Group 1 - The food processing sector increased by 0.31% on November 12, with Anjijia Food leading the gains [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] - Anjijia Food's closing price was 81.22, reflecting a rise of 5.19% with a trading volume of 184,000 shares and a transaction value of 1.509 billion yuan [1] Group 2 - The food processing sector experienced a net outflow of 275 million yuan from institutional investors, while retail investors saw a net inflow of 239 million yuan [2] - The top gainers in the food processing sector included Qianwei Central Kitchen and Xianle Health, with closing prices of 41.48 and 25.23, respectively, reflecting increases of 2.75% and 1.77% [1] - The sector's main stocks showed varied performance, with some experiencing significant declines, such as Gaisijia Food, which fell by 7.31% [2]

Core Viewpoint - The food processing sector experienced a slight increase of 0.37% on November 11, with Gais Food leading the gains, while the overall market indices saw declines [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4002.76, down 0.39%, and the Shenzhen Component Index closed at 13289.0, down 1.03% [1]. - Gais Food's stock price rose by 4.89% to 15.86, with a trading volume of 270,200 shares and a transaction value of 419 million yuan [1]. Group 2: Individual Stock Performance - Other notable gainers included: - Kangbiter, up 4.65% to 18.92, with a trading volume of 53,400 shares and a transaction value of 99.55 million yuan [1]. - Babi Food, up 4.43% to 32.08, with a trading volume of 167,500 shares and a transaction value of 530 million yuan [1]. - Haixin Food, up 3.12% to 5.29, with a trading volume of 397,300 shares and a transaction value of 208 million yuan [1]. Group 3: Capital Flow - The food processing sector saw a net outflow of 159 million yuan from institutional investors, while retail investors contributed a net inflow of 100 million yuan [2]. - Gais Food had a net inflow of 25.86 million yuan from retail investors, indicating strong interest from individual investors [3].

Group 1 - The core viewpoint of the news is that Longda Food's stock has shown a slight increase recently, despite a significant decline in its stock price this year [1] - As of November 10, Longda Food's stock price is 4.92 CNY per share, with a market capitalization of 5.309 billion CNY [1] - The company has experienced a net inflow of main funds amounting to 3.558 million CNY, with large orders contributing significantly to the buying activity [1] Group 2 - For the period from January to September 2025, Longda Food reported a revenue of 7.625 billion CNY, representing a year-on-year decrease of 4.85% [2] - The net profit attributable to the parent company for the same period was -183 million CNY, a significant year-on-year decrease of 349.93% [2] - The number of shareholders increased to 43,300, while the average circulating shares per person decreased to 24,857 shares [2] Group 3 - Since its A-share listing, Longda Food has distributed a total of 443 million CNY in dividends, with no dividends paid in the last three years [3]

Core Points - Longda Food (002726) reported that as of October 31, the number of shareholders reached 43,331 [1]

Core Viewpoint - The 40th Shandong Livestock Expo showcases Longda Food's strategic positioning in the high-end meat sector, particularly through its premium black pork brand "Longda Heitianpeng" based on the Longda Black Pig [1] Group 1: Product Development - Longda Food has developed the Longda Black Pig by selectively breeding various local black pig breeds, resulting in a hybrid that combines desirable traits from both domestic and European pig breeds [2] - The Longda Black Pig is noted for its rich content of unsaturated fatty acids and sulfur-containing amino acids, providing consumers with a healthier meat option [2] Group 2: Farming Practices - Longda Food has established specialized black pig breeding bases in the Jiaodong Peninsula, utilizing a "self-raising + contract farming" model to enhance its breeding network [2] - The company leverages the region's agricultural advantages by incorporating natural fruits like apples and pears into the pigs' diet, improving feed quality and imparting a unique sweetness to the pork [2] Group 3: Quality Control - The "Longda Heitianpeng" brand is built on a comprehensive management system that ensures quality from breeding to consumption, adhering to a "six unification" standard [5] - Longda Food implements rigorous pathogen risk assessments and maintains traceability throughout the supply chain, ensuring product safety and quality stability [5] - The company employs low-temperature aging and precise cutting techniques, along with a cold chain logistics system, to preserve the flavor and nutritional value of the meat [5] Group 4: Future Outlook - Longda Food aims to leverage its full industry chain advantages to advance its high-end meat business, with ongoing investments in the Longda Black Pig breed and the Longda Heitianpeng brand [5] - The company is committed to enhancing its industry chain construction to contribute to the high-quality development of the livestock sector [5]

