Investment Rating - Industry Rating: Outperform the market (maintained rating) [12] Core Views - The pet sector continues to show high prosperity, driven by domestic substitution and consumption upgrades, leading to a dual increase in volume and price [1][2] - The industry is transitioning from "scale expansion" to "value creation," with leading companies shifting from "manufacturing" to "intelligent manufacturing" through formula innovation and precise demand capture [2][17] - The domestic pet food market remains strong, with a significant increase in sales and exports, indicating robust growth potential for domestic brands [2][17] Summary by Sections Pet Sector - The fifth TOPS Pet Expo in Shanghai showcased over 1,200 exhibitors and 8,000+ brands, reflecting strong growth momentum in the pet industry, with a 43% year-on-year increase in attendance [1][16] - Trends in pet food are shifting towards precision nutrition, with a focus on age-specific feeding and high-end production techniques [1][16] - Key recommended companies in the pet food sector include Guibao Pet, Zhongchong Co., Petty Co., and Lusi Co., with additional recommendations for pet medical and product companies [2][17] Swine Sector - As of May 10, the average price of live pigs was 14.90 yuan/kg, showing a slight decline, with production capacity continuing to grow [3][18] - The industry is facing a potential downturn in profitability due to weak demand and seasonal price declines [3][19] - Recommended companies include leading players such as Wens Foodstuffs and Muyuan Foods, with a focus on core assets [19] Poultry Sector - The white chicken segment is facing uncertainties in breeding imports, with a significant decline in the number of breeding stock updated [20][21] - The yellow chicken segment is expected to benefit from improved consumer demand, with stable prices observed [23] - Recommended companies include Shengnong Development and Lihua Co. for white chicken, and Wens Foodstuffs for yellow chicken [22][23] Planting Sector - The government emphasizes agricultural technology innovation and self-sufficiency in food security, with a focus on biological breeding [25][26] - Recommended companies in the seed sector include Longping High-Tech and Dabeinong, with additional focus on agricultural water-saving technologies [25][26] Feed and Animal Health Sector - Hai Da Group is highlighted for its market share growth and consistent performance in the feed sector [27] - The animal health sector is seeing new opportunities in pet health products, with recommended companies including KQ Bio and Zhongmu Co. [28]

宁波富达：终止筹划重大资产重组事项 宁波富达(600724)公告，公司原计划以现金方式通过股权受让或增资方式取得宁波晶鑫电子材料有限 公司不少于45%股权，并保证上市公司拥有目标公司的表决权股权比例不低于51%。由于交易双方未 能就交易最终方案达成一致，经友好协商，各方同意终止进一步推进本次交易。终止本次重大资产重 组事项无需提交董事会、股东会审议。交易尚处于筹划阶段，未对上市公司现有生产经营活动、财务 状况和战略发展造成重大不利影响。公司承诺自公告披露之日起至少一个月内不再筹划重大资产重 组。 蓝黛科技：拟3411万元收购重庆台冠18%股权 2025.05. 09 5月9日晚间，沪深两市多家上市公司发布公告，以下是第一财经对一些重要公告的汇总，供投资者 参考。 【品大事】 卧龙地产：证券简称变更为"卧龙新能" 卧龙地产(600173)公告，公司证券简称将自2025年5月15日起由"卧龙地产"变更为"卧龙新能"，公司 证券代码保持不变。 蓝黛科技(002765)公告，拟收购殷文俊、刘健、孙刚、崔颖合计持有的公司控股子公司重庆台冠18% 股权，转让价款为3411万元。本次股权收购完成后，公司将持有重庆台冠100 ...

