| 证券代码：603609 | 证券简称：禾丰股份 | 公告编号：2023-047 | | --- | --- | --- | | 债券代码：113647 | 债券简称：禾丰转债 | | 禾丰食品股份有限公司 关于调整 2023 年度日常关联交易预计的公告 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： ●日常关联交易对上市公司的影响：本次调整日常关联交易预计是基于公司 正常生产经营需要，交易定价以市场价格为定价依据，不影响公司的独立性，不 存在损害公司及股东利益的情况，不会对关联方形成依赖。 ●该事项无需提交股东大会审议。 禾丰食品股份有限公司（以下简称"公司"）于 2023 年 8 月 14 日召开第七 届董事会第十七次会议，以 7 票同意，0 票反对，0 票弃权，审议通过了《关于 调整 2023 年度日常关联交易预计的议案》。关联董事金卫东、邱嘉辉在对本议案 进行表决时予以回避，由非关联董事进行表决。独立董事就该事项发表了事前认 可及独立意见。该事项无需提交股东大会审议。 （二）预计日常关联交易类别和金额 ...

| 证券代码：603609 | 证券简称：禾丰股份 | 公告编号：2023-043 | | --- | --- | --- | | 债券代码：113647 | 债券简称：禾丰转债 | | 禾丰食品股份有限公司 关于控股股东股票质押延期购回的公告 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: 公司控股股东金卫东先生持有公司股份数量为 149,549,498 股，占公司总 股本比例为 16.27%；累计质押股份数量为 12,030,000 股，占其所持股份比例为 8.04%，占公司总股本比例为 1.31%。 近日，禾丰食品股份有限公司（以下简称"公司"）收到控股股东金卫东先生 关于股票质押式回购业务延期购回的通知，获悉其将质押给广发证券股份有限公司 的 12,030,000 股公司股票办理了延期购回的手续，具体事项如下： | | | | 是 | 是 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

[Main Financial Data](index=1&type=section&id=I.%20Main%20Financial%20Data) In Q1 2023, the company's operating revenue grew 23.05% to RMB 7.844 billion, with net profit attributable to shareholders turning profitable at RMB 19.43 million, driven by poultry and hog business improvements and asset disposal gains, despite negative core business profitability and cash outflow [Key Accounting Data and Financial Indicators](index=1&type=section&id=Key%20Accounting%20Data%20and%20Financial%20Indicators) During the reporting period, the company achieved a 23.05% year-on-year increase in operating revenue, with net profit attributable to shareholders turning from loss to profit, though operating cash flow remained negative and total assets slightly decreased from year-end Q1 2023 Key Financial Indicators | Indicator | Current Reporting Period | Year-on-Year Change (%) | | :--- | :--- | :--- | | Operating Revenue (RMB) | 7,843,617,840.18 | 23.05 | | Net Profit Attributable to Shareholders (RMB) | 19,434,574.57 | N/A (Turned Profitable) | | Net Profit Attributable to Shareholders Excluding Non-Recurring Items (RMB) | -30,439,130.62 | N/A | | Net Cash Flow from Operating Activities (RMB) | -288,366,567.32 | N/A | | Basic Earnings Per Share (RMB/share) | 0.02 | N/A (Turned Profitable) | | Weighted Average Return on Net Assets (%) | 0.27 | Increased by 2.27 percentage points | | **Indicator** | **As of End of Current Reporting Period** | **Change from End of Prior Year (%)** | | Total Assets (RMB) | 15,021,859,133.78 | -2.41 | | Total Equity Attributable to Shareholders (RMB) | 7,259,232,944.88 | 0.31 | [6](index=6&type=chunk)[7](index=7&type=chunk) [Non-Recurring Gains and Losses Items and Amounts](index=2&type=section&id=Non-Recurring%20Gains%20and%20Losses%20Items%20and%20Amounts) Total non-recurring gains and losses for the quarter amounted to RMB 49.87 million, a key factor in achieving positive net profit attributable to shareholders, with non-current asset disposal gains contributing RMB 38.70 million and government subsidies approximately RMB 28.00 million Q1 2023 Non-Recurring Gains and Losses Items | Item | Amount (RMB) | | :--- | :--- | | Gains/Losses from Disposal of Non-Current Assets | 38,704,740.06 | | Government Subsidies Included in Current Profit/Loss | 27,994,456.02 | | Net Other Non-Operating Income and Expenses | -5,919,569.32 | | Gains/Losses from Fair Value Changes and Investment Income | -1,027,020.00 | | **Total** | **49,873,705.19** | [8](index=8&type=chunk) [Analysis of Changes in Key Financial Indicators](index=2&type=section&id=Analysis%20of%20Changes%20in%20Key%20Financial%20Indicators) The company's net profit and EPS and other profitability indicators significantly improved year-on-year, turning losses into profits, primarily due to increased profits from poultry and hog businesses and non-recurring gains from asset disposals - **Net profit attributable to shareholders**, **net profit excluding non-recurring items**, **basic earnings per share**, and **diluted earnings per share** significantly improved year-on-year, primarily due to increased profits from the company's **poultry and hog businesses**, and the contribution from **asset disposal gains**[8](index=8&type=chunk) [Shareholder Information](index=3&type=section&id=II.%20Shareholder%20Information) As of the end of the reporting period, the company had 23,760 common shareholders, with the top ten shareholders collectively holding approximately 62.25%, indicating a relatively concentrated equity structure, and several natural person shareholders including Jin Weidong and Ding Yunfeng, along with Changzhou Heli Venture Capital, are acting in concert - As of the end of the reporting period, the company had a total of **23,760** common shareholders[10](index=10&type=chunk) - Jin Weidong, Ding Yunfeng, Wang Fengjiu, Shao Caimei, and Wang Zhongtao are acting in concert; Jin Weidong is the actual controller of Changzhou Heli Venture Capital Partnership (Limited Partnership)[11](index=11&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Shareholding Percentage (%) | Number of Shares Held | | :--- | :--- | :--- | | Jin Weidong | 16.27 | 149,549,498 | | DE HEUS MAURITIUS | 8.95 | 82,303,939 | | Ding Yunfeng | 8.91 | 81,929,558 | | Shao Caimei | 5.41 | 49,773,878 | | Zhang Tiesheng | 5.26 | 48,360,000 | | Changzhou Heli Venture Capital Partnership (Limited Partnership) | 5.26 | 48,360,000 | | Wang Fengjiu | 5.22 | 47,964,602 | | Wang Zhongtao | 5.07 | 46,625,229 | | Hong Kong Securities Clearing Company Limited | 2.53 | 23,253,783 | | Heofeng Food Co., Ltd. Repurchase Special Securities Account | 2.28 | 20,956,579 | [10](index=10&type=chunk) [Quarterly Financial Statements](index=4&type=section&id=IV.%20Quarterly%20Financial%20Statements) This quarter's financial statements are unaudited; the balance sheet shows a slight decrease in total assets from the beginning of the period, the income statement indicates the company turned profitable primarily due to revenue growth and asset disposal gains, and the cash flow statement shows operating cash flow remains negative but improved year-on-year [Consolidated Balance Sheet](index=4&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2023, the company's total assets