中信证券股份有限公司 关于江苏益客食品集团股份有限公司 2024年持续督导工作现场检查结果 及提请公司注意事项 江苏益客食品集团股份有限公司： 中信证券股份有限公司（以下简称"本保荐人"）作为对贵公司进行持续督 导的保荐人，按照《深圳证券交易所上市公司自律监管指引第 13 号——保荐业 务》的有关要求，对贵公司认真履行了持续督导职责。 1、建议公司继续严格按照《公司法》《证券法》《上市公司治理准则》《深圳 证券交易所创业板股票上市规则》等法律法规的要求，不断完善上市公司法人治 理结构，强化风险防范意识，确保信息披露内容的真实、准确、完整。 2、建议公司针对近两年业绩大幅波动情况采取有利措施，加强平抑行业波 动对公司业绩影响的能力，提升公司稳定盈利能力。公司应持续关注未来业绩情 况，及时披露相关信息，积极提高经营成果，以切实回报全体股东。 附件：《定期现场检查报告》 （此页无正文，为《中信证券股份有限公司关于江苏益客食品集团股份有限公司 2024年持续督导工作现场检查结果及提请公司注意事项》之盖章页） 保荐人：中信证券股份有限公司（盖章） 年 月 日 基于 2024 年度现场检查，本保荐人提请贵公司关注以下事项 ...

中信证券股份有限公司 | 1.公司已披露的公告与实际情况是否一致 | √ | | --- | --- | | 2.公司已披露的内容是否完整 | √ | | 3.公司已披露事项是否未发生重大变化或者取得重要进展 | √ | | 4.是否不存在应予披露而未披露的重大事项 | √ | | 5.重大信息的传递、披露流程、保密情况等是否符合公司 | √ | | 信息披露管理制度的相关规定 | | | 6.投资者关系活动记录表是否及时在深圳证券交易所互动 | √ | | 易网站刊载 | | | （四）保护公司利益不受侵害长效机制的建立和执行情况 | | 现场检查手段： 查阅公司章程及相关制度文件；查阅关联交易、对外担保、重大对外投资的明细， 查阅决策程序和信息披露材料，分析关联交易和重大对外投资的定价公允性；查 阅公司与控股股东、实际控制人及其关联方的资金往来明细及相关内部审议文 件、信息披露文件，查阅发行人及其控股股东关于是否存在违规占用发行人资金 的说明，查阅会计师关于江苏益客食品集团股份有限公司非经营性资金占用及其 他关联资金往来的专项说明，对财务总监、董事会秘书进行了访谈。 关于江苏益客食品集团股份有限公司 20 ...

Group 1 - Yike Food has experienced a decline for four consecutive trading days, with a cumulative drop of -2.24% [1] - Yike Food Group is recognized as a leading and rapidly growing large-scale agricultural and livestock food group in China [1] - Guotai Fund's Guotai Zhongzheng Livestock Breeding ETF is among the top ten shareholders of Yike Food and has reduced its holdings in the first quarter of this year [1] Group 2 - The performance of Yike Food in terms of returns shows a year-to-date yield of 2.98%, ranking 1064 out of 3383 in its category [2] - The fund manager of Guotai Zhongzheng Livestock Breeding ETF is Liang Xing, who has extensive experience in fund management [3][4] - Liang Xing has managed various funds since joining Guotai Fund in 2011, with a focus on sectors such as pharmaceuticals and food and beverage [3][4]

北京市金杜律师事务所 关于江苏益客食品集团股份有限公司 2024 年度股东会 之法律意见书 致：江苏益客食品集团股份有限公司 北京市金杜律师事务所（以下简称本所）接受江苏益客食品集团股份有限 公司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券 法》）、《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委 员会《上市公司股东会规则（2025 年修订）》（以下简称《股东会规则》）等中 华人民共和国境内（以下简称中国境内，为本法律意见书之目的，不包括中国 香港特别行政区、中国澳门特别行政区和中国台湾地区）现行有效的法律、行 政法规、规章和规范性文件和现行有效的公司章程有关规定，指派律师出席了 公司于 2025 年 5 月 13 日召开的 2024 年度股东会（以下简称本次股东会），并 就本次股东会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括但不限 于： 1. 经公司 2024 年第三次临时股东大会审议通过的《江苏益客食品集团股 份有限公司章程》（以下简称《公司章程》）； 2. 公司 2025 年 4 月 23 日刊登于巨潮资讯网及深圳证券交 ...

