证券代码：600779 证券简称：水井坊 公告编号：2025-025 四川水井坊股份有限公司 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 ...

Core Viewpoint - The news highlights various companies' financial performances, stock movements, and strategic decisions, indicating a mixed outlook across different sectors. Performance Summary - Anta Sports clarified it is not a potential acquirer of Canada Goose Holdings [3] - Lianyi Intelligent Manufacturing reported normal operations with no undisclosed significant matters [3] - Huon Electric's robot business is still in the R&D phase and has not generated revenue [3] - Tianfu Communication and Longyang Electronics both reported normal operations with no undisclosed significant matters [3] - Cambrian Technology expects annual revenue of 5 billion to 7 billion yuan in 2025 [3] - CITIC Securities reported a net profit of 13.719 billion yuan for the first half, up 29.8% year-on-year [3] - SMIC's net profit for the first half was 321 million USD, a 35.6% increase year-on-year [3] - Zhongwei Company reported a net profit of 706 million yuan, up 36.62% year-on-year [3] - Wancheng Group's net profit surged 50358.8% to 472 million yuan in the first half [3] - China Galaxy's net profit increased by 47.86% year-on-year, proposing a dividend of 1.25 yuan per 10 shares [3] - Zhujiang Beer reported a net profit of 612 million yuan, up 22.51% year-on-year [3] - Yili Group's net profit decreased by 4.39% to 7.2 billion yuan [3] - Zhongke Titanium White's net profit fell by 14.83% to 259 million yuan [3] - Huasheng Tiancheng turned a profit with a net profit of 140 million yuan [3] - Li Auto's second-quarter revenue totaled 30.2 billion yuan, down 4.5% year-on-year but up 16.7% quarter-on-quarter [3] - Bull Group's net profit decreased by 8% to 2.06 billion yuan [3] - Nanshan Aluminum reported a net profit of 2.625 billion yuan, proposing a dividend of 0.4 yuan per 10 shares [3] - Shuijingfang's net profit fell by 56.52% to 105 million yuan [3] - Huaneng International's net profit increased by 13.15% to 3.904 billion yuan [3] - SAIC Group's net profit decreased by 9.21% to 6.018 billion yuan [3] - SF Holding's net profit increased by 19.4% year-on-year, proposing a dividend of 4.6 yuan per 10 shares [3] - Zhongke Shuguang's net profit increased by 29.39% to 729 million yuan [3] - Shanxi Fenjiu's net profit increased by 1.13% to 8.505 billion yuan [3] - Haier Smart Home reported a net profit of 12.033 billion yuan, proposing a dividend of 2.69 yuan per 10 shares [3] - China State Construction's net profit increased by 3.2% to 30.404 billion yuan [3] - CITIC Construction Investment's net profit was 4.509 billion yuan, proposing a dividend of 1.65 yuan per 10 shares [3] - New China Life Insurance's net profit increased by 33.5% to 14.799 billion yuan [3] - China Southern Airlines reported a loss of 1.533 billion yuan in the first half [3] - Sanhuan Group's net profit increased by 20.63% to 1.237 billion yuan [3] - Yingshi Innovation's net profit increased by 0.25% to 520 million yuan [3] - ZTE's net profit decreased by 11.77% to 5.058 billion yuan [3] - Changxin Bochuang's net profit surged 1121.21% to 168 million yuan [3] Buyback and Shareholding Changes - Spring Airlines plans to repurchase shares worth 300 million to 500 million yuan [4] - Shenzhen Ruijie plans to repurchase 500,000 to 600,000 shares [4] - Haotong Technology's actual controller plans to reduce holdings by up to 3% [4] - Aojie Technology's shareholder Alibaba Network plans to reduce holdings by up to 3% [4] - Chunzong Technology's chairman plans to reduce holdings by up to 2.053% [4] - Zhejiang Shibao's controlling shareholder plans to reduce holdings by up to 2% [4] Contracts and Major Investments - Zhongding Co. signed a strategic cooperation agreement with the Baohe District government for the robotics industry [4] - Tongda Co. is pre-awarded a 122 million yuan procurement project by the State Grid [4] - Runjian Co. won a 392 million yuan project for green power supply in Ulanqab, Inner Mongolia [4] - Dash Intelligent signed a smart project contract for Hualun Century Plaza [4] - Huakang Clean signed a pre-award for a 136 million yuan medical purification project [4] - Shunyu Co. plans to establish a smart water management subsidiary [4] - Guanzhong Ecology plans to invest in a seedling breeding base in Kyrgyzstan [4] Mergers and Acquisitions - Beixin Building Materials intends to acquire 100% equity of an overseas building materials company [4] - Chip Origin plans to purchase equity in Chip Lai Zhirong, with stock suspension starting tomorrow [4] - Kaifa Electric plans to acquire 80% equity of Ouli Power Network for 52 million yuan [4] Other Developments - Jinghe Integration plans to issue H-shares and list on the Hong Kong Stock Exchange [4] - Huahai Qingke plans to issue H-shares and list on the main board of the Hong Kong Stock Exchange [4] - Fuhanwei plans to issue H-shares and list on the Hong Kong Stock Exchange [4]

