据悉，2025年度师市21个示范项目共带动743户1490名职工增收，且每个项目均纳入周边相对困难的职 工进行帮扶，实现"实施一个项目、带动一片增收、惠及一方职工"的示范效应。 据悉，职工自主创业示范项目贷款贴息期限为1年，旨在充分发挥项目的示范带动和帮扶作用，培养一 批懂技术、善经营、会管理的职工自主创业示范户、致富带头人，助力乡村振兴，帮助困难职工多元增 收、解困脱困。师市总工会按照一年期贷款利率4.5%核算贷款贴息资金，贷款利率低于4.5%的，按照 实际贷款利率给予贴息；实际贷款利率（以贷款合同为准）高于4.5%的，按照4.5%给予贴息。 2025年，十三师新星市共确定扶持21个职工自主创业示范项目，涵盖种植、养殖、农机等多个领域。同 时，十三师新星市总工会积极向上级申报，将21个项目全部纳入兵团总工会支持范围，争取贴息资金 116.3万元，较2024年同比增长78.94%。 （来源：工人日报） 本报讯（记者吴铎思 通讯员陈文韬 鱼英）"工会贷款贴息是在我们最需要帮助时伸出的有力援手，是驱 动项目升级的关键。"近日，在新疆生产建设兵团第十三师新星市2025年职工自主创业示范项目贷款贴 息资金发放仪式现场 ...

中新网内蒙古新闻1月6日电 （李爱平 姚瑞雪）低收入群体增收，是鄂尔多斯准格尔旗推进乡村振兴、 实现共同富裕的关键抓手。《准格尔旗农民增收行动实施意见》明确提出"八个一批"综合帮扶模式， 以"一产重塑"为主线，深化"二产带动一产、工业反哺农业"，全力构建农民收入持续增长机制，让农民 生活更加富足、获得感愈发坚实。 纳日松镇立足工矿重镇实际，迅速响应、精准施策，出台《纳日松镇促进农民增收工作行动方案》，依 托镇属聚合实业公司，联动19个村社与驻地煤炭企业，针对不同群体实施"一类一策、一人一法"，走出 了一条差异化、精细化的帮扶之路。以产业造血、就业赋能、保障兜底为三大支撑，在复垦土地上播种 希望，在家门口搭建增收平台，让低收入群体在政策落地中收获实实在在的幸福，"钱袋子"越来越鼓， 共同富裕的步伐在煤海大地愈行愈稳。 新年伊始，纳日松镇处处洋溢着低收入群众的欢声笑语。二道柳村74岁的张云女手捧5100元兜底保障 金，眉眼含笑。无劳动能力的她患有脑梗和冠心病，这笔钱让她能过个暖心年；同村46岁的刘治平重返 交通道路养护员岗位，月工资3600元，为全家带来稳定支撑；柳塔村55岁的弓平卖出两头猪收入12000 元，栏 ...

Agriculture Industry - In 2026, the pig and beef cattle breeding sectors are expected to reach a cyclical turning point, with companies that have comprehensive production, sales, and research capabilities likely to succeed in the competitive pet market [1][2] - The planting sector shows significant growth potential in specialty crops, warranting attention [1] - The white chicken supply-demand balance is expected to take time to restore, while yellow chicken demand may increase due to promotional activities [2] - The long breeding cycle of beef cattle and supply-side contraction are anticipated to drive price increases starting in 2025 [2] - The feed sales volume is expected to grow, with leading companies increasing market concentration [3] Military Industry - Guorui Technology is a key supplier of radar equipment and systems in China, benefiting from the advancement of national defense informationization and the expansion of civil radar and intelligent transportation demands [5][7] - The company is expected to see steady growth in revenue and profits due to its diversified business and increased R&D investment [5][7] - The industrial software and smart rail transit sectors are emerging as important growth areas for the company [7][8] Radar Equipment - Guorui Technology's radar business is projected to maintain steady growth, supported by increasing global defense budgets and advancements in civil applications [7] - The company is focusing on developing industrial software and smart manufacturing, which are expected to contribute significantly to its revenue [7] Pet Industry - The pet market is experiencing robust growth, with pet owners showing a strong willingness to spend [3] - Companies with comprehensive capabilities in production, sales, and research are rare and likely to outperform in the competitive landscape [3] Planting Industry - The importance of food security is rising, with grain prices expected to stabilize and increase [3] - There is a growing demand for plant extraction products driven by health trends [3] Investment Banking and Brokerage Industry - The derivative business of brokerages has seen rapid growth, with the nominal principal of the OTC derivative business increasing from 346.7 billion to 20.868 trillion from 2018 to 2022 [28][29] - The development of the derivative business is influenced by changes in customer demand and regulatory policies [28] - The future growth of the derivative business is expected to be steady, with a focus on high-quality leading brokerages [29]

