证券代码：300783 证券简称：三只松鼠 公告编号：2024-067 《2024 年第二次职工代表大会决议》。 特此公告。 三只松鼠股份有限公司监事会 三只松鼠股份有限公司 关于选举职工代表监事的公告 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。 三只松鼠股份有限公司(以下简称"公司")第三届监事会任期即将届满，为了 保证监事会的正常运作，公司进行监事会换届选举工作。根据《公司法》和《公司 章程》的有关规定，公司第四届监事会由 3 名监事组成，其中职工代表监事的比例 不低于三分之一。公司于 2024 年 11 月 29 日在公司会议室召开 2024 年第二次职工 代表大会，选举第四届监事会职工代表监事。 经职工代表大会民主选举，选举胡韶聿女士（简历详见附件）担任公司第四届 监事会职工代表监事，与公司 2024 年第二次临时股东大会选举产生的两名非职工 代表监事共同组成公司第四届监事会，任期三年。 胡韶聿女士符合《公司法》《公司章程》规定的有关职工代表监事任职资格和 条件。 备查文件 2024 年 11 月 30 日 1 附件：第四届监事会职工代表监事简历 ...

证券代码：300783 证券简称：三只松鼠 公告编号：2024-060 三只松鼠股份有限公司 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。 一、董事会会议召开情况 三只松鼠股份有限公司（以下简称"公司"）第三届董事会第十八次会议通知 于 2024 年 11 月 26 日以电子邮件等方式通知全体董事。董事会会议于 2024 年 11 月 29 日以通讯方式召开。会议由董事长章燎源先生主持，会议应到董事 7 名，实 到董事 7 名，公司监事和高级管理人员列席了会议。本次会议出席人数、召开程序、 议事内容均符合《中国人民共和国公司法》（以下简称"《公司法》"）等相关法 律、规范性文件和《三只松鼠股份有限公司章程》（以下简称"《公司章程》"） 的规定。 二、董事会会议审议情况 第三届董事会第十八次会议决议公告 1、提名章燎源先生为公司第四届董事会非独立董事候选人； 表决结果：赞成 7 票，反对 0 票，弃权 0 票，审议通过。 2、提名潘道伟先生为公司第四届董事会非独立董事候选人； 表决结果：赞成 7 票，反对 0 票，弃权 0 票，审议通过。 3、提名魏本强先生为 ...

一、本人已经通过三只松鼠股份有限公司第三届董事会提名委员会或者独 立董事专门会议资格审查，提名人与本人不存在利害关系或者其他可能影响独 立履职情形的密切关系。 ☑ 是 □ 否 如否，请详细说明：_____________________________ 三只松鼠股份有限公司 独立董事候选人声明与承诺 声明人 吴声 作为三只松鼠股份有限公司第四届董事会独立董事候选人， 已充分了解并同意由提名人 三只松鼠股份有限公司董事会 提名为三只松鼠 股份有限公司（以下简称该公司）第四届董事会独立董事候选人。现公开声明 和保证，本人与该公司之间不存在任何影响本人独立性的关系，且符合相关法 律、行政法规、部门规章、规范性文件和深圳证券交易所业务规则对独立董事 候选人任职资格及独立性的要求，具体声明并承诺如下事项： ☑ 是 □ 否 如否，请详细说明：______________________________ 三、本人符合中国证监会《上市公司独立董事管理办法》和深圳证券交易 所业务规则规定的独立董事任职资格和条件。 ☑ 是 □ 否 ☑ 是 □ 否 如否，请详细说明：______________________________ 如 ...

证券代码：300783 证券简称：三只松鼠 公告编号：2024-063 三只松鼠股份有限公司 关于监事会换届选举的公告 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。 鉴于三只松鼠股份有限公司（以下简称"公司"）第三届监事会任期即将届满， 为促进公司规范、健康、稳定发展，根据《公司法》等相关法律、法规以及《公司 章程》的规定，公司监事会进行换届选举。 公司于 2024 年 11 月 29 日召开第三届监事会第十七次会议，审议通过了《关 于公司监事会换届选举暨提名第四届监事会非职工代表监事候选人的议案》。经股 东推荐，公司监事会提名孙芳女士、李曾光先生为公司第四届监事会非职工代表监 事候选人（上述候选人简历详见附件）。 根据《公司法》、《公司章程》的规定，上述监事候选人需提交公司 2024 年 第二次临时股东大会进行审议，并采用累积投票制选举产生 2 名非职工代表监事后， 与公司职工代表大会选举产生的职工代表监事共同组成公司第四届监事会。上述人 员任期自公司 2024 年第二次临时股东大会通过之日起三年。 3 2024 年 11 月 30 日 1 2 附件：第四 ...

