证券代码：000729 证券简称：燕京啤酒 公告编号：2025-53 北京燕京啤酒股份有限公司 《重大信息内部报告制度》修正案 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 2025 年 5 月 30 日，北京燕京啤酒股份有限公司（以下简称"公司"）召开 了第八届董事会第三十四次会议，审议通过了《关于修改<重大信息内部报告制 度>的议案》。 根据《中华人民共和国公司法》、《中华人民共和国证券法》、《深圳证券交易 所股票上市规则》、《上市公司信息披露管理办法》、《深圳证券交易所上市公司自 律监管指引第 5 号——信息披露事务管理》等有关规定，结合公司实际情况，公 司决定对《重大信息内部报告制度》部分条款进行修订。本次《重大信息内部报 告制度》修正案和《重大信息内部报告制度》全文于 2025 年 6 月 3 日刊登在巨 潮资讯网（http://www.cninfo.com.cn）。 修订情况对照表 | 修订前 | 修订后 | | --- | --- | | 全文"股东大会" | 全文"股东大会"修改为"股东会" | | 全文除第三条第（五）项外，其余"董 | 全 ...

本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误 导性陈述或重大遗漏。 2025 年 5 月 30 日，北京燕京啤酒股份有限公司（以下简称"公司"）召开 了第八届董事会第三十四次会议，审议通过了《关于修改<年报信息披露重大差 错责任追究制度>的议案》。 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理准 则》《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》等相关法律法规，结合公司实际情况，公司决 定对《年报信息披露重大差错责任追究制度》部分条款进行修订。本次《年报信 息披露重大差错责任追究制度》修正案和《年报信息披露重大差错责任追究制度》 全文于 2025 年 6 月 3 日刊登在巨潮资讯网（http://www.cninfo.com.cn）。 证券代码：000729 证券简称：燕京啤酒 公告编号：2025-61 北京燕京啤酒股份有限公司 《年报信息披露重大差错责任追究制度》修正案 修订情况对照表 | 修订前 | 修订后 | | --- | --- | | 第二条 本制度所指责任追究制度是指年 | 第二条 本制度 ...

证券代码：000729 证券简称：燕京啤酒 公告编号：2025-60 北京燕京啤酒股份有限公司 | 修订前 | 修订后 | | --- | --- | | 第一条 为完善公司治理机制，加强内部 | 第一条 为完善公司治理机制，加强内部 | | 控制建设，进一步提高信息披露编制工作 | 控制建设，进一步提高信息披露编制工作 | | 的基础，充分发挥独立董事在信息披露方 | 的基础，充分发挥独立董事在信息披露方 | | 面的作用，根据中国证监会的相关规定， | 面的作用，根据中国证监会的有关规定 | | 以及《公司章程》《公司独立董事工作制 | 《上市公司独立董事管理办法》《上市公 | | 度》《公司信息披露管理办法》的有关规 | 司自律监管指引第 8 号——上市公司资 | | 定，特制定本工作制度。 | 金往来、对外担保监管要求》及《深圳证 | | | 券交易所上市公司自律监管指引第 1 号 | | | ——主板上市公司规范运作》《上市公司 | | | 独立董事履职指引》等法律法规、规范性 | | | 文件、监管规则以及《公司章程》《公司 | | | 独立董事工作制度》和《公司信息披露管 | | | 理办法》的 ...

会议资料 1 北京燕京啤酒股份有限公司 2024 年度股东会会议材料 北京燕京啤酒股份有限公司 2024 年度股东会会议资料 北京燕京啤酒股份有限公司 2024 年度股东会会议材料 北京燕京啤酒股份有限公司 2024 年度股东会 会议召开日期：2025 年 6 月 24 日 | 会议程序 | 会议内容 | | --- | --- | | 一 | 审议《2024 年度董事会报告》 | | 二 | 审议《2024 年度监事会报告》 | | 三 | 审议《2024 年度财务决算报告及 2025 年度财务预算报告》 | | 四 | 审议《2024 年年度报告》及《2024 年年度报告摘要》 | | 五 | 审议《2024 年度利润分配方案》 | | 六 | 审议《关于确定 2024 年度财务报告审计报酬及续聘 2025 年度财 | | | 务报告审计机构的议案》 | | 七 | 审议《关于确定 2024 年度内控审计报酬及续聘 2025 年度内控审 | | | 计机构的议案》 | | 八 | 审议《关于对董事、高级管理人员 2024 年度薪酬确认的议案》 | | 九 | 审议《关于对监事 2024 年度薪酬确认的议案 ...

