Core Viewpoint - The passing of the original actual controller and chairman of Dabeinong, Shao Genhuo, has led to significant changes in the company's ownership structure, with his spouse and minor daughter inheriting substantial shares, impacting control and governance of the company [2][7]. Group 1: Ownership Changes - Shao Genhuo held 928 million shares, accounting for 21.58% of the total share capital of Dabeinong [2]. - Following his death, his spouse Mo Yun inherited 696 million shares (16.18%), while his minor daughter inherited 232 million shares (5.39%) [2][5]. - Mo Yun and Shao's daughter together hold 21.58% of the shares as concerted actors, with Mo Yun exercising all rights associated with the shares due to her role as the legal guardian of the minor [7]. Group 2: Financial Performance - For the first three quarters of 2025, Dabeinong reported revenue of 20.744 billion yuan and a net profit attributable to shareholders of 257 million yuan [7]. - The company anticipates a loss of between 450 million yuan and 580 million yuan for the full year of 2025 [7]. Group 3: Background of Shao Genhuo - Shao Genhuo, born in July 1965, was a pioneer in pig nutrition in China and held a doctorate in agronomy from China Agricultural University [7]. - He transitioned from academia to entrepreneurship in 1993, founding Dabeinong with an initial investment of 20,000 yuan [8].

Core Viewpoint - The article discusses the succession of control in the company Dabeinong (002385) following the death of its original controlling shareholder, Shao Genhuo, and the implications of this change for the company's governance and financial performance [1][6]. Group 1: Shareholder Changes - Shao Genhuo, the original controlling shareholder and chairman of Dabeinong, passed away on February 3, holding 928 million shares, which accounted for 21.58% of the total share capital [1]. - His shares are inherited by his spouse, Mo Yun, and their minor daughter, with Mo Yun inheriting 696 million shares (16.18% of total shares) and the daughter inheriting 232 million shares (5.39% of total shares) [1][4]. - Following the inheritance, Mo Yun and her daughter collectively hold 21.58% of Dabeinong's shares, with Mo Yun exercising all associated rights due to her role as the legal guardian of the minor [6]. Group 2: Financial Performance - For the first three quarters of 2025, Dabeinong reported revenues of 20.744 billion yuan and a net profit attributable to shareholders of 257 million yuan [6]. - The company anticipates a significant loss for the full year, projecting a net loss between 450 million yuan and 580 million yuan [6]. Group 3: Background of the Company - Shao Genhuo was a notable figure in agricultural academia, being the first PhD in pig nutrition in China and a professor at China Agricultural University before founding Dabeinong in 1993 with an initial investment of 20,000 yuan [7].

证券代码： 002385 股票简称：大北农 编号：2026-023 重要提示： 1、本次权益变动系因公司原控股股东、实际控制人邵根伙先生逝世产生的 夫妻共同财产分割及遗产继承所致，邵根伙先生的配偶莫云女士及未成年女儿邵 某某通过继承的方式获得上市公司股份，不会对公司产生重大不利影响。 2、本次权益变动完成后，公司控股股东、实际控制人将变更为莫云女士。 3、本次权益变动不触及要约收购。 北京大北农科技集团股份有限公司（以下简称"公司"或"大北农"）于近 日收到莫云女士、未成年女儿邵某某（以下统称"信息披露义务人"）出具的《详 式权益变动报告书》，现将相关情况公告如下： 北京大北农科技集团股份有限公司 关于控股股东、实际控制人变更暨权益变动的提示性公告 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。 一、本次权益变动基本情况 公司原实际控制人、董事长邵根伙先生于 2026 年 2 月 3 日因病逝世，邵根 伙先生生前直接持有公司股份 927,754,831 股，占公司总股本的 21.58%。根据北 京市精诚公证处于 2026 年 3 月 20 日出具的证书编号为（ ...

