良品铺子股份有限公司 关于控股股东涉及诉讼的公告 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法律责任。 重要内容提示： 一、诉讼基本情况 2025 年 5 月，公司控股股东宁波汉意与广州轻工工贸集团有限公司（以下 简称"广州轻工"、"原告"）就协议转让上市公司股份的事项进行磋商，签署 了《协议书》。具体内容详见公司于 2025 年 7 月 18 日披露的《良品铺子股份有 限公司关于控股股东股份被冻结的公告》（公告编号：2025-029）。 证券代码：603719 证券简称：良品铺子 公告编号：2025-034 近日，公司获悉，广州市中级人民法院受理了原告广州轻工与被告宁波汉意、 第三人良品铺子股份有限公司的股份转让纠纷一案（案号：(2025)粤 01 民初 3122 号）。 原告诉讼请求如下： 案件所处的诉讼阶段：法院已受理，尚未开庭。 当事人地位：良品铺子股份有限公司（以下简称"上市公司""公司"）控 股股东宁波汉意创业投资合伙企业（有限合伙）（以下简称"宁波汉意""被 告"）为被告，公司为第三人。 涉案金额：995,668,40 ...

良品铺子：控股股东涉及股份转让纠纷已被法院受理 涉案金额9.96亿元 智通财经7月21日电，良品铺子(603719.SH)公告称，近日，公司获悉，广州市中级人民法院受理了原告 广州轻工与被告宁波汉意、第三人良品铺子股份有限公司的股份转让纠纷一案，涉案金额为9.96亿元。 本次涉及诉讼系广州轻工和公司控股股东宁波汉意股权纠纷诉讼，公司为第三人，对公司的生产经营和 当期损益无重大影响。目前案件尚未开庭审理，最终结果尚无法判断，可能导致宁波汉意与武汉长江国 际贸易集团有限公司的控制权转让事项存在不确定性风险。 ...

文｜新10亿商业参考 "高端零食第一股"也扛不住了？ 7月14日，良品铺子发布了一份"扎心"的业绩预告——2025年上半年预计亏损最高达1亿。 但比业绩暴雷更劲爆的是——7月11日，良品铺子突然停牌，原因是控股股东"宁波汉意"准备卖掉股权。 而宁波汉意又是良品铺子创始人杨红春控股的公司。 后来，股价下跌的回旋镖，又打回来了。 2006年，良品铺子刚开业那会儿还是大众品牌，后来发现走高端路线，资本更容易给钱，于是就换了赛道。 2020年上市后，顶着"高端零食第一股"的帽子，良品铺子连续15个涨停板，市值最高达300亿。 不过，上市即巅峰，后面几年，良品铺子业绩如同王小二过年，一年不如一年。 2023年，净利润下降了接近50%，2024年干脆直接亏损4600万，再加上今年上半年的亏损，创始人最先心灰意冷。 2023年，宁波汉意通过二级市场减持了2%的股份，去年6月，又套现736万元。 资本一看这情况，也跟风减持。 风投女王徐欣的今日资本连续套现15次，高瓴资本更是把良品铺子的股票快清仓了。 于是，巅峰300亿市值的良品铺子现在还剩下不到55亿，缩水了8成。 换个说法就是，良品铺子创始人想脱身了。 商场上起起伏伏很 ...

