1月16日，富平县市场监督管理局深入年货节暨嘉年华购物活动现场开展监督检查。 检查中，执法人员分线推进、精准施策。针对食品流通商户，执法人员聚焦资质与产品准入，逐一核查经营资质是否完备，细致检查预包装食品标签标 识，确认生产日期、保质期、生产厂家等信息是否清晰规范；同时检查食品储存条件，查看储存环境的温度、湿度是否符合要求，是否存在不同品类食品 混放、交叉污染等风险隐患。 监督检查期间，执法人员针对食品安全管理相关事项，对活动主办方开展专项约谈。约谈中，执法人员通报了检查中发现的食品安全隐患，明确要求主办 方切实履行主体责任，严格落实摊位准入审核、食材溯源管理、日常现场巡查监管等制度，加强对食品经营户的资质核验与合规指导，及时整改卫生清 洁、储存条件等方面存在的问题。主办方当场表态，将立即开展全面自查自纠，健全食品安全管控机制，全力保障群众节日饮食安全。 此次检查与约谈进一步压实了经营户与主办方的双重责任，为群众营造了安全、放心的节日消费环境。 针对餐饮摊位，重点核查资质合规性，查验食品经营许可证及从业人员健康证明是否齐全有效；紧盯加工操作规范性，检查食材清洗切配生熟分开、食品 留样制度落实等情况；严格把关卫 ...

■肖伟 2025年的生猪市场寒冬，正推动行业格局重塑，政策引导与市场力量共同倒逼产能加速去化。业内普遍 预测，2026年中期猪价有望迎来拐点，行业将进入新一轮景气周期。 首先，全产业链布局是穿越周期的基础。"饲料—养殖—肉品"的全产业链模式，能够有效平滑各环节的 周期波动，饲料业务的稳定现金流可以为养殖业务的低谷期提供支撑，而肉品业务则能够提升产品附加 值，增强盈利能力。这种全链条协同的优势，让养殖企业在行业波动中始终保持稳健。 在这样的背景下，唐人神的"玩学舍之道"与转型实践，为行业头部企业如何穿越周期提供了启示。 再次，差异化竞争策略是突破同质化困局的关键抓手。头部企业可通过多维布局构建差异化优势，开辟 新的增长空间。在产品端，形成"大众产品提质+高端产品突围"的双线布局，既能依托全产业链优势保 障普通饲料、生猪产品的稳定性与性价比，又可重点打造中高端生鲜品牌，精准对接中高端消费需求。 在市场端，头部企业可主动打破区域局限启动全国化布局，同时通过"销地产"模式布局生产基地。在服 务端，头部企业可搭建专业技术服务团队，形成"产品+服务"双轮驱动的竞争模式，有效提升客户黏 性。 最后，战略定力与创新转型是持续 ...

新京报贝壳财经讯(记者阎侠)"预计2025年饲料销量超650万吨、生猪出栏超500万头、肉品收入突破16 亿元。"唐人神（002567）董事长陶一山在最近一次券商调研活动中如是表示。 12月11日，新京报贝壳财经记者自唐人神发布的投资者关系活动记录表获悉，公司近期组织了特定对象 调研活动。据陶一山介绍，唐人神从饲料起步逐步布局生猪养殖，构建了"饲料—养殖—肉品"全产业链 的基本格局，公司饲料业务占公司营业收入的比重仍有62%左右，盈利能力相对稳定。近些年来，公司 加持生猪养殖业务，以低成本养猪为中心，持续降低养殖成本，与饲料业务和肉品业务形成良性互动。 业绩层面，唐人神今年前三季度和第三季度均亏损。今年上半年，唐人神的肥猪销售价格同比下降0.34 元/公斤，影响公司利润约1亿元，造成公司利润同比下降。唐人神第三季度亏损的主要原因系第三季度 生猪价格较低，公司第三季度生猪出栏中外购仔猪占比较大，外购仔猪成本均价在500元/头以上，造成 养猪业务亏损增加；同时，公司预计后期生猪价格较低，基于谨慎性原则，公司计提了1.6亿元的存货 跌价准备。 ...

Core Viewpoint - The company, Tangrenshen, is actively integrating artificial intelligence (AI) technologies into its operations across feed, pig farming, and meat processing sectors to enhance production efficiency and reduce costs [1] Financial Overview - As of June 30, 2025, the company's asset-liability ratio is 64.5% [1] - The company's cash and cash equivalents amount to approximately 2.4 billion yuan [1] AI Application in Business - The company has implemented AI applications in various business segments: - In the feed sector, smart measurement has been introduced in feed silos and warehouses [1] - In the livestock sector, AI is used for intelligent health inspections and biosecurity measures [1] - In the meat processing sector, AI technology is applied for intelligent foreign object detection [1] - The company aims to continuously monitor the application of AI in the agricultural and animal husbandry industry to enhance competitiveness [1]

