Investment Rating - The investment rating for the company is maintained as "Buy" with a target price of RMB 79.64 [1][10]. Core Insights - The company's stock repurchase plan, with a total amount of RMB 100-200 million and a maximum repurchase price of RMB 78.0 per share, reflects management's confidence in long-term growth. This repurchase scale and price are at historical highs, indicating a strong belief in future performance [6][7]. - The company is expected to benefit from the release of overseas production capacity and the growth of its proprietary brands, which aligns with industry trends [6][8]. Summary by Sections Financial Performance - Projected revenue for 2024 is RMB 4,465 million, with a growth rate of 19.15%. By 2027, revenue is expected to reach RMB 8,764 million, growing at 25.77% [5]. - The net profit attributable to the parent company is forecasted to be RMB 393.80 million in 2024, increasing to RMB 724.59 million by 2027, reflecting a growth rate of 31.34% [5]. - The earnings per share (EPS) is projected to grow from RMB 1.29 in 2024 to RMB 2.38 in 2027 [5]. Market Position and Trends - The company's proprietary brands, such as "Wang Pi" and "Ling Xian," are experiencing rapid growth, with projected GMV growth rates of 16% and 58% respectively for 2025 [8]. - The introduction of new product lines, such as the "Pong Pong" series, aligns with market trends towards functional and prescription pet food, indicating a strategic response to consumer demands [8]. Production and Capacity - The progress of the second factory in the United States is on track, which, along with the capacity release from factories in Mexico and Canada, is expected to mitigate tariff impacts [9]. - The exchange rate fluctuations are anticipated to have a manageable impact on revenue, with the USD to RMB exchange rate decreasing from 7.12 to 6.99, suggesting a limited effect on earnings [9].

经济观察网 2026年1月25日，中宠股份（002891）发布公告，公司拟1亿元至2亿元回购股份，回购价格 不超过78元/股。 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 现货黄金价格首次突破每盎司 5000 美元，日内涨0.5%，延续了此前的暴涨行情。此番涨势一方面源于 美国总统唐纳德・特朗普的政策对国际关系格局的重塑，另一方面则是因为投资者纷纷撤离主权债券与 外汇市场。 周一早盘交易中，金价再度走高。上周黄金价格已累计上涨 8.5%，疲软的美元进一步提振了市场对贵 金属的需求。 彭博美元即期指数当周下跌 1.6%，创下自 5 月以来的最大单周跌幅，这使得黄金与白银 对全球多数买家而言变得更加便宜。 8个交易日股票型ETF净流出近5000亿元 市场成交额或是背后的核心考量因素 在过去两周的震荡行情中，股票型ETF成交持续放量，部分宽基ETF成交额更是创上市以来新高。从资 金流向看，宽基ETF遭遇大幅赎回，过去8个交易日，股票型ETF净流出额接近5000亿元。从份额变动 情况看，多只宽基ETF的最新份额，已经低于中央汇金2025年底持有的份额。 美联储主席最热门人选出炉！ 美联储继任主席到底是谁近期牵动着市场神经。美国总统特朗普本周对全球资产管理巨头贝莱德公司高 管里克·里德尔的公开称赞，让这位华尔街资深人士迅速跃升为美联储继任 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002891证券简称：中宠股份 公告编号：2026-003 债券代码：127076 债券简称：中宠转2 烟台中宠食品股份有限公司关于第四届董事会第二十次会议决议的公告 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。 3、拟回购股份的价格上限：本次回购股份的价格为不超过78.00元/股（含），回购价格上限未超过公 司董事会审议通过回购股份方案前30个交易日公司股票交易均价的150%，具体回购价格将综合回购实 施期间公司二级市场股票价格、财务状况和经营情况确定； 一、董事会会议召开情况 2026年1月23日烟台中宠食品股份有限公司（以下简称"公司"）第四届董事会第二十次会议在公司会议 室以现场加通讯相结合的会议方式召开。会议通知已于2026年1月13日通过专人送达、电子邮件等方式 送达给董事和高级管理人员，本次会议应出席会议董事9人，实际出席会议董事9人，其中伊藤范和先 生、董海风女士、郝宸龙先生以通讯表决方式出席会议，公司董事长郝忠礼先生主持了本次会议，公司 全体高级管理人员列席会议，会议的召开符合《中 ...

