北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于新疆天润乳业股份有限公司 2025 年第一次临时股东大会的 法律意见书 国枫律股字[2025]A0332 号 致：新疆天润乳业股份有限公司（贵公司） 北京国枫律师事务所（以下简称"本所"）接受贵公司的委托，指派律师出席并见 证贵公司 2025 年第一次临时股东大会（以下简称"本次会议"）。 本所律师根据《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》"）、《上市公司股东会规则》（以下简称 "《股东会规则》"）、《律师事务所从事证券法律业务管理办法》（以下简称"《证券法律 业务管理办法》"）、《律师事务所证券法律业务执业规则（试行）》（以下简称"《证券法 律业务执业规则》"）等相关法律、行政法规、规章、规范性文件及《新疆天润乳业股份 有限公司章程》（以下简称"《公司章程》"）的规定，就本次会议的召集与召开程序、召 集人资格、出席会议人员资格、会议表决程序及表决结果等事宜，出具本 ...

新疆天润乳业股份有限公司 2025年第一次临时股东大会决议公告 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。 重要内容提示： 新疆天润乳业股份有限公司 | 证券代码：600419 | 证券简称：天润乳业 | 公告编号：临 2025-031 | | --- | --- | --- | | 债券代码：110097 | 债券简称：天润转债 | | 本次会议是否有否决议案：无 一、会议召开和出席情况 1、公司在任董事9人，出席9人，其中董事邵惠玲，独立董事张列兵、康莹、 龚巧莉因工作原因以通讯方式参会； 2、公司在任监事3人，出席3人，其中监事会主席李强，监事范珂因工作原 因以通讯方式参会； （一）股东大会召开的时间：2025 年 6 月 24 日 （二）股东大会召开的地点：新疆乌鲁木齐市经济技术开发区（头屯河区） 乌昌公路 2702 号新疆天润乳业股份有限公司办公楼一楼会议室 （四）表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况 等。 本次会议由董事会召集，董事长刘让先生主持。会议采用现场记名投票与网 络投票相结合的 ...

Core Insights - The article discusses the cheese industry in China, focusing on the production processes, patent applications, and the technological aspects of processed cheese [10][11]. Group 1: Cheese Production Process - The production of processed cheese involves a complex process that includes natural cheese treatment, mixing with emulsifying salts and other ingredients, heating, continuous stirring, packaging, cooling, and storage [5][9]. - Key parameters affecting the quality of processed cheese include melting temperature, processing time, stirring speed, and cooling rate, which significantly influence the final product's texture and functionality [2][4][9]. Group 2: Ingredients and Composition - The composition of processed cheese is influenced by various chemical components such as fat content, moisture content, pH value, total calcium content, casein content, lactose content, and whey protein content [7][9]. - The total calcium content in processed cheese affects its manufacturing difficulty and functional properties, with higher calcium levels leading to increased hardness and reduced meltability [9]. - The pH value of processed cheese is crucial for its quality and microstructure, with an optimal range identified between 5.4 and 5.8 [9]. Group 3: Patent Landscape - As of now, there are over 3,700 cheese-related patents in China, with a notable increase in applications since 2015, peaking at 541 applications in 2023 [10][11]. - The leading applicant for cheese-related patents is Yijia Haonai, a subsidiary of Yili Group, with 137 patents, followed by Mengniu Dairy, Bright Dairy, Yili Company, and Miaokelan Duo [11].

Core Viewpoint - The company announced an adjustment to the conversion price of its convertible bonds due to the implementation of the 2024 profit distribution plan, with the new conversion price set at 8.28 CNY per share, effective from June 27, 2025 [2][4]. Group 1: Securities Information - The convertible bonds "天润转债" will be suspended from conversion from June 20, 2025, to June 26, 2025, and will resume conversion on June 27, 2025 [2][4]. - The previous conversion price was 8.30 CNY per share, which has been adjusted to 8.28 CNY per share [2][4]. Group 2: Profit Distribution Plan - The company plans to distribute a cash dividend of 0.2099 CNY per 10 shares (including tax), totaling 6,620,322.57 CNY (including tax) for the 2024 fiscal year [2][3]. - The profit distribution plan was approved at the annual general meeting and will not include stock dividends or capital reserve transfers [2][3]. Group 3: Adjustment Basis - The adjustment of the conversion price is based on the company's profit distribution plan and complies with the terms outlined in the convertible bond issuance document [3][4]. - The formula for adjusting the conversion price is P1 = P0 - D, where P1 is the adjusted conversion price, P0 is the previous conversion price, and D is the cash dividend per share [3].

Core Viewpoint - The company Xinjiang Tianrun Dairy Co., Ltd. is implementing a differentiated dividend distribution plan for the year 2024, which involves cash dividends and excludes stock dividends or capital reserve transfers [1][2]. Group 1: Reasons for Differentiated Dividend - The company approved a share repurchase plan on February 23, 2022, to buy back shares for employee stock ownership plans or equity incentives, repurchasing a total of 4,799,955 shares, which is 1.50% of the total share capital at that time [1]. - The total amount spent on the share repurchase was approximately RMB 61.33 million, with a repurchase price range between RMB 11.78 and RMB 13.50 per share [1]. Group 2: Differentiated Dividend Plan - The company plans to distribute a cash dividend of RMB 0.21 per 10 shares (including tax) to all shareholders, resulting in a total cash dividend distribution of approximately RMB 6.62 million after excluding the shares held in the repurchase account [2]. - The total share capital as of April 17, 2025, is 320,190,246 shares, and the shares in the repurchase account do not have rights to profit distribution [2]. Group 3: Calculation Basis for Differentiated Dividend - The actual participating share capital for the dividend distribution is 315,403,648 shares after deducting the repurchased shares [3]. - The reference price for ex-dividend trading is calculated based on the previous closing price minus the cash dividend, with no change in circulating shares due to the nature of the dividend [3][5]. Group 4: Sponsor's Verification Opinion - The sponsor, CITIC Securities, confirms that the differentiated dividend distribution complies with relevant laws and regulations, and does not harm the interests of the listed company or all shareholders [4].

