Core Points - The company announced a cash dividend of 0.30 RMB per share for A shares, totaling 57,437,731.50 RMB based on a total share capital of 191,459,105 shares [1][2] - The profit distribution plan was approved at the annual general meeting held on May 15, 2025 [1] - The key dates for the dividend distribution include the record date on June 27, 2025, and the ex-dividend date on June 30, 2025 [1] Distribution Plan - The cash dividend will be distributed to all shareholders registered with the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, after the market closes on the record date [1] - For shareholders with unrestricted circulating shares, the dividends will be distributed through the clearing system of the China Securities Depository and Clearing Corporation [1] - Shareholders who have not completed designated transactions will have their dividends held by the China Securities Depository and Clearing Corporation until the designated transaction is completed [1] Taxation Information - Individual shareholders holding shares for more than one year will not be subject to personal income tax on the dividend, receiving the full 0.30 RMB per share [3] - For shares held for one year or less, the company will not withhold personal income tax at the time of distribution, but tax will be calculated and withheld upon the transfer of shares [3] - For shareholders holding restricted shares, a 10% withholding tax will apply, resulting in a net dividend of 0.27 RMB per share [4][6]

Core Viewpoint - The article discusses the value-added tax (VAT) treatment related to the purchase of agricultural products, clarifying the categories of agricultural products and the applicable VAT deductions based on different purchasing scenarios [1]. Group 1: Purchase from General Taxpayers - When a company purchases agricultural products from a general taxpayer and obtains a VAT special invoice, it can directly deduct the VAT amount indicated on the invoice as input tax [3]. - For example, if a food processing factory purchases wheat for producing flour (applicable tax rate 9%), with an invoice amount of 100,000 yuan and VAT of 9,000 yuan, the deductible input tax is 9,000 yuan [3][4]. - If the purchased agricultural product is used for producing or processing goods subject to a 13% tax rate, an additional 1% can be deducted, calculated at a 10% deduction rate [3][4]. Group 2: Purchase from Small-scale Taxpayers - When purchasing agricultural products from small-scale taxpayers, if a VAT special invoice is issued at a 3% tax rate, the input tax can be calculated based on the invoice amount and a 9% deduction rate; for goods with a 13% tax rate, a 10% deduction rate applies [6]. - For instance, if a beverage factory buys fruits from a small-scale taxpayer for producing fruit cans (applicable tax rate 13%), with an invoice amount of 50,000 yuan and a tax amount of 1,500 yuan, the deductible input tax in the purchase month is 4,500 yuan, with an additional 500 yuan deductible in the production month [6]. - If a VAT special invoice is issued at a 1% tax rate, only a 1% deduction is allowed [6]. Group 3: Import of Agricultural Products - Companies importing agricultural products can deduct the VAT based on the tax amount indicated on the customs import VAT special payment receipt [7]. - If the imported agricultural products are used for producing or processing goods subject to a 13% tax rate, an additional 1% can be deducted during the production and usage phase [8]. Group 4: Purchase from Agricultural Producers - When purchasing agricultural products directly from producers, the input tax can be calculated based on the purchase price indicated on the agricultural product purchase invoice and a 9% deduction rate; for goods processed at a 13% tax rate, a 10% deduction rate applies [9]. - For example, if a pastry factory purchases glutinous rice from farmers with a purchase invoice amount of 80,000 yuan, the deductible input tax in the purchase month is 7,200 yuan, with an additional 800 yuan deductible in the production month [10]. - Purchases from wholesale or retail sectors with ordinary VAT invoices cannot be used as input tax deduction vouchers [11].

Core Insights - The event in Caserta, Campania, aimed to enhance Italy-China agricultural cooperation and promote Italian food exports to China [1][2][3] - Italian agricultural producers express a strong desire to enter the Chinese market, highlighting the growing demand for high-quality food products among Chinese consumers [1][2] Group 1: Event Overview - The 2025 Italy Food and Feed Export to China Seminar and the 8th China International Import Expo Promotion Day took place in Caserta, emphasizing the importance of the Chinese market for Italian agricultural products [1] - The event attracted government officials, agricultural experts, and business representatives from both countries, focusing on export pathways to China and showcasing the production processes of local specialties [1] Group 2: Market Demand and Opportunities - There is a notable increase in demand for high-quality food products in China, with Italian products like cheese, wine, olive oil, and ham becoming increasingly popular [2] - Italian small and medium-sized enterprises (SMEs) are eager to find platforms and bridges to export their products to China, indicating a strong interest in participating in trade events like the China International Import Expo [2][3] Group 3: Future Prospects - The Italian Food and Feed Export Promotion Association plans to develop specific exhibition strategies based on enterprise needs, aiming to facilitate connections between Italian producers and Chinese buyers [3] - The ongoing collaboration is expected to expand, with more Italian flavors entering Chinese households as the bridge provided by the Import Expo strengthens [3]

