证券代码：600696 证券简称：*ST岩石 公告编号：2025－029 关于诉讼进展的公告 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、诉讼的基本情况 上海贵酒股份有限公司（以下简称"公司"）于2024年9月7日披露了湖南灵象 文化传媒有限公司（以下简称"湖南灵象"）与公司的广告合同纠纷一案，具体请 见《上海贵酒股份有限公司关于涉及诉讼的公告》（2024-061）。公司于近日收 到法院送达的《民事判决书》（（2025）沪01民终4690号）。 二、民事判决书的主要内容 （一）事实与理由 原告认为：原告与公司签署了《广告发布协议》。原告依约完成了广告投 放内容并向被告发送了结案报告，被告仍有部分广告费用尚未支付。 （二）判决书的主要内容 1、判令公司于判决生效之日起十日内给付湖南灵象广告服务款40,000,000 元； 2、判令公司于判决生效之日起十日内偿付湖南灵象以20,000,000元为基数， 自2023年12月22日起至实际清偿日止，以15,000,000元为基数，自2024年1月13 日起至实际 ...

上海贵酒股份有限公司 2024年年度股东大会 会议资料 会议召开时间：2025年5月23日 1 | | | 2024 年年度股东大会会议须知 为维护全体股东的合法权益，确保上海贵酒股份有限公司（以下 简称"公司"）股东大会的顺利进行，本公司董事会根据有关法律法规 和《公司章程》的规定，特制定以下会议须知，请出席会议的全体人 员自觉遵守。 1、会议设立股东大会秘书处，具体负责会议有关程序方面的事宜。 2、出席现场会议的人员为股东或股东代理人、董事、监事、高管、 聘请的股东大会见证律师及其他邀请人员，大会秘书处有权依法拒绝 其他人员进入会场。出席会议的全体人员均须在会议签到处（设在会 场入口）签到并领取会议资料后进入会场。 3、与会者进入会场后请将手机等通讯工具置于静音状态。 4、召集人在会议的召开过程中，应当维护股东的合法权益，确保 会议正常秩序和议事效率，认真履行法定职责。 5、股东参加股东会议，依法享有发言权、表决权等各项权利，并 认真履行法定义务，不得侵犯其他股东利益或干扰会议正常秩序。 6、股东需要发言或提问，请举手示意，每位股东发言时间一般不 超过 3 分钟，发言人数 10 人为限，发言内容应围绕会议 ...

证券代码：600696 证券简称：*ST岩石 公告编号：2025－028 上海贵酒股份有限公司 特此公告 关于副董事长辞去职务的公告 上海贵酒股份有限公司董事会 2025年5月14日 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。 1 上海贵酒股份有限公司（以下简称"公司"）董事会于近日收到公司副董事长 陈琪先生的书面辞任报告。因个人原因，陈琪先生申请辞去公司副董事长的职务。 根据《公司法》及《公司章程》等相关规定，陈琪先生的辞任报告自送达公司董 事会之日起生效。辞去副董事长职务后，陈琪先生仍担任公司董事并代行董事会 秘书的职责。 因公司董事长韩啸先生被公安机关采取刑事强制措施，无法正常履职，根据 相关规定由副董事长陈琪先生代行董事长职责。现因陈琪先生申请辞去副董事长 职务，公司将尽快确定代行董事长职责的人选，在人选确认之前，陈琪先生仍代 行董事长的职责。 ...

证券代码：600696 证券简称：*ST岩石 公告编号：2025－027 上海贵酒股份有限公司 关于股票交易异常波动的公告 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： ● 截至 2025 年 4 月 30 日上海证券交易所交易收盘，上海贵酒股份有限公司（以 下简称"公司"）股票交易连续 3 个交易日内日收盘价格跌幅偏离值累计达 12.00%。 根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动。 ● 公司 2024 年经审计的归属于上市公司股东的净利润为负且营业收入低于 3 亿 元，触及《上海证券交易所股票上市规则》第 9.3.2 条第一款第（一）项规定的情形， 公司股票已于 2025 年 4 月 23 日起被实施退市风险警示（股票代码前冠以*ST）。具 体详见《上海贵酒股份有限公司关于公司股票停牌并实施退市风险警示的公告》 （2025-022）。敬请广大投资者注意投资风险。 ● 公司已于 2025 年 4 月 30 日披露了《上海贵酒股份有限公司 2025 年第一季度 报告》，报告期内公司实现 ...

