劲仔食品集团股份有限公司 筹资管理制度 劲仔食品集团股份有限公司 筹资管理制度 第一章 总则 第一条 目的：为了规范公司经营过程中的筹资行为，提高公司资金使用效率、降低公 司筹资成本、防范和控制筹资过程中的风险，根据《中华人民共和国公司法》《中华人民共 和国证券法》等法律法规、规范性文件规定以及《劲仔食品集团股份有限公司章程》(以下简称"《公 司章程》")的规定，结合公司实际情况，特制定本制度。 第二条 本制度适用于公司及控股子公司（以下简称"子公司"）的一切筹资行为。 第三条 筹资定义：指公司或子公司为了满足生产经营需要，通过吸收直接投资、发行 股票，配售、增发新股，发行债券以及向金融机构借款及其他资金融通行为（如融资租赁） 等形式筹集资金的活动。 第四条 筹资原则 （一）合法性原则 资金筹集必须遵守国家的有关法律、法规、规章规定，接受国家宏观调控，符合公司章 程、制度及流程规定。 （二）适量原则 公司根据资金需求的具体情况，合理预测资金需要量。 公司董事会办公室是证券市场直接筹资的承办部门，负责联络中介机构、拟定发行公司 债券或股票筹资方案和相关文件的准备、起草、归集、协助申报，并负责相关筹资文件的收 集 ...

劲仔食品集团股份有限公司 会计师事务所选聘制度 劲仔食品集团股份有限公司 会计师事务所选聘制度 第一章 总则 第一条 为规范劲仔食品集团股份有限公司（以下简称"公司"）选聘（含 续聘、改聘、新聘，下同）会计师事务所的行为，切实维护股东利益，提高财务 信息质量，保证财务信息的真实性和可靠性，根据《中华人民共和国公司法》《上 市公司治理准则》《国有企业、上市公司选聘会计师事务所管理办法》和《公司 章程》及其他有关法律法规规定，制定本制度。 第二条 公司聘任会计师事务所对财务会计报告发表审计意见、出具审计报 告的行为，应当遵照本制度履行选聘程序，并披露相关信息。选聘会计师事务所 从事除财务会计报告审计之外的其他法定审计业务，公司管理层视重要性程度可 参照本制度执行。 第三条 公司选聘会计师事务所应当经董事会审计委员会（以下简称"审计 委员会"）审议同意后，报经董事会、股东会审议决定。公司股东、实际控制人 不得在公司董事会审议、股东会决定前，向公司指定会计师事务所，也不得干预 审计委员会独立履行审核职责。 第二章 会计师事务所执业质量要求 第四条 公司选聘的会计师事务所应当至少同时具备下列条件： （一）具有独立的法人 ...

劲仔食品集团股份有限公司 对外投资管理制度 劲仔食品集团股份有限公司 对外投资管理制度 第一章 总则 第一条 为了加强劲仔食品集团股份有限公司（以下简称"公司"）及其全 资子公司、控股子公司（以下合称"子公司"）对外投资活动的内部控制，规范 对外投资行为，防范对外投资风险，保障对外投资安全，提高对外投资效益，根 据《中华人民共和国公司法》《深圳证券交易所股票上市规则》《劲仔食品集团 股份有限公司章程》（以下简称"《公司章程》"）等法律法规及制度的相关规 定，制定本制度。 第二条 本制度所称对外投资是指公司为实现扩大生产经营规模的战略，达 到获取长期收益为目的，将现金、实物、无形资产等可供支配的资源投向其他组 织或个人的行为，包括投资新设全资子公司、向子公司追加投资、与其他单位进 行联营、合营、兼并或进行股权收购、转让、项目资本增减以及证券投资、委托 理财、期货和衍生品交易等。 第三条 公司所有对外投资行为必须符合国家有关法规及产业政策，符合公 司长远发展计划和发展战略，有利于拓展主营业务，扩大再生产，有利于公司的 可持续发展，有预期的投资回报，有利于提高公司的整体经济利益。 第四条 公司对外投资原则上由公司集 ...

劲仔食品集团股份有限公司 对外担保管理制度 劲仔食品集团股份有限公司 对外担保管理制度 第一章 总则 第一条 为规范劲仔食品集团股份有限公司（以下简称"公司"）对外担保 行为，控制和降低担保风险，保证公司资产安全，依据《中华人民共和国公司法》 《深圳证券交易所股票上市规则》（以下简称"《股票上市规则》"）《深圳证 券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》及《劲仔食 品集团股份有限公司章程》（以下简称"《公司章程》"）等的有关规定，结合 公司实际情况，特制定本制度。 第二条 本制度所述的对外担保系指公司以第三人的身份为债务人对于债权 人所负的债务提供担保，当债务人不履行债务时，由公司按照约定履行债务或者 承担责任的行为。 第三条 本制度适用于本公司及控股子公司（以下简称子公司），子公司发 生对外担保，按照本制度执行。 第四条 子公司在对外担保事项递交子公司董事会或股东会审议之前，应提 前五个工作日向公司进行书面申报，并在子公司董事会或股东会做出决议当日书 面通知公司董事会办公室。 第五条 公司对外担保应当遵循合法、审慎、互利、安全的原则，严格控制 担保风险。 第六条 公司对外担保时应当采 ...

