宁夏晓鸣农牧股份有限公司 关于披露 2025 年第三季度报告的提示性公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 宁夏晓鸣农牧股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日召开 第五届董事会第二十二次会议，审议通过了《关于公司<2025 年第三季度报告> 的议案》。为使投资者全面了解公司的经营情况、财务状况等，公司《2025 年第 三季度报告》于 2025 年 10 月 24 日在中国证监会指定的创业板信息披露网站巨 潮资讯网(www.cninfo.com.cn)上披露，敬请投资者注意查阅。 特此报告。 证券代码：300967 证券简称：晓鸣股份 公告编号：2025-159 宁夏晓鸣农牧股份有限公司董事会 2025 年 10 月 24 日 ...

一、董事会会议召开情况 宁夏晓鸣农牧股份有限公司（以下简称"公司"）第五届董事会第二十二次 会议于 2025 年 10 月 16 日以电子邮件形式通知全体董事，于 2025 年 10 月 23 日上午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（其中董事 PAISAN YOUNGSOMBOON（杨森源）、虞泽鹏， 独立董事翟永功 3 人因其他工作以通讯表决方式出席本次会议）。公司部分高级 管理人员列席了会议。会议由魏晓明董事长主持，本次会议的召集、召开和表决 程序均符合《公司法》、《公司章程》及相关法律法规的规定。 二、董事会会议审议情况 证券代码：300967 证券简称：晓鸣股份 公告编号：2025-157 宁夏晓鸣农牧股份有限公司 第五届董事会第二十二次会议决议公告 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。 （http://www.cninfo.com.cn）披露的《2025 年第三季度报告》。 三、备查文件 1、第五届董事会第二十二次会议决议； 经与会董事认真审议，充分讨论，会议审议通过了《关于公司<2 ...

宁夏晓鸣农牧股份有限公司 2025 年第三季度报告 证券代码：300967 证券简称：晓鸣股份 公告编号：2025-158 宁夏晓鸣农牧股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1.董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 1 宁夏晓鸣农牧股份有限公司 2025 年第三季度报告 公司不存在其他符合非经常性损益定义的损益项目的具体情况。 将《公开发行证券的公司信息披露解释性公告第 1 号——非经常性损益》中列举的非经常性损益项目界定为经常性损益 项目的情况说明 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | - ...

Core Insights - The aquaculture sector experienced a slight increase of 0.28% on October 23, with Xiaoming Co. leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Aquaculture Sector Performance - Xiaoming Co. (300967) closed at 21.86, up 2.82% with a trading volume of 105,300 shares and a transaction value of 230 million [1] - Tianyu Biological (603717) closed at 9.17, up 2.12% with a trading volume of 152,700 shares and a transaction value of 140 million [1] - Other notable performers include Xiangjia Co. (002982) up 1.76%, Minhe Co. (002234) up 1.73%, and Xinwufeng (600975) up 1.57% [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 25.81 million from institutional investors, while retail investors contributed a net inflow of 4.57 million [2] - Major stocks like Jingji Zhino (000048) experienced a significant net outflow of 29.90 million from speculative funds [3] - Muyu Co. (002714) had a net inflow of 43.02 million from institutional investors, but also saw a net outflow of 26.25 million from speculative funds [3]

证券代码：300967 证券简称：晓鸣股份 公告编号：2025-156 宁夏晓鸣农牧股份有限公司 关于使用自有资金进行委托理财的进展公告 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。 宁夏晓鸣农牧股份有限公司（以下简称"公司"）于 2025 年 4 月 15 日召开 第五届董事会第二十次会议和第五届监事会第八次会议，审议通过了《关于使用 闲置自有资金进行委托理财的议案》，为提高公司资金使用效率，增加投资收益， 公司同意在确保不影响正常运营和资金安全的前提下，使用不超过 10,000 万元 （含 10,000 万元）闲置的自有资金进行委托理财，用于购买银行、证券公司、 信托公司、基金管理公司等金融机构发行的安全性高、流动性好、中低风险的现 金管理类产品或理财产品。上述额度自董事会审议通过之日起 12 个月内有效， 在有效期内额度可循环滚动使用，但期限内任一时点的委托理财金额(含前述投 资的收益进行再投资的相关金额)不得超过 10,000 万元。如单笔交易的存续期超 过了授权期限，则授权期限自动顺延至单笔交易终止时止。 《关于使用闲置自有资金进行委托理财的议案》 ...