Group 1 - In June 2025, the total retail sales of consumer goods reached 42,287 billion yuan, with a year-on-year growth of 4.8% [1] - Excluding automobiles, the retail sales of consumer goods amounted to 37,649 billion yuan, also growing by 4.8% [1] - From January to June, the total retail sales of consumer goods were 245,458 billion yuan, with a year-on-year increase of 5.0% [1] Group 2 - Urban retail sales in June were 36,559 billion yuan, reflecting a year-on-year growth of 4.8%, while rural retail sales reached 5,728 billion yuan, growing by 4.5% [3] - For the first half of the year, urban retail sales totaled 213,050 billion yuan, with a growth rate of 5.0%, and rural retail sales were 32,409 billion yuan, increasing by 4.9% [3] Group 3 - In June, the retail sales of goods were 37,580 billion yuan, with a year-on-year growth of 5.3%, while catering revenue was 4,708 billion yuan, growing by 0.9% [3] - For the first half of the year, the retail sales of goods reached 217,978 billion yuan, with a growth of 5.1%, and catering revenue was 27,480 billion yuan, increasing by 4.3% [3] Group 4 - From January to June, retail sales in convenience stores, supermarkets, department stores, specialty stores, and brand stores grew by 7.5%, 5.4%, 1.2%, 6.4%, and 2.4% respectively [5] - The online retail sales for the first half of the year were 74,295 billion yuan, with a year-on-year growth of 8.5%, and the physical goods online retail sales were 61,191 billion yuan, growing by 6.0% [5] Group 5 - The new flagship store of Xiaomi, located in Shenzhen, is the largest Xiaomi store globally, showcasing a wide range of products including Xiaomi cars [12] - Aveda's first concept flagship store in China opened in Shanghai, featuring a unique retail ecosystem with personalized care solutions [14][17] - BROMPTON opened its first store in Guangzhou, emphasizing high-end folding bicycles tailored for urban living [18] Group 6 - The Danish jewelry brand Pandora is rumored to exit the Chinese market, planning to close at least 50 stores this year [25] - The Italian sportswear brand Hydrogen is set to enter the Chinese market in 2026, focusing on high-end fashion and professional sports performance [26] Group 7 - Lucky Coffee aims to reach 10,000 stores by 2025, with a focus on expanding in first and second-tier cities [34] - The company has introduced attractive franchise policies to encourage new store openings [35] Group 8 - The supermarket chain ALDI has opened new stores in Jiangsu, continuing its expansion in the region [39] - Yonghui Supermarket has launched a new store model in Shenzhen, aiming to complete 200 store renovations by the third quarter [40] Group 9 - The discount store brand "Wumei Super Value" will open six stores in Beijing, focusing on high-quality products at low prices [41] - Meituan's discount supermarket "Happy Monkey" plans to open 1,000 stores, starting with 10 signed locations [42] Group 10 - Pop Mart expects a revenue increase of at least 200% in the first half of the year, with profits projected to grow by no less than 350% [43][44]

广州 轻工集团7月21日回应与宁波汉意就 良品铺子相关 股权转让纠纷情况。广州轻工表示：已就宁波 汉意的恶意违约行为，向广州市中级人民法院提起诉讼起诉及财产保全措施。7月14日，广州市中级人 民法院针对广州轻工集团与宁波汉意股权转让纠纷一案正式立案审理及启动相关保全措施。广州轻工表 示：鉴于良品铺子为上市公司，考虑其正常经营及广大中小股东利益，广州轻工集团目前仍保持克 制。"我司会根据诉讼情况再研究决定后续是否接受采访。" (智通财经) ...

Reinstatement - Changhong High-Tech plans to acquire 100% equity of Guangxi Changke through issuing shares, convertible bonds, and cash payment, focusing on the R&D of special synthetic resins, with stock reinstatement [1] - Jichuan Pharmaceutical disclosed the results of the acquisition offer by Cao Fei, leading to stock reinstatement [2] - *ST Yazhen completed the verification work, resulting in stock reinstatement [3] Capital Increase and Mergers - Chiplink Integration intends to purchase 72.33% equity of Chiplink Yuezhou for 5.897 billion yuan [4] - Dongwu Securities plans to raise no more than 6 billion yuan through a private placement for subsidiary capital increase, IT and compliance investments, wealth management, bond investments, debt repayment, and working capital [4] - Weiguang Biological aims to raise no more than 1.5 billion yuan for its smart industrial base project and to supplement working capital [5] - Zhengyu Industrial plans to raise no more than 450 million yuan for the second phase of Zhengyu Intelligent Manufacturing Park and to supplement working capital [6] Equity Transfer - Liangpinpuzi's Ningbo Hanyi plans to transfer 5.10% of its shares to Wanggu Chuangtou at a price of 12.42 yuan per share, totaling 254 million yuan [7] - Dongfang Caifu's shareholder Shen Yougen intends to transfer 1% of the company's shares, with a familial relationship to the actual controller [8] External Investment and Daily Operations - Shangshi Development's wholly-owned subsidiary Quanzhou Shangshi plans to transfer its holdings in the Quanzhou Fengze District Shangshi Haishang project to Quanzhou Kaiyuan's wholly-owned subsidiaries for approximately 2.05 billion yuan [9] - Rik Chemical signed a strategic cooperation framework agreement with Shandong Dongming Petrochemical Group for collaboration in specialized polyethylene powder supply, industry ecosystem building, and new product development [10] - Huadong Pharmaceutical's wholly-owned subsidiary received approval for clinical trials of the injectable HDM2012 drug [11] - Dongrui Co. obtained additional export quotas for live pigs to Hong Kong and Macau for 2025 [12] - Kuaibingtong's largest shareholder Yang Jianxin successfully auctioned 8 million shares [13] - Pulite's subsidiary introduced strategic investor Guoyan No. 1 through capital increase and expansion [14] - Bohui Co. plans to purchase servers, data center facilities, and related services through its wholly-owned subsidiary Wuxi Jizhi Liquid Cooling Technology, with an estimated total amount not exceeding 900 million yuan [15] - Lianhuan Pharmaceutical received approval for clinical trials of the drug Riluzole [16] Performance Changes - Jiabiyou expects a net profit of approximately 107 million yuan for the first half of the year, a year-on-year increase of 57.61%, driven by increased sales of core products ARA and algae oil DHA [17] - Sanhuan Group anticipates a net profit of 1.128 billion to 1.333 billion yuan for the first half of the year, a year-on-year increase of 10% to 30%, with significant sales growth in MLCC products [18] - Shentong Technology reported a net profit of 64.278 million yuan for the first half of the year, a year-on-year increase of 111.09% [19] - Nanjing Gaoke's contract sales reached 820 million yuan for the first half of the year, a year-on-year increase of 824.68% [20]

