长沙晚报社版权声明 关键词：浏阳经开区 >>我要举报 长沙晚报掌上长沙12月25日讯（浏阳日报记者袁安）近日，《2025环球首发·胡润中国食品行业百强 榜》发布。榜单显示，有4家湖南上市公司上榜，其中浏阳企业盐津铺子排名第69位。 近年来，盐津铺子深耕印尼魔芋、东南亚芒果干等全球优质原料产地，持续打造行业领先的"超级工 厂"，通过数字化、智能化升级，实现了从原料源头到生产过程的国际化标准接轨，推动中国休闲零食 制造水平提升。 值得一提的是，在12月18日发布的"2025三湘民营企业百强榜"中，盐津铺子位列第30名，较2021年首次 入围时累计攀升64位，居食品制造业榜首。 未来，盐津铺子将持续深化全产业链优势，加快全球化布局步伐，进一步巩固其在湖南食品制造业的领 先地位，朝着"世界级休闲零食品牌"的目标稳步迈进，为区域经济高质量发展贡献更多"盐津力量"。 【作者：朱泽寰】 【编辑：邓艳红】 ...

Core Viewpoint - The company has launched a series of snack products and aims to continuously enhance its product offerings based on market demand, focusing on brand and product rejuvenation to increase brand influence [1] Group 1: Product Development - The company has introduced new snack products including meat sausage, crispy bone meat strips, tiger skin chicken feet, and marinated chicken legs [1] - Future plans include refining and expanding the snack product category to meet market needs [1] Group 2: Brand Strategy - The company is committed to promoting brand and product youthfulness [1] - There is a focus on continuously enhancing brand influence through product diversification [1]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company's profitability is under pressure due to high raw material costs, but there is a trend of marginal improvement [6] - The company has shown a notable performance in new sales channels, particularly in membership and bulk stores, contributing to revenue growth despite overall revenue decline [6] - The company is a leading player in the leisure snack industry in China, with significant market share in the seed industry and growth potential in the nut segment [6] Financial Performance Summary - For the first three quarters of 2025, the company achieved revenue of 45.01 billion yuan, a year-on-year decrease of 5.38%, and a net profit attributable to shareholders of 1.68 billion yuan, down 73.17% year-on-year [4] - In Q3 2025, the company reported revenue of 17.49 billion yuan, a decline of 5.91% year-on-year, and a net profit of 0.79 billion yuan, down 72.58% year-on-year [4] - The gross profit margin for Q3 2025 was 24.52%, a decrease of 8.59 percentage points year-on-year, primarily due to high prices of sunflower seeds and nuts [6] Revenue and Profit Forecast - The revenue projections for 2025-2027 are 68.50 billion yuan, 73.43 billion yuan, and 77.75 billion yuan, with year-on-year growth rates of -4%, +7%, and +6% respectively [6] - The net profit forecasts for the same period are 3.20 billion yuan, 6.98 billion yuan, and 8.17 billion yuan, with year-on-year growth rates of -62%, +118%, and +17% respectively [6] - The earnings per share (EPS) estimates are 0.63 yuan, 1.38 yuan, and 1.61 yuan for 2025, 2026, and 2027 respectively [6]

Core Viewpoint - The China Securities Regulatory Commission has issued a notice regarding the overseas listing of Three Squirrels Co., Ltd., allowing the company to issue up to 81,548,274 ordinary shares for listing on the Hong Kong Stock Exchange [1]. Company Overview - Three Squirrels is recognized as an innovator and representative of the "full category + full channel" business model in the Chinese internet era, aiming to provide high-quality products at a good price for consumers [4]. - The company has evolved from a single nut category to become the largest Chinese-funded snack food enterprise, with a projected annual compound growth rate in sales from 2022 to 2024, making it the fastest-growing company among the top five in the industry [4]. Product Portfolio - The product range of Three Squirrels includes nuts, baked goods, snack combinations, meat products, and dried fruits [4]. - The company actively anticipates and responds to market demands and consumer preferences, continuously launching new products under various brands [4]. - As of December 31, 2024, Three Squirrels offers over 1,000 Stock Keeping Units (SKUs) and plans to launch more than 600 new SKUs in 2024, including over 80 nut product SKUs and over 500 other snack product SKUs, along with more than 50 SKUs under the "Little Deer Blue" brand [4].