一、 董事会会议召开情况 北京三元食品股份有限公司（简称"公司"）于 2025 年 4 月 27 日在公司四 楼会议室以现场结合通讯会议方式召开第八届董事会第四十次会议，本次会议的 通知于 2025 年 4 月 16 日以电话、传真和电子邮件方式向全体董事发出。公司董 事 9 人，参加会议 9 人。公司全体监事和部分高级管理人员列席了会议。本次会 议由公司董事长袁浩宗先生主持。本次会议的召集、召开及表决程序符合有关法 律、行政法规、部门规章、规范性文件及《北京三元食品股份有限公司公司章程》 （简称"《公司章程》"）的规定。 股票代码：600429 股票简称：三元股份 公告编号：2025-008 北京三元食品股份有限公司 第八届董事会第四十次会议决议公告 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、准确性及完整性承担法律责任。 二、 董事会会议审议情况 (一)审议通过《公司 2024 年度总经理工作报告》； 表决结果：9 票同意，0 票反对，0 票弃权。 (二)审议通过《公司 2024 年度董事会报告》； 表决结果：9 票同意，0 票反对，0 票弃权。 ...

股票代码：600429 股票简称：三元股份 公告编号：2025-010 北京三元食品股份有限公司 关于2024年度利润分配方案的公告 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： 一、利润分配方案内容 （一）利润分配方案的具体内容 经致同会计师事务所（特殊普通合伙）审计，截止2024年12月31日，公司母 公司报表中期末未分配利润为6,609.10万元，合并报表中期末未分配利润为 38,423.50万元。2024年公司实现合并报表归母净利润5,481.18万元。经第八届董 事会第四十次会议决议，公司2024年度拟以实施权益分派股权登记日登记的总股 本为基数，向全体股东每10股派发现金红利0.12元（含税）。截至目前，公司总 股本为1,509,176,043股，以此计算合计拟派发现金红利约1,811.01万元（含税）， 约占公司2024年合并报表归母净利润的33.04%。本次利润分配，公司不进行资本 公积金转增股本，不送红股。 如在本利润分配方案披露之日起至实施权益分派股权登记日期间，公司总股 本发生变动的，拟 ...

Financial Performance - Q1 2025 revenue was CNY 1,647,056,656.16, a decrease of 19.45% compared to the same period last year[3] - Net profit attributable to shareholders was CNY 87,821,823.66, an increase of 20.85% year-on-year[3] - Basic and diluted earnings per share were both CNY 0.058, reflecting a growth of 20.83%[4] - Total operating revenue for Q1 2025 was ¥1,647,056,656.16, a decrease of 19.4% compared to ¥2,044,842,070.22 in Q1 2024[25] - Net profit for Q1 2025 reached ¥87,199,903.97, an increase of 8.0% from ¥80,584,348.82 in Q1 2024[26] - Total equity increased to ¥5,175,648,966.68 in Q1 2025, up from ¥5,057,531,488.44 in Q1 2024, marking a growth of 2.3%[22] - The total comprehensive income for Q1 2025 was ¥118,380,750.56, significantly higher than ¥58,357,583.10 in Q1 2024, indicating a growth of 102.5%[26] Cash Flow and Operational Efficiency - Operating cash flow net amount increased by 297.25% to CNY 149,011,078.02 compared to the previous year[4] - The company reported a significant increase in cash inflow from operating activities, indicating improved operational efficiency[8] - In Q1 2025, the net cash flow from operating activities was $149,011,078.02, a significant increase from $37,510,504.63 in Q1 2024, representing a growth of approximately 297%[28] - Total cash inflow from operating activities in Q1 2025 was $1,993,520,242.38, compared to $1,834,235,139.19 in Q1 2024, indicating an increase of about 8.7%[28] - Cash outflow from operating activities in Q1 2025 was $1,844,509,164.36, slightly higher than $1,796,724,634.56 in Q1 2024, reflecting a