1月7日，巴比食品盘中上涨2.03%，截至09:48，报31.70元/股，成交3911.28万元，换手率0.53%，总市 值75.94亿元。 巴比食品所属申万行业为：食品饮料-食品加工-预加工食品。所属概念板块包括：养老金概念、电子商 务、增持回购、小盘、首发经济等。 巴比食品今年以来股价涨1.21%，近5个交易日涨8.45%，近20日涨19.08%，近60日涨24.31%。 分红方面，巴比食品A股上市后累计派现4.76亿元。近三年，累计派现3.72亿元。 资料显示，中饮巴比食品股份有限公司位于上海市松江区车墩镇茸江路785号，成立日期2010年7月8 日，上市日期2020年10月12日，公司主营业务涉及中式面点速冻食品的研发、生产与销售。主营业务收 入构成为：食品类90.39%，包装物及辅料6.17%，服务类3.34%，其他(补充)0.10%。 责任编辑：小浪快报 截至10月31日，巴比食品股东户数1.20万，较上期减少2.87%；人均流通股19963股，较上期增加 2.96%。2025年1月-9月，巴比食品实现营业收入13.56亿元，同比增长12.05%；归母净利润2.01亿元，同 比增长3.51%。 资 ...

截至10月31日，巴比食品股东户数1.20万，较上期减少2.87%；人均流通股19963股，较上期增加 2.96%。2025年1月-9月，巴比食品实现营业收入13.56亿元，同比增长12.05%；归母净利润2.01亿元，同 比增长3.51%。 分红方面，巴比食品A股上市后累计派现4.76亿元。近三年，累计派现3.72亿元。 责任编辑：小浪快报 资金流向方面，主力资金净流出72.10万元，大单买入772.98万元，占比12.95%，卖出845.08万元，占比 14.15%。 巴比食品今年以来股价涨76.87%，近5个交易日涨7.10%，近20日涨7.49%，近60日涨28.04%。 资料显示，中饮巴比食品股份有限公司位于上海市松江区车墩镇茸江路785号，成立日期2010年7月8 日，上市日期2020年10月12日，公司主营业务涉及中式面点速冻食品的研发、生产与销售。主营业务收 入构成为：食品类90.39%，包装物及辅料6.17%，服务类3.34%，其他(补充)0.10%。 巴比食品所属申万行业为：食品饮料-食品加工-预加工食品。所属概念板块包括：预制菜、宠物经济、 电子商务、养老金概念、小盘等。 12月19日， ...

截至9月30日，安井食品股东户数6.32万，较上期增加78.56%；人均流通股4641股，较上期减少 43.98%。2025年1月-9月，安井食品实现营业收入113.71亿元，同比增长2.66%；归母净利润9.49亿元， 同比减少9.35%。 分红方面，安井食品A股上市后累计派现32.19亿元。近三年，累计派现25.21亿元。 机构持仓方面，截止2025年9月30日，安井食品十大流通股东中，香港中央结算有限公司位居第四大流 通股东，持股540.10万股，相比上期减少653.91万股。中庚价值先锋股票（012930）位居第八大流通股 东，持股430.55万股，相比上期减少11.35万股。南方中证500ETF（510500）退出十大流通股东之列。 责任编辑：小浪快报 资金流向方面，主力资金净流入597.67万元，特大单买入2143.73万元，占比7.32%，卖出1798.91万元， 占比6.15%；大单买入7396.10万元，占比25.27%，卖出7143.26万元，占比24.41%。 安井食品今年以来股价涨6.89%，近5个交易日涨5.17%，近20日涨6.30%，近60日涨16.20%。 资料显示，安井食品集 ...

12月18日，五芳斋盘中上涨2.10%，截至10:14，报16.98元/股，成交1979.92万元，换手率0.60%，总市 值33.46亿元。 资金流向方面，主力资金净流出37.93万元，大单买入212.15万元，占比10.72%，卖出250.08万元，占比 12.63%。 五芳斋今年以来股价跌5.20%，近5个交易日涨3.54%，近20日跌2.69%，近60日跌7.06%。 资料显示，浙江五芳斋实业股份有限公司位于浙江省嘉兴市秀洲区新城街道木桥港路677号兴耀商务广 场1幢，成立日期1998年4月27日，上市日期2022年8月31日，公司主营业务涉及以糯米食品为主导的食 品研发、生产和销售。主营业务收入构成为：粽子系列81.88%，蛋制品、糕点及其他11.56%，餐食系 列4.36%，其他(补充)2.20%。 责任编辑：小浪快报 五芳斋所属申万行业为：食品饮料-食品加工-预加工食品。所属概念板块包括：预制菜、电子商务、微 盘股、小盘、虚拟数字人等。 截至9月30日，五芳斋股东户数1.55万，较上期减少7.09%；人均流通股12628股，较上期增加73.10%。 2025年1月-9月，五芳斋实现营业收入19. ...

