海大集团(002311) - 2025年3月7日投资者关系活动记录表

Group 1: Company Overview - The company is Guangdong Haida Group Co., Ltd., with stock code 002311 [1] - The investor relations activity took place in Wuhan, attended by 15 investors from various institutions [2] Group 2: Business Performance - In 2024, the company's feed business showed steady growth, with total sales increasing by approximately 9% year-on-year [2] - Specific feed product sales saw double-digit growth in poultry and aquaculture feeds, while pig feed experienced a slight decline of about 3% [2][3] - Internationally, the company achieved significant breakthroughs, with overseas feed sales reaching approximately 2.4 million tons, a year-on-year increase of about 40% [2][3] Group 3: Overseas Market Insights - In 2024, overseas feed sales were approximately 2.4 million tons, with Vietnam being the largest market, followed by Indonesia [4] - The product structure of overseas feed sales is comprehensive, with aquaculture feed having the highest share, followed by poultry feed [5] - The company aims to reach an overseas feed sales target of 7.2 million tons by 2030, employing targeted market expansion strategies [6] Group 4: Competitive Advantages and Future Plans - The company's competitive advantage in overseas markets stems from its comprehensive capabilities across feed, seed, animal health, and service systems [7][8] - Future plans include matching high-quality seeds and animal health products to customer needs, enhancing overall solutions [8] - The company prioritizes regions with large populations, stable development environments, and rich breeding resources for overseas expansion [9] Group 5: Market Challenges and Capital Expenditure - The company faces competition from large foreign feed brands in overseas markets, including traditional brands from Southeast Asia and Europe [9] - There is an expectation of rising prices for certain raw materials, influenced by macroeconomic factors [9] - Future capital expenditure will focus on expanding overseas production capacity and upgrading domestic facilities to improve efficiency [9]