Core Viewpoint - The company reported a decline in revenue and profit due to ongoing adjustments in the liquor industry, particularly affecting traditional consumption scenarios like business banquets [1][2] Group 1: Financial Performance - In the first half of 2025, the company achieved operating revenue of 1.498 billion yuan and a net profit attributable to shareholders of 105 million yuan, with a non-recurring net profit of 48.49 million yuan [1] - The revenue decline is attributed to the high gross margin of liquor products, which magnifies the impact of revenue drops on profits [1] Group 2: Industry Context - The liquor industry is currently undergoing a deep adjustment phase, with a slow recovery in market conditions [1] - Traditional consumption scenarios, such as business banquets, continue to face pressure, contributing to the overall market slowdown [1] Group 3: Strategic Initiatives - The company is focusing on strategic transformation in response to macroeconomic cycles, industry adjustments, and policy changes, emphasizing brand building, market marketing, product quality, and ESG initiatives [1] - The brand development strategy will include six key areas, such as deepening regional cultural characteristics and launching customized marketing activities [1] - The company plans to introduce products that offer high quality and cost-effectiveness, while also addressing the trend towards lower alcohol consumption [1] Group 4: Marketing and Operations - The company aims to strengthen value chain management and maintain market order stability through dynamic pricing and channel profit protection mechanisms [2] - Efforts will be made to enhance operational efficiency, optimize resource allocation, and improve team management and execution capabilities [2]

水井坊上半年业绩承压：传统渠道收入萎缩三成，新渠道激增126% 【中国白酒网】8月28日，水井坊披露了2025年上半年业绩。 报告期内，公司实现营业收入14.98亿元，同比减少12.84%；归母净利润1.05亿元，同比减少 56.52%。其中，第二季度营业收入5.39亿元，同比减少31.37%；归母净亏损8488.35万元，上年同期净 利润5612.26万元，由盈转亏。 公司坦言，2025年上半年，白酒行业整体仍处于深度调整阶段。尤其在第二季度，商务宴请和宴席 等传统消费场景持续承压，市场恢复节奏放缓。在上述因素影响下，公司上半年营业收入同比下降，由 于白酒产品毛利率较高，收入下滑对利润造成的影响更为显著。 分产品来看，高档产品收入13.05亿元，同比减少14%，毛利率81.66%，同比下滑3.87%；中档产品 实现营业收入0.87亿元，同比减少10.37%，毛利率56.1%，同比下滑7.02%。 新渠道实现营业收入4.68亿元，同比增长126.12%，销售量1672.33千升，同比增长189.36%；批发 代理渠道营业收入9.24亿元，同比减少34.35%，销售量2604.89千升，同比减少17.48%。 ...

今年上半年，水井坊继续围绕"国保美酒水井坊，喝美酒庆美事"的品牌主张，打造多项节日整合营销活 动。2025年春节期间，水井坊与天坛展开深度合作，结合"中国白酒第一坊"与"中华祈运第一坛"的双重 文化底蕴，举办了系列品牌营销活动；端午期间，水井坊联袂国家级非遗铜雕技艺传承人朱炳仁大师， 共同打造"一帆风顺金龙舟"，强化品牌与传统节日的深度关联。 2025年上半年，白酒行业整体仍处于深度调整阶段，白酒企业经营业绩普遍受到影响。 8月28日晚间，水井坊（600779）正式发布2025年半年报，今年1-6月期间，该上市公司实现营业收入 14.98亿元，同比下降12.84%；实现净利润1.05亿元，同比下降56.52%。 水井坊表示，尤其在第二季度，商务宴请和宴席等传统消费场景持续承压，市场恢复节奏放缓。在上述 因素影响下，水井坊上半年营业收入同比下降，由于白酒产品毛利率较高，收入下滑对利润造成的影响 更为显著。 当前，白酒行业在宏观经济周期、产业调整周期及政策调整的三重影响下，面临着较为严峻的挑战，产 业波动加大、存量竞争加剧、市场份额加速向优势品牌、优势企业、优势产区集中。 在此背景下，水井坊认为，白酒企业需积极调 ...

