Industry Overview - The juice industry in China is defined as the production of juice products made from fresh or refrigerated fruits, with a minimum juice content of 10% [1] - The industry is categorized under beverage manufacturing, specifically soft drink manufacturing [1] Industry Chain Analysis - The juice industry chain consists of upstream (raw materials and equipment suppliers), midstream (juice processing companies), and downstream (distribution and sales channels) [2][5] - Upstream includes fruit planting bases and packaging material suppliers, while midstream focuses on juice processing and product manufacturing [2][5] Industry Development History - The juice industry in China has evolved over 30 years, shifting from an export-oriented model to a domestic demand-driven and technology-led market [8] - Key milestones include the establishment of Huiyuan in 1992, the rise of low-concentration juice in 2001, and the emergence of NFC juice post-2008 [8][11] Policy Background - Multiple policies have been introduced to regulate and support the juice industry, focusing on food safety, resource conservation, and market standardization [12] - Policies aim to enhance the competitiveness of the juice industry and promote healthy product development [12] Current Market Status - The juice market in China is steadily growing, with sales increasing from 120 billion to 156 billion yuan from 2019 to 2024 [13] - High-end juice products, particularly those produced using NFC and HPP technologies, are driving market growth, with their sales share rising from 12% in 2019 to 23% in 2024 [13] Competitive Landscape - The juice market features a tiered competitive structure, with leading companies like Coca-Cola, Master Kong, and Nongfu Spring dominating the market [17][21] - Emerging brands are also gaining traction, particularly in the high-end segment, with significant growth rates [15][21] Regional Competition - The juice industry exhibits regional competition, with Shandong leading in the number of listed companies, followed by Hebei, Zhejiang, and Guangdong [19] - Each region has its unique focus, such as concentrated juice production or high-end juice products [19] Future Trends and Predictions - The demand for high-end, health-oriented juice products is expected to continue driving innovation and market upgrades [23] - The market is diversifying, with younger consumers and new consumption scenarios emerging, leading to new growth opportunities [23]

证券代码：600962 证券简称：国投中鲁 公告编号：2025-045 国投中鲁果汁股份有限公司 关于发行股份购买资产并募集配套资金暨关联交易 的进展公告 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、本次交易的基本情况 国投中鲁果汁股份有限公司（以下简称国投中鲁或公司）拟通过发行股份向 国家开发投资集团有限公司、宁波市新世达壹号管理咨询合伙企业（有限合伙）、 国家集成电路产业投资基金二期股份有限公司、广州产投建广股权投资合伙企业 （有限合伙）、广州湾区智能传感器产业集团有限公司、科改策源（重庆）私募 股权投资基金合伙企业（有限合伙）、国华军民融合产业发展基金（有限合伙） 购买其合计持有的中国电子工程设计院股份有限公司 100%股份，并向不超过 35 名特定投资者发行股份募集配套资金（以下简称本次交易）。 二、本次交易的进展情况 因筹划本次交易相关事项，公司股票自2025年6月23日（星期一）开市起停 牌，合计停牌时间不超过10个交易日，具体内容详见公司于2025年6月24日在上 海证券交易所网站（www.sse.com ...

Core Viewpoint - Yantai Northern Andeli Juice Co., Ltd. has initiated a share buyback program for its H-shares, authorized by the shareholders' meeting, with a total of 1,000,000 shares repurchased in July 2025, representing 1.42% of the total H-shares issued at the time of authorization [1][2]. Group 1 - The company held its annual shareholders' meeting on May 16, 2025, where it approved a general authorization for the board to repurchase up to 10% of the total issued H-shares [1]. - The H-share buyback commenced on June 13, 2025, and in July 2025, the company executed 7 buyback transactions [1]. - The total funds used for the buyback in July amounted to 18,114,590.00 HKD, excluding commissions and other fees [1]. Group 2 - As of the announcement date, the company has completed a total of 17 buyback transactions, repurchasing a cumulative total of 6,012,000 H-shares [2]. - The cumulative repurchased shares represent 8.51% of the total H-shares issued at the time of authorization and 1.76% of the company's total shares [2]. - The total funds expended for the buyback program to date are 104,692,450.00 HKD, excluding commissions and other fees [2].

Core Viewpoint - The company announced the implementation of H-share repurchases, indicating a strategic move to enhance shareholder value through buybacks [1] Summary by Relevant Sections H-share Repurchase Details - In July 2025, the company executed 7 H-share repurchase transactions, acquiring 1 million H-shares, which represents 1.42% of the total H-shares issued as of the date of the general meeting authorization and 0.29% of the total shares of the company, with a total expenditure of 18.1146 million HKD (excluding commissions and other fees) [1] - As of the date of this announcement, the company has conducted a total of 17 H-share repurchase transactions in this round, cumulatively repurchasing 6.012 million H-shares, which accounts for 8.51% of the total H-shares issued as of the date of the general meeting authorization and 1.76% of the total shares of the company, with a total expenditure of 105 million HKD (excluding commissions and other fees) [1]

