证券代码：600298 证券简称：安琪酵母 公告编号：2025-090 号 由于公司本次回购注销部分限制性股票将导致注册资本减 少，根据《中华人民共和国公司法》等相关规定，公司债权人自 接到公司通知起30日内、未接到通知者自本公告披露之日起45 日内向本公司申报债权，并有权凭有效债权文件及相关凭证要求 公司清偿债务或者提供相应担保。债权人如逾期未向公司申报债 权，不会因此影响其债权的有效性，相关债务义务将由公司根据 原债权文件的约定继续履行。公司本次回购注销将按法定程序继 续实施。 公司债权人如要求公司清偿债务或提供相应担保的，应根据 《中华人民共和国公司法》等法律、法规的有关规定向公司提出 书面要求，并随附有关证明文件。 债权人可采用信函或传真的方式申报，债权申报所需材料： 公司债权人可持证明债权债务关系存在的合同、协议及其他凭证 的原件及复印件到公司申报债权。债权人为法人的，需同时携带 法人营业执照副本原件及复印件、法定代表人身份证明文件；委 托他人申报的，除上述文件外，还需携带法定代表人授权委托书 和代理人有效身份证的原件及复印件。债权人为自然人的，需同 时携带有效身份证的原件及复印件；委托他人申报的， ...

安琪酵母股份有限公司（以下简称公司）于2025年10月28 日召开第十届董事会第七次会议，审议通过了《关于回购注销 2024年限制性股票激励计划部分限制性股票及调整回购价格的 议案》。根据公司《2024年限制性股票激励计划（草案）》（以 下简称《激励计划》）的规定，同意公司回购注销2024年度限制 性股票激励计划（以下简称本激励计划）中已不符合激励条件的 7名激励对象持有的80,000股限制性股票，现将有关事项公告如 下： 一、已履行的决策程序和信息披露情况 1.2024 年 6 月 2 日，公司召开第九届董事会第二十九次会 限制性股票回购数量：80,000 股 限制性股票回购价格：14.86 元/股 证券代码：600298 证券简称：安琪酵母 公告编号：2025-089 号 安琪酵母股份有限公司 议及第九届监事会第二十八次会议，分别审议通过了《关于公司 〈2024 年限制性股票激励计划（草案）〉及其摘要的议案》等 相关议案，监事会发表了核查意见，公司聘请的律师及独立财务 顾问分别出具了法律意见书及独立财务顾问报告。 2.2024 年 6 月 26 日，公司收到控股股东湖北安琪生物集团 有限公司转发的宜昌市人 ...

上海市锦天城律师事务所 关于安琪酵母股份有限公司 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 整回购价格相关事项 之 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11、12 楼 电话：021-20511000 传真：021-20511999 邮编：200120 回购注销 2024 年限制性股票激励计划部分限制性股票及调 回购注销 2024 年限制性股票激励计划部分限制性股票及调整回购价 关于安琪酵母股份有限公司 格相关事项 之 法律意见书 致：安琪酵母股份有限公司 第一部分 引言 上海市锦天城律师事务所（以下简称"本所"）接受安琪酵母股份有限公司 （以下简称"安琪酵母"或"公司"）委托，指派沈诚、朱怡静律师（以下简称 "经办律师"、"本所律师"）担任公司 2024 年限制性股票激励计划所涉本次 回购注销部分限制性股票事项（以下简称"本次回购注销"） 及调整回购价格 （以下简称"本次调整价格"）并与本次调整价格合称"本次回购注销与调整价 格"）的专项法律顾问，并出具本法律意见书。 本所及经办律师依据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法 ...

安琪酵母股份有限公司 2025 年第三季度报告 证券代码：600298 证券简称：安琪酵母 安琪酵母股份有限公司 2025 年第三季度报告 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。 重要内容提示： 公司董事会及董事、高级管理人员保证季度报告内容的真实、准确、完整，不存在虚假记载、误 导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第三季度财务报表是否经审计 □是 √否 一、主要财务数据 （一） 主要会计数据和财务指标 | | | 单位：元 | 币种：人民币 | | | --- | --- | --- | --- | --- | | | | 本报告期比 | 年初至报告期 | | | 项目 | 本报告期 | 上年同期增 年初至报告期末 | 末比上年同期 | | | | | 减变动幅度 | 增减变动幅度 | | | | | (%) | (%) | | | 营业收入 | 3,887,153,650.89 | 4.00 1 ...

