Core Viewpoint - Longda Food's credit ratings have been downgraded by United Ratings, reflecting financial difficulties and negative outlook for the company [1] Financial Performance - For the first three quarters of 2025, the company reported a net loss of 183 million yuan, with revenue decreasing by 4.85% year-on-year [1] - The operating cash flow was negative at 13 million yuan [1] Liquidity and Debt - As of the end of September, the cash to short-term debt ratio fell to 0.30 times, indicating potential liquidity issues [1] - Cash and cash equivalents decreased by 452 million yuan to 518 million yuan [1] Shareholder Issues - The controlling shareholder, Lanrun Development, has 7.5134 million shares frozen by judicial order, which accounts for 2.56% of its total holdings [1]

证券日报网讯11月17日晚间，龙大美食（002726）发布公告称，公司于2025年11月17日召开2025年第三 次临时股东会，审议通过了《关于补选第六届董事会非独立董事的议案》，同意选举赵晓刚先生为公司 第六届董事会非独立董事。 ...

Group 1 - The company, Longda Food, announced the election of Zhao Xiaogang as a non-independent director of the sixth board of directors [1] - As of the first half of 2025, the revenue composition of Longda Food is as follows: 81.87% from the slaughtering industry, 17.42% from the food industry, and 0.71% from other sources [1] - The current market capitalization of Longda Food is 5.3 billion yuan [1]

信用评级公告 山东龙大美食股份有限公司主体及相关债项信用评级的公告 受山东龙大美食股份有限公司(以下简称"公司")委托,联合资信评估股份有限公司(以下 简称"联合资信"）对公司及其发行的相关债项进行了信用评级。除评级委托关系外,联合资信、 评级人员与公司不存在任何影响评级行为独立、客观、公正的关联关系。 根据联合资信最近的评级结果,公司个体信用等级为 at,主体长期信用等级为 A*,将公司列 入评级观察名单;公司委托联合资信评级的相关债项评级结果详见下表,评级有效期为相关债项存 续期。 截至 2025年11月12日公司委托联合资信进行信用评级的存续期内公开发行债券情况 | 上次主体评级结果 上次债项评级结果 上次评级时间 | 债券代码 | 债券简称 | | 债券余额 | 到期日 | | --- | --- | --- | --- | --- | --- | | 列入评级观察名单 列入评级观察名单 | 128119.SZ | 龙大转债 | A+/ A+/ 2025/06/26 | 9.46 亿元 | 2026/07/13 | 资料来源:公开资料,联合资信整理 自上次评级以来,联合资信关注到如下事项: 联合〔20 ...

公司于 2025 年 11 月 17 日召开 2025 年第三次临时股东会，审议通过了《关 于补选第六届董事会非独立董事的议案》，同意选举赵晓刚先生为公司第六届董 事会非独立董事（简历详见附件），任期自股东会审议通过之日起至第六届董事 会任期届满时止。 上述任职生效后，公司董事会中兼任公司高级管理人员以及由职工代表担任 的董事人数总计未超过公司董事总数的二分之一，符合相关法律法规及《公司章 程》等的规定。 特此公告。 山东龙大美食股份有限公司 债券代码：128119 债券简称：龙大转债 证券代码：002726 证券简称：龙大美食 公告编号：2025-095 山东龙大美食股份有限公司 关于变更董事的公告 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。 山东龙大美食股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日召开 第六届董事会第六次会议，审议通过《关于补选第六届董事会非独立董事的议案》， 具体内容详见公司于 2025 年 10 月 31 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.c ...

