上海雪榕生物科技股份有限公司 第六届董事会第二次会议决议公告 证券代码：300511 证券简称：雪榕生物 公告编号：2025-137 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 经公司总经理提名，董事会提名委员会资格审查通过，董事会审计委员会和 董事会薪酬与考核委员会审议通过，公司董事会同意聘任陈学强先生为公司财务 总监，任期自本次董事会审议通过之日起至第六届董事会届满之日止。 具体内容详见公司公布在中国证监会指定创业板信息披露网站巨潮资讯网 的《关于聘任公司财务总监的公告》（公告编号：2025-138）。 本议案以 7 票同意，0 票反对，0 票弃权获得通过。 一、董事会会议召开情况 1、本次董事会由董事长蒋智先生召集，会议通知于 2025 年 12 月 10 日以电 子邮件等通讯方式发出。 2、本次董事会于 2025 年 12 月 15 日在上海雪榕生物科技股份有限公司（以 下简称"公司"）会议室召开，采取现场和通讯相结合的方式进行表决。 3、本次会议应出席董事 7 人，实际出席董事 6 人。董事郑伟东先生因事请 假未能出席本次董事会，特委托李杰先生代 ...

证券代码：300511 证券简称：雪榕生物 公告编号：2025-136 上海雪榕生物科技股份有限公司 关于2025年度担保额度预计的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 上海雪榕生物科技股份有限公司（以下简称"公司"）于2025年4月25日召开了第 五届董事会第二十五次会议和第五届监事会第十五次会议，于2025年5月23日召开了 2024年年度股东大会，分别审议通过了《关于2025年度担保额度预计的议案》。为 满足公司及子公司生产经营和业务发展需要，确保资金流畅通，公司在保证规范运 营和风险可控的前提下，预计在2025年度为子公司向银行或其他金融机构申请融资 业务时提供总额度不超过人民币20.9亿元（含本数）的担保，其中，公司为资产负债 率低于70%的子公司提供担保额度为8.9亿元人民币（含本数），为资产负债率高于 70%的子公司提供担保额度为12亿元人民币（含本数），担保额度有效期限自公司 2024年年度股东大会审议通过之日起至2025年年度股东大会召开之日止，上述担保 额度在有效期限内可以循环使用。具体内容详见公司公布在中国证监会指定创 ...

上海雪榕生物科技股份有限公司 证券代码：300511 证券简称：雪榕生物 公告编号：2025-135 近日，公司全资子公司成都雪国高榕生物科技有限公司（以下简称"成都雪榕"） 与成都银行股份有限公司都江堰支行（以下简称"成都银行"）签署了《借款合同》 （合同编号：H600401251118162，以下简称"主合同"），贷款金额为1,000万元。 同时，公司与成都银行签署了《最高额保证合同》（合同编号：D60042125112701）， 由公司为上述主合同项下的债务提供连带责任保证。 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 一、担保情况概述 上海雪榕生物科技股份有限公司（以下简称"公司"）于2025年4月25日召开了第 五届董事会第二十五次会议和第五届监事会第十五次会议，于2025年5月23日召开了 2024年年度股东大会，分别审议通过了《关于2025年度担保额度预计的议案》。为 满足公司及子公司生产经营和业务发展需要，确保资金流畅通，公司在保证规范运 营和风险可控的前提下，预计在2025年度为子公司向银行或其他金融机构申请融资 业务时提供总额度不超过人 ...

