Group 1 - The Ministry of Commerce announced an extension of the investigation period for safeguard measures on imported beef until November 26, 2025, due to the complexity and volume of the investigation [1] - The investigation was initiated on December 27, 2024, under the provisions of the Safeguard Measures Regulations of the People's Republic of China [1] - The Ministry emphasized the importance of maintaining a healthy and stable international trade environment through communication with all parties involved [1]

Group 1 - The stock price of Shennong Group (605296) closed at 32.28 yuan on August 6, 2025, with an increase of 1.35% and a turnover rate of 0.82% [1] - On August 6, the net inflow of main funds was 8.45 million yuan, accounting for 6.15% of the total transaction amount, while retail investors had a net outflow of 16.81 million yuan, representing 12.23% of the total transaction amount [1][3] - In July 2025, Shennong Group sold 174,700 pigs, generating a sales revenue of 327 million yuan, with an average selling price of 14.73 yuan/kg, which increased by 2.65% compared to June 2025 [1][3] Group 2 - The third extraordinary general meeting of shareholders will be held on August 14, 2025, to review four proposals, including the initiation of commodity futures and options hedging business [2] - The company plans to use its own funds for hedging related to pig and agricultural product futures, with a maximum risk exposure not exceeding 500 million yuan at any given time [2] - The meeting will also discuss the 2025 restricted stock incentive plan and its management measures to attract and retain talent [2]

Group 1 - The company reported a total of 593,900 pigs sold in July 2025, with a cumulative total of 4,428,600 pigs sold from January to July 2025 [1] - The sales revenue for July 2025 was 984 million yuan, with a cumulative revenue of 7.365 billion yuan for the first seven months of 2025 [1] - The average selling price of fattened pigs for the company’s controlled and affiliated companies was 14.43 yuan per kilogram in July 2025 [1] Group 2 - The sales volume decreased by 22.71% month-on-month but increased by 6.07% year-on-year in July 2025 [1] - The sales revenue decreased by 23.02% month-on-month but increased by 19.96% year-on-year in July 2025 [1] - The average weight of the pigs sold was 124.34 kilograms, with an average selling price of 14.39 yuan per kilogram [1] Group 3 - The data provided includes all pig sales from the company's controlled and affiliated breeding platforms and does not cover other business operations [1] - The reported figures are preliminary and unaudited, and there may be discrepancies with the data disclosed in regular reports [1]

| 号：2025-075 | | 证券代码：002714 | | | | 证券简称：牧原股份 | | | 公告编 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 债券代码：127045 | | | | | 债券简称：牧原转债 | | | | | | | | | | 牧原食品股份有限公司 | | | | | | | 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记 | | | | | | | | | | | 载、误导性陈述或重大遗漏。 | | | | | | | | | | | 牧原食品股份有限公司（以下简称"公司"）于近日收到公司股东秦英林先 | | | | | | | | | | | 生的通知，获悉秦英林先生将所持有本公司的部分股权办理了解除质押手续，具 | | | | | | | | | | | 体事项如下： | | | | | | | | | | | 一、 股东部分股权解除质押的基本情况 | | | | | | | | | | | 是否为控股股东 | | | | | | | | | | | | | ...

