立高食品股份有限公司 2023 年度独立董事述职报告 本人作为立高食品股份有限公司（以下简称"公司"或"立高食品"）第二 届董事会的独立董事，在 2023 年独立董事的相关工作中，严格按照《中华人民 共和国公司法》《中华人民共和国证券法》《上市公司独立董事管理办法》等相 关法律法规和《公司章程》《独立董事工作细则》的公司内部制度规定和要求， 诚信、勤勉、尽责、忠实履行职务，按要求积极出席 2023 年度的相关会议，认 真审议董事会各项议案，并对公司相关事项发表独立意见，充分发挥了独立董事 及各专业委员会委员的作用，切实维护公司和股东尤其是中小股东的合法权益。 现就本人 2023 年度独立董事履职情况述职如下： 一、独立董事的基本情况 （二）个人简历 本人黄劲业，1979 年出生，中国国籍，无境外永久居留权，硕士研究生学 历。2003 年 11 月至 2015 年 1 月任职广东信达律师事务所律师，2015 年 2 月至 2018 年 10 月任职北京市盈科（深圳）律师事务所律师，2018 年 11 月至今任职 北京市康达（深圳）律师事务所律师。2017 年 10 月-2023 年 11 月任立高食品独 立董事 ...

委托理财的公告 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。 立高食品股份有限公司（以下简称"公司"）于 2024 年 4 月 26 日召开了第 三届董事会第五次会议和第三届监事会第四次会议，分别审议通过了《关于使用 部分闲置募集资金进行现金管理和闲置自有资金进行委托理财的议案》，同意公 司及子公司在不影响公司正常生产经营和募集资金投资计划正常进行，确保资金 安全的情况下，使用额度不超过 60,000 万元（含）的闲置募集资金进行现金管 理和不超过 50,000 万元（含）的自有资金进行委托理财，在上述额度内资金可 以滚动循环使用，使用期限自董事会审议通过之日起 12 个月内有效。现将相关 内容公告如下： 一、募集资金的基本情况 （一）首次公开发行股票募集资金基本情况 | 证券代码：300973 | 证券简称：立高食品 公告编号：2024-032 | | --- | --- | | 债券代码：123179 | 债券简称：立高转债 | 立高食品股份有限公司 关于使用部分闲置募集资金进行现金管理和闲置自有资金进行 （一）首次公开发行股票募集资金使用情况 截至 2 ...

立高食品股份有限公司 （一）本人简历 黄伟成，1955 年出生，中国国籍，澳大利亚永久居留权，硕士研究生学历， 中国注册会计师。1978 年 12 月至 1986 年 11 月任职广州财政学校教师，1986 年 12 月至 2015 年 12 月历任立信羊城会计师事务所有限公司审计员、经理和副总 经理、立信会计师事务所合伙人。2017 年 10 月-2023 年 11 月任公司独立董事。 （二）独立性说明 在担任公司独立董事期间，本人未在公司担任除独立董事以外的任何职务， 也未在公司主要股东公司担任任何职务，与公司以及主要股东之间不存在妨碍本 人进行独立客观判断的关系，不存在影响独立董事独立性的情况，符合《上市公 司独立董事管理办法》等规定的独立性要求。 二、独立董事年度履职概况 2023 年度独立董事述职报告 本人作为立高食品股份有限公司（以下简称"公司"）第二届董事会的独立 董事，在 2023 年独立董事的相关工作中，严格按照《中华人民共和国公司法》 《中华人民共和国证券法》《上市公司独立董事管理办法》等相关法律法规和《公 司章程》《独立董事工作细则》的公司内部制度规定和要求，诚信、勤勉、尽责、 忠实履行 ...

立高食品股份有限公司 2024 年第一季度报告 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、完 整。 3.第一季度报告是否经过审计 □是 否 1 立高食品股份有限公司 2024 年第一季度报告 | 证券代码：300973 | 证券简称：立高食品 | 公告编号：2024-031 | | --- | --- | --- | | 债券代码：123179 | 债券简称：立高转债 | | 立高食品股份有限公司 2024 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | | --- | --- | --- | --- | --- | | | | | （%） | | | 营 ...

