作 者丨尹华禄 编 辑丨陈思颖 刘雪莹 7月2日晚间，新希望也发布公司独董被查公告并表示，彭龙系公司独立董事，目前除担任公 司独立董事、董事会薪酬与考核委员会委员、董事会风险控制委员会委员、董事会提名委员 会委员外，未担任公司其他职务，不参与公司日常经营管理。上述事项不会对公司生产经营 活动产生重大影响。 苑东生物今年4月发布的年报显示，彭龙曾任西南财经大学党委常委、常务副校长等职务，西 南财经大学金融学院教授。现任西南财经大学金融学院博士生导师、东南大学首席教授、经 济管理学院教授、博士生导师，全国金融专业学位研究生教育指导委员会委员、教育部高等 学校专业设置与教学指导委员会主任委员等职位。2023年5月起任苑东生物独立董事。 公开资料显示，彭龙于1964年出生，毕业于中国科学院系统科学研究所应用数学专业，获博 士学位。1999年起享受国务院政府特殊津贴，2014年入选国家百千万人才工程，被授予"国家 有突出贡献中青年专家"称号。 值得一提的是，彭龙此前曾任北京外国语大学校长。 苑东生物、新希望双双公告：独立董事出事！ 7月2日，创新药上市公司苑东生物（688513.SH）发布公告称，公司于昨日（7月1日） ...

| 证券代码：000876 | 证券简称：新希望 | 公告编号：2025-59 | | --- | --- | --- | | 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 关于公司独立董事接受纪律审查和监察调查的公告 彭龙系公司独立董事，目前除担任公司独立董事、董事会薪酬与 考核委员会委员、董事会风险控制委员会委员、董事会提名委员会委 员外，未担任公司其他职务，不参与公司日常经营管理。上述事项不 会对公司生产经营活动产生重大影响。公司将持续关注上述事项的后 续情况，严格按照相关规定及时履行信息披露义务，敬请广大投资者 注意投资风险。 特此公告 新希望六和股份有限公司 董 事 会 二○二五年七月三日 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。 2025 年 7 月 1 日，新希望六和股份有限公司（以下简称"公司"） 从中共中央纪律检查委员会、中华人民共和国国家监察委员会网站获 悉，公司独立董事、教育部原副厅级干部彭龙涉嫌严重违纪违法，目 前正接受中央纪委国家监委驻教育部纪检监察组纪律审查和山西省 ...

Core Viewpoint - The company New Hope (000876) announced that its independent director, Peng Long, a former deputy-level official from the Ministry of Education, is under investigation for serious violations of discipline and law, currently being reviewed by the Central Commission for Discipline Inspection and the National Supervisory Commission [1] Group 1 - Peng Long is not holding any other positions within the company and does not participate in daily operations [1] - The ongoing investigation is not expected to have a significant impact on the company's production and operational activities [1]

Core Points - The announcement details the conversion of the company's convertible bonds and the changes in its share capital as of the second quarter of 2025 [2][5]. Group 1: Convertible Bond Issuance - The company issued 7.18 million convertible bonds with a total value of 718 million yuan, approved by the China Securities Regulatory Commission [2][3]. - The bonds were listed on the Shenzhen Stock Exchange on January 19, 2021, under the name "New Dairy Convertible Bonds" with the code "128142" [2]. Group 2: Conversion Price Adjustments - The initial conversion price was set at 18.69 yuan per share, which has been adjusted multiple times due to various corporate actions, with the latest adjustment bringing it to 17.95 yuan per share as of June 26, 2025 [3][5]. - Adjustments were made on several occasions due to the implementation of stock incentive plans and annual profit distribution [3][4][5]. Group 3: Conversion and Share Changes - In the second quarter of 2025, the company experienced a reduction in convertible bond amounts by 53,700 yuan, with a total of 537 bonds converted into 2,948 shares [5]. - As of June 30, 2025, the remaining amount of convertible bonds was 717.8864 million yuan, with 7.178864 million bonds still outstanding [5].

Core Points - The announcement details the conversion of convertible bonds issued by New Hope Liuhe Co., Ltd. during the second quarter of 2025 [1][4] - The company has two types of convertible bonds: "Hope Convertible Bond" and "Hope Convertible Bond 2" [1][3] Group 1: Convertible Bond Issuance - "Hope Convertible Bond" was issued on January 3, 2020, with a total amount of 400 million yuan, consisting of 40 million bonds at a face value of 100 yuan each [1][2] - "Hope Convertible Bond 2" was issued on November 2, 2021, with a total amount of 815 million yuan, consisting of 81.5 million bonds at a face value of 100 yuan each [3][4] Group 2: Conversion and Share Capital Changes - In Q2 2025, "Hope Convertible Bond" saw a reduction of 14,000 yuan (140 bonds) due to conversion, while "Hope Convertible Bond 2" saw a reduction of 12,900 yuan (129 bonds), totaling 2,534 shares converted [4] - As of June 30, 2025, the remaining amount for "Hope Convertible Bond" was 949,389,700 yuan with 9,493,897 bonds left, and for "Hope Convertible Bond 2," it was 8,143,485,900 yuan with 81,434,859 bonds remaining [4]

