烟台双塔食品股份有限公司 证券代码：002481 证券简称：双塔食品 烟台双塔食品股份有限公司投资者关系活动记录表 编号：2020-010 | --- | --- | --- | |-------------------|-----------------------------------|------------------------------------------------------------| | | | | | 投 资 者 关 系 活 | £ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | R 其他 （投资者电话会议） | | | 参 与 单 位 名 称 | 信安环球投资（香港）， | Principal Global Investors (Hong | | 及人员姓名 | Kong) Limited 麦格理证券 于雪雯 | 叶俊睿 | | 时间 | 2020 年 6 月 29 日 | | | 地点 | 公司会议室 | | | 上 市 公 司 参 与 | 董事长 ...

烟台双塔食品股份有限公司 证券代码：002481 证券简称：双塔食品 烟台双塔食品股份有限公司投资者关系活动记录表 编号：2020-015 | --- | --- | --- | |-------------------------|--------------------------------|--------------------------------------------------------------| | | | | | 投资者关系活动类别 | £ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | R 其他 （投资者电话会议） | | | 参与单位名称及人员姓 名 | SHK Fund Management | ， Tony Liu | | 时间 | 2020 年 8 月 27 日 | | | 地点 | 电话会议 | | | 上市公司接待人员姓名 | 董事长杨君敏、董事会秘书师恩战 | | | 投资者关系活动主要内 | 1 | 、公司豌豆蛋白技术与行业内其他企业相比有什么 ...

烟台双塔食品股份有限公司 证券代码：002481 证券简称：双塔食品 烟台双塔食品股份有限公司投资者关系活动记录表 编号：2020-001 | --- | --- | --- | |--------------|----------------------------------|-----------------------------------------------------| | | | | | 投资者关系活 | □ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | R 其他 （投资者电话会议） | | | 参与单位名称 | | 通过天风证券组织的电话会议系统参加会议的投资者 | | 及人员姓名 | | | | 时间 | 2020 年 2 月 11 日 | | | 地点 | 电话会议 | | | 上市公司接待 | 董事长杨君敏、董事会秘书师恩战。 | | | 人员姓名 | | | | 投资者关系活 | 1 | 、这次疫情对公司的生产有没有大的影响？ | | 动主要内容介 | ...

烟台双塔食品股份有限公司 证券代码：002481 证券简称：双塔食品 烟台双塔食品股份有限公司投资者关系活动记录表 编号：2020-018 | --- | --- | --- | |----------------------|--------------------------------|-----------------------------------------------------------------| | | | | | 投资者关系活动类别 | £ 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | R 其他 （投资者电话会议） | | | 参与单位名称及人员姓 | 参会名单详见附件。 | 通过电话会议系统参加富瑞金融集团组织的交流会 | | 名 | | | | 时间 | 2020 年 9 月 3 日 | | | 地点 | 电话会议 | | | 上市公司接待人员姓名 | 董事长杨君敏、董事会秘书师恩战 | | | 投资者关系活动主要内 | 1 | 、从营业收入和利润来看，传 ...

烟台双塔食品股份有限公司 编号：2020-006 证券代码：002481 证券简称：双塔食品 烟台双塔食品股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|------------------------------------|--------------| | | | | | 投资者关系活动类别 | R 特定对象调研 | □ 分析师会议 | | | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | £ 其他 （投资者电话会议） | | | 参与单位名称及人员姓 名 | 永丰金证券（台湾）：孙维维、张巧莹 | | | 时间 | 2020 年 5 月 8 日 | | | 地点 | 电话会议 | | | 上市公司接待人员姓名 | 董事长杨君敏、董事会秘书师恩战 | | 烟台双塔食品股份有限公司 | --- | --- | |----------------------|------------------------------------------------ ...

