Group 1 - The company Tianwei Food announced on August 1 that as of July 31, 2025, it has repurchased approximately 1 million shares, accounting for 0.0939% of the total share capital, with a total expenditure of about 11.68 million yuan [2] - The highest repurchase price was 11.9 yuan per share, while the lowest was 11.47 yuan per share [2] - For the year 2024, the revenue composition of Tianwei Food is as follows: food accounts for 99.83%, while other businesses account for 0.17% [2]

Core Viewpoint - Tianwei Food (603317) announced on the evening of August 1 that it has not implemented a share buyback plan as of July 2025 [1] Group 1 - The company released an announcement regarding its share buyback status [1]

证券代码：603317 证券简称：天味食品 公告编号：2025-072 四川天味食品集团股份有限公司 关于股份回购进展公告 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： 号——回购股份》等相关规定，回购期间，公司应在每个月的前 3 个交易日内公 告截至上月末的回购进展情况。现将公司回购进展情况公告如下： 2025 年 7 月，公司未实施回购。截至 2025 年 7 月 31 日，公司已累计回购股 份数量 999,920 股，占公司目前总股本比例为 0.0939%，成交最高价为 11.9 元/股、 最低价为 11.47 元/股，已支付的总金额为 11,679,490.80 元（不含交易费用）。 本次回购股份符合相关法律法规的规定和回购股份方案的要求。 三、其他事项 公司将严格按照《上市公司股份回购规则》《上海证券交易所上市公司自律监 管指引第 7 号——回购股份》等相关规定，在回购期限内根据市场情况择机做出 回购决策并予以实施，同时根据回购股份事项进展情况及时履行信息披露义务， 敬请广大投资者注意投资风险。 特 ...

格隆汇8月1日丨天味食品(603317.SH)公布，截至2025年7月31日，公司已累计回购股份数量99.99万股， 占公司目前总股本比例为0.0939%，成交最高价为11.9元/股、最低价为11.47元/股，已支付的总金额为 1167.95万元（不含交易费用）。 ...

格隆汇8月1日丨天味食品(603317.SH)公布，截至2025年7月31日，公司已累计回购股份数量99.99万股， 占公司目前总股本比例为0.0939%，成交最高价为11.9元/股、最低价为11.47元/股，已支付的总金额为 1167.95万元（不含交易费用）。 ...

Core Viewpoint - Tianwei Food (603317) has experienced a decline in stock price and significant decreases in revenue and net profit in the latest financial report, indicating potential challenges ahead for the company [1]. Financial Performance - As of the first quarter of 2025, Tianwei Food reported total revenue of 642 million yuan, a year-on-year decrease of 24.80% [1]. - The net profit attributable to shareholders was 74.73 million yuan, down 57.53% year-on-year [1]. - The company's non-recurring net profit was 50.82 million yuan, reflecting a 65.41% decrease compared to the previous year [1]. - The liquidity ratios are strong, with a current ratio of 4.577 and a quick ratio of 4.399, while the debt-to-asset ratio stands at 14.92% [1]. Stock Market Activity - On July 31, 2025, Tianwei Food's stock closed at 11.29 yuan, down 2.25%, with a turnover rate of 0.56% and a trading volume of 60,100 lots, amounting to 68.23 million yuan [1]. - The net outflow of main funds was 10.31 million yuan, accounting for 15.11% of the trading volume, with significant outflows from large and super-large orders [1]. Company Background - Sichuan Tianwei Food Group Co., Ltd. was established in 2007 and is primarily engaged in the food manufacturing industry, located in Chengdu [2]. - The company has a registered capital of approximately 1.064 billion yuan and a paid-in capital of 116.25 million yuan [1][2]. - The legal representative of the company is Deng Wen [1]. Investment and Intellectual Property - Tianwei Food has made investments in five enterprises and participated in 54 bidding projects [2]. - The company holds 172 trademark registrations and 177 patents, along with 215 administrative licenses [2].

