新疆伊力特实业股份有限公司非金融企业债务融资 工具信息披露事务管理制度 第一章 总则 第一条 为规范新疆伊力特实业股份有限公司（以下简称"公 司"）在银行间债券市场发行非金融企业债务融资工具的信息披 露行为，加强信息披露事务管理，促进公司依法规范运作，保护 投资者合法权益，公司根据中国人民银行《银行间债券市场非金 融企业债务融资工具管理办法》、中国银行间市场交易商协会《银 行间债券市场非金融企业债务融资工具信息披露规则》及相关法 律法规，制定本制度。 第二条 本制度所称非金融企业债务融资工具（以下简称"债 务融资工具"），是指公司在中国银行间债券市场发行的，约定 在一定期限内还本付息的有价证券。债务融资工具发行及存续期 的信息披露适用本制度。法律法规或交易商协会另有规定的，从 其规定。 本制度所称"信息"是指公司作为中国银行间市场交易商协 会（以下简称"交易商协会"）的注册会员，在债务融资工具发 行及存续期内，对发行债务融资工具的非金融企业偿债能力或投 资者权益可能有重大影响的信息以及债务融资工具监管部门要 求披露的信息。 本制度所称"信息披露"是指按照法律、法规和交易商协会 规定要求披露的信息，在规定时间内 ...

新疆伊力特实业股份有限公司续聘会计师事务所的公告 证券简称：伊力特 股票代码：600197 公告编号：2025-033 一、拟聘任会计师事务所的基本情况 （一）机构信息 重要内容提示： 拟聘任的会计师事务所名称：天健会计师事务所（特殊普通合伙）（以 下简称"天健"） 1.基本信息 | 事务所名称 | | 天健会计师事务所（特殊普通合伙） | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 成立日期 | | 2011 年 7 18 组织形式 | 月 | 日 | | | 特殊普通合伙 | | | 注册地址 | | 浙江省杭州市西湖区灵隐街道西溪路 128 | | | 号 | | | | | 首席合伙人 | | 钟建国 2024 年末合伙人数量 | | | | | 241 | 人 | | 2024 | 年末执业 | 注册会计师 | | | | | 2,356 | 人 | | 人员数量 | | 签署过证券服务业务审计报告的注册会计师 | | | | | 904 | 人 | | 2024 | 年（经审 | 业务收入总额 29.6 ...

证券代码：600197 证券简称：伊力特 公告编号：2025-035 一、 召开会议的基本情况 (一)股东会类型和届次 2025年第一次临时股东会 (二)股东会召集人：董事会 (三)投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合的方 式 新疆伊力特实业股份有限公司 关于召开2025年第一次临时股东会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： (四)现场会议召开的日期、时间和地点 召开的日期时间：2025 年 8 月 27 日 10 点 30 分 召开地点：乌鲁木齐市水磨沟区会展大道 1119 号大成尔雅 A 座 20 楼公司会 议室 (五)网络投票的系统、起止日期和投票时间。 股东会召开日期：2025年8月27日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 8 月 27 日 至2025 年 8 月 27 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开 ...

证券简称：伊力特 股票代码：600197 公告编号：2025-032 新疆伊力特实业股份有限公司九届十六次董事会会议决议公告 新疆伊力特实业股份有限公司 九届十六次董事会会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 新疆伊力特实业股份有限公司 2025 年 8 月 5 日以邮件方式发出召开公司九 届十六次董事会会议的通知，2025 年 8 月 11 日公司以通讯方式召开公司九届十 六次董事会会议，应参会董事 7 人，实际参会董事 7 人。会议的召集、召开符合 《公司法》及《公司章程》的规定，会议所做决议合法有效。会议审议通过了以 下议案： 公司董事会经审议同意公司向中国银行间市场交易商协会申请注册发行不 超过人民币 20 亿元（含 20 亿元）的债务融资工具。债务融资工具品种包括但不 限于超短期融资券、短期融资券、中期票据等品种。募集资金用于补充公司及下 属子公司流动资金、偿还公司及下属子公司债务或其他符合国家法律法规、产业 政策的用途。 本议案事前已经公司董事会审计委员会审议通过，尚需提交公司股东会审议。 相 ...