证券代码：301116 证券简称：益客食品 公告编号：2025-027 江苏益客食品集团股份有限公司 2024 年度股东会决议公告 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、本次股东会未出现否决议案的情况； 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开和出席情况 （1）会议召开时间：2025 年 5 月 13 日（星期二）14:30 （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具体时 间为：2025 年 5 月 13 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进行网络投票的具体时间为：2025 年 5 月 13 日 9:15 至 15:00 期间的任意时间。 2、会议召开地点：宿迁高新技术产业开发区华山路北侧（益客总部会议室） 3、会议召开方式：采取现场表决与网络投票相结合的方式 4、会议召集人：江苏益客食品集团股份有限公司（以下简称"公司"）董事 会 5、会议主持人：董事长田立余先生因外地出差不能现场主持本次股东会， 根据《公司章程》《股 ...

Core Insights - The company experienced a decline in industry prosperity, with a significant drop in net profit for Q1 2025, showing a year-on-year decrease of 191% [1] - In 2024, the company achieved a revenue of 20.837 billion yuan, a year-on-year decrease of 4.80%, while net profit increased by 158.59% to 100 million yuan, primarily due to lower feed raw material prices and higher prices for duck down by-products [1] Group 1: Slaughtering Segment - In 2024, the slaughtering segment maintained expansion with a sales volume increase of 4.09% to 1.6873 million tons, although revenue decreased by 10.24% to 14.583 billion yuan [2] - The gross margin improved by 1.28 percentage points to 2.73% [2] - Duck product sales volume increased by 6.59% to 986,400 tons, generating revenue of 8.319 billion yuan, with a gross margin increase of 2.53 percentage points to 3.86% [2] Group 2: Breeding Segment - In 2024, the breeding segment saw a sales volume decline of 18.48% to 280 million chicks, with revenue down 16.53% to 1.049 billion yuan, but gross margin improved significantly by 20.23 percentage points to 31.93% [3] - Duckling production decreased by 11.70% to 239 million, with revenue down 7.17% to 870 million yuan, while gross margin increased by 18.77 percentage points to 31.68% [3] - Chicken chick production increased by 9.22% to 89 million, but revenue fell by 26.66% to 180 million yuan, with a gross margin increase of 23.40 percentage points to 33.13% [3] Group 3: By-products Segment - The company benefited from the rise of the ice and snow economy, with duck down product sales volume increasing by 19.48% to 18,000 tons and revenue rising by 28.03% to 919 million yuan [3] - The gross margin for duck down products improved by 3.57 percentage points to 11.68% [3]

Group 1 - The overall export situation of Chinese down feathers and bedding is improving, indicating an intensified "rush for exports" effect [1][46] - In March 2025, the export volume of down feathers from Anhui province reached approximately 1,390 tons, a year-on-year increase of 13%, with an export value of about 201 million yuan, up 42% year-on-year [11] - Zhejiang province ranked first in total export value for the first quarter of 2025, exporting about 3,408 tons of down feathers, a year-on-year decrease of 15%, but with an export value of approximately 558 million yuan, a 29% increase year-on-year [12] Group 2 - In March 2025, the export of down bedding reached approximately 4,208 tons (about 1.63 million pieces), a year-on-year increase of 28%, with an export value of about 429 million yuan, up 41% year-on-year [22] - The United States remained the largest trading partner for down bedding exports, accounting for 37% of the total export volume in March, with an export quantity of about 490 tons, a year-on-year increase of 28% [24] - The export of "other down bedding" in March 2025 was approximately 3,342 tons, a year-on-year increase of 39%, with an export value of about 119 million yuan, up 25% year-on-year [25] Group 3 - In March 2025, the export of down clothing was approximately 453,000 pieces, a month-on-month decrease of 9%, with an export value of about 106 million yuan, a month-on-month increase of 0.3% [30] - The export volume of down clothing in March 2025 was the lowest in nearly a decade, with a year-on-year decrease of 21% [37] - The import of down clothing in March 2025 was approximately 211,000 pieces, a month-on-month decrease of 23%, with an import value of about 9.1 million yuan, a month-on-month decrease of 47% [37] Group 4 - The "rush for exports" effect is attributed to the uncertainty surrounding tariff policies, which has led to increased export pressure in the second quarter [46] - Companies are actively seeking to expand into new markets, particularly in South America and Europe, to mitigate the impact of high tariffs from the United States [46] - The industry is experiencing a trend of capacity reduction, with small and medium-sized farmers exiting the market, which may lead to a natural contraction in duck down supply and a potential price recovery in the second half of the year [46]

