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]

Investment Rating - The overall industry rating is "Positive" for the agriculture sector, indicating expected returns above the CSI 300 index by more than 5% in the next six months [6][51]. Core Views 1. **Livestock Industry Chain** - The swine market is experiencing rising epidemic risks and policy support, which is expected to enhance the motivation for capacity reduction. The average price of live pigs is currently 13.71 CNY/kg, down 0.62 CNY from last week, while the average price for 15 kg piglets is 31.24 CNY/kg, down 1.48 CNY [5][19]. - The operating rate of large-scale slaughterhouses has increased to 31.9%, up 0.36 percentage points from last week and 7.26 percentage points year-on-year. The total output of pigs from 16 listed companies reached 100.75 million heads, a year-on-year increase of 16.9% [5][19]. - The number of breeding sows has decreased to 40.43 million heads, down 370,000 from the peak last year. The average profit per head for self-bred pigs is 45 CNY, an increase of 2 CNY from last week [6][20]. 2. **Poultry Industry** - Chicken prices are experiencing fluctuations, with the average price for broiler chickens at 3.54 CNY/lb, up 0.13 CNY from last week. The average price for white feather chickens is 13.9 CNY/kg, up 0.2 CNY [21][23]. - The industry is at a historically high capacity level, with limited imports in the first seven months of the year. The profitability per chicken has turned positive at 0.62 CNY [21][23]. - The yellow chicken market is also seeing price declines, with average prices at 9.77 CNY/kg for Lihua yellow chicken, down 0.02 CNY from last month [23][24]. 3. **Seed and Planting Industry** - The seed industry is benefiting from ongoing policy optimization and the promotion of genetically modified organisms (GMOs). The long-term investment value of leading seed companies is highlighted as they are at historical low valuations [10][24]. - Grain prices are experiencing short-term adjustments but are expected to rise in the medium term due to reduced imports and adverse weather conditions. The average purchase price for corn is 2441 CNY/ton, down 4 CNY from last week [12][24]. Company Recommendations - Recommended companies include: - Zhongchong Co., Ltd. - Buy [3] - Muyuan Foods Co., Ltd. - Buy [3] - Suqian Agricultural Development Co., Ltd. - Buy [3]

Core Viewpoint - Jiangsu Lihua Food Group Co., Ltd. reported mixed sales performance in July, with chicken sales increasing while pork sales declined, indicating a divergence in market trends [1][2]. Sales Performance Summary - In July, Lihua's sales of yellow feathered chickens reached 49.15 million, generating revenue of 1.034 billion yuan, with an average selling price of 9.77 yuan/kg, reflecting a month-on-month increase of 12.13% in volume but a slight decrease of 0.20% in price [1]. - The average selling price of yellow feathered chickens has been on a downward trend for three consecutive months, dropping from 11.20 yuan/kg in April 2025 to 9.77 yuan/kg in July 2025 [1]. - For pork, Lihua sold 145,500 pigs in July, with revenue of 260 million yuan and an average price of 14.75 yuan/kg, showing a month-on-month decline of 14.01% in volume but a slight increase of 1.44% in price [1][2]. Market Analysis - Analysts noted that the price of yellow feathered chickens has entered a bottoming phase, with expectations of a price rebound in mid-August due to reduced supply and increased demand from pre-festival stocking [1][3]. - The supply of yellow feathered chickens decreased by approximately 5% in July due to increased exit of smallholders and adverse weather conditions affecting supply [1]. - In the pork market, the average price in July was 14.55 yuan/kg, with a month-on-month increase of 1.89% but a year-on-year decrease of 23.13% [2]. Profitability Insights - Despite being in a consumption off-season, there remains profitability potential for breeding companies, with theoretical profits for self-bred pigs averaging 169.90 yuan per head in July, up 13.36% month-on-month [3]. - Lihua and other leading companies are managing to maintain micro-profits through cost control, while smaller operators are still facing losses [3].

