华致酒行连锁管理股份有限公司 第五届监事会第十七次会议决议公告 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。 华致酒行连锁管理股份有限公司（以下简称"公司"）第五届监事会第十七次 会议（以下简称"会议"）通知于 2024 年 10 月 23 日以电子邮件的方式发出，并 于 2024 年 10 月 28 日以通讯表决的方式召开。会议应出席监事 3 名，实际出席 监事 3 名。会议召集、召开程序符合《中华人民共和国公司法》等相关法律、法 规、规范性文件及《华致酒行连锁管理股份有限公司章程》的有关规定。本次会 议由监事会主席皮文湘先生召集并主持，本次监事会表决通过了以下议案： 证券代码：300755 证券简称：华致酒行 公告编号：2024-044 一、审议并通过《2024 年第三季度报告》 经审核，监事会认为：董事会编制和审核公司《2024 年第三季度报告》的 程序符合法律、行政法规和中国证监会的有关规定，报告内容真实、准确、完整 地反映了公司 2024 年第三季度经营的实际情况，不存在任何虚假记载、误导性 陈述或者重大遗漏。 具体内容详见公司同日在指定信息披露媒 ...

证券代码：300755 证券简称：华致酒行 公告编号：2024-043 华致酒行连锁管理股份有限公司 经审议，董事会认为公司编制《2024 年第三季度报告》的程序符合法律、 行政法规和中国证监会的规定，报告的内容真实、准确、完整地反映了公司的实 际情况，不存在任何虚假记载、误导性陈述或者重大遗漏。 第五届董事会第二十二次会议决议公告 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。 本议案已经公司第五届董事会审计委员会第十五次会议审议通过。 华致酒行连锁管理股份有限公司（以下简称"公司"）第五届董事会第二十 二次会议（以下简称"会议"）通知于 2024 年 10 月 23 日以电子邮件的方式向全 体董事发出，并于 2024 年 10 月 28 日以通讯表决的方式召开。会议由公司董事 长吴向东先生主持，应出席董事 8 名，实际出席董事 8 名。公司监事及高级管理 人员列席了会议。会议的召集和召开符合《中华人民共和国公司法》《中华人民 共和国证券法》等有关法律、法规和《华致酒行连锁管理股份有限公司章程》的 规定，所作决议合法有效。本次董事会表决通过了以下议案： 一、 ...

Financial Performance - The company's revenue for Q3 2024 was ¥1,888,606,603.53, representing a decrease of 20.84% compared to the same period last year[2] - Net profit attributable to shareholders was ¥12,667,023.12, down 84.17% year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥11,864,835.46, a decline of 64.64% compared to the previous year[2] - Total operating revenue for Q3 2024 was CNY 7,831,897,694.45, a decrease of 5.1% compared to CNY 8,252,686,193.60 in Q3 2023[18] - Net profit for Q3 2024 was CNY 173,050,474.42, a decline of 27.5% from CNY 238,955,024.66 in Q3 2023[19] - Total comprehensive income attributable to the parent company was CNY 173,321,471.82, a decrease from CNY 237,786,316.93 in the previous period, representing a decline of approximately 27.1%[20] - Basic earnings per share decreased to CNY 0.41 from CNY 0.55, reflecting a decline of 25.5%[20] Cash Flow and Liquidity - The net cash flow from operating activities was -¥392,861,806.85, a decrease of 200.96% year-on-year[7] - Net cash flow from operating activities was negative at CNY -392,861,806.85, compared to a positive CNY 389,111,259.94 in the previous period[21] - Cash inflow from operating activities totaled CNY 8,610,681,420.96, down from CNY 8,707,876,364.38, indicating a decrease of about 1.2%[22] - Cash outflow from operating activities increased to CNY 9,003,543,227.81 from CNY 8,318,765,104.44, an increase of approximately 8.2%[22] - Net cash flow from investing activities was CNY 802,815.18, a significant improvement from CNY -7,923,468.39 in the previous period[23] - Net cash flow from financing activities increased by 201.15% to ¥172,086,757.99, mainly due to an increase in cash obtained from borrowings[7] - The ending balance of cash and cash equivalents was CNY 703,071,507.89, down from CNY 962,040,445.27, a decrease of approximately 26.9%[23] Assets and Liabilities - Total assets at the end of Q3 2024 were ¥6,887,897,786.24, down 5.01% from the end of the previous year[2] - The company's total assets decreased to CNY 6,887,897,786.24 from CNY 7,251,487,754.94, representing a reduction of 5% year-over-year[17] - Current liabilities totaled CNY 3,113,764,828.62, down from CNY 3,290,296,345.66, indicating a decrease of 5.4%[16] - Long-term liabilities decreased to CNY 54,519,867.78 from CNY 58,886,204.62, a decline of 7.9%[16] - The company's equity attributable to shareholders decreased to ¥3,611,200,469.46, a decline of 4.98% compared to the end of last year[2] - The total equity attributable to shareholders decreased to CNY 3,611,200,469.46 from CNY 3,800,346,172.66, reflecting a decline of 5%[17] Shareholder Information - The total number of common shareholders at the end of the reporting period is 24,591[9] - The top shareholder, Yunnan Rongrui High-tech Investment Management Co., Ltd., holds 47.80% with 199,237,500 shares[9] - The company repurchased 9,098,096 shares, representing 2.18% of the total share capital[10] - The total number of preferred shareholders is 0, indicating no preferred shares outstanding[11] Operational Metrics - Total operating costs for Q3 2024 were CNY 7,649,716,256.02, down from CNY 8,047,785,307.92 in the same period last year, reflecting a reduction of 4.9%[18] - The company reported a decrease in sales expenses to CNY 422,234,755.43 from CNY 518,188,529.21, a reduction of 18.5%[18] - Research and development expenses for Q3 2024 were CNY 34,547,264.81, compared to CNY 20,567,689.84 in Q3 2023, indicating an increase of 68%[19] Other Income and Expenses - Other income decreased by 64.78% to ¥18,685,652.72, primarily due to a reduction in government subsidies received[6] - The company has not disclosed any new product or technology developments in the current report[10] - The company reported a cash outflow of CNY 1,312,696,108.96 related to other operating activities, an increase from CNY 1,167,398,846.73, indicating a rise of approximately 12.4%[22] - The company's cash and cash equivalents decreased from RMB 1,093,186,563.55 to RMB 875,026,846.58, a decline of about 20%[14] - The accounts receivable decreased from RMB 207,976,755.17 to RMB 190,471,111.61, a reduction of approximately 8.5%[14]

