Group 1 - The core business of the company includes the production, processing, sales of dairy products and dairy cattle breeding, with main products being pasteurized milk, sterilized milk, and various liquid dairy products [1] - As of May 26, the company's stock closed at 9.11 yuan, up 1.56%, with a latest price-to-book ratio of 1.67 and a total market capitalization of 1.781 billion yuan [1] - The latest quarterly report for Q1 2025 shows the company achieved operating revenue of 210 million yuan, a year-on-year decrease of 6.61%, and a net loss of approximately 25.95 million yuan, a year-on-year increase of 41.85%, with a gross profit margin of 19.93% [1] Group 2 - The company has a negative trailing twelve months (TTM) price-to-earnings (PE) ratio of -12.07, compared to the industry average of 41.54 [2] - The company's market capitalization stands at 1.781 billion yuan, which is significantly lower than the industry median of 5.435 billion yuan [2] - The company is classified as a key leading enterprise in agricultural industrialization [1]

上海中联（兰州）律师事务所 见证法律意见书 上海 重庆 广州 贵阳 成都 昆明 天津 南昌 大连 郑州 海口 武汉 兰州 合肥 西安 南京 深圳 北京 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 2024 年度股东大会的 见证法律意见书 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"）2024 年度股东大会定于 受公司的委托，指派田哲元律师、孟婷玉律师（以下简称"本所律师"）出席本 次股东大会。 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》")、《上市公司股东大会规则》 (以下简称"《股东大会规则》")及其他现行有效的法律、法规和规范性法律文 件及《兰州庄园牧场股份有限公司章程》（以下简称"《公司章程》"）的规定 出具《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 2024 年度 股东大会的见证法律意见书》（以下简称"本《法律意见书》"）。 本所律师按照中 ...

Meeting Information - The 2024 Annual General Meeting of the company is scheduled for May 23, 2025, at 14:30 [1] - The meeting will be held at the Gansu Provincial Chamber of Commerce Building, 26th Floor, Multimedia Conference Room, Lanzhou, Gansu Province [1] - The meeting will combine on-site voting and online voting [1] Attendance and Voting Results - A total of 125 shareholders and their proxies attended the meeting, representing 105,229,665 shares, which is 54.3586% of the total voting shares [2] - On-site attendees included 4 shareholders representing 104,879,165 shares, accounting for 54.1776% of the total voting shares [2] - Online voting included 121 A-share shareholders representing a significant portion of the voting shares [2] Proposal Voting Outcomes - The proposals were approved with a high level of agreement, with A-share shareholders voting 105,160,665 shares in favor, representing 99.9344% of the valid votes [2] - The dissenting votes were 44,000 shares, accounting for 0.0418%, and 25,000 shares were abstained [2] - A-share minority investors showed similar support, with 4,136,900 shares in favor, representing 98.3594% of their valid votes [3] Legal Compliance - The legal representatives confirmed that the voting procedures and results complied with relevant laws and regulations, including the Company Law and the Articles of Association [12]

Group 1 - The company has violated the stock listing rules and self-regulatory guidelines as per the Shenzhen Stock Exchange [1] - The revenue composition for the company in 2024 is 97.5% from liquid milk and dairy products manufacturing, and 2.5% from other businesses [1] Group 2 - The Shenzhen Stock Exchange issued a regulatory letter to Ma Hongfu regarding a share transfer agreement that could change the company's control [3] - The share transfer agreement stipulated minimum net profit commitments for the years 2021, 2022, and 2023, which were not met, resulting in a cash compensation obligation of 20.31 million yuan [3] - As of now, there is an overdue compensation amount of 13.61 million yuan that has not been paid [3]

证券代码：002910 证券简称：庄园牧场 公告编号：2025-028 兰州庄园牧场股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证公告内容真实、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.本次股东大会无增加、否决议案的情形。 2.本次股东大会不涉及变更前次股东大会决议的情形。 一、会议召开和出席情况 1.2024 年度股东大会召开情况 （1）兰州庄园牧场股份有限公司（以下简称"公司"）2024 年度股东 大会会议召开的时间： ①现场会议召开时间：2025 年 5 月 23 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 5 月 23 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 5 月 23 日上午 9:15 至下午 15:00。 （2）会议召开地点：甘肃省兰州市城关区雁园路 601 号甘肃省商会大厦 B 座 26 层多媒体会议室 （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）股东大会的召集人：公司董事会 （ ...

关于兰州庄园牧场股份有限公司 2024 年度股东大会 的 见证法律意见书 2025LZ 法律意见书 048 号 上海 重庆 广州 贵阳 成都 昆明 天津 南昌 大连 郑州 海口 武汉 兰州 合肥 西安 南京 深圳 北京 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 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 2024 年度股东大会的 见证法律意见书 2025LZ 法律意见书 048 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"）2024 年度股东大会定于 2025 年 5 月 23 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，指派田哲元律师、孟婷玉律师（以下简称"本所律师"）出席本 次股东大会。 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》")、《上市公司股东大会规则》 (以下简称"《股东大会规则》")及其他现行有效的法律、法规和规范性法律文 件及《 ...

