Core Viewpoint - The announcement provides an overview of the first quarter operational data for Honghui Fruits and Vegetables Co., Ltd, emphasizing the accuracy and completeness of the information disclosed by the company's board and management [7]. Financial Data - The financial statements for the first quarter of 2025 are unaudited, and the company confirms that there are no significant changes in accounting data or financial indicators [3][5]. - The company has not executed new accounting standards or interpretations that would affect the financial statements for the year [5]. Operational Data - The report includes key operational data for the first quarter of 2025, including production volume, sales volume, and inventory levels, all of which are presented in tons [7]. - The production and sales data are based on internal statistics and are not audited, indicating that investors should use this information cautiously [7]. Governance and Responsibility - The board of directors, supervisory board, and senior management guarantee the authenticity and completeness of the quarterly report, accepting legal responsibility for any misrepresentation or omissions [2][7].

| 证券代码：603336 | 证券简称：宏辉果蔬 | 公告编号：2025-025 | | --- | --- | --- | | 转债代码：113565 | 转债简称：宏辉转债 | | 宏辉果蔬股份有限公司 2025 年第一季度主要经营数据公告 注：肉类贸易的产量为该业务采购量。 二、报告期内主要产品销量及同比增减情况 产品单位：吨 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个别及连带责任。 宏辉果蔬股份有限公司(以下简称"公司")根据《上市公司行业信息披露指 引第一号——一般规定》，现将公司 2025 年第一季度主要经营数据（未经审计） 公告如下： 一、报告期内主要产品产量及同比增减情况 产品单位：吨 | 品种 | 2025 年 1-3 月 | 2024 年 1-3 月 | 同期增减（%） | | --- | --- | --- | --- | | 水果 | 27,862.05 | 20,280.00 | 37.39 | | 蔬菜 | 1,666.06 | 460.00 | 262.19 | | 食用油 | 258.97 | 5 ...

Financial Performance - The company's revenue for Q1 2025 was CNY 246,160,048.21, representing a 13.71% increase compared to CNY 216,472,925.87 in the same period last year[4] - Net profit attributable to shareholders decreased by 44.38% to CNY 4,504,651.07 from CNY 8,099,072.31 year-on-year[4] - Net profit for Q1 2025 was ¥4,519,679.00, a decrease of 35.5% from ¥6,999,569.19 in Q1 2024[14] - The company's operating profit for Q1 2025 was ¥4,536,840.57, down from ¥6,862,686.22 in Q1 2024, indicating a decline of 33.8%[14] - The gross profit margin declined due to a decrease in sales prices of fruit products, leading to a significant drop in net profit[6] Cash Flow - The net cash flow from operating activities improved significantly, increasing by 280.94% to CNY 20,512,048.49, compared to a negative cash flow of CNY 11,336,365.44 in the previous year[4] - Cash inflow from operating activities for Q1 2025 was CNY 271,506,189.09, down from CNY 282,191,567.01 in Q1 2024, representing a decrease of approximately 2.4%[16] - Cash outflow for purchasing goods and services was CNY 231,113,205.60, down from CNY 276,915,415.09 in Q1 2024[16] - Cash outflow from investing activities was CNY 6,164,837.77, an increase from CNY 4,959,268.49 in Q1 2024[17] - Cash inflow from financing activities totaled CNY 60,500,000.00, compared to CNY 89,800,000.00 in Q1 2024, reflecting a decrease of approximately 32.6%[17] - The net cash flow from financing activities was negative CNY 7,113,015.60, contrasting with a positive net flow of CNY 13,063,958.57 in the previous year[17] - The ending balance of cash and cash equivalents increased to CNY 65,670,739.78 from CNY 35,370,193.53 year-over-year[17] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,925,206,670.65, a slight decrease of 0.54% from CNY 1,935,742,342.38 at the end of the previous year[5] - Total liabilities decreased from ¥765,143,820.40 to ¥749,438,940.67, a reduction of 2.1%[12] - The company's cash and cash equivalents showed a slight decrease, with current assets totaling ¥1,206,117,213.89 compared to ¥1,211,167,151.19 previously[12] - The equity attributable to shareholders increased by 0.40% to CNY 1,174,654,641.59 from CNY 1,170,000,461.51 at the end of the previous year[5] - The equity attributable to shareholders increased to ¥1,174,654,641.59 from ¥1,170,000,461.51, reflecting a growth of 0.4%[12] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 36,661[8] - Basic and diluted earnings per share remained unchanged at CNY 0.01[4] - Basic and diluted earnings per share remained at CNY 0.01 for the current period[15] Other Income and Expenses - The company received government subsidies amounting to CNY 115,850.93, which were included in the non-recurring gains and losses[6] - Research and development expenses increased to ¥573,547.36 in Q1 2025, compared to ¥405,056.31 in Q1 2024, marking a rise of 41.5%[13] - Other comprehensive income for Q1 2025 was ¥136,169.72, contrasting with a loss of ¥1,761,379.76 in Q1 2024[14] - The total comprehensive income attributable to minority shareholders was CNY 15,027.93, a decrease of CNY 1,099,503.12 compared to the previous period[15] Accounting Standards - The company will not apply new accounting standards starting from 2025[18]