New Consumption Highlights - WonderLab launched a new probiotic chewing gum product, combining probiotics and postbiotics with mint and green coffee complex [2][3] - MANNER collaborated with Shanghai Pudong Art Museum to introduce a new iced Americano inspired by Van Gogh's artwork [5] - Mengniu introduced a new live bacteria yogurt ice cream, made with at least 65% fresh milk and 100% live bacteria fermentation, recently awarded a silver prize for health innovation [3][5] - PepsiCo announced a new prebiotic soda, marking the first new flavor addition in 20 years, available in original and cherry vanilla [3] - Sun Valley launched a new fried product series, including flavors like crayfish and honey onion chicken sticks [3] - Asahi Group began trial sales of a yeast-based non-dairy milk product, LIKE MILK, which is free from 28 common allergens [7] - Xueji Chaohuo partnered with Yili to launch a new yogurt product made with fresh milk from Yili's farms [7] - Fi xXBody introduced a new air-puffed rice snack available in sea salt and barbecue beef flavors, containing a mix of ten grains and seeds [7] - Lee Kum Kee launched a low-sodium soy sauce with 25% less salt content, suitable for dipping and cooking [7] Industry Events - GODIVA announced a collaboration with LABUBU to launch a new ice cream series featuring various chocolate flavors [10] - Northeast retail giant Biyoute partnered with RELEX Solutions for supply chain planning [10] - Nike announced Karina from Aespa as a new brand ambassador, emphasizing diversity and female representation [10] - Keen launched its first trail running shoe, Seek, after two years of development [10] - Italian sportswear brand Hydrogen is entering the Chinese market, set to launch in Spring/Summer 2026 [10][13] - Taiwanese matcha brand "Yuqian Shangcha" opened its first store in Shanghai, focusing on high-end matcha products [10] - PAGEONE bookstore opened its first store in Jiangsu, continuing its expansion in China [10] - Popeyes announced the opening of five new stores in Shanghai [10] - Baosheng became the general agent for DYNAFIT in China, enhancing its outdoor brand portfolio [10] Investment and Financing Trends - Yangtuo Technology Inc., a maternal and infant e-commerce platform, applied for an IPO on the Hong Kong Stock Exchange [16] - Little Sesame, a US hummus brand, completed an $8.5 million Series A financing round [16] - Theo Health, a Scottish smart sportswear company, raised £1.2 million in funding [16] - Tianwei Food's major shareholder transferred 21.2 million shares, representing 1.99% of the company's total shares [18] - XPeng Huitian completed a $250 million Series B financing round to accelerate the development of its flying car [20] - Korean makeup brand Jungsaemmool received investment from CLSA Capital Partners, amounting to 500 million KRW (approximately 26 million RMB) [20] - Ulta Beauty is set to acquire UK beauty retailer Space NK, with the deal exceeding £300 million (approximately 2.9 billion RMB) [20] - Chanel acquired a 20% stake in Italian leather manufacturer Nuova Impala, strengthening its investment in the Italian supply chain [22] Food Industry Developments - Nongfu Spring's parent company launched "Birch Tree Juice," a 100% natural juice product sourced from high-quality birch trees [23] - Emerging health brand Ozzi introduced a natural drink aimed at controlling evening appetite [23] - if launched a limited edition jasmine rice-flavored coconut water to celebrate the 50th anniversary of China-Thailand diplomatic relations [24] - Qiaqia partnered with Taier to launch a new flavor of sunflower seeds inspired by sour fish soup [24] - UK candy brand Ruly introduced a caffeine-infused candy series [24] - Shiyan Studio launched new spicy flavors of crispy corn chips [24] - Yili's subsidiary Xu Jinhui collaborated with Haier Brothers to launch a new ice cream product [25] - Ganyuan introduced a Sam's Club exclusive freeze-dried hazelnut product [25] - Asahi launched Japan's first yeast-based milk product, LIKE MILK, with a 38% reduction in fat content [25] - Buzhu launched a new mint-flavored electrolyte water [25] Beauty Industry Updates - Chinese makeup brand Ju Duo plans to launch its first nourishing foundation line [28] - Tatcha is entering the Spanish market through Sephora [28] - Amorepacific's Ryo brand released a new scalp essence product [28] - Louis Vuitton introduced a new signature handbag, Express, in its Fall/Winter 2025 collection [28] - Aveda opened its first concept flagship store in China, located in Shanghai [32] - JD Health launched its first offline medical beauty clinic in Beijing [32] - Jaeger-LeCoultre released a new dating series watch featuring intricate floral designs [32] - Tiffany & Co. opened its largest flagship store in Asia in Tokyo [32] - Zhenyan launched a multi-dimensional protein repair system for skincare [32] - Onitsuka Tiger announced the launch of a new perfume series, marking its entry into the beauty sector [32]

