Core Insights - The agricultural sector is experiencing mixed price trends for various livestock and feed products, with some prices increasing while others are declining [1][2]. Livestock Prices - The average price of piglets in China is 32.68 yuan/kg, down 1.7% week-on-week and down 25.7% year-on-year [1] - The national average price for pigs is 14.22 yuan/kg, a decrease of 0.6% week-on-week and 30.1% year-on-year [1] - The average price of pork is 24.81 yuan/kg, down 0.5% week-on-week and down 22.0% year-on-year [1] - The average price of beef is 70.41 yuan/kg, up 0.2% week-on-week and up 3.2% year-on-year [2] - The average price of lamb is 69.02 yuan/kg, up 0.1% week-on-week but down 1.7% year-on-year [2] Poultry Prices - The average price of eggs is 8.87 yuan/kg, up 0.2% week-on-week but down 22.8% year-on-year [1] - The average price of chicken is 22.45 yuan/kg, up 0.2% week-on-week and down 5.9% year-on-year [1] - The average price of broiler chicks is 3.47 yuan each, up 1.5% week-on-week but down 2.5% year-on-year [1] - The average price of layer chicks is 3.76 yuan each, unchanged week-on-week and down 2.3% year-on-year [1] Feed Prices - The average price of corn is 2.49 yuan/kg, down 0.4% week-on-week and down 1.6% year-on-year [2] - The average price of soybean meal is 3.31 yuan/kg, unchanged week-on-week and down 1.5% year-on-year [2] - The average price of fattening pig feed is 3.40 yuan/kg, up 0.3% week-on-week but down 2.3% year-on-year [2] - The average price of broiler feed is 3.51 yuan/kg, down 0.3% week-on-week and down 2.2% year-on-year [2] - The average price of layer feed is 3.23 yuan/kg, unchanged week-on-week and down 2.1% year-on-year [2]

Group 1 - The stock price of Minhe Holdings closed at 9.04 yuan on August 21, with a daily increase of 0.44% and a trading volume of 89,617 hands, amounting to 81 million yuan [1] - The company operates in the agriculture, animal husbandry, and fishery sector, focusing on breeding parent stock meat chickens, producing and selling commercial meat chicks, and processing and selling chicken products. In the first half of 2025, the livestock revenue accounted for 97.29% of total revenue [1] - In the announcement on August 21, the company reported an asset impairment provision of 59.87 million yuan for the first half of the year, which will reduce the net profit attributable to shareholders by 59.78 million yuan. The total operating revenue for the first half was 986 million yuan, a year-on-year decrease of 5.88%, and the net profit attributable to shareholders was a loss of 214 million yuan, which is a larger loss compared to the same period last year. However, the net cash flow from operating activities turned positive, reaching 54.60 million yuan [1] Group 2 - On August 21, the net outflow of main funds was 14.22 million yuan, with a cumulative net outflow of 16.29 million yuan over the past five days [2]