证券代码：300755 证券简称：华致酒行 公告编号：2024-041 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、关于公司非独立董事、总经理辞职的情况 华致酒行连锁管理股份有限公司（以下简称"公司"）董事会于 2024 年 10 月 14 日收到非独立董事、总经理李伟先生的辞职信。李伟先生因工作安排原因申 请辞去公司第五届董事会非独立董事、总经理（法定代表人）及战略委员会委员 职务，辞职后李伟先生将不再在公司及公司控股子公司担任任何职务。 根据《中华人民共和国公司法》和《华致酒行连锁管理股份有限公司章程》 （以下简称《公司章程》）等相关规定，李伟先生的辞职信自送达公司董事会之 日起生效。李伟先生的辞职未导致公司董事会成员人数低于法定最低人数，不会 影响公司董事会的正常运作，亦不会对公司正常生产经营产生影响。 李伟先生的非独立董事、总经理等职务的原定任期至公司第五届董事会届满 之日止（2025 年 4 月 19 日）。截至本公告披露日，李伟先生直接持有公司股份 120,000 股，占公司总股本的 0.03%，其配偶及其他直系亲属未直接或间接持有 公司股 ...

证券代码：300755 证券简称：华致酒行 公告编号：2024-042 华致酒行连锁管理股份有限公司 关于召开 2024 年第二次临时股东大会的通知 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。 华致酒行连锁管理股份有限公司（以下简称"公司"）第五届董事会第二十一 次会议于 2024 年 10 月 14 日召开，审议通过《关于召开 2024 年第二次临时股东 大会的议案》，决定于 2024 年 10 月 30 日召开 2024 年第二次临时股东大会，本 次股东大会将采取现场表决和网络投票相结合的方式召开。现就本次股东大会的 相关事项通知如下： 一、召开会议的基本情况 （一）股东大会届次：2024年第二次临时股东大会。 （二）股东大会的召集人：公司第五届董事会。 （三）会议召开的合法合规性：本次股东大会会议召开符合有关法律、行政 法规、部门规章、规范性文件和公司章程的规定。 （四）会议召开的日期、时间： 1、现场会议时间：2024年10月30日（星期三）下午14:30 2、网络投票时间： 通过互联网投票系统投票的时间：2024年10月30日9:15—15:00 ...

公司董事会于 2024 年 10 月 14 日收到非独立董事、总经理李伟先生的辞职 信。李伟先生因工作安排原因申请辞去公司第五届董事会非独立董事、总经理（法 定代表人）及战略委员会委员职务，辞职后李伟先生将不再在公司及公司控股子 公司担任任何职务。根据《公司法》和《公司章程》等相关规定，李伟先生的辞 职信自送达公司董事会之日起生效。李伟先生的辞职未导致公司董事会成员人数 低于法定最低人数，不会影响公司董事会的正常运作，亦不会对公司正常生产经 营产生影响。 为保障公司董事会持续高效运作，经公司董事会提名并经公司董事会提名委 员会进行资格审查，公司拟增补吴其融先生为公司第五届董事会非独立董事候选 人，任期自公司 2024 年第二次临时股东大会审议通过之日起至第五届董事会届 证券代码：300755 证券简称：华致酒行 公告编号：2024-040 华致酒行连锁管理股份有限公司 第五届董事会第二十一次会议决议公告 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。 华致酒行连锁管理股份有限公司（以下简称"公司"）第五届董事会第二十 一次会议（以下简称"会议"）通知于 202 ...

