证券代码：920087 证券简称：秋乐种业 公告编号：2026-011 河南秋乐种业科技股份有限公司 | 股东名称 | 股东身份 | 持股数量 | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | | | | （股） | （%） | | | 河南农投 产业投资 | 持股 5%以 | 10,273,836 | 6.2190% | 上市前取得及后续 | | | 上股东 | | | 增持 | | 有限公司 | | | | | 注：河南生物育种中心有限公司（持有秋乐种业 850.00 万股，占比 5.1453%)为河南农投产 业投资有限公司的一致行动人。 二、 本次减持计划的主要内容 | | 计划减 | | | | | 拟减 | | | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名 | 计划减持 | 持数量 | 减持 | 减持 | 减持价 | 持股 | 拟减持 | | | 数量 | 占总股 | | | | | | | 称 | | | 方式 | 期间 | 格区间 | 份来 | 原因 | | | （股） | 本 ...

证券代码：920087 证券简称：秋乐种业 公告编号：2026-012 河南秋乐种业科技股份有限公司 2025 年年度业绩快报 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。 特别提示：本公告所载 2025 年 年度主要财务数据为初步核算数据，未经会 计师事务所审计，具体数据以公司 2025 年年度报告中披露的数据为准，提请投 资者注意投资风险。 一、2025 年年度主要财务数据和指标 单位：元 | 项目 | 本报告期 | 上年同期 | 变动比例% | | --- | --- | --- | --- | | 营业收入 | 331,650,994.88 | 391,208,711.12 | -15.22% | | 利润总额 | 14,254,076.16 | 52,761,211.04 | -72.98% | | 归属于上市公司 | 12,549,489.11 | 50,440,032.78 | -75.12% | | 股东的净利润 | | | | | 归属于上市公司 | -11,977,134.9 ...

Investment Rating - The report maintains an investment rating of "Outperform" for the agriculture, forestry, animal husbandry, and fishery industry [8] Core Insights - The report highlights the stabilization and rebound of pig prices, with the January average price for external three yuan pigs at 12.68 yuan/kg, reflecting a month-on-month increase of 9.58% but a year-on-year decrease of 19.52% [8][21] - The "No. 1 Document" emphasizes the promotion of biological breeding industrialization, which is crucial for achieving self-sufficiency in seed sources and enhancing grain production capacity [19][20] - The pet food sector shows a positive trend, with December 2025 pet food exports reaching 37,700 tons, a year-on-year increase of 15.49% [35] Summary by Sections Market Review - In January 2026, the agriculture, forestry, animal husbandry, and fishery index rose by 1.63%, ranking 23rd among 30 sectors, while the Shanghai and Shenzhen 300 index increased by 1.65% [11] - The animal health sector performed well, while the forestry processing sector saw declines [11] Biological Breeding - The "No. 1 Document" calls for the implementation of actions to revitalize the seed industry and accelerate the breeding and promotion of breakthrough varieties [19][20] - The focus is on stabilizing grain and oil production and enhancing yield levels [19] Livestock and Poultry Data Tracking - Pig prices showed a rebound in January, with a tight supply supporting price increases [21] - The average price of white feather chickens rose to 3.73 yuan/jin, with a month-on-month increase of 1.36% [28] Pet Food Exports - Pet food exports maintained a year-on-year growth, with total exports for 2025 reaching 361,300 tons, a 7.78% increase [35] Investment Recommendations - The report suggests focusing on companies such as Muyuan Foods, Pulaike, Qiule Seed Industry, Guobao Pet, Zhongchong Co., and Petty Holdings, as the industry’s price-to-earnings and price-to-book ratios are below historical averages, indicating potential for valuation recovery [8]

