证券代码：300999 证券简称：金龙鱼 公告编号：2025-034 益海嘉里金龙鱼食品集团股份有限公司 关于控股股东自愿延长限售股份锁定期的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）近日收到控股 股东 Wilmar Distribution (Hong Kong) Limited（豐益營銷（香港）有限公司，以 下简称"丰益香港""承诺人"）出具的《关于自愿延长股份锁定和减持的承诺》， 丰益香港基于对公司未来发展前景的信心和对公司价值的高度认可，为进一步促 进公司持续、稳定发展，维护广大投资者利益，自愿延长所持有的公司首发前限 售股份的锁定期。具体情况如下： 一、追加承诺股东基本情况介绍 1、股东的基本情况 控股股东：丰益香港 成立日期：1990 年 8 月 7 日 注册地址：25th Floor, Neich Tower, 128 Gloucester Road, Wanchai, Hong Kong 注册资本：43,681,335,397 港币 经营范围：投资控股，国际贸易及提供运营支持服务 ...

Market Overview - On August 25, the agricultural processing sector rose by 2.01% compared to the previous trading day, with Yizhi Mohou leading the gains [1] - The Shanghai Composite Index closed at 3883.56, up 1.51%, while the Shenzhen Component Index closed at 12441.07, up 2.26% [1] Stock Performance - Yizhi Mohou (839273) closed at 47.59, with an increase of 8.55% and a trading volume of 96,300 shares, amounting to a transaction value of 445 million [1] - COFCO Sugar (600737) closed at 15.92, up 6.70%, with a trading volume of 1,333,700 shares and a transaction value of 2.087 billion [1] - Oufu Egg Industry (839371) closed at 11.62, increasing by 4.59%, with a trading volume of 93,300 shares and a transaction value of 10.8 million [1] - Morning Light Bio (300138) closed at 14.20, up 4.41%, with a trading volume of 173,500 shares and a transaction value of 242 million [1] - Other notable stocks include ST Langyuan (300175) with a 1.91% increase and a closing price of 5.86, and Jinlongyu (300999) with a 1.77% increase and a closing price of 33.29 [1] Capital Flow - The agricultural processing sector saw a net inflow of 171 million from institutional investors, while retail investors experienced a net outflow of 1.82 billion [2][3] - Major stocks like COFCO Sugar and Jinlongyu had significant capital movements, with COFCO Sugar seeing a net inflow of 156 million from institutional investors [3] - Jinlongyu had a net inflow of 33.81 million from institutional investors, while retail investors withdrew 12.1 million [3]

金龙鱼最新一期业绩显示，截至2025中报，公司营业总收入1156.82亿元、同比增长5.67%，归属净利润 17.56亿元，同比增长60.07%，扣非净利润13.89亿元，同比增长764.33%，流动比率1.196、速动比率 0.820、资产负债率55.88%。 天眼查商业履历信息显示，益海嘉里金龙鱼食品集团股份有限公司，成立于2005年，位于上海市，是一 家以从事农副食品加工业为主的企业。企业注册资本542159.1536万人民币，实缴资本542159.1536万人 民币。公司法定代表人为KUOK KHOON HONG（郭孔丰）。 金融界消息 截至2025年8月25日收盘，金龙鱼（300999）报收于33.29元，上涨1.77%，换手率3.81%， 成交量20.66万手，成交金额6.82亿元。 资金流向方面，今日主力资金净流入3381.49万元，占比成交额4.96%。其中，超大单净流入3729.69万 元、占成交额5.47%，大单净流出348.20万元、占成交额0.51%，中单净流出流出2171.05万元、占成交 额3.18%，小单净流出1210.43万元、占成交额1.77%。 通过天眼查大数据分析，益海嘉 ...

格隆汇8月22日丨金龙鱼(300999.SZ)于投资者互动平台表示，公司主要专注于中国境内等市场，出口海 外的销售收入占比很小。 （原标题：金龙鱼(300999.SZ)：出口海外的销售收入占比很小） ...

