自2025年12月23日起，王秀玲女士(王女士)及吴咏珊女士(吴女士)已获委任为联席公司秘书。吴女士亦 获委任为授权代表及法律程序文件代理人，自2025年12月23日起生效。 董事会进一步宣布，周庆龄女士(周女士)已辞任本公司的联席公司秘书、香港联合交易所有限公司(香港 联交所)证券上市规则(上市规则)第3.05条项下本公司的授权代表(授权代表)及公司条例(香港法例第622 章)及上市规则第 19.05(2)条项下于香港接收法律程序文件及通知书的本公司的获授权代表(法律程序文 件代理人)，自2025年12月23日起生效。 智通财经APP讯，中粮家佳康(01610)发布公告，由于工作调动，自2025年12月23日起，金秋女士(金女 士)已辞任本公司联席公司秘书(联席公司秘书)。 ...

（於開曼群島註冊成立的有限公司） （股份代號：01610） 董事名單與其角色和職能 中糧家佳康食品有限公司董事會（「董事會」）成員載列如下： 1 董事會設有四個董事委員會。董事委員會的組成如下： 董事會主席兼執行董事 高翔博士 執行董事 張楠博士 非執行董事 王國新先生 吳浩軍先生 獨立非執行董事 傅廷美先生 李恆健先生 鞠建東博士 審核委員會 李恆健先生 （主席） 傅廷美先生 王國新先生 提名委員會 高翔博士 （主席） 傅廷美先生 鞠建東博士 張楠博士 李恆健先生 薪酬委員會 李恆健先生 （主席） 鞠建東博士 傅廷美先生 食品安全委員會 高翔博士 （主席） 張楠博士 王國新先生 中國北京，2025年12月23日 2 ...

自2025年12月23日起，王秀玲及吴咏珊获委任为联席公司秘书。吴亦获委任为授权代表及法律程序文件 代理人，自2025年12月23日起生效。 格隆汇12月23日丨中粮家佳康(01610.HK)公告，由于工作调动，自2025年12月23日起，金秋辞任公司联 席公司秘书。董事会进一步宣布，周庆龄辞任公司的联席公司秘书、香港联合交易所有限公司证券上市 规则第3.05条项下公司授权代表及公司条例(香港法例第622章)及上市规则第19.05(2)条项下于香港接收 法律程序文件及通知书公司获授权代表，自2025年12月23日起生效。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：01610） 非執行董事的變動及食品安全委員會組成的變動 董事會宣佈，自二零二五年十二月二十三日起： 非執行董事的辭任 中糧家佳康食品有限公司（「本公司」）董事會（「董事會」）宣佈，自二零二五年十 二月二十三日起，陳志剛先生（「陳先生」）因彼之其他業務承擔需要投入更多精力 和時間，已辭任本公司非執行董事，且不再擔任董事會食品安全委員會（「食品安 全委員會」）成員。陳先生已確認與董事會並無意見分歧，亦沒有就彼之辭任有關 的其他事宜需要知會本公司的股東。董事會謹此衷心感謝陳先生於其在任期間為 董事會及本公司作出的寶貴貢獻。 委任非執行董事 董事會欣然宣佈，自二零二五年十二月二十三日起，吳浩軍先生（「吳先生」）已獲 委任為本公司非執行董事。 1 (1) 陳志剛先生已辭任本公司非執行董事，且不再擔任食品安全委員會成員； (2) 吳浩軍先生已獲委任為本公司非執行董事； ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚 賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：01610） 有關股份獎勵計劃的進一步資料 聯席公司秘書、授權代表及法律程序文件代理人變更及豁免嚴格遵守上市規 則第3.28條及第8.17條 中糧家佳康食品有限公司（「本公司」）董事會（「董事會」）謹此宣佈，由於工作調 動，自二零二五年十二月二十三日起，金秋女士（「金女士」）已辭任本公司聯席公 司秘書（「聯席公司秘書」）。 董事會進一步宣佈，周慶齡女士（「周女士」）已辭任本公司的聯席公司秘書、香 港聯合交易所有限公司（「香港聯交所」）證券上市規則（「上市規則」）第3.05條項 下本公司之授權代表（「授權代表」）及公司條例（香港法例第622章）及上市規則第 19.05(2)條項下於香港接收法律程序文件及通知書之本公司之獲授權代表（「法律 程序文件代理人」），自二零二五年十二月二十三日起生效。 金女士及周女士已確認彼與董事會並無意見分歧，亦無任何有關其辭任的情況 ...

