Core Viewpoint - Zhongshui Fishery experienced a trading halt today, with a total turnover rate of 9.89% and a transaction amount of 487 million yuan, reflecting a price drop of 10.34% [2] Trading Activity - The stock was listed on the Dragon and Tiger List due to a daily price deviation of -10.34%, with a net selling amount of 69.56 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 154 million yuan, with a buying amount of 42.09 million yuan and a selling amount of 112 million yuan, resulting in a net selling of 69.56 million yuan [2] - The largest buying brokerage was GF Securities Co., Ltd. with a purchase amount of 13.45 million yuan, while the largest selling brokerage was Dongfang Securities Co., Ltd. with a selling amount of 27.15 million yuan [2] Fund Flow - The stock saw a net outflow of 74.69 million yuan in main funds today, with a significant outflow of 80.39 million yuan from large orders, while small orders saw a net inflow of 5.70 million yuan [2] - Over the past five days, the main funds have experienced a net outflow of 337 million yuan [2]

Core Viewpoint - The article discusses the tax benefits available to companies engaged in poultry and livestock farming under the "Company + Farmer" operating model, highlighting the exemption from value-added tax (VAT) and corporate income tax for eligible agricultural activities [4][6]. Tax Exemption Conditions - Companies must adopt the "Company + Farmer" model for poultry and livestock farming to qualify for VAT exemption [5]. - The livestock must be listed in the agricultural products tax exemption notification by the Ministry of Finance and the State Administration of Taxation [5]. Policy Basis - The tax exemptions are grounded in several regulations, including the Provisional Regulations on Value-Added Tax and related notices from the Ministry of Finance and the State Administration of Taxation [6]. Corporate Income Tax Benefits - Companies using the "Company + Farmer" model in agricultural production can enjoy corporate income tax exemptions for various activities, including: - Cultivation of vegetables, grains, tubers, oilseeds, legumes, cotton, hemp, sugar crops, fruits, and nuts - Breeding of livestock and poultry - Cultivation of medicinal herbs and forestry [6][7]. Reduced Corporate Income Tax Rates - Certain activities, such as the cultivation of flowers, tea, and other beverage crops, as well as marine and inland aquaculture, are subject to a reduced corporate income tax rate [7].

Core Viewpoint - Zhongshui Fisheries (000798) experienced a significant stock price drop, reaching the daily limit down after a period of rapid price increases, indicating potential volatility in the water product sector [1][3]. Company Performance - Zhongshui Fisheries is a central state-owned enterprise with its main business covering deep-sea fishing, seafood processing and trade, and marine fishery services [3]. - For the first three quarters of the year, the company reported total operating revenue of 2.967 billion yuan, a year-on-year decline of 8.67%, while net profit attributable to shareholders was 53 million yuan, a year-on-year increase of 230.08% [3]. - The company recorded a net loss of 33 million yuan in the third quarter, marking a shift from profit to loss compared to the second quarter [3]. - As of the end of the third quarter, the company's net assets were 410 million yuan, a year-on-year decline of 16.41%, continuing a downward trend for three consecutive years [3]. Industry Comparison - In comparison to peers in the industry, Zhongshui Fisheries has relatively weak profitability, with a sales gross margin of 5.11%, ranking second to last among listed fisheries companies [4]. - The company's debt level is high, with a debt-to-asset ratio of 71.69%, ranking second among listed fisheries companies [4]. - As of the end of the third quarter, the total liabilities of the company reached 4.216 billion yuan [4].

连板股方面，国晟科技13天9板，实达集团5连板，特发信息、新华都4连板，ST中珠3连板，长光华 芯、天普股份等2连板，*ST松发、大洋电机等涨停。 11月26日午间，A股半日下来共有66只涨停股、4只跌停股。 流感板块走强，粤万年青、华人健康20CM 涨停封板，人民同泰、北大医药等数只个股涨停封板。半导体板块活跃，明微电子20CM涨停封板，博 通集成涨停。 中水渔业连续2日跌停，*ST东易、*ST亚振跌停。 ...

格隆汇11月25日丨中水渔业(000798.SZ)公布，第九届董事会第十二次会议，审议通过了《关于选举公 司第九届董事会董事长的议案》，选举叶少华先生为公司第九届董事会董事长，任期自本次董事会审议 通过之日起至第九届董事会任期届满时止。根据《公司章程》的有关规定，叶少华先生自当选为公司董 事长之日起，为公司法定代表人。公司将按照有关规定办理法定代表人工商变更登记等事项。 ...

市场震荡拉升，创业板指涨近2%，此前一度涨超3%。盘面上，市场热点快速轮动，全市场4300只个股 上涨，95只个股涨停。截至收盘，沪指涨0.87%，深成指涨1.53%，创业板指涨1.77%。 中际旭创成交额居首，为211亿元。其后是蓝色光标、新易盛、阳光电源、工业富联，成交额分别为150 亿元、143亿元、135亿元、129亿元。 从板块来看，AI应用概念再度爆发，榕基软件7天6板，实达集团4连板。 下跌方面，养殖板块震荡调整，獐子岛、中水渔业跌停。 军工概念多股走弱，江龙船艇跌近10%。 沪深两市成交额合计1.81万亿元，较上一交易日放量约843.74亿元。其中，沪市成交额7227.89亿元，深 市成交额1.09万亿元。 算力硬件概念延续强势，特发信息3连板，长飞光纤、汇绿生态涨停。 福建板块快速拉升，福建高速、中国武夷等多股涨停。 抗流感概念表现活跃，海南海药、特一药业、北大医药、金迪克涨停。 ...

