面向未来发展，更好推动企业开展基础研究，白春礼认为可以考虑从以下几个方面着手加强：第一，把企业基础研究纳入 国家战略任务体系，形成稳定牵引和长期安排；第二，完善可兑现的激励与风险分担机制，让长期投入形成长期回报；第三， 以科研机构与企业协同为主线，构建基础研究面向产业创新的平台体系和运行机制；第四，强化人才供给与评价导向改革，形 成支持企业做基础研究的制度环境。 （编辑 张伟） 白春礼认为，当前，随着新一轮科技革命和产业变革深入演进，基础研究的重要性更加凸显，主要体现在三个方面：第 一，国际竞争加速向基础前沿前移；第二，科技创新和产业创新的边界更加模糊；第三，企业在国家创新体系中的角色正在升 级。 "总体来看，这些新的变化，推动企业深度参与基础研究的定位逐步改变，企业开展基础研究已成为提升国家原始创新能 力、增强产业链韧性、形成长期竞争优势的关键选择。"白春礼说。 本报记者 朱宝琛 关于企业开展基础研究，在12月18日举行的"《财经》年会2026：预测与战略暨2025全球财富管理论坛"上，中国科学院院 士、中国科学院原院长白春礼进行阐述。 ...

Core Insights - The report from Dongxing Securities highlights that Haida Group's market share in the feed industry continues to increase, with both domestic and international growth expected [1] Feed Sales Performance - In the first half of 2025, the company achieved feed sales of 14.7 million tons, including 1.05 million tons for internal breeding use, representing a year-on-year growth of 25% [1] - The increase in exports is nearing the annual target, indicating strong performance in international markets [1] Swine Breeding Strategy - The company employs a light asset operation model focusing on "purchasing piglets, company + family farms, profit locking, and risk hedging," which optimizes breeding costs and contributes significantly to profitability in the first half of 2025 [1] Aquaculture Management - In aquaculture, the company has achieved significant cost reductions through professional management and technological iterations in industrialized shrimp farming [1] Profitability Metrics - The gross profit margin for agricultural product sales steadily increased, reaching 20.26% in the first half of 2025 [1] Future Outlook - The company plans to steadily enhance capacity utilization in the domestic market while actively expanding in overseas markets, aiming to achieve a strategic target of 51.5 million tons by 2030 [1] - The report suggests that the company's feed business is progressing well both domestically and internationally, with animal health and seedling sectors supporting feed operations, and the light asset breeding model mitigating risks, indicating a long-term competitive advantage [1]