Core Viewpoint - Hunan New Wufeng Co., Ltd. anticipates a significant net loss for the fiscal year 2025, primarily due to a substantial decline in pig prices compared to the previous year [2][6]. Group 1: Performance Forecast - The company expects a net profit attributable to shareholders of the parent company to be between -700 million yuan and -960 million yuan for 2025 [2]. - The forecasted net profit, excluding non-recurring gains and losses, is projected to be between -720 million yuan and -980 million yuan [2]. - This performance forecast is based on preliminary calculations and has not been audited by certified public accountants [3]. Group 2: Previous Year’s Performance - In the previous year, the total profit was 50.1871 million yuan, with a net profit attributable to shareholders of the parent company of 39.3204 million yuan [4]. - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 21.5045 million yuan [4]. - The earnings per share for the previous year were 0.03 yuan [5]. Group 3: Reasons for Expected Loss - The primary reason for the anticipated loss in 2025 is the significant drop in pig prices compared to the same period last year [6]. - The company has made provisions for inventory impairment on its consumable biological assets in accordance with accounting standards and the principle of prudence due to the decline in pig prices [6].

Core Viewpoint - New Five Feng (SH600975) is expected to report a significant loss for the fiscal year 2025, with projected net profit ranging from -7 billion to -9.6 billion yuan, marking a shift from profit in 2024 to loss in 2025 due to declining pig prices and increased inventory write-downs [1][3]. Financial Performance - The company reported a net profit of approximately 393.2 million yuan for 2024, with total profit around 501.87 million yuan, indicating a substantial decline in performance for 2025 [3]. - The projected net loss for 2025, excluding non-recurring items, is expected to widen to between -7.2 billion and -9.8 billion yuan [3]. Sales and Production Data - New Five Feng anticipates selling approximately 5.4224 million pigs in 2025, a year-on-year increase of over 25% compared to 4.1663 million pigs sold in 2024 [1][4]. - The company has seen significant growth in pig production capacity, with slaughter volumes increasing from 183,000 in 2022 to 424,870 in 2024, reflecting growth rates of 122.32%, 75%, and 32.74% respectively [4]. Cost Control Measures - The company is focusing on cost control as a critical internal strategy, with initiatives aimed at involving all departments in cost reduction efforts [6][7]. - New Five Feng is restructuring its management to a flatter organization to enhance efficiency, moving from a four-tier to a three-tier management structure [7]. Market Outlook - The pig farming industry is expected to face challenges related to raw material costs, animal diseases, and environmental regulations, which will impact long-term profitability [6].

Core Viewpoint - New Five Feng (SH600975) is expected to report a significant loss in 2025, with a projected net profit loss ranging from 7 billion to 9.6 billion yuan, marking a shift from profitability in 2024 [2][3] Financial Performance - The company reported a net profit of approximately 393.2 million yuan in 2024, indicating a substantial decline in performance for 2025 [2][3] - The projected net profit loss for 2025, after excluding non-recurring items, is expected to widen to a loss of 7.2 billion to 9.8 billion yuan [3] - In 2025, New Five Feng anticipates selling approximately 5.42 million pigs, a year-on-year increase of over 25% compared to 4.17 million pigs sold in 2024 [2][3] Production Capacity - New Five Feng has experienced significant growth in pig production capacity in recent years, with the number of pigs sold increasing from 1.83 million in 2022 to 4.25 million in 2024, reflecting growth rates of 122.32%, 75%, and 32.74% respectively [4] Cost Control Measures - The company emphasizes cost control as a critical internal focus, with initiatives aimed at involving all departments in cost reduction efforts [6] - New Five Feng plans to restructure its organizational framework to enhance management efficiency, moving from a four-tier to a three-tier management structure [6] - The company intends to utilize up to 900 million yuan of idle funds to temporarily supplement working capital [6]

Core Viewpoint - New Five Feng (SH600975) is expected to report a significant loss for the fiscal year 2025, with a projected net profit loss ranging from 7 billion to 9.6 billion yuan, primarily due to a sharp decline in pig prices and increased inventory impairment provisions [1][2] Group 1: Financial Performance - In 2024, New Five Feng reported a net profit of approximately 393.2 million yuan, indicating a substantial decline in profitability for 2025 [2] - The company anticipates a net profit loss of 7 billion to 9.6 billion yuan for 2025, with a further adjusted loss of 7.2 billion to 9.8 billion yuan when excluding non-recurring items [1][2] - The sales volume of pigs is projected to increase to approximately 5.42 million heads in 2025, a year-on-year increase of over 25% compared to 4.17 million heads in 2024 [1][2] Group 2: Operational Insights - New Five Feng's main business includes pig farming, meat sales, and feed processing, with pig sales accounting for a significant portion of revenue [2] - The company has experienced rapid growth in pig production capacity, with the number of pigs sold increasing from 183,000 in 2022 to 424,870 in 2024, reflecting year-on-year growth rates of 122.32%, 75%, and 32.74% respectively [2] - Cost control is a critical focus for the company, with initiatives to involve all departments in cost management and a restructuring of the organizational framework to enhance efficiency [4] Group 3: Industry Context - The pig farming industry is facing challenges related to cost control, including raw material prices, animal diseases, and environmental regulations [3] - It is anticipated that the pig output will shrink in the second half of 2026, potentially leading to a gradual increase in pig prices during that period [3]

