| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 836826 | 盖世食品 | 12.31 | -0.49% | 2.29万 | 2802.29万 | | 300146 | 汤臣倍健 | 11.80 | -0.42% | 11.97万 | + 1.41 乙 | | 000639 | 西王食品 | 3.20 | -0.31% | 17.00万 | 5433.28万 | | 603345 | 安井食品 | 74.05 | -0.27% | 2.32万 | 1.71亿 | | 600530 | 交大昂立 | 8.32 | -0.24% | 9.02万 | 7438.07万 | | 000895 | 双汇发展 | 24.74 | -0.04% | 6.89万 | 1.70亿 | | 603262 | 技源集团 | 30.25 | 0.07% | 3.97万 | 1.20亿 | | 002216 | 三全食品 | 11.14 | 0.09% | 2.27万 | 2521.71万 | | 002840 | ...

Market Overview - On August 1, the food processing sector rose by 1.17%, led by *ST Chuntian, while the Shanghai Composite Index closed at 3559.95, down 0.37% [1] - The Shenzhen Component Index closed at 10991.32, down 0.17% [1] Stock Performance - The top performers in the food processing sector included: - *ST Chuntian: Closed at 4.37, up 3.31% with a trading volume of 89,400 shares and a turnover of 38.61 million yuan [1] - Baba Food: Closed at 19.25, up 3.00% with a trading volume of 52,400 shares and a turnover of 100 million yuan [1] - Jinzi Ham: Closed at 6.72, up 2.28% with a trading volume of 404,000 shares and a turnover of 272 million yuan [1] Capital Flow - The food processing sector experienced a net outflow of 18.21 million yuan from institutional investors and 53.49 million yuan from speculative funds, while retail investors saw a net inflow of 71.69 million yuan [2] - Notable capital flows for specific stocks included: - Jinzi Ham: Net inflow of 40.46 million yuan from institutional investors, but a net outflow of 3.79 million yuan from speculative funds [3] - Baba Food: Net inflow of 8.31 million yuan from institutional investors, with a net outflow of 5.63 million yuan from speculative funds [3]

Market Overview - On July 31, the food processing sector declined by 1.83%, with Jiao Da Ang Li leading the drop [1] - The Shanghai Composite Index closed at 3573.21, down 1.18%, while the Shenzhen Component Index closed at 11009.77, down 1.73% [1] Individual Stock Performance - Jinzi Ham (002515) closed at 6.57, up 2.98% with a trading volume of 402,200 shares and a turnover of 261 million yuan [1] - ST Chuntian (600381) closed at 4.23, down 0.94% with a trading volume of 48,200 shares and a turnover of 20.42 million yuan [1] - Shuanghui Development (000895) closed at 24.68, down 1.44% with a trading volume of 140,000 shares and a turnover of 346 million yuan [1] - Other notable declines include Aji Food (603345) down 1.73% and Sanquan Foods (002216) down 2.21% [1] Capital Flow Analysis - The food processing sector experienced a net outflow of 148 million yuan from institutional investors, while retail investors saw a net inflow of 80.66 million yuan [2] - The sector's overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors are more active [2] Detailed Capital Flow for Selected Stocks - Tongchen Beijian (300146) had a net inflow of 9.27 million yuan from institutional investors, but a net outflow of 10.31 million yuan from speculative funds [3] - Jinzi Ham (002515) saw a net inflow of 7.33 million yuan from institutional investors and a net inflow of 9.62 million yuan from speculative funds [3] - Other stocks like Guangming Meat Industry (600073) and Sanquan Foods (002216) also showed varied capital flows, indicating differing investor sentiments [3]

从资金流向上来看，当日食品加工板块主力资金净流出1.27亿元，游资资金净流出2488.55万元，散户资 金净流入1.52亿元。食品加工板块个股资金流向见下表： | 代码 | 名称 | 主力净流入(元) | | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 603345 | 安井食品 | | 3588.42万 | 9.81% | -3645.99万 | -9.97% | 57.57万 | 0.16% | | 002515 | 金字火腿 | | 2249.10万 | 14.02% | -1481.85万 | -9.24% | -767.25万 | -4.78% | | 002702 海欣食品 | | | 1308.54万 | 13.69% | -383.06万 | -4.01% | -925.48万 | -9.68% | | 002626 | 金达威 | | 1100.54万 | 4.62% | 1399.42万 | 5.88% | -2499.96 ...

