证券代码：603043 证券简称：广州酒家 公告编号：2026-005 广州酒家集团股份有限公司 2025 年股票期权与限制性股票激励计划 首次及预留授予限制性股票授予结果公告 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： | 限制性股票登记日 | 2026年1月12日 | | --- | --- | | 限制性股票登记数量 | 4,815,000股 | 一、股权激励计划前期基本情况 广州酒家集团股份有限公司（以下简称"公司"）2025 年股票期权与限制 性股票激励计划（以下简称"本次激励计划"）方式为股票期权与限制性股票， 其中，限制性股票股份来源为公司回购专用证券账户中的公司 A 股普通股，拟授 予的限制性股票数量为 621.00 万股，占公司总股本比例为 1.09%。其中，首次 授予的权益数量为 496.80 万股，占公司总股本比例为 0.87%；预留授予的权益 数量为 124.20 万股，占公司总股本比例为 0.22%。具体内容详见公司 2025 年 3 月 20 日披露于上海证券交易所官网（www. ...

Core Viewpoint - The leisure food sector experienced a slight decline of 0.01% on January 14, with Wanchen Group leading the drop. The Shanghai Composite Index closed at 4126.09, down 0.31%, while the Shenzhen Component Index rose by 0.56% to 14248.6 [1]. Group 1: Market Performance - The leisure food sector's individual stock performance showed varied results, with Ziyan Food leading with a 5.71% increase, closing at 29.60, and Wanchen Group declining by 2.11% to 190.40 [1][2]. - The trading volume for Ziyan Food was 124,900 shares, with a transaction value of 361 million yuan, while Wanchen Group had a trading volume of 24,700 shares and a transaction value of 473 million yuan [1][2]. Group 2: Capital Flow - The leisure food sector saw a net outflow of 68.21 million yuan from main funds, while retail investors contributed a net inflow of 111 million yuan [2]. - Specific stocks like Ziyan Food had a main fund net inflow of 18.88 million yuan, while retail investors showed a net inflow of 13.51 million yuan [3].

Core Viewpoint - Guangzhou Restaurant Group has completed the registration of stock options and restricted stock incentive plans for 2025, with a total of 3.072 million stock options granted to 209 individuals, aimed at enhancing employee motivation and company performance [2][10]. Group 1: Stock Option Grant Details - The stock option grant registration was completed on January 12, 2026, with a total of 3.072 million options granted [2][10]. - The stock options were granted at an exercise price of 15.47 yuan per option [5]. - The effective period for the stock options is up to 72 months from the grant date, with waiting periods of 24, 36, and 48 months for different portions of the options [6][19]. Group 2: Approval Process - The approval process for the incentive plan included meetings of the board of directors and the supervisory board, with resolutions passed on March 19, 2025, and subsequent disclosures made on October 28, 2025 [3][4][16]. - The plan received approval from the Guangzhou State-owned Assets Supervision and Administration Commission [4][16]. Group 3: Financial Impact - The company utilized the Black-Scholes model to calculate the fair value of the stock options, which will impact the company's financial results through management expenses [11][21]. - The estimated impact on net profit due to the amortization of the incentive costs is expected to be minor, with anticipated positive effects on company performance outweighing the costs [11][23].

Group 1 - The company, Guangzhou Restaurant Group, announced the completion of the initial registration for its stock option and restricted stock incentive plan for 2025 [2] - The date of completion for the initial stock option registration is January 12, 2026 [2] - A total of 3.072 million stock options were registered, with 209 individuals receiving the stock options [2]

Core Viewpoint - Guangzhou Restaurant announced the completion of the registration for its 2025 stock option and restricted stock incentive plan, indicating a strategic move to motivate key management personnel and core staff [1] Group 1: Stock Option Details - A total of 138,000 stock options have been registered to 9 core functional management personnel and key staff as of January 12, 2026, representing 0.02% of the total share capital on the grant date [1] - The exercise price for the stock options is set at 17.14 yuan per option, with the options being exercisable in three phases over a maximum period of 72 months [1]

证券代码：603043 证券简称：广州酒家 公告编号：2026-004 广州酒家集团股份有限公司 关于 2025 年股票期权与限制性股票激励计划 预留授予股票期权登记完成的公告 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： 根据中国证券监督管理委员会《上市公司股权激励管理办法》、上海证券交 易所、中国证券登记结算有限责任公司上海分公司有关规则的规定，广州酒家集 团股份有限公司（以下简称"广州酒家"或"公司"）完成了 2025 年股票期权 与限制性股票激励计划（以下简称"本激励计划"）的股票期权预留授予登记工 作，有关具体情况公告如下： 一、本激励计划已履行的相关审批程序 1、2025 年 3 月 19 日，公司召开第四届董事会第三十三次会议，会议审议 通过了《关于<广州酒家集团股份有限公司 2025 年股票期权与限制性股票激励 计划（草案）>及其摘要的议案》《关于<广州酒家集团股份有限公司 2025 年股 票期权与限制性股票激励计划实施考核管理办法>的议案》《关于<广州酒家集团 股份有限公司 2025 年股票 ...

