The company said on Sunday that authorities in eastern Anhui
province had reported finding what they suspected was African swine
fever in feed made by its 51 percent-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
The company said it had resumed normal operations on Tuesday and was
working to eliminate the negative impact on its operations.
Tangrenshen's shares closed up 2.27 percent on Tuesday at 4.95 yuan
($0.7117) a share.
[to top of second column]
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.
(Reporting by Dominique Patton; Editing by Kirsten Donovan)
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