江 苏 今 世 缘 酒 业 股 份 有 限 公 司 审计报告 天职业字[2025]18952 号 目 录 审计报告 -- l 2024 年度财务报表 -- -7 2024 年度财务报表附注 -- -19 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（http://acc.mof.gov.cn 审计报告 天职业字[2025]18952 号 江苏今世缘酒业股份有限公司全体股东: 一、审计意见 我们审计了江苏今世缘酒业股份有限公司(以下简称"今世缘"、"贵公司"或"公司") 财务报表,包括 2024年 12 月 31 日的合并及母公司资产负债表,2024 年度的合并及母公司利 润表、合并及母公司现金流量表、合并及母公司股东权益变动表,以及财务报表附注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编制,公允反映了贵 公司 2024 年 12 月 31 日的合并及母公司财务状况以及 2024 年度的合并及母公司经营成果和现 金流量。 二、形成审计意见的基础 我们按照中国注册会计师审计准则的规定执行了审计工作。审计报告的"注册会计师对财 务报表审计的责任"部分进一步阐述了我们在这些准则下的责 ...

江苏今世缘酒业股份有限公司 内部控制审计报告 - 天职业字[2025]21542 号 目 - 录 内部控制审计报告一 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求,我们审计了江 苏今世缘酒业股份有限公司(以下简称"贵公司")2024年12月 31 日的财务报告内部控制的 有效性。 一、企业对内部控制的责任 按照《企业内部控制基本规范》、《企业内部控制应用指引》、《企业内部控制评价指引》 的规定,建立健全和有效实施内部控制,并评价其有效性是贵公司董事会的责任。 二、注册会计师的责任 我们的责任是在实施审计工作的基础上,对财务报告内部控制的有效性发表审计意见, 并对注意到的非财务报告内部控制的重大缺陷进行披露。 您可使用手机"扫一扫"或进入"注册会 -1 内部控制审计报告 天职业字[2025]21542 号 江苏今世缘酒业股份有限公司全体股东: 三、内部控制的固有局限性 内部控制具有固有局限性,存在不能防止和发现错报的可能性。此外,由于情况的变化 可能导致内部控制变得不恰当,或对控制政策和程序遵循的程度降低,根据内部控制审计结 果推测未来内部控制的有效性具有一定风险。 四、财务报告内部控制审计意 ...

Financial Performance - The company's revenue for Q1 2025 reached ¥5,098,691,636.38, representing a 9.17% increase compared to ¥4,670,618,874.87 in the same period last year[3]. - Net profit attributable to shareholders was ¥1,644,056,273.98, up 7.27% from ¥1,532,586,659.57 year-on-year[3]. - The total operating revenue for the first quarter of 2025 was CNY 4,676,826,736.42, up from CNY 3,729,576,745.85 in the first quarter of 2024, reflecting a growth of 25.3%[18]. - The operating profit for the first quarter of 2025 was CNY 2,181,658,054.58, compared to CNY 2,037,694,386.84 in the previous year, indicating an increase of 7.0%[16]. - The company reported a total comprehensive income of CNY 1,644,056,273.98 for the first quarter of 2025, compared to CNY 1,532,586,659.57 in the same period of 2024[17]. - The basic and diluted earnings per share for the first quarter of 2025 were both CNY 1.3186, up from CNY 1.2292 in the first quarter of 2024, reflecting an increase of 7.3%[17]. Cash Flow and Assets - The net cash flow from operating activities increased by 42.50%, amounting to ¥1,427,343,057.92 compared to ¥1,001,644,444.07 in the previous year[3]. - The cash flow from operating activities for the first quarter of 2025 was CNY 1,427,343,057.92, compared to CNY 1,001,644,444.07 in the first quarter of 2024, representing a growth of 42.5%[19]. - Cash and cash equivalents increased to RMB 6,334,788,375.95 from RMB 6,158,045,490.18, representing a growth of 2.9%[11]. - The cash and cash equivalents at the end of the first quarter of 2025 amounted to CNY 6,238,895,124.25, down from CNY 7,384,578,479.77 at the end of the first quarter of 2024[20]. - Current assets as of March 31, 2025, totaled RMB 14,155,629,293.63, compared to RMB 13,928,397,619.13 at the end of 2024, indicating an increase of 1.6%[11]. Liabilities and Equity - Total liabilities decreased to RMB 8,026,864,545.47 from RMB 8,768,246,857.30, a reduction of 8.4%[13]. - Shareholders' equity increased to RMB 17,098,121,035.51 from RMB 15,453,651,528.39, a growth of 10.6%[13]. - Total assets at the end of the reporting period were ¥25,124,985,580.98, a 3.73% increase from ¥24,221,898,385.69 at the end of the previous year[4]. - Total assets as of March 31, 2025, amounted to RMB 25,124,985,580.98, up from RMB 24,221,898,385.69, reflecting an increase of 3.7%[12]. Operational Highlights - The company reported a significant increase in accounts receivable, which rose by 58.57% due to higher sales on e-commerce platforms[6]. - The company reported a significant increase in accounts receivable, rising to RMB 55,275,200.47 from RMB 34,858,334.75, an increase of 58.5%[11]. - The company experienced a 66.19% decrease in contract liabilities, attributed to seasonal factors affecting advance payments[6]. - The total operating costs for the first quarter of 2025 were CNY 2,949,204,237.00, an increase from CNY 2,667,929,303.18 in the same period of 2024[16]. - The company incurred tax expenses of CNY 538,192,833.70 in the first quarter of 2025, compared to CNY 505,930,173.19 in the previous year, marking an increase of 6.4%[16]. Future Outlook - The company plans to continue expanding its market presence and investing in new product development to drive future growth[3]. - The company has not indicated any new product launches or major strategic changes during the reporting period[10].

