Group 1 - The core point of the article highlights President Trump's threat to impose a 50% tariff on goods imported from the EU, significantly impacting industries such as the German automotive sector [1] - In 2024, 13.1% of new cars exported from Germany are destined for the US market, indicating the importance of this market for German automakers [1] - Major car manufacturers like Porsche, BMW, Volkswagen, and Mercedes-Benz, which have production lines concentrated in Europe, may need to raise prices to cope with the high tariffs, potentially leading to losses [1] Group 2 - The US market is the largest export destination for French cognac, accounting for over 50% of its global sales, making it highly vulnerable to tariff changes [1] - If a 50% tariff is imposed, the French cognac industry could face annual losses exceeding 2 billion euros, with some wineries possibly exiting the US market permanently [1]

本周（5月19日至23日，下同），三大指数全线调整。分行业来看，贵金属、汽车、包装等行业板块涨 幅居前，互联网、工业机械、酒类等行业板块跌幅靠前。市场上分化较为严重。 利好频发 在消息面上，本周LPR迎来年内首降，1年期降至3%，5年期以上降至3.5%，均下降10个基点。中国人 民银行行长潘功胜日前主持召开金融支持实体经济座谈会并讲话。会议重申，要实施好适度宽松的货币 政策，满足实体经济有效融资需求，保持金融总量合理增长。 近日，利好频发。 5月23日召开的国务院常务会议审议通过了《制造业绿色低碳发展行动方案（2025— 2027年）》。 会议指出， 推进制造业绿色低碳发展是大势所趋，要加快绿色科技创新和先进绿色技术推广应用，强 化新型工业化绿色底色。要推进传统产业深度绿色转型， 结合大规模设备更新等政策实施，积极应用 先进装备和工艺，加快重点行业绿色改造升级。要引领新兴产业高起点绿色发展，加大清洁能源、绿色 产品推广，提升资源循环利用水平。要加强共性技术攻关，完善重点领域标准， 优化相关政策，健全 绿色制造和服务体系，更好支持和帮助企业转型升级。 此前一日（5月22日），国新办举行新闻发布会，介绍科技金融政 ...

Group 1 - The core opinion of the legal opinion letter is that the differentiated dividend distribution plan of Kuaijishan Shaoxing Wine Co., Ltd. complies with relevant laws and regulations, and does not harm the interests of the company and its shareholders [8] - The company plans to distribute a cash dividend of 4.0 yuan (including tax) for every 10 shares, with a total share capital of 479,463,409 shares as of December 31, 2024, resulting in a total cash dividend of 188,185,363.60 yuan (including tax) [5][6] - The company has repurchased 9,000,000 shares, which will not participate in the dividend distribution, thus the actual participating shares for the dividend distribution will be 470,463,409 shares [5][6] Group 2 - The repurchase of shares is part of a plan to incentivize employees and will not affect the dividend distribution as the repurchased shares do not have voting rights or profit distribution rights [5][6] - The differentiated dividend distribution is calculated based on the closing price of 14.68 yuan per share on May 8, 2025, leading to an adjusted ex-dividend price of 14.28 yuan per share [6][7] - The impact of the differentiated dividend distribution on the ex-dividend reference price is minimal, estimated at 0.05%, which is less than 1% [7][8]

Core Viewpoint - The company has announced a cash dividend distribution of 0.4 yuan per share for the fiscal year 2024, approved at the annual shareholders' meeting on April 25, 2025 [1][2][3]. Dividend Distribution Details - The total profit available for distribution to shareholders as of December 31, 2024, is approximately 1.42 billion yuan, with the cash dividend amounting to about 188.19 million yuan, representing 95.92% of the net profit attributable to shareholders [2]. - The cash dividend distribution will not involve stock bonuses or capital increases, resulting in no change to the circulating shares [3]. - The record date for the dividend is May 29, 2025, with the last trading day on May 30, 2025, and the ex-dividend date also on May 30, 2025 [1][3]. Implementation of Dividend Distribution - The cash dividends will be distributed through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, to shareholders registered by the end of the trading day on the record date [3][4]. - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are completed [3]. Taxation on Dividends - For individual shareholders, dividends are subject to different tax treatments based on the holding period, with a maximum tax rate of 20% for shares held for less than one month and a reduced rate of 10% for shares held between one month and one year [5][6]. - For qualified foreign institutional investors (QFII), a withholding tax of 10% will apply, resulting in a net dividend of 0.36 yuan per share [6]. - Hong Kong Stock Exchange investors will also face a 10% withholding tax, leading to a net dividend of 0.36 yuan per share [6].

