Price Fluctuation and Risk Management - The company reported a significant risk of price fluctuations in the pig farming industry, which could adversely affect profitability if prices fall below production costs[5]. - The company aims to enhance its feed business and pig farming operations by integrating procurement management and utilizing futures hedging tools to mitigate price volatility risks[6]. - The cost of feed is primarily driven by raw material prices, with key ingredients like corn and soybean meal being subject to various market influences, potentially leading to increased costs and reduced profits[8]. - The company has implemented measures to manage raw material price fluctuations, including improving supplier relationships and optimizing feed formulations[8]. - Animal disease risks, such as African swine fever and porcine reproductive and respiratory syndrome, pose significant threats to production and profitability, necessitating stringent biosecurity measures[9]. - The company has established a comprehensive health management system and strict biosecurity protocols to minimize the impact of animal diseases[10]. - Environmental compliance is critical, with potential penalties for non-compliance, prompting the company to upgrade facilities and implement pollution control measures[11]. Financial Performance - The company reported a significant increase in revenue, reaching 1.2 billion RMB, representing a 15% year-over-year growth[31]. - The company's operating revenue for 2023 was ¥4,040,387,757.83, representing a 1.67% increase compared to ¥3,973,936,151.86 in 2022[34]. - The net profit attributable to shareholders for 2023 was -¥659,867,676.25, a significant decline of 3,420.68% from ¥19,836,844.77 in 2022[34]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥570,897,759.66, worsening by 629.65% compared to -¥75,299,870.19 in 2022[34]. - The gross margin improved to 35%, up from 30% in the previous year, reflecting better cost management[31]. - The company achieved operating revenue of 404,038.78 million yuan, a year-on-year increase of 1.67%, but reported a net profit attributable to shareholders of -65,986.77 million yuan[74]. Market Expansion and Product Development - The company has set a future outlook with a revenue target of 1.5 billion RMB for the next fiscal year, indicating a projected growth of 25%[31]. - New product development includes the launch of a premium feed line, expected to contribute an additional 200 million RMB in revenue[31]. - The company is expanding its market presence by entering three new provinces, aiming for a 10% market share in these regions within two years[31]. - A strategic acquisition of a local feed manufacturer is in progress, which is anticipated to enhance production capacity by 30%[31]. - The company plans to increase its R&D budget by 40% to accelerate innovation in animal health products[31]. Research and Development - The company is investing 50 million RMB in technology upgrades to improve production efficiency by 15%[31]. - The company has accumulated multiple patents related to piglet nutrition, particularly in starter feed technology, positioning itself as a leader in this niche market[71]. - The company is actively developing new feed formulations to reduce antibiotic use and improve pig health, with a focus on enhancing immunity and reducing diarrhea rates[102]. - The total R&D investment for 2023 was approximately ¥50.29 million, a decrease of 3.81% compared to ¥52.29 million in 2022, representing 1.24% of operating revenue[103]. - The number of R&D personnel increased to 129, up by 2.38% from 126 in the previous year, with a proportion of 4.65% of total employees[103]. Corporate Governance and Management - The company emphasizes independent operations in assets, personnel, finance, institutions, and business, with no interference from the controlling shareholder[168]. - The company has a dedicated team for information disclosure, ensuring compliance with legal requirements and timely updates to stakeholders[166]. - The company reported a total of 9,675,828 shares held by the former vice chairman, Chen Junhai, who left the position on August 15, 2023[176]. - The company’s total shareholding structure reflects a significant reduction in shares held by executives, indicating potential strategic shifts[174]. - The board of directors emphasized the importance of independent and fair judgment in decision-making processes to protect shareholder interests[196]. Strategic Initiatives and Future Outlook - The company aims to achieve a revenue target of 5 billion yuan in 2024 and plans to turn losses into profits through various strategies[149]. - The company plans to strengthen its pig sales platform and customer development to optimize customer structure and improve pricing mechanisms[150]. - The company is focusing on building a collaborative platform for feed production and sales, leveraging its technological and logistical advantages[150]. - The company aims to implement a "non-epidemic three-level prevention and control" mechanism to improve post-weaning survival rates and reduce epidemic losses[151]. - The company plans to deepen management reforms, emphasizing standardization and information technology to enhance operational efficiency[152].

