YouYou Foods: Appointed Xie Yaling as the company's board secretary

YouYou Foods announced on October 15th that the fifteenth meeting of the fourth board of directors reviewed and approved the proposal on the appointment of the company's board secretary, agreeing to appoint Xie Yaling as the board secretary, with a term starting from the date of approval by this board meeting until the expiration of the fourth board's term

China Galaxy Securities: Weak recovery in the food and beverage industry during National Day and Mid-Autumn Festival, focus on third-quarter report performance

China Galaxy Securities released a research report indicating that the overall performance of the food and beverage industry in September was weak, with liquor sales declining by 20%-30% during the Mid-Autumn Festival and National Day. Despite the sluggish demand for business banquets, mass consumption and gatherings remained relatively strong. During the National Day holiday, inter-regional mobility reached a historical high, driving a marginal weak recovery. The market will focus on the third-quarter earnings reports, and related high-performing stocks and sectors are worth paying attention to

The Shanghai Stock Exchange issued a regulatory work letter to YouYou Foods, clarifying regulatory requirements regarding the company's changes in the secretary of the board

On September 19th, the Shanghai Stock Exchange issued a regulatory work letter to YouYou Foods, clarifying regulatory requirements regarding the change of the company's board secretary, involving listed companies, directors, supervisors, and senior management personnel

The snack food sector is experiencing fluctuations and weakening, with YouYou Foods hitting the limit down, followed by declines in Oufu Egg Industry, Ligao Foods, Guifaxiang, Yizhi Konjac, QINGDAO FOODS, and HAOXIANGNI

Guosheng Securities: The channel dividends in the snack sector are narrowing, leading to differentiated industry growth

Guosheng Securities released a research report indicating that in the first half of 2025, the overall revenue of the snack sector will decline by 2.2% year-on-year, and the net profit attributable to the parent company will decrease by 40.3%. Although channel benefits still exist, they are marginally shrinking, and companies need to rely on creating blockbuster products and expanding channels to drive growth. There are differentiated developments among companies in the industry, with those able to achieve product and channel increments having higher growth potential. Overall gross profit margins are declining, increasing profit pressure