累计担保情况 证券代码：603719 证券简称：良品铺子 公告编号：2026-001 良品铺子股份有限公司 关于为全资子公司提供银行授信担保的进展公告 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： 担保对象及基本情况 | 被担保人名称 | | | 本次担保金额 | | 实际为其提供的 担保余额（不含 本次担保金额） | | 是否在前期 预计额度内 | 本次担保是 否有反担保 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 湖北 | 良品 | 铺子 | | | | | | | | 食品 | 工业 | 有限 | 1.50 | 亿元 | 37,503.15 | 万元 | 是 | 否 | | 公司 | | | | | | | | | | 对外担保逾期的累计金额（万元） 0 | | | --- | --- | | 截至本公告日上市公司及其控股子 | 37,503.15 | | 公司对外担保总额（万元） | | | 对外担保总额占上市公司最近一期 经 ...

Group 1 - The leisure food sector increased by 0.56% on January 5, with "Hao Xiang Ni" leading the gains [1] - The Shanghai Composite Index closed at 4023.42, up 1.38%, while the Shenzhen Component Index closed at 13828.63, up 2.24% [1] - Key stocks in the leisure food sector showed various performance, with "Hao Xiang Ni" closing at 11.40, up 3.17%, and "Yan Jin Pu Zi" at 70.40, up 3.06% [1] Group 2 - The leisure food sector experienced a net outflow of 29.76 million yuan from institutional funds, while retail investors saw a net inflow of 51.79 million yuan [2] - "Xi Mai Food" and "Yuan Zu Co." were among the stocks that faced declines, with "Xi Mai Food" down 5.16% to 26.67 [2] - The trading volume and turnover for various stocks in the sector varied, with "Hao Xiang Ni" achieving a turnover of 367 million yuan [1][2] Group 3 - "Yan Jin Pu Zi" had a significant net outflow of 33.46 million yuan from institutional funds, while "Tao Li Mian Bao" saw a net inflow of 12.77 million yuan [3] - "Liang Pin Pu Zi" and "Gan Yuan Food" also recorded net inflows from retail investors, indicating some interest despite overall sector outflows [3] - The data reflects a mixed sentiment in the leisure food sector, with some stocks attracting retail interest while facing institutional selling pressure [3]

马年新春将至，年货市场暖意渐浓。今年，良品铺子以"好产地迎彩头"为年货节核心主题，坚守"好原 料造就好味道"的价值主张，将遍布大江南北的优质物产凝练成春节好礼，既串联起中国风土的多样风 味，又承载着传统文化的吉祥寓意，更彰显着深耕产业链的责任与担当，为团圆时刻绘就一幅风味与福 气交织的中国年图景。 广袤华夏的名山大川，孕育着各具风情的地道物产。良品铺子的年货清单，恰似一幅鲜活的中国风味地 图，每款产品都镌刻着专属的风土印记。吉林长白山的原始森林中，百年红松结出的果实经低温慢烘， 化作酥脆饱满的有机香烤红松，封存着森林的纯净；云南德宏的黄金产区滋养出奶香浓郁的有机夏威夷 果，普洱西盟的富硒红土更让其实现"健康超越"，凤庆高山的有机核桃则以低涩回甜诠释原生风味。浙 江诸暨的有机臻品香榧，1500斤鲜果仅出300斤干货，历经漫长生长周期沉淀出独特回甘；河北迁西的 有机手剥甘栗甜糯金黄，保定小白杏清甜脆嫩，每一口都是山河的馈赠。这些核心产区的原料，经精心 种植、人工采摘等工艺，保留了本真的自然之味。 在中国年节文化中，食物始终承载着美好期许。通过深入溯源原产地，良品铺子将我国的南北珍味，都 打包在这份厚重的年礼中，也 ...

Core Viewpoint - The leisure food sector experienced a slight increase of 0.02% on December 26, with Wancheng Group leading the gains, while the overall market indices also showed positive movement [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3963.68, up by 0.1% [1]. - The Shenzhen Component Index closed at 13603.89, up by 0.54% [1]. - Key stocks in the leisure food sector showed varied performance, with Wancheng Group closing at 202.40, up by 1.64% [1]. Group 2: Stock Performance Summary - Wancheng Group (300972) led the sector with a closing price of 202.40 and a gain of 1.64% [1]. - Other notable performers included Ximai Food (002956) at 27.08, up by 1.27%, and Laiyifen (603777) at 14.39, also up by 1.27% [1]. - Stocks such as Good Idea (002582) and Guilin Faxiang (002820) saw slight declines of 0.28% and 0.32%, respectively [1]. Group 3: Capital Flow Analysis - The leisure food sector saw a net outflow of 55.17 million yuan from institutional investors, while retail investors contributed a net inflow of 48.18 million yuan [2]. - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed interest [2]. Group 4: Individual Stock Capital Flow - Laiyifen (603777) experienced a significant net outflow of 42.53 million yuan from institutional investors, indicating a bearish sentiment [3]. - Wancheng Group (300972) had a net inflow of 2.78 million yuan from retail investors, suggesting some level of support from individual investors [3]. - Ximai Food (002956) saw a net inflow of 3.03 million yuan from institutional investors, reflecting positive interest [3].

