1月26日晚，贝因美（002570.SZ）发布公告，其控股股东浙江小贝大美控股有限公司向法院提出的预重整 申请迎来进展，浙江省金华市中级人民法院已裁定受理小贝大美控股前期提出的预重整申请，其第一次债 权人会议尚在表决过程中。 值得注意的是，公司强调在业务、人员、资产、机构、财务等方面与控股股东完全独立，生产经营正常， 未受控股股东预重整事项实质性影响。小贝大美控股不存在非经营性占用公司资金或违规担保等侵害公司 利益的情形。 示意图，来源:网络 示意图，来源:网络 贝因美经营独立无虞 控股股东风险出清 从公告中不难看出，贝因美上市公司层面与控股股东在资产、业务、财务及人员管理上保持完全独立运 作，形成了清晰的治理边界。 此次控股股东预重整仅涉及其自身债务处置，绝不会对上市公司正常生产经营产生影响。从目前进展来 看，控股股东启动并推进预重整，绝非被动应对债务问题，而是主动通过法治化、市场化路径化解风险的 积极举措，本质上属于利好事件。 预重整进程的稳步推进，标志着相关债务处置进入关键落地阶段，不仅能有效厘清控股股东债务关系、优 化其财务结构，更能消除市场对上市公司潜在不确定性的担忧，为贝因美营造更稳定、健康的外部 ...

Core Viewpoint - Beiyinmei's operations remain unaffected by the pre-restructuring application of its controlling shareholder, Zhejiang Xiaobei Damei Holdings, which is currently undergoing a court-approved debt restructuring process [1][3]. Group 1: Company Independence - Beiyinmei emphasizes complete operational independence from its controlling shareholder in terms of assets, business, finance, and personnel management, establishing clear governance boundaries [3]. - The pre-restructuring process only pertains to the controlling shareholder's debt management and will not impact Beiyinmei's normal production and operations [3]. Group 2: Positive Implications of Restructuring - The ongoing pre-restructuring process is viewed as a proactive measure to address debt issues through legal and market-oriented approaches, which is fundamentally a positive development for the company [3]. - This restructuring marks a critical phase in clarifying the controlling shareholder's debt relationships and optimizing its financial structure, thereby alleviating market concerns about potential uncertainties for Beiyinmei [3]. Group 3: Strategic Positioning - Beiyinmei's strategy of "genuine and practical" products aligns with current consumer trends towards rationality and value, particularly following the implementation of childcare subsidy policies [5]. - The company has established a solid foundation through diversified products, enhanced channel efficiency, and stringent quality control, which supports its growth logic [3][5]. Group 4: Financial Performance - In the first three quarters, Beiyinmei reported revenues of 2.033 billion yuan and a net profit of 106 million yuan, reflecting a year-on-year growth of 48.07% [6]. - The company's net profit excluding non-recurring items increased by 76.23%, with a significant 121.16% year-on-year growth in the third quarter, indicating enhanced overall profitability [6]. Group 5: Market Position and Social Responsibility - Beiyinmei maintains a strong market position, ranking among the top four in the domestic milk powder market, with a solid brand recognition and customer loyalty built over 34 years [6]. - The company has donated over 1.16 billion yuan to various social causes, extending its commitment to social responsibility [6].

关于控股股东预重整的进展公告 证券代码：002570 证券简称：贝因美 公告编号：2026-010 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。 贝因美股份有限公司 1、截至本公告披露日，公司控股股东浙江小贝大美控股有限公司（以下简 称"小贝大美控股"）共持有公司股份 132,629,471 股，占公司总股本的 12.28%。 其中，被质押或冻结的股份数量为 131,105,171 股，占其所持股份比例为 98.85%。 浙江省金华市中级人民法院（以下简称"金华中院"）已裁定受理小贝大美控股 前期提出的预重整申请，其第一次债权人会议尚在表决过程中，小贝大美控股若 后续实施重整，可能导致其在公司的股东权益发生变动。 2、公司具有独立完整的业务及自主经营能力，在业务、人员、资产、机构、 财务等方面与控股股东相互独立。小贝大美控股的上述事项不会对公司日常生产 经营产生重大影响。公司的生产经营情况正常。 重要提示： 1、本次会议尚在表决过程中，会议表决结果存在不确定性，小贝大美控股 重整能否成功尚存在不确定性。重整进展可能导致其在公司的股东权益发生变动， 进而可能导 ...

