Core Viewpoint - The company, Dongrui Food Group Co., Ltd., has reported a negative net profit for 2024 and plans not to distribute cash dividends or issue new shares, focusing instead on maintaining operational stability and future growth [75][78][79]. Company Overview - Dongrui Food Group is a modern agricultural enterprise engaged in pig farming, research, and trade, recognized as a key player in the agricultural industry in China [4][5]. - The company has established a complete industrial chain for pig farming, including feed production, breeding, and processing [4][6]. Business Operations - The main business activities include pig farming, feed production, and slaughtering, with products such as commercial pigs, piglets, and pork products [5][6]. - The company has increased its pig production capacity to 2 million heads and has registered farms for supplying live pigs to Hong Kong and Macau [6][7]. Financial Performance - The company reported a net profit of -65.65 million yuan for 2024, leading to a cumulative undistributed profit of 354.24 million yuan at the end of the year [78]. - The company plans to maintain its financial stability by not distributing dividends, which aligns with its long-term growth strategy [79]. Future Plans - The company is exploring a new "company + family farm" breeding model to enhance efficiency and support local farmers [7]. - It aims to expand its slaughtering and pork processing business, with plans to innovate product lines and improve market reach [8]. Shareholder Engagement - The company has proposed a three-year dividend return plan for shareholders, which will be discussed in the upcoming shareholder meeting [21][38]. - The board has approved various reports and plans, including the annual financial report and the profit distribution proposal, which will be submitted for shareholder approval [14][16][19].

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603477 证券简称：巨星农牧 债券代码：113648 债券简称：巨星转债 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担法律责任。 重要内容提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息的真 实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一) 主要会计数据和财务指标 单位：元 币种：人民币 (二) 非经常性损益项目和金额 √适用 □不适用 单位:元 币种:人民币 对公司将《公开发行证券的公司信息披露解释性公告第1号——非经常性损益》未列举的项目认定为非 经常性损益项目且金额重大的，以及将《公开发行证券的公司信息披露解释性公告第1号——非经常性 损益》中列举的非经常性损益项目界定为经常性损益的项目，应说明原因。 □适用 √不适用 (三) 主要会计数据、 ...

Group 1 - The company Dongrui Co., Ltd. (001201) reported a revenue of 494 million yuan in the first quarter of 2025, representing a year-on-year increase of 76.58% [1] - The net loss for the same period was 5.56 million yuan, a significant improvement compared to a net loss of 83.05 million yuan in the same quarter last year [1]

Group 1 - The core viewpoint of the articles highlights the strong financial performance of Muyuan Foods in Q1 2025, with revenue exceeding 36 billion yuan and a net profit of 4.491 billion yuan, representing a year-on-year increase of over 288% [1] - In Q1, Muyuan Foods sold 22.657 million pigs, including 18.395 million commercial pigs and 4.262 million breeding pigs, with both sales volume and average selling price increasing compared to the same period last year [1] - The company's breeding costs have decreased from 15.8 yuan/kg to 12.5 yuan/kg, approaching the internal cost target of 12 yuan/kg for 2025 [1] Group 2 - The net cash flow from operating activities reached 7.506 billion yuan, a year-on-year increase of 48.14%, with cash and cash equivalents amounting to 23.566 billion yuan, an increase of 6.615 billion yuan from the end of last year [1] - The asset-liability ratio of Muyuan Foods is 59.2%, a decrease of 4.39 percentage points year-on-year, indicating improved financial structure [1] - The company plans to enhance cash flow management and optimize debt structure to ensure stable cash flow [1] Group 3 - Muyuan Foods has shifted its investor return strategy towards increased cash dividends, proposing a dividend of 5.72 yuan per 10 shares, along with an additional dividend of 4.531 billion yuan in Q3 2024, leading to a total annual cash dividend of 7.588 billion yuan, the highest since its listing [1] - The company has announced plans to issue H-shares and list on the Hong Kong Stock Exchange, signaling confidence in its internationalization strategy and commitment to high-quality innovative development [2]

前十大流通股东累计持有： 32283.5万股，累计占流通股比： 63.29%，较上期变化： -89.19万股。 一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.2500 | -0.2700 | 192.59 | -0.4100 | | 每股净资产（元） | 6.22 | 5.32 | 16.92 | 6.35 | | 每股公积金(元) | 4.51 | 4.51 | 0 | 4.37 | | 每股未分配利润(元) | 1.26 | -0.25 | 604 | 0.92 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 16.45 | 9.49 | 73.34 | 8.94 | | 净利润(亿元) | 1.3 | -1.38 | 194.2 | -2.06 | | 净资产收益率(%) | 3.88 | -4.60 | 184.35 | -5.76 | 数据四舍五入，查看更多财务数据>> ...

