Core Viewpoint - Jialong Co., Ltd. (002495) reported a significant decline in both revenue and net profit for the third quarter of 2025, indicating potential challenges in its operational performance [1] Financial Performance - The company achieved a revenue of 56.82 million yuan in the third quarter, representing a year-on-year decrease of 15.23% [1] - The net profit for the same period was 1.72 million yuan, reflecting a substantial year-on-year decline of 77.71% [1]

Core Viewpoint - Jialong Co., Ltd. (002495.SZ) reported a decline in revenue and net profit for the first three quarters of 2025 compared to the previous year [1] Financial Performance - The company achieved an operating income of 177 million yuan, representing a year-on-year decrease of 4.48% [1] - The net profit attributable to shareholders of the listed company was 11.14 million yuan, down 29.92% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 10.52 million yuan, a decrease of 28.58% year-on-year [1]

Core Insights - The seasoning and fermentation sector saw a 0.39% increase on October 27, with Richen Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3996.94, up 1.18%, while the Shenzhen Component Index closed at 13489.4, up 1.51% [1] Stock Performance Summary - Richen Co., Ltd. (603755) closed at 34.18, up 4.85% with a trading volume of 23,300 shares and a turnover of 77.62 million yuan [1] - Baoli Food (603170) closed at 14.50, up 2.62% with a trading volume of 30,700 shares [1] - Anji Food (603696) closed at 12.20, up 1.84% with a trading volume of 65,800 shares [1] - Zhilin Pickles (002507) closed at 13.08, up 1.79% with a trading volume of 190,100 shares [1] - Jialong Co., Ltd. (002495) closed at 2.77, up 1.09% with a trading volume of 207,400 shares [1] - Angel Yeast (600298) closed at 40.62, up 1.02% with a trading volume of 62,300 shares [1] - Haitai Flavor Industry (603288) closed at 38.71, up 0.28% with a trading volume of 130,500 shares [1] Capital Flow Analysis - The seasoning and fermentation sector experienced a net outflow of 93.73 million yuan from institutional investors, while retail investors saw a net inflow of 1.04 million yuan [2] - Major stocks like Haitai Flavor Industry had a net inflow of 12.86 million yuan from institutional investors, but a net outflow of 51.90 million yuan from retail investors [3] - Richen Co., Ltd. had a net inflow of 6.45 million yuan from institutional investors, but also saw a net outflow of 7.80 million yuan from retail investors [3]

证券代码：002495 证券简称：佳隆股份 公告编号：2025-045 广东佳隆食品股份有限公司 第八届董事会第十七次会议决议公告 二、董事会会议审议情况 （一）以 5 票同意，0 票反对，0 票弃权的表决结果审议通过了《关于公司 <2025 年第三季度报告>的议案》。 公司《2025 年第三季度报告》详见指定信息披露媒体《证券时报》、《证券 日报》、《中国证券报》、《上海证券报》及巨潮资讯网（http://www.cninfo.com.cn）。 三、备查文件 经与会董事签字并加盖董事会印章的第八届董事会第十七次会议决议。 特此公告。 广东佳隆食品股份有限公司董事会 2025 年 10 月 27 日 本公司及董事会全体成员保证公告内容的真实、准确和完整，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 广东佳隆食品股份有限公司（以下简称"公司"）第八届董事会第十七次会 议通知已于 2025 年 10 月 17 日以专人送达、电子邮件或传真等方式送达全体董 事。2025 年 10 月 27 日，会议如期在公司会议室召开，会议由董事长林平涛先 生主持，会议应到董事 5 人，实到董事 5 人，公司高级 ...