烟台双塔食品股份有限公司 证券代码：002481 证券简称：双塔食品 烟台双塔食品股份有限公司投资者关系活动记录表 编号：2020-002 | --- | --- | --- | |--------------|----------------------------------|--------------------------------------------------------------| | | | | | 投资者关系活 | □ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | R 其他 （投资者电话会议） | | | 参与单位名称 | | 通过天风证券组织的电话会议系统参加会议的投资者（名单 | | 及人员姓名 | 详见附件） | | | 时间 | 2020 年 2 月 19 日 | | | 地点 | 电话会议 | | | 上市公司接待 | 董事长杨君敏 | | | 人员姓名 | | | | 投资者关系活 | 1 | 、这次疫情对公司一季度的生产经营有没有影响？ | ...

烟台双塔食品股份有限公司 证券代码：002481 证券简称：双塔食品 烟台双塔食品股份有限公司投资者关系活动记录表 编号：2020-009 | --- | --- | --- | |--------------|------------------------------|------------------------------------------------------| | | | | | 投资者关系活 | £ 特定对象调研 | □ 分析师会议 | | 动类别 | □ 媒体采访 | □ 业绩说明会 | | | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | R 其他 （投资者电话会议） | | | 参与单位名称 | 投资者名单详见附件 | | | 及人员姓名 | | | | 时间 | 2020 年 6 月 24 日 | | | 地点 | 公司会议室 | | | 上市公司参与 | 董事会秘书师恩战 | | | 人员姓名 | | | | 投资者关系活 | 1、公司目前的基本业务情况 | | | 动主要内容介 | | 公司从一家传统的龙口粉丝食品加工企业，正朝着生物科技 | ...

Revenue and Profitability - Revenue for Q3 2022 reached ¥658,685,600.99, an increase of 39.50% compared to the same period last year[3] - Net profit attributable to shareholders was -¥185,278,498.96, a decrease of 1,951.03% year-on-year[3] - Basic earnings per share for Q3 2022 was -¥0.1548, down 1,987.80% from the previous year[3] - Total operating revenue for Q3 2022 reached ¥1,849,055,816.47, an increase of 24.7% compared to ¥1,483,712,648.76 in the same period last year[19] - The net profit for Q3 2022 was a loss of ¥196,009,089.07, compared to a profit of ¥229,581,218.72 in Q3 2021, indicating a significant decline[20] - The operating profit for Q3 2022 was a loss of ¥213,215,254.15, down from a profit of ¥262,471,721.89 in the previous year[19] - Basic and diluted earnings per share for Q3 2022 were both -¥0.1637, compared to ¥0.1877 in Q3 2021[20] Assets and Liabilities - Total assets at the end of Q3 2022 amounted to ¥4,128,071,358.04, reflecting a growth of 10.92% from the end of the previous year[3] - Total liabilities as of Q3 2022 amounted to ¥1,642,403,401.31, an increase from ¥979,229,984.10 in the same period last year[19] - Total equity attributable to shareholders of the parent company was ¥2,468,836,885.51, down from ¥2,725,940,153.32 in Q3 2021[19] - The company’s total current assets amounted to CNY 1,915,530,448.96, an increase from CNY 1,583,965,090.52, reflecting a growth of approximately 21%[16] - Non-current assets totaled CNY 2,212,540,909.08, up from CNY 2,137,760,462.91, marking an increase of about 3.5%[16] Cash Flow - Cash flow from operating activities showed a net outflow of -¥283,157,742.82, a