Stock Code: 002385 Stock Abbreviation: DaBeiNong Announcement No.: 2026-028
Beijing DaBeiNong Technology Group Co., Ltd. Supplementary Progress Announcement on Commodity Futures Hedging Business
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Beijing DaBeiNong Technology Group Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Progress Announcement on Carrying Out Commodity Futures Hedging Business" on April 8, 2026. This matter is supplemented as follows:
I. Progress of Commodity Futures Hedging Business and its Impact on the Company
According to preliminary statistics from the Company's finance department, from January to March 2026, the investment income confirmed by the Company's commodity futures hedging business totaled approximately RMB 15,160.14 million, of which the hog futures hedging business confirmed investment income totaling approximately RMB 15,616.19 million.
In January-March 2026, the Company's控股子公司 (controlled subsidiary) had a total hog output of 1.351 million head, with hog sales revenue of RMB 1.637 billion. The volume of hog futures hedging accounted for 30-40% of the total hog output. The impact of the Company's hog futures hedging and spot sales gross profit offset on profit is RMB 85 million to RMB 105 million.
II. Other Explanations
The data listed in this announcement are preliminary calculation results from the finance department. The spot sales gross profit does not include the impact of the reversal of biological asset impairment provisions and has not been audited by an auditing firm. The accounting treatment of the above matters and their final impact on the Company's profit and loss shall be subject to the periodic report disclosed by the Company.