Happy Family: Holding an earnings presentation on April 3rd, investors are invited to participate

Star Securities News: On April 3, 2026, Happy Family (300997) released an announcement stating that the company held a performance briefing session on April 3, 2026.

The details are as follows:

Q: The company’s 2025 annual report was disclosed on March 26, 2026 on the Cninfo website (www.cninfo.com.cn). To help the vast number of investors further understand the company’s 2025 annual report, the company’s operating conditions in 2025, and its future development plan, the company held an online performance briefing for 2025. This online performance briefing uses network interaction, with a text Q&A format. The main contents of the text Q&A are as follows:

A: The company’s 2025 annual report was disclosed on March 26, 2026 on the Cninfo website (www.cninfo.com.cn). To help the vast number of investors further understand the company’s 2025 annual report, the company’s operating conditions in 2025, and its future development plan, the company held an online performance briefing for 2025. This online performance briefing uses network interaction, with a text Q&A format. The main contents of the text Q&A are as follows

Q: The controlling shareholder has continued to reduce holdings recently, and the pledge ratio is very high. Will there be further large-scale reductions in the future? Is there a plan to stabilize the stock price? The 2025 performance dropped sharply—what measures have been implemented in 2026 for raw materials, channels, and new products? Can it be clearly said that a turnaround and improvement are coming? The stock price has fallen for a long time and is undervalued—does the company have a plan for share buybacks and dividends to boost confidence?

A: In 2026, the company will expand into diversified channels based on existing channels and products, and continuously improve its product matrix to achieve steady improvements in the company’s operating performance. The company will adopt a dual-development strategy: leisure fruit products represented by fruit canned goods, and the coconut industry chain represented by “coconut base+” products. Based on market demand and consumers’ dietary habits, the company will continuously carry out product research and upgrades; further deepen its strategic layout for channel diversification, actively embracing emerging channels such as snack-focused franchised chains; and continue to advance the implementation and construction of the company’s overseas coconut processing projects in an orderly manner, strengthening the company’s ability to supply raw materials for its core products and its competitiveness in the supply chain.

The company has formulated the “Three-Year Shareholder Report Plan for the Future (2025-2027)”. The company’s 2025 annual profit distribution plan is to distribute cash dividends of 2.00 yuan per 10 shares to all shareholders (including tax), with no bonus shares and no conversion from capital reserve into share capital. At the same time, the company continues to推进 the work of purchasing and canceling shares. In 2025, it has completed the cancellation of 10,026,525 shares, with a total repurchase funding amount of 123.63M yuan. In 2026, the company also plans to注销 the remaining 2.5 million shares unused in the 2023 buyback plan by changing their purpose to cancellation. The company’s shareholders strictly comply with laws and regulations and fulfill their disclosure obligations for compliant reductions in holdings or pledges; they have all timely fulfilled their information disclosure obligations in accordance with the requirements of laws and regulations. The company’s board of directors has always attached great importance to the company’s value and investors’ report work. The company will continue to focus on its development strategy and key work, strive to improve the quality of its operations, and effectively safeguard the interests of all shareholders.

Q: After your company’s Indonesia project goes into production, by how much is the gross margin expected to increase? Does the company have any intention to enter the medical device industry recently?

A: The company will adopt a dual-development strategy: leisure fruit products represented by fruit canned goods and the coconut industry chain represented by “coconut base+” products. There are many factors that affect the company’s gross margin. The company’s Indonesia coconut processing project is still in the process of being promoted. The investment in this project is beneficial to the company’s extension toward the product raw material end, helping the company improve its upstream layout in the industry chain, strengthen the supply of raw materials for its core products and competitiveness in the supply chain, provide resource support for the company’s future development, and help the company gradually build its own product raw material supply system, improving the stability and safety of raw material supply.

Q: As of now, the stock price is roughly cut in half. Are there any positive measures in the near term to stabilize the situation and the stock price?

A: The company’s board of directors has always placed great importance on the company’s value and investor report work. The company will continue to focus on its development strategy and key work, strive to improve the quality of its operations, and effectively safeguard the interests of all shareholders. Stock price fluctuations in the secondary market are affected by many factors. Please pay attention to investment risks. If there are any matters that have an important impact on the company, the company will promptly fulfill its information disclosure obligations in accordance with laws and regulations.

Q: Is there a prospect of turning a loss into a profit in this year’s first quarter?

A: In 2025, the net profit attributable to shareholders of listed companies was 44.17 million yuan. For the company’s operating situation in the first quarter of 2026, please refer to the company’s 2026 first-quarter report at that time.

Happy Family (300997)’s main business: mainly engaged in the R&D, production, and sales of food and beverage products such as plant protein drinks, fruit canned goods, juice drinks, and lactic acid bacteria beverage drinks.

Happy Family’s 2025 annual report shows that, for the year, the company’s main operating revenue was 1.50 billion yuan, down 19.11% year over year; net profit attributable to the parent company was 44.1746 million yuan, down 70.03% year over year; non-recurring profit and loss net profit was 40.8979 million yuan, down 71.75% year over year. Among them, in the fourth quarter of 2025, the company’s single-quarter main operating revenue was 459 million yuan, down 10.93% year over year; single-quarter net profit attributable to the parent company was 33.6478 million yuan, down 47.11% year over year; single-quarter non-recurring profit and loss net profit was 32.9707 million yuan, down 46.77% year over year. The asset-liability ratio was 45.74%, investment income was 0.2247 million yuan, financial expenses were 6.8242 million yuan, and gross margin was 29.59%.

Financing and securities lending data show that, over the past 3 months, this stock saw net financing outflows of 31.5766 million yuan, and the financing balance decreased; net securities lending outflows were 0.3243 million yuan, and the securities lending balance decreased.

The above content was compiled by Star Securities based on publicly available information, generated by an AI algorithm (Internet Information Security Filing No. 310104345710301240019). It does not constitute investment advice.