Group 1 - The core viewpoint of the news is the collaboration between Guoyuan Futures Co., Ltd. and Xixian County to enhance the apple industry through various support agreements aimed at improving quality and efficiency [1][2]. - Xixian County is a major apple production area in Shanxi Province, with an apple planting area of 150,000 acres, producing varieties like Hongfuji and Hongjiangjun, which are well-regarded in the market [2]. - Guoyuan Futures has identified the need to increase the added value of the apple industry due to market fluctuations, storage conditions, and brand influence [2]. Group 2 - Guoyuan Futures and Yangtousheng Village have developed a "three-step" support strategy, which includes donating funds for standardized orchard construction, developing contract farming to mitigate price risks, and extending the industrial chain through a "brand + e-commerce" system [2]. - The collaboration includes a party-building initiative where Guoyuan Futures' party branch works with local party branches to promote development, increase income, and enhance revitalization efforts [3]. - The focus is on extending the industrial chain by implementing deep processing projects, building modern cold storage facilities, and creating e-commerce service centers to enhance the market influence of "Xizhou Red" apples [3].

Core Viewpoint - The three major listed pig companies, Muyuan Foods, New Hope Liuhe, and Wens Foodstuff Group, have recently released their sales reports for March 2025, showing significant growth in sales volume and revenue compared to previous periods [1][2]. Sales Volume Summary - In March 2025, Muyuan Foods sold 693.5 million pigs, a year-on-year increase of 40.48% [2][4]. - Wens Foodstuff Group sold 309.55 million pigs, with a month-on-month increase of 19.14% and a year-on-year increase of 18.13% [2][4]. - New Hope Liuhe sold 155.07 million pigs, with a month-on-month increase of 36.03% and a year-on-year increase of 1.65% [2][4]. Sales Revenue Summary - Muyuan Foods reported a sales revenue of 12.794 billion yuan in March 2025, a year-on-year increase of 49.26% [2][4]. - Wens Foodstuff Group's sales revenue for March was 5.441 billion yuan, with a month-on-month increase of 16.11% and a year-on-year increase of 15.1% [2][4]. - New Hope Liuhe's sales revenue was 2.228 billion yuan, with a month-on-month increase of 35.28% but a year-on-year decrease of 3.3% [2][4]. Average Price Summary - The average selling price for Muyuan Foods' pigs was 14.3 yuan/kg in March 2025, a year-on-year increase of 0.42% [2][7]. - Wens Foodstuff Group's average price for pigs was 14.87 yuan/kg, a month-on-month decrease of 0.6% but a year-on-year increase of 0.95% [2][7]. - New Hope Liuhe's average price was 14.55 yuan/kg, with a month-on-month decrease of 0.61% and a year-on-year increase of 1.46% [2][7]. Company Insights - New Hope Liuhe attributed its sales volume fluctuations to internal upgrades in biosecurity measures and an increase in the proportion of piglet sales due to favorable market conditions [3][5]. - Muyuan Foods noted that its sales volume and revenue growth were primarily due to improved operational planning and production efficiency [5].

Group 1: Sales Performance - In March 2025, the company sold 1.5507 million pigs, representing a month-on-month increase of 36.03% and a year-on-year increase of 1.65% [2] - The significant month-on-month sales increase is attributed to internal upgrades in biosecurity measures completed in 2024, which improved production metrics such as weaning rates and survival rates [2] - Revenue for March 2025 reached 2.228 billion yuan, with a month-on-month increase of 35.28% but a year-on-year decrease of 3.3% [2] - The average selling price of market pigs was 14.55 yuan per kilogram, showing a month-on-month decrease of 0.61% and a year-on-year increase of 1.46% [2] Group 2: Stock Trading and Market Activity - The company's stock experienced an abnormal trading fluctuation, with a cumulative price deviation of 21.22% over two consecutive trading days on April 3 and April 7, 2025 [5] - The company conducted an internal review and confirmed that there were no undisclosed significant information affecting stock prices, and the operational environment remained stable [5][7] - The company’s major shareholders did not buy or sell shares during the period of abnormal trading [6]

