Core Viewpoint - The "Yangxi No.1" 1+30 deep-sea comprehensive aquaculture platform project has commenced with an investment of nearly 200 million yuan, aiming to enhance the marine economy and promote intelligent and large-scale development in deep-sea aquaculture [10][22][38]. Group 1: Project Overview - The project is designed by the Guangzhou Institute of Energy Research, Chinese Academy of Sciences, and constructed by China Water Electric Corporation (Yangjiang) [11][12]. - The platform features a steel semi-submersible truss structure, equipped with a four-corner anchoring positioning system, consisting of a main aquaculture platform with a water capacity of 60,000 cubic meters and 30 gravity net cages [12][13]. - It is designed to withstand typhoons of level 17 or higher, addressing the limitations of traditional aquaculture methods [13][14]. Group 2: Economic and Environmental Impact - The project is expected to significantly contribute to local marine fisheries, resource conservation, and ecological restoration [24]. - The platform's annual fish collection capacity is projected to reach 4 million pounds, enhancing local seafood production [44]. - The initiative aligns with the provincial strategy to develop a modern marine industry system and aims to establish a national-level marine ranch demonstration area [35][38]. Group 3: Technological Advancements - The platform incorporates advanced technologies such as automatic feeding, fishing facilities, video monitoring, water quality monitoring, meteorological monitoring, and 5G communication systems, along with solar power generation [40][41]. - This technological integration aims to transform traditional fishing practices into a more sustainable and efficient model [41][42]. Group 4: Support and Collaboration - Local government officials have expressed strong support for the project, emphasizing their commitment to facilitating its construction and addressing any challenges [28][65]. - The project is seen as a milestone for marine ecological restoration and tourism development in Yangxi County [59][62].

然而，公司经营层面仍存在多重隐忧。 监管合规方面，4 月 30 日天邦食品发布深交所监管函，指出公司未在期限内归还 11.6 亿元闲置募集资 金，违反相关监管规定。无独有偶，证监会宁波监管局也因同一事由对公司采取责令改正的行政监管措 施，并记入证券期货市场诚信档案。募集资金管理违规不仅反映出公司内控机制存在漏洞，也可能影响 其未来融资渠道的畅通性。 现金流与债务压力仍是突出问题。2024 年公司经营现金流净额为-9.64 亿元，尽管 2025 年一季度现金 流有所改善，但长期造血能力仍需观察。为缓解债务压力，公司于 5 月引入建发物产、南宁漓源作为产 业投资人，合计获得 7.4 亿元投资款用于清偿债务及补充流动资金。此次重整虽能短期减轻债务负担， 但能否彻底改善财务状况，还需看后续资金使用效率及主营业务的持续盈利表现。 此外，深交所在 2024 年年报问询函中，对公司持续经营能力、存货、应收账款等 10 个方面提出质疑， 涉及主营业务稳定性、资产质量等核心问题。尽管公司已发布回复公告，但这些问题的解决并非一蹴而 就，仍可能在未来经营中构成潜在风险。 7 月 9 日，天邦食品发布 2025 年半年度业绩预告，预 ...

(活力中国调研行)解码泰和乌鸡产业：全程追溯强品质 林下养殖富村民 中新网江西吉安7月11日电 (记者 苏婧欣 姜涛)拥有2200多年养殖历史的泰和乌鸡，集药用、营养、观赏 三大价值于一体，是泰和的亮丽名片。如今，这一古老珍禽通过创新实践"全程追溯体系"与传承"林下 生态养殖"智慧，正有力带动当地产业兴旺、农民增收。 10日，记者随"活力中国调研行"主题采访团走进江西省吉安市泰和县，探寻泰和乌鸡的产业故事。 泰和乌鸡被誉为"白凤仙子"，是首批国家级畜禽保护品种。2024年，泰和县乌鸡养殖量突破1220万羽， 其中种鸡79.2万羽，商品鸡出栏量达1036万羽，销售乌鸡蛋7200万枚。 为提升品质、增强竞争力，泰和县建立了覆盖全部生产主体的乌鸡农产品追溯体系。消费者扫描产品二 维码，即可便捷查询乌鸡在养殖、加工、运输等全链条的详细信息。这种全流程透明化运作，助力泰和 乌鸡成功打入盒马鲜生等高端超市，并建立起粤港澳大湾区等地的专供渠道。2024年泰和乌鸡全产业链 综合产值突破70亿元(人民币，下同)，带动全县71家规模养殖企业、20家加工企业协同发展。 同时，传承数百年的"林下养殖"智慧持续焕发生机。据文献记载，泰 ...

