证券代码：000860 证券简称：顺鑫农业 公告编号：2025-012 北京顺鑫农业股份有限公司 关于拟续聘会计师事务所的公告 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。 特别提示：本次续聘会计师事务所符合财政部、国务院国资委、证监会印发的《国 有企业、上市公司选聘会计师事务所管理办法》（财会〔2023〕4 号）的规定。 首席合伙人：杨雄 北京顺鑫农业股份有限公司（以下简称"本公司"或"公司"）于 2025 年 4 月 22 日召 开了第九届董事会第二十一次会议，审议通过了《关于续聘公司 2025 年度财务报表审 计机构》《关于续聘公司 2025 年度内部控制审计机构》的议案，董事会同意续聘北京 德皓国际会计师事务所(特殊普通合伙)（简称"北京德皓国际"）为公司 2025 年度财务 报表审计机构、内部控制审计机构，本事项尚需提交公司 2024 年年度股东大会审议。 现将相关事项公告如下： 一、拟续聘会计师事务所的基本情况 （一）机构信息 1、基本信息 会计师事务所名称：北京德皓国际会计师事务所（特殊普通合伙） 成立日期：2008 年 12 月 8 日 组织 ...

董事会审计委员会对会计师事务所 2024 年度履职情况评估及 履行监督职责情况的报告 北京顺鑫农业股份有限公司（以下简称"公司"）董事会审计委员会根据《公司 法》《证券法》《国有企业、上市公司选聘会计师事务所管理办法》《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》及《公司章程》等相关 规定和要求，现就对北京德皓国际会计师事务所(特殊普通合伙)（以下简称"德皓事务 所"）2024 年度履职情况评估及履行监督职责的情况报告如下： 一、2024 年年审会计师事务所基本情况 （一）会计师事务所基本情况 1.基本信息 会计师事务所名称：北京德皓国际会计师事务所（特殊普通合伙） 成立日期：2008 年 12 月 8 日 组织形式：特殊普通合伙 注册地址：北京市西城区阜成门外大街 31 号 5 层 519A 首席合伙人：杨雄 人员信息：截至 2024 年 12 月 31 日，德皓事务所合伙人 66 人，注册会计师 300 人，签署过证券服务业务审计报告的注册会计师 140 人。 德皓事务所近三年因执业行为受到刑事处罚 0 次、行政处罚 0 次、行政监管措施 2 次、自律监管措施 0 次和纪律处分 ...

证券代码：000860 证券简称：顺鑫农业 公告编号：2025-014 北京顺鑫农业股份有限公司 日常关联交易预计公告 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。 一、日常关联交易基本情况 （一）日常关联交易概述 北京顺鑫农业股份有限公司（以下简称"公司"、"本公司"）及其下属公司与 公司控股股东北京顺鑫控股集团有限公司（以下简称"顺鑫控股"）及其附属公司 因日常业务经营需要发生日常关联交易，涉及向关联人销售商品、提供劳务、采 购商品、接受劳务等，2025年关联交易预计总金额不超过8,770.00万元。2024年 关联交易预计总金额不超过19,635.00万元，2024年同类交易实际发生总金额为 6,188.95万元。 公司于2025年4月22日召开了第九届董事会第二十一次会议，会议审议通过 了关于《公司日常关联交易预计》的议案。关联董事李颖林先生、李秋生先生、 林金开先生进行了回避。 该议案已经独立董事专门委员会审议通过，尚需提交股东大会审议批准，关 联股东顺鑫控股将在股东大会上回避表决该议案。 （二）预计日常关联交易类别和金额 单位：万元 | 关联交易 ...

| 目录 | | 诚信经营 | | 守"鑫"护绿 | | 匠"鑫"独运 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 携手"鑫"篇章 | | 共建生态家园 | | 雕琢品质巅峰 | | | 关于本报告 | 01 | 党建引领前行 | 23 | 应对气候变化 | 36 | 创新驱动引领 | 65 | | 董事长致辞 | 03 | 规范治理基石 | 25 | 环境合规管理 | 43 | 科学安全养殖 | 78 | | 2024年可持续发展亮点 | 05 | 董监高薪酬 | 28 | 水资源管理 | 57 | 食品质量与安全 | 80 | | 关于顺鑫农业 | 07 | | | | | | | | | | 加强合规管理 | 29 | 物料循环利用 | 63 | 客户权益保护 | 88 | | 可持续发展治理 | 12 | 优化投关管理 | 30 | | | 负责任供应链 | 90 | | 专题 营销风暴，美味出圈进行时 | 19 | 恪守商业诚信 | 32 | | | 数据安全保护 | 93 | | 展望未来 | 123 | | | | | ...

