东 兴 晨 报 东兴晨报 P1 3.商务部等 9 部门：联合印发《2025 年家政兴农行动工作方案》。该方案从四 个方面提出 14 项具体任务，旨在扩大家政服务供给，促进家政服务消费，助 力乡村振兴。主要措施包括：支持农村劳动力在家政领域就业，开展生活服 务招聘季活动；提升就业能力，推进家政服务员技能升级和职业教育发展； 完善就业保障，加强住房保障和基本公共服务；优化创业就业服务，支持重 点群体就业创业。下一步，商务部将联合相关部门推动政策落实，充分发挥 家政服务业在惠民生、稳就业、促消费方面的重要作用。（资料来源：同花顺） 4.中国人民银行：开展 1065 亿元 7 天期逆回购操作。人民银行 7 日公告称， 以固定利率、数量招标方式开展了 1065 亿元逆回购操作，中标利率为 1.4%。 今日公开市场有 3315 亿元逆回购到期，净回笼 2250 亿元。（资料来源：同花 顺） 5.三大交易所：正式实施程序化交易监管新规。7 月 7 日起，沪深北三大交易 所《程序化交易管理实施细则》正式实施，重点强化高频交易监管。新规明 确了四类异常交易行为认定标准，包括瞬时申报速率异常、频繁瞬时撤单等， 并将单账户每秒申报 ...

证券代码：605296 证券简称：神农集团 公告编号：2025-081 云南神农农业产业集团股份有限公司 2025 年 6 月养殖业务主要经营数据公告 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。 云南神农农业产业集团股份有限公司（以下简称"公司"）现将 2025 年 6 月养殖业务主要经营数据披露如下： 一、2025 年 6 月养殖业务主要经营数据 单位：万头 | 主要产品 | 销售量 | | 销售量同比增减(%) | | | --- | --- | --- | --- | --- | | | 当月 | 累计 | 当月 | 累计 | | 生猪 | 21.90 | 153.95 | -7.52 | 40.93 | 2025 年 6 月份，公司销售生猪 21.90 万头（其中：商品猪销售 20.79 万头， 仔猪销售 0.59 万头），销售收入 3.85 亿元。其中向集团内部屠宰企业销售生猪 3.83 万头。 2025 年 6 月份，公司商品猪价格呈现下降趋势，商品猪销售均价 14.35 元/ 公斤，比 2025 年 5 月份 ...

Group 1 - The core point of the article is that Shennong Group (605296) reported a decline in pig sales for June 2025, with total sales of 219,000 pigs, representing a year-on-year decrease of 7.52% [1] - In June 2025, the company sold 207,900 commercial pigs and 5,900 piglets, generating a sales revenue of 385 million yuan [1] - For the first half of 2025, the company sold a total of 1.5395 million pigs, with total sales revenue amounting to 2.504 billion yuan [1]

Investment Rating - The industry investment rating is "Overweight" indicating that the industry is expected to outperform the overall market [2][45]. Core Insights - The report highlights a significant increase in pig prices, reaching a new high since the Spring Festival, with a current average price of 15.37 CNY/kg, up 4.8% week-on-week [3][4]. - The report emphasizes the importance of focusing on quality pig farming companies and the opportunities in the livestock support and pet food sectors, as the pet food industry remains vibrant with leading brands performing well [3][4]. - The report anticipates a notable improvement in overall profitability in the agricultural sector for the first half of 2025, particularly in pig farming, feed, pet food, and animal health sectors [3][4]. Summary by Sections Market Performance - The Shenwan Agricultural, Forestry, Animal Husbandry, and Fishery Index rose by 2.5%, outperforming the CSI 300 Index which increased by 1.5% [3][4]. - The top five gainers in individual stocks include Muyuan Foods (+4.9%), Shennong Group (+4.0%), and Xiaoming Co. (+4.8%) [3][4]. Pig Farming - Pig prices have shown a strong upward trend, with the average price reaching 15.37 CNY/kg, marking a significant increase from previous months [3][4]. - The report discusses the reasons behind the recent price surge, including a reduction in supply pressure and increased second fattening activities [3][4]. Poultry Farming - The report notes a decline in broiler chick prices, with the average price dropping to 1.14 CNY/chick, down 7.3% week-on-week [3][4]. - Broiler prices have also decreased, with the average price for live chickens at 3.37 CNY/kg, reflecting a weak market [3][4]. Animal Health - The report highlights a recovery in demand for vaccines, with a 15.8% year-on-year increase in vaccine issuance from January to May 2025 [3][4]. - It emphasizes the importance of monitoring new vaccine varieties and the potential growth in the pet health sector [3][4]. Recommendations - The report suggests focusing on companies such as Muyuan Foods, Wen's Food Group, and Shennong Group for potential investment opportunities [3][4].