南财智讯8月26日电，劲仔食品发布2025年半年度报告，报告期实现营业收入11.24亿元，同比下降 0.50%；归属上市公司股东的净利润1.12亿元，同比下降21.86%；扣除非经常性损益后的归属于上市公 司股东的净利润8699.23万元，同比下降28.94%；基本每股收益0.2512元。 ...

Financial Performance - The company's operating revenue for the first half of 2025 was approximately ¥1.12 billion, a decrease of 0.50% compared to ¥1.13 billion in the same period last year[18]. - Net profit attributable to shareholders was approximately ¥112 million, down 21.86% from ¥143 million in the previous year[18]. - The net profit after deducting non-recurring gains and losses was approximately ¥87 million, a decline of 28.94% compared to ¥122 million in the same period last year[18]. - The net cash flow from operating activities was approximately ¥100 million, a significant decrease of 59.06% from ¥243 million in the previous year[18]. - Basic earnings per share were ¥0.2512, down 22.13% from ¥0.3226 in the same period last year[18]. - Total assets at the end of the reporting period were approximately ¥2.15 billion, a decrease of 0.78% from ¥2.17 billion at the end of the previous year[18]. - The net assets attributable to shareholders were approximately ¥1.41 billion, down 0.61% from ¥1.42 billion at the end of the previous year[18]. - The weighted average return on net assets was 7.80%, down from 10.81% in the previous year, reflecting a decrease of 3.01%[18]. - The company reported a total of ¥25 million in non-recurring gains and losses during the reporting period[22]. - The company's revenue for the reporting period was approximately ¥1.12 billion, a decrease of 0.50% compared to the previous year[61]. - The company reported a significant increase in accounts receivable to ¥29,055,409.25 from ¥20,610,885.76, a growth of about 40.6%[164]. - The company’s retained earnings decreased to ¥390,915,168.05 from ¥413,202,432.49, a decline of about 5.4%[162]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥1 per 10 shares to all shareholders[5]. - The company plans to implement a mid-term dividend of 44.7289 million yuan for 2025, reflecting its commitment to returning value to investors[31]. - The cash dividend amount distributed to shareholders is 44,728,915.90 yuan, representing 100% of the distributable profit of 390,915,168.05 yuan[108]. - The company distributed cash dividends of 3 RMB per 10 shares to all shareholders, totaling 134 million RMB, which is 3.7 times the net amount raised during the IPO[113]. - The company has cumulatively distributed over 590 million RMB in dividends since its IPO, providing stable long-term returns to investors[113]. Market Position and Product Development - The company has established itself as a leader in the leisure fish product sector, with its core product "Jinzai Deep Sea Anchovy" maintaining a leading position in the market since 2017, achieving the highest sales in the ready-to-eat fish snack industry[27]. - The leisure fish product category is projected to reach a retail total of 60 billion yuan by 2030, indicating significant growth potential[26]. - The company’s quail egg product "Little Egg Round" has been recognized as the top-selling quail egg product in China by international research firm Sullivan, and has entered the iSEE Global Food Innovation Awards Top 100 list[27]. - The leisure bean product industry reached a scale of 16.8 billion yuan in 2022, expected to grow to 24.6 billion yuan by 2025, highlighting the market's expansion potential[28]. - The company focuses on product innovation and brand development, with a mission to improve people's quality of life through healthy snacks[30]. - The company aims to establish a "healthy snack" expert brand image, enhancing consumer communication and brand professionalism[41]. - The company has initiated the promotion of new product categories, including poultry and egg products, across the national market[104]. - The company is actively developing new products to meet changing consumer demands, focusing on innovation in traditional snack foods[104]. Sales and Distribution - The company's main sales model is the distribution model, accounting for 70.47% of total revenue, with a year-on-year decrease of 9.25%[43]. - Online sales generated revenue of $185.35 million, representing 16.49% of total revenue, with a year-on-year decrease of 6.82%[44]. - Offline sales accounted for $938.55 million, or 83.51% of total revenue, with a slight increase of 0.85% year-on-year[44]. - The company has 3,502 distributors at the end of the reporting period, an increase from 3,166 in the previous year[45]. - The number of distributors in the distribution model increased from 2,422 to 2,694 during the reporting period[45]. - The top five customers accounted for 18.01% of total sales, with the largest customer contributing 7.89%[48]. - The company has over 3,500 distributors, covering more than 300,000 terminals nationwide, and has maintained high growth in specialized snack channels[56]. Research and Development - The company has established a leading R&D system with multiple research platforms, focusing on health innovation and product development[53]. - The independent food research institute leads new product development, ensuring timely and effective transformation of research outcomes[38]. - The company invested approximately ¥25.8 million in R&D, an increase of 17.78% compared to the previous year[61]. - The company holds approximately 80 patents related to its core product categories, establishing industry standards and competitive advantages[54]. - The company’s product strategy emphasizes health and innovation, with a focus on high-quality protein and reduced additives[53]. Financial Position and Assets - The company's cash and cash equivalents decreased by 10.59% to CNY 441,628,482.88, mainly due to increased investments in fixed and intangible assets[73]. - The company's fixed assets increased by 7.31% to CNY 581,517,749.57, attributed to increased capital expenditures during the reporting period[75]. - The short-term borrowings rose by 3.48% to CNY 372,000,000.00, reflecting new borrowings during the reporting period[75]. - The total amount of funds raised through the non-public issuance of A shares was ¥28,500 million, with a net amount received of ¥27,814 million after deducting underwriting fees and other expenses[88]. - The company has no restricted asset rights as of the end of the reporting period[78]. - The company has no significant equity investments or ongoing major non-equity investments during the reporting period[80]. Compliance and Governance - The semi-annual financial report was not audited[158]. - The financial report was approved by the board of directors on August 26, 2025[195]. - The company adheres to the accounting standards set by the Ministry of Finance and the China Securities Regulatory Commission for financial reporting[196]. - The company has the ability to continue as a going concern for at least 12 months from the end of the reporting period[197]. - The company has complied with all regulations regarding the use and disclosure of raised funds, with no violations reported[95]. Risks and Challenges - The company is facing potential food safety risks due to the quality of raw materials, which could impact its operations and reputation[102]. - The competitive landscape in the traditional snack food industry is intensifying, with new entrants potentially affecting market share[103]. - The company has not reported any significant quality management failures, but acknowledges the ongoing risk of food safety issues in the industry[102].

