Core Viewpoint - The event highlighted the commitment of Tianjin-listed companies to engage with investors and enhance value through effective communication and performance reporting [1] Company Overview - Guifaxiang (002820) focuses on traditional Chinese cuisine, leveraging "national intangible cultural heritage" production techniques while integrating new food elements to innovate products [1] - The company aims to meet diverse consumer demands through continuous product innovation [1] Investment Strategy - The company has been actively identifying quality targets that align with its core business development needs for investment and mergers [1] - By utilizing its own advantages and experience, the company seeks to cultivate and expand into new business areas, thereby enhancing its competitiveness and risk resilience [1] - The strategy is aimed at supporting scale growth and improving overall corporate strength [1]

Core Viewpoint - The company is focusing on enhancing its e-commerce capabilities to drive significant growth in sales and establish a new pillar for its revenue stream [1] Group 1: Company Strategy - The company has been continuously improving its e-commerce channel construction, resulting in notable growth in its e-commerce business [1] - The next step for the company is to enhance the competitiveness of its e-commerce operations and fully leverage the benefits of its e-commerce platform [1] - The company plans to primarily open brand-direct stores while combining e-commerce with distribution to expand its market presence nationwide [1]

Group 1 - The company, Tianjin Guifaxiang Eighteen Street Mahua Food Co., Ltd., will participate in the 2025 Investor Online Collective Reception Day and Semi-Annual Performance Briefing, aimed at enhancing interaction with investors [1][2] - The event will be held online on September 11, 2025, from 15:00 to 17:00, allowing investors to engage through the "Panjing Roadshow" website or its associated platforms [1][2] - Key company representatives, including the Chairman, CFO, and Board Secretary, will address investor concerns regarding the company's semi-annual performance, governance, development strategy, and operational status [2]

Group 1 - The company Gui Faxiang announced its participation in an investor online reception event scheduled for September 11, 2025 [2] - The event is guided by the Tianjin Securities Regulatory Bureau and organized by the Tianjin Listed Companies Association and Shenzhen Panorama Network Co., Ltd [2] - The event will take place from 15:00 to 17:00 on the specified date [2]

证券代码：002820 证券简称：桂发祥 公告编号：2025-028 天津桂发祥十八街麻花食品股份有限公司 关于参加天津辖区上市公司 2025 年投资者网上集体 接待日暨半年报业绩说明会的公告 1 届时公司董事长李路先生、财务总监郭爽女士、董事会秘书黄靓雅女士将在线 就公司 2025 半年度业绩、公司治理、发展战略、经营状况等投资者关心的问题，与 投资者进行沟通与交流，欢迎广大投资者踊跃参与。 特此公告。 天津桂发祥十八街麻花食品股份有限公司 董 事 会 二〇二五年九月六日 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。 为进一步加强与投资者的互动交流，天津桂发祥十八街麻花食品股份有限公司 （以下简称公司）将参加由天津证监局指导、天津上市公司协会与深圳市全景网络 有限公司联合举办的"天津辖区上市公司 2025 年投资者网上集体接待日暨半年报业 绩说明会"活动，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动 ...

Market Overview - The leisure food sector increased by 0.16% on September 5, with Laiyifen leading the gains [1] - The Shanghai Composite Index closed at 3812.51, up 1.24%, while the Shenzhen Component Index closed at 12590.56, up 3.89% [1] Key Performers - Laiyifen (603777) closed at 14.78, up 3.07% with a trading volume of 290,800 shares and a turnover of 421 million yuan [1] - Other notable performers include: - Huangshanghuang (002695) at 12.33, up 1.40% [1] - Guangzhou Restaurant (603043) at 17.61, up 1.32% [1] - Yuanzu Co. (603886) at 13.34, up 1.14% [1] Underperformers - Salted Fish (002847) closed at 72.17, down 1.65% with a trading volume of 58,900 shares and a turnover of 420 million yuan [2] - Other underperformers include: - Ximai Food (002956) at 21.25, down 1.62% [2] - Youyou Food (603697) at 12.58, down 0.94% [2] Capital Flow - The leisure food sector experienced a net outflow of 80.43 million yuan from institutional investors, while retail investors saw a net inflow of 72.85 million yuan [2] - Notable capital flows include: - Laiyifen had a net inflow of 11.73 million yuan from institutional investors [3] - Yuanzu Co. saw a net inflow of 12.58 million yuan from institutional investors [3]

