证券代码：002746 证券简称：仙坛股份 公告编号：2023-046 山东仙坛股份有限公司 关于使用闲置自有资金进行证券投资的进展公告 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、证券投资概况 1、投资目的、资金来源及投资方式 为充分发挥闲置自有资金作用，提高资金使用效率，在不影响公司正常经营 的情况下，利用闲置自有资金进行低风险、流动性好的证券投资，为公司与股东 创造更大的收益。 证券投资的资金主要用于开展新股配售或者申购、证券回购、股票投资、基 金投资、债券投资、委托理财（含银行理财产品、信托产品）以及深交所等认可 的其他投资行为，不包含衍生品交易。 二、审议程序 公司于 2023 年 4 月 22 日、2023 年 5 月 16 日召开了第五届董事会第二次会 议和公司 2022 年度股东大会，审议通过了《关于使用闲置自有资金进行证券投 资的议案》，同意公司及其控股子公司使用不超过人民币 10 亿元的自有资金进 行低风险、流动性好的证券投资，且在该额度范围内，用于投资的资本金可循环 使用，投资取得的收益可进行再投资，再投资的金额不包含在初始投资金 ...

证券代码：002746 证券简称：仙坛股份 公告编号：2023-042 山东仙坛股份有限公司 2023 年 7 月份销售情况简报 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。 2、鸡肉产品销售价格大幅波动（上升或下降）可能会对公司的经营业绩产 生重大影响。敬请广大投资者审慎决策，注意投资风险。 特此公告。 一、2023 年 7 月份销售情况简报 山东仙坛股份有限公司（以下简称"公司"）2023 年 7 月实现鸡肉产品销售 收入 53,037.72 万元，销售数量 5.38 万吨，同比变动幅度分别为 14.78%、19.59%， 环比变动幅度分别为 8.62%、10.71%。 其中，家禽饲养加工行业实现鸡肉产品销售收入 50,322.12 万元，销售数量 5.20 万吨（注：抵消前的鸡肉产品销售收入为 53,269.01 万元，销售数量 5.39 万吨），同比变动 12.20%、18.04%，环比变动 9.07%、11.07%；食品加工行业实 现鸡肉产品销售收入 2,715.60 万元，销售数量 0.18 万吨，同比变动 99.85%、 95.45%，环比变动 ...

证券代码：002746 证券简称：仙坛股份 山东仙坛股份有限公司 投资者关系活动记录表 编号：2023-006 | | □特定对象调研 □分析师会议 □媒体采访 ■业绩说明会 | | --- | --- | | 投资者关系 | | | 活动类别 | □新闻发布会 □路演活动 | | | □现场参观 □一对一沟通 | | | □其他 （电话会议） | | 参与单位名称及 人员姓名 | 通过"全景•路演天下"（http://ir.p5w.net）参与公司 2022 年度报告网上说明会的投资者 | | 时间 | 2023 年 05 月 09 日 | | 地点 | "全景•路演天下"（http://ir.p5w.net） | | 形式 | 网络远程 | | | 董事长：王寿纯先生 | | 上市公司 | 董事、资深副总裁、财务总监、董事会秘书：许士卫先生 | | 接待人员姓名 | 独立董事：徐景熙先生 | | | 保荐代表人：曹方义先生 | | | 公司于 2023 年 05 月 09 日（星期二）下午 15 点至 17 点在 | | 投资者关系 | 全景网举行 2022 年度报告网上说明会。本次说明会采用网络远 | ...

山东仙坛股份有限公司 2022 年第三季度报告 □是 否 证券代码：002746 证券简称：仙坛股份 公告编号：2022-048 山东仙坛股份有限公司 2022 年第三季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度报告是否经过审计 □是 否 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|--------------------------|---------------- ...

