证券代码：605300 证券简称：佳禾食品 公告编号：2025-093 佳禾食品工业股份有限公司 关于召开2025年第三季度网上业绩说明会的公告 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： 投资者可于 2025 年 11 月 7 日前访问网址：https://eseb.cn/1szAOWpZgsg 或 使用微信扫描下方小程序码进行会前提问，或通过公司投资者关系邮箱 ir@cograin.cn 进行提问。公司将通过本次网上业绩说明会，在信息披露允许范围 内就投资者普遍关注的问题进行回答。 一、说明会类型 佳禾食品工业股份有限公司（以下简称"公司"）已于 2025 年 10 月 29 日 在上海证券交易所网站（www.sse.com.cn）披露了《2025 年第三季度报告》。为 便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定于 2025 年 11 月 7 日（星期五）10:00-11:00 在"价值在线"（www.ir-online.cn）举 办佳禾食品工业股份有限公司 2025 年第三季 ...

证券代码：605300 证券简称：佳禾食品 公告编号：2025-091 佳禾食品工业股份有限公司 第三届董事会第八次会议决议公告 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。 佳禾食品工业股份有限公司（以下简称"公司"）第三届董事会第八次会议 于 2025 年 10 月 28 日在公司会议室以现场结合通讯的方式召开，会议通知已于 2025 年 10 月 21 日通过邮件的方式送达各位董事。会议应参加表决的董事 7 人， 实际参加表决的董事 7 人（其中：通讯方式出席董事 4 人）。 由于董事长柳新荣先生因公外出以通讯方式出席会议，不能现场主持本次董 事会，经半数以上董事共同推举，本次会议由董事柳新仁先生主持，公司高管列 席。会议召开符合有关法律、法规、规章和《公司章程》的规定。经各位董事认 真审议，会议形成了如下决议： 一、审议通过《关于 2025 年第三季度报告的议案》 具体内容详见公司披露于上海证券交易所网站（www.sse.com.cn）的《2025 年第三季度报告》。 本议案已经公司董事会审计委员会审议通过。 表决结 ...

Financial Performance - Total revenue for Q3 2025 was CNY 583,125,963.39, a decrease of 3.87% compared to the same period last year[4] - Net profit attributable to shareholders was CNY 13,568,409.38, reflecting a 2.70% increase year-on-year, while net profit excluding non-recurring items dropped by 26.07%[4] - Total profit for the year-to-date was CNY 30,936,030.91, down 70.66% compared to the previous year[4] - Basic earnings per share for the year-to-date decreased by 71.43% to CNY 0.06[5] - The net profit for the first three quarters of 2025 was CNY 29,316,822.96, compared to CNY 84,097,309.62 in the same period of 2024, indicating a decline of approximately 65.2%[22] - The company reported a basic and diluted earnings per share of CNY 0.06 for the first three quarters of 2025, down from CNY 0.21 in the same period of 2024[23] - The total comprehensive income for the first three quarters of 2025 was CNY 27,507,608.59, down from CNY 83,361,342.89 in the same period of 2024[23] Assets and Liabilities - The company's total assets increased by 24.85% to CNY 3,597,055,528.50 compared to the end of the previous year[5] - Total current assets as of September 30, 2025, amounted to RMB 2,629,398,592.36, up from RMB 1,891,327,779.72 at the end of 2024, reflecting a growth of 38.9%[16] - Total assets increased to RMB 3,597,055,528.50 as of September 30, 2025, compared to RMB 2,881,151,326.22 at the end of 2024, representing a growth of 25.0%[18] - Total liabilities stood at RMB 725,638,703.44, slightly up from RMB 721,063,467.38 at the end of 2024, indicating a marginal increase of 0.8%[18] - The company's equity attributable to shareholders rose to RMB 2,863,512,258.40 from RMB 2,155,218,920.79, an increase of 33.0%[18] Cash Flow - Cash flow from operating activities for the year-to-date fell by 99.04% to CNY 1,183,970.27, primarily due to increased raw material procurement costs[10] - Cash flow from operating activities for the first three quarters of 2025 was CNY 1,183,970.27, a significant decrease from CNY 123,825,706.79 in the same period of 2024[25] - The company experienced a net cash outflow from investing activities of CNY 866,928,958.37 in the first three quarters of 2025, compared to a net inflow of CNY 56,922,339.66 in the same period of 2024[25] - Cash flow from financing activities generated a net inflow of CNY 787,395,605.39 in the first three quarters of 2025, contrasting with a net outflow of CNY 494,959,356.30 in the same period of 2024[27] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 24,478[11] - The company has not reported any changes in major shareholders or their participation in securities lending activities[14] Operational Metrics - Total operating revenue for the first three quarters of 2025 reached RMB 1,768,543,538.52, an increase of 5.3% compared to RMB 1,680,074,758.06 in the same period of 2024[21] - Total operating costs increased to CNY 1,758,046,129.77 from CNY 1,591,780,783.46, marking an increase of about 10.4%[22] - The company's cash and cash equivalents decreased to RMB 362,363,742.90 from RMB 501,484,395.94, a decline of 27.8%[16] - Inventory levels increased to RMB 384,738,019.23 from RMB 348,917,732.03, marking an increase of 10.3%[16] - Short-term borrowings increased to RMB 281,492,483.07 from RMB 234,458,680.92, reflecting a rise of 20.0%[17] - The company reported a decrease in accounts payable to RMB 248,710,939.54 from RMB 285,404,240.66, a reduction of 12.9%[17] Profitability Challenges - The company reported a significant decline in net profit due to rising raw material prices and increased marketing expenses[9] - The weighted average return on equity decreased by 2.76 percentage points to 0.99% year-to-date[5] - The company reported a decrease in other comprehensive income after tax of CNY -1,809,214.37 for the first three quarters of 2025, compared to CNY -735,966.73 in the same period of 2024[23]

