证券代码：600313 证券简称：农发种业 公告编号：临 2026-007 中农发种业集团股份有限公司 关于向特定对象发行股票结果暨股本变动公告 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。 重要内容提示： 发行数量：79,175,306 股 发行价格：5.14 元/股 预计上市时间：中农发种业集团股份有限公司（以下简称"公司"）向特 定对象发行股票（以下简称"本次发行"）对应的 79,175,306 股已于 2026 年 1 月 29 日在中国证券登记结算有限责任公司上海分公司办理完毕登记、托管及限 售手续。公司本次发行新增股份为有限售条件流通股，将于限售期届满的次一交 易日起在上海证券交易所（以下简称"上交所"）主板上市交易（预计上市时间 如遇法定节假日或休息日，则顺延至其后的第一个交易日）。 资产过户情况：本次发行的股票全部以现金认购，不涉及资产过户情况。 一、本次发行概况 （一）本次发行履行的相关程序 1、内部决策与审批程序 2025 年 8 月 15 日，公司召开的第七届董事会第五十次会议审议通过了本次 发行的相关 ...

Market Overview - The planting industry sector experienced a decline of 6.54% on February 2, with Zhuan Yin Gao Ke leading the drop [1] - The Shanghai Composite Index closed at 4015.75, down 2.48%, while the Shenzhen Component Index closed at 13824.35, down 2.69% [1] Individual Stock Performance - Notable gainers included: - Zhongxing Junye (002772) with a closing price of 17.10, up 4.20% and a trading volume of 329,000 shares, totaling 557 million yuan [1] - Yihai Zhongye (002041) closed at 11.64, up 3.10% with a trading volume of 1.2574 million shares, totaling 141.9 million yuan [1] - Significant decliners included: - Zhuan Yin Gao Ke (300087) closed at 8.76, down 15.93% with a trading volume of 939,300 shares, totaling 843 million yuan [2] - Bei Da Huang (600598) closed at 15.76, down 9.94% with a trading volume of 1.051 million shares, totaling 168.5 million yuan [2] Capital Flow Analysis - The planting industry sector saw a net outflow of 237 million yuan from main funds, while retail investors contributed a net inflow of 158 million yuan [2] - Key stocks with significant capital flow include: - Yihai Zhongye (002041) with a net inflow of 111 million yuan from main funds, but a net outflow of 1.15 million yuan from retail investors [3] - Nongfa Zhongye (600313) had a net inflow of 95.4 million yuan from main funds, but a net outflow of 77.5 million yuan from retail investors [3]

Market Overview - The Shanghai Composite Index fell by 0.96% to 4117.95 points, while the Shenzhen Component Index decreased by 0.66% to 14205.89 points. In contrast, the ChiNext Index rose by 1.27% to 3346.36 points [1] - A total of 2360 stocks rose and 2703 stocks fell in the Shanghai and Shenzhen markets, with a total transaction volume of 2.84 trillion yuan, a decrease of approximately 394.47 billion yuan compared to the previous day [1] Sector Performance - The telecommunications equipment sector saw a net inflow of 6.534 billion yuan, while the non-ferrous metals sector experienced the largest net outflow of 10.049 billion yuan [1] - The genetically modified sector led the gains with an increase of 4.19%, followed by the optical fiber concept sector at 3.94%. Conversely, the silver sector fell by 10%, and the precious metals sector decreased by 8.92% [1] Company Highlights - TBEA's market attention is attributed to its comprehensive advantages as a leading enterprise in the power equipment sector, with a strong performance and sufficient order reserves. The company is actively expanding into AI computing power and solid-state transformers [2] - Hongbaoli's market heat stems from its improved fundamentals and the overall performance of the chemical sector. The company's epoxy propylene project is set to significantly enhance capacity [2] - LEO's increased attention is due to its dual business layout in "smart pumps and systems" and "digital marketing," along with its expansion into AI applications and liquid cooling servers [3] - Tiandi Online is gaining market attention for its forward-looking layout in AI applications and virtual digital fields, despite adjustments in its acquisition plans [3] - Tongding Interconnection's popularity is driven by the rising prosperity of the optical communication industry and its comprehensive business layout [3] - BlueFocus is benefiting from the high prosperity of the AI marketing industry and multiple thematic catalysts, including collaborations with various platforms [4] - Tianqi's focus is on advancements in humanoid robots and lithium battery recycling, with significant progress in its joint projects [4] - The silver sector's market performance is bolstered by strong precious metal prices and the company's strategic business layout [5] - Agricultural Development Industry's attention is heightened by its profit forecast and multiple favorable factors, including a projected net profit increase of over 60% [5] - Hengtong Optic-Electric is gaining market interest due to the recovery of the optical communication industry and the company's technological breakthroughs [6]

