Core Insights - The company reported a total revenue of 2.387 billion yuan for the first half of 2025, a year-on-year decline of 11.61% [1][3] - Net profit attributable to shareholders was 226 million yuan, down 3.97% year-on-year, with basic earnings per share at 0.43 yuan, a decrease of 4.62% [1][3] - The company plans to distribute a cash dividend of 3.80 yuan per 10 shares, totaling 197 million yuan [1] Industry Performance - The breeding business, as the core pillar, achieved revenue of 1.925 billion yuan, a year-on-year increase of 11.13%, contributing 80.67% to total revenue [1][3] - The real estate development segment saw a significant decline in revenue, down 79.55% to 128 million yuan, compared to 628 million yuan in the same period last year [1][3] - The company’s real estate revenue contribution dropped from 23.26% to 5.38% [1][3] Product Breakdown - The company sold 1.0621 million pigs, generating sales revenue of 1.895 billion yuan from pig products [4] - Feed production revenue was approximately 280 million yuan, a decrease of 15.02% year-on-year, while net profit from feed operations increased by 10.88% to 6.2 million yuan [4] - The decline in feed sales was attributed to falling prices of raw materials and lower-than-expected sales in aquaculture feed due to losses in certain aquatic farming sectors [4] Future Outlook - The company aims to enhance operational efficiency through improved breeding techniques and management practices, focusing on cost reduction and steady growth [5] - Plans include upgrading the "6750" production model and breeding system to increase capacity utilization and maintain profitability in self-breeding projects [5] - The company will continue to optimize cash flow and manage real estate inventory, particularly focusing on the sales of remaining units in the Shan Hai Gong Guan project [5]

Group 1 - The company held its 11th Board of Directors' third meeting on August 22, 2025, to review and approve the half-year report and profit distribution plan [4][5][46] - The profit distribution plan includes a cash dividend of 3.80 yuan per 10 shares, totaling approximately 197.21 million yuan, based on a total share count of 518,965,450 after accounting for repurchased shares [2][59] - The company reported a net profit of approximately 226.10 million yuan for the first half of 2025, with undistributed profits of approximately 3.59 billion yuan on a consolidated basis [59][60] Group 2 - The company proposed to provide a guarantee of up to 65 million yuan for its subsidiaries to secure better supplier credit terms [64][68] - The total external guarantee amount for the company and its subsidiaries, excluding this new guarantee, is 13.4 billion yuan, with 2.4 billion yuan specifically for subsidiaries [63][70] - The company has no overdue guarantees or litigation related to guarantees [71] Group 3 - The company plans to renew its contract with Zhongxinghua Accounting Firm for the 2025 annual financial report and internal control audit, pending shareholder approval [74][85] - Zhongxinghua Accounting Firm has a strong track record, having audited 169 listed companies in 2024, with a total audit revenue of approximately 203.34 million yuan [77][78] - The proposed audit fee for the current period is estimated at 1.4 million yuan, which is a reduction compared to the previous period [82] Group 4 - The company announced the convening of its first extraordinary general meeting of 2025, scheduled for September 8, 2025, to discuss various proposals including the profit distribution plan and the renewal of the accounting firm [89][90] - The meeting will allow for both on-site and online voting, ensuring broad participation from shareholders [91][105] - The registration date for shareholders to attend the meeting is set for September 1, 2025 [92]

