Core Viewpoint - The company, Taoli Bread, announced the approval of several proposals, including the revision and cancellation of the supervisory board, during its first extraordinary shareholders' meeting of 2025 [2] Group 1 - The extraordinary shareholders' meeting took place on September 2 [2] - The company is making significant governance changes by revising and canceling the supervisory board [2]

证券代码：603866 证券简称：桃李面包 公告编号：2025-051 桃李面包股份有限公司 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 (一)股东会召开的时间：2025 年 9 月 2 日 (二)股东会召开的地点：沈阳桃李面包有限公司会议室，沈阳市沈河区青年大街 (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： 份总数的比例（%） 61.3379 (四)表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次股东会由公司董事会召集，采取现场投票和网络投票相结合的方式召开， 公司董事长因公未能出席本次会议，由半数以上董事共同推举董事盛龙主持本次 会议。本次会议的召集、召开及表决方式符合《公司法》和《公司章程》等有关 法律、法规及规范性文件的规定。 (五)公司董事和董事会秘书的出席情况 女士因公未能出席本次会议，已授权委托其他股东代为表决；公司独立董事 侯强先生、魏弘女士出席本次会议； 二、 议案审议情况 (一)非累 ...

【RAMPE】HANDS | GENTE | AIND | F.211 | X, JA | ANTRE | ANNING | HISA | GIDABING | STATE | GRASSO | IDE AN | BILLS | BHL 01 NG | 1972: [UNINAS |FINANO | VINANO | VINCE | DN LA | EINGE (NORIS) | NORTS | MORID | STEARLEM | NJE YOK | NALYSI | | Cathydia 国浩律师(深圳)事务所 关于 法律意见书 GLG/SZ/A1948/FY/2025-1043 致:桃李面包股份有限公司 国浩律师(深圳)事务所（以下简称"本所"）接受桃李面包股份有限公司 (以下简称"贵公司"或者"公司")委托,指派本所律师出席了贵公司 2025 年第一次临时股东会(以下简称"本次股东会")。现根据《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》"）和中国证券监督管理委员会发布的《上市公司股东会规则》（以下简 称"《股东会规则》"）、《上市公司治理准则 ...

(一)股东会召开的时间：2025 年 9 月 2 日 (二)股东会召开的地点：沈阳桃李面包有限公司会议室，沈阳市沈河区青年大街 1-1 号沈阳市府恒隆广场办公楼 1 座 4005-4010 单元 (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： | 1、出席会议的股东和代理人人数 | 453 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 981,235,394 | | 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（%） | 61.3379 | 证券代码：603866 证券简称：桃李面包 公告编号：2025-051 桃李面包股份有限公司 2025年第一次临时股东会决议公告 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 (四)表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况等。 本次股东会由公司董事会召集，采取现场投票和网络投票相结合的方式召开， 公司 ...

Market Overview - The leisure food sector experienced a decline of 1.24% on September 2, with Ziyan Food leading the drop [1][2] - The Shanghai Composite Index closed at 3858.13, down 0.45%, while the Shenzhen Component Index closed at 12553.84, down 2.14% [1] Individual Stock Performance - Ziyan Food's stock price fell by 6.72% to 23.75, with a trading volume of 66,300 shares and a transaction value of 162 million yuan [2] - Other notable declines include: - Ximai Food down 2.82% to 21.40 - Guifaxiang down 2.81% to 12.82 - Three Squirrels down 2.43% to 26.11 [2] Trading Volume and Capital Flow - The leisure food sector saw a net outflow of 262 million yuan from main funds, while retail investors contributed a net inflow of 253 million yuan [2][3] - The trading volume for various stocks included: - Taoli Bread with a closing price of 5.69 and a trading volume of 250,700 shares [1] - Yanzhu Co. with a closing price of 13.17 and a trading volume of 44,400 shares [1] Capital Inflow Analysis - Main funds showed a net inflow in stocks like Taoli Bread (10.27 million yuan) and Youyou Food (3.91 million yuan) [3] - Conversely, stocks like Black Sesame and Maiqu'er experienced net outflows of -20.11 million yuan and -203.98 million yuan, respectively [3]

