格隆汇1月28日丨冠农股份(600251.SH)公布，经财务部门初步测算，预计2025年度实现归属于母公司所 有者的净利润33,000万元至34,000万元，同比增加61.29%至66.18%。预计2025年度实现归属于母公司所 有者的扣除非经常性损益的净利润32,400万元至33,400万元，同比增加51.20%至55.87%。 本期业绩预增的主要原因：1.本期库存商品端，棉花及棉籽深加工产品价格回暖，大包装番茄制品产量 及单位成本较上年同期均有所下降，致本期存货跌价准备计提金额较上年同期大幅减少。2.本期棉花及 棉籽深加工业务受益于市场行情回暖，经营业绩实现扭亏为盈，相关业务利润较上年同期明显增长。 ...

本期业绩预增的主要原因：1.本期库存商品端，棉花及棉籽深加工产品价格回暖，大包装番茄制品产量 及单位成本较上年同期均有所下降，致本期存货跌价准备计提金额较上年同期大幅减少。2.本期棉花及 棉籽深加工业务受益于市场行情回暖，经营业绩实现扭亏为盈，相关业务利润较上年同期明显增长。 格隆汇1月28日丨冠农股份(600251.SH)公布，经财务部门初步测算，预计2025年度实现归属于母公司所 有者的净利润33,000万元至34,000万元，同比增加61.29%至66.18%。预计2025年度实现归属于母公司所 有者的扣除非经常性损益的净利润32,400万元至33,400万元，同比增加51.20%至55.87%。 ...

Core Insights - Chongqing's agricultural products, including Fuling pickled vegetables, Fengjie navel oranges, Wushan crisp plums, and Tongnan lemons, have the highest brand value in their respective categories in China [1][2] - The export volume of Chongqing's agricultural products increased by 71.8% year-on-year in 2025, while the export value rose by 47.4% [1] - Chongqing has established a strong export presence, with Fuling pickled vegetables exported to over 80 countries and regions, and Fengjie navel oranges consistently exported overseas [1] Group 1 - The Chongqing government is promoting high-level opening-up, which has contributed to the brand value of its agricultural products [1] - By 2025, the China-Europe Railway Express (Chengdu-Chongqing) will cover over 120 cities in Eurasia, and cross-border road transport will exceed 12,000 trips [1] - The "ASEAN Fast Train" will facilitate two-way trade between Eurasia, enhancing the logistics network for agricultural exports [1] Group 2 - The Chongqing Agricultural and Rural Committee has implemented high-quality development action plans for key agricultural products, including Fuling pickled vegetables and Fengjie navel oranges [2] - The focus for this year includes deepening the brand promotion initiatives to strengthen regional public brands like Fuling pickled vegetables and Fengjie navel oranges [2]

