Core Viewpoint - Guangdong Guanghong Holdings Co., Ltd. has announced its 2024 annual profit distribution plan, which was approved at the shareholders' meeting held on May 29, 2025, detailing a cash dividend distribution to shareholders based on the company's total share capital [1][2]. Summary by Sections Profit Distribution Plan - The profit distribution plan involves a cash dividend of 1.20 RMB per 10 shares for all shareholders, based on a total share capital of 583,790,330 shares [1]. - For overseas institutions and certain individual shareholders, the cash dividend will be 1.08 RMB per 10 shares after tax deductions [1]. Key Dates - The record date for the dividend distribution is set for June 26, 2025, and the ex-dividend date is June 27, 2025 [2]. Eligible Shareholders - The distribution will be made to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch, as of the record date [2]. Distribution Method - The company will bear all legal responsibilities for any shortfall in cash dividends due to a decrease in the number of shares held by shareholders during the distribution application period [2]. Consultation Information - Shareholders can contact the company's board secretary office for inquiries regarding the distribution [2].

证券代码：000529 证券简称：广弘控股 公告编号：2025-19 广东广弘控股股份有限公司 2024 年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。 广东广弘控股股份有限公司（以下简称"公司"）2024年年度权益分派方案 已获公司2025年5月29日召开的2024年度股东大会审议通过，现将权益分派事宜 公告如下： 一、股东大会审议通过利润分派方案情况 1.公司2024年度利润分配方案已获得2025年5月29日召开的2024年度股东大 会审议通过。具体内容为：以公司总股本583,790,330股为基数，向全体股东每 10股派1.20元人民币现金（含税），共计分配现金红利70,054,839.60元，不送 股，也不实施公积金转增股本。 2.本次实施的分配方案自披露至实施期间，公司股本总额未发生变化。 3.本次实施的分配方案与股东大会审议通过的分配方案及其调整原则一致。 若实施前公司总股本发生变动的，公司将按照分配总额不变的原则对分配比例进 行调整。 差别化税率征收，本公司暂不扣缴个人所得税，待个人转让股票时，根据其持股 期限计算应纳税额 ...

Core Viewpoint - The rapid development of the private equity investment sector has led to A-share listed companies engaging in various forms of private equity investments to discover and incubate quality targets within their industry and supply chains, while also expanding their investment paths. CVC funds led by listed companies have become a crucial force in the private equity market, but they face scrutiny due to potential conflicts of interest and regulatory restrictions, particularly after the implementation of the "Private Investment Fund Registration and Filing Measures" on May 1, 2023 [1][14]. Pathways for Establishing Private Fund Managers - A total of 16 private fund managers related to A-share listed companies have been approved by the Asset Management Association of China (AMAC) from May 1, 2023, to May 1, 2025. These include 1 wholly-owned subsidiary, 4 controlled by listed companies, 10 directly or indirectly invested by listed companies, and 1 established by the actual controller of a listed company [2]. Pathway One: Wholly Owned Establishment - Listed companies can establish private fund managers wholly owned by themselves. This pathway is subject to strict regulatory scrutiny due to the potential classification as "quasi-financial" businesses [3][6]. Pathway Two: Controlling Establishment - Listed companies can also establish controlling private fund managers where they hold more than 50% of the shares. However, this pathway has seen limited success due to regulatory concerns, with only 4 such managers registered since the new regulations [3][4]. Pathway Three: Joint Establishment with Third Parties - This pathway involves listed companies partnering with third parties to establish private fund managers, where the listed company acts as a financial or strategic investor. This has proven to be a more viable option, with 10 managers established under this model since the new regulations [4][5]. Pathway Four: Establishment by Actual Controllers - Actual controllers of listed companies can establish private fund managers directly. This pathway is less restricted, provided that the listed company does not directly invest in the fund manager [6][10]. Compliance Points for Each Pathway - Pathways one and two face stricter regulatory requirements due to the direct control by listed companies, necessitating good financial health and adherence to internal decision-making and disclosure procedures [7][8]. - Pathway three requires careful attention to the legitimacy of the investment purpose and compliance with disclosure obligations, especially regarding related party transactions [10][11]. - Pathway four mandates that the actual controller disclose their relationship with the fund manager and comply with related party transaction regulations if the listed company invests in the fund [12][13]. Risk Prevention Measures - Listed companies and their affiliates must be vigilant against risks such as insider trading, conflicts of interest, and the misuse of non-public information. Establishing robust internal controls and compliance mechanisms is essential to mitigate these risks [12][13]. Conclusion - The article summarizes four pathways for listed companies to establish private fund managers, highlighting the regulatory landscape and compliance requirements. The core controversy revolves around the "quasi-financial" risks associated with these activities, emphasizing the need for a balance between industrial investment demands and financial regulatory boundaries. Future policies may exhibit flexibility, recognizing the value of supporting the real economy while preventing unchecked capital expansion [14].

