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　　优然牧业（09858）早盘上涨5.26%，现报1.6港元，成交额1183.76万港元。

　　华创证券发布研报称，行业量、价仍有空间，供给端壁垒在原奶周期波动中得以强化，行业长端逻辑未变。当前企业逐步去库到位、上游相关各类减值随着去化推进逐步收敛，且企业经营更趋理性务实，板块已走出底部。待原奶周期反转、需求回暖甚至催化提价，板块有望迎来业绩与估值双击机会。关注中小乳企及牧场龙头修复弹性，包括天润乳业、优然牧业、现代牧业等。

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