Group 1 - The leisure food sector increased by 1.54% on January 20, with Wancheng Group leading the gains [1] - The Shanghai Composite Index closed at 4113.65, down 0.01%, while the Shenzhen Component Index closed at 14155.63, down 0.97% [1] - Key stocks in the leisure food sector showed significant price movements, with Wancheng Group rising by 6.04% to a closing price of 212.00 [1] Group 2 - The leisure food sector experienced a net outflow of 60.30 million yuan from institutional investors, while retail investors saw a net inflow of 75.82 million yuan [2] - Notable declines were observed in stocks such as Three Squirrels, which fell by 2.07% to a closing price of 24.58 [2] - The trading volume and turnover for various stocks in the sector varied, with significant activity noted in stocks like Haoxiangni and Ximai Food [2] Group 3 - Haoxiangni had a net inflow of 79.89 million yuan from institutional investors, while it faced a net outflow of 78.76 million yuan from retail investors [3] - Ximai Food also saw a net inflow of 10.14 million yuan from institutional investors, with retail investors experiencing a net outflow [3] - The data indicates varying levels of investor interest across different stocks within the leisure food sector, highlighting the dynamics of institutional versus retail investment [3]

Group 1 - The leisure food sector increased by 3.01% on January 19, with Li Gao Food leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] - Key stocks in the leisure food sector showed significant price increases, with Li Gao Food rising by 7.34% to a closing price of 46.09 [1] Group 2 - The leisure food sector experienced a net inflow of 18.35 million yuan from institutional investors, while retail investors contributed a net inflow of 18.64 million yuan [2] - Notable stocks included San Zhi Song Shu, which had a net inflow of 36.54 million yuan from institutional investors, despite a net outflow from retail investors [3] - The overall trading volume and turnover in the leisure food sector indicated active market participation, with significant movements in individual stock prices [1][2]

Core Viewpoint - The stock price of Guifaxiang has shown a slight increase of 2.05% on January 19, 2025, with a current price of 12.45 CNY per share, indicating a total market capitalization of 2.501 billion CNY [1] Group 1: Stock Performance - Guifaxiang's stock has increased by 3.32% since the beginning of the year, but has seen a decline of 0.40% over the last five trading days, 1.50% over the last twenty days, and 5.03% over the last sixty days [2] - As of January 19, 2025, the trading volume reached 49.1741 million CNY with a turnover rate of 1.99% [1] Group 2: Financial Performance - For the period from January to September 2025, Guifaxiang reported a revenue of 377 million CNY, representing a year-on-year decrease of 6.23%, while the net profit attributable to shareholders was 1.0196 million CNY, down 97.15% year-on-year [2] - The company has distributed a total of 310 million CNY in dividends since its A-share listing, with 98.5003 million CNY distributed over the last three years [3] Group 3: Shareholder Information - As of September 30, 2025, Guifaxiang had 34,000 shareholders, a decrease of 11.27% from the previous period, with an average of 5,911 circulating shares per shareholder, an increase of 12.70% [2] - Notably, the fund "Nuoan Multi-Strategy Mixed A" (320016) has exited the list of the top ten circulating shareholders [3] Group 4: Business Overview - Guifaxiang, established on September 20, 1994, and listed on November 18, 2016, specializes in the research, production, and sales of traditional and other leisure food products [2] - The company's revenue composition 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 sources [2] - Guifaxiang is categorized under the food and beverage industry, specifically in the leisure food and baking food sectors, and is associated with concepts such as prepared dishes, Tianjin state-owned assets, new retail, leisure food, and micro-cap stocks [2]

