山东仙坛集团股份有限公司（以下简称"公司"）因生产经营需要，2026 年 度公司及控股子公司预计与烟台仙丰包装彩印有限公司、烟台仙鹏塑料制品有限 公司发生采购包装物等日常关联交易。 2026 年 2 月 9 日，公司第五届董事会独立董事专门会议 2026 年第一次会议 审议通过了《关于公司 2026 年度预计日常关联交易的议案》。2026 年 2 月 9 日， 公司第五届董事会第十六次会议审议通过《关于公司 2026 年度预计日常关联交 易的议案》，关联董事王寿纯、王寿恒在审议该议案时均予以回避表决。按照《公 司章程》及公司《关联交易制度》的规定，上述关联交易议案只需经董事会审议 通过，无需经股东会审议。本次关联交易不构成《上市公司重大资产重组管理办 法》规定的重大资产重组，无需经过其他有关部门批准。 2025 年 4 月 18 日，公司第五届董事会第十一次会议审议通过《关于公司 2025 年度预计日常关联交易的议案》，预计公司 2025 年度将与烟台仙丰包装彩 印有限公司、烟台仙鹏塑料制品有限公司发生关联交易的额度为 3,500 万元、 3,000 万元，关联董事王寿纯、王寿恒在审议该议案时均予以回避表决。 ...

山东仙坛集团股份有限公司 关于召开公司 2026 年第一次临时股东会的通知 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。 山东仙坛集团股份有限公司（以下简称"公司"）于 2026 年 02 月 09 日召开第五届董 事会第十六次会议，决定于 2026 年 03 月 02 日在公司会议室召开 2026 年第一次临时股东会 （以下简称"本次股东会"），现就召开本次股东会的相关事项通知如下： 一、召开会议的基本情况 1、股东会届次：公司 2026 年第一次临时股东会 2、股东会的召集人：董事会 证券代码：002746 证券简称：仙坛股份 公告编号：2026-005 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上 市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等 法律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2026 年 03 月 02 日 14:30 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 03 月 02 日 ...

证券代码：002746 证券简称：仙坛股份 公告编号：2026-003 山东仙坛集团股份有限公司 第五届董事会第十六次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 山东仙坛集团股份有限公司（以下简称"公司"）第五届董事会第十六次会 议于 2026 年 2 月 9 日在公司三楼会议室以现场和通讯相结合的方式召开，通知 已于 2026 年 2 月 1 日以通讯、书面方式送达公司全体董事。本次会议由董事长 王寿纯先生主持，会议应出席董事 7 人，实际出席会议董事 7 人，独立董事史宇 女士以通讯方式出席会议并行使表决权。公司高级管理人员列席会议。本次会议 的召集、召开符合《中华人民共和国公司法》和《公司章程》的规定。 会议以记名投票表决方式审议并通过如下决议： 一、审议通过《关于选举公司第六届董事会非独立董事的议案》 公司第五届董事会任期届满。经公司董事会提名委员会提名，董事会同意提 名王寿纯先生、王寿恒先生、姜建平先生、王清女士、许士卫先生为公司第六届 董事会非独立董事候选人，并提交公司 2026 年第一次临时股东会，采取累积投 票制进行表决。董事 ...

Core Viewpoint - The company reported significant growth in chicken product sales revenue and volume for January 2026, indicating strong performance in both the poultry farming and food processing sectors [1] Group 1: Sales Performance - The company achieved chicken product sales revenue of 546 million yuan and sales volume of 55,900 tons in January 2026, representing year-on-year changes of 54.90% and 44.89%, respectively [1] - The poultry farming and processing sector generated chicken product sales revenue of 484 million yuan and sales volume of 51,800 tons, with year-on-year changes of 52.02% and 43.28% [1] - The food processing sector reported chicken product sales revenue of 61.99 million yuan and sales volume of 4,100 tons, showing year-on-year changes of 81.69% and 69.09% [1] Group 2: Month-on-Month Changes - The month-on-month changes for the overall chicken product sales revenue and volume were 3.01% and 1.49%, respectively [1] - The poultry farming and processing sector experienced month-on-month changes of 2.46% in revenue and 1.14% in volume [1] - The food processing sector saw month-on-month changes of 7.52% in revenue and 6.21% in volume [1]

