北京市君合（广州）律师事务所 关于 广东燕塘乳业股份有限公司 2024 年第三次临时股东大会的 本法律意见书仅就本次股东大会的召集和召开程序、出席本次股东大会人员的资格、 召集人资格、会议表决程序是否符合中国法律、法规及《公司章程》的规定以及表决结 果是否合法有效发表意见，并不对本次股东大会所审议的议案内容以及该等议案所表述 的相关事实或数据的真实性、准确性或合法性发表意见。 在本法律意见书中，本所仅依据本法律意见书出具日以前发生的事实及本所对该事 实的了解，并仅就本次股东大会所涉及的相关中国法律问题发表法律意见，而不对除前 述问题之外的任何其他事宜发表任何意见。 法律意见书 二零二四年九月 | 北京总部 | 电话: (86-10) 8519-1300 | 上海分所 | 电话: (86-21) 5298-5488 | 广州分所 | 电话: (86-20) 2805-9088 | | 深圳分所 | 电话: (86-755) 2939-5288 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 传真: (86-10) 8519-1350 | ...

Group 1: Company Overview - Yantang Dairy has a history of 68 years, founded in 1956, and is a leading integrated dairy product company in Guangdong [4] - The company is a member of the D20 enterprise alliance and holds significant positions in various dairy associations [4] Group 2: Financial Management - The company adheres to a prudent management philosophy, focusing on enhancing operational performance and profitability [1] - Currently, the company does not have any idle funds or investments in financial products [3] Group 3: Market Position and Competition - China's per capita milk consumption is only 42.3 kg/year, which is about one-third of the global average, indicating significant market potential [4] - The company has established a strong brand presence and competitive advantages, including stable quality milk sources and a comprehensive cold chain distribution network [4] Group 4: Strategic Development - The company aims to expand into international markets while focusing on the Guangdong-Hong Kong-Macao Greater Bay Area [3] - It has developed a "green low-carbon development strategy" to align with national sustainability goals [3] Group 5: Investor Relations - The company actively engages with investors through various activities, including online Q&A sessions [1] - Key topics discussed include project updates, currency fluctuation impacts, and future market expansion plans [2][3]

一、召开会议的基本情况 （一）股东大会届次：2024 年第三次临时股东大会。 （二）股东大会的召集人：公司董事会。公司于 2024 年 8 月 30 日上午召开 第五届董事会第十七次会议，审议通过了《关于召开 2024 年第三次临时股东大 会的议案》。 （三）会议召开的合法、合规性：本次股东大会的召集程序符合有关法律、 行政法规、部门规章、规范性文件、深圳证券交易所业务规则和《广东燕塘乳业 股份有限公司章程》等相关规定。 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：2024-047 广东燕塘乳业股份有限公司 关于召开 2024 年第三次临时股东大会的提示性公告 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（以下简称"公司"）于 2024 年 8 月 31 日在巨 潮资讯网披露了《关于召开 2024 年第三次临时股东大会的通知》。本次股东大会 将采用现场表决与网络投票相结合的方式进行，为充分保障全体股东行使表决权， 切实保护广大投资者合法权益，公司董事会现将有关事项再次通知如下： （四）会议召开的日 ...

Group 1: Event Details - Guangdong Yantang Dairy Co., Ltd. will participate in the "2024 Guangdong Investor Relations Management Month" event on September 12, 2024, from 15:30 to 16:30 [1] - The event will be held online via the "Panorama Roadshow" website [1] Group 2: Communication Focus - Company executives will discuss the 2024 semi-annual performance, corporate governance, development strategy, operational status, financing plans, equity incentives, and sustainable development [1] - Investors are encouraged to actively participate in the interactive communication [1] Group 3: Assurance of Information - The company and its board guarantee the authenticity, accuracy, and completeness of the disclosed information, ensuring no false records, misleading statements, or significant omissions [1]