Report Industry Investment Rating - Not provided Core Viewpoints - Due to the recent drought in Argentina, the supply pressure has weakened, and it is expected that U.S. corn will oscillate strongly at the bottom. The supply of corn in North China has increased, and the spot price of corn is stable, while that in Northeast China is relatively stable. Farmers' reluctance to sell has begun to ease, and the spot price will remain relatively stable in the short term. The purchase price at northern ports is weak today. The price of wheat in North China is strong, and the price difference between corn in Northeast and North China is widening. Recently, the market has been trading on the increased grain sales in North China before the Spring Festival, and there is still selling pressure on corn in Northeast China later. The rebound space for corn spot is limited, and there is room for a decline in the March corn contract. The short - term outlook for the March starch contract is a weak oscillation [4][6][8]. Summary by Directory Part I: Data - **Futures Market Data**: For corn futures contracts C2601, C2605, and C2509, the closing prices are 2255, 2279, and 2297 respectively, with price changes of 4, - 3, and - 1, and price change rates of 0.18%, - 0.13%, and - 0.04%. For corn starch futures contracts CS2601, CS2605, and CS2509, the closing prices are 2588, 2610, and 2623 respectively, with price changes of 3, 2, and 6, and price change rates of 0.12%, 0.08%, and 0.23% [2]. - **Spot and Basis Data**: The spot prices of corn in different regions such as Qinggang, Songyuan Jiajie, and Zhucheng Xingmao are 2160, 2220, and 2328 respectively, with price changes of 0. The basis values range from - 137 to 153. The spot prices of corn starch in different regions such as Longfeng, COFCO, and Yihai (Heilongjiang) are 2730, 2700, and 2700 respectively, with price changes of 0. The basis values range from 90 to 290 [2]. - **Spread Data**: For corn inter - delivery spreads like C01 - C05, C05 - C09, and C09 - C01, the spreads are - 24, - 18, and 42 respectively, with price changes of 7, - 2, and - 5. For corn starch inter - delivery spreads like CS01 - CS05, CS05 - CS09, and CS09 - CS01, the spreads are - 22, - 13, and 35 respectively, with price changes of 1, - 4, and 3. For cross - variety spreads like CS09 - C09, CS01 - C01, and CS05 - C05, the spreads are 326, 333, and 331 respectively, with price changes of 7, - 1, and 5 [2]. Part II: Market Analysis - **Corn**: The drought in Argentina has led to a bottom - rebound of U.S. corn, but it is still oscillating at the bottom due to global supply pressure. The import profit of foreign corn is rising. The northern port's flat - hatch price has declined, while the spot price in the Northeast corn - producing area is stable. The supply of corn in North China has decreased, and the spot price is strong. The price difference between Northeast and North China corn has narrowed. Wheat and corn are still being auctioned. The price of wheat in North China is strong, and the price difference between wheat and corn is large, which makes corn more cost - effective. The domestic breeding demand is stable, and the inventory of downstream feed enterprises has increased. The supply of corn in the Northeast is still low, and the price is strong. Farmers' reluctance to sell has weakened, and the port inventory is low. The purchase price at northern ports is weak today. The price of the March contract has continued to decline, and the basis of the spot price has strengthened [4][6]. - **Corn Starch**: The number of trucks arriving at Shandong deep - processing plants has increased, and the spot price of corn in Shandong is stable. The spot price of corn starch in Shandong is around 2770 yuan, and that in the Northeast is stable. The inventory of corn starch has decreased this week, with the manufacturer's inventory at 102.8 million tons, a decrease of 4.1 million tons from last week, a monthly decline of 6.7%, and a year - on - year decline of 8.0%. The price of starch mainly depends on the price of corn and downstream stocking. The by - product prices are still strong, much higher than last year, and the spot price difference between corn and starch is at a low level. Corn prices in North China and the Northeast are stable in the short term. Due to the end of pre - Spring Festival stocking, the spot price of starch is weak, and enterprises are still in the red. The March starch contract has followed the decline of corn, but the short - term decline space is limited, and it is expected to oscillate weakly in the short term [7]. Part III: Trading Strategies - **Unilateral Trading**: The March U.S. corn contract has support at 420 cents per bushel. Consider establishing long positions in the July and May corn contracts [9]. - **Arbitrage Trading**: Hold off on trading for now [10]. Part IV: Corn Options - **Option Strategy**: Adopt a short - term cumulative put option strategy and conduct rolling operations [11]. Part V: Related Attachments - The attachments include six figures: the northern port's corn flat - hatch price, the basis of the May corn contract, the May - September spread of corn, the May - September spread of corn starch, the basis of the May corn starch contract, and the spread of the May corn starch contract [14][15][19].

南财智讯1月28日电，冠农股份公告，预计2025年全年归属于上市公司股东的净利润为3.30亿元—3.40亿 元，同比预增61.29%—66.18%；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为 3.24亿元—3.34亿元，同比预增51.20%—55.87%；主要变动原因为：本期库存商品端，棉花及棉籽深加 工产品价格回暖，大包装番茄制品产量及单位成本较上年同期均有所下降，致本期存货跌价准备计提金 额较上年同期大幅减少；本期棉花及棉籽深加工业务受益于市场行情回暖，经营业绩实现扭亏为盈，相 关业务利润较上年同期明显增长。 ...