Market Overview - The beverage and dairy sector experienced a decline of 0.52% on October 24, with Tianrun Dairy leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Stock Performance - Jiamu Food (605300) closed at 12.15, up 1.93% with a trading volume of 88,700 shares and a turnover of 107 million yuan [1] - Yiyili (600887) closed at 27.28, down 0.33% with a trading volume of 329,600 shares and a turnover of 900 million yuan [1] - Tianrun Dairy (600419) closed at 9.96, down 4.41% with a trading volume of 172,900 shares and a turnover of 173 million yuan [2] Capital Flow Analysis - The beverage and dairy sector saw a net outflow of 130 million yuan from institutional investors, while retail investors had a net inflow of 42.26 million yuan [2] - Major stocks like Yiyili and Tianrun Dairy experienced significant capital movements, with Yiyili seeing a net outflow of 86.86 million yuan from retail investors [3] Summary of Key Stocks - Yiyili had a net inflow of 68.63 million yuan from institutional investors, but a net outflow of 86.86 million yuan from retail investors [3] - Tianrun Dairy attracted a net inflow of 23.83 million yuan from institutional investors, but also faced a net outflow of 40.36 million yuan from retail investors [3] - Jiamu Food had a net inflow of 17.74 million yuan from institutional investors, indicating positive interest [3]

证券代码：605300 证券简称：佳禾食品 公告编号：2025-090 佳禾食品工业股份有限公司 关于使用部分暂时闲置募集资金进行现金管理到期 赎回并继续进行现金管理的进展公告 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： 已履行的审议程序：本事项已分别经佳禾食品工业股份有限公司（以 下简称"公司"）第三届董事会第四次会议、第三届监事会第三次会议及 2024 年年度股东大会审议通过。具体内容见公司 2025 年 4 月 26 日披露于上海证 券交易所网站（www.sse.com.cn）的《佳禾食品工业股份有限公司关于使用部 分闲置募集资金进行现金管理的公告》（公告编号：2025-030）。 特别风险提示：尽管本次进行现金管理购买的理财产品为低风险、流 动性好的产品，属于低风险投资品种，但金融市场受宏观经济、财政及货币 政策的影响较大，不排除该项投资可能受到市场波动的影响，理财收益具有 不确定性。敬请广大投资者谨慎决策，注意防范投资风险。 一、使用闲置募集资金现金管理到期赎回情况 公 司 于 2025 年 7 ...

Core Insights - The beverage and dairy sector experienced a slight increase of 0.15% on October 22, with Yangyuan Beverage leading the gains [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Yangyuan Beverage (603156) closed at 31.15, up 4.92% with a trading volume of 265,400 shares [1] - Zhuangyuan Pasture (002910) closed at 10.75, up 2.38% with a trading volume of 226,800 shares [1] - Huangshi Group (002329) closed at 3.69, up 1.37% with a trading volume of 174,000 shares [1] - Sanyuan Foods (600429) closed at 4.88, up 1.04% with a trading volume of 91,900 shares [1] - Bright Dairy (600597) closed at 8.61, up 0.94% with a trading volume of 98,600 shares [1] - Other notable stocks include Xiangpiaopiao (603711) and Tianrun Dairy (600419), which saw minor increases [1] Capital Flow - The beverage and dairy sector saw a net outflow of 174 million yuan from institutional investors, while retail investors contributed a net inflow of 218 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Yangyuan Beverage had a net inflow of 4.55 million yuan from institutional investors but saw a net outflow of 12.96 million yuan from retail investors [3] - Sanyuan Foods experienced a net inflow of 3.76 million yuan from institutional investors, while retail investors contributed a net inflow of 2.49 million yuan [3] - New Dairy (002946) faced a net outflow of 1.85 million yuan from institutional investors but had a net inflow of 6.03 million yuan from retail investors [3]

