熊猫乳品集团股份有限公司 董事、高级管理人员离职管理制度 第一章 总则 第一条 为规范熊猫乳品集团股份有限公司（以下简称"公司"）董事、高 级管理人员离职相关事宜，确保公司运营稳定，保障股东权益，根据《中华人民 共和国公司法》《中华人民共和国证券法》《上市公司治理准则》《上市公司独 立董事管理办法》《深圳证券交易所股票上市规则》和《熊猫乳品集团股份有限 公司章程》（以下简称"《公司章程》"）等规定，制定本制度。 第二条 本制度适用于公司全体董事、高级管理人员的辞任、任期届满、解 任等离职情形。 第二章 离职情形与生效条件 第三条 公司董事可在任期届满前辞职，辞职时向公司提交书面辞职报告， 说明辞职原因。公司收到辞职报告之日起，辞职生效，公司将在两个交易日内披 露有关情况。 如涉及独立董事辞职，需说明是否对公司治理及独立性构成重大影响。如因 董事的辞职导致公司董事会低于法定最低人数时，或者独立董事辞职导致独立董 事人数少于董事会成员的三分之一或者独立董事中没有会计专业人士的，在改选 出的董事就任前，原董事仍应当依照法律、行政法规、部门规章和《公司章程》 等规定，履行董事职务。 第四条 董事任期届满未获连任的，自 ...

证券代码：300898 证券简称：熊猫乳品 公告编号：2025-041 熊猫乳品集团股份有限公司 关于开展期货套期保值交易业务的公告 重要内容提示： 1、套期保值品种：熊猫乳品集团股份有限公司（以下简称"熊猫乳品"或 "公司"）拟开展与公司的生产经营有直接关系的期货套期保值业务，主要为生 产经营所需原材料白糖、奶粉等。 2、已履行的审议程序：2025 年 8 月 21 日，公司召开第四届董事会第十四 次会议、第四届监事会第十三次会议，审议通过了《关于开展期货套期保值交易 业务的议案》，同意公司使用自有资金开展在任一交易日持有的最高合约价值不 超过 6,000.00 万元人民币或者等值外币、预计动用的交易保证金和权利金上限 （包括为交易而提供的担保物价值、预计占用的金融机构授信额度、为应急措施 所预留的保证金等，下同）不超过 1,000.00 万元人民币或者等值外币的套期保 值交易业务。上述交易额度自董事会审议通过之日起十二个月内有效，额度在审 批期限内可以循环滚动使用。期限内任一时点的金额（含前述交易的收益进行再 交易的相关金额）不应超过已审议额度。 3、风险提示：公司开展期货套期保值业务可以规避部分价格风险 ...

熊猫乳品集团股份有限公司 关于召开 2025 年第一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。 熊猫乳品集团股份有限公司（以下简称"本公司"或"公司"）第四届董事 会第十四次会议决定于 2025 年 9 月 8 日（星期一）召开公司 2025 年第一次临时 股东大会，现将本次会议有关事项通知如下： 一、召开会议的基本情况 1、会议届次：2025 年第一次临时股东大会。 2、召集人：公司董事会。公司第四届董事会第十四次会议同意召开本次股 东大会。 3、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。 证券代码：300898 证券简称：熊猫乳品 公告编号：2025-042 4、会议召开日期和时间： （1）会议召开的时间：2025 年 9 月 8 日（星期一）下午 15:00 （2）网络投票时间： 通过深圳证券交易所交易系统进行网络投票的时间 2025 年 9 月 8 日上午 9:15-9:25,9:30-11:30，下午 13:00-15:00。 通过深圳证券交易所互联网系统 ...

