Core Points - Daodaoquan's stock closed at 10.68 yuan, with a decline of 6.32%, resulting in a total market capitalization of 3.674 billion yuan [1] - The stock is currently in a state of breaking its initial public offering price [1] Fundraising and Financials - Daodaoquan was listed on the Shenzhen Stock Exchange on March 10, 2017, with an issuance of 25 million shares at a price of 47.30 yuan per share, raising a total of 1.1825 billion yuan [1] - After deducting issuance costs of 65.86 million yuan, the net fundraising amount was 1.11664 billion yuan, allocated for various projects including a comprehensive edible oil processing project in Yueyang and a 600 tons/day refining project in Chongqing [1] - The total issuance costs amounted to 65.86 million yuan, with underwriting and sponsorship fees of 53.76 million yuan [1] Subsequent Issuance - In November 2021, Daodaoquan conducted a non-public offering of 70 million shares at a price of 11.31 yuan per share, raising a total of 791.7 million yuan [2] - After deducting underwriting and sponsorship fees of approximately 10.1 million yuan and other expenses of about 1.68 million yuan, the actual net fundraising amount was approximately 779.92 million yuan [2] - The funds from this issuance were confirmed by Tianzhi International Accounting Firm [2] Profit Distribution - Daodaoquan announced a profit distribution plan in June 2018, distributing 2.30 yuan in cash for every 10 shares and a capital reserve conversion of 7 shares for every 10 shares based on a total share capital of 170 million shares [3] - In October 2017, the company also distributed 4.10 yuan in cash for every 10 shares and converted 7 shares for every 10 shares based on a total share capital of 100 million shares [3]

Core Viewpoint - The company, Daodaoquan Grain and Oil Co., Ltd., reported strong growth in its Q3 2025 performance, driven by its core packaging oil business and effective cost management, laying a solid foundation for future development [1][2] Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 4.397 billion yuan, a year-on-year increase of 4.62% [1] - The net profit attributable to shareholders reached 216 million yuan, up 93.69% year-on-year, while the net profit excluding non-recurring gains and losses increased to 203 million yuan, reflecting a significant year-on-year growth of 159.22% [1] - In Q3 2025, the company reported a revenue of 1.605 billion yuan, representing an 11.25% year-on-year growth [1] - The net profit attributable to shareholders in Q3 was 34.93 million yuan, a decline of 58.51% year-on-year, while the net profit excluding non-recurring gains and losses decreased by 5.80% [1] Business Strategy - The core packaging oil segment continues to show robust growth, with both sales volume and revenue achieving double-digit year-on-year increases, reinforcing its role as the company's operational cornerstone [2] - The company plans to focus on three strategic directions: deepening core business layout, enhancing cost and risk management, and accelerating nationwide market penetration [2] - The company aims to optimize its product structure by emphasizing healthy oil products to meet consumer upgrade demands [2] Leadership Perspective - The chairman of the company expressed confidence in the industry outlook and the company's competitive strength, emphasizing a commitment to solid operations and transparent communication to navigate market challenges [2] - The company is dedicated to its principles of integrity, innovation, and win-win cooperation, aiming to respond proactively to market changes and provide higher quality products for consumers [2]

Core Insights - The company reported a revenue of 4.397 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 4.62% [1] - Net profit attributable to shareholders reached 216 million yuan, showing a significant year-on-year growth of 93.69% [1] - The company’s net profit, excluding non-recurring gains and losses, was 203 million yuan, reflecting a substantial increase of 159.22% year-on-year [1] Financial Performance - In Q3 2025, the company achieved a revenue of 1.605 billion yuan, which is an 11.25% increase compared to the same quarter last year [1] - The net profit attributable to shareholders in Q3 was 34.93 million yuan, a decline of 58.51% year-on-year [1] - The net profit, excluding non-recurring gains and losses, decreased by 5.80% year-on-year [1] Cost Management - The company successfully reduced sales expenses by 18.93% and financial expenses by 87.33% [1] Business Segments - The core packaging oil segment demonstrated robust growth, with both sales volume and revenue achieving double-digit year-on-year increases [1] Strategic Outlook - The company plans to focus on its core business, innovate, and maintain stable operations in response to market changes [1] - Future strategies include deepening core business layout, expanding the packaging oil market, optimizing product structure, enhancing cost and risk management, and accelerating market penetration [1][2]

Core Insights - Daodaoquan Grain and Oil Co., Ltd. reported strong growth in its Q3 2025 results, driven by its core packaging oil segment and effective cost management, establishing a solid foundation for annual development [1][2] Financial Performance - For the first three quarters, the company achieved a revenue of 4.397 billion yuan, representing a year-on-year increase of 4.62% [1] - The net profit attributable to shareholders reached 216 million yuan, a significant year-on-year growth of 93.69% [1] - The net profit after excluding non-recurring gains and losses increased to 203 million yuan, marking a 159.22% year-on-year growth, indicating improved profit quality [1] - Sales expenses decreased by 18.93% year-on-year, while financial expenses dropped by 87.32%, showcasing effective management and enhanced capital efficiency [1] Business Strategy - The company aims to focus on its core business, drive innovation, and maintain stable operations through three main strategies: 1. Deepening the core business layout by expanding the packaging oil market and optimizing product structure, particularly in health-oriented oil products to meet consumer upgrade demands [2] 2. Strengthening cost and risk management by enhancing collaboration across procurement, production, and logistics, and improving hedging strategies to boost risk resilience [2] 3. Accelerating nationwide market penetration and enhancing channel services and consumer engagement to continuously unlock growth potential [2] - The chairman emphasized the commitment to solid operations and transparent communication to face market challenges and pursue high-quality development [2]

