2025年1至6月份，唐人神的营业收入构成为：饲料产业占比60.25%，猪种苗产业占比34.1%，肉类产业 占比5.58%，动保业占比0.06%。 截至发稿，唐人神市值为69亿元。 每经AI快讯，唐人神（SZ 002567，收盘价：4.83元）10月10日晚间发布公告称，截至2025年9月30日， 公司通过股份回购专用证券账户以集中竞价方式回购公司股份约996万股，占公司目前总股本的0.7%， 最高成交价为5.52元/股，最低成交价为4.68元/股，成交金额约5010万元。 每经头条（nbdtoutiao）——天水麻辣烫、淄博烧烤、荣昌卤鹅⋯⋯"泼天流量"退去后，这些城市怎么 样了？ （记者 曾健辉） ...

长江期货养殖产业月报 长江期货股份有限公司交易咨询业务资格：鄂证监期货字[2014]1号 2025-10-9 【产业服务总部 | 饲料养殖中心】 研 究 员：叶 天 执业编号:F03089203 投资咨询号:Z0020750 01 生猪：供应增长压制，期价偏弱运行 目 02 鸡蛋：需求季节性转淡，蛋价偏弱运行 录 03 玉米：新作上市补充供应，盘面反弹承压 01 生猪：供应增长压制，期价偏弱运行 01 生猪：供应增长压制，期价偏弱运行 u 期现货：截至10月8日，全国生猪价格11.52元/公斤，较上月底下跌2.03元/公斤；河南生猪均价11.71元/公斤，较上月底下跌1.94元/公斤；9月30日，主力11合约价格收于12355元/吨，较上 月底下跌1200元/吨，跌幅8.85%；11合约基差-645元/吨，较上月底跌740元/吨。9月猪价重心继续下移，因供应持续增加，且9月16日农业农村部会议内容要求前25大企业1月底之前去化 100万头能繁，集团、散户出栏意愿较强，而需求跟进有限，供大于求令猪价下跌；盘面随着现货走弱估值下移。十一节日期间，养殖端出栏增量，猪价进一步下滑，猪价创新低，主力11 较现货升水明显 ...

9月30日，唐人神跌0.62%，成交额8914.52万元。两融数据显示，当日唐人神获融资买入额806.46万 元，融资偿还1668.47万元，融资净买入-862.01万元。截至9月30日，唐人神融资融券余额合计4.59亿 元。 责任编辑：小浪快报 截至6月30日，唐人神股东户数7.84万，较上期减少10.95%；人均流通股18252股，较上期增加12.29%。 2025年1月-6月，唐人神实现营业收入124.68亿元，同比增长15.05%；归母净利润-5992.46万元，同比减 少1386.75%。 分红方面，唐人神A股上市后累计派现9.72亿元。近三年，累计派现5090.17万元。 机构持仓方面，截止2025年6月30日，唐人神十大流通股东中，国泰中证畜牧养殖ETF（159865）位居 第三大流通股东，持股2039.99万股，相比上期增加82.52万股。南方中证1000ETF（512100）位居第四 大流通股东，持股1327.36万股，相比上期增加254.81万股。香港中央结算有限公司位居第五大流通股 东，持股1088.55万股，相比上期减少522.99万股。银华农业产业股票发起式A（005106）位居第六 ...

Market Performance - The market experienced a strong upward trend, with all three major indices rising collectively [1] - The Shanghai Composite Index closed at 3862.53 points, up 0.90%; the Shenzhen Component Index closed at 13479.43 points, up 2.05%; and the ChiNext Index closed at 3238.01 points, up 2.74% [1] - The total trading volume in the Shanghai and Shenzhen markets reached 2.16 trillion yuan [1] Sector Performance - Sectors that saw significant gains included batteries, energy metals, MLCC, precious metals, geothermal energy, power battery recycling, securities, and fluorine chemicals [1] - Conversely, sectors that declined included education, coal, pork concepts, tax refund stores, and chicken concepts [1] Market Outlook - Everbright Securities suggests that the market is likely to continue its upward trend after the National Day holiday, with the supporting logic for the stock market's rise remaining unchanged [1] - The current market valuation is considered reasonable, with no significant overextension observed, indicating a high probability of returning to an upward range post-holiday [1] - Shenwan Hongyuan Strategy notes that historically, A-shares tend to rise in the short term after the National Day holiday, influenced by policies, external events, liquidity, fundamentals, and overseas market performance during the holiday [1] - The short-term outlook for A-shares may continue to show a fluctuating trend, with limited risks during the holiday period [1]