were RMB 15.022 billion, a slight decrease of 2.41% from year-end; total liabilities were RMB 6.706 billion, down 4.70%; and total equity attributable to shareholders was RMB 7.259 billion, a slight increase of 0.31%, indicating a stable overall asset and liability structure Key Balance Sheet Items | Item | March 31, 2023 (RMB) | December 31, 2022 (RMB) | | :--- | :--- | :--- | | Total Assets | 15,021,859,133.78 | 15,393,315,399.76 | | Total Liabilities | 6,705,688,800.03 | 7,036,593,722.80 | | Total Equity Attributable to Parent Company Shareholders | 7,259,232,944.88 | 7,236,565,423.28 | | Total Equity | 8,316,170,333.75 | 8,356,721,676.96 | [13](index=13&type=chunk)[14](index=14&type=chunk) [Consolidated Income Statement](index=6&type=section&id=Consolidated%20Income%20Statement) In Q1 2023, the company achieved total operating revenue of RMB 7.844 billion, a 23.05% year-on-year increase, with net profit attributable to shareholders reaching RMB 19.43 million, a significant turnaround from a loss of RMB 128 million in the prior year, driven by RMB 42.44 million in asset disposal gains and positive investment income Key Income Statement Items | Item | Q1 2023 (RMB) | Q1 2022 (RMB) | | :--- | :--- | :--- | | Total Operating Revenue | 7,843,617,840.18 | 6,374,353,021.62 | | Operating Profit | 1,057,871.37 | -148,479,491.93 | | Total Profit | 14,172,979.72 | -156,221,157.08 | | Net Profit Attributable to Parent Company Shareholders | 19,434,574.57 | -128,176,181.71 | | Gains/Losses from Asset Disposal | 42,438,694.93 | -2,589,284.23 | [15](index=15&type=chunk)[16](index=16&type=chunk) [Consolidated Cash Flow Statement](index=7&type=section&id=Consolidated%20Cash%20Flow%20Statement) During the reporting period, net cash flow from operating activities was -RMB 288 million, an outflow but an improvement from -RMB 365 million year-on-year; net cash outflow from investing activities significantly narrowed, while net cash inflow from financing activities substantially decreased, resulting in an ending cash and cash equivalents balance of RMB 1.317 billion, a decrease of RMB 332 million from the beginning of the period Key Cash Flow Statement Items | Item | Q1 2023 (RMB) | Q1 2022 (RMB) | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | -288,366,567.32 | -364,899,379.02 | | Net Cash Flow from Investing Activities | -44,584,058.34 | -182,798,314.14 | | Net Cash Flow from Financing Activities | 2,345,374.10 | 233,951,493.70 | | Net Increase in Cash and Cash Equivalents | -331,847,982.56 | -313,880,908.05 | | Ending Balance of Cash and Cash Equivalents | 1,317,132,240.26 | 884,392,653.86 | [18](index=18&type=chunk)

| 证券代码：603609 | 证券简称：禾丰股份 | 公告编号：2023-018 | | --- | --- | --- | | 债券代码：113647 | 债券简称：禾丰转债 | | 禾丰食品股份有限公司 关于召开2022年度业绩暨现金分红说明会的公告 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个别及连带责任。 会议召开时间：2023年04月12日(星期三)上午10:00-11:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于2023年04月04日(星期二)至04月11日(星期二)16:00前登录 上 证 路 演 中 心 网 站 首 页 点 击 " 提 问 预 征 集 " 栏 目 或 通 过 公 司 邮 箱 hfmy@wellhope.co进行提问。公司将在说明会上对投资者普遍关注的问题进行回 答。 禾丰食品股份有限公司（以下简称"公司"）已于2023年3月31日发布公司 ...

