Group 1 - The company expects a net profit attributable to shareholders of 15 million to 20 million yuan for 2025, representing a year-on-year growth of 117.57% to 123.42% [1] - The significant increase in performance is driven by the implementation of the "three highs and three lows" technical strategy and the enhancement of the "four heavy guarantees" quality management system, leading to improved product quality and customer loyalty [1] - The company achieved a feed sales volume of 880,000 tons, a year-on-year increase of 12%, contributing to a corresponding revenue growth of over 10% [1] Group 2 - The company has strengthened accounts receivable management and credit control, leading to a significant decrease in expected credit impairment losses [1]

Core Viewpoint - The company has approved the use of up to 1 billion yuan of idle self-owned funds for cash management, aiming to enhance fund efficiency while ensuring that the main business remains unaffected [1] Group 1: Cash Management Details - The company has utilized part of its idle funds for cash management, purchasing structured deposits from China Construction Bank, Bank of China, and Bank of Communications for amounts of 50 million yuan, 50 million yuan, 100 million yuan, and 100 million yuan respectively [1] - The interest start dates for these deposits are January 27-28, 2026, with maturity dates set for February 2-3, 2026, and the expected annualized yield ranges from 0.6% to 2.1% [1] - As of the announcement date, the total amount in cash management is 300 million yuan, which is within the authorized limit [1] Group 2: Risk Management Measures - The company has established risk control measures to ensure that this cash management initiative does not impact its core business operations [1]

证券代码：001313 证券简称：粤海饲料 公告编号：2026-007 广东粤海饲料集团股份有限公司 关于使用部分闲置自有资金进行现金管理的进展公告 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。 广东粤海饲料集团股份有限公司（以下简称"公司"）分别于 2025 年 11 月 28 日召开第四届董事会第十一次会议，于 2025 年 12 月 15 日召开 2025 年第五次临 时股东会，审议通过了《关于使用部分闲置自有资金进行现金管理的议案》，同 意公司及子公司使用额度（指有效期内任一时点进行现金管理的最高金额）不超 过人民币 10 亿元的暂时闲置自有资金购买风险低、安全性高、流动性好的银行、 证券公司等金融机构发行的现金管理类产品（包括但不限于定期存单、结构性存 款、协议存款和理财产品等），有效期为股东会审议通过之日起 12 个月内，在上 述额度及有效期内可循环滚动使用。具体内容详见公司 2025 年 11 月 29 日刊登于 《证券时报》《证券日报》《中国证券报》《上海证券报》《经济参考报》以及 巨潮资讯网（http://www.cninfo.com.cn ...

Core Viewpoint - The company, Yuehai Feed, is expected to turn a profit in 2025, projecting a net profit attributable to shareholders of 15 million to 20 million yuan, marking a significant turnaround from previous losses [1] Financial Performance - The projected net profit for 2025 represents a year-on-year increase of 117.57% to 123.42% [1] - The net profit excluding non-recurring gains and losses is expected to be between 6 million and 9 million yuan, reflecting a year-on-year growth of 105.81% to 108.71% [1] - The company anticipates achieving feed sales of 880,000 tons in 2025, a 12% increase compared to the previous year, contributing to a revenue growth of over 10% [1] Strategic Initiatives - The company has implemented a "three highs and three lows" technical strategy and a "four guarantees" quality management system, leading to improved product quality and customer satisfaction [1] - The technical goals set for 2025 include a 10% increase in growth speed, a 10% reduction in feed conversion ratio, and a 50% reduction in losses, which have been progressively validated [1] - Various initiatives such as "Yuehai Wealth Creation Campaign" and seasonal actions have been launched to enhance customer engagement and channel development, resulting in increased market share and sales team motivation [1] Risk Management - The company has strengthened accounts receivable management and credit control, leading to a significant decrease in expected credit impairment losses [1] - The development of a customer credit risk assessment data product has enabled precise identification and dynamic management of customer credit risks [1]

证券代码：001313 证券简称：粤海饲料 公告编号：2026-006 广东粤海饲料集团股份有限公司 2025 年度业绩预告 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、本期业绩预告情况 本次业绩预告相关数据是公司财务部门初步测算的结果，未经会计师事务所 预审计。但公司已就业绩预告有关重大事项与年报审计会计师事务所进行了预沟 通，公司与会计师事务所在本报告期的业绩预告方面不存在分歧。 三、业绩变动原因说明 根据公司财务部门初步测算的结果，公司 2025 年度预计实现归属于上市公 司股东的净利润为盈利 1,500 万元—2,000 万元，比上年同期增长 117.57%— 123.42%。报告期内公司业绩大幅度增长且实现扭亏为盈的主要驱动因素是：一 是公司持续深化实施"三高三低"技术战略，强化"四重保障"质量管理体系， 公司产品品质获得持续稳定提升，不仅推动产品与技术的迭代升级，还带动行业 良性发展的方向，取得了显著成效，终端养殖效果显著，公司 2025 年初提出"生 1 单位：万元 项 目 本报告期 上年同期 归属于上市公司 股东的净利润 1,500 ～ ...

