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。 关于控股子公司果汁饮料项目试生产的公告 证券代码：000929 证券简称：*ST 兰黄 公告编号：2025（临）-81 兰州黄河企业股份有限公司 提升饮料业务的核心竞争力与可持续发展能力。 四、风险提示 项目试生产的产品质量稳定达到预定标准后，即可正式投产，但达到 设计产能尚需一定时间，市场环境变化、原材料价格波动、宏观经济环境 变动等因素可能导致产能释放存在不确定性，进而影响项目的经济效益。 敬请广大投资者谨慎决策，注意投资风险。 截至本公告披露日，重庆黄河果汁饮料项目已完成厂房购置、设备安 装与调试等前期准备工作，目前已具备试生产条件，将于近期正式进入试 生产阶段。 三、对公司的影响 果汁饮料项目符合公司的长远规划和战略布局，投产后公司可以在现 有饮料业务基础上进一步优化产品结构与渠道布局，丰富果汁类产品矩阵， 1 一、项目基本情况 兰州黄河企业股份有限公司（以下简称"公司"）于 2025 年 11 月 10 日召开董事会审议通过了《关于控股子公司投资建设果汁饮料项目的 议案》，同意公司的控股子公司黄河（重庆 ...

Core Viewpoint - The company *ST Lanhuang (000929)* has announced that its subsidiary, Huanghe (Chongqing) Beverage Co., Ltd., has completed the preliminary preparations for its juice beverage project and is ready to enter the trial production phase shortly [1] Group 1 - The subsidiary, Huanghe (Chongqing), has completed the purchase of the factory building and the installation and debugging of equipment [1] - The project is now equipped for trial production, indicating a significant step forward in the company's operational capabilities [1]

Core Viewpoint - The company *ST Lanhua (000929.SZ) announced that its subsidiary, Huanghe (Chongqing) Beverage Co., Ltd., has completed the preliminary preparations for its juice beverage project and is ready to enter the trial production phase soon [1] Group 1 - The subsidiary, Huanghe (Chongqing), has completed the purchase of factory buildings and the installation and debugging of equipment [1] - The project is now equipped for trial production, indicating a significant step forward in the company's operational capabilities [1]

Core Viewpoint - *ST Lanhua (000929.SZ) has no plans to sponsor the live broadcast of the World Cup football match on CCTV Sports Channel next year [1] Company Summary - The company has communicated through the investor interaction platform regarding its sponsorship plans for the upcoming World Cup [1]

Core Viewpoint - *ST Lanhuang (000929.SZ) has stated on the investor interaction platform that the company has no plans to sponsor the live broadcast of the World Cup football match on CCTV Sports Channel next year [1] Company Summary - The company has confirmed its decision regarding sponsorship for the upcoming World Cup, indicating a strategic choice not to engage in this high-profile advertising opportunity [1]

Market Overview - The non-liquor sector experienced a decline of 0.33% on the previous trading day, with *ST Yedao leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Stock Performance - Key stocks in the non-liquor sector showed varied performance, with Kuaijishan (601579) rising by 1.47% to a closing price of 22.76, while *ST Yedao (600238) fell by 3.60% to 6.69 [1][2] - Other notable movements included ST Xifa (000752) increasing by 1.22% and Zhangyu A (000869) rising by 0.28% [1] Trading Volume and Value - Kuaijishan recorded a trading volume of 174,100 shares, with a transaction value of approximately 3.95 million yuan [1] - The total net outflow of main funds in the non-liquor sector was 12.99 million yuan, while retail investors saw a net inflow of 9.51 million yuan [2][3] Fund Flow Analysis - Main funds showed a net outflow in several stocks, including Kuaijishan with a net outflow of 23.57 million yuan, while Zhangyu A had a net inflow of 7.98 million yuan [3] - Retail investors contributed positively to the fund flow in stocks like 百润股份 (002568), which saw a net inflow of 20.47 million yuan despite a main fund outflow [3]

