Core Viewpoint - The company has successfully completed a property exchange as part of an urban renewal project, which is expected to positively impact its financial performance in 2025 [1][2]. Group 1: Property Exchange Details - The company's wholly-owned subsidiary, Shenzhen Guocai Trading Co., Ltd., had a property in Shenzhen that was included in an urban renewal project, originally covering an area of 3,000.97 square meters with a building area of 3,486.53 square meters [1]. - The company signed a relocation compensation agreement with Shenzhen Hengli Kechuang Industrial Co., Ltd. in April 2019, allowing for a property exchange to receive new premises [1]. Group 2: New Property Assessment - The urban renewal project has been completed, and the company received new properties at Huali Plaza with a total building area of 3,840.23 square meters, including 16 parking space usage rights [2]. - An asset evaluation report from Shenzhen Lixin Asset Appraisal Real Estate Valuation Co., Ltd. valued the new properties at 132.872 million yuan [2]. - The company anticipates an increase in its pre-tax profit by approximately 130.4 million yuan for the fiscal year 2025 based on the asset evaluation results [2].

证券代码：000061 证券简称：农产品 公告编号：2025-069 深圳市农产品集团股份有限公司 关于全资子公司果菜公司获得回迁物业的公告 深圳市果菜贸易有限公司房地产估值报告（深立信咨报字 [2025]027 号）。 特此公告。 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。 一、事项概述 深圳市农产品集团股份有限公司（以下简称"公司"）全资子公 司深圳市果菜贸易有限公司（以下简称"果菜公司"）原位于深圳市 福田区梅华路南梅中路西的一栋物业纳入了城市更新项目，该物业原 占地面积 3,000.97 平方米，建筑面积 3,486.53 平方米，土地用途为工 业用地。2019 年 4 月，果菜公司与城市更新项目的实施主体深圳市 恒利科创实业有限公司（以下简称"恒利公司"）签订了《搬迁补偿 安置协议》及补充协议（以下简称"搬迁安置协议"），约定果菜公 司以产权调换方式获得回迁物业。 价值合计为 13,287.20 万元。 二、对公司的影响 果菜公司按照《企业会计准则》等相关规定，根据上述评估结果 对本次收到的回迁物业进行相应的会计处理，预计将增加公司 2025 年 ...

Core Viewpoint - China Agricultural Products Trading (00149.HK) will hold a board meeting on November 24, 2025, to consider and approve the interim results for the six months ending September 30, 2025, and to discuss the potential distribution of an interim dividend, if any [1] Summary by Category - **Company Performance** - The company will review its interim performance for the six months ending September 30, 2025 [1] - **Dividend Consideration** - The board meeting will also consider the distribution of an interim dividend [1] - **Meeting Schedule** - The board meeting is scheduled for November 24, 2025, which falls on a Monday [1]

Market Overview - The general retail sector increased by 1.38% compared to the previous trading day, with Zhejiang Dongri leading the gains [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Top Performers in General Retail Sector - Zhejiang Dongri (600113) closed at 53.27, up 9.99% with a trading volume of 43,000 lots and a transaction value of 2.28 billion [1] - Agricultural Products (000061) also rose by 9.99% to 9.25, with a trading volume of 378,200 lots and a transaction value of 339 million [1] - Dongbai Group (600693) increased by 9.99% to 8.26, with a trading volume of 106,100 lots [1] - Huijia Times (603101) saw a 6.77% increase to 11.36, with a trading volume of 328,300 lots [1] Underperformers in General Retail Sector - Quanxin Hao (000007) decreased by 6.44% to 9.16, with a trading volume of 319,100 lots and a transaction value of 29.87 million [2] - Ningbo Zhongbai (600857) fell by 5.77% to 17.15, with a trading volume of 155,900 lots [2] - Huitong Energy (600605) dropped by 1.51% to 29.32, with a trading volume of 26,400 lots [2] Capital Flow Analysis - The general retail sector experienced a net outflow of 354 million from institutional investors, while retail investors saw a net inflow of 524 million [2] - The top net inflows from retail investors were observed in Agricultural Products (000061) with 1.05 billion, while the largest outflow was from Yonghui Supermarket with 45.93 million [3] - Zhejiang Dongri had a net inflow of 367.66 million from institutional investors, indicating strong interest despite overall sector outflows [3]

