一、 会议召开和出席情况 2025年第一次临时股东大会决议公告 | 1、出席会议的股东和代理人人数 | 489 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 279,703,888 | | 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（%） | 57.3460 | (一) 股东大会召开的时间：2025 年 8 月 14 日 (二) 股东大会召开的地点：四川省成都市高新区名都路 166 号嘉煜金融科技中心 1 栋 26、27 楼会议室 (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： | 证券代码：603477 | 证券简称：巨星农牧 公告编号：2025-075 | | --- | --- | | 债券代码：113648 | 债券简称：巨星转债 | 本次会议是否有否决议案：无 乐山巨星农牧股份有限公司 (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 ...

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于乐山巨星农牧股份有限公司 2025 年第一次临时股东大会的法律意见书 国枫律股字[2025]A0389 号 致：乐山巨星农牧股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司 2025 年第一次临时股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称 "《股东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证券法律 业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简称"《证券法 律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《乐山巨星农牧股份 有限公司章程》（以下简称"《公司章程》"）的规定，就本次会议的召集与召开程序、 召集人资格、出席会议人员资格、会议表决程序及表决结果等事宜，出具本法 ...

经营范围含许可项目：牲畜饲养；种畜禽经营；种畜禽生产；饲料生产；饲料添加剂生产；生猪屠宰； 动物无害化处理。（依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以相关 部门批准文件或许可证件为准）饲料添加剂销售；畜禽委托饲养管理服务；技术服务、技术开发、技术 咨询、技术交流、技术转让、技术推广；畜禽粪污处理利用；牲畜销售；食用农产品初加工；肥料销 售。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动） 天眼查显示，近日，无棣巨星农牧有限公司成立，法定代表人为任建明，注册资本500万人民币，由乐 山巨星农牧股份有限公司全资持股。 序号股东名称持股比例1乐山巨星农牧股份有限公司100% 企业名称无棣巨星农牧有限公司法定代表人任建明注册资本500万人民币国标行业制造业>农副食品加 工业>其他农副食品加工地址山东省滨州市无棣县柳堡镇瞿阝苏家村059号企业类型有限责任公司（非 自然人投资或控股的法人独资）营业期限2025-8-13至无固定期限登记机关滨州市无棣县市场监督管理 局 来源：金融界 ...

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]

Core Insights - As of August 7, a total of 101 stocks in the Shanghai and Shenzhen markets have experienced net buying from major funds for five consecutive days or more [1] - The stocks with the longest streak of net buying are Beijiajie, Qingsong Jianhua, Laofengxiang, and Hu塑股份, each having received net buying for 12 consecutive trading days [1] - Other notable stocks with significant net buying days include Zhongnan Chuanmei, Juxing Nongmu, Xinda Real Estate, Daqin Railway, Tengda Construction, Haishi Ke, Shouyao Holdings, and ST Qibu, with net buying for 11, 10, 10, 10, 10, 9, 9, and 8 trading days respectively [1]