Core Viewpoint - The poultry market, particularly for chicken products, is experiencing weak demand due to adverse weather conditions and low egg prices, leading to losses in the breeding sector. However, seasonal demand may increase in September due to various factors, although the growth may be limited [1]. Company Summary - Xiaoming Co., Ltd. (300967) reported sales of 21.59 million chickens in August 2025, generating revenue of 79.90 million yuan, with month-on-month changes of 8.34% and 6.34%, respectively. Year-on-year changes were 0.82% and 11.73% [1]. Industry Summary - The egg market is currently facing weak overall demand, influenced by hot and humid weather conditions. Despite some short-term boosts from back-to-school stocking, the improvement in demand has been limited, and egg prices remain low [1]. - The breeding sector is in a state of loss, with low replenishment intentions among breeding units. Many are adopting a wait-and-see approach after reducing their stock [1]. - A seasonal increase in market demand is anticipated in September due to cooler temperatures post-autumn, the start of food processing for the Mid-Autumn Festival, and increased procurement from schools. However, the expected growth in demand may be modest [1].
晓鸣股份：8月销售鸡产品收入7990.41万元 环比增长6.34%