特此公告。 上海妙可蓝多食品科技股份有限公司监事会 2024 年 11 月 18 日 证券代码：600882 证券简称：妙可蓝多 公告编号：2024-087 上海妙可蓝多食品科技股份有限公司 关于职工代表监事换届选举的公告 本公司监事会及全体监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。 鉴于上海妙可蓝多食品科技股份有限公司（以下简称"公司"）第十一届监 事会任期已经届满，为保证公司监事会工作的正常开展，根据《中华人民共和国 公司法》（以下简称"《公司法》"）《上海妙可蓝多食品科技股份有限公司章程》 等有关规定，公司于 2024 年 11 月 15 日召开职工代表大会，选举候旺先生（简 历附后）为公司第十二届监事会职工代表监事。 上述职工代表监事与公司 2024 年第三次临时股东大会选举产生的两名股东 代表监事共同组成公司第十二届监事会，任期与公司第十二届监事会任期一致。 截至目前，候旺先生未持有本公司股份，现在公司子公司中任职，最近 12 个月 内曾在公司控股股东及其下属子公司任职，与公司其他董事、监事、高级管理人 员及其他持股 5%以上股东 ...

公司董事会、监事会换届选举完成后，第十二届董事会及各专门委员会、第 十二届监事会组成情况如下： 证券代码：600882 证券简称：妙可蓝多 公告编号：2024-091 上海妙可蓝多食品科技股份有限公司 关于董事会、监事会换届完成及延期聘任高级管理人员的公告 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。 上海妙可蓝多食品科技股份有限公司（以下简称"公司"）于 2024 年 11 月 15 日召开职工代表大会，选举产生公司第十二届监事会职工代表监事。公司于 2024 年 11 月 18 日召开 2024 年第三次临时股东大会，选举产生第十二届董事会 非独立董事和独立董事、第十二届监事会股东代表监事，任期自股东大会审议通 过之日起三年；同日，公司召开第十二届董事会第一次会议和第十二届监事会第 一次会议，选举产生公司董事长、副董事长、董事会各专门委员会委员和监事会 主席。现将公司第十二届董事会、第十二届监事会组成情况及公司拟延期聘任高 级管理人员相关情况公告如下： 一、第十二届董事会及各专门委员会、第十二届监事会组成情况 （一）第十 ...

上海妙可蓝多食品科技股份有限公司 2024 年第三次临时股东大会会议资料 二〇二四年十一月 上海妙可蓝多食品科技股份有限公司 2024 年第三次临时股东大会注意事项 尊敬的各位股东及股东代理人： 为维护广大投资者合法权益，保证股东及代理人在上海妙可蓝多食品科技股 份有限公司（以下简称"公司"）股东大会依法行使股东权利，确保股东大会正 常秩序和议事效率，根据相关法律法规及《上海妙可蓝多食品科技股份有限公司 章程》（以下简称"《公司章程》"）等有关规定，提请参会股东及代理人注意以下 事项： 一、公司董事会办公室具体负责大会有关程序方面的事宜。 二、出席现场会议的股东及代理人请按规定出示证券账户卡、身份证或法人 单位证明以及授权委托书等证件，经验证合格后方可出席会议。 三、会议主持人宣布现场出席会议的股东和代理人人数及所持有表决权的股 份总数之后，迟到股东所持股份数不计入现场有效表决的股份数，但可以通过网 络投票方式参与表决。 四、与会者要保持会场正常秩序，会议期间不要大声喧哗，请关闭手机或将 其调至静音状态。全体出席人员在股东大会召开过程中，应以维护股东合法权益， 确保大会正常秩序和议事效率为原则，认真履行法定职 ...

