登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：002234 证券简称：民和股份 公告编号：2026-001 山东民和牧业股份有限公司 2025年12月份鸡苗销售情况简报 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、2025年12月份商品代鸡苗销售情况 山东民和牧业股份有限公司（以下简称"公司"或"本公司"）2025年12月销售商品代鸡苗2,965.92万只， 同比变动65.22%，环比变动6.73%；销售收入10,298.67万元，同比变动53.09%，环比变动6.67%。 二、原因说明 公司商品代鸡苗销量同比上升65.22%，销售收入同比上升53.09%，主要原因是上年度停孵期集中在 2024年12月，此次停孵期处于2026年1月，因此12月商品代鸡苗销量和收入同比上升（停孵：系孵化厂 为避免毛鸡在春节假期出栏无法宰杀而提前避开生产的年度常规操作）。 三、特别提示 1、上述披露仅代表公司商品代鸡苗销售情况，其他业务的经营情况不包括在内。鸡苗产品销售价格变 动幅度和频次较大，其价格变动直接会对公司的经营业绩产生影响。 2、上述数据均未经审 ...

潍坊市市场监督管理局2025年食品安全抽检信息通告第6期 根据《中华人民共和国食品安全法》和市年度食品安全抽检计划，市市场监管局组织开展了第6期食品安全抽检工作。抽检的品种主要是全市范围内部分生 产企业、农贸市场、商场、超市、餐饮服务场所等生产经营的粮食加工品、肉制品、乳制品、方便食品、糕点、调味品、速冻食品、食用农产品等食品大 类。本阶段共抽取食品样品2448批次，根据食品安全国家标准检验和判定，其中合格样品2405批次，不合格样品43批次。 对抽检中发现的不合格产品，生产经营者所在地市场监管部门已责令企业查清产品流向，召回、下架不合格产品，控制风险，并分析原因进行整改，涉及的 不合格产品开展核查处置工作。 特别提示消费者，在购买到或在市场上发现通告中所涉不合格产品时，请拨打12345热线电话进行投诉或举报。 特此通告。 潍坊市市场监督管理局 2026年1月7日 ...

郑州种业博览会集品种推广、科普教育、观光休闲、生态体验于一体，吸引众多游客、商户。 本报记 者 王军方 摄 去年5月，习近平总书记在河南考察时强调，河南要着力建设现代化产业体系和农业强省，指出要 加强耕地保护和建设，扛牢粮食安全责任，延伸现代农业产业链条，以城乡融合发展带动乡村全面振 兴，促进城乡共同富裕。 近年来，智慧灌溉水肥机器人、植保无人机等越来越广泛应用在农田中，"农机云"平台、AI数字 人"郑惠农"、"农事问答—耘苗问"系统、AI数智化农业增产系统等为农业生产提供了全维度、立体化的 管理手段，在全市农业生产中发挥着重要作用。 "十四五"期间，"一中心两基地"（市农业科技创新中心、蔬菜科技示范基地、现代农业示范基地） 加快建设，全市农业领域科技型企业50余家，组建农业领域工程技术研究中心3家，重点实验室2家。同 时，种业振兴计划深入实施，累计获批农业部"育繁推一体化"认证企业7家，培育上市企业1家，全市种 业销售额连年增长，2024年达50亿元。 河南是农业大省，郑州是农业大省的省会。从"中原粮仓"到"农业强市"，从"脱贫攻坚"到"共同富 裕"，从扛稳粮食安全重任到推动乡村全面振兴，从加强农业科技创新 ...