Market Overview - The seasoning and fermentation sector increased by 0.37% compared to the previous trading day, with Zhu Laoliu leading the gains [1] - The Shanghai Composite Index closed at 4016.33, up 0.7%, while the Shenzhen Component Index closed at 13691.38, up 1.95% [1] Stock Performance - Zhu Laoliu (code: 920726) closed at 19.28, up 3.54% with a trading volume of 18,300 lots and a transaction value of 34.45 million yuan [1] - Richen Co., Ltd. (code: 603755) closed at 34.71, up 2.30% with a trading volume of 19,300 lots and a transaction value of 65.70 million yuan [1] - Angel Yeast (code: 600298) closed at 41.00, up 2.27% with a trading volume of 75,000 lots and a transaction value of 306 million yuan [1] - Other notable stocks include Zhongjing Food (code: 300908) up 1.46%, ST Jiajia (code: 002650) up 1.14%, and Tianwei Food (code: 603317) up 1.06% [1] Capital Flow - The seasoning and fermentation sector experienced a net outflow of 60.96 million yuan from institutional investors, while retail investors saw a net inflow of 48.05 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Zhongjing Food saw a net inflow of 10.29 million yuan from institutional investors, while retail investors had a net outflow of 6.36 million yuan [3] - Angel Yeast experienced a net inflow of 0.64 million yuan from institutional investors, with retail investors also seeing a net outflow of 0.48 million yuan [3] - Other stocks like Fuling Pickles and Baoli Food also showed varied capital flows, indicating differing investor sentiments across the sector [3]

Core Insights - Anqi Yeast reported a third-quarter revenue of 3.887 billion yuan, representing a year-on-year growth of 4.00% [1] - The net profit for the third quarter was 317 million yuan, showing a year-on-year increase of 21.00% [1] - For the first three quarters, the total revenue reached 11.786 billion yuan, reflecting a year-on-year growth of 8.01% [1] - The net profit for the first three quarters was 1.116 billion yuan, which is a year-on-year increase of 17.13% [1]

Investment Rating - The report does not provide a specific industry rating but highlights the performance of various sub-sectors within the food and beverage industry [7] Core Insights - The food and beverage sector is currently under pressure, with the SW food and beverage index declining by 1.02%, ranking 30th among 31 sub-industries [12] - The white liquor sector is in a "supply clearing" phase, with expectations of increased pressure in the upcoming quarterly reports, indicating a potential acceleration in industry clearing [16] - The report emphasizes the importance of monitoring the new leadership strategies at Kweichow Moutai following a significant personnel change [16] - The beverage sector shows promising growth, particularly with Eastroc Beverage's strong performance in the first three quarters of 2025, achieving a revenue of 16.844 billion yuan, a year-on-year increase of 34.13% [17] Summary by Sections 1. Sector Performance - The SW food and beverage sector saw a decline of 1.02%, with notable drops in the white liquor, beer, and snack sub-sectors [12] - The top-performing sub-sectors included pre-processed foods, other alcoholic beverages, and meat products, with increases of 1.10%, 0.35%, and 0.33% respectively [12] 2. White Liquor Sector - The SW white liquor index fell by 1.12%, indicating a bottom adjustment phase [16] - The current price for Feitian Moutai is 1,720 yuan, down 30 yuan from the previous week, while the price for Pu'er Moutai is 8,155 yuan, down 5 yuan [16] - Recommended companies in this sector include Kweichow Moutai and Shanxi Fenjiu, which are expected to perform relatively well during the adjustment period [16] 3. Beverage Sector - Eastroc Beverage reported a revenue of 16.844 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 34.13% [17] - The company also saw a net profit of 3.761 billion yuan, up 38.91% year-on-year [17] - Other companies like Jinzai Foods and Qiaqia Foods are facing challenges, with Jinzai reporting a revenue of 1.81 billion yuan, a slight increase of 2.1% year-on-year, but a net profit decline of 19.5% [17][19]

