Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, with investments in 35 physical agricultural product logistics park projects across over 21 major cities in China [1] - The company has an extensive wholesale market network, with an average annual trading volume exceeding 33 million tons and an average annual trading value exceeding 250 billion yuan over the past three years [1] Strategic Development - In 2024, the company aims to enhance its service capabilities across the entire industry chain, focusing on merchant needs and leveraging its "14th Five-Year Plan" strategy [1] - New strategic hubs are being established in Chengdu, Shanghai, and Guangdong to strengthen agricultural product circulation [2] - The company is developing standardized, digitalized, and order-based planting bases under the "Deep Farm" initiative [2] Brand Development - The "Deep Farm Selection" brand is expanding its product matrix, introducing new quality products such as Danzhou baby pumpkin and Danzhou sweet potato, while planning to cultivate premium items like Xinjiang plums and Yunnan blueberries [3] - The brand's image is being enhanced through rigorous quality control and product selection, increasing its market influence [3] Import and Export Business - The company is actively expanding its import and export operations, successfully introducing various products from countries like Indonesia, Malaysia, and Thailand [4] - It is enhancing its service capabilities in this area, with a focus on pre-regulatory services and facilitating quick customs clearance for small goods through the 1039 trade service platform [4] Urban Food Distribution - The company operates a food distribution business through its "Deep Farm Kitchen," with 21 branches established in major cities such as Beijing, Shanghai, and Chengdu, creating a nationwide distribution network [6] - The business model emphasizes market-oriented operations and efficient supply chain management [6] Comprehensive Industry Chain - The company integrates resources across the agricultural product circulation industry, providing a one-stop service that includes wholesale trading venues, food safety testing, brand cultivation, and import/export services [6] - This approach aims to empower partner merchants and create a new development pattern that links domestic and international resources [6]

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 [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] Strategic Development - The company aims to enhance its service capabilities across the entire industry chain, focusing on merchant needs and expanding its market network [2] - New strategic hubs are being established in Chengdu, Shanghai, and Guangdong to strengthen agricultural product circulation [2] Project Progress - The company is actively advancing several projects: - The Southwest Haijixing Smart Industrial Park in Chengdu has secured 553.23 acres of land and is under construction [3] - The Shanghai Haijixing project has acquired 437.99 acres and is in the design phase [3] - The Guangdong-Hong Kong-Macao Greater Bay Area Import and Export Center is in the preparatory stage [3] Market Layout - The company has established a significant presence in major cities, creating a comprehensive wholesale market network across various regions [4] - Plans for future expansions include developing additional phases for existing projects and upgrading older markets [5] Financial Performance - Tianjin Haijixing achieved a revenue of 347 million yuan in 2024, with a net profit of 9.64 million yuan, marking a year-on-year increase of 2195.24% [6] Full Industry Chain Services - The company integrates resources across the agricultural product supply chain, offering a one-stop service that includes wholesale trading, food safety testing, and brand development [7] Stock Issuance - The company has submitted a stock issuance plan to the Shenzhen Stock Exchange, pending approval from regulatory authorities [8] Dividend Policy - A proposed cash dividend of 0.70 yuan per 10 shares is planned for 2024, totaling approximately 118.79 million yuan, which represents 30.92% of the net profit [9] Digital Transformation - The company is enhancing its digital operations through big data and IoT, with the "Deep Agricultural Payment System" already covering 20 wholesale markets and facilitating significant transaction volume [10]