Financial Performance - The company's operating revenue for 2022 was approximately ¥32.81 billion, an increase of 11.34% compared to ¥29.47 billion in 2021[21]. - The net profit attributable to shareholders for 2022 was approximately ¥513.53 million, representing a significant increase of 333.25% from ¥118.53 million in 2021[21]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥519.63 million, up 285.41% from ¥134.83 million in 2021[21]. - The net cash flow from operating activities for 2022 was approximately ¥196.27 million, a decrease of 34.39% compared to ¥299.16 million in 2021[21]. - The total assets at the end of 2022 were approximately ¥15.39 billion, an increase of 18.67% from ¥12.97 billion at the end of 2021[21]. - The net assets attributable to shareholders at the end of 2022 were approximately ¥7.24 billion, reflecting an increase of 11.95% from ¥6.46 billion at the end of 2021[21]. - The diluted earnings per share rose to 0.55 RMB, up 323.08% compared to the previous year[22]. - The weighted average return on equity reached 7.48%, an increase of 5.68 percentage points from the previous year[22]. Business Operations - The company’s feed business produced approximately 8 million tons, with external sales of 3.99 million tons[30]. - The sales volume of pig feed was 1.56 million tons, accounting for 39.04% of total sales[31]. - The company processed 720 million white feather chickens and produced 186,000 tons of chicken products, along with 27,000 tons of processed and cooked food[36]. - The company maintained a mother pig inventory of 63,000, including 45,000 breeding sows and 18,000 replacement sows by the end of 2022[40]. - The company is actively expanding its customized product lines and integrating upstream and downstream services for large-scale pig farms[35]. - The company has adopted a strategy of "controlling scale and improving quality" in its pig farming operations, focusing on breeding quality[40]. - The company has established a young talent training program to strengthen its management and technical capabilities in pig farming[42]. Market Trends and Challenges - The feed industry faced significant profit margin compression in 2022 due to rising raw material costs and intensified competition, leading to a higher concentration of market share among leading enterprises[48]. - The white feather chicken industry experienced a shift from losses to profitability in 2022, with a notable recovery in terminal consumption in the second half of the year[51]. - The competitive landscape in the pig farming industry has evolved, with larger scale farms expanding rapidly while smaller operators face increasing challenges[56]. - The livestock industry is transitioning from a high-profit era to a focus on cost reduction and efficiency, with biosecurity becoming a critical concern[131]. - The consumption structure of meat is shifting, with a notable decline in pork consumption and an increase in demand for chicken due to its health benefits[132]. Environmental Compliance - The company is committed to complying with environmental regulations and has developed emergency response plans for environmental risks[144]. - The company adheres to strict environmental standards in feed production, utilizing eco-friendly raw materials and additives to reduce heavy metals, nitrogen, and phosphorus emissions[145]. - The company has implemented a comprehensive environmental management system to ensure compliance with both national and local standards[192]. - The company has set ambitious targets for further reducing its environmental footprint in the coming years[192]. - The company has established a monitoring station for emissions, ensuring compliance with environmental standards[191]. Research and Development - The company has accumulated 228 authorized patents, including 66 invention patents, and received multiple national and provincial awards for technological advancements[79]. - The company’s R&D expenses decreased by 7.45% to 90.1 million RMB, reflecting a strategic focus on cost management[88]. - The company has a robust R&D system with a team of hundreds of experts, focusing on technology innovation and new product development[76]. - The company launched new products including a next-generation starter feed and an economical fattening pig feed, receiving positive market feedback[106]. - The company is focusing on optimizing feed formulas to reduce costs amid high raw material price volatility, implementing a transition to more complex European-style formulas[108]. Strategic Initiatives - The company plans to improve its organizational and operational capabilities, focusing on performance management and talent preparation to support its business strategies in 2023[135]. - The company aims to enhance its market expansion strategies and explore potential mergers and acquisitions to strengthen its competitive edge[158]. - The company is committed to enhancing its competitive advantages and expanding its market presence through strategic resource integration and vertical expansion[129]. - The company is actively addressing the risks of raw material price fluctuations and market volatility through strategic measures[140][141]. Shareholder and Management Information - The company plans to distribute a cash dividend of 1.20 RMB per 10 shares, totaling approximately 107.82 million RMB, which represents 21% of the net profit attributable to shareholders for the year 2022[179]. - The total number of shares held by directors and senior management at the beginning of the year was 326,591,186 shares, remaining unchanged by the end of the year[156]. - The total pre-tax remuneration for directors and senior management during the reporting period amounted to 848.84 million CNY[158]. - The company has implemented a comprehensive performance incentive system linking employee compensation to performance, with a focus on optimizing salary management and attracting industry talent[175]. - The company has ongoing collaborations with various agricultural and biotechnology firms[162].

