证券代码：603156 证券简称：养元饮品 公告编号：2023-019 重要内容提示： 投资者可于 2023 年 8 月 30 日(星期三)至 9 月 5 日(星期二)16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮 箱 yangyuanzhengquanbu@hbyangyuan.com 进行提问。公司将在说明 会上对投资者普遍关注的问题进行回答。 河北养元智汇饮品股份有限公司（以下简称"公司"）已于 2023 年 8 月 26 日发布公司 2023 年半年度报告，为便于广大投资者更全面 深入地了解公司 2023 年半年度经营成果、财务状况，公司计划于 2023 年 9 月 6 日上午 10:00-11:00 举行 2023 年半年度业绩说明会，就投 资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2023 年半 会议召开时间：2023 年 9 月 6 日(星期三)上午 10:00-11:00 会议 召开地点： 上海证券 交易所 上证路演 中心（ 网址 ： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中 ...

Financial Performance - The company's revenue for the first half of 2023 reached CNY 3,002,136,427.55, an increase of 9.18% compared to CNY 2,749,658,478.48 in the same period last year[16]. - Net profit attributable to shareholders was CNY 911,511,325.78, representing a growth of 31.41% from CNY 693,662,985.16 year-on-year[16]. - The net cash flow from operating activities surged by 395.58% to CNY 866,241,859.75, compared to CNY 174,794,426.09 in the previous year[16]. - The basic earnings per share increased to CNY 0.7203, up 31.42% from CNY 0.5481 in the same period last year[17]. - The weighted average return on net assets rose to 7.84%, an increase of 2.24 percentage points compared to 5.60% in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 715,665,625.91, a 31.20% increase from CNY 545,471,699.34 year-on-year[16]. - The company's operating revenue for the reporting period was ¥3,002,136,427.55, representing a 9.18% increase compared to ¥2,749,658,478.48 in the same period last year[37]. - Operating profit for the first half of 2023 was ¥1,163,756,617.17, up 24.0% from ¥937,648,407.89 in the first half of 2022[101]. - The total comprehensive income for the first half of 2023 was ¥985,287,357.57, an increase from ¥683,903,509.85 in the same period of 2022[102]. Assets and Liabilities - The net assets attributable to shareholders decreased by 11.21% to CNY 10,223,431,873.88 from CNY 11,514,700,248.63 at the end of the previous year[16]. - Total assets decreased by 2.46% to CNY 14,693,853,933.05 from CNY 15,064,161,118.75 at the end of the previous year[16]. - The company's total equity decreased to ¥9,362,792,348.73 in the first half of 2023 from ¥9,978,127,228.85 in the previous year, a decline of about 6.2%[100]. - Current liabilities increased from CNY 3,407,076,832.76 to CNY 4,215,385,407.18, representing a growth of about 23.7%[97]. - Short-term borrowings rose significantly from CNY 400,000,000.00 to CNY 963,031,880.44, an increase of 140.8%[99]. - The total liabilities rose from CNY 3,546,471,082.03 to CNY 4,467,431,596.16, indicating an increase of about 25.9%[97]. Market and Product Development - The company’s main business focuses on the research, production, and sales of plant protein beverages, primarily using walnut kernels as raw materials[26]. - The company’s flagship product, the "Six Walnuts" series, has achieved a market-leading position in the walnut milk beverage industry in China[22]. - The plant protein beverage market in China is expected to continue growing, driven by increasing consumer health awareness and demand for nutritious products[23]. - The company has developed a new product, "Six Walnuts 2430," targeting students and white-collar workers, which meets high-quality consumer demands[26]. - The company has introduced a no-sugar high-calcium walnut product, specifically designed for the elderly, with a calcium content of 144mg per can[26]. - The company has developed a new children's beverage with added zinc gluconate and natural melon jam, suitable for children, in a 145ml package[27]. - The company aims to expand its market presence and brand influence by innovating product categories and enhancing consumer engagement[20]. Operational Efficiency - The company operates 34 production lines for plant protein beverages, with a total capacity of approximately 1.48 million tons per year[28]. - The company has established a nationwide production and processing system with three self-owned production bases and three commissioned processing bases, making it the largest producer of walnut milk in China[34]. - The company has implemented a "5·3·28" production