证券代码：600127 证券简称：金健米业 公告编号：临2025-44号 金健米业股份有限公司关于召开2025年半年度业绩说明会的公告 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。 登录新浪财经APP 搜索【信披】查看更多考评等级 重要内容提示： 会议召开时间：2025年9月17日（星期三） 下午15:00-16:00 会议召开地点： 1.价值在线（网址：http://www.ir-online.cn） 2.东方财富路演平台（网址：https://roadshow.eastmoney.com） 会议召开方式：网络文字互动方式 会议问题征集：投资者可于2025年9月16日（星期二）16:00前，①访问网址https://eseb.cn/1r8kzbf0Jgs或 使用微信扫描下文中小程序码进行会前提问；②访问网址https://roadshow.eastmoney.com/luyan/4879587 或使用微信扫描下文中二维码进行会前提问；③通过公司邮箱dm_600127@163.com进行提问。公司将 在说明会上对投资者普遍关 ...

Group 1 - The company Jin Jian Rice Industry (600127) announced that it will hold a 2025 semi-annual performance briefing on September 17, 2025 [1]

Group 1 - The core viewpoint of the article highlights the partnership between Zhongxiang Securities and Fuyou Biotechnology, marking the company's journey towards listing on the Hong Kong capital market [1][10] - Fuyou Biotechnology, established in 2014, focuses on the deep processing of the pomelo industry, utilizing a unique development model that integrates companies, research institutions, ecological bases, and farmers [3] - The company has been recognized as a key agricultural leading enterprise in Guangdong Province in 2023, reflecting its significant growth and contribution to the local economy [3] Group 2 - Fuyou Biotechnology operates three fully automated production lines with independent intellectual property rights, ensuring high product quality through advanced processing techniques [5] - The company's pomelo beverage "Jinyou No. 1" has received accolades, including being named a "Guangdong Province Famous Brand Product" and designated as the reception beverage for the Sixth World Business Conference [5] - The company has achieved various certifications, including ISO9000 quality management system certification and recognition as a national high-tech enterprise [5] Group 3 - Zhongxiang Securities will assist Fuyou Biotechnology in restructuring its equity and assets to comply with legal and regulatory requirements for the Hong Kong listing [7] - The firm will help the company enhance its financial management and coordinate audits to meet international accounting standards [8] - Zhongxiang Securities will prepare the necessary listing documents and facilitate communication with regulatory bodies, ensuring a smooth transition to the capital market [8] Group 4 - The partnership is seen as a significant milestone for Fuyou Biotechnology, aiming to enhance brand influence, broaden financing channels, and accelerate the implementation of its development plans [10] - Zhongxiang Securities aims to provide comprehensive capital market solutions, ensuring an efficient and stable listing process for Fuyou Biotechnology [10]

Core Insights - The overall prices of major consumer goods in Dongying City remain stable, with 29 items decreasing, 24 items increasing, and 5 items remaining unchanged compared to the previous week as of September 4 [1] Group 1: Grain and Oil Prices - Grain and oil prices are generally stable, with 11 items unchanged and 1 item increasing among the 12 monitored products. The price of special flour is 2.050 yuan per 500 grams, remaining stable week-on-week and increasing by 0.99% year-on-year [2] Group 2: Meat, Poultry, and Egg Prices - Meat prices show a slight increase, with an average price of 20.647 yuan for 7 types of meat, where 2 items are unchanged and 5 items have increased. The price of lean meat is 14.160 yuan, up 3.36% week-on-week but down 18.62% year-on-year [3] - Egg prices have slightly increased to an average of 3.620 yuan, with a week-on-week increase of 0.56% but a year-on-year decrease of 34.18% [3] Group 3: Vegetable and Fruit Prices - Vegetable prices predominantly increased, with an average price of 3.316 yuan for 17 commonly consumed vegetables, where 1 item decreased, 1 item remained unchanged, and 15 items increased, averaging a rise of 6.66% week-on-week [4] - Fruit prices experienced slight fluctuations, with an average price of 3.488 yuan for 5 types of fruit, where 1 item decreased, 3 items remained unchanged, and 1 item increased [4]

证券之星消息，9月4日农产品加工板块较上一交易日下跌0.92%，中粮糖业领跌。当日上证指数报收于 3765.88，下跌1.25%。深证成指报收于12118.7，下跌2.83%。农产品加工板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 603231 | 索宝蛋白 | | 3278.78万 | 9.92% | -833.66万 | -2.52% | -2445.12万 | -7.40% | | 666000E | 金龙鱼 | | 1496.63万 | 2.87% | -227.67万 | -0.44% | -1268.96万 | -2.44% | | 300138 | 晨光生物 | | 1243.76万 | 9.01% | -265.09万 | -1.92% | -978.67万 | -7.09% | | 600191 | 三四级 | | 469.00万 | 7.42% | 371. ...

