Core Viewpoint - The company, Lanzhou Zhuangyuan Pasture Co., Ltd., is leveraging new marketing strategies and product diversification to enhance its market presence in the dairy industry, while also exploring opportunities in the pet food sector amidst rising costs and competition in traditional dairy markets [2][3]. Company Overview - Lanzhou Zhuangyuan Pasture Co., Ltd. primarily engages in the production, processing, and sales of dairy products and dairy beverages, including pasteurized milk, sterilized milk, and fermented milk, under brands such as "Zhuangyuan Pasture," "Shenghu," and "Dongfang Duoxian Zhuangyuan" [2][3][9]. - The company is a state-owned enterprise controlled by the Gansu Provincial Government's State-owned Assets Supervision and Administration Commission [4]. Financial Performance - For the first half of 2024, the company reported a revenue of 420 million yuan, a year-on-year decrease of 1.31%, while the net profit attributable to shareholders was a loss of 27.67 million yuan, showing a year-on-year increase of 68.50% in losses [9]. - The company's main revenue sources include sterilized milk (37.04%), fermented milk (24.37%), and adjusted milk (22.21%) [9]. Market Strategy - The company has implemented integrated marketing strategies, including collaborations with tourism routes to promote new products and enhance market expansion through online and offline channels [2][3]. - The launch of the pet food brand "Safiyy," featuring a unique "milk beef" ingredient, marks the company's entry into the pet food market, capitalizing on emerging opportunities [3]. Market Position - Zhuangyuan Pasture has established itself as a leading dairy product company in Gansu and Qinghai, with a market share of approximately 20% [3].

Meeting Overview - The 2025 First Extraordinary General Meeting of Shareholders of Lanzhou Zhuangyuan Pastoral Co., Ltd. was held on September 26, 2025, at 14:30 [4][5] - The meeting combined on-site voting and online voting, with a total of 76 shareholders and proxies attending, representing 105,472,365 shares, which is 54.4840% of the total voting shares [6] Proposal Voting Results - The proposal to conclude the 2020 non-public issuance of A-shares and permanently supplement the remaining raised funds into working capital was approved with 99.9909% of votes in favor [8] - The proposal to elect a non-independent director for the fifth board of directors was approved with 99.9899% of votes in favor [9][10] - The proposal to amend the company's independent director work system was approved with 99.9858% of votes in favor [11][12] - The proposal to establish the company's external donation management measures was approved with 99.9827% of votes in favor [13][14] - The proposal to amend the company's external guarantee management system was approved with 99.9845% of votes in favor [15][16] - The proposal to amend the company's related party transaction management system was approved with 99.9867% of votes in favor [17][18] - The proposal to amend the company's fundraising usage management system was approved with 99.9896% of votes in favor [19][20] - The proposal to amend the company's management system for preventing major shareholders and related parties from occupying company funds was approved with 99.9899% of votes in favor [21][22] - The proposal to amend the company's accountant selection system was approved with 99.9870% of votes in favor [23][24] Legal Opinion - The lawyers from Shanghai Zhonglian (Lanzhou) Law Firm confirmed that the meeting's procedures, attendance qualifications, and voting results complied with relevant laws and regulations, deeming the voting results valid [23][24]

证券代码：002910 证券简称：庄园牧场 公告编号：2025-052 兰州庄园牧场股份有限公司 2025 年第一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、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 特别提示： 1.本次股东会无增加、否决议案的情形。 2.本次股东会不涉及变更前次股东会决议的情形。 一、会议召开和出席情况 1.2025 年第一次临时股东会召开情况 （1）兰州庄园牧场股份有限公司（以下简称"公司"）2025 年第一次 临时股东会会议召开的时间： ①现场会议召开时间：2025 年 9 月 26 日下午 14:30 ②网络投票时间： 通过深圳证券交易所交易系统网络投票时间：2025 年 9 月 26 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00；通过深圳证券交易所互联网投 票系统投票时间：2025 年 9 月 26 日上午 9:15 至下午 15:00。 （3）会议召开方式：采用现场表决与网络投票相结合的方式 （4）股东会的召集人：公司董事会 （5）会议主持人：董事长杨毅先生 （6）本次会议的召集和召开程序符合《公司法》《上市公司 ...

