根据公司实际业务发展需要，预计全资子公司新疆天山云牧乳业 有限责任公司、控股子公司新疆石河子花园乳业有限公司与关联法人 新疆天山军垦牧业有限责任公司下属子公司石河子市新安镇双顺牧 业有限公司和石河子市天山广和牧业有限公司下属子公司发生 2026 年度日常关联交易，累计金额不超过 40,000 万元，主要关联交易内 容为生鲜乳收购。 证券代码：300106 证券简称：西部牧业 公告编号：临2025-060 新疆西部牧业股份有限公司 第四届董事会第二十二次会议决议公告 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。 新疆西部牧业股份有限公司（以下简称"公司"）于 2025 年 12 月 23 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二十二次会议。会议通知于 2025 年 12 月 19 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 9 张，实际收回表决票 9 张，公司高级 ...

Group 1 - The A-share market saw a decline in dairy stocks, with major companies like Zhuangyuan Pasture falling over 5% and Pinwa Food dropping nearly 4% [1] - Specific stock performance includes Zhuangyuan Pasture down 5.46% with a market cap of 2.777 billion, and Pinwa Food down 3.76% with a market cap of 3.247 billion [2] - Other notable declines include Xibu Muye down 2.79%, Junyao Health down 2.52%, and Maiqu'er down 2.31%, indicating a broader trend of falling dairy stocks [1][2] Group 2 - Year-to-date performance shows Zhuangyuan Pasture has increased by 88.58%, while Pinwa Food has only increased by 1.73% [2] - Xibu Muye has a year-to-date increase of 31.09%, and Junyao Health has increased by 30.37%, suggesting some companies are still performing well despite recent declines [2] - The MACD golden cross signal formation indicates potential for upward movement in some stocks, despite the current downturn [1]

Group 1 - Huaxia Happiness's board rejected five temporary proposals from major shareholder Ping An Life, with a voting result of 1 in favor and 7 against [1] - The proposals were intended for discussion at the third temporary shareholders' meeting of Huaxia Happiness in 2025 [1] Group 2 - Bio Valley announced that its former actual controller and chairman Lin Yanhe was sentenced to three years in prison and fined 5 million yuan for breaching trust and harming the company's interests [2][5] - The court also sentenced former board secretary and financial director He Yuan to one and a half years in prison and fined 200,000 yuan [2] Group 3 - The People's Bank of China announced a one-time credit repair policy to support individuals with damaged credit who are actively repaying debts [7] - Individuals who repay overdue debts of up to 10,000 yuan by March 31, 2026, will have their overdue information not displayed in the financial credit information database [7] Group 4 - The Shanghai Municipal Science and Technology Commission announced a plan to support the research and development of new food technologies, including alternative proteins and 3D-printed foods, from 2026 to 2030 [14] - The initiative aims to meet diverse food consumption needs and promote sustainable development [14] Group 5 - Xiangyu Medical reported that its brain-computer interface products have entered over 500 top-tier hospitals, with plans to expand to 700 by the Spring Festival and 1,500 by next year [24] - The company anticipates rapid growth in sales revenue from these products in 2026 [24] Group 6 - Geely Automobile announced the completion of the privatization and merger of Zeekr Intelligent Technology, making it a wholly-owned subsidiary [23] - Zeekr has been delisted from the New York Stock Exchange following the merger [23] Group 7 - China Nuclear Engineering announced that its subsidiaries will introduce 5 billion yuan in investment through a non-public agreement to implement market-oriented debt-to-equity swaps [32] - The funds will be used to repay financial institution loans while maintaining actual control over the subsidiaries [32]

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Views - The report indicates that the pig price is supported by both supply and demand factors as the year-end approaches, with expectations for an upward trend in prices before the Spring Festival [3][4] - The report highlights that the pig farming sector is experiencing losses, which may accelerate the reduction of stock, while the pet sector is seeing a rise in domestic brands due to consumption upgrades and tariff barriers [5][29] Summary by Sections Weekly Observation - As of December 21, 2025, the national average price of live pigs is 11.41 yuan/kg, with a week-on-week decrease of 0.15 yuan/kg and a year-on-year decrease of 3.71 yuan/kg [3][13] - The average weight of pigs sold is 130.18 kg per head, with a week-on-week increase of 0.55 kg [3][13] - The supply of pork may be tight leading up to the Spring Festival, with expectations for prices to rise [3][13] Weekly Insights - The pig farming sector is facing increasing losses, and the reduction of stock may accelerate due to various factors including policy and disease [5][24] - Recommendations include companies such as Muyuan Foods, Wens Foodstuff Group, and others in the pig farming sector [5][24] Market Performance (December 15-19) - The agricultural index increased by 0.87%, outperforming the market by 0.84 percentage points [6][30] - Leading stocks include Zhongxing Junye (+18.42%), Xibu Muye (+14.64%), and Xiwang Food (+13.84%) [6][30] Price Tracking (December 15-19) - The average price of live pigs is 11.58 yuan/kg, with a week-on-week increase of 0.10 yuan/kg [7][37] - The average price of piglets is 19.02 yuan/kg, with a slight decrease of 0.02 yuan/kg [7][37] - The average price of white feathered chickens is 7.35 yuan/kg, with a week-on-week increase of 0.27 yuan/kg [7][37] Key News (December 15-19) - The Ministry of Commerce announced anti-dumping duties on imported pork and related products from the EU starting December 17, 2025 [35]

