Core Viewpoint - Dongrui Co., Ltd. reported an increase in sales volume and revenue for October 2025, despite a decline in average selling price for its products [1] Group 1: Sales Performance - In October 2025, the company sold 136,600 pigs, generating a revenue of 173 million yuan, which represents a month-on-month increase of 6.35% [1] - The average selling price of commodity pigs was 12.48 yuan per kilogram, showing a month-on-month decrease of 14.39% [1] Group 2: Subsidiary Sales - The company sold 2,300 pigs to its wholly-owned subsidiary, Heyuan Dongrui Meat Products Co., Ltd. [1]

Core Insights - The aquaculture sector experienced a slight increase of 0.31% on November 7, with Tianyu Biological leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Aquaculture Sector Performance - Tianyu Biological (603717) closed at 9.46, up 3.05% with a trading volume of 169,600 shares and a turnover of 160 million yuan [1] - Other notable performers included: - Luoniushan (000735) at 8.12, up 2.40% with a volume of 1,088,900 shares [1] - Zhengbang Technology (002157) at 66.7, up 1.36% with a volume of 1,212,200 shares [1] - Muyuans (002714) at 49.71, up 0.93% with a volume of 285,500 shares [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 223 million yuan from institutional investors, while retail investors experienced a net outflow of 11.04 million yuan [2] - Key stocks with significant capital flow included: - Muyuan (002714) with a net inflow of 214 million yuan from institutional investors [3] - Jingji Zhino (000048) with a net inflow of 50.59 million yuan from institutional investors [3] - Zhengbang Technology (002157) with a net inflow of 24.48 million yuan from institutional investors [3]

上述销售数据未经审计，与定期报告披露的数据之间可能存在差异，因此上 述数据仅作为阶段性数据供投资者参考。 证券代码：001201 证券简称：东瑞股份 公告编号：2025-041 东瑞食品集团股份有限公司 2025年10月份生猪销售简报 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、2025年10月份生猪销售情况简报 2025年10月份，公司共销售生猪13.66万头，销售收入1.73亿元，环比上升 6.35%；商品猪销售均价12.48元/公斤，环比下降14.39%。其中向全资子公司河 源市东瑞肉类食品有限公司销售生猪0.23万头。 三、其他提示 《证券时报》《中国证券报》《上海证券报》《证券日报》以及巨潮资讯网 （www.cninfo.com.cn）为本公司指定的信息披露媒体，公司所有信息均以公司 在上述媒体刊登的公告为准，请广大投资者理性决策、谨慎投资、注意风险。 东瑞食品集团股份有限公司 董事会 二〇二五年十一月八日 | 时间 | 生猪销售数量 | | | 生猪销售收入 | 商品猪价格 | | --- | --- | --- | --- | --- | ...

Core Viewpoint - Dongrui Co., Ltd. (001201.SZ) reported an increase in sales volume and revenue for October 2025, despite a decline in average selling price for commodity pigs [1] Sales Performance - The company sold a total of 136,600 pigs in October 2025, generating sales revenue of 173 million yuan, which represents a month-on-month increase of 6.35% [1] - The average selling price for commodity pigs was 12.48 yuan per kilogram, reflecting a month-on-month decrease of 14.39% [1] Subsidiary Transactions - The company sold 2,300 pigs to its wholly-owned subsidiary, Heyuan Dongrui Meat Products Co., Ltd. [1]

Core Viewpoint - Dongrui Co., Ltd. (001201.SZ) reported an increase in sales volume and revenue for October 2025, despite a decline in average selling price for its products [1] Sales Performance - In October 2025, the company sold a total of 136,600 pigs, generating sales revenue of 173 million yuan, which represents a month-on-month increase of 6.35% [1] - The average selling price of commodity pigs was 12.48 yuan per kilogram, reflecting a month-on-month decrease of 14.39% [1] Subsidiary Transactions - The company sold 2,300 pigs to its wholly-owned subsidiary, Heyuan Dongrui Meat Products Co., Ltd. [1]

Core Insights - Dongrui Co., Ltd. reported sales of 136,600 pigs in October 2025, generating revenue of 173 million yuan, representing a month-on-month increase of 6.35% [1] - The average selling price of commercial pigs was 12.48 yuan per kilogram, showing a month-on-month decrease of 14.39% [1] - The company sold 2,300 pigs to its wholly-owned subsidiary, Heyuan Dongrui Meat Products Co., Ltd. [1]