| 证券代码：000876 | 证券简称：新希望 | 公告编号：2025-58 | | --- | --- | --- | | 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 年第二季度可转换公司债券转股情况公告 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。 特别提示： 希望转 2 转股价格：10.6 元/股 4、 希望转债转股时间：2020 年 7 月 9 日至 2026 年 1 月 2 日； 希望转 2 转股时间：2022 年 5 月 9 日至 2027 年 11 月 1 日 （二）希望转 2 发行上市情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核 准新希望六和股份有限公司公开发行可转换公司债券的批复》（证监 许可〔2021〕1351 号）核准，公司于 2021 年 11 月 2 日公开发行了 8,150 万张可转换公司债券，每张面值 100 元，发行总额 815,000 万 元。2021 年 11 月 29 日起在深交所挂牌交易，债券简称"希望转 2"， 债券代码"1 ...

Group 1 - New Hope Group's recent capital market activities have attracted significant attention, particularly the announcement of share reduction by its subsidiary New Dairy (002946.SZ), which led to a nearly 9% drop in stock price the following day [1][5] - Universal Dairy Limited (UDL), the controlling shareholder of New Dairy, plans to reduce its holdings by up to 25.82 million shares, representing 3% of the total share capital, marking the first reduction since New Dairy's listing in 2019 [1][5] - New Dairy has shown strong growth, with a projected net profit of approximately 538 million yuan for 2024, a year-on-year increase of 24.80%, and a first-quarter net profit of 133 million yuan for 2025, reflecting a 48.46% year-on-year growth [5][8] Group 2 - New Hope Group has been undergoing strategic adjustments, focusing on its core agricultural and food sectors, including feed, pig farming, and food processing [7][9] - The company has faced operational pressures, particularly in pig farming, where profit margins have fluctuated significantly, leading to a net loss of 4.608 billion yuan after excluding non-recurring gains in 2023 [8][9] - The reduction in UDL's holdings is seen as a move to optimize asset allocation and provide cash flow support for core business development, particularly in the agricultural and food sectors [9]

New Hope Liuhe's integrated pig farm constructed and operated in Vietnam CONTENTS Message from the Chair About Us Sustainable Development Management Materiality Assessment of ESG Issues Stakeholder Communication Responsibility Focus: 30 Years of the Guangcai Program Opening Building a Strong Foundation for Growth through Effective Governance Party Building Efforts Corporate Governance Risk and Compliance Management Business Ethics Supply Chain Management Nurturing Natural Ecosystems through Green Industry P ...

Core Insights - A significant breakthrough in bioprinting has been achieved by an international research team led by Wake Forest University, which successfully 3D printed functional human islets using a new type of bioink, offering new hope for the treatment of Type 1 diabetes [1] Group 1 - The research demonstrates substantial clinical application potential for the treatment of Type 1 diabetes [1] - The results were first presented at the 2025 European Society of Organ Transplantation Congress, highlighting its importance in the field of regenerative medicine [1]

Investment Rating - The investment rating for the agriculture, forestry, animal husbandry, and fishery industry is "Positive" (maintained) [1] Core Views - The supply contraction has reached a point where the average price of live pigs is expected to rise, with the national average price at 14.74 yuan/kg as of June 29, 2025, showing a week-on-week increase of 0.45 yuan/kg but a year-on-year decrease of 3.17% [4][13] - The profit of pig farming enterprises is expected to maintain high growth year-on-year in Q2 2025, driven by increased output, heavier average weights, and reduced costs [5][23] - The investment logic for the pig sector is improving due to supply contraction and macroeconomic catalysts, suggesting a positive allocation strategy [6][30] Summary by Sections Weekly Observation - In Q2 2025, the average price of live pigs is projected at 14.55 yuan/kg, a year-on-year decrease of 11.22%, while the cost of pig farming has decreased to 13.38 yuan/kg, a year-on-year decline of 2.92% [5][23] - The average weight of pigs at slaughter has increased to 128.99 kg/head, a year-on-year increase of 2.42%, with a projected year-on-year increase of 34.07% in the total output of 12 major listed pig companies [5][23] Weekly Market Performance - The agricultural index underperformed the broader market by 1.11 percentage points, with the Shanghai Composite Index rising by 1.91% and the agricultural index increasing by 0.80% [34][36] - The aquaculture sector led the gains, with notable increases in individual stocks such as Biological Shares (+9.83%) and Spring Snow Food (+9.82%) [34][38] Price Tracking - As of June 27, 2025, the national average price for live pigs was 14.72 yuan/kg, up 0.50 yuan/kg from the previous week, while the average price for piglets was 31.6 yuan/kg, down 0.25 yuan/kg [41][44] - The feed price ratio for pigs was recorded at 4.38:1, indicating the profitability dynamics in the sector [41] Recommendations - The report recommends actively allocating investments in leading pig companies such as Muyuan Foods, Wens Foodstuff Group, and others, as well as in the feed sector benefiting from strong overseas demand [6][30]