Group 1 - The article highlights the integration of meteorological technology with financial services to enhance the profitability of local agricultural products in Shandong Province, particularly in Shizhu County [1] - The establishment of a smart mushroom greenhouse equipped with IoT monitoring systems has enabled farmers to cultivate mushrooms more scientifically, improving yield and quality [2][3] - The local mushroom cooperative received a loan of 1.4 million yuan from Postal Savings Bank, resulting in an annual output value of 4.8 million yuan and a 20% increase in yield due to advanced monitoring and management techniques [3] Group 2 - The article discusses the development of a climate-friendly agricultural industry in Shizhu County, with a focus on creating high-value products through climate brand certification and the introduction of various processed products [4] - Postal Savings Bank has tailored financial services to meet the specific needs of local climate-friendly enterprises, offering specialized loan products such as "Mushroom Loan," "Walnut Loan," and "Tea Loan" to support rural revitalization [4] - As of May, Postal Savings Bank has provided over 80 million yuan in loans to climate-friendly enterprises in Shizhu County, covering various sectors and addressing financing challenges for local businesses [5]

Core Viewpoint - The "China-Central Asia Spirit" emphasizes mutual respect, trust, benefit, and assistance, aiming for high-quality development and common modernization among China and Central Asian countries [1][2]. Economic Cooperation - The trade volume between China and Central Asian countries is projected to reach $94.8 billion in 2024, an increase of $5.4 billion from the previous year and over a hundredfold growth from the initial $460 million at the time of diplomatic relations [2][6]. - The establishment of a million-ton agricultural trade park in Kazakhstan by Aijiu Group exemplifies the deepening economic ties, with products like honey and ice cream being exported to China [2][3]. Infrastructure Development - Significant infrastructure projects, such as the China-Europe cross-Caspian express and the China-Kyrgyzstan-Uzbekistan railway, have enhanced connectivity, transforming Central Asian countries from "landlocked" to "land-linked" [3][4]. - The opening of new transportation routes has facilitated smoother trade and travel between China and Central Asia, bolstering economic cooperation [3]. Cultural Exchange - Cultural dialogues between China and Central Asian nations have intensified, with increased cooperation in tourism, healthcare, and cultural exchanges, contributing to a stronger regional community [3][9]. - Chinese films and cultural events have gained popularity in Central Asia, enhancing mutual understanding and cultural ties [3][9]. Security Cooperation - China and Central Asian countries are collaborating on security initiatives to combat traditional and non-traditional threats, establishing a robust security framework for regional stability [4][9]. - The establishment of various cooperative mechanisms, such as the China-Central Asia Public Security Ministers' meeting, reflects a commitment to maintaining peace and security in the region [4][9]. Opportunities for Future Cooperation - The report highlights the potential for cooperation in green and digital sectors, with Central Asia's rich renewable resources aligning with China's investment and technology capabilities [6][7]. - The geographical position of Central Asia as a crossroads between Europe and Asia enhances its economic resilience and international influence through improved infrastructure and logistics [7][8]. Conclusion - The "China-Central Asia Spirit" serves as a guiding principle for fostering deeper ties and achieving shared prosperity, with a focus on mutual support and collaborative development [8][10].

Core Viewpoint - The collaboration between China and Central Asian countries in agriculture is deepening, enhancing agricultural investment, industry, and trade, which benefits both regions and contributes to poverty alleviation [1] Group 1: Agricultural Cooperation and Trade - China welcomes Central Asian countries to promote their agricultural products through significant exhibitions like the China International Import Expo [1] - Agricultural cooperation has led to increased crop yields and quality in Central Asia, enriching the diets of people in both regions [1] - The West Xi'an Aijiu Group has established various agricultural processing facilities in Kazakhstan, including oil and flour production, which supports local farmers through "order agriculture" agreements [3][4] Group 2: Employment and Training Initiatives - The establishment of vocational training programs for farmers in Central Asia aims to enhance agricultural skills and knowledge, with the first training class set to begin in 2025 [2][8] - Local workers, like Manshuk, have benefited from stable employment and opportunities for family reunification through Chinese agricultural investments [3] Group 3: Technological and Methodological Advancements - Chinese agricultural technology, such as water-saving irrigation, has significantly improved cotton yields in Uzbekistan, demonstrating the effectiveness of Chinese methods in local contexts [7][8] - The introduction of e-commerce and modern sales techniques has transformed the marketing strategies of Central Asian agricultural producers, allowing them to access the Chinese market more effectively [5][6] Group 4: Broader Economic Impact - The agricultural collaboration is part of a larger strategy to enhance economic ties between China and Central Asia, with investments in agricultural parks and processing facilities across multiple countries [4] - The success of these initiatives is expected to lead to increased income for local populations and improved living standards [4][5]

