证券代码：002557 证券简称：洽洽食品 公告编号：2025-027 一、监事会会议召开情况 洽洽食品股份有限公司（以下简称"公司"）第六届监事会第十四次会议通 知于2025年4月13日以书面送达方式发出，并于2025年4月23日在公司四楼会议室 召开，本次会议采用现场方式召开。会议由监事会主席宋玉环女士主持，全体监 事出席了会议。本次会议应到监事3名，实到监事3名，符合《中华人民共和国公 司法》和《公司章程》的有关规定。 二、监事会会议审议情况 经全体监事审议表决，形成如下决议： （一）会议以 3 票同意，0 票反对，0 票弃权，通过了《关于<2024 年年度 报告及摘要>的议案》； 债券代码：128135 债券简称：洽洽转债 公司监事在全面了解和审核公司《2024 年年度报告及摘要》后，认为：年 度报告的编制和审议程序符合法律、法规及公司章程和内部管理制度的各项规定； 年度报告的内容和格式符合中国证监会和证券交易所的各项规定；在提出本意见 前，没有发现参与年度报告编制和审议的人员有违反保密规定的行为。 洽洽食品股份有限公司 第六届监事会第十四次会议决议的公告 本公司及监事会全体成员保证信息披露内容的真实 ...

证券代码：002557 证券简称：洽洽食品 公告编号：2025-026 债券代码：128135 债券简称：洽洽转债 洽洽食品股份有限公司 第六届董事会第十七次会议决议的公告 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。 一、董事会会议召开情况 洽洽食品股份有限公司(以下简称"公司")第六届董事会第十七次会议于 2025 年 4 月 13 日以书面及邮件方式通知全体董事，并于 2025 年 4 月 23 日以现 场和通讯表决相结合的方式在公司四楼会议室召开。会议应到会董事七人，实际 到会董事七人，符合召开董事会会议的法定人数。会议由公司董事长陈先保先生 主持，公司监事和高级管理人员列席了会议，本次会议的召开符合《公司法》及 《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议及有效表决，形成如下决议： （一）会议以 7 票同意，0 票反对、0 票弃权，审议通过了公司《关于<2024 年年度报告及摘要>的议案》； 具体内容详见同日披露的《公司2024年年度报告全文》中"第三节管理层讨 论与分析"和"第四节公司治理"的相关内容。 本议案尚需提交股东 ...

洽洽食品股份有限公司 关于 2024 年度利润分配预案的公告 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。 洽洽食品股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开了第 六届董事会第十七次会议、第六届监事会第十四次会议，审议通过了《关于 2024 年度利润分配的预案》，该方案将提交 2024 年年度股东大会审议，现将相关事 项公告如下： 一、利润分配预案基本情况 经容诚会计师事务所（特殊普通合伙）审计，公司 2024 年度合并会计报表 实现归属于母公司所有者的净利润 849,480,766.93 元，母公司实现净利润 630,887,618.84 元，扣除提取法定盈余公积 0 元，加上年度未分配利润 2,149,581,970.7 元，减去 2024 年已分配利润 501,540,647.00 元，加上处置其 他权益工具投资转入留存收益 218,902.00 元，期末可供投资者分配的利润为 2,279,147,844.54 元。 证券代码：002557 证券简称：洽洽食品 公告编号：2025-029 债券代码：128135 债券简称：洽 ...

