Market Overview - The leisure food sector increased by 1.92% on January 6, with Ziyan Food leading the gains [1] - The Shanghai Composite Index closed at 4083.67, up by 1.5%, while the Shenzhen Component Index closed at 14022.55, up by 1.4% [1] Stock Performance - Ziyan Food (603057) closed at 20.87, up by 5.40% with a trading volume of 58,600 shares and a transaction value of 121 million yuan [1] - Wancheng Group (300972) closed at 212.70, up by 5.18% with a transaction value of 644 million yuan [1] - Youyou Food (603697) closed at 12.88, up by 4.21% with a transaction value of 109 million yuan [1] - Other notable stocks include: - Haoxiangni (002582) at 11.76, up by 3.16% [1] - Yuanzu Shares (603886) at 13.77, up by 2.23% [1] - Ligao Food (300973) at 43.90, up by 2.21% [1] Capital Flow - The leisure food sector saw a net inflow of 19.91 million yuan from main funds, while retail funds experienced a net outflow of 33.42 million yuan [2] - Retail investors contributed a net inflow of 13.50 million yuan [2] Individual Stock Capital Flow - Haoxiangni (002582) had a main fund net inflow of 33.89 million yuan, but retail funds saw a net outflow of 1.67 million yuan [3] - Three Squirrels (300783) experienced a main fund net inflow of 15.38 million yuan, with retail funds showing a net outflow of 1.23 million yuan [3] - Youyou Food (603697) had a main fund net inflow of 9.96 million yuan, while retail funds had a slight net inflow of 71,100 yuan [3] - Other stocks with notable capital flows include: - Good Products Store (603719) with a main fund net inflow of 2.16 million yuan [3] - Ziyan Food (603057) with a main fund net inflow of 1.99 million yuan [3]

Core Viewpoint - Ziyan Food's stock price has shown a slight decline of 0.44% this year, but has recently experienced a recovery with a 3.69% increase over the past five trading days and a 14.15% increase over the past twenty days [2]. Group 1: Stock Performance - On January 6, Ziyan Food's stock rose by 2.27%, reaching a price of 20.25 yuan per share, with a trading volume of 12.27 million yuan and a turnover rate of 0.15% [1]. - The company has a total market capitalization of 8.374 billion yuan [1]. - As of September 30, the number of shareholders increased by 37.82% to 11,200, with an average of 36,887 circulating shares per person, up 339.22% [2]. Group 2: Financial Performance - For the period from January to September 2025, Ziyan Food reported a revenue of 2.514 billion yuan, reflecting a year-on-year decrease of 6.43% [2]. - The net profit attributable to shareholders was 194 million yuan, down 44.37% year-on-year [2]. - Since its A-share listing, Ziyan Food has distributed a total of 978 million yuan in dividends [3]. Group 3: Business Overview - Ziyan Food, established on June 9, 2000, and listed on September 26, 2022, is based in Shanghai and specializes in the research, production, and sales of marinated foods [2]. - The main revenue sources include fresh products (81.43%), with specific contributions from various categories such as "Couple's Lung Slices" (27.49%) and other fresh goods [2]. - The company operates within the food and beverage industry, specifically in the leisure food and cooked food segments, and is associated with concepts like leisure food, buybacks, small caps, and prepared dishes [2].

证券代码：603057 证券简称：紫燕食品 公告编号： 2026-002 紫燕食品集团股份有限公司 关于回购注销限制性股票通知债权人的公告 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。 一、通知债权人的原因 紫燕食品集团股份有限公司（以下简称"公司"）于 2025 年 12 月 17 日召 开第二届董事会第十五次会议，审议通过了《关于终止实施 2024 年限制性股票 激励计划暨回购注销相关限制性股票的议案》《关于变更公司注册地址、注册 资本及修订<公司章程>并办理变更登记的议案》。公司拟终止实施 2024 年限制 性股票激励计划及相关配套文件，根据公司《2024 年限制性股票激励计划》的 相关规定，对公司 2024 年限制性股票激励计划激励对象已获授但尚未解除限售 的 1,513,750 股限制性股票进行回购注销。具体内容详见公司于 2025 年 12 月 18 日在上海证券交易所网站（www.sse.com.cn）及公司指定媒体披露的《关于 终止实施 2024 年限制性股票激励计划暨回购注销相关限制性股票的公告》（公 告编 ...

