证券代码：300673 证券简称：佩蒂股份 公告编号：2025-007 债券代码：123133 债券简称：佩蒂转债 佩蒂动物营养科技股份有限公司 关于回购公司股份实施完成暨股份变动的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 一、回购方案概述 2024年2月5日，佩蒂动物营养科技股份有限公司（以下简称公司）召开第四届董 事会第二次会议，审议通过了《关于以集中竞价交易方式回购公司股份方案的议案》， 同意公司使用自有资金5,000.00万元（含）—10,000.00万元（含）人民币以集中竞价 方式回购部分股份，回购价格不超过20.00元/股，回购的股份拟用于公司发行的可转 换公司债券的转股，回购实施期限为自本次董事会审议通过回购方案之日起不超过12 个月。 本次回购股份方案的具体内容见公司分别于2024年2月6日、2024年2月7日在巨 潮资讯网（http://www.cninfo.com.cn）披露的《关于以集中竞价方式回购公司股份方 案的公告》《回购股份报告书》及其他相关公告。 二、回购股份的实施及披露情况 截止2025年2月4日，公司本次回购股份方案 ...

第四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公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 1. 会议通知的时间和方式：2025年1月21日（星期二）以通讯或者书面报告方式 向参会人员发出通知； 2. 会议召开的时间：2025年1月27日（星期一）上午10:00； 3. 会议召开方式：现场与通讯相结合的方式； 证券代码：300673 证券简称：佩蒂股份 公告编号：2025-004 债券代码：123133 债券简称：佩蒂转债 佩蒂动物营养科技股份有限公司 一、 会议召开情况 本次会议为佩蒂动物营养科技股份有限公司（以下简称公司）第四届董事会第十 一次会议（临时会议），召开情况如下： 4. 现场会议地点：浙江省杭州市萧山区宁围街道诺德财富中心2001室； 5. 会议召集人：董事长陈振标先生； 6. 会议主持人：董事长陈振标先生； 7. 会议表决方式：投票表决； 8. 会议出席情况：本次会议应参会董事七名，实际参会董事七名，均亲自出席会 议；董事长陈振标先生，副董事长陈振录先生，董事郑香兰女士、唐照波先生现场出 席会议，独立董事金晓斌先生、李路先生、余飞涛女士以通讯方式出席会议 ...

1. 会议通知的时间和方式：：2025年1月21日（星期二）以书面报告方式向全体 监事发出通知； 2. 会议召开的时间：2025年1月27日（星期二）上午11:00； 证券代码：300673 证券简称：佩蒂股份 公告编号：2025-005 债券代码：123133 债券简称：佩蒂转债 佩蒂动物营养科技股份有限公司 第四届监事会第九次会议决议公告 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、 会议召开情况 本次会议为佩蒂动物营养科技股份有限公司（以下简称公司）第四届监事会第九 次会议（临时会议），召开情况如下： 3. 会议召开方式：现场方式； 4. 现场会议地点：浙江省平阳县水头镇工业园区宠乐路2号公司四楼会议室； 5. 会议召集人：监事会主席邓昭纯先生； 6. 会议主持人：监事会主席邓昭纯先生； 7. 会议表决方式：投票表决； 8. 会议出席情况：本次会议应参会监事3名，实际参会监事3名，无监事缺席会 议，全体监事现场参会，董事会秘书通讯方式列席会议。 9. 会议的合法、合规性说明：本次会议的召开符合《公司法》《证券法》《深圳 证券交易所上市公司自律监管 ...

证券代码：300673 证券简称：佩蒂股份 公告编号：2025-006 债券代码：123133 债券简称：佩蒂转债 2025年1月27日，佩蒂动物营养科技股份有限公司（以下简称公司）召开第四届 董事会第十一次会议审议通过了《关于补充确认全资子公司日常关联交易并调整其日 常关联交易相关事项的议案》，同意公司全资子公司Cambodian Noble Taste Food Co., Ltd.（柬埔寨爵味食品有限公司，以下简称柬埔寨爵味）对与关联企业Grand Bokor Special Economic Zone Co., Ltd.（以下简称Grand Bokor）2022年5月1日签 署的《土地租赁协议》进行调整，并于2025年1月27日在柬埔寨签署了相关补充协议。 议案还对柬埔寨爵味与Grand Bokor自2024年11月1日起至本次董事会会议召开之日 期间发生的电费、房屋租赁及其他相关费用予以补充确认。与本项交易存在关联关系 的董事陈振标、陈振录、郑香兰在董事会会议审议议案时回避表决。 交易对方Grand Bokor系公司控股股东控制的企业，本次交易构成关联交易，不 构成《上市公司重大资产重组管理办法》规定 ...

