安徽金种子酒业股份有限公司 2025 年 12 月 18 日 2025 年第三次临时股东大会 会议资料 | 一、程序文件 | | --- | | 二、会议议案 | | 三、附件 | | 对外投资管理制度 142 | 2025 年第三次临时股东大会会议资料 安徽金种子酒业股份有限公司 2025年第三次临时股东大会会议议程 现场会议时间：2025年12月18日14:00 现场会议地点：阜阳市清河东路523号金种子研发大楼9楼会议室 主持人：董事长谢金明先生 表决方式：现场投票与网络投票相结合的方式 一、大会介绍 1、主持人宣布现场会议开始 董事长谢金明先生介绍出席会议的公司董事、监事、高级管理人员、见证律师 等有关人员 2、总经理（代行职责）刘辅弼先生向大会报告出席现场会议的股东、股东代 表及其代表的有表决权的股份数额 3、董事、总工程师杨红文先生宣读会议须知 二、会议议案报告 | 序号 | 议案名称 | 报告人 | | --- | --- | --- | | 1 | 关于不再设立监事会暨修订《公司章程》的议案 | 谢金明 | | 2 | 关于制定、修订公司部分治理制度的议案 | 金彪 | 三、审议、表决 1、与 ...

Group 1 - The core viewpoint of the news is the rise of A-share liquor concept stocks, particularly the surge in Huangtai Liquor, with other companies like Jiu Gui Liquor, Jin Zhong Zi Liquor, She De Liquor, and Shui Jing Fang also experiencing gains [1] - The news highlights the public solicitation of opinions on the "Several Measures to Promote Liquor Sales in Guizhou Province," which includes support for liquor companies to deepen cooperation with financial institutions [1] - Proposed measures include exploring "brand liquor pledge loans" and "liquor income rights financial products" to revitalize company assets and alleviate financial pressure on enterprises [1]

Core Viewpoint - The departure of senior executives from Jinzhongzi Liquor highlights ongoing challenges within the company, which continues to struggle with losses despite some recent revenue growth [1][4][11]. Group 1: Executive Departures - He Wuyong, the vice president of Jinzhongzi, has resigned for personal reasons, marking a significant change in the company's leadership [1]. - He Wuyong was part of the initial management team sent by China Resources after its acquisition of Jinzhongzi in 2022, and he is the latest in a series of departures from this group [3][4]. - The company has seen a total of three senior executives from the "China Resources" team leave within five months, leaving the general manager position vacant for five months [4][11]. Group 2: Financial Performance - Jinzhongzi Liquor reported a 23.92% year-on-year increase in revenue to 1.469 billion yuan in 2023, with a net profit increase of 89.41%, yet it still recorded a loss of 20 million yuan [11]. - In 2024, the company's net profit loss expanded to 257 million yuan, the lowest in nearly a decade, with total revenue dropping below 1 billion yuan [12]. - For the first three quarters of 2023, Jinzhongzi achieved revenue of 630 million yuan, a year-on-year decline of 22.1%, with a corresponding net profit loss of 100 million yuan [12]. Group 3: Market Position and Strategy - Jinzhongzi Liquor, once a leading player in the Anhui liquor market, has struggled to adapt to market changes and has faced significant financial challenges since diversifying its business [5][6]. - The company attempted to refocus on its core liquor business and launched new products to regain market share, but these efforts have not yet yielded significant results [10][11]. - The product structure indicates that Jinzhongzi's path to upward transformation remains unclear, raising questions about future leadership and strategic direction [13].

Group 1 - The core point of the article is the resignation of He Wuyong, the vice president of Jinzhongzi Liquor, amid ongoing leadership changes and the company's struggle to return to profitability [2][5][6] - He Wuyong was part of the initial management team sent by China Resources after its acquisition of Jinzhongzi Liquor in 2022, and his departure marks a significant shift in the company's leadership [4][5] - The company has faced a series of executive departures, with the general manager and financial director also resigning within a short period, leaving the general manager position vacant for five months [5][11] Group 2 - Jinzhongzi Liquor has not yet returned to profitability, continuing to report losses despite a revenue increase of 23.92% to 1.469 billion yuan and a net profit growth of 89.41% in 2023 [11][12] - The company’s revenue for the first three quarters of 2024 is reported at 630 million yuan, a decline of 22.1% year-on-year, with a net profit loss of 100 million yuan [12] - The product structure indicates challenges in the company's upward transformation, with only high-end liquor sales showing growth, while mid-range and low-end liquor sales have declined significantly [12][13]

