益生股份：预计2025年归母净利润同比下降70.23%至62.29%

Core Viewpoint - Yisheng Co., Ltd. expects a significant decline in net profit for the fiscal year 2025, projecting a range of 150 million to 190 million yuan, representing a decrease of 70.23% to 62.29% compared to the previous year [1] Group 1: Financial Performance - The company anticipates a net profit for 2025 to be between 150 million and 190 million yuan, indicating a substantial decline from the previous year [1] - Despite a more than 10% year-on-year increase in the sales volume of broiler chicken seedlings, the company faced significant price drops in chicken and live chicken, leading to a temporary loss in this segment [1] Group 2: Market Conditions - The sales price of broiler chicken seedlings has seen a notable decline due to low market prices, impacting overall profitability [1] - Starting from September 2025, the price of parent broiler chicken seedlings has been increasing monthly, indicating a potential recovery in market conditions that could support future profitability [1] Group 3: Business Segments - The company's pig breeding business has experienced explosive growth, leveraging high-quality and high-health dual-negative pigs, which has enhanced its market competitiveness [1] - This pig breeding segment has become a significant profit growth point, effectively mitigating some of the performance decline from the broiler chicken segment [1]