Core Viewpoint - The company expects a significant increase in net profit for 2025, projecting a profit of 15 million to 20 million yuan, marking a year-on-year growth of 117.57% to 123.42%, indicating a turnaround from losses [1] Financial Performance - The net profit attributable to shareholders is projected to be between 15 million and 20 million yuan, with a substantial year-on-year increase [1] - The non-recurring net profit is expected to be between 6 million and 9 million yuan, reflecting a year-on-year growth of 105.81% to 108.71% [1] - Basic earnings per share are anticipated to be between 0.02 yuan and 0.03 yuan [1] Operational Highlights - The growth in performance is primarily attributed to improvements in product quality and an increase in market share [1] - Feed sales are projected to reach 880,000 tons, representing a year-on-year increase of 12%, which contributes to over 10% revenue growth [1] - There is an expectation of a significant decrease in credit impairment losses [1]

上市企业：新希望（000876）,海大集团（002311）,通威股份（600438）,大北农（002385）,粤海饲料 （001313） 相关报告：智研咨询发布的《2026-2032年中国饲料行业市场调查研究及发展前景展望报告》 2020-2025年中国饲料产量统计图 数据来源：国家统计局，智研咨询整理 知前沿，问智研。智研咨询是中国一流产业咨询机构，十数年持续深耕产业研究领域，提供深度产业研 究报告、商业计划书、可行性研究报告及定制服务等一站式产业咨询服务。专业的角度、品质化的服 务、敏锐的市场洞察力，专注于提供完善的产业解决方案，为您的投资决策赋能。 根据国家统计局数据显示：2025年12月中国饲料产量为3009万吨，同比增长3.9%；2025年中国饲料累 计产量为33908.3万吨，累计增长6%。 ...

Core Insights - Guangdong Yuehai Feed Group Co., Ltd. celebrated its 32nd anniversary, achieving record figures in feed orders, prepayments, and shrimp fry orders, laying a solid foundation for industry upgrades and profit growth by 2026 [1] Group 1: Company Overview - Yuehai Feed has grown from its inception in Zhanjiang in 1994 to become an industry leader with over 30 subsidiaries and more than 3,000 employees [1] - The company successfully listed on the Shenzhen Stock Exchange in February 2022, integrating capital with industry [1] Group 2: Industry Position and Innovations - The company is addressing key challenges in the aquaculture feed industry, such as high protein feed costs and pollution, by focusing on "technological leadership" and developing low-protein feed technologies [1][2] - Yuehai Feed has established a strong technical barrier as a pioneer in modern shrimp feed and a leader in seawater fish feed technology, achieving a feed conversion ratio as low as 0.9 [2] Group 3: Contribution to Rural Revitalization - The company has created over 100 "Yuehai Villages" and technology service stations, providing comprehensive solutions that include feed, technology, and services to support rural revitalization [2] - By deploying technical personnel to assist farmers with seed selection, farming optimization, and water quality management, the company has significantly contributed to increasing farmers' incomes [2] Group 4: International Expansion - Yuehai Feed is accelerating its internationalization strategy, particularly in Southeast Asia, with a factory in Vietnam set to open in October 2025, already securing 80,600 tons of orders [3] - The company plans to expand its production capacity from 100,000 tons to 200,000 tons by 2026, leveraging regional trade benefits and localized operations [3] Group 5: Future Goals and Mission - The company aims to integrate feed, technology, services, and AI to promote efficient and environmentally friendly aquaculture practices, targeting a growth trajectory towards a hundred billion to a trillion industry [3] - The chairman emphasized the commitment to harmonizing aquaculture with environmental sustainability and contributing to rural revitalization and global sustainable development [3]

Core Insights - Recently, multiple departments released important lists involving intellectual property demonstration enterprises, manufacturing champions, specialized and innovative small and medium-sized enterprises, engineering technology research centers, and science and technology awards, with 28 bathroom enterprises listed, including Hengjie, Arrow, Huida, Dongpeng, Tino, Hanhigh, Rose Island, Laibotun, and Lidobang [1][2][3] Intellectual Property Demonstration Enterprises - Huida, Hengjie, and Tino were recognized as national intellectual property demonstration enterprises [1][2] - The announcement was made by the National Intellectual Property Administration on January 12 [1] Manufacturing Champions - Hanhigh was named a provincial manufacturing champion enterprise for 2025, while Hengjie was among the first batch of enterprises to pass the review [2][3] - The announcement was made by the Guangdong Provincial Department of Industry and Information Technology on December 29, 2025 [2] Specialized and Innovative SMEs - 20 bathroom enterprises were recognized as specialized and innovative small and medium-sized enterprises in Guangdong Province [3][4] - The announcement was made on January 12, with companies like Claudi, Rose Island, and Jingou being newly recognized, while others like Laibotun and Oubete passed the review [3][4] Engineering Technology Research Centers - Hengjie, along with two other companies, is proposed to be recognized as engineering technology research centers in Guangdong Province [5][6] - The announcement was made by the Guangdong Provincial Department of Science and Technology on January 19 [5] Science and Technology Award Nominations - Projects from Dongpeng and Arrow were nominated for the Guangdong Provincial Science and Technology Award [7][8] - The nomination includes Dongpeng's research on aging-friendly overall bathroom space and Arrow's technology for high-pressure injection molding of sanitary ceramics [7][8]

Core Viewpoint - The company celebrates its 32nd anniversary with significant achievements in sales and a strong commitment to future growth, aiming for a target of 100 billion to 1 trillion yuan in revenue [1][52][60]. Group 1: Sales and Financial Performance - The total feed order volume has exceeded 1.2 million tons, with advance payments surpassing 500 million yuan [6][7]. - The shrimp fry order volume has reached over 2 billion tails, setting a positive foundation for substantial growth by 2026 [7]. Group 2: Company Development and Strategy - Since its establishment in 1994, the company has evolved from a local feed enterprise to a leading player in the aquaculture industry with over 30 subsidiaries and more than 3,000 employees [12][13][14]. - The company emphasizes a customer success-oriented philosophy, focusing on technology, quality, and service as key drivers for growth [26][27]. Group 3: Future Outlook - The company plans to integrate "feed + technology + service + AI" to enhance efficiency and profitability across various aquaculture species [56][58]. - The year 2026 is projected to be a breakthrough year for the company, with significant advancements in technology, management, and product offerings [54][60].