中国经济网北京7月29日讯 祖名股份(003030.SZ)近日披露2025年半年度业绩预告显示，报告期内， 公司预计实现营业收入90,500至91,500万元，同比增长19.54%至20.86%；预计归属于上市公司股东的净 利润亏损900万元至1,100万元，上年同期亏损756.87万元；预计扣除非经常性损益后的净利润亏损1,050 万元至1,250万元，上年同期亏损894.03万元。 | 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司股 东的净利润 | 亏损:900 万元一1,100 万元 | 亏损:756.87 万元 | | 扣除非经常性损益 后的净利润 | 亏损:1,050 万元—1,250 万元 | 亏损:894.03 万元 | | 基本每股收益 | 亏损:0.07 元/股-0.09 元/股 | 亏损:0.06 元/股 | 2024年，祖名股份实现营业总收入16.64亿元，同比增长12.58%；归母净利润-2513.61万元，上年同 期4046.23万元；扣非净利润-2322.84万元，上年同期3862.95万元；经营活动产生的现金流量净额为1.07 ...

Core Viewpoint - Zunming Soy Products Co., Ltd. (stock code: 003030.SZ) is expected to achieve a revenue of 905 million to 915 million yuan in the first half of 2025, representing a year-on-year growth of 19.54% to 20.86% [1][2] Group 1: Financial Performance - The company anticipates a significant reduction in losses for Q2 2025, with a decrease of 71% to 82% compared to the same period last year, and a reduction of 14% to 48% compared to Q1 2025 [1] - The company has a strong production capacity with over 15 million tons of annual soybean processing capability, supported by seven production bases across various regions [1] Group 2: Strategic Initiatives - Zunming is actively expanding its sales channels and enhancing partnerships with major supermarkets, restaurant chains, and e-commerce platforms, promoting the integration of online and offline sales [1] - The company has introduced a small delivery model targeting community fresh convenience stores, life supermarkets, unit canteens, and small restaurants, which has improved service and effectively controlled terminal operations [1] - Zunming is focusing on strategic adjustments to support robust production and sales, with expectations of scale effects as production capacities in various bases are gradually released [1][2] Group 3: Competitive Positioning - In a market characterized by low concentration and intense competition, Zunming is strengthening its core competitiveness and building solid barriers [2] - The company relies on a comprehensive cold chain distribution system, digital management capabilities, a diversified product matrix, and ongoing R&D advantages to consolidate existing market channels [2] - Zunming aims to enhance the influence and coverage of its brand nationwide through cross-regional business expansion, with a focus on maintaining steady revenue growth and improving profitability [2]

[Core Data of 2025 Semi-Annual Performance Forecast](index=1&type=section&id=I.%E3%80%81Current%20Period%20Performance%20Forecast) The company forecasts an expanded net loss for the first half of 2025, with both attributable and non-recurring net profits showing increased deficits year-over-year Key Financial Performance Indicators | Item | Current Reporting Period (Jan 1 - Jun 30, 2025) | Prior Year Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Loss: 9 million - 11 million yuan | Loss: 7.5687 million yuan | | **Net Profit After Deducting Non-Recurring Gains and Losses** | Loss: 10.5 million - 12.5 million yuan | Loss: 8.9403 million yuan | | **Basic Earnings Per Share** | Loss: 0.07 - 0.09 yuan/share | Loss: 0.06 yuan/share | [Audit Status Explanation](index=1&type=section&id=II.%E3%80%81Communication%20with%20Accounting%20Firms) The financial data in this performance forecast represents preliminary estimates by the company's finance department and has not yet been pre-audited by a certified public accountant - The performance forecast data is a **preliminary estimate** by the company's finance department and has **not been pre-audited** by a certified public accountant[5](index=5&type=chunk) [Analysis of Performance Changes](index=1&type=section&id=III.%E3%80%81Explanation%20of%20Performance%20Changes) Despite an anticipated 19.54% to 20.86% year-over-year increase in operating revenue, the company's net profit remains a loss, primarily due to increased costs from new production bases in their capacity ramp-up phase, though the loss is expected to narrow in the second quarter - During the reporting period, the company expects to achieve operating revenue of **905 million to 915 million yuan**, representing a year-over-year increase of **19.54% to 20.86%**[6](index=6&type=chunk) - The primary reason for the net profit loss is that new production bases in Yangzhou, Guizhou, and Shanxi are still in their capacity ramp-up phase, leading to increased depreciation, amortization, energy consumption, and operating costs[6](index=6&type=chunk) - Performance shows an improving trend, with the Q2 2025 loss ratio expected to decrease by **71%-82%** year-over-year and **14%-48%** quarter-over-quarter compared to Q1 2025[7](index=7&type=chunk) [Risk Warning](index=2&type=section&id=IV.%E3%80%81Risk%20Warning%20and%20Other%20Related%20Explanations) The company advises investors that this performance forecast is a preliminary estimate, with final accurate financial data to be disclosed in the official 2025 semi-annual report, urging investors to exercise caution and be aware of investment risks - The company warns that this performance forecast is a **preliminary estimate**, with specific data subject to the official 2025 semi-annual report, and advises investors to be aware of investment risks[8](index=8&type=chunk)

