9月30日，荃银高科涨0.77%，成交额1.05亿元。两融数据显示，当日荃银高科获融资买入额1001.63万 元，融资偿还2338.92万元，融资净买入-1337.29万元。截至9月30日，荃银高科融资融券余额合计5.09 亿元。 融资方面，荃银高科当日融资买入1001.63万元。当前融资余额5.08亿元，占流通市值的5.85%，融资余 额低于近一年20%分位水平，处于低位。 分红方面，荃银高科A股上市后累计派现4.46亿元。近三年，累计派现2.10亿元。 机构持仓方面，截止2025年6月30日，荃银高科十大流通股东中，万家品质生活A（519195）位居第三 大流通股东，持股1741.35万股，相比上期减少231.26万股。银华内需精选混合(LOF)（161810）位居第 六大流通股东，持股900.00万股，持股数量较上期不变。万家臻选混合A（005094）位居第七大流通股 东，持股851.51万股，相比上期减少327.28万股。嘉实农业产业股票A（003634）位居第八大流通股 东，持股689.85万股，相比上期减少192.79万股。南方中证1000ETF（512100）位居第九大流通股东， 持股614.1 ...

作为农业的芯片、粮食生产的源头，近年来，我国种子行业市场规模整体呈现稳中有升趋势。中商产业 研究院发布数据显示，2024年中国种业市场规模达到1410.16亿元，同比增长3.11%，预计2025年中国种 业市场规模将达到1480.67亿元。 展望未来，国投丰乐表示，公司将积极履行中央企业服务国家粮食安全战略的责任，以科技创新为核心 驱动，大力推进种源核心技术攻关；同时，加强与核心生物技术企业、科研院所合作，加快转基因玉米 品种转育、品种审定和产业化推广工作，持续深化数字技术在育种、生产等环节的应用。 作为衡量种业企业竞争力的核心指标，国投丰乐在2022年8月1日至2025年7月31日，三个种业经营年度 表现较为优异。 具体来看，公司玉米种子销售收入分别增长25.68%、41.56%、26.46%，水稻种子销售收入分别增长 28.72%、12.21%、18.5%，小麦种子销售收入分别增长145.57%、38.91%、23.02%。 值得一提的是，2024年度公司种业板块制种面积、平均单产、总产量、收入均创历史新高，种业收入首 次突破10亿元大关。 国投丰乐表示，目前，公司已构建育种科研体系，不断完善、改进基础设 ...

国投丰乐最近发布的种业经营年度报告显示，公司种业步入良性发展轨道，商业化育种能力不断增强， 品种结构持续改善，种业发展实现逆势增长。近三个种业经营年度，公司玉米种子销售收入分别增长 25.68%、41.56%、26.46%，水稻种子销售收入分别增长28.72%、12.21%、18.5%，小麦种子销售收入分 别增长145.57%、38.91%、23.02%。2024年公司种业板块制种面积、平均单产、总产量、收入均创历史 新高，种业收入首次突破10亿元大关。玉米产业完成全国主要生态区域品种布局，玉米转基因品种铁 391K种植与市场表现优异，成为东北地区家喻户晓的玉米良种，并入选2025年国家农作物优良品种推 广目录，高品质抗逆优势大单品"丰乐520"顺利通过国家审定，抢占玉米黄金粮新赛道；水稻产业形成 以"祥两优""乐优"、籼粳交系列为代表的重点新品系，"中科发早粳"品种弥补双季早稻无粳稻的空白， 为主粮供应"端上第一碗饭"，"南陵早2号"作为特早熟早稻品种成为全国救灾备荒理想品种；小麦品 种"烟农1212"连续三年入选农业农村部主导品种，被农业农村部评为"成长型小麦品种"。 自2024年4月成为国投丰乐控股股东 ...

