Core Insights - Haitai Flavor Industry (603288) reported a comprehensive growth in its 2024 annual performance, achieving record highs in revenue, net profit, and category sales value despite industry challenges [2] - The company generated revenue of 26.9 billion yuan, a year-on-year increase of 9.53%, and a net profit of 6.344 billion yuan, up 12.75% from the previous year [2] - Haitai's R&D investment reached a historical high of 840 million yuan, representing 3% of its annual revenue, with a cumulative investment of 3.8 billion yuan over the past five years [2] R&D and Technological Advancements - Haitai has made significant breakthroughs in core areas such as fermentation technology, strain selection, brewing equipment, and testing technology, establishing a global leading technological advantage [2] - The company was recognized as the world's first and only "Lighthouse Factory" for soy sauce brewing, a prestigious accolade in the field of smart manufacturing [2] - Haitai employs AI, IoT, and big data technologies to integrate traditional brewing processes with advanced digital technologies, facilitating a transition from experience-driven to data-driven production [2] Product Innovation and Market Strategy - Haitai's substantial R&D investment has bolstered its product competitiveness, leading to a comprehensive product matrix that includes organic, low-sodium, and "special dietary" series [3] - The company's health-oriented products align with China's "Healthy China" strategy and have received multiple international certifications, including organic certifications from China, Europe, and the U.S. for its organic soy sauce and yellow soybean paste [3] - The company aims to continue its innovation-driven approach to serve global consumers, promoting Chinese flavors worldwide while incorporating global delicacies into its offerings [3]

Core Insights - Haidilao achieved a revenue of 26.901 billion yuan in 2024, representing a year-on-year growth of 9.53%, and a net profit of 6.344 billion yuan, up 12.75% year-on-year, indicating strong performance despite underlying challenges [1] Group 1: Revenue Growth and Market Competition - Revenue growth has slowed down, with a 9.53% increase in 2024 compared to a decline of 4.10% in 2023, but this is significantly lower than the growth rates of 9.71% in 2021 and 15.13% in 2020, suggesting weakened growth momentum in the seasoning market [4] - The company maintains a leading position in traditional categories such as soy sauce, oyster sauce, and seasoning sauces, but faces increasing competition from emerging and regional brands that are gradually eroding market share [4] - The company has not established a clear competitive advantage in the specialty seasoning sector, which may lead to future growth challenges [4] Group 2: R&D Investment and Technological Innovation - In 2024, R&D expenses amounted to 840 million yuan, accounting for 3.12% of total revenue, which, while still leading the industry, represents a decrease from 3.47% in 2023, indicating a reduction in investment in technological innovation [5] - Although the company has made breakthroughs in core fermentation technology, strain selection, and key brewing equipment, the efficiency of converting these technological achievements into marketable products needs improvement [6] - The application of AI bean face recognition technology and "smart nose" sensing systems has improved production efficiency and quality control, but consumer awareness of these technologies remains low, failing to significantly enhance brand premium [6] Group 3: Internationalization Strategy - The company's internationalization strategy has progressed slowly, with limited success in expanding overseas markets, despite plans to enhance international influence through a Hong Kong stock listing [7] - The primary market remains concentrated in China, with overseas revenue accounting for a very small proportion, highlighting a significant gap in brand internationalization and product localization compared to global seasoning giants [7] - Challenges such as cultural differences and policy risks must be effectively addressed to improve the effectiveness of overseas market expansion [7]

Group 1 - The company proposes to authorize the board of directors to determine the mid-term dividend plan for 2025, contingent upon certain conditions being met [1][2] - The mid-term cash dividend plan includes the authorization for the board to formulate, implement, and handle necessary matters related to the 2025 mid-term dividend [1][2] - The authorization period extends from the approval date at the 2024 annual shareholders' meeting until the completion of the 2025 mid-term dividend implementation [2] Group 2 - The board of directors and the supervisory board have approved the proposal to submit the authorization to the shareholders' meeting for review [2]

