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据悉，邦基科技拟收购RiverstoneFarmPte.Ltd.持有的六家山东农牧企业全部股权。这些企业包括山东北 溪农牧有限公司、山东瑞东伟力农牧有限公司、山东鑫牧农牧科技有限公司。同时还涉及瑞东农牧（利 津）有限公司、瑞东农牧（山东）有限责任公司、瑞东威力牧业（滨州）有限公司的100%股权。 齐鲁晚报·齐鲁壹点 李牧青 邦基科技于6月4日发布公告，公司正筹划重大资产重组事项。该项交易涉及以发行股份及支付现金相结 合的方式，收购多家农牧企业股权。 净利润连续三年下滑，原因在于公司毛利率持续承压：饲料产品结构向低毛利的配合料倾斜(适应"公司 +农户"模式)，叠加产能爬坡期固定成本高企，公司毛利率从2022年13.73%降至2024年9.23%；此外， 公司现金流恶化：客户转向规模化养殖场后赊销比例激增，致使经营活动净现金流从2022年5907万元转 为2024年-1.1亿元。 而对于邦基科技收购七家农牧企业股权，有分析指出，向主业的下游板块拓展，或是饲料企业穿越周期 的一次破局尝试。 此次交易还包括派斯东畜牧技术咨询（上海）有限公司80%的股权收购。公司已与交易对方签署《关于 发行股份及支付现金购买资产之意向 ...

Core Viewpoint - Dayu Bioengineering Co., Ltd. reported a significant decline in revenue and net profit for 2024, indicating ongoing challenges in the industry due to external factors and market competition [1][2]. Company Summary - Dayu Bio's 2024 revenue was 123 million yuan, a year-on-year decrease of 23.71%, while the net profit attributable to shareholders was -23.94 million yuan, a staggering drop of 1045.71% [1]. - The company, established in 2014 and listed on the Beijing Stock Exchange in 2022, has faced losses since 2023, with 2023 revenue at 161 million yuan and a net profit of -0.21 million yuan [1]. - The decline in performance is attributed to the African swine fever epidemic, production capacity adjustments, and intensified competition in the feedstock market [1]. Industry Summary - The past year saw a recovery in pig prices due to falling prices of major raw materials like soybean meal, but consumer demand has not rebounded as expected, leading to reduced pig inventory and declining feed sales [2]. - The industry has faced significant challenges since 2020, with many companies experiencing operational difficulties and rising debt levels [2]. - Dayu Bio plans to extend its business model into pig farming, establishing a wholly-owned subsidiary to implement a self-breeding and "company + farmer" model, aiming to stabilize its operations [2][3]. - The company believes that integrating pig farming into its feed production will create a closed-loop sales system, reduce costs, and enhance operational efficiency [3]. - However, the industry faces challenges such as intensified competition, high disease prevention costs, and price volatility, which could impact the effectiveness of Dayu Bio's transformation efforts [3].