我们认为，当下优质养殖股的核心矛盾在于成长性而非周期下行风险。在非瘟常态化背景下，猪价高位宽幅震荡或是常态，而由于行业壁垒提高，优质企业超额回报或将提升，此阶段调整正为优质养殖股配置机会。首推牧原股份；重点推荐温氏股份，傲农生物；建议关注正邦科技，新希望，唐人神，金新农。

The report provides market dynamics and trends related to the global veterinary CRO market. In addition, it presents the estimations and forecast of the market. It includes revenue generated from the sales of services such as clinical trials, toxicology, and market authorization & regulatory support. For the purpose of analysis, the global veterinary CRO market is segmented on the basis of service type, animal type, indication, and region. The study estimates the revenue generated from the sale of services such as clinical trials, toxicology, market authorization & regulatory support, and others. By indication, the market is divided into oncology, infectious diseases, neurology, and others. This further provides an understanding of the use of veterinary CRO service types in the market. Moreover, the report covers revenue generated from the sales of veterinary CRO services offered in regions such as North America, Europe, Asia-Pacific and LAMEA.

我国种子行业发展历程已有70年多。这最初始于建国初期，2000年颁布 的《种子法》象征着我国种子行业正式进入市场化时代，2016年颁布的 新《主要农作物品种审定办法》加快种子审定过程，奠定种企的快速发 展的基础。2016年，国家开启农业结构性供给侧改革，优化产业结构。