宁波乐惠国际工程装备股份有限公司 第四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 宁波乐惠国际工程装备股份有限公司（以下简称"公司"或者"乐惠国际"） 第四届董事会第六次会议通知于 2025 年 7 月 14 日以电子邮件方式向全体董事发 出，本次会议于 2025 年 7 月 16 日以书面议案结合通讯表决的方式召开。应参与 表决董事 9 人，实际表决董事 9 人，会议由董事长赖云来先生主持。 证券代码：603076 证券简称：乐惠国际 公告编号：2025-039 本次会议的召集、召开和表决程序符合法律、法规和《公司章程》的有关规 定，会议形成的决议合法有效。 二、董事会会议审议情况 （一）审议通过了《关于取消监事会并修订公司章程的议案》 具体内容详见公司同日发布于《证券时报》和上海证券交易所网站 （www.sse.com.cn）的《关于取消监事会并修订公司章程及部分治理制度的公告》 （公告编号：2025-040）。 本议案尚需提交公司股东大会审议批准。 表决结果： ...

证券代码：603076 证券简称：乐惠国际 公告编号：2025-037 宁波乐惠国际工程装备股份有限公司 关于签订募集资金三方监管补充协议的公告 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。 二、《募集资金专户存储三方监管协议》的签订情况 近日，宁波乐惠国际工程装备股份有限公司（以下简称"公司"）及子公司 昆明鲜啤三十公里科技有限公司（以下简称"昆明鲜啤三十公里"）与招商银行 股份有限公司昆明分行、国金证券股份有限公司签订《募集资金三方监管协议之 补充协议》，募集资金的用途增加现金管理业务。现将有关情况公告如下： 一、募集资金基本情况 经中国证券监督管理委员会"证监许可[2020]2505 号"《关于核准宁波乐 惠国际工程装备股份有限公司非公开发行股票的批复》核准，公司非公开发行普 通股（A 股）11,715,246 股，每股发行价为 35.68 元，募集资金总额为 417,999,977.28 元；扣除发行费用 13,809,194.11 元后，募集资金净额为 404,190,783.17 元。众华会计师事务所（特殊 ...

Company Overview - Lehui International closed at 30.82 yuan, down 1.25%, with a rolling PE ratio of 139.81 times and a total market value of 3.72 billion yuan [1] - The company operates in the specialized equipment industry, which has an average PE ratio of 63.41 times and a median of 50.07 times, placing Lehui International at the 229th position in the industry ranking [1] Shareholder Information - As of March 31, 2025, Lehui International had 8,564 shareholders, a decrease of 629 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares per shareholder [1] Business Operations - Lehui International focuses on the research, production, and manufacturing of liquid food equipment, with key products including brewing equipment for alcoholic beverages, sterile filling equipment, and other bioprocess equipment [1] - The company has been recognized as a national champion in manufacturing, with its beer brewing equipment and filtration equipment awarded national-level champion product status [1] Financial Performance - In the latest quarterly report for Q1 2025, the company reported revenue of 206 million yuan, a year-on-year decrease of 5.87%, while net profit reached 8.94 million yuan, reflecting a year-on-year increase of 160.61%, with a gross profit margin of 20.66% [1]

Core Points - Lehui International (603076) closed at 30.45 yuan on June 27, 2025, down 0.1% from the previous week [1] - The company's market capitalization is currently 3.675 billion yuan, ranking 105th out of 177 in the specialized equipment sector and 3805th out of 5151 in the A-share market [1] Company Announcements - The company announced the use of up to 180 million yuan of idle raised funds for cash management, with a duration of 12 months [1] - The entrusted financial management will be conducted by Agricultural Bank of China, with an investment of 29 million yuan in a structured deposit product, expected annual yield of 0.31%-1.01%, and estimated returns of 15,500-50,600 yuan [1] - The source of funds is from a non-public stock issuance, totaling approximately 418 million yuan, with a net amount of about 404 million yuan after deducting issuance costs [1] - The company has implemented multiple risk control measures, including decision-making authority granted to the general manager, specific implementation by the finance department, supervision by the audit department, and oversight by independent directors and the supervisory board [1] - The company believes that using idle raised funds for cash management will not affect the investment projects and will enhance fund utilization efficiency, increasing company returns [1] - As of the announcement date, the company has invested a total of 419 million yuan in entrusted financial management over the past twelve months, with actual returns of 3.0368 million yuan and an unrecovered principal of 157 million yuan [1]

