关于福建省燕京惠泉啤酒股份有限公司 地址：福州市鼓楼区洪山园路华润万象城三期 TB#写字楼 22 层 邮政编码：350025 电话：（0591）8806 5558 网址：http://www.zenithlawyer.com 1 福建至理律师事务所 关于福建省燕京惠泉啤酒股份有限公司 2024 年年度股东会的法律意见书 闽理非诉字〔2025〕第 140 号 致：福建省燕京惠泉啤酒股份有限公司 2024 年年度股东会的 法 律 意 见 书 福建至理律师事务所 福建至理律师事务所（以下简称"本所"）接受福建省燕京惠泉啤酒股份有 限公司（以下简称"公司"）之委托，指派陈宓、蒋慧律师（以下简称"本所律 师"）出席公司 2024 年年度股东会（以下简称"本次会议"），并依据《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》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》（以下简称《自律监管指引第 1 号》）等有关法律、法规、规范 性文件以及《福建省燕京惠泉啤酒股份有限公司章程》（以下简称《公司章程》） 之规定出具法律意见。 对于本法律意 ...

2024年年度股东会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 172 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 126,488,284 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股份总数 | 50.5953 | | 的比例（%） | | (四) 表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 证券代码：600573 证券简称：惠泉啤酒 公告编号：2025-014 福建省燕京惠泉啤酒股份有限公司 本次会议由公司董事会召集，公司董事长刘翔宇先生主持，会议采用现场投票 和网络投票相结合的方式召开。本次会议的召集、召开及表决方式均符合《公司法》 及《公司章程》的有关规定。 (五) 公司董事、监事和董事会秘书的出席情况 (一) 股东会召开的时间：2025 年 6 ...

Core Viewpoint - The company has demonstrated solid financial performance in 2024, with significant growth in net profit and revenue, while maintaining a focus on quality and brand development in a competitive beer market [8][24]. Group 1: Financial Performance - The company achieved a total beer sales volume of 228,600 hectoliters, a year-on-year increase of 0.06% [8]. - The operating revenue reached 647.06 million yuan, reflecting a year-on-year growth of 5.44% [8]. - The total profit amounted to 72.77 million yuan, marking a 24.94% increase compared to the previous year [8]. - The net profit attributable to shareholders was 64.83 million yuan, up 33.58% year-on-year [24]. Group 2: Operational Strategy - The company has implemented a strategy focused on quality, aiming to produce the best beer in China, which is reflected in its commitment to product excellence and management practices [8][10]. - The company has increased its market presence in key regions, particularly in the Greater Quanzhou area, which has seen a 50% increase in sales over the past five years [9]. - The company is actively promoting high-end products, with a focus on personalized and differentiated offerings, resulting in a significant increase in sales [9]. Group 3: Brand Development - The company has invested in brand cultivation and marketing, enhancing the recognition and reputation of its products, particularly the "Yimai" brand [9][10]. - The brand value reached 25.563 billion yuan in 2024, indicating a strong market presence [9]. - Marketing efforts included various promotional activities and sponsorships, which have helped to strengthen consumer loyalty and brand identity [9]. Group 4: Financial Management - The company reported a cash flow from operating activities of 132.64 million yuan, a 76.63% increase from the previous year, primarily due to improved cash management practices [22]. - The company’s total assets amounted to 168.11 million yuan, with a current asset ratio of 80.51% [19]. - The company’s debt-to-asset ratio was 22.25%, indicating a stable financial structure [19]. Group 5: Future Outlook - The company plans to continue its high-quality development strategy in 2025, focusing on product quality, brand strength, and market expansion [12]. - The beer industry is expected to continue facing intense competition, with a shift towards higher value and premium products [12].

料 二〇二五年六月 目 录 |  | 2024 年年度股东会日程安排 | 1 | | --- | --- | --- | | 第一项 | 2024 年度董事会工作报告 2 | | | 第二项 | 2024 年度监事会工作报告 8 | | | 第三项 | 2024 年度财务决算报告 11 | | | 第四项 | 《2024 年年度报告》全文及摘要 17 | | | 第五项 | 2024 年度利润分配议案 | 18 | | 第六项 | 关于聘请安永华明会计师事务所（特殊普通合伙）为公司2025 | | | | 年度财务报告和内控报告审计机构的议案 19 | | | 第七项 | 关于修订《公司章程》的议案 | 22 | | 第八项 | 关于修订《股东大会议事规则》的议案 | 38 | | 第九项 | 关于修订《董事会议事规则》的议案 | 45 | | 听 取 | 2024 年度独立董事述职报告 | 48 | 福建省燕京惠泉啤酒股份有限公司 2024 年年度股东会 会 议 资 1 福建省燕京惠泉啤酒股份有限公司 2024 年年度股东会会议资料 2024 年年度股东会 会 议 资 料 之 一 福建省燕京惠泉啤酒股 ...