Group 1 - Hewei Electric achieved a net profit of 243 million yuan in the first half of 2025, a year-on-year increase of 56.79% [1] - The company reported a revenue of 1.884 billion yuan, representing a year-on-year growth of 36.39% [1] - Hewei Electric specializes in the sales of wind power converters and photovoltaic inverters, along with related services [1] Group 2 - Jidian Co. received approval for a 1507.93 MW wind power project, increasing its approved project capacity to 1607.93 MW, over 10% of last year's total installed capacity [2] - The company focuses on the research, production, and sales of thermal power, hydropower, and renewable energy [2] Group 3 - Nanya New Materials reported a net profit of 87.19 million yuan in the first half of 2025, a year-on-year increase of 57.69% [2] - The company achieved a revenue of 2.305 billion yuan, reflecting a year-on-year growth of 43.06% [2] - Nanya specializes in the design, research, production, and sales of copper-clad laminates and bonding sheets [2] Group 4 - Rongzhi Rixin reported a net profit of 14.24 million yuan in the first half of 2025, a significant year-on-year increase of 2063.42% [2] - The company achieved a revenue of 256 million yuan, representing a year-on-year growth of 16.55% [2] - Rongzhi Rixin provides intelligent operation and maintenance solutions for industrial equipment [3] Group 5 - Jiasheng Group reported a net profit of 142 million yuan in the first half of 2025, a year-on-year decrease of 14.46% [4] - The company achieved a revenue of 1.171 billion yuan, showing a slight year-on-year growth of 0.19% [4] - Jiasheng specializes in the production and manufacturing of knitted sportswear [4] Group 6 - Lidong Group's subsidiary received project approvals for aluminum alloy wheels from international automotive manufacturers, with expected sales of approximately 1.643 billion yuan over the project duration [5][6] - The company focuses on the research, manufacturing, and sales of aluminum alloys and related products [6] Group 7 - Jianglong Shipbuilding won a bid for a 78.55 million yuan infrastructure project in the marine economic development zone [7] - The project has a duration of 540 days and involves the design, research, production, and sales of various types of boats [7] Group 8 - Liyuan Information reported a net profit of 96.13 million yuan in the first half of 2025, a year-on-year increase of 65.79% [31] - The company achieved a revenue of 4.034 billion yuan, reflecting a year-on-year growth of 17.46% [31] - Liyuan specializes in the distribution of electronic components and the development of smart grid products [31] Group 9 - Baijie Shenzhou reported a net profit of 450 million yuan in the first half of 2025, reversing a loss of 287.7 million yuan from the previous year [32] - The company achieved total revenue of 17.518 billion yuan, a year-on-year increase of 46% [32] - Baijie Shenzhou focuses on the research, development, production, and commercialization of innovative drugs [32] Group 10 - Xianhe Co. plans to invest 11 billion yuan in a new integrated high-performance paper-based material project [34] - The project will include the construction of production lines for bamboo pulp and high-performance paper-based materials [34] Group 11 - Zhongchuan Technology's subsidiary plans to invest approximately 5.712 billion yuan in a 1.3 million kilowatt wind power project [35] - The company specializes in wind turbine manufacturing and related engineering services [35] Group 12 - Source Technology received a purchase order worth 1.415 billion yuan for high-power laser chips [20] - The company focuses on the research, design, production, and sales of optical chips [21]

Core Insights - Lihua Co., Ltd. reported meat chicken sales of 49.15 million heads in July 2025, generating revenue of 1.034 billion yuan, with an average selling price of 9.77 yuan/kg [1] - The company sold 145,500 heads of meat pigs in July 2025, resulting in revenue of 260 million yuan, with an average selling price of 14.75 yuan/kg [1] Summary by Category Meat Chicken Sales - Total sales volume: 49.15 million heads - Revenue: 1.034 billion yuan - Average selling price: 9.77 yuan/kg - Month-on-month changes: Sales volume increased by 12.13%, revenue increased by 9.77%, average price decreased by 0.20% - Year-on-year changes: Sales volume increased by 10.75%, revenue decreased by 14.90%, average price decreased by 25.93% [1] Meat Pig Sales - Total sales volume: 145,500 heads - Revenue: 260 million yuan - Average selling price: 14.75 yuan/kg - Month-on-month changes: Sales volume decreased by 14.01%, revenue decreased by 14.19%, average price increased by 1.44% - Year-on-year changes: Sales volume increased by 17.53%, revenue decreased by 8.77%, average price decreased by 23.65% [1]

