优然牧业：中期报告2024

股份代號: 9858（於開曼群島註冊成立的有限公司） 20216189858.HK 202463096151531601,29418,68820246301,796,950DHAA2A2594,79226710,000489,9952023132.4% 24673843444547484980 2024614 20246142024614 • 89 Nexus WayCamana Bay, Grand CaymanKY1-9009, Cayman Islands 169 131 110 Ogier 9858 Ogier Global (Cayman) Limited89 Nexus WayCamana BayGrand Cayman, KY1-9009Cayman Islands https://www.yourandairy.com/ 1617 1.(i)(ii)(iii)(iv)(v)(vi)(vii) 2022年中期2022年中期 個草業生產基地15建立以中國草都阿魯科爾沁旗為核心的優質的粗飼料種植基地 個牧業產業鏈平台、26家線下奶牛超市及7個縣域畜牧服務中心1 產業鏈金融中心、蜂倉物流中心、雲創共享中心、全球採購中心提供超過10,000種奶牛超市養殖耗用品，涵蓋了牧場的各核心業務營運 美國：威斯康辛州中國：和林格爾、清水河 3.4920233.9611.9%202316.6%12.7%202333.9%518.09202322.9% +20239,07710.8%10,055 15 2024630366 20246301796120231231582,7393.2%2024630601,294298,52549.6%202363047.0%2.62023123148.8%0.8202463018,6886,58211,545561 1,796,95020231,437,13825.0%12.6202312.23.3%12.9 i.TPMSOPTPM(JIPM)TPM ii. iii.20AI8,000 iv.511 v.85 GreenFeed9 + 200 476,8652023449,3106.1% +202463015181594,7922023579,6602.6%20210.1%20247FAMI-QSERP • SOP202338%+ •ScienceCitation IndexSCI3 20%30%5117S540412%30%50%48204818 TPM6 15 60%22%85%88%6.53SOP 202463026710,000 202318624.6%232 (i) (ii) 2023673,59727.3%489,9952023132.4%1 13,500OPU-IVF1450,0002,000500 172200100 GCPI2,90018 20244(the American National Association of Animal Breeders)1857100 40601.8 i.2024630400853 ii.8 iii. SQFISO9001ISO22000ChinaGAPISO17025CNASSQF 100 (EHSQ)(QACP)2339S 100% 1867 20245 CNASEHSQ (TMR) AIERPAI 20302050 (VCS)4.96200 (CSA)13CSA2024 2024 + 20239,07710.8%10,055 20236,15718.9%7,32020231,402,48525.6%1,761,3314.1620234.395.2% 20232,9206.3%2,735 20238,5529.1%9,328 20234,41412.1%4,946 2.17202312.9% 20232,57012.0%2,260 20231,56935.3%2,122 20231,5692,122 20232,0932,84923.1%28.3% 20231,7432,375202328.3%32.4% 2023350474202312.0%17.3% 20232,2632,271 202318146.8%265 20231853.6%8 20239099.6%0.3 20233021.1%305(i)(ii)(iii)20233.3%3.0% 20233613.8%37520234.0%3.7% 20233826.4%48 202356217.6%463 20231,206404 20233769.1%63 20231,244467(i)(ii)(iii) i.EBITDA(i)(ii)(iii)(iv)(v)(vi)(vii) ii. 4%02023133 EBITDA EBITDA 3,34320232,666 3,958(i)2,414(ii)1,037(iii)857342 20236,694(i)2,525(ii)4,500(iii)1,188578910 2,199(i)9,670(ii)11,737 20233,816(i)14,008(ii)608(iii)9,316 2024630 20246 30180.8%20231231165.2%15.6100% 20246 301,253202312311,61720231231 20246 3051.73%60.59%61.44%103 20246305% 2024630 20242 19China Genetics Holdings, Ltd.China GeneticsChina Genetics(1)China Genetics97,323,833(2)78,100,0002024219220247 157 2024630 1.2.3. i. ii. iii.2024 iv. 82120237756.0% 2220247520247121.451.60China Genetics97,323,833141,119,558155,385,501(i)2.56%(ii)2.50%66.86%27 20246 30XV(a)XV78(b)352(c) 20246 30336 1.L2.20246303,795,404,0003.800,000,000520,800,0001,320,800,0004.PAGAC Yogurt Holding I LimitedPAG I338,208,651PAGAC Yogurt Holding II LimitedPAG II822,602,530PAG IPAG II PAG Capital LimitedPAG IPAG Asia I LPPAG Asia I LPPAG Asia Capital GP I LimitedPAG Asia I LPPAG Asia Capital GP I Limited338,208,651PAG IIPAG Dairy I LPPAG Dairy I LPPAG Dairy GP I LimitedPAG Dairy I LPPAG Dairy GP I Limited822,602,530PAG Capital LimitedPacific Alliance Group LimitedPacific Alliance Group LimitedPAGPAG34.67%PAG Capital LimitedPacific Alliance Group LimitedPAG1,160,811,181 20246 30336 20216 183,2702,711 20246 30 2024630 2024630 C.2.12024614 C3 3.21 2410 ESGESG ESG2024823ESGESGESGESG 2024614 2024614 youranir@yourandairy.com(www.yourandairy.com) 447920246 30343434 2410 34 • 20248 23 2024630 2024630 2024630 2024630 2024630 2024630 1. 202161889 Nexus Way,Camana Bay, Grand Cayman KY1-9009, Cayman Islands169 2. 34 20246 30111202463020246301212202463012110 3. (i)(ii) 202463020231231 202411 161177 77 20241 17720241231 77 20241231 2024630 4. 4. 2023630 2024630 4. 4. 2024630 4. 10% 5. 6. 7. 2024630 8. 9. 15%[2021]102202240% 25% 10. 11. 2023630 2024630 12. 2023630202212310.022 13. 414,477,0002023630791,828,000 31949,584,0002023630260,912,00040,552,0002023630245,196,000 14. 762,741,000202030,239,0002021 202463031,235,0000.05%0.07% 15. 25 16. 2024630 16. 202463090 90 202463020231231 2024630 20. 1.90%3.55%2023123120247300,000,000300,000,000 21. 2024630 22. 23. 9,669,619,000202363014,008,172,000 24. 25. 1 23 2024630 25. 2024630 25. 25. 2024630 25. 25. 2024630 25. 25. 2024630 25. 20246 30 26. 2024630 26. 26. (g) 27. 2024630 28. 29. 20242 19China Genetics Holdings, Ltd.China Genetics(1)1.45China Genetics97,323,833(2)78,100,0008.50%142,923,000 2024630China Genetics141,119,558142,923,000 20247202471566.86% 20242192024715