Investment Rating - The report gives an "Overweight" rating for the agricultural industry, indicating that it is expected to outperform the overall market [3][10]. Core Insights - The 2026 Central Document emphasizes food security and agricultural modernization, reiterating the importance of "new agricultural productivity" and the continuous focus on seed industry revitalization, particularly in biological breeding [4]. - In livestock, there is a shift towards "strengthening" comprehensive regulation of pig production capacity, with a focus on stabilizing the beef and dairy industries, and promoting dairy product consumption [4]. - The document highlights the importance of grain security, aiming to stabilize grain production at around 14 trillion jin, and introduces measures to enhance grain circulation efficiency [4]. - The report outlines the implementation of agricultural technology, including the integration of artificial intelligence with agriculture, and identifies key application scenarios such as drones, IoT, and robotics [4]. - The report suggests three main investment focuses: the recovery of the beef and dairy industries, the expected rebound in the pig cycle, and the continued advancement of the seed industry and biological breeding [4]. Summary by Sections Livestock Industry - The report indicates a comprehensive approach to regulating pig production capacity and acknowledges the success of measures taken to support the beef and dairy industries [4]. - It also mentions the introduction of multiple measures to promote dairy product consumption for the first time [4]. Crop Production - The focus remains on food security, with a commitment to stabilize grain production and enhance the efficiency of grain circulation [4]. - The report introduces a new round of initiatives aimed at increasing grain production capacity, particularly for oilseed crops like soybeans [4]. Seed Industry - The report emphasizes the ongoing implementation of seed industry revitalization actions and the acceleration of biological breeding industrialization [4]. - It notes the continuous mention of biological breeding in the Central Document over the past six years, highlighting its growing importance [4]. Agricultural Technology - The report outlines the path for implementing new agricultural productivity, emphasizing the need for technology integration, particularly in AI applications [4]. Agricultural Trade - The report advocates for the coordination of agricultural trade and production, promoting diversification of agricultural imports and supporting the export of competitive agricultural products [4].

Group 1 - The aquaculture sector increased by 0.38% on January 28, with Xiaoming Co. leading the gains [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] - Xiaoming Co. saw a closing price of 21.63, with a rise of 10.41%, and a trading volume of 224,700 shares, amounting to a transaction value of 468 million yuan [1] Group 2 - The main funds in the aquaculture sector had a net inflow of 163 million yuan, while retail funds had a net inflow of 149 million yuan [2] - The stock "Wens Foodstuffs" had a significant trading volume of 713,100 shares, with a transaction value of 1.089 billion yuan, but experienced a slight decline of 0.52% [2] - The stock "Xiaoming Co." had a net inflow of 20.89 million yuan from main funds, while retail funds showed a net outflow of 7.58 million yuan [3]

