（来源：工人日报） 城镇污水处理厂既是重要的治污设施，也是水污染物排放的重点单位。新标准根据城镇污水处理厂出水 水质存在波动的客观规律，增设化学需氧量、氨氮、总氮、总磷4项指标瞬时值；根据国内外监测规范 以及我国实际情况，将pH、色度、粪大肠菌群数3项指标限值由日均值调整为瞬时值；针对出水不同排 放去向，制定粪大肠菌群数差别化管控要求；完善超标判定相关规定。 为解决食品加工制造业、屠宰及肉类加工工业以及酒类制造业现行污染物排放标准存在特征污染物管控 不全面、间接排放管控要求落后于现实需要以及单位产品基准排水量规定较为粗放等问题，制修订三项 标准，完善特征污染物管控项目，优化间接排放管控要求，增加排污单位与污水集中处理设施运营单位 协商约定水污染物排放浓度限值规定，优化单位产品基准排水量。 本报讯（记者周怿）近日，生态环境部与市场监管总局联合发布《城镇污水处理厂污染物排放标准》修 改单及《食品加工制造业水污染物排放标准》《屠宰及肉类加工工业水污染物排放标准》《酒类制造业 水污染物排放标准》等4项污染物排放标准。 ...

中新社北京1月7日电 (记者阮煜琳)中国生态环境部7日消息，生态环境部与国家市场监督管理总局近日 联合发布食品加工制造、屠宰及肉类加工、酒类制造三项国家水污染物排放标准，加强上述行业排放管 控，提升环境风险防控水平。 生态环境部与国家市场监督管理总局近日联合发布《食品加工制造业水污染物排放标准》(GB46817— 2025)(以下简称《食品标准》)、《屠宰及肉类加工工业水污染物排放标准》(GB13457—2025)(以下简称 《屠宰标准》)、《酒类制造业水污染物排放标准》(GB19821—2025)(以下简称《酒类标准》)。 （文章来源：中国新闻网） 食品加工制造业、屠宰及肉类加工工业以及酒类制造业均是关系国计民生的重要基础行业。随着水环境 管理要求的提升，三个行业执行现行标准存在的问题日益突出。部分行业基准排水量缺失或粗放，间接 排放管控要求滞后于现实需要。 生态环境部水生态环境司有关负责人表示，标准针对废水排放量较大的子行业，精准设置单位产品基准 排水量，实现差异化管控，推动行业污染治理精细化发展。《酒类标准》规定了8项管控项目，其中针 对啤酒制造增加总氮、色度两项控制项目，黄酒、葡萄酒以及其他酒制造增加 ...

据悉，这是食品行业首次发布"食品工业重点企业500家"，是为引导我国食品企业立足新发展阶段，全 面贯彻新发展理念，把握产业环境变化和行业发展趋势，推动食品工业高质量发展。从2025年开始，协 会将每年开展食品工业重点企业500家分析研究工作。通过对500家重点企业的深入分析研究，总结这些 企业自身成长壮大的经验及其与区域经济、行业发展中的作用，引导我国食品工业企业持续做强做优做 大，加快建设世界一流企业。同时，该研究也为国内外各界提供中国食品工业重点企业发展的相关数据 与研究信息。在各地方食品协会和有关企业的大力支持下，以2024年企业营业收入为入围标准，通过企 业自愿申报，产生了"2025中国食品工业重点企业500家"。 (大众新闻) 12月25日，"2025全国食品工业科技进步工作会议暨2025中国食品产业发展研究报告发布会"在京召开， 中国食品工业协会牵头组织编写的《2025中国食品产业发展报告》发布，并同期首度发布了"2025中国 食品工业重点企业500家名录"。 其中，古贝春集团有限公司、山东百龙创园（605016）生物科技股份有限公司、保龄宝（002286）生物 股份（600201）有限公司等3家 ...

