天味食品公告，2025年上半年营业收入13.91亿元，同比下降5.24%。净利润1.9亿元，同比下降 23.01%。 ...

Core Insights - The company's main business revenue for the first half of 2025 is 1.381 billion yuan, a year-on-year decrease of 5.76% [1] Revenue Breakdown - Offline channel revenue is 974 million yuan, down 19.60% year-on-year [1] - Online channel revenue is 407 million yuan, up 60.11% year-on-year [1] Product Category Performance - Hot pot seasoning revenue is 428 million yuan, a year-on-year decrease of 12.85% [1] - Recipe-based seasoning revenue is 896 million yuan, a year-on-year increase of 1.06% [1] - Sausage and cured meat seasoning revenue is 13.62 million yuan, down 59.31% year-on-year [1] Regional Performance - Revenue from the eastern region is 380 million yuan, a year-on-year increase of 29.35% [1] Distributor Network - The number of distributors at the end of the reporting period is 3,251, an increase of 234 compared to the beginning of the period [1]

证券代码：603317 证券简称：天味食品 公告编号：2025-076 四川天味食品集团股份有限公司 关于使用部分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： 基本情况 | 投资金额 | 亿元 3 | | --- | --- | | 投资种类 | 结构性存款 | | 资金来源 | 募集资金 | 已履行的审议程序 四川天味食品集团股份有限公司（以下简称"公司"）于 2025 年 3 月 4 日召 开第五届董事会第三十九次会议和第五届监事会第三十八次会议，并于 2025 年 3 月 20 日召开 2025 年第一次临时股东大会，会议审议通过《关于使用暂时闲置 募集资金进行现金管理的议案》，同意使用不超过 13 亿元（含）暂时闲置募集资 金进行现金管理，该额度可在 2025 年第一次临时股东大会审议通过之日起 12 个 月内滚动使用。具体内容详见 2025 年 3 月 5 日刊载于《中国证券报》《上海证券 报》《证券时报》《证券日报》及上海证券交易所网站（www.sse.com.cn ...

关于使用部分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： 已履行的审议程序 基本情况 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： 2025-076 | 投资金额 | 3 亿元 | | --- | --- | | 投资种类 | 结构性存款 | | 资金来源 | 募集资金 | 四川天味食品集团股份有限公司（以下简称"公司"）于 2025 年 3 月 4 日召 开第五届董事会第三十九次会议和第五届监事会第三十八次会议，并于 2025 年 3 月 20 日召开 2025 年第一次临时股东大会，会议审议通过《关于使用暂时闲置 募集资金进行现金管理的议案》，同意使用不超过 13 亿元（含）暂时闲置募集资 金进行现金管理，该额度可在 2025 年第一次临时股东大会审议通过之日起 12 个月内滚动使用。具体内容详见 2025 年 3 月 5 日刊载于《中国证券报》《上海证 券报》《证券时报》《证券日报》及上海证券交易所网站（www.sse.com.cn ...

Market Overview - The seasoning and fermentation sector increased by 0.17% on August 26, with ST Jiajia leading the gains [1] - The Shanghai Composite Index closed at 3868.38, down 0.39%, while the Shenzhen Component Index closed at 12473.17, up 0.26% [1] Stock Performance - ST Jiajia (002650) closed at 6.86, up 5.05% with a trading volume of 107,000 shares and a turnover of 72.48 million yuan [1] - Hengshun Vinegar Industry (600305) closed at 8.45, up 2.67% with a trading volume of 441,500 shares and a turnover of 376 million yuan [1] - Qianhe Flavor Industry (603027) closed at 13.03, up 1.48% with a trading volume of 277,800 shares and a turnover of 364 million yuan [1] - Other notable stocks include: - Jialong Co., Ltd. (002495) at 2.80, up 1.08% [1] - Zhongjing Food (300908) at 32.65, up 0.49% [1] - Haidilao (603288) at 41.07, down 0.07% [1] Capital Flow - The seasoning and fermentation sector experienced a net outflow of 50.60 million yuan from institutional investors and 36.69 million yuan from retail investors, while individual investors saw a net inflow of 87.30 million yuan [2] - The capital flow for individual stocks shows: - Haidilao (603288) had a net inflow of 12.83 million yuan from institutional investors [3] - Qianhe Flavor Industry (603027) had a net inflow of 10.38 million yuan from institutional investors [3] - Hengshun Vinegar Industry (600305) had a net inflow of 9.70 million yuan from institutional investors [3]

证券代码：603317 证券简称：天味食品 公告编号：2025-074 四川天味食品集团股份有限公司 关于使用部分闲置募集资金进行现金管理到期赎回的公告 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： |  基本情况 | | | --- | --- | | 产品名称 | （四川）对公结构性存款 202505162 | | 受托方名称 | 中国银行股份有限公司双流分行 | | 购买金额 | 15,300 万元 | | 产品期限 | 天 150 | | 特别风险提示（如有请勾选） | 其他：不适用 | | 产品名称 | （四川）对公结构性存款 202505163 | | --- | --- | | 受托方名称 | 中国银行股份有限公司双流分行 | | 购买金额 | 14,700 万元 | | 产品期限 | 天 152 | | 特别风险提示（如有请勾选） | 其他：不适用 | 风险提示 本次公司投资理财产品为低风险投资产品，但金融市场受宏观经济、财政及 货币政策的影响较大，不排除该项投资可能受到市场波动的影响。 一 ...

