Financial Performance - The company's revenue for Q1 2025 was ¥1,108,082,547.35, a decrease of 11.90% compared to ¥1,257,759,871.54 in the same period last year[5] - Net profit attributable to shareholders increased by 106.99% to ¥112,031,779.68 from ¥54,125,149.43 year-on-year[5] - Basic earnings per share rose by 105.71% to ¥0.2127 from ¥0.1034 in the same period last year[5] - Net profit for the current period was ¥114,167,413.76, representing a significant increase of 99.4% compared to ¥57,212,823.93 in the previous period[21] - Earnings per share (EPS) increased to ¥0.2127 from ¥0.1034, reflecting a growth of 105.1%[22] - The company achieved a total comprehensive income of ¥114,294,135.31, compared to ¥57,199,796.49 in the previous period, marking a growth of 100%[22] Cash Flow - The net cash flow from operating activities improved significantly to ¥12,824,454.77, compared to a negative cash flow of ¥186,845,447.07 in the previous year, marking a 106.86% increase[5] - Cash flow from operating activities generated a net amount of ¥12,824,454.77, a recovery from a negative cash flow of ¥186,845,447.07 in the previous period[23] - The net cash flow from investing activities was -$41,245,634.66, compared to -$59,383,086.57 in the previous period, indicating an improvement[24] - The net cash flow from financing activities was -$49,010,396.84, contrasting with a positive $43,241,740.02 in the previous period[24] - The ending balance of cash and cash equivalents was $725,034,213.06, down from $851,996,926.68 in the previous period[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥10,893,070,456.13, a slight decrease of 0.52% from ¥10,950,030,198.75 at the end of the previous year[5] - Current assets totaled CNY 2,934,827,115.32, slightly up from CNY 2,901,016,298.27 at the start of the period[16] - Total current liabilities decreased to CNY 5,421,197,660.90 from CNY 5,576,361,219.44, suggesting improved financial management[17] - Total liabilities decreased to ¥6,423,025,200.66 from ¥6,597,814,787.97, a decline of 2.65%[18] - Total equity attributable to shareholders increased to ¥4,407,532,374.29 from ¥4,291,838,163.69, an increase of 2.70%[18] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 14,971, with the largest shareholder holding 29.45% of the shares[12] - The company reported a total of 10 major shareholders, with the largest holding 156,183,392 shares[14] - The company has engaged in financing activities, with several major shareholders participating in margin trading, indicating active investment strategies[14] Expenses and Income - The company reported a significant reduction in tax and additional fees by 95.51% to ¥2,281,259.07 due to decreased sales revenue from real estate[11] - Sales expenses decreased by 74.17% to ¥6,634,823.85, reflecting lower management service fees associated with reduced real estate sales[11] - The company experienced a 257.86% increase in other income, amounting to ¥1,121,575.36, primarily due to compensation received for asset damage[11] - Total operating costs decreased to ¥987,579,227.88, down 15.29% from ¥1,165,837,025.54 in the previous period[20] - The company reported a significant reduction in tax expenses, with current period tax expenses at -¥1,140,451.45 compared to ¥29,356,994.24 in the previous period[21] Inventory and Receivables - Accounts receivable increased significantly to CNY 92,907,715.05 from CNY 51,058,942.54, indicating improved sales or collection efforts[16] - Inventory rose to CNY 1,777,342,280.89 from CNY 1,718,786,404.76, reflecting potential growth in production or sales[16] Accounting and Auditing - The company did not undergo an audit for the first quarter report[25] - The company will implement new accounting standards starting in 2025[26]

Core Viewpoint - The company is currently focusing on the development and operation of existing land assets in the real estate sector, with only the Shanhai Pavilion apartment project and some commercial properties remaining for sale [1] Group 1 - The company has stated that it will only develop and operate existing land assets in accordance with its strategic planning [1] - The remaining products for sale include the Shanhai Pavilion apartment project and a portion of commercial properties [1]

特别提示： 1、根据《深圳证券交易所上市公司自律监管指引第9号——回购股份》等相 关规定，公司回购专用账户持有的公司股份不享有利润分配权利。公司2024年度 权益分派方案为：以公司现有总股本530,282,250股扣除回购专户中已回购股份 11,316,800股后的股份数量518,965,450股为基数，向全体股东每10股派发现金股 利3.5元（含税），共计派发现金股利181,637,907.50元（含税），不送红股，不以 资本公积金转增股本。 深圳市京基智农时代股份有限公司 2024 年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 证券代码：000048 证券简称：京基智农 公告编号：2025-017 总额进行调整。 2、本次实施的权益分派方案与公司2024年年度股东大会审议通过的权益分 派方案及其调整原则一致。 3、本次权益分派实施距离股东大会审议通过的时间未超过两个月。 二、本次实施的权益分派方案 本次实施的2024年度权益分派方案为：以公司现有总股本扣除回购专户中已 回购股份11,316,800股后的股份数量518,965,450 ...

