（编辑 李家琪） 证券日报网讯 9月4日晚间，甘源食品发布公告称，2025年半年度利润分配方案为：以公司现有总股本 93，215，831股，扣除回购股份后的股本总数91，609，959股为基数，向全体股东每10股派发现金红利 5.80元（含税），拟派发现金红利53，133，776.22元（含税）。股权登记日为2025年9月11日，除权除 息日为2025年9月12日。 ...

证券日报网讯9月4日晚间，双塔食品（002481）发布公告称，截至2025年9月3日，公司通过股份回购专 用证券账户以集中竞价交易方式累计回购股份数量为13，591，599股，约占公司总股本的1.10%。 ...

格隆汇9月4日丨五芳斋(603237.SH)公布，2025年9月1日-2025年9月4日，公司通过上海证券交易所交易 系统以集中竞价交易方式实施了回购。回购的股份数量为406,600股，占公司当前总股本的比例为 0.2063%，成交最高价为18.00元/股，成交最低价为17.39元/股，已支付的资金总额为人民币7,248,848.00 元（不含交易费用）。本次回购符合法律法规的有关规定和公司回购股份方案的要求。 ...

谈及对生猪板块成本下降的关键措施等，克明食品称，公司通过以下措施降低成本：加强生猪育肥健康 管理，降低死淘和药品成本，提高日增重；优化饲料配合，降低饲料成本；持续做好育种管理，稳定猪 群高品质发展；在育种与疾病防控方面，投入研发力量。公司将在以上方面继续深耕，持续降低成本。 近日，克明食品发布投资者关系活动记录表，当中披露，面对营业收入下降与销量下滑等问题，克明食 品表示，报告期内公司销量下滑主要受市场需求下降的影响。在产品研发方面，公司积极响应居民健康 饮食行动，扩大荞麦粉、全麦粉在产品中的应用；在产品竞争方面，公司将持续深耕高端挂面产品，保 障软弹面、手延面品质稳定且逐渐降本增效，并对软弹挂面口感影响因素进行深度挖掘，建立软弹挂面 竞争壁垒；在渠道拓展方面，巩固原有优势渠道的同时推进C类小店和批发市场下沉，积极拓展批发市 场、餐饮渠道、商超OEM、企事业单位等新渠道。 （企业公告） ...

Core Viewpoint - Fuling Zhacai (002507) conducted an investor relations activity from September 2 to 3, 2025, engaging with 57 institutions including China International Capital Corporation, focusing on new product strategies, market adaptations, and financial management [1] Group 1: Investor Relations Activity Details - The investor relations activity included various formats such as telephone conferences, on-site discussions, and online meetings [1] - The event was attended by key company personnel including the board secretary and the vice president [1] Group 2: New Product and Cost Strategy - The company is investing in new product launches and is implementing a "targeted explosion" strategy to balance sales volume with cost efficiency, avoiding sacrificing profits for revenue growth [1] - The acquisition of Weizimei is expected to enhance the product matrix and facilitate entry into the compound seasoning market, leveraging synergies between restaurant and household channels [1] Group 3: Production and Supply Chain Adjustments - Due to changes in consumer demand, the company is reducing some conventional pickled vegetable production lines while increasing the production capacity for multi-specification products and sauces [1] - The company maintains a "payment before delivery" model for regular distributors, adjusting credit limits for long-term partners facing financial pressures [1] Group 4: Cost Structure and Inventory Management - The company's cost structure remains stable at around 40%, with packaging materials accounting for 20%, labor 13%, and other manufacturing costs 20% [1] - Inventory levels have increased due to the acquisition of over 400,000 tons of raw materials, which is sufficient to meet demand until mid-next year [1] Group 5: Market Positioning and Export Plans - The company primarily collaborates with chain restaurants and high-end hotels, positioning its products in the mid-to-high-end market to meet food safety and quality demands [1] - Export revenue has shown single-digit natural growth in recent years, with plans to establish a team to connect with overseas distributors, primarily targeting Chinese consumers [1] Group 6: Challenges and Strategic Responses - The company faces challenges from changing consumer preferences and increased competition in the condiment market, prompting a strategy to expand product categories and accelerate new product development [1] - The company is actively exploring acquisition opportunities to expand its product offerings and plans to implement consumer-friendly pricing strategies [1]

