Core Viewpoint - The company, Ziyan Food, demonstrated resilience in a challenging market environment, achieving a slight revenue increase despite industry slowdowns and intensified competition [1][2]. Group 1: Financial Performance - In Q3 2025, Ziyan Food reported revenue of 1.041 billion yuan, a year-on-year increase of 1.75%, with a net profit of 89.54 million yuan [1]. - Total assets reached 3.917 billion yuan, reflecting a growth of 17.56% compared to the end of the previous year [1]. - The company's operating costs decreased by 8.46% year-on-year, indicating successful cost management strategies [1]. Group 2: Supply Chain and Digital Transformation - Ziyan Food completed a digital transformation of its supply chain, integrating systems such as SAP-ERP, sales middle platform, TMS, and WMS to enhance core business management [1]. - Automation and IoT technologies were introduced in production processes, ensuring standardized product flavor and operational efficiency [1]. Group 3: Product Innovation and Market Strategy - The company launched a diversified product matrix, including new offerings like smoked marinated series and Sichuan-style shredded chicken, targeting younger consumers [2]. - Collaborations with brands like Samyang for spicy turkey sauce products helped Ziyan Food reach new consumer segments and enhance its trendy brand image [2]. - Ziyan Food is exploring international market opportunities while solidifying its brand presence in the marinated food sector [2].

格隆汇10月24日丨紫燕食品(603057.SH)公布，公司第三季度实现营业收入10.4亿元，同比增长1.75%； 归属于上市公司股东的净利润8954.35万元，同比下降40.66%；归属于上市公司股东的扣除非经常性损 益的净利润8268万元，同比下降40.46%；基本每股收益0.2173元。 ...

每经AI快讯，紫燕食品（SH 603057，收盘价：18.76元）10月24日晚间发布三季度业绩公告称，2025年 前三季度营收约25.14亿元，同比减少6.43%；归属于上市公司股东的净利润约1.94亿元，同比减少 44.37%；基本每股收益0.4694元，同比减少44.48%。 每经头条（nbdtoutiao）——中国创新药，今年海外授权已卖出800亿美元！对话创东方投资合伙人卢 刚：生物医药二级市场火热，一级市场为何募资遇冷？ （记者 王晓波） 截至发稿，紫燕食品市值为78亿元。 ...

人民财讯10月24日电，紫燕食品（603057）10月24日发布2025年三季报，公司第三季度营业收入10.41 亿元，同比增长1.75%；净利润8954.35万元，同比下降40.66%。前三季度营业收入25.14亿元，同比下 降6.43%；净利润1.94亿元，同比下降44.37%；基本每股收益0.4694元。 ...

证券代码：603057 证券简称：紫燕食品 公告编号：2025-069 紫燕食品集团股份有限公司 2025 年前三季度经营数据公告 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。 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)的相关规定，现将紫燕食品集团股份有限公司（以下简称 "公司"）2025 年前三季度主要经营数据（未经审计）公告如下： 一、 公司 2025 年前三季度主要经营情况 3、主营业务按区域分类情况： 单位：元 币种：人民币 | 分地区 | 2025 年 1-9 月 | | | --- | --- | --- | | | 金额 | 占比 | | 华东 | 1,697,249,485.68 | 68.99% | | 华中 | 287,418,253.56 | 11.68% | | 西南 | 249,014,570.67 | 10.12% | | 华北 | 87,806,768.03 | 3.57% | | 华南 | 71,485,765.66 | 2.91% | | 西北 ...

紫燕食品集团股份有限公司 2025 年第三季度报告 证券代码：603057 证券简称：紫燕食品 紫燕食品集团股份有限公司 2025 年第三季度报告 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。 重要内容提示： 紫燕食品集团股份有限公司 2025 年第三季度报告 | 经营活动产生的现金流 | 不适用 | 不适用 | 252,437,090.91 | | -39.23 | | --- | --- | --- | --- | --- | --- | | 量净额 | | | | | | | 基本每股收益（元/股） | 0.2173 | -40.40 | 0.4694 | -44.48 | | | 稀释每股收益（元/股） | 0.2173 | -40.40 | 0.4694 | -44.48 | | | 加权平均净资产收益率 | | 减少 2.87 个 | | 减少 6.97 个百 | | | （%） | 4.58 | 百分点 | 9.63 | 分点 | | | | | | | 本报告期末比 | | | | 本报告期末 | | 上年度 ...