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。 | 姓名 | 离任职务 | 离任时间 | | 原定任期 到期日 | 离任原因 | 是否继续在上 市公司及其控 | 具体职务 | 是否存在 未履行完 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | | | 股子公司任职 | （如适用） | 毕的公开 | | | | | | | | | | 承诺 | | 陈定 | 董事会秘 | 2025 | 年 7 | 2026年5月 | 工作岗位 | 是 | 董事、副总 | 否 | | | 书 | 月 22 | 日 | 30 日 | 调整 | | 经理 | | 一、提前离任的基本情况 二、离任对公司的影响 公司于近日收到董事会秘书陈定先生的《辞职报告》，陈定先生因工作岗位 调整的原因辞去公司董事会秘书职务，仍将继续担任公司董事、副总经理职务及 下属子公司的职务。陈定先生无持有公司股份，无未履行完毕的公开承诺，该辞 职事项对公司的生产经营无影响。 证券代码：600 ...

Industry Dynamics - In the first half of 2023, the revenue from tobacco and alcohol increased by 5.5% year-on-year, totaling 331.6 billion yuan, while June's revenue was 51.6 billion yuan, showing a decline of 0.7% year-on-year [4] - The added value of the beverage and tea manufacturing industry grew by 3.4% year-on-year in June, with a 4.7% increase in the first half of the year [4] - Four industry standards related to fermented rice wine and fruit wines were officially released, set to be implemented on February 1, 2026 [4] - A national standard for the carbon footprint quantification of liquor was included in the 2025 national standard plan [5] - The China Chain Store & Franchise Association issued a proposal to resist "involution" competition in instant retail, emphasizing the need for fair market practices and sustainable development [5] Company Dynamics - Multiple liquor companies released their performance forecasts for the first half of 2023, showing a significant divergence in results. The white liquor sector generally performed poorly, with Shui Jing Fang's net profit dropping by 56.52% and other companies like Jiu Gui Jiu and Shun Xin Agriculture also reporting substantial declines [7] - Some companies, such as Chuan Jiu Group and Qinghai Spring, reported growth in revenue and profits, while the beer sector, led by Yan Jing Beer, saw a net profit increase of 40%-50% [7] - The wine and yellow wine sectors faced losses, attributed to rising costs and inadequate market expansion [7] - The chairman of Shui Jing Fang Group was replaced, marking a significant change in leadership [10] - Hengshui Laobaigan plans to focus on three key areas in the second half of the year: deepening core market channels, enhancing differentiated operations for banquet scenarios, and accelerating the implementation of a digital marketing system [10]

Core Viewpoint - Qinghai Spring (ST Spring) has reported a turnaround in its financial performance for the first half of the year, but faces significant challenges in maintaining its market position and avoiding delisting due to poor sales and market conditions [1][6]. Financial Performance - The company expects a net profit attributable to shareholders of between 960,000 and 1.38 million yuan for the first half of the year, compared to a net loss of 59.87 million yuan in the same period last year, indicating a turnaround [1][2]. - Revenue is projected to decline by 8.95% to 12.65%, estimated between 121 million and 126 million yuan [1][2]. Sales and Market Challenges - The decline in revenue is attributed to changes in market conditions and the seasonal nature of the main business, particularly in the second quarter [2]. - Despite a profit in the first quarter, the company may face a net loss in the second quarter, estimated between 753.81 million and 795.81 million yuan [3]. - The sales of its flagship product, the "Tinghua" liquor, have been disappointing, with only 10 bottles sold online and a total sales revenue of approximately 84,500 yuan [3][4]. Competitive Landscape - The high pricing of "Tinghua" liquor and negative impacts from previous promotional violations have hindered its market performance [4]. - The company struggles to compete with established brands like Moutai and Wuliangye, especially after the implementation of the "ban on alcohol" policy, which has reduced consumption in certain sectors [4]. Strategic Initiatives - Qinghai Spring is focusing on "shell protection" strategies to avoid delisting, with a goal to achieve profitability or revenue exceeding 300 million yuan by 2025 [6][7]. - The company is diversifying its business, including a new venture into the aviation sector through the establishment of Shanghai Yunxiang Aviation Development Co., Ltd., although this initiative is still in the planning stages and faces uncertainties [7]. Future Outlook - The company remains optimistic about its sales despite current challenges, indicating a commitment to adapt to market conditions and potentially launch new products [5][7]. - Continuous monitoring of the company's ability to navigate its financial and operational challenges will be essential [8].