Group 1 - Yitong Century won a bid for a communication engineering construction service project from China Mobile, with a total bid amount of 228 million yuan (including tax) [1] - Zhiyuan New Energy plans to repurchase shares worth between 33 million and 66 million yuan, with a maximum repurchase price of 22.00 yuan per share [1] - GAC Group reported April automobile sales of 116,400 units, a year-on-year decrease of 12.66% [2] - JAC Motors reported April automobile sales of 30,764 units, a year-on-year decrease of 3.55% [3] Group 2 - Fosun Pharma's subsidiary received FDA approval for a clinical trial of a live biotherapeutic product aimed at treating androgenetic alopecia [4] - Liangxin Co. obtained multiple patent certificates, including 2 invention patents and 32 utility model patents [5] - Sainuo Medical's two products received medical device registration certificates in Mexico and Ecuador [5] - Huayu Pharmaceutical's two products received marketing approvals in France and Spain [6] Group 3 - Shengnong Development reported April sales revenue of 1.533 billion yuan, a year-on-year increase of 0.68% [6] - Hasi Lian's potassium chloride and sodium chloride injection passed the consistency evaluation [7] - Shapuaisi received approval for a supplemental application for levofloxacin eye drops [9] - Tianyu Biological reported April sales revenue of 59.32 million yuan from pig sales [10] Group 4 - *ST Weihai was pre-awarded a project worth 108 million yuan [12] - Luoniushan reported April sales revenue of 125 million yuan from pig sales, a year-on-year increase of 12.72% [13] - Minhe Co. reported April sales revenue of 68.30 million yuan from chick sales, a year-on-year increase of 0.51% [14] Group 5 - Double Ring Technology's application for a specific stock issuance was approved by the Shenzhen Stock Exchange [15] - Hualu Hengsheng plans to repurchase shares worth between 200 million and 300 million yuan [16] - Baolong Technology plans to repurchase shares worth between 100 million and 200 million yuan [17] Group 6 - Huasheng Technology's subsidiary plans to sell shares of a company for 200 million yuan [24] - *ST Gengxing's controlling shareholder plans to increase holdings worth between 30 million and 60 million yuan [25] - Ruihuatai's shareholder plans to reduce holdings by up to 1% of the company's shares [26] Group 7 - Foton Motor reported April commercial vehicle sales of 54,816 units, a year-on-year increase of 21.63% [20] - China Merchants Bank plans to invest 15 billion yuan to establish a financial asset investment company [22] - Jinchengxin plans to invest approximately 231 million USD in the Alacran copper-gold-silver mine project [23] Group 8 - Zhongji United's controlling shareholder plans to reduce holdings by up to 2% of the company's shares [30] - Ningbo Huaxiang signed a strategic cooperation agreement to strengthen collaboration in various areas [31] - SMIC reported a net profit of 1.356 billion yuan for Q1 2025, a year-on-year increase of 166.5% [32] Group 9 - FAW Fuwi received a project notification to develop seat products for a luxury brand, with a total sales amount expected to be 1.39 billion yuan [33] - Huakang Clean won a bid for a purification project worth 64.425 million yuan [34] - Lihua Co. reported April sales revenue of 1.125 billion yuan from chicken sales [35]

证券代码：002299 证券简称：圣农发展 公告编号：2025-031 福建圣农发展股份有限公司 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。 福建圣农发展股份有限公司（以下简称"公司"）第七届董事会第十次会议 于 2025 年 5 月 9 日下午在福建省光泽县十里铺公司办公大楼四层会议室以通讯 和现场会议相结合的方式召开，本次会议由公司董事长傅光明先生召集并主持， 会议通知已于 2025 年 5 月 6 日以专人递送、电子邮件等方式送达给全体董事、 监事和高级管理人员。应参加会议董事九人，实际参加会议董事九人，监事和高 级管理人员列席了本次会议。本次会议的召集、召开符合《中华人民共和国公司 法》和《福建圣农发展股份有限公司章程》的有关规定。 经与会董事审议，本次会议以记名投票表决方式审议通过《关于变更公司证 券事务代表的议案》。表决结果为：9 票赞成，0 票反对，0 票弃权。 鉴于公司原证券事务代表曾丽梅女士因个人原因已辞去证券事务代表职务， 公司董事会同意聘任傅志诚先生担任公司证券事务代表，协助董事会秘书履行相 关职责，其任期自本次董事会会议审议通过之日起 ...

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。 福建圣农发展股份有限公司（以下简称"公司"）董事会于近日收到证券事 务代表曾丽梅女士的书面辞职报告，曾丽梅女士因个人原因辞去公司证券事务代 表职务，其辞职报告自送达董事会之日起生效。曾丽梅女士辞职后不在公司任职， 其辞职不会影响公司相关工作的正常开展。曾丽梅女士在担任公司证券事务代表 期间恪尽职守、勤勉尽责，公司及董事会对曾丽梅女士为公司所作出的贡献表示 衷心的感谢！ 公司于 2025 年 5 月 9 日召开第七届董事会第十次会议，审议通过了《关于 变更公司证券事务代表的议案》，同意聘任傅志诚先生（简历详见附件）担任公 司证券事务代表，协助董事会秘书履行相关职责，任期自本次董事会会议审议通 过之日起至第七届董事会任期届满之日止。傅志诚先生已取得深圳证券交易所颁 发的《上市公司董事会秘书资格证书》，具备相关的专业能力，其任职资格符合 《深圳证券交易所股票上市规则》的相关规定。 证券事务代表联系方式如下： 邮箱：fzc@sunnercn.com 证券代码：002299 证券简称：圣农发展 公告编号：2025-032 福 ...

