Core Viewpoint - Hefei Qiabao Cultural Communication Co., Ltd. has been established, fully owned by Qiaqia Food Co., Ltd. (002557) [1] Company Summary - The legal representative of Hefei Qiabao Cultural Communication Co., Ltd. is Chen Lili [1] - The business scope of the new company includes retail of daily ceramic products, kitchenware, daily miscellaneous goods, and cosmetics [1]

Core Viewpoint - The announcement details the upcoming expiration of the fifth employee stock ownership plan of Qiaqia Food Co., Ltd., which is set to end on April 7, 2026, and outlines the plan's history, current status, and future arrangements [1][2][3]. Group 1: Employee Stock Ownership Plan Overview - The fifth employee stock ownership plan was approved on January 26, 2021, allowing the company to acquire shares through non-trading transfers [1][2]. - As of the announcement date, the plan holds 91,947 shares, representing 0.018% of the company's total share capital, and has not sold any shares since its establishment [4][5]. Group 2: Plan Duration and Extensions - The original duration of the plan was 36 months, from April 8, 2021, to April 7, 2024. It was extended twice, first to April 7, 2025, and then to April 7, 2026, following approvals from the management committee and the board [3][6][8]. Group 3: Future Arrangements - After the lock-up period ends, the management committee will decide on the timing for selling the shares held under the plan and will distribute the proceeds to participants based on their shareholding proportions, after deducting relevant taxes [5][6]. - The plan will adhere to market trading rules and regulations regarding sensitive periods for trading [6][9].

证券代码：002557 证券简称：洽洽食品 公告编号：2025-084 债券代码：128135 债券简称：洽洽转债 洽洽食品股份有限公司 关于第五期员工持股计划存续期即将届满的提示性公告 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 2021 年 1 月 8 日召开第五 届董事会第八次会议、第五届监事会第七次会议，于 2021 年 1 月 26 日召开 2021 年第一次临时股东大会，审议通过了《<洽洽食品股份有限公司第五期员工持股 计划（草案）>及摘要》等议案，同意公司实施第五期员工持股计划（以下简称 "本次员工持股计划"或"本员工持股计划"）。本次员工持股计划通过非交易 过户等法律法规允许的方式获得公司回购专用证券账户所持有的公司股票（以下 简称"标的股票"）。具体内容详见公司刊登于《中国证券报》《证券时报》《上 海证券报》《证券日报》和巨潮资讯网（http://www.cninfo.com.cn）的相关公告。 鉴于公司第五期员工持股计划存续期将于 2026 年 4 月 7 日届满，根据《关 于上市公司实施员工 ...

证券代码：002557 证券简称：洽洽食品 公告编号：2025-085 债券代码：128135 债券简称：洽洽转债 洽洽食品股份有限公司 关于第八期员工持股计划存续期即将届满的提示性公告 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 2022 年 10 月 26 日召开第 五届董事会第二十四次会议、第五届监事会第二十次会议，于 2022 年 11 月 11 日召开 2022 年第二次临时股东大会，审议通过《关于<洽洽食品股份有限公司第 八期员工持股计划（草案）>及摘要的议案》等员工持股计划相关议案，同意公 司实施第八期员工持股计划（以下简称"本次员工持股计划"或"本员工持股计 划"）。本员工持股计划的股票来源部分为公司于 2019 年 5 月 23 日至 2020 年 5 月 10 日期间回购的公司股票以及部分为通过二级市场购买（包括但不限于大 宗交易、竞价交易等方式）或法律法规允许的其他方式取得的公司股票（以下简 称"标的股票"）。具体内容详见公司刊登于《中国证券报》《证券时报》《上 海证券报》《证券日报》和巨潮 ...