Financial Performance - The company's revenue for Q1 2024 was CNY 1,050,632,449.52, a decrease of 3.55% compared to CNY 1,089,319,765.36 in the same period last year[5] - The net loss attributable to shareholders was CNY -52,055,103.26, an improvement of 47.45% from CNY -99,054,507.62 year-over-year[5] - Total operating revenue for Q1 2024 was CNY 1,050,632,449.52, a decrease of 3.4% compared to CNY 1,089,319,765.36 in Q1 2023[39] - Net loss for Q1 2024 was CNY 52,239,334.92, an improvement from a net loss of CNY 97,360,683.43 in Q1 2023[40] - Basic and diluted earnings per share for Q1 2024 were both CNY -0.06, an improvement from CNY -0.12 in Q1 2023[41] Cash Flow - The net cash flow from operating activities was CNY -141,637,995.57, which is a 17.53% improvement compared to CNY -171,744,228.72 in the previous year[5] - Total cash inflow from operating activities was 976,440,715.52 CNY, down 6.3% from 1,042,245,778.91 CNY in the prior period[44] - Cash outflow from operating activities totaled 1,118,078,711.09 CNY, a decrease of 7.8% compared to 1,213,990,007.63 CNY in the previous period[44] - The cash flow from investing activities was -21,641,183.97 CNY, showing a smaller loss compared to -27,539,856.83 CNY in the last period[44] - Cash inflow from financing activities was 554,100,000.00 CNY, down 22.5% from 715,456,114.75 CNY in the previous period[44] - The net cash flow from financing activities was -159,930,561.92 CNY, contrasting with a positive cash flow of 33,612.90 CNY in the prior period[44] - The ending cash and cash equivalents balance was 361,108,726.43 CNY, significantly lower than 1,017,863,970.06 CNY at the end of the previous period, representing a decrease of 64.5%[44] Assets and Liabilities - Total assets at the end of the reporting period were CNY 5,782,479,218.56, down 3.36% from CNY 5,983,408,511.88 at the end of the previous year[5] - The company's total assets decreased to CNY 5,782,479,218.56 from CNY 5,983,408,511.88 year-over-year[37] - Total liabilities decreased to CNY 4,259,226,659.99 from CNY 4,431,216,615.60, indicating improved financial stability[37] - The company's total equity attributable to shareholders decreased by 3.23% to CNY 1,432,988,696.33 from CNY 1,480,744,605.77 at the end of the previous year[5] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 47,214[27] - The company has a total of 260,187,972 shares held by Guangzhou Jinnong Industrial Investment Partnership, accounting for a significant portion of the shareholding structure[30] Operational Metrics - Total operating costs for Q1 2024 were CNY 1,088,048,105.17, down 6.6% from CNY 1,165,193,523.25 in the same period last year[39] - Research and development expenses increased to CNY 13,207,925.43, up from CNY 11,947,369.01 in the previous year, reflecting a focus on innovation[40] - The company reported a significant increase in prepayments from CNY 14,141,867.77 to CNY 46,033,544.61, an increase of about 225.5%[35] Cash and Inventory - Cash and cash equivalents dropped from CNY 754,378,131.74 to CNY 427,951,911.49, representing a decrease of about 43.3%[34] - Total current assets decreased from CNY 1,673,873,180.96 to CNY 1,413,932,695.12, a decline of approximately 15.5%[34] - Accounts receivable increased significantly from CNY 80,742,638.46 to CNY 179,931,069.37, an increase of approximately 122.3%[35] - Inventory decreased slightly from CNY 684,394,241.17 to CNY 644,845,118.10, a reduction of about 5.8%[35] Future Outlook - The company plans to continue focusing on market expansion and new product development in the upcoming quarters[40]

