隆平高科(000998) - 2026年2月2日投资者关系活动记录表

Group 1: Financial Performance and Strategies - 隆平巴西 significantly reduced losses through organizational optimization and enhanced marketing strategies, achieving a gross profit margin increase of over 8% year-on-year [2][3] - Financial expenses decreased by approximately 90% compared to the previous year due to the replacement of high-interest debt with a RMB 4 billion syndicated loan [2][3] - The company aims to achieve profitability in 2026 by optimizing its debt structure and improving capital management [3] Group 2: Rice Industry Outlook - The company maintains a market share of over 20% in the rice seed industry, demonstrating resilience amid increased competition and extreme weather conditions [4] - Future growth opportunities exist in international markets, particularly in Southeast Asia, where the company can leverage its technological advantages [4] Group 3: Specialized Business Development - The specialized business segment showed varied performance, with steady growth in sunflower and pepper seed businesses, while the millet seed business faced a decline due to market price adjustments [5][6] - The company plans to expand its product categories and enhance international operations while managing risks effectively [5][6] Group 4: Corn Industry Challenges - The domestic corn seed industry is currently in a downturn, with expectations of continued challenges over the next one to two years [6] - The company is proactively preparing next-generation corn varieties and has a good cash flow to seize opportunities during this low period [6]