Core Insights - The seasoning and fermentation sector saw a 0.39% increase on October 27, with Richen Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance Summary - Richen Co., Ltd. (603755) closed at 34.18, up 4.85% with a trading volume of 23,300 shares and a turnover of 77.62 million yuan [1] - Baoli Food (603170) closed at 14.50, up 2.62% with a trading volume of 30,700 shares [1] - Anji Food (603696) closed at 12.20, up 1.84% with a trading volume of 65,800 shares [1] - Zhilin Pickles (002507) closed at 13.08, up 1.79% with a trading volume of 190,100 shares [1] - Jialong Co., Ltd. (002495) closed at 2.77, up 1.09% with a trading volume of 207,400 shares [1] - Angel Yeast (600298) closed at 40.62, up 1.02% with a trading volume of 62,300 shares [1] - Haitai Flavor Industry (603288) closed at 38.71, up 0.28% with a trading volume of 130,500 shares [1] Capital Flow Analysis - The seasoning and fermentation sector experienced a net outflow of 93.73 million yuan from institutional investors, while retail investors saw a net inflow of 1.04 million yuan [2] - Major stocks like Haitai Flavor Industry had a net inflow of 12.86 million yuan from institutional investors, but a net outflow of 51.90 million yuan from retail investors [3] - Richen Co., Ltd. had a net inflow of 6.45 million yuan from institutional investors, but also saw a net outflow of 7.80 million yuan from retail investors [3]

Investment Rating - The report maintains a "Recommended" rating for the food and beverage industry [1]. Core Insights - The "14th Five-Year Plan" has shifted focus towards enhancing domestic demand and domestic circulation, emphasizing the need for a balance between supply and demand [3]. - New consumption trends are expected to continue driving excess returns, particularly in new channels and product categories [3]. - The report highlights the potential benefits for dairy products and the restaurant supply chain due to policy stimuli aimed at boosting consumption [3]. - The report anticipates a gradual recovery in the dairy market, with milk prices expected to rise moderately due to improved supply-demand dynamics [3]. - Investment suggestions include focusing on companies with strong performance in new consumption directions, such as Dongpeng Beverage and Angel Yeast, as well as cyclical stocks with low valuations [3]. Summary by Sections Industry Overview - The report discusses the upgraded focus on domestic demand and the relationship between supply and demand in the context of the "14th Five-Year Plan" [3]. - It emphasizes the importance of new consumption trends and channels, such as instant retail and health-oriented products [3]. Key Areas of Focus - The dairy sector is highlighted as a key area benefiting from potential birth rate policies and consumer demand for dairy products [3]. - The restaurant supply chain is expected to see a boost from government consumption vouchers and ongoing support measures [3]. Investment Recommendations - The report suggests monitoring quarterly performance reports, particularly for companies aligned with new consumption trends [3]. - It identifies specific stocks to watch, including those with solid fundamentals and those in cyclical sectors that may benefit from improving market conditions [3].

Core Viewpoint - The Shanghai Composite Index rose by 0.71% on October 24, with 16 out of 28 sectors experiencing gains, particularly in the communication and electronics sectors, which increased by 4.73% and 4.72% respectively. Conversely, the oil and coal sectors saw declines of 1.36% and 1.29% [1]. Market Overview - The net inflow of capital in the two markets reached 21.96 billion yuan, with 11 sectors experiencing net inflows. The electronics sector led with a net inflow of 22.39 billion yuan and a daily increase of 4.72%. The power equipment sector followed with a 2.20% increase and a net inflow of 3.71 billion yuan [1]. - A total of 20 sectors experienced net outflows, with the pharmaceutical and biological sector leading with a net outflow of 2.49 billion yuan, followed by the food and beverage sector with a net outflow of 1.75 billion yuan [1]. Food and Beverage Sector Performance - The food and beverage sector declined by 1.18% with a net outflow of 1.75 billion yuan. Out of 124 stocks in this sector, 18 rose, including one that hit the daily limit, while 106 fell, including one that hit the lower limit [2]. - Among the stocks with net inflows, the top performer was汤臣倍健 (Tao Chen Bei Jian) with a net inflow of 48.44 million yuan, followed by伊利股份 (Yili) and安琪酵母 (Anqi Yeast) with inflows of 40.69 million yuan and 22.60 million yuan respectively [2]. - The stocks with the highest net outflows included贵州茅台 (Kweichow Moutai) with a net outflow of 444.07 million yuan,泸州老窖 (Luzhou Laojiao) with 235.87 million yuan, and五粮液 (Wuliangye) with 195.41 million yuan [4].