本文来自微信公众号：凤凰网财经 （ID：finance_ifeng），作者：风暴眼，原文标题：《举报27家黑砖厂后，上官正义想不通……》，题图来自：受访者 供图 最近，上官正义在砖厂圈子火了。各地砖厂老板、搬砖工头疯狂地刷他的视频、追踪他的IP动态，生怕下一秒，他就出现在自己眼前，坏了生意。 从湖南、河南，到山西、广西、云南、湖北……自今年6月以来，不到四个月时间，上官正义跨越多省，举报27家黑砖厂（公司及个体户）强迫劳动的情 况，解救了超过200名残障工人。凤凰网《风暴眼》注意到，近期他更是日夜兼程，几乎2天曝光一家黑砖厂。 有工人像"水牛"一样被困在砖厂里，不干活就挨打，工资不见分文，多年来只剩一身伤疤与嶙峋瘦骨。而这只是"残障人员被强迫劳动"现象的冰山一角。 在奔波的间隙，9月23日，上官正义接受了凤凰网《风暴眼》的专访，回想起每一起解救行动的细节，工人恶劣的工作环境历历在目。他发现，有专门家 族式团伙长期盯梢、拐骗残障人士，再利用线上平台和熟人网络进行交易，形成非法用工的灰色链条。他们是如何躲过监管的？为何长期无人发现？他感 到不解。 尽管2007年山西黑砖窑案曾震惊全国，多名责任人被严惩，但这样的黑 ...

每经头条（nbdtoutiao）——农夫大战怡宝，抢到更多蛋糕的却是宗馥莉！农夫绿瓶上市后，怡宝上 演"滑铁卢"：市占率大跌近5个百分点 （记者 曾健辉） 2025年1至6月份，ST天邦的营业收入构成为：养殖占比63.82%，食品占比33.25%，饲料及饲料原料占 比2.85%，其他占比0.08%。 截至发稿，ST天邦市值为65亿元。 每经AI快讯，2025年9月29日，深交所向天邦食品股份有限公司、张邦辉、章湘云发出监管函：2024年 6月18日，你公司披露的《关于公司重大诉讼及累计新增诉讼、仲裁的公告》显示，原告安徽国元天邦 股权投资基金有限公司请求法院判令你公司及你公司的子公司汉世伟食品集团有限公司向其支付股权回 购款并承担律师费。2025年1月13日，你公司收到相关诉讼事项的一审判决书，但你公司未及时披露， 迟至2025年4月30日才在《关于深圳证券交易所2024年年报问询函的回复公告》中披露相关诉讼事项的 一审判决结果。你公司的相关行为违反了本所《股票上市规则》第1.4条、第2.1.1条第一款、第7.4.4条 的规定。你公司董事长兼总经理张邦辉未能恪尽职守、履行诚信勤勉义务，违反了本所《股票上市规 ...

Core Viewpoint - The A-share and Hong Kong stock markets continue to exhibit "volatile differentiation + internal rotation of technology style," with capital preference focusing on power equipment, non-ferrous metals, and electronics sectors [1][4] Economic Environment - The U.S. August core PCE data did not show significant inflationary pressure, increasing market bets on two more rate cuts by the Federal Reserve this year [1][18] - The "Great American Rescue Plan" is expected to gradually take effect in the second half of the year, alongside fiscal and monetary expansion in Europe, which may boost global demand recovery [1][11] Industry Performance - The technology-related overseas sectors are performing strongly due to ongoing capital expenditure expansion related to AI, while traditional manufacturing and consumption sectors are relatively weak due to high interest rates suppressing demand [2][8] - The A-share and Hong Kong markets are seeing a rotation in capital towards sectors with clear improvement in profitability, such as power equipment and non-ferrous metals [4][6] Investment Opportunities - The AI sector remains a mid-term industry prosperity mainline, with potential for short-term trading adjustments as valuations digest [3][18] - Key areas to watch include battery, engineering machinery, and the anti-involution price increase chain (express delivery, breeding, fiberglass) [3][18] - The overseas capital goods chain is worth early-stage exploration, particularly in non-ferrous metals, engineering machinery, and petrochemicals [3][18] Market Trends - Historical analysis shows that after the Fed resumes rate cuts, improvements in the U.S. job market often lag, while PMI and CPI rebound more quickly [14][18] - The current high interest rate environment is expected to gradually improve housing mortgage rates and corporate financing rates, potentially leading to a recovery in the real estate sector and traditional industry investment willingness [11][18]

