Group 1: Utilities - Recommended stock: Su Yan Jing Shen (603299.SH) due to its stable cash flow from traditional salt and salt chemical businesses, and the potential growth from gas storage projects [3][4] - The company is expected to enter a performance release period with the first phase of the gas storage project nearing production [4] Group 2: Pharmaceuticals - Recommended stock: Ang Li Kang (002940.SZ) as the impact of centralized procurement is gradually clearing, and new products are expected to drive revenue growth [4] - The introduction of ALK-N001, a promising anti-tumor candidate, is anticipated to enhance the company's innovation capabilities [4] Group 3: Media - Recommended stock: Alibaba-W (09988.HK) with a focus on the stabilization of traditional e-commerce and the potential for growth in the instant retail sector [5] - Alibaba Cloud's leading position in the domestic market and continuous revenue growth are highlighted [5] Group 4: Electronics - Recommended stock: Zhong Wei Company (688012.SH) due to its robust order backlog and continuous revenue growth driven by new product launches [6] Group 5: Non-Banking Financials - Recommended stock: China Life (601628.SH) for its excellent asset-liability matching and early transformation in dividend insurance sales [8] - The company is expected to release significant solvency capacity following asset reclassification [8] Group 6: Automotive - Recommended stock: Li Auto (02015.HK) as the company is positioned to leverage its strategic foresight and adaptability in the evolving automotive landscape [9] - The i-series is expected to maintain strong sales momentum, with the first model projected to achieve over 5,000 monthly sales [9] Group 7: Transportation - Recommended stock: YTO Express (600233.SH) with a leading growth rate in business volume, benefiting from the "anti-involution" trend in the industry [10] Group 8: Agriculture - Recommended stock: De Kang Agriculture (02419.HK) as it is positioned at a pivotal point in the agricultural sector, leveraging technology and innovative models for growth [12] - The company's platform strategy is expected to extend into other agricultural segments, enhancing its market presence [12] Group 9: Metals and New Materials - Recommended stock: Luoyang Molybdenum (603993.SH) with a strong performance in the first quarter, exceeding expectations [14] Group 10: North Exchange - Recommended stock: Yuan Hang Precision (833914.BJ) as a leading player in the domestic nickel-based conductor materials sector, benefiting from stable demand across multiple industries [14][15]

Report Summary 1. Investment Rating No investment rating is provided in the report. 2. Core View The report suggests that the pig price will experience a period of volatile adjustment. The supply of pigs is expected to increase gradually until December, which will limit the upward movement of prices. However, the price difference between 150Kg pigs and standard pigs is expected to strengthen seasonally, which will support the price to some extent. If the farmers continue to reduce the weight of pigs or keep the weight stable, the pig price may adjust weakly. It is recommended to wait and see for now [4]. 3. Section Summaries Market Dynamics - On July 31, the number of registered pig futures warehouse receipts was 0. - The short - term spot price has limited room for further decline. Attention should be paid to whether the weight of pigs will continue to decrease. - The main contract (LH2509) reduced its position by 7,850 lots today, with a position of approximately 45,200 lots. The highest price was 14,180 yuan/ton, the lowest price was 14,065 yuan/ton, and the closing price was 14,075 yuan/ton [2]. Fundamental Analysis - From the perspective of the number of breeding sows, the supply of pigs is expected to increase monthly from March to December, but the increase is limited. According to the piglet data, the number of pig slaughterings will increase overall in the third and fourth quarters of 2025. The consumption in the second half of the year is better than that in the first half. - Historically, the price difference between fat and standard pigs may strengthen. - The short - side logic includes slow and difficult weight reduction in the breeding sector, continuous increase in subsequent slaughter volume, and limited demand support for pig prices as the third quarter is not the peak consumption season. The long - side logic includes the potential increase in frozen product inventory, strong resilience of the spot price, limited increase in subsequent slaughter volume, and the approaching of the peak consumption season in the third and fourth quarters [3]. Strategy Suggestions - The view is that the market will be in a state of volatile adjustment. - The core logic is that the pig slaughter volume may increase monthly until December, making it difficult for the pig price to rise significantly under sufficient supply. The price difference between 150Kg pigs and standard pigs has stabilized and rebounded, which will weaken the willingness of small - scale farmers to reduce weight and support the pig price. If the farmers continue to reduce the weight of pigs or keep the weight stable, the pig price may adjust weakly. It is recommended to wait and see for now as the 09 contract is almost at par with the spot price [4]. Market Overview - On July 31, the national average pig slaughter price was 14.09 yuan/kg, up 0.16 yuan/kg or 1.15% from the previous day. The average price in Henan was 14.21 yuan/kg, up 0.23 yuan/kg or 1.65%. - Among the futures contracts, the prices of most contracts decreased, except for the 09 contract which remained unchanged. The main basis in Henan increased by 230 yuan/ton to 135 yuan/ton, with a growth rate of 242.11% [6]. Key Data Tracking The report provides historical data on national pig slaughter prices, sample enterprise slaughter volumes, white - strip pork average prices, corn purchase prices, and futures contract closing prices in the past 180 days, as well as data on the basis of the main pig futures contract in Henan, the price difference between 09 - 11 contracts, and the price difference between 11 - 01 contracts [6][14].