Core Viewpoint - Longda Food announced that it will not adjust the conversion price of its convertible bonds despite triggering the price adjustment clause due to its stock price being below 90% of the conversion price for ten consecutive trading days [1] Group 1: Company Announcement - Longda Food's stock price has been below the convertible bond conversion price of 8.37 yuan per share for ten consecutive trading days, triggering the price adjustment clause [1] - The company's board of directors decided not to exercise the right to adjust the conversion price of the "Longda Convertible Bonds" downwards [1] - If the price adjustment clause is triggered again within the next month (from November 1 to November 30, 2025), the company will also not propose a downward adjustment plan [1] Group 2: Future Considerations - Starting from December 1, 2025, if the price adjustment clause is triggered again, the company will follow relevant regulations to determine whether to exercise the right to adjust the conversion price [1]

证券代码：002726 证券简称：龙大美食 公告编号：2025-092 债券代码：128119 债券简称：龙大转债 1、审议通过了关于《不向下修正可转换公司债券转股价格的议案》 具体内容详见公司同日在《中国证券报》《证券时报》《证券日报》《上海证 券报》和巨潮资讯网（www.cninfo.com.cn）披露的《山东龙大美食股份有限公司 关于不向下修正"龙大转债"转股价格的公告》（公告编号 2025-093）。 山东龙大美食股份有限公司 第六届董事会第七次会议决议公告 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、会议召开情况 山东龙大美食股份有限公司（以下简称"公司"）第六届董事会第七次会议于 2025 年 10 月 31 日在公司会议室以现场结合通讯的方式召开，会议通知已于 2025 年 10 月 31 日送达各位董事，经全体董事同意，豁免本次董事会的通知时限。本 次会议应出席董事 8 人，实际出席董事 8 人，会议由董事长杨晓初先生召集和主 持。本次会议的召集、召开程序符合《公司法》和《公司章程》的有关规定。 二、会议审议情况 表决结果：8 票同意， ...

| 证券代码：002726 | 证券简称：龙大美食 | 公告编号：2025-093 | | --- | --- | --- | | 债券代码：128119 | 债券简称：龙大转债 | | 山东龙大美食股份有限公司 关于不向下修正"龙大转债"转股价格的公告 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： 1、自 2025 年 10 月 20 日至 2025 年 10 月 31 日，山东龙大美食股份有限公 司（以下简称"公司"）股票已有十个交易日的收盘价低于可转换公司债券（以 下简称"可转债"）当期转股价格的 90%（即 8.37 元/股）的情形，已触发转股 价格修正条款。 2、2025 年 10 月 31 日，公司召开第六届董事会第七次会议审议通过了《关 于不向下修正可转换公司债券转股价格的议案》，董事会决定本次不行使"龙大 转债"转股价格向下修正的权利，同时未来一个月内（即 2025 年 11 月 1 日至 2025 年 11 月 30 日）如再次触发转股价格向下修正条款，亦不提出向下修正方 案。从 2025 年 12 月 1 日开始重新起算，若再 ...

Group 1 - Longda Food announced the convening of its sixth board meeting on October 31, 2025, to discuss the proposal regarding not adjusting the conversion price of convertible bonds [1] - For the first half of 2025, Longda Food's revenue composition was as follows: slaughtering industry accounted for 81.87%, food industry 17.42%, and others 0.71% [1] - As of the report date, Longda Food's market capitalization was 5.2 billion yuan [1]

Core Insights - Longda Food (002726.SZ) reported its Q3 2025 results, revealing that as of October 30, 2025, 12 institutional investors held a total of 554 million shares, representing 51.31% of the company's total equity [1] - The top ten institutional investors collectively held 50.84% of the shares, but this marked a decrease of 4.56 percentage points compared to the previous quarter [1] Institutional Holdings - The top ten institutional investors include notable firms such as Blue Run Development Holdings Group, Laiyang Yinlong Investment, and Qindao Honghengya and Industry [1] - In the current period, two new public funds were disclosed, namely Dachen Jingheng Mixed A and Dachen Fengxiang Return Mixed A [1] - A total of 43 public funds were not disclosed in this period compared to the previous quarter, including major ETFs like Southern CSI 1000 ETF and Huaxia CSI 1000 ETF [1]