智通财经APP获悉，太平洋证券发布研报称，2026年建议关注餐饮链低基数下的修复如速冻食品，速冻 食品行业恶性竞争趋缓盈利能力有望修复；在餐饮修复提振需求以及龙头寻求新品类机遇下，板块估值 较低有望迎来戴维斯双击；看好低价高频刚需品类茶饮和饮料板块，其次看好零食板块，零食内部看好 有新品或者新渠道加成的公司。 风险提示：宏观经济复苏不及预期；行业竞争加剧；食品安全风险。 中央经济工作会议定调明年将提振内需放在首位，期待后续更多政策出台带动需求回暖。2025年高端奢 侈品国内消费数据Q3略有起色，受益于股市财富效应头部富人群体消费有所改善。若后续房价企稳叠 加政策助推，大众消费有望迎来改善。2025年食品饮料板块收益率排名靠后，多数企业释放报表端压 力，量价压力凸显，估值水位和市场预期相对偏低，餐饮链整体承压。2026年该行建议关注餐饮链低基 数下的修复如速冻食品，速冻食品行业恶性竞争趋缓盈利能力有望修复，在餐饮修复提振需求以及龙头 寻求新品类机遇下，板块估值较低有望迎来戴维斯双击。以及看好低价高频刚需品类茶饮和饮料板块， 饮料龙头东鹏和农夫平台化能力凸显看好新品类持续扩张，茶饮龙头蜜雪和古茗扩店确定性强，份额 ...

新华财经郑州12月31日电 2025年即将收官。 回首这一年，河南资本市场铿锵前行，蹄疾步稳。出海、并购、上市、回购，动作频频。年终岁尾之 际，我们从五大维度，全面梳理河南资本市场的发展密码和无限活力。 河南企业走出去 2025年，世界百年变局加速演进，大国关系牵动国际形势，国际形势深刻影响国内发展。新形势下，中 国企业出海进程显著加速，其全球化布局进入更具战略性和系统性的新阶段。 趋势之下，河南上市公司也纷纷出海，尝试在新市场创造增量价值。 在这些出海的豫股当中，有公司选择通过巨额资本并购获取海外战略资源。12月16日，洛阳钼业发布公 告，其控股子公司拟以10.15亿美元的总对价，收购加拿大上市公司Equinox Gold Corp.位于巴西的多个 金矿项目100%权益。交易完成后，洛阳钼业的黄金年产量预计将增加8吨，进一步增强对全球贵金属定 价权的影响。 也有公司通过落地项目完成了自己的出海首秀。10月31日，城发环境匈牙利包尔绍德30兆瓦光伏发电项 目正式破土动工。这个位于欧洲腹地的能源项目不仅是河南省重大国际合作项目之一，也标志着城发环 境从中国本土的生态环境治理服务商，向全球绿色能源供应商迈出了关键 ...

Investment Rating - The report assigns an "Outperform" rating to multiple companies in the essential consumer goods sector, including Guizhou Moutai, Wuliangye, and Yili [1]. Core Insights - Downstream demand remains subdued, with modest fluctuations in costs across various consumer goods categories [1][34]. - The cost indices for six monitored consumer goods showed mixed trends, with soft drinks and instant noodles experiencing increases, while condiments, dairy products, frozen foods, and beer saw declines [34]. Cost Index Summary Beer - The spot cost index for beer decreased by 1.05% month-on-month, while the futures index increased by 0.88%. Year-to-date, the spot index has declined by 3.84% and the futures index by 7.87% [4][35]. - Glass prices fell by 1.9% month-on-month and 18.0% year-on-year, while aluminum prices showed mixed trends [12][35]. Condiments - The spot cost index for condiments dropped by 0.29% month-on-month, and the futures index fell by 0.47%. Year-to-date, the spot index has decreased by 3.95% and the futures index by 9.74% [16][36]. - Soybean prices showed a slight decrease in spot prices but an increase in futures prices [16][36]. Dairy Products - The spot cost index for dairy products decreased by 0.45% month-on-month, while the futures index increased by 0.39%. Year-to-date, the spot index has declined by 2.92% and the futures index by 4.19% [19][37]. - Raw milk prices remained stable at 3.03 yuan/kg, with supply pressures emerging due to cash flow issues in dairy farming [19][37]. Instant Noodles - The spot cost index for instant noodles rose by 0.49% month-on-month, while the futures index fell by 0.51%. Year-to-date, the spot index has decreased by 0.77% and the futures index by 7.05% [23][38]. - Palm oil prices showed a decline, impacting overall costs [23][38]. Frozen Foods - The spot cost index for frozen foods dropped by 0.54% month-on-month, and the futures index fell by 1.13%. Year-to-date, the spot index has decreased by 0.65% and the futures index by 2.42% [27][39]. - Vegetable prices experienced a month-on-month decline but a year-on-year increase, influenced by weather conditions affecting supply [27][39]. Soft Drinks - The spot cost index for soft drinks increased by 1.06% month-on-month, and the futures index rose by 0.99%. Year-to-date, the spot index has increased by 0.42% while the futures index has decreased by 10.18% [30][40]. - PET chip prices rose month-on-month, contributing to the cost increase in soft drinks [30][40].