Group 1 - The article highlights a significant inflow of 24 million units into the Livestock ETF (159865), indicating strong investor interest in livestock assets [1] - The swine breeding industry is experiencing ongoing supply pressure, with a 0.80% month-on-month decrease in the number of breeding sows in August, and a notable decline in pork prices, with the price per kilogram dropping by 2.74% to 13.15 yuan as of September 18 [1] - The Ministry of Agriculture and Rural Affairs, along with the National Development and Reform Commission, held a meeting on September 16, 2025, to discuss swine production capacity control, emphasizing a reduction in production tasks for major breeding groups by the end of the year [1] Group 2 - The poultry farming sector is facing uncertainties due to frequent outbreaks of avian influenza, which has led to a 20.69% month-on-month increase in the number of grandparent stock updates in August, positively impacting the white feather chicken industry chain prices in the medium to long term [1] - The recent low pork prices are crucial for stabilizing the Consumer Price Index (CPI), as pork accounts for over 20% of its weight, highlighting the macroeconomic significance of price stability [1] - Investors without stock accounts are encouraged to consider the Guotai CSI Livestock Breeding ETF Connect A (012724) and Connect C (012725) as alternative investment options [1]

农产品团队 | 作者： | 王亮亮 | | --- | --- | | 从业资格证号： | F03096306 | | 投资咨询证号： | Z0017427 | | 联系方式： | 010-68578697 | | 作者： | 侯芝芳 | | 从业资格证号： | F3042058 | | 投资咨询证号： | Z0014216 | | 联系方式： | 010-68578922 | | 作者： | 王一博 | | 从业资格证号： | F3083334 | | 投资咨询证号： | Z0018596 | | 联系方式： | 010-68578169 | | 作者： | 宋从志 | | 从业资格证号： | F03095512 | | 投资咨询证号： | Z0020712 | | 联系方式： | 18001936153 | 投资咨询业务资格：京证监许可【2012】75号 成文时间：2025年09月23日星期二 更多精彩内容请关注方正中期官方微信 期货研究院 养殖油脂产业链日度策略报告 摘要 豆油：日内豆油期价大幅下挫，主要原因在于阿根廷政府宣布，在 10月31日前取消所有大豆、豆粕、豆油的出口税，市场认为榨利回 升后我国 ...

Group 1: Fixed Income and Monetary Policy - The report discusses the anticipation surrounding the resumption of government bond trading, highlighting a shift from "buying long" to "buying short" under supportive monetary policy, with a focus on liquidity management [2][4][27] - It is expected that if interest rate cuts occur, the impact on the bond market will depend on the magnitude of the cuts, with a likely continuation of a 10 basis point reduction seen in the first half of the year [2][28][29] - The report emphasizes that regardless of whether bond trading resumes, liquidity concerns are manageable due to the central bank's diverse monetary policy tools [27][28][29] Group 2: Pharmaceutical Industry - The Chinese innovative drug industry is transitioning towards global commercialization, with a strong pipeline of quality projects expected to drive growth [6][9] - The report notes that the early drug development process in China is significantly faster than the global average, saving 30%-50% of time [9] - Future prospects for the industry are optimistic, with increased innovation expected to unlock greater commercial value [9] Group 3: Agricultural Sector - The dairy sector is experiencing a strong supply contraction, with expectations that the phase of destocking is nearing its end [10] - The meat cattle sector is entering a super cycle, with domestic supply tightening due to reduced imports and a long replenishment cycle [10] - The report suggests that the interconnection between dairy and meat cattle sectors will enhance profitability for related enterprises [10] Group 4: Technology Sector - The report highlights the rapid growth of Meige Intelligent, driven by demand in the smart connected vehicle and edge AI hardware markets, with a 44.50% increase in revenue year-on-year [32] - The company is expanding its applications in various sectors, including drones, AR glasses, and robotics, showcasing its strong capabilities in edge AI [34][35] - Despite a decline in overall gross margin, the company anticipates improvements in profitability in the latter half of the year [33][36] Group 5: Investment Recommendations - The report recommends focusing on sectors such as innovative pharmaceuticals, new energy, and new consumption, which are expected to benefit from seasonal demand and improving economic conditions [11] - Specific companies to watch include China Shengmu, Guangming Meat, and Fucheng Co., which are positioned well within the agricultural sector [10]