Core Viewpoint - The company has reported a decline in revenue and profit due to negative public sentiment affecting its operations [6] Group 1: Company Overview - The company is named Qianhe Flavor Industry Co., Ltd. and is listed under the stock code 603027 [7] - The company has a board of directors that ensures the accuracy and completeness of the financial reports [1][3] Group 2: Financial Data - The company plans to distribute cash dividends of 1 yuan per 10 shares and to increase capital by 3 shares for every 10 shares held [4][34] - As of June 30, 2025, the company reported a net profit of 175,112,872.00 yuan, with a total distributable profit of 1,611,757,117.67 yuan [37] Group 3: Fundraising and Usage - The company raised approximately 799.99 million yuan through a stock issuance, with a net amount of 795.79 million yuan after expenses [11][12] - All raised funds have been allocated to the annual production of 600,000 tons of seasoning products, with the first phase already operational [12][24] Group 4: Board Decisions - The board of directors approved the half-year report and the fundraising usage report, confirming compliance with relevant regulations [25][26] - The board also approved the profit distribution and capital increase plan, which will be submitted for shareholder approval [28][39] Group 5: Operational Data - The company sold 156,520.39 tons of seasoning products in the first half of 2025, generating revenue of 63,399.38 million yuan and a gross profit of 23,403.46 million yuan [24]

Core Viewpoint - Qianhe Flavor Industry reported a strong recovery in sales and revenue in the first half of 2025, despite earlier fluctuations due to public sentiment, showcasing resilience and effective channel strategies [1][6]. Financial Performance - For the first half of 2025, Qianhe Flavor Industry achieved a revenue of 1.318 billion yuan and a net profit of 173 million yuan [1]. Market Demand and Competition - The seasoning industry is experiencing intense competition, with leading companies consolidating market share, while smaller enterprises face increasing challenges [2]. - Qianhe emphasizes product quality and innovation to meet market demands, investing over 400 million yuan in R&D since its listing, resulting in 129 patent grants [2]. Technological Innovation - Qianhe has collaborated with universities and research institutions to enhance fermentation technology, improving soy sauce flavor and quality [3]. - The company has established advanced research facilities and introduced new equipment to support its R&D efforts [2]. Supply Chain Management - Qianhe has optimized its raw material supply chain, forming strategic partnerships to ensure quality and traceability of ingredients [4]. - A dedicated production line for salt has been established in collaboration with Sichuan Jiuda Salt, enhancing the quality control of raw materials [4]. Marketing and Sales Strategy - The company has strengthened its marketing network, expanding both online and offline channels, with a notable increase in the number of distributors [6]. - Sales in offline channels saw a significant increase, with a 20% month-on-month growth in May 2025 [7]. Product Compliance and Consumer Trends - Qianhe's products have consistently passed safety inspections, achieving a 100% compliance rate since 2014 [6]. - The company is responding to consumer demand for natural ingredients by promoting its zero-additive soy sauce series, which utilizes traditional fermentation methods [7][8]. Regulatory Environment - New regulations regarding food labeling will come into effect in 2027, prompting Qianhe to update its product packaging to align with these standards [8]. - The company plans to launch a new marketing campaign in the third quarter of 2025 to promote its clean-label products [8].

Core Viewpoint - Qianhe Flavor Industry reported a strong recovery in sales and revenue in the first half of 2025, driven by the increasing demand for healthy condiments and a focus on core product categories such as soy sauce, vinegar, and cooking wine [1][3]. Group 1: Financial Performance - In the first half of 2025, Qianhe Flavor Industry achieved revenue of 1.318 billion yuan and a net profit of 173 million yuan [1]. - Sales in May and June showed a significant rebound, with online sales increasing by approximately 15% and offline sales by 2% compared to the previous months [1]. Group 2: Market Demand and Product Strategy - The company has positioned itself to meet the growing consumer demand for healthy condiments, having launched the Qianhe 0 series in 2008, which contains no additives and has a fermentation time twice that of ordinary products [3]. - Qianhe Flavor Industry has increased its marketing and promotional investments, with the sales expense ratio rising to 15% in the first half of 2025 [3]. Group 3: Supply Chain Management - The company has strengthened its raw material supply chain management by establishing strategic partnerships with key suppliers of soybeans and salt, ensuring quality control and traceability [4]. Group 4: Channel Development - Qianhe Flavor Industry has expanded its distribution channels, increasing the number of distributors to 3,307, covering over 370 cities nationwide [5]. - The company has also launched its smart manufacturing phase II project, adding an annual production capacity of 600,000 tons to meet growing market demand [5]. Group 5: Financial Stability and Shareholder Returns - As of June 30, 2025, Qianhe Flavor Industry had over 1.8 billion yuan in self-owned funds and stable cash flow, planning to distribute a cash dividend of 1 yuan per 10 shares to all shareholders [7].

格隆汇8月27日丨千禾味业(603027.SH)披露半年报，公司上半年实现营业收入13.18亿元，同比下降 17.07%；归属于上市公司股东的净利润1.73亿元，同比下降30.81%；基本每股收益0.1693元。公司拟每 10股分配现金1元（含税）。以实施权益分派股权登记日登记的总股本为基数，进行资本公积金转增股 本，全体股东每10股转增3股。 ...

