Investment Rating - The report rates the industry as "Buy" [5] Core Insights - The 2026 Spring Festival consumption exceeded expectations, with service consumption leading the growth, driven by a significant increase in dining and travel demand [2][7] - The report highlights a notable recovery in the travel sector, with an expected total of 9.5 billion people traveling during the Spring Festival, marking a historical high [10][12] - The report emphasizes the importance of quality and experience in consumer spending, with a shift towards premium products and services [7][19] Summary by Sections 1. Spring Festival Consumption Trends - The Spring Festival holiday from February 15 to 23, 2026, saw a "good start" in consumption, with key retail and dining enterprises reporting a 10.6% increase in average daily sales compared to the same period in 2025 [10][22] - The first four days of the holiday recorded an 8.6% increase in average daily sales for key retail and dining enterprises compared to the previous year [10][19] - Government initiatives, including a 20.5 billion yuan fund for consumer subsidies, significantly boosted consumer spending [11][10] 2. Baijiu (Chinese Liquor) Market - The Baijiu market showed signs of improvement, with a narrowing decline compared to previous major holidays, although brand differentiation became more pronounced [27][30] - High-end Baijiu brands like Moutai and Wuliangye continued to lead the market, with a focus on price elasticity and rational consumer behavior [27][30] - The report identifies three key changes in the Baijiu market: increased importance of personal consumption, a more relaxed approach from manufacturers regarding sales targets, and improved channel sentiment [30][31] 3. Snack and Food Market - The snack market is expected to benefit from an extended peak season, with a longer preparation and sales cycle compared to 2025 [33][34] - Offline channels, particularly membership-based supermarkets and discount stores, are performing better than online channels, with significant growth in sales during the holiday period [34][35] - The report notes a diversification in snack offerings, with strong performance in high-quality nut gift boxes and innovative packaging strategies enhancing brand visibility [35][36]

证券日报网讯 2月13日，劲仔食品在互动平台回答投资者提问时表示，截至2026年2月10日，公司股东 人数为29990户。 （文章来源：证券日报） ...

Group 1 - The core point of the article is that as of February 10, 2026, the number of shareholders for Jinzhai Food reached 29,990 households [2]

Core Viewpoint - The upcoming Spring Festival is driving a sales peak in the snack industry, with various channels actively stocking up and nut gift boxes selling well [1] Group 1: Industry Trends - The leisure snack sector is experiencing a surge in sales as the Spring Festival approaches, leading to increased inventory across multiple channels [1] - Supermarket channels are seeing a significant rise in bulk snack sales, indicating strong consumer demand [1] Group 2: Company Insights - Wancheng Group has initiated its New Year Festival promotions from early January, resulting in increased store sales and customer traffic [1] - Jinzhai Foods has ramped up production across its three major production bases, achieving a daily output capacity of over 10 million packages for its core products to ensure a steady supply [1]

Group 1 - On February 6, a total of 4 listed companies had their restricted shares unlocked, with a total market value of approximately 826 million yuan [1] - The specific details of the restricted share unlocks are as follows: - Huqin Technology (Stock Code: 603296) had 774,700 shares released from equity incentive restrictions [1] - Yihua Co., Ltd. (Stock Code: 002897) had 2,042,900 shares released from equity incentive restrictions [1] - Jinzhai Food (Stock Code: 003000) had 47,899,200 shares released from the issuance of A-shares to original shareholders [1] - Longxun Co., Ltd. (Stock Code: 688486) had 1,800 shares released [1]