每周 一 景 ：上海浦东陆家嘴 点击右上角菜单，收听朗读版 【农业】 周期破晓见曦，成长擎画新篇—— 农林牧渔展望 2026 行业报告 生猪养殖：政策、周期双驱动，产能逻辑催化。 1）价格：2026H1预计猪价延续低迷，行业延续低利润。2）产能：产能政策和周期调节，产能去化持续。3）负债降低，成本下降。关注成本改善、具备成 长性的生猪养殖企业。 禽养殖：白鸡供需静待修复，黄鸡需求或提升。 1）白鸡产业链价格陷入深度低迷，供需回归平衡尚需时间。2）黄鸡价格或将小幅修复，关注中华土鸡推广活动对黄鸡消费的带动作用。 牛养殖：养殖周期长，供给侧收缩推动价格上涨。 1）肉牛养殖周期长，我国肉牛养殖格局分散，散户行为影响大。2）2022-2024年的价格低位推动去化，2025年起出栏量环比下降，价格有望持续景气。 养殖后周期：饲料销量有望增长，龙头集中度提升。动保关注新品进展。 1）2026年养殖存栏量仍然较高，行业景气度持续向上，其中2026年上半年企业饲料销量增速预期高于下半年。2）动保需求受养殖低利润影响，2026年动 保景气度或承压，关注新品（如非洲猪瘟疫苗、宠物疫苗）进展。 种植：粮价有望稳中向上，自主可控，关 ...

Investment Rating - The report recommends focusing on the cyclical turning points in the pig and beef farming sectors, highlighting companies like Muyuan Foods and WH Group as potential investments. The pet industry shows clear growth potential, with companies that integrate production, sales, and research expected to succeed, such as Zhongchong Co., Guibao Pet, and Petty Co. The planting sector also has significant growth potential, with recommendations for companies like Morning Light Bio and Noposion [11]. Core Insights - The pig farming sector is expected to face continued low prices in the first half of 2026, driven by both policy and cyclical factors, with a focus on cost improvement and growth potential in pig farming enterprises [2][15]. - The poultry sector is experiencing a recovery phase, with white chicken prices remaining low and yellow chicken demand potentially increasing due to promotional activities [3][37]. - The beef farming sector is characterized by a long production cycle, with supply-side contractions likely to drive prices upward, particularly from 2025 onwards [4][46]. - The feed and animal health sectors are expected to see growth in sales, with a focus on the competitive landscape and the impact of low profits on animal health demand [5][63]. - The planting sector is projected to see stable grain prices, driven by domestic control and innovation, with a focus on specialty crops and plant extracts [6][69]. Summary by Sections Pig Farming - Prices are expected to remain low in the first half of 2026, with a gradual increase in supply due to rising breeding sow inventories [15]. - Capacity policies and cyclical adjustments are leading to a continued reduction in production capacity, with a focus on cost reduction and debt management among pig farming companies [23][27]. - Companies like Muyuan Foods are highlighted for their cost improvements, with expectations of further reductions in production costs [29]. Poultry Farming - The white chicken industry is in a deep price slump, with recovery expected to take time, while yellow chicken prices may see slight recovery due to promotional efforts [32][37]. - Leading companies are improving their operational efficiencies to cope with low prices, which may enhance their performance when prices recover [33]. Beef Farming - The long production cycle and fragmented market structure of beef farming in China are significant factors, with supply reductions expected to lead to price increases starting in 2025 [41][46]. - The beef supply is projected to decrease in the latter half of 2025, with expectations of continued price increases through 2027 [47]. Feed and Animal Health - The feed sector is expected to see a recovery in sales, with high inventory levels in the livestock sector supporting growth [52]. - The animal health sector may face pressure due to low profits in the livestock sector, but there are opportunities for breakthroughs in key products [63][65]. Planting - Grain prices are expected to stabilize and rise, with a focus on domestic production and innovation in seed varieties [69][75]. - The planting sector is seeing a shift towards high-quality, innovative seed varieties, with companies like Kangnong Seed showing strong growth potential [87].