decrease of 375.01% compared to the same period last year[3] - The cash inflow from operating activities for the period was CNY 1,818,155,188.27, compared to CNY 1,745,824,975.31 in the previous period, showing an increase of approximately 4.15%[21] - The net cash flow from operating activities was negative at CNY -283,157,742.82, a significant decline from CNY 102,964,072.13 in the same period last year[21] - Cash inflow from investment activities totaled CNY 167,539,826.29, a substantial increase from CNY 581,788.00 in the previous period[21] - The net cash flow from investment activities was CNY 30,792,189.67, recovering from a negative CNY -333,766,043.91 in the previous year[21] - Cash inflow from financing activities was CNY 1,773,234,494.12, up from CNY 1,003,932,344.80 in the previous period, indicating a growth of approximately 76.5%[22] - The net cash flow from financing activities increased to CNY 296,544,529.13, compared to CNY 80,093,197.54 in the same period last year[22] Costs and Expenses - The company reported a significant increase in costs, with a 59.64% rise attributed to the sharp increase in raw material prices[7] - Total operating costs for Q3 2022 were ¥1,943,750,509.68, up 52.3% from ¥1,275,035,853.07 in Q3 2021[19] - Financial expenses for Q3 2022 were ¥47,721,278.74, significantly higher than ¥11,138,191.96 in Q3 2021[19] - The company experienced a 328.45% increase in financial expenses, mainly due to exchange losses and increased borrowing costs[8] - Research and development expenses for Q3 2022 were ¥52,725,019.98, compared to ¥49,090,031.13 in the same period last year, reflecting a 5.3% increase[19] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 65,613[9] - The company plans to terminate the 2021 restricted stock incentive plan and repurchase 4,656,250 shares that have not been released from restrictions[14] - The registered capital was adjusted to CNY 1,238,352,750 as of August 1, 2022, following the completion of the stock repurchase[13] - The company held a total of 41,626,408 shares in its repurchase account, which is not listed among the top ten shareholders[14] Inventory and Receivables - Accounts receivable decreased to CNY 212,482,949.48 from CNY 261,911,476.46, indicating a decline of approximately 18.9%[16] - Inventory rose to CNY 840,374,584.38 from CNY 741,134,846.11, showing an increase of around 13.3%[16] - The company’s fixed assets decreased slightly to CNY 1,647,913,586.16 from CNY 1,681,799,534.87, indicating a decline of about 2%[16] - Cash and cash equivalents increased to CNY 366,095,151.38 from CNY 230,673,189.05, representing a growth of about 58.5%[16]

