证券之星消息，1月6日养殖业板块较上一交易日上涨1.94%，正邦科技领涨。当日上证指数报收于 4083.67，上涨1.5%。深证成指报收于14022.55，上涨1.4%。养殖业板块个股涨跌见下表： 从资金流向上来看，当日养殖业板块主力资金净流出4127.8万元，游资资金净流出8114.99万元，散户资 金净流入1.22亿元。养殖业板块个股资金流向见下表： | 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 | | --- | --- | --- | --- | --- | --- | --- | --- | | 002157 | 正邦科技 | 4984.67万 | 7.07% | -2390.10万 | -3.39% | -2594.57万 | -3.68% | | 603477 | 巨星农牧 | 2648.68万 | 16.60% | -1470.23万 | -9.21% | -1178.45万 | -7.38% | | 300498 | 温氏股份 | 2502.01万 | 3.19% | -5619.65万 | -7.1 ...

1月6日，正邦科技盘中上涨2.15%，截至11:01，报3.32元/股，成交3.76亿元，换手率1.59%，总市值 307.11亿元。 正邦科技所属申万行业为：农林牧渔-养殖业-生猪养殖。所属概念板块包括：光伏玻璃、太阳能、风 能、融资融券、中盘等。 截至12月19日，正邦科技股东户数16.29万，较上期增加4.29%；人均流通股44331股，较上期减少 4.11%。2025年1月-9月，正邦科技实现营业收入106.58亿元，同比增长82.58%；归母净利润826.56万 元，同比减少97.25%。 分红方面，正邦科技A股上市后累计派现28.64亿元。近三年，累计派现0.00元。 责任编辑：小浪快报 资金流向方面，主力资金净流入1236.57万元，特大单买入4428.96万元，占比11.77%，卖出2583.47万 元，占比6.87%；大单买入6581.44万元，占比17.49%，卖出7190.36万元，占比19.11%。 正邦科技今年以来股价涨2.47%，近5个交易日跌6.74%，近20日涨11.04%，近60日涨10.30%。 资料显示，江西正邦科技股份有限公司位于江西省南昌市南昌高新技术产业开发区昌东大 ...

猪肉概念资金流出榜 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 脑机接口 | 13.70 | 海南自贸区 | -2.93 | | 高压氧舱 | 7.01 | 免税店 | -1.08 | | 血氧仪 | 5.65 | 自由贸易港 | -0.94 | | 2025年报预增 | 5.16 | 猪肉 | -0.28 | | 牙科医疗 | 4.97 | 网约车 | -0.05 | | 芬太尼 | 4.74 | 赛马概念 | -0.05 | | 细胞免疫治疗 | 4.73 | 养鸡 | -0.04 | | 云游戏 | 4.64 | 冰雪产业 | 0.09 | | 辅助生殖 | 4.45 | 减速器 | 0.11 | | 存储芯片 | 4.44 | 农村电商 | 0.14 | 资金面上看，今日猪肉概念板块获主力资金净流出1.89亿元，其中，19股获主力资金净流出，8股主力 资金净流出超千万元，净流出资金居首的是海大集团，今日主力资金净流出6329.34万元，净流出资金 居前的还有罗牛山、正邦科技、京基智农等，主力资金分别净流出6005.60万元 ...

Group 1 - The core point of the article is that Zhengbang Technology reported a total of 162,900 shareholders as of December 19, 2025 [2]

1、本次解除限售股份数量为11,276,554股，占公司目前总股本的0.12%。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002157 证券简称：正邦科技公告编号：2025-084 江西正邦科技股份有限公司关于部分限售股份上市流通的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示： 2、本次解除限售股份的上市流通日为2025年12月31日（星期三）。 一、本次解除限售股份取得的基本情况 2022年10月27日，江西省南昌市中级人民法院（以下简称"南昌中院"）作出（2022）赣01破申51号《民 事裁定书》及（2022）赣01破申52号《民事裁定书》，分别裁定受理江西正邦科技股份有限公司（以下 简称"公司"）原控股股东正邦集团有限公司及其一致行动人江西永联农业控股有限公司的重整申请。 2023年11月3日，南昌市中级人民法院作出（2022）赣01破 38、39号之二号《民事裁定书》，裁定批准 《正邦集团有限公司、江西永联农业控股有限公司实质合并重整计划》（以下简称"重整计划"），并终 止正邦集团有限公司、江西永联农业控股有 ...

