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农林牧渔行业2025年中期投资策略:关注养殖周期底部回升,看景气赛道成长性变化
Dongguan Securities· 2025-06-17 09:20
Group 1 - The SW Agricultural, Forestry, Animal Husbandry and Fishery industry rose by 5.02% from January to May 2025, outperforming the CSI 300 index by approximately 7.43 percentage points [13][14] - Most sub-sectors recorded positive returns, with only planting and fishery sectors showing negative returns of -1.58% and -0.07% respectively [14] - Approximately 70% of stocks in the industry achieved positive returns, with three stocks increasing over 100%, the highest being Yizhi Magic Yam at 209.66% [15] Group 2 - The overall PB of the SW Agricultural, Forestry, Animal Husbandry and Fishery industry increased from a low of 2.31 times at the beginning of the year to 2.68 times, with a current PB of approximately 2.66 times as of June 13, 2025, reflecting a 15% recovery from the low [20] - The pig breeding sector is expected to see a gradual recovery in supply, with the number of breeding sows reaching 40.38 million heads by the end of April 2025, slightly above the normal holding capacity [21][23] - The average price of pigs as of June 13, 2025, was 14.04 yuan/kg, down 10.8% from the beginning of the year and 26.1% year-on-year, with expectations for a price rebound in Q4 2025 [27] Group 3 - The total feed production in China is expected to rebound in 2025 after a decline in 2024, with a total production of 49.2 million tons in the first two months of 2025, a year-on-year increase of 9.6% [54] - The average price of corn in China rose from approximately 2,122 yuan/ton at the beginning of the year to over 2,400 yuan/ton, reflecting a 13.3% increase [56] - The pet health market is anticipated to grow rapidly, with significant expansion potential in the domestic market for pet food and supplies, benefiting quality domestic leaders [5][6]
普莱柯(603566) - 普莱柯关于获得新兽药注册证书的公告
2025-06-11 09:15
普莱柯生物工程股份有限公司 关于获得新兽药注册证书的公告 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法律责任。 根据《兽药管理条例》和《兽药注册办法》规定,经农业农村部审查,批准 普莱柯生物工程股份有限公司(以下简称"公司")与其他单位联合申报的"鸡 滑液囊支原体灭活疫苗(HN01 株)"为新兽药,并于 2025 年 6 月 10 日公示了 核发《新兽药注册证书》(中华人民共和国农业农村部公告第 917 号)事项。详 情如下: 一、新兽药的基本信息 新兽药名称:鸡滑液囊支原体灭活疫苗(HN01 株) 注册分类:三类 主要成分:含鸡滑液囊支原体 HN01 株,每毫升疫苗灭活前菌数 1× 10 9.0CCU。 证券代码:603566 证券简称:普莱柯 公告编号:2025-025 选用我国鸡群优势流行菌株,产品抗原含量高、免疫原性好,接种 30 天后即可 产生有效的免疫保护,可有效预防鸡滑液囊炎,提高养禽业的生产性能和经济效 益。 经查询国家兽药基础数据库信息,截至目前,国内仅有鸡滑液支原体灭活疫 苗(YBF-MS1 株)获批兽药产品批准 ...
普莱柯生物工程股份有限公司2024年年度权益分派实施公告
Core Points - The company announced a cash dividend of 0.40 yuan per share (including tax) for the fiscal year 2024 [1][3] - The profit distribution plan was approved at the annual general meeting held on May 16, 2025 [1][2] Distribution Plan - The dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date [2] - The total number of shares eligible for the dividend is 341,919,373 shares, after excluding 4,142,900 shares held in the company's repurchase account [3] Dividend Calculation - The cash dividend per share is calculated as follows: (Total eligible shares × Cash dividend per share) ÷ Total share capital = (341,919,373 shares × 0.40 yuan) = 136,767,749.20 yuan in total [3][4] - The reference price for ex-dividend trading is calculated based on the previous closing price minus the cash dividend [4] Implementation Method - Cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited Shanghai Branch to shareholders who have completed designated transactions [5] - For individual shareholders holding unrestricted circulating shares, the actual cash dividend after tax is 0.40 yuan per share, with specific tax implications based on holding periods [5][6] Taxation Details - For individual shareholders holding shares for more than one year, the dividend income is exempt from personal income tax [5] - For shares held for less than one year, the tax will be calculated upon the transfer of shares, with a potential effective tax rate of 10% for certain holding periods [6] - Qualified Foreign Institutional Investors (QFII) will have a 10% withholding tax applied, resulting in a net dividend of 0.36 yuan per share [6][7] Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's securities affairs department at the provided phone number [8]
普莱柯(603566) - 普莱柯2024年年度权益分派实施公告
2025-06-04 09:30
证券代码:603566 证券简称:普莱柯 公告编号:2025-024 普莱柯生物工程股份有限公司 2024年年度权益分派实施公告 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。 | 股份类别 | 股权登记日 | 最后交易日 | 除权(息)日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | A股 | 2025/6/10 | - | 2025/6/11 | 2025/6/11 | 差异化分红送转: 是 一、 通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 16 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后,在中国证券登记结算有限责任公司上海分 公司(以下简称"中国结算上海分公司")登记在册的本公司全体股东。 3. 差异化分红送转方案: (1)根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的有关规定, 上市公司回购专用账户中的股份,不享有利润分配的权利。根据公司 2024 年年度股东大会 决议, ...
