Market Overview - The feed sector increased by 1.16% on October 27, with Jin Xin Nong leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Individual Stock Performance - Jin Xin Nong (002548) closed at 4.80, up 5.49% with a trading volume of 369,000 shares and a turnover of 173 million yuan [1] - Tian Kang Biological (002100) closed at 7.89, up 5.34% with a trading volume of 506,600 shares [1] - Tian Ma Technology (603668) closed at 14.06, up 4.15% with a trading volume of 218,000 shares and a turnover of 302 million yuan [1] - Ao Nong Biological (603363) closed at 5.16, up 4.03% with a trading volume of 1,878,500 shares and a turnover of 451 million yuan [1] - Other notable stocks include Bangtai Technology (603151) at 26.26, up 1.70%, and Hai Da Group (002311) at 58.18, up 0.97% [1] Capital Flow Analysis - The feed sector saw a net inflow of 132 million yuan from institutional investors, while retail investors experienced a net outflow of 148 million yuan [2] - The main capital inflow and outflow for key stocks are as follows: - Ao Nong Biological: Net outflow of 40.5 million yuan from main capital [3] - Tian Ma Technology: Net inflow of 34.8 million yuan from main capital [3] - Tian Kang Biological: Net inflow of 32.8 million yuan from main capital [3] - Hai Da Group: Net inflow of 30.4 million yuan from main capital [3]

Group 1 - The core point of the news is the performance of Jin Xin Nong, which saw a stock price increase of 5.27% to 4.79 CNY per share, with a trading volume of 142 million CNY and a turnover rate of 3.77%, resulting in a total market capitalization of 3.967 billion CNY [1] - Jin Xin Nong, established on November 6, 1999, and listed on February 18, 2011, is primarily engaged in the research, production, and sales of pig feed products, as well as information technology services [1] - The revenue composition of Jin Xin Nong includes: pig compound feed 49.43%, live pigs 32.10%, other feed 9.29%, pig concentrated feed 5.43%, pig premix feed 2.82%, others 0.58%, and feed raw materials 0.35% [1] Group 2 - From the perspective of major circulating shareholders, Guotai Fund's Guotai Zhongzheng Livestock Breeding ETF (159865) increased its holdings by 307,900 shares in the second quarter, holding a total of 8.0051 million shares, which accounts for 1% of the circulating shares [2] - The Guotai Zhongzheng Livestock Breeding ETF (159865) was established on March 1, 2021, with a latest scale of 3.574 billion CNY, and has achieved a return of 12.45% this year, ranking 3443 out of 4219 in its category [2] - The fund manager of Guotai Zhongzheng Livestock Breeding ETF is Liang Xing, who has a tenure of 9 years and 144 days, with the fund's total asset scale at 24.955 billion CNY, achieving a best return of 1112.34% and a worst return of -53.81% during the tenure [3]

Group 1 - The core transaction of Jin Xin Nong on October 24 involved a volume of 763,000 shares and a transaction amount of 3.4717 million yuan, with a transaction price of 4.55 yuan per share [2][3] - The buyer was Huabao Securities Co., Ltd. Hefei Qianshan Road Securities Business Department, while the seller was Founder Securities Co., Ltd. Shanghai Yanggao South Road Securities Business Department [2][3] - The closing price of Jin Xin Nong on the same day was 4.55 yuan, reflecting a decrease of 1.73%, with a turnover rate of 2.49% and a total transaction amount of 91.971 million yuan [2] Group 2 - The net outflow of main funds for Jin Xin Nong was 11.4221 million yuan, with a cumulative decline of 3.81% over the past five days and a total net outflow of 67.1537 million yuan [2] - The latest margin financing balance for the stock was 209 million yuan, with an increase of 2.495 million yuan over the past five days, representing a growth rate of 1.21% [3]

