长江商报消息 ●长江商报记者 徐阳 隆平高科（000998.SZ）2025年逆势增长，展现出作为种业龙头的经营韧性。 根据业绩预告，2025年，隆平高科预计实现归母净利润为1.3亿元至1.9亿元，上年同期盈利1.14亿元， 同比增长14.17%至66.86%；预计实现扣非净利润为6000万元至8800万元，上年同期亏损2.89亿元，同比 扭亏。 隆平高科积极应对行业波动，不断提升经营韧性。 2025年度业绩预告显示，隆平高科预计2025年度归属于上市公司股东的净利润（以下简称"归母净利 润"）对比2024年同期增长14.17%至66.86%，扣除非经常性损益后的净利润（以下简称"扣非净利润"） 扭亏为盈。 结合前三季度财务数据，长江商报记者粗略计算，隆平高科2025年第四季度的归母净利润将超过7.94亿 元、扣非净利润超过7.6亿元，这一亮眼业绩一举扭转前三季度的亏损局面。 根据公告，隆平高科2025年年度业绩增长主要得益于国外玉米业务多措并举，营业收入实现增长，利润 大幅减亏，以及公司持续推行精细化资金管理的模式。 作为以袁隆平院士的名字命名、中信集团实控管理的民族种业领军企业，隆平高科盈利能力大幅改善的 ...

Group 1: Company Performance Overview - In the first half of 2025, the company achieved revenue of 21.66 million, with a net profit attributable to shareholders of -1.64 million, and a non-recurring net profit of -1.57 million, marking a nearly 40% reduction in losses compared to the previous year [2][3] - The domestic corn business generated revenue of 1.25 million, significantly impacted by supply-demand imbalances and increased market competition [3] - The rice industry maintained stable revenue with a 4% year-on-year profit increase, driven by the growth of high-quality and advantageous new varieties [3] Group 2: Capital and Cost Management - The company completed a capital increase of 1.2 billion from its major shareholder, significantly optimizing its capital structure, with interest-bearing debt decreasing by 726 million and the asset-liability ratio down by 6.46% [4] - Financial expenses decreased by 46 million, a reduction of approximately 17.33%, due to lower interest-bearing debt and favorable loan rates [4] - The net cash flow from operating activities improved significantly, increasing by 52.66% year-on-year [4] Group 3: Market and Product Strategy - The company is transitioning towards genetically modified and densely planted corn varieties, with a focus on enhancing market share through early reserves of next-generation products [7][8] - The domestic corn market is experiencing significant pressure due to oversupply and high inventory levels, with traditional varieties facing promotional pricing strategies to clear stock [6][7] - The company is expanding its rice seed business, currently holding a 20% market share domestically, with plans to enhance profitability and market presence through high-quality rice varieties [9][11] Group 4: International Expansion and Inventory Management - The company is actively expanding its rice seed exports to countries like the Philippines and Pakistan, targeting a market with approximately 1.5 billion acres of rice cultivation area [11] - The inventory structure is deemed reasonable, with domestic rice and corn stocks returning to normal levels, while the Brazilian corn seed inventory requires strategic sales adjustments [12]