证券代码：000048 证券简称：京基智农 公告编号：2025-016 深圳市京基智农时代股份有限公司 2024 年年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示 1、本次股东大会未出现否决提案的情形。 2、本次股东大会未涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、召集人：深圳市京基智农时代股份有限公司第十一届董事会 1、股东出席的总体情况 - 1 - 2、召开方式：现场投票与网络投票相结合 3、现场会议召开地点：深圳市罗湖区深南东路 5016 号京基 100 大厦 A 座 71 层会议室 4、现场会议召开时间：2025 年 4 月 21 日（星期一）下午 3:00 网络投票时间：2025 年 4 月 21 日 其中：通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 4 月 21 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所互联网投票系 统进行网络投票的具体时间为 2025 年 4 月 21 日 9:15 至 15:00 中的 ...

北京观韬（深圳）律师事务所 关于深圳市京基智农时代股份有限公司 2024年年度股东大会的法律意见书 观意字2025第SZ000028号 致：深圳市京基智农时代股份有限公司 北京观韬（深圳）律师事务所（以下简称"本所"）接受深圳市京基智农时代 股份有限公司（以下简称"京基智农"或"公司"）的委托，指派律师列席京基智 农于2025年4月21日召开的2024年年度股东大会（以下简称"本次股东大会"或"会 议"）。本所依据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》、中国证券监督管理委员会《上市公司股东大会规则》(以 下简称"《股东大会规则》")、《深圳证券交易所上市公司股东大会网络投票实 施细则》（以下简称"《网络投票实施细则》"）等现行法律、法规和规范性文件 以及《深圳市京基智农时代股份有限公司章程》(以下简称"《公司章程》")、《深 圳市京基智农时代股份有限公司股东大会议事规则》（以下简称"《议事规则》"） 等有关规定，就本次股东大会的召集和召开程序、出席会议人员资格、表决程序、 表决结果等事项进行见证，并出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的有关本次 ...

Core Viewpoint - The company reported a strong performance in 2024, achieving a revenue of 5.96 billion yuan and a net profit of 714 million yuan, while also focusing on technological advancements and market expansion in the pig farming industry [2][16]. Financial Performance - In 2024, the company achieved an operating income of 5.96 billion yuan and a net profit attributable to shareholders of 714 million yuan [2][16]. - As of the end of 2024, total assets amounted to 10.95 billion yuan, with net assets at 4.29 billion yuan [2]. - The company plans to distribute a cash dividend of 3.5 yuan per 10 shares for the 2024 fiscal year [25]. Operational Insights - The average selling price of fattening pigs in March 2025 was 15.34 yuan/kg, with an average weight of 135 kg [1]. - The company has established four major pig farming bases with a cumulative annual production capacity exceeding 2.2 million pigs [12]. - The company’s Wenchang pig farming project sold 252,200 pigs in 2024, with an average selling price of 18.22 yuan/kg and a PSY (Pigs per Sow per Year) of approximately 25 [12][18]. Technological Advancements - The company employs eight modern and intelligent farming management systems, including automated feeding, drinking, and waste management systems, which enhance efficiency and reduce costs [1]. - The company has obtained 32 utility model patents, 9 software copyrights, and 2 invention patents as of the end of 2024, indicating a strong focus on research and development [3][30]. Strategic Initiatives - The company has established two new subsidiaries aimed at diversifying its business into digital cultural and creative sectors [2]. - The company is actively pursuing a private placement of A-shares to fund integrated pig farming projects and breeding bases [4][5]. - The company is committed to enhancing its market presence and investor relations through share buybacks and dividend distributions [6][10][18]. Risk Management - The company has implemented a comprehensive biosecurity system to mitigate risks associated with pig diseases, including the establishment of a dedicated prevention and control leadership group [21][28]. - The company is focused on optimizing feed formulations and enhancing procurement strategies to manage fluctuations in feed raw material prices [11].

