Financial Performance - The company achieved a revenue of 1.124 billion CNY and a net profit of 112 million CNY in the first half of 2025 [2] - Key product categories such as leisure fish products and bean products showed stable growth, while poultry products faced challenges due to industry demand fluctuations and channel changes [2] Product Development - The company is focusing on upgrading its quail egg products to "antibiotic-free" versions to enhance quality-price ratio and expand market reach [3] - The konjac product line generated 79 million CNY in revenue last year, becoming a "billion-level" product, with ongoing R&D efforts to enhance competitiveness [3] Channel Strategy - The snack specialty channel has seen rapid growth, with plans for deeper cooperation and product adaptation to meet channel needs [4] - The company is actively pursuing partnerships with membership stores, developing new product forms tailored to this channel [4] Strategic Adjustments - The company will maintain its focus on healthy and tasty snacks, shifting its strategy to prioritize channel development and deeper cooperation with partners [5] - Emphasis will be placed on adapting products to various channel characteristics to ensure sustainable growth [5]

劲仔食品 20250827 摘要 劲仔食品 2025 年上半年营收受多重因素影响承压，但直营渠道和海外 市场表现亮眼，分别增长超过 29%和 40%，显示出公司在渠道多元化 方面的积极成效。 公司持续加大研发投入，上半年投入 2,580 万元，同比增长约 18%， 推出麻酱素毛肚等新品。休闲鱼制品营收 7.57 亿元，同比增长 7.61%，稳居品类第一，豆制品营收 1.15 亿元，同比略增 3.61%，毛 利率提升 1.53%。 劲仔食品加大品牌推广力度，冠名《新说唱》等活动，品牌费用略有增 长，为中长期增长蓄力。同时，公司中期再次分红，每 10 股派发现金 红利一元，总计 4,472 万元，增强投资者信心。 零售渠道表现强劲，上半年增速超过 50%，国际贸易市场增长 40%。 线上渠道整体略有下滑，但货架电商保持稳定。流通渠道受零食渠道冲 击明显，会员制商超进场计划受阻，影响业绩。 公司调整魔芋产品策略，推出金酱爆肚新口味，旨在提升消费者反馈并 巩固市场定位。未来将加快魔芋产品的市场拓展，确保利润和体量。 Q&A 劲仔食品 2025 年上半年的主要经营情况如何？ 2025 年上半年，劲仔食品实现营收 11. ...