Spread ASF found in animal feed
The company commented that authorities in eastern Anhui province had reported finding what they suspected was African swine fever in feed made by its 51%-owned subsidiary, Bili Meiyingwei Nutrition Feedstuff.
In a statement to the Shenzhen Stock Exchange, Tangrenshen said authorities had notified its subsidiary on Monday afternoon that their tests had failed to confirm the presence of the deadly disease in any of the raw material or finished product samples collected last week.
The company said it had resumed normal operations and was working to eliminate the negative impact on its operations.Tangrenshen’s shares closed up 2.27% on Tuesday at $0.7117 a share.
China has struggled to stem the rapid spread of African swine fever, which has now reached most of the country’s pig-farming regions. The disease cannot be cured and has no vaccine, posing a major threat to the world’s top pork producer.
Beijing earlier said many of the cases were caused by feeding kitchen waste to pigs that was not properly processed to kill the virus. However, feed supplies can also become contaminated with the virus, where it can survive for weeks.