Core Viewpoint - The company has approved the use of temporarily idle self-owned funds to purchase short-term financial products, with a total investment not exceeding 200 million RMB, aimed at enhancing fund utilization efficiency [1][2]. Group 1: Financial Product Details - The company and its subsidiaries will invest a total of 200 million RMB in structured deposit products with Citic Bank Tianjin Branch [1]. - The specific products include: - Tianjin Guifaxiang Eighteenth Street Mahua Food Co., Ltd. will invest 140 million RMB in a structured deposit with an expected annualized return of 1.00% to 2.00% [1]. - Guifaxiang Eighteenth Street Mahua Food (Tianjin) Co., Ltd. will invest 50 million RMB in a similar product with the same expected return [2]. - Tianjin Allen Pastry Food Co., Ltd. will invest 10 million RMB in another structured deposit with the same expected return [2]. Group 2: Investment Risk and Control - The purchased financial products are low-risk, but the company acknowledges potential market, interest rate, and liquidity risks [3]. - The company will implement strict investment risk control measures, including: - Adhering to prudent investment principles, with the general manager responsible for oversight [4]. - Daily supervision and auditing of financial matters by the audit department [5]. - Independent directors and the audit committee have the authority to monitor fund usage [6]. - Timely disclosure of any adverse financial conditions affecting the investment products [7]. Group 3: Impact on Daily Operations - The investment in short-term structured deposits will not affect the company's daily operations and is designed to ensure operational and financial safety [8]. - The company has conducted thorough assessments to ensure that the funds used for investment will not disrupt regular business activities [8]. Group 4: Previous Investment Activities - Within the past twelve months, the company and its subsidiaries have invested a total of 200 million RMB in short-term financial products, including the current investment [9].

证券代码：002820 证券简称：桂发祥 公告编号：2026-001 天津桂发祥十八街麻花食品股份有限公司 关于使用暂时闲置自有资金购买短期理财产品进展公告 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。 天津桂发祥十八街麻花食品股份有限公司（以下简称公司）于 2025 年 3 月 28 日召 开了第五届董事会第五次会议、第五届监事会第五次会议，审议通过《关于使用暂时闲 置自有资金购买短期理财产品的议案》，同意公司及控股子公司使用部分暂时闲置自有 资金购买安全性高的短期理财产品，额度不超过 20,000 万元人民币，购买理财产品的 额度在有效期内可以滚动使用。具体内容详见 2025 年 3 月 29 日发布于《中国证券报》 《证券时报》《上海证券报》《证券日报》和巨潮资讯网（http://www.cninfo.com.cn） 上的相关公告。 根据上述决议，公司及全资子公司桂发祥十八街麻花食品（天津）有限公司、天津 艾伦糕点食品有限公司分别与中信银行股份有限公司天津分行签订了协议，使用暂时闲置 自有资金共计人民币 20,000 万元购买结构性存款产品，现将具体情 ...

Group 1 - The leisure food sector increased by 0.56% on January 5, with "Hao Xiang Ni" leading the gains [1] - The Shanghai Composite Index closed at 4023.42, up 1.38%, while the Shenzhen Component Index closed at 13828.63, up 2.24% [1] - Key stocks in the leisure food sector showed various performance, with "Hao Xiang Ni" closing at 11.40, up 3.17%, and "Yan Jin Pu Zi" at 70.40, up 3.06% [1] Group 2 - The leisure food sector experienced a net outflow of 29.76 million yuan from institutional funds, while retail investors saw a net inflow of 51.79 million yuan [2] - "Xi Mai Food" and "Yuan Zu Co." were among the stocks that faced declines, with "Xi Mai Food" down 5.16% to 26.67 [2] - The trading volume and turnover for various stocks in the sector varied, with "Hao Xiang Ni" achieving a turnover of 367 million yuan [1][2] Group 3 - "Yan Jin Pu Zi" had a significant net outflow of 33.46 million yuan from institutional funds, while "Tao Li Mian Bao" saw a net inflow of 12.77 million yuan [3] - "Liang Pin Pu Zi" and "Gan Yuan Food" also recorded net inflows from retail investors, indicating some interest despite overall sector outflows [3] - The data reflects a mixed sentiment in the leisure food sector, with some stocks attracting retail interest while facing institutional selling pressure [3]

