上市公司积极布局 “宠物经济”发展驶入快车道

Group 1 - The "pet economy" in China is experiencing rapid growth, with policies and activities being launched across multiple regions, leading to a surge in related stocks. The Wind Pet Economy Index has increased by over 37% year-to-date as of September 24 [1] - The market size of China's pet industry has grown from 97.8 billion yuan in 2015 to 592.8 billion yuan in 2023, with a compound annual growth rate (CAGR) of 25.4%. It is projected to reach 811.4 billion yuan by 2025, and could potentially hit 1.15 trillion yuan by 2028 [2] - The pet industry is seen as entering a golden decade of high-quality development, with significant growth potential remaining untapped. The market is expected to double in size [2][3] Group 2 - The penetration rate of pets in Chinese households is still lower compared to developed markets, indicating strong future growth potential for the pet economy. Key segments such as pet food, medical care, and cleaning products are currently the largest and fastest-growing areas [3] - Local governments are increasingly supporting the pet economy through various policies, such as promoting the development of pet-related products and encouraging technological innovation in the industry [3][4] - Several listed companies are actively investing in the pet sector, with notable acquisitions and the establishment of subsidiaries focused on pet food and related products. For instance, Huang Shang Huang has invested 494.7 million yuan to acquire a 51% stake in a freeze-dried food manufacturer [5][6]