智通财经APP讯，五谷磨房(01837)发布公告，截至本公告日期，董事会已决议并批准股份奖励计划项下 有关奖励股份的购买计划，据此，公司将根据计划规则并在其规限下，指示及促使受托人不时从公开市 场购买公司现有股份，合共不超过2000万股。 ...

五谷磨房(01837)发布公告，截至本公告日期，董事会已决议并批准股份奖励计划项下有关奖励股份的 购买计划，据此，公司将根据计划规则并在其规限下，指示及促使受托人不时从公开市场购买公司现有 股份，合共不超过2000万股。 ...

格隆汇11月21日丨五谷磨房(01837.HK)公告，截至本公告日期，董事会已决议并批准股份奖励计划项下 有关奖励股份的购买计划，据此，公司将根据计划规则并在其规限下，指示及促使受托人不时从公开市 场购买公司现有股份，合共不超过2000万股。 ...

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聲明，並明確表示概不就因本公告全部或任何部分內 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。 Natural Food International Holding Limited 五谷磨房食品國際控股有限公司 （以存續方式於開曼群島註冊的有限公司） （股份代號：1837） 股東及潛在投資者務請注意，獎勵股份購買計劃將由董事會酌情實施，並須受市場 狀況及監管規定所規限。概不保證有關任何股份購買的時機、數量或價格。股東及 潛在投資者於買賣本公司股份時務須審慎行事。 自願公告 股份獎勵計劃項下的獎勵股份購買計劃 本公告由五谷磨房食品國際控股有限公司（「本公司」，連同其附屬公司統稱「本集 團」）自願作出。 茲提述本公司於2022年3月28日採納的股份獎勵計劃（「股份獎勵計劃」）。股份獎勵計 劃由本公司董事（「董事」）會（「董事會」）根據股份獎勵計劃規則（「計劃規則」）管理。 股份獎勵計劃的主要條款概要及實施細節已載列於本公司於2025年9月12日刊發的 最新中期報告（「 2025年中期報告」）。除文義另有界定 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 呈交日期: 2025年11月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01837 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | 本月底法定/註冊股本總額： USD 50,000 第 1 頁 共 10 頁 v 1.1.1 截至月份: 2025年10月31日 狀態: ...

Core Insights - The trend of "New Chinese Health Products" is gaining popularity among young consumers, particularly the post-95 generation, as evidenced by significant sales growth on platforms like Tmall during the Double 11 shopping festival [1][3]. Group 1: Market Trends - Tmall's Double 11 data shows remarkable growth in sales of "New Chinese Health" products, with items like "Apple Astragalus Water" seeing a 13-fold increase in search volume and "Yam Powder" and "Kudzu Powder" both exceeding 6-fold growth [1]. - The post-95 generation constitutes over 66% of the buyers for new products like "Five Red Powder," which includes ingredients such as red beans and goji berries [1]. - The "New Chinese Health" category is dominated by consumers aged 25-35, particularly for turmeric powder, which has been a top seller in recent years [1]. Group 2: Product Innovations - There is a notable trend towards smaller packaging for health products, making them more convenient for consumers. For instance, small-packaged products like "Cili Juice" and "Apple Astragalus Water" have seen year-on-year growth of 136% and 176%, respectively [3]. - The brand "Shanwangguo" has successfully launched a small-sized packaging of Cili juice, which has become a bestseller, especially with the introduction of a new passion fruit variant [4]. - Established brands like "Wugu Mofang" are also adapting to consumer preferences by offering smaller, more convenient packaging options, such as their walnut powder in single-serving bags [6].

Group 1: Heart Disease Medical Devices - Haitong International maintains an "outperform" rating for Xintai Medical, with a target price of HKD 28.94, highlighting its leadership in congenital heart disease intervention devices and a projected revenue growth of 32.4% year-on-year for H1 2025 [1] Group 2: Express Delivery Services - CITIC Securities maintains a "buy" rating for Jitu Express, noting a 23.1% year-on-year increase in parcel volume in Q3, with Southeast Asia's growth rate reaching 78.7%, driven by cost and efficiency advantages [2] - Shenwan Hongyuan also maintains an "accumulate" rating for Jitu Express, reporting a market share increase to 32.8% and a recovery in domestic express delivery prices, despite a downward revision in profit forecasts [3] Group 3: Healthcare and Medical Services - CITIC Jiantou maintains a "buy" rating for China Resources Medical, indicating that while H1 2025 performance may be pressured by declining average medical insurance fees, the company holds a solid regional leadership position [4] - CITIC Jiantou also maintains a "buy" rating for Weitai Medical, projecting a 63.1% year-on-year revenue growth for H1 2025, with significant narrowing of losses and potential for breakeven by year-end [5] Group 4: Consumer Goods and Retail - Guosen Securities maintains an "outperform" rating for Shangmei Co., with a target price of HKD 120.9, emphasizing strong growth in net profit at a compound annual growth rate of 130% from 2022 to 2024 [6] - Huaxin Securities maintains an "accumulate" rating for Nayuki Tea, benefiting from demand catalyzed by Meituan's delivery subsidies and seasonal effects, with improved profitability through product innovation [7] - Huaxin Securities also maintains a "buy" rating for Wugu Mofang, reporting a 14% revenue growth and an 18% net profit increase for H1 2025, driven by strong performance in offline channels [8] Group 5: Food and Beverage - Guangda Securities maintains an "accumulate" rating for Xiaocaiyuan, noting its position as a leading casual dining chain with a customer price range of HKD 50-70, and plans to expand to 1,000 stores by the end of 2026 [10] - Xibu Securities initiates coverage on China Resources Beverages with an "accumulate" rating and a target price of HKD 15, highlighting a market share of 32.7% and improvements in gross margin through increased self-production [11]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 五谷磨房食品國際控股有限公司 呈交日期: 2025年10月3日 III.已發行股份及/或庫存股份變動詳情 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01837 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD ...

