证券代码：002746 证券简称：仙坛股份 公告编号：2025-063 山东仙坛股份有限公司 关于拟变更公司全称的公告 三、其他事项说明 （一）本次拟变更的公司全称已经过市场监督管理部门预核准，相关变更信 息以市场监督管理部门最终核准为准。 （二）本次拟变更公司全称事项符合公司战略规划和业务发展需要，变更后 的公司全称与公司战略规划更为匹配，不存在利用变更名称影响公司股价、误导 投资者的情形，也不存在损害公司和中小股东利益的情形。 备查文件： 1、第五届董事会第十五次会议决议。 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、拟变更公司全称的说明 山东仙坛股份有限公司于 2025 年 10 月 25 日召开了第五届董事会第十五次 会议，审议通过了《关于拟变更公司全称的议案》，本议案尚需提交公司 2025 年第二次临时股东会审议。本次拟变更公司全称不涉及公司证券简称及证券代码 变更，证券简称"仙坛股份"、证券代码"002746"保持不变，公司全称变更情 况如下： | | 变更前 | 变更后 | | --- | --- | --- | | 公司全称（中文） | ...

证券代码：002746 证券简称：仙坛股份 公告编号：2025-064 4、会议时间： （1）现场会议时间：2025 年 11 月 12 日 14:30 一、召开会议的基本情况 1、股东会届次：公司 2025 年第二次临时股东会 2、股东会的召集人：董事会 公司于 2025 年 10 月 25 日召开的第五届董事会第十五次会议审议通过《关于召开公 司 2025 年第二次临时股东会的议案》，同意召开本次股东会。 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上市 规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 山东仙坛股份有限公司 关于召开公司 2025 年第二次临时股东会的通知 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 （3）公司聘请的律师。 （4）根据相关法规应当出席股东会的其他人员。 8、会议地点：山东省烟台市牟平工业园区（城东）公司三楼会议室 二、会议审议事项 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 ...

证券代码：002746 证券简称：仙坛股份 公告编号：2025-062 山东仙坛股份有限公司 第五届董事会第十五次会议决议公告 会议以记名投票表决方式审议并通过如下决议： 一、审议通过《公司 2025 年第三季度报告》 公司的董事、高级管理人员保证公司 2025 年第三季度报告内容真实、准确、 完整地反映了公司的实际情况，不存在任何虚假记载、误导性陈述或者重大遗漏， 并签署了书面确认意见。 《公司 2025 年第三季度报告》详见公司指定信息披露媒体《中国证券报》、 《证券时报》、《上海证券报》、《证券日报》及巨潮资讯网（www.cninfo.com.cn）。 表决结果：7 票同意，0 票反对，0 票弃权。 本议案已经第五届董事会审计委员会 2025 年第四次会议审议通过。 二、审议通过《关于拟变更公司全称的议案》 为适应公司业务规模持续扩大及子公司架构发展的需要，提升集团化经营管 理效能，强化统一品牌形象与市场宣传效果，并符合国家关于企业集团登记管理 的相关要求，公司拟将全称由"山东仙坛股份有限公司"变更为"山东仙坛集团 股份有限公司"。此次变更旨在更准确地反映公司集团化运营实质，优化资源配 置与战略协同，为 ...

Group 1 - The core point of the article is that Xiantan Co., Ltd. (SZ 002746) held its 15th meeting of the 5th board of directors on October 25, 2025, where it reviewed the proposal to amend the company's articles of association [1] - For the first half of 2025, Xiantan's revenue composition was as follows: food processing accounted for 97.23%, breeding accounted for 1.46%, feed processing accounted for 0.95%, and organic fertilizer processing accounted for 0.35% [1] - As of the time of reporting, Xiantan's market capitalization was 5.5 billion yuan [1]

