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 | 特定对象调研 分析师会议 | | --- | --- | | | 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 ☐ | | | 国信证券 柳旭 南方基金 | | 参与单位名称及人员姓名 | 周浩 大成基金 刘晓琳 | | | 宝盈基金 李亚凡 | | 时间 | 2025 年 11 月 21 日 13:30-17:30 | | 地点 | 深圳市农产品集团股份有限公司吉农会议室 | | 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 刘小丹 | | | 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 | | 投资者关系活动主要内容 | 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 | | 介绍 | 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 ...

证券代码：000061 证券简称：农产品 编号：2025-017 深圳市农产品集团股份有限公司投资者关系活动记录表 2025年前三季度，公司实现营业收入51.97亿元，同比增长 36.11%，主要系下属深农厨房、深圳海吉星进出口公司、天津海 吉星以及振兴乡村产业公司等企业积极拓展业务、挖掘新品类和 拓宽渠道，商品销售收入同比增加所致。归属于上市公司股东的 | 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 | 1.（现场）中金公司 宋志达 2.（现场）东方证券 陈笑，天风证券 李璇，幸福人寿 张琳颖 （线上）天风证券 何富丽、来舒楠，交银施罗德基金 陈均峰， 富国基金 毕天宇，中欧基金 王颖，博时基金 梅思哲，银华基金 李爽，闻天投资 梁悦芹 | | 时间 | 年 月 日 1. 2025 11 17 16:00-17:00 | | | 2. ...

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997. The company has built 35 physical agricultural product logistics parks across over 20 major cities in China, forming the largest wholesale market network in the country. The average annual trading volume of its wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [1][2]. Business Operations - The company operates across the entire agricultural product supply 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 focuses on creating a modern agricultural product circulation ecosystem, aiming to achieve efficient collaboration and value reconstruction across the entire supply chain [2]. Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 5.197 billion yuan, representing a year-on-year growth of 36.11%. This growth is attributed to the expansion of subsidiaries such as Shenzhen Haijixing Import and Export Company and Tianjin Haijixing [3]. - However, net profit attributable to shareholders and basic earnings per share decreased year-on-year due to competitive market strategies and reduced non-recurring gains [3]. Market Strategy - The company is actively promoting digital transformation and enhancing supply chain efficiency through digital tools and data analysis, which strengthens its role as a core hub in the supply chain [4]. - Future plans include expanding the agricultural product wholesale market, particularly in key regions like Shanghai, Guangzhou, and Chengdu, while also upgrading older markets [5]. Logistics and Distribution - The company is developing a seafood distribution hub in South China, leveraging its proximity to established markets to enhance operational efficiency [6]. - The urban ingredient distribution business targets clients such as military, hospitals, schools, and large enterprises, focusing on market-oriented operations and efficient supply chain management [7]. Brand Development - The company is expanding its "Deep Agricultural Selection" product line, ensuring quality through rigorous testing and promoting its brand through various marketing activities [7]. - Successful products include high-quality items like Sichuan Pa Pa Gan and Danzhou Beibei Pumpkin, among others [7]. Digital Transformation - The company is enhancing its digital capabilities through big data, IoT, and cloud computing, with initiatives like the Deep Agricultural Aggregation Trading System and a price collection and release platform [8]. - These efforts aim to improve market operational efficiency and transparency in pricing [8]. Capital Expenditure and Dividend Strategy - The company adheres to a "steady and orderly" principle in capital investment, adjusting resource allocation based on project progress and market conditions. It emphasizes stable cash dividends while considering future profitability and cash flow [8].

Group 1: Company Overview - The company was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, operating 35 physical agricultural product logistics parks 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 wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [2] Group 2: Business Scope and Strategy - The company's business encompasses the entire agricultural product supply chain, including standardized base planting, cold chain processing, wholesale market construction and operation, urban ingredient distribution, brand development, and import-export services [2] - The company aims to build a modern agricultural product circulation ecosystem, focusing on digital transformation and high-efficiency collaboration across the supply chain [2][4] Group 3: Core Competitive Advantages - With 36 years of experience, the company has developed a leading agricultural product wholesale market network and a comprehensive service system integrating wholesale trading, quality control, brand incubation, and logistics [3][4] - The company is actively expanding its product matrix and enhancing brand influence through initiatives like "Fushi Ji" [3] Group 4: Digital Transformation and Operational Efficiency - The company is advancing its digital transformation by implementing a unified payment system and standardizing logistics operations to improve efficiency and service capabilities [3][4] - Various technological initiatives, such as unmanned management systems and data platforms, are being introduced to enhance market operations and provide real-time data to users [3] Group 5: Future Development Plans - The company plans to continue expanding its wholesale market presence, focusing on key regions and developing new projects while upgrading older markets [5] - Capital expenditure will be managed prudently, with a focus on stable cash dividends to shareholders based on the company's financial health and market conditions [5] Group 6: Employee Engagement - The 2024 employee stock ownership plan was successfully completed, reflecting the confidence of shareholders and management in the company's future, while also motivating employees to contribute to the company's growth [5]

