证券简称：味知香 证券代码：605089 上海荣正企业咨询服务（集团） 股份有限公司 关于 苏州市味知香食品股份有限公司 2025 年股票期权激励计划（草案） 之 独立财务顾问报告 2025 年 4 月 | （二）咨询方式 24 | | --- | 3 / 24 二、声明 本独立财务顾问对本报告特作如下声明： （一）本独立财务顾问报告所依据的文件、材料由味知香提供，本激励计 划所涉及的各方已向独立财务顾问保证：所提供的出具本独立财务顾问报告所 依据的所有文件和材料合法、真实、准确、完整、及时，不存在任何遗漏、虚 假或误导性陈述，并对其合法性、真实性、准确性、完整性、及时性负责。本 独立财务顾问不承担由此引起的任何风险责任。 （二）本独立财务顾问仅就本激励计划对公司股东是否公平、合理，对股 东的权益和上市公司持续经营的影响发表意见，不构成对公司的任何投资建议， 对投资者依据本报告所做出的任何投资决策而可能产生的风险，本独立财务顾 问均不承担责任。 （三）本独立财务顾问未委托和授权任何其它机构和个人提供未在本独立 财务顾问报告中列载的信息和对本报告做任何解释或者说明。 （四）本独立财务顾问提请上市公司全体股东认真 ...

Financial Performance - The company's operating revenue for 2024 was CNY 672,036,337.59, a decrease of 15.90% compared to CNY 799,122,793.61 in 2023[20]. - Net profit attributable to shareholders for 2024 was CNY 87,528,518.86, down 35.36% from CNY 135,415,522.88 in 2023[20]. - Basic earnings per share for 2024 decreased by 34.69% to CNY 0.64, compared to CNY 0.98 in 2023[21]. - The weighted average return on equity for 2024 was 7.09%, a decrease of 3.88 percentage points from 10.97% in 2023[21]. - Cash flow from operating activities for 2024 was CNY 104,171,368.15, down 39.41% from CNY 171,925,104.81 in 2023[20]. - The company's total assets at the end of 2024 were CNY 1,349,986,490.07, a decrease of 2.21% from CNY 1,380,484,355.76 at the end of 2023[20]. - The net assets attributable to shareholders at the end of 2024 were CNY 1,221,048,267.56, down 3.79% from CNY 1,269,178,496.34 at the end of 2023[20]. - The company's main business revenue was ¥663,440,872.62, a decline of 15.82% compared to the previous year[48]. - The gross profit margin for the overall business was 25.20%, which represents a decrease of 1.16 percentage points year-on-year[50]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 3.60 per 10 shares to all shareholders, totaling approximately RMB 49.18 million (including tax) based on 136,619,948 shares eligible for distribution[4]. - The cash dividend amount represents 56.19% of the net profit attributable to ordinary shareholders, which is RMB 87,528,518.86[127]. - The cumulative cash dividend over the last three fiscal years amounts to RMB 224,817,144.88, with an average annual net profit of RMB 122,040,549.19, resulting in a cash dividend ratio of 184.22%[129]. - The company plans to prioritize cash dividends in profit distribution, with a minimum of 80% for mature stages without major capital expenditures[121]. - The board of directors is required to consider the timing, conditions, and minimum ratio for cash dividends, ensuring independent directors can express their opinions on potential impacts to shareholders[125]. Corporate Governance - The board of directors held 7 meetings during the reporting period, reviewing 43 proposals to ensure effective governance and decision-making[89]. - The supervisory board convened 6 meetings and approved 20 proposals, maintaining oversight of financial and operational compliance[89]. - The company has established a robust governance structure with a focus on transparency and accountability[95]. - The company has not disclosed any significant differences in governance compared to regulations set by the China Securities Regulatory Commission[90]. - The company has maintained a stable shareholding structure with no significant changes among independent directors and supervisors[94]. Risk Management - The company has outlined potential risks in its future development, which are detailed in the management discussion and analysis section of the report[5]. - The company’s future plans and strategies are subject to investment risks, and investors are advised to be cautious[5]. - The company faces market demand risks due to potential adverse changes in macroeconomic conditions or consumer preferences, which could severely affect sales and profits[85]. - The company has a strong competitive advantage in channels, branding, products, and R&D, but intensified market competition could threaten its core competitiveness and profitability if not addressed through continuous innovation[86]. Environmental Responsibility - The company has not faced any administrative penalties related to environmental issues during the reporting period and complies with national environmental protection standards[135]. - The company has implemented measures to reduce carbon emissions, including the use of energy-saving lighting and optimizing production processes to enhance automation efficiency[138]. - The company has established a comprehensive food safety management system and has not experienced any food safety incidents since its inception, although risks remain in various processes from raw material procurement to product sales[85]. - All solid waste generated by the company is properly disposed of by qualified companies, ensuring no secondary pollution to the environment[136]. Product Development and Market Strategy - The company has established six major product series with over 300 products, focusing on high-quality ingredients and food safety without preservatives[33]. - The company has developed a diverse distribution channel strategy, including partnerships with well-known supermarkets and catering businesses, to expand market reach[30]. - The company has introduced new products such as fan bones, golden jade shrimp cakes, and waist flowers, catering to the changing cooking methods and consumption scenarios of younger consumers[31]. - The company is committed to continuous innovation and upgrading in the pre-prepared food sector to meet the evolving demands of consumers[34]. - The pre-prepared food industry is experiencing rapid growth, driven by changing consumer preferences for diverse and high-quality food options[33]. Employee Development - The company has focused on employee development through a comprehensive learning and development system, enhancing professional skills and company culture[32]. - The company has implemented a salary management system that links employee income to individual performance and company efficiency, promoting a competitive and fair compensation structure[117]. - The company has established a training management system to enhance employee skills and professional knowledge, including various training programs for new hires and ongoing staff development[119]. Financial Management - The company has a cash dividend policy that mandates a minimum of 10% of the distributable profit to be allocated as cash dividends each year[120]. - The company plans to enhance brand strength through systematic research and optimization, focusing on market positioning and differentiation[83]. - The company is actively pursuing mergers and acquisitions to strengthen its market position[95]. - The company will strengthen the management of raised funds and accelerate the construction of investment projects to enhance future profitability and investor returns[176]. Shareholder Relations - The company conducted 3 online performance briefings to enhance communication with investors, demonstrating a commitment to investor relations management[89]. - The company will communicate with shareholders, especially minority shareholders, to gather their opinions before the annual general meeting to discuss the profit distribution plan[123]. - The company is committed to improving its financial performance and shareholder value in the upcoming fiscal year[95].