Core Insights - The konjac snack products, known as "konjac strips" and "vegetarian tripe," are becoming a phenomenon in the snack food sector, significantly driving revenue growth for companies like Salted Fish and Wei Long [1][3] - The konjac snack market is expected to maintain high growth rates from 2025 to 2027, with over 30 brands entering the market to capture this segment [1][7] Company Performance - In 2024, konjac strips contributed to Wei Long's vegetable product revenue growth of 59.1%, reaching 3.37 billion yuan, accounting for 53.8% of total revenue [3] - Salted Fish's konjac snack revenue reached 838 million yuan in 2024, a year-on-year increase of 76.09%, making it a key driver of the company's growth [3] - In the first half of 2025, Wei Long's vegetable product revenue grew by 44.3% to 2.109 billion yuan, while Salted Fish's konjac snack revenue surged by 155.1% to 791 million yuan [3][4] Market Trends - The konjac industry is projected to exceed 30 billion yuan by 2025, with an annual compound growth rate (CAGR) of 11.8% expected until 2030 [7] - The increasing focus on health-conscious eating is driving consumer demand for low-calorie, high-fiber konjac products, leading to a shift in Wei Long's product strategy away from traditional spicy snacks [5][6] Cost Pressures - The explosive growth in downstream demand for konjac products is putting pressure on upstream raw material supply, leading to rising prices for konjac powder [8][9] - The average purchase price of konjac has doubled from 2 yuan per jin to 4 yuan per jin due to supply constraints and increased export demand [8] - Both Salted Fish and Wei Long reported declines in gross margins due to rising raw material costs, with Salted Fish's gross margin dropping from 32.53% to 29.66% and Wei Long's from 49.8% to 47.2% [9][10] Strategic Initiatives - Salted Fish plans to deepen its core product strategy for its "Big Demon King" konjac tripe and enhance sales through diversified marketing and brand collaborations [4] - Wei Long is focusing on expanding its konjac product line and has increased its production capacity for vegetable products by 59.43% [4][6]

