云南白药集团股份有限公司 关于 2025 年特别分红方案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 重要提示： 1、云南白药集团股份有限公司（以下简称"公司"）2025 年特别分红方 案每股分配比例：向全体股东每 10 股派发现金红利 10.19 元（含税）。 2、特别分红方案须提交公司 2025 年第一次临时股东大会审议，尚存 在不确定性，敬请广大投资者理性投资，注意投资风险。 3、在本公司利润分配预案披露之日起至实施权益分派股权登记日期间， 公司享有利润分配权的股份总额由于增发新股、股权激励行权、可转债转 股、股份回购等原因发生变化的，公司将按每股分配比例不变的原则，相 应调整分红总额。 股票代码：000538 股票简称：云南白药 公告编号：2025-29 根据公司 2025 年半年度报告，公司 2025 年上半年公司实现营业收入 212.57亿元，同比增长3.92%；实现归母净利润36.33亿元，同比增长13.93%， 实现扣非归母净利润 34.61 亿元，同比增长 10.40%；实现经营性净现金流 39.61 亿元，同比增长 21.45%； ...

每经AI快讯，8月29日，云南白药（000538）(000538.SZ)公告称，公司2025年上半年实现营业收入 212.57亿元，同比增长3.92%；净利润36.33亿元，同比增长13.93%。 ...

人民财讯8月29日电，云南白药（000538）8月29日晚间发布半年报，2025年上半年，公司实现营业收入 212.57亿元，同比增长3.92%；归母净利润36.33亿元，同比增长13.93%；基本每股收益2.04元；拟每10 股派发现金红利10.19元(含税)。 ...

云南白药集团股份有限公司 2025 年半年度报告全文 云南白药集团股份有限公司 2025 年半年度报告 2025 年 08 月 云南白药集团股份有限公司 2025 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别 和连带的法律责任。 公司负责人董明、主管会计工作负责人马加及会计机构负责人（会计主管 人员）徐静声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本次半年报的董事会会议。 本公司请投资者认真阅读本年度报告全文，并特别注意报告第三节"管理 层讨论与分析"第十部分"公司面临的风险和应对措施"，敬请投资者注意投 资风险。 公司经本次董事会审议通过的利润分配预案为：以 1,784,262,603 股为基 数，向全体股东每 10 股派发现金红利 10.19 元（含税），送红股 0 股（含税）， 不以公积金转增股本。 1 | 第一节 | 重要提示、目录和释义 | 1 | | --- | --- | --- | | 第二节 | 公司简介和主要财务指标 | ...

证券之星消息，8月29日中药板块较上一交易日上涨0.32%，达仁堂领涨。当日上证指数报收于3857.93， 上涨0.37%。深证成指报收于12696.15，上涨0.99%。中药板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 600329 | 达仁堂 | 7723.78万 | 10.09% | -1778.15万 | -2.32% | -5945.63万 | -7.77% | | 000538 | 云南白药 | 5591.24万 | 5.32% | -4759.70万 | -4.53% | -831.54万 | -0.79% | | 300158 振东制药 | | 4860.78万 | 6.33% | 3056.24万 | 3.98% | -7917.02万 | -10.31% | | 000623 | 吉林敖东 | 3089.72万 | 6.24% | -846.23万 | -1.71% | - ...

Group 1 - The core viewpoint of the news is that the CSI 300 Pharmaceutical Index has shown significant growth, with a 10.82% increase over the past month, a 12.16% increase over the past three months, and a 23.32% increase year-to-date [1] - The CSI 300 Pharmaceutical Index is composed of listed companies in the pharmaceutical sector selected from the CSI 300 Index, reflecting the overall performance of these companies [1] - The index was established on December 31, 2004, with a base point of 1000.0 [1] Group 2 - The top ten weighted companies in the CSI 300 Pharmaceutical Index are: Heng Rui Medicine (44.62%), Pian Zai Huang (9.73%), Yunnan Baiyao (7.8%), Kelun Pharmaceutical (6.59%), East China Pharmaceutical (6.11%), New Harmony (5.67%), Fosun Pharmaceutical (5.58%), Baili Tianheng (3.99%), Tong Ren Tang (3.87%), and China Resources Sanjiu (3.11%) [1] - The market share of the CSI 300 Pharmaceutical Index holdings is 70.72% from the Shanghai Stock Exchange and 29.28% from the Shenzhen Stock Exchange [1] - The composition of the index holdings by industry shows that drug formulations account for 66.89%, traditional Chinese medicine accounts for 27.44%, and raw materials account for 5.67% [1] Group 3 - The index sample is adjusted every six months, with adjustments implemented on the next trading day following the second Friday of June and December each year [2] - Weight factors are adjusted in accordance with the sample adjustments, which occur at the same time as the regular sample adjustments [2] - In special circumstances, the index may undergo temporary adjustments, such as when a sample company is delisted or undergoes mergers, acquisitions, or splits [2]

