Core Insights - Dekang Agriculture and Animal Husbandry has established the "Hundred Villages, Million" training base in Yibin, Sichuan, as part of the national rural revitalization strategy, focusing on modern agricultural transformation [1][2] - The training base is the first specialized practical training platform for pig farming aimed at family farm owners, covering an area of approximately 50 acres and integrating talent cultivation, technology demonstration, and industry empowerment [1] - The company aims to reduce the complete cost of commodity pigs to approximately 11.80 yuan/kg by November 2025, driven by improved production efficiency and refined management practices [1] Group 1 - The training base emphasizes a three-in-one cultivation system of "theoretical teaching + practical training + operational guidance" with a focus on talent cultivation, technical demonstration, and industry empowerment [2] - Dekang Agriculture and Animal Husbandry plans to continue its deep engagement in modern agriculture and high-end food industries, promoting an integrated planting and breeding model through a "company + family farm" approach [2] - The initiative aims to create efficient, ecological smart breeding and industry poverty alleviation demonstration models, facilitating the organic integration of farmers with modern agricultural development [2]

Core Insights - Dekang Agriculture and Animal Husbandry has established the "Hundred Villages, Million" training base in Yibin, Sichuan, as part of its response to the national rural revitalization strategy and agricultural modernization [1][2] - The training base is the first specialized practical training platform focused on pig farming for family farm owners in China, covering an area of approximately 50 acres and integrating talent cultivation, technology demonstration, and industry empowerment [1] - The company aims to reduce the complete cost of commodity pigs to approximately 11.80 yuan/kg by November 2025, driven by improved production efficiency and refined management practices [1] Group 1 - The training base emphasizes a three-in-one cultivation system of "theoretical teaching + practical training + operational guidance" with a focus on talent cultivation, technical demonstration, and industry empowerment [2] - Dekang Agriculture and Animal Husbandry plans to deepen its involvement in modern agriculture and high-end food industries through an integrated planting and breeding model, promoting efficient and ecological smart farming [2] - The company aims to create exemplary models for industry poverty alleviation by combining family farms with modern agricultural development [2]

Summary of Key Points Core Viewpoint - A total of 30 companies conducted share buybacks on December 10, 2025, with Tencent Holdings (00700) leading in both the number of shares repurchased and the total amount spent on buybacks. Group 1: Companies with Significant Buybacks - Tencent Holdings (00700) repurchased 1.06 million shares for a total of 636 million, representing 0.961% of its total share capital [2] - Xiaomi Group-W (01810) repurchased 2.4 million shares for 101 million, accounting for 0.400% of its total share capital [2] - China Feihe (06186) repurchased 5.47 million shares for 22.94 million, which is 2.521% of its total share capital [2] Group 2: Other Notable Buybacks - Geely Automobile (00175) repurchased 1.54 million shares for 27.14 million, representing only 0.047% of its total share capital [2] - Kweichow Moutai (600519) repurchased 204,000 shares for 8.82 million, which is 0.180% of its total share capital [2] - Vitasoy International (00345) repurchased 404,000 shares for 2.67 million, accounting for 2.180% of its total share capital [2] Group 3: Companies with Lower Buyback Amounts - 康臣药业 (01681) repurchased 354,000 shares for 5.28 million, which is 15.048% of its total share capital [2] - 瑞声科技 (02018) repurchased 150,000 shares for 5.76 million, representing 0.492% of its total share capital [2] - 周黑鸭 (01458) repurchased 160,500 shares for 2.68 million, which is 1.407% of its total share capital [3]

格隆汇12月10日丨德康农牧(02419.HK)公告，12月10日耗资32.6万港元回购4700股，回购价格每股69.3- 69.4港元。 ...

德康农牧(02419)发布公告，于2025年12月10日，该公司斥资32.6万港元回购4700股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 四川德康農牧食品集團股份有限公司 呈交日期： 2025年12月10日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02419 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | 每股發行/出售價 (註4) | 已發行股份總數 | | | 事件 | 已發行股份（不包括庫存股份） ...

Core Viewpoint - Dekang Agriculture and Animal Husbandry (02419.HK) reported significant sales figures for pigs and chickens in November 2025, indicating a positive trend in revenue and pricing for their products [1] Group 1: Pig Sales - In November 2025, the company sold approximately 1.0658 million pigs, including 986,000 commercial pigs, generating sales revenue of about 1.592 billion RMB [1] - The average selling price for commercial pigs was 11.77 RMB per kilogram, reflecting a 1.99% increase compared to October 2025 [1] - For the eleven months ending November 30, 2025, the company sold approximately 9.7183 million pigs, with around 9.1957 million being commercial pigs, resulting in total sales revenue of approximately 17.524 billion RMB [1] Group 2: Chicken Sales - In November 2025, the company sold about 7.0413 million yellow-feathered broilers, with sales revenue reaching approximately 261 million RMB [1] - The average selling price for yellow-feathered broilers was 15.37 RMB per kilogram, which is a 2.26% increase from October 2025 [1] - For the eleven months ending November 30, 2025, the company sold around 81.5249 million yellow-feathered broilers, generating total sales revenue of approximately 2.607 billion RMB [1]

Group 1 - The core viewpoint of the article highlights the significant increase in the stock price of Decon Agricultural and Animal Husbandry (02419), which rose over 6% in early trading and is currently up 4.97% at HKD 73.15, with a trading volume of HKD 21.02 million [1] - In November, the company sold approximately 1.0658 million pigs, including 986,000 market pigs, generating sales revenue of about RMB 1.592 billion [1] - The company also sold around 7.0413 million yellow-feathered broilers, resulting in sales revenue of approximately RMB 261 million [1] Group 2 - Decon Agricultural and Animal Husbandry announced a share buyback on December 9, spending HKD 2.841 million to repurchase 39,800 shares [1] - Notably, the company has been actively repurchasing shares daily since November 18, with a total of 15 buybacks executed, amounting to 1.1456 million shares and a total expenditure of HKD 84.4867 million [1]

Core Viewpoint - Dekang Agriculture (02419) has shown a significant increase in stock price and has reported strong sales figures for November, indicating positive market performance and operational strength [1][5]. Sales Performance - In November, the company sold approximately 1.0658 million pigs, including 986,000 commercial pigs, generating sales revenue of about RMB 1.592 billion [1][5]. - The company also sold around 7.0413 million yellow-feathered chickens, with sales revenue of approximately RMB 261 million [1][5]. Share Buyback Activity - On December 9, the company spent HKD 2.841 million to repurchase 39,800 shares [1][5]. - Notably, the company has been actively repurchasing shares daily since November 18, except for November 24, with a total of 15 buyback transactions amounting to 1.1456 million shares and a total expenditure of HKD 84.4867 million [1][5].

（文章来源：每日经济新闻） 每经AI快讯，德康农牧(02419.HK)早盘一度涨超6%，截至发稿涨4.97%，报73.15港元，成交额2101.98 万港元。 ...