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：2024-043 广东燕塘乳业股份有限公司 关于拟对外投资建设项目的公告 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。 一、对外投资概述 作为国民营养膳食结构中的重要一环，奶业是健康中国、强壮民族不可或缺 的产业。根据广东燕塘乳业股份有限公司（以下简称"公司"）发展战略规划， 结合乳制品行业发展趋势，公司拟投资建设广垦乳业智慧物流中心项目和粤东日 产 600 吨现代化乳制品加工厂建设项目： 1、为提高生产效率和物流效率，推动乳制品物流服务升级，实现仓储资源 的优化利用，构建高效协同的产业链体系，增强市场竞争力，助力公司高质量发 展，公司拟投资建设广垦乳业智慧物流中心项目，投资金额为 9,076.64 万元。 2、为进一步扩大产能，优化产品结构，拓宽市场渠道，满足市场需求，增 强市场竞争力，助力公司高质量发展，公司拟以公司全资子公司揭阳燕塘乳业有 限公司（以下简称"揭阳燕塘"）为投资建设主体，投资建设粤东日产 600 吨现 代化乳制品加工厂建设项目。本次审议投资建设项目主要为粤东日 ...

Financial Performance - The company's operating revenue for the first half of 2024 was ¥852,609,329.11, a decrease of 11.45% compared to ¥962,821,961.24 in the same period last year[11]. - Net profit attributable to shareholders was ¥56,280,615.33, down 42.77% from ¥98,340,157.66 year-on-year[11]. - The net profit after deducting non-recurring gains and losses was ¥53,872,434.23, a decline of 45.61% compared to ¥99,052,669.16 in the previous year[11]. - The net cash flow from operating activities was ¥27,947,749.62, representing an 82.53% decrease from ¥159,958,799.89 in the same period last year[11]. - Basic earnings per share were ¥0.36, down 41.94% from ¥0.62 year-on-year[11]. - Total assets at the end of the reporting period were ¥1,820,543,319.13, a decrease of 6.16% from ¥1,939,977,862.27 at the end of the previous year[11]. - Total revenue for the first half of 2024 reached CNY 532,470,433.50, with a gross margin of 26.07%, compared to CNY 635,475,700.64 and a gross margin of 28.77% in the same period of 2023[31]. - The company reported a significant increase in other income, which rose by 131.29% to ¥8,437,140.79, primarily due to government subsidies[49]. - The company reported a total comprehensive income of 56,280,615.33 CNY for the current period, contributing to the overall equity increase[143]. Market and Industry Insights - The dairy industry in China is experiencing rapid growth, with increasing per capita consumption and a shift towards high-quality products[16]. - The company has established itself as one of the largest dairy processing enterprises in South China, with significant market influence in Guangdong Province[19]. - The dairy industry is supported by national policies aimed at revitalizing the sector and ensuring product quality, which enhances market stability[16]. - The dairy industry is characterized by stable demand, with less pronounced cyclical features compared to other sectors[17]. Product Development and Innovation - The company is focusing on low-temperature milk development and implementing a dual-line promotion strategy of "differentiation + affordability" to enhance market presence[21]. - The company has launched several new products, including A2β casein night milk and high-calcium low-fat pure milk, catering to diverse consumer needs[21]. - The company emphasizes a strategy of "researching one generation, reserving one generation, and launching one generation" for product development[25]. - The company launched 12 new products during the reporting period, including flavored yogurt and high-calcium low-fat milk, to meet consumer demands for personalization and quality[29]. Operational Efficiency and Management - The company is implementing a "1510 service enhancement action plan" to strengthen internal management and operational efficiency[20]. - The company has optimized its self-owned dairy farm management, achieving a corn planting area of 11,000 acres with an average yield of 2.12 tons per acre in Guangdong[21]. - The company has established a standard ranch management system to ensure the stability and risk resistance of its milk source base, addressing potential risks from the dairy farming industry[65]. - The company has implemented advanced management systems to ensure product quality and safety, which is critical given the increasing public and regulatory scrutiny on food safety[69]. Marketing and Brand Promotion - The company has enhanced brand promotion through cultural events, achieving over 5.5 billion views for the "2024 Guangdong-Hong Kong-Macao Greater Bay Area Spring Festival Gala"[22]. - The company is deepening its online and offline marketing strategies, resulting in over 2 million total exposure for brand promotion activities in the first half of 2024[22]. - The company is actively exploring new retail channels such as community group buying and live streaming sales to enhance market coverage[30]. Financial Management and Investments - The company's cash and cash equivalents decreased by ¥112,401,170.67, a decline of 657.86% compared to an increase of ¥20,148,616.42 in the same period last year[49]. - The company has not engaged in any entrusted financial management during the reporting period[113]. - The company has not undergone any bankruptcy restructuring or significant litigation during the reporting period, indicating financial stability[95]. Environmental and Social Responsibility - The company has implemented a wastewater treatment process that meets the local discharge standards, with wastewater discharge concentrations of 54.87 mg/L for COD, 4.2842 mg/L for ammonia nitrogen, and 10.1278 mg/L for total nitrogen[78]. - The flagship factory has been recognized as a "National Green Factory" and has received multiple awards for its environmental initiatives, including the "2023 Distributed Energy Excellent Project First Prize"[87]. - The company donated nearly 100,000 boxes of milk to various charitable causes, including orphanages and disaster relief efforts, as part of its social responsibility initiatives[89]. Corporate Governance and Compliance - The company strictly adheres to legal regulations and maintains a robust corporate governance structure, ensuring accurate and timely information disclosure to protect shareholder rights[91]. - There were no instances of non-compliance regarding external guarantees or misuse of funds by major shareholders during the reporting period[95]. - The company has not reported any new capital contributions or changes in equity instruments during the current period[149].

