HAID GROUP(SZ:002311) 3 6 Ke·2025-08-26 00:28Group 1 - The report emphasizes the importance of focusing on the pig farming industry, highlighting opportunities for both offensive and defensive strategies. It suggests that pig prices may trend downward year-on-year by 2025, while remaining relatively stable within the year, alongside a decrease in costs leading to profits exceeding expectations. The focus should be on high-quality pig companies with significant changes in marginal costs and good financial conditions [1] - The pet food industry is in a growth phase, with leading companies increasing their market share [1] - Attention is recommended for the post-cycle of the breeding chain, specifically suggesting the feed leader Haida Group and companies related to animal vaccines [1] - There is a correlation between yellow chicken prices and pig prices, with the potential for price increases in the future due to low supply levels [1]