Core Viewpoint - The white liquor industry is experiencing a significant slowdown in growth, with many companies reporting declining revenues and profits, indicating a challenging market environment [1][12][18]. Group 1: Industry Performance - As of April 29, nearly all listed white liquor companies reported a slowdown in performance for 2024, with six companies experiencing a year-on-year revenue decline [1][4]. - In the first quarter of 2025, nearly half of the white liquor companies reported negative performance, with some experiencing revenue declines of 20% to 30% [1][12]. - The total revenue of all white liquor companies in 2024 exceeded 440 billion yuan, primarily driven by growth from leading companies like Moutai [4][7]. Group 2: Market Dynamics - The competitive landscape of the white liquor industry has shifted, with Shanxi Fenjiu rising to the third position among leading brands, indicating a consolidation of market power among top players [2][8]. - Over the past five years, the rankings of the top ten white liquor companies have changed significantly, with new entrants and established brands experiencing shifts in their market positions [10][11]. - The performance of mid-sized and smaller liquor companies has generally been poor, with some facing delisting risks [2][12]. Group 3: Future Outlook - Analysts suggest that the white liquor industry is currently in a "bottoming out" phase, with expectations of continued low performance in the second quarter of 2025 [2][17]. - The core issue facing the industry is weak consumer demand, with a need for companies to connect with younger consumers and explore new market segments [18].

Core Viewpoint - The white liquor industry is experiencing a significant slowdown in growth, with many companies reporting declining revenues and profits, indicating a challenging market environment [1][2][8]. Group 1: Industry Performance - As of April 29, nearly all listed white liquor companies reported a slowdown in performance for the 2024 annual report and the first quarter of 2025, with six companies experiencing a year-on-year revenue decline [1][2]. - In the first quarter of 2025, nearly half of the white liquor companies reported negative performance, with some experiencing revenue declines of 20% to 30% [1][8]. - The total revenue of all white liquor companies in 2024 exceeded 440 billion yuan, primarily driven by growth from leading companies like Moutai [3][5]. Group 2: Market Dynamics - The competitive landscape of the white liquor industry has shifted, with Shanxi Fenjiu rising to the third position among leading brands, indicating a consolidation of the market among top players [2][5]. - The top ten white liquor companies have seen significant changes in rankings over the past five years, with new entrants and established brands experiencing shifts in their market positions [6][7]. - The performance of mid-sized and smaller liquor companies has generally been poor, with some facing delisting risks due to continued underperformance [2][12]. Group 3: Future Outlook - Analysts suggest that the white liquor industry is currently in a "bottoming out" phase, with expectations of continued low performance in the second quarter of 2025 [2][13]. - The industry faces challenges in consumer demand, particularly in attracting younger consumers, which is crucial for future growth [12][13]. - Despite some companies maintaining double-digit growth, the overall market sentiment remains pessimistic, with concerns about the sustainability of this growth amid macroeconomic uncertainties [12][13].

Financial Performance - The company's operating revenue for Q1 2025 was ¥14,984,338.49, representing a decrease of 86.25% compared to ¥108,962,455.79 in the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥19,325,268.67, slightly improved by 1.71% from a loss of ¥19,660,817.66 in the previous year[5]. - The company reported a significant decrease in operating revenue compared to the same period last year, attributed to a slowdown in consumer demand and industry challenges[12]. - Total revenue for Q1 2025 was CNY 14,984,338.49, a significant decrease of 86.23% compared to CNY 108,962,455.79 in Q1 2024[22]. - Net loss for Q1 2025 was CNY 18,320,644.06, compared to a net loss of CNY 14,192,248.09 in Q1 2024, indicating a worsening financial position[24]. - Operating profit for Q1 2025 was -CNY 13,860,667.08, compared to -CNY 8,307,393.40 in Q1 2024, reflecting increased operational challenges[23]. Cash Flow and Assets - The net cash flow from operating activities improved significantly, with a net outflow of ¥239,935.53, a 99.18% reduction compared to a net outflow of ¥29,186,441.52 last year[5]. - Cash received from sales in Q1 2025 was CNY 16,312,512.41, a decline of 61.94% from CNY 42,852,140.54 in Q1 2024[27]. - Total cash inflow from financing activities amounted to 196,422,000.00, while cash outflow was 187,253,957.53, resulting in a net cash flow of 9,168,042.47[29]. - The cash and cash equivalents at the end of the period were 6,111,640.59 and 8,683,547.67 for the respective periods[29]. - The total cash outflow from operating activities was 16,906,759.51 and 78,388,320.85 for the respective periods[28]. - The company's total current assets amounted to approximately CNY 644.46 million, a slight decrease from CNY 652.44 million at the end of 2024[17]. - The company's inventory stood at CNY 519.25 million as of March 31, 2025, down from CNY 526.26 million at the end of 2024[17]. - The company's fixed assets were valued at CNY 205.87 million as of March 31, 2025, compared to CNY 209.65 million at the end of 2024[17]. Shareholder and Equity Information - The equity attributable to shareholders decreased by 4.84% to ¥379,944,865.40 from ¥399,270,134.07 at the end of the previous year[6]. - The company's equity decreased to CNY 565,446,134.68 from CNY 583,766,778.74, indicating a decline in shareholder value[19]. - The company had a total of 44,304 common shareholders at the end of the reporting period[10]. - The company reported a basic and diluted earnings per share of -CNY 0.06 for Q1 2025, consistent with the previous year[24]. Legal and Regulatory Issues - The actual controller of the company is under criminal investigation, and 64.80% of the shares held by the controlling shareholder and its concerted actors have been judicially frozen[13]. - The company has been placed under delisting risk warning as of April 23, 2025, due to negative net profit and insufficient operating revenue[14]. - The company has reported a significant number of lawsuits due to debt defaults, impacting its operational stability[12]. Industry Context - The significant decline in operating revenue was primarily due to a decrease in liquor sales[9]. - The overall recovery of the liquor industry has not met expectations, leading to increased pressure on smaller brands and companies[12]. - The company is facing financial pressure, with a significant reduction in brand investment and marketing activities due to tight cash flow[12]. Commitment to Reporting - The company is committed to ensuring the accuracy and completeness of its financial reporting, with all board members and management affirming the integrity of the quarterly report[3].