Core Viewpoint - The company, Jin Zai Food Group Co., Ltd., is set to lift the trading restrictions on 47,899,159 shares, which represents 10.6231% of its total share capital, effective February 10, 2026. These shares will be converted into locked shares for executives, resulting in no shares being available for public trading [1][6][7]. Group 1: Share Issuance and Restrictions - The company received approval from the China Securities Regulatory Commission for a non-public issuance of 47,899,159 shares, which were listed on February 7, 2023, with a lock-up period of 36 months [1][2]. - Following the non-public issuance, the total number of A-shares increased from 403,200,000 to 451,099,159, with 225,137,840 shares subject to trading restrictions [1][2]. Group 2: Share Buyback and Capital Changes - The company held several shareholder meetings to approve the buyback and cancellation of restricted shares, reducing the total share capital from 451,099,159 to 450,894,159 shares through various buyback actions [2][3]. - As of the latest announcement, the total share capital stands at 450,894,159 shares, with 142,833,864 shares under trading restrictions, accounting for 31.68% of the total [3][5]. Group 3: Shareholder Commitments - The controlling shareholder, Mr. Zhou Jinsong, has committed not to reduce his holdings of the shares for 12 months following the lifting of trading restrictions, demonstrating confidence in the company's future [4][5]. - The shareholder has adhered to all commitments, ensuring that there are no violations affecting the listing of the restricted shares [5][12]. Group 4: Compliance and Verification - The company’s actions regarding the lifting of trading restrictions comply with the relevant regulations of the Shenzhen Stock Exchange [11][12]. - The sponsor institution has confirmed that the information disclosed by the company is accurate and complete, with no objections to the lifting of the trading restrictions [11][12].

Core Viewpoint - The company is committed to rural revitalization through mechanisms that promote sustainable income for farmers and contribute to local economic development, thereby advancing common prosperity [1] Group 1 - The company has established a long-term mechanism for rural revitalization, focusing on employment, orders, and assistance to drive continuous income growth for farmers [1] - The company prioritizes hiring local farmers and provides professional skills training to help them become skilled industrial workers [1] - The company is exploring cooperative models that link the interests of farmers, utilizing a "company + base (cooperative) + farmer" management approach for sourcing agricultural products [1]

国联民生证券承销保荐有限公司 上市流通的核查意见 国联民生证券承销保荐有限公司（以下简称"保荐机构"）作为劲仔食品集 团股份有限公司（以下简称"劲仔食品"）2022 年度非公开发行股票的持续督导 保荐机构，根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自 律监管指引第 13 号——保荐业务》等有关规定，对劲仔食品 2022 年度非公开发 行股票解除限售上市流通事项进行了核查，具体核查情况及意见如下： 一、本次解除限售股份的基本情况 （一）非公开发行股份情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准劲仔食品 集团股份有限公司非公开发行股票的批复》（证监许可〔2022〕2960 号）核准同 意，劲仔食品向周劲松先生非公开发行人民币普通股 47,899,159 股，本次非公 开发行新增股份已于 2023 年 2 月 7 日在深圳证券交易所上市，限售期为自发行 结束之日起 36 个月。 （二）总股本变动及限售情况 1、本次非公开发行股票完成后，劲仔食品 A 股股份总数由 403,200,000 股 增加至 451,099,159 股，其中有限售条件流通股为 225,137,840 股（ ...

证券代码：003000 证券简称：劲仔食品 公告编号：2026-006 劲仔食品集团股份有限公司 关于非公开发行股票解除限售上市流通的提示性公告 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。 特别提示： 1、本次解除限售为劲仔食品集团股份有限公司（以下简称"公司"）2022 年度非公开发行 A 股股票； 2、本次解除限售股份数量 47,899,159 股，占公司总股本的 10.6231%，本 次限售股份解除限售后转为高管锁定股，实际可上市流通股份数量为 0 股； 3、本次解除限售股份的上市流通日期为 2026 年 2 月 10 日（星期二）。 一、本次解除限售股份的基本情况 （一）非公开发行股份情况 经中国证券监督管理委员会（以下简称"中国证监会"）《关于核准劲仔食 品集团股份有限公司非公开发行股票的批复》（证监许可〔2022〕2960 号）核 准同意，公司向周劲松先生非公开发行人民币普通股 47,899,159 股，本次非公 开发行新增股份已于 2023 年 2 月 7 日在深圳证券交易所上市，限售期为自发行 结束之日起 36 个月。 （二）总股本变动及限 ...

证券日报网讯 2月5日，劲仔食品（003000）在互动平台回答投资者提问时表示，股价表现受宏观经 济、市场环境、行业发展及投资者预期等多重复杂因素的综合影响，具有不确定性。公司专注主营业务 发展，持续深耕市场、研发新品、强化品牌，提升公司核心竞争力，促进公司高质量发展，创造更多价 值。 ...