【收评：创业板指震荡反弹涨近2% 全市场近百股涨停】智通财经11月25日电，市场震荡拉升，创业板 指涨近2%，此前一度涨超3%。沪深两市成交额1.81万亿，较上一个交易日放量844亿。盘面上，市场热 点快速轮动，全市场4300只个股上涨，95只个股涨停。从板块来看，AI应用概念再度爆发，榕基软件7 天6板，实达集团4连板。算力硬件概念延续强势，特发信息3连板，长飞光纤、汇绿生态涨停。福建板 块快速拉升，福建高速、中国武夷等多股涨停。抗流感概念表现活跃，海南海药、特一药业、北大医 药、金迪克涨停。下跌方面，养殖板块震荡调整，獐子岛、中水渔业跌停。军工概念多股走弱，江龙船 艇跌近10%。板块方面，游戏、AI应用、CPO、贵金属等板块涨幅居前，军工装备、养殖等板块跌幅居 前。截至收盘，沪指涨0.87%，深成指涨1.53%，创业板指涨1.77%。 转自：智通财经 ...

今日A股市场震荡拉升，创业板指涨近2%，此前一度涨超3%。沪深两市成交额1.81万亿，较上一个交易日放量844亿。 盘面上，市场热点快速轮动， 全市场4300只个股上涨，95只个股涨停。 从板块来看， AI应用概念再度爆发 ，榕基软件7天6板，实达集团4连板。算 力硬件概念延续强势，特发信息3连板，长飞光纤、汇绿生态涨停。福建板块快速拉升，福建高速、中国武夷等多股涨停。抗流感概念表现活跃，海 南海药、特一药业、北大医药、金迪克涨停。下跌方面，养殖板块震荡调整，獐子岛、中水渔业跌停。军工概念多股走弱，江龙船艇跌近10%。 上证指数 创业板指 深证成指 -3870.02 -12777.31 -2980.93 +33.26 +0.87% +192.23 +1.53% +51.89 +1.77% 市场概况 2913 939 858 249 160 119 95 80 96 25 4 10 5 小于 大于 涨停 +4% -2% -4% -6% -8% 跌停 +8% +6% +2% 0% +8% -8% 993家 上涨 4300家 持平 160家 下跌 跌停 涨停 95家 停牌 15家 5家 两市成交额:1.81万亿 市 ...

Core Viewpoint - The article highlights the significant role of China Water (中水公司) in the development of Guinea-Bissau's fisheries and the improvement of local livelihoods, emphasizing its long-term commitment and contributions to the sector [1][2]. Group 1: Partnership and Contributions - For over 40 years, China Water has been a key and stable partner in Guinea-Bissau's fisheries, supplying over 4,000 tons of fish to the local market in 2025, which is crucial for food security [2]. - China Water operates 19 owned fishing vessels, ensuring market supply and has invested in the construction of fish processing and cold chain facilities at Bandim Port, creating over 500 jobs and training many skilled workers in fish processing [2]. - The company employs over 200 local Guinea-Bissau nationals in its maritime fleet, demonstrating its commitment to local integration and community benefits [2]. Group 2: Environmental and Regulatory Engagement - China Water actively participates in marine ecological protection, cooperating with the Guinea-Bissau government on marine rest periods and providing logistical support for law enforcement, which has garnered high recognition from the government [2]. - The article positions China Water as a mirror of Sino-Guinea-Bissau fisheries cooperation and a successful example of South-South cooperation, yielding tangible benefits for the governments, enterprises, and people of both countries [2].

来源：上海证券报·中国证券网 公告显示，截至11月24日，中水渔业滚动市盈率85.29倍，市净率为14.83倍，公司当前的市盈率、市净 率与同行业平均水平存在较大差异。公司目前生产经营活动正常，不存在应披露未披露的信息。 上证报中国证券网讯（记者 何昕怡）11月25日，中水渔业盘中跳水跌停，截至午间收盘，该股报14.99 元/股，跌幅为9.7%。此前，中水渔业已连续7个交易日涨停。 11月24日晚间，中水渔业发布股价严重异动暨风险提示公告称，公司股票于2025年11月14日至11月24日 连续7个交易日收盘价涨幅偏离值已累计超过100%，根据深圳证券交易所股票交易规则的相关规定，属 于股票交易严重异常波动情形。 中水渔业表示，公司近期股票波动严重异常，可能存在非理性交易行为，交易风险较高，存在股价大幅 上涨后回落的风险。公司郑重提醒广大投资者，应当切实提高风险意识，防范概念炒作，谨慎决策，注 意投资风险。 ...