一年一度的国庆黄金周即将到来，国内旅游热度再次飙升。作为四川人气旅游目的地之一，乐山凭 借"大佛名片+川味美食"成为无数游客的选择。然而，玩得尽兴是一方面，带点能吃能送的特产回家， 才是旅行的仪式感。那问题来了——国庆去乐山旅游，到底该带什么？ 很多人会说麻辣小吃、豆腐乳、钵钵鸡……但在一众特产中，有一个老字号被反复点名，那就是来自四 川的"赵鸭子"。这份历经几十年沉淀的川味记忆，不仅是乐山街头巷尾的熟悉味道，更是外地游客口 中"要带走的四川味道"。 为什么国庆旅游，乐山特产成了热门搜索？ 国庆长假期间，人们的旅游习惯有一个明显特点：既要玩得有趣，也要带得实在。相比单纯的观光游， 现代游客更愿意把"吃"和"买"融入行程，让旅行记忆不仅留在朋友圈照片里，也留在餐桌上。 尤其是乐山，除了世界文化遗产乐山大佛，这里还是四川美食的重要根据地。火辣的口味、地道的食 材，再加上"川人会吃"的灵魂，构成了四川特产的独特魅力。无论是作为伴手礼送人，还是自留慢慢回 味，乐山美食几乎满足了所有假期游客的期待。 国庆必带四川美食推荐：为什么大家都选赵鸭子？ 说到四川可带走的美食，为什么"赵鸭子"总被热推？答案其实很简单： 很多四川 ...

Group 1 - The 15th China International Trademark and Brand Festival opened in Taiyuan on September 6, focusing on "serving trademark brand construction projects and cultivating well-known Chinese trademark brands" with the theme "Inheritance, Transformation, Sharing" [1] - The festival featured two core activities: the "China Trademark Annual Conference" and the "China Brand Trademark Expo," attracting approximately 3,500 participants from various sectors, including the National Intellectual Property Administration and international organizations [1] - The Market Supervision Administration of Ya'an City received the "Outstanding Contribution Award," becoming the only city-level department in the country to achieve this honor in previous years [1] Group 2 - The Market Supervision Administration of Ya'an organized six enterprises and one association to showcase four major specialty industries, including Ya'an Tibetan Tea and Mengding Mountain Tea, under the theme "Inheritance, Transformation, Sharing" [3] - During the event, Ya'an's market supervision authority actively facilitated the exhibition and conducted various promotional activities, with products like pepper oil and vine pepper oil becoming popular gifts, successfully attracting numerous customers for tasting and experience [3] - The relevant official from Ya'an's Market Supervision Administration stated that winning the "Outstanding Contribution Award" at the 2025 China Brand Trademark Expo follows the previous year's gold awards for brands like "Hanyuan Pepper" and "Runzhao Caviar," highlighting the high standards of their exhibition and quality products [5]

Core Viewpoint - The company, Yao Mazi, is planning to list on the Beijing Stock Exchange after its recent listing on the New Third Board, aiming to leverage capital for product diversification and channel expansion amidst a competitive seasoning market [1][3]. Group 1: Company Overview - Yao Mazi, known for its pepper oil, has shown steady growth in recent years, with revenue increasing from 450 million yuan in 2022 to 625 million yuan in 2024, and net profit rising from approximately 81.16 million yuan to 157 million yuan during the same period [5]. - The company has a high dependency on a single product, with over 91% of its revenue coming from pepper oil, indicating potential risks associated with market saturation [5][6]. Group 2: IPO Journey - Yao Mazi's IPO journey has faced challenges, including a previous attempt to list on the Shenzhen Stock Exchange that was halted due to 43 feedback issues from the regulatory body [1][2]. - The company has recently submitted a listing application to the Beijing Stock Exchange, with a faster-than-expected timeline from its New Third Board listing to the current IPO preparation [2]. Group 3: Governance and Compliance Issues - The company has faced scrutiny over governance issues, particularly regarding related party transactions and transparency, which were highlighted during its previous IPO attempt [2][4]. - The family-controlled structure of Yao Mazi raises concerns about internal controls and the potential neglect of minority shareholders' interests [4]. Group 4: Market Position and Competition - Yao Mazi is positioned as a leader in the niche market of pepper oil, but it faces increasing competition from larger players like Jinlongyu and Haitian, who are entering the pepper oil segment [6][7]. - The company’s market penetration remains low outside its primary region, with less than 10% market share in Eastern and Northern China, indicating a slow national expansion [5]. Group 5: Future Strategies - To address its reliance on a single product, Yao Mazi has initiated a "Pepper+" strategy to diversify its offerings, although current revenue from new product lines remains minimal [6][7]. - The company aims to enhance its core competencies in R&D, smart manufacturing, and brand marketing to adapt to market challenges and consumer trends [7].