Core Viewpoint - The market experienced a rebound with the Shanghai Composite Index rising by 0.36%, the Shenzhen Component Index increasing by 0.66%, and the ChiNext Index up by 0.49%. The trading volume in the Shanghai and Shenzhen markets reached 1.73 trillion, an increase of 704 billion compared to the previous trading day. [1] Market Performance - The market saw rapid rotation of hotspots, with nearly 4,500 stocks rising, although some high-position stocks like Dongbai Group and Pingtan Development faced significant declines towards the end of the trading session. [1] - The Hainan sector surged in the afternoon, with stocks like Hainan Haiyao and Hainan Qiche Group hitting the daily limit. [1][2] - The consumer sector remained strong throughout the day, particularly in retail and dairy, with stocks such as Shanghai Jiubai and Zhuangyuan Pastoral reaching the daily limit. [1][2] Sector Analysis - The Hainan sector is benefiting from the implementation of the Hainan Free Trade Port's full island closure operation, which is expected to attract new industries and increase consumer traffic, providing growth opportunities for businesses in the region. [2] - The consumer sector is supported by recent national policies aimed at expanding domestic demand, which are expected to accelerate the transformation and upgrading of the retail industry. [2] - The smart driving concept stocks saw renewed strength, with companies like Zhejiang Shibao and Luchang Technology hitting the daily limit, following the announcement of the first batch of L3-level conditional autonomous driving vehicle permits by the Ministry of Industry and Information Technology. [3][6] Individual Stock Performance - Over 4,400 stocks closed in the green, with nearly 100 stocks rising over 9%. The consumer sector continued its strong performance, with multiple stocks achieving consecutive limit-ups. [5] - The commercial aerospace sector remained active, with stocks like Xibu Materials and Shenjian Co. also hitting the daily limit, although some popular stocks faced adjustments. [5] Future Market Outlook - The market is expected to face a new round of directional choices, with the Shanghai Composite Index showing relative strength. The focus will be on whether it can maintain its position above the 30-day moving average. [7][8] - Structural opportunities are anticipated, emphasizing the importance of capturing the rotation rhythm among popular themes. [8]

Group 1 - The core viewpoint of the article highlights the strong performance of dairy stocks in the A-share market, with notable increases in share prices for several companies [1] Group 2 - Knight Dairy experienced a rise of over 14% in its stock price [1] - Zhuangyuan Pasture reached a limit-up, marking its third consecutive trading day of gains [1] - Other companies such as Pinwo Foods and Western Pastoral also saw stock price increases of over 5%, while Hairong Technology, Yiming Foods, and New Dairy rose by over 4% [1]

证券日报网讯 12月17日晚间，西部牧业发布公告称，公司于2025年12月17日召开2025年第四次临时股 东会，审议通过了《关于公司董事会提名非独立董事候选人的议案》，同意选举张泽博先生、张孝义先 生为公司第四届董事会非独立董事，任期自2025年第四次临时股东会审议通过之日起至第四届董事会任 期届满之日止。 （文章来源：证券日报） ...

Core Viewpoint - The A-share market for dairy stocks has shown strong performance, with several companies experiencing significant gains, indicating a positive trend in the dairy industry [1]. Group 1: Stock Performance - Zhuangyuan Pasture (庄园牧场) has seen a price increase of 10.02%, with a total market capitalization of 2.427 billion and a year-to-date increase of 64.81% [2]. - Huangshi Group (皇氏集团) has surged by 66.6%, with a market cap of 3.771 billion and a year-to-date increase of 24.79% [2]. - Xibu Muye (西部牧业) has risen by 4.06%, with a market cap of 2.386 billion and a year-to-date increase of 28.59% [2]. - Fucheng Co. (福成股份) has increased by 3.50%, with a market cap of 4.601 billion and a year-to-date increase of 29.30% [2]. - Maiqu'er (麦趣尔) has grown by 3.20%, with a market cap of 1.572 billion and a year-to-date increase of 15.33% [2]. - Other notable dairy stocks include Qishi Dairy (骑士乳业) with a 2.40% increase, Yantang Dairy (燕塘乳业) with a 2.31% increase, and Weivi Co. (维维股份) with a 2.23% increase [2].

格隆汇12月18日｜A股市场乳业股继续走强，其中，庄园牧场(2连板)、皇氏集团涨停，西部牧业涨 4%，福成股份、麦趣尔涨超3%。 ...

（编辑 任世碧） 证券日报网讯 12月17日晚间，西部牧业发布公告称，公司2025年第四次临时股东会审议通过《关于拟 变更会计师事务所的议案》《关于修订公司部分治理制度的议案》《关于公司董事会提名非独立董事候 选人的议案》。 ...