2月25日，龙大美食涨1.47%，成交额7761.64万元。两融数据显示，当日龙大美食获融资买入额409.55 万元，融资偿还411.99万元，融资净买入-2.43万元。截至2月25日，龙大美食融资融券余额合计2.78亿 元。 融资方面，龙大美食当日融资买入409.55万元。当前融资余额2.77亿元，占流通市值的6.20%，融资余 额低于近一年10%分位水平，处于低位。 融券方面，龙大美食2月25日融券偿还700.00股，融券卖出100.00股，按当日收盘价计算，卖出金额 414.00元；融券余量17.66万股，融券余额73.11万元，低于近一年10%分位水平，处于低位。 截至1月30日，龙大美食股东户数4.50万，较上期增加1.73%；人均流通股23981股，较上期减少1.70%。 2025年1月-9月，龙大美食实现营业收入76.25亿元，同比减少4.85%；归母净利润-1.79亿元，同比减少 422.95%。 分红方面，龙大美食A股上市后累计派现4.43亿元。近三年，累计派现0.00元。 声明：市场有风险，投资需谨慎。本文基于第三方数据库自动发布，不代表新浪财经观点，任何在本文 出现的信息均只作为参考，不 ...

转自：成都日报锦观 聚力产业链 区（市）县如何"拼" 全市"新春第一会"彰显了推动重点产业链"强链突破、聚链成群"的坚定决心，为各区（市）县以重点产 业链高质量发展支撑"十五五"开好局、起好步指明了方向。如何贯彻落实会议精神，推动重点产业链高 质量发展？来看各区（市）县怎么干—— 不少区（市）县表示，要巩固提升传统优势产业、加速突破新兴赛道，培植更具带动力的特色产业集 群。 2026年，新津区将拓展预制食品、功能食品、宠物食品等细分赛道，促进正大肉制品西南总部基地、新 希望健康食品产业园等重大项目加快建设，打造全省健康食品科技创新中心。 梯次培育 聚链强链 统筹推进传统产业改造升级、新兴产业培育壮大、未来产业布局建设，各区（市）县有何打算？ 成都高新区将加快推进集成电路重大项目建设，补齐产业链上下游存在的短板弱项；四川天府新区将锚 定战略性新兴产业和未来产业，加力加劲培育链主企业、夯实要素保障、做强项目支撑，以更大担当、 更实举措推动产业提质升级；成都东部新区将做强燃气轮机、氢能内燃机、无人机等装备制造产业的关 键环节，抢占可持续航空燃料产业新赛道。 温江区将围绕产业链补短板等方向开展项目谋划，全力推动西部放 ...

Core Insights - The report highlights a positive outlook for the semiconductor industry, driven by increased capital expenditure from major cloud companies and a robust demand for AI infrastructure [22][24][25] - The electric power sector is expected to benefit from a significant increase in installed capacity, with a focus on renewable energy sources such as solar and wind [27][28][29] - The food and beverage sector shows mixed performance, with certain sub-sectors like prepared foods and snacks performing well, while others face challenges [19][20] Domestic Market Performance - The Shanghai Composite Index closed at 4,134.02, with a slight increase of 0.05%, while the Shenzhen Component Index rose by 0.86% to 14,283.00 [4] - The A-share market has shown resilience, with average P/E ratios for the Shanghai Composite and ChiNext at 16.91 and 53.15, respectively, indicating a favorable environment for medium to long-term investments [10][11] International Market Performance - Major international indices such as the Dow Jones and S&P 500 experienced declines of 0.67% and 0.45%, respectively, reflecting a cautious global market sentiment [5] Industry Analysis - The semiconductor industry saw a strong performance in January 2026, with a 18.63% increase in the domestic semiconductor index, significantly outperforming the broader market [22][23] - The electric power sector's installed capacity reached 38.9 billion kilowatts by the end of 2025, marking a 16.1% year-on-year increase, with solar and wind energy contributing significantly to this growth [27][28] - The food and beverage sector's sales in January 2026 showed a slight increase of 0.11% year-on-year, with a notable decline in month-on-month sales due to policy changes [19][20] Investment Recommendations - The report suggests a balanced investment strategy focusing on technology sectors, particularly AI and high-end manufacturing, while also considering opportunities in consumer sectors [10][11][15] - In the semiconductor space, investors are encouraged to look at companies benefiting from AI demand and increased capital expenditures from cloud providers [24][25][26] - For the electric power sector, a "barbell strategy" is recommended, focusing on stable, high-dividend companies as well as growth opportunities in renewable energy [27][29]

