证券代码：002661 证券简称：克明食品 公告编号：2025-041 陈克明食品股份有限公司 本公司及监事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 一、职工代表监事辞任情况 三、备案文件 特此公告。 陈克明食品股份有限公司 陈克明食品股份有限公司（以下简称"公司"）监事会和职工代表大会于近 日收到公司职工代表监事邹哲遂先生的书面辞任报告。因工作调整，邹哲遂先生 申请辞任公司第六届监事会职工代表监事职务。辞任后，邹哲遂先生将继续在公 司任职。 邹哲遂先生的辞任将导致公司监事会职工代表人数少于监事会成员的三分 之一，根据《公司法》《公司章程》的相关规定，其辞任报告将在公司职工代表 大会补选出新的职工代表监事之日起生效。 截止本公告日，邹哲遂先生未持有公司股票，亦不存在应当履行而未履行的 承诺事项。 在此，公司及监事会谨向邹哲遂先生在任职期间对公司发展所作出的贡献表 示诚挚感谢！ 二、职工代表监事补选情况 为保证公司监事会正常运作，根据《公司法》《公司章程》《监事会议事规 则》等有关规定，公司于 2025 年 3 月 27 日召开了职工代表大会，经与会职工代 表决议，同意补 ...

证券代码：002661 证券简称：克明食品 公告编号：2025-041 陈克明食品股份有限公司 关于变更职工代表监事的公告 本公司及监事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 一、职工代表监事辞任情况 陈克明食品股份有限公司（以下简称"公司"）监事会和职工代表大会于近 日收到公司职工代表监事邹哲遂先生的书面辞任报告。因工作调整，邹哲遂先生 申请辞任公司第六届监事会职工代表监事职务。辞任后，邹哲遂先生将继续在公 司任职。 邹哲遂先生的辞任将导致公司监事会职工代表人数少于监事会成员的三分 之一，根据《公司法》《公司章程》的相关规定，其辞任报告将在公司职工代表 大会补选出新的职工代表监事之日起生效。 截止本公告日，邹哲遂先生未持有公司股票，亦不存在应当履行而未履行的 承诺事项。 1、辞任报告； 2、职工代表大会决议。 附件： 第六届职工代表监事简历 刘洋，男，中国国籍，无境外居留权，1984 年 1 月出生，大专学历，中级 会计师、中级审计师。2009 年 3 月至 2011 年 12 月任职湖南华良集团有限公司 成本主管、审计主管职务；2011 年 12 月至今，在陈克明 ...

克明食品: 关于控股股东及其一致行动人持股比例 被动触及1%整数倍的提示性公告 证券代码：002661 证券简称：克明食品 公告编号：2025-040 陈克明食品股份有限公司 关于控股股东及其一致行动人持股比例被动触及1%整数倍 | 股票简称 | | | | | | | | | | | | | | | | | | | | | | | 002661 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 变动类型 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 增加□ 减少□ | | | | | | | | | | | | | | | | | | | | | | | | | | | ...

证券代码：002661 证券简称：克明食品 公告编号：2025-040 陈克明食品股份有限公司 关于控股股东及其一致行动人持股比例被动触及1%整数倍 的提示性公告 根据《上市公司收购管理办法》和《证券期货法律适用意见第 19 号——< 上市公司收购管理办法>第十三条、第十四条的适用意见》规定，因公司实施回 购注销的原因，公司总股本由 343,834,842 股变动至 333,137,742 股。本次权益 变动后在控股股东及其一致行动人合计持股数量不变的情况下，持股比例由 35.184%变动为 36.314%，被动触及 1%的整数倍。现将具体情况公告如下： | 1．基本情况 | | | | | --- | --- | --- | --- | | 信息披露义务人 | 1 | 湖南克明食品集团有限公司 | | | 住所 | | 湖南省益阳市南县南洲镇南洲中路（北） | | | 信息披露义务人 | 2 | 南县中香泰食品有限公司 | | | 住所 | | 湖南省益阳市南县南洲镇南洲东路 792 | 号 2 楼 202 室 | | 信息披露义务人 | 3 | 南县中辉泰食品有限公司 | | | 住所 | | 湖南省益阳 ...

