Core Insights - The company reported a revenue of approximately 1.314 billion yuan for the first three quarters of 2025, representing a year-on-year decrease of 12.97% [1] - The net profit attributable to the parent company was a loss of approximately 49.2447 million yuan, indicating an expanded loss compared to previous periods [1] Financial Performance - Revenue for the first three quarters: 1.314 billion yuan, down 12.97% year-on-year [1] - Net profit (loss) for the period: approximately -49.2447 million yuan, with losses widening [1]

Financial Performance - The company's operating revenue for the third quarter was ¥409,003,903.58, a decrease of 12.74% year-on-year[3]. - The net profit attributable to shareholders was -¥43,477,556.87, representing a decline of 172.79% compared to the same period last year[3]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥52,598,929.33, down 295.82% year-on-year[3]. - The basic earnings per share were -¥0.0532, a decrease of 180.00% year-on-year[3]. - Operating profit for the current period was -¥42,028,704.75, compared to -¥14,088,292.60 in the previous period, indicating a worsening performance[17]. - Net profit for the current period was -¥53,037,190.36, a significant decline from -¥13,005,064.08 in the previous period[18]. - The total comprehensive income for the current period was -¥53,492,447.60, compared to -¥13,355,727.09 in the previous period[18]. - Basic and diluted earnings per share were both -¥0.0596, worsening from -¥0.0175 and -¥0.0169 respectively in the previous period[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥4,636,651,177.06, an increase of 1.13% from the end of the previous year[4]. - The equity attributable to shareholders decreased by 5.29% to ¥885,043,710.68 compared to the end of the previous year[4]. - The total current assets decreased from CNY 1,926,628,733.72 to CNY 1,835,681,787.12, a decline of approximately 4.8%[13]. - Cash and cash equivalents dropped significantly from CNY 421,244,664.61 to CNY 229,060,390.06, representing a decrease of about 45.8%[13]. - Accounts receivable decreased from CNY 484,664,219.22 to CNY 405,102,992.11, a reduction of approximately 16.4%[13]. - Total liabilities increased from CNY 3,535,054,457.65 to CNY 3,636,886,926.31, an increase of about 2.9%[15]. - Long-term borrowings increased from CNY 898,134,912.50 to CNY 953,847,032.50, an increase of about 6.2%[15]. - The equity attributable to shareholders decreased from CNY 934,520,860.62 to CNY 885,043,710.68, a decline of approximately 5.3%[15]. - Inventory increased from CNY 303,056,290.46 to CNY 314,884,454.99, an increase of about 3.0%[13]. - The total non-current assets increased from CNY 2,658,013,705.88 to CNY 2,800,969,389.94, reflecting a growth of about 5.4%[14]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥26,230,097.11, a decrease of 121.85% year-on-year[7]. - Cash flow from operating activities showed a net outflow of -¥26,230,097.11, contrasting with a net inflow of ¥120,024,401.18 in the previous period[19]. - Cash flow from investing activities resulted in a net outflow of -¥149,951,842.01, compared to -¥136,847,705.72 in the previous period[20]. - Cash flow from financing activities generated a net inflow of ¥41,855,267.59, improving from a net outflow of -¥6,183,573.84 in the previous period[21]. - The cash and cash equivalents at the end of the period stood at ¥136,693,159.31, down from ¥197,285,314.66 at the end of the previous period[21]. Government Subsidies - The company received government subsidies amounting to ¥12,834,536.63 during the reporting period, contributing positively to non-recurring gains[5]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 64,519[9].

Core Viewpoint - The company, Huangshi Group, announced on October 24 that its RCS-related business is currently in the design phase [1] Summary by Categories Company Information - Huangshi Group (002329) is in the process of designing its RCS-related business [1]

Core Insights - The beverage and dairy sector experienced a slight increase of 0.15% on October 22, with Yangyuan Beverage leading the gains [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Yangyuan Beverage (603156) closed at 31.15, up 4.92% with a trading volume of 265,400 shares [1] - Zhuangyuan Pasture (002910) closed at 10.75, up 2.38% with a trading volume of 226,800 shares [1] - Huangshi Group (002329) closed at 3.69, up 1.37% with a trading volume of 174,000 shares [1] - Sanyuan Foods (600429) closed at 4.88, up 1.04% with a trading volume of 91,900 shares [1] - Bright Dairy (600597) closed at 8.61, up 0.94% with a trading volume of 98,600 shares [1] - Other notable stocks include Xiangpiaopiao (603711) and Tianrun Dairy (600419), which saw minor increases [1] Capital Flow - The beverage and dairy sector saw a net outflow of 174 million yuan from institutional investors, while retail investors contributed a net inflow of 218 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Yangyuan Beverage had a net inflow of 4.55 million yuan from institutional investors but saw a net outflow of 12.96 million yuan from retail investors [3] - Sanyuan Foods experienced a net inflow of 3.76 million yuan from institutional investors, while retail investors contributed a net inflow of 2.49 million yuan [3] - New Dairy (002946) faced a net outflow of 1.85 million yuan from institutional investors but had a net inflow of 6.03 million yuan from retail investors [3]