二、董事会会议审议情况： 证券代码：600573 证券简称：惠泉啤酒 公告编号：2025-011 福建省燕京惠泉啤酒股份有限公司 第九届董事会第十五次会议决议公告 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个别及连带责任。 一、董事会会议召开情况： 福建省燕京惠泉啤酒股份有限公司（以下简称"公司"）第九届董 事会第十五次会议通知于 2025 年 5 月 26 日以传真、电子邮件等方式传 达至各董事，会议于 2025 年 6 月 5 日在公司办公楼二楼会议室以现场加 通讯（视频）方式召开。本次会议应到董事 9 人，实到 9 人，董事刘翔 宇、王岳、陈济庭、茹晓明、孙宝明、陈福存、陈及、肖珉、袁吉锋亲 自出席会议并参加表决。会议由董事长刘翔宇先生主持。公司监事和高 管列席了会议。会议召集、召开程序符合《公司法》、《公司章程》的有 关规定。 1. 审议通过《关于召开 2024 年年度股东会的议案》。 会议决定，于 2025 年 6 月 26 日 14:30 在公司办公楼二楼会议室召开 2024 年年度股东会，本次大会采用现场投票和网络投票 ...

福建省燕京惠泉啤酒股份有限公司（以下简称"公司"）第九届 董事会、监事会目前已任期届满。鉴于公司新一届董事会候选人提名、 监事会改革事项等工作正在进行中且尚未完成，为保证公司董事会、 监事会相关工作的连续性及稳定性，公司董事会、监事会换届选举工 作将适当延期，公司董事会各专门委员会任期亦相应顺延。 在新一届董事会、监事会换届选举工作完成之前，公司第九届董 事会、监事会、董事会各专门委员会全体成员将依照法律法规和《公 司章程》的相关规定继续履行相应的职责和义务。 公司董事会、监事会延期换届不会影响公司正常运营。公司将积 极推进相关工作，尽快完成换届选举工作，并及时履行相应的信息披 露义务。 特此公告。 证券代码：600573 证券简称：惠泉啤酒 公告编号：2025-013 福建省燕京惠泉啤酒股份有限公司 关于董事会、监事会延期换届的公告 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。 福建省燕京惠泉啤酒股份有限公司 董 事 会 二○二五年六月六日 ...

证券代码：600573 证券简称：惠泉啤酒 公告编号：2025-012 福建省燕京惠泉啤酒股份有限公司 关于召开2024年年度股东会的通知 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、 召开会议的基本情况 召开的日期时间：2025 年 6 月 26 日 14 点 30 分 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 6 月 26 日 至2025 年 6 月 26 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股东会 召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网投票 平台的投票时间为股东会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程序 股东会召开日期：2025年6月26日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 (一) 股东会类型和届次：2024年年度股东会 (二) 股东会召集人：董事会 (三) 投票方式：本次 ...

证券代码：600573 证券简称：惠泉啤酒 公告编号： 2025-011 福建省燕京惠泉啤酒股份有限公司 第九届董事会第十五次会议决议公告 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个别及连带责任。 一、董事会会议召开情况： 二、董事会会议审议情况： 1. 审议通过《关于召开 2024 年年度股东会的议案》。 会议决定，于 2025 年 6 月 26 日 14:30 在公司办公楼二楼会议室 召开 2024 年年度股东会，本次大会采用现场投票和网络投票相结合的 方式。 详见公司 2025 年 6 月 6 日披露的《关于召开 2024 年年度股东会 的通知》。 该项议案表决情况：同意 9 票，反对 0 票，弃权 0 票。 特此公告。 福建省燕京惠泉啤酒股份有限公司 福建省燕京惠泉啤酒股份有限公司（以下简称"公司"）第九届董 事会第十五次会议通知于 2025 年 5 月 26 日以传真、电子邮件等方式 传达至各董事，会议于 2025 年 6 月 5 日在公司办公楼二楼会议室以现 场加通讯（视频）方式召开。本次会议应到董事 9 人，实到 9 ...

