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 2025 年第二次临时股东会的 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 2025 年第二次临时股东会（以下简称"本次股东会"）并对本次股东会的相关 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、 法规、规范性文件及《公司章程》的规定发表意见，不对会议审议的议案内容以 - ...

证券代码：000876 证券简称：新希望 公告编号：2025-80 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 2025年第二次临时股东会决议公告 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。 特别提示： 1．本次股东会未出现否决议案的情形。 2．本次股东会不涉及变更前次股东会已通过的决议。 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 7 月 31 日（星期四）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 7 月 31 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 7 月 31 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 会议主持人：公司董事长刘畅女士 本次会议的召开 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | | 成交额(元) | | --- | --- | --- | --- | --- | --- | --- | | 002321 | 华英农业 | 2.51 | 0.40% | | 35.53万 | 8893.94万 Ir | | 300313 | *ST天山 | 10.00 | -0.10% | | 7.82万 | 7969.97万 | | 605296 | 神农集团 | 32.00 | -1.11% | | 3.83万 | 1.23亿 | | 600965 | 福成股份 | 5.20 | -1.14% | 1 | 8.81万 | 4604.07万 | | 300761 | 立华股份 | 19.31 | -1.18% | | 8.68万 | 1.68亿 | | 002124 | 天邦食品 | 3.04 | -1.30% | | 35.98万 | 1.10亿 | | 002746 | 仙坛股份 | 6.11 | -1.45% | | 10.44万 | 6406.52万 | | 002299 | 圣农发展 | 15.96 | -1.54% | | ...

Core Insights - New Hope's stock closed at 9.87 yuan, with a slight increase of 0.1% and a trading volume of 30.46 million shares, amounting to a transaction value of 3.01 billion yuan [1] - The company experienced a net outflow of main funds amounting to 19.03 million yuan, representing 6.32% of the total transaction value [1] - New Hope reported total revenue of 24.42 billion yuan for Q1 2025, reflecting a year-on-year growth of 2.13%, while net profit surged by 122.99% to 445 million yuan [1] Financial Performance - Total revenue for Q1 2025 was 24.42 billion yuan, with a year-on-year increase of 2.13% [1] - Net profit reached 445 million yuan, marking a significant year-on-year growth of 122.99% [1] - The company's current ratio is 0.452, quick ratio is 0.239, and debt-to-asset ratio stands at 69.25% [1] Company Overview - New Hope Liuhe Co., Ltd. was established in 1998 and is based in Mianyang, primarily engaged in the agricultural and food processing industry [2] - The company has a registered capital of 42.16 billion yuan and a paid-in capital of 1 billion yuan [1] - The company has made investments in 67 enterprises and participated in 2,485 bidding projects [2]

Group 1 - The electric vehicle market in Nepal has experienced explosive growth, with 76% of imported electric vehicles in the fiscal year 2023-2024 coming from China [1] - The Nepalese government is actively promoting the transition to electric vehicles to reduce reliance on imported fossil fuels and improve air quality, with electric vehicles accounting for 76% of all passenger car sales and 50% of light commercial vehicle sales in the past year [1][3] - The Nepalese Customs data indicates that nearly 70% of electric vehicles imported last year were from China, highlighting the significant role of Chinese manufacturers in this market [1] Group 2 - Following a dispute with India in 2015, Nepal's oil imports decreased sharply, prompting the government to invest heavily in hydropower and electrical infrastructure to provide affordable, pollution-free electricity [3] - To encourage electric vehicle adoption, the Nepalese government implemented various incentives, including a total tax rate of 40% for electric vehicles compared to 180% for fuel vehicles [3] - The Nepal Electricity Authority has established 62 charging stations, and the government has allowed anyone to build charging facilities while significantly reducing tariffs on imported charging equipment [3][4] Group 3 - Many businesses in Nepal, including hotels and restaurants, have begun installing charging stations, indicating a growing acceptance of electric vehicles [4] - Initially skeptical, car dealers in Nepal have recognized the potential of electric vehicles, with one dealer reporting a significant increase in sales after the introduction of models suited for Nepal's terrain [5] - The competitive pricing of Chinese electric vehicles is making it difficult for Indian manufacturers to compete, as noted by local dealers [5] Group 4 - Despite the growth in electric vehicle adoption, many Nepalese still rely on inexpensive motorcycles and gasoline or diesel buses, indicating a need for more electric buses to address air pollution [7] - The Nepalese government has allocated approximately $22 million for the purchase of electric buses, with state-owned company Sajha Yatayat operating 41 new energy buses in the past two years [7] - Nepal's approach to electric vehicle adoption contrasts with the policies of the US and EU, which are attempting to curb the Chinese electric vehicle industry, offering a hopeful model for developing countries seeking economic growth while avoiding severe pollution [7]

Group 1 - The core point of the article highlights that New Hope's stock price closed at 9.87 yuan on July 30, 2025, with a slight increase of 0.10% from the previous trading day and a trading volume of 301 million yuan, indicating stable market performance [1] - New Hope is a comprehensive enterprise in the domestic agricultural and animal husbandry industry, involved in feed production, livestock breeding, and food processing [1] - The parent company, New Hope Group, ranked 426th on the 2025 Fortune Global 500 list, demonstrating its competitive strength in the global market [1] Group 2 - On July 30, 2025, the net outflow of main funds was 19.03 million yuan, accounting for 0.04% of the circulating market value, indicating a slight decrease in investor confidence [2] - New Hope will hold an extraordinary shareholders' meeting on July 31 to review proposals including changes to independent directors and extending the validity period of the private placement resolution [1]