Core Viewpoint - The leisure food sector experienced a slight increase of 0.37% on December 31, with Yuanzu Co., Ltd. leading the gains. The Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1]. Group 1: Stock Performance - Yuanzu Co., Ltd. (603886) closed at 13.97, up 3.64%, with a trading volume of 132,300 shares and a transaction value of 184 million yuan [1]. - Ximai Food (002956) closed at 28.12, up 3.46%, with a trading volume of 42,100 shares and a transaction value of 117 million yuan [1]. - Ziyan Food (603057) closed at 20.34, up 2.21%, with a trading volume of 45,800 shares and a transaction value of 92.42 million yuan [1]. - Other notable stocks include Haoxiangni (002582) at 11.05, up 1.84%, and Laiyifen (603777) at 13.73, up 1.63% [1]. Group 2: Capital Flow - The leisure food sector saw a net outflow of 8.58 million yuan from institutional investors and a net outflow of 32.76 million yuan from speculative funds, while retail investors contributed a net inflow of 41.34 million yuan [2]. - Notable capital flows include Sanzhi Songshu (300783) with a net inflow of 6.78 million yuan from institutional investors, while it experienced a net outflow of 11.79 million yuan from retail investors [3]. - Lihai Food (300973) had a net inflow of 5.45 million yuan from institutional investors but faced a net outflow of 1.45 million yuan from retail investors [3].

Core Viewpoint - The leisure food sector experienced a slight increase of 0.02% on December 26, with Wancheng Group leading the gains, while the overall market indices also showed positive movement [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3963.68, up by 0.1% [1]. - The Shenzhen Component Index closed at 13603.89, up by 0.54% [1]. - Key stocks in the leisure food sector showed varied performance, with Wancheng Group closing at 202.40, up by 1.64% [1]. Group 2: Stock Performance Summary - Wancheng Group (300972) led the sector with a closing price of 202.40 and a gain of 1.64% [1]. - Other notable performers included Ximai Food (002956) at 27.08, up by 1.27%, and Laiyifen (603777) at 14.39, also up by 1.27% [1]. - Stocks such as Good Idea (002582) and Guilin Faxiang (002820) saw slight declines of 0.28% and 0.32%, respectively [1]. Group 3: Capital Flow Analysis - The leisure food sector saw a net outflow of 55.17 million yuan from institutional investors, while retail investors contributed a net inflow of 48.18 million yuan [2]. - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors showed interest [2]. Group 4: Individual Stock Capital Flow - Laiyifen (603777) experienced a significant net outflow of 42.53 million yuan from institutional investors, indicating a bearish sentiment [3]. - Wancheng Group (300972) had a net inflow of 2.78 million yuan from retail investors, suggesting some level of support from individual investors [3]. - Ximai Food (002956) saw a net inflow of 3.03 million yuan from institutional investors, reflecting positive interest [3].

Group 1 - The leisure food sector experienced a decline of 0.76% compared to the previous trading day, with Gui Faxiang leading the drop [1] - On the same day, the Shanghai Composite Index closed at 3919.98, up 0.07%, while the Shenzhen Component Index closed at 13368.99, up 0.27% [1] Group 2 - In terms of capital flow, the leisure food sector saw a net outflow of 201 million yuan from main funds, while retail investors contributed a net inflow of 299 million yuan [2] - Speculative funds experienced a net outflow of approximately 97.68 million yuan [2]

Core Viewpoint - Tianjin Guifaxiang Eighteenth Street Mahua Food Co., Ltd. has completed the registration of changes in business scope and has reissued its business license following the approval of its shareholders' meeting to expand its business operations and adjust its corporate governance structure [1][2]. Group 1: Company Information - The company held its first extraordinary shareholders' meeting of 2025 on November 28, 2025, where it approved the proposal to expand its business scope and amend its articles of association [1]. - The company has a registered capital of 286,829,500 RMB and was established on September 20, 1994 [1]. - The legal representative of the company is Li Lu, and its registered address is No. 32 Dongting Road, Hexi District, Tianjin [1]. Group 2: Business Scope - The company’s business scope includes food production and sales, which require approval from relevant authorities before operations can commence [1]. - Additional general business activities include renting counters and stalls, non-residential real estate leasing, labor services (excluding labor dispatch), technical services, cultural and artistic exchange activities, retail of arts and crafts (excluding ivory and its products), and import and export of goods [1].