资金流向方面，生物经济（970038）指数成份股当日主力资金净流出合计8.71亿元，游资资金净流入合 计3.27亿元，散户资金净流入合计5.44亿元。成份股资金流向详情见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300357 | 我武生物 | 5292.77万 | 6.88% | -306.89万 | -0.40% | -4985.87万 | -6.48% | | 002901 | 大博医疗 | 3184.34万 | 14.20% | 49.80万 | 0.22% | -3234.13万 | -14.42% | | 000661 | 长春高新 | 2764.52万 | 4.09% | -2634.29万 | -3.90% | -130.24万 | -0.19% | | 002690 美亚光电 | | 1380.07万 | 5.98% | -2208.07万 | -9.56% | 828.01万 | 3 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 920419 | 路斯股份 | 17.56 | -2.71% | 1.72万 | 3035.79万 | | 002311 | 海大集团 | 56.69 | -2.56% | 10.64万 | 6.04亿 | | 603668 | 天马科技 | 13.78 | -1.99% | 18.78万 | 2.61亿 | | 603363 | 傲农生物 | 5.06 | -1.94% | 60.98万 | 3.08亿 | | 000702 | 正虹科技 | 7.23 | -1.63% | 7.34万 | 5324.48万 | | 002100 | 天康生物 | 7.81 | -1.01% | 21.41万 | 1.68亿 | | 002548 | 金新农 | 4.76 | -0.83% | 20.34万 | 9688.79万 | | 002567 | 唐人神 | 4.82 | -0.82% | 19.96万 | 9639.83万 | | 300673 | 佩蒂 ...

银河证券称，10月亏损加剧或将加速生猪养殖产能去化。宠物食品9月出口量增价跌，出口总额持续承 压，重点强调生猪养殖行业的攻守兼备布局机会，基于能繁母猪作用值及养殖效率的考虑，2025年猪价 同比下行；综合考虑政策去产能以及行业亏损去产能，重点关注成本边际变化显著、资金面良好的优质 猪企。 截至2025年10月28日 13:45，中证畜牧养殖指数(930707)成分股方面涨跌互现，中牧股份(600195)领涨 4.31%，华英农业(002321)上涨3.96%，瑞普生物(300119)上涨1.08%；益生股份(002458)领跌。畜牧 ETF(159867)最新报价0.66元，盘中净申购150万份，冲刺连续10天净流入。 消息面上，据农业农村部监测，10月27日全国农产品批发市场猪肉平均价格为17.96元/公斤，比上周五 上升1.3%。 畜牧ETF紧密跟踪中证畜牧养殖指数，中证畜牧养殖指数选取涉及畜禽饲料、畜禽药物以及畜禽养殖等 业务的上市公司证券作为样本，以反映畜牧养殖相关上市公司的整体表现。 数据显示，截至2025年9月30日，中证畜牧养殖指数(930707)前十大权重股分别为牧原股份(002714)、温 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 001258 | 立新能源 | 8.22 | 10.04% | 52.27万 | 4.25 乙 | | 002100 | 天康生物 | 7.89 | 5.34% | 50.66万 | 3.95 Z | | 601121 | 宝地矿业 | 7.30 | 2.82% | 21.89万 | 1.59亿 | | 600075 | 新疆天业 | 4.78 | 2.14% | 27.82万 | 1.32亿 | | 300106 | 西部牧业 | 11.12 | 0.63% | 4.93万 | 5476.45万 | | 601069 | 西部黄金 | 28.14 | 0.57% | 18.40万 | 5.15亿 | | 600359 | 新农开发 | 7.09 | 0.42% | 6.13万 | 4330.96万 | | 002941 | 新疆交建 | 18.72 | 0.32% | 65.39万 | 12.38亿 | | 000813 | 德展健康 | 4.1 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301498 | 乖宝宠物 | 70.48 | -2.04% | 6.40万 | 4.56亿 | | 300673 | 佩蒂股份 | 17.09 | -1.89% | 8.41万 | 1.46 Z | | 688156 | 路德环境 | 19.36 | -0.05% | ● 1.75万 | 3403.08万 | | 002696 | 百洋股份 | 6.68 | 0.15% | 24.25万 | 1.62亿 | | 002891 | 中宠股份 | 54.46 | 0.18% | 6.53万 | 3.53亿 | | 001366 | 播恩集团 | 13.09 | 0.46% | 2.24万 | 2923.52万 | | 002385 | 大北农 | 4.14 | 0.49% | 87.84万 | 3.63亿 | | 002567 | 唐人神 | 4.86 | 0.83% | 35.21万 | 1.71亿 | | 920419 | 路斯股份 | 18.0 ...

