（文章来源：证券日报） 证券日报网讯 2月24日，播恩集团在互动平台回答投资者提问时表示，截至2026年2月13日，公司股东 户数为9260户。 ...

经济观察网播恩集团（001366）近7天股价呈现波动上涨后回调的态势。截至2月12日最新收盘价为 14.87元，较2月5日开盘价累计上涨2.84%，但单日下跌0.93%。其中，2月9日股价表现突出，单日涨幅 达3.29%，成交额7959.01万元，换手率9.49%，显示短期交易活跃。资金流向方面，2月6日主力净流出 113.05万元，但小单资金持续流入，反映市场分歧。整体来看，近7天股价振幅达7.47%。 财报分析 公司2025年度业绩预告显示，预计净利润亏损1400万元至2000万元，较2024年亏损有所收窄，同比改善 幅度达30.35%至51.24%。亏损收窄主要源于营业收入预计同比增长30%-40%，但新工厂产能爬坡、客 户结构转向赊销模式导致应收账款增加等因素拖累利润。2025年三季报已显示营收9.76亿元，净亏损 996.11万元，第三季度单季实现盈利467.92万元，同比大幅增长144.55%。 以上内容基于公开资料整理，不构成投资建议。 近期事件 公司于2026年2月6日召开第一次临时股东大会，可能涉及经营决策事项，但具体议程未公开披露。此 外，股东户数变化引发关注：截至1月31日，股东户数为9 ...

Quantitative Factors and Construction Methods - **Factor Name**: Large Order Transaction Amount Ratio **Factor Construction Idea**: This factor captures the buying behavior of large capital by analyzing the proportion of large order transaction amounts in the total daily transaction amount[8] **Factor Construction Process**: 1. Use tick-by-tick transaction data to identify buy and sell orders based on the sequence numbers of bids and asks 2. Filter transactions by order size to identify large orders 3. Calculate the proportion of large buy order transaction amounts in the total daily transaction amount **Formula**: $ \text{Large Order Transaction Amount Ratio} = \frac{\text{Large Buy Order Transaction Amount}}{\text{Total Daily Transaction Amount}} $ **Evaluation**: This factor effectively reflects the buying behavior of large capital[8] - **Factor Name**: Net Active Buy Transaction Amount Ratio **Factor Construction Idea**: This factor measures the active buying behavior of investors by calculating the net active buy transaction amount as a proportion of the total daily transaction amount[8] **Factor Construction Process**: 1. Use tick-by-tick transaction data to classify each transaction as either active buy or active sell based on the buy/sell indicator 2. Subtract the active sell transaction amount from the active buy transaction amount to obtain the net active buy transaction amount 3. Calculate the proportion of the net active buy transaction amount in the total daily transaction amount **Formula**: $ \text{Net Active Buy Transaction Amount Ratio} = \frac{\text{Active Buy Transaction Amount} - \text{Active Sell Transaction Amount}}{\text{Total Daily Transaction Amount}} $ **Evaluation**: This factor provides insights into the active buying tendencies of investors[8] --- Factor Backtesting Results - **Large Order Transaction Amount Ratio**: - Top 10 stocks with the highest 5-day average values: 1. Hanjiang Heshan (603616.SH): 93.5%, 99.2% time-series percentile[10] 2. Minbao Optoelectronics (301362.SZ): 89.7%, 98.4% time-series percentile[10] 3. Hangdian Co., Ltd. (603618.SH): 86.1%, 99.6% time-series percentile[10] 4. Jinzhengda (002470.SZ): 85.2%, 83.9% time-series percentile[10] 5. Guofa Co., Ltd. (600538.SH): 84.9%, 92.4% time-series percentile[10] 6. Shunna Co., Ltd. (000533.SZ): 84.7%, 100.0% time-series percentile[10] 7. Quanzhu Co., Ltd. (603030.SH): 84.6%, 94.4% time-series percentile[10] 8. Beijing Investment Development (600683.SH): 84.5%, 96.0% time-series percentile[10] 9. Chongqing Steel (601005.SH): 84.3%, 52.2% time-series percentile[10] 10. Huadian International (600027.SH): 83.6%, 95.2% time-series percentile[10] - **Net Active Buy Transaction Amount Ratio**: - Top 10 stocks with the highest 5-day average values: 1. Minsheng Bank (600016.SH): 21.1%, 100.0% time-series percentile[11] 2. Kairuide (002072.SZ): 20.3%, 99.6% time-series percentile[11] 3. Intercontinental Oil & Gas (600759.SH): 19.5%, 100.0% time-series percentile[11] 4. Boen Group (001366.SZ): 17.8%, 100.0% time-series percentile[11] 5. Bowan Technology (600883.SH): 17.5%, 99.6% time-series percentile[11] 6. Xiangyou Technology (600476.SH): 16.8%, 99.2% time-series percentile[11] 7. Zhejiang Commercial Bank (601916.SH): 16.8%, 94.4% time-series percentile[11] 8. General Elevator (300931.SZ): 15.9%, 100.0% time-series percentile[11] 9. Weier Pharmaceutical (603351.SH): 15.3%, 94.0% time-series percentile[11] 10. Ruierte (002790.SZ): 15.2%, 98.4% time-series percentile[11]

