南财智讯2月3日电，隆平高科在投资者关系活动中表示，针对国内玉米行业低迷现状，公司已提前储备 耐密植和转基因品种等下一代玉米品种，其中转基因品种已获得市场推广认可；部分5500-6000株/亩的 耐密植品种将通过国审审定推向市场；同时通过2025年收购武汉川禾布局鲜食玉米赛道、控股黑龙江乾 吉落子黄金玉米带，2026年将继续抓住外延扩张机会保障国内业务稳定。 ...

南财智讯2月3日电，隆平高科在投资者关系活动中表示，在国内水稻种子行业竞争加剧、极端气候频发 背景下，公司水稻业务保持稳健经营，市场占有率超20%；已前瞻性布局优质稻品种，围绕市场需求推 进高附加值品种的研发与储备；在东南亚等国际市场，依托中国与当地农业科技"代际差"，推进适应当 地气候条件、满足种植需求的品种选育与本土化布局。 ...

南财智讯2月3日电，隆平高科在投资者关系活动中表示，2025年度隆平巴西通过优化组织结构、强化市 场研判与营销运作实现量价齐升；在供应链、人力、财税等方面实施全方位精益降本，毛利率预计同比 提升8个百分点以上；并通过约40亿元人民币银团贷款置换高利率债务、运用五年期套期保值工具严控 外汇风险敞口，财务费用较上年同期下降约超90%；未来将持续强化运营能力、营销运作及降本增效， 推进负债结构优化，力争2026年实现扭亏为盈。 ...

长江商报消息 ●长江商报记者 徐阳 隆平高科（000998.SZ）2025年逆势增长，展现出作为种业龙头的经营韧性。 根据业绩预告，2025年，隆平高科预计实现归母净利润为1.3亿元至1.9亿元，上年同期盈利1.14亿元， 同比增长14.17%至66.86%；预计实现扣非净利润为6000万元至8800万元，上年同期亏损2.89亿元，同比 扭亏。 隆平高科积极应对行业波动，不断提升经营韧性。 2025年度业绩预告显示，隆平高科预计2025年度归属于上市公司股东的净利润（以下简称"归母净利 润"）对比2024年同期增长14.17%至66.86%，扣除非经常性损益后的净利润（以下简称"扣非净利润"） 扭亏为盈。 结合前三季度财务数据，长江商报记者粗略计算，隆平高科2025年第四季度的归母净利润将超过7.94亿 元、扣非净利润超过7.6亿元，这一亮眼业绩一举扭转前三季度的亏损局面。 根据公告，隆平高科2025年年度业绩增长主要得益于国外玉米业务多措并举，营业收入实现增长，利润 大幅减亏，以及公司持续推行精细化资金管理的模式。 作为以袁隆平院士的名字命名、中信集团实控管理的民族种业领军企业，隆平高科盈利能力大幅改善的 ...

证券之星消息，2月2日种植业板块较上一交易日下跌6.54%，荃银高科领跌。当日上证指数报收于 4015.75，下跌2.48%。深证成指报收于13824.35，下跌2.69%。种植业板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002772 | 众兴菌业 | 17.10 | 4.20% | 32.90万 | | 5.57亿 | | 002041 | 壹海种业 | 11.64 | 3.10% | 125.74万 | | 14.19 Z | | 600883 | 博闻科技 | 8.50 | -1.28% | ● 7.61万 | | 6522.79万 | | 603336 | 宏辉果蔬 | 9.12 | -1.94% | 13.58万 | | 1.25亿 | | 300511 | 雪榕生物 | 6.00 | -2.44% | 23.26万 | | 1.41亿 | | 920087 | 秋乐种业 | 20.44 | -2.81% | 22.51万 | | 4.41亿 ...

证券日报网讯 2月2日，隆平高科在互动平台回答投资者提问时表示，机构投资者的持股比例受市场环 境、行业周期及机构资金配置策略调整等多重因素影响。公司高度重视资本市场价值和投资者长期价值 回报，持续通过经营韧性提升、并购重组、优化资产结构、现金分红、信息披露、投资者关系管理、价 值传播等多维度开展工作，全面传递公司发展战略与内在价值。 （文章来源：证券日报） ...

证券研究报告 农林牧渔 通胀预期下如何看种植链投资机会？ 华泰研究 2026 年 2 月 01 日│中国内地 动态点评 农林牧渔 增持 (维持) | 姚雪梅* | 研究员 | | --- | --- | | SAC No. S0570525100001 | yaoxuemei@htsc.com | | | +(86) 21 2897 2228 | | 樊俊豪 | 研究员 | SAC No. S0570524050001 SFC No. BDO986 王煜坤* 联系人 SAC No. S0570125120001 wangyukun@htsc.com 行业走势图 (6) 3 12 20 29 Feb-25 Jun-25 Oct-25 Jan-26 (%) 农林牧渔 沪深300 资料来源：Wind，华泰研究 重点推荐 | | | 目标价 | | | --- | --- | --- | --- | | 股票名称 | 股票代码 | (当地币种) | 投资评级 | | 隆平高科 | 000998 CH | 12.77 | 买入 | | 登海种业 | 002041 CH | 12.06 | 增持 | | 资料来源：华泰研 ...

