剔除2024年开始任职的财务总监数据之后，薪酬最低的是麦趣尔财务总监许文，仅为1.66万元，许文现年59岁，从2015年8月开始任职。从2022年以来，麦趣尔已经连续亏损三年，从2023年 值得注意的是，白酒作为高毛利的现金奶牛行业，财务总监平均薪酬大幅超过行业均值。去年16家上市白酒公司（数据来源于choice，截止2024年末任期不满1年的不参与统计，包括部分公司 其中年薪超100万的财务总监达到8位，占到一半。年薪超200万的三名财务总监分别是水井坊蒋磊峰（464.75万元）、古井贡酒朱家峰（221.69万元）、金徽酒谢小强（216.85万元）。 薪酬最低的是皇台酒业刘会平，为30.72万元。其次是伊力特财务总监颜军，为42.32万元。 金字火腿CFO周国华年纪最大，达到64岁。周国华目前身兼数职，是金字火腿董事、总裁、财务总监，2021年12月开始担任CFO一职。元祖股份CFO刘政年纪最小，仅32岁，从2023年10月开始 从学历来看，以本科为主，占比达到58%；其次是硕士，达到28%。专科有16名，占比达到12.4%。此外博士有1名，为立高食品财务总监王世佳；中职也有一名，为春雪食品财务总监郝孔臣。 ...

专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股 CFO数据报告》显示，2024年A股上市公司财务总监CFO群体薪酬规模合计达42.70亿元，平均年薪为 81.48万元。 分行业来看，A股市场130家食品行业公司财务总监薪酬均值为77.78万元（剔除一家无薪酬数据公 司），低于市场均值。 从年龄分布来看，40（含）-50岁是主力人群，人数达到71位，占比达到54%；其次是50（含）岁以 上，占比达到37%；30（含）-40的CFO占比仅为9.16%，年龄中位数为48岁。 金字火腿CFO周国华年纪最大，达到64岁。周国华目前身兼数职，是金字火腿董事、总裁、财务总监， 2021年12月开始担任CFO一职。元祖股份CFO刘政年纪最小，仅32岁，从2023年10月开始任职。 从学历来看，以本科为主，占比达到58%；其次是硕士，达到28%。专科有16名，占比达到12.4%。此 外博士有1名，为立高食品财务总监王世佳；中职也有一名，为春雪食品财务总监郝孔臣。 从薪酬来看，A股食品饮料行 ...

截至2025年7月31日收盘，金徽酒股价报18.17元，较前一交易日下跌0.49元，跌幅2.63%。当日成交量 为32656手，成交金额达0.60亿元，振幅为2.89%。 金徽酒属于酿酒行业，是甘肃地区知名白酒企业。公司主要从事白酒的生产与销售，产品包括浓香型、 清香型等多个系列。公司总市值92.17亿元，流通市值与总市值相同。 7月29日公司公告显示，控股股东甘肃亚特投资集团有限公司解除质押1000万股股份，占其所持股份的 8.49%，同时继续质押同等数量股份。本次操作后，亚特集团累计质押股份占其持股比例为75.36%，占 公司总股本17.49%。 7月31日主力资金净流出713.69万元，占流通市值比例为0.08%。 风险提示：股市有风险，投资需谨慎。 ...

值得一提的是，金徽酒财务总监谢小强薪酬达到216.85万元，是仅次于水井坊的白酒公司。 剔除2024年开始任职的财务总监数据之后，薪酬最低的是麦趣尔财务总监许文，仅为1.66万元，许文现年59岁，从2015年8月开始任职。从2022年以来，麦趣尔已经连续亏损三年，从2023年 责任编辑：公司观察 专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股CFO数据报告》显示，2024年A股上市公司财务总监CFO群体薪酬规模合计达42.70亿元，平 分行业来看，A股市场130家食品行业公司财务总监薪酬均值为77.78万元（剔除一家无薪酬数据公司），低于市场均值。薪酬最高的是水井坊CFO蒋磊峰，去年薪酬高达464.75万元。 从年龄分布来看，40（含）-50岁是主力人群，人数达到71位，占比达到54%；其次是50（含）岁以上，占比达到37%；30（含）-40的CFO占比仅为9.16%，年龄中位数为48岁。 金字火腿CFO周国华年纪最大，达到64岁。周国华目前身兼数职，是金字火腿董事、总裁 ...

