Core Viewpoint - The rise of the "milk skin candy hawthorn" trend has transformed a traditional street snack into a social currency among young people, significantly impacting the stock prices of related companies [2][32]. Group 1: Market Trends - The "milk skin candy hawthorn" combines traditional hawthorn with innovative milk skin, appealing to the "check-in DNA" of young consumers [7][8]. - The popularity of this snack has led to long queues, with some consumers waiting over two hours to purchase it [10][17]. - Prices for this trendy snack have surged, with typical prices ranging from 20-30 yuan, and reaching up to 98 yuan in major cities like Shanghai and Shenzhen [24]. Group 2: Supply Chain and Pricing - The price of milk skin has experienced significant fluctuations, doubling from around 10 yuan to 20 yuan within a week due to high demand [32]. - Many companies are struggling to meet the supply, with reports of milk skin being sold out shortly after being made available [21]. - The stock prices of related companies, such as San Yuan and Zhuang Yuan, have surged, with some stocks hitting the daily limit [33]. Group 3: Company Performance - Despite the short-term stock price increases, the long-term fundamentals of several companies remain concerning, with many reporting revenue declines [33]. - For instance, Yili's revenue grew only 1.17% in the first three quarters, while other companies like San Yuan and Tianrun Dairy reported significant revenue drops [34]. - San Yuan's revenue decreased by over 10%, and the company has seen a substantial reduction in its distributor network [36]. Group 4: Health Concerns - The surge in popularity of milk skin candy hawthorn has led to health concerns among consumers, with reports of excessive sugar intake causing skin issues [41][42]. - Experts suggest moderation in consumption, especially for those with health conditions, highlighting the need for a balanced approach to trendy foods [42].

Core Viewpoint - The article discusses the rise of the "milk skin candy hawthorn" as a trending food item, which has transformed from a street snack into a social currency among young people, significantly impacting the stock prices of related companies [2][39]. Group 1: Trend and Popularity - The combination of traditional hawthorn candy with milk skin has created a unique product that resonates with the "check-in DNA" of young consumers, making it a must-try item on social media [8][9]. - The popularity has led to long queues at vendors, with some customers waiting up to two hours to purchase the product, indicating a strong demand [10][20]. - The price of milk skin candy has surged, with normal prices ranging from 20-30 yuan, and in major cities like Shanghai and Shenzhen, prices can reach up to 98 yuan per stick [28][31]. Group 2: Market Impact and Stock Performance - The price of milk skin has seen significant fluctuations, doubling from around 10 yuan to 20 yuan within a week, leading to supply shortages [37][38]. - Several listed companies related to dairy products, such as San Yuan and Zhuang Yuan, have seen their stock prices rise sharply, with some stocks hitting the limit up [39]. - Despite the short-term stock price increases, the long-term fundamentals of these companies remain a concern, as many have reported declining revenues [40][41]. Group 3: Financial Performance of Companies - For instance, Yili's revenue growth was only 1.17% in the first three quarters of the year, while other companies like San Yuan and Tianrun Dairy reported revenue declines of over 10% [41][42]. - San Yuan has faced significant challenges, with a 10% drop in revenue and a substantial reduction in the number of distributors, indicating operational difficulties [43][42]. - Tianrun Dairy also reported a nearly 4% revenue decline, attributed to challenges in expanding into new markets and increased competition [44][42]. Group 4: Health Concerns and Consumer Behavior - The article highlights emerging health concerns among consumers, with reports of adverse effects from excessive sugar intake associated with the milk skin candy [49][51]. - Medical professionals have noted that while moderate consumption may be acceptable, overindulgence can lead to health issues, emphasizing the need for consumer awareness [52][51]. - The phenomenon reflects a broader trend of consumer enthusiasm that may overlook potential health risks in pursuit of trendy food items [49].

Core Insights - The new consumer trend of "milk skin candy hawthorn" has gained immense popularity, leading to a threefold increase in prices and a supply shortage from manufacturers [1] - This trend is compared to the explosive popularity of barbecue in Zibo in 2023 and spicy hot pot in Tianshui in 2024 [1] - Related stocks in the A-share market have seen significant gains, with companies like San Yuan, Zhuangyuan Pasture, Tianrun Dairy, and Western Pastoral rising sharply [1] Market Dynamics - The online price of milk skin candy hawthorn has surged to 98 yuan per skewer in Shanghai, with cities like Hangzhou and Nanjing experiencing long queues as consumers are willing to wait up to three hours to try it [1] - The topic has dominated social media platforms, with posts featuring the candy garnering over ten thousand views, indicating its status as a new internet sensation [1]

Group 1 - The core point of the news is the performance of Xibei Animal Husbandry, which saw a stock price increase of 5.31% to 11.91 CNY per share, with a trading volume of 143 million CNY and a turnover rate of 5.82%, resulting in a total market capitalization of 2.517 billion CNY [1] - Xibei Animal Husbandry, established on June 18, 2003, and listed on August 20, 2010, is primarily engaged in dairy product processing and sales, feed production and sales, meat processing and sales, and breeding livestock [1] - The company's main business revenue composition is 96.71% from dairy products and 3.29% from other sources [1] Group 2 - Among the top circulating shareholders of Xibei Animal Husbandry, CITIC Prudential Fund has a fund that entered the top ten circulating shareholders, holding 816,700 shares, which is 0.39% of the circulating shares, with an estimated floating profit of approximately 490,000 CNY [2] - The CITIC Prudential Multi-Strategy Mixed Fund (LOF) A, established on June 16, 2017, has a latest scale of 1.133 billion CNY, with a year-to-date return of 47.23%, ranking 1264 out of 8219 in its category [2] - The fund has a one-year return of 47.68%, ranking 761 out of 8125, and a cumulative return since inception of 149.31% [2]