Group 1 - The core point of the article is that Huadong Co., Ltd. (SZ 002840) held its 26th meeting of the fifth board of directors on December 22, 2025, to discuss the election of audit committee members and other related documents [1] - For the first half of 2025, Huadong Co., Ltd.'s revenue composition was as follows: slaughtering and meat processing industry accounted for 97.59%, other industries accounted for 1.56%, poultry farming accounted for 0.68%, and feed industry accounted for 0.17% [1] - As of the report date, Huadong Co., Ltd. had a market capitalization of 7.8 billion yuan [1] Group 2 - The article highlights a significant increase in sales for the new energy heavy truck sector, with November sales experiencing a year-on-year growth of 178% [1] - The demand for new energy heavy trucks is so high that customers are directly visiting factories to expedite orders, indicating a rare market situation [1]

Group 1 - The core point of the article is that Huaton Co., Ltd. (SZ 002840) held its 24th meeting of the 5th board of directors on November 7, 2025, to review proposals including changes to certain accounting estimates [1] - For the first half of 2025, Huaton's revenue composition was as follows: slaughtering and meat processing accounted for 97.59%, other industries 1.56%, poultry farming 0.68%, and feed industry 0.17% [1] - As of the report date, Huaton's market capitalization was 9.1 billion yuan [1]

Investment Rating - The report indicates a stable outlook for the food and beverage industry, with a focus on potential recovery driven by policy support and consumer demand [1][43]. Core Insights - The food and beverage industry is experiencing weak demand due to insufficient consumer confidence, but overall operations remain stable aided by policies to expand domestic demand and promote consumption [1][3]. - The report highlights a trend of structural optimization and increased concentration in the liquor sector, while the meat processing industry shows improvement in profitability for leading companies [1][11]. - The dairy sector is facing a downturn, but high-end products like pasteurized milk are seeing growth, and the overall consumption of dairy products is expected to rise with increasing income and health awareness [1][19]. - The snack food industry is performing well due to product diversification and channel development, while the soft drink sector faces limited growth potential despite a large market size [1][27][32]. Summary by Sections 1. Industry Overview - The food and beverage industry is a crucial pillar of the national economy, closely linked to agriculture and consumer spending [3]. - The industry is characterized by low entry barriers and intense competition, with demand closely tied to disposable income levels [3]. 2. Analysis of Sub-sectors A. Liquor Industry - The liquor industry is seeing a decline in total demand, with a significant drop in production and revenue growth for major companies [4][6]. - The number of large liquor enterprises has decreased from 1593 in 2017 to 887 in 2025, indicating increased market concentration [6][8]. - Revenue for major liquor companies was reported at 796.38 billion yuan in 2024, with a growth rate of 5.3% [6]. B. Meat Processing Industry - The meat processing sector is stable, with leading companies enhancing brand building and deep processing capabilities [11][12]. - In 2024, the total meat production reached 96.63 million tons, with pork accounting for 60% of the total [12]. - The industry is gradually moving towards scale and intensive development, benefiting larger companies with capital and brand advantages [11][17]. C. Dairy Industry - The dairy sector is experiencing a decline in sales and production, with a 3.6% drop in production in 2024 [20][23]. - High-end pasteurized milk is growing, but the overall market remains dominated by ambient milk [19][24]. - The competition is characterized by a few strong players, with the potential for growth as consumer health awareness increases [19][25]. D. Snack Food Industry - The snack food market is projected to grow to 933 billion yuan in 2024, with a year-on-year increase of 4.6% [27][28]. - The industry is benefiting from product upgrades and a focus on health trends, with a diverse range of products [29][30]. - Companies with strong brand influence and multi-channel strategies are expected to capture more market share [31]. E. Soft Drink Industry - The soft drink market is large but faces limited growth opportunities, with a concentration ratio exceeding 60% among the top five companies [32][36]. - The total production of soft drinks increased by 7.5% in 2024, reaching 188 million tons [32][34]. - Consumer preferences are shifting towards healthier options, driving innovation among leading brands [35][36]. 3. Credit Analysis of Issuers - The report identifies 27 issuers in the food and beverage sector, with a total bond balance of 133.58 billion yuan [37]. - The average credit rating distribution shows 8 issuers rated AAA, 7 rated AA+, and 8 rated AA [37]. 4. Policy and Outlook - The food and beverage industry is expected to benefit from government policies aimed at boosting consumption and stabilizing demand [43][44]. - The market is likely to see a bifurcation with high-end products catering to upgraded consumer needs and affordable options for the mass market [45][46].

