安井食品集團股份有限公司（「本公司」）董事會（「董事會」）謹此宣佈，本公司 將於2025年10月28日（星期二）舉行董事會會議，藉以（其中包括）審議及批准 本公司及其附屬公司截至2025年9月30日止九個月之季度業績及其發佈，以及 處理其他事項（如有）。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致的任何損失承擔任何責任。 ANJOY FOODS GROUP CO., LTD. 安井食品集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2648） 董事會會議召開日期 承董事會命 安井食品集團股份有限公司 董事長兼執行董事 劉鳴鳴先生 中國廈門，2025年10月16日 於本公告日期，本公司董事會成員包括：(i)執行董事劉鳴鳴先生、張清苗先 生、章高路先生及黃建聯先生；(ii)非執行董事鄭亞南博士及戴凡先生；及(iii) 獨立非執行董事張梅女士、劉曉峰博士、趙蓓博士及張躍平先生。 ...

格隆汇10月16日丨安井食品(02648.HK)宣布，本公司将于2025年10月28日（星期二）举行董事会会议， 藉以（其中包括）审议及批准本公司及其附属公司截至2025年9月30日止九个月的季度业绩及其发布， 以及处理其他事项（如有）。 ...

证券之星消息，10月16日食品加工板块较上一交易日上涨0.49%，*ST春天领涨。当日上证指数报收于 3916.23，上涨0.1%。深证成指报收于13086.41，下跌0.25%。食品加工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) | | --- | --- | --- | --- | --- | --- | | 600381 | *ST春天 | 4.88 | 4.95% | 8.96万 | - 4338.04万 | | 002626 | 全达威 | 21.90 | 3.01% | 23.90万 | - 5.25 Z | | 300146 | 汤臣倍健 | 12.46 | 2.81% | 57.02万 | 7.14亿 | | 000895 | 双汇发展 | 25.40 | 0.99% | 10.80万 | 2.74亿 | | 600530 | 交大昂立 | 8.44 | 0.84% | 16.51万 | 1.40亿 | | 605567 | 春雪食品 | 10.10 | 0.20% | 5.30万 | 5367.88万 | | 603345 | 安井食 ...

Core Viewpoint - Anjiu Food (603345) announced a cash dividend distribution of approximately RMB 473 million for the first half of 2025, representing 70.02% of the company's net profit attributable to shareholders for the same period [1] Group 1 - The cash dividend distribution will be completed on October 17, 2025, for the H-shares, following the completion of various preconditions such as tax payment and foreign exchange procedures [1] - The A-share portion of the dividend distribution was implemented on September 23, 2025 [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 001215 | 千味央厨 | 38.05 | -0.91% | 4.29万 | 1.65亿 | | 605089 | 味知香 | 26.11 | -0.84% | 1.48万 | 3853.23万 | | 600381 | *ST春天 | 4.65 | 0.00% | 2.91万 | 1345.66万 | | 603262 | 技源集团 | 30.17 | 0.00% | 1.19万 | 3574.43万 | | 920826 | 盖世食品 | 13.36 | 0.07% | 8.09万 | 1.08亿 | | 002840 | 华统院投 | 10.77 | 0.09% | 5.36万 | 5755.40万 | | 603536 | 惠发食品 | 10.68 | 0.09% | 14.98万 | 1.61亿 | | 600073 | 光明肉业 | 7.10 | 0.14% | 18.29万 | 1.30亿 | | 920429 | 康比特 | 4 ...

格隆汇10月15日丨根据联交所最新权益披露资料显示，2025年10月10日，安井食品(02648.HK)遭Schroders PLC在场内以每股均价58.2707港元减持21.17万 股，涉资约1233.6万港元。 减持后，Schroders PLC最新持股数目为310.98万股，持股比例由8.30%下降至7.78%。 | 股份代號: | 02648 | | --- | --- | | 上市法國名稱: | 安井食品集團股份有限公司 - H股 | | 日期 (日 / 月 / 年): | 15/09/2025 - 15/10/2025 | | 表格序號 | 大股東/董事/最高行政人員名 作出披露的 買入 / 賣出或涉及的 每股的平均價 | | | | | 持有權益的股份數目 佔已發行的有關事件的日 相關法 | | --- | --- | --- | --- | --- | --- | --- | | | | | 股份數目 | | | ( 請參関上述 * 註 | | | | | | | | 份百分比 年) | | | | | | | | 96 | | CS20251013E00418 | Schroders PLC ...