证券代码：000048 证券简称：京基智农 公告编号：2025-016 深圳市京基智农时代股份有限公司 2024 年年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示 1、本次股东大会未出现否决提案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、召集人：深圳市京基智农时代股份有限公司第十一届董事会 1、股东出席的总体情况 - 1 - 2、召开方式：现场投票与网络投票相结合 3、现场会议召开地点：深圳市罗湖区深南东路 5016 号京基 100 大厦 A 座 71 层会议室 4、现场会议召开时间：2025 年 4 月 21 日（星期一）下午 3:00 网络投票时间：2025 年 4 月 21 日 其中：通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 4 月 21 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票系 统进行网络投票的具体时间为 2025 年 4 月 21 日 9:15 至 15:00 中的 ...

北京观韬（深圳）律师事务所 关于深圳市京基智农时代股份有限公司 2024年年度股东大会的法律意见书 观意字2025第SZ000028号 致：深圳市京基智农时代股份有限公司 北京观韬（深圳）律师事务所（以下简称"本所"）接受深圳市京基智农时代 股份有限公司（以下简称"京基智农"或"公司"）的委托，指派律师列席京基智 农于2025年4月21日召开的2024年年度股东大会（以下简称"本次股东大会"或"会 议"）。本所依据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》、中国证券监督管理委员会《上市公司股东大会规则》(以 下简称"《股东大会规则》")、《深圳证券交易所上市公司股东大会网络投票实 施细则》（以下简称"《网络投票实施细则》"）等现行法律、法规和规范性文件 以及《深圳市京基智农时代股份有限公司章程》(以下简称"《公司章程》")、《深 圳市京基智农时代股份有限公司股东大会议事规则》（以下简称"《议事规则》"） 等有关规定，就本次股东大会的召集和召开程序、出席会议人员资格、表决程序、 表决结果等事项进行见证，并出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的有关本次 ...

Core Viewpoint - The company reported a strong performance in 2024, achieving a revenue of 5.96 billion yuan and a net profit of 714 million yuan, while also focusing on technological advancements and market expansion in the pig farming industry [2][16]. Financial Performance - In 2024, the company achieved an operating income of 5.96 billion yuan and a net profit attributable to shareholders of 714 million yuan [2][16]. - As of the end of 2024, total assets amounted to 10.95 billion yuan, with net assets at 4.29 billion yuan [2]. - The company plans to distribute a cash dividend of 3.5 yuan per 10 shares for the 2024 fiscal year [25]. Operational Insights - The average selling price of fattening pigs in March 2025 was 15.34 yuan/kg, with an average weight of 135 kg [1]. - The company has established four major pig farming bases with a cumulative annual production capacity exceeding 2.2 million pigs [12]. - The company’s Wenchang pig farming project sold 252,200 pigs in 2024, with an average selling price of 18.22 yuan/kg and a PSY (Pigs per Sow per Year) of approximately 25 [12][18]. Technological Advancements - The company employs eight modern and intelligent farming management systems, including automated feeding, drinking, and waste management systems, which enhance efficiency and reduce costs [1]. - The company has obtained 32 utility model patents, 9 software copyrights, and 2 invention patents as of the end of 2024, indicating a strong focus on research and development [3][30]. Strategic Initiatives - The company has established two new subsidiaries aimed at diversifying its business into digital cultural and creative sectors [2]. - The company is actively pursuing a private placement of A-shares to fund integrated pig farming projects and breeding bases [4][5]. - The company is committed to enhancing its market presence and investor relations through share buybacks and dividend distributions [6][10][18]. Risk Management - The company has implemented a comprehensive biosecurity system to mitigate risks associated with pig diseases, including the establishment of a dedicated prevention and control leadership group [21][28]. - The company is focused on optimizing feed formulations and enhancing procurement strategies to manage fluctuations in feed raw material prices [11].