上海妙可蓝多食品科技股份有限公司（以下简称"公司"）于 2023 年 12 月 19 日召开第十一届董事会第二十三次会议和第十一届监事会第二十二次会议， 审议通过《关于使用暂时闲置自有资金及募集资金进行现金管理的议案》，公司 监事会、保荐机构分别对相关事项发表了同意的意见，本事项无需提交股东大会 审议。 2024 年 10 月 17 日，公司全资子公司广泽乳业有限公司使用部分闲置募集 资金购买"兴业银行企业金融人民币结构性存款产品"，产品期限 21 天，起息日 2024 年 10 月 18 日，金额为 3,500 万元。具体内容详见公司于 2024 年 10 月 18 日在上海证券交易所网站（www.sse.com.cn）及公司指定信息披露媒体《中国证 券报》《上海证券报》《证券时报》《证券日报》披露的《关于使用部分暂时闲置 募集资金进行现金管理到期赎回并继续进行现金管理的公告》（公告编号：2024- 078）。该产品已于 2024 年 11 月 8 日到期，截至本公告披露日，公司已赎回本金 3,500 万元，并获得收益 46,113.70 元，收益符合预期，本金及收益已全部到账。 特此公告。 上海妙可蓝多食 ...

Investment Rating - The investment rating for the company is "Buy" [10] Core Views - The company reported a revenue of 3.594 billion yuan for the first three quarters of 2024, a year-on-year decrease of 9.40% after adjusting for data from Inner Mongolia Mengniu Cheese Co., Ltd. The net profit attributable to shareholders was 85 million yuan, a significant increase of 571.67% year-on-year [2][6] - In Q3 2024, the company achieved a revenue of 1.217 billion yuan, a year-on-year decline of 6.74%, but managed to turn a profit with a net profit of 13 million yuan [2][6] - Following the acquisition of Mengniu Cheese Co., the company aims to control revenue scale while focusing on profit improvement, enhancing product structure and cost management [2][6] Summary by Sections Financial Performance - For Q1-Q3 2024, the company reported a revenue of 3.594 billion yuan, down 9.40% year-on-year, and a net profit of 85 million yuan, up 571.67% year-on-year [2][6] - In Q3 2024, the revenue was 1.217 billion yuan, down 6.74% year-on-year, with a net profit of 13 million yuan [2][6] - The company’s gross margin decreased to 22.45% in Q3 2024, down 3.19 percentage points year-on-year [6] Product and Channel Analysis - In Q3 2024, cheese and liquid milk revenues were 952 million yuan and 95 million yuan, respectively, with year-on-year growth of 23.52% and 18.24% [6] - The distribution channels in Q3 2024 showed revenue from distributors, direct sales, and trade at 940 million yuan, 107 million yuan, and 141 million yuan, respectively, with distributor revenue growing by 33.94% [6] Future Projections - Revenue projections for 2024-2026 are 4.686 billion yuan, 4.962 billion yuan, and 5.176 billion yuan, representing year-on-year growth rates of 15.74%, 5.88%, and 4.31% respectively [6][7] - The net profit projections for the same period are 114 million yuan, 183 million yuan, and 221 million yuan, with growth rates of 79.52%, 61.03%, and 20.75% respectively [6][7]

Investment Rating - The report maintains a "Buy" rating for the company [4][10]. Core Insights - The company announced its Q3 2024 results, reporting total revenue of 3.594 billion yuan for the first three quarters, a year-on-year decrease of 9.40%, while net profit attributable to shareholders reached 85 million yuan, a significant increase of 571.67% year-on-year [1]. - Cheese business revenue growth was primarily driven by consolidation effects, with adjusted revenue showing declines of approximately 14.99% and 10.71% for the first three quarters and Q3 respectively [2]. - The company's gross margin improved to 28.93% for the first three quarters, up 3.82 percentage points year-on-year, contributing to a net profit margin of 2.37%, an increase of 2.05 percentage points [3]. Summary by Sections Financial Performance - For Q3 2024, the company achieved total revenue of 1.217 billion yuan, a decrease of 6.74% year-on-year, with net profit turning positive at 14 million yuan compared to a loss of 5 million yuan in the same period last year [1]. - The company's cheese, liquid milk, and trading revenues for the first three quarters were 2.812 billion yuan, 281 million yuan, and 362 million yuan, reflecting year-on-year growth of 16.40%, 15.38%, and a decline of 11.07% respectively [2]. Revenue Breakdown - By channel, the company's distribution and direct sales revenues for the first three quarters were 2.735 billion yuan and 359 million yuan, showing year-on-year growth of 22.03% and a decline of 14.34% respectively [2]. - Regionally, revenues from the northern, central, and southern regions for the first three quarters were 1.384 billion yuan, 1.349 billion yuan, and 722 million yuan, with year-on-year growth of 11.52%, 19.42%, and 3.77% respectively [2]. Profitability Metrics - The gross margin for Q3 2024 was reported at 22.45%, an increase of 5.91 percentage points year-on-year, leading to a net profit margin of 0.49%, up 1.33 percentage points [3]. - The report forecasts net profits for 2024, 2025, and 2026 to be 110 million yuan, 200 million yuan, and 231 million yuan, with growth rates of 73.62%, 81.81%, and 15.15% respectively [4].

