Large companies | Lvheng Technology and Qiule Seed Industry were merged and reorganized, Kenfeng Seed Industry lost 137 million yuan, and seven seed enterprises released annual reports

Lvheng Technology: It is planned to purchase 60% of the equity of Xiangmeizi to further improve the business layout of the vegetable seed industry;

Qiule Seeds: It is planned to expand the northern and southwest spring corn markets through mergers and acquisitions;

Kenfeng Seeds: A loss of 137 million yuan in 2023, a year-on-year profit turned into a loss;

Meiao Seeds: The net profit in 2023 will be 30.4982 million yuan, a year-on-year increase of 165.96%, and it is planned to distribute a cash dividend of 3.999 yuan for every 10 shares to increase by 1.5 shares;

Shuangxing Seeds: net profit in 2023 will be 22.8964 million yuan, a year-on-year increase of 30.37%;

Red industry: net profit in 2023 will be 19.9537 million yuan, a year-on-year decrease of 0.59%;

Surun Seeds: Net profit in 2023 will be 11.0512 million yuan, a year-on-year increase of 20.81%;

Zhongjiang Seeds: Net profit in 2023 will be 3.3882 million yuan, turning losses into profits year-on-year;

Huafeng Seeds: Net profit in 2023 will be 570,400 yuan, a year-on-year increase of 10.95%.

Recently, what are the new trends of major seed industry companies?

01

On April 30, Lvheng Technology Group Co., Ltd. announced that in order to further integrate industry resources and improve the business layout of vegetable seed industry, the company plans to acquire 60% of the shares of Hunan Xiangmeizi Agricultural Technology Co., Ltd., with a transaction price of 30 million yuan. Lvheng Technology said in the announcement that the company is focusing on its main business, striving to promote the development of vegetable seed business, continuing to increase investment in capital and resource elements in the vegetable seed industry, and prudently carrying out mergers and acquisitions of high-quality vegetable seed companies. Xiangmeizi has strong vegetable breeding and research and development capabilities, and has a leading market share in subdivided products such as winter melon, vegetable pepper and cabbage moss, which can effectively complement the company's existing products and markets. After the completion of the acquisition, it will effectively supplement and enrich the company's vegetable seed research and development data and the number of varieties, optimize the company's seed industry layout in central and southern China, and enhance the profitability and market competitiveness of the company's vegetable seeds. The company is mainly engaged in the research and development, production and sales of pesticide products and vegetable seeds. Pesticide products mainly include fungicides, herbicides and insecticides, and vegetable seed products mainly include eggplant fruits, melon beans, leafy vegetables and fresh corn seeds. Up to now, the company has a total of 37 new plant variety rights, 15 crop approved varieties, 171 crop registered varieties, 4 pesticide active drug registration certificates, 98 pesticide preparation registration certificates, and 58 patent rights. In terms of performance, in 2023, the company will achieve a total operating income of 422 million yuan, a year-on-year increase of 8.9%, and a net profit attributable to shareholders of listed companies of 51.38 million yuan, a year-on-year increase of 7.48%.

02 Qiule Seeds: Plans to expand the northern and southwest spring corn markets through mergers and acquisitionsOn April 26, Qiule Seeds disclosed a record of investor relations activities, Chairman Hou Chuanwei, director, secretary of the board of directors and financial director Li Min and other investors exchanged. "The company's main variety Qiule 368 is in the process of national approval and testing, and whether it can be approved still needs to wait for the relevant national approval policies; another 2 corn varieties have completed the transformation of transgenic-related traits and plan to participate in the national transgenic test in 2024; and 14 corn varieties are in the different stages of transformation of transgenic-related traits. Qiule Seed Industry said in the annual report that the company's production and operation are currently good, and the operating income and net profit in 2023 have increased significantly compared with the same period last year, and continuous dividends will be paid. Subsequently, the company's management will continue to strive to improve the company's profitability and corporate governance level, and strive to give back to investors with good performance. According to reports, the company will continue to take the integration of seed breeding, multiplication and promotion as the core of operation, take corn seeds as the leading product, and the company has the intention of merger and reorganization of seed enterprises with variety resource advantages and regional sales advantages, so as to expand the spring corn market in the north and southwest; The budget target for 2023 is to have an operating income of 480 million yuan and a net profit of 66 million yuan, and to achieve an operating income of 534 million yuan and a net profit of 79.42 million yuan in 2023, with completion rates of 110% and 120% respectively. In 2024, it is expected that the performance will increase compared to 2023, and whether it can be realized depends on various factors such as market conditions, and there is great uncertainty. 03 Kenfeng Seeds: A loss of 137 million yuan in 2023, a year-on-year profit turned into a lossOn April 29, Kenfeng Seeds, a new third board, released its 2023 annual report performance report. From January 1, 2023 to December 31, 2023, the company achieved operating income of 1.896 billion yuan, a year-on-year increase of 0.40%, a net loss of 137 million yuan, a year-on-year profit turned into a loss, a net profit of 14.8238 million yuan in the same period last year, and a basic earnings per share of -0.2900 yuan. Kenfeng Seed Industry, the full name of the company is Beidahuang Kenfeng Seed Industry Co., Ltd., established on July 4, 2007, the current general manager Liu Hui, the main business is corn, rice, soybean and other crop seeds research and development, production, processing, sales and service. 04 Meiao Seeds: The net profit in 2023 will be 30.4982 million yuan, a year-on-year increase of 165.96%, and it is planned to distribute a cash dividend of 3.999 yuan for every 10 shares to increase by 1.5 shares On April 29, the new third board Meiao Seeds released the 2023 annual report performance report. From January 1, 2023 to December 31, 2023, the company achieved operating income of 64.9182 million yuan, a year-on-year increase of 42.85%, a net profit of 30.4982 million yuan, a year-on-year increase of 165.96%, and basic earnings per share of 0.8600 yuan. The company's equity distribution plan is as follows: as of the date of the board of directors meeting to review the equity distribution plan, the company's total share capital is 35,300,000 shares, and the number of shares to be distributed is 35, Based on 300,000 shares (if there are treasury shares or not distributed to all shareholders, the number of treasury shares or shares not participating in the distribution shall be deducted), a cash dividend of RMB 3.399 (tax included) will be distributed to shareholders participating in the distribution with undistributed profits, and 1.5 shares will be converted from capital reserve to shareholders participating in the distribution (of which the capital reserve formed by the premium of the stock issuance shall be increased by 0 shares for every 10 shares; and the capital reserve shall be increased by 1.5 shares for every 10 shares with other capital reserves). The equity distribution is expected to distribute a total cash dividend of 11,998,470.00 yuan, an increase of 5,295,000 shares, if the number of shares to be distributed on the equity registration date is inconsistent with the number of shares to be distributed in the equity distribution plan, the company will maintain the total amount of distribution unchanged, and adjust the distribution ratio accordingly, and will issue an announcement to explain the adjusted distribution ratio in the future. The actual distribution result is subject to the accounting result of China Securities Depository and Clearing Corporation Limited. Meiao Seeds, the full name of the company is Zhejiang Meizhiao Seed Industry Co., Ltd., was established on June 27, 2006, the current general manager Xiao Jiancheng, the main business is melon and vegetable breeding technology research and development, new varieties of melon and vegetable breeding, melon and vegetable seed production, processing and sales and melon and vegetable planting technology services. 05 Shuangxing Seeds: Net profit in 2023 will be 22.8964 million yuan, a year-on-year increase of 30.37%

