证券简称：国投丰乐（A股） 证券代码：000713（A股） 国投丰乐种业股份有限公司 向特定对象发行A股股票 保荐人（主承销商） 二〇二五年九月 国投丰乐种业股份有限公司 募集说明书（修订稿） 声 明 本公司及全体董事、监事、高级管理人员、控股股东承诺本募集说明书不存 在任何虚假记载、误导性陈述或重大遗漏，并对所披露信息的真实性、准确性及 完整性承担相应的法律责任。 募集说明书 （修订稿） 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证 募集说明书中财务会计报告真实、完整。 中国证券监督管理委员会、深圳证券交易所对本次发行所作的任何决定或意 见，均不表明其对申请文件及所披露信息的真实性、准确性、完整性作出保证， 也不表明其对发行人的盈利能力、投资价值或者对投资者的收益作出实质性判断 或保证。任何与之相反的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由发 行人自行负责。投资者自主判断发行人的投资价值，自主作出投资决策，自行承 担证券依法发行后因发行人经营与收益变化或者证券价格变动引致的投资风险。 1-1-1 国投丰乐种业股份有限公司 募集说明书（修订 ...

证券简称：国投丰乐（A股） 证券代码：000713（A股） （修订稿） 保荐人（主承销商） 国投丰乐种业股份有限公司 与 中信建投证券股份有限公司、 国投证券股份有限公司 关于 申请向特定对象发行股票 的审核问询函之回复 二〇二五年十月 深圳证券交易所： 贵所于 2025 年 5 月 17 日出具的《关于合肥丰乐种业股份有限公司申请向特 定对象发行股票的审核问询函》（审核函〔2025〕120019 号）（以下简称"问询 函"）已收悉。国投丰乐种业股份有限公司（合肥丰乐种业股份有限公司已更名 为国投丰乐种业股份有限公司，以下简称"公司"、"国投丰乐"或"发行人"） 会同中信建投证券股份有限公司、国投证券股份有限公司（以下简称"保荐人"）、 中证天通会计师事务所（特殊普通合伙）（以下简称"申报会计师"）、上海市锦 天城律师事务所（以下简称"发行人律师"）等中介机构，就问询函中所提问题 进行了认真研究、核查和落实，现回复如下，请予审核。 本回复中所使用的术语、名称、缩略语，如无特殊说明，与其在募集说明书 中的含义相同。 | 类别 | 字体 | | --- | --- | | 问询函所列问题 | 黑体（加粗） | | ...

Core Viewpoint - Guotou Fengle's major shareholder, Guotou Seed Industry, has voluntarily extended the lock-up period for 123 million shares until October 25, 2028, reflecting confidence in the company's future development and long-term investment value [1] Company Performance - Guotou Fengle's corn seed sales revenue grew by 25.68%, 41.56%, and 26.46% over three years, while rice seed sales increased by 28.72%, 12.21%, and 18.5%, and wheat seed sales surged by 145.57%, 38.91%, and 23.02% [2] - In 2024, the company's seed sector achieved record highs in breeding area, average yield, total output, and revenue, with seed income surpassing 1 billion yuan for the first time [2] Industry Outlook - The overall market size of China's seed industry is on a steady rise, with projections indicating a market size of 1,410.16 billion yuan in 2024, a year-on-year increase of 3.11%, and an expected growth to 1,480.67 billion yuan in 2025 [2] - The company aims to fulfill its responsibility in supporting national food security through technological innovation and collaboration with core biotechnology firms and research institutions [3]