Group 1: Company Overview - Shaanxi Yiyang Agricultural Technology Co., Ltd. is a leading enterprise in the modern seed industry chain within the Yangling Demonstration Zone, focusing on the production and distribution of wheat seeds to various provinces [2][4] - The company has established a complete industrial chain, producing 300,000 kg of wheat seed and 20,000 kg of corn parent seeds annually, while collaborating with 17 enterprises to promote standardized planting across seven demonstration bases [4][5] Group 2: Industry Development - The Yangling Demonstration Zone is enhancing its agricultural innovation by focusing on five key industrial chains, including modern seed industry, biomedicine, and smart agriculture, while also promoting collaboration among upstream and downstream enterprises [2][5] - A total of 1 billion yuan has been allocated to the Dryland Seed Industry Development Fund to support the establishment of a national innovation base for dryland agriculture [5] Group 3: Technological Advancements - Shaanxi Haisefu Biological Engineering Co., Ltd. is utilizing AI technology to enhance the production of natural vanillin, significantly improving efficiency in selecting effective strains [9][10] - The company achieved a revenue of nearly 400 million yuan in 2024, marking a 17% increase year-on-year, with over 70% of its products exported to Europe and the United States [10]

证券代码：000713 证券简称：国投丰乐 公告编号：2025-043 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 重要提示：本报告所载的财务数据为公司财务部门初步核算数据， 未经审计，敬请广大投资者注意投资风险。 一、概述 按照《深圳证券交易所上市公司自律监管指引第3号——行业信息披 露（2025年修订）》要求，现将本公司2024—2025种业经营年度经营情 况进行报告。 根据生产经营实际情况，本公司种子经营以上一年的8月1日至次年 的7月31日作为一个经营年度。本次披露数据为公司2024年8月1日到2025 年7月31日种业经营情况，总营业收入为种子业务收入，收入、销售数量 所占比例分别为占种子总营业收入、种子总销售数量的比例。 三、营业收入排名前五的业务大类经营情况 国投丰乐种业股份有限公司 2024-2025 种业经营年度经营情况报告 二、总体经营情况 单位：万元、万公斤 | 项目 | 2024 年 8 月 -2025 年 7 月 | 1 日 31 日 | 2023 年 8 -2024 年 7 | 月 1 日 月 31 日 | 同比增减 | | - ...

Core Viewpoint - The Ministry of Agriculture and Rural Affairs has initiated a nationwide inspection of the autumn crop seed market, focusing on key crops such as wheat, rapeseed, and vegetables to ensure seed quality and regulate market order [1] Group 1: Inspection and Regulation - The Ministry will deploy five working groups to key seed usage areas including Henan, Hunan, and Jiangxi for on-site supervision and law enforcement [1] - The inspection aims to rigorously crack down on counterfeit seeds, trademark infringement, and unlicensed production and operation [1] - The initiative is designed to prevent substandard seeds from entering the market, thereby ensuring the safety of agricultural production and supporting increased yields of grain and oil crops [1]

Core Viewpoint - The financial performance and trading activities of Anhui Qianyuan High-Tech Seed Co., Ltd. indicate a mixed outlook, with a slight increase in revenue but a significant decline in net profit, alongside notable trading volumes in margin financing and securities lending [1][2][3]. Group 1: Financial Performance - For the first half of 2025, the company achieved operating revenue of 1.436 billion yuan, representing a year-on-year growth of 1.81% [2] - The net profit attributable to shareholders was -41.33 million yuan, a decrease of 85.85% compared to the previous year [2] - Cumulative cash dividends since the company's A-share listing amount to 446 million yuan, with 210 million yuan distributed over the past three years [3] Group 2: Trading Activities - On August 29, the company's stock price fell by 0.32%, with a trading volume of 309 million yuan [1] - Margin financing data shows that on the same day, the company had a net margin purchase of 4.43 million yuan, with total margin financing balance reaching 519 million yuan, accounting for 5.83% of the market capitalization [1] - In terms of securities lending, the company had a lending balance of 1.31 million yuan, with a lending volume of 139,700 shares, indicating a higher position compared to the past year [1]

