证券代码：600305 证券简称：恒顺醋业 公告编号：临 2025-040 江苏恒顺醋业股份有限公司 关于召开 2024 年度暨 2025 年第一季度 业绩说明会的公告 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个别及连带责任。 重要内容提示： 江苏恒顺醋业股份有限公司（以下简称"公司"）已分别于 2025 年 4 月 22 日和 2025 年 4 月 30 日发布了公司 2024 年年度报告及 2025 年第一季度报告，为便于广大 投资者更全面深入地了解公司 2024 年度、2025 年一季度经营成果、财务状况，公司 计划于 2025 年 06 月 27 日下午 15:00-16:00 举行 2024 年度暨 2025 年第一季度业绩 说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2024 年度、2025 年一季度 的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 会议召开时间： 2025 年 06 月 27 日（星期五）下午 15:00-16:0 ...

股票代码：600305 股票简称：恒顺醋业 公告编号：临 2025-039 重要内容提示： ●回购注销原因：鉴于 2 名持有人因个人原因离职，管理委员会决定取消前 述 2 名持有人的参与资格，对应标的股票权益由公司回购并予以注销，对应的标 的股票数量为 0.19 万股；同时 2024 年持股计划第一个解锁期公司层面业绩考核 未达成，对应标的股票权益由公司回购并予以注销，对应的标的股票数量为 3.628 万股。 ●本次注销股份的有关情况 | 回购股份数量（股） | 注销股份数量（股） | 注销日期 | | | --- | --- | --- | --- | | 38,180 | 38,180 | 年 月 2025 6 | 日 16 | 一、本次员工持股计划部分股份回购注销的决策与信息披露 江苏恒顺醋业股份有限公司 关于 2024 年员工持股计划部分股份 回购注销实施公告 2025 年 4 月 18 日，公司分别召开了第九届董事会第九次会议和第九届监事 会第六次会议，审议通过了《关于回购注销 2024 年员工持股计划部分股份的议 案》，同意回购注销 2024 年员工持股计划对应的标的股票 38,180 股。根据公 ...

| 回购股份数量（股） | 注销股份数量（股） | | 注销日期 | | | | --- | --- | --- | --- | --- | --- | | 2,433,900 | 2,433,900 | 2025 | 年 6 | 月 | 16 日 | 股票代码：600305 股票简称：恒顺醋业 公告编号：临 2025-038 江苏恒顺醋业股份有限公司 关于 2024 年限制性股票激励计划部分限制性股票 回购注销实施公告 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个别及连带责任。 重要内容提示： ●回购注销原因：鉴于 3 名激励对象因个人原因离职，1 名激励对象因个人 原因内退，不再具备激励对象资格，同时 2024 年激励计划第一个解除限售期公 司层面业绩考核未达到解除限售条件，由公司对上述合计 243.39 万股限制性股 票进行回购注销。 ●本次注销股份的有关情况 一、本次限制性股票回购注销的决策与信息披露 2025 年 4 月 18 日，公司分别召开了第九届董事会第九次会议和第九届监事 会第六次会议，审议通过了《关于回购注销 2 ...

江苏世纪同仁律师事务所 法律意见书 关 于 江 苏 恒 顺 醋 业 股 份 有 限 公 司 2024 年 限 制 性 股 票 激 励 计 划 之 部 分 限 制 性 股 票 回 购 注 销 实 施 的 法 律 意 见 书 苏同律证字（2025）第 119 号 南 京 市 建 邺 区 贤 坤 路 江 岛 智 立 方 C 座 4 层 邮 编 ： 2 1 0 0 1 9 电 话 ： + 8 6 2 5 - 8 3 3 0 4 4 8 0 传 真 ： + 8 6 2 5 - 8 3 3 2 9 3 3 5 江苏世纪同仁律师事务所 法律意见书 江苏世纪同仁律师事务所 关于江苏恒顺醋业股份有限公司 2024 年限制性股票激励计划之 部分限制性股票回购注销实施的 法律意见书 苏同律证字（2025）第 119 号 致：江苏恒顺醋业股份有限公司 江苏世纪同仁律师事务所（以下简称"本所"）接受江苏恒顺醋业股份有限公 司（以下简称"恒顺醋业"或"公司"）的委托，根据《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》（以下简称"《证券法》"）、 《上市公司股权激励管理办法（2025 修正）》（以下简称"《 ...

