河北衡水老白干酒业股份有限公司 公 司 章 程 二 0 二五年四月二十四日 | | | | | | | | | 公 司 经 河 北 省 人 民 政 府 股 份 制 领 导 小 组 办 公 室 冀 股 办 [1999]45 号文批准，以发起方式设立；公司目前在衡水市数据和政 务 服 务 局 注 册 登 记 ， 取 得 营 业 执 照 ， 统 一 社 会 信 用 代 码 ： 911311007216760190。 第三条 公司于 2002 年 10 月 14 日经中国证券监督管理委员 会批准，首次向社会公众发行人民币普通股 4000 万股，于 2002 年 10 月 29 日在上海证券交易所上市。 第四条 公司注册名称：河北衡水老白干酒业股份有限公司 英文名称为：HEBEI HENGSHUI LAOBAIGAN LIQUOR CO.，LTD. 第五条 公司住所：河北省衡水市高新区振华大街 999 号 邮政编码：053000 第六条 公司注册资本为人民币 914,747,444 元。 第七条 公司为永久存续的股份有限公司。 第八条 公司的法定代表人由公司董事会依法选举的董事长 担任。董事长辞任的，视为同时辞去法定代 ...

第三条 公司控股子公司进行委托理财一律视同公司的委托理财 行为，按照本制度的相关规定进行审批，未经审批公司控股子公司不 得进行任何委托理财活动。 第二章 委托理财操作原则 第四条 公司委托理财是以提高资金使用效率、增加现金资产收 益为原则，通过银行、公募基金、证券公司、信托公司等金融机构发 行的中低风险，产品净值波动性较小，产品与投资标的流动性好的短 期理财产品（包括现金管理产品、货币基金、优质公募、保险、证券 资管固收、信托等）。 河北衡水老白干酒业股份有限公司 委托理财管理制度 第一章 总则 第一条 为规范河北衡水老白干酒业股份有限公司(以下简称 "公司") 的委托理财交易行为，保证公司资金、财产安全，有效防 范投资风险，维护公司及股东的合法权益，根据《中华人民共和国公 司法》、《中华人民共和国证券法》、《上市公司信息披露管理办法》、 《上海证券交易所股票上市规则》等法律、法规和规范性文件及《公 司章程》等相关规定，结合公司实际情况，制定本制度。 第二条 本制度所称委托理财是指公司委托银行、证券、信托、 基金、期货、保险资产管理机构、金融资产投资公司、私募基金管理 人等专业理财机构对其财产进行投资和管理或 ...

