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增长动能强劲 劲仔食品一季度营收同比增长10.27%

Core Viewpoint - The company, Jinzhai Food, reported a steady revenue growth of 10.27% year-on-year in Q1 2025, driven by its leisure fish products and bean products, despite slight profit declines due to increased sales and financial expenses [1] Financial Performance - In Q1 2025, Jinzhai Food achieved a revenue of 595 million yuan and a net profit of 67.54 million yuan, with a non-recurring net profit of 53.37 million yuan [1] - The company plans to distribute a cash dividend of 3 yuan per 10 shares, totaling 134 million yuan, bringing cumulative dividends since its IPO to 592 million yuan, which is 3.7 times the net amount raised during the IPO [1] Product Development and Market Position - Jinzhai Food focuses on developing high-quality protein snacks, including leisure fish products, poultry products, and bean products, with a strong product matrix featuring the flagship product, Jinzhai Deep Sea Anchovy, which has maintained its leading position in the fish snack category for eight consecutive years [2][3] - The company has seen a 19% year-on-year revenue growth for its flagship product, Jinzhai Deep Sea Anchovy, which is recognized for its high protein and unsaturated fatty acid content [3] Strategic Initiatives - The company aims to create a differentiated competitive advantage in the quail egg market, which has significant growth potential despite short-term pressures [4] - Jinzhai Food has established multiple research platforms to innovate and develop new products, including the first antibiotic-free, ready-to-eat soft-boiled quail eggs, and has set national standards for this product category [4] - The company has a renewed mission to produce healthy snacks that improve people's quality of life, focusing on high-quality protein and health-oriented product development [4][5]