证券日报网讯 12月15日晚间，瑞普生物发布公告称，公司第六届董事会第一次（临时）会议审议通过 《关于聘任高级管理人员的议案》等多项议案。 （文章来源：证券日报） ...

Group 1 - The core point of the news is that Reap Bio (SZ 300119) held its sixth temporary board meeting on December 15, 2025, to discuss the election of the chairman of the sixth board [1] - For the year 2024, Reap Bio's revenue composition is as follows: 43.12% from veterinary biological products, 33.86% from veterinary drugs, 20.63% from pet supply chains, and 2.38% from other sources [1] - As of the report date, Reap Bio has a market capitalization of 8.9 billion yuan [1]

证券代码：300119 证券简称：瑞普生物 公告编号：2025-098 二、董事会会议审议情况 1、审议通过了《关于选举第六届董事会董事长的议案》 经审议，同意选举李守军先生为公司董事长，任期三年，自本次董事会审议 通过之日起至第六届董事会任期届满之日止。 简历详见公司同日在深圳证券交易所网站（http://www.szse.cn）及巨潮资讯 网（http://www.cninfo.com.cn）披露的《关于董事会换届完成暨聘任高级管理人 员及证券事务代表的公告》。 第六届董事会第一次（临时）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。 一、董事会会议召开情况 瑞普生物股份有限公司（以下简称"公司"）于 2025 年 12 月 15 日召开 2025 年第六次临时股东会以及职工代表大会，完成董事会换届选举工作。第六届董事 会第一次（临时）会议于 2025 年 12 月 15 日在公司会议室以现场会议方式召开。 经全体董事一致同意，本次会议通知当日以口头方式向全体董事送达。公司应出 席董事 9 人，实际出席董事 9 人，参与表决董事 9 人。本次 ...

中国北京建国门外大街 1 号国贸写字楼 2 座 12-15 层 100004 12-15th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com 受瑞普生物股份有限公司（以下简称"公司"）聘请，北京市通商律师事务 所指派律师（以下简称"本所律师"）出席了公司 2025 年第六次临时股东会（以 下简称"本次股东会"），并依据《中华人民共和国公司法》（以下简称"《公 司法》"）、《上市公司股东会规则》、《深圳证券交易所上市公司股东会网络 投票实施细则》等法律、法规、规章、规范性文件及《瑞普生物股份有限公司章 程》（以下简称"《公司章程》"）的规定，对公司本次股东会召集及召开程序、 出席会议的人员资格、召集人资格、提案审议情况、股东会的表决方式、表决程 序和表决结果等重要事项的合法性进行了审核和见证 ...

证券代码：300119 证券简称：瑞普生物 公告编号：2025-097 瑞普生物股份有限公司 2025 年第六次临时股东会决议公告 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。 特别提示： 1、本次股东会无变更、否决议案的情况； 2、本次股东会以现场投票、网络投票相结合的方式召开。 一、会议召开和出席情况 瑞普生物股份有限公司（以下简称"公司"）2025年11月29日以董事会公告方 式向全体股东发出召开2025年第六次临时股东会的通知（公告编号：2025-096）。 本次股东会采取现场投票、网络投票相结合的方式召开。其中现场会议于2025 年12月15日下午14:30在公司会议室召开，会议由董事长李守军先生主持；通过深圳 证券交易所系统进行网络投票的时间为2025年12月15日09:15-09:25，09:30-11:30， 13:00-15:00；通过深圳证券交易所互联网系统投票的具体时间为2025年12月15日 09:15-15:00期间的任意时间。 公司总股本464,754,706股，扣除公司股份回购专户的股份数后，公司有表决权 股份总数为454,06 ...

证券代码：300119 证券简称：瑞普生物 公告编号：2025-099 瑞普生物股份有限公司 关于董事会换届完成暨 聘任高级管理人员及证券事务代表的公告 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。 瑞普生物股份有限公司（以下简称"公司"）于 2025 年 12 月 15 日召开 2025 年第六次临时股东会以及职工代表大会，完成董事会换届选举工作。同日，公司 召开第六届董事会第一次（临时）会议选举产生了第六届董事会董事长、第六届 董事会各专门委员会成员，聘任了公司高级管理人员、证券事务代表。具体公告 如下： 一、第六届董事会组成情况 1、第六届董事会成员 董事长：李守军先生 董事：徐雷先生、刘爱玲女士、朱秀同先生、李睿女士 职工代表董事：刘国柱先生 独立董事：董义春先生、王凯先生、李娅女士 第六届董事会成员任期自 2025 年第六次临时股东会以及职工代表大会审议 通过之日起三年。 公司第六届董事会中兼任公司高级管理人员以及由职工代表担任的董事人 数总计未超过公司董事总数的二分之一，独立董事的人数未低于公司董事总数的 三分之一，符合相关法规及《公司章程》的规 ...

