证券代码：000876 证券简称：新希望 公告编号：2025-56 债券代码：127015,127049 债券简称：希望转债，希望转 2 新希望六和股份有限公司 关于 2025 年度第二期科技创新债券（乡村振兴） 发行结果的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 新希望六和股份有限公司(以下简称"公司") 于2024年9月26 日召开2024年第二次临时股东大会，审议通过了《关于发行超短期融 资券的议案》，同意公司向中国银行间市场交易商协会（以下简称"交 易商协会"）申请注册发行人民币20亿元（含20亿元）的超短期融资 券。根据交易商协会签发的《接受注册通知书》（中市协注【2024】 SCP391号），交易商协会同意接受公司超短期融资券注册，注册额度 自交易商协会发出《接受注册通知书》之日起2年内有效。具体内容 详见2024年9月27日刊载于《中国证券报》《证券日报》《上海证券 报》《证券时报》和巨潮资讯网（www.cninfo.com.cn）的公司《2024 年第二次临时股东大会决议公告》（公告编号：2024-86）和2024年 12月25日刊载 ...

Core Insights - The article highlights the significant role of Donghai Rural Commercial Bank in supporting local blueberry farmer Li Dongsheng, enabling him to overcome financial challenges and achieve a successful harvest [1][2]. Group 1: Financial Support - Donghai Rural Commercial Bank provided Li Dongsheng with a loan of 100,000 yuan, which was crucial for expanding his blueberry cultivation and upgrading irrigation facilities [1]. - The bank's customer manager assessed Li's operational status and needs, facilitating a quick and efficient loan approval process [1]. Group 2: Agricultural Impact - With the financial support, Li was able to introduce disease-resistant and higher-yield blueberry varieties, install an efficient drip irrigation system, and purchase sufficient organic fertilizers, enhancing both the quantity and quality of the harvest [1]. - The improved blueberry quality, characterized by uniform size, deep blue color, and higher sweetness, has attracted numerous buyers, indicating a strong market outlook [2]. Group 3: Future Plans - Donghai Rural Commercial Bank plans to continue promoting and optimizing its "Sunshine Finance" and other inclusive financial products, aiming to enhance service quality and support more rural entrepreneurs and small agricultural entities [2].

Group 1 - The core focus of the company is to improve its pig farming operations and reduce costs to compete with leading peers in the industry [1][6] - The company aims to lower its pig farming cost to below 13 yuan per kilogram, with a target for excellent operations to reach below 12 yuan per kilogram by the end of the year [6][8] - The company has a significant pig output scale of over 15 million heads, which highlights the importance of cost reduction for improving operational performance [6][10] Group 2 - The company’s pig farming gross margin is currently at 9.97%, which is significantly lower than its competitors, such as Muyuan Foods and Wens Foodstuffs, whose margins are around 19.21% and 20.3% respectively [2][3] - The company has implemented measures to enhance management of fattening pig farms and improve genetic traits to address long-term issues [3][4] - The company’s revenue sources are primarily from feed business (over 66%) and pig farming (around 30%), with the latter being highly sensitive to price fluctuations [8][9] Group 3 - The company has undergone a leadership change, with a new president appointed to focus on strategic adjustments and long-term growth [7] - The company’s profitability has been significantly affected by the volatility of pig prices, with gross margins swinging from 38.5% in high-price periods to -21.2% during downturns [8][9] - The company expects improved profitability in its pig farming segment this year due to the cessation of previous operational shutdowns and enhancements in disease prevention measures [10]

6月18日，养猪龙头新希望（000876.SZ，股价9.42元，市值426.34亿元）的年度股东大会在成都举行。 每经编辑｜杨夏 而在年度股东大会召开的两个月前，新希望刚完成了新一届董事换届，陶玉岭成为新总裁。这次，以总裁陶玉岭、财务总监史涵、董秘赵亮为代表的新希望 高管围绕盈利修复、数字化养猪实践及海外业务拓展等核心议题，向参会的股东和媒体一一回应。 公司高管表示，新希望已熬过猪周期低谷以来的最困难阶段，未来业务会聚焦饲料和养猪。陶玉岭坦言，公司的养猪成本与一些优秀的企业仍有差距，还需 要在育种、数字化等方面下功夫。但他同时强调，不要神化数字化养猪，数字化手段需服务于降本本质，而非盲目追求技术噱头。与此同时，新希望将"出 海"作为第三增长极，计划3~5年新增海外饲料产能300~400万吨，瞄准海外市场高利润空间与竞争格局优势，试图打开规模与利润的新想象空间。 谈盈利：最困难的阶段已经过去 6月18日，新希望的年度股东大会在成都举行。今年的会议室比去年的略小，但投资者参与热情不减，整个会议室坐得满满当当。 今年4月3日，新希望董事会完成了换届，时隔5年迎来新总裁陶玉岭。陶玉岭是资深"养猪人"。他曾任公司京津冀 ...

