Group 1 - The company, Yisheng Co., Ltd. (002458.SZ), announced a share buyback program, having repurchased a total of 13,381,600 shares, which represents 1.21% of its total share capital [1] - The highest transaction price during the buyback was 10.94 CNY per share, while the lowest was 8.04 CNY per share [1] - The total amount spent on the share buyback reached 120 million CNY, excluding transaction fees [1]

Core Viewpoint - Shandong Yisheng Livestock and Poultry Breeding Co., Ltd. announced an adjustment to the maximum repurchase price of its shares due to the implementation of the 2025 semi-annual equity distribution, lowering it from 11.80 CNY per share to 11.65 CNY per share, effective from September 10, 2025 [1][4]. Summary by Sections Share Repurchase Overview - On November 1, 2024, the company's board approved a share repurchase plan using bank loans and self-owned funds, with a total repurchase amount set between 100 million CNY and 200 million CNY. The initial maximum repurchase price was set at 12.00 CNY per share, estimating a repurchase of approximately 833.33 million shares (0.75% of total shares) at the lower limit and 1,666.66 million shares (1.50% of total shares) at the upper limit [2]. 2025 Semi-Annual Equity Distribution Details - On August 18, 2025, the company approved a profit distribution plan, distributing a cash dividend of 1.50 CNY per 10 shares (including tax) to shareholders, totaling approximately 162.71 million CNY. The record date for this distribution is September 9, 2025, and the ex-dividend date is September 10, 2025 [3]. Calculation of Adjusted Repurchase Price - The adjusted maximum repurchase price is calculated by subtracting the per-share cash dividend from the previous maximum repurchase price, resulting in an adjusted price of approximately 11.65 CNY per share. Based on this adjustment, the estimated repurchase quantity is approximately 858.37 million shares (0.78% of total shares) at the lower limit and 1,716.74 million shares (1.55% of total shares) at the upper limit [4].

权益分派实施公告 证券代码：002458 证券简称：益生股份 公告编号：2025-079 山东益生种畜禽股份有限公司 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。 特别提示： 半年度权益分派方案为：以实施权益分派股权登记日的公司总股本 股为基数，向全体股东每 10 股派发现金红利人民币 1.50 元（含税） ， 共派发人民币 162,709,697.25 元，不送股且不进行资本公积金转增 股本。 一、股东会审议通过权益分派方案情况 审议通过了《2025 年半年度利润分配预案》。公司 2025 年半年度权 益分派方案为：以实施权益分派股权登记日的公司总股本扣除公司回 权益分派实施公告 购专用证券账户中的回购股份为基数，向全体股东以每 10 股派发现 金红利人民币 1.50 元(含税)，本次利润分配不送股且不进行资本公 积金转增股本。本次利润分配预案公告后至实施前，因股权激励行权、 可转债转股、股份回购等原因导致公司股本总额发生变动情形时，公 司将按照分配比例不变的原则对分配总额进行调整。具体内容详见 报》 《证券日报》和巨潮资讯网（www.cninfo.com. ...

Group 1 - The company announced an adjustment to the maximum repurchase price of its shares following the implementation of the 2025 semi-annual profit distribution [2][5] - The total amount for the share repurchase is set between RMB 100 million and RMB 200 million, with a maximum repurchase price adjusted from RMB 12.00 per share to RMB 11.80 per share [2][6] - After the semi-annual profit distribution, the maximum repurchase price is further adjusted to RMB 11.65 per share, effective from September 10, 2025 [5][6] Group 2 - The company plans to repurchase approximately 833.33 million shares, representing 0.75% of the total share capital, based on the lower limit of the repurchase fund and the upper limit of the repurchase price [2] - The semi-annual profit distribution involves a cash dividend of RMB 1.50 per 10 shares, totaling RMB 162,709,697.25, with the ex-dividend date set for September 9, 2025 [2][3] - The adjusted maximum repurchase price calculation considers the cash dividend per share, which is approximately RMB 0.1470605 [3][5]

Core Viewpoint - The company, Yisheng Co., Ltd. (002458.SZ), has announced a share buyback program, indicating a commitment to returning value to shareholders through the repurchase of its own shares [1] Summary by Relevant Sections - **Share Buyback Details** - As of August 31, 2025, the company has repurchased a total of 13.38 million shares, which represents 1.21% of the company's total share capital [1] - The total amount spent on the share buyback is 120 million yuan, excluding transaction fees [1]

智通财经APP讯，益生股份(002458.SZ)公告，截至2025年8月31日，公司通过股份回购专用证券账户以 集中竞价方式累计回购股份数量为1338.16万股，占公司总股本的比例为1.21%，累计成交总金额为1.2 亿元(不含交易费用)。 ...

关于调整回购股份价格上限的公告 证券代码：002458 证券简称：益生股份 公告编号：2025-080 山东益生种畜禽股份有限公司 关于2025 年半年度权益分派实施后调整回购 股份价格上限的公告 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。 2、调整后回购股份价格上限：不超过人民币 11.65 元/股（含）。 重要内容提示： 1、调整前回购股份价格上限：不超过人民币 11.80 元/股（含）。 3、回购股份价格上限调整生效日期：2025 年 9 月 10 日（2025 年半年度权益分派的除权除息日）。 一、回购股份基本情况 山东益生种畜禽股份有限公司（以下简称"公司"） 于 2024 年 11 月 1 日召开第六届董事会第二十三次会议，审议通过了《关于以 集中竞价交易方式回购公司股份方案的议案》。公司拟使用银行专项 贷款资金及自有资金以集中竞价交易方式回购公司部分人民币普通 股（A 股）股票，用于后期实施员工持股计划。本次回购股份的资金 总额为不低于人民币 10,000 万元（含），不超过人民币 20,000 万元 （含），回购股份的价格不超过人民币 12. ...

