2月5日，A股延续回调态势，双创指数跌幅靠前，市场亏钱效应明显，3719只个股收绿，抛压集中于有色等资源股及通信等科技股，白酒、银行股相对抗 跌。 受访人士指出，今日缩量下跌体现节前避险情绪升温与存量资金高低切换，预计节前A股大概率震荡磨底。当前建议投资者保持中等仓位，保留现金灵活 性，可逢低分批布局白酒板块，不宜急于"抄底"科技、资源股，暂不建议盲目上车券商板块。 量能大幅萎缩 指数跌多涨少，沪指收跌0.64%报4075.92点，创业板指收跌1.55%报3260.28点，深证成指收跌1.44%。沪深300、上证50微跌，科创50跌逾1%，北证50跌 逾2%。 前两日交易量能微降，今日三市成交额缩减3090亿元，降至2.19万亿元。近期杠杆资金热度明显下降，截至2月4日，沪深京两融余额降至2.69万亿元。 市场亏钱效应明显，3719只个股收跌，跌停股23只；1618只个股收涨，涨停股56只。随着交易量缩减，今日成交额超百亿元个股仅9只，多数热门股收 跌，新易盛、紫金矿业跌幅均超4%，蓝色光标、天孚通信跌近6%。贵州茅台收涨1.97%报1555元/股，网宿科技涨逾7%报17.97元/股。 | 代码 | 名称 | ...

（文章来源：证券日报） 证券日报网讯 2月5日，香飘飘在互动平台回答投资者提问时表示，公司当前无应披露而未披露的重大 事项。现阶段，公司运作聚焦主业，包括杯装冲泡、杯装即饮饮料等产品的生产及销售，并持续推进冲 泡产品的健康化、功能性、年轻化创新升级。同时，积极打造杯装即饮业务"第二成长曲线"。公司也将 持续关注产业机遇，并严格履行信息披露义务。 ...

Core Viewpoint - Dongpeng Beverage has shown strong stock performance and robust revenue growth, establishing itself as a leader in the functional beverage market in China, while also beginning its international expansion strategy [1][2][6]. Group 1: Stock Performance - On February 5, Dongpeng Beverage's stock price peaked at 296 HKD, with a maximum increase of 7.32%, closing at 277.2 HKD, marking the third consecutive day of gains since its listing on the Hong Kong Stock Exchange [1][11]. - The stock was listed at an issue price of 248 HKD per share, with a market capitalization exceeding 155.5 billion HKD on its first trading day [1][11]. Group 2: Revenue Growth - Dongpeng Beverage's revenue for 2025 is projected to exceed 20 billion CNY, reaching between 20.76 billion and 21.12 billion CNY, representing a year-on-year growth of 31.07% to 33.34% [2][12]. - The expected net profit attributable to shareholders is between 4.34 billion and 4.59 billion CNY, indicating a growth of 30.46% to 37.97% compared to the previous year [2][12]. - The company has maintained double-digit growth in both revenue and net profit in recent years, with strong performance momentum [2][13]. Group 3: Market Position - Dongpeng Beverage has ranked first in China's functional beverage market by sales volume for four consecutive years since 2021, and is projected to be the second-largest functional beverage company by retail sales in 2024, holding a market share of 23.0% [2][13]. - The core product, Dongpeng Special Drink, has been a significant revenue contributor, accounting for 96.6%, 91.9%, 84.0%, and 74.6% of total revenue from 2022 to the first three quarters of 2025 [3][13]. Group 4: Product Diversification - The company is gradually reducing its reliance on a single energy drink category, with the introduction of the Dongpeng Water product in early 2023, which generated nearly 1.5 billion CNY in its second year, achieving a growth rate of 280.4% [5][15]. - The contribution of sports drinks to total revenue increased from 3.5% in 2023 to 16.9% in the first three quarters of 2025 [5][15]. - Dongpeng Beverage has expanded its product range to include tea, coffee, and plant-based protein drinks, further broadening its market presence [6][16]. Group 5: Global Expansion - The company views overseas market expansion as a key component of its globalization strategy, with part of the funds raised from its listing allocated for this purpose [6][17]. - Dongpeng Beverage has begun its international expansion, with products already available in countries such as Vietnam and Malaysia [6][17]. - In a recent strategic partnership with Indonesia's Sanlin Group, Dongpeng Beverage will invest in establishing a production base and sales operations in Indonesia, marking a significant step in its international development [10][21]. - As of the first half of 2025, overseas revenue was approximately 0.11 million CNY, accounting for about 0.14% of total revenue, indicating that the global expansion is still in its early stages [8][19].