第四届监事会第十三次会议决议公告 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。 证券代码：300898 证券简称：熊猫乳品 公告编号：2025-036 熊猫乳品集团股份有限公司 （二）审议通过《关于开展期货套期保值交易业务的议案》 一、监事会会议召开情况 熊猫乳品集团股份有限公司（以下简称"熊猫乳品"或"公司"）第四届监 事会第十三次会议于 2025 年 8 月 21 日（星期四）在公司会议室以通讯方式召开。 会议通知已于 2025 年 8 月 8 日通过邮件的方式送达各位监事。本次会议应出席 监事 3 人，实际出席监事 3 人。 会议由监事会主席徐同礼先生主持。会议召开符合《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、规章和《熊猫乳品集团股份有限 公司章程》的规定。 二、监事会会议审议情况 经与会监事认真审议，充分讨论，审慎表决，会议审议通过了以下议案： （一）审议通过《关于<2025 年半年度报告>及其摘要的议案》 经审核，监事会认为：董事会编制的《2025 年半年度报告》及其摘要，其 审议、表决程序符合法律法规、规范性文件的规定 ...

一、董事会会议召开情况 熊猫乳品集团股份有限公司（以下简称"熊猫乳品"或"公司"）第四届董 事会第十四次会议于 2025 年 8 月 21 日（星期四）在公司会议室以通讯方式召开。 会议通知已于 2025 年 8 月 8 日通过邮件的方式送达各位董事。本次会议应出席 董事 9 人，实际出席董事 9 人。 会议由董事长 LI DAVID XI AN（李锡安）先生主持。会议召开符合《中华 人民共和国公司法》（以下简称《公司法》）、《中华人民共和国证券法》（以 下简称《证券法》）等有关法律、法规、规章和《熊猫乳品集团股份有限公司章 程》的规定。 二、董事会会议审议情况 经与会董事认真审议，充分讨论，审慎表决，会议审议通过了以下议案： 证券代码：300898 证券简称：熊猫乳品 公告编号：2025-035 熊猫乳品集团股份有限公司 第四届董事会第十四次会议决议公告 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。 公司第四届董事会审计委员会第十二次会议审议通过本议案。 （二）审议通过《关于<2025 年半年度募集资金存放、管理与使用情况的专 项报告>的议案》 董事会认为 ...