从学历来看，以本科为主，占比达到58%；其次是硕士，达到28%。专科有16名，占比达到12.4%。此 外博士有1名，为立高食品财务总监王世佳；中职也有一名，为春雪食品财务总监郝孔臣。 从薪酬来看，A股食品饮料行业CFO薪酬总金额为1.01亿元，薪酬均值为77.78万元。 薪酬最高的是水井坊CFO蒋磊峰，去年薪酬高达464.75万元。蒋磊峰现年46岁，从2020年9月开始担任 财务总监一职，目前还担任董事、副总经理等职务。值得一提的的是，蒋磊峰2024年薪酬上涨157.64万 元，其他高管也有所增加，而去年水井坊营收增长5.32%，净利润增长5.69%。 专题：专题|2024年度A股CFO数据报告：美的集团钟铮年薪946万，比亚迪周亚琳896万 作为上市公司核心管理层关键成员，财务总监CFO的地位与作用至关重要。新浪财经《2024年度A股 CFO数据报告》显示，2024年A股上市公司财务总监CFO群体薪酬规模合计达42.70亿元，平均年薪为 81.48万元。 分行业来看，A股市场130家食品行业公司财务总监薪酬均值为77.78万元（剔除一家无薪酬数据公 司），低于市场均值。薪酬最高的是水井坊CFO蒋磊峰，去年薪 ...

Key Points - The controlling shareholder of Jinhui Liquor, Gansu Yate Investment Group, holds 117,726,623 shares, accounting for 23.21% of the total share capital [1] - After the recent pledge and release of shares, Yate Group has pledged a total of 88,723,000 shares, which is 75.36% of its holdings and 17.49% of the total share capital [1] - Yate Group and its concerted party, Longnan Kelite Investment Management Center, collectively hold 143,089,623 shares, representing 28.21% of the total share capital [1] - The recent pledge involves 10,000,000 shares to Gansu Bank, with a financing period from July 25, 2025, to July 25, 2028 [2] - There are no significant asset restructuring or performance compensation guarantees associated with this pledge [3] - Yate Group and its concerted party have no pledged shares maturing in the next six months to one year, indicating good repayment capability [4] - The pledge will not lead to a change in the actual control of the company and will not affect its main business, financing costs, or operational capabilities [5]

证券代码:603919 证券简称:金徽酒 公告编号:临 2025-028 金徽酒股份有限公司 重要内容提示： 截至本公告披露日，金徽酒股份有限公司（简称"金徽酒""公司"）控股股 东甘肃亚特投资集团有限公司（简称"亚特集团"）持有公司股份 117,726,623 股，占 公司总股本的 23.21%。本次解除质押及继续质押后，亚特集团累计质押公司股份 88,723,000 股，占其持有公司股份总数的 75.36%，占公司总股本的 17.49%。 亚特集团及其一致行动人陇南科立特投资管理中心(有限合伙)（简称"陇南 科立特"）合计持有公司股份 143,089,623 股，占公司总股本的 28.21%；本次股份质押 后，亚特集团及其一致行动人累计质押公司股份 88,723,000 股，占亚特集团及其一致 行动人持有公司股份总数的 62.01%，占公司总股本的 17.49%。 公司于 2025 年 7 月 29 日收到亚特集团通知，亚特集团将质押给甘肃银行股份有 限公司徽县支行（简称"甘肃银行"）的金徽酒股份 10,000,000 股解除质押并办理了 继续质押手续。现将具体情况公告如下： 一、股份解除质押情况 关于控 ...

