Group 1: Fisheries Industry - Ningde, Fujian is a core breeding area for large yellow croaker, with local fishermen practicing the traditional custom of night fishing during the end of summer [1][3] - The night fishing season begins in early autumn when the water temperature becomes suitable, leading to active fish schools and high-quality large yellow croaker [3] - The fishing operation involves using detection equipment to locate fish schools, and fishermen work together to haul in large quantities of fish, which are then quickly transported to seafood markets [5] Group 2: Agriculture Industry - In Ying Shang County, Anhui, the lotus root harvest season has begun, with farmers actively collecting mature lotus roots for sale across the country [7] - The daily output of lotus roots from the planting base is around 50,000 jin (approximately 25,000 kg) [7] - Ying Shang County has developed a strong agricultural sector focused on aquatic crops, with lotus root planting covering 40,000 mu (approximately 2,666.67 hectares) and generating an annual output value of 25 million yuan [9]

Core Viewpoint - China National Fisheries (中水渔业) reported a decrease in revenue but an increase in net profit for the first half of 2025, primarily due to substantial government subsidies [3][4][6]. Financial Performance - The company achieved revenue of 1.747 billion yuan, a year-on-year decline of 10.66%, while net profit attributable to shareholders was 86.31 million yuan, an increase of 22.12% compared to the previous year [4]. - In Q1, revenue was 846.3 million yuan, down 15.28%, with a net loss of 16.06 million yuan. In Q2, revenue was 901.1 million yuan, down 5.84%, with a net profit of 102.4 million yuan, up 2.19% [5]. Government Subsidies Impact - The company received government subsidies totaling 269 million yuan in the first half of the year, which significantly boosted profits, accounting for 302% of net profit [6]. - The subsidies included 252 million yuan related to income and 16.9 million yuan related to assets, indicating a heavy reliance on government support for financial performance [6]. Profitability and Margin Analysis - The overall gross margin for the company was 5.23%, which, while an improvement, remains low compared to industry peers [7][8]. - The gross margin for the core product, tuna, fell sharply to -15.38%, a decline of 21.1% year-on-year, significantly impacting overall profitability [10]. Business Segment Performance - The fishing business was the only segment to show revenue growth, achieving 739 million yuan, up 14.25%, with a gross margin of 5.15% [10]. - The retail and processing trade segment saw a revenue decline of 43.24%, while the fishery service segment's revenue decreased by 2.94% [11]. Investment Projects and Future Outlook - The company has invested heavily in tuna-related projects, including a tuna research and processing center and the renovation of fishing vessels, with expected completion dates pushed to 2025 [12][13]. - The tuna research and processing center aims to enhance product value and market position, but the delayed project completion raises concerns about future profitability [12][13].

日 も 昨 198 and 央视 新闻 处暑已至 夏天的炎热逐渐褪去 凉爽的秋季即将来临 "四时俱可喜，最好新秋时。" 处暑时节 是渔业丰收的季节 鱼虾贝类发育日渐成熟 适合捕捞收获 沿海许多地区将举行开渔节 欢送渔民出海 "少年易老学难成，一寸光阴不可轻。" 天高云淡 气候宜人 处暑是收获的季节 也是读书的好时节 暑气褪尽 天地间像新晒的宣纸 素净、温润 等待新秋落下的第一笔 宣纸传统制作技艺 共108道工序 已有上千年历史 列入人类非物质文化遗产代表作名录 是展示中国水墨艺术意境与神韵的最佳载体 当处暑的风掠过 愿你手中有收获 心间留清凉 万事皆可期 本期福利：《人间好时节｜处暑》手机屏保，长按即可保存~ ...