Investment Rating - The report maintains an "Accumulate" rating for the company [5][4] Core Views - The company's performance in H1 2025 was impacted by low grain prices, with revenue of 369 million RMB (down 9.41% YoY) and a net profit of 35.11 million RMB (down 33.42% YoY) [1][2] - The decline in performance is attributed to poor performance in the corn seed sector, with supply-demand imbalance leading to lower seed prices and intense competition [1][2] - The company is focusing on high-quality development through the establishment of a research and development center and an integrated breeding system [3] Summary by Sections Financial Performance - In H1 2025, the company reported revenue of 369 million RMB, with a net profit of 35.11 million RMB and a non-recurring net profit of -4.32 million RMB [1] - Q2 2025 revenue was 207 million RMB (up 17.97% YoY, up 27.08% QoQ), but net profit was 10.51 million RMB (down 53.48% YoY, down 57.25% QoQ) [1] - The corn seed segment saw revenue decline of 12.04% YoY, while wheat seed revenue increased by 118.01% YoY [2] Research and Development - The company has invested over 90% of the planned investment in its R&D center, with a total investment of 120 million RMB in the Qingdao Biotechnology R&D Center [3] - R&D expenses in H1 2025 were 42.27 million RMB, an increase of 12.23% YoY, with an R&D expense ratio of 11.44% [3] Profit Forecast and Valuation - The report forecasts net profits of 160 million RMB, 230 million RMB, and 280 million RMB for 2025, 2026, and 2027 respectively [4][8] - The target price is set at 12.06 RMB, based on a PE ratio of 67x for 2025 [4]

Core Viewpoint - The financial performance and trading activity of Anhui Qianyuan High-Tech Seed Co., Ltd. (荃银高科) indicate a mixed outlook, with a slight increase in revenue but a significant decline in net profit, alongside notable trading volumes in margin financing and securities lending [1][2][3]. Financial Performance - For the first half of 2025, Qianyuan achieved operating revenue of 1.436 billion yuan, representing a year-on-year growth of 1.81% [2] - The net profit attributable to shareholders was -41.33 million yuan, a decrease of 85.85% compared to the previous year [2] Trading Activity - On August 27, Qianyuan's stock price increased by 1.45%, with a trading volume of 615 million yuan [1] - The margin financing data for August 27 showed a financing purchase amount of 62.37 million yuan and a net financing purchase of 3.18 million yuan, with a total margin balance of 490 million yuan [1] - The margin balance accounted for 5.27% of the circulating market value, which is below the 30th percentile level over the past year, indicating a low level of margin financing [1] Shareholder Information - As of August 15, Qianyuan had 50,800 shareholders, an increase of 1.60% from the previous period, with an average of 17,631 circulating shares per shareholder, a decrease of 1.57% [2] - The company has distributed a total of 446 million yuan in dividends since its A-share listing, with 210 million yuan distributed in the last three years [3] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders included notable funds, with changes in holdings observed among several key institutional investors [3]

Core Viewpoint - Longping High-Tech (隆平高科) reported a revenue of 2.166 billion yuan for the first half of 2025, with a non-net profit loss of 157 million yuan, marking a year-on-year reduction in losses by 39.13% [1] Group 1: Business Performance - The company achieved stable revenue of 779 million yuan from rice seeds, with a net profit increase of 4% year-on-year [2] - The corn business generated nearly 1 billion yuan in revenue, with the Brazilian corn segment significantly reducing losses by 59.13% [3] - The Brazilian corn business reported revenue of 868 million yuan, a year-on-year increase of 2.11% (14% when adjusted for last year's exchange rate) [3] Group 2: Research and Development - Longping High-Tech invested 280 million yuan in R&D, achieving breakthroughs in breeding technologies for rice, corn, and wheat [4] - The company made significant progress in rice parent creation, with 47.8% of trial combinations being dual-resistant recovery lines [4] - The company registered 11 new corn varieties and 5 sorghum varieties in Brazil, expanding planting areas due to their disease resistance and high yield characteristics [4] Group 3: Management and Financial Health - The company completed a private placement raising 1.2 billion yuan from its major shareholder, significantly reducing interest-bearing liabilities by 726 million yuan [7] - Operating cash flow increased by 52.66% year-on-year, and the asset-liability ratio decreased by 6.46% since the beginning of the year [7] - Financial expenses decreased by approximately 17.33% due to reduced interest-bearing liabilities and favorable loan rates [7] Group 4: Future Outlook - The company plans to capitalize on opportunities in low-cadmium rice varieties and rapid growth of key new varieties to strengthen its leading position in the rice industry [8] - The domestic corn business is expected to enhance its competitive advantage due to the opportunities in the bio-breeding industry [8] - The Brazilian corn segment is anticipated to benefit from the growth of the ethanol industry and diversified demand for Chinese agricultural products, leading to increased seed and grain sales and prices [8]