Financial Performance - The company's operating revenue for Q3 2022 was approximately ¥9.73 billion, representing a year-over-year increase of 19.89%[5] - The net profit attributable to shareholders for the same period was approximately ¥303 million, with a significant increase of 625.67% year-to-date[5] - The basic earnings per share for Q3 2022 was ¥0.34, reflecting a year-to-date increase of 680.00%[5] - Total operating revenue for the first three quarters of 2022 reached RMB 23.52 billion, an increase of 8.06% compared to RMB 21.76 billion in the same period of 2021[27] - Net profit for the first three quarters of 2022 was RMB 366.21 million, a significant turnaround from a net loss of RMB 27.94 million in the same period of 2021[27] - Operating profit increased to RMB 453.82 million, compared to RMB 120.71 million in the first three quarters of 2021, reflecting a growth of 275.5%[27] - Total comprehensive income for the first three quarters of 2022 was RMB 365.43 million, compared to a loss of RMB 38.30 million in the same period of 2021[28] - Basic earnings per share for the first three quarters of 2022 were RMB 0.39, up from RMB 0.05 in the same period of 2021[28] Assets and Liabilities - Total assets at the end of Q3 2022 reached approximately ¥15.22 billion, an increase of 17.33% compared to the end of the previous year[8] - Total liabilities reached RMB 7,067,737,905.44, up from RMB 5,458,902,516.24, indicating a rise of 29.5%[22] - Non-current liabilities increased to RMB 2,713,249,450.82 from RMB 1,479,918,010.00, a significant increase of 83.4%[22] - Total assets amounted to RMB 15,220,021,183.88, compared to RMB 12,971,506,159.72, showing a growth of 17.3%[22] - The company's equity attributable to shareholders rose to RMB 7,043,104,494.02 from RMB 6,464,358,869.77, an increase of 8.9%[22] - The company reported a total of RMB 4,826,783,814.29 in undistributed profits, up from RMB 4,473,531,926.28, reflecting a growth of 7.9%[22] Cash Flow - The net cash flow from operating activities for the year-to-date period was approximately -¥227.95 million, indicating a negative cash flow situation[5] - Cash flow from operating activities showed a net outflow of RMB 227.95 million, slightly worse than the outflow of RMB 222.52 million in the same period of 2021[33] - Net cash flow from financing activities increased to $1,058,842,054.75 from $907,782,482.84, representing a growth of approximately 16.6% year-over-year[35] - Total cash and cash equivalents at the end of the period reached $1,585,048,797.03, up from $1,141,356,696.91, indicating a significant increase of about 39.0%[35] - Cash and cash equivalents net increase amounted to $386,775,235.12, compared to a decrease of $44,840,946.13 in the previous year[35] - Cash outflow from financing activities totaled $2,070,866,085.74, an increase from $1,873,140,321.03, reflecting a rise of approximately 10.5%[35] - The impact of exchange rate changes on cash and cash equivalents was positive at $2,787,862.17, contrasting with a negative impact of $96,489.50 in the prior year[35] Shareholder Information - The company has a total of 27,808 common shareholders as of the end of the reporting period[15] Government Subsidies - The company reported a government subsidy of approximately ¥9.25 million recognized in the current period, contributing positively to the financial results[10] Research and Development - Research and development expenses decreased to RMB 60.42 million, down from RMB 67.78 million in the previous year, indicating a reduction of 10.0%[27] Market and Product Development - The company has not disclosed any new product developments or market expansion strategies in the current report[19]

证券代码：603609 证券简称：禾丰股份 债券代码：113647 债券简称：禾丰转债 禾丰食品股份有限公司 2022 年 8 月 16 日投资者关系活动记录表 编号：2022-003 | --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------|---------------------------------------------------------------------------------------------------|--------|-------------|-------------------|-------|--------|-------| | 投资者关系活 \n动类别 | □特定对象调研 \n□媒体采访 □业绩说明会 \n□新闻发布会 □路演活动 \n□现场参观 \n■其他（电话会议） | | □分析师会议 | | | | | | | 机构名称 人员姓名 | | | 机构名称 人员姓名 | | | | | | 中信建投 | 王明琦 | | 金鹰基金 | | 蒋程浩 | | | | ...