证券代码：000529 证券简称：广弘控股 公告编号：2025-18 广东广弘控股股份有限公司 三、备查文件 关于广弘控股总部经济大楼物业整体挂牌招租事项的进展公告 1、《租赁合同签约通知书》 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。 以上事项详细情况请参见本公司刊登在巨潮资讯网 （http://www.cninfo.com.cn/）、中国证券报、证券时报、证券日报的相关公告（公告 编号：2025-02）。 二、交易进展情况 2025年5月30日，公司收到文交所发来的《租赁合同签约通知书》，确认承租方为深 圳市中创盈科集团有限公司。公司将按文交所要求的时间与承租方签署《租赁合同》。 公司将根据该事项进展情况及时履行信息披露义务。 一、交易概述 为优化资源配置，提升公司位于广州市天河区广州大道北520号广弘控股总部经济大 楼项目（以下简称：总部经济大楼）的整体商业价值，公司于2024年12月31日召开2024年 第七次临时董事会会议，审议通过了《关于广弘控股总部经济大楼整体挂牌招租事项的议 案》，同意公司根据中联国际房地产土地资产评估咨询（广东）有限公司的 ...

二〇二五年五月 广东广信君达律师事务所 关于广东广弘控股股份有限公司 2024 年度 股东大会的法律意见书 法律意见书 地址：广东省广州市天河区珠江新城珠江东路 6 号广州周大福金融中心 29 层、10 层 电话（Tel）：020-37181333 网址（Website）：www.etrlawfirm.com 传真（Fax）：020-37181388 邮编（P.C）：510623 第 1 页/共 10 页 法律意见书 广东广信君达律师事务所 关于广东广弘控股股份有限公司 2024 年度股东大会的 法律意见书 致：广东广弘控股股份有限公司 广东广信君达律师事务所（以下称"本所"）接受广东广弘控股股份有限公 司（以下简称"广弘控股"或"贵司"）的委托，指派梁文琳律师和孙健为律师 出席贵司 2024 年度股东大会（以下简称"本次股东大会"），并依据我国现行 有效的法律法规，就本次股东大会的召集与召开程序、召集人与出席会议人员的 资格、会议表决程序与表决结果等相关事项出具本法律意见。 一、本所出具法律分析意见的主要法律依据： 二、本所为出具本法律意见书审阅的相关文件资料，包括： 1.《广东广弘控股股份有限公司关于召开 ...

证券代码：000529 证券简称：广弘控股 公告编号：2025-17 广东广弘控股股份有限公司 2024 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.本次股东大会无否决议案的情形。 2.本次股东大会不涉及变更前次股东大会决议的情形。 一、会议召开和出席情况 1.会议召开情况： 召开时间：（1）现场会议召开时间：2025年5月29日下午15：00 （2）网络投票时间为：2025 年 5 月 29 日 通过深圳证券交易所（以下简称：深交所）交易系统进行网络投票的具体时 间为2025年5月29日上午9:15—9:25,9:30至11:30，下午13:00至15:00；通过深 圳证券交易所互联网投票系统投票的时间为2025年5月29日上午9:15至2025年5 月29日下午15:00任意时间。 召开地点：广东省广州市东风中路 437 号越秀城市广场南塔 37 楼公司会议 室 召开方式：现场投票表决与网络投票相结合方式召开 召集人：广东广弘控股股份有限公司董事会 主持人：公司董事长蔡飚 会议通知及相关文件刊登在 2025 年 4 ...

