此次跨界背后是咖啡行业的激烈竞争压力。数据显示，2024年库迪咖啡门店数量曾出现净减少，而竞争 对手瑞幸门店规模已突破2万家，传统加盟模式增长瓶颈凸显。行业人士分析，库迪卖饭是其"便利店 化"战略的重要一环，通过丰富业态提升门店盈利能力，同时为后续推出自有便利店店型铺垫。此前库 迪已启动"触手可及"计划，通过店中店模式嵌入美宜佳等便利店体系，此次热食试水进一步完善了其零 售业态布局。 02 阿玛尼中国首店落地北京国贸，人均消费354元 2025年2月，阿玛尼中国首店落地北京国贸，这标志着又一奢侈品巨头正式进军中国餐饮市场。该店目 前处于试营业阶段，凭借强大的品牌光环，迅速成为社交媒体上的热门打卡地。 2025 年，中国零售行业仍处于存量竞争的深水区，跨界融合成为品牌破局增长的核心关键词。 当咖啡赛道内卷加剧、火锅市场增速放缓、服装行业面临转型压力，越来越多品牌跳出固有边界，以跨 界加创新的组合拳开拓新场景、挖掘新需求，催生了零售业态的多元变革。从奢侈品巨头跨界餐饮，到 餐饮品牌延伸至烘焙、麻辣烫赛道，再到服装、食品企业跨界快消品领域，跨界不再是偶尔的营销噱 头，而是基于供应链复用、客群互补与战略转型的系统性布 ...

Investment Rating - The report indicates a positive investment outlook for the nut snack industry, highlighting significant growth opportunities in e-commerce channels, particularly on platforms like Douyin [8][15]. Core Insights - The nut snack market has shown a recovery with a 16.2% growth in online sales in 2024, reversing the decline seen in 2023 [8]. - Douyin has emerged as a dominant player, increasing its market share from 26.3% in 2022 to 49.3% in 2024, while traditional platforms like Taobao and JD have stagnated [8][9]. - Mixed nuts remain the largest category but have experienced a decline of 6.1% in sales, while other categories like sunflower seeds and peanuts have shown positive growth [10][12]. E-commerce Performance - Douyin's overall growth in the nut category reached 38.9%, with mixed nuts growing by 63.1% and nut gift boxes skyrocketing by 304.5% [15][17]. - Taobao saw a slight decline of 0.6% in the nut category, but specific segments like sunflower seeds and paper-shelled walnuts experienced growth rates of 9.6% and 19.3%, respectively [10][12]. - JD reported a modest growth of 1.5%, with mixed nuts achieving a notable increase of 12.7% [13][14]. Sales Data - The total e-commerce sales for nuts in 2024 are projected at approximately 92.87 billion, with significant contributions from Douyin [9]. - Key sales figures for 2024 include: - Mixed nuts: 21.19 billion with a -6.1% growth - Sunflower seeds: 7.02 billion with a 9.6% growth - Peanuts: 4.30 billion with a 14.2% growth [12]. Brand Rankings - The leading brands in the nut snack market for 2024 include: - Three Squirrels: 11.12 billion with a 23.3% growth - Be&cheery: 5.07 billion with a -18.9% growth - Wolong: 2.75 billion with a 4.0% growth [19][21]. - On Douyin, Three Squirrels also leads with 25.28 billion in sales, reflecting a 63.1% growth [17]. Market Trends - The nut snack industry is witnessing a shift towards online purchasing, with consumers increasingly favoring platforms that offer convenience and variety [6][8]. - The growth of specific categories, such as nut gift boxes and certain types of nuts, indicates changing consumer preferences towards premium and gift-oriented products [15][16].

证券之星消息，1月14日休闲食品板块较上一交易日下跌0.01%，万辰集团领跌。当日上证指数报收于 4126.09，下跌0.31%。深证成指报收于14248.6，上涨0.56%。休闲食品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603057 | 紫燕食品 | 29.60 | 5.71% | 12.49万 | | 3.61亿 | | 603886 | 元祖股份 | 14.35 | 3.76% | 16.61万 | | 2.37亿 | | 002557 | 治治食品 | 22.88 | 2.14% | 11.54万 | | 2.63亿 | | 002991 | 甘源食品 | 62.58 | 1.25% | 1.60万 | | 1.00亿 | | 603777 | 来伊份 | 13.88 | 1.17% | 13.45万 | | 1.86亿 | | 300973 | 立高食品 | 45.00 | 1.08% | 3.40万 | | 1.53亿 | | 0028 ...

