证券代码：300892 证券简称：品渥食品 公告编号：2026-002 品渥食品股份有限公司 关于为全资子公司向银行申请贷款提供担保及反担 保的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 一、担保情况概述 二、被担保方基本情况 6、经营范围：许可项目：食品经营；酒类经营；货物进出口；技术进出口。 （依法须经批准的项目，经相关部门批准后方可开展经营活动，具体经营项目以 1、公司名称：品利（上海）食品有限公司 2、成立日期：2009 年 11 月 16 日 3、注册地：上海市普陀区长寿路 652 号 10 号楼 302 室 4、法定代表人：王牧 5、注册资本：1,000 万元人民币 相关部门批准文件或许可证件为准）。 一般项目：工艺美术品及礼仪用品销售（象牙及其制品除外）；包装材料及 制品销售；五金产品批发；五金产品零售；日用百货销售；针纺织品销售；办公 用品销售；体育用品及器材批发；体育用品及器材零售；信息咨询服务（不含许 可类信息咨询服务）；市场营销策划；会议及展览服务；企业形象策划。（除依 法须经批准的项目外，凭营业执照依法自主开展经营活动）。 7 ...

Core Viewpoint - The company, 富吉瑞, has announced a performance loss due to intensified market competition, delays in customer procurement plans, and a slowdown in new order issuance, leading to a decrease in product delivery and revenue [1] Group 1: Financial Performance - The company's operating revenue has declined year-on-year, resulting in a reported loss for the period [1] - The company has conducted a review and assessment of various assets, including inventory and receivables, as of the end of 2025 [1] Group 2: Asset Management - Based on the principle of prudence and in accordance with relevant accounting standards and company policies, the company has made provisions for asset impairment [1]

Market Overview - The beverage and dairy sector experienced a decline of 0.18% on January 23, with Miaokelan leading the drop [1] - The Shanghai Composite Index closed at 4136.16, up 0.33%, while the Shenzhen Component Index closed at 14439.66, up 0.79% [1] Stock Performance - Notable gainers in the beverage and dairy sector included: - Quanyangquan (code: 681009) with a closing price of 8.37, up 2.45% and a trading volume of 419,500 shares, totaling 351 million yuan [1] - Huanlejia (code: 300997) closed at 24.80, up 2.31% with a trading volume of 98,400 shares, totaling 242 million yuan [1] - Qiaoyuan Beverage (code: 603156) closed at 33.86, up 1.93% with a trading volume of 108,900 shares, totaling 364 million yuan [1] - Conversely, the following stocks saw declines: - Miaokelan (code: 600882) closed at 23.75, down 3.34% with a trading volume of 153,200 shares, totaling 368 million yuan [2] - Weiweijia (code: 600300) closed at 3.71, down 2.11% with a trading volume of 665,200 shares, totaling 248 million yuan [2] - New Dairy (code: 002946) closed at 19.19, down 1.34% with a trading volume of 45,200 shares, totaling 86.94 million yuan [2] Capital Flow - The beverage and dairy sector saw a net outflow of 141 million yuan from institutional investors, while retail investors contributed a net inflow of 229 million yuan [2] - Detailed capital flow for selected stocks includes: - Yili Group (code: 600887) with a net inflow of 1.10 billion yuan from institutional investors, but a net outflow of 162.69 million yuan from retail investors [3] - Huangshi Group (code: 002329) had a net inflow of 13.98 million yuan from institutional investors, with a net outflow of 5.66 million yuan from retail investors [3] - Liziyuan (code: 605337) saw a net inflow of 8.75 million yuan from institutional investors, with a net outflow of 1.70 million yuan from retail investors [3]

Market Overview - The beverage and dairy sector experienced a decline of 1.55% on January 21, with Huanlejia leading the drop [1] - The Shanghai Composite Index closed at 4116.94, up 0.08%, while the Shenzhen Component Index closed at 14255.12, up 0.7% [1] Stock Performance - Key stocks in the beverage and dairy sector showed varied performance, with Sunshine Dairy rising by 2.02% to a closing price of 16.14, while Huanlejia fell by 11.25% to 23.90 [2][1] - Other notable performers included Yangyuan Beverage, which increased by 0.23% to 34.53, and several stocks like Xibumuyou and Qianyuan Group remained flat [1][2] Trading Volume and Capital Flow - The beverage and dairy sector saw a net outflow of 340 million yuan from institutional investors, while retail investors contributed a net inflow of 336 million yuan [2] - The trading volume for Huanlejia was significant, with 210,400 shares traded, resulting in a transaction value of 517 million yuan [2] Individual Stock Capital Flow - Yili Group had a net inflow of 25.78 million yuan from institutional investors, while it faced a net outflow of 15.84 million yuan from speculative funds [3] - Sunshine Dairy also saw a minor net inflow from speculative funds amounting to 4.32 million yuan, despite a net outflow from retail investors [3]

Core Viewpoint - The Shanghai Municipal Market Supervision Administration conducted a supervision and sampling inspection of edible oils, fats, and their processed products, revealing that 2 out of 30 batches were non-compliant with packaging standards [2]. Group 1: Compliance Results - A total of 30 batches of edible oil products were inspected, with 2 batches found to be non-compliant [2]. - The inspection was based on GB 23350-2021 standards, focusing on packaging void ratio, number of packaging layers, and packaging costs [2]. Group 2: Compliant Products - Several compliant products were identified, including: - High Oleic Peanut Oil (750ml×2 bottles) from Lu Hua [2] - Organic Flaxseed Oil (110ml) from Grandpa's Farm [2] - Avocado Oil (110ml) from Grandpa's Farm [2] - Organic Walnut Oil (110ml) from Grandpa's Farm [2] - And many others, with various brands and specifications listed [2]. Group 3: Non-Compliant Products - The non-compliant products included: - Walnut Oil (500ml) from an unspecified brand, failing due to packaging void ratio [3] - Walnut Oil (500ml×2) from Golden Tree, also failing due to packaging void ratio [3].

