证券日报网讯 12月17日晚间，天邦食品发布公告称，公司2025年第一次临时股东大会审议通过《关于 修订的议案》《关于修订的议案》《关于修订的议案》等多项议案。 （文章来源：证券日报） ...

养殖ETF（159865）跟踪的是中证畜牧指数（930707），该指数从沪深市场中选取业务涉及畜禽养殖、 饲料加工等领域的上市公司证券作为指数样本，以反映畜牧业相关上市公司证券的整体表现。中证畜牧 指数覆盖了畜禽养殖、饲料及动保等多个细分领域，具有较强的行业代表性。 注：数据来源wind，权重数据截至2025年9月15日，养殖ETF"含猪量"约60%意为生猪含量口径为申万三 级行业中涉及生猪养殖、畜禽饲料、动物保健III相关标的权重之和。规模数据和含猪量数据变化波动， 不预示未来表现。如提及个股仅供参考，不代表投资建议。指数/基金短期涨跌幅及历史表现仅供分析 参考，不预示未来表现。市场观点随市场环境变化而变动，不构成任何投资建议或承诺。文中提及指数 仅供参考，不构成任何投资建议，也不构成对基金业绩的预测和保证。如需购买相关基金产品，请选择 与风险等级相匹配的产品。基金有风险，投资需谨慎。 每日经济新闻 根据wind数据，养殖ETF（159865）盘中净流入2600万份，资金抢筹布局。 消息面，商务部2025年12月16日公布对原产于欧盟的进口相关猪肉及猪副产品反倾销调查的最终裁定， 最终认定原产于欧盟的进口相 ...

猪肉板块高开，大禹生物、傲农生物涨超9%，东瑞股份、得利斯、正虹科技跟涨。 ...

证券日报网讯12月16日晚间，圣农发展（002299）发布公告称，公司及控股子公司无逾期担保情况，亦 无涉及诉讼的担保。 ...

证券日报网讯 12月16日，金新农在互动平台回答投资者提问时表示，截至2025年12月10日公司股东户 数为36749户。 （文章来源：证券日报） ...

公司发布的三季报数据显示，前三季公司共实现营业收入35.41亿元，同比增长3.04%，实现净利 润-9422.05万元，同比下降438.06%，基本每股收益为-0.1200元。（数据宝） 注：本文系新闻报道，不构成投资建议，股市有风险，投资需谨慎。 （文章来源：证券时报网） 金新农12月16日披露，截至12月10日公司股东户数为36749户，较上期（11月30日）减少3521户，环比 降幅为8.74%。 证券时报·数据宝统计，截至发稿，金新农收盘价为5.26元，下跌2.59%，本期筹码集中以来股价累计下 跌3.49%。具体到各交易日，7次上涨，5次下跌。 ...

Core Viewpoint - The company, Tangrenshen (002567.SZ), is focusing on expanding its meat product categories and enhancing its brand presence in the market, aiming to become a leading player in the entire pig industry chain by 2025 [1] Group 1: Business Segments - The company's main business includes three segments: biological feed, healthy breeding, and branded meat products [1] - In the first half of 2025, the meat business is projected to achieve revenue of 696 million yuan [1] Group 2: Strategic Initiatives - The company plans to increase investment in new meat product categories, such as health-oriented products, in response to industry trends and changes in downstream meat consumption [1] - The company is developing brands like "Xiangxiang Pig" and "Tang Xiaochu" to strengthen its market position [1] Group 3: Future Outlook - The company aims to establish itself as a stable, progressive, and promising enterprise within the pig industry chain [1] - Currently, there are no plans for entering the pet feed business in the short term [1]

温氏股份12月15日大宗交易平台出现一笔成交，成交量33.56万股，成交金额453.33万元，大宗交易成交 价为13.51元，相对今日收盘价折价20.20%。该笔交易的买方营业部为中国中金财富证券有限公司云浮 新兴东堤北路证券营业部，卖方营业部为中国中金财富证券有限公司云浮新兴东堤北路证券营业部。 进一步统计，近3个月内该股累计发生11笔大宗交易，合计成交金额为6441.95万元。 证券时报·数据宝统计显示，温氏股份今日收盘价为16.93元，上涨0.24%，日换手率为0.42%，成交额为 4.24亿元，全天主力资金净流入2334.30万元，近5日该股累计下跌0.88%，近5日资金合计净流出2312.54 万元。 两融数据显示，该股最新融资余额为9.14亿元，近5日增加1712.54万元，增幅为1.91%。 机构评级来看，近5日共有1家机构给予该股评级，预计目标价最高的是东方证券，12月11日东方证券发 布的研报预计公司目标价为22.68元。 据天眼查APP显示，温氏食品集团股份有限公司成立于1993年07月26日，注册资本665392.7141万人民 币。（数据宝） 12月15日温氏股份大宗交易一览 | 成交 ...