Investment Rating - The industry investment rating is "Buy" [2] Core Insights - The seed industry is currently in a destocking phase, with significant losses reported. The total net profit of listed seed companies from 2021 to Q3 2025 was only positive in 2023, with a collective net profit nearing -1 billion yuan in Q3 2025. The inventory level is also high, exceeding 12 billion yuan, the highest since 2015. The corn seed production area has been declining, with a 10% year-on-year decrease expected in 2025, resulting in a production volume of 1.527 billion kilograms, also down by 10% year-on-year [7][13]. - Policy changes are encouraging breeding innovation, leading to a decrease in the number of approved corn varieties. The revised Plant Variety Protection Regulations published in April 2025 aim to strengthen variety rights protection and stimulate breeding innovation. In 2025, a total of 1,564 crop varieties were approved, with a notable reduction in corn varieties compared to 2024 [24][25]. - The number of high-quality, disease-resistant rice varieties is increasing, with the "three good varieties" (high yield, quality, and green) rising from 22 in 2022 to 53 in 2025. New rice varieties have shown significant yield improvements, with some varieties increasing yield by over 5% [39][40]. - The focus on corn is shifting towards improving planting density and yield levels. The average yield of newly approved corn varieties has surpassed 800 kilograms per mu, a 1.7% increase year-on-year, with some varieties in the Northwest ecological zone exceeding 1,000 kilograms per mu [54][56]. Summary by Sections 1. Seed Industry in Destocking Phase - The seed industry is experiencing a downturn, with significant losses and high inventory levels. The corn seed production area and yield are both declining [7][13]. 2. Policy Encouragement for Breeding Innovation - New regulations are promoting breeding innovation, resulting in fewer approved corn varieties while increasing the number of approved rice varieties [24][25]. 3. Rice: Increase in High-Quality Varieties - The number of high-quality rice varieties is on the rise, with significant improvements in yield and disease resistance [39][40]. 4. Corn: Emphasis on Planting Density and Yield - There is a growing emphasis on increasing planting density and yield levels in corn production, with new varieties showing improved yields [54][56]. 5. Investment Recommendations - The report suggests focusing on leading companies with research and development advantages, such as Longping High-Tech, Denghai Seeds, and Qianyuan High-Tech [7][54].