证券日报网讯 1月19日，新五丰发布公告称，公司第六届董事会第二十二次会议审议通过《关于调整公 司养殖板块组织结构的议案》《关于审议〈湖南新五丰股份有限公司投资管理制度（试行）〉的预案》 《关于使用闲置募集资金临时补充流动资金的议案》。 （文章来源：证券日报） ...

（记者 王晓波） 每经头条（nbdtoutiao）——短剧大爆发，吸纳69万人就业！一度送外卖的演员也找到工作：收入还算 可观但太累，剧组常备速效救心丸，拍睡觉戏真能睡着 每经AI快讯，新五丰1月19日晚间发布公告称，公司第六届第二十二次董事会会议于2026年1月19日以 通讯方式召开。会议审议了《关于调整公司养殖板块组织结构的议案》等文件。 ...

本期业绩预亏的主要原因：2025年度公司经营业绩出现亏损，主要原因为报告期内公司生猪价格较去年 同期出现较大幅度下降。由于生猪价格下跌，公司按照企业会计准则规定和谨慎性原则，对存栏的消耗 性生物资产计提了存货跌价准备。 格隆汇1月19日丨新五丰(600975.SH)公布，经公司财务部门初步测算，预计公司2025年度实现归属于母 公司所有者的净利润-70,000万元到-96,000万元，与上年同期（法定披露数据）相比，将出现亏损。预 计2025年度实现归属于母公司所有者的扣除非经常性损益后的净利润-72,000万元到-98,000万元。 ...

经中国证监会《关于核准湖南新五丰股份有限公司向湖南省现代农业产业 控股集团有限公司等发行股份购买资产并募集配套资金的批复》（证监许可 〔2022〕3238 号）核准，上市公司本次向特定对象发行人民币普通股股票 184,812,797 股 ， 发 行 价 为 每 股 人 民 币 8.39 元 ， 募 集 资 金 总 额 为 1,550,579,366.83 元，扣除不含税的发行费用人民币 22,930,456.99 元后，实际募 集资金净额为人民币 1,527,648,909.84 元。 招商证券股份有限公司 关于湖南新五丰股份有限公司 使用闲置募集资金临时补充流动资金的核查意见 招商证券股份有限公司（以下简称"招商证券"、"独立财务顾问"）作 为湖南新五丰股份有限公司（以下简称"新五丰"、"上市公司"、"公司"） 2022 年发行股份及支付现金购买资产并募集配套资金项目（以下简称"本次重 组"、"本次交易"）的持续督导独立财务顾问，根据《上市公司重大资产重 组管理办法（2025 修正）》《上市公司募集资金监管规则》《上海证券交易所 上市公司自律监管指引第 1 号——规范运作（2025 年 5 月修订）》等相关 ...

湖南新五丰股份有限公司投资管理制度（试行） 第一章 总则 第一条 为规范湖南新五丰股份有限公司（以下简称公 司）及所属企业的投资行为，严控投资风险，加强项目投资 全过程管理，确保投资效益最大化，依据《中华人民共和国 公司法》、《上海证券交易所股票上市规则》、《中华人民 共和国证券法》、《湖南省省属监管企业投资监督管理办法》 （湘国资【2023】87号）等法律、法规、规范性文件及《湖 南新五丰股份有限公司章程》（以下简称《公司章程》）， 结合公司的实际情况，制定本制度。 第二条 本制度适用于公司及公司所属全资、控股或具 有实际控制权的子公司（以下简称"公司及所属企业"）。 第三条 本制度所称投资项目，主要是指公司及所属企 业在境内和境外以现金、实物、有价证券、股权、债权或 无形资产等资产或权益作为出资用于实施新公司设立、兼 并收购或扩大再生产等项目以获取资本性收益的行为，包 括： （一）固定资产投资，主要指维持或扩大再生产的厂 房 1 等基本建设投资、生产线工艺更新或技术升级等改造性投 资（对固定资产进行日常维修、装备例行更换项目除外） 等； （二）股权投资，主要指境内外设立子企业、参股企 业及对其追加投资，受 ...

新五丰公告，预计2025年度实现归属于母公司所有者的净利润为亏损7亿元到9.6亿元。2025年度公司经 营业绩出现亏损，主要原因为报告期内公司生猪价格较去年同期出现较大幅度下降。 ...