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].

Investment Rating - The industry investment rating is maintained as "Increase" for the agricultural sector [6] Core Viewpoints - The agricultural sector outperformed the market by 1.01 percentage points during the week of June 30 to July 4, 2025, with a weekly increase of 2.55% [15][17] - The pig farming sector is highlighted as a key investment opportunity due to the recovery of breeding profits and the ongoing rise in pig prices [4][2] - The report emphasizes the importance of cost control for listed pig farming companies to navigate the pig cycle effectively [4] Summary by Sections Market Review - The agricultural sector index closed at 2,729.26, ranking 7th among 31 first-level industries in terms of weekly performance [15][17] - The fishery sector showed the best performance with a 5.13% increase, followed by breeding, agricultural product processing, feed, and planting sectors with respective increases of 3.12%, 2.96%, 2.30%, and 1.63% [17][19] Industry Dynamics - Pig prices continued to rise, with the national average price reaching 15.35 yuan/kg, a week-on-week increase of 4.28% [2] - Self-breeding profits increased to 119.72 yuan/head, while external piglet breeding profits improved to -26.26 yuan/head [2] - In the poultry sector, chicken prices remained under pressure due to high inventory levels, with broiler chick prices dropping to 1.36 yuan/chick, a 20% decrease week-on-week [2] Agricultural Products - Prices for wheat, corn, and soybean meal showed a week-on-week increase, with wheat averaging 2,451.06 yuan/ton (up 0.19%), corn at 2,367.14 yuan/ton (up 0.61%), and soybean meal at 2,928.00 yuan/ton (up 0.76%) [3][34] Investment Recommendations - The report suggests focusing on the pig farming sector, particularly companies with strong cost control such as Muyuan Foods, Wens Foodstuff Group, and others [4] - In the poultry sector, it recommends looking at integrated industry leaders like Shennong Development and Lihua Stock for yellow feathered chickens [4] - For feed, it highlights industry leaders like Haida Group and regional leaders like Hefeng Stock as beneficiaries of the recovery in livestock demand [4] - The report also emphasizes the importance of food security, recommending companies like Suqian Agricultural Development and Beidahuang [4]

Investment Rating - The industry rating is "Recommended" [3] Core Insights - The report emphasizes the importance of the pig farming sector amidst stricter environmental regulations and rising pork prices, suggesting a focus on investment opportunities in this area [2][12] - The report highlights the expected increase in autumn grain production, driven by favorable soil conditions and government initiatives aimed at enhancing crop yields [1][11] Summary by Sections Planting Industry Chain - The current main flood season poses risks for agricultural disasters, with regional droughts and floods expected [1] - The Ministry of Agriculture aims to achieve a grain production target of approximately 1.4 trillion jin, focusing on key crops and regions [1][11] - The commercialization of genetically modified crops is anticipated to accelerate, enhancing self-sufficiency in key varieties [1][11] - Recommended stocks include Beidahuang and Suqian Agricultural Development in the planting sector, and leading seed companies like Longping High-Tech and Denge Seed Industry [1][11] Pig Farming - The average price of external three-way cross pigs is 15.17 yuan/kg, with a week-on-week increase of 4.97% [2][12] - The number of breeding sows is projected to reach 40.42 million by May 2025, with a slight increase from previous periods [2][12] - The report suggests focusing on companies with significant cost improvements and high future output elasticity, including Dekang Agriculture, Jingji Zhino, Muyuan Foods, and Wen's Foodstuffs [2][12] Key Agricultural Product Data Tracking - Corn: The average price is 2435.68 yuan/ton, with a week-on-week increase of 0.37% [24] - Wheat: The average price is 2450.52 yuan/ton, with a week-on-week increase of 0.18% [27] - Rice: The average price is 2892 yuan/ton, remaining stable [32] - Soybeans: The average price is 3926.32 yuan/ton, with a week-on-week decrease of 0.30% [39] - Cotton: The average price is 15130 yuan/ton, with a week-on-week increase of 1.54% [44] Feed and Vitamin Prices - The average price of pig feed is 2.69 yuan/kg, with a week-on-week increase of 0.75% [50] - Vitamin E averages 69.90 yuan/kg, with a week-on-week decrease of 5.16% [57]

Core Viewpoint - The corn industry is a strategic pillar for China's food security, with significant growth in planting area, yield, and total production expected in 2024, despite short-term market adjustments due to international price fluctuations and rising costs [1][8][14]. Group 1: Industry Overview - The corn processing industry in China has developed a complete industrial chain, from primary processing to modern biobased material research, becoming a key hub for agricultural production and industrial manufacturing [1][5][14]. - Corn processing can be categorized into primary processing and deep processing, producing various products for food, feed, and industrial applications [2][3][5]. Group 2: Current Development Status - In 2024, China's corn planting area is projected to reach 44.74 million hectares, a year-on-year increase of 1.18%, with a yield of 439.4 kg/mu, contributing to a total production of 294.92 million tons, a 2.1% increase from the previous year [1][8][10]. - The total corn consumption in 2024 is expected to reach 31.78 million tons, with industrial consumption growing by 3.07% to 7.94 million tons, driven by innovations in deep processing [12][14]. Group 3: Market Trends - The corn deep processing market size is expected to adjust to 190 billion yuan in 2024, down 6.4% from its peak in 2022, but the long-term growth trend remains solid [1][14]. - The corn processing industry is transitioning towards green and low-carbon practices, focusing on high-value product development such as polylactic acid and functional sugars [24][25][26]. Group 4: Competitive Landscape - The corn deep processing industry in China has a tiered competitive structure, with leading companies like COFCO Technology and Meihua Biological occupying the top tier, focusing on high-value products [20][22]. - The market for corn starch is highly concentrated, with top companies holding over 44% market share, and there is a trend towards differentiation and expansion into biobased materials and other emerging fields [22][24].