证券代码：300761 证券简称：立华股份 公告编号：2025-058 江苏立华食品集团股份有限公司 第四届董事会第七次会议决议的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，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 江苏立华食品集团股份有限公司（以下简称公司）第四届董事会第七次会议 通知于 2025 年 8 月 8 日以电子邮件形式送达全体董事，于 2025 年 8 月 18 日 14:00 在公司会议室以现场结合通讯表决的方式召开。本次会议应出席董事 9 名，实际 出席董事 9 名，其中独立董事 3 人。公司监事及高级管理人员列席了会议。会议 由程立力先生主持，本次会议出席人数、召开程序、议事内容均符合《中华人民 共和国公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议，充分讨论，会议审议通过了以下议案： 1、审议通过《关于公司<2025 年半年度报告>及其摘要的议案》 董事会认为《2025 年半年度报告》及其摘要真实反映了本报告期公司财务 状况及经营管理情况，所记载事项不存在虚假记载、误导性陈述或重大遗漏，所 披露的信息真实、准确、完整 ...

证券代码：300761 证券简称：立华股份 公告编号：2025-061 江苏立华食品集团股份有限公司 2025 年半年度报告 2025 年 8 月 江苏立华食品集团股份有限公司 2025 年半年度报告全文 1 江苏立华食品集团股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人程立力、主管会计工作负责人沈琴及会计机构负责人(会计主 管人员)周元元声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本报告中所涉及的未来计划、未来展望和发展战略等前瞻性陈述，不构 成对投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险认 识，并且应当理解计划、展望、预测与承诺之间的差异，敬请投资者注意投 资风险。 公司需遵守《深圳证券交易所上市公司自律监管指引第 3 号——行业信 息披露》中的"畜禽、水产养殖相关业务"的披露要求。 本公司提请投资者特别关注的重大风险包括：1、产品价格波动风险 ...

证券代码：300761 证券简称：立华股份 公告编号：2025-062 关于 2025 年中期现金分红预案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 根据中国证券监督管理委员会《上市公司监管指引第 3 号——上市公司现金 分红》及《公司章程》等规定，为充分考虑对投资者的回报，结合江苏立华食品 集团股份有限公司（以下简称公司）2025 年半年度实际生产经营情况及未来发 展前景，公司于 2025 年 8 月 18 日召开第四届董事会第七次会议，会议审议通过 《关于 2025 年中期现金分红预案的议案》，该事项已经 2025 年 5 月 13 日召开 2024 年年度股东会授权，无需再次提交公司股东会审议。现将有关事项公告如 下： 一、2025 年中期利润分配预案基本情况 公司 2025 年 1-6 月实现归属于上市公司股东的净利润为 148,798,767.04 元， 母公司 2025 年半年度实现净利润-111,467,781.74 元。截至 2025 年 6 月 30 日， 公司合并报表累计未分配利润为 4,993,197,427.11 元，母公司 ...

立华股份公告，2025年上半年营业收入83.53亿元，同比增长7.02%。净利润1.49亿元，同比下降 74.10%。公司拟向全体股东每10股派发现金红利1元（含税）。 ...

证券之星消息，8月18日养殖业板块较上一交易日上涨0.41%，天域生物领涨。当日上证指数报收于 3728.03，上涨0.85%。深证成指报收于11835.57，上涨1.73%。养殖业板块个股涨跌见下表： 从资金流向上来看，当日养殖业板块主力资金净流出9708.7万元，游资资金净流入2.21亿元，散户资金净 流出1.24亿元。养殖业板块个股资金流向见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603717 | 天域生物 | 8.17 | 3.16% | 18.38万 | | 1.50亿 | | 002299 | 圣农发展 | 17.28 | 2.67% | 38.09万 | | 6.54亿 | | 301116 | 益客食品 | 11.70 | 1.21% | 4.86万 | | 5670.88万 | | 000735 | 罗牛山 | 6.37 | 0.95% | 1 27.41万 | | 1.75亿 | | 000876 | 新希望 | 9.74 | 0.83% | ...

证券之星消息，8月15日养殖业板块较上一交易日上涨0.06%，晓鸣股份领涨。当日上证指数报收于 3696.77，上涨0.83%。深证成指报收于11634.67，上涨1.6%。养殖业板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300967 | 晓鸣股份 | 23.23 | 5.21% | 17.57万 | 4.00亿 | | 300313 | *ST天山 | 10.82 | 3.94% | 7.72万 | 8213.04万 | | 002321 | 华英农业 | 2.70 | 1.50% | 24.16万 | 6466.10万 | | 300761 | 立华股份 | 20.12 | 1.16% | 6.76万 | 1.36亿 | | 002124 | 天邦食品 | 2.99 | 1.01% | 25.58万 | 7616.79万 | | 002234 | 民和股份 | 9.08 | 1.00% | 8.37万 | 7600.72万 | | 002458 | 益生股份 | ...

