Core Viewpoint - The announcement details the share pledge situation of the controlling shareholder, Mr. Cao Jisheng, indicating that the pledged shares do not pose a risk of forced transfer or impact the company's control [1][2]. Group 1: Share Pledge Details - Mr. Cao Jisheng has pledged 12,400,000 shares, which accounts for 2.75% of his total holdings and 1.12% of the company's total share capital [1]. - As of the announcement date, the total number of pledged shares by the controlling shareholder and his concerted actors is 451,599,044, representing 40.82% of their holdings [2]. - The company has noted that the pledged shares are within a controllable risk range and will not affect the company's operational management or governance [2]. Group 2: Financial Stability and Risk Management - Mr. Cao Jisheng possesses sufficient financial capability to repay the pledged shares, and there are no immediate risks of margin calls or forced transfers [2]. - The company will monitor the pledge situation and any associated risks, ensuring timely disclosure of relevant information to investors [2].

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内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 关于控股股东部分股份质押的公告 证券代码：002458 证券简称：益生股份 公告编号：2025-076 山东益生种畜禽股份有限公司 关于控股股东部分股份质押的公告 | | | | | | | | 已质押股份 | | 未质押股份 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | | 情况 | | 情况 | | | 股东 名称 | 持股数量 （股） | 持股 比例 | 本次质押前 质押股份 数量 | 本次质押后 质押股份 数量 | 占其所 持股份 比例 | 占公司 总股本 比例 | 已质 押股 份限 | 占已 质押 | 未质押股份 限售和冻结 | 占未质 押股份 | | | | | | | | | 售和 冻结 | 股份 比例 | 数量 | 比例 | | | | | | | | | 数量 | | | | | 曹积生 | 451,599,044 | 40.82% | 20 ...

Group 1 - The poultry concept sector rose by 2.87%, ranking second in terms of increase among concept sectors, with 20 stocks rising, including Xiaoming Co., Tianma Technology, and Jingji Zhino, which increased by 10.34%, 8.15%, and 6.16% respectively [1][2] - The leading stocks in terms of net inflow of main funds include Xiaoming Co. with a net inflow of 71.28 million yuan, followed by Huadong Co., Tianma Technology, and Tiankang Biological with net inflows of 49.64 million yuan, 47.57 million yuan, and 35.89 million yuan respectively [1][2] - The main fund inflow rates for leading stocks are Huadong Co. at 12.51%, Guanghong Holdings at 11.56%, and Xiaoming Co. at 9.64% [2][3] Group 2 - The overall market performance shows that the poultry sector is gaining traction, with significant interest from main funds, indicating a positive sentiment towards the industry [1][2] - Stocks such as Jinlongyu, Yike Foods, and Shuanghui Development experienced declines of 0.84%, 0.25%, and 0.24% respectively, highlighting some volatility within the sector [1][3] - The trading volume and turnover rates for leading stocks in the poultry sector suggest active trading, with Xiaoming Co. having a turnover rate of 24.77% [2][3]

Group 1 - A-shares main indices continue to strengthen, with the Shenzhen Component Index rising nearly 0.5%, and both the ChiNext Index and Shanghai Composite Index turning positive after previously dropping over 1% [1] - Sectors such as gaming, Huawei Ascend, and aquaculture saw significant gains, with nearly 3,100 stocks in the Shanghai and Shenzhen markets rising [1] Group 2 - Notable stock performances include: - Aonong Biological (603363) up 10.08% with a market cap of 10.8 billion and a year-to-date increase of 17.23% - Muyuan Foods (002714) up 8.12% with a market cap of 303.5 billion and a year-to-date increase of 46.46% - Lihua Agricultural (300761) up 4.58% with a market cap of 1.74 billion and a year-to-date increase of 9.59% - Tiankang Biological (002100) up 4.53% with a market cap of 944.8 million and a year-to-date increase of 9.32% [2]

