Market Overview - The Shanghai Composite Index fell by 0.13% on July 9, with 17 out of the 28 sectors rising, led by Media and Agriculture, Forestry, Animal Husbandry, and Fishery, which increased by 1.35% and 0.65% respectively [2] - The sectors with the largest declines were Non-ferrous Metals and Basic Chemicals, which dropped by 2.26% and 0.85% respectively [2] Capital Flow Analysis - The main capital outflow from the two markets totaled 38.536 billion yuan, with only three sectors experiencing net inflows: Media (1.055 billion yuan), Retail (864 million yuan), and Construction Decoration (40.34 million yuan) [2] - The Electronic sector saw the largest net outflow, amounting to 7.789 billion yuan, followed by Non-ferrous Metals with 5.412 billion yuan [2] Agriculture, Forestry, Animal Husbandry, and Fishery Sector - The Agriculture, Forestry, Animal Husbandry, and Fishery sector rose by 0.65% despite a net capital outflow of 437 million yuan [3] - Out of 103 stocks in this sector, 40 stocks increased, with one hitting the daily limit, while 55 stocks declined [3] - The top three stocks with net inflows were Xinwufeng (31.4665 million yuan), Haida Group (28.3706 million yuan), and Juxing Agriculture (21.9941 million yuan) [3][4] Top Gainers and Losers in Agriculture, Forestry, Animal Husbandry, and Fishery - **Top Gainers**: - Xinwufeng: +0.65%, 4.20% turnover, 31.4665 million yuan inflow [4] - Juxing Agriculture: +0.76%, 4.49% turnover, 21.9941 million yuan inflow [4] - **Top Losers**: - Muyuan Foods: -3.27%, 1.81% turnover, 71.5922 million yuan outflow [5] - Guolian Aquatic Products: -1.76%, 8.74% turnover, 45.2607 million yuan outflow [5]

[Core Summary of Performance Forecast](index=1&type=section&id=%E9%87%8D%E8%A6%81%E5%86%85%E5%AE%B9%E6%8F%90%E7%A4%BA) The company expects significant profit growth in the first half of 2025, with net profit attributable to shareholders (NPAS) projected to increase by approximately **75.17%** year-on-year, and NPAS after deducting non-recurring gains and losses projected to increase by approximately **124.65%** year-on-year Key Indicators of 2025 Semi-Annual Performance Forecast | Indicator | 2025 Semi-Annual (Estimated) | Year-on-Year Growth | | :--- | :--- | :--- | | Net Profit Attributable to Shareholders (NPAS) | approximately 55 million CNY | approximately 75.17% | | NPAS After Non-Recurring Items | approximately 50 million CNY | approximately 124.65% | [Details of Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) For the period from January 1 to June 30, 2025, the company's finance department preliminarily estimates NPAS to be approximately 55 million CNY, and NPAS after non-recurring items to be approximately 50 million CNY, with this data remaining unaudited by a certified public accountant 2025 Semi-Annual Performance Forecast Compared to Prior Year | Indicator | 2025 Semi-Annual (Estimated) | Increase Compared to Prior Year | Growth Rate Compared to Prior Year | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders (NPAS) | approximately 55 million CNY | approximately 23.6017 million CNY | approximately 75.17% | | NPAS After Non-Recurring Items | approximately 50 million CNY | approximately 27.7427 million CNY | approximately 124.65% | - The financial data related to this performance forecast has not been audited by a certified public accountant[2](index=2&type=chunk) [Review of Prior Year's Performance](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E4%B8%9A%E7%BB%A9%E6%83%85%E5%86%B5) The company disclosed its 2024 semi-annual performance as a comparison benchmark, with NPAS of 31.3983 million CNY, NPAS after non-recurring items of 22.2573 million CNY, and earnings per share of 0.0595 CNY 2024 Semi-Annual Performance Data | Indicator (2024 Semi-Annual) | Amount | | :--- | :--- | | Net Profit Attributable to Shareholders (NPAS) | 31.3983 million CNY | | NPAS After Non-Recurring Items | 22.2573 million CNY | | Earnings Per Share | 0.0595 CNY | [Analysis of Performance Pre-Increase Reasons](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%A2%9E%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) The performance growth in this period is primarily attributed to two core factors: first, the company achieved significant sales growth of its advantageous proprietary seed varieties through adjusted sales strategies and precise marketing; second, the company strengthened internal expense control, effectively reducing cost expenditures, with these two aspects jointly promoting the increase in operating revenue and net profit - The core driving force comes from the sales side: the company adjusted and optimized its sales strategies, achieving significant sales growth of advantageous proprietary varieties through precise market positioning and effective promotional activities[4](index=4&type=chunk) - Cost-side synergy and efficiency: The company continuously strengthened expense control, reducing various cost expenditures[4](index=4&type=chunk) [Risk Warning and Other Notes](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company explicitly states that the performance forecast data released this time is a preliminary calculation result from the finance department, unaudited, and thus subject to uncertainty, with the final accurate financial data to be based on the company's officially disclosed 2025 semi-annual report, and investors are reminded to pay attention to relevant investment risks - This performance forecast data is a preliminary calculation, unaudited by a certified public accountant, and subject to uncertainty[5](index=5&type=chunk)[6](index=6&type=chunk) - The final accurate financial data will be based on the company's officially disclosed 2025 semi-annual report[6](index=6&type=chunk)

