转自：央视网微信公号 据"上海禁毒"介绍，咖啡因是一种天然的生物碱，茶叶中天生就有。 茶树植物"制造"咖啡因，是为了抵御虫害，帮助他们在自然界中生存。所有真茶（包含红茶、绿茶、乌龙茶、白茶等）都含有 咖啡因，只有少数纯花草茶（如玫瑰茶、菊花茶）才没有。茶叶干重中咖啡因含量其实更高（约2%-5%），比咖啡豆 （1%-2%）还多，只是泡茶时溶出较少，所以一杯茶的咖啡因通常没咖啡高。 附各种茶的咖啡因含量对比（约一杯200-250ml）： 红茶：25-110mg（平均40-50mg）；乌龙茶：12-55mg（平均30mg）；绿茶：8-30mg（平均20-30mg）；白茶/普洱：更低，约 10-20mg 适量摄入咖啡因能提神醒脑，但过量或长期大量摄入就会让人产生依赖，不喝就头痛、疲劳、烦躁、嗜睡……这其实是一种轻 度成瘾，医学上叫咖啡因依赖。 2 这些常见食物都含咖啡因 事实上，咖啡因存在于很多食品中，有时候含量还高于咖啡。 其中，巧克力及其制品是咖啡因的重要载体，其含量与可可浓度成正比。比如，可可含量≥70%的黑巧克力，每100克咖啡因含 量约为80毫克至120毫克，口感越苦的黑巧克力，咖啡因含量可能越高。牛奶巧克 ...

Core Viewpoint - The article clarifies that claims linking a certain milk tea brand to drug-like properties due to caffeine content are incorrect, emphasizing that caffeine is naturally occurring and regulated within safe limits [1][24]. Group 1: Caffeine Sources and Content - Caffeine is a natural alkaloid found in tea leaves, which contain 2%-5% caffeine by dry weight, higher than coffee beans at 1%-2% [3]. - The caffeine content in various teas (per 200-250ml serving) is as follows: black tea: 25-110mg (average 40-50mg), oolong tea: 12-55mg (average 30mg), green tea: 8-30mg (average 20-30mg), and white tea/Pu-erh: about 10-20mg [3]. - Tea and tea beverages are the primary sources of dietary caffeine for consumers in China, contributing 74.80% to adult caffeine intake, followed by milk tea and coffee [6]. Group 2: Health Implications of Caffeine - Moderate caffeine intake can enhance alertness, but excessive consumption may lead to dependence, characterized by withdrawal symptoms such as headaches and fatigue [4]. - The recommended safe caffeine intake is 400mg per day for healthy adults and approximately 175mg for individuals under 18 [12]. - For a 60kg adult, this translates to consuming 969g of liquid coffee or 1524g of liquid milk tea daily without exceeding safe caffeine levels [12]. Group 3: Caffeine in Milk Tea - Some milk tea brands use whole tea leaves instead of tea powder, resulting in caffeine content that can exceed that of coffee; for example, a 470ml serving can contain 90-160mg of caffeine [21]. - A typical latte contains about 100mg of caffeine, while an Americano has around 150mg, indicating that milk tea can sometimes deliver higher caffeine levels than these coffee drinks [23]. Group 4: Consumer Awareness and Regulation - The beverage industry is moving towards better transparency regarding caffeine content, with some brands adopting a "red-yellow-green light" system to indicate caffeine levels [21]. - The Chinese Tea Association plans to release standards for tea beverages, which will help consumers make informed choices about caffeine intake [21].