Core Viewpoint - DaDaQian reported its Q3 2025 financial results, showing a mixed performance with revenue growth but a significant decline in net profit [2] Financial Performance - In Q3 2025, the company achieved a revenue of 1.605 billion yuan, representing a year-on-year increase of 11.25% [2] - The net profit attributable to shareholders for Q3 was 34.93 million yuan, reflecting a year-on-year decrease of 58.61% [2] - For the first three quarters of 2025, the company recorded a total revenue of 4.397 billion yuan, which is a year-on-year growth of 4.62% [2] - The net profit attributable to shareholders for the first three quarters was 216 million yuan, showing a year-on-year increase of 93.69% [2]

Group 1 - The company Dao Dao Quan announced the convening of its 11th board meeting on October 27, 2025, to discuss the establishment of a "Trust Investment Management System" [1] - For the first half of 2025, Dao Dao Quan's revenue composition was 99.33% from food processing and 0.67% from other industries [1] Group 2 - As of the latest report, Dao Dao Quan has a market capitalization of 3.9 billion yuan [2]

Group 1 - The core point of the article highlights the financial performance of Daodaoquan, with a revenue of approximately 4.397 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 4.62% [1] - The net profit attributable to shareholders of the listed company is about 216 million yuan, showing a significant year-on-year increase of 93.69% [1] - The basic earnings per share reached 0.63 yuan, which is an increase of 96.88% compared to the previous year [1] Group 2 - As of the report, Daodaoquan has a market capitalization of 3.9 billion yuan [2]

招商证券股份有限公司 关于道道全粮油股份有限公司 1 | 靖江食用油加工综合项目一期（精炼和包装） | 60,061.90 | 20,000.00 | | --- | --- | --- | | 岳阳食用油加工项目二期 | 31,037.52 | 10,000.00 | | 茂名食用油加工项目 | 99,506.60 | 32,991.50 | | 补充流动资金 | 20,000.00 | 15,000.00 | | 合计 | 210,606.02 | 77,991.50 | 使用部分闲置募集资金暂时补充流动资金的核查意见 招商证券股份有限公司（以下简称"招商证券"、"保荐机构"）作为道道 全粮油股份有限公司（以下简称"道道全"、"公司"）非公开发行 A 股股票 的保荐机构，根据《证券发行上市保荐业务管理办法》《上市公司募集资金监管 规则》《深圳证券交易所股票上市规则》以及《深圳证券交易所上市公司自律监 管指引第 1 号——主板上市公司规范运作》等有关规定，对道道全拟使用部分闲 置募集资金暂时补充流动资金事项进行了审慎核查，具体核查情况如下： 一、本次募集资金基本情况 经中国证券监督管理委员会《关于核准道道全 ...

Core Insights - The company reported third-quarter revenue of 1.605 billion yuan, representing a year-on-year increase of 11.25% [1] - Net profit for the third quarter was 34.9287 million yuan, showing a year-on-year decline of 58.51% [1] - For the first three quarters, the company achieved revenue of 4.397 billion yuan, which is a year-on-year growth of 4.62% [1] - Net profit for the first three quarters reached 216 million yuan, marking a significant year-on-year increase of 93.69% [1]

委托理财管理制度 第一章 总则 第一条 为规范道道全粮油股份有限公司（以下简称"公司"）委托理财业务的管理， 有效控制风险，提高投资收益，维护公司及股东利益，依据《中华人民共和国证券法》《深 圳证券交易所股票上市规则》等法律、行政法规、规范性文件及《公司章程》的有关规定， 结合公司的实际情况，特制定本制度。 第二条 本制度所称委托理财是指公司委托银行、信托、证券、基金、期货、保险资产 管理机构、金融资产投资公司、私募基金管理人等专业理财机构对其财产进行投资和管理或 者购买相关理财产品的行为。 第三条 公司从事委托理财坚持"规范运作、防范风险、谨慎投资、保值增值"的原则， 以不影响公司正常经营和主营业务的发展为先决条件。 公司进行委托理财，必须充分防范风险，购买的产品不得涉及深圳证券交易所（以下简 称"深交所"）等监管机构明确限制不得投资的产品。 第四条 委托理财资金的来源应是公司自有闲置资金或暂时闲置的募集资金（含超募资 金），不得挤占公司正常运营和项目建设资金，也不得影响募集资金项目使用进度。原则上 暂时闲置的募集资金只能投资于商业银行发行的理财产品，且符合《上市公司募集资金监管 规则》及公司《募集资金管理 ...