Investment Rating - Industry rating: "Overweight" [2] Core Insights - The report highlights a significant drop in pig prices by 6% to 12.21 CNY/kg, while the price of white feather chicken products has increased to 9,400 CNY/ton [3][4] - The report indicates that the pig farming sector has been profitable for three consecutive weeks, with a profit of 25.1 CNY per head [3] - The report recommends continued investment in the pig farming sector, particularly in companies like Muyuan Foods, Tiankang Biological, Wens Foodstuff, and Lihua Agricultural [3] Summary by Sections Pig Farming - The average weight of pigs at slaughter has decreased to 127.86 kg, with the proportion of heavy pigs (over 150 kg) at 5.78% [3] - The price of two-yuan sows remains stable at 1,559 CNY/head, while the price of piglets has increased by 3.3% week-on-week [3] - The report anticipates a new wave of price declines post-Chinese New Year due to expected capacity reduction in the pig industry [3] Chicken Farming - The price of white feather chicken products has risen to 9,400 CNY/ton, reflecting a week-on-week increase of 1.6% [4] - Yellow feather chicken farming has been profitable for over five months, with an average price of 14.95 CNY/kg [4] - The report notes a historical high in the number of breeding stock for white feather chickens, with a total of 157.42 million sets updated in December 2025 [4] Cattle Industry - As of the end of 2025, the cattle stock in China has decreased by 8.6%, with expectations for prices to rise in the first half of 2026 [8] - The report suggests that the decline in cattle stock is a precursor to rising beef prices, with historical data supporting this trend [8] Pet Food Market - The pet market in China is projected to grow by 4.1% in 2025, reaching a total market size of 312.6 billion CNY [7] - The pet food market share has increased to 53.7%, with significant growth in core brands [7]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The report highlights that the pig price is expected to face downward pressure after the Spring Festival due to limited inventory reduction and increased supply pressure [10][11] - The agricultural sector outperformed the market by 2.26 percentage points during the week of January 26 to January 30, 2026, with the agricultural index rising by 1.82% [5][16] - The report indicates that the demand for pork remains weak despite seasonal support, with the average price of live pigs at 12.24 yuan/kg, down 0.68 yuan/kg week-on-week [10][11] Summary by Sections Weekly Observation - The report notes a shift from withholding to active selling in pig breeding, but inventory reduction remains limited, leading to increased risk of price decline after the holiday [10][11] - The average weight of pigs sold has slightly decreased to 127.86 kg, indicating potential supply pressure on prices [10][11] Market Performance - The agricultural sector outperformed the broader market, with the Shanghai Composite Index down 0.44% while the agricultural index increased by 1.82% [5][16] - Notable stock performances include Nongfa Seed Industry (+30.24%), Shennong Technology (+26.06%), and Dunhuang Seed Industry (+16.13%) [5][21] Key News - The Ministry of Agriculture and Rural Affairs has initiated a nationwide inspection of the spring crop seed market, focusing on key crops such as corn, soybeans, and rice [4][24] - The Ministry of Finance has allocated 176.6 billion yuan for high-standard farmland construction in 2025, a 53% increase year-on-year [4][24] Price Tracking - As of January 30, 2026, the average price of live pigs was 12.30 yuan/kg, down 5.17% from the previous week, while the price of piglets rose to 25.04 yuan/kg, up 6.37% [26][30] - The average price of white feather chickens increased to 7.74 yuan/kg, up 3.20% week-on-week [32][30] - The average price of beef was reported at 66.03 yuan/kg, reflecting a 0.56% increase [39][30]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The report highlights that the pig price is expected to face downward pressure after the Spring Festival due to limited inventory reduction and increased supply [10][11] - The agricultural sector outperformed the market by 2.26 percentage points during the week of January 26 to January 30, 2026, with the agricultural index rising by 1.82% [5][16] - The report indicates that the demand for pork remains weak, with the average price of live pigs at 12.24 yuan/kg, down 0.68 yuan/kg week-on-week [10][11] Summary by Sections Weekly Observation - The report notes a shift from reluctance to sell to active sales in the pig breeding sector, but inventory reduction remains limited, leading to increased risk of price decline after the holiday [10][11] - The average weight of pigs sold has slightly decreased to 127.86 kg, indicating potential supply pressure on prices [10][11] Market Performance - The agricultural sector's performance was strong, with notable gains in seed stocks, including increases of 30.24% for Nongfa Seed Industry and 26.06% for Shennong Technology [5][16][21] Key News - The Ministry of Agriculture and Rural Affairs has initiated a nationwide inspection of the spring crop seed market to ensure quality and compliance [4][24] - The Ministry of Finance has allocated 176.6 billion yuan for high-standard farmland construction in 2025, a 53% increase year-on-year [4][24] Price Tracking - As of January 30, 2026, the average price of live pigs was 12.30 yuan/kg, down 5.17% from the previous week, while the price of piglets rose to 25.04 yuan/kg, up 6.37% [26][30] - The average price of white feathered chickens increased to 7.74 yuan/kg, reflecting a 3.20% rise week-on-week [32][40] - The average price of beef was reported at 66.03 yuan/kg, showing a slight increase of 0.56% [39][40]