Group 1 - The controlling shareholder, Mr. Deng Wen, holds 627,303,020 shares, accounting for 58.90% of the total share capital of Sichuan Tianwei Food Group Co., Ltd. [1] - Mr. Deng and his concerted parties collectively hold 792,430,800 shares, representing 74.41% of the total share capital [1] - Mr. Deng plans to transfer up to 21,299,925 shares, which is 2% of the total share capital, through block trading to private equity funds [1][2] Group 2 - The actual transfer involved 21,200,000 shares, which is 1.99% of the total share capital, completed between July 21 and July 23, 2025 [2] - The transfer price ranged from 10.34 to 10.40 yuan per share, totaling 219,580,000 yuan [2] - After the transfer, Mr. Deng's remaining shares are 606,103,020, which is 56.91% of the total share capital [2] Group 3 - The internal transfer does not change the total number or percentage of shares held by the controlling shareholder and concerted parties, and it does not involve market reduction or trigger a takeover bid [1][2] - The transfer plan was disclosed on May 23, 2025, and has been fully implemented [2] - The transfer plan has concluded as the expected number of shares has been fully transferred [2]

四川天味食品集团股份有限公司 证券代码：603317 证券简称：天味食品 公告编号：2025-071 关于控股股东及其一致行动人之间内部转让股份 计划的结果公告 本公司董事会、全体董事及相关股东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： 控股股东持股的基本情况 截至本转让计划披露日，四川天味食品集团股份有限公司（以下简称"公司"） 控股股东邓文先生持有公司股份 627,303,020 股，占公司总股本的 58.90%；邓文 先生及其一致行动人合计持有公司股份 792,430,800 股，占公司总股本的 74.41%。 转让计划的实施结果情况 因个人资产规划需要，邓文先生拟通过大宗交易方式向盈富增信添利 19 号 私募证券投资基金（以下简称"添利 19 号基金"）、盈富增信添利 19 号 1 期私 募证券投资基金（以下简称"添利 19 号 1 期基金"）合计转让不超过 21,299,925 股，占公司总股本的 2%。 邓文先生于 2025 年 7 月 21 日至 7 月 23 日通过大宗交易方式向添利 19 号基 金、添利 19 ...

Investment Rating - The report maintains a "Recommended" rating for the food and beverage industry, particularly highlighting opportunities in the liquor sector and food products [1] Core Insights - The liquor industry is undergoing extreme pressure testing, with a significant focus on inventory clearance and bottoming out of financial reports. The second quarter has shown weak demand due to seasonal factors and regulatory impacts, leading to a notable decline in sales and pricing pressures [5][10] - High-end liquor brands like Moutai are expected to maintain growth, while mid-tier brands face challenges with declining revenues and profits. The overall industry is in a deep clearance phase, with potential for recovery as regulations stabilize [5][12] - The consumer goods sector shows mixed performance, with snacks and beverages remaining strong, while other segments like frozen foods and chain restaurants face ongoing demand pressures [20][25] Summary by Sections 1. Liquor Sector - The liquor industry is experiencing extreme pressure, with weak demand in the second quarter and significant inventory levels. Major brands like Moutai and Wuliangye are expected to show modest growth, while others like Yanghe and Luzhou Laojiao are facing declines [5][11][12] - Moutai's revenue is projected to grow by 7% in Q2, while Wuliangye is expected to see a 1% increase. In contrast, brands like Yanghe and Luzhou Laojiao are forecasted to decline by 35% and 8% respectively [11][12] 2. Consumer Goods - The overall demand for consumer goods remains weak, but segments like snacks and beverages are performing well. For instance, East Peak is expected to see a 33% increase in revenue, while other snack brands are also showing positive trends [20][25] - The beverage sector is projected to see positive growth, with major brands like Qingdao Beer and Yanjing expected to report increases in revenue and profit [25][26] 3. Investment Recommendations - The report suggests focusing on high-performing stocks in the short term while considering long-term investments in liquor brands that are currently at their bottom. Brands like Moutai and Gujing are recommended for their lower risk profiles [7][8] - For consumer goods, companies like Anqi and East Peak are highlighted for their growth potential, while traditional dairy brands like Yili and Mengniu are suggested for a bundled investment approach [7][8]