Revenue and Profitability - Q3 2025 revenue reached ¥1,599,770,808.60, an increase of 14.75% year-over-year[4] - Net profit attributable to shareholders decreased by 30.56% to ¥56,390,212.58 in Q3 2025[4] - Net profit excluding non-recurring items fell by 40.05% to ¥42,269,205.48 in Q3 2025[4] - Basic earnings per share decreased by 22.22% to ¥0.07 in Q3 2025[4] - Net profit attributable to shareholders of the parent company was CNY 193,124,452.58, up 72.4% from CNY 111,968,551.38 in the previous period[21] - The company reported a gross profit margin of approximately 4.6% for the current period, compared to 3.5% in the previous period[20] Cash Flow and Financial Position - Operating cash flow for the year-to-date increased significantly by 2,497.52% to ¥585,492,663.32[11] - The net cash flow from operating activities was $585.49 million, a significant improvement from a negative $24.42 million in the previous period[23] - Cash inflow from investment activities totaled $2.44 billion, compared to $1.76 billion in the prior year, indicating a 38.7% increase[23] - The net cash flow from investment activities was negative at $535.41 million, contrasting with a positive $20.58 million in the previous year[23] - Cash inflow from financing activities reached $2.76 billion, up from $1.66 billion, representing a 66.7% increase year-over-year[23] - The net cash flow from financing activities was negative at $221.72 million, an improvement from a negative $264.32 million in the previous year[23] - Total cash outflow from operating activities was $4.02 billion, slightly down from $4.30 billion in the previous year[23] Assets and Liabilities - Total assets at the end of the reporting period were ¥7,768,581,785.02, a decrease of 0.84% from the previous year[4] - Total assets amounted to CNY 7,768,581,785.02, slightly down from CNY 7,834,377,469.42 in the previous period[19] - Total liabilities increased to CNY 3,048,605,985.52 from CNY 3,023,203,058.50, reflecting a rise of 0.8%[19] - The total current assets amount to 5,286,110,243.77 CNY, a decrease from 5,397,531,683.76 CNY at the beginning of the period[17] - Cash and cash equivalents decreased from 3,901,311,029.59 CNY to 3,616,739,823.67 CNY[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,149[14] - The largest shareholder, Wang Shouchun, holds 23.37% of shares, totaling 201,150,000 shares[14] - The second-largest shareholder, Qu Lirong, holds 21.34% of shares, totaling 183,600,000 shares[14] - The total number of preferred shareholders is zero, indicating no preferred shares outstanding[15] - The company has no significant changes in the top 10 shareholders participating in margin trading[14] Other Financial Metrics - Government subsidies recognized in the current period amounted to ¥15,153,332.70, contributing to other income growth[6] - The company reported a 100% increase in asset disposal gains year-over-year, indicating improved asset management[11] - The net cash flow from operating activities increased due to higher cash receipts from sales and reduced cash payments related to operations[11] - Research and development expenses totaled CNY 7,376,711.45, a decrease of 8.3% from CNY 8,043,877.13 in the previous period[20] - Deferred income tax assets decreased to CNY 43,460,520.39 from CNY 53,128,164.30, a decline of 18.2%[18] Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[20]

Core Insights - The aquaculture sector experienced a 2.28% increase on October 27, with Shengnong Development leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Aquaculture Sector Performance - Shengnong Development (002299) closed at 16.97, up 4.24% with a trading volume of 239,800 shares and a transaction value of 403 million yuan [1] - Other notable performers included: - Bangxi Co., Ltd. (300967) at 22.05, up 4.01% [1] - Yisheng Co., Ltd. (002458) at 9.17, up 3.62% [1] - Lihua Co., Ltd. (300761) at 22.15, up 3.12% [1] - Muyu Co., Ltd. (002714) at 50.25, up 2.84% with a transaction value of 2.24 billion yuan [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 102 million yuan from institutional investors, while retail investors experienced a net outflow of 613.2 million yuan [2] - Key stocks with significant capital flow included: - Muyuan Foods (002714) with a net inflow of 234 million yuan from institutional investors [3] - Shennong Group (605296) with a net inflow of 22.49 million yuan [3] - Xinnong Co., Ltd. (000876) with a net inflow of 22.84 million yuan [3]

Investment Rating - Industry Rating: Outperform the market (maintained rating) [8] Core Views - The poultry sector is experiencing a high season for avian influenza, with a focus on the need for overseas breeding imports, particularly for white chickens. The French Ministry of Agriculture has raised the risk level for highly pathogenic avian influenza from "medium" to "high" as of October 22, 2025. The total breeding stock update from January to September 2025 was 906,200 sets, a year-on-year decrease of 21.78% [12][13] - The yellow chicken segment is expected to see supply contraction, with demand being the core variable. As of September 21, 2025, the breeding stock was at 13.7 million sets, with a week-on-week decrease of 0.5% but a year-on-year increase of 5% [14] - The egg-laying chicken segment is seeing record profits for leading companies, with a significant reduction in domestic breeding imports due to avian influenza, leading to a tightening supply outlook [15] Summary by Sections Poultry Sector - Focus on white chicken fundamentals and changes in breeding imports. The ongoing avian influenza season necessitates attention to overseas breeding imports, particularly from France, which has seen a significant drop in breeding stock updates [12][13] - Yellow chicken supply may contract, with prices sensitive to demand changes. The average price for yellow chickens is expected to improve in the second half of the year compared to the first half [14] - Leading egg-laying companies are achieving historical profit highs, with a focus on companies like Xiaoming Co. due to their market share and bargaining power [15] Swine Sector - The swine industry continues to face losses, with a slight rebound in pig prices and stabilization in piglet prices. The average price of pigs was 11.95 yuan/kg, up 5.7% from the previous week [16][17] - There is a focus on the potential for capacity reduction in the swine sector, with leading companies like Muyuan Foods and Wen's Group being highlighted for their profitability [17] Cattle Sector - The dairy and beef cattle industries are undergoing significant capacity reduction, with a notable 8% decrease in dairy cow stock. The price for beef cattle is expected to see a turning point, with companies that utilize a "dairy-meat linkage" model being particularly well-positioned [18] Pet Sector - The domestic pet brand market is rapidly growing, with a focus on companies like Guibao Pet and Zhongchong Co. The export of pet food is also on the rise, with a year-on-year increase of 7.56% in volume [19][20][21] Seed Industry - The seed industry is poised for a turnaround, with a focus on biotechnology and genetically modified crops. Leading companies in the seed sector are expected to enhance their competitive edge [22] Feed and Animal Health Sectors - The feed sector is recommended for companies like Haida Group, which is expected to benefit from market share gains. The animal health sector is also highlighted for its potential to break through homogenized competition with innovative products [23][24]