Core Viewpoint - Thailand's Finance Minister announced the opening of U.S. pork imports, which will account for less than 1% of the country's consumption [1] Group 1 - The decision to allow U.S. pork imports is part of a broader strategy to diversify sources of meat supply in Thailand [1] - The Thai government aims to enhance food security and stabilize prices through this import policy [1] - The impact on local pork producers is expected to be minimal due to the small percentage of U.S. pork in the overall market [1]

Core Points - The company has approved the use of idle raised funds amounting to 140 million yuan for temporary working capital, ensuring that it does not affect the normal implementation of investment projects [1] - As of the announcement date, the company has fully returned the 140 million yuan of idle raised funds to the special account for raised funds [2] Summary by Sections - **Company Decision**: The company held meetings on August 8, 2024, where the board and supervisory committee approved the temporary use of idle raised funds not exceeding 140 million yuan for a period of up to 12 months [1] - **Return of Funds**: The company has completed the return of the entire amount of 140 million yuan to the designated account and has notified its independent financial advisor about this return [2]

Economic Growth - Côte d'Ivoire's GDP reached 11.95 trillion CFA francs (approximately 21 billion USD) in Q1 2025, reflecting a year-on-year growth of 8.5% [1] - The primary sector grew by 4.3%, contributing 0.6 percentage points to overall economic growth, with notable increases in fisheries, agricultural exports, agricultural services, and livestock [1] - The secondary sector experienced a growth of 7.5%, contributing 1.7 percentage points, particularly driven by significant growth in mining and oil and gas extraction [1] - The tertiary sector remained the main driver of economic growth, with a year-on-year increase of 7.7%, contributing 4.1 percentage points, with vibrant industries including finance and insurance, information and communication, trade, and repair services [1] Tax Revenue - Tax revenue in Côte d'Ivoire increased by 20.9% year-on-year in Q1 2025, indicating strong fiscal performance [1]

Group 1 - The core viewpoint of the news is the promotion of the regional public brand "Ruoergai·Original Selection" by Ruoergai County, which includes various local specialty foods such as fresh meat, dairy products, and snacks [1] - Ruoergai County is one of the top ten livestock counties in Sichuan Province and the largest producer of Tibetan sheep in the province, with grassland animal husbandry being a pillar industry for local economic development [1] - The county has five leading industries: cattle and sheep, Tibetan fragrant pigs, specialty grains and oils, authentic medicinal materials, and highland fruits and vegetables [1] Group 2 - The event featured various local specialties, including gift boxes of Tibetan sheep and yak meat, pure yak milk, and snacks made from highland barley, with tasting sessions for attendees [1] - A strategic cooperation agreement was signed between local government representatives and fresh e-commerce platforms to explore innovative models of "enterprise support for agriculture" [1] - The Director of the Information Center of the Ministry of Agriculture and Rural Affairs emphasized the importance of "enterprise support for agriculture" in enhancing rural specialty industries and expanding agricultural product consumption [2]

Group 1 - The company Xinwufeng announced that it has fully returned 140 million yuan of idle raised funds to the designated account for raised funds as of the date of the announcement [2] - The company has notified its independent financial advisor, China Merchants Securities Co., Ltd., and the lead advisor about the return of the raised funds [2]

智通财经APP讯，益生股份(002458.SZ)发布2025年半年度报告，报告期内，公司实现营业收入13.21亿 元，同比下降3.98%。实现归属于上市公司股东的净利润615.51万元，同比下降96.64%。实现归属于上 市公司股东的扣除非经常性损益的净利润336.74万元，同比下降98.16%。基本每股收益0.01元。拟向全 体股东每10股派发现金红利1.5元(含税)。 ...

每经AI快讯，7月31日，益生股份(002458.SZ)公告称，2025年上半年实现营业收入13.21亿元，同比下降 3.98%；实现归属于上市公司股东的净利润615.51万元，同比下降96.64%。公司拟每10股派发现金红利 1.5元（含税），不进行公积金转增股本。 ...

通过天眼查大数据分析，唐人神集团股份有限公司共对外投资了133家企业，参与招投标项目54次，知 识产权方面有商标信息286条，专利信息100条，此外企业还拥有行政许可29个。 来源：金融界 唐人神最新一期业绩显示，截至2025一季报，公司营业总收入59.73亿元、同比增长22.40%，归属净利 润7705.16万元，同比增长60.99%，扣非净利润7073.94万元，同比增长60.57%，流动比率1.106、速动比 率0.537、资产负债率64.73%。 天眼查商业履历信息显示，唐人神集团股份有限公司，成立于1992年，位于株洲市，是一家以从事畜牧 业为主的企业。企业注册资本143305.1393万人民币，实缴资本143305.1393万人民币。公司法定代表人 为陶业。 金融界消息 截至2025年7月31日收盘，唐人神（002567）报收于4.84元，下跌1.43%，换手率2.49%，成 交量35.62万手，成交金额1.73亿元。 资金流向方面，今日主力资金净流出2751.96万元，占比成交额15.92%。其中，超大单净流出1259.38万 元、占成交额7.28%，大单净流出1492.58万元、占成交额8.6 ...