1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints of the Report - The coffee series of special reports consists of four articles. The first one focuses on the coffee planting end, systematically introducing the crop structure, growth climate conditions, global planting distribution, planting methods, main varieties, and yield - restricting factors of coffee [2] 3. Summaries According to Relevant Catalogs Coffee Crop Structure - Coffee plants are evergreen shrubs or small trees of the Rubiaceae family. Mature plants are usually 1.5 - 5 meters tall, and in artificial cultivation, they are often trimmed to about 2 meters. Their root system is fibrous, with a main root that can penetrate 1 - 2 meters underground and lateral roots distributed in the 20 - 60 - centimeter soil layer. The leaves are long - elliptical, leathery, and shiny, with slight differences in size and shape among varieties. The lifespan of a coffee tree is usually 30 - 40 years, with a peak production period starting 5 - 7 years after planting and lasting 10 - 15 years [6] - Coffee fruits are formed after coffee flower pollination. The coffee flower is a white five - petal flower that blooms after the rainy season, with a 2 - 3 - day flowering period. The development of coffee fruits takes 6 - 9 months. A mature coffee fruit weighs about 1.5 - 2.5 grams, is 1 - 1.5 centimeters in diameter, and consists of an outer skin, mesocarp, endocarp, silver skin, and seed (coffee bean). Most fruits contain two flat - oval seeds, and some contain a single "peaberry" with a stronger flavor [7] - Coffee beans are the core edible part of the coffee fruit, accounting for 10% - 15% of the fruit's weight. Freshly picked beans are green, with a 50% water content, which is reduced to 10% - 12% after processing. The abdominal groove of Arabica beans is S - shaped, while that of Robusta beans is straight. The internal structure of coffee beans is composed of endosperm, embryo, and micropyle, with the endosperm accounting for over 90% and containing flavor substances [9] Growth Climate Conditions - Coffee is a typical tropical and subtropical cash crop, and its suitable growth area is the "Coffee Belt" between 25 degrees north and south latitudes. The ideal annual average temperature is 18 - 25°C, and the most suitable growth temperature is 20 - 24°C. Arabica is more sensitive to low temperatures, while Robusta is more heat - tolerant [13] - The annual precipitation should reach 1500 - 2000 millimeters, evenly distributed with distinct wet and dry seasons. During the wet season (April - October), monthly precipitation should be 100 - 200 millimeters, and during the dry season (November - March), it should be less than 50 millimeters per month [14] - Altitude is a key factor in determining coffee quality. Arabica is suitable for growing at an altitude of 1000 - 2000 meters, while Robusta grows well below 1000 meters [17] - Coffee prefers well - drained, acidic soil with a pH of 5.0 - 6.5 and deep soil layers. It needs sufficient scattered light and often uses shade trees in high - altitude areas [18] Global Planting Distribution and Regional Features - Global coffee planting is mainly concentrated in South America, Africa, and Asia. South America dominates, accounting for 58% of the global output in 2024. Brazil is the world's largest coffee producer, with an output of 62 million bags in 2024, mainly planting Arabica [19] - Africa is the birthplace of coffee and a core area for high - quality coffee, accounting for 22% of the global output. Ethiopia is the native place of Arabica, and Kenya is famous for high - quality washed Arabica [23] - Asia and Oceania account for 20% of the global output. Vietnam is the second - largest coffee producer and the largest Robusta producer, with an output of 31 million bags in 2024. Indonesia has unique - flavored coffee, and Yunnan in China is an important Arabica - producing area [27] - Central American countries such as Guatemala, Honduras, and Costa Rica are also important high - quality coffee - producing areas. With global warming, some traditional planting areas are moving to higher altitudes, and new areas like Nepal and Myanmar are seeing large - scale coffee planting [27] Planting Methods - Coffee planting systems include single - crop and compound - crop methods. There are five common structures, including non - shaded single - crop cultivation and different types of shaded systems. Each structure has its own advantages and disadvantages in terms of productivity, management intensity, and environmental impact, and its applicability depends on various factors [28] Main Varieties - The globally commercially planted coffee varieties are mainly Arabica, Robusta, and Liberica, with Arabica and Robusta accounting for 99% of the market share. Arabica accounts for about 70% of the global output, with low caffeine content and rich flavor [31] - Robusta accounts for about 30% of the global output, with high caffeine content, strong disease - resistance, and high yield. It is mainly used for instant coffee and other products [37] - Liberica has the lowest commercialization degree, accounting for less than 1% of the global output. It has a unique flavor but unstable yield and high processing difficulty [38] - In recent years, many improved varieties have been developed through cross - breeding and genetic screening, promoting the diversified development of the global coffee industry [39] Yield Restricting Factors - Climate change affects coffee production through drought, extreme temperatures, abnormal rainfall patterns, and hurricanes. By 2050, the suitable planting area for Arabica may be reduced by 50%, while that for Robusta may expand [40] - Diseases are devastating to coffee production. Fungal diseases such as coffee leaf rust, coffee berry disease, and coffee wilt disease cause significant economic losses and yield reductions. Bacterial diseases also cause varying degrees of yield loss in some regions [41][42] - Pests affect coffee production by directly feeding on plant tissues and spreading pathogens. The coffee berry borer and the coffee leaf miner have a large economic impact, and other pests also cause significant losses in different regions [46]

公告显示，拟投资标的暂定名为怒江博闻咖啡有限公司，经营范围包括咖啡豆种植，农副产品销售；初 级农产品收购；农产品的生产、销售、加工、运输、贮藏及其他相关服务；食用农产品初加工等，注册 资本2000万元，法定代表人由董事长或执行董事担任。 博闻科技表示，新公司设立完成后将作为咖啡业务经营主体，开展精品咖啡种植管理、初加工、存储、 采购销售等经营业务。 据了解，博闻科技于2024年4月布局咖啡业务，在云南省保山市投资新建咖啡项目，形成以咖啡生豆、 熟豆及其制品等主要产品的生产加工基地。 咖啡价格飙升！这家上市公司宣布进入种植领域 咖啡豆贸易商博闻科技（600883.SH）拟切入上游种植领域。 3月26日晚间，博闻科技发布公告称，拟以自有货币资金出资2000万元，在云南省怒江傈僳族自治州泸 水市设立全资子公司，主要从事咖啡种植以及初加工业务。 然而就在2月，博闻科技对投资者透露称暂无种植产能。 南财快讯记者以投资者身份致电博闻科技，工作人员表示，公司主要产品是已经烘焙好的咖啡豆，此次 投资系切入供应链上游，种植之后也将做成咖啡豆出售。谈及是否供应瑞幸、库迪等知名客户时，该人 员称，客户资料不方便透露。 根据项目调研 ...