1）价格：2026H1预计猪价延续低迷，行业延续低利润。2）产能：产能政策和周期调节，产能去化持续。3）负债降低，成本下降。关注成本改善、具备成 长性的生猪养殖企业。 禽养殖：白鸡供需静待修复，黄鸡需求或提升。 1）白鸡产业链价格陷入深度低迷，供需回归平衡尚需时间。2）黄鸡价格或将小幅修复，关注中华土鸡推广活动对黄鸡消费的带动作用。 牛养殖：养殖周期长，供给侧收缩推动价格上涨。 报告导读： 2026年，生猪和肉牛养殖有望迎来周期拐点。宠物赛道成长性明确，产销研 三环节俱全具备的公司在卷流量竞争中有望获胜。种植赛道特色标的成长性显著，值得关 注。 生猪养殖：政策、周期双驱动，产能逻辑催化。 宠物：成长明确，国产崛起，产销研三环节俱全具备强竞争力。 1）宠物市场蓬勃发展，宠物主消费力仍强，且为宠物付费的意愿提升，宠物赛道成长性明确。2）2025年行业陷入卷流量做大收入规模困境，宠物品牌在营 销费用投放方面加大力度，影响行业公司短期利润率。3）产销研三环节俱全的公司稀缺，此类公司有望在行业竞争中获得胜利，关注自主品牌增速和价格提 升情况。 风险提示： 气温气候大幅波动的风险；农产品价格大幅波动的风险；养殖疫情和农产 ...

双节消费亮点前瞻 20251231 摘要 茅台策略调整：2026 年茅台将保持投放总量稳定，减少高附加值产品 投入，增加飞天茅台供应，旨在挖掘大众市场需求，稳定价格底部，此 举对中长期发展有利。 安琪酵母受益于糖蜜采购成本下降和国内餐饮链改善，叠加其出海优势， 预计 2026 年利润弹性良好，有望跑赢板块。 伊利股份预计 2026 年二三季度奶价迎来拐点，通过产品创新和品牌高 端化实现高质量增长，婴配粉业务保持快速增长，低温业务盈利能力改 善，估值中枢有望修复至 18-20 倍。 李宁公司通过有效的库存管理（库销比 4-5 个月），增加细分垂类门店， 产品创新（超泵胶囊科技跑鞋）和加大营销力度（签约中国奥委会）， 有望实现收入恢复增长，预计 2026 年利润 27 亿元。 两轮车行业龙头雅迪、爱玛估值处于低位，安全边际较高。新国标执行 力度存在不确定性，春季动销数据是判断行业拐点的关键。 家电补贴政策续期，总金额 2,500 亿人民币，AI 眼镜被纳入补贴范围， 汽车报废或置换更新补贴方式改变，利好相关领域。预计 2025 年国内 智能眼镜出货量达 450 万台，同比增长 78%。 生猪养殖行业能繁母猪产能持 ...