Financial Performance - The company's operating revenue for the reporting period was ¥2,022,678,067.71, representing a 39.94% increase compared to ¥1,445,438,521.05 in the same period last year[39] - The net profit attributable to shareholders of the listed company was ¥16,837,537.39, a decrease of 86.19% from ¥121,963,020.70 in the previous year[39] - The net profit after deducting non-recurring gains and losses was -¥34,228,981.71, a decline of 159.41% compared to ¥57,617,795.54 in the same period last year[39] - The net cash flow from operating activities was -¥104,310,418.59, worsening by 114.86% from -¥48,548,475.23 in the previous year[39] - The total assets at the end of the reporting period were ¥5,846,794,371.15, an increase of 1.48% from ¥5,761,519,607.88 at the end of the previous year[39] - The company's basic earnings per share were 0.02 yuan, down 85.71% year-on-year[52] - The company's main revenue for chicken products (including prepared dishes) in the first half of 2022 was ¥1,858,114,164.21, representing a year-on-year increase of 41.94% compared to ¥1,309,055,355.01 in the same period of 2021[95] - The gross profit margin for chicken products decreased to -0.95% in the first half of 2022 from 5.86% in the same period of 2021, reflecting a decline of 116.21%[95] - The company's chicken product sales through direct sales channels increased by 36.73% year-on-year, reaching ¥583,763,794.80 in the first half of 2022[92] - The company's prepared dishes revenue grew by 11.14% year-on-year, totaling ¥69,555,371.95 in the first half of 2022[95] Production and Capacity - The company plans to achieve a slaughter capacity of 250-270 million chickens and a processed food capacity of 600,000 tons upon completion of the new project in 2024, effectively doubling its production capacity[50] - The production capacity of newly established subsidiaries, Zhucheng Food and Xiantan Qing Food, is gradually being released, leading to an increase in the number of chickens sold[52] - The company produced 213,120,607.84 kg of chicken in the first half of 2022, a 42.78% increase from 149,269,362.29 kg in the same period of 2021[100] - The sales volume of chicken products reached 206,411,860.12 kg in the first half of 2022, marking a 43.42% increase from 143,919,311.98 kg in the same period of 2021[100] Cost and Raw Materials - The cost of raw materials, particularly feed ingredients like corn and soybean meal, is a major concern, as price increases due to reduced planting areas or adverse weather could adversely affect future operating performance[12] - The company experienced a significant increase in production costs due to rising prices of raw materials such as corn and soybean meal[54] - The increase in operating costs in the breeding sector was attributed to rising prices of bulk raw materials such as corn and soybean meal, which increased by 36.02% year-on-year[114] - The operating cost increased by 50.59% to ¥2,018,026,252.52 from ¥1,340,066,860.52, primarily due to the release of production capacity from newly established subsidiaries[111] Risk Factors - The company reported a significant risk of disease outbreaks in poultry, which could directly impact production and operational performance[4] - The company emphasized that the price fluctuations of its main products, white feather chicken and chicken meat products, could significantly affect profitability, with potential for substantial price declines if supply exceeds demand[11] - The company faces risks related to cooperation with farms, which could be affected by dissatisfaction with income or management practices, potentially disrupting the breeding model[16] - The company is located in an area prone to severe weather, which poses risks to production facilities and supply chain operations[10] - The company acknowledges the potential for increased operational costs if national food safety and quality standards are raised[17] Corporate Governance and Compliance - The company has committed to ensuring the accuracy and completeness of its financial reports, with all board members present for the review[6] - The company has not faced any significant environmental violations during the reporting period[160] - The wastewater treatment facility at the subsidiary is designed to handle 4,000 m³/day and operates in compliance with environmental standards[158] - The company has implemented standardized management for solid waste and has not reported any violations in waste disposal[159] - The company has committed to protecting the rights of shareholders and investors by enhancing corporate governance and ensuring accurate information disclosure[166] Strategic Initiatives - The company has implemented a "company + self-raising farms + farms" cooperative breeding model, which has supported growth in chicken breeding and processing, enhancing profitability and risk resistance[13] - The company has signed a strategic cooperation agreement with Qingdao Aucma Cold Chain Integration Co., Ltd. and Asiapool (Qingdao) Economic and Trade Development Co., Ltd. to enhance its chicken products and cold chain logistics capabilities[49] - The company is committed to rural revitalization, helping over 2,000 cooperative farmers increase their income and contributing to local agricultural economic growth[51] - The company has been recognized as a national key leading enterprise in agricultural industrialization and has received multiple honors, including being a member of the China Meat Association and the Shandong Provincial Feed Industry Association[79] - The company has actively participated in social welfare activities, contributing to local economic development while pursuing profit[173] Environmental and Social Responsibility - The company emphasizes environmental protection and has developed a self-monitoring plan for environmental management, ensuring compliance with national regulations[164] - The company has developed a biological organic fertilizer and waste treatment business through its subsidiary, aligning with sustainable development trends[171] - The company has signed contracts with 65 impoverished villages, utilizing 6.61 million yuan of financial poverty alleviation funds to develop poultry breeding projects, benefiting 551 individuals from 249 households[177] - The company has been recognized as a "provincial-level poverty alleviation leading enterprise" and an "advanced collective in poverty alleviation" in Shandong Province[177] Product Development and Quality Control - The company has established a comprehensive food safety and quality management system, which is crucial given the increasing regulatory scrutiny and consumer focus on food safety[17] - The company maintains a complete industrial chain model covering feed production, breeding, hatching, and processing, ensuring food quality and safety[56] - The company has implemented a strict quality control system across all stages from feed production to chicken product sales, ensuring product quality and food safety[84] - The company’s prepared dishes are produced using fresh chicken meat slaughtered on the same day, ensuring maximum freshness and traceability of food safety[85] - The company is focusing on the development of prepared dishes in response to the growing demand in the catering industry, leveraging automated production lines for product customization[85] Investment and Financial Management - The company has allocated RMB 168.44 million for working capital, with 100% of this amount utilized by the end of the reporting period[136] - The company plans to complete the cooked food processing project by December 31, 2024, but has delayed the second phase due to the impact of COVID-19 on consumer demand[136] - The company has decided to halt further investments in the poultry farming technology renovation project, reallocating remaining funds to working capital[136] - The company approved the use of up to 850 million RMB of idle raised funds for cash management in high-security, liquid financial products, effective for one year from January 7, 2022[138]

山东仙坛股份有限公司 2022 年第一季度报告 证券代码：002746 证券简称：仙坛股份 公告编号：2022-022 山东仙坛股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的 真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 本报告期 上年同期 本报告期比上年同期增减 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------- ...