证券代码：002570 证券简称：贝因美 公告编号：2026-011 贝因美股份有限公司 2026年第一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、变更、否决提案的情况； 3、现场会议地点：浙江省杭州市滨江区伟业路 1 号 10 幢公司会议室。 4、会议召集人：公司董事会。 2、本次股东会不涉及变更以往股东会决议。 一、会议召开和出席情况 （一）会议召开情况 1、贝因美股份有限公司（以下简称"公司"或"上市公司"）2026 年第一 次临时股东会会议通知于 2026 年 1 月 10 日以公告形式发出，本次会议采用现场 投票和网络投票相结合的方式召开。 2、会议召开的日期和时间 （1）现场会议时间：2026 年 1 月 26 日（周一）14:30。 （2）网络投票时间：2026 年 1 月 26 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 2026 年 1 月 26 日 9:15-9:25，9:30-11:30，13:00-15:00；通过互联网投票系统进行网络投票 的具体时间为 2 ...

上海东方华银律师事务 所 关于贝因美股份有限 公司 2026年第一次临时股东会的法律意见书 致：贝因美股份有限公司 上海东方华银律师事务所（以下简称"本所"）接受贝因美股份有限公司 （以下简称"贵司"或"公司"、"上市公司"）委托，就贵司召开2026年第 一次临时股东会的有关事宜，根据《中华人民共和国公司法》《上市公司股东 会规则》等法律、法规和其他规范性文件以及《贝因美股份有限公司章程》 （以下简称"《公司章程》"）的有关规定，出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的本次股东会的相关资料， 包括但不限于公司召开2026年第一次临时股东会的通知、公司2026年第一次临 时股东会的议程、议案及决议等文件资料。公司已向本所作出保证和承诺，保 证公司向本所提供的资料和文件均为真实、准确、完整，无重大遗漏。 本所律师仅就本法律意见书出具日以前所发生的事实以及本所律师对有关 法律法规的理解发表法律意见。 本法律意见书仅供公司为本次股东会之目的使用，不得用于其他任何目的。 本所同意本法律意见书作为公司本次股东会公告材料，随其他资料一起向社会 公众披露，并依法承担相关的法律责任。 本所律师根据法律法 ...

Market Overview - The beverage and dairy sector experienced a decline of 0.18% on January 23, with Miaokelan leading the drop [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Stock Performance - Notable gainers in the beverage and dairy sector included: - Quanyangquan (code: 681009) with a closing price of 8.37, up 2.45% and a trading volume of 419,500 shares, totaling 351 million yuan [1] - Huanlejia (code: 300997) closed at 24.80, up 2.31% with a trading volume of 98,400 shares, totaling 242 million yuan [1] - Qiaoyuan Beverage (code: 603156) closed at 33.86, up 1.93% with a trading volume of 108,900 shares, totaling 364 million yuan [1] - Conversely, the following stocks saw declines: - Miaokelan (code: 600882) closed at 23.75, down 3.34% with a trading volume of 153,200 shares, totaling 368 million yuan [2] - Weiweijia (code: 600300) closed at 3.71, down 2.11% with a trading volume of 665,200 shares, totaling 248 million yuan [2] - New Dairy (code: 002946) closed at 19.19, down 1.34% with a trading volume of 45,200 shares, totaling 86.94 million yuan [2] Capital Flow - The beverage and dairy sector saw a net outflow of 141 million yuan from institutional investors, while retail investors contributed a net inflow of 229 million yuan [2] - Detailed capital flow for selected stocks includes: - Yili Group (code: 600887) with a net inflow of 1.10 billion yuan from institutional investors, but a net outflow of 162.69 million yuan from retail investors [3] - Huangshi Group (code: 002329) had a net inflow of 13.98 million yuan from institutional investors, with a net outflow of 5.66 million yuan from retail investors [3] - Liziyuan (code: 605337) saw a net inflow of 8.75 million yuan from institutional investors, with a net outflow of 1.70 million yuan from retail investors [3]