Group 1 - The company has approved the use of idle raised funds for cash management, allowing up to RMB 550 million to be invested in low-risk financial products with high safety and liquidity [1] - The board and supervisory committee have provided clear consent for this cash management initiative, and the sponsor, CITIC Securities, has issued a verification opinion [1] - The cash management initiative is valid for 12 months from the date of approval by the shareholders' meeting, and the funds can be rolled over within the authorized amount and investment period [1] Group 2 - As of the announcement date, the company has redeemed the structured deposit product purchased from Bank of China, with both principal and earnings transferred to the company's special account for raised funds [3] - The total balance of idle raised funds used for cash management is RMB 470 million, and the highest daily balance and usage period have not exceeded the limits authorized by the shareholders' meeting [3] - The structured deposit product purchased was named 【CSDVY202510150】, with an investment amount of RMB 19.6 million, which has been fully redeemed [3]

暂时闲置募集资金进行现金管理到期赎回的公告 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： 证券代码：605300 证券简称：佳禾食品 公告编号：2025-089 一、现金管理基本情况 （一）使用闲置募集资金进行现金管理审议程序 佳禾食品工业股份有限公司关于使用部分 公 司 于 2025 年 7 月 22 日 购 买 了 中 国 银 行 股 份 有 限 公 司 发 行 的 【CSDVY202510150】结构性存款产品，具体详情详见公司于 2025 年 7 月 24 日 投资种类：结构性存款 产品名称：【CSDVY202510150】结构性存款 受托方名称：中国银行股份有限公司 投资金额：1,960 万元 赎回金额：1,960 万元 在上海证券交易所网站（www.sse.com.cn）披露的《佳禾食品工业股份有限公 司关于使用部分暂时闲置募集资金进行现金管理的进展公告》（公告编号： 2025-063）。 以上产品赎回后，本金及收益均已划至公司募集资金专户。 二、截至本公告披露日，公司使用暂时闲置募集资金现金管理 ...

证券代码：605300 证券简称：佳禾食品 公告编号：2025-088 佳禾食品工业股份有限公司关于使用 部分暂时闲置募集资金进行现金管理的进展公告 一、本次现金管理基本情况 （一）现金管理目的 在不影响募集资金投资项目建设和公司正常经营的情况下，佳禾食品工业股 份有限公司（以下简称"公司"）及子公司合理利用部分闲置募集资金进行现金 管理，增加资金收益，为公司及股东获取更多的投资回报。 （二）现金管理资金来源 1、本次现金管理的资金来源：公司暂时闲置的募集资金。 2、募集资金的基本情况 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： 基本情况 | 产品名称 | 中信证券股份有限公司安泰保盈系列 期收益凭证 1208 | | --- | --- | | 受托方名称 | 中信证券股份有限公司 | | 购买金额 | 万元 10,000 | | 产品期限 | 2025/10/16-2026/5/13 | 特别风险提示：尽管本次进行现金管理购买的理财产品为低风险、流动 性好的产品，属于低风险投资品种，但金融市场受宏观经济 ...

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： 基本情况 | 产品名称 | 中信证券股份有限公司安泰保盈系列 1096 期收益凭证 | | --- | --- | | 受托方名称 | 中信证券股份有限公司 | | 购买金额 | 万元 10,000 | | 产品期限 | 2025/7/3-2025/10/9 | | 赎回金额 | 万元 10,000 | 证券代码：605300 证券简称：佳禾食品 公告编号：2025-087 佳禾食品工业股份有限公司关于使用 部分闲置募集资金进行现金管理提前赎回的公告 截至本公告披露日，公司使用暂时闲置募集资金进行现金管理的余额为人民 币 3.9 亿元。公司使用闲置募集资金进行现金管理的单日最高余额及使用期限均 未超过公司股东大会授权范围，且使用部分闲置募集资金购买的产品不存在逾期 未收回的情况。 特此公告。 一、现金管理基本情况 （一）使用闲置募集资金进行现金管理审议程序 公司于 2025 年 4 月 24 日召开第三届董事会第四次会议、第三届监事会第三 次会议，于 2025 年 ...