Core Viewpoint - Youyou Foods Co., Ltd. reported significant growth in revenue and net profit for the first half of 2025, driven by its core product, spicy chicken feet, and a diversified product line in the leisure food sector [1][3]. Financial Performance - The company achieved operating revenue of CNY 770,953,697.51, a year-on-year increase of 45.59% [2][4]. - Total profit reached CNY 130,144,832.39, reflecting a growth of 44.27% compared to the previous year [2][4]. - Net profit attributable to shareholders was CNY 108,473,141.59, up 42.47% year-on-year [2][4]. - The net cash flow from operating activities was CNY 138,605,227.68, an increase of 15.22% [2][4]. Business Overview - The main business of the company is the research, production, and sales of spicy marinated leisure foods, with spicy chicken feet being the leading product [3][10]. - The company employs a procurement model combining "production-based ordering" and safety stock to ensure quality raw materials [3][10]. - The production process includes marinating, packaging, and sterilization, with a focus on maintaining product freshness and avoiding inventory buildup [3][10]. Market Strategy - The company is expanding its market presence through various channels, including membership supermarkets, bulk snack sales, and online platforms [3][10]. - Product innovation is emphasized, with efforts to diversify flavors and packaging to meet consumer demand [3][10]. Competitive Advantages - The company has established a strong brand presence, recognized as a famous trademark in China, particularly in the spicy chicken feet segment [4][10]. - Quality control measures are in place, including certifications such as ISO 22000 and HACCP, ensuring high standards in production [4][10]. - Strategic partnerships with suppliers help secure high-quality raw materials at reasonable costs [4][10]. Risks and Challenges - The company faces risks related to raw material price fluctuations, which constitute over 80% of its main business costs [9][10]. - Competition in the leisure food market is intense, with numerous players potentially impacting profitability through aggressive pricing strategies [10].

| 有友食品股份有限公司2025 | | | | 年半年度报告摘要 | | | | --- | --- | --- | --- | --- | --- | --- | | 公司简称：有友食品 | | | | | | 公司代码：603697 | | 有友食品股份有限公司 | | | | | | | | 有友食品股份有限公司2025 年半年度报告摘要 | | | | | | | | 第一节 重要提示 | | | | | | | | 展规划，投资者应当到上海证券交易所网站（www.sse.com.cn）网站仔细阅读半年度报告全文。 | | | | | | | | 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 | | | | | | | | 公司2025年半年利润分配预案为：拟以实施利润分配方案时股权登记日的总股本为基数，向全体 | | | | | | | | 股东每10股派发现金红利2.3元（含税）。 | | | | | | | | 第二节 公司基本情况 | | | | | | | | 公司股票简况 | | | | | | | | 股票上市交易所 股票简称 股票代码 | | | | | ...

Summary of Key Points Core Viewpoint - Youyou Food Co., Ltd. announced a cash dividend distribution plan for the first half of 2025, with a distribution of 0.23 yuan per share (including tax), amounting to a total of approximately 98.37 million yuan, which represents 90.69% of the net profit attributable to shareholders for the period [1][2]. Group 1: Profit Distribution Plan - The company achieved a net profit of 108,473,141.59 yuan for the first half of 2025, with retained earnings of 568,301,108.43 yuan as of June 30, 2025 [1]. - The total share capital as of August 27, 2025, was 427,692,098 shares, leading to a total cash dividend distribution of 98,369,182.54 yuan [1]. - The profit distribution plan is based on the total share capital registered on the equity distribution record date, and any changes in total share capital before this date will result in an adjustment of the total distribution amount while maintaining the per-share distribution ratio [2]. Group 2: Decision-Making Process - The profit distribution plan was approved by the company's board of directors with a unanimous vote of 7 in favor, with no votes against or abstentions [2]. - The plan aligns with the company's profit distribution policy and previously disclosed shareholder return strategy [2].

证券代码：603697 证券简称：有友食品 公告编号：2025-054 有友食品股份有限公司 第四届董事会第十四次会议决议公告 报告的议案》 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《有 友食品 2025 年半年度募集资金存放与实际使用情况的专项报告》。 表决结果：7 票同意，0 票反对，0 票弃权。 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《有 友食品 2025 年半年度利润分配方案公告》。 一、董事会会议召开情况 有友食品股份有限公司（以下简称"公司"）第四届董事会第十四次会议于 电话及邮件方式通知全体董事。会议应参加表决董事 7 人，实际参加表决董事 7 人。会议由董事长鹿有忠先生主持，公司监事和高级管理人员列席了会议。会议 的召开符合《公司法》及《公司章程》的相关规定。 二、董事会会议审议情况 具体内容详见公司同日在上海证券交易所网站（www.sse.com.cn）披露的《有 友食品 2025 年半年度报告》及《有友食品 2025 年半年度报告摘要》。 本议案已经公司第四届董事会审计委员会第十一次会议审议通过。 表决结果：7 ...

