证券代码：000998 证券简称：隆平高科 公告编号：2025-45 袁隆平农业高科技股份有限公司董事会 袁隆平农业高科技股份有限公司 关于副总裁辞职的公告 二〇二五年七月二十三日 公司及董事会对宫俊涛先生在任职期间为公司信息化和经营发展付出的辛 勤努力和作出的积极贡献表示衷心的感谢。 特此公告 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。 袁隆平农业高科技股份有限公司（以下简称"公司"）于 2025 年 7 月 22 日 收到副总裁宫俊涛先生的辞职报告，宫俊涛先生因个人原因向董事会辞去副总裁 职务，其原定任期至第九届董事会任期届满之日止。根据《中华人民共和国公司 法》及《公司章程》的有关规定，宫俊涛先生的辞职报告自送达公司董事会时生 效。宫俊涛先生辞职后将不再担任公司及子公司其他任何职务。截至本公告披露 日，宫俊涛先生除持有员工持股计划份额外，未持有公司股份，不存在应当履行 而未履行的承诺事项。 ...

Investment Rating - The investment rating for the agriculture, forestry, animal husbandry, and fishery industry is "Positive" (maintained) [1] Core Views - The report highlights that the investment logic for live pigs is marginally improving, supported by both fundamental and policy factors, with expectations of rising prices in the second half of 2025 [25] - The domestic pet consumption market remains stable, but trade tensions have put pressure on exports, with a notable decline in sales and export figures [20][29] Summary by Sections Weekly Observation - Short-term supply increases have led to a decline in pig prices, but after market adjustments, prices may rise further [4][13] - As of July 18, the average price of live pigs was 14.19 yuan/kg, down 3.34% from the previous week [13][14] Weekly Market Performance - The agriculture index underperformed the market by 0.83 percentage points, with the Shanghai Composite Index rising by 0.69% [30][32] - The animal health sector showed the highest gains among sub-sectors [30] Price Tracking - The average price of live pigs decreased to 14.27 yuan/kg, while the price of piglets increased slightly to 31.96 yuan/kg [41] - The price of corn decreased to 2473 yuan/ton, while soybean meal prices rose to 2928 yuan/ton [15][56] Key News - As of the end of Q2 2025, the number of breeding sows was reported at 40.43 million, with overall meat production showing a slight increase [38] - The report indicates a stable trend in domestic pet food sales, with a total of 31.87 billion yuan in sales for June, down 7.98% year-on-year [20][23] Recommendations - Recommended stocks in the pig farming sector include Muyuan Foods, Wens Foodstuff Group, and others, while in the feed sector, Hai Da Group and New Hope Liuhe are highlighted [25][29]

Core Viewpoint - The company has appointed Hu Bo as the new Vice President, effective from the date of the board meeting approval until the end of the current board's term, with the possibility of re-election [1][6]. Group 1: Appointment Details - The appointment was proposed by the company's president, Yin Xianwen, and approved by the board of directors [1][6]. - The board meeting was held on July 16, 2025, with all nine directors present, and the resolution passed with 100% approval [6][7]. - The number of senior management personnel concurrently serving on the board does not exceed half of the total number of directors [2][6]. Group 2: Hu Bo's Background - Hu Bo, born in April 1979, holds a bachelor's degree in Accounting from Tsinghua University and a master's degree in Finance from Renmin University of China [4]. - He is a certified public accountant (CPA, CGA) and a chartered financial analyst (CFA) [4]. - Hu Bo has previously worked at Ping An Bank, Beijing Jiemeng Management Consulting, COFCO Group, and CITIC Agricultural Technology Co., Ltd., where he served as Investment Director [4].

