记载、误导性陈述或重大遗漏。 上海百润投资控股集团股份有限公司（以下称"公司"）第六届董事会第三 次会议于2025年4月25日召开，会议审议通过了《关于提请召开2024年度股东大 会的议案》。会议决议于2025年5月19日在上海康桥万豪酒店以现场表决与网络 投票相结合的方式召开公司2024年度股东大会，现将本次股东大会的有关事项公 告如下： 债券代码：127046 债券简称：百润转债 证券代码：002568 证券简称：百润股份 公告编号：2025-016 上海百润投资控股集团股份有限公司 关于召开 2024 年度股东大会的通知 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 一、召开会议的基本情况 1．股东大会届次：2024 年度股东大会。 2．召集人：公司董事会。 3．会议召开的合法、合规性：本次股东大会的召开符合有关法律、行政法 规、部门规章、规范性文件、深圳证券交易所业务规则和《公司章程》等的规定。 4．会议召开的日期、时间： （1）现场会议召开时间为：2025 年 5 月 19 日下午 14:30。 （2）网络投票时间为：2025 年 5 月 19 日。 其中，通过深圳证券交易所交 ...

Financial Performance - The company's operating revenue for 2024 was ¥3,048,129,990.26, a decrease of 6.61% compared to ¥3,263,890,562.37 in 2023[6]. - The net profit attributable to shareholders for 2024 was ¥719,142,385.33, down 11.15% from ¥809,415,875.36 in 2023[6]. - The cash flow from operating activities increased by 19.69% to ¥672,893,049.05 in 2024, compared to ¥562,176,481.60 in 2023[6]. - The company's total assets at the end of 2024 reached ¥8,118,648,546.14, reflecting a 14.17% increase from ¥7,111,215,764.12 at the end of 2023[6]. - The basic earnings per share for 2024 was ¥0.69, a decrease of 11.54% from ¥0.78 in 2023[6]. - The company reported a decrease in net profit after deducting non-recurring gains and losses, with a figure of ¥672,446,445.23 for 2024, down 13.65% from ¥778,704,812.89 in 2023[6]. - The weighted average return on equity for 2024 was 16.57%, down from 20.24% in 2023, indicating a decline of 3.67%[6]. - The company's total revenue for the reporting period was approximately ¥3.01 billion, with a gross margin of 69.92%[35]. Dividend Distribution - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares to all shareholders, based on a total share capital of 1,037,775,251 shares after deducting repurchased shares[6]. - The company has a total of 393,129,943.64 CNY in cash dividends, which includes 81,797,368.34 CNY from share repurchases[153]. - The cash dividend distribution policy is compliant with the company's articles of association and protects the rights of minority shareholders[152]. Market Position and Competition - The pre-mixed cocktail industry is experiencing intensified competition, with the company aiming to enhance its core competitiveness through improved management, innovation, and brand building[4]. - The company is committed to strengthening its brand and optimizing product structure to mitigate risks from increased competition in the pre-mixed cocktail market[4]. - The company is recognized as a leading enterprise in the pre-mixed cocktail industry and is a key drafter of the national standards for pre-mixed cocktails in China[28]. - The company’s pre-mixed cocktail brand "RIO" has maintained the number one market share in the industry for several consecutive years[31]. - The company aims to maintain its leading position in the ready-to-drink cocktail market despite increasing competition, leveraging its experience and brand strength[111]. Product Development and Innovation - The company has a strong focus on research and development to enhance its product matrix and marketing strategies in the whiskey sector[5]. - The company is focusing on product innovation and marketing strategies to enhance brand recognition and consumer engagement for its core sub-brands[48]. - The company is expanding its "358" product matrix, launching new flavors and packaging to enhance consumer engagement, including the "Spring Snow Peach" flavor in the strong refreshing series[50]. - The company is currently developing new products in pre-mixed cocktails and food flavoring, aiming to enhance technological innovation capabilities[69]. - The company has established a high-quality brand image for its whiskey products, launching the "LaiZhou" and "Bailide" brands, with a focus on single malt and blended whiskey[107]. Operational Efficiency and Management - The company has established a quality assurance system that complies with international standards, ensuring product safety and quality across all stages of procurement, production, storage, and sales[3]. - The company has maintained a robust quality management system since its establishment, with no significant quality disputes arising from its products[3]. - The company has implemented a digital management system to optimize customer data and improve brand interaction effectiveness[49]. - The company has established a full industry chain layout, enhancing resource sharing and collaborative efficiency between the pre-mixed cocktail and flavoring businesses[42]. - The company is optimizing its structure by transferring the flavoring business to a wholly-owned subsidiary, aiming to enhance operational efficiency and align with long-term strategic goals[53]. Environmental and Sustainability Practices - The company has complied with all relevant environmental protection laws and regulations, including the Environmental Protection Law of the People's Republic of China[169]. - The company reported no exceedances in pollutant emissions, maintaining compliance with industry standards for ammonia nitrogen, chemical oxygen demand, and total phosphorus[171]. - The company has implemented emergency response plans for environmental incidents, with regular drills conducted to ensure efficient handling of potential leaks and abnormal discharges[173]. - The company’s production processes prioritize green and low-carbon technologies, achieving over 15% energy savings through the use of low-energy distillation equipment[178]. - The company has committed to continuous improvement of environmental measures to support its long-term carbon neutrality goals[181]. Governance and Compliance - The company maintains complete independence from its controlling shareholders in terms of business operations, personnel, assets, and financial management[119]. - The company has a structured governance framework with a board of directors, supervisory board, and various functional departments operating independently[123]. - The company has not faced any penalties from securities regulatory authorities in the past three years[135]. - The company has established a complete and independent financial accounting system and management policies, ensuring financial independence from its controlling shareholder[123]. - The company has a clear separation between its operational departments and its controlling shareholder, ensuring no overlap in organizational structure[123]. Human Resources and Employee Management - The total number of employees at the end of the reporting period is 1,785, with 739 in sales and 311 in production[147]. - The company has established a training program for new employees, internal training, and external training to enhance employee skills[149]. - The company follows a performance-based compensation policy, ensuring competitive salary standards based on market levels and company performance[148]. - The company has implemented a stock incentive plan, approved by the board and independent directors, to motivate employees[154]. - The company has a total of 1,071 employees with education below a bachelor's degree, while 618 hold a bachelor's degree and 96 have a master's degree or higher[147].

