Core Viewpoint - The report highlights the financial performance and strategic positioning of Shanghai Milkground Food Tech Co., Ltd. (妙可蓝多) in the dairy industry, particularly focusing on cheese products, which are experiencing growth and market leadership. Financial Performance - The company's operating revenue for the first half of 2025 reached approximately 2.57 billion RMB, representing a year-on-year increase of 7.98% compared to the previous year [2] - The total profit for the period was approximately 176.46 million RMB, showing an impressive growth of 85.44% year-on-year [2] - The net profit attributable to shareholders was approximately 132.97 million RMB, reflecting an increase of 86.27% compared to the same period last year [10] Industry Overview - The dairy industry in China is facing a structural imbalance, with a significant reliance on imported raw materials and a low proportion of high-value-added products like cheese and butter, which only account for 7.3% of the market [3][4] - The Ministry of Commerce and other departments have launched initiatives to promote healthy consumption, which is expected to create opportunities for functional dairy products [3] Market Positioning - The company has established a leading market share in the cheese segment, with over 38% of the packaged cheese market in China as of the first half of 2025 [8] - The cheese business has shown a revenue increase of 14.85% year-on-year, indicating strong demand and market acceptance [11] Product Strategy - The company focuses on a "cheese-centric" strategy, developing a diverse range of cheese products, including ready-to-eat nutrition series, family dining series, and food service series [9] - The product matrix has been expanded to include various cheese forms catering to different consumer needs, such as children's nutrition cheese and adult snack cheese [12] Innovation and R&D - The company has enhanced its R&D capabilities by collaborating with domestic universities and research institutions, leading to innovative product developments [12][19] - The company has received multiple awards for its technological advancements in cheese production, reinforcing its commitment to quality and innovation [12] Marketing and Branding - The company has successfully transitioned its brand positioning from children's cheese to a broader appeal, targeting young consumers, fitness enthusiasts, and the elderly [14] - Marketing strategies include leveraging major sporting events and partnerships with well-known IPs to enhance brand visibility and consumer engagement [14][15] Supply Chain and Cost Management - The company has implemented a comprehensive supply chain management system to improve efficiency and reduce costs, which is crucial for maintaining competitive advantage [16][17] - The "extreme cost" strategy has been initiated to enhance organizational efficiency across all business segments [17] Distribution Channels - The company has established a robust distribution network covering both online and offline channels, with over 6,551 distributors and access to approximately 800,000 retail terminals [20] - The focus on e-commerce platforms and instant retail channels has been intensified to capture a larger market share [16][20]

Core Viewpoint - Shanghai Miaokelan Duo Food Technology Co., Ltd. reported significant growth in revenue and net profit for the first half of 2025, driven by strong performance in the cheese segment and effective cost management strategies [1][2]. Financial Performance - Total assets increased to 8.55 billion RMB, up 10.72% from the previous year [1]. - Revenue reached 2.57 billion RMB, representing a year-on-year growth of 7.98% [1]. - Total profit amounted to 176.46 million RMB, an increase of 85.44% compared to the previous year [1]. - Net profit attributable to shareholders was 132.97 million RMB, a substantial increase of 86.27% year-on-year [1]. Business Operations - The cheese business generated revenue of 213.58 million RMB, a 14.85% increase from the previous year, and accounted for 83.67% of total revenue [3][2]. - The company implemented a "cost optimization" strategy, which contributed to improved operational efficiency and profitability [6][5]. - The company has enhanced its research and development capabilities, collaborating with various universities and research institutions to innovate and expand its product offerings [2][4]. Market Positioning - The company maintained its leading position in the cheese market, with a focus on product innovation and brand upgrades [2][4]. - The product matrix for children's nutritional cheese has expanded, covering various consumption scenarios [2]. - The company has successfully transitioned its branding strategy from targeting children to a broader audience, including young consumers and health-conscious individuals [3][4]. Marketing and Channel Strategy - The company has leveraged major global events and partnerships with top sports organizations to enhance brand visibility and recognition [4]. - A multi-channel marketing approach has been adopted, focusing on both traditional and digital platforms to engage consumers effectively [5][4]. - The company has optimized its distribution channels, enhancing its presence in modern retail and e-commerce platforms [5][6]. Employee Engagement - The company introduced stock option and employee shareholding plans to boost team cohesion and align employee interests with company performance [7].

(一) 审议通过《关于公司<2025 年半年度报告>及其摘要的议案》 表决结果：9 票同意，0 票反对，0 票弃权。 证券代码：600882 证券简称：妙可蓝多 公告编号：2025-077 上海妙可蓝多食品科技股份有限公司 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、 董事会会议召开情况 上海妙可蓝多食品科技股份有限公司（以下简称"公司"）已以电子邮件方 式向全体董事发出第十二届董事会第十二次会议通知和材料。会议于 2025 年 8 月 21 日以现场及通讯方式召开。本次会议应出席董事 9 人，实际出席 9 人。会 议由董事长陈易一先生主持。本次会议的通知、召开以及参会董事人数均符合《中 华人民共和国公司法》等相关法律、行政法规、部门规章、规范性文件和《上海 妙可蓝多食品科技股份有限公司章程》等有关规定，所形成的决议合法有效。 二、 董事会会议审议情况 关于该事项的具体内容，详见公司同日于《中国证券报》《上海证券报》《证 券时报》《证券日报》及上海证券交易所网站（http://www.sse.com.cn）披露 的《2 ...

