证券代码：002186 证券简称：全聚德 公告编号：2026-02 中国全聚德（集团）股份有限公司 2025 年度业绩预告 2025 年，国家出台多项促进消费的政策，消费者信心呈温和复苏态势。现 阶段餐饮行业仍处于结构性调整过程中，呈现消费者需求分层、企业成本结构变 化等阶段性特征。 公司顺应行业趋势，坚持"守正创新"，以"餐饮+食品"双轮驱动为核心 发展战略，主动优化门店布局、持续推进消费场景升级、加大食品业务拓展与品 牌年轻化投入，主动适应市场消费新趋势。报告期内，餐饮行业延续弱复苏态势， 公司部分门店接待人次出现阶段性波动，对营收规模产生一定影响。同时，固定 费用分摊压力增大，导致单位成本费用上升，影响报告期内经营利润。此外，受 报告期内公司联营企业投资收益下滑影响，也在一定程度上影响公司整体利润。 （一）业绩预告期间：2025 年 1 月 1 日至 2025 年 12 月 31 日 （二）业绩预告情况：预计净利润为正值且属于同向下降 50%以上情形 1.以区间数进行业绩预告的 | 项 | 目 | | | 本报告期 | | | 上年同期 | | | --- | --- | --- | --- | --- ...

Group 1 - The Beijing Municipal Bureau of Commerce announced over 460 new spring consumption promotion activities under the theme "Happy Shopping New Year, Colorful Seasons" to enhance the festive consumption atmosphere for citizens and tourists [1] - The activities will include more than 35 family-oriented events across key commercial districts, featuring immersive consumption experiences that blend tradition with modernity [1] - Notable attractions include the Snoopy Ice Adventure at COFCO Xiangyun Town and various themed family parks at locations like Beibingyang Yili Paradise and Wanda Plaza, which incorporate interactive fun and cultural experiences [1] Group 2 - Numerous time-honored brands are participating in an online New Year goods festival, with major players like Shou Nong Group promoting their products through a dedicated JD.com section [2] - Traditional brands such as Quanjude and Wuyutai are launching new spring gift boxes via their online stores [2] - The Bureau will further extend service scenarios by organizing concentrated sales of traditional brands at airports and train stations, allowing customers to easily take home the flavors of Beijing [2]

Group 1 - The Beijing government is promoting over 460 new spring consumption activities under the theme "Happy Shopping for Spring Festival, Colorful Seasons in Beijing" to create a festive consumption atmosphere for citizens and tourists [1] - Key commercial districts will feature various consumption scenarios focusing on "Central Axis Charm," "Traditional Customs," "Trendy Fashion," and "Family Fun" during the Spring Festival [1] - Notable events include the "Alley Market" in Dajixiang, which highlights traditional Beijing culture, and the "Lion King in Beijing" event at Sanlitun Taikoo Li, merging traditional heritage with modern trends [1] Group 2 - Renowned brands will offer traditional Beijing delicacies, such as Daoxiangcun's festive pastries and Yili's gift boxes, to convey New Year blessings [2] - Several time-honored brands are launching online New Year goods festivals, with a special section on JD.com for products from Shunong Group's brands [2] - To stimulate consumer demand, Beijing is implementing various subsidy policies, including increased funding for appliance trade-ins and a new car trade-in program [2] - A lucky invoice activity will be introduced during the Spring Festival, allowing consumers to win prizes by spending over 100 yuan at participating merchants [2]

1月29日,"为中国经济点赞——企业家之夜"在北京举行，针对预制菜的行业发展与企业布局，全聚德集 团总经理周延龙接受第一财经记者采时表示，全聚德堂食服务中基本不使用预制菜品，同时表示应科学 看待预制菜产业发展，期待行业标准出台给出清晰界定，不应抵触预制菜发展。 ...

Core Viewpoint - The event "Praise for China's Economy - Entrepreneur Night" held on January 29 in Beijing highlighted the resilience and innovation of companies amidst market fluctuations in 2025 [1][4]. Group 1: Company Insights - The General Manager of Quanjude Group, Zhou Yanlong, emphasized the importance of adhering to correct business practices despite significant market volatility throughout 2025 [1][4]. - Quanjude Group has focused on integrating cultural commerce, tourism, and exhibitions while continuously launching new scenes and dishes as part of their strategy [1][4]. - The company has acknowledged past experiences, recognizing both successful choices and less suitable directions taken over the last five years, reinforcing their commitment to "guarding innovation" in 2025 [1][4]. Group 2: Market Dynamics - The reshaping of the consumer market has created numerous opportunities for businesses, as highlighted by Zhou Yanlong [1][4]. - Companies are facing pressure from two main sources: the external environment and internal challenges, which they must navigate to maintain momentum [1][4]. - Even in favorable market conditions, it is crucial for companies to sustain pressure as it drives motivation and innovation, which is seen as a key reason for future progress [1][4].

