（文章来源：证券日报） 证券日报网讯华英农业11月12日在互动平台回答投资者提问时表示，截至2025年11月10日公司股东户数 为36592户。 ...

Core Points - The stock price of Huaying Agriculture reached a limit up on November 11, trading at 3.45 CNY per share with a total market capitalization of 7.358 billion CNY [1] - Year-to-date, Huaying Agriculture's stock price has increased by 44.35%, with a 14.62% rise in the last five trading days [2] Financial Performance - For the period from January to September 2025, Huaying Agriculture reported a revenue of 3.79 billion CNY, reflecting a year-on-year growth of 0.89%. However, the net profit attributable to shareholders was -32.23 million CNY, a decrease of 198.26% compared to the previous year [3] - The company has distributed a total of 85.51 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [4] Shareholder Information - As of October 31, Huaying Agriculture had 37,200 shareholders, a decrease of 0.42% from the previous period, while the average number of circulating shares per shareholder increased by 0.42% to 57,176 shares [3]

Core Insights - The aquaculture sector experienced a slight increase of 0.31% on November 7, with Tianyu Biological leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Aquaculture Sector Performance - Tianyu Biological (603717) closed at 9.46, up 3.05% with a trading volume of 169,600 shares and a turnover of 160 million yuan [1] - Other notable performers included: - Luoniushan (000735) at 8.12, up 2.40% with a volume of 1,088,900 shares [1] - Zhengbang Technology (002157) at 66.7, up 1.36% with a volume of 1,212,200 shares [1] - Muyuans (002714) at 49.71, up 0.93% with a volume of 285,500 shares [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 223 million yuan from institutional investors, while retail investors experienced a net outflow of 11.04 million yuan [2] - Key stocks with significant capital flow included: - Muyuan (002714) with a net inflow of 214 million yuan from institutional investors [3] - Jingji Zhino (000048) with a net inflow of 50.59 million yuan from institutional investors [3] - Zhengbang Technology (002157) with a net inflow of 24.48 million yuan from institutional investors [3]

Core Insights - The company Huaying Agriculture (002321) reported that as of October 31, 2025, the number of shareholders is 37,152 [1] Summary by Category - **Company Information** - Huaying Agriculture has a projected number of shareholders reaching 37,152 by the end of October 2025 [1]

Core Insights - The land transfer concept index rose by 0.53%, ranking 10th among concept sectors, with 24 stocks increasing in value, including Unification Holdings and China Wuyi, which hit the daily limit [1][2] - The sector experienced a net outflow of 536 million yuan in capital, with Unification Holdings leading in net inflow at 239 million yuan [2][3] Group 1: Stock Performance - Unification Holdings and China Wuyi both saw significant gains, with increases of 10.00% and 9.97% respectively, while Xiamen Xiangyu, Huaying Agriculture, and Yong'an Forestry also performed well with increases of 5.11%, 2.73%, and 2.26% [1][5] - The stocks with the largest declines included Shanghai Shiji Development, Beijing Investment Development, and China Baoan, which fell by 3.89%, 3.49%, and 2.59% respectively [1][5] Group 2: Capital Flow - The leading stocks in terms of net capital inflow were Unification Holdings (239 million yuan), China Wuyi (72.76 million yuan), and Chuaning Biological (18.73 million yuan) [2][3] - The net inflow ratios for Unification Holdings, China Wuyi, and Chuaning Biological were 44.74%, 14.51%, and 5.45% respectively, indicating strong investor interest [3]

Core Viewpoint - The article highlights the significant role of Henan province in China's new consumption landscape, particularly in the prepared food industry, showcasing its dominance in production and supply of various food products [6][9][15]. Industry Overview - Henan is home to over 4,000 companies related to "prepared food," ranking first in the country for the number of such enterprises [10]. - The province produces a substantial portion of China's staple foods, including 25% of steamed buns, 33% of instant noodles, 50% of ham sausages, and 60% of dumplings [11]. - The region's agricultural advantages, including abundant raw materials and a well-established food production system, facilitate the growth of the prepared food sector [14][15]. Key Companies and Market Share - Major brands originating from Henan include: - Sanquan Foods: Sales scale of 7.434 billion yuan, market share of 20% to 40% [8]. - Shuanghui Development: Sales scale of 60.1 billion yuan, market share of 5% [8]. - Xinnong: Sales scale of 1 billion yuan, market share of 1% to 2% [8]. - The article notes that even if consumers are unfamiliar with these brands, they likely consume products supplied by them through popular restaurant chains [7]. Regional Advantages - Henan's geographical location provides logistical benefits, with developed rail and road networks and high cold chain transportation capabilities, making it a natural hub for the food industry [15]. - The province's population density offers a large market and labor force, further supporting the growth of the prepared food industry [15].

