| 证券代码：002714 | 证券简称：牧原股份 | 公告编号：2026-004 | | --- | --- | --- | | 债券代码：127045 | 债券简称：牧原转债 | | 牧原食品股份有限公司 注：1、因公司"牧原转债"处于转股期，总股本持续变化，本公告中的股份比例按照 2026 年 1 月 5 日公司总股本 5,462,771,170 股计算。 牧原食品股份有限公司（以下简称"公司"）于近日收到公司股东牧原实业 集团有限公司（以下简称"牧原实业"）的通知，获悉其所质押的公司股份已全 部办理了解除质押手续。本次办理解除质押业务后，控股股东及其一致行动人无 质押股份。具体如下： 一、股东股权解除质押的基本情况 | | 是否为控股股东 或第一大股东及 | | 本次解除质 | 占其所持 | 占公司总股 | 起始日 | 解除日期 | 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东名称 | | | 押股份数量 | 股份比例 | 本比例 | | | | | | 其一致行动人 | | | | | | | | | 牧原实业 ...

牧原股份公告，公司股东牧原实业已于2026/1/5解除2025/6/26设立的4750万股质押，占其持股5.60%、 占公司总股本0.87%，质权人为财通证券资产管理有限公司；截至公告披露日，控股股东及其一致行动 人无质押股份，秦英林持股20.86亿股、牧原实业持股8.49亿股、钱瑛持股6444.52万股、秦牧原持股 1109.89万股，合计30.11亿股，占公司总股本55.11%。 ...

Core Viewpoint - The stock price of Muyuan Foods Co., Ltd. has shown a slight increase of 1.13% since the beginning of the year, with a notable rise of 6.67% over the last five trading days, indicating positive market sentiment despite a 2.21% decline over the past 60 days [2]. Group 1: Stock Performance - As of January 6, the stock price reached 51.15 CNY per share, with a trading volume of 10.38 billion CNY and a turnover rate of 0.54%, resulting in a total market capitalization of 279.42 billion CNY [1]. - The stock has experienced a year-to-date increase of 1.13%, a five-day increase of 6.67%, and a 20-day increase of 4.75%, while it has declined by 2.21% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Muyuan Foods reported a revenue of 111.79 billion CNY, reflecting a year-on-year growth of 15.52%, and a net profit attributable to shareholders of 14.78 billion CNY, which is a 41.01% increase year-on-year [2]. - The company has distributed a total of 26.58 billion CNY in dividends since its A-share listing, with 16.59 billion CNY distributed over the past three years [3]. Group 3: Shareholder Information - As of September 30, 2025, the number of shareholders for Muyuan Foods was 185,600, a decrease of 11.19% from the previous period, while the average circulating shares per person increased by 12.60% to 20,534 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 183 million shares, an increase of 33.70 million shares from the previous period, while other notable shareholders include various ETFs with varying changes in their holdings [3].

Core Insights - Zhengzhou's transportation infrastructure is rapidly evolving, with record-breaking passenger and cargo volumes, positioning the city as a significant logistics hub in China and beyond [1][2][3]. Aviation Hub - Zhengzhou Airport's cargo volume reached 100 million tons by December 2025, marking its entry into the global "million-ton club" with an average annual growth rate of approximately 10% during the 14th Five-Year Plan [2][4]. - The airport hosts 36 all-cargo airlines, including 8 of the top 10 global cargo carriers, with 70 all-cargo routes connecting to 32 countries and 73 cities, enhancing its global logistics network [4]. - In 2025, the average daily cargo volume and all-cargo aircraft operations increased by 22.9% and 25.7% year-on-year, respectively, facilitating efficient distribution of goods worldwide [4]. High-Speed Rail Network - The completion of the "米" (rice) shaped high-speed rail network during the 14th Five-Year Plan has significantly reduced travel times and enhanced regional connectivity, creating a "one-day living circle" for residents [6][7]. - During the New Year holiday in 2026, Zhengzhou Railway Bureau transported 2.334 million passengers, a year-on-year increase of 59.6%, with an average of 1,652 trains operating daily, reflecting a 23.9% increase in capacity [3][7]. - The high-speed rail network is driving economic growth by attracting talent, technology, and capital, with new commercial developments emerging around Zhengzhou East Station [7]. Public Transportation Integration - Zhengzhou's public transportation system has seen significant advancements, with the metro network expanding to over 450 kilometers and a total passenger volume increasing from 1.235 billion to 4.3 billion [8][9]. - The integration of 322 out of 365 bus routes with the metro system has improved the commuting experience, allowing seamless transfers and enhancing accessibility [8][9]. - The city plans to continue expanding its transportation infrastructure, including the construction of Zhengzhou South Station and upgrades to the high-speed rail network, to further enhance its status as a transportation hub [9].