紫燕食品公告，第三季度营收为10.41亿元，同比增长1.75%；净利润为8954.35万元，下降40.66%。前 三季度营收为25.14亿元，同比下降6.43%；净利润为1.94亿元，同比下降44.37%。 ...

Core Insights - The company, Ziyan Food, focuses on maintaining a unified brand image and standardized service while adapting to regional preferences and consumer demands [1][3] - Ziyan Food's business scale continues to expand, supported by a robust distributor system and an efficient supply chain network [1][3] Regional Strategies - Recent promotional activities, such as the "Spicy Duck Head" in Wuhan and "Rabbit Legs, Duck Heads" in Sichuan-Chongqing, demonstrate Ziyan Food's targeted marketing strategies that resonate with local tastes [1][3] - In Xuzhou, Jiangsu, the "Oil-Scalded Duck" campaign enhances consumer experience through product innovation and interactive scenarios, contributing to steady sales growth [1][3] Product Development and Market Research - Ziyan Food's strong product development capabilities align with local consumer preferences, showcasing the company's ability to grasp regional consumption trends [3] - The company operates primarily through a distributor-based chain model, which alleviates pressure on managing downstream stores and facilitates market research [3] - The establishment of the Ziyan Food Innovation Research Institute aims to create a top-tier food R&D center, leading to the development of both national and localized products [3] Future Outlook - Ziyan Food plans to deepen its regional market presence while continuing to innovate and introduce distinctive products, contributing to the vitality of the marinated food industry [3]

Investment Rating - The report maintains a recommendation for the liquor sector, indicating a bottoming out phase with potential for recovery in the future [2]. Core Insights - The liquor industry is experiencing a significant decline in sales, with an expected drop of over 20% in overall sales volume. However, there are signs of month-on-month improvement, and the decline is narrowing [5][9]. - Major liquor companies like Moutai and Wuliangye are showing strong recovery in payment collection, with over 80% collection rates, while regional brands are performing adequately [5][9]. - The report emphasizes the importance of focusing on high-quality liquor brands that are likely to recover faster, such as Moutai and Fenjiu, while also highlighting the need to monitor companies undergoing significant changes [6][9]. Summary by Sections 1. Liquor Sector: Q3 Accelerated Decline and Bottoming Out - The liquor sector is facing a 20%+ decline in sales due to external demand shocks, with a gradual improvement expected in the coming months [5][9]. - High-end liquor brands are expected to show resilience, with Moutai projected to achieve a 3% revenue growth in Q3, while Wuliangye is expected to see a 20% revenue decline [10][11]. - The report indicates that companies are adjusting their strategies to reduce channel pressure and improve operational efficiency [9][10]. 2. Consumer Goods Sector: Overall Demand Weakness, Structural Resilience - The consumer goods sector is experiencing overall weak demand, but segments like snacks and beverages are showing higher resilience [17][24]. - The report notes that while the demand for dairy and beer remains stable, the restaurant supply chain is still under pressure [17][24]. - Raw material prices are generally declining, which may provide some cost relief to companies in the sector [24][25]. 3. Investment Recommendations: Focus on Liquor Bottoming Catalysts and Selective Consumer Goods Trends - The report suggests focusing on liquor companies that are at the bottom of their cycles, with Moutai and Fenjiu being primary recommendations [6][9]. - For consumer goods, the report highlights the potential of snack and beverage companies, recommending brands that are well-positioned to benefit from current trends [6][17].

紫燕食品集团股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公 告 证券代码：603057 证券简称：紫燕食品 公告编号：2025-068 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： | 产品名称 | 交通银行蕴通财富定期型结构性存款 63 天 （挂钩汇率看涨） | | --- | --- | | 受托方名称 | 交通银行 | | 购买金额 | 3,000 万元 | | 产品期限 | 63 天 | | 特别风险提示（如有请勾选） | 其他：不适用____ | 现金管理产品的基本情况 已履行的审议程序 紫燕食品集团股份有限公司（以下简称"公司"）于 2025 年 4 月 16 日召开 第二届董事会第十次会议，审议通过了《关于使用部分闲置募集资金进行现金管 理的议案》，使用不超过人民币 4.7 亿元的闲置募集资金进行现金管理，使用期 限为本次董事会审议通过之日起 12 个月内，在前述额度及有效期内，资金可以 循环滚动使用。公司保荐机构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。具体内容详见 ...