Financial Performance - The company's revenue for the first half of 2022 was approximately ¥1.19 billion, representing a 17.68% increase compared to ¥1.01 billion in the same period last year[19]. - The net loss attributable to shareholders was approximately ¥11 million, a decrease of 105.01% from a profit of ¥219 million in the previous year[19]. - The net cash flow from operating activities was negative at approximately ¥267 million, a decline of 316.22% compared to a positive cash flow of ¥123 million in the same period last year[19]. - The company's basic earnings per share were -¥0.0092, down 105.12% from ¥0.1797 in the same period last year[19]. - The weighted average return on net assets was -0.41%, a decrease of 8.41% from 8.00% in the previous year[19]. - The company's operating revenue for the reporting period reached ¥1,190,370,215.48, representing a year-on-year increase of 17.68% compared to ¥1,011,527,109.43 in the same period last year[48]. - The cost of goods sold increased by 49.68% to ¥1,016,417,508.87, primarily due to a significant rise in raw material prices[48]. - The net profit for the first half of 2022 was CNY -11,275,356.73, a significant decline from CNY 219,685,719.10 in the previous year[134]. - The total operating revenue for the first half of 2022 reached CNY 1,190,370,215.48, an increase of 17.7% compared to CNY 1,011,527,109.43 in the same period of 2021[132]. Assets and Liabilities - The total assets at the end of the reporting period were approximately ¥4.31 billion, reflecting a 15.75% increase from ¥3.72 billion at the end of the previous year[19]. - Total current assets increased to CNY 2,112,004,465.66 as of June 30, 2022, up from CNY 1,583,965,090.52 on January 1, 2022, representing a growth of approximately 33.3%[124]. - Total liabilities rose to CNY 1,588,754,734.82 as of June 30, 2022, compared to CNY 979,229,984.10 on January 1, 2022, an increase of approximately 62.2%[126]. - The company's equity attributable to shareholders decreased to CNY 2,702,835,812.17 from CNY 2,725,940,153.32, a decline of approximately 0.8%[126]. - The total assets of the company reached CNY 4,692,096,915.35, up from CNY 4,000,273,638.69, reflecting a growth of 17.3%[133]. Market and Product Development - The company's main businesses include pea protein, vermicelli, and dietary fiber, with a focus on optimizing product structure and enhancing product value[27]. - Pea protein has become the company's largest product, with a significant increase in high-end protein sales; the company has established partnerships with major firms like Beyond Meat and Nestle[30]. - The company holds approximately 20% market share in the vermicelli sector, with plans to increase production capacity to 100,000 tons over the next three years[31]. - The company has developed a comprehensive multi-channel marketing network, including traditional retail, e-commerce, and food service channels[28]. - The demand for plant-based meat in China is projected to increase by 200% over the next five years, with the market expected to reach $13 billion by 2023[30]. - The company plans to expand its market presence and invest in new product development to drive future growth[146]. Research and Development - The company collaborates with universities for research and development, maintaining an industry-leading position in pea protein extraction technology[29]. - The company has established an academic workstation and collaborates with renowned academicians in the field of pea protein research[29]. - The company aims to increase its R&D investment by 10% in the upcoming fiscal year to support innovation[149]. - The company has developed proprietary extraction technologies for pea protein, including a new dry extraction method tailored to customer needs, and holds multiple invention patents[45]. Operational Challenges - The company faces risks related to raw material price fluctuations, which could impact profitability due to unpredictable market conditions[4]. - The company is experiencing challenges in labor availability and rising labor costs due to rural labor migration to cities[5]. - The main components of operating costs include raw materials (72.94%), labor (3.65%), and manufacturing expenses (23.41%), totaling approximately 1.02 billion yuan[43]. Environmental and Social Responsibility - The company emphasizes the importance of food safety and has established a strict quality control system to ensure product safety[7]. - The company has established a closed-loop circular economy model, including processes such as wastewater treatment and biogas production, ensuring zero pollution and zero emissions during production[73]. - The company actively participates in local poverty alleviation and environmental improvement initiatives, aligning its growth with community development[76]. - The company has established a robust environmental protection management system, ensuring timely updates and upgrades to pollution control facilities[73]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares[8]. - The company has implemented a restricted stock incentive plan approved by the board, aimed at promoting sustainable development[69]. - The company has maintained a consistent approach to managing its share capital and incentivizing employees through stock options[107]. - The overall shareholder structure remains stable, with no significant changes in the proportion of shares held by major stakeholders[110]. Financial Management - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥375,185,005.41, compared to a decrease of ¥98,439,587.46 in the previous year, marking an increase of 481.13%[48]. - The company has increased its pea raw material reserves to mitigate the impact of rising prices, collaborating with global grain merchants to ensure supply stability[44]. - The company has successfully optimized its supply chain and distribution channels, enhancing cooperation with distributors and suppliers for mutual benefits[78].