| | | 江苏今世缘酒业股份有限公司 JIANGSU KING 'S LUCK BREWERY JOINT-STOCK CO.,LTD. 公司设立方式为发起设立；在淮安工商行政管理局注册登记，取得营业执 照，统一社会信用代码为 91320800139859741X。 第三条 公司于 2014 年 6 月 9 日经中国证券监督管理委员会核准，首次向 中国境内社会公众发行人民币普通股 51,800,000 股，于 2014 年 7 月 3 日在上海 证券交易所上市。 第四条 公司注册名称： 中文全称：江苏今世缘酒业股份有限公司 英文名称：JIANGSU KING'SLUCK BREWERY JOINT-STOCK CO.,LTD. 江苏今世缘酒业股份有限公司 章 程 第一章 总 则 第一条 为维护江苏今世缘酒业股份有限公司（以下简称"公司"）、股东、 职工和债权人的合法权益，规范公司的组织和行为，根据《中华人民共和国公 司法》（以下简称《公司法》）、《中华人民共和国证券法》（以下简称《证券法》）、 《中国共产党章程》（以下简称《党章》），并参考中国证券监督管理委员会（以 下简称"中国证监会"）的部门规章及《上市 ...

Financial Performance - The company's operating revenue for 2024 reached ¥11,544,389,358.58, representing a 14.32% increase compared to ¥10,097,984,227.52 in 2023[23] - The net profit attributable to shareholders for 2024 was ¥3,411,925,268.61, an increase of 8.80% from ¥3,136,042,999.78 in 2023[23] - The net profit after deducting non-recurring gains and losses was ¥3,380,091,543.47, up 7.80% from ¥3,135,563,707.33 in the previous year[23] - The cash flow from operating activities for 2024 was ¥2,866,715,490.03, a slight increase of 2.37% from ¥2,800,318,233.10 in 2023[23] - The total assets at the end of 2024 amounted to ¥24,221,898,385.69, reflecting an 11.98% increase from ¥21,630,647,731.29 at the end of 2023[23] - The net assets attributable to shareholders increased by 16.31% to ¥15,453,651,528.39 from ¥13,286,816,788.29 in 2023[23] - The basic earnings per share for 2024 was ¥2.7365, an increase of 8.79% compared to ¥2.5153 in 2023[24] - The weighted average return on net assets decreased to 23.74% from 25.92% in the previous year, a decline of 2.18 percentage points[25] Market Expansion and Strategy - The company achieved significant market expansion, particularly in Jiangsu province, with continuous growth in key markets such as Nanjing and Huai'an[34] - The company launched initiatives like "Brand Value Enhancement Year" and "Distributor Optimization Year" to strengthen market control and marketing capabilities[34] - The company plans to expand its market presence through a combination of direct sales and e-commerce partnerships, enhancing its distribution strategy[72] - The number of distributors increased from 1,061 to 1,228 during the reporting period, representing a growth of 15.73%[77] - The company plans to enhance brand management and optimize brand expenses, focusing on the "V" series products to increase market penetration in the Yangtze River Delta region[92] Research and Development - The company applied for 16 invention patents during the year, with 5 granted and 3 utility model patents authorized[35] - The company established partnerships with several universities and research institutes to enhance its research and development capabilities[43] - The total R&D expenditure was 48,781,589.06 yuan, accounting for 0.42% of total revenue[58] - The company plans to continue its focus on R&D, with several projects recognized for their international leading technology level[45] - Research and development investments have increased by 30%, focusing on innovative technologies in the beverage sector[114] Environmental and Social Responsibility - The company has invested 72.77 million yuan in environmental protection during the reporting period[149] - The company has a wastewater discharge limit of 25.49 tons for CODcr, with actual discharge at 11.98 tons, indicating compliance with environmental standards[150] - The company has implemented a new wastewater treatment facility at the southern plant with a design capacity of 4,000 tons/day, currently processing about 1,000 tons/day[154] - The company has donated CNY 450 million to the Jiangsu Jinshiyuan Poverty Alleviation Foundation for rural revitalization