Investment Rating - The report maintains an investment rating of "Outperform" for the agricultural, forestry, animal husbandry, and fishery industry [8] Core Insights - The report highlights the stabilization and rebound of pig prices, with the "No. 1 Document" reiterating the importance of biological breeding [8] - The report emphasizes the significance of the biological breeding industry for achieving self-sufficiency in seed sources and enhancing grain production capacity [19][20] - The report indicates that the industry is currently undervalued, with price-to-earnings (P/E) and price-to-book (P/B) ratios below historical averages, suggesting potential for valuation recovery [8] Summary by Sections Market Review - In January 2026, the agricultural, forestry, animal husbandry, and fishery index rose by 1.63%, underperforming the Shanghai and Shenzhen 300 index, which increased by 1.65% [11] - The animal health sector showed strong performance, while the timber processing sector lagged [11] Biological Breeding - The "No. 1 Document" emphasizes the need to promote the industrialization of biological breeding, which is crucial for achieving self-reliance in seed sources and enhancing grain production [19][20] Livestock Farming Data Tracking - In January 2026, the average price of pigs was 12.68 yuan/kg, reflecting a month-on-month increase of 9.58% but a year-on-year decrease of 19.52% [21] - The average price of white feather chickens rose to 3.73 yuan/jin, with a month-on-month increase of 1.36% and a year-on-year increase of 2.75% [28] Pet Food Exports - In December 2025, pet food exports reached 37,700 tons, a year-on-year increase of 15.49%, while the total export value for the year was 1.41 billion USD, a decrease of 4.62% [35] Investment Recommendations - The report suggests focusing on companies such as Muyuan Foods, Pulike, Qiule Seed Industry, Guobao Pet, Zhongchong Co., and Petty Co., as they are expected to benefit from the industry's recovery [8]

2026年2月12日，秋乐种业公告国有股东所持股份完成过户登记：温县农业科学研究所将32.4万股（占 总股本0.1961%）无偿划转至温县农业投资有限公司。该事项已于2月11日完成过户，不导致公司控制 权变更，对经营无直接影响。 以上内容基于公开资料整理，不构成投资建议。 近期事件 经济观察网 近7天，秋乐种业（920087）股价呈现下行趋势，区间累计跌幅4.73%。2月13日收盘报 16.93元，单日微涨0.30%，但振幅达2.25%，成交额6586.61万元，换手率2.37%。资金流向方面，2月12 日主力资金净流出375.66万元，占总成交额4.33%，游资净流出365.3万元，散户净流入68.09万元，反映 短期资金承压。同期农业种植板块下跌0.96%，大盘指数疲软，外部环境拖累个股表现。 ...

二、本次交易事项进展 公司于 2026 年 1 月 29 日披露了《河南秋乐种业科技股份有限公司关于公司 国有股东所持公司 0.1961%股份拟无偿划转的进展公告》（公告编号：2026-007）， 股份转让双方已向北京证券交易所提交相关材料，并收到北京证券交易所出具的 《关于秋乐种业协议转让申请的确认函》（北证函【2026】57 号），有效期截止至 2026 年 7 月 19 日(含当日)。 证券代码：920087 证券简称：秋乐种业 公告编号：2026-010 河南秋乐种业科技股份有限公司 关于公司国有股东所持股份完成过户登记的公告 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。 一、本次交易情况概述 河南秋乐种业科技股份有限公司(以下简称"秋乐种业"或"公司")于 2025 年 11 月 28 日披露了《河南秋乐种业科技股份有限公司关于公司国有股东所持公司 0.1961%股份拟无偿划转的公告》（公告编号：2025-115）。 根据温县人民政府国有资产监督管理委员会（简称"温县国资委"）《关于河 南秋 ...

Investment Rating - The industry is rated as "Overweight," indicating an expected increase in performance exceeding the market benchmark index by more than 10% over the next 6-12 months [40]. Core Insights - The North Exchange market has reached a significant milestone with the number of qualified investors surpassing 10 million, marking a net increase of nearly 2 million compared to the same period last year, which lays a solid foundation for long-term healthy market development [3][34]. - Despite recent market adjustments, the long-term allocation value of the North Exchange remains recognized by institutions, with a slight decrease in margin financing indicating a reduction in market risk appetite [3][36]. - The acceleration of new stock issuances is expected to provide new supply to the market, with five new stocks issued in January and more expected in the coming weeks [3][36]. Summary by Sections Market Overview - The average daily trading volume of all A-shares on the North Exchange reached 20.48 billion yuan, a decrease of 28.7% week-on-week [8]. - The North Exchange 50 index fell by 0.70% during the week, with an average turnover rate of 2.13% [8]. Key News and Policies - A joint release by ten departments introduced the "Low Altitude Economy Standard System Construction Guide (2025 Edition)," focusing on five core areas including low-altitude aircraft and safety regulation [20]. - The Shanghai Gold Exchange adjusted the trading margin levels and price fluctuation limits for certain gold and silver contracts [24]. Core Driving Factors - The North Exchange's market construction has reached a new stage, with a significant increase in qualified investors, indicating enhanced market attractiveness and investor ecosystem development [34]. - Structural differentiation is evident in the industry, with active performance in energy and technology sectors, while the overall valuation shows signs of convergence [35]. - Market sentiment is cautious, with a slight retreat in margin financing indicating reduced risk appetite among investors [36]. Investment Recommendations and Strategies - Attention is recommended on the upcoming adjustments to the North Exchange 50 constituent stocks, which may create passive allocation demand for index funds [37]. - Focus on sectors with clear industrial trends such as AI, commercial aerospace, and semiconductors, as well as leading companies in the new energy sector that align with new productivity directions [38]. - A bottom-up approach is suggested to identify stocks with matching performance and valuation, especially those with potential for exceeding earnings expectations [38].

