Core Insights - Sichuan Water Well Square Co., Ltd. reported a significant decline in financial performance for the first half of 2025, with total revenue of 1.498 billion yuan, a year-on-year decrease of 12.84% [2] - The net profit attributable to shareholders fell to 105 million yuan, down 56.52% compared to the previous year [2] - The company experienced a net cash flow loss from operating activities amounting to 505 million yuan, primarily due to increased cash outflows related to the procurement of raw materials and operational expenses following the commissioning of the Qionglai full-industry production base project [2] Financial Performance - Total revenue for the first half of 2025 was 1.498 billion yuan, reflecting a 12.84% decline year-on-year [2] - Net profit attributable to shareholders was reported at 105 million yuan, marking a 56.52% decrease year-on-year [2] - The net cash flow from operating activities showed a loss of 505 million yuan [2] Product Performance - High-end products were the main contributors to the company's revenue, generating 1.305 billion yuan, although this represented a 14% decline year-on-year [2] - Mid-range products achieved revenue of 87 million yuan, down 10.37% year-on-year [2]

证券代码：600779 证券简称：水井坊 公告编号：2025-027 四川水井坊股份有限公司 2025 年半年度经营数据公告 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。 根据《上海证券交易所上市公司自律监管指引第3号—行业信息披露》之《第 十二号—酒制造》的相关规定，现将四川水井坊股份有限公司（以下简称"公司"） 2025年半年度主要经营数据（未经审计）公告如下： 单位:个 | 区域名称 | 报告期末经销商数量 | 报告期内增加数量 | 报告期内减少数量 | | --- | --- | --- | --- | | 国内 | 51 | 9 | 14 | | 国外 | 2 | 0 | 3 | 单位：万元 币种：人民币 渠道类型 本期销售收入 上期销售收入 本期销售量 （千升） 上期销售量 （千升） 新渠道 46,765.20 20,681.62 1,672.33 577.94 批发代理 92,387.52 140,722.89 2,604.89 3,156.71 合计 139,152.72 161,404.51 4,277.2 ...

证券代码：600779 证券简称：水井坊 公告编号：2025-026 四川水井坊股份有限公司 关于召开2025年第一次临时股东会的通知 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 (一) 股东会类型和届次 2025年第一次临时股东会 召开的日期时间：2025 年 9 月 18 日 9 点 30 分 召开地点：成都市锦江区水井街 19 号水井坊博物馆多功能厅 (五) 网络投票的系统、起止日期和投票时间。 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 9 月 18 日 股东会召开日期：2025年9月18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 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 (四) 现场会议召开的日期、时间和地点 至2025 年 9 月 18 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: ...

证券代码：600779 证券简称：水井坊 公 告 编 号 ： 四川水井坊股份有限公司 2025-025 十一届董事会 2025 年第二次会议决议公告 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。 四川水井坊股份有限公司（以下简称"公司"）于2025 年8 月28 日以通讯表决 方式召开了十一届董事会2025 年第二次会议。会议通知于2025 年8 月18 日通过电 子邮件方式送达全体董事。会议应到董事8 人，实到董事8 人。会议的召集、通知、 召开时间、地点、方式及出席人数均符合《公司法》《公司章程》及相关法律法规的规 定，合法、有效。会议由董事长范祥福先生主持，经与会董事认真审议、依法表决， 通过了如下决议： 一、 审议通过了公司《2025 年半年度报告》及其摘要 本议案具体内容详见公司同日在上海证券交易所网站（http://www.sse.com.cn） 与公司指定的信息披露媒体披露的《水井坊2025 年半年度报告》《水井坊2025 年半 年度报告摘要》。 本议案在提交董事会审议之前已经公司审计委员会审议通过，审计委员会 ...

