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 第 2 頁 共 7 頁 v 1.3.0 公司名稱： 四川德康農牧食品集團股份有限公司 呈交日期： 2026年1月20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 | | | | | | | | | | 事件 | 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) ...

Core Viewpoint - The report from GF Securities indicates a significant increase in the total output of market pigs by listed companies in 2025, with a year-on-year growth of 25% to 111.53 million heads, and a 30% increase to 90.39 million heads when excluding Muyuan Foods [1][3]. Group 1: Market Output - In December 2025, the total output of market pigs from listed companies reached 19.05 million heads, reflecting a month-on-month increase of 7.1% and a year-on-year increase of 11.3% [2]. - The output of market pigs from listed companies, excluding Muyuan Foods, was 12.07 million heads in December, with a month-on-month growth of 8.0% and a year-on-year growth of 35.7% [2][3]. - Major companies such as Muyuan Foods, Wens Foodstuff Group, New Hope Liuhe, and Dekang Agriculture showed varying month-on-month growth rates in December, with increases of 5.7%, 4.8%, 15.4%, and 4.1% respectively [3]. Group 2: Piglet Sales and Prices - The overall sales volume of piglets from listed companies saw a significant increase in 2025, with a notable rise in the proportion of piglet sales [2][4]. - The price of 7 kg piglets has rebounded to 307 RMB per head, attributed to the upcoming replenishment season and positive market sentiment regarding pig prices in the second half of 2026 [1][5]. - The average selling price of pigs in December was estimated at 11.53 RMB per kilogram, showing a month-on-month decline of 1.4% [4]. Group 3: Company Performance - In 2025, major companies reported the following cumulative outputs: Muyuan Foods at 77.98 million heads (+19%), Wens Foodstuff Group at 40.48 million heads (+34%), New Hope Liuhe at 17.55 million heads (+6%), and Dekang Agriculture at 10.83 million heads (+23%) [3]. - Smaller companies like Tangrenshen, Tiankang Biological, Shennong Group, and Juxing Agriculture also reported varying outputs, with Tangrenshen showing a year-on-year increase of 23% [3]. Group 4: Industry Outlook - The industry is currently facing cumulative losses, which may lead to continued reduction in pig production capacity [1][5]. - The breeding sow inventory decreased by 0.22% month-on-month in December, indicating potential challenges in production [5].

智通财经APP讯，德康农牧(02419)发布公告，于2026年1月19日斥资96.09万港元回购1.45万股。 ...

德康农牧(02419)发布公告，于2026年1月19日斥资96.09万港元回购1.45万股。 ...

格隆汇1月19日丨德康农牧(02419.HK)公告，1月19日耗资96万港元回购1.45万股。 ...

FF305 第 1 頁 共 7 頁 v 1.3.0 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： 2026年1月19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 | | | | | 事件 | 已發行股份（不包括庫存 ...

Group 1 - The core point of the article is that Dekang Agriculture and Animal Husbandry has conducted share buybacks, indicating a strategy to support its stock price amid market fluctuations [1] - On January 16, the company repurchased 134,000 shares at a price range of HKD 64.600 to HKD 65.150, totaling HKD 8.6955 million [1] - The stock closed at HKD 65.600 on the same day, reflecting a decline of 5.95% with a total trading volume of HKD 175 million [1] Group 2 - Year-to-date, the company has completed three buybacks, accumulating a total of 150,400 shares and a total expenditure of HKD 9.8173 million [1] - The details of the buybacks include the highest and lowest prices for each transaction, with the most recent buyback occurring on January 16 [1] - Previous buybacks included 11,000 shares on January 6 at a maximum price of HKD 68.950 and 5,400 shares on January 5 at a maximum price of HKD 69.200 [1]

Core Viewpoint - Dekang Agriculture (02419) announced a share buyback plan, intending to repurchase approximately 134,000 shares at a cost of about 8.6955 million yuan on January 16, 2026 [1] Group 1 - The company plans to execute the buyback to enhance shareholder value and potentially stabilize the stock price [1] - The total number of shares to be repurchased is 134,000, indicating a strategic move to manage the company's equity [1] - The total expenditure for the buyback is approximately 8.6955 million yuan, reflecting the company's commitment to returning capital to shareholders [1]

Group 1 - The company, Dekang Agriculture (02419), announced a share buyback plan, intending to repurchase approximately 134,000 shares at a cost of about 8.6955 million yuan [1]

Group 1 - The company, Dekang Agriculture (02419.HK), announced a share buyback on January 16, spending HKD 8.695 million to repurchase 134,000 shares [1]