Market Overview - The feed sector experienced a decline of 0.52% on January 16, with Aonong Biological leading the drop [1] - The Shanghai Composite Index closed at 4101.91, down 0.26%, while the Shenzhen Component Index closed at 14281.08, down 0.18% [1] Individual Stock Performance - The top gainers in the feed sector included: - Jinxinnong (002548) with a closing price of 6.40, up 4.07% on a trading volume of 612,000 shares and a turnover of 1.76 million [1] - Just Update (001313) with a closing price of 7.70, up 4.19% on a trading volume of 251,200 shares and a turnover of 191 million [1] - The top decliners included: - Aonong Biological (603363) with a closing price of 4.16, down 1.65% on a trading volume of 623,800 shares and a turnover of 261 million [2] - Tiankang Biological (002100) with a closing price of 7.07, down 1.26% on a trading volume of 247,400 shares and a turnover of 176 million [2] Capital Flow Analysis - The feed sector saw a net outflow of 71.01 million from institutional investors, while retail investors contributed a net inflow of 31.24 million [2] - The capital flow for individual stocks showed: - Jinxinnong (002548) had a net inflow of 21.44 million from institutional investors, but a net outflow of 26.24 million from retail investors [3] - Just Update (001313) had a net inflow of 20.81 million from institutional investors, with a net outflow of 25.93 million from retail investors [3]

Group 1 - The feed sector experienced a slight increase of 0.13% on January 15, with Lude Technology leading the gains [1] - The Shanghai Composite Index closed at 4112.6, down 0.33%, while the Shenzhen Component Index closed at 14306.73, up 0.41% [1] - Key stocks in the feed sector showed varied performance, with Lude Technology closing at 17.62, up 1.91%, and Tangrenshen closing at 4.40, down 0.23% [1] Group 2 - The feed sector saw a net outflow of 116 million yuan from institutional investors, while retail investors contributed a net inflow of 116 million yuan [2] - The trading volume for Lude Technology was 27,000 hands, with a transaction amount of 46.9584 million yuan [1] - The stock performance of major companies included Hada Group with a closing price of 53.63, up 1.15%, and Petty Co. with a closing price of 18.75, down 2.09% [2][3] Group 3 - The net inflow from retail investors for TianKang Biological was 17.1 million yuan, while the net outflow from institutional investors was 18.4821 million yuan [3] - The net inflow for GuaiBao Pet was 6.3998 million yuan from institutional investors, while it faced a net outflow of 10.7891 million yuan from retail investors [3] - The overall sentiment in the feed sector indicates mixed investor behavior, with some stocks attracting retail interest while others faced institutional selling pressure [2][3]

证券代码：000702 证券简称：正虹科技 公告编号：2026-002 湖南正虹科技发展股份有限公司 关于办公场所迁址的公告 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。 湖南正虹科技发展股份有限公司（以下简称"公司"）因经营发展需要，已 于近日迁至新办公地址，现将新办公地址及联系方式等信息公告如下： 公司地址：湖南省岳阳市云溪区云港路199号 电话：0730—8828198 特此公告。 湖南正虹科技发展股份有限公司董事会 2026年1月12日 传真：0730—8826828 电子邮箱：dms@chinazhjt.com.cn 邮政编码：414000 ...

Core Insights - The feed sector experienced a rise of 0.74% on January 9, with Baiyang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4120.43, up 0.92%, while the Shenzhen Component Index closed at 14120.15, up 1.15% [1] Feed Sector Performance - Baiyang Co., Ltd. (002696) closed at 7.40, with a gain of 4.52% and a trading volume of 212,900 shares, amounting to a transaction value of 154 million yuan [1] - Tianma Technology (603668) closed at 17.05, up 2.40%, with a trading volume of 206,300 shares and a transaction value of 348 million yuan [1] - Dabeinong (002385) closed at 4.08, up 0.99%, with a trading volume of 983,400 shares and a transaction value of 400 million yuan [1] - Haida Group (002311) closed at 53.51, up 0.98%, with a trading volume of 94,800 shares and a transaction value of 501 million yuan [1] - Other notable companies include Jinxinnong (002548), Hefeng Co., Ltd. (603609), and Petty Co., Ltd. (300673), with respective closing prices and gains [1] Capital Flow Analysis - The feed sector saw a net outflow of 9.33 million yuan from main funds, while retail funds experienced a net inflow of 30.09 million yuan [2] - Dabeinong had a main fund net inflow of 42.81 million yuan, while Haida Group saw a net outflow of 60.89 million yuan from retail investors [3] - Baiyang Co., Ltd. had a main fund net inflow of 16.28 million yuan, with retail investors also showing a net outflow [3]