关于回购股份进展情况的公告 证券代码：002458 证券简称：益生股份 公告编号：2025-081 山东益生种畜禽股份有限公司 关于回购股份进展情况的公告 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。 山东益生种畜禽股份有限公司（以下简称"公司"）于 2024 年 11 月 1 日召开第六届董事会第二十三次会议，审议通过了《关于以 集中竞价交易方式回购公司股份方案的议案》，同意公司使用银行专 项贷款资金及自有资金以集中竞价交易方式回购公司部分已发行的 人民币普通股（A 股），本次回购股份将用于实施员工持股计划，回 购股份的资金总额不低于人民币 10,000 万元（含），不超过人民币 20,000 万元（含），回购股份的价格不超过人民币 12.00 元/股（含）， 具体回购股份的数量以回购期限届满或回购完毕时实际回购的股份 数量为准，实施期限为董事会审议通过回购股份方案之日起 12 个月 内。具体内容详见 2024 年 11 月 5 日公司刊登于《中国证券报》《上 海证券报》《证券时报》《证券日报》和巨潮资讯网（www.cninfo.com.cn） 的《关于以集 ...

权益分派实施公告 证券代码：002458 证券简称：益生股份 公告编号：2025-079 山东益生种畜禽股份有限公司 2025 年半年度权益分派实施公告 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。 特别提示： 1、山东益生种畜禽股份有限公司（以下简称"公司"）2025 年 半年度权益分派方案为：以实施权益分派股权登记日的公司总股本 1,106,412,915股扣除已回购股份21,681,600股后的1,084,731,315 股为基数，向全体股东每 10 股派发现金红利人民币 1.50 元（含税）， 共派发人民币 162,709,697.25 元，不送股且不进行资本公积金转增 股本。 2、根据《公司法》《上市公司股份回购规则》的有关规定，公司 通过回购专用证券账户持有的本公司股份不享有参与本次利润分配 的权利，本次权益分派实施后，计算除权除息价格时，按股权登记日 的公司总股本折算每 10 股现金分红金额=实际现金分红总额÷股权 登记日的总股 本×10=162,709,697.25 元÷1,106,412,915 股× 10=1.470605 元，即每 10 ...

Investment Rating - The investment rating for the agriculture, forestry, animal husbandry, and fishery industry is "Positive" (maintained) [3] Core Viewpoints - The swine industry is experiencing high-quality development with significant policy transformations aimed at protecting farmers' rights and stimulating enterprise innovation. Future growth stocks will likely focus on technological content and innovative models that balance farmer interests [4][12] - The overall profitability of listed pig companies has significantly increased due to a stable pig price year-on-year and a substantial decrease in costs. Although pig prices may face pressure in the second half of the year, the trend of improving efficiency suggests that profitability will remain strong [4][12] - The poultry sector is facing a persistent contradiction of "high capacity, weak consumption," leading to losses that force breeding farms to reduce capacity. Integrated enterprises and contract farming are expected to gain market share [5][13] - The feed sector is recommended to focus on Hai Da Group, which is expected to see growth due to improved management and increased capacity utilization [6][14] - The pet industry is witnessing a concentration of market share among leading brands, with potential growth opportunities for mid-tier brands. The impact of tariffs on exports is expected to diminish over time [7][16] - The agricultural sector is closely monitoring the effects of US-China trade negotiations, with expectations of tightening soybean supply and potential price increases for soybean meal [8][17] Summary by Sections 1. Swine - Latest pig price is 13.70 CNY/kg (down 0.01 CNY/kg month-on-month), with an average slaughter weight of 127.83 kg (down 0.15 kg month-on-month) and a price of 445 CNY for 15 kg piglets (down 18 CNY month-on-month). Short-term price declines may be due to policy-driven weight reductions [3][12] - The industry is undergoing profound policy transformations, focusing on protecting farmers' rights and stimulating innovation. Companies with cost advantages and strong connections with farmers are expected to enjoy excess profits and valuation premiums [4][12][13] 2. Poultry - As of September 1, the price of chicken seedlings in Yantai is 3.45 CNY/piece (down 5.5% month-on-month) and the price of broiler chickens is 3.55 CNY/kg (down 1.39% month-on-month) [5][13] - The white feather chicken industry is facing ongoing challenges of high capacity and weak consumption, leading to a reduction in breeding capacity among chicken farms [5][13] 3. Feed - The feed sector is recommended to focus on Hai Da Group, which is expected to benefit from industry recovery and improved management effects [6][14] 4. Pets - The pet industry is characterized by a stable four-brand dominance, with increasing concentration expected. The impact of tariffs on exports is anticipated to lessen, and leading companies are expected to maintain high growth rates [7][16] 5. Agricultural Products - The agricultural sector is closely watching the impact of US-China trade negotiations, with expectations of tightening soybean supply and potential price increases for soybean meal [8][17] 6. Market and Price Situation - The Shanghai and Shenzhen 300 Index closed at 4497, up 2.71% from the previous week, while the agriculture, forestry, animal husbandry, and fishery index closed at 3001, up 2.02% [18][21]