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个别及连带责任。 证券代码：605179 证券简称：一鸣食品 公告编号：2025-031 浙江一鸣食品股份有限公司 关于 2025 年第三季度主要经营数据的公告 （一）按经营业态分类的情况 | 分业态 | 主营业务收入（元） | 销售额同比增减（%） | 毛利率（%） | | 毛利率同比增减 | | | --- | --- | --- | --- | --- | --- | --- | | 加盟门店 | 685,965,992.87 | -2.35 | 22.08 | 增加 | 0.94 | 个百分点 | | 直营门店 | 392,796,014.95 | -11.83 | 54.13 | 减少 | 0.37 | 个百分点 | | 直销渠道 | 454,919,059.71 | 19.12 | 18.91 | 增加 | 0.94 | 个百分点 | | 经销渠道 | 287,610,679.20 | 27.87 | 20.90 | 减少 | 7.30 | 个百分点 | | 线上渠道 | 103 ...

Financial Performance - The company's revenue for Q3 2025 reached ¥744,081,467.20, an increase of 8.52% compared to the same period last year[3] - Total profit for the quarter was ¥19,097,096.03, reflecting a significant increase of 62.77% year-over-year[3] - Net profit attributable to shareholders was ¥14,190,529.24, up by 35.92% compared to the previous year[3] - The basic earnings per share for the quarter was ¥0.0354, representing a growth of 36.15% year-over-year[4] - Total operating revenue for the first three quarters of 2025 reached ¥2,145,554,654.06, an increase of 4.25% compared to ¥2,057,972,296.45 in the same period of 2024[17] - Net profit for the first three quarters of 2025 was ¥46,407,740.44, compared to ¥36,906,321.62 in 2024, marking an increase of 25.00%[18] - The total comprehensive income for the period reached CNY 46,407,740.44, compared to CNY 36,906,321.62 in the previous period, reflecting a growth of approximately 25.3%[19] - Basic and diluted earnings per share increased to CNY 0.12 from CNY 0.09, representing a rise of 33.3%[19] Assets and Liabilities - Total assets as of the end of the quarter were ¥2,920,662,401.04, a 6.03% increase from the end of the previous year[4] - Total current assets rose to ¥947,520,679.42 in 2025, up from ¥735,056,945.57 in 2024, indicating an increase of 29.00%[14] - Total non-current assets decreased to ¥1,973,141,721.62 in 2025 from ¥2,019,458,472.94 in 2024, a decline of 2.29%[15] - Total liabilities increased to ¥1,794,094,950.44 in 2025, compared to ¥1,658,584,172.89 in 2024, reflecting a rise of 8.17%[16] - Total equity attributable to shareholders rose to ¥1,126,567,450.60 in 2025 from ¥1,095,931,245.62 in 2024, an increase of 2.79%[16] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥350,437,520.50, showing a 16.94% increase[3] - Cash inflows from operating activities totaled CNY 2,510,951,418.37, up from CNY 2,373,556,818.49, indicating an increase of about 5.8%[22] - The net cash flow from operating activities was CNY 350,437,520.50, compared to CNY 299,670,727.74 in the previous year, marking a growth of approximately 17%[22] - Cash outflows for investing activities were CNY 56,565,146.77, a decrease from CNY 139,931,977.65, showing a reduction of about 59.5%[23] - The net cash flow from financing activities was -CNY 116,390,295.17, an improvement from -CNY 145,015,408.06, indicating a reduction in cash outflow of approximately 19.8%[23] - The ending balance of cash and cash equivalents increased to CNY 352,756,446.31 from CNY 183,864,777.60, reflecting a significant rise of about 92.1%[23] - The company reported other cash inflows related to operating activities of CNY 64,606,972.06, compared to CNY 43,825,737.89 in the previous period, an increase of approximately 47.4%[22] Shareholder Information - The company has a total of 28,666 common shareholders as of the end of the reporting period[10] - Zhejiang Mingchun Group Co., Ltd. remains the largest shareholder, holding 40.38% of the shares[10] Expenses and Investments - Total operating costs for the first three quarters of 2025 were ¥2,088,537,776.90, up from ¥2,015,003,892.99 in 2024, reflecting a rise of 3.64%[17] - Research and development expenses increased to ¥41,028,437.19 in 2025 from ¥31,806,611.20 in 2024, representing a growth of 28.88%[18] Other Information - Non-recurring gains and losses for the quarter totaled ¥2,064,032.90, with government subsidies contributing significantly[6] - The company did not report any net profit from the merged entity prior to the merger, consistent with the previous period[19] - The company is not applying new accounting standards or interpretations starting from 2025[24] - The company reported a gross profit margin of approximately 28.83% for the first three quarters of 2025, compared to 29.00% in 2024[17] - The company plans to continue expanding its market presence and invest in new product development to drive future growth[17] - The weighted average return on equity increased to 1.2770%, up by 0.335 percentage points from the previous year[4]