process and a full walnut CET cold extraction technology, ensuring high product quality and safety[32]. - The company has successfully promoted sugar-free high-calcium walnut milk and walnut milk for cognitive development, enhancing its product structure to meet diverse consumer needs[35]. Marketing and Digital Transformation - The company is leveraging digital transformation to enhance its marketing strategies and reach new consumer segments[24]. - The company has formed strategic partnerships with major e-commerce and live-streaming platforms, covering mainstream domestic platforms[33]. - The company is expanding its digital marketing efforts, implementing a "one product, one code" strategy to enhance sales data tracking and operational efficiency[36]. - The company is actively promoting its plant-based milk products and exploring new marketing models in the breakfast market[36]. Environmental and Safety Compliance - The company has established a wastewater treatment facility with a processing capacity of 2800 tons per day, ensuring compliance with environmental standards[60]. - The company reported no exceedance of pollution discharge limits for COD and ammonia nitrogen, with total emissions of 18.26 tons and 1.35 tons respectively in the first half of 2023[60]. - The company maintains a normal operation of its environmental protection facilities, ensuring that pollutant emissions are within the required standards[61]. - The company has obtained environmental protection approvals for five projects, allowing them to officially commence production[62]. - The company has established an emergency response plan for environmental incidents to mitigate potential damages[63]. - The company has implemented real-time monitoring of pollutant emissions, with all reported emissions meeting national standards during the reporting period[64]. Shareholder and Governance Matters - The company has committed to not transferring or entrusting the management of its shares for 36 months from the date of listing, with a reduction limit of 25% of total shares held per year during the tenure of directors and senior management[73]. - Major shareholders, including the actual controller, have pledged to limit share reductions to no more than 5% of total shares held at the end of the previous year within two years after the lock-up period[75]. - The company confirmed that there were no changes in the total number of shares or share capital structure during the reporting period[86]. - The total number of ordinary shareholders at the end of the reporting period was 16,783[88]. Risk Management - The company faces risks related to food safety, product variety, market competition, and changing consumer preferences, which could impact future performance[54]. - The company has not experienced any product safety or quality incidents since its establishment in September 1997[32]. - The company emphasizes a procurement model focused on food safety, with a comprehensive supplier evaluation and management system[28]. Financial Management - The company reported a financial income of ¥49,983,946.05 in the first half of 2023, compared to a financial expense of ¥37,642,416.04 in the same period last year[101]. - The company has a total of CNY 5.96 billion in undistributed profits, which can be utilized for future investments or distributions[124]. - The company has reported a significant increase in bank deposits, which rose to CNY 3,105,166,417.99 from CNY 1,585,236,985.96, reflecting an increase of approximately 96%[190]. - The expected credit loss for accounts receivable is calculated based on historical data and forward-looking information, including economic downturn risks and changes in customer conditions[187].

单位：万元 币种：人民币 渠道类型 2023 年 1－6 月 销售收入 2022 年 1－6 月 销售收入 增减变动幅度（%） 经销 285,632.46 260,384.55 9.70 直销 14,346.11 14,353.93 -0.05 合计 299,978.57 274,738.48 9.19 证券代码：603156 证券简称：养元饮品 公告编号：2023-018 河北养元智汇饮品股份有限公司 2023 年半年度经营数据公告 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：第十二 号——酒制造》的相关规定，现将河北养元智汇饮品股份有限公司（以下简称"公 司"）2023 年半年度主要经营数据（未经审计）公告如下： 一、公司 2023 年半年度主要经营情况 1.按销售渠道分类情况 2.按区域分类情况 2023 年 8 月 26 日 单位：万元 币种：人民币 区域名称 2023 年 1－6 月 销售收入 2022 年 1－6 月 销售收入 增减变动幅度 （%） ...