Investment Rating - The report maintains a "Buy" rating for the company [1]. Core Insights - The company has established a solid foundation in authenticity and supply chain management, with a focus on high-end brands and store transformation [1]. - The company has grown into a billion-dollar liquor distribution enterprise over 19 years, with a significant increase in store count and revenue [1][18]. - The liquor distribution market in China is fragmented, with a low chain rate of 5%, indicating potential for accelerated consolidation [1][3]. - The company has a leading position in the authenticity system, which serves as a core competitive advantage [1][4]. Summary by Sections Company Overview - The company started in 2005 and has expanded to over 2,000 stores, becoming the first listed company in liquor distribution in 2019 [1][18]. - The company has a concentrated shareholding structure, with the founder holding 63.47% of the shares, ensuring stable management [1][27]. Market Dynamics - The liquor distribution market in China is expected to grow, with a projected market size of 1.36 trillion yuan in 2023, reflecting a 5% year-on-year increase [1]. - The competitive landscape is highly fragmented, with the top five companies holding only 2.3% market share compared to over 60% in developed markets like the US and UK [1][3]. Supply Chain and Management - The company has established long-term partnerships with major liquor manufacturers, ensuring a stable supply chain [1][4]. - The organization has optimized its internal management, with a focus on enhancing efficiency and productivity [2][4]. Brand Development and Store Transformation - The company has successfully launched its own brand, "Lotus," and is expanding its sales channels through innovative marketing strategies [3][4]. - The transformation to a brand-focused store model is expected to enhance single-store profitability [3][4]. Financial Projections - Revenue is projected to grow at a CAGR of 5.7% from 2024 to 2026, with net profit expected to increase by 4.5% in 2024 and 24% in 2025 [4]. - The earnings per share (EPS) are forecasted to be 0.59 yuan in 2024, 0.73 yuan in 2025, and 0.92 yuan in 2026, with corresponding price-to-earnings (PE) ratios of 31, 25, and 20 [4].

股票交易异常波动公告 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、股票交易异常波动的具体情况 证券代码：300755 证券简称：华致酒行 公告编号：2024-039 华致酒行连锁管理股份有限公司 4、公司、控股股东和实际控制人不存在关于公司的应披露而未披露的重大 事项，或处于筹划阶段的重大事项。在股票异常波动期间，公司控股股东、实际 控制人不存在买卖公司股票的行为。 三、是否存在应披露而未披露信息的说明 公司董事会确认，截至本公告披露日，公司目前没有任何根据《深圳证券交 易所创业板股票上市规则》等有关规定应予以披露而未披露的事项或与该事项有 关的筹划、商谈、意向、协议等；董事会也未获悉公司有根据《深圳证券交易所 创业板股票上市规则》等有关规定应予以披露而未披露的、对公司股票及其衍生 1 品种交易价格产生较大影响的信息；公司前期披露的信息不存在需要更正、补充 之处。 华致酒行连锁管理股份有限公司（以下简称"公司"）股票交易于 2024 年 9 月 26 日、2024 年 9 月 27 日、2024 年 9 月 30 日连续三个交易日内收盘价格涨幅 偏离值 ...

Investment Rating - The investment rating for the company is "Buy" [3] Core Views - The company has shown resilience in expanding its operations despite market disruptions, with a focus on upgrading its store formats and enhancing its product offerings [1] - The company reported a revenue of 5.943 billion yuan for H1 2024, a year-on-year increase of 1.3%, and a net profit of 155 million yuan, up 2.77% year-on-year [1] - The company is positioned as a leading distributor in the domestic liquor market, with stable upstream partnerships and strong channel, brand, and operational capabilities [1] Financial Performance - For Q2 2024, the company achieved a revenue of 1.81 billion yuan, representing a year-on-year growth of 14.77%, but the net profit decreased by 49.10% year-on-year to 25 million yuan [1] - The gross margin for Q2 2024 was 10.5%, down 2.36 percentage points year-on-year, primarily due to increased costs associated with premium liquor and a higher proportion of premium products [1] - The company expects revenues of 10.58 billion yuan, 11.92 billion yuan, and 13.37 billion yuan for 2024, 2025, and 2026 respectively, with net profits projected at 247 million yuan, 302 million yuan, and 393 million yuan for the same years [2][1] Market Strategy - The company is actively promoting the upgrade of its store formats, adopting a new model that combines famous liquor, high-end dining, and entertainment ecosystems [1] - The product strategy includes collaborations with renowned liquor brands and a focus on experiential marketing for premium products [1] - The company has successfully hosted numerous tasting events and golf club tournaments to enhance brand visibility and customer engagement [1]