Investment Rating - The report maintains a "Buy" rating for the company [2][6]. Core Insights - The company is expected to turn a profit in 2024, with a projected net profit of 181 to 205 million yuan, recovering from a loss of 11 million yuan in 2023, which aligns with expectations [6]. - The overseas business is showing signs of recovery, with a good demand outlook and a projected 22.1% year-on-year increase in pet food exports from China in 2024 [6]. - The company's self-owned brand "Jueyan" continues to grow rapidly, with a 42% year-on-year increase in online GMV for the brand [6]. - The company plans to enhance its domestic marketing efforts and improve gross margins through price control and product adjustments [6]. - Revenue forecasts for 2024-2026 have been slightly adjusted downwards, with expected revenues of 1.83 billion, 2.13 billion, and 2.50 billion yuan respectively [6]. Financial Data and Profit Forecast - Total revenue for 2023 is projected at 1.41 billion yuan, with a significant increase to 1.83 billion yuan in 2024, representing a 29% year-on-year growth [6][8]. - The company anticipates a net profit of 194 million yuan in 2024, with a growth rate of 13.9% in 2025 and 15.2% in 2026 [6][8]. - The gross margin is expected to be 26.3% in 2024, improving to 27.2% in 2025 and 27.6% in 2026 [6].

Investment Rating - The investment rating for Petty Co., Ltd. is not explicitly stated in the provided documents, but the overall sentiment appears positive based on the performance forecasts and growth expectations. Core Views - Petty Co., Ltd. is expected to achieve a net profit attributable to shareholders of 181-205 million yuan in 2024, marking a significant turnaround from a loss in 2023. The fourth quarter of 2024 is projected to see a net profit of 26-50 million yuan, reflecting a year-on-year increase of 45.0-177.4% [1][2]. - The company is experiencing robust growth in both domestic and international markets, with significant increases in export orders and strong performance from its proprietary brand, Jueyan [1][2]. Summary by Sections Financial Performance - In 2024, the total revenue is expected to reach 1.847 billion yuan, with a year-on-year growth rate of 30.8%. The net profit attributable to shareholders is projected to be 203 million yuan, a staggering increase of 1930.9% compared to 2023 [4]. - The gross margin is anticipated to improve to 26.7% in 2024, with net asset return (ROE) expected to be 10.2% [4]. Sales Performance - The company’s export revenue is expected to continue its steady growth, with a projected increase in orders from new European clients in 2025. The fourth quarter of 2024 is expected to show a year-on-year increase in export revenue of 18.9% [2]. - The domestic sales of the proprietary brand Jueyan are performing exceptionally well, with a 70% increase in sales during the Double 11 shopping festival in 2024. The brand has launched several successful products, including dog food and snacks, which are gaining market traction [2]. Profit Forecast - The forecasted net profits for 2024, 2025, and 2026 are 203 million yuan, 245 million yuan, and 294 million yuan, respectively, with corresponding price-to-earnings (PE) ratios of 23.6X, 19.5X, and 16.3X [3][4].

Financial Performance - The company expects to achieve a net profit attributable to shareholders of approximately ¥181 million in 2024, compared to a loss of ¥11.09 million in the previous year[4] - The net profit after deducting non-recurring gains and losses is projected to be around ¥180.3 million, up from a loss of ¥685.09 million in the same period last year[4] - The impact of non-recurring gains and losses on the company's net profit is estimated to be approximately ¥700,000[7] - The financial data presented is preliminary and subject to final confirmation in the 2024 annual report[8] - The performance forecast period is from January 1, 2024, to December 31, 2024[3] Business Strategy - The company has implemented a "one body, two wings" development strategy, focusing on the pet food industry, which has significantly contributed to the turnaround from loss to profit[6] - The company is actively expanding its global operations and enhancing product upgrades and iterations to optimize product structure and deepen customer cooperation[6] Market Growth - The overseas market orders have increased significantly year-on-year, with high capacity utilization rates at overseas production bases, particularly in Vietnam and Cambodia[7] - The domestic market has seen rapid growth in the self-owned brand "Jueyan," with a significant increase in revenue share from domestic sales channels[7] Investor Communication - The company emphasizes the importance of timely information disclosure and advises investors to be cautious in their decision-making[8]

证券代码：300673 证券简称：佩蒂股份 公告编号：2025-002 债券代码：123133 债券简称：佩蒂转债 佩蒂动物营养科技股份有限公司 关于回购公司股份的进展公告（截至 2024 年末） 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 一、回购方案概述 2024年2月5日，佩蒂动物营养科技股份有限公司（以下简称公司）召开第四届董 事会第二次会议，审议通过了《关于以集中竞价交易方式回购公司股份方案的议案》， 公司拟使用自有资金5,000.00万元（含）—10,000.00万元（含）人民币以集中竞价方 式回购公司部分股份，回购价格不超过20元/股。回购的股份拟用于公司发行的可转换 公司债券的转股。本次回购股份事项的实施期限为自董事会审议通过回购方案之日起 不超过12个月。 本次回购股份方案的具体内容见公司分别于2024年2月6日、2024年2月7日在巨 潮资讯网（http://www.cninfo.com.cn）披露的《关于以集中竞价方式回购公司股份方 案的公告》《回购股份报告书》及其他相关公告。 根据《深圳证券交易所上市公司自律监管指引第9号——回购股份 ...

Group 1 - The emergence of discount pet snack stores in China may indicate a new trend in the pet industry, potentially leading to increased competition within the sector [1] - The ability of these stores to connect directly from factories to retail could reduce costs and create profit margins, especially in an environment of rising online traffic costs [1] - The innovation in business models within the retail segment of the pet industry is notably diverse [1] Group 2 - The applicability of this business model across different regions remains to be observed [2]