Group 1 - The agricultural processing sector increased by 2.93% on November 11, with Baolingbao leading the gains [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] - Key stocks in the agricultural processing sector showed significant gains, with Baolingbao and COFCO Sugar both rising by 9.99% [1] Group 2 - The agricultural processing sector saw a net inflow of 448 million yuan from main funds, while retail investors experienced a net outflow of 208 million yuan [2] - Major stocks like COFCO Sugar and Baolingbao had varying net inflows and outflows from different investor categories, indicating mixed investor sentiment [3] - The trading volume and turnover for leading stocks in the sector were substantial, with COFCO Sugar achieving a turnover of 1.021 billion yuan [1][2]

Core Insights - The "Agricultural Product Wholesale Price 200 Index" decreased by 0.01 points to 125.57 on November 11, indicating a slight decline in overall agricultural product prices [1] - The "Vegetable Basket" product wholesale price index increased by 0.01 points to 127.67, suggesting a minor increase in vegetable prices [1] Price Changes in Key Products - Average pork price: 18.11 CNY/kg, down 0.1% from yesterday [1] - Average beef price: 66.80 CNY/kg, up 0.2% from yesterday [1] - Average lamb price: 62.89 CNY/kg, down 0.1% from yesterday [1] - Average egg price: 7.43 CNY/kg, up 1.1% from yesterday [1] - Average white strip chicken price: 17.76 CNY/kg, down 1.1% from yesterday [1] - Average price of 28 monitored vegetables: 5.76 CNY/kg, down 0.5% from yesterday [1] - Average price of 6 monitored fruits: 7.03 CNY/kg, down 0.3% from yesterday [1] - Average prices for fish: - Crucian carp: 19.34 CNY/kg, up 0.5% [1] - Carp: 13.99 CNY/kg, up 0.6% [1] - White catfish: 10.25 CNY/kg, up 0.7% [1] - Large hairtail: 40.11 CNY/kg, down 0.2% [1] Price Fluctuations in Specific Vegetables - Top five price increases among 46 monitored varieties: - Scallion: up 2.2% - White cabbage: up 2.0% - Winter melon: up 1.8% - Garlic: up 1.8% - Cabbage: up 1.7% [2] - Top five price decreases: - Asparagus lettuce: down 4.1% - Spinach: down 3.5% - Oilseed rape: down 3.2% - Lettuce: down 2.9% - Cauliflower: down 2.6% [2]

Market Overview - As of 10:29 AM today, the Shanghai Composite Index is at 4006.65 points, slightly below the five-day moving average with a change of -0.30% [1] - The total trading volume of A-shares today is 915.99 billion [1] Stock Performance - A total of 527 A-shares have surpassed the five-day moving average, with notable stocks showing significant deviation rates including: - Delong Holdings (德龙汇能) at 8.11% - Victory Shares (胜利股份) at 7.83% - Agricultural Products (农产品) at 7.65% [1] - Other stocks with smaller deviation rates that have just crossed the five-day moving average include: - Koyuan Wisdom (科远智慧) - Hongyuan Electronics (鸿远电子) - Hitec High-tech (海特高新) [1] Notable Stocks with Deviation Rates - The following stocks have the highest deviation rates from their five-day moving averages: - Delong Holdings (德龙汇能): 8.11% deviation, latest price 10.96 yuan, five-day moving average 10.14 yuan [1] - Victory Shares (胜利股份): 7.83% deviation, latest price 4.16 yuan, five-day moving average 3.86 yuan [1] - Agricultural Products (农产品): 7.65% deviation, latest price 9.23 yuan, five-day moving average 8.57 yuan [1] - Additional stocks with notable performance include: - Guodian Network (广电网络): 7.42% deviation - Wanlima (万里马): 6.96% deviation [1]

