证券代码：000998 证券简称：隆平高科 公告编号：2024-40 袁隆平农业高科技股份有限公司 2024 年第一次（临时）股东大会决议公告 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、 误导性陈述或者重大遗漏。 一、重要内容提示 （一）本次股东大会没有出现否决议案的情形。 （二）本次股东大会无涉及变更以往股东大会决议的情形。 二、会议召开和出席情况 （一）会议召开时间 现场会议召开时间为：2024年8月27日（星期二）下午15:00。 网络投票时间为：2024年8月27日，其中，通过深圳证券交易所交易系统进行网络 投票的具体时间为：2024年8月27日上午9:15-9:25，9:30-11:30，下午13:00-15:00；通过 深圳证券交易所互联网投票系统投票的具体时间为：2024年8月27日9:15至15:00期间的 任意时间。 （二）现场会议召开地点：湖南省长沙市芙蓉区合平路638号1楼会议室。 （三）会议的召开方式：采用现场投票与网络投票相结合的方式。 （四）会议召集人：公司董事会。 （五）现场会议主持人：董事长刘志勇先生。 （六）本次股东大会会议符合《中华人民共和国公 ...

湖南启元律师事务所 关于 袁隆平农业高科技股份有限公司 2024年第一次（临时）股东大会的 法律意见书 湖南省长沙市芙蓉区建湘路393号世茂环球金融中心63层 410007 电话：（0731）82953-778 传真：（0731）82953-779 网站：www.qiyuan.com 二〇二四年八月 致：袁隆平农业高科技股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民共 和国证券法》（以下简称"《证券法》"）、《上市公司股东大会规则》（以下简称 "《股东大会规则》"）、《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》（以下简称"《规范运作指引》"）等我国现行法律、法规、规范性文 件以及《袁隆平农业高科技股份有限公司章程》（以下简称"《公司章程》"）的 规定，湖南启元律师事务所（以下简称"本所"）接受袁隆平农业高科技股份有限公 司（以下简称"公司"）的委托，指派本所律师出席了公司2024年第一次（临时）股 东大会（以下简称"本次股东大会"），对本次股东大会的召集和召开程序、召集 人及出席会议人员的资格、表决程序和表决结果的合法有效性进行现场律师见证， 并发表 ...

Group 1: Investment and Financial Strategy - The company plans to raise a total of 1.2 billion CNY through a targeted issuance of shares, which will enhance its financial strength and support breeding research and industrial integration [1][2] - The funds raised will be used to repay bank loans and supplement working capital, allowing for more resources to be allocated to research and acquisitions [2][5] - The capital structure will be optimized to gradually reduce the asset-liability ratio, focusing on self-funding and improving quality [5] Group 2: Support from CITIC Group - CITIC Group's support includes funding, research, management, and industry integration, providing a solid foundation for the company's sustainable development [2][3] - The company has received significant research support from CITIC Group, particularly in forward-looking and foundational research [3] - CITIC Group has facilitated the company’s operational efficiency by promoting the divestment of 13 underperforming subsidiaries, recovering 139 million CNY in funds [3] Group 3: Business Development and Market Position - The rice business, a key segment, saw a year-on-year growth of 36.50%, capturing over 20% market share [4] - The company is actively addressing the challenges in the corn seed industry due to low prices and high inventory, optimizing resource allocation [4] - The company is committed to enhancing its position in the transgenic corn market by ensuring high-quality product development and strict management [4] Group 4: Future Outlook and Goals - The company aims to achieve synchronized growth in revenue and profit from the rice sector over the next two to three years [4] - The targeted fundraising is seen as a positive signal for future performance and shareholder earnings per share [2][5] - The company is focused on improving its market competitiveness through innovative marketing strategies and effective production management [4]

Investment Rating - The investment rating for the company is "Outperform the Market" (maintained) [1] Core Views - The company plans to issue A-shares to specific investors, with the controlling shareholder, CITIC Agricultural Technology Co., Ltd., fully subscribing to the offering, aiming to raise no more than 1.2 billion yuan [4][5] - Post-issuance, the shareholding ratio of CITIC Agricultural and CITIC Xingye Investment Group will increase from 17.36% to 25.93%, enhancing the stability of the company's equity structure and demonstrating the major shareholder's commitment to the company's long-term development [6] - The company's debt-to-asset ratio is projected to decrease from 62.80% to 58.34% by the end of Q1 2024, improving its capital and debt structure, thereby enhancing its risk resistance [6] - As a leading player in the domestic corn seed market, the company has a strong traditional breeding reserve and is advancing genetically modified corn research through partnerships, which positions it to benefit from both price increases and market share growth in the future [7][8] Summary by Sections Equity Structure and Financial Health - The issuance is expected to strengthen the company's equity structure and optimize its capital structure, which will support long-term development [6] - The projected net profit for the company from 2024 to 2026 is estimated at 510 million, 630 million, and 730 million yuan, respectively, with earnings per share of 0.39, 0.48, and 0.55 yuan, corresponding to a price-to-earnings ratio of 26, 21, and 18 times [9] Business Growth and Market Position - The company is well-positioned to capitalize on the increasing penetration of genetically modified corn seeds, which is expected to drive both volume and profit growth [9] - The company has a leading number of approved genetically modified corn varieties, indicating a significant first-mover advantage in the market [8]