Core Viewpoint - The company, Kemin Foods, reported a significant recovery in net profit for 2024, achieving 146 million yuan compared to a loss of over 60 million yuan in the previous year, primarily due to rising pig prices. However, the company still faces challenges in its pig farming business, which continues to incur losses, and its aggressive dividend plan has raised concerns given its financial pressures [1][3][4]. Group 1: Financial Performance - Kemin Foods achieved a net profit of 146 million yuan in 2024, marking a more than threefold increase from the previous year's loss of over 60 million yuan [1]. - The company's revenue for 2024 was 4.567 billion yuan, a decrease of 11.91% year-on-year, marking the second annual revenue decline in its history [3]. - Despite the overall recovery in the pig farming industry, Kemin's pig farming business reported a loss of approximately 94.7 million yuan in 2024, with a revenue of 784 million yuan from its subsidiary, Xingjiang Muge [3][4]. Group 2: Dividend and Financial Pressure - Kemin Foods proposed a cash dividend of 156 million yuan, exceeding its net profit of 146 million yuan, which has been deemed overly aggressive given its financial situation [1][4]. - The company's cash reserves stood at 357 million yuan against interest-bearing liabilities of over 2.406 billion yuan, indicating significant debt pressure [4]. - The total amount for dividends and share buybacks in 2024 reached 292 million yuan, accounting for 199.90% of the net profit, raising questions about the sustainability of such financial strategies [4]. Group 3: Management Changes - The company's chairman and general manager, Chen Hong, received a salary increase from 439,200 yuan to 699,300 yuan in 2024, raising eyebrows due to the significant jump in compensation within a year of taking over the role [4]. - Chen Hong's sister, Chen Hui, also saw her salary rise to 580,000 yuan in 2024, which is an increase of 80,000 yuan since 2020 [4].

Investment Rating - The report maintains a "Buy" investment rating for the company [8]. Core Views - The company has turned its profit around, achieving a net profit of 1.46 billion yuan in 2024, compared to a loss of 0.66 billion yuan in 2023, despite a 12% decrease in revenue to 45.67 billion yuan [2]. - The company is focusing on brand cultivation and has seen a stabilization and recovery in its pig farming business, with a 3% increase in pig sales in early 2025 [3]. Summary by Sections Financial Performance - In 2024, the company reported a revenue of 45.67 billion yuan, down 12% year-on-year, primarily due to reduced pig sales from factory cleaning. The net profit was 1.46 billion yuan, a significant recovery from a loss of 0.66 billion yuan in 2023. The fourth quarter of 2024 saw a revenue of 10.92 billion yuan, a 13% decrease, with a net loss of 0.09 billion yuan [2]. - The gross margin improved by 8 percentage points to 20.87% in Q4 2024, driven by rising pig prices and falling wheat prices [2]. Business Strategy - The company is enhancing its product strategy, focusing on high-end soft and elastic noodle products, with a target to create a billion-yuan product in 2025. The revenue from instant food increased by 4% to 3.27 billion yuan in 2024 [3]. - The pig farming and slaughtering revenue decreased by 24% and 15% respectively, but early 2025 sales showed a recovery trend with 7.05 thousand pigs sold, a 3% increase [3]. Earnings Forecast - The company is expected to see earnings per share (EPS) of 0.48 yuan, 0.54 yuan, and 0.64 yuan for 2025, 2026, and 2027 respectively, with a projected net profit growth rate of 12.8% in 2025 [4][10]. - The forecasted revenue for 2025 is 46.57 billion yuan, reflecting a 2% growth from 2024 [10]. Market Position - The company is actively reforming its distribution channels to improve efficiency, focusing on direct consumer engagement and expanding into new market segments [3]. - The current stock price is 10.07 yuan, with a total market capitalization of 35 billion yuan [4].

证券代码：002661 证券简称：克明食 陈克明食品股份有限公司 投资者关系活动记录表 | | ☐特定对象调研 ☐分析师会议 | | --- | --- | | | ☐媒体采访 业绩说明会 | | 投资者关系活动类别 | ☐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 | 线上参与本次会议的全体投资者 | | 名 | | | 时间 | 2025年03月24日 15:00-17:00 | | 地点 | 价值在线（https://www.ir-online.cn/）网络互动 | | 上市公司接待人员姓名 | 董事长兼总经理 陈宏 | | | 财务总监 李锐 | | | 独立董事 赵宪武 | | | 董事兼董事会秘书 陈燕 | | | 1.公司2亿元回购还剩一点点额度，为什么还不实 施啊？本次实施完毕还会继续有回购计划吗 | | | 答:您好！公司回购股份的实施符合相关法律、法规 | | | 和规范性文件的要求，符合既定的回购方案，后续将在 | | 投资者关系活动主要内 | 回购期限内结合市场等情况持续推进回购工作，具体进 | | 容介 ...