山东仙坛股份有限公司 2021 年年度报告全文 山东仙坛股份有限公司 2021 年年度报告 2022 年 04 月 1 山东仙坛股份有限公司 2021 年年度报告全文 鸡在饲养过程中会发生疫病，包括禽流感或其他类似疫症，因此，公司经 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人王寿纯、主管会计工作负责人许士卫及会计机构负责人(会计主 管人员)谭茂竹声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司需遵守《深圳证券交易所上市公司自律监管指引第 3 号——行业信息 披露》中畜禽水产养殖业的披露要求 1、禽类疫情及重大自然灾害发生引致的风险 | --- | |----------------------------------------------------------------------------| | | | 营过程中将会面临鸡发生疫病和养殖行业爆发大规模疫情传播导致的风险。具 | | 体包括：（ 1 ）鸡 ...

山东仙坛股份有限公司 2021 年第三季度报告 证券代码：002746 证券简称：仙坛股份 公告编号：2021-065 山东仙坛股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信 息的真实、准确、完整。 3.第三季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 （一）主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | --- | --- | --- | --- | --- | |-----------------------------------------------------|------------------|-------------------------|--------------------------|---- ...

[Section I Important Notes, Table of Contents, and Definitions](index=2&type=section&id=Section%20I%20Important%20Notes%2C%20Table%20of%20Contents%2C%20and%20Definitions) [Important Notes](index=2&type=section&id=Important%20Notes) The company's board, supervisory board, and senior management guarantee the semi-annual report's truthfulness, accuracy, and completeness, while the company faces multiple operational and market risks - Company's board, supervisory board, and senior management guarantee the **truthfulness, accuracy, and completeness** of the semi-annual report[5](index=5&type=chunk) - Company faces risks including **avian epidemics and major natural disasters**, **product sales price fluctuations**, **raw material supply and price volatility**, **cooperative farming models**, and **increased food safety and quality standards**[5](index=5&type=chunk)[9](index=9&type=chunk)[10](index=10&type=chunk)[11](index=11&type=chunk)[13](index=13&type=chunk) - Company plans **not to distribute cash dividends**, **bonus shares**, or **convert capital reserves into share capital**[13](index=13&type=chunk) [Table of Contents](index=5&type=section&id=Table%20of%20Contents) This section outlines the report's structure, covering ten main chapters on company operations, finance, governance, and social responsibility - The report contains **ten main chapters**, covering company operations, finance, governance, and social responsibility[16](index=16&type=chunk) - Reference documents include financial statements signed and sealed by the legal representative, original drafts of publicly disclosed documents, and the original semi-annual report[19](index=19&type=chunk)[20](index=20&type=chunk)[21](index=21&type=chunk) [Definitions](index=7&type=section&id=Definitions) This section defines common terms used in the report, such as company names, major subsidiaries, regulatory bodies, and the reporting period, for clarity Major Definitions | Definition Item | Definition Content | | :--- | :--- | | Company, Xiantan Co., Ltd. | Shandong Xiantan Co., Ltd. | | Xiantan Food | Shandong Xiantan Food Co., Ltd., a wholly-owned subsidiary of the company | | Reporting Period | January 1, 2021 to June 30, 2021 | [Section II Company Profile and Key Financial Indicators](index=8&type=section&id=Section%20II%20Company%20Profile%20and%20Key%20Financial%20Indicators) [I. Company Profile](index=8&type=section&id=I.%20Company%20Profile) This section provides Shandong Xiantan Co., Ltd.'s basic information, including its stock abbreviation, code, listing exchange, and legal representative Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Xiantan Co., Ltd. | | Stock Code | 002746 | | Listing Exchange | Shenzhen Stock Exchange | | Chinese Name | 山东仙坛股份有限公司 | | Legal Representative | 王寿纯 | [II. Contact Persons and Information](index=8&type=section&id=II.%20Contact%20Persons%20and%20Information) This section lists contact details for the company's Board Secretary and Securities Affairs Representative, including names, phone numbers, and email addresses Company Contact Information | Position | Name | Phone | Email | | :--- | :--- | :--- | :--- | | Board Secretary | 许士卫 | 05354658717 | xtzq@sdxiantan.com | | Securities Affairs Representative | 王心波 | 05354658717 | xtzq@sdxiantan.com | [III. Other Information](index=8&type=section&id=III.%20Other%20Information) The company's registered address, office address, postal code, website, email, and information disclosure channels remained unchanged during the reporting period - Company's registered address, office address, postal code, website, and email remained **unchanged** during the reporting period[31](index=31&type=chunk) - Information disclosure newspaper name, CSRC designated website URL, and report storage location remained **unchanged** during the reporting period[32](index=32&type=chunk) [IV. Key Accounting Data and Financial Indicators](index=9&type=section&id=IV.