牧原股份2023年年度报告摘要（英文版）

Summary of 2023 Annual Report of Muyuan Foods Co., Ltd. 1 Stock Code: 002714 Bond Code: 127045 Stock Abbreviation: Muyuan Foods Bond Abbreviation: Muyuan Convertible Bond Announcement No.: 2024-024 Summary of 2023 Annual Report of Muyuan Foods Co., Ltd. I．Important Notes This summary is abstracted from the 2023 Annual Report of Muyuan Foods Co., Ltd.. Investors may refer to the full text of the report through the media designated by the China Securities Regulatory Commission (CSRC) for further details of the business performance, financial situation and future development plans of Muyuan Foods Co., Ltd. (hereinafter referred to as "the Company"). All directors attended the board meeting on which this report was reviewed. Notes on non-standard audit opinion Applicable Not Applicable Preliminary plan for profit distribution or capitalization of reserves in the reporting period as deliberated by the board Applicable Not Applicable The Company plans no cash dividend distribution, bonus issue, or converting capital reserve into share capital. II. Basic Information of the Company 1. Company Profile Stock abbreviation Muyuan Foods Stock code 002714 Stock Exchange for stock listing Shenzhen Stock Exchange Stock abbreviation before change (if any) None Contact information Secretary of the Board Securities Affairs Representative Name Qin Jun Cao Fang Office Address Longsheng Industrial Park, Wolong District, Nanyang City, Henan Province, China Longsheng Industrial Park, Wolong District, Nanyang City, Henan Province, China Fax 0377-66100053 0377-66100053 Telephone 0377-65239559 0377-65239559 E-Mail myzqb@muyuanfoods.com myzqb@muyuanfoods.com Summary of 2023 Annual Report of Muyuan Foods Co., Ltd. 2 2. Main Business or Products Introduction during the Reporting Period (I) Summary of the Company’s Operation In 2023, the Company sold 63.816 million pigs, including 62.267 million commercial pigs (of which, 13.266 million were sold to the wholly-owned subsidiary Muyuan Meat Co., Ltd. and its subsidiaries), 1.367 million piglets, and 181 thousand breeding pigs. And totally, 13.260 million pigs were slaughtered and 1.405 million tons of fresh and frozen pork products were sold in 2023. As a result, the Company achieved an operating revenue of RMB 110.86 billion yuan in 2023, showing a YOY decrease of 11.19%. Among the total revenue, the revenue attributable to slaughter and meat processing is RMB 21.86 billion yuan, representing a YOY increase of 48.54%. The net profit was RMB -4.17 billion yuan, representing a YOY decrease of 127.91%. In 2023, the Company made continuous efforts in refined management to enhance pig health and production management and improved pig farming results. In 2023, the Company improved its major production indicators, and the annual average full cost of raising a commercial pig was around 15 yuan per kilogram. In the coming years, the Company will continue to make smooth the technical path and optimize production management. With