Core Viewpoint - Longping High-Tech (000998.SZ) announced the resignation of director Zhang Jian due to job relocation, and he will no longer hold any positions within the company or its subsidiaries [1] Summary by Sections - Resignation Details - Zhang Jian submitted his resignation report recently, citing job relocation as the reason [1] - After his resignation, he will not hold any positions in the company or its subsidiaries [1] - Shareholding Status - As of the date of the announcement, Zhang Jian does not hold any shares in the company [1] - There are no unfulfilled commitments that he is required to perform [1]

格隆汇8月31日丨隆平高科(000998.SZ)公布，公司于近日收到公司董事张坚先生提交的辞职报告。因工 作调动原因，张坚先生申请辞去公司第九届董事会董事职务。辞职后，张坚先生不再担任公司及子公司 任何职务。截至本公告披露日，张坚先生未持有公司股份，不存在应当履行而未履行的承诺事项。 ...

证券代码：000998 证券简称：隆平高科 公告编号：2025-59 特此公告 袁隆平农业高科技股份有限公司董事会 二〇二五年九月一日 袁隆平农业高科技股份有限公司（以下简称"公司"）于近日收到公司董事 张坚先生提交的辞职报告。因工作调动原因，张坚先生申请辞去公司第九届董事 会董事职务。辞职后，张坚先生不再担任公司及子公司任何职务。截至本公告披 露日，张坚先生未持有公司股份，不存在应当履行而未履行的承诺事项。 张坚先生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，张坚先生的辞职未导致公司董事会成员低 于法定最低人数，其辞职不会影响公司董事会的正常运行，辞职报告自送达公司 董事会之日起生效。公司将按照相关规定尽快完成董事补选工作。 张坚先生自 2016 年担任本公司董事以来，忠实勤勉地履行董事的各项职责， 在资本运作、风险管控等方面发挥了积极作用。公司及公司董事会对张坚先生在 任职期间为公司所做的贡献表示感谢！ 袁隆平农业高科技股份有限公司 关于公司非独立董事辞职的公告 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 ...

Investment Rating - The industry is rated as "Buy" [4] Core Insights - In July, the Ministry of Agriculture and Rural Affairs reported a stable yet slightly declining breeding sow inventory at 40.42 million heads, with a significant increase in pig slaughtering volume, reaching 31.66 million heads, a month-on-month increase of 5.3% and a year-on-year increase of 30.4% [1][3] - The average price of commodity pigs showed a slight rebound to 14.84 yuan/kg in July, with a month-on-month increase of 1.9% but a year-on-year decrease of 21.6% [1] - The overall profitability of the industry remained marginal, with average profits per head for large-scale farms at 21 yuan and for smallholders at 6 yuan [1] Summary by Sections 1. Industry Performance - The agricultural sector outperformed the market, with the agricultural index rising by 2.02% compared to the Shanghai Composite Index's 0.84% increase [13] - The livestock farming sector saw a rise of 4.39%, while other sectors like animal health and fisheries experienced declines [13] 2. Key Data Tracking - The average price of live pigs was reported at 13.66 yuan/kg, down 0.65% week-on-week, while the average price of piglets was 27.14 yuan/kg, down 2.3% [22] - The average slaughter weight of pigs decreased to 127.83 kg, with a slight decline of 0.15 kg week-on-week [22] 3. Investment Recommendations - The pig farming sector is expected to enter a long-term profit upcycle, with recommendations for companies such as Muyuan Foods, Wens Foodstuff Group, and Juxing Agriculture [3][68] - The feed and animal health sectors are also highlighted for potential growth, particularly with the recent clinical trials of vaccines [3][68] - The planting chain is recommended for investment due to the upward trend in grain prices, with companies like Suqian Agricultural Development and Beidahuang being noted [3][68] - The pet food sector is experiencing growth, with recommendations for companies like Guibao Pet and Zhongchong Co., Ltd. [3][70]

Group 1 - The company Longping High-Tech (隆平高科) primarily focuses on the production of corn seeds, which are mainly used for feed corn cultivation, with a small portion dedicated to sweet corn planting [1]

