SHENNONG SEED(SZ:300189) Hai Nan Ri Bao·2025-08-23 01:14Core Viewpoint - The article highlights the development of deep-sea cage aquaculture in Danzhou, Hainan, focusing on the successful harvest of golden pomfret by Shennong Aquatic Products, a subsidiary of Shennong Seed Industry, and the strategic initiatives taken by the local government to promote marine fisheries [1][3][4]. Company Summary - Shennong Aquatic Products has successfully harvested its first batch of 120,000 pounds of golden pomfret, which were raised in deep-sea cages for nearly five months [3]. - The company has invested in a deep-sea cage aquaculture project in the Erman Bay, having released an initial batch of 4 million golden pomfret fry into the sea in April [3][4]. - The company employs an "order-based production" model, with plans to process the fish in Zhanjiang before distributing them to major supermarkets nationwide [4]. - Shennong Aquatic Products is enhancing the disease resistance and survival rates of golden pomfret through breeding programs in collaboration with institutions like the Chinese Academy of Sciences and Hainan University [5]. Industry Summary - The development of deep-sea cage aquaculture is a key direction for the transformation and structural adjustment of Hainan's fisheries [5]. - The local government has designated five deep-sea areas covering 40,800 hectares to promote deep-sea aquaculture, aiming to alleviate financial pressures on enterprises and support high-quality development of modern marine fisheries [5]. - The government is in discussions with Shennong Aquatic Products to expand the aquaculture scale to 10,000 acres, which is expected to enhance local fishermen's income [5].