Financial Performance - In 2024, the company achieved a revenue of CNY 5.96 billion and a net profit of CNY 714 million [2] - As of the end of 2024, total assets amounted to CNY 10.95 billion, with net assets at CNY 4.29 billion [2] Pig Sales and Pricing - The average selling price of fattening pigs in March 2025 was CNY 15.34 per kg, with an average weight of 135 kg [2] - The total cost of raising fattening pigs in March 2025 was approximately CNY 13 per kg [3] - The cost of weaned piglets in March 2025 was CNY 302 per head [3] Dividend Distribution - The board approved a profit distribution plan for 2024, proposing a cash dividend of CNY 3.5 per 10 shares (including tax) [3] Production Capacity and Expansion - The company has established four major pig farming bases in Guangdong and Guangxi, with a total annual production capacity exceeding 2.2 million pigs [8] - Future fundraising will support integrated pig farming projects and breeding base projects [8] Research and Development - In 2024, the company invested CNY 52.11 million in R&D, a year-on-year increase of 20.89% [3] - The company holds 32 utility model patents, 9 software copyrights, and 2 invention patents as of the end of 2024 [7] Biosecurity Measures - The company employs a comprehensive biosecurity management system, including a "red-orange-yellow-green" classification for disease control [4] - A dedicated team for African swine fever prevention and control has been established [11] Market Strategy - The company focuses on the Guangdong-Hong Kong-Macao Greater Bay Area for pig product sales, with potential expansion to other regions based on market conditions [3] - The company plans to enhance its core competitiveness and market influence through refined management practices [6] Financial Health - As of the end of 2024, the company's cash and cash equivalents were CNY 874 million, showing a slight decrease from the previous year due to dividend payments and share buybacks [13] - The company's debt structure primarily consists of non-interest-bearing liabilities, indicating no immediate repayment pressure [13]

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000048 证券简称：京基智农 公告编号：2025-015 深圳市京基智农时代股份有限公司 关于举行2024年度业绩说明会的公告 深圳市京基智农时代股份有限公司（以下简称"公司"）已于2025年3月31日在巨潮资讯网 （www.cninfo.com.cn）披露公司《2024年年度报告》及摘要。为进一步加强与投资者的交流，使广大 投资者更全面深入地了解公司经营情况及发展战略，公司定于2025年4月17日在全景网举行2024年度业 绩说明会。具体安排如下： 一、业绩说明会安排 （一）会议召开时间：2025年4月17日（星期四）15:00-17:00 （二）会议召开方式：本次说明会将采用网络远程方式举行，投资者可登陆全景网"全景路 演"（http://rs.p5w.net）参与本次年度业绩说明会。 （三）出席人员：公司总裁、独立董事、董事会秘书、财务总监。 二、征集问题事项 为充分尊重投资者，提升交流的针对性，现就公司2024年度业绩说明会提前向投资者征集相 ...

为充分尊重投资者，提升交流的针对性，现就公司 2024 年度业绩说明会提前 向投资者征集相关问题，广泛听取投资者建议。投资者可在 2025 年 4 月 16 日（星 期三）17:00 前访问 http://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页 面提交相关问题，以便公司在业绩说明会上对投资者普遍关注的问题进行回答。 证券代码：000048 证券简称：京基智农 公告编号：2025-015 深圳市京基智农时代股份有限公司 关于举行 2024 年度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 深圳市京基智农时代股份有限公司（以下简称"公司"）已于 2025 年 3 月 31 日在巨潮资讯网（www.cninfo.com.cn）披露公司《2024 年年度报告》及摘要。为 进一步加强与投资者的交流，使广大投资者更全面深入地了解公司经营情况及发 展战略，公司定于 2025 年 4 月 17 日在全景网举行 2024 年度业绩说明会。具体安 排如下： 一、业绩说明会安排 （一）会议召开时间：2025 年 4 月 17 日（星期 ...

Core Viewpoint - The performance of Jingji Zhino (000048.SZ) has significantly declined in 2024, with both revenue and net profit dropping over 50% year-on-year, primarily due to a collapse in its real estate business, despite a notable increase in its pig farming operations [1][2]. Group 1: Financial Performance - In 2024, Jingji Zhino reported revenue of 5.96 billion yuan, a year-on-year decrease of 52%, and a net profit of 714 million yuan, down 59.13% [2]. - The real estate segment's revenue plummeted by 85.63% to 1.234 billion yuan, contributing only 20.7% to total revenue, compared to nearly 70% in the previous year [3]. - The pig farming business saw revenue rise to 3.901 billion yuan, a growth of 38.69%, increasing its contribution to total revenue from 22.65% to 65.45% [3]. Group 2: Business Segments - The real estate business, which previously accounted for nearly 70% of revenue, has faced a drastic decline due to a significant reduction in project sales and deliveries [2][3]. - The pig farming segment's gross margin improved from -1.97% to 23.697%, with the main profit shifting from a loss of 55.34 million yuan in 2023 to a profit of 924.2 million yuan in 2024 [3]. Group 3: Expansion Plans - Jingji Zhino has proposed a fundraising plan of up to 1.93 billion yuan to support its pig farming capacity expansion, but progress has been slow [4]. - The company plans to invest 575 million yuan in a pig farming integration project and 597 million yuan in a breeding base project, with expected annual contributions of 157 million yuan and 259 million yuan in net profit, respectively [4]. - Revised projections for these projects indicate a decrease in expected net profit from 416 million yuan to 226 million yuan, raising concerns about the company's confidence in future profitability [5][6].