专题：交易提示 炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 【热点】 【业绩】 飞沃科技：公司近日完成收购新杉宇航60%股权；公司在商业航天领域的业务目前处于初始阶段。 胜通能源：停牌核查工作完成，股票复牌。 中材科技：2025年净利润同比预增73.79%—118.64%。 惠而浦：2025年归母净利润同比预增150%左右。 长江电力：2025年公司境内所属六座梯级电站总发电量同比增长3.82%。 桂冠电力：2025年累计完成发电量同比增长26.68%。 宇通客车：2025年累计销售量同比增长5.54%。 涛涛车业：2025年净利同比预增85.5%—97.1%。 南兴股份：预计2025年净利9000万元—1.2亿元，同比扭亏。 汉马科技：2025年累计货车（含非完整车辆）销量同比增长58.45%。 赤峰黄金：2025年净利润同比预增约70%到81%。 绿联科技：2025年净利同比预增41.26%—58.56%。 牧原股份：2025年12月商品猪销售收入96.67亿元，同比下降36.06%。 宁波港：2025年预计累计完成集装箱吞吐量同比增长11.2%。 华友钴业：2025年净利润 ...

Group 1 - Maduro denies all charges from the U.S. and claims he is still the President of Venezuela [2] - The U.S. has accused Maduro of drug terrorism conspiracy, cocaine smuggling conspiracy, and possession of firearms [2] - Maduro states he was forcibly taken from his home in Caracas [2] Group 2 - China condemns the U.S. for violating Venezuela's sovereignty and international principles [3] - The U.S. is accused of undermining multilateralism and threatening peace in Latin America and the Caribbean [3] Group 3 - Venezuela's oil exports have nearly dropped to zero due to U.S. sanctions and blockade [4] - The Venezuelan oil company is reducing production and closing some oil fields due to accumulated inventory [4] - Shortages of diluents for blending heavy crude oil are further restricting production activities [4] Group 4 - Trump claims the U.S. must have complete access to Venezuela's resources and asserts U.S. control over the country [5][6] - The U.S. Vice President's residence was attacked, with one suspect arrested [6] Group 5 - High expectations for Chinese stocks with projected annual growth of 15% to 20% in 2026 and 2027 [8] - Corporate earnings in China are expected to grow by 14% and 12% in 2026 and 2027, respectively [8] - Factors driving growth include AI applications, international expansion, and policies to reduce internal competition [8]

Market Overview - The A-share market experienced a strong start to the new year, with the Shanghai Composite Index closing at 4023.42, up 1.38%, and the ChiNext Index rising 2.85% to 3294.55 [1][8] - The overall market saw significant trading activity, with a total turnover of 25,672.4 billion, an increase of 5,014.52 billion from the previous trading day [9] Industry Dynamics - The pet consumption market in urban areas is projected to reach 312.6 billion in 2025, reflecting a year-on-year growth of 4.1%. The dog market is expected to grow to 160.6 billion, while the cat market is anticipated to reach 152 billion [25][27] - Several phosphate fertilizer companies have committed to ensuring supply stability and price maintenance amid rising raw material costs [28] - CATL is expected to lead the Chinese market in the terminal usage of power batteries for new energy passenger vehicles in 2025, with a market share of 43.4% [30] - TSMC's 2nm production capacity is projected to reach 140,000 wafers per month by the end of 2026, exceeding previous market expectations [32] - The China Railway Group reported a record high in railway performance for 2025, with total transportation revenue reaching 1,020.4 billion, a year-on-year increase of 3.1% [34] Company Tracking - Muyuan Foods reported a decline in December sales of live pigs, totaling 6.98 million heads, down 14.75% year-on-year, with sales revenue dropping by 36.06% to 9.667 billion [36] - Pumen Technology has received a medical device registration certificate for tumor marker quality control products, which will be used in conjunction with their diagnostic kits [38]

