证券代码：605296 证券简称：神农集团 公告编号：2025-122 云南神农农业产业集团股份有限公司 第五届监事会第五次会议决议公告 2、《关于变更注册资本并修订<公司章程>的议案》 本公司监事会及全体监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、监事会会议召开情况 云南神农农业产业集团股份有限公司（以下简称"公司"）第五届监事会第 五次会议通知于2025年10月21日以电子邮件方式向全体监事发出，会议于2025 年 10 月 27 日以现场表决方式在云南省昆明市盘龙区东风东路 23 号昆明恒隆广 场办公楼 39 层会议室召开。本次会议为临时监事会。监事会主席李琦女士主持 会议，应出席监事 3 人，实际出席监事 3 人。本次会议的召开符合《中华人民共 和国公司法》等法律、行政法规、部门规章、规范性文件及《云南神农农业产业 集团股份有限公司章程》（以下简称"《公司章程》"）的有关规定。 二、监事会会议审议表决情况 1、《关于公司 2025 年第三季度报告的议案》 监事会对公司 2025 年第三季度报告进行了审核，监事会对本次第三季度报 ...

证券代码：605296 证券简称：神农集团 公告编号：2025-121 云南神农农业产业集团股份有限公司 第五届董事会第五次会议决议公告 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、董事会会议召开情况 云南神农农业产业集团股份有限公司（以下简称"公司"）第五届董事会第 五次会议通知于2025年10月21日以电子邮件方式向全体董事发出，会议于2025 年 10 月 27 日在云南省昆明市盘龙区东风东路 23 号昆明恒隆广场办公楼 39 层会 议室，以现场会议与通讯表决相结合的方式召开。本次会议为临时董事会。现场 会议由副董事长何乔关女生主持，会议应出席董事 9 人，实际出席董事 9 人，董 事何祖训先生、张晓东先生、森德敏先生、王萍女生因公出差以通讯方式出席， 公司监事及高管列席了会议。本次会议的召开符合《中华人民共和国公司法》等 法律、行政法规、部门规章、规范性文件和《云南神农农业产业集团股份有限公 司章程》（以下简称"《公司章程》"）的有关规定。 二、董事会会议审议表决情况 1、《关于公司 2025 年第三季度报告的 ...

云南神农农业产业集团股份有限公司 2025 年第三季度报告 证券代码：605296 证券简称：神农集团 云南神农农业产业集团股份有限公司 2025 年第三季度报告 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： 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 一、主要财务数据 （一） 主要会计数据和财务指标 单位：元 币种：人民币 | | | 本报告期比 | | 年初至报告期 | | --- | --- | --- | --- | --- | | 项目 | 本报告期 | 上年同期增 | 年初至报告期末 | 末比上年同期 | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 1,125,778,305.01 | -28.90 | 3,923,404, ...

神农集团公告，第三季度营收为11.26亿元，下降28.90%；净利润为7406.18万元，下降79.21%。前三季 度营收为39.23亿元，下降3.79%；净利润为4.62亿元，下降3.89%。 ...

Core Viewpoint - Shennong Group's stock has shown a mixed performance in recent trading, with a year-to-date increase of 11.91% and a notable rise of 2.04% on October 27, 2023, reaching a price of 31.00 CNY per share, reflecting a market capitalization of 16.268 billion CNY [1] Financial Performance - For the first half of 2025, Shennong Group reported a revenue of 2.798 billion CNY, representing a year-on-year growth of 12.16%, while the net profit attributable to shareholders surged by 212.65% to 388 million CNY [2] - Cumulatively, the company has distributed 331 million CNY in dividends since its A-share listing, with 131 million CNY distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders for Shennong Group stood at 20,200, a decrease of 2.37% from the previous period, with an average of 25,923 circulating shares per shareholder, an increase of 2.43% [2] - The top ten circulating shareholders include new entrants such as Hong Kong Central Clearing Limited and Bosera Consumption Innovation Mixed Fund, indicating a shift in institutional holdings [3] Business Overview - Shennong Group, established on August 9, 1999, and listed on May 28, 2021, primarily engages in the production and sale of feed products, pig farming, slaughtering, and pork sales, with its main revenue sources being live pigs (76.08%) and pork products (18.37%) [1] - The company operates within the agriculture, forestry, animal husbandry, and fishery sector, specifically in pig farming, and is associated with various concept sectors including prepared dishes and feed [1]

Investment Rating - The report maintains a "Positive" investment rating for the agriculture industry [5] Core Viewpoints - The pig farming sector is expected to benefit from recent policies and market forces that promote capacity reduction, leading to long-term performance improvements [3][36] - The current trend in grain prices is upward, indicating a favorable fundamental outlook for planting and seed industries, highlighting significant investment opportunities [3][36] - The pet food sector is experiencing growth, with increasing recognition of domestic brands and continuous market expansion [3][36] Summary by Relevant Sections Pig Farming - The current pig price is weak, with the average price for external three yuan pigs at 11.82 yuan/kg, a week-on-week increase of 5.82% [10][44] - The industry is entering a phase of capacity reduction, with pig prices expected to stabilize and potentially rise in the long term due to policy support [7][10] Poultry - White feather broiler prices have shown slight increases, with the current price at 6.88 yuan/kg, reflecting a week-on-week rise of 0.15% [13][44] - The yellow feather broiler prices continue to remain strong, indicating a stable market environment [21][44] Feed Sector - Corn prices have decreased slightly, while soybean meal and wheat prices have increased, indicating a mixed market for feed ingredients [23][44] - The average price of pig feed is 3.37 yuan/kg, showing a slight decrease of 0.30% [44] Bulk Agricultural Products - Natural rubber prices have risen, with the current price at 15,335 yuan/ton, a week-on-week increase of 4.36% [30][44] - The report indicates that the down cycle for bulk agricultural products is nearing its end, with signs of recovery in certain segments [30][44]