Core Viewpoint - The A-share market is witnessing a strong performance in the liquor sector, particularly with notable gains in stocks such as Gujing Gongjiu, Yilite, and Shanxi Fenjiu, indicating a positive trend in the industry [1] Industry Summary - The liquor stocks have shown significant increases, with Gujing Gongjiu rising over 6%, Yilite over 5%, and several others including Shanxi Fenjiu and Yingjia Gongjiu rising over 4% [1] - Guotai Junan Securities has released a report indicating that policy variables are accelerating the clearing process in the liquor industry, with expectations that the industry will reach its performance bottom by the first half of 2026 [1] - The report suggests that liquor stock prices may experience a trend reversal ahead of demand-side changes, indicating a potential early recovery in the market [1] - The industry logic is undergoing a transformation, with market share logic gradually replacing volume and price logic, suggesting a shift in how the industry operates [1] - The long-term perspective highlights the potential of liquor as a "quasi-debt asset," emphasizing its stability and investment appeal [1]

Core Viewpoint - The white liquor sector continues to show weak rebound momentum due to persistent demand-side issues, with the Wind white liquor index rising only 0.78% this week, significantly lower than the Shanghai and Shenzhen indices [1] Industry Summary - The white liquor sector is transitioning from a volume-price logic to a share logic, leading to weakened growth potential for most stocks in the sector. White liquor may no longer be considered a cyclical growth stock, with a few stocks becoming "quasi-debt assets" due to competitive advantages, making stable ROE increasingly important for pricing [1][5] - Despite a slight increase in the white liquor index this week, several companies, including Jinshiyuan, Shunxin Agriculture, Jinzongzi Liquor, Shede Liquor, and Huangtai Liquor, saw their stock prices decline. Jinshiyuan reported significant operational difficulties, indicating that the industry is unlikely to see a turnaround in the short term [4][5] Company-Specific Summary - *ST Yanshi and *ST Yedao have experienced significant stock price fluctuations due to restructuring expectations, with market speculation evident [3] - *ST Yanshi's actual controller is under criminal investigation, which may lead to a change in company control if the judicial disposition of his shares occurs. *ST Yedao is backed by state-owned assets in Haikou, with the CSRC supporting state-led restructuring of troubled companies [4] - Jinshiyuan has reported a decline in terminal sales growth in June and July compared to April and May, primarily due to policy factors and seasonal influences. The company anticipates a substantial industry recovery may not occur until the second half of 2026 [5]

Core Viewpoint - The stock of Yili Te (600197) has shown a slight decline, with recent financial data indicating a decrease in revenue and net profit, raising concerns about its performance in the liquor industry [1][2]. Financial Performance - As of August 7, 2025, Yili Te's stock closed at 14.74 yuan, down 0.07%, with a trading volume of 30,000 hands and a transaction amount of 44.16 million yuan [1]. - The company's Q1 2025 report shows a main revenue of 796 million yuan, a year-on-year decrease of 4.32%, and a net profit of 144 million yuan, down 9.29% year-on-year [2]. - The company's gross profit margin stands at 48.77%, which is lower than the industry average of 56.67% [2]. Market Position - Yili Te's total market value is 6.975 billion yuan, significantly lower than the industry average of 90.036 billion yuan, ranking 24th out of 37 in the sector [2]. - The company has a price-to-earnings ratio of 12.09, which is more favorable compared to the industry average of 44.48, ranking 11th in the industry [2]. - The net asset value is 1.409 billion yuan, with a debt ratio of 23.97% [2]. Investor Sentiment - In the last 90 days, six institutions have rated the stock, with four giving a buy rating and two an increase rating, indicating a generally positive outlook among analysts [3].