新希望六和股份有限公司 公司 2025 年 3 月销售生猪 155.07 万头，环比变动 36.03%，同 比变动 1.65%。销量环比变动较大的原因，首先系公司在 2024 年完 成内部部分场线防疫设施设备改造，助力公司在 2024 年底与 2025 年 初的疫情防控取得了较好成绩，提升了窝均断奶数与育肥成活率等生 产指标；其次系近期仔猪行情较好，公司适当加大了仔猪销售比例。 收入 22.28 亿元，环比变动 35.28%，同比变动-3.3%，收入环比变动 较大的原因主要是销量环比变动较大。商品猪销售均价 14.55 元/公 斤，环比变动-0.61%，同比变动 1.46%。 证券代码：000876 证券简称：新希望 公告编号：2025-30 债券代码：127015、127049 债券简称：希望转债、希望转 2 2025 年 3 月生猪销售情况简报 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。 新希望六和股份有限公司（以下简称"公司"）下属子公司从事 生猪养殖业务。按照《深圳证券交易所上市公司自律监管指引第 3 号 ——行业信息披露》规定，深交所鼓励从事畜禽 ...

证券代码：000876 证券简称：新希望 公告编号：2025-31 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 股票交易异常波动公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 一、股票交易异常波动的情况介绍 新希望六和股份有限公司（以下简称"公司"或"本公司"）的 股票（证券代码：000876，证券简称：新希望）于 2025 年 4 月 3 日、 2025 年 4 月 7 日连续两个交易日收盘价格涨幅偏离值累计达到 21.22%，根据深圳证券交易所的有关规定，属于股票交易异常波动的 情况。 二、关注及核实情况 针对公司股票异常波动，公司对有关事项进行核查，并以电子邮 件、电话等方式问询了公司管理层、控股股东及实际控制人，现将有 关情况说明如下： 1. 公司前期披露的信息不存在需要更正、补充之处。 4. 目前公司除向特定对象发行股票事项已收到深圳证券交易所 （以下简称"深交所"）问询，且公司已对问询函做出回复（详情见 公司于 2025 年 2 月 15 日披露的《关于新希望六和股份有限公司申请 向特定对象发 ...

Group 1 - New Hope Liuhe Co., Ltd. held its first meeting of the 10th Board of Directors, with Liu Chang continuing as Chairman and Tao Yuling appointed as President [1] - The new board sees the departure of New Hope Group Chairman Liu Yonghao and Vice Chairman Wang Hang, with four members from the previous board remaining [1] - Tao Yuling has held various leadership roles within the company, including General Manager of the Beijing-Tianjin-Hebei region and President of the Pig Industry Business Unit [1] Group 2 - Yang Fang, a new member of the board, is currently the Chief Financial Officer of New Hope Group and has extensive experience in finance and accounting [1] - Zhao Liang has been appointed as the new Secretary of the Board, previously holding various managerial positions in banking and investment [2]

Core Insights - New Hope Dairy's four award-winning products at the iSEE Global Awards highlight the company's innovative approach to meet evolving consumer demands in the health and wellness sector [1][2][8] Product Innovations - The "Today Fresh Milk Shop" product emphasizes a rich flavor and cultural connection, evolving from traditional small bottles to a 455mL family size to cater to both individual and family consumption [2][3] - "Active Multi-Dimensional Crystal Probiotic Yogurt" utilizes a unique "three-color crystal" technology to enhance probiotic survival rates by over 1000%, addressing gut health needs while appealing to social media trends [3][7] - "Asahi Weipin Lactic Acid Milk Snack Box" combines sugar-free lactic acid milk with low-sugar Calbee cereal, providing a healthy snack option that promotes relaxation and well-being in work environments [4][8] - "Chuxin Children's Yogurt" features a natural formula with zero sugar and sweeteners, targeting modern parents' concerns about children's health and nutrition [5][8] Strategic Focus - New Hope Dairy is transitioning from scale expansion to value competition in the dairy industry, emphasizing fresh, high-quality products through its "Fresh Cube" strategy [6][8] - The company has introduced the concept of "defining freshness by time," with its "24-hour" product line ensuring that products are sold on the same day they are produced, enhancing freshness and quality [7][8] - New Hope Dairy's commitment to technological innovation in fermentation and enzyme engineering positions it as a leader in the dairy sector, with a focus on enhancing product quality and nutritional value [7][8] Market Positioning - The rapid growth of the low-temperature dairy market is being strategically leveraged by New Hope Dairy, which aims to lead this trend through its innovative product offerings and educational initiatives [8] - The recognition received at the iSEE Global Awards underscores New Hope Dairy's role as a representative of Chinese dairy companies driving value chain upgrades through innovation [8]

