（企业公众号） 2月11日，中炬高新公众号发文称，中炬高新技术实业（集团）股份有限公司与四川味滋美食品股份有 限公司举行战略投资合作签约仪式。文章介绍，味滋美公司在餐饮客户服务方面，构建了完善、成熟的 定制化生产和客户服务体系，积累了广泛餐饮客户资源，这将有效弥补厨邦品牌在餐饮场所的能力短板 与缺口，实现双方资源的精准互补。中炬高新也将通过本次并购合作，以味滋美平台为基础，加快在复 合调味品赛道的发展。展望未来，双方将以此次并购合作为契机，聚焦产品品类拓展、渠道资源协同、 产能布局互补三大核心方向，持续深化合作层次、拓宽合作领域，不断巩固和扩大双方业务基本盘，提 升整体发展效率，为企业长期发展注入强劲新动力。 ...

Investment Rating - The report maintains a "Buy" rating for the food and beverage sector, suggesting investors take advantage of low prices to acquire quality leading companies [6]. Core Insights - The report highlights a positive outlook for the food and beverage sector, driven by seasonal demand and improved sales performance during the Chinese New Year [1]. - It emphasizes the importance of focusing on leading brands with strong fundamentals, particularly in the liquor and dairy segments, as they are expected to outperform their peers [2][4]. Summary by Category Liquor - The liquor industry is experiencing a divergence in performance, with top brands like Kweichow Moutai and Wuliangye showing strong sales, while others face challenges [1]. - Kweichow Moutai benefits from marketing reforms and strong demand, with its product prices stabilizing above 1600 RMB [1]. - Recommendations include Kweichow Moutai, Wuliangye, and other leading brands for investment [1]. Dairy Products - Major dairy companies like Yili and Mengniu are expected to achieve strong sales during the Chinese New Year, with inventory levels remaining healthy [2]. - The report anticipates a turning point in the raw milk cycle, with prices expected to stabilize, benefiting leading dairy firms [2]. - Recommended stocks include Yili and Mengniu, which are expected to gain market share in 2026 [2]. Restaurant Supply Chain and Condiments - The report sees a recovery in the restaurant sector, supported by government policies and improved consumer confidence [3]. - Leading companies are adjusting pricing strategies to enhance profitability, with inventory levels remaining healthy [3]. - Key recommendations include Anjijia and Haitian Flavoring, which are expected to benefit from improved market conditions [3]. Snacks - The snack industry is poised for growth, with increased sales during the Chinese New Year and a shift towards efficient retail channels [4]. - Recommended stocks include Weilian and Qiaqia, which are expected to maintain high profitability levels [4].

Group 1 - The seasoning and fermentation sector increased by 0.83% compared to the previous trading day, with Zhongju Gaoxin leading the gains [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] - Key stocks in the seasoning and fermentation sector showed various performance, with Zhongju Gaoxin closing at 18.31, up 2.35%, and Jieling Pickles at 13.38, up 1.98% [1] Group 2 - The main capital inflow in the seasoning and fermentation sector was 24.37 million yuan, while retail investors experienced a net outflow of 13.68 million yuan [2] - The capital flow for individual stocks showed that Hai Tian Wei Ye had a net inflow of 56.30 million yuan from main funds, while retail investors had a net outflow of 29.55 million yuan [3] - Zhongju Gaoxin had a net inflow of 9.12 million yuan from main funds, but retail investors saw a net outflow of 14.76 million yuan [3]

证券代码：600872 证券简称：中炬高新 公告编号：2026-008 中炬高新技术实业（集团）股份有限公司 关于以集中竞价交易方式首次回购股份 暨股份回购进展的公告 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： 二、回购股份的进展情况 根据《上市公司股份回购规则》《上海证券交易所上市公司自律监管指引第 7 号——回购股份》等相关规定，现将公司截至 1 月末的回购进展及首次回购股份 的情况公告如下： 截至 2026 年 1 月 31 日，公司暂未实施股份回购。 2026 年 2 月 3 日，公司通过上海证券交易所以集中竞价交易方式首次回购股 份 484,800 股，已回购股份占公司总股本的比例为 0.0623%，成交的最高价为 17.90 元/股、最低价为 17.74 元/股，成交总金额为 8,644,274.00 元（不含交易费用）。 本次股份回购符合相关法律法规的规定和公司回购方案的要求。 三、其他事项 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律 监管指引第 7 号——回购股份》等 ...