Financial Performance - The company's operating revenue for the first half of 2025 was ¥352,557,430.60, a decrease of 2.16% compared to ¥360,352,376.50 in the same period last year[22]. - Net profit attributable to shareholders was ¥41,342,467.80, down 12.76% from ¥47,387,178.16 year-on-year[22]. - The net profit after deducting non-recurring gains and losses was ¥33,115,955.47, reflecting a decline of 16.06% compared to ¥39,451,950.68 in the previous year[22]. - The net cash flow from operating activities was -¥26,829,347.55, a significant drop of 141.01% from ¥65,425,368.74 in the same period last year[22]. - Basic earnings per share decreased to ¥0.3334, down 12.77% from ¥0.3822 in the previous year[22]. - The company's total revenue for the reporting period was CNY 352,557,430.60, representing a year-on-year decrease of 2.16%[54]. - The gross profit margin for the overall business was 26.30%, down by 1.16% compared to the previous year[54]. - The total profit for the first half of 2025 was CNY 48,195,982.04, down from CNY 56,149,239.77 in the first half of 2024, reflecting a decrease of 14.4%[174]. - The company's financial expenses showed a net income of CNY -791,782.55 in the first half of 2025, compared to CNY -1,043,294.74 in the first half of 2024, indicating improved financial management[173]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,051,338,346.28, a decrease of 3.71% from ¥1,091,825,944.97 at the end of the previous year[22]. - Net assets attributable to shareholders decreased by 3.48% to ¥949,992,771.65 from ¥984,277,892.05 at the end of the previous year[22]. - Cash and cash equivalents decreased to ¥132,802,798.46, accounting for 12.63% of total assets, down from 16.70% last year, a decrease of 4.07%[75]. - Total liabilities decreased from ¥98,247,615.27 to ¥93,211,317.82, a decline of about 5.1%[169]. - Total owner's equity decreased from ¥993,578,329.70 to ¥958,127,028.46, a decline of approximately 3.6%[169]. Market and Industry Insights - The company is a leader in the condensed milk sector, focusing on innovation and manufacturing, with a market potential driven by the low per capita dairy consumption in China, which is only 41.30 kg, representing 22.60%-37.70% of the recommended amount[29]. - The Chinese condensed milk market has evolved into a multifunctional food ingredient, with a projected stable growth of 5.30% in the restaurant market for 2024, enhancing the strategic value of condensed milk in supply chains[31]. - The cheese market in China reached a scale of 12.8 billion yuan in 2023, with demand increasing from 153,900 tons in 2016 to 350,600 tons, driven by product innovation in the restaurant sector[32]. - The company is currently assessing the impact of ongoing litigation on project timelines and market conditions[87]. Research and Development - The company has obtained 77 patents and continues to invest in R&D, launching new products such as flavored cheese slices and coconut whipped cream, demonstrating its commitment to innovation[38]. - Research and development expenses rose by 1.64% to CNY 8,965,923.60, reflecting the company's commitment to innovation and product development[68]. - The company is committed to increasing R&D investment in new products and technologies to meet diverse market demands and capitalize on growth opportunities in the food industry[35]. Supply Chain and Procurement - The company has established a stable supply chain with long-term partnerships with suppliers, enhancing the sustainability of its raw materials[39]. - The procurement model for raw materials is based on a "sales-driven production" approach, ensuring that procurement aligns with production needs and market demand[48]. - The company primarily sources domestic milk powder and participates in the GDT platform for purchasing, which is a significant indicator of global dairy prices[49]. Marketing and Sales - The number of signed distributors increased to 400, with a total of 165 distributors nationwide, reflecting a growth of 19 distributors compared to the previous year[38]. - The company has established a sales network covering over 30 provinces, with 146 and 89 distributors in East and South China respectively, marking an increase of 19 distributors compared to the previous year[102]. - The sales model combines distribution and direct sales, with direct contracts established with major food manufacturers such as Mengniu and Yili[51]. Risks and Challenges - The company faces risks including intensified market competition and fluctuations in raw material prices[4]. - Fluctuations in raw material prices, particularly for milk powder and sugar, significantly impact the company's gross margin and profitability[41]. - The company has developed crisis response plans to mitigate the impact of public health emergencies on its operations[43]. Corporate Governance and Compliance - The company adheres to quality management standards such as FSSC22000 and ISO9001, ensuring product safety and quality throughout the production process[39]. - The company actively participates in social responsibility initiatives, contributing to various public welfare activities[112]. - The company strictly adheres to environmental protection laws and regularly evaluates compliance with applicable regulations[114]. Investment and Expansion Plans - The company has committed to an investment project for a production capacity of 30,000 tons of concentrated milk products, with a total investment of CNY 27,780 million, of which CNY 20,660.38 million has been utilized, representing 62.74% completion as of June 30[85]. - The company is focusing on marketing and operational management projects, with no changes reported in the investment status[85]. - The company plans to enhance its core business in condensed milk and diversify into plant-based and nutritional health foods[99].

从资金流向上来看，当日饮料乳品板块主力资金净流入7803.11万元，游资资金净流出2.2亿元，散户资 金净流入1.42亿元。饮料乳品板块个股资金流向见下表： 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300106 | 西部牧业 | 12.31 | 2.50% | 24.57万 | 2.99亿 | | 300892 | 铝酒食品 | 33.72 | 2.40% | 4.23万 | 1.42 Z | | 300898 | 熊猫乳品 | 28.06 | 2.33% | 7.02万 | 1.95亿 | | 832786 | 骑士乳业 | 10.89 | 2.25% | 17.14万 | 1.85亿 | | 300915 | 海融科技 | 26.83 | 1.98% | 2.01万 | 5352.85万 | | 300997 | 欢乐家 | 16.13 | 1.96% | 4. ...