2025 年生猪养殖行业的产能恢复情况如何？ 2025 年生猪养殖行业的产能恢复明显偏慢，整个猪价处于下行周期。今年 4 月份能繁母猪存栏量环比持平，5 月份环比小幅上升 0.1%。从 2024 年 4 月到 2025 年 5 月，累计增幅为 1.3%，增幅非常缓慢。根据农业部和统计局的数据， 这一轮周期的恢复速度较慢。 今年（2025 年）生猪价格走势如何？ 今年（2025 年）生猪价格整体处于下行阶段。去年（2024 年）8 月 15 日达 到最高点，为 20.92 元每公斤。今年第 23 周，全国生猪均价降至 14.78 元每 公斤，同比下降 16.7%。最近一段时间，猪价基本在 15 元左右波动，比市场 预期稍高。根据年度策略，今年的猪价不会太差，整个行业会有正常盈利。主 要原因是 2024 年能繁母猪存栏量均值较 2023 年下降了约 4%，理论上推算， 2025 年 1-5 月，20 家上市公司生猪出栏量同比增长 31%。神农、牧 原、温氏和德康等一线公司成本控制领先，成本持续下降。 生猪养殖板块投资逻辑转变，从周期反转向政策管控下的长期高价期预 期，以及对大型企业的确定性偏好。头部公司成本优势明 ...

Group 1: Marine Economy Development - The core viewpoint emphasizes the importance of high-quality development in the marine economy as part of China's modernization strategy, driven by technological innovation [1] - The Chinese government is focusing on enhancing independent innovation capabilities in marine technology and fostering leading marine technology enterprises [1] - The article highlights the significance of marine resources and the need for strategic management to boost the marine economy [1] Group 2: Marine Aquaculture - The article discusses the advantages of large-scale aquaculture, specifically the use of oversized net cages that enhance the quality of fish, such as the large yellow croaker [2] - The unique geographical features of the region, including nutrient-rich waters from three rivers, contribute to the area's prominence in yellow croaker production [2] - Innovations in net cage design, such as using high-density polyethylene, improve resilience against harsh weather conditions [2][3] Group 3: Smart Aquaculture Technologies - The integration of smart technologies in aquaculture management allows for real-time monitoring of water quality parameters, significantly reducing disease rates among fish [3] - The establishment of a net-free sound wave marine ranch aims to simulate wild conditions for fish, aiding in the recovery of natural populations [3] Group 4: Wind Power Development - The article outlines the rapid development of offshore wind power in Fujian, with a total installed capacity of 383,000 kilowatts expected by May 2025 [6][7] - The use of domestic equipment in offshore wind projects marks a significant advancement in China's high-end manufacturing capabilities [7] - The article highlights the importance of energy storage solutions to enhance the utilization of offshore wind power [7] Group 5: Seaweed Industry Potential - Seaweed is identified as a valuable resource with significant potential for high-end applications, such as the production of ultra-pure sodium alginate for medical use [8][9] - The successful industrialization of ultra-pure sodium alginate represents a breakthrough in overcoming previous market monopolies [9] Group 6: LNG Dual-Fuel Shipbuilding - The construction of LNG dual-fuel ships is highlighted as a response to international emissions reduction targets, with significant reductions in CO2 emissions [10][12] - The article discusses the challenges faced in developing LNG fuel tanks and the innovative solutions implemented by domestic shipbuilders [11] Group 7: Desalination Projects - The establishment of a large-scale seawater desalination project in Tianjin aims to meet the freshwater needs of the chemical industry, replacing over 5 million tons of freshwater annually [14][15] - The project utilizes advanced dual-membrane desalination technology, achieving significant efficiency in freshwater production [15][16] - The integration of a circular economy model around desalination processes is being developed to enhance resource utilization [16]

| | | 油脂产业期现日报 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 2025年7月10日 | 投资咨询业务资格:证监许可 【2011】1292号 | | | | 王速棒 | Z0019938 | | 原田 | | | | | | | | | | | 7月9日 | 7月8日 | 涨跌 | 旅跌幅 | | | 现价 | 江苏一级 | 8170 | 8130 | 40 | 0.49% | | | 期价 | Y2509 | 7920 | 7946 | -26 | -0.33% | | | 墓差 | Y2509 | 250 | 184 | ୧୧ | 35.87% | | | 现货基差报价 | 江苏6月 | 09+210 | 09+210 | 0 | - | | | 仓車 | | 22826 | 22963 | -137 | -0.60% | | 棕榈油 | | | | | | | | | | | 7月9日 | 7月8日 | 张跃 | 涨跌幅 | | | 现价 | 广东24度 | 8700 | 8550 | 120 | 1.75% | | | 期价 ...