Investment Rating - The industry investment rating is "Positive" [2][63]. Core Insights - The food and beverage industry has shown slight growth but underperformed compared to the CSI 300 index, with significant differentiation in sub-sectors. Pre-processed foods and emerging categories are leading the growth, while the liquor sector is under pressure. The stability in raw material prices, along with technological breakthroughs and policy support, is driving industry upgrades. The upcoming consumption peak and supply optimization enhance growth certainty. It is recommended to focus on leading companies in niche segments and those benefiting from technological innovations [2][4][60]. Summary by Sections Industry Performance - During the week of November 24-30, 2025, the A-share major indices showed a slight upward trend, with the SW Food and Beverage Index rising by 0.07%, ranking 28th among the first-level industries and underperforming the CSI 300 by 1.57 percentage points. Pre-processed foods (+5.64%) and snacks (+2.88%) led the sub-sector performance, while liquor and beer experienced slight adjustments [4][11]. Raw Material Data Tracking - As of November 28, 2025, the average prices for various raw materials showed mixed trends. For grains, corn prices increased by 2.17% to 2329.8 CNY/ton, while wheat prices rose by 0.10% to 2507.28 CNY/ton. Vegetable and fruit prices also saw slight increases, with average wholesale prices for vegetables at 5.79 CNY/kg (+1.94%) and fruits at 7.22 CNY/kg (+1.83%) [22][25]. Key Industry Data Tracking - In the liquor sector, high-end product prices are showing a mixed trend, with some premium products experiencing price corrections. For instance, the reference wholesale price for Feitian Moutai decreased by 4.24% to 1580 CNY/bottle. In the meat sector, the average price for pork was 22.86 CNY/kg, down by 0.70% [35][37][38]. Industry and Company News - Significant advancements in the domestic production of lactoferrin, a key ingredient in infant formula, have been achieved, reducing reliance on imports. This breakthrough is expected to enhance the domestic high-end dairy product supply chain [44][45]. Additionally, the release of the first intelligent brewing standard for liquor in Yibin marks a shift towards scientific brewing practices in the industry [54]. Investment Recommendations - The report suggests focusing on high-growth sub-sectors, technological and policy benefits, and valuation attractiveness. Pre-processed foods and snacks are expected to benefit from rising consumer demand and the upcoming peak season. The dairy sector is also poised for growth due to domestic innovations, while the liquor sector, despite short-term pressures, remains a long-term investment opportunity [60].

12月2日，巴比食品盘中上涨2.10%，截至13:02，报28.18元/股，成交5777.00万元，换手率0.88%，总市 值67.51亿元。 资金流向方面，主力资金净流出103.96万元，特大单买入130.58万元，占比2.26%，卖出0.00元，占比 0.00%；大单买入549.49万元，占比9.51%，卖出784.03万元，占比13.57%。 巴比食品今年以来股价涨71.10%，近5个交易日跌0.60%，近20日涨2.73%，近60日涨17.03%。 资料显示，中饮巴比食品股份有限公司位于上海市松江区车墩镇茸江路785号，成立日期2010年7月8 日，上市日期2020年10月12日，公司主营业务涉及中式面点速冻食品的研发、生产与销售。主营业务收 入构成为：食品类90.39%，包装物及辅料6.17%，服务类3.34%，其他(补充)0.10%。 巴比食品所属申万行业为：食品饮料-食品加工-预加工食品。所属概念板块包括：预制菜、小盘、电子 商务、宠物经济、养老金概念等。 截至10月31日，巴比食品股东户数1.20万，较上期减少2.87%；人均流通股19963股，较上期增加 2.96%。2025年1月-9月，巴 ...

12月2日，三全食品盘中上涨2.15%，截至13:04，报11.87元/股，成交5822.20万元，换手率0.79%，总市 值104.36亿元。 资金流向方面，主力资金净流入134.24万元，特大单买入181.37万元，占比3.12%，卖出0.00元，占比 0.00%；大单买入686.08万元，占比11.78%，卖出733.21万元，占比12.59%。 三全食品今年以来股价涨1.45%，近5个交易日涨3.85%，近20日涨4.21%，近60日涨3.94%。 资料显示，三全食品股份有限公司位于河南省郑州市综合投资区长兴路中段，成立日期2001年6月28 日，上市日期2008年2月20日，公司主营业务涉及家庭用速冻食品与餐饮业务用速冻食品以及冷藏、常 温方便食品的生产和销售。主营业务收入构成为：速冻面米制品86.73%，速冻调制食品11.05%，冷藏 及短保类1.23%，其他(补充)0.99%。 三全食品所属申万行业为：食品饮料-食品加工-预加工食品。所属概念板块包括：预制菜、新零售、中 盘、融资融券、MSCI中国等。 截至9月30日，三全食品股东户数4.40万，较上期减少1.48%；人均流通股14319股，较上 ...

