隆平高科(000998) - 2024年8月7日投资者关系活动记录表

Group 1: Investment and Financial Strategy - The company plans to raise a total of 1.2 billion CNY through a targeted issuance of shares, which will enhance its financial strength and support breeding research and industrial integration [1][2] - The funds raised will be used to repay bank loans and supplement working capital, allowing for more resources to be allocated to research and acquisitions [2][5] - The capital structure will be optimized to gradually reduce the asset-liability ratio, focusing on self-funding and improving quality [5] Group 2: Support from CITIC Group - CITIC Group's support includes funding, research, management, and industry integration, providing a solid foundation for the company's sustainable development [2][3] - The company has received significant research support from CITIC Group, particularly in forward-looking and foundational research [3] - CITIC Group has facilitated the company’s operational efficiency by promoting the divestment of 13 underperforming subsidiaries, recovering 139 million CNY in funds [3] Group 3: Business Development and Market Position - The rice business, a key segment, saw a year-on-year growth of 36.50%, capturing over 20% market share [4] - The company is actively addressing the challenges in the corn seed industry due to low prices and high inventory, optimizing resource allocation [4] - The company is committed to enhancing its position in the transgenic corn market by ensuring high-quality product development and strict management [4] Group 4: Future Outlook and Goals - The company aims to achieve synchronized growth in revenue and profit from the rice sector over the next two to three years [4] - The targeted fundraising is seen as a positive signal for future performance and shareholder earnings per share [2][5] - The company is focused on improving its market competitiveness through innovative marketing strategies and effective production management [4]