%20Key%20Accounting%20Data%20and%20Financial%20Indicators) The company experienced a year-on-year decline in operating revenue and net profit, with net cash flow from operating activities significantly decreasing, while total assets slightly increased Key Accounting Data and Financial Indicators (Year-on-Year Change) | Indicator | Current Reporting Period (RMB) | Prior Year Same Period (RMB) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,445,438,521.05 | 1,533,155,756.21 | **-5.72%** | | Net Profit Attributable to Shareholders of Listed Company | 121,963,020.70 | 278,572,250.72 | **-56.22%** | | Net Profit Attributable to Shareholders of Listed Company After Deducting Non-Recurring Gains and Losses | 57,617,795.54 | 239,057,617.67 | **-75.90%** | | Net Cash Flow from Operating Activities | -48,548,475.23 | 339,020,304.27 | **-114.32%** | | Basic Earnings Per Share (RMB/share) | 0.14 | 0.32 | **-56.25%** | | Diluted Earnings Per Share (RMB/share) | 0.14 | 0.32 | **-56.25%** | | Weighted Average Return on Net Assets | **2.68%** | 8.26% | **-5.58%** | | Total Assets (RMB) | 5,561,751,135.78 | 5,462,381,123.85 | **1.82%** | | Net Assets Attributable to Shareholders of Listed Company (RMB) | 4,442,239,301.45 | 4,493,633,344.39 | **-1.14%** | [V. Differences in Accounting Data Under Domestic and Overseas Accounting Standards](index=9&type=section&id=V.%20Differences%20in%20Accounting%20Data%20Under%20Domestic%20and%20Overseas%20Accounting%20Standards) The company reported no differences in net profit and net assets between financial reports prepared under international or overseas accounting standards and Chinese Accounting Standards - Company reported **no differences** in net profit and net assets between financial reports prepared under International Accounting Standards and Chinese Accounting Standards during the reporting period[36](index=36&type=chunk) - Company reported **no differences** in net profit and net assets between financial reports prepared under overseas accounting standards and Chinese Accounting Standards during the reporting period[37](index=37&type=chunk) [VI. Non-Recurring Gains and Losses and Amounts](index=9&type=section&id=VI.%20Non-Recurring%20Gains%20and%20Losses%20and%20Amounts) The company's total non-recurring gains and losses amounted to **64.3452 million RMB**, primarily from fair value changes and investment income, offset by asset disposal losses and non-operating expenses Non-Recurring Gains and Losses and Amounts | Item | Amount (RMB) | | :--- | :--- | | Gains/Losses on Disposal of Non-Current Assets | -4,122,461.41 | | Government Subsidies Included in Current Profit and Loss | 1,364,216.02 | | Fair Value Changes and Investment Income from Trading Financial Assets, Derivative Financial Assets, etc. | 68,946,239.64 | | Other Non-Operating Income and Expenses | -617,517.56 | | Less: Impact on Minority Interests (After Tax) | 1,225,251.53 | | Total | **64,345,225.16** | - Company did **not classify** non-recurring gains and losses as recurring gains and losses during the reporting period[42](index=42&type=chunk) [Section III Management Discussion and Analysis](index=11&type=section&id=Section%20III%20Management%20Discussion%20and%20Analysis) [I. Main Business Activities During the Reporting Period](index=11&type=section&id=I.%20Main%20Business%20Activities%20During%20the%20Reporting%20Period) The company operates an integrated white feather broiler industry chain, with revenue and net profit declining due to lower product prices and rising raw material costs, while actively expanding capacity and optimizing sales models - Company's main business involves **breeder chicken farming, chick hatching, feed production, commercial broiler farming and slaughtering, and chicken product processing and sales**, forming a complete industry chain[53](index=53&type=chunk)[54](index=54&type=chunk) - In the first half of 2021, the company's operating revenue decreased by **5.72%** year-on-year, and net profit decreased by **56.22%** year-on-year, primarily due to lower average chicken product sales prices and rising raw material costs for corn and soybean meal[49](index=49&type=chunk)[52](index=52&type=chunk) - The company raised **1.045 billion RMB** through a non-public offering for the Zhucheng annual output of 120 million broilers industrial ecological project, which is expected to **double production capacity** upon completion[48](index=48&type=chunk) [(I) Company Overview](index=11&type=section&id=(I)%20Company%20Overview) China's poultry consumption is growing, with the company expanding capacity through the Zhucheng project and receiving increased shareholder holdings, despite market price and raw material cost pressures - In 2020, poultry meat production accounted for **31%** of total meat production, with chicken demand expected to further increase as a high-protein, low-fat healthy food[46](index=46&type=chunk)[47](index=47&type=chunk) - The company raised **1.045 billion RMB** for the Zhucheng project, projected to achieve a broiler slaughter volume of **250-270 million birds**, meat processing capacity of **600,000 tons**, and cooked food capacity of **150,000 tons** by 2024, effectively **doubling production capacity**[48](index=48&type=chunk) - Controlling shareholder Mr. Wang Shouchun's concerted party increased its stake by **4.5512 million shares**, representing **0.53%** of total share capital, demonstrating confidence in the company's future development[48](index=48&type=chunk) [(II) Main Business and Operating Model](index=12&type=section&id=(II)%20Main%20Business%20and%20Operating%20Model) The company maintains its integrated industry chain model, covering all stages from breeder chicken farming to chicken product sales, utilizing a "company + self-owned farm + farmer" cooperative model for efficiency and safety - The company's main business remains unchanged, covering **breeder chicken farming, chick hatching, feed production, commercial broiler farming and slaughtering, and chicken product processing and sales**[53](index=53&type=chunk) - The company employs a **complete industry chain model** to effectively monitor food quality and safety at every stage from feed production to chicken product sales[54](index=54&type=chunk) - Commercial chicken farming adopts a **"company + self-owned farm + farmer" cooperative farming model** under "nine unified" management, ensuring controllable biosecurity risks and rapid expansion of farming scale[56](index=56&type=chunk) [(III) Industry Development](index=13&type=section&id=(III)%20Industry%20Development) Operating in the cyclical animal husbandry industry, the company maintains a leading position with integrated operations, certifications, and stable customer resources, despite a significant drop in chicken product gross margin - The company operates in the **animal husbandry industry (A03)**, specializing in white feather broiler farming and slaughtering, achieving integrated operations and full industry chain coverage[62](index=62&type=chunk) - The company is a **national key leading enterprise in agricultural industrialization**, holding "China Well-known Trademark," ISO9001, and ISO22000 certifications, and is a premium supplier to fast-food chains like KFC and Wallace[68](index=68&type=chunk)[69](index=69&type=chunk)[71](index=71&type=chunk) Key Financial Data by Sales Model and Product Category (H1 2021 vs H1 2020) | Model/Product | Item | H1 2021 (RMB) | H1 2020 (RMB) | Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | | **Direct Sales** | Operating Revenue (RMB) | 944,701,450.20 | 914,391,399.57 | **3.31%** | | | Operating Cost (RMB) | 888,563,725.46 | 760,431,005.31 | **16.85%** | | | Gross Margin | **5.94%** | 16.84% | **-64.71%** | | **Distribution** | Operating Revenue (RMB) | 426,935,212.60 | 539,963,551.24 | **-20.93%** | | | Operating Cost (RMB) | 401,414,055.22 | 443,905,869.44 | **-9.57%** | | | Gross Margin | **5.98%** | 17.79% | **-66.40%** | | **Chicken Products** | Operating Revenue (RMB) | 1,309,055,355.01 | 1,394,087,465.07 | **-6.10%** | | | Operating Cost (RMB) | 1,232,347,279.48 | 1,153,802,962.73 | **6.81%** | | | Gross Margin | **5.86%** | 17.24% | **-66.00%** | | **Prepared Foods** | Operating Revenue (RMB) | 62,581,307.79 | 60,267,485.74 | **3.84%** | | | Operating Cost (RMB) | 57,630,501.20 | 50,533,912.02 | **14.04%** | | | Gross Margin | **7.91%** | 16.15% | **-51.02%** | Number of Distributors (H1 2021 vs H1 2020) | Region | Number of Distributors H1 2021 (Units) | Number of Distributors H1 2020 (Units) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | North China | 72 | 71 | **1.41%** | | Northeast China | 35 | 29 | **20.69%** | | East China | 590 | 594 | **-0.67%** | | Central South China | 153 | 121 | **26.45%** | | Southwest China | 33 | 26 | **26.92%** | | Northwest China | 12 | 10 | **20.00%** | | Export | - | 1 | **-100.00%** | | Total | 895 | 852 | **5.05%** | Production and Inventory (H1 2021 vs H1 2020) | Product Category | Item | Unit | H1 2021 | H1 2020 | Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | | **Chicken Products** | Production | Kilograms | 149,269,362.29 | 149,512,470.09 | **-0.16%** | | | Sales | Kilograms | 143,919,311.98 | 146,511,305.36 | **-1.77%** | | | Inventory | Kilograms | 9,532,065.86 | 9,141,899.14 | **4.27%** | | **Prepared Foods** | Production | Kilograms | 4,843,557.83 | 4,481,037.84 | **8.09%** | | | Sales | Kilograms | 4,646,019.88 | 4,204,299.12 | **10.51%** | | | Inventory | Kilograms | 893,444.73 | 692,232.18 | **29.07%** | [II. Analysis of Core Competencies](index=19&type=section&id=II.%20Analysis%20of%20Core%20Competencies) The company's core strengths lie in its integrated industry chain, unique cooperative farming model, advantageous ecological location, advanced technology, strong brand, and stable customer base - Company achieves **balanced production and stable supply** through highly integrated vertical industry chain, possessing strong market responsiveness and risk resistance capabilities[101](index=101&type=chunk) - The **"nine unified" management under "company + self-owned farm + farmer" cooperative farming model** effectively integrates scientific and decentralized farming advantages, enabling rapid scale expansion and farmer prosperity[102](index=102&type=chunk) - Company's farming bases in the Jiaodong Peninsula benefit from **ecological farming and closed isolation for epidemic prevention**, along with industry cluster