1-9月，控股公司累计销售生猪316.08万头，同比增长25.93%。累计销售收入48.98亿元，同比增长 13.96%。 智通财经APP讯，大北农(002385.SZ)发布2025年9月份生猪销售情况简报，9月控股公司生猪销售数量为 37.37万头，销售收入5.41亿元。其中销售数量环比增长6.10%，同比增长33.08%;销售收入环比增长 3.64%，同比增长-6.24%;商品肥猪出栏均重128.86公斤，销售均价12.91元/公斤。 ...

北京大北农科技集团股份有限公司 非金融企业债务融资工具信息披露事务管理制度 第一章 总则 第一条 为规范北京大北农科技集团股份有限公司（以下简称"公司"或"本 公司"）在银行间债券市场发行非金融企业债务融资工具的信息披露行为，保护 投资者的合法权益，根据中国人民银行《银行间债券市场非金融企业债务融资工 具管理办法》（中国人民银行令[2008]第 1 号）、《公司信用类债券信息披露管 理办法》、中国银行间市场交易商协会（以下简称"交易商协会"）《银行间债 券市场非金融企业债务融资工具信息披露规则》（以下简称"《信息披露规则》"） 等相关法律法规的要求，制定本制度。 第二条 本制度中所称"非金融企业债务融资工具"（以下简称"债务融资 工具"）是指在中国银行间债券市场发行的，约定在一定期限内还本付息的有价 证券。 第三条 本制度所称"信息"是指公司作为交易商协会的注册会员，在债务 融资工具发行及存续期内，对发行债务融资工具的非金融企业偿债能力或投资者 权益可能有重大影响的信息以及债务融资工具监管部门要求披露的信息。 本制度所称"信息披露"，是指在债务融资工具发行时或存续期限内，监管 机构要求披露的信息或对投资者做出 ...

北京大北农科技集团股份有限公司 证券代码：002385 证券简称：大北农 公告编号：2025-082 第六届董事会第三十四次（临时）会议决议公告 1、审议通过《非金融企业债务融资工具信息披露事务管理制度》 具体内容详见公司同日在巨潮资讯网（www.cninfo.com.cn）披露的《非金融 企业债务融资工具信息披露事务管理制度》。 表决结果：9 票赞成；0 票反对；0 票弃权。 三、备查文件 1、第六届董事会第三十四次（临时）会议决议。 特此公告。 北京大北农科技集团股份有限公司董事会 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、董事会会议召开情况 北京大北农科技集团股份有限公司（以下简称"公司"）第六届董事会第三 十四次（临时）会议通知于 2025 年 9 月 30 日以电子邮件的方式发出，会议于 2025 年 10 月 9 日在公司以通讯方式召开，本次会议应出席董事 9 名，实际出席 董事 9 名。本次会议由董事长邵根伙先生主持，公司监事及其他高级管理人员列 席了会议。会议的召开符合《中华人民共和国公司法》《公司章程》《董事会议 事规则》的有关规定 ...

Group 1 - The core viewpoint of the article highlights the growth in China's feed industry, with a projected production of 29.27 million tons in August 2025, reflecting a year-on-year increase of 3.6% [1] - Cumulative feed production from January to August 2025 is reported at 219.49 million tons, showing a cumulative growth of 6.7% [1] Group 2 - Listed companies in the feed industry include New Hope (000876), Haida Group (002311), Tongwei Co., Ltd. (600438), Dabeinong Technology Group (002385), and Yuehai Feed (001313) [1] - The data source for the feed production statistics is the National Bureau of Statistics, with analysis provided by Zhiyan Consulting [2]

Group 1 - The genetically modified (GM) concept sector declined by 0.17% as of the market close on September 29, ranking among the top decliners in concept sectors [1] - Within the GM sector, notable decliners included Jincheng Pharmaceutical, Shennong Agriculture, and Guotou Fengle, while the top gainers were Xin'an Co., Huabang Health, and Top Cloud Agriculture, with respective increases of 3.89%, 1.80%, and 0.78% [1] - The GM sector experienced a net outflow of 80 million yuan in principal funds today, with Jincheng Pharmaceutical leading the outflow at 39.04 million yuan [2] Group 2 - The top stocks with net outflows in the GM sector included Longping High-Tech, Xin'an Co., and Nongfa Seed Industry, with outflows of 13.57 million yuan, 11.01 million yuan, and 8.06 million yuan respectively [2] - Conversely, the stocks with the highest net inflows included Dabeinong, KQ Bio, and Dunhuang Seed Industry, with inflows of 12.52 million yuan, 2.55 million yuan, and 2.35 million yuan respectively [2][3] - The trading performance of Jincheng Pharmaceutical showed a decline of 4.49% with a turnover rate of 4.06% [2]

Core Viewpoint - The 2025 Dabeinong Group Harvest Festival has opened in Beijing, focusing on agricultural innovation and showcasing high-quality agricultural products [1] Group 1: Event Overview - The festival is co-hosted by Dabeinong Group, China Agricultural Research Institute, and the Zhongguancun Technology Entrepreneurs Association, with Dayaogu Group as the organizer [1] - The event features a "Harvest Festival Carnival" that integrates agricultural innovation achievements and industry collaboration [1] Group 2: Highlights and Features - The festival includes six distinctive sections, showcasing premium agricultural products such as saltwater shrimp, Wuchang rice, and Aohan golden millet [1] - A standardized display and immersive tasting experience allow attendees to appreciate the quality of agricultural products [1] Group 3: Economic Impact - The agricultural specialty market serves as a platform to connect production and sales, utilizing live streaming to promote high-quality agricultural products nationwide [1] - This initiative aims to broaden income channels for farmers, enhancing their economic prospects [1] Group 4: Duration - The 2025 Dabeinong Harvest Festival will continue until October 6 [1]

