Group 1 - The stock price of Shennong Group (605296) closed at 32.28 yuan on August 6, 2025, with an increase of 1.35% and a turnover rate of 0.82% [1] - On August 6, the net inflow of main funds was 8.45 million yuan, accounting for 6.15% of the total transaction amount, while retail investors had a net outflow of 16.81 million yuan, representing 12.23% of the total transaction amount [1][3] - In July 2025, Shennong Group sold 174,700 pigs, generating a sales revenue of 327 million yuan, with an average selling price of 14.73 yuan/kg, which increased by 2.65% compared to June 2025 [1][3] Group 2 - The third extraordinary general meeting of shareholders will be held on August 14, 2025, to review four proposals, including the initiation of commodity futures and options hedging business [2] - The company plans to use its own funds for hedging related to pig and agricultural product futures, with a maximum risk exposure not exceeding 500 million yuan at any given time [2] - The meeting will also discuss the 2025 restricted stock incentive plan and its management measures to attract and retain talent [2]

Meeting Overview - The third meeting of the fifth Supervisory Board of Yunnan Shennong Agricultural Industry Group Co., Ltd. was held on July 28, 2025, in Kunming, Yunnan Province, with all three supervisors present [1] - The meeting was conducted in accordance with the Company Law and the company's articles of association [1] Approval of Hedging Business - The Supervisory Board approved the company's commodity futures and options hedging business, confirming that the approval procedures comply with national laws and regulations [1] - The company has established a management system for commodity futures hedging business, including risk control measures to effectively manage business risks [1] Stock Incentive Plan - The Supervisory Board reviewed the list of initial grant recipients for the 2025 Restricted Stock Incentive Plan, confirming that the recipients meet the qualifications set forth in relevant laws and regulations [3] - The plan received unanimous approval from the Supervisory Board, with all three votes in favor [2][3] - The company will publicly announce the names and positions of the incentive recipients for a period of no less than 10 days before the third extraordinary shareholders' meeting in 2025 [3]