Group 1 - The stock of Jin Xin Nong experienced a decline of 1.73%, closing at 4.55 yuan on October 24 [1] - A significant block trade occurred, with a total transaction volume of 763,000 shares and a transaction amount of 3.4717 million yuan [1] - The first transaction price was 4.55 yuan, with a premium rate of 0.00%, involving Huabao Securities as the buyer and Founder Securities as the seller [1] Group 2 - Over the past three months, there has been only one block trade for this stock, totaling 3.4717 million yuan [1] - In the last five trading days, the stock has seen a cumulative decline of 3.81%, with a net outflow of 75.9923 million yuan in principal funds [1]

Core Insights - On October 24, Jin Xin Nong executed a block trade of 763,000 shares, with a transaction value of 3.4717 million yuan, accounting for 3.64% of the total trading volume for the day, with a transaction price of 4.55 yuan, which remained stable compared to the market closing price of 4.55 yuan [1][2] Summary by Categories Trading Activity - The block trade involved 763,000 shares of Jin Xin Nong, with a total transaction amount of 3.4717 million yuan [1][2] - The transaction price was 4.55 yuan per share, which was consistent with the market closing price [1] Market Impact - The block trade represented 3.64% of the total trading volume on that day, indicating a significant but not dominant presence in the market [1]

Core Insights - The feed sector experienced a slight decline of 0.17% on October 24, with Tianma Technology leading the losses [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Feed Sector Performance - Zhongchong Co., Ltd. (002891) saw a closing price of 54.36, with an increase of 3.74% and a trading volume of 96,700 shares, amounting to a transaction value of 526 million yuan [1] - Other notable performers included Boen Group (001366) with a closing price of 13.03, up 0.77%, and Petty Co., Ltd. (300673) at 17.42, up 0.40% [1] - Tianma Technology (603668) led the declines with a closing price of 13.50, down 4.66%, and a trading volume of 222,500 shares, resulting in a transaction value of 309 million yuan [2] Capital Flow Analysis - The feed sector experienced a net outflow of 154 million yuan from institutional investors, while retail investors saw a net inflow of 97.74 million yuan [2] - The capital flow for individual stocks showed that Zhongchong Co., Ltd. had a net inflow of 12.28 million yuan from institutional investors, while it faced a net outflow of 36.39 million yuan from retail investors [3] - Other stocks like He Feng Co., Ltd. (60360a) and Boen Group (001366) also showed mixed capital flows, with varying degrees of net inflows and outflows from different investor categories [3]

Core Viewpoint - Jin Xin Nong's stock price decreased by 0.64% on October 23, with a trading volume of 112 million yuan, indicating a potential decline in investor confidence [1] Financing and Margin Trading - On October 23, Jin Xin Nong had a financing buy-in amount of 8.01 million yuan and a financing repayment of 8.79 million yuan, resulting in a net financing outflow of 776,500 yuan [1] - As of October 23, the total balance of margin trading for Jin Xin Nong was 209 million yuan, which accounts for 5.61% of its circulating market value, indicating a high level compared to the past year [1] - The company had no short selling activity on October 23, with a short selling balance of 0 shares, reflecting a low level of short interest [1] Company Overview - Jin Xin Nong Technology Co., Ltd. is located in Guangming District, Shenzhen, Guangdong Province, and was established on November 6, 1999, with its stock listed on February 18, 2011 [1] - The company's main business involves the research, production, and sales of pig feed products, with revenue composition as follows: pig compound feed 49.43%, live pigs 32.10%, other feed 9.29%, pig concentrated feed 5.43%, pig premix feed 2.82%, others 0.58%, and feed raw materials 0.35% [1] Shareholder Information - As of September 30, the number of Jin Xin Nong shareholders was 43,400, a decrease of 13.57% from the previous period, while the average circulating shares per person increased by 15.70% to 18,530 shares [2] - For the first half of 2025, Jin Xin Nong reported a revenue of 2.376 billion yuan, a year-on-year increase of 10.38%, but a net profit attributable to shareholders of -23.51 million yuan, reflecting a 43.74% increase in losses compared to the previous year [2] - Since its A-share listing, Jin Xin Nong has distributed a total of 368 million yuan in dividends, with no dividends paid in the last three years [2] Institutional Holdings - As of June 30, 2025, the second-largest circulating shareholder of Jin Xin Nong was the Guotai Zhenzhong Livestock Breeding ETF, holding 8.0051 million shares, an increase of 307,900 shares from the previous period [2] - CITIC Prudential Multi-Strategy Mixed Fund (LOF) A has exited the list of the top ten circulating shareholders [2]

