证券代码：002299 证券简称：圣农发展 公告编号：2024-028 福建圣农发展股份有限公司 2023 年年度权益分派实施公告 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 性陈述或者重大遗漏。 特别提示： 本次权益分派实施后，按公司总股本折算每股现金分红比例及除权除息参考 价计算如下：按公司总股本折算每股现金红利=实际现金分红总额÷总股本（含 从二级市场回购的股份）=370,784,179.80 元÷1,243,400,295 股=0.2982017 元 /股（最后一位直接截取保留小数点后七位），即按公司总股本（含从二级市场回 购的股份）折算的每股现金红利为 0.2982017 元。 【注：根据先进先出的原则，以投资者证券账户为单位计算持股期限，持股 1 个月（含 1 个月）以内，每 10 股补缴税款 0.6 元；持股 1 个月以上至 1 年（含 1 年）的，每 10 股补缴税款 0.3 元；持股超过 1 年的，不需补缴税款。】 本次权益分派实施后的除权除息参考价=股权登记日收盘价-0.2982017 元/ 股（按公司总股本折算每股现金红利）。 福建圣农发展股份有限公司( ...

证券代码：002299 证券简称：圣农发展 公告编号：2024-027 福建圣农发展股份有限公司 一、特别提示 （一）本次会议上无否决或修改议案的情况。 （二）本次会议上没有新提案提交表决。 二、会议召开和出席的情况 福建圣农发展股份有限公司（以下简称"公司"）2023 年度股东大会（以下 简称"本次会议"）采用现场会议与网络投票相结合的方式召开。本次会议的现 场会议于 2024 年 4 月 17 日下午 14:30 在福建省光泽县十里铺公司办公大楼四 层会议室召开；本次会议的网络投票时间为：（1）通过深圳证券交易所交易系统 进行网络投票的时间为 2024 年 4 月 17 日上午 9:15-9:25、9:30-11:30 和下午 13:00-15:00；（2）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 2024 年 4 月 17 日上午 9:15 至下午 15:00 的任意时间。 本次会议由公司董事会召集，现场会议由公司董事长傅光明先生主持。出席 本次会议的股东（或股东代理人，下同）共 39 人，代表股份 641,315,618 股， 占公司股份总数 1,243,400,295 股的比例为 51. ...

福建至理律师事务所 地址：中国福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 电话：（86 591）8806 5558 网址：http://www.zenithlawyer.com 1 福建至理律师事务所 关于福建圣农发展股份有限公司 2023 年度股东大会的 法 律 意 见 书 关于福建圣农发展股份有限公司 2023 年度股东大会的法律意见书 闽理非诉字〔2024〕第 060 号 致：福建圣农发展股份有限公司 福建至理律师事务所（以下简称本所）接受福建圣农发展股份有限公司（以 下简称公司）之委托，指派蔡钟山、陈禄生律师（以下简称本所律师）出席公司 2023 年度股东大会（以下简称本次会议或本次股东大会），并依据《中华人民共 和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证 券法》）、《上市公司股东大会规则(2022 年修订)》（中国证券监督管理委员会公 告〔2022〕13 号，以下简称《上市公司股东大会规则》）、《深圳证券交易所上市 公司股东大会网络投票实施细则(2020 年修订)》（深证上〔2020〕517 号，以下 简称《网络投票实施细则》）等有关法律、法规、规范性 ...

证券代码：002299 证券简称：圣农发展 公告编号：2024-026 福建圣农发展股份有限公司 2024 年 3 月份销售情况简报 从大食品发展战略出发，公司持续保持增量的同时，做好内在的成本控制。 就 1-3 月累计数量看，养殖板块及食品深加工板块生产量及销售量均保持在 10% 以上的增长水平，尤其是养殖板块的屠宰量同比增幅已超过 25%。从成本端看， 在管理效率提升、大宗原料价格下降及天气回暖等多因素影响下，公司综合造肉 成本同比下降明显，食品板块盈利能力增强。 三、特别提示 1、家禽饲养加工板块鸡肉销售收入及销售数量为抵消前数据。 2、上述财务数据均未经审计，可能与公司定期报告披露的数据存在一定差 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性陈 述或者重大遗漏。 一、2024 年 3 月份销售情况 福建圣农发展股份有限公司（以下简称"公司"）2024 年 3 月实现销售收入 15.18 亿元，较去年同期变动-3.37%，较上月环比增长 46.21%。其中，家禽饲养 加工板块鸡肉销售收入为 12.08 亿元，较去年同期增长 0.36%，较上月环比增长 96.73%；深加工肉 ...

