Investment Rating - The industry investment rating is "Positive" (maintained) [5] Core Viewpoints - The report emphasizes a recovery in the food and beverage industry, focusing on upstream opportunities. It suggests that the consumption power, which has been constrained by debt cycles, is expected to improve significantly by the second half of 2026, leading to a recovery in traditional consumption [8] - The report identifies three main investment lines: 1. Agricultural processing, including sugar processing, juice processing, and livestock 2. Food raw material suppliers, focusing on bio-extraction and sugar substitutes 3. Food packaging, which is expected to benefit from cost increases and improved competitive dynamics [3][8] Summary by Relevant Sections Investment Suggestions and Targets - Focus on upstream sectors with three main lines: 1. Agricultural processing: - Sugar processing: Recommend COFCO Sugar (600737, Buy), related stock Crown Agricultural (600251, Not Rated) - Juice processing: Related stocks Andeli (605198, Not Rated), Andeli Juice (02218, Not Rated) - Livestock: Recommend Youran Dairy (09858, Buy), related stock Modern Farming (01117, Not Rated) 2. Food raw material suppliers: - Bio-extraction: Recommend Angel Yeast (600298, Buy), Bairun (002568, Buy), related stocks Chenguang Biotech (300138, Not Rated), Huabao International (00336, Not Rated), and Fujian Sunner Development (00546, Not Rated) - Sugar substitutes: Related stocks Bolinbao (002286, Not Rated), Sanyuan Bio (301206, Not Rated), and Bailong Chuangyuan (605016, Not Rated) 3. Food packaging: Related stock Aorui Jin (002701, Not Rated) [3]

每经AI快讯，有投资者在投资者互动平台提问：董秘你好！了解到贵公司的国外收入是大包装番茄酱 出口到欧洲、东南亚、日韩、中东等国家和地区，请问出口到欧洲是否包含欧盟国家？ （记者 张明双） 中粮糖业（600737.SH）2月11日在投资者互动平台表示，公司番茄制品产品获得SMETA等国际权威认 证，包括可持续农业认证及欧盟有机认证，出口欧洲国家包括意大利、波兰、罗马尼亚、英国、德国 等。 ...

奶酪、咖啡、葡萄酒、皮具产品……琳琅满目的进口商品在北京商业新地标湾里形成了特色风景线。2月4日，"共享大市场·出口中国"2026年首场活动暨北 京国际精品荟启动活动举行，泰国、墨西哥、巴西、马里、格鲁吉亚、伊朗、马来西亚等多国企业携特色好物亮相，全球优质商品成为中国消费者的新选 择。以此为缩影，中国大市场成为全球共享大市场，中国新发展成为全球新机遇。 全球交易 主动作为 举办"共享大市场·出口中国"系列活动，是中国扩大自主开放、推动全球开放合作的主动作为，是从贸易伙伴角度出发、打造"国字号"活动品牌的创新之 举，是致力于让中国大市场成为全球共享大市场、让中国新发展成为全球新机遇的务实举措。2026年，商务部将围绕"共享大市场·出口中国"系列活动，多 渠道、多形式举办超百场系列活动，邀请英国、哈萨克斯坦、肯尼亚、泰国等国家担任"出口中国"2026年度主题国，支持全球更多优质商品和服务出口到中 国，进入中国千家万户。 除了现有的外资深耕中国市场外，依旧有越来越多的外国品牌将目光放在了中国。"接下来，英国将助力本土中小企业对华出口"，英国驻华大使魏磊Peter Wilson坦言，中小企业缺乏系统开拓中国市场的资源 ...

中粮集团董事长李国强日前在中粮集团2026年工作会议上介绍，2025年，中粮集团持续提升农粮产业 链、供应链韧性和安全水平。截至年底，集团全球农粮加工能力、物流中转能力分别超1亿吨、8000万 吨；全球农产品经营量达1.8亿吨。（新华社） ...

Market Overview - The agricultural processing sector experienced a decline of 4.74% on February 2, with Guangnong Sugar 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 - Guangnong Sugar (000911) closed at 7.33, down 9.95% with a trading volume of 70,100 shares and a turnover of 51.38 million yuan [1] - Jingliang Holdings (000505) closed at 7.03, down 9.76% with a trading volume of 440,800 shares and a turnover of 312 million yuan [1] - Tianye Co. (920023) closed at 4.52, down 7.76% with a trading volume of 300,600 shares and a turnover of 138 million yuan [1] - Other notable declines include Andeli (605198) down 6.64%, COFCO Technology (000930) down 6.38%, and COFCO Sugar (600737) down 5.47% [1] Capital Flow Analysis - The agricultural processing sector saw a net outflow of 311 million yuan from institutional investors, while retail investors had a net inflow of 251 million yuan [1] - The table of capital flow indicates that retail investors were more active, with significant inflows despite the overall sector decline [1] Detailed Capital Flow for Selected Stocks - ST Zhongji (000972) had a net inflow of 930,300 yuan from institutional investors, while retail investors had a net outflow of 125,280 yuan [2] - Morning Light Bio (300138) saw a net inflow of 35,340 yuan from institutional investors, but a significant outflow of 849,840 yuan from retail investors [2] - Andeli (605198) experienced a net outflow of 376,320 yuan from institutional investors, while retail investors had a net inflow of 648,990 yuan [2]

