Group 1 - The core viewpoint of the news is that Chen Ke Ming Food held an online earnings briefing to address investor concerns regarding its pig farming business, financial status, and production capacity planning [1][2] - In the pig farming business, the company aims to improve profitability by enhancing health management, optimizing feed, and investing in breeding and disease prevention to lower costs [1][2] - The company plans to utilize its advantages in French pig breeds to strengthen biosecurity and disease control, aiming to increase the speed of pig slaughter and improve production efficiency, with a target production cost of 12.28 yuan per kilogram by August 2025 [1] Group 2 - Financially, the company is addressing high non-current liabilities by optimizing its debt structure, increasing turnover rates, controlling accounts receivable, and reducing capital expenditures [2] - The production capacity in the Jiaxing base will be gradually released based on market demand, focusing on high-end noodles and frozen convenience foods targeting young consumers and B-end restaurant clients [2] - The company is committed to enhancing operational management and achieving high-quality development, while also planning cash dividends, share buybacks, and improving investor relations to increase company value and return to investors [2]

Group 1: Financial Performance and Strategies - The company aims to improve pig farming profits by enhancing health management, reducing costs, and optimizing feed [1] - As of August 2025, the production cost for pig farming is 12.28 yuan/kg [2] - The company plans to lower its debt ratio by optimizing the structure of short-term and long-term debts and controlling the scale of liabilities [2] Group 2: Market Position and Product Development - The company will focus on high-end products such as premium noodles and frozen convenience foods targeting young, stable-income consumers and B-end restaurant clients [2] - To address declining performance, the company will expand the application of buckwheat and whole wheat flour in products and strengthen its competitive edge in high-end noodle products [3] - The company is exploring new sales channels, including C-class small stores, wholesale markets, and catering channels [3] Group 3: Shareholder Value and Market Response - The management is committed to enhancing operational management to achieve high-quality development and will consider cash dividends, share buybacks, and improved investor relations to boost company value [3] - The company acknowledges the mismatch between its performance and stock price and is actively responding to national policies for effective market value management [1]

Market Overview - On September 16, the food processing sector declined by 0.69%, with Gais Food leading the drop [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Stock Performance - Notable gainers in the food processing sector included: - Qianwei Yangchu (001215) with a closing price of 36.15, up 3.52% and a trading volume of 72,300 shares, totaling 254 million yuan [1] - ST Chuntian (600381) with a closing price of 5.20, up 3.17% and a trading volume of 130,300 shares, totaling 65.9 million yuan [1] - Baba Food (605338) with a closing price of 24.23, up 2.54% and a trading volume of 24,800 shares, totaling 59.4 million yuan [1] - Major decliners included: - Gais Food (836826) with a closing price of 14.35, down 4.52% and a trading volume of 155,500 shares, totaling 225 million yuan [2] - Huadong Shares (002840) with a closing price of 11.92, down 2.77% and a trading volume of 312,700 shares, totaling 373 million yuan [2] - Huifa Food (603536) with a closing price of 11.11, down 2.54% and a trading volume of 354,400 shares, totaling 394 million yuan [2] Capital Flow - The food processing sector experienced a net outflow of 251 million yuan from institutional investors, while retail investors saw a net inflow of 217 million yuan [2] - The detailed capital flow for selected stocks showed: - ST Chuntian (600381) had a net inflow of 10.68% from institutional investors [3] - Qianwei Yangchu (001215) had a net inflow of 2.25% from institutional investors [3] - Gais Food (836826) had a net outflow of 0.41% from institutional investors [3]

Core Viewpoint - The company, Chen Kemin Food Co., Ltd., is participating in the 2025 Hunan Listed Companies Investor Online Collective Reception Day to enhance interaction with investors [1] Group 1 - The event will be held online on September 19, 2025, from 14:00 to 17:00 [1] - Investors can participate through the "Panorama Roadshow" website, WeChat public account, or by downloading the Panorama Roadshow APP [1] - Company executives will discuss topics such as the company's performance for the first half of 2024 to 2025, corporate governance, development strategy, operational status, financing plans, equity incentives, and sustainable development [1]

Core Viewpoint - The company, Kemin Foods, has identified Thailand as a new overseas market for development, with current sales volume being relatively small, and plans to continue developing new customers to stabilize its foreign business [1] Group 1 - The company has recently opened Thailand as a new overseas market [1] - Current sales volume in Thailand is relatively small [1] - The company aims to continue developing new customers to stabilize its foreign business [1]

