民生证券股份有限公司 关于劲仔食品集团股份有限公司 增加预计日常性关联交易的核查意见 民生证券股份有限公司（以下简称"民生证券"或"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并上市 的保荐机构，根据《证券发行上市保荐业务管理办法》《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 1 号——主板上市公司规范 运作》及《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，对劲仔食品增加预计日常关联交易事项进行了核查，具体核查情况及意 见如下： 一、日常关联交易基本情况 （一）新增日常关联交易概述 劲仔食品及全资子公司长沙市劲仔食品有限公司、湖南省博味园食品有限公 司等因生产经营需要，向湖南植丫丫采购商品及销售商品，已分别签订了 2024 年度相关采购和销售合同。由于湖南植丫丫于 2024 年 8 月成为劲仔食品新增关 联方，劲仔食品与湖南植丫丫之间发生的交易为关联交易。 单位：万元 | 关联交易类 | | 关联交易 | 关联交易 | 预计本年度 | 截止披露日 | | --- | --- | --- | --- | - ...

证券代码：003000 证券简称：劲仔食品 公告编号：2024-072 劲仔食品集团股份有限公司 关于增加预计日常性关联交易的公告 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： 本次新增关联方：公司控股股东、实际控制人之关系密切的家庭成员从第三 方购买湖南植丫丫食品有限公司（以下简称"湖南植丫丫"）51%的股权，成为 湖南植丫丫的控股股东、实际控制人；湖南植丫丫成为公司新增关联方，公司与 湖南植丫丫之间发生的交易为关联交易。 日常关联交易对公司的影响：公司与关联方发生的日常性关联交易系公司业 务发展及生产经营实际需要，交易定价依据市场价格确定，不存在损害公司及全 体股东特别是中小股东利益的行为，不影响公司的独立性。 本议案经第三届董事会第二次会议、第三届监事会第二次会议审议通过，关 联董事周劲松回避表决，本次日常关联交易预计事项无需提交股东大会审议，现 将具体情况公告如下： 一、日常关联交易基本情况 公司及全资子公司长沙市劲仔食品有限公司、湖南省博味园食品有限公司等 因生产经营需要，向湖南植丫丫采购商品及销售商品，已分别签订了 2024 年度 ...

证券代码：003000 证券简称：劲仔食品 公告编号：2024-074 劲仔食品集团股份有限公司 第三届监事会第二次会议决议公告 本公司及监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、监事会会议召开情况 1、劲仔食品集团股份有限公司（以下简称"公司"）第三届监事会第二次 会议由监事会主席林锐新先生召集，会议通知及补充通知于 2024 年 10 月 12 日、 10 月 19 日通过邮件、电话的方式送达各位监事。 2、本次监事会于 2024 年 10 月 23 日在长沙市开福区万达广场 A 座写字楼 46 楼公司会议室召开，采取现场投票及通讯方式进行表决。 3、本次会议应出席监事人数 3 人，实际出席监事人数 3 人，无委托出席情 况。 4、本次会议由监事会主席林锐新先生主持，公司董事会秘书列席本次会议。 5、本次会议的召开和表决程序符合《中华人民共和国公司法》等法律法规 和《公司章程》的有关规定。 二、监事会会议审议情况 经与会监事认真审议并表决，一致通过了如下议案： （一）审议通过《关于<2024 年第三季度报告>的议案》 决议内容：董事会编制和审议公司《20 ...

劲仔食品集团股份有限公司 证券代码：003000 证券简称：劲仔食品 公告编号：2024-073 （一）审议通过《关于公司<2024 年第三季度报告>的议案》 第三届董事会第二次会议决议公告 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、董事会会议召开情况 1、劲仔食品集团股份有限公司（以下简称"公司"）第三届董事会第二次 会议由董事长周劲松先生召集，会议通知及补充通知已于 2024 年 10 月 12 日、 10 月 19 日以电子邮件、电话等方式送达各位董事。 2、本次董事会于 2024 年 10 月 23 日在长沙市开福区万达广场 A 座写字楼 46 楼公司会议室召开，采取现场及通讯方式进行表决。 3、本次会议应出席董事人数 7 人，实际出席董事人数 7 人，无委托出席情 况。 4、本次董事会由董事长周劲松先生主持，公司监事、高管列席了本次董事 会。 5、本次会议的召开和表决程序符合《中华人民共和国公司法》等法律法规 和《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议并表决，一致通过了如下议案： 根据公司 2024 年三季度的经 ...

