Fundraising Overview - In 2021, the company raised a total of RMB 922.76 million through a non-public offering of A-shares, with a net amount of RMB 916.57 million after deducting related expenses [1] - In 2023, the company planned to raise RMB 1.60 billion by issuing 172,043,010 A-shares at a price of RMB 9.30 per share, resulting in a net amount of RMB 1.58 billion after expenses [2] Fund Management and Regulatory Compliance - The company established a fundraising management system to ensure the proper management and use of raised funds, complying with relevant laws and regulations [1][2] - A tripartite supervision agreement was signed with the banks and the sponsor to regulate the management of the raised funds [3][4] Fund Account Closure - The fundraising account from the 2021 non-public offering was closed as the funds had been fully utilized, and the related tripartite supervision agreement was terminated [5] - The fundraising account for the 2023 issuance was also closed after the funds were fully used, leading to the termination of the corresponding supervision agreement [5]

Core Viewpoint - The company has experienced a continuous decline in breeding costs throughout the year and plans to implement various measures to further reduce production costs in the future [1] Group 1 - The company stated that it will strengthen procurement management to lower production costs [1] - The company aims to optimize feed formulas as part of its cost-reduction strategy [1] - The company intends to improve production efficiency and breeding technology to achieve lower costs [1]

Core Viewpoint - The company, Huadong Co., has confirmed its strong financial position, indicating sufficient cash reserves and healthy operating cash flow, while maintaining stable profitability in its slaughtering segment [2] Financial Health - The company reports that its monetary funds are ample and its operating cash flow is robust, reflecting a solid financial status [2] - The cost of breeding has been continuously decreasing, contributing to improved profitability [2] Business Operations - All business segments of the company are operating normally, indicating stability across its various operations [2] - The slaughtering segment has shown long-term stable profitability, which is a positive sign for the company's overall performance [2] Market Considerations - The stock price in the secondary market is influenced by various factors, and the company advises investors to be cautious and aware of investment risks [2]

Group 1 - The company Huadong Co., Ltd. announced the completion of the use of raised funds stored in the Agricultural Bank of China, Yiwu Yiting Branch, leading to the cancellation of the dedicated fund account [2] - Following the cancellation of the dedicated fund account, the tripartite supervision agreement signed with Agricultural Bank of China and China Merchants Securities on October 25, 2023, will also be terminated [2] - Lanxi Feed has also completed the use of raised funds stored in the Shanghai Pudong Development Bank, Quzhou Branch, resulting in the cancellation of its dedicated fund account [2] - The cancellation of Lanxi Feed's dedicated fund account will terminate the quadripartite supervision agreement signed with Shanghai Pudong Development Bank and China Merchants Securities on May 14, 2025 [2]

证券代码：002840 证券简称：华统股份 公告编号：2025-139 浙江华统肉制品股份有限公司 关于注销部分募集资金专户的公告 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。 1、2021 年非公开发行 A 股股票募集资金专户 为了规范募集资金的管理和使用，提高资金使用效率和效益，保护投资者权 益，本公司按照《中华人民共和国公司法》《中华人民共和国证券法》《深圳证券 交易所股票上市规则（2020 年修订）》和《深圳证券交易所上市公司规范运作指 引（2020 年修订）》等有关法律、法规和规范性文件的规定，结合公司实际情况， 制定了《浙江华统肉制品股份有限公司募集资金管理制度》（以下简称"《管理制 度》"）。根据《管理制度》，本公司对募集资金实行专户存储，在银行设立募集资 金专户，并连同保荐机构万联证券股份有限公司（以下简称"万联证券"）于 2022 年 7 月 19 日分别与兴业银行股份有限公司义乌分行、中国农业银行股份有限公 司义乌分行签订了《募集资金三方监管协议》。 2023 年度公司因拟向特定对象发行 A 股股票另行聘请招商证券股份有限公 司（以下简称 ...