在家门口都被"嫌弃"的金种子，为何华润偏偏看上了？#华润 提到金种子，安徽本地的一些消费者，已经是"恨铁不成钢"的态度。 而究其原因，部分消费者认为，多年前的金种子还是当地人的"心头好"，如今的金种子产品结构、品质口感、品牌建设等问题重重不说，就连家门口的一 些根据地也已被迎驾贡占领。#金种子 由此可见，如今的这颗金种子，已被打上了"不争气"的标签。 但2022年，华润集团旗下华润战投以13.6亿元收购了金种子酒控股股东49%股权，让市场对金种子多了一份期待，毕竟还是"靠上"了华润这棵大树，往后 发展的资源优势或能更加丰富。 可谁曾想，成为"一家人"三年多时间以来，市场没能等来全新蜕变的金种子，却等来了金种子的"华润系"高管接连"退场"。 难道连起初看中金种子的华润，也对金种子失望透顶了？ 何秀侠、金昊走了，何武勇也走了 今年7月2日，金种子宣布原定任期到2025年11月21日的何秀侠，提前离任董事、战略与ESG委员会委员、提名委员会委员以及总经理职务。#何秀侠 随之9月11日，金种子又宣布财务总监金昊因"工作调整"离任，而新任财务总监则是曾担任金沙酒业财务总监的郭继宝。#金昊 此前，面对前有拿着"高薪"却没 ...

Core Viewpoint - The company announced adjustments to its fundraising investment projects, including content changes and extensions of completion dates for specific projects, in response to current economic conditions and market competition [1][3]. Fundraising Overview - The company raised a total of RMB 576.42 million through a non-public stock issuance, with a net amount of RMB 568.22 million after deducting issuance costs [1]. - The funds were fully received by April 1, 2019, and have been allocated to various investment projects [1]. Project Adjustments and Extensions - The completion dates for the "High-Quality Base Liquor Technology Transformation and Supporting Engineering Project" and the "Marketing System Construction Project" have been extended to December 31, 2027, due to various implementation challenges [3][4]. - The adjustments include optimizing the marketing system project by reducing investments in certain regional operation centers while increasing investments in marketing display centers and online platforms [3][11]. Reasons for Adjustments - The "High-Quality Base Liquor Technology Transformation" project has seen a 90% completion rate but faced delays due to procurement and construction issues [3][4]. - The "Marketing System Construction Project" is ongoing, influenced by intensified industry competition and slow market development, necessitating a strategic review and extension of the project timeline [3][4]. Project Feasibility and Benefits - The technology transformation project is supported by national policies encouraging upgrades in the liquor industry, with expected annual sales revenue of RMB 472.25 million and average annual net profit of RMB 66.10 million upon completion [8][13]. - The marketing system project aims to enhance the company's sales and customer service capabilities, thereby improving brand influence and market reputation [12][13]. Regulatory Compliance - The adjustments to the fundraising projects have been reviewed and approved by the company's board and supervisory committee, ensuring compliance with relevant regulations and safeguarding shareholder interests [15][16][17].

在白酒行业结构性变革期，金种子酒（600199.SH）募投项目再度按下"延期键"。12月3日，公司公告称，将2019年定增募资投向的"优质 基酒技术改造及配套工程项目"和"营销体系建设项目"再度延期，预计2027年12月31日达到可使用状态。据悉，这已是两大项目自2023年 首次延期后的第二次调整。 值得关注的是，公司优质基酒项目已完成90%投入却仍未达到预定可使用状态，营销体系项目投入则不足五成。与此同时，公司计划缩 减线下网点，加码线上直播。 在白酒企业深耕品牌竞争力的当下，这场预计超8年的募投布局，能否助力金种子酒摆脱亏损、突破区域酒企的增长瓶颈呢？ 5.76亿元募投项目二度延期 金种子酒这场始于2019年的募投项目，正面临持续的落地挑战。 不过，受相应配套工程项目及采购设备因招标、施工、验收等多重因素影响，建设周期较长，部分设备还未达到预定可使用状态，质保 金等部分货款也尚未达到相应的支付节点，因此整体项目进度较计划延期。 与此同时，营销体系建设项目募投资金投入进度不足五成。公司称，近年来，受行业竞争加剧、消费疲软、产品竞争力不强、品牌弱化 等多重因素影响，市场开发缓慢，目前公司新产品还在持续推广期， ...

