Group 1: Company Overview and Strategy - The company aims to strengthen and expand Tianyoude Qingke Wine, leveraging the unique advantages of the Qinghai-Tibet Plateau [1][2] - The company is committed to long-term development and has a strategic focus on integrating wine, culture, and tourism [3][4] - The goal is to become a leading enterprise in the domestic liquor industry, with a target stock price of 300 RMB [2][3] Group 2: Impact of COVID-19 - The pandemic has significantly affected the company, but it is focusing on strengthening its fundamentals during this period [2][3] - The company anticipates an increase in tourism post-pandemic, which will benefit its operations [2][3] Group 3: Financial Performance and Stock Issues - The company reported a turnaround in 2021, with net profit turning positive compared to 2020 [11][12] - The stock price has been under pressure, dropping from 28 RMB to 17 RMB, raising concerns among investors [11][12] - The company is addressing stock price concerns and is focused on improving operational performance [11][12] Group 4: Government Support and Policies - The provincial government has implemented several initiatives to support the development of the Qingke industry, including the "Qingke Wine Revitalization Plan" [2][3] - The company is aligned with government policies aimed at promoting high-quality development in the region [2][3] Group 5: Marketing and Sales Strategy - The company is gradually expanding its market presence from the Northwest to nationwide, focusing on regions with a strong foundation for Qingke liquor [12][14] - The marketing strategy includes enhancing brand awareness and exploring new sales channels, including online platforms [12][14] Group 6: Product Development and Innovation - The company is committed to diversifying its product offerings, including health-oriented Qingke products and low-alcohol options [14] - There is a focus on maintaining quality standards in line with new national regulations for liquor production [14]

Group 1: Company Overview and Market Position - Tianyoude Qingke Liquor is one of the two listed companies producing Qingke liquor, with a primary market in Qinghai Province, accounting for 75% of sales [3] - The main brand, Tianyoude, holds a market share of 65% within the company [3] - In 2021, the company reported a revenue of CNY 1.054 billion and a net profit of CNY 63.2248 million, marking a significant improvement from the previous year [3] Group 2: Product Strategy and Market Development - The company aims to enhance its marketing transformation and product structure, focusing on high-end products priced above CNY 1,000 and next-high-end products priced around CNY 500 [4][6] - In Q1 2022, products priced above CNY 100 accounted for 45% of sales, indicating a shift towards higher-value offerings [3] - The company plans to leverage real vintage certification to enhance the value of its core product series, Guozhide [3][7] Group 3: Financial Management and Cost Control - The company has adopted the "Amoeba Management Model" to improve efficiency, focusing on cost control and shifting fixed costs to variable costs [5] - In 2021, the sales expense ratio significantly decreased due to these management strategies [5] Group 4: Market Expansion and Competitive Landscape - The company is strategically expanding into the Gansu market, which has a population of over 20 million, compared to Qinghai's 6 million [9] - The competitive landscape includes both regional liquor companies and well-known national brands, particularly in the CNY 200 price range [6][11] - The company aims to strengthen its market position in Gansu while maintaining a focus on its core market in Qinghai [9][11] Group 5: Future Outlook and Strategic Goals - The company is focused on long-term growth, aiming to establish a strong presence in the Qinghai-Tibet Plateau and expand nationally [12] - Future strategies include enhancing brand value through cultural integration and product innovation, particularly in the high-end segment [14] - The company recognizes the need to adapt to market changes and consumer preferences, especially in light of the ongoing pandemic [7][10]

证券代码： 002646 证券简称：天佑德酒 青海互助天佑德青稞酒股份有限公司 投资者关系活动记录表 编号：2022-004 | --- | --- | --- | --- | |-------------------------|-------------------------------------------------------|--------------------------------------------------------------|--------------------------------------| | | | | | | 投资者关系活动类 | □ 特定对象调研 | □ 分析师会议 | | | 别 | □ 媒体采访 | √ 业绩说明会 | | | | □ 新闻发布会 | □ 路演活动 | | | | □ 现场参观 | | | | | □ 其他 | （请文字说明其他活动内容） | | | 参与单位名称及人 员姓名 | 通过全景网参与公司" 2021 年度业绩说明会"的投资者 | 2022 | 年青海辖区上市公司投资者集体接待日暨 | | | | | | | 时间 | ...