"过去一年，在全员努力下，我们基本算走出了低谷期，总体情况向好。"新希望董事、总裁陶玉岭表示，就目前的产业布局看，未来三五年里，还是会以生 猪和饲料双轮驱动，依托旗下饲料产业BU、海外BU、猪产业事业群三大业务单元，共同驱动业务增长。 r and the first 71-0 67 1737 K 910 HD 548 191 名字 r � ly （股东大会现场，来源：新希望供图） 尽管生猪价格在去年短暂的回升后又处于低迷状态，但头部企业仍不乏关注，叠加新希望（000876.SZ）战略调整成效显著，今年Q1盈利大增，其6月18日 召开的2024年年度股东大会依然吸引诸多投资者、机构和媒体参加。股东大会现场，交流气氛活跃，提问多聚焦公司战略、目标、成本和出海。 Victory 2009 47.51 2018 1.1 4 24 creat 如是所言，随着猪周期的弱化，国内生猪养殖行业不可避免地要进入到长期微利状态，在此趋势下，成本控制能力就成为猪企之间的"胜负手"，降本增效的 比拼已然白热化。 梳理来看，牧原股份（002714.SZ）5月生猪养殖成本降至12.2元/KG左右，并称努力实现今年制定的12元/KG的成本 ...

对于国内饲料业务，新希望的目标是实现"稳健发展"。陶玉岭坦言，国内饲料业务在前两年面临较多挑 战、增长乏力，未来五年要恢复竞争力、实现稳健增长，经营导向方面将更加强调"提规模、提效率， 调结构"。 2024年，新希望销售生猪1652万头，位居国内上市公司第三。在猪价仍然呈现小幅波动态势的背景下， 降成本是每家生猪养殖企业都在积极推进的重点工作。 新希望是否有信心将成本优化至行业第一梯队、未来的降本工作还有哪些突破点？对于投资者的上述提 问，史涵表示，新希望近年来的降本工作成效显著。从2024年全年来看，公司内排名前25%的优秀场线 养殖成本为13.6元/公斤，今年第一季度，该数据已降至12.5元/公斤，新希望有信心在今年年底实现优 秀场线的养殖成本突破到12元/公斤以内。目前来看，公司的养殖成本呈现逐月持续优化态势。 新希望董秘赵亮向《证券日报》记者表示："我们将专注于降成本，努力在行业周期中获得均衡稳定的 利润，无论未来猪价波动形势如何，新希望将立足于自身，练好内功，做好自身的生产经营工作。" 本报记者 舒娅疆 "2024年，新希望走过了极为不平凡的一年，从董事会、经营团队再到全体员工，大家都付出了艰苦的 ...