Investment Rating - The investment rating for the agriculture, forestry, animal husbandry, and fishery industry is "Positive" (maintained) [1] Core Insights - The 2026 Central Document No. 1 emphasizes agricultural modernization with quantifiable goals and actionable measures, focusing on quality, efficiency, and ecological sustainability [3][13] - The pig price is under pressure post-festival due to supply release and demand weakening, with the average price of pigs at 12.06 CNY/kg as of February 6, 2026, reflecting a week-on-week decrease of 0.18 CNY/kg [4][37] - The agricultural sector underperformed the market by 0.65 percentage points, with the agricultural index declining by 1.92% during the week of February 2-6, 2026 [6][26] Summary by Sections Market Performance - The agricultural sector index decreased by 1.92%, while the Shanghai Composite Index fell by 1.27%, indicating a relative underperformance of the agricultural sector [6][26] - Key stocks such as Zhongxing Junye (+12.07%), Boen Group (+5.60%), and Shengnong Development (+4.88%) led the gains in the sector [6][32] Price Tracking - As of February 6, 2026, the average price of pigs was 12.14 CNY/kg, down 1.30% from the previous week, while the average price of piglets increased by 2.00% to 25.54 CNY/kg [37] - The average price of beef was 66.09 CNY/kg, showing a slight increase of 0.09% [47] - Prices for other agricultural products such as grass carp and shrimp saw increases of 1.27% and 2.94%, respectively [49][35] Key News - The Central Government has reinforced comprehensive regulation of pig production capacity and promoted dairy consumption through various measures [5][33] - The Ministry of Agriculture and Rural Affairs has issued implementation opinions to ensure food security and promote agricultural modernization [34]

1、会议召开的日期、时间 （1）现场会议日期和时间：2026年2月6日（星期五）15:00 证券代码：001366 证券简称：播恩集团 公告编号：2026-011 播恩集团股份有限公司 2026年第一次临时股东会决议公告 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、误导性陈述或重大遗漏。 特别提示： 1、本次股东会无否决提案的情况； 2、本次股东会不涉及变更前次股东会决议。 一、会议召开和出席情况 （2）网络投票日期与时间：通过深圳证券交易所系统进行网络投票的时间 为2026年2月6日上午9:15—9:25，9:30—11:30和下午13:00-15:00；通过深圳证券 交易所互联网投票系统进行网络投票的时间为2026年2月6日9:15-15:00的任意时 间。 2、股权登记日：2026年2月2日（星期一） 3、现场会议召开地点：广州市白云区广陈路136号播恩集团办公楼9楼会议 室 4、会议召集人：董事会 5、会议召开方式：本次股东会采用现场和网络投票相结合方式 6、现场会议主持人：董事长邹新华先生 1 7、股东出席会议情况 参加本次股东会现场会议和网络投票表决的股东及股东代理人 ...

