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 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。 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. 会议资料 股票代码：605296 股票简称：神农集团 中国 昆明 二〇二五年九月 云南神农农业产业集团股份有限公司 会议召集人：公司董事会 会议主持人：董事长何祖训先生 二、为保证本次会议的正常秩 ...

云南神农农业产业集团股份有限公司 Yunnan Shennong Agricultural Industry Group Co.,LTD. 2025 年第四次临时股东会 会议资料 股票代码：605296 股票简称：神农集团 中国 昆明 二〇二五年九月 云南神农农业产业集团股份有限公司 1 | | | 云南神农农业产业集团股份有限公司 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、见证律师以及公司邀请的人员以外，公司有权拒绝其他人 员进入会场。 三、出席本次会议的股东（或股东代表），依法享有发言权、质询权、表决 权等权利，股东要求发言必须事先向公司会务组登记,登记后的股东发言顺序按 照提交登记单的时间顺序依次进行。 四、为确保会议正常进行，每位股东发言次数原则上不得超过 3 次，每次发 言时间原则上不超过 5 分钟，股东提问时，会议主持人可以指定相关人员代为回 答，相关人员在回答该问题时，也不超过 5 分钟，会议主持人可以拒绝回答与本 次会议内容无关或涉及公司商业秘密的问题，在股东会进入表决程序时，股东不 得再进行发言或提问。 五、股东会现场投票表决采用记名方式进行， ...

Market Overview - The aquaculture sector experienced a decline of 1.98% on September 3, with *ST Tianshan leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Key stocks in the aquaculture sector showed significant declines, with *ST Tianshan closing at 8.46, down 4.94% on a trading volume of 86,700 shares and a transaction value of 73.35 million yuan [1] - Other notable declines included: - Xiaoming Co., down 3.65% to 24.31 [1] - Fucheng Co., down 3.43% to 5.07 [1] - Lihua Co., down 3.36% to 18.96 [1] - Juxing Agriculture, down 3.27% to 20.38 [1] Capital Flow - The aquaculture sector saw a net outflow of 329 million yuan from institutional investors, while retail investors contributed a net inflow of 294 million yuan [1] - The following stocks had notable capital flows: - Jingjidu Agriculture had a net inflow of 23.77 million yuan from institutional investors, but a net outflow from retail investors of 17.67 million yuan [2] - Huaying Agriculture saw a net inflow of 11.67 million yuan from institutional investors, with retail investors also experiencing a net outflow [2] - Wens Foodstuff Group had a minor net inflow of 6.37 million yuan from institutional investors, but retail investors faced a net outflow of 10.48 million yuan [2]

Investment Rating - The report maintains an investment rating of "Buy-A" for Hai Da Group and "Buy-B" for Sheng Nong Development, with several other companies rated as "Increase-A" or "Increase-B" [3][4][5]. Core Insights - The agricultural sector has shown a market performance with the CSI 300 index increasing by 2.71% and the agricultural sector rising by 2.02% during the week of August 25 to August 31 [2][20]. - The report highlights a recovery cycle in the feed industry and marginal improvements in livestock farming, suggesting potential growth opportunities [4][5]. - The report indicates that the current market sentiment may be overly pessimistic regarding the impact of rising pig production capacity on profitability, while it overlooks the positive effects of declining raw material costs and potential macro demand recovery in 2025 [5][6]. Summary by Sections Swine Farming - As of August 29, the average prices for external three yuan pigs in Sichuan, Guangdong, and Henan were 13.25, 14.84, and 13.73 yuan/kg, reflecting a week-on-week change of -2.21%, -3.57%, and 0.00% respectively [3][28]. - The average pork price was 19.94 yuan/kg, down 0.80% from the previous week, while the average wholesale price for piglets remained stable at 26.00 yuan/kg [3][28]. - The self-breeding profit was 32.24 yuan/head, while the profit from purchasing piglets was -148.41 yuan/head [3][28]. Poultry Farming - As of August 29, the weekly price for white feather broilers was 7.33 yuan/kg, remaining unchanged from the previous week, while the price for broiler chicks increased by 0.84% to 3.61 yuan/chick [3][43]. - The profit from broiler farming was reported at 1.37 yuan/chick, and the egg price was 7.24 yuan/kg, down 0.82% [3][43]. Feed Processing - In July 2025, the total industrial feed production in China was 28.31 million tons, reflecting a month-on-month increase of 2.3% and a year-on-year increase of 5.5% [50]. - The report notes a significant decline in the factory prices of feed products, with the proportion of corn in compound feed at 33.1% and soybean meal at 14.1% [50]. Aquaculture - As of August 29, the prices for sea cucumbers, shrimp, and bass were stable at 90.00 yuan/kg, 320.00 yuan/kg, and 50.00 yuan/kg respectively [57]. - For freshwater products, the price of grass carp was 16.73 yuan/kg, up 0.54%, while the prices for crucian carp and carp showed slight fluctuations [57]. Crop and Grain Processing - As of August 29, the spot price for soybeans was 4005.79 yuan/ton, with corn and wheat prices at 2364.71 yuan/ton and 2428.89 yuan/ton respectively, showing slight declines [65]. - The report indicates that the prices for various mushroom products remained stable during the same period [65].

