Core Viewpoint - The company expects a significant decline in net profit for the first half of 2025, projecting a profit of 5 million to 7.5 million yuan, which represents a year-on-year decrease of 97.27% to 95.90% [3] Group 1: Performance Forecast - The performance forecast period is from January 1, 2025, to June 30, 2025 [1] - The company anticipates a positive net profit but with a downward trend [1] Group 2: Communication with Accounting Firm - The performance forecast has not been pre-audited by the accounting firm, but preliminary discussions have taken place, and there are no discrepancies between the company and the accounting firm regarding the forecast [2] Group 3: Reasons for Performance Changes - The company experienced a year-on-year increase in the sales volume of broiler chicks, but the selling price decreased significantly due to low market prices for chicken and live chickens, leading to losses in this segment [3] - The pig business saw a substantial increase in profit due to stable production capacity and effective cost control measures, despite the overall chicken business facing slight losses [3] - The combined effect of these factors results in a projected net profit of 5 million to 7.5 million yuan for the first half of 2025, a significant decline compared to the previous year [3] Group 4: Employee Stock Ownership Plan - The lock-up period for the company's 2024 employee stock ownership plan will end on July 16, 2025, following the approval of the plan by the board and shareholders [8] - The plan involved the purchase of 1,057,900 shares at an average price of 8.518 yuan per share, totaling approximately 9.01 million yuan [9] - After the lock-up period, the management committee will decide on the sale of shares based on market conditions, adhering to trading regulations [10]
山东益生种畜禽股份有限公司 2025年半年度业绩预告