Core Viewpoint - The company Yao Mazi Food Co., Ltd. is attempting to go public again by submitting IPO materials to the Sichuan Securities Regulatory Bureau after previously withdrawing its application for the Shenzhen Stock Exchange main board in December 2023 [1][4]. Group 1: Company Background - Yao Mazi was established on March 20, 2008, with a registered capital of 132 million yuan [3]. - The controlling shareholder is Zhao Yuejun, who directly holds 30.92% of the company's shares [3]. - The company primarily operates in the food production industry and is currently listed on the National SME Share Transfer System with the stock code 874322 [3]. Group 2: IPO Journey - The IPO journey has faced challenges, including a shift from the initial plan to list on the ChiNext board to the Shenzhen main board, and ultimately a withdrawal of the application in December 2023 due to strategic adjustments [4]. - Following the withdrawal, the company and its intermediaries faced regulatory penalties for failing to adequately verify related party transactions [4]. Group 3: Financial Performance - In 2024, the company achieved a revenue of 625 million yuan, a year-on-year increase of 14.69%, and a net profit of 157 million yuan, which surged by 58.95% [6]. - The gross profit margin improved from 33.3% to 38.83% during the same period [6]. Group 4: Product Dependency and Market Competition - The company heavily relies on its flagship product, pepper oil, which accounted for 92.48% of its revenue in 2024 [6]. - The market for pepper oil in China is projected to grow from 1.67 billion yuan in 2022 to 3.56 billion yuan by 2027, with a compound annual growth rate of approximately 15%-20% [6]. Group 5: Governance and Risk Factors - Yao Mazi is a family-owned business, with the founding family holding 68.21% of the shares, which raises governance concerns [8]. - The company has faced 37 complaints related to product quality issues from early 2022 to August 2024, although it claims to have implemented corrective measures [9].

Core Viewpoint - The company, Yao Mazi Food Co., Ltd., is attempting to relaunch its IPO journey on the Beijing Stock Exchange after previously withdrawing its application for the Shenzhen Stock Exchange, despite showing strong revenue growth in its core product, pepper oil [1][3]. Company Overview - Yao Mazi was established in 2008 and focuses on the research, production, and sales of pepper oil, compound seasonings, and local specialty foods [1]. - The company has a significant market share in the pepper oil sector, holding approximately 27% in 2022 [1]. Financial Performance - Yao Mazi has shown consistent revenue growth from 2022 to 2024, with revenues of 450 million, 545 million, and 625 million yuan respectively, and net profits of approximately 81.16 million, 98.78 million, and 157 million yuan [4][5]. - The gross profit margins have also improved, standing at 32.34%, 33.3%, and 38.83% over the same period [4]. Product Dependency - The company heavily relies on its core product, pepper oil, which accounts for over 80% of its main business revenue [5][6]. - Despite attempts to diversify its product offerings, including developing new seasoning products, these efforts have not yet significantly impacted overall performance [5]. Ownership Structure - Yao Mazi is predominantly a family-owned business, with over 68% of shares held by a family of four, which may pose governance risks despite potential decision-making efficiencies [6][7]. - The company has faced scrutiny for inadequate disclosure of related party transactions, leading to regulatory penalties [7]. Competitive Landscape - The entry of major players like Haitian Flavoring and Jinlongyu into the pepper oil market has intensified competition, challenging Yao Mazi's market position [8]. - The company acknowledges the need for continuous innovation and brand marketing to maintain its market share amid rising competition [8].

登录新浪财经APP 搜索【信披】查看更多考评等级 每经记者｜陈晴 每经编辑｜文多 获绝味食品方面财务投资、一度有望成为"藤椒油第一股"，幺麻子食品股份有限公司（以下简称幺麻 子）在深交所主板IPO（首次公开募股）折戟一年多后，近日筹划北交所上市。 值得注意的是，在2023年12月终止审查后第八个月（即2024年8月），幺麻子仍因遗漏披露关联方收到 深交所监管函，这一"撤单后追责"的罕见情形引发市场关于公司内控合规性的一些质疑。 2025年8月6日，香颂资本董事沈萌接受《每日经济新闻》记者采访时分析称，监管层持续追责，意味着 相关问题或涉及重大事项，"如果没有彻底修正的话，同样会影响在北交所的IPO"。 上次申报创业板未果 幺麻子主营以藤椒油为核心的调味油、复合调味料和地方特色食品的研发、生产和销售。赵跃军、龚万 芬、赵麒、赵麟为公司共同实际控制人。其中，赵跃军、龚万芬系夫妻关系，赵麒、赵麟为二人之子。 早在2020年9月，幺麻子就向四川证监局提交辅导备案材料，目标板块为创业板。此后，公司改道深交 所主板。上述IPO申请于2023年3月获受理，至2023年12月底审核终止。 对于深交所主板上市审核终止事项，20 ...

