证券代码：837403 证券简称：康农种业 公告编号：2025-096 湖北康农种业股份有限公司 二、议案审议情况 （一）审议通过《关于取消公司监事会、变更公司注册资本并拟修订<公司章程> 的议案》议案 1.议案内容： 公司于 2025 年 5 月 26 日召开 2024 年年度股东会，审议通过《关于 2024 第三届监事会第二十四次会议决议公告 本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 本次会议的召集、召开、议案审议程序均符合《中华人民共和国公司法》和 《湖北康农种业股份有限公司章程》的规定，所作决议合法有效。 （二）会议出席情况 会议应出席监事 3 人，出席和授权出席监事 3 人。 本议案不涉及关联交易，无需回避表决。 本议案尚需提交股东会审议。 1.会议召开时间：2025 年 6 月 25 日 2.会议召开地点：公司会议室 3.会议召开方式：本次会议采用现场和通讯相结合的方式 4.发出监事会会议通知的时间和方式：2025 年 6 月 20 日以通讯 ...

证券代码：837403 证券简称：康农种业 公告编号：2025-061 湖北康农种业股份有限公司 第三届董事会第二十五次会议决议公告 2.会议召开地点：公司会议室 3.会议召开方式：会议采用现场和通讯相结合的方式 4.发出董事会会议通知的时间和方式：2025 年 6 月 20 日以通讯方式发出 5.会议主持人：董事长方燕丽女士 6.会议列席人员：监事及高级管理人员 7.召开情况合法、合规、合章程性说明： 本次会议的召集、召开、议案审议程序均符合《中华人民共和国公司法》和 《湖北康农种业股份有限公司章程》的规定，所作决议合法有效。 （二）会议出席情况 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 6 月 25 日 二、议案审议情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 （一）审议通过《关于董事会换届选举暨提名第四届董事会非独立董事候选人的 议案》 1.议案内容： 鉴于第三届董事会已任期届满，根据《公司法》《公司章 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, indicating a positive outlook for its future performance [3][6]. Core Viewpoints - The company maintains its competitive advantage in the Southwest region while expanding its market presence in the Huanghuaihai region, aiming to create a second growth curve through the promotion of key products [3][5]. - The company is recognized as a key player in the agricultural industry, focusing on high-yield, stable, and resilient hybrid corn seed research, production, and sales [5][13]. - The report highlights the potential for growth driven by rising grain prices and the acceleration of genetically modified (GM) crop adoption [5][42]. Summary by Relevant Sections Market Performance - As of June 20, 2025, the company's closing price is 23.57 yuan, with a total market capitalization of approximately 2.34 billion yuan and a circulating market value of about 1.37 billion yuan [1]. Financial Forecast and Valuation - Projected revenues for 2023 to 2027 are as follows: 288 million yuan (2023), 337 million yuan (2024), 431 million yuan (2025), 553 million yuan (2026), and 687 million yuan (2027), with corresponding growth rates of 45.85%, 16.80%, 28.16%, 28.19%, and 24.27% [4]. - The expected net profit attributable to shareholders for the same period is 53 million yuan (2023), 83 million yuan (2024), 93 million yuan (2025), 114 million yuan (2026), and 139 million yuan (2027), with growth rates of 28.73%, 55.21%, 12.39%, 22.79%, and 22.03% respectively [4][6]. Business Overview - The company has a strong foothold in the Southwest region, with a market share increase from 4.84% in 2021 to 5.97% in 2022, indicating a solid competitive position [5][58]. - The company is actively expanding into the Huanghuaihai and Northeast regions, with significant growth in sales of its flagship product, Kangnongyu 8009, contributing to revenue increases [5][35]. Growth Drivers - The report emphasizes the importance of GM crop commercialization, with the company having successfully developed and approved its GM corn variety, Kangnong 20065KK, which is set for demonstration planting in 2025 [5][53]. - The company is expected to benefit from rising grain prices, with corn prices increasing by 13.1% as of June 11, 2025, which may stimulate demand for its products [5][45]. Management and Strategy - The management team possesses extensive experience in the seed industry, with a focus on innovation and market expansion strategies [5][33]. - The company plans to enhance its production capacity through investment projects aimed at improving seed processing and storage capabilities [5][40].