Group 1: Report Industry Investment Ratings - Investment rating for the pig industry: Cautiously bearish [3] - Investment rating for the egg industry: Neutral [5] Group 2: Core Views of the Report - The current pig market is in a situation of weak supply and demand. In the short - term, there is no obvious supply - demand contradiction in pig prices, but in the medium - to - long - term, pressure on栏 and second - round fattening may be released in a concentrated manner later [2] - In the egg market, although the short - term sales are smooth and the trading atmosphere is good, there is a risk of a decline in overall demand [4] Group 3: Summary by Relevant Catalogs Pig Market Market News and Important Data - Futures: The closing price of the pig 2509 contract yesterday was 14,135 yuan/ton, a change of - 230 yuan/ton from the previous trading day, a decrease of 1.60% [1] - Spot: In Henan, the price of external ternary pigs was 15.06 yuan/kg, a decrease of 0.06 yuan/kg; in Jiangsu, it was 15.23 yuan/kg, a decrease of 0.04 yuan/kg; in Sichuan, it was 14.64 yuan/kg, a decrease of 0.14 yuan/kg [1] - Agricultural product wholesale prices on April 24: The average price of pork was 20.88 yuan/kg, a decrease of 0.5%; beef was 62.54 yuan/kg, an increase of 0.1%; mutton was 59.49 yuan/kg, unchanged; eggs were 8.39 yuan/kg, an increase of 0.6%; white - striped chickens were 17.19 yuan/kg, an increase of 0.1% [1] Market Analysis - Last week, slaughter data continued to show weak growth, and frozen product inventories declined slightly. Currently, there is great resistance in the sales of white - striped pigs, and consumption is weak. It is still the off - season for consumption, and it is expected that the consumer side will not improve significantly in the short term [2] - The pig market is currently in a situation of weak supply and demand. Under the influence of second - round fattening, spot prices remain firm, but as the temperature rises, it is difficult to sell white - striped pigs on the consumer side [2] Strategy - Cautiously bearish [3] Egg Market Market News and Important Data - Futures: The closing price of the egg 2506 contract yesterday was 2,984 yuan/500 kilograms, a change of - 42 yuan from the previous trading day, a decrease of 1.39% [3] - Spot: In Liaoning, the egg spot price was 3.44 yuan/jin, a decrease of 0.07 yuan; in Shandong, it was 3.40 yuan/jin, a decrease of 0.10 yuan; in Hebei, it was 3.11 yuan/jin, a decrease of 0.02 yuan [3] - On April 24, the national production - link inventory was 1.13 days, an increase of 0.07 days from the previous day, an increase of 6.60%; the circulation - link inventory was 1.65 days, an increase of 0.18 days, an increase of 12.24% [3] Market Analysis - As the May Day holiday approaches, supermarkets and e - commerce have restocking needs. Due to extreme weather, consumers have increased their purchases, and production and circulation links have cleared their inventories. However, after the sharp rise in spot prices, consumption is suppressed. As the temperature rises, traders are more cautious about egg storage [4]

牧原股份（002714）在一季报交流会上表示，年初至今，公司生猪养殖完全成本逐月下降，3月已降至 12.5元/kg。在成本分布上，目前公司优秀的场线能够将养殖成本控制在11元/kg以内，3月份养殖成本在 12元/kg以下的场线出栏量占比达到了三分之一左右。后续公司会持续推动优秀场线管理经验在内部的 推广、复制，改善落后场线的经营业绩，通过做好内部管理带动整体成本的下降。(人民财讯) ...

智通财经4月24日晚间新闻精选 1、何立峰出席跨境贸易便利化专项行动部署会并讲话，聚焦广大企业需求，加大政策供给，解决实际 问题，加力培育壮大外贸发展新动能，以更优口岸营商环境激发活力、应对外部冲击、稳定增长。 2、中国央行公告，2025年4月25日（周五），中国人民银行将以固定数量、利率招标、多重价位中标方 式开展6000亿元MLF操作，期限为1年期。 3、工信部等七部门印发《医药工业数智化转型实施方案（2025-2030年）》提出，开展"人工智能赋能 医药全产业链"应用试点。 4、上海：到2027年，上海商业航天产业规模力争达到1000亿元左右，商业火箭总装制造能力每年100 发、商业卫星智能制造能力每年1000颗、应用终端批量制造能力每年100万个。 5、中美正就关税问题谈判甚至会达成协议？外交部：都是假消息。商务部：目前中美之间未进行任何 经贸谈判。 6、牧原股份：第一季度净利润44.91亿元 同比扭亏为盈。同花顺：一季度净利润同比增长15.91%。中 微公司：一季度净利润3.13亿元 同比增长25.67%。中国铝业：第一季度净利润同比增长59%。中国平 安：拟发行不超500亿元人民币债券融资工具。四 ...

得益于生猪价格的回暖，"猪茅"牧原股份拿出了一份亮眼的成绩单：一季度营收同比增长37.26%，净利润为44.91亿元，业绩大幅扭亏。 周四牧原股份发布2025年一季度财报。核心要点如下： 牧原股份A股周四上涨0.37%报40.52元/股，自3月以来累计上涨近12%，总市值为2214亿元。 业绩大幅扭亏，生猪价格回暖成主因，现金流显著改善 虽然业绩大幅改善，但牧原股份的负债水平仍需关注。 从盈利能力来看，公司基本每股收益为0.83元，上年同期为-0.44元。扣除非经常性损益后的净利润为45.09亿元，同比增长288.92%，显示公司核 心业务盈利能力明显增强。 更为关键的是，公司现金流状况显著好转。第一季度经营活动产生的现金流量净额为75.06亿元，同比增长48.14%，这一数据侧面反映了生猪销售 回款情况的改善。 同时，合同负债较期初增加80.04%，反映预收货款的大幅增长，可能预示市场需求向好。 业绩强势扭亏：Q1实现营收360.61亿元，同比增长37.26%；净利润44.91亿元，同比扭亏为盈。生猪价格回升和销量增加成为业绩增长的主 要驱动力。 现金流显著改善：经营活动现金流净额75.06亿元，同比增长4 ...

正邦科技(002157.SZ)公告称，2025年第一季度 营业收入为30.02亿元，同比增长108.22%。归属于上市 公司股东的 净利润为1.71亿元，同比 扭亏为盈。 ...