整理 ｜ 李小霞 去年上半年，泡泡玛特实现营收45.58亿元，同比增长62%；实现归母净利润9.21亿元，同比增长 93.32%；经调整后净利润为10.18亿元，同比增长90.1%。 据此计算，泡泡玛特今年上半年营收或不低于137亿元，归母净利润或超41亿元、经调整后净利润或 超46亿元。 #Big News# 泡泡玛特上半年净利超去年全年 在Labubu带动下成为消费公司顶流的泡泡玛特业绩更是喜人。 7月15日，泡泡玛特发布公告，预期集团上半年营收同比增长不低于200%；预期溢利同比增长不低 于350%。 2024年全年，泡泡玛特实现营收130亿元，经调整净利润为34亿元。这意味着，今年上半年，泡泡 玛特的营收和净利润就超过去年全年水平。 对于今年上半年的业绩大增，泡泡玛特董事会认为主要归于以下原因：(a) 泡泡玛特品牌及旗下IP在 全球认可度进一步提升，多样化的产品品类促进集团收入增长，集团各区域市场收入均实现持续高速 增长；(b) 海外收入占比持续提升，收入结构的变化对毛利、溢利均产生积极影响。同时，规模效应 使溢利显著增加；及(c) 持续优化产品成本，加强费用管控，提升盈利能力。 近日泡泡玛特创始人在 ...

来源丨定焦One（ID：dingjiaoone） 作者丨李梦冉 编辑丨魏佳 停牌五天后，良品铺子易主武汉国资，宣告其创始人时代终结。 7月17日晚，良品铺子发布公告，其控股股东 宁波汉意创业投资合伙企业（有限合伙）（以下简称"宁波汉意"）及其一致行动人 宁波良品投资管理有限公司（以下简称"良品投资"）与武汉长江国际贸易集团有限公司签署股份转让协议 。 此次交易总价款为10.46亿元，股权转让后，长江国贸将持有良品铺子上市公司股份总数的21%。 与此同时，良品铺子的另一股东达永 （今日资本）与长江国贸签署股份转让协议，达永拟以12.34元/股的价格向长江国贸协议 转让其持有的良品铺子上市公司3605万股股份，占股份总数的8.99%。 若两项协议均可顺利执行 ，长江国贸将直接持有良品铺子上市公司1.2亿股股份及对应的表决权， 占 总股本29.99%，总价款为 14.85亿元。 直到接盘方公布，是 长江国贸。 香颂资本执行董事沈萌告诉 「定焦One」 ， 虽然良品铺子近年来的经营表现愈发不佳，但仍是湖北重要的零售品牌上市公司， 由 武汉国资接手 在情理之中 。 | | 本次权益变动前 | | | 本次权益变动后 | ...

