Group 1 - The stock price of Juxing Agriculture and Animal Husbandry on August 13 was 20.90 yuan, down 0.38% from the previous trading day [1] - The trading volume on that day was 151,866 hands, with a transaction amount of 316 million yuan [1] - Juxing Agriculture and Animal Husbandry is a key agricultural industry leader in Sichuan Province, primarily engaged in pig breeding and feed production, covering various segments including breeding, commodity pig farming, and feed processing [1] Group 2 - A temporary shareholders' meeting is scheduled for August 14 at 15:00 to discuss two proposals: increasing the guaranteed objects and adjusting the guarantee amount, and extending the validity period of the 2023 targeted issuance resolution [1] - On August 13, the net outflow of main funds for Juxing Agriculture and Animal Husbandry was 36.83 million yuan, accounting for 0.35% of the circulating market value [1] - Over the past five trading days, the cumulative net outflow reached 32.09 million yuan [1]

通过天眼查大数据分析，乐山巨星农牧股份有限公司共对外投资了30家企业，参与招投标项目10次，知 识产权方面有商标信息20条，此外企业还拥有行政许可60个。 金融界消息 截至2025年8月13日收盘，巨星农牧（603477）报收于20.9元，下跌0.38%，换手率2.98%， 成交量15.19万手，成交金额3.16亿元。 资金流向方面，今日主力资金净流出3683.26万元，占比成交额11.65%。其中，超大单净流出2582.96万 元、占成交额8.17%，大单净流出1100.30万元、占成交额3.48%，中单净流出流入823.95万元、占成交 额2.61%，小单净流入2859.31万元、占成交额9.04%。 巨星农牧最新一期业绩显示，截至2025一季报，公司营业总收入16.45亿元、同比增长73.45%，归属净 利润1.30亿元，同比增长193.91%，扣非净利润1.32亿元，同比增长217.81%，流动比率0.814、速动比率 0.209、资产负债率62.88%。 天眼查商业履历信息显示，乐山巨星农牧股份有限公司，成立于2013年，位于乐山市，是一家以从事科 技推广和应用服务业为主的企业。企业注册资本5061 ...

Group 1 - The poultry concept sector declined by 0.44% as of the market close on August 13, ranking among the top declines in concept sectors, with notable declines in companies such as Xiaoming Co., Minhe Foods, and Chunxue Foods [1][2] - Among the poultry concept stocks, five companies saw price increases, with Jinlongyu, Yike Foods, and Shuanghui Development leading the gains at 2.64%, 1.28%, and 1.21% respectively [1][2] - The poultry concept sector experienced a net outflow of 221 million yuan from major funds today, with 19 stocks seeing net outflows, and nine stocks with outflows exceeding 10 million yuan [2][3] Group 2 - The stock with the highest net outflow was Tangrenshen, with a net outflow of 36.32 million yuan, followed by Juxing Agriculture, Wens Foodstuffs, and Tianma Technology with net outflows of 34.18 million yuan, 30.05 million yuan, and 23.45 million yuan respectively [2][3] - The stocks with the highest net inflows included Jinlongyu, Yike Foods, and Luoniushan, with net inflows of 33.41 million yuan, 6.70 million yuan, and 2.66 million yuan respectively [2][3] - The poultry concept sector's outflow list included companies like Tangrenshen, Juxing Agriculture, and Wens Foodstuffs, with respective declines of 0.61%, 0.38%, and 0.29% [2][3]