Financial Performance - The company's operating revenue for 2022 was RMB 5,922,826,767.82, a decrease of 14.24% compared to RMB 6,905,959,247.09 in 2021[16] - The net profit attributable to shareholders of the listed company was RMB 1,474,249,491.10, down 30.16% from RMB 2,110,817,033.95 in the previous year[16] - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,195,962,844.03, a decline of 32.23% compared to RMB 1,764,841,531.24 in 2021[16] - The net cash flow from operating activities was RMB 1,153,410,020.41, a decrease of 43.14% from RMB 2,028,551,706.54 in the previous year[16] - As of the end of 2022, the net assets attributable to shareholders of the listed company were RMB 11,514,700,248.63, down 7.60% from RMB 12,461,790,746.93 at the end of 2021[17] - The total assets at the end of 2022 were RMB 15,064,161,118.75, a decrease of 5.16% from RMB 15,884,499,316.23 at the end of 2021[17] - Basic earnings per share for 2022 decreased by 30.16% to CNY 1.1650 compared to CNY 1.6680 in 2021[18] - The weighted average return on equity dropped by 5.05 percentage points to 12.51% in 2022 from 17.56% in 2021[18] Dividend Distribution - The company plans to distribute a cash dividend of RMB 18 per 10 shares, totaling RMB 227,788,850.00 based on a total share capital of 126,549,360 shares[3] - The cash dividend payout ratio for the year was 154.51%[3] - The total cash dividend distributed was 2,277,888,480.00 RMB, which is 154.51% of the net profit attributable to ordinary shareholders in the consolidated financial statements[142] Market and Product Development - The company launched new plant-based milk products to meet diverse consumer demands, focusing on low-sugar and nutritious options[26] - The plant protein beverage market in China is projected to exceed RMB 140 billion by 2026, indicating continuous growth in the sector[30] - The increasing health consciousness among consumers is driving demand for plant protein beverages, aligning with current consumption trends[31] - The company is actively pursuing product innovation and category upgrades to meet the diverse needs of consumers[30] - The company is positioned as a leader in the walnut protein beverage category, having developed a strong brand presence over 20 years[30] Sales and Distribution - The company is expanding its online sales channels while strengthening its traditional distribution capabilities[27] - The company employs a dual sales model of distribution and direct sales, with the distribution model being the primary method of reaching consumers[37] - The sales revenue from the distribution channel was CNY 568,705.67 million, a decrease of 14.96% compared to the previous period[76] - The sales revenue from direct sales was CNY 23,167.27 million, an increase of 8.45% compared to the previous period[76] - The online sales revenue reached CNY 13,540.23 million, an increase of 8.59% year-on-year[81] Operational Efficiency - The company has 34 production lines with a total capacity of approximately 1.48 million tons per year, supporting its main product offerings[36] - The company has established a procurement model focused on food safety, with a comprehensive supplier evaluation and management system in place[35] - The company has expanded its production capabilities through both self-built facilities and outsourcing to contract manufacturers since September 2010[36] - The company has implemented a digital transformation strategy to adapt to changing consumer habits, emphasizing online sales channels[32] Environmental Responsibility - The company reported a total wastewater discharge of 43.79 tons of COD and 2.81 tons of ammonia nitrogen in 2022, with a concentration of COD at 113 mg/L and ammonia nitrogen at 7.19 mg/L, both well below