Market Overview - The Shanghai Composite Index closed at 3883.56 points, above the six-month moving average, with an increase of 1.51% [1] - The total trading volume of A-shares reached 31,769.48 million yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 83 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - ST Yilianzhong (18.16%) - Kunlun Technology (7.79%) - Huazhi Wine (7.67%) [1] Detailed Stock Performance - The following table summarizes the performance of selected stocks that broke the six-month moving average: | Stock Code | Stock Name | Daily Change (%) | Turnover Rate (%) | Six-Month Average (yuan) | Latest Price (yuan) | Deviation Rate (%) | | --- | --- | --- | --- | --- | --- | --- | | 300096 | ST Yilianzhong | 19.90 | 6.74 | 4.08 | 4.82 | 18.16 | | 831152 | Kunlun Technology | 11.70 | 11.86 | 20.98 | 22.62 | 7.79 | | 300755 | Huazhi Wine | 8.88 | 5.96 | 18.21 | 19.61 | 7.67 | | 600539 | Shitou Co. | 10.02 | 11.47 | 11.30 | 11.97 | 5.94 | | 603198 | Yingjia Wine | 7.22 | 2.79 | 44.61 | 47.08 | 5.54 | | 000002 | Vanke A | 9.15 | 8.16 | 6.81 | 7.16 | 5.20 | | 688646 | ST Yifei | 5.53 | 4.39 | 31.37 | 32.82 | 4.63 | | 003041 | True Love Home | 4.93 | 6.05 | 28.37 | 29.59 | 4.29 | | 839371 | Oufu Industry | 4.59 | 4.82 | 11.15 | 11.62 | 4.20 | | 601933 | Yonghui Supermarket | 5.04 | 5.91 | 5.03 | 5.21 | 3.66 | | 600325 | Huafa Co. | 4.19 | 4.88 | 5.05 | 5.22 | 3.37 | | 601238 | GAC Group | 3.04 | 1.05 | 7.89 | 8.13 | 3.00 | | 600657 | Xinda Real Estate | 3.16 | 2.50 | 4.13 | 4.25 | 2.91 | | 603108 | Runda Medical | 3.00 | 7.99 | 18.43 | 18.90 | 2.54 | | 600988 | Chifeng Gold | 4.03 | 5.40 | 24.67 | 25.30 | 2.54 | | 000069 | Overseas Chinese Town A | 3.86 | 3.88 | 2.36 | 2.42 | 2.44 | | 600872 | Zhongju Gaoxin | 3.29 | 4.97 | 19.37 | 19.78 | 2.14 | | 003000 | Jin Zai Food | 2.46 | 7.48 | 13.07 | 13.35 | 2.13 [1]

Market Overview - The leisure food sector experienced a decline of 0.46% on August 22, with Nanqiao Food leading the drop [1] - The Shanghai Composite Index closed at 3825.76, up 1.45%, while the Shenzhen Component Index closed at 12166.06, up 2.07% [1] Individual Stock Performance - Juewei Food (603517) saw a closing price of 16.74, with an increase of 4.36% and a trading volume of 313,300 shares, amounting to a transaction value of 518 million yuan [1] - Guifaxiang (002820) closed at 13.29, up 0.53%, with a trading volume of 330,700 shares [1] - Three Squirrels (300783) closed at 26.59, with a slight increase of 0.08% and a trading volume of 133,900 shares [1] - Other notable stocks include: - Taoli Bread (603866) at 5.66, unchanged [1] - Ganyuan Food (002991) at 58.74, down 0.03% [1] - Laiyifen (603777) at 13.79, down 0.14% [1] Capital Flow Analysis - The leisure food sector saw a net outflow of 237 million yuan from institutional investors, while retail investors contributed a net inflow of 245 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors increased their positions [2] Detailed Capital Flow for Selected Stocks - Juewei Food had a net inflow of 46.59 million yuan from institutional investors, but a net outflow of 23.01 million yuan from speculative funds [3] - Qingdao Food (001219) experienced a net inflow of 0.53 million yuan from institutional investors, while speculative funds saw a net inflow of 1.39 million yuan [3] - Other stocks like Good Idea (002582) and Yanjinpuzi (002847) also showed varied capital flows, indicating differing investor sentiments across the sector [3]

Core Viewpoint - Huatai Securities has established the Juzhou Securities Industry Culture Construction Base in 2024, focusing on promoting Chinese financial culture through party leadership and community engagement [1][2]. Group 1: Cultural Initiatives - The base integrates the red cultural heritage of Changsha and has organized various activities to enhance the brand image of the base [1]. - Collaborative learning and construction activities have been conducted with the Hunan Securities Industry Association and Shenzhen Stock Exchange, emphasizing the role of party organizations in fulfilling social responsibilities [1][2]. Group 2: Investor Engagement - The base has launched diverse cultural practice activities in the securities industry, contributing to consumer rights protection and financial education [1]. - A special exhibition area has been set up to showcase nearly 50 representative listed companies, providing insights into the development of the real economy [1]. Group 3: Corporate Support - The base has organized various promotional activities in collaboration with regulatory bodies and exchanges, including themed salons and investor education events [2]. - Huatai Securities has tailored brand activities for 11 listed companies in Hunan, achieving significant engagement, such as over 100,000 views and more than 1 million likes for a single executive interview [2]. Group 4: Future Plans - Huatai Securities plans to continue focusing on party leadership and local advantages to further promote Chinese financial culture and establish a distinctive industry culture demonstration area [2].