Core Insights - The modern livestock industry is increasingly demanding diverse animal nutrition, leading to higher requirements for feed performance, which traditional standardized products can no longer meet [1] - Additive premix feed fills the market gap with flexible formulation design and precise nutritional supply, improving feed utilization, reducing farming costs, and enhancing animal growth performance and product quality [1] Industry Overview - Additive premix feed consists of two or more nutritional feed additives mixed with carriers or diluents, including compound premix feed, trace element premix feed, and vitamin premix feed [3] - The production of additive premix feed in China has experienced fluctuations, with production reaching 542.6 million tons in 2019, a decrease of 16.9% year-on-year, and recovering to 594.5 million tons in 2020, a growth of 9.6% [1][8] - In 2021, production increased to 663.1 million tons, a year-on-year growth of 11.54%, but fell to 652.2 million tons in 2022 due to various factors, including the pandemic [1][8] - In 2023, production rebounded to 709.1 million tons, an increase of 8.7% year-on-year, but is expected to decline to 695.1 million tons in 2024 due to adjustments in pig production capacity and reduced livestock inventory [1][8] Industry Policies - The industry has seen a series of supportive and regulatory policies aimed at promoting standardization and efficiency, such as the 2024 "Green Sword Protect Grain Safety" enforcement action focusing on illegal production and sales of feed additives [4][6] - The 2025 Feed Quality Safety Supervision Work Plan emphasizes the inspection of banned substances and illegal additives in various feed products, including premix feeds [4][6] Industry Chain - The upstream of the additive premix feed industry includes feed raw materials like soybeans, corn, and fish meal, while the midstream involves the production of various types of premix feeds [6] - The downstream application includes livestock farming sectors such as pig, poultry, and aquaculture [6] Market Dynamics - The additive premix feed market is characterized by a clear competitive structure, with leading companies like New Hope, Tongwei, and Da Bei Nong forming the first tier, while other companies like Haida Group and Zhengbang Technology represent the second tier [10][12] - The market is expected to consolidate further, with smaller companies facing challenges due to limited innovation and sales channels [10][12] Future Trends - The industry is moving towards precise product functionality and value enhancement, focusing on tailored formulations for different livestock species and growth stages [16] - Technological advancements will drive the integration of biotechnology and smart manufacturing, optimizing formulation structures and improving production processes [17] - A comprehensive service model will emerge, extending beyond product provision to include technical support and real-time monitoring for farmers [18]

Core Insights - The agricultural sector in China is experiencing growth in industrial feed production, with a total output of 30.36 million tons in September 2025, reflecting a month-on-month increase of 3.4% and a year-on-year increase of 5.0% [1] - Key feed products such as compound feed, concentrated feed, and additive premix feed have shown varying growth rates, with compound feed increasing by 5.1% year-on-year [1] Production Data - In the third quarter of 2025, the total industrial feed production reached 24.653 million tons, marking a year-on-year growth of 6.6% [1] - The production of compound feed, concentrated feed, and additive premix feed in the same period was 23.029 million tons, 0.954 million tons, and 0.536 million tons, respectively, with year-on-year growth rates of 6.8%, 0.2%, and 7.5% [1] Price Trends - The prices of major feed products have shown a downward trend year-on-year, with specific price changes for various types of concentrated feed and premix feed in September 2025 [3] - The average price per kilogram for different types of feed products from January to September 2025 indicates a cumulative year-on-year decrease, with concentrated feed prices showing a decline of 3.7% [3] Ingredient Usage - In the compound feed produced, corn accounted for 33.6% of the total usage, which is a decrease of 2.4 percentage points year-on-year [1] - Soybean meal accounted for 14.3% of the total usage in both compound and concentrated feeds [1]

Core Insights - The article reports on the national feed production situation in August 2025, highlighting a growth in industrial feed production and changes in feed prices [1] Feed Production Overview - In August 2025, the total industrial feed production reached 29.36 million tons, representing a month-on-month increase of 3.7% and a year-on-year increase of 3.8% [1] - The production of compound feed, concentrated feed, and additive premix feed saw year-on-year growth rates of 3.4%, 8.3%, and 7.9% respectively [1] Price Trends - The ex-factory prices of feed products showed a downward trend year-on-year, with compound feed and concentrated feed prices mainly increasing month-on-month, while the prices of additive premix feed experienced a slight decline [1] - Specific prices for concentrated feed in August 2025 were as follows: - Fattening pigs: 4.95 yuan/kg - Peak egg-laying hens: 3.58 yuan/kg - Broilers: 4.13 yuan/kg - 4% large pigs: 4.60 yuan/kg - 5% peak egg-laying hens: 4.50 yuan/kg - 5% broilers: 5.10 yuan/kg [3] - Month-on-month price changes for concentrated feed varied, with some categories showing slight increases while others experienced minor declines [3] Ingredient Usage - In the compound feed produced by feed enterprises, corn accounted for 32.9% of the total usage, while soybean meal made up 14.3% of both compound and concentrated feeds [1]

Core Insights - The China Feed Industry Association reported that in July 2025, the national industrial feed production reached 28.31 million tons, with a month-on-month increase of 2.3% and a year-on-year increase of 5.5% [1] - The production of compound feed, concentrated feed, and additive premix feed saw year-on-year growth rates of 5.4%, 2.3%, and 11.7% respectively [1] - The ex-factory prices of feed products have significantly decreased year-on-year, while the ex-factory price of compound feed for livestock and poultry showed a slight month-on-month increase, with concentrated feed and additive premix feed prices primarily declining [1] Production and Composition - In the compound feed produced by feed enterprises, the proportion of corn used is 33.1%, while the proportion of soybean meal in both compound and concentrated feed is 14.1% [1]

Core Points - The company held its 8th temporary meeting of the 9th Board of Directors on June 13, 2025, where several key resolutions were passed [1][2] Group 1: Project Approvals - The Board approved the transfer of multi-dimensional production capacity from Beijing Hualuo Feed Additive Plant, with an investment of 59.6241 million yuan to establish a feed additive plant in Linyi, Shandong Province [1] - The resolution received unanimous support with 7 votes in favor and no opposition or abstentions [1] Group 2: Capital Increase - The Board approved an increase in registered capital for its wholly-owned subsidiary, Zhongmu Hualuo Animal Husbandry Technology (Shandong) Co., Ltd., by 50 million yuan, raising its registered capital accordingly [2] - This decision was also unanimously supported with 7 votes in favor and no opposition or abstentions [2]

Core Insights - In April 2025, the national industrial feed production in China reached 27.53 million tons, showing a month-on-month increase of 4.2% and a year-on-year increase of 9.0% [1] Production Breakdown - The production of compound feed, concentrated feed, and additive premix feed increased year-on-year by 9.1%, 6.5%, and 9.7% respectively [1] Price Trends - The ex-factory prices of feed products have significantly decreased year-on-year, while the ex-factory prices of compound feed and concentrated feed showed slight month-on-month growth. In contrast, the ex-factory prices of additive premix feed primarily experienced a decline month-on-month [1]