证券代码：000061 证券简称：农产品 编号：2025-023 | 化种植基地；推动市场与产业链相互联结，积极开展优质单品培 | | --- | | 育工作；制定安全、品质、风味等多轮产品检测标准，精选优质 | | 农产品，积极参与"福市集"等推广活动，塑造深农品牌价值；深 | | 入探索进出口业务，成功引入马来西亚鲜猫山王榴莲、委内瑞拉 | | 冷冻带鱼、阿曼野生冷冻带鱼等优质农产品；持续拓展城市食材 | | 配送业务，打造辐射全国的网络布局，业务覆盖医院、学校、大 | | 型企事业机关单位等优质客户；继续大力推广深农聚合支付交易 | | 系统，提高市场运营效率、商户交易效率，加快数字化转型步伐。 | | 公司聚焦农产品流通领域，以"致力美好生活"为使命，以"现 | | 代农产品流通全产业链资源提供商和服务商"为战略定位，锚定 | | "数字菜篮子"战略目标，推动全产业链高效协同与价值重构，构 | | 建贯穿基地端至消费端全链条、具备全面服务能力的现代农产品 | | 流通生态平台。 | | 二、问答交流 | | 1、公司旗下农产品批发市场主要收入来源和定价情况 | | 公司旗下农产品批发市场管理业务的主要 ...

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 physical agricultural product logistics parks across over 20 major cities in China [1] - The company has an average annual trading volume of over 33 million tons and an average annual trading value exceeding CNY 250 billion in the past three years [1] Business Scope - The company covers the entire agricultural product circulation industry chain, including standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export trade [1][2] - Focus on creating large-scale, standardized, digital, and order-based planting bases guided by market demand [2] Strategic Goals - The company aims to build a modern agricultural product circulation ecosystem that integrates resources from the base to the consumer end, enhancing service capabilities across the entire supply chain [2] Digital Transformation - The company is promoting digital transformation through the development of a payment transaction system to improve market operation efficiency and merchant transaction efficiency [2] Market Development - The company is actively expanding its urban ingredient distribution business, covering hospitals, schools, and large enterprises, with 21 branches established in major cities [5] - The company is also exploring import opportunities for high-quality agricultural products from countries like Malaysia and Venezuela [2] Competitive Advantages - The company has extensive experience in operating agricultural product wholesale markets and a strong management team, allowing it to provide comprehensive one-stop services across the supply chain [4][5] - The company is leveraging its established market network to enhance operational efficiency and market vitality through strategic partnerships and resource integration [6] Project Development - Ongoing projects include the Southwest Haijixing Smart Industrial Park in Chengdu (553.23 acres), Shanghai Haijixing Huinan Project (437.99 acres), and the Guangdong-Hong Kong-Macao Greater Bay Area Food Import and Export Center [5] - The construction period for agricultural wholesale markets typically ranges from 1 to 3 years, depending on project scale and complexity [5] Loss Mitigation Strategies - The company is implementing differentiated operational improvement plans for underperforming markets, focusing on enhancing efficiency and reducing losses [6]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 agricultural product logistics parks across over 20 major cities in China, forming the largest wholesale market network in the country [1] - The average annual trading volume of the company's wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [1] - The company's business scope includes standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export trade [1] Strategic Focus - The company leverages its "national network" advantage to establish quality planting bases, guiding agricultural production based on market demand, and promoting standardized and digitalized planting [2] - It actively participates in promotional activities to enhance brand value and explores import-export business, successfully introducing high-quality products from Malaysia, Venezuela, and Oman [2] - The company aims to build a modern agricultural product circulation ecosystem, focusing on efficient collaboration across the entire industry chain [2] Revenue Structure - The revenue structure of the wholesale market management business primarily consists of rental income, commissions, management fees, and parking fees, with pricing determined by market conditions and local economic factors [2] Market Expansion Plans - The company has invested in 35 logistics parks, primarily positioned as sales markets, with plans for further development in key areas such as Shanghai, Chengdu, and Guangzhou [2] - Future projects will focus on expanding varieties and enhancing operations, including the relocation or upgrading of older markets [2] Investment Strategy - Over its 36 years, the company has focused on direct investments through new establishments and acquisitions, as well as indirect investments via industry funds, to expand its market presence [3] Import-Export Business - The company has significantly increased its import-export business, strengthening partnerships with core clients in Thailand, Vietnam, and Brazil, while also expanding channels to countries like Indonesia and Argentina [4] Urban Ingredient Distribution - The company has established 21 branches in major cities for its ingredient distribution business, covering hospitals, schools, and large enterprises, creating a nationwide network centered in Shenzhen [5] Digital Transformation - The company is enhancing its digital operations through big data, IoT, and cloud computing, including the implementation of a unified payment system and various information management upgrades [6] Loss Mitigation Measures - The company is implementing differentiated operational improvement plans for underperforming markets, focusing on strategic partnerships and resource integration to enhance operational efficiency [7] Case Study: Tianjin Haijixing - Tianjin Haijixing has evolved into the largest first-level wholesale market in Tianjin, achieving profitability in 2023 with a revenue of 232 million yuan and a net profit of 9.22 million yuan, marking a 49.43% year-on-year increase [7]