上海中联（兰州）律师事务所 关于兰州庄园牧场股份有限公司 2025 年第一次临时 股东会的 见证法律意见书 2025LZ 法律意见书 100 号 上海 重庆 广州 贵阳 成都 昆明 天津 大连 郑州 海口 武汉 兰州 合肥 西安 南京 深圳 北京 厦门 乌鲁木齐 甘肃省兰州市城关区飞雁街 98 号紫光科技大厦 20 层（730010） T:+ 86（0931）5172928 www.sgla.com 上海中联（兰州）律师事务所 关于兰州庄园牧场股份有限公司 2025 年第一次临时股东会的 见证法律意见书 2025LZ 法律意见书 100 号 致：兰州庄园牧场股份有限公司 兰州庄园牧场股份有限公司（以下简称"公司"）2025 年第一次临时股东 会定于 2025 年 9 月 26 日召开，上海中联（兰州）律师事务所（以下简称"本所"） 接受公司的委托，指派霍吉栋律师、田哲元律师（以下简称"本所律师"）出席 本次股东会。 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》")及其他现行有效的法律、法 ...

Company Overview - Zhuangyuan Pastoral is located in Lanzhou, Gansu Province, and was established on April 25, 2000, with its listing date on October 31, 2017 [2] - The company specializes in the production, processing, and sales of dairy products and dairy beverages, as well as dairy cattle breeding [2] - Main business revenue composition includes: sterilized milk 37.04%, fermented milk 24.37%, formulated milk 22.21%, pasteurized milk 8.20%, fresh milk 4.60%, others 2.77%, and dairy beverages 0.81% [2] Stock Performance - As of September 26, the stock price of Zhuangyuan Pastoral increased by 2.24%, reaching 9.58 CNY per share, with a total market value of 1.873 billion CNY [1] - Year-to-date, the stock price has risen by 27.22%, with a 0.42% increase over the last five trading days, a 1.34% decrease over the last 20 days, and a 0.74% increase over the last 60 days [1] Financial Performance - For the first half of 2025, Zhuangyuan Pastoral reported operating revenue of 420 million CNY, a year-on-year decrease of 1.31%, and a net profit attributable to shareholders of -27.67 million CNY, a year-on-year increase of 68.50% [2] - Cumulative cash dividends since the A-share listing amount to 64.69 million CNY, with 12.20 million CNY distributed over the last three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders is 20,800, a decrease of 17.22% from the previous period, with an average of 8,237 circulating shares per person, an increase of 20.81% [2] - Among the top ten circulating shareholders, Nuoan Multi-Strategy Mixed A (320016) is the fifth largest, holding 1.0996 million shares as a new shareholder [3] Market Activity - Zhuangyuan Pastoral has appeared on the stock market's "Dragon and Tiger List" seven times this year, with the most recent appearance on April 25 [2]

Group 1 - The company, Zhuangyuan Pasture (002910), announced on the evening of September 23 that it has no overdue guarantees [1] - The company confirmed that there are no illegal guarantees in place [1] - There are no guarantees related to lawsuits or obligations arising from judgments against the company [1]

证券代码：002910 证券简称：庄园牧场 公告编号：2025-051 兰州庄园牧场股份有限公司 关于担保事项的进展公告 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。 一、担保情况概述 兰州庄园牧场股份有限公司（以下简称"公司"）于 2025 年 6 月 20 日召 开第五届董事会第八次临时会议，审议通过了《关于对全资子公司和全资孙公 司提供担保的议案》。同意公司为全资子公司兰州庄园乳业有限公司（以下简 称"庄园乳业"）的贷款事项提供不超过人民币 6,500 万元的连带责任保证。 具体内容详见公司于 2025 年 6 月 21 日在《证券时报》《证券日报》《中国证 券报》《上海证券报》及巨潮资讯网（www.cninfo.com.cn）披露的《兰州庄园 牧场股份有限公司关于对全资子公司和全资孙公司提供担保的公告》（公告编 号：2025-033）。 二、担保进展情况 兰州庄园乳业有限公司 1.类型：有限责任公司 2.住所：甘肃省兰州市榆中县城关镇三角城村三角城社 398-1 号 3.法定代表人：马刚 4.注册资本：1,000 万元 5.成立日期：2024 年 7 ...