Core Viewpoint - The construction of "livable and workable beautiful villages" is essential for advancing rural revitalization in China, emphasizing the need for a comprehensive improvement in rural living quality and the modernization of agriculture and rural areas [1] Group 1: Systematic Governance - Livable and workable beautiful villages require a multi-dimensional approach, including convenient infrastructure, comfortable living environments, rich spiritual life, and modern governance systems [2] - Local governments should play a leading role by collaborating with banks, enterprises, and contractors to enhance village construction, attracting social capital and public participation [2] - Policies must be scientifically and forward-looking to align rural infrastructure development with the growing needs of villagers for a better life [2] Group 2: Industrial Development - The prosperity of rural areas is linked to the development of characteristic industries, which can reshape the underlying logic of rural development [3] - Each region has unique natural and cultural resources that can be leveraged to cultivate diverse industries, avoiding homogenization in rural tourism [3] - Promoting the integration of primary, secondary, and tertiary industries is crucial for enhancing the value chain and increasing villagers' income [3] Group 3: Ecological Product Value Realization - The transformation of ecological product value is key to converting "green mountains and clear waters" into "golden mountains and silver mountains," essential for achieving a beautiful economy [4] - Identifying and assessing the value of ecological products is necessary to ensure they have market value, laying the groundwork for subsequent transformations [4] - Continuous effects of ecological product value realization must be emphasized to ensure sustainability of industrial resources [4] Group 4: Youth Talent Development - Youth are vital for driving the construction of beautiful villages, but there is a significant outflow of talented youth to urban areas [6] - Establishing effective channels for talent exchange and targeted recruitment is essential to attract professionals in agriculture, rural tourism, and e-commerce [6] - A comprehensive retention mechanism focusing on policy support, service assurance, and emotional recognition is necessary to enhance the sense of belonging among rural youth [6]

| 浮法平板玻璃(4.8/5mm) | 直 | 1190.8 | -25.4 | -2.1 | | --- | --- | --- | --- | --- | | 七、农产品(主要用于加工) | | | | | | 稻米(粳稻米) | 直 | 4037.0 | 0.0 | 0.0 | | 小麦(国标三等) | 를 | 2420.7 | -4.9 | -0.2 | | 玉米(黄玉米二等) | 直 | 2300.9 | -16.8 | -0.7 | | 棉花(皮棉,白棉三级) | 度 | 14756.3 | 141.9 | 1.0 | | 生猪(外三元) | 千克 | 13.7 | -0.1 | -0.7 | | 大豆(黄豆) | 度 | 4422.7 | -20.4 | -0.5 | | (%3% (粗蛋白含量 = 43%) | 世 | 3051.1 | 1.8 | 0.1 | | 花生(油料花生米) | 世 | 7564.3 | -2.4 | 0.0 | | 八、农业生产资料 | | | | | | 尿素(中小颗粒) | 臣 | 1759.9 | -6.3 | -0.4 | | 复合肥(硫酸钾复合肥,氮磷钾含 ...

Core Viewpoint - The company held its 24th meeting of the 7th Board of Directors on September 2, 2025, where several key resolutions were passed, including the abandonment of preemptive rights and the signing of a lease agreement, both of which involve related party transactions [2][3][6][25][27]. Group 1: Board Meeting Resolutions - The Board approved the resolution to abandon preemptive rights regarding the transfer of shares in a subsidiary, with a unanimous vote of 6 in favor and no opposition [3][12]. - The Board also approved the signing of a lease agreement with a related party, again with a unanimous vote of 6 in favor [6][27]. - Both resolutions will be submitted for approval at the upcoming second extraordinary general meeting of shareholders scheduled for September 19, 2025 [5][8]. Group 2: Related Party Transactions - The abandonment of preemptive rights pertains to the transfer of shares in Hangzhou Huaying Xintang Down Products Co., Ltd., where the company maintains its 51% ownership despite the transfer [10][11][18]. - The lease agreement involves the company's wholly-owned subsidiary, Huaying (Hangzhou) Food Technology Co., Ltd., leasing a property from a related party, with a total rental of RMB 2.3269 million over three years [25][32]. - The related party transactions have been reviewed and approved by independent directors, ensuring compliance with relevant regulations and that they do not harm the interests of the company or its shareholders [20][36]. Group 3: Upcoming Shareholder Meeting - The second extraordinary general meeting of shareholders is set for September 19, 2025, where shareholders will vote on the aforementioned resolutions [38][39]. - The meeting will allow for both on-site and online voting, ensuring accessibility for all shareholders [39][48]. - The agenda includes the approval of the resolutions passed by the Board, with specific provisions for related party shareholders to abstain from voting on relevant matters [45][46].

