温氏股份(300498) - 2025年11月28日投资者关系活动记录表

Group 1: Pig Farming Business - The company has established a comprehensive biosecurity system, resulting in stable production and effective disease prevention [2] - As of October, the comprehensive cost of pig farming is approximately 6.19 CNY/kg, showing a slight decrease compared to previous months [2] - Future cost reductions will be achieved through breeding technology, digital solutions, production model upgrades, and feed optimization [2][3] - The company is actively responding to national policies on pig production capacity, focusing on eliminating inefficient capacity and managing breeding stock [4] Group 2: Chicken Farming Business - The chicken farming segment maintains high and stable production performance, with the cost of broiler chickens dropping to 5.7 CNY/kg in October [5] - From January to October 2025, the company sold over 13 million cooked chicken products, marking a year-on-year growth of over 15% [6] Group 3: Dividend Policy - Since its listing in 2015, the company has implemented 15 cash dividend distributions, totaling over 30.1 billion CNY, with a cash dividend rate exceeding 60% [7] - The company emphasizes stable cash dividends as a key method of returning value to investors, aligning with its corporate culture [8] - The company aims to maintain a smooth cash dividend amount regardless of profit or loss, ensuring investor satisfaction [9] - With stable operations and strong profitability, the company has a robust capacity for dividend distribution [10] Group 4: Corporate Social Responsibility - The company donated 40 million HKD to support victims of a fire in Hong Kong, demonstrating its commitment to social responsibility and community support [11] Group 5: Financial Position - The company currently has sufficient funds and a high level of financial security, with no new equity financing plans at this time [12]