Group 1 - The core point of the article is that Huaton Co., Ltd. (SZ 002840) held its 24th meeting of the 5th board of directors on November 7, 2025, to review proposals including changes to certain accounting estimates [1] - For the first half of 2025, Huaton's revenue composition was as follows: slaughtering and meat processing accounted for 97.59%, other industries 1.56%, poultry farming 0.68%, and feed industry 0.17% [1] - As of the report date, Huaton's market capitalization was 9.1 billion yuan [1]

证券代码：002840 证券简称：华统股份 公告编号：2025-115 浙江华统肉制品股份有限公司 关于变更部分会计估计的公告 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。 特别提示： 本次会计估计变更采用未来适用法，无需对已披露的财务报告进行追溯调整， 不会对公司的财务状况、经营成果和现金流量产生重大影响。 经初步测算，本次会计估计变更预计将减少公司2025年度固定资产折旧费用 155.62万元，增加归属于上市公司股东的净利润116.72万元，增加净资产116.72 万元（以上数据未经审计，最终影响数据以2025年度审计报告为准）。 | | | 本次变更前 | | | | --- | --- | --- | --- | --- | | 类别 | 折旧方法 | 折旧年限 | 残值率（%） | 年折旧率（%） | | 房屋及建筑物 | 年限平均法 | 10-20年 | 5.00%、10.00% | 4.50-9.50% | | | | 本次变更后 | | | | 类别 | 折旧方法 | 折旧年限 | 残值率（%） | 年折旧率（%） | | 房屋及建筑物 | ...

证券代码：002840 证券简称：华统股份 公告编号：2025-114 浙江华统肉制品股份有限公司 第五届监事会第二十次会议决议公告 本公司及监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。 经与会监事签字并加盖印章的第五届监事会第二十次会议决议。 特此公告。 浙江华统肉制品股份有限公司监事会 浙江华统肉制品股份有限公司（以下简称"公司"）第五届监事会第二十次 会议于 2025 年 11 月 4 日以电子邮件、电话通讯等形式发出通知，并于 2025 年 11 月 7 日以通讯方式召开。本次会议应到监事 3 名，实际到会监事 3 名，均采 用通讯方式表决。。会议由监事会主席卫彩霞女士主持，会议的召集和召开符合 《中华人民共和国公司法》等法律法规及公司章程的规定。 二、监事会会议审议情况 1、审议并通过《关于公司变更部分会计估计的议案》 经审核，监事会认为：本次会计估计变更符合《企业会计准则第 3 号——投 资性房地产》、《企业会计准则第 4 号——固定资产》、《企业会计准则第 28 号— 会计政策、会计估计变更和差错更正》等相关文件规定，变更后的会计估计更加 客观真实地反 ...

浙江华统肉制品股份有限公司 第五届董事会第二十四次会议决议公告 证券代码：002840 证券简称：华统股份 公告编号：2025-113 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。 一、董事会会议召开情况 浙江华统肉制品股份有限公司（以下简称"公司"）第五届董事会第二十四 次会议于 2025 年 11 月 4 日以电子邮件、电话通讯等形式发出通知，并于 2025 年 11 月 7 日在公司会议室以现场与通讯相结合方式召开。本次会议应到董事 7 名，实际到会董事 7 名，其中独立董事郭站红先生、吴天云先生、楼芝兰女士采 取通讯方式表决。会议由董事长朱俭军先生主持，公司监事、高级管理人员列席 了本次会议，会议的召集和召开符合《中华人民共和国公司法》等法律法规及公 司章程的规定。 二、董事会会议审议情况 1、审议并通过《关于公司变更部分会计估计的议案》 经审核，董事会认为：本次会计估计变更符合《企业会计准则第 3 号——投 资性房地产》、《企业会计准则第 4 号——固定资产》、《企业会计准则第 28 号— 会计政策、会计估计变更和差错更正》等相关文件规定，变更后的 ...

Core Insights - The food processing sector experienced a slight increase of 0.33% on November 6, with Huihua Foods leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] Stock Performance Summary - Huihua Foods (603536) closed at 12.75, up 3.49% with a trading volume of 335,400 shares and a transaction value of 424 million yuan [1] - Huadong Co. (002840) closed at 11.31, up 2.08% with a trading volume of 236,100 shares and a transaction value of 265 million yuan [1] - Quandawei (002626) closed at 20.28, up 1.40% with a trading volume of 100,100 shares and a transaction value of 203 million yuan [1] - Shuanghui Development (000895) closed at 26.10, up 0.89% with a trading volume of 80,100 shares and a transaction value of 209 million yuan [1] - Other notable stocks include Kemei Foods (002661) at 9.74, up 0.72%, and Zihua Co. (603102) at 43.50, up 0.51% [1] Capital Flow Analysis - The food processing sector saw a net outflow of 43.01 million yuan from institutional investors, while retail investors experienced a net outflow of 4.97 million yuan [2] - Speculative funds recorded a net inflow of 47.97 million yuan [2] Individual Stock Capital Flow - Huihua Foods (603536) had a net inflow of 26.54 million yuan from institutional investors, while retail investors saw a net outflow of 41.39 million yuan [3] - Shuanghui Development (000895) recorded a net inflow of 8.97 million yuan from institutional investors [3] - Kemei Foods (002661) had a net inflow of 4.63 million yuan from institutional investors, with retail investors experiencing a net outflow of 2.10 million yuan [3]

（文章来源：证券日报） 证券日报网讯华统股份11月6日在互动平台回答投资者提问时表示，公司股价受宏观经济形势、市场情 绪等众多因素影响，具有不确定性。截至目前，公司无应披露未披露的信息。后续如有相关计划，公司 将严格按照相关规定及时履行信息披露义务。 ...