rise of approximately 2.7%[28] - The net cash flow from investing activities was -$16,377,263.88 in Q1 2025, an improvement from -$152,316,316.69 in Q1 2024, showing a reduction in losses by about 89%[29] - Cash inflow from financing activities in Q1 2025 was $150,000,000.00, up from $140,000,000.00 in Q1 2024, marking a growth of approximately 7.1%[29] - The net cash flow from financing activities was -$10,969,999.91 in Q1 2025, compared to -$26,474,671.90 in Q1 2024, indicating a reduction in outflows by about 58.6%[29] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,154,648,486.20, up 3.63% from the end of the previous year[4] - As of March 31, 2025, the company's total assets amounted to RMB 9.15 billion, an increase from RMB 8.83 billion as of December 31, 2024[20] - The company's current assets increased to RMB 2.47 billion from RMB 2.27 billion, with cash and cash equivalents rising to RMB 1.05 billion[20] - The company's long-term equity investments rose to RMB 3.72 billion from RMB 3.56 billion, indicating growth in investment activities[21] - The company reported a total liability of ¥3,978,999,519.52, an increase of 5.4% from ¥3,776,156,267.46 in the previous year[22] - Accounts payable increased to RMB 858.06 million from RMB 734.96 million, indicating higher operational liabilities[21] Strategic Initiatives - The company emphasized a profit-oriented revenue strategy, focusing on improving operational quality despite market challenges[5] - The company completed a merger with Beijing Sanyuan Meiyuan Food Co., Ltd. under common control in December 2024[4] - The company plans to establish a wholly-owned subsidiary, Beijing Sanyuan Yanshan Food Co., Ltd., with a registered capital of RMB 8 million to take over existing operations from its dairy plant[13] - The company has applied for a comprehensive credit limit of RMB 1 billion from its financial group, with a maximum daily deposit balance of RMB 1.5 billion at an interest rate of 0.35%-2.20%[16] - The company has decided to manage up to RMB 500 million of idle funds for cash management purposes, ensuring operational safety[17] Shareholder Information - The top shareholder, Beijing Shou Nong Food Group Co., Ltd., holds 35.51% of the shares[10] - The company approved a cash dividend distribution of RMB 0.12 per share, totaling approximately RMB 18.11 million, which represents 33.04% of the net profit attributable to shareholders for 2024[15] Research and Development - Research and development expenses rose to ¥11,525,522.02 in Q1 2025, compared to ¥6,343,239.45 in Q1 2024, indicating an increase of 81.5%[25]

