证券之星消息，10月29日饲料板块较上一交易日上涨0.79%，路斯股份领涨。当日上证指数报收于 4016.33，上涨0.7%。深证成指报收于13691.38，上涨1.95%。饲料板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 920419 | 路斯股份 | 18.22 | 3.76% | 2.62万 | liv | 4656.78万 | | 603363 | 傲农生物 | 5.21 | 2.96% | 78.73万 | | 4.08亿 | | 002696 | 直洋股份 | 6.80 | 1.95% | 20.36万 | | 1.38亿 | | 002891 | 中宠股份 | 57.21 | 1.51% | 7.50万 | | 4.26亿 | | 002311 | 海大集团 | 57.38 | 1.22% | 8.52万 | | 4.90亿 | | 301498 | 乖宝宠物 | 73.43 | 1.12% | 3.94万 | | 2.86亿 | | 002 ...

证券研究报告·北交所公司点评报告·交通运输 路斯股份（920419） 2025 三季报点评：25Q3 业绩环比改善，持续 加大国内外市场开拓 增持（维持） | [Table_EPS] 盈利预测与估值 | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- | | 营业总收入（百万元） | 696.31 | 777.64 | 873.17 | 980.45 | 1,094.32 | | 同比 | 26.82 | 11.68 | 12.29 | 12.29 | 11.61 | | 归母净利润（百万元） | 68.40 | 78.36 | 68.79 | 80.43 | 94.12 | | 同比 | 58.58 | 14.57 | (12.21) | 16.91 | 17.02 | | EPS-最新摊薄（元/股） | 0.66 | 0.76 | 0.67 | 0.78 | 0.91 | | P/E（现价&最新摊薄） | 27.26 | 23.80 | 27.11 | 23.18 | 19.81 | [Table_Su ...

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company's profitability improved quarter-on-quarter in Q3 2025, although short-term profits are pressured by losses from its Cambodian subsidiary [5] - The company achieved a revenue of 619 million yuan in Q1-Q3 2025, representing an 8% year-on-year increase, while net profit decreased by 21% year-on-year to 46.78 million yuan [7] - The company is focusing on enhancing its brand presence both domestically and internationally, participating in key industry exhibitions to promote its products [7] Financial Summary - Revenue projections for the company are as follows: 696 million yuan in 2023, 778 million yuan in 2024, 874 million yuan in 2025E, 1,003 million yuan in 2026E, and 1,147 million yuan in 2027E, with year-on-year growth rates of 26.82%, 11.68%, 12.40%, 14.81%, and 14.34% respectively [6] - The projected net profit for 2025E is 71 million yuan, with a year-on-year decrease of 9.37% [6] - The company’s earnings per share (EPS) are expected to be 0.69 yuan in 2025E, with a price-to-earnings (P/E) ratio of 26.26 [6] Operational Insights - The company’s gross margin for Q1-Q3 2025 was 20.12%, down by 2.83 percentage points year-on-year [7] - The main product categories, including staple food, saw significant revenue growth, with staple food products achieving 59.46 million yuan in revenue, a 40.02% year-on-year increase [7] - The Cambodian project is expected to add 3,000 tons of pet snack production capacity annually once fully operational, contributing to the company's overseas expansion strategy [7]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 920419 | 路斯股份 | 17.56 | -2.71% | 1.72万 | 3035.79万 | | 002311 | 海大集团 | 56.69 | -2.56% | 10.64万 | 6.04亿 | | 603668 | 天马科技 | 13.78 | -1.99% | 18.78万 | 2.61亿 | | 603363 | 傲农生物 | 5.06 | -1.94% | 60.98万 | 3.08亿 | | 000702 | 正虹科技 | 7.23 | -1.63% | 7.34万 | 5324.48万 | | 002100 | 天康生物 | 7.81 | -1.01% | 21.41万 | 1.68亿 | | 002548 | 金新农 | 4.76 | -0.83% | 20.34万 | 9688.79万 | | 002567 | 唐人神 | 4.82 | -0.82% | 19.96万 | 9639.83万 | | 300673 | 佩蒂 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301498 | 乖宝宠物 | 70.48 | -2.04% | 6.40万 | 4.56亿 | | 300673 | 佩蒂股份 | 17.09 | -1.89% | 8.41万 | 1.46 Z | | 688156 | 路德环境 | 19.36 | -0.05% | ● 1.75万 | 3403.08万 | | 002696 | 百洋股份 | 6.68 | 0.15% | 24.25万 | 1.62亿 | | 002891 | 中宠股份 | 54.46 | 0.18% | 6.53万 | 3.53亿 | | 001366 | 播恩集团 | 13.09 | 0.46% | 2.24万 | 2923.52万 | | 002385 | 大北农 | 4.14 | 0.49% | 87.84万 | 3.63亿 | | 002567 | 唐人神 | 4.86 | 0.83% | 35.21万 | 1.71亿 | | 920419 | 路斯股份 | 18.0 ...