Group 1 - The 2025 Dabeinong Group Harvest Festival was held in Beijing, themed "Innovating Agriculture for a Better Life," showcasing agricultural technology achievements and the results of rural revitalization strategies [1][4] - The festival included a grand opening ceremony with performances celebrating agricultural achievements, emphasizing the importance of agricultural technology in enhancing productivity [2][5] - Dabeinong Group's chairman highlighted the company's mission of "Strengthening Agriculture and Serving the Nation," focusing on building a global high-quality food supply chain [4][13] Group 2 - The festival featured a "5F" themed exhibition area, creating an immersive experience from farm to table, showcasing the full industry chain of Dabeinong [7][12] - The event included six distinctive exhibition areas, displaying geographical indication products, innovative agricultural technologies, and quality agricultural products from over 45 enterprises [12] - The festival aims to promote the integration of urban and rural areas, showcasing the company's commitment to agricultural modernization and food security [13]

Investment Rating - The industry rating is "Recommended" [3] Core Insights - The report highlights the ongoing decline in pork prices, with the average price of live pigs at 12.64 CNY/kg, down 3.05% week-on-week, indicating a supply surplus in the market. However, upcoming festivals are expected to boost consumption and potentially stabilize prices [2][13] - The report emphasizes the importance of improving grain yield through advanced agricultural practices and technology, particularly in the context of food security and the promotion of genetically modified crops [1][12] Summary by Sections Planting Industry Chain - The Ministry of Agriculture and Rural Affairs is focusing on enhancing grain yields through a comprehensive approach tailored to specific crops and regions. This includes promoting high-performance agricultural machinery and addressing storage issues in different regions [1][12] - Companies like Beidahuang and Suqian Agricultural Development are expected to benefit from these initiatives, along with seed companies such as Dabeinong and Longping High-Tech [1][12] Swine Farming - The current average price of live pigs is 12.64 CNY/kg, reflecting a significant decrease due to oversupply. A meeting was held to discuss reducing the breeding sow population by approximately 1 million to stabilize prices [2][13] - The report suggests that the swine industry will focus on quality improvement and efficiency, with a gradual elimination of outdated production capacity. Companies like Muyuan Foods and Wen's Foodstuffs are highlighted as key players to watch [2][5][13] Key Agricultural Product Data Tracking - Corn: The average price is 2360.47 CNY/ton, down 0.10% week-on-week [26] - Wheat: The average price is 2434.39 CNY/ton, up 0.23% week-on-week [29] - Soybeans: The average price is 4050.42 CNY/ton, up 0.17% week-on-week [38] - Cotton: The average price is 15090.00 CNY/ton, down 0.89% week-on-week [46] Feed and Vitamin Prices - The average price of pig feed is 2.68 CNY/kg, with no change week-on-week. Vitamin E prices have decreased by 7.84% to 51.70 CNY/kg [52][63]

Core Viewpoint - The pig market is experiencing a downturn despite the traditional peak season, with prices dropping and concerns over excess production capacity [1][2][3] Price Trends - As of September 26, the average price of external three yuan pigs in China is 12.71 yuan/kg, down 0.04 yuan/kg from the previous day, with half of the regions experiencing prices in the "5 yuan pig price zone" [1] - The average price of pigs in the third week of September was 13.85 yuan/kg, and the average pork price was 24.51 yuan/kg, reflecting a 0.8% decrease from the previous week [1][2] Supply and Demand Dynamics - High inventory levels and the release of production capacity by leading enterprises are contributing to the oversupply in the pig industry, compounded by weak consumer demand [2][3] - The number of breeding sows is projected to reach a high of 40.8 million by November 2024, indicating sustained supply levels [2] Industry Adjustments - Major pig farming companies are actively reducing production capacity, with a consensus on the need for quality improvement and capacity reduction [5][6] - Companies like Wens Foodstuffs and New Hope are implementing measures to control the number of breeding sows and reduce average slaughter weights [8] Market Sentiment and Future Outlook - Analysts suggest that the market may stabilize by November as excess capacity is gradually absorbed, with potential for price recovery [5][6] - The industry is expected to evolve into a "three-three" structure, balancing large enterprises, specialized farms, and medium-sized family farms to better withstand cyclical fluctuations [9]

Core Insights - The agricultural, forestry, animal husbandry, and fishery industry experienced a decline of 1.22% on September 25, with a net outflow of 688 million yuan in capital [1] Group 1: Industry Performance - The Shanghai Composite Index fell by 0.01%, with the agricultural sector ranking third in terms of decline among various industries [1] - Out of 105 stocks in the agricultural sector, only 8 stocks rose, and 1 stock hit the daily limit, while 97 stocks declined [1] Group 2: Capital Flow - The top three stocks with the highest net capital outflow were Muyuan Foods, Dabeinong Technology, and Haida Group, with net outflows of 188 million yuan, 46.95 million yuan, and 46.52 million yuan, respectively [2][3] - The stocks with the highest net capital inflow included COFCO Sugar, with an inflow of 76.24 million yuan, followed by Xue Rong Biological and Xiantan Co., with inflows of 24.15 million yuan and 7.64 million yuan, respectively [1] Group 3: Individual Stock Performance - Muyuan Foods saw a decline of 2.08% with a turnover rate of 1.08% and a capital outflow of 187.73 million yuan [2] - Dabeinong Technology and Haida Group also experienced declines of 1.21% and 0.29%, with capital outflows of 46.95 million yuan and 46.52 million yuan, respectively [2]