【要闻报道】 英伟达拟再推"中国特供"芯片 据参考消息援引新加坡《联合早报》网站5月25日引述路透社消息报道，美国芯片巨头英伟达据报将为 中国市场推出一款基于Blackwell架构的人工智能（AI）芯片，售价将大幅低于先前的H20芯片，预计最 快于6月开始量产。 报道称，这款采用最新一代Blackwell架构的AI处理器，预计售价介于6500美元至8000美元之间，明显 低于H20的定价。较低的售价通常意味着芯片规格相对较弱，制造工艺也更为简化。 点评：这将是英伟达第三次为中国市场推出符合美国监管要求的降级版芯片。美国政府日前禁止英伟达 向中国销售基于Hopper架构的H20芯片。 特朗普威胁50%关税两天后改口：恢复与欧盟贸易谈判窗口期 美国总统特朗普在与欧盟委员会主席冯德莱恩通电话后表示，他将把欧盟面临50%关税的最后期限延长 至7月9日。 特朗普当地时间周日在返回华盛顿的途中对记者说："我们进行了一次非常愉快的通话，我同意将它撤 回。" 冯德莱恩稍早前在X上发文称，"欧洲已准备好迅速、果断地推进谈判"，但"达成一项好的协议需要时 间，直到7月9日"。那是特朗普暂停所谓对等关税90天的截止日。 点评：这次 ...

Group 1 - Ningde Times participated in the completion of the Zeyuan Fund, with a total scale of 10.128 billion yuan, increasing by 50.42% from the previous announcement [3] - Zhongjin Gold's controlling shareholder plans to inject four companies into the company to resolve competition issues, including acquiring stakes in Inner Mongolia Jintao and others [4][5] - Keli Yuan plans to invest an additional 500 million yuan in a storage industry fund, increasing its total investment to 700 million yuan [6] Group 2 - China Shenhua intends to acquire 7.43% of the National Energy Group Financial Company for 2.929 billion yuan, which is expected to increase its net profit by 97 million yuan [7] - Weir Shares plans to issue H-shares and list on the Hong Kong Stock Exchange [8] - Hualan Shares is establishing a joint venture for Tibetan medicinal baths and plaster products, with a registered capital of 7 million yuan [15] Group 3 - Yunnan Copper plans to acquire 40% of Liangshan Mining through a share issuance, with the stock resuming trading on May 26 [10] - Ruishun Technology's subsidiary plans to establish a joint venture in Malaysia to provide automation solutions [11] - ST Quanwei's stock will be subject to additional risk warnings due to ongoing litigation involving a subsidiary [12] Group 4 - Hengfeng Information's controlling shareholder has terminated the agreement to transfer part of the company's shares, with no impact on control [13] - Huadian Technology's subsidiary has not yet commenced substantial construction on a polyurethane new materials project [14] - ST Yinjian will remove the delisting risk warning and some other risk warnings, changing its stock name [38] Group 5 - China Tonghao won approximately 3.789 billion yuan in contracts in the rail transit market from March to April [39] - Intercontinental Oil and Gas plans to invest about 848 million USD in the Iraq South Basra project [40][41] - Jiaying Pharmaceutical's subsidiary signed a contract for the development of a traditional Chinese medicine innovation project [42] Group 6 - Ruidong Intelligent signed a strategic cooperation agreement with Shunde Vocational and Technical College to enhance collaboration in technology [43] - Jiaojian Co. won a bid for a drainage project worth 225 million yuan [44] - Hengshun Vinegar's controlling shareholder plans to increase its stake in the company by 50 to 100 million yuan [45]

Group 1 - Zhongjin Gold plans to inject four companies, including Inner Mongolia Jintao, into the company to resolve competition issues, acquiring stakes of 49.34%, 80%, 70%, and 70% respectively [3] - Keli Yuan intends to invest an additional 500 million yuan in a storage industry fund, increasing its total commitment from 200 million yuan to 700 million yuan, holding 49.93% of the fund [4] - China Shenhua plans to acquire a 7.43% stake in the National Energy Group Financial Company for 2.929 billion yuan, which is expected to increase its net profit by 97 million yuan [5] Group 2 - Weier Co. plans to issue H-shares and list on the Hong Kong Stock Exchange, considering the interests of existing shareholders [6] - China Communication Signal plans to invest approximately 3.789 billion yuan in 11 major rail transit projects, accounting for 11.67% of its audited revenue for 2024 [8] - Intercontinental Oil and Gas intends to invest approximately 848 million USD in the Iraq South Basra Integrated Project, with a total investment of about 1.266 billion USD [9] Group 3 - Jiaying Pharmaceutical's subsidiary signed a technology development contract with Hunan University of Chinese Medicine to develop a new traditional Chinese medicine [10] - Ruide Intelligent signed a strategic cooperation agreement with Shunde Vocational and Technical College to enhance collaboration in technology and talent development [11] - Jiaojian Co. and its partners won a bid for a drainage project worth 225 million yuan, with an expected contribution of 101 million yuan to the company's revenue [12] Group 4 - Hengshun Vinegar's controlling shareholder plans to increase its stake in the company by investing between 50 million and 100 million yuan [14] - Changhua Group's shareholder platform intends to reduce its stake by up to 3%, amounting to a maximum of 14.1 million shares [15] Group 5 - Yunzhongma plans to raise no more than 640 million yuan through a private placement to fund projects for producing DTY yarn and high-performance leather base fabric [17]

