证券代码：300999 证券简称：金龙鱼 公告编号：2024-050 益海嘉里金龙鱼食品集团股份有限公司 关于对外担保的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 一、担保情况概述 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）于 2023 年 11 月 27 日召开第二届董事会第十六次会议、第二届监事会第十五次会议，于 2023 年 12 月 15 日召开 2023 年第一次临时股东大会，审议通过了《关于 2024 年度对 外担保暨关联交易额度预计的议案》。在 2024 年度对外担保暨关联交易额度预 计中，公司为全资子公司益海嘉里（上海）国际贸易有限公司（以下简称"上海 国贸"）及益海嘉里食品营销有限公司（以下简称"营销公司"）向中国工商银 行股份有限公司上海市分行第二营业部（以下简称"工商银行"）的综合授信提 供连带责任保证担保，担保金额分别为：（1）上海国贸在工商银行的综合授信 业务：人民币 20 亿元本金及相关利息和费用；（2）营销公司在工商银行的综合 授信业务：人民币 10 亿元本金及相关利息和费用。公司可以根据实际情况，在 上 ...

一、董事会会议召开情况 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）第二届董事会 第二十四次会议于 2024 年 9 月 26 日以通讯表决方式召开。会议通知已于 2024 年 9 月 20 日以电子邮件方式送达各位董事。本次会议由董事长 Kuok Khoon Hong （郭孔丰）召集，会议应出席董事 9 人，实际出席董事 9 人，公司全体监事、全 体高级管理人员列席了本次会议。本次会议的通知、召集、召开和表决程序符合 《中华人民共和国公司法》和《益海嘉里金龙鱼食品集团股份有限公司章程》的 有关规定。 证券代码：300999 证券简称：金龙鱼 公告编号：2024-048 益海嘉里金龙鱼食品集团股份有限公司 第二届董事会第二十四次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 具体内容详见公司同日披露在巨潮资讯网（www.cninfo.com.cn）的《关于为 子公司融资业务提供担保的公告》（公告编号：2024-047）。 表决结果：赞成 9 票，反对 0 票，弃权 0 票。 三、备查文件 《公司第二届董事会第二十四次会议决议》。 特此公 ...

证券代码：300999 证券简称：金龙鱼 公告编号：2024-049 三、备查文件 益海嘉里金龙鱼食品集团股份有限公司 第二届监事会第二十三次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）第二届监事会 第二十三次会议于 2024 年 9 月 26 日以通讯表决方式召开。会议通知已于 2024 年9月20日以电子邮件方式送达各位监事。本次会议由监事会主席张建新召集， 会议应出席监事 3 人，实际出席监事 3 人，公司董事会秘书列席了本次会议。本 次会议的通知、召集、召开和表决程序符合《中华人民共和国公司法》和《益海 嘉里金龙鱼食品集团股份有限公司章程》的有关规定。 二、监事会会议审议情况 审议通过《关于为子公司融资业务提供担保的议案》。 经审核，监事会认为：公司本次为益海晨科（重庆）农业有限公司（以下简 称"益海晨科重庆"）提供担保有助于解决益海晨科重庆业务发展需求，促进益 海晨科重庆经营发展。监事会认为本次提供担保的风险处于可控范围内，不会对 公司的正常运作和业务发展 ...

证券代码：300999 证券简称：金龙鱼 公告编号：2024-047 益海嘉里金龙鱼食品集团股份有限公司 关于为子公司融资业务提供担保的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）于 2024 年 9 月 26 日召开了第二届董事会第二十四次会议、第二届监事会第二十三次会议， 分别审议通过了《关于为子公司融资业务提供担保的议案》，现就相关事项公告 如下： 一、担保情况概述 公司控股子公司益海晨科（重庆）农业有限公司（以下简称"益海晨科重庆"） 为满足生产经营需要，计划向重庆农村商业银行股份有限公司沙坪坝支行（以下 简称"重庆农商行"）申请债权期限不超过五年（含五年）、本金金额为人民币 20,000 万元的综合授信业务。公司拟就前述授信业务向益海晨科重庆提供连带责 任保证担保，担保金额为人民币 12,000 万元本金及相关利息和合理费用。担保 期间为主合同约定的债务履行期限届满之日起三年。本次担保额度及决议自董事 会审议通过之日起至 2024 年 12 月 31 日期间有效。如单笔担保的存续期超过了 ...

