Group 1 - The core viewpoint of the news is that Yizhi Konjac has shown significant growth in revenue and net profit in the first half of 2025, driven by effective marketing strategies and increased consumer awareness of konjac's health benefits [1] - In the first half of the year, Yizhi Konjac achieved an operating income of approximately 359 million yuan, representing a year-on-year increase of 37.17% [1] - The net profit attributable to shareholders was approximately 40.92 million yuan, reflecting a year-on-year growth of 23.01%, primarily due to the comprehensive impact of product quantity, pricing, and variety structure [1] Group 2 - Yizhi Konjac specializes in the deep processing of konjac and the research, production, and sales of related products, which are categorized into konjac powder, konjac food, and konjac beauty products [1] - In the first half of the year, the revenue from konjac powder, konjac food, and konjac beauty products was approximately 248 million yuan, 104 million yuan, and 2.12 million yuan, respectively, all showing year-on-year growth [1] - The konjac food segment experienced the highest growth rate of 57.96%, largely due to the significant increase in sales of konjac crystal balls through chain sales channels [1] Group 3 - Konjac crystal balls, made primarily from konjac, are a low-calorie alternative to traditional tapioca pearls, appealing to younger consumers due to their high fiber and low-fat characteristics [2] - The convenience of using konjac crystal balls in chain beverage stores, as they do not require on-site processing, contributes to their rapid growth in application within the beverage industry [2] - The trend of using konjac crystal balls in tea beverages is currently experiencing a high growth rate [2]

Core Insights - The company, Yizhi Konjac, reported a robust half-year performance for 2025, achieving a revenue of 359 million yuan, a year-on-year increase of 37.17%, and a net profit attributable to shareholders of 40.92 million yuan, up 23.01% [1][2] Revenue Growth - Yizhi Konjac specializes in deep processing of konjac and related product development, production, and sales, with major product categories including konjac powder, konjac food, and konjac beauty products [2] - The revenue from konjac powder reached 248 million yuan, a year-on-year increase of 29.77%, while konjac food revenue surged to 104 million yuan, up 57.96%, driven by increased sales of crystal products through chain sales channels [2] Profitability and Cash Flow - The overall gross margin for Yizhi Konjac was 21.75%, slightly higher than the previous year's 21.25%. The company achieved a net profit of 40.92 million yuan, an increase of 23.01%, with a net profit of 34.93 million yuan after excluding non-recurring gains, reflecting an 18.71% growth [2] - Operating cash flow net amount reached 126 million yuan, a significant increase of 36.93%, indicating enhanced sales collection capabilities [2] Market Performance - Domestic sales revenue was 251 million yuan, a year-on-year increase of 36.89%, primarily due to price increases in konjac powder and higher food sales. International sales revenue was 108 million yuan, up 37.81%, driven by strong demand for high-purity konjac gum in markets like Russia and Europe [3] Asset Management - As of the end of the reporting period, total assets amounted to 797 million yuan, a 1.62% increase from the beginning of the year. Cash and cash equivalents doubled to 129 million yuan, representing 16.2% of total assets, indicating strong financial management [3] R&D Investment - Yizhi Konjac continues to strengthen its R&D capabilities, with R&D expenses reaching 13.42 million yuan, a year-on-year increase of 26.84%, and R&D investment accounting for 3.74% of revenue, maintaining a high level [4] - The company holds 85 intellectual property rights, including 28 invention patents, and is recognized as a national high-tech enterprise and a "little giant" enterprise [4] Strategic Focus - The company has ceased its loss-making beauty business to concentrate on its core konjac powder and food segments, optimizing resource allocation to enhance core competitiveness in the industry [5]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [5] Core Views - The company achieved a revenue of 359 million yuan in H1 2025, representing a year-on-year increase of 37.17%, with tea beverage ingredients becoming a new growth driver [7] - The company has a solid foundation in the konjac powder business, with a revenue increase of 30% year-on-year, while the konjac food segment saw a significant growth of 58% year-on-year [7] - The company is focusing on health consumption trends, driving innovation in research and development, and expanding production capacity to build a multi-dimensional product matrix [7] Financial Performance Summary - In H1 2025, the company reported a net profit attributable to shareholders of 40.92 million yuan, up 23.01% year-on-year, with a gross margin of 21.75% [7] - The revenue from konjac powder reached 248 million yuan, accounting for approximately 69% of total revenue, while the konjac food segment generated 104 million yuan, making up about 29% of total revenue [7] - The company’s R&D expenses in H1 2025 amounted to 13.42 million yuan, a year-on-year increase of 26.84% [7] Earnings Forecast and Valuation - The forecasted net profit attributable to shareholders for 2025-2027 is 97 million, 113 million, and 131 million yuan respectively, with corresponding P/E ratios of 51, 43, and 37 [7][8] - The projected revenue for 2025 is 742 million yuan, with a year-on-year growth rate of 20.40% [8] - The company aims to transition from a raw material manufacturer to an application service provider, focusing on expanding its customer base in both B2B and B2C segments [7]