北京大北农科技集团股份有限公司 信息披露义务人一：莫云 通讯地址：北京市海淀区澄湾街 19 号院大北农凤凰国际创新 园 信息披露义务人二：未成年人邵某某 通讯地址：北京市海淀区澄湾街 19 号院大北农凤凰国际创新 园 详式权益变动报告书 上市公司名称：北京大北农科技集团股份有限公司 股票上市地点：深圳证券交易所 股票简称：大北农 股票代码：002385 三、信息披露义务人签署本报告书已获得必要的授权和批准。 四、本次权益变动是根据本报告书所载明的资料进行的。除信息披露义务人 外，信息披露义务人没有委托或者授权任何其他人提供未在本报告书中列载的信 息和对本报告书作出任何解释或者说明。 五、信息披露义务人承诺本报告书不存在虚假记载、误导性陈述或重大遗漏， 并对其真实性、准确性、完整性承担个别和连带的法律责任。 权益变动性质：股份增加（继承） 签署日期：二零二六年三月 北京大北农科技集团股份有限公司详式权益变动报告书 信息披露义务人声明 本部分所述词语或简称与本报告书"释义"所述词语或简称具有相同含义。 一、本报告书系根据《中华人民共和国公司法》《中华人民共和国证券法》 《上市公司收购管理办法》《公开发行证券的公司 ...

1.本次股东会未出现否决提案的情形； 2.本次股东会不涉及变更以往股东会已通过的决议。 证券代码：002385 证券简称：大北农 公告编号：2026-022 北京大北农科技集团股份有限公司 2026 年第二次临时股东会决议公告 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。 特别提示： (2)网络投票起止时间： 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间 ①通过深圳证券交易所（以下简称"深交所"）交易系统进行网络投票的具体 时间为：2026 年 3 月 20 日 9:15—9:25，9:30—11:30 和 13:00—15:00； ②通过互联网投票系统（http://wltp.cninfo.com.cn）投票的具体时间为：2026 年 3 月 20 日上午 09:15 至下午 15:00 期间的任意时间。 (1)现场会议召开时间：2026 年 3 月 20 日（星期五）下午 14：30 开始 2.现场会议召开地点：北京市海淀区澄湾街 19 号院大北农凤凰国际创新园 行政楼 104 会议室 3.会议召开方式：采取现场投票与网络投票相结合的方式 ...

北京市天元律师事务所 关于北京大北农科技集团股份有限公司 2026 年第二次临时股东会的法律意见 京天股字（2026）第 111 号 致：北京大北农科技集团股份有限公司 北京·上海·深圳·成都·杭州·西安·海口·苏州·广州·合肥·昆明·南京·武汉·郑州·香港 www.tylaw.com.cn 原则，进行了充分的核查验证，保证本法律意见所认定的事实真实、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。 本所及经办律师同意将本法律意见作为本次股东会公告的法定文件，随同其 他公告文件一并提交深圳证券交易所（以下简称"深交所"）予以审核公告，并 依法对出具的法律意见承担责任。 本所律师按照律师行业公认的业务标准、道德规范和勤勉尽责精神，对公司提 供的文件和有关事实进行了核查和验证，现出具法律意见如下： 一、本次股东会的召集、召开程序 公司第六届董事会于 2026 年 3 月 4 日召开第四十二次（临时）会议作出决 议召集本次股东会，并于 2026 年 3 月 5 日通过指定信息披露媒体发出了《召开 股东会通知》，该通知文件中载明了召开本次股东会的时间、地点、审 ...

Investment Rating - The investment rating for the industry is "Positive" (maintained) [4] Core Viewpoints - The overall market for live pig sales is progressing slowly, with a divergence in performance among leading enterprises. Supply is expected to remain loose in the coming six months [4] - The cash flow pressure in the industry is significant, with expectations of deep losses in the second quarter as both live pigs and piglets may face substantial deficits [4][56] - The industry is currently at a cyclical bottom, with cash flow continuously depleting and pessimistic expectations accelerating capacity reduction [82] Summary by Sections 1. Sales Volume - The industry sales progress in February was below expectations, with a completion rate of only 95%. March is expected to see a 25% increase in planned sales compared to February [8] - The actual sales volume for February was 21.75 million heads, a year-on-year increase of 19% but a month-on-month decrease of 22% [16] - The estimated theoretical total output of commodity pigs for the first half of 2026 is expected to increase by 7.84% year-on-year [8] 2. Pig Prices and Profits - February pig prices showed a decline of 24% year-on-year and 12% month-on-month, with average profits turning negative at -99 yuan per head [56] - The price of piglets saw a seasonal increase in February, but the sentiment for replenishment is expected to weaken [59] - The price difference between fattened pigs and market pigs expanded seasonally but remains lower year-on-year [63] 3. Production Capacity - The breeding stock showed a slight increase in February, but the industry is expected to face ongoing cash flow issues leading to accelerated capacity reduction [76] - As of December 2025, the breeding sow inventory was 39.61 million heads, a year-on-year decrease of 2.87%, indicating a persistent overcapacity issue [79] - The industry is advised to optimize capacity by eliminating low-yield sows and enhancing the breeding of high-efficiency pigs [79] 4. Investment Recommendations - The report suggests that it is an opportune time to invest in leading breeding enterprises during this low cycle phase [82] - Recommended companies include DeKang Agriculture, Muyuan Foods, and Wen's Foodstuffs, among others [84]