Core Viewpoint - The successful IPO of Dongpeng Beverage in Hong Kong highlights its strong market position and the backing of prominent investors, indicating confidence in its growth potential and international expansion strategy [1][2][3]. Group 1: IPO Details - Dongpeng Beverage's IPO raised approximately 10 billion HKD, marking the largest IPO in the Asian beverage sector since 2020 [2]. - The public offering was oversubscribed by 57.46 times, while the international placement was 15.6 times oversubscribed, attracting significant interest from global and Chinese investors [2]. - Key cornerstone investors include the Kerry Group and the盈科 Group, showcasing the endorsement from top business families in Hong Kong [3][5]. Group 2: Market Position and Performance - Dongpeng Beverage has established itself as the leading player in China's functional beverage market, holding a 26.3% market share as of 2024 [7]. - The company achieved a compound annual growth rate (CAGR) of 41.9% in sales among the top five functional beverage brands from 2022 to 2024 [7]. - For 2025, Dongpeng Beverage projects revenues between 20.76 billion to 21.12 billion CNY, reflecting a year-on-year increase of 31.07% to 33.34% [8]. Group 3: Product and Brand Strength - Dongpeng Beverage's flagship product, Dongpeng Special Drink, has become a favorite among consumers, contributing significantly to its growth [10]. - The company has expanded its product line to include various beverages, achieving a revenue increase of 280.4% for the new product "Dongpeng Water" within a year [10]. - Dongpeng Beverage has been recognized as one of the top 25 global soft drink brands by Brand Finance, underscoring its strong brand value [10]. Group 4: Strategic Expansion Plans - The company plans to allocate approximately 36% of its IPO proceeds to enhance production capacity and supply chain, with 8% earmarked for establishing supply chain infrastructure in key overseas markets [14][15]. - Dongpeng Beverage has already set up subsidiaries in Vietnam, Indonesia, and Malaysia, aiming to tap into the growing demand for energy drinks in Southeast Asia [16]. - The long-term goal is to become a global leader in the energy drink sector, with potential market opportunities in the U.S. and other regions [17].

一年捞金1600多亿，曾一度超过农夫山泉和统一品牌。 三得利，这个被国人喜爱了三十多年的饮料品牌，因名字极具中式韵味，长期被误认为是国货，实则是 日本品牌。 过去39年，凭借出色的本土化策略，它不仅在国内积累了大量忠实用户，也实现了丰厚盈利。 机构数据显示，从2020年开始，其营收和净利连年增长。 2024年财报显示，总营收已经突破1651.8亿元 （RMB）。 | 年度 李俊 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | | 2017 2018 9 2019 V | 2020 | 2021 | 2022 | 2023 | 2024 | | 截止: | 31/12 31/12 31/12 | 31/12 | 31/12 | 31/12 | 31/12 | 31/12 | | 利润表 > | | | | | | | | 总营收 | ANG AND MAG | 1,178,137 | 1,268,917 | 1,450,397 | 1.591.722 | 1,696,765 | | 毛利 | REC RED MAC | 483,855 | ...

多元产品矩阵亮相，一站式体验全球"能量" 天丝集团展位位于北京湾里·王府井奥莱一层中庭。活动现场年味浓浓、红火喜庆，人头攒动，热闹非 凡。天丝集团全球"伟大品牌之家"旗下多元化产品组合齐登场，吸引了大量参观者驻足。面向中国市场 的多款高品质红牛产品全面覆盖不同消费场景与需求，包括：以经典风味口味而广受欢迎的金罐红牛® 维生素风味饮料；契合健康潮流的"0糖果味"红牛®维生素能量饮料；以及国内首款瓶装红牛®能量饮 料，以便携包装与升级配方带来EXTRA加强型能量补给。此外，天丝集团还为中国消费者带来了在泰 国备受青睐的高端能量饮料Ready、泰国排名首位的电解质饮料Sponsor等特色产品。展位还特别设置了 产品试饮区与丰富多彩的消费者互动环节，让中国消费者可以亲身体验各款产品，深入了解品牌文化， 在欢乐的节日氛围中感受"红牛能量"，一站式领略泰国特色风味。 迎新春、促消费、享全球 商务部部长王文涛、北京市市长殷勇、各驻华大使出席活动 (图源：商务部新闻办公室) 2026年2月4日，"共享大市场·出口中国"2026年首场活动在北京举行。商务部部长王文涛、北京市市长 殷勇出席并致辞。英国、哈萨克斯坦、葡萄牙、肯尼亚 ...

