浙江五芳斋实业股份有限公司 浙江五芳斋实业股份有限公司 第十届董事会独立董事专门会议第一次会议决议 浙江五芳斋实业股份有限公司（以下简称"公司"）第十届董事会独立董事专 门会议第一次会议于 2026 年 2 月 2 日（星期一）以通讯方式召开。会议通知已 于 2026 年 1 月 28 日以邮件方式送达各位独立董事。本次会议应出席独立董事 3 人，实际出席独立董事 3 人。 会议由独立董事潘煜双主持。会议召开符合有关法律法规、规章和《公司章 程》的规定。经各位独立董事认真审议，会议形成了如下决议： 一、审议通过《关于公司 2026 年度日常关联交易预计的议案》 本议案需提交股东会审议。 （以下无正文） 独立董事：潘煜双、吴勇敏、王淼 2026 年 2 月 2 日 独立董事认为：公司 2026 年度预计发生的日常关联交易属于公司正常经营 活动所需，交易定价遵循了公平、公正、公开的原则，参考市场公允价格或双方 协商确定，不存在利用关联关系损害公司及全体股东特别是中小股东利益的情形。 同意将该议案提交公司第十届董事会第三次会议审议，关联董事需回避表决。 表决结果：3 票同意，0 票反对，0 票弃权。 ...

Group 1 - The company, Wufangzhai, announced the use of 150 million yuan of idle raised funds to purchase a 91-day principal-protected floating income structured deposit from Minsheng Bank [2] - As of the announcement date, the remaining balance of 150 million yuan has not yet matured, which accounts for 47.66% of the company's most recent monetary funds [2]

Investment Rating - The report indicates a positive investment outlook for the convenience food industry, projecting significant growth and opportunities in the coming years [12]. Core Insights - The convenience food market in China is expected to grow from CNY 673.6 billion in 2023 to over CNY 1 trillion by 2026, with a compound annual growth rate (CAGR) of approximately 17.5% from 2024 to 2026 [12]. - The industry is driven by evolving consumer demands, faster lifestyles, and continuous product innovation, indicating a robust future growth trajectory [12]. - Regulatory trends are shifting towards health-oriented standards, promoting low-fat and low-salt products, which aligns with consumer health consciousness [14]. Summary by Sections Industry Macro Market Research - The convenience food industry is defined as food products that are pre-prepared for easy consumption, catering to the fast-paced lifestyle of consumers [10]. - The market size has shown consistent growth, with a notable increase from CNY 3,948 billion in 2016 to CNY 6,736 billion in 2023, and is projected to reach CNY 10,749 billion by 2026 [12][13]. - The growth rate has fluctuated, with a significant increase expected in the coming years, reaching 17.5% in 2024 and 17.6% in 2025 [12]. Online Industry Trend Overview - As of September 2025, Douyin has surpassed Taobao in sales volume for convenience foods, achieving a sales figure of CNY 264.2 billion across both platforms [19]. - Douyin's sales strategy focuses on low prices and high sales volume, leading to a significant market share increase [19]. - The report highlights a shift in consumer purchasing behavior, with Douyin's emerging brands showing strong growth compared to traditional brands on Taobao [30]. Brand Analysis - The report identifies key brands in the convenience food sector, noting that while traditional brands like Bai Xiang and Kang Shi Fu dominate in sales, newer brands on Douyin are experiencing rapid growth [30]. - The concentration of top brands is higher on Douyin, indicating a more competitive landscape where new entrants can thrive [30]. - Specific product categories such as instant noodles and rice dishes are experiencing varied growth rates, with some traditional categories facing declines while others, like plant-based options, are gaining traction [22][25]. Consumer Behavior Insights - Approximately 40% of consumers reported increased spending on convenience foods in 2024, with diverse consumption scenarios emerging, including outdoor activities [16]. - The report emphasizes the need for brands to innovate in product convenience and adaptability to meet the evolving consumer preferences [16]. - The convenience food market is characterized by seasonal trends, with certain products like zongzi seeing spikes in sales during specific festivals [32].

证券代码：603237 证券简称：五芳斋 公告编号：2026-001 浙江五芳斋实业股份有限公司 关于使用闲置募集资金进行现金管理的公告 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： 已履行及拟履行的审议程序：浙江五芳斋实业股份有限公司（以下简 称"公司"）于 2025 年 4 月 15 日召开了第九届董事会第十九次会议和第九届监 事会第十四次会议，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》，同意公司在确保不影响募集资金投资项目正常进行的前提下，使 用额度不超过人民币 20,000.00 万元的部分闲置募集资金进行现金管理，有效 期为自公司董事会审议通过之日起 12 个月内有效。在上述额度及决议有效期 内，可循环滚动使用，期限内任一时点的交易金额（含前述投资的收益进行 再投资的相关金额）不超过上述额度。公司董事会授权公司董事长或董事长 授权人士在额度范围内行使该项投资决策权并签署相关合同文件，具体事项 由公司资金管理部负责组织实施。 特别风险提示：公司购买的为安全性高有保本约定的现金管理类产品 ...