Core Insights - The aquaculture sector experienced a 1.0% increase on October 31, with Tianyu Biological leading the gains [1] - The Shanghai Composite Index closed at 3954.79, down 0.81%, while the Shenzhen Component Index closed at 13378.21, down 1.14% [1] Aquaculture Sector Performance - Tianyu Biological (603717) closed at 9.16, up 4.93% with a trading volume of 254,000 shares and a transaction value of 234 million [1] - Huaying Agriculture (002321) closed at 2.90, up 4.69% with a trading volume of 654,900 shares and a transaction value of 188 million [1] - Other notable performers include *ST Tianshan (300313) up 3.34%, Luoniushan (000735) up 2.37%, and Xiaoming Co. (300967) up 1.65% [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 290 million from institutional investors, while retail investors experienced a net outflow of 190 million [2] - Major stocks like Muyuan Foods (002714) had a net inflow of 203 million, while Wens Foodstuffs (300498) had a net inflow of 61 million [3] - The overall trend indicates a shift in capital, with institutional investors showing confidence in the sector while retail investors are withdrawing [2][3]

Core Insights - Huaying Agriculture (002321.SZ) released its Q3 2025 report on October 31, 2025, indicating significant institutional investor interest in the company [1] Institutional Holdings - As of October 30, 2025, a total of 10 institutional investors disclosed holdings in Huaying Agriculture A-shares, with a combined holding of 1.242 billion shares, representing 58.25% of the total share capital [1] - The top ten institutional investors include notable entities such as Xinyang Dingxin Xinghua Industrial Investment Partnership, Henan Guangzhou Chenyue Industrial Co., Ltd., and others, collectively holding 58.25% of the shares, which remains unchanged from previous reports [1] Public Fund Participation - In this reporting period, 19 public funds were disclosed, which were not reported in the previous quarter, including various ETFs focused on livestock and agriculture themes [1]

Core Viewpoint - The company has announced the cancellation of its supervisory board and the revision of its articles of association to enhance corporate governance and comply with the latest legal regulations [9][10]. Financial Data Summary - The third-quarter financial report has not been audited, and the company confirms that there are no adjustments or restatements of previous accounting data [3][8]. - The company has declared that there are no non-recurring gains or losses applicable for the reporting period [3]. Corporate Governance Changes - The supervisory board will be abolished, and its functions will be transferred to the audit committee of the board of directors, in line with the latest legal requirements and corporate governance standards [9][10]. - The company will revise its articles of association to reflect these changes and ensure compliance with relevant laws and regulations [9][12].

Core Viewpoint - The company has reported its financial performance and related party transactions, indicating a stable operational environment and adherence to regulatory requirements while also addressing asset impairment provisions. Group 1: Financial Performance - As of September 30, 2025, Dongxing Down's total assets amounted to 262 million yuan, with net assets of 30.47 million yuan. For the first nine months of 2025, the company achieved operating income of 66.04 million yuan and a net profit of 498,000 yuan [1] - The company has recognized a total of 26.8 million yuan in credit and asset impairment provisions for the first three quarters of 2025, which includes 18.23 million yuan for accounts receivable and 8.76 million yuan for inventory [9][10] Group 2: Related Party Transactions - The transactions with related parties are considered normal business dealings, executed based on signed contracts with reasonable settlement periods, and are priced fairly according to market principles [3][4] - The independent directors have unanimously agreed that the adjustments to the expected related party transactions for 2025 are necessary for the company's development and will not affect its independence or harm the interests of shareholders [5][42] Group 3: Governance and Compliance - The company held its 25th meeting of the seventh board of directors on October 29, 2025, where various proposals, including the adjustment of related party transactions and the election of the eighth board of directors, were discussed and approved [14][35] - The company plans to hold the third extraordinary general meeting of shareholders on November 19, 2025, to review the proposals from the board meeting [46]