Financial Performance - In 2024, the company achieved a revenue of CNY 5.96 billion and a net profit of CNY 714 million [2] - As of the end of 2024, total assets amounted to CNY 10.95 billion, with net assets at CNY 4.29 billion [2] Pig Sales and Pricing - The average selling price of fattening pigs in March 2025 was CNY 15.34 per kg, with an average weight of 135 kg [2] - The total cost of raising fattening pigs in March 2025 was approximately CNY 13 per kg [3] - The cost of weaned piglets in March 2025 was CNY 302 per head [3] Dividend Distribution - The board approved a profit distribution plan for 2024, proposing a cash dividend of CNY 3.5 per 10 shares (including tax) [3] Production Capacity and Expansion - The company has established four major pig farming bases in Guangdong and Guangxi, with a total annual production capacity exceeding 2.2 million pigs [8] - Future fundraising will support integrated pig farming projects and breeding base projects [8] Research and Development - In 2024, the company invested CNY 52.11 million in R&D, a year-on-year increase of 20.89% [3] - The company holds 32 utility model patents, 9 software copyrights, and 2 invention patents as of the end of 2024 [7] Biosecurity Measures - The company employs a comprehensive biosecurity management system, including a "red-orange-yellow-green" classification for disease control [4] - A dedicated team for African swine fever prevention and control has been established [11] Market Strategy - The company focuses on the Guangdong-Hong Kong-Macao Greater Bay Area for pig product sales, with potential expansion to other regions based on market conditions [3] - The company plans to enhance its core competitiveness and market influence through refined management practices [6] Financial Health - As of the end of 2024, the company's cash and cash equivalents were CNY 874 million, showing a slight decrease from the previous year due to dividend payments and share buybacks [13] - The company's debt structure primarily consists of non-interest-bearing liabilities, indicating no immediate repayment pressure [13]

本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000048 证券简称：京基智农 公告编号：2025-015 深圳市京基智农时代股份有限公司 关于举行2024年度业绩说明会的公告 深圳市京基智农时代股份有限公司（以下简称"公司"）已于2025年3月31日在巨潮资讯网 （www.cninfo.com.cn）披露公司《2024年年度报告》及摘要。为进一步加强与投资者的交流，使广大 投资者更全面深入地了解公司经营情况及发展战略，公司定于2025年4月17日在全景网举行2024年度业 绩说明会。具体安排如下： 一、业绩说明会安排 （一）会议召开时间：2025年4月17日（星期四）15:00-17:00 （二）会议召开方式：本次说明会将采用网络远程方式举行，投资者可登陆全景网"全景路 演"（http://rs.p5w.net）参与本次年度业绩说明会。 （三）出席人员：公司总裁、独立董事、董事会秘书、财务总监。 二、征集问题事项 为充分尊重投资者，提升交流的针对性，现就公司2024年度业绩说明会提前向投资者征集相 ...

为充分尊重投资者，提升交流的针对性，现就公司 2024 年度业绩说明会提前 向投资者征集相关问题，广泛听取投资者建议。投资者可在 2025 年 4 月 16 日（星 期三）17:00 前访问 http://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页 面提交相关问题，以便公司在业绩说明会上对投资者普遍关注的问题进行回答。 证券代码：000048 证券简称：京基智农 公告编号：2025-015 深圳市京基智农时代股份有限公司 关于举行 2024 年度业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记 载、误导性陈述或重大遗漏。 深圳市京基智农时代股份有限公司（以下简称"公司"）已于 2025 年 3 月 31 日在巨潮资讯网（www.cninfo.com.cn）披露公司《2024 年年度报告》及摘要。为 进一步加强与投资者的交流，使广大投资者更全面深入地了解公司经营情况及发 展战略，公司定于 2025 年 4 月 17 日在全景网举行 2024 年度业绩说明会。具体安 排如下： 一、业绩说明会安排 （一）会议召开时间：2025 年 4 月 17 日（星期 ...

