Jin Rong Jie·2026-02-02 12:04Group 1 - The company disclosed a research reception announcement, indicating that it hosted 28 institutions including Ruifeng Fund and CITIC Securities for a research meeting on January 30, 2026 [1] - The latest stock price of the company is 16.28 yuan, down 1.77 yuan or 9.81% from the previous trading day's closing price, with a total market value of 18.099 billion yuan [1] - The company operates in the pesticide and veterinary drug industry, with a rolling average industry P/E ratio of 47.77 times and a median of 27.11 times, while the company's P/E ratio stands at 179.63 times, ranking 32nd in the industry [1] Group 2 - The clinical trial progress of the African swine fever vaccine is on track, having obtained clinical approval in July 2025, started field trials in October, and completed the first challenge trial on January 23, 2026, meeting interim evaluation requirements [1] - The company plans to initiate the second round of challenge trials in early April 2026 and complete all clinical trial data collection and analysis by June [1] - The African swine fever vaccine has significant competitive advantages, including high safety and protection rates, and has completed large-scale immunization experiments involving 10,000 pigs [1] Group 3 - The company is actively advancing its international strategy, having reached cooperation intentions with relevant departments and enterprises in Vietnam to promote the trial and registration of the African swine fever subunit vaccine [2] - The mRNA vaccine for feline infectious peritonitis, a globally pioneering product, received clinical trial approval in July 2025, with a protection rate exceeding 80%, and is expected to be launched in 2028 [2] - As of September 30, 2025, the company had 49,033 shareholders, a decrease of 5,873 from the previous count, with an average holding value of 369,100 yuan and an average holding quantity of 22,700 shares [2]