苏州市味知香食品股份有限公司董事会 2025 年 4 月 25 日 董事会关于独立董事独立性情况的专项意见 根据《上市公司独立董事管理办法》《上海证券交易所上市公司自律监管指 引第 1 号——规范运作》《公司章程》及《独立董事工作制度》等相关要求，并 结合独立董事出具的《独立董事独立性自查报告》，苏州市味知香食品股份有限 公司（以下简称"公司"）董事会就公司在任独立董事出具的独立性自查情况进 行评估并出具如下专项意见： 经核查独立董事肖波先生、李金桂先生的任职经历以及签署的相关自查文 件，公司董事会认为上述人员未在公司担任除独立董事以外的任何职务，也未 在公司主要股东单位担任任何职务，与公司以及主要股东之间不存在利害关系 或其他可能妨碍其进行独立客观判断的关系，不存在影响独立董事独立性的情 况。因此，公司独立董事符合《上市公司独立董事管理办法》《上海证券交易所 上市公司自律监管指引第 1 号——规范运作》等相关法律法规以及《公司章程》 中对独立董事独立性的相关要求。 苏州市味知香食品股份有限公司 ...

苏州市味知香食品股份有限公司 2024 年度独立董事述职报告 （一）出席会议情况 2024 年任职期间，公司共召开了 2 次董事会、1 次股东大会，本人在任职期 间无缺席董事会、股东大会会议的情形。 苏州市味知香食品股份有限公司 2024 年度独立董事述职报告 本人梁俪琼作为苏州市味知香食品股份有限公司（以下简称"公司"或"味 知香"）第二届董事会的独立董事（2024 年 3 月届满），严格按照《公司法》《上 海证券交易所自律监管指引第 1 号—规范运作》以及《公司章程》等相关法律法 规的规定和规范性文件要求，忠实、勤勉地履行职责，充分发挥独立董事的作用， 切实维护了公司以及全体股东的合法权益。现就 2024 年度工作情况报告如下： 一、独立董事的基本情况 （一）独立董事基本简介 梁俪琼女士：1987 年 11 月出生，中国国籍，无永久境外居留权，本科，执 业律师、注册会计师资格。2010 年 1 月—2017 年 12 月任上海肖波律师事务所专 职律师；2018 年 1 月至今为上海锦天城律师事务所资深律师；2018 年 4 月至 2024 年 3 月，任味知香独立董事。目前兼任苏州龙杰特种纤维股份有限公司 ...