登录新浪财经APP 搜索【信披】查看更多考评等级 最近，针对部分网友称某奶茶品牌疑似擦边毒品的说法，上海市禁毒委员会办公室通过官方公众号澄 清，这种说法不正确。市场上饮品中的咖啡因来自天然原料或合规添加，有明确的安全标准限制，"抛 开剂量谈毒性都是耍流氓"。 咖啡因与毒品的边界在哪里？ 据"上海禁毒"介绍，咖啡因是一种天然的生物碱，茶叶中天生就有。 茶树植物"制造"咖啡因，是为了抵御虫害，帮助他们在自然界中生存。所有真茶（包含红茶、绿茶、乌 龙茶、白茶等）都含有咖啡因，只有少数纯花草茶（如玫瑰茶、菊花茶）才没有。 茶叶干重中咖啡因含量其实更高（约2%-5%），比咖啡豆（1%-2%）还多！只是泡茶时溶出较少，所以 一杯茶的咖啡因通常没咖啡高。 附各种茶的咖啡因含量对比（约一杯200-250ml）： 红茶：25-110mg（平均40-50mg） 乌龙茶：12-55mg（平均30mg） 绿茶：8-30mg（平均20-30mg） 白茶/普洱：更低，约10-20mg 适量摄入咖啡因能提神醒脑，但过量或长期大量摄入就会让人产生依赖，不喝就头痛、疲劳、烦躁、嗜 睡……这其实是一种轻度成瘾，医学上叫咖啡因依赖。 如果把咖啡因 ...

（来源：劳动午报） 转自：劳动午报 长期喝奶茶还有个隐性风险——升高血尿酸。市面上流行的饮料，包括各种碳酸饮品、奶茶以及功能性 饮料等，其中都含大量果糖。果糖是葡萄糖的同分异构体，也是唯一能产生尿酸的碳水化合物。一旦摄 入过多果糖，进入细胞的果糖经体内合成代谢最终分解为尿酸，促进内源性尿酸合成，同时果糖还可减 少尿酸排泄，导致高尿酸血症。 ...

消费者要如何识别与防范这类产品呢？首先要辨别这类违规食品的核心关键点，凡是出现"3天通便""7 天清肠""宿便排空""快速减肥""神奇排毒"等立竿见影的红线关键词，大概率存在非法添加问题，且健 康调理本就需要循序渐进，"速效"产品背后往往暗藏风险。 长沙晚报掌上长沙12月29日讯（全媒体记者 周辉霞）湖南省市场监管局近日发布消费提示指出，要警 惕"速效陷阱"！提示指出，各类宣称"清肠排毒""减肥通便"的功能性食品背后，非法添加番泻叶的乱象 暗流涌动，一些暗藏"隐形杀手"的产品，正以"天然草本""速效见效"为伪装，悄悄侵害着消费者的身体 健康。 "这款减肥茶销售得很好，是纯中药的。"在荷花路上一家药店里，工作人员了解到记者咨询减肥茶时， 推荐了保健食品货柜显眼处的一款黄色包装的商品。这款保健品上标明：保健功能为减肥。主要原料中 除了绿茶、金银花、决明子之外，还有番泻叶。 番泻叶是《中国药典》明确收录的中药材，核心活性成分为番泻苷A、B，属于强刺激性泻下物质。根 据国家相关规定，番泻叶仅能用于药品及合规保健食品，严禁添加到普通食品中。 消费提示指出，因为番泻叶成本低廉、"通便减肥"效果立竿见影，不少不法企业铤而走 ...

12月26日，以"新开局、新动能、新征程"为主题的"启航·2025金融峰会"在北京圆满举办，大会由金融 界主办，汇聚监管部门、行业协会、金融机构、上市公司、媒体等领域数百位相关领导和重磅嘉宾。会 上，第十四届金融界"金智奖"年度评选结果重磅揭晓，东鹏饮料荣获"投资价值上市公司"。 在盈利能力与资本回报层面，东鹏饮料表现同样亮眼。股价方面，2025年前三季度公司股价上涨 25.24%，展现出资本市场的良好预期；盈利指标持续优化，2023年前三季度至2025年前三季度，公司 加权ROE连续三年稳步上涨，分别为29.75%、37.45%、43.35%，同期总资产净利率ROA从12.5%提升至 16.13%，盈利质量持续提升。 对股东的丰厚回馈更是其投资价值的直接体现。自上市以来，东鹏饮料已累计进行7次分红，累计现金 分红金额达66亿元。其中，2025年半年度分红中，公司每股派发现金红利2.5元（含税），共计派发现 金红利13亿元，占当期归母净利润的比重达54.74%，以扎实的分红表现切实回馈投资者信任。 东鹏饮料的投资价值也获得专业机构的高度认可。海通国际研报指出，公司历来成长性好、ROE高，因 此享有高于行业的估 ...