证券代码：002548 证券简称：金新农 公告编号：2025-073 深圳市金新农科技股份有限公司 关于公司及控股子公司担保进展的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 注：1、担保一的主合同为《保理业务合作协议》及其附属文件，授信期间为 2025-09-26 至 2028-09-26； 2、担保二的主合同为《最高额融资合同》及其具体业务合同，授信额度有效期为 2025-09-30 至 2026-09-30，借款实际起止日期以具体业务合同及其放款借据（或用信资料） 为准； 3、担保三主合同为《销售合同》及其相应配套或附属文件； 4、担保四的主合同为《综合授信协议》，授信额度有效期为 2025-10-24 至 2026-10-23， 借款实际起止日期以具体业务合同及其放款借据（或用信资料）为准； 一、担保审议情况概述 深圳市金新农科技股份有限公司（以下简称公司）于 2024 年 12 月 25 日召 开的 2024 年第三次临时股东大会审议通过《关于 2025 年度公司及子公司担保额 度预计的议案》，2025 年度公司为全资或控股的下属公司向业务相 ...

Core Viewpoint - Jin Xin Nong's stock price has shown volatility, with a year-to-date increase of 14.86% but a recent decline of 4.00% over the last five trading days, indicating potential market fluctuations and investor sentiment shifts [2]. Company Overview - Jin Xin Nong Technology Co., Ltd. is based in Shenzhen, Guangdong Province, and was established on November 6, 1999, with its stock listed on February 18, 2011 [2]. - The company's main business involves the research, production, and sales of pig feed products, along with information technology services [2]. - The revenue composition includes: pig compound feed 49.43%, live pigs 32.10%, other feed 9.29%, pig concentrated feed 5.43%, pig premix feed 2.82%, others 0.58%, and feed raw materials 0.35% [2]. Financial Performance - For the first half of 2025, Jin Xin Nong achieved a revenue of 2.376 billion yuan, representing a year-on-year growth of 10.38%, while the net profit attributable to shareholders was -23.507 million yuan, showing a year-on-year increase of 43.74% [2]. - The company has distributed a total of 368 million yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for Jin Xin Nong was 43,400, a decrease of 13.57% from the previous period, with an average of 18,530 circulating shares per person, an increase of 15.70% [2]. - The second-largest circulating shareholder is the Guotai Zhongzheng Livestock Breeding ETF, holding 8.0051 million shares, which is an increase of 307,900 shares compared to the previous period [3].

Core Viewpoint - Jin Xin Nong's stock price has shown volatility, with a year-to-date increase of 16.88% but a recent decline in the last five and twenty trading days [1][2]. Company Overview - Jin Xin Nong Technology Co., Ltd. is located in Guangming District, Shenzhen, Guangdong Province, established on November 6, 1999, and listed on February 18, 2011. The company specializes in the research, production, and sales of pig feed products and information technology services [1]. - The main business revenue composition includes: pig compound feed 49.43%, live pigs 32.10%, other feed 9.29%, pig concentrated feed 5.43%, pig premix feed 2.82%, others 0.58%, and feed raw materials 0.35% [1]. Financial Performance - For the first half of 2025, Jin Xin Nong achieved operating revenue of 2.376 billion yuan, a year-on-year increase of 10.38%. The net profit attributable to the parent company was -23.507 million yuan, reflecting a year-on-year growth of 43.74% [2]. - Since its A-share listing, Jin Xin Nong has distributed a total of 368 million yuan in dividends, with no dividends paid in the last three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Jin Xin Nong was 43,400, a decrease of 13.57% from the previous period. The average circulating shares per person increased by 15.70% to 18,530 shares [2]. - The second-largest circulating shareholder is Guotai Zhongzheng Livestock Breeding ETF, holding 8.0051 million shares, an increase of 307,900 shares compared to the previous period [3].