| 市场数据 | | | | --- | --- | --- | | 指数名称 | 收盘 | 涨跌% | | 上证指数 | 3959.62 | 0.47 | | 深证成指 | 13531.41 | 0.33 | | 创业板指 | 3239.34 | 0.30 | | 科创 50 | 1349.06 | -0.23 | | 北证 50 | 1457.96 | 0.86 | | 沪深 300 | 4642.54 | 0.18 | 上证指数-沪深 300 走势图 -10% 0% 10% 20% 30% 2024-12 2025-03 2025-06 2025-09 上证指数 沪深300 | 袁闯 | 分析师 | | --- | --- | | 执业证书编号:S0530520010002 | | | yuanchuang@hnchasing.com | | | 胡跃才 | 分析师 | | 执业证书编号:S0530525070001 | | | huyuecai@hnchasing.com | | | 晨会聚焦 | | --- | | 一、财信研究观点 | | 【市场策略】市场情绪向好，大盘放量上涨 | | 【基金研究 ...

Core Viewpoint - Guangzhou Restaurant (603043) is positioned as a leader in Cantonese cuisine, aiming to innovate while preserving traditional culinary techniques, with a vision to become an internationally renowned dining group by its 100th anniversary in 2025 [1][6]. Group 1: Company Overview - Guangzhou Restaurant has evolved from a small eatery in 1935 to a large dining group with three major brands: Guangzhou Restaurant, Tao Tao Ju, and Li Kou Fu, all recognized as Chinese time-honored brands [1][2]. - The company has cultivated a rich heritage over 90 years, establishing a strong brand, talent pool, and management system, which includes seven generations of inheritors of Cantonese culinary heritage [2][3]. Group 2: Business Model and Strategy - The company operates under a dual business model of "Catering + Food," creating a synergistic relationship between its restaurant and food production segments, which enhances brand strength and operational efficiency [3][4]. - Guangzhou Restaurant has 27 direct-operated stores focusing on classic Cantonese cuisine and non-heritage culture, while Tao Tao Ju targets younger consumers with trendy offerings across 43 locations [4][5]. Group 3: Product Innovation and Market Expansion - The company has successfully maintained its position as the top producer of mooncakes in China for 13 consecutive years, with its sales ranking first globally for five years [4][5]. - To mitigate seasonal fluctuations in performance, the company is diversifying its product offerings by developing non-seasonal items such as frozen foods and prepared dishes, which are becoming significant profit drivers [5][6]. - Future plans include enhancing brand operations, expanding into new markets, and developing a localized international sales network, particularly in Southeast Asia and North America [6][7]. Group 4: Commitment to Innovation - Product innovation is central to the company's growth strategy, focusing on health-conscious options and integrating traditional culinary techniques with modern consumer preferences [7]. - The company aims to strengthen its technological capabilities through partnerships and research initiatives, ensuring a continuous pipeline of innovative products [7].

