VITASOY INT'L回购明细 | 日期 | 回购股数（万股） | 回购最高价（港元） | 回购最低价（港元） | 回购金额（万港元） | | --- | --- | --- | --- | --- | | 2025.11.28 | 171.00 | 6.610 | 6.430 | 1119.61 | | 2025.11.27 | 395.20 | 6.700 | 6.480 | 2592.67 | | 2025.11.26 | 396.20 | 6.790 | 6.510 | 2662.46 | | 2025.10.22 | 23.00 | 8.040 | 8.010 | 184.67 | | 2025.10.21 | 12.00 | 8.040 | 8.040 | 96.48 | | 2025.10.17 | 102.00 | 8.040 | 8.020 | 819.55 | | 2025.10.16 | 2.00 | 8.180 | 8.180 | 16.36 | | 2025.10.15 | 37.60 | 8.180 | 8.100 | 307.09 | | 2025.10.14 | 139.8 ...

VITASOY INT'L(00345)发布公告，于2025年11月28日，该公司斥资1119.61万港元回购171万股。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 維他奶國際集團有限公司 呈交日期： 2025年11月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 00345 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有已發 行股份（不包括 ...

报告期内，维他奶国际来自中国内地的营收和净利润双双下滑，收益下降9.19%至17.78亿港元，净利润 下降12.45%至1.92亿港元。内地市场的收益在维他奶国际整体收益中的占比约55%，净利润占比 63.07%。同时，由于实施成本优化措施抵消了销售额的下降，内地业务于中期财务期间将经营利润率 维持在11%。 对于内地市场的业绩下滑，维他奶国际在财报中解释称：在中国内地市场，植物奶及茶类产品类别增速 正在放缓，消费者现由传统零售渠道转向多种在线平台，包括社交平台及实时电商平台，以及会员制商 店与连锁零食店。由于占我们业务显著份额的传统零售渠道正在放缓，虽然公司正在努力拓展规模的电 商平台及连锁零食店渠道，但带来的增长未能完全抵销上述影响。 值得注意的是，报告期内，维他奶国际来自香港业务（含香港特别行政区、澳门特别行政区及出口）收 入为11.12亿元，同比下降4%；该区域实现净利润1.35亿元，同比下滑15.35%。 报告期内，维他奶国际的总经营费用减少7%至14.41亿元（去年同期为15.55亿元）；市场推广、销售及 分销费用减少2%至港币9.76亿元（去年同期为9.98亿港元）。维他奶国际解释称：主要由于运 ...

Core Viewpoint - On November 27, 39 Hong Kong-listed companies conducted share buybacks, totaling 25.97 million shares and an aggregate amount of HKD 810 million [1][2]. Group 1: Buyback Details - Tencent Holdings repurchased 1.036 million shares for HKD 636 million, with a highest price of HKD 620.00 and a lowest price of HKD 609.00, bringing its total buyback amount for the year to HKD 66.05 billion [1][2]. - China Petroleum & Chemical Corporation (Sinopec) repurchased 9.01 million shares for HKD 40.28 million, with a highest price of HKD 4.52 and a lowest price of HKD 4.42, totaling HKD 1.525 billion in buybacks for the year [1][2]. - VITASOY International repurchased 3.952 million shares for HKD 25.93 million, with a highest price of HKD 6.70 and a lowest price of HKD 6.48, accumulating HKD 331 million in buybacks for the year [1][2]. Group 2: Ranking by Buyback Amount - The highest buyback amount on November 27 was from Tencent Holdings at HKD 636 million, followed by Sinopec at HKD 40.28 million, and VITASOY International among the top [1][2]. - In terms of buyback volume, Sinopec led with 9.01 million shares, followed by China Feihe and VITASOY International with 4 million and 3.952 million shares respectively [1][2].

Core Insights - A total of 30 companies conducted share buybacks on November 27, 2025, with Tencent Holdings (00700) leading in both the number of shares repurchased and the total amount spent [1][2]. Group 1: Buyback Details - Tencent Holdings (00700) repurchased 1.036 million shares for a total of 636 million [2]. - Midea Group (00300) repurchased 1.2524 million shares for approximately 99.9944 million [2]. - China Petroleum & Chemical Corporation (00386) repurchased 9.01 million shares for about 40.2765 million [2]. Group 2: Cumulative Buyback Data - Tencent Holdings has a cumulative buyback of 78.922 million shares, representing 0.859% of its total share capital [2]. - China Flying Crane (06186) has a cumulative buyback of 18.7 million shares, accounting for 2.063% of its total share capital [2]. - VITASOY International (00345) has a cumulative buyback of 13.93 million shares, which is 1.327% of its total share capital [2].