佛山市海天调味食品股份有限公司 会议材料 证券代码：603288 佛山市海天调味食品股份有限公 司 2024 年年度股东 大会会议材料 议案九：公司关于提请股东大会授权董事会决定 2025 年中期分红方案的议案 佛山市海天调味食品股份有限公司 2024 年年度股东大会会议材料 佛山市海天调味食品股份有限公司 为维护投资者的合法权益，保障股东在公司 2024 年年度股东大会期间依法行 使权利，确保股东大会的正常秩序和议事效率，根据《中华人民共和国公司法》 《佛 山市海天调味食品股份有限公司章程》 《佛山市海天调味食品股份有限公司股东大 会议事规则》的有关规定，特制定本须知： 一、请按照本次股东大会会议通知（详见 2025 年 4 月 3 日刊登于上海证券交 易所网站（www.sse.com.cn）的《海天味业关于召开 2024 年年度股东大会的通知》） 中规定的时间和登记方法办理参加会议手续，证明文件不齐或手续不全的，谢绝 参会。 二、本公司设立股东大会秘书处，具体负责大会有关各项事宜。 三、本次股东大会以现场投票、网络投票召开。 四、股东参加股东大会依法享有发言权、质询权、表决权等权利，同时也应 履行法定义务 ...

| | 占用方与 | | | | 2024 年度占用 | | 2024 年度占用 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 资金占用方 | | | 上市公司核算 | 2024 年期初 | | | | | 2024 年度偿还 | | 2024 年期 | | 末 | | | | | | | | | | | | | 非经营性资金占用 | | 上市公司的 | | | | 累计发生金额 | | 资金的利 | | | | | 息 | | | 占用形成原因 | 占用性质 | | | | | | | | | 名称 | | | 的会计科目 | 占用资金余额 | | | | | 累计发生金额 | | 占用资金余额 | | | 关联关系 | | | | (不含利息) | | (如有) | | | | | | 现大股东及其附属企业 | 无 | | 不适用 | 不适用 | - | | - | - | - | | - | | 不适用 不适用 | | | | | | | | | | | | | 小 | | | ...

佛山市海天调味食品股份有限公司 关于2025年度日常关联交易计划的公告 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。 证券代码：603288 证券简称：海天味业 公告编号：2025-008 重要内容提示： ? 是否需要提交股东大会审议：是 ? 日常关联交易对上市公司的影响：本次关联交易属公司日常关联交易， 定价公允合理，遵循平等自愿和诚实信用原则，不存在损害公司及股东利益的 情况。 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 根据生产经营所需，公司编制了2025年度日常关联交易计划。董事会审计委 员会对议案进行了预先审阅。公司独立董事就本议案经专门会议审议通过，并发 表书面意见：公司2025年度日常关联交易属于正常业务范围，符合公司实际情况， 公司与关联方发生的日常关联交易是在公平合理、协商一致的基础上进行的，并 签署相关协议进行规范，交易方式符合市场规则，遵循公开、公平、公正的定价 原则，该交易符合有关法律、法规和《公司章程》等有关规定，交易的履行符合 公司和全体股东利益，未对公司独立性构成不利影响，不会损 ...

Investment Overview - The company aims to utilize idle funds to improve capital efficiency without affecting normal operational liquidity and fund safety [1][2] - The total investment amount will not exceed 10 billion RMB [1][3] - The source of funds for the investment will be the company's own idle funds [1] - The investment will be entrusted to publicly listed banks and securities firms or strong financial institutions, ensuring no related party relationships exist [1][2] - The investment will focus on low to medium risk financial products, including financial institution wealth management products, bond reverse repos, and interest rate bonds [1][3] - The investment period is set to be within one year from the board resolution [1] Approval Process - The investment plan has been approved by the company's sixth board of directors at its fourth meeting and does not require shareholder approval [2][3] Risk Analysis and Control Measures - The company has conducted thorough assessments of the risks and returns associated with the investment, acknowledging potential market, policy, liquidity, and force majeure risks [2][3] - A detailed management system has been established to regulate investment permissions, review processes, reporting, trustee selection, daily monitoring, and accountability to mitigate investment risks [2] Impact on the Company - The investment of idle funds will not affect the company's daily operations or the normal turnover of funds, thereby enhancing capital efficiency and benefiting the company and its shareholders [2][3] - The company will adhere to accounting standards for financial instruments as mandated by the Ministry of Finance for accounting and reporting purposes [2]