efforts[164] - The company has invested CNY 2,080.25 million in social responsibility initiatives, including donations for public welfare projects[163] Corporate Governance - The company adheres to strict governance practices, ensuring compliance with relevant laws and regulations, and maintaining transparent communication with shareholders[103] - The company held 7 board meetings during the reporting period, approving 31 proposals without any rejections[104] - The supervisory board conducted 4 meetings, passing 13 proposals, also with no rejections[105] - The company has established a strategic committee to oversee long-term planning and initiatives[124] - The company has a remuneration and assessment committee to review executive compensation proposals[124] Financial Management - The total amount of entrusted financial management is 53 million for public fund products, 47.5 million for trust financial products, 35 million for brokerage financial products, and 160 million for bank financial products[176] - The company has a total of 126 million in other entrusted financial management, all of which is still outstanding[176] - The company has no plans for future entrusted financial management[177] - The company has a projected return of 2.02% for its internal bank funding pool, amounting to 10,000 million for the period ending in 2024[180] - The company plans to enhance its product offerings by developing new financial instruments and expanding its asset management capabilities[178] Risks and Challenges - The company is facing macroeconomic risks that may impact consumer purchasing power and demand for liquor products due to economic fluctuations[98] - Changes in consumer preferences towards healthier drinking options may lead to a decline in demand for traditional liquor products, posing a risk to the company's market position[98] - The company is experiencing intensified market competition, particularly in the Jiangsu market, which is crucial for its sales performance[98] - The company emphasizes the importance of effective decision-making and organizational strength to avoid risks associated with operational missteps[99] - The company has established a comprehensive environmental protection system to mitigate risks related to waste management and compliance with environmental regulations[99] Employee Management - The company added 849 new employees during the reporting period, bringing the total number of employees to 5,230 by the end of 2024[35] - The total number of employees at the parent company and major subsidiaries is 5,230, with 2,970 at the parent company and 2,260 at subsidiaries[131] - The company has implemented a training plan focusing on talent development and skills enhancement, with a structured course system and online learning platform[133] - The company’s remuneration policy has been optimized to align with strategic goals and market conditions, enhancing performance management and incentive systems[132] - The company is implementing a "3333" talent strategy to attract high-quality talent, focusing on high-education and high-skill individuals, and providing development opportunities for promising employees[94]

江苏今世缘酒业股份有限公司 对外担保决策制度 第一条 为了保护投资者的合法权益，规范江苏今世缘酒业股份有限公司 （下称"公司"）的对外担保行为，有效防范公司对外担保风险，确保公司资产 安全，促进公司健康稳定发展，根据《中华人民共和国公司法》（下称《公司 法》）、《上市公司监管指引》《上海证券交易所股票上市规则》（下称《上市规 则》）等相关规定及《江苏今世缘酒业股份有限公司章程》（下称《公司章程》）， 特制定本制度。 第二条 本制度所称担保或对外担保是指公司以第三人身份为他人银行债 务或其它债务提供担保责任，包括公司对控股子公司的担保。公司控股子公司 对外提供担保的，视同公司提供担保，计入公司对外担保总额。 担保方式包括但不限于保证、抵押或质押。具体种类包括银行借款担保、 银行开立信用证和银行承兑汇票担保、开具保函的担保等。 第三条 以公司或其控股子公司名义进行的所有对外担保，均由公司统一 管理。未按照《公司章程》及本制度的规定经由公司董事会或股东会批准，不 得对外提供担保。 第四条 公司对外担保应当遵循平等、自愿、公平、诚信、互利的原则。 任何单位和个人不得强令公司为他人担保，公司对强令为他人担保的行为应当 ...