Group 1 - Xinhua Media achieved a net profit of 32.34 million yuan in the first half of 2025, a year-on-year increase of 9.29% [1] - Xinhua Media's operating income for the first half of 2025 was 631 million yuan, a year-on-year growth of 2.45% [1] - China Galaxy reported a net profit of 6.488 billion yuan, up 47.86% year-on-year, with an operating income of 137.47 billion yuan, a 37.71% increase [2] Group 2 - Lek Electric's net profit decreased by 29.01% to 428 million yuan, despite a slight revenue increase of 0.65% to 4.781 billion yuan [3] - Honghui Fruits and Vegetables reported a net profit of 6.9243 million yuan, down 44.82%, with revenue of 470 million yuan, up 7.86% [4] - Bull Group's net profit fell by 8% to 2.06 billion yuan, with a revenue decline of 2.6% to 8.168 billion yuan [5] Group 3 - Nanshan Aluminum achieved a net profit of 2.625 billion yuan, a year-on-year increase of 19.95%, with operating income of 17.274 billion yuan, up 10.25% [6] - Zhujiang Beer reported a net profit of 612 million yuan, a 22.51% increase, with revenue of 3.198 billion yuan, up 7.09% [8] - Baolong Technology's net profit decreased by 9.15% to 135 million yuan, with revenue growth of 24.06% to 3.95 billion yuan [10] Group 4 - Jindi Co. reported a net profit of 75.93 million yuan, a year-on-year increase of 32.86%, with operating income of 835 million yuan, up 40.57% [12] - China Vision Media turned a profit with a net profit of 19.9811 million yuan, compared to a loss of 18.4349 million yuan in the previous year, despite a revenue decline of 10.75% to 229 million yuan [14] - Botao Bio's net profit fell by 82.82% to 12.4024 million yuan, with revenue down 23.91% to 203 million yuan [16] Group 5 - Caitong Securities reported a net profit of 1.083 billion yuan, a year-on-year increase of 16.85%, with operating income of 2.959 billion yuan, down 2.19% [18] - Yili Group's net profit decreased by 4.39% to 7.2 billion yuan, with revenue growth of 3.49% to 61.777 billion yuan [19] - Springlight Technology achieved a net profit of 7.3787 million yuan, a year-on-year increase of 83.73%, with revenue of 251 million yuan, up 39.6% [20] Group 6 - China Haifeng reported a net profit of 94.5739 million yuan, a year-on-year increase of 25.48%, with operating income of 1.385 billion yuan, up 19.64% [21] - Zhongke Titanium White's net profit decreased by 14.83% to 259 million yuan, with revenue growth of 19.66% to 3.77 billion yuan [23] - Huasheng Tiancai turned a profit with a net profit of 14 million yuan, compared to a loss in the previous year, despite a revenue decline of 10.75% to 226 million yuan [25] Group 7 - Shen Zhou Cell reported a net loss of 33.7711 million yuan, with revenue down 25.50% to 972 million yuan [26] - Meihu Co. achieved a net profit of 101 million yuan, a year-on-year increase of 10.26%, with operating income of 1.075 billion yuan, up 10.74% [28] - Jifeng Technology plans to apply for a comprehensive credit of 170 million yuan to supplement working capital [29] Group 8 - Foton Motor reported a net profit of 777 million yuan, a year-on-year increase of 87.57%, with operating income of 30.371 billion yuan, up 26.71% [41] - BOE Technology achieved a net profit of 3.247 billion yuan, a year-on-year increase of 42.15%, with operating income of 110.278 billion yuan, up 8.45% [42] - CIMC reported a net profit of 1.278 billion yuan, a year-on-year increase of 47.63%, with operating income of 76.09 billion yuan, down 3.82% [43]

8月28日晚，水井坊发布2025年半年度业绩报告。业绩报告显示，2025年半年度公司实现营业收入 149,780万元，实现归属于母公司所有者的净利润为10,541万元，扣除非经常性损益的净利润为4,849万 元。2025年上半年，白酒行业整体仍处于深度调整阶段。尤其在第二季度，商务宴请和宴席等传统消费 场景持续承压，市场恢复节奏放缓。在上述因素影响下，报告期内营业收入同比有所下降。由于白酒产 品毛利率较高，导致收入下滑对利润造成的影响更为显著。在宏观经济周期、产业调整周期及政策调整 的三重影响下，水井坊坚持推进战略转型，从品牌建设、市场营销、产品质量及ESG领域方面努力构建 发展新动能。 ...

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

今年上半年，高档产品所实现的营业收入成为水井坊业绩主要贡献者。财报数据显示，1—6月，水井坊 旗下高档、中档产品分别实现营业收入13.05亿元、0.87亿元，同比下降14%、10.37%。 （文章来源：北京商报） 北京商报讯（记者刘一博冯若男）8月28日，四川水井坊股份有限公司（以下简称"水井坊"）发布 《2025年半年度报告》显示，上半年公司实现营业收入14.98亿元，同比下降12.84%；实现归属于上市 公司股东的净利润为1.05亿元，同比下降56.52%；实现经营活动产生的现金流量净额亏损5.05亿元。 对于现金流下降原因，水井坊在其公告中指出，主要系邛崃全产业生产基地项目（一期）达到预计可使 用状态转运营后，原辅料采购及人员、运营费用等经营活动相关的现金流出增加所致。 ...

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 ...