Core Viewpoint - The company, Yao Mazi Food Co., Ltd., is attempting to go public again after previously withdrawing its application due to regulatory issues, including insufficient checks on related party transactions and unusual dealer cooperation times [1][2][4][10]. Group 1: IPO Journey - Yao Mazi submitted its IPO application to the Sichuan Securities Regulatory Bureau on August 4, 2025, aiming for a listing on the Beijing Stock Exchange [1]. - The company had previously aimed for a listing on the Shenzhen Stock Exchange but withdrew its application in December 2023, citing strategic adjustments [8]. - The company has engaged China International Capital Corporation (CICC) as its advisory firm for this IPO attempt [1][7]. Group 2: Regulatory Challenges - Yao Mazi and its intermediaries faced regulatory penalties due to inadequate checks on related party transactions and flaws in the verification of dealer customer visits [9][10][11]. - The company was penalized alongside CICC and other firms for failing to disclose related party transactions adequately in its prospectus [10][11]. Group 3: Financial Performance - In 2024, Yao Mazi reported a revenue of 625 million yuan, a year-on-year increase of 14.69%, and a net profit of 157 million yuan, up 58.95% [18]. - The gross profit margin improved from 33.3% to 38.83% during the same period [18]. - However, over 80% of the company's revenue is derived from a single product, pepper oil, indicating a significant reliance on this product [19]. Group 4: Customer and Dealer Relationships - The company reported sales of 12.99 million yuan to Guangzhou Jiu Xiang Food Co., Ltd. in 2024, despite the latter being established only in April 2023, raising questions about the legitimacy of such transactions [12][16]. - Several of Yao Mazi's top dealers were found to have been established after the commencement of their business relationships with the company, which contradicts standard business practices [16]. Group 5: Product Quality and Safety Issues - Yao Mazi has faced 37 complaints related to product quality issues from early 2022 to August 2024, including problems like hair in products and oil turbidity [21]. - The company has stated that it is taking corrective measures to address these complaints and improve its quality control processes [21][23]. Group 6: Recent Dividends - Recently, Yao Mazi distributed a cash dividend of 29.96 million yuan, with a payout of 2.27 yuan per share, benefiting its major shareholders significantly [23].

Core Viewpoint - Yao Mazi Food Co., Ltd. is planning to list on the Beijing Stock Exchange after failing to complete its IPO on the Shenzhen Stock Exchange, raising concerns about its internal control and compliance due to regulatory scrutiny following a withdrawal of its application [1][3][7]. Group 1: Company Background - Yao Mazi specializes in the research, production, and sales of seasoning oils, compound seasonings, and local specialty foods, with a focus on pepper oil [3]. - The company was co-founded by Zhao Yuejun, Gong Wanfen, Zhao Qi, and Zhao Lin, with Zhao Yuejun and Gong Wanfen being a married couple [3]. Group 2: IPO History - Yao Mazi submitted its IPO application to the Sichuan Securities Regulatory Bureau in September 2020, initially targeting the Growth Enterprise Market, but later switched to the Shenzhen Stock Exchange, where its application was accepted in March 2023 and subsequently terminated in December 2023 [3][7]. - The company cited "strategic planning adjustments and business development considerations" as the main reasons for withdrawing its application [3]. Group 3: Regulatory Issues - Eight months after the withdrawal, the Shenzhen Stock Exchange issued a regulatory letter to Yao Mazi and Zhao Qi for failing to disclose related party transactions, which raised questions about the company's compliance [1][6]. - Zhao Qi transferred 800,000 yuan to Peng Zhaoxiang without disclosing the relationship, leading to a warning from the Shenzhen Stock Exchange regarding the accuracy and completeness of the company's disclosure [5][6]. Group 4: Financial Performance - Yao Mazi reported revenue of 450 million yuan in 2022, 545 million yuan in 2023, and 625 million yuan in 2024, with a year-on-year growth of 14.69% in 2024 attributed to the recovery of consumer demand in the catering industry [8]. - The net profit attributable to shareholders was 81.16 million yuan in 2022, 98.78 million yuan in 2023, and 157 million yuan in 2024 [8]. Group 5: Future Prospects - The company has entered the counseling phase for its application to list on the Beijing Stock Exchange, with CICC as its counseling institution [7]. - Analysts express concerns that unresolved issues from the previous IPO attempt may impact the success of the new listing [7].

