Dekon Food and Agriculture Group (Ticker: 2419 HK) is an agriculture company based in China, specializing in pig and yellow-feathered broiler breeding. The company has announced its Initial Public Offering (IPO) on the Hong Kong Exchange. Dekon Food and Agriculture Group is known for its vertically integrated business model that spans the entire industrial chain, from feed production to breeding, rearing, and the sale of live pigs and broiler chickens. The company plans to expand into slaughtering, processing, and the sale of meat products. In 2022, the company reported a revenue increase of 52% year-over-year to RMB 15 billion, turning a profit of RMB 992 million, in contrast to a loss in the previous year.

The company is set to list on December 6, 2023 and plans to offer 26.91 million shares, with an expected price range of HKD 30.35 to 36.95 (USD 3.90 to 4.74). The total offer size is HKD 994.40 million (USD 127.66 million). The offering is managed by a consortium of underwriters including ABCI Capital Ltd, BOCI Asia Ltd, CMB International Capital Corp Ltd, and several others.