本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 (https://rs.p5w.net)，或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 9 月 19 日(星期五)14:00-17:00。届时 公司高管将在线就公司 2024 年至 2025 半年度业绩、公司治理、发展战略、经营 状况、融资计划、股权激励和可持续发展等投资者关心的问题，与投资者进行沟 通与交流，欢迎广大投资者踊跃参与! 证券代码：002661 证券简称：克明食品 公告编号：2025-084 陈克明食品股份有限公司 关于参加 2025 年湖南辖区上市公司投资者网上集体接待日 活动的公告 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。 为进一步加强与投资者的互动交流，陈克明食品股份有限公司(以下简称"公 司")将参加由湖南证监局、湖南省上市公司协会与深圳市全景网络有限公司联 合举办的 2025 年湖南辖区上市公司投资者网上集体接待日活动，现将相关事项 公告如下: 特此公告！ 陈克明食品股份有限公司 董事会 2025 年 9 月 16 ...

Group 1 - The core viewpoint of the article highlights the sales performance of Kemin Foods in August, showing a mixed trend with a decrease in sales volume but a significant increase in year-on-year revenue [1] - In August, the company sold 39,600 pigs, representing a month-on-month decrease of 5.58% but a year-on-year increase of 204.06% [1] - The sales revenue for August was 33.19 million yuan, which is a month-on-month decrease of 6.72% but a year-on-year increase of 97.29% [1] Group 2 - From January to August 2025, the company sold a total of 378,800 pigs, which is a year-on-year increase of 39.79% [1] - The cumulative sales revenue for the same period reached 397.92 million yuan, reflecting a year-on-year growth of 21.53% [1] - The increase in sales volume and revenue in August is attributed to the release of production capacity [1]

Group 1 - The core point of the article is that Kemin Foods announced its subsidiary, Aksu Xingjiang Muge Food Co., Ltd., sold 39,600 pigs in August 2025, with a month-on-month decrease of 5.58% but a year-on-year increase of 204.06% [1] - The sales revenue for August 2025 was 33.19 million yuan, reflecting a month-on-month decrease of 6.72% and a year-on-year increase of 97.29% [1] - The year-on-year growth in both sales volume and revenue is attributed to the release of production capacity [1] Group 2 - From January to August 2025, the company sold a total of 378,800 pigs, representing a year-on-year increase of 39.79% [1] - The cumulative sales revenue for the same period reached 398 million yuan, which is a year-on-year increase of 21.53% [1] - The data provided is unaudited and may differ from regular report disclosures, serving only as a reference for investors [1]

Core Viewpoint - The company reported significant growth in pig sales and revenue for its subsidiary, indicating strong operational performance driven by capacity release [1] Group 1: Sales Performance - In August 2025, the company’s subsidiary, Xingjiang Muge, sold 39,600 pigs, representing a year-on-year increase of 204.06% [1] - The sales revenue for August 2025 reached 33.19 million yuan, marking a year-on-year growth of 97.29% [1] - Cumulatively, from January to August 2025, the company sold 378,800 pigs, which is a year-on-year increase of 39.79% [1] Group 2: Revenue Growth - The cumulative sales revenue from January to August 2025 amounted to 398 million yuan, reflecting a year-on-year increase of 21.53% [1] - The growth in both sales volume and revenue in August is attributed primarily to the release of production capacity [1]

Core Viewpoint - The announcement from Kemin Foods indicates a mixed performance in pig sales for August 2025, with a decline in monthly sales but significant year-on-year growth, attributed to capacity release [1] Sales Performance - In August 2025, Kemin Foods' subsidiary, Xingjiang Muge, sold 39,600 pigs, representing a month-on-month decrease of 5.58% but a year-on-year increase of 204.06% [1] - The sales revenue for August 2025 was 33.19 million yuan, down 6.72% from the previous month but up 97.29% compared to the same month last year [1] Cumulative Sales Data - From January to August 2025, the company sold a total of 378,800 pigs, which is a 39.79% increase compared to the same period last year [1] - The cumulative sales revenue for the first eight months of 2025 reached 398 million yuan, reflecting a year-on-year growth of 21.53% [1] Factors Influencing Performance - The year-on-year growth in both sales volume and revenue for August 2025 is primarily attributed to the release of production capacity [1]