Core Insights - The concentrated feed industry in China is experiencing a decline in production, with a projected output of 12.94 million tons in 2024, representing an 8.8% year-on-year decrease, primarily due to reduced demand from the livestock sector and rising raw material costs [1][11][19] - The average prices of concentrated feed are also on a downward trend, with specific prices for fattening pig feed at 5 CNY/kg (down 4.4%), layer chicken feed at 3.54 CNY/kg (down 4.4%), and broiler feed at 4.13 CNY/kg (down 5.5%) in the first half of 2025 [13][19] Industry Overview - Concentrated feed, also known as protein supplement feed, is a processed feed with moisture content below 12%, providing essential nutrients like proteins, minerals, and vitamins, and is characterized by high nutritional density and energy content [1][3] - The industry is currently in an adjustment phase, influenced by a decrease in livestock farming demand and increased raw material prices, leading to a shift towards mixed feed [1][11] Industry Policies - The Chinese government has introduced several policies to promote the development of the concentrated feed industry, including initiatives for healthy farming practices and the comprehensive utilization of agricultural by-products [5][6][22] - Key policies include the promotion of low-protein diets and support for the exploration and efficient use of new feed resources [6][22] Industry Chain - The concentrated feed industry chain consists of upstream raw materials (corn, sorghum, fish meal, etc.), midstream production processes, and downstream applications in livestock farming [7][11] Competitive Landscape - Large feed companies dominate the market due to their advantages in brand, scale, and technology, while small and medium enterprises face challenges in technology and market share [15][19] - Major players in the industry include New Hope Liuhe, Haida Group, and Beijing Dabeinong Technology Group [15][19] Development Trends - The industry is expected to see advancements in technology and product innovation, with a focus on personalized and high-end market demands [21] - There is a push for green development in response to stricter environmental regulations, encouraging companies to reduce pollution and improve resource efficiency [22] - The internationalization of the concentrated feed industry is accelerating, with opportunities for growth in export markets driven by initiatives like the Belt and Road [24]

Group 1 - In 2025, three Sichuan companies made it to the Fortune Global 500 list, namely New Hope Group, Shudao Investment Group, and Tongwei Group [1] - Compared to last year, the rankings of these companies have declined, with New Hope Group at 426th (down 48 places), Shudao Investment Group at 454th (down 18 places), and Tongwei Group at 479th (down 12 places) [1] - Sichuan companies have been on the Global 500 list for four years, with New Hope Group being the first to enter in 2021, followed by Shudao Investment Group and Chengdu Xincheng Investment Group in 2022, and Tongwei Group in 2023 [1] Group 2 - Overall, China has 130 companies on the list this year, a decrease of three from last year, with 124 companies from mainland China (including Hong Kong), down four from last year [2] - The total revenue of the companies on the list is approximately $41.7 trillion, which is over one-third of the global GDP, reflecting a growth of about 1.8% from last year [2] - The minimum sales revenue required to enter the list increased from $32.1 billion to $32.2 billion, while the total net profit of the listed companies grew by approximately 0.4% to around $2.98 trillion [2]

Group 1 - The 2025 Fortune Global 500 list reveals that three companies from Sichuan, China, made the rankings: New Hope Group (ranked 426), Sichuan Road and Bridge Group (ranked 454), and Tongwei Co., Ltd. (ranked 479) [1] - New Hope Group was the first Sichuan company to enter the Global 500 in 2021, followed by Sichuan Road and Bridge Group and Chengdu Xingcheng Group in 2022, marking significant milestones for local enterprises [1] - Tongwei Co., Ltd. became the first company in the global photovoltaic industry to enter the Global 500 in 2023, highlighting a breakthrough for Sichuan's manufacturing sector [1] Group 2 - The total revenue of the companies in the 2025 Fortune Global 500 is approximately $41.7 trillion, which exceeds one-third of the global GDP, reflecting a growth of about 1.8% compared to 2024 [2] - The entry threshold for the Global 500 increased from $32.1 billion to $32.2 billion, indicating a competitive landscape for companies aiming to be listed [2] - The total net profit of the listed companies grew by approximately 0.4% year-on-year, reaching around $2.98 trillion, while both total assets and net assets hit record highs since the inception of the Global 500 [2]

Group 1 - The poultry concept sector experienced a decline of 1.12%, ranking among the top losers in the market, with notable declines in companies such as Wens Foodstuffs, Xiaoming Co., and Shennong Development [1][2] - The poultry sector saw a net outflow of 299 million yuan from major funds today, with 19 stocks experiencing net outflows, and 11 stocks seeing outflows exceeding 10 million yuan [2][3] - Wens Foodstuffs led the net outflow with 69.59 million yuan, followed by Tiankang Biological, Tangrenshen, and Lihua Co., with net outflows of 33.68 million yuan, 27.93 million yuan, and 26.47 million yuan respectively [2][3] Group 2 - The top stocks with net outflows in the poultry sector included Wens Foodstuffs (-2.06%), Tiankang Biological (-1.66%), and Tangrenshen (-0.81%), with respective turnover rates of 0.95%, 2.15%, and 2.93% [3][4] - Other companies in the poultry sector that experienced declines include New Hope (-1.00%), Giant Star Agriculture (-1.26%), and Xiaoming Co. (-1.94%), with varying turnover rates [3][4] - Conversely, stocks such as Huaying Agriculture, Chunxue Food, and Hefeng Co. saw net inflows of 6.70 million yuan, 5.44 million yuan, and 4.36 million yuan respectively, indicating some positive movement within the sector [2][4]