佩蒂股份所属申万行业为：农林牧渔-饲料-宠物食品。所属概念板块包括：小红书概念、出海概念、宠 物经济、小盘、增持回购等。 截至10月10日，佩蒂股份股东户数1.78万，较上期减少0.88%；人均流通股9119股，较上期增加0.88%。 2025年1月-9月，佩蒂股份实现营业收入10.89亿元，同比减少17.68%；归母净利润1.14亿元，同比减少 26.62%。 分红方面，佩蒂股份A股上市后累计派现2.10亿元。近三年，累计派现8473.18万元。 责任编辑：小浪快报 12月23日，佩蒂股份盘中下跌2.05%，截至10:06，报18.61元/股，成交3459.32万元，换手率1.14%，总 市值46.31亿元。 资金流向方面，主力资金净流出308.91万元，特大单买入188.20万元，占比5.44%，卖出0.00元，占比 0.00%；大单买入69.02万元，占比2.00%，卖出566.13万元，占比16.37%。 佩蒂股份今年以来股价涨7.02%，近5个交易日涨4.67%，近20日涨1.03%，近60日涨5.86%。 资料显示，佩蒂动物营养科技股份有限公司位于浙江省温州市平阳县水头镇工业园区宠乐路2号，成立 ...

Investment Rating - The report maintains a "Recommended" rating for the agriculture, forestry, animal husbandry, and fishery industry [1] Core Insights - The swine industry is entering an accelerated phase of capacity reduction, with a focus on positioning at the bottom of the market. Regulatory measures are being reinforced to stabilize pig prices, which are expected to face downward pressure in the short term due to increased market supply [3][15] - The poultry sector shows signs of fundamental improvement, with a focus on the white feather chicken breeding segment and potential price recovery in the future [4][28] - The animal health sector is closely monitoring the clinical trial progress of African swine fever vaccines, which could enhance market conditions for leading companies in the sector [5][38] - The pet industry continues to experience rapid growth, with domestic brands gaining strength and improving profitability [8][60] Summary by Sections Swine Industry - The average price of live pigs is reported at 11.53 CNY/kg, with a slight weekly increase. The number of breeding sows has decreased by 1.1% month-on-month [14][15] - Key investment recommendations include leading companies such as Muyuan Foods and Wens Foodstuffs, with additional attention on Dekang Agriculture and Shennong Group [3][15] Poultry Industry - The white feather chicken breeding segment has seen a total of 107.21 thousand sets updated from January to October 2025, with a balanced import and self-breeding ratio [4][28] - Recommended companies in this sector include San Nong Development and Lihua Shares [4][28] Animal Health - The animal health industry has faced losses for over three months, with expectations of continued low pig prices. The clinical trials for the African swine fever vaccine are a critical step towards commercialization [5][38] - Companies to watch include BioStock, Kexin Biological, and Ruipu Biological [5][38] Planting Industry - Grain prices are fluctuating, with corn prices at 2244 CNY/ton and wheat prices at 2515 CNY/ton. The pig-to-grain ratio is reported at 5.03 [44][48] - Investment suggestions focus on companies with strong positions in genetically modified seeds, such as Suqian Agricultural Development and Longping High-Tech [6][48] Feed Industry - Feed prices are experiencing fluctuations, with pig feed priced at 3.33 CNY/kg and chicken feed at 3.45 CNY/kg. The industry is expected to see increased concentration [49][50] - Recommended companies include Haida Group and He Feng Shares [49][50] Pet Industry - The pet market is projected to reach 300.2 billion CNY in 2024, with a year-on-year growth of 7.5%. The number of pet dogs and cats is also on the rise [59][60] - Recommended companies in the pet food sector include Guibao Pet, Zhongchong Shares, and Petty Shares [59][60]

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]

证券日报网讯 12月18日，佩蒂股份在互动平台回答投资者提问时表示，关于公众号的更新频率，公司 会进行优化，在合规的前提下，力求增加更多关于公司动态、业务亮点的分享。公司也会根据内容的性 质在小红书、抖音、微博等平台通过公司或者品牌官方号发布。 证券日报网讯 12月18日，佩蒂股份在互动平台回答投资者提问时表示，关于公众号的更新频率，公司 会进行优化，在合规的前提下，力求增加更多关于公司动态、业务亮点的分享。公司也会根据内容的性 质在小红书、抖音、微博等平台通过公司或者品牌官方号发布。 （文章来源：证券日报） （文章来源：证券日报） ...

登录新浪财经APP 搜索【信披】查看更多考评等级 （文章来源：证券日报） 登录新浪财经APP 搜索【信披】查看更多考评等级 证券日报网讯 12月18日，佩蒂股份在互动平台回答投资者提问时表示，根据《上市公司股份回购规 则》《深圳证券交易所上市公司自律监管指引第9号——回购股份（2025年修订）》等相关规定，在回 购期限内，公司将在每个月的前三个交易日内披露截至上月末的回购进展情况。目前，公司正在积极实 施回购方案，并将根据相关规定履行信息披露义务。 （文章来源：证券日报） 证券日报网讯 12月18日，佩蒂股份在互动平台回答投资者提问时表示，根据《上市公司股份回购规 则》《深圳证券交易所上市公司自律监管指引第9号——回购股份（2025年修订）》等相关规定，在回 购期限内，公司将在每个月的前三个交易日内披露截至上月末的回购进展情况。目前，公司正在积极实 施回购方案，并将根据相关规定履行信息披露义务。 ...