2025 年第三次临时股东会决议公告 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。 特别提示： 1.本次股东会未出现否决提案的情形。 2.本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 债券代码：128119 债券简称：龙大转债 证券代码：002726 证券简称：龙大美食 公告编号：2025-094 山东龙大美食股份有限公司 1、本次股东会的召开时间 （1）现场会议召开时间：2025 年 11 月 17 日下午 2:45； （2）网络投票时间：2025 年 11 月 17 日； 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 11 月 17 日上午 9:15-9:25，9:30-11:30，下午 1:00-3:00； 通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 11 月 17 日上午 9:15 至下午 3:00 期间的任意时间。 2、会议召开地点：四川省成都市双流区蓝润置地广场 T6-3,3 楼龙大美食会 议室。 3、会议召开方式：本次股东会采用现场表决与网络投票相结合的方式召开 ...

ZHONG LUN LU 中倫律師事務所 www.boomited Liability Partnership 北京中伦(成都)律师事务所 关于山东龙大美食股份有限公司 2025 年第三次临时股东会的 法律意见书 二〇二五年十一月 uth Tower of Tianfy International Financ High-tech Zone, Chengdu, Sichuar 电话/Tel : +86 28 6208 8001 传真/Fax : +86 28 6208 北京中伦(成都)律师事务所 关于山东龙大美食股份有限公司 2025年第三次临时股东会的 法律意见书 致:山东龙大美食股份有限公司 北京中伦(成都)律师事务所(以下简称"本所")接受山东龙大美食股份 有限公司(以下简称"公司")的委托,就公司2025年第三次临时股东会(以下 简称"本次股东会")的召集和召开程序、召集人资格、出席和列席会议人员资 格、表决程序及表决结果等事宜,根据《中华人民共和国公司法》(以下简称"《公 司法》"）、《上市公司股东会规则》(以下简称"《股东会规则》")等法律、 行政法规、规范性文件以及《山东龙大美食股份有限公司章程 ...

Investment Rating - The industry rating is "Recommended" [3] Core Insights - The report highlights the ongoing challenges in the pork market, with prices experiencing a downward trend, currently at 11.90 CNY/kg, a decrease of 1.18% week-on-week. The market is characterized by a supply-demand tug-of-war, with large-scale pig farms adopting strategies to control supply and increase prices [2][12] - The report emphasizes the importance of the seed industry revitalization action plan, aiming for high-quality development during the 14th Five-Year Plan period, focusing on technological self-reliance and independent control of seed sources [1][11] - The report suggests that the commercialization of genetically modified crops will accelerate, significantly impacting yield improvements and self-sufficiency rates for key varieties [1][11] Summary by Sections Planting Industry Chain - The Ministry of Agriculture and Rural Affairs held a meeting to promote the revitalization of the seed industry, emphasizing the need for high-quality development and technological independence. Key actions include improving seed quality, protecting intellectual property, and enhancing biosecurity measures [1][11] - Recommended companies in the planting sector include Beidahuang and Suqian Agricultural Development, with a focus on leading seed companies like Dabeinong and Longping High-Tech [1][11] Swine Farming - The average price of live pigs is reported at 11.90 CNY/kg, with a notable decrease in losses for self-bred pigs to 114.81 CNY per head and 205.64 CNY for purchased piglets. The industry is still in a loss-making state but is seeing a reduction in losses compared to previous weeks [2][12] - The report anticipates a long-term upward adjustment in domestic pig prices, driven by policy guidance aimed at improving quality and efficiency in the industry [2][12] - Recommended stocks in the swine sector include companies like Muyuan Foods, Wens Foodstuff Group, and DeKang Agriculture [2][12] Key Agricultural Product Data Tracking - Corn: The average price is 2256.27 CNY/ton, up 0.92% week-on-week [25] - Wheat: The average price is 2485.11 CNY/ton, down 0.15% week-on-week [28] - Soybeans: The average price is 4011.58 CNY/ton, up 0.10% week-on-week [40] - Cotton: The average price is 14640.00 CNY/ton, up 0.10% week-on-week [45]

Core Insights - Longda Food reported that as of November 10, the number of shareholders reached 43,989 [2] Group 1 - The company engaged with investors through an interactive platform, indicating a commitment to transparency and communication [2]

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]