广东海大集团股份有限公司 关于 2025 年开展套期保值业务的可行性分析 一、公司开展套期保值业务的背景和必要性 （一）商品套期保值业务 公司主要从事饲料、种苗、动保及生猪的生产和销售业务，同时以该业务为 依托，利用公司采购成本优势拓展原料及相关产品的贸易业务。 为规避经营相关原材料、成品、生猪及其他相关产品的价格大幅波动给公司 经营带来的不利影响，公司计划利用商品期货和商品期权进行套期保值业务操作， 以有效管理价格大幅波动的风险。 （二）外汇套期保值业务 公司在境外业务逐步扩大，进口采购、国际融资等国际交易日益频繁，因国 际政治、经济环境等多重因素影响，各国货币波动的不确定性增强。为防范利率 及汇率波动风险，降低利率波动对公司利润的影响，减少汇兑损失，降低财务费 用，公司拟开展与日常经营联系紧密的远期、互换、期权等产品或该等产品组合 的外汇套期保值业务。 二、公司拟开展的套期保值业务概述 （一）商品套期保值 1、拟投资的品种：外汇套期保值是指远期、互换、期权等产品或上述产品 的组合。套期保值的基础资产包括汇率、利率、货币；既可采取实物交割，也可 采取现金差价结算；既可采用保证金或担保进行杠杆交易，也可采用无 ...

