证券代码：002157 证券简称：正邦科技 公告编号：2025—065 江西正邦科技股份有限公司 关于下属子公司重整计划获得法院裁定批准的公告 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、误导性陈述或重大遗漏。 《关于法院裁定受理下属子公司重整及指定管理人的公告》（公告编号： 2025-053）。 2025 年 9 月 5 日，管理人发布《辽宁朝阳正邦生态农业有限公司重整案债 权申报通知》（（2025）朝阳正邦破管函字第 1 号），通知债权人于 2025 年 10 月 8 日 17:00 时前向管理人进行债权申报，并于 2025 年 10 月 10 日上午 9 时 00 分召开第一次债权人会议。具体内容详见公司于 2025 年 9 月 9 日在指定信息披 露媒体上发布的《关于下属子公司重整启动债权申报及召开第一次债权人会议的 公告》（公告编号：2025-054）。 2025 年 9 月 23 日，朝阳正邦收到朝阳中院出具的《决定书》，准许朝阳正 邦在管理人的监督下自行管理财产和营业事务。具体内容详见公司于 2025 年 9 月 25 日在指定信息披露媒体上发布的《关于法院准许下属 ...

Core Viewpoint - Jiangxi Zhengbang Technology Co., Ltd. is undergoing a restructuring process for its subsidiary, Liaoning Chaoyang Zhengbang Ecological Agriculture Co., Ltd., due to its inability to repay debts and lack of solvency, but it is believed to have high restructuring value [1][2]. Group 1: Restructuring Process - On July 25, 2025, the court accepted a pre-restructuring application for Chaoyang Zhengbang, initiated by creditor Zhang Xiuchun, citing the company's inability to repay debts and potential for operational recovery [1]. - On September 4, 2025, the court officially accepted the restructuring application and appointed Beijing Qinglv (Shanghai) Law Firm as the restructuring manager [2]. - A notice for creditors to declare their claims was issued on September 5, 2025, with the first creditors' meeting scheduled for October 10, 2025 [3]. Group 2: Creditors' Meeting Outcomes - The first creditors' meeting on October 10, 2025, had 30 participating creditors, representing 96.77% of the total creditor count [4]. - The restructuring plan draft was approved by all creditor groups: - Priority creditor group: 66.67% of participating creditors approved, representing 76.98% of the total debt amount [4][5]. - Employee creditor group: 100% approval from the single participating creditor [5]. - Ordinary creditor group: 83.33% approval from participating creditors, representing 99.08% of the total debt amount [5][6]. - Investor group: 100% approval from the single participating investor [6]. - The property management plan and the proposal for non-site meetings were also approved by the creditors, with significant majorities in favor [8][9].

证券代码：002157 证券简称：正邦科技 公告编号：2025—063 江西正邦科技股份有限公司 关于下属子公司重整第一次债权人会议表决结果的公告 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、误导性陈述或重大遗漏。 2025 年 7 月 25 日，辽宁朝阳正邦生态农业有限公司（以下简称"朝阳正邦"） 收到辽宁省朝阳市中级人民法院（以下简称"朝阳中院"）送达的《决定书》（（2025） 辽 13 破申 8 号之二），裁定受理债权人张秀春对朝阳正邦的预重整申请。申请 人张秀春以朝阳正邦不能清偿到期债务且明显缺乏清偿能力，但通过重整盘活， 仍可继续运营产生收益，具有极高的重整价值为由，向朝阳中院提出对朝阳正邦 进行预重整的申请。具体内容详见公司于 2025 年 7 月 29 日在指定信息披露媒体 上发布的《关于法院裁定受理下属子公司预重整并指定临时管理人的公告》（公 告编号：2025-041）。 2025 年 9 月 4 日，朝阳正邦收到朝阳中院送达的《民事裁定书》（（2025） 辽 13 破申 8 号）及《决定书》（（2025）辽 13 破 6 号），朝阳中院裁定受理张 秀春对朝阳正邦 ...