Investment Rating - The investment rating for the company is "Buy" with a first-time recommendation [11]. Core Views - The company is expected to achieve breakthrough growth by leading the current variety replacement cycle with its densely planted product, Kangnongyu 8009, which is set for large-scale promotion in the Huanghuaihai region in 2024 [4][7]. - The company has shown strong revenue growth, with a projected revenue of 3.37 billion yuan in 2024, representing a year-on-year increase of 16.8%, and a net profit of 830 million yuan, up 55.2% year-on-year, primarily driven by the market expansion of Kangnongyu 8009 [8][24]. Summary by Sections Company Overview - Kangnong Seed Industry, established in 2007, focuses on the research, production, and sales of hybrid corn seeds, driven by scientific innovation [8][18]. - The company has a concentrated ownership structure, with the chairman holding 51.56% of the shares, indicating strong management expertise [8][18]. Industry Analysis - The corn seed industry in China is currently experiencing a period of variety replacement, supported by national policies aimed at revitalizing the seed industry and reducing homogenization [9][30]. - The introduction of new seed laws and policies since 2021 aims to enhance intellectual property rights and promote innovation, which could lead to improved profit margins for quality enterprises [9][30][47]. Competitive Position - The company has established a significant market presence in the central and southwestern regions of China, with a market share of 5.97% in these areas [10][11]. - Kangnongyu 8009 has been recognized for its high yield and resilience, achieving a second-place ranking in a national corn variety competition with a yield of 1,089 kg per mu [10][11]. Future Development - The company's future growth strategy includes regional expansion and product innovation, leveraging the advantages of its densely planted varieties to increase market penetration [11][18]. - The company is also focusing on high-protein corn products to reduce reliance on imported soybean meal, with several of its corn varieties exceeding the national protein content standard of 11% [11][18].

Group 1: Investor Relations Activities - The company participated in the 2025 online collective reception day for investors in Hubei on June 12, 2025 [3][4] - The event was conducted remotely via the "Panorama Roadshow" website [4] Group 2: Key Issues Addressed - The company is expanding its business into the Huang-Huai-Hai region with multiple new varieties entering the approval stage, aiming to enhance market competitiveness [6] - In the Northeast region, the company is addressing ear rot disease with two main varieties, JN 198 and HSD 568, showing significant disease resistance [6] - Strategic partnerships have been established with research institutions to enhance R&D capabilities in the Northeast [6] Group 3: M&A Plans - The company is considering M&A plans based on industry developments and its own strategic goals, with timely disclosures to be made as required [6]

□现场参观 证券代码：837403 证券简称：DR 康农种 公告编号：2025-055 湖北康农种业股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 □新闻发布会 □特定对象调研 □业绩说明会 □媒体采访 □分析师会议 二、 投资者关系活动情况 三、 投资者关系活动主要内容 公司就投资者关心的问题进行了回复，主要问题及回复如下： □路演活动 活动时间：2025 年 6 月 12 日（星期四）14:00-16:40 √其他 活动地点：公司通过"全景路演"网站（https://rs.p5w.net）采用网络远程的 方式参与本次互动交流。 参会单位及人员：投资者网上提问。 参加湖北辖区上市公司 2025 年投资者网上集体接待日活动。 上市公司接待人员：公司董事、总经理彭绪冰先生；董事、董事会秘书李丹 妮女士；财务负责人邓恢勇先生。 回答：尊敬的投资者，您好。公司将根据行业发展情况、公司自身经营战略 等多方面因素审慎衡量并购计划，如有相关信息，公司将按 ...

证券代码：837403 证券简称：康农种业 公告编号：2025-054 湖北康农种业股份有限公司 关于参加湖北辖区上市公司 2025 年投资者网上集体接待 日活动说明会预告公告 本次说明会采用网络方式召开。 投资者可登录"全景路演"网站（https://rs.p5w.net），或关注微信公众号： 全景财经，或下载全景路演 APP，参与本次互动交流。届时公司高管将在线就公 司 2024 年度业绩、公司治理、经营状况和可持续发展等投资者关心的问题，与 投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 说明会类型 为进一步加强与投资者的互动交流，湖北康农种业股份有限公司（以下简称 "公司"）将参加由湖北证监局、湖北省上市公司协会与深圳市全景网络有限公 司联合举办的"湖北辖区上市公司 2025 年投资者网上集体接待日活动"。 二、 说明会召开的时间、地点 （一）会议召开时间：2025 年 6 月 12 日（星期四）14:00-16:40。 （二）会议召开地点 ...