Financial Performance - Revenue for the third quarter was RMB 32.56 billion, a decrease of 4.75% year-over-year[4] - Net profit attributable to shareholders was RMB 1.50 billion, an increase of 30.17% year-over-year[4] - Total revenue for the quarter was RMB 84.86 billion, a decrease of 2.38% compared to the same period last year[24] - Net profit attributable to parent company shareholders was RMB 3.62 billion, an increase of 60.96% year-over-year[26] - Operating profit reached RMB 4.30 billion, up 47.78% from the previous year[25] - Basic earnings per share (EPS) were RMB 2.18, compared to RMB 1.36 in the same period last year[26] Assets and Liabilities - Total assets increased by 18.04% to RMB 52.82 billion compared to the end of the previous year[4] - Total assets increased to RMB 52.82 billion, up 18.05% from the beginning of the year[24] - Total liabilities increased to RMB 29.37 billion, a 23.22% rise from the beginning of the year[24] - The company's equity attributable to parent company shareholders grew to RMB 22.19 billion, a 12.94% increase from the start of the year[24] - As of September 30, 2024, the company's monetary funds amounted to 5,888,928,990.02 yuan, an increase from 5,476,452,778.79 yuan at the beginning of the period[22] - The company's trading financial assets increased to 4,718,760,393.74 yuan as of September 30, 2024, compared to 1,286,752,498.95 yuan at the beginning of the period[22] - Accounts receivable rose to 4,483,965,101.03 yuan as of September 30, 2024, from 2,056,713,658.36 yuan at the beginning of the period[22] - Inventory increased to 10,455,312,925.76 yuan as of September 30, 2024, compared to 9,935,863,743.13 yuan at the beginning of the period[22] - Total current assets reached 28,042,951,368.06 yuan as of September 30, 2024, up from 20,905,525,299.45 yuan at the beginning of the period[22] - Total non-current assets amounted to 24,777,906,420.07 yuan as of September 30, 2024, compared to 23,841,210,476.16 yuan at the beginning of the period[22] - Total assets increased to 52,820,857,788.13 yuan as of September 30, 2024, from 44,746,735,775.61 yuan at the beginning of the period[22] Cash Flow - Cash flow from operating activities decreased by 15.97% due to lower feed product prices and increased receivables[8] - Cash flow from investing activities decreased by 164.51% due to increased investment in financial products[8] - Cash flow from financing activities increased by 16.47% due to reduced bank loan repayments[8] - Cash flow from operating activities was RMB 83.34 billion, a decrease of 3.09% year-over-year[27] - Operating cash inflow totaled 84.73 billion yuan, a decrease from 87.67 billion yuan in the previous period[28] - Operating cash outflow was 76.91 billion yuan, down from 78.37 billion yuan in the prior period[28] - Net cash flow from operating activities was 7.81 billion yuan, compared to 9.30 billion yuan previously[28] - Net cash flow from investing activities was -5.75 billion yuan, a larger outflow than the -2.17 billion yuan in the prior period[29] - Net cash flow from financing activities was -1.94 billion yuan, an improvement from -2.32 billion yuan previously[29] - Cash and cash equivalents at the end of the period stood at 5.47 billion yuan, up from 5.37 billion yuan at the start[29] - Interest and commission income received was 282.99 million yuan, slightly higher than the 271.08 million yuan in the prior period[28] - Tax refunds received totaled 238.75 million yuan, down from 261.53 million yuan previously[28] - Other operating cash inflows were 1.34 billion yuan, a decrease from 1.63 billion yuan in the prior period[28] - Cash paid for goods and services was 68.82 billion yuan, down from 71.58 billion yuan previously[28] Shareholder and Stock Options - The top 10 shareholders of Guangdong Haid Group Co., Ltd. hold a total of 1,142,708,146 shares, with Guangzhou Haixiao Investment Co., Ltd. being the largest shareholder holding 910,589,359 shares[11] - The 2024 stock option incentive plan granted 32,382,180 stock options to 3,655 eligible incentive recipients on April 19, 2024[15] - The core team employee stock ownership plan sold 594,400 shares through centralized bidding, with 600,182 shares remaining, accounting for approximately 0.04% of the company's total share capital at the end of the reporting period[17] - The 2021 stock option incentive plan had 9,657,500 stock options canceled as they did not meet the exercise conditions, and an additional 1,084,080 stock options were canceled for 275 incentive recipients[14] - The 2024 stock option incentive plan was approved at the company's 2024 first extraordinary general meeting on March 20, 2024[15] - The 2023 employee stock ownership plan held 10,272,108 shares, accounting for 0.62% of the company's total share capital[11] - The 2024 stock option incentive plan was adjusted to modify the list of incentive recipients and the number of granted rights, with the grant date set as April 19, 2024[15] - The core team employee stock ownership plan's fourth phase held 1,194,582 shares that were eligible for trading during the reporting period[17] - The 2021 stock option incentive plan's third exercise period for the initial grant and the second exercise period for the reserved grant did not meet the exercise conditions, leading to the cancellation of the corresponding stock options[14] - The 2024 stock option incentive plan's accounting treatment follows the "Accounting Standards for Business Enterprises No. 11 - Share-based Payment," with the cost of services recognized in the relevant costs or expenses and capital reserve based on the fair value at the grant date[16] - The company's 2023 employee stock ownership plan did not meet the performance assessment indicators, and the lock-up period ended on September 7, 2024, with no change in the number of shares held as of the end of the reporting period[18] - The company implemented the 2024 employee stock ownership plan, with 6,715,461 shares transferred to the dedicated securities account for the plan on April 30, 2024[19] - The implementation of the employee stock ownership plan will not have a significant impact on the company's financial status and operating results[20] Expenses and Costs - R&D expenses increased by 23.08% to RMB 646.32 million[25] - Sales expenses rose by 12.82% to RMB 2.03 billion[25] - Accounts receivable increased by 118.02% due to business growth and peak season effects[7] - Deferred tax assets increased by 32.79% due to gains from financial products and increased equity incentive expenses[7] - Trading financial liabilities surged by 1,504.30% due to increased commodity hedging activities[7] - Short-term liabilities increased by 73.19% due to higher short-term borrowings[7]