Summary of the Conference Call for Miaokelan's Q3 2024 Performance Company Overview - The conference call is regarding Miaokelan's Q3 2024 performance, led by Vice President Hu Zongting, responsible for investor relations and strategic development [1] Key Financial Performance - The company achieved nearly 3.6 billion in revenue for Q3 2024, with a net profit attributable to shareholders exceeding 85 million, representing a significant year-on-year increase of 571.67% [1] - The net cash flow from operating activities improved to over 480 million, marking a year-on-year increase of 429.88% [1] Cheese Business Strategy - Miaokelan continues to focus on its cheese business, which has shown improvement in Q3, building on the momentum from the first half of the year [2] - The company is expanding its product matrix, particularly in children's nutrition and cheese snacks, with new products launched such as Ningzhengcao cheese and hand-pulled fish cheese sticks [2][3] Product Innovations - New product offerings include jasmine green plum flavored fermented sticks and fresh mozzarella cheese balls, which have received positive feedback from mid-tier customers [3] - The company has also introduced NAS cheese slices and various cheese products for the B-end restaurant sector, maintaining its position as a professional dairy service provider [3] Brand Development and Marketing - In May, the company initiated a brand upgrade from children's cheese to a comprehensive cheese brand, leveraging celebrity endorsements and collaborations with major brands like KFC [3][4] - Miaokelan has engaged in various marketing activities, including participation in the Golden Mountain Beer Festival and collaborations with cinema and art exhibitions to enhance brand visibility [4] Distribution and Channel Expansion - As of Q3, Miaokelan has established a nationwide distribution network with 7,648 distributors, including those for its milk cheese products [5] Awards and Recognition - The company received several awards in Q3, including recognition for its new snow fish cheese sticks as a top gift choice in Shanghai for 2024 [5] ESG Initiatives - Miaokelan is actively involved in ESG efforts, including research on cheese-related health issues published in international journals and initiatives for sustainable plastic recycling [5][6] - The company also organized a children's charity program to promote cheese culture and education [6] Conclusion - The conference concluded with an invitation for investors to refer to the detailed Q3 report and engage with the company for further discussions [6]

Investment Rating - The investment rating for the company is "Buy" [1][2]. Core Views - The report highlights that the integration of Mengniu Cheese has led to a turnaround in profitability, with the company achieving a net profit of 85.04 million yuan in the first three quarters of 2024, a year-on-year increase of 571.67% [1]. - The cheese revenue in Q3 2024 showed a year-on-year increase, despite a slight overall revenue decline [1]. - The report emphasizes the potential for long-term growth in the cheese sector, given the low per capita cheese consumption in China compared to Western countries [1]. Financial Performance Summary - For the first three quarters of 2024, the company reported total revenue of 3.594 billion yuan, a year-on-year decrease of 9.04% [1]. - The net profit attributable to shareholders was 85.04 million yuan, with a significant increase compared to the previous year [1]. - In Q3 2024, the company achieved revenue of 1.217 billion yuan, a year-on-year decrease of 6.74%, but the net profit was 13.65 million yuan, indicating a return to profitability [1]. Product Segment Performance - In Q3 2024, the revenue breakdown by product was as follows: liquid milk at 95.30 million yuan, cheese at 952 million yuan, and dairy product trading at 141 million yuan [1]. - The report notes that the overall gross margin increased year-on-year due to product mix adjustments and the rise in cheese revenue [1]. Strategic Development - The acquisition of Mengniu Cheese is expected to create synergies, including mutual product agency among distributors and strategic collaboration in raw material procurement [1]. - The report anticipates that the integration of Mengniu Cheese will establish a solid foundation for the long-term development of both Mengniu and Miaokelando's cheese businesses [1]. Earnings Forecast - The earnings per share (EPS) forecast for 2024-2026 is projected at 0.21, 0.39, and 0.55 yuan, respectively, with corresponding price-to-earnings (P/E) ratios of 79X, 42X, and 29X [1][2].