Financial Performance - The company's revenue for Q1 2025 was ¥736,835,463.98, a decrease of 8.11% compared to ¥801,909,785.58 in the same period last year[5] - Net profit attributable to shareholders increased by 7.03% to ¥181,367,080.03 from ¥169,451,190.32 year-on-year[5] - The company's basic earnings per share rose by 12.50% to ¥0.18 from ¥0.16 year-on-year[5] - Net profit for the current period is ¥181,356,047.85, an increase of 8.3% compared to ¥167,841,139.31 in the previous period[24] - Operating profit increased to ¥240,469,919.00, up 16.6% from ¥206,196,352.79 in the previous period[24] Cash Flow - The net cash flow from operating activities rose by 23.82% to ¥336,058,887.27, compared to ¥271,415,239.86 in the previous year[5] - Cash flow from operating activities generated a net amount of ¥336,058,887.27, compared to ¥271,415,239.86 in the previous period, reflecting a 23.8% increase[28] - Total cash inflow from operating activities was ¥1,019,222,612.32, down from ¥1,089,823,205.32 in the previous period[27] - The company reported a net cash outflow from investing activities of ¥101,802,926.95, an improvement from a net outflow of ¥341,542,692.25 in the previous period[28] Assets and Liabilities - The total assets at the end of the reporting period increased by 2.14% to ¥8,292,654,971.17 from ¥8,118,648,546.14 at the end of the previous year[5] - Total current assets rose to ¥3,498,535,757.75 from ¥3,463,106,710.18, indicating an increase of approximately 1.0%[20] - Fixed assets increased significantly to ¥3,676,067,128.75 from ¥2,924,667,057.45, reflecting a growth of around 25.7%[20] - Total liabilities decreased slightly to ¥3,414,927,813.30 from ¥3,421,678,576.51, a reduction of approximately 0.2%[21] - The company's equity attributable to shareholders rose to ¥4,867,489,761.62 from ¥4,686,721,541.20, an increase of about 3.9%[22] Expenses - The company's sales expenses decreased by 33.53% compared to the same period last year, primarily due to lower advertising costs[14] - Total operating costs decreased to ¥502,016,600.05, down 17.4% from ¥607,575,339.17 in the previous period[24] - Research and development expenses for the current period were ¥22,583,632.64, a slight decrease of 6.1% from ¥24,064,825.76 in the previous period[24] Strategic Initiatives - The company launched the "Bailide" blended whisky in March 2025 and plans to introduce the "Laizhou" single malt whisky series in the future[8] - The company aims to achieve growth throughout the year by focusing on high-quality development and nurturing new productive forces[8] Shareholder Information - The total number of shares held by the top 10 shareholders includes significant stakes, with Liu Xiaodong holding 106,397,126 shares, representing a substantial portion of the company's equity[18] - The company has a total of 11,593,704 shares held in a repurchase account, accounting for 1.10% of the total share capital[18]