Investment Rating - Industry Rating: Recommended [3] Core Insights - The report highlights the implementation of a national seed market inspection for spring crops, focusing on key crops such as corn, soybeans, rice, cotton, potatoes, and vegetables. This initiative aims to ensure seed quality and combat counterfeit products, which is expected to enhance the planting industry chain [1][11]. - The report anticipates a continued acceleration in the commercialization of genetically modified (GM) seeds, which is crucial for improving self-sufficiency rates in key varieties. The upcoming central document is expected to catalyze the seed industry sector [1][11]. - In the pig farming sector, the average price of live pigs has decreased to 12.61 CNY/kg, reflecting a 2.91% week-on-week decline. This trend is attributed to seasonal consumption patterns and inventory adjustments post-holiday [2][12]. - The report suggests that the pig farming sector may see accelerated capacity reduction as it enters a traditional off-season for pork consumption, presenting potential investment opportunities [2][12]. Summary by Sections Planting Industry Chain - The Ministry of Agriculture and Rural Affairs has initiated a seed market inspection to ensure the safety of seeds for spring production, focusing on major crops [1][11]. - The emphasis on GM technology is expected to revolutionize yield improvements and enhance self-sufficiency in key crops [1][11]. - Recommended stocks in the planting sector include Beidahuang and Suqian Agricultural Development, with a focus on companies with significant first-mover advantages in the seed industry such as Dabeinong and Longping High-Tech [1][11]. Pig Farming - The average price of live pigs is currently 12.61 CNY/kg, with a notable week-on-week decline of 2.91% due to seasonal factors and inventory management [2][12]. - The number of breeding sows has decreased to 39.61 million, reflecting a 2.9% year-on-year decline, indicating a trend towards capacity reduction [2][12]. - Recommended stocks in the pig farming sector include Lihua Agricultural, Muyuan Foods, and Shuanghui Development, among others [2][12]. Key Agricultural Product Data Tracking - Corn: The average price is 2377.26 CNY/ton, with a week-on-week increase of 0.32% [26]. - Wheat: The average price is 2529.67 CNY/ton, with a week-on-week increase of 0.18% [29]. - Soybeans: The average price is 4072.11 CNY/ton, remaining stable week-on-week [41]. - Cotton: The average price is 15750 CNY/ton, with a week-on-week increase of 0.56% [46]. Feed and Vitamin Prices - The average price of pig feed is 2.65 CNY/kg, stable week-on-week [53]. - Vitamin E averages 55.30 CNY/kg, reflecting a week-on-week increase of 1.47% [63].

[Table_PicQuote] 相对市场表现 -10% -2% 6% 14% 22% 30% 02/25 04/25 06/25 09/25 11/25 01/26 农林牧渔 沪深300 [分析师： Table_Author]钱浩 SAC 执证号：S0260517080014 SFC CE No. BND274 021-38003634 shqianhao@gf.com.cn 分析师： 高一岑 SAC 执证号：S0260525100002 021-38003780 gaoyicen@gf.com.cn 请注意，高一岑并非香港证券及期货事务监察委员会的注 [Table_Page] 深度分析|农林牧渔 证券研究报告 [Table_Title] 农林牧渔行业 玉米种业处于去库存阶段，政策推动行业高质量发展 [Table_Summary] 核心观点： [Table_Grade] 行业评级 买入 前次评级 买入 报告日期 2026-02-01 册持牌人，不可在香港从事受监管活动。 | DocReport] [Table_ 相关研究： | | | --- | --- | | 农林牧渔行业:白鸡专题四： | 2026-0 ...

Investment Rating - Industry rating: "Overweight" [2] Core Insights - The report highlights a significant drop in pig prices by 6% to 12.21 CNY/kg, while the price of white feather chicken products has increased to 9,400 CNY/ton [3][4] - The report indicates that the pig farming sector has been profitable for three consecutive weeks, with a profit of 25.1 CNY per head [3] - The report recommends continued investment in the pig farming sector, particularly in companies like Muyuan Foods, Tiankang Biological, Wens Foodstuff, and Lihua Agricultural [3] Summary by Sections Pig Farming - The average weight of pigs at slaughter has decreased to 127.86 kg, with the proportion of heavy pigs (over 150 kg) at 5.78% [3] - The price of two-yuan sows remains stable at 1,559 CNY/head, while the price of piglets has increased by 3.3% week-on-week [3] - The report anticipates a new wave of price declines post-Chinese New Year due to expected capacity reduction in the pig industry [3] Chicken Farming - The price of white feather chicken products has risen to 9,400 CNY/ton, reflecting a week-on-week increase of 1.6% [4] - Yellow feather chicken farming has been profitable for over five months, with an average price of 14.95 CNY/kg [4] - The report notes a historical high in the number of breeding stock for white feather chickens, with a total of 157.42 million sets updated in December 2025 [4] Cattle Industry - As of the end of 2025, the cattle stock in China has decreased by 8.6%, with expectations for prices to rise in the first half of 2026 [8] - The report suggests that the decline in cattle stock is a precursor to rising beef prices, with historical data supporting this trend [8] Pet Food Market - The pet market in China is projected to grow by 4.1% in 2025, reaching a total market size of 312.6 billion CNY [7] - The pet food market share has increased to 53.7%, with significant growth in core brands [7]