证券代码：002299 证券简称：圣农发展 公告编号：2024-025 福建圣农发展股份有限公司 关于 2019 年限制性股票激励计划首次授予部分第四个解除限售 期及预留授予部分第三个解除限售期解除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公告内容真实、准确和完整，不存在虚假记载、误导性陈 述或者重大遗漏。 特别提示： 1、本次申请解除限售的激励对象为 185 名（其中，首次授予部分激励对象 165 名，预留授予部分激励对象 20 名），可解除限售的限制性股票共计 973,072 股（其中,首次授予部分可解除限售的限制性股票数量为 878,028 股，占公司总 股本额 1,243,400,295 股的比例为 0.0706%；预留授予部分可解除限售的限制性 股票数量为 95,044 股，占公司总股本额 1,243,400,295 股的比例为 0.0076%）， 占公司总股本额 1,243,400,295 股的比例为 0.0783%。 2、本次解除限售的限制性股票上市流通日期：2024 年 4 月 12 日（星期五）。 福建圣农发展股份有限公司（以下简称"公司"）于 2024 年 3 月 27 日 ...

[Table_MainInfo] 公司研究/农业/养殖业 证券研究报告 圣农发展（002299）公司年报点评 2024年04月01日 [Table_InvestInfo] 投资评级 优于大市 维持 养殖端挖潜增效，食品端整合优化 股票数据 [Table_Summary] 0[4Ta月b0le1_日S收to盘ck价（In元fo）] 16.55 投资要点： 52周股价波动（元） 13.78-25.29 总股本/流通A股（百万股） 1243/1242 总市值/流通市值（百万元） 20578/20561  圣农发展发布23年年报：公司23年实现营收184.9亿元（同比+9.9%），归 相关研究 母净利润 6.6亿元（同比+61.7%）。基本每股收益为 0.54元，加权 ROE为 [《Ta业b绩le逆_R势e增p长or，tI持nf续o]降 本增效》2023.10.27 6.58%。2023Q4 实现营业收入 45.6 亿元（同比+2.14%），归母净利润-0.8 亿元。利润分配预案：公司拟向全体股东每10股派发现金红利3.0元（含税）。 《养殖业务优势体现，食品端强势增长》 2023.09.14 《白鸡养殖景气提升， ...

Investment Rating - The report maintains a "Buy" rating for the company [2][5]. Core Views - The company's performance is supported by capacity expansion and refined management, leading to high-quality development [2]. - The company achieved a revenue of 18.487 billion yuan in 2023, representing a year-on-year increase of 9.93% [2]. - The net profit for 2023 was 664 million yuan, a significant increase of 61.66% compared to the previous year [2]. Financial Performance Summary - **Revenue Forecasts**: - 2022A: 16,817 million yuan - 2023A: 18,487 million yuan (10% growth) - 2024E: 21,571 million yuan (17% growth) - 2025E: 24,314 million yuan (13% growth) - 2026E: 27,504 million yuan (13% growth) [2][4]. - **Net Profit Forecasts**: - 2022A: 411 million yuan - 2023A: 664 million yuan (62% growth) - 2024E: 1,390 million yuan (109% growth) - 2025E: 2,015 million yuan (45% growth) - 2026E: 2,597 million yuan (29% growth) [2][4]. - **Earnings Per Share (EPS)**: - 2023E: 0.53 yuan - 2024E: 1.12 yuan - 2025E: 1.62 yuan - 2026E: 2.09 yuan [2][4]. - **Return on Equity (ROE)**: - 2023E: 6% - 2024E: 12% - 2025E: 15% - 2026E: 16% [2][4]. Market Position and Strategy - The company is actively expanding its production capacity and enhancing its management efficiency to maintain a leading position in the white-feather broiler industry [2]. - The company has made strategic acquisitions to bolster its production capabilities, with a focus on maximizing product value and cost leadership [2].