Market Performance - The Shanghai and Shenzhen 300 Index increased by 1.23%, while the Shenwan Food and Beverage Index rose by 0.68% during the period from August 4 to August 8, 2025 [1]. Institutional Insights - Guohai Securities maintains a "recommended" rating for the food and beverage sector, citing recent policy measures that are expected to improve macroeconomic expectations and enhance both valuation and performance in the sector [2]. - Zhongyuan Securities suggests focusing on investment opportunities in the white liquor, soft drinks, health products, baking, and snacks sectors, with a recommended stock portfolio including brands like Yingjia Gongjiu and Luzhou Laojiao [3]. Regulatory Developments - The State Administration for Market Regulation has drafted a regulation concerning food safety responsibilities for food sales chain enterprises, emphasizing risk prevention and management responsibilities at various levels [4]. - A joint reminder from the State Administration for Market Regulation and the China Consumers Association warns consumers against believing health claims made by ordinary food products [5]. Industry Trends - The market for light bottle liquor is projected to exceed 150 billion yuan in 2024 and is expected to surpass 200 billion yuan in 2025, with increased competition in lower-tier markets [8]. - The export value of Zunyi liquor (excluding Moutai Group) reached 39.81 million yuan, showing a year-on-year increase of 870.82%, driven by policies supporting international market expansion [9]. Company News - Moutai Group has announced the cessation of production for Taiyuan liquor to optimize its product structure and enhance market competitiveness [11]. - Tianyoude Liquor plans to invest 160 million yuan in building a winery in Tibet as part of its strategy to overcome current financial challenges [12]. - Yingjia Gongjiu has established a new biotechnology company with an investment of 8 million yuan, focusing on technology promotion and application services [13].

Core Insights - The light bottle liquor market in China is experiencing intense competition, with major brands like Yanghe, Yilite, and Yangshao launching new products priced under 60 yuan, aiming for national expansion [1][2] - The market size of the light bottle liquor industry has grown from 35.2 billion yuan in 2013 to 98.8 billion yuan in 2021, with projections to exceed 150 billion yuan by 2024 and 200 billion yuan by 2025 [1][3] - The shift towards rational consumption and the demand for high cost-performance products are driving the growth of the light bottle liquor segment, as consumers prioritize quality and price [3][4] Industry Trends - The light bottle liquor segment is becoming a key focus for many liquor companies as they adapt to changing consumer preferences and market conditions [3][4] - The introduction of new national standards is expected to eliminate inferior products, further enhancing the quality of light bottle liquors [3][4] - The competition in the light bottle liquor market is intensifying, with numerous brands vying for market share, particularly in lower-tier cities [4][5] Company Strategies - Yilite has launched its light bottle liquor strategy with products priced at 28 yuan and 35 yuan, aiming for a national presence by 2028 [1][2] - Yanghe's new product, Yanghe Daqu, is positioned as a strategic offering to capture the expanding light bottle liquor market, leveraging its extensive distribution network [2][5] - Companies are increasingly focusing on direct-to-consumer (To C) strategies, requiring strong communication capabilities to reach consumers effectively [6][7] Market Dynamics - The light bottle liquor market is characterized by a high density of competition, with established brands like Shunpinlang and Green Neck Xifeng dominating in lower-tier markets [4][5] - The market is witnessing a trend of brands utilizing innovative marketing strategies, such as collaborations with e-commerce platforms and community group buying, to enhance market penetration [6][7] - The rise of instant retail and digital supply chains is seen as a critical factor for the future growth of the light bottle liquor segment [6][7]

Market Overview - On August 1, the Xinjiang state-owned enterprise reform sector rose by 2.15%, led by Tianfu Energy [1] - The Shanghai Composite Index closed at 3559.95, down 0.37%, while the Shenzhen Component Index closed at 10991.32, down 0.17% [1] Stock Performance - Tianfu Energy (600509) closed at 6.59 with a gain of 2.01%, trading volume of 344,200 shares and a turnover of 227 million yuan [1] - Other notable stocks included Tiankang Biological (002100) with a 0.63% increase, and ST Zhongji (000972) with a 0.31% increase [1] - The overall performance of the Xinjiang state-owned enterprise reform sector showed mixed results, with some stocks experiencing slight declines [1] Capital Flow - The Xinjiang state-owned enterprise reform sector saw a net outflow of 441 million yuan from institutional investors, while retail investors contributed a net inflow of 214 million yuan [2] - The sector's capital flow indicates a divergence in investor sentiment, with institutional investors pulling back while retail investors remained active [2] Individual Stock Capital Flow - Qing Song Jian Hua (600425) had a net inflow of 14.21 million yuan from institutional investors, while Tianfu Energy (600509) saw a net inflow of 9.14 million yuan [3] - Conversely, stocks like Yili Te (600197) and Tiankang Biological (002100) experienced net outflows from institutional investors, indicating varying levels of confidence among different stocks [3]