Group 1: Company Overview and Strategy - The company aims to optimize the scale, flexibility, and product structure of the egg-laying chicken industry, focusing on sustainable and healthy development [3] - Key business areas include core business of chick production, and star businesses such as young chickens, premix feed, non-cage eggs, and new food products [3] - The company has successfully imported over 60,000 grandparent egg-laying chickens from the U.S. between March and May 2024, marking a significant update to its breeding stock [4] Group 2: Market Trends and Performance - The young chicken industry is experiencing steady growth, with an estimated output of approximately 560 million young chickens in 2024 [5] - The company sold 151.8 million commercial chicks in the first half of 2025, a 63.46% increase year-on-year, with an expected annual capacity of 300 million chicks [8] - The market share for chick products is approximately 25% as of the first half of 2025 [8] Group 3: Financial Insights - Sales revenue fluctuated in September 2025 due to overall supply-demand dynamics in the egg-laying chicken industry, with cautious expectations from breeding units [6] - The egg price experienced seasonal fluctuations, with a notable increase during the Mid-Autumn Festival and National Day, followed by a slight decline due to market adjustments [6] Group 4: Management and Governance - The company is transitioning from a founder-led management model to a professional manager model to enhance governance and operational efficiency [7] - The governance structure aims to separate ownership from management, ensuring clear responsibilities and checks and balances [7] Group 5: ESG and Sustainability Initiatives - The company implements a green development strategy, focusing on resource conservation and environmental protection, while adhering to national and local environmental regulations [7] - Animal welfare is prioritized through a "high-floor flat raising" model, enhancing both animal welfare and production performance [8]

Core Points - The aquaculture sector experienced a decline of 1.07% on October 17, with Xiaoming Co. leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Aquaculture Sector Performance - The following companies showed varied performance in the aquaculture sector: - Fucheng Co. (600965) closed at 4.94, up 0.41% with a trading volume of 90,700 shares and a turnover of 44.92 million yuan [1] - Wens Foodstuff Group (300498) closed at 18.58, down 0.27% with a trading volume of 338,300 shares and a turnover of 632 million yuan [1] - Luoniushan (000735) closed at 6.62, down 0.30% with a trading volume of 544,700 shares and a turnover of 364 million yuan [1] - Zhengbang Technology (002157) closed at 2.96, down 0.34% with a trading volume of 1,902,600 shares and a turnover of 26.8 million yuan [1] - Jinke Zhino (000048) closed at 16.81, down 0.47% with a trading volume of 124,800 shares and a turnover of 20.9 million yuan [1] Capital Flow Analysis - The aquaculture sector saw a net outflow of 250 million yuan from institutional investors and 111 million yuan from retail investors, while individual investors contributed a net inflow of 361 million yuan [2] - The following companies had notable capital flows: - Huaying Agriculture (002321) had a net inflow of 19.19 million yuan from institutional investors, while retail investors had a net outflow of 8.44 million yuan [3] - Jinke Zhino (000048) had a net inflow of 16.51 million yuan from institutional investors, with retail investors experiencing a net outflow of 14.04 million yuan [3] - Zhengbang Technology (002157) had a net inflow of 5.06 million yuan from institutional investors, while retail investors had a net outflow of 2.13 million yuan [3]

Core Viewpoint - Xiaoming Co., Ltd. (300967.SZ) experienced a 5.27% drop in stock price, reaching a new low of 20.3 yuan since August 8, indicating market concerns regarding upcoming share reductions by major shareholders [1] Group 1: Stock Performance - The stock price of Xiaoming Co., Ltd. fell by 5.27% to 20.3 yuan, marking the lowest level in over two months [1] - This decline reflects a significant market reaction to the planned share reduction by major shareholders [1] Group 2: Shareholder Actions - Shareholder Xiamen Chentu holds 4.4587 million shares, representing 2.38% of the total shares [1] - The associated entity, Chentu First Industry Fund, holds 1.4251 million shares, accounting for 0.76% [1] - Both entities plan to reduce their holdings by up to 5.5703 million shares, which is 2.97% of the total share capital, and 3% when excluding shares in the repurchase account, between October 22, 2025, and January 21, 2026 [1]

