证券代码：600429 证券简称：三元股份 公告编号：2025-039 北京三元食品股份有限公司 2025年第一次临时股东大会决议公告 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。 会议由公司董事会召集，采取现场投票及网络投票相结合的方式召开并表决。现场会议由公司董事长袁 浩宗先生主持，会议的召集、召开及表决方式符合《公司法》等有关法律法规和《公司章程》的规定。 (五)公司董事、监事和董事会秘书的出席情况 3、公司总经理、总会计师等高级管理人员列席了本次会议，董事会秘书出席了本次会议。 重要内容提示： ● 本次会议是否有否决议案：无 一、会议召开和出席情况 (一)股东大会召开的时间：2025年9月5日 (二)股东大会召开的地点：北京市大兴区瀛海瀛昌街8号，公司工业园南区四楼会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ■ (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 二、议案审议情况 (一)非累积投票议案 1、议案名称：关于变更注册资本及修改《公司章程》的议案 审议结 ...

（文章来源：证券日报） 证券日报网讯 9月5日晚间，三元股份发布公告称，公司2025年第一次临时股东大会审议通过了《关于 变更注册资本及修改<公司章程> 的议案》等多项议案。 ...

| | | | 单位:元 币种:人民币 | | --- | --- | --- | --- | | 主要会计数据 | 本报告期 | 上年同期 | 本报告期比上年 | | | (1-6月) | | 同期增减(%) | | 营业收入 | 12, 472, 287, 957 | 12. 713, 712, 079 | -1.90 | | 利润总额 | 270, 812, 030 | 236, 416, 959 | 14. 55 | | 归属于上市公司股东的净利润 | 217, 236, 092 | 280, 401, 016 | -22. 53. | | 归属于上市公司股东的扣除非经常性 | 251.609.891 | 348, 422, 069 | -27.79 | | 损益的净利润 | | | | | 经营活动产生的现金流量净额 | 417.238, 967 | 228, 900, 270 | 82. 28 | | | 本报告期末 | 上年度末 | 本报告期末比上 | | | | | 年度末增减(%) | | 归属于上市公司股东的净资产 | 9, 988, 698, 874 | 9. 474. 894. 106 ...

Core Insights - Aoyou Dairy's revenue for the first half of 2025 reached approximately 3.887 billion yuan, representing a year-on-year growth of 5.6% [1] - The company's EBITDA was about 398 million yuan, showing a significant increase of 29.7% year-on-year [1] - Net profit attributable to equity holders was around 181 million yuan, up 24.1% compared to the previous year [1] International Business Growth - Aoyou's international and nutrition businesses have become key growth drivers, with overseas revenue from Jiabeiaite increasing by 65.7% to approximately 483 million yuan [1] - The Middle East remains the largest overseas market, with revenue growth of 54.2%, driven by enhanced brand influence and market penetration in countries like Saudi Arabia and the UAE [1][2] - North America saw a remarkable revenue increase of over 138.7%, with Jiabeiaite achieving leadership in the goat milk infant formula category on Amazon and successfully entering Walmart [1][2] Product Line Expansion - The CIS market contributed stable revenue growth with a year-on-year increase of 33.8%, covering a full range of Jiabeiaite products [2] - Aoyou's nutrition business also grew by 7.0%, expanding into high-end overseas markets like the US and France [2] - The company launched seven new functional products in the To C segment, receiving positive market feedback [2] Domestic Market Performance - Despite a declining newborn population and increased competition in the infant formula market, Aoyou maintained stable growth, with its own brand milk powder revenue reaching approximately 2.826 billion yuan [2] - Goat milk powder revenue grew by 3.1%, with market share increasing by 2.8 percentage points to 30.4% [2] Strategic Acquisitions and Future Outlook - Aoyou completed the strategic acquisition of the remaining 50% stake in Amalthea Group B.V. to enhance its goat milk supply chain [3] - The company aims to strengthen its "milk powder + nutrition" strategy, focusing on product, brand, channel, digital, and organizational capabilities to ensure revenue and profit growth [3] - The company anticipates ongoing challenges from macroeconomic uncertainties and a declining infant formula market, but remains committed to consumer-centric strategies [3]

Core Viewpoint - Western Dairy announced on September 5 that its subsidiaries, Huayuan Dairy and Tianshan Yunmu Dairy, have operational milk powder production lines and are producing normally [1] Group 1: Company Operations - The company’s dairy processing enterprises are committed to continuous product research and development [1] - The company is actively expanding sales channels to enhance product sales [1]