Investment Rating - The report maintains an "Outperform" rating for the agricultural sector [1][5][4]. Core Views - The report is optimistic about the reversal of the livestock cycle in 2025, with expectations of a simultaneous rise in domestic and international beef and milk prices [3][4]. - The pet consumption sector is identified as a growing industry that will benefit from demographic changes [3]. - The feed industry, particularly Haida Group, is expected to achieve excess returns due to the recovery in aquaculture [3]. - The report anticipates sustained profitability in the pig farming sector due to limited expansion intentions, with a focus on undervalued leading companies [3]. - The poultry sector is expected to see a long-term increase in consumption, with yellow chicken likely to benefit first from improved domestic demand [3]. Summary by Sections Livestock - Beef prices have started to rise, with the average price at 59.75 CNY/kg as of August 1, 2025, reflecting a 0.88% increase week-on-week and a 28.49% increase year-on-year [1][14]. - The pig market shows stable production capacity, with prices at 14.19 CNY/kg, up 0.78% week-on-week, and a forecast for continued price stability into 2025 [1][13]. Poultry - White chicken supply has slightly increased, with prices at 6.70 CNY/kg, up 0.6% week-on-week [1][14]. - Yellow chicken prices are stable, with potential benefits from domestic demand improvements [1][14]. Feed - Soybean meal prices are at 2998 CNY/ton, up 1.15% week-on-week, with a favorable supply-demand outlook [2][16]. - Corn prices are at 2401 CNY/ton, showing a slight decrease of 0.12% week-on-week but a 0.67% increase year-on-year [2][16]. Investment Recommendations - Recommended stocks include: - Livestock: YouRan Agriculture, Modern Agriculture, China Shengmu, Guangming Meat [3][4]. - Pets: Guibao Pet, Zhongchong Co., RuiPu Bio [3]. - Feed: Haida Group [3]. - Swine: Dekang Agriculture, Muyuan Foods, Huazhong Foods, Wens Foodstuffs, Bangji Technology, Shennong Group, New Five Feng, Juxing Agriculture, Tangrenshen, Tiankang Biological [3]. - Poultry: Lihua Co., Yisheng Co., Shengnong Development [3]. - Animal Health: Keqian Biological, Huisheng Biological [3]. - Planting Chain: Hainan Rubber, Qianyuan High-Tech, Fengle Seed Industry, Longping High-Tech [3].

北京商报讯（记者 郭秀娟 实习记者 王悦彤） 8月6日，神农集团披露2025年7月养殖业务主要经营数 据。在2025年7月，公司销售生猪17.47万头，同比下降11.99%。其中商品猪销售16.75万头，仔猪销售 0.00万头，销售收入3.27亿元。商品猪销售均价为14.73元/公斤，较6月上涨2.65%。1至7月累计销售生 猪171.42万头，同比增长32.79%。其中商品猪144.58万头，仔猪23.75万头，累计销售收入28.31亿元。 ...

北京商报讯（记者 郭秀娟 实习记者 王悦彤） 8月6日，牧原股份发布公告称，公司股东秦英林于8月5日 将其所持有的2300万股本公司股份解除质押，占公司总股本比例为0.42%，质权人为招商证券股份有限 公司。截至公告披露日，秦英林合计持有20.86亿股公司股份，累计质押0股；累计质押股份占公司总股 本的0.00%，占该股东持股数的0.00%。 ...

新京报贝壳财经讯 8月5日，牧原股份发布2025年7月份销售简报。公告显示，牧原股份7月份销售商品 猪635.5万头，同比变动13.02%（其中向全资子公司牧原肉食品有限公司及其子公司合计销售商品猪 237.7万头）；商品猪销售均价14.30元/公斤，同比下降21.86%；商品猪销售收入116.39亿元，同比下降 10.41%。 编辑 杨娟娟 ...

【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不 对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担 全部责任。邮箱：news_center@staff.hexun.com 格隆汇9月6日丨东瑞股份(001201.SZ)公布，2024年8月份，公司共销售生猪7.83万头，销售收入1.49亿 元，环比上升18.76%；商品猪销售均价21.72元/公斤，环比上升6.63%。其中向全资子公司河源市东瑞 肉类食品有限公司销售生猪0.31万头。 ...

智通财经APP讯，东瑞股份(001201.SZ)披露2025年7月份生猪销售简报，于2025年7月份，公司共销售生 猪12.02万头，销售收入1.70亿元，环比上升2.39%;商品猪销售均价16.18元/公斤，环比上升3.95%。其中 向全资子公司河源市东瑞肉类食品有限公司销售生猪0.10万头。 ...