Financial Performance - The company's operating revenue for 2021 was approximately ¥2.165 billion, representing a 7.22% increase compared to ¥2.020 billion in 2020[21] - The net profit attributable to shareholders decreased by 24.12% to approximately ¥267.55 million from ¥352.60 million in the previous year[21] - The net cash flow from operating activities fell by 53.31% to approximately ¥214.97 million, down from ¥460.40 million in 2020[21] - Basic earnings per share decreased by 21.43% to ¥0.22, compared to ¥0.28 in 2020[21] - Total assets at the end of 2021 were approximately ¥3.722 billion, a slight decrease of 0.75% from ¥3.750 billion at the end of 2020[22] - The company's net assets attributable to shareholders were approximately ¥2.726 billion, down 0.83% from ¥2.749 billion in 2020[22] - In Q4 2021, the company's operating revenue reached ¥681,667,168.20, marking a significant increase compared to Q1's ¥468,194,236.28[25] - The net profit attributable to shareholders for Q2 2021 was ¥120,052,350.24, while Q3 saw a sharp decline to ¥10,009,498.73, indicating volatility in profitability[25] - The company reported a net cash flow from operating activities of ¥111,546,413.01 in Q4 2021, recovering from a negative cash flow of -¥20,367,310.05 in Q3[25] Market Trends and Opportunities - The demand for plant-based meat in China is projected to increase by 200% over the next five years, with the market size expected to reach $13 billion by 2023[31] - The global market for plant-based meat could potentially reach $182 billion, based on a 13% market share of the total meat market[34] - The annual demand for plant protein globally is estimated to exceed 2.3 million tons, indicating a tight supply-demand balance in the market[34] - The dietary fiber industry in China is projected to grow from CNY 3.66 billion in 2018 to CNY 5.71 billion by 2025, highlighting significant market potential[58] Product Development and R&D - The company has invested in R&D to improve product value and optimize its product structure, particularly in the areas of dietary fiber and plant-based proteins[35] - The company is currently developing high-resistance pea resistant starch, which is expected to enhance the value of pea starch and expand its application in functional foods[74] - The company completed the development of a new plant-based protein product aimed at high-nutrition food markets, suitable for protein-deficient populations[75] - The company is developing low-fat, high-protein plant-based products to expand its offerings in the health food market[75] - The company has established a research institute in collaboration with China Agricultural University to focus on pea nutrition and health, indicating a strong commitment to R&D[58] Partnerships and Collaborations - The company has established partnerships with major players like Beyond Meat and Nestle, enhancing its market position in the plant-based protein sector[31] - The company has established strong partnerships with major players such as Beyond Meat, Cargill, Du Pont, Mars, Nestle, and Sojitz[37] - The international sales model focuses on protein products, with established relationships with distributors and major clients like Du Pont, Nestle, and Beyond Meat[44] Production and Capacity - The company holds approximately 20% market share in the Longkou vermicelli industry, with plans to increase production capacity to 100,000 tons over the next three years[38] - The company plans to expand its pea protein production capacity, focusing on high-end protein products in the next three years[51] - The company is focusing on expanding its pea protein business, which has become its largest product line, leveraging advanced extraction technologies[36] Sales and Marketing - The company has a comprehensive sales network with 47,500 total retail outlets in the supermarket channel, including 1,500 international chain stores and 16,000 national chain stores[42] - Domestic sales accounted for 56.77% of total revenue, while international sales represented 43.23%, with the latter growing by 21.96%[63] - The company has established a complete and independent production and sales system for its main products, including noodles, starch, protein, and fiber, ensuring no reliance on controlling shareholders for sales or raw material procurement[100] Corporate Governance and Management - The company has a total of 9 board members, including 3 independent directors, and has set up specialized committees to provide professional opinions for decision-making[97] - The company has implemented a transparent performance evaluation and incentive mechanism for directors, supervisors, and senior management, ensuring compliance with legal regulations[98] - The company maintains good relationships with stakeholders, including distributors and suppliers, to balance the interests of shareholders, employees, and society[98] - The company has a dedicated investor relations management team to ensure equal access to information for all shareholders, utilizing various communication channels[99] Environmental and Social Responsibility - The company is classified as a key pollutant discharge unit and has implemented a closed-loop economic development model for waste management[143] - The company actively engages in social responsibility initiatives, promoting healthy and safe food products while participating in local poverty alleviation and environmental improvement activities[147] - The company has completed environmental impact assessments for all construction projects in accordance with relevant laws[144] - The company emphasizes food safety and product quality, ensuring that no substandard products reach consumers[148] Employee Development and Compensation - The company has established a comprehensive training program to enhance employee skills, covering various areas including management, technical training, and safety production[127] - The company maintains a competitive salary structure to attract and retain talent, with employee wages increasing moderately in line with economic growth[126] - The company has implemented a stock incentive plan approved on February 5, 2021, aimed at enhancing the long-term development and interests of the company and its shareholders[132] Shareholder Information - The company reported a cash dividend total of ¥179,902,303.20, which represents 14.05% of the total profit distribution amount[130] - The company has a total of 1,206,313,331 shares as the basis for the dividend distribution plan, with no cash dividends or stock bonuses proposed for the reporting period[129] - The largest shareholder, Zhaoyuan Junxing Agricultural Development Center, holds 35.01% of the shares, totaling 435,250,137 shares[192] - The company has not reported any changes in the positions of directors, supervisors, or senior management during the reporting period[106]