Market Overview - The beverage and dairy sector increased by 0.25% compared to the previous trading day, with Pinwo Food leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up 1.09%, while the Shenzhen Component Index closed at 14366.91, up 1.75% [1] Stock Performance - Notable gainers in the beverage and dairy sector included: - Aluminum Wine Foods (300892) with a closing price of 35.68, up 12.56% and a trading volume of 112,000 shares, totaling 380 million yuan [1] - Huanlejia (300997) closed at 31.80, up 6.32% with a trading volume of 248,700 shares, totaling 763 million yuan [1] - Zhuangyuan Pasture (002910) closed at 12.02, up 4.43% with a trading volume of 245,600 shares, totaling 290 million yuan [1] Capital Flow - The beverage and dairy sector experienced a net outflow of 74.61 million yuan from institutional investors, while retail investors saw a net inflow of 55.31 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Individual Stock Capital Flow - Key stocks and their capital flow include: - Pinwo Food (300892) had a net outflow of 44.43 million yuan from institutional investors, with retail investors also showing a net outflow of 26.15 million yuan [3] - Zhuangyuan Pasture (002910) saw a net inflow of 15.69 million yuan from institutional investors, while retail investors had a net outflow of 11.63 million yuan [3] - Knight Dairy (920786) experienced a net inflow of 11.26 million yuan from institutional investors, with a small net inflow from retail investors [3]

Group 1 - The core viewpoint of the news is that Pinwo Food's stock has shown a positive trend in early January, with a price increase of 2.05% and a market capitalization of 3.235 billion yuan [1] - As of January 12, the stock price of Pinwo Food is 32.35 yuan per share, with a trading volume of 66.08 million yuan and a turnover rate of 3.20% [1] - The net inflow of main funds is 3.53 million yuan, with significant buying from large orders amounting to 12.10 million yuan, indicating investor interest [1] Group 2 - Year-to-date, Pinwo Food's stock price has increased by 6.52%, with a 4.93% rise over the last five trading days [2] - The company was established on September 9, 1997, and went public on September 24, 2020, focusing on the development, import, and sales of food products, primarily dairy [2] - The main revenue composition of Pinwo Food includes 82.92% from dairy products, 16.72% from beer, and 0.37% from other sources [2] Group 3 - As of September 30, the number of shareholders for Pinwo Food is 13,600, a decrease of 10.59% from the previous period, while the average circulating shares per person increased by 11.85% to 4,739 shares [2] - For the period from January to September 2025, Pinwo Food reported a revenue of 589 million yuan, a year-on-year decrease of 7.69%, while the net profit attributable to shareholders increased by 312.18% to 12.15 million yuan [2] Group 4 - Pinwo Food has distributed a total of 55.90 million yuan in dividends since its A-share listing, with 9.90 million yuan distributed over the past three years [3]

Core Viewpoint - The Chinese dairy product industry is experiencing a decline in production, with a notable decrease in output for 2025 compared to previous years [1] Industry Summary - In November 2025, China's dairy product output was 243,000 tons, representing a year-on-year decrease of 2.7% [1] - From January to November 2025, the cumulative production of dairy products in China reached 2,685,000 tons, showing a cumulative decline of 1.2% [1] - The report by Zhiyan Consulting outlines the market operation status and investment prospects for the Chinese dairy product industry from 2026 to 2032 [1] Company Summary - Listed companies in the dairy sector include Yili Co., Ltd. (600887), Bright Dairy (600597), San Yuan (600429), New Dairy (002946), Huangshi Group (002329), Yantang Dairy (002732), Zhuangyuan Pasture (002910), and Pinwo Foods (300892) [1]

Core Viewpoint - The company, 富吉瑞, reported an increase in the total number of shareholders from 4,205 to 4,598 between December 10, 2025, and December 19, 2025, indicating growing investor interest [1] Summary by Category Shareholder Information - As of December 10, 2025, the total number of shareholders was 4,205 [1] - By December 19, 2025, the total number of shareholders increased to 4,598, reflecting a growth of 393 shareholders [1]

Group 1 - The stock price of Pinwo Food (300892) closed at 31.75 yuan on December 26, 2025, down 1.34%, with a turnover rate of 4.48%, a trading volume of 28,900 shares, and a transaction amount of 92.27 million yuan [1] - The company primarily imports products, with over 90% of its procurement sourced from abroad, indicating a strong reliance on international markets [2] - The appreciation of the Chinese yuan is expected to lower the procurement costs for the company, positively impacting its performance [2][2][2] Group 2 - On December 26, there was a net outflow of 5.31 million yuan from major funds, suggesting a cautious attitude among institutional investors [3] - Retail investors showed a net inflow of 2.25 million yuan, while speculative funds had a net inflow of 3.06 million yuan [4]