Group 1 - The core viewpoint of the news is that the livestock sector is experiencing a positive trend due to capacity regulation policies, leading to a rise in related stocks and ETFs [1] - The Ministry of Agriculture and Rural Affairs, along with the National Development and Reform Commission, is holding a meeting on September 16 to discuss pig production capacity regulation with 25 companies, including major players like Muyuan, Wens, and New Hope [1] - Recent policies aimed at controlling new production capacity are helping the industry move away from low-price competition, guiding pig prices into a reasonable profit range [1] Group 2 - The livestock ETF is currently trading at a low price-to-earnings ratio (PE-TTM) of 14.95, which is below 80.76% of the time over the past three years, indicating a high safety margin [2] - There is potential for the livestock sector to experience a rebound if funds shift from high-performing technology stocks to lower-valued sectors [2]

Group 1 - The stocks of Delisi, Aonong Biological, and Tiankang Biological experienced significant increases, with Delisi hitting the daily limit, Aonong Biological rising over 9%, and Tiankang Biological increasing over 6% [1] - Other companies in the sector, including Lihua Stock, Jinxin Agricultural, Shennong Group, and Haida Group, also saw their stock prices surge [1]

Group 1 - The core viewpoint of the news is that Lihua Co., Ltd. experienced a 5% increase in stock price, reaching 24.34 yuan per share, with a trading volume of 355 million yuan and a turnover rate of 2.37%, resulting in a total market capitalization of 20.379 billion yuan [1] - Lihua Co., Ltd. is primarily engaged in the production and sales of yellow feathered chickens, pigs, and meat geese, with revenue composition being 75.84% from chickens, 23.31% from pigs, and 0.86% from geese [1] - The company was established on June 19, 1997, and was listed on February 18, 2019, located in Wujin District, Changzhou City, Jiangsu Province [1] Group 2 - Xiyin Fund has a significant holding in Lihua Co., Ltd., with its fund "Xiyin Smart Consumer Mixed A" holding 142,800 shares, accounting for 3.29% of the fund's net value, ranking as the eighth largest holding [2] - The fund has achieved a year-to-date return of 29.34% and a one-year return of 59.24%, with a total fund size of 21.0632 million [2] - The fund manager, Yuan Zuodong, has a tenure of 5 years and 211 days, with the fund's best return during his tenure being 63.57% and the worst being 14.61% [2]

Group 1 - Pork stocks experienced a volatile surge on September 15, with Delisi hitting the daily limit up [1] - Aonong Biological rose over 9%, while Tiankang Biological increased by more than 6% [1] - Other companies such as Lihua Stock, Jinxinnong, Shennong Group, and Haida Group also saw significant gains [1]

Group 1 - The A-share market saw a strong performance in the pork sector, with several companies experiencing significant stock price increases [1] - Delisi, Aonong Biological, and Tiankang Biological reached their daily limit up, while Jinxinnong rose over 4% and Lihua shares increased by more than 3% [1] - Haida Group, Shennong Group, Dayu Biological, and Muyuan shares all saw gains exceeding 2% [1]

Group 1 - The company Lihua Co., Ltd. announced that its actual controller, Mr. Cheng Lili, has completed a stock pledge release transaction with Huatai Securities (Shanghai) Asset Management Co., Ltd. and Yunnan International Trust Co., Ltd. [2] - A total of 25,820,000 shares were released from pledge, which accounts for 3.08% of the company's total share capital [2]

Group 1 - The pork concept sector leads the market with an increase of 2.74% [1] - Bangji Technology saw a rise of 6.39% [1] - Lihua Co., Ltd. increased by 4.81% [1] - Wens Foodstuff Group rose by 4.21% [1] - Muyuan Foods and Tianbang Foods both experienced gains of over 3% [1] - Huatong Foods also saw a significant increase [1]

Investment Rating - Industry rating: Recommended [4] Core Viewpoints - The Ministry of Agriculture and Rural Affairs will hold a meeting on September 16 to discuss the current situation of pig production and measures for capacity regulation among 25 pig farming enterprises [1] - Since late May, there have been frequent policies regarding capacity regulation in the pig farming industry, including a reduction of 1 million breeding sows to a target of 39.5 million [2] - The average slaughter weight of pigs has been steadily decreasing, with a decline of 3.65% as of the first week of September [2] - The current pig prices are low, with August's average price below 14 yuan/kg and recent prices in Guangxi dropping to under 12.5 yuan/kg [3] Summary by Sections Policy and Regulation - The government has implemented strict measures to control the breeding sow population and reduce the weight of pigs for slaughter [2] - Major enterprises like Muyuan Foods have committed to reducing their breeding sow population, with a planned reduction of 3.82% by the end of the year [2] Market Dynamics - The breeding sow population is currently at 40.42 million, slightly above the normal level, indicating potential for further reductions [3] - The pig price is expected to rise in the future due to a combination of active and passive capacity reductions, improving the supply-demand balance [3] Investment Opportunities - The pig farming sector is currently undervalued, with a recommendation to focus on companies like Lihua Stock, which is expected to benefit from rising chicken prices and a growing pig farming business [6] - The company plans to achieve a pig output of over 1 million heads in 2024, with a projected increase to 2 million heads in 2025 [6]

Group 1 - The aquaculture sector increased by 4.16% on September 11, with Lihua Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] - Key stocks in the aquaculture sector showed significant price increases, with Lihua Co., Ltd. rising by 13.96% to a closing price of 23.92 [1] Group 2 - The main capital flow in the aquaculture sector showed a net outflow of 583 million yuan from institutional investors, while retail investors had a net inflow of 660 million yuan [1] - Specific stock performances included New Hope with a net inflow of 4.11 million yuan from institutional investors, but a net outflow of 43.15 million yuan from speculative funds [2] - Other notable stocks included Dongrui Co., Ltd. with a net inflow of 1.49 million yuan from institutional investors and a net outflow of 17.04 million yuan from speculative funds [2]

证券代码：300761 证券简称：立华股份 公告编号：2025-072 江苏立华食品集团股份有限公司 关于实际控制人股份解质押的公告 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。 江苏立华食品集团股份有限公司（以下简称公司）于近日收到实际控制人程 立力先生的通知，获悉其持有的部分股份办理了解质押业务。具体情况公告如下： | 股东 名称 | 是否为控 股股东或 第一大股 | 本次解除 质押数量 | 解质押股 份占其所 | 占公司总 | 是否为限 售股（如 | 质押 起始日 | 解除 质押日 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 东及其一 致行动人 | （股） | 持股份比 例 | 股本比例 | 是，注明限 售类型） | | | | | 程立力 | 是 | 12,820,000 | 5.00% | 1.53% | 否 | 年 月 2024 10 日 17 | 年 月 2025 9 日 9 | 华泰证券 （上海）资 产管理有限 | | 程立力 | 是 | 13,000 ...