Loniushan: At present, the space for reducing feed costs by importing tax benefits is relatively limited.

On November 5th, Luo Niushan stated on the interactive platform that, regarding the issue of import tariffs on feed ingredients, based on the policy information and market conditions obtained by the company, Hainan has not yet implemented targeted "zero tariff" preferential measures for the import of main feed ingredients such as corn and soybean meal. Therefore, at this stage, the space to reduce feed costs through import tariff incentives is relatively limited.