Core Viewpoint - Western Pastoral's stock has shown a significant increase this year, with a year-to-date rise of 31.44%, despite a recent decline over the past 60 days [1][2] Group 1: Stock Performance - As of November 10, Western Pastoral's stock price reached 11.54 CNY per share, with a market capitalization of 2.439 billion CNY [1] - The stock has experienced a net inflow of 2.8652 million CNY from major funds, with significant buying activity noted [1] - The company has appeared on the trading leaderboard twice this year, with the latest instance on April 10, where it recorded a net buy of 99.6349 million CNY [1] Group 2: Financial Performance - For the period from January to September 2025, Western Pastoral reported a revenue of 667 million CNY, reflecting a year-on-year decrease of 5.01% [2] - The company recorded a net loss attributable to shareholders of 36.6581 million CNY, which is an increase of 11.85% compared to the previous year [2] Group 3: Shareholder Information - As of October 31, 2025, the number of shareholders increased to 22,700, with an average of 9,309 circulating shares per shareholder [2] - The company has cumulatively distributed 21.169 million CNY in dividends since its A-share listing, with no dividends paid in the last three years [3] - Notable institutional shareholders include Harvest Agricultural Industry Stock A and CITIC Prudential Multi-Strategy Mixed A, with changes in their holdings reported [3]

Market Performance - On November 5, the Xinjiang state-owned enterprise reform sector rose by 1.08% compared to the previous trading day, with Western Gold 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] Stock Performance - Key stocks in the Xinjiang state-owned enterprise reform sector showed the following performance: - Western Gold (601069) closed at 27.39, up 3.55% with a trading volume of 252,400 shares and a turnover of 682 million yuan [1] - Xinjiang Tianye (600075) closed at 4.91, up 2.08% with a trading volume of 292,800 shares and a turnover of 143 million yuan [1] - Other notable stocks include: - Zhun Oil (002207) at 8.38, up 1.95% [1] - Western Animal Husbandry (300106) at 11.53, up 1.86% [1] Capital Flow - The Xinjiang state-owned enterprise reform sector experienced a net outflow of 863,300 yuan from main funds, while speculative funds saw a net inflow of 42.82 million yuan, and retail investors had a net outflow of 41.96 million yuan [2][3] - Specific stock capital flows included: - Western Gold had a main fund net outflow of 23.03 million yuan and a speculative fund net inflow of 43.15 million yuan [3] - Liti New Energy (001258) had a main fund net inflow of 21.27 million yuan [3]

Core Insights - As of October 31, the total number of shareholders for Western Pastoral Industry is 22,700 [2] Company Summary - The company has engaged with investors through an interactive platform, providing updates on shareholder numbers [2] - The current shareholder count reflects the company's engagement and transparency with its investor base [2]

Group 1 - The core point of the article is that Western Animal Husbandry (SZ 300106) announced the convening of its 20th meeting of the 4th Board of Directors on October 28, 2025, to review the proposal for the "2025 Q3 Report" [1] - For the first half of 2025, the company's revenue composition shows that the industrial segment (dairy processing) accounts for 96.71%, while other segments account for 3.29% [1] Group 2 - The A-share market has surpassed 4000 points, marking a significant resurgence after a decade of stagnation, with technology leading the market's transformation into a "slow bull" new pattern [1]

证券代码：300106 证券简称：西部牧业 公告编号：临2025-049 新疆西部牧业股份有限公司 第四届董事会第二十次会议决议公告 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。 为保持公司治理制度与相关法律法规及规范性文件的一致性，根 据《公司法》《证券法》《深圳证券交易所创业板股票上市规则》《深 1 新疆西部牧业股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日北京时间 10:30 在公司二楼会议室，以现场结合通讯方式召 开了第四届董事会第二十次会议。会议通知于 2025 年 10 月 18 日以 专人、传真或邮件方式送达了全体董事，会议由董事长刘羽先生召集 并主持，公司董事会成员在充分了解所审议事项的前提下，以现场结 合通讯投票方式对审议事项进行表决。本次会议在规定时间内应收回 表决票 7 张，实际收回表决票 7 张，公司高级管理人员列席了本次会 议，符合《公司法》和《公司章程》的有关规定。 与会董事审议通过如下决议： 1.审议《关于公司〈2025 年第三季度报告〉的议案》； 董事会经审核后认为，公司《2025 年第三季度报告》的内容 ...

新疆西部牧业股份有限公司 内部审计制度 第二章 内部审计机构及人员 第四条 公司董事会下设审计委员会。董事会审计委员会由 3 名 不在公司担任高级管理人员的董事组成，其中独立董事 2 名，召集人 （即审计委员会主任）应当由独立董事担任且为会计专业人士。审计 - 1 - 新疆西部牧业股份有限公司 内部审计制度 新疆西部牧业股份有限公司 内部审计制度 （2025 年 10 月修订） 第一章 总则 第一条 为了加强新疆西部牧业股份有限公司（下称"公司"） 内部审计工作，维护公司合法权益，加强公司的内部监督与风险控制， 保证公司业务运行、财务管理和生产流程等均符合国家法律法规及相 关准则的要求，根据《中华人民共和国审计法》《关于内部审计工作 的规定》《深圳证券交易所创业板股票上市规则》《深圳证券交易所上 市公司自律监管指引第 2 号—创业板上市公司规范运作》等法律法规 及《新疆西部牧业股份有限公司章程》（以下简称"《公司章程》"）的 有关规定，结合公司的实际发展情况，制定本制度。 第二条 本制度所称内部审计是指由公司内部机构或人员，对公 司内部控制和风险管理的有效性、财务信息的真实性和完整性以及经 营活动的效率和效果 ...