Workflow
牧原股份业绩暴增519%!宣布85亿分红后,港股上市计划再加速

Core Insights - The company reported significant growth in revenue and net profit, with a revenue of 137.95 billion yuan in 2024, a year-on-year increase of 24.43%, and a net profit of 17.88 billion yuan, up 519.42% [1] - A generous cash dividend plan was announced, with a total cash dividend of 75.88 billion yuan for the year, representing 45.38% of the annual net profit [1] - The company plans to list H-shares on the Hong Kong Stock Exchange, aiming to raise over $1 billion for international expansion and innovation [2] Financial Performance - In Q1 2025, the company achieved a revenue of 36.06 billion yuan, a year-on-year increase of 37.26%, and a net profit of 4.49 billion yuan, up 288.79% [1] - The company's breeding cost per kilogram decreased from 15.8 yuan in early 2024 to 12.5 yuan by March 2025, with a target to reduce it to around 12 yuan for the entire year of 2025 [3] Strategic Initiatives - The company is expanding its international presence, having established a partnership with a Vietnamese company for pig farming technology services and set up a subsidiary in Vietnam [2] - A focus on technological innovation is evident, with a research and development investment of 1.747 billion yuan in 2024 and a dedicated R&D team of over 6,486 members [3]