wen | jingjidaobao duanhaitao

7yue19riwan，sanyuanshengwu（301206.sz）fabugonggaocheng，gongsiyanfadetianrangaobeitianweiji——youzhitianjutang，yijingjubeiguimoshengchannengli。

tongyitian，sanyuanshengwupilu，oumengyigongbuleduiyuanchanyuzhongguodechixiantangchunchanpinqidongfanqingxiaodiaochadechubucaidingjieguo，sanyuanshengwusheanchanpinbeizhengshou156.7%delinshifanqingxiaoshui。

jingjidaobaojizhelejiedao，sanyuanshengwuchixiantangchunchanpin2023nianyilunweikuibenmaimai，maolilvyijiangweifushu，cicioumengzhengshuigengjianglinggongsixueshangjiashuang。suiranyouzhitianjutangtouchansuanshilihao，dannengfouduichongoumengzhengshuiyingxiang，sanyuanshengwuheshinengzhongfanyejigaofeng，rengyoudaiguancha。

优质甜菊糖扩大产品线

sanyuanshengwuzhuanmenfabugonggaojieshaoxinchanpinqingkuang，xianshigongsiduiyouzhitianjutangjiyuhouwang。

jujieshao，youzhitianjutangyouchenglaibaodiganm，shiyiputongdetianjutangganweiyuanliao，caiyonghechengshengwuxuefangfajuhechenglaibaodiganm（yechengmeifa），chedijiejueleputongtianjutanggandehoukuwei，shitianweigengjiachunjing，tiandudadaozhetangde350bei。

youzhitianjutangyinqitiandugao、reliangdi、kouweichunzheng、wendingxinghao、anquanxinggaodengtedian，chengweixingjiabizuigaodetianrantianweiji，beiguangfanyingyongyuyinliao、shipin、jiulei、yiyaodenglingyu，chengweiquanqiutianweijishengchanqiyezhengxiangyanfadezhongdianchanpin。

sanyuanshengwubiaoshi，gongsicaiyongyijiaomuweidipanxibaodequanmeifazhibeigongyi，liyongjuyouzizhuzhishichanquandejingfenzigaizaohoudemeizhijitigaozhuanhualv，wuxuewaitianjiaangguidetangjigongti，shixianleyouzhitianjutangdedichengbenzhibei。

youzhitianjutangkeyuchixiantangchun、tagetangfupeishiyong，bujinnenggouzoushangrenmendecanzhuo，haikeguangfanyingyongyugezhongshipindediaopei，yimanzuxiaofeizheduitianweihejiankangdeshuangzhongxuqiu。

“bencituichudeyouzhitianjutangshiyizhongtianrangaobeitianweiji，jikedanduxiaoshou，yekeyiyudibeitianweijifupeixiaoshou，jinyibukuodalegongsidechanpinxian，weigongsikehutigonggengduoyouzhidechanpinxuanze。”sanyuanshengwubiaoshi，youzhitianjutangdetuichugaibianlegongsidanyichanpinjingyingdejumian，daialuotongtangzaiguoneipizhunshiyonghou，jiangyuyouzhitianjutangfupeituixiangshichang，youzhuyuzengqianggongsihexinjingzhengli，gonggugongsizaitianrangongnengtanglingyudeshichangdiwei。

buguo，duiyuyouzhitianjutangshenmeshijiannengduiwaixiaoshou、muqianchannengzhuangkuangdengwenti，jingjidaobaojizhe7yue22rizhidiansanyuanshengwu，gongsizhengquanburenshibiaoshihuijiluxiawenti，bingweizhijiedafu。

jingjidaobaojizhezhuyidao，sanyuanshengwu7yue8ricengpilu，gongsishishide“nianchan2wandunaluotongtangxiangmu”zhongde1wandunchannengyiwanchenggongchengzhutijianshe、shebeianzhuanghediaoshigongzuo，gongsijianganzhaochanpingongyi、shengchanliuchengfenjieduananpaishishengchanguocheng。houxugongsijianggenjugongyiqingkuang，duishebeizhuangzhijinxingdiaozhengyouhua，zhubushixianxiangmudachandabiao。

欧盟征税影响几何？

7yue19ri，sanyuanshengwudelingyifengonggaoxianshi，oumengweiyuanhuigongbuleguanyuchixiantangchunfanqingxiaodiaochachucaigonggao，zhuyaoneirongruxia：shandongsanyuanshengwukejigufenyouxiangongsisheanchanpinchixiantangchun（chunchixiantangchunhuohunhehouqitachanpinhanliangdiyu10%dechixiantangchun）chanpinbeizhengshou156.7%delinshifanqingxiaoshui，shangshulinshifanqingxiaocuoshiyuoumenggongbuchucaizhiriqishengxiao。2024nian6yue7riqijinkousheanchanpinchixiantangchungenjuchucaishuilvyibeizhuisuzhengshoulinshifanqingxiaoshui4zhou。

