证券代码：600882 证券简称：妙可蓝多 公告编号：2026-015 上海妙可蓝多食品科技股份有限公司 关于使用部分闲置募集资金进行现金管理到期赎回的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 上海妙可蓝多食品科技股份有限公司（以下简称"公司"）于 2025 年 10 月 30 日召开第十二届董事会第十四次会议，审议通过《关于使用闲置自有资金 及募集资金进行现金管理的议案》，保荐机构对公司使用部分闲置募集资金进 行现金管理事项出具了无异议的核查意见，本事项无需提交股东会审议。 2025 年 12 月 31 日，公司与中国光大银行上海金山支行签署了《对公结构 性存款合同》，于近日赎回，收回本金 2,000.00 万元，获得收益 4.21 万元。具 体情况如下： 单位：万元 | 产品 | | 受托人 | 产品金额 | 起息日 | 到期日 | 年化收益率 | 赎回金额 | 实际 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | | 名称 | ...

证券代码：600882 证券简称：妙可蓝多 公告编号：2026-014 上海妙可蓝多食品科技股份有限公司 第十二届董事会第二十次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 形式从公司获得的报酬，其中基本工资按月固定发放；年度目标奖金参照基准数 额，在每年度结束后进行统一考核，由薪酬与考核委员会及董事会审议通过后发 放。鉴于 2025 年度已经结束，公司管理层拟订 2025 年度高级管理人员年度目标 奖金方案提交薪酬与考核委员会及董事会审议批准。 本次会议共审议了两项议案，除上述议案外，还审议了根据《公司决策权限 表》规定需经董事会审议的其他一项议案，所有议案均获全体非关联董事一致同 意审议通过。 表决结果：6 票同意，0 票反对，0 票弃权，3 票回避。 蒯玉龙先生、柴琇女士以及高文先生系关联董事，已对本议案回避表决。 本议案已经薪酬与考核委员会审议通过，并同意提交董事会审议。 公司于 2025 年 3 月 21 日召开第十二届董事会第六次会议，审议通过《关于 高级管理人员 2025 ...

Group 1 - The national-level overseas comprehensive service platform was officially launched on February 11, 2023, to enhance the overseas service system, integrating resources from various fields such as law, finance, and logistics, providing "one-stop" public services for over 52,000 overseas enterprises and hundreds of thousands of foreign trade companies [2] Group 2 - Miaokelan has signed a memorandum with Saudia Dairy & Foodstuff Company to explore opportunities in the children's cheese snack market in Saudi Arabia, aiming to establish a strategic partnership for innovation, commercialization, and market expansion [3] Group 3 - China Electric Power Construction Group has successfully signed contracts for two overseas projects: the Mongla Dock project in Bangladesh and the Nickerie Weir repair project in Suriname, marking a new breakthrough in overseas business development [6] Group 4 - Jinchengxin plans to increase its stake in Colombia's CMH company by acquiring an additional 42.5% stake, which will allow the company to indirectly hold 97.5% of CMH, enhancing its control over overseas mineral resources [7] Group 5 - A joint venture between Anjun Logistics and COSCO Shipping has been awarded the long-term operating rights for the cargo terminal at Lima International Airport, representing a significant breakthrough for Chinese enterprises in overseas aviation infrastructure [8]

Core Viewpoint - Recent developments at Miaokelando (600882) highlight significant management changes, financial challenges, and strategic partnerships aimed at market expansion. Management Changes - On January 23, 2026, the company’s board removed founder Chai Xiu from the positions of vice chairman, general manager, and legal representative, while retaining him as a director. Kuai Yulong, previously an executive at Mengniu, was appointed as the new general manager and legal representative. This change aims to enhance corporate governance and align with the strategic direction of the controlling shareholder, Mengniu [2]. Financial Situation - The company plans to fully recognize a fair value change loss of approximately 129 million yuan related to its investment in the Shanghai Xiangmin Equity Investment Fund, due to underlying asset debt defaults. This is expected to reduce the net profit attributable to shareholders for 2025 by approximately 119 million to 127 million yuan. Additionally, arbitration has been initiated against the original promisor Chai Xiu for failing to fulfill compensation commitments, which may impact net profit depending on the outcome [3]. Capital Movements - From December 29, 2025, to January 23, 2026, Inner Mongolia Mengniu Dairy Co., Ltd. increased its shareholding in the company by approximately 1.3322 million shares, raising its ownership from 36.77% to 37.04%. This reflects the controlling shareholder's confidence in the company [4]. Business Development - On February 8, 2026, the company signed a memorandum of cooperation with Saudi dairy company SADAFCO to jointly explore the cheese business in the Saudi market. The collaboration may involve trade, brand licensing, or the establishment of a joint venture, with formal agreement negotiations to be closely monitored. Analysts from institutions like Founder Securities view this as beneficial for overseas market expansion [5]. Performance Overview - According to the third-quarter report for 2025, the company achieved a net profit attributable to shareholders of 176 million yuan for the first three quarters, representing a year-on-year increase of 106.88%. However, concerns arise from a high proportion of accounts receivable and a 72.18% increase in interest-bearing liabilities, indicating potential debt risks. The overall performance for 2025 may be affected by the aforementioned impairment, but it is expected that net profit will not turn negative [6].