证券代码：002548 证券简称：金新农 公告编号：2024-029 深圳市金新农科技股份有限公司 关于签订合作框架协议的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，并对公告中 的虚假记载、误导性陈述或重大遗漏承担责任。 一、合作进展概述 深圳市金新农科技股份有限公司（以下简称"公司"）与保國利民國際控股 有限公司（以下简称"保國利民國際公司"）于2024年3月14日在深圳市签署了 《合作框架协议》，双方拟深度合作，共建前海大易平台，开展国际农产品贸易 等相关业务，具体详见公司于2024年3月15日披露的《关于签订合作框架协议的 公告》。 2、主要股东 | 股东名称 | 持股比例 | | --- | --- | | 立信國際資本控股有限公司 | 45% | | 张晓琚 | 35% | | 王悦 | 15% | | 杨大勇 | 5% | 3、保國利民國際公司与公司及公司前十名股东在产权、业务、资产、债权 债务、人员等方面不存在可能或已经造成公司对其利益倾斜的关系。经查询，保 國利民國際公司不是失信被执行人，信誉良好，具备履行合同的能力。 三、交易标的基本情况 近期，为进一步落实《合作框架协议 ...

证券代码：002548 证券简称：金新农 公告编号：2024-030 深圳市金新农科技股份有限公司 关于签订合作意向协议的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，并对公告中 的虚假记载、误导性陈述或重大遗漏承担责任。 特别提示： 1、本协议仅为双方根据合作意向初步达成的意向协议，最终以双方后续签 订的正式交易协议为准。具体实施内容和进度尚存在不确定性。敬请广大投资者 注意投资风险。 2、本协议涉及的有关内容尚未正式实施，对公司本年度及未来经营业绩的 影响存在不确定性。 3、公司最近三年披露的框架协议详见公司于 2022 年 11 月 15 日披露的《关 于公司与中国农业银行深圳光明支行签署意向战略合作协议的公告》和 2024 年 3 月 15 日披露的《关于签订合作框架协议的公告》，目前尚在推进中。 1、基本信息 1 | 公司名称 | 深圳市前海中保产业私募股权投资基金管理有限公司 | | --- | --- | | 统一社会信用代码 | 91440300360019602X | | 类型 | 有限责任公司 | | 法定代表人 | 吕展宇 | | 成立日期 | 2016年2月4日 | | ...

证券代码：002548 证券简称：金新农 公告编号：2024-028 深圳市金新农科技股份有限公司 2024 年 3 月生猪销售简报 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。 一、生猪销售情况 深圳市金新农科技股份有限公司（以下简称"公司"）2024 年 3 月生猪销量 12.17 万头（其中商品猪 6.77 万头、仔猪 4.79 万头、种猪 0.60 万头），销售收 入 15,509.76 万元，商品猪销售均价 14.77 元/公斤。 | | 时间 | | 生猪销售数量（万头） | | 生猪销售收入（万元） | | 商品猪价格 （元/公斤） | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 当月 | 累计 | 当月 | 累计 | 当月 | | 2023 | 年 3 | 月 | 8.87 | 27.73 | 9,640.97 | 31,494.49 | 15.04 | | 2023 | 年 4 | 月 | 7.98 | 35.71 | 10,227.10 | 41,721.60 | 1 ...

证券代码：002548 证券简称：金新农 公告编号：2024-027 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。 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 1 月 15 日 召开的 2024 年第一次临时股东大会审议通过了《关于 2024 年度公司及子公司担 保额度预计的议案》，公司为下属公司采购原材料的货款提供担保总额不超过 40,000 万元，为下属公司融资提供担保总额不超过 250,000 万元；公司全资子公 司为公司 2024 年度向银行、融资租赁机构等融资提供担保总额不超过 500,000 万元。具体内容详见公司 2023 年 12 月 29 日在《证券时报》《上海证券报》《中 国证券报》及巨潮资讯网（http://www.cninfo.com.cn）披露的《关于 2024 年度公 司及子公司担保额度预计的公告》（公告编号：2023-096）。 二、担保进展情况 自 2024 年 2 月 20 日披露担保进展公告后至本公告日，公司及控 ...