Group 1 - The arrival of the "Chushu" season signifies the transition from summer to autumn, bringing cooler weather and a change in the landscape [1] - During this period, agricultural activities are in full swing, with local farmers in Jiangxi Province actively harvesting crops like "Xicao" [6] - The pepper harvest in Yuqing County, Guizhou Province, is also notable, with locals taking advantage of favorable weather to dry the abundant red peppers [8] Group 2 - The fishing industry experiences a peak during the "Chushu" season, with fishermen in Xiamen celebrating the opening of the fishing season, hoping for good fortune and a bountiful catch [11] - Coastal fishermen in Hainan Province are also seeing significant catches, with boats returning to port filled with fresh seafood, enhancing the local economy [14] - The natural beauty of the season attracts tourists, as seen in the Danyang Mountain Forest Park in Guangxi, where the scenery is described as dreamlike [13]

Core Viewpoint - The article highlights the development of deep-sea cage aquaculture in Danzhou, Hainan, focusing on the successful harvest of golden pomfret by Shennong Aquatic Products, a subsidiary of Shennong Seed Industry, and the strategic initiatives taken by the local government to promote marine fisheries [1][3][4]. Company Summary - Shennong Aquatic Products has successfully harvested its first batch of 120,000 pounds of golden pomfret, which were raised in deep-sea cages for nearly five months [3]. - The company has invested in a deep-sea cage aquaculture project in the Erman Bay, having released an initial batch of 4 million golden pomfret fry into the sea in April [3][4]. - The company employs an "order-based production" model, with plans to process the fish in Zhanjiang before distributing them to major supermarkets nationwide [4]. - Shennong Aquatic Products is enhancing the disease resistance and survival rates of golden pomfret through breeding programs in collaboration with institutions like the Chinese Academy of Sciences and Hainan University [5]. Industry Summary - The development of deep-sea cage aquaculture is a key direction for the transformation and structural adjustment of Hainan's fisheries [5]. - The local government has designated five deep-sea areas covering 40,800 hectares to promote deep-sea aquaculture, aiming to alleviate financial pressures on enterprises and support high-quality development of modern marine fisheries [5]. - The government is in discussions with Shennong Aquatic Products to expand the aquaculture scale to 10,000 acres, which is expected to enhance local fishermen's income [5].

Group 1 - The company intends to reappoint Zhongxinghua Accounting Firm for the 2025 audit work [1] - Zhongxinghua Accounting Firm was established in 1993 and has undergone several name changes and mergers, currently having 199 partners and 1,052 registered accountants [1][2] - The firm reported a securities business income of 332.2005 million yuan and total audit fees of 222.0886 million yuan [1] Group 2 - In the past three years, Zhongxinghua has faced one civil lawsuit related to its professional conduct and has received four administrative penalties [2] - The project partner, Liu Bing, has been involved in auditing listed companies since 2009, while the signing accountant, Zhang Yadi, became a registered accountant in 2025 [2][3] - The audit fees for financial reporting are set at 900,000 yuan, with an increase of 170,000 yuan compared to the previous period [3] Group 3 - The audit committee believes that Zhongxinghua adheres to independent auditing standards and possesses professional competence [3] - The board of directors and the supervisory board approved the reappointment of Zhongxinghua for the 2025 audit, pending shareholder approval [4]

Core Viewpoint - The article highlights the growing popularity and economic potential of the greenfin horse mackerel (马面鱼) in China, particularly in Guangdong's Nanao County, where a full industry chain for its cultivation and processing is being developed by Guangdong Yuhai Aquatic Products Company. Group 1: Company Overview - Guangdong Yuhai Aquatic Products Company is the first to establish a full industry chain base for greenfin horse mackerel in Nanao County, focusing on deep-sea cage farming and processing [12]. - The company has secured over 500 acres of farming area, including more than 300 acres of deep-sea cage farming rights since 2021 [12]. - The company aims to create a seamless supply chain from live fish transportation to cold chain storage and distribution, ensuring traceability from "ocean to table" [15]. Group 2: Farming and Production - The deep-water cage farming method used by the company allows for stable production, with a single cage generating a value of approximately 2 to 3 million yuan [3][10]. - The company has developed techniques to maintain fish health in warmer water temperatures, achieving successful cultivation despite challenges [5]. - The current market price for live greenfin horse mackerel is around 41 yuan per pound, with a production cost of 20 to 30 yuan per pound, ensuring a profit margin of about 10 yuan [8][18]. Group 3: Market Demand and Culinary Use - Greenfin horse mackerel is highly favored in various culinary contexts, particularly in hot pot dishes, due to its tender and flavorful meat [18]. - The fish's adaptability to different cooking methods has led to increased demand across regions, including Guangdong, Shandong, and southwestern areas of China [1]. - The company is working to enhance the value chain by establishing a modern fishing port and cold chain logistics center to maximize the market potential of greenfin horse mackerel [12][15].