Core Viewpoint - The collaboration between Miaokelan Duo and Saudi leading dairy company SADAFCO is expected to open a new chapter in internationalization for the company, focusing on cheese market opportunities in Saudi Arabia [1] Group 1: Collaboration and Market Expansion - The memorandum of cooperation signed on February 8, 2026, aims to jointly explore cheese business opportunities in the Saudi market [1] - This collaboration aligns with the company's strategic direction of "focusing on core business" and "mergers and acquisitions abroad" [1] - Successful implementation of this memorandum is anticipated to enhance the company's competitive advantage in the industry and facilitate overseas market expansion [1] Group 2: Financial Impact and Ratings - The project is expected to have a positive impact on the company's future operational development [1] - Recent impairment provisions and changes in core management have been fully accounted for, indicating that negative factors have been addressed [1] - The current price-to-earnings ratios are 111, 36, and 25 times, leading to a "recommended" rating for the company [1]

我们预计公司25-27 营业收入分别55.6/65.5/78.0 亿元，分别同比增长15%/18%/19%；预计25-27 归母净 利润分别为1.1/3.2/4.6 亿元，分别同比增长-7%/207%/42%，对应当前PE 分别111/36/25X，给予"推荐"评 级。 事件：妙可蓝多于2026 年2 月10 日发公告，公司于2026 年02 月08 日与Saudia Dairy & Foodstuff Company（以下简称"SADAFCO"）签署备忘录。 拟合作沙特领先乳企，国际化迈向新征程。公司于2026 年2 月8 日与沙特阿拉伯上市公司SADAFCO 签 署合作备忘录，拟共同开拓奶酪品类在沙特市场的业务机遇。SADAFCO 成立于1976 年，2024 年营收 55 亿元，市值约135 亿元。双方拟聚焦儿童奶酪零食（特别是奶酪棒）在沙特市场的开发、商业化与分 销，结合妙可蓝多的研发与生产能力，以及SADAFCO 在当地的渠道、运营与消费者偏好数据优势。合 作模式可能包括贸易、品牌许可、特许权使用费或组建合资公司，具体形式待进一步协商。目前本备忘 录为框架性、意向性文件，不具法律约束力，不涉及具体投 ...

Group 1 - Yunnan Baiyao plans to invest 137 million yuan in the second phase of its oral liquid project to meet growing market demand for its products [1] - Hanma Technology's subsidiary intends to increase capital by 575 million yuan in Shanghai Suoda and transfer 100% of its shares for 485 million yuan [2] - JiaoKong Technology won a contract worth 16.8 million euros for a project in Turkey, expected to be operational by December 2028 [3] Group 2 - Hanhui Technology's shareholder plans to reduce their stake by up to 1.86% [4] - Haisheng Pharmaceutical reported a 32.72% increase in revenue and a 36.89% increase in net profit for 2025 [5] - Oukang Pharmaceutical's net profit for 2025 decreased by 48.21% despite a 7.73% increase in revenue [6] Group 3 - Huaihe Energy expects a net profit of 1.684 to 1.784 billion yuan for 2025, a year-on-year increase of 96.31% to 107.97% [7] - Watson Bio received approval for clinical trials of its varicella vaccine [8] - ShunNa Co. plans to reduce its stake by up to 1% [9] Group 4 - Chutianlong intends to raise up to 760 million yuan through a private placement [10] - Yifang Technology's shareholders plan to reduce their holdings by up to 34,830 shares [12] - Yunjigroup's subsidiary signed an EPC contract worth 1.331 billion yuan [13] Group 5 - Jianghuai Automobile reported a 2.14% decrease in January sales [15] - Lifan Pharmaceutical participated in a national procurement program and aims to be selected for three products [16] - Magu Technology's shareholder plans to reduce their stake by up to 3% [17] Group 6 - Jianghuai Automobile's private placement raised approximately 3.5 billion yuan, with investor Ge Weidong subscribing for 1 billion yuan [18] - Huichuan Technology expects a net profit increase of 16% to 26% for 2025 [19] - Hezhong China reported a 10.24% decrease in January consolidated revenue [20] Group 7 - Zhongjian Technology plans to invest 30 million yuan in a new fund focused on new energy [22] - Kanda New Materials intends to invest 646 million yuan in a new production project [23] - Yuegui Co.'s subsidiary obtained a mining license [25] Group 8 - TBG Technology plans to invest 1.53 billion yuan in a new project [27] - Xiexin Integration stated it currently lacks production capacity in the "space photovoltaic" sector [28] - Shibao Testing's controlling shareholder plans to transfer 8.5% of the company's shares [29] Group 9 - TeBao Bio reported a 31.18% increase in revenue and a 25.39% increase in net profit for 2025 [30] - Guoke Tiancai reported a 14.73% increase in revenue and a 17.94% increase in net profit for 2025 [31] - Miaokelando signed a memorandum with SADAFCO to explore the children's cheese snack market in Saudi Arabia [32] Group 10 - Tangrenshen reported a 25.6% decrease in January sales revenue [33] - Northeast Securities received approval to establish a subsidiary in Hong Kong [34] - Yiyi Co. terminated its asset acquisition plan due to changes in the target company's performance [35] Group 11 - Wushang Group's major shareholder plans to reduce their stake by up to 3% [36] - Weigang Technology's shareholder plans to reduce their stake by up to 2.98% [37] - Yutong Technology plans to acquire 51% of Huayan Technology for 449 million yuan [38] Group 12 - Huasan Pharmaceutical's shareholder plans to reduce their stake by up to 3% [39] - Runbei Hangke's major shareholder plans to reduce their stake by up to 3% [41] - Huada Technology plans to acquire 100% of Huayi Microelectronics for 2.996 billion yuan [42] Group 13 - ST Lifang's stock will resume trading after completing self-inspection work [43]