农林牧渔/养殖业 公 司 研 圣农发展（002299.SZ） 养殖食品齐发力，产能扩张稳健发展 究 2024年03月29日 ——公司信息更新报告 投资评级：买入（维持） 陈雪丽（分析师） 王高展（联系人） chenxueli@kysec.cn wanggaozhan@kysec.cn 证 书编号：S0790520030001 证书编号：S0790123060055 日期 2024/3/28 当前股价(元) 15.53  养殖食品齐发力，产能扩张稳健发展，维持“买入”评级 公 一年最高最低(元) 25.29/13.78 公司发布2023年年报，2023年实现营收184.87亿元，yoy+9.93%，归母净利润 司 信 总市值(亿元) 193.10 6.64 亿元，yoy+61.66%，其中 2023Q4 实现营收 45.60 亿元，yoy+2.14%，归母 息 流通市值(亿元) 192.94 净利润-0.75 亿元，yoy-134.43%。前期白羽鸡祖代引种缺口 2024 年传导至肉鸡 更 总股本(亿股) 12.43 端，白羽肉鸡供给偏紧有望贯穿 2024 全年，叠加猪周期逐步反转，白羽鸡景气 新 报 流通股 ...

Investment Rating - The report maintains a "Buy-B" rating for the company, indicating an expected price increase of over 15% relative to the benchmark index [1]. Core Insights - The company has significantly improved its performance through cost reduction and efficiency enhancement, with a notable increase in net profit by 61.66% year-on-year in 2023 [1]. - The poultry breeding and processing segment has shown potential for growth, with a focus on optimizing operations and increasing production capacity [2][3]. Summary by Sections Business Performance - In 2023, the company achieved a revenue of 18.487 billion yuan, a year-on-year increase of 9.93%, and a net profit of 664 million yuan, reflecting a growth of 61.66% [1]. - The poultry breeding segment sold 9.01 million sets of parent stock chicks, maintaining the largest market share among domestic sources [1]. - The food processing segment reported a revenue of 6.394 billion yuan, with a year-on-year growth of 28.14% and a gross margin of 18.67% [2]. Financial Projections - The projected net profits for 2024, 2025, and 2026 are 1.265 billion yuan, 2.098 billion yuan, and 2.242 billion yuan, respectively, with corresponding EPS of 1.02 yuan, 1.69 yuan, and 1.80 yuan [2][3]. - The company’s revenue is expected to grow from 20.383 billion yuan in 2024 to 25.581 billion yuan in 2026, with a compound annual growth rate of approximately 10.1% [3]. Market Position - The company has successfully upgraded its breeding technology, launching the "Shenze 901plus" breed, which has shown significant performance improvements [1]. - The company is actively expanding its production capacity, with plans for a new processing facility expected to add approximately 60,000 tons of capacity in 2024 [2].

