Group 1: Company Overview and Investor Relations - The company is 河南秋乐种业科技股份有限公司, with stock code 831087 and abbreviation 秋乐种业 [1] - The investor relations activity took place on May 10, 2024, at 河南农科院学术报告厅 [2] - Attendees included all directors, supervisors, and senior management of the company [2] Group 2: Competitive Advantages of Corn Varieties - The main corn varieties promoted by the company include 秋乐 368, 秋乐 618, and 豫研 1501 [3] - 秋乐 368 has been selected as a leading corn variety by the Ministry of Agriculture for three consecutive years [3] - It ranks as the 9th largest corn variety in terms of national promotion area [3] - Key competitive advantages of 秋乐 368 include strong disease resistance and stable yield performance [3] Group 3: Impact of R&D on Future Performance - Corn seeds are the primary source of revenue and profit for the company [4] - Continuous R&D of high-yield and resilient corn varieties is crucial for sustainable growth [4] - The establishment of 秋乐科学研究院 in 2023 aims to enhance R&D capabilities [4] - The company is building a biological breeding laboratory to advance research and application of cutting-edge breeding technologies [4] Group 4: Market Conditions and Sales Forecast - In 2024, the expected supply of hybrid corn seeds is 2.04 billion kg, while the total demand is projected at 1.22 billion kg, indicating a supply surplus [5] - The supply-demand ratio is estimated at 167:100, reflecting a market condition of oversupply [5] - The company has cautiously set its sales revenue budget for corn seeds in 2024, not due to a lack of product competitiveness [5] - 秋乐 368 continues to show strong sales growth since its promotion, indicating robust market competitiveness [5]
秋乐种业(831087) - 投资者关系活动记录表