Group 1: Company Performance - SMIC reported a net profit of 1.223 billion yuan for Q4 2025, representing a year-on-year increase of 23.2% [1] - The company's revenue for the same period reached 17.813 billion yuan, up 11.9% year-on-year, driven by increased wafer sales and higher capacity utilization [1] - Longi Green Energy's net profit for 2025 is expected to grow by 16% to 26% [7] Group 2: Stock Market Activity - Jia Mei Packaging's stock price surged by 567.11% from December 17, 2025, to February 10, 2026, leading to multiple trading suspensions for verification [1] - Hengdian Film's stock experienced a cumulative price increase of 100% over ten trading days, prompting a warning of potential trading suspension if the price continues to rise [1] - Dawi Technology clarified that its Zhangbei data center project does not involve computing leasing services, despite media speculation [3] Group 3: Investment and Projects - Zhongtung High-tech plans to invest 145 million yuan in a new PCB drill needle project to expand market share and secure raw material supply [4] - Yunda Group's subsidiary signed a 1.331 billion yuan EPC contract, accounting for 86.66% of the company's audited revenue for 2024 [8] - Dong'a Ejiao intends to invest 1.485 billion yuan in a health consumer goods industrial park project [8] Group 4: Market Trends and Demand - Demand for new optical fiber and cable products for data centers is growing, but currently represents a small portion of the global market [2] - The overall demand for telecommunications optical fiber and cable products remains stable, despite price fluctuations [2] - The market for AI short drama business remains uncertain, with no revenue generated yet [1]

公司与SADAFCO签署备忘录，旨在共同探索并开拓儿童奶酪棒在沙特市场的业务机遇。拟合作事项与 公司现有业务具有良好协同效应，符合公司"聚焦主业"与"并购出海"的战略发展方向。若此次备忘录得 以顺利实施，该合作项目的推进将有助于提升公司在行业内的竞争优势，有利于公司拓展海外市场，预 计将对公司未来经营发展产生积极影响。 妙可蓝多是一家中国领先的奶酪公司，主要从事奶酪产品的生产与销售业务。SADAFCO是一家总部位 于沙特阿拉伯的地区领先食品制造商、分销商及营销商，在中东地区拥有强大的运营能力、营销能力， 拥有覆盖牛奶、番茄酱、冰淇淋等产品的分销网络，并以其旗舰品牌"SAUDIA"推广其核心产品。双方 认同利用各自的市场领导地位与专业优势能够带来互惠利益，并期望探索在奶酪品类开展潜在合作的可 能性。 智通财经APP讯，妙可蓝多(600882.SH)发布公告，公司于2026年2月8日与Saudia Dairy & Foodstuff Co. (简称"SADAFCO")签署了备忘录。双方拟进行合作，共同探索并拓展儿童奶酪零食(特指奶酪棒)在沙特 的市场。 ...

公司与SADAFCO签署备忘录，旨在共同探索并开拓儿童奶酪棒在沙特市场的业务机遇。拟合作事项与 公司现有业务具有良好协同效应，符合公司"聚焦主业"与"并购出海"的战略发展方向。若此次备忘录得 以顺利实施，该合作项目的推进将有助于提升公司在行业内的竞争优势，有利于公司拓展海外市场，预 计将对公司未来经营发展产生积极影响。 智通财经APP讯，妙可蓝多(600882.SH)发布公告，公司于2026年2月8日与Saudia Dairy & Foodstuff Co. (简称"SADAFCO")签署了备忘录。双方拟进行合作，共同探索并拓展儿童奶酪零食(特指奶酪棒)在沙特 的市场。 妙可蓝多是一家中国领先的奶酪公司，主要从事奶酪产品的生产与销售业务。SADAFCO是一家总部位 于沙特阿拉伯的地区领先食品制造商、分销商及营销商，在中东地区拥有强大的运营能力、营销能力， 拥有覆盖牛奶、番茄酱、冰淇淋等产品的分销网络，并以其旗舰品牌"SAUDIA"推广其核心产品。双方 认同利用各自的市场领导地位与专业优势能够带来互惠利益，并期望探索在奶酪品类开展潜在合作的可 能性。 ...