Market Overview - A-shares and Hong Kong stocks experienced a decline in the afternoon, with the ChiNext Index and STAR 50 Index dropping over 1% [1] - The Shanghai Composite Index closed down 0.44% at 3384.82 points, while the Shenzhen Component Index fell 0.86% to 10162.18 points [1] - The total trading volume in the Shanghai and Shenzhen markets reached 145.16 billion yuan, an increase of nearly 140 billion yuan compared to the previous day [1] Banking Sector Performance - The banking sector showed strength, with Minsheng Bank rising nearly 3% and reaching a peak increase of about 4% during trading [4] - Other banks such as Zhejiang Commercial Bank and Xi'an Bank also saw gains of approximately 2% [4] - Recent announcements of dividend distributions by several banks have led to a more favorable outlook for the sector, with historical data indicating stable performance during the traditional dividend period of June to July [6] Departure Tax Refund Concept - The departure tax refund concept surged, with China National Aviation rising by 30% and several other companies hitting their daily limit [8] - The State Administration of Taxation reported a 116% year-on-year increase in the number of departure tax refunds processed in the first month of the new policy [10] - The potential market space for departure tax refunds is estimated to be nearly 100 billion yuan, which could further stimulate consumption and expand domestic demand [10] Agricultural Sector Activity - The agricultural sector saw significant activity, particularly in seed companies, with Qiu Le Seed Industry rising approximately 12% and Kangnong Seed Industry increasing over 10% [12] - The Ministry of Agriculture has initiated inspections of seed production bases to ensure the safety and quality of agricultural seeds, which is expected to enhance market order and industry standards [14]

Investment Rating - The industry investment rating is maintained as "Increase" for the agricultural sector [6] Core Viewpoints - The agricultural sector outperformed the market by 0.03 percentage points during the week of June 3-6, 2025, with the index closing at 2,682.22, reflecting a weekly increase of 0.91% [1][15] - The pig farming sector is experiencing a downward trend in prices, with the average price of pigs at 14.05 yuan/kg, a week-on-week decrease of 2.43% and a year-on-year decrease of 23.89% [2] - The poultry sector is seeing stable chick prices but weak adjustments in meat chicken prices due to high inventory levels in downstream slaughtering [2] - In the agricultural products segment, wheat and soybean meal prices are weak, while japonica rice prices have increased [3] Summary by Sections 1. Market Review - The agricultural sector index rose by 0.91% and ranked 20th among 31 sectors [1][15] - The fishery sector showed the best performance with a 1.34% increase, followed by planting, feed, agricultural product processing, and breeding sectors [1][17] 2. Industry Key Data 2.1 Pig Farming - The average price of pigs is 14.05 yuan/kg, down 2.43% week-on-week and down 23.89% year-on-year [2] - Self-breeding profits are at 33.83 yuan/head, a decrease of 1.82 yuan/head week-on-week, while profits from purchased piglets are at -120.80 yuan/head, down 36.43% week-on-week [2] 2.2 Poultry - The average price of meat chicken chicks is 2.84 yuan/chick, down 1.05% week-on-week, and the price of white feather meat chickens is 7.32 yuan/kg, down 0.68% week-on-week [2] 2.3 Agricultural Products - The average price of wheat is 2,433.61 yuan/ton, down 0.82% week-on-week; japonica rice is at 2,876.00 yuan/ton, up 0.42% week-on-week; and soybean meal is at 2,940.00 yuan/ton, down 0.54% week-on-week [3] 3. Investment Recommendations - The report suggests focusing on the aquaculture feed industry due to the upcoming sales peak in summer and rising prices of certain fish species [4] - In pig farming, companies with strong cost control or clear cost reduction paths are recommended, including Muyuan Foods, Wens Foodstuff Group, and others [4] - For poultry, attention is drawn to integrated industry leaders like Shengnong Development and Lihua Stock for their stable expansion and cost advantages [4] - In the feed sector, companies like Haida Group and Hefeng Stock are highlighted for benefiting from the recovery in livestock inventory [4] - For agricultural products, companies like Suqian Agricultural Development and Beidahuang are recommended for their focus on food security [4]

湖北康农种业股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 湖北康农种业股份有限公司 2024 年年度权益分派方案已获 2025 年 5 月 26 日召开的股东会审议通过，本次实施分配方案距离股东会审议通过的时间未超过 两个月。 现将权益分派事宜公告如下： 本次权益分派基准日合并报表归属于母公司的未分配利润为 208,181,513.59 元，母公司未分配利润为 200,858,600.85 元，母公司资本公积为 180,333,859.08 元（其中股票发行溢价形成的资本公积为 180,213,859.08 元，其他资本公积为 120,000.00 元）。本 次权益 分派共 计 转 增 28,388,880 股 ， 派发现 金红利 14,194,440.00 元。 证券代码：837403 证券简称：康农种业 公告编号：2025-053 一、权益分派方案 1、本公司 2024 年年度权益分派方案为： 以公司现有总股本 70,972,200 股为基数，向全体 ...