Investment Rating - Industry Rating: Outperform the Market (maintained rating) [1] Core Viewpoints - The report highlights the ongoing challenges in the poultry industry due to the rising incidence of highly pathogenic avian influenza (HPAI), particularly in Europe, which has seen a significant increase in reported cases [4][5] - The report suggests that the heightened risk level for avian influenza in France may indicate an earlier onset of the flu season, impacting poultry farming practices and potentially leading to increased biosecurity measures [5] - There is a notable decline in the domestic breeding stock imports, with a 29.1% year-on-year decrease in the first nine months of 2025, primarily due to the suspension of imports from the US and New Zealand [6] Summary by Sections Industry Overview - The poultry industry is currently facing a critical period with the global outbreak of HPAI, which has resulted in 1,374 new cases reported globally, marking a 61.5% increase year-on-year [4] - The report emphasizes the need for close monitoring of overseas breeding stock imports and the structural changes in breeding practices as a response to the avian influenza threat [6] Market Trends - The report indicates that the poultry market is experiencing fluctuations, with a focus on the implications of avian influenza on supply chains and pricing strategies [6] - The report recommends paying attention to the emergence of domestic breeding opportunities and the importance of securing alternative breeding resources [6] Investment Recommendations - The report recommends focusing on companies that are well-positioned to adapt to the changing landscape, specifically highlighting Shengnong Development as a key player, while also suggesting to monitor Yisheng Livestock, Minhe Livestock, Hefeng Livestock, and Xiantan Livestock for potential investment opportunities [6]

Core Insights - The aquaculture sector experienced a slight increase of 0.28% on October 23, with Xiaoming Co. leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Aquaculture Sector Performance - Xiaoming Co. (300967) closed at 21.86, up 2.82% with a trading volume of 105,300 shares and a transaction value of 230 million [1] - Tianyu Biological (603717) closed at 9.17, up 2.12% with a trading volume of 152,700 shares and a transaction value of 140 million [1] - Other notable performers include Xiangjia Co. (002982) up 1.76%, Minhe Co. (002234) up 1.73%, and Xinwufeng (600975) up 1.57% [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 25.81 million from institutional investors, while retail investors contributed a net inflow of 4.57 million [2] - Major stocks like Jingji Zhino (000048) experienced a significant net outflow of 29.90 million from speculative funds [3] - Muyu Co. (002714) had a net inflow of 43.02 million from institutional investors, but also saw a net outflow of 26.25 million from speculative funds [3]

资料显示，山东仙坛股份有限公司位于山东省烟台市牟平工业园区(城东)，成立日期2001年6月14日， 上市日期2015年2月16日，公司主营业务涉及配合饲料加工,粮食收购。种鸡,家禽饲养,销售,家禽屠宰,加 工销售(限分支机构经营)。货物、技术进出口;普通货物道路运输。主营业务收入构成为：鸡肉产品 96.83%，商品代肉鸡及其他3.17%。 截至6月30日，仙坛股份股东户数3.07万，较上期减少1.19%；人均流通股23122股，较上期增加1.21%。 2025年1月-6月，仙坛股份实现营业收入25.40亿元，同比增长5.24%；归母净利润1.37亿元，同比增长 344.55%。 融券方面，仙坛股份10月22日融券偿还1300.00股，融券卖出3200.00股，按当日收盘价计算，卖出金额 1.99万元；融券余量5.78万股，融券余额36.01万元，超过近一年80%分位水平，处于高位。 10月22日，仙坛股份涨0.16%，成交额8524.88万元。两融数据显示，当日仙坛股份获融资买入额 1038.11万元，融资偿还1018.62万元，融资净买入19.48万元。截至10月22日，仙坛股份融资融券余额合 计1.76亿 ...