Market Overview - The aquaculture sector experienced a decline of 0.51% on September 2, with Shennong Group leading the drop [1] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Stock Performance - Notable gainers in the aquaculture sector included: - Xiaoming Co., Ltd. (300967) with a closing price of 25.23, up 2.10% [1] - Fucheng Co., Ltd. (600965) with a closing price of 5.25, up 1.55% [1] - Major decliners included: - Shennong Group (605296) with a closing price of 31.82, down 2.03% [2] - Tianyu Biological (603717) with a closing price of 8.20, down 1.68% [2] Trading Volume and Capital Flow - The aquaculture sector saw a net outflow of 301 million yuan from institutional investors, while retail investors contributed a net inflow of 168 million yuan [2][3] - The trading volume for Xiaoming Co., Ltd. reached 254,300 shares, with a transaction value of 651 million yuan [1] Individual Stock Capital Flow - Key capital flows for selected stocks included: - Jingjidu Agricultural (000048) with a net outflow of 27.28 million yuan from institutional investors [3] - Minhe Livestock (002234) with a net inflow of 6.74 million yuan from institutional investors [3] - The overall capital flow indicates a mixed sentiment among different investor types within the aquaculture sector [3]

Core Insights - A-share mid-year report shows revenue and net profit growth remains positive, but the proportion of loss-making stocks is still high [2][10] - The overseas revenue share of A-shares reached a record high of 13.4% in 2025, indicating a trend towards internationalization [10] - The pet food industry is experiencing a trend towards "micro-innovation" and "precision nutrition," with a focus on premium products [3][16] A-share Market Analysis - A-share revenue growth peaked in Q1 2021 at 44.8% and has been on a downward trend for 14 consecutive quarters, with a slight recovery in 2025 [10] - The proportion of loss-making companies in A-shares reached 29.4% in Q2 2025, the highest since 2008 [10] - The profitability of the main board is under pressure, while the Sci-Tech Innovation Board is showing signs of recovery [10] Pet Food Industry Insights - The 27th Asia Pet Expo in 2025 saw a record number of exhibitors but a decline in the number of participating brands, indicating increased industry concentration [12][3] - Major brands like Guibao Pet and Zhongchong Co. are focusing on product upgrades and expanding their market presence [3][12] - The trend of "small dog economy" is rising, with leading brands increasing their focus on dog food products [16] Financial Performance of Key Companies - The report highlights that companies like Boss Electric and Wanhe Electric are maintaining stable profitability despite market challenges [22][24] - The pet food sector is seeing significant product innovation, with brands launching new premium products to cater to evolving consumer preferences [3][16] - The overall cash flow and operating cash return in A-shares have improved, indicating better financial health among companies [13]

证券日报网讯 9月1日晚间，神农集团发布公告称，2025年8月，公司未实施股份回购。 （文章来源：证券日报） ...

格隆汇9月1日丨神农集团(605296.SH)公布，截至2025年8月31日，公司本次回购已累计回购股份658.06 万股，占公司当前总股本的比例为1.25%，已支付的总金额为1.8亿元（不含印花税、交易佣金等交易费 用）。 ...

Core Viewpoint - The 11th Jin Qilin Golden Secretary Honor List has been announced, with Jiang Hong, Secretary of the Board of Shennong Group, awarded the Golden Secretary Responsibility Pioneer Award for his exceptional professional capabilities and performance [1][2]. Group 1: Role of Company Secretaries - Company secretaries serve as a crucial link between listed companies and the capital market, acting as gatekeepers for corporate governance and strategic advisors for capital strategies [1]. - They are responsible for information disclosure and investor relations, playing multiple roles in the development and governance of the company [1]. Group 2: Recognition and Impact - The Jin Qilin Golden Secretary selection has been held for eleven years, recognizing over 900 outstanding secretaries, and is regarded as a prestigious award in the industry [1]. - The evaluation criteria include the quality of information disclosure, effectiveness of investor communication, and contributions to corporate governance, ESG construction, and capital operations [1]. Group 3: Jiang Hong's Achievement - Jiang Hong's recognition reflects not only his individual excellence in capital communication, compliance governance, and strategic collaboration but also the market's high regard for Shennong Group's governance and value growth [2].

证券代码：605296 证券简称：神农集团 公告编号：2025-108 云南神农农业产业集团股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 上述回购符合相关法律法规、规章制度及既定的回购股份方案。 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。 三、其他事项 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 | 一、回购股份的基本情况 云南神农农业产业集团股份有限公司（以下简称"公 ...