Core Insights - The company reported a third-quarter revenue of 744 million yuan, representing a year-on-year increase of 8.52% [1] - The net profit for the third quarter was 14.19 million yuan, showing a year-on-year growth of 35.92% [1] - For the first three quarters, the total revenue reached 2.146 billion yuan, which is a year-on-year increase of 4.26% [1] - The net profit for the first three quarters was 46.41 million yuan, reflecting a year-on-year growth of 25.74% [1]

Market Overview - The beverage and dairy sector experienced a decline of 0.54% on the trading day, with Junyao Health leading the drop [1] - The Shanghai Composite Index closed at 3986.9, down 0.73%, while the Shenzhen Component Index closed at 13532.13, down 1.16% [1] Stock Performance - Notable gainers in the beverage and dairy sector included: - Weiweijia (600300) with a closing price of 3.47, up 2.97% [1] - New Dairy (002946) at 17.01, up 2.47% [1] - Yili (600887) at 27.36, up 0.66% with a transaction volume of 621,200 shares and a transaction value of 1.702 billion [1] - Major decliners included: - Junyao Health (605388) at 7.13, down 3.52% [2] - Happy Home (300997) at 16.62, down 3.26% [2] - Beiyinmei (002570) at 6.28, down 2.64% with a transaction value of 305 million [2] Capital Flow - The beverage and dairy sector saw a net inflow of 193 million from institutional investors, while retail investors experienced a net outflow of 39.39 million [2] - The capital flow for key stocks showed: - Yili (600887) had a net inflow of 285 million from institutional investors, but a net outflow of 172 million from retail investors [3] - Chengde Lululemon (000848) had a net inflow of 42.62 million from institutional investors, with a net outflow of 5.37 million from retail investors [3] - Miao Ke Lan Duo (600882) had a net inflow of 20.36 million from institutional investors, but a significant net outflow of 29.61 million from retail investors [3]

Core Viewpoint - Despite achieving growth in both revenue and net profit in the first half of the year, Yiming Food's positive performance is overshadowed by a share reduction announcement from its major shareholders [2][5]. Group 1: Financial Performance - In the first half of the year, Yiming Food reported revenue of 1.401 billion yuan, representing a year-on-year increase of 2.12% [4]. - The net profit attributable to shareholders reached 32.22 million yuan, showing a significant year-on-year growth of 21.73% [4]. - The company had previously faced a challenging period, with net profit declining from 132 million yuan in 2020 to a loss of 129 million yuan in 2022, before returning to profitability in 2023 [6]. Group 2: Shareholder Actions - On August 20, a notice was issued stating that shareholders Xinyue Investment, Mingniu Investment, and Chengyue Investment plan to reduce their holdings by up to 12.03 million shares, accounting for 3% of the total share capital [3]. - The reduction is initiated by the actual controllers of the company, Li Meixiang, Zhu Mingchun, and Li Hongyan, indicating a collective decision among the major shareholders [3]. - Following the announcement, Yiming Food's stock price experienced volatility, peaking at 25.5 yuan per share on August 29 before declining to 21.25 yuan per share by October 15, marking a decrease of 16.67% from the high [4]. Group 3: Management Response - In response to investor concerns regarding the declining stock price, Chairman Zhu Like emphasized that the fluctuations are influenced by multiple factors, including macroeconomic conditions and market sentiment, and that short-term volatility is uncertain [4]. - Zhu Like clarified that the shares being reduced were acquired before the company's IPO and that the reduction is due to the shareholders' personal financial needs, with no implications for the company's future outlook [4].