Financial Performance - Revenue for Q3 2022 was CNY 194,936,800.39, a decrease of 23.25% compared to the same period last year[7] - Net profit attributable to shareholders was CNY 338,594.51, down 96.67% year-on-year[7] - Net profit excluding non-recurring items was CNY -3,805,362.26, a decline of 164.29% compared to the previous year[7] - Total operating revenue for the third quarter was ¥790,288,985.53, a decrease of 5.15% from ¥833,069,163.74 in the previous year[31] - Total operating costs amounted to ¥671,913,042.41, down 8.38% from ¥733,363,199.73 year-over-year[31] - Net profit for the period reached ¥98,404,984.55, an increase of 19.5% compared to ¥82,351,582.30 in the same period last year[33] - Earnings per share (EPS) for the quarter was ¥0.2112, up from ¥0.1806 in the previous year[33] - The total comprehensive income for the period was ¥93,338,701.87, compared to ¥82,516,325.58 in the previous year[33] Cash Flow - Cash flow from operating activities was CNY 2,973,393.80, a significant drop of 96.99% year-on-year[7] - Operating cash inflow for the current period was $904,304,059.78, a decrease of 7.2% from $974,987,141.10 in the previous period[37] - Net cash flow from operating activities was $2,973,393.80, significantly down from $98,779,359.45 in the previous period[37] - Cash inflow from investment activities totaled $233,416,420.03, compared to $1,920,000.00 in the previous period[37] - Net cash flow from investment activities was $52,254,834.15, recovering from a negative $53,028,653.45 in the previous period[37] - Cash inflow from financing activities was $4,401,213.79, a sharp decline from $408,334,597.55 in the previous period[40] - Net cash flow from financing activities was negative $79,211,977.73, compared to a positive $268,832,384.15 in the previous period[40] - The ending cash and cash equivalents balance was $524,460,716.23, down from $561,746,042.63 in the previous period[40] - Cash received from investment recovery was $230,000,000.00, with no amount reported in the previous period[37] - Cash paid for fixed assets and intangible assets was $44,614,345.88, a decrease from $53,358,653.45 in the previous period[37] - The impact of exchange rate changes on cash and cash equivalents was $1,047,319.41, compared to a negative impact of $55,813.45 in the previous period[40] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,152,637,866.19, a decrease of 2.17% from the end of the previous year[7] - The company reported a total liability of ¥387,256,532.28, a decrease from ¥526,953,133.97 year-over-year[28] - The total equity attributable to shareholders increased to ¥2,786,655,957.01 from ¥2,715,528,306.28 in the previous year[28] - Shareholders' equity attributable to the parent company increased by 2.62% to CNY 2,786,655,957.01 compared to the end of last year[7] Shareholder Information - The total number of common shareholders at the end of the reporting period is 57,545[17] - The largest shareholder, Qinghai Huashi Technology Investment Management Co., Ltd., holds 45.65% of shares, totaling 215,710,140 shares[17] - The company has a total of 10 major shareholders, with the top 10 holding significant portions of the shares[20] - The company has not disclosed any related party relationships among the top shareholders[20] Inventory and Receivables - Inventory as of September 30, 2022, is ¥1,164,234,121.54, an increase from ¥1,100,209,809.12 at the beginning of the year[24] - The company reported a decrease in accounts receivable from ¥21,164,036.26 to ¥16,316,447.74 during the reporting period[24] Investment Income - Investment income surged by 6,415.83% to CNY 2,384,999.35 due to recognition of financial product investment income[13] - Cash flow from investing activities was CNY 52,254,834.15, a turnaround from a negative CNY -53,028,653.45 in the same period last year[16] - The company reported a significant increase in cash flow from foreign exchange effects, amounting to CNY 1,047,319.41, up 1976.46% year-on-year[16] Share Reduction Plans - The company plans to reduce shares by up to 9,451,259.48 shares, representing 2% of the total share capital[21] - The controlling shareholder has completed a reduction of 4,689,400 shares, accounting for 0.99% of the total share capital[21] Research and Development - Research and development expenses were ¥9,280,057.09, slightly down from ¥9,334,890.13 year-over-year[31]