证券代码：300999 证券简称：金龙鱼 公告编号：2024-044 益海嘉里金龙鱼食品集团股份有限公司 1 构成关联交易。 关于对外投资暨关联交易的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 一、关联交易概述 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"、"益海嘉里"） 及 Grand Silver (Laiyang) Co. Limited（以下简称"香港嘉银"）拟将所持有的下述 公司股权分别作价 22.90 亿元、32.79 亿元对山东鲁花集团有限公司（以下简称 "鲁花集团"、"目标公司"）进行增资。具体持股情况如下： （1）公司持有襄阳鲁花浓香花生油有限公司（以下简称"襄阳浓香"）33% 股权、常熟鲁花食用油有限公司（以下简称"常熟鲁花"）33%股权、周口鲁花浓 香花生油有限公司（以下简称"周口浓香"）49%股权和莱阳鲁花丰益塑业有限公 司（以下简称"鲁花塑业"）50%股权，前述公司合称为"参股公司"； （2）香港嘉银持有莱阳鲁花浓香花生油有限公司（以下简称"莱阳浓香"） 49%股权和山东鲁花浓香花生油有限公司（以下简称"山东浓香"） ...

一、监事会会议召开情况 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）第二届监事 会第二十二次会议于 2024 年 9 月 3 日以通讯表决方式召开。会议通知已于 2024 年 9 月 3 日以电子邮件方式送达各位监事。本次会议由监事会主席张建新先生 召集，会议应出席监事3人，实际出席监事3人，公司董事会秘书列席了本次会 议。会议的通知、召集、召开和表决程序符合《中华人民共和国公司法》和 《益海嘉里金龙鱼食品集团股份有限公司章程》的有关规定。 二、监事会会议审议情况 会议以投票表决方式，审议通过《关于对外投资暨关联交易的议案》。 证券代码：300999 证券简称：金龙鱼 公告编号：2024-046 益海嘉里金龙鱼食品集团股份有限公司 第二届监事会第二十二次会议决议公告 本公司及监事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 经审核，监事会认为：本次交易系公司根据业务现状结合现有条件，进一 步整合资源所作出的决定。本次交易完成后，公司的合并报表范围未发生变化。 本次交易事项对公司的财务状况、经营成果、未来主营业务和持续经营能力不 会产生重大不利影响，不存在损害公 ...

本公司及董事会全体成员保证信息披露内容的真实、准确和完 整，没有虚假记载、误导性陈述或重大遗漏。 证券代码：300999 证券简称：金龙鱼 公告编号：2024-045 益海嘉里金龙鱼食品集团股份有限公司 第二届董事会第二十三次会议决议公告 本议案已于会前经公司第二届董事会第一次独立董事专门会议审议通过。 具体内容详见公司同日披露在巨潮资讯网（www.cninfo.com.cn）的《关于 对外投资暨关联交易的公告》（公告编号：2024-044）。 公司关联董事Kuok Khoon Hong（郭孔丰）、Pua Seck Guan（潘锡源）、 Tong Shao Ming（唐绍明）回避表决。 表决结果：赞成6票，反对0票，弃权0票。 三、备查文件 《公司第二届董事会第二十三次会议决议》。 一、董事会会议召开情况 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）第二届董事 会第二十三次会议于 2024 年 9 月 3 日以通讯表决方式召开。会议通知已于 2024 年 9 月 3 日以电子邮件方式送达各位董事。本次会议由董事长Kuok Khoon Hong （郭孔丰）召集，会议应出席董事9人，实际出席董事9人，公 ...