证券代码：002157 证券简称：正邦科技 公告编号：2025-084 江西正邦科技股份有限公司 关于部分限售股份上市流通的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1、本次解除限售股份数量为 11,276,554 股，占公司目前总股本的 0.12%。 2、本次解除限售股份的上市流通日为 2025 年 12 月 31 日（星期三）。 一、本次解除限售股份取得的基本情况 2022 年 10 月 27 日，江西省南昌市中级人民法院（以下简称"南昌中院"） 作出（2022）赣 01 破申 51 号《民事裁定书》及（2022）赣 01 破申 52 号《民事 裁定书》，分别裁定受理江西正邦科技股份有限公司（以下简称"公司"）原控 股股东正邦集团有限公司及其一致行动人江西永联农业控股有限公司的重整申 请。 2023 年 11 月 3 日，南昌市中级人民法院作出（2022）赣 01 破 38、39 号之 二号《民事裁定书》，裁定批准《正邦集团有限公司、江西永联农业控股有限公 司实质合并重整计划》（以下简称"重整计划"），并终止正邦集团有限公司、 ...

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]

1. Report Industry Investment Rating - The investment rating for the hog industry is "Oscillating" [1] 2. Core Viewpoints of the Report - In 2025, the hog market evolved from "counter - cyclical inventory accumulation" to "policy - driven inventory reduction" under the backdrop of absolute over - capacity. Despite efficiency improvements and lower feed costs, the industry entered a phase of substantial capacity reduction due to continuous policy guidance and deep losses [2][13] - In 2026, the market will show a clear pattern of "near - term weakness and long - term strength". It is recommended to adopt a reverse spread strategy as the base allocation for the whole year to capture the price difference between reality and expectations [3] 3. Summary by Relevant Catalogs 3.1 2025: Waiting for the Bottom to Come - **Q1**: A "structural bottom" supported by expectations. The pre - Spring Festival concentrated slaughter led to a short - term supply shortage after the festival. The high fat - to - standard price spread strengthened the industry's reluctance to sell, delaying capacity clearance [14] - **Q2**: An "oscillating bottom - grinding" in sentiment games. After May Day, pig prices declined. The rebound after the Dragon Boat Festival lacked fundamental support, and the market returned to an oscillating pattern [15] - **Q3**: A "re - construction of far - month contracts" driven by policies. The industry symposium in July signaled "anti - involution" and "capacity and inventory reduction", shifting the trading logic to "strong expectations" and establishing a reverse spread structure [15] - **Q4**: A "cost breakdown" after returning to reality. After the National Day, pig prices fell sharply, breaking through the cash cost line. The market focused on the substantial reduction of sow inventory and potential winter epidemic risks [16] 3.2 Market Pattern Re - shaping and the Capacity Reduction Cycle 3.2.1 Vertical Intensification of the Industry - The hog industry has entered a new stage of structural differentiation and intensive upgrading. By October 2025, large - scale enterprises dominated the industry, with listed companies and large breeding groups controlling 43.1% of the sow inventory. The industry's overall ability has improved, but price and capacity adjustments have become more sensitive [20] - Regionally, different patterns have emerged: South China is highly intensive, Northeast China has a dual - structure, and Central China is more balanced. The inter - regional price difference has become more stable, and the futures delivery area has been expanded, strengthening the linkage between futures and spot markets [23][24] 3.2.2 Cycle Development Path: Policy and Market - Driven Capacity Reduction - **Downward inflection point delay**: Thanks to cost optimization, the downward inflection point of this cycle was postponed. The industry's profit was maintained until September 2025 when the industry entered a full - scale loss phase due to inventory pressure and spot price drops [30] - **Total over - supply**: The large inventory and high出栏 volume in 2025 were due to the increase in sow capacity last year. The supply pressure was significant, and many listed companies were close to or had exceeded their annual出栏 targets [43][47] - **Capacity loosening**: Since 2025, the sow inventory has gone through four stages. Multiple data sources confirm that the industry entered a new capacity adjustment phase in the third quarter, but the reduction is still mild, and the supply is expected to remain loose until the end of Q1 2026 [52][67] 3.3 Peak出栏, Speculation Support, and Consumption 3.3.1 Piglets: Leading Indicator for出栏 Forecast - Piglets are a key indicator for predicting hog出栏. In 2025, piglet supply increased steadily, and the industry's efficiency improvement contributed to the increase in piglet births. Based on the piglet - to - hog conversion cycle, the出栏 is expected to peak in Q1 2026 and may improve in Q2 [69][70] 3.3.2 Elasticity and Support from Speculation - **Breeding speculation**: The inventory adjustment through breeding speculation affects the存栏 structure. In 2025, the industry showed long - term optimization and short - term fluctuations in the weight distribution of hogs. In 2026, post - Spring Festival low - price pressure and secondary fattening may support prices [78][80] - **Frozen product inventory**: In 2025, the frozen product inventory rate first decreased and then increased. In 2026, if there is a price reversal expectation in the second half of the year, the slaughter end may increase inventory in the first half, supporting post - Spring Festival spot prices [93][94] 3.3.3 Limited Boost from Curing Demand - Although the slaughter volume increased year - on - year, the curing demand at the end of the year had limited impact on prices. The reasons include the long - term consumption structure optimization and the postponed Spring Festival in 2026 [98] 3.3.4 Feed Data Confirmation - Feed data can confirm the hog存栏 structure. As of November, the feed sales data from different institutions showed that the feed consumption related to capacity had decreased marginally, while the fattening feed was still increasing, indicating a significant存栏 pressure [100][101] 3.4 Outlook and Investment Suggestions 3.4.1 Summary of Views - The continuous increase in sow inventory in 2024 led to an expansion of hog出栏 in 2025 and a price decline. However, factors such as lower feed costs, speculative behavior, and improved production efficiency deviated from the early market expectations. The industry may see a new upward inflection point in pig prices around Q2 2026, but the cycle evolution is complex [110][111] 3.4.2 Strategies - **Short - term (end of the year to pre - Spring Festival)**: Seize the band - trading opportunities in the oscillating market. Use an interval - oscillating strategy, and consider short - term long positions when the market is pessimistic and short positions when prices reach key resistance levels. The support level for LH2603 is 11,000 yuan/ton, and the resistance level is 11,800 - 12,000 yuan/ton [112] - **Medium - term (post - Spring Festival to Q1 2026)**: Adopt a bearish strategy and focus on the release of supply pressure. Short positions can be added on price rebounds, but beware of potential rebounds. Pay attention to short - selling opportunities when LH2603 approaches 11,800 - 12,000 yuan/ton and LH2605 returns to 12,500 - 13,000 yuan/ton [113][114] - **Long - term (from Q2 2026)**: Observe on the left - hand side and prepare for the cycle reversal. Shift the strategy from "short - selling" to "finding the inflection point". When the fundamental signals are confirmed, gradually build long positions in far - month contracts at the support level of 12,500 - 13,000 yuan/ton. Use a flexible reverse spread strategy for arbitrage [115]

