专题：专题|2024年度A股董秘数据报告：1144位董秘年薪超百万 占比超21% 董秘作为连接投资者与上市公司的"桥梁"，在上市公司资本运作中发挥着关键作用。新浪财经《2024年 度A股董秘数据报告》显示，2024年A股上市公司董秘薪酬合计达40.86亿元，平均年薪75.43万元。 分行业来看，A股乳制品行业28家上市公司董秘薪酬均值为85.08万元，高于市场均值。 从年龄来看，40（含）-50岁为主力，占比达到54%；50（含）岁以上占比为29%；30（含）-40岁占比 约为18%。 从学历来看，本科为主力，占比达到46%；其次是硕士，占比为39%；此外有3名专科，1名博士。 责任编辑：公司观察 从薪酬来看，50万（含）-100万为主力，占比达到39%；其次是30万（含）-50万，占比达到29%。100 万（含）-200万年薪的董秘有5名，还有3名董秘年薪在10万（含）-30万。 光明乳业董秘沈小燕薪酬最高，达到135.59万元；其次是妙可蓝多董秘谢毅，薪酬124.99万元；此外， 燕塘乳业董秘李春锋薪酬122.99万元，海融科技董秘庄涛薪酬110.7万元，新乳业董秘郑世锋薪酬109.33 万元，均超过10 ...

光明乳业董秘沈小燕薪酬最高，达到135.59万元；其次是妙可蓝多董秘谢毅，薪酬124.99万元；此外， 燕塘乳业董秘李春锋薪酬122.99万元，海融科技董秘庄涛薪酬110.7万元，新乳业董秘郑世锋薪酬109.33 万元，均超过100万。 分行业来看，A股乳制品行业28家上市公司董秘薪酬均值为85.08万元，高于市场均值。 从年龄来看，40（含）-50岁为主力，占比达到54%；50（含）岁以上占比为29%；30（含）-40岁占比 约为18%。 从学历来看，本科为主力，占比达到46%；其次是硕士，占比为39%；此外有3名专科，1名博士。 从薪酬来看，50万（含）-100万为主力，占比达到39%；其次是30万（含）-50万，占比达到29%。100 万（含）-200万年薪的董秘有5名，还有3名董秘年薪在10万（含）-30万。 专题：专题|2024年度A股董秘数据报告：1144位董秘年薪超百万 占比超21% 董秘作为连接投资者与上市公司的"桥梁"，在上市公司资本运作中发挥着关键作用。新浪财经《2024年 度A股董秘数据报告》显示，2024年A股上市公司董秘薪酬合计达40.86亿元，平均年薪75.43万元。 剔除2024 ...

Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The dairy industry in China is experiencing a structural adjustment due to declining milk prices and rising production costs, leading to increased losses among dairy farms and a reduction in the number of dairy cows [1][22][27] - The dairy product market is dominated by a few major players, with a notable performance in flavored milk and online sales channels, indicating potential growth areas despite overall consumption decline [2][42][61] - Tianjin is emerging as a significant urban dairy industry cluster, leveraging advanced DHI measurement technology to enhance milk production efficiency [3][67][76] Summary by Sections 1. China's Dairy Industry and Production Adjustments - Inner Mongolia is the largest milk-producing region, accounting for over 19% of national milk production in 2024 [1] - The average price of fresh milk has decreased by 11.75% year-on-year in the first half of 2024, leading to a cost-price inversion for dairy farms [22][25] - The number of dairy cows in China is projected to decrease by over 500,000 heads in 2024 compared to 2023 [27][36] 2. Dairy Product Market Dynamics - The production of dairy products from large-scale enterprises is expected to decline by 1.90% in 2024, with a total output of 29.62 million tons [2][42] - The market share of flavored milk products is increasing, with online sales channels showing significant growth potential [2][61] - The average per capita consumption of dairy products in China is only 40.5 kg/year, significantly lower than the recommended dietary intake and below levels in developed countries [54] 3. Tianjin's Dairy Industry Development - Tianjin's dairy industry has achieved an annual output value exceeding 11.68 billion yuan, with a slight increase in dairy cow inventory in 2024 [3][70] - The DHI measurement technology in Tianjin is leading nationally, with a full coverage of DHI testing for all dairy cows in the region [3][76] - The average milk yield per cow in Tianjin is significantly higher than the national average, showcasing the effectiveness of local dairy management practices [3][70]