Investment Rating - The report maintains a positive outlook on leading agricultural companies, suggesting investment opportunities in the sector [5]. Core Insights - The agricultural sector has shown resilience, with the industry index outperforming the broader market by 0.4 percentage points during the week of December 8-12, 2025 [13]. - The report highlights significant growth in the pet food segment, with online sales increasing by 27.9% year-on-year during October and November 2025, driven by new consumer brands [34][36]. - The livestock industry is facing challenges, with a 5.5% decrease in the number of pigs marketed in November compared to the previous month, raising concerns about animal disease outbreaks [30]. Summary by Sections Industry Dynamics - The agricultural sector index increased by 0.3%, outperforming the market [13]. - Key stocks such as Zhengbang Technology, Biological Shares, and Luoniushan saw significant gains of 19%, 17%, and 14% respectively [18]. Livestock Industry - In November, the number of pigs marketed decreased by 5.5% month-on-month, with a year-on-year increase of 16.7% [30]. - Prices for live pigs increased by 2.1% week-on-week, while the average weight of marketed pigs decreased by 0.2% [30]. - The utilization rate of fattening barns in 17 provinces dropped by 6.5 percentage points [30]. Poultry Industry - Prices for chicken chicks and broilers increased by 1.4% and 0.8% respectively, amid ongoing global avian influenza outbreaks [37][38]. - The price of chicken products rose by 0.6%, driven by supply constraints and increased export orders [37]. Pet Food Industry - Online sales of pet food reached 8.45 billion yuan, with significant growth from brands like Maifudi and Fresh Lang, which saw increases of 36% and 112.6% respectively [34]. - Chewy reported a 30.9% increase in EBITDA, with active customer numbers growing by 4.9% [35]. Feed Industry - Feed raw material prices showed mixed trends, with soybean meal prices increasing by 1.5% while corn prices slightly decreased [41]. - The price of South American white shrimp increased by 4.3% week-on-week [41]. Animal Health - The veterinary drug price index decreased by 0.2%, with a year-on-year increase of 2.4% [43]. - Merck's imported pet antibiotics were launched on JD Health, marking a significant development in the pet healthcare sector [43].