Core Viewpoint - The rise of Ciabatta bread in China reflects significant changes in the baking industry, including the trends of pre-packaged retail, the main food transformation of baked goods, and the health-consciousness of consumers [25][26]. Group 1: Rise of Ciabatta - Ciabatta, originally a traditional Italian bread, has gained popularity in China, transitioning from niche high-end bakeries in cities like Beijing and Shanghai to mainstream consumer markets [5][7]. - Major pre-packaged baking companies, such as Taoli Bread and Man Keton, have recently launched Ciabatta products, indicating its entry into a larger market and potential to become a leading industry item [5][11]. - The health-oriented attributes of Ciabatta, such as high water content and simple ingredients, have made it appealing to health-conscious consumers, particularly those focused on fitness and low-sugar diets [7][19]. Group 2: Retail Transformation - The trend of retailing baked goods is reshaping the baking industry, with offline dining and packaged foods influencing each other [12][13]. - Pre-packaged products like bagels have successfully transitioned from in-store to retail, breaking the limitations of "freshly baked" sales [13][15]. - New retail platforms, including Sam's Club and Hema, are leveraging their cold chain and delivery networks to promote baked goods, which serve as key products for attracting customers [16][17]. Group 3: Main Food Transformation - Baked goods are increasingly being integrated into main meal scenarios, moving beyond traditional roles as breakfast or snack items [18][20]. - Ciabatta and bagels are becoming popular as meal substitutes, aligning with modern consumer preferences for convenience and health [19][20]. - The trend of main food transformation in baked goods aligns with similar developments in markets like Japan and the U.S., where bread has become a staple food [21]. Group 4: Health and Taste - The baking industry is now focused on creating products that balance health and taste, with consumers demanding both attributes [22][24]. - Local innovations in Ciabatta recipes, such as incorporating local ingredients, have contributed to its success in the Chinese market [24]. - The evolution of Ciabatta's formulation in China, including increased water content and olive oil, reflects a shift towards meeting local consumer preferences [24].

Market Overview - The leisure food sector increased by 0.05% on September 1, with Qiaqia Food leading the gains [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Top Gainers in Leisure Food Sector - Zhizhi Food (002557) closed at 23.17, up 3.58% with a trading volume of 165,300 shares and a turnover of 385 million yuan [1] - Haoxiangni (002582) closed at 10.70, up 3.48% with a trading volume of 375,400 shares and a turnover of 401 million yuan [1] - Liangpinpuzi (603719) closed at 13.62, up 3.10% with a trading volume of 126,000 shares and a turnover of 170 million yuan [1] Top Losers in Leisure Food Sector - Wancheng Group (300972) closed at 204.70, down 3.35% with a trading volume of 65,500 shares and a turnover of 1.337 billion yuan [2] - Chongwu Food (603057) closed at 25.46, down 2.26% with a trading volume of 50,600 shares and a turnover of 130 million yuan [2] - Youyou Food (603697) closed at 13.82, down 2.12% with a trading volume of 225,800 shares and a turnover of 314 million yuan [2] Capital Flow Analysis - The leisure food sector experienced a net outflow of 2.3567 million yuan from institutional investors, while retail investors saw a net inflow of 14.3 million yuan [2][3] - Major stocks like Zhizhi Food had a net inflow of 63.1025 million yuan from institutional investors, despite a net outflow from retail investors [3] - The overall trend indicates a mixed sentiment among different types of investors within the leisure food sector [3]

Market Overview - The Shanghai Composite Index is at 3862.74 points, above the six-month moving average, with a gain of 0.50% [1] - The total trading volume of A-shares is 135.22 billion yuan [1] Stocks Breaking the Six-Month Line - A total of 67 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Lingge Technology: 4.28% deviation, closing at 27.72 yuan, up 7.86% [1] - Guansheng Co.: 4.22% deviation, closing at 38.40 yuan, up 5.03% [1] - Xiangyuan New Materials: 4.05% deviation, closing at 24.61 yuan, up 4.90% [1] Additional Stocks with Deviation Rates - Other stocks with notable performance include: - Jiusheng Electric: 3.84% deviation, closing at 19.14 yuan, up 4.53% [1] - Yili Co.: 3.84% deviation, closing at 29.00 yuan, up 4.73% [1] - Shanjin International: 2.67% deviation, closing at 19.66 yuan, up 3.47% [1] Summary of Stocks with Smaller Deviation Rates - Stocks with smaller deviation rates that just crossed the six-month line include: - Dongfang Ocean, ST Huawen, and Wencan Co. [1]

Core Points - The company announced the approval of several significant corporate actions during its seventh board meeting, including a capital reduction for its wholly-owned subsidiary, Haikou Taoli Trading Co., Ltd., the dissolution of Baotou Taoli Food Co., Ltd., and an increase in capital for Tianjin Taoli Food Co., Ltd. [1]

Core Viewpoint - The company is restructuring its subsidiaries to optimize resource allocation and reduce management costs while supporting business expansion in a specific subsidiary [1] Group 1: Subsidiary Restructuring - The company plans to reduce the registered capital of its wholly-owned subsidiary Haikou Taoli Trading Co., Ltd. by 7 million yuan, decreasing its registered capital from 8 million yuan to 1 million yuan [1] - The company intends to dissolve its wholly-owned subsidiary Baotou Taoli Food Co., Ltd. [1] - The company will increase the capital of Tianjin Taoli Food Co., Ltd. by 100 million yuan, raising its registered capital from 50 million yuan to 150 million yuan [1] Group 2: Financial Performance of Subsidiaries - In the first half of 2025, Haikou Taoli reported a net profit of 341,100 yuan and total assets of 4.1385 million yuan [1] - Baotou Taoli reported a net profit of 420,000 yuan and total assets of 10.6439 million yuan [1] - Tianjin Taoli reported a net profit of 14.283 million yuan and total assets of 190.9694 million yuan [1] Group 3: Strategic Intent - The company's measures aim to align with business scale, reduce management costs, and enhance overall profitability through the capital increase in Tianjin Taoli [1]