证券代码：605296 证券简称：神农集团 公告编号：2025- 127 云南神农农业产业集团股份有限公司 关于 2025 年半年度权益分派实施后调整回购股份价 格上限的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、股份回购事项概况 云南神农农业产业集团股份有限公司（以下简称"公司"）分别于 2024 年 10 月 28 日召开第四届董事会第二十四次会议，2024 年 11 月 15 日召开 2024 年 第四次临时股东会会议，审议通过了《关于以集中竞价交易方式回购股份方案 的议案》，同意公司使用自有资金或自筹资金，通过集中竞价交易方式进行股份 回购，回购的股份将全部用于公司员工持股计划或股权激励计划。本次回购价 格不超过人民币 42.55 元/股，用于回购股份的资金总额不低于人民币 10,000 万元（含）且不超过人民币 20,000 万元（含），回购期限自股东会审议通过本 次回购方案之日起 12 个月内，即 2024 年 11 月 16 日起至 2025 年 11 月 15 日止。 具 体 内 ...

云南神农农业产业集团股份有限公司 云南神农农业产业集团股份有限公司 Yunnan Shennong Agricultural Industry Group Co.,LTD. 2025 年第五次临时股东会 会议资料 股票代码：605296 股票简称：神农集团 中国 昆明 二〇二五年十一月 1 | 关于变更注册资本并修订《公司章程》的议案 7 | | --- | 云南神农农业产业集团股份有限公司 2025 年第五次临时股东会 会议须知 为维护全体股东的合法权益，确保云南神农农业产业集团股份有限公司(以 下简称"公司")股东会的正常秩序和议事效率，保证股东会的顺利进行，根据 《中华人民共和国公司法》《中华人民共和国证券法》《公司章程》及《股东会议 事规则》的规定，特制定本次股东会须知如下： 一、为能够及时统计出席会议的股东（或股东代表）所代表的持股总数，请 现场出席股东会的股东和股东代表于会议开始前 30 分钟到达会议地点，并携带 身份证明、股东账户卡、加盖法人公章的《营业执照》复印件（法人股东)、授 权委托书(股东代理人)、持股凭证等原件，以便签到入场；参会资格未得到确认 的人员，不得进入会场。 二、为保证本次会 ...

Group 1 - The article highlights that among companies that have announced interim dividend plans, 29 have not yet completed their distributions, with the top three companies by pre-tax dividend per share being Deyang Co. (1.108 CNY), China Shenhua (0.98 CNY), and Sanxie Electric (0.50 CNY) [1] - In terms of total pre-tax dividends, China Shenhua leads with a total of 19.471 billion CNY, followed by Haier Smart Home (2.507 billion CNY), Huadian International (1.045 billion CNY), and Deyang Co. (1.004 billion CNY) [1] - Haier Smart Home reported a revenue of 234.054 billion CNY for the first three quarters, representing a year-on-year growth of 15.31%, with a net profit attributable to shareholders of 17.373 billion CNY, up 14.64% [1] Group 2 - The article mentions that among companies that have announced third-quarter dividend plans, 10 have not yet completed their distributions, with the top three companies by pre-tax dividend per share being Action Education (0.50 CNY), Huihan Co. (0.50 CNY), and Yuanxiang New Materials (0.30 CNY) [2]

Investment Rating - The report maintains a "Recommended" rating for the industry, indicating a positive outlook for the sector's fundamentals and expected performance relative to market benchmarks [2]. Core Insights - The report emphasizes the importance of consumer spending recovery and highlights various sectors within the consumer industry, including agriculture, food and beverage, textiles, home appliances, retail, pharmaceuticals, and social services [1][6][20][22][25]. - Key recommendations include focusing on high-quality breeding stocks in agriculture, structural growth opportunities in consumer goods, and the potential for recovery in textile manufacturing orders due to stable overseas demand [6][9][20][25]. Summary by Relevant Sections Agriculture - The report suggests a continued recommendation for high-quality breeding stocks, emphasizing food security and the ongoing reduction in pig breeding capacity, which is expected to elevate future pork prices [25][26]. Food and Beverage - The food and beverage sector is highlighted for its structural growth, particularly in the liquor market, where demand is expected to stabilize. Companies like Ximai Foods are noted for their strong revenue growth and innovative product launches [7][8]. Textiles - The textile sector is recommended for its recovery potential, with a focus on leading manufacturers benefiting from improved order conditions as global demand stabilizes [9][10]. Home Appliances - The home appliance sector shows signs of recovery, with companies like Huabao New Energy and XGIMI Technology expected to experience significant growth due to expanding market demands and improved operational efficiencies [14][15]. Retail - The retail sector is experiencing a boost in store openings and same-store sales improvements, particularly in the snack food segment, indicating a positive trend in consumer spending [18][19]. Pharmaceuticals - The pharmaceutical industry is recommended for its innovative upstream and CXO chains, with companies like WuXi AppTec and Kanglong Chemical showing strong performance and growth potential [20][21]. Social Services - The report identifies investment opportunities in the restaurant and OTA sectors, particularly in brands that are expected to benefit from ongoing consumer trends and government support for consumption [22][23].