Financial Performance - The company achieved a net profit margin of 12% for the fiscal year, reflecting improved operational efficiency[20]. - The total revenue for the year reached 1 billion RMB, marking a 15% increase compared to the previous year[20]. - The company's operating revenue for 2023 was ¥3,499,096,969.49, representing a 20.22% increase compared to ¥2,910,588,966.94 in 2022[25]. - The net profit attributable to shareholders decreased by 49.21% to ¥73,027,000.54 in 2023 from ¥143,770,987.20 in 2022[25]. - The basic earnings per share dropped to ¥0.4312, down 49.21% from ¥0.8490 in the previous year[25]. - The total assets increased by 38.00% to ¥3,939,680,875.94 at the end of 2023, compared to ¥2,854,750,342.08 at the end of 2022[25]. - The net assets attributable to shareholders rose by 16.58% to ¥2,471,671,122.25 at the end of 2023 from ¥2,120,146,727.78 at the end of 2022[25]. - The company reported a cash flow from operating activities of ¥304,711,416.11, a decrease of 11.09% from ¥342,729,320.07 in 2022[25]. - The company experienced a net loss in the fourth quarter of 2023, with a net profit attributable to shareholders of -¥85,386,771.76[29]. - The company received government subsidies amounting to ¥18,362,561.13, which positively impacted its financial performance[33]. Market Expansion and Strategy - Future outlook indicates a projected revenue growth of 20% for the upcoming fiscal year, driven by new product launches and market expansion strategies[20]. - Market expansion efforts include entering three new provinces, targeting a 25% increase in market share within these regions over the next two years[20]. - The company has identified potential acquisition targets to enhance its product portfolio, with an estimated investment of 50 million RMB planned for strategic acquisitions[20]. - The company is actively exploring new strategies for market expansion and product innovation to drive future growth[52]. - The company is focusing on expanding its market presence through innovative product development and strategic partnerships in the baking industry[52]. - The company plans to expand its market presence by entering two new provinces, aiming for a 10% market share in these regions within the next year[188]. - A strategic acquisition of a local competitor is in progress, which is anticipated to enhance the company's production capacity by 30%[188]. Product Development and Innovation - The company is investing in R&D for new technologies, with a budget allocation of 10 million RMB aimed at enhancing product quality and innovation[20]. - The company launched its UHT cream product in May 2023, achieving over 100 million yuan in sales revenue, marking its entry into the high-end dairy cream market[49]. - The company has developed a diverse range of cream products, including liquid cream, plant-based cream, and beverage cream, catering to various market segments[49]. - The company is focusing on technological innovation in frozen baking, aligning with consumer trends towards healthier and more convenient food options[40]. - The company is committed to optimizing its product offerings by improving ingredient formulations and introducing new flavors, while also exploring innovative product categories[158]. - The company launched a new product, UHT cream 360PRO, which successfully entered the market, expanding the cream product line[95]. - The company has established a comprehensive product range that meets different customer needs across high, medium, and low price segments[49]. Operational Efficiency and Cost Management - The management highlighted a 30% increase in production capacity due to recent upgrades in manufacturing facilities[20]. - The company has established a comprehensive supplier assessment and management system for raw materials procurement, ensuring quality through multiple evaluations and on-site inspections[64]. - The production model is primarily self-operated, with monthly production plans based on sales forecasts and inventory levels, allowing for adjustments based on actual sales[65]. - The company aims to lock in prices for key raw materials through advance agreements with suppliers, mitigating the impact of market fluctuations[65]. - The company has a strategy for continuous improvement in supplier quality, with regular re-evaluations and support for underperforming suppliers[64]. - Strict budget management and cost control measures will be implemented to improve operational efficiency, including optimizing procurement and logistics management[79]. - The company is focused on achieving cost leadership by automating production lines and optimizing labor efficiency to reduce overall costs[162]. Governance and Corporate Structure - The company maintains a governance structure that includes a general meeting of shareholders, a board of directors, a supervisory board, and senior management, ensuring checks and balances among decision-making, supervision, and operations[171]. - The board of directors consists of 6 members, including 2 independent directors, complying with legal requirements and actively participating in training to enhance governance practices[172]. - The supervisory board has 3 members, including 1 employee supervisor, and is responsible for overseeing major matters, related transactions, and the compliance of directors and senior management[172]. - The company has established a complete business system and independent operational capabilities, ensuring no asset occupation by the controlling shareholder or actual controller[174]. - The company has a robust information disclosure management system, fulfilling its obligations and maintaining effective communication with investors through various channels[173]. - The company has actively engaged with 309 institutions during its investor relations activities, demonstrating a commitment to transparency and investor engagement[170]. Risk Management - The company is facing potential risks related to supply chain disruptions, which have been detailed in the risk management section of the report[3]. - The company faces risks related to food safety, which could impact its brand image and sales if not managed properly[80]. - The company has established a comprehensive food safety management system to mitigate food safety risks, ensuring compliance with relevant regulations[81]. Investor Relations and Communication - The company is committed to transparency and regularly updates stakeholders on its strategic initiatives and performance metrics[165]. - The company reported a total of 446 participants in the online conference held on April 28, 2023, indicating strong interest from investors[166]. - The company is actively engaging with various securities firms, including CITIC Securities and Guotai Junan, to strengthen investor relations[164]. - The company has been proactive in communicating with investors through various channels, including online platforms and direct meetings[164].