Investment Rating - The report assigns a neutral investment rating for the company, indicating that the stock is expected to perform within a range of -10% to 10% relative to the market index over the next six months [12][13]. Core Insights - The company is experiencing short-term pressure on performance, but cost reduction and structural optimization are expected to drive long-term resilience [1]. - The company reported a revenue of 60.88 billion yuan for the first three quarters of 2025, a year-on-year decrease of 6.13%, while the net profit attributable to the parent company was 0.71 billion yuan, an increase of 32.93% [7]. - The company aims to reduce breeding costs to below 14 yuan per kilogram by the end of the year, with a target of 13 yuan per kilogram [7]. - The slaughtering segment is showing steady growth, contributing stable profits, with a national expansion strategy in place [7]. Financial Summary - Revenue projections for the company are as follows: 9,092 million yuan in 2024, 8,687 million yuan in 2025 (a decrease of 4.46%), 9,543 million yuan in 2026 (an increase of 9.86%), and 12,753 million yuan in 2027 (an increase of 33.64%) [2][9]. - The net profit attributable to the parent company is projected to be 73 million yuan in 2024, 77 million yuan in 2025, 318 million yuan in 2026, and 551 million yuan in 2027, reflecting significant growth rates [2][9]. - Earnings per share (EPS) are expected to be 0.12 yuan in 2024, 0.10 yuan in 2025, 0.40 yuan in 2026, and 0.68 yuan in 2027 [2][9]. Business Segments - The slaughtering and meat processing business is projected to see revenue growth of 0% in 2025, 5% in 2026, and 35% in 2027, with a price decrease of 5% in 2025 followed by a 5% increase in 2026 [8][9]. - The livestock breeding segment is expected to maintain stable development, with revenue projected to be 234.46 million yuan in 2024, increasing gradually to 271.42 million yuan by 2027 [9]. - Other business segments are also expected to show stable growth, with revenue increasing from 173.06 million yuan in 2024 to 230.34 million yuan in 2027 [9].

Group 1 - The core point of the article is that Huaton Co., Ltd. (SZ 002840) held its 23rd meeting of the 5th board of directors on October 27, 2025, where it reviewed the proposal for appointing the head of the internal audit institution [1] - For the first half of 2025, Huaton's revenue composition was as follows: slaughtering and meat processing industry accounted for 97.59%, other industries accounted for 1.56%, poultry farming accounted for 0.68%, and feed industry accounted for 0.17% [1] - As of the report date, Huaton's market capitalization was 8.8 billion yuan [1]

Group 1 - The core viewpoint of the news is that Zhejiang Huatong Meat Products Co., Ltd. has seen a stock price increase of 5.25%, reaching 11.62 CNY per share, with a trading volume of 292 million CNY and a turnover rate of 4.10%, resulting in a total market capitalization of 9.355 billion CNY [1] - The company was established on August 8, 2001, and went public on January 10, 2017. Its main business activities include feed processing, poultry farming, slaughtering and processing, and deep processing of meat products [1] - The revenue composition of the company is as follows: slaughtering and meat processing accounts for 97.59%, other industries 1.56%, poultry farming 0.68%, and feed industry 0.17% [1] Group 2 - Among the top ten circulating shareholders of Huatong, a fund under Southern Fund ranks as a significant shareholder. The Southern CSI 1000 ETF (512100) entered the top ten circulating shareholders in the second quarter, holding 2.971 million shares, which is 0.6% of the circulating shares [2] - The Southern CSI 1000 ETF (512100) was established on September 29, 2016, with a latest scale of 64.953 billion CNY. Year-to-date, it has achieved a return of 27.2%, ranking 1652 out of 4222 in its category; over the past year, it has returned 63.58%, ranking 1166 out of 3781; and since inception, it has returned 12.57% [2] Group 3 - The fund manager of the Southern CSI 1000 ETF (512100) is Cui Lei, who has been in the position for 6 years and 301 days. The total asset scale of the fund is 94.976 billion CNY, with the best fund return during the tenure being 141.17% and the worst being -15.93% [3]

Group 1 - The company primarily sources its pigs through direct procurement, supplemented by supplies from traders [2] - The company has established direct cooperation with large-scale breeding enterprises and partnerships with farmers for pig farming [2] - The procurement structure will be dynamically optimized based on market conditions and customer demands [2]