Investment Rating - The report maintains an "Increase" rating for the agricultural sector [5] Core Views - The report emphasizes the need to combat "involutionary" competition and optimize pig production capacity, as highlighted in the recent meeting of the Central Financial Committee [1][17] - The overall pig farming industry is currently profitable, with self-breeding and self-raising models showing increased profits [18][23] - The poultry sector is experiencing price declines, particularly in broiler chickens and chicken seedlings, indicating a potential for price recovery in the future [19][36] Summary by Sections Agricultural Data Tracking - The national average price for lean meat pigs is 14.82 CNY/kg, up 3.9% from last week, while the average wholesale price for pork is 20.58 CNY/kg, up 1.7% [21][22] - The average weight of pigs for slaughter has decreased to 90.05 kg, down 0.6% week-on-week [26] - The price of 15 kg piglets has decreased to 36.77 CNY/kg, down 1% from last week [29] Pig Farming - The average profit for self-breeding pigs is 119.72 CNY/head, an increase of 69.48 CNY/head from last week, while the profit for purchased piglets is -26.26 CNY/head, an increase of 105.45 CNY/head [23][24] - The report suggests monitoring the impact of recent policy changes on pig prices and inventory behavior [18] Poultry Farming - The average price for broiler chickens is 6.75 CNY/kg, down 3.7% from last week, and the average price for chicken products is 8.45 CNY/kg, down 1.2% [36] - The price for broiler chicks has dropped to 1.36 CNY/chick, down 20% from last week [31] Crop and Agricultural Products - The approval of genetically modified varieties is expected to lead to commercial sales, with potential growth opportunities for industry companies [19] Livestock Support - The report notes increased price volatility in agricultural products, with leading feed companies likely to replace smaller competitors due to their advantages in procurement and scale [19]

Investment Rating - The report rates the agricultural, forestry, animal husbandry, and fishery industry as "Overweight" due to expected overall profit improvement in the sector [3][4]. Core Insights - The report highlights that the profitability of pig farming is expected to improve, with a stable pig price and a significant increase in average profit per head for self-bred pigs [4]. - Poultry farming shows a mixed outlook, with white chicken prices bottoming out and yellow chicken profitability declining, while egg-laying chicks continue to experience high demand [4]. - The pet food sector is projected to maintain high growth, with leading companies showing strong online sales growth, despite a decline in exports to the U.S. due to tariffs [4]. - Animal health is recovering, with increased demand for vaccines and improved sales of veterinary preparations [4]. - The seed industry faces challenges with declining corn prices and increased competition, leading to pressure on the performance of leading seed companies [4]. Summary by Sections Pig Farming - The average price of pigs in H1 2025 is expected to be 14.80 CNY/kg, a decrease of 4.2% year-on-year, while the average profit for self-bred pigs is projected at 69.04 CNY/head, recovering from a loss of 24.82 CNY/head in H1 2024 [4]. Poultry Farming - White chicken prices are under pressure due to oversupply, with the average price for commodity broiler chicks at 2.4 CNY/bird, down 21% year-on-year. Yellow chicken prices are also declining, with the average price for Qingjiao chicken at 8.9 CNY/kg, down 19% year-on-year [4]. Pet Food - The domestic pet food market is experiencing a growth rate of 17% in online GMV for the first five months of 2025, compared to 14% in the same period of 2024. Leading companies like Guibao Pet and Zhongchong Co. show growth rates of 51% and 26%, respectively [4]. Animal Health - The demand for veterinary vaccines has increased, with a 15.8% year-on-year rise in vaccine approvals in the first five months of 2025. Prices for veterinary preparations like Tylosin and Tiamulin have increased by 39.8% and 9.3%, respectively [4]. Seed Industry - The corn seed market is under pressure due to falling corn prices and high competition, leading to a decline in seed prices and performance expectations for leading seed companies [4].

