Core Viewpoint - The pig farming sector is experiencing significant gains, driven by multiple favorable factors, including government measures against EU pork imports and improving domestic demand [1][2]. Group 1: Market Performance - The pig industry index surged nearly 3% on September 11, reaching a new high for the year, with stocks like Jin Xin Nong and Tian Kang Biological hitting the daily limit [1]. - Leading company Mu Yuan's market capitalization exceeded 300 billion yuan, marking a new high for 2023 [1]. Group 2: Regulatory Impact - The Ministry of Commerce announced anti-dumping measures against EU pork imports, with a deposit rate ranging from 15.6% to 62.4%, effective from September 10, 2025 [1]. - The EU accounts for over 50% of China's pork imports, and the new measures are expected to elevate domestic pork prices as import costs rise [1][2]. Group 3: Industry Outlook - The "anti-involution" policy aims for high-quality development in the pig industry, focusing on reducing weight, stabilizing production capacity, and limiting breeding [2]. - As temperatures cool, demand is expected to improve, leading to tighter supply and potential price increases for pork [2]. Group 4: Company Performance - Mu Yuan's half-year report showed a revenue of 76.463 billion yuan, a year-on-year increase of 34.46%, and a net profit of 10.530 billion yuan, up 1169.77% [2]. - The company announced a substantial dividend plan, distributing 9.32 yuan per share, with a payout ratio of 47% [2]. Group 5: Investment Interest - Mu Yuan and Tian Kang Biological are among the most favored stocks, with significant net inflows of nearly 7 billion yuan and over 5.8 billion yuan, respectively [3]. - Tian Kang Biological is recognized for its integrated farming model and stable growth in feed and veterinary businesses, indicating promising future performance [3].