宁波乐惠国际工程装备股份有限公司 关于使用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个别及连带责任。 证券代码：603076 证券简称：乐惠国际 公告编号：2025-036 重要内容提示： ●委托理财受托方：中国农业银行股份有限公司 ●本次委托理财金额：2,900 万元 ●委托理财产品名称："汇利丰"2025 年第 5763 期对公定制人民币结构性 存款产品 ●委托理财期限：63 天 ●履行的审议程序：宁波乐惠国际工程装备股份有限公司（以下简称"公司" 或"乐惠国际"）于 2024 年 11 月 19 日召开了第四届董事会第一次会议、第四届 监事会第一次会议，审议通过了《关于使用暂时闲置募集资金进行现金管理的议 案》，同意公司及其子公司（含控股子公司）在确保不影响募集资金投资项目建 设和募集资金使用的情况下，使用最高不超过人民币 18,000 万元的暂时闲置非 公开发行股票募集资金进行现金管理。期限为 12 个月，资金额度在期限内根据 募集资金闲置情况循环使用。 一、本次委托理财概况 （一）委 ...

Summary of Lehui International Conference Call Company Overview - **Company**: Lehui International - **Industry**: Craft Beer Key Points and Arguments 1. **Sales Growth and Pricing Strategy**: Lehui International maintains a unit price of over 15,000 yuan per ton for beer, achieving a year-on-year sales growth of 35% through services, rebates, and incentive measures, indicating strong market competitiveness [2][4] 2. **Channel Expansion**: The company is actively expanding its convenience store channels, deepening cooperation with FamilyMart, and positioning craft beer as a new growth point within the CVS system, reflecting a strategic adjustment in channel strategy and enhanced market penetration [2][6] 3. **Patent Protection and Brand Recognition**: To combat product design imitation, Lehui International is actively applying for patent protection and enhancing brand recognition through market education and advertising investments [2][8] 4. **Franchise Model for Taverns**: The company has shifted its tavern strategy from direct operation to a franchise model, increasing recruitment efforts to reduce heavy asset operations while expanding self-controlled sales channels [2][10] 5. **Financial Performance**: In Q1 2025, the Jin Guang segment reported revenue of approximately 33 to 36 million yuan, with EBITDA exceeding 2 million yuan, significantly reducing losses through cost reduction and sales growth [2][13] 6. **Innovative Operations in Dining**: Lehui International has innovated its dining operations by increasing franchise fees, opening ODM business, and deploying draft beer machines, with about 2,000 machines already placed in Q1 2025 [2][14] 7. **Production Capacity and Future Plans**: The company has a total production capacity of 38,000 tons, with new factories in Changchun and Kunming expected to be operational by April 2027, although capital expenditures have been delayed due to low current capacity utilization [2][22] Additional Important Insights 1. **Sales Channel Distribution**: Last year's sales channels included KA channels and distributors, each accounting for about 40% of total sales, with taverns at 10-12% and e-commerce at 5%. The company plans to maintain these channels in 2025 [4] 2. **Distributor Policies**: The company did not adjust rebate policies for distributors last year, allowing high-quality distributors to benefit from increased rebates based on their purchase volumes [5] 3. **E-commerce Strategy**: Lehui International has been focusing on e-commerce, collaborating with top influencers for live-stream sales, and plans to continue evaluating partnerships that align with brand values [12] 4. **Market Trends**: The market for private brands and small factory OEM production is growing rapidly, with increasing demand for quality and consistency, where Lehui International holds a competitive advantage [24] 5. **New Product Development**: The company has launched a new flavor, Honeydew 2, for online sales and plans to continue developing new flavors, particularly in the fruit beer category [25] This summary encapsulates the key insights from the conference call, highlighting Lehui International's strategic initiatives, financial performance, and market positioning within the craft beer industry.

Core Points - Lehui International (603076) closed at 31.66 yuan on June 13, 2025, down 14.78% from last week's 37.15 yuan [1] - The company's market capitalization is currently 3.821 billion yuan, ranking 97th out of 177 in the specialized equipment sector and 3633rd out of 5150 in the A-share market [1] Trading Information Summary - Lehui International appeared on the Shanghai and Shenzhen Stock Exchange's "Dragon and Tiger List" for the second time in five trading days due to a price drop deviation of 7% [1][3] Company Announcements Summary - The wholly-owned subsidiary of Lehui International, Ningbo San Shi Kilometer Investment Co., Ltd., has established a limited partnership named Ningbo Jiu Hai Enterprise Management Partnership (Limited Partnership) with a total scale of 20 million yuan, with San Shi Kilometer Investment contributing 5 million yuan, accounting for 25% [1] - The partnership will primarily engage in enterprise management and information consulting services, with a duration of 7 years. This investment will not significantly impact the company's normal operations or financial status [1] - The company is utilizing up to 180 million yuan of idle raised funds for cash management, with the latest structured deposit of 18 million yuan at Zheshang Bank, with a term of 91 days and expected annualized returns of 1.0%, 1.90%, or 2.65% [1] - Over the past twelve months, the company has invested a total of 390 million yuan in entrusted wealth management, recovering 262 million yuan in principal and earning 3.0368 million yuan, with 128 million yuan in principal yet to be recovered [1]

