公司2025年独立董事专门会议第四次会议已就本次关联交易事项进行了审 议，全体独立董事一致同意将该事项提交董事会审议，关联董事需回避表决。2025 年12月19日，公司召开第九届董事会第二十五次（临时）会议审议通过了《关于 转让华智生物技术有限公司股权暨关联交易的议案》。鉴于交易对手方中信农业 为公司第一大股东，本次交易构成关联交易，但不构成《上市公司重大资产重组 管理办法》规定的上市公司重大资产重组。本次事项在公司董事会审批权限范围 内，无需提交公司股东会审议。 1 二、交易对方的基本情况 中信建投证券股份有限公司 关于袁隆平农业高科技股份有限公司 转让华智生物技术有限公司股权暨关联交易的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作 为袁隆平农业高科技股份有限公司（以下简称"隆平高科"或"公司"）向特定 对象发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《深圳证券交 易所股票上市规则》《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》等有关规定履行持续督导职责，对隆平高科转让华智生物技术 有限公司（以下简称"华智生物"或"目标公司"）股权暨关联 ...

中信建投证券股份有限公司 关于袁隆平农业高科技股份有限公司 收购湖南隆平油料种业有限公司股权并对其增资 暨关联交易的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐人"）作 为袁隆平农业高科技股份有限公司（以下简称"隆平高科"或"公司"）向特定 对象发行股票的保荐人，根据《证券发行上市保荐业务管理办法》《深圳证券交 易所股票上市规则》《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》等有关规定履行持续督导职责，对隆平高科收购湖南隆平油 料种业有限公司（以下简称"隆平油料"或"目标公司"）股权并对其增资暨关 联交易事项进行了审慎的核查，具体核查情况及核查意见如下： 一、交易概述 隆平高科控股子公司北京联创种业有限公司（以下简称"联创种业"）拟与 诚通中信农业结构调整投资基金（有限合伙）（以下简称"诚通基金"）、自然人 田志海及公司签订股权转让及增资协议，以 1,755.18 万元、513.42 万元、537.30 万元分别受让诚通基金、田志海及公司持有的隆平油料 49.00%、15.00%、14.33% 股权；原由公司持有的未实缴出资的 5%股权（对应注册资本 150 ...

Core Insights - Data is becoming a new production factor that is reshaping development logic and driving high-quality growth, with Changsha showcasing significant achievements in the 2025 "Data Factor ×" competition [1][2] - The project "Empowering 'Longping Seed · China Chip': Building a Benchmark for Intelligent Seed Industry with Data Factors" won the national first prize, highlighting the integration of data in agriculture to strengthen food security [2][4] Industry Transformation - The Chinese seed industry is at a critical juncture, transitioning from traditional methods to modern practices, facing challenges such as resource utilization and low levels of intelligent management [4] - A data-driven transformation is underway, leveraging a combination of biotechnology, agricultural technology, and digital technology to create a new model for industry integration [5] Data Governance and Utilization - The project has established a comprehensive governance system to convert scattered data into valuable industry assets, identifying 263 key business objects and creating 118 data governance standards [5][7] - Advanced data collection systems ensure reliable data sourcing, while blockchain technology facilitates secure data sharing and application, addressing long-standing issues of data silos and trust [5][7] Practical Outcomes - The implementation of an AI-driven breeding platform has accelerated research, reducing breeding cycles from 8-10 years to 3-4 years and increasing research efficiency by 38% [7][8] - Cost reductions of 8.3% per acre and yield increases of 5-10% have been achieved through transparent and traceable seed production processes [7][8] - Digital platforms have connected over 30,000 distributors and service providers, reaching more than 9 million farmers, leading to an annual increase in grain production of approximately 5 billion kilograms and farmer income growth of about 13 billion yuan [8]

格隆汇12月17日丨隆平高科(000998.SZ)公布，公司收到第一期员工持股计划管理委员会的通知，其已 根据持有人会议的授权，于2023年7月24日—2025年12月17日期间，通过大宗交易方式累计减持公司股 票23,001,458股，占公司总股本的1.57%。其中大宗交易的受让方与公司持股5%以上股东不存在关联关 系或者一致行动关系。截至本公告披露日，本员工持股计划所持公司股票已全部减持完毕。 ...