Core Insights - The report highlights that in 2024, the total salary of A-share listed company secretaries reached 4.086 billion yuan, with an average annual salary of 754,300 yuan [1] - The food and beverage industry had a total salary of 97.2097 million yuan for its secretaries, with an average salary of 765,400 yuan, which is in line with the market average [5][1] - The highest-paid secretary is Zhang Lei from Dongpeng Beverage, earning 5.4655 million yuan, while the lowest is Yao Xue from Maiqu'er, earning only 31,700 yuan [7][1] Salary Trends - In the food and beverage sector, the total salary for secretaries increased by 2.3708 million yuan compared to the previous year [5] - Among 74 companies, secretaries' salaries increased, but many were newly appointed in 2023 or 2024, leading to lower previous year baselines [8] - Notably, 48 companies saw salary increases after excluding those with new appointments, with the highest increase being from Li Chunfeng of Yantang Dairy, whose salary rose from 704,000 yuan to 1.2299 million yuan [8] Salary Reductions - 30 companies experienced salary reductions, with the most significant drop being from He Ru of Guangming Meat, whose salary fell from 1.6444 million yuan to 726,400 yuan, a decrease of 918,000 yuan [9] - Guangming Meat has faced consecutive declines in revenue and net profit over the past two years, leading to collective salary cuts among its management [9] - Zhang Wei from Shede Liquor also saw a salary decrease from 1.9775 million yuan to 1.3063 million yuan, reflecting similar trends in revenue and profit declines [9] Demographics and Education - The age distribution shows that 44% of secretaries are between 40 and 50 years old, while only 27% are under 40 [1] - The educational background indicates that 52% hold a bachelor's degree, 40% have a master's degree, and 2.4% are PhDs [3]

Group 1 - The dairy sector has experienced a short-term surge, with Yantang Dairy (002732) hitting the daily limit up [1] - Other companies such as Zhuangyuan Pasture (002910), Western Pastoral (300106), Knight Dairy, Panda Dairy (300898), and Pinwo Food (300892) have also seen significant increases in their stock prices [1] - There is a notable influx of dark pool funds into these stocks, indicating strong investor interest [1]

Core Viewpoint - During the "14th Five-Year Plan" period, China's capital market is moving towards a comprehensive registration system, with stricter requirements for information disclosure and corporate governance. The ESG report disclosure rate for listed companies is expected to reach 45.7% in 2024, marking a historical high and an increase of over 17 percentage points compared to the "13th Five-Year Plan" period [1]. Group 1: ESG Practices and Reporting - Yantang Dairy (002732) has actively engaged in ESG initiatives, showcasing its governance improvements and commitment to a green and low-carbon approach. The company plans to complete its third ESG report by 2025, highlighting its 2024 achievements in environmental, social, and governance practices [1]. - The company continues to advance its "FRESH" action matrix, focusing on five key dimensions: product prioritization from farm to table, responsible corporate governance, innovation in environmentally friendly production technologies, sustainable social participation, and comprehensive talent development [1]. Group 2: Quality and Governance - In terms of product quality, Yantang Dairy adheres to the principle of "safety first, quality foremost," continuously upgrading its integrated supply chain to ensure product quality. The company has maintained an A rating in information disclosure evaluations from the Shenzhen Stock Exchange for four consecutive years [2]. - The company emphasizes strict governance practices and actively participates in social responsibility initiatives, contributing to rural revitalization and engaging in public welfare activities [2]. Group 3: Future Outlook - With the deepening of ESG practices, Yantang Dairy's ESG rating has improved from BB to BBB, receiving industry recognition for its progress. Looking ahead, the company aims to maintain its strategic focus on "refining Guangdong, concentrating on the Bay Area, covering South China, and moving towards the national market" as it approaches the end of the "14th Five-Year Plan" and begins preparing for the "15th Five-Year Plan" [2].

广东燕塘乳业股份有限公司 证券代码：002732 证券简称：燕塘乳业 公告编号：2025-029 广东燕塘乳业股份有限公司 关于全资子公司湛江燕塘乳业有限公司拟与关联方广东省 湛江农垦集团有限公司签署《资金使用协议》暨关联交易 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。 一、关联交易概况概述 广东燕塘乳业股份有限公司（以下简称"公司"）于 2024 年 4 月 2 日召开的 第五届董事会第十三次会议、于 2024 年 4 月 26 日召开的 2023 年年度股东大会 分别审议通过了《关于拟建设都市型乳业优势特色产业集群项目的议案》，具体 内容详见公司于 2024 年 4 月 3 日发布在巨潮资讯网的《关于拟建设都市型乳业 优势特色产业集群项目的公告》（公告编号：2024-018）。 根据《农业农村部办公厅 财政部办公厅关于公布 2024 年农业产业融合发展 项目名单的通知》（农办计财〔2024〕10 号）以及《关于进一步加强优势特色产 业集群和农业产业强镇项目管理的通知》（农产综函〔2024〕10 号）要求，广东 省农垦集团公司（以下简称"广东农垦 ...