Core Viewpoint - Honghui Fruits and Vegetables (603336.SH) reported a slight decline in revenue and a significant drop in net profit for 2024, indicating challenges in its core business segments [2] Financial Performance - The company achieved a revenue of 1.08 billion yuan in 2024, a year-on-year decrease of 0.52% [2] - The net profit attributable to shareholders was 18.30 million yuan, down 23.59% year-on-year [2] - Revenue from the fruit business segment decreased by 0.23%, while the edible oil segment saw a substantial decline of 45.83%, with a gross margin close to zero at 0.06% [2] - The food and meat trading segments experienced revenue growth of 0.36% and 10.76%, respectively, but both remained in a loss position with gross margins of -3.21% and -3.46% [2] Strategic Initiatives - The company plans to enhance cost control, optimize resource allocation, and improve operational efficiency to manage operational costs [2] - Honghui Fruits and Vegetables aims to focus on its core business while actively pursuing strategic transformation and business structure adjustments [3] - The company intends to accelerate capacity building in the food manufacturing sector and introduce high-value-added products like frozen hot pot ingredients [3] Market Adaptation - In response to the significant decline in the edible oil business, the company is closely monitoring market dynamics and competitors, adjusting business strategies, and optimizing product structures [3] - The company is exploring new sales channels and market opportunities to meet the diverse needs of consumers [3] Supply Chain Management - Cold chain storage is viewed as a critical measure to enhance supply chain stability and reduce losses, with ongoing investments in this area [3][4] - The company plans to increase investment in cold chain storage to improve scale and efficiency in line with business development needs [3] Risk Management - The company is strengthening agricultural risk management and disaster reduction efforts to enhance farmers' awareness and capabilities [4] - A diversified upstream supply network is being established to mitigate risks associated with local disasters affecting raw material supply [4]

Financial Performance - The company reported a basic earnings per share of 0.0100 yuan for Q1 2025, unchanged from Q1 2024, but down from 0.0200 yuan in Q1 2023 [1] - The net profit for Q1 2025 was 0.05 billion yuan, a decrease of 37.5% compared to 0.08 billion yuan in Q1 2024 and 0.1 billion yuan in Q1 2023 [1] - The return on equity (ROE) for Q1 2025 was 0.38%, down 45.71% from 0.70% in Q1 2024 and 0.87% in Q1 2023 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 30,730.02 million shares, accounting for 53.87% of the circulating shares, with a decrease of 358,500 shares compared to the previous period [1] - Huang Junhui remains the largest shareholder with 25,208.78 million shares, representing 44.20% of the total share capital, with no change [2] - Lin Ruihua's holdings decreased by 35.85 million shares, now holding 1,075.09 million shares, which is 1.88% of the total [2] Dividend Policy - The company has decided not to distribute dividends or allocate bonus shares in this period [3]

Group 1 - The company plans not to distribute profits or increase capital reserves for the fiscal year 2024, with the proposal approved by the board and pending shareholder meeting approval [3][56][68] - The company reported a revenue of 1,080.11 million yuan for 2024, a decrease of 0.52% year-on-year, and a net profit attributable to shareholders of 183.02 million yuan, down 23.59% from the previous year [64][60][64] Group 2 - The company operates primarily in the fruit and vegetable sector, providing services that include planting management, post-harvest acquisition, cold storage, processing, and distribution [8][9][10] - The company has expanded into frozen food and edible oil industries, with the frozen food brand "Fengshou Ge" and edible oil brands "Fengshou Ge" and "Xiangjiamen" [9][12][13] Group 3 - The fruit and vegetable industry is experiencing rapid development and transformation, with increasing demand for high-quality, organic, and green products, leading to a shift in consumption patterns [5][6][60] - The industry faces challenges such as marketization and technological transformation, but also opportunities through advancements in processing technology and trends towards smart, data-driven, and sustainable practices [5][6][60] Group 4 - The company is in a critical phase of transformation, optimizing its supply chain and product structure while enhancing its operational efficiency to maintain its competitive edge [61][62][63] - The company aims to increase investment in supply chain optimization, sales channel development, and food project promotion to support its growth and enhance its profitability [64][65][66]