Core Viewpoint - The report on Jinhuijiu (603919) indicates a significant adjustment in the liquor industry, with a downward revision of the target price to 22.0 yuan and a recommendation to hold the stock [1] Industry Overview - The liquor industry is undergoing a deep adjustment phase characterized by "policy adjustments, consumption structure transformation, and stock competition" [2] - In Q1 2025, liquor production continued to shrink, with a year-on-year decline of 7.1%, and the main sales price range has shifted from 300-500 yuan to 100-300 yuan [2] - Many liquor companies are experiencing pressure on revenue and profits in Q2 2025, with traditional consumption scenarios like business banquets facing ongoing challenges [2] Company Performance - Jinhuijiu's revenue and net profit have shown steady growth, with a compound annual growth rate (CAGR) of +11.0% for revenue and +9.9% for net profit from 2015 to 2024 [2] - The company aims for total revenue of 3.28 billion yuan in 2025, representing an 8.6% year-on-year increase, and a net profit of 410 million yuan, up 5.2% year-on-year [2] - The product structure has shifted towards high-end products, with the high-end series (above 300 yuan) increasing its share from less than 15% in 2022 to 18.8% in 2024 [3] Market Dynamics - In Q1 2025, domestic revenue growth was only +1.1%, significantly down from +16.1% in 2024, while external revenue grew by +9.5%, slower than the +14.7% growth in 2024 [3] - The company is focusing on refined channel operations in the domestic market and strengthening banquet scene binding to avoid inventory buildup [3] Profit Forecast and Investment Recommendations - The company is expected to have a dividend payout ratio of 64.0% in 2024, with a dividend yield of 2.6%, the highest since its listing [4] - Revenue projections for 2025-2027 are 3.3 billion, 3.7 billion, and 4.3 billion yuan, with corresponding net profits of 400 million, 500 million, and 500 million yuan [4] - The company is assigned a target price of 22 yuan for 2025, based on a 27x price-to-earnings ratio [4]

Investment Rating - The report maintains an "OUTPERFORM" rating for Jinhui Liquor with a target price of Rmb 22.00, indicating an expected upside from the current price of Rmb 18.92 [2][5]. Core Insights - The baijiu industry is undergoing a deep adjustment phase characterized by policy changes, consumption structure transformation, and intensified competition. The production in Q1 2025 saw a year-on-year decline of 7.1%, with a shift in consumer focus towards lower price bands [3][11]. - Jinhui Liquor has set a pragmatic growth target for FY25, aiming for total revenue of Rmb 3.28 billion (+8.6% year-on-year) and net profit of Rmb 410 million (+5.2% year-on-year), aligning with industry trends [3][14]. - The company's product structure is evolving, with a notable increase in the high-end segment (over Rmb 300) from less than 15% in FY22 to 18.8% in FY24, while the low-end segment is contracting significantly [4][12]. Financial Performance Summary - Revenue projections for Jinhui Liquor are Rmb 3.3 billion in 2025, Rmb 3.7 billion in 2026, and Rmb 4.3 billion in 2027, with corresponding net profits of Rmb 400 million, Rmb 500 million, and Rmb 500 million [5][14]. - The company’s gross profit margin is expected to remain stable around 60%, with a gradual increase in return on equity (ROE) from 11.7% in 2025 to 13.5% in 2027 [10][14]. - The dividend payout ratio for FY24 is projected at 64.0%, with a dividend yield of 2.6%, marking a record high since the company’s listing [5][14]. Market Dynamics - The provincial market for Jinhui Liquor showed a modest growth of 1.1% year-on-year in Q1 2025, significantly down from 16.1% in FY24, while the extra-provincial market grew by 9.5% [4][13]. - The company is focusing on refining its channel operations within the provincial market and expanding its presence in Gansu, Qinghai, and Xinjiang as core bases for growth [4][13].

Group 1 - The core viewpoint of the articles highlights the strategic partnership between Jinhui Liquor and the 2025 24th International Road Cycling Race in Qinghai, emphasizing the brand's commitment to high-altitude sports and ecological values [1][2] - Jinhui Liquor not only sponsored the event but also integrated its brand spirit into the race, showcasing its commitment to promoting a healthy lifestyle and ecological awareness through various promotional activities [1][2] - The event, known for being the highest and most challenging road cycling competition globally, featured a total distance of 1,400 kilometers over eight days, culminating in the victory of the Kazakhstan team [1] Group 2 - The collaboration between Jinhui Liquor and the cycling race reflects a deep resonance with sustainable development principles, aligning with the ecological achievements showcased during the event [2] - Jinhui Liquor's focus on ecological brewing and its promotion of a lifestyle characterized by "noble taste, excellent quality, and organic health" were effectively communicated through this partnership [2] - The participation in the cycling race is a crucial step in Jinhui Liquor's strategy to expand its market presence in Qinghai, enhancing its brand influence and solidifying its foundation in the region [2]