冠农股份1月28日公告，预计2025年度归母净利润3.3亿元-3.4亿元，同比增长61.29%-66.18%。 ...

证券之星消息，1月28日农产品加工板块较上一交易日上涨0.56%，欧福蛋业领涨。当日上证指数报收于 4151.24，上涨0.27%。深证成指报收于14342.9，上涨0.09%。农产品加工板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 920371 | 欧福蛋业 | 11.60 | 4.04% | 10.07万 | | 1.15亿 | | 600191 | 一周起来 | 13.55 | 3.67% | 9.90万 | | 1.30亿 | | 002286 | 保龄宝 | 10.20 | 3.13% | 17.61万 | | 1.78亿 | | 600127 | 金健米业 | 7.09 | 2.75% | 54.75万 | | 3.86亿 | | 000911 | 广农糖业 | 7.77 | 2.10% | 11.04万 | | 8492.44万 | | 600737 | 中粮糖业 | 16.86 | 1.87% | 32.12万 | | 5.35亿 | | ...

此前，企业因青梅收购季集中、农户难以提供发票，面临进项抵扣难、财务核算杂等问题。为此，普宁市税务局组建"税惠助农服务队"上门服务，针对青梅 制品加工特点，系统讲解农产品收购发票开具规范、自产与外购原料涉税界定、研发费用加计扣除等政策，辅导企业建立"原料收购—票据留存—成本归 集"全流程台账，精准区分初加工与深加工涉税环节，推动政策红利应享尽享。 合规护航 青梅产业提质增效 初春暖阳洒向普宁山野，万亩梅林缀满洁白花瓣，如覆霜盖雪，微风过处暗香浮动。农户们挎着竹篮穿梭林间，细心疏除过密花枝，为来年挂果筑牢根基。 待花期过后结出青果，这些"黄金果"将从山间送往到车间加工，经由企业搭建的产销链路，从地方特产走向广阔市场，开启风味之旅。 深加工是提升农产品附加值的关键，却因原料收购分散、票据管理复杂等问题，成为企业合规经营的重点难点。普宁市税务局针对加工型企业需求，推 行"滴灌式"辅导，深入生产一线破解企业涉税困惑，从源头规范涉税行为。 普宁市小梅屋食品有限公司是普宁一家小有名气的青梅加工企业，产品远销日本、韩国、东南亚及欧美地区。亮眼成绩背后，既有企业在工艺匠心上的追 求，也有对合规经营的坚守。该企业定期组织财务人员 ...