Market Overview - The Shanghai Composite Index rose by 0.08% on January 21, with 18 out of the 28 sectors experiencing gains. The top-performing sectors were non-ferrous metals and electronics, with increases of 2.79% and 2.62% respectively [1] - The banking and coal sectors saw the largest declines, with drops of 1.58% and 1.57% respectively [1] Capital Flow Analysis - The net inflow of capital in the two markets was 11.983 billion yuan, with 14 sectors receiving net inflows. The electronics sector led with a net inflow of 16.369 billion yuan, while the non-ferrous metals sector followed with a net inflow of 7.289 billion yuan [1] - Conversely, 17 sectors experienced net outflows, with the power equipment sector seeing the largest outflow of 6.688 billion yuan, followed by the defense and military sector with an outflow of 2.906 billion yuan [1] Food and Beverage Sector Performance - The food and beverage sector declined by 1.53%, with a net outflow of 2.416 billion yuan. Out of 124 stocks in this sector, 23 rose while 97 fell, including one stock that hit the daily limit down [2] - The top three stocks with the highest net inflows in the food and beverage sector were "Hao Xiang Ni" with 61.106 million yuan, "*ST Chun Tian" with 12.8997 million yuan, and "Wei Zhi Xiang" with 12.7381 million yuan [2] - Major stocks with significant net outflows included Kweichow Moutai with 9.52 billion yuan, Wuliangye with 3.66 billion yuan, and Shanxi Fenjiu with 1.33 billion yuan [2][4] Food and Beverage Sector Capital Inflow and Outflow - The capital inflow leaderboard in the food and beverage sector included "Hao Xiang Ni" (+8.11%), "*ST Chun Tian" (+4.85%), and "Wei Zhi Xiang" (+1.43%) [2] - The capital outflow leaderboard featured Kweichow Moutai (-1.64%), Wuliangye (-1.77%), and Shanxi Fenjiu (-2.34%) [4]

Group 1 - The dairy sector experienced a decline of 0.95%, ranking among the top declines in concept sectors, with companies like Huanlejia, Nanjiao Foods, and Fucheng Co. leading the losses [1][2] - Among the dairy stocks, 7 companies saw price increases, with Ketaobiotech, Yiyaton, and Sunshine Dairy rising by 3.26%, 2.41%, and 2.02% respectively [1][2] Group 2 - The dairy sector faced a net outflow of 233 million yuan from major funds, with 20 stocks experiencing net outflows, and 6 stocks seeing outflows exceeding 10 million yuan [2] - The stock with the highest net outflow was Beiyinmei, with a net outflow of 94.1 million yuan, followed by Wancheng Group and Huanlejia with outflows of 72.1 million yuan and 66.7 million yuan respectively [2][3] - On the other hand, the stocks with the highest net inflows included Yiyaton, Jinjian Rice Industry, and Qiaqia Foods, with inflows of 40.2 million yuan, 11.2 million yuan, and 10.3 million yuan respectively [2][3]

Market Overview - The beverage and dairy sector experienced a decline of 1.55% on January 21, with Huanlejia leading the drop [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] Stock Performance - Key stocks in the beverage and dairy sector showed varied performance, with Sunshine Dairy rising by 2.02% to a closing price of 16.14, while Huanlejia fell by 11.25% to 23.90 [2][1] - Other notable performers included Yangyuan Beverage, which increased by 0.23% to 34.53, and several stocks like Xibumuyou and Qianyuan Group remained flat [1][2] Trading Volume and Capital Flow - The beverage and dairy sector saw a net outflow of 340 million yuan from institutional investors, while retail investors contributed a net inflow of 336 million yuan [2] - The trading volume for Huanlejia was significant, with 210,400 shares traded, resulting in a transaction value of 517 million yuan [2] Individual Stock Capital Flow - Yili Group had a net inflow of 25.78 million yuan from institutional investors, while it faced a net outflow of 15.84 million yuan from speculative funds [3] - Sunshine Dairy also saw a minor net inflow from speculative funds amounting to 4.32 million yuan, despite a net outflow from retail investors [3]

贝因美所属申万行业为：食品饮料-饮料乳品-乳品。所属概念板块包括：新零售、宠物经济、电子商 务、跨境电商、小盘等。 截至9月30日，贝因美股东户数14.79万，较上期增加3.24%；人均流通股7302股，较上期减少3.14%。 2025年1月-9月，贝因美实现营业收入20.33亿元，同比减少2.59%；归母净利润1.06亿元，同比增长 48.07%。 资金流向方面，主力资金净流出5165.69万元，特大单买入360.27万元，占比1.88%，卖出4447.21万元， 占比23.16%；大单买入2510.53万元，占比13.07%，卖出3589.29万元，占比18.69%。 贝因美今年以来股价涨1.47%，近5个交易日跌1.58%，近20日跌2.51%，近60日跌1.43%。 资料显示，贝因美股份有限公司位于浙江省杭州市滨江区伟业路1号10幢，成立日期1999年4月27日，上 市日期2011年4月12日，公司主营业务涉及从事婴幼儿食品、奶基营养品的研发、生产和销售。主营业 务收入构成为：奶粉类89.20%，其他(补充)4.69%，米粉类3.54%，用品类1.71%，其他类0.86%。 1月21日，贝因美（维权） ...