仲景食品股份有限公司 章 程 二〇二五年五月 | 第一章 总则 | | 1 | | --- | --- | --- | | 第二章 | 经营宗旨和范围 | 2 | | 第三章 股 | 份 | 2 | | 第一节 | 股份发行 | 2 | | 第二节 | 股份增减和回购 | 3 | | 第三节 | 股份转让 | 4 | | 第四章 | 股东和股东大会 | 6 | | 第一节 | 股东 | 6 | | 第二节 | 股东大会的一般规定 | 8 | | 第三节 | 股东大会的召集 | 11 | | 第四节 | | 股东大会的提案与通知 12 | | 第五节 | 股东大会的召开 | 13 | | 第六节 | | 股东大会的表决和决议 16 | | 第五章 董事会 | | 21 | | 第一节 | 董事 | 21 | | 第二节 | 董事会 | 23 | | 第六章 | 总经理及其他高级管理人员 | 27 | | 第七章 监事会 | | 29 | | 第一节 | 监事 | 29 | | 第二节 | 监事会 | 30 | | 第八章 | | 财务会计制度、利润分配和审计 31 | | 第一节 | 财务会计制度 | 31 | ...

2、统一社会信用代码：91411300742548454G 证券代码：300908 证券简称：仲景食品 公告编号：2025-027 仲景食品股份有限公司 关于变更公司经营范围并完成工商变更登记的公告 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、误导性陈述或者重大遗漏。 一、具体情况概述 仲景食品股份有限公司（以下简称"公司"）于 2025 年 4 月 23 日召开第六 届董事会第十二次会议、2025 年 5 月 9 日召开 2025 年第一次临时股东大会，审 议通过了《关于变更公司经营范围及修订<公司章程>的议案》，同意公司变更经 营范围，并同时对《公司章程》中相应内容进行修订。具体内容详见公司于 2025 年 4 月 24 日、2025 年 5 月 9 日披露在巨潮资讯网（www.cninfo.com.cn）的相 关公告。 近日，公司已完成经营范围的工商变更登记及《公司章程》备案手续，并取 得西峡县市场监督管理局换发的《营业执照》。新的《营业执照》基本信息如下： 1、名称：仲景食品股份有限公司 3、类型：其他股份有限公司（上市） 4、住所：西峡县工业大道北段 211 号 5、法 ...

Group 1: Plant-Based Beverage Industry - The plant-based beverage industry is experiencing a divergence in performance among major companies, with some like Yangyuan Beverage seeing profit growth despite a slight revenue decline, while others like Huanlejia face declines in both revenue and profit [2] - Traditional plant-based beverages are limited by seasonal demand and face competition from emerging categories, necessitating innovation to meet the health-conscious preferences of younger consumers [2] Group 2: Chinese Condiment Industry - The Chinese condiment industry has evolved from a focus on export during the planned economy era to becoming a global rule-maker, with companies like Haitian Flavoring and Lee Kum Kee leading the way [3][4] - The industry is leveraging cultural exports and technological innovation to reshape its landscape, emphasizing quality and innovation to support the globalization of Chinese flavors [4] Group 3: Community Supermarkets - Community supermarkets are gaining traction, with brands like Ole' and Hema NB expanding rapidly, focusing on middle-class consumers and enhancing product quality and efficiency [5] - The core competitiveness of community supermarkets lies in product control and operational efficiency, requiring deep supply chain engagement and digital tool application [5] Group 4: Health and Wellness Trends - There is a growing trend among young consumers towards "light wellness" products, with a focus on health-conscious beverages that are low in sugar and calories [6] - Boxed water products have seen significant sales growth, with products like fig and flaxseed water experiencing a 130% increase in sales [6] Group 5: Instant Food Market - The instant food market is shifting from high-end products to a focus on affordability, with budget products now accounting for nearly 50% of the instant noodle market [7] - Future opportunities lie in diversifying flavors and adjusting strategies to meet the differentiated demands of various market segments [7] Group 6: Aging Population and Bakery Market - The aging population is driving demand for soft-textured baked goods, with health-oriented and age-appropriate products becoming market hotspots [9] - Innovations inspired by Japanese practices, such as low-sugar and low-salt options, are key directions for the industry [9] Group 7: Snack Food Market Forecast - The Chinese snack food market is projected to grow to 972 billion yuan by 2025, with nut snacks holding the largest market share [10] - The industry is witnessing a shift towards health-oriented ready-to-eat products, with e-commerce and live streaming becoming significant growth drivers [10] Group 8: Beverage Market Dynamics - The beverage market is undergoing adjustments, with significant growth in electrolyte water and tea beverages, while packaged water sales are declining [12] - Companies like Nongfu Spring and Eastroc Beverage are experiencing contrasting performance, highlighting the competitive landscape [12] Group 9: Pre-made Dishes Market - The pre-made dishes market is experiencing a cooling phase, with many leading companies facing revenue declines due to changing consumer demands and increased competition [14] - Opportunities remain in local specialties and high-end products, with new retail channels emerging as growth points [14] Group 10: Health Drink Innovations - The market for Chinese herbal health drinks is expanding rapidly, with sales increasing from 0.1 billion yuan in 2018 to an expected 10 billion yuan by 2028 [19] - Companies are focusing on packaging, formulation, and marketing to differentiate themselves in a competitive landscape [19] Group 11: Functional Beverage Market - The functional beverage market is becoming increasingly diverse, with brands like Zhenguanzhuang entering the market with zero-sugar options targeting health-conscious consumers [32] - The collaboration between Zhenguanzhuang and Super Extreme Drink aims to fill market gaps and cater to the preferences of the younger generation [32] Group 12: Snack Food IPO Trends - Recent trends show a surge in snack food companies seeking IPOs in Hong Kong, with brands like Three Squirrels aiming to solidify their market position [21] - These companies face challenges related to competition and growth bottlenecks, despite their ambitions for expansion [21]