格隆汇2月3日丨中炬高新(600872.SH)公布，2026年2月3日，公司通过上海证券交易所以集中竞价交易 方式首次回购股份484,800股，已回购股份占公司总股本的比例为0.0623%，成交的最高价为17.90元/ 股、最低价为17.74元/股，成交总金额为8,644,274.00元（不含交易费用）。 ...

Market Overview - The seasoning and fermentation sector increased by 0.05% on February 2, with Zhu Laoliu leading the gains [1] - The Shanghai Composite Index closed at 4015.75, down 2.48%, while the Shenzhen Component Index closed at 13824.35, down 2.69% [1] Stock Performance - Zhu Laoliu (code: 920726) closed at 24.36, up 2.57% with a trading volume of 70,100 shares and a turnover of 171 million yuan [1] - Haidilao (code: 603288) closed at 35.57, up 0.76% with a trading volume of 175,900 shares and a turnover of 628 million yuan [1] - Anji Food (code: 603696) closed at 18.91, up 0.27% with a trading volume of 96,600 shares and a turnover of 183 million yuan [1] - Other notable stocks include Baoli Food (code: 603170) and Tianwei Food (code: 603317), both closing unchanged [1] Capital Flow - The seasoning and fermentation sector experienced a net outflow of 36.05 million yuan from institutional investors and 20.69 million yuan from retail investors, while individual investors saw a net inflow of 56.74 million yuan [2] - The capital flow for individual stocks shows that Haidilao had a net inflow of 22.94 million yuan from institutional investors, while Zhu Laoliu had a net outflow of 0.55 million yuan [3] Individual Stock Analysis - Haidilao saw a net inflow of 22.94 million yuan from institutional investors, but a net outflow of 34.47 million yuan from retail investors [3] - Zhongju Gaoxin (code: 600872) had a net inflow of 6.47 million yuan from institutional investors, while retail investors contributed a small net inflow of 0.97 million yuan [3] - Tianwei Food (code: 603317) had a net inflow of 2.01 million yuan from retail investors despite a slight net outflow from institutional and speculative investors [3]

Investment Rating - The report maintains an "Overweight" rating for the food and beverage industry, specifically focusing on the condiment sector [4][75]. Core Insights - The condiment industry in China is experiencing steady market expansion, with the market size projected to grow from 408.1 billion RMB in 2019 to 498.1 billion RMB by 2024, reflecting a compound annual growth rate (CAGR) of 4.07% [4][11]. - The competitive landscape of the condiment industry is characterized by a "one strong, many strong" structure, with Haitian Flavor Industry leading the market. The market concentration is expected to increase as the industry evolves towards more complex, convenient, and healthier products [4][24][29]. - The investment strategy emphasizes the potential for growth in the condiment sector driven by recovery in the restaurant industry, increased chain restaurant rates, and a growing demand for health-oriented products among consumers [4][75]. Summary by Sections Market Growth - The condiment market in China is projected to grow steadily, with a market size increase from 408.1 billion RMB in 2019 to 498.1 billion RMB by 2024, achieving a CAGR of 4.07% [4][11]. - The growth of compound condiments is outpacing that of the overall condiment industry, with a CAGR of 8.12% from 85.7 billion RMB in 2019 to 126.6 billion RMB in 2024 [4][17]. Competitive Landscape - The condiment industry is dominated by a few key players, with Haitian Flavor Industry being the largest, generating over 20 billion RMB in revenue, while the overall market remains relatively fragmented [4][24][25]. - The market concentration in China is lower than in the US and Japan, indicating potential for increased market share for leading companies as the industry evolves [4][26][29]. Demand Drivers - The consumption structure is primarily driven by the restaurant sector, which accounts for approximately 49% of the market, with household and food processing making up 34% and 17%, respectively [4][32]. - Factors such as the recovery of the restaurant sector, rising chain restaurant rates, and the growth of the takeout market are expected to boost demand for condiments [4][39][53]. Consumer Trends - There is a growing consumer preference for health-oriented products, with 90.8% of consumers expressing demand for zero-additive condiments and significant interest in low-sugar and low-salt options [4][56][59]. - Changes in population structure, including an increase in single-person households and an aging population, are driving the demand for smaller, more diverse condiment products [4][62][67]. Raw Material Analysis - The primary raw materials for condiment production include soybeans, sugar, and packaging materials, with soybeans accounting for approximately 17.6% of procurement costs [4][68]. - The report indicates that raw material prices are expected to remain manageable, with current prices for soybeans and other materials showing some fluctuations [4][71]. Investment Strategy - The report suggests maintaining an "Overweight" rating for the food and beverage sector, highlighting key companies such as Haitian Flavor Industry (603288), Zhongju High-tech (600872), and Qianhe Flavor Industry (603027) as potential investment targets [4][75].