Group 1 - The core point of the article is that Zhejiang Huatong Meat Products Co., Ltd. has won the bid for the frozen pork reserve project in Longyou County, with a contract amount of 158.34 million [1][2] - The project announcement was published by the Longyou County Economic and Information Technology Bureau on December 28, 2025 [2] - Zhejiang Huatong Meat Products Co., Ltd. has invested in 80 enterprises and participated in 119 bidding projects, indicating its active role in the industry [1] Group 2 - The company holds 52 trademark registrations, 15 patents, and 1 copyright, showcasing its intellectual property portfolio [1] - Additionally, Zhejiang Huatong has obtained 5,232 administrative licenses, reflecting its compliance and operational capabilities [1]

保荐代表人： 招商证券股份有限公司 关于浙江华统肉制品股份有限公司 2025年度持续督导定期现场检查报告 | 保荐人名称：招商证券股份有限公司 | 被保荐公司简称：华统股份 | | | | --- | --- | --- | --- | | 保荐代表人姓名：李静 | 联系电话：0755-82943145 | | | | 保荐代表人姓名：杨爽 | 联系电话：0755-82943145 | | | | 现场检查人员姓名：李静、刘恒 | | | | | 现场检查对应期间：2025年度（"核查期间"） | | | | | 现场检查时间：2025 年12月23日至2025 年12月24日 | | | | | 一、现场检查事项 | | 现场检查意见 | | | （一）公司治理 | 是 | 否 | 不适用 | | 现场检查手段（包括但不限于本指引第三十三条所列）： | | | | | 1.公司章程和公司治理制度是否完备、合规 | √ | | | | 2.公司章程和三会规则是否得到有效执行 | √ | | | | 3.三会会议记录是否完整，时间、地点、出席人员及会议内容等要件是否齐 | √ | | | | 备，会议资料是否保 ...

招商证券股份有限公司 关于浙江华统肉制品股份有限公司 2025年度持续督导培训情况的报告 深圳证券交易所： 招商证券股份有限公司（以下简称"招商证券"、"保荐机构"）根据《深 圳证券交易所上市公司自律监管指引第 13 号——保荐业务》对浙江华统肉制 品股份有限公司（以下简称"华统股份"、"上市公司"、"公司"）进行了 2025 年 度持续督导培训，报告如下： 一、本次持续督导培训的基本情况 （一）保荐机构：招商证券股份有限公司 （二）保荐代表人：李静、杨爽 （三）培训时间：2025 年12 月23日 （四）培训地点：浙江省义乌市北苑街道西城路 198 号华统股份会议室及线 上培训 （五）培训人员：李静、刘恒 保荐机构本次持续督导培训的工作过程中，公司积极予以配合，保证了培 训工作的有序进行，达到了良好效果。 三、本次持续督导培训的结论 保荐机构按照《深圳证券交易所上市公司自律监管指引第 13 号——保荐业 务》的有关要求，对华统股份进行了 2025 年度持续督导培训。 招商证券认为：通过本次培训，有效地巩固上市公司董事、高级管理人员 及实际控制人相关人员在募集资金使用与管理、信息披露、股票交易等方面的 法律知 ...

Investment Rating - The industry investment rating is "Positive" (maintained) [2] Core Views - The supply of fat pigs is tight, leading to an upward trend in pig prices before the New Year, supported by both supply and demand factors [4][14] - The export value of pet food has improved month-on-month, benefiting from increased export volumes, although the unit price remains under pressure [5][21] - The pig farming sector is experiencing accelerated losses, while the pet food sector is seeing a rise in domestic brands due to consumption upgrades and tariff barriers [6][23][25] Summary by Sections Weekly Observation - The average price of live pigs in China as of December 28, 2025, is 12.21 CNY/kg, with a week-on-week increase of 0.78 CNY/kg and a year-on-year decrease of 3.49 CNY/kg [4][14] - The average weight of pigs sold is 129.70 kg, with a slight decrease from the previous week [14] Weekly Market Performance (Dec 22-26) - The agricultural index underperformed the market by 1.63 percentage points, with the Shanghai Composite Index rising by 1.88% and the agricultural index by 0.25% [26][30] Price Tracking (Dec 22-26) - The average price of live pigs is 11.63 CNY/kg, with a week-on-week increase of 0.05 CNY/kg [37] - The average price of broiler chickens is 7.82 CNY/kg, with a week-on-week increase of 6.39% [37] Key Recommendations - Recommended stocks in the pig farming sector include Muyuan Foods, Wens Foodstuff, and Juxing Agriculture [6][23] - In the feed sector, recommended stocks include Haida Group and New Hope Liuhe [6][23] - For the pet food sector, recommended stocks include Guibao Pet, Zhongchong Co., and Petty [6][25]

Core Viewpoint - The company focuses on an integrated business model centered around livestock farming and slaughtering, with a strategic emphasis on pig farming and slaughtering [1] Group 1 - The company operates in the livestock farming and slaughtering industry, covering various segments including livestock farming, slaughtering, meat processing, and feed processing [1] - The company's main business activities include pig farming and slaughtering, which are considered its strategic priorities [1]