Market Overview - The feed sector increased by 0.29% on September 19, with Tianma Technology leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Key Performers in the Feed Sector - Tianma Technology (603668) closed at 15.20, up 4.83% with a trading volume of 321,600 shares and a turnover of 486 million yuan [1] - Jin Xin Nong (002548) closed at 5.22, up 4.19% with a trading volume of 1,024,900 shares and a turnover of 521 million yuan [1] - Tian Kang Biological (002100) closed at 7.68, up 1.86% with a trading volume of 563,400 shares and a turnover of 427 million yuan [1] Capital Flow Analysis - The feed sector experienced a net outflow of 80.65 million yuan from institutional investors, while retail investors saw a net inflow of 5.61 million yuan [2] - The main capital inflow was observed in Jin Xin Nong, with a net inflow of 55.77 million yuan from institutional investors [3] - Hai Da Group (002311) had a net inflow of 18.08 million yuan from institutional investors, indicating positive sentiment [3]

Group 1 - The core event involves He Feng Co., which executed a block trade of 1 million shares on September 17, with a transaction value of 7.81 million yuan, accounting for 13.35% of the total trading volume for that day [1] - The transaction price was 7.81 yuan per share, representing an 8.76% discount compared to the market closing price of 8.56 yuan [1]

Market Overview - The feed sector experienced a decline of 1.48% on September 17, with Bangji Technology leading the drop [1] - The Shanghai Composite Index closed at 3876.34, up 0.37%, while the Shenzhen Component Index closed at 13215.46, up 1.16% [1] Individual Stock Performance - Aonong Biological (603363) saw a closing price of 6.02, with an increase of 4.15% and a trading volume of 1.568 million shares, totaling a transaction value of 927 million yuan [1] - Guibao Pet (301498) closed at 96.05, up 2.60%, with a trading volume of 36,400 shares and a transaction value of 351 million yuan [1] - Zhongchong Co. (002891) closed at 56.39, up 1.46%, with a trading volume of 98,500 shares and a transaction value of 559 million yuan [1] - Bangji Technology (603151) closed at 28.21, down 8.32%, with a trading volume of 63,000 shares and a transaction value of 182 million yuan [2] - Haida Group (002311) closed at 64.40, down 3.01%, with a trading volume of 111,600 shares and a transaction value of 720 million yuan [2] Capital Flow Analysis - The feed sector saw a net outflow of 65.0615 million yuan from institutional investors, while retail investors experienced a net inflow of 24.4814 million yuan [2] - Aonong Biological had a net inflow of 29.917 million yuan from institutional investors, but a net outflow of 25.9353 million yuan from retail investors [3] - Zhongchong Co. had a net inflow of 27.7889 million yuan from institutional investors, with a net outflow of 27.0733 million yuan from retail investors [3]

Core Viewpoint - He Feng Co., Ltd. announced that convertible bondholders can choose to sell their "He Feng Convertible Bonds" at a price of 100.59 yuan per bond, including current interest, which may lead to potential losses for bondholders due to the market price being higher than the repurchase price [2] Summary by Relevant Sections - Convertible Bond Details - The repurchase price for the "He Feng Convertible Bonds" is set at 100.59 yuan per bond [2] - The announcement was made on the evening of September 16 [2] - Market Context - As of the last trading day before the announcement, the closing price of "He Feng Convertible Bonds" was higher than the repurchase price [2] - This situation indicates that bondholders choosing to sell may incur losses [2]

| 证券代码：603609 | 证券简称：禾丰股份 | 公告编号：2025-096 | | --- | --- | --- | | 债券代码：113647 | 债券简称：禾丰转债 | | 禾丰食品股份有限公司 关于"禾丰转债"可选择回售的第三次提示性公告 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： 若公司本次发行的可转换公司债券募集资金投资项目的实施情况与公司在募 集说明书中的承诺情况相比出现重大变化，根据中国证监会的相关规定被视作改 变募集资金用途或被中国证监会认定为改变募集资金用途的，可转换公司债券持 有人享有一次以面值加上当期应计利息的价格向公司回售其持有的部分或者全部 本次可转债的权利。在上述情形下，本次可转债持有人可以在公司公告后的回售 申报期内进行回售，该次回售申报期内不实施回售的，自动丧失该回售权。 当期应计利息的计算公式为：IA=B×i×t/365，其中： （一）附加回售条款 1 回售价格：100.59 元/张（含当期利息） 回售期：2025 年 9 月 12 日-2025 年 9 月 18 ...