Group 1 - The leisure food sector increased by 0.68% on September 4, with Gui Faxiang leading the gains [1] - The Shanghai Composite Index closed at 3765.88, down 1.25%, while the Shenzhen Component Index closed at 12118.7, down 2.83% [1] - Notable performers in the leisure food sector included Gui Faxiang, which rose by 6.12% to a closing price of 13.00, and Lai Yifen, which increased by 5.05% to 14.34 [1] Group 2 - The leisure food sector saw a net inflow of 27.75 million yuan from main funds, while retail investors contributed a net inflow of 84.39 million yuan [2] - Major stocks like San Zhi Song Shu and Lai Yifen experienced significant net outflows from speculative funds, with San Zhi Song Shu seeing a net outflow of 3.71 million yuan [2] - The data indicates a mixed sentiment among different types of investors, with main funds showing positive interest while speculative funds withdrew [2]

Group 1 - The new retail concept stocks in the A-share market are performing strongly, with significant gains observed in several companies [1] - Notable performers include Pinwo Food, which rose nearly 11%, and several others that hit the daily limit up [1] - The overall trend indicates a positive sentiment towards new retail stocks despite broader market conditions [1] Group 2 - Specific stock performance data shows Pinwo Food with a 10.71% increase and a total market capitalization of 3.95 billion [2] - Other companies like Gongxiao Daji and Huijia Times also saw increases of over 10%, with Gongxiao Daji having a market cap of 51.1 billion [2] - Year-to-date performance varies, with Guofang Group showing a remarkable 108.52% increase, while some companies like Gongxiao Daji have a negative year-to-date change of -17.97% [2]

Company Overview - Guifaxiang, a company specializing in traditional and other leisure food products, saw its stock price increase by 5.22% to 12.89 CNY per share, with a trading volume of 164 million CNY and a turnover rate of 6.45%, resulting in a total market capitalization of 2.589 billion CNY [1] - The company was established on September 20, 1994, and went public on November 18, 2016 [1] - The revenue composition of Guifaxiang includes: 64.96% from fried dough twist products, 16.19% from externally sourced food, 12.65% from pastries and convenience foods, 5.16% from OEM products, and 1.03% from other supplementary products [1] Shareholder Information - Noan Fund's Noan Multi-Strategy Mixed A (320016) fund entered the top ten circulating shareholders of Guifaxiang in the second quarter, holding 883,600 shares, which is 0.44% of the circulating shares [2] - The estimated floating profit for the fund today is approximately 565,500 CNY [2] - The Noan Multi-Strategy Mixed A fund was established on August 9, 2011, with a current size of 1.399 billion CNY, achieving a year-to-date return of 54.4% and a one-year return of 110.3% [2] Fund Manager Performance - The fund managers of Noan Multi-Strategy Mixed A are Kong Xianzheng and Wang Haichang, with Kong having a tenure of 4 years and 283 days and a total fund size of 4.607 billion CNY [3] - During Kong's tenure, the best fund return was 68.36%, while the worst was -16.74% [3] - Wang has a tenure of 3 years and 45 days, managing a fund size of 2.529 billion CNY, with the best return of 56.51% and the worst return of -18.8% during his tenure [3]

Core Viewpoint - The leisure food sector experienced a decline of 2.28% on September 3, with Youyou Food leading the drop [1] Group 1: Market Performance - The Shanghai Composite Index closed at 3813.56, down 1.16% [1] - The Shenzhen Component Index closed at 12472.0, down 0.65% [1] - Youyou Food's stock price fell by 9.77% to 12.37 [1] - Other notable declines include Maijiao (-5.03%), Lihigh Food (-4.90%), and Guifaxiang (-4.45%) [1] Group 2: Trading Volume and Value - Youyou Food had a trading volume of 280,100 shares and a transaction value of 366 million yuan [1] - Lihigh Food recorded a transaction value of 234 million yuan with a trading volume of 48,500 shares [1] - Guifaxiang had a transaction value of 181 million yuan with a trading volume of 145,100 shares [1] Group 3: Capital Flow - The leisure food sector saw a net outflow of 264 million yuan from main funds, while retail investors contributed a net inflow of 283 million yuan [2] - Speculative funds experienced a net outflow of 18.87 million yuan [2]