Core Insights - The aquaculture sector experienced a rise of 0.72% on October 10, with Lihua Co. leading the gains [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Aquaculture Sector Performance - Lihua Co. (300761) closed at 22.95, up 3.52% with a trading volume of 161,900 shares and a transaction value of 368 million yuan [1] - Other notable performers included: - Luoniushan (000735) at 6.49, up 3.34% [1] - Xiaoming Co. (300967) at 22.43, up 2.28% [1] - Minhe Co. (002234) at 8.57, up 2.15% [1] - The overall trading volume and transaction values for various stocks in the aquaculture sector were significant, indicating active market participation [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 134 million yuan from institutional investors, while retail investors experienced a net outflow of 1.31 billion yuan [2] - The main stocks with significant capital flow included: - Muyuan Foods (002714) with a net inflow of 199 million yuan from institutional investors [3] - Wens Foodstuff Group (300498) with a net inflow of 15.53 million yuan from institutional investors [3] - Retail investors showed a negative trend in net inflows across several stocks, indicating a cautious sentiment among smaller investors [2][3]

Core Viewpoint - The company, Jiangxi Zhengbang Technology Co., Ltd., reported significant increases in pig sales and revenue for September 2025, indicating a recovery in its business operations [1][4][5]. Group 1: Sales Performance - In September 2025, the company sold 790,700 pigs, which includes 461,600 piglets and 329,100 market pigs, representing a month-on-month increase of 18.07% and a year-on-year increase of 107.64% [1]. - The sales revenue for September 2025 reached 683 million yuan, showing a month-on-month increase of 6.88% and a year-on-year increase of 33.35% [1]. - For the period from January to September 2025, the cumulative sales of pigs amounted to 5,732,100, reflecting a year-on-year increase of 131.43%, with total sales revenue of 6.141 billion yuan, up 98.52% year-on-year [2][5]. Group 2: Price Trends - The average selling price of market pigs (excluding piglets) in September 2025 was 12.75 yuan per kilogram, which represents a decrease of 7.33% compared to the previous month [2]. Group 3: Business Recovery - The substantial year-on-year growth in both sales volume and revenue is attributed to the gradual recovery of the company's business operations [4][5]. Group 4: Guarantee and Financial Support - The company approved a total guarantee limit of up to 2.1 billion yuan for its subsidiaries to ensure stable operations, with specific allocations based on the subsidiaries' debt-to-asset ratios [10]. - Additionally, the company agreed to provide guarantees of up to 1.6 billion yuan to support financing for its ecosystem partners, including quality breeding households and distributors [11]. - As of September 30, 2025, the total guarantee amount provided by the company and its subsidiaries was approximately 4.012 billion yuan, accounting for 21.12% of the audited total assets [12].

Core Viewpoint - The domestic pig prices have sharply declined, with futures contracts dropping nearly 6% to below 12,000 yuan per ton, attributed to a combination of reduced demand and increased supply pressure [2][3]. Group 1: Price Trends - The weighted price of October pig futures has already seen a monthly decline of 7.9%, following an 8.4% drop in September, marking the largest monthly decline since January [3]. - The sales data from listed pig companies indicate a significant increase in sales volume despite the drop in average selling prices, with companies like Wens Foodstuffs reporting a 32.46% year-on-year increase in sales [4]. Group 2: Supply and Demand Dynamics - There is a notable increase in the planned slaughter volume for October, with a 5.48% rise compared to September, indicating ongoing supply pressure [5][6]. - The market consensus suggests a phase of demand inertia decline post-holiday, with expectations of reduced consumer demand and limited new orders from major slaughterhouses [7]. Group 3: Market Sentiment - The overall market sentiment is pessimistic, with many institutions expressing a bearish outlook for pig prices over the next three months due to high levels of breeding sows and slow capacity reduction [8][9]. - The industry is experiencing a phase of losses, with companies focusing on cost-cutting and cash flow management, leading to a challenging environment for price recovery [8].

