一、以 3 票赞成、0 票反对、0 票弃权的表决结果审议通过了《关 于<2025 年第三季度报告>的议案》； 经审核，监事会认为：董事会编制和审议公司 2025 年第三季度 报告的程序符合相关法律、行政法规和中国证监会的规定，报告内容 真实、准确、完整地反映了公司的实际情况。 公司 2025 年第三季度报告具体内容详见同日披露于巨潮资讯网 （www.cninfo.com.cn）的《2025 年第三季度报告》。 本公司及监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。 河南华英农业发展股份有限公司（以下简称"公司"）第七届监 事会第十七次会议于 2025 年 10 月 29 日上午 11：00 在公司总部潢川 县华英大厦 16 层高管会议室召开。本次会议由公司监事会主席丁庆 博先生召集，会议通知于 2025 年 10 月 24 日以专人送达、电子邮件 等方式送达给全体监事。会议应出席监事 3 人，实际出席监事 3 人， 其中监事张胡琼女士采用通讯方式参会。会议由监事会主席丁庆博先 生主持，此次会议的召集、召开符合《中华人民共和国公司法》等法 律、行政法规、部门规章、规范性 ...

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。 证券代码：002321 证券简称：华英农业 公告编号：2025-043 河南华英农业发展股份有限公司 第七届董事会第二十五次会议决议公告 经与会董事认真审议，本次会议以现场表决和通讯表决相结合的 方式审议通过以下议案： 一、以 9 票同意、0 票反对、0 票弃权的表决结果审议通过了《关 于<2025 年第三季度报告>的议案》； 公司 2025 年第三季度报告具体内容详见同日披露于《证券时报》 《证券日报》《上海证券报》和巨潮资讯网（www.cninfo.com.cn） 的《2025 年第三季度报告》。 公司董事会审计委员会已审议通过了该议案中的财务报告部分。 二、逐项审议通过了《关于修订<公司章程>及附件的议案》； 为进一步促进公司规范运作，完善公司治理，根据《公司法》、 1 中国证监会《上市公司治理准则》《上市公司章程指引》以及《深圳 证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引 第 1 号——主板上市公司规范运作》等法律法规、规范性文件的规定， 结合公司实际情况，公司拟取消监事会并对《公司章程 ...

Financial Performance - The company's operating revenue for the third quarter reached ¥1,719,322,472.64, an increase of 8.87% compared to the same period last year[4] - The net profit attributable to shareholders was -¥11,598,894.83, a decrease of 178.09% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥15,041,774.11, a decline of 634.09% compared to the previous year[4] - Total operating revenue for the current period reached ¥3,790,495,550.04, a slight increase of 0.89% compared to ¥3,756,923,951.36 in the previous period[22] - Net profit for the current period was ¥28,068,053.79, a decrease of 66.47% from ¥83,671,790.69 in the previous period[23] - The company recorded a total profit of ¥44,506,270.52, down 54.7% from ¥98,267,504.93 in the previous period[23] - Basic earnings per share for the current period was -¥0.0153, compared to ¥0.0154 in the previous period[23] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,950,307,544.95, reflecting a growth of 7.03% from the end of the previous year[4] - Total current assets increased to ¥2,323,049,207.14 from ¥1,977,213,338.18, representing a growth of approximately 17.5%[18] - Total assets at the end of the reporting period reached ¥3,950,307,544.95, up from ¥3,690,950,818.58, indicating an increase of about 7%[19] - Total liabilities increased to ¥2,506,257,496.94 from ¥2,254,707,390.51, reflecting a growth of approximately 11.1%[19] - The company reported a total of 1,531,716,596.33 in current liabilities, up from 1,255,826,849.56, marking an increase of about 22%[19] - Long-term borrowings rose to ¥13,822,595.83 from ¥7,812,787.50, an increase of approximately 76.5%[19] Cash Flow - The cash flow from operating activities was ¥237,406,776.94, up 76.64% year-on-year, attributed to reduced cash payments in operating activities[12] - The company reported a net cash flow from operating activities of ¥237,406,776.94, an increase of 76.83% compared to ¥134,399,879.55 in the prior period[25] - Cash received from sales of goods and services was ¥3,468,875,005.28, a decrease of 10.66% from ¥3,883,693,352.03 in the previous period[25] - Net cash flow from investing activities was -$18.8 million, compared to -$26.2 million in the previous period, indicating an improvement of approximately 28%[26] - Total cash inflow from financing activities was $828.5 million, slightly up from $806.5 million year-over-year, reflecting a growth of about 2%[26] - Net cash flow from financing activities was -$264.4 million, worsening from -$151.6 million in the previous period, representing a decline of approximately 74%[26] - The net increase in cash and cash equivalents was -$42.8 million, compared to -$40.3 million in the prior period, showing a slight deterioration of about 6%[26] - The ending balance of cash and cash equivalents was $113.4 million, up from $63.5 million year-over-year, indicating a significant increase of approximately 78%[26] - The company’s cash outflow from financing activities totaled $1.09 billion, compared to $958 million in the previous period, marking an increase of about 14%[26] - Cash received from borrowings was $213.4 million, down from $309.4 million, reflecting a decrease of approximately 31%[26] - Cash paid for debt repayment was $158 million, consistent with the previous period's $157.8 million, indicating stability in debt servicing[26] Shareholder Information - Total number of common shareholders at the end of the reporting period is 38,748[14] - The largest shareholder, Xinyang Dingxin Xinghua Industrial Investment Partnership, holds 24.00% of shares, totaling 511,893,617 shares[14] - The second-largest shareholder, Henan Guangzhou Chenyue Industrial Co., Ltd., holds 16.01% of shares, totaling 341,519,859 shares, with 267,620,000 shares pledged and 135,000,000 shares frozen[14] Inventory and Receivables - Accounts receivable increased by 66.87% to ¥887,407,371.69, primarily due to sales on credit[9] - Inventory decreased by 41.80% to ¥573,006,534.54, mainly due to product sales[10] - Accounts receivable rose significantly to ¥887,407,371.69 from ¥531,800,717.46, an increase of about 67%[18] - Inventory decreased to ¥573,006,534.54 from ¥984,609,949.52, a decline of approximately 41.8%[18] Other Financial Metrics - The company experienced a 112.24% decline in investment income, reporting -¥3,006,894.84, primarily due to the poor performance of associated companies[11] - Research and development expenses were ¥5,149,507.84, down 25.6% from ¥6,922,373.63 in the previous period[22] - The company's equity attributable to shareholders decreased to ¥929,103,322.06 from ¥961,333,689.30, reflecting a decline of 3.34%[20] Audit and Accounting Standards - The company did not undergo an audit for the third quarter financial report, which may affect the reliability of the reported figures[27] - The new accounting standards will be first implemented starting in 2025, which may impact future financial reporting[28]