Report Industry Investment Rating No relevant information provided. Core Viewpoints of the Report The report presents a comprehensive analysis of various sectors including chemicals, agriculture, macroeconomics, and finance. It details price movements, supply - demand dynamics, and market trends for different commodities and financial instruments. It also offers trading strategies and risk considerations for each segment. Summary by Relevant Catalogs Chemicals - On January 28, among the chemical products, crude oil had the largest increase with a 2.082% rise, while styrene had the largest decline with a 0.745% drop [4]. Agriculture - Sugar: Facing strong supply pressure but with cost support, it may maintain a low - level oscillation in the short term. Suggested to wait and see or conduct range operations [13]. - Corn: The upward momentum has weakened, and there is a risk of correction. It is recommended to wait and see, paying attention to the support at 2270 - 2280 yuan/ton [13]. - Peanuts: The market is expected to be volatile in the short term. It is advisable to conduct range operations, with the upper pressure around 8114 yuan and the lower support at the 8000 - yuan mark [13]. - Other agricultural products: Pig prices are likely to rise, egg prices are approaching their peak with an expected decline after the holiday, and cotton prices are expected to oscillate within a range [15]. Macroeconomic News - China will introduce policies to protect the rights of new - form workers, and the profit of industrial enterprises in 2025 has reversed the downward trend [7]. - The Nipah virus in India has little impact on China, and a new drug has shown antiviral activity [7]. - Shenzhen's Nanshan District has become the first district with a GDP exceeding one trillion [7]. - The British Prime Minister will visit China, and the US dollar index has dropped [8]. - There is a new wave of price increases in the global chip industry [8]. - New AI models have been released [9]. Main Varieties Morning Meeting Views - **Agricultural Products** -白糖: Affected by international and domestic supply, it is in a state of low - level oscillation. The key is to watch the support at 5100 - 5150 yuan/ton [13]. -玉米: The upward momentum is weakening, and attention should be paid to the support at 2270 - 2280 yuan/ton [13]. -花生: Oscillating in the short term, with the upper pressure at 8114 yuan and the lower support at 8000 yuan [13]. -生猪: The spot price is likely to rise, while the futures price is weak [15]. -鸡蛋: The spot price is approaching its peak, and the futures price shows a pattern of near - term strength and long - term weakness [15]. -红枣: The price is seeking support downward, and it is recommended to short after a rebound [15]. -棉花: Oscillating in a range, with support at 14500 yuan/ton and a possible decline to 14300 yuan/ton [15]. - **Energy and Chemicals** -烧碱: The supply is excessive, and the price is expected to be weakly stable [15]. -焦煤 and Coke: Pressured and oscillating weakly [17]. -原木: Oscillating in a range, with the upper pressure at 775 - 778 yuan and the lower support at 771 yuan [17]. -纸浆: Weakly oscillating, with support at 5300 yuan/ton [17]. -双胶纸: Oscillating in the 4100 - 4200 yuan/ton range, and beware of the price breaking below 4100 yuan [17]. - **Non - ferrous Metals** -铜 and Aluminum: The medium - term logic remains unchanged, with short - term adjustments and attention to macro risks [18]. -氧化铝: The supply is excessive, and the price is low [18]. -螺纹钢 and Hot Rolled Coil: The downstream winter storage intention is insufficient, and the steel mills' restocking is nearing the end. The support for rebar is at 3000 - 3100 yuan, and for hot - rolled coil is at 3200 - 3250 yuan [18]. -铁合金: The cost is supported, and the short - term trend is to go long on dips [19]. -碳酸锂: The price is strong in the short term, and it is advisable to go long above 170000 yuan/ton [19]. - **Option Finance** - **Stock Index Options** - On January 27, the A - share market showed mixed trends among different indexes. Trend investors can focus on arbitrage opportunities, and volatility investors can trade according to the price trend [21]. - The A - share index is oscillating at a high level. It is recommended to be cautiously optimistic in the short term, focus on the main market direction, and avoid chasing high prices [22].

Group 1: Company Innovations - Shandong Dazecheng Biotechnology Co., Ltd. has implemented an intelligent production line that automates the entire process from raw material purification to product packaging, enhancing efficiency and control [1] - The company is a leading player in the corn deep processing industry in Chengwu County, aiming to transition traditional agricultural processing towards high-end and cluster development [1] - Dazecheng plans to invest an additional 2.45 billion yuan in the next three years to launch new projects, which are expected to push its output value beyond 10 billion yuan [1] Group 2: Industry Trends - Shandong Xinsen Apparel Co., Ltd. has adopted a fully automated and digitalized production system, addressing traditional pain points such as low efficiency and high labor costs in the garment industry [2] - The company has established a flexible manufacturing system that can quickly respond to market changes, catering to the growing demand for personalized and diverse consumer products [2] - The overall industrial technology transformation investment in Heze City has increased by 9.1%, with 85.5% of regulated industrial enterprises undergoing digital transformation [3] Group 3: Technological Advancements - Pingnai New Materials Technology (Shandong) Co., Ltd. focuses on high-performance coating materials, successfully replacing imports and addressing key technological gaps in the industry [3] - The company has integrated an ERP information system and employs professional analysis tools to enhance its operational management and ensure stable performance [3] - Heze City has seen a 22.4% increase in overall R&D investment, leading the province for two consecutive years, and has introduced new "little giant" enterprises and provincial champions [3]