Group 1 - Beijing Zuming Bean Products Co., Ltd. has been established with Li Guoping as the legal representative [1] - The company's business scope includes food production, food sales, and wholesale of edible agricultural products [1] - Zuming Bean Products Co., Ltd. is wholly owned by Zuming Co., Ltd. (stock code: 003030) [1]

Core Viewpoint - The recent announcement by Zunming Co., Ltd. regarding the transfer of 50.83% equity in Zunming Xiangxiang indicates a strategic retreat due to financial struggles and declining profitability [1][3][7] Group 1: Financial Performance - Zunming Xiangxiang has accumulated losses of 29.16 million yuan since its establishment, with the company facing high debt levels and cash significantly lower than short-term liabilities [1][2] - In 2024, Zunming Xiangxiang reported revenue of 72.03 million yuan but incurred a loss of 23.52 million yuan, while the first quarter of 2025 showed revenue of 21.69 million yuan with a loss of 0.38 million yuan [2] - Zunming Co. itself reported a loss of 25.14 million yuan in 2024 and a further loss of 5.91 million yuan in the first quarter of 2025 [2] Group 2: Expansion Strategy - Since its IPO in January 2021, Zunming Co. has pursued aggressive expansion, establishing production bases in various regions, including Jiangsu, Hubei, Shanxi, Guizhou, and Beijing [3] - The establishment of Zunming Xiangxiang was part of a strategy to penetrate the Beijing-Tianjin-Hebei market, which has now been reversed with the equity transfer [3][4] Group 3: Operational Challenges - Despite an increase in production capacity, Zunming Co. has seen a decline in the utilization rates of its facilities, with actual utilization rates for fresh bean products at only 40% and for plant protein beverages at 35% [5][6] - The company has faced a significant drop in profit margins, with gross margin decreasing from 33% in 2020 to 22.74% in 2024, and net margin falling from 8% to 2.34% over the same period [6] Group 4: Debt and Financial Health - Zunming Co.'s debt-to-asset ratio has risen from approximately 40% at the time of its IPO to 55.61% in 2024, indicating increasing financial pressure [6] - The company has 1.42 billion yuan in cash against short-term interest-bearing liabilities of 6.56 billion yuan, resulting in a cash-to-short-term debt ratio of only 0.22 [6]

Core Viewpoint - Company has signed a share transfer agreement and a contract termination agreement with Beijing Xiangxiang Unique Food Factory, resulting in the transfer of 50.83% equity in Beijing Zunming Xiangxiang Soy Products Co., Ltd. to the partner, and the company will no longer hold any equity in Zunming Xiangxiang after the transaction [1][2][7] Group 1: Overview of Cooperation - The registered capital of Zunming Xiangxiang is RMB 120 million, with the company contributing RMB 61 million in cash [1][2] - The cooperation was established based on previous announcements regarding the establishment of a joint venture [1] Group 2: Reasons for Termination - The decision to terminate the cooperation was made based on the company's development strategy and the actual operating conditions of Zunming Xiangxiang, with the agreement signed on June 14, 2025 [2][7] Group 3: Basic Information of the Counterparty - Beijing Xiangxiang Unique Food Factory is a cooperative enterprise established in September 1999, with a registered capital of RMB 9 million [2][6] - The main shareholders include Tao Chunxiang (49%), Chen Xinchang (22.95%), and Chen Jie (20.40%) [2][6] Group 4: Financial Data of the Counterparty - Total assets: RMB 64.69 million, net assets: RMB 10.92 million, operating income: RMB 90.81 million, and net profit: RMB 3.20 million for the last year [4][6] Group 5: Basic Information of the Target Company - Zunming Xiangxiang was established on April 17, 2023, with a registered capital of RMB 120 million [6][7] - The company operates in food sales and technology services, with its registered address in Beijing [6][7] Group 6: Share Transfer Agreement Details - The share transfer price is based on the company's paid-in capital of RMB 61 million, adjusted for accumulated losses [8][9] - The payment for the share transfer will be made in installments, with the first payment of RMB 10 million due within 5 working days after the special audit [8][9] Group 7: Impact on the Company - The termination of cooperation and share transfer will not affect the company's development strategy or financial status, and the company will continue to operate in the Beijing-Tianjin-Hebei market [11]