广州市天河区珠江新城珠江西路 21 号 粤海金融中心 28 层 邮编:510627 电话:(86-20) 2805-9088 传真:(86-20) 2805-9099 北京市君合(广州)律师事务所 关于播恩集团股份有限公司 2026 年第一次临时股东会的法律意见 致:播恩集团股份有限公司 北京市君合(广州)律师事务所(以下简称"本所")接受播恩集团股份有限公司 (以下简称"公司")的委托,指派本所经办律师出席了公司于 2026年 2 月 6 日在广 州市白云区广陈路 136 号播恩集团办公楼 9 楼召开的 2026 年第一次临时股东会(以下 简称"本次股东会")的现场会议。现根据《中华人民共和国公司法》《中华人民共和国 证券法》《上市公司股东会规则》等中国(为本法律意见之目的,"中国"不包括香港特 别行政区、澳门特别行政区及台湾地区)现行法律、法规和规范性文件(以下简称"法 律、法规")以及《播恩集团股份有限公司章程》(以下简称"公司章程")、《播恩集团 股份有限公司股东会议事规则》(以下简称"公司股东会议事规则")的有关规定,就本 次股东会有关事宜出具本法律意见。 本所经办律师依据本法律意见出具目以前已经发 ...

证券日报网讯2月3日，播恩集团（001366）在互动平台回答投资者提问时表示，截至2026年1月31日， 公司股东户数为9792户。 ...

Core Viewpoint - The company expects a net profit loss for the fiscal year 2025, but anticipates a significant increase in revenue compared to the previous year [1] Financial Performance - The company projects a net profit loss attributable to shareholders ranging from 14 million to 20 million yuan for 2025, compared to a loss of 28.71 million yuan in the same period last year [1] - The expected revenue growth for 2025 is estimated to be between 30% and 40% compared to the previous year [1]

从资金流向上来看，当日饲料板块主力资金净流出1.1亿元，游资资金净流入2450.87万元，散户资金净流 入8597.09万元。饲料板块个股资金流向见下表： 证券之星消息，1月29日饲料板块较上一交易日上涨2.24%，金新农领涨。当日上证指数报收于4157.98， 上涨0.16%。深证成指报收于14300.08，下跌0.3%。饲料板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002548 | 金新农 | 6.93 | 6.29% | 84.64万 | | 5.73亿 | | 002311 | 海大集团 | 51.90 | 3.37% | 14.14万 | | 7.27亿 | | 002385 | 大北农 | 4.42 | 2.79% | 374.89万 | | 16.55 Z | | 603363 | 傲农生物 | 4.15 | 2.22% | 56.80万 | | 2.35亿 | | 000702 | 正虹科技 | 6.97 | 1.75% | 8.07万 ...

Core Viewpoint - The company is forecasting a net loss for 2025, despite an expected revenue growth of 30% to 40% compared to the previous year, due to various operational challenges and changes in customer structure [1] Financial Performance - The projected net loss attributable to shareholders for 2025 is estimated to be between 14 million to 20 million [1] - The projected net loss excluding non-recurring gains and losses is estimated to be between 18 million to 26 million [1] - The expected revenue growth for 2025 is attributed to improved product competitiveness, brand recognition, and successful customer acquisition [1] Operational Challenges - The company is facing operational losses primarily due to new factories being in the capacity ramp-up phase, leading to underutilization and increased fixed costs from depreciation [1] - Changes in customer structure from a distribution model focused on family farms to direct sales to large-scale breeding farms have resulted in a significant increase in accounts receivable, leading to higher bad debt provisions [1] - Accelerated product iteration and extended inventory aging have necessitated the provision for inventory impairment in accordance with accounting standards [1]