Revenue and Profit Growth - Revenue for the third quarter reached RMB 642.47 million, a year-on-year increase of 12.94%[3] - Net profit attributable to shareholders of the listed company for the third quarter was RMB 71.38 million, up 42.58% year-on-year[3] - Cumulative revenue from the beginning of the year to the end of the reporting period was RMB 1.77 billion, an increase of 18.65% compared to the same period last year[3] - Cumulative net profit attributable to shareholders of the listed company from the beginning of the year to the end of the reporting period was RMB 214.70 million, up 61.20% year-on-year[3] - Operating income increased by 18.65% to 1,772,030,198.14 RMB, driven by continuous development and optimization of distributors, terminal market construction, and new product promotion[8] - Total revenue for the period reached 1,772,030,198.14 yuan, a significant increase from 1,493,447,043.62 yuan in the previous period[15] - Net profit for the period was 216,829,591.08 yuan, up from 135,105,381.53 yuan in the previous period[15] - Net profit attributable to parent company shareholders increased to RMB 214,703,467.87, up from RMB 133,191,355.85 in the previous period[17] Cash Flow and Financial Position - Net cash flow from operating activities for the reporting period increased by 107.26% year-on-year to RMB 405.99 million[4] - Net cash flow from operating activities surged by 107.26% to 405,991,139.30 RMB, driven by higher sales revenue[8] - Cash flow from operating activities reached RMB 405,991,139.30, compared to RMB 195,884,014.69 in the prior period[19] - Cash received from sales of goods and services totaled RMB 1,976,468,613.23, up from RMB 1,662,890,296.64[18] - Cash outflow for purchasing goods and services decreased to RMB 1,030,856,271.92 from RMB 1,145,803,694.63[18] - Cash inflow from investment activities increased to RMB 428,489,351.34 from RMB 309,667,158.53[19] - Cash outflow for investments surged to RMB 850,000,000.00 from RMB 445,000,000.00[19] - Net cash flow from financing activities dropped by 150.41% to -119,827,740.70 RMB, mainly due to increased debt repayments and dividend payments[8] - Net cash flow from financing activities was negative at RMB -119,827,740.70, compared to a positive RMB 237,689,244.60 in the previous period[19] - The company's cash and cash equivalents balance at the end of the period stood at RMB 306,678,644.21, down from RMB 532,707,419.33[19] - Cash and cash equivalents decreased to 491,678,644.21 yuan from 747,317,129.22 yuan at the beginning of the period[12] Assets and Liabilities - Total assets as of the end of the reporting period were RMB 1.97 billion, an increase of 8.19% compared to the end of the previous year[3] - Total assets increased to 1,967,160,539.80 yuan from 1,818,281,992.98 yuan at the beginning of the period[14] - Total liabilities rose to 616,318,249.95 yuan from 505,480,724.68 yuan at the beginning of the period[13] - Total equity increased to 1,350,842,289.85 yuan from 1,312,801,268.30 yuan at the beginning of the period[14] Expenses and Costs - Cost of sales rose by 12.50% to 1,235,463,583.49 RMB, attributed to increased revenue and lower raw material prices[8] - Sales expenses grew by 29.18% to 220,735,373.46 RMB, mainly due to increased brand promotion and e-commerce platform service fees[8] - R&D expenses increased by 23.54% to 34,692,420.23 RMB, reflecting higher investment in product development[8] - Research and development expenses increased to 34,692,420.23 yuan from 28,081,493.95 yuan in the previous period[15] - Sales expenses rose to 220,735,373.46 yuan from 170,869,810.06 yuan in the previous period[15] Inventory and Accounts Receivable - Inventory decreased by 42.56% to RMB 210.99 million, mainly due to reduced raw material reserves[6] - Inventory decreased to 210,996,385.29 yuan from 367,324,548.38 yuan at the beginning of the period[12] - Accounts receivable increased by 62.74% to RMB 14.10 million, mainly due to increased revenue from direct sales models[6] - Accounts receivable increased to 14,102,252.35 yuan from 8,665,399.26 yuan at the beginning of the period[12] Shareholder Information - Zhou Jinsong, the largest shareholder, holds 38.21% of the shares, with 129,244,145.00 shares under restricted conditions[9] - Li Bingyu, the second-largest shareholder, holds 8.03% of the shares, all of which are unrestricted[9] - Liu Teyuan, the third-largest shareholder, holds 4.38% of the shares, with 14,810,198.00 shares under restricted conditions[9] Earnings Per Share - Basic earnings per share for the reporting period increased by 58.43% year-on-year to RMB 0.4829[4] - Basic earnings per share rose to RMB 0.4829 from RMB 0.3048[17] Prepayments and Investments - Prepayments increased by 182.86% to RMB 28.85 million, primarily due to increased advance payments for raw material purchases[6] - Net cash flow from investing activities decreased by 118.47% to -564,440,963.46 RMB, primarily due to increased payments for structured deposits[8] Other Financial Information - The third-quarter report was unaudited[20]

