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 ...

| 证券代码：603336 | 证券简称：宏辉果蔬 | 公告编号：2025-022 | | --- | --- | --- | | 转债代码：113565 | 转债简称：宏辉转债 | | 宏辉果蔬股份有限公司 关于延长向香港宏辉增资暨投资马来西亚热带水果 种植基地建设项目投资期限的公告 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个别及连带责任。 一、对外投资概述 注：差额为已实际拨付至项目公司账户但尚未实际投入项目运营的结余资 金。 公司依据实际出资情况，相应完成宏辉果蔬（香港）有限公司的增资手续。 榴莲基地已完成榴莲果园灌溉工程、道路及排水等基础设施建设，配备管理、种 植人员，公司积极投入维护，从水土养护、苗木栽培、员工培训等方面强化榴莲 苗木种植管理，进一步提升产能和品质。截至公告日，基地已种植的榴莲树约 5,600棵：其中20年以上树龄的约占5%，5至7年树龄的约占20%，其余为5年以下 树龄的幼树。种植基地已有小规模收果，截至2024年，累计产量约46吨，尚未形 成规模效益，未来产量将逐年增收。 三、延长投资期限情况概述 受 ...

| 证券代码：603336 | 证券简称：宏辉果蔬 | 公告编号：2025-018 | | --- | --- | --- | | 转债代码：113565 | 转债简称：宏辉转债 | | 2024 年 12 月 6 日，财政部发布了《企业会计准则解释第 18 号》（以下简 称"解释 18 号"），规定了"对于不属于单项履约义务的保证类质量保证的会 计处理"的相关内容，该解释规定自印发之日起施行，允许企业自发布年度提前 执行。 根据财政部上述通知的要求，公司将对原会计政策进行相应变更，并从解释 17 号、解释 18 号规定的起始日开始执行变更后的会计政策。上述会计政策变更 对公司财务报表无影响。 2025 年 4 月 23 日，公司第五届董事会第十八次会议、第五届监事会第十三 1 宏辉果蔬股份有限公司 关于会计政策变更的公告 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个别及连带责任。 重要内容提示： ● 本次会计政策变更是宏辉果蔬股份有限公司（以下简称"公司"）根据 中华人民共和国财政部（以下简称"财政部"）颁布的《企业会计准则解释第 ...

宏辉果蔬股份有限公司 2024年度董事会工作报告 2024 年度，宏辉果蔬股份有限公司（以下简称"公司"）董事会严格按照《公 司法》、《证券法》、《上海证券交易所股票上市规则》、《公司章程》、《董事会议事 规则》等有关法律法规、规范性文件及公司制度的规定，认真履行股东会赋予的 职责，贯彻执行股东会通过的各项决议，全体董事勤勉尽责，认真督促公司落实 董事会的各项决议，维护公司及全体股东的合法权益，提升公司治理水平，保证 公司董事会的科学决策和规范运作，推进公司持续、稳健发展。现将 2024 年度董 事会主要工作情况报告如下： 一、报告期内公司总体经营情况 报告期内，公司实现营业收入 108,011.24 万元，同比下降 0.52%；营业利润 2,124.72 万元，同比增加 13.32%；归属于上市公司股东的净利润为 1,830.24 万 元，同比下降 23.59%；归属于母公司的扣除非经常性损益的净利润为 1,696.11 万 元，同比下降 9.70%。 议 7 次，具体如下： | 会议时间 | | 会议名称 | 会议议案 | 审议结果 | | --- | --- | --- | --- | --- | | ...