Group 1 - The core point of the article is that a major shareholder and director of the company, Ma Hongfu, plans to reduce his stake in the company by selling up to 5,807,000 shares, which represents 3.00% of the total share capital [1] Group 2 - The reduction in shares will be executed through centralized bidding and block trading methods [1] - The reason for the share reduction is attributed to Ma Hongfu's personal funding needs [1]

Core Viewpoint - The stock price of Zhuangyuan Pasture has shown a year-to-date increase of 43.56%, but has recently experienced a decline of 3.74% over the last five trading days and 9.84% over the last twenty days, indicating volatility in its performance [2]. Group 1: Stock Performance - As of December 10, Zhuangyuan Pasture's stock price was 10.81 yuan per share, with a market capitalization of 2.114 billion yuan [1]. - The company has been on the "龙虎榜" (a stock trading leaderboard) nine times this year, with the most recent appearance on October 13, where it recorded a net buy of -21.8689 million yuan [2]. - The stock has a trading volume of 30.4216 million yuan on December 10, with a turnover rate of 1.62% [1]. Group 2: Financial Performance - For the period from January to September 2025, Zhuangyuan Pasture reported a revenue of 629 million yuan, a year-on-year decrease of 3.10%, while the net profit attributable to shareholders was -48.4408 million yuan, showing a year-on-year increase of 59.08% [3]. - The company has distributed a total of 64.6932 million yuan in dividends since its A-share listing, with 12.1953 million yuan distributed over the last three years [4]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Zhuangyuan Pasture was 18,100, a decrease of 12.97% from the previous period, while the average number of circulating shares per person increased by 14.91% to 9,466 shares [3]. - Notable institutional holdings include Noan Multi-Strategy Mixed A (320016) as the sixth largest shareholder with 1.4498 million shares, an increase of 350,200 shares from the previous period, and Citic Prudential Multi-Strategy Mixed (LOF) A (165531) as the eighth largest shareholder with 952,400 shares, marking a new entry [4]. Group 4: Business Overview - Zhuangyuan Pasture, established on April 25, 2000, and listed on October 31, 2017, is primarily engaged in the production, processing, and sales of dairy products and milk beverages, as well as dairy farming [2]. - The company's main revenue sources include sterilized milk (37.04%), fermented milk (24.37%), and other dairy products [2].

Core Viewpoint - The announcement details the partial release of share pledges by a major shareholder of Lanzhou Zhuangyuan Pastoral Co., Ltd., indicating a potential shift in shareholder confidence and liquidity management [1] Group 1: Shareholder Information - Major shareholder Mr. Ma Hongfu has had a portion of his pledged shares released [1] - The company confirms that the information disclosed is accurate and complete, ensuring transparency for investors [1] Group 2: Pledge Status - As of the announcement date, the total pledged shares held by the shareholder and their concerted actions are outlined, although specific figures are not provided in the text [1] Group 3: Compliance and Documentation - The company commits to adhering to relevant laws and regulations regarding information disclosure [1] - Documents related to the share pledge and its release are available for review, including detailed records from the China Securities Depository and Clearing Corporation [1]

Group 1 - The core point of the article is that Zhuangyuan Pasture announced the release of share pledges by a major shareholder, Mr. Ma Hongfu, which may impact the company's stock liquidity and investor sentiment [2] - Mr. Ma Hongfu's 5,867,000 shares will be released from pledge on December 8, 2025, representing 18.22% of his total holdings and 3% of the company's total share capital [2]

Core Viewpoint - The announcement indicates that major shareholder Ma Hongfu has released a pledge on 5.867 million shares of the company, which represents 18.22% of his holdings and 3% of the total share capital [1] Summary by Relevant Sections Shareholder Actions - Ma Hongfu, holding over 5% of the company's shares, has unpledged 5.867 million shares, effective from September 11, 2023, to December 8, 2025 [1] - After this unpledging, Ma Hongfu retains 32.1974 million shares, which is 16.47% of the total shares [1] Pledged Shares - Following the unpledging, the number of pledged shares held by Ma Hongfu is now 26.321 million, accounting for 81.75% of his total holdings and 13.46% of the company's total share capital [1]

Group 1 - The core point of the article highlights that Zhuangyuan Pasture has reported that as of the announcement date, Ma Hongfu has pledged approximately 26.32 million shares, accounting for 81.75% of his total holdings [1] - As of the report date, Zhuangyuan Pasture's market capitalization is 2.2 billion yuan [2] - For the first half of 2025, Zhuangyuan Pasture's revenue composition is as follows: liquid milk and dairy products manufacturing accounts for 92.63%, livestock farming accounts for 4.6%, and other businesses account for 2.77% [1]