● 本报记者 万宇 协同为翼 "餐饮+食品"的双轮驱动 在相隔不远的上下九步行街上，始创于清光绪六年（1880年）的陶陶居，同样有着很高的人气。广州酒 家、陶陶居和始创于1938年的利口福同属于广州酒家集团，"三大中华老字号品牌深厚的粤菜文化底蕴 以及差异化产品与服务，构建起难以复制的品牌护城河。"徐伟兵说。 90年历史积淀、薪火相传，给广州酒家带来品牌、人才、管理机制三大宝贵财富。广州酒家集团已培育 七代粤菜非遗技艺传承人，形成完整的人才梯队。传承人团队打造了"民国粤味宴""南越王宴""五朝 宴""满汉大全筵"四大文化宴席，并创新推出"羊城花宴""岭南红棉宴"等特色宴席，将粤菜烹饪技艺与 岭南历史文化深度融合。截至目前，集团是5项非遗项目的保护单位，成功申报4名市级非遗项目代表性 传承人，成为粤菜技艺活态传承的核心阵地。 90年经久不衰、历久弥新，不仅依赖广州酒家精益求精的匠人精神和争当领头羊的过人厨艺，也与集团 敢为人先的创新精神和与时俱进的管理机制密不可分。1986年，广州酒家引领行业之先，在广州恩宁路 开设餐饮连锁店，开创了国内餐饮酒家连锁经营的先河；1998年，广州酒家集团成立利口福食品公司， 奠定 ...

Summary of Key Points from the Conference Call Industry Overview - The food and beverage industry is experiencing systemic opportunities driven by policies aimed at expanding domestic demand and increasing residents' income levels, which are expected to enhance consumption capabilities [1][2] - The liquor industry is undergoing a deep adjustment, with expectations of entering an EPS killing phase by 2025, while high-end liquor brands like Moutai and Lao Jiao are recommended for investment [1][4] - The dairy industry has completed supply-demand adjustments, with anticipated increases in demand for milk powder and liquid milk due to fertility and income policies, highlighting companies like Yili and New Dairy as potential recovery opportunities [1][5] - The snack food sector is benefiting from the "lipstick effect," new channels, and health trends, with recommendations for companies such as Salted Fish, Wei Long, Wan Chen Food, and Qiaqia Food [1][6] - The beverage sector is seeing a clear trend towards health, with non-traditional channels gaining market share, making high-growth companies like Dongpeng Beverage noteworthy [1][7] Key Insights and Arguments - The central economic work conference in 2026 will prioritize expanding domestic demand, which is expected to lead to a series of policies stimulating consumption, positively impacting the food and beverage industry [2] - The food and beverage sector has faced significant changes in volume, price, and channel structure over the past six years, with varying performances across sub-sectors [3] - The liquor sector is expected to see marginal improvements in 2026, driven by policies aimed at boosting business and government consumption [4] - The dairy sector is projected to enter a recovery phase, with increased demand anticipated due to supportive policies [5] - The snack food market is expected to gradually recover, supported by rising incomes and new retail channels [6] Additional Important Content - Cost fluctuations are a significant factor affecting the performance of consumer goods companies, with some agricultural product costs declining, providing investment opportunities [9] - The planting area for sunflower seeds is expected to recover, leading to a projected 10% decrease in the cost of sunflower seeds, which will positively impact Qiaqia Food's gross margin [10][11] - The konjac market is facing supply-demand imbalances, with high prices expected to ease in 2026, alleviating cost pressures for companies like Wei Long and Salted Fish [12] - The sugar molasses market is currently at low prices, providing strong support for Angel Yeast's profitability [13] - Innovative companies are leveraging product and channel innovations to drive growth, with notable examples including Nongfu Spring and Uni-President [14] - Efficient supply chain management is crucial for companies, with Dongpeng Beverage demonstrating strong performance in this area [15] Future Outlook - Dongpeng Beverage is expected to achieve double-digit growth in 2026 through strategic measures and product innovations [16] - Wan Chen is enhancing store quality and accelerating store openings, which is expected to improve profitability in the snack food sector [17][18] - Hai Tian Flavoring has implemented efficiency improvements under new management, resulting in revenue and profit growth exceeding industry averages [19] - The restaurant industry is expected to see a mild recovery, with companies like Yihai International and Tianhe Flavoring showing potential for improvement [20][21] - In the liquor sector, companies like Yanghe and Budweiser are expected to benefit from product and channel improvements, leading to potential breakthroughs in performance [22][23][25] - Gan Yuan Food is focusing on expanding e-commerce and high-end membership stores, with a stable development outlook [26][27] - Overall, companies in the food and beverage sector are expected to experience gradual recovery and growth, making them worthy of investor attention [28]