证券代码：603043 证券简称：广州酒家 公告编号：2026-003 广州酒家集团股份有限公司关于 2025 年股票期权与限制性股票激励计划 首次授予股票期权登记完成的公告 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： 根据中国证券监督管理委员会《上市公司股权激励管理办法》、上海证券交 易所、中国证券登记结算有限责任公司上海分公司有关规则的规定，广州酒家集 团股份有限公司（以下简称"广州酒家"或"公司"）完成了 2025 年股票期权 与限制性股票激励计划（以下简称"本激励计划"）的股票期权首次授予登记工 作，有关具体情况公告如下： 一、本激励计划已履行的相关审批程序 1、2025 年 3 月 19 日，公司召开第四届董事会第三十三次会议，会议审议 通过了《关于<广州酒家集团股份有限公司 2025 年股票期权与限制性股票激励 计划（草案）>及其摘要的议案》《关于<广州酒家集团股份有限公司 2025 年股 票期权与限制性股票激励计划实施考核管理办法>的议案》《关于<广州酒家集团 股份有限公司 2025 年股票期 ...

Investment Rating - The report maintains a "strongly recommend" rating for several companies in the e-commerce and tourism sectors, including Alibaba, Pinduoduo, JD Group, and Meituan, indicating a positive outlook for their future performance [17][20]. Core Insights - The restaurant and tourism sector index increased by 2.54%, underperforming compared to the Shanghai Composite Index (up 2.79%) and the ChiNext Index (up 3.89%). In contrast, the retail sector index rose by 4.43%, outperforming both indices [7][19]. - E-commerce companies are expected to see stable profit growth, with Alibaba's cloud business projected to grow significantly due to high demand in the AI cloud market [17][20]. - The local lifestyle sector, particularly Meituan, is viewed as having long-term competitive advantages despite short-term disruptions from competition [17]. - The travel sector is anticipated to maintain high growth, with recommendations for companies involved in leisure travel and outbound tourism, as well as related transportation and hotel services [17][20]. Summary by Sections Restaurant and Tourism Sector - The top five performing stocks in the restaurant and tourism sector this week included Guomai Culture (+11.23%), Qujiang Cultural Tourism (+4.72%), and Dalian Shengya (+4.39) [9][12]. - The report highlights the ongoing recovery in domestic travel demand since Q3 2025, with Ctrip's international business continuing to show strong growth [17][20]. E-commerce Sector - The report emphasizes the undervaluation of leading e-commerce companies, recommending Alibaba, Pinduoduo, JD Group, and Vipshop for their growth potential and market positioning [17][20]. - Pinduoduo's advertising revenue growth was slightly below expectations, but profits exceeded forecasts, indicating a positive long-term outlook [20]. Local Lifestyle and Travel - Meituan's competitive position remains strong despite recent challenges, with a focus on high-value users and operational efficiency [17]. - The report suggests that the travel industry will continue to thrive, with a focus on companies like Ctrip that are well-positioned for growth in international markets [17][20]. Retail Sector - The retail sector is seeing a shift towards quality retail, with companies like Yonghui Supermarket adapting their strategies to enhance consumer trust and service quality [17][20]. - The report recommends focusing on companies that are successfully navigating the changing retail landscape, such as Yonghui and others that emphasize quality and service [17].

证券代码：603043 证券简称：广州酒家 公告编号：2026-002 公司已就上述授予的共计 481.50 万股限制性股票，向中国证券登记结算有 限责任公司上海分公司申请办理登记。经与上海证券交易所和中国证券登记结算 有限责任公司上海分公司确认，本次首次及预留授予 218 名激励对象 481.50 万 股的限制性股票，股份来源均为公司从二级市场回购的本公司人民币 A 股普通股 股票，将由无限售条件流通股变更为有限售条件流通股。 本次变更前后，公司股本结构情况如下： 单位：股 | 类别 | 变动前数量 | 本次变动数量 | 变动后数量 | | --- | --- | --- | --- | | 有限售条件股份 | 0 | 4,815,000 | 4,815,000 | | 无限售条件股份 | 568,770,805 | -4,815,000 | 563,955,805 | | 总计 | 568,770,805 | 0 | 568,770,805 | 注：实际股本结构变动情况以限制性股票登记完成后中国证券登记结算有限责任公司上海分公司出具 的股本结构表为准。 广州酒家集团股份有限公司关于股份性质变更 暨 202 ...

Core Viewpoint - The company has signed a procurement contract worth 104 million yuan with SAIC-GM Wuling Automobile Co., Ltd, marking a significant achievement in the field of intelligent manufacturing logistics for new energy vehicles [1] Group 1: Contract Details - The total contract amount is 104 million yuan, indicating a substantial investment in automation and digitalization [1] - The project focuses on creating a distributed logistics flexible complete delivery system based on an "island-style" manufacturing model [1] Group 2: Impact on Company - The implementation of the project aims to achieve intelligent collaboration among people, machines, and materials within the workshop [1] - Successful execution of the contract is expected to positively impact the company's operational performance, enhancing its sustainable profitability and overall competitiveness [1]