证券之星消息，8月22日养殖业板块较上一交易日上涨0.14%，*ST天山领涨。当日上证指数报收于 3825.76，上涨1.45%。深证成指报收于12166.06，上涨2.07%。养殖业板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300313 | *ST天山 | 8.73 | 0.92% | 8.11万 | | 7041.28万 | | 002157 | 正邦科技 | 2.92 | 0.69% | 116.42万 | | 3.38亿 | | 300498 | 温氏股份 | 17.71 | 0.40% | C 60.65万 | | 10.69亿 | | 603717 | 天域生物 | 8.58 | 0.35% | 12.52万 | | 1.07亿 | | 000876 | 新希望 | 66'6 | 0.30% | 38.89万 | | 3.87亿 | | 002714 | 牧原股份 | 50.35 | 0.28% | 56.96万 | | 28.52亿 | ...

Core Viewpoint - Securities firms have issued "buy" ratings for nearly 100 A-share listed companies on August 22, focusing on sectors such as food and beverage, semiconductors, construction materials, power grid equipment, textiles and apparel, precious metals, and agriculture [1] Group 1: Company Ratings and Performance - Anrui Xinyu received a "buy" rating from Tianfeng Securities, highlighting a sequential increase in revenue growth and sustained profit realization [2] - Haiguang Information was rated positively by Huazheng Securities, with expected revenues of 13.915 billion, 19.810 billion, and 25.770 billion yuan for 2025-2027, showing an increase from previous forecasts [3] - Beixin Building Materials was noted by Dongwu Securities, indicating that its gypsum board business is under pressure but expects growth from its global strategy [3] - Dongfang Cable received a "buy" rating from Chengtong Securities, with significant growth in forward-looking operational indicators and an expected acceleration in submarine cable business deliveries [2] - Muyuan Foods reported a net profit of 10.53 billion yuan in the first half of the year, meeting its output and cost targets, and was rated "buy" by Huazheng Securities [2] Group 2: Sector Focus and Trends - The focus of securities firms on various sectors indicates a trend towards recovery in demand and potential profit growth across industries such as food and beverage, semiconductors, and construction materials [1][4] - The report from Tianfeng Securities on Anrui Xinyu suggests that cost benefits from sugar molasses are contributing to profit elasticity, indicating a positive outlook for the food and beverage sector [3] - The overall attention from multiple securities firms on companies like Dongfang Cable, Huayi Group, and Jibite reflects a broader interest in sectors like power grid equipment and gaming, suggesting potential investment opportunities [4]

Group 1: China Resources Beer - China Resources Beer reported a revenue of RMB 23.942 billion for the first half of 2025, a year-on-year increase of 0.8% [1] - The company's profit before interest and tax and net profit attributable to shareholders were RMB 7.691 billion and RMB 5.789 billion, respectively, showing year-on-year growth of 20.8% and 23.0% [1] - The beer sales volume reached approximately 6.487 million kiloliters, up 2.2% year-on-year, with high-end beer products seeing over 10% growth [1] Group 2: Miao Ke Lan Duo - Miao Ke Lan Duo's revenue increased by 7.98% to RMB 2.567 billion in the first half of 2025, with net profit rising by 86.27% to RMB 133 million [2] - The cheese business generated RMB 2.136 billion, a 14.85% increase year-on-year, accounting for 83.67% of total revenue [2] - The restaurant industrial cheese series saw a revenue increase of 36.26% to RMB 816 million [2] Group 3: Qiaqia Food - Qiaqia Food's revenue for the first half of 2025 was RMB 2.752 billion, a decrease of 5.05% year-on-year, with net profit down 73.68% to RMB 88.6416 million [3] - The decline was attributed to external channel changes and the timing of the Spring Festival [3] - The company expanded its overseas market presence and e-commerce channels, achieving breakthroughs in various international markets [3] Group 4: Tianwei Food - Tianwei Food is planning to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its international strategy and capital structure [4] Group 5: Muyuan Foods - Muyuan Foods reported a revenue of RMB 76.463 billion for the first half of 2025, a 34.46% increase year-on-year, with net profit soaring by 1169.77% to RMB 10.53 billion [5] - The company achieved a complete cost of pig farming below RMB 12.1 per kg by June 2025 [6] Group 6: Estée Lauder - Estée Lauder's net sales for the fiscal year 2025 were USD 14.326 billion, a decrease of 8% year-on-year [7] - The company reported an operating loss of USD 785 million due to increased impairment and restructuring costs [7] - The brand La Mer achieved double-digit growth in organic sales in mainland China for two consecutive quarters [7] Group 7: Walmart China - Walmart's total revenue for the second quarter of fiscal year 2026 was USD 177.4 billion, a 4.8% increase year-on-year [8] - Walmart China reported net sales of USD 5.8 billion, a 30.1% increase year-on-year, with comparable sales up 21.5% [8] - E-commerce sales grew by 39%, accounting for over 50% of total sales [8] Group 8: Yonghui Superstores - Yonghui Superstores reported a revenue of RMB 29.948 billion for the first half of 2025, a decrease of 20.73% year-on-year [9] - The company incurred a net loss of RMB 241 million, attributed to strategic transformations and store closures [9] - Online business revenue reached RMB 5.49 billion, accounting for 18.33% of total revenue, with a reduction in losses compared to the previous year [9]