陈克明食品股份有限公司 关于回购股份注销完成暨股份变动的公告 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。 重要提示： 1、陈克明食品股份有限公司（以下简称"公司"）本次注销存放于回购专 用证券账户的 10,697,100 股回购股份，占注销前公司总股本的 3.11%。本次回 购股份注销完成后，公司总股本由 343,834,842 股变更为 333,137,742 股。 2、经中国证券登记结算有限责任公司深圳分公司审核确认，公司本次回购 股份注销事宜于 2024 年 3 月 21 日办理完成。 一、公司股份回购情况 1、公司于 2021 年 7 月 14 日召开的第五届董事会第二十次会议、2021 年 7 月 30 日召开的 2021 年第三次临时股东大会，审议通过了《关于回购公司股份方 案的议案》,同意使用自有资金以集中竞价交易的方式回购公司股份，回购股份 资金总额不低于人民币 6,000 万元（含本数）且不超过人民币 12,000 万元（含 本数），回购价不超过人民币 16.00 元/股（含本数），回购期限自股东会审议 通过回购股份方案之日起不超过 12 ...

Core Viewpoint - Kemin Food has turned a profit after a loss in the previous year, but its aggressive dividend plan has raised concerns given its significant debt burden and ongoing financial pressures [1][5][15]. Financial Performance - In 2024, Kemin Food reported revenue of 4.567 billion yuan, a decline of over 10% year-on-year [1][3]. - The net profit attributable to shareholders was 146 million yuan, a turnaround from a loss of over 60 million yuan the previous year, marking a year-on-year growth of 322.3% [1][5]. - The company has experienced a decline in revenue for two consecutive years, with a notable drop of 14.42% in 2023 [4][5]. Business Segments - Kemin Food's entry into the pig farming sector in 2023 led to initial losses, but the reduction in losses in 2024 was attributed to rising pig prices [1][6][7]. - Despite the overall profit, the pig farming business remains unprofitable, with the subsidiary Xingjiang Muge reporting a revenue of 784 million yuan but a net loss of approximately 94.7 million yuan [8][9]. Dividend Policy - The company plans to distribute a cash dividend of 156 million yuan, exceeding its net profit for the year, which raises questions about its financial prudence [1][15]. - Including share buybacks, the total payout amounts to 292 million yuan, nearly 200% of the net profit [15]. Management Compensation - Chairman Chen Hong's salary increased by 260,000 yuan to 699,300 yuan in 2024, raising eyebrows given the company's financial situation [1][16]. - The salary of Chen Hong's sister, who serves as vice chairman, also saw an increase, while the CFO's salary slightly decreased [16][17].

Core Viewpoint - Kemin Food, known as the "first stock of hanging noodles," reported a turnaround from loss to profit in its 2024 annual report, despite a decline in revenue and significant financial pressures [1][2][3]. Revenue Performance - Kemin Food achieved a revenue of 4.567 billion yuan in 2024, a decrease of 11.91% compared to the previous year, marking the second consecutive year of revenue decline since 2008 [2]. - The company’s revenue in 2023 was 5.184 billion yuan, reflecting a 14.42% year-on-year decrease [2]. Profitability - The net profit attributable to shareholders was 146 million yuan in 2024, a significant recovery from a loss of 65.65 million yuan in the previous year, indicating a successful turnaround [1][2]. Business Segments - Despite the overall profit, Kemin Food's newly established pig farming business continues to incur losses, with a reported loss of 94.71 million yuan in 2024 from its subsidiary, Akesu Xingjiang Muge Food Co., which generated a revenue of 784 million yuan [2]. - The traditional rice and noodle processing segment showed growth, contributing to the company's overall profitability [2]. Dividend Policy - Kemin Food announced a dividend plan of 156 million yuan, which exceeds the net profit attributable to shareholders for the year, raising concerns about financial sustainability [3]. - Including a share buyback of 136 million yuan, the total distribution amounts to 292 million yuan, representing 199.90% of the net profit [3]. Financial Health - As of the end of 2024, Kemin Food had cash and cash equivalents of only 358 million yuan, while interest-bearing liabilities exceeded 2 billion yuan, indicating significant financial pressure [3]. - The company raised 94.29 million yuan in May 2024 to supplement working capital and repay interest-bearing debts [3]. Executive Compensation - The salary of Chairman and General Manager Chen Hong increased to 699,300 yuan in 2024, up by 26,010 yuan from 2023, reflecting a substantial raise within a year of taking office [4]. - Vice Chairman Chen Hui's salary also rose to 581,100 yuan, an increase of 81,100 yuan [4].