Core Viewpoint - The Chicago Mercantile Exchange saw a rise in corn, wheat, and soybean prices on November 10, driven by supply uncertainties and the resumption of U.S. government operations, which will lead to the release of agricultural market data [1] Group 1: Price Movements - On November 10, the most actively traded December corn contract closed at $4.30 per bushel, up 2.5 cents or 0.59% from the previous trading day [1] - The December wheat contract closed at $5.36 per bushel, increasing by 8 cents or 1.52% [1] - The January 2026 soybean contract settled at $11.30 per bushel, rising by 13 cents or 1.16% [1] Group 2: Export Inspection Reports - The USDA reported that for the week ending November 6, corn export inspections totaled 56 million bushels, soybean inspections were 40 million bushels, and wheat inspections reached 10.7 million bushels [1] - Cumulative corn export inspections for the current crop year stand at 540.3 million bushels, an increase of 21.4 million bushels year-on-year [1] - Cumulative soybean export inspections are at 32.7 million bushels, a decrease of 23.6 million bushels year-on-year, while cumulative wheat inspections are at 445.2 million bushels, an increase of 7.16 million bushels year-on-year [1]

Core Insights - The Ministry of Agriculture and Rural Affairs of China has released an analysis of the supply and demand situation for agricultural products in November 2025, indicating adjustments in production forecasts for corn and cotton while maintaining estimates for edible vegetable oil and sugar [1] Corn - The forecast for China's corn production in the 2025/26 season has been raised to 30 million tons from the previous estimate of 29.616 million tons, with imports for the 2024/25 season reduced to 1.83 million tons [1][2] - Factors contributing to the positive outlook include ample market supply, improved profitability for deep processing enterprises, and strong demand for feed consumption due to high livestock inventory [1] Soybeans - The soybean production forecast for 2025/26 has been slightly adjusted down to 20.9 million tons from 21.09 million tons, with good weather conditions in Northeast China leading to higher yields, while adverse weather in other regions has caused slight declines [2] - The total import of soybeans for the 2024/25 season is estimated at 10.937 million tons, with exports at 80,000 tons [2] Cotton - The cotton production forecast for 2025/26 has been increased to 6.6 million tons from 6.36 million tons, with the yield per hectare raised from 2,211 kg to 2,251 kg, reflecting favorable growing conditions [3] - As of November 6, the cotton picking progress reached 95.3%, up 1.3 percentage points year-on-year, with a sales rate of 18.3%, an increase of 12.2 percentage points [3] Edible Vegetable Oil - The production estimate for edible vegetable oil in 2024/25 is 31.32 million tons, an increase of 560,000 tons from the previous year, primarily due to higher production of soybean and peanut oil [5] - For 2025/26, the production estimate remains stable at 30.69 million tons, with slight reductions in peanut oil production due to lower yield expectations [6] Sugar - The total sugar production for the 2024/25 season is projected at 11.16 million tons, an increase of 1.2 million tons from the previous year, with an average price of 5,993 yuan per ton, reflecting a decrease of 498 yuan or 7.7% year-on-year [6] - The forecast for the sugar supply and demand situation for 2025/26 remains unchanged, with ongoing monitoring of the impact of adverse weather conditions on sugar beet and cane production [6]

Core Insights - The article discusses the legislative protection of "Zhanhua winter jujube" and other local agricultural products in Shandong province to promote their development and brand recognition [1][2] Group 1: Legislative Developments - The "Zhanhua winter jujube" brand has seen a sales increase of nearly 20%, approaching 30 million yuan, attributed to brand establishment and standardization efforts [1] - A proposal for the "Binzhou Winter Jujube Industry Development Promotion Regulations" was submitted to the Binzhou Municipal People's Congress in January 2024, leading to the initiation of legislative work [1] - The regulations were passed on June 24, 2025, and approved by the provincial legislature on July 31, 2025, providing a legal framework for the protection of the "Zhanhua winter jujube" brand [1][2] Group 2: Economic Impact - The new regulations are expected to enhance the standardized development of the winter jujube industry, providing a protective barrier for farmers and boosting their confidence [2] - The article highlights the broader trend of local specialties receiving legislative protection, contributing to the promotion of regional brands like "Good Products of Shandong" [2] - In Zaozhuang, the "Zaozhuang Pomegranate Industry Development Regulations" were approved on September 26, 2024, with implementation starting on December 1, 2024, facilitating investment and enhancing the pomegranate industry's value to 4.8 billion yuan [2]