Financial Performance - The company's operating revenue for 2024 was CNY 9,125,832,461.81, a decrease of 13.85% compared to CNY 10,592,555,954.31 in 2023[21] - The net profit attributable to shareholders for 2024 was CNY 231,171,053.79, representing a significant increase of 178.20% from a loss of CNY 295,598,061.91 in 2023[21] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 245,677,692.72, up 143.08% from a loss of CNY 570,232,397.04 in the previous year[21] - The net cash flow from operating activities for 2024 was CNY 111,672,106.45, a turnaround of 115.13% from a negative cash flow of CNY 738,176,889.59 in 2023[21] - Basic earnings per share for 2024 were CNY 0.3116, compared to a loss of CNY 0.3985 per share in 2023, marking an increase of 178.19%[21] - Total assets at the end of 2024 were CNY 14,994,542,079.57, a decrease of 2.42% from CNY 15,367,166,219.19 at the end of 2023[21] - The net assets attributable to shareholders increased by 3.41% to CNY 7,013,897,157.51 at the end of 2024, compared to CNY 6,782,726,103.72 at the end of 2023[21] - The weighted average return on equity for 2024 was 3.35%, an improvement of 7.62 percentage points from -4.27% in 2023[21] Revenue Breakdown - The white liquor business generated revenue of 7.041 billion yuan, a year-on-year increase of 3.19%, with sales volume reaching 369,400 hectoliters and production volume at 378,800 hectoliters[50] - The slaughtering segment's revenue decreased by 29.64% to ¥1,689,576,854.99, down from ¥2,401,225,119.45 in the previous year[65] - The pork business achieved revenue of 1.891 billion yuan, a decrease of 27.21% year-on-year, with slaughtering and breeding revenues of 1.689 billion yuan and 202 million yuan respectively[60] - The total operating revenue for 2024 is ¥9,125,832,461.81, representing a decrease of 13.85% compared to ¥10,592,555,954.31 in 2023[65] Market and Industry Insights - The white liquor industry in China faced a production decline of 1.8% in 2024, indicating a challenging market environment with a focus on inventory reduction and price stabilization[30] - The pork industry saw a decrease in live pig output by 3.3% and pork production by 1.5% in 2024, indicating a shift towards quality improvement in the sector[32] - The company’s "Niulanshan" brand achieved a brand value of ¥764.67 billion, ranking high in the Chinese liquor brand value list, reflecting strong market positioning[31] Product Development and Marketing - The company launched new high-end products such as "Kuisenghao·Beijing Courtesy" to enhance its product matrix and brand elevation strategy[34] - The company aims to strengthen its market presence through innovative marketing activities and consumer engagement initiatives, particularly for its "Jinbiao" product line[34] - The marketing strategy includes leveraging new media to increase brand awareness and drive sales growth[99] Operational Efficiency and Cost Management - The main components of operating costs included raw materials at ¥1,571,678,245.10 (40.58%) and finished liquor at ¥1,763,624,878.36 (45.54%) for the reporting period[40] - Cost control measures have been implemented, leading to a reduction in raw material costs through centralized procurement[62] - The company has optimized its breeding operations, improving the health status of the pig population and increasing annual output per pig[62] Corporate Governance and Management - The company is committed to maintaining high levels of corporate governance with active participation from independent directors[112] - The board of directors includes members with significant experience in the food and beverage industry, enhancing operational expertise[112] - The total remuneration for directors, supervisors, and senior management amounted to 9.023 million yuan[117] Environmental Responsibility - The company invested a total of 5.9699 million yuan in environmental governance and protection for 2024, with an environmental protection tax payment of 170,600 yuan[143] - The company has established an emergency response plan for environmental protection incidents, with a command team led by the general manager[141] - Monthly monitoring of wastewater and air emissions is conducted, with results published on the ecological environment bureau's website[142] Shareholder Engagement - The annual shareholders meeting had an investor participation rate of 46.57% on April 20, 2024[108] - The first extraordinary shareholders meeting in 2024 had an investor participation rate of 45.61% on April 16, 2024[108] - The company reported a cash dividend of 1.50 CNY per 10 shares, totaling 111,265,048.35 CNY, which represents 100% of the distributable profit[131] Risk Management - The company acknowledges potential risks in its future plans and development strategies, urging investors to maintain adequate risk awareness[5] - The fluctuation of pig prices poses a risk to both the breeding and slaughtering segments of the pork industry[101] - The company faces systemic risks from external environmental changes and industry policy adjustments in the liquor industry[101]