Investment Rating - The report maintains an investment rating of "Buy-A" for Haida Group and "Buy-B" for Shengnong Development, Wen's Shares, and others [7]. Core Insights - The report suggests focusing on the recovery cycle of feed and the marginal improvement in breeding [1]. - The pig price has decreased week-on-week, with average prices in key provinces showing a decline [3]. - The feed industry is expected to see a bottoming out and recovery due to the decline in upstream raw material prices and improvements in the downstream breeding sector [3]. - The report highlights the potential growth of Haida Group's overseas feed business as a new performance growth point [3]. Industry Performance - For the week of August 4 to August 10, the CSI 300 index rose by 1.23%, while the agriculture sector increased by 2.52%, ranking 10th among sectors [2][24]. - The top-performing sub-industries included broiler chicken breeding, fruit and vegetable processing, and pig breeding [2][24]. Pig Breeding Sector - As of August 8, the average price of external three-way cross pigs in Sichuan, Guangdong, and Henan was 13.30, 15.39, and 13.83 yuan/kg, respectively, reflecting a week-on-week decline of 2.92%, 4.05%, and 3.82% [3][33]. - The average pork price was 20.41 yuan/kg, down 0.92% from the previous week [3][33]. - The self-breeding profit was 45.13 yuan/head, while the profit from purchasing piglets was -134.14 yuan/head [3][33]. Poultry Sector - As of August 8, the weekly price of white feather broiler chickens was 7.14 yuan/kg, up 4.54% week-on-week [3][47]. - The price of broiler chicks was 3.13 yuan/chick, reflecting a week-on-week increase of 21.79% [3][47]. - The profit from chicken breeding was 0.62 yuan/chick, while egg prices fell by 6.94% to 6.70 yuan/kg [3][47]. Feed Processing Sector - In June 2025, the total industrial feed production in China was 27.67 million tons, a month-on-month decrease of 0.1% but a year-on-year increase of 6.6% [54]. - The production of compound feed, concentrated feed, and additive premix feed saw year-on-year growth of 6.6%, 3.4%, and 8.7%, respectively [54]. Recommendations - The report recommends stocks such as Wen's Shares, Shengnong Group, Juxing Agriculture, Tangrenshen, and New Hope in the pig breeding sector due to expected profitability recovery starting from Q2 2024 [4]. - It also highlights the potential of domestic pet food brands like Guibao Pet and Zhongchong Shares, which are expected to perform well in the upcoming years [5].

Core Viewpoint - The company, Juxing Agriculture and Animal Husbandry, is experiencing positive stock performance and significant projected profit growth, indicating strong potential in the agricultural sector [1]. Financial Performance - On August 11, the company's stock closed at 21.20 yuan, up 0.28% from the previous trading day, with a trading volume of 298 million yuan [1]. - The stock reached a high of 21.37 yuan and a low of 21.01 yuan during the day, with a volatility of 1.70% [1]. - The company expects to achieve a net profit of 180 million yuan in the first half of 2025, representing a year-on-year growth of 501.40% [1]. Shareholder Activity - In the last five trading days, significant shareholders have increased their holdings by 1.3221 million shares, with a total investment of 27.7967 million yuan [1]. Capital Flow - On August 11, there was a net outflow of 11.4829 million yuan in main funds, but over the last five trading days, there has been an overall net inflow of 34.0725 million yuan [1].

Group 1 - A total of 99 stocks in the Shanghai and Shenzhen markets have received net buying from main funds for 5 consecutive days or more as of August 8 [1] - The stocks with the longest consecutive net buying days are Laofengxiang, Beijiajie, Qingsong Jianhua, and Hu塑股份, each with 13 consecutive trading days of net buying [1] - Other notable stocks with significant net buying days include Tengda Construction, Juxing Agriculture, Shouyao Holdings, Haiyou New Materials, Haier Smart Home, ST Qibu, Bangji Technology, and Weichuang Electric, with 11, 11, 10, 9, 9, 9, 8, and 8 trading days of net buying respectively [1]

（文章来源：证券时报网） 据iFind统计，截至8月7日，沪深两市共有101只个股连续5日或5日以上获主力资金净买入。连续获主力 资金净买入天数最多的股票是倍加洁、青松建化、老凤祥、华塑股份，均已连续12个交易日获净买入； 连续获主力资金净买入天数较多的还有中南传媒、巨星农牧、信达地产、大秦铁路、腾达建设、海思 科、首药控股、ST起步等股，分别获11个、10个、10个、10个、10个、9个、9个、8个交易日净买入。 ...