2. 提供予本所之文件中所述的全部事实都是真实、准确、完整的； 3. 提供予本所之文件的签署人均具有完全的民事行为能力，并且其签署行为 已获得恰当、有效的授权； 4. 所有提交给本所的复印件是同原件一致的，并且这些文件的原件均是真 实、完整、准确的。 上海石门一路 288 号兴业太古汇香港兴业中心一座 26 层 邮编：200041 电话：（86-21）5298 5488 传真：（86-21）5298 5492 junhesh@junhe.com 君合律师事务所上海分所 关于紫燕食品集团股份有限公司 2026 年第一次临时股东会的法律意见书 致：紫燕食品集团股份有限公司 君合律师事务所上海分所（以下简称"本所"）接受紫燕食品集团股份有限公 司（以下简称"公司"）的委托，根据《中华人民共和国公司法》（以下简称"《公 司法》"）、《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会 规则》（以下简称"《股东会规则》"）等法律、法规、规范性文件（以下简称"法 律、法规"）及《紫燕食品集团股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，按照律师行业公认的业务标准、道德规范和勤勉尽责精神，就公 ...

证券代码：603057 证券简称：紫燕食品 公告编号：2026-001 紫燕食品集团股份有限公司 2026年第一次临时股东会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 94 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 328,040,398 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 79.3299 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，会议主持情况等。 本次会议由董事会召集，公司董事长戈吴超先生主持会议。会议采用现场投 票和网络投票相结合的表决方式。本次会议的召集、召开程序以及表决方式和表 决程序符合《公司法》和《公司章程》的规定。 (一) 股东会召开的时间：2026 年 1 月 5 日 (二) 股东会召开的地点：上海市闵行区春中路 26 号 (三) 出席会议的普通股股东和恢复表决权的 ...

Core Insights - Yanbai Food (Guangzhou) Co., Ltd. has been established with a registered capital of 100,000 yuan, and its legal representative is Li Ming [1][2] - The company’s business scope includes the sale of pre-packaged food, food additives, packaging materials, daily necessities, kitchenware, household appliances, and various retail and wholesale services [1][2] Company Structure - The company is jointly held by Ziyan Food and Shenzhen Huayin Yuan Venture Capital Partnership (Limited Partnership) [1][2]

Core Viewpoint - The leisure food sector experienced a slight increase of 0.37% on December 31, with Yuanzu Co., Ltd. leading the gains. The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1]. Group 1: Stock Performance - Yuanzu Co., Ltd. (603886) closed at 13.97, up 3.64%, with a trading volume of 132,300 shares and a transaction value of 184 million yuan [1]. - Ximai Food (002956) closed at 28.12, up 3.46%, with a trading volume of 42,100 shares and a transaction value of 117 million yuan [1]. - Ziyan Food (603057) closed at 20.34, up 2.21%, with a trading volume of 45,800 shares and a transaction value of 92.42 million yuan [1]. - Other notable stocks include Haoxiangni (002582) at 11.05, up 1.84%, and Laiyifen (603777) at 13.73, up 1.63% [1]. Group 2: Capital Flow - The leisure food sector saw a net outflow of 8.58 million yuan from institutional investors and a net outflow of 32.76 million yuan from speculative funds, while retail investors contributed a net inflow of 41.34 million yuan [2]. - Notable capital flows include Sanzhi Songshu (300783) with a net inflow of 6.78 million yuan from institutional investors, while it experienced a net outflow of 11.79 million yuan from retail investors [3]. - Lihai Food (300973) had a net inflow of 5.45 million yuan from institutional investors but faced a net outflow of 1.45 million yuan from retail investors [3].

