Market Overview - On August 4, the agricultural processing sector rose by 0.16% compared to the previous trading day, with *ST Zhongji leading the gains [1] - The Shanghai Composite Index closed at 3583.31, up 0.66%, while the Shenzhen Component Index closed at 11041.56, up 0.46% [1] Stock Performance - The following stocks in the agricultural processing sector showed notable performance: - *ST Zhongji (000972) closed at 3.35, up 4.04% with a trading volume of 177,800 shares and a turnover of 58.65 million yuan [1] - Xisheng Co. (603182) closed at 14.64, up 2.31% with a trading volume of 22,600 shares and a turnover of 32.88 million yuan [1] - Baolingbao (002286) closed at 10.73, up 2.09% with a trading volume of 104,200 shares [1] - Guotou Zhonglu (600962) closed at 19.37, up 2.05% with a trading volume of 75,300 shares [1] Capital Flow - The agricultural processing sector experienced a net outflow of 28.98 million yuan from institutional investors, while retail investors saw a net inflow of 45.13 million yuan [2] - The following stocks had significant capital flow: - Guotou Zhonglu (600962) had a net inflow of 13.02 million yuan from institutional investors [3] - *ST Zhongji (000972) had a net inflow of 12.50 million yuan from institutional investors [3] - San Si Si (600191) had a net inflow of 7.76 million yuan from institutional investors [3]

证券代码：600127 证券简称：金健米业 编号：临 2025-40 号 金健米业股份有限公司 关于股权托管委托方变更暨继续受托管理 控股股东部分股权资产的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 金健米业股份有限公司（以下简称"公司"）与公司间接控股股 东湖南农业发展投资集团有限责任公司（以下简称"湖南农业集团"）、 关联方湖南省现代农业产业控股集团有限公司（以下简称"现代农业 集团"）以及现代农业集团旗下全资子公司湖南省食用油控股集团有 限公司（以下简称"湖南省食用油集团"）于 2025 年 8 月 4 日签订 了《股权托管协议之补充协议》（以下简称"《补充协议》"），各 方同意将湖南省食用油集团 100%股权的委托方由现代农业集团变更 为湖南农业集团，其他约定不变。具体情况公告如下： 一、股权托管事项基本情况介绍 公司分别于 2024 年 6 月 28 日和 2024 年 7 月 15 日召开的第九届 董事会第二十二次会议和 2024 年第二次临时股东大会审议通过了 《关于公司受托管理间接控股股东及关联方部分 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 605198 | 安德利 | 51.81 | 8.98% | 6.15万 | | 3.07亿 | | 600191 | 一周边 | 7.72 | 0.65% | 6.09万 | 4666.43万 | | | 300138 | 晨光生物 | 13.14 | 0.00% | 7.59万 | 9999.93万 | | | 002852 | 道道全 | 12.13 | -0.16% | 21.77万 | | 2.63亿 | | 002286 | 保龄宝 | 10.53 | -0.57% | 8.74万 | 9238.66万 | | | 300175 | ST朗源 | 5.06 | -0.98% | 4.87万 | 2486.14万 | | | 600737 | 中粮糖业 | 9.79 | -1.51% | 18.32万 | | 1.80亿 | | 003030 | 祖名股份 | 19.07 | -1.55% | 1.88万 | 3620.6 ...

Group 1 - The dairy sector saw a rise of 1.84%, ranking third among concept sectors, with 28 stocks increasing in value, including Sunshine Dairy and Beingmate reaching their daily limit up [1] - Notable gainers included Knight Dairy, Qiaqia Food, and Western Pastoral, which rose by 9.28%, 4.55%, and 4.51% respectively [1] - The sector experienced a net inflow of 518 million yuan from main funds, with 20 stocks receiving net inflows, and 7 stocks exceeding 10 million yuan in net inflow [1] Group 2 - The top stocks by net inflow included Beingmate with 313 million yuan, followed by Sunshine Dairy, Yili, and Jinjian Rice, which received net inflows of 65.64 million yuan, 63.95 million yuan, and 23.44 million yuan respectively [1][2] - The net inflow ratios for Sunshine Dairy, Beingmate, and Jinjian Rice were 13.35%, 10.73%, and 7.50% respectively, indicating strong investor interest [2] - Other notable stocks included Western Pastoral and Qiaqia Food, which also showed positive performance with increases of 4.51% and 4.55% respectively [3]

Group 1 - A-share agricultural stocks experienced significant movement in the afternoon, with Honghui Fruits and Vegetables hitting the daily limit up [1] - Other companies such as Qiule Seed Industry, Jinjian Rice Industry, Feng'an Co., Top Cloud Agriculture, and Qianyin High-Tech also saw increases [1]

Group 1 - The board of directors of Jin Jian Rice Industry Co., Ltd. held its 42nd meeting on July 22, 2025, with all 7 directors present via communication [1][2] - The board approved a proposal regarding the subsidiary's execution of the grain rotation business, which involves selling 4,383 tons of early indica rice to the related party, Hunan Provincial Reserve Grain Management Co., Ltd. [1][2] - The transaction price for the rice sale will follow local government policies on reserve grain purchase prices, ensuring compliance and fairness in the decision-making process [1][2] Group 2 - The proposal was reviewed and unanimously agreed upon by all independent directors before being submitted to the board for approval [1][2] - The voting results for the proposal were 6 votes in favor, 0 against, and 0 abstentions, indicating strong support from the board [2]