Core Viewpoint - He Feng Co., Ltd. announced that shareholder Wang Fengjiu has completed the early release of share pledges, indicating a positive development in the company's shareholder structure [2] Summary by Relevant Sections - **Shareholder Actions** - Wang Fengjiu released 8,350,000 shares from pledge, which accounts for 19.90% of his total holdings and 0.92% of the company's total share capital [2] - **Current Pledge Status** - After this release, Wang Fengjiu has no pledged shares remaining in the company [2]

Market Overview - The feed sector increased by 2.52% on September 15, with Aonong Biological leading the gains [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Key Stocks Performance - Aonong Biological (603363) closed at 6.04, up 10.02% with a trading volume of 1.5461 million shares and a transaction value of 908 million yuan [1] - Tiankang Biological (002100) closed at 8.05, up 8.20% with a trading volume of 1.4636 million shares and a transaction value of 1.158 billion yuan [1] - Haida Group (002311) closed at 67.35, up 3.62% with a trading volume of 79,700 shares and a transaction value of 534 million yuan [1] - Other notable stocks include Quanjinong (002548) up 3.33%, Zhenghong Technology (000702) up 2.01%, and Tangrenshen (002567) up 1.80% [1] Capital Flow Analysis - The feed sector saw a net inflow of 116 million yuan from institutional investors, while retail investors experienced a net outflow of 47.8 million yuan [2] - Aonong Biological had a significant net inflow of 204 million yuan from institutional investors, representing 22.44% of its trading volume [3] - Tiankang Biological and Zhenghong Technology also saw net inflows from institutional investors, although retail investors showed net outflows [3]

| 证券代码：603609 | 证券简称：禾丰股份 | 公告编号：2025-095 | | --- | --- | --- | | 债券代码：113647 | 债券简称：禾丰转债 | | 禾丰食品股份有限公司 关于股东股份提前解除质押的公告 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。 重要内容提示: | | | | | | | | | 剩余被质 | 剩余被质 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | 本次解除质 | 占其所持 | 占公司总 | | 持股数量 | 持股 | 剩余被质押 | 押股份数 | 押股份数 | | | 名称 | 押股数 | 股份比例 | 股本比例 | 解质时间 | （股） | 比例 | 股份数量 | 量占其所 | 量占公司 | | | | | | | | | | （股） | 持股份 | 总股本 | | | | | | | | | | | 比例 | 比例 | | | 王凤久 | 8,350, ...

Market Overview - The feed sector experienced a decline of 0.53% on September 12, with Petty Holdings leading the drop [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Individual Stock Performance - Aonong Biological (603363) saw a significant increase of 4.01%, closing at 5.45, with a trading volume of 1.52 million shares and a turnover of 820 million yuan [1] - Jin Xin Nong (002548) rose by 3.64%, closing at 5.13, with a trading volume of 1.25 million shares and a turnover of 653 million yuan [1] - Petty Holdings (300673) declined by 2.52%, closing at 18.57, with a trading volume of 56,500 shares and a turnover of 106 million yuan [2] Capital Flow Analysis - The feed sector experienced a net outflow of 231 million yuan from institutional investors, while retail investors saw a net inflow of 140 million yuan [2] - Aonong Biological had a net outflow of 37.79 million yuan from institutional investors, while retail investors contributed a net inflow of 4.36 million yuan [3] - Jin Xin Nong had a net inflow of 11.78 million yuan from institutional investors, but a net outflow of 25.86 million yuan from retail investors [3]

Group 1 - The core point of the announcement is that the controlling shareholder of He Feng Food Co., Ltd. has reduced their shareholding, triggering a 1% threshold change in equity [3][4] - The controlling shareholder Jin Weidong and his concerted actors collectively reduced their shareholding from 32.40% to 31.74% after a block trade of 6,000,000 shares by concerted actor Wang Fengjiu on September 11, 2025 [3][4] - This equity change does not trigger a mandatory tender offer and will not result in a change of the controlling shareholder or actual controller of the company [3] Group 2 - He Feng Food Co., Ltd. has announced the second notice regarding the optional repurchase of "He Feng Convertible Bonds" [7] - The repurchase price is set at 100.59 yuan per bond (including accrued interest), and the repurchase period is from September 12 to September 18, 2025 [11][15] - The company will issue the repurchase funds on September 23, 2025, and during the repurchase period, the convertible bonds will stop being converted into shares [11][17] Group 3 - The announcement includes details on the calculation of accrued interest for the convertible bonds, which is based on the formula: IA = B × i × t / 365 [9] - The interest for the current period is calculated to be 0.59 yuan per bond, leading to the total repurchase price of 100.59 yuan per bond [10][16] - The company will disclose the results of the repurchase and its impact on the company after the repurchase period ends [18]