证券代码：300908 证券简称：仲景食品 公告编号：2025-026 仲景食品股份有限公司 2025 年第一次临时股东大会决议公告 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。 特别提示： 1、本次股东大会不存在否决议案的情形。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开时间： 1、现场会议召开时间：2025 年 5 月 9 日（星期五）下午 15:30 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为 2025 年 5 月 9 日 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券交易所 互联网投票系统投票的时间为 2025 年 5 月 9 日 9:15-15:00。 （二）现场会议召开地点：河南省西峡县工业大道北段 211 号公司办公楼一 楼会议室。 （六）本次股东大会的召集、召开及表决方式符合《中华人民共和国公司法》 《深圳证券交易所创业板股票上市规则》等有关法律、行政法规、部门规章、规 范性文件和《公司章程》的有关规定。 （七）会议出席情况 1、股东出 ...

北京市海淀区阜成路 58 号新洲商务大厦 502-504 室 电话：（010）8813 1230/34/35 网址：https://phlawyer.com.cn/ 北京市普华律师事务所关于 仲景食品股份有限公司 2025 年第一次临时股东大会的 法律意见书 致：仲景食品股份有限公司 北京市普华律师事务所（以下简称"本所"）接受仲景食品股份有限公司（以 下简称"公司"）的委托，指派本所李鹏飞律师、刘铮律师列席了公司于 2025 年 5 月 9 日召开的 2025 年第一次临时股东大会（以下简称"本次股东大会"）， 并依据《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》"）、《上市公司股东会规则》等法律、 行政法规和规范性文件以及《仲景食品股份有限公司章程》（以下简称"《公司 章程》"）的规定，对本次股东大会的召集和召开程序、出席会议人员资格和召 集人资格、会议表决程序和表决结果等事宜出具本法律意见书。 1.2025 年 4 月 23 日，公司第六届董事会第十二次会议通过了《关于召开 2025 年第一次临时股东大会的议案》等议案，定于 2025 年 5 月 9 ...

Core Insights - The behavior of margin traders has attracted significant market attention, with investors hoping to capture investment opportunities from their activities [1] Group 1: Margin Trading Data - On May 8, a total of 3,663 stocks received margin buying funds, with the top three stocks being Xinyi Technology (¥1.425 billion), Zhongji Xuchuang (¥1.053 billion), and Shenghong Technology (¥807 million) [1] - The table lists stocks with the highest margin buying amounts, including Tiancheng Technology (¥15.75 million), Xingqiu Graphite (¥8.83 million), and Lianyu Co. (¥15.27 million), showing their respective transaction amounts and margin buying ratios [1] - Margin buying accounted for significant percentages of total transaction amounts for various stocks, with Tiancheng Technology at 28.65%, Xingqiu Graphite at 28.51%, and Lianyu Co. at 28.15% [1] Group 2: Stock Performance - The price changes of stocks with high margin buying varied, with some stocks experiencing gains, such as Tiancheng Technology (1.47%) and Xingqiu Graphite (2.39%), while others like Fuliwang saw a decline (-3.29%) [1][2] - The data indicates that margin buying can correlate with stock performance, as seen in the fluctuations of the stocks listed [1][2]