Investment Rating - The industry investment rating is "Maintain Increase" [4] Core Views - The trend of pig reduction continues, suggesting a strategic opportunity for participation in the sector [15][16] - The price of lean meat pigs as of November 28, 2025, is 11.09 CNY/kg, down 9.1% from the previous month, indicating ongoing industry losses [15][18] - The average profit for self-breeding pigs is -147.99 CNY/head, a decrease of 58.66 CNY/head from the previous month, while the profit for purchased piglets is -248.82 CNY/head, down 69.1 CNY/head [15][23] - The number of breeding sows has decreased to 39.9 million, and further production capacity reduction is expected due to policy and low prices [15][16] - The mushroom sector shows a sustained price rebound for enoki mushrooms, with strong performance expected from key companies [16] - The seed industry is seeing a clear trend of variety replacement, with transgenic varieties entering commercial sales, indicating potential growth for related companies [16] - In poultry farming, seasonal price elasticity opportunities are noted for yellow feathered chickens, while white feathered chickens are affected by avian influenza in Europe [17] Summary by Sections Pig Farming - The lean meat pig price is 11.09 CNY/kg, down 9.1% from last month [18] - The average wholesale price of pork is 17.83 CNY/kg, down 1.1% [18] - The profit for self-breeding pigs is -147.99 CNY/head, a decrease of 58.66 CNY/head [23] - The profit for purchased piglets is -248.82 CNY/head, down 69.1 CNY/head [23] Mushroom Sector - Enoki mushroom prices remain strong, confirming a sustained price rebound [16] - The release period for Cordyceps sinensis as a key new product is approaching, with strong performance expected [16] Seed Industry - A clear trend of variety replacement in corn is noted, with transgenic varieties entering commercial sales [16] - Companies like Kangnong Seed Industry and Longping High-Tech are highlighted for potential growth [16] Poultry Farming - The price of meat chicken chicks is 3.47 CNY/chick, down 3.1% from last month [28] - The average price of white feathered chickens is 7.19 CNY/kg, up 1.4% [32] - The average price of chicken products is 8.95 CNY/kg, up 0.6% [32] Agricultural Products - Domestic corn prices increased to 2329.8 CNY/ton, up 4.0% [44] - Domestic wheat prices rose to 2507.28 CNY/ton, up 0.7% [46] - Domestic soybean prices increased to 4014.74 CNY/ton, up 0.4% [57]

Core Insights - The agriculture sector saw a significant increase of 2.76% on November 28, with Shennong Seed Industry leading the gains [1] - The Shanghai Composite Index closed at 3888.6, up 0.34%, while the Shenzhen Component Index closed at 12984.08, up 0.85% [1] Sector Performance - Shennong Seed Industry's stock price rose by 8.89% to 6.00, with a trading volume of 2.865 million shares and a transaction value of 166.9 million yuan [1] - Hainan Rubber and Xuecheng Biotechnology also performed well, with increases of 8.17% and 4.05%, respectively [1] - The overall trading volume for the agriculture sector was notable, with a total net inflow of 66.88 million yuan from main funds, while retail investors contributed a net inflow of 76.78 million yuan [1][2] Fund Flow Analysis - Hainan Rubber experienced a net inflow of 89.63 million yuan from main funds, despite a net outflow of 27.91 million yuan from speculative funds [2] - Shennong Seed Industry had a mixed fund flow, with a net inflow of 3.27 million yuan from main funds but a significant outflow of 29.97 million yuan from speculative funds [2] - The overall trend indicates a strong interest from retail investors in the agriculture sector, as evidenced by the net inflows across various stocks [2]

Group 1 - The company, Xue Rong Biological (300511), announced the election of Jiang Zhi as the chairman [1]

Group 1 - The core announcement is that Xuerong Biological (300511) has appointed Mr. Yang Yongping as the honorary chairman of the company [1]

Core Viewpoint - Xuerong Biological announced that the company and its subsidiaries have no external guarantees, no overdue guarantees, and no amounts related to guarantees involved in litigation or losses due to adverse judgments [2] Group 1 - The company confirmed the absence of any external guarantees [2] - There are no overdue guarantees reported by the company [2] - The company does not face any litigation related to guarantees or potential losses from adverse judgments [2]

Core Viewpoint - Xuerong Biotechnology (300511.SZ) has completed the election of its sixth board of directors, resulting in Yang Yongping stepping down from his roles as a director and senior management, while remaining an employee of the company [1] Group 1 - Yang Yongping has been appointed as the company's lifetime honorary chairman, with a monthly salary of 53,400 yuan (pre-tax) until the annual shareholders' meeting in 2025 [1] - The company expresses heartfelt gratitude to Yang Yongping for his contributions to its development [1] - The company will cover Yang Yongping's actual expenses incurred while attending meetings and representing the company at social events [1]

Group 1 - The company, Xue Rong Biological, announced on November 21 that it will hold its sixth board meeting to approve a proposal to apply for a working capital loan from the Agricultural Development Bank of China, with a loan amount not exceeding 25 million yuan [1] - The company plans to use its wholly-owned subsidiary, Chengdu Xue Guo Gao Rong Biological Technology Co., Ltd., to provide collateral for the loan with its factory and land use rights [1] - The company's revenue composition for the year 2024 is projected to be 98.62% from the edible mushroom industry and 1.38% from other businesses [1] Group 2 - The current market capitalization of Xue Rong Biological is 4.4 billion yuan [2]