Core Viewpoint - The company Yao Mazi is attempting to go public on the Beijing Stock Exchange (BSE) after previously failing to list on the Shenzhen Stock Exchange (SSE), amidst increasing competition in the seasoning industry and challenges related to its revenue structure and regulatory history [1][4]. Group 1: IPO Journey - Yao Mazi's IPO journey began in 2020 when it submitted a counseling record to the Sichuan Securities Regulatory Bureau for a listing on the ChiNext board of the SSE [3]. - In December 2023, Yao Mazi voluntarily withdrew its IPO application for the SSE main board after nearly two years of review [4]. - The company has faced collective challenges with other consumer enterprises in the IPO process due to tightened policies and industry classification restrictions, leading many to withdraw their applications [4]. Group 2: Regulatory Issues - Yao Mazi has a history of regulatory scrutiny, having received penalties from the Shenzhen Stock Exchange for insufficient disclosure of related party transactions [2][4]. - The actual controller of Yao Mazi, Zhao Yujun, holds a significant 68.21% stake, which, while beneficial for decision-making efficiency, raises potential governance concerns [4]. Group 3: Financial Performance - In 2024, Yao Mazi reported revenue of 625 million yuan, a year-on-year increase of 14.69%, and a net profit of 157 million yuan, reflecting a 58.95% growth [7]. - The company’s net profit margin exceeded 25% in 2024, indicating strong profitability [7]. - However, over 80% of Yao Mazi's revenue is derived from its core product, pepper oil, highlighting a significant dependency on a single product line [8][10]. Group 4: Market Challenges - The market for pepper oil in China is projected to grow at a compound annual growth rate of 15% to 20%, reaching approximately 3.56 billion yuan by 2027, but the market ceiling poses challenges for Yao Mazi's growth [10]. - The company faces competition from larger brands like Haitian and Jinlongyu, which have entered the pepper oil market, leveraging their distribution and cost advantages [10]. - Yao Mazi's sales are heavily concentrated in the Sichuan and Chongqing regions, with about 90% of revenue coming from distribution channels, indicating limited geographic reach [10][11].

Core Viewpoint - The company Yao Mazi is attempting to go public on the Beijing Stock Exchange, aiming to become the first listed company in the pepper oil sector, amidst increasing competition in the condiment industry [2][6]. Group 1: IPO Journey - Yao Mazi's IPO journey began in 2020 when it submitted a filing to the Sichuan Securities Regulatory Bureau for a listing on the Shenzhen Stock Exchange's Growth Enterprise Market. However, the company later shifted its strategy to apply for a listing on the main board of the Shenzhen Stock Exchange [8]. - After nearly two years of review, Yao Mazi withdrew its IPO application in December 2023, halting its main board listing process [8]. - The challenges faced by Yao Mazi reflect broader difficulties for consumer companies seeking to go public, as many have withdrawn their A-share applications due to tightened IPO policies and industry classification restrictions [10]. Group 2: Financial Performance - In 2024, Yao Mazi reported revenue of 625 million yuan, a year-on-year increase of 14.69%, and a net profit of 157 million yuan, up 58.95%, resulting in a net profit margin exceeding 25% [14][15]. - The company's revenue is heavily reliant on its core product, pepper oil, which contributes over 80% of its total revenue [15][17]. - From 2021 to 2024, Yao Mazi's revenue figures were 462 million yuan, 450 million yuan, 545 million yuan, and 625 million yuan, respectively, indicating a consistent dependency on pepper oil [15]. Group 3: Market Challenges - The market for pepper oil in China is projected to grow at a compound annual growth rate of approximately 15% to 20%, with an expected market size of 3.56 billion yuan by 2027. However, the market ceiling poses a challenge for Yao Mazi, necessitating product line expansion to sustain growth [17]. - The company faces competition from larger condiment firms like Haitian and Jinlongyu, which have begun offering pepper oil products, leveraging their distribution and cost advantages [17]. - Yao Mazi's sales are primarily concentrated in the Sichuan and Chongqing regions, with about 90% of its revenue coming from distribution channels [17][18].