Core Viewpoint - Tianbang Foods reported a decrease in sales volume and revenue for December 2025, indicating potential challenges in the market for pork products [1] Group 1: December 2025 Sales Performance - The company sold 662,300 pigs in December 2025, including 238,000 piglets, generating a revenue of 613 million yuan [1] - The average selling price was 11.87 yuan/kg, with the average price for fat pigs at 11.23 yuan/kg, showing a month-on-month decline of 2.29% in sales volume, 6.27% in revenue, and 1.97% in average price [1] Group 2: Annual Sales Performance (2025) - For the entire year of 2025, the company sold 6,663,500 pigs, including 2,393,600 piglets, with total revenue reaching 7.959 billion yuan [1] - The average selling price for the year was 14.65 yuan/kg, while the average price for fat pigs was 13.54 yuan/kg, reflecting year-on-year changes of 11.21% in sales volume, a decrease of 8.95% in revenue, and a drop of 17.85% in average price [1] Group 3: Slaughter Data - In December 2025, the company slaughtered 149,522 pigs, with a total of 1,601,178 pigs slaughtered throughout the year [1] - The sales data only includes the company's wholly-owned subsidiaries and does not account for its affiliated companies, which sold a total of 144,996 pigs in December 2025 [1]

智通財經APP訊，天邦食品(002124.SZ)披露2025年12月份商品豬銷售情況簡報，公司2025年12月份銷售 商品豬66.23萬頭(其中仔豬銷售23.80萬頭)，銷售收入6.13億元，銷售均價11.87元/公斤(商品肥豬均價爲 11.23元/公斤)，環比變動分別爲-2.29%、-6.27%、-1.97%。 ...

Core Viewpoint - Tianbang Food (002124.SZ) reported a decrease in sales volume and revenue for December 2025 compared to the previous month, indicating potential challenges in the market [1] Group 1: December 2025 Performance - The company sold 662,300 pigs in December 2025, including 238,000 piglets, generating a revenue of 613.03 million yuan [1] - The average selling price was 11.87 yuan/kg, with the average price for fat pigs at 11.23 yuan/kg, showing a month-on-month decline of 2.29% in sales volume, 6.27% in revenue, and 1.97% in average price [1] Group 2: Annual Performance 2025 - For the entire year of 2025, the company sold 6,663,500 pigs, including 2,393,600 piglets, with total revenue reaching 7.96 billion yuan [1] - The average selling price for the year was 14.65 yuan/kg, while the average price for fat pigs was 13.54 yuan/kg, reflecting year-on-year changes of 11.21% in sales volume, a decrease of 8.95% in revenue, and a drop of 17.85% in average price [1]

证券代码：002124 证券简称：天邦食品 公告编号：2026-001 天邦食品股份有限公司 2025 年 12 月份商品猪销售情况简报 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没 有虚假记载、误导性陈述或者重大遗漏。 一、商品猪销售情况 公司 2025 年 12 月份销售商品猪 66.23 万头（其中仔猪销售 23.80 万头），销售收 入 61,302.64 万元，销售均价 11.87 元/公斤（商品肥猪均价为 11.23 元/公斤），环比变 动分别为-2.29%、-6.27%、-1.97%。 2025 年 1-12 月销售商品猪 666.35 万头（其中仔猪销售 239.36 万头），销售收入 795,945.64 万元，销售均价 14.65 元/公斤（商品肥猪均价为 13.54 元/公斤），同比变动 分别为 11.21%、-8.95%、-17.85%。 上述数据统计口径仅包括公司控股子公司，未包括公司参股公司。参股公司 2025 年 12 月份销售各类商品猪合计 144,996 头。 注：以上数据仅包括公司控股子公司，如存在尾差，是因为四舍五入导致的。 2025 年 12 月公司生猪 ...