Group 1 - The 2025 Fund High-Quality Development Conference was held in Shenzhen, focusing on new paths for the high-quality development of the fund industry, gathering top experts and leaders from academia, private equity, and brokerage firms [1] - Zhang Yuxiang, a fund manager from Penghua Quantitative Investment Department, highlighted investment opportunities in both traditional and new consumption sectors for the second half of the year [3] Group 2 - In traditional consumption, value-oriented stocks with high dividend yields are recommended, particularly in sectors like banking and food and beverage, which are entering maturity with stable dividend rates [3] - New consumption stocks are gaining attention from domestic investors, with venture capital investments increasing and many companies planning to list in Hong Kong, where consumer growth potential is higher [3] - The traditional liquor sector is also emphasized, with a distinction between domestic and foreign investment approaches, focusing on short-term performance and the potential for explosive growth in new consumption stocks [3]

Core Points - The company, Shanghai JinFeng Wine Co., Ltd., was established as a joint-stock company in accordance with relevant laws and regulations, with a registered capital of RMB 669,004,950 [2][4] - The company aims to maintain the legal rights of shareholders, employees, and creditors while ensuring compliance with the Company Law and Securities Law [1][2] - The company operates in the liquor business and has a diverse range of activities including food import and export, transportation, and real estate leasing [4][5] Chapter Summaries Chapter 1: General Provisions - The company is established to protect the rights of stakeholders and ensure compliance with laws [1][2] - The company was approved by the Shanghai Municipal Government and registered with the local administration [2] Chapter 2: Business Objectives and Scope - The company's business objectives focus on quality, service, reputation, and efficiency [4] - The company is authorized to engage in liquor sales, food import/export, and various transportation services [4] Chapter 3: Shares - The company issues shares in the form of stocks, with a face value of RMB 1 per share [5][6] - The company has issued a total of 669,004,950 shares, all of which are ordinary shares [5] Chapter 4: Shareholders and Shareholders' Meeting - Shareholders have rights to dividends, voting, and participation in meetings based on their shareholdings [13][34] - The company must hold annual and temporary shareholders' meetings to discuss important matters [46][48] Chapter 5: Board of Directors - The board of directors is responsible for managing the company and must act in the best interests of shareholders [3][19] - The board must ensure compliance with laws and regulations during its operations [19] Chapter 6: Senior Management - Senior management includes the general manager, deputy general managers, and other key personnel [4][5] - The management is accountable to the board and must adhere to the company's regulations [4] Chapter 8: Financial Accounting System, Profit Distribution, and Audit - The company must maintain a financial accounting system and conduct internal audits [4] - The appointment of external auditors must be approved by the shareholders' meeting [4] Chapter 10: Mergers, Divisions, Capital Increases, Reductions, Dissolution, and Liquidation - The company can increase or reduce capital based on shareholder resolutions and legal requirements [8][9] - The company must follow legal procedures for mergers and dissolutions [8] Chapter 12: Amendments to the Articles - The articles of association can be amended through resolutions passed at shareholders' meetings [11][12]

上海金枫酒业股份有限公司 董事会议事规则 第一章 总 则 第一条 为进一步完善公司治理结构，确保董事会工作的规范性、有效性，决策的科学 性，根据《公司法》、《上市公司治理准则》（以下简称《治理准则》）、《公司章程》以 及其他法律、法规的有关规定，特制订本议事规则。 第二条 董事会应具备合理的专业结构，其成员应具备履行职务所必须的知识、技能 和素质。 第三条 董事会应认真履行有关法律、法规和公司章程规定的职责，确保公司遵守法律、 行政法规和《公司章程》的规定。 第二章 董事会及其职权 第四条 公司设董事会，对股东会负责。 （四） 制订公司的利润分配方案和弥补亏损方案； （五） 制订公司增加或者减少注册资本、发行债券或其他证券及上市方案； （六） 拟订公司重大收购、收购本公司股票或者合并、分立、解散及变更公司形式的方案； （七） 在股东会授权范围内，决定公司的对外投资、收购出售资产、资产抵押、对外担保、 委托理财、关联交易、对外捐赠等事项； （八） 决定公司内部管理机构的设置； 第五条 董事会由9名董事组成，设董事长1人，可以设副董事长。董事长和副董事长由董 事会以全体董事的过半数选举产生。 公司独立董事人数占董 ...