Group 1 - The hotel and catering sector increased by 0.96% compared to the previous trading day, with Quan Jud leading the gains [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] - Key stocks in the hotel and catering sector showed varied performance, with Quan Jud closing at 12.28, up 3.37%, and ST Yunwang closing at 2.11, down 2.31% [1] Group 2 - The net inflow of main funds in the hotel and catering sector was 17.95 million yuan, while retail investors saw a net outflow of 17.99 million yuan [1] - Major stocks like Jin Jiang Hotel and Huatian Hotel experienced significant net inflows from main funds, with Jin Jiang Hotel seeing 14.91 million yuan [2] - ST Yunwang had the highest net outflow from main funds at 9.84 million yuan, indicating a negative sentiment towards this stock [2]

中证报中证网讯(记者杨梓岩)1月28日，全聚德（002186）正式启动股东回馈活动。这是全聚德为建立 长效多样的股东回报机制、增强与投资者互动沟通而推出的重要举措，也是向长期支持公司的广大股东 表达感谢与回馈的一次暖心行动。 公司表示，希望通过股东回馈活动，让股东亲身体验公司旗下餐饮与食品产品和服务，在共享企业经营 成果的同时，进一步增强对公司发展的认同感和参与感。 根据公告，本次股东回馈活动时间为北京时间2026年1月28日零时至2026年2月3日23:59:59。在此期间 未进行申领的，视为自动放弃参与本次活动的权利。参与本次活动的股东范围为：2026年1月26日15:00 收市时，在中国证券登记结算有限责任公司深圳分公司登记在册的公司全体股东。 活动期间，符合条件的股东可登陆回馈活动专享页面，查看活动商品，并按照页面指引，通过身份证领 取权益卡(五折券)。每位股东仅可领取一张，如使用权益卡下单的订单申请退款成功，权益卡将自动退 回原账号。 据悉，本次股东回馈活动，全聚德为股东精心准备了20余种专享产品，涵盖2026款全聚德.德团圆臻品 家宴礼盒、聚美味臻品家宴礼盒、全家福臻品家宴礼盒、2026款金汤花胶 ...

Market Overview - The hotel and catering sector experienced a decline of 0.64% on January 28, with *ST Yunwang leading the drop [1] - The Shanghai Composite Index closed at 4151.24, up 0.27%, while the Shenzhen Component Index closed at 14342.9, up 0.09% [1] Stock Performance - Key stocks in the hotel and catering sector showed mixed performance, with Junxi Hotel rising by 0.86% to 30.53, while *ST Yunwang fell by 4.42% to 2.16 [1] - The trading volume and turnover for major stocks included: - Junxi Hotel: 47,000 shares, 1.44 billion CNY - Xian Catering: 122,400 shares, 113 million CNY - Jinjiang Hotel: 58,600 shares, 156 million CNY - *ST Yunwang: 256,800 shares, 56.12 million CNY [1] Capital Flow - The hotel and catering sector saw a net outflow of 32.18 million CNY from institutional investors and 33.67 million CNY from retail investors, while retail investors had a net inflow of 65.85 million CNY [1] - Detailed capital flow for selected stocks included: - Jinjiang Hotel: Net inflow of 1.04 million CNY from institutions, but a net outflow of 1.36 million CNY from retail investors [2] - *ST Yunwang: Net outflow of 10.47 million CNY from institutions, with a net inflow of 4.75 million CNY from retail investors [2]

Group 1 - The core initiative of the company is the launch of a shareholder reward program aimed at establishing a long-term and diverse shareholder return mechanism, enhancing interaction and communication with investors, and expressing gratitude to long-term supporters [1] - The shareholder reward activity is scheduled from January 28, 2026, to February 3, 2026, with eligible shareholders required to be registered with the China Securities Depository and Clearing Corporation Limited by January 26, 2026 [1] - Shareholders can participate by scanning a QR code to access a dedicated page for the reward program, where they can view products and claim a discount card, with each shareholder limited to one card [1] Group 2 - The company has prepared over 20 exclusive products for shareholders, including various gift boxes and food items, showcasing a rich product structure that caters to diverse consumer scenarios [3] - The company encourages eligible shareholders to complete registration and claim their rewards promptly, emphasizing the opportunity to experience the brand's craftsmanship and innovative spirit during the Spring Festival [3]

Group 1 - The core point of the announcement is that the company is establishing a long-term and diverse shareholder return mechanism to enhance shareholder understanding of its "food productization" strategy and to allow shareholders to experience its products and services [1] - The company will hold a shareholder reward event where eligible shareholders can receive a rights card (50% discount coupon) to purchase self-operated products on a dedicated page during the event [1] - The event will take place from January 28, 2026, at 00:00 to February 3, 2026, at 23:59:59, and is open to all shareholders registered with the China Securities Depository and Clearing Corporation Limited Shenzhen Branch as of January 26, 2026, at 15:00 [1]