Core Points - VITASOY INT'L has conducted share buybacks, repurchasing 3.952 million shares at prices ranging from HKD 6.480 to HKD 6.700, totaling HKD 25.93 million on November 27 [2] - The stock closed at HKD 6.500 on the same day, reflecting a decline of 3.13%, with a total trading volume of HKD 54.96 million [2] - Since November 26, the company has repurchased a total of 7.914 million shares, amounting to HKD 52.55 million, during which the stock has decreased by 2.69% [2] Buyback Summary - Year-to-date, VITASOY INT'L has executed 48 buybacks, totaling 38.36 million shares and an aggregate buyback amount of HKD 331 million [3] - Detailed buyback transactions include: - November 27: 395.20 thousand shares at a maximum price of HKD 6.700 and a minimum price of HKD 6.480, totaling HKD 25.93 million [3] - November 26: 396.20 thousand shares at a maximum price of HKD 6.790 and a minimum price of HKD 6.510, totaling HKD 26.62 million [3] - Other notable buybacks occurred on October 22, October 21, and earlier dates, with varying amounts and prices [4]

Core Viewpoint - Vitasoy International's performance in the mainland China market has been adversely affected by a previous public relations crisis, leading to a decline in revenue and market competitiveness. Group 1: Financial Performance - For the six months ending September 30, Vitasoy International reported a revenue of HKD 3.227 billion, a year-on-year decrease of 6% [2] - Operating profit was HKD 247 million, down 4% year-on-year, while profit attributable to shareholders slightly increased by 1% to HKD 172 million, largely due to cost-cutting measures that reduced total operating expenses by 7% [2] - Revenue from the mainland market was HKD 1.778 billion, a decline of 9% year-on-year, with a slight decrease in gross margin to 51.1% due to lower product prices and increased promotional spending [3] Group 2: Market Challenges - The decline in Vitasoy's mainland revenue is attributed to a long-standing impact from a public relations crisis in July 2021, which led to significant brand damage and a 22.77% drop in revenue for the 2022 fiscal year [3] - The company has faced ongoing revenue declines in the mainland market, with a slight recovery only expected in the 2025 fiscal year [3] - Vitasoy's product and channel strategies are losing competitiveness in a fiercely competitive mainland market, with traditional retail channels slowing down and consumers shifting towards e-commerce and chain snack stores [4] Group 3: Competitive Landscape - The plant-based milk sector is still growing, but the market growth rate has slowed, with increased competition from both new and established brands [5] - In the tea beverage segment, competition has intensified, particularly with the rise of new brands and the proliferation of chain tea shops, which have impacted Vitasoy's lemon tea sales and market share [5] Group 4: Management and Future Outlook - Since the public relations crisis in July 2021, Vitasoy's leadership has seen two changes, with the founder's second-generation leader, Lo Yau Lee, being 84 years old and not yet retired [6] - Despite short-term challenges in the mainland market, the executive chairman expressed confidence in the long-term growth potential and plans to optimize channels and innovate products, focusing on low-sugar and no-sugar options [6]

维他奶国际主要产品为豆奶和柠檬茶，公司近九成收入来自中国内地和中国香港两大市场。报告期内，集团营收32.27亿港元，同比减少6%；经营溢 利2.47亿港元，同比下滑4%；股东应占溢利微增1%至1.72亿港元，这很大程度上依赖于"降本"，期内公司总经营费用同比减少7%。 营收下滑则主要受内地市场影响。 报告期内，维他奶国际在中国内地营收为17.78亿港元，同比下滑9%，且由于产品售价下降、推广开支增加，公司毛利率轻微下滑至51.1%。 维他奶在内地市场的疲软并非"一日之寒"。 四年前的一场舆论风波，成为维他奶在内地市场的发展转折点。 11月25日晚间，维他奶国际（00345.HK）披露截至9月底的中期业绩。 水芙蓉/摄 维他柠檬茶在便利店的促销活动 左宇/摄 与此同时，饮品的市场竞争正日趋白热化。 植物奶方面，整体行业规模仍在增长，但市场增速已明显放缓，新老品牌混战加剧。OATLY长期占据高端市场份额，伊利、蒙牛等国内巨头相继推 出燕麦奶产品，凭借渠道优势走进大小商超。 茶饮料板块的竞争更为激烈。无糖茶消费需求集中爆发后，新品牌扎堆出头，占据便利店核心位置；蜜雪冰城等连锁现制茶饮店遍地开花，柠檬茶更 是经典单品 ...

Core Viewpoint - Vitasoy International reported a 6% decline in revenue for the first half of the 2025/2026 fiscal year, primarily due to a weak market and intensified competition in the plant-based milk sector, posing challenges for the company's growth [2] Revenue Performance - The company's revenue for the first half of the fiscal year was HKD 3.227 billion, down from the previous year [2] - Revenue from mainland China decreased by 9.19% to HKD 1.778 billion, while net profit fell by 12.45% to HKD 192 million [3] - Mainland China accounts for approximately 55% of Vitasoy's total revenue and 63.07% of its net profit [3] Strategic Initiatives - To counteract declining sales, Vitasoy implemented cost optimization measures, maintaining an operating profit margin of 11% in mainland China [3] - The company introduced innovative products like the "Vitasoy Lemon Tea" to enhance its market share in the ready-to-drink tea category [3] - A price reduction of 10%-15% for Vitasoy Lemon Tea was attempted to respond to industry price wars, resulting in increased market share [3] Market Challenges - Vitasoy's business in Hong Kong also faced growth pressures, with a 4% revenue decline attributed to weak performance in its Vitasoy Tian Di business and adverse weather conditions affecting sales [4] - The company continues to hold a leading position in the non-alcoholic beverage market in Hong Kong, supported by successful product launches [4] Long-term Outlook - Despite short-term challenges, the company remains confident in its long-term growth potential, aiming to increase the proportion of low-sugar or no-added-sugar products to 80% by the 2030/2031 fiscal year [5] - The company is focusing on expanding its presence in southern China and Southeast Asia to capture growth opportunities [6]