Group 1 - The company, Yizhi Mogua, reported a revenue of 359 million yuan for the first half of 2025, representing a year-on-year growth of 37.17% [1] - The net profit attributable to the parent company reached 40.92 million yuan, showing a year-on-year increase of 23.01% [1]

证券代码：839273 证券简称：一致魔芋 公告编号：2025-096 湖北一致魔芋生物科技股份有限公司 2025 年半年度募集资金存放、管理与实际使用情况的 专项报告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、募集资金基本情况 （一）募集资金总额、净额及资金到账时间 2023 年 1 月 5 日，中国证券监督管理委员会出具《关于同意湖北一致魔芋 生物科技股份有限公司向不特定合格投资者公开发行股票注册的批复》(证监许 可[2023]18 号)，同意公司向不特定合格投资者公开发行股票的注册申请。 公司本次发行价格为 11.38 元/股，发行股数为 1,350.00 万股，募集资金总 额 15,363.00 万元，扣除发行费用募集资金净额为 13,948.57 万元。截至 2023 年 2 月 10 日，上述募集资金已全部到账。天健会计师事务所（特殊普通合伙） 对上述募集资金到位情况进行了审验，并出具了（天健验（2023）10-1 号）《验 资报告》。 2023 年 3 月 28 日，公司向不特定 ...

2025 年 8 月 9 日至 2025 年 8 月 18 日，公司根据相关规定，通过公司内部信 息公示栏对拟认定核心员工名单向全体员工进行公示并征求意见，公示期为 10 天。截至公示期满，公司未收到任何对本次拟认定核心员工提出的异议。 证券代码：839273 证券简称：一致魔芋 公告编号：2025-098 湖北一致魔芋生物科技股份有限公司 关于认定核心员工的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记 载、误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个 别及连带法律责任。 一、本次核心员工的认定程序 湖北一致魔芋生物科技股份有限公司（以下简称"公司"）认定李兮、周珂 共 2 人为公司核心员工，具体内容详见公司于 2025 年 8 月 8 日在北京证券交易所 指定信息披露平台（http://www.bse.cn）披露的《关于对拟认定核心员工进行 公示并征求意见的公告》（公告编号：2025-087）。 具体核查情况如下： 2025 年 8 月 7 日，公司召开第三届董事会薪酬与考核委员会 2025 年第二次 会议、第三届董事会第二十五次会议及第三届监事会第二十四次会议 ...