青海互助天佑德青稞酒股份有限公司 2022 年半年度报告全文 | --- | --- | --- | --- | |-------|-------|--------------------------------------------------------------------------------|-------| | | | | | | | | | | | | | | | | | | | | | | | 夫祝天佑德建厂 青海互助天佑德青稞酒股份有限公司 2022年半年度报告 天佑德 青稞酒 | | | | | | | | | | | | 2022年8月26日 l 青海互助天佑德青稞酒股份有限公司 2022 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容 的真实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担 个别和连带的法律责任。 公司负责人李银会、主管会计工作负责人郭春光及会计机构负责人(会计 主管人员)杨翠玉声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司不存在对生 ...

青海互助天佑德青稞酒股份有限公司 2022 年第一季度报告全文 证券代码：002646 证券简称：天佑德酒 公告编号：2022-021 青海互助天佑德青稞酒股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗 漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | |-----------------------------------------------------|------------------|------------------|---------------------------| | | 本报告期 | ...

Financial Performance - The company reported a total revenue of 472,562,974 RMB for the year 2021, with a cash dividend of 0.50 RMB per 10 shares distributed to shareholders[7]. - The company's operating revenue for 2021 was ¥1,054,137,858.86, representing a 38.00% increase compared to ¥763,844,855.60 in 2020[28]. - The net profit attributable to shareholders for 2021 was ¥63,224,775.60, a significant turnaround from a loss of ¥115,093,724.62 in 2020, marking a 154.93% increase[28]. - The net cash flow from operating activities reached ¥70,621,823.15 in 2021, a 189.65% increase from a negative cash flow of ¥78,777,630.11 in 2020[28]. - The total assets at the end of 2021 were ¥3,222,623,914.71, which is a 21.05% increase from ¥2,662,221,891.27 at the end of 2020[28]. - The company reported a basic earnings per share of ¥0.1376 for 2021, compared to a loss of ¥0.2558 in 2020, indicating a 153.79% increase[28]. - The weighted average return on net assets improved to 2.59% in 2021 from -4.99% in 2020, an increase of 7.58%[28]. - The total profit for 2021 was CNY 92.39 million, with a net profit attributable to shareholders of CNY 63.22 million[65]. - The company's total operating revenue for 2021 reached ¥1,054,137,858.86, representing a 38.00% increase compared to ¥763,844,855.60 in 2020[72]. Market and Product Development - The company plans to expand its product offerings and enhance its market presence through the development of new products and technologies, particularly in the barley wine segment[42]. - The company is leveraging internet tools to enhance its traditional business model, aiming to create a new retail model that integrates online and offline operations[44]. - The company is focusing on brand building and product value enhancement, particularly through the promotion of true vintage products and the "70th anniversary of factory establishment" campaign[48]. - The company is expanding its market presence in strategic areas such as Beijing, Gansu, and Henan, while enhancing core terminal construction and group purchase channel development[48]. - The company plans to expand its market presence through e-commerce platforms such as JD.com and Tmall, enhancing direct sales channels[57]. - The company aims to enhance the brand value of Qingke liquor through ecological diversity research and the establishment of a microbial information database[99]. - The company is committed to promoting the sustainable development of the Qingke liquor industry through innovative research and product quality enhancement[99]. - The company aims to develop new products that align with market demands, including vintage liquor and