（文章来源：每日经济新闻） 商务部等9单位关于印发《2026"乐购新春"春节特别活动方案》的通知，结合开展中华美食荟、老字号 嘉年华活动，组织餐饮名店、老字号餐饮企业、地方特色小吃等，推出年夜饭套餐、新春团圆宴，推出 美食增值服务，如现场表演、免费小吃、幸运抽奖等。鼓励各地发布美食地图，结合本地实际在步行 街、公园、社区等设置年味美食市集，举办美食大赛、厨艺比拼、晒晒我家的团圆饭等活动，结合各类 美食活动推广节日热销商品，吸引更多群众一起"寻味中国年"。 华创证券认为，春节消费旺季大幕拉开，各地促消费政策密集出台，为全年消费市场的"开门红"注入强 劲动力。通过梳理全国各地的春节促消费活动，观察到本轮活动呈现出"政府主导、多方联动、全域覆 盖"的鲜明特征，其核心在于通过"政策+活动"的双轮驱动，深度融合商、文、旅、体、展等多元业态， 旨在激发消费潜力、优化消费供给、营造浓厚节日氛围。在强有力的政策支持和丰富多彩的活动供给 下，2026年春节消费市场有望迎来强劲复苏，消费数据或将超市场预期，为全年消费市场的持续回暖奠 定坚实基础。 港股通消费ETF华夏（513230）紧密跟踪中证港股通消费主题指数，覆盖酒旅、餐饮 ...

加多宝从2008年到2026年礼盒的变化几乎代表了一个时代饮料企业卖礼盒的传统做法。前期是整箱+礼品袋尝试；次期再加入吉利话：提出过吉祥年 （后来的招财进宝）；而后突然的产品竞争，进入价格大战，开始把产品从24入装变成20入装；再到把产品包装变成了16入装。 那边，王老吉也秉持打不过就加入，终于也于2024年开始推16罐装产品。但无论是24罐装、20罐装还是16罐装，整体箱皮的大小、手提袋的大小都没 变，里面减少的内容物则被泡沫取代。 春节假期又创新高，但大家对饮料（包含牛奶）礼盒的消费预期却不高，似乎默认今年又是一个新低，就有一点突然开始各家比烂：你看这礼盒市 场，加多宝不好、王老吉不好、牛奶八宝粥都不好，我不好也是正常。 归结为一点就是，消费者淘汰了礼盒，我们再努力也没办法。着眼当下，我们十年如一日的产品策略是否有问题？难道说是企业卖错了？ 传统礼盒卖法 今年，加多宝的春节礼盒来了波大的，招财进宝里放了"金元宝"。 当然，在这波周转中，也会有50%左右的产品被消费掉了。这在我们传统做礼品消费的企业已习以为常。 前段时间，一个朋友去给胖东来供货，准备新上一批礼盒产品，以抓住春节消费。前期都很顺利，只是到最后 ...

2026 年 2 月 5 日 星期四 昨日港股窄幅波动。恒生指数及国企指数分别收报 26,847 点及 9,048 点，前者上升 0.1%，后者下跌 0.1%。港股成交合共 2,854 亿港元，较前日的 3,352 亿港元，下跌 14.9%，或反映投资者观望情绪增加。分类指数方面，能源、地产建筑、原 材料业指数分别上升 3.0%、2.1%、1.4%；资讯科技、非必需性消费则分别下跌 3.4%、0.4%。蓝筹个股方面，信义玻璃 (868 HK)及中国神华(1088 HK)领涨，分别上升 5.9%及 5.7%；携程集团(9961 HK)及腾讯控股(700 HK)领跌，分别下跌 6.1%及 4.0%。 主要内房港股明显上升，例如华润置地(1109 HK)、中国海外发展(688 HK)、越秀地产(123 HK)、万科企业(2202 HK)上涨 3.9%-6.2%。近期部分投资机构预期政府在短中期未来将公布更积极推动房地产政策。至目前为止,房地产销售数字仍需 突围，存销比率也较高。我们盼望推动政策的力度可较大。 ➢ 每日大市点评 昨晚美股表现分化，科技股受到抛售，例如 AMD(AMD US)下跌 17.3%，光伏股则上 ...

据介绍，印尼三林集团是亚洲最具影响力的跨国企业之一，业务遍及中国、印尼、东南亚、澳大利亚、 北美和欧洲，覆盖食品、能源等多领域。与三林集团的战略合作，是东鹏饮料全球化发展的关键一步。 东南亚是公司重点布局的市场，该区域拥有约6.7亿人口基数及功能饮料消费习惯，且随着经济发展， 消费者购买力不断提升，形成新增量市场。 东鹏饮料（605499）(09980)再涨超3%，截至发稿，涨3.41%，报285.2港元，成交额7665.25万港元。 消息面上，据东鹏饮料官微消息，近日，东鹏饮料集团与印尼华商巨头三林集团正式签署战略合作协 议。东鹏饮料将投资不超过2亿美元，双方将合资共同在印度尼西亚市场展开合作。此次合作，是东鹏 饮料全球化战略再获重大突破。双方将共同投资印度尼西亚东鹏维生素饮料公司，负责在印尼建设生产 基地及开展产品销售业务，项目总投资预计3亿美元。 ...