Core Viewpoint - The announcement details a related party transaction involving the sale of 4,383 tons of early indica rice by the subsidiary of Jin Jian Rice Industry to Hunan Provincial Reserve Grain Management Company, which is a wholly-owned subsidiary of Hunan Agricultural Group [1][2][3] Summary by Sections 1. Overview of Related Party Transaction - Jin Jian Reserve Grain Company will sell 4,383 tons of early indica rice to Hunan Provincial Reserve Grain Company as part of the provincial reserve grain rotation business, with the transaction amount not exceeding RMB 11,658,780 [2][10] - This transaction is classified as a related party transaction but does not constitute a major asset restructuring as per relevant regulations [2][3] 2. Approval Process - The transaction was approved during the 42nd meeting of the 9th Board of Directors held on July 22, 2025, and does not require shareholder approval [3][13] 3. Previous Related Party Transactions - In the past 12 months, the company has engaged in three other related party transactions, including a packaging oil rotation agreement and an asset swap with other related parties, all of which were approved by the Board or shareholders [2][4][5] 4. Related Party Information - Hunan Provincial Reserve Grain Company, established on March 22, 2018, is a wholly-owned subsidiary of Hunan Agricultural Group, which is the indirect controlling shareholder of the company [5][8] - As of June 30, 2025, Hunan Provincial Reserve Grain Company reported total assets of RMB 394,490.94 million and total liabilities of RMB 334,804.74 million, with a net asset of RMB 59,686.20 million [9] 5. Transaction Details - The rice will be sold at a warehouse delivery price of RMB 2,660 per ton, with the delivery scheduled before October 31, 2025 [10][11] - The quality of the rice must meet national standards, and the subsidiary is responsible for any losses or damages if the quality does not meet the required standards [11][12] 6. Impact on the Company - The transaction is expected to enhance resource allocation efficiency and will be conducted at government-approved prices, ensuring no harm to the interests of the company or its shareholders [10][13]

证券代码：600127 证券简称：金健米业 编号：临 2025-39 号 金健米业股份有限公司 关于子公司执行湖南省储备粮早籼稻轮换业务 涉及关联交易的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 ●截至本次关联交易为止，过去 12 个月，除日常关联交易外，公司旗下子公司分别与 除湖南省储备粮公司之外的其他关联方就成品包装油轮换、资产置换、引入战略投资者等事 项发生了共计 3 次关联交易，前述事项均已分别经公司董事会或股东会审议通过后执行。 ●本议案属于董事会审议范畴，无需提交股东会审议。相关协议经公司第九届董事会第 四十二次会议审批通过后生效，提请广大投资者注意相关风险。 一、关联交易概述 （一）本次交易的基本情况 根据湖南省粮食和物资储备局、湖南省财政厅、中国农业发展银 行湖南省分行《关于下达 2025 年度省级储备粮油轮换计划的通知》 （湘粮调〔2025〕22 号）及相关文件精神，公司下属子公司金健储 备粮公司在执行湖南省储备粮轮换业务时，需将新收购轮入的 4,383 吨早籼稻销售给关联方湖南省储备粮公司，预计交 ...

证券代码：600127 证券简称：金健米业 编号：临 2025-38 号 金健米业股份有限公司 第九届董事会第四十二次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 根据湖南省粮食和物资储备局、湖南省财政厅、中国农业发展银 行湖南省分行《关于下达 2025 年度省级储备粮油轮换计划的通知》 （湘粮调〔2025〕22 号）及相关文件精神，公司下属子公司湖南金 健储备粮管理有限公司在执行湖南省储备粮轮换业务时，需将新收购 轮入的 4,383 吨早籼稻销售给关联方湖南省储备粮管理有限公司。具 体内容详见上海证券交易所网站（www.sse.com.cn）上公司编号为临 2025-39 号的公告。 公司第九届董事会独立董事 2025 年第五次专门会议对该议案进 行了事前审核，会议形成决议意见：1.公司全资子公司湖南金健储备 粮管理有限公司在执行湖南省储备粮轮换业务时，需将轮入的 4,383 1 吨早籼稻销售给关联方湖南省储备粮管理有限公司。前述关联交易价 格是按照地方政府部门对储备粮收购价格的相关政策执行的，同时承 担了国 ...

Core Insights - The edible oil industry in China is characterized by a complex supply chain that includes agricultural production, processing, packaging, and sales channels [1] - Major listed companies in the industry include Jinlongyu (300999.SZ), Shenliang Holdings (000019.SZ), and others, with Jinlongyu leading in revenue and market share [1][8] Industry Overview - The edible oil supply chain consists of upstream agricultural production, midstream processing companies, and downstream sales channels [1] - The industry has seen a decline in revenue across most listed companies in 2024, indicating increased competition and market pressure [8][15] Company Performance - Jinlongyu reported a revenue of 238.87 billion yuan in 2024, maintaining a leading position despite a decline of 10.37% in its feed raw materials and oil technology business [8][15] - Shenliang Holdings and Jinlongyu both experienced growth in net profit in Q1 2025, with increases of 42.97% and 11.24% respectively [9][10] - Other companies like Su Kuan Agricultural Development and Jingliang Holdings faced significant revenue declines in 2024 [10] Financial Metrics - As of May 27, 2025, Jinlongyu's total market capitalization reached 165.196 billion yuan, while other companies like Su Kuan Agricultural Development also exceeded 10 billion yuan [9][10] - The profit margins varied significantly among companies, with West King Food achieving a gross margin of 22.86%, while Jinlongyu and Shenliang Holdings reported margins below 3% [18] Business Strategies - Jinlongyu plans to expand into the health industry and enhance its product offerings through technological innovation [22][24] - Jingliang Holdings aims to strengthen its supply chain and marketing strategies to improve its trade business [22][24] - West King Food focuses on brand building and cost control to enhance competitiveness [22][24] Market Dynamics - The overseas revenue distribution among companies is uneven, with West King Food and others relying heavily on international markets, although some have seen declines in overseas sales [20][21] - The edible oil industry is facing challenges due to increased competition and market pressures, leading to varied performance among listed companies [15][18]