重要新闻提示 北京：2026年经济社会发展主要预期目标包括地区生产总值增长5%左右 永杰新材：拟购买奥科宁克秦皇岛100%股权和奥科宁克昆山95%股权，预计构成重大资产重组 德力佳：拟50亿元投建10兆瓦以上风电用变速箱研发制造项目 今日提示 科创板新股北芯生命今日申购，申购代码为787712，发行价为17.52元/股 央行公开市场今日有2000亿元1年期中期借贷便利（MLF）和1583亿元7天期逆回购到期 国新办今日下午3时举行新闻发布会，商务部副部长鄢东介绍2025年商务工作及运行情况，并答记者问 中国信息通信研究院今日召开2026年"星算·智联"太空算力研讨会 第19届亚洲金融论坛今日在香港举行，首设"全球产业峰会"，涵盖人工智能与科技、新消费、生物医药 与医疗健康等高增长、高价值产业，聚焦金融与实体经济融合 财经新闻 1. 根据目前的发行安排，本周有3只新股申购，包括2只科创板新股、1只沪市主板新股。日程安排上， 科创板新股北芯生命周一（1月26日）申购，沪市主板新股林平发展、科创板新股电科蓝天周五（1月30 日）申购。详见宇航电源核心供应商，来了！ 2. Wind数据显示，本周（1月26日—1月30 ...

Group 1 - Shuangliang Energy is expected to report a net loss of between 1.06 billion to 780 million yuan in 2025 [1] - Oujing Technology has halted production at two subsidiaries to reduce losses [1] - Blue Sky Technology's controlling shareholder plans to transfer 2% of shares through inquiry [1] Group 2 - Zhongchong Co. plans to repurchase shares worth 100 million to 200 million yuan for convertible bond conversion [1] - Yitian Intelligent anticipates a total loss of between 186 million to 152 million yuan for the year 2025 [1] - Wannianqing received administrative regulatory measures from Jiangxi Securities Regulatory Bureau due to information disclosure violations [1] Group 3 - Jiangshan Oupai expects a pre-loss of 180 million to 230 million yuan in 2025 [1] - Hebang Bio received a warning letter due to revenue recognition and information disclosure issues [1] - Huazheng Convertible Bond is subject to forced redemption [1] Group 4 - Daotong Convertible Bond will not be forcibly redeemed [2] - Several convertible bonds including Huazheng, Ta21, and others will not undergo adjustments [2] - Lianrui Convertible Bond is set to be listed on January 28 [1]

4，先导智能：2025年净利同比预增424%-529%订单规模同比快速回升 先导智能(300450.SZ)发布2025年度业绩预告，预计归属于上市公司股东的净利润为15亿元-18亿元，比上年同期增长424.29%-529.15%。2025年全球动力电 池市场持续回暖，储能领域需求强劲增长，行业整体需求持续复苏，公司在新能源智能装备领域的龙头地位进一步巩固。随着国内头部电池企业开工率提 升、扩产节奏有序加快，公司订单规模同比快速回升，订单交付与项目验收节奏同步提速，推动了公司经营业绩的筑底回升与快速增长，整体盈利能力明 显提升。四季度公司毛利率已同环比回升。在现金流管理方面，公司加快设备验收及回款进度，2025年全年经营现金流回款情况显著改善，公司经营韧性 进一步增强。 1，永杰新材：拟购买奥科宁克秦皇岛100%股权和奥科宁克昆山95%股权预计构成重大资产重组 永杰新材(603271.SH)公告称，拟以支付现金方式购买奥科宁克中国持有的奥科宁克秦皇岛100%股权和奥科宁克昆山95%股权。本次交易的相关审计、评 估工作尚未完成，标的公司相关数据尚未经过会计师事务所的审计、评估机构的评估。本次交易预计构成重大资产重 ...