三只松鼠股份有限公司 独立董事提名人声明与承诺 提名人 三只松鼠股份有限公司董事会 现就提名 吴小亮 为三只松鼠股 份有限公司第四届董事会独立董事候选人发表公开声明。被提名人已书面同意 作为三只松鼠股份有限公司第四届董事会独立董事候选人（参见该独立董事候 选人声明）。本次提名是在充分了解被提名人职业、学历、职称、详细的工作 经历、全部兼职、有无重大失信等不良记录等情况后作出的，本提名人认为被 提名人符合相关法律、行政法规、部门规章、规范性文件和深圳证券交易所业 务规则对独立董事候选人任职资格及独立性的要求，具体声明并承诺如下事项： 一、被提名人已经通过三只松鼠股份有限公司第三届董事会提名委员会或 者独立董事专门会议资格审查，提名人与被提名人不存在利害关系或者其他可 能影响独立履职情形的密切关系。 ☑ 是 □ 否 如否，请详细说明：______________________________ 二、被提名人不存在《中华人民共和国公司法》第一百四十六条等规定不 得担任公司董事的情形。 ☑ 是 □ 否 如否，请详细说明：______________________________ 如否，请详细说明：_________ ...

证券代码：300783 证券简称：三只松鼠 公告编号：2024-059 | | 是否为控股 | 本次质 | 占其 | 占公司当 | 是否 | 是否 | 质押 | 质押 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | 股东或第一 | 押股份 | 所持 | 前总股份 | 为限 | 为补 | 起始 | 到期 | 质权人 | 质押 | | 名称 | 大股东及其 一致行动人 | 数量 （股） | 股份 比例 | 比例 | 售股 | 充质 押 | 日 | 日 | | 用途 | | 章燎源 | | 12,000 | 7.41 | | | | 2024- | 2025- | 中信证 券股份 | 置换前 | | | 是 | ,000 | % | 2.99% | 否 | 否 | 11-20 | 11-20 | 有限公 | 期融资 | | | | | | | | | | | 司 | | 注 1：上表中"占公司当前总股份比例"为占当前剔除公司最新的回购专用账户 270,700 股后的总股本 400,729,300 股的比 ...

Investment Rating - The report maintains a "Buy" rating for Three Squirrels (300783 SZ) [4] Core Views - Three Squirrels is undergoing a significant transformation in its retail strategy, focusing on high-end cost performance and integrated development of manufacturing, branding, and retailing [2] - The company is actively participating in the retail industry's transformation, leveraging its supply chain and brand strength to expand its offline distribution channels [2] - Three Squirrels has achieved a 285% YoY increase in distribution revenue in October, with 70% of distributors growing over 60% [2] - The company aims to increase distribution revenue by 800 million yuan during the upcoming Spring Festival season, focusing on popular products like melon seeds and gift sets [2] - Three Squirrels is building a robust supply chain, including the world's largest nut processing cluster and multiple domestic and international production bases [2] - The company is expanding its product matrix, launching 30 new products in the past two months, and plans to further enrich its offerings [2] - Three Squirrels is collaborating with distributors, allocating 100 million yuan in channel expenses to support market expansion [2] Financial Projections - Revenue is expected to grow by 45 2% in 2024, reaching 10 33 billion yuan, followed by 30 0% growth in 2025 and 20 6% in 2026 [2] - Net profit attributable to shareholders is projected to increase by 89 3% in 2024, reaching 420 million yuan, with further growth of 36 6% in 2025 and 25 4% in 2026 [2] - EPS is forecasted to rise from 1 04 yuan in 2024 to 1 42 yuan in 2025 and 1 78 yuan in 2026 [2] - ROE is expected to improve significantly, from 15 1% in 2024 to 20 7% in 2026 [2] Industry Trends - The retail industry is undergoing a profound transformation, with a shift towards discount retailing and community-based stores [2] - Three Squirrels is positioning itself to capitalize on this trend by expanding into discount supermarkets and community snack stores [2] - The company's acquisition of Ai Snacks and Ai Discount is expected to enhance its market presence and supply chain capabilities [2] - The report highlights the potential for discount retailing in China, driven by increasing chain store penetration and rational consumer behavior [2] Operational Highlights - Three Squirrels has built a strong supply chain, including seven factories and 17 production lines, expected to be operational by the end of the year [2] - The company has established a global nut processing cluster and is expanding its production capabilities for other snack categories [2] - Three Squirrels is leveraging its brand strength and supply chain capabilities to replicate its success in offline distribution [2]