Core Viewpoint - The historic Yunnan Road Food Street in Shanghai is undergoing redevelopment, prompting the relocation of several well-known traditional restaurants to a transitional area on Nanjing East Road, with plans for a future upgraded dining district focused on traditional cuisine [1][2] Group 1: Relocation and Transition - Several old brand restaurants, including Xiaoshao Xing, Xian Delai, and Da Hu Chun, will temporarily move to Nanjing East Road for continued operations during the redevelopment [1] - Da Hu Chun reported a successful trial operation on Shanxi South Road, with daily revenues reaching 50,000 yuan during peak periods and 30,000 yuan on average [1] Group 2: Future Plans and Developments - The Huangpu District plans to create an upgraded food street that will feature a concentration of traditional dining brands and local snacks after the redevelopment of the Yunnan South Road area [2] - The transition sites on Shanxi South Road and Fujian Middle Road are set to open by February 10, with a new "Old Brand Snack Street" being established to attract tourists [2]

Group 1 - The 38th Tangyuan Festival and the 80th anniversary celebration of Wufangzhai were held in Wuhan, showcasing traditional local culture [1] - Attendees experienced interactive activities, including free tastings of layered Tangyuan, enhancing community engagement [1] - The event featured traditional performers, such as "carrying pole" vendors, who sang and distributed Tangyuan to the public [1][6] Group 2 - The celebration included activities for children, such as learning how to make Tangyuan, promoting cultural heritage [4] - Staff members distributed celebratory cakes to attendees, further enhancing the festive atmosphere [3]

Core Viewpoint - The 38th Tangyuan Festival and the 80th anniversary celebration of Wufangzhai were held in Wuhan, showcasing traditional culture and engaging the local community through interactive activities and performances [2]. Group 1: Event Highlights - The festival featured "carrying pole" performers singing "Selling Tangyuan," allowing citizens to interact and enjoy free samples of layered Tangyuan [2]. - Traditional performances, such as Hubei drum shows, attracted many spectators, enhancing the festive atmosphere [2]. - Children participated in learning how to make Tangyuan, promoting cultural heritage and community involvement [10][12]. Group 2: Community Engagement - The event encouraged community interaction, with citizens able to take photos with performers and enjoy traditional food [6][8]. - The distribution of celebration cakes by staff further engaged the public, creating a festive environment [4].

Group 1 - The core viewpoint of the news is that Wufangzhai's stock price has increased by 1.09% to 16.72 CNY per share, with a total market capitalization of 3.295 billion CNY as of December 31 [1] - Wufangzhai, established on April 27, 1998, and listed on August 31, 2022, specializes in the research, production, and sales of glutinous rice-based food products [1] - The main revenue composition of Wufangzhai includes 81.88% from zongzi (sticky rice dumplings), 11.56% from egg products, pastries, and others, 4.36% from meal series, and 2.20% from other supplementary products [1] Group 2 - Among the top ten circulating shareholders of Wufangzhai, Dazhong Fund holds a position with its Dazhong Strategy Return Mixed A fund (090007) maintaining 1.2532 million shares, unchanged from the previous period, representing 0.64% of circulating shares [2] - The Dazhong Strategy Return Mixed A fund has a total scale of 3.832 billion CNY and has achieved a year-to-date return of 11.55%, ranking 5571 out of 8085 in its category [2] - The fund has a one-year return of 10.21%, ranking 5642 out of 8085, and a cumulative return of 853.55% since its inception [2]

Group 1 - The company, Wufangzhai, has established an office in Fujian, indicating its commitment to expanding its presence in the region [2] - The company's operations encompass various business channels, including distributors, supermarkets, and e-commerce platforms [2]

Group 1 - The core viewpoint of the article emphasizes the company's commitment to shareholder interests and its strategic move towards H-share issuance to enhance internationalization and overseas business layout [1] - The company aims to improve its international brand image and create a diversified capital operation platform to strengthen its overseas financing capabilities, contributing to high-quality development [1] - The company has focused on steady growth in its main business while actively seeking to develop a second growth curve and expand into international markets [1] Group 2 - The company has implemented a shareholder-oriented distribution policy, with cumulative cash dividends reaching 350 million yuan and total repurchase amounting to 157 million yuan over the past three years [1] - The combined total of dividends and repurchases amounts to 504 million yuan, reflecting the company's commitment to maintaining the fundamental rights and interests of all investors [1]