1月25日，中宠股份公告，公司拟以集中竞价交易方式回购股份。回购金额不低于1亿元且不超过2亿 元；回购价格不超78.00元/股。资金来源为自有资金、自筹资金，回购期限为12个月内。 中宠股份当前最新价为49.52元，今年以来，中宠股份股价累计下跌4.33%。此次公告拟定的最高回购价 格，比现价高57.51%。 股票回购往往被视为一种稳价措施。指上市公司用现金等方式从股票市场买回自家公司已经发行在外的 一定数额的股票。一般来讲，回购后可以注销，也可以用于实施员工持股计划或股权激励计划等。 资料显示，烟台中宠食品股份有限公司位于山东省烟台市莱山区飞龙路88号，成立日期2002年1月18 日，上市日期2017年8月21日，公司主营业务涉及主要从事犬用及猫用宠物食品的研发、生产和销售。 主营业务收入构成为：宠物零食62.89%，宠物主粮32.21%，宠物用品及其他4.90%。 截至1月10日，中宠股份股东户数3.37万，较上期增加2.45%；人均流通股9037股，较上期减少2.39%。 2025年1月-9月，中宠股份实现营业收入38.60亿元，同比增长21.05%；归母净利润3.33亿元，同比增长 18.21%。 分 ...

一、停复牌 1、锋龙股份：股价异动停牌核查。 2、嘉美包装：股价异动停牌核查。 3、湖南黄金：2025年净利润为12.70亿元至16.08亿元，同比增长50.00%至90.00%。业绩上涨主要是公 司金、锑、钨产品销售价格同比上涨。拟购买黄金天岳、中南冶炼100%股权，股票复牌。 4、龙韵股份：筹划购买愚恒影业58%股权，股票停牌。 二、回购 1、金开新能：拟5亿元-6亿元回购公司股份。 2、中宠股份：拟1亿元-2亿元回购公司股份。 三、并购重组 1、永杰新材：拟购买奥科宁克秦皇岛100%股权和奥科宁克昆山95%股权。奥科宁克秦皇岛主要从事铝 板带的研产销；奥科宁克昆山主要从事热管理相关铝板带的研产销。 2、晶升股份：拟8.57亿元购买为准智能100%股份。 2、德力佳：拟50亿元投建10兆瓦以上风电用变速箱研发制造项目。 3、天合光能：将剩余募集资金17亿元用于新项目"分布式智慧光伏电站建设项目"。 4、精智达：签订13.11亿元半导体测试设备销售合同。 5、蓝思科技：商业航天领域已实现批量供货，针对太空环境极端需求已研发出超薄光伏玻璃模组等。 6、北汽蓝谷：子公司拟投资19.91亿元建设享界超级工厂高端平 ...

Core Viewpoint - The company Zhongchong Co., Ltd. has announced a share buyback plan in response to a significant decline in its stock price and market capitalization, aiming to boost investor confidence and facilitate the conversion of convertible bonds [3][6]. Group 1: Buyback Plan Details - Zhongchong plans to use between 100 million and 200 million yuan for the buyback, with a maximum repurchase price set at 78.00 yuan per share, which is significantly higher than the current price of 49.52 yuan [3][5]. - The buyback is expected to cover approximately 2.564 million shares, accounting for about 0.84% of the total share capital [4]. - The buyback period is set for up to 12 months from the board's approval date [5]. Group 2: Market Context and Financial Performance - The company's stock price has dropped approximately 32.90% from its peak of 73.80 yuan in June 2025 to 49.52 yuan as of January 23, 2026 [6][9]. - Despite a revenue increase of 21.05% year-on-year to 3.86 billion yuan in the first three quarters of 2025, the net profit for the third quarter fell by 6.64% year-on-year to 130 million yuan [9]. - The company faced regulatory scrutiny due to a failure to disclose changes in shareholding related to convertible bond conversions, which has added to market concerns [9]. Group 3: Strategic Implications - The high buyback price suggests that management believes the current stock price is undervalued and aims to create favorable conditions for the conversion of convertible bonds [5][6]. - The company has a strong international presence, with 64.75% of its revenue coming from overseas in the first half of 2025, and is pursuing a global strategy that includes "global R&D + North American manufacturing + global sales" [9]. - The buyback initiative is seen as a move to reassure the market amid internal performance fluctuations and external stock price pressures [6][9].