融资方面，牧原股份当日融资买入7070.12万元。当前融资余额50.21亿元，占流通市值的1.91%，融资 余额低于近一年30%分位水平，处于低位。 融券方面，牧原股份11月20日融券偿还4.01万股，融券卖出5000.00股，按当日收盘价计算，卖出金额 24.11万元；融券余量40.97万股，融券余额1975.64万元，超过近一年90%分位水平，处于高位。 资料显示，牧原食品股份有限公司位于河南省南阳市卧龙区龙升工业园区,香港铜锣湾希慎道33号利园1 期19楼1920室，成立日期2000年7月13日，上市日期2014年1月28日，公司主营业务涉及生猪的养殖销 售、生猪屠宰。主营业务收入构成为：生猪98.68%，屠宰、肉食产品25.30%，饲料原料1.63%，其他 0.49%。 11月20日，牧原股份跌0.47%，成交额8.24亿元。两融数据显示，当日牧原股份获融资买入额7070.12万 元，融资偿还8365.94万元，融资净买入-1295.83万元。截至11月20日，牧原股份融资融券余额合计 50.41亿元。 机构持仓方面，截止2025年9月30日，牧原股份十大流通股东中，香港中央结算有限公司位居第三大流 ...

国内食用油龙头金龙鱼下属子公司广州益海构成合同诈骗罪一审落槌，被判处罚金100万元，同时需承担被害单位相应的经济损失。 金龙鱼(300999)11月19日晚间公告，11月19日，公司下属子公司广州益海收到淮北市中级人民法院作出的（2024）皖06刑初3号一审《刑事判决 书》。淮北市中级人民法院的一审判决结果如下：1.被告单位广州益海构成合同诈骗罪，系从犯，判处罚金100万元；2.被告人柳德刚构成合同诈骗 罪、非国家工作人员受贿罪，决定执行有期徒刑19年，并处罚金280万元；3.责令被告单位广州益海对被害单位安徽华文的经济损失18.81亿元与云南 惠嘉承担共同退赔责任；被告人柳德刚的违法所得依法予以追缴，上缴国库。广州益海不认可一审判决，并当庭提出上诉，公司亦会依法全力支持广 州益海上诉。 金龙鱼称，一审司法程序、认定事实、采信证据及适用法律错误，判决广州益海构成合同诈骗罪的从犯于法无据，据以定罪量刑的观点和事实依法均 不能成立。广州益海此前亦就本案委托七位权威刑法学专家进行了法律论证，专家一致认为，广州益海依法不构成合同诈骗罪。广州益海不认可一审 判决，并当庭提出上诉，公司亦会依法全力支持广州益海上诉。 金龙 ...

Core Insights - Qingdao Bangji Agricultural and Animal Husbandry Technology Co., Ltd. has been established with a registered capital of 10 million yuan [1] - The company's business scope includes investment activities with its own funds, sales of feed raw materials, environmental consulting services, and sales of daily necessities [1] - Bangji Technology (603151) holds 100% ownership of the newly established company [1]

Core Viewpoint - The stock price of Muyuan Foods Co., Ltd. has shown fluctuations, with a recent decline of 2.01% and a year-to-date increase of 36.99%, indicating volatility in the market [1] Financial Performance - For the period from January to September 2025, Muyuan Foods achieved a revenue of 111.79 billion yuan, representing a year-on-year growth of 15.52% [2] - The net profit attributable to shareholders for the same period was 14.78 billion yuan, reflecting a significant year-on-year increase of 41.01% [2] Shareholder Information - As of September 30, 2025, the number of shareholders for Muyuan Foods was 185,600, a decrease of 11.19% from the previous period [2] - The average number of circulating shares per shareholder increased by 12.60% to 20,534 shares [2] Dividend Distribution - Since its A-share listing, Muyuan Foods has distributed a total of 26.58 billion yuan in dividends, with 16.59 billion yuan distributed over the past three years [3] Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 183 million shares, an increase of 33.70 million shares from the previous period [3] - Huatai-PB CSI 300 ETF was the seventh-largest circulating shareholder, holding 46.55 million shares, a decrease of 2.10 million shares [3] - New institutional shareholder, E Fund CSI Major Consumption ETF, entered the top ten circulating shareholders with 34.53 million shares [3]

Core Viewpoint - Zhongmu Co., Ltd. has shown a positive stock performance with an 18.29% increase year-to-date and a significant rise in net profit for the first nine months of 2025, indicating strong operational growth in the animal health sector [1][2]. Financial Performance - As of September 30, 2025, Zhongmu Co., Ltd. achieved a revenue of 4.442 billion yuan, representing a year-on-year growth of 6.32% [2]. - The net profit attributable to shareholders reached 225 million yuan, marking a substantial increase of 175.49% compared to the previous year [2]. Stock Market Activity - On November 10, 2025, Zhongmu's stock price rose by 2.06% to 7.91 yuan per share, with a trading volume of 71.25 million yuan and a turnover rate of 0.89% [1]. - The company has a total market capitalization of 8.077 billion yuan [1]. Shareholder Information - As of September 30, 2025, the number of shareholders decreased by 6.45% to 36,900, while the average number of circulating shares per person increased by 6.90% to 27,706 shares [2][3]. - The top ten circulating shareholders include significant institutional investors, with notable changes in holdings among major ETFs [3]. Business Overview - Zhongmu Co., Ltd. specializes in animal health products, including vaccines, diagnostic liquids, and veterinary drugs, with a revenue composition of 35.78% from chemical drugs, 27.87% from trade, 19.21% from feed, and 16.10% from biological products [1]. - The company is categorized under the agricultural and animal health sectors, with involvement in various concepts such as small-cap stocks and rural revitalization [1].

