Core Insights - Li Ziyuan reported a stable performance in the first half of 2025, with operating revenue of 621 million yuan and a net profit attributable to shareholders of 96.12 million yuan, reflecting a year-on-year growth of 1.05% [1] - The company announced a profit distribution plan, proposing a cash dividend of 2.40 yuan per 10 shares, totaling approximately 91.96 million yuan, which accounts for 95.67% of the half-year net profit, indicating a strong commitment to shareholder returns [1] - As a leading player in the dairy beverage industry, Li Ziyuan holds nearly 50% market share in sweet milk beverages, maintaining its top position in the segment according to Frost & Sullivan research data [1] Business Development - The company is expanding its production capacity nationwide, with stable operations in production bases located in Jinhua, Jiangxi, Qujing, and Hebi, and the second phase of the Jiangxi Li Ziyuan project is set to commence production by the end of 2024 [1] - Li Ziyuan has been recognized as a "Smart Factory" in Zhejiang Province, showcasing significant results from its smart transformation efforts [1] Brand and Innovation - The company has appointed actor Cheng Yi as its brand ambassador and launched a new advertising slogan to enhance brand influence and connect with younger consumers [1] - Li Ziyuan emphasizes research and development, holding 211 effective patents and 474 registered trademarks, and actively participates in the formulation of national standards, demonstrating strong technical capabilities [2] Future Outlook - Looking ahead to the second half of the year, Li Ziyuan plans to continue optimizing its product structure and market channel development to ensure steady growth in its core dairy beverage business while enhancing brand value and market competitiveness [2]

Market Overview - The beverage and dairy sector experienced a decline of 1.4% on August 27, with Zhuangyuan Pasture leading the drop [1] - The Shanghai Composite Index closed at 3800.35, down 1.76%, while the Shenzhen Component Index closed at 12295.07, down 1.43% [1] Stock Performance - Notable gainers in the beverage and dairy sector included: - Aluminum Wine Foods: Closed at 40.47, up 6.56% with a trading volume of 139,100 shares and a turnover of 544 million yuan [1] - Yiming Foods: Closed at 24.43, up 5.57% with a trading volume of 292,700 shares and a turnover of 694 million yuan [1] - Liziyuan: Closed at 14.18, up 3.28% with a trading volume of 322,500 shares and a turnover of 448 million yuan [1] - Major decliners included: - Zhuangyuan Pasture: Closed at 9.83, down 3.91% with a trading volume of 98,500 shares and a turnover of 99.2 million yuan [2] - Chengde Lulule: Closed at 8.69, down 3.87% with a trading volume of 452,000 shares and a turnover of 400 million yuan [2] - Xibu Muye: Closed at 11.86, down 3.10% with a trading volume of 198,400 shares and a turnover of 240 million yuan [2] Capital Flow - The beverage and dairy sector saw a net outflow of 408 million yuan from institutional investors, while retail investors contributed a net inflow of 459 million yuan [2] - Specific stock capital flows included: - Liziyuan: Net outflow of 24.91 million yuan from institutional investors [3] - Yiming Foods: Net inflow of 18.32 million yuan from institutional investors [3] - Zhuangyuan Pasture: Net outflow of 19.94 million yuan from retail investors [3]

Financial Performance - The company's total revenue is 621 million yuan, with a net profit attributable to shareholders of 96.12 million yuan, ranking 6th among disclosed peers, showing an increase of 1.05% year-on-year [1] - The net cash flow from operating activities is 81.24 million yuan, ranking 8th among disclosed peers [1] Profitability Metrics - The latest asset-liability ratio is 46.40% [3] - The latest gross profit margin is 39.86%, ranking 5th among disclosed peers, with a year-on-year increase of 1.60 percentage points, marking three consecutive years of growth [3] - The latest return on equity (ROE) is 5.87%, ranking 4th among disclosed peers [3] - The diluted earnings per share (EPS) is 0.25 yuan, ranking 5th among disclosed peers, with a year-on-year increase of 4.17% [3] Efficiency Ratios - The latest total asset turnover ratio is 0.21 times [3] - The latest inventory turnover ratio is 1.91 times [3] Shareholder Structure - The number of shareholders is 31,300, with the top ten shareholders holding 262 million shares, accounting for 66.47% of the total share capital [3] - The largest shareholder is Lishui Water Drip Spring Investment Development Co., Ltd., holding 32.22% [3]

Core Insights - Li Ziyuan (605337.SH) released its semi-annual report for 2025, revealing that as of August 26, 2025, eight institutional investors held a total of 148 million shares, accounting for 37.52% of the company's total equity [1] Institutional Holdings - The institutional investors include Lishui Water Drip Spring Investment Development Co., Ltd., Zhejiang Li Ziyuan Food Co., Ltd. - 2024 Employee Stock Ownership Plan, Moutai (Guizhou) Private Fund Management Co., Ltd. - Moutai (Guizhou) Investment Fund Partnership (Limited Partnership), National Social Security Fund 111 Portfolio, China Ping An Insurance (Group) Co., Ltd. Enterprise Annuity Plan - China Merchants Bank Co., Ltd., Zhejiang Guotian Private Fund Management Co., Ltd. - Guotian Return No. 1 Private Securities Investment Fund, Guotou Ruijin Selected Income Mixed A, and Nanhua Fengli Quantitative Stock Selection Mixed A [1] - Compared to the previous quarter, the total institutional holding percentage decreased by 0.47 percentage points [1] Public Fund Holdings - During this period, one new public fund disclosed its holdings, namely Nanhua Fengli Quantitative Stock Selection Mixed A [1] Social Security Fund Holdings - One social security fund, the National Social Security Fund 111 Portfolio, reported a decrease in holdings, with a reduction percentage of 0.39% compared to the previous quarter [1]

