Group 1: Company Performance - The company achieved a feed sales volume of approximately 5.95 million tons in Q1, representing a year-on-year growth of about 25% [2] - Cumulative feed sales volume has exceeded 2 million tons so far this year [2] Group 2: Competitive Advantages - The company leverages R&D-driven product strength, a comprehensive industry chain advantage (feed + seed + animal health), and a robust service system to maintain competitiveness in both domestic and overseas markets [3] - The company plans to accelerate the expansion of its overseas feed business, targeting a sales volume of 7.2 million tons by 2030 [5] Group 3: Market Insights - Prices for most special fish species have increased year-on-year, with some reaching historical highs; the overall profitability of common freshwater fish has stabilized after recovering from a loss cycle [4] - The domestic feed industry is experiencing intense competition, shifting from single-dimensional product competition to multi-dimensional competition involving seeds, animal health, product strength, and service capabilities [7] Group 4: Future Strategies - The company is focusing on the development of its factory-based shrimp farming business, which is progressing steadily and enhancing professional capabilities [6] - The company is adapting to the trend of decreasing smallholder participation in pig farming and is actively adjusting its customer structure [7] Group 5: Financial Overview - In 2024, the company's seed revenue is projected to reach 1.4 billion yuan, primarily from South American white shrimp seeds [5]

Core Viewpoint - The article highlights the efficient transportation of live fish and shrimp fry from Yangzhou Taizhou International Airport (Yangtai Airport) across China, emphasizing the airport's special measures to ensure timely delivery and high survival rates of aquatic products during peak seasons [1][2][4]. Group 1: Transportation Efficiency - Yangtai Airport has implemented a "green channel" for the rapid transport of fish fry, providing priority booking and loading services to minimize transportation time [2][4]. - The airport's special measures have reduced the transportation time for fish fry to just 4 hours, which is nearly 60% faster than traditional methods [3][4]. - The airport's "fresh and fast" service allows for cargo retrieval within 40 minutes of landing, enhancing the overall efficiency of the logistics process [6]. Group 2: Special Measures for Aquatic Products - The airport employs oxygen-rich sealed packaging and ice bottles to maintain low temperatures during transport, ensuring high survival rates for aquatic products [4][5]. - Strict packaging quality control measures are in place to prevent damage during handling, with immediate replacements for any damaged packaging [5]. - The airport has developed contingency plans to address concerns from aquaculture farmers regarding packaging damage and delays, ensuring compliance with aviation regulations [5]. Group 3: Market Demand and Product Types - The primary aquatic products transported include high-value species such as South American white shrimp fry, grouper fry, and bass fry, with significant market demand noted [4]. - On May 3, the airport facilitated the shipment of approximately 20.1 tons of shrimp fry, and on May 4, there were 10 outbound flights with a total weight of about 17 tons of fish fry [4].