Core Viewpoint - Yunfu has successfully transitioned from an agricultural city to an agricultural powerhouse, achieving a total agricultural output value exceeding 100 billion yuan, driven by practical efforts and strategic development initiatives [8][20]. Group 1: Agricultural Development - The total output value of modern agriculture in Yunfu rose from 58.6 billion yuan in 2021 to 100.6 billion yuan in 2025, marking a significant milestone [20][21]. - The city focuses on "integrated" development, promoting the upgrade of agriculture from traditional farming to a collaborative model involving primary, secondary, and tertiary industries [9][10]. - Local enterprises like Wens Foodstuff Group, which is a top 500 company in China, play a crucial role in leading the agricultural industry, with a chicken market volume exceeding 1.3 billion birds, ranking first in Asia [11][12]. Group 2: Specialty Products and Industry Upgrades - Yunfu is recognized for its unique agricultural products, including the "no-core yellow skin" fruit, "Luoding cinnamon," and "Chinese native chicken," which have gained national and global acclaim [14][15]. - The city has established a complete agricultural production system with leading enterprises, creating 2 national and 15 provincial modern agricultural industrial parks [13]. - The local cinnamon industry, particularly Luoding cinnamon, is positioned as a key driver for county development and rural revitalization, supported by national geographical indication product certification [28][29]. Group 3: Rural Revitalization and Economic Growth - The "Hundred-Thousand-Million Project" is a strategic initiative aimed at promoting coordinated urban-rural development, resulting in significant economic growth in county and town economies [49][50]. - Three county-level industrial parks have been cultivated, with notable growth in town economies, leading to a 30% increase in total economic output across three towns [55][56]. - Over 85% of administrative villages have achieved the standard of beautiful and livable villages, reflecting the success of rural construction efforts [58][60].

格隆汇1月27日丨温氏股份(300498.SZ)在互动平台表示，公司近几年持续降低负债率水平。截至2025年 三季度末，公司负债率降至49.4%，在行业企业中处于比较优秀的水平。 ...

证券时报·数据宝统计显示，温氏股份今日收盘价为15.33元，下跌2.67%，日换手率为1.06%，成交额为 9.70亿元，全天主力资金净流出7935.80万元，近5日该股累计下跌2.91%，近5日资金合计净流入4403.70 万元。 两融数据显示，该股最新融资余额为11.10亿元，近5日增加4169.77万元，增幅为3.90%。（数据宝） 1月27日温氏股份大宗交易一览 | 成交量 | 成交金 | 成交价 | 相对当日收 | | | | --- | --- | --- | --- | --- | --- | | （万 | 额（万 | 格 | 盘折溢价 | 买方营业部 | 卖方营业部 | | 股） | 元） | （元） | （%） | | | | | | | | 中国中金财富证券有限公司 | 中国中金财富证券有限公司 | | 19.20 | 241.92 | 12.60 | -17.81 | 云浮新兴东堤北路证券营业 | 云浮新兴东堤北路证券营业 | | | | | | 部 | 部 | 温氏股份1月27日大宗交易平台出现一笔成交，成交量19.20万股，成交金额241.92万元，大宗交易成交 价为12.60元，相 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | 2026-01-27 | 300498 | 温氏股份 | 12.60 | 19.20 | 241.92 中国中金财富证券 | 中国中金财富证券 | | | | | | | 有限公司云浮射兴 | 有限公司云浮新兴 | | | | | | | 东堤北路证券营业 | 东堤北路证券营业 | | | | | | | 部 | 高 | 1月27日，温氏股份大宗交易成交19.2万股，成交额241.92万元，占当日总成交额的0.25%，成交价12.6 元，较市场收盘价15.33元折价17.81%。 ...

