大家早上好啊现在由我给大家分享2024年度的业绩情况那2024年公司实现营业收入2389亿元同比减少了5%主要的原因还是销售和销量相互理解的一个结果那销售单价下降了11.4%而销量是增长了7.2% 公司实现归属于上市公司股东净利润25.02亿,下降了12.1%。删除五花半股交易的影响,2024年归母净利润是26.6亿,下降6.6%。 除发食品和饲料原料以及有史课题这两个板块的业务利润呢是基本是持平的为母亲利润的下降主要还是其他板块税前利润的减少大约11.6亿元主要还是因为不同这个资金逐步的投入了新项目的一个建设理财受益均所下降他分别看两个大板块的一个利润情况 毒花食品删除这个乳花汎乳交易后利润约有下降2%主要还是因为渠道结构和产品结构的一个影响随着公司对市场的不断增增汎乳及食品工业渠道产品的利润是增加的但是零售渠道产品因为受到消费的不整的这个经验精神加剧等影响利润有所下降 另外上半年面粉业务由于市场需求不准这个竞争也是比较激烈不产品其他人也比较低迷是亏损但是下半年的经营情况已经明显改善同时呢在这几年新项目的投资比较多比如央厨醋马酱油片粉等产品在短期内 对公司利润造成有一些影响但是这些投资能够提升我们竞争优势巩 ...

北京市汉坤律师事务所上海分所 中国上海市静安区石门一路 288 号兴业太古汇香港兴业中心二座 33 层 200041 电话：(86 21) 6080 0909；传真：(86 21) 6080 0999 北京 上海 深圳 香港 海口 武汉 新加坡 纽约 www.hankunlaw.com 北京市汉坤律师事务所上海分所 法律意见书 关于 益海嘉里金龙鱼食品集团股份有限公司 2024 年年度股东大会的 法律意见书 汉坤（证）字 2025 第 35655-1-O-1 号 北京市汉坤律师事务所上海分所 关于益海嘉里金龙鱼食品集团股份有限公司 2024 年年度股东大会的 法律意见书 汉坤（证）字 2025 第 35655-1-O-1 号 致：益海嘉里金龙鱼食品集团股份有限公司 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）2024 年年度股东 大会（以下简称"本次股东大会"）采取现场投票与网络投票相结合的方式，现场 会议于 2025 年 4 月 15 日（星期二）下午 15:00 在上海市浦东新区博成路 1379 号益海嘉里金龙鱼食品集团股份有限公司二楼会议室召开。北京市汉坤律师事务 所上海分所（以下简称"本所" ...

证券代码：300999 证券简称：金龙鱼 公告编号：2025-019 益海嘉里金龙鱼食品集团股份有限公司 2024年年度股东大会决议公告 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。 特别提示： 1、本次股东大会未出现否决议案的情形。 1、会议召开时间： （1）现场会议召开时间：2025 年 4 月 15 日（星期二）下午 15:00。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 （2）网络投票时间：2025 年 4 月 15 日。 其中：通过深圳证券交易所（以下简称"深交所"）交易系统进行网络投票 的具体时间为 2025 年 4 月 15 日上午 9:15-9:25，9:30-11:30，13:00-15:00；通过 深交所互联网投票系统（http://wltp.cninfo.com.cn）进行网络投票的具体时间为 2025 年 4 月 15 日上午 9:15 至下午 15:00。 2、会议召开地点：上海市浦东新区博成路 1379 号益海嘉里金龙鱼食品集团 股份有限公司（以下简称"公司"）二楼会议室。 ...

关于举行2024年度网上业绩说明会的通知 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。 证券代码：300999 证券简称：金龙鱼 公告编号：2025-018 益海嘉里金龙鱼食品集团股份有限公司 （问题征集专题页面二维码） 特此公告。 益海嘉里金龙鱼食品集团股份有限公司 董事会 二〇二五年四月八日 益海嘉里金龙鱼食品集团股份有限公司（以下简称"公司"）于 2025 年 3 月 22 日在巨潮资讯网（www.cninfo.com.cn）发布了《2024 年年度报告》。为便 于广大投资者更加全面深入地了解公司 2024 年度生产经营及财务情况，公司定 于 2025 年 4 月 16 日（星期三）下午 15：00-17：00 在上海证券报·中国证券网 举办 2024 年度网上业绩说明会。本次年度业绩说明会将采用网络远程的方式举 行，投资者可登陆上海证券报·中国证券网路演中心（https://roadshow.cnstock.c om/）或者直接进入公司路演厅（https://roadshow.cnstock.com/fbh/jly2024）参与 本次年度业绩说明会。 ...