证券之星消息，1月30日农产品加工板块较上一交易日上涨0.88%，田野股份领涨。当日上证指数报收于 4117.95，下跌0.96%。深证成指报收于14205.89，下跌0.66%。农产品加工板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 920023 | 田野股份 | 4.90 | 3.16% | 46.70万 | 2.32亿 | | 000505 | 京粮控股 | 7.79 | 2.77% | 58.91万 | 4.60亿 | | 600191 | 三四四 | 13.86 | 2.36% | 17.82万 | 2.43亿 | | 603231 | 索宝蛋白 | 19.92 | 2.26% | 5.16万 | 1.02亿 | | 300268 | *ST佳沃 | 12.33 | 2.24% | 1.65万 | 2005.61万 | | 002852 | 道道全 | 11.68 | 2.19% | 15.00万 | 1.75亿 | | 000911 | 广农糖业 | 8.14 ...

Core Viewpoint - The agricultural processing sector experienced a rise of 1.95% on January 29, with Andeli leading the gains, while the overall market showed mixed results with the Shanghai Composite Index up by 0.16% and the Shenzhen Component Index down by 0.3% [1]. Group 1: Stock Performance - Andeli (605198) closed at 46.30, up by 3.81% with a trading volume of 32,700 shares and a transaction value of 149 million yuan [1]. - Jinlongyu (666000E) closed at 30.61, up by 3.48% with a trading volume of 251,100 shares and a transaction value of 758 million yuan [1]. - Yishimo (920273) closed at 34.05, up by 3.40% with a trading volume of 31,600 shares and a transaction value of 10.6 million yuan [1]. - Zhongliang Sugar Industry (600737) closed at 17.39, up by 3.14% with a trading volume of 538,500 shares and a transaction value of 930 million yuan [1]. - Tianye Co., Ltd. (920023) closed at 4.75, up by 3.04% with a trading volume of 167,500 shares and a transaction value of 7.82 million yuan [1]. Group 2: Capital Flow - The agricultural processing sector saw a net inflow of 124 million yuan from institutional investors, while retail investors experienced a net outflow of 198 million yuan [2]. - Major stocks like Guannong Co. (600251) had a net inflow of 43.80 million yuan from institutional investors, while it faced a net outflow of 54.80 million yuan from retail investors [3]. - Zhongliang Technology (000930) recorded a net inflow of 29.17 million yuan from institutional investors, with a net outflow of 34.88 million yuan from retail investors [3].

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000972 | *ST中基 | 3.92 | -3.21% | 16.65万 | 6562.86万 | | 600737 | 中粮糖业 | 17.08 | -3.06% | 40.52万 | 6.92亿 | | 920273 | 一致魔手 | 33.13 | -3.04% | ● 1.80万 | 6044.85万 | | 920023 | 田野股份 | 4.63 | -2.73% | 14.95万 | 6971.81万 | | 300268 | *ST佳沃 | 12.98 | -1.74% | 1.27万 | 1651.33万 | | 000505 | 京粮控股 | 7.40 | -1.20% | 16.67万 | 1.23亿 | | 920371 | 欧福蛋业 | 10.94 | -1.17% | 4.28万 | 4671.13万 | | 600962 | 国投中鲁 | 24.00 | -0.79% | 8.60万 | 2.09亿 | | 60 ...

Market Overview - The agricultural processing sector increased by 0.85% on January 23, with Huazi Industrial leading the gains [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Stock Performance - Huazi Industrial (600191) closed at 13.77, up 5.60% with a trading volume of 220,000 shares and a turnover of 304 million yuan [1] - Guanyi Co. (600251) closed at 10.64, up 4.62% with a trading volume of 196,600 shares and a turnover of 205 million yuan [1] - Other notable performers include: - Guotou Zhonglu (600962) at 24.19, up 2.07% [1] - Zhongliang Sugar Industry (600737) at 17.62, up 1.56% [1] - Jingliang Holdings (000505) at 7.49, up 1.35% [1] Fund Flow Analysis - The agricultural processing sector experienced a net outflow of 90.7981 million yuan from institutional investors and 81.4544 million yuan from speculative funds, while retail investors saw a net inflow of 172 million yuan [2] - Key stocks with significant fund flows include: - Guanyi Co. (600251) with a net outflow of 22.9738 million yuan from institutional investors [3] - Huazi Industrial (600191) with a net inflow of 13.5975 million yuan from institutional investors [3] - Baolingbao (002286) with a net inflow of 9.7206 million yuan from institutional investors [3]

Group 1 - The agricultural processing sector increased by 0.97% on January 21, with COFCO Technology leading the gains [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] - COFCO Technology's stock price rose by 4.75% to 6.40, with a trading volume of 862,600 shares and a transaction value of 552 million yuan [1] Group 2 - The agricultural processing sector saw a net inflow of 90.25 million yuan from main funds, while retail funds experienced a net outflow of 74.61 million yuan [2] - The stock of COFCO Technology had a main fund net outflow of 54.28 million yuan, with retail investors also withdrawing 59.19 million yuan [3] - COFCO Sugar's stock had a main fund net inflow of 28.50 million yuan, while retail funds saw a slight outflow of 1.58 million yuan [3]