Group 1: Industry Overview - Konjac, known as "human cat strips," is becoming a phenomenon in the snack food market, attracting significant attention from various companies [1][5] - The konjac food industry has experienced a compound annual growth rate of 20% over the past decade, with the market size expected to reach 26.9 billion yuan in 2024 [5] - Major snack companies are increasingly entering the konjac segment, including Salted Fish Pouch, Wei Long, and Qiaqia Food, among others [1][6][7] Group 2: Company Performance - Salted Fish Pouch reported a revenue of 29.41 billion yuan in the first half of 2025, a year-on-year increase of 19.58%, with konjac snacks contributing 7.91 billion yuan, up 155.10% [6][7] - Wei Long's revenue reached 34.83 billion yuan in the first half of 2025, growing 18.5%, with konjac products driving a 44.3% increase in the vegetable product segment [5][6] - Qiaqia Food's revenue declined by 5.05% to 27.52 billion yuan in the first half of 2025, despite launching new konjac products [8] Group 3: Market Competition - The competition among snack companies is intensifying, with the number of stores for the "Ming Ming Very Busy" group surpassing 20,000 nationwide [3][10] - Companies are focusing on expanding their presence in snack retail channels, with Salted Fish Pouch emphasizing a strategy shift towards channel dominance [11][12] - Three Squirrels is also exploring opportunities in the konjac segment while investing in community snack stores to enhance competition [8][12][13]

Core Viewpoint - The emergence of konjac as a phenomenon-level snack product is driving significant revenue growth for various snack companies, with notable contributions from brands like Salted Fish Pouch and Wei Long [1][4][5]. Group 1: Company Performance - Salted Fish Pouch's konjac snack brand "Da Mo Wang" generated revenue of 791 million yuan in the first half of 2025, a year-on-year increase of 155.10%, accounting for 26.90% of total revenue [1][6]. - Wei Long's konjac products "Mo Yu Shuang" and "Xiao Mo Nu" significantly boosted its vegetable product segment revenue by 44.3% to 2.109 billion yuan, representing 60.5% of total revenue in the first half of 2025 [5][6]. - The overall revenue for Wei Long reached 3.483 billion yuan, with a net profit of 736 million yuan, both reflecting an 18.5% year-on-year growth [2][5]. Group 2: Market Trends - The konjac food industry has experienced a compound annual growth rate of 20% over the past decade, with a projected market size of 26.9 billion yuan by 2024 [4]. - More than 30 companies, including Qiaqia Food, Three Squirrels, and Liangpinpuzi, are entering the konjac snack market, indicating a competitive landscape [6][8]. Group 3: Channel Expansion - The snack industry is witnessing intense competition in the retail channel, with the Mingming Hen Mang Group surpassing 20,000 stores nationwide, prompting companies to focus on snack retail channels [10][12]. - Salted Fish Pouch has shifted its strategy to prioritize channel development, with over 70% of its revenue coming from distribution channels, including snack retail and community group buying [10][12]. - Qiaqia Food reported a significant increase in revenue from snack retail channels, growing from approximately 5 million yuan in January 2023 to around 45 million yuan in April 2024 [11][12].

证券日报网讯9月12日晚间，劲仔食品（003000）发布关于2023年限制性股票激励计划预留授予部分第 二个限售期解除限售股份上市流通的提示性公告称，公司本次符合解除限售条件的激励对象为1人，解 除限售的限制性股票数量为175，000股，占目前公司股本总额的0.0388%。本次解除限售的限制性股票 的上市流通日期为2025年9月16日。 ...