Core Viewpoint - The aquaculture sector experienced a decline of 2.68% on January 27, with Xiaoming Co. leading the drop [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] - Key stocks in the aquaculture sector showed significant declines, with Xiaoming Co. down 6.27% to a closing price of 19.59 [1] - Other notable declines included ST Tianshan down 5.40%, Fucheng Co. down 5.01%, and Huaying Agriculture down 3.66% [1] Group 2: Trading Volume and Capital Flow - The aquaculture sector saw a net outflow of 456 million yuan from main funds, while retail investors contributed a net inflow of 232 million yuan [1] - The trading volume for Xiaoming Co. was 125,200 shares, with a transaction value of 246 million yuan [1] - Lihua Co. had a net inflow of 14.20 million yuan from main funds, while retail investors had a net outflow of 30.52 million yuan [2]

（天润乳业） 【天风农业】"牛市抱牛"，重视超级牛周期！1、牛板块：肉牛超级周期趋势明确，奶牛去化接近尾声，重视超级 牛周期！1）本周价格：犊牛&淘牛价格持续上涨，育肥牛价格稳定。 截至1月23日，育肥公牛出栏价格25.66元/kg，环比持平，同比+9.47%；犊牛价格33.09元/kg，环比+0.19%，同比 +37.08%；淘牛价格19.93元/kg，环比+0.26%，同比+22.80%（数据来源：钢联）。 （天润乳业） 【天风农业】"牛市抱牛"，重视超级牛周期！1、牛板块：肉牛超级周期趋势明确，奶牛去化接近尾声，重视超级 牛周期！1）本周价格：犊牛&淘牛价格持续上涨，育肥牛价格稳定。 截至1月23日，育肥公牛出栏价格25.66元/kg，环比持平，同比+9.47%；犊牛价格33.09元/kg，环比+0.19%，同比 +37.08%；淘牛价格19.93元/kg，环比+0.26%，同比+22.80%（数据来源：钢联）。 奶价仍处低位调整阶段，截至1月15日，生鲜乳价格3.03元/kg，环比+0.33%、同比-2.57%（数据来源：wind）。 2）肉牛方面，国内长亏损周期叠加深度亏损，驱动能繁母牛深度去化。 ...

| 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交全额 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | | | | | (元) | (万股/万份) | (万元) | | | 2026-01-26 | 300498 | 温氏股份 | 12.52 | 40.20 | 503.30 招商证券股份有限 | 招商证券股份有限 | | | | | | | 公司云浮新兴沿江 | 公司云浮新兴沿江 | | | | | | | 北路证券营业部 | 北路证券营业部 | | 2026-01-26 | 300498 | 温氏股份 | 12.51 | 16.00 | 200.16 广发证券股份有限 | 广发证券股份有限 | | | | | | | 公司云浮新兴新洲 | 公司广州昌岗中路 | | | | | | | 大道证券营业部 | 证券营业部 | | 2026-01-26 | 300498 | 温氏股份 | 12.51 | 260.00 | 3,252.69国中金财富证券 | 中国中金财富证券 | | | | | | | 有限公司云浮新 ...

Group 1 - The event in Guangdong's Yunfu New District successfully set a Guinness World Record for the largest Chinese native chicken hot pot tasting, highlighting the region's culinary and cultural significance [2][3][7] - The core ingredient for the record-breaking event was the "Royal 180" native chicken, which is raised for 180 days and is known for its unique taste and quality [18][19][24] - The event featured a night drone light show and was attended by a thousand participants, creating a vibrant atmosphere that emphasized the integration of agriculture, culture, and tourism [5][62] Group 2 - The newly opened New Xing Wens Food Farm is designed as a 3A-level scenic area, showcasing ecological farming, cultural education, and industry integration [4][30] - The farm includes a live streaming base for chicken farming and cooking processes, allowing consumers to witness the journey from farm to kitchen [31][32] - The farm aims to enhance consumer trust in food quality and promote local cultural heritage, aligning with the brand's mission of being a reliable food supplier [37][39][49] Group 3 - The event aligns with the Guangdong province's "Guangdong Goods Go Global" initiative and aims to elevate the local native chicken industry [68][70] - Future plans include the development of themed sculptures and specialty dining clusters to further enrich the farm's educational and experiential offerings [72][78] - The innovative practices demonstrated by the company provide a model for agricultural enterprises looking to transform through brand activities and the integration of agriculture with culture and tourism [79][80]