Revenue and Profit - The company's revenue for Q1 2025 was CNY 172,979,731.89, representing a 4.24% increase compared to CNY 165,947,228.72 in the same period last year[4] - Net profit attributable to shareholders was CNY 19,504,085.49, up 3.16% from CNY 18,905,845.76 year-on-year[4] - Net profit for Q1 2025 was ¥19,504,085.49, compared to ¥18,905,845.76 in Q1 2024, representing a growth of 3.2%[17] - Operating profit for Q1 2025 was ¥25,119,329.35, an increase from ¥21,362,140.88 in Q1 2024, marking a rise of 17.5%[17] - The net profit attributable to the parent company for Q1 2025 is CNY 19,504,085.49, an increase from CNY 18,905,845.76 in Q1 2024, representing a growth of approximately 3.15%[18] - Net profit for Q1 2025 was CNY 19,504,864.35, slightly higher than CNY 19,357,405.52 in Q1 2024, indicating a growth of 0.76%[28] Cash Flow - The net cash flow from operating activities surged by 1,151.74% to CNY 29,632,529.44, compared to CNY 2,367,301.19 in the same period last year[4] - Cash flow from operating activities for Q1 2025 is CNY 29,632,529.44, significantly up from CNY 2,367,301.19 in Q1 2024, showing a substantial improvement[20] - The company's total cash inflow from operating activities was CNY 190,134,182.35, an increase from CNY 182,885,779.20 in Q1 2024[30] - The cash and cash equivalents at the end of Q1 2025 are CNY 60,253,022.90, down from CNY 971,771,534.72 at the end of Q1 2024, reflecting a significant decline[21] - The company reported a net cash outflow from investing activities of CNY 169,653,830.65 in Q1 2025, compared to a net inflow of CNY 95,395,023.20 in Q1 2024[31] Assets and Liabilities - Total assets at the end of the reporting period were CNY 1,340,200,889.88, a decrease of 0.72% from CNY 1,349,986,490.07 at the end of the previous year[5] - Total assets as of March 31, 2025, were ¥1,340,200,889.88, slightly down from ¥1,349,986,490.07 at the end of 2024[14] - Total liabilities decreased to CNY 99,648,157.05 in the latest report from CNY 128,937,863.56 in the previous period[25] - Total liabilities decreased to ¥99,648,536.83 as of March 31, 2025, from ¥128,938,222.51 at the end of 2024, a reduction of 22.7%[14] Shareholder Equity - Shareholders' equity attributable to the parent company increased by 1.60% to CNY 1,240,552,353.05 from CNY 1,221,048,267.56 at the end of the previous year[5] - Shareholder equity increased to ¥1,240,552,353.05 as of March 31, 2025, compared to ¥1,221,048,267.56 at the end of 2024, reflecting a growth of 1.6%[14] - The total equity increased to CNY 1,241,406,579.06 from CNY 1,221,901,714.71, showing a growth of 1.5%[25] Earnings Per Share - Basic and diluted earnings per share increased by 4.23% to CNY 0.1428 from CNY 0.1370 year-on-year[4] - The basic and diluted earnings per share for Q1 2025 are both CNY 0.1428, compared to CNY 0.1370 in Q1 2024, indicating an increase of about 5.85%[18] Government Subsidies - The company received government subsidies amounting to CNY 370,000, which are expected to have a continuous impact on profits[6] Inventory and Investment - Inventory levels decreased to ¥30,088,916.68 as of March 31, 2025, compared to ¥40,963,355.50 at the end of 2024, indicating a reduction of 26.6%[12] - The long-term equity investment increased from CNY 1,000,000.00 at the end of 2024 to CNY 21,000,000.00 as of March 31, 2025, showing a strategic investment growth[24] - The company reported a financial income of ¥1,262,994.00 in Q1 2025, down from ¥3,896,663.32 in Q1 2024, indicating a decline of 67.6%[17] - The company recorded a financial income of CNY 1,262,994.00 in Q1 2025, compared to CNY 3,896,663.32 in Q1 2024, indicating a decrease of 67.6%[28]

三、分红送配方案情况 一、主要会计数据和财务指标 本次公司不分配不转赠。 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.1428 | 0.1370 | 4.23 | 0.2600 | | 每股净资产（元） | 8.99 | 9.2 | -2.28 | 12.49 | | 每股公积金(元) | 4.44 | 4.44 | 0 | 6.51 | | 每股未分配利润(元) | 3.30 | 3.42 | -3.51 | 4.49 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 1.73 | 1.66 | 4.22 | 2.02 | | 净利润(亿元) | 0.2 | 0.19 | 5.26 | 0.36 | | 净资产收益率(%) | 1.58 | 1.48 | 6.76 | 2.89 | 前十大流通股东累计持有： 10747.71万股，累计占流通股比： 77.88%，较上期变化： -2.61 万股。 | 名称 ...

二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 10750.32万股，累计占流通股比： 77.9%，较上期变化： -43.66 万股。 一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.6400 | 0.9800 | -34.69 | 1.0400 | | 每股净资产（元） | 8.85 | 9.2 | -3.8 | 12.14 | | 每股公积金(元) | 4.44 | 4.44 | 0 | 6.51 | | 每股未分配利润(元) | 3.18 | 3.30 | -3.64 | 4.13 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 6.72 | 7.99 | -15.89 | 7.98 | | 净利润(亿元) | 0.88 | 1.35 | -34.81 | 1.43 | | 净资产收益率(%) | 7.09 | 10.97 | -35.37 | 11.53 | 数据四 ...