证券代码：002311 证券简称：海大集团 公告编号：2024-065 广东海大集团股份有限公司 关于续聘致同会计师事务所（特殊普通合伙） 为公司 2024 年度审计机构的公告 2、公司本次续聘审计机构事项符合财政部、国务院国资委、证监会印发的 《国有企业、上市公司选聘会计师事务所管理办法》（财会〔2023〕4 号）的规 定。 一、拟续聘会计师事务所事项的情况说明 广东海大集团股份有限公司（以下简称"公司"）于 2024 年 10 月 17 日召开 第六届董事会第二十一次会议，审议通过了《关于续聘致同会计师事务所（特殊 普通合伙）为公司 2024 年度审计机构的议案》，同意续聘致同会计师事务所（特 殊普通合伙）（以下简称"致同会计师事务所"）为公司 2024 年度财务及内控审 计机构，该事项尚需提交公司股东大会审议。现将相关事项公告如下： 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。 重要内容提示： 1、拟续聘的会计师事务所名称：致同会计师事务所（特殊普通合伙） 二、拟续聘会计师事务所的基本情况 1、机构信息 （1）基本信息 会计师事务所名称：致同会计师事务 ...

证券代码：002311 证券简称：海大集团 公告编号：2024-061 广东海大集团股份有限公司 关于控股股东部分股份质押的公告 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。 广东海大集团股份有限公司（以下简称"公司"）于近日接到公司控股股东 广州市海灏投资有限公司（以下简称"海灏投资"）函告，获悉海灏投资将其所 持有公司的部分股份办理了质押手续，具体事项如下： 一、股东股份质押的基本情况 | 股东 | 是否为控股 股东或第一 | 本次质押 数量 | 占其所 持股份 | 占公司 总股本 | 是否为 | 是否为 补充 | 质押 | 质押 | 质权人 | 质押用途 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 大股东及其 | （股） | 比例 | 比例 | 限售股 | 质押 | 起始日 | 到期日 | | | | | 一致行动人 | | | | | | | | | | | 海灏投资 | 是 | 3,600,000 | 0.40% | 0.22% | 否 | ...

广东海大集团股份有限公司 关于控股股东部分股份补充质押的公告 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。 广东海大集团股份有限公司（以下简称"公司"）于近日接到公司控股股东 广州市海灏投资有限公司（以下简称"海灏投资"）函告，获悉海灏投资将其所 持有公司的部分股份办理了补充质押手续，具体事项如下： 证券代码：002311 证券简称：海大集团 公告编号：2024-060 2、中国证券登记结算有限责任公司深圳分公司股份冻结明细等； 3、广州市海灏投资有限公司告知函。 特此公告。 上述质押股份不存在负担重大资产重组等业绩补偿义务。 2、股东股份累计质押基本情况 截至公告披露日，上述股东及其一致行动人所持质押股份情况如下： | | | | 本次质押 | 本次质押 | | | | 已质押股份情况 | 未质押股份情况 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | 持股数量 | 持股比 | 前质押股 | 后质押股 | 占其所 | 占公司 | 已质押 | 占已质 ...

证券代码：002311 证券简称：海大集团 公告编号：2024-059 | 股东 | 是否为控股股东 | 本次解除质 | 占其所持股 | 占公司总股 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | 或第一大股东及 | 押股份数量 | 份比例 | 本比例 | 起始日 | 解除日期 | 质权人 | | | 其一致行动人 | （股） | | | | | | | 海灏 | 是 | 6,690,000 | 0.73% | 0.40% | 2021 年 10 | 2024 年 9 | 广发证券股 | | 投资 | | | | | 月 26 日 | 月 12 日 | 份有限公司 | 广东海大集团股份有限公司 关于控股股东部分股份质押及解除质押的公告 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。 广东海大集团股份有限公司（以下简称"公司"）于近日接到公司控股股东 广州市海灏投资有限公司（以下简称"海灏投资"）函告，获悉海灏投资将其所 持有公司的部分股份办理了质押及解除质押手续，具体事项如下： ...