Investment Rating - The report maintains a "Cautious Recommendation" rating for the company [6]. Core Views - The company has shown impressive growth in offline distribution, with a year-on-year increase of 51% in Q3 2024 and a remarkable 285% growth in October 2024. This growth is supported by various policies aimed at empowering distributors [2]. - The company is actively preparing for the upcoming peak season, with significant upgrades across product categories and packaging, alongside strong market support and channel policies [3]. - The long-term goal includes expanding offline channels and achieving a distribution target of 10 billion [3]. Financial Forecasts - The projected revenue for 2024 is 10,209.42 million, reflecting a growth rate of 43.50%. By 2026, revenue is expected to reach 17,311.62 million [5]. - The net profit attributable to the parent company is forecasted to be 401.28 million in 2024, with a growth rate of 82.58%, and is expected to reach 752.29 million by 2026 [5]. - The earnings per share (EPS) are projected to be 1.00 in 2024, increasing to 1.88 by 2026, with corresponding price-to-earnings (PE) ratios of 35, 25, and 19 for the years 2024, 2025, and 2026 respectively [3][5]. Business Strategy - The company is focusing on enhancing its product offerings and maintaining a competitive edge through cost leadership and high-end value propositions [2]. - The offline business strategy includes a focus on differentiated products and customized displays to stabilize pricing and enhance sales performance [2]. - The company is also exploring investment and acquisition opportunities to leverage existing resources and capabilities in new areas [3].

Investment Rating - The report assigns a "Buy" rating for the company, marking its first coverage [2][5]. Core Insights - The company is optimistic about the upcoming Chinese New Year sales and has initiated a multi-brand acquisition strategy to enter various sectors including discount supermarkets and dairy beverages [2][3]. - The company has demonstrated significant revenue growth, with a 56.46% increase in total revenue and a 101.15% increase in net profit year-on-year for the first three quarters of 2024 [3]. - The company is focusing on a "high-end cost-performance" strategy, enhancing its distribution channels and supply chain efficiency [3][4]. Financial Performance Summary - For the first three quarters of 2024, the company reported total revenue of 716.9 million yuan, with a net profit of 34.1 million yuan, reflecting year-on-year growth rates of 56.46% and 101.15% respectively [3]. - The company expects revenues to reach 10.471 billion yuan in 2024, with a projected growth rate of 47.18% [5][7]. - The forecasted net profit for 2024 is 405.19 million yuan, representing an 84.35% increase compared to the previous year [5][7]. Strategic Developments - The company is enhancing its supply chain by establishing direct procurement partnerships with top global farms, which helps in controlling costs and ensuring quality [3]. - The company plans to expand its product offerings, including the acquisition of the Anhui Zhiyang brand to enter the dairy beverage market [3][4]. - The company is also focusing on improving its offline distribution channels and has seen a noticeable increase in performance in the second half of the year [3][4].

Investment Rating - The report maintains a "Buy" rating for the company [1][3] Core Views - The company held an offline distributor conference, focusing on feedback from the offline distribution business, preparations for the New Year festival, and the performance of business partners [2] - The offline distribution data showed strong results, with sales growth of 7% in Q2, 51% in Q3, and 285% in October year-on-year, continuing to implement a cost-performance strategy [2] - The company is confident in its preparations for the New Year festival, setting ambitious sales targets and showcasing significant products and promotional strategies [2] - Business partners shared positive business overviews, highlighting the strengths of various subsidiaries and their alignment with the company's cost-performance strategy [2] Financial Forecasts and Valuation - The company is expected to achieve revenues of 101.1 billion, 133.0 billion, and 176.2 billion yuan for 2024, 2025, and 2026 respectively, with year-on-year growth rates of 42%, 32%, and 32% [3] - The net profit attributable to the parent company is projected to be 4.1 billion, 5.5 billion, and 8.3 billion yuan for the same years, with growth rates of 86%, 34%, and 53% [3] - The corresponding P/E ratios are forecasted to be 32, 24, and 15 times for 2024, 2025, and 2026 respectively [3]