Core Points - The company plans to distribute a cash dividend of 0.02099 CNY per share to its shareholders [3][5] - The profit distribution plan was approved at the annual general meeting on May 15, 2025 [5] - The cash dividend distribution will occur on June 27, 2025, with the record date set for June 26, 2025 [6] Distribution Plan - The company will distribute 0.21 CNY (including tax) for every 10 shares held, with a total distribution amount of 6,620,322.57 CNY (including tax) [5][6] - The adjusted cash dividend per share is 0.2099 CNY due to changes in the total number of shares eligible for distribution [5][6] - The company will not issue new shares or increase capital reserves, resulting in no change to the circulating shares [6] Tax Implications - For individual shareholders, the actual cash dividend after tax will be 0.02099 CNY per share, with a tax rate of 20% for shares held for one month or less [7][8] - Qualified Foreign Institutional Investors (QFII) will have a 10% corporate income tax deducted, resulting in a net cash dividend of 0.01889 CNY per share [8] - Other institutional investors will not have taxes withheld, receiving the full cash dividend of 0.02099 CNY per share [8]

新疆天润乳业股份有限公司 本次转股价格调整实施日期：2025 年 6 月 27 日 一、转股价格调整依据 | 证券代码：600419 | 证券简称：天润乳业 | 公告编号：2025-030 | | --- | --- | --- | | 债券代码：110097 | 债券简称：天润转债 | | 新疆天润乳业股份有限公司 关于因权益分派调整可转债转股价格的公告 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法律责任。 重要内容提示： 证券停复牌情况：适用 因实施 2024 年度权益分派，本公司的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 110097 | 天润转债 | 可转债转股复牌 | | | 2025/6/26 | 2025/6/27 | "天润转债"自 2025 年 6 月 20 日（权益分派公告前一交易日）至 2025 年 6 月 26 日（权益分派股权登 ...

中信建投证券股份有限公司 中信建投证券股份有限公司（以下简称"保荐人""中信建投"）作为新疆 天润乳业股份有限公司（以下简称"天润乳业""公司"）2024 年向不特定对 象发行可转换公司债券的保荐人，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》"）《上海证券 交易所上市公司自律监管指引第 7 号——回购股份》（以下简称"《回购股份指 引》"）等相关法律、法规及规范性文件的规定，对天润乳业 2024 年年度利润 分配所涉及的差异化分红（以下简称"本次差异化分红"）相关事项进行了核查， 并出具核查意见如下： 关于新疆天润乳业股份有限公司 一、本次差异化分红的原因 差异化分红事项的核查意见 公司于 2022 年 2 月 23 日分别召开第七届董事会第十八次会议和第七届监事 会第十二次会议，审议通过了《新疆天润乳业股份有限公司关于以集中竞价交易 方式回购股份方案》，同意公司以集中竞价交易方式使用自有资金回购公司股份， 用于员工持股计划或股权激励。回购股份数量不低于 3,200,000 股且不超过 4,800,000 股（均包含本数），回购价格不超过人民币 15 ...

新疆天润乳业股份有限公司 2024年年度权益分派实施公告 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法律责任。 重要内容提示： 每股分配比例 A 股每股现金红利0.02099元 相关日期 新疆天润乳业股份有限公司 证券代码：600419 证券简称：天润乳业 公告编号：2025-029 债券代码：110097 债券简称：天润转债 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/26 | － | 2025/6/27 | 2025/6/27 | 差异化分红送转： 是 一、通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 15 日的2024年年度股东大会审议通过。 二、分配方案 1.发放年度：2024年年度 2.分派对象： 截至股权登记日下午上海证券交易所收市后，除公司回购专用证券账户之外 的在中国证券登记结算有限责任公司上海分公司（以下简称"中国结算上海分公 司"）登记在册的本公司 ...

瑞财经 钟鸣辰近日，天润乳业(SH600419)发布2024年年度报告，同比增收不增利。 | | | | 单位:元 | 币种:人民币 | | --- | --- | --- | --- | --- | | 主要会计数据 | 2024年 | 2023年 | 本期比 上年同 | 2022年 | | | | | 期增减 | | | | | | (%) | | | 营业收入 | 2.804.338.817.18 | 2.713.999.965.30 | 3.33 | 2. 409. 784. 719. 07 | | 归属于上市公司股东 | 43.659. 443. 55 | 142.028. 337.55 | -69. 26 | 196, 465, 934, 19 | | 的净利润 | | | | | | 归属于上市公司股东 的扣除非经常性损益 | 76,009, 543. 55 | 140, 174, 625. 40 | -45.78 | 178. 642. 000. 18 | | 的净利润 | | | | | | 经营活动产生的现金 | 652, 349, 880. 20 | 344, 335, 343, 11 ...