The Zhitong Finance App learned that on October 24, A-share agricultural planting concept stocks rose due to news that food security will be taken seriously at the Beijing Seed Industry Conference. As of press release, Dabeinong (002385.SZ) rose more than 5%, while Quanyin Hi-Tech (300087.SZ), Fengle Seed Industry (000713.SZ), Denghai Seed Industry (002041.SZ), Longping Hi-Tech (000998.SZ), and Shennong Technology (300189.SZ) followed suit.

The 30th China Beijing Seed Industry Conference will be held in Beijing's urban sub-center on October 28. This is one of the oldest, largest and most influential exhibitions hosted by the seed industry in China. The conference will host the “Seed Industry Capital” main forum, the Vegetable Seed Industry and Efficient Facility Agriculture Summit, the Corn Seed and Industry Chain Summit, the Livestock and Poultry Seed Industry Summit, the International Seed Industry Forum, etc., bringing together leaders in various fields of the seed industry to discuss the future of development.

CITIC Securities expects that in the next five years, sectors such as seed industry, biological breeding, and grain cultivation will continue to receive strong policy support. The minimum purchase price for wheat and the reserve price for temporary storage wheat were raised, and farmers' income from planting was guaranteed. The industrialization of biological breeding is gradually getting closer, and the seed industry sector is facing high performance and optimized expectations in the competitive pattern. It is recommended to focus on the seed industry and biological breeding sector, and recommend enterprises with leading advantages in the industrialization of biological breeding and leaders in the hybrid corn seed industry with high-quality variety resources.