证券日报网讯 11月3日晚间，神农集团发布公告称，2025年10月，公司未实施股份回购。 （文章来源：证券日报） ...

证券之星消息，11月3日养殖业板块较上一交易日上涨1.29%，罗 牛 山领涨。当日上证指数报收于 3976.52，上涨0.55%。深证成指报收于13404.06，上涨0.19%。养殖业板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 000735 | 罗牛山 | 8.06 | 9.96% | 82.79万 | 6.46 乙 | | 300761 | 立华股份 | 21.44 | 2.44% | 7.79万 | 1.67亿 | | 300498 | 温氏股份 | 18.19 | 1.90% | 51.05万 | 9.26 G | | 002714 | 牧原股份 | 51.19 | 1.77% | - 49.35万 | 25.27亿 | | 002234 | 民和股份 | 9.16 | 1.66% | 5.86万 | 5358.07万 | | 301116 | 益客食品 | 11.16 | 1.64% | 3.71万 | 4131.37万 | | 000048 | 京墓智农 | ...

根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，公司在回购股份期间，应该在每个月的前 3 个交 易日内公告截至上月末的回购进展情况。现将公司回购股份的情况披露如下： 重要内容提示： | 回购方案首次披露日 | 2024/10/29，由公司董事长提议 | | --- | --- | | 回购方案实施期限 | 待股东会审议通过后 12 个月 | | 预计回购金额 | 10,000万元~20,000万元 | | 回购用途 | □减少注册资本 √用于员工持股计划或股权激励 | | | □用于转换公司可转债 | | | □为维护公司价值及股东权益 | | 累计已回购股数 | 658.06万股 | | 累计已回购股数占总股本比例 | 1.25% | | 累计已回购金额 | 17,998.41万元 | | 实际回购价格区间 | 24.68元/股~29.20元/股 | 一、回购股份的基本情况 云南神农农业产业集团股份有限公司（以下简称"公司"）分别于 2024 年 10 月 28 日召开第四届董事会第二十四次会议、2024 年 11 月 15 日召开 2024 年第四 次临 ...

格隆汇11月3日丨神农集团(605296.SH)公布，截至2025年10月31日，公司本次回购已累计回购股份 658.06万股，占公司当前总股本的比例为1.25%，已支付的总金额为1.80亿元（不含印花税、交易佣金 等交易费用）。 ...

Core Viewpoint - The company plans to conduct a share buyback from November 16, 2024, to November 15, 2025, with a total funding amount of 100-200 million yuan for employee stock ownership or equity incentives [1] Summary by Relevant Sections - **Share Buyback Details** - The total amount allocated for the share buyback is between 100 million and 200 million yuan [1] - As of October 31, 2025, the company has repurchased a total of 6.5806 million shares, accounting for 1.25% of the total share capital [1] - The total amount paid for the repurchased shares is 179.9841 million yuan, with a buyback price range of 24.68 to 29.20 yuan per share [1] - No buyback was implemented in October 2025 [1]

Summary of Conference Call on Swine Industry Industry Overview - The swine market is currently experiencing a dual increase in supply and demand, but supply pressure remains significant. The number of new piglets is expected to rise in the first half of 2025, leading to increased fattening output in Q4 2025. However, the breeding group has a pessimistic outlook for 2026, compounded by high Q4 output, which continues to exert supply pressure [1][4]. Key Financial Insights - The swine industry faced losses at the end of Q3 and the beginning of Q4 2025, with cash costs around 11 RMB/kg. Small and medium-sized farmers are losing approximately 16 RMB and 34 RMB per pig, respectively, while those purchasing piglets are facing losses of 257 RMB per pig. The overall profitability of the industry is under pressure, and production capacity is entering a phase of reduction [1][5]. Production Capacity and Market Predictions - It is anticipated that swine production capacity will continue to decrease in the near term. In September 2025, the number of breeding sows decreased by 90,000 compared to the end of Q2. The industry is expected to face losses again in Q4 2025 and the first half of 2026, accelerating the capacity reduction process under government encouragement to control production [1][6]. Investment Recommendations - The company recommends investing in Muyuan Foods, which maintains industry-leading costs and is increasing its dividend levels while reducing its debt ratio, indicating potential for value re-evaluation. Other recommended companies include Wens Foodstuff Group and several second-tier firms with good growth potential, low costs, and attractive valuations, such as Dekang Bange, Shennong Group, Juxing Agriculture, Tiankang Co., and Lihua Co. These companies have relatively stable debt ratios and are expected to have advantages in the next cycle [1][7][8]. Market Trends and Opportunities - The current market price trend for swine is in a clear downward phase, with prices dropping below expectations post-October. Although there has been a recent rebound to 12.2 RMB/kg, this is primarily due to previous sharp declines and absorption by the breeding group. Overall, supply remains high, and prices are expected to remain under pressure in the coming months [3][4]. Historical Context and Future Outlook - Historical data indicates that excess returns in each cycle often occur during the capacity reduction phase. The current situation presents a critical opportunity for investment, as industry losses and accelerated capacity reduction lay the groundwork for future upward cycles [2][9].