Core Viewpoint - The company has signed an agreement to transfer 50.83% of its equity in Beijing Zunming Xiangxiang Soy Products Co., Ltd. (referred to as "Zunming Xiangxiang") and will no longer hold any equity in the subsidiary after the transaction is completed, leading to passive financial assistance due to outstanding loans of 40 million RMB [1][2]. Financial Assistance Overview - The company provided a loan of 40 million RMB to Zunming Xiangxiang, which remains unpaid prior to the equity transfer. The loan will accrue interest at an annual rate of 3.8%, with a repayment plan established to clear the debt by April 20, 2026 [1][2][5]. Basic Information of the Assisted Entity - Zunming Xiangxiang was established on April 17, 2023, with a registered capital of 120 million RMB. The company operates in food sales and related technical services [3][4]. Shareholding Structure Before Termination of Cooperation - The shareholding structure of Zunming Xiangxiang before the termination of cooperation included: - Zunming Soy Products Co., Ltd.: 61 million RMB (50.83%) - Beijing Xiangxiang Unique Food Factory: 30 million RMB (25.00%) - Other individual shareholders contributed the remaining capital [4]. Financial Indicators - As of the termination of cooperation, Zunming Xiangxiang's audited financial indicators included: - Total assets: 107.06 million RMB - Total liabilities: 66.56 million RMB - Net assets: 40.50 million RMB - Revenue: 72.03 million RMB - Net profit: -23.52 million RMB [4]. Risk Analysis and Control Measures - The financial assistance provided is a continuation of operational loans to the former subsidiary, with the counterparty, Beijing Xiangxiang Unique Food Factory, having a good credit standing. The risk associated with this financial assistance is considered manageable and will not significantly impact the company's financial status or results [5][6]. Board of Directors' Opinion - The board believes that the equity transfer and subsequent financial assistance will not harm the interests of the company or its shareholders, particularly minority shareholders, as the financial assistance is deemed to be under control [5][6].

证券代码：003030 证券简称：祖名股份 公告编号：2025-035 祖名豆制品股份有限公司 关于与北京市香香唯一食品厂及其一致行动人签署 股权转让协议暨解除合同协议书的公告 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。 特别提示： 1、祖名豆制品股份有限公司（以下简称"公司"或"祖名股份"）于近日 与北京市香香唯一食品厂及其一致行动人（以下简称"合作方"）签署了《北 京祖名香香豆制品有限公司股权转让协议》（以下简称"股权转让协议"）和 《解除合同协议书》。自上述协议签署之日起，各合作方就项目合作所签署的 各类合同、协议等法律文件全部解除或终止，各方按约定将公司持有的北京祖 名香香豆制品有限公司（以下称"祖名香香"）50.83%的股权转让给合作方。 本次交易完成后，公司不再持有祖名香香的股权，祖名香香不再纳入公司 合并报表范围内。 2、本次交易已经公司第五届董事会第十一次会议和第五届董事会审计委员 会第八次会议审议通过，本次交易在董事会会议审批权限范围内，无须提交股 东大会审议。本次交易不构成关联交易，亦不构成《上市公司重大资产重组管 理办法》规定的重大资 ...

1、近期祖名豆制品股份有限公司（以下简称"公司"或"祖名股份"）出 售北京祖名香香豆制品有限公司（以下简称"祖名香香"）50.83%股权事项已 签署协议。本次交易完成前，祖名香香为公司控股子公司，期间，公司为祖名 香香提供的且尚未归还的借款本金为4,000万元。本次交易完成后，公司不再持 有祖名香香的股权，祖名香香不再纳入公司合并报表范围内，上述借款形成被 动财务资助，借款利息按年利率3.8%计息，祖名香香就前述借款出具了还款计 划，约定2026年4月20日前偿清。 证券代码：003030 证券简称：祖名股份 公告编号：2025-036 祖名豆制品股份有限公司 关于转让控股子公司股权暨被动形成财务资助的 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。 特别提示： 2、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1号——主板上市公司规范运作》《公司章程》等相关规定，本次交 易在董事会会议审批权限范围内，无须提交股东大会审议。 一、财务资助事项概述 2023年为开拓京津冀市场，公司与北京市香香唯一食品厂及其股东合资设 立祖名香香 ...

证券代码：003030 证券简称：祖名股份 公告编号：2025-034 祖名豆制品股份有限公司 第五届董事会第十一次会议决议公告 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 祖名豆制品股份有限公司（以下简称"公司"或"祖名股份"）于 2025 年 6 月 14 日以现场结合通讯方式在公司会议室召开第五届董事会第十一次会议。会 议通知及相关议案资料已于 2025 年 6 月 13 日以电子邮件、短信等方式向全体董 事发出。本次会议应出席董事 9 名，实际出席董事 9 名，公司全体监事、高级管 理人员列席会议。会议由董事长蔡祖明先生主持。会议的召集与召开符合《中华 人民共和国公司法》及《公司章程》的有关规定。 二、董事会会议审议情况 本次会议以书面表决方式审议通过如下议案： 1、审议通过《关于与北京市香香唯一食品厂及其一致行动人签署股权转让 协议暨解除合同协议书的议案》； 同意公司与北京市香香唯一食品厂及其一致行动人签署《北京祖名香香豆制 品有限公司股权转让协议》（以下简称"股权转让协议"）和《解除合同协议书》， 同意公司转让北京祖名香 ...