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, forming the largest wholesale market network for agricultural products 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 Model and Strategy - The company focuses on the entire agricultural product circulation chain, providing services such as standardized base planting, cold chain processing, wholesale market construction, urban ingredient distribution, and import-export trade [2] - It aims to create a modern agricultural product circulation ecosystem, emphasizing digital transformation and efficient collaboration across the supply chain [2] Competitive Advantages - The company has extensive experience in managing agricultural product wholesale markets and has built a robust network of logistics parks, enhancing its market position [2] - It offers a one-stop service for supply chain needs, including wholesale trading venues, food safety testing, brand cultivation, and import-export services [2] Impact of New Retail Formats - The development of online new retail formats complements the agricultural wholesale market, creating efficient supply chain linkages [3] - The company is leveraging digital tools to enhance service capabilities and improve operational efficiency [4] Customer Base - The downstream customer base includes secondary wholesale markets, processing and distribution companies, large chain supermarkets, and emerging retail formats like fresh e-commerce and community group buying [5] - The company is focused on optimizing service capabilities and deepening collaboration with various customer types [5] Revenue Structure - The revenue structure from wholesale market management includes rent, commissions, management fees, and parking fees, with pricing influenced by local economic conditions and market competition [5] Digital Payment System - The company is promoting its digital payment system, which has been implemented in over 20 wholesale markets, significantly increasing annual transaction volumes [6] Future Market Expansion - The company plans to continue expanding its wholesale market presence, with ongoing development of new projects and upgrades to existing markets [7] - Strategic investments are planned in key areas such as Shanghai, Chengdu, and Guangzhou, while also addressing the transformation of older markets [7] Revenue Enhancement Initiatives - The company aims to improve transaction efficiency by accelerating the development of new projects and optimizing market layouts [7] - It is also expanding its business along the supply chain, including production-sales connections and brand development [7] Loss Mitigation Strategies - The company is implementing tailored operational improvement plans for underperforming markets, focusing on resource integration and strategic partnerships to enhance market vitality [7]

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 for agricultural products in the country [1] - The average annual trading volume of the company's wholesale markets exceeds 33 million tons, with an average annual transaction value exceeding 250 billion yuan [1] 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 trading efficiency in agricultural product circulation by optimizing market space layout and expanding new trading varieties [3] Revenue Structure - The revenue structure of the wholesale markets includes rent, commissions, management fees, and parking fees, with pricing based on market conditions and local economic development [2] - 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 [6] Digital Transformation - The company is advancing its digital transformation through big data, IoT, and cloud computing, with a focus on enhancing digital operational capabilities [5] - The cumulative transaction amount of the integrated payment system reached over 22.5 billion yuan in the first half of the year [5] Contract Liabilities - The company's contract liabilities increased to 638 million yuan, a year-on-year growth of 29.95%, primarily due to advance rental payments and sales from subsidiaries [7] Impact of New Retail - The development of online new retail complements the physical wholesale markets, which remain the main channel for fresh agricultural product supply, especially during emergencies [4]

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]

Company Overview - Shenzhen Agricultural Products Group Co., Ltd. was established in 1989 and listed on the Shenzhen Stock Exchange in 1997, with over 35 logistics park projects in more than 20 major cities across China [1] - The company has an annual trading volume exceeding 33 million tons and an average annual trading value of over 250 billion yuan in the past three years [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 aims to create a modern agricultural product circulation ecosystem, focusing on efficient collaboration and value reconstruction across the entire supply chain [2] Financial Performance - In the first half of 2025, the company achieved a revenue of 3.491 billion yuan, a year-on-year increase of 44.98%, and a net profit attributable to shareholders of 156 million yuan, up 10.50% [3] - The net profit attributable to shareholders was 190 million yuan, a decrease of 11.07% due to the absence of a one-time gain from a previous year [3] Business Expansion - The rapid growth of the company's full supply chain business is attributed to increased volumes in import-export, ingredient distribution, and single product trade [4] - Tianjin Haijixing achieved a revenue of 232 million yuan in the first half of 2025, with a net profit of 9.22 million yuan, marking a 49.43% increase [5] Market Integration - The company leverages its nationwide network to enhance collaboration among its markets, facilitating trade connections and expanding business coverage [6] - Examples include partnerships between various regional markets to promote local agricultural products and streamline supply chains [6] Import-Export Business - The company has strengthened partnerships with core clients in Thailand, Vietnam, and Brazil, leading to stable growth in key product categories [8] - It is also developing a regulatory service platform for agricultural product exports and exploring new models for supplying products to Hong Kong [8] Urban Ingredient Distribution - The company has expanded its ingredient distribution business, establishing 21 branches in major cities and covering over 30 provinces [8] - It has received AAA certification for agricultural product quality safety management [8] Dividend Policy - The company plans to distribute a cash dividend of 0.70 yuan per 10 shares for the 2024 fiscal year, totaling approximately 118.79 million yuan, which represents 30.92% of the net profit attributable to shareholders [8]