Core Viewpoint - 京基智农 announced a cash dividend distribution plan for the first half of 2025, proposing a payout of 3.8 yuan per 10 shares, totaling approximately 197 million yuan, which represents 87.22% of its net profit [1][2]. Company Financial Performance - For the first half of 2025, 京基智农 reported total revenue of 2.387 billion yuan, a year-on-year decrease of 11.61%, and a net profit of 226 million yuan, down 3.97% year-on-year. The basic earnings per share were 0.4292 yuan, with a weighted average return on equity of 5.2% [2]. Dividend History - The company has a history of dividend distributions since its listing, with the latest being the 11th payout. The previous distributions include: - 2024.12.31: 3.5 yuan per 10 shares, total payout of 182 million yuan, dividend yield of 2.12% - 2024.06.30: 3.8 yuan per 10 shares, total payout of 197 million yuan, dividend yield of 2.24% - 2022.12.31: 10 yuan per 10 shares, total payout of 523 million yuan, dividend yield of 5.16% [2][4]. Market Activity - The stock experienced a net inflow of 6.1831 million yuan in main funds today, but over the past five days, there was a net outflow of 11.1622 million yuan [3]. - The latest margin financing balance for the stock is 251 million yuan, with a decrease of 3.6941 million yuan over the past five days, representing a decline of 1.45% [4]. Industry Comparison - In the agricultural, forestry, animal husbandry, and fishery sector, 京基智农 ranks among the top companies in terms of cash dividend distribution, with a payout of 197 million yuan, following 牧原股份, which distributed 5 billion yuan [4][5].

Group 1 - The company announced a profit distribution plan for the first half of 2025, proposing a cash dividend of 3.80 yuan per 10 shares, totaling approximately 197.4 million yuan [1][2] - The company's net profit attributable to shareholders for the first half of 2025 was approximately 226.1 million yuan, with undistributed profits of about 3.59 billion yuan on a consolidated basis [1][2] - The profit distribution plan is subject to approval at the company's first extraordinary general meeting of 2025 [1][2] Group 2 - The cash dividend proposal is deemed reasonable, considering the company's industry characteristics, operational conditions, cash flow status, and long-term development plans [2] - The company emphasizes compliance with relevant laws and regulations regarding profit distribution, ensuring the plan aligns with shareholder interests [2]

证券日报网讯 8月22日晚间，京基智农发布公告称，公司于2025年8月22日召开第十一届董事会第三次 会议、第十一届董事会审计委员会第八次会议，审议通过了《关于续聘会计师事务所的议案》，同意续 聘中兴华会计师事务所（特殊普通合伙）为公司2025年度财务报告及内部控制审计机构。 （文章来源：证券日报） ...

证券时报•数据宝统计显示，公司今日公布了半年报，共实现营业收入23.87亿元，同比下降11.61%，实 现净利润2.26亿元，同比下降3.97%，基本每股收益为0.4292元，加权平均净资产收益率为5.2%。 资金面上看，该股今日主力资金净流入618.31万元，近5日主力资金净流出1116.22万元。 两融数据显示，该股最新融资余额为2.51亿元，近5日减少369.41万元，降幅为1.45%。 （原标题：京基智农2025半年度分配预案：拟10派3.8元） 8月22日京基智农发布2025半年度分配预案，拟10派3.8元（含税），预计派现金额合计为1.97亿元。派 现额占净利润比例为87.22%，以该股2025半年度成交均价计算，股息率为2.33%。这是公司上市以来， 累计第11次派现。 | 公司上市以来历次分配方案一览 | | --- | | 日期 | 分配方案 | 派现金额合计（亿元） | 股息率（%） | | --- | --- | --- | --- | | 2025.06.30 | 10派3.8元（含税） | 1.97 | 2.33 | | 2024.12.31 | 10派3.5元（含税） | 1.82 ...