Group 1 - The company approved a resolution to provide a joint liability guarantee for its wholly-owned subsidiary, Lanzhou Manor Dairy Co., Ltd., with a loan limit not exceeding 65 million yuan [1] - The company signed a maximum guarantee contract with Bank of China, Lanzhou Yellow River Central Branch, to provide a guarantee for the subsidiary's debt with a maximum principal limit of 20 million yuan [1] - As of June 30, 2025, the total assets of Lanzhou Manor Dairy amounted to 588.544 million yuan, with total liabilities of 274.8899 million yuan, resulting in a debt-to-asset ratio of 46.71% [1] Group 2 - As of the announcement date, the company had no external guarantees (excluding subsidiaries), and the total guarantee for subsidiaries, including this one, is expected to be less than 400 million yuan, which is within 40% of net assets [1] - There are no overdue or bad guarantee situations reported [1]

Core Viewpoint - The stock price of Zhuangyuan Pastoral has been declining for four consecutive days, with a total drop of 7.76% during this period, indicating potential concerns regarding the company's performance and market sentiment [1]. Company Overview - Zhuangyuan Pastoral, established on April 25, 2000, and listed on October 31, 2017, is located in Lanzhou, Gansu Province. The company specializes in the production, processing, and sales of dairy products and dairy beverages, as well as dairy cattle breeding [1]. - The revenue composition of Zhuangyuan Pastoral includes: sterilized milk (37.04%), fermented milk (24.37%), formulated milk (22.21%), pasteurized milk (8.20%), fresh milk (4.60%), other products (2.77%), and dairy beverages (0.81%) [1]. Shareholder Analysis - Noan Fund's Noan Multi-Strategy Mixed A (320016) has entered the top ten circulating shareholders of Zhuangyuan Pastoral, holding 1.0996 million shares, which accounts for 0.64% of the circulating shares. The fund has incurred a floating loss of approximately 296,900 yuan today and a total floating loss of 857,700 yuan over the four-day decline [2]. - Noan Multi-Strategy Mixed A was established on August 9, 2011, with a current scale of 1.399 billion yuan. Year-to-date returns are 58.29%, ranking 568 out of 8,244 in its category, while the one-year return is 115.6%, ranking 325 out of 8,066 [2]. - The fund managers, Kong Xianzheng and Wang Haichang, have tenures of 4 years and 3 years respectively, with varying performance metrics during their management periods [2].

Market Overview - The beverage and dairy sector experienced a decline of 1.94% on September 22, with Huanlejia leading the drop [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] Individual Stock Performance - Huanlejia (300997) closed at 18.20, down 5.99% with a trading volume of 151,400 shares and a turnover of 283 million yuan [1] - Dongpeng Beverage (605499) closed at 287.85, down 3.84% with a trading volume of 26,500 shares and a turnover of 769 million yuan [1] - Panda Dairy (300898) closed at 27.63, down 3.09% with a trading volume of 44,300 shares and a turnover of 123 million yuan [1] - Junuan Health (605388) closed at 7.71, down 3.02% with a trading volume of 144,800 shares and a turnover of 112 million yuan [1] - Liziyuan (605337) closed at 12.89, down 2.86% with a trading volume of 66,300 shares and a turnover of 85.84 million yuan [1] - Zhuangyuan Pasture (002910) closed at 9.27, down 2.83% with a trading volume of 50,600 shares and a turnover of 47.11 million yuan [1] - Knight Dairy (832786) closed at 10.26, down 2.56% with a trading volume of 76,100 shares and a turnover of 78.86 million yuan [1] - Pinwu Food (300892) closed at 35.86, down 2.40% with a trading volume of 35,500 shares and a turnover of 127 million yuan [1] - Western Pasture (300106) closed at 11.22, down 2.35% with a trading volume of 80,300 shares and a turnover of 90.43 million yuan [1] - New Dairy (002946) closed at 16.91, down 1.97% with a trading volume of 84,100 shares and a turnover of 142 million yuan [1] Capital Flow Analysis - The beverage and dairy sector saw a net outflow of 255 million yuan from institutional investors, while retail investors had a net inflow of 216 million yuan [1] - The sector experienced a net inflow of 39.29 million yuan from speculative funds [1] Individual Stock Capital Flow - Yili Group (600887) had a net inflow of 17.86 million yuan from institutional investors, while retail investors saw a net outflow of 78.97 million yuan [2] - Yangyuan Beverage (603156) had a net inflow of 2.57 million yuan from institutional investors, with retail investors experiencing a net outflow of 5.63 million yuan [2] - Tianrun Dairy (600419) had a net outflow of 0.76 million yuan from institutional investors, while retail investors had a net outflow of 2.20 million yuan [2] - Sanyuan Foods (600429) had a net outflow of 2.32 million yuan from institutional investors, with retail investors experiencing a net outflow of 1.70 million yuan [2] - Xiangpiaopiao (603711) had a significant net outflow of 5.23 million yuan from institutional investors, while retail investors had a net inflow of 4.24 million yuan [2]