证券代码：603288 证券简称：海天味业 公告编号：2025-042 佛山市海天调味食品股份有限公司 2025年第一次临时股东大会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 9 月 25 日 (二)股东大会召开的地点：广东省佛山市禅城区文沙路 21 号之一 4 楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 2,559 | | --- | --- | | 股股东人数 其中：A | 2,555 | | 境外上市外资股股东人数（H 股） | 4 | | 2、出席会议的股东所持有表决权的股份总数（股） | 4,319,221,165 | | 其中：A 股股东持有股份总数 | 4,124,682,852 | | 股） 境外上市外资股股东持有股份总数（H | 194,538,313 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 ...

蔬天公誠律師事務所 JINGTIAN & GONGCHENG 北京市朝阳区建国路 77 号华贸中心 3 号写字楼 34 层 邮编：100025 34/F. Tower 3. China Central Place. 77 Jianguo Road. Beijing 100025. China T: (86-10) 5809 1000 F: (86-10) 5809 1100 关于佛山市海天调味食品股份有限公司 2025 年第一次临时股东大会之法律意见书 佛山市海天调味食品股份有限公司: 本所受贵公司的委托,担任贵公司 2025年第一次临时股东大会(以下称本 次股东大会)专项法律顾问,根据《中华人民共和国公司法》(以下称《公司法》)、 《中华人民共和国证券法》(以下称《证券法》)、《上市公司股东会规则》(以 下称《股东会规则》）及其他有关法律、行政法规之规定,对贵公司本次股东大 会进行见证,并出具本法律意见书。 为了出具本法律意见书,本所律师列席了贵公司本次股东大会并审查了贵公 司提供的本次股东大会有关文件的原件或影印件,包括(但不限于)召开贵公司 本次股东大会的通知以及本次股东大会的各项议程等文件,同时听取了 ...

证券代码：603288 证券简称：海天味业 公告编号：2025-045 （二）审议通过《关于选举公司董事会战略与可持续发展委员会委员的议 案》 鉴于文志州先生于 2025 年 9 月 25 日辞去公司董事职务，其担任公司董事会 战略与可持续发展委员会委员的职务相应自动终止。同日，经公司职工代表大会 选举，文志州先生当选为公司职工代表董事。 佛山市海天调味食品股份有限公司 第六届董事会第九次会议决议公告 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法律责任。 一、董事会会议召开情况 佛山市海天调味食品股份有限公司（以下称"公司"或"海天味业"）第六 届董事会第九次会议通知于 2025 年 9 月 25 日以专人送达或电子邮件方式发出， 会议于 2025 年 9 月 25 日在佛山市禅城区文沙路 21 号之一公司会议室以现场结 合通讯的方式召开，全体董事一致同意豁免本次董事会会议提前发出会议通知的 要求。本次会议应出席董事 9 人，实际出席 9 人，董事会秘书列席会议。本次会 议由公司董事长程雪女士召集和主持。本次会议的召集、召开和会议程 ...

证券之星消息，9月25日调味发酵品板块较上一交易日下跌0.51%，朱老六领跌。当日上证指数报收于 3853.3，下跌0.01%。深证成指报收于13445.9，上涨0.67%。调味发酵品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 600298 | 安脂酵母 | 39.60 | 0.74% | 7.34万 | | 2.90亿 | | 600186 | 连化控股 | 5.86 | -0.17% | 29.61万 | | 1.74亿 | | 603755 | 日辰股份 | 31.50 | -0.22% | ● 1.58万 | | 4997.14万 | | 600305 | 恒顺醋业 | 7.84 | -0.51% | 6.66万 | | 5238.63万 | | 603288 | 海天味业 | 38.60 | -0.52% | 12.46万 | | 4.82亿 | | 300908 | 仲景食品 | 29.47 | -0.71% | 8930.47 | | 26 ...