Core Insights - The food processing sector experienced a slight increase of 0.09% on November 5, with Hai Xin Food leading the gains [1] - The Shanghai Composite Index closed at 3969.25, up 0.23%, while the Shenzhen Component Index closed at 13223.56, up 0.37% [1] Food Processing Sector Performance - Hai Xin Food (002702) closed at 5.12, with a rise of 3.85% and a trading volume of 615,300 shares, amounting to a transaction value of 315 million yuan [1] - Other notable performers included: - Gai Shi Food (920826) at 14.12, up 3.67% [1] - Xian Le Health (300791) at 24.44, up 2.82% [1] - Hui Fa Food (603536) at 12.32, up 2.75% with a significant trading volume of 397,100 shares, totaling 500 million yuan [1] Capital Flow Analysis - The food processing sector saw a net inflow of 39.12 million yuan from institutional investors, while retail investors experienced a net outflow of 89.80 million yuan [2] - Key stocks with significant capital flow included: - Hui Fa Food with a net inflow of 38.84 million yuan from institutional investors [3] - Hai Xin Food with a net inflow of 25.80 million yuan from institutional investors [3] - Ba Bi Food (605338) with a net inflow of 13.00 million yuan from institutional investors [3]

Core Insights - The stock price of Huadong Co., Ltd. increased by 2.03% on November 4, reaching 11.07 CNY per share, with a total market capitalization of 8.912 billion CNY [1] - The company has experienced a year-to-date stock price decline of 12.21%, but a slight increase of 1.56% over the past 20 days [1] - For the first nine months of 2025, Huadong Co. reported a revenue of 6.088 billion CNY, a year-on-year decrease of 6.13%, while net profit attributable to shareholders increased by 32.93% to 71.016 million CNY [2] Financial Performance - The company’s main revenue sources include fresh pork (94.51%), fresh poultry (2.42%), and other products [1] - Cumulative cash dividends since the A-share listing amount to 85.166 million CNY, with 16.549 million CNY distributed over the past three years [3] Shareholder Structure - As of September 30, 2025, the number of shareholders decreased by 4.94% to 33,300, while the average number of circulating shares per shareholder increased by 33.14% to 18,897 shares [2] - Major shareholders include招商产业精选股票A and银华农业产业股票发起式A, with changes in their holdings noted [3]

Investment Rating - The investment rating for the agriculture, forestry, animal husbandry, and fishery industry is "Positive" (maintained) [1] Core Insights - The industry is experiencing a downward trend in pig prices, leading to a de-stocking cycle in pig farming. The profitability of the agriculture sector has turned negative due to a significant drop in pig prices, with Q3 2025 profits down by 58.8% year-on-year [5][14] - The overall revenue for the agriculture sector in Q1-Q3 2025 reached 872.718 billion yuan, a year-on-year increase of 6.44%, while the net profit attributable to shareholders was 35.477 billion yuan, up 10.63% year-on-year [5][14] - The average price of pigs in Q3 2025 was 13.81 yuan/kg, down 28.89% year-on-year, with the lowest price of 10.84 yuan/kg recorded on October 13, 2025 [5][14] Summary by Sections Q3 2025 Observations - The agriculture sector's profit has decreased significantly due to unexpected declines in pig prices, leading to a negative profit margin for the sector [5][14] - The sales gross margin for the industry in Q1-Q3 2025 was 11.79%, a slight increase of 0.12 percentage points year-on-year, while the net profit margin was 4.21%, up 0.21 percentage points year-on-year [6][17] Profitability and Cost Management - The industry is focusing on cost reduction and efficiency improvement, with the expense ratio for Q1-Q3 2025 at 6.64%, down 0.58 percentage points year-on-year [6][17] - In Q3 2025, the sales gross margin fell to 10.71%, a decrease of 4.68 percentage points year-on-year, and the net profit margin dropped to 3.13%, down 4.71 percentage points year-on-year [6][17] Market Performance - The agriculture index outperformed the market by 1.88 percentage points during the week of October 27-31, 2025, with the agriculture index rising by 1.99% [26][28] - Key stocks such as Zhongxing Junye, Weilan Biotechnology, and Luoniushan led the gains in the agriculture sector, with increases of 19.60%, 13.23%, and 9.08% respectively [26][31] Price Tracking - As of October 31, 2025, the average price of pigs was 12.49 yuan/kg, an increase of 0.67 yuan/kg from the previous week, while the average price of piglets was 18.13 yuan/kg, up 0.47 yuan/kg [37][38] - The average price of beef was 66.30 yuan/kg, reflecting a slight increase of 0.09 yuan/kg from the previous week [38]

（编辑 任世碧） 证券日报网讯 10月31日晚间，华统股份发布公告称，公司以零对价受让华统集团有限公司持有的黄山 供赢华统股权投资合伙企业（有限合伙）（简称"供赢基金"）30%的财产份额（对应认缴出资人民币 30，000万元，未实缴出资）。基金规模为100，000万元，其中公司作为有限合伙人拟以自有或自筹资 金认缴30，000万元，认缴出资占比为30%。公司已与各相关方签署了《黄山供赢华统股权投资合伙企 业（有限合伙）私募基金份额转让协议》《黄山供赢华统股权投资合伙企业（有限合伙）合伙协议》。 近日，公司收到基金管理人通知，供赢基金已在中国证券投资基金业协会完成了备案手续，并取得了 《证券公司私募投资基金备案证明》。 ...