证券代码：000729 证券简称：燕京啤酒 公告编号：2025-52 北京燕京啤酒股份有限公司 关于召开 2024 年度股东会的通知 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。 一、召开会议的基本情况 1、股东会届次：2024年度股东会。 2、股东会的召集人：公司董事会。 公司第八届董事会第三十四次会议审议通过了《关于召开2024年度股东会的 议案》。 3、会议召开的合法、合规性：本次股东会会议召开符合有关法律、行政法 规、部门规章、规范性文件、深圳证券交易所业务规则和《公司章程》等的规定。 4、会议召开的日期、时间： 现场会议召开时间：2025年6月24日(星期二)14:30 网络投票时间：2025年6月24日(星期二)。其中： （1）通过深圳证券交易所交易系统进行网络投票的具体时间为：2025年6月 24日9:15-9:25，9:30-11:30和13:00-15:00； （2）通过深圳证券交易所互联网投票系统投票的具体时间为：2025年6月24 日9:15-15:00。 5、会议的召开方式：本次股东会采用现场表决与网络投票相结合的方式召 开。 （ 1 ...

证券代码：000729 证券简称：燕京啤酒 公告编号：2025-51 北京燕京啤酒股份有限公司 第八届董事会第三十四次会议决议公告 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。 一、董事会会议召开情况 1、审议并通过了《关于修改<重大信息内部报告制度>的议案》 表决结果：同意票 6 票，反对票 0 票，弃权票 0 票。本议案获得通过。 制 度 修 正 案 及 制 度 全 文 于 2025 年 6 月 3 日 刊 登 在 巨 潮 资 讯 网 （http://www.cninfo.com.cn）。 2、审议并通过了《关于修改<内幕信息知情人管理制度>的议案》 表决结果：同意票 6 票，反对票 0 票，弃权票 0 票。本议案获得通过。 制 度 修 正 案 及 制 度 全 文 于 2025 年 6 月 3 日 刊 登 在 巨 潮 资 讯 网 （http://www.cninfo.com.cn）。 3、审议并通过了《关于修改<外部信息使用人管理制度>的议案》 表决结果：同意票 6 票，反对票 0 票，弃权票 0 票。本议案获得通过。 制 度 修 正 案 及 制 度 全 ...

Core Viewpoint - Yanjing Beer is strategically entering the non-alcoholic beverage market with its new product "Beisite Jia Bing Soda," aiming to create a "beer + soda" consumption combination in response to industry changes and to leverage supply chain synergies [1][2] Industry Background - The Chinese beer industry has been in a downward cycle for ten consecutive years since reaching its production peak in 2013, with a 1.9% year-on-year decline in 2024 for major beer enterprises, while the carbonated beverage market is growing at an annual rate of 8.58% and is expected to reach a market size of 162.2 billion yuan by 2027 [2] - There is a notable structural change in consumer demand, particularly in dining scenarios where the demand for non-alcoholic beverages is rising, with 30% of customers in hot pot restaurants explicitly requesting non-alcoholic drink options [2] Strategic Logic - Yanjing Beer’s cross-industry strategy is based on deep collaboration between production and distribution channels, allowing for easy switching between soda and beer production without significant capital investment [3] - The company is leveraging its extensive network of 500,000 restaurant terminals to promote soda products, particularly in hot pot and barbecue restaurants, enhancing SKU penetration [3] - The soda product is marketed with the slogan "Double Refreshment, Double Joy," using packaging that reflects traditional beer bottle designs while appealing to younger consumers [3] Financial Performance - In 2024, the revenue share of Yanjing's mid-to-high-end products reached 67.01%, with significant contributions from products like Yanjing U8 and V10, leading to a 1.6% year-on-year increase in revenue per ton of beer [4] - The company's net profit attributable to shareholders grew by 63.74% year-on-year to 1.056 billion yuan, with positive cash flow from operating activities for three consecutive years, providing financial support for new product development and channel investments [4] Potential Challenges - Yanjing Beer faces challenges in the crowded carbonated beverage market dominated by major brands like Nongfu Spring and Coca-Cola, with local brands holding less than 30% market share [5] - The company must overcome operational challenges in managing different consumption scenarios and marketing strategies between beer and soda [5] - There is a risk of brand perception issues, as consumers primarily associate Yanjing with beer, necessitating effective brand management strategies to avoid being seen merely as a beer company venturing into beverages [5] Industry Insights - Yanjing Beer’s cross-industry move reflects a broader trend among traditional beverage companies seeking growth through category extension and innovation in consumer scenarios [6][7] - This transformation signifies a strategic shift from channel-driven approaches to consumer demand-driven strategies, highlighting the importance of aligning with contemporary consumer preferences [7]