the regulatory standards[150] - The company has implemented measures to reduce carbon emissions, including establishing an energy management platform and upgrading production processes to recover waste heat, which enhances energy efficiency[161] - The company has installed online monitoring equipment for real-time tracking of pollutant emissions, ensuring compliance with environmental regulations[154] - The company has become the largest producer of walnut milk in China since its establishment in 1997, significantly expanding walnut planting areas in key regions[165] Corporate Governance - The company held 1 shareholders' meeting during the reporting period, ensuring compliance with relevant regulations and allowing equal participation for all shareholders[105] - The board of directors convened 4 meetings in the reporting period, successfully completing the election of a new board in May 2022[105] - The supervisory board also held 4 meetings and completed its election in May 2022, ensuring compliance with legal requirements[106] - The company has improved its governance structure by revising its articles of association and enhancing internal control systems[106] - The company actively communicated with investors through various channels, ensuring timely information dissemination and protecting investor rights[106] Risk Management - The company reported no significant operational risks that could materially affect its production and operations during the reporting period[5] - The company recognizes the risk of product safety impacting brand reputation, emphasizing the importance of compliance with food safety regulations[102] - The company faces risks related to market competition as more manufacturers enter the plant protein beverage sector, increasing competitive pressure[103] Research and Development - The total R&D investment was 28,922,064.89 yuan, accounting for 0.49% of the operating income[58] - The number of R&D personnel was 283, making up 14.86% of the total workforce[59] - The company aims to enhance its technological innovation capabilities by collaborating with top research institutions and experts[101] Community Engagement - In 2022, the company donated a total of 810,000 CNY (approximately 81.90 million CNY) to various charitable projects, including 500,000 CNY to the China Red Cross Foundation[163] - The company invested 350,000 CNY in poverty alleviation and rural revitalization projects, focusing on industrial poverty alleviation[166] Future Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[114] - The company aims to achieve a revenue growth target of 5% for the upcoming fiscal year[114] - The company has set ambitious performance targets for the upcoming fiscal year, aiming for a revenue growth of over 15%[116]

证券代码：603156 证券简称：养元饮品 公告编号：2023-016 河北养元智汇饮品股份有限公司 关于参加河北辖区上市公司 2023 年投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，河北养元智汇饮品股份有限公司（以下 简称"公司"）将参加由河北证监局、河北省上市公司协会与深圳市全景网络有 限公司联合举办的"2023 年河北辖区上市公司投资者集体接待日活动"，现将 相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2023 年 5 月 30 日（周二）15:00-17:00。届时 公司高管将在线就公司 2022 年度业绩、公司治理、发展战略、经营状况和可持 续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参 与。 特此公告。 河北养元智汇饮品股份有限公司董事会 2023 年 5 月 ...

证券代码：603156 证券简称：养元饮品 公告编号：2023-014 河北养元智汇饮品股份有限公司 关于参加沪市食品饮料行业上市公司 2022 年度 集体业绩说明会的公告 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： 河北养元智汇饮品股份有限公司（以下简称"公司"）已于 2023 年 4 月 22 日发布公司 2022 年年度报告，为便于广大投资者更全面深入地了解公司 2022 年 度经营成果、财务状况，公司计划于 2023 年 5 月 26 日上午 9:00-10:00 参加沪 市食品饮料行业上市公司 2022 年度集体业绩说明会，就投资者关心的问题进行 交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度的经营成果 及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范围内 就投资者普遍关注的问题进行回答。 会议召开时间：2023 年 5 月 26 日（星期五）上午 9:00-10:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 ...