Core Viewpoint - The new tariffs imposed by the U.S. on Brazilian orange juice are perceived as alarming for the entire juice industry, with unexpected consequences being analyzed by stakeholders [1] Industry Impact - The tariff measures not only affect Brazil but also have implications for the entire U.S. juice industry, indicating a broader impact on market dynamics [1]

Group 1 - The controlling shareholder of Yantai Northern Andeli Juice Co., Ltd. (the "Company") has undergone a change in its equity structure, where Mr. Wang An transferred 90% of his shares in China Pingan Investment Holdings Limited (BVI Pingan) to Ms. Wang Meng [1][2] - After the transfer, the total shareholding and voting rights of the controlling shareholder and its concerted actors remain unchanged, ensuring that BVI Pingan continues to be the controlling shareholder and Mr. Wang An and Ms. Wang Meng remain the actual controllers of the Company [1][3] - The change in the equity structure of the controlling shareholder will not affect the Company's governance structure or its ongoing operations [3] Group 2 - The equity structure of BVI Pingan before the transfer included Mr. Wang An and Mr. Zhang Hui as shareholders, while after the transfer, it includes Ms. Wang Meng and Mr. Zhang Hui [2] - The combined shareholding of BVI Pingan and its concerted actions, including Donghua Fruit Industry Co., Ltd., Shandong Andeli Group Co., Ltd., and Hongan International Investment Company Limited, remains unchanged [2]

Group 1 - The company Yantai North Andre Juice Co., Ltd. reported no changes in issued shares or treasury shares as of June 30, 2025, with a total issued share count of 70,664,000 [1] - The total number of issued shares, excluding treasury shares, remains at 70,664,000, which is part of a larger total of 341,200,000 shares, including 70,664,000 H shares and 270,536,000 A shares [1][2] - The company executed a share buyback totaling 5,012,000 shares, with a total expenditure of HKD 86,577,860 [1] Group 2 - The buyback activity was conducted in accordance with applicable rules of the local stock exchange [2] - The percentage of shares repurchased relative to the total issued shares on the date the buyback authorization was approved is based on the total issued shares of 341,200,000 [2]

证券代码：600962 证券简称：国投中鲁 公告编号：2025-027 国投中鲁果汁股份有限公司 第九届董事会第 5 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。 国投中鲁果汁股份有限公司（以下简称国投中鲁或公司）第九届董事会第 5 次会议于 2025 年 5 月 27 日（星期二）在北京市西城区阜成门外大街 2 号万通金 融中心 B 座公司会议室以现场结合通讯方式召开。会议通知于当天通过电子邮件 方式送达各位董事，全体董事一致同意豁免本次会议通知时限要求。本次会议应 出席董事 8 人，实际出席董事 8 人（其中：以通讯表决方式出席会议的董事 6 人），本次会议由董事长贺军先生主持，公司部分高级管理人员、董事及高级管 理人员相关候选人列席会议。会议召开符合有关法律、法规、规章和《公司章程》 《国投中鲁董事会议事规则》的规定。经各位董事认真审议，会议形成了如下决 议： 一、审议通过《关于公司董事及高级管理人员变更的议案》 本议案已经董事会提名、薪酬与考核委员会审议通过。具体内容详见公司披 露于上海证券交易所网站 ...

Meeting Information - The company will hold its second extraordinary general meeting of shareholders in 2025 on June 13, 2025, at 14:00 [1][2] - The meeting will take place at the company's conference room located at 7th Floor, Wan Tong Financial Center B, No. 2 Fuchengmen Outer Street, Xicheng District, Beijing [1][2] Voting Procedures - The voting method for the meeting will combine on-site voting and online voting [1] - Online voting will be conducted through the Shanghai Stock Exchange's shareholder meeting online voting system, available from 9:15 to 15:00 on the day of the meeting [1][2] - Shareholders holding multiple accounts can participate in the online voting through any of their accounts, and the total voting rights will be the sum of all shares held across accounts [3][4] Shareholder Participation - Only shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on June 6, 2025, are eligible to attend the meeting [4] - Shareholders can appoint a proxy to attend the meeting and vote on their behalf, with specific documentation required for registration [5] Registration Details - Registration for the meeting must be completed with necessary documents, including identification and proof of shareholding [5] - The registration address is the company's office at the same location as the meeting [6] Additional Information - The meeting is expected to last half a day, and attendees will be responsible for their own transportation and accommodation costs [5]

Dividend Announcement - The company Yantai North Andre Juice Co., Ltd. has announced a final dividend of 2.5 RMB per 10 shares for the fiscal year ending December 31, 2024 [1] - The dividend declaration date is pending approval from shareholders [1] - The dividend will be distributed in HKD, with the exact amount and exchange rate to be announced later [1] Key Dates - Ex-dividend date is set for June 25, 2025 [1] - The last date for submitting share transfer documents to qualify for the dividend is June 27, 2025, to July 2, 2025 [1] - Record date for the dividend is July 2, 2025, and the payment date is August 6, 2025 [1] Tax Information - A withholding tax rate of 10% applies to non-resident enterprises and non-individual residents holding shares [2] - For mainland individual investors holding H-shares through Stock Connect, a withholding tax rate of 20% will be applied [2]