Core Viewpoint - Aoyou Dairy's performance in the first half of 2025 shows resilience with revenue growth and significant increases in EBITDA and net profit, driven by strong international market performance and strategic business developments [1][2][4]. Group 1: Financial Performance - In the first half of 2025, Aoyou achieved revenue of approximately RMB 38.87 billion, a year-on-year increase of 5.6% [1] - EBITDA reached approximately RMB 3.98 billion, reflecting a year-on-year growth of 29.7% [1] - Net profit attributable to equity holders was approximately RMB 1.81 billion, up 24.1% year-on-year [1] Group 2: International Business Growth - Aoyou's international business saw explosive growth, with revenue from the overseas market increasing by 65.7% to approximately RMB 4.83 billion [2] - The Middle East remains the largest overseas market, with a revenue increase of 54.2% [2] - North America experienced a revenue surge of over 138.7%, becoming the second-largest source of overseas revenue [2] Group 3: Nutritional Products and Strategic Developments - The nutritional products segment achieved a revenue growth of 7.0%, expanding into overseas markets [3] - Aoyou completed a strategic acquisition of the remaining 50% of the Dutch goat cheese company Amalthea Group B.V., enhancing its supply chain advantages [4] - The company launched a digital can code system to improve product freshness and transparency, which is expected to support long-term sustainable growth [4][6] Group 4: Operational Efficiency and Management - Aoyou improved its sales and distribution expense ratio by 3.8% through enhanced digital marketing and reduced traditional promotional expenses [6] - The overall asset turnover rate improved, with inventory turnover days decreasing by 20 days [6] - The company implemented a new operational philosophy focusing on sales, supply chain, and functions to enhance organizational efficiency [6] Group 5: Research and Innovation - Aoyou hosted an international seminar on goat milk, reinforcing its authority in the field [7] - The company launched four new goat milk raw materials, with three achieving global commercialization [8] - Aoyou is committed to continuous innovation and research to drive future growth and enhance product offerings [8]

8月27日，澳优乳业股份有限公司（股份代号：1717.HK，以下简称"澳优"或"公司"）发布2025年上半年 业绩公告。公告显示：2025年1—6月，澳优实现营业收入约人民币38.87亿元，同比增长5.6%；实现 EBITDA（息税折旧及摊销前利润）约人民币3.98亿元，同比增长29.7%；归属于母公司权益持有人应占 利润约人民币1.81亿元，同比增长24.1%，实现营收利润持续韧性双增长。 值得注意的是，澳优羊奶粉业务海外市场在过去两年保持高双位数复合增长率的基础上，于上半年再攀 高峰，实现同比增长65.7%；营养品业务战略布局全面起势，成为驱动公司发展的重要动力。 来源：环球网 2025年上半年，面对复杂多变的全球经济形势及竞争加剧的中国婴配粉市场环境，澳优稳步推进"奶粉 +营养品"全家营养战略，进一步打造产品力、品牌力、渠道力、数智力及组织力，在消费者的信任、 社会各界的支持和全体澳优人的共同努力下，营收、利润继续保持双增长趋势，以坚韧不拔的毅力和稳 健扎实的步伐迈向高质量发展新阶段。 第二增长引擎强劲发力，海外市场劲涨65.7% 自成立以来，澳优坚持全球化发展路线不动摇。历经多年的战略深耕，国际业务和 ...

