甘源食品(002991) - 2025年10月29日投资者关系活动记录表

Group 1: Financial Performance - In Q3 2025, the company's revenue increased by 4.37% compared to the same period last year, driven by innovation in classic products and the introduction of new bean products [2] - The comprehensive gross margin for the first nine months of 2025 decreased by 0.63% year-on-year, primarily due to rising raw material costs [2] - The gross margin level improved in Q3 2025 compared to the same period last year, attributed to increased revenue scale and the formation of economies of scale in bean product production [2] Group 2: Product Development and Innovation - The company focuses on two strategic product categories: beans and flavored nuts, with successful launches of new products like green broad beans and jade beans [3] - Continuous product innovation and iteration plans are in place to expand market space and enhance brand value [3] - The company is developing differentiated flavored nut products through technological innovation, such as wasabi-flavored macadamia nuts [3] Group 3: International Expansion - The company is steadily expanding its overseas business, with a focus on Southeast Asia, and is entering new markets like Indonesia, Thailand, and Malaysia [4] - Localized product development is being pursued to cater to regional taste preferences, supported by the establishment of local teams and integration into local supply chains [4] Group 4: Cost Management and Efficiency - The company has strategically increased the sales expense ratio to support new product launches and overseas market expansion [5] - Future plans include optimizing the expense structure through refined budget management, focusing resources on high-quality channels and core products to reduce inefficient spending [5] Group 5: Channel Cooperation and Market Strategy - The company implements an omnichannel development strategy, collaborating closely with various channels to explore diverse product cooperation opportunities [6] - Tailored solutions are provided for different channels based on customer characteristics and scenario needs, enhancing channel competitiveness and recognition [6]