002910，再次开盘涨停

Core Viewpoint - The dairy industry is experiencing a notable change post the "Double Festival" period, with a recovery in milk prices and a general market rebound, although the sustainability of this trend remains uncertain [3][4]. Group 1: Market Performance - After the "Double Festival," dairy stocks, particularly Zhuangyuan Pasture (002910.SZ), saw significant increases, with Zhuangyuan Pasture hitting the daily limit for two consecutive days, indicating a positive market sentiment [3]. - Other dairy companies also experienced gains, with Knight Dairy (920786.BJ) up 4.44% and New Dairy up 5.85%, reflecting a broader upward trend in the sector [3]. Group 2: Financial Performance - Zhuangyuan Pasture reported a revenue of 420 million yuan in the first half of 2023, a year-on-year decrease of 1.3%, while its net profit attributable to shareholders was -30 million yuan, showing a significant year-on-year increase of 68.5% [3]. Group 3: Milk Price Trends - The average purchase price of fresh milk in major production areas rose from 3.02 yuan/kg in August to 3.04 yuan/kg by the end of September, indicating a stabilization in prices [4]. - Prices for scattered milk in Hebei increased from 2.5 yuan/kg to 4.2 yuan/kg before the festivals, while in Ningxia, prices rose from 2.1 yuan/kg to between 3.5 and 3.7 yuan/kg [4]. Group 4: Market Dynamics - Analysts expect that the demand for dairy products will peak during the "Double Festival," leading to a more balanced supply-demand situation, which may ease competition among dairy companies [4]. - However, post-festival, scattered milk prices have begun to decline, with prices in Hebei dropping to 2.8 yuan/kg, suggesting ongoing market pressures [4]. - The dairy market is witnessing increased fragmentation in product sales and regional market dynamics, indicating that the sustainability of the current recovery is still in question [4].