Financial Performance - The company achieved a revenue of 109.48 billion CNY in the first half of 2024, a decrease of 7.78% compared to 118.71 billion CNY in the same period of 2023 [7] - Net profit attributable to shareholders increased by 13.57% to 1.10 billion CNY, up from 965.75 million CNY [7] - The net profit after deducting non-recurring gains and losses surged by 1,013.79% to 160.69 million CNY, compared to 14.43 million CNY in the previous year [7] Revenue Breakdown - Kitchen food products accounted for approximately 65% of total revenue, with a slight volume increase of 2.5% year-on-year [8] - Feed raw materials and oil technology products represented about 35% of total revenue, with a volume increase of 3.7% [9] - The overall gross profit margin for kitchen food products improved slightly to 6.86% from 6.60% [8] Market Trends and Challenges - The decline in revenue was primarily attributed to falling product prices due to a decrease in raw material costs, which outweighed the growth in sales volume [7] - The flour business faced losses due to rapid capacity expansion and intense competition, but profitability is expected to improve in the second half of the year [3] - The company is focusing on increasing sales volume to counteract the impact of price declines in the grain and oil industry [2] Investor Relations Activities - The investor relations event on August 15, 2024, included participation from 52 institutions [2] - Key company representatives included Chairman Guo Kongfeng and CFO Lu Wenyu, who provided insights into the company's performance and future outlook [2] Cash Flow and Financial Health - Operating cash flow decreased by 84.76% to 1.64 billion CNY, primarily due to reduced revenue and changes in procurement and payment schedules [13] - Total assets decreased by 10.68% to 213.04 billion CNY as of June 30, 2024, compared to 238.50 billion CNY at the end of 2023 [12] - The company's debt-to-asset ratio improved to 55% from 60% [14]

Investment Rating - The report maintains a "Buy" investment rating for the company [7] Core Insights - The company's revenue is under pressure due to a decline in prices despite an increase in volume, but profit margins are showing signs of improvement [4] - The company reported a total revenue of 1094.78 billion yuan for H1 2024, a decrease of 8% year-on-year, while the net profit attributable to shareholders increased by 14% to 10.97 billion yuan [4] - The report anticipates continued profit margin optimization in the second half of 2024, driven by cost reductions in raw materials and improved sales performance [5] Summary by Sections Financial Performance - In Q2 2024, total revenue was 522.05 billion yuan, down 9% year-on-year, with a net profit of 2.14 billion yuan, up 92% [4] - The company's gross margin increased by 1 percentage point to 4.90% in H1 2024, with a net profit margin of 0.94%, reflecting stable profitability [4] Product Segments - The kitchen food segment saw revenue of 696.74 billion yuan in H1 2024, a decrease of 5%, but with a volume increase of 3% [5] - The feed raw materials and oil technology segment reported revenue of 389.66 billion yuan, down 12%, but with a gross margin increase of 1 percentage point to 1.01% [5] Earnings Forecast - The report adjusts the EPS forecast for 2024-2026 to 0.57, 0.71, and 0.84 yuan respectively, with corresponding PE ratios of 45, 37, and 31 times [6][8]