Core Insights - In the first half of 2025, the company reported a revenue of 1.318 billion yuan, representing a year-on-year decline of 17.07% [1] - The net profit attributable to the company was 173 million yuan, down 30.81% year-on-year [1] - The company has completed the construction and commenced production of a "600,000-ton seasoning intelligent production line," which is a strategic initiative for long-term development [1] - The new production line has achieved an overall automation rate exceeding 80%, significantly enhancing operational efficiency [1] - Following the project launch, the company's total production capacity will increase to 1.2 million tons [1]

千禾味业食品股份有限公司 2025 年 1-6 月 审计报告 | 索引 | 项码 | | --- | --- | | 审计报告 | 1-4 | | 公司财务报表 | | | 合并资产负债表 | 1-2 | | 母公司资产负债表 | 3-4 | | 合并利润表 | 5 | | 母公司利润表 | 6 | | 合并现金流量表 | 7 | | 母公司现金流量表 | 8 | | 合并股东权益变动表 | 9-10 | | 母公司股东权益变动表 | 11-12 | | 财务报表附注 | 13-88 | 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn/ 联系申话: 信永中和会计师事务所 | 北京市东城区朝阳门北大街 8 号富华大厦 A 座 9 层 9/F Block A Fu Hua Man No 8 Chaovangmen Beidai Dongcheng District, Beiji 审计报告 XYZH/2025CDAA5B0313 千禾味业食品股份有限公司 千禾味业食品股份有限公司全体股东: 一、审计意见 我们审计了千禾味业食品股份有限公司(以下简称千禾味业公司) ...

Core Viewpoint - Qianhe Flavor Industry (SH:603027) demonstrated strong resilience and business adaptability in the first half of 2025, focusing on product strength and technological innovation amidst intense market competition and evolving consumer preferences [1][2]. Financial Performance - In the first half of 2025, Qianhe Flavor Industry achieved revenue of 1.318 billion yuan and a net profit of 173 million yuan, with a U-shaped recovery in sales and revenue following a dip in March-April due to public sentiment issues [1][2]. Market Trends - The demand for healthy seasoning products continues to rise, driven by increasing consumer health awareness and government initiatives promoting the reduction of food additives [2][3]. - Qianhe's "Qianhe 0" series, launched in 2008, has set a market trend for clean-label products, gaining a strong reputation for its additive-free offerings [2]. Product Development - The company has invested in advanced research and development, introducing new products such as organic soy sauce and organic vinegar, while enhancing its quality control through strategic partnerships with suppliers [3][4]. Channel Strategy - Qianhe Flavor Industry is expanding its market presence through a dual-channel strategy, increasing its offline distributor network to 3,307 and enhancing online marketing efforts [4]. - The company has launched its second phase of smart manufacturing, adding an annual production capacity of 600,000 tons to meet growing market demand [4]. Financial Health and Shareholder Returns - As of June 30, 2025, Qianhe Flavor Industry reported over 1.8 billion yuan in self-owned funds and stable cash flow, planning to distribute a cash dividend of 1 yuan per 10 shares to shareholders [5].

证券代码：603027 证券简称：千禾味业 公告编号：临 2025-028 千禾味业食品股份有限公司 第五届董事会第六次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 千禾味业食品股份有限公司（以下简称"公司"）第五届董事会第六次会议通知 于2025年8月17日以书面、电子邮件、电话形式通知了全体董事，会议于2025年8 月27日在公司会议室以现场结合通讯方式召开。本次会议应参加表决董事9名，实 际参加表决董事9名。会议由公司董事长伍超群先生主持，公司高级管理人员列席 了本次会议。本次会议的召集和召开符合《公司法》等有关法律、行政法规、部 门规章、规范性文件和《公司章程》的相关规定，会议形成的决议合法、有效。 二、董事会会议审议情况 会议经过董事会充分讨论和认真审议，通过了如下决议： 1、审议并通过了《千禾味业食品股份有限公司 2025 年半年度报告（全文及 摘要）》 公司董事会审计委员会对议案进行了事先审核，认为公司严格按照上市公司 财务制度规范运作，公司2025年半年度报告公允地 ...

证券代码：603027 证券简称：千禾味业 公告编号：临 2025-029 千禾味业食品股份有限公司 关于2025年半年度利润分配及资本公积金转增股本预 案的公告 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个别及连带责任。 重要内容提示： ● 公司第五届董事会第六次会议审议通过了《关于 2025 年半年度利润分配 及资本公积金转增股本预案的议案》，拟以实施权益分派股权登记日登记的总股 本为基数，向全体股东进行现金分红，每 10 股分配现金 1 元（含税）。以实施权 益分派股权登记日登记的总股本为基数，进行资本公积金转增股本，全体股东每 10 股转增 3 股。 ● 本次利润分配以实施权益分派股权登记日登记的总股本为基数，具体日期 将在权益分派实施公告中明确。在实施权益分派的股权登记日前公司总股本发生 变动的，拟维持每股分配现金金额及每股转增股本比例不变，相应调整现金分配 总额及转增股本总额。 ● 上述预案已经公司第五届董事会第六次会议审议通过，尚须提交公司股东 会审议。 一、2025 年半年度利润分配及资本公积金转增股本预案 经信永中 ...

Core Viewpoint - Qianhe Flavor Industry (603027) reported a significant decline in both revenue and net profit for the first half of 2025, primarily due to negative public sentiment affecting sales [1] Financial Performance - The company achieved operating revenue of 1.318 billion yuan, a year-on-year decrease of 17.07% [1] - The net profit attributable to shareholders was 173 million yuan, down 30.81% year-on-year [1] - Basic earnings per share were reported at 0.1693 yuan [1] Dividend Distribution - The company plans to distribute a cash dividend of 1 yuan (including tax) for every 10 shares to all shareholders [1] Impact Factors - The decline in revenue and profit was mainly attributed to negative public sentiment impacting the company's sales performance [1]