Summary of Conference Call Records Company and Industry Involved - The conference call primarily discusses **Longping High-Tech** and its relationship with **CITIC Group** within the **agricultural seed industry**. Key Points and Arguments 1. Support from CITIC Group - CITIC Group has actively supported Longping High-Tech by fully subscribing to a **1.2 billion yuan** capital increase aimed at technology research, operational development, and mergers and acquisitions, especially during periods of stock price decline and industry downturns [1] - Total financial support from CITIC Group amounts to **3.6 billion yuan**, including **2.4 billion yuan** for the acquisition of Brazilian operations [1] - Additional support includes contributions in research, management, and overseas business integration, such as establishing a seed industry academy in Beijing and introducing a rotating presidency system [1] 2. Capital Increase Plan and Regulatory Issues - The major shareholder has adequately prepared for the capital increase, with a healthy financial status that meets regulatory requirements [1] - Despite strict regulations on refinancing, policies support the seed industry’s refinancing efforts [1] - The capital increase is expected to be completed in the first quarter of the following year [1] 3. Mergers and Development Strategy - The company has identified potential acquisition targets primarily in the domestic rice and operational industries, although specific amounts for acquisitions remain uncertain due to inherent risks [1] - Longping High-Tech has established a leading position in the domestic rice and corn sectors, significantly distancing itself from competitors [1] - The company plans to enhance market share in the corn sector from **10% to 20%** over the next few years through organic growth and mergers [1] - The rice industry market share currently stands at **20%**, with a focus on high-quality growth and profit margin improvement [1] 4. Financial Status and Expectations - The company faces significant inventory pressure in corn seeds, but high-demand products are still in short supply due to strong R&D capabilities [1] - The company aims for a long-term capital structure that relies on self-funding rather than capital injections, with an annual domestic cash flow of approximately **1 billion yuan** [1] - The asset-liability ratio is expected to gradually decrease in the coming years as the company optimizes its capital structure [1] 5. Product Performance and Market Expectations - The company’s transgenic corn varieties show stable performance with strong resistance to disasters and drought, adapting well to various climatic conditions [1] - The overall pre-receipt progress remains stable, with fluctuations within **±5%** [3] - The company anticipates that the transgenic seed sector will experience rapid growth over the next **5-10 years**, driving consolidation in the traditional breeding industry [3] - The policy environment is encouraging for transgenic corn, despite potential regulatory challenges, with expectations for stable income and profit in the corn industry this year [4] Other Important but Possibly Overlooked Content - The company is cautious about mergers due to limited suitable targets in the market and the ongoing exit of small enterprises [1] - The company’s financial indicators have significantly improved, and regulatory satisfaction with annual report quality increases the likelihood of successful refinancing activities [2] - The company’s product structure will prioritize increasing the proportion of transgenic seeds [3]

袁隆平农业高科技股份有限公司 详式权益变动报告书 上市公司名称：袁隆平农业高科技股份有限公司 股票上市地点：深圳证券交易所 股票简称：隆平高科 股票代码：000998.SZ 信息披露义务人：中信农业科技股份有限公司 住所/通讯地址：北京市朝阳区新源南路 6 号 2 号楼 3 层 A303 室 信息披露义务人一致行动人：中信兴业投资集团有限公司 住所/通讯地址：上海市虹口区四川北路 859 号 55 楼 股份变动性质：增加（认购上市公司向特定对象发行的全部股票，本次向特定 对象发行股份尚须获得有权国资主管部门批准，经上市公司股东大会审议通过，深 交所审核通过及证监会同意注册） 签署日期：二〇二四年八月 信息披露义务人及其一致行动人声明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有相同含义。 一、本报告书系依据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司收购管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号-权 益变动报告书》《公开发行证券的公司信息披露内容与格式准则第 16 号—上市公 司收购报告书》及相关法律、法规和规范性文件编写。 二、信息披露义务人及其一致行动人签 ...