广东燕塘乳业股份有限公司 证券代码：002732 证券简称：燕塘乳业 公告编号：2025-028 广东燕塘乳业股份有限公司 第五届监事会第十七次会议决议公告 本公司及监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。 一、监事会会议召开情况 广东燕塘乳业股份有限公司（以下简称"公司"）第五届监事会第十七次会 议通知于 2025 年 6 月 24 日以专人送达和短信送达相结合的方式发出，会议于 2025 年 6 月 30 日上午在公司会议室现场召开。公司监事共 3 人，全部出席本次 会议。公司董事会秘书李春锋先生列席了会议。本次会议由公司监事会主席严文 海先生召集并主持，会议的召集、召开、审议、表决等程序均符合有关法律、行 政法规、部门规章等规范性文件和《广东燕塘乳业股份有限公司章程》的规定， 会议形成的决议合法、有效。 二、监事会会议审议情况 与会监事经认真讨论，形成如下决议： 1、审议通过《关于全资子公司湛江燕塘乳业有限公司拟与关联方广东省湛 江农垦集团有限公司签署<资金使用协议>暨关联交易的议案》。 为贯彻落实国家"联农带农"政策，支持现代农业产业发展，根据"2024 ...

第五届董事会第二十三次会议决议公告 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。 广东燕塘乳业股份有限公司 证券代码：002732 证券简称：燕塘乳业 公告编号：2025-027 广东燕塘乳业股份有限公司 一、董事会会议召开情况 广东燕塘乳业股份有限公司（以下简称"公司"）第五届董事会第二十三次 会议通知于 2025 年 6 月 24 日以专人送达和短信送达相结合的方式发出，会议于 2025 年 6 月 30 日上午在公司会议室现场结合通讯方式召开。公司董事共 9 人， 出席本次会议的董事共 9 人。其中，独立董事郭葆春女士、黄晓宏先生、李汴生 先生以通讯方式出席会议。公司监事、董事会秘书和纪委书记列席了本次会议。 本次会议由公司董事长兼总经理冯立科先生主持，会议的通知、召集、召开、审 议、表决等程序均符合有关法律、行政法规、部门规章、规范性文件和《广东燕 塘乳业股份有限公司章程》的规定，会议形成的决议合法、有效。 二、董事会会议审议情况 与会董事经认真讨论，形成如下决议： 1、审议通过《关于全资子公司湛江燕塘乳业有限公司拟与关联方广东省湛 江农垦集团有限公 ...

Core Insights - The article discusses the cheese industry in China, focusing on the production processes, patent applications, and the technological aspects of processed cheese [10][11]. Group 1: Cheese Production Process - The production of processed cheese involves a complex process that includes natural cheese treatment, mixing with emulsifying salts and other ingredients, heating, continuous stirring, packaging, cooling, and storage [5][9]. - Key parameters affecting the quality of processed cheese include melting temperature, processing time, stirring speed, and cooling rate, which significantly influence the final product's texture and functionality [2][4][9]. Group 2: Ingredients and Composition - The composition of processed cheese is influenced by various chemical components such as fat content, moisture content, pH value, total calcium content, casein content, lactose content, and whey protein content [7][9]. - The total calcium content in processed cheese affects its manufacturing difficulty and functional properties, with higher calcium levels leading to increased hardness and reduced meltability [9]. - The pH value of processed cheese is crucial for its quality and microstructure, with an optimal range identified between 5.4 and 5.8 [9]. Group 3: Patent Landscape - As of now, there are over 3,700 cheese-related patents in China, with a notable increase in applications since 2015, peaking at 541 applications in 2023 [10][11]. - The leading applicant for cheese-related patents is Yijia Haonai, a subsidiary of Yili Group, with 137 patents, followed by Mengniu Dairy, Bright Dairy, Yili Company, and Miaokelan Duo [11].