Group 1: Company Overview and Investor Relations - The investor relations activity was conducted online on November 4, 2024, with participation from various financial institutions including CITIC Securities and Shanghai Baoyin Investment [2] - Key company representatives included the General Manager Peng Xubing and Board Secretary Li Danni [2] Group 2: Product Performance and Market Strategy - The hybrid corn variety "Kangnongyu 8009" shows excellent performance under extreme weather conditions, suitable for high-density planting of 5500 to 6000 plants per hectare [3] - As of the end of Q3, the company reported contract liabilities of 213.30 million yuan, indicating a significant increase in pre-sales compared to the same period last year [3] - The company plans to address the oversupply in the hybrid corn seed market in 2025 by managing inventory effectively, particularly in the Southwest region [5] Group 3: Research and Development Initiatives - The transgenic variety "Kangnong 20065KK" is currently being demonstrated in Yunnan, Sichuan, and Guangxi, with positive feedback and plans for a cautious rollout in 2025 [6] - The company is actively iterating new varieties in the Southwest region to fill past gaps and achieve new growth, including varieties like "Meigu 999" and "Gaokang No. 2" [7] Group 4: Investment Projects and Financial Outlook - The annual production base project in Qingtongxia is expected to produce 12,000 tons of hybrid corn seeds, with processing lines already completed and operational [8] - The company aims for double growth in revenue and net profit this year, with current performance on track [9]
康农种业(837403) - 投资者关系活动记录表