证券代码：920087 证券简称：秋乐种业 公告编号：2026-009 河南秋乐种业科技股份有限公司 关于使用闲置自有资金购买理财产品进展的公告 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。 一、 授权委托理财情况 （一）审议情况 河南秋乐种业科技股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开第四届董事会第二十六次会议审议通过了《关于使用闲置自有资金购买 理财产品的议案》，在确保日常经营资金需求和资金安全的前提下，公司拟使 用闲置自有资金不超过人民币 2 亿元进行委托理财。相关内容详见公司在北京 证券交易所（www.bse.cn）披露的《河南秋乐种业科技股份有限公司关于使用 闲置自有资金购买理财产品的公告》（公告编号：2025-028）。 （三） 本次委托理财产品受托方、资金使用方情况 1.公司已对受托方的基本情况、信用情况及其交易履约能力等进行了必要 的调查，信用情况良好，具备交易履约能力。 （二）披露标准 根据《北京证券交易所股票上市规则》相关规定，交易的成交金额占上市 公 ...

证券代码：920087 证券简称：秋乐种业 公告编号：2026-008 河南秋乐种业科技股份有限公司 2025 年年度业绩预告 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。 特别提示：本公告所载 2025 年年度主要财务数据为初步核算数据，未经会 计师事务所审计，具体数据以公司 2025 年年度报告中披露的数据为准，提请投 资者注意投资风险。 三、风险提示 2025 年 1 月 1 日至 2025 年 12 月 31 日。 (二)业绩预告情况 √年度实现盈利，且净利润与上年同期相比下降 50%以上 单位：万元 | 股东的净利润 | | | | | | --- | --- | --- | --- | --- | | | | 本报告期 1,200.00～1,400.00 | | | | | | | 上年同期 5,044.00 | | | | | | | 变动比例% -76.21%～-72.24% | | 项目 归属于上市 | 公司 | | | | 二、本期业绩重大变化的主要原因 公司本期业绩预减的主 ...

Core Viewpoint - The agricultural sector is experiencing a strong performance driven by rising price expectations and anticipation of policy announcements, particularly the "No. 1 Document" which typically influences market trends at the beginning of the year [2][5]. Group 1: Agricultural Sector Performance - As of January 30, the agricultural sector showed significant strength, with leading stocks like Nongfa Seed Industry hitting the daily limit, and other stocks such as Dunhuang Seed Industry and Denghai Seed Industry also achieving substantial gains [3][4]. - The overall performance of pig farming stocks has been better than the market average, indicating a positive trend in this segment [3]. Group 2: Price Trends and Influences - Recent price trends show a rebound in pig prices, reaching 12.97 yuan/kg, although the increase is limited due to declining slaughter rates [4][7]. - The agricultural sector is expected to benefit from rising prices of agricultural products as a result of the surge in commodity prices [6]. Group 3: Policy and Market Expectations - The "No. 1 Document" is anticipated to have a significant impact on the agricultural market, with expectations for policies that support rural revitalization and food security [5]. - The Ministry of Agriculture and Rural Affairs has emphasized the importance of the seed industry during the "14th Five-Year Plan" period, aiming for major breakthroughs in seed industry revitalization [5]. Group 4: Market Dynamics - The pig farming industry is facing challenges such as slow capacity reduction and rising pandemic risks, which may limit profitability despite current price increases [6]. - The chicken market shows a mixed outlook, with white chicken prices stabilizing while yellow chicken prices are expected to rise due to tight supply and seasonal demand [6][7].