Investment Rating - The industry investment rating is "in line with the market," indicating that the industry index is expected to fluctuate between -10% to 10% relative to the CSI 300 index over the next six months [115]. Core Insights - The food and beverage sector experienced a slight increase of 0.55% in January 2026, with a total trading volume of 32.16 billion shares, reflecting a decrease in trading activity compared to December 2025 [7][8]. - Key sub-sectors related to the Spring Festival, such as prepared foods, snacks, and alcoholic beverages, saw price increases, while previously strong sectors like soft drinks and dairy products experienced declines [9][13]. - The investment growth in the food and beverage manufacturing sector remained high in the first half of 2025 but showed signs of decline in the second half, with a notable contraction in the production of liquor and dairy products [7][36]. - The report recommends focusing on investment opportunities in prepared foods, soft drinks, health products, baking, and snacks, with a suggested stock portfolio including companies like Baoli Food, Li Gao Food, and Xianle Health [7][110]. Summary by Sections 1. Market Performance - In January 2026, the food and beverage sector's performance ranked sixth from the bottom among 31 primary industries, indicating a weak overall market trend [13][22]. - The proportion of stocks that increased in value reached 64.84%, with significant improvements in sectors like prepared foods and snacks [25][26]. 2. Valuation - As of January 31, 2026, the food and beverage sector's valuation stood at 19.33 times earnings, which is relatively low compared to historical averages [18][22]. - The liquor sector's valuation was 17.76 times, also at a historical low, while other segments like snacks and prepared foods had significantly higher valuations [18][22]. 3. Individual Stock Performance - Stocks in the snack and prepared food sectors showed strong performance, with notable increases in companies like Qianwei Yangchun and Haoxiangni [26][31]. - The liquor sector displayed mixed results, with some brands like Huangtai Liquor and Water Well Liquor performing well, while others like Yanghe and Moutai faced declines [31][32]. 4. Investment Trends - The food and beverage manufacturing sector's investment growth was robust in early 2025 but began to decline in the latter half of the year, reflecting cautious investment behavior amid rising costs [33][36]. - The production of fresh and frozen meat maintained high growth, while liquor and dairy products continued to see production declines [38][39]. 5. Import and Price Trends - In 2025, imports of corn and wheat saw significant declines, while imports of high-end dairy products and nuts experienced growth [54][56]. - Domestic prices for raw milk are stabilizing, while prices for oils and vegetables are showing upward trends [81][82].