Financial Performance - In 2023, the company achieved an operating income of 18.487 billion yuan, maintaining steady growth for several consecutive years, with a net profit attributable to shareholders of 664 million yuan, representing a significant year-on-year increase [2]. - The company reported a total revenue of 5.2 billion CNY for the year 2023, representing a year-on-year increase of 12% [14]. - The net profit attributable to shareholders was 800 million CNY, up 15% compared to the previous year [14]. - The company's operating revenue for 2023 was ¥18,486,738,694.46, representing a 9.93% increase from ¥16,817,085,804.79 in 2022 [19]. - Net profit attributable to shareholders for 2023 was ¥664,273,529.84, a significant increase of 61.66% compared to ¥410,896,894.42 in 2022 [19]. - The gross margin improved to 35%, up from 32% in the previous year [14]. - The company achieved a total revenue of 18.487 billion CNY in 2023, representing a year-on-year growth of 9.93% [59]. - The company reported a net profit attributable to shareholders of 664 million CNY, which is a 61.66% increase year-on-year [59]. Investments and Capital Expenditures - The company invested 1.765 billion yuan in capital expenditures throughout 2023, expanding its production capacity, including the completion of a grandparent breeding farm in Jiangxi and the construction of a new food processing plant expected to be operational in 2024 [2]. - The company has initiated a merger with Gansu Shengyue Agricultural Development Co., acquiring 68.57% of its shares [13]. - The company has initiated a distributed photovoltaic project with a capacity of 45MWp, contributing to the development of a green and low-carbon energy system [7]. - The total investment for the reporting period was 1,765,197,798.07 CNY, reflecting a 34.59% increase compared to the previous year [96]. Market Position and Strategy - The company aims to capture a 40% market share in the domestic breeding chicken market by optimizing the performance of the "Shenze 901" breed and increasing market promotion efforts in 2024 [8]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share by 2025 [14]. - The company is exploring strategic partnerships to enhance supply chain efficiency, which is expected to reduce costs by 5% [14]. - The company has formed long-term strategic partnerships with major clients such as Yum China and McDonald's, enhancing its market position [58]. - The company is focused on maintaining its market position and enhancing shareholder value through strategic leadership changes [132]. Research and Development - Research and development expenses increased by 10%, totaling 150 million CNY, focusing on new technologies in poultry breeding [14]. - The company successfully developed the "Shenze 901plus" breed, achieving international leading levels in feed-to-meat ratio, egg production rate, growth speed, and disease resistance [5]. - The company has committed to continuous investment in breeding research to provide high-quality breeding sources for the white feather broiler industry [64]. - The company launched several new product development projects, including low-fat high-protein chicken products and frozen flavored beef patties, aimed at enhancing market competitiveness [82]. Operational Efficiency - The company has implemented cost management strategies that have led to significant reductions in production costs across various segments [62]. - The company has maintained a healthy cash flow with a net cash flow from operating activities of 2.291 billion CNY, positioning it favorably against peers [58]. - The company has optimized its product structure by focusing on core products, resulting in top products achieving the highest market share on major online platforms [65]. - The company has established a comprehensive disease prevention system for poultry, leveraging over 40 years of experience in chicken breeding and disease control, and has never experienced a major poultry disease outbreak [109]. Corporate Governance - The company has established a comprehensive internal audit system to monitor operational activities and internal controls, effectively mitigating risks [121]. - The company has a fully independent business model, with no reliance on the controlling shareholder for sales or procurement of raw materials [127]. - The company has updated its governance structure and internal control systems to ensure compliance with relevant laws and regulations [115]. - The company has conducted multiple extraordinary general meetings in 2023, with participation rates ranging from 50.79% to 66.44% [128]. Sustainability and Environmental Impact - The company has implemented a sustainability program aimed at reducing carbon emissions by 15% over the next three years [147]. - The company adheres to environmental protection standards, with all pollution control facilities operating normally and meeting discharge standards [195]. - The total discharge amounts for various pollutants from the company's processing plants are within the approved limits, with no exceedances reported [198]. - The company operates under the standards set by GB13271-2014 for air pollutants and GB13457-92 for water pollutants [199]. Employee Development and Management - The company has established a dual-channel talent management model to enhance employee development, focusing on both management and professional skills [163]. - The company conducted over 1,000 training sessions in 2023, covering more than 25,000 participants, with a total training duration of over 100 hours [166]. - The total number of employees at the end of the reporting period is 28,869, with 10,751 in the parent company and 18,101 in major subsidiaries [161]. - The company has a comprehensive incentive system that includes regular bonuses, strategic special bonuses, and innovation bonuses to encourage talent growth and innovation [165].