Core Viewpoint - The company announced that major shareholder Ma Hongfu has released part of his pledged shares, which may indicate a positive outlook on the company's performance and shareholder confidence [1] Shareholder Information - Ma Hongfu released 5.867 million shares from pledge, accounting for 18.22% of his holdings and 3% of the company's total share capital [1] - As of the announcement date, Ma Hongfu holds 32.1974 million shares, representing 16.47% of the company [1] - After the release, the pledged shares amount to 26.321 million, which is 81.75% of his holdings and 13.46% of the company's total share capital [1] Pledge Details - The release of the pledged shares started on September 11, 2023, and will end on December 8, 2025 [1] - The pledgee for the released shares is Wang Guofu [1]

持股 5%以上股东部分股份解除质押的公告 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。 兰州庄园牧场股份有限公司（以下简称"公司"）近日通过中国证券登记结 算有限责任公司深圳分公司查询获悉，公司持股5%以上股东马红富先生所持有的 部分股份办理了解除质押，具体事项如下： 二、股东股份累计质押情况 | 股 东 名 | 是否为控股 股东或第一 大股东及其 | 本次解除质 押股份数量 | 占其所 持股份 | 占公 司总 股本 | 起始日 | 解除日期 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | 称 | 一致行动人 | （股） | 比例 | 比例 | | | | | 马 | | | | | | | | | 红 | 否 | 5,867,000 | 18.22% | 3% | 2023年9月11日 | 2025年12月8日 | 王国福 | | 富 | | | | | | | | 截至公告披露日，上述股东及其一致行动人所持质押股份情况如下： | | | | | | | | 已质押股份 | | 未质押 ...

Core Viewpoint - The company, Lanzhou Zhuangyuan Pasture Co., Ltd., is expanding its business into the pet food sector while maintaining its stronghold in the dairy industry, despite facing challenges from rising costs and intense market competition [3]. Company Overview - Lanzhou Zhuangyuan Pasture Co., Ltd. primarily engages in the production, processing, and sales of dairy products and dairy beverages, as well as dairy cattle farming. Its product range includes pasteurized milk, sterilized milk, formulated milk, fermented milk, and various liquid dairy products under the brands "Zhuangyuan Pasture," "Shenghu," and "Dongfang Duoxian Zhuangyuan" [2]. - The company has established itself as a leading dairy product enterprise in Gansu and Qinghai, holding a market share of 20% [2]. Business Strategy - The company adheres to a development philosophy of "survival through quality" and a balanced development strategy that aligns market development with supply capacity. It focuses on creating a safe and controllable production and sales system centered around its production bases [2]. - The company actively supports national rural revitalization policies by engaging in various initiatives that enhance farmers' income, such as signing logistics agreements with local cooperatives and adopting an "enterprise + base + farmer" model for purchasing crops [4]. Financial Performance - For the period from January to September 2025, the company reported a revenue of 629 million yuan, a year-on-year decrease of 3.1%. However, it achieved a net profit attributable to shareholders of -48.44 million yuan, reflecting a year-on-year increase of 59.08% [9]. - The company's main revenue sources include sterilized milk (37.04%), fermented milk (24.37%), and formulated milk (22.21%) [9]. Recent Developments - At the 27th Asia Pet Expo, the company launched its pet food brand "Safiyy," which features a unique "milk beef" as a core ingredient, marking its entry into the pet food market [3].

Core Viewpoint - The stock of Zhuangyuan Pastoral experienced a decline of 2.10% on December 9, with a current price of 10.73 yuan per share, reflecting a market capitalization of 2.098 billion yuan. The company has seen a year-to-date stock price increase of 42.50% but has faced recent declines over the past five and twenty trading days [1]. Group 1: Stock Performance - As of December 9, Zhuangyuan Pastoral's stock price is 10.73 yuan, with a trading volume of 16.1984 million yuan and a turnover rate of 0.87% [1]. - The stock has experienced a year-to-date increase of 42.50%, but has declined by 4.45% over the last five trading days and 11.10% over the last twenty trading days [1]. - The company has appeared on the "龙虎榜" (a stock trading list) nine times this year, with the most recent appearance on October 13, where it recorded a net buy of -21.8689 million yuan [1]. Group 2: Financial Performance - For the period from January to September 2025, Zhuangyuan Pastoral reported a revenue of 629 million yuan, a year-on-year decrease of 3.10%, while the net profit attributable to shareholders was -48.4408 million yuan, showing a year-on-year increase of 59.08% [2]. - The company has distributed a total of 64.6932 million yuan in dividends since its A-share listing, with 12.1953 million yuan distributed in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, Zhuangyuan Pastoral had 18,100 shareholders, a decrease of 12.97% from the previous period, with an average of 9,466 circulating shares per shareholder, an increase of 14.91% [2]. - Notable institutional holdings include Noan Multi-Strategy Mixed A, which is the sixth largest shareholder with 1.4498 million shares, an increase of 350,200 shares from the previous period [3].