Group 1: Company Overview - The company was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, with 35 logistics park projects in over 20 major cities across China, forming the largest wholesale market network for agricultural products in the country [1] - The average annual trading volume of the company's wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [1] - The company's business scope includes standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export trade [1] Group 2: Competitive Advantages - After 36 years of development, the company has extensive experience in operating wholesale markets and a strong management talent pool [2] - The company integrates global partner resources and provides a one-stop service for the entire agricultural product supply chain, including wholesale trading venues, food safety testing, and brand cultivation [2] Group 3: Impact of New Retail Formats - The development of online new retail formats complements and collaborates with the wholesale market, creating an efficient supply chain linkage [3] - The company is enhancing its service capabilities through digital and intelligent tools, reinforcing its role as a core hub in the supply chain [4] Group 4: Revenue Enhancement Strategies - The company aims to improve transaction efficiency in the agricultural product circulation sector by accelerating project development and optimizing market layouts [4] - It plans to expand its business around the wholesale market, including supply chain connections, ingredient distribution, and brand development [4] Group 5: Market Management and Pricing - Revenue from the company's wholesale market management primarily comes from rent, commissions, management fees, and parking fees, with pricing based on market conditions and local economic factors [4] Group 6: Network Expansion Initiatives - The company is enhancing its national network by advancing key projects and promoting multi-regional collaboration [5] - New projects are being developed in strategic areas, including Shanghai, Chengdu, and Guangzhou, while older markets may undergo relocation or upgrades [7] Group 7: Base Operations and Supply Chain - The company has established cooperative relationships with approximately 10,000 acres of planting bases across multiple provinces, focusing on high-quality product cultivation [9] - It is actively developing the "Deep Farm" initiative to integrate agricultural production with rural revitalization [9] Group 8: Urban Ingredient Distribution - The company has expanded its ingredient distribution business, establishing 21 branches in major cities and covering various regions [9] - It aims to enhance food safety management capabilities and has been recognized for its quality management [9] Group 9: Digital Transformation - The company is leveraging big data, IoT, and cloud computing to enhance its digital operations and accelerate transformation [9] - Initiatives include the implementation of a unified transaction system and the launch of a price collection and release platform to improve market transparency [9]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 logistics park projects across over 20 major cities in China, forming the largest wholesale market network in the country [1] - The average annual trading volume of the company's wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding CNY 250 billion [1] Business Operations - The company focuses on the entire agricultural product circulation chain, including standardized planting, cold chain processing, wholesale market construction, urban ingredient distribution, brand development, and import-export services [1][2] - It leverages a "national network" strategy to establish high-quality planting bases and guides production based on market demand, promoting standardized and digitalized planting [2] Financial Performance - In the first three quarters of 2025, the company achieved a revenue of CNY 5.197 billion, a year-on-year increase of 36.11%, driven by business expansion and new product categories [4] - The net profit attributable to shareholders decreased due to competitive market strategies and a significant reduction in non-recurring gains compared to the previous year [5] Market Strategy - The company has developed a comprehensive service model for the agricultural product supply chain, offering one-stop services including wholesale trading venues, food safety testing, brand cultivation, and import-export facilitation [3] - Future plans include expanding the wholesale market layout, with ongoing projects in key areas such as Shanghai, Chengdu, and Guangzhou, while also upgrading older markets [5][6] Digital Transformation - The company is enhancing its digital operations through big data, IoT, and cloud computing, focusing on improving efficiency in wholesale markets and implementing various information management systems [6] - Initiatives include the launch of a price collection and release platform, providing merchants with price dynamics and trend analysis tools [6] Product Development - The company is actively expanding its "Deep Agricultural Selection" product matrix, ensuring quality through multiple rounds of testing and promoting products through events like "Fushi Market" [6] - Successful products include various high-quality items such as Sichuan Yaba Gan, Danzhou Beibei Pumpkin, and Cat Mountain King Durian Mooncake [6]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997. The company has built 35 physical agricultural product logistics parks across over 20 major cities in China, forming the largest wholesale market network in the country. The average annual trading volume of its wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [1][2]. Business Operations - The company operates across the entire agricultural product supply chain, including standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export trade [2]. - The company focuses on creating a modern agricultural product circulation ecosystem, aiming to achieve efficient collaboration and value reconstruction across the entire supply chain [2]. Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 5.197 billion yuan, representing a year-on-year growth of 36.11%. This growth is attributed to the expansion of subsidiaries such as Shenzhen Haijixing Import and Export Company and Tianjin Haijixing [3]. - However, net profit attributable to shareholders and basic earnings per share decreased year-on-year due to competitive market strategies and reduced non-recurring gains [3]. Market Strategy - The company is actively promoting digital transformation and enhancing supply chain efficiency through digital tools and data analysis, which strengthens its role as a core hub in the supply chain [4]. - Future plans include expanding the agricultural product wholesale market, particularly in key regions like Shanghai, Guangzhou, and Chengdu, while also upgrading older markets [5]. Logistics and Distribution - The company is developing a seafood distribution hub in South China, leveraging its proximity to established markets to enhance operational efficiency [6]. - The urban ingredient distribution business targets clients such as military, hospitals, schools, and large enterprises, focusing on market-oriented operations and efficient supply chain management [7]. Brand Development - The company is expanding its "Deep Agricultural Selection" product line, ensuring quality through rigorous testing and promoting its brand through various marketing activities [7]. - Successful products include high-quality items like Sichuan Pa Pa Gan and Danzhou Beibei Pumpkin, among others [7]. Digital Transformation - The company is enhancing its digital capabilities through big data, IoT, and cloud computing, with initiatives like the Deep Agricultural Aggregation Trading System and a price collection and release platform [8]. - These efforts aim to improve market operational efficiency and transparency in pricing [8]. Capital Expenditure and Dividend Strategy - The company adheres to a "steady and orderly" principle in capital investment, adjusting resource allocation based on project progress and market conditions. It emphasizes stable cash dividends while considering future profitability and cash flow [8].

Group 1: Company Overview - The company was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 physical agricultural product logistics parks across over 20 major cities in China, forming the largest wholesale market network in the country [1][2] - The average annual trading volume of the wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [2] Group 2: Business Scope and Strategy - The company's business encompasses the entire agricultural product supply chain, including standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export services [2] - The company aims to build a modern agricultural product circulation ecosystem, focusing on digital transformation and high-efficiency collaboration across the supply chain [2][4] Group 3: Core Competitive Advantages - With 36 years of experience, the company has developed a leading agricultural product wholesale market network and a comprehensive service system integrating wholesale trading, quality control, brand incubation, and logistics [3][4] - The company is actively expanding its product matrix and enhancing brand influence through initiatives like "Fushi Ji" [3] Group 4: Digital Transformation and Operational Efficiency - The company is advancing its digital transformation by implementing a unified payment system and standardizing logistics operations to improve efficiency and service capabilities [3][4] - Various technological initiatives, such as unmanned management systems and data platforms, are being introduced to enhance market operations and provide real-time data to users [3] Group 5: Future Development Plans - The company plans to continue expanding its wholesale market presence, focusing on key regions and developing new projects while upgrading older markets [5] - Capital expenditure will be managed prudently, with a focus on stable cash dividends to shareholders based on the company's financial health and market conditions [5] Group 6: Employee Engagement - The 2024 employee stock ownership plan was successfully completed, reflecting the confidence of shareholders and management in the company's future, while also motivating employees to contribute to the company's growth [5]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, with 35 logistics park projects in over 20 major cities across China, forming the largest wholesale market network for agricultural products in the country [1] - The average annual trading volume of the company's wholesale markets exceeds 33 million tons, with an average annual trading value exceeding 250 billion yuan [1] Business Model and Strategy - The company focuses on the entire agricultural product circulation chain, providing services such as standardized base planting, cold chain processing, wholesale market construction, urban ingredient distribution, and import-export trade [2] - It aims to create a modern agricultural product circulation ecosystem, emphasizing digital transformation and efficient collaboration across the supply chain [2] Competitive Advantages - The company has extensive experience in managing agricultural product wholesale markets and has built a robust network of logistics parks, enhancing its market position [2] - It offers a one-stop service for supply chain needs, including wholesale trading venues, food safety testing, brand cultivation, and import-export services [2] Impact of New Retail Formats - The development of online new retail formats complements the agricultural wholesale market, creating