消息面上，据报道，9月25日，2025年全国国庆文化和旅游消费月主场活动在四川省成都市举办，正式 启动国庆文旅消费月，于9月下旬至10月下旬开展系列文旅消费活动，激发假日消费活力，满足人民美 好生活需要。 9月19日，2025年海口国庆中秋双节促消费活动新闻发布会举办。据悉，海口市将发放1000万元的旅游 消费券，单人"机票+酒店"最高可省1800元。 9月15日，酒鬼酒在投资者关系活动记录表中称，公司与胖东来合作的联名产品"酒鬼·自由爱"上市以来 获得了消费者的广泛认可，目前该产品正按照合作计划进行发货。 据21世纪经济报道9月12日报道，正当市场和行业关注旺季白酒消费能否如期回暖时，茅台再次向外界 释放积极信号。"从此次对三地市场调研情况和各方反馈数据来看，随着传统双节临近，8月环比6、7月 份，市场终端动销有所回暖，8月底以来至今终端动销环比增长显著，市场态势有望进一步向好。"这是 茅台管理层过去两周在全国多地调研后得出的判断。 国海证券表示，政策密集出台，有望扭转宏观经济预期并促进食品饮料板块估值和业绩双提升，目前板 块估值仍然较低，基于此我们维持食品饮料行业"推荐"评级。 9月25日，食品饮料ETF ...

Core Viewpoint - The seasoning and fermentation products sector experienced a decline of 1.19% on September 24, with XD Haitian leading the drop [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] - The main funds in the seasoning and fermentation products sector saw a net outflow of 94.34 million yuan, while retail investors had a net inflow of 122 million yuan [2] Group 2: Individual Stock Performance - The top-performing stocks in the sector included: - Richen Co., Ltd. (603755) with a closing price of 31.57, up 2.87% and a trading volume of 26,100 lots [1] - Baoli Food (603170) closed at 14.48, up 2.40% with a trading volume of 39,000 lots [1] - Jialong Co., Ltd. (002495) closed at 2.61, up 1.16% with a trading volume of 182,200 lots [1] - XD Haitian (603288) closed at 38.80, down 0.61% with a trading volume of 136,900 lots [2] - Other notable stocks included: - Anji Food (603696) closed at 11.92, up 0.25% with a trading volume of 66,300 lots [2] - Zhongjing Food (300908) closed at 29.68, up 0.44% with a trading volume of 13,600 lots [2]

Core Viewpoint - The A-share market appears bullish on the surface, but underlying currents indicate significant divergence among investment styles and logic, leading to a "purging" of weaker stocks [1] Group 1: Market Dynamics - There is an unprecedented level of divergence between sectors, with high-valued tech stocks remaining strong while blue-chip and white-horse stocks decline sharply [1] - Approximately 70% of individual stocks are either stagnant or declining, highlighting a symbolic distinction between "old stocks" and "new stocks" [1] Group 2: Performance of Key Stocks - "Old stocks" such as liquor, real estate, coal, electricity, banks, and insurance are underperforming, while "new stocks" in AI, computing power, semiconductors, and robotics are thriving [3] - For instance, stocks like Midea Group and Kweichow Moutai have seen minimal gains or losses, while companies like Shenghong Technology and Dongxin Co. have experienced significant increases of 696.45% and 407.03%, respectively [3] Group 3: Industry Challenges - The liquor industry is facing a downturn, with a 0.9% decline in revenue to 239.7 billion yuan in the first half of the year, and a 5% drop in the second quarter due to a "ban on alcohol" [6][7] - Only 6 out of 23 listed liquor companies reported positive revenue and net profit growth, indicating a severe contraction in the sector [6] Group 4: Investment Trends - Investors are increasingly shifting focus from traditional sectors to technology, with notable figures like Lin Yuan publicly acknowledging investments in AI and semiconductor companies [8][9] - The current bull market is characterized by a lack of fundamentals, with capital flows driven more by narrative and "mind monopoly" rather than earnings per share (EPS) [9] Group 5: Future Outlook - The AI and semiconductor sectors are seen as having the potential for strong customer loyalty and ecological monopolies, similar to established brands in the liquor industry [12] - However, there are concerns about the sustainability of current valuations, as many companies in these sectors may not survive the inevitable market corrections [16]