Market Overview - The Hong Kong stock market opened high but experienced fluctuations, with the Hang Seng Index up 0.09% at 25,563.05 points, while the Tech Index fell 0.65% to 5,544.57 points [1] - Major tech stocks showed mixed performance, with Alibaba down 0.78%, Tencent down 0.08%, and JD.com down 0.44%, while Xiaomi rose 0.81% and Meituan increased by 0.8% [1] - Lithium battery stocks performed well, with CATL rising over 2%, while chip stocks weakened, with ZTE down over 9% [1] Company News - Sunny Optical Technology (02382.HK) reported November mobile lens shipments of approximately 119 million units, a month-on-month decrease of 2.3% but a year-on-year increase of 7.5% [2] - Q Technology (01478.HK) saw November mobile camera module sales of 38.05 million units, down 13.6% month-on-month and down 5.6% year-on-year [2] - Yuanyuan Group (00551.HK) reported a net operating income of approximately $660 million in November, a year-on-year decrease of 3.1% [2] - Baoshan International (03813.HK) reported a net operating income of 1.172 billion yuan in November, down 5.1% year-on-year [3] - Morning News Technology (02000.HK) reported unaudited revenue of 44.3 million HKD in November, up 48.4% month-on-month and 19.73% year-on-year [4] - Ocean Group (03377.HK) reported a cumulative contract sales amount of approximately 23.79 billion yuan for the first 11 months [5] - Jianye Real Estate (00832.HK) reported a total property contract sales amount of 7.168 billion yuan for the first 11 months, a year-on-year decrease of 16.3% [6] - Yuzhou Group (01628.HK) reported a cumulative sales amount of 6.196 billion yuan for the first 11 months [7] - COFCO Joycome (01610.HK) reported a pig slaughtering volume of 559,000 heads in November, a month-on-month decrease of 4.44% [8] - CSPC Pharmaceutical Group (01093.HK) received clinical trial approval in the U.S. for its fully human anti-ACTRIIA/IIB monoclonal antibody (JMT206) [9] - China Digital Technology (01796.HK) entered into a strategic cooperation agreement with Xinhua Pharmaceutical [10] - China Hongqiao (01378.HK) announced that the acquisition of Hongtu Industrial by Hongchuang Holdings was approved by the Shenzhen Stock Exchange's M&A Review Committee [11] - CICC (03908.HK) plans to issue perpetual subordinated bonds of no more than 3 billion yuan [12] Institutional Insights - Everbright Securities noted that compared to previous bull markets, the current index has significant upside potential, but the duration of the bull market may be more important than the magnitude of the increase [13] - Guosen Securities indicated that the recent adjustments in the Hong Kong market could open up space for a market rise in 2026, with over 110 billion yuan of net inflow from southbound funds in November [13] - CITIC Securities predicted a second round of valuation recovery for the Hong Kong market in 2026, emphasizing the need to focus on "earnings certainty + valuation elasticity" in sectors like technology, pharmaceuticals, resources, and essential consumption [13]

Major Events - JD Industrial (07618) received a subscription rate of 60.52 times for its public offering in Hong Kong, with a share price set at HKD 14.10 [1] - Shanghai Pharmaceuticals (02607) obtained approval for the listing application of Succinic Acid Sultamicillin Tablets (SPH3127) [1] - Fosun Pharma (02196) received approval from the National Medical Products Administration for the drug registration application of Sodium Phosphonate Injection [1] - Lingbao Gold (03330) subsidiary plans to invest AUD 370 million to acquire a 50%+1 share stake in St Barbara Mining Pty Ltd [1] - Jiangsu Ninghu Expressway (00177) intends to increase capital by CNY 3.26964 billion to Longtan Bridge Company [1] - Yunfeng Financial (00376) had Fitch maintain the "A-" (Strong) financial strength rating for Wantong Insurance [1] Operating Performance - Sunny Optical Technology (02382) reported a shipment volume of 12.634 million vehicle-mounted lenses in November, a year-on-year increase of 69.4% [1] - Q Technology (01478) saw mobile camera module sales of 38.053 million units in November, a month-on-month decrease of 13.6% and a year-on-year decrease of 5.6% [1] - Yue Yuen Industrial (00551) reported a cumulative operating profit of approximately USD 7.382 billion for the first 11 months, a year-on-year decrease of 1.6% [1] - Baoshan International (03813) reported a cumulative operating profit of CNY 15.784 billion for the first 11 months, a year-on-year decline of 6.8% [1] - COFCO Joycome (01610) reported a pig slaughter volume of 559,000 heads in November, a month-on-month decrease of 4.44% [1]

Group 1 - The core point of the article is that COFCO Joycome (01610.HK) reported its operational update for November 2025, highlighting significant sales figures in the pork industry [1] Group 2 - In November 2025, COFCO Joycome's pig output reached 559,000 heads [1] - The average selling price of commercial pigs was 11.44 RMB per kilogram [1] - Fresh pork sales amounted to 34,900 tons [1]

Group 1 - The core point of the article is that COFCO Joycome (01610) reported a decrease in live pig output and provided details on sales prices and revenue composition [1] Group 2 - The live pig output for November 2025 was 559,000 heads, representing a month-on-month decrease of 4.44% [1] - The average selling price of commercial pigs was 11.44 yuan per kilogram [1] - Fresh pork sales volume reached 34,900 tons, with brand revenue accounting for 32.44% of the fresh pork business [1]