证券代码：003000 证券简称：劲仔食品 公告编号：2025-064 劲仔食品集团股份有限公司 关于 2023 年限制性股票激励计划预留授予部分 第二个限售期解除限售股份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、本次符合解除限售条件的激励对象为 1 人，解除限售的限制性股票数量 为 175,000 股，占目前公司股本总额的 0.0388%。 2、本次解除限售的限制性股票的上市流通日为 2025 年 9 月 16 日。 劲仔食品集团股份有限公司（以下简称"公司"）于 2025 年 9 月 5 日召开 第三届董事会第九次会议，审议通过了《关于 2023 年限制性股票激励计划预留 授予部分第二个解锁期解锁条件成就的议案》。根据《上市公司股权激励管理办 法》及公司《2023 年限制性股票激励计划》的相关规定，公司已经办理完成了 2023 年限制性股票预留授予部分第二个解除限售期涉及的股份上市流通手续， 符合解除限售条件的 1 名激励对象可解除限售股份共计 175,000 股，占目前公司 股本总额的 0.0388%。 现将股 ...

证券代码：003000 证券简称：劲仔食品 公告编号：2025-066 劲仔食品集团股份有限公司 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。 赵凯，现任民生证券股份有限公司投资银行事业部业务副总裁，中国注册会 计师协会非执业会员，曾参与力诺药包 IPO、劲仔食品 IPO、山东长信化学科技 股份有限公司 IPO 等项目，在保荐业务执业过程中严格遵守《证券发行上市保荐 业务管理办法》等相关规定，执业记录良好。 民生证券作为公司 2022 年度非公开发行股票的保荐机构，原委派李晓东和 孙振担任保荐代表人负责持续督导工作，法定持续督导期间至 2024 年 12 月 31 日。但鉴于公司本次非公开发行股票募集资金尚未使用完毕，根据中国证券监督 管理委员会和深圳证券交易所相关规定，民生证券仍需对公司募集资金的管理和 使用继续履行持续督导职责，直至募集资金使用完毕。 劲仔食品集团股份有限公司 董 事 会 2025 年 9 月 13 日 附件：李晓东简历 关于更换保荐代表人的公告 劲仔食品集团股份有限公司（以下简称"公司"）于近日收到民生证券股份 有限公司（以下简称"民生 ...

暨半年度业绩说明会活动的公告 证券代码：003000 证券简称：劲仔食品 公告编号：2025-067 劲仔食品集团股份有限公司 关于参加 2025 年湖南辖区上市公司投资者网上集体接待日 董 事 会 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。 2025 年 9 月 13 日 为进一步加强与投资者的互动交流，劲仔食品集团股份有限公司（以下简称 "公司"）将参加由湖南证监局、湖南省上市公司协会与深圳市全景网络有限公 司联合举办的"资本聚三湘 楚光耀新程——2025 年湖南辖区上市公司投资者 网上集体接待日暨半年度业绩说明会"活动，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 9 月 19 日（星期五） 14:00-17:00。届 时公司高管将在线就公司 2024 年至 2025 半年度业绩、公司治理、发展战略、 经 营状况和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎 ...

证券代码：003000 证券简称：劲仔食品 公告编号：2025-065 劲仔食品集团股份有限公司 2025 年第三次临时股东会决议公告 A、通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 9 月 12 日上午 9:15—9:25，9:30—11:30，下午 13:00－15:00。 B、通过深圳证券交易所互联网投票系统投票的具体时间为 2025 年 9 月 12 日（现场股东会召开当日）上午 9:15 至当日下午 15:00。 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、本次股东会没有否决议案的情形； 2、本次股东会不涉及变更前次股东会决议。 一、会议召开情况 1、会议召集人：公司董事会 2、会议时间： 现场会议时间：2025 年 9 月 12 日（星期五）下午 15:00； 网络投票时间：2025 年 9 月 12 日，其中： 3、会议主持人：董事长周劲松先生。 4、现场会议召开地点：湖南省长沙市开福区万达广场 A 座写字楼 46 楼公司 会议室。 5、会议召开方式：现场表决与网络投票相结合的方式。 6、本次股东会的召集 ...