Core Viewpoint - The article discusses the significant divergence in stock market performance between traditional "old stocks" (represented by sectors like liquor, real estate, and coal) and "new stocks" (focused on technology sectors such as AI and semiconductors) in 2023, highlighting a shift in investor sentiment and market dynamics [2][9]. Group 1: Market Performance Overview - As of September 23, 2023, the Shanghai Composite Index has risen by 14.02%, with technology sectors like SW Communication and SW Electronics showing remarkable gains of 103% and 93% respectively, while traditional sectors like SW Coal and SW Food & Beverage have declined by 1.82% and 0.78% [2][3]. - The article notes that many traditional blue-chip stocks have underperformed, with 16 out of 21 stocks in the SW liquor sector experiencing price declines this year, including a 3.16% drop in Kweichow Moutai [5][6]. Group 2: Individual Stock Performance - Notable "new stocks" include Cambricon Technologies (688256.SH), which has seen a price increase of 105.22%, and other companies in the AI sector like NewEase (300502.SZ) and Zhongji Xuchuang (300308.SZ), with annual gains of 329% and 253% respectively [4][6]. - In contrast, several "old stocks" such as Haitian Flavoring (603288.SH) and Gree Electric (000651.SZ) have reported declines of 12.68% and 6.96% respectively, despite some of these companies showing double-digit profit growth in the first half of the year [5][6]. Group 3: Investment Philosophy and Market Sentiment - The article highlights a growing divide between "old stock" investors, who favor value investing based on stable cash flows and dividends, and "new stock" investors, who are more focused on growth potential in technology sectors [9][10]. - The current market sentiment is characterized by a trend-driven investment approach, with younger investors and quantitative funds favoring short-term trends, leading to extreme sector divergence [10].

Group 1: Target Price Increases - The companies with the highest target price increases as of September 22 include Gaweida (300465) with a target price increase of 98.76%, SAIC Motor (600104) with 37.72%, and Haitian Flavoring (603288) with 27.18% [2][3] Group 2: Rating Changes - On September 22, the rating for TBEA (600089) was upgraded from "Hold" to "Strong Buy" by China Merchants Securities [5][6] - Conversely, the rating for JMC (000550) was downgraded from "Buy" to "Hold" by Industrial Securities [7][8] Group 3: Initial Coverage - On September 22, nine companies received initial coverage, including JMC (000550) rated "Hold" by Industrial Securities, Ximai Food (002956) rated "Hold" by Shanxi Securities, and Gaweida (300465) rated "Buy" by Dongwu Securities [8]

Core Viewpoint - The market is experiencing a significant divergence between traditional "old stocks" (represented by sectors like liquor, real estate, and coal) and "new stocks" (focused on technology sectors such as AI and semiconductors), with the latter showing substantial gains while the former declines [1][3][8]. Group 1: Market Performance - As of September 23, the Shanghai Composite Index has risen by 14.02% year-to-date, with technology sectors like SW Communication and SW Electronics seeing gains of 103% and 93% respectively, while traditional sectors like SW Coal and SW Food & Beverage have declined by 1.82% and 0.78% [1][2]. - The performance of individual stocks reflects this trend, with tech stocks like Cambrian (688256.SH) doubling in price, while major liquor stocks like Kweichow Moutai (600519.SH) have seen a decline of 3.16% [3][5]. Group 2: Sector Analysis - The "new stocks" or "small stocks" have shown remarkable growth, with companies like Xinji Technology (300502.SZ) and Zhongji Xuchuang (300308.SZ) experiencing year-to-date increases of 329% and 253% respectively, driven by the AI computing wave [3][5]. - In contrast, the "old stocks" have struggled, with 16 out of 21 major liquor stocks experiencing declines, and several blue-chip stocks like Haitian Flavoring (603288.SH) and Gree Electric (000651.SZ) also showing negative performance [4][5]. Group 3: Investment Perspectives - The divide between "old stocks" and "new stocks" has sparked debates within the investment community, with traditional investors advocating for value investing based on cash flow and safety margins, while tech investors focus on growth potential and disruptive technologies [6][7]. - Current market dynamics suggest that the tech sector is seen as a trend-driven investment, supported by policies favoring AI and computing power, while traditional value investment strategies are becoming less effective, leading to extreme sector divergence [8].