公司及董事会全体成员保证信息披露的内容真实、准确和完整， 没有虚假记载、误导性陈述或者重大遗漏。 一、变更募集资金投资项目的概述 关于变更部分募集资金用途的公告 证券代码：002458 证券简称：益生股份 公告编号：2024-030 山东益生种畜禽股份有限公司 关于变更部分募集资金用途的公告 山东益生种畜禽股份有限公司（以下简称"公司"或"益生股份"） 于 2024 年 04 月 16 日召开第六届董事会第十七次会议，以 7 票同意、 0 票反对、0 票弃权审议通过了《关于变更部分募集资金用途的议案》， 同意公司将 2022 年度向特定对象发行股票募集资金募投项目中的 "3,600 头能繁原种母猪场和 100 种公猪站项目"变更为"钰农家禽 养殖场项目"及"行唐家禽养殖场项目"。 本次变更部分募集资金用途事项不构成关联交易，亦不构成《上 市公司重大资产重组管理办法》规定的重大资产重组，本议案尚需提 交公司股东大会审议。现将相关情况公告如下： （一）募集资金基本情况 经中国证券监督管理委员会《关于同意山东益生种畜禽股份有限 公司向特定对象发行股票注册的批复》（证监许可〔2023〕1598 号） 同意注册，公司本 ...

Financial Performance - The company's total revenue for Q1 2024 was ¥687,415,520.68, representing a decrease of 24.75% compared to ¥913,509,081.99 in the same period last year[16]. - Net profit attributable to shareholders for Q1 2024 was ¥109,337,521.77, down 65.16% from ¥313,826,804.93 year-on-year[16]. - Basic earnings per share for Q1 2024 were ¥0.1, down 68.75% from ¥0.32 in the same period last year[16]. - Total profit decreased by 66.65% to $109,789,387.78 primarily due to lower prices for main products[26]. - Net profit fell by 66.61% to $109,861,623.52, attributed to lower prices for parent and commercial chicken breeds[26]. - Total comprehensive income for the current period is 109,861,623.52 CNY, compared to 329,022,286.93 CNY in the previous period, a decrease of approximately 66.66%[43]. - The net profit for the current period is 109,861,623.52 CNY, a decrease from 329,022,286.93 CNY in the previous period, representing a decline of approximately 66.66%[42]. Cash Flow and Liquidity - The net cash flow from operating activities decreased by 57.05%, amounting to ¥161,598,386.36 compared to ¥376,239,377.51 in the previous year[16]. - Cash flow from operating activities netted 161,598,386.36 CNY, down from 376,239,377.51 CNY, a decline of about 57.00%[44]. - Cash outflow from operating activities totaled 553,063,944.33 CNY, slightly down from 564,701,262.60 CNY, a decrease of about 2.83%[44]. - The cash and cash equivalents at the end of the period amounted to 783,620,771.63 CNY, down from 382,409,192.88 CNY, indicating a decrease of approximately 105.00%[44]. Assets and Liabilities - Total assets at the end of Q1 2024 were ¥6,561,604,512.37, a slight decrease of 0.20% from ¥6,574,994,691.06 at the end of the previous year[16]. - The company reported a total liability of ¥2,197,960,960.91 as of the end of the first quarter of 2024, an increase from ¥2,036,653,687.12 in the previous period[36]. - The equity attributable to shareholders decreased by 2.75% to ¥4,299,697,048.28 from ¥4,421,287,307.41 at the end of the previous year[16]. - The total equity attributable to shareholders was ¥4,299,697,048.28, down from ¥4,421,287,307.41 year-over-year[36]. Operational Metrics - The company's inventory increased to ¥440,208,321.42, up from ¥415,355,197.48 at the beginning of the period[5]. - Short-term borrowings rose to ¥800,827,471.24, an increase from ¥673,723,922.06 at the beginning of the period[5]. - The total operating costs for the first quarter of 2024 were ¥557,993,851.56, down from ¥578,255,565.73 year-over-year[36]. - Operating profit decreased significantly to 110,480,450.27 CNY from 329,065,059.31 CNY, indicating a drop of approximately 66.48%[42]. Shareholder Information - The number of common shareholders at the end of the reporting period was 52,765[27]. - The largest shareholder, Cao Jisheng, holds 40.82% of the shares, totaling 451,599,044 shares[27]. - The company has a total of 1,106,412,915 shares outstanding, with no changes reported in the share capital[36]. Government and Financial Support - The company reported a government subsidy of ¥863,135.79 during the quarter, contributing positively to the financial results[22]. - Financial expenses dropped by 58.70% to $8,911,407.03 due to reduced loan interest expenses and increased interest income[26]. - The company incurred financial expenses of 8,911,407.03 CNY, a significant decrease from 21,576,137.67 CNY, reflecting a reduction of approximately 58.76%[42]. Research and Development - Research and development expenses increased to 26,386,279.18 CNY from 22,134,558.05 CNY, reflecting a growth of about 19.88%[42]. Market Strategy - The company is focusing on expanding its market presence and developing new products, although specific details were not provided in the report[36]. - The company has not disclosed any new mergers or acquisitions during this reporting period[36]. Audit and Reliability - The report indicates that the first quarter results have not been audited, which may affect the reliability of the figures presented[38].