山东路斯宠物食品股份有限公司 第五届董事会第十九次会议决议公告 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、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 10 月 24 日 2.会议召开地点：公司会议室 3.会议召开方式：现场、通讯 4.发出董事会会议通知的时间和方式：2025 年 10 月 13 日以通讯方式发出 5.会议主持人：郭百礼先生 6.会议列席人员：公司高级管理人员 7.召开情况合法合规的说明： 本次会议的召开符合《公司法》等法律法规及公司章程的规定。 （二）会议出席情况 会议应出席董事 9 人，出席和授权出席董事 9 人。 董事赵飞、熊德斌、黄栋、魏海涛因工作原因以通讯方式参与表决。 证券代码：920419 证券简称：路斯股份 公告编号：2025-101 本议案已经公司第五届董事会审计委员会第十次会议审议通过。 3.回避表决情况： 本议案不涉及关联交易事项，不存在回避表决情形。 4.提交股东会表决情况： 本议案无需提交股东会审议。 三、备查文件 1、第五届 ...

Core Insights - The feed sector experienced a slight decline of 0.17% on October 24, with Tianma Technology leading the losses [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Feed Sector Performance - Zhongchong Co., Ltd. (002891) saw a closing price of 54.36, with an increase of 3.74% and a trading volume of 96,700 shares, amounting to a transaction value of 526 million yuan [1] - Other notable performers included Boen Group (001366) with a closing price of 13.03, up 0.77%, and Petty Co., Ltd. (300673) at 17.42, up 0.40% [1] - Tianma Technology (603668) led the declines with a closing price of 13.50, down 4.66%, and a trading volume of 222,500 shares, resulting in a transaction value of 309 million yuan [2] Capital Flow Analysis - The feed sector experienced a net outflow of 154 million yuan from institutional investors, while retail investors saw a net inflow of 97.74 million yuan [2] - The capital flow for individual stocks showed that Zhongchong Co., Ltd. had a net inflow of 12.28 million yuan from institutional investors, while it faced a net outflow of 36.39 million yuan from retail investors [3] - Other stocks like He Feng Co., Ltd. (60360a) and Boen Group (001366) also showed mixed capital flows, with varying degrees of net inflows and outflows from different investor categories [3]

Market Overview - The feed sector increased by 1.83% on October 21, with Tianma Technology leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Individual Stock Performance - Tianma Technology (603668) closed at 14.95, up 4.04% with a trading volume of 212,600 shares and a turnover of 312 million yuan [1] - Haida Group (002311) closed at 59.02, up 2.80% with a trading volume of 115,100 shares and a turnover of 674 million yuan [1] - Boen Group (001366) closed at 12.78, up 2.49% with a trading volume of 21,800 shares and a turnover of 27.6 million yuan [1] - Other notable performers include Lusi Co. (920419) up 2.44%, Zhenghong Technology (000702) up 2.41%, and Lude Environment (688156) up 1.77% [1] Capital Flow Analysis - The feed sector experienced a net outflow of 151 million yuan from institutional investors, while retail investors saw a net inflow of 173 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Detailed Capital Flow for Selected Stocks - Dabeinong (002385) had a net outflow of 15.5 million yuan from institutional investors, with a retail net inflow of 9.57 million yuan [3] - Petty Holdings (300673) saw a net outflow of 3.39 million yuan from institutional investors, while retail investors contributed a net inflow of 8.48 million yuan [3] - Other stocks like Boen Group (001366) and Zhenghong Technology (000702) also reported net outflows from institutional investors but had varying retail inflows [3]

副董事长、高级管理人员任命公告 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、副董事长、高级管理人员任命的基本情况 山东路斯宠物食品股份有限公司（以下简称"公司"）于 2025 年 10 月 10 日召开第 五届董事会第十八次会议，审议通过了《关于选举第五届董事会副董事长的议案》《关 于聘任郑明德先生为公司副总经理的议案》，表决情况：同意 9 票，反对 0 票，弃权 0 票。其中第二项议案已经公司第五届董事会提名委员会第二次会议审议通过，表决情况： 同意 3 票，反对 0 票，弃权 0 票。 选举李进文先生为公司副董事长，任职期限至第五届董事会任期届满之日止，自 2025 年 10 月 10 日起生效。该人员持有公司股份 448,000 股，占公司股本的 0.4337%， 不是失信联合惩戒对象。 聘任郑明德先生为公司分管后勤、安全、环保的副总经理，任职期限至第五届董事 会任期届满之日止，自 2025 年 10 月 10 日起生效。该人员持有公司股份 6,500 股，占 公司股本的 0.0063%，不 ...

山东路斯宠物食品股份有限公司（以下简称"公司"）于 2025 年 10 月 10 日召开了第五届董事会第十八次会议，审议通过了《关于补选第五届董事会薪 酬与考核委员会委员的议案》。现将具体情况公告如下： 公司原董事、副总经理郑保永先生因个人原因已辞去公司第五届董事会董 事、副总经理、薪酬与考核委员会委员职务。根据《公司章程》《董事会薪酬与 考核委员会工作细则》的相关规定，为保障薪酬与考核委员会正常运行，公司 董事会补选李进文先生为薪酬与考核委员会委员，与黄栋先生（主任委员）、赵 飞女士共同组成公司第五届董事会薪酬与考核委员会，任期自第五届董事会第 十八次会议审议通过之日起至第五届董事会任期届满之日止。 特此公告。 山东路斯宠物食品股份有限公司 证券代码：920419 证券简称：路斯股份 公告编号：2025-100 山东路斯宠物食品股份有限公司 关于补选第五届董事会薪酬与考核委员会委员的公告 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。 董事会 2025 年 10 月 13 日 ...