5 证券代码：603609 证券简称：禾丰股 禾丰食品股份有限公司 投资者关系活动记录表 编号：2022-002 | --- | --- | --- | --- | --- | |--------------------------|-------------------------------------------------------------------------------------------------------------------------|-------------|-------|-------| | | | | | | | | □特定对象调研 □分析师会议 | | | | | | □媒体采访 | □业绩说明会 | | | | 投资者关系 | □新闻发布会 □路演活动 | | | | | 活动类别 | □现场参观 | | | | | | ■其他（电话会议） | | | | | | 广发证券：王乾、钱浩 | | | | | | 长江证券：余昌 | | | | | | 东方证券：张斌梅、樊嘉敏 | | | | | | 大成基金：戴军、李燕宁 | | | | | | 南方基金：林 ...

Financial Performance - The company's operating revenue for 2021 was CNY 29,468,925,899.60, representing a 23.73% increase compared to CNY 23,817,600,766.26 in 2020[25] - The net profit attributable to shareholders of the listed company for 2021 was CNY 118,530,518.15, a decrease of 90.40% from CNY 1,235,162,151.48 in 2020[25] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 134,826,072.01, down 89.04% from CNY 1,230,677,435.86 in the previous year[25] - The net cash flow from operating activities was CNY 299,160,222.36, a decline of 60.94% compared to CNY 765,945,453.03 in 2020[25] - As of the end of 2021, the net assets attributable to shareholders of the listed company were CNY 6,464,358,869.77, a decrease of 4.27% from CNY 6,752,397,489.35 at the end of 2020[25] - The total assets at the end of 2021 were CNY 12,971,506,159.72, an increase of 11.38% from CNY 11,646,508,203.99 in 2020[25] - The basic earnings per share were 0.13 RMB, down 90.30% from 1.34 RMB in 2020[26] - The company's asset-liability ratio at the end of the reporting period was 42.08%, indicating effective control over financial risks[103] Dividend and Share Repurchase - The company did not distribute cash dividends or bonus shares for the 2021 fiscal year, with undistributed profits carried forward to the next year[6] - The company implemented a share repurchase amounting to CNY 200,003,612.37, which is considered equivalent to cash dividends, accounting for 168.74% of the net profit for the year[6] - In 2021, the company repurchased 20.96 million shares, with a total expenditure of 200 million yuan, to enhance long-term investment value and shareholder interests[61] Operational Challenges - The company faced significant challenges in 2021 due to high feed raw material prices and a decline in the livestock market[36] - The company adopted a cautious approach to production scale, eliminating inefficient capacity and focusing on cost control amid declining industry profitability[51] Production and Sales - The total feed production of the company's controlled and joint-stock enterprises reached 8.03 million tons, a year-on-year increase of 15.04%[37] - The sales volume of pig feed was 1.9724 million tons, accounting for 45.54% of total feed sales, with a year-on-year growth of 26.44%[38] - The company achieved a total production and sales of 1.8 million tons of chicken products, with a year-on-year growth of 7.0%[45] - The company’s total output of fattening pigs reached 639,000 heads in 2021, with a total output of 1.293 million heads including piglets and breeding pigs[51] - The company’s export of cooked food reached 3,488 tons, marking a year-on-year increase of 15.9%[45] Market Strategy and Expansion - The company’s market expansion strategy included segmenting existing markets into five regions and implementing targeted marketing plans[44] - The company has established feed factories in Nepal, Indonesia, and the Philippines, expanding its international footprint[80] - The company is actively expanding into overseas markets, establishing factories in countries with significant livestock development potential, such as the Philippines, Indonesia, and Nepal[106] Research and Development - The company has accumulated 196 authorized patents, including 59 invention patents, and has received multiple national and provincial awards for technological advancements[112] - The company has developed a dynamic raw material database and has established a comprehensive testing center recognized by CNAS, ensuring product quality and safety[112] - The company has developed a feeding model that has improved livestock management efficiency and increased per capita breeding numbers[152] - The company launched a new generation of pig feed, improving palatability and anti-diarrhea properties, while upgrading