Group 1 - The core point of the article is that Zhenghong Technology (000702) reported a significant decline in pig sales and revenue for December 2025 compared to previous periods [1] Group 2 - In December 2025, the company sold 0.27 million pigs, with sales revenue of 1.3785 million yuan, representing a month-on-month decrease of 32.68% in sales volume and 69.50% in revenue [1] - Year-on-year comparisons show a drastic decline, with sales volume down 91.74% and revenue down 98.11% [1] - For the entire year of 2025, the company sold a total of 114.9 thousand pigs, generating cumulative sales revenue of 153.0862 million yuan, which reflects a year-on-year increase of 7.90% in sales volume but a decrease of 24.35% in revenue [1]

Group 1 - Jinli Permanent Magnet expects a net profit of 660 million to 760 million yuan for 2025, representing a year-on-year growth of 127% to 161% [1] - Wens Foodstuffs anticipates a net profit of 5 billion to 5.5 billion yuan for 2025, a decrease of 40.73% to 46.12% compared to the previous year [2] - New Open Source plans to repurchase shares worth 40 million to 50 million yuan, with a maximum repurchase price of 25.77 yuan per share [3] Group 2 - Fosun Pharma's subsidiary has had a drug registration application accepted for a new drug targeting ALK-positive non-small cell lung cancer [4] - Leike Film reported a net profit of -86 million yuan for the first three quarters of 2025, indicating a potential annual loss [5] - Crown Stone Technology's application for a specific issuance of A-shares has been accepted by the Shanghai Stock Exchange [6] Group 3 - Dongxin Technology has completed the business registration change for its subsidiary, Lishuan Technology, and has invested 211 million yuan in it [7] - Tianci Materials has increased its commodity futures hedging business limit from 150 million to 300 million yuan [8] - Gaode Infrared's actual controller has reduced his shareholding by 0.54%, bringing his stake down to 62.95% [9] Group 4 - Tianyong Intelligent expects a net profit of 10 million to 15 million yuan for 2025, marking a turnaround from losses [10][11] - China Merchants Energy anticipates a net profit of 6 billion to 6.6 billion yuan for 2025, an increase of 17% to 29% year-on-year [18] - Guangdong Electric Power A's Huizhou Power Plant's Unit 5 has been put into commercial operation, with an investment of 8.05 billion yuan [19] Group 5 - Jianghuai Automobile reported a 42.24% year-on-year increase in sales volume for December 2025 [25] - China Pharmaceutical's subsidiary has received a drug registration certificate for a new medication [26] - TianNeng Co. plans to use up to 12 billion yuan of its own funds for entrusted wealth management [27] Group 6 - Luoyang Huizhong reported a 10.55% month-on-month decrease in sales revenue from live pigs for December 2025 [28] - Baolidi expects a net profit of 145 million to 152 million yuan for 2025, a year-on-year increase of 27.17% to 33.30% [30] - Changchun High-tech's subsidiary has had a melatonin granule registration application accepted [31] Group 7 - Zhongmin Energy reported a 4.46% year-on-year decrease in cumulative on-grid electricity for 2025 [32] - Huaxin Electronics reported a 7.79% year-on-year decrease in consolidated operating revenue for December 2025 [35] - Xiamen Airport reported a 2.79% year-on-year increase in passenger throughput for December 2025 [36] Group 8 - Baiyun Airport reported a 12.27% year-on-year increase in passenger throughput for December 2025 [37] - Pulaike has received a new veterinary drug registration certificate for a chewable tablet [38] - Yunnan Energy Holdings' subsidiary has reduced its stake to 84% after a capital increase [39] Group 9 - Gansu Energy Chemical's new thermal power project has successfully completed trial operation [41] - Zhenghong Technology reported a significant decrease in sales revenue from live pigs for December 2025 [42] - Huasheng Lithium Battery is planning to issue H-shares for listing on the Hong Kong Stock Exchange [43] Group 10 - Jincheng Mining has signed a mining production contract with an estimated total price of approximately 510 million yuan [44] - Microchip Biotech has received approval for clinical trials of a new drug for pancreatic cancer [45] - Yahon Pharmaceutical has completed the first patient enrollment for a Phase I clinical trial of its drug [46]

