河北养元智汇饮品股份有限公司 独立董事 2024年度述职报告 本人作为河北养元智汇饮品股份有限公司(以下简称"公司")的独立 董事,在2024年度严格按照《公司法》《上市公司独立董事管理办法》《上 市公司治理准则》等法律法规、规范性文件以及《公司章程》的规定和要 求,履行独立董事的职责和义务,积极参加公司相关会议,并认真审议董 事会各项议案,充分发挥了独立董事及各专门委员会委员的作用,切实维 护全体股东和公司的利益。现将 2024年度履行独立董事职责情况汇报如下: 一、基本情况 江连洲,中国国籍,无境外永久居留权,1960年1月出生,博士研究生学 历。历任东北农业大学食品学院院长、国家大豆工程技术研究中心主任等职务, 现任东北农业大学首席教授、博士生导师。2022年5月起担任公司第六届董事 会独立董事。现为国际食品科学院(IAFoST)院士,国家大豆工程技术研究中心 首席科学家、全国大豆产业技术创新战略联盟理事长、中国大豆产业协会副会长、 国务院学科评议组成员、中国食品科学技术学会会士、中国发明协会会士等。 作为公司的独立董事,本人未在公司担任除独立董事以外的任何职务,也未 在公司主要股东单位担任任何职务,与 ...

河北养元智汇饮品股份有限公司 期货套期保值业务管理制度 第二条 公司进行期货套期保值业务只限于与生产经营相关的主要期货品 种，目的是借助期货市场的价格发现、风险对冲功能，利用套期保值工具规避市 场价格波动风险。 第三条 本制度同时适用于公司下属子公司。 第四条 公司从事期货套期保值业务，应遵循以下原则： 1.公司在期货市场，不得从事以非套期保值为目的的期货业务。 2.公司从事期货套期保值业务的品种，只限于与公司生产经营相关的产品或 原材料等。 3.公司进行套期保值的数量原则上不得超过实际现货交易的数量，期货持仓 量应不超过套期保值的现货量。 4.公司应当以自己的名义或者下属子公司名义设立套期保值交易账户，不得 使用他人账户进行套期保值业务。 第一章 总则 第一条 为规范河北养元智汇饮品股份有限公司（以下简称"公司"）期货 套期保值业务流程，防范交易风险，确保公司套期保值资金安全，根据《中华人 民共和国公司法》《中华人民共和国证券法》《上海证券交易所股票上市规则》 《上海证券交易所上市公司自律监管指引第 5 号—交易与关联交易》等有关法律 法规及《公司章程》等有关规定，结合公司具体实际，特制定本制度。 5.公司 ...

养元饮品：拟16亿元投资长江存储科技控股有限责任公司 智通财经4月25日电，养元饮品(603156.SH)公告，公司控制的芜湖闻名泉泓投资管理合伙企业（有限合 伙）拟以货币出资方式对长江存储科技控股有限责任公司增资16亿元。本次交易完成后，泉泓投资持有 长控集团0.99%的股份。本次投资符合公司的发展战略，能够推动公司探索股权投资的商业运营模式。 ...

证券代码：603156 证券简称：养元饮品 公告编号：2025-001 河北养元智汇饮品股份有限公司 关于股份回购实施结果暨股份变动的公告 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。 重要内容提示： | 回购方案首次披露日 | 2023/12/12 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 1 | 月 | 2 | 日~2024 | 年 | 12 | 月 | 31 | 日 | | 预计回购股份数量 | 500.00 | | | 万股（含）~1,000.00 | | | | 万股（含） | | | 回购价格上限 | 元/股 23.40 | | | | | | | | | | 回购用途 | √减少注册资本 □为维护公司价值及股东权益 | | | | | | | | | | 实际回购股数 | 万股 521.6034 | | | | | | | | | | 实际回购股数占总股本 ...