人民财讯8月7日电，立华股份（300761）8月7日晚间公告，7月销售肉鸡(含毛鸡、屠宰品及熟制 品)4915.08万只，销售收入10.34亿元，毛鸡销售均价9.77元/公斤，环比变动分别为12.13%、 9.77%、-0.20%，同比变动分别为10.75%、14.90%、-25.93%；7月销售肉猪14.55万头，销售收入2.60亿 元，肉猪销售均价14.75元/公斤，环比变动分别为-14.01%、-14.19%、1.44%，同比变动分别为 17.53%、-8.77%、-23.65%。 ...

Group 1 - The core point of the article is that Lihua Co., Ltd. (300761.SZ) reported its sales performance for July 2025, showing significant changes in both chicken and pork sales [1] Group 2 - In July 2025, the company sold 49.15 million chickens, generating a revenue of 1.034 billion yuan, with an average selling price of 9.77 yuan/kg. The month-on-month changes were 12.13% for sales volume, 9.77% for revenue, and -0.20% for average price. Year-on-year changes were 10.75% for sales volume, -14.90% for revenue, and -25.93% for average price [1] - The company sold 145,500 pigs in July 2025, with a revenue of 260 million yuan and an average selling price of 14.75 yuan/kg. Month-on-month changes were -14.01% for sales volume, -14.19% for revenue, and 1.44% for average price. Year-on-year changes were 17.53% for sales volume, -8.77% for revenue, and -23.65% for average price [1]

立华股份（300761）(300761.SZ)披露2025年7月销售情况，公司2025年7月销售肉鸡(含毛鸡、屠宰品及 熟制品)4915.08万只，销售收入10.34亿元，毛鸡销售均价9.77元/公斤，环比变动分别为12.13%、 9.77%、-0.20%，同比变动分别为10.75%、-14.90%、-25.93%。 公司2025年7月销售肉猪14.55万头，销售收入2.60亿元，肉猪销售均价14.75元/公斤，环比变动分别 为-14.01%、-14.19%、1.44%，同比变动分别为17.53%、-8.77%、-23.65%。 ...

证券代码：300761 证券简称：立华股份 公告编号：2025-057 江苏立华食品集团股份有限公司 2025 年 7 月销售情况简报 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、2025 年 7 月销售情况 江苏立华食品集团股份有限公司（以下简称公司）2025 年 7 月销售肉鸡（含 毛鸡、屠宰品及熟制品）4,915.08 万只，销售收入 10.34 亿元，毛鸡销售均价 9.77 元/公斤，环比变动分别为 12.13%、9.77%、-0.20%，同比变动分别为 10.75%、- 14.90%、-25.93%。 公司 2025 年 7 月销售肉猪 14.55 万头，销售收入 2.60 亿元，肉猪销售均价 14.75 元/公斤，环比变动分别为-14.01%、-14.19%、1.44%，同比变动分别为 17.53%、 -8.77%、-23.65%。 二、销售情况汇总 | 月份 | | 肉鸡销量（万只） | | 销售收入（亿元） | 毛鸡销售均价 | | --- | --- | --- | --- | --- | --- | | | | | | | （元/公 ...

证券之星消息，8月6日养殖业板块较上一交易日上涨0.62%，华英农业领涨。当日上证指数报收于 3633.99，上涨0.45%。深证成指报收于11177.78，上涨0.64%。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) | | --- | --- | --- | --- | --- | --- | | 002321 | 华英农业 | 2.76 | 6.15% | 70.23万 | 1.90亿 | | 300761 | 立华股份 | 20.18 | 1.41% | 9.32万 | 1.86亿 | | 603477 | 巨星农牧 | 21.07 | 1.40% | - 16.03万 | 3.35亿 | | 605296 | 神农集团 | 32.28 | 1.35% | 4.30万 | 1.37亿 | | 002714 | 牧原股份 | 46.77 | 1.10% | 31.20万 | 14.55 乙 | | 300313 | *ST天山 | 8.89 | 0.91% | 10.80万 | 9674.29万 | | 000876 | 新希望 | 9.74 ...