Core Viewpoint - Xiaoming Co., Ltd. experienced a 5.03% decline in stock price, closing at 23.80 CNY per share, with a trading volume of 194 million CNY and a turnover rate of 6.43%, resulting in a total market capitalization of 4.464 billion CNY [1] Company Overview - Xiaoming Co., Ltd. is located in Yinchuan, Ningxia, and was established on July 5, 2011, with its IPO on April 13, 2021. The company primarily engages in the breeding of grandparent and parent generation egg-laying chickens, sales of parent generation chicks, commercial chicks, and related by-products. The revenue composition is as follows: chicken revenue accounts for 87.88%, by-product revenue for 12.10%, and other revenue for 0.02% [1] Shareholder Information - Among the top ten circulating shareholders of Xiaoming Co., Ltd., a fund under Guotai Fund ranks as a significant stakeholder. The Guotai Zhongzheng Livestock Breeding ETF (159865) entered the top ten circulating shareholders in the second quarter, holding 1.0756 million shares, which represents 0.86% of the circulating shares. The estimated floating loss today is approximately 1.3553 million CNY [2] Fund Performance - The Guotai Zhongzheng Livestock Breeding ETF (159865) was established on March 1, 2021, with a current scale of 3.574 billion CNY. Year-to-date, it has achieved a return of 21.09%, ranking 2427 out of 4222 in its category. Over the past year, the return is 40.97%, ranking 2759 out of 3804. Since inception, the fund has incurred a loss of 31.32% [2]

Group 1 - The core viewpoint of the article highlights that in August, the company experienced growth in both sales volume and revenue for chicken products, attributed to an increase in market share and enhanced customer loyalty through improved value chain collaboration and service upgrades [1][3]. - In August, the company sold 21.59 million chickens, generating revenue of 79.90 million yuan, with month-on-month increases of 8.34% in sales volume and 6.34% in revenue, and year-on-year increases of 0.82% in sales volume and 11.73% in revenue [3]. - According to the company's half-year report, in the first half of 2025, chicken product sales reached 154.24 million birds, a year-on-year increase of 64.71%, with sales revenue of 660.70 million yuan, up 131.14%, and chicken product revenue accounting for 87.88% of total revenue, while domestic market share rose to approximately 25% [1].

Core Viewpoint - Xiaoming Co., Ltd. reported its sales performance for August 2025, indicating a stable growth in both sales volume and revenue for chicken products [1] Sales Performance - In August 2025, the company sold 21.59 million chickens, reflecting a month-on-month increase of 8.34% [1] - The sales revenue for the same period reached 79.90 million yuan, with a month-on-month growth of 6.34% [1] - Year-on-year comparisons show a slight increase in sales volume by 0.82% and a more significant revenue growth of 11.73% [1]

Group 1 - Matrix Co., Ltd. announced that its wholly-owned subsidiary, Anke Technology, introduced a strategic investor, Shenzhen Jifu New Industry Venture Capital Fund, which invested 5 million yuan for a 10% stake [1] - Heng Rui Medicine received approval from the National Medical Products Administration for its Eicosapentaenoic Acid Ethyl Ester Soft Capsule, aimed at reducing triglyceride levels in patients with severe hypertriglyceridemia [1] - Mo Gao Co., Ltd. announced the resignation of its Vice President Jin Baoshan due to job transfer [1] Group 2 - Yao Wang Technology decided to terminate two fundraising projects and will permanently supplement the remaining funds into working capital [2] - Minhe Livestock reported sales of 25.53 million chicklings in August, generating revenue of 86.41 million yuan, with year-on-year growth of 27.60% [2] - Sichuan Jinding announced the resignation of its Director and General Manager Xiong Jifeng due to personal reasons [3] Group 3 - Taiji Group received approval for clinical trials of its Semaglutide Injection, aimed at blood sugar control in type 2 diabetes patients [5] - Jieput announced plans to increase capital in its affiliate, Suidong Intelligent Technology, with an investment of 5 million yuan for a 5% stake [7] - GeLing Deep Vision's controlling shareholders committed not to reduce their shareholdings for six months starting from September 17, 2025 [8] Group 4 - Huafeng Superfiber reported the resignation of its Vice President Liu Cong due to personal reasons [9] - Xiaoming Co., Ltd. reported sales revenue of 79.90 million yuan from chicken products in August, with year-on-year growth of 11.73% [11] - Lion Head Co., Ltd. announced that its application for issuing shares and cash to acquire assets has been accepted by the Shanghai Stock Exchange [12] Group 5 - Jinlong Automobile reported a bus sales volume of 4,074 units in August, a year-on-year increase of 23.6% [43] - Metro Design signed a contract for the Ho Chi Minh City urban rail transit project in Vietnam, with a total amount of 1.754 trillion VND [45] - North New Road and Bridge announced winning a mining construction project worth 504 million yuan [28]