这场股权转让纠纷的源头可追溯至今年年中。良品铺子控股股东宁波汉意曾先后与两家国资背景的企业 接触并签署相关协议，这直接导致了后续的法律冲突。 2025年5月，宁波汉意与广州轻工签署《合作协议书》，约定广州轻工拟受让宁波汉意持有的良品铺子 股份。然而，仅两个月后的7月17日，良品铺子发布公告称，宁波汉意拟将其持有的股份转让给武汉国 资旗下的长江产业投资集团（即长江国贸），若交易完成，公司控制权将发生变更。 南方财经记者伍素文实习生王颢琪广州报道 这一变动引发了广州轻工的法律反击。7月，广州轻工向法院提起诉讼，主张宁波汉意违约，并申请冻 结宁波汉意持有的约7976.4万股股份。广州轻工要求宁波汉意继续履约，将持有的良品铺子股份有限公 司的7976.4万股股份，按照每股12.42 元的价格转让给原告，并支付协议约定的违约金500万元等，涉案 金额为9.96亿元。 广州轻工集团起诉良品铺子（603719.SH）控股股东的股权纠纷目前仍处于司法程序阶段，随着事件迎 来新进展，这家休闲食品头部企业的"卖身"走向似乎更加明朗。 8月，广州轻工对宁波汉意的诉讼再次升级。除了要求其继续履行9.91亿元的股份交易总价款外，需支 ...

在"所有行业都值得用AI再做一遍"的声音下，广告营销行业一马当先，冲在了最前面。 然而，风浪越大步伐就越容易踉跄。在使用AI降本增效的过程中，人与工具、创意与算法的磨合涌现出不少"翻车"现场。一起来看看，2025年都有哪些广 告主，在用AI降本增"笑"？ 作品：谷歌超级碗AI广告 品牌：谷歌 黑榜理由：全球超过一半的奶酪消费是高达奶酪，谷歌你不要face的？ 2025年AI广告的第一个大型"翻车"现场出现在美国"超级碗"的舞台上，主角是谷歌。谷歌原本是想通过50个小微企业案例，展示自家人工智能Gemini AI 如何助力商家实现经营增长。但在某个案例中，有一处"全球超过一半的奶酪消费是高达奶酪"的文案引发网友质疑。最终该信息被证明为不实信息，是 Gemini AI援引SEO相关数据生成。 图源小红书 作品：六个手指给你点赞 品牌：Asiaray 黑榜理由：六指点赞，真"恐怖谷"来了！ 今年3月，Asiaray在昆明机场投放的一则大屏广告引发公众的强烈不适与批评。海报中，五官比例严重失调的女孩咧嘴大笑的，她向路人点赞的右手长了 6根手指，且有5根手指是粘连在一起，让网友直呼"被AI广告霸凌"。 图源小红书 作品 ...

证券代码：603719 证券简称：良品铺子 公告编号：2025-051 良品铺子股份有限公司 2025年第一次临时股东大会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 227 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 234,106,582 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 58.3806 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由公司董事会召集，董事长程虹先生主持，会议采用现场结合 (一) 股东大会召开的时间：2025 年 12 月 24 日 (二) 股东大会召开的地点：公司 5 楼会议室（武汉市东西湖区金银湖航天路 1 号良品大厦 (三) 出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 通讯的方式召开，采用现场投票和网络投票相结合 ...

北京市金杜（广州）律师事务所 关于良品铺子股份有限公司 2025 年第一次临时股东大会的法律意见书 致：良品铺子股份有限公司 北京市金杜（广州）律师事务所（以下简称本所）接受良品铺子股份有限公司 （以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券法》） 《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会《上 市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下简 称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门特别 行政区及中国台湾省）现行有效的法律、行政法规、规章和规范性文件和现行有效 的公司章程有关规定，指派律师出席了公司于2025年12月24日召开的2025年第一 次临时股东大会（以下简称本次股东大会），并就本次股东大会相关事项出具本法 律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限于： 1 1. 经公司2023年年度股东大会审议通过的《良品铺子股份有限公司章程》（以 下简称《公司章程》）； 2. 公司于2025年12月9日刊登于《中国证券报》《上海证券报》《证券时报》 《证券日报》、巨潮资讯网及上海 ...

