证券代码：002570 证券简称：贝因美 公告编号：2026-001 一、回购股份的进展情况 截至 2025 年 12 月 31 日，公司通过股份回购专用证券账户以集中竞价交易 方式累计回购公司股份 17,730,254 股，占公司总股本的 1.6416%，最高成交价为 7.21 元/股，最低成交价为 6.01 元/股，成交总金额为 111,728,763.92 元（不含交 易费用）。 公司股份回购的实施符合公司回购方案及相关法律法规的要求。 二、其它说明 公司回购股份的时间、回购股份价格及集中竞价交易的委托时间段符合《上 贝因美股份有限公司 关于回购公司股份的进展公告 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。 贝因美股份有限公司（以下简称"公司"）于 2025 年 4 月 29 日召开的第九 届董事会第九次会议审议通过了《关于回购公司股份方案的议案》，公司拟以集 中竞价交易方式回购公司 A 股股票，用于公司未来实施的股权激励或员工持股 计划。本次回购金额不超过人民币 3 亿元（含），不低于人民币 1.5 亿元（含）， 回购价格不超过 9.06 元/股（ ...

Core Viewpoint - The company plans to repurchase A-shares through centralized bidding, with a total amount ranging from 150 million to 300 million yuan, aimed at employee stock ownership plans or equity incentives [1] Group 1: Repurchase Details - The repurchase price will not exceed 9.06 yuan per share, with an expected total of 33.11 million shares to be repurchased, accounting for 3.07% of the total share capital [1] - As of the end of 2025, the company has cumulatively repurchased 17.73 million shares, representing 1.6416% of the total share capital, with a total transaction amount of 112 million yuan [1] - The highest transaction price recorded was 7.21 yuan per share, while the lowest was 6.01 yuan per share [1] Group 2: Future Plans - The company will continue to implement the repurchase plan and will disclose information in a timely manner [1]

Group 1 - On December 29, Beiyinmei's stock price decreased by 0.97%, with a trading volume of 171 million yuan [1] - The financing data shows that on the same day, Beiyinmei had a financing purchase amount of 14.6555 million yuan and a financing repayment of 17.7085 million yuan, resulting in a net financing buy of -3.0530 million yuan [1] - As of December 29, the total balance of margin trading for Beiyinmei was 352 million yuan, accounting for 5.33% of its circulating market value, which is above the 50th percentile level over the past year [1] Group 2 - As of September 30, Beiyinmei had 147,900 shareholders, an increase of 3.24% compared to the previous period [2] - For the period from January to September 2025, Beiyinmei achieved an operating income of 2.033 billion yuan, a year-on-year decrease of 2.59%, while the net profit attributable to shareholders increased by 48.07% to 106 million yuan [2] - Beiyinmei has distributed a total of 961 million yuan in dividends since its A-share listing, with no dividends distributed in the last three years [2]

Group 1 - The dairy sector has seen a rise of 3.73%, ranking second among concept sectors, with 34 stocks increasing in value, including Zhuangyuan Pasture which hit the daily limit, and Huanlejia, Qishi Dairy, and Xibu Dairy with increases of 15.90%, 6.42%, and 6.25% respectively [1][2] - The dairy sector attracted a net inflow of 355 million yuan from main funds today, with 23 stocks receiving net inflows, and 5 stocks exceeding 30 million yuan in net inflow, led by Huanlejia with a net inflow of 129 million yuan [2][3] - The top stocks by net inflow ratio include Yisheng Co., Yiyaton, and Huanlejia, with net inflow ratios of 13.68%, 10.97%, and 10.65% respectively [3][4] Group 2 - The dairy sector's inflow ranking shows Huanlejia leading with a daily increase of 15.90% and a turnover rate of 9.98%, followed by Beiyinmei with a 3.23% increase and a turnover rate of 10.27% [3][4] - Other notable stocks include Zhuangyuan Pasture with a 9.99% increase and a turnover rate of 25.09%, and Sanyuan Co. with a 3.39% increase and a turnover rate of 6.32% [3][4] - Stocks such as Yili Co. and Jinyuan Rice also saw increases of 0.72% and 3.73% respectively, with net inflows of 328.74 million yuan and 647.99 million yuan [4][5]

Group 1 - The core viewpoint of the news is that Beiyinmei's stock has shown significant fluctuations, with a year-to-date increase of 50.12% and a recent rise of 2.10% on December 19, reaching a price of 6.32 yuan per share [1] - As of September 30, Beiyinmei reported a revenue of 2.033 billion yuan for the first nine months of 2025, a year-on-year decrease of 2.59%, while the net profit attributable to shareholders increased by 48.07% to 106 million yuan [2] - The company has a market capitalization of 6.826 billion yuan and has seen a net inflow of main funds amounting to 5.5775 million yuan on December 19 [1] Group 2 - Beiyinmei's main business revenue composition includes 89.20% from milk powder, 4.69% from other supplements, 3.54% from rice flour, 1.71% from supplies, and 0.86% from other categories [1] - The company has not distributed any dividends in the last three years, with a total payout of 9.61 billion yuan since its A-share listing [3] - As of September 30, the number of shareholders increased by 3.24% to 147,900, with an average of 7,302 circulating shares per person, a decrease of 3.14% [2]