证券代码：002299 证券简称：圣农发展 公告编号：2025-033 2025 年 4 月份销售情况简报 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、2025 年 4 月份销售情况 福建圣农发展股份有限公司（以下简称"公司"）2025 年 4 月实现销售收入 15.33 亿元，较去年同期增长 0.68%，较上月环比增长 0.07%。其中，家禽饲养加 工板块鸡肉销售收入为 11.63 亿元，较去年同期变动-0.01%，较上月环比变动- 1.37%；深加工肉制品板块销售收入为 6.20 亿元，较去年同期增长 3.13%，较上 月环比变动-5.91%。 销量方面，4 月份家禽饲养加工板块鸡肉销售数量为 11.84 万吨，较去年同 期增长 3.01%，较上月环比变动-4.07%；深加工肉制品板块产品销售数量为 3.19 万吨，较去年同期增长 18.22%，较上月环比变动-5.00%。 二、说明 2025 年 1-4 月，公司各板块销量稳健增长，其中生食产品累计销量增长 3%， 深加工产品累计销量增长约 8%，深加工产品占比持续提升。成本端，受益于种鸡 性能提升 ...

Core Viewpoint - The company reported a sales revenue of 1.533 billion yuan in April 2025, showing a slight year-on-year increase of 0.68% and a month-on-month increase of 0.07% [1] Group 1: Sales Revenue - The poultry breeding and processing segment generated sales revenue of 1.163 billion yuan, reflecting a year-on-year change of -0.01% and a month-on-month change of -1.37% [1] - The deep-processed meat products segment achieved sales revenue of 620 million yuan, with a year-on-year increase of 3.13% and a month-on-month decrease of 5.91% [1] Group 2: Sales Volume - In April, the poultry breeding and processing segment sold 118,400 tons of chicken, which is a year-on-year increase of 3.01% but a month-on-month decrease of 4.07% [1] - The deep-processed meat products segment sold 31,900 tons, marking an 18.22% increase year-on-year and a 5.00% decrease month-on-month [1]

证券代码：002299 证券简称：圣农发展 公告编号：2025-031 鉴于公司原证券事务代表曾丽梅女士因个人原因已辞去证券事务代表职务， 公司董事会同意聘任傅志诚先生担任公司证券事务代表，协助董事会秘书履行相 关职责，其任期自本次董事会会议审议通过之日起至第七届董事会任期届满之日 止。 具体内容详见公司于 2025 年 5 月 10 日在公司指定信息披露媒体《证券时 报 》《 中 国 证 券 报 》《 上 海 证 券 报 》《 证 券 日 报 》 和 巨潮资讯网 （http://www.cninfo.com.cn）披露的《福建圣农发展股份有限公司关于变更公 司证券事务代表的公告》（公告编号：2025-032）。 福建圣农发展股份有限公司 第七届董事会第十次会议决议公告 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。 福建圣农发展股份有限公司（以下简称"公司"）第七届董事会第十次会议 于 2025 年 5 月 9 日下午在福建省光泽县十里铺公司办公大楼四层会议室以通讯 和现场会议相结合的方式召开，本次会议由公司董事长傅光明先生召集并主持， 会议通知已于 2025 ...

关于福建圣农发展股份有限公司 2024 年度股东大会的 法 律 意 见 书 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 对于本法律意见书，本所特作如下声明： 1．本所及经办律师依据《证券法》《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则(试行)》等规定及本法律意见书出具日以 前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用 原则，进行了充分的核查验证，保证本法律意见书所认定的事实真实、准确、完 整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大遗 漏，并承担相应法律责任。 2．公司应当对其向本所律师提供的本次会议资料以及其他相关材料（包括 但不限于公司第七届董事会第七次会议决议及公告、第七届董事会第八次会议决 议及公告、第七届监事会第五次会议决议及公告、第七届监事会第六次会议决议 及公告、《关于召开 2024 年度股东大会的通知》、本次会议股权登记日的公司股 东名册和《公司章程》等）的真实性 ...

福建圣农发展股份有限公司 2024 年度股东大会决议公告 证券代码：002299 证券简称：圣农发展 公告编号：2025-030 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。 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"）2024 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 2025 年 5 月 7 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 2025 年 5 月 7 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 2025 年 5 月 7 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 ...