Core Insights - The stock price of Golden Dragon Fish (金龙鱼) closed at 32.2 yuan on August 19, 2025, with a slight decline of 0.34% [1] - The company reported a total revenue of 115.68 billion yuan for the first half of 2025, reflecting a year-on-year growth of 5.67% [1] - The net profit attributable to shareholders reached 1.76 billion yuan, showing a significant increase of 60.07% year-on-year [1] - The company has a current ratio of 1.196 and a quick ratio of 0.820, indicating a stable liquidity position [1] Financial Performance - Total revenue for the first half of 2025: 115.68 billion yuan, up 5.67% year-on-year [1] - Net profit attributable to shareholders: 1.76 billion yuan, up 60.07% year-on-year [1] - Non-recurring net profit: 1.39 billion yuan, up 764.33% year-on-year [1] - Asset-liability ratio: 55.88% [1] Company Overview - Golden Dragon Fish Food Group Co., Ltd. was established in 2005 and is based in Shanghai, primarily engaged in the agricultural and food processing industry [1] - The company has a registered capital of 54.22 billion yuan [1] - The legal representative of the company is Kuok Khoon Hong [1] Investment and Business Activities - The company has made investments in 239 enterprises and participated in 62 bidding projects [2] - It holds 14 patents and has 40 administrative licenses [2]

Group 1 - The core viewpoint of the articles highlights the growth and strategic development of the company's seasoning and health product lines, indicating a focus on consumer trends and product diversification [1][2] Group 2 - The company is developing its seasoning business to complement existing products, leveraging current distribution channels to offer high-quality products at lower costs, with a sales growth of over 20% year-on-year in the first half of the year [1] - The company has introduced new MSG products and plans to expand its seasoning product categories further [1] - The trend towards smaller packaging is driven by the increase in young and small families, with the proportion of consumers purchasing 5L or larger cooking oil products decreasing from approximately 60%-70% to below 50% [1] - The company has observed significant growth in small-sized products across various regions, with positive sales trends for 700ML, 900ML, and 1.8L oil products, as well as 1KG and 2.5KG flour and rice [1] Group 3 - The company has launched the "Golden Dragon Fish Fengyitang" health products, which are functional products aimed at improving user health indicators, receiving positive feedback since their launch [2] - Some products have achieved a repurchase rate of over 30% through internal employee and partner experiences, indicating strong initial market acceptance [2] - The company plans to utilize its extensive production base and partner network for large-scale experiential marketing, while also exploring collaborations with professional platforms and media for sales through live streaming and group buying [2] - The company is committed to continuously enriching its health product offerings and converting functional products into ready-to-eat foods through its central kitchen system [2]

Core Insights - The article emphasizes the importance of futures hedging for oilseed and oil enterprises to stabilize operations and mitigate risks in the context of increasing price volatility in the commodity market [1][2] - Jinlongyu (金龙鱼) is highlighted as a leader in the industry, showcasing outstanding performance in its futures hedging business and setting a benchmark for information disclosure in the sector [1][2] Group 1: Company Performance - Jinlongyu reported a revenue of 1156.82 billion yuan in the first half of the year, representing a year-on-year growth of 5.67% [2] - The company's net profit attributable to shareholders reached 17.56 billion yuan, a significant increase of 60% compared to the previous year [2] - The non-recurring net profit was 13.89 billion yuan, showing a remarkable growth of 764% year-on-year [2] Group 2: Hedging Strategy and Industry Trends - The hedging strategy has evolved from merely risk defense to becoming a strategic foundation for stable operations, integrating futures tools with spot operations [2][4] - The overall participation rate in hedging within the grain and oil processing industry is high, with both large and small enterprises engaging in hedging activities [3] - The industry is moving towards a phase characterized by comprehensive coverage, refined operations, and strategic enhancement in hedging practices [3] Group 3: Information Disclosure Practices - Jinlongyu has set a standard for transparent information disclosure regarding its hedging activities, allowing investors to understand the effectiveness of risk management [6][8] - The company’s half-year report provided detailed information on hedging tools, their purposes, and the financial impacts, enhancing investor trust [6][7] - The shift towards transparent disclosure is seen as crucial for improving investor confidence and understanding of financial risks and performance [8][9] Group 4: Industry Implications - Jinlongyu's practices serve as a model for other companies in the oilseed and oil sector, highlighting the importance of effective risk management and value creation through hedging [9][10] - The article suggests that companies should recognize the significance of hedging in both risk management and value creation, while also prioritizing accurate and timely information disclosure [9][10] - The future of the industry will likely see continued price volatility, making hedging an essential tool for enterprises to achieve sustainable development [10]