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：2024-039 广东燕塘乳业股份有限公司 第五届董事会第十七次会议决议公告 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。 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"）第五届董事会第十七次会 议通知于 2024 年 8 月 20 日以专人送达和短信送达相结合的方式发出，会议于 2024 年 8 月 30 日上午在公司五楼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，非独立董事陈茗先生以及独立董事郭葆 春女士、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《关于审议<2024 年半年度报告>及其摘要的议案》； 公司根据 ...

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：2024-045 广东燕塘乳业股份有限公司 关于召开 2024 年第三次临时股东大会的通知 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。 一、召开会议的基本情况 （一）股东大会届次：2024 年第三次临时股东大会。 （二）股东大会的召集人：广东燕塘乳业股份有限公司（以下简称"公司"） 董事会。公司于 2024 年 8 月 30 日上午召开第五届董事会第十七次会议，审议通 过了《关于召开 2024 年第三次临时股东大会的议案》。 （三）会议召开的合法、合规性：本次股东大会的召集程序符合有关法律、 行政法规、部门规章、规范性文件、深圳证券交易所业务规则和《广东燕塘乳业 股份有限公司章程》等相关规定。 （四）会议召开的日期、时间： 1．现场会议：2024 年 9 月 18 日 14:45 起，预计会期半天； 2．网络投票：通过深圳证券交易所互联网投票系统投票的时间为 2024 年 9月18日9:15-15:00；通过深圳证券交易所交易系统进行网络投票的时间为2024 年 9 月 18 ...

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：2024-040 广东燕塘乳业股份有限公司 第五届监事会第十二次会议决议公告 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"）第五届监事会第十二次会 议通知于 2024 年 8 月 20 日以专人送达和短信送达的方式发出，会议于 2024 年 8 月 30 日上午在公司五楼会议室现场召开。公司监事共 3 人，全部出席本次会 议，其中，监事汤晓惠女士以通讯方式出席会议。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。 表决结果：同意票 3 票，反对票 0 票，弃权票 0 票，回避票 0 票。 全体监事一致同意通过该报告，并同意据此出具对该报告无异议的书面审核 意见与书面确认意见。 公司《2024 年半年度报告》及其摘要的具体内容，详 ...