Industry Investment Rating - The investment rating for the food and beverage industry is "Outperform" [1] Core Insights - The report highlights that the liquor sector is actively releasing pressure on financial statements, with the industry gradually bottoming out. The frozen food sector is witnessing a turning point, while the soft drink and snack sectors maintain high levels of prosperity [3][4][30] Summary by Sections 1. Liquor - The liquor sector's total revenue for the first three quarters of 2025 was CNY 319.23 billion, a year-on-year decrease of 5.76%, with net profit down 6.85% to CNY 122.67 billion. In Q3 alone, revenue fell 18.38% to CNY 78.48 billion, and net profit dropped 22.00% to CNY 28.09 billion [14][28] - High-end liquor brands like Moutai showed stable growth, while others like Wuliangye and Luzhou Laojiao faced significant declines. Moutai's revenue grew by 9.28% year-on-year, while Wuliangye's fell by 10.26% [17][19] - The second-tier liquor brands, such as Fenjiu, showed resilience with a revenue increase of 5.00%, while others like Shui Jing Fang and Shede experienced declines [26][22] 2. Soft Drinks - The soft drink sector saw significant growth, with companies like Dongpeng Beverage reporting a 34.13% increase in revenue year-on-year. The energy drink segment, particularly, showed robust growth [30][31] - The introduction of new flavors and products, such as Dongpeng's summer limited edition, contributed to the sustained high growth rates in this sector [30] 3. Dairy Products - The dairy sector, led by Yili, maintained stable performance despite high base effects, with significant growth in milk powder and cold drink products. New Dairy's low-temperature products continued to show double-digit growth [4][31] 4. Frozen Foods - The frozen food industry is experiencing a turning point, with companies noting that the price war has peaked. The focus is shifting towards rational competition and value [7][30] 5. Snacks - The snack sector is undergoing strategic adjustments, with member stores and instant retail becoming key growth channels. The overall consumption environment remains weak, but the snack sector is adapting with targeted strategies [7][30]

Group 1 - The company approved a proposal for joint investment with its controlling shareholder, Hefei Huatai Group, to establish a new subsidiary, with the company’s wholly-owned subsidiary, Shanghai Chuangweilai Investment Co., Ltd., contributing 160 million yuan, accounting for 40% of the investment, while Hefei Huatai Group will contribute 240 million yuan, accounting for 60% [1] - The newly established joint venture is named Hefei Kunlin Kai Enterprise Management Co., Ltd., with a registered capital of 400 million yuan, and it has completed registration and obtained a business license from the Hefei Market Supervision Administration [2] - The joint venture's business scope includes investment activities with its own funds and enterprise management consulting, excluding licensed businesses [2]

Group 1 - The company has approved a proposal to jointly invest in a subsidiary with its controlling shareholder, Hefei Huatai Group, with the company’s wholly-owned subsidiary, Shanghai Chuangwei Lai Investment Co., Ltd., contributing 160 million yuan, accounting for 40% of the investment, while Hefei Huatai Group will invest 240 million yuan, accounting for 60% [2] - The joint venture company, Hefei Kunlin Kai Enterprise Management Co., Ltd., has been officially registered and has obtained a business license from the Hefei Market Supervision Administration [3] - The registered capital of the joint venture company is 400 million yuan, and it was established on November 3, 2025 [3]

证券代码：002557 证券简称：洽洽食品 公告编号：2025-083 债券代码：128135 债券简称：洽洽转债 洽洽食品股份有限公司 关于与关联方共同投资设立参股公司暨关联交易的进展公告 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、与关联方共同投资暨关联交易概述 洽洽食品股份有限公司（以下简称"公司"）于 2025 年 10 月 23 日召开第 六届董事会第二十一次会议审议通过了《关于与关联方共同投资设立参股公司暨 关联交易的议案》，关联董事陈先保、陈奇、陈冬梅、张婷婷进行了回避表决， 非关联董事一致表决通过，同意公司全资子公司上海创味来投资有限责任公司 （以下简称"创味来"）与公司控股股东合肥华泰集团股份有限公司（以下简称 "合肥华泰集团"）共同投资设立参股公司，公司全资子公司创味来出资 1.6 亿元，出资占比 40%；公司控股股东合肥华泰集团出资 2.4 亿元，出资占比 60%。 具体内容详见公司于 2025 年 10 月 24 日在巨潮资讯网（www.cninfo.com.cn）上 披露的《关于与关联方共同投资设立参股公司暨关联交易的公告》（ ...

Group 1 - The company announced a share buyback plan, intending to repurchase 1,766,691 shares [2] - This repurchase represents 0.349% of the company's total share capital [2] - The buyback will be conducted through a dedicated securities account via centralized bidding [2]

Group 1 - The company has completed the registration work for the 2024 stock option incentive plan, with a reserved grant quantity of 600,000 shares, accounting for 0.12% of the current total share capital [1] - The number of individuals receiving the reserved grants is 7 [1] - The stock option is referred to as "洽洽JLC2" with the code 037932, and the stock source includes shares issued to incentive objects and/or shares repurchased from the secondary market [1]