湖南启元律师事务所 HUNAN QIYUAN LAW FIRM 410007 湖南省长沙市 芙蓉区建湘路 393 号世茂环球金融中心 63 层 Tel：86-731-82953777 Fax：86-731-82953779 http://www.qiyuan.com 湖南启元律师事务所 关于劲仔食品集团股份有限公司 2025 年第三次临时股东会的 法律意见书 致：劲仔食品集团股份有限公司 湖南启元律师事务所（以下简称"本所"）受劲仔食品集团股份有限公司（以 下简称"公司"）委托，对公司 2025 年第三次临时股东会（以下简称"本次股东会"） 进行现场见证，并根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《上市公司股东会规则》（以下简称"《股东会规则》"）等中国现行法律、法规、 规章和规范性文件以及《劲仔食品集团股份有限公司章程》（以下简称"《公司 章程》"）的相关规定，出具本法律意见书。 为出具本法律意见书，本所指派律师列席了本次股东会，按照律师行业公认 的业务标准、道德规范和勤勉尽责精神，对本次股东会进行了现场见证，并核查 和验证了公司提供的与本次股东会有关的文件、资料和事实。 本所出具本法律意 ...

Core Viewpoint - The report from Huaxin Securities indicates that Jingzai Food's net profit attributable to the parent company for the first half of 2025 is 112 million yuan, a decrease of 22% year-on-year, with Q2 net profit at 44 million yuan, down 36% year-on-year. The company's performance is under short-term pressure, and attention should be paid to the results of product channel adjustments [1] Financial Performance - In H1 2025, the revenue from various product categories showed mixed results: fish products increased by 8% to 757 million yuan, bean products rose by 4% to 115 million yuan, while vegetable products and poultry products saw declines of 11% to 34 million yuan and 24% to 196 million yuan respectively. Fish and bean products maintained stable growth, while poultry products faced short-term pressure due to industry demand, seasonal shifts, and channel changes [1] - The company's revenue from distribution and direct sales in H1 2025 was 792 million yuan (down 9%) and 332 million yuan (up 29%) respectively, indicating strong growth in direct sales [1] Channel Performance - Online and offline channel revenues in H1 2025 were 185 million yuan (down 7%) and 939 million yuan (up 1%) respectively. The online channel experienced a decline due to community group buying impacts, while the offline channel expanded its coverage, reaching over 300,000 terminals and more than 3,500 distributors. The revenue from snack specialty channels continued to grow significantly [1] Strategic Initiatives - The company is accelerating the development of customized new products, exploring emerging channels, and actively promoting overseas market expansion. With the promotion of new products and deepening of channels, there is potential for incremental contributions to the company [1]

Core Viewpoint - The company reported a decline in revenue and net profit for the first half of 2025, indicating short-term pressure on performance due to various factors including rising raw material costs and changes in sales channels [1][2]. Financial Performance - Total revenue for H1 2025 was 1.124 billion yuan, a decrease of 1% year-on-year, with a net profit of 112 million yuan, down 22% [1]. - In Q2 2025, total revenue was 528 million yuan, a decline of 10%, with a net profit of 44 million yuan, down 36% [1]. Profitability Analysis - The gross margin decreased by 2 percentage points to 28.93%, primarily due to rising raw material prices and weakened scale effects [2]. - The net profit margin fell by 4 percentage points to 8.42%, indicating short-term pressure on profitability [2]. Product and Channel Performance - Revenue from various product categories showed mixed results: fish products and bean products increased by 8% and 4% respectively, while vegetable products and poultry products decreased by 11% and 24% respectively [3]. - The company’s revenue from distribution channels decreased by 9%, while direct sales increased by 29%, highlighting strong growth in direct sales [3]. - Online sales declined by 7% due to community group buying impacts, while offline sales grew by 1%, with the company expanding its coverage to over 300,000 terminals and more than 3,500 distributors [3]. Future Outlook - The company is accelerating the development of customized new products and exploring emerging channels, with expectations for growth from new product promotions and channel deepening [4]. - EPS forecasts for 2025-2027 have been adjusted to 0.58, 0.68, and 0.80 yuan respectively, with current stock prices corresponding to PE ratios of 22, 18, and 16 times [4].