佛山市海天调味食品股份有限公司（下称"公司"）董事会审计委员会根据 《上市公司治理准则》《上海证券交易所股票上市规则》《上海证券交易所上 市公司自律监管指引第1号—规范运作》《公司章程》和公司《董事会审计委员 会议事规则》的有关规定，在职责范围内开展工作。现就审计委员会2024年度 的履职情况汇报如下： 一、董事会审计委员会基本情况 佛山市海天调味食品股份有限公司 董事会审计委员会 2024 年度履职情况报告 过了《公司2024年第三季度报告》，并同意将上述议案提交公司董事会审议。 过了《关于公司发行H股之前滚存利润分配方案的议案》《关于聘请H股发行并 上市审计机构的议案》，并同意将上述议案提交公司董事会审议。 公司董事会审计委员会由五名董事组成，其中三名独立董事，委员会召集 人由具有会计专业资格的独立董事担任。公司于2024年9月19日召开2024年第一 次临时股东大会选举产生第六届董事会董事，并于同日召开第六届董事会第一 次会议选举产生公司第六届董事会审计委员会成员：屈文洲（会计专业人士， 召集人）、张科春、丁邦清、文志州、廖长辉。在此之前，公司第五届董事会 审计委员会成员包括：沈洪涛（会计专业人士，召集 ...

佛山市海天调味食品股份有限公司 证券代码：603288 股票简称：海天味业 公告编号：2025-015 关于2024年度"提质增效重回报" 行动方案的评估报告 本公司董事会及全体董事保证本公告内容不存在虚假记载、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。 为推动公司高质量发展和投资价值的提升，切实保障和维护投资者合法权 益，增强投资者回报，佛山市海天调味食品股份有限公司（以下简称"公司"） 制定了2024年度"提质增效重回报"行动方案，具体内容详见公司于2024年7月 提质增效重回报"行动方案的公告》。公司积极推动落实相关工作，并取得阶段 性的成效和进展，具体情况总结如下： 一、聚焦主营业务，提升公司经营质量 公司聚焦调味品主业发展不动摇，坚守以用户至上为经营理念，围绕多元需 求、多场景、多区域饮食等方向，坚持不懈推进"精品工程"落地，持续为用于提 供营养健康、质量稳定、高质价比的海天产品。 目前，公司已形成了全面的品类布局，包括酱油、蚝油、调味酱、食醋、料 酒、鸡精鸡粉、番茄沙司、辣椒酱等其他特色调味品。 二、加快发展新质生产力，多举措提质增效 公司坚持高质量发展战略，坚持科 ...

证券代码：603288 证券简称：海天味业 公告编号：2025-010 佛山市海天调味食品股份有限公司 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。 重要内容提示： 随着公司及子公司海外市场的开拓，在日常经营过程中涉及跨境采购、产品 出口等外币业务，海外收支业务逐步提升，为更好地应对汇率或利率波动风险， 公司需开展外汇衍生品交易业务。公司开展外汇衍生品交易业务与公司日常经营 需求紧密相关，是基于公司外汇收支业务具体情况开展，以套期保值为目的，不 进行投机和非法套利。 （二）交易金额 结合公司实际经营情况，预计使用不超过人民币20亿元或等值外币额度开展 外汇衍生品交易业务，额度内可循环使用。上述不超过20亿元人民币或等值外币 额度是指公司外汇衍生品交易业务在任一时点开展交易的金额不超过该额度。 （三）资金来源 公司自有资金或自筹资金，不涉及使用募集资金的情况。 （四）交易方式 等价格波动将对衍生品交易产生潜在损失。 人为判断偏差，或未按既定程序操作而造成损失的风险。 的风险。 （二）风险控制措施 公司仅与具有外汇衍生品交易业务 ...