董事会决议公告 证券代码：002458 证券简称：益生股份 公告编号：2024-027 山东益生种畜禽股份有限公司 第六届董事会第十七次会议 决议公告 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。 一、董事会会议召开情况 2024 年 04 月 16 日，山东益生种畜禽股份有限公司（以下简称 "公司"）第六届董事会第十七次会议在公司会议室以现场与通讯相 结合方式召开。会议通知已于 2024 年 04 月 10 日通过通讯及书面方 式送达给董事、监事、高级管理人员。会议应到董事七人，实际出席 董事七人,其中独立董事赵桂苹女士通过通讯方式出席会议并行使表 决权。会议由董事长曹积生先生主持，公司监事、高级管理人员列席 会议。 会议召开符合《公司法》等法律、法规及《公司章程》的有关规 定。 二、董事会会议审议情况 本次会议经记名投票表决方式，通过决议如下： 1、审议通过《2024 年第一季度报告》。 表决情况：7 票同意，0 票反对，0 票弃权。 董事会决议公告 表决情况：7 票同意，0 票反对，0 票弃权。 公司结合当前国家政策、市场环境及未来战略审慎研究决定，将 ...

国投证券股份有限公司 关于山东益生种畜禽股份有限公司 变更部分募集资金用途的核查意见 国投证券股份有限公司（以下简称"国投证券"或"保荐机构"）作为山东益 生种畜禽股份有限公司（以下简称"益生股份"或"公司"）2022 年度向特定对象 发行 A 股股票（以下简称"本次发行"）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》《上市公司监管指引第 2 号—— 上市公司募集资金管理和使用的监管要求》等有关规定，对益生股份拟变更部 分募集资金投资项目实施内容的事项进行了核查，具体情况如下： 一、变更募集资金投资项目的概述 （一）募集资金基本情况 | 单位：万元 | | --- | | | | | 变更前 | | | 变更后 | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 项目名 | 实施 | 项目总 | 拟投入 | 已投入 | 剩余募 | 项目名 | 实施主 | 项目总 | 拟投入 | | | | | 募集资 | 募集 ...

监事会决议公告 证券代码：002458 证券简称：益生股份 公告编号：2024-028 山东益生种畜禽股份有限公司 第六届监事会第十四次会议 决议公告 本公司及监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。 一、监事会会议召开情况 2024 年 04 月 16 日，山东益生种畜禽股份有限公司（以下简称 "公司"）第六届监事会第十四次会议在公司会议室以现场方式召开。 会议通知已于 2024 年 04 月 10 日通过通讯方式送达给监事。会议应 到监事三人，实到监事三人。会议召开符合《公司法》等法律、法规 及《公司章程》的有关规定。会议由监事会主席任升浩先生主持。 二、监事会会议审议情况 本次会议经投票表决方式，通过决议如下： 1、审议通过《2024 年第一季度报告》。 表决结果：3 票同意，0 票反对，0 票弃权。 经审议，监事会认为：公司董事会编制和审议公司《2024 年第一 季度报告》的程序符合法律、行政法规和中国证监会的规定。《2024 年第一季度报告》真实、准确、完整地反映了公司的实际情况，不存 在任何虚假记载、误导性陈述或者重大遗漏。 《2024 年第一季度报告 ...

销售情况简报 证券代码：002458 证券简称：益生股份 公告编号：2024-026 山东益生种畜禽股份有限公司 2024 年 03 月份鸡苗和种猪销售情况简报 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。 一、2024年03月份销售情况 1、鸡苗销售情况 山东益生种畜禽股份有限公司（以下简称"公司"）2024 年 03 月白羽肉鸡苗销售数量 4,258.82 万只，销售收入 18,213.07 万元， 同比变动分别为-15.61%、-47.37%，环比变动分别为-2.21%、-12.01%。 益生909小型白羽肉鸡苗销售数量788.56万只，销售收入946.54 万元，同比变动分别为17.51%、-28.75%,环比变动分别为4.98%、- 11.00%。 2、种猪销售情况 销售情况简报 司种猪多用于自养，导致公司 2024 年 03 月种猪销售数量和销售收入 环比大幅增加。 三、风险提示 1、上述披露仅包含公司鸡苗和种猪的销售情况，不包含其他业 务。 2、产品价格的大幅波动（下降或上升），可能会对公司的经营业 绩产生重大影响。敬请广大投资者注意投资风险。 ...