Group 1: Sales Performance - In July 2025, the company sold 324,100 pigs, generating sales revenue of 563 million yuan, with 319,100 being market pigs and 4,900 being piglets [1] - From January to July 2025, the company reported sales data for its pig farming business, although specific figures were not disclosed in the provided text [1] Group 2: Shareholding Increase - The controlling shareholder, Sichuan Juxing Enterprise Group, plans to increase its stake in the company by at least 50 million yuan over a 12-month period starting from August 13, 2024 [6] - As of August 7, 2025, the controlling shareholder has cumulatively acquired 2,791,408 shares, representing 0.547% of the total share capital, with a total investment of approximately 53.09 million yuan [7] - The increase in shareholding will not lead to a change in the controlling shareholder or actual controller of the company [9]

Group 1: Company Performance - SMIC reported Q2 revenue of $2.21 billion, a 16% year-over-year increase, but a 1.7% decrease quarter-over-quarter [1] - China Mobile achieved a net profit of 84.2 billion yuan in the first half of 2025, a 5% year-over-year increase, with a mid-term dividend of 2.75 HKD per share, up 5.8% [2] - Huahong Semiconductor's Q2 revenue was $566.1 million, an 18.3% year-over-year increase, with Q3 revenue guidance of $620 million to $640 million [3] Group 2: Business Operations and Developments - Chuangzhong Technology clarified that it does not engage in the production of liquid-cooled servers, only participating in testing platforms, with no revenue generated from this segment in H1 2025 [4] - Shuo Beid announced it has sent samples of liquid-cooled server plates to Taiwanese clients, but the ability to pass testing and achieve mass production remains uncertain [5] - Furi Electronics stated that its subsidiary provides JDM/OEM services for service robots, but this revenue accounts for less than 1% of the company's total revenue [6] Group 3: Industry Trends and Market Movements - Sales of new energy vehicles by Seres reached 44,581 units in July, reflecting a 5.7% year-over-year increase [7] - Longyuan Power completed a power generation of 6,328.76 MWh in July, marking a 2.44% year-over-year growth [8] - Jianglong Shipbuilding won a bid for the "Blue Granary" marine economic development project, indicating ongoing infrastructure investments [8]

Core Viewpoint - The sales reports for July from various listed pig farming companies indicate a general decline in sales volume compared to June, while prices remain at historically low levels [1][2][8]. Sales Performance Summary - Giant Star Agriculture reported sales of 324,100 pigs in July 2025, a year-on-year increase of 44.67%, but a decrease in sales volume and revenue compared to June [4]. - Kemin Foods' subsidiary sold 41,900 pigs in July, with a month-on-month decline of 28.78% but a year-on-year increase of 73.88%. Revenue decreased by 38.92% month-on-month but increased by 6.08% year-on-year [4]. - New Hope sold 1,302,500 pigs in July, with a slight month-on-month decrease of 2.06% and a year-on-year increase of 3.21%. Revenue fell by 3.67% month-on-month and 24.62% year-on-year [5]. - Muyuan Foods reported sales of 6,355,000 pigs in July, a year-on-year increase of 13.02%, but a decrease in sales volume and revenue compared to June [6]. - Wens Foodstuff Group sold 3,164,800 pigs in July, with a year-on-year increase in sales but a decrease in revenue compared to June [6]. Price Trends Summary - The overall market price for live pigs remains low, with the price on August 7, 2025, at 14.34 yuan/kg, slightly up from 14.22 yuan/kg at the end of July 2025, but down from 15.98 yuan/kg at the end of 2024 [9]. - The wholesale price of pork on August 7, 2025, was 20.45 yuan/kg, showing a slight decrease from 20.50 yuan/kg at the end of July 2025 [9]. - The domestic pig futures market has seen some strengthening, with the main contract price reaching 14,100 yuan/ton as of August 7, 2025, compared to less than 13,000 yuan/ton in late May [9].