Group 1 - The company has approved a financing limit of up to RMB 1.5 billion for 2025, with mutual guarantees among subsidiaries [5][6][7] - The company has not signed any guarantee agreements yet, and the authorized personnel will sign relevant agreements within the approved limit [5][6] - The board of directors has proposed a mid-term dividend plan for 2025, subject to shareholder approval, with a maximum distribution of 50% of the net profit [15][17][18] Group 2 - The company has decided to change the implementation location of the "Macro Horticulture Healthy Food Processing Base Project" due to local government issues [11][12] - The new location will be in Shantou Free Trade Zone, with the investment amount and project details remaining unchanged [12][13] - This change is expected to optimize the company's business structure and align with long-term development plans [13] Group 3 - The company plans to use up to RMB 200 million of idle funds for low-risk financial products to enhance fund utilization efficiency [25][28][29] - The investment will focus on safe, liquid financial products, ensuring that it does not affect daily operations [34][40] - The board has authorized the chairman to manage the investment decisions within the approved limit [41] Group 4 - The company has recognized asset impairment losses totaling RMB 607.61 million, which exceeds 10% of the audited net profit for 2024 [44][45] - The impairment includes inventory write-downs and goodwill impairment related to underperforming subsidiaries [46][48] - The board believes that these measures accurately reflect the company's financial status and do not harm shareholder interests [50] Group 5 - The company has extended the investment period for the Malaysian tropical fruit planting project to 2030 due to external economic factors [56][57] - This extension aims to ensure the project's successful implementation and maximize long-term benefits [57] - The project has already seen investments of RMB 80 million, with ongoing development in infrastructure and planting [55]

报告期内在专门委员会任职情况：任董事会审计委员会主任委员、董事会薪 酬与考核委员会主任委员、董事会提名委员会委员。 宏辉果蔬股份有限公司 2024 年度独立董事述职报告 （芮奕平） 作为宏辉果蔬股份有限公司（以下简称"公司"）独立董事，本人在2024 年严格按照《公司法》、《证券法》、《上市公司治理准则》、《上市公司独立 董事管理办法》等法律法规及《公司章程》、《独立董事工作制度》等相关规定 的要求，始终恪守独立董事职业准则，秉持审慎态度和勤勉作风，认真履行独立 董事的职责，谨慎、认真、勤勉地行使公司所赋予独立董事的权利，充分发挥独 立董事的作用，按时出席相关会议，认真审议董事会各项议案，基于独立立场对 相关事项发表独立客观的意见，在重大事项决策过程中坚持审慎研判原则，从公 司治理规范及全体股东利益出发提出建设性意见，维护了公司及股东特别是中小 股东的权益。在履职实践中持续推动董事会决策程序优化，促进治理体系完善， 对提升公司的规范运作和高质量发展起到了积极作用。现将本人2024年度履职情 况汇报如下： 一、独立董事的基本情况 本人芮奕平，1954年2月出生，中国国籍，无境外永久居留权，研究生学历， 高级审计 ...

一、独立董事的基本情况 宏辉果蔬股份有限公司 2024 年度独立董事述职报告 （王锦武） 作为宏辉果蔬股份有限公司（以下简称"公司"）独立董事，本人在2024 年严格按照《公司法》、《证券法》、《上市公司治理准则》、《上市公司独立 董事管理办法》等法律法规及《公司章程》、《独立董事工作制度》等相关规定 的要求，始终恪守独立董事职业准则，秉持审慎态度和勤勉作风，认真履行独立 董事的职责，谨慎、认真、勤勉地行使公司所赋予独立董事的权利，充分发挥独 立董事的作用，按时出席相关会议，认真审议董事会各项议案，基于独立立场对 相关事项发表独立客观的意见，在重大事项决策过程中坚持审慎研判原则，从公 司治理规范及全体股东利益出发提出建设性意见，维护了公司及股东特别是中小 股东的权益。在履职实践中持续推动董事会决策程序优化，促进治理体系完善， 对提升公司的规范运作和高质量发展起到了积极作用。现将本人2024年度履职情 况汇报如下： （二）出席董事会专门委员会及独立董事专门会议情况 1、董事会薪酬与考核委员会 报告期内，公司董事会薪酬与考核委员会共召开1次会议，本人按时出席了 会议，未有委托他人出席和缺席情况。作为董事会薪酬与考 ...

一、报告期内主要产品产量及同比增减情况 产品单位：吨 | 品种 | 2024 | 年 | 2023 | 年 | 同期增减 | 2024 年 | 2023 年 | 同期增减 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 10-12 | 月 | 10-12 | 月 | （%） | 1-12 月 | 1-12 月 | （%） | | 水果 | 36,381.09 | | 35,760.70 | | 1.73 | 101,424.17 | 101,340.17 | 0.08 | | 蔬菜 | 909.88 | | 452.07 | | 101.27 | 2,565.22 | 1,562.15 | 64.21 | | 食用油 | 228.77 | | 563.97 | | -59.44 | 1,468.25 | 2,845.90 | -48.41 | | 食品 | 588.70 | | 583.52 | | 0.89 | 2,218.60 | 2,093.74 | 5.96 | | 肉类贸易 | 691.91 | | 373.38 | | 8 ...