Core Viewpoint - The development of the Wushan crisp plum industry in the Qinba Mountain area has significantly contributed to poverty alleviation and economic revitalization in the region [2][15]. Group 1: Industry Development - The Qinba Mountain area spans across six provinces and includes 75 counties, making it one of the most extensive poverty-stricken regions in China [1]. - The Wushan crisp plum has become a key agricultural product, with over 100,000 mu (approximately 66,667 acres) of land dedicated to its cultivation [10][15]. - The average weight of a crisp plum can reach 0.5 kg per five fruits, with market prices around 20 yuan per kg, indicating substantial economic potential [6]. Group 2: Economic Impact - The average disposable income in Tian'e Village increased from over 8,000 yuan in 2017 to 15,000 yuan last year, marking a growth of approximately 77% [11]. - The "Wushan Crisp Plum" brand has expanded beyond Wushan County to include multiple districts, with a total planting area of about 800,000 mu [15]. - The local government has invested in infrastructure improvements, such as roads, which have facilitated the growth of the plum industry and enhanced market access [8][13]. Group 3: Community Transformation - The transformation of Tian'e Village from a poverty-stricken area with mud houses to a community with modern housing reflects the success of the poverty alleviation efforts [13]. - The integration of tourism with agriculture, such as plum picking and related activities, has further stimulated the local economy [10]. - The establishment of the "Wushan Crisp Plum Industry Brain" has connected over 100 distributors and six supply chain companies, enhancing the efficiency of the industry [10].

Core Viewpoint - The training session held in Huizhou aims to enhance the development of Huizhou Mei Cai, a local specialty, through cultural and technological empowerment, aligning with national strategies for rural revitalization and agricultural modernization [7][13][15]. Group 1: Training Session Details - The training session took place on June 20, hosted by Huizhou District Vice Mayor He Dongwen, with over 300 participants including local government officials, agricultural enterprises, and financial institutions [8][11]. - The session focused on the theme of "Huizhou Mei Cai," led by Liu Yutao, Director of the National Agricultural Science and Technology Innovation Center [9][10]. Group 2: Historical and Cultural Significance - Huizhou Mei Cai has a long history and is recognized as one of the three famous dishes in Lingnan, historically served as a tribute food in the imperial court [16][17]. - The training highlighted the evolution of Huizhou Mei Cai from a local delicacy to a recognized product in Southeast Asia and beyond, emphasizing its cultural heritage [19][20]. Group 3: Industry Development Strategies - The training aims to implement the "Hundred Counties, Thousand Towns, and Ten Thousand Villages" high-quality development project, focusing on cultivating county-level characteristic industries [14][15]. - Huizhou Mei Cai is positioned as a national geographical indication product, serving as a significant agricultural brand for the region [23][24]. Group 4: Future Directions and Initiatives - The local government plans to transition the Mei Cai industry from traditional agriculture to a modern, full industrial chain, enhancing brand development and integrating research resources [34][36]. - The session initiated a comprehensive technical integration for the production, processing, storage, and sales of Huizhou Mei Cai, aiming to capitalize on the growing market for pre-prepared foods and traditional flavors [38][40].

Core Insights - The 2025 Langfang Economic and Trade Fair introduces a new shopping experience through a consumer market featuring six streets and sixteen alleys, showcasing five distinct exhibition areas including specialty foods, health drinks, agricultural products, traditional crafts, and cultural daily goods [1][3] Group 1: Event Highlights - The consumer market is designed to be interactive, allowing visitors to shop, play, and explore, thus enhancing the overall experience [1] - The market features a unique layout with "6 streets and 16 alleys," which is a significant highlight of the event, showcasing selected consumer scenarios from 28 multi-industry integrated service consumption scenes across the province [3] Group 2: Product Offerings - The market presents a variety of domestic products, including high-quality goods and traditional brands, emphasizing the vitality of established names in the industry [3][5] - Innovative products such as the mini version of Baoding ice persimmons and creative items like keychains and pillows are introduced by local producers, showcasing the blend of traditional and modern offerings [5] Group 3: International Engagement - The market provides exclusive benefits for international buyers, including a "buy and return" service that facilitates tax refunds directly at the market, enhancing convenience for foreign visitors [5]

Core Insights - Domestic rapeseed meal spot prices remained stable, with Dongguan rapeseed meal quoted at 2570 yuan/ton [1] - The futures market saw the main rapeseed meal contract closing at 2679.00 yuan/ton, with a slight decline of 0.07% [2] Price Overview - The rapeseed meal prices across various regions on June 20 are as follows: - Tianjin: 2630 yuan/ton - Fujian/Xiamen: 2590 yuan/ton - Liaoning/Yingkou: 2810 yuan/ton - Hubei/Jingzhou: 2570 yuan/ton - Jiangsu/Nantong: 2530 yuan/ton [2] Market Trends - Canadian canola seed exports decreased by 17.05% to 131,400 tons as of June 15 [3] - The number of rapeseed meal futures warehouse receipts recorded on June 20 was 25,824, a decrease of 30 from the previous trading day, with a cumulative reduction of 431 receipts over the past week, representing a 1.64% decline [3] Analysis - With the concentration of imported soybeans arriving at ports, oil mills have increased their operating rates, leading to a more relaxed supply that pressures meal prices [4] - The demand for rapeseed meal is expected to rise due to the peak season for aquaculture, although improved trade relations between China and Canada may increase supply and negatively impact rapeseed meal prices [4] - The rapeseed meal market is experiencing narrow fluctuations with a slight upward trend, suggesting a short-term trading approach [4]