Core Viewpoint - New Hope has shown significant recovery in its financial performance in 2024, with a strategic focus on improving management and operational efficiency in its core businesses of feed and pig farming [3][4][6]. Financial Performance - In 2024, New Hope reported revenue of 103.06 billion yuan, a decrease of 27.27% year-on-year, while net profit reached 474 million yuan, an increase of 90.05% [3]. - The company achieved a turnaround in Q1 2025, with revenue of 24.42 billion yuan, a year-on-year increase of 2.13%, and net profit of 444.5 million yuan, compared to a loss of 1.93 billion yuan in the same period last year [3][6]. Pig Farming Segment - New Hope's pig farming segment saw an increase in production, with 16.52 million pigs sold in 2024, ranking third among domestic listed companies [4]. - The average PSY (pigs weaned per sow per year) remained above 25, indicating industry-leading performance [4]. - The average pig price for 2024 increased by approximately 10% compared to 2023, despite a "V-shaped" price trend throughout the year [4][5]. Cost Management and Efficiency - The company has focused on cost reduction and improved production metrics, achieving a decrease in total production costs by 1.8 yuan, bringing it below 13 yuan/kg for the first time [6]. - New Hope's pig farming segment achieved profitability in the last three quarters of 2024, despite fluctuating pig prices [5][6]. Feed Business - In 2024, New Hope's total feed sales reached 25.96 million tons, accounting for 8.2% of the national total, although this represented a slight decline from 2023 due to reduced livestock numbers [7]. - The domestic feed industry faced challenges, with total production declining by 2.1% to 315 million tons in 2024, marking the first decrease in three years [7]. International Expansion - New Hope has been actively expanding its overseas feed business, achieving sales of 5.25 million tons in 2024, with a target of 6 million tons for the current year [8]. - The company has over 20 years of experience in international markets and plans to continue focusing on high-margin products in overseas regions [9].

证券代码：000876 证券简称：新希望 公告编号：2025-55 债券代码：127015，127049 债券简称：希望转债，希望转2 新希望六和股份有限公司 2024年年度股东大会决议公告 会议主持人：公司董事兼总裁陶玉岭先生 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．本次股东大会未出现否决议案的情形。 2．本次股东大会不涉及变更前次股东大会已通过的决议。 一、会议召开和出席情况 1．会议召开情况 召开时间：现场会议召开时间为 2025 年 6 月 18 日（星期三）下 午 14:00；通过深圳证券交易所交易系统进行网络投票的时间为 2025 年 6 月 18 日上午 9:15—9:25、9:30—11:30，下午 13:00—15:00； 通过互联网投票系统（http://wltp.cninfo.com.cn）投票的具体时 间为：2025 年 6 月 18 日 9:15-15:00。 会议召开地点：成都市锦江区新希望中鼎国际 1 号楼 A 座 2 楼会 议室 会议召开方式：现场表决与网络投票相结合的方式 会议召集人：公司董事会 1 公 ...

法律意见书 北京中伦（成都）律师事务所 关于新希望六和股份有限公司 2024 年年度股东大会的 法律意见书 致：新希望六和股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共 和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）、《深圳证券交易所上市公司股东大会网络投票实施细则》及《深 圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法 律、法规及规范性文件及《新希望六和股份有限公司章程》（以下简称"《公司章 程》"）的规定，北京中伦（成都）律师事务所（以下简称"中伦"或"本所"） 接受新希望六和股份有限公司（以下简称"公司"）的委托，指派本所律师见证 了公司 2024 年年度股东大会（以下简称"本次股东大会"）并对本次股东大会 的相关事项出具本法律意见书。 为出具本法律意见书，中伦律师审查了以下文件： 在本法律意见书中，中伦律师仅对本次股东大会的召集、召开程序、出席会 议人员资格、召集人资格及会议表决程序、表决结果是否符合《公司法》等法律、 1. 《公司章程》； 2. 《关于召开 2024 年年度股东大会的通知》； ...

Group 1 - The core point of the announcement is the completion of the exchange of convertible bonds issued by New Hope Investment Group, resulting in a change in shareholding structure [1][2][7] - New Hope Investment Group issued a total of 500 million RMB in convertible bonds with a maturity of 3 years and a coupon rate of 0.60% [2] - The exchange period for the bonds is from May 14, 2024, to November 9, 2026 [2] Group 2 - As of April 9, 2025, a total of 8,405,834 shares were exchanged, reducing New Hope Investment Group's shareholding from 80.68% to 79.70% [3] - From April 10 to April 17, 2025, an additional 6,553,462 shares were exchanged, further reducing the shareholding to 78.94% [4] - By June 13, 2025, the total number of shares exchanged reached 36,115,471, accounting for 4.20% of the company's total share capital [7] Group 3 - New Hope Investment Group plans to apply for the release of stock pledges related to the convertible bonds, involving 28,564,529 shares, which is 3.32% of the total share capital [8] - The changes in shareholding do not trigger a mandatory bid and comply with relevant regulations [9] - The exchange of shares does not affect the control of the company or its governance structure [9]