Financial Performance - The company's revenue for Q1 2025 was ¥1,570,972,741.36, a decrease of 13.76% compared to ¥1,821,560,933.22 in the same period last year[5] - Net profit attributable to shareholders was ¥77,247,792.43, down 67.88% from ¥240,476,526.90 year-on-year[5] - Basic earnings per share fell to ¥0.1524, a decline of 67.88% from ¥0.4744 in the same period last year[5] - Net profit for the period was ¥77,390,064.19, down from ¥240,661,829.01, indicating a decline of approximately 67.9% year-over-year[24] - Operating profit fell to ¥75,167,839.44 from ¥277,767,263.21, a decrease of around 72.9% year-over-year[24] - Total comprehensive income amounted to CNY 103,089,246.46, a decrease from CNY 219,088,282.55 in the previous period[25] Cash Flow - The net cash flow from operating activities decreased by 67.31%, amounting to ¥177,510,937.22 compared to ¥543,086,508.90 in the previous year[5] - Cash inflow from operating activities totaled CNY 1,916,662,976.26, compared to CNY 2,163,090,211.86 last year[26] - Cash outflow for investing activities was CNY 993,026,092.99, significantly higher than CNY 289,195,599.05 in the previous period[27] - Net cash flow from financing activities was CNY 27,930,288.60, a decrease from CNY 271,930,289.02 year-on-year[27] - The ending balance of cash and cash equivalents was CNY 4,357,375,606.75, down from CNY 5,159,819,236.92 in the previous period[27] - Cash received from investment recovery was CNY 742,097,720.41, compared to CNY 268,617,611.90 last year[27] - The company reported a decrease in cash received from sales of goods and services to CNY 1,867,380,613.05 from CNY 2,114,812,338.39[26] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,465,909,232.30, down 5.88% from ¥10,057,056,869.68 at the end of the previous year[5] - Total liabilities decreased to ¥3,808,514,853.84 from ¥4,328,912,448.44, reflecting a decline of about 12.0%[21] - Total equity decreased to ¥5,657,394,378.46 from ¥5,728,144,421.24, a decrease of approximately 1.2%[21] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 50,667, with the largest shareholder holding 42.57% of the shares[11] - The company plans to repurchase shares with a total amount not less than RMB 40 million and not exceeding RMB 80 million, with a maximum repurchase price of RMB 47.48 per share[13] - As of March 31, 2025, the company has repurchased a total of 723,200 shares, accounting for 0.143% of the total share capital, with a total transaction amount of RMB 19,998,147[13] - The company’s repurchase account holds 8,542,269 shares, representing 1.69% of the total shares[14] - The company completed the cancellation of 1,147,400 repurchased shares, reducing the registered capital accordingly, with the cancellation amounting to RMB 59,977,700[17] - The company’s total share capital decreased from 507,002,492 shares to 505,855,092 shares after the cancellation[17] Other Financial Metrics - The company reported a significant increase in trading financial assets, rising by 98.82% to ¥60,629,000 from ¥30,494,000[9] - Accounts receivable increased by 169.78% to ¥17,290,000, primarily due to endorsements that have not yet matured[9] - Inventory decreased by 40.27% to ¥92,338,000, attributed to a reduction in raw material stock[9] - The company experienced a 66.42% reduction in income tax expenses, amounting to ¥1,899,000, due to a decrease in total profit[9] - Total operating revenue decreased to ¥1,570,972,741.36 from ¥1,821,560,933.22, representing a decline of approximately 13.7% year-over-year[23] - Total operating costs decreased to ¥1,517,750,607.61 from ¥1,558,264,845.58, reflecting a reduction of about 2.6% year-over-year[23] - The company reported a financial expense of -¥15,000,165.88, an improvement compared to -¥35,295,374.58 from the previous period[24] - Research and development expenses remained stable at ¥17,357,926.96, slightly down from ¥17,376,053.76[24] - Other comprehensive income after tax was ¥25,699,182.27, compared to a loss of -¥21,573,546.46 in the previous period[24] Audit Status - The company has not yet audited the first quarter report[29]

Investment Rating - The report maintains a "Recommendation" rating for the food and beverage industry, particularly highlighting the white wine sector as it is expected to clear and stabilize, with gradual improvements in the mass market [1]. Core Insights - The white wine sector is currently in a clearing and bottoming phase, with expectations for marginal improvement in the second half of the year. The industry has seen risks transition from off-balance sheet channels to on-balance sheet for most listed companies, leading to a slight slowdown in payment and delivery progress in Q1. However, leading companies have largely completed their initial targets for the year [4][9]. - In the mass market, beer shows signs of marginal improvement, with standout performance in the snack category, particularly for konjac products. The dairy sector is expected to rebound in Q2 after a period of adjustment [19][25]. Summary by Sections White Wine Sector - The white wine sector is in a clearing and bottoming phase, with expectations for improvement in the second half of the year. Q1 saw a slowdown in payment and delivery, but leading companies have met their initial targets [4][9]. - High-end brands like Moutai and Wuliangye are expected to see revenue and profit growth of approximately 9% and 10%, and 4% and 3% respectively in Q1 [10][12]. - The mid-range segment is experiencing varied performance, with brands like Fenjiu and Gujing showing growth, while others like Yanghe are facing challenges [10][12]. Mass Market - The beer sector is showing signs of recovery, with leading brands like Qingdao and Yanjing achieving revenue growth of 4% and 6% respectively in Q1 [26][29]. - The snack segment, particularly konjac products, is performing well, with brands like Salted and Wei Long seeing significant growth [19][25]. - The dairy sector is expected to improve as inventory levels stabilize, with companies like Yili and Mengniu showing resilience [25]. Investment Recommendations - The report suggests bottom-fishing in the white wine sector, with a focus on brands like Moutai, Wuliangye, and Fenjiu, while also recommending attention to the mass market for potential turning points in beer and dairy [5][19].

