劲仔食品：“一元零食”做成亿元大生意

Core Insights - The snack industry is rapidly transitioning towards health-oriented and premium products, with flavored fish snacks emerging as a key indicator of consumer upgrade and health food trends [1] - Jinzhai Food has successfully navigated the challenges of the low-end snack market by increasing R&D investment and leveraging digital technology, establishing itself as a leader in the fish snack segment [1][2] Group 1: R&D Investment and Innovation - Jinzhai Food emphasizes R&D investment to drive technological innovation, aiming to break free from the low-end price competition that plagues the snack industry [2] - The company has established multiple research platforms, including a postdoctoral innovation practice base and a health snack engineering technology research center, to develop healthy snack products with high-quality protein and reduced additives [2][3] - Jinzhai Food has over 70 industry-leading technologies and has received multiple awards from the China Food Industry Association from 2020 to 2024 [3] Group 2: Digital Technology and Supply Chain - The application of digital technology has been crucial for Jinzhai Food in restructuring its supply chain and enhancing product value [4] - The company has implemented a comprehensive information system covering all processes from raw material procurement to end delivery, achieving industry-leading levels of quality data information [5] - Digital systems are utilized in various products, ensuring strict quality control and enhancing nutritional retention during production [5] Group 3: Financial Performance and Shareholder Returns - Jinzhai Food reported a revenue of 2.412 billion yuan in 2024, a year-on-year increase of 16.79%, and a net profit of 291 million yuan, up 39.01% [6] - The company has a strong commitment to shareholder returns, with a proposed cash dividend of 3 yuan per 10 shares, amounting to 1.79 billion yuan for the year, which is 61% of the net profit [6][7] - Since its IPO, Jinzhai Food has distributed over 590 million yuan in dividends, significantly exceeding its initial fundraising of 160 million yuan [6]