本议案的详细内容见公司于同日在《中国证券报》《上海证券报》《证券时 报》及巨潮资讯网（http://www.cninfo.com.cn）上披露的《关于聘任公司副总裁的 公告》。 证券代码：000998 证券简称：隆平高科 公告编号：2025-43 袁隆平农业高科技股份有限公司 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。 一、董事会会议召开及审议情况 袁隆平农业高科技股份有限公司（以下简称"公司"）第九届董事会第二十 次（临时）会议于 2025 年 7 月 16 日下午 2:00 在北京市朝阳区亮马河大厦以现场 与视频相结合的方式召开。本次会议的通知于 2025 年 7 月 9 日以电话和电子邮件 等方式送达全体董事、监事和高级管理人员。本次会议由董事长刘志勇主持，会 议应到董事 9 人，实到董事 9 人。公司监事会成员及高级管理人员列席了本次会 议。本次会议的召集和召开符合《中华人民共和国公司法》及《袁隆平农业高科 技股份有限公司章程》的有关规定。经与会董事认真研究审议，形成如下决议： 审议通过了《关于聘任公司副总裁的议案》 经公司总裁尹贤文提名，公司董事 ...

证券代码：000998 证券简称：隆平高科 公告编号：2025-44 经公司总裁尹贤文提名，并经董事会提名与薪酬考核委员会资格审核通过， 董事会同意聘任胡博为公司副总裁。任期自本次董事会审议通过之日起至第九届 董事会任期届满之日止，连选可以连任。 第九届董事会中兼任公司高级管理人员人数总计未超过公司董事总数的二 分之一。 胡博简历详见附件。 特此公告 袁隆平农业高科技股份有限公司董事会 二〇二五年七月十七日 袁隆平农业高科技股份有限公司 关于聘任公司副总裁的公告 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。 袁隆平农业高科技股份有限公司（以下简称"公司"）于 2025 年 7 月 16 日 召开第九届董事会第二十次（临时）会议，审议并通过了《关于聘任公司副总裁 的议案》，现将具体情况公告如下： 胡博：男，1979年4月出生，清华大学会计学（国际会计）学士，中国人民 大学金融学硕士，加拿大注册会计师（CPA, CGA）、特许金融分析师（CFA） 持证人，获得上市公司董事会秘书培训证明。曾任职平安银行股份有限公司、北 京捷盟管理咨询有限公司；2006年7月至20 ...

审议通过了《关于聘任公司副总裁的议案》 证券代码：000998 证券简称：隆平高科 公告编号：2025-43 袁隆平农业高科技股份有限公司 第九届董事会第二十次（临时）会议决议公告 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。 一、董事会会议召开及审议情况 袁隆平农业高科技股份有限公司（以下简称"公司"）第九届董事会第二十 次（临时）会议于 2025 年 7 月 16 日下午 2:00 在北京市朝阳区亮马河大厦以现场 与视频相结合的方式召开。本次会议的通知于 2025 年 7 月 9 日以电话和电子邮件 等方式送达全体董事、监事和高级管理人员。本次会议由董事长刘志勇主持，会 议应到董事 9 人，实到董事 9 人。公司监事会成员及高级管理人员列席了本次会 议。本次会议的召集和召开符合《中华人民共和国公司法》及《袁隆平农业高科 技股份有限公司章程》的有关规定。经与会董事认真研究审议，形成如下决议： 经公司总裁尹贤文提名，公司董事会同意聘任胡博担任公司副总裁，任期自 本次董事会审议通过之日起至本届董事会任期届满之日止，连选可以连任。 第九届董事会中兼任公司高级管理 ...

隆平高科（000998）公告，预计2025年上半年净利润为亏损1.88亿元–1.39亿元，上年同期为盈利1.11亿 元。 ...

证券代码：000998 证券简称：隆平高科 公告编号：2025-42 袁隆平农业高科技股份有限公司 2025 年半年度业绩预告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 二、与会计师事务所沟通情况 本次业绩预告相关数据是袁隆平农业高科技股份有限公司（以下简称"公司"） 财务部门初步测算的结果，未经会计师事务所审计，但公司已就业绩预告相关事项 与年报会计师事务所进行了初步沟通，双方不存在重大分歧。 三、业绩变动原因说明 本报告期公司业绩变动的主要原因： （一）报告期内，受境内玉米种子市场供大于求、行业去库存压力增大、市场 竞争加剧等因素的影响，公司玉米种子业务销量较上年同期有所下滑，使得公司营 业收入同比下降。 1 一、本期业绩预计情况 （一）业绩预告期间：2025 年 1 月 1 日—2025 年 6 月 30 日 （二）业绩预告情况：预计净利润为负值 | 项目 | | 本报告期 | | 上年同期 | | | --- | --- | --- | --- | --- | --- | | 归属于上市公司 | 亏损：18,800 | 万元–13,880 | 万元 ...

