China's Wens Recovers Valuable Pregnant Sows in Odd Pig Swap
Zhang Yushuo
DATE:  Mar 18 2020
/ SOURCE:  yicai
China's Wens Recovers Valuable Pregnant Sows in Odd Pig Swap China's Wens Recovers Valuable Pregnant Sows in Odd Pig Swap

(Yicai Global) March 18 -- Wens Foodstuff Group has brought home its nearly 70 pregnant sows that were stolen in a strange incident that could have caused the major Chinese pork producer to lose more than CNY500,000 (USD71,307).

Police are investigating a suspect that may be sentenced to more than 10 years in jail if found guilty, eastern Jiangxi province's public security department said in an article posted on its WeChat account yesterday. 

The Guangdong province-based company had hired the suspect to tend to its 70 pregnant sows last December amid the country's African swine fever outbreak and rising pork prices. The firm said in a filing to the Shenzhen Stock Exchange yesterday that those pigs have now been replaced by non-pregnant ones.

Found in 1983, Wens made CNY25.9 billion (USD3.7 billion) in sales revenue last year. 

Wens's share price [SHE:300498] rose 1.2 percent to CNY31.45 (USD4.50) this afternoon. 

Editor: Emmi Laine

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Keywords:   Wens Foodstuff Group