出席本次说明会的人员有：公司董事长彭裕辉先生，副董事长赵松涛先生，董事、 总经理陈和军先生，副总经理、董事会秘书、财务总监王世佳先生，独立董事陈莹女士、 独立董事梁晨先生，保荐代表人翁嘉辉先生。 为提升业绩说明会的交流效果，公司特向投资者公开征集问题，广泛听取投资者的 意见和建议，欢迎投资者在 2024 年 5 月 13 日（星期一）17:00 前将有关问题发送至公司 董事会办公室邮箱 dongmiban@ligaofoods.com，或者扫描下方二维码进入全景网问题征 集专题页面。公司将在 2023 年度业绩说明会上，对投资者普遍关注的问题进行回答。欢 迎广大投资者积极参与本次网上说明会。 （问题征集专题页面二维码） | 证券代码：300973 | 证券简称：立高食品 | 公告编号：2024-038 | | --- | --- | --- | | 债券代码：123179 | 债券简称：立高转债 | | 立高食品股份有限公司 关于举行 2023 年度网上业绩说明会及问题征集的公告 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。 立高食品股份有限公司（以下简称" ...

餐饮渠道加强建设，期待 24 年有环比改善 核心观点 ⚫ 经营整体稳健，加强餐饮渠道建设。据公司预告，预计 23 年实现营收 34.8 亿-36.0 亿元，同比增长 19.56%-23.69%，收入保持稳健，其中冷冻蛋糕、中点类产品、稀 奶油的销售表现良好；内部改革持续推动，冷冻烘焙、奶油、酱料营销组织架构完 成整合，三产线、双产线经销商收入占比有所提升，对市场覆盖力度增加，得益于 公司新品有效导入的带动影响，商超、餐饮等渠道业务增速较好。公司愈发重视餐 饮渠道，餐饮团队成员超过百人，未来也会配备专业的销售团队侧重餐饮方向。 ⚫ 需求不振拖累毛利率，费用有所增长，24 年或将改善。因下游需求减弱，新品需求 不足，预计产能利用率下滑拖累毛利率。费用方面，23 年费用增长因：1）业务规 模扩大后中转仓数量增加，相应的仓储费及内部仓库之间运输发生的物流费增长； 2）年内举办经销商大会及行业烘焙展会，业务推广费用有所增加；3）成立产品中 心专职研发及组织产品推新、老品升级，加大了产品的研发投入力度，同时于全国 多地成立研发技术服务中心以推进技术推广前置，研发费用开支提升。预计 24 年仓 储物流费用管控更加科学，供应 ...