证券代码：600882 证券简称：妙可蓝多 公告编号：2024-085 本次现金管理的资金来源于公司暂时闲置的募集资金。相关募集资金的基本 上海妙可蓝多食品科技股份有限公司 关于使用部分暂时闲置募集资金进行现金管理的进展公告 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、 本次现金管理概况 （一）现金管理目的 为提高募集资金使用效率，合理利用暂时闲置募集资金，在确保不影响正常 经营、不影响募集资金投资项目建设和募集资金使用计划的前提下，增加公司收 益，为公司及股东获取更多回报。 （二）投资金额 本次进行现金管理的投资总额为 3,000 万元。 （三）资金来源 1 投资种类：银行理财产品 投资金额：3,000 万元 履行的审议程序：上海妙可蓝多食品科技股份有限公司（以下简称"公司"） 于 2023 年 12 月 19 日召开第十一届董事会第二十三次会议和第十一届监事 会第二十二次会议，审议通过《关于使用暂时闲置自有资金及募集资金进行 现金管理的议案》，公司监事会、保荐机构分别对相关事项发表了同意的意 见，本 ...

Investment Rating - The report maintains a "Buy" rating for the company [6]. Core Views - The company achieved profitability in Q3 2024, with a net profit of 0.9 billion yuan, a significant increase of 571.7% year-on-year [1]. - The integration of Mengniu Cheese is expected to enhance the company's revenue and strengthen its competitive position in the cheese market [4]. - The company has improved its net profit margin due to cost control measures and an increase in the proportion of high-margin cheese products [3]. Summary by Sections Financial Performance - For the first three quarters of 2024, the company reported a revenue of 35.9 billion yuan, down 9.4% year-on-year, while the net profit reached 0.9 billion yuan, up 571.7% year-on-year [1]. - In Q3 2024, the company generated a revenue of 12.2 billion yuan, a decrease of 6.7% year-on-year, but achieved a net profit of 13.65 million yuan, marking a return to profitability [1]. Product and Regional Performance - The revenue from cheese and liquid milk showed positive growth in Q3 2024, with cheese revenue at 9.52 billion yuan (up 23.5% year-on-year) and liquid milk at 0.95 billion yuan (up 18.2% year-on-year) [2]. - The company had a total of 7,648 distributors by the end of Q3 2024, with a net increase of 348 distributors during the quarter [2]. Cost Management and Profitability - The gross margin for the first three quarters of 2024 was 28.93%, an increase of 3.82 percentage points year-on-year, attributed to the higher contribution of cheese revenue [3]. - The sales expense ratio decreased to 19.17%, down 1.13 percentage points year-on-year, indicating effective cost control [3]. Strategic Integration - The company completed the cash acquisition of 100% of Mengniu Cheese in July 2024 and is currently in the integration phase, which is expected to enhance profitability and core competitiveness in the cheese segment [4]. - The report anticipates improved performance in the cheese business as the integration progresses and product offerings are refined [4]. Earnings Forecast and Valuation - The net profit forecast for 2024 has been adjusted down to 1.12 billion yuan, a reduction of 22%, while the forecasts for 2025 and 2026 remain at 1.77 billion yuan and 2.15 billion yuan, respectively [4].