Financial Performance - The company achieved a net profit attributable to shareholders of the parent company of CNY 54.81 million for the year 2024, with undistributed profits at CNY 384.24 million as of December 31, 2024[10]. - The total revenue for 2024 was CNY 7,012.38 million, representing a decrease of 10.73% compared to CNY 7,855.09 million in 2023[30]. - The net profit attributable to shareholders in 2024 was 54,811,753.04 yuan, representing a 77.44% decrease from 2023[33]. - The basic earnings per share for 2024 was 0.036 yuan, down 77.50% from 0.160 yuan in 2023[31]. - The company achieved a revenue of 7.01 billion RMB in 2024, a decrease of 10.73% year-on-year, primarily due to changes in market demand and the exclusion of Shou Nong Animal Husbandry from the consolidation scope since May 2023[66]. - The company's net profit attributable to shareholders for 2024 was 54.81 million RMB, a significant decrease of 77% year-on-year, mainly due to the absence of equity transfer gains from Shou Nong Animal Husbandry in 2024[70]. - The gross margin for liquid milk was 21.31%, with a year-over-year decrease of 1.15%, while solid milk had a gross margin of 16.26%, showing a decrease of 1.05% year-over-year[73]. - The sales volume of liquid milk decreased by 4.76% year-over-year, while solid milk sales volume increased by 27.71%[75]. Cash Flow and Investments - The net cash flow from operating activities increased by 153.52% to 359,404,676.16 yuan in 2024 compared to 141,767,485.09 yuan in 2023[33]. - The company reported a cash dividend of RMB 9,080.14 million from its investments during the year[100]. - The company has a cash dividend policy that mandates a minimum of 10% of the distributable profit for the year to be distributed in cash, with a cumulative minimum of 30% over the last three years[142]. - The company plans to distribute a cash dividend of 0.49 CNY per 10 shares, totaling approximately 73.95 million CNY, based on a total share capital of 1,509,176,043 shares as of July 11, 2024[143]. - The cash dividend for the most recent fiscal year represents 33.04% of the net profit attributable to ordinary shareholders, which was approximately 54.81 million CNY[147]. Operational Efficiency and Strategy - The company emphasized a focus on governance and structural optimization to enhance operational efficiency and sustainability[41]. - The company has reduced its headquarters departments from 21 to 14, achieving a 46% reduction in personnel, enhancing operational efficiency[46]. - The company is focusing on digital transformation to enhance operational capabilities across key areas such as production and sales[53]. - The company aims to cultivate a talent pool of approximately 500 key personnel over three years, enhancing its workforce capabilities[54]. - The company has implemented a centralized procurement model to improve cost efficiency and bargaining power in sourcing materials[61]. - The company has optimized its product management, with nearly 20% of low-performing SKUs being delisted to boost sales[52]. Research and Development - The company has invested in R&D, with R&D expenses amounting to 118.80 million RMB, a decrease of 15.56% year-on-year, reflecting a strategic focus on cost management[67]. - The total R&D expenditure for the period was CNY 118,798,941.36, accounting for 1.69% of operating revenue[84]. - The company has developed multiple core technologies with independent intellectual property rights, enhancing its production capabilities and product safety[65]. - The number of R&D personnel was 49, representing 0.83% of the total workforce, with 7 holding doctoral degrees[84]. Market Position and Brand Value - The brand value of "Sanyuan" has increased to 54.706 billion yuan, ranking 183rd in China's top 500 brands, with a year-on-year increase of 4.128 billion yuan[51]. - The company maintains the leading market share in liquid milk in Beijing, according to Kantar Consumer Index[57]. - The company has launched multiple new products, including "Pumpkin is Here" flavored milk and various customized dairy products, to meet diverse consumer demands[44]. Governance and Management - The company held 1 annual and 1 extraordinary shareholders' meeting during the reporting period, ensuring compliance with relevant regulations[111]. - The board of directors convened 15 meetings, with a composition of 9 members, including 3 independent directors, to ensure effective governance[111]. - The company has established a performance evaluation and incentive mechanism for senior management to promote accountability and talent management[111]. - The company maintains transparency in information disclosure, ensuring all shareholders have equal access to timely information[112]. Environmental and Social Responsibility - The company invested 9.585 million CNY in environmental protection during the reporting period[162]. - The company reduced carbon emissions by 15,819 tons in 2024 through various energy-saving measures, including the use of photovoltaic power generation[171]. - The company is actively involved in public welfare projects, such as donating milk products to schools to support children's health[173]. - The company has committed to enhancing its wastewater treatment capacity to further reduce pollutant emissions in 2024[170]. Acquisitions and Mergers - The company agreed to acquire 24.66% equity of Hohhot Sanyuan Dairy Co., Ltd. for a cash price of -80.4715 million RMB, with the completion of the merger expected by January 2024[190]. - The company plans to acquire 66% equity of Sanyuan Meiyuan at a price of 7.405886 million RMB, with the acquisition expected to be completed by December 2024[193]. - The acquisition of Sanyuan Meiyuan will make it a wholly-owned subsidiary of the company, enhancing its market position in the dairy sector[192]. Future Outlook - The company projects a GDP growth of 5% for 2024, with the dairy industry expected to grow steadily under trends of scale, quality, and innovation[105]. - The company aims to achieve revenue growth in 2025 based on the 2024 revenue, although this goal is subject to uncertainties in the operating environment[107]. - Future earnings guidance suggests a positive outlook with expected revenue growth driven by new market strategies[119].

