1月7日，巴比食品盘中上涨2.03%，截至09:48，报31.70元/股，成交3911.28万元，换手率0.53%，总市 值75.94亿元。 巴比食品所属申万行业为：食品饮料-食品加工-预加工食品。所属概念板块包括：养老金概念、电子商 务、增持回购、小盘、首发经济等。 巴比食品今年以来股价涨1.21%，近5个交易日涨8.45%，近20日涨19.08%，近60日涨24.31%。 分红方面，巴比食品A股上市后累计派现4.76亿元。近三年，累计派现3.72亿元。 资料显示，中饮巴比食品股份有限公司位于上海市松江区车墩镇茸江路785号，成立日期2010年7月8 日，上市日期2020年10月12日，公司主营业务涉及中式面点速冻食品的研发、生产与销售。主营业务收 入构成为：食品类90.39%，包装物及辅料6.17%，服务类3.34%，其他(补充)0.10%。 责任编辑：小浪快报 截至10月31日，巴比食品股东户数1.20万，较上期减少2.87%；人均流通股19963股，较上期增加 2.96%。2025年1月-9月，巴比食品实现营业收入13.56亿元，同比增长12.05%；归母净利润2.01亿元，同 比增长3.51%。 资 ...

Core Viewpoint - The food processing sector experienced a slight increase of 0.15% on January 6, with Gai Shi Food leading the gains. The Shanghai Composite Index rose by 1.5%, while the Shenzhen Component Index increased by 1.4% [1]. Group 1: Market Performance - Gai Shi Food closed at 13.85, up by 2.82%, with a trading volume of 59,000 shares and a transaction value of 81.20 million yuan [1]. - Other notable performers included Jiao Da Ang Li, which rose by 2.17% to close at 6.58, and De Li Si, which increased by 1.65% to close at 4.94 [1]. - The overall trading volume in the food processing sector showed varied performance, with significant transactions recorded for companies like Anjiu Food and Xiwang Food [1]. Group 2: Capital Flow - The food processing sector saw a net inflow of 22.84 million yuan from institutional investors, while retail investors experienced a net outflow of 15.49 million yuan [2]. - The main capital inflows were observed in companies like Anjiu Food, which had a net inflow of 39.28 million yuan, and Sanquan Food, with a net inflow of 10.55 million yuan [3]. - Conversely, companies like Xiwang Food and Tang Chen Bei Jian faced significant net outflows from retail investors, indicating a shift in investor sentiment [3].

Summary of the Conference Call for Babi Foods Company Overview - **Company**: Babi Foods - **Industry**: Food and Beverage, specifically focusing on dumplings and buns Key Developments - Babi Foods has made significant progress in the past year, particularly in promoting its new handmade dumpling store model, which began trials in the second half of 2025, achieving daily sales exceeding 10,000 yuan per store [3][4] - The company currently operates three business segments: traditional bun shops, group meals, and the new handmade dumpling stores [3] - Traditional bun shop sales turned positive in the second half of 2025, while the handmade dumpling stores are expected to become a new growth engine [3][4] Growth Potential - Market expectations suggest that Babi Foods could open around 100 new stores in Q1 2025, with total new store openings for the year potentially reaching hundreds to over a thousand [3][4] - Even if daily sales per store decrease to 6,000-7,000 yuan, annual revenue could still reach approximately 2 million yuan per store, contributing about 600,000 yuan to Babi's revenue [3][4] - The new dumpling stores are larger, offer more dining options, and have a richer product structure, leading to a faster return on investment despite higher initial costs [3][5] Market Positioning - Babi Foods entered the dumpling market due to its large potential and lack of leading chain brands, with over 30,000 dumpling shops nationwide but no dominant players [6] - The dumpling product line is versatile and suitable for various dining occasions, enhancing its market appeal [6] Financial Projections - Babi Foods is projected to achieve a profit of approximately 340 million yuan in 2026, with a target market capitalization exceeding 10 billion yuan, indicating a potential upside of 30%-50% [4][14] - Each new or remodeled dumpling store is expected to generate an additional revenue increment of about 160 million yuan for every 200 stores, contributing around 20 million yuan in profit [12] Operational Advantages - The company has established five major factories nationwide, providing significant supply chain advantages and strong management capabilities [9] - Babi Foods is focused on ensuring the replicability of its new store model, with plans to promote successful outcomes at the 2026 franchisee conference [10] Investment Recommendations - Given the successful achievement of 2025 goals and the validated replicability of its business model, Babi Foods is expected to enter an accelerated growth phase in 2026 [14] - The company is recommended as a strong investment opportunity within the food and beverage sector, characterized by high growth potential and clear industry logic [14]

新店型、新周期 巴比食品(605338) ——公司跟踪报告 | [姓名table_Authors] | 电话 | 邮箱 | 登记编号 | | --- | --- | --- | --- | | 訾猛(分析师) | 021-38676442 | zimeng@gtht.com | S0880513120002 | | 颜慧菁(分析师) | 021-23183952 | yanhuijing@gtht.com | S0880525040022 | | 程碧升(分析师) | 021-23185685 | chengbisheng@gtht.com | S0880525040031 | | 陈力宇(分析师) | 021-38677618 | chenliyu@gtht.com | S0880522090005 | 本报告导读： 小笼包新店型的开店速度有望超预期，竞争担忧短期无虞，打开成长新周期。 投资要点： | [Table_Finance] 财务摘要(百万元) | 2023A | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | --- ...

