Core Insights - In August 2025, major listed pig farming companies in China reported a total sales volume of 15.35 million pigs, representing a year-on-year increase of 21.21% and a month-on-month increase of 6.91% [2][6][7] - The total revenue for these companies in August 2025 was 23.52 billion yuan, showing a year-on-year decline of 15.42% but a slight month-on-month increase of 0.88% [6][12] Sales Volume Analysis - The leading company in terms of sales volume was Muyuan Foods, with 7 million pigs sold, followed by Wens Foodstuffs and New Hope, each selling over 1.3 million pigs [2][9] - Companies such as Zhengbang Technology and Lihua Co. saw their sales volume growth exceed 100% year-on-year [7][11] - Compared to July, companies like Zhenghong Technology and Dongrui Co. experienced a slowdown in sales growth, while Lihua Co. and Dabeinong saw increases of 40 percentage points or more [7][12] Revenue Analysis - The revenue figures indicate that companies like Shennong Group, Jingji Agricultural, and New Hope experienced revenue declines exceeding 30% year-on-year [2][12] - Muyuan Foods was the only company to exceed 10 billion yuan in revenue for August, with a total of 11.85 billion yuan, despite a year-on-year decline of 12.3% [13] - Zhengbang Technology and Lihua Co. reported revenue growth rates exceeding 40% year-on-year, while other companies generally faced revenue declines [12][13] Price Trends - The average transaction price for pigs in the national market has been relatively stable around 15 yuan per kilogram since the beginning of 2025, but in August 2025, it dropped below 14 yuan per kilogram, marking a significant year-on-year decline [3][6]

Group 1 - A total of 83 stocks experienced block trades in the A-share market on September 18, with a total transaction value of 11.257 billion yuan [1] - The top three stocks by transaction value were Pudong Development Bank (6.368 billion yuan), Shenghong Technology (3.073 billion yuan), and Haoyuan Pharmaceutical (276 million yuan) [1] - Among the stocks, 21 were traded at par, 8 at a premium, and 54 at a discount; the highest premium rates were for Bangyan Technology (12.72%), Pudong Development Bank (3.29%), and Huayu Pharmaceutical-W (2.99%) [1] Group 2 - The top stocks by institutional buy amounts included Shenghong Technology (2.499 billion yuan), Dameng Data (70.342 million yuan), and Yinzhijie (54.357 million yuan) [1] - The top stocks by institutional sell amounts were Sanhua Intelligent Controls (9.11 million yuan), New Industry (7.968 million yuan), and Hailiang Co. (4.9551 million yuan) [2]

Group 1 - On September 18, Lihua Co., Ltd. executed a block trade of 1.1527 million shares, with a transaction amount of 26.1432 million yuan, accounting for 5.98% of the total transaction amount for the day [1] - The transaction price was 22.68 yuan, which was in line with the market closing price of 22.68 yuan [1]

Market Overview - The aquaculture sector experienced a decline of 2.56% on September 18, with Lihua Co. leading the drop [1] - The Shanghai Composite Index closed at 3831.66, down 1.15%, while the Shenzhen Component Index closed at 13075.66, down 1.06% [1] Stock Performance - Lihua Co. (300761) saw a significant drop of 4.71%, closing at 22.68 with a trading volume of 177,900 shares and a turnover of 411 million yuan [2] - Other notable declines included New Hope (000876) down 1.68% to 9.97 yuan, and Xiangjia Co. (002982) down 1.90% to 14.99 yuan [1][2] - The total net outflow of main funds in the aquaculture sector was 654 million yuan, while retail investors saw a net inflow of 615 million yuan [2][3] Fund Flow Analysis - The main funds showed a net outflow from several companies, including Jingji Zhinong (000048) with a net outflow of 61.41 million yuan [3] - Retail investors contributed positively to the sector, with significant inflows into companies like Huaying Agriculture (002321) and Xiantan Co. (002746) [3] - The overall fund flow indicates a mixed sentiment, with institutional investors pulling back while retail investors remain active [2][3]

Group 1 - The core point of the news is that Lihua Food Group's stock price dropped by 5% to 22.61 CNY per share, with a trading volume of 350 million CNY and a turnover rate of 2.40%, resulting in a total market capitalization of 18.931 billion CNY [1] - Lihua Food Group, established on June 19, 1997, and listed on February 18, 2019, 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] Group 2 - From the perspective of major fund holdings, Dachen Fund has a significant position in Lihua shares, with its Dachen Consumer Theme Mixed A Fund holding 1.4739 million shares, accounting for 3.2% of the fund's net value, ranking as the ninth largest holding [2] - The Dachen Consumer Theme Mixed A Fund, established on November 8, 2011, has a latest scale of 746 million CNY, with a year-to-date return of 13.5% and a one-year return of 41.61%, ranking 5417 out of 8172 and 4182 out of 7980 respectively [2] - The fund manager, Qi Weizhong, has been in position for 5 years and 230 days, with a total asset scale of 3.826 billion CNY, achieving the best fund return of 123.25% and the worst return of -9.84% during his tenure [2]