Core Insights - The aquaculture sector experienced a 1.0% increase on October 31, with Tianyu Biological leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Aquaculture Sector Performance - Tianyu Biological (603717) closed at 9.16, up 4.93% with a trading volume of 254,000 shares and a transaction value of 234 million [1] - Huaying Agriculture (002321) closed at 2.90, up 4.69% with a trading volume of 654,900 shares and a transaction value of 188 million [1] - Other notable performers include *ST Tianshan (300313) up 3.34%, Luoniushan (000735) up 2.37%, and Xiaoming Co. (300967) up 1.65% [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 290 million from institutional investors, while retail investors experienced a net outflow of 190 million [2] - Major stocks like Muyuan Foods (002714) had a net inflow of 203 million, while Wens Foodstuffs (300498) had a net inflow of 61 million [3] - The overall trend indicates a shift in capital, with institutional investors showing confidence in the sector while retail investors are withdrawing [2][3]

Group 1: Financial Performance - In the first three quarters of 2025, the company sold 1,079,900 pigs, an increase of 85.61% compared to the same period last year [5] - The operating revenue reached 1.6 billion yuan, a growth of 50.09% year-on-year [5] - The average selling price of commodity pigs was 15.66 yuan/kg, a decrease of 12.22% compared to the previous year [5] - The net profit attributable to the parent company for the first nine months was 11.47 million yuan, up 114.90% year-on-year [5] - In Q3 2025, the net profit attributable to the parent company was 8.15 million yuan, primarily due to improved production management and increased production capacity utilization [7] Group 2: Cost and Efficiency - The complete cost in September 2025 was 14.4 yuan/kg, with cash costs at 12.85 yuan/kg; the target for next year is to reduce this to below 13 yuan/kg [8] - The weaning pig cost in September was 283 yuan per head [9] - The company's asset-liability ratio as of September 30, 2025, was 45.21% [12] Group 3: Production and Future Goals - The company aims to increase its breeding scale, with a target of 250,000 pigs to be sold in 2026 and 500,000 in 2027 [10][11] - The current scale of the company's breeding is approximately 60,000 pigs per year, primarily using self-raised piglets [9] Group 4: Market Indicators - The PSY (Pig Supply Index) in September was around 26 [13]

Core Viewpoint - Dongrui Co., Ltd. reported a significant increase in revenue and net profit for the first three quarters of 2025, indicating strong financial performance and growth potential [1] Financial Performance - The company's operating revenue for the first three quarters reached 1.6 billion yuan, representing a year-on-year growth of 50.09% [1] - The net profit attributable to shareholders of the listed company was 11.47 million yuan, showing a year-on-year increase of 114.90% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 11.35 million yuan, with a year-on-year growth of 114.63% [1] - Basic earnings per share were reported at 0.04 yuan [1]

Core Viewpoint - Dongrui Co., Ltd. reported significant growth in revenue and net profit for the first three quarters of 2025, indicating strong operational performance in the pig farming industry [1][2]. Financial Performance - The company's revenue for the first three quarters reached 1.6 billion yuan, a year-on-year increase of 50.09% [1]. - The net profit attributable to shareholders was 11.47 million yuan, up 114.90% year-on-year [1]. - The basic earnings per share stood at 0.04 yuan [2]. Profitability Metrics - The gross margin for Q3 2025 was 20.14%, a decrease of 7.01 percentage points year-on-year but an increase of 3.77 percentage points quarter-on-quarter [2]. - The net profit margin was 1.61%, down 6.00 percentage points compared to the same period last year, but up 0.14 percentage points from the previous quarter [2]. Expense Management - Total operating expenses for the period were 278 million yuan, a decrease of 15.96 million yuan year-on-year [2]. - The expense ratio was 17.40%, down 10.22 percentage points year-on-year [2]. - Sales expenses decreased by 58.94%, while management expenses fell by 7.35%. Conversely, R&D expenses increased by 30.68%, and financial expenses rose by 28.52% [2]. Shareholder Information - As of the end of Q3 2025, the total number of shareholders was 17,700, a decrease of 976 from the end of the previous half-year, representing a decline of 5.22% [2]. - The average market value per shareholder increased from 214,300 yuan to 231,400 yuan, reflecting a growth of 7.94% [2]. Company Overview - Dongrui Co., Ltd. is located in Guangdong Province and was established on March 27, 2002. It was listed on April 28, 2021 [3]. - The company's main business involves pig farming and sales, with a revenue composition of 97.68% from pig farming, 1.43% from feed production, 0.67% from slaughtering and meat products, and 0.22% from other sources [3]. - The company is classified under the agricultural sector, specifically in pig farming, and is associated with concepts such as pork, feed, and small-cap stocks [3].