Financial Performance - The company's revenue for Q1 2023 was ¥2,228,868,121.09, representing an increase of 8.82% compared to the same period last year[4] - Net profit attributable to shareholders was ¥732,678,191.84, reflecting a significant increase of 39.92% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥612,061,371.76, up by 24.46% from the previous year[4] - The basic earnings per share for the period was ¥0.5790, which is a 39.92% increase compared to the same period last year[4] - The total operating revenue for Q1 2023 was CNY 2,228,868,121.09, an increase of 8.8% compared to CNY 2,048,198,838.16 in Q1 2022[16] - The net profit attributable to shareholders for Q1 2023 was CNY 7,471,780,270.80, compared to CNY 6,739,102,078.96 in Q1 2022, indicating a growth of 10.9%[15] - The net profit for Q1 2023 was CNY 732,678,413.78, representing a 39.9% increase compared to CNY 523,651,921.22 in Q1 2022[18] - The total comprehensive income for Q1 2023 was CNY 809,945,576.63, compared to CNY 493,913,798.79 in Q1 2022, reflecting a significant increase of 63.9%[19] - The company achieved a total profit of CNY 935,952,147.46 in Q1 2023, compared to CNY 697,464,094.26 in Q1 2022, which is an increase of 34.2%[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥15,011,625,355.20, a slight decrease of 0.35% from the end of the previous year[5] - The total assets as of March 31, 2023, were CNY 15,011,625,355.20, slightly down from CNY 15,064,161,118.75 at the end of 2022[15] - The total liabilities decreased to CNY 2,683,559,741.84 in Q1 2023 from CNY 3,546,471,082.03 in Q1 2022, a reduction of 24.3%[14] - Shareholders' equity attributable to the parent company increased by 7.04% to ¥12,325,075,603.33[5] - The company's equity attributable to shareholders increased to CNY 12,325,075,603.33 in Q1 2023 from CNY 11,514,700,248.63 in Q1 2022, reflecting a growth of 7.0%[15] Cash Flow - The net cash flow from operating activities was negative at -¥415,890,733.49, indicating a significant change from the previous year[4] - The company reported a net cash flow from operating activities of CNY -415,890,733.49, an improvement from CNY -957,285,180.50 in Q1 2022[22] - The company's cash and cash equivalents as of March 31, 2023, were CNY 3,934,513,793.61, significantly higher than CNY 1,602,577,216.29 at the end of 2022[12] - Cash and cash equivalents at the end of Q1 2023 totaled CNY 2,857,086,702.53, up from CNY 1,578,323,521.69 at the end of Q1 2022, showing a growth of 81.1%[23] - The cash inflow from investment activities was CNY 3,398,172,355.49, down from CNY 4,250,050,614.13 in Q1 2022, indicating a decrease of 20.1%[22] - The company reported a total cash outflow from financing activities of CNY 28,659,070.05 in Q1 2023, compared to CNY 0 in Q1 2022[23] Operational Metrics - The total operating costs for Q1 2023 were CNY 1,412,141,500.02, up from CNY 1,357,075,171.09 in Q1 2022, reflecting a year-over-year increase of 4.1%[16] - Accounts receivable increased to CNY 48,933,306.59 in Q1 2023 from CNY 30,354,034.61 in Q1 2022, showing a rise of 61.2%[13] - Inventory decreased to CNY 619,046,454.44 in Q1 2023 from CNY 638,289,265.81 in Q1 2022, a decline of 3.3%[13] - The company reported a decrease in sales expenses to CNY 189,269,530.45 in Q1 2023 from CNY 257,866,512.36 in Q1 2022, a reduction of 26.6%[16] Return on Equity - The weighted average return on equity increased by 2.03 percentage points to 6.15%[4] - Basic earnings per share for Q1 2023 were CNY 0.5790, compared to CNY 0.4138 in Q1 2022, marking a rise of 39.9%[19]

Financial Performance - The company's operating revenue for 2022 was RMB 5,922,826,767.82, a decrease of 14.24% compared to RMB 6,905,959,247.09 in 2021[16]. - The net profit attributable to shareholders of the listed company was RMB 1,474,249,491.10, down 30.16% from RMB 2,110,817,033.95 in the previous year[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 1,195,962,844.03, a decline of 32.23% compared to RMB 1,764,841,531.24 in 2021[16]. - The net cash flow from operating activities was RMB 1,153,410,020.41, a decrease of 43.14% from RMB 2,028,551,706.54 in the previous year[16]. - As of the end of 2022, the total assets amounted to RMB 15,064,161,118.75, down 5.16% from RMB 15,884,499,316.23 at the end of 2021[17]. - The net assets attributable to shareholders of the listed company were RMB 11,514,700,248.63, a decrease of 7.60% from RMB 12,461,790,746.93 in the previous year[17]. - Basic earnings per share for 2022 was CNY 1.1650, a decrease of 30.16% compared to 2021[18]. - The weighted average return on equity decreased by 5.05 percentage points to 12.51% in 2022 compared to 2021[18]. - The company reported a net cash flow from operating activities of CNY -957,285,180.50 for 2022[21]. - The company achieved a main business revenue of 5.919 billion RMB, a decrease of 14.24% compared to the same period last year[47]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 18 per 10 shares, totaling RMB 227,788,850.00 based