Core Viewpoint - The shift in Chinese consumer dietary preferences from "eating enough" to "eating well" and "eating healthily" is being driven by national health initiatives, with companies like Yihai Kerry Golden Dragon Fish actively aligning their strategies with these trends [1][2]. Group 1: Market Trends and Company Strategy - The Chinese health industry is projected to reach a market size of 13.4 trillion yuan by 2025 and 29.1 trillion yuan by 2030, indicating a significant growth opportunity [2]. - Yihai Kerry Golden Dragon Fish has been strategically investing in the health food sector for the past five years, expanding its product offerings to include a variety of health-oriented foods [2]. - At the 2024 Import Expo, the company showcased innovative products such as low GI certified noodles and plant-based dairy alternatives, catering to specific health needs [2]. Group 2: Research and Development - In 2024, the company invested 274 million yuan in R&D, marking a continuous increase over three years, with R&D expenditure significantly exceeding the industry average [4]. - The company has established a global R&D center in Shanghai, with investments totaling several billion yuan and a team of over 300 researchers, more than 70% of whom hold advanced degrees [4]. - Yihai Kerry Golden Dragon Fish has accumulated 3,910 intellectual property rights, with 215 new patents added in the previous year [4]. Group 3: Food Safety and Quality Control - The company maintains a comprehensive quality control system from farm to table, ensuring food safety through strict technical standards and production processes [5][6]. - Advanced technologies such as IoT, big data, and AI are utilized in the company's smart factories to achieve data visualization across production, storage, and logistics [5]. - The company has implemented a "Four Full and One New" food safety management model, ensuring safety across the entire supply chain [6]. Group 4: Social Responsibility and Recognition - Yihai Kerry Golden Dragon Fish has been recognized for its commitment to social responsibility, integrating it into its core business values [7][8]. - The company ranked first among Chinese food enterprises in the S&P Global Corporate Sustainability Assessment, surpassing many international brands [8]. - It has maintained an A rating in MSCI ESG ratings for two consecutive years, solidifying its leadership position in the Chinese grain and oil food industry [8].

Core Insights - The event highlighted the quality and taste of Jinlongyu's Six-Step Fresh Rice, showcasing the company's commitment to product excellence and consumer engagement [1][2][4] Group 1: Event Overview - The rice harvesting festival took place in Wuhan, Hubei, focusing on the exploration of the delicious secrets behind Jinlongyu's Six-Step Fresh Rice [1] - Consumers participated in a hands-on experience at the Jinlongyu factory, tasting the rice and engaging in DIY activities related to rice knowledge [2] Group 2: Technology and Quality Assurance - Jinlongyu employs a unique "Six-Step Fresh Rice Precision Control Technology" that ensures high quality through a comprehensive process from harvesting to consumption [3] - The technology includes monitoring environmental factors for optimal harvesting, low-temperature drying to maintain grain vitality, and low-oxygen packaging to preserve nutrition and flavor [3] Group 3: Future Directions - The event emphasized the dual benefits of taste and nutrition achieved through ecological planting and advanced technology, with Jinlongyu aiming to enhance quality and bring healthier rice options to more households [4]

从"吃得饱"层级向上追求，"吃得好"、"吃得健康"成为了食品企业的发展方向。作为食品中的民生刚需品类，粮油行业承载着更多责任。既要坚守产品品质的底线，更需精准洞察 并满足消费者在健康、营养以及个性化上升级的要求。在健康风口竞技场内，益海嘉里金龙鱼仍然做到了继续领跑。 近日，益海嘉里金龙鱼发布了2024年可持续发展报告，记载了其作为百姓餐桌的供给者，在可持续发展中的全能性愈发突出。循环经济、净零未来、社会保障，过去一年，益海 嘉里金龙鱼在多元化成果持续落地的同时，也提出了对未来路径的展望。 从"食安"到"食养"，益海嘉里金龙鱼大健康产品全面开花 为筑牢大健康产品矩阵根基，"从农田到餐桌"的全程质量管控体系是益海嘉里金龙鱼坚守食安的载体，不断引入粮油加工生产的先进检测与生产技术、并从原料筛选到成品出厂 的层层把关，以实现产品全程可追溯、风险可防控，确保产品质量、食品安全。 "唯有看得明白，才能吃得安心。"这是益海嘉里金龙鱼一直以来对消费者的承诺。 为让消费者"零距离"实地监督产品生产全过程，自2008年起，益海嘉里金龙鱼逐步在全国开放透明工厂，邀请消费者亲眼见证每一瓶油、每一包米、每一袋面的生产过程。益海 嘉里金 ...