Financial Performance - The company's revenue for the reporting period was CNY 109.48 billion, a decrease of 7.78% compared to the same period last year[12]. - Net profit attributable to shareholders was CNY 1.10 billion, an increase of 13.57% year-on-year[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 0.16 billion, a significant increase of 1,013.79% year-on-year[12]. - The company's operating cash flow net amount was CNY 1.64 billion, down 84.76% from the previous year[12]. - The total assets at the end of the reporting period were CNY 213.04 billion, a decrease of 10.68% compared to the end of the previous year[12]. - The net assets attributable to shareholders at the end of the reporting period were CNY 92.19 billion, an increase of 0.76% year-on-year[12]. - The total revenue for the first half of 2024 was 109,478,207 thousand yuan, a decrease of 7.78% compared to 118,713,632 thousand yuan in the same period of 2023[40]. - The gross profit margin for kitchen foods increased to 6.86% in the first half of 2024 from 6.60% in the same period of 2023, reflecting a 0.26% improvement[41]. - The revenue from kitchen foods was 69,674,319 thousand yuan in the first half of 2024, down 5.24% from 73,524,689 thousand yuan in the first half of 2023[40]. - The revenue from feed raw materials and oil technology was 38,965,627 thousand yuan, a decrease of 12.37% from 44,463,949 thousand yuan in the first half of 2023[40]. Market and Industry Trends - The decline in revenue was primarily due to falling product prices, which outweighed the contribution from increased sales volume[13]. - The edible oil industry in China has shown stable development with significant market opportunities, driven by rising consumer demand for high-quality and healthy products[27]. - The edible oil industry is experiencing a concentration of market share among leading brands, with expectations for further consolidation in the future[28]. - In the rice industry, China's rice production reached 208 million tons in 2023, but the processing sector remains underdeveloped with low utilization rates and significant opportunities for brand integration and product innovation[29]. - The wheat flour industry is facing challenges with overall demand weakening, while the concentration of processing capacity is increasing, leading to intensified competition among major players[30]. - The soybean market is experiencing a downward trend in prices due to increased supply, impacting the profitability of feed raw material companies[32]. - The oil technology sector is shifting towards differentiation and functionality, with a focus on sustainable development and potential benefits from carbon trading policies[33]. Brand and Marketing Strategy - "Golden Dragon Fish" brand ranked first in the edible oil category for the 14th consecutive year with a score of 750.4 in the 2024 China Brand Power Index[34]. - The brand value of "Golden Dragon Fish" is approximately 124.54 billion yuan, highlighting its strong market presence and influence[34]. - The company is leveraging a diversified brand operation strategy, including traditional and new media marketing, to enhance brand awareness and product promotion[36]. - The company is positioned as a key player in the agricultural products and food processing industry, with a comprehensive brand matrix covering high-end to mass-market segments[35]. Operational Efficiency and Production - The company has established a highly efficient production network across multiple locations, optimizing logistics and inventory costs through integrated production bases[25]. - The company has established 80 production bases nationwide, enhancing cost efficiency and product quality through strategic location near raw material sources[51]. - The production volume of kitchen foods increased by 6.00% to 9,717 thousand tons in the first half of 2024, while sales volume rose by 2.53% to 11,373 thousand tons[49]. - The company is expanding its product line into new categories such as seasonings, yeast, and plant-based meat, leveraging its competitive advantages across the supply chain[56]. Investment and Project Development - The company has committed to invest a total of CNY 1,100,000,000 in the Lanzhou New District Grain and Oil Food Processing Base Project, with a cumulative investment of CNY 695,852,000, achieving 94.03% of the planned investment progress[76]. - The Yihai Kerry Group's deep processing project has a total investment commitment of CNY 900,000,000, with a cumulative investment of CNY 513,845,000, reaching 85.64% of the planned investment progress[76]. - The company has reported a total of CNY 13,933,490 in raised funds, with CNY 440,548 invested during the reporting period and a cumulative investment of CNY 11,143,716[74]. - The company has delayed the completion date for several projects, including the Maoming food processing project, to December 31, 2024, due to construction progress issues[81]. Risk Management - The company faces various risks, including industry competition, macroeconomic fluctuations, and raw material price volatility[2]. - The company is experiencing a competitive market environment, leading to lower-than-expected benefits from several projects[81]. - The company is actively evaluating and adjusting its investment projects to ensure prudent investment practices amid complex market conditions[92]. - The company has implemented risk control measures to mitigate market, liquidity, credit, operational, and legal risks associated with derivative trading[96]. Environmental Compliance and Sustainability - The company is focused on improving its environmental compliance and reducing pollutant emissions in line with national standards[138]. - The company aims to achieve net-zero greenhouse gas emissions by 2050, with 2022 set as the baseline year for this target[163]. - The company has established partnerships with 19 agricultural cooperatives in Sichuan, promoting the cultivation of fresh peppers across 6,000 acres[164]. - The company has not engaged in any major litigation or arbitration matters during the reporting period[166]. Shareholder and Corporate Governance - The annual shareholders' meeting held on April 15, 2024, had a participation rate of 91.1368%[127]. - The company plans not to distribute cash dividends or issue bonus shares for the half-year period[129]. - The company has implemented a restricted stock incentive plan approved on March 31, 2022, to motivate and retain key employees[130]. - The company has not reported any issues or other circumstances regarding the use and disclosure of raised funds[88].