Group 1 - The company has approved a profit distribution plan, proposing a cash dividend of 1.76 yuan per 10 shares, based on a total of 343,968,305 shares [1] - There were no changes in the controlling shareholder or actual controller during the reporting period [2] - The company has not issued any preferred shares during the reporting period [2] Group 2 - The company held meetings to approve the revision of its Articles of Association to comply with regulatory requirements [2]

Core Insights - The 7th China Grain Trade Conference will be held in Shenyang on July 12, with over 4,000 enterprises participating and more than 50,000 industry personnel attending for product promotion, business negotiations, and grain procurement [1] - The conference aims to enhance the modernization of grain circulation, strengthen the supply capacity of high-quality grain, and optimize the development environment of the grain industry, focusing on building a national cooperation platform for production and sales [1][2] - This year's conference adopts a "1+2" model, featuring a main venue in Shenyang and sub-venues in Panjin and Chaoyang, covering an exhibition area of over 100,000 square meters, making it the largest in history [1] Industry Developments - Liaoning Province has implemented a "Five-Optimal Linkage" project to promote the upgrade of the entire grain and oil supply chain [2] - The province is focused on creating a public brand for high-quality grain and oil products, enhancing market recognition and brand influence [2] - The conference is organized by the China Council for the Promotion of International Trade Grain Industry Branch and the National Grain and Material Reserve Bureau, with local government support [2]

Group 1: CPI Trends - The CPI is expected to show a slight year-on-year recovery in June, with estimates ranging from 0% to 0.01% year-on-year growth, while month-on-month changes are projected at -0.1% [2][4] - Food prices are experiencing seasonal declines, with fruits down 2.3%, pork down 2.3%, and eggs down 6.4% month-on-month, although vegetable prices have increased by 1.3% due to seasonal factors [2][3] - Non-food prices are anticipated to improve marginally, driven by rising oil prices and a recovery in service consumption [3][4] Group 2: PPI Trends - The PPI is expected to remain low, with year-on-year estimates ranging from -2.78% to -3.4%, indicating a narrowing decline compared to May [4][5] - Internationally, crude oil prices surged by 9.1% month-on-month, contributing to a rise in the CRB index, while other product price increases remain limited [4][5] - Domestic industrial product prices showed a slight recovery, with the South China Industrial Products Index rising by 0.8% month-on-month in June [4][5]

Core Viewpoint - The company plans to engage in new daily related transactions with its subsidiary, involving sales of products and goods to Hunan Xinglong Agricultural Development Co., Ltd., with an estimated amount not exceeding RMB 7.5 million (excluding tax) before December 31, 2025 [1][7]. Summary by Sections Daily Related Transactions Basic Information - The board of directors approved the proposal for new daily related transactions, with the relevant directors abstaining from voting. The independent directors also supported the transaction [1][7]. - The transaction does not affect the independence of the company and its subsidiaries, and the company's main business or income does not rely on these transactions [1][8]. Related Party Introduction and Relationship - Hunan Agricultural Development Investment Group Co., Ltd. is the indirect controlling shareholder of the company, while Hunan Xinglong Agricultural Development Co., Ltd. is a subsidiary under this group [6][7]. Main Content and Pricing Principles of the Transactions - The subsidiary plans to sell products and goods to Hunan Xinglong Agricultural Development Co., Ltd. with a total estimated amount not exceeding RMB 7.5 million (excluding tax) before December 31, 2025 [7][8]. - The pricing will follow fair, just, open, and reasonable principles, adhering to national pricing where applicable, or market prices otherwise [7][8]. Purpose of the Related Transactions and Impact on the Company - The new daily related transactions aim to leverage the synergy with related parties, expanding the sales channels for the company's grain and oil products, thereby enhancing brand influence and market sales [8]. - The expected transactions will be executed based on market principles and will not harm the interests of the company or its shareholders, particularly minority shareholders [8].