河北衡水老白干酒业股份有限公司 董事会议事规则 第一章 总 则 第一条 为了进一步规范公司董事会的议事方式和决策程序，促 使董事和董事会有效地履行其职责，提高董事会规范运作和科学决策 水平，根据《公司法》、《证券法》、《上市公司治理准则》、《上海证券 交易所股票上市规则》和《公司章程》等有关规定，制订本规则。 第二条 董事会是公司经营决策机构，对股东会负责。董事会遵 照第一条规定的法律、法规、规范性文件、《公司章程》及本规则的 规定，履行职责。 第三条 董事会下设董事会办公室，董事会秘书或者证券事务代 表兼任董事会办公室负责人，处理董事会日常事务。 第二章 董事会的组成与职权 第四条 董事会由 11 名董事组成，其中独立董事不少于 4 人， 设董事长 1 人，副董事长 2 人，职工董事 1 人。董事会成员中应当至 少有三分之一为独立董事，董事长和副董事长由董事会以全体董事的 过半数选举产生。 第五条 董事会行使下列职权： （五）制订公司增加或者减少注册资本、发行债券或者其他证券 1 （一）召集股东会，并向股东会报告工作； （二）执行股东会的决议； （三）决定公司的经营计划和投资方案； （四）制订公司的利润分配 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 1,167,789,039.71, representing a 3.36% increase compared to CNY 1,129,856,708.75 in the same period last year[4] - Net profit attributable to shareholders was CNY 152,420,206.84, an increase of 11.91% from CNY 136,193,311.74 year-on-year[4] - Basic earnings per share rose to CNY 0.17, reflecting a 13.33% increase from CNY 0.15 in the same quarter last year[6] - Total operating revenue for Q1 2025 reached ¥1,167,789,039.71, a 3.1% increase from ¥1,129,856,708.75 in Q1 2024[19] - Net profit for Q1 2025 was ¥152,420,206.84, representing a 11.5% increase compared to ¥136,193,311.74 in Q1 2024[20] - Basic earnings per share for Q1 2025 were ¥0.17, compared to ¥0.15 in Q1 2024, indicating a 13.3% growth[20] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 56.64%, amounting to CNY 177,902,779.98, down from CNY 410,323,793.33 in the previous year[4] - Cash flow from operating activities for Q1 2025 was ¥177,902,779.98, down 56.6% from ¥410,323,793.33 in Q1 2024[22] - Cash and cash equivalents increased to CNY 1,604,848,519.32 from CNY 1,545,761,309.42, showing a rise of approximately 3.77%[14] - Cash and cash equivalents at the end of Q1 2025 totaled ¥1,604,848,519.32, a decrease from ¥1,775,138,140.86 at the end of Q1 2024[24] - Investment activities resulted in a net cash outflow of ¥118,815,570.08 in Q1 2025, compared to a net outflow of ¥257,078,698.16 in Q1 2024[23] Assets and Liabilities - Total assets at the end of the reporting period were CNY 9,870,245,356.08, a 2.68% increase from CNY 9,612,761,604.11 at the end of the previous year[6] - The company's current assets totaled CNY 6,352,470,963.14, up from CNY 6,060,074,431.72, indicating an increase of about 4.82%[14] - Inventory levels stood at CNY 3,568,544,817.15, slightly increasing from CNY 3,552,496,448.62, representing a growth of approximately 0.46%[14] - The total liabilities of the company were CNY 4,406,747,726.46, compared to CNY 4,307,062,977.58, marking an increase of around 2.31%[16] - The company's equity attributable to shareholders reached CNY 5,463,497,629.62, up from CNY 5,305,698,626.53, reflecting a growth of about 2.97%[16] - The company's long-term equity investments were valued at CNY 66,969,195.96, slightly increasing from CNY 66,166,599.63, which is a growth of about 1.21%[14] - The total non-current assets decreased to CNY 3,517,774,392.94 from CNY 3,552,687,172.39, reflecting a decline of approximately 0.98%[15] - The company's total liabilities to equity ratio improved to approximately 0.81 from 0.81, indicating stable leverage levels[16] Accounts and Receivables - The company reported a significant increase in accounts receivable by 108.28%, primarily due to increased sales settled by notes[8] - Accounts receivable rose to CNY 180,685,383.27 from CNY 86,750,796.43, indicating a significant increase of about 108.67%[14] Other Financial Metrics - The weighted average return on equity increased to 2.80%, up from 2.74% year-on-year[6] - The company recorded non-operating income of CNY 10,619,333.75, after accounting for tax impacts[7] - The total number of ordinary shareholders at the end of the reporting period was 189,888[10] - The company reported a gross profit margin of approximately 68.5% for Q1 2025, compared to 62.5% in Q1 2024[19] - Research and development expenses for Q1 2025 were ¥5,158,554.12, slightly down from ¥5,539,632.53 in Q1 2024[19] - The company did not report any net profit from mergers under common control for the current or previous period[21] - Contract liabilities increased by 34.34%, attributed to a rise in received payments[8]