证券代码：000998 证券简称：隆平高科 公告编号：2025-82 袁隆平农业高科技股份有限公司 关于长期服务计划之第一期员工持股计划 减持完成暨终止的公告 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。 袁隆平农业高科技股份有限公司（以下简称"公司"）长期服务计划之第一 期员工持股计划（以下简称"本员工持股计划"）所持公司股票已于近日通过大 宗交易方式全部减持完毕。根据《关于上市公司实施员工持股计划试点的指导意 见》《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》 及《袁隆平农业高科技股份有限公司长期服务计划之第一期员工持股计划管理办 法》（以下简称《第一期员工持股计划管理办法》）等相关规定，现将具体情况 说明如下： 一、本员工持股计划概述 （一）2022 年 2 月 14 日、2022 年 3 月 2 日，公司分别召开第八届董事会第 十四次（临时）会议、2022 年第一次（临时）股东大会，审议并公告了《关于 公司〈长期服务计划之第一期员工持股计划（草案）〉及摘要的议案》等议案， 同意公司实施本员工持股计划，本员工持股计划购买标的股票的 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | | | | | 2025-12-17 | 000998 | 隆平高科 | 9.18 | 81.10 | | 744.52 西部证券股份有限 | 中信建投证券股份 | | | | | | | | 公司西安东大街证 | 有限公司长沙金星 | | | | | | | | 劳营业部 | 中路证券营业部 | 12月17日，隆平高科大宗交易成交81.1万股，成交额744.52万元，占当日总成交额的5.36%，成交价9.18 元，较市场收盘价9.3元折价1.29%。 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | | 2025-12-16 | 000998 | 隆平高科 | 9.16 | 70.00 | | 641.20 中信证券股份有限 | 中信建投证券股份 | | | | | | | | 公司北京总部证券 | 有限公司长沙金星 | | | | | | | | 营业部 | 中路证券营业部 | 12月16日，隆平高科大宗交易成交70万股，成交额641.2万元，占当日总成交额的4.66%，成交价9.16 元，较市场收盘价9.28元折价1.29%。 ...

证券日报网讯12月15日，隆平高科（000998）在互动平台回答投资者提问时表示，公司不存在外商投资 负面清单中禁止外商投资的业务情形，亦不涉及违反外商投资相关法律法规的情形。 ...

Investment Rating - The report maintains a positive outlook on leading agricultural companies, suggesting investment opportunities in the sector [5]. Core Insights - The agricultural sector has shown resilience, with the industry index outperforming the broader market by 0.4 percentage points during the week of December 8-12, 2025 [13]. - The report highlights significant growth in the pet food segment, with online sales increasing by 27.9% year-on-year during October and November 2025, driven by new consumer brands [34][36]. - The livestock industry is facing challenges, with a 5.5% decrease in the number of pigs marketed in November compared to the previous month, raising concerns about animal disease outbreaks [30]. Summary by Sections Industry Dynamics - The agricultural sector index increased by 0.3%, outperforming the market [13]. - Key stocks such as Zhengbang Technology, Biological Shares, and Luoniushan saw significant gains of 19%, 17%, and 14% respectively [18]. Livestock Industry - In November, the number of pigs marketed decreased by 5.5% month-on-month, with a year-on-year increase of 16.7% [30]. - Prices for live pigs increased by 2.1% week-on-week, while the average weight of marketed pigs decreased by 0.2% [30]. - The utilization rate of fattening barns in 17 provinces dropped by 6.5 percentage points [30]. Poultry Industry - Prices for chicken chicks and broilers increased by 1.4% and 0.8% respectively, amid ongoing global avian influenza outbreaks [37][38]. - The price of chicken products rose by 0.6%, driven by supply constraints and increased export orders [37]. Pet Food Industry - Online sales of pet food reached 8.45 billion yuan, with significant growth from brands like Maifudi and Fresh Lang, which saw increases of 36% and 112.6% respectively [34]. - Chewy reported a 30.9% increase in EBITDA, with active customer numbers growing by 4.9% [35]. Feed Industry - Feed raw material prices showed mixed trends, with soybean meal prices increasing by 1.5% while corn prices slightly decreased [41]. - The price of South American white shrimp increased by 4.3% week-on-week [41]. Animal Health - The veterinary drug price index decreased by 0.2%, with a year-on-year increase of 2.4% [43]. - Merck's imported pet antibiotics were launched on JD Health, marking a significant development in the pet healthcare sector [43].

Investment Rating - The report maintains a "Positive" investment rating for the agriculture industry [5] Core Insights - The report highlights the ongoing capacity reduction in the pig farming sector, driven by recent policies and market conditions, which is expected to enhance long-term performance in the sector [3][9] - The report identifies several investment opportunities across different segments of the agriculture industry, including pig farming, feed, planting, and pet food sectors [3][43] Summary by Sections Pig Farming Sector - The pig farming industry is experiencing accelerated capacity reduction, with current pig prices and expectations both weak, leading to a significant decline in profitability [9] - In November, 14 listed pig companies collectively slaughtered 16.82 million pigs, a decrease of 2.21% month-on-month but an increase of 22.48% year-on-year [13] - The average selling price of pigs showed a slight recovery, with prices ranging from 11.1 to 12.53 yuan/kg, although still down approximately 30% year-on-year [15] Feed Sector - The report notes that raw material prices for feed are stabilizing at the bottom, with corn prices slightly down and soybean meal prices up [28] - As of December 12, corn prices averaged 2,356.67 yuan/ton, down 0.08%, while soybean meal prices rose by 1.54% to 3,159.43 yuan/ton [28] Planting Sector - The report indicates a confirmed upward trend in grain prices, suggesting favorable fundamentals for planting and seed industries, with significant investment opportunities [3][43] Pet Food Sector - The pet food industry is in a growth phase, with increasing domestic brand recognition and continuous growth among leading companies [3][43]