Core Viewpoint - Dunhuang Seed Industry (600354) expects a significant increase in net profit for the first half of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company anticipates a net profit attributable to shareholders of approximately 55 million yuan for the first half of 2025, which represents an increase of about 23.6 million yuan compared to the same period last year, reflecting a year-on-year growth of approximately 75.17% [1] - The expected net profit after deducting non-recurring gains and losses is around 50 million yuan, with an increase of about 27.7 million yuan compared to the previous year, indicating a year-on-year growth of approximately 124.65% [1]

Summary of Key Points Core Viewpoint - The announcement details the progress of the guarantee plan for the year 2025 by Gansu Dunhuang Seed Industry Group Co., Ltd, including the total guarantee amount and the status of guarantees provided to its subsidiaries [1][8]. Group 1: Guarantee Plan Overview - The company plans to provide guarantees or counter-guarantees for its wholly-owned and controlling subsidiaries, with a total guarantee amount not exceeding 120 million yuan for the year 2025 [2][8]. - As of June 18, 2025, the cumulative guarantee balance is 40 million yuan [1][8]. - The guarantees are primarily for working capital loans, with specific allocations of 60 million yuan for Jiuquan Dunhuang Seed Industry Baijia Food Co., Ltd, 50 million yuan for Guazhou Dunzhong Cotton Industry Co., Ltd, and 10 million yuan for Gansu Dunhuang Seed Industry Group Jinchang Jincunyuan Agricultural Technology Co., Ltd [2][4]. Group 2: Subsidiary Financials - Jiuquan Dunhuang Seed Industry Baijia Food Co., Ltd has total assets of 123.76 million yuan, total liabilities of 116.92 million yuan, and a net asset of 6.85 million yuan, with a debt-to-asset ratio of 94.47% as of December 31, 2024 [4][7]. - Gansu Dunhuang Seed Industry Group Jinchang Jincunyuan Agricultural Technology Co., Ltd has total assets of 58.18 million yuan, total liabilities of 81.81 million yuan, and a negative net asset of 2.30 million yuan, indicating a high debt-to-asset ratio [4][7]. Group 3: Guarantee Contracts - The guarantees are structured to ensure that the subsidiaries can maintain normal operations, with the risks being manageable and not detrimental to the company or minority shareholders [7][8]. - The guarantees are authorized by the shareholders' meeting and are within the approved limit, with no overdue guarantees reported [8].

证券代码：600354 证券简称：敦煌种业 编号：临 2025-017 甘肃省敦煌种业集团股份有限公司 关于 2025 年度担保计划范围内担保进展的公告 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个别及连带责任。 重要内容提示: 被担保人：甘肃省敦煌种业集团股份有限公司（以下简称"公 司"）控股子公司酒泉敦煌种业百佳食品有限公司、甘肃省敦煌种业 集团金昌金从玉农业科技有限公司 本期担保实际发生的担保总额及累计担保余额：经公司2024年年 度股东大会审议通过，公司2025年度拟为相关全资子公司、控股子公 司提供授信担保或反担保总额不高于12,000万元。截至2025年6月18 日，公司累计担保余额为4,000万元。 本次是否有反担保：有 对外担保逾期的累计数量：无 2 一、 公司 2025 年度担保审批情况 2025 年 3 月 20 日，公司第九届董事会第三次会议审议通过了《关 于审批公司 2025 年度担保额度并授权董事长在担保额度内签署相关 法律文书的议案》，根据公司 2025 年度筹融资计划，公司为相关全资 子公司、控股子公司 ...

Group 1 - The supply and marketing cooperative concept index declined by 0.53%, ranking among the top declines in concept sectors as of May 29 [1] - Within the supply and marketing cooperative sector, companies such as Zhongnong United, Gongxiao Daji, and Huilong Co. experienced significant declines, while New Power Financial, Wanrun Co., and Zhejiang Agricultural Co. saw increases of 2.71%, 1.90%, and 1.33% respectively [1] - The supply and marketing cooperative sector experienced a net outflow of 448 million yuan in main funds today, with Gongxiao Daji leading the outflow at 300 million yuan [2] Group 2 - The top gainers in the supply and marketing cooperative sector included New Power Financial with a 2.71% increase and Tianhe Co. with a 0.89% increase, while Gongxiao Daji saw a 3.13% decrease [3] - The main funds net inflow leaders were Dunhuang Seed Industry, Tianhe Co., and New Power Financial, with net inflows of 6.14 million yuan, 5.14 million yuan, and 3.60 million yuan respectively [3] - The supply and marketing cooperative sector's outflow list included Gongxiao Daji, Huilong Co., and Hunan Development, with outflows of 300 million yuan, 127.5 million yuan, and 2.03 million yuan respectively [2]