Group 1: Water Well Square - The company expects a 14.54% increase in sales volume for the first half of 2025, but anticipates a 12.84% decline in revenue to 1.498 billion yuan [1] - The net profit attributable to shareholders is projected to be 105 million yuan, a decrease of 56.52% compared to the same period last year [1] - The second quarter faced pressure from traditional consumption scenarios such as business banquets, leading to a slowdown in the recovery of shipments [1] Group 2: PepsiCo - PepsiCo reported Q2 2025 net sales of 22.726 billion USD (approximately 164.887 billion yuan) with an operating profit of 1.789 billion USD (approximately 12.98 billion yuan) [2] - The company achieved an organic sales growth of 2.1% [2] - New products such as "Milk Naked Rice Cake" and "Dragon Fruit Dried Fruit" have been introduced in the Chinese market, with the latter quickly entering the top 10 dried fruit list at Sam's Club [2] Group 3: Good Products Shop - The company announced the introduction of Wuhan State-owned Assets as a strategic investor, aiming to enhance global supply chain collaboration and food ecosystem development [3] - This change in control is seen as a strategic upgrade to better respond to the new phase of industry development [3] - The partnership will focus on creating a comprehensive industrial ecosystem through supply chain, brand, and channel collaboration [3] Group 4: KKR Acquisition - KKR's acquisition of Vista International Inc. was completed on July 4, 2025, granting KKR indirect control of 85% of the company [4] - Vista International primarily operates in the beverage sector within China [4] - The company was previously fully owned by an individual before the acquisition [4] Group 5: Starbucks and Fast Food Chains - Starbucks China, Yum China, and McDonald's China participated in the third China International Supply Chain Promotion Expo [5][6] - Starbucks showcased sustainable development innovations, while Yum China launched a development plan focusing on food safety and environmental concerns [6] - McDonald's emphasized its local supply chain partnerships and plans for global expansion [6] Group 6: Zhou Black Duck - The company expects total revenue for the first half of 2025 to be between 1.2 billion and 1.24 billion yuan, reflecting a year-on-year decline of approximately 1.5% to 4.7% [7] - Profit is projected to grow by 55.2% to 94.8%, driven by improved store management and reduced raw material costs [7] Group 7: Xiaobai Xiaobai - The company launched a partner program aimed at retaining and attracting talent by allowing top-performing employees to become store partners [8] - The plan aims to add 50 to 100 partner stores annually [8] - The first batch of 21 partners has already signed agreements, with five stores currently in operation [8] Group 8: BreadTalk - The company clarified that the closure of 11 stores in Chengdu was due to the expiration of franchise agreements, not a broader business failure [9] - The company is working on refunding customers with unspent gift cards and plans to open over 40 new stores [9] Group 9: Quanjude - The company expects a net profit of 11 to 14 million yuan for the first half of 2025, a decline of 52.28% to 62.51% year-on-year [10] - The restaurant industry continues to face significant market pressure, affecting customer traffic and revenue [10] Group 10: Yonghui Supermarket - The company anticipates a net loss of 240 million yuan for the first half of 2025, marking a shift from profit to loss [13] - The loss is attributed to a strategic transformation and the closure of 227 underperforming stores [13] - The company is undergoing significant supply chain reforms to establish a "quality retail" mindset [13]

Core Viewpoint - The strategic investment by Wuhan Financial Holding Group through Changjiang International Trade Group aims to enhance the core competitiveness of Liangpinpuzi for the next decade, marking a significant shift in the company's control structure and strategic direction [2][3]. Company Summary - Liangpinpuzi plans to transfer 72,239,900 shares (18.01% of total shares) from its current controlling shareholder, Ningbo Hanyi Venture Capital, to Changjiang International Trade Group at a price of 12.42 yuan per share [3]. - The actual controller will change to the State-owned Assets Supervision and Administration Commission of Wuhan Municipal People's Government upon completion of the transaction [3]. - The founder, Yang Hongchun, will remain in a senior management position and retain significant shareholder status, ensuring continuity in leadership [3]. Strategic Direction - Liangpinpuzi aims to transition from a "quality snack" brand to a "quality food" operator, focusing on product innovation and supply chain integration [3][4]. - The company has established 14 exclusive raw material bases, enhancing its supply chain advantages and product competitiveness [4]. - The collaboration with state-owned resources is expected to facilitate breakthroughs in supply chain optimization, channel expansion, and research innovation [3][4]. Industry Context - The move reflects a broader trend of state-owned enterprises in Hubei province engaging in mergers and acquisitions, with multiple companies undergoing similar transitions [6]. - The integration of state capital is seen as a means to enhance industrial synergy and optimize resource allocation, thereby improving overall industry competitiveness [7]. - The regulatory environment supports such mergers and acquisitions as a tool for economic transformation and high-quality development [6].