Core Viewpoint - The food and beverage index in November shows continued recovery, outperforming the broader market due to a shift in market style and a positive CPI growth rate, with pre-processed foods, baked goods, and dairy products leading the gains [1] Group 1: Market Trends - The food and beverage sector experienced a 0.8% increase in November, with an excess return of 3.1% compared to the Wind All A index, ranking 11th among 31 sub-industries [4] - Five out of ten sub-sectors achieved positive monthly returns, with pre-processed foods, dairy, and baked goods showing significant increases of +9.1%, +6.6%, and +4.2% respectively [4] Group 2: Investment Opportunities - The report highlights opportunities in the retail and dining supply chain, with a focus on developing private labels in supermarkets, which could see a growth potential of 2-3 times, translating to a market increment of approximately 100 billion [2] - The dining channel is expected to recover as competition stabilizes, with pre-processed food net profit growth showing improvement in Q3 2025, driven by the easing of price competition and the gradual lifting of alcohol bans [2] Group 3: Price Tracking - As of November 30, 2025, the price of premium liquor has decreased compared to the previous month and year, with specific prices for various brands noted [3] - Packaging material prices have shown mixed trends, with glass and PET prices down year-on-year, while aluminum and cardboard prices have increased [3] - Raw material prices for sugar, flour, palm oil, and pork have decreased significantly year-on-year, while quail eggs and soybean prices have increased [3]

Core Viewpoint - Huifa Food's stock has shown significant growth this year, with a notable increase in trading activity and a positive trend in share price over various time frames [1][2]. Group 1: Stock Performance - As of November 28, Huifa Food's stock price increased by 2.31% to 13.27 CNY per share, with a trading volume of 1.07 billion CNY and a turnover rate of 3.42%, resulting in a total market capitalization of 3.216 billion CNY [1]. - Year-to-date, Huifa Food's stock price has risen by 13.61%, with a 7.54% increase over the last five trading days, 17.23% over the last 20 days, and 35.41% over the last 60 days [1]. - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on March 5, where it recorded a net purchase of 2.6524 million CNY [1]. Group 2: Business Overview - Huifa Food, established on February 2, 2005, and listed on June 13, 2017, is located in Zhucheng, Shandong Province, specializing in the research, production, and sales of frozen food products, including various types of prepared dishes [2]. - The company's revenue composition includes: supply chain (29.40%), meatballs (23.34%), fried products (16.95%), Chinese dishes (9.92%), sausage products (9.59%), skewers (6.48%), other categories (3.53%), and catering (0.78%) [2]. - Huifa Food operates within the food and beverage industry, specifically in food processing and pre-processed foods, and is associated with concepts such as prepared dishes, small-cap stocks, community group buying, e-commerce, and QFII holdings [2]. Group 3: Financial Performance - For the period from January to September 2025, Huifa Food reported a revenue of 1.064 billion CNY, reflecting a year-on-year decrease of 18.31%, while the net profit attributable to shareholders was -39.217 million CNY, down 38.85% year-on-year [2]. - Since its A-share listing, Huifa Food has distributed a total of 73.8826 million CNY in dividends, with 4.8928 million CNY distributed over the past three years [3].

Group 1 - The core viewpoint of the news is that Anjuke Foods has shown a positive stock performance with a 4.21% increase year-to-date and a significant rise in recent trading days, indicating investor interest and market confidence [1][3]. - As of November 28, Anjuke Foods' stock price reached 81.39 yuan per share, with a market capitalization of 27.126 billion yuan and a trading volume of 1.11 billion yuan [1]. - The company has experienced a net inflow of main funds amounting to 5.674 million yuan, with large orders contributing significantly to the buying activity [1]. Group 2 - Anjuke Foods, established on December 24, 2001, and listed on February 22, 2017, specializes in the research, production, and sales of frozen foods, including various types of fish balls and frozen dishes [2]. - The company's revenue composition includes 49.43% from frozen prepared foods, 31.77% from frozen dishes, and 16.32% from frozen noodle and rice products, indicating a diverse product range [2]. - Anjuke Foods operates primarily in the domestic and overseas markets, with its industry classification under food and beverage processing [2]. Group 3 - As of September 30, the number of shareholders for Anjuke Foods increased to 63,200, reflecting a 78.56% rise, while the average circulating shares per person decreased by 43.98% [3]. - For the period from January to September 2025, Anjuke Foods reported a revenue of 11.371 billion yuan, marking a year-on-year growth of 2.66%, while the net profit attributable to shareholders decreased by 9.35% to 949 million yuan [3]. Group 4 - Anjuke Foods has distributed a total of 3.219 billion yuan in dividends since its A-share listing, with 2.521 billion yuan distributed over the past three years [4]. - As of September 30, 2025, the largest circulating shareholder is Hong Kong Central Clearing Limited, holding 5.401 million shares, which is a decrease of 6.5391 million shares from the previous period [4].