"2025年度食品行业十大杰出人物"榜单围绕专业能力、业绩表现、行业影响力等维度综合评选得出。 伍超群，1969年5月出生，工商管理硕士。1996年1月创建恒泰实业，历任副总经理、总经理。现任千禾 味业食品股份有限公司公司董事长、总裁。 伍超群是调味品行业"零添加"赛道的开拓者，推进全系产品包装焕新，优化标签信息呈现，布局蚝油品 类打造 "第二增长曲线"。 | 序号 | 姓名 | 职务 | | --- | --- | --- | | 1 | 张学武 | 盐津铺子董事长 | | 2 | 刘卫平 | 卫龙董事长 | | 3 | 蔡金按 | 盼盼食品董事长 | | 4 | 陈先保 | 治治食品董事长 | | 5 | 杨明超 | 锅圈董事长 | | 6 | 姚忠良 | 白象食品董事长 | | 7 | 章燎源 | 三只松鼠董事长 | | 8 22 | 롯 팀 | 鸣鸣很忙董事长 | | 9 | 马相杰 | 又汇发展总裁 | | 10 | 価超群 | 千禾味业董事长 | | | 糖单油用· 排名不分先后,围绕专业能力 VU结束现、 | | | | g 影响力等维度综合评选得 | | 瑞财经 1月13日，由瑞财经推出的"2 ...

"2025年度食品行业十大杰出人物"榜单围绕专业能力、业绩表现、行业影响力等维度综合评选得出。 陈先保，1959年5月生，研究生学历。2008年6月-2011年7月任合肥华泰集团董事长、总经理；洽洽食品 董事长；2011年7月-2013年1月任合肥华泰集团董事长，洽洽食品董事长、总经理；2013年1月-2015年6 月任合肥华泰集团董事长、总经理、洽洽食品董事长；2015年6月至今任洽洽食品董事长、总经理，合 肥华泰集团董事长。 从36岁放弃国企铁饭碗，到将一颗瓜子做成百亿市值的民族品牌，陈先保展现了企业家的胆识与远见。 | 序号 | 姓名 | 职务 | | --- | --- | --- | | 1 | 张学武 | 盐津铺子董事长 | | 2 | 刘卫平 | 卫龙董事长 | | 3 | 蔡金按 | 盼盼食品董事长 | | 4- | 陈先保 | 治治食品董事长 | | 5 | 杨明超 | 锅圈董事长 | | 6 | 姚忠良 | 白象食品董事长 | | 7 | 章燎源 | 三只松鼠董事长 | | 8 32 133 | 曼脂 | 鸣鸣很忙董事长 | | 9 | 马相杰 | 又汇发展总裁 | | 10 | 伍超群 ...

洽洽食品今年以来股价涨6.15%，近5个交易日涨3.10%，近20日涨8.61%，近60日涨8.00%。 1月12日，洽洽食品盘中上涨2.00%，截至13:14，报22.95元/股，成交9935.84万元，换手率0.87%，总市 值116.09亿元。 资金流向方面，主力资金净流入663.10万元，特大单买入0.00元，占比0.00%，卖出337.07万元，占比 3.39%；大单买入2193.54万元，占比22.08%，卖出1193.38万元，占比12.01%。 截至9月30日，洽洽食品股东户数5.43万，较上期减少5.84%；人均流通股9297股，较上期增加6.20%。 2025年1月-9月，洽洽食品实现营业收入45.01亿元，同比减少5.38%；归母净利润1.68亿元，同比减少 73.17%。 分红方面，洽洽食品A股上市后累计派现46.93亿元。近三年，累计派现16.54亿元。 机构持仓方面，截止2025年9月30日，洽洽食品十大流通股东中，香港中央结算有限公司位居第三大流 通股东，持股398.11万股，相比上期减少1599.15万股。易方达裕鑫债券A（003133）位居第四大流通股 东，持股396.71万 ...

Core Insights - The leisure food industry is witnessing a significant shift towards offline channel expansion, with companies like Three Squirrels and Qiaqia Foods enhancing their physical presence to meet evolving consumer demands for health, cost-effectiveness, and convenience [1][2][4] Group 1: Offline Channel Expansion - Three Squirrels is opening its first batch of seven standard stores across various cities, aiming to cover a wide range of consumer needs with a new product mix that includes fresh and prepared items, with a self-branding ratio of 90% [2] - Salted Fish's strategy focuses on returning to supermarkets to become a deeper partner in retail channels, enhancing consumer trust through flexible channel strategies [2] - Qiaqia Foods is actively expanding its snack wholesale channels by increasing SKU variety and store coverage to improve channel performance [2] Group 2: Hard Discount Retail Growth - Hard discount retailers, represented by internet and retail giants, are aggressively expanding their offline presence, with Meituan's "Happy Monkey" and Hema's "Super Box" planning to open numerous new stores in the coming years [3] - The trend of channel transformation is reshaping the industry landscape, with a notable rise in various offline formats such as convenience stores, membership warehouses, and discount stores, alongside innovations in online retail models [3] Group 3: Product Diversification and Health Trends - The leisure food sector is diversifying its product offerings, with companies like Three Squirrels introducing a range of new items to meet personalized consumer demands [4] - Good Products is also expanding its product categories to cover a wide array of consumer needs, including healthy and convenient food options [4] - Health attributes are becoming a core selling point, with consumers increasingly favoring products that are natural, simple in ingredients, and free from excessive additives, raising the bar for innovation and supply chain efficiency [4] Group 4: Market Trends and Challenges - The Chinese snack industry is maturing, with consumer demands shifting towards health, functionality, and cost-effectiveness [5] - The expansion of volume discount stores and instant retail is expected to reshape the market landscape, driven by penetration into niche scenarios and regional market expansion [5] - Key challenges facing the industry include raw material cost fluctuations, homogenization of products, and food safety risks [6]