existing sow feed products[146] Environmental and Regulatory Compliance - The company has implemented a complete monitoring plan for key pollution sources to comply with increasingly stringent environmental regulations, ensuring stable operations[197] - The company has invested in environmentally friendly raw materials and additives in feed production to reduce emissions of heavy metals, nitrogen, and phosphorus[198] Future Outlook - For 2022, the company plans to achieve a sales volume increase of over 15% in its feed business[185] - The company aims to raise its total breeding of white feather chickens to 690 million and slaughter 730 million in 2022[188] - The company plans to sell 900,000 to 1 million heads of pigs in 2022, focusing on cost control and improving operational capabilities[189] - The company will enhance its core competitiveness and expand its market presence by optimizing its organizational structure and improving team capabilities[185]

Financial Performance - The company's revenue for Q1 2022 was approximately ¥6.37 billion, representing a year-over-year increase of 0.81%[6] - The net profit attributable to shareholders was a loss of approximately ¥128.18 million, a decrease of 144.06% compared to the same period last year[6] - Basic earnings per share (EPS) for the period was -¥0.14, reflecting a decline of 143.75% year-over-year[6] - The company reported a net loss of ¥176,105,012.26 for the current period, compared to a net profit of ¥311,331,504.60 in the same period last year, indicating a significant decline in profitability[23] - Operating profit was reported at -¥148,479,491.93, a sharp decrease from ¥366,901,173.26 in the prior year[23] - Total revenue from operating activities was ¥6,101,712,648.74, slightly up from ¥6,047,568,933.10 year-over-year[25] - The total comprehensive loss for the period was ¥184,182,741.12, compared to a comprehensive income of ¥309,100,056.53 in the same period last year[23] Cash Flow and Liquidity - The net cash flow from operating activities was negative at approximately ¥364.90 million, indicating a significant cash outflow[6] - The net cash flow from operating activities was -¥364,899,379.02, an improvement from -¥556,311,101.38 in the previous year[25] - The company experienced a net cash outflow from investing activities of -¥182,798,314.14, compared to -¥179,367,495.22 in the same period last year[27] - Cash and cash equivalents at the end of the period stood at ¥884,392,653.86, down from ¥1,052,705,225.67 at the end of the previous year[27] - The company's cash and cash equivalents decreased to RMB 903,505,306.46 from RMB 1,233,577,781.76, representing a decline of 26.73%[18] Assets and Liabilities - Total assets at the end of the reporting period were approximately ¥13.24 billion, an increase of 2.06% from the end of the previous year[9] - The company's total assets reached RMB 13,239,246,061.80, an increase of 2.06% from RMB 12,971,506,159.72[21] - The equity attributable to shareholders decreased to approximately ¥6.33 billion, down 2.15% from the previous year[9] - The company's equity attributable to shareholders decreased to RMB 6,325,671,353.58 from RMB 6,464,358,869.77, a decline of 2.14%[21] - The total liabilities increased to RMB 5,905,176,743.69, up 8.16% from RMB 5,458,902,516.24[21] Operating Costs and Expenses - Total operating costs for Q1 2022 reached RMB 6,467,746,901.24, up 7.68% from RMB 6,006,181,499.92 in the same period last year[21] - R&D expenses for Q1 2022 were RMB 19,646,317.75, nearly unchanged from RMB 19,656,195.40 in Q1 2021[21] - The company incurred interest expenses of ¥29,486,652.93, an increase from ¥19,968,124.00 in the prior year[23] Shareholder Information - The company had a total of 30,869 common shareholders at the end of the reporting period[13] - The weighted average return on equity was -2.00%, a decrease of 6.22 percentage points compared to the previous year[9] Non-Recurring Items - The company reported non-recurring losses totaling approximately ¥9.59 million for the period[10] - The significant decline in net profit was primarily due to substantial losses in the pig and poultry industries[10] - The company reported a decrease in investment income, with losses amounting to -¥41,679,168.25, compared to gains of ¥73,803,607.68 in the previous year[23]