证券研究报告：食品饮料 | 公司点评报告 2024 年 10 月 15 日 公司基本情况 最新收盘价（元） 13.77 总股本/流通股本（亿股）4.51 / 3.04 总市值/流通市值（亿元）62 / 42 52 周内最高/最低价 15.89 / 9.79 资产负债率(%) 27.8% 市盈率 28.86 第一大股东 周劲松 股票投资评级 买入|维持 个股表现 -30% -21% -12% -3% 6% 15% 24% 33% 42% 51% 2023-10 2023-12 2024-03 2024-05 2024-07 2024-10 劲仔食品 食品饮料 资料来源：聚源，中邮证券研究所 研究所 分析师:蔡雪昱 SAC 登记编号:S1340522070001 Email:caixueyu@cnpsec.com 分析师:杨逸文 SAC 登记编号:S1340522120002 Email:yangyiwen@cnpsec.com 劲仔食品(003000) 预告符合预期，利润延续增长 ⚫ 事件 公司发布 2024 年三季度业绩预告，显示 2024 年前三季度实现归 母净利润 2.08-2.23 亿元，同比增长 56 ...

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证 2024 年 10 月 15 日 报 告 基本数据 2024-10-14 当前股价（元） 13.77 总市值（亿元） 62 总股本（百万股） 451 流通股本（百万股） 304 52 周价格范围（元） 9.79-15.89 日均成交额（百万元） 89.31 公 司 研 究 买入(维持) 事件 分析师：孙山山 S1050521110005 sunss@cfsc.com.cn 市场表现 -20 0 20 40 60 (%) 劲仔食品 沪深300 资料来源：Wind，华鑫证券研究 相关研究 1、《劲仔食品（003000）：盈利能 力改善，零食渠道表现亮眼》2024- 08-22 2、《劲仔食品（003000）：业绩延 续高增，推新打造健康品牌认知》 2024-07-12 3、《劲仔食品（003000）：增长势 能延续，升级路径清晰》2024-04- 25 利润延续高增，产品渠道持续发力 —劲仔食品（003000.SZ）公司事件点评报告 2024 年 10 月 14 日，劲仔食品发布 2024 年三季度业绩预 告。 投资要点 ▌成本持续优化，盈利能力提升 公司发布三季度业绩预告，预计 2024Q1-Q3 归母净利 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company is expected to achieve a net profit attributable to shareholders of 0.65-0.80 billion yuan in Q3 2024, representing a year-on-year growth of 30.0%-60.0% [1] - The company's revenue is projected to grow by 20% year-on-year in Q3 2024, with offline channels expected to contribute approximately 25-30% growth [1] - The company anticipates a net profit margin of 10.63% in Q3 2024, an increase of 1.83 percentage points year-on-year, driven by cost reductions [1] Financial Performance Summary - For the first three quarters of 2024, the company expects a net profit attributable to shareholders of 2.08-2.23 billion yuan, reflecting a year-on-year growth of 61.1%-101.1% [1] - The company forecasts total revenue for 2024 to be 2065 million yuan, with a year-on-year growth of 41.3% [2] - The projected net profit for 2024 is 292 million yuan, with a year-on-year increase of 39.2% [2] - The gross profit margin is expected to be 30.1% in 2024, up from 28.2% in 2023 [2] Profitability Analysis - The company is expected to maintain its previous profit forecasts, with net profits projected to reach 2.92 billion yuan in 2024, 3.75 billion yuan in 2025, and 4.70 billion yuan in 2026 [2][3] - The net profit margin is expected to improve due to cost benefits and operational efficiencies [1] - The company plans to enhance its market share in quail eggs and expects to launch new products to drive growth [1]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company is expected to achieve a net profit attributable to shareholders of 0.65-0.80 billion yuan in Q3 2024, representing a year-on-year growth of 30.0%-60.0% [1] - The company's revenue is projected to grow by 20% year-on-year in Q3 2024, with offline channels expected to contribute approximately 25-30% growth [1] - The company anticipates a net profit margin of 10.63% in Q3 2024, an increase of 3.36 percentage points year-on-year, driven by cost reduction and operational efficiency [1] Financial Performance Summary - For the first three quarters of 2024, the company expects a net profit attributable to shareholders of 2.08-2.23 billion yuan, reflecting a year-on-year growth of 61.1%-101.1% [1] - The company forecasts total revenue for 2024 to be 2065 million yuan, with a year-on-year growth of 41.3% [2] - The projected net profit for 2024 is 292 million yuan, indicating a year-on-year increase of 39.2% [2] - The gross profit margin is expected to be 30.1% in 2024, up from 28.2% in 2023 [2] Future Outlook - The company plans to enhance its product offerings, particularly in quail eggs, which are expected to strengthen market share [1] - The online channel is undergoing adjustments, with expectations for improved operations and revenue contributions in the future [1] - The company aims to maintain a strong growth trajectory, with revenue projections of 2549 million yuan in 2025 and 3136 million yuan in 2026, reflecting year-on-year growth rates of 23.4% and 23.0% respectively [2]