Core Viewpoint - Tianbang Food (002124.SZ) reported a decrease in sales volume and revenue for December 2025 compared to previous months, indicating potential challenges in the market [1] Group 1: December 2025 Performance - The company sold 662,300 pigs in December 2025, including 238,000 piglets, generating sales revenue of 613.03 million yuan [1] - The average selling price was 11.87 yuan/kg, with the average price for fat pigs at 11.23 yuan/kg, showing a month-on-month decline of 2.29% in sales volume, 6.27% in revenue, and 1.97% in average price [1] Group 2: Annual Performance 2025 - For the entire year of 2025, the company sold 6,663,500 pigs, including 2,393,600 piglets, with total sales revenue reaching 7.959 billion yuan [1] - The average selling price for the year was 14.65 yuan/kg, while the average price for fat pigs was 13.54 yuan/kg, reflecting year-on-year changes of 11.21% in sales volume, a decrease of 8.95% in revenue, and a drop of 17.85% in average price [1]

天邦食品公告称，2025年12月销售商品猪66.23万头，销售收入6.13亿元，销售均价11.87元/公斤，环比 变动分别为-2.29%、-6.27%、-1.97%。2025年1-12月销售商品猪666.35万头，销售收入79.59亿元，销售 均价14.65元/公斤，同比变动分别为11.21%、-8.95%、-17.85%。上述数据统计口径仅包括控股子公司。 2025年12月生猪屠宰14.95万头，1-12月累计屠宰160.12万头。公司提示，商品猪价格波动会影响业绩， 提醒投资者注意风险。 ...

Summary of Key Points Core Viewpoint - The company has approved a total external guarantee limit of RMB 15.26 billion for the year 2025, with specific allocations for subsidiaries and partners, while also detailing the current status of guarantees provided and overdue amounts [1][2][3]. Group 1: Guarantee Overview - The company and its board approved the external guarantee proposal on March 28, 2025, and at the annual shareholders' meeting on April 25, 2025, allowing guarantees up to RMB 15.26 billion [1]. - The guarantee authorization is valid from the approval date until the next annual shareholders' meeting [1]. Group 2: Guarantee Progress - The total guarantee amount is RMB 15.26 billion, with RMB 4.1 billion allocated for subsidiaries with an asset-liability ratio above 70%, RMB 2.5 billion for partners and guarantors, and RMB 0.16 billion for joint ventures [2]. - As of the announcement date, the actual guarantee balance is RMB 7.042 billion, including RMB 3.052 billion for subsidiaries and RMB 0.44 billion for partners [2]. Group 3: Cumulative and Overdue Guarantees - The cumulative external guarantee balance accounts for 13.79% of the company's audited net assets as of the end of 2024 [3]. - The total guarantee limit for 2025 represents 415.21% of the company's audited net assets, with RMB 2.66 billion allocated for external guarantees [3]. - There is an overdue guarantee amount of RMB 194.21 million for guarantees provided to subsidiaries, while no overdue amounts exist for partners or joint ventures [4].

Group 1 - The core point of the article is that Tianbang Food announced the total overdue guarantee amount for its controlling subsidiary, which is 194.21 million yuan as of the announcement date [2] - The company has not incurred overdue guarantees for the guarantees provided to partners, guarantors, joint ventures, and associate companies [2]

证券代码：002124 证券简称：天邦食品 公告编号：2025-084 天邦食品股份有限公司 关于 2025 年度对外担保的进展公告 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。 一、担保情况概述 （一）担保审议情况 公司于2025年3月28日第八届董事会第三十五次会议及2025年4月25日公司 2024年年度股东大会审议通过了《关于公司2025年对外担保的议案》，同意在有 效评估风险和保证资金（资产）安全的前提下，公司及控股子公司拟为合并报表 范围内公司提供担保、对子公司的客户、养殖场（户）、合作伙伴及其担保方提 供担保，担保总额度不超过152.6亿元。由公司股东大会、董事会另行做出决议 的担保或者已经履行完毕、期限届满的担保将不再占用上述授权额度。对外担保 授权额度有效期自2024年年度股东大会审议通过之日起至2025年年度股东大会 召开之日止。具体内容请详见披露于巨潮资讯网（http://www.cninfo.com.cn）的 《关于2025年度对外担保的公告》（公告编号：2025-026）。 （二）对外担保进展情况 公司担保额度总计为152.6亿元， ...

Group 1 - The aquaculture sector increased by 1.58% on December 29, with Jingji Zhino leading the gains [1] - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1] - Key stocks in the aquaculture sector showed varied performance, with Jingji Zhino rising by 10.01% to a closing price of 16.27 [1] Group 2 - The main funds in the aquaculture sector saw a net inflow of 90.42 million yuan, while retail funds had a net inflow of 10.91 million yuan [2] - Major stocks like Muyuan Foods and Wen's Foodstuffs experienced significant net outflows from retail investors [3] - Jingji Zhino had a net inflow of 67.42 million yuan from main funds, indicating strong institutional interest [3]