advantages[105](index=105&type=chunk) - Company possesses **meat chicken healthy and efficient farming technology, green nutritional feed formulation technology, and disease prevention and control technology**, recognized as multiple technology demonstration bases[106](index=106&type=chunk) - Through **strict quality control across the entire industry chain**, company has obtained various food safety and quality management system certifications, with products recognized as green food and "China Well-known Trademark"[107](index=107&type=chunk) - Company has accumulated numerous **long-term and stable high-quality customer resources** leveraging its professional farming expertise and full industry chain coverage[108](index=108&type=chunk) [III. Analysis of Main Business](index=21&type=section&id=III.%20Analysis%20of%20Main%20Business) Operating revenue and net profit declined due to lower chicken product prices and rising raw material costs, while selling expenses decreased due to accounting reclassification and administrative expenses increased Year-on-Year Changes in Key Financial Data | Indicator | Current Reporting Period (RMB) | Prior Year Same Period (RMB) | Year-on-Year Change | Reason for Change | | :--- | :--- | :--- | :--- | :--- | | Operating Revenue | 1,445,438,521.05 | 1,533,155,756.21 | **-5.72%** | Average chicken product sales price lower than prior period | | Operating Cost | 1,340,066,860.52 | 1,265,232,848.06 | **5.91%** | Rising prices of bulk raw materials like corn and soybean meal | | Selling Expenses | 3,965,511.63 | 8,617,951.02 | **-53.99%** | Reclassification of freight to cost of goods sold under new revenue standard | | Administrative Expenses | 29,252,680.59 | 21,103,199.33 | **38.62%** | Increase in management and administrative personnel expenses year-on-year | | Financial Expenses | -6,581,707.01 | -13,144,916.72 | **49.93%** | Decrease in interest income from deposits | | Net Cash Flow from Operating Activities | -48,548,475.23 | 339,020,304.27 | **-114.32%** | Increase in cash paid for goods due to rising raw material prices year-on-year | | Net Cash Flow from Investing Activities | -615,404,966.49 | 151,355,932.39 | **-506.59%** | Decrease in cash received from investment recovery year-on-year | | Net Cash Flow from Financing Activities | -104,225,660.79 | -302,120,817.99 | **65.50%** | Decrease in cash paid for debt repayment year-on-year | | Net Increase in Cash and Cash Equivalents | -768,179,102.51 | 188,255,968.77 | **-508.05%** | Decrease in cash received from investment recovery year-on-year | Operating Revenue Composition (by Industry, Product, Region) | Category | Item | Current Reporting Period Amount (RMB) | Proportion of Operating Revenue | Prior Year Same Period Amount (RMB) | Proportion of Operating Revenue | Year-on-Year Change | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **By Industry** | Broiler Farming and Slaughtering | 1,445,438,521.05 | **100.00%** | 1,533,155,756.21 | 100.00% | **-5.72%** | | **By Product** | Chicken Products | 1,371,636,662.80 | **94.89%** | 1,454,354,950.81 | 94.86% | **-5.69%** | | | Commercial Broilers and Others | 73,801,858.25 | **5.11%** | 78,800,805.40 | 5.14% | **-6.34%** | | **By Region** | Domestic Sales | 1,445,438,521.05 | **100.00%** | 1,532,923,548.64 | 99.98% | **-5.71%** | | | International Sales | 0 | **0.00%** | 232,207.57 | 0.02% | **-100.00%** | - Operating revenue from soybean processing and soybean oil both **significantly increased** year-on-year, primarily due to an increase in soybean oil sales volume[115](index=115&type=chunk) - Operating revenue from chicks, breeder chickens, and others increased by **30.33%** year-on-year, with gross margin increasing by **38.13%**, mainly due to higher prices for culled breeder chickens[116](index=116&type=chunk) - International sales operating revenue and costs decreased by **100%** year-on-year, primarily because there were **no international sales** in the current reporting period[117](index=117&type=chunk) [IV. Analysis of Non-Main Business](index=23&type=section&id=IV.%20Analysis%20of%20Non-Main%20Business) Non-main business significantly impacted total profit, with investment income and fair value change gains contributing positively, while asset impairment and non-operating expenses had a negative effect Impact of Non-Main Business on Total Profit | Item | Amount (RMB) | Proportion of Total Profit | Is it Sustainable | | :--- | :--- | :--- | :--- | | Investment Income | 43,233,017.82 | **33.18%** | Yes | | Fair Value Change Gains/Losses | 25,739,804.50 | **19.76%** | Yes | | Asset Impairment | -7,276,779.27 | **-5.59%** | Yes | | Non-Operating Income | 54,636.08 | **0.04%** | No | | Non-Operating Expenses | 4,794,615.05 | **3.68%** | No | [V. Analysis of Assets and Liabilities](index=23&type=section&id=V.