证券代码：002186 证券简称：全聚德 公告编号：2025-27 中国全聚德（集团）股份有限公司 董事会第十届二次会议决议公告 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 中国全聚德（集团）股份有限公司（以下简称"公司"）董事会第十届二次 会议通知于 2025 年 8 月 12 日以书面形式或电子邮件形式通知全体董事，会议于 2025 年 8 月 22 日下午 2:30 以现场结合视频方式召开。会议应到董事 8 人，实 到董事 8 人，刘斌董事通过视频参会，公司高级管理人员列席了会议。本次会议 的召开符合有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定。 本次董事会由吴金梅董事长主持，经各位董事审议并投票表决，形成如下决 议。 二、董事会会议审议情况 1.审议通过《关于公司 2025 年半年度报告及摘要的议案》。 表决结果：8 票赞成，0 票反对，0 票弃权。 《中国全聚德（集团）股份有限公司 2025 年半年度报告摘要》（2025-28） 刊登于 2025 年 8 月 26 日《中国证券报》、《证券时报》、《证券日报 ...

全聚德(002186.SZ)公告称，上半年实现营业收入6.3亿元，同比下降8.34%；净利润1238.29万元，同比 下降57.79%。公司未派发现金红利，不送红股，不以公积金转增股本。 ...

中国全聚德(集团)股份有限公司 2025 年半年度报告全文 中国全聚德(集团)股份有限公司 2025 年半年度报告 【2025 年 8 月】 1 中国全聚德(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 公司董事会及董事、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。 公司负责人吴金梅、主管会计工作负责人石磊及会计机构负责人(会计主 管人员)李晨旭声明：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。 公司在本报告第三节"管理层讨论与分析"中"十一、公司面临的风险和 应对措施"部分，详细描述了公司经营中可能存在的风险及应对措施，敬请 投资者关注相关内容。 本报告中涉及的未来发展计划等前瞻性陈述属于计划性事项，该计划不构 成公司对投资者的实质承诺，投资者及相关人士均应当对此保持足够的风险 认识，并且应当理解计划、预测与承诺之间的差异，敬请投资者注意投资风 险。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 | 第一节 | 重要提示、目录和释义 2 ...

Market Performance - The hotel and catering sector increased by 2.29% on August 25, with Quan Jud leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Individual Stock Performance - Quan Jud (002186) closed at 13.74, up 10.01% with a trading volume of 345,100 shares and a transaction value of 452 million [1] - Shou Lv Hotel (600258) closed at 15.14, up 3.20% with a trading volume of 346,700 shares and a transaction value of 517 million [1] - Xi'an Catering (000721) closed at 10.44, up 2.65% with a trading volume of 936,300 shares and a transaction value of 26.68 million [1] - Junting Hotel (301073) closed at 25.33, up 2.63% with a trading volume of 141,500 shares and a transaction value of 356 million [1] - Tongqing Lou (605108) closed at 20.86, up 1.81% with a trading volume of 66,300 shares and a transaction value of 137 million [1] - Jin Jiang Hotel (600754) closed at 23.61, up 0.85% with a trading volume of 156,300 shares and a transaction value of 367 million [1] - Jinling Hotel (601007) closed at 7.96, up 0.76% with a trading volume of 195,700 shares and a transaction value of 155 million [1] - Huatian Hotel (000428) closed at 3.71, up 0.54% with a trading volume of 480,900 shares and a transaction value of 179 million [1] - ST Yunwang (002306) closed at 1.93, unchanged with a trading volume of 256,300 shares and a transaction value of 49.29 million [1] Capital Flow - The hotel and catering sector saw a net inflow of 122 million from main funds, while retail investors experienced a net outflow of 1.04 billion [1] - The main funds' net inflow for Quan Jud was 78.36 million, accounting for 17.34% of its trading volume [2] - Shou Lv Hotel had a main fund net inflow of 36.59 million, representing 7.08% of its trading volume [2] - Junting Hotel recorded a main fund net inflow of 12.87 million, accounting for 3.62% of its trading volume [2] - Jin Jiang Hotel had a main fund net inflow of 304.15 thousand, representing 0.83% of its trading volume [2] - Tongqing Lou saw a main fund net inflow of 228.29 thousand, accounting for 1.66% of its trading volume [2]

Group 1 - The core viewpoint of the article highlights the significant decline in Quanjude's financial performance, with net profit dropping to between 11 million and 14 million yuan, a year-on-year decrease of 52% to 62% [1] - Quanjude, once a bustling establishment, now relies on selling pre-packaged food, duck snacks, and flavored liquor to sustain itself, leading to the closure of several unprofitable stores [2][4] - The restaurant's revenue is still heavily dependent on its main dining business, which accounts for 77% of total revenue, but it struggles to attract returning customers [5] Group 2 - Quanjude has made efforts to adapt to market changes, including launching a "Mengbao Duck" IP, engaging in live-stream sales, and collaborating with Dongfang Zhenxuan to sell sliced roast duck [6][8] - Despite these initiatives, the company's financial report reveals a gross margin of only 15.97% and a revenue of 332 million yuan, which represents a year-on-year decline of 7% [8] - The challenges faced by Quanjude reflect a broader issue for time-honored brands, which struggle to appeal to younger consumers who prefer modern dining experiences over traditional offerings [10][11] Group 3 - The competitive landscape in the restaurant industry has intensified, with brands like Haidilao and Xibei offering more flexible experiences, better value, and innovative marketing strategies [10] - Quanjude's dilemma lies in balancing its historical legacy with the need for modernization, as it risks losing younger customers if it does not adapt [10][13] - The future of Quanjude may depend on its ability to innovate while maintaining its core offerings, as merely relying on nostalgia is insufficient for long-term success [11][13]