证券代码：600616 证券简称：金枫酒业 公告编号：2025-016 上海金枫酒业股份有限公司 第十二届董事会第一次会议决议公告 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个别及连带责任。 一、《关于选举公司董事长的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票 选举祝勇先生为公司董事长，任期自董事会审议通过之日起 3 年。 二、《关于选举公司第十二届董事会专门委员会成员的议案》 表决结果：同意 9 票，反对 0 票，弃权 0 票 根据《公司章程》及董事会专门委员会相关实施细则的规定，选举公司第十 二届董事会专门委员会成员如下： 选举祝勇先生、徐莉莉女士、周颖女士、姚岳绒女士、魏春燕女士为公司第 十二届董事会战略与 ESG 委员会委员，选举祝勇先生为主任委员； 选举魏春燕女士、周颖女士、姚岳绒女士、邓含女士、吴杰先生为公司第十 二届董事会审计委员会委员，选举魏春燕女士为主任委员； 选举周颖女士、姚岳绒女士、魏春燕女士、毛严根先生、吴杰先生为公司第 十二届董事会提名委员会委员，选举周颖女士为主任委员； 选举姚岳绒女士、魏 ...

Core Viewpoint - The article emphasizes the importance of responsible drinking and the initiative "For Them, No Drunk Driving" launched by Pernod Ricard China to raise awareness about the dangers of drunk driving and promote safe drinking habits [1][3][9]. Group 1: Campaign Overview - The campaign "For Them, No Drunk Driving" is aimed at encouraging the public to reflect on the risks of drunk driving from various perspectives, including loved ones and pets [1][3]. - The initiative combines online and offline methods, including rational drinking education, drunk driving refusal plans, and the distribution of designated driver vouchers [1][3][4]. Group 2: Statistics and Impact - According to the World Health Organization, the number of deaths due to drunk driving globally reaches hundreds of thousands [3]. - In China, efforts to combat drunk driving include enhancing safety awareness among drinkers, reinforcing the mindset of "no drinking and driving," and encouraging restaurants to provide designated driver services [3][6]. Group 3: Historical Context and Future Plans - Since 2005, Pernod Ricard China has been actively involved in promoting responsible drinking through various campaigns [6][8]. - The company plans to continue its efforts by integrating innovative approaches, such as the "Internet+" concept and immersive VR experiences to educate consumers about the importance of sober driving [8][9]. Group 4: Corporate Responsibility - Pernod Ricard China positions itself as a responsible corporate citizen, balancing profit with social responsibility by advocating for safe drinking practices [9]. - The company has received recognition for its commitment to traffic safety, being awarded the title of "Shanghai Traffic Safety Public Welfare Partner" multiple times [9].

Core Viewpoint - The event in Chengdu marked the launch of the "China Low-Alcohol Trend Beverage Production Area" and the recognition of Qionglai as a distinctive low-alcohol beverage region, aiming to transform the fruit wine industry through technology and culture [1][2] Group 1: Industry Development - Qionglai has been awarded the title of "Sichuan Province Low-Alcohol Beverage Characteristic Production Area" by the Sichuan Wine and Fruit Wine Industry Association [1] - The city plans to host an annual China Low-Alcohol Beverage Industry Conference starting in 2026, bringing together industry elites to discuss the future of the low-alcohol beverage sector [1] - Qionglai will hold a "Trend Beverage Festival" every summer to create a new consumption landmark for young consumers through immersive wine tourism experiences [1] Group 2: Innovation and Collaboration - A roundtable discussion focused on developing the low-alcohol beverage industry, addressing research bottlenecks in fruit wine, and improving the industry chain [2] - Innovative products such as Qionglai's green plum wine and blueberry wine, which combine traditional brewing methods with biological fermentation technology, received significant attention from industry participants [2] - The launch of the Qionglai production area is seen as a "Chinese solution" for the transformation and upgrading of traditional liquor industries, showcasing China's innovative vitality and cultural confidence to the world [2]