每经头条（nbdtoutiao）——能给主人"打电话"的宠物智能手机也来了！宠物产业3000亿元市场大爆 发，行业上市公司"涨"声一片 （记者 胡玲） 2024年1至12月份，李子园的营业收入构成为：饮料占比99.51%，其他业务占比0.49%。 截至发稿，李子园市值为54亿元。 每经AI快讯，李子园（SH 605337，收盘价：13.73元）8月26日晚间发布公告称，公司第三届第二十五 次董事会会议于2025年8月25日在公司会议室以现场结合通讯表决的方式召开。会议审议了《关于2025 年半年度报告及其摘要的议案》等文件。 ...

北京商报讯（记者 孔文燮） 8月26日，李子园披露的 2025年半年度报告显示，报告期内实现营业收入 约为 6.21亿元，同比下降8.53%；实现归属上市公司股东的净利润约为 9612.24万元，同比增长1.05%。 ...

8月26日晚，李子园(605337)发布2025年半年度报告，公司在今年上半年实现营收6.21亿元、归母净利润 0.96亿元、扣非净利润0.87亿元，经营业绩稳健。 同日，李子园发布2025半年度利润分配预案，公司拟每10股派发现金红利2.4元（含税），合计现金分 红0.92亿元，现金分红比例为95.67%。本次中期分红，既是李子园回报股东的举措，也是公司积极响应 监管层关于鼓励提升现金分红水平、优化分红节奏的政策导向。 数据显示，自2021年上市以来，李子园坚持高分红，2021年—2025年上半年分红率分别达到37.15%、 41.18%、81.76%、86.57%和95.67%，呈现出不断创出历史新高的态势。 半年报显示，李子园以"年轻消费群体和青春休闲、营养便利"为品牌市场定位和导向，不断推出新产 品，丰富公司大健康产品矩阵。 2025年上半年，公司推出创新产品维生素营养水系列，首创"中国6零极简配方"，即"0糖、0脂、0卡、0 防腐剂、0香精、0添加色素"，包括复合维B（菊花味、红树莓味）和高倍维C（柠檬味）两个系列，分 别具备缓解疲劳、提升活力和增强免疫力功效，消费画像以年轻人为主，如院校学生和白领 ...

Core Insights - The company reported a revenue of 621 million yuan for the first half of 2025, representing a decrease of 8.53% compared to the same period last year, primarily due to intensified market competition and adjustments in sales strategy [1] - The net profit attributable to the company was 96.12 million yuan, showing a growth of 1.05% year-on-year [1] Financial Performance - Revenue for H1 2025: 621 million yuan, down 8.53% year-on-year [1] - Net profit for H1 2025: 96.12 million yuan, up 1.05% year-on-year [1]

数据显示，自2021年上市以来，李子园坚持高分红，2021年—2025年上半年分红率分别达到37.15%、 41.18%、81.76%、86.57%和95.67%，呈现出不断创出历史新高的态势。 8月26日晚，李子园(605337)发布2025年半年度报告，公司在今年上半年实现营收6.21亿元、归母净利润 0.96亿元、扣非净利润0.87亿元，经营业绩稳健。 同日，李子园发布2025半年度利润分配预案，公司拟每10股派发现金红利2.4元（含税），合计现金分 红0.92亿元，现金分红比例为95.67%。本次中期分红，既是李子园回报股东的举措，也是公司积极响应 监管层关于鼓励提升现金分红水平、优化分红节奏的政策导向。 值得一提的是，2025年3月，李子园在宁夏设立全资子公司宁夏李子园，投资建设"李子园日处理1000吨 生乳深加工项目"，建设内容包括全脂脱脂奶粉、浓缩奶、稀奶油、奶酪等奶制品的深加工生产线。该 项目分两期推进，一期工程预计2025年12月建成投产，达产后年产值将突破4亿元。 资料显示，宁夏地处"黄金奶源带"，优质牧场资源与现代化养殖技术为李子园乳品加工提供了坚实保 障。李子园表示，此次项目的落地，有 ...

浙江李子园食品股份有限公司 关联交易管理制度 第一章 总 则 第一条 为规范浙江李子园食品股份有限公司（以下简称"公司")关联交易 活动，保证公司与各关联人所发生的关联交易的合法性、公允性、合理性，确保 公司各项业务通过必要的关联交易顺利地开展，保障股东和公司的合法权益，依 据《中华人民共和国公司法》《上市公司治理准则》《上海证券交易所股票上市 规则》（以下简称"《股票上市规则》")、《上海证券交易所上市公司自律监 管指引第5号——交易与关联交易》等法律、法规以及《浙江李子园食品股份有 限公司章程》（以下简称"《公司章程》") 的相关规定，制定本制度。 第二条 公司在确认和处理有关关联人之间关联关系与关联交易时，应遵循 并贯彻以下原则： （一）公司与关联人之间的关联交易应签订书面协议，协议的签订应当遵 循平等、自愿、等价、有偿的原则； （二）确定关联交易价格时，应遵循"公平、公正、公开"的原则，原则上 不能偏离市场独立第三方的价格或收费的标准； （三）关联董事和关联股东回避表决的原则； （四）必要时可聘请独立财务顾问或专业评估机构发表意见和报告。 第三条 公司在处理与关联人之间的关联交易时，不得损害全体股东特 ...