on a total share capital of 126,549,360 shares[3]. - The cash dividend payout ratio for the year was 154.51%[3]. - The cash dividend payout ratio for the year is 119.91%, with total cash dividends amounting to 2.28 billion RMB, which represents 154.51% of the net profit attributable to ordinary shareholders[141]. Market and Product Development - The company launched a series of new plant-based milk products to meet diverse consumer demands[26]. - The company implemented a unique marketing model combining deep distribution and C-end operations to adapt to market changes[27]. - The company increased its investment in online channels while maintaining traditional distribution methods[27]. - The company aims to enhance brand influence and expand consumer engagement through innovative product offerings and marketing approaches[30]. - The company has launched new products targeting specific consumer groups, including high-calcium and sugar-free walnut beverages[42]. - The company plans to expand its e-commerce channels and optimize product structure to meet diverse consumer needs[81]. Production and Capacity - The company has 34 production lines with a total capacity of approximately 1.48 million tons per year, supporting its main product offerings[36]. - The company has expanded its production capabilities through both self-built facilities and contracted processing, ensuring quality control across the supply chain[36]. - The company produced 583,000 tons of plant protein beverages and sold 583,600 tons during the reporting period[44]. - The production volume of walnut milk was 582,427.73 tons, a decrease of 16.06% year-on-year, while sales volume was 582,915.82 tons, down 15.91%[50]. Research and Development - The company has maintained a strong focus on R&D, although R&D expenses decreased by 6.64% due to a slowdown in market demand[45]. - The total R&D investment was 28,922,064.89 yuan, which is 0.49% of the operating income[57]. - The number of R&D personnel is 283, making up 14.86% of the total workforce[58]. - The company has a strong focus on research and development, particularly in the area of protein beverages, which is expected to drive future growth[115]. Governance and Compliance - The company held one shareholders' meeting during the reporting period, ensuring compliance with relevant regulations and allowing equal participation for all shareholders, especially minority shareholders[104]. - The board of directors convened four meetings in the reporting period, successfully completing the election of a new board in May 2022, with all procedures compliant with legal requirements[104]. - The supervisory board also held four meetings during the reporting period, with a successful election of new members in May 2022, ensuring compliance with legal and regulatory requirements[104]. - The company has improved its governance structure by revising its articles of association and enhancing internal control systems to promote stable development[105]. - The company actively engaged in investor relations, responding to inquiries through various channels, ensuring timely communication of company information to investors[105]. - The company maintained a good execution of insider information management, with no incidents of insider trading reported during the period[105]. Environmental Responsibility - The company has implemented energy-saving modifications in its production processes, including the recovery of waste heat from cooling water used in sterilization, contributing to lower energy consumption and carbon emissions[161]. - The company has committed to using clean energy sources, primarily electricity and steam, in its production processes to align with national "dual carbon" strategies[161]. - The company has established an emergency response plan for environmental incidents to minimize potential damage[152]. - The company has achieved wastewater discharge standards with COD at 113 mg/L and ammonia nitrogen at 7.19 mg/L, well below the limits of 500 mg/L and 35 mg/L respectively[149]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[154]. Strategic Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[113]. - Future guidance indicates a focus on enhancing operational efficiency and exploring strategic partnerships for market expansion[113]. - The company aims to leverage its existing brand strength to capture new market opportunities in the health beverage sector[113]. - The company is exploring potential mergers and acquisitions to further strengthen its market position and diversify its product portfolio[116]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 22,771, an increase from 21,404 in the previous month[199]. - The largest shareholder, Yao Kuizhang, holds 267,648,195 shares, representing 21.15% of the total shares[200]. - The second largest shareholder, Yazhishun Investment Co., holds 232,219,592 shares, accounting for 18.35%[200]. - The company has not reported any changes in share capital structure during the reporting period[198].

