洽洽食品(002557) - 2024年1月4日投资者关系活动记录表

Group 1: Market Situation - The current market demand is still weak, with shipping concentrated in January due to the upcoming Spring Festival in February 2024, affecting December 2023 shipments [2] - The procurement price of sunflower seeds has decreased from previous highs, and the supply situation is stable [3] Group 2: Business Development - The company is actively expanding its "Million Terminals" initiative, with city partners gradually increasing and plans to replicate successful models in more regions [3] - The overseas market is stable in Thailand, while markets in Indonesia and the Middle East are still being developed, with a focus on product innovation and channel expansion [3] Group 3: Sales Channels - The company has established partnerships with leading snack retailers, with good sales performance and plans to enhance penetration in the snack retail channel [3] - E-commerce development is stable, with good growth on Douyin, although cooperation with Hema has been impacted by changes in that channel [3] Group 4: Capacity and Investment - The company's capacity utilization is relatively high during the Spring Festival peak season, with capital expenditure primarily focused on the expansion project for Baotou Qiaqia Nut Snacks, estimated at approximately 350 million yuan to increase sunflower seed and nut production capacity [3]