Core Viewpoint - Longping High-Tech (隆平高科) has established its subsidiary Longping Kaihong as of the end of June, indicating ongoing investment and expansion efforts in the agricultural sector [1] Group 1 - Longping High-Tech responded to investor inquiries on August 29 regarding its investments [1] - The establishment of Longping Kaihong reflects the company's strategic initiatives in enhancing its operational capabilities [1]

证券日报网讯隆平高科（000998）8月29日在互动平台回答投资者提问时表示，公司上半年通过优化债 务结构、压降有息负债规模，并积极争取优惠贷款利率，较上年同期减少0.46亿元，降幅约17.33%。公 司下半年将持续推动降本增效、精益降费，如40亿元流动资金银团贷款置换以降低财务费用及风险控 制。 ...

Group 1 - The core viewpoint of the articles highlights the positive performance of agricultural stocks and the grain industry index, with specific stocks like Agricultural Products (000061) and Cangge Mining (000408) showing significant increases in value [1][2] - As of August 29, 2025, the National Grain Industry Index (399365) has seen a rise in its component stocks, with a notable increase of 9.96% for Agricultural Products and 6.00% for Cangge Mining [1] - The total early rice production in China for 2025 is projected to be 28.513 million tons (570.3 billion jin), reflecting a year-on-year increase of 339,000 tons (6.8 billion jin), or 1.2% [1] Group 2 - The National Grain Industry Index (399365) closely tracks the performance of listed companies related to the grain industry on the Shanghai and Shenzhen stock exchanges [2] - As of July 31, 2025, the top ten weighted stocks in the National Grain Industry Index account for 50.43% of the index, with major companies including Dabeinong (002385) and Longping High-Tech (000998) [2] - The industry is expected to benefit from ongoing support policies for seed industry and the maturation of new biological breeding technologies, which may optimize the competitive landscape [1]

Group 1 - The genetically modified (GM) concept sector declined by 1.81%, ranking among the top declines in concept sectors as of the market close on August 28 [1] - Within the GM sector, major decliners included Top Cloud Agriculture, Longping High-Tech, and Da Bei Nong, while New An Co., Ba Tian Co., and Hua Bang Health saw slight increases of 0.57%, 0.56%, and 0.41% respectively [1] - The top gainers in other concept sectors included Copper Cable High-Speed Connection (+5.61%), Co-Packaged Optics (+5.13%), and F5G Concept (+5.12%) [1] Group 2 - The GM sector experienced a net outflow of 217 million yuan, with 13 stocks seeing net outflows, and 10 stocks with outflows exceeding 10 million yuan [1] - Top Cloud Agriculture had the highest net outflow of 53.95 million yuan, followed by Longping High-Tech (35.27 million yuan) and Da Bei Nong (22.89 million yuan) [1] - New An Co. and Dunhuang Seed Industry were the only stocks in the GM sector to see net inflows, with 5.72 million yuan and 0.38 million yuan respectively [2]

Group 1 - The grain concept sector experienced a decline of 1.01%, ranking among the top declines in the concept sectors, with notable declines in stocks such as Yalian Development, QuanYin High-Tech, and Wanxiang DeNong [1] - Among the grain concept stocks, 39 experienced net outflows from main funds, with a total outflow of 504 million yuan, led by Beidahuang with a net outflow of 57.84 million yuan [1] - The top gainers in the grain concept sector included COFCO Technology, Lianhua Holdings, and Ruimaotong, with increases of 0.81%, 0.78%, and 0.66% respectively [1] Group 2 - The top concept sectors for gains included Copper Cable High-Speed Connection with a rise of 5.61%, and Co-Packaged Optics (CPO) with a rise of 5.13%, while the Transgenic sector fell by 1.81% [1] - The grain concept sector saw significant net outflows, with six stocks experiencing outflows exceeding 30 million yuan, including ChuanNing Biological and Lianhua Holdings [1][2] - The main funds saw inflows in stocks such as Ruimaotong, Guangyu Group, and JiaHua Shares, with inflows of 5.29 million yuan, 3.44 million yuan, and 2.75 million yuan respectively [2]