Group 1 - The core viewpoint of the news is that the stock performance of Quanjude has shown fluctuations, with a recent decline in share price and mixed capital flow indicators [1][2] - As of August 22, Quanjude's stock price was reported at 12.04 yuan per share, with a market capitalization of 3.695 billion yuan [1] - Year-to-date, Quanjude's stock has increased by 3.79%, with a 5-day increase of 5.89%, a 20-day increase of 8.37%, and a 60-day increase of 14.56% [1] Group 2 - As of March 31, the number of shareholders for Quanjude was 32,200, a decrease of 7.02% from the previous period [2] - The average number of circulating shares per shareholder increased by 7.55% to 9,518 shares [2] - For the first quarter of 2025, Quanjude reported an operating income of 332 million yuan, a year-on-year decrease of 7.26%, and a net profit attributable to the parent company of 42.14 million yuan [2]

Market Overview - On August 21, the hotel and catering sector rose by 0.07% compared to the previous trading day, with Huazhong Hotel leading the gains [1] - The Shanghai Composite Index closed at 3771.1, up 0.13%, while the Shenzhen Component Index closed at 11919.76, down 0.06% [1] Individual Stock Performance - Huazhong Hotel (code: 000428) closed at 3.61, up 1.40% with a trading volume of 387,800 shares and a transaction value of 139 million [1] - Junting Hotel (code: 301073) closed at 24.68, up 1.36% with a trading volume of 142,900 shares and a transaction value of 352 million [1] - Jinjiang Hotel (code: 600754) closed at 23.39, up 1.34% with a trading volume of 184,000 shares and a transaction value of 428 million [1] - Other notable performances include Jining Hotel (code: 601007) with a slight increase of 0.13% and Xian Catering (code: 000721) down by 0.20% [1] Capital Flow Analysis - The hotel and catering sector experienced a net outflow of 91.614 million from institutional investors and 59.3465 million from speculative funds, while retail investors saw a net inflow of 151 million [1] - Jinjiang Hotel had a net inflow of 36.1067 million from institutional investors, while it faced a net outflow of 13.1479 million from speculative funds [2] - Xian Catering saw a net outflow of 10.3595 million from institutional investors but a net inflow of 72.7358 million from retail investors [2]

Market Overview - The hotel and catering sector increased by 3.16% on August 20, with Xi'an Catering leading the gains [1] - The Shanghai Composite Index closed at 3766.21, up 1.04%, while the Shenzhen Component Index closed at 11926.74, up 0.89% [1] Stock Performance - Key stocks in the hotel and catering sector showed significant gains, with Xi'an Catering closing at 9.85, up 10.06%, and Quanjude at 12.82, up 8.00% [1] - Other notable performers included ST Yunwang, Tongqinglou, and Huatian Hotel, with respective increases of 4.79%, 3.19%, and 2.89% [1] Capital Flow - The hotel and catering sector saw a net inflow of 310 million yuan from institutional investors, while retail investors experienced a net outflow of 227 million yuan [1] - Specific stock capital flows indicated that Xi'an Catering had a net inflow of 229 million yuan from institutional investors, despite a net outflow of 104 million yuan from retail investors [2]

Group 1 - The Ministry of Finance, the central bank, and the financial regulatory authority have jointly issued a policy to support personal consumption loans with fiscal subsidies, covering key consumption areas such as home automobiles, elderly care, education, cultural tourism, home decoration, electronic products, and healthcare [1] - Data from the Ministry of Culture and Tourism indicates that by the first half of 2025, domestic tourist trips are expected to reach 3.285 billion, a year-on-year increase of 20.6%, with tourism spending projected at 3.15 trillion yuan, up 15.2% [1] - The railway summer transportation has sent 616 million passengers, reflecting a 4% year-on-year growth, with capacity expansion providing solid support for peak season [1] Group 2 - Zhonghang Securities believes that financial support will resonate with the quality transformation of demand structure, driving short-term tourism consumption and providing dual guarantees of funding and demand for the long-term stability and expansion of the cultural tourism industry [2] - The fiscal subsidy policy significantly reduces the financial cost of large travel and related consumption for residents, and combined with the summer peak season demand release and diverse business innovations, the industry's prosperity is expected to continue to rise [2] - Short-term scenarios such as summer vacations, family trips, and red-themed educational tours are likely to drive unexpected increases in visitor flow and revenue for scenic spots and hotels [2]

Market Performance - The three major A-share indices collectively declined on the 20th, with the Shanghai Composite Index down 0.05%, the Shenzhen Component Index down 0.66%, and the ChiNext Index down 1.71% [2] - The North Stock 50 Index fell by 0.39%, and the total trading volume in the Shanghai and Shenzhen markets reached 15,350 billion yuan, a decrease of 1,430 billion yuan compared to the previous day [2] - Over 3,400 stocks in the market experienced declines [2] Sector Performance - The liquor, small metals, and tourism and hotel sectors showed strength, while the Huawei Pangu and film and television sectors underwent adjustments [2] - The liquor sector continued to perform strongly, with stocks like Jiu Gui Jiu hitting the daily limit and She De Jiu Ye rising over 7% [2] - The small metals sector also saw gains, with Dongfang Zirconium and Yunnan Germanium both hitting the daily limit [2] - The tourism and hotel sector rose, with Quan Ju De reaching the daily limit [2] - Conversely, the Huawei Pangu sector adjusted, with stocks like Beixin Source and Yangguang Nuohe dropping over 5% [2] - The film and television sector faced corrections, with Ciwen Media nearing the daily limit down and Huace Film and Television falling over 7% [2]