Core Viewpoint - The company, Guotou Fengle, is committed to enhancing investor confidence and promoting sustainable development by voluntarily extending the lock-up period of its shares until October 25, 2028, reflecting confidence in its long-term investment value [1] Group 1: Company Strategy and Performance - Guotou Fengle has positioned itself as a platform for industry operation, capital operation, and resource aggregation in the seed industry, focusing on strategic technology research and development [1] - The company has reported significant growth in its seed sales, with corn seed sales increasing by 25.68%, 41.56%, and 26.46% over the last three years, rice seed sales growing by 28.72%, 12.21%, and 18.5%, and wheat seed sales surging by 145.57%, 38.91%, and 23.02% [2] - In 2024, the company achieved record highs in seed production area, average yield, total output, and revenue, with seed income surpassing 1 billion yuan for the first time [2] Group 2: Product Development and Market Position - The corn industry has successfully established a variety layout across major ecological regions, with the transgenic variety 391K becoming well-known in Northeast China and included in the 2025 National Crop Excellent Variety Promotion Directory [2] - The rice industry has developed key new varieties represented by "Xiang Liang You" and "Le You," with "Zhong Ke Fa Zao Jing" filling a gap in early rice varieties and "Nan Ling Zao 2 Hao" being recognized as an ideal variety for disaster relief [2] - The wheat variety "Yannong 1212" has been selected as a leading variety by the Ministry of Agriculture for three consecutive years, being recognized as a "growing type wheat variety" [2] Group 3: Commitment to National Strategy - The voluntary extension of the lock-up period demonstrates Guotou Zhongye's commitment to supporting national food security and the revitalization of the seed industry [3] - The company aims to become a leading domestic and internationally recognized seed technology enterprise by enhancing technological innovation, improving industrial layout, and increasing service capabilities [3]

（文章来源：证券日报） 证券日报网讯 9月25日晚间，国投丰乐发布公告称，国投丰乐种业股份有限公司（以下简称"公司"）于 近日收到控股股东国投种业科技有限公司出具的《关于自愿延长股份锁定期的承诺函》，基于对公司未 来发展的信心及价值判断，为促进公司持续、稳定、健康发展，维护广大投资者利益，自愿承诺延长其 持有的122，802，996股公司股份的锁定期。 ...

Group 1 - The core point of the article is that Guotou Fengle (000713.SZ) has received a commitment letter from its controlling shareholder, Guotou Seed Industry Technology Co., Ltd., to voluntarily extend the lock-up period for its shares [1] - Guotou Seed Industry has committed to extend the lock-up period for 122,802,996 shares from October 25, 2025, to October 25, 2028, reflecting confidence in the company's future development and value judgment [1] - The extension aims to promote the sustainable, stable, and healthy development of the company while protecting the interests of a wide range of investors [1]

格隆汇9月25日丨国投丰乐(000713.SZ)公布，近日收到控股股东国投种业科技有限公司（简称"国投种 业"）出具的《关于自愿延长股份锁定期的承诺函》，基于对公司未来发展的信心及价值判断，为促进 公司持续、稳定、健康发展，维护广大投资者利益，自愿承诺延长其持有的122,802,996股公司股份的锁 定期。国投种业承诺通过协议转让已取得的122,802,996股国投丰乐股份，锁定期到期日由2025年10月25 日延长至2028年10月25日。 ...

证券代码：000713 证券简称： 国投丰乐 公告编号：2025-044 国投丰乐种业股份有限公司 关于控股股东自愿延长股份锁定期的公告 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。 国投丰乐种业股份有限公司（以下简称"公司"）于近日收到控股股 东国投种业科技有限公司（以下简称"国投种业"）出具的《关于自愿延 长股份锁定期的承诺函》，基于对公司未来发展的信心及价值判断，为促 进公司持续、稳定、健康发展，维护广大投资者利益，自愿承诺延长其持 有的 122,802,996 股公司股份的锁定期，现将相关情况公告如下： 一、追加承诺股东基本情况介绍 1.股东的基本情况 公司名称：国投种业科技有限公司 成立时间：2023 年 9 月 26 日 住所：海南省三亚市崖州区崖州湾深海科技城招商科创广场一期 T2 栋 5 层 527-3 法定代表人：王维东 注册资本：400,000 万人民币 企业性质：有限责任公司（非自然人投资或控股的法人独资） 统一社会信用代码：91460000MAD0EDTW9H 经营范围：许可项目：主要农作物种子生产；转基因农作物种子生产； 农作物种子 ...