1月25日，广东云浮新兴县——这片被誉为"中华土鸡之乡"的土地上，迎来了一场融合美食、文化、科技与产业的盛宴。温氏股份于此成功挑 战"最大规模中华土鸡火锅品鉴活动"吉尼斯世界纪录称号，并隆重举行了新兴温氏天露农场的揭幕仪式。活动当天，温氏还正式官宣明星主厨林 述巍成为"温氏食材严选推荐官"，并以一场璀璨的无人机主题表演点亮夜空，全面展现了其在推动农文旅融合、夯实品牌实力方面的最新成果。 "最大规模中华土鸡火锅品鉴活动"吉尼斯世界纪录挑战成功 千人同席创纪录，中华土鸡香飘世界 "最大规模中华土鸡火锅品鉴活动"吉尼斯世界纪录挑战现场 农场新篇启征程，多元体验筑牢品质根基 作为本次盛典的另一核心，新兴温氏天露农场在吉尼斯挑战同期正式揭幕。该农场集"生态体验、文化传播、产业融合"于一体，是温氏继湖州农 场项目后，在农旅融合模式上的又一次重要升级。新兴农场按3A级景区标准建设，不仅设有生态养殖观摩区、中华土鸡文化馆、研学课堂，更创 新打造了400平方米的中华土鸡直播基地。在这里，以"御品180"为代表的优质土鸡，其养殖过程、文化故事乃至烹饪实况，均可通过直播、短视 频等形式全景呈现，有效打通了"从农场到厨房"的线上线下 ...

Investment Rating - Investment rating: Positive (maintained) [1] Core Insights - The report highlights supply pressures in the poultry industry, particularly due to overseas avian influenza affecting domestic breeding, leading to a temporary halt in the introduction of grandparent stock, which supports white feather broiler prices in the short term [3][13][19] - The demand for yellow feather broilers is under pressure due to seasonal demand decline and reduced restocking, with prices expected to rebound slightly due to pre-festival demand but remain generally weak [4][28] - Egg prices continue to decline, with high inventory levels prompting accelerated culling of hens, which may provide some support for future egg prices [36] Summary by Sections White Feather Broilers - December 2025 national average sales price for white feather broilers was 7.44 yuan/kg, up by 0.31 yuan/kg month-on-month, with a loss of 0.26 yuan per bird, an increase of 0.75 yuan [3][13] - The total stock of white feather grandparent stock at the end of December was 2.3377 million sets, up by 11.3% month-on-month, with parent stock at 36.9395 million sets, up by 0.1% [15][19] Yellow Feather Broilers - December average sales price for medium-speed yellow feather broilers was 11.77 yuan/kg, down by 3.07% month-on-month, with parent stock sales down by 10.43% [4][28] - Total stock of yellow feather grandparent stock at the end of December was 2.7411 million sets, down by 1.03% month-on-month [4][28] Egg Production - December egg price was 2.89 yuan/kg, down by 0.79% month-on-month, with egg-laying hen profit at -26.60 yuan per bird, an increase of 1.80 yuan [36] - The total stock of laying hens at the end of December was 1.295 billion, down by 0.92% month-on-month, but up by 7.11% year-on-year [36] Sales Performance - December sales volume of white feather chick seedlings was 408 million, remaining stable month-on-month, with parent stock sales up by 17.56% [15][38] - December chicken meat sales varied, with Xiantan Co. reporting a sales volume of 51,200 tons, down by 3.08% month-on-month, but revenue increased by 9.56% [51] - December sales volume of yellow feather broilers varied, with Wens Foodstuffs reporting a sales volume of 109 million birds, down by 7.06% month-on-month [56]