Core Viewpoint - The company has demonstrated significant growth in its cheese business, achieving a notable increase in revenue and profit margins, while also enhancing its product innovation and market presence [1][2][3]. Financial Performance - Total assets reached approximately 8.55 billion yuan, reflecting a 10.72% increase compared to the previous year [1]. - The company's net profit attributable to shareholders was approximately 132.97 million yuan, marking an 86.27% increase year-on-year [1]. - Operating revenue for the period was approximately 256.72 million yuan, up 14.85% from the previous year [1]. Business Operations - The cheese segment continues to lead the market, with the company maintaining a strong market share and achieving significant revenue growth across various product lines [2][3]. - The company has implemented a "cost optimization" strategy, which has contributed to improved operational efficiency and profitability [4]. - The company has expanded its product offerings, including new cheese varieties targeted at different consumer segments, such as children and adults [3][4]. Market Position and Strategy - The company has strengthened its brand presence through innovative marketing strategies and collaborations with major events, enhancing its visibility and consumer engagement [4]. - Continuous product innovation and development have been prioritized, with the company receiving awards for its advancements in cheese technology [2][4]. - The company is focusing on expanding its distribution channels, both online and offline, to enhance market penetration and consumer access [4].

特此公告。 上海妙可蓝多食品科技股份有限公司董事会 证券代码：600882 证券简称：妙可蓝多 公告编号：2025-075 上海妙可蓝多食品科技股份有限公司 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：第十 四号—食品制造》的相关要求，上海妙可蓝多食品科技股份有限公司（以下简称 "公司"）现将2025年半年度与行业相关的定期经营数据披露如下： 一、报告期主营业务相关经营情况 单位：万元 币种：人民币 产品类别 1-6月营业收入 4-6月营业收入 奶酪 213,575.63 110,605.23 贸易 22,961.01 12,860.31 液态奶 18,726.31 9,241.57 总计 255,262.95 132,707.12 注：上表中总计数与各行分项数据直接相加之和的尾数差异，系因四舍五入所致。 单位：万元 币种：人民币 渠道 1-6月营业收入 4-6月营业收入 经销 191,879.06 95,936.06 直营 40,422.87 23,910.7 ...

证券代码：600882 证券简称：妙可蓝多 公告编号：2025-076 上海妙可蓝多食品科技股份有限公司 的专项报告 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。 上海妙可蓝多食品科技股份有限公司（以下简称"公司"）董事会根据中 国证券监督管理委员会（以下简称"中国证监会"）发布的《上市公司募集资 金监管规则》及上海证券交易所发布的《上海证券交易所上市公司自律监管指 引第 1 号—规范运作》《上海证券交易所上市公司自律监管指南第 1 号—公告 格式》等相关规定，现将公司 2025 年半年度募集资金存放、管理与实际使用情 况专项报告如下： 一、募集资金基本情况 经中国证监会出具的《关于核准上海妙可蓝多食品科技股份有限公司非公 开发行股票的批复》（证监许可[2021]1466 号）核准，公司向内蒙古蒙牛乳业 （集团）股份有限公司非公开发行 A 股股票 100,976,102 股，每股发行价格为 人民币 29.71 元。本次非公开发行募集资金总额为人民币 2,999,999,990.42 元， 扣除不含税各项发行费用人民币 18, ...

（文章来源：证券日报） 证券日报网讯 8月21日晚间，妙可蓝多发布公告称，2025年上半年公司实现营业收入2，567，164， 378.70元，同比增长7.98%；归属于上市公司股东的净利润132，970，122.05元，同比增长86.27%。 ...

智通财经APP讯，妙可蓝多(600882.SH)发布2025年半年度报告，报告期内，公司实现营业收入25.67亿 元，同比增长7.98%。实现归属于上市公司股东的净利润1.33亿元，同比增长86.27%。实现归属于上市 公司股东的扣除非经常性损益的净利润1.02亿元，同比增长80.10%。基本每股收益0.265元。 ...

Core Insights - Miaokelan announced its 2025 semi-annual financial report, revealing a revenue of approximately 2.567 billion yuan for the first half of the year, representing a year-on-year growth of 7.98% [1] - The company achieved a net profit attributable to shareholders of approximately 133 million yuan, marking a significant year-on-year increase of 86.27% [1] Financial Performance - Revenue for the first half of 2025 was approximately 2.567 billion yuan, showing a growth of 7.98% compared to the previous year [1] - Net profit attributable to shareholders reached around 133 million yuan, reflecting an impressive growth of 86.27% year-on-year [1]

（文章来源：每日经济新闻） 妙可蓝多（SH 600882，收盘价：27.91元）8月21日晚间发布半年度业绩报告称，2025年上半年营业收 入约25.67亿元，同比增加7.98%；归属于上市公司股东的净利润约1.33亿元，同比增加86.27%；基本每 股收益0.265元，同比增加86.62%。 ...