债券代码：127046 债券简称：百润转债 证券代码：002568 证券简称：百润股份 公告编号：2025-007 上海百润投资控股集团股份有限公司 第六届监事会第三次会议决议公告 本公司及监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、监事会会议召开情况 上海百润投资控股集团股份有限公司（以下简称"公司"）第六届监事会第 三次会议于 2025 年 4 月 15 日以电子邮件和电话等方式发出通知，并于 2025 年 4 月 25 日以现场结合通讯方式举行。会议由监事会主席耿涛女士主持，会议应 到监事 3 人，实到监事 3 人。会议召开符合《公司法》和《公司章程》之规定。 二、监事会会议审议情况 与会监事审议并通过了如下决议： 报告摘要登载于《证券时报》《上海证券报》《证券日报》《中国证券报》 和巨潮资讯网（www.cninfo.com.cn）。 3．审议通过《关于<公司 2024 年度财务决算报告>的议案》 表决结果：同意 3 票；反对 0 票；弃权 0 票。 报告全文登载于巨潮资讯网（http://www.cninfo.com.cn）。 1．审议通过《关于<公司 ...

证券代码：002568 证券简称：百润股份 公告编号：2025-006 债券代码：127046 债券简称：百润转债 上海百润投资控股集团股份有限公司 第六届董事会第三次会议决议公告 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 上海百润投资控股集团股份有限公司（以下简称"公司"）第六届董事会第 三次会议于 2025 年 4 月 15 日以邮件方式发出通知，并于 2025 年 4 月 25 日在 公司会议室以现场表决方式举行。本次会议应到董事七名，实到董事七名。会议 由董事长刘晓东先生主持，公司部分监事及高级管理人员列席了会议，会议召开 符合《公司法》和《公司章程》规定。 二、董事会会议审议情况 1．审议通过《关于<公司 2024 年度董事会工作报告>的议案》 表决结果：同意 7 票；反对 0 票；弃权 0 票。 独立董事分别向董事会提交了《2024 年度独立董事述职报告》，并将在 2024 年度股东大会上述职。各独立董事的述职报告内容登载于巨潮资讯网 （http://www.cninfo.com.cn）。 《2024 年度董事会工作报 ...

证券代码：002568 证券简称：百润股份 公告编号：2025-012 债券代码：127046 债券简称：百润转债 上海百润投资控股集团股份有限公司 关于回购注销 2021 年限制性股票激励计划 部分限制性股票的公告 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。 上海百润投资控股集团股份有限公司（以下简称"公司"或"百润股份"） 于 2025 年 4 月 25 日召开了第六届董事会第三次会议、第六届监事会第三次会 议，审议通过了《关于回购注销 2021 年限制性股票激励计划部分限制性股票的 议案》。鉴于公司 2021 年限制性股票激励计划首次授予激励对象 20 人因个人原 因离职，已不符合激励条件，公司拟将其所持有的已获授但尚未解除限售的限制 性股票合计 287,000 股（对应转增前 205,000 股）进行回购注销；公司 2021 年 限制性股票激励计划首次授予部分限制性股票第二个解除限售期解除限售条件 未能成就，公司拟将 138 名激励对象所持有的已获授但尚未解除限售的限制性股 票合计 619,500 股（对应转增前 442,500 股）进行回购注销。 ...