Core Viewpoint - The ownership transfer of the snack food company, Liangpinpuzi, has become uncertain due to a lawsuit initiated by Guangzhou Light Industry against its controlling shareholder, Ningbo Hanyi, seeking to terminate a previously signed equity transfer agreement and claiming over 20 million yuan in damages [1][2]. Group 1: Legal Dispute - Guangzhou Light Industry has changed its legal request from enforcing the equity transfer agreement to seeking its termination and compensation of approximately 20.74 million yuan [2][3]. - The lawsuit involves a request for the court to freeze assets worth 40 million yuan, including 3,267,974 unpledged shares of Liangpinpuzi held by Ningbo Hanyi [2]. - The initial lawsuit sought to compel Ningbo Hanyi to transfer shares at a price of 12.42 yuan per share, but the focus has shifted to seeking damages instead [3]. Group 2: Ownership Change - Liangpinpuzi announced plans to introduce a strategic investor from Wuhan, with a total transaction value of approximately 1.046 billion yuan, which would change its controlling shareholder from Ningbo Hanyi to Changjiang International Trade Group [4][5]. - The change in control is seen as a strategic move to optimize the company's equity structure and enhance its long-term development [5]. - The ongoing legal dispute has created uncertainty regarding the completion of the ownership transfer to the Wuhan state-owned enterprise [6]. Group 3: Financial Performance - Liangpinpuzi's revenue has shown a declining trend, with figures of 9.324 billion yuan, 9.44 billion yuan, and 8.046 billion yuan from 2021 to 2023, and a projected revenue of 7.159 billion yuan for 2024 [7]. - The company reported a net profit loss of 46.1 million yuan for 2024, with a significant decline in revenue and profit in the first three quarters of 2025 [7]. - The decline in performance is attributed to the closure of inefficient stores, increased online channel costs, and reduced income from interest and government subsidies [7][8].

Core Insights - The leisure food market continues to face significant pressure in Q3, with many companies experiencing declines in both revenue and net profit, often exceeding 20% year-on-year in net profit [1][3] - Companies that previously thrived on e-commerce benefits are now struggling with transformation pains, compounded by external market pressures and internal structural issues [1][4] Group 1: Financial Performance - Three Squirrels reported a revenue of 7.759 billion yuan in the first three quarters, an increase of 8.22% year-on-year, but its net profit plummeted by 52.91% to 161 million yuan [3] - Laiyifen's revenue grew by 13.12% year-on-year, yet its net loss surged by 194.06% to 125 million yuan [3] - Liangpinpuzi faced a severe decline, with a revenue of 4.14 billion yuan, down 24.45% year-on-year, and a net profit loss of 1.22 billion yuan, a staggering drop of 730.83% [3] Group 2: Market Dynamics - The decline in traffic benefits has led to increased customer acquisition costs, making marketing expenses a heavy burden for companies [4] - The shift in consumer decision-making from chasing viral products to valuing product quality, health attributes, and brand values has disrupted the growth foundation of these brands [4][8] - The leisure food market is transitioning from incremental competition to stock competition, necessitating brands to reconstruct their growth logic for sustainable development [4] Group 3: Channel Challenges - Traditional snack brands have struggled to find new growth avenues through channel transformations, with many initiatives yielding disappointing results [5] - Brands have attempted to expand offline channels but faced challenges such as store closures and unsuccessful partnerships [5][6] - The lack of a cohesive operational system that aligns online and offline channels has hindered performance, with online revenue growth slowing significantly [6] Group 4: Product and Supply Chain Issues - Product homogenization remains a core issue, with many brands offering similar products, leading to diminished brand differentiation and pricing power [7][8] - The reliance on a light-asset model and external manufacturing has weakened brands' control over quality and supply chain resilience [7][9] - Rising raw material costs have significantly impacted profit margins, with brands struggling to pass on these costs to consumers [9][10] Group 5: Organizational Challenges - Many brands face organizational inertia, with outdated team structures hindering their ability to adapt to new market demands [14][15] - The integration of new talent and ideas into traditional structures has proven difficult, leading to internal conflicts and slow responses to market changes [16] - The need for a comprehensive transformation in thinking, organization, and business models is critical for brands to navigate the current challenges [18]