Group 1 - The establishment of Kachun Yihai (Kashgar) Supply Chain Management Co., Ltd. has been reported, with a registered capital of 10 million yuan [1] - The company is involved in various business activities including food sales, seasoning production, beverage production, and agricultural product sales [1] - The company is co-owned by Jinlongyu and Xinjiang Kachun Grain and Oil Co., Ltd. [1]

Core Viewpoint - The new food safety standards prohibit the use of terms like "zero added" and "not added" on pre-packaged foods, aiming to address misleading marketing practices in the industry. The implementation date is set for March 16, 2027, allowing companies a two-year transition period to comply [1][2][11]. Group 1: New Regulations - The newly released standards include 59 food safety national standards and amendments, specifically targeting misleading marketing language in pre-packaged food labeling [2][11]. - The revised GB 7718-2025 standard explicitly bans terms synonymous with "not added," such as "zero added" and "no added," to prevent consumer misunderstanding [2][13]. Group 2: Industry Response - Companies like Haidilao, Jinlongyu, and Qianhe have expressed support for the new regulations, indicating a commitment to comply and improve transparency in product labeling [11][12]. - The new regulations are expected to shift the industry focus from "label marketing" to "quality competition," encouraging companies to enhance product development and quality [11][12][14]. Group 3: Marketing Practices - Many brands, including Hao Shi and Wei Chuan, have been found to label products as "zero added" while containing other sugars or additives, highlighting the prevalence of misleading marketing in the industry [3][4][6]. - The dairy sector also sees widespread use of "zero added" claims, with brands like Nayuki and Mengniu promoting products as "zero sugar" or "zero fat," despite containing other forms of sugar [6][7]. Group 4: Consumer Misunderstanding - The marketing of "not added" products has created consumer misconceptions about the safety and quality of food products, leading to increased anxiety over the use of food additives [13][14]. - Experts argue that the new regulations will help consumers return to a more scientifically informed understanding of food safety, reducing the confusion caused by misleading claims [13][14].

Core Viewpoint - The company "Golden Dragon Fish" (金龙鱼) is facing its most severe operational challenges since its listing, with significant declines in revenue and profit, reflecting broader structural issues in the traditional grain and oil industry [2][3]. Financial Performance - In 2024, the company reported a revenue of 238.87 billion yuan, a year-on-year decline of 5.03%, and a net profit of 2.50 billion yuan, down 12.14% year-on-year [2][3]. - The net profit has decreased for four consecutive years, with a cumulative reduction of nearly 60% since its peak in 2020 [2][3]. - The gross profit margin slightly increased by 0.52 percentage points to 5.35%, but the net profit margin fell to a record low of 1.03% [3]. - The company's operating costs account for 99.9% of its revenue, with raw material costs exceeding 90%, indicating minimal profit retention [3]. Brand Image and Trust Issues - The company has faced multiple brand crises, including involvement in a rice adulteration scandal and concerns over supply chain safety due to incidents with mixed oil products [4]. - These events have significantly damaged the brand's reputation and raised consumer concerns about product quality [4]. Operational Challenges - The company operates 80 production bases, but the utilization rates for oil refining and packaging are only 42.2% and less than one-third, respectively [5]. - The expansion strategy has led to increased fixed asset depreciation, negatively impacting net profits by 120 million yuan [5]. - The central kitchen business has not met expectations, with low revenue contribution and underutilized production capacity [5]. Industry Context - The per capita consumption of cooking oil in China has reached 25 kg/year, surpassing the World Health Organization's recommendation, indicating a saturated market [6]. - The grain and oil market has experienced three consecutive years of negative growth, with local brands gaining market share through competitive pricing strategies [6]. - Despite holding over 40% market share, the company's traditional business is being eroded by competitors with differentiated products and strategies [6]. Market Valuation and Investment Risks - The company's price-to-earnings ratio (TTM) stands at 82 times, significantly higher than the industry average, indicating potential overvaluation [7]. - The stock price has plummeted nearly 80% from its peak of 145.62 yuan per share to 32.09 yuan [7]. - A proposed share swap with a competitor may face regulatory scrutiny due to its significant market share implications and associated tax costs, complicating potential synergies [7].