Group 1: Company Performance Overview - In 2024, Yike Food achieved a sales revenue of 20.8 billion CNY, remaining stable compared to 2023, while net profit reached 100 million CNY, a year-on-year increase of approximately 160% [2] - In Q1 2025, revenue was around 4.1 billion CNY, with a loss of 71 million CNY, primarily due to low prices of duck products and ducklings [2][3] Group 2: Future Goals and Strategies - The company aims to achieve a closed-loop supply chain in the meat duck sector within 2-3 years, maintaining its leading position in the industry [3] - In the meat chicken sector, the goal is to enter the top tier of the industry in terms of slaughter volume, focusing on enhancing breeding capabilities [3] - The new factory in Pizhou is expected to increase production capacity and expand into high-growth channels like Chinese fast-food chains [3] Group 3: Profit Trends and Market Conditions - In Q1 2025, the meat duck segment faced losses in both slaughter and duckling stages, while the meat chicken segment showed slight profitability in slaughter but losses in chick production [3] - Anticipated improvements in Q2 due to the exit of small-scale producers and a recovery in consumer demand, with significant price recovery expected in Q3 [3] - The duck by-products market is currently challenged by consumer downgrade and competition, leading to lower prices; the company plans to enhance product quality and differentiate its brand [3][4] Group 4: Capital Expenditure and R&D Focus - The company’s capital expenditure will primarily focus on technological upgrades, particularly in automation for chicken slaughter efficiency [4] - R&D investments will increase to enhance food product development and explore new breeding models to improve efficiency [4] - The company is also looking to incubate or invest in market operation companies to enhance e-commerce and chain channel collaborations [4] Group 5: Industry Outlook - The white feather chicken industry is experiencing overcapacity, with a continued state of supply exceeding demand, leading to low profitability [4] - Future profitability will depend on the quality of breeding stock and the optimization of breeding indicators such as survival rates and feed conversion ratios [4]

证券代码：301116 证券简称：益客食品 公告编号：2025-024 关于公司续聘 2025 年度审计机构的公告 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、误导性陈述或重大遗漏。 特别提示： 江苏益客食品集团股份有限公司（以下简称"公司"）于 2025 年 4 月 22 日召开第三届董事会第十七次会议及第三届监事会第十六次会议，审议通过了 《关于公司续聘 2025 年度审计机构的议案》，同意续聘致同会计师事务所（特 殊普通合伙）（以下简称"致同"）担任公司 2025 年度审计机构，本事项尚需 提交公司 2024 年度股东会审议。本次续聘的会计师事务所符合财政部、国务院 国资委、证监会印发的《国有企业、上市公司选聘会计师事务所管理办法》（财 会〔2023〕4 号）的规定。现将具体情况公告如下： 一、拟聘任会计师事务所事项的情况说明 致同具备证券、期货相关业务的资质，自受聘担任公司审计机构以来，坚持 独立审计准则，勤勉尽责地履行了双方所规定的责任和义务，为公司出具的审计 报告客观、公正地反映了公司各期的财务状况和经营成果。为保持审计工作的持 续性，根据《中华人民共和国公司法》及《 ...