Core Insights - Aoyou Dairy achieved a revenue of approximately 3.887 billion yuan in the first half of 2025, representing a year-on-year growth of 5.6% [1] - EBITDA reached about 398 million yuan, showing a significant increase of 29.7% year-on-year [1] - Net profit attributable to equity holders of the parent company was approximately 181 million yuan, up 24.1% year-on-year, indicating sustained growth in both revenue and profit [1] Revenue Growth - Aoyou's overseas milk powder market revenue surged by 65.7% year-on-year, continuing a trend of high double-digit compound growth over the past two years [1] - The international business experienced explosive growth, with revenue from the overseas market for Jiabei Aite increasing by 65.7% to approximately 483 million yuan [1] - The Middle East remains the largest overseas market for Aoyou, with revenue growth of 54.2% year-on-year, while North America saw an increase of over 138.7%, becoming the second-largest revenue source [1] Nutritional Products and Market Position - Nutritional products revenue grew by 7.0% year-on-year, with the business expanding into overseas markets [1] - Aoyou's self-owned brand milk powder business recorded total revenue of approximately 2.826 billion yuan, with goat milk powder business growing by 3.1% [2] - Market share for Aoyou increased by 2.8 percentage points to 30.4% as of June 30, according to Nielsen IQ data [2] Operational Efficiency and Future Outlook - Aoyou implemented a digital can code system for milk powder business and optimized channel inventory levels, improving product freshness and consumer service [2] - The company improved organizational efficiency and effectiveness, leading to a noticeable reduction in sales and distribution expense ratios [2] - Aoyou remains confident in future market development, focusing on consumer-centric strategies and aiming to become the most trusted formula milk powder and nutrition health company globally [2]

北京商报讯（记者 孔文燮）8月27日，澳优披露的2025年半年度财报显示，上半年实现营业收入约为 38.87亿元，同比增长5.6%；实现归属于上市公司股东的净利润约为1.81亿元，同比增长24.1%。 ...

格隆汇8月27日丨澳优(01717.HK)发布公告，2025年中期期间集团整体收入达人民币3,886.8百万元，较 2024年同期人民币3,681.1百万元增长人民币205.7百万元或5.6%。增长主要源于集团自家品牌配方羊奶 粉（自家羊奶粉或佳贝艾特）海外市场表现优异，同比大幅增长65.7%，再次超越市场预期。其次， 2024年10月，集团完成对荷兰羊乳酪公司Amalthea Group B.V.余下50%股份的战略收购。这一重要布局 不仅实现了佳贝艾特核心产品原料的自主可控，更通过新增奶酪产品线进一步丰富集团业务版图，为营 收增长注入新动力。此外，营养品业务的突破亦带来上半年营收的增量。截至2025年上半年，集团录得 公司权益持有人应占利润为人民币180.5百万元，较2024年同期实现24.1%的反弹。 ...

经过历时两年的战略调整与业务优化，本集团收入持续保持稳健增长态势。2025年中期期间本集团整体 收入达38.87亿元，较2024年同期的36.81亿元增长2.06亿元或5.6%。增长主要源于本集团自家品牌配方 羊奶粉("自家羊奶粉"或"佳贝艾特")海外市场表现优异，同比大幅增长65.7%，再次超越市场预期。其 次，2024年10月，本集团完成对荷兰羊乳酪公司 Amalthea Group B.V.(Amalthea)余下50%股份的战略收 购。这一重要布局不仅实现了佳贝艾特核心产品原料的自主可控，更通过新增奶酪产品线进一步丰富本 集团业务版图，为营收增长注入新动力。此外，营养品业务的突破亦带来上半年营收的增量。 于成本费用方面，2025年中期期间，本集团在奋力拼搏业绩的同时，更加精进业务，并同时实施多项费 用管控措施。另一方面，在奶价上涨、欧元升值等多重压力下，本集团持续提升供应链效率，从而达到 有效的成本管控。截至2025年上半年，本集团录得本公司权益持有人应占利润为 1.8亿元，较2024年同 期实现24.1%的反弹。 澳优(01717)发布截至2025年6月30日止6个月中期业绩，该集团取得收入人民币3 ...