Group 1 - The company, Tangrenshen (002567.SZ), has established partnerships with several well-known national retailers, including brands like Pang Dong Lai, Metro, Little Elephant Supermarket, and Lai Yi Fen [1] - The company also maintains a stable supply of meat products to national chain restaurants such as Haidilao, Guangshunxing, and Weila Xiaohotpot [1]

Core Viewpoint - The company Tangrenshen (002567.SZ) has established partnerships with several well-known national retailers and stable meat supply relationships with major chain restaurants in China [1] Group 1: Retail Partnerships - The company has formed collaborations with notable national retailers such as Pang Dong Lai, Metro, Xiao Xiang Supermarket, and Lai Yi Fen [1] Group 2: Restaurant Supply Relationships - The company maintains a stable meat supply for national chain restaurant brands including Hai Di Lao, Guang Shun Xing, and Wei La Xiao Huo Guo [1]

Core Viewpoint - In the first half of 2025, the company reported a revenue of 12.468 billion yuan, marking a year-on-year increase of 15.05%, but also recorded a net loss of 60 million yuan, a shift from profit to loss [1] Group 1: Financial Performance - The company achieved a revenue of 12.468 billion yuan in the first half of 2025, representing a year-on-year growth of 15.05% [1] - The net loss for the period was 60 million yuan, indicating a transition from profit to loss compared to the previous year [1] Group 2: Operational Metrics - The company reported a total of 2.5936 million pigs sold during the first half of 2025, which is a year-on-year increase of 37.75% [1] - The number of fat pigs sold was 2.4661 million, accounting for 95.08% of total sales [1] - The company’s feed sales, both domestic and international, reached 3.2256 million tons, reflecting a year-on-year growth of 12% [1] Group 3: Meat Business - The meat business generated a revenue of 696 million yuan during the reporting period [1]

Core Insights - The success of Pang Donglai supermarket has drawn significant attention in the retail industry, particularly due to its unique employee-centric business model and exceptional customer service [1][2][5] - Pang Donglai's founder, Yu Donglai, made a groundbreaking decision in 1999 to distribute half of the company's annual profits, amounting to 17 million yuan, directly to employees, which has been sustained for thirty years [1][4] - The supermarket has become a "paradise" for both employees and customers, offering high salaries, extended vacations, and a wide range of fresh, quality products [1][2] Employee-Centric Model - Employees at Pang Donglai enjoy substantial benefits, with cleaners earning up to 9,000 yuan per month and store managers making over one million yuan annually, positioning the company as a "heavenly enterprise" [1] - The supermarket empowers employees with significant autonomy, allowing them to handle customer returns, compensations, and gifts without needing managerial approval, which enhances service efficiency and customer loyalty [1][2] Business Philosophy - Pang Donglai's approach contrasts sharply with traditional retail practices, focusing on a few stores and prioritizing employee well-being over aggressive expansion [2][4] - The company's philosophy is encapsulated in Yu Donglai's statement that "employees are assets, not costs," highlighting the value placed on employee welfare and engagement [4][5] Broader Impact - The influence of Pang Donglai extends beyond its local market, attracting customers from other regions and even leading to product resales at a premium [4] - The supermarket's success challenges conventional retail norms and encourages a reevaluation of business ethics and corporate responsibility within the industry [5]

Core Viewpoint - Tangrenshen (002567) has turned a profit in the 2024 fiscal year and expects a significant reduction in losses for Q1 2025, with plans to increase pig production and lower breeding costs [1][2] Financial Performance - In the 2024 fiscal year, Tangrenshen achieved revenue of 24.343 billion yuan, a year-on-year decrease of 9.67%, and a net profit of 355 million yuan, marking a return to profitability [1] - For Q1 2025, the company reported revenue of 5.973 billion yuan, a year-on-year increase of 22.40%, but a net loss of 77.0516 million yuan, which represents a reduction in losses of over 60% compared to the previous year [1] Production and Sales - In 2024, Tangrenshen's pig output reached 4.3362 million heads, a year-on-year increase of 16.80%, with 3.9106 million heads being fat pigs, accounting for 90.18% of total output [1] - The company sold 6.2804 million tons of feed, a year-on-year decrease of 11.33%, while the meat business generated revenue of 1.62 billion yuan [1] Cost Management and Efficiency - The cost of pig fattening decreased by 1.59 yuan per kilogram year-on-year, indicating a positive trend in cost reduction [2] - The company is expanding pig output through a "company + farmer" model, which enhances production efficiency and reduces fixed asset depreciation costs [2] - The cost of weaned piglets has been reduced by 46.34 yuan per head through improved breeding practices [2] Future Outlook - For 2025, Tangrenshen aims to produce between 5 million and 5.5 million pigs, focusing on continuous cost reduction in breeding operations [2] - The company plans to enhance its feed and meat business through organizational changes and a customer-centric approach, aiming for increased customer value and profitability [2] Market Position and Strategy - Tangrenshen maintains a low reliance on imported feed materials, with a pricing strategy based on cost-plus, which helps mitigate raw material price fluctuations [3] - The company is committed to expanding its full industry chain in pig farming, aiming for high-quality development and its vision of becoming a leading global player in the agricultural and food industry [3]