Summary of Huiquan Beer Conference Call Company Overview - Huiquan Beer has achieved significant growth in recent years, with annual revenue growth exceeding 20%, and in some years approaching 50% [2][3] - Sales volume increased from 208,000 hectoliters to 228,500 hectoliters, representing a 10% growth [2][3] - In Q1 2025, net profit increased by 23.72% year-on-year, reaching a historical high [2][3] Core Insights and Arguments - **Product Quality Improvement**: The company has reduced the concentration of key aldehyde substances to the lowest level in the industry, with total control below 20 micrograms per liter and ethanol content below 2 milligrams per liter [2][5] - **Diverse Product Matrix**: Huiquan Beer offers a distinctive product range, including Yi Mai Beer, Huiquan Fresh Beer series, and European Knight Beer series, catering to various consumer needs [2][5] - **Emerging Consumption Scenarios**: The company has diversified its consumption scenarios beyond traditional dining and nightlife to include music festivals, barbecue stalls, and camping sites, which have become important markets [2][5] - **High-End Market Demand**: The high-end beer market now accounts for over 50% of sales, indicating strong consumer recognition [2][5] Strategic Plans and Future Development - Huiquan Beer plans to focus on its core business and implement effective strategies to solidify its foundation, expand its market, strengthen its supply chain, and enforce development pathways [2][6] - The company aims to develop 1 to 2 advantageous markets and increase the proportion of high-quality markets [6][29] - Continuous quality improvement and accelerated product innovation are priorities, with plans to launch low-sugar, low-calorie, and new types of products [6][7] Market Channel and Sales Structure - Sales distribution: Restaurant channels account for approximately 30%-40%, nightlife channels about 15%, circulation channels also 30%-40%, and supermarkets around 15% [4][15] - The restaurant channel has seen significant growth, increasing from about 10% five years ago to the current 30%-40% [15] - The company has established a new channel department to develop high-performance channels, such as community supermarkets [21] Production and Operational Efficiency - Huiquan Beer has optimized its production capacity through the introduction of advanced technology and equipment, enhancing production efficiency and product quality [12][16] - The company is leveraging big data and AI for precise marketing and product development, while also advancing smart warehousing logistics projects to reduce costs and improve operational efficiency [12][19] Financial Performance and Cost Structure - The cost structure includes raw material costs at approximately 20%, packaging costs at about 40%, and labor costs at around 10% [22] - The company has managed to stabilize raw material prices, which positively impacts gross margins [22] Brand Building and Market Position - Huiquan Beer is focused on building a well-known regional brand in Southeast China, emphasizing its cultural values and engaging consumers emotionally [10][11] - The company has a strong market share in the Quanzhou region, increasing from approximately 50,000 hectoliters five years ago to 100,000 hectoliters, maintaining a market share of about 30% [20] Dividend Policy - Huiquan Beer has maintained a consistent dividend policy since 2007, with a cash dividend ratio of 30%, and plans to increase this ratio if business conditions allow [28]

Core Insights - The beer sector experienced a significant increase of 3.85%, leading the concept sectors in terms of growth, with 24 stocks rising, including notable gainers such as Jiamei Packaging, Yongshuntai, and Lehui International, which hit the daily limit up [1][2] Sector Performance - The beer concept was the top-performing sector today, with a rise of 3.85%, while other sectors like military restructuring and glyphosate saw declines of -0.34% and -0.26% respectively [2] - Major gainers in the beer sector included: - Pinwo Food: +12.84% - Huichuan Beer: +7.03% - China Haicheng: +5.50% [1] Capital Flow - The beer sector attracted a net inflow of 488 million yuan from main funds, with 17 stocks receiving net inflows, and 5 stocks exceeding 30 million yuan in net inflow [2][3] - The top stocks by net inflow included: - Emei Mountain A: 209 million yuan - Yongshuntai: 109 million yuan - Jiamei Packaging: 54 million yuan [2] Stock Performance - Key stocks in the beer sector with notable performance included: - Emei Mountain A: +10.00% with a net inflow ratio of 30.30% - Yongshuntai: +10.01% with a net inflow ratio of 18.06% - Jiamei Packaging: +10.12% with a net inflow ratio of 30.81% [3][4] - Other stocks with positive movement included: - Pinwo Food: +12.84% - China Haicheng: +5.50% [1][4]