普莱柯(603566) - 北京德恒律师事务所关于普莱柯生物工程股份有限公司差异化分红事项的法律意见
2025-06-04 09:16
北京德恒律师事务所 关于普莱柯生物工程股份有限公司 差异化分红事项的 法律意见 北京市西城区金融街 19 号富凯大厦 B 座 12 层 电话:010-52682888 传真:010-52682999 邮编:100033 北京德恒律师事务所 关于普莱柯生物工程股份有限公司 差异化分红事项的法律意见 北京德恒律师事务所 关于普莱柯生物工程股份有限公司 差异化分红事项的 法律意见 德恒 01G20240892-02 号 致:普莱柯生物工程股份有限公司 北京德恒律师事务所(以下简称"本所")接受普莱柯生物工程股份有限公 司(以下简称"普莱柯"或"公司")的委托,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》")、《上海证券交易所上市公司自律监管指引第 7 号—回购股份》等有 关法律法规、规范性文件和《普莱柯生物工程股份有限公司章程》(以下简称"《公 司章程》")的相关规定,按照律师行业公认的业务标准、道德规范和勤勉尽责 精神,就公司 2024 年度利润分配所涉及的差异化分红(以下简称"本次差异化 分红")相关事项出具本法律意见。 为出具本法律意见,本所律师查 ...
动保行业4月跟踪报告:4月圆环、伪狂、腹泻等疫苗批签发增速突出,大环内酯类原料药延续强势表现
Huachuang Securities· 2025-06-04 09:16
Investment Rating - The report maintains a "Recommendation" rating for the animal health industry, expecting it to outperform the benchmark index by over 5% in the next 3-6 months [79]. Core Insights - The report highlights significant growth in vaccine approvals for circular, pseudorabies, and diarrhea vaccines, with notable year-on-year increases [7][8]. - The animal drug raw material market shows a continued strong performance in macrolide products, with price indices reflecting a structural differentiation among various products [52][53]. - The overall demand for animal health products is expected to recover, driven by improved profitability in the breeding sector and the introduction of new products [68][69]. Summary by Sections Vaccine Approvals - In April, major vaccine varieties for pigs showed substantial year-on-year growth, with circular vaccine up by 71.2%, pseudorabies vaccine by 73.3%, and diarrhea vaccine by 220% [7][8]. - Cumulative data from January to April indicates most vaccine types experienced significant growth, particularly in pig vaccines, with circular vaccine up by 52.3% and pseudorabies vaccine by 48.2% [8][9]. Raw Material Prices - As of the end of April, the Veterinary Pharmaceutical Index (VPI) was 69.2, reflecting a 5.6% increase from the previous month and a 13.4% increase year-on-year [52][53]. - Prices for macrolide products such as Tylosin, Tylvalosin, and Tilmicosin have shown strong performance, with increases of 10.1%, 17.6%, and 15.4% respectively compared to the end of March [53][54]. Market Outlook - The report anticipates a stable upward trend in the demand for animal health products, supported by a robust breeding sector and ongoing product innovation [68][69]. - The competitive landscape is expected to lead to a dual recovery in performance and valuation for the sector, with a focus on larger companies that can leverage their financial strength and product diversity [69][70]. Investment Recommendations - The report suggests focusing on companies such as Reap Bio, Kexin Bio, and others, which are well-positioned to benefit from the anticipated market recovery [68][70].