Market Overview - The beverage and dairy sector experienced a slight decline of 0.05% on October 20, with New Dairy leading the drop [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Stock Performance - Notable gainers in the beverage and dairy sector included: - Yangyuan Beverage: closed at 29.69, up 3.38% with a trading volume of 177,200 shares and a turnover of 524 million yuan [1] - Western Pastoral: closed at 11.23, up 2.93% with a trading volume of 67,600 shares and a turnover of 75.06 million yuan [1] - Other gainers included Caobo Daobu, Huanlejia, and Qishi Dairy, all showing positive performance [1] - Conversely, New Dairy saw a significant decline of 4.36%, closing at 17.10 with a trading volume of 73,000 shares and a turnover of 126 million yuan [2] Capital Flow - The beverage and dairy sector saw a net inflow of 151 million yuan from institutional investors, while retail investors experienced a net outflow of 66.42 million yuan [2] - Major stocks with significant capital flow included: - Yili Group: net inflow of 65.81 million yuan from institutional investors, but a net outflow of 51.30 million yuan from retail investors [3] - Dongpeng Beverage: net inflow of 56.42 million yuan from institutional investors, with retail investors also showing a net outflow [3] - Yangyuan Beverage and other stocks also reflected similar trends in capital flow [3]

Group 1 - The seventh board meeting of Huangshi Group was held on October 17, 2025, via remote voting, with all nine directors present [2][4] - The meeting approved the proposal to supplement the Strategic and Development Committee by electing employee director Teng Cuijin as a member, effective immediately [3][10] - Teng Cuijin resigned from her position as a non-independent director and member of the Strategic and Development Committee due to work adjustments, but will continue as Vice President [8][9] Group 2 - Teng Cuijin's resignation will not affect the minimum number of board members required by law, ensuring the board's operational integrity [8] - The election of Teng Cuijin as an employee director was conducted through a democratic process at the employee representative assembly on October 17, 2025 [9] - The board now includes a total of employee directors and senior management that does not exceed half of the total board members [9]

证券代码：002329 证券简称：皇氏集团 公告编号：2025–065 皇氏集团股份有限公司 关于非独立董事辞职暨选举职工董事、 补选董事会战略与发展委员会委员的公告 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、非独立董事辞职情况 皇氏集团股份有限公司（以下简称"公司"）于近日收到公司董事、副总裁 滕翠金女士提交的书面辞职报告。因工作调整，滕翠金女士申请辞去公司第七届 董事会非独立董事、战略与发展委员会委员职务，上述两项职务原定任期为 2025 年 2 月 24 日至 2028 年 2 月 23 日，滕翠金女士辞去前述职务后仍在公司担任副 总裁职务。根据《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、规范性文件及《公司章程》的规定，滕翠金女士 请辞事项不会导致公司董事会成员低于法定最低人数，不会影响公司董事会日常 经营和相关业务的管理运作。滕翠金女士的辞职申请自公司收到通知之日起生效。 截至本公告披露日，滕翠金女士持有公司股票 600,000 股，不存在应当履行 而未履行的承诺事项，并将继续遵守《上市公司董事和 ...

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 皇氏集团股份有限公司（以下简称"公司"）第七届董事会第八次会议于 2025 年 10 月 17 日以通讯表决方式召开。本次会议的通知及会议材料已于 2025 年 10 月 16 日以书面及微信等方式送达全体董事。本次会议为紧急会议，召集 人已在会议上做出相关说明。会议应出席董事 9 人，实际出席董事 9 人。会议 由董事长黄嘉棣先生主持，公司其他高级管理人员列席了会议。会议符合《中 华人民共和国公司法》等有关法律、行政法规、部门规章、规范性文件及《公 司章程》的规定。 二、董事会会议审议情况 会议审议并以记名投票的方式表决通过了《关于补选第七届董事会战略与 发展委员会委员的议案》，同意补选职工董事滕翠金女士为公司第七届董事会 战略与发展委员会委员，任期自本次董事会审议通过之日起至第七届董事会任 期届满之日止。 证券代码：002329 证券简称：皇氏集团 公告编号：2025–066 皇氏集团股份有限公司 第七届董事会第八次会议决议公告 三、备查文件 经与会董事签字并加盖董事会印章的董事会决议 ...

Meeting Overview - The third extraordinary general meeting of shareholders for the company was held on October 16, 2025, from 14:30 to 15:30 [3] - The meeting was conducted both in-person and via online voting [4] - A total of 312 shareholders participated, representing 224,409,187 shares, which is 26.9592% of the total voting shares [4] Voting Participation - Among the participants, 2 shareholders attended in person, representing 220,094,708 shares (26.4409% of total voting shares) [4] - 310 shareholders voted online, representing 4,314,479 shares (0.5183% of total voting shares) [4] - Small shareholders accounted for 311 participants, representing 4,419,479 shares (0.5309% of total voting shares) [5] Resolutions Passed - The meeting adopted resolutions through a combination of in-person and online voting [7] - Special voting matters required more than two-thirds approval from the attending shareholders [8] - The meeting's procedures and resolutions were confirmed to comply with relevant laws and regulations [8]

北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R.China 电话/Tel.: 010-50867666 传真/Fax: 010-56916450 网址/Website: www.kangdalawyers.com 北京 西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 康达股会字【2025】第 0435 号 致：皇氏集团股份有限公司 根据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司股东 会规则》（以下简称"《规则》"）、《皇氏集团股份有限公司章程》（以下简称"《公 司章程》"）及皇氏集团股份有限公司（以下简称"公司"）与北京市康达律师事务 所（以下简称"本所"）签订的《法律顾问协议》，本所律师受聘出席公司2025年第 三次临时股东大会（以下简称"本次会议"），并出具本法律意见书。 为出具本法 ...