Core Viewpoint - The A-share market experienced a significant increase on August 25, with a focus on companies in the traditional Chinese medicine (TCM) sector that have stable performance and high valuation attractiveness, as evidenced by the rebound of the Chinese Medicine ETF (560080) [1] Market Performance - The Chinese Medicine ETF (560080) rose by 0.26% on August 25, with a trading volume exceeding 150 million yuan, a 26% increase compared to the previous period, and a closing premium rate of 0.24% [1] - The ETF has seen a net inflow of over 180 million yuan for four consecutive days, indicating strong investor interest [1] - Key stocks within the ETF showed mixed performance, with New Tian Pharmaceutical rising over 6% and others like Yunnan Baiyao and Dong'e Ejiao experiencing slight increases [1][4] Valuation Metrics - The dynamic price-to-earnings (P/E) ratio of the TCM sector is at a low level since 2021, with the CSI Traditional Chinese Medicine Index TTM P/E ratio at 26.54x as of August 22, 2025 [2] Earnings Reports - As of August 23, 2025, 26 TCM companies have released their semi-annual reports, accounting for 38% of the total TCM companies, with 10 companies reporting revenue growth and 13 companies reporting positive net profit growth [5] - Upcoming reports from 43 companies are expected to provide further insights into the sector's performance [5] Industry Focus Areas - **Price Governance**: The industry is expected to see differentiation due to price governance policies, with companies that have competitive advantages likely to benefit from price-volume trade-offs [6][7] - **Consumption Recovery**: The recovery of consumption, driven by macroeconomic improvement and increased health awareness among the aging population, is anticipated to boost sales of consumer-oriented TCM products [6][8] - **State-Owned Enterprise Reform**: The TCM sector has a higher proportion of state-owned enterprises compared to the overall pharmaceutical industry, and ongoing reforms are expected to create investment opportunities through performance improvements [8] Innovation and Transformation - TCM companies are actively pursuing innovation and transformation into chemical and biological drugs to expand growth opportunities, utilizing strategies such as independent research and development, mergers and acquisitions, and strategic partnerships [9][10] - Specific companies like Zhongsheng Pharmaceutical and Tian Shi Li are focusing on innovative drug development in areas such as metabolic diseases and cardiovascular conditions, with several products in various clinical trial phases [10][11]

Group 1 - As of August 22, 2025, Yunnan Baiyao's stock price closed at 57.64 yuan, with an increase of 0.14 yuan, representing a 0.24% rise [1] - The trading volume on that day was 145,522 hands, with a total transaction amount of 8.35 billion yuan [1] - Yunnan Baiyao operates in the traditional Chinese medicine sector, with its main business covering pharmaceuticals, health products, Chinese medicine resources, and pharmaceutical commerce [1] Group 2 - The company announced that its wholly-owned subsidiary, Yunnan Baiyao Group Chinese Medicine Resources Co., Ltd., will acquire 100% equity of An Guo Shi Ju Yao Tang Pharmaceutical Co., Ltd. for 660 million yuan [1] - Ju Yao Tang is a significant player in the northern Chinese herbal medicine market, with 1,567 types of herbal pieces and 240 standard备案 varieties of formula granules [1] - This acquisition is viewed as a strategic move for Yunnan Baiyao to strengthen its herbal medicine business and expand its presence in the northern market [1] Group 3 - On August 22, Yunnan Baiyao experienced a net inflow of main funds amounting to 55.8873 million yuan, with a cumulative net inflow of 128.6628 million yuan over the past five days [1]

近日，中药龙头企业云南白药（000538）发布公告，旗下全资子公司云南白药集团中药资源有限公 司将以现金方式，斥资6.6亿元收购安国市聚药堂药业有限公司100%股权。这一举措引起轩然大波，业 内认为这是中医药行业响应国家鼓励战略性并购重组和资源整合的开始，背后蕴含着诸多战略考量，也 将对中药行业格局产生深远影响。 瞄准北方中药饮片市场 在规模优势上，聚药堂的核心业务涵盖中药饮片加工与配方颗粒的研发生产，拥有1567个饮片品种 （4000余个品规），为饮片行业品类最齐全的企业之一，配方颗粒国标备案品种已达240个。 此外，此次收购还设置了业绩承诺。聚药堂承诺，2025年至2027年，其主营业务收入将分别达6.24 亿元、6.16亿元以及6.66亿元；净利润分别达6600万元、5970万元以及6390万元。尽管云南白药可派驻 执行董事、财务、质量负责人等核心管理人员，但需保留聚药堂原团队至2027年，双方管理团队需要一 定时间磨合。随着行业竞争进一步加剧，以及集采对中药饮片企业利润的冲击，聚药堂能否完成承诺的 业绩，还存在较大风险。 产能方面，聚药堂的中药饮片满负荷年产能达2.5万吨，配方颗粒年产能达1500吨， ...

Group 1 - The core viewpoint of the article highlights the decline in the production of traditional Chinese medicine (TCM) in China, with a projected decrease in output and significant year-on-year reductions [1][3] - According to data from the National Bureau of Statistics, the production of TCM in China is expected to be 156,000 tons by June 2025, representing a year-on-year decrease of 6.6% [1] - In the first half of 2025, the cumulative production of TCM in China reached 875,000 tons, showing a cumulative decline of 13% [1] Group 2 - The article lists several publicly listed companies in the TCM sector, including Yunnan Baiyao, Tongrentang, and others, indicating the key players in the industry [1] - The report referenced is the "2025-2031 China Traditional Chinese Medicine Industry Development Situation Analysis and Industry Prospect Planning Report" published by Zhiyan Consulting, which provides insights into the future of the TCM industry [1][2]