Core Insights - The company reported a significant increase in pig sales and revenue for September 2025, with total sales of 790,700 pigs, marking a 18.07% increase month-over-month and a 107.64% increase year-over-year [1] - The sales revenue for September 2025 reached 683 million yuan, reflecting a 6.88% increase from the previous month and a 33.35% increase compared to the same month last year [1] - The average selling price for commercial pigs (excluding piglets) was 12.75 yuan per kilogram, which represents a 7.33% decrease from the previous month [1] Sales Performance - Cumulative sales of pigs from January to September 2025 totaled 5,732,100, showing a year-over-year increase of 131.43% [1] - The cumulative sales revenue for the same period reached 6.141 billion yuan, which is a 98.52% increase compared to the previous year [1]

Core Insights - Zhengbang Technology (002157) reported a significant increase in pig sales and revenue for September 2025, with total sales of 790,700 pigs, marking a 18.07% increase month-over-month and a 107.64% increase year-over-year [1] - The company's sales revenue for the same month reached 683 million yuan, reflecting a 6.88% month-over-month increase and a 33.35% year-over-year increase [1] - The average selling price for commercial pigs (excluding piglets) was 12.75 yuan per kilogram, which represents a 7.33% decrease from the previous month [1] Sales Performance - For the period from January to September 2025, the company sold a total of 5,732,100 pigs, which is a 131.43% increase compared to the same period last year [1] - Cumulative sales revenue for the first nine months of 2025 reached 6.141 billion yuan, showing a 98.52% year-over-year increase [1]

证券代码：002157 证券简称：正邦科技 公告编号：2025—061 江西正邦科技股份有限公司 关于对外担保的进展公告 （一）江西正邦科技股份有限公司（以下简称"公司"或"正邦科技"）于 2024 年 12 月 11 日召开第八届董事会第四次临时会议，以 5 票同意、0 票反对、 0 票弃权，审议通过了《关于 2025 年度为子公司提供担保额度预计的议案》《关 于 2025 年度对外担保额度预计的议案》，内容包括： 本公司及董事会全体成员保证信息披露内容的真实、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 1、为保证公司及控股子公司日常生产经营持续、稳健发展，同意公司为合 并报表范围内子公司提供担保，新增担保额度总计不超过 21 亿元（该预计担保 额度可循环使用）；其中本公司或控股子公司为资产负债率 70%以上的控股子公 司担保的额度为 11 亿元；为资产负债率 70%以下的控股子公司担保的额度为 10 亿元。在全年预计担保总额范围内，各下属控股子公司的担保额度可以在同类担 保对象间调剂使用。以上担保范围包括但不限于公司及下属子公司向银行、类金 融机构及财务公司等机构申请综合授信业务 ...

证券代码：002157 证券简称：正邦科技 公告编号：2025—062 江西正邦科技股份有限公司 关于2025年9月份生猪销售情况简报 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、误导性陈述或重大遗漏。 江西正邦科技股份有限公司（以下简称"公司"）的经营范围中包括生猪养殖 业务，现公司就每月生猪销售情况进行披露，具体内容如下： 一、2025年9月份生猪销售情况 二、原因说明 2025年9月，公司生猪销售数量和销售收入同比增幅较大主要是公司业务逐步 恢复所致。 2025年1-9月，公司累计生猪销售数量及销售收入同比上升较大主要是公司业 务逐步恢复所致。 三、风险提示 公司2025年9月销售生猪79.07万头（其中仔猪46.16万头，商品猪32.91万头）， 环比上升18.07%，同比上升107.64%；销售收入6.83亿元，环比上升6.88%，同比 上升33.35%。 商品猪（扣除仔猪后）销售均价12.75元/公斤，较上月下降7.33%。 2025年1-9月，公司累计销售生猪573.21万头，同比上升131.43%；累计销售 收入61.41亿元，同比上升98.52%。 上述数据均未 ...