Financial Performance - Q3 2022 revenue was CNY 1,435,329,434.76, a decrease of 10.31% year-over-year, and year-to-date revenue was CNY 4,184,987,913.24, down 16.50% compared to the same period last year[4] - Net profit attributable to shareholders for Q3 2022 was CNY 313,882,360.29, a decline of 33.40% year-over-year, with year-to-date net profit at CNY 1,007,545,345.45, down 38.20%[4] - Basic earnings per share for Q3 2022 was CNY 0.2481, a decrease of 33.38%, while year-to-date basic earnings per share was CNY 0.7962, down 38.20%[5] - Total operating revenue for Q3 2022 was approximately ¥4.18 billion, a decrease of 16.5% compared to ¥5.01 billion in the same period of 2021[18] - Net profit for Q3 2022 was approximately ¥1.01 billion, a decline of 38.1% from ¥1.63 billion in Q3 2021[21] - Total profit for Q3 2022 was approximately ¥1.37 billion, a decrease of 33.5% compared to ¥2.05 billion in Q3 2021[20] - Comprehensive income for Q3 2022 was approximately ¥1.04 billion, compared to ¥1.63 billion in Q3 2021, indicating a decline of 36.3%[24] Cash Flow and Assets - The net cash flow from operating activities for the year-to-date period was CNY -584,198,815.04, reflecting a significant decrease in cash received from sales compared to the previous year[5] - Cash inflow from operating activities for the first three quarters of 2022 was approximately ¥3.34 billion, down 17.7% from ¥4.06 billion in the same period of 2021[25] - The ending cash and cash equivalents balance was 574,849,914.24, down from 786,104,760.93 in the previous year[27] - Total cash outflow from operating activities was 3,924,152,469.86, slightly decreased from 3,954,525,538.99 year-over-year[26] - The company's cash and cash equivalents increased to RMB 579.74 million from RMB 529.20 million, reflecting a growth of approximately 9.0%[14] - Total assets at the end of the reporting period were CNY 12,629,439,417.94, a decrease of 20.49% from the end of the previous year[5] - Current assets totaled RMB 8.70 billion, down from RMB 12.22 billion in the previous year, indicating a decrease of about 28.5%[14] - Total liabilities decreased to RMB 1.66 billion from RMB 3.42 billion, a reduction of about 51.5%[16] Shareholder Information - Shareholders' equity attributable to shareholders at the end of the reporting period was CNY 10,966,908,776.04, down 12.00% from the end of the previous year[5] - The total number of common shareholders at the end of the reporting period was 26,875[10] - The company's equity attributable to shareholders was RMB 10.97 billion, down from RMB 12.46 billion, showing a decline of approximately 12.1%[16] Expenses and Investments - Total operating costs for Q3 2022 were approximately ¥3.01 billion, down 8.7% from ¥3.30 billion in Q3 2021[18] - Research and development expenses for Q3 2022 were approximately ¥22.86 million, a slight decrease from ¥24.21 million in Q3 2021[18] - Other income for Q3 2022 was approximately ¥95.89 million, down from ¥111.82 million in Q3 2021[18] - The company paid 892,102,298.55 in taxes, an increase from 699,925,602.46 in the previous year[26] - The cash paid to employees was 173,487,089.43, compared to 170,147,512.60 in the previous year[26] Future Outlook - The decline in net profit was primarily attributed to a decrease in revenue, impacting both net profit and net profit excluding non-recurring items[9] - The company plans to focus on market expansion and new product development to drive future growth[17]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥2.75 billion, a decrease of 19.40% compared to the same period last year[15]. - The net profit attributable to shareholders for the first half of 2022 was approximately ¥693.66 million, down 40.16% year-on-year[15]. - The net profit after deducting non-recurring gains and losses was approximately ¥545.47 million, a decrease of 42.07% compared to the previous year[15]. - The net cash flow from operating activities was approximately ¥174.79 million, down 79.83% year-on-year[15]. - Basic earnings per share decreased by 40.16% to CNY 0.5481 compared to the same period last year[17]. - The weighted average return on equity dropped by 3.93 percentage points to 5.60% from 9.53% year-on-year[17]. - The company reported a significant decline in both revenue and profit, indicating potential challenges in market performance[15]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥13.41 billion, a decrease of 15.60% compared to the end of the previous year[16]. - The net assets attributable to shareholders at the end of the