Core Insights - Yiming Foods is committed to enhancing agricultural quality and efficiency through scientific research, focusing on dairy cattle genetic improvement and addressing key technical constraints in the dairy industry [1][2][3] - The company plans to increase the registered capital of its subsidiary, Zhejiang Zhongxing Animal Husbandry Technology Co., Ltd., from 30 million to 150 million yuan, with the introduction of the Zhejiang Rural Revitalization Investment Fund as a new shareholder [1][2] - The establishment of a key laboratory for dairy cattle genetic improvement and milk quality research aims to address the challenges faced in southern China's dairy breeding sector, particularly in adapting imported breeds to local conditions [3][8] Investment and Growth Strategy - The introduction of the Rural Revitalization Fund will provide significant resources for Zhongxing Technology to explore critical agricultural fields, particularly in dairy cattle breeding [1][2] - Yiming Foods has previously imported high-quality dairy cattle from Australia to establish a foundational breeding population, but faces challenges in adapting these breeds to the southern climate [2][3] - The company aims to develop a new breed of dairy cattle that can thrive in high-temperature and high-humidity environments, moving from reliance on imported breeds to self-innovation [3][8] Technological Advancements - The key laboratory established in collaboration with Zhejiang University and local government aims to innovate in dairy cattle breeding, focusing on traits such as heat tolerance, high reproduction rates, and longevity [3][8] - Yiming Foods has made significant progress in embryo production technology, increasing the usable embryo rate and achieving high success rates in embryo transfer [7][8] - The company is also investing in developing proprietary probiotic strains to reduce reliance on imported strains, enhancing product differentiation and innovation in the yogurt segment [11][12] Industry Positioning - The establishment of the laboratory and the focus on local breed development align with national industrial strategies, aiming to enhance the competitiveness of the southern dairy industry [8][11] - Yiming Foods is building a high-quality core breeding group to support the development of dairy cattle suited for southern China, with a target average milk yield of 13 tons per cow and a lifespan exceeding five lactations [8][11] - The company’s long-term research investments are beginning to yield results, positioning it to transition from a follower to a leader in the domestic dairy breeding industry [11][14]