证券代码：603156 证券简称：养元饮品 公告编号：2024-039 河北养元智汇饮品股份有限公司 关于"提质增效重回报"行动方案的公告 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。 河北养元智汇饮品股份有限公司（以下简称"公司"）为深入贯彻党的二十 大和中央金融工作会议精神，积极响应国务院《关于加强监管防范风险推动资本 市场高质量发展的若干意见》和上海证券交易所《关于开展沪市公司"提质增效 重回报"专项行动的倡议》，基于对公司未来发展前景的信心及价值的认可，进 一步提高公司质量，维护投资者尤其是中小投资者合法权益，树立良好的资本市 场形象，制定了 2025 年度"提质增效重回报"行动方案。具体方案如下： 一、聚焦做强主业，提升核心竞争力 公司自 1997 年 9 月 24 日成立后，一直致力于主要以核桃仁为原料的植物蛋 白饮料的研发、生产和销售，开创核桃乳饮料品类。2006 年以来，公司进入快速 发展阶段，目前已成长为我国核桃乳产销量最大的企业。面对市场环境变化以及 消费者差异化、个性化的细分消费需求，公司坚持"稳存量· ...

25.00 元/股（含）调整为不超过人民币 23.40 元/股（含），回购价格调整起始日 为 2024 年 6 月 5 日。具体内容详见公司于 2024 年 5 月 30 日在上海证券交易所网 站（www.sse.com.cn）及指定媒体披露的《养元饮品关于实施 2023 年年度权益分 派后调整回购股份价格上限的公告》（公告编号：2024-023）。 证券代码：603156 证券简称：养元饮品 公告编号：2024-038 河北养元智汇饮品股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 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法律责任。 重要内容提示： | 回购方案首次披露日 | 2023/12/12 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 回购方案实施期限 | 2024 年 1 月 年 月 | 2 | 日~2024 | 12 | 31 | 日 | | 预计回购股份数量 | 万股（含）~1,000.00 500.00 | | | | 万股（含） ...

证券代码：603156 证券简称：养元饮品 公告编号：2024-037 河北养元智汇饮品股份有限公司 关于以集中竞价交易方式回购公司股份的进展公告 一、 回购股份的基本情况 河北养元智汇饮品股份有限公司（以下简称"公司"、"养元饮品"）于 2023 年 12 月 11 日召开第六届董事会第八次会议，于 2024 年 1 月 2 日召开 2024 年第 一次临时股东大会，均逐项审议通过了《关于以集中竞价交易方式回购公司股份 方案的议案》，同意公司使用自有资金以集中竞价交易方式回购公司股份，回购数 量不低于 500.00 万股（含）且不超过 1,000.00 万股（含），回购价格不超过人民 币 25.00 元/股（含），回购期限为自公司股东大会审议通过回购方案之日起不超 过十二个月，本次回购股份将全部依法予以注销并减少公司注册资本。具体内容 详见公司于 2024 年 1 月 5 日在上海证券交易所网站（www.sse.com.cn）及指定媒 体披露的《养元饮品关于以集中竞价交易方式回购公司股份的回购报告书》（公告 编号：2024-003）。 因实施 2023 年年度权益分派，公司本次回购股份价格上限由不超过人民币 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [2][9] Core Views - The company reported total revenue of 4.229 billion yuan for the first three quarters of 2024, representing a year-on-year increase of 7.81%, while the net profit attributable to the parent company was 1.229 billion yuan, a decrease of 4.69% year-on-year [2] - In Q3 2024, the company achieved total revenue of 1.287 billion yuan, a decline of 18.79% year-on-year, and a net profit of 199 million yuan, down 47.26% year-on-year [2][3] - The company is expanding its dealer network, with the number of dealers increasing to 2,512 by the end of Q3, a net increase of 387 from the previous quarter [3] Revenue and Profitability - For the first three quarters of 2024, the revenue from the distribution channel decreased by 9.79% to 3.965 billion yuan, while the direct sales channel saw an increase of 26.72% to 239 million yuan [3] - The gross profit margin for the first three quarters of 2024 was 46.53%, an increase of 1.22 percentage points year-on-year, while the net profit margin was 29.07%, up 0.96 percentage points year-on-year [3] - In Q3 2024, the gross profit margin was 45.49%, a slight decrease of 0.16 percentage points year-on-year, and the net profit margin was 15.49%, down 8.36 percentage points year-on-year [3] Financial Forecast - The company is expected to achieve net profits of 1.383 billion yuan, 1.509 billion yuan, and 1.702 billion yuan for the years 2024, 2025, and 2026, respectively, with growth rates of 5.74%, 9.06%, and 12.79% [2][3] - The price-to-earnings (P/E) ratios for 2024, 2025, and 2026 are projected to be 19, 18, and 16 times, respectively, based on the market capitalization of 26.7 billion yuan as of October 28 [2]