Investment Rating - Industry rating: Outperform the market (maintained rating) [9] Core Insights - The pet industry is experiencing significant growth, with the Asia Pet Expo showcasing over 2,600 exhibitors and 20,000 brands, indicating a thriving market driven by globalization and innovation [2][13] - China's pet food exports have shown continuous growth, with 201,000 tons exported from January to July 2025, reflecting a year-on-year increase of 6.64% [14] - The pig farming sector is facing challenges, with the average pig price at 13.82 yuan/kg, a decrease of 3.63% from the previous week, and the average weight of pigs reaching a historical high [15][16] - The dairy sector is poised for a recovery, with the original milk price expected to rebound as production capacity decreases after a prolonged period of losses [17][18] - The poultry sector is focusing on breeding gaps, with a significant decline in the import of breeding chickens due to avian influenza concerns, which may impact future supply [19][20] - The planting sector emphasizes food security and the importance of biotechnology, with a focus on high-yield and resilient crop varieties [25] - The feed sector is recommended for investment, particularly in companies like Haida Group, which is expected to benefit from market recovery and increased market share [26] Summary by Sections Pet Sector - The Asia Pet Expo has reached a record scale of 310,000 square meters, highlighting the industry's vitality and innovation potential [2][13] - Pet food exports from China have increased, with a total of 201,000 tons exported in the first seven months of 2025, showing a year-on-year growth of 6.64% [14] - Recommended companies include pet food brands like Guibao Pet, Zhongchong Co., and Petty Co. [14] Pig Sector - The average pig price is currently at 13.82 yuan/kg, with a year-to-date low in profitability for pig farming [15][16] - The average weight of pigs is at a historical high, indicating supply pressures [15] - Recommended companies include leading pig farming firms such as Wens Foodstuffs Group and Muyuan Foods [16] Dairy Sector - Yuran Dairy reported stable performance with a revenue of 10.3 billion yuan, showing a year-on-year growth of 2.3% [17] - The dairy industry is expected to see a recovery as production capacity decreases [18] - Recommended companies include Yuran Dairy and China Shengmu Organic Milk [18] Poultry Sector - The poultry sector is facing challenges with breeding imports, particularly for white chickens, due to avian influenza [19][20] - Recommended companies include Shennong Development and Yisheng Livestock [20] Planting Sector - The focus is on food security and biotechnology, with an emphasis on high-yield and resilient crop varieties [25] - Recommended companies include Longping High-Tech and Dabeinong Technology Group [25] Feed Sector - Haida Group is highlighted as a key investment opportunity due to its increasing market share and performance [26] - The animal health sector is also recommended, particularly companies like Kexin Biological [27]

Core Viewpoint - A significant increase in mid-term cash dividends has been observed among listed companies, with over 290 companies announcing plans to distribute more than 1640 billion yuan in total [2][5]. Group 1: Mid-term Dividend Announcements - Companies such as Juchip Technology, Zhonggang Tianyuan, and Taihe Co. have announced their first mid-term dividend plans, with cash dividends of approximately 17.42 million yuan, 45.23 million yuan, and 90 million yuan respectively [3][4]. - China CRRC plans to distribute a cash dividend of 3.157 billion yuan, with a cash dividend ratio of 43.57% [3][4]. - Changan Automobile and Hengli Petrochemical also announced their first mid-term dividends, with cash dividends of 496 million yuan and 563 million yuan respectively [4]. Group 2: Overall Dividend Statistics - As of August 24, 2024, 294 companies have disclosed mid-term dividend plans, with a total planned distribution of 1647.07 billion yuan [5][6]. - Three companies are set to distribute over 10 billion yuan, with China Mobile leading at over 54 billion yuan and a cash dividend ratio exceeding 64% [5][6]. - The average cash dividend ratio for disclosed mid-term dividends is approximately 80.87%, a significant increase from 36.14% in 2024 [6]. Group 3: High Dividend Ratios - Sixteen companies have reported cash dividend ratios exceeding 100%, while the average for the remaining companies is around 38% [6][7]. - Shuoshi Biotechnology has the highest cash dividend ratio, proposing a cash dividend of 285 million yuan, which is 71.42 times its net profit for the period [6]. - Other companies, such as Yisheng Shares, have also reported high dividend ratios, with Yisheng proposing a cash dividend of 163 million yuan against a profit of 615.51 million yuan [6]. Group 4: Companies with Losses Still Distributing Dividends - Some companies, including Delin Hai, Haoyun Technology, and Lanshield Optoelectronics, are planning to distribute mid-term dividends despite reporting net losses [8].

