Company Overview - Daodaoquan Grain and Oil Co., Ltd. is located in Changsha, Hunan Province, and was established on July 28, 1999. The company was listed on March 10, 2017. Its main business involves the research, production, and sales of edible vegetable oil products [1]. - The revenue composition of Daodaoquan includes: packaged oil 62.71%, meal products 22.45%, bulk oil 13.67%, and others 1.17% [1]. Financial Performance - For the period from January to September 2025, Daodaoquan achieved operating revenue of 4.397 billion yuan, representing a year-on-year growth of 4.62%. The net profit attributable to the parent company was 216 million yuan, showing a significant year-on-year increase of 93.69% [2]. - Since its A-share listing, Daodaoquan has distributed a total of 485 million yuan in dividends, with 234 million yuan distributed over the past three years [3]. Stock Performance - As of November 21, Daodaoquan's stock price decreased by 2.08%, trading at 10.35 yuan per share, with a total market capitalization of 3.56 billion yuan [1]. - Year-to-date, the stock price has increased by 30.09%, but it has seen declines of 5.39% over the last five trading days, 7.34% over the last 20 days, and 11.19% over the last 60 days [1]. - The number of shareholders as of November 10 was 23,800, an increase of 1.80% from the previous period, while the average circulating shares per person decreased by 1.77% to 11,990 shares [2]. Capital Flow - In terms of capital flow, there was a net outflow of 2.6036 million yuan from main funds, with large orders buying 1.4649 million yuan (5.59% of total) and selling 4.0685 million yuan (15.53% of total) [1].

Core Viewpoint - Dao Dao Quan (002852) has experienced a slight decline in stock price, closing at 10.94 yuan on November 14, 2025, with a trading volume of 40,300 shares and a turnover of 44.38 million yuan [1]. Group 1: Trading Information - On November 14, 2025, the net outflow of main funds was 6.07 million yuan, while retail investors saw a net inflow of 7.35 million yuan [2][5]. - The stock's turnover rate was 1.41% on the same day [1]. Group 2: Company Announcements - Dao Dao Quan held its third extraordinary general meeting on November 13, 2025, with 180 attendees representing 44.48% of the total voting shares [3][4]. - The meeting approved the proposal for engaging in commodity futures and derivatives trading for the year 2026, with 99.63% of the votes in favor [4][5]. - The legal opinion from Hunan Qiyuan Law Firm confirmed that the meeting's procedures and voting results were valid and compliant with regulations [3][4].

Core Points - The stock price of Daodaquan (002852) closed at 11.0 yuan on November 13, 2025, with a slight decrease of 0.09% and a trading volume of 51,700 shares, amounting to a total transaction value of 56.5362 million yuan [1]. Trading Information Summary - On November 13, 2025, the net outflow of funds from major investors was 7.9888 million yuan, while retail investors saw a net inflow of 10.5758 million yuan [1][3]. Company Announcement Summary - Daodaquan held its third extraordinary general meeting of shareholders for 2025 on November 13, 2025, with 180 shareholders present, representing 44.48% of the total voting shares. The meeting approved the proposal to engage in commodity futures and derivatives trading for the year 2026, with 99.6298% of the votes in favor. The approval rate among minority shareholders was 96.3497% [1][3].

Meeting Overview - The shareholder meeting is scheduled for November 13, 2025, at 15:00, lasting half a day [1] - The meeting will be held at the comprehensive conference room on the 10th floor of Building 9, Kailai International City, Xiangjiang Middle Road, Kaifu District, Changsha, Hunan Province [3] - Voting will be conducted through a combination of on-site and online methods [4] Attendance and Voting - A total of 180 shareholders participated in the meeting, representing 152,997,247 shares, which accounts for 44.48% of the total voting shares [7] - Of these, 6 shareholders attended the meeting in person, representing 134,092,966 shares (38.98% of total voting shares), while 174 shareholders voted online, representing 18,904,281 shares (5.50% of total voting shares) [7] - Among the attendees, 175 were small investors, representing 15,514,894 shares (4.51% of total voting shares) [8] Resolutions and Voting Results - The meeting approved the proposal for conducting commodity futures and derivatives trading for the year 2026 [11] - The voting results showed that 152,430,902 shares (99.63% of valid votes) were in favor, while 465,945 shares (0.30%) opposed, and 100,400 shares (0.07%) abstained [12] - For small shareholders, 14,948,549 shares (96.35%) voted in favor, 465,945 shares (3.00%) opposed, and 100,400 shares (0.65%) abstained [12] Legal Compliance - The meeting was witnessed by lawyers from Hunan Qiyuan Law Firm, who provided a legal opinion confirming that the meeting's procedures complied with relevant laws and regulations [13]

证券代码：002852 证券简称：道道全 公告编号：2025-【061】 道道全粮油股份有限公司 2025 年第三次临时股东会决议公告 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、特别提示 1、本次股东会无增加、变更或否决议案的情形。 2、本次股东会无变更以往股东会决议的情形。 二、会议召开和出席情况 （一）会议的召开情况 1、会议召开时间： （1）现场会议召开时间：2025 年 11 月 13 日（星期四）15:00，会期半 天。 （2）网络投票时间： ①通过深圳证券交易所互联网投票系统投票：2025 年 11 月 13 日 9:15— 15:00 期间的任意时间； ②通过深圳证券交易所交易系统进行网络投票：2025 年 11 月 13 日 9:15— 9:25，9:30—11:30 和 13:00—15:00。 2、现场会议召开地点：湖南省长沙市开福区湘江中路凯乐国际城 9 栋 10 楼综合会议室。 3、会议召开方式：现场投票和网络投票相结合的方式。 4、会议召集人：公司第四届董事会。 5、会议主持人：公司董事长刘建军先生。 6、会议召开的合法、合 ...