Core Viewpoint - The performance of Jingji Zhino (000048.SZ) has significantly declined in 2024, with both revenue and net profit dropping over 50% year-on-year, primarily due to a collapse in its real estate business, despite a notable increase in its pig farming operations [1][2]. Group 1: Financial Performance - In 2024, Jingji Zhino reported revenue of 5.96 billion yuan, a year-on-year decrease of 52%, and a net profit of 714 million yuan, down 59.13% [2]. - The real estate segment's revenue plummeted by 85.63% to 1.234 billion yuan, contributing only 20.7% to total revenue, compared to nearly 70% in the previous year [3]. - The pig farming business saw revenue rise to 3.901 billion yuan, a growth of 38.69%, increasing its contribution to total revenue from 22.65% to 65.45% [3]. Group 2: Business Segments - The real estate business, which previously accounted for nearly 70% of revenue, has faced a drastic decline due to a significant reduction in project sales and deliveries [2][3]. - The pig farming segment's gross margin improved from -1.97% to 23.697%, with the main profit shifting from a loss of 55.34 million yuan in 2023 to a profit of 924.2 million yuan in 2024 [3]. Group 3: Expansion Plans - Jingji Zhino has proposed a fundraising plan of up to 1.93 billion yuan to support its pig farming capacity expansion, but progress has been slow [4]. - The company plans to invest 575 million yuan in a pig farming integration project and 597 million yuan in a breeding base project, with expected annual contributions of 157 million yuan and 259 million yuan in net profit, respectively [4]. - Revised projections for these projects indicate a decrease in expected net profit from 416 million yuan to 226 million yuan, raising concerns about the company's confidence in future profitability [5][6].

Group 1 - The company sold 187,500 pigs in March 2025, including 29,800 piglets, generating a sales revenue of 337 million yuan, with an average selling price of 15.34 yuan/kg for commercial pigs [2] - Cumulatively, from January to March 2025, the company sold 491,400 pigs, including 79,500 piglets, with a total sales revenue of 879 million yuan [3] - The sales data provided is unaudited and may differ from the figures disclosed in regular reports, serving only as a reference for investors [3] Group 2 - The company operates in the pig farming industry and is required to disclose sales information monthly as per the Shenzhen Stock Exchange's guidelines for listed companies engaged in livestock and aquaculture [1]

一、2025年3月生猪销售情况 2025年3月，公司销售生猪18.75万头（其中仔猪2.98万头），销售收入3.37亿 元；商品猪销售均价15.34元/kg。 2025年1-3月，公司累计销售生猪49.14万头（其中仔猪7.95万头），累计销售 收入8.79亿元。 上述销售数据未经审计，与定期报告披露的数据之间可能存在差异，因此上 述数据仅作为阶段性数据供投资者参考。 | 月份 | 生猪销售数量（万头） | | 生猪销售收入（亿元） | | 商品猪价格（元/kg） | | --- | --- | --- | --- | --- | --- | | | 当月 | 累计 | 当月 | 累计 | 当月 | | 2024年3月 | 15.21 | 46.04 | 2.28 | 6.75 | 14.54 | | 2024年4月 | 19.20 | 65.25 | 2.99 | 9.73 | 15.24 | | 2024年5月 | 22.76 | 88.00 | 3.72 | 13.45 | 15.74 | | 2024年6月 | 16.59 | 104.59 | 3.45 | 16.90 | 18.30 | | 202 ...

文/夏虫工作室 核心观点：京基智农潜在待处置资产仅物业货值超50亿元，而养殖业务其出栏量与神农集团相当，为何 市值为何与其相差甚远？值得注意的是，公司自京基系入主后，一方面，货币资金近年在大幅缩水；另 一方面，公司巨额的地产项目收益疑似被大股东分食。此外，公司大比例股份被大股东大比例质押。公 司估值压制背后是否暴露其公司治理问题？ 近日，京基智农发布2024年年报，公司营收与净利润均大降。数据显示，京基智农2024年，公司实现营 业收入59.60亿元，同比下降52%；实现净利润7.14亿元，同比下降59.13%。 出品：新浪财经上市公司研究院 分业务来看，主业生猪养殖业务实现营收39.01亿元，同比大幅增长38.69%，实现净利润5.33亿元，盈 利能力显著提升。房地产业务仅为存量房销售无新项目交付，因而结转销售收入及利润同比下降。 截止目前，公司市值仅为94亿元。颇为不解的是，与公司出栏量相当的神农集团，市值超150亿元。此 外，公司潜在被严重低估的待处置资产仅物业货值超50亿元。至此，我们疑惑的是，为何公司市值如此 低？这究竟是被市场低估还是另有原因？ 大股东的诚信：同业竞争仍有尾巴？ 据公开资料，京基智 ...