Group 1: Beer Industry Developments - Major beer companies are reducing workforce to control costs amid increasing competition in the industry [1][3] - Budweiser APAC reduced its workforce from approximately 25,000 in 2023 to over 21,000 in 2024, a decrease of about 4,000 employees or 16% [3] - Yanjing Beer and China Resources Beer also reported reductions of over 1,000 employees each, while Qingdao Beer cut more than 800 positions [3] Group 2: Wine Industry Events - The 5th China (Ningxia) International Wine Culture and Tourism Expo will be held from June 9 to 12, showcasing over 200 domestic and international wineries [5] - The expo will feature various activities, including a national wine industry skills competition and a cultural exhibition [5] Group 3: Labor Issues in Wine Sector - Workers at LVMH's champagne house went on strike on May 13, protesting salary and job security issues [7] - The wine and spirits division of LVMH is facing financial pressure, with a reported loss of €1.5 billion in 2024, contrasting with a cash flow of €1 billion in 2019 [7] Group 4: Leadership Changes - Treasury Wine Estates appointed Sam Fischer as the new CEO, with a compensation package including a fixed salary of AUD 1.73 million and a signing bonus of AUD 4 million [10][11] Group 5: Company Responses and Strategies - Luzhou Laojiao addressed concerns about halting orders, stating that it is maintaining normal supply channels and preparing for the upcoming Dragon Boat Festival [12][13] - Luzhou Laojiao plans to launch innovative products targeting younger consumers, including a collaboration with the sci-fi series "The Three-Body Problem" [12] Group 6: Share Buybacks and Financial Confidence - Kweichow Moutai announced a share buyback of 624,600 shares for a total of CNY 10.11 billion, completing two-thirds of its buyback plan [15] - The company plans to spend between CNY 3 billion and CNY 6 billion on share repurchases within the next 12 months [15] Group 7: Ningxia Wine Export Growth - Ningxia's wine exports reached CNY 13.75 million in 2024, supported by the development of 30 well-known wine import and export enterprises [17] - The brand value of Ningxia's Helan Mountain wine exceeded CNY 34 billion, ranking 8th in the regional brand value list [17]

Group 1 - Yanjing Beer is launching Beiste soft drink to meet the growing demand for non-alcoholic beverages among consumers, especially in dining scenarios [1][2] - The Chinese beer production volume for large-scale enterprises is projected to decline by 1.9% in 2024, while the carbonated beverage market is expected to grow at an annual rate of 8.58%, reaching 162.2 billion yuan by 2027 [1] - Yanjing aims to maximize channel value by leveraging its existing beer sales channels for the new soft drink, capitalizing on the significant growth potential in the soft drink market [1][2] Group 2 - Taishan Beer reported a net profit of 3.86 million yuan in Q1 2025, marking a substantial year-on-year increase of 621.6%, with sales volume rising by 12% from January to April [3] - The sales of Taishan raw beer have shown steady growth, with profits reaching 16.11 million yuan in 2024, an increase of 6.8% year-on-year, contributing to enhanced investor confidence [3] - The positive financial performance is expected to provide Taishan Beer with increased cash flow, further solidifying its market position [3] Group 3 - Shaanxi Xifeng Liquor has outlined its strategic goals for 2025, emphasizing the importance of market breakthroughs, marketing support, brand value enhancement, quality assurance, cultural empowerment, and management efficiency [4] - The company's comprehensive strategy for 2025 aims to transition from stabilizing its market position to accelerating towards higher objectives, which is expected to have a profound impact on its operations [4] - Xifeng's focus on various aspects such as market, brand, quality, culture, and management is designed to strengthen its position in the liquor industry and achieve new breakthroughs [4]

Financial Performance - In 2024, the company achieved operating revenue of 1,466,701.69 million yuan, a year-on-year increase of 3.20% [2] - Operating profit reached 160,874.05 million yuan, up 56.96% year-on-year [2] - Total profit amounted to 157,171.87 million yuan, reflecting a 51.26% increase [2] - Net profit attributable to shareholders was 105,567.85 million yuan, with a year-on-year growth of 63.74% [2] - The net profit after deducting non-recurring gains and losses was 104,063.74 million yuan, marking a 108.03% increase [2] - In Q1 2025, the company reported operating revenue of 382,683 million yuan, a 6.69% increase year-on-year [4] Market Growth and Strategy - The company sold 400.44 million hectoliters of beer in 2024, a 1.57% increase from the previous year [2] - The flagship product, Yanjing U8, sold 69.60 million hectoliters, with a growth of 31.40% [2] - The company is focusing on market segmentation and strategic expansion, enhancing its market development system [5][20] Management and Operational Efficiency - The company has integrated ESG principles into its core strategy, promoting a "green brewing-responsible supply chain-value co-creation" system [10] - Cost control measures and a robust management system have improved operational efficiency [3] - The company is advancing digital transformation to enhance supply chain management and operational capabilities [20] Brand Promotion and Consumer Engagement - The company is enhancing its brand positioning as "China's own beer" and implementing diverse marketing strategies to attract younger consumers [5] - A focus on multi-channel marketing and cultural IP development is aimed at increasing brand influence [10] - The company reported that mid-to-high-end products generated revenue of 886,543.04 million yuan, accounting for 67.01% of beer revenue [6] Risk Management and Compliance - The company has strengthened its compliance and risk management capabilities to ensure sustainable development [4] - It has implemented a comprehensive risk prevention framework to support stable growth [10] Future Outlook - The company anticipates continued growth in beer sales, driven by flagship products and market channel upgrades [20] - The beer industry is expected to stabilize in 2025, with a focus on product quality and consumer preferences [6]