Investment Rating - The report maintains a positive outlook on leading agricultural companies, suggesting investment opportunities in the sector [5]. Core Insights - The agricultural sector has shown resilience, with the industry index outperforming the broader market by 0.4 percentage points during the week of December 8-12, 2025 [13]. - The report highlights significant growth in the pet food segment, with online sales increasing by 27.9% year-on-year during October and November 2025, driven by new consumer brands [34][36]. - The livestock industry is facing challenges, with a 5.5% decrease in the number of pigs marketed in November compared to the previous month, raising concerns about animal disease outbreaks [30]. Summary by Sections Industry Dynamics - The agricultural sector index increased by 0.3%, outperforming the market [13]. - Key stocks such as Zhengbang Technology, Biological Shares, and Luoniushan saw significant gains of 19%, 17%, and 14% respectively [18]. Livestock Industry - In November, the number of pigs marketed decreased by 5.5% month-on-month, with a year-on-year increase of 16.7% [30]. - Prices for live pigs increased by 2.1% week-on-week, while the average weight of marketed pigs decreased by 0.2% [30]. - The utilization rate of fattening barns in 17 provinces dropped by 6.5 percentage points [30]. Poultry Industry - Prices for chicken chicks and broilers increased by 1.4% and 0.8% respectively, amid ongoing global avian influenza outbreaks [37][38]. - The price of chicken products rose by 0.6%, driven by supply constraints and increased export orders [37]. Pet Food Industry - Online sales of pet food reached 8.45 billion yuan, with significant growth from brands like Maifudi and Fresh Lang, which saw increases of 36% and 112.6% respectively [34]. - Chewy reported a 30.9% increase in EBITDA, with active customer numbers growing by 4.9% [35]. Feed Industry - Feed raw material prices showed mixed trends, with soybean meal prices increasing by 1.5% while corn prices slightly decreased [41]. - The price of South American white shrimp increased by 4.3% week-on-week [41]. Animal Health - The veterinary drug price index decreased by 0.2%, with a year-on-year increase of 2.4% [43]. - Merck's imported pet antibiotics were launched on JD Health, marking a significant development in the pet healthcare sector [43].

Investment Rating - The report maintains an "Overweight" rating for the agriculture, forestry, animal husbandry, and fishery industry [1][51]. Core Insights - Recent recovery in pig prices is noted, with expectations for continued price increases as the seasonal consumption peak approaches. The inventory of breeding sows remains relatively high, indicating significant potential for capacity reduction [51]. - The report highlights investment opportunities in leading pig farming companies due to expected capacity reduction and improving profitability margins in chicken farming [51]. - The report emphasizes the importance of strong R&D capabilities in animal health companies and the long-term growth potential of domestic pet food leaders [51]. Industry Performance Overview - The SW agriculture, forestry, animal husbandry, and fishery industry underperformed the CSI 300 index, declining by 0.92% from November 28 to December 11, 2025, lagging behind the index by approximately 1.73 percentage points [12]. - Among the sub-sectors, only animal health and planting recorded positive returns, increasing by 1.96% and 1.18%, respectively, while other sectors such as agricultural product processing, feed, breeding, and fishery experienced declines of 1.01%, 1.5%, 3.03%, and 3.76% [15][18]. - Approximately 68% of stocks in the industry recorded negative returns during the same period, with over 60% of stocks showing losses [16][18]. Valuation Metrics - As of December 11, 2025, the overall price-to-book (PB) ratio for the SW agriculture, forestry, animal husbandry, and fishery industry is approximately 2.75 times, reflecting a recent decline in valuation. This level is around 61.8% of the historical median since 2006, indicating a relatively low historical valuation [19]. Key Industry Data - **Pig Farming**: The average price of external three yuan pigs rose from 11.28 CNY/kg to 11.45 CNY/kg during the reporting period. However, self-breeding pig farming continues to incur losses, with profits at -163.34 CNY per head, while purchased pig farming shows a loss of -240.69 CNY per head [23][28]. - **Poultry Farming**: The average price of broiler chicks increased slightly to 3.54 CNY per chick, while the average price of white feather broilers rose to 7.33 CNY/kg, with losses of -0.71 CNY per bird [30][33]. Company Highlights - The report suggests focusing on key companies such as Muyuan Foods (002714), Wens Foodstuff Group (300498), and Shengnong Development (002299) due to their market leadership and potential for recovery [51][52].

证券日报网讯 12月11日，瑞普生物在互动平台回答投资者提问时表示，截至2025年12月10日，公司股 东总户数约2.5万户。 （文章来源：证券日报） ...

Core Insights - The animal health sector experienced a decline of 0.31% on December 10, with *ST Lvkang leading the drop [1] - The Shanghai Composite Index closed at 3900.5, down 0.23%, while the Shenzhen Component Index rose by 0.29% to 13316.42 [1] Stock Performance - The following stocks in the animal health sector showed varied performance: - **Biological Shares (600201)**: Closed at 14.53, up 1.18% with a trading volume of 395,300 shares and a turnover of 560 million yuan [1] - **Ruipu Biological (300119)**: Closed at 19.24, up 0.79% with a trading volume of 26,900 shares and a turnover of 51.56 million yuan [1] - **Xianfeng Holdings (002141)**: Closed at 3.82, up 0.53% with a trading volume of 177,700 shares and a turnover of 67.70 million yuan [1] - **Qudongli (920275)**: Closed at 8.71, up 0.23% with a trading volume of 9,815 shares and a turnover of 8.47 million yuan [1] - **Jinhe Biological (002688)**: Closed at 6.05, down 0.17% with a trading volume of 67,700 shares and a turnover of 40.90 million yuan [1] - **Hui Sheng Biological (300871)**: Closed at 19.24, down 0.52% with a trading volume of 23,700 shares and a turnover of 45.48 million yuan [1] - **Dayu Biological (920970)**: Closed at 7.70, down 0.65% with a trading volume of 11,700 shares and a turnover of 892,880 yuan [1] - **KQ Biological (688526)**: Closed at 15.36, down 0.65% with a trading volume of 17,600 shares and a turnover of 26.94 million yuan [1] - **Placo (603566)**: Closed at 12.95, down 0.69% with a trading volume of 27,200 shares and a turnover of 35.32 million yuan [1] - **Shenlian Biological (688098)**: Closed at 8.96, down 1.10% with a trading volume of 31,800 shares and a turnover of 28.66 million yuan [1] Capital Flow - On the same day, the animal health sector saw a net outflow of 13.98 million yuan from institutional investors and 18.34 million yuan from retail investors, while individual investors contributed a net inflow of 32.32 million yuan [3]