Core Viewpoint - Zhenghong Technology (000702) reported a significant decline in pig sales and revenue for December 2025, indicating potential challenges in the company's performance and market conditions [1] Group 1: December 2025 Sales Performance - The company sold 0.27 thousand pigs in December 2025, representing a month-on-month decrease of 32.68% [1] - The sales revenue for December 2025 was 1.3785 million yuan, reflecting a month-on-month decline of 69.50% [1] - Year-on-year comparisons show a drastic reduction in both sales volume and revenue, with decreases of 91.74% and 98.11% respectively [1] Group 2: Annual Sales Performance (2025) - For the entire year of 2025, the company sold a total of 114.9 thousand pigs, which is a year-on-year increase of 7.90% [1] - The cumulative sales revenue for 2025 was 15.3 million yuan, showing a year-on-year decrease of 24.35% [1]

Core Viewpoint - Zhenghong Technology (000702.SZ) reported a significant decline in both sales volume and revenue from live pigs in December 2025 compared to previous periods, indicating potential challenges in the company's performance and market conditions [1]. Sales Performance - In December 2025, the company sold 0.27 thousand live pigs, with sales revenue of 1.3785 million yuan, representing a month-on-month decrease of 32.68% in volume and 69.50% in revenue [1]. - Year-on-year comparisons show a drastic decline, with sales volume down 91.74% and revenue down 98.11% [1]. Annual Performance - For the entire year of 2025, the company sold a total of 114.9 thousand live pigs, generating cumulative sales revenue of 153.0862 million yuan [1]. - The annual sales volume increased by 7.90% year-on-year, while the sales revenue decreased by 24.35% compared to the previous year [1].

证券代码：000702 证券简称： 正虹科技 公告编号：2026—001 湖南正虹科技发展股份有限公司 2025 年 12 月生猪销售简报 公司本月生猪销售同比减少的主要原因是公司生猪出栏量减少所致。 三、风险提示 1、上述披露仅包含公司生猪养殖业务销售情况，不含其它业务。 2、生猪市场价格波动的风险是整个生猪生产行业的系统风险，对任何一家 生猪生产者来说，都是客观存在的、不可控制的外部风险。生猪市场价格的大幅 波动，可能会对公司的经营业绩产生重大影响。 3、上述数据均未经审计，与定期报告披露的数据之间可能存在差异。因此， 上述数据仅作为阶段性数据，供投资者参考。敬请广大投资者注意投资风险。 四、其他提示 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、生猪销售情况 湖南正虹科技发展股份有限公司（以下简称"公司"）2025 年 12 月销售生 猪 0.27 万头，销售收入 137.85 万元，环比变动分别减少 32.68%、69.50%。同 比变动分别减少 91.74%、98.11%。 2025 年 1-12 月份，公司累计销售生猪 11.49 万头，累计 ...

Group 1 - The core point of the article is that Zhenghong Technology (000702.SZ) reported a significant decline in pig sales and revenue for December 2025 [1] Group 2 - In December 2025, the company sold 0.27 thousand pigs, which represents a month-on-month decrease of 32.68% [1] - The sales revenue for December 2025 was 1.3785 million yuan, showing a month-on-month decline of 69.50% [1] - Year-on-year comparisons indicate a drastic reduction, with pig sales down 91.74% and revenue down 98.11% [1]