Core Insights - The company reported a revenue of 2.387 billion yuan and a net profit of 226 million yuan for the first half of 2025, with a basic earnings per share of 0.43 yuan [1] - The livestock business remains the core pillar, generating 1.925 billion yuan in revenue, a year-on-year increase of 11.13%, and accounting for 80.67% of total revenue [1] - The company announced a profit distribution plan, proposing a cash dividend of 3.80 yuan per 10 shares, totaling 197 million yuan, reflecting strong shareholder return commitment and confidence in future growth [1] Revenue and Profitability - The company sold 1.0621 million pigs in the first half of 2025, with sales revenue of 1.895 billion yuan, marking a year-on-year increase of 11.65% [1] - The gross margin for the livestock business was 19.84%, up 3.72% year-on-year, indicating strong profitability [1] Market Position and Pricing - The average selling price of commodity pigs exceeded 15 yuan/kg in the first half of the year, significantly higher than the industry average, with July's average price reaching 15.66 yuan/kg [2] - The company's strong market performance is attributed to its deep market penetration in the Greater Bay Area and established industry chain advantages [2] Operational Strategy - The company is actively promoting a light asset operation strategy, expanding its "company + farmer" model and establishing over 12 service departments in the Guangdong region [3] - The cooperative model has led to a high survival rate of 98% among excellent farmers, enhancing breeding efficiency and optimizing capital structure [3] Innovation and Sustainability - The company invested 23.9365 million yuan in R&D, achieving 30 utility model patents, 21 software copyrights, and 3 invention patents [4] - A collaboration with the Guangdong Academy of Agricultural Sciences has led to the development of a bio-fermentation technology that converts pineapple processing waste into high-quality feed, achieving 100% resource utilization [4] - The use of fermented pineapple waste has improved pig weight gain by 5% to 10% and reduced feed costs by over 10 yuan per ton, contributing to cost savings of over 10 million yuan annually [4] Strategic Expansion - The company is exploring new business avenues, including collaborations in the fashion and art sectors, enhancing its long-term growth potential [4]

8月22日晚间，京基智农(000048.SZ)披露2025半年度报告。上半年，公司共实现营业收入23.87亿元，归 母净利润2.26亿元;经营性现金流3.11亿元，整体经营稳中有进。 其中，养殖业务实现营收19.25亿元，同比增长11.13%，占总营收比重达80.67%，主业优势进一步巩 固。报告期内，公司持续推进精细化管理，全面提升管理水平，各项目产能利用率有效提升，为业绩增 长提供有力支撑。 出栏量价双优 盈利空间持续释放 当前我国生猪市场正处于产能与需求博弈的关键时期，政策持续发力加强调控稳定猪价，中小养殖散户 加速出清，头部养殖企业的规模调控与抗风险能力优势越发凸显。而作为近年快速崛起的养猪新秀，京 基智农凭借标准化先进养殖模式与扎根粤港澳大湾区的区位优势，出栏及营收规模稳步提升。 数据显示，今年1-7月京基智农累计出栏生猪126.57万头，累计销售收入22.43亿元，同比增长10.38%;其 中7月生猪出栏20.36万头，环比增长15.42%，同比增长25.76%，为上市猪企中少数实现环比、同比均增 长的企业。 针对生猪价格波动风险，京基智农持续推进降本增效，上半年公司销售费用、财务费用均实现同比大 ...

格隆汇8月22日丨京基智农(000048.SZ)公布半年度报告，营业收入23.87亿元，同比下降11.61%，归属于 上市公司股东的净利润2.26亿元，同比下降3.97%，归属于上市公司股东的扣除非经常性损益的净利润 2.36亿元，同比下降2.41%，向全体股东每10股派发现金红利3.80元。 ...

深圳市京基智农时代股份有限公司 信息披露事务管理制度 第一章 总则 第一条 为提高深圳市京基智农时代股份有限公司（以下简称"公司"）信 息披露工作质量和规范信息披露行为，加强信息披露事务管理，确保信息披露 的公平性，保护投资者合法权益，根据《中华人民共和国公司法》《中华人民 共和国证券法》《上市公司信息披露管理办法》《深圳证券交易所股票上市规 则》《深圳证券交易所上市公司自律监管指引第5号——信息披露事务管理》等 法律法规及《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》"）的有关规定，制定本制度。 第二条 本制度所称"信息"是指将可能对公司证券及其衍生品种交易价格 产生较大影响而投资者尚未得知的重大信息以及相关法律、法规、规范性文件 及中国证监会、深圳证券交易所要求披露的其他信息；"信息披露"是指公司 按照《深圳证券交易所股票上市规则》及本制度的相关规定，通过指定媒体向 社会公开披露信息的行为。 第三条 本制度所称"信息披露义务人"包括：公司及其董事、高级管理人 员、股东或者存托凭证持有人、实际控制人，收购人及其他权益变动主体，重 大资产重组、再融资、重大交易、破产事项等有关各方，为前述主体 ...