Investment Rating - The industry investment rating is "in line with the market," indicating that the industry index is expected to fluctuate between -10% and +10% relative to the CSI 300 index over the next six months [115]. Core Insights - The food and beverage sector experienced a slight increase of 0.55% in January 2026, with a total trading volume of 32.16 billion shares, reflecting a decrease in trading activity compared to December 2025 [7][8]. - Key sub-sectors related to the Spring Festival, such as prepared foods, snacks, and alcoholic beverages, saw price increases, while previously strong sectors like soft drinks, dairy, condiments, and meat products experienced declines [9][13]. - The investment in the food and beverage manufacturing industry continued to show high growth levels in early 2025, but the growth rate has been declining since the second half of 2025 [33][36]. - The report recommends focusing on investment opportunities in prepared foods, soft drinks, health products, baking, yeast, and snacks, with a suggested stock portfolio including companies like Baoli Food, Lihigh Food, and Xianle Health [110][112]. Summary by Sections 1. Market Performance - In January 2026, the food and beverage sector's performance ranked sixth from the bottom among 31 primary industries, indicating a weak overall market trend [13][22]. - The sector's trading volume decreased significantly, with a drop of 74.24 billion shares compared to the previous month [8]. 2. Valuation - As of January 31, 2026, the food and beverage sector's valuation stood at 19.33 times earnings, which is relatively low compared to historical levels [18][22]. - The valuation of the liquor sector was 17.76 times, also at a historical low, while other segments like snacks and condiments had significantly higher valuations [18]. 3. Individual Stock Performance - In January 2026, 64.84% of individual stocks in the sector saw price increases, with notable performances in prepared foods and snacks [25][26]. - Specific stocks such as Qianwei Yangchun and Haoxiangni showed substantial gains, while traditional liquor brands experienced mixed results [31][32]. 4. Investment Trends - The food and beverage manufacturing sector's fixed asset investment grew by 22.9% year-on-year in 2024, but showed signs of slowing down in the latter half of 2025 [33][36]. - The production of key products like fresh meat and edible oil maintained growth, while categories like wine and dairy continued to see declines [38][39]. 5. Import and Price Trends - In 2025, imports of corn and wheat saw significant declines, while imports of high-end dairy products and nuts increased [54][56]. - Prices for raw milk are stabilizing, while prices for oils and vegetables are showing upward trends [81][82].

最近，龙大美食的烦恼可能有点多。 该公司发布的业绩预告显示，2025年预计亏损6.2亿元至7.6亿元，相比上年同期176.35万元的亏损额，显著拉大。 盈利承压背后，该公司此前4年的财务数据也被追溯。 发布业绩预告的当日，龙大美食公告称，公司因2021年至2024年连续四年可转债募投项目利息资本化违规被责令改正，相关责任人也收到警示函。龙大美 食也对前期会计差错进行了追溯调整，同一日内相继发布了更正后的2021年至2024年的4年年报。 高达6.2亿元至7.6亿元的业绩预亏，以及对过去4年财报的修正，使龙大美食成为投资者关注的焦点。 | 项目 | 本报告期 | 上年同期 | | --- | --- | --- | | 归属于上市公司 股东的净利润 | 亏损:62.000 万元-76.000 万元 | 亏损:176.35 万元 | | 扣除非经常性损 益后的净利润 | 亏损:62,062 万元-76,062 万元 | 亏损:8,158.66 万元 | | 基本每股收益 | 亏损:0.57 元/股-0.7 元/股 | 亏损:0.0016 元/股 | △龙大美食2025年业绩预告 回溯龙大美食近几年的经营轨迹，则会 ...

转自：新华财经 在国内预制菜行业竞争加剧、同质化严重、利润承压的背景下，海外市场正成为企业寻求增量的关键突 破口。2025年以来，公司坚定推进品牌国际化战略。公司同皇佳食品达成战略合作，筹备设立得利斯南 非代表处；同时携手新加坡陆福投资，整合双方在产品研发、智能制造、跨境投资与本地化运营等领域 的核心优势，共同开拓东南亚及全球市场。 近期，公司董事长赴欧考察，成功敲定了英国、法国、意大利、德国等欧洲多国的市场关键合作伙伴， 初步构建起覆盖西欧、南欧及中欧的立体化销售与服务网络，为得利斯加速拓展欧洲市场、深化全球布 局奠定了坚实基础。（叶鹏） 编辑：赵鼎 作为扎根山东、业务遍及全国的老牌肉制品企业，得利斯此次落子上海，是对既有全国网络的战略升 级。截至目前，公司拥有山东、北京、陕西、吉林、江西五大生产基地，辐射华东、华北、华南、西 北、东北、西南等市场区域。根据此前公告，上海运营中心项目总投资预计9305.99万元，集研发、营 销、品牌推广等于一体，多维度业务支撑体系下，公司有望通过上海城市跳板，深入南方市场腹地，加 大对全国市场乃至全球的辐射力度。 依托上海的电商产业优势，上海运营中心将成为公司电商业务升级的 ...