序号股票简称PE(TTM)PE(静)市净率总市值(元)18庄园牧场-12.31-10.931.7018.17亿行业平均 41.5642.465.42142.80亿行业中值32.3034.372.6055.04亿1龙大美食-1459.16299.524.8564.75亿2新诺 威-1132.031100.6415.96591.33亿3骑士乳业-165.56-310.253.3023.87亿4好想你-117.57-73.111.4652.61亿5益 客食品-100.9349.892.9349.97亿6天润乳业-92.5372.461.3631.63亿7均瑶健康-86.91-132.402.1738.55亿8得 利斯-77.83-86.411.2729.10亿9惠发食品-75.15-138.505.3122.97亿10祖名股份-58.23-94.422.3823.73亿11海 欣食品-51.95-64.842.2323.95亿 本文源自：金融界 作者：行情君 5月19日，庄园牧场今日收盘9.29元，上涨2.43%，最新市净率1.70，创16天以来新低，总市值18.17亿 元。 资金流向方面，5月19日，庄园牧场主力 ...

Core Viewpoint - The dairy industry in China is facing challenges such as increased competition and rising costs, impacting companies like Zhuangyuan Pasture, which reported a significant net loss in 2024 despite efforts to maintain a high supply rate of self-produced raw milk [1][2]. Company Performance - In 2024, Zhuangyuan Pasture achieved an operating income of 890 million yuan and a net profit attributable to shareholders of -166 million yuan. In Q1 of the same year, the company reported an operating income of 210 million yuan and a net profit of -26 million yuan, indicating a significant reduction in losses year-on-year [1]. - The company has been facing pressures from an imbalance in raw milk supply and demand, changes in consumer structure, and increased marketing expenses, which have further squeezed profit margins [1]. Industry Context - China has become a major producer and consumer of dairy products, but per capita consumption remains low compared to developed countries, indicating significant growth potential in the market [2]. - The overall dairy industry is under pressure due to weak consumer demand and intensified market competition, with only 6 out of 19 A-share dairy companies reporting positive net profit growth in 2024 [1]. Strategic Initiatives - Zhuangyuan Pasture is focusing on enhancing its core business, improving governance, and implementing quality enhancement actions to boost operational capabilities and market influence [3]. - The company plans to adopt multiple strategies to achieve profitability, including learning advanced breeding techniques, optimizing resource allocation, and improving marketing effectiveness [4]. - There is an emphasis on diversifying product offerings to meet the evolving needs of consumers, moving beyond traditional products to include functional dairy products [5].

Group 1: Industry Trends and Company Strategy - The dairy industry is focusing on strengthening supply chain integration, enhancing upstream milk source control, and expanding downstream sales channels to improve brand influence and market competitiveness [3][4]. - The company aims to consolidate its regional advantages and accelerate nationwide market expansion through five core directions: milk industry integration, specialty breeding, QACP management system, product innovation, and marketing [3][5]. Group 2: Financial Performance - In 2024, the company reported a revenue of 890 million CNY and a net loss of 167 million CNY [7]. - The primary reasons for the loss include an imbalance in raw milk supply and demand, changes in consumer structure, intensified market competition, and rising costs [5][6]. Group 3: Future Plans and Profit Growth Drivers - The company plans to implement comprehensive measures to achieve profitability, including learning advanced breeding techniques, optimizing resource allocation, and enhancing marketing effectiveness [6][5]. - Key drivers for future profit growth include advancing industry upgrades, strict cost control, and expanding market presence beyond the Northwest region [6][5].

证券代码：002910 证券简称：庄园牧场 公告编号：2025-026 兰州庄园牧场股份有限公司关于投资设立 公司暨关联交易的公告 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。 重要内容提示： 关联方甘肃甘味产业发展有限公司（以下简称"甘味公司"）共同出资 300 万 元人民币设立甘肃甘味茶运营管理有限公司（暂定名，具体以工商注册登记为 准，以下简称:"合资公司"）。其中，公司拟以自有资金出资 90 万元，持有 合资公司 30%股权，甘味公司拟以自有资金出资 210 万元，持有合资公司 70%股 权。本次共同投资完成后，合资公司不纳入公司合并报表范围内。 团有限责任公司，符合《深圳证券交易所股票上市规则》规定的关联关系情形， 本次交易构成关联交易。 不确定性。其相关业务尚未开展，未来实际经营中可能面临宏观经济、行业政 策、市场变化及其他不可抗力因素等多方面影响，投资收益存在不确定性，敬 请广大投资者注意投资风险。 一、关联交易概述 公司性质：有限责任公司 法定代表人：文霞 注册地址： 公司与关联方甘味公司于 2025 年 5 月 9 日签订《合作协议》，拟共 ...