Product Performance - The company reported significant growth in its "Gift of Health" product line, with sales increasing rapidly during the 2025 Chinese Lunar New Year period, marking it as a key growth driver in the reporting period [11]. - The "Black Sesame Series" has become a top-selling product, maintaining its position as the leading item in the functional grain powder category for several years [10]. - The company has successfully launched new products such as "Eight Treasures Sesame Paste" and "Fuling Lily Congee," which performed well in Sam's Club stores during the reporting period [16]. - The "Ancient Formula Series" has shown strong performance, particularly the summer product "No Moisture," which has become a significant growth point [12]. Strategic Initiatives - The company has established strategic partnerships with top research institutions, enhancing its brand credibility and scientific backing for its products [7]. - The company has focused on enhancing its e-commerce presence, utilizing live streaming and social media platforms to increase market penetration and consumer engagement [15]. - The company has implemented a multi-channel strategy, continuing to explore new distribution channels while optimizing existing ones to improve operational efficiency [13]. - The company has emphasized the importance of brand trust and consumer education through innovative marketing strategies and collaborations with professional organizations [8]. Financial Performance - For the six months ended June 30, 2025, the company recorded revenue of RMB 1,134.7 million, an increase of 14.3% compared to RMB 992.4 million for the same period in 2024 [19]. - Gross profit increased from approximately RMB 650.0 million in 2024 to about RMB 743.1 million in the current period, representing a growth of approximately 14.3% [22]. - The company's net profit for the period was approximately RMB 106.8 million, an increase of about 18.4% from RMB 90.1 million in the same period of 2024 [31]. - Operating cash flow for the current period was RMB 150.3 million, compared to RMB 142.2 million in the same period of 2024 [36]. Revenue Breakdown - Offline channel revenue accounted for 60.0% of total revenue, up from 54.0% in the same period of 2024, while online channel revenue decreased to 40.0% from 46.0% [21]. - The company achieved a significant growth of approximately 27.1% in offline channel revenue compared to the same period in 2024, while online channel sales slightly declined [20]. Shareholder Information - Major shareholders include 恒泰信託（香港）有限公司, Paddy Aroma Investment Limited, and Natural Capital Holding Limited, each holding 930,000,000 shares, representing 42.49% of the issued share capital [51]. - PepsiCo, Inc. holds 566,506,000 shares, accounting for 25.88% of the issued share capital [51]. - 杨广宁先生 and Beadvance Investments Limited each hold 150,000,000 shares, representing 6.85% of the issued share capital [51]. Share Option and Award Plans - The total number of shares available for issuance under the share option plan is capped at 222,100,000 shares, which is 10% of the total issued shares as of the listing date and the report date [58]. - The share option plan was approved on November 19, 2018, to incentivize eligible participants for their contributions to the group [55]. - The company adopted a share award scheme on March 28, 2022, aimed at recognizing employee contributions and retaining talent [72]. - The maximum number of shares that can be awarded under the share award scheme is capped at 10% of the company's issued share capital, excluding certain forfeited awards [76]. Cash and Liquidity - The company’s cash and bank deposits increased by approximately 3.9% to RMB 1,154.5 million as of June 30, 2025, from RMB 1,111.6 million as of December 31, 2024 [35]. - Cash and cash equivalents increased significantly to RMB 1,133,270 thousand from RMB 835,197 thousand, showing a strong liquidity position [106]. - The company paid dividends amounting to RMB 79,864,000 during the reporting period, compared to RMB 70,521,000 in the previous year, which is an increase of approximately 13.5% [111]. Operational Efficiency - Selling and distribution expenses increased from approximately RMB 512.2 million in 2024 to about RMB 584.7 million in the current period, primarily due to increased commission and employee compensation expenses [24]. - The group had no major investment or capital asset plans during the reporting period and up to the report date [45]. - The group employed 720 staff as of June 30, 2025, compared to 670 staff as of December 31, 2024 [42]. Compliance and Governance - The board confirmed compliance with the corporate governance code applicable to the group as of June 30, 2025 [48]. - The group had no contingent liabilities as of June 30, 2025, consistent with the previous year [39]. Research and Development - The group reported a research and development cost of RMB 2,570,000 for the six months ended June 30, 2025, down from RMB 3,473,000 in 2024, showing a decrease of 25.9% [121]. Market Presence - The group operates entirely within China, generating 100% of its revenue from this market [117].

呈交日期: 2025年9月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01837 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | | 增加 / 減少 (-) | | | | | | | USD | | | | 本月底結存 | | | 5,000,000,000 | USD | | 0.00001 | USD | | 50,000 | 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年8月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 五谷磨房食品國際控股有限公司 本月底法定/註冊 ...