2025 年 1-10 月，公司累计销售生猪 56.15 万头，同比下降 2.74%； 累计销售收入 103,296.05 万元，同比下降 3.82%。 上述数据未经审计，与定期报告披露的数据可能存在差异，因此上述 数据仅作为阶段性数据供投资者参考。 证券代码：000735 证券简称：罗牛山 公告编号：2025-040 罗牛山股份有限公司 2025 年 10 月畜牧行业销售简报 本公司及董事会全体成员保证公告内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、2025 年 10 月份生猪销售情况 公司 2025 年 10 月销售生猪 7.15 万头，环比增长 13.84%,同比增长 57.90%；销售收入 11,587.32 万元，环比下降 2.01%，同比增长 24.65%。 四、其他提示 《证券时报》、《中国证券报》以及巨潮资讯网（www.cninfo.com.cn） 为公司指定的信息披露媒体，公司所有信息均以公司在上述媒体刊登的公 告为准。 特此公告。 罗牛山股份有限公司 董 事 会 2025 年 11 月 10 日 二、原因说明 本月生猪销售数量同比增幅较大的主要原因是公司生猪生产模式 ...

格隆汇11月10日丨罗牛山(000735.SZ)公布，公司2025年10月销售生猪7.15万头，环比增长13.84%,同比 增长57.90%；销售收入11,587.32万元，环比下降2.01%，同比增长24.65%。2025年1-10月，公司累计销 售生猪56.15万头，同比下降2.74%；累计销售收入103,296.05万元，同比下降3.82%。 ...

Group 1 - Hainan sector opened lower but rebounded, with Hainan Mining and Haima Automobile both hitting the daily limit up [1] - Hainan Airlines Group rose over 8%, indicating strong performance in the sector [1] - Other stocks such as Caesar Travel, Ronniu Mountain, Shennong Seed Industry, Hainan Pharmaceutical, Hainan Ruize, Hainan Rubber, and Kangzhi Pharmaceutical also experienced gains [1]

Core Viewpoint - The company is focusing on its core business strategy by selling its property management segment while engaging a related party for property services, emphasizing independent decision-making and governance structures [2]. Group 1: Company Strategy - The company has approximately 11,000 to 12,000 acres of land in Hainan and is actively exploring strategic opportunities presented by the Hainan Free Trade Port [2]. - The management is committed to sustainable development and is evaluating the potential benefits of the Free Trade Port policies on its existing business [4]. - The company aims to enhance transparency in its strategic management and regularly disclose progress on land development and integration of industries [2]. Group 2: Financial Performance - As of November 7, 2025, the company's stock price was 8.12 yuan, reflecting a 2.4% increase with a turnover rate of 9.46% and a trading volume of 1.0889 million shares, amounting to a transaction value of 889 million yuan [1]. - The company reported a net outflow of 9.3747 million yuan from institutional investors and a net inflow of 47.7161 million yuan from retail investors on November 7 [6]. Group 3: Governance and Management - The company maintains independent governance structures and management teams, with decisions made in accordance with relevant corporate governance procedures [2]. - The management is focused on clarifying strategic directions and optimizing operations to enhance core profitability and intrinsic value [4].

证券日报网讯 罗牛山（000735）11月7日在互动平台回答投资者提问时表示，截至2025年10月31日，公 司股东总户数约为8.45万户。 ...

Core Viewpoint - The company is focused on leveraging market opportunities presented by the Free Trade Port policy while maintaining stable operations in a complex external environment [2] Group 1 - The company aims to clarify its strategy and optimize operations to enhance core profitability and intrinsic value [2] - The management is committed to sustainable profitability as a foundation for better returns to long-term investors [2] - The company has been consistently rewarding shareholders through cash dividends [2]

Core Viewpoint - The company recognizes the strategic opportunities presented by the Hainan Free Trade Port and is actively researching relevant policies to assess their potential impact on existing business operations [1] Group 1 - The company management and board have prioritized the Hainan Free Trade Port as a core topic for discussion [1] - The company is conducting in-depth research on related policies [1] - The company is evaluating the empowering potential of these policies on its current business [1]

Core Insights - The aquaculture sector experienced a slight increase of 0.31% on November 7, with Tianyu Biological leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Aquaculture Sector Performance - Tianyu Biological (603717) closed at 9.46, up 3.05% with a trading volume of 169,600 shares and a turnover of 160 million yuan [1] - Other notable performers included: - Luoniushan (000735) at 8.12, up 2.40% with a volume of 1,088,900 shares [1] - Zhengbang Technology (002157) at 66.7, up 1.36% with a volume of 1,212,200 shares [1] - Muyuans (002714) at 49.71, up 0.93% with a volume of 285,500 shares [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 223 million yuan from institutional investors, while retail investors experienced a net outflow of 11.04 million yuan [2] - Key stocks with significant capital flow included: - Muyuan (002714) with a net inflow of 214 million yuan from institutional investors [3] - Jingji Zhino (000048) with a net inflow of 50.59 million yuan from institutional investors [3] - Zhengbang Technology (002157) with a net inflow of 24.48 million yuan from institutional investors [3]

Group 1 - The core viewpoint indicates that the pig farming industry is experiencing a shift towards capacity reduction due to declining pig prices and policy-driven measures, which may lead to a long-term increase in pig prices [1][2] - In Q1-Q3 2025, pig farming enterprises achieved a revenue of 341.27 billion yuan, a year-on-year increase of 8.32%, and a net profit of 22.18 billion yuan, up 14.29% year-on-year [1] - The total number of pigs slaughtered by 12 major pig farming companies reached 123.99 million heads, reflecting a year-on-year increase of 19.45% [1] Group 2 - The current market conditions show weak pig prices, both in reality and expectations, which, combined with policy initiatives, are likely to initiate a capacity reduction in the pig farming industry [2] - The latest price-to-book ratio (PB) for the livestock farming index tracked by the breeding ETF is 2.59 times, which is lower than 80.93% of the time over the past five years, indicating a favorable valuation [2] - The industry is expected to see a contraction in supply, which may enhance the profitability and valuation of quality pig farming companies, suggesting a positive outlook for the breeding ETF [2]

Group 1 - The Agricultural, Animal Husbandry, and Fishery ETF (159275) has shown a contrary rise, with an increase of 0.6% and a trading volume of 5.25 million yuan, bringing the fund's total size to 200 million yuan [1] - Key performing stocks include Honghui Fruits and Vegetables, Longniu Mountain, and Hainan Rubber, with respective increases of 6.22%, 4.04%, and 2.56% [1] - The Ministry of Agriculture and Rural Affairs held a meeting on November 4, 2025, to establish a full-chain regulatory mechanism for agricultural product quality and safety [1] Group 2 - Pacific Securities highlighted multiple pressures on the breeding industry, including ongoing losses in the pig industry, high levels of breeding sows, and rising risks from African swine fever [2] - The poultry industry is experiencing a historical high in production capacity, with broiler prices fluctuating at low levels, while yellow chicken prices are rising due to seasonal demand [2] - The planting industry is stabilizing grain prices, with expectations for mid-term increases, and the seed industry is gaining strategic importance due to advancements in genetically modified crops [2]