Core Viewpoint - Jiangsu Hengshun Vinegar Industry Co., Ltd. announced a shareholding increase plan by its controlling shareholder, Jiangsu Hengshun Group Co., Ltd., to enhance investor confidence and recognize the company's long-term investment value [1][3]. Group 1: Shareholding Information - Jiangsu Hengshun Group holds 447,613,893 shares, accounting for 40.36% of the total share capital of the company [2][3]. - The increase plan aims to acquire shares worth no less than 50 million yuan and no more than 100 million yuan [3]. Group 2: Increase Plan Details - The shares to be acquired will be A-shares through centralized bidding on the Shanghai Stock Exchange [2]. - The maximum proportion of shares to be acquired will not exceed 2% of the total share capital [2]. - The planned purchase price is capped at 12 yuan per share [2]. Group 3: Implementation Period and Funding - The implementation period for the increase plan is within 12 months from the date of this announcement [2]. - The funding for the share purchase will come from Hengshun Group's own funds and self-raised funds [2]. Group 4: Commitment and Risk Factors - Hengshun Group commits not to reduce its holdings during the implementation period of the increase plan [2]. - The implementation of the increase plan may face risks due to changes in the capital market or other unpredictable factors [3][4].

| 增持主体名称 | 江苏恒顺集团有限公司 | | | | --- | --- | --- | --- | | 增持主体身份 | 控股股东或实控人 | 是 | 否 | | | 控股股东或实控人的一致行动人 | 是 | 否 | | | 直接持股 5%以上股东 | 是 | 否 | | | 董事、监事和高级管理人员 | 是 | 否 | | | 其他：__________ | | | | 持股数量 | 447,613,893 股 | | | | 持股比例（占总股本） | 40.36% | | | 一、增持主体的基本情况 证券代码：600305 证券简称：恒顺醋业 公告编号：临 2025-037 江苏恒顺醋业股份有限公司 关于控股股东增持股份计划公告 本公司董事会、全体董事及相关股东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： 是 否 （三）其他风险提示 本次增持计划的实施不会导致公司股权分布不符合上市条件，不会对公司治 理结构及持续经营产生影响。 四、其他说明 增持主体的基本情况：江苏恒顺醋业股份有限公司（以下简称"公司 ...

Core Insights - The Chinese seasoning market has seen significant growth, with market size increasing from 259.5 billion yuan in 2014 to 592.3 billion yuan in 2023, reflecting a compound annual growth rate (CAGR) of 9.60% [1][2] - The shift in consumer behavior towards home cooking and health-conscious eating, particularly among younger generations, is reshaping the seasoning landscape [1][2] Group 1: Market Dynamics - The seasoning market in China is characterized by a mix of established brands and emerging players, with over 6,000 companies and the top ten brands holding less than 30% market share, indicating a highly fragmented market [2][3] - Traditional brands like Haidilao and Lee Kum Kee dominate, while new entrants focusing on health and natural ingredients are gaining traction [2][3] Group 2: Product Trends - The compound seasoning segment is experiencing rapid growth, with a CAGR of 13.90% from 2011 to 2021, driven by the increasing popularity of ready-to-use cooking solutions [4][6] - Health-conscious consumers are prioritizing clean ingredient labels, leading to a rise in products that emphasize natural and additive-free formulations [7][8] Group 3: Consumer Behavior - New consumption scenarios, such as solo dining and outdoor activities, are driving demand for convenient and personalized seasoning options [8][9] - Brands targeting younger consumers are leveraging aesthetics and lifestyle branding to create emotional connections with their products [11][14] Group 4: Cultural and Regional Influences - The diverse culinary landscape in China fosters regional seasoning brands that resonate with local tastes, creating opportunities for cultural storytelling and brand differentiation [15][16] - Successful regional brands can achieve high profit margins, but the challenge lies in expanding their reach beyond local markets [15][16] Group 5: Competitive Landscape - The competition in the seasoning industry is evolving, with a focus on digital marketing and e-commerce channels, such as live-streaming sales and instant retail [16][17] - Brands that can effectively address niche consumer needs and create standout products are likely to succeed in this competitive environment [17][18]