农林牧渔行业周报第18期:夏粮收获三成,猪价震荡运行-20250603
HUAXI Securities· 2025-06-03 05:05
Investment Rating - Industry Rating: Recommended [3] Core Views - The planting industry is seeing significant progress with summer grain wheat harvest, reaching over 30% completion as of May 30, with favorable weather conditions expected to enhance soil moisture and facilitate mechanized sowing [10][11] - The commercialization of genetically modified crops is anticipated to accelerate, aiming to improve yield and self-sufficiency in key varieties, supported by government initiatives to protect new plant varieties [10] - In the pig farming sector, the average price of live pigs is showing a slight increase, with a current price of 14.39 CNY/kg, reflecting a week-on-week rise of 0.36% [11][60] - The supply of breeding sows has slightly decreased, with a total of 40.38 million heads reported, while slaughtering volumes have increased significantly year-on-year [11][60] Summary by Sections Planting Industry - As of May 30, 1.29 million acres of summer wheat have been harvested, with regions like Hubei and Sichuan completing their harvests [10] - The Ministry of Agriculture emphasizes the importance of mechanization to enhance yield and efficiency in sowing [10] - Recommended stocks include Beidahuang and Suqian Agricultural Development for planting, and leading seed companies like Longping High-Tech and Dabeinong for seed production [10] Pig Farming - The average price of external three-way cross pigs is 14.39 CNY/kg, with a slight increase from the previous week [11] - The number of breeding sows has decreased slightly, while slaughtering volumes have increased by 20% year-on-year [11] - Recommended stocks in the breeding sector include Dekang Agriculture, Jinke Smart Agriculture, and Muyuan Foods, with feed companies like Haida Group also highlighted [11] Key Agricultural Products Data Tracking - Corn: Current average price is 2378.15 CNY/ton, with a week-on-week increase of 0.15% [23] - Wheat: Current average price is 2457.51 CNY/ton, with a week-on-week decrease of 0.35% [26] - Soybeans: Current average price is 3927.89 CNY/ton, remaining stable [38] - Cotton: Current average price is 14480.00 CNY/ton, with a slight decrease of 0.14% [42] Feed and Vitamin Prices - The average price of pig feed is 2.71 CNY/kg, showing a week-on-week decrease of 0.73% [48] - Vitamin E is priced at 101.60 CNY/kg, with a decrease of 4.87% [48]
普莱柯: 普莱柯关于部分募集资金专户销户完成的公告
Zheng Quan Zhi Xing· 2025-05-22 12:26
Fundraising Overview - The company has been approved by the China Securities Regulatory Commission to issue no more than 64,299,200 new shares, of which 31,420,573 shares were actually issued at a price confirmed on September 5, 2022 [1] - The funds raised are managed in accordance with regulatory guidelines and the company's internal management system, with specific accounts opened at various banks for the purpose of fund storage and management [1][2] Fund Usage and Account Status - The company has established special accounts for the raised funds at several banks, including China Construction Bank and Minsheng Bank, for projects such as the production of inactivated vaccines and the expansion of biological product workshops [2] - As of the announcement date, the status of the fundraising accounts is active, with specific projects linked to each account [2] Project Completion and Fund Reallocation - The company has concluded certain fundraising projects, specifically the "inactivated vaccine production project" and the "product quality inspection workshop project," and has decided to permanently allocate the remaining funds to working capital [3] - Following the completion of these projects, the corresponding fundraising accounts will be closed, and the related storage agreements will be terminated [3]
普莱柯(603566) - 普莱柯关于部分募集资金专户销户完成的公告
2025-05-22 11:47
关于部分募集资金专户销户完成的公告 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法律责任。 一、募集资金基本情况 根据中国证券监督管理委员会《关于核准普莱柯生物工程股份有限公司非公 开发行股票的批复》(证监许可〔2022〕1251 号),普莱柯生物工程股份有限 公司(以下简称"公司")获核准非公开发行不超过 64,299,200 股新股。公司实 际向发行对象非公开发行人民币普通股(A 股)股票 31,420,573 股,发行价格 28.58 元 / 股 , 募 集 资 金 总 额 为 897,999,976.34 元 , 扣 除 不 含 税 发 行 费 用 12,179,453.12 元,募集资金净额为人民币 885,820,523.22 元。上述资金于 2022 年 9 月 5 日全部到位,已经立信会计师事务所(特殊普通合伙)审验,并出具信 会师报字〔2022〕第 ZA15752 号《验资报告》。 二、募集资金存放与管理情况 为规范募集资金的管理和使用,保护投资者合法权益,公司依照《上市公司 监管指引第 2 号——上市公司募集资金管 ...
动物疫苗概念上涨4.00%,6股主力资金净流入超千万元
Core Viewpoint - The animal vaccine sector has shown a significant increase, with a 4.00% rise, ranking third among concept sectors, driven by notable gains in several stocks [1][2]. Group 1: Sector Performance - As of May 20, the animal vaccine concept increased by 4.00%, with 19 stocks rising, including *ST Xianfeng, which hit the daily limit, and others like Kexing Pharmaceutical, Ruipu Biological, and Kanghua Biological, which rose by 15.56%, 8.41%, and 6.70% respectively [1][2]. - The animal vaccine sector was among the top-performing sectors, alongside cultivated diamonds and pet economy, which rose by 4.10% and 4.08% respectively [2]. Group 2: Capital Inflow - The animal vaccine sector saw a net inflow of 67 million yuan, with 13 stocks receiving net inflows, and 6 stocks attracting over 10 million yuan in net inflows [2]. - Jinhe Biological led the net inflow with 36.88 million yuan, followed by Kexing Pharmaceutical, Dabeinong, and Plk, which received net inflows of 15.38 million yuan, 13.79 million yuan, and 13.60 million yuan respectively [2][3]. Group 3: Capital Flow Ratios - Stocks such as *ST Xianfeng, Kexing Pharmaceutical, and KQ Biotech had the highest net inflow ratios, at 14.17%, 6.56%, and 5.52% respectively [3]. - The top stocks in terms of capital inflow included Jinhe Biological with a turnover rate of 18.22% and a daily increase of 4.40%, and Kexing Pharmaceutical with a turnover rate of 3.46% and a daily increase of 15.56% [3][4].