efficient supply chain linkages [3] - The company is leveraging digital tools to enhance service capabilities and improve operational efficiency [4] Customer Base - The downstream customer base includes secondary wholesale markets, processing and distribution companies, large chain supermarkets, and emerging retail formats like fresh e-commerce and community group buying [5] - The company is focused on optimizing service capabilities and deepening collaboration with various customer types [5] Revenue Structure - The revenue structure from wholesale market management includes rent, commissions, management fees, and parking fees, with pricing influenced by local economic conditions and market competition [5] Digital Payment System - The company is promoting its digital payment system, which has been implemented in over 20 wholesale markets, significantly increasing annual transaction volumes [6] Future Market Expansion - The company plans to continue expanding its wholesale market presence, with ongoing development of new projects and upgrades to existing markets [7] - Strategic investments are planned in key areas such as Shanghai, Chengdu, and Guangzhou, while also addressing the transformation of older markets [7] Revenue Enhancement Initiatives - The company aims to improve transaction efficiency by accelerating the development of new projects and optimizing market layouts [7] - It is also expanding its business along the supply chain, including production-sales connections and brand development [7] Loss Mitigation Strategies - The company is implementing tailored operational improvement plans for underperforming markets, focusing on resource integration and strategic partnerships to enhance market vitality [7]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 logistics parks across over 20 major cities in China, forming the largest wholesale market network for agricultural products in the country [1] - The average annual trading volume of the company's wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [1] Business Operations - The company covers the entire agricultural product circulation chain, including standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export trade [2] - The company aims to enhance trading efficiency in agricultural product circulation by optimizing market space layout and expanding new trading varieties [3] Revenue Structure - The revenue structure of the wholesale markets includes rent, commissions, management fees, and parking fees, with pricing based on market conditions and local economic development [2] - In the first half of the year, the company achieved a revenue of 3.491 billion yuan, a year-on-year increase of 44.98%, driven by growth in import-export, ingredient distribution, and single product trade [6] Digital Transformation - The company is advancing its digital transformation through big data, IoT, and cloud computing, with a focus on enhancing digital operational capabilities [5] - The cumulative transaction amount of the integrated payment system reached over 22.5 billion yuan in the first half of the year [5] Contract Liabilities - The company's contract liabilities increased to 638 million yuan, a year-on-year growth of 29.95%, primarily due to advance rental payments and sales from subsidiaries [7] Impact of New Retail - The development of online new retail complements the physical wholesale markets, which remain the main channel for fresh agricultural product supply, especially during emergencies [4]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 logistics parks across over 20 major cities in China, forming the largest wholesale market network in the country [1] - The average annual trading volume of the company's wholesale markets exceeds 33 million tons, with an average annual trading value exceeding 250 billion yuan [1] Business Operations - The company covers the entire agricultural product supply chain, including standardized base planting, cold chain processing, wholesale market construction, urban ingredient distribution, brand development, and import-export trade [2] - The company leverages its "national network" advantage to establish quality planting bases and enhance market competitiveness through integrated operations [2] Financial Performance - In the first half of the year, the company achieved a revenue of 3.491 billion yuan, a year-on-year increase of 44.98%, driven by growth in import-export, ingredient distribution, and single product trade [4] Service Capabilities - The company provides a comprehensive range of services across the agricultural product supply chain, including certification, cold chain processing, wholesale trading, food safety testing, brand cultivation, and import-export services [5] - The company has developed a digital payment system, with a total transaction amount exceeding 22.5 billion yuan in the first half of the year [7] Market Dynamics - The development of online retail does not significantly impact the company's core business, as physical wholesale markets remain essential for ensuring urban food security, especially during emergencies [6] - The company has successfully expanded its import-export business, establishing partnerships with countries like Thailand, Vietnam, and Brazil, and introducing various high-quality products [8][9] Brand Development - The company actively promotes its "Deep Agricultural Selection" brand by ensuring product quality through multiple testing standards and participating in promotional activities [9] - It has successfully cultivated several premium products, including Sichuan Yaba Gan, Danzhou Beibei Pumpkin, and others [9] Employee Engagement - The company's employee stock ownership plan for 2024 was completed through a competitive bidding process, reflecting confidence in the company's development and enhancing employee motivation [9]