Core Insights - The overall performance of China's consumer market in the first half of 2025 was subdued, while new consumption trends showed strong growth, a pattern observed over the past 18 months [1] - Among the companies covered by Bank of America, 36% exceeded earnings expectations, 31% fell short, and the remainder met or showed mixed results [1] Domestic Consumption Trends - Restaurant businesses primarily relying on takeout benefited from subsidy policies, with companies like Mixue Group reporting a 13% year-on-year increase in sales per store, largely driven by these subsidies [2] - The average selling price (ASP) in the restaurant and beverage sectors, particularly bottled water, has shown a downward trend, with CR Beverage experiencing an 18.5% decline in sales, nearly half attributed to falling prices [3] Channel Transformation - Companies are reporting strong sales for products customized for emerging channels like Sam's Club and discount snack stores, with some leading firms even providing OEM services for these channels [4] - The trend towards private labels is becoming more pronounced due to channel fragmentation and diminishing brand prestige [4] Consumption Highlights - Areas such as ready-to-drink beverages (sugar-free tea, energy drinks), freshly brewed tea and coffee, snacks (konjac products), outdoor activities, emotional consumption, and discount channels are performing well [5] - This aligns with Bank of America's recent report on new consumption, which emphasizes five core consumer areas: emotional value, health and wellness, diverse experiences, convenient services, and emerging channels [5] New Consumption Differentiation - Despite strong performance from some new consumption companies, market sentiment appears cautious, with Bubble Mart seen as a consensus buy, while the milk tea sector faces negative sentiment [6] Overseas Business and Shareholder Returns - The anticipated rush in orders for the second half of 2025 may lead to sequential growth slowdowns due to high base effects, with tariff-sharing mechanisms potentially limiting OEM profit margins in the short term [7] - A stable shareholder return is noted, with 4%-5% dividend yields common among covered consumer stocks, and several companies increasing dividend frequencies [8] Future Cyclical Trends - The white liquor and dairy sectors are highlighted for potential upward cycles in 2026, with investors showing interest in companies that have faced significant sales declines but are expected to clean up their profit and loss statements [9] - Conversely, the white goods and milk tea sectors are anticipated to face downward cycles, with concerns over high base effects and uncertain performance in 2026 [10]

来源：新华网 "公益不该是一阵风，而是一棵树，把根深深扎进土壤里，让善意年年抽出新芽……" 9月5日中华慈善日当天，澳优基金会联合新华网共同发布公益宣传片《用爱呵护 让善意常青》，呼吁 让公益长成一棵向下扎根、向上生长的常青树，以扎实的、可追溯的公益行动助推慈善事业高质量发 展。 无论是母婴关爱、兴教助学、乡村振兴，还是环境保护、产业帮扶、应急救援，作为乳业头部企业，澳 优把公益责任落实到年复一年的实际行动中，沉淀为体系化的机制，用一条看得见的"社会补给链"，诠 释了一家企业穿越周期的公益信仰与可持续的社会担当。 关爱母婴健康 从"一罐奶"到"一条链" 除此之外，面对疫情、地震、洪涝等突发灾害，澳优也第一时间启动应急机制，通过实际行动捐资赠 物、助力救灾。比如，2025年初西藏日喀则发生地震，面对突如其来的灾难，澳优旗下荷兰高端进口奶 粉品牌海普诺凯迅速响应，积极履行社会责任，第一时间联合西藏自治区母子保健协会等爱心组织捐赠 生活物资，帮助受灾群众缓解燃眉之急。 在刚刚过去的8月，"益起点亮新河"行动再度启动，澳优等企业联合新华网再次向新华社定点帮扶地之 一的河北省邢台市新河县捐赠母婴营养品等爱心物资，为当地 ...

格隆汇9月5日丨蒙牛乳业(02319.HK)发布公告，2025年9月5日耗资213.72万港元回购37.8万股，回购价 格每股5.63-5.68港元。 ...

智通财经APP讯，蒙牛乳业(02319)发布公告，于2025年9月5日斥资602.8万港元回购股份40万股，每股 回购价格为14.93-15.14港元。 ...

作为国家"学生饮用奶计划"的重要参与者和推动者，蒙牛集团始终秉持"用一杯好奶，滋养民族未 来"品牌初心，严格遵守《国家"学生饮用奶计划"推广管理办法》，以更高标准、更严管理筑牢质量安 全底线，对牧场、工厂、仓库、流通、入校等各环节严格监控，全力确保学生饮用奶的品质与安全。 今年，恰逢是国家"学生饮用奶计划"实施推广的25周年。该计划实施25年来，成效斐然。据中国奶 业协会最新统计，计划实施范围从初期的5个试点城市扩展至31个省份，覆盖学校超10万所，惠及学生 3134万名。全国学生饮用奶日均供应量由2001年的50万份增长至2024年的2672万份，增长超过50倍。 中国疾病预防控制中心2024年发布的"学生饮用奶计划"干预评估报告显示，饮奶干预措施促进了学 生骨骼成长与发育，还缓解了营养不均衡导致的消瘦等问题。 奶源是品质的起点，蒙牛学生奶产自经过中国奶业协会认证的学生饮用奶专属奶源基地。每一包印 有"学字标"的产品都需经历从原料到成品的9道工序、39个工艺核心步骤、105项指标监控、8天保温实 验的严苛流程。生产全程严格执行HACCP等国际认证的现代化管理体系，实现了牧场、工厂、仓库、 流通、学校等各环节 ...