北京大北农科技集团股份有限公司关于开展商品期货套期保值业务的进展公告

Group 1 - The company is engaging in commodity futures hedging to stabilize raw material costs and pig sales prices, aiming to mitigate risks from price fluctuations and ensure steady development [1][2] - The board of directors approved the continuation of commodity futures hedging business, allowing a maximum margin usage of 300 million yuan, effective until the next annual shareholders' meeting [2] - From January 1 to October 31, 2025, the company reported approximately 119.06 million yuan in investment income from hedging activities, accounting for 34.43% of the previous year's audited net profit attributable to shareholders [2] Group 2 - In October 2025, the company sold 460,000 pigs, generating sales revenue of 579 million yuan, with a month-on-month sales volume increase of 23.09% and a year-on-year increase of 45.20% [17] - Cumulatively, from January to October 2025, the company sold 3.62 million pigs, representing a year-on-year growth of 28.09%, with total sales revenue of 5.48 billion yuan, up 12.51% year-on-year [17] - The increase in pig sales volume in October 2025 is attributed to the gradual release of production capacity [19]