Livestock Major Hog Company Facing Potential Bankruptcy The news of the day in China, outside of the war in Ukraine, pertains to market rumors that Zhengbang Technology Company is on the verge of bankruptcy. A variety of market announcements from Zhengbang, which has the been the second largest hog producer domestically and a leading importer of breeder pigs, as well as commentary from market observers sent shockwaves across China’s livestock industry. While the company pushed back on the suggestion that its imminent demise was the product of fake online news, an announcement late yesterday from the company that it had reached an agreement with Dabeinong (DBN), another top hog producer and feed company based in Beijing, to sell eigh...