（记者 张喜威） 免责声明：本文内容与数据仅供参考，不构成投资建议，使用前核实。据此操作，风险自担。 每日经济新闻 每经讯，2025年9月4日，北交所上市公司盖世食品（836826，收盘价：15.36元）登上龙虎榜，交易方式是连续竞价，披露原因 是当日换手率达到43.43%，成交数量2613.56万股，成交金额3.85亿元。买一席位为机构专用，买入853.07万元；卖一席位为国 金证券股份有限公司深圳分公司，卖出915.66万元。 | | 2025-09-04盖世食品(836826) 龙虎榜 | | | | --- | --- | --- | --- | | 序号 | 交易营业部名称 | 买入金额(元) | 卖出金额(元) | | ਜੇਟ ਹ | 机构专用 | 8530741.23 | 3463049.88 | | 买2 | 海通证券股份有限公司南京常府街营业部 | 5703886.11 | 6668675.04 | | 买3 | 国信证券股份有限公司深圳红岭中路证券营业部 | 4849145.37 | 7444599.81 | | द्र 4 | 招商证券股份有限公司北京光明路证券营业部 | 4574310 ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 836826 | 盖世食品 | 15.36 | 16.36% | 26.14万 | | 3.85亿 | | 603536 | 惠发食品 | 10.78 | 10.00% | 24.65万 | | 2.57亿 | | 603237 | 五芳斋 | 18.63 | 6.76% | 14.89万 | | 2.73亿 | | 002702 | 海欣食品 | 4.49 | 4.42% | - 44.13万 | | 1.97亿 | | 833429 | 康比特 | 20.97 | 4.12% | 5.34万 | | 1.12亿 | | 000639 | 西王食品 | 3.32 | 3.75% | 95.02万 | | 3.14亿 | | 605089 | 味知香 | 27.25 | 3.73% | 2.59万 | | 6982.42万 | | 605567 | 春雪食品 | 10.33 | 3.30% | 7.66万 | | 7908.28万 ...

Investment Rating - The investment rating for the company is "Buy" and is maintained [6] Core Viewpoints - The company reported a total revenue of 1.313 billion yuan for H1 2025, reflecting a year-on-year increase of 0.51%. However, the net profit attributable to the parent company was 441 million yuan, down 1.66% year-on-year [2][4] - In Q2 2025, the company achieved a total revenue of 600 million yuan, which is a year-on-year increase of 7.59%. The net profit attributable to the parent company was 168 million yuan, a decrease of 4.59% year-on-year [2][4] - The company is focusing on marketing and optimizing its distributor network, which is expected to enhance operational efficiency and support new product launches [11] Summary by Sections Financial Performance - For H1 2025, the company generated total revenue of 1.313 billion yuan, with a net profit of 441 million yuan and a non-recurring net profit of 415 million yuan [2][4] - In Q2 2025, total revenue reached 600 million yuan, with a net profit of 168 million yuan and a non-recurring net profit of 158 million yuan [2][4] Business Segments - The company's revenue from pickled vegetables was 1.123 billion yuan in H1 2025, up 0.45% year-on-year. The revenue from radish products was 33 million yuan, up 38.35% year-on-year, while the revenue from pickled cabbage was 119 million yuan, down 8.37% year-on-year [11] - The new radish products, particularly the Hema dried radish series, significantly boosted sales, leading to a 54.28% increase in the radish business [11] Marketing and Distribution - The company is actively investing in marketing and optimizing its distribution channels, with direct sales revenue of 7.4 million yuan in H1 2025, an increase of 11.13% year-on-year, while distributor revenue was 1.237 billion yuan, a slight decrease of 0.08% [11] - As of the end of H1 2025, the number of distributors was 2,446, a decrease of 186 from the end of 2024, but the average sales per distributor improved [11] Future Outlook - The company is accelerating new product launches and is expected to continue this trend into H2 2025. The forecasted net profits for 2025, 2026, and 2027 are 815 million yuan, 962 million yuan, and 1.047 billion yuan, respectively, with corresponding EPS of 0.71, 0.83, and 0.91 yuan [11]

华福证券研报指出，天味食品上半年归母净利润1.90亿元，同比-23.01%；25Q2公司归母净利润1.15亿元，同比+62.72%。Q2经营业绩反弹，逐步恢复盈利能力。成本优化、费用改善驱动公 ...

千味央厨(001215) 报告日期：2025 年 09 月 04 日 大客户表现稳定，新零售渠道发力 ——千味央厨 25 年中报点评 事件 25H1 公司实现营业收入 8.9 亿元（同比-0.7%，下同）；归母净利润 0.4 亿元 （-39.7%）；扣非归母净利润 0.3 亿元（-41.9%）。25Q2 公司实现营业收入 4.2 亿 元（-3.1%）；归母净利润 0.1 亿元(-42.0%)；扣非归母净利润 0.1 亿元(-47.6%）。 投资要点 ❑ 25H1 烘焙、菜肴收入同比正增长，新零售收入增速亮眼 分品类：25H1 分别占比 47%、22%的主食类、小食类产品分别实现收入 4.1、2.0 亿元，同比下滑 9.1%、6.6%。收入下滑主因市场竞争及产品生命周期影 响下，主食油条、象形面点、八宝饭等主食，以及地瓜丸、芝麻球、饼类等小食 正在更新迭代，而新品处于上市初期，市占率尚不及传统产品，导致该品类整体 销售收入下滑。 25H1 分别占比 23%、7%的烘焙甜品类、冷冻调理菜肴类及其他品类分别实 现收入 2.1、0.7 亿元，同比增加 11.0%、67.3%。烘焙甜品类增加主要得益于产 品结构的调整， ...