Group 1 - The latest stock price of Yisheng Co. is 9.06 yuan, with an increase of 0.02 yuan compared to the previous trading day. The intraday high reached 9.13 yuan, while the low was 9.01 yuan, with a total transaction volume of 1.22 billion yuan [1] - Yisheng Co. specializes in the breeding and sales of breeding chickens and pigs, with main products including parent generation meat chickens and commercial meat chicken seedlings. On August 21, the company announced that its "Yisheng 817" meat chicken breeding system, developed in collaboration with the Shandong Academy of Agricultural Sciences Poultry Research Institute, has been approved by the National Livestock and Poultry Genetic Resources Committee and will receive a new variety breeding system certificate [1] Group 2 - In terms of capital flow, the main funds experienced a net outflow of 4.2955 million yuan on that day, with a cumulative net outflow of 37.818 million yuan over the past five trading days [2]

Buyback and Shareholder Actions - Sinopec plans to repurchase A-shares with a total fund of no less than RMB 5 billion and no more than RMB 10 billion, potentially reducing its registered capital [1] - Hengbang Mining intends to reduce its stake in the Hong Kong-listed company, WanGuo Gold, by up to 40 million shares, representing approximately 3.69% of WanGuo's total share capital [5] Product Approvals and Market Launches - Wantai Biological's nine-valent HPV vaccine has received the batch release certificate, marking its official market launch and enhancing the company's product lineup [1] - Changchun High-tech's subsidiary has received acceptance for the clinical trial application of GenSci143, a dual-specific antibody drug, which may provide new treatment options for certain tumors [7] Financial Performance - Hongxin Electronics reported a 15.01% increase in revenue to RMB 3.494 billion and a 9.85% rise in net profit to RMB 53.99 million for the first half of 2025 [2] - Sanwei Xinan experienced a net loss of RMB 29.39 million in the first half of 2025, despite a 15.19% increase in revenue to RMB 195 million [3] Corporate Developments - TianTan Bio received a commitment from its controlling shareholder to resolve new competition issues arising from a recent acquisition [4] - Feilu Co. announced a potential change in control, leading to a temporary suspension of its stock trading [8] Investment and Expansion - Jinbei Electric's subsidiary has signed a purchase agreement for a factory in Europe, marking significant progress in establishing its European production base [1] - Shengshi Technology plans to establish a wholly-owned subsidiary to integrate AI and humanoid robot technology with innovative toy products, investing RMB 10 million [6]

Core Viewpoint - Yisheng Co., Ltd. has successfully developed a new breed of broiler chicken, "Yisheng 817," which has been approved by the National Animal Genetic Resources Committee, indicating a significant advancement in poultry breeding technology [1] Group 1: Company Developments - Yisheng Co., Ltd. collaborated with the Shandong Academy of Agricultural Sciences Poultry Research Institute to achieve breakthroughs in breeding [1] - The "Yisheng 817" broiler chicken breed is characterized by low breeding costs, thorough purification of vertically transmitted diseases, high-quality meat products, and high survival rates [1] - This new breed follows the previously developed "Yisheng 909" small white feather broiler chicken breed, showcasing the company's ongoing commitment to innovation in poultry genetics [1]

关于"益生 817"获得畜禽新品种配套系认定的公告 具体内容详见中华人民共和国农业农村部官网于近日发布的《中 华人民共和国农业农村部公告》（第 934 号）。 "益生 817" 肉鸡新品种具有制种成本低、垂直传播性疾病净 化彻底、商品代肉品质好、存活率高等性能优势，是继"益生 909" 小型白羽肉鸡配套系后，公司培育的又一小型白羽肉鸡新品种（配套 系）。"益生 817"主要适用于生产中小规格产品，"益生 909"则主要 适用于生产中大规格产品，两大品种形成差异化市场布局，可满足养 殖企业对不同小型白羽肉鸡品种的需求。 特此公告。 山东益生种畜禽股份有限公司 2025 年 8 月 22 日 山东益生种畜禽股份有限公司 关于"益生817"获得畜禽新品种配套系认定的 公告 本公司及董事会全体成员保证信息披露内容真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 为响应国家种业振兴战略，落实农业农村部《全国畜禽遗传改良 计划（2021—2035 年）》的部署，山东益生种畜禽股份有限公司（以 下简称"公司"）联合山东省农业科学院家禽研究所开展育种攻关， 成功培育的 "益生 817"肉鸡配套系已经国家畜禽遗传资源委 ...