Group 1 - The core viewpoint is that chicken prices are gradually rebounding due to reduced supply since mid-July, leading to improved profitability for farmers and increased willingness to restock [1][2] - In July, the average price of chicken seedlings was 1.41 yuan per chick, down 43% year-on-year and 38% month-on-month; the average price of live chickens was 6.52 yuan per kilogram, down 12% year-on-year and 9.2% month-on-month [1] - The demand for chicken seedlings is overall positive due to the upcoming school season, although the supply of chicken seedlings has decreased due to increased culling of breeding chickens [1] Group 2 - The price of yellow feathered chickens has shown signs of recovery in late July, with expectations for a favorable market in August [3] - The average price of fast-growing chickens in July was 3.94 yuan per pound, down 19.6% year-on-year but up 3.2% month-on-month; the average price of Xueshan grass chickens was 6.43 yuan per pound, down 27% year-on-year but up 5% month-on-month [3] - The cost of raising yellow feathered chickens has decreased significantly, with costs for leading companies falling to around 5.6 yuan per pound, indicating potential for substantial profit release as prices recover [3][4] Group 3 - The supply of parent stock chickens is expected to tighten in the second half of 2025 due to a significant decrease in overseas imports, which will also affect the supply of commercial broiler chicks in 2026 [2][4] - The current inventory of parent stock chickens is at a historically low level, which may lead to a contraction in supply and set the stage for future price increases [4] - The long-term outlook for the yellow feathered chicken market remains positive, driven by changing consumer habits, implementation of sales bans, and economic recovery boosting consumption [4]

Group 1 - The core viewpoint of the articles indicates that several A-share listed companies engaged in pig farming have reported significant year-on-year increases in pig sales for the first seven months of the year [1][2] - For instance, Wens Foodstuff Group reported cumulative pig sales of 21.10 million heads in the first seven months of this year, compared to 16.70 million heads in the same period last year [1] - Muyuan Foods announced cumulative sales of 44.75 million heads this year, up from 38.55 million heads last year [1] Group 2 - Despite facing considerable pressure, the pig farming sector still maintains a certain level of profitability, with self-breeding profits reported at 89.01 yuan per head in the first week of August [2] - The Ministry of Agriculture and Rural Affairs highlighted challenges in the pig industry, including high production capacity and significant price fluctuations, necessitating strict capacity control measures [2] - As of June 2025, the national breeding sow inventory stood at 40.43 million heads, which is 3.7% above the normal holding standard of 39 million heads, indicating difficulties in capacity optimization [2] Group 3 - Companies are advised to enhance innovation and cost control to achieve sustainable development, with larger firms benefiting from cost advantages amid price fluctuations [3] - The current pig market is characterized by slow quantity reduction, rapid efficiency improvement, and evident structural contradictions [3] - Policies aimed at controlling the weight of pigs at market release and avoiding excessive breeding are expected to stabilize prices and improve overall industry profitability [3]

Investment Rating - The report maintains an "Outperform" rating for the agricultural sector [1][6]. Core Views - The report is optimistic about the reversal of the livestock cycle in 2025, with expectations of a simultaneous rise in domestic and international beef and raw milk markets [4]. - The pet consumption sector is identified as a growing industry that will benefit from demographic changes [4]. - The feed industry, particularly Haida Group, is expected to achieve excess returns due to the recovery of the aquaculture market [4]. - The pig farming sector shows insufficient expansion willingness, but a stable market is anticipated in 2025, with a focus on undervalued leading companies [4]. - The poultry sector is expected to see a long-term increase in consumption, with yellow chicken likely to benefit first from domestic demand recovery [4]. Summary by Sections Livestock - Beef prices have started to rise, with the average price on August 8 being 60.33 yuan/kg, a 0.97% increase from the previous week and a 29.74% increase year-on-year [2][16]. - The pig price on August 8 was 13.65 yuan/kg, down 3.81% week-on-week and down 33.51% year-on-year [14]. - The report forecasts a stable pig market in 2025, with a focus on leading companies like Muyuan and Wens [4][5]. Poultry - The price of broiler chicks increased by 23.08% week-on-week to 3.36 yuan/chick, while the price of broilers rose by 7.16% to 7.18 yuan/kg [15]. - The report anticipates a long-term increase in consumption for white chickens and expects yellow chickens to benefit from improved domestic demand [4]. Feed and Other Agricultural Products - The report notes that soybean meal prices are at historical lows, with a current price of 3008 yuan/ton, a 0.33% increase week-on-week [3][16]. - Corn prices are expected to maintain a moderate upward trend, with the current price at 2384 yuan/ton, down 0.71% week-on-week but up 0.76% year-on-year [3][16]. - Sugar prices have decreased slightly, with the current price at 5910 yuan/ton, down 1.34% week-on-week [3][16]. Investment Recommendations - Recommended stocks include: - Livestock: YouRan, Modern Farming, China Shengmu, and Guangming Meat [4][5]. - Pet industry: Guibao Pet, Zhongchong Co., and Ruipu Biotech [4]. - Feed industry: Haida Group [4]. - Pig farming: Dekang Agriculture, Muyuan, Huadong, Wens, and others [4]. - Poultry: Lihua, Yisheng, and Shengnong Development [4].

Group 1 - The A-share market for chicken industry stocks experienced a significant rally, with companies like Xiaoming Co. rising nearly 14%, Minhe Co. up over 8%, and Yisheng Co. increasing by nearly 6% [1] - The price of white feather chicken has seen extreme fluctuations, dropping below 3 yuan per jin in early July, leading to deep losses in the industry. To mitigate excess supply, some breeding farms have resorted to extreme measures such as culling breeding chickens [1] - By August, the price of毛鸡 surged to a peak of 3.7 yuan per jin, while chick prices skyrocketed from 1.5 yuan per chick to 4.2 yuan per chick, marking an increase of 180%. The demand for chicks remains high despite the price surge [1] - Since July, domestic chick prices have entered a rising trend, with a staggering increase of 300% in Shandong, a major meat chicken production province, over just a month [1]