证券代码：600313 证券简称：农发种业 公告编号：临 2026-005 中农发种业集团股份有限公司 股票交易异常波动公告 ● 经公司自查并向公司控股股东及实际控制人核实，截至本公告披露日， 除公司已披露事项外，不存在应披露而未披露的重大信息。 ● 公司股价短期波动幅度较大，请广大投资者注意二级市场交易风险，审 慎决策，理性投资。 一、股票交易异常波动的具体情况 公司股票于2026年1月28日、1月29日、1月30日连续三个交易日内收盘价格 涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》及有关规定，属于 股票交易异常波动情形。 二、公司关注并核实的相关情况 针对公司股票交易异常波动，公司对有关事项进行了核查，并书面征询了本 公司控股股东及实际控制人，现将有关情况说明如下： （一）生产经营情况 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。 重要内容提示： ● 公司股票于2026年1月28日、1月29日、1月30日连续三个交易日内收盘价 格涨幅偏离值累计达到20%，根据《上海证券交易所交易规则》及有关规定，属 于股票 ...

证券代码：600313 证券简称：农发种业 公告编号：临 2026-006 一、募集资金基本情况 经中国证券监督管理委员会《关于同意中农发种业集团股份有限公司向特定 对象发行股票注册的批复》（证监许可[2025]2966 号）同意，中农发种业集团 股份有限公司（以下简称"公司"）本次向特定对象发行人民币普通股 A 股 79,175,306 股，发行价格 5.14 元/股，募集资金总额为 406,961,072.84 元，扣 除 不 含 税 发 行 费 用 人 民 币 4,487,754.71 元 ， 募 集 资 金 净 额 为 人 民 币 402,473,318.13 元。北京大地泰华会计师事务所（特殊普通合伙）已对前述募 集资金的到位情况进行了审验，并出具了《验资报告》（大地泰华会验字 [2026]001-3 号）。 二、《募集资金专户存储三方监管协议》的签订情况和募集资金专户的开 立情况 为规范公司募集资金管理和使用，保护投资者合法权益，根据《上市公司募 集资金监管规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运 作》等相关规定，公司对募集资金的存放和使用进行专户管理。公司与招商银行 股份有 ...

中国农业发展集团有限公司 关于核实影响农发种业股票交易异常波动 有关事项的复函 关于核实影响农发种业股票交易异常波动 有关事项的复函 中农发种业集团股份有限公司: 贵司《关于核实影响农发种业股票交易异常波动有关事 项的函》收悉,根据贵司要求,我公司进行了核查。我公司 确认: 1. 截至目前,我公司不存在根据《上海证券交易所股票 上市规则》等有关规定,涉及农发种业的应披露而未披露的 重大信息,包括但不限于重大资产重组、股份发行、重大交 易类事项、业务重组、股份回购、股权激励、破产重整、重 大业务合作、引进战略投资者等重大事项。 2. 未在贵司上述股价异常波动期间买卖农发种业股票。 特此复函。 中农发种业集团股份有限公司: 贵司《关于核实影响农发种业股票交易异常波动有关事 项的函》收悉,根据贵司要求,我司进行了核查。我司确认: 1、截至目前,除贵司正在实施的向特定对象发行股票 事项外,我公司不存在根据《上海证券交易所股票上市规则》 等有关规定,涉及农发种业的应披露而未披露的重大信息, 包括但不限于重大资产重组、股份发行、重大交易类事项、 业务重组、股份回购、股权激励、破产重整、重大业务合作、 引进战略投资者等重大 ...