Core Viewpoint - Beiyinmei's stock price has shown significant fluctuations, with a year-to-date increase of 49.64% and recent trading activity indicating a mix of buying and selling pressure [2]. Group 1: Stock Performance - As of December 18, Beiyinmei's stock price rose by 2.11% to 6.30 CNY per share, with a trading volume of 1.40 billion CNY and a market capitalization of 68.04 billion CNY [1]. - The stock has increased by 3.79% over the last five trading days and decreased by 6.94% over the last 60 days [2]. Group 2: Financial Performance - For the period from January to September 2025, Beiyinmei reported a revenue of 20.33 billion CNY, a year-on-year decrease of 2.59%, while the net profit attributable to shareholders increased by 48.07% to 1.06 billion CNY [2]. - The company has distributed a total of 9.61 billion CNY in dividends since its A-share listing, with no dividends paid in the last three years [3]. Group 3: Shareholder Information - As of September 30, 2025, Beiyinmei had 147,900 shareholders, an increase of 3.24% from the previous period, with an average of 7,302 circulating shares per shareholder, a decrease of 3.14% [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited and Tianhong Zhongzheng Food and Beverage ETF, with both increasing their holdings [3].

Group 1 - The beverage and dairy sector increased by 0.75% on December 17, with Zhuangyuan Pasture leading the gains [1] - The Shanghai Composite Index closed at 3870.28, up 1.19%, while the Shenzhen Component Index closed at 13224.51, up 2.4% [1] - Zhuangyuan Pasture's stock price rose by 10.05% to 11.28, with a trading volume of 174,000 shares and a transaction value of 191 million yuan [1] Group 2 - The beverage and dairy sector saw a net outflow of 26.73 million yuan from institutional funds, while retail investors experienced a net outflow of 104 million yuan [2] - The stock of Huangshi Group fell by 10.04% to 4.12, with a trading volume of 1.7865 million shares and a transaction value of 765 million yuan [2] - The stock of Beiningmei decreased by 2.22% to 6.17, with a trading volume of 805,400 shares and a transaction value of 498 million yuan [2]

Core Insights - The food and beverage industry experienced a slight decline of 0.02% on December 16, with a net inflow of funds amounting to 302 million yuan [1] - Among the 124 stocks in the industry, 58 stocks rose, with 3 hitting the daily limit up, while 60 stocks fell, including 2 hitting the daily limit down [1] - The top net inflow stocks included Hei Zhima with 317 million yuan, followed by Anji Food and Huangshi Group with 309 million yuan and 65.43 million yuan respectively [1] Fund Inflow Summary - The top inflow stocks in the food and beverage sector included: - Hei Zhima: 10.05% increase, 10.83% turnover rate, 316.64 million yuan net inflow [1] - Anji Food: 10.01% increase, 23.87% turnover rate, 308.90 million yuan net inflow [1] - Huangshi Group: 10.10% increase, 6.79% turnover rate, 65.43 million yuan net inflow [1] Fund Outflow Summary - The top outflow stocks in the food and beverage sector included: - Bei Yin Mei: 1.41% decrease, 9.93% turnover rate, 50.93 million yuan net outflow [2] - Lianhua Holdings: 0.34% increase, 9.57% turnover rate, 43.76 million yuan net outflow [2] - Jinzi Ham: 4.16% decrease, 3.73% turnover rate, 34.25 million yuan net outflow [2]

Group 1 - The A-share market saw a significant rise in the baby and child concept stocks, particularly in the dairy sector, with companies like Huangshi Group, Junyao Health, Nanjiao Food, and Sunshine Dairy hitting the daily limit up [1] - The catalyst for this market movement was the announcement from the National Medical Insurance Administration during the national medical security work conference on December 13, aiming for "no out-of-pocket" expenses for childbirth by 2026 [2][3] - The government is implementing a series of supportive policies for childbirth, including extended maternity leave, child-rearing subsidies, and educational support, indicating a strong commitment to creating a family-friendly environment [3][4] Group 2 - The birth rate in China is projected to see fluctuations, with an expected increase in 2024 to 9.54 million births, the first rise since 2017, although the overall population continues to decline [6] - The central economic work conference emphasized stabilizing the birth population scale, marking a shift in focus towards specific population targets, which may lead to more aggressive fertility policies [4][7] - Analysts suggest that the new policies will directly benefit sectors such as assisted reproduction and maternal healthcare, while also positively impacting the mother and baby consumption industry, including retail and food sectors [7]

截至12月15日收盘，乳业概念上涨4.00%，位居概念板块涨幅第1，板块内，32股上涨，欢乐家20%涨 停，皇氏集团、均瑶健康、南侨食品等涨停，骑士乳业、三元股份、贝因美等涨幅居前，分别上涨 8.86%、5.36%、5.26%。 今日涨跌幅居前的概念板块 | 概念 | 今日涨跌幅（%） | 概念 | 今日涨跌幅（%） | | --- | --- | --- | --- | | 乳业 | 4.00 | AI手机 | -2.55 | | 啤酒概念 | 1.70 | 光纤概念 | -2.22 | | 特钢概念 | 1.51 | 共封装光学(CPO) | -2.21 | | 广东自贸区 | 1.41 | 同花顺果指数 | -2.08 | | 冷链物流 | 1.32 | 汽车芯片 | -2.04 | | 白酒概念 | 1.26 | 重组蛋白 | -2.03 | | 预制菜 | 1.22 | F5G概念 | -1.98 | | 光刻胶 | 1.21 | AI眼镜 | -1.85 | | 猪肉 | 1.14 | AI PC | -1.82 | | 免税店 | 1.13 | Sora概念(文生视频) | -1.78 | 资金 ...