三元股份（600429）公告，2025年第一季度营收为16.47亿元，同比下降19.45%；净利润为8782.18万 元，同比增长20.85%。 ...

股票代码：600429 股票简称：三元股份 公告编号：2025-007 北京三元食品股份有限公司 修改后的公司《对外投资管理办法》全文详见上海证券交易所网站 （www.sse.com.cn）。 表决结果：9 票同意，0 票反对，0 票弃权。 第八届董事会第三十九次会议决议公告 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。 一、董事会会议召开情况 北京三元食品股份有限公司（简称"公司"）于 2025 年 4 月 18 日以通讯会 议方式召开第八届董事会第三十九次会议，本次会议的通知于 2025 年 4 月 15 日以电话、传真和电子邮件方式向全体董事发出。公司董事 9 人，参加会议 9 人。本次会议的召集、召开及表决程序符合有关法律、行政法规、部门规章、规 范性文件及《公司章程》的规定。 二、董事会会议审议情况 (一) 审议通过《关于修改公司<董事会战略委员会工作细则>的议案》； 修改后的公司《董事会战略委员会工作细则》全文详见上海证券交易所网站 （www.sse.com.cn）。 表决结果：9 票同意，0 票反对，0 票弃权 ...

北京三元食品股份有限公司董事会战略委员会工作细则 北京三元食品股份有限公司 董事会战略委员会工作细则 第一章 总则 第一条 为适应北京三元食品股份有限公司（简称"公司"）战略发展需要， 增强公司核心竞争力，确保公司发展规划，健全投资决策程序，加强决策科学性， 提高重大投资决策的效益和决策的质量，完善公司治理结构，根据《公司法》《上 市公司治理准则》及公司章程等有关规定，公司设立董事会战略委员会（简称"战 略委员会"），制定本工作细则。 第二条 本工作细则适用于北京三元食品股份有限公司。 第二章 人员组成 第三章 职责权限 第九条 战略委员会的主要职责权限如下： 第三条 战略委员会为公司董事会下设的专门工作机构，主要负责对公司长期 发展战略和重大投资决策进行研究并提出建议。 第四条 战略委员会委员由三至七名董事组成，其中至少包含一名独立董事。 第五条 战略委员会委员由公司董事长、二分之一以上独立董事或者全体董事 的三分之一以上提名，由公司董事会选举产生。 第六条 战略委员会设主任委员（召集人）一名，由公司董事长担任。 第七条 战略委员会委员任期与公司董事任期一致，委员任期届满，可连选连 任。期间如有委员不再担任 ...

北京三元食品股份有限公司对外股权投资管理办法 北京三元食品股份有限公司 对外股权投资管理办法 第一章 总则 第一条 为规范北京三元食品股份有限公司（简称"公司"）对外股权投资活 动，建立规范、有效、科学的投资决策体系，防范投资风险，提高投资收益，实现 资产保值增值，根据《公司法》《上海证券交易所股票上市规则》及公司章程等规 定，结合公司实际，制定本办法。 第二条 本办法适用于北京三元食品股份有限公司及所属全资、控股子公司 （合称"公司及所属子公司"）。 第三条 本办法所称对外股权投资，是指公司或所属子公司为满足发展需要以 现金，经评估的股权、实物资产或无形资产等向外部企业或其他组织（指非本办法 发布施行前公司既有全资、控股、参股子公司）进行投资并取得股权（含基金份额） 的行为（含对本办法发布施行后被投资企业的新增股权投资），具体类型包括：通 过增资、受让现有股权形式取得被投资企业股权；通过与外部合作方合资新设主体 取得被投资企业股权。所称被投资企业是指对外股权投资的标的企业。 第二章 职责分工 第四条 公司股东会按法律法规和公司章程、制度规定职责权限审议公司及所 属子公司对外股权投资事项。 第五条 公司董事会 ...

北京三元食品股份有限公司对外投资管理办法 北京三元食品股份有限公司 对外投资管理办法 第一章 总则 第一条 为规范北京三元食品股份有限公司（简称"公司"）对外投资活动， 建立规范、有效、科学的投资决策体系，防范投资风险，提高投资收益，避免投资 决策失误，实现资产保值增值，根据《公司法》《上海证券交易所股票上市规则》 及公司章程等规定，结合公司实际，制定本办法。 第五条 公司董事会有权决定除属股东会审批范围之外的对外投资。公司董事 会不得授权公司经理层行使对外投资事项审批决策权。 第六条 公司董事会战略委员会作为董事会设立的专门工作机构，负责对公司 重大对外投资进行研究并提出建议。 第七条 公司总经理办公会负责权限范围内投资立项审批。 公司总经理为对外投资实施的主要负责人，负责计划、组织、监控，并及时向 董事长、董事会汇报。 第八条 公司战略投资部为对外投资管理部门，负责统筹、协调和组织对外投 资项目的分析和研究，组织编制可行性研究报告，为决策提供建议；负责办理投资 项目内外部审批手续；负责组织对被投资企业进行投资后的管理。 第九条 公司财务管理部为对外投资的财务管理部门，负责评估对外投资项目 投资效益、筹措资 ...

股票代码：600429 股票简称：三元股份 公告编号：2025-004 北京三元食品股份有限公司 第八届董事会第三十八次会议决议公告 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。 一、董事会会议召开情况 北京三元食品股份有限公司（简称"公司"）于 2025 年 3 月 28 日以通讯会 议方式召开第八届董事会第三十八次会议，本次会议的通知于 2025 年 3 月 25 日以电话、传真和电子邮件方式向全体董事发出。公司董事 9 人，参加会议 9 人。本次会议的召集、召开及表决程序符合有关法律、行政法规、部门规章、规 范性文件及《公司章程》的规定。 （三）审议通过《关于乳品四厂部分资产无偿划转的议案》； 公司第八届董事会第二十八次会议同意公司以自有资金出资设立全资子公 司北京三元燕山食品有限公司（简称"三元燕山"），承接公司分支机构乳品四 厂原有业务。考虑到三元燕山经营实际需要，董事会同意将乳品四厂部分资产无 偿划转至三元燕山。 （一）审议通过《关于向子公司增资的议案》； 为完成收购法国 St Hubert 项目，2018 年公 ...