Yanjing Brewery(SZ:000729)2025-07-10 10:16Group 1: Company Overview and Financial Performance - Beijing Yanjing Beer Co., Ltd. emphasizes shareholder returns with a stable dividend policy, planning to distribute cash dividends of CNY 1.90 per 10 shares for 2024, totaling CNY 535,522,474.79, which represents 50.73% of the net profit attributable to shareholders [1] - The cash dividend amount reflects a 90% increase compared to the previous year [1] Group 2: Product Development and Market Strategy - The newly launched Best Soda is positioned as a key innovation strategy for Yanjing, aimed at revitalizing the brand and expanding into the beverage market, potentially creating new growth avenues [1] - Best Soda is characterized by its refreshing taste and natural fruit aroma, with plans to diversify the product line to cater to various consumer preferences [2] Group 3: Governance and Management Efficiency - The company has implemented a modern governance structure, establishing the shareholders' meeting as the highest authority and ensuring the board of directors can make informed decisions while granting operational autonomy to the management [2] - A comprehensive "1+M+N" system has been developed to enhance governance efficiency, ensuring interconnectivity and collaboration among various regulations [2] - The company focuses on improving internal control systems and compliance management to ensure orderly operations and enhance decision-making efficiency [2] Group 4: Green Development Initiatives - Yanjing Beer has adopted measures for green development, including managing energy consumption per unit of beer produced and advancing carbon management initiatives [2] - The company plans to add 8 new green factories in 2024, increasing its total to 17 green factories and 6 green supply chain enterprises [2]