%20Analysis%20of%20Assets%20and%20Liabilities) Monetary funds significantly decreased, while trading financial assets and inventories substantially increased, and short-term borrowings and lease liabilities rose, with some assets restricted Significant Changes in Asset Composition (Period-End vs Period-Beginning) | Item | Period-End Amount (RMB) | Proportion of Total Assets | Period-Beginning Amount (RMB) | Proportion of Total Assets | Change in Proportion | | :--- | :--- | :--- | :--- | :--- | :--- | | Monetary Funds | 409,370,627.76 | **7.36%** | 1,177,549,730.27 | 21.56% | **-14.20%** | | Trading Financial Assets | 2,766,269,586.54 | **49.74%** | 2,330,549,362.34 | 42.67% | **7.07%** | | Inventories | 553,197,717.34 | **9.95%** | 361,381,264.76 | 6.62% | **3.33%** | | Right-of-Use Assets | 41,310,538.16 | **0.74%** | 0 | 0.00% | **0.74%** | | Short-Term Borrowings | 310,320,361.11 | **5.58%** | 230,255,536.11 | 4.22% | **1.36%** | | Lease Liabilities | 31,490,169.93 | **0.57%** | 0 | 0.00% | **0.57%** | Assets and Liabilities Measured at Fair Value | Item | Period-End Amount (RMB) | | :--- | :--- | | Trading Financial Assets | 2,766,269,586.54 | | Other Equity Instrument Investments | 8,471,672.24 | | Total | **2,774,741,258.78** | - At period-end, **253 million RMB** of assets were restricted, including **200 million RMB** in structured deposits (unwithdrawable before maturity) and **52.94 million RMB** in wealth management products (pledged for loans)[127](index=127&type=chunk) [VI. Analysis of Investment Status](index=25&type=section&id=VI.%20Analysis%20of%20Investment%20Status) The company primarily engaged in securities investments, with a **20 million RMB** investment in Ruixuan No. 12 FOF product, generating a small profit, and had no derivative investments Securities Investment Status | Security Type | Security Code | Security Name | Initial Investment Cost (RMB) | Period-End Book Value (RMB) | Profit/Loss for Reporting Period (RMB) | Source of Funds | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Other | AD8662 | Ruixuan No. 12 FOF | 20,000,000.00 | 20,029,589.00 | **29,589.00** | Own Capital | - The company had **no derivative investments** during the reporting period[133](index=133&type=chunk) [VII. Significant Asset and Equity Disposals](index=26&type=section&id=VII.%20Significant%20Asset%20and%20Equity%20Disposals) The company did not undertake any significant asset or equity disposal matters during the reporting period - The company did **not dispose of significant assets** during the reporting period[134](index=134&type=chunk) - The company did **not dispose of significant equity** during the reporting period[135](index=135&type=chunk) [VIII. Analysis of Major Controlled and Invested Companies](index=27&type=section&id=VIII.%20Analysis%20of%20Major%20Controlled%20and%20Invested%20Companies) This section analyzes major subsidiaries, highlighting Shandong Xiantan Penglai Poultry Co., Ltd.'s strong profitability and Shandong Xiantan Zhucheng Food Co., Ltd.'s losses during the reporting period Financial Status of Major Subsidiaries | Company Name | Company Type | Main Business | Registered Capital (RMB) | Total Assets (RMB) | Net Assets (RMB) | Operating Revenue (RMB) | Operating Profit (RMB) | Net Profit (RMB) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | Shandong Xiantan Penglai Poultry Co., Ltd. | Subsidiary | Breeder chicken farming; sales of hatching eggs, chicks; commercial chicken farming, sales; feed sales | 5,000,000.00 | 203,457,429.19 | 191,897,469.15 | 48,001,326.64 | **17,639,363.26** | **17,639,904.26** | | Shandong Xiantan Zhucheng Food Co., Ltd. | Subsidiary | Poultry slaughtering; poultry farming; food production; food business; feed production; feed additive production; livestock and poultry breeding production; livestock and poultry breeding business; grain acquisition; food internet sales; catering services | 700,000,000.00 | 1,205,809,057.16 | 555,946,740.25 | 39,149,079.74 | **-646,577.30** | **-601,035.00** | - The company did **not acquire or dispose of subsidiaries** during the reporting period[136](index=136&type=chunk) [IX. Structured Entities Controlled by the Company](index=27&type=section&id=IX.%20Structured%20Entities%20Controlled%20by%20the%20Company) The company did not control any structured entities during the reporting period - The company did **not control any structured entities** during the reporting period[137](index=137&type=chunk) [X. Risks Faced by the Company and Countermeasures](index=27&type=section&id=X.%20Risks%20Faced%20by%20the%20Company%20and%20Countermeasures) Investors should review the risks detailed in Section I of the report, noting that future plans and performance forecasts do not constitute a commitment - Risks faced by the company are detailed in **"Section I Important Notes, Table of Contents, and Definitions"** of the report[137](index=137&type=chunk) - Future plans and performance forecasts mentioned in the report do **not constitute a commitment** by the company to any investors or related parties[137](index=137&type=chunk) [Section IV Corporate Governance](index=28&type=section&id=Section%20IV%20Corporate%20Governance) [I. Annual General Meetings and Extraordinary General Meetings Held During the Reporting Period](index=28&type=section&id=I.