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 详式权益变动报告书 之 （二）本财务顾问所依据的有关资料由信息披露义务人及其一致行动人提供。 信息披露义务人及其一致行动人已做出声明，保证其所提供的所有文件、材料及 口头证言真实、准确、完整、及时，不存在任何重大遗漏、虚假记载或误导性陈 述，并对其真实性、准确性、完整性和合法性负责。 （三）本财务顾问未委托和授权任何其他机构和个人提供未在本财务顾问核 查意见中列载的信息和对本财务顾问核查意见做任何解释或者说明。 （四）特别提醒投资者注意，本财务顾问核查意见不构成对本次权益变动各 方及其关联公司的任何投资建议，投资者根据本财务顾问核查意见所做出的任何 投资决策而产生的相应风险，本财务顾问不承担任何责任。 （五）本财务顾问与本次权益变动各方当事人均不存在利害关系，就本次《袁 隆平农业高科技股份有限公司详式权益变动报告书》所发表的核查意见是完全独 立进行的。 财务顾问核查意见 财务顾问 二〇二四年八月 声明 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收购 管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号——权益变动 报 ...

证券代码：000998 证券简称：隆平高科 公告编号：2024-31 袁隆平农业高科技股份有限公司 第九届监事会第七次（临时）会议决议公告 本公司及监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、监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"）第九届监事会于 2024 年 8 月 5 日上午 9:30 在湖南省长沙市合平路 638 号 1 楼会议室以现场与视频相结 合的方式召开了第七次（临时）会议。本次会议的通知于 2024 年 8 月 2 日以电子 邮件方式送达全体监事。本次会议由监事会主席袁定江主持，会议应到监事 3 人， 实到监事 3 人。本次会议的召集和召开符合《中华人民共和国公司法》（以下简 称《公司法》）及《袁隆平农业高科技股份有限公司章程》（以下简称《公司章 程》）的有关规定。经与会监事认真研究审议，形成如下决议： （一）审议通过了《关于公司符合向特定对象发行 A 股股票条件的议案》 在关联监事张伟回避表决的前提下，本议案的表决结果是：2 票赞成，0 票反 对，0 票弃权，赞成票数占监事会有效表决票数的 100%。 本议案需 ...

证券代码：000998 证券简称：隆平高科 上市地：深圳证券交易所 袁隆平农业高科技股份有限公司 2024 年度向特定对象发行 A 股股票 方案论证分析报告 二〇二四年八月 袁隆平农业高科技股份有限公司是在深圳证券交易所主板上市的公司。为满 足公司业务发展需要，增强公司盈利能力和市场竞争力，根据《中华人民共和国 公司法》《中华人民共和国证券法》《上市公司证券发行注册管理办法》（以下简 称"《注册管理办法》"）等有关法律、法规和规范性文件的规定，公司编制了向 特定对象发行 A 股股票方案论证分析报告。（本报告中如无特别说明，相关用语 具有与《袁隆平农业高科技股份有限公司 2024 年度向特定对象发行 A 股股票预 案》中相同的含义。） 一、本次向特定对象发行股票的背景和目的 （一）本次发行的背景 1、种业是国家战略性、基础性核心产业，国家全面实施种业振兴战略，推 动种业科技自立自强、种源自主可控、种业龙头企业做优做强 种业作为农业的"芯片"，是国家战略性、基础性的核心产业，是促进农业 长期稳定发展、保障国家粮食安全的根本。2021 年"中央一号文件"提出打好种 业翻身仗；2022 年"中央一号文件"提出大力推进 ...

袁隆平农业高科技股份有限公司 关于 2024 年度向特定对象发行 A 股股票 募集资金使用的可行性分析报告 二〇二四年八月 本可行性分析报告所述词语或简称与《袁隆平农业高科技股份有限公司 2024 年度向特定对象发行 A 股股票预案》中"释义"所述词语或简称具有相同 含义。 公司拟申请向特定对象发行 A 股股票（以下简称"向特定对象发行"），现将 本次向特定对象发行募集资金使用的可行性分析说明如下： 一、本次募集资金使用计划 本次发行拟募集资金总额预计不超过 120,000.00 万元（含本数），扣除发行 费用后的募集资金净额将全部用于偿还银行贷款及补充流动资金。 证券代码：000998 证券简称：隆平高科 上市地：深圳证券交易所 （一）本次募集资金的必要性分析 1、公司业务规模不断扩大，且销售回款及生产采购存在一定季节性的时间 差异，使得公司营运资金需求较大，公司有必要增加资金储备以满足持续发展需 求 公司业务开展存在较大的运营资金需求，同时种业行业的经营具有季节性， 公司须按季节进行种子的生产、加工与销售，当年销售的种子一般需要提前一年 安排生产，种子销售则集中在每年的冬季和春季，导致制种生产与种子销售间 ...