Core Points - A new individual business named "Phoenix County Mountain Delicacies and Local Products Store" has been established, with a registered capital of 100,000 RMB [1] - The legal representative of the business is Dong Yanxing [1] Business Scope - The business is authorized to engage in food sales, poultry farming, liquor sales, and retail of tobacco products, subject to necessary approvals [1] - General projects include internet sales (excluding licensed goods), sales of pre-packaged food, health food sales, and various agricultural product sales [1] - The store will also retail fresh vegetables, fruits, meat, eggs, and traditional Chinese medicine, among other items [1]

Group 1: Investment Strategy - The company has been expanding its market presence through new establishments and acquisitions, with 35 physical agricultural logistics park projects in over 20 major cities across the country [1] - The company plans to continue investing in quality projects to enhance its core competitiveness and profitability [1] Group 2: Brand Development - The company is focused on developing the "Haijixing" brand, transitioning from traditional distribution to a smart ecological model, which aims to improve operational efficiency and service capabilities [2] - Over 90 "Deep Agricultural Selection" products have been developed, enhancing brand image and product value [2] Group 3: Urban Renewal and Collaborations - The urban renewal project at the Buji market is progressing, with the draft legal plan completed and under review [2] - A strategic cooperation agreement has been signed with Feige Group to explore future collaboration opportunities in agricultural production and tourism integration [2] Group 4: Employee Stock Ownership and Dividend Strategy - The 2024 employee stock ownership plan will allow stock transfer to individual accounts or management committee sales based on market conditions [2] - The company emphasizes a stable profit distribution policy, considering various factors such as profitability, cash flow, and investment needs when formulating its dividend strategy [3] Group 5: Market Value Management - The company is committed to enhancing shareholder returns by transitioning to a modern agricultural product distribution model and improving operational efficiency across the entire industry chain [3]

Core Viewpoint - The U.S. President Trump signed an executive order on November 20, 2023, to exempt certain Brazilian agricultural products from punitive import tariffs, indicating a shift in trade relations with Brazil [1] Group 1: Tariff Exemptions - The exempted products include coffee, beef, tea, fruits, nuts, spices, and fertilizers, covering approximately 250 items under eight-digit customs codes [1] - The tariff adjustment took effect from November 13, 2023, and the U.S. Customs and Border Protection will refund tariffs collected after this date [1] Group 2: Negotiations and Background - Trump mentioned a phone call with Brazilian President Lula on October 6, where they agreed to negotiate concerning trade issues, with ongoing discussions showing preliminary progress [1] - Previously, on July 30, Trump signed multiple executive orders accusing the Brazilian government of "political persecution" against former President Bolsonaro, leading to a 40% tariff on Brazilian imports starting August 6 [1] - Additionally, on November 14, Trump signed an order to cease certain "reciprocal tariffs" on specific agricultural products from November 13 [1]

本作物年度，美国小麦累计出口销量5.45亿蒲式耳，比去年同期增加1.08亿蒲式耳；玉米累计出口销量 11.57亿蒲式耳，同比增加4.62亿蒲式耳；大豆累计出口销量4.7亿蒲式耳，同比减少2.65亿蒲式耳。 美国农业部将于25日发布下一份每周出口销售报告，届时将公布截至10月9日当周的美国销售数据。 新华财经纽约11月20日电（记者徐静）芝加哥期货交易所（CBOT）玉米、小麦和大豆期价20日全线下 跌。 当天，芝加哥期货交易所玉米市场交投最活跃的2026年3月合约收于每蒲式耳4.4150美元，比前一交易 日下跌8.00美分，跌幅为1.78%；小麦2026年3月合约收于每蒲式耳5.4150美元，比前一交易日下跌8.00 美分，跌幅为1.46%；大豆2026年1月合约收于每蒲式耳11.2300美元，比前一交易日下跌13.25美分，跌 幅为1.17%。 受贸易需求放缓影响，芝加哥期货交易所农产品期价当日下跌，未能维持早盘上涨。由于美国小麦、豆 粕和大豆价格居高不下，交易员不愿追涨。美国大豆价格已使其在全球市场中处于劣势。再加上市场抛 售，芝加哥期货交易所农产品期价正承受压力。 美国农业部20日发布的出口销量报告显示， ...

（文章来源：每日经济新闻） 每经AI快讯，当地时间11月20日，芝加哥期货交易所（CBOT）农产品期货主力合约收盘全线下跌，大 豆期货跌1.17%报1123.00美分/蒲式耳，玉米期货跌0.85%报437.75美分/蒲式耳，小麦期货跌1.50%报 541.25美分/蒲式耳。 ...

（文章来源：每日经济新闻） 每经AI快讯，当地时间11月20日，洲际交易所（ICE）农产品期货主力合约收盘多数上涨，原糖期货涨 0.14%报14.68美分/磅，棉花期货持平于63.78美分/磅，可可期货涨2.96%报5255.00美元/吨，咖啡期货涨 0.36%报376.20美分/磅。 ...

美国将免除部分巴西农产品的40%关税。 ...

墨西哥集团及主要农产品贸易商关注阿根廷米莱政府的铁路私有化计划。 ...

从资金流向上来看，当日农产品加工板块主力资金净流入2399.18万元，游资资金净流出3092.54万元，散 户资金净流入693.36万元。农产品加工板块个股资金流向见下表： 证券之星消息，11月20日农产品加工板块较上一交易日下跌0.71%，*ST佳沃领跌。当日上证指数报收于 3931.05，下跌0.4%。深证成指报收于12980.82，下跌0.76%。农产品加工板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600191 | 华资实业 | 10.45 | 10.00% | 10.31万 | 1.06亿 | | 000505 | 京粮控股 | 7.69 | 6.51% | 79.94万 | 6.16亿 | | 603182 | 喜华股份 | 16.18 | 1.76% | 3.14万 | 5028.45万 | | 000019 | 深粮控股 | 7.39 | 1.23% | ﺏ 31.44万 | 2.30亿 | | 600962 | 国投中鲁 | 20.29 | 0.95% ...

Group 1: Agricultural Product Prices - The national market prices for edible agricultural products remained stable from November 10 to 16 compared to the previous week [1] - Wholesale prices for grains and oils were generally stable, with rice and rapeseed oil unchanged, while soybean oil and peanut oil decreased by 0.2% and 0.1% respectively, and flour increased by 0.2% [1] - Poultry product wholesale prices showed slight fluctuations, with eggs decreasing by 0.3% and white feathered chicken increasing by 0.2% [1] - Meat wholesale prices experienced minor changes, with pork priced at 18.42 yuan per kilogram, down by 1.0%, while beef remained stable and lamb increased by 0.3% [1] - The average wholesale price of 30 types of vegetables was 5.67 yuan per kilogram, down by 0.4%, with cauliflower, rapeseed, and broccoli decreasing by 7.8%, 7.6%, and 4.9% respectively [1] - Wholesale prices for aquatic products slightly declined, with crucian carp, silver carp, and grass carp decreasing by 1.4%, 0.5%, and 0.1% respectively [1] Group 2: Fruit Prices - The average wholesale prices for six types of fruits saw a slight increase, with watermelon, grapes, and pears rising by 3.7%, 1.0%, and 0.2% respectively [2]