Market Overview - The beverage and dairy sector experienced a slight decline of 0.05% on October 20, with New Dairy leading the drop [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Stock Performance - Notable gainers in the beverage and dairy sector included: - Yangyuan Beverage: closed at 29.69, up 3.38% with a trading volume of 177,200 shares and a turnover of 524 million yuan [1] - Western Pastoral: closed at 11.23, up 2.93% with a trading volume of 67,600 shares and a turnover of 75.06 million yuan [1] - Other gainers included Caobo Daobu, Huanlejia, and Qishi Dairy, all showing positive performance [1] - Conversely, New Dairy saw a significant decline of 4.36%, closing at 17.10 with a trading volume of 73,000 shares and a turnover of 126 million yuan [2] Capital Flow - The beverage and dairy sector saw a net inflow of 151 million yuan from institutional investors, while retail investors experienced a net outflow of 66.42 million yuan [2] - Major stocks with significant capital flow included: - Yili Group: net inflow of 65.81 million yuan from institutional investors, but a net outflow of 51.30 million yuan from retail investors [3] - Dongpeng Beverage: net inflow of 56.42 million yuan from institutional investors, with retail investors also showing a net outflow [3] - Yangyuan Beverage and other stocks also reflected similar trends in capital flow [3]

Core Viewpoint - Zhejiang Yiming Food Co., Ltd. held a half-year performance briefing on October 15, 2025, discussing its business strategies, financial performance, and future plans with investors [1][6]. Group 1: Company Performance and Financials - The company reported a revenue of 1.401 billion yuan for the first half of 2025, representing a year-on-year growth of 2.12% [5]. - The net profit attributable to shareholders was 32.2172 million yuan, showing a year-on-year increase of 21.73% [5]. - The company emphasized the stability of its core business despite fluctuations in stock prices due to macroeconomic factors and market sentiment [5]. Group 2: Business Expansion and Strategy - The company plans to continue expanding its store network in the core regions of East China, focusing on optimizing store models and improving operational quality [1][2]. - Future store expansion will be based on market maturity and operational data, with a focus on cities like Shanghai and Wuhan [1][2]. - The company aims to leverage digital capabilities and cold chain supply advantages to enhance product reach and brand recognition through e-commerce channels [2][4]. Group 3: Accounts Receivable and Cash Flow Management - The increase in accounts receivable is attributed to changes in the customer structure, particularly partnerships with large clients [2][4]. - The company has implemented a comprehensive accounts receivable management system to ensure timely collection and minimize bad debt risks [2][4]. - Measures to improve the cash flow to net profit ratio include enhancing accounts receivable management and reducing costs to improve operational efficiency [4][5]. Group 4: Business Development Initiatives - The company has established a dedicated team for group purchasing, aiming to enhance its capabilities and expand its customer base [3][4]. - It is actively involved in developing nutritional meal standards for schools and has launched initiatives to provide healthy meal services to students [3][4]. - The franchise model is a key strategy for expanding the "Yiming Fresh Milk Bar" network, focusing on quality and efficiency rather than just scale [4][5]. Group 5: Future Outlook and Acquisitions - The company is open to exploring acquisitions that align with its core business and enhance its competitive edge, particularly in areas like dairy sourcing and baking capabilities [5][6]. - The management reassured investors that the recent shareholding reduction by the controlling shareholder is unrelated to the company's future prospects [5].