Group 1 - The core viewpoint of the article highlights that Shuijingfang (600779) reported a decline in both revenue and net profit for the first half of 2025, indicating challenges in the liquor industry [1] Group 2 - For the first half of 2025, the company achieved an operating income of 1.498 billion yuan, a year-on-year decrease of 12.84% [1] - The net profit attributable to shareholders of the listed company was 105 million yuan, reflecting a year-on-year decline of 56.52% [1] - The basic earnings per share were reported at 0.2175 yuan [1] Group 3 - The liquor industry is still undergoing a deep adjustment phase, particularly affecting traditional consumption scenarios such as business banquets and gatherings, leading to a slowdown in market recovery [1]

四川水井坊股份有限公司2025 年半年度报告 公司代码：600779 公司简称：水井坊 四川水井坊股份有限公司 2025 年半年度报告 1 / 147 四川水井坊股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会及董事、高级管理人员保证半年度报告内容的真实性、准确性、完整性，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人胡庭洲、主管会计工作负责人蒋磊峰及会计机构负责人（会计主管人员）徐金 金声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告第三节管理 ...

水井坊公告，2025年上半年营业收入14.98亿元，同比下降12.84%。净利润1.05亿元，同比下降 56.52%。 ...

Group 1 - The core viewpoint of the news is that Sichuan Water Well Square Co., Ltd. has experienced fluctuations in stock price and trading volume, with a notable decline in stock price year-to-date and mixed performance in recent trading days [1] - As of August 28, the stock price of Water Well Square was reported at 45.58 yuan per share, with a total market capitalization of 22.22 billion yuan [1] - The company has a primary business focus on the production and sales of high-end liquor, with high-end products accounting for 91.32% of its main business revenue [1] Group 2 - For the first quarter of 2025, Water Well Square achieved operating revenue of 959 million yuan, representing a year-on-year growth of 2.74%, and a net profit attributable to shareholders of 190 million yuan, with a year-on-year increase of 2.15% [2] - The company has distributed a total of 5.378 billion yuan in dividends since its A-share listing, with 1.28 billion yuan distributed in the last three years [3] - As of March 31, 2025, the number of shareholders of Water Well Square decreased by 8.06% to 86,400, while the average circulating shares per person increased by 8.77% to 5,640 shares [2][3]

Group 1 - The stock price of Shui Jing Fang closed at 48.01 yuan on August 26, 2025, down by 1.00 yuan, a decrease of 2.04% from the previous trading day [1] - The trading volume for the day was 115,475 lots, with a total transaction amount of 559 million yuan [1] - Shui Jing Fang operates in the liquor industry, specializing in the production and sale of Baijiu, with products covering high-end, sub-high-end, and mid-range markets [1] Group 2 - The company disclosed an earnings forecast indicating a projected net profit decline of 56.52% year-on-year for the first half of 2025 [1] - It is estimated that the company may incur a single-quarter loss exceeding 80 million yuan in the second quarter of 2025 [1] - On August 26, 2025, the net outflow of main funds for Shui Jing Fang was 29.02 million yuan, accounting for 0.12% of the circulating market value [1] Group 3 - Over the past five trading days, the cumulative net inflow of main funds was 4.0455 million yuan, representing 0.02% of the circulating market value [1]

Group 1 - The stock price of Shuijingfang has decreased by 8.63% year-to-date, but has increased by 9.01% in the last 5 trading days, 15.36% in the last 20 days, and 14.54% in the last 60 days [2] - As of March 31, 2025, Shuijingfang achieved a revenue of 959 million yuan, representing a year-on-year growth of 2.74%, and a net profit attributable to shareholders of 190 million yuan, with a year-on-year increase of 2.15% [2] - The company has cumulatively distributed 5.378 billion yuan in dividends since its A-share listing, with 1.28 billion yuan distributed in the last three years [3] Group 2 - The main business of Shuijingfang involves the production and sales of liquor products, with high-end products accounting for 91.32% of total revenue, mid-range products 5.07%, and others 3.62% [2] - As of March 31, 2025, the number of shareholders of Shuijingfang was 86,400, a decrease of 8.06% from the previous period, while the average circulating shares per person increased by 8.77% to 5,640 shares [2] - The major shareholders include the China Securities Index White Wine Index A, holding 13.9746 million shares, and Hong Kong Central Clearing Limited, holding 10.7463 million shares, with changes in their holdings noted [3]