人民财讯12月23日电，在今日由证券时报举办的"攻守之道：新消费高波动背后的定价逻辑重构"沙龙 上，景顺长城研究部基金经理张欢指出，2026年新消费投资或将往"两端"迁移：一是市场需求刚起步、 尚处于早期阶段的品类，包括新功效成分的保健品和口服养生品、医美创新材料、宠物保健品等；其次 是供给释放相对有序，甚至有望出清，供需相对平衡的品类，包括功能性饮料、低糖健康食饮、古法黄 金，以及零食量贩和高端美容服务(中小企业出清)等，其中优选成长确定性高的单品牌或平台型公司。 ...

Group 1 - The core viewpoint of the article highlights the accelerated rotation in the A-share market, with funds shifting from the previously leading technology sector to the defensive consumer sector, particularly the food and beverage industry, which is showing sustained investment value due to supply-demand improvements and favorable policies [1] Group 2 - Since November, the food processing and beverage manufacturing sectors have seen significant gains, with sub-sectors like prepared dishes and functional beverages performing actively [1] - The supporting logic includes October's financial data confirming signals of deposit migration, maintaining ample market liquidity, which attracts funds to the undervalued consumer sector [1] - Various regions have introduced consumption vouchers and dining subsidies, directly boosting terminal demand for food and beverages [1] - The trend of consumption upgrading is evident, with significant growth in health-oriented and premium products, driving structural optimization within the industry [1] Group 3 - Looking ahead, the year-end consumption peak effect is expected to continue, further amplifying the performance certainty advantage of the food and beverage sector [1] - Institutions generally believe the sector is currently in a "valuation + performance" recovery phase, with industry prosperity expected to steadily improve as prices rise and policies are implemented, making it a core focus for year-end market positioning [1] Group 4 - Relevant ETFs include the Food and Beverage ETF (515170) and the Consumer 30 ETF (510630) [1]

Financial Data and Key Metrics Changes - Net sales for Q3 2025 increased by 10% year over year to $12.9 million, with year-to-date sales up 15% to $36.5 million [3][12] - Gross profit for Q3 was $4.7 million, down 7% from the prior year, with gross margin contracting to 36.5% from 43% last year [5][14] - Net loss for Q3 was $1.0 million compared to a loss of $0.2 million in the prior year, primarily due to a $0.7 million impairment charge related to Picky Bars [16][18] Business Line Data and Key Metrics Changes - The wholesale channel saw net sales increase by 39% in Q3, contributing 53% of total net sales, while e-commerce sales declined by 1% year over year [4][13] - Excluding Picky Bars, net sales increased by 14% in Q3, indicating strong underlying fundamentals despite some softness in e-commerce [12][14] Market Data and Key Metrics Changes - The company reported strong consumer demand for core products like coffee creamers and functional beverages, aligning with healthier lifestyle trends [4][6] - E-commerce represented 47% of net sales in Q3, with a noted decline primarily in the direct-to-consumer platform [5][14] Company Strategy and Development Direction - The company is transitioning to a wholesale-led model, focusing on expanding distribution in grocery and club stores [4][6] - A new protein coffee product is set to launch, marking the company's first entry into the dairy market, which is significantly larger than the current plant-based market [8][49] - The decision to discontinue the Picky Bars brand aims to redirect investments towards the core Laird Superfood brand, which is believed to have the strongest potential for scale [9][18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's ability to navigate macroeconomic challenges and maintain double-digit growth [10][70] - The company is focused on optimizing its supply chain and managing costs to expand margins over time, despite commodity inflation [10][15] Other Important Information - The company recorded a $661,000 impairment charge related to Picky Bars intangible assets in Q3 [9][16] - Cash balance at the end of Q3 was $5.3 million with no debt, and the company expects to improve cash flows as inventory is sold [17][18] Q&A Session Summary Question: Impact of timing on guidance - Management confirmed that timing issues related to large wholesale customer orders affected both Q3 and Q4 results, but they do not foresee long-term impacts on business health [20][24] Question: Trends in limited time offer products - The company reported a successful year for pumpkin spice products, with strong sales despite a late start with key retailers [38][39] Question: Strategy for Amazon sales - The company aims to grow Amazon sales to replace lost DTC sales, focusing on maintaining competitive pricing and leveraging marketing strategies [40][43] Question: Future dairy product launches - Management confirmed plans to launch additional dairy products within the next 15 months, expanding their product line [54][55] Question: Tariff impacts - The company is assessing the dynamic situation regarding tariffs, with some key raw materials now excluded, and plans to maintain margins in the upper 30% range [64][65]