Core Viewpoint - The divestiture of Anhui Jintai Pharmaceutical Co., Ltd. by Jinzhongzi Liquor marks a strategic shift to focus on its core liquor business and alleviate financial pressure, although the effectiveness of this move in reversing the company's ongoing losses remains uncertain [2][4]. Summary by Sections Asset Divestiture - Jinzhongzi Liquor has completed the divestiture of its pharmaceutical business, which has been in progress since April 2024, when it announced the intention to publicly transfer 92% of its stake in Jintai Pharmaceutical [2][3]. - The stake was initially listed at an assessed value of 140 million yuan but was sold for 126 million yuan after a 10% price reduction due to a lack of qualified buyers, indicating a "fire sale" approach [2][3]. - Jintai Pharmaceutical, established in 2000, reported revenues of 161 million yuan and a net profit of 6.19 million yuan in 2024, with a net asset value of 130 million yuan as of September 2025, making the sale price close to its book value [3]. Financial Performance and Challenges - Jinzhongzi Liquor has faced significant financial difficulties, being the only loss-making company among four listed liquor firms in Anhui, with cumulative losses exceeding 600 million yuan from 2021 to 2024 [4]. - In Q3 2025, the company reported a revenue of 144 million yuan, a year-on-year increase of 3.73%, but still incurred a net loss of 28.3 million yuan, indicating that cost-cutting rather than revenue growth was the primary driver of this improvement [4]. - The company has a total interest-bearing debt of 375 million yuan, surpassing its cash reserves, and has experienced negative operating cash flow, with cumulative outflows exceeding 1.2 billion yuan [4]. Strategic Focus and Management Issues - Despite efforts to streamline its product line and focus on high-end liquor, the company has struggled, with high-end liquor sales only increasing by 7.33%, while mid-range and low-end liquor revenues declined by 24% and 23.83%, respectively [4][5]. - Frequent changes in the management team, including the resignation of key executives, have raised concerns about strategic continuity and the integration of new management from shareholder China Resources Group [5].

国元证券股份有限公司（以下简称"国元证券"或"保荐机构"）作为安徽 金种子酒业股份有限公司（以下简称"金种子酒"或"公司"）非公开发行股票 的保荐机构，根据《证券发行上市保荐业务管理办法》、《上市公司募集资金监 管规则》、《上海证券交易所股票上市规则》和《上海证券交易所上市公司自律 监管指引第 1 号——规范运作》等相关法律、法规和规范性文件的规定，对金种 子酒募集资金投资项目调整建设内容并延期事项进行了审慎核查，具体核查情况 如下： 一、公司非公开发行股票募集资金基本情况 经中国证券监督管理委员会《关于核准安徽金种子酒业股份有限公司非公开 发行股票的批复》（证监许可[2018]1633 号）核准，公司向新华基金管理股份 有限公司、付小铜、陕西柳林酒业有限公司等 3 名特定投资者非公开发行人民币 普通股（A 股）10,202.18 万股，每股发行价格人民币 5.65 元，募集资金总额为 人民币 57,642.33 万元，扣除与本次发行有关费用人民币 820.00 万元，公司实 际募集资金净额为人民币 56,822.33 万元。截至 2019 年 4 月 1 日，上述募集资 金已全部到位，并经华普天健会计师事务 ...

安徽金种子酒业股份有限公司 内部控制监督检查制度 （2025 年 12 月修订） 第一章 总则 第一条 为保证安徽金种子酒业股份有限公司（以下简称"公司"）内部控 制制度的有效实施，提高公司经营管理水平和风险防范能力，促进公司可持续 发展，维护投资者的合法权益，根据《公司法》、《证券法》、《企业内部控制基 本规范》等法律、法规和规章以及《上海证券交易所上市公司内部控制指引》 的规定，结合公司实际情况，制订本制度。 第二条 公司应对内部控制的实施情况进行定期和不定期的检查。董事会 和管理层应通过对内部控制实施情况的监督检查，发现内部控制制度是否存在 缺陷和实施中是否存在问题，并应督促相关部门、子公司及时予以改进，确保 内部控制的有效实施。 第三条 公司董事会负责公司内部控制的监督检查工作并授权董事会审计 委员会对内部控制监督检查工作进行指导和协调。 公司审计部门负责内部控制的日常监督检查工作并配备专门的内部控制 监督检查人员。审计部门可直接向董事会或董事会审计委员会报告工作。 第二章 检查的频次、内容、程序和方法 第四条 公司审计部门应在每年度结束后两个月内对公司的内部控制进行 一次持续性监督检查。公司审计部门 ...