On April 29, the New Third Board Shuangxing Seed Industry released its 2023 annual report performance report. From January 1, 2023 to December 31, 2023, the company achieved operating income of 69.7721 million yuan, a year-on-year increase of 29.69%, net profit of 22.8964 million yuan, a year-on-year increase of 30.37%, and basic earnings per share of 1.0800 yuan. Shuangxing Seeds, the full name of the company is Hebei Shuangxing Seed Industry Co., Ltd., founded on December 5, 2006, the current general manager Dang Jige, the main business is the production, processing, packaging, wholesale and retail of sunflowers, melons, watermelons and non-registered vegetable seeds, and provides customers with a series of services such as seed cultivation consultation and follow-up field management, fertilization, pest control and other agricultural technical support and supporting base management. 06 Red Industry: Net profit in 2023 will be 19.9537 million yuan, a year-on-year decrease of 0.59%

On April 29, the new third board red industry released the 2023 annual report performance report. From January 1, 2023 to December 31, 2023, the company achieved operating income of 95.201 million yuan, a year-on-year increase of 6.29%, a net profit of 19.9537 million yuan, a year-on-year decrease of 0.59%, and basic earnings per share of 0.3500 yuan. Founded on November 30, 2012, the current general manager Peng Bingsheng is the main business of R&D, breeding, promotion and service of high-quality hybrid rice seeds. 07 Surun Seeds: Net profit in 2023 will be 11.0512 million yuan, a year-on-year increase of 20.81%

On April 26, Surun Seed Industry released its 2023 annual report and performance report. From January 1, 2023 to December 31, 2023, the company achieved an operating income of 38.7466 million yuan, a year-on-year increase of 25.20%, a net profit of 11.0512 million yuan, a year-on-year increase of 20.81%, and basic earnings per share of 1.1100 yuan. Surun Seeds, the full name of the company is Jiangsu Surun Seed Industry Co., Ltd., established on January 23, 2013, the current general manager Gao Haigang, the main business is the scientific research, development, production, promotion and sales of new pepper varieties. 08 Zhongjiang Seeds: The net profit in 2023 will be 3.3882 million yuan, turning losses into profits year-on-year

On April 26, Zhongjiang Seed Industry on the New Third Board released its 2023 annual report performance report. From January 1, 2023 to December 31, 2023, the company achieved an operating income of 316 million yuan, a year-on-year decrease of 23.92%, and a net profit of 3.3882 million yuan, a year-on-year turnaround, compared with a loss of 13.3811 million yuan in the same period last year, and a basic earnings per share of 0.0200 yuan. Zhongjiang Seed Industry, the full name of the company is Jiangsu Zhongjiang Seed Industry Co., Ltd., was established on January 8, 2002, the current general manager Jiang Hongyun, the main business for the research and development, production and sales of crop seeds, and through the wholly-owned subsidiary Jiangsu Luyuan Garden Construction Co., Ltd. to carry out landscaping construction business. 09 Huafeng Seeds: Net profit in 2023 will be 570,400 yuan, a year-on-year increase of 10.95%

On April 26, Huafeng Seed Industry released its 2023 annual report and performance report. From January 1, 2023 to December 31, 2023, the company achieved operating income of 39.47 million yuan, a year-on-year increase of 78.41%, net profit of 570,400 yuan, a year-on-year increase of 10.95%, and basic earnings per share of 0.0200 yuan. Huafeng Seeds, the full name of the company is Jiangsu Dafeng Huafeng Seed Co., Ltd., founded on December 24, 2012, the current general manager Wu Junsheng, the main business is rice, wheat seed production, processing and sales, seed breeding business, rice seeds, wheat seeds, rice, wheat and other agricultural products production, sales and trade business, as well as a small amount of national grain storage and land leasing business.

Source丨Nong Caijun comprehensive arrangement

Editor丨Nong Caijun

Contact Nong Caijun丨18565265490 New Era New Seed Industry Southern Rural Newspaper丨Agricultural Treasure Book

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