Core Insights - Ningxia Pengyuan Animal Health Technology Co., Ltd. has been established with a registered capital of 10 million RMB [1] - The company is involved in various business activities including the research and development of biological feed, sales of feed raw materials, and sales of feed additives [1] - The company is also engaged in technology services, technical development, and import-export activities related to its business scope [1] Company Overview - The legal representative of the company is Geng Quanzheng [1] - The company operates under a general business scope that includes warehousing services and chemical product sales, excluding licensed chemical products [1] - The company has specific licensed activities including feed production, feed additive production, and fertilizer production, which require approval from relevant authorities [1]

Core Insights - Zhengzhou Mingyao Biotechnology Co., Ltd. has been established with a registered capital of 50,000 RMB and is represented by Lin Kunming [1] Company Overview - The company operates in various sectors including technology services, development, consulting, and transfer [1] - It is involved in the sales of livestock and fishery feed, feed raw materials, feed additives, and pet food and supplies [1] - The company also engages in the sale of food additives, fertilizers, agricultural films, plastic products, disinfectants (excluding hazardous chemicals), daily chemicals, daily necessities, office supplies, stationery, and general merchandise [1]

Core Viewpoint - The company has provided guarantees for its subsidiaries to facilitate financing and raw material procurement, with a total guarantee amount not exceeding 560 million yuan for the year 2025 [1][2][4]. Summary by Sections Guarantee Overview - The company has provided guarantees for its subsidiaries' financing and raw material procurement, with specific amounts detailed for each subsidiary [1][2]. - As of October 31, 2025, the actual guarantee amounts for specific subsidiaries are 397.49 million yuan for Anshan Jiuguhe Food Co., Ltd., 63.70 million yuan for Jinzhou Jiufeng Food Co., Ltd., and 343.74 million yuan for Xi'an Hefeng Feed Technology Co., Ltd. [1]. Internal Decision-Making Process - The company held board meetings and shareholder meetings in March, August, and September 2025 to approve the guarantee amounts and the entities to be guaranteed [2][3]. - The approved total guarantee amount includes 325 million yuan for financing, 200 million yuan for raw material procurement, and 35 million yuan for performance guarantees [2]. Basic Information of Guaranteed Entities - The guaranteed entities are subsidiaries of the company, and their financial data is disclosed on the Shanghai Stock Exchange [3]. - The company has a good understanding of the operational status and creditworthiness of these subsidiaries, indicating manageable risk [3]. Board of Directors' Opinion - The board believes that providing guarantees is necessary for the subsidiaries' operational needs and aligns with the company's overall development strategy [4]. - The board has confirmed that the guaranteed entities have good asset credit status and that the risks associated with the guarantees are controllable [4]. Cumulative External Guarantee Amount and Overdue Guarantees - As of October 31, 2025, the total external guarantee amount by the company and its subsidiaries is 2.31 billion yuan, which is 34.57% of the company's audited net assets as of December 31, 2024 [5]. - There are no overdue guarantees reported [5].

Core Insights - Chengde Tongcanyuan Agricultural Biotechnology Co., Ltd. has been established with a registered capital of 100,000 RMB [1] - The company is engaged in various activities including technology services, biomass fuel processing, and sales of agricultural products [1] Company Overview - The legal representative of the company is Yu Haichao [1] - The business scope includes general projects such as technology development, consulting, and biomass fuel sales [1] - The company also has a licensed project for feed production, which requires approval from relevant authorities before operation [1]

Core Viewpoint - Muyuan Foods Co., Ltd. has shown a significant increase in stock price and financial performance, indicating strong growth potential in the pig farming industry [1][2]. Financial Performance - For the period from January to September 2025, Muyuan Foods achieved a revenue of 111.79 billion yuan, representing a year-on-year growth of 15.52% [2]. - The net profit attributable to shareholders for the same period was 14.78 billion yuan, reflecting a year-on-year increase of 41.01% [2]. - The company has distributed a total of 26.58 billion yuan in dividends since its A-share listing, with 16.59 billion yuan distributed in the last three years [3]. Stock Market Activity - On November 7, the stock price of Muyuan Foods rose by 2.01%, reaching 50.24 yuan per share, with a trading volume of 678 million yuan and a turnover rate of 0.36% [1]. - The company’s market capitalization stands at 274.45 billion yuan [1]. - Year-to-date, the stock price has increased by 35.93%, although it has seen a slight decline of 0.12% over the last five trading days and a 3.95% drop over the last 20 days [1]. Shareholder Structure - As of September 30, 2025, the number of shareholders for Muyuan Foods was 185,600, a decrease of 11.19% from the previous period [2]. - The average number of circulating shares per shareholder increased by 12.60% to 20,534 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited holds 183 million shares, an increase of 33.70 million shares from the previous period [3].