Core Insights - The report emphasizes the accelerated reduction of pig production capacity and highlights investment opportunities in raw milk and beef cattle sectors [2][15]. Livestock Farming - As of December 12, the average price for lean pigs in China is 11.03 CNY/kg, unchanged from the previous week but down 33.2% year-on-year. The industry continues to face significant supply pressure and losses due to short-term demand stagnation and regional epidemics [7][15]. - The number of breeding sows decreased by 1.1% month-on-month in October, indicating a more pronounced decline compared to September. The winter season is noted as a high-risk period for pig diseases, which may further impact production capacity [15]. - Recommended leading companies include Wens Foodstuffs Group and Muyuan Foods, with additional attention on Dekang Agriculture and New Hope Liuhe. Companies with potential for operational turnaround include Zhengbang Technology, while smaller firms like Tiankang Biological and Shennong Group are also suggested for consideration [15]. - For broiler chickens, the average price for live chickens and chicks is 3.65 CNY/jin and 3.54 CNY/chick, respectively, both showing a week-on-week increase of 1.4% [15]. Dairy Sector - The current price for fresh milk in major production areas is 3.02 CNY/kg, stable week-on-week but down 3.2% year-on-year. The industry is expected to continue reducing capacity due to long-term losses and financial pressures [16]. - The report anticipates a gradual balance in supply and demand as previous capacity reductions take effect, with a positive outlook for the raw milk cycle in 2026-2027 [16]. - Recommended companies in the dairy sector include Yurun Agriculture and Modern Farming [16]. Feed and Animal Health - The report notes a mixed performance in aquatic product prices, with a significant rebound in white shrimp prices due to previous disease outbreaks and delayed stocking [17]. - The aquaculture industry is expected to improve in 2025 compared to 2023-2024, although profitability is projected to remain lower than pre-2023 levels, necessitating upgrades in feed formulations and farming techniques [17]. - Leading feed companies are expected to enhance their market share domestically and expand internationally, leveraging their cost advantages [17]. - Key companies to watch in the animal health sector include Keqian Biological, Pulaike, Ruipu Biological, and Biological Shares, as they expand into pet healthcare [17]. Crop Sector - The domestic corn spot price is 2357 CNY/ton, remaining stable, while soybean meal prices have increased by 1.5% to 3159 CNY/ton [18]. - The report highlights the importance of monitoring weather conditions in South America and trade factors affecting soybean prices [18]. - Companies to focus on in the seed industry include Suqian Agricultural Development, Beidahuang, and Longping High-Tech [18]. Pet Food Industry - The global production layout of pet food companies is maturing, with limited impact from trade frictions on overseas operations. The domestic market shows high growth potential, driven by functional and health-oriented products [20]. - The industry is witnessing a trend towards consolidation, with leading companies like Guibao Pet and Zhongchong Shares showing strong brand performance [20]. - The long-term outlook remains positive for industry growth and the rise of domestic brands [20].

Investment Rating - The report maintains a positive outlook on leading agricultural companies, suggesting investment opportunities in the sector [5]. Core Insights - The agricultural sector has shown resilience, with the industry index outperforming the broader market by 0.4 percentage points during the week of December 8-12, 2025 [13]. - The report highlights significant growth in the pet food segment, with online sales increasing by 27.9% year-on-year during October and November 2025, driven by new consumer brands [34][36]. - The livestock industry is facing challenges, with a 5.5% decrease in the number of pigs marketed in November compared to the previous month, raising concerns about animal disease outbreaks [30]. Summary by Sections Industry Dynamics - The agricultural sector index increased by 0.3%, outperforming the market [13]. - Key stocks such as Zhengbang Technology, Biological Shares, and Luoniushan saw significant gains of 19%, 17%, and 14% respectively [18]. Livestock Industry - In November, the number of pigs marketed decreased by 5.5% month-on-month, with a year-on-year increase of 16.7% [30]. - Prices for live pigs increased by 2.1% week-on-week, while the average weight of marketed pigs decreased by 0.2% [30]. - The utilization rate of fattening barns in 17 provinces dropped by 6.5 percentage points [30]. Poultry Industry - Prices for chicken chicks and broilers increased by 1.4% and 0.8% respectively, amid ongoing global avian influenza outbreaks [37][38]. - The price of chicken products rose by 0.6%, driven by supply constraints and increased export orders [37]. Pet Food Industry - Online sales of pet food reached 8.45 billion yuan, with significant growth from brands like Maifudi and Fresh Lang, which saw increases of 36% and 112.6% respectively [34]. - Chewy reported a 30.9% increase in EBITDA, with active customer numbers growing by 4.9% [35]. Feed Industry - Feed raw material prices showed mixed trends, with soybean meal prices increasing by 1.5% while corn prices slightly decreased [41]. - The price of South American white shrimp increased by 4.3% week-on-week [41]. Animal Health - The veterinary drug price index decreased by 0.2%, with a year-on-year increase of 2.4% [43]. - Merck's imported pet antibiotics were launched on JD Health, marking a significant development in the pet healthcare sector [43].