Financial Performance and Key Metrics - The company reported earnings per share of $0.93 in the second quarter, exceeding market expectations [4] - The company is on track to achieve $200 million to $300 million in cost reductions this year, part of a broader goal of $500 million to $750 million over the next three to five years [8][10] Business Line Performance - The Ag Services and Oilseeds segment delivered results in line with expectations, benefiting from improved plant networks and regulatory certainty [4] - The Nutrition business showed sequential improvements, particularly in the flavor and probiotic segments, and has resumed production at a previously down protein plant [5][33] Market Conditions - Commodity prices are currently low, impacting farmer willingness to sell, but a large crop is expected in the U.S., which should support processing capacity [26][28] - Regulatory clarity regarding biodiesel and biofuels is improving, which is expected to benefit the Car Solutions business [10][30] Company Strategy and Industry Competition - The company is focusing on portfolio simplification and has exited non-core units that did not meet return expectations [6][7] - There is an emphasis on capital allocation towards productivity and innovation, with a balanced approach to dividends and strategic acquisitions [9][52] Management Commentary on Operating Environment and Future Outlook - Management expressed optimism for a strong finish to 2025 and excitement about 2026, despite ongoing uncertainties [11] - The company is actively working to improve operational excellence and customer relationships to regain market share lost during production downtime [35][63] Other Important Information - The company has been increasing dividends for the last fifty years, reflecting a commitment to driving cash flows [10] - There is a focus on emerging markets, particularly in Africa and Asia, to drive growth in flavors and affordable nutrition [66][67] Q&A Session Summary Question: What is the outlook for the second half of the year? - Management indicated that Q4 is expected to be significantly better than Q3, driven by improved crush margins and harvest timing [12][15] Question: How are cost savings being achieved? - Cost savings are being realized through operational improvements, personnel reductions, and technology investments [20][22] Question: What is the impact of the Decatur protein facility coming back online? - The facility is expected to contribute $20 million to $25 million per quarter, with half of that from operational improvements and the rest from regaining customer volumes [39][40] Question: How does the company plan to allocate capital for growth? - Capital allocation will focus on productivity improvements, maintaining dividends, and strategic acquisitions, with decisions made on a project-by-project basis [52][54]

Financial Performance and Key Metrics - The company reported earnings per share of $0.93 in the second quarter, exceeding market expectations [4] - The company is on track to achieve $200 million to $300 million in cost reductions this year, part of a broader goal of $500 million to $750 million over the next three to five years [8][10] Business Line Performance - The Ag Services and Oilseeds segment delivered results in line with expectations, benefiting from improved plant networks and regulatory certainty [4] - The Nutrition business showed sequential improvements, particularly in the flavor and probiotic segments, and has resumed production at a previously down protein plant [5][33] Market Conditions - The company anticipates a strong fourth quarter driven by better crush margins and a large crop harvest in the U.S. [12][28] - Commodity prices are low, affecting farmer willingness to sell, but a large crop is expected, which should support processing capacity [25][27] Company Strategy and Industry Competition - The company is focusing on portfolio simplification and has exited non-core units to enhance returns [6][9] - There is a strong emphasis on capital allocation towards productivity and innovation, with a commitment to maintaining and growing dividends [9][51] Management Commentary on Operating Environment and Future Outlook - Management expressed optimism about finishing 2025 strong and is excited about the opportunities in 2026, despite ongoing uncertainties [11][60] - The company is actively working on operational excellence and improving supply chain management to meet growing demand [62] Other Important Information - The company has been investing in regulatory clarity for biofuels, which is expected to support future growth [10][56] - The Nutrition segment is focusing on innovation and expanding capabilities in flavors and probiotics, with a strong emphasis on R&D [41][66] Q&A Session Summary Question: What is the outlook for the second half of the year? - Management indicated that Q4 is expected to be significantly better than Q3, driven by improved crush margins and harvest timing [12][14] Question: How is the company managing cost savings? - The company is on track to deliver substantial cost savings through operational improvements and technology [20][22] Question: What are the expectations for the Nutrition segment? - The Nutrition segment is expected to see a quarterly impact of $20 million to $25 million as operations ramp up, with a focus on rebuilding market share [38][39] Question: How does the company view its capital allocation strategy? - The company prioritizes capital allocation towards productivity and innovation, maintaining a balanced approach to dividends and strategic acquisitions [51][54]