Market Overview - The Shanghai Composite Index closed at 3968.84 points, above the annual line, with a slight increase of 0.09% [1] - The total trading volume of A-shares reached 24,617.43 billion yuan [1] Stocks Breaking Annual Line - A total of 92 A-shares have surpassed the annual line today, with notable stocks showing significant deviation rates [1] - The stocks with the highest deviation rates include: - Wajingke (8.82%) - Zhangyue Technology (8.44%) - Suoling Co., Ltd. (7.81%) [1] Detailed Stock Performance - The following stocks have notable performance metrics: - Wajingke: 20.00% increase, turnover rate of 14.94%, latest price at 37.80 yuan [1] - Zhangyue Technology: 10.00% increase, turnover rate of 12.20%, latest price at 22.12 yuan [1] - Suoling Co., Ltd.: 10.00% increase, turnover rate of 10.69%, latest price at 6.05 yuan [1] - Other stocks with significant increases include: - Desheng Technology: 10.03% increase - Nanxing Co., Ltd.: 10.00% increase [1] Additional Stocks with Minor Deviations - Stocks with smaller deviation rates that have just crossed the annual line include: - Guifaxiang - Guangkang Biochemical - Shunwang Technology [1]

Core Insights - The traditional braised food brand, Ziyan Baiwei Chicken, is facing unprecedented opportunities and challenges as the younger generation becomes the main consumer force in the market [1] - Ziyan has successfully rejuvenated its brand image and opened new growth paths through strategic innovations tailored to Gen Z consumption trends [1] Group 1: Market Strategy - Ziyan has identified "university towns" and "factory canteens" as key high-frequency consumption scenarios, implementing differentiated penetration strategies [1] - The company has strategically located its stores close to student life circles and has engaged in online community operations and offline themed activities to enhance customer loyalty and repurchase rates [1] - Ziyan plans to expand its successful model from tech and industrial parks nationwide, aiming to establish a new benchmark for "workplace dining" [1] Group 2: Product Innovation - Continuous product innovation is crucial for retaining young consumers, with Ziyan understanding their dual pursuit of "freshness" and "quality" [3] - The company has established an innovation research institute to systematically advance product iterations, launching new products monthly based on seasonal changes and regional characteristics [3] - An example includes the "Tea Braised Series," inspired by Minnan tea culture, which achieved a 45% month-on-month sales increase in trial areas due to its health-oriented flavor upgrade and lightweight packaging [3] Group 3: Marketing and Brand Communication - Ziyan has adopted bold innovations in marketing, exploring interactive methods favored by young consumers [4] - The company has implemented a "headquarters empowerment + regional linkage" live-streaming strategy to showcase product advantages and utilize big data for precise information flow [4] - Ziyan has successfully built a trust loop with consumers through transparent sourcing and production processes, as demonstrated in a 48-hour live-streaming event in collaboration with strategic partner Wens Food [4] - Collaborations with popular brands like Samyang have enhanced Ziyan's brand recognition and market competitiveness among young consumers [4] Group 4: Recognition and Future Outlook - Ziyan's comprehensive young-oriented strategy has been recognized in the market, earning accolades such as "2025 High-Quality Consumption Brand TOP 100" and "Top 10 Z Generation Innovative Brands" [5] - The company is committed to continuing its innovative approach to outline a more vibrant and imaginative development landscape for the braised food industry [5]

Core Viewpoint - The leisure food sector experienced a slight increase of 0.02% on December 26, with Wancheng Group leading the gains, while the overall market indices also showed positive movement [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3963.68, up by 0.1% [1]. - The Shenzhen Component Index closed at 13603.89, up by 0.54% [1]. - Key stocks in the leisure food sector showed varied performance, with Wancheng Group closing at 202.40, up by 1.64% [1]. Group 2: Stock Performance Summary - Wancheng Group (300972) led the sector with a closing price of 202.40 and a gain of 1.64% [1]. - Other notable performers included Ximai Food (002956) at 27.08, up by 1.27%, and Laiyifen (603777) at 14.39, also up by 1.27% [1]. - Stocks such as Good Idea (002582) and Guilin Faxiang (002820) saw slight declines of 0.28% and 0.32%, respectively [1]. Group 3: Capital Flow Analysis - The leisure food sector saw a net outflow of 55.17 million yuan from institutional investors, while retail investors contributed a net inflow of 48.18 million yuan [2]. - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed interest [2]. Group 4: Individual Stock Capital Flow - Laiyifen (603777) experienced a significant net outflow of 42.53 million yuan from institutional investors, indicating a bearish sentiment [3]. - Wancheng Group (300972) had a net inflow of 2.78 million yuan from retail investors, suggesting some level of support from individual investors [3]. - Ximai Food (002956) saw a net inflow of 3.03 million yuan from institutional investors, reflecting positive interest [3].