每经记者 章光日 每经编辑 吴永久 2025年3月29日，洽洽食品同时发布了两期员工持股计划延期的公告。其中，有一期员工持股计划属于第二次延期。2025 年4月2日，公司发布了关于股份回购进展情况的公告。然而，有投资者在深交所互动易上呼吁公司扩大回购资金规模。 洽洽食品员工持股计划为何延期？投资者为何呼吁公司扩大回购资金规模？接下来每经资本眼记者就来详细探究一番。 两期员工持股计划同时延期，浮亏均在四成左右 2025年3月29日，洽洽食品发布了公司关于第八期员工持股计划延期的公告和关于第五期员工持股计划延期的公告。相关 公告显示，第八期员工持股计划的存续期延长12个月，即延长至2026年5月10日，而第八期员工持股计划存续期原本为 2023年5月11日至2025年5月10日。第五期员工持股计划的存续期延长12个月，即延长至2026年4月7日，而第五期员工持股 计划的存续期原本为2021年4月8日至2024年4月7日。不难发现，公司第五期员工持股计划的存续期属于第二次进行延期。 每经资本眼记者注意到，洽洽食品上述两期员工持股计划目前皆处于大幅浮亏的状态。截至2025年4月11日收盘，洽洽食 品收盘价为26.17 ...

Investment Rating - The industry investment rating is "Outperform the Market" and is maintained [2] Core Viewpoints - The revenue of the beverage and tea industry in January-February decreased by 0.4% year-on-year [2] - The overall performance of the food and beverage sector shows a slight increase, with the food and beverage index rising by 0.40% from March 24 to March 28, ranking third among 28 sub-industries [6][7] - The report recommends high-end liquor with stable demand and high growth certainty, including Guizhou Moutai, Wuliangye, and Luzhou Laojiao, as well as strong regional brands [18] Summary by Sections Industry Performance - From March 24 to March 28, the overall market index increased by 0.07%, while the food and beverage index increased by 0.40% [6][7] - The top-performing sectors were meat products (+2.86%), dairy products (+2.13%), and beer (+2.01%) [6] - Notable stock performances included Miaokelando (+28.66%), Guangming Meat (+13.02%), and Yanjinpuzi (+5.33%) [6] Company Announcements - Shuanghui Development reported a total revenue of 59.561 billion yuan for 2024, down 0.55% year-on-year [21] - Zhujiang Beer reported a total revenue of 5.731 billion yuan for 2024, up 6.56% year-on-year [21] - Sanquan Food reported a total revenue of 3.476 billion yuan for 2024, up 10.41% year-on-year [21] - Three squirrels reported a total revenue of 10.622 billion yuan for 2024, up 49.30% year-on-year [21] Industry News - The 112th National Sugar and Wine Commodity Fair is preparing to sign several major projects with a total investment exceeding 3 billion yuan [23] Consumer Data - In January-February 2025, the total retail sales of consumer goods increased by 4.0% year-on-year, while the catering retail sales increased by 4.3% [24] - The consumer confidence index for January 2025 was 87.5, down 1.57% year-on-year [24] Alcohol Industry Data - In January-February 2025, the production of liquor, beer, and wine decreased by 11.2%, 4.9%, and 25% year-on-year, respectively [29]

登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002557 证券简称：洽洽食品 公告编号：2025-025 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年第一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。 根据相关法律法规和《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》（以下简称"《募 集说明书》"）的有关规定，本次发行的可转换公司债券转股期自可转换公司债券发行结束之日（2020 年10月26日）起满六个月后的第一个交易日（2021年4月26日）起至可转换公司债券到期日（2026年10 月19日）止。"洽洽转债"的初始转股价格为60.83元/股。 2021年6月11日，公司实施2020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60.8 ...