reporting period were approximately ¥10.61 billion, down 14.82% from the previous year[16]. - Total current assets decreased from ¥12,224,087,542.58 to ¥9,662,974,026.26, a decline of approximately 20.8%[101]. - Total liabilities decreased from ¥3,419,632,045.14 to ¥2,788,875,608.70, a reduction of approximately 18.5%[103]. - Total equity attributable to shareholders decreased from ¥12,461,848,932.67 to ¥10,614,741,844.88, a decline of about 14.8%[103]. Market and Product Development - The market for plant-based protein beverages is expanding, driven by increasing consumer health awareness and dietary changes[21]. - The company has launched new products, including the "Six Walnuts 2430" aimed at students and white-collar workers[29]. - The "Z Generation" consumer group is becoming a significant market force, emphasizing product experience and interaction[23]. - The company is focusing on product innovation and quality to meet the rising demand for healthier beverage options[22]. - The company aims to enhance market share in the plant milk sector, responding to diverse consumer needs across different regions[24]. - New product launches include sugar-free high-calcium walnut products and a plant-based yogurt series to meet diverse consumer needs[42]. Operational Efficiency - The company operates 34 production lines for plant protein beverages, with a total capacity of approximately 1.48 million tons per year, ensuring production aligns with market demand[33]. - The company has established a nationwide production and processing system with three self-owned production bases and three commissioned processing bases, enhancing logistics efficiency and product supply stability[38][39]. - The company has implemented a unique "5·3·28" production process and CET cold extraction technology, achieving over 97% utilization of walnut protein and fat, ensuring high product quality[36]. - The company has adopted a "sales-driven production" model, ensuring that production plans are closely aligned with market demand and sales targets[33]. Financial Management - The company has not proposed any profit distribution or capital reserve increase for the current period, indicating a focus on reinvestment[65]. - The company has a total of ¥4,050,000.00 in cash restricted as a guarantee and ¥770,000,000.00 in other non-current assets under acceptance pledge[50]. - The company reported an investment loss of CNY 43,614,786.67 from joint ventures and associates, compared to a gain of CNY 22,454,787.84 in the previous year[108]. - The company has not disclosed any major contracts or their performance during the reporting period[92]. Environmental Responsibility - The company is classified as a key pollutant discharge unit, with wastewater and noise being the main pollutants from its production processes[68]. - The company achieved wastewater discharge standards with COD at 105 mg/L and ammonia nitrogen at 7.5 mg/L, well below the limits of 500 mg/L and 35 mg/L respectively[69]. - The company has established an emergency response plan for environmental incidents, ensuring rapid response to minimize environmental damage[72]. - The company has implemented real-time monitoring of wastewater discharge and has not faced any administrative penalties for environmental issues during the reporting period[73]. Shareholder Information - The largest shareholder, Mr. Yao Kuizhang, holds 21.15% of the shares, with a total of 267,648,195 shares[95]. - The total number of ordinary shareholders at the end of the reporting period is 25,349[94]. - The company has committed to reducing and regulating related party transactions to protect shareholder rights[88]. Risks and Challenges - The company faces risks related to food safety, market competition, and changing consumer preferences, which could impact future performance[57][59][60]. - The ongoing COVID-19 pandemic has affected consumer demand, prompting the company to enhance promotional efforts and accelerate new product launches[61]. - The company is actively expanding its market presence and product offerings to mitigate risks associated with a narrow product range[58]. Governance and Compliance - The company has established a governance structure including a shareholders' meeting, board of directors, and supervisory board, along with various operational departments[136]. - The company has not received any penalties or corrective actions related to legal violations during the reporting period[90]. - There are no significant litigation or arbitration matters during the reporting period[90].