证券代码：000061 证券简称：农产品 编号：2025-012 深圳市农产品集团股份有限公司投资者关系活动记录表 | 投资者关系活动类别 | 分析师会议 特定对象调研 ☐ | | --- | --- | | | ☐ 媒体采访 ☐ 业绩说明会 | | | 新闻发布会 路演活动 ☐ ☐ | | | 现场参观 ☐ | | | 其他（请文字说明其他活动内容） ☐ | | 形式 | 现场 网上 电话会议 ☐ | | 参与单位名称及人员姓名 | 银河证券 顾熹闽、邱爽 | | 时间 | 年 月 日 2025 9 24 15:00-16:30 | | 地点 | 深圳市农产品集团股份有限公司会议室 | | 上市公司接待人员姓名 | 董事会秘书 江疆 董事会办公室专员 谢智恒 | | 投资者关系活动主要内容 | | | | 一、公司基本情况介绍 公司成立于1989年，于1997年在深交所主板上市，在全国20 | | 介绍 | 余个大中城市投资建设了35家实体农产品物流园项目，形成国内 | | | 最具规模的农产品批发市场网络体系。近三年，公司旗下农产品 | | | 批发市场年均交易量超过3,300万吨，年均交易额超过2 ...

证券日报网讯农产品9月19日发布公告，在公司回答调研者提问时表示，公司深耕农产品流通领域，从 农批市场延伸至农产品流通全产业链，整合全球伙伴商户资源，深挖产业链价值，围绕农产品流通全产 业链提供基地认证与冷链集配加工、批发交易场地服务、食品安全检测、品牌培育与销售、集约化加工 配送、优质特色农产品推介、产销对接、农产品进出口等供应链"一站式"服务，构建了以国内批发市场 为主体，以国内国际业务和资源相互联动、相互分享、相互促进的新发展格局。 ...

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]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, investing in 35 physical agricultural product logistics park projects 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 company's wholesale markets exceeds 33 million tons, with an average annual trading value exceeding CNY 250 billion [1][2] 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 market competitiveness and operational foundation through a networked operation of wholesale markets and dynamic layout of planting bases [2] Financial Performance - In the first half of 2025, the company achieved operating revenue of CNY 3.491 billion, a year-on-year increase of 44.98% [3] - The net profit attributable to shareholders was CNY 156 million, a year-on-year increase of 10.50%, while the total net profit was CNY 190 million, a year-on-year decrease of 11.07% due to the absence of a one-time gain from the previous year [3][4] Growth Drivers - The significant revenue growth is attributed to the rapid increase in import-export, ingredient distribution, and single product trade across the entire industry chain [4] - The company continues to expand its market presence and enhance operational capabilities, focusing on improving transaction efficiency in the agricultural product circulation sector [5] Competitive Advantages - With 36 years of development, the company has established a robust wholesale market network and possesses extensive operational experience and management talent in the agricultural product sector [6] - The company provides a comprehensive range of services, including wholesale trading venues, base certification, food safety testing, brand cultivation, and supply chain services [6] Employee Stock Ownership Plan - The employee stock ownership plan was completed in November 2024, aiming to establish a profit-sharing mechanism to enhance employee motivation and drive the company's transformation and sustainable development [7] Dividend Policy - The company plans to distribute a cash dividend of CNY 0.70 per 10 shares (including tax) for the 2024 fiscal year, totaling CNY 118,787,489.17, which accounts for 30.92% of the net profit attributable to shareholders [8]

Financial Performance - The company reported a total revenue of 3.491 billion yuan for the first half of 2025, an increase of 44.98% year-on-year [1] - The net profit attributable to shareholders was 190 million yuan, a decrease of 11.07% year-on-year [1] - The gross profit margin was 20.66%, down 31.57% year-on-year, while the net profit margin was 7.81%, down 39.09% year-on-year [1] - The total operating expenses, including sales, management, and financial expenses, amounted to 352 million yuan, accounting for 10.09% of revenue, a decrease of 34.75% year-on-year [1] Cash Flow and Debt - The company’s cash flow from operating activities increased by 32.76% year-on-year, attributed to higher cash inflows from sales and government subsidies [6] - The company’s cash and cash equivalents net increase decreased by 40.86%, primarily due to reduced cash flow from investment activities [10] - The interest-bearing debt ratio reached 30.18%, indicating a significant level of leverage [13] Accounts Receivable and Inventory - Accounts receivable increased by 41.3% year-on-year, raising concerns about the company's collection efficiency [1] - The company’s inventory management and turnover rates should be monitored closely due to the increase in accounts receivable [13] Investment and Growth - The company has been actively expanding its business, with significant increases in revenue driven by new product categories and channel expansions [3][4] - The company’s return on invested capital (ROIC) was reported at 4.57%, indicating a relatively weak capital return performance historically [11] Market Position and Strategy - The company has established a robust agricultural product wholesale market network across over 20 major cities in China, enhancing its competitive advantage in the agricultural supply chain [15] - The company aims to provide comprehensive supply chain services, including wholesale trading venues, food safety testing, and brand cultivation, to strengthen its market position [15]

Group 1: Company Overview and Competitive Advantages - The company has invested in 35 physical agricultural product logistics parks across over 20 major cities in China, forming the largest wholesale market network in the country [1] - The company provides a comprehensive "one-stop" service for the agricultural product supply chain, integrating domestic and international resources [2] - The company has a strong position in the wholesale market, which remains the main channel for agricultural product distribution [2] Group 2: Business Development and Revenue Growth - The urban food ingredient distribution business has seen a revenue increase of approximately 19% year-on-year in 2024 [2] - The company is actively expanding its market presence in regions such as Chengdu, Shanghai, and Guangzhou, establishing key distribution hubs [3] - Overall operating income has improved in various regions, with notable growth in markets like Changsha, Huizhou, and Shenzhen [4] Group 3: Profitability and Financial Performance - The net profit for Guangxi Haijixing reached approximately 71.76 million yuan, a year-on-year increase of 12.18% [4] - The company distributed cash dividends of 0.70 yuan per 10 shares in 2024, totaling approximately 118.79 million yuan [4] - The company anticipates a reduction in its debt-to-asset ratio by about 5 percentage points due to a planned stock issuance [5] Group 4: Future Opportunities and Challenges - The company aims to enhance its core competitiveness and risk management capabilities in response to market demand fluctuations and intensified competition [5] - The national emphasis on agricultural product circulation system construction presents significant opportunities for growth [5] - The company focuses on refining operations in key markets such as Shenzhen, Chengdu, and Shanghai, leveraging digital upgrades and service enhancements [5]