Sales Performance Summary - In December 2025, the company sold 6.98 million pigs, a year-on-year decrease of 14.75% [2] - The average selling price of pigs was 11.41 yuan per kilogram, down 25.38% year-on-year [2] - Total sales revenue from pigs was 9.667 billion yuan, reflecting a year-on-year decline of 36.06%, primarily due to fluctuations in the pig market [2] Breeding Stock Information - As of the end of December 2025, the company had a breeding sow inventory of 3.232 million heads [4] Corporate Governance - On January 5, 2026, the company held its 11th meeting of the 5th Board of Directors, where it appointed Gao Tong as the Chief Financial Officer (CFO) [8] - The appointment was approved unanimously by the board members present [8] Convertible Bond Information - The company issued 95.5 million convertible bonds with a total value of 9.55 billion yuan, which began trading on September 10, 2021 [12] - The conversion price for the bonds was set at 44.26 yuan per share as of October 16, 2025 [12][21] - As of December 31, 2025, the remaining number of convertible bonds was 95,430,305, with a total remaining value of 9.543 billion yuan [22]

Focus 1: Yingfang Micro - The company is planning a major asset restructuring by acquiring controlling stakes in Shanghai Xiaokeli Information Technology Co., Ltd., FIRST TECHNOLOGY CHINA LIMITED, and Shiqing Intelligent Technology (Shanghai) Co., Ltd. through a combination of share issuance and cash payment [1] - The transaction is expected to constitute a significant asset restructuring but will not involve related transactions or restructuring listings. The company's stock will be suspended from trading starting January 6, 2026 [1] Focus 2: Nanxing Co. and Yinglian Co. - Nanxing Co. expects to achieve a net profit of 90 million to 120 million yuan for 2025, recovering from a loss of 175 million yuan in the previous year. The significant profit increase is attributed to reduced goodwill impairment in 2024 [2] - Yinglian Co. anticipates a net profit of 32 million to 42 million yuan for 2025, compared to a loss of approximately 39.67 million yuan in the previous year, driven by growth in the fast-moving consumer goods metal packaging sector [2] Focus 3: Victory Energy - The company has completed its stock trading suspension review and will resume trading on January 6, 2026. No undisclosed significant information affecting stock prices was found during the review [3] Performance Highlights - Whirlpool expects a net profit of approximately 505 million yuan for 2025, a 150% increase from the previous year, due to ongoing transformation and efficiency improvements [4] - Taotao Automotive forecasts a net profit of 800 million to 850 million yuan for 2025, representing an 85.5% to 97.1% increase year-on-year, driven by enhanced operational efficiency and market demand [4] - China National Materials Technology anticipates a net profit of 1.55 billion to 1.95 billion yuan for 2025, a growth of 73.79% to 118.64% compared to the previous year, supported by improved product pricing and sales [4] Investment and Restructuring - Weigao Blood Products plans to issue shares to acquire 100% of Weigao Group Medical Polymer Co., Ltd. for 8.511 billion yuan, significantly enhancing the company's asset scale and profitability [6] - Haopeng Technology is set to raise up to 800 million yuan through a private placement to fund energy storage battery projects [6] Control Changes - Hengshi Technology's control has changed following agreements with New Base Information Technology Group, with the new controlling entity holding 9.55% of the total shares [7] Major Projects - Fulian Precision plans to invest 6 billion yuan in a project to produce 500,000 tons of high-end lithium iron phosphate for energy storage [10] - Penghui Energy's board approved plans to issue H-shares and list on the Hong Kong Stock Exchange [11] Other Announcements - The company intends to repurchase A-shares for employee stock ownership plans, with a total budget of 50 million to 100 million yuan [12] - The company reported a 14.75% year-on-year decline in pig sales, with a revenue drop of 36.06% due to market fluctuations [12]

【热点】 飞沃科技：公司近日完成收购新杉宇航60%股权；公司在商业航天领域的业务目前处于初始阶段。 【增减持】 中材科技：2025年净利润同比预增73.79%—118.64%。 惠而浦：2025年归母净利润同比预增150%左右。 长江电力：2025年公司境内所属六座梯级电站总发电量同比增长3.82%。 桂冠电力：2025年累计完成发电量同比增长26.68%。 宇通客车：2025年累计销售量同比增长5.54%。 涛涛车业：2025年净利同比预增85.5%—97.1%。 南兴股份：预计2025年净利9000万元—1.2亿元，同比扭亏。 汉马科技：2025年累计货车（含非完整车辆）销量同比增长58.45%。 赤峰黄金：2025年净利润同比预增约70%到81%。 绿联科技：2025年净利同比预增41.26%—58.56%。 牧原股份：2025年12月商品猪销售收入96.67亿元，同比下降36.06%。 宁波港：2025年预计累计完成集装箱吞吐量同比增长11.2%。 华友钴业：2025年净利润同比预增40.8%—55.24%。 赛力斯：2025年新能源汽车销量同比增长10.63%。 鼎泰高科：2025年净利润同比预增8 ...