Group 1: Future Development Directions - Guanghong Holdings aims to establish an integrated food industry sector encompassing "seed research and development + food processing + smart cold chain" [2] - The 2025 poultry business development goals focus on "stabilizing market conditions, optimizing product structure, and extending the industrial chain" [3] Group 2: Business Expansion and Product Development - The company plans to enter the poultry slaughtering sector and expand sales of fresh chicken, targeting large institutional clients and retail channels [3] - The 2025 target for live pig output is set between 800,000 to 1,000,000 heads, achieved through leasing, cooperation, and acquisitions [6] Group 3: Financial Performance and Dividend Policy - The 2024 profit distribution plan proposes a cash dividend of 1.20 CNY per 10 shares, totaling 70.05 million CNY, with a payout ratio of 57.53%, an increase of 16.39 percentage points from the previous year [6] - The cumulative cash dividends over the last three years amount to 245 million CNY, representing 58.78% of the average net profit during the same period [6] Group 4: Technological Innovations and Safety Measures - The company has upgraded its biosecurity measures, reducing disease testing time from 2-3 days to 1 day and adding 10 new food safety testing items [3] - The "Provincial Cold Chain" smart management system enhances logistics efficiency and customer satisfaction through data analysis and service improvements [4] Group 5: Market Position and Competitive Advantages - Guanghong Holdings has established itself as a leader in poultry breeding in South China, with a focus on technological innovation and partnerships with educational institutions [10] - The company has achieved a 100% repurchase rate for the Huangma No. 4 rooster, showcasing its success in new breed promotion [7]

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。 广东广弘控股股份有限公司（以下简称"公司"）已于 2025 年 4 月 28 日 在巨潮资讯网上披露了《2024 年年度报告全文》及《2024 年年度报告摘要》。 为便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定 于 2025 年 5 月 19 日（星期一）15:00-16:00 在"价值在线"（www.ir-online.cn） 举办广东广弘控股股份有限公司 2024 年度网上业绩说明会，与投资者进行沟通 和交流，广泛听取投资者的意见和建议。 一、业绩说明会召开的时间、地点和方式 会议召开时间：2025 年 5 月 19 日（星期一）15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 二、参加人员 证券代码：000529 证券简称：广弘控股 公告编号：2025-16 广东广弘控股股份有限公司 关于举办 2024 年度网上业绩说明会的公告 出席本次业绩说明会的人员有：公司董事、总经理缪安民先生，董事、副总 经理、财务负责人夏斌先生， ...

[Table_Summary] 事件概述 证券研究报告|公司点评报告 [Table_Date] 2025 年 04 月 30 日 [Table_Title] 现金分红比例持续增高，养殖业务未来可期 [Table_Title2] 广弘控股(000529) | [Table_DataInfo] 评级： | 增持 | 股票代码： | 000529 | | --- | --- | --- | --- | | 上次评级： | 增持 | 52 周最高价/最低价： | 8.2/4.76 | | 目标价格： | | 总市值(亿) | 35.03 | | 最新收盘价： | 6 | 自由流通市值(亿) | 34.19 | | | | 自由流通股数(百万) | 569.88 | 公司发布 2024 年年报，报告期内，公司实现营业收入 23.36 亿元，同比-16.29%；实现归母净利润 1.22 亿元， 同比-42.79%。2025Q1，公司实现营业收入 5.09 亿元，同比-8.54%；实现归母净利润 0.14 亿元，同比增长 1.70%。 分析判断: ► 主业稳定，公司近三个会计年度累计分红总额为 2.45 亿元 2024 年 ...

Investment Rating - The investment rating for the company is "Accumulate" [1] Core Views - The company has shown a stable main business with a total cash dividend of 245 million yuan over the last three accounting years, indicating a commitment to returning value to shareholders [3] - The frozen products business remains the primary revenue source, contributing 82.64% of total revenue in 2024, although it has seen a decline in revenue [4] - The livestock farming business is expected to expand, with projected annual output increasing to 870,000 pigs by 2025, which could enhance the company's performance [6][7] Summary by Sections Financial Performance - In 2024, the company achieved operating revenue of 2.336 billion yuan, a year-on-year decrease of 16.29%, and a net profit attributable to shareholders of 122 million yuan, down 42.79% [2] - The first quarter of 2025 saw operating revenue of 509 million yuan, a decrease of 8.54%, but net profit increased by 1.70% to 14 million yuan [2] Business Segments - The frozen products segment generated 1.930 billion yuan in revenue in 2024, down 20.66% year-on-year, while the cold storage business contributed 91 million yuan, down 6.35% [3] - The livestock farming segment reported revenue of 177 million yuan, a decrease of 4.66%, but its revenue share increased by 0.92 percentage points [3] Dividend Policy - The company plans to distribute a cash dividend of 1.20 yuan per 10 shares, totaling 70.05 million yuan, with a payout ratio of 57.53% for 2024 [3] Future Projections - Revenue forecasts for 2025-2027 are 2.530 billion yuan, 2.788 billion yuan, and 2.813 billion yuan, respectively, with net profits expected to rise to 211 million yuan, 265 million yuan, and 302 million yuan [7] - The earnings per share (EPS) are projected to be 0.36 yuan, 0.45 yuan, and 0.52 yuan for the years 2025, 2026, and 2027, respectively [7]