Core Viewpoint - Yunnan Shennong Agricultural Industry Group Co., Ltd. is holding a shareholders' meeting on July 10, 2025, to discuss various corporate matters including the repurchase and cancellation of restricted stocks due to certain employees no longer qualifying as incentive targets and performance issues [4][6][7]. Group 1: Meeting Procedures - Shareholders must arrive 30 minutes before the meeting with necessary identification and documentation for attendance verification [1]. - Only authorized attendees such as shareholders, board members, and invited personnel are allowed in the meeting [2]. - Shareholders have the right to speak, inquire, and vote, but must register in advance for speaking [2][3]. Group 2: Voting Process - Voting will be conducted by a named ballot system, with each share representing one vote [3]. - Invalid votes will be treated as abstentions, including ballots that are improperly marked or not using the official voting tickets [3]. - Online voting is available through the Shanghai Stock Exchange's system on the meeting day [3]. Group 3: Stock Repurchase and Cancellation - The company plans to repurchase and cancel a total of 274,594 restricted stocks, which is 0.0523% of the total share capital, due to employees leaving or not meeting performance criteria [5][7]. - The repurchase price is set at 13.72 RMB per share, totaling approximately 3.7674 million RMB, funded entirely by the company's own resources [5]. - Following the repurchase, the total shares will decrease from 524,839,012 to 524,564,418, and the registered capital will be reduced accordingly [6][7]. Group 4: Amendments to Company Articles - The company will amend its articles of association to reflect changes in registered capital and total shares due to the stock repurchase [6][7]. - Specific clauses regarding registered capital and total shares will be updated, while other provisions in the articles will remain unchanged [7].

证券代码：605296 证券简称：神农集团 公告编号：2025-080 云南神农农业产业集团股份有限公司 关于全资子公司完成存续分立工商变更登记的 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。 云南神农农业产业集团股份有限公司（以下简称"公司"）于 2025 年 4 月 25 日召开第四届董事会第三十一次会议，审议通过了《关于全资子公司存续分 立的议案》，同意公司全资子公司广西大新神农牧业有限公司（以下简称"大新 牧业"）实施存续分立，具体内容详见公司于 2025 年 4 月 29 日披露在上海证券 交易所网站（www.sse.com.cn）的《云南神农农业产业集团股份有限公司关于全 资子公司存续分立的公告》（公告编号：2025-051）。公司于近日接到大新牧业通 知，大新牧业已在市场监督管理局完成了存续分立变更登记手续，并领取了换发 后的《营业执照》。具体信息如下： （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）一般项目：农产品的生产、销售、加工、运 输、贮藏 ...

云南神农农业产业集团股份有限公司 云南神农农业产业集团股份有限公司 Yunnan Shennong Agricultural Industry Group Co.,LTD. 2025 年第二次临时股东会 会议资料 股票代码：605296 股票简称：神农集团 中国 昆明 二〇二五年七月 1 云南神农农业产业集团股份有限公司 2025 年第二次临时股东会 会议须知 为维护全体股东的合法权益，确保云南神农农业产业集团股份有限公司(以 下简称"公司")股东会的正常秩序和议事效率，保证股东会的顺利进行，根据 《中华人民共和国公司法》《中华人民共和国证券法》《公司章程》及《股东会议 事规则》的规定，特制定本次股东会须知如下： 一、为能够及时统计出席会议的股东（或股东代表）所代表的持股总数，请 现场出席股东会的股东和股东代表于会议开始前 30 分钟到达会议地点，并携带 身份证明、股东账户卡、加盖法人公章的《营业执照》复印件（法人股东)、授 权委托书(股东代理人)、持股凭证等原件，以便签到入场；参会资格未得到确认 的人员，不得进入会场。 二、为保证本次会议的正常秩序，除出席会议的股东（或股东代表）、董事、 监事、高级管理人员 ...

关于以集中竞价交易方式回购公司股份的进展公告 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： | 回购方案首次披露日 | 2024/10/29，由公司董事长提议 | | --- | --- | | 回购方案实施期限 | 待股东会审议通过后 12 个月 | | 预计回购金额 | 10,000万元~20,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 658.06万股 | | 累计已回购股数占总股本比例 | 1.25% | | 累计已回购金额 | 17,998.41万元 | | 实际回购价格区间 | 24.68元/股~29.20元/股 | 证券代码：605296 证券简称：神农集团 公告编号：2025-079 云南神农农业产业集团股份有限公司 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，公司在回购股份期间 ...