证券代码：600696 证券简称：*ST岩石 公告编号：2025－026 上海贵酒股份有限公司 关于召开2024年度网上业绩说明会的公告 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： 会议问题征集方式：投资者可于 2025 年 5 月 6 日（星期二）至 2025 年 5 月 8 日（星期四）下午 16:00 前，通过电话、电子邮件、"约调研"平台等方式 向上海贵酒股份有限公司（以下简称"公司"）提出关注的问题，公司将在说明 会上就投资者普遍关注的问题，在信息披露允许的范围内进行回答。 一、说明会类型 公司于 2025 年 4 月 22 日在指定信息披露媒体披露了《2024 年年度报告》 及其摘要，为便于广大投资者更全面深入地了解公司 2024 年度的经营成果及财 务状况，公司拟于 2025 年 5 月 9 日（星期五）下午 15：00—16：00 召开"2024 年度业绩说明会"。 本次业绩说明会以网络互动的形式召开，公司将针对 2024 年年度的经营成 果及财务指标的具体情况与投资者进行互动交流，在信息披 ...

Industry Dynamics - In March, the production of liquor by large-scale enterprises in China decreased by 0.8% year-on-year, totaling 378,000 kiloliters, with a cumulative production of 1,032,000 kiloliters in the first three months, down 7.3% year-on-year [4] - Beer production increased by 1.9% year-on-year in March, reaching 3,128,000 kiloliters, but the cumulative production for the first three months fell by 2.2% [4] - Wine production saw a significant decline of 25% year-on-year in March, with a total of 9,000 kiloliters produced, and a cumulative production of 24,000 kiloliters in the first three months, also down 25% [4] - The Ministry of Industry and Information Technology announced a list of 40 key traditional food industries for cultivation, including liquor categories such as Baijiu, Huangjiu, and wine, aimed at boosting economic development and enhancing domestic demand [4] - Five liquor enterprises were recognized in the national-level skills master studio list, highlighting the industry's focus on skill development and training [7] Company Dynamics - Yanjing Beer reported a revenue of 14.667 billion yuan for 2024, a year-on-year increase of 3.2%, with a net profit of 1.056 billion yuan, up 63.74% [8] - Shanghai Gui Jiu (Rocky Co.) reported a revenue of 285 million yuan, a significant decline of 82.54%, with a net loss of 217 million yuan, down 349.63% [9] - Tianyoude Jiu reported a revenue of 1.255 billion yuan, a year-on-year increase of 3.69%, but a net profit decline of 52.96% to 42.135 million yuan [10] - Wuliangye reported a revenue of 89.175 billion yuan, a year-on-year increase of 7.09%, with a net profit of 31.853 billion yuan, up 5.44% [10] - Moutai achieved sales exceeding 10 million yuan during the China International Consumer Products Expo, showcasing strong consumer interest in its products [10] - Luzhou Laojiao received the first data intellectual property registration certificate in the liquor industry for real-time monitoring data of bottled liquor, indicating a focus on quality control [11] - Yanghe Baijiu's cellar group was certified by Guinness World Records as the largest scale of liquor cellars, emphasizing the company's production capacity [11]

证券代码：600696 证券简称：*ST岩石 公告编号：2025－025 上海贵酒股份有限公司关于2022年员工持股计划 第二个考核期业绩未达成的提示性公告 上海贵酒股份有限公司（以下简称"公司"）2022 年员工持股计划（以下简称 "本持股计划"、"本员工持股计划"）第二个锁定期已于 2024 年 9 月 8 日届满，同 时根据公司 2024 年业绩完成情况，本持股计划第二个锁定期解锁条件未达成。 根据《关于上市公司实施员工持股计划试点的指导意见》《上海证券交易所上 市公司自律监管指引第 1 号——规范运作》及《上海贵酒股份有限公司 2022 年员 工持股计划（草案）（修订稿）》（以下简称"《持股计划（草案修订稿）》"）等 相关规定，现将相关事项公告如下： 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、公司 2022 年员工持股计划概述 公司分别于 2022 年 4 月 7 日和 2022 年 4 月 29 日召开了公司第九届董事会第 十七次会议和 2022 年第一次临时股东大会，审议通过了《关于<上海贵酒股份有 限公 ...