出栏量方面，25H1 公司共销售商品猪3839.4 万头，同比+33%；销售仔猪829.1 万头，同比+168%；销 售种猪22.5 万头，同比-28%。截至H1 末能繁母猪存栏343.1 万头，较Q1 末减少约5.4 万头。当前出栏 量较全年7200-7800 万头商品猪出栏目标完成度约49%-53%，整体节奏较为稳定，预期全年可实现目标 值。 均重方面，受市场标肥价差影响，我们测算，H1 公司商品猪头均重量保持上行至5 月，6 月均重环比下 降，预期后续降重趋势将延续。 事件：公司发布2025H1 业绩预告，预计实现净利润105~110 亿元，同比+925%~+973%；归母净利润 102~107 亿元，同比+1130%~+1190%；对应EPS1.9~2.0 元/股。 点评： 受益于出栏量的同比增长以及养殖成本的持续优化，2025H1 公司业绩实现较大幅度提升，预期下半年 价格优于前期悲观预期，看好公司全年盈利表现。 价格方面，公司H1 商品猪销售均价约14.5 元/kg，同比-3%，主要因24Q2起生猪价格显著回升。我们认 为，当前行业整体供给处于合理区间，且政策调控较为明确，未来中长期生猪价格表现或 ...

| | | 油脂产业期现日报 | | | | | | --- | --- | --- | --- | --- | --- | --- | | 2025年7月10日 | 投资咨询业务资格:证监许可 【2011】1292号 | | | | 王速棒 | Z0019938 | | 原田 | | | | | | | | | | | 7月9日 | 7月8日 | 涨跌 | 旅跌幅 | | | 现价 | 江苏一级 | 8170 | 8130 | 40 | 0.49% | | | 期价 | Y2509 | 7920 | 7946 | -26 | -0.33% | | | 墓差 | Y2509 | 250 | 184 | ୧୧ | 35.87% | | | 现货基差报价 | 江苏6月 | 09+210 | 09+210 | 0 | - | | | 仓車 | | 22826 | 22963 | -137 | -0.60% | | 棕榈油 | | | | | | | | | | | 7月9日 | 7月8日 | 张跃 | 涨跌幅 | | | 现价 | 广东24度 | 8700 | 8550 | 120 | 1.75% | | | 期价 ...

以下文章来源于创业板观察 ，作者张晨静 王平安 创业板观察 . 创业板观察致力于发布深交所创业板的市场发展、政策变化、监管导向、上市企业动态等的及时信息，提供有价值的市场资讯。 牧原股份今日晚间公告称，预计2025年上半年净利润为105亿元–110亿元，同比增长924.6%-973.39%。 归属于上市公司股东的净利润 为102亿元–107亿元，同比增长1129.97%–1190.26%。 对于2025年上半年经营业绩大幅提升的原因，公司解释称， 主要是因为公司 生猪出栏量较去年同期上升导致收入上升，且生猪养殖成本较去年同期下降。 此外，近期，上市猪企今年上半年出栏"成绩单"已陆续出炉，根据当前已披露的产品销售月报，12家猪企合计出栏已超8000万头，其中头 部企业牧原股份（002714.SZ）、温氏股份（300498.SZ）和新希望（000876.SZ）出栏总数占比近8成。 在当前生猪养殖"反内卷"的背景下，目前3成猪企本年出栏目标完成率超50%，已有头部猪企开始执行"减母猪、控二育、降体重"等相关政 策要求，牧原股份已连续两个季度能繁母猪存栏下降。 行业人士表示，前述政策要求主要影响仍然体现在中小养殖场， ...

Performance Forecast - The company expects a net profit of 10.5 billion to 11 billion yuan for the current reporting period, a significant increase of 924.6% to 973.39% compared to the same period last year, which reported a net profit of 1.025 billion yuan [1] - The net profit attributable to shareholders is projected to be between 10.2 billion and 10.7 billion yuan, reflecting a growth of 1,129.97% to 1,190.26% from last year's 829 million yuan [1] - The company anticipates a net profit of 10.6 billion to 11.1 billion yuan after deducting non-recurring gains and losses, marking an increase of 882.95% to 929.31% from the previous year's 1.078 billion yuan [1] - Basic earnings per share are expected to be between 1.90 yuan and 2.00 yuan, compared to 0.15 yuan per share last year [1] Reasons for Performance Change - The significant improvement in the company's operating performance for the first half of 2025 is primarily attributed to an increase in the number of pigs sold compared to the same period last year, leading to higher revenue [1] - Additionally, the cost of pig farming has decreased compared to the previous year, further contributing to the enhanced profitability [1]