湖南启元律师事务所 关于 道道全粮油股份有限公司 2025年第三次临时股东会的 法律意见书 致：道道全粮油股份有限公司 湖南启元律师事务所（以下简称"本所"）接受道道全粮油股份有限公司（以下 简称"公司"）的委托，指派本所律师出席了公司 2025 年第三次临时股东会（以下简 称"本次股东会"），对本次股东会的召集和召开程序、出席会议人员及召集人的资格、 表决程序和表决结果的合法有效性进行现场律师见证，并发表本法律意见。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股 东会规则》"）等我国现行法律、法规、规范性文件以及《道道全粮油股份有限公司章 程》（以下简称"《公司章程》"）的有关规定出具本法律意见书。 本所律师声明如下： （一）本所律师根据本法律意见书出具日以前已经发生或者存在的事实，严格履 行了法定职责，遵循了勤勉尽责和诚实信用原则，进行了充分的核查验证，保证本法 律意见所认定的事实真实、准确、完整，所发表的结论性意见合法、准确，不存在虚 假记载、误导性陈述或者重大遗漏，并承担相应法律责任。 （二 ...

Group 1 - The stock price of Daodaquan (002852) closed at 10.82 yuan on November 7, 2025, with an increase of 0.65% and a turnover rate of 2.11% [1] - The trading volume was 60,200 shares, with a total transaction amount of 65.2527 million yuan [1] - On November 7, the net outflow of funds from major investors was 665,700 yuan, while retail investors had a net inflow of 1,857,200 yuan [2] Group 2 - Daodaquan announced a supplementary notice regarding its plan to engage in commodity futures and foreign exchange hedging business in 2026 [1] - The maximum amount for the commodity futures hedging business is set at 400 million yuan, which requires board approval, while amounts exceeding this limit must be approved by the shareholders' meeting [1][2] - The maximum amount for foreign exchange hedging is capped at 780,000 USD [1]

Summary of Key Points Core Viewpoint - The company Dao Dao Quan (002852) has seen a slight increase in stock price, with significant movements in shareholder activities and plans for future trading operations [1]. Trading Information - On November 6, Dao Dao Quan closed at 10.75 yuan, up by 0.19%, with a turnover rate of 1.65% and a trading volume of 47,100 shares, amounting to a total transaction value of 50.59 million yuan [1]. Fund Flow - On the same day, the main funds experienced a net outflow of 3.13 million yuan, while retail investors saw a net inflow of 3.41 million yuan [1][3]. Company Announcements - As of the announcement date, Hunan Xingchuang Investment Management Co., Ltd. has increased its holdings in Dao Dao Quan by 3,536,200 shares, representing 1.03% of the total share capital, with a total investment of 39.07 million yuan [1][3]. - The share buyback plan, initiated on August 6, 2025, has a duration of six months, with a minimum investment of 50 million yuan and a maximum of 100 million yuan, not exceeding 2% of the total share capital [1]. - The company has announced a supplementary notice regarding its commodity futures and derivatives trading for 2026, with a maximum margin for commodity futures hedging set at 400 million yuan and for foreign exchange hedging at 780,000 USD [1][3].

证券代码：002852 证券简称：道道全 公告编号：2025-【060】 道道全粮油股份有限公司 本次商品期货套期保值业务可循环使用的保证金最高额度不超过 40,000 万 元人民币。 本次外汇套期保值业务可循环使用的保证金最高额度不超过 780 万美元。 二、原"四、公司采取的风险控制"中第 3 点补充内容如下： 本次公司商品期货套期保值业务可循环使用的保证金最高额度不超过 40,000 万元人民币（含 40,000 万元人民币）的，由董事会审议批准；超过 40,000 万元人民币的，需提交公司股东会审议批准后实施。 除上述补充内容外，原公告中其他内容不变。 特此公告！ 道道全粮油股份有限公司 关于 2026 年度开展商品期货和衍生品交易业务的补充公告 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。 道道全粮油股份有限公司（以下简称"公司"）于 2025 年 10 月 28 日披露 了《关于 2026 年度开展商品期货和衍生品交易业务的公告》（公告编号： 2025-057），现对上述公告内容补充如下： 一、原"重要内容提示"中"4、交易金额"以及"一、商品期 ...

Core Viewpoint - Daodaoquan Grain and Oil Co., Ltd. plans to engage in commodity futures and derivatives trading in 2026 to mitigate raw material price fluctuations and exchange rate risks, with a maximum margin of 400 million RMB for commodity futures and 780,000 USD for foreign exchange hedging [1][2][6] Group 1: Business Purpose - The company aims to lock in raw material prices and exchange rate fluctuations that significantly impact its performance, utilizing futures and options to hedge against price volatility and foreign exchange risks [2][5] Group 2: Trading Products and Tools - The hedging will focus on raw materials and finished products relevant to the company's operations, including domestic futures contracts for soybeans, soybean meal, and various oils, as well as international contracts for U.S. soybeans and canola [3][4] Group 3: Transaction Amounts and Locations - The hedging activities will use a "revolving margin" model, with specified maximum margin amounts for commodity futures and foreign exchange, and will be conducted on domestic and international exchanges, including the Dalian Commodity Exchange and the Chicago Board of Trade [4][6] Group 4: Risk and Control - The company has identified seven major risks associated with the hedging activities and has implemented strict control measures, including aligning hedging with actual business operations and establishing internal control systems to prevent speculative trading [5][6] Group 5: Review Process - The board of directors has approved the proposal for hedging activities, which will require shareholder approval before implementation, emphasizing the goal of stabilizing profits amid market fluctuations [6]