%20Annual%20General%20Meetings%20and%20Extraordinary%20General%20Meetings%20Held%20During%20the%20Reporting%20Period) The company held three shareholder meetings during the reporting period, including two extraordinary and one annual general meeting, with investor participation rates between **44.97%** and **45.03%** Shareholder Meetings During the Reporting Period | Meeting Session | Meeting Type | Investor Participation Rate | Date Held | Disclosure Date | | :--- | :--- | :--- | :--- | :--- | | First Extraordinary General Meeting of 2021 | Extraordinary General Meeting | **44.97%** | January 08, 2021 | January 09, 2021 | | 2020 Annual General Meeting | Annual General Meeting | **44.99%** | April 20, 2021 | April 21, 2021 | | Second Extraordinary General Meeting of 2021 | Extraordinary General Meeting | **45.03%** | July 09, 2021 | July 10, 2021 | - The company had **no preferred shareholders** with restored voting rights requesting to convene extraordinary general meetings during the reporting period[141](index=141&type=chunk) [II. Changes in Directors, Supervisors, and Senior Management](index=28&type=section&id=II.%20Changes%20in%20Directors%2C%20Supervisors%2C%20and%20Senior%20Management) There were no changes in the company's directors, supervisors, and senior management during the reporting period, consistent with the 2020 annual report - There were **no changes** in the company's directors, supervisors, and senior management during the reporting period[142](index=142&type=chunk) [III. Profit Distribution and Capital Reserve Conversion to Share Capital During the Current Reporting Period](index=28&type=section&id=III.%20Profit%20Distribution%20and%20Capital%20Reserve%20Conversion%20to%20Share%20Capital%20During%20the%20Current%20Reporting%20Period) The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the semi-annual period - The company plans **not to distribute cash dividends**, **bonus shares**, or **convert capital reserves into share capital** for the semi-annual period[142](index=142&type=chunk) [IV. Implementation of Equity Incentive Plans, Employee Stock Ownership Plans, or Other Employee Incentive Measures](index=28&type=section&id=IV.%20Implementation%20of%20Equity%20Incentive%20Plans%2C%20Employee%20Stock%20Ownership%20Plans%2C%20or%20Other%20Employee%20Incentive%20Measures) The company had no equity incentive plans, employee stock ownership plans, or other employee incentive measures implemented during the reporting period - The company had **no equity incentive plans**, **employee stock ownership plans**, or **other employee incentive measures** and their implementation during the reporting period[143](index=143&type=chunk) [Section V Environmental and Social Responsibility](index=29&type=section&id=Section%20V%20Environmental%20and%20Social%20Responsibility) [I. Significant Environmental Issues](index=29&type=section&id=I.%20Significant%20Environmental%20Issues) The company and its subsidiaries, designated as key pollutant-discharging units, operated all pollution control facilities normally, meeting emission standards without violations or penalties - The company and its subsidiaries are designated as **key pollutant-discharging units** by environmental protection authorities[147](index=147&type=chunk) Major Pollutant Emission Data (Shandong Xiantan Food Co., Ltd.) | Pollutant | Emission Method | Number of Outlets | Emission Concentration | Execution Standard | Total Emission (tons) | | :--- | :--- | :--- | :--- | :--- | :--- | | COD | Continuous emission | 1 | 55.6mg/l | 500mg/l | **71.17** | - The company's wastewater treatment facility has a designed capacity of **4,000 m³/day**, uses efficient air flotation + A/O process, and is equipped with online monitoring devices[147](index=147&type=chunk) - During the reporting period, all company facilities for pollution treatment and prevention operated **normally**, with **no violations or administrative penalties** for environmental issues[148](index=148&type=chunk)[152](index=152&type=chunk) - The company has developed and filed **emergency plans for environmental incidents** with local environmental protection authorities, conducting a comprehensive drill annually[149](index=149&type=chunk) [II. Social Responsibility](index=30&type=section&id=II.%20Social%20Responsibility) As a key agricultural industrialization enterprise, the company actively fulfills social responsibilities by protecting stakeholders, promoting environmental sustainability, enhancing cooperative farm income, and engaging in social welfare and poverty alleviation - Company strictly adheres to laws and regulations, improves corporate governance, standardizes information disclosure, treats all investors fairly, and actively interacts to

山东仙坛股份有限公司 2021 年第一季度报告全文 山东仙坛股份有限公司 2021 年第一季度报告 2021 年 04 月 1 山东仙坛股份有限公司 2021 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人王寿纯、主管会计工作负责人许士卫及会计机构负责人(会计主 管人员)谭茂竹声明：保证季度报告中财务报表的真实、准确、完整。 2 山东仙坛股份有限公司 2021 年第一季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |---------------------------------------------------------------------|-------------------------------|---------------------------------|---------- ...