Meeting Details - The 13th meeting of the 4th Supervisory Board of Youyou Food Co., Ltd. was held via email notification to all supervisors [1] - The meeting was attended by 3 supervisors, with all 3 voting in favor of the resolutions [1] - The meeting was chaired by Mr. Chen Peng and complied with the relevant provisions of the Company Law and the Articles of Association [1] Resolutions Passed - The Supervisory Board reviewed the 2025 semi-annual report and its summary, with a unanimous vote of 3 in favor [1] - The board also approved the special report on the storage and actual use of raised funds for the first half of 2025, again with a unanimous vote of 3 in favor [1] - The profit distribution plan for the first half of 2025 was also approved with a unanimous vote of 3 in favor [2]

有友食品股份有限公司2025 年半年度报告 公司代码：603697 公司简称：有友食品 有友食品股份有限公司 2025 年半年度报告 1 / 163 有友食品股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人鹿有忠、主管会计工作负责人崔海彬及会计机构负责人（会计主管人员）彭宇 翔声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司2025年半年利润分配预案为：拟以实施利润分配方案时股权登记日的总股本为基数，向全体 股东每10股派发现金红利2.3元（含税）。 六、 前瞻性陈述的风险声明 □适用 √不适用 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 ...

证券代码：603697 证券简称：有友食品 公告编号：2025-057 有友食品股份有限公司 2025年半年度募集资金存放与实际使用情况的专项报告 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、募集资金基本情况 （一）募集资金金额及到位时间 经中国证券监督管理委员会《关于核准有友食品股份有限公司首次公开发行 股票的批复》（证监许可[2018]1960 号）核准，公司向社会公开发行人民币普通 股股票（A 股）79,500,000 股，每股发行价格为 7.87 元，募集资金总额为人民 币 62,566.50 万元，扣除各项发行费用 6,454.17 万元，实际募集资金净额为人 民币 56,112.33 万元。信永中和会计师事务所（特殊普通合伙）对公司上述资金 到位情况进行了审验，并于 2019 年 4 月 29 日出具了 XYZH/2019CQA20223 号《验 资报告》。公司及相关子公司已按规定对募集资金进行了专户储存管理，并与保 荐机构、开户银行签订了募集资金监管协议。 （二）募集资金使用情况和结余情况 截至 2 ...

Market Overview - The leisure food sector experienced a decline of 0.72% on August 27, with Maiqu'er leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Individual Stock Performance - Youyou Food (603697) saw a significant increase of 10.00%, closing at 14.52 with a trading volume of 226,300 shares [1] - Other notable performers included Wancheng Group (300972) with a 2.07% increase, closing at 167.54, and Yuanzu Co. (603886) with a 1.66% increase, closing at 13.47 [1] - Conversely, Maiqu'er (002719) declined by 4.42%, closing at 9.72 with a trading volume of 114,700 shares [2] - Ximai Food (002956) and Jinzhai Food (003000) also faced declines of 4.25% and 3.83%, respectively [2] Capital Flow Analysis - The leisure food sector experienced a net outflow of 234 million yuan from institutional investors, while retail investors saw a net inflow of 255 million yuan [2] - The capital flow for individual stocks showed that Wancheng Group had a net inflow of 55.13 million yuan from institutional investors, while Maiqu'er had a net outflow of 5.81 million yuan [3] - Youyou Food and Lihai Food (300973) also experienced net inflows of 44.80 million yuan and 15.50 million yuan, respectively [3]

Market Overview - The leisure food sector experienced a decline of 0.37% on August 26, with Yanjinpuzi leading the drop [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 - Notable gainers in the leisure food sector included: - Ziyan Food (603057) with a closing price of 25.50, up 5.72% and a trading volume of 132,000 shares [1] - Maijiaoer (002719) closed at 10.17, up 1.40% with a trading volume of 119,500 shares [1] - Yuanzhu (603886) closed at 13.25, up 1.38% with a trading volume of 71,100 shares [1] - Major decliners included: - Yanjinpuzi (002847) closed at 71.98, down 1.93% with a trading volume of 47,100 shares [2] - Huangshanghuang (002695) closed at 12.73, down 1.55% with a trading volume of 150,800 shares [2] - Ximai Food (002956) closed at 22.80, down 1.43% with a trading volume of 64,800 shares [2] Capital Flow - The leisure food sector saw a net outflow of 354 million yuan from institutional investors, while retail investors contributed a net inflow of 276 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors showed interest [2] Individual Stock Capital Flow - Key stocks with significant capital flow include: - Good Idea (002582) with a net inflow of 6.01 million yuan from institutional investors [3] - Ziyan Food (603057) had a net inflow of 4.27 million yuan from institutional investors but a net outflow of 18.35 million yuan from retail investors [3] - Yanjinpuzi (002847) experienced a net outflow of 4.37 million yuan from institutional investors [3]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 002557 | 治治食品 | 23.33 | -0.17% | 9.63万 | 2.25亿 | | 002695 | 煌上煌 | 12.93 | 0.23% | 14.88万 | 1.92亿 | | 6655509 | 南侨食品 | 17.84 | 0.56% | ● 1.49万 | 2645.70万 | | 603866 | 桃李面包 | 5.71 | 0.88% | 1 33.61万 | 1.91亿 | | 002991 | 甘涼食品 | 59.41 | 1.14% | 2.04万 | 1.21亿 | | 002719 | 麦趣尔 | 10.03 | 1.21% | 8.15万 | 8101.23万 | | 603517 | 绝味食品 | 16.95 | 1.25% | 32.11万 | 5.43亿 | | 603043 | 广州酒家 | 17.04 | 1.37% | 8.51万 | 1.44亿 | | 603886 | 元祖股份 | 13 ...