Market Overview - The food processing sector experienced a decline of 0.16% on December 31, with Hai Xin Food leading the drop [1] - The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1] Stock Performance - Notable gainers in the food processing sector included: - Baba Food (605338) with a closing price of 31.32, up 10.01% on a trading volume of 67,200 shares and a transaction value of 208 million yuan [1] - Qianwei Yangchu (001215) closed at 38.50, up 4.11% with a trading volume of 28,600 shares and a transaction value of 108 million yuan [1] - Conversely, Hai Xin Food (002702) saw a significant decline of 3.52%, closing at 7.12 with a trading volume of 605,300 shares and a transaction value of 43.6 million yuan [2] Capital Flow - The food processing sector saw a net outflow of 43.13 million yuan from institutional investors, while retail investors contributed a net inflow of 71.14 million yuan [2] - The capital flow for specific stocks indicated: - Baba Food had a net inflow of 38.48 million yuan from institutional investors, while retail investors had a net outflow of 25.79 million yuan [3] - Qianwei Yangchu experienced a net inflow of 5.29 million yuan from institutional investors and a net outflow of 11.23 million yuan from retail investors [3]

北京商报讯（记者 郭秀娟 王悦彤） 12月30日，巴比食品发布公告称，公司于今日召开职工代表大会， 经与会职工代表投票表决，选举李俊为公司第四届董事会职工代表董事。李俊将与公司2025年第一次临 时股东会选举产生的2名非独立董事及2名独立董事共同组成公司第四届董事会，任期自职工代表大会审 议通过之日起至公司第四届董事会任期届满之日止。 ...

格隆汇12月30日丨巴比食品(605338.SH)公布，公司于2025年12月30日召开2025年第一次临时股东会， 审议通过了《关于取消监事会并修订<公司章程>的议案》，根据修订后的《中饮巴比食品股份有限公 司章程》，公司董事会成员中应当至少包括1名职工代表董事，由职工代表大会选举产生。 同日，公司召开职工代表大会，经与会职工代表投票表决，同意选举李俊先生为公司第四届董事会职工 代表董事。李俊先生将与公司2025年第一次临时股东会选举产生的2名非独立董事及2名独立董事共同组 成公司第四届董事会，任期自职工代表大会审议通过之日起至公司第四届董事会任期届满之日止。 ...

格隆汇12月30日丨巴比食品(605338.SH)公布，公司于2025年12月30日召开2025年第一次临时股东会， 审议通过了《关于取消监事会并修订 <公司章程> 的议案》，根据修订后的《中饮巴比食品股份有限公 司章程》，公司董事会成员中应当至少包括1名职工代表董事，由职工代表大会选举产生。 同日，公司召开职工代表大会，经与会职工代表投票表决，同意选举李俊先生为公司第四届董事会职工 代表董事。李俊先生将与公司2025年第一次临时股东会选举产生的2名非独立董事及2名独立董事共同组 成公司第四届董事会，任期自职工代表大会审议通过之日起至公司第四届董事会任期届满之日止。 ...

证券代码：605338 证券简称：巴比食品 公告编号：2025-039 一、第四届董事会及董事会专门委员会组成情况 1、非独立董事：刘会平先生（董事长），吴建国先生 2、独立董事：毛健先生，万华林先生 3、职工代表董事：李俊先生 4、第四届董事会专门委员会组成情况 中饮巴比食品股份有限公司 关于董事会完成换届选举及聘任高级管理人员、证 券事务代表的公告 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。 中饮巴比食品股份有限公司（以下简称"公司"）于 2025 年 12 月 30 日召 开 2025 年第一次临时股东会，选举产生了第四届董事会 2 名非独立董事和 2 名 独立董事，与公司同日召开的职工代表大会选举产生的 1 名职工代表董事共同组 成公司第四届董事会。 同日，公司召开第四届董事会第一次会议，审议通过了关于选举第四届董事 会董事长、选举第四届董事会专门委员会委员、聘任高级管理人员及证券事务代 表等相关议案。现将具体情况公告如下： | 专门委员会名称 | 主任委员 | 委员 | | | --- | --- | --- | ...

证券代码：605338 证券简称：巴比食品 公告编号：2025-037 中饮巴比食品股份有限公司 关于选举职工代表董事的公告 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。 中饮巴比食品股份有限公司（以下简称"公司"）于 2025 年 12 月 30 日召开 2025 年第一次临时股东会，审议通过了《关于取消监事会并修订<公司章程>的议案》， 根据修订后的《中饮巴比食品股份有限公司章程》（以下简称"《公司章程》"）， 公司董事会成员中应当至少包括 1 名职工代表董事，由职工代表大会选举产生。 李俊先生将与公司 2025 年第一次临时股东会选举产生的 2 名非独立董事及 2 名独立董事共同组成公司第四届董事会，任期自职工代表大会审议通过之日起至公 司第四届董事会任期届满之日止。 李俊先生担任公司职工代表董事后，公司第四届董事会中兼任公司高级管理人 员职务的董事以及由职工代表担任的董事人数总计未超过公司董事总数的二分之一， 符合相关法律法规、规范性文件及《公司章程》的规定。 特此公告。 中饮巴比食品股份有限公司董事会 2025 年 ...