证券代码： 002385 股票简称：大北农 编号：2026-021 北京大北农科技集团股份有限公司 关于控股子公司大豆产品获批欧盟进口许可的公告 二、风险提示 1、目前，DBN9004 已获得欧盟和中国两个主要大豆进口地区/国的进口许 可。为实现全球自由贸易，大北农生物已启动其他粮食进口国的法规申报。敬请 广大投资者谨慎投资，注意防范投资风险。 2、公司指定的信息披露媒体为《证券时报》《上海证券报》《证券日报》 和巨潮资讯网（http://www.cninfo.com.cn），有关本公司的信息以上述指定媒体 刊登的信息为准。 三、备查文件 欧盟官方网站链接： https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=PI_COM%3AC%282026%2914 96&qid=1773217604741 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。 一、欧盟进口许可获批情况 欧洲当地时间 2026 年 3 月 10 日，欧盟委员会在其官方网站公布，北京大北 农科技集团股份有限公司（以下简称"公司"）控股子公司北京大 ...

Market Strategy - Market risk appetite has rebounded significantly, with a notable rebound in the technology innovation sector [5][8] - The overall A-share market saw a rise, with the Wind All A Index increasing by 1.58% to 6832.57 points, while the Shanghai Composite Index rose by 0.65% to 4123.14 points [8][9] - The technology innovation sector, represented by the STAR 50 Index, increased by 2.16%, indicating strong performance in growth-oriented stocks [8][9] Economic Indicators - In January-February, China's exports increased by 21.8% year-on-year, with a trade surplus of 213.6 billion USD [17][18] - The People's Bank of China conducted a 395 billion CNY reverse repurchase operation with a fixed interest rate of 1.40% [19][20] Industry Dynamics - China's rare earth exports reached 10,468.3 tons in January-February, a year-on-year increase of 23.0% [30][31] - The import volume of copper ore and its concentrates totaled 4.934 million tons in January-February, reflecting a year-on-year growth of 4.9% [32][33] - The total sales of two-wheeled electric vehicles in 2025 reached 63.7 million units, representing a year-on-year increase of 29.47% [44] Company Tracking - New城控股 issued 355 million USD in offshore bonds with an interest rate of 11.8%, aimed at repaying maturing debts [52][53] - 天赐材料 reported a net profit of 1.362 billion CNY for 2025, a year-on-year increase of 181.43%, driven by strong sales of lithium battery materials [55] - 益生股份 saw a 1.15% year-on-year increase in the sales of white feather broiler chicks in February, while the sales of breeding pigs declined by 12.44% [57] - 大北农 reported a 39.38% year-on-year increase in pig sales in February, with sales revenue reaching 475 million CNY [59] - 巨星农牧's pig sales in February increased by 24.06% year-on-year, generating sales revenue of 425 million CNY [61]

中德证券有限责任公司 关于北京大北农科技集团股份有限公司 2025 年度持续督导培训情况的报告 中德证券有限责任公司（以下简称"中德证券"、"保荐机构"）作为北京大 北农科技集团股份有限公司（以下简称"大北农"或"公司"）向特定对象发行 股票的保荐机构。根据《证券发行上市保荐业务管理办法》《深圳证券交易所股 票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司 规范运作》等有关法规和规范性文件的要求，于 2026 年 2 月 25 日对大北农董 事、高级管理人员、中层以上管理人员等进行了培训，现将培训情况报告如下： 2、培训人员：持续督导人员马明宽、来晋超、万高峰 3、参加培训人员：大北农董事、高级管理人员、中层以上管理人员等 二、培训内容 本次培训的主要内容为上市公司信息披露规范要点、上市公司投资者关系 管理、上市公司股票内幕交易防范、董监高减持规则、沪深北交易所修订发布 新的股票上市规则及配套规则指南及廉洁从业宣传。 三、培训结论 本次培训围绕上市公司信息披露规范要点、上市公司投资者关系管理、上 市公司股票内幕交易防范、董监高减持规则、沪深北交易所修订发布新的股票 上市规则及配套规则 ...