Financial Performance - The company achieved a net profit attributable to shareholders of RMB 787,098,492.78 in 2024, representing an 18.19% increase from RMB 665,936,170.95 in 2023[22]. - Total revenue for 2024 was RMB 5,357,503,866.29, a 1.91% increase compared to RMB 5,257,266,465.50 in 2023[22]. - The net cash flow from operating activities decreased by 32.63% to RMB 535,470,778.51 in 2024 from RMB 794,764,785.26 in 2023[22]. - The company's total assets as of the end of 2024 were RMB 9,612,761,604.11, a 1.18% increase from RMB 9,500,531,996.36 at the end of 2023[22]. - The net assets attributable to shareholders increased by 10.30% to RMB 5,305,698,626.53 at the end of 2024 from RMB 4,810,284,182.33 at the end of 2023[22]. - Basic earnings per share (EPS) increased to 0.86 CNY, up 17.81% from 0.73 CNY in the previous period[24]. - Operating profit increased to ¥1,059,405,787.08, reflecting a growth of 19.79% compared to the previous year[44]. - The company reported a net profit excluding non-recurring gains and losses of RMB 738,105,885.54, up 20.12% from RMB 614,462,498.81 in 2023[22]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 5.5 per 10 shares, totaling RMB 503,111,094.20, which is 63.92% of the net profit attributable to shareholders[6]. - The cash dividend amount represents 63.92% of the net profit attributable to ordinary shareholders in the consolidated financial statements, which was CNY 787,098,492.78[132]. - Over the last three accounting years, the cumulative cash dividend amount (including tax) reached CNY 1,097,696,932.80, resulting in a cash dividend ratio of 152.41% based on the average annual net profit of CNY 720,210,459.40[134]. Market Position and Strategy - The company operates in the white liquor industry, which is characterized by intense competition and a low market concentration, with a trend towards premium and quality consumption[32]. - The company has a leading position in the Hebei province white liquor market, with its flagship product, Hengshui Laobai Gan, recognized for its high brand loyalty and market share[34]. - The company is positioned to capitalize on the increasing trend of premium liquor consumption, with a focus on brand differentiation and market expansion[32]. - The company aims to enhance brand influence through various marketing events and public relations activities, including the "Impression Hengshui Laobai Gan Wine Culture Festival" and other promotional events[28]. - The company emphasizes a marketing strategy centered on "brand, culture, quality, and experience," aiming to increase consumer loyalty and market share[91]. Research and Development - The company aims to optimize product structure and improve quality by collaborating with universities and research institutions to drive technological advancements in the industry[31]. - Research and development expenses rose by 20.48% to ¥15,944,904.64, primarily due to increased investment in R&D[47]. - The company has established multiple research platforms and introduced advanced research instruments to enhance its R&D capabilities[42]. - The company boasts a significant number of technical personnel, including 1 Chinese liquor master and 2 Chinese liquor craft masters, enhancing its R&D capabilities[41]. Operational Efficiency - The company is focused on cost control and operational efficiency through comprehensive optimization of supply chain and production management processes[30]. - The company has integrated resources by merging with Fenglian Liquor Industry to streamline its organizational structure and improve asset efficiency[30]. - The company achieved operating cash flow of 418,991,681.44 CNY in Q3 2024, recovering from a negative cash flow of -187,052,353.33 CNY in Q2 2024[26]. - The company plans to improve operational efficiency by 15% through strategic initiatives and cost management measures[109]. Environmental Responsibility - The company has invested a total of 129.12 million yuan in social responsibility projects, including 125.90 million yuan in financial donations to support underprivileged workers and families[166]. - The company achieved ISO14001 environmental management system certification, with the current certificate valid from November 18, 2024, to November 17, 2027[163]. - The company has implemented a self-monitoring plan for pollutant emissions, with real-time monitoring of COD, ammonia nitrogen, total nitrogen, and total phosphorus, connected to the local environmental protection bureau's monitoring platform[159]. - The company has conducted environmental monitoring twice a year for wastewater and air emissions, with results submitted to the local environmental protection bureau[161]. Governance and Management - The board of directors consists of 9 members, with independent directors accounting for over 50% of the board[100]. - The company has established a risk control system and continuously improves internal control systems to enhance operational management and risk prevention capabilities[104]. - The company emphasizes investor relations management, engaging with investors through performance briefings, site visits, and roadshows[103]. - The company has maintained a stable leadership structure with no changes in shareholdings or compensation for the current reporting period[108]. Future Outlook - Future guidance suggests an optimistic outlook with projected revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion strategies[109]. - The company plans to achieve revenue of 5.47 billion yuan in 2025, with costs controlled under 1.826 billion yuan and expenses not exceeding 1.658 billion yuan[91]. - The management discussed potential acquisition opportunities to strengthen the company's position in the industry, although no specific targets were mentioned[109].

关于河北衡水老白干酒业股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目 录 1、 专项审计报告 2、 附表 委托单位：河北衡水老白干酒业股份有限公司 审计单位：中喜会计师事务所（特殊普通合伙） 联系电话：010-67085873 关于河北衡水老白干酒业股份有限公司 非经营性资金占用及其他关联资金往来情况的专项说明 中喜特审2025T00183号 河北衡水老白干酒业股份有限公司全体股东： 我们接受委托，审计了河北衡水老白干酒业股份有限公司（以下简称老白 干酒公司）2024年度财务报表，包括2024年12月31日的合并及母公司资产负债 表，2024年度的合并及母公司利润表、合并及母公司现金流量表、合并及母公 司所有者权益变动表，以及财务报表附注，并于2025年4月24日出具了中喜财审 2025S01309号标准无保留意见的审计报告。 老白干酒公司管理层按照中国证券监督管理委员会《上市公司监管指引第8 号——上市公司资金往来、对外担保的监管要求》和上海证券交易所发布的 《上海证券交易所上市公司自律监管指南第2号——业务办理》的规定编制了后 附的河北衡水老白干酒业股份有限公司2024年度 ...