Financial Performance - The company's revenue for Q3 2025 was ¥56,822,057.34, a decrease of 15.23% compared to the same period last year[4] - Net profit attributable to shareholders was ¥1,722,654.09, down 77.71% year-on-year[4] - The net profit after deducting non-recurring gains and losses was ¥1,733,930.41, a decline of 74.63% compared to the previous year[4] - Total operating revenue for the current period is ¥177,461,573.08, a decrease of 4.5% from ¥185,786,800.46 in the previous period[25] - Net profit for the current period is ¥10,497,148.52, down 27.5% from ¥14,383,609.24 in the previous period[26] - The net profit attributable to shareholders of the parent company is ¥11,141,283.87, a decrease of 30.1% from ¥15,898,477.99 in the previous period[26] - Basic and diluted earnings per share decreased to 0.0119 from 0.0171, reflecting a decline of approximately 30.5%[28] Assets and Liabilities - Total assets increased by 2.43% to ¥1,195,061,979.51 compared to the end of the previous year[6] - Total assets increased to ¥1,195,061,979.51 from ¥1,166,735,157.53, reflecting a growth of 2.4%[24] - Total liabilities increased to ¥98,682,374.29 from ¥50,186,154.03, indicating a significant rise[24] - Non-current liabilities rose to ¥60,665,318.03 from ¥17,396,462.99, showing a substantial increase[24] - The total equity attributable to shareholders of the parent company decreased to ¥1,097,423,813.88 from ¥1,116,949,076.81, a decline of 1.4%[24] Cash Flow - Cash flow from operating activities for the year-to-date was ¥31,332,955.90, an increase of 81.26%[4] - The net cash flow from operating activities increased by ¥14,046,600 compared to the previous period, while the net cash flow from investing activities decreased by ¥3,691,900[16] - Net cash flow from operating activities was 31,332,955.90, compared to 17,286,401.33 in the previous period, indicating an increase of about 81.5%[28] - The company reported a total cash inflow from operating activities of 240,518,329.44, up from 184,654,983.81, marking an increase of approximately 30.3%[28] - Total cash outflow from operating activities was 209,185,373.54, compared to 167,368,582.48 in the previous period, reflecting an increase of about 25.0%[28] - Cash and cash equivalents at the end of the period totaled 306,980,460.94, slightly up from 301,114,970.47 in the previous period[30] - The company reported a significant increase in other receivables by 2052.18% to ¥8,702,819.19, primarily due to new leasing-related deposits from subsidiaries[10] - The company's cash and cash equivalents decreased to ¥306,980,460.94 from ¥323,144,088.00 at the beginning of the period[22] Expenses - Sales expenses rose by 20.85% to ¥11,514,406.41, attributed to increased market personnel and changes in office usage[14] - Cash paid to employees increased by 26.18% to ¥20,040,075.71, attributed to an increase in market personnel and corresponding salary expenses[16] - Taxes paid rose significantly by 70.97% to ¥14,491,485.26, mainly due to the payment of corporate income tax from the previous period[16] - Cash paid for other operating activities increased by 84.26% to ¥22,595,989.05, driven by increased travel and vehicle expenses due to a rise in market personnel and new leasing assets[16] - Research and development expenses for the current period are ¥7,301,533.85, down from ¥8,437,065.93 in the previous period[25] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 40,696, with no preferred shareholders[18] - The top ten shareholders collectively hold 38.28% of the company's total shares, with Lin Pingtao being the largest shareholder at 17.15%[18] Other Information - The company reported a credit impairment loss of ¥523,348.16, compared to a loss of ¥2,730,145.11 in the previous period[26] - The financial report for the third quarter was not audited[31] - The total current assets increased slightly to ¥406,608,992.36 from ¥403,132,861.13 at the beginning of the period[22] - Fixed assets decreased to ¥552,622,023.25 from ¥585,418,750.90, indicating a reduction in the company's long-term asset base[22] - Total operating costs for the current period are ¥167,559,200.02, slightly increased from ¥167,517,744.75 in the previous period[25] - The total profit for the period was ¥12,681,616.71, a decrease of 27.84% year-on-year, influenced by high costs during the market cultivation period for new soy sauce products[14]

Group 1 - The core point of the article is that Jialong Co., Ltd. reported a significant decline in both revenue and net profit for the third quarter and the first three quarters of the year [1] Group 2 - In the third quarter, the company's revenue was 56.82 million yuan, a decrease of 15.23% compared to the previous period [1] - The net profit for the third quarter was 1.72 million yuan, reflecting a substantial decline of 77.71% [1] - For the first three quarters, the total revenue amounted to 177 million yuan, down 4.48% year-on-year [1] - The net profit for the first three quarters was 11.14 million yuan, which represents a decrease of 29.92% [1]

Market Overview - The seasoning and fermentation sector experienced a decline of 0.16% on October 24, with Zhu Laoliu leading the drop [1] - The Shanghai Composite Index closed at 3950.31, up 0.71%, while the Shenzhen Component Index closed at 13289.18, up 2.02% [1] Individual Stock Performance - Daytime stock performance in the seasoning and fermentation sector showed mixed results, with notable gainers and losers: - Richen Co. (603755) increased by 3.56% to 32.60 [1] - ST Jiajia (002650) rose by 1.85% to 7.17 [1] - Haitian Flavoring (603288) decreased slightly by 0.08% to 38.60 [1] - Other notable declines included: - Zhu Laoliu (920726) down 2.02% to 18.40 [2] - Hengshun Vinegar (600305) down 1.47% to 8.03 [2] Trading Volume and Capital Flow - The seasoning and fermentation sector saw a net outflow of 26.48 million yuan from main funds, while retail funds experienced a net inflow of 33.99 million yuan [2] - The total trading volume for the sector was significant, with individual stocks showing varied capital flows [3] Capital Flow Analysis - Key capital flow data for selected stocks: - Angel Yeast (600298) had a main fund net inflow of 32.74 million yuan, but a net outflow from retail investors of 28.43 million yuan [3] - Richen Co. (603755) saw a minor net inflow from main funds of 4.56 million yuan, with retail investors showing a slight net inflow [3] - ST Jiajia (002650) had a net inflow from main funds of 1.23 million yuan, while retail investors experienced a net outflow [3]