专题：专题|2024年度A股董秘数据报告：1144位董秘年薪超百万 占比超21% 董秘作为连接投资者与上市公司的"桥梁"，在上市公司资本运作中发挥着关键作用。新浪财经《2024年度A股董秘数据报告》显示，2024年A股上市公司董秘薪酬合计达40.86亿元，平均年薪7 分行业来看，A股乳制品行业28家上市公司董秘薪酬均值为85.08万元，高于市场均值。 光明乳业董秘沈小燕薪酬最高，达到135.59万元；其次是妙可蓝多董秘谢毅，薪酬124.99万元；此外，燕塘乳业董秘李春锋薪酬122.99万元，海融科技董秘庄涛薪酬110.7万元，新乳业董秘 剔除2024年开始任职数据，薪酬最低的是维维股份（维权）董秘于航航，仅为14万元。此外，西部牧业董秘梁雷薪酬15.93万元，仅次于维维股份。 去年有19家公司董秘薪酬在增加，其中伊利股份董秘邱向敏涨薪19.98万元至75.53万元。三元股份张娜涨薪14.77万元至79.08万元。熊猫乳品徐笑宇涨薪12.74万元至79.88万元。 剔除2024年离职董秘数据之后，有4家公司董秘在降薪，其中欢乐家董秘范崇澜降薪3.71万元至84.29万元；李子园董秘程伟忠降薪3.24万元至43. ...

Core Insights - The report highlights that in 2024, the total salary of A-share listed company secretaries reached 4.086 billion yuan, with an average annual salary of 754,300 yuan [1] - The dairy industry has the highest average salary for secretaries at 850,800 yuan, surpassing the market average [1] - The majority of secretaries are aged between 40 and 50 years, accounting for 54% of the total [1] Salary Distribution - The salary range of 500,000 to 1 million yuan is the most common, representing 39% of secretaries [5] - There are five secretaries earning between 1 million and 2 million yuan, while three earn between 100,000 and 300,000 yuan [5] - The highest-paid secretary is from Bright Dairy, earning 1.3559 million yuan, followed by the secretaries from Miaokelando and Yantang Dairy with salaries of 1.2499 million yuan and 1.2299 million yuan respectively [5] Changes in Salary - Nineteen companies reported salary increases for their secretaries, with notable increases including 199,800 yuan for Yili's secretary [6] - Four companies experienced salary reductions, with the largest decrease being 37,100 yuan for Huanlejia's secretary [6] - The lowest salary recorded was 140,000 yuan for the secretary of Weiweisheng, while the second lowest was 159,300 yuan for Xibu Muye's secretary [6] Educational Background - The majority of secretaries hold a bachelor's degree, accounting for 46%, followed by master's degree holders at 39% [3]

光明乳业董秘沈小燕薪酬最高，达到135.59万元；其次是妙可蓝多董秘谢毅，薪酬124.99万元；此外， 燕塘乳业董秘李春锋薪酬122.99万元，海融科技董秘庄涛薪酬110.7万元，新乳业董秘郑世锋薪酬109.33 万元，均超过100万。 剔除2024年开始任职数据，薪酬最低的是维维股份（维权）董秘于航航，仅为14万元。此外，西部牧业 董秘梁雷薪酬15.93万元，仅次于维维股份。 从学历来看，本科为主力，占比达到46%；其次是硕士，占比为39%；此外有3名专科，1名博士。 从薪酬来看，50万（含）-100万为主力，占比达到39%；其次是30万（含）-50万，占比达到29%。100 万（含）-200万年薪的董秘有5名，还有3名董秘年薪在10万（含）-30万。 专题：专题|2024年度A股董秘数据报告：1144位董秘年薪超百万 占比超21% 董秘作为连接投资者与上市公司的"桥梁"，在上市公司资本运作中发挥着关键作用。新浪财经《2024年 度A股董秘数据报告》显示，2024年A股上市公司董秘薪酬合计达40.86亿元，平均年薪75.43万元。 分行业来看，A股乳制品行业28家上市公司董秘薪酬均值为85.08万元，高于市 ...