中信建投证券股份有限公司 关于立高食品股份有限公司 首次公开发行前部分限售股上市流通的核查意见 中信建投证券股份有限公司（以下简称"中信建投证券"或"保荐机构"）作为立 高食品股份有限公司（以下简称"立高食品"、"上市公司"或"公司"）首次公开发 行股票并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《深圳证 券交易所创业板股票上市规则》以及《深圳证券交易所上市公司自律监管指引第 2 号— —创业板上市公司规范运作》等有关规定，对立高食品首次公开发行前部分限售股上市 流通的事项进行了核查，核查情况及核查意见如下： 一、首次公开发行前已发行股份概况 （一）首次公开发行股份情况 经中国证券监督管理委员会《关于同意立高食品股份有限公司首次公开发行股票注 册的批复》（证监许可[2021]489 号）同意注册，立高食品股份有限公司（以下简称"公 司"）向社会首次公开发行人民币普通股（A 股）股票 42,340,000 股，并于 2021 年 4 月 15 日在深圳证券交易所创业板上市。公司首次公开发行前总股本 127,000,000 股，首次公 开发行股票完成后，公司总股本为 169,340,000 股， ...

| | | 债券代码：123179 债券简称：立高转债 立高食品股份有限公司 首次公开发行前部分限售股上市流通的提示性公告 本公司董事会及全体董事保证公告内容不存在任何虚假记载、误导性陈述或者重大 遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 重要内容提示： 1、立高食品股份有限公司（以下简称"公司"）本次上市流通的限售股份为首次公 开发行前已发行股份，解除限售的股份数量为 85,985,400 股，占公司目前总股本的 50.7767%。 2、本次上市流通日为 2024 年 4 月 17 日（星期三）。 一、首次公开发行前已发行股份概况 （一）首次公开发行股份情况 经中国证券监督管理委员会《关于同意立高食品股份有限公司首次公开发行股票注 册的批复》（证监许可[2021]489 号）同意注册，立高食品股份有限公司（以下简称"公 司"）向社会首次公开发行人民币普通股（A 股）股票 42,340,000 股，并于 2021 年 4 月 15 日在深圳证券交易所创业板上市。公司首次公开发行前总股本 127,000,000 股，首次公 开发行股票完成后，公司总股本为 169,340,000 股，其中有流通 ...

Investment Rating - The report does not explicitly state an investment rating for the company Core Viewpoints - The company, Ligao Foods, is positioned as a leading player in the frozen baking sector, focusing on providing comprehensive solutions for frozen baked goods and baking ingredients [5][22] - The company has experienced rapid revenue growth over the past five years, with a compound annual growth rate (CAGR) of 25% for net profit from 2017 to 2022, although profits were impacted in 2022 due to the pandemic [22][23] - The frozen baking market in China is expected to grow significantly, with a projected market size exceeding 300 billion yuan by 2025, driven by increasing consumer demand and the expansion of distribution channels [39][44] Company Overview - Ligao Foods primarily engages in frozen baking and baking ingredient businesses, generating revenues of 10.6 billion yuan from frozen baking, 2.4 billion yuan from cream, 1.1 billion yuan from sauces, and 0.9 billion yuan from fruit products in H1 2023 [5][6] - The company has a clear management structure with stable core executives, many of whom are founding members [14][18] Financial Performance - The company’s revenue has shown rapid growth, with a significant increase in frozen baking revenue, which accounted for over 60% of total revenue in 2022 [32][34] - The net profit for 2023 is projected to be between 0.8 billion and 1.05 billion yuan, reflecting a year-on-year decline of 27% to 44% due to increased costs and asset impairments [22][23] Market Analysis - The frozen baking industry is in its early stages in China, with a low penetration rate of 10%, compared to 30% in Japan and 70% in the United States, indicating substantial growth potential [39][44] - The report highlights the importance of supply chain improvements and the expansion of new consumption scenarios, such as supermarkets and cafes, which are expected to drive the growth of the frozen baking market [44][46] Production Capacity - The company has aggressively expanded its production capacity, with plans to increase frozen baking capacity by 107,000 tons, which is expected to contribute an additional 1.79 billion yuan in revenue once operational [27][28]