Core Viewpoint - New Hope has achieved a significant turnaround in its financial performance, with a projected net profit of over 430 million yuan in Q1 2025, compared to a loss of over 1.9 billion yuan in the same period last year, primarily due to cost reduction and improved operational efficiency [1][3][4]. Financial Performance - In Q1 2025, New Hope expects a net profit of 430 million to 500 million yuan, marking an increase of 2.364 billion to 2.434 billion yuan year-on-year, representing a growth of 122.23% to 125.85% [3]. - For the year 2024, New Hope reported a net profit of 474 million yuan, a year-on-year increase of over 90%, despite a revenue decline of approximately 38.64 billion yuan, or 27.27% [5][6]. Cost Management - The company has successfully reduced breeding costs, achieving a double decrease in both year-on-year and month-on-month comparisons, which has significantly contributed to its improved profitability [2][4][9]. - The cost of weaned piglets has dropped to 263 yuan per head, with a PSY (pigs per sow per year) of 25.1 and a survival rate of 93% during the fattening phase [9]. Business Segments - New Hope's feed business remains a core competency, with a total feed sales volume of 25.96 million tons in 2024, including 5.25 million tons in overseas markets, maintaining a leading position in the industry [2][9]. - The company has been focusing on its core business by divesting from poultry and food processing segments, which has led to a significant drop in revenue but improved profitability [5][6]. Strategic Initiatives - New Hope is actively investing in technology and automation, with plans to raise 3.8 billion yuan for biosecurity and digital upgrades in pig farming, as well as establishing robotics companies to enhance production efficiency [10].

Meeting Overview - The first extraordinary general meeting of shareholders for 2025 was held on April 3, 2025, with both on-site and online voting options available [1][2] - A total of 1,440 shareholders attended, representing 2,534,737,626 shares, which is 56.0047% of the total voting shares [2] Shareholder Voting Results - The proposal to repurchase and cancel part of the restricted stock was approved with 99.9427% of the votes in favor, totaling 2,533,285,015 shares [4] - The proposal to terminate the 2022 restricted stock incentive plan was approved with 99.9310% of the votes in favor, totaling 2,532,989,815 shares [8] - The proposal to repurchase and cancel part of the restricted stock from the 2022 incentive plan was approved with 99.9337% of the votes in favor, totaling 2,533,058,315 shares [12] - The election of the tenth supervisory board representatives was approved with 99.7788% of the votes in favor, totaling 2,529,131,817 shares [16] Board of Directors Election - Liu Chang was elected as the non-independent director of the tenth board with 2,520,251,229 shares in favor [18] - Zhang Minggui was elected as the non-independent director of the tenth board with 2,521,753,430 shares in favor [18] - Tao Yuling was elected as the non-independent director of the tenth board with 2,521,396,356 shares in favor [20] - Yang Fang was elected as the non-independent director of the tenth board with 2,521,387,208 shares in favor [20] Legal Opinions and Compliance - The legal opinions provided by Beijing Zhonglun (Chengdu) Law Firm confirmed that the meeting and voting procedures complied with relevant laws and regulations [25] - The decisions made during the meeting were deemed legal and effective [25] Capital Reduction Announcement - The company announced a capital reduction due to the repurchase and cancellation of a total of 18.7402 million shares, resulting in a decrease in total shares from 4,525,940,237 to 4,507,200,037 [29] - The registered capital will decrease from 4,545,777,038 yuan to 4,527,036,838 yuan following the share cancellation [29] Debt Notification - The company notified creditors of their rights to request debt repayment or guarantees within specified timeframes following the capital reduction announcement [30][31]

Group 1 - The agricultural landscape in Wenzhou, Zhejiang has shifted from traditional rice farming to diversified specialty agriculture, maximizing the use of limited arable land [1] - In the town of Daanxi, Leqing City, farmers are currently harvesting a bountiful crop of broccoli, which is being prepared for transport to neighboring Taizhou [2] - A new agricultural model "vegetable-rice-rice" was introduced in 2019 to utilize winter fallow land, allowing for improved soil fertility through the use of broccoli byproducts [3] Group 2 - In Rui'an City, the local government is focusing on beekeeping, supported by a high forest coverage rate of 78%, which provides an excellent environment for honey production [4] - A beekeeping project is planned for the second half of 2024, involving the establishment of a professional cooperative with 63 low-income families to enhance local honey production [5] - The Rui'an Supply and Marketing Cooperative has implemented a guaranteed purchase channel to ensure effective integration of the honey production supply chain [5]