Financial Data and Key Metrics Changes - Net sales for Q3 2025 increased by 10% year over year to $12.9 million, with year-to-date sales up 15% to $36.5 million [4][16] - Gross profit for Q3 was $4.7 million, down 7% from the prior year, with gross margin contracting to 36.5% from 43% last year [6][18] - Net loss for Q3 was $1.0 million compared to a loss of $0.2 million in the prior year, primarily due to a $0.7 million impairment charge related to Picky Bars [20][22] Business Line Data and Key Metrics Changes - The wholesale channel saw net sales increase by 39% in Q3, contributing 53% of total net sales, while e-commerce sales declined by 1% year over year [5][18] - Excluding Picky Bars, net sales increased by 14% in Q3 [16] - E-commerce represented 47% of total net sales, with a decline attributed to softness in the direct-to-consumer platform [6][18] Market Data and Key Metrics Changes - The company reported strong consumer demand for core products like coffee creamers and functional beverages, aligning with healthier lifestyle trends [5][6] - The wholesale channel's growth reflects successful distribution expansion in grocery and club stores [4][5] Company Strategy and Development Direction - The company aims to transition to a wholesale-led model, focusing on expanding distribution and product innovation [5][10] - Plans to discontinue the Picky Bars brand to redirect investments towards the core Laird Superfood brand, which is expected to scale better [10][11] - New product launches include a protein coffee and improved liquid creamers, with a focus on premium functional ingredients [8][10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about navigating macroeconomic challenges, including commodity inflation and tariff impacts, while maintaining gross margins in the upper 30% range [19][22] - The company updated its full-year 2025 net sales growth expectation to approximately 15% [22] Other Important Information - The company recorded a $661,000 impairment charge related to Picky Bars intangible assets [10] - Inventory was reduced by over $1 million in Q3, with expectations for improved cash flows as inventory continues to convert to cash [12][21] Q&A Session Summary Question: Impact of timing on Q3 and Q4 results - Management confirmed that timing issues related to large wholesale customer orders affected both Q3 and Q4, but they do not foresee long-term impacts on business health [26][31] Question: Trends in limited-time offer products - The pumpkin spice creamer had a successful year, with early sellouts at retailers, indicating strong consumer interest [50][54] Question: Strategy for Amazon sales to replace lost DTC sales - The company plans to focus on Amazon for online growth, expecting DTC to play a marginal role as wholesale becomes the primary driver [57][60] Question: Launch strategy for new protein coffee - The protein coffee will be launched simultaneously online and in retail, supported by a comprehensive marketing campaign [66][68] Question: Future dairy product launches - Management anticipates launching additional dairy products within the next 15 months, expanding their product line [76][77] Question: Tariff impacts and club promotions - The company is assessing tariff impacts dynamically, with some key raw materials now excluded from tariffs, and plans to continue executing club strategies into next year [90][92]