Financial Performance - The company's operating revenue for Q1 2025 was ¥3,258,299,227.75, a decrease of 19.69% compared to ¥4,056,913,966.04 in the same period last year[4] - Net profit attributable to shareholders was ¥282,349,614.41, down 37.34% from ¥450,576,815.92 year-on-year[4] - Basic earnings per share decreased to ¥0.3806, a decline of 37.34% from ¥0.6074 in the previous year[4] - The net profit for the current period is CNY 285,117,559.32, a decrease of 37% compared to CNY 451,818,054.30 in the previous period[18] - The operating profit for the current period is CNY 401,363,760.63, down from CNY 627,253,247.19, reflecting a decline of approximately 36%[18] - The total revenue from operating activities is CNY 2,020,525,079.44, compared to CNY 2,811,518,816.31 in the previous period, indicating a decrease of about 28%[19] - The total comprehensive income for the current period is CNY 285,117,559.32, compared to CNY 451,818,054.30 in the previous period, reflecting a decrease of 37%[19] Cash Flow and Assets - The net cash flow from operating activities was -¥703,637,339.62, representing a decrease of 58.45% compared to -¥444,071,088.79 in the same period last year[4] - The company's cash and cash equivalents decreased to CNY 6,241,862,978.36 from CNY 6,948,788,481.84, reflecting a decline of 10.1%[13] - The cash and cash equivalents at the end of the period amount to CNY 6,237,448,625.76, down from CNY 6,728,791,164.97 in the previous period[20] - Total assets at the end of Q1 2025 were ¥13,464,106,665.19, down 10.21% from ¥14,994,542,079.57 at the end of the previous year[4] - Total assets decreased to CNY 13,464,106,665.19 from CNY 14,994,542,079.57, a decline of 10.2%[15] Liabilities and Equity - Current liabilities totaled CNY 4,933,398,580.79, down 23.3% from CNY 6,450,021,962.88 in the previous period[15] - The company's total liabilities decreased to CNY 6,124,659,375.90 from CNY 7,940,212,349.60, a reduction of 22.9%[15] - The equity attributable to the parent company increased to CNY 7,296,246,771.92 from CNY 7,013,897,157.51, reflecting a growth of 4.1%[15] Inventory and Receivables - The company's inventory decreased by 36.48% to ¥145,000,000, primarily due to increased sales of liquor[6] - Inventory decreased significantly to CNY 1,456,053,456.88 from CNY 2,292,364,257.53, a reduction of 36.5%[14] - Accounts receivable increased to CNY 31,904,864.39 from CNY 20,161,639.51, representing a growth of 58.5%[13] Expenses - Sales expenses increased by 34.10% to ¥29,000,000, attributed to heightened promotional activities during the Spring Festival[8] - The company incurred sales expenses of CNY 294,122,867.17, an increase of 34% compared to CNY 219,337,139.78 in the previous period[18] - Financial expenses decreased by 140.53% to ¥2,000,000, influenced by increased interest income from deposits[8] - The company reported a financial expense of -CNY 12,517,925.25, a significant improvement from CNY 30,885,771.70 in the previous period[18] - The company's tax expenses for the current period are CNY 116,379,840.65, down from CNY 175,438,977.02 in the previous period, indicating a decrease of approximately 34%[18] Contract Liabilities - Contract liabilities decreased by 78.31% to ¥38,000,000, mainly due to the recognition of revenue from previously received payments[7]

按2025年4月7日收盘价涨跌 | 企业名称 | 收盘价 | 涨跌幅 | 年度涨幅 | | --- | --- | --- | --- | | | (元) | (按涨幅排序) | 2025年初至4月7日 | | 山西汾酒 | 216.5 | -0.76% | 19.12% | | 今世象 | 51.31 | -2.30% | 13.44% | | 一得酒业 | 56.84 | -3.37% | -13.79% | | 五粮液 | 126.78 | -3.95% | -7.77% | | #酒屋热 | 73.4 | -4.36% | -9.61% | | 贵州茅台 | 1500 | -4.39% | -1.57% | | 美盛花 | 18.42 | -4.76% | -6.02% | | 沪南老窖 | 125.56 | -5.29% | 1.39% | | 迎驾贡酒 | 51.22 | -5.60% | -5.04% | | 古井贡酒 | 164.1 | -5.94% | -4.76% | | 口子箸 | 33.86 | -7.76% | -13.71% | | 水井坊 | 45.15 | -8.32% | - ...

