Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of CNY 5.973 billion, representing a year-on-year growth of 22.40% [4] - The net profit attributable to shareholders was CNY -0.077 billion, with a year-on-year increase of 60.99% [4] Group 2: Challenges and Responses - The decline in feed business revenue was primarily due to a decrease in raw material prices and changes in the structure of downstream breeding groups, with a 11.33% year-on-year drop in feed sales volume [2] - The company plans to accelerate customer transformation and adjust its product structure towards high-margin, cost-effective feed products [2] Group 3: Market Strategy and Competitiveness - The company has a strong competitive advantage through a comprehensive industry chain strategy, advanced products and breeding technology, and digital transformation capabilities [3] - The company aims to maintain and enhance its market share amidst increasing competition by leveraging its 37 years of experience in the pig farming industry [3] Group 4: Cost Management and Risk Mitigation - The company implements a low-cost competitive system and comprehensive disease prevention management to address the cyclical fluctuations in pig prices [5] - In 2024, the company plans to reduce the cost of fattening pigs by CNY 1.59 per kilogram and the cost of weaned piglets by CNY 46.34 per head compared to the previous year [8] Group 5: Expansion Plans - The company focuses on national expansion, particularly in regions such as Hunan, Guangdong, Guangxi, and Shandong for its feed and pig production businesses [6][9] - The meat processing business is being developed through a combination of online and offline strategies for nationwide coverage [6] Group 6: Research and Development - The company continues to invest in product research and development, aiming for a 100% coverage of the new breeding sow system by 2025 [7] - Emphasis is placed on enhancing the quality of pork products and promoting regional specialties to increase the added value of the pig industry chain [7]

近日，唐人神（002567）披露财报显示，公司2024年度实现扭亏为盈，2025年一季度亏损规模同比明显 收窄。2025年，唐人神预计实现生猪出栏500万至550万头，不断降低养殖成本，在饲料、肉品业务中实 现"客户价值增加、公司量利增加、奋斗者收入增加"目标。 2024年度，唐人神实现营业收入243.43亿元，同比下降9.67%；实现归母净利润3.55亿元，同比扭亏为 盈。2025年一季度，唐人神实现营业收入59.73亿元，同比增长22.40%；实现归母净利润为亏损7705.16 万元，同比减亏超六成。 长期以来，唐人神围绕生猪全产业链展开生产经营，即分步骤发展饲料、养猪、肉品三大产业。其中饲 料产业为养殖产业提供高性价比的产品；养猪产业为下游屠宰加工企业提供安全可溯源的生猪；肉制品 产业可平滑猪价波动风险，增强盈利能力。 此外，针对贸易纠纷背景下可能的饲料成本变动，唐人神回应称，公司所需饲料原料中进口原料占比较 小，且饲料产品的定价方式以成本加成的定价模式为主。饲料产品涨价有利于公司消化原料涨价压力， 提升公司饲料盈利能力。此外，目前饲料原料价格整体上涨幅度较小，对公司养殖成本和养殖业务毛利 率影响较小。 ...

本报记者肖伟 4月28日晚间，唐人神集团股份有限公司（以下简称"唐人神"）发布2024年年度报告，公司实现营业收 入约243亿元，实现归属于上市公司股东的净利润约3.55亿元，实现归属于上市公司股东的扣除非经常 性损益的净利润约2.97亿元，一举实现扭亏为盈。 唐人神董秘孙双胜向《证券日报》记者表示："公司做大做强饲料业务、生猪养殖产业、肉制品业务。 三大业务协同发展，公司又加大在数字信息化、种猪技术、饲料营养技术等方面的投入，强化营运管 理，利用项目制打破部门墙，通过股权激励、高绩效薪酬制度等吸纳社会人才，共同提升公司盈利与抗 风险能力。" 唐人神是一家专注于生猪全产业链经营的农业产业化国家重点龙头企业，以生猪养殖为核心业务，形成 了"品种改良、饲料营养、健康养殖、肉品加工、价值服务"五大产业发展格局，覆盖饲料生产、种猪繁 育、商品猪育肥、生猪屠宰及肉品加工等全产业链环节。公司旗下拥有多个知名品牌，包括"唐人神"牌 肉制品、"骆驼"牌饲料和"美神"牌种苗，其中"唐人神"和"骆驼"均为中国知名商标，"美神"种苗通过美 国NSR认证，达到国际同步育种水平。 孙双胜向《证券日报》记者表示："公司打造了'生物饲料+ ...