Investment Rating - The report maintains a "Buy" rating for the agriculture, forestry, animal husbandry, and fishery sector [4] Core Viewpoints - Recent policy guidance has led to a rapid decline in post-slaughter weight, allowing for a rebalancing of volume and price, with positive expectations for pig prices [3] - The long-term perspective indicates that the bottom of the production capacity cycle is becoming clearer, suggesting a potential long-term profit upturn for the sector [3] - The report highlights investment opportunities in various segments, including pig farming, feed, and planting chains, as well as the pet food sector [3] Summary by Sections Pig Farming Sector - In June, 13 listed pig companies collectively slaughtered 16.2681 million pigs, a month-on-month increase of 2.65% and a year-on-year increase of 47.55% [2][13] - The average selling price of pigs decreased by approximately 3% month-on-month and about 20% year-on-year, with prices ranging from 13.23 to 15.57 yuan/kg [14][15] - The average weight of slaughtered pigs in June was 125.06 kg, down 0.77 kg from May, indicating a trend towards reducing weight [17] Market Dynamics - The national average price for live pigs was 14.81 yuan/kg as of July 11, reflecting a week-on-week decline of 3.52% [28] - The demand for pork is weakening due to high temperatures affecting consumption and rising storage costs, leading to a gradual loosening of supply-demand dynamics [28] Investment Recommendations - The report recommends focusing on leading companies such as Muyuan Foods, Wens Foodstuff, and Juxing Agriculture, as well as companies in the feed and animal health sectors like Haida Group and Ruipu Biological [3] - In the planting chain, opportunities are highlighted for companies like Suqian Agricultural Development and Beidahuang [3] Other Segments - The pet food industry is experiencing growth, with increasing recognition of domestic brands and continuous growth of leading companies [3]

Investment Rating - The report maintains a "Recommend" rating for the industry, indicating a positive outlook for the sector's fundamentals [15]. Core Insights - The global demand gap for corn and wheat continues to expand, while soybean supply remains ample [1]. - The USDA report indicates a downward revision in U.S. corn production expectations, but global production is still expected to be high, leading to an increased production gap for the 2025/26 season [2][3]. - For wheat, global production is projected to increase, but the demand gap is also expected to widen, with a notable increase in total consumption [8]. - The soybean market shows a slight increase in global production expectations, but supply remains relatively loose, with domestic demand in the U.S. improving [10][11]. Summary by Sections Corn - The USDA report revised the 2025/26 global corn production down by approximately 2.32 million tons to 1.264 billion tons, a year-on-year increase of 3.1% [2]. - The U.S. corn production is expected to decrease by 1.15 million bushels, with total demand projected to reach a record 1.276 billion tons, resulting in a production gap of 12.1 million tons [3][6]. - The global corn ending stocks-to-use ratio is expected to decline to 21.3%, down 1.3 percentage points year-on-year [2][6]. Wheat - The global wheat production forecast for 2025/26 has been slightly revised down by 40,000 tons to 808 million tons, with a year-on-year increase of 1.1% [8][9]. - Total global wheat consumption is expected to rise by 800,000 tons to 811 million tons, leading to an expanded production gap of 2.07 million tons [8]. - The global wheat ending stocks-to-use ratio is projected to be 32.3%, down from the previous year [8][9]. Soybeans - The USDA report raised the global soybean production forecast by 860,000 tons to 428 million tons, a year-on-year increase of 1.4% [10][12]. - U.S. soybean production is expected to decrease by 140,000 tons to 11.8 million tons, while domestic demand is projected to increase due to higher biodiesel usage [11][13]. - The global soybean ending stocks-to-use ratio is expected to be 29.7%, down from the previous year [10][12]. Investment Recommendations - The report suggests a favorable outlook for international corn and wheat prices, driven by expanding demand gaps and supply dynamics [15]. - The focus on food security is emphasized, with recommendations for companies involved in seed production and agricultural technology, particularly those benefiting from the commercialization of genetically modified corn [15].