关于召开 2025 年半年度业绩说明会的公告 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： 会议召开时间：2025 年 9 月 2 日（星期二）10:00-11:00 证券代码：603317 证券简称：天味食品 公告编号：2025-075 四川天味食品集团股份有限公司 会议召开地点：上海证券交易所上证路演中心（网址：https://roadshow.ss einfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 8 月 26 日（星期二）至 9 月 1 日（星期一）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 dsh@teway.cn 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。 四川天味食品集团股份有限公司（以下简称"公司"）将于 2025 年 8 月 28 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 9 月 2 日 10:00-11:00 ...

Market Performance - The seasoning and fermentation sector increased by 2.68% on August 25, with Zhu Laoliu leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Individual Stock Performance - Zhu Laoliu (831726) closed at 22.49, up 5.09% with a trading volume of 63,800 shares and a turnover of 141 million yuan [1] - ST Jiajia (002650) closed at 6.53, up 4.98% with a trading volume of 146,000 shares [1] - Qianhe Flavor (603027) closed at 12.84, up 4.39% with a trading volume of 313,600 shares [1] - Richen Co. (603755) closed at 29.22, up 4.36% with a trading volume of 27,000 shares [1] - Zhongju Gaoxin (600872) closed at 19.78, up 3.29% with a trading volume of 383,400 shares and a turnover of 749 million yuan [1] - Haitian Flavor (603288) closed at 41.10, up 3.14% with a trading volume of 325,800 shares and a turnover of 1.327 billion yuan [1] - Anji Food (603696) closed at 12.13, up 2.88% with a trading volume of 241,500 shares [1] - Zhongjing Food (300908) closed at 32.49, up 2.52% with a trading volume of 46,700 shares and a turnover of 150 million yuan [1] - Tianwei Food (603317) closed at 12.42, up 1.64% with a trading volume of 107,000 shares [1] - Lianhua Holdings (600186) closed at 6.55, up 1.39% with a trading volume of 941,000 shares and a turnover of 616 million yuan [1] Capital Flow - The seasoning and fermentation sector saw a net inflow of 168 million yuan from institutional investors, while retail investors experienced a net outflow of 80.42 million yuan [1] - The capital flow for individual stocks shows that Haitian Flavor (603288) had a net inflow of 90.41 million yuan from institutional investors, while it faced a net outflow of 53.84 million yuan from retail investors [2] - Zhongju Gaoxin (600872) had a net inflow of 50.68 million yuan from institutional investors, with a net outflow of 27.59 million yuan from retail investors [2] - Qianhe Flavor (603027) recorded a net inflow of 42.19 million yuan from institutional investors, while retail investors had a net outflow of 19.38 million yuan [2] - ST Jiajia (002650) had a net inflow of 12.30 million yuan from institutional investors, with a net outflow of 552,820 yuan from retail investors [2]

Core Viewpoint - Tianwei Food's stock price has shown fluctuations, with a recent increase of 2.13% on August 25, 2023, while the company has experienced a year-to-date decline of 2.43% [1] Group 1: Stock Performance - As of August 25, 2023, Tianwei Food's stock price is 12.48 CNY per share, with a market capitalization of 13.291 billion CNY [1] - The stock has seen a 3.74% increase over the last five trading days, a 9.09% increase over the last 20 days, and an 8.71% increase over the last 60 days [1] - Year-to-date, the stock price has decreased by 2.43% [1] Group 2: Financial Performance - For the period from January to March 2025, Tianwei Food reported a revenue of 642 million CNY, a year-on-year decrease of 24.80% [2] - The net profit attributable to shareholders for the same period was 74.733 million CNY, reflecting a year-on-year decline of 57.53% [2] Group 3: Shareholder Information - As of March 31, 2025, the number of shareholders for Tianwei Food is 31,000, a decrease of 1.97% from the previous period [2] - The average number of circulating shares per shareholder is 34,338, which has increased by 2.01% [2] - The company has distributed a total of 1.644 billion CNY in dividends since its A-share listing, with 1.250 billion CNY distributed in the last three years [3] Group 4: Major Shareholders - As of March 31, 2025, Hong Kong Central Clearing Limited is the third-largest circulating shareholder, holding 28.5183 million shares, an increase of 9.5818 million shares from the previous period [3] - Invesco Great Wall New Growth Mixed A remains the sixth-largest circulating shareholder, holding 8.6363 million shares, with no change in the number of shares held [3]

Group 1 - Tianwei Food plans to list in Hong Kong to access a broader international investor base and secure funding for overseas market expansion, particularly in Southeast Asia and Europe [1] - The competitive landscape in the food industry is intensifying, prompting Tianwei Food to enhance its competitive capabilities through international listing, which will improve brand recognition and attract high-end talent and advanced technology [1][7] - The trend in the food industry indicates a growing emphasis on international development and resource acquisition through initiatives like listing, alongside a focus on product diversification to meet changing consumer demands [5][7] Group 2 - The cooked food industry is becoming saturated, leading major companies in the marinated food sector to explore the freeze-dried food market as a new growth opportunity [3] - Freeze-dried foods offer advantages such as long shelf life and minimal nutrient loss, allowing companies like Juewei Duck Neck to introduce a variety of products to cater to different consumer scenarios [3] - The sales channels for freeze-dried foods are expanding, including traditional retail and e-commerce platforms, providing marinated food giants with new opportunities to increase market coverage and sales [5] Group 3 - Both Tianwei Food's Hong Kong listing and the entry of marinated food giants into the freeze-dried food sector are strategic moves to adapt to market changes, potentially altering the competitive dynamics in the food industry [7] - Success in overseas markets for Tianwei Food could solidify its leading position in the Sichuan seasoning industry, while establishing a foothold in the freeze-dried food sector could open new profit growth avenues for marinated food giants [7][8]