Group 1 - Cangzhou Mingzhu's controlling shareholder is set to change to Guangzhou State-owned Assets Supervision and Administration Commission, acquiring 19.58% voting rights through the transfer of 167 million shares [1] - Guotou Fengle's application for a private placement of shares has been approved by the Shenzhen Stock Exchange, moving forward to the registration process with the China Securities Regulatory Commission [1] - Hunan Baiyin plans to adjust its share repurchase price ceiling to 8 CNY per share, with a total repurchase fund between 92.6 million and 123 million CNY [2] Group 2 - Zancore's shareholders plan to reduce their holdings by up to 2.71% of the company's total shares, amounting to 324,790 shares [3] - Tongfu Microelectronics intends to reduce its holdings by up to 1% of the total shares, equating to 15,176,000 shares [4] - Huajin Capital's shareholder plans to reduce holdings by up to 3% of the total shares, which is 10,341,200 shares [5] Group 3 - Ansheng Technology and partners are establishing a joint venture with a registered capital of 788 million CNY for a battery recycling project [6] - Huaten Technology plans to acquire 100% of Huayi Microelectronics through a combination of cash and stock issuance [7] - CICC has received approval to register a 10 billion CNY technology innovation corporate bond [9] Group 4 - Taijia shares' shareholder plans to reduce holdings by up to 3% of the total shares, which is 755,210 shares [10] - Nanfang Energy expects a net profit of 342 million CNY for the first three quarters, a year-on-year increase of 125.08% [12] - Shunbo Alloy's shareholders plan to reduce their holdings by up to 2.05% of the total shares, which is 1,372,900 shares [14] Group 5 - Shenzhen Energy is participating in the establishment of a 1 billion CNY renewable energy industry fund, focusing on investments in various energy sectors [15] - China Electric Port's shareholders plan to reduce their holdings by up to 1% of the total shares, which is 759,900 shares [16] - Liangpinpuzi's controlling shareholder's transfer of control has been terminated due to unmet conditions [17] Group 6 - Jingsheng Electromechanical's five executives plan to reduce their holdings by up to 277,620 shares, which is 0.21% of the total shares [19] - Shaoneng shares' shareholder plans to reduce holdings by up to 3% of the total shares, which is 31,444,100 shares [20] - Xiaoming shares' shareholders plan to reduce their holdings by up to 2.97% of the total shares, which is 557,030 shares [21] Group 7 - Fangzheng Electric's shareholders and executives plan to reduce their holdings by up to 3.37% of the total shares [22] - Hainan Huatie is under investigation by the CSRC for suspected information disclosure violations [23] - Qianli Technology has submitted an application for H-share listing on the Hong Kong Stock Exchange [25]

Summary of Key Points Core Viewpoint - Multiple shareholders across various companies are planning to reduce their stakes, indicating potential shifts in ownership and market dynamics [1] Shareholder Reductions - Xiaoming Co., Ltd. shareholders Xiamen Chentu and its concerted parties plan to reduce their holdings by up to 2.97% [1] - Zhongdian Port shareholders Zhongdian Kunrun Fund and Zhongdian Development Fund intend to reduce their stakes by up to 1% [1] - Liao Ning Zhongde, Huzhou Yuntong, and Haitong Innovation, shareholders of Canxin Co., Ltd., plan to collectively reduce their holdings by no more than 324,790 shares [1] - Former controlling shareholder of Hangxin Technology, Liu Shaojian, plans to reduce his stake by up to 0.98% [1] - The actual controller of Jingda Co., Ltd., Li Guangrong, intends to reduce his holdings by no more than 3% [1] - Shareholders Wu Youcai and Guo Qinghui of Aonong Biological plan to collectively reduce their holdings by up to 894,000 shares [1] - Shareholders Shanghai Yundun and Shanghai Lanxiao of Action Education plan to collectively reduce their holdings by up to 2.3 million shares [1] - Shareholder Tong Yi Furong No. 16 of Yinlong Co., Ltd. plans to reduce their stake by up to 1.96% [1] - Donghua Software's director and general manager, Lv Bo, plans to reduce his holdings by no more than 1.519 million shares [1] Other Notable Events - Xin Sai Co., Ltd. announced that Xin Sai Trading has been declared bankrupt by the court [1] - Jinjia Co., Ltd. reported that 37.27 million shares held by Jinjia Chuangtou are subject to judicial auction [1]