深圳市金新农科技股份有限公司 关于签订合作框架协议的公告 证券代码：002548 证券简称：金新农 公告编号：2024-025 本公司及董事会全体成员保证公告内容的真实、准确和完整，并对公告中 的虚假记载、误导性陈述或重大遗漏承担责任。 特别提示： 1、本协议仅为双方根据合作意向初步达成的框架性协议，最终以双方后续 签订的正式具体项目协议为准。具体实施内容和进度尚存在不确定性。敬请广大 投资者注意投资风险。 2、本协议涉及的有关内容尚未正式实施，对公司本年度及未来经营业绩的 影响存在不确定性。 3、公司最近三年披露的框架协议详见公司于 2022 年 11 月 15 日披露的《关 于公司与中国农业银行深圳光明支行签署意向战略合作协议的公告》，目前尚在 履行中。 一、协议签署概况 深圳市金新农科技股份有限公司（以下简称"公司"或"金新农"）与保国 利民国际控股有限公司（以下简称"保国利民"）于2024年3月14日在深圳市签 署了《合作框架协议》（以下简称"协议"或"本协议"），双方拟深度合作，共 建前海大易平台（"前海大易"为公司子公司深圳市前海大易技术开发有限公司 的简称），开展国际农产品贸易等相关业务。 公司 ...

(二) 提供担保情况 自 2014 年以来，佳和农牧股份有限公司（以下简称"佳和农牧"）作为公 司重要战略合作伙伴，公司每年会为其向银行融资提供一定额度的连带责任担保。 为延续战略合作，公司于 2023 年 3 月 3 日签署了《最高额保证合同》，为佳和 农牧向北京银行股份有限公司长沙分行（以下简称"北京银行长沙分行"）申请 银行贷款提供连带责任保证担保，保证额度不超过 4,000 万元，保证期间为被担 保债务履行期届满之日起三年。2023 年 3 月 7 日，佳和农牧向北京银行长沙分 行申请贷款 4,000 万元，贷款期限一年。 2023 年 3 月，公司与湖南佳和农牧控股有限公司（以下简称"佳和控股"）、 佳和农牧、李铁明、张琼瑛签订了《保证反担保合同》，佳和控股、佳和农牧、 李铁明、张琼瑛为上述担保提供连带责任保证反担保；公司与佳和控股签订了《股 | 证券代码：002548 | 证券简称：金新农 | 公告编号：2024-024 | | --- | --- | --- | | 债券代码：128036 | 债券简称：金农转债 | | 深圳市金新农科技股份有限公司 关于履行担保责任的公告 本公司及董事会全体成 ...

| 证券代码：002548 | 证券简称：金新农 | 公告编号：2024-023 | | --- | --- | --- | | 债券代码：128036 | 债券简称：金农转债 | | 深圳市金新农科技股份有限公司 2024 年 2 月生猪销售简报 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。 一、生猪销售情况 | 时间 | | | 生猪销售数量（万头） | | 生猪销售收入（万元） | | 商品猪价格 （元/公斤） | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | 当月 | 累计 | 当月 | 累计 | 当月 | | 2023 | 年 2 | 月 | 13.85 | 18.86 | 15,308.05 | 21,853.52 | 14.80 | | 2023 | 年 3 | 月 | 8.87 | 27.73 | 9,640.97 | 31,494.49 | 15.04 | | 2023 | 年 4 | 月 | 7.98 | 35.71 | 10,227.10 | 41,721.60 | ...

| 证券代码：002548 | 证券简称：金新农 公告编号：2024-022 | | --- | --- | | 债券代码：128036 | 债券简称：金农转债 | 深圳市金新农科技股份有限公司 关于"金农转债"到期兑付及摘牌的公告 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。 特别提示： 经中国证券监督管理委员会"证监许可（2017）2318 号"文核准，深圳市金 新农科技股份有限公司（以下简称"公司"）于 2018 年 3 月 9 日公开发行了 650 万张可转换公司债券（以下简称"可转债"或"金农转债"），每张面值 100 元， 发行总额 6.50 亿元。 经深圳证券交易所（以下简称"深交所"）"深证上[2018]128 号"文同意， 公司 6.50 亿元可转换公司债券于 2018 年 4 月 2 日起在深交所挂牌交易，债券简 称"金农转债"，债券代码"128036 "。 1 1、"金农转债"到期日：2024 年 3 月 9 日（星期六） 2、"金农转债"兑付登记日：2024 年 3 月 8 日（星期五） 3、"金农转债"到期兑付价格：106 元/张（ ...