Investment Rating - The report maintains a "Buy" investment rating for the company [7] Core Views - The company demonstrates steady revenue growth and adheres to a major product strategy, focusing on key items like mushroom sauce and Shanghai scallion oil to expand its customer base [6][5] - The company is also exploring new growth avenues by developing health-oriented products, such as the medicinal food product "Zhongjing Yuanqi Ginseng," which is being promoted through e-commerce and chain pharmacies [6] Summary by Sections Financial Performance - In Q1 2025, the company reported total revenue of 277 million yuan, a year-on-year increase of 1%, and a net profit attributable to shareholders of 48 million yuan, a decrease of 5% [4] - The gross margin improved by 1 percentage point to 45.91% due to a decline in raw material costs, while the net profit margin decreased by 1 percentage point to 17.49% due to increased sales and management expenses [5] Profit Forecast - The company is expected to maintain steady growth, with projected earnings per share (EPS) of 1.30, 1.43, and 1.59 yuan for 2025, 2026, and 2027 respectively, corresponding to price-to-earnings (PE) ratios of 23, 21, and 19 [7] - Revenue forecasts for 2025-2027 are 1,183 million, 1,283 million, and 1,395 million yuan, with growth rates of 7.7%, 8.5%, and 8.7% respectively [10]

证券代码：300908 证券简称：仲景食品 公告编号：2025-025 仲景食品股份有限公司 2024年年度权益分派实施公告 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、股东大会审议通过的权益分派方案情况 1、仲景食品股份有限公司（以下简称"公司"或"本公司"）2024 年年度 利润分配预案已获 2025 年 4 月 16 日召开的 2024 年年度股东大会审议通过，具 体内容为：以 2024 年 12 月 31 日总股本 146,000,000 股为基数，向全体股东每 10 股派发现金红利人民币 8 元（含税），共计派发现金红利人民币 116,800,000 元（含税），不送红股，不以资本公积转增股本。利润分配预案发布后至实施前， 公司总股本如发生变化，将按照每股分配比例不变的原则，相应调整分配总额。 2、自利润分配预案披露至实施期间，公司股本总额未发生变化。 3、本次实施的权益分派方案与股东大会审议通过的预案及其调整原则一致。 4、本次实施权益分派方案距离股东大会审议通过的时间未超过两个月。 二、本次实施的权益分派方案 本公司 2024 年年度权益 ...

Core Insights - The company reported a slight increase in revenue of 1.06% year-on-year, reaching 277 million yuan in Q1 2025, but experienced a decline in net profit attributable to shareholders by 4.81%, indicating a phase of "increased revenue without increased profit" [1] Financial Performance - Operating costs decreased by 1.50% to 150 million yuan, attributed to adjustments in raw material procurement strategies and improved production efficiency [2] - Gross margin improved by 1.41 percentage points to 45.91%, supported by strategic procurement alliances and optimized inventory management [2] - Sales expenses rose by 11.96% to 51 million yuan, with the expense ratio increasing to 18.59%, primarily for offline channel expansion and brand promotion [2] - R&D expenses saw a significant increase of 27.64% to 10 million yuan, while financial expenses dropped by 53.29% due to reduced interest income, further impacting net profit margins [2] Strategic Developments - The company made a significant move in its business transformation with the launch of its first ready-to-eat health product, "Zhongjing Yuanqi Ginseng," which targets the convenient health food market [3] - The product is positioned within the concept of food and medicine integration, but faces challenges due to intense competition in the health food sector and the time required for consumer brand recognition [3] - The Nanyang Zhongjing Food Industrial Park's first phase, including the seasoning sauce workshop, has entered trial production, leveraging regional raw material advantages to reduce costs [3] Conclusion - The Q1 2025 performance reflects typical challenges faced by traditional food companies during consumption upgrade cycles, balancing short-term cost pressures and strategic transformation for long-term growth [4] - While improvements in gross margin and cash flow indicate effective internal management, the decline in net profit highlights mismatches between expense control and revenue growth [4] - The company's attempts in the health sector and industrial park development demonstrate strategic foresight, but the long nurturing period for new businesses and capacity digestion pressures remain significant challenges [4]

证券研究报告 | 公司点评报告 2025 年 04 月 23 日 仲景食品（300908.SZ） 基础数据 | 总股本（百万股） | 146 | | --- | --- | | 已上市流通股（百万股） | 124 | | 总市值（十亿元） | 4.4 | | 流通市值（十亿元） | 3.7 | | 每股净资产（MRQ） | 12.1 | | ROE（TTM） | 9.8 | | 资产负债率 | 13.0% | | 主要股东 河南省宛西控股股份有限公 | | | 主要股东持股比例 | 39.43司% | 股价表现 收入平稳过渡，费用拖累盈利 消费品/食品饮料 % 1m 6m 12m 绝对表现 0 10 7 相对表现 4 15 -1 -30 -20 -10 0 10 20 30 40 Apr/24 Aug/24 Dec/24 Mar/25 (%) 仲景食品 沪深300 公司 Q1 收入/归母净利润同比+1.06%/-4.81%，结合 Q4 和 Q1 看收入表现平 稳，利润受费用率提升影响下滑。25 年公司收入端加大线下渠道铺货，成本 端平稳，部分原材料价格有向下趋势，同时线上投入更高效，预计利润端增速 快于收入。 ...