Company Overview - Lihua Food Group Co., Ltd. is located in Wujin District, Changzhou City, Jiangsu Province, and was established on June 19, 1997. The company was listed on February 18, 2019. Its main business involves the production and sales of yellow feathered chickens, pigs, and meat geese. The revenue composition is as follows: chicken accounts for 75.84%, pigs 23.31%, and geese 0.86% [1]. Stock Performance - On September 18, Lihua shares fell by 5%, trading at 22.61 CNY per share, with a transaction volume of 350 million CNY and a turnover rate of 2.40%. The total market capitalization is 18.931 billion CNY [1]. Fund Holdings - According to data from the top ten heavy stocks of funds, one fund under Yinhua Fund holds Lihua shares. The Yinhua Agricultural Industry Stock Initiation A (005106) held 2.1233 million shares in the second quarter, unchanged from the previous period, accounting for 6.92% of the fund's net value, ranking as the seventh largest heavy stock. The estimated floating loss today is approximately 2.5267 million CNY [2]. Fund Performance - The Yinhua Agricultural Industry Stock Initiation A (005106) was established on September 28, 2017, with a latest scale of 430 million CNY. Year-to-date returns are 12.11%, ranking 3489 out of 4222 in its category; the one-year return is 25.5%, ranking 3512 out of 3804; and since inception, the return is 44.2% [2]. Fund Manager - The fund manager of Yinhua Agricultural Industry Stock Initiation A (005106) is Tang Neng, who has a cumulative tenure of 10 years and 120 days. The total asset scale of the fund is 2.269 billion CNY, with the best fund return during his tenure being 114.41% and the worst being -40.93% [3].

Group 1 - The A-share market saw a decline in pork stocks, with notable drops in several companies [1] - Bangji Technology experienced a nearly 5% drop, while Tiankang Biological and Aonong Biological fell over 3% [1] - Other companies such as Zhenghong Technology, Xinwufeng, and Lihua Co. also reported declines exceeding 2% [1] Group 2 - Bangji Technology's market capitalization is 4.548 billion, with a year-to-date increase of 169.83% [2] - Tiankang Biological has a market cap of 10.5 billion and a year-to-date increase of 21.33% [2] - Aonong Biological's market cap stands at 15.1 billion, with a year-to-date increase of 64.41% [2] - Delisi has a market cap of 3.316 billion and a year-to-date increase of 19.45% [2] - Zhenghong Technology's market cap is 2.672 billion, with a year-to-date increase of 16.29% [2] - Xinwufeng has a market cap of 8.337 billion, with a year-to-date increase of 6.61% [2] - Lihua Co. has a market cap of 19.5 billion, with a year-to-date increase of 23.64% [2]

Group 1 - The core point of the article is that Lihua Co., Ltd. (300761.SZ) directly supplies yellow-feathered chickens to the customer, Laoxiangji [1]

Group 1 - The A-share market for pork stocks has weakened, with several companies experiencing significant declines in their stock prices [1] - Bangji Technology saw a drop of over 8%, while Tianyu Biological fell over 6%, and Jinxinnong decreased by over 4% [1] - Other notable declines include Haida Group down over 3%, Longda Meishi and Dayu Biological both down over 2%, and Muyuan Foods down over 2% as well [1] Group 2 - Bangji Technology's market capitalization is 4.777 billion, with a year-to-date increase of 183.41% despite the recent decline of 8.45% [2] - Tianyu Biological has a market cap of 2.707 billion, with a year-to-date increase of 15.90%, experiencing a decline of 6.23% [2] - Jinxinnong's market capitalization stands at 3.937 billion, with a year-to-date increase of 23.17%, and a recent drop of 4.12% [2] - Haida Group has a market cap of 106.9 billion, with a year-to-date increase of 33.54%, and a decline of 3.19% [2] - Longda Meishi's market cap is 6.313 billion, with a year-to-date decrease of 26.14%, and a recent decline of 2.99% [2] - Dayu Biological has a market cap of 1.192 billion, with a year-to-date increase of 90.39%, and a decline of 2.90% [2] - Muyuan Foods has a market cap of 307 billion, with a year-to-date increase of 48.15%, and a decline of 2.02% [2]

Group 1 - The poultry concept index rose by 1.80%, ranking fifth among concept sectors, with 19 stocks increasing in value, led by Tiankang Biological, Lihua Shares, and Huaton Shares, which rose by 8.20%, 7.25%, and 4.88% respectively [1] - The poultry sector saw a net inflow of 236 million yuan, with 15 stocks receiving net inflows, and 5 stocks exceeding 10 million yuan in net inflow, with Wens Foodstuffs leading at 186 million yuan [2][3] - The top net inflow ratios were recorded by Wens Foodstuffs at 9.12%, Huaying Agriculture at 5.31%, and Juxing Agriculture at 4.96% [3] Group 2 - The poultry sector's performance was notable, with a significant number of stocks showing positive movement, while some stocks like Huaying Agriculture and Shuanghui Development experienced declines of 1.03% and 0.51% respectively [1][2] - The trading volume and turnover rates for leading stocks in the poultry sector indicate strong investor interest, with Wens Foodstuffs having a turnover rate of 1.73% and Tiankang Biological at 10.72% [3][4] - The overall market sentiment for the poultry sector appears positive, as indicated by the net inflow of funds and the performance of key stocks [2][3]