关于 2025 年半年度业绩说明会召开情况的公告 证券代码：605179 证券简称：一鸣食品 公告编号：2025-030 浙江一鸣食品股份有限公司 回复：尊敬的投资者您好，公司将继续围绕"高质量拓展、稳步提升单店效 益"的总体思路推进奶吧网络建设。未来一至两年，公司将结合市场成熟度与经 营数据，在华东核心区域持续优化门店布局，并稳步向周边重点城市延伸。在拓 展策略上，公司更加注重门店模型优化与经营质量提升，将在巩固浙江、江苏等 优势市场的基础上，逐步完善安徽、江西、福建等区域的网点覆盖，探索上海、 武汉等核心城市的示范门店建设。 同时，公司将充分发挥数字化能力和冷链供应优势，通过线上电商与即时零 售渠道，扩大产品触达范围，实现从区域市场向全国消费者的辐射。公司也将探 索以标杆产品带动品牌知名度，通过电商渠道推动全国化认知和消费覆盖，为线 下拓展创造更高效率和更广空间。 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。 具体的门店拓展节奏将根据市场环境和公司经营安排动态调整，相关信息若 达到披露标准，公司将按监管要求及时公告，感谢 ...

Core Insights - The beverage and dairy sector experienced a slight increase of 0.32% on October 16, with Dongpeng Beverage leading the gains [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Sector Performance - Dongpeng Beverage (605499) closed at 297.90, with a rise of 2.07% and a trading volume of 16,700 shares, amounting to a transaction value of 496 million yuan [1] - Yili Group (600887) saw a closing price of 27.81, up 0.58%, with a trading volume of 368,500 shares and a transaction value of 1.025 billion yuan [1] - Other notable performances include Sanyuan Foods (600429) at 4.80 (+0.21%), and Bright Dairy (600597) at 8.57 (-0.12%) [1] Individual Stock Movements - The beverage and dairy sector saw significant declines in some stocks, such as Pinuo Food (300892) which fell by 4.52% to 34.87, with a trading volume of 55,100 shares and a transaction value of 195 million yuan [2] - Knight Dairy (920786) decreased by 4.40% to 10.00, with a trading volume of 106,800 shares and a transaction value of 109 million yuan [2] - Other stocks like Zhuangyuan Pasture (002910) and Yiming Food (605179) also experienced declines of 3.86% and 3.20%, respectively [2] Capital Flow Analysis - The beverage and dairy sector saw a net outflow of 179 million yuan from major funds, while retail investors contributed a net inflow of 193 million yuan [2] - The overall capital flow indicates a mixed sentiment within the sector, with institutional investors pulling back while retail investors showed interest [2]

Core Viewpoint - The recent share reduction by major shareholders of Yiming Food has raised investor concerns, particularly regarding its impact on the company's stock price and overall market perception [1][3]. Group 1: Shareholder Actions - On August 20, Yiming Food announced that shareholders Xinyue Investment, Mingniu Investment, and Chengyue Investment plan to reduce their holdings by up to 12.03 million shares, representing no more than 3% of the company's total share capital [1]. - The shares being reduced are held by the actual controllers of the company, indicating that the reduction is initiated by the three main stakeholders [1]. - The reason provided for the share reduction by the shareholders is "personal funding needs," and the shares were released from lock-up on December 28, 2023 [1][3]. Group 2: Stock Performance - Following the announcement of the share reduction, Yiming Food's stock price initially rose to a high of 25.5 yuan per share on August 29 but subsequently fell to 21.25 yuan per share by October 15, marking a decline of 16.67% from the peak [1]. - The stock price fluctuations are attributed to various factors, including macroeconomic conditions, market sentiment, and industry cycles, leading to uncertainty in short-term price movements [3]. Group 3: Company Performance - In the first half of the year, Yiming Food reported revenue of 1.401 billion yuan, reflecting a year-on-year growth of 2.12%, while the net profit attributable to shareholders was 32.22 million yuan, up 21.73% year-on-year [3]. - The chairman emphasized that the share reduction by controlling shareholders is unrelated to the company's future development confidence, as it pertains to shares acquired before the IPO [3].