Core Insights - The article discusses the evolution of hedging strategies in the oilseed and oil industry, highlighting how companies like Jinlongyu have transformed hedging from a mere risk management tool into a strategic foundation for stable operations [1][3][7] - The performance of Jinlongyu and Daodaquan demonstrates the effectiveness of hedging, with Jinlongyu reporting a revenue of 115.68 billion yuan and a net profit of 1.76 billion yuan in the first half of the year, while Daodaquan achieved a revenue of 2.79 billion yuan and a net profit of 181 million yuan [1][2] Company Performance - Jinlongyu's revenue for the first half of the year reached 115.68 billion yuan, a year-on-year increase of 5.67%, with a net profit of 1.76 billion yuan, up 60% [1] - Daodaquan reported a revenue of 2.79 billion yuan, reflecting a 1.16% year-on-year growth, and a net profit of 181 million yuan, which is a significant increase of 563.15% [2] Hedging Strategy and Impact - Jinlongyu has successfully integrated hedging into its operational strategy, achieving a total profit of 5.8 billion yuan from hedging tools and underlying projects [3][4] - The hedging business has become a standard practice in the industry, with a high participation rate among grain and oil processing companies, indicating a shift towards comprehensive coverage and strategic enhancement [2][3] Information Disclosure Practices - Jinlongyu has improved its information disclosure regarding hedging activities, providing clear insights into its hedging profits and strategies, which enhances investor understanding and trust [4][5][6] - The company’s transparent reporting practices have set a benchmark in the industry, contrasting with the previous opaque disclosures that left investors confused [4][7] Industry Trends and Recommendations - The article emphasizes the importance of transparent information disclosure and robust risk management strategies for oilseed and oil companies to gain market trust and ensure sustainable development [6][9] - Companies are encouraged to learn from Jinlongyu's practices, focusing on enhancing their hedging strategies and improving information disclosure to foster industry growth [7][9]

Group 1: Market Impact and Product Development - The preliminary ruling on anti-dumping investigations against Canadian canola seeds may impact the company's canola business, but the overall effect is expected to be minimal due to the ability to substitute with soybean products [2] - The "Golden Fish Fengyitang" health product line has received positive feedback, with some products achieving a repurchase rate exceeding 30% [3] - The company is leveraging its extensive production base and partner network for experiential marketing to enhance brand loyalty [3] Group 2: Economic and Regulatory Environment - The "ban on alcohol" and "takeout subsidy war" may temporarily affect the restaurant industry, but the company's core business of staple food products is expected to remain stable in the long term [4] - The palm oil price is projected to stabilize in the short term due to supply constraints and fluctuating demand [5] Group 3: Financial Performance and Strategy - In the first half of 2025, the company's kitchen food distribution revenue grew by approximately 7% year-on-year, despite a slight decrease in the number of distributors [6] - The feed raw materials and oil technology segment has seen improved gross margins, driven by lower soybean prices and stable downstream demand [7] Group 4: Business Expansion and Consumer Trends - The central kitchen food park business is progressing, although expansion has been slightly slower than expected due to cautious attitudes from potential partners [8] - The company is focusing on high-end products, which have shown steady growth, while also maintaining competitiveness in the mid-range and mass markets [8] - The small packaging trend is gaining traction, with a significant shift in consumer preferences towards smaller product sizes [8]

Core Viewpoint - The company Yao Mazi Food Co., Ltd. is attempting to go public again by submitting IPO materials to the Sichuan Securities Regulatory Bureau after previously withdrawing its application for the Shenzhen Stock Exchange main board in December 2023 [1][4]. Group 1: Company Background - Yao Mazi was established on March 20, 2008, with a registered capital of 132 million yuan [3]. - The controlling shareholder is Zhao Yuejun, who directly holds 30.92% of the company's shares [3]. - The company primarily operates in the food production industry and is currently listed on the National SME Share Transfer System with the stock code 874322 [3]. Group 2: IPO Journey - The IPO journey has faced challenges, including a shift from the initial plan to list on the ChiNext board to the Shenzhen main board, and ultimately a withdrawal of the application in December 2023 due to strategic adjustments [4]. - Following the withdrawal, the company and its intermediaries faced regulatory penalties for failing to adequately verify related party transactions [4]. Group 3: Financial Performance - In 2024, the company achieved a revenue of 625 million yuan, a year-on-year increase of 14.69%, and a net profit of 157 million yuan, which surged by 58.95% [6]. - The gross profit margin improved from 33.3% to 38.83% during the same period [6]. Group 4: Product Dependency and Market Competition - The company heavily relies on its flagship product, pepper oil, which accounted for 92.48% of its revenue in 2024 [6]. - The market for pepper oil in China is projected to grow from 1.67 billion yuan in 2022 to 3.56 billion yuan by 2027, with a compound annual growth rate of approximately 15%-20% [6]. Group 5: Governance and Risk Factors - Yao Mazi is a family-owned business, with the founding family holding 68.21% of the shares, which raises governance concerns [8]. - The company has faced 37 complaints related to product quality issues from early 2022 to August 2024, although it claims to have implemented corrective measures [9].