经过历时两年的战略调整与业务优化，本集团收入持续保持稳健增长态势。2025年中期期间本集团整体 收入达38.87亿元，较2024年同期的36.81亿元增长2.06亿元或5.6%。增长主要源于本集团自家品牌配方 羊奶粉("自家羊奶粉"或"佳贝艾特")海外市场表现优异，同比大幅增长65.7%，再次超越市场预期。其 次，2024年10月，本集团完成对荷兰羊乳酪公司 Amalthea Group B.V.(Amalthea)余下50%股份的战略收 购。这一重要布局不仅实现了佳贝艾特核心产品原料的自主可控，更通过新增奶酪产品线进一步丰富本 集团业务版图，为营收增长注入新动力。此外，营养品业务的突破亦带来上半年营收的增量。 于成本费用方面，2025年中期期间，本集团在奋力拼搏业绩的同时，更加精进业务，并同时实施多项费 用管控措施。另一方面，在奶价上涨、欧元升值等多重压力下，本集团持续提升供应链效率，从而达到 有效的成本管控。截至2025年上半年，本集团录得本公司权益持有人应占利润为 1.8亿元，较2024年同 期实现24.1%的反弹。 智通财经APP讯，澳优(01717)发布截至2025年6月30日止6个月中期业绩，该集 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 AUSNUTRIA DAIRY CORPORATION LTD 澳優乳業股份有限公 司 （於開曼群島註冊成立之有限公司） （股份編號：1717） 修訂二零二五年採購框架協議下之現有年度上限 修訂二零二五年採購框架協議下之現有年度上限 茲提述本公司日期為二零二四年十二月二十七日之公告，內容有關（其中包括）本公司與伊利實業訂 立二零二五年採購框架協議，年期由二零二五年一月一日起至二零二七年十二月三十一日止。 基於本集團截至二零二五年七月三十一日止七個月之未經審核管理賬目及經營數據，董事會注意 到，截至二零二五年七月三十一日止七個月，二零二五年採購框架協議下之交易金額約為人民幣 33.5百萬元（佔二零二五年度之現有年度上限約83.9%），接近二零二五年度之現有年度上限，且預期 將於年底前超越二零二五年度之現有年度上限。 鑑於上文所述，本公司與伊利實業於二零二五年八月二十七日訂立補充協議，以修訂現有年度上限 （ ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 AUSNUTRIA DAIRY CORPORATION LTD 澳優乳業股份有限公 司 （於開曼群島註冊成立之有限公司） （股份編號：1717） 截至二零二五年六月三十日止六個月之 中期業績 財務摘要 截至六月三十日止六個月 二零二五年 二零二四年 變動 人民幣百萬元 人民幣百萬元 % 收入 3,886.8 3,681.1 5.6 毛利 1,627.7 1,597.7 1.9 毛利率 (%) 41.9 43.4 (1.5)個百分點 EBITDA 397.5 306.4 29.7 本公司權益持有人應佔利潤 180.5 145.4 24.1 截至二零二五年六月三十日止六個月（「二零二五年中期期間」或「二零二五年上半年」），澳優乳業股 份有限公司（「澳優」或「本公司」）及其附屬公司（統稱「本集團」）錄得下列各項： • 收入增加人民幣205.7百萬元或5.6%。 1 本公司董事（「董事」）會（「董事會」）謹此公 ...

Group 1 - The "Summer Gift - Gathering in Changsha" event, co-hosted by local government and companies like JD Group and Ausnutria, aims to enhance consumer experience and promote quality consumption in Changsha [1][3] - The collaboration between JD Group and Ausnutria is designed to provide high-quality nutritional products at more affordable prices, benefiting more families [3][4] - The event features the distribution of consumer vouchers covering over 30,000 mother and baby products from more than 700 brands, offering a 10% discount on the actual payment amount [4][5] Group 2 - Ausnutria's products saw double-digit growth on JD's platform in August, indicating strong consumer recognition and the effectiveness of the event in stimulating market activity [5] - The initiative is part of a broader strategy to elevate local industry capabilities and transform from "product output" to "brand value enhancement," allowing local products to reach a wider national market [5] - Ausnutria plans to leverage this event as a starting point for further technological innovation and quality upgrades, contributing to the "Healthy China" initiative and enhancing consumer health and happiness [5]