Market Overview - The seasoning and fermentation sector increased by 0.11% on October 23, with Zhongjing Food leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Individual Stock Performance - Zhongjing Food (300908) closed at 29.40, up 2.08%, with a trading volume of 21,100 lots and a transaction value of 61.76 million yuan [1] - DR Qianhe Flavor (603027) closed at 8.92, up 1.48%, with a trading volume of 111,900 lots and a transaction value of 99.02 million yuan [1] - Hengshun Vinegar (600305) closed at 8.15, up 1.24%, with a trading volume of 99,700 lots and a transaction value of 80.83 million yuan [1] - Other notable stocks include Baoli Food (603170) at 14.22 (+0.85%), and Anding Yeast (600298) at 40.41 (+0.55%) [1] Capital Flow Analysis - The seasoning and fermentation sector experienced a net outflow of 66.08 million yuan from institutional investors, while retail investors saw a net inflow of 59.87 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors pulling back while retail investors showed interest [2] Detailed Capital Flow by Stock - Lianhua Holdings (600186) had a net inflow of 966,700 yuan from institutional investors, but a net outflow of 593,310 yuan from retail investors [3] - Baoli Food (603170) saw a net inflow of 379,400 yuan from institutional investors, but a significant net outflow of 205,650 yuan from speculative funds [3] - Zhongjing Food (300908) experienced a net outflow of 306,580 yuan from institutional investors, while retail investors contributed a net inflow of 485,630 yuan [3] - Hai Tian Flavor (603288) had a net outflow of 471,430 yuan from institutional investors, with retail investors contributing a net inflow of 650,170 yuan [3]

Core Viewpoint - The seasoning and fermentation products sector experienced a decline of 0.61% on October 22, with ST Jiajia leading the drop [1][2]. Market Performance - The Shanghai Composite Index closed at 3913.76, down 0.07% - The Shenzhen Component Index closed at 12996.61, down 0.62% [1]. Individual Stock Performance - Notable gainers included: - Richen Co., Ltd. (603755) with a closing price of 32.13, up 1.87% on a trading volume of 16,100 shares and a turnover of 51.16 million yuan - Zhu Laoliu (920726) at 18.85, up 0.96% with a trading volume of 11,200 shares and a turnover of 2.13 million yuan - Notable decliners included: - ST Jiajia (002650) at 7.12, down 1.11% with a trading volume of 60,800 shares and a turnover of 44.05 million yuan - Zhongjing Food (300908) at 28.80, down 1.06% with a trading volume of 9,114 shares and a turnover of 2.63 million yuan [1][2]. Capital Flow Analysis - The seasoning and fermentation products sector saw a net outflow of 95.46 million yuan from institutional investors, while retail investors had a net inflow of 55.36 million yuan [2][3]. - The detailed capital flow for individual stocks showed: - Anqi Yeast (600298) had a net inflow of over 9.78 million yuan from institutional investors, but a net outflow of 17.45 million yuan from retail investors - ST Jiajia (002650) experienced a net outflow of 6.39 million yuan from institutional investors, with a net inflow of 4.41 million yuan from retail investors [3].

证券代码：002495 证券简称：佳隆股份 公告编号：2025-044 广东佳隆食品股份有限公司 2025年第三次临时股东会决议公告 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。 特别提示： 1、本次股东会无增加、否决或修改提案的情况； 2、本次股东会未涉及变更以往股东会已通过的决议； 一、会议召开和出席情况 1、公司 2025 年第三次临时股东会采取现场投票和网络投票相结合的 方式召开。现场会议于 2025 年 10 月 21 日下午 14:30 在广东佳隆食品股份 有限公司办公楼 3 楼会议室召开。网络投票时间为 2025 年 10 月 21 日， 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 10 月 21 日 9:15—9:25、9:30—11:30 和 13:00—15:00；通过深圳证券交易 所互联网投票系统投票的具体时间为 2025 年 10 月 21 日 9:15 至 15:00 期 间的任意时间。 2、会议由公司第八届董事会召集，董事长林平涛先生主持，公司董 事、监事及高级管理人员出席或列席了会议，广东信达律师事务 ...