证券代码：603076 证券简称：乐惠国际 公告编号：2025-035 宁波乐惠国际工程装备股份有限公司 关于使用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个别及连带责任。 重要内容提示： ●委托理财受托方：浙商银行股份有限公司 ●本次委托理财金额：1,800 万元 ●委托理财产品名称：浙商银行单位结构性存款（EEQ25023UT）、浙商银 行单位结构性存款（EEQ25023DT） ●委托理财期限：91 天 ●履行的审议程序：宁波乐惠国际工程装备股份有限公司（以下简称"公司" 或"乐惠国际"）于 2024 年 11 月 19 日召开了第四届董事会第一次会议、第四届 监事会第一次会议，审议通过了《关于使用暂时闲置募集资金进行现金管理的议 案》，同意公司及其子公司（含控股子公司）在确保不影响募集资金投资项目建 设和募集资金使用的情况下，使用最高不超过人民币 18,000 万元的暂时闲置非 公开发行股票募集资金进行现金管理。期限为 12 个月，资金额度在期限内根据 募集资金闲置情况循环使用。 一、公 ...

证券代码：603076 证券简称：乐惠国际 公告编号：2025-034 宁波乐惠国际工程装备股份有限公司 关于子公司参与设立有限合伙企业的公告 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： 一、对外投资概述 近日，宁波乐惠国际工程装备股份有限公司（以下简称"公司"）全资子公 司宁波三十公里投资有限公司（以下简称"三十公里投资"）与广州久赢私募股 权投资基金管理有限公司、杭州酒与诗商贸有限公司、广州久勤企业咨询有限公 司以及自然人边晓红女士、林敬伟先生签署了宁波酒嗨企业管理合伙企业（有限 合伙）合伙协议（以下简称"合伙协议"或"本协议"），共同投资设立宁波酒 嗨企业管理合伙企业（有限合伙）(暂定名，以市场监督管理局核准登记的名称 为准)，通过合法经营实现资产增值。合伙企业规模 2000 万元，其中宁波三十公 里投资有限公司作为有限合伙人认缴出资 500 万元，占比 25%。后续该合伙企业 不会纳入公司合并报表范围。 1 投资标的名称：宁波酒嗨企业管理合伙企业（有限合伙）(暂定名，以市场 监督管理局核准登记 ...

Core Viewpoint - Lehui International (603076) experienced a significant decline of 8.81% in its stock price, with a trading volume of 5.81 billion yuan and a turnover rate of 12.79% on the day of the report [2] Trading Activity - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of -8.37%, with a net sell-off of 14.50 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction volume of 130 million yuan, with buying transactions amounting to 57.88 million yuan and selling transactions totaling 72.38 million yuan, resulting in a net sell-off of 14.50 million yuan [2] - The largest buying brokerage was Huatai Securities Co., Ltd. with a purchase amount of 31.88 million yuan, while the largest selling brokerage was Guotai Junan Securities Co., Ltd. with a selling amount of 23.13 million yuan [2][3] Capital Flow - The stock saw a net outflow of 33.98 million yuan in principal funds, with a net outflow of 0.88 million yuan from large orders and a net outflow of 33.11 million yuan from major orders [2] - Over the past five days, the net outflow of principal funds reached 79.44 million yuan [2] Margin Trading Data - As of June 9, the latest margin trading balance for the stock was 17.70 million yuan, with a financing balance of 17.70 million yuan and a securities lending balance of 0.40 million yuan [3] - The financing balance increased by 7.44 million yuan over the past five days, representing a growth of 72.65%, while the securities lending balance increased by 974 yuan, reflecting a growth of 32.47% [3] Financial Performance - In the first quarter, the company reported a revenue of 206 million yuan, a year-on-year decrease of 5.87%, while the net profit was 8.94 million yuan, showing a year-on-year increase of 160.61% [3]