Core Insights - The aquaculture sector experienced a slight decline of 0.08% on October 24, with Xiaoming Co. leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Aquaculture Sector Performance - Yisheng Co. (002458) saw a closing price of 8.85, with an increase of 2.67% and a trading volume of 150,400 shares, totaling a transaction value of 134 million yuan [1] - Shengnong Development (002299) closed at 16.28, up 1.12%, with a trading volume of 136,800 shares and a transaction value of 222 million yuan [1] - Other notable performances include: - ST Tianshan (300313) at 8.43, up 0.60% [1] - Jinjidun Agricultural (000048) at 17.03, up 0.53% [1] - Muyuan Foods (002714) at 48.86, up 0.31% [1] - Xiaoming Co. (300967) led the decline with a closing price of 21.20, down 3.02% [2] Capital Flow Analysis - The aquaculture sector saw a net outflow of 153 million yuan from institutional investors, while retail investors contributed a net inflow of 11.67 million yuan [2] - Notable capital flows include: - Luoniushan (000735) with a net inflow of 5.14 million yuan from institutional investors [3] - Yike Foods (301116) with a net outflow of 1.90 million yuan from institutional investors [3] - Yisheng Co. (002458) experienced a net outflow of 2.22 million yuan from institutional investors [3]

证券代码：605296 证券简称：神农集团 公告编号：2025-120 云南神农农业产业集团股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 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： 会议召开时间：2025 年 10 月 31 日（星期五）10:30-11:30； 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： https://roadshow.sseinfo.com/）； 一、说明会类型 会议召开方式：上证路演中心视频直播和网络互动； 本次投资者说明会以网络互动召开，公司将针对 2025 年第三季度的经营成 果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围 内就投资者普遍关注的问题进行回答。 投资者可于 2025 年 10 月 24 日（星期五）至 10 月 30 日（星期四）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过投资者关系 邮箱 zqb@ynsnjt.com 进行提问。公司将在说明会上对投资者 ...

Core Viewpoint - The livestock sector experienced a decline of 1.22% on October 20, with Juxing Agriculture leading the drop, while the Shanghai Composite Index rose by 0.63% and the Shenzhen Component Index increased by 0.98% [1][2]. Livestock Sector Performance - Juxing Agriculture's stock closed at 18.47, down 4.15%, with a trading volume of 189,500 shares and a transaction value of 350 million yuan [2]. - Other notable declines included Muyuan Foods, down 2.25% to 49.48, and Shengnong Development, down 1.31% to 16.53 [2]. - In contrast, stocks like Luoniushan and *ST Tianshan saw slight increases of 1.96% and 1.23%, respectively [1]. Capital Flow Analysis - The livestock sector saw a net outflow of 243 million yuan from main funds, while retail investors contributed a net inflow of 209 million yuan [2][3]. - Notable net inflows from retail investors were observed in stocks like Zhengbang Technology and Huaying Agriculture, while main funds showed outflows in several stocks including Shengnong Development and *ST Tianshan [3].

Investment Rating - Maintain "Add" rating for the agricultural sector [5] Core Views - The first pet Double Eleven sales report has been released, indicating potential catalysts for the sector [1][12] - The trend of domestic substitution and premiumization in the pet food market remains strong, with most top brands being domestic [2][13] - The current valuation of pig farming is relatively low, with opportunities in low-cost pig farming companies [3][15] - The poultry market shows mixed signals, with white feather chicken prices declining while yellow feather chicken prices are increasing [15][30] - The commercialization of genetically modified varieties is expected to enhance growth potential in the agricultural sector [15] Summary by Sections Pet Industry - The top ten brands in the pet food sector are predominantly domestic, with high-end brands like Xianlang and Fregate leading the sales [2][13] - The Double Eleven event is ongoing, with expectations for new product launches and sales data to be closely monitored [14] Pig Farming - The national price for lean pigs is 10.98 yuan/kg, down 3.6% from last week [3][16] - The average wholesale price of pork is 18.03 yuan/kg, down 2.4% [16][24] - Self-breeding pig farming shows a loss of 244.7 yuan per head, indicating a decrease in profitability [20][21] Poultry Farming - The price of white feather chickens is 6.87 yuan/kg, down 0.1%, while chicken product prices average 8.6 yuan/kg, down 0.6% [15][34] - The price of meat chicken chicks has increased by 2.2% to 3.29 yuan each [15][30] - Yellow feather chicken prices have shown a 1.9% increase, suggesting seasonal price elasticity opportunities [15][40] Agricultural Products - The approval of genetically modified varieties is set to enter commercial sales, with potential for growth in the sector [15] - The fluctuation in agricultural product prices is expected to continue, with leading feed companies likely to replace smaller competitors [15][49] Commodity Prices - Domestic corn prices have decreased by 2.0% to 2263.14 yuan/ton [50] - Soybean meal prices have dropped by 0.7% to 2993.43 yuan/ton [68] - The price of imported fish meal has decreased by 3.7% to 13067.39 yuan/ton [80]