Zixin Group has secured its first probiotic-infused fermented sweet potato feedstock order from a local chicken poultry breeder farm in Liancheng County on Dec 31, 2024.
The order is for approximately 1,080 tonnes of feedstock for RMB3.24 million ($0.61 million) and is valid for an initial period of one year, commencing on Jan 1.
The group announced that it obtained the patented feed formulation on Dec 26, 2024.
The fermentation and production of the probiotic-infused fermented sweet potato feedstock is outsourced to a third-party fermentation plant operator, who works in conjunction with the designated sweet potato peel waste collector in Liancheng County. Instead, the group will focus on providing its proprietary probiotic solution and technical support to the fermentation plant to process the agricultural waste - sweet potato peels in this case - into feedstock for its supply to the chicken poultry farm owner.
For its current feedstock order, the group will require 5,400 tonnes of sweet potato peel waste. Zixin Group will supply 3,500 tonnes of this refuse, while the remaining 1,900 tonnes will be sourced from other farmers or food processing plants in Liancheng County.
“We are heartened to have achieved a new milestone for Zixin Group with this feedstock order, as the trial feedings yielded satisfactory results,” says Liang Chengwang, executive chairman and CEO of Zixin Group.
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The order will not have a material impact on its results for the financial year ending March 31.
