凤祥股份中期报告2024

(A joint stock company incorporated inthe People’s Republic of China with limited liability) CONTENTS目錄 CORPORATE INFORMATIONMAJOR FINANCIAL INDICATORS AND KEY OPERATING DATAMAJOR EVENTSMANAGEMENT DISCUSSION AND ANALYSISCHANGES IN SHARE CAPITAL AND SHAREHOLDINGS OF SUBSTANTIAL SHAREHOLDERSDIRECTORS, SUPERVISORS AND SENIOR MANAGEMENTSIGNIFICANT EVENTSCONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMECONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITIONSCONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITYCONDENSED CONSOLIDATED STATEMENT OF CASH FLOWSNOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS25792426274951535557 Corporate Information公司基本情況 Legal Representative Executive Directors Mr. Shi Lei Corporate Information (Continued)公司基本情況（續） Liumiao Village, Anle Town, Yanggu CountyLiaocheng City, Shandong ProvincePRC Registered Office Liumiao Village, Anle Town, Yanggu CountyLiaocheng City, Shandong ProvincePRC Headquarters in the People’s Republic of China(the “PRC” or “China”) 中國 www.fengxiang.com Company’s Website 31/F, Tower TwoTimes Square1 Matheson StreetCauseway BayHong Kong131 Principal Place of Business in Hong Kong Place of Listing of H SharesH The Stock Exchange of Hong Kong Limited (the “Stock Exchange”)聯交所 FENGXIANG CO Stock Short Name Stock Code 9977 Website of the Stock Exchange for Publishing the Interim Report Liumiao Village, Anle Town, Yanggu CountyLiaocheng City, Shandong ProvincePRC Location where Copies of Interim Report are Kept Corporate Information (Continued)公司基本情況（續） H Share Registrar Computershare Hong Kong Investor Services LimitedShops 1712–1716, 17th FloorHopewell Centre183 Queen’s Road EastWanchaiHong Kong183171712–1716 H Fangda Partners26th Floor, One Exchange Square8 Connaught PlaceCentralHong Kong8126 Fangda Partners24th Floor, HKRI Centre Two, HKRI Taikoo Hui288 Shi Men Yi RoadShanghaiPRC28824 BDO China SHU LUN PAN Certified Public Accountants LLP(Public Interest Entity Auditor recognised in accordance withthe Financial Reporting Accounting Ordinance)No. 61 East Nanjing RoadHuangpu DistrictShanghaiPRC61 Shanghai Pudong Development Bank Co., Ltd. (Liaocheng Branch)China Minsheng Banking Corp., Ltd. (Liaocheng Branch)Agricultural Bank of China Limited (Yanggu Sub-Branch) Major Financial Indicators and Key Operating Data主要財務指標及主要經營數據 本 公 司鳳 祥 股 份本 集 團 The following financial statements, notes and discussion and analysisof Shandong Fengxiang Co., Ltd. (the “Company” or “Fengxiang”together with its subsidiaries, the “Group”) contain certain amounts andpercentage figures that have been subject to rounding adjustments.Accordingly, figures shown as totals in certain tables may not be anarithmetic aggregation of the figures preceding them and all monetaryamounts shown are approximate amounts only. RevenueGross profitProfit before biological assets fair value adjustmentsNet profitNet profit attributable to shareholders ofthe parent companyBasic earning per share(in RMB) Major Financial Indicators and Key Operating Data (Continued)主要財務指標及主要經營數據（續） JANUARY一月 MARCH三月 In January, the “(iShape)” (“iShape”) chicken breast brandwon the grand prize — the 2023 Excellent New Consumer Brand atthe China Retail Eco Conference and 2024 Future Retail New YearCelebration. InMarch,Shandong Fengxiang Food Development Co.,Ltd.was awarded “Liangzhilong 2024 12th China Food IngredientsE-commerce Festival Quality Enterprise Recommendation”. 32024 12024(iShape)優形— 2023 In March, at the Second Wuyue Forum of Broiler Industry andShandongBroiler High Quality Development Conference,theCompanywas awarded the honourary title of“OutstandingEnterprise of White-feathered Broiler European Index” by virtue ofits excellent breeding performance. 3 In February, Shandong Fengxiang Food Development Co., Ltd. received a gratitude letter from the Training Bureau of the GeneralAdministration of Sport of China. The letter specifically pointed out that “(Fovo Foods)” (“Fovo Foods”) had given importantmaterial support to the Training Bureau with high-quality “SportsTraining Bureau National Team Athletes’ Preparation and AssuranceProducts”, and actively contributed to the development of the sports industry with high sense of social responsibility, demonstrating theenterprise’s family and national sentiment and its great love and responsibility. 2(FovoFoods)鳳 祥食 品 FEBRUARY二月 Major Events (Continued)大事記（續） JUNE六月 APRIL四月 InJune,the black garlic flavoured chicken nugget wassuccessfully developed and supplied to customers in bulk. Thecrispy squid ink-flavoured breadcrumb is wrapping around thecrispy and juicy chicken breast with black shell and white meat,the colour of which forms a strong visual aesthetics. Its crunchyand tender meat with light garlic aroma whets people’s appetiteand brings back memories. InApril,the Company held the Fengxiang Postdoctoral Research ProjectReview Meeting passing the opening report of the project of Research on DrugResistance Mecha