In "Major Banks," China International Capital Corporation recommends leading companies in the breeding industry such as DEKON AGR and WENS
CICC research report pointed out that the Central Rural Work Conference was held in Beijing from December 29 to 30 last year, analyzing the current situation and challenges faced by the "three rural issues" and deploying the work for the "three rural issues" in 2026. The conference upgraded the expression of "ensuring stable grain production and supply" to "stabilizing grain and oil production," reflecting an increased emphasis on oilseed crops, which have a high degree of external dependence. Under the hard constraints of arable land and labor resources, strengthening agricultural science and technology equipment to support comprehensive agricultural production capacity is key.
CICC stated that the conference emphasized the need to "expand the channels and methods for farmers to participate in industrial development and improve the mechanism for linking farmers with agriculture," believing that the model of linking farmers with agriculture is an effective way to integrate the resources and advantages of leading enterprises, government departments, and farmers into a win-win situation, as well as an inevitable move to optimize industrial resources and enhance industrial efficiency. Leading enterprises are expected to deeply empower farmers by outputting technological achievements, scale advantages, and management experience, opening up a second growth curve.
CICC recommends leading companies in the breeding industry such as WENS (300498.SZ), Haida Group (002311.SZ), DEKON AGR (02419.HK), and Shengnong Development (002299.SZ), with target prices of RMB 25, RMB 62, HKD 111, and RMB 22 respectively, rating them as "outperforming the industry"; and recommends leading agricultural technology companies such as Longping High-Tech (000998.SZ) and Topcloud Agricultural (301556.SZ), with target prices of RMB 12 and RMB 130 respectively, rating them as "outperforming the industry."