中诚信国际认为，牧原食品股份有限公司信用水平在未来12~18个月内将保持稳定。 来源：金融界 2025年7月14日，中诚信国际公布评级报告，牧原食品股份有限公司主体等级获"AA+"评级。 中诚信国际肯定了牧原食品股份有限公司（以下简称"牧原股份"或"公司"）生猪养殖行业龙头地位稳 固，猪肉产业链完善，规模优势明显，采购成本优势和内部管理效率提升令养殖成本持续下降且在行业 中处于领先水平、2024年出栏量进一步提升且受益于猪价上涨，盈利获现水平明显改善以及融资渠道畅 通等方面的优势。同时中诚信国际也关注到生猪价格波动对公司经营盈利水平影响较大、港股上市进展 和海外业务布局情况、短期债务占比持续上升，债务结构有待优化、生猪业务全年盈利实现情况和屠宰 业务盈利改善措施成效，以及疫病和环保风险等因素对其经营和整体信用状况造成的影响。 资料显示，牧原食品股份有限公司是由河南省内乡县牧原养殖有限公司于2009年12月变更设立的股份公 司，2014年1月在深圳证券交易所上市，股票简称"牧原股份"，股票代码"002714"。历经30余年发展， 公司现已形成集饲料加工、种猪育种、商品猪饲养、屠宰肉食为一体的猪肉产业链，2024 ...

Core Viewpoint - The company, Muyuan Foods, reported a significant increase in net profit for the first half of 2025, driven by stable pig prices and improved operational efficiency, signaling a strong recovery in the pork industry [1][6]. Financial Performance - In the first half of 2025, Muyuan Foods achieved a net profit of 10.53 billion yuan, a year-on-year increase of 1169.77% [1][6]. - The company's revenue reached 76.463 billion yuan, representing a 34.46% growth compared to the previous year [4][6]. - The gross profit margin for the pig farming segment improved to 18.72%, an increase of 10.59 percentage points year-on-year [4]. Operational Highlights - Muyuan Foods sold 46.91 million pigs in the first half of the year, including 38.39 million market pigs and 8.29 million piglets [4]. - The company has been actively managing its breeding stock, aiming to reduce the number of breeding sows to 3.3 million by the end of the year [7][8]. - The average breeding cost has decreased from 13.1 yuan/kg at the beginning of the year to 11.8 yuan/kg by July [5]. Strategic Initiatives - Muyuan Foods is pursuing international expansion, having submitted an application for a Hong Kong IPO to raise 1 billion USD for global business development and R&D [11][12]. - The company is focusing on enhancing its disease prevention capabilities and improving the profitability of each pig through better breeding practices [10][11]. - A local team is being established to explore overseas markets, with plans to utilize a light-asset model for international operations [12].

智通财经APP获悉，西部证券发布研报称， 2025年7月上市猪企出栏量同比显著增长，但受季节性需求 疲软及政策调控影响，环比有所回落。尽管出栏量增长，但猪价同比下滑拖累营收，行业整体收入环比 下降6.64%。当前猪价仍处低位，但出栏均重政策调控初见成效。建议关注出栏增长确定性强的龙头标 的，推荐牧原股份(002714.SZ)、温氏股份(300498.SZ)、唐人神(002567.SZ)、华统股份(002840.SZ)、巨 星农牧(603477.SH)。 头部企业中，牧原股份/温氏股份/新希望销售均价为14.30/14.58/14.44(元/公斤)，环比分别 +1.56%/+1.32%/+1.83%，同比分别-21.86%/-23.06%/-23.19%。7月上市猪企出栏均价同比下降的原因是 24年7月猪价出现明显上涨，导致基数较高。目前生猪供应充足，猪价总体仍在低位。 上市猪企7月出栏均重为105.7公斤/头，环比-1.34%，同比+0.53% 西部证券主要观点如下： 出栏均重方面，上市猪企7月出栏体重环比下降，同比上升。上市猪企受政策导向影响，主动降低出栏 均重。头部企业中，牧原股份/温氏股份/新希望商品猪 ...