Core Insights - Dunhuang Seed Industry Group has demonstrated robust operational capabilities and clear strategic direction amidst a challenging market environment, achieving significant revenue and profit growth in 2024 and Q1 2025 [2] Industry Overview - The corn seed market in 2024 is characterized by a significant oversupply, with a supply-demand ratio of 175% for hybrid corn seeds in 2025, leading to intensified market competition [2] - Most companies in the industry are facing high inventory levels and risks of unsold seeds due to the overall market pressure [2] Company Performance - In 2024, the company reported a revenue of 1.156 billion yuan and a net profit of 49.8764 million yuan, marking a year-on-year increase of 22.26% [2] - For Q1 2025, the company achieved a revenue of 595 million yuan, up 34.15%, and a net profit of 63.88 million yuan, reflecting a 61.85% increase year-on-year [2] Growth Drivers - The company's growth is primarily driven by a dual-industry synergy of "seeds + food," leveraging strong market competitiveness of its proprietary seed varieties and enhancing production efficiency [3] - The company has implemented comprehensive technical measures in seed production, resulting in a significant increase in corn seed yield per mu, effectively lowering production costs [3] Innovation and R&D - Innovation is identified as the primary driving force for the company's development, with a focus on research and development as a core competitive advantage [3] - The company has established a commercial breeding system covering major corn-producing areas in China and has built a standardized germplasm resource bank with 98,500 samples [3] - In 2024, the company introduced 190 excellent germplasm resources and selected 15 stable inbred lines, with 13 new hybrid corn varieties passing national and provincial approvals [3][4] Future Plans - The company plans to enhance its research and breeding investments, accelerate the application of biobreeding technologies, and optimize its market expansion strategies [4] - There will be a focus on improving the sales of products such as tomato paste and dehydrated vegetables, while expanding both domestic and international market shares [5]

证券代码:600354 证券简称：敦煌种业 编号：2025-临016 会议召开方式：上证路演中心网络互动 投资者可于2025年5月13日(星期二)至5月19日(星期一)16:00前登 录上证路演中心网站首页点击"提问预征集"栏目或公司邮箱 dhzyyj@163.com进行提问。公司将在说明会上对投资者普遍关注 的问题进行回答。 甘肃省敦煌种业集团股份有限公司（以下简称"公司"）已于2025 年3月22日披露了公司2024年年度报告，于2025年4月30日披露了公司 2025年第一季度报告，为便于广大投资者更加全面深入地了解公司的经 营成果、财务状况，公司计划于2025年5月20日上午10:00-11:00举行 2024年度暨2025年第一季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对2024年度和 2025年第一季度经营成果及财务指标的具体情况与投资者进行互动交流 和沟通，在信息披露允许的范围内就投资者普遍关注的问题进行回答。 甘肃省敦煌种业集团股份有限公司 关于召开2024年度暨2025年第一季度 业绩说明会的公告 本公司董事会及全体董事保证本公 ...

证券代码：600354 证券简称：敦煌种业 公告编号：2025-临015 甘肃省敦煌种业集团股份有限公司2024年年度股东大会决议公告 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。 重要内容提示： (五)公司董事、监事和董事会秘书的出席情况 1、公司在任董事9人，现场加通讯方式出席9人； ● 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东大会召开的时间：2025年5月9日 ■ (二)股东大会召开的地点：甘肃省酒泉市肃州区肃州路28号公司六楼会议室 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 本次会议由公司董事会召集，副董事长、总经理王栋先生主持。会议采用现场记名投票和网络投票相结 合的方式，本次会议的召集、召开和表决方式符合《公司法》及《公司章程》的有关规定。 (一)非累积投票议案 1、议案名称：2024年度董事会工作报告。 审议结果：通过 表决情况： ■ 2、议案名称：2024年度监事会工作报告。 审议结果：通 ...

甘肃省敦煌种业集团股份有限公司 证券代码：600354 证券简称：敦煌种业 公告编号：2025-临 015 2024年年度股东大会决议公告 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。 重要内容提示： 本次会议是否有否决议案：无 (五)公司董事、监事和董事会秘书的出席情况 一、 会议召开和出席情况 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 443 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 154,208,258 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 29.22% | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议由公司董事会召集，副董事长、总经理王栋先生主持。会议采用现 场记名投票和网络投票相结合的方式，本次会议的召集、召开和表决方式符合《公 司法》及《公司章程》的有关规定。 (一) 股东大会召开的时间：2025 年 5 ...