Core Points - The aquaculture sector experienced a decline of 1.31% on October 30, with Tianyu Biology leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Yisheng Co. (002458) closed at 9.03, up 0.33% with a trading volume of 97,800 shares and a turnover of 88.43 million yuan [1] - Xiantan Co. (002746) closed at 6.31, up 0.32% with a trading volume of 154,800 shares and a turnover of 97.81 million yuan [1] - Tianyu Biology (603717) closed at 8.73, down 3.64% with a trading volume of 155,200 shares and a turnover of 137 million yuan [2] - Huaying Agriculture (002321) closed at 2.77, down 3.15% with a trading volume of 424,400 shares and a turnover of 119 million yuan [2] Capital Flow - The aquaculture sector saw a net outflow of 188 million yuan from institutional investors, while retail investors had a net inflow of 141 million yuan [2] - The main capital inflow and outflow for specific stocks included: - Jingji Zhinnong (000048) had a net inflow of 19.99 million yuan from main capital [3] - Wens Foodstuff Group (300498) had a net inflow of 7.96 million yuan from main capital [3] - Yisheng Co. (002458) had a net inflow of 3.79 million yuan from main capital [3]

Group 1 - The China Livestock Breeding Index (930707) shows mixed performance among its constituent stocks, with Zhongmu Co., Ltd. leading the gains at 4.31% [1] - The average price of pork in China's wholesale markets increased by 1.3% to 17.96 yuan per kilogram as of October 27 [1] - Galaxy Securities indicates that losses in October may accelerate the reduction of pig farming capacity, highlighting opportunities in the pig farming industry based on the value of breeding sows and farming efficiency [1] Group 2 - As of September 30, 2025, the top ten weighted stocks in the China Livestock Breeding Index account for 66.06% of the index, including Muyuan Foods, Wens Foodstuff Group, and others [2]

Core Viewpoint - The article emphasizes that Henan province plays a crucial role in China's food industry, particularly in the prepared food sector, making it a significant contributor to the national dining table [4][10]. Group 1: Industry Overview - Henan is home to several popular new consumer brands, including Mixue Ice City and Pop Mart, which have emerged from the province [4]. - The province has a high concentration of food processing companies, with over 4,000 related enterprises, ranking first in the country [9]. - Major food brands from Henan include Sanquan Foods, Shuanghui Development, and Si Nian Foods, which dominate various segments of the prepared food market [6][7]. Group 2: Market Share and Production - Sanquan Foods holds a market share of 20% to 40% in the frozen food sector, with a sales scale of 7.434 billion yuan in 2023 [6]. - Shuanghui Development, a leader in meat products, reported a sales scale of 60.1 billion yuan, capturing 5% of the market [6]. - Henan produces a significant portion of China's staple foods, including 1/4 of the country's steamed buns, 1/3 of instant noodles, and 1/2 of ham sausages [10]. Group 3: Agricultural Advantages - As a major agricultural province, Henan is known as the "granary of the world," with its grain output second only to Heilongjiang in 2024 [10]. - The province's meat, egg, and milk production totals 13.37 million tons, ranking third nationally, with a leading position in pig farming [14]. - The availability of local raw materials, such as flour and pork, combined with a well-established food production and management system, supports the growth of the prepared food industry [14]. Group 4: Strategic Location - Henan's geographical position in the center of China, along with its developed transportation infrastructure, provides a logistical advantage for the food industry [14]. - The province's population offers a substantial market and labor force, further enhancing its role in the prepared food sector [14].