公司董事会应当切实履行职责,认真、按时组织股东会。公司全体董事应当 勤勉尽责,确保股东会正常召开和依法行使职权。 第四条 股东会应当在《公司法》和公司《章程》规定的范围内行使职权。 江苏今世缘酒业股份有限公司 股东会议事规则 第一章 总 则 第一条 为规范江苏今世缘酒业股份有限公司（下称"公司"）股东会的组 织和行为，提高股东会议事效率，保障股东的合法权益，确保股东会能够依法 行使职权和依法决议，根据《中华人民共和国公司法》（下称《公司法》）等相 关规定及《江苏今世缘酒业股份有限公司章程》下称"公司《章程》"），特制定 本规则。 第二条 公司股东会的召集、提案、通知、召开等事项适用本规则。 第三条 公司应当严格按照法律、行政法规、部门规章、公司《章程》及 本规则的相关规定召开股东会，保证股东能够依法行使权利。 第五条 公司董事会应当切实履行职责,认真、按时组织股东会。公司全体 董事应当勤勉尽责,确保股东会正常召开和依法行使职权。 公司董事会秘书应负责落实召开股东会的各项筹备和组织工作。 第二章 股东会的性质与职权 第六条 公司股东会由全体股东组成。股东会是公司的权力机构，依法行 使下列职权： （五）对发行公司 ...

江苏今世缘酒业股份有限公司 关联交易决策制度 第一章 总 则 第一条 为规范江苏今世缘酒业股份有限公司（以下简称"公司"）的关 联交易，保护公司、股东、职工和债权人的合法权益，保证公司关联交易决策 行为的公允性，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 海证券交易所股票上市规则》等相关规定及《江苏今世缘酒业股份有限公司章 程》（以下简称《公司章程》），特制定本制度。 第二条 公司的关联交易是指公司或其控股子公司与公司关联人之间发生 的转移资源或者义务的事项。公司在处理与关联人间的关联交易时，不得损害 全体股东特别是中小股东的合法权益。 公司关联人包括关联法人（或者其他组织）和关联自然人。 公司控股子公司是指公司持有其 50%以上的股份，或者能够决定其董事会 半数以上成员的当选，或者通过协议或其他安排能够实际控制的公司。 第三条 公司应当保证关联交易的合法性、必要性、合理性和公允性，保 持公司的独立性，不得利用关联交易调节财务指标，损害公司利益。交易各方 不得隐瞒关联关系或者采取其他手段，规避公司的关联交易审议程序和信息披 露义务。公司的关联交易应遵循以下基本原则： （一）诚实信用、平等、自愿； ...

江苏今世缘酒业股份有限公司 募集资金管理办法 第一章 总 则 第一条 为规范江苏今世缘酒业股份有限公司（以下简称"公司"）募集资 金的使用和管理，进一步提高资金使用效率和公司效益，切实保护广大股东的 利益及募集资金的安全，依照《中华人民共和国公司法》《中华人民共和国证券 法》《上市公司监管指引第 2 号——上市公司募集资金管理和使用的监管要求》 《上海证券交易所股票上市规则》（以下简称《股票上市规则》）、《上海证券交 易所上市公司自律监管指引》等有关法律法规、部门规章、规范性文件和《江 苏今世缘酒业股份有限公司章程》（以下简称《公司章程》）的规定，并结合公 司实际情况，制定本办法。 第二条 本办法所称募集资金是指公司通过发行股票及其衍生品种，向投 资者募集并用于特定用途的资金。 审计委员会认为公司募集资金管理存在违规情形、重大风险或者内部审计 部门没有按前款规定提交检查结果报告的，应当及时向董事会报告。董事会应 1 当在收到报告后及时向上海证券交易所报告并公告。 第五条 募集资金投资项目（以下简称"募投项目"）通过公司的子公司或 公司控制的其他企业实施的，公司应当确保该子公司或控制的其他企业遵守本 办法的规定 ...

江苏今世缘酒业股份有限公司 董事会议事规则 第一章 总 则 第一条 为了进一步规范江苏今世缘酒业股份有限公司（以下简称"公司"） 董事会的议事方式和决策程序，促使董事和董事会有效地履行其职责，提高董 事会规范运作和科学决策水平，根据《中华人民共和国公司法》（以下简称《公 司法》）、《中华人民共和国证券法》（以下简称《证券法》）、《上市公司治理准则》 《上海证券交易所股票上市规则》等相关规定及《江苏今世缘酒业股份有限公 司章程》(以下简称"公司《章程》")，特制订本规则。 第二条 董事会应认真履行有关法律、法规和公司章程规定的职责，确保公 司遵守法律、法规和公司章程的规定，公平对待所有股东，并关注其他利益相 关者的利益。 第二章 董事会的组成与职权 第三条 董事会的组成 董事会由 9-15 名董事组成，其中独立董事人数不低于董事会成员人数的三 分之一。董事会设董事长 1 人，可以设副董事长 1 至 2 人。 第四条 董事会办公室 董事会下设董事会办公室，处理董事会日常事务。 董事会秘书可兼任董事会办公室负责人，保管董事会和董事会办公室印章。 第五条 董事会行使下列职权： 1 （一）召集股东会，并向股东会报告工作 ...