Investment Rating - The investment rating for the company is "Accumulate" (maintained) [1] Core Views - The company reported a total revenue of 4.23 billion yuan for the first three quarters of 2024, a year-on-year decrease of 7.81%, and a net profit attributable to shareholders of 1.23 billion yuan, down 4.7% year-on-year [2] - The revenue for Q3 2024 was 1.29 billion yuan, reflecting a significant year-on-year decline of 18.8%, with a net profit of 199 million yuan, down 47.3% year-on-year [2] - The main business revenue in Q3 2024 was 1.28 billion yuan, a year-on-year decrease of 19.3%, with the walnut milk product continuing its downward trend due to a weak consumption environment [2] - Functional beverages showed a growth of 25% to 30% year-on-year in Q3, with the company maintaining its annual growth expectation of 30% for this segment [2] - The gross profit margin remained stable at 45.5%, with a slight year-on-year decrease of 0.2 percentage points [2] Financial Performance Summary - The company's total revenue for 2022 was 5.923 billion yuan, with a year-on-year decrease of 14.24%. For 2023, the revenue was 6.162 billion yuan, showing a growth of 4.03%. The forecast for 2024 is 5.665 billion yuan, a decrease of 8.07% [1] - The net profit attributable to shareholders for 2022 was 1.474 billion yuan, down 30.16% year-on-year. For 2023, it was 1.467 billion yuan, a slight decrease of 0.46%. The forecast for 2024 is 1.444 billion yuan, a decrease of 1.60% [1] - The latest diluted EPS for 2023 was 1.16 yuan per share, with forecasts of 1.14 yuan for 2024, 1.24 yuan for 2025, and 1.37 yuan for 2026 [1] - The current P/E ratio is 19.23 for 2024, 17.67 for 2025, and 16.03 for 2026 [1] Investment Forecast - The net profit forecasts for 2024, 2025, and 2026 have been slightly adjusted to 1.44 billion yuan, 1.57 billion yuan, and 1.73 billion yuan respectively, reflecting a year-on-year change of -2%, +9%, and +10% [2]

Investment Rating - The report maintains a "Buy" investment rating for the company [1][2] Core Views - The company's profit fell short of expectations due to significant impacts from investment income, with overall consumer demand remaining weak [1] - Revenue growth for the first three quarters of 2024 was in line with expectations, but net profit decreased significantly [1] - The company is focusing on channel expansion for its walnut milk products and increasing the volume of functional beverages, despite short-term performance being affected by overall consumption weakness and investment income losses [1] Summary by Sections Financial Performance - For Q1-Q3 2024, total revenue was 12.87 billion yuan, down 18.79% year-on-year, and net profit attributable to shareholders was 1.99 billion yuan, down 47.26% [1] - The non-recurring net profit for Q1-Q3 was 9.67 billion yuan, a decrease of 9.32% year-on-year [1] - The gross margin for Q1-Q3 was 46.53%, an increase of 1.22 percentage points year-on-year, while the net margin was 29.06%, an increase of 0.95 percentage points year-on-year [1] Regional and Channel Performance - Revenue by region for Q3 2024 was as follows: East China 5.09 billion yuan (down 15.01%), Central China 2.98 billion yuan (down 20.69%), North China 2.59 billion yuan (down 29.67%), and Southwest 1.14 billion yuan (down 6.52%) [1] - Direct sales performance remained stable, while the distribution channel was significantly impacted, with revenue from distribution and direct sales in Q3 2024 being 12.32 billion yuan (down 19.93%) and 0.46 billion yuan (up 1.80%) respectively [1] Earnings Forecast - The company's EPS for 2024-2026 is adjusted to 1.00, 1.19, and 1.37 yuan respectively, with corresponding PE ratios of 21, 18, and 15 times [2] - The forecasted main revenue for 2024 is 5.536 billion yuan, reflecting a decline of 10.1% year-on-year, with a projected growth of 8.1% in 2025 and 9.4% in 2026 [4]