Core Insights - The aquaculture sector experienced a slight decline of 0.08% on October 24, with Xiaoming Co. leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Aquaculture Sector Performance - Yisheng Co. (002458) saw a closing price of 8.85, with an increase of 2.67% and a trading volume of 150,400 shares, totaling a transaction value of 134 million yuan [1] - Shengnong Development (002299) closed at 16.28, up 1.12%, with a trading volume of 136,800 shares and a transaction value of 222 million yuan [1] - Other notable performances include: - ST Tianshan (300313) at 8.43, up 0.60% [1] - Jinjidun Agricultural (000048) at 17.03, up 0.53% [1] - Muyuan Foods (002714) at 48.86, up 0.31% [1] - Xiaoming Co. (300967) led the decline with a closing price of 21.20, down 3.02% [2] Capital Flow Analysis - The aquaculture sector saw a net outflow of 153 million yuan from institutional investors, while retail investors contributed a net inflow of 11.67 million yuan [2] - Notable capital flows include: - Luoniushan (000735) with a net inflow of 5.14 million yuan from institutional investors [3] - Yike Foods (301116) with a net outflow of 1.90 million yuan from institutional investors [3] - Yisheng Co. (002458) experienced a net outflow of 2.22 million yuan from institutional investors [3]

Core Insights - The aquaculture sector experienced a slight increase of 0.28% on October 23, with Xiaoming Co. leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Aquaculture Sector Performance - Xiaoming Co. (300967) closed at 21.86, up 2.82% with a trading volume of 105,300 shares and a transaction value of 230 million [1] - Tianyu Biological (603717) closed at 9.17, up 2.12% with a trading volume of 152,700 shares and a transaction value of 140 million [1] - Other notable performers include Xiangjia Co. (002982) up 1.76%, Minhe Co. (002234) up 1.73%, and Xinwufeng (600975) up 1.57% [1] Capital Flow Analysis - The aquaculture sector saw a net inflow of 25.81 million from institutional investors, while retail investors contributed a net inflow of 4.57 million [2] - Major stocks like Jingji Zhino (000048) experienced a significant net outflow of 29.90 million from speculative funds [3] - Muyu Co. (002714) had a net inflow of 43.02 million from institutional investors, but also saw a net outflow of 26.25 million from speculative funds [3]

Core Insights - The aquaculture sector experienced a decline of 1.22% on October 22, with Shengnong Development leading the drop [1][2] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Aquaculture Sector Performance - The following companies showed notable performance: - Pangming Co., Ltd. (300967) closed at 21.26, up 1.67% with a trading volume of 55,600 shares and a transaction value of 117 million [1] - Shengnong Development (002299) closed at 16.16, down 4.15% with a trading volume of 276,600 shares and a transaction value of 449 million [2] - Wens Foodstuff Group (300498) closed at 18.09, down 1.15% with a trading volume of 410,500 shares and a transaction value of 750 million [2] Capital Flow Analysis - The aquaculture sector saw a net outflow of 388 million from institutional investors, while retail investors contributed a net inflow of 211 million [2] - Notable capital flows included: - Pangming Co., Ltd. had a net inflow of 6.53 million from institutional investors, while retail investors had a net outflow of 7.21 million [3] - Wens Foodstuff Group experienced a net outflow of 2.93 million from institutional investors, with a significant net inflow of 20.58 million from retail investors [3]

Core Insights - The aquaculture sector experienced a decline of 0.6% on October 15, with Xiaoming Co. leading the drop [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Aquaculture Sector Performance - Notable gainers in the aquaculture sector included Huaying Agriculture (+2.11%), Fucheng Co. (+1.42%), and Tianyu Bio (+1.03%) [1] - Xiaoming Co. saw the largest decline at -1.75%, followed by Lihua Co. (-1.12%) and Zhengbang Technology (-1.00%) [2] Trading Volume and Capital Flow - The aquaculture sector had a net outflow of 124 million yuan from institutional investors, while retail investors saw a net outflow of 149 million yuan [2] - Conversely, speculative funds recorded a net inflow of 272 million yuan [2] Individual Stock Capital Flow - Shengnong Development had a net inflow of 13.21 million yuan from institutional investors, while it faced a net outflow of 26.16 million yuan from retail investors [3] - Tianbang Food and Fucheng Co. also saw positive net inflows from institutional investors, with 10.33 million yuan and 8.60 million yuan respectively [3]