股东大会决议公告 1、会议召开时间： 现场会议时间：2024 年 03 月 28 日下午 14：30。 网络投票时间： 证券代码：002458 证券简称：益生股份 公告编号：2024-025 山东益生种畜禽股份有限公司 2023 年度股东大会决议公告 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： 1、本次股东大会未出现否决提案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况： （一）会议召开情况 本次股东大会的召集、召开程序符合《公司法》等有关法律、法规的要求和《公司 章程》的规定。 （二）会议出席情况： （1）通过深圳证券交易所交易系统进行网络投票的时间为：2024 年 03 月 28 日上 午 09:15—09:25、09:30-11:30，下午 13:00-15:00； （2）通过深圳证券交易所互联网投票系统进行网络投票的时间为：2024 年 03 月 28 日上午 09:15-下午 15:00 期间的任意时间。 2、现场会议召开地点：山东省烟台市福山区益生路 1 号，山东益生种畜禽股份有 限公司会议室 ...

北京金诚同达律师事务所 关于 山东益生种畜禽股份有限公司 2023 年度股东大会的 法律意见书 金证法意[2024]字 0328 第 0147 号 中国北京市建国门外大街1号国贸大厦A座十层 100004 电话：010-5706 8585 传真：010-8515 0267 北京金诚同达律师事务所 法律意见书 北京金诚同达律师事务所 关于山东益生种畜禽股份有限公司 2023 年度股东大会的 法律意见书 金证法意[2024]字 0328 第 0147 号 致：山东益生种畜禽股份有限公司 受山东益生种畜禽股份有限公司（以下简称"益生股份"或"公司"）聘请 和北京金诚同达律师事务所（以下简称"本所"）委派，本所律师出席益生股份 2023 年度股东大会并对会议的相关事项出具法律意见书。 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共 和国公司法》（以下简称"《公司法》"）、《上市公司股东大会规则》（以下简称 "《股东大会规则》"）、《律师事务所从事证券法律业务管理办法》《律师事务 所证券法律业务执业规则》等法律、法规和规范性文件的要求以及《山东益生种 畜禽股份有限公司章程》（以下简称"《公司章程》 ...

Group 1: Market Trends and Supply Dynamics - The price of broiler chicks is currently at 4.5 RMB per chick, driven by strong demand and tight supply conditions [2] - Since May 2022, the import volume of breeding chickens has significantly decreased due to avian influenza and flight restrictions, impacting the supply of parent breeding chickens [3] - The reduction in parent breeding chicken imports is expected to affect the production of commercial broiler chicks in 2024 and beyond [3] Group 2: Demand Factors - Changing consumer perceptions favor chicken meat due to its nutritional profile, which aligns with healthy eating trends, indicating potential growth in the domestic chicken market [3] - The cost-effectiveness of broiler chickens compared to pork, beef, and lamb positions chicken as a preferred protein source, likely leading to increased consumption [3] - The rise of the takeaway industry and pre-prepared meals, driven by faster lifestyles, is expected to further boost chicken consumption and demand for commercial broiler chicks [3] Group 3: Financial Performance and Projections - The company anticipates a favorable price outlook for broiler chicks in 2024 due to tight supply and increasing demand [3] - The company’s revenue has increased by nearly 50%, attributed to rising chick prices and improved production efficiency, while operating costs have remained stable [6] - The company plans to focus on the breeding sector, leveraging its core competency in high-quality poultry breeding to drive future growth [5] Group 4: Strategic Initiatives and Market Position - The company is expanding its breeding capacity for pigs, with expectations that this will contribute to a dual-driven business model alongside chicken production [5] - The company has successfully increased its market share in the breeding sector through acquisitions and self-built facilities [5] - The introduction of domestically developed broiler breeds is seen as beneficial for the industry, enhancing competition and consumer choice [6]

Investment Rating - The report maintains a "Buy" rating for Yisheng Co., Ltd. (益生股份) [12][16]. Core Views - The company has shown strong growth in its main business, with a significant increase in both sales volume and price of broiler chicks. In 2023, the company sold 645 million broiler chicks, a year-on-year increase of 12.3%, with an average selling price of 4.1 RMB per chick, up 48% year-on-year [2]. - The increase in average price is attributed to the inclusion of higher-priced parent stock chicks in sales, with the average price of parent stock chicks reaching 54.5 RMB per set, a 93.3% increase year-on-year. The average price of commercial broiler chicks was 3 RMB per chick, up 30.9% year-on-year [2]. - The company reported a total revenue of 3.225 billion RMB in 2023, a year-on-year increase of 52.71%, and a net profit attributable to shareholders of 541 million RMB, a year-on-year increase of 247.34% [12]. - The company expects a decline in chick prices in the second half of 2024, leading to a projected net profit of 1.055 billion RMB in 2024, representing a year-on-year increase of 95.1% [12]. Financial Summary - In 2023, the company achieved a revenue of 3.225 billion RMB, with a growth rate of 52.71% compared to 2022. The net profit attributable to shareholders was 541 million RMB, with a growth rate of 247.34% [12][14]. - The projected financials for 2024 to 2026 include revenues of 3.911 billion RMB, 4.097 billion RMB, and 4.290 billion RMB, with corresponding net profits of 1.055 billion RMB, 548 million RMB, and 632 million RMB [14]. - The earnings per share (EPS) for 2023 was 0.49 RMB, with projections of 0.95 RMB for 2024 and 0.50 RMB for 2025 [14].