Group 1: Sales Performance - In the first half of 2024, Haida Group achieved feed sales of 10.81 million tons, representing a year-on-year growth of 8% [2] - The company's overseas feed sales exceeded 1 million tons in the first half of 2024, with a year-on-year growth of over 30% [3] Group 2: Financial Metrics - The operating revenue for the first half of 2024 was 52.296 billion yuan, a slight decrease of 0.84% compared to the previous year [2] - The net profit attributable to shareholders in the first half of 2024 reached 2.125 billion yuan, with a year-on-year growth of 93.15% [4] - The cash flow from operating activities in the first half of 2024 was 1.901 billion yuan, a decline of 65.72% year-on-year [3] - The cash flow from investment activities was -2.102 billion yuan, down 36.4% year-on-year, while cash flow from financing activities was -0.589 billion yuan, an increase of 13.69% [3] Group 3: Inventory and Assets - As of the end of the first half of 2024, the book value of inventory was 11.682 billion yuan, an increase of 17.58% compared to the end of the previous year, accounting for 58.01% of the net assets attributable to shareholders [3] - The asset-liability ratio at the end of the first half of 2024 was 56.24%, a decrease of 3.4% compared to the same period last year [4] Group 4: Research and Development - The R&D investment in the first half of 2024 was approximately 400 million yuan, reflecting a year-on-year growth of 16.02% [3] Group 5: Expenses - Selling expenses in the first half of 2024 amounted to 1.259 billion yuan, a year-on-year increase of 10.81% due to expanded operations and increased personnel costs [4] - Management expenses reached 1.488 billion yuan, up 14.86% year-on-year, attributed to similar reasons as selling expenses [4]

证券代码：002311 证券简称：海大集团 公告编号：2024-058 广东海大集团股份有限公司 关于参加 2024 年广东辖区上市公司投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，广东海大集团股份有限公司（以下简称 "公司"）将参加由广东证监局、广东上市公司协会联合举办的"坚定信心 携 手共进 助力上市公司提升投资价值——上市公司广东辖区上市公司投资者关系 管理月活动投资者集体接待日"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）参与本次互动交流，活动时间为 2024 年 9 月 12 日（周四） 15:30-16:30。届时公司高管将在线就 2024 年半年度业绩、公司治理、发展战略、 经营状况、融资计划、股权激励和可持续发展等投资者关心的问题，与投资者进 行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告！ 广东海大集团股份有限公司董事会 二 O 二四年九月十日 ...

证券代码：002311 证券简称：海大集团 广东海大集团股份有限公司投资者关系活动记录表 | --- | --- | --- | --- | |----------------|------------------------------------|------------------------------------------------------------|------------------------| | | | | 编号： 2024-007 | | | □特定对象调研 | □分析师会议 | | | 投资者关系活动 | □媒体采访 | □业绩说明会 | | | 类别 | □新闻发布会 | □路演活动 | | | | □现场参观 | | | | | 其他（券商策略会） | | | | | | 近期，公司分别前往上海、深圳参加券商策略会，广发证券、汇丰 | | | | | 前海证券、瑞银证券、华泰证券、长江证券、景顺长城基金、嘉实 | | | 参与单位名称及 | 基金等多家机构共 112 | 位投资者参与。名单详见附件清单。 | | | | | 重要提示：参会人员名单由主办机构提供并经整理后披 ...

证券代码：002311 证券简称：海大集团 公告编号：2024-057 广东海大集团股份有限公司 关于公司 2023 年员工持股计划锁定期届满的公告 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。 广东海大集团股份有限公司（以下简称"本公司""公司"）于 2023 年 6 月 28 日召开第六届董事会第十一次会议、第六届监事会第十次会议，于 2023 年 7 月 17 日召开了 2023 年第三次临时股东大会，审议通过了《关于<广东海大集团股 份有限公司 2023 年员工持股计划（草案）>及其摘要的议案》（以下简称"2023 年 员工持股计划"或"本员工持股计划"）等相关议案；公司于 2023 年 9 月 27 日召 开了第六届董事会第十四次会议，于 2023 年 10 月 9 日召开了 2023 年第四次临 时股东大会，审议通过了《关于调整公司 2023 年员工持股计划业绩考核指标的 议案》。具体内容详见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）披露的相关公告。 ...