[Qinghai Spring Pharmaceutical Resources Technology Co., Ltd. 2025 Semi-Annual Performance Forecast](index=1&type=section&id=Qinghai%20Spring%20Pharmaceutical%20Resources%20Technology%20Co.%2C%20Ltd.%202025%20Semi-Annual%20Performance%20Forecast) [Current Period Performance Forecast](index=1&type=section&id=Item%20I.%20Current%20Period%20Performance%20Forecast) The company expects to turn profitable in H1 2025 with net profit attributable to shareholders between RMB 0.96 million and RMB 1.38 million, despite a revenue decline and continued non-recurring loss 2025 H1 Performance Forecast | Metric | Estimated Amount (RMB) | Year-on-Year Change | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | RMB 0.96 million to RMB 1.38 million | Turnaround to Profit | | **Net Profit Attributable to Shareholders Excluding Non-recurring Items** | RMB -1.36 million to RMB -1.80 million | - | | **Operating Revenue** | RMB 121.00 million to RMB 126.00 million | Decrease of 8.95% to 12.56% | - The performance forecast data is unaudited by a certified public accountant[5](index=5&type=chunk) [Prior Period Performance Overview](index=1&type=section&id=Item%20II.%20Prior%20Period%20Performance%20Overview) In H1 2024, the company reported a loss with net profit attributable to shareholders at RMB -59.87 million, operating revenue at RMB 138.38 million, and basic EPS at RMB -0.102 2024 H1 Prior Period Performance | Metric | 2024 Prior Period Amount (RMB) | | :--- | :--- | | **Net Profit Attributable to Shareholders of Listed Company** | RMB -59.87 million | | **Net Profit Attributable to Shareholders Excluding Non-recurring Items** | RMB -60.13 million | | **Operating Revenue** | RMB 138.38 million | | **Basic Earnings Per Share** | RMB -0.102/share | [Key Reasons for Current Period Performance Change](index=1&type=section&id=Item%20III.%20Key%20Reasons%20for%20Current%20Period%20Performance%20Change) The company's turnaround to profitability is primarily driven by improved gross margin from product mix optimization and effective control over selling and administrative expenses, despite a revenue decline - The year-on-year decrease in operating revenue is mainly due to changes in market conditions and the off-season for the main business in the second quarter[8](index=8&type=chunk) - Net profit attributable to shareholders achieved profitability, primarily benefiting from increased average gross margin and gross profit due to changes in sales product structure, alongside reduced selling and administrative expenses[8](index=8&type=chunk) [Risk Warning](index=2&type=section&id=Item%20IV.%20Risk%20Warning) The company warns investors that this performance forecast is a preliminary, unaudited estimate, and final accurate financial data will be based on the officially disclosed 2025 semi-annual report - This performance forecast data is a preliminary estimate, and the specific accurate financial data will be subject to the company's officially disclosed 2025 semi-annual report, reminding investors to be aware of investment risks[9](index=9&type=chunk)

Core Viewpoint - The legal opinion letter confirms that the procedures for convening and holding the shareholders' meeting of Qinghai Spring Pharmaceutical Resources Technology Co., Ltd. comply with relevant laws and regulations, ensuring the legitimacy of the meeting and its resolutions [2][6][8]. Group 1: Meeting Procedures - The meeting was convened by the company's board of directors, with a notice published on June 17, 2025, detailing the meeting's agenda, voting methods, and logistics [2][3]. - The meeting took place on July 3, 2025, at the specified location, with the chairman authorizing a director to preside over the meeting [3][4]. Group 2: Attendance and Voting - A total of 388 shareholders attended the meeting, holding 306,670,352 shares, which represents 52.2382% of the total voting shares [6]. - The voting process combined on-site and online methods, with specific timeframes for each voting method as outlined in the notice [4][6]. Group 3: Voting Results - The resolution regarding the ratification of daily related transactions received 59,916,856 votes in favor, accounting for 1.8989% of the valid votes cast [6][8]. - The election of Mr. Wang Fugui as an independent director of the ninth board received 265,336,651 votes, indicating substantial support from the shareholders [8]. Group 4: Legal Compliance - The legal opinion concludes that all aspects of the meeting, including the convening, attendance, voting procedures, and results, are in accordance with the Company Law, Shareholders' Meeting Rules, and the company's articles of association, thus deemed valid [8][9].

Group 1 - The company held a shareholders' meeting on July 3, 2025, with a total attendance representing 52.2382% of the shares [1] - The meeting was presided over by a director authorized by the chairman, and all procedures complied with relevant laws and regulations [1][2] - The non-cumulative voting proposal was approved with 97.7558% of A-share votes in favor [1] Group 2 - The legal representatives confirmed that the meeting's procedures and results were in accordance with the Company Law and other relevant regulations [2] - The meeting included a significant matter where 5% or less of shareholders participated in the voting [1] - Related shareholders recused themselves from voting on certain proposals [1]