Investment Rating - The report maintains a "Buy" recommendation for key companies in the liquor industry, including Guizhou Moutai, Wuliangye, Luzhou Laojiao, Shanxi Fenjiu, and others [4][5]. Core Insights - The liquor industry is experiencing a transformation driven by instant retail, which is expected to reduce the survival space of traditional distributors and retail stores, leading to increased concentration [1][11]. - Consumer demand has reached a bottom, with structural upgrades being the main supporting logic for recovery, dependent on the activity level of the economy [2][3]. - The report highlights the importance of brand proximity to consumers, with increased investment in consumer-facing marketing, although short-term profit growth may be impacted [2][18]. Summary by Sections Section 1: Industry Trends - The 112th National Sugar and Wine Products Trade Fair showed a decline in traditional trading functions, with a shift towards trend forums and new product showcases [10]. - Instant retail is becoming a crucial channel for brand promotion, with significant growth in the sector, projected to exceed 2 trillion yuan by 2030 [12][15]. - The report notes that the liquor industry is seeing a reduction in supply, with a stable profit growth forecast for 2024, despite a slight decline in production [27][31]. Section 2: Company Strategies - Wuliangye is reforming its marketing system and adjusting its organizational structure to enhance direct sales and control over pricing [38][39]. - Water Well Square is focusing on a dual-brand strategy to cater to different market segments, with plans to launch high-end products priced above 800 yuan [42][43]. - Shede Liquor is implementing an employee stock incentive plan to align interests and drive performance, with ambitious growth targets set for the coming years [47][48]. Section 3: Financial Projections - The report provides financial forecasts for key companies, indicating stable revenue and profit growth for leading brands like Guizhou Moutai and Jinhuijiu, while some mid-tier brands face profitability challenges [36][37].

近日，公司收到城固县行政审批服务局核发的《登记通知书》，准予注销登 记汉中顺鑫生猪产业联盟服务有限公司。 二、注销孙公司的基本情况 证券代码：000860 证券简称：顺鑫农业 公告编号：2025-006 北京顺鑫农业股份有限公司 关于汉中顺鑫生猪产业联盟服务有限公司完成 工商注销登记的公告 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。 一、基本情况 北京顺鑫农业股份有限公司（以下简称"公司"）于 2025 年 1 月 7 日召开 第九届董事会第十九次会议，审议通过了《关于拟注销孙公司汉中顺鑫生猪产业 联盟服务有限公司的议案》，具体情况详见公司于 2025 年 1 月 8 日披露的《北 京顺鑫农业股份有限公司关于拟注销子公司及孙公司的公告》（公告编号 2025-002）。 注册资本：500 万人民币 公司名称：汉中顺鑫生猪产业联盟服务有限公司 成立时间：2016 年 12 月 15 日 注册地址：陕西省汉中市城固县江湾 法定代表人：贾常乐 统一社会信用代码：91610722MA6YNDBE47 经营范围：发展公司与农户合作养猪并提供配套服务；生猪养殖技术引进、 ...

北京顺鑫农业股份有限公司第九届董事会第二十次会议决议公告 证券代码：000860 证券简称：顺鑫农业 公告编号：2025-005 公司拟向北京农村商业银行股份有限公司顺义支行申请人民币 30 亿元综合 授信额度，期限一年，由北京顺鑫控股集团有限公司提供连带责任保证担保。 一、董事会会议召开情况 北京顺鑫农业股份有限公司（以下简称"公司"或"顺鑫农业"）第九届董 事会第二十次会议通知于 2025 年 2 月 11 日以当面送达的方式通知了公司全体董 事、监事，会议于 2025 年 2 月 21 日在顺鑫国际商务中心 12 层会议室召开，会 议应出席董事 9 人，实际出席董事 9 人。会议由董事长李颖林先生主持，公司监 事、高级管理人员列席了本次会议。本次会议符合《公司法》和《公司章程》的 有关规定。 二、董事会会议审议情况 1、审议通过了《关于公司拟向北京农村商业银行股份有限公司顺义支行申 请综合授信》的议案。 表决结果：有效表决票数 9 票，其中同意票 9 票，反对票 0 票，弃权票 0 票。 北京顺鑫农业股份有限公司 第九届董事会第二十次会议决议公告 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 ...