农林牧渔 2025 年 10 月 26 日 投资评级：看好（维持） 行业走势图 数据来源：聚源 -14% -7% 0% 7% 14% 22% 29% 2024-10 2025-02 2025-06 农林牧渔 沪深300 相关研究报告 《猪价磨底去化延续，双十一预售宠 物 龙 头 表 现 亮 眼 — 行 业 周 报 》- 2025.10.19 《猪价超预期下跌，能繁去化或加速 —行业点评报告》-2025.10.16 《中美关税扰动再起，农业板块防守 价值凸显—行业周报》-2025.10.12 10 二育进场不改生猪去化大势，肉牛补栏谨慎景气延 续性或更强 ——行业周报 饲料板块国内市场受益禽畜后周期，海外强劲需求支撑价格。推荐：海大集 团、新希望等。 消费升级叠加关税壁垒，宠物板块国货崛起逻辑持续强化。推荐：乖宝宠物、 中宠股份、佩蒂股份。 本周市场表现（10.20-10.24）：农业跑输大盘 4.24 个百分点 本周上证指数上涨 2.88%，农业指数下跌 1.36%，跑输大盘 4.24 个百分点。子 板块来看，渔业板块领涨。个股来看，*ST 佳沃（+11.02%）、众兴菌业 （+9.20%）、粤桂股份（+8. ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002891 | 中宠股份 | 54.36 | 3.74% | 9.67万 | | 5.26亿 | | 001366 | 播恩集团 | 13.03 | 0.77% | 2.41万 | | 3130.59万 | | 300673 | 佩蒂股份 | 17.42 | 0.40% | 5.21万 | | 9174.80万 | | 920419 | 路斯股份 | 17.88 | 0.34% | 1.01万 | | 1812.86万 | | 688156 | 路德环境 | 19.37 | 0.31% | 1.27万 | | 2470.53万 | | 002311 | 海大集团 | 57.62 | -0.03% | 6.12万 | | 3.51亿 | | 603151 | 邦基科技 | 25.82 | -0.12% | 1.12万 | | 2899.22万 | | 002385 | 大北农 | 4.12 | -0.24% | 49.58万 | | ...

证券日报网讯天康生物（002100）10月22日在互动平台回答投资者提问时表示，截至2025年10月20日收 盘，公司股份持有人数为59，839户。 ...

Core Viewpoint - The agricultural, animal husbandry, and fishery sector is experiencing a downturn, with the first agricultural ETF (159275) declining by 1.31% as of market close on October 22, 2023 [1] Industry Analysis - The pig farming industry is facing significant capacity pressure, leading to widespread losses. Current prices for fat and piglets have dropped to yearly lows, suggesting a potential further decline in prices. Historical trends indicate that when both prices are low, the industry may initiate market-driven capacity reduction, which could support long-term price increases for pigs [3] - Despite the current challenges, there is an expectation of increased pig supply in the fourth quarter due to rising slaughter volumes and accelerated weight gain as temperatures drop. This has led to a stronger demand for meat, with pig prices stabilizing at psychological levels, easing the pressure on the breeding sector [3] - The valuation of the agricultural sector remains relatively low, presenting a favorable investment opportunity. As of October 22, 2023, the agricultural ETF's index price-to-book ratio stands at 2.57, placing it in the 29.3 percentile over the past decade, highlighting its mid- to long-term investment value [3] Investment Direction - Analysts are optimistic about the pig farming sector due to policy and market forces driving capacity reduction, which is expected to enhance long-term performance [4] - The agricultural sector plays a crucial role in food security, economic development, ecological balance, and social welfare. The traditional farming industry is undergoing significant supply-side reforms, which are likely to benefit large-scale farming enterprises. The domestic market concentration is increasing, and companies that have expanded into overseas markets are expected to gain a competitive edge [5] - The current upward trend in grain prices and favorable conditions in the planting and seed sectors indicate significant investment opportunities in these areas [6] ETF Overview - The agricultural ETF (159275) tracks the CSI Agricultural Index, with major holdings including leading companies in livestock, feed, and planting sectors. The top ten holdings account for over 90% of the index, focusing on agricultural breeding, feed, and planting industries [6]

Core Viewpoint - TianKang Biological experienced a stock price decline of 2.05% on October 22, 2023, with a current price of 7.65 CNY per share and a total market capitalization of 10.44 billion CNY [1] Company Overview - TianKang Biological Co., Ltd. was established on December 28, 2000, and listed on December 26, 2006. The company is located in Urumqi, Xinjiang, and its main business includes the production and sale of biological vaccines for livestock and poultry, feed, and plant protein, as well as pig breeding, pig farming, slaughtering, and meat product sales [1] - The revenue composition of TianKang Biological includes: 32.20% from the pig farming industry chain, 27.51% from feed, 16.37% from protein and oil processing, 14.75% from corn, 5.44% from veterinary drugs, 3.40% from other income, 0.29% from supplementary income, and 0.04% from guarantee fees [1] Financial Performance - For the first half of 2025, TianKang Biological achieved an operating income of 8.847 billion CNY, representing a year-on-year growth of 10.68%. The net profit attributable to the parent company was 338 million CNY, with a year-on-year increase of 22.27% [2] - Since its A-share listing, TianKang Biological has distributed a total of 1.891 billion CNY in dividends, with 598 million CNY distributed in the last three years [3] Shareholder Information - As of September 30, 2023, TianKang Biological had 60,600 shareholders, a decrease of 3.42% from the previous period. The average circulating shares per person increased by 3.54% to 22,542 shares [2] - The top ten circulating shareholders include notable institutional investors such as Guotai Junan Zhongzheng Livestock Breeding ETF and Harvest Agricultural Industry Stock A, with significant increases in their holdings [3]