证券代码：000713 证券简称： 国投丰乐 公告编号：2025-045 国投丰乐种业股份有限公司 关于内蒙古分公司完成注销登记的公告 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。 一、注销情况概述 国投丰乐种业股份有限公司（以下简称"公司"）于 2025 年 4 月 29 日召开第七届董事会第七次会议，审议通过《关于注销内蒙古分公司的议 案》，同意对合肥丰乐种业股份有限公司内蒙古分公司（以下简称"内 蒙古分公司"）进行清算并注销，授权公司经理层办理内蒙古分公司清算、 注销等相关工作。具体内容详见公司于 2025 年 4 月 30 日在《证券日报》 《证券时报》及巨潮资讯网(www.cninfo.com.cn)披露的相关公告。 近日，公司收到呼和浩特市赛罕区行政审批政务服务与数据管理局出 具的《登记通知书》，准予注销登记内蒙古分公司申请。截至本公告披露 日，内蒙古分公司已完成工商注销登记手续。 本次注销内蒙古分公司不会对公司合并财务报表主要数据产生重大影 响，也不会对公司业务发展和持续盈利能力产生影响，不存在损害公司及 全体股东特别是中小股东利益的情形。 二 ...

Industry Rating - The report maintains an "Outperform" rating for the agricultural sector [1] Core Insights - Global food prices showed structural increases in August 2025, with marginal declines in grain and dairy prices. The FAO reported an average global food price index of 130.1, remaining stable month-on-month but up 6.9% year-on-year [2][8] - Domestic grain prices are influenced by the new crop listings, with wheat and corn being closely monitored. The soybean market is affected by trade relations and biofuel policies [3] Summary by Sections Global Grain Price Analysis - The global grain price index averaged 105.6 in August 2025, down 0.8% month-on-month and 4.5% year-on-year, indicating ample supply and weak import sentiment [10] - The global corn price has risen for three consecutive months due to adverse weather affecting EU corn yields and increased demand for animal feed and ethanol processing in the US [10] Domestic Grain Price Analysis - The new season's wheat production is expected to be lower than anticipated, maintaining a supply surplus. The actual sowing area for winter wheat in 2025 is 33.9 million acres, a slight increase from the previous year [5][19] - The domestic corn market is projected to strengthen in the second half of 2025, with new corn listings expected to impact prices significantly [34][46] Investment Recommendations - Focus on seed companies due to their correlation with grain prices, with recommendations for companies like Longping High-Tech, Dabeinong, and Qianyuan High-Tech. The seed sector is currently at a low profitability point, awaiting a cyclical rebound [4] - In the grain and oil sector, attention should be paid to tariff price transmission for high-import-dependent varieties, with recommendations for companies like Suqian Agricultural Development and Beidahuang [4] - The agricultural water conservancy sector is expected to benefit from significant construction funding, with a recommendation for Dayu Water-saving [4] Supply and Demand Analysis - For wheat, the global production forecast for 2025/26 is 816 million tons, with a consumption increase of 11.4 million tons. The ending stock is projected at 264 million tons, reflecting a slight increase from the previous year [11] - The global corn production forecast for 2025/26 is 1.287 billion tons, with consumption rising by 31.4 million tons. The ending stock is expected to decrease to 281 million tons [11] - The global rice production is estimated at 541 million tons for 2025/26, with a consumption increase of 9.81 million tons, leading to a slight decrease in ending stocks [11] Domestic Supply and Demand Analysis - Domestic wheat production for 2025/26 is forecasted at 141.29 million tons, with a consumption increase of 2.4%. The import volume is expected to decrease significantly [20][23] - Domestic corn production is projected at 296.16 million tons, with consumption remaining stable. The import volume is expected to stay low, reflecting a tightening supply-demand balance [34][37] - Domestic rice production is expected to reach 208.58 million tons, with a slight increase in consumption. The rice market is projected to face downward pressure due to oversupply and changing consumption patterns [51][55]