innovative storage methods[139]. Risk Management - The company has no significant adverse risk factors affecting its production, operation, financial status, or sustainable profitability[7]. - The company has outlined potential risks it may face in the future in the section discussing future development prospects[7]. - The ongoing COVID-19 pandemic poses risks to the dining and banquet market, but the company plans to strengthen online channels to mitigate sales impacts[141]. - The company anticipates market competition risks due to increasing concentration and differentiation in the liquor industry, with strategies to create differentiated product categories[141]. Governance and Compliance - The company is committed to ensuring the accuracy and completeness of its financial reports, as stated by its management[6]. - The company has established a performance evaluation and incentive mechanism for senior management, with assessments based on work capability and achievement of performance targets[153]. - The company has a complete governance structure, including a board of directors and supervisory board, ensuring compliance with legal regulations[160]. - The company has established strict management protocols for the raised funds, ensuring dedicated storage and supervision to guarantee proper usage[124]. - The company has fully achieved direct information disclosure, ensuring all shareholders receive information fairly and timely[155]. Research and Development - The total R&D investment for 2021 was approximately ¥21.07 million, a decrease of 37.93% from ¥33.95 million in 2020, representing 2.00% of operating revenue[105]. - The number of R&D personnel increased to 99 in 2021, up 5.32% from 94 in 2020, with a notable increase in master's degree holders by 50%[105]. - The company is conducting research on the health benefits of Qingke liquor, focusing on its effects on liver cell damage and establishing a high-throughput screening model[99]. - The company has made significant progress in the research of functional microorganisms in traditional Qingke liquor production, enhancing the overall quality[96]. Sales and Distribution - The revenue from self-owned brand Qingke liquor accounted for 97.45% of total revenue, with a significant increase in mid-to-high-end products, which generated ¥709,442,742.50, representing 75.02% of Qingke liquor revenue[50]. - The sales model includes both channel distribution and direct sales, with a focus on traditional retail terminals and direct sales through proprietary stores and online platforms[47]. - The company added 20 new distribution points in Qinghai, bringing the total to 79, while the total in other regions increased to 513 after adding 128 new points[54]. - The online direct sales revenue amounted to ¥33,000,293.58, with a year-on-year growth of 37.68%[57]. - The revenue from sales through distribution channels was ¥826,850,120.40, which is 78.44% of total revenue, reflecting a 43.79% increase from the previous year[75]. Employee and Management - Total remuneration for directors, supervisors, and senior management during the reporting period amounted to 4,243,400 CNY[193]. - The highest remuneration was received by the Vice Chairman, totaling 471,700 CNY[193]. - The remuneration decision process involves proposals from the remuneration and assessment committee, approved by the board and shareholders[193]. - The company has maintained a stable management team with no significant changes in the roles of directors and senior management[172].