Core Viewpoint - The report highlights the growth of China's beer production, indicating a positive trend in the industry with a year-on-year increase in production volume. Industry Summary - As of September 2025, China's beer production reached 3.04 million kiloliters, reflecting a year-on-year growth of 3.1% [1] - From January to September 2025, the cumulative beer production in China was 30.952 million kiloliters, showing a cumulative growth of 3.7% [1] Company Summary - Listed companies in the beer industry include Zhujiang Beer (002461), Chongqing Beer (600132), Yanjing Beer (000729), Lanzhou Yellow River (000929), and Huichuan Beer (600573) [1] - The report by Zhiyan Consulting provides insights into the non-alcoholic beer market dynamics and competitive strategies from 2025 to 2031 [1]

Market Overview - The non-liquor sector experienced a decline of 0.95% on November 18, with Yanjing Beer leading the drop [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance - Key stocks in the non-liquor sector showed varied performance, with ST Xifa closing at 12.32, up 0.49%, while other notable declines included Caijing Beer down 2.41% to 12.14 and Huichuan Beer down 2.41% to 12.15 [2] - The trading volume and turnover for selected stocks indicated significant activity, with Chongqing Beer recording a turnover of 1.33 billion and ST Xifa at 47.48 million [1][2] Capital Flow - The non-liquor sector saw a net outflow of 109 million from major funds, while retail investors contributed a net inflow of 115 million [2] - Detailed capital flow data showed that ST Xifa had a net inflow of 671,900 from major funds, while other stocks like ST Yedao experienced significant outflows [3]

（记者 王瀚黎） 每经AI快讯，有投资者在投资者互动平台提问：贵公司11月10日公告黄河重庆公司投资建没果汁饮料 项目，请问该项目的建设周期及建成后预期产值约是什么规模？ *ST兰黄（000929.SZ）11月18日在投资者互动平台表示，黄河（重庆）饮品有限公司果汁饮料项目投 产后，将拥有一条设计产能为30吨/小时的柑橘综合加工生产线。 ...

Core Viewpoint - Lanzhou Yellow River Ecological Holding Group has achieved AAA credit rating, marking a significant milestone as the first municipal state-owned enterprise in Lanzhou to receive this rating, reflecting its successful transformation and improvement in capital strength, debt repayment ability, governance level, and sustainable development capacity [1] Group 1: Reform and Restructuring - Lanzhou City has initiated a comprehensive and in-depth "restructuring and reshaping" campaign to enhance the core functions and competitiveness of municipal state-owned enterprises, utilizing the innovative "ABC" restructuring model [2] - The "ABC" model involves high-level restructuring of investment entities (A), effective handling of debt entities (B), and high-quality reconstruction of industrial entities (C), achieving effective separation of operational assets from government debts [2][3] - The establishment of Lanzhou Yellow River Ecological Holding Group as the headquarters aims to manage existing assets and ensure creditor interests while enhancing market competitiveness [2] Group 2: Industry Transformation - The restructuring of Lanzhou Yellow River Company aligns with national strategies for state-owned enterprise reform, focusing on separating infrastructure from industrial operations and promoting green transformation through tourism, circular economy, and low-carbon projects [3] - The company is developing seven synergistic industrial sectors, referred to as the "Golden Seven Stars," to support its future growth and enhance its role as a state-owned capital investment and operation company [3][4] Group 3: Brand Empowerment - Lanzhou Yellow River Company has recognized the importance of brand soft power, successfully creating the "Xiao Lan" series of urban service brands to enhance service quality and industry value [5][6] - The "Xiao Lan" brand has become a symbol of high-quality services in Lanzhou, connecting the company with the community and enhancing its market competitiveness and social influence [6] - As of October 2025, the company reported a 45.43% year-on-year increase in revenue, stable profit growth, and total assets reaching approximately 70 billion, with a healthy debt-to-asset ratio below 50% [6]