Core Viewpoint - Dekang Agriculture (02419) is recognized for its outstanding investment value, with Huayuan Securities issuing a "buy" rating based on its leading position in profitability and technology within the industry [1] Group 1: Business Model and Strategy - Dekang Agriculture has developed a unique "platform + ecosystem" model, which is expected to become a reference point for industry transformation [1] - The company has shifted from a production-oriented to a service-oriented enterprise, focusing on creating value for farmers through its "modern farm" initiative [2] - The "modern farm" model allows new farmers, often without prior experience, to quickly become proficient under Dekang's comprehensive training services [2] Group 2: Technological Innovation and Efficiency - Dekang Agriculture emphasizes technological innovation and research investment, maintaining a leading edge in the industry [3] - The company has established a global-leading breeding system and aims to produce high-quality food products while empowering farmers through a light-asset model [3] - In 2024, Dekang's modern farm is projected to achieve a per-head profit of 504 yuan, outperforming competitors like Muyuan and Wens [7] Group 3: Economic Impact and Future Prospects - Dekang's model has resulted in higher income for farmers, with an average income of 770,000 yuan per household in 2024, surpassing competitors by significant margins [5] - The company's approach aligns with national policies for high-quality development and rural revitalization, suggesting a promising future for its business model [7] - Dekang Agriculture is well-positioned to replicate the success of leading companies in the industry, making its future performance highly anticipated [7]
生猪养殖业探出“质变”关键一步，如何理解德康农牧（02419）“平台+生态”模式的新意？