Group 1: Lithography Materials - Shanghai Xinyang has achieved stable and continuous sales of various lithography products [1] Group 2: Communication - Aerospace Electronics has successfully integrated laser communication products for inter-satellite communication [1] Group 3: Commercial Aerospace - Aerospace Electric has seen an increasing trend in customer orders in the commercial aerospace sector in recent years [1] Group 4: Other Developments - Plittech is collaborating with Lingkong Tianxing [1] - Shenchi Electromechanical is progressing normally in its partnership with Qiteng Robotics [1] - Zhongbing Hongjian's wholly-owned subsidiary, Zhongnan Diamond, has seen a significant year-on-year increase in orders [1] - Petty Holdings is advancing the entry of products from its New Zealand factory into the domestic market, with large-scale distribution expected in the first quarter of next year [1] - Heng'erda is promoting mass production of ball screws and planetary roller screws, with related production lines expected to be launched gradually starting in the first quarter of next year [1] - Yongtai Technology's fluorinated liquid products have begun to be applied in cold plate two-phase liquid cooling solutions [1]

Investment Rating - The report maintains a "Recommended" rating for the pet industry [1] Core Insights - The report analyzes the evolution of the pet industry over the past two decades, highlighting the shift from offline to online channels and the transition from distribution to direct sales. The rise of e-commerce has significantly accelerated the growth of domestic pet brands [6][8] - Online channels have become the primary sales avenue for pet food, leveraging e-commerce platforms to rapidly scale and reach mainstream consumers. The emergence of content-driven e-commerce has further enhanced customer acquisition and conversion capabilities [6][42] - Offline channels remain crucial for building trust and providing service-oriented consumption experiences, with professional stores and veterinary clinics playing a key role in offering product experiences and consultations [6][42] - The report emphasizes the need for brands to shift from broad expansion to efficient, lifecycle-focused operations in response to rising customer acquisition costs and market saturation. The competitive landscape is becoming clearer, with leading brands gaining significant advantages over smaller competitors [6][42] Summary by Sections Channel Evolution - The pet industry has undergone significant channel changes, moving from a dealer-dominated offline model to a direct sales online model, driven by e-commerce growth since 2012. The current phase is characterized by content-driven marketing and multi-channel integration [6][8][9] Online Channel Dynamics - Online channels have solidified their position as the largest sales channel in the pet industry, with retail share increasing from 47.7% in 2020 to 59.0% in the first half of 2025. The dominance of major platforms like Taobao and the rapid growth of Douyin highlight the evolving landscape [6][47] - The report notes that online purchasing behavior is heavily influenced by the convenience of buying pet food and treats, while offline spending is concentrated on services like veterinary care and grooming [6][49] Offline Channel Insights - The offline channel structure is diverse, comprising specialized pet stores, supermarkets, veterinary clinics, and other service-oriented businesses. While retail sales are lower due to high costs, offline channels are essential for service delivery and building consumer trust [6][72] - Direct sales through physical stores enhance consumer trust and repeat purchases, while veterinary clinics serve as authoritative channels for brand credibility [6][77] Brand Building and Competitive Strategy - The report identifies efficiency improvement and brand building as core strategies for navigating high costs and market saturation. Brands must focus on establishing trust and enhancing brand recognition to achieve premium pricing in a competitive environment [6][90] - The report highlights the importance of private traffic and refined operations as brands adapt to the evolving market landscape, moving away from reliance on public advertising to building direct connections with consumers [6][117]

证券日报网讯 12月18日，佩蒂股份在互动平台回答投资者提问时表示，柬埔寨工厂位于西哈努克省， 距冲突边境地区较远，目前工厂生产经营正常，不存在无法正常经营的情形。同时，公司也会积极关注 事态可能导致的风险。 （编辑 任世碧） ...

（文章来源：每日经济新闻） 佩蒂股份（300673.SZ）12月18日在投资者互动平台表示，公司正积极推进新西兰工厂产品及品牌进入 国内市场的事项，部分产品即将上市销售，预计在2026年一季度实现大规模铺货，公司将通过合规渠道 积极发布相关业务的进展信息。 每经AI快讯，有投资者在投资者互动平台提问：公司新西兰品牌为什么这么久还不上市？目前进度有 没有进展？ ...

| 证券代码：300673 | 证券简称：佩蒂股份 | 公告编号：2025-063 | | --- | --- | --- | | 债券代码：123133 | 债券简称：佩蒂转债 | | 1、佩蒂转债将于付息日支付第四年利息，票面利率1.5%，每10张佩蒂转债（面值 1,000.00元）的利息为15.00元（含税）； 2、付息债权登记日：2025年12月19日（星期五）。截至债权登记日下午深圳证券交 易所收市后，在中国证券登记结算有限责任公司深圳分公司（以下或简称中国结算深圳 分公司）登记在册的"佩蒂转债"持有人享有本次派发的利息，对于在2025年12月19日 前（含当日）申请转换成本公司股票的"佩蒂转债"，公司不再向其持有人支付本计息年 度及以后计息年度的利息； 3、付息日：2025年12月22日（星期一）； 4、除息日：2025年12月22日（星期一）； 5、本次付息期间：2024年12月22日至2025年12月21日； 6、下一年付息期起息日：2025年12月22日； 佩蒂动物营养科技股份有限公司 关于佩蒂转债 2025 年付息的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 ...