食品饮料 2026 年 01 月 25 日 投资评级：看好（维持） 春节旺季备货催化，大众品迎来布局窗口 ——行业周报 | 张宇光（分析师） | 张思敏（分析师） | | --- | --- | | zhangyuguang@kysec.cn | zhangsimin@kysec.cn | | 证书编号：S0790520030003 | 证书编号：S0790525080001 | zhangsimin@kysec.cn 证书编号：S0790525080001 核心观点：基本面与估值低位共振，旺季临近开启修复行情 行业走势图 数据来源：聚源 -10% 0% 10% 19% 29% 2025-01 2025-05 2025-09 食品饮料 沪深300 相关研究报告 《茅台深化市场改革，百润股份价值 显现—行业周报》-2026.1.18 《肉奶价格有望共振上行，关注零食 春节行情催化—行业周报》-2026.1.11 《2025 承压收官，2026 反转可期—行 业周报》-2026.1.4 开 源 证 券 证 券 研 究 报 请务必参阅正文后面的信息披露和法律声明 1 / 10 1 月 19 日-1 月 23 日，食 ...

武城农商银行客户经理在"金融暖企进万家"走访中了解情况后，立足餐饮行业经营周期短、资金周转快 的特点，为其定制20万元"创业提振贷"专属方案，不仅给予优惠利率，还简化审批流程，3个工作日内 就完成资金发放，助力李先生快速推进店面升级和食材备货。如今，翻新后的私房菜客流倍增，订单排 至正月十五。 针对春节消费旺季不同业态商户需求，武城农商银行精准施策、分类赋能。对餐饮、住宿等服务类商 户，推出额度灵活、期限适配的专项贷款，满足业态升级和备货需求；对家居家电、汽车销售商户，配 套"消费分期贷"，提供低费率、长周期分期服务，降低消费者付款压力，间接带动商户销量提升；对农 贸批发商户，优化"备货贷"服务，根据货物周转及资金回笼周期调整还款计划，保障货源充足。截至目 前，该行已累计发放春节备货及业态升级相关贷款4200万元，覆盖商超、餐饮、农贸、家居等多个领 域，有效激活各类市场主体活力，让春节市场烟火气更浓、发展底气更足。 "春节是餐饮行业的黄金期，想趁着这个机会升级店面、扩充菜品，武城农商银行的资金支持给了我十 足信心。"武城县老味道私房菜负责人李先生说道。李先生经营餐饮行业8年，凭借地道口味和贴心服务 积累了大量 ...

Group 1: Flower Pastry Industry in Shandong - The traditional food "Flower Pastry" in Shandong Jiaodong region is entering a peak production and sales season ahead of the Spring Festival, with various zodiac-themed pastries, especially those featuring the Year of the Horse, gaining popularity among consumers [1] - The production process of Flower Pastry is complex, requiring over ten steps including fermentation, shaping, and steaming, with some designs taking more than six hours to complete [2] - Flower Pastry serves not only as a delicacy but also as a medium for expressing good wishes, with local initiatives promoting the transmission and dissemination of this traditional craft through various community activities [3] Group 2: Ceramic Industry in Shanxi - Shanxi Huairen, a key supplier of daily porcelain tableware, is experiencing a surge in production and sales, particularly for products featuring Year of the Horse elements, which are being exported to Southeast Asia and other regions [4][10] - A local ceramic factory has ramped up production to 30,000 pieces of porcelain daily, utilizing automated production lines that enhance efficiency by five times compared to traditional methods [5][6] - The region has 123 production lines with an annual output of 3.5 billion pieces, and horse-themed products are particularly popular, with over 2,000 orders being processed daily [7][8] - Local businesses are expanding sales channels through live streaming and direct supply to supermarkets, while also ensuring timely delivery of orders through a green logistics channel [9]