CHINA SHENGMU (01432) rose over 10%. As of press time, the stock gained 10.00% to HK$0.33, with trading volume of HK$61.415 million.

On the news front, according to the "China Shengmu" WeChat official platform, China Shengmu Organic Dairy Co., Ltd. has been honored with the title of "Benchmark Enterprise for Animal-Friendly Farm Rating Standards" due to its outstanding practices and significant achievements in animal welfare. The company has become one of the first domestic enterprises to receive "animal-friendly" farm certification.

Additionally, the T/CVDA 38-2025 "Animal-Friendly Farm Rating - Dairy Cattle" standard was released at the conference, with China Shengmu serving as one of the main drafting organizations, making important contributions to the formulation of this standard.

Tianfeng Securities stated that raw milk prices continue to bottom out, awaiting a new cycle. Due to the long and inefficient reproduction cycle, the current upward cycle is expected to last for an extended period. The current dairy cattle capacity reduction may be nearing its end, and funding pressure from Q3 silage procurement could accelerate marginal clearance, with raw milk prices expected to bottom out and rebound. Companies with dairy cow resources or adopting a "dairy-beef integration" model demonstrate more outstanding profitability.