登录新浪财经APP 搜索【信披】查看更多考评等级 ● 回购股份用途：用于注销并减少公司注册资本 ● 回购股份价格：不超过人民币26元/股 ● 回购股份方式：集中竞价交易方式 ● 回购股份期限：自公司股东会审议通过回购方案之日起不超过12个月 证券代码：600872 证券简称：中炬高新 公告编号：2026-007 中炬高新技术实业（集团）股份有限公司关于以集中竞价方式回购股份的回购报告书 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 回购股份金额：中炬高新技术实业（集团）股份有限公司（以下简称：公司）本次拟回购股份的资金 总额不低于人民币3亿元（含），不超过人民币6亿元（含）。 ● 回购股份资金来源：公司自有资金及银行股票回购专项贷款。公司已经取得招商银行股份有限公司佛 山分行出具的《贷款承诺函》，该行同意为公司回购股份提供专项贷款支持，承诺向公司提供金额最高 不超过人民5.4亿元且不超过回购实际使用金额的90%的股票回购专项贷款，具体贷款事宜将以双方签 订的贷款合同为准。 ● 相关股东是否存在减持计划 ...

每经AI快讯，1月27日，中炬高新（600872）公告称，公司拟以集中竞价方式回购股份，资金总额不低 于3亿元、不超6亿元，回购价不超26元/股，预计回购1153.85万股至2307.69万股，占总股本1.48%至 2.96%，回购股份将用于注销并减少注册资本。 ...

证券代码：600872 证券简称：中炬高新 公告编号：2026-007 中炬高新技术实业（集团）股份有限公司 本次回购方案的风险； 关于以集中竞价方式回购股份的回购报告书 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 回购股份金额：中炬高新技术实业（集团）股份有限公司（以下简称：公 司）本次拟回购股份的资金总额不低于人民币 3 亿元（含），不超过人民币 6 亿元 （含）。 ● 回购股份资金来源：公司自有资金及银行股票回购专项贷款。公司已经取 得招商银行股份有限公司佛山分行出具的《贷款承诺函》，该行同意为公司回购股 份提供专项贷款支持，承诺向公司提供金额最高不超过人民 5.4 亿元且不超过回购 实际使用金额的 90%的股票回购专项贷款，具体贷款事宜将以双方签订的贷款合 同为准。 ● 相关股东是否存在减持计划：截至公司回购方案披露日，公司董事、高级 管理人员、持股 5%以上股东未来 3 个月、未来 6 个月均无股份减持计划。若上述 主体后续拟实施股份减持计划，公司将按照相关规定及时履行信息披露义务。 ● ...