正邦科技今年以来股价涨15.75%，近5个交易日跌5.85%，近20日涨5.30%，近60日涨13.04%。 12月29日，正邦科技盘中下跌5.06%，截至09:35，报3.38元/股，成交2.13亿元，换手率0.87%，总市值 312.66亿元。 资金流向方面，主力资金净流出2871.68万元，特大单买入685.26万元，占比3.21%，卖出1931.00万元， 占比9.06%；大单买入2856.24万元，占比13.40%，卖出4482.16万元，占比21.03%。 今年以来正邦科技已经2次登上龙虎榜，最近一次登上龙虎榜为12月15日。 资料显示，江西正邦科技股份有限公司位于江西省南昌市南昌高新技术产业开发区昌东大道7003号办公 大楼6楼，成立日期1996年9月26日，上市日期2007年8月17日，公司主营业务涉及饲料生产与销售、生 猪养殖与销售及兽药的生产与销售。主营业务收入构成为：猪业59.63%，全价料38.31%，兽药0.92%， 浓缩料0.62%，其他(补充)0.51%，其他料0.01%。 分红方面，正邦科技A股上市后累计派现28.64亿元。近三年，累计派现0.00元。 责任编辑：小浪快报 正邦 ...

12月26日，正邦科技公告称，当日公司收到双胞胎农业发来的《关于解决同业竞争问题进展的告知 函》。目前，双胞胎已经开始启动资产注入的前期准备工作，以确保相关资产符合注入上市公司的合规 性要求。 双方业绩承诺包含哪些内容 2023 年 7 月 20 日，江西省南昌市中级人民法院（以下简称"南昌中院"）裁定正邦科技破产重整，江西 双胞胎农业有限公司（以下简称"双胞胎农业"）作为产业投资人认购上市公司资本公积金转增的 14 亿 股 A 股股票，于 2023 年12 月27 日正式变更为上市公司控股股东，鲍洪星先生、华涛女士、鲍华悦女 士成为上市公司的实际控制人。 本次破产重整完成后，双胞胎农业及其同一控制下其他企业（以下合称"双胞胎"）与上市公司在主营业 务领域存在同业竞争或潜在同业竞争，为解决上述同业竞争问题，维护公司的可持续发展，保护公司中 小股东的合法利益，并助力上市公司改善经营水平，双胞胎作出如下承诺： （一）关于解决同业竞争的承诺 双胞胎农业及其控股股东、实际控制人就解决与上市公司的同业竞争问题作出承诺：本公司及关联方/ 本人将于取得上市公司控制权后的2 年内，启动业务/ 资产注入上市公司的程序，并在重整 ...