Core Viewpoint - Xiaoming Co., Ltd. (300967.SZ) reported an increase in chicken product sales and revenue for August 2025, indicating a positive trend in performance despite challenges in the egg market [1] Company Performance - In August 2025, the company sold 21.59 million chickens, generating a revenue of 79.90 million yuan, with month-on-month changes of 8.34% and 6.34%, respectively, and year-on-year changes of 0.82% and 11.73% [1] - The growth in sales volume and revenue is attributed to the company's enhanced market share and the establishment of a new ecosystem for upstream and downstream development, which has improved customer loyalty [1] Industry Insights - The egg market faced weak overall demand due to hot and humid weather, with limited improvement from back-to-school stocking, leading to continued low egg prices [1] - The breeding sector is experiencing losses, resulting in low replenishment intentions among breeding units, which are adopting a wait-and-see approach after emptying their stocks [1] - A seasonal demand increase is anticipated in September due to factors such as cooler temperatures after the start of autumn, food processing for the Mid-Autumn Festival, and concentrated procurement needs from schools, although the extent of the increase may be limited [1]

Core Viewpoint - Xiaoming Co., Ltd. (300967.SZ) reported an increase in chicken product sales and revenue for August 2025, indicating a positive trend in performance despite challenges in the egg market [1] Company Performance - In August 2025, the company sold 21.59 million chickens, generating revenue of 79.90 million yuan, with month-on-month changes of 8.34% and 6.34%, respectively [1] - Year-on-year changes for sales volume and revenue were 0.82% and 11.73%, respectively, showing growth in both metrics [1] Market Conditions - The overall demand for eggs was weak due to hot and humid weather, despite some short-term boosts from back-to-school stocking [1] - Egg prices remained low, and the breeding sector faced losses, leading to a cautious approach from breeding units regarding restocking [1] Future Outlook - The market is expected to see seasonal growth in September due to factors such as cooler temperatures, food processing for the Mid-Autumn Festival, and increased school procurement [1] - However, the anticipated price increase may be limited [1]

Core Viewpoint - The poultry market, particularly for chicken products, is experiencing weak demand due to adverse weather conditions and low egg prices, leading to losses in the breeding sector. However, seasonal demand may increase in September due to various factors, although the growth may be limited [1]. Company Summary - Xiaoming Co., Ltd. (300967) reported sales of 21.59 million chickens in August 2025, generating revenue of 79.90 million yuan, with month-on-month changes of 8.34% and 6.34%, respectively. Year-on-year changes were 0.82% and 11.73% [1]. Industry Summary - The egg market is currently facing weak overall demand, influenced by hot and humid weather conditions. Despite some short-term boosts from back-to-school stocking, the improvement in demand has been limited, and egg prices remain low [1]. - The breeding sector is in a state of loss, with low replenishment intentions among breeding units. Many are adopting a wait-and-see approach after reducing their stock [1]. - A seasonal increase in market demand is anticipated in September due to cooler temperatures post-autumn, the start of food processing for the Mid-Autumn Festival, and increased procurement from schools. However, the expected growth in demand may be modest [1].

Core Viewpoint - Xiaoming Co., Ltd. (300967.SZ) reported its sales performance for chicken products in August 2025, indicating a stable growth trajectory in both sales volume and revenue [1] Group 1: Sales Performance - The company sold 21.59 million chickens in August 2025, reflecting a month-on-month increase of 8.34% [1] - The sales revenue for the same period reached 79.90 million yuan, with a month-on-month growth of 6.34% [1] - Year-on-year comparisons show a slight increase in sales volume by 0.82% and a more significant revenue growth of 11.73% [1]

Group 1 - The company announced that it sold 21.5903 million chickens in August 2025, generating a revenue of 79.9041 million yuan [1] - The month-on-month changes in sales volume and revenue were 8.34% and 6.34% respectively [1] - The year-on-year changes in sales volume and revenue were 0.82% and 11.73% respectively [1]

2025 年 8 月鸡产品销售情况简报 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。 证券代码：300967 证券简称：晓鸣股份 公告编号：2025-149 宁夏晓鸣农牧股份有限公司 2025 年 8 月，公司鸡产品销售数量、销售收入同比、环比均实现增长，主 要系随着上半年产品市占率的进一步提升，公司积极构建产业上下游发展新生态， 深化价值链协同与服务升级，进一步提升了客户粘性。 8 月受湿热天气等因素影响，鸡蛋市场需求整体偏弱，虽有开学备货等短期 提振，但改善幅度有限，蛋价持续低位运行。鸡蛋市场旺季不旺，养殖处于亏损 状态，养殖单位补栏意向不高，养殖单位空栏后多持观望态度。预计进入 9 月份， 随着立秋后气温回落、食品加工开始启动中秋备货、学校开学集中采购需求增加 等因素提振，市场需求有望迎来季节性增长，但涨幅可能有限。 三、鸡产品销售情况汇总 | | 月份 | | 销售数量（万羽） | | | 销售收入（万元） | 鸡产品销售 均价（元/羽） | | --- | --- | --- | --- | --- | --- | --- | --- | | | ...