Revenue and Profitability - Revenue for Q3 2021 reached ¥253,976,063.69, an increase of 32.05% year-over-year, and total revenue for the year-to-date was ¥833,069,163.74, up 52.50% compared to the same period last year[4]. - Net profit attributable to shareholders for Q3 2021 was ¥10,153,865.74, representing a 134.72% increase year-over-year, with year-to-date net profit at ¥85,366,065.66, up 232.74%[4]. - The basic earnings per share for Q3 2021 was ¥0.0215, a 133.08% increase compared to the same period last year, and year-to-date earnings per share was ¥0.1806, up 226.38%[4]. - Operating revenue increased by 52.50% to ¥833,069,163.74 compared to ¥546,276,017.74 in the same period last year, primarily due to effective control of the pandemic and increased product sales[11]. - Net profit reached ¥82,351,582.30, a 214.44% increase from a net loss of ¥71,959,586.65 in the previous year[11]. - The total profit amounted to ¥113,753,183.31, reflecting a 260.44% increase from a loss of ¥70,900,989.62 in the same period last year[11]. - Earnings per share (EPS) for the current period was ¥0.1806, compared to a loss per share of ¥0.1429 in the previous period[34]. - The company reported a total comprehensive income of ¥82,516,325.58, compared to a loss of ¥71,347,418.57 in the previous period[34]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥98,779,359.45, reflecting an increase of 183.70% compared to the same period last year[4]. - Cash flow from operating activities improved significantly, with a net cash flow of ¥98,779,359.45, compared to a negative cash flow of ¥118,019,687.30 last year, marking a 183.70% change[11]. - Cash flow from financing activities surged by 5695.33% to ¥268,832,384.15, primarily due to funds raised from a private placement of shares[11]. - The total cash and cash equivalents at the end of the period increased to 561,746,042.63, compared to 218,732,523.83 at the end of the previous period, showing a strong liquidity position[43]. - The company reported a cash inflow from other operating activities of 19,661,813.78, compared to 26,494,472.84 previously, suggesting a decline in certain operational revenues[40]. - The cash outflow for operating activities totaled 876,207,781.65, compared to 763,858,269.81 in the previous period, indicating increased operational costs[40]. Assets and Liabilities - Total assets as of September 30, 2021, were ¥3,020,754,503.88, a 13.47% increase from the end of the previous year, while equity attributable to shareholders increased by 21.84% to ¥2,735,882,431.48[6]. - The company reported a substantial increase in asset disposal gains, which rose by 2400.82% to ¥712,508.07, attributed to the disposal of certain farm assets by a wholly-owned subsidiary in the U.S.[11]. - The company’s total liabilities decreased from CNY 412.02 million to CNY 283.41 million, a reduction of about 31.2%[25]. - Total liabilities decreased to ¥303,440,047.76 from ¥432,398,095.54 in the previous period[28]. - The company's total assets were reported at CNY 2,662,221,891.27, showing a slight decrease from CNY 2,667,147,184.55[50]. Investments and Expenses - The company plans to continue expanding its Qingke industry park project, which has seen increased investment, contributing to the growth in construction in progress[8]. - Research and development expenses were ¥9,334,890.13, slightly down from ¥9,863,650.91 in the previous period[32]. - The company’s long-term borrowings increased by 254.87% to ¥3,473,274.97, attributed to new loans from a U.S. company[8]. - The company received government subsidies amounting to ¥4,809,831.46 during the reporting period, which are closely related to its normal business operations[7]. - The financial expenses decreased by 59.55% to ¥3,347,742.97, mainly due to reduced interest expenses and lower foreign exchange losses[11]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 73,442, indicating a broad shareholder base[11]. - The company issued 22,562,974 new shares, increasing the total share capital from 450 million to 472.56 million shares[18]. - The company plans to use CNY 60 million of the raised funds to increase capital in its wholly-owned subsidiary for marketing network construction projects[18].

青海互助青稞酒股份有限公司 2021 年半年度报告全文 | --- | --- | --- | --- | --- | --- | |-----------|-------|----------------------------|-------|-------|-------| | | | | | | | | | | 青海互助青稞酒股份有限公司 | | | | | | | 2021年半年度报告 そ | | | | | | | | | | | | | | | | | | | | | | | vicen | | | 2021年8月 | | | | | | 青海互助青稞酒股份有限公司 2021 年半年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人李银会、主管会计工作负责人郭春光及会计机构负责人(会计主 管人员)杨翠玉声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 | --- | |------------- ...

青海互助青稞酒股份有限公司 2020 年年度报告全文 青海互助青稞酒股份有限公司 2020 年年度报告 2021 年 04 月 1 青海互助青稞酒股份有限公司 2020 年年度报告全文 | --- | --- | --- | --- | --- | --- | --- | |-----------|----------------------------|-------|-------|-------|----------------|-------| | | 青海互助青稞酒股份有限公司 | | | | | | | | そ | | | | 2020年年度报告 | | | | | | | | | | | | | | | | | | | | | | | | | | | 2021年4月 | | | | | | | 2 青海互助青稞酒股份有限公司 2020 年年度报告全文 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连 带的法律责任。 公司负责人李银会、主管会计工作负责人郭春光及会计机构负责人(会计主 ...