Core Viewpoint - Qiaqia Food's stock price has shown a modest increase of 2.04% since the beginning of the year, reflecting a stable performance in the market despite a decline in revenue and net profit for the first nine months of 2025 [1][2]. Financial Performance - For the period from January to September 2025, Qiaqia Food reported a revenue of 4.501 billion yuan, representing a year-on-year decrease of 5.38% [2]. - The net profit attributable to shareholders for the same period was 168 million yuan, which is a significant decline of 73.17% compared to the previous year [2]. Stock Market Activity - As of January 5, 2025, Qiaqia Food's stock price was 22.06 yuan per share, with a market capitalization of 11.159 billion yuan [1]. - The stock has experienced a 0.27% increase over the last five trading days, a 2.60% increase over the last 20 days, and a 4.06% increase over the last 60 days [1]. Shareholder Information - As of September 30, 2025, the number of shareholders for Qiaqia Food was 54,300, which is a decrease of 5.84% from the previous period [2]. - The average number of circulating shares per shareholder increased by 6.20% to 9,297 shares [2]. Dividend Distribution - Since its A-share listing, Qiaqia Food has distributed a total of 4.693 billion yuan in dividends, with 1.654 billion yuan distributed over the last three years [3]. Institutional Holdings - As of September 30, 2025, Hong Kong Central Clearing Limited was the third-largest circulating shareholder, holding 3.9811 million shares, a decrease of 15.9915 million shares from the previous period [3]. - New institutional shareholders include E Fund Yuxin Bond A and Ping An Low Carbon Economy Mixed A, holding 3.9671 million shares and 3.7000 million shares, respectively [3].

证券代码：002557 证券简称：洽洽食品 公告编号：2026-001 债券代码：128135 债券简称：洽洽转债 洽洽食品股份有限公司 关于2025年第四季度可转债转股情况的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 特别提示： 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管 指引第 15 号——可转换公司债券》的有关规定，洽洽食品股份有限公司（以下 简称"公司"）现将 2025 年第四季度可转换公司债券（以下简称"可转债"） 转股及公司股份变动情况公告如下： 一、可转债发行上市基本情况 （一）可转换公司债券发行情况 2022 年 6 月 22 日，公司实施 2021 年年度权益分派方案。根据《洽洽食品 股份有限公司公开发行可转换公司债券募集说明书》发行条款的有关规定，当公 司发生派送红股、转增股本、增发新股或配股以及派发现金股利等情况（不包括 因本次发行的可转换公司债券转股增加的股本）使公司股份发生变化时，应对转 股价格进行调整。"洽洽转债"的转股价格由 60.03 元/股调整为 59.18 元/股， 调整后的转股价格自 20 ...

证券代码：002557 证券简称：洽洽食品 公告编号：2026-002 债券代码：128135 债券简称：洽洽转债 公司已于 2025 年 12 月 8 日在中国证券登记结算有限责任公司深圳分公司开 立第十期员工持股计划证券专用账户，账户名称：洽洽食品股份有限公司－第十 期员工持股计划，证券账户号码：0899513586。 洽洽食品股份有限公司董事会 二〇二六年一月五日 特此公告。 截至 2026 年 1 月 4 日，公司第十期员工持股计划尚未购买公司股票。公司 将持续关注本次员工持股计划的实施进展情况，及时按照相关规定履行信息披露 义务，敬请广大投资者关注公司公告并注意投资风险。 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 洽洽食品股份有限公司（以下简称"公司"）于 2025 年 11 月 14 日召开第 六届董事会第二十二次会议，于 2025 年 12 月 2 日召开 2025 年第三次临时股东 会，审议通过《关于<洽洽食品股份有限公司第十期员工持股计划（草案）>及摘 要的议案》等员工持股计划相关议案，同意公司实施第十期员工持股计划（以下 简称"本次员 ...