julejie，sanyuanshengwuzaooumengfanqingxiaodiaocha，shiyu2023nian10yuedeyifen“jubao”。oumengshengchanshangjungbunzlauergongsicheng，zhongguochixiantangchunyidiyuzhengchangjiazhidejiageduioumengchukoubingduioumengtongleichanyezaochengshizhixingsunhai，yincixiangoumengweiyuanhuitijiaoshenqingyaoqiuqidongfanqingxiaodiaochabingcaiqufanqingxiaocuoshi。

genjugaishenqing，oumengweiyuanhuiyu2023nian11yue21rifabugonggao，juedingduiyuanchanyuzhongguodechixiantangchunchanpinfaqifanqingxiaodiaocha，anjiandiaochaqiwei2022nian10yue1rizhi2023nian9yue30ri，sunhaidiaochaqiwei2020nian1yue1rizhi2023nian9yue30ri。

genjusanyuanshengwudangshidecesuan，2022nian10yue1rizhi2023nian9yue30rigongsichukouzhioumengdesheanchanpinjinezhangongsiyingyeshouruyue18.79%。guanyu2023niansanyuanshengwuduioumengxiaoshoudejutishue，gongsizhengquanburenshiyishejigongsishangyejimiweiyou，jujuetoulu。

“bencioumengjiazhenglinshixingguanshuiduigongsichixiantangchunchukououmengshichangchanshengleyidingyingxiang，danzongtiyingxiangyouxian。”sanyuanshengwuzaigonggaozhongcheng，gongsizhengzaicaiqucuoshijijiyingdui，baokuoxiangoumengshichangzengjiafupeitangdexiaoshou，jijituiguanggongsixinchanpinyouzhitianjutang（rm、rd），kuaisukuochanaluotongtang，jiadaguoneihedongnanya、yindu、zhongdong、nanmeidengxinxingshichangdekaifalidudeng，jinxingchanpinduoyanghuaheshichangduoyuanhuabuju。

sanyuanshengwubiaoshi，jianyuouzhoushangweipizhunluohanguotiangandeshiyong，gongsituichudeyouzhitianjutang（rm、rd）zuoweiduiputongtianjutangdeshengjichanpin，juyoutiandugenggao、kouweichunzhengdetedian，nenggouhenhaodimanzuoumengkehuduitianrangaobeitianweijidejiankangxuqiu。

业绩下滑趋势能否扭转引关注

jingjidaobaojizhezhuyidao，sanyuanshengwuyejiyilianxuliangniandafuxiahua，jinnianyijiduganggangchuxianzengzhangqushi，nengfoubaochizengzhangzhuangtaipoweiyinrenguanzhu。

caiwushujuxianshi，2023nian，sanyuanshengwuyingyeshouruwei49950.08wanyuan，tongbijianshao25.99%；guimujinglirunwei5887.44wanyuan，tongbijianshao64.03%。erciqiande2021nianhe2022nian，sanyuanshengwuyingyeshourufenbiewei167532.00wanyuan、67490.56wanyuan，guimujinglirunfenbiewei53541.50wanyuan、16368.66wanyuan。

genjumysteeldetongjishuju，2022nianquanqiuchixiantangchundezongxuqiuliangwei17.3wandun。raner，jiezhi2023nian5yuedi，genjubuwanquandetongjishujuxianshi，zhongguodechixiantangchunchannengyijingdadao38wandun/nian，yuanchaoquanqiushichangdeshijixuqiu。

chixiantangchunguoshengchannengdaozhishichangjingzhengjiaju、jiagexiadieyijixingyezhenghedejiasu，jineryingxiangxingyedeyinglinengliheqiyedeshengcunzhuangkuang。

genjumysteeldetongjishuju，2021nianchixiantangchundezuigaobaojiacengdadao4wanyuan/dun，suihouzhubuxiahua。2023nianshangbannian，chixiantangchundebaojiayidujiangzhi9500yuan/dun。genjubaichuanyingfudetongjishuju，jiezhi2023nian11yue20ri，shandongdiquchixiantangchunjunjiayihuishengzhi10200yuan/dun，chengxianqiwenhuishengdejixiang。

congsanyuanshengwuchixiantangchunchanpinkan，2023nianyingyeshouruwei40792.19wanyuan，yingyechengbenwei41246.25wanyuan，maolilvwei-1.11%，yilunweikuibenmaimai。

haozai2024nianyijidu，sanyuanshengwuyejichuxianhuinuanjixiang。caiwushujuxianshi，2024nianyijidu，sanyuanshengwushixianyingyeshouru19189.46wanyuan，tongbizengzhang65.03%；guimujinglirun2424.77wanyuan，tongbizengzhang210.54%。

sanyuanshengwubiaoshi，yingyeshouruzengjia，zhuyaoxixiaoliangzengjia、xiaoshoujiageyousuohuishengsuozhi。

duiyushangbanniandeyejiqingkuang，sanyuanshengwuzhengquanburenshibiaoshi，“gongsijingyingqingkuanglianghao”，xiangxiqingkuanghuizaibannianbaozhongjinxingpilu。