公司最终实际从募集资金专户中划出 57,000 万元暂时补充流动资金。公司在使用 闲置募集资金暂时补充流动资金期间，对资金进行了合理的安排与使用，没有影响募集 资金投资计划的正常进行，没有变相改变募集资金用途，资金运用情况良好。 证券代码：002568 证券简称：百润股份 公告编号：2025-005 债券代码：127046 债券简称：百润转债 上海百润投资控股集团股份有限公司 关于归还暂时补充流动资金的闲置募集资金的公告 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 上海百润投资控股集团股份有限公司（以下简称"百润股份"或"公司"）于 2024 年 4 月 24 日召开第五届董事会第十五次会议，会议审议通过了《关于使用部分闲置募 集资金暂时补充流动资金的议案》，同意使用 2020 年非公开发行股票部分闲置募集资 金不超过 30,000 万元、2021 年公开发行可转债部分闲置募集资金不超过 30,000 万元， 用于暂时补充流动资金，使用期限不超过董事会批准之日起十二个月。详见公司 2024 年 4 月 26 日登载于《证券时报》《上海证券报》《证券日报》《中 ...

| 证券代码：002568 | 证券简称：百润股份 公告编号：2025-004 | | --- | --- | | 债券代码：127046 | 债券简称：百润转债 | 上海百润投资控股集团股份有限公司 "百润转债"的初始转股价格为66.89元/股。 百润转债2025年第一季度转股情况公告 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： 一、可转换公司债券发行上市概况 （一）可转换公司债券发行情况 经中国证券监督管理委员会《关于核准上海百润投资控股集团股份有限公司 公开发行可转换公司债券的批复》（证监许可[2021]2939号）核准，公司于2021 年9月29日公开发行了1,128万张可转换公司债券，每张面值100元，发行总额 112,800万元。本次发行的可转换公司债券向发行人在股权登记日收市后中国证 券登记结算有限责任公司深圳分公司登记在册的原股东优先配售，原股东优先配 售后余额部分（含原股东放弃优先配售部分）采用网上通过深交所交易系统向社 会公众投资者发行，认购金额不足112,800万元的部分由主承销商包销。 （二）可转换公司债券上市情况 经深 ...

债券代码：127046 债券简称：百润转债 证券代码：002568 证券简称：百润股份 公告编号：2025-003 近日，公司收到中行浦东开发区支行通知，因中国银行股份有限公司内部机 构调整，原中行浦东开发区支行在授信额度协议项下的全部权利义务均由中国银 行股份有限公司上海自贸试验区分行承继。公司与中行浦东开发区支行签订的 《最高额保证合同》【编号：B012024PK(ZGK)31】仍然有效，债权人变更为中 国银行股份有限公司上海自贸试验区分行。 三、公司累计对外担保数量及逾期担保的数量 截至本公告披露日，上市公司及其控股子公司对外担保总额为 135,000 万元， 占公司最近一期经审计净资产的 33.39%；无逾期担保情形；无涉及诉讼的担保 金额及因担保被判决败诉而应承担的损失金额。 特此公告。 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、担保事项概述 上海百润投资控股集团股份有限公司（以下简称"公司"）之全资子公司上 海锐澳酒业营销有限公司（以下简称"锐澳营销"）因业务开展需要，向中国银 行股份有限公司上海市浦东开发区支行（以下简称"中行浦东开发区 ...

Investment Rating - The report assigns a "Buy" rating for the company, indicating a positive outlook for its future performance [5][7]. Core Viewpoints - The ready-to-drink (RTD) beverage market in China is experiencing significant growth, with the company holding a dominant market position, achieving a market share of 73% in 2023 [6][31]. - The company's product matrix, which includes the "358" series (micro-drunk, refreshing, and strong), effectively targets different consumer demographics and drinking scenarios, enhancing brand recognition and loyalty [10][40]. - The report anticipates steady revenue growth, projecting operating income to reach 41.1 billion yuan by 2026, with a compound annual growth rate (CAGR) of 12.6% [5][7]. Summary by Sections 1. Company Background - The company was founded in 1997, initially focusing on flavor and fragrance development, and has since evolved into a leading player in the RTD beverage sector through strategic acquisitions and product innovation [18][22]. 2. Market Potential - The RTD market in China is projected to continue expanding, with a CAGR of 19% in volume and 18% in sales from 2018 to 2023, indicating substantial growth potential compared to Japan's market [6][31]. - The consumer base is primarily young adults aged 18-34, with a significant female demographic, driven by the appeal of low-alcohol, flavorful beverages [31][36]. 3. Product Marketing and Channel Expansion - The company has established a robust marketing strategy that includes a diverse product range and targeted promotions, which have successfully captured consumer interest and expanded market share [10][40]. - The distribution strategy focuses on offline channels, which accounted for 86% of revenue in 2023, with a steady increase in the number of distributors [48][51]. 4. Financial Projections - The report forecasts the company's net profit to reach 1.035 billion yuan by 2026, with a projected P/E ratio decreasing from 34 to 25 over the same period, reflecting improved profitability [5][7].