Investment Rating - The report maintains an "Outperform the Market" rating for the food and beverage sector [1][4][5]. Core Views - The food and beverage sector is experiencing a divergence in fundamentals, with beverages outperforming food and alcoholic beverages. The report emphasizes the importance of monitoring third-quarter performance [2][3]. - The report highlights the potential for stock price increases due to low expectations and the possibility of demand recovery, particularly in the snack, beverage, and frozen food segments [3][4]. Summary by Sections 1. Sector Overview - The food and beverage sector saw a slight decline of 0.16% this week, with A-shares down 0.20% and H-shares up 0.42%, indicating defensive allocation demand [1]. - The top performers in the sector included Zhuangyuan Pasture (21.07%), Yangyuan Beverage (16.80%), and Guangming Meat Industry (6.48%) [1]. 2. Alcoholic Beverages - The report notes that the liquor sector is still in a bottoming phase, with a focus on changes in the industry as the autumn sugar market approaches. Recommendations include Luzhou Laojiao, Kweichow Moutai, and Shanxi Fenjiu for their strategic advantages and growth potential [2][10]. - The report anticipates a 15-20% decline in sales volume during the upcoming holiday season, with a shift towards mass-market consumption [10]. 3. Beverages - The beverage sector is experiencing stable demand recovery, with leading companies like Nongfu Spring and Dongpeng Beverage showing strong performance. The report suggests focusing on the growth of sugar-free tea and energy drinks [2][15]. - The beverage sector's revenue increased by 18% year-on-year in the first half of 2025, despite entering the off-season [15]. 4. Snacks - The report emphasizes the importance of selecting strong alpha stocks in the snack sector, particularly in the konjac snack category, where leading companies like Weilong and Yanjinpuzi are expected to perform well [3][12]. - The snack industry is transitioning from channel-driven growth to category-driven growth, increasing competition among brands [12]. 5. Dairy Products - The dairy sector is seeing a gradual recovery in demand, with a focus on leading companies like Yili, which are expected to benefit from supply-demand improvements by 2025 [14]. - The report highlights the importance of monitoring inventory clearance and new product performance in the dairy supply chain [13][14]. 6. Investment Recommendations - The recommended investment portfolio includes Baba Food, Dongpeng Beverage, Weilong, and Luzhou Laojiao, which have shown strong performance and positive earnings expectations [3][16]. - The report suggests that any changes in supply and demand dynamics could catalyze stock price increases, particularly in segments with high growth potential [3][4].

证券研究报告 | 行业专题 | 食品饮料 把握新品新渠道中的结构性成长机会 ——大众品 25Q3 业绩前瞻 ❑ 投资要点 食品饮料 报告日期：2025 年 10 月 12 日 行业评级: 看好(维持) 分析师：孙天一 执业证书号：S1230521070002 suntianyi@stocke.com.cn 分析师：杜宛泽 执业证书号：S1230521070001 17621373969 duwanze@stocke.com.cn 分析师：张家祯 执业证书号：S1230523080001 zhangjiazhen@stocke.com.cn 分析师：满静雅 执业证书号：S1230524100004 manjingya@stocke.com.cn 相关报告 1 《白酒关注绩优和改革，大众 品首推青岛啤酒》 2025.03.29 2 《春糖反馈平稳，港股业绩 密集发布》 2025.03.22 3 《大众品 2025 年十大预 测》 2025.03.20 ❑ 风险提示 原材料价格大幅上涨、终端需求疲软或需求修复不及预期、行业数据存在主观分 类和筛选，存在实际情况与数据结论不符的风险。 行业专题 http://www. ...

变更募投资金的背后，是安井食品乃至整个冻品行业面临增长难题、急需寻找新的业绩增长点，押注冷冻烘焙是一个好的选择吗？ 变更资金用途 日前，冻品行业"一哥"安井食品发布了一则"变更非公开发行股票部分募投项目的公告"，计划将原规划用于四个速冻食品项目升级和扩建的部分资金，变 更到新烘焙项目的建设上。 未来，新项目能否取得预想中的收益暂未可知，但从安井食品变更募投项目背后的逻辑来看，传统速冻食品确实面临着较大的增长压力。 对于变更募投项目的具体原因，安井在公告中表示，原募投项目是公司基于当时速冻食品行业持续增长的态势、巩固市场主导地位的战略需求以及优化全 国"销地产"产能布局的考量而审慎制定的，旨在抓住速冻食品行业的增长机遇。但项目在推进过程中，宏观经济环境、产业政策以及消费市场均发生了变 化。与此同时，消费端的需求结构也在升级调整，消费者对健康、营养、便捷及多元化品类的追求日益凸显。 这些外部环境的变迁，改变了原募投项目所依赖的市场基础和行业情况。基于此，为了提高募集资金使用效率，安井拟进行本次变更，以拓展公司在在冷 冻烘焙领域的业务布局，为公司培育新的利润增长点。 具体来看，四个原项目分别为四川安井技术升级改造项 ...

Core Insights - The food processing sector experienced a rise of 0.81% on October 10, with Bright Meat Industry leading the gains [1] - The Shanghai Composite Index closed at 3897.03, down 0.94%, while the Shenzhen Component Index closed at 13355.42, down 2.7% [1] Food Processing Sector Performance - Bright Meat Industry (600073) closed at 7.39, up 5.57% with a trading volume of 531,800 shares and a transaction value of 390 million [1] - Other notable performers included: - Baba Food (605338) at 23.99, up 5.54% [1] - Huifa Food (603536) at 10.41, up 3.48% [1] - Gai Shi Food (920826) at 12.60, up 1.78% [1] - Qianwei Central Kitchen (001215) at 41.60, up 1.76% [1] Capital Flow Analysis - The food processing sector saw a net outflow of 4.261 million from institutional investors, while retail investors had a net inflow of 11.6 million [2] - Key stocks with significant capital flow included: - Bright Meat Industry with a net inflow of 43.4 million from institutional investors [3] - Anji Food (603345) with a net inflow of 12.8 million from institutional investors [3] - Tang Chen Bei Jian (300146) with a net inflow of 12.3 million from institutional investors [3]