加速拓展南方市场 作为扎根山东、业务遍及全国的老牌肉制品企业，得利斯此次落子上海，是对其既有全国网络的战略升 级，有望以此为跳板深入南方市场腹地。 得利斯有关负责人在接受《证券日报》记者采访时表示，目前，得利斯拥有山东、北京、陕西、吉林、 江西五大生产基地，而该公司在南方市场的业务开展能力则相对薄弱。 根据得利斯此前相关公告，上海运营中心建设项目预计总投资9305.99万元，集研发、营销、品牌推广 等多功能于一体，其中，营销中心将构建立体化的市场开拓体系；研发中心则将聚焦中式、西式等预制 食品的创新开发。该公司负责人表示，此举旨在进一步丰富公司在预制食品领域的产品储备，持续在产 品端、标准端、安全端等方面建立技术优势。 广州加倍管理咨询有限公司创始人张蓓蓓对《证券日报》记者表示，在预制菜行业竞争白热化的当下， 通过上海运营中心强化研发，得利斯能够率先推出更具创新性与差异化的产品，满足消费者日益多样化 的饮食需求，有望在产品同质化严重的市场中脱颖而出。 此外，依托上海成熟的电商与新媒体生态，该中心也被赋予推动公司新零售业务进阶的使命。得利斯此 前线上业务已具规模，据悉其新零售事业部2025年销售额已突破1亿元， ...

1月24日，山东得利斯食品股份有限公司（以下简称"得利斯"）上海运营中心及旗舰店在上海市杨浦区 启用。山东省及上海市相关部门负责人，潍坊市、诸城市有关领导，以及公司代表共同出席活动。此举 标志着得利斯在华东市场的布局进入新阶段。 公司董事长郑思敏在启用仪式上表示，上海运营中心是得利斯立足长三角、辐射全中国、链接全世界的 战略抉择。未来，得利斯将以上海总部为引擎，以更优质的产品、更完善的服务、更开放的姿态，共拓 中国肉食品行业的新未来，为推动中国食品行业高质量发展贡献得利斯力量。 值得一提的是，该运营中心同步设立了研发中心，聚焦中式、西式等预制食品的创新开发。得利斯始终 坚持自主创新的发展道路，建设了低温肉制品重点实验室、食品安全追溯与预警工程研究中心两个市级 研发平台，研发能力处于国内领先水平。依托上海先进的技术发展风向和众多的餐饮、食品人才资源， 公司有望构建更具创新能力的技术研发平台，进一步丰富在预制食品领域的产品储备，持续在产品端、 标准端、安全端等方面建立技术优势，助力公司扩大市场份额，夯实预制食品领先企业的地位。 品牌展示与业务协同方面，运营中心将成为链接合作伙伴、消费者与行业的重要桥梁。公司表示， ...

Group 1 - The core viewpoint of the news is that Longda Food's stock experienced a slight decline, with significant trading activity in margin financing and securities lending, indicating low levels of both financing and lending balances [1] - On January 15, Longda Food's stock price fell by 0.71%, with a trading volume of 60.51 million yuan. The margin financing data showed a net buying of 3.10 million yuan for the day [1] - As of January 15, the total margin financing and securities lending balance for Longda Food was 305 million yuan, with the financing balance accounting for 6.74% of the circulating market value, which is below the 10th percentile level over the past year [1] Group 2 - As of December 31, the number of shareholders for Longda Food was 44,200, a decrease of 2.58% from the previous period, while the average circulating shares per person increased by 2.76% to 24,401 shares [2] - For the period from January to September 2025, Longda Food reported an operating income of 7.625 billion yuan, a year-on-year decrease of 4.85%, and a net profit attributable to shareholders of -183 million yuan, a significant year-on-year decrease of 349.93% [2] - Since its A-share listing, Longda Food has distributed a total of 443 million yuan in dividends, with no dividends paid in the last three years [2]