智通财经APP获悉，西部证券发布研报称， 2025年7月上市猪企出栏量同比显著增长，但受季节性需求 疲软及政策调控影响，环比有所回落。尽管出栏量增长，但猪价同比下滑拖累营收，行业整体收入环比 下降6.64%。当前猪价仍处低位，但出栏均重政策调控初见成效。建议关注出栏增长确定性强的龙头标 的，推荐牧原股份(002714.SZ)、温氏股份(300498.SZ)、唐人神(002567.SZ)、华统股份(002840.SZ)、巨 星农牧(603477.SH)。 西部证券主要观点如下： 上市猪企25年7月出栏量为1553.82万头，同比+31.36%，环比-4.59% 头部企业中，牧原股份/温氏股份/新希望生猪出栏635.50/316.48/130.25万头，同比分别 +13.02%/+36.22%/+3.21%，环比-9.46%/+5.24%/-2.07%。25年7月上市猪企出栏量同比大幅增长，原因 是上市猪企24年产能扩张导致25年出栏量大增。出栏量环比下降原因是(1)淡季需求较低;(2)受政策导向 影响，前期生猪出栏量较大。上市猪企25年1~7月累计出栏量为1.10亿头，同比+20.97%。1~7月上市猪 企出栏 ...

Core Insights - As of August 22, 1258 companies have released their semi-annual reports for 2025, with 751 reporting a year-on-year increase in net profit, while 507 reported a decline [1] - Among the companies, 790 reported a year-on-year increase in operating revenue, while 468 reported a decrease [1] - Notably, 600 companies experienced simultaneous growth in both net profit and operating revenue, while 317 companies saw declines in both metrics [1] - A total of 174 companies reported a doubling of their performance, with Xinte Electric showing the highest increase at 49775.01% [1] Company Performance Summary - Xinte Electric (301120) reported earnings per share of 0.0100, with a net profit of 532.87 million and a year-on-year increase of 49775.01%, alongside operating revenue of 19265.03 million, up 16.10% [1] - Fujilai (301258) achieved a net profit of 4307.66 million, marking a year-on-year increase of 12430.96%, with operating revenue of 22390.97 million, up 3.36% [1] - Taiji Stock (300046) reported a net profit of 3972.84 million, with a year-on-year increase of 3789.41%, and operating revenue of 17878.78 million, up 4.18% [1] - Other notable performers include Shijia Optoelectronics (688313) with a net profit increase of 1712.00% and operating revenue growth of 121.12% [1] Additional Company Insights - Companies like Digital Vision (300079) and Wisdom Technology (688636) also reported significant increases in net profit and operating revenue, with year-on-year increases of 2747.64% and 2147.93%, respectively [1] - The report highlights a diverse range of industries, with companies such as Hanyu Pharmaceutical (300199) and Muyuan Foods (002714) also showing strong performance metrics [1][2]

国信证券8月22日发布研报称，给予牧原股份（002714.SZ，最新价：49.81元）优于大市评级。评级理 由主要包括：1）2025H1生猪养殖成本稳步下降，盈利能力同比显著增长；2）资产负债表稳步修复， 2025H1现金分红大幅提升；3）软件硬件优势兼具，国际化战略稳步推进。风险提示：疫病风险、原料 价格大幅波动风险、产能扩张不及预期风险。 （文章来源：每日经济新闻） ...

本报记者 张文湘 贺王娟 A股上市公司半年报正密集披露，现金分红成为投资者关注的焦点之一。Wind资讯数据显示，截至8月 21日记者发稿，A股上市公司中共有171家公司（包括13家已落地实施的企业）披露2025年半年度分红 预案，涉及非银金融、医药生物、计算机、汽车、教育、通信等行业，拟总派发1245.84亿元。 苏商银行特约研究员武泽伟对《证券日报》记者表示，上市公司中期分红呈现出参与主体扩大、分红规 模增长及股息支付率稳步提升的特征。 从金额来看，分红金额超10亿元的公司有15家。其中，超百亿元的上市公司有2家，分别是中国移动有 限公司拟分红超540亿元，中国电信股份有限公司拟派发165.81亿元。 此外，有7家上市公司分红金额超20亿元，分别为：北京东方雨虹防水技术股份有限公司拟派现22.1亿 元、河南双汇投资发展股份有限公司拟派现22.5亿元、福耀玻璃工业集团股份有限公司拟派现23.5亿 元、中国联合网络通信股份有限公司拟派现34.8亿元、杭州海康威视数字技术股份有限公司拟派现36.9 亿元、宁德时代新能源科技股份有限公司派现超40亿元、牧原食品股份有限公司（以下简称"牧原股 份"）拟派现50.02亿 ...