关于河北衡水老白干酒业股份有限公司 非经营性资金占用及其他关联资金往来情况的 专项说明 中喜特审 2025T00183 号 中喜会计师事务所（特殊普通合伙） 内 容 二、河北衡水老白干酒业股份有限公司非经营性资金占用及 3 其他关联资金往来情况汇总表 三、会计师事务所营业执照及资质证书 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn 地址： 北京市东城区崇文门外大街 11 号新成文化大厦 A 座 11 层 邮编: 100062 电话:010-67085873 传真:010-67084147 邮 箱： zhongxi@zhongxicpa.net 目录 页 次 一、关于河北衡水老白干酒业股份有限公司非经营性资金占 1-2 用及其他关联资金往来情况的专项说明 中喜会计师事务所(特殊普通合伙) ZHONGXI CPAs (SPECIAL GENERAL PARTNERSHIP) 关于河北衡水老白干酒业股份有限公司 非经营性资金占用及其他关联资金往来情况的专项说明 中喜特审2025T00183号 河北衡水老白干酒业股份有限公司全体股东: 我们接受委托,审计了河北衡 ...

经核查独立董事张双才先生、宋学宝先生、何海明先生、张学 军先生、兰霞女士的任职经历以及签署的相关自查文件，上述人员 未在公司担任除独立董事以外的任何职务，也未在公司主要股东公 司担任任何职务，与公司以及主要股东之间不存在利害关系或其他 可能妨碍其进行独立客观判断的关系。因此，公司现任独立董事符 合《上市公司独立董事管理办法》《上海证券交易所上市公司自律监 管指引第 1 号——规范运作》中对独立董事独立性的相关要求。 河北衡水老白干酒业股份有限公司董事会 2025 年 4 月 24 日 河北衡水老白干酒业股份有限公司董事会 对独立董事独立性自查情况的专项报告 根据《上市公司独立董事管理办法》、《上海证券交易所股票上 市规则》、《上市公司自律监管指引第 1 号——规范运作》等法律、 行政法规、规范性文件及《公司章程》《公司独立董事工作制度》的 有关规定，河北衡水老白干酒业股份有限公司（以下简称"公司"） 董事会，就公司在任独立董事张双才先生、宋学宝先生、何海明先 生、张学军先生、兰霞女士的独立性情况进行评估并出具如下专项 意见： ...

河北衡水老白干酒业股份有限公司 2024年度内部控制评价报告 河北衡水老白干酒业股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称企业内部 控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项 监督的基础上，我们对公司2024年12月31日（内部控制评价报告基准日）的内部控制有效性进行了评价。 一. 重要声明 公司代码：600559 公司简称：老白干酒 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性，并如实披露内 部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控制进行监督。经理层负责组织 领导企业内部控制的日常运行。公司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存 在任何虚假记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个别及连带法 律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信息真实完整，提 高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限性，故仅能为实现上述目标提供 合理保证。此外，由于情况 ...

河北衡水老白干酒业股份有限公司 董事会审计委员会 2024 年度履职情况报告 根据《上市公司治理准则》、《上海证券交易所上市公司董事会审 计委员会运作指引》、《上海证券交易所股票上市规则》、《公司章程》 和《河北衡水老白干酒业股份有限公司董事会审计委员会议事规则》 的相关规定，河北衡水老白干酒业股份有限公司（以下简称"公司"） 董事会审计委员会本着勤勉尽责的原则，认真履行审计监督职责，现 将2024年度履职情况报告如下： 一、董事会审计委员会基本情况 2024年，公司第八届董事会审计委员会由独立董事张双才先生、 独立董事兰霞女士、独立董事宋学宝先生 3 人组成，其中主任委员由 具备会计和财务管理相关专业经验的张双才先生担任。 二、董事会审计委员会会议召开情况 报告期内，公司董事会审计委员会共召开 7 次会议，会议召开情 况如下： 1、2024 年 1 月 5 日召开会议，听取了总经理、财务总监关于 2023 年公司整体经营情况的报告，认真审阅了公司 2023 年未经审计 的财务会计报表及相关资料后，提请公司财务中心认真学习上交所 《关于做好上市公司 2023 年年度报告工作的通知》等有关规定，严 格执行企业会 ...