Investment Rating - The industry investment rating is "Buy" [2] Core Insights - The poultry industry is expected to see an improvement in the supply chain in 2026, driven by a rebound in prices and a gradual recovery in profitability for the breeding sector [5][91] - The integration trend within the industry is becoming more pronounced, with leading companies benefiting from their downstream channel advantages and collaborative efforts across the supply chain [5][24] - The domestic poultry sector is experiencing a shift towards self-breeding and the replacement of imported breeds due to disruptions caused by avian influenza outbreaks abroad [5][39] Summary by Sections 1. 2025 Poultry Industry Maintains Marginal Profitability, Clear Integration Trend - The poultry industry maintained marginal profitability in 2025, with upstream breeding segments performing better than downstream farming and processing sectors [5][14] - The average price of parent stock chicks in 2025 was 44.75 CNY/set, a slight decrease of 0.7% year-on-year, while the average price of commercial chicks was 2.51 CNY each, down 13% year-on-year [5][17] - The total slaughter volume of the top 10 companies reached 4.274 billion birds, accounting for 45.99% of the market, indicating a trend towards consolidation [5][24] 2. Avian Influenza Disrupts Imports, Accelerates Domestic Breed Replacement - In 2025, the cumulative update of grandparent stock chickens was 1.574 million sets, a year-on-year increase of 4.9%, with domestic breeds accounting for approximately 60% of the updates [5][39] - The outbreak of avian influenza in France in December 2025 led to a halt in overseas imports, increasing the uncertainty of supply from abroad [5][46] - Domestic breeds are showing improved performance, with the replacement rate of domestic breeds rising to 34% in 2025 [5][57] 3. 2026 Supply Chain Expected to Improve, Capacity Elasticity Remains a Concern - The inventory of grandparent stock chickens is expected to decline in early 2026, with estimates showing a year-on-year decrease of approximately 3.3% and 12% in March and April, respectively [5][69] - The overall supply of the poultry industry is anticipated to gradually improve in 2026, with profitability expected to return to the breeding sector [5][87] - The report emphasizes the importance of monitoring parent stock chick sales as a key indicator of supply trends [5][76] 4. Investment Recommendations - The report suggests focusing on companies such as Shengnong Development, Yisheng, Minhe, Xiantan, and Hefeng, which are well-positioned to benefit from the ongoing integration and recovery in the poultry industry [5][91]

Group 1 - The company, Xiantan Co., Ltd. (002746.SZ), has stated that there are currently no plans for share buybacks or cancellations [1] - The company will comply with relevant laws and regulations for timely information disclosure if any buyback plans arise in the future [1]

Investment Rating - The industry investment rating is "Recommended" [4] Core Viewpoints - The report indicates that after a rise, the price of broiler chickens has slightly decreased, while the price of chick seedlings has stabilized at a high level [2][9] - The report highlights that the supply of broiler chickens is currently tight due to external weather factors and chicken diseases affecting survival rates, which initially supported price increases [9] - The report suggests that the recent outbreak of highly pathogenic avian influenza in France may lead to a supply gap, potentially improving industry conditions [45] Summary by Sections Market Overview - In December, the average transaction price of broiler chickens was 3.68 yuan per jin, showing a trend of rising first and then falling [9] - The average price of chick seedlings for December was 3.56 yuan per chick, with prices initially rising due to demand from large-scale farms [9][12] Production Capacity - As of December 2025, the average stock of parent broiler chickens was 21.3 million sets, down 2.7% year-on-year [3][33] - The average stock of grandparent broiler chickens was 1.3586 million sets, up 6.4% year-on-year [32][35] Financial Performance - In December, the profit from broiler chicken farming was -0.26 yuan per bird, while the profit from hatcheries was 0.77 yuan per bird [40][42] - The report notes that the sales volume of broiler meat for Shengnong was 147,600 tons, up 14.24% year-on-year, and for Xiantan, it was 55,100 tons, up 11.99% year-on-year [21][27] Investment Recommendations - The report recommends focusing on companies such as Shengnong Development, Yisheng Shares, and Hefeng Shares due to potential supply gaps and ongoing improvements in domestic breeding efficiency [45]

Core Viewpoint - The aquaculture sector experienced a decline of 2.68% on January 27, with Xiaoming Co. leading the drop [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] - Key stocks in the aquaculture sector showed significant declines, with Xiaoming Co. down 6.27% to a closing price of 19.59 [1] - Other notable declines included ST Tianshan down 5.40%, Fucheng Co. down 5.01%, and Huaying Agriculture down 3.66% [1] Group 2: Trading Volume and Capital Flow - The aquaculture sector saw a net outflow of 456 million yuan from main funds, while retail investors contributed a net inflow of 232 million yuan [1] - The trading volume for Xiaoming Co. was 125,200 shares, with a transaction value of 246 million yuan [1] - Lihua Co. had a net inflow of 14.20 million yuan from main funds, while retail investors had a net outflow of 30.52 million yuan [2]