Important Notes
This annual report summary is derived from the full annual report. To fully understand the company's operating results, financial status, and future development plans, investors should carefully read the full annual report published in designated media by the China Securities Regulatory Commission. All directors attended the board meeting to review this report. The audit opinion from Zheng Tianye Accounting Firm (Special General Partnership) on the company's financial report for this year is a standard unqualified opinion. Non-standard audit opinion prompt: □ Applicable √ Not applicable. The company was unprofitable at the time of listing and has not achieved profitability currently: □ Applicable √ Not applicable. The profit distribution plan or capital reserve transfer plan reviewed by the board during the reporting period: √ Applicable □ Not applicable. The profit distribution plan approved by the board is to distribute a cash dividend of 10 yuan (including tax) for every 10 shares based on a total of 146,000,000 shares, with no bonus shares distributed (including tax), and no capital reserve transfer to shareholders. The preferred stock profit distribution plan approved by the board during this reporting period: □ Applicable √ Not applicable.
Company Overview
(1) Company Profile
Stock Abbreviation: Zhongjing Food
Stock Code: 300908
Stock Exchange: Shenzhen Stock Exchange
Contact Person and Information:
Board Secretary: Wang Fei
Securities Affairs Representative: Yu Yue
Office Address: No. 211, North Section of Industrial Avenue, Xixia County, Henan Province
Fax: 0377-69680033
Phone: 0377-69766006
Email: zhongjing@zhongjing.com.cn
(2) Main Business or Product Overview
- Industry Development Situation
According to the "Guidelines for the Classification of Listed Companies" issued by the China Securities Regulatory Commission, the company belongs to the C14 food manufacturing industry, specifically in the seasoning industry. Seasonings, as an important part of Chinese dietary culture, have evolved from being a traditional "kitchen accessory" to a "health lifestyle proposer" with the improvement of residents' living standards and changes in consumption concepts. The current Chinese seasoning industry is undergoing a transformation from "quantity increase" to "quality change," with brand enterprises continuously increasing their market share, and the industry overall showing trends of quality, health, and diversification. At the same time, the seasoning industry faces common challenges such as intensified market competition and increased cost control pressure against the backdrop of rapidly changing consumer demand, fluctuations in raw material prices, and deep changes in channel structures.
Consumer demand and channel diversification are driving industry innovation. Consumers' demand for seasonings is shifting from a single flavor satisfaction to a diversified and high-quality direction, with a significant increase in attention to nutritional health, convenience, and products with natural ingredients and simplified formulations. Emerging channels such as e-commerce platforms, social media, and home delivery are rapidly developing, leading to more fragmented consumption scenarios and more diverse user access methods. This trend requires enterprises to accelerate the enhancement of brand influence, product innovation, and channel reach capabilities, capturing segmented markets and user needs through differentiated competitive strategies to promote industry innovation and development.
Digital transformation is enhancing industry operational efficiency. Driven by intelligent manufacturing, big data analysis, and artificial intelligence technology, the seasoning industry is accelerating its full-chain digital transformation, significantly improving efficiency from production to marketing. Leading enterprises are introducing intelligent production lines and digital management systems to enhance quality, reduce costs, and increase efficiency. Meanwhile, the widespread application of big data technology helps enterprises gain precise insights into consumer needs, optimize product development and marketing strategies, and shift the decision-making process from experience-based to data-driven. Digital capabilities have become a key lever for seasoning enterprises to enhance core competitiveness and respond to rapid market changes.