生猪产能去化开启，迎 来左侧布局时机 农林牧渔团队 证券分析师：周莎 SAC NO:S1120519110005 目录 01 生猪养殖：左侧布局，静待反转 1 02 种植：粮价渐回升，景气有望修复 03 风险提示 2025年12月31日 请仔细阅读在本报告尾部的重要法律声明 证券研究报告 01 生猪养殖：左侧布局，静待反转 2 1.1 旺季不旺，2025Q4猪价为近10年最低，产能调减为主旋律 图2 能繁母猪存栏量变化 图1 2022-2025年月度猪价走势对比（元/公斤） 0 5 10 15 20 25 30 1月 2月 3月 4月 5月 6月 7月 8月 9月 10月 11月 12月 2022 2023 2024 2025 3,900 3,950 4,000 4,050 4,100 中国能繁母猪存栏量 万头 资料来源：Wind，华西证券研究所 3 资料来源：Wind，华西证券研究所 1.3 政策引导，被动去产能，未来看高质量发展 据猪易通数据，2025Q1/Q2/Q3/Q4（截止12.21）全国生猪价格分别为15.06/14.53/13.88/11.72元/公斤，猪价逐季下降， 同比分别+4.27%/-1 ...

2025 年 12 月 30 日 农林牧渔 元旦备货叠加腌腊需求增加，短期内生 价格端：本周生猪均价 11.50 元/kg，周环比-0.26%，两周环比 +1.02%；仔猪价格 307 元/头，周环比+0.33%，两周环比+0.33%。根 据 iFinD 数据，本周猪肉批发价格 17.46 元/kg，周环比+0.05%。 供给端：本周生猪日均屠宰量为 23.70 万头，周环比变动+3.50%。 周观点：元旦备货叠加腌腊需求增加，短期内生猪价格或震荡偏强。 根据涌益咨询显示，本周全国生猪出栏均价先跌后涨，从本周北方多 地行情变化趋势来看，随着周后期价格的拉升，二育进场情绪放缓， 造成市场供应压力增强，从而拖累短期价格走弱。从短期供需端节奏 推演来看，下周正值元旦备货，且部分区域腌腊、灌肠仍有增量空间， 或支撑屠宰量有一定提升空间；同时正值月末年末，企业年度盘点在 即，或造成短期供给量级缺失。短期内价格或震荡偏强。 家禽养殖：阶段性供给受限，白羽肉鸡价格创年内新高 周观点：据我的钢铁网显示，本周白羽肉鸡市场整体呈上行态势，养 殖端利润较好，但种蛋交易以消耗陈蛋为主，孵化企业上孵情绪不高。 鸡苗价格相对坚挺，环比上 ...

淄博市高青县，地处北纬37度的黄金纬度线，孕育出15件国家地理标志产品，黑牛、葡萄、肉鸭等特色 产业蓬勃生长。高青农商银行作为农村金融主力军，积极深耕本土，将信贷活水精准灌注产业根系，见 证着黄河明珠从"物产丰饶"到"产业兴旺"的蝶变。 "40万只到60万只的跨越，全靠150万元'鲁担惠农贷'救急！"高青鑫旺养殖负责人指着穿梭的饲料运输 车说道。作为肉鸭养殖"链主"企业，其上游对接苗料采购、下游联动农户养殖，高青农商银行精准注入 资金后，产业链上下游瞬间激活，带动更多农户加入增收行列。 在木李镇的葡萄大棚里，圆梦葡萄种植专业合作社的紫玉葡萄挂满枝头。从1999年的3000元启动贷款， 到如今30万元"信e贷"随借随还，该行服务始终与产业成长同频。针对大棚种植"用款急"特点，该行推 行动态驻村机制，联合农资公司推出团购优惠，让棚膜采购成本直降15%，目前全县大棚种植户授信总 额已达7000万元。 从黄河大米的晶莹饱满到国井白酒的醇厚窖香，从肉鸭养殖的规模化发展到葡萄种植的科技赋能，高青 农商银行的信贷资金始终沿着产业链精准流动，让"论斤卖"变"论克卖"的价值升级故事不断上演。 初心如磐，金融助农绘新卷 截至11 ...