证券代码：839273 证券简称：一致魔芋 公告编号：2025-097 湖北一致魔芋生物科技股份有限公司 2025 年第四次临时股东会决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 （二）会议出席情况 出席和授权出席本次股东会的股东共 16 人，持有表决权的股份总数 53,260,958 股，占公司有表决权股份总数的 51.70%。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 8 月 23 日 2.会议召开地点：湖北长阳经济开发区长阳大道 438 号公司二楼会议室 3.会议召开方式：本次会议采用现场投票和网络投票相结合方式召开 4.会议召集人：董事会 5.会议主持人：董事长吴平女士 6.召开情况合法合规的说明： 本次会议的召集、召开、议案审议程序等方面符合《公司法》等法律、行政 法规、部门规章、规范性文件和《公司章程》的有关规定。 3.公司董事会秘书出席会议； 4.公司部分高级管理人员列席会议。 二、议案审议情况 （一）审议通过《关于拟认定公司核心员工的议案》 ...

湖北陈守邦律师事务所 关于湖北一致魔芋生物科技股份有限公司 2025 年第四次临时股东会的法律意见书 湖北陈守邦律师事 CHENSHOUBANG LAWFIRM - HUBEI 地址：湖北省宜昌市发展大道 57-6 号三峡云计算中心 B 座 17 层 电话:0717-6900007 邮编:443005 l 湖北陈守邦律师事务所 法律意见书 2025 年第四次临时股东会的法律意见书 致:湖北一致魔芋生物科技股份有限公司 湖北陈守邦律师事务所(以下简称"本所")接受湖北一致魔芋生物科技股 份有限公司(以下简称"公司")的委托,根据《中华人民共和国公司法》(以下 简称"《公司法》")、《中华人民共和国证券法》(以下简称"《证券法》")等法律、 法规、规章和规范性文件以及《湖北一致魔芋生物科技股份有限公司章程》(以 下简称"《公司章程》")的相关规定,指派律师列席公司 2025年第四次临时股东 会(以下简称"本次股东会"),对本次股东会相关事项进行见证,并依法出具本 法律意见书。 本法律意见书仅就本次股东会的召集和召开程序、出席本次股东会现场会议 人员的资格、召集人资格、表决程序及表决结果发表意见,而不对本次股东会所 ...

本公司及监事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 8 月 23 日 证券代码：839273 证券简称：一致魔芋 公告编号：2025-093 湖北一致魔芋生物科技股份有限公司 第三届监事会第二十五次会议决议公告 2.会议召开地点：公司会议室 3.会议召开方式：现场会议 4.发出监事会会议通知的时间和方式：2025 年 8 月 18 日以通讯方式发出 5.会议主持人：监事会主席万静女士 6.召开情况合法、合规、合章程性说明： 本次会议程序符合《公司法》及《公司章程》的有关规定，会议决议为有效 决议。 （二）会议出席情况 会议应出席监事 3 人，出席和授权出席监事 3 人。 2.议案表决结果：同意 3 票；反对 0 票；弃权 0 票。 3.回避表决情况 不涉及关联交易事项，无需回避表决。 本议案无需提交股东会审议。 （二）审议通过《关于 2025 年半年度募集资金存放、管理与实际使用情况的专 项报告的议案》 1.议案内容： 根据《北京证 ...

湖北一致魔芋生物科技股份有限公司 第三届董事会第二十六次会议决议公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 证券代码：839273 证券简称：一致魔芋 公告编号：2025-092 一、会议召开和出席情况 （一）会议召开情况 1.会议召开时间：2025 年 8 月 23 日 2.会议召开地点：湖北长阳经济开发区长阳大道 438 号公司二楼会议室 3.会议召开方式：现场+通讯 4.发出董事会会议通知的时间和方式：2025 年 8 月 18 日以通讯方式发出 5.会议主持人：董事长吴平女士 6.会议列席人员：部分监事 7.召开情况合法、合规、合章程性说明： 本次会议的召集、召开符合《公司法》《公司章程》《董事会议事规则》的相 关规定。 （二）会议出席情况 不涉及关联交易事项，无需回避表决。 会议应出席董事 9 人，出席和授权出席董事 9 人。 董事李力、苟春鹏、彭光伟，独立董事李秉成、罗忆松、钱和因工作原因以 通讯方式参与表决。 二、议案审议情况 （一）审议通过《关于公司 2025 年半年度报告及其 ...