世卫组织助理总干事杰里米·法勒在新闻公报中指出，热应激已对数十亿劳动者的健康和生计造成 损害，新指南提供了实用且基于实证的解决方案。 世界气象组织副秘书长科·巴雷特表示，职业性热应激已成为全球性社会挑战，正如近期欧洲热浪 所凸显的那样，该现象已不再局限于赤道附近国家。保护劳动者免受极端高温侵害不仅是健康领域的当 务之急，更是经济发展的必然要求。 新指南建议有关部门结合当地气候特征、特定工种及劳动者自身情况，量身定制防暑计划与行动指 南；重点关注中老年劳动者、慢性病患者及体能较弱人群等群体；开展应急救援人员、医务工作者、雇 主和劳动者的教育培训，提高他们对热应激症状的辨识与处置能力。 新华社日内瓦8月22日电（记者王露）世界卫生组织和世界气象组织22日联合发布新的报告和指 南，强调极端高温给全球劳工带来日益严重的健康挑战，为各国政府、雇主和卫生部门提供了明确可行 的方案，以减轻极端高温带来的伤害风险。 这份题为《气候变化与工作场所热应激》的报告和指南借鉴50年的研究成果和证据，强调劳工的健 康以及生产率会受到气温上升的严重影响。此前，世界气象组织报告说，2024年是有记录以来最热的一 年，白天气温超过40摄氏度 ...

Core Insights - The fishing sector experienced a decline of 1.13% on August 22, with Guolian Aquatic Products leading the drop [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Sector Performance - The following stocks in the fishing sector reported their closing prices and percentage changes: - Haodangjia (600467): Closed at 2.44, down 0.41% - Zhangzidao (002069): Closed at 4.38, down 0.90% - Zhongshui Fishery (000798): Closed at 8.34, down 0.95% - Dahu Co. (600257): Closed at 5.74, down 1.03% - Kaichuang International (600097): Closed at 11.40, down 1.38% - Guolian Aquatic Products (300094): Closed at 4.20, down 1.87% [1] Capital Flow Analysis - The fishing sector saw a net outflow of 56.03 million yuan from main funds, while retail investors contributed a net inflow of 38.08 million yuan [1] - The following table summarizes the capital flow for individual stocks: - Zhangzidao (002069): Main funds net inflow of 8.35 million yuan, retail net outflow of 1.74 million yuan - Haodangjia (600467): Main funds net outflow of 2.12 million yuan, retail net inflow of 2.17 million yuan - Dahu Co. (600257): Main funds net outflow of 4.14 million yuan, retail net outflow of 4.39 million yuan - Zhongshui Fishery (000798): Main funds net outflow of 4.50 million yuan, retail net inflow of 4.16 million yuan - Kaichuang International (600097): Main funds net outflow of 6.09 million yuan, retail net inflow of 7.73 million yuan - Guolian Aquatic Products (300094): Main funds net outflow of 47.53 million yuan, retail net inflow of 30.16 million yuan [2]

Core Viewpoint - The A-share market is experiencing a strong upward trend, with major indices reaching new highs not seen since August 2015, indicating a potential bullish market sentiment and increased investor interest in A-shares [1]. Market Performance - As of 13:31, the Shanghai Composite Index rose by 0.78% to 3800.53 points, the Shenzhen Component increased by 1.45% to 12092.66 points, and the ChiNext Index surged by 2.64% to 2663.89 points [1]. - The STAR 50 Index saw a significant increase of approximately 7% [1]. Sector Performance - Among the Shenwan secondary industry sectors, the semiconductor, glass fiber, communication equipment, components, and computer equipment sectors showed the highest gains [1]. - Conversely, the fisheries, airport, food processing, city commercial banks, and real estate services sectors experienced the largest declines [1]. Market Outlook - According to Dongxing Securities, the market is expected to target the 4000-point mark in the short term, reinforcing a narrative of a slow bull market and potentially activating off-market funds' interest in A-shares [1]. - In a longer-term perspective, there is confidence that the Chinese stock market will reach new heights [1].