青岛啤酒股份2025年中期报告

(Stock Code168) 2113118120122123123123123124 202511630 202511630 202511630 202511630 202511630 202511630 1 199361619951227482,400,000 H1993715A19938279H1,308,219,178 [2008]44520084215620091019A42,763,6171,308,219,1781,350,982,795 20201,3201,350,982,7951,364,182,7952021294,00020212023280,00720256301,364,196,788 202511630 2 2025826 1 152023 2 202563012 3 3 ••• 1 2025630202511630 2 111231 3 4 5 5.1 5 5.2 6 6.1 6.2 6 6.2 7 14.3.2 8 9 9.1 9.2 10 14 10.1 • • 10.1.1 10.1.2 10 10.2 12 12 10.2.1 10.2.2 10.2.3 12 12 10 10.2 10.2.3 12 10.2.4 10.3 (1)(2)(3) 10 10.4 10.4.1 10.4.1.1 10.4.1.2 10.4.2 10.4.3 10 10.5 11 11.1 10.2.3 11.2 11.3 12 12.1 10.2.3 12.2 13 13.1 13.1.1 13.1.2 13.1.3 13.1.4 13 13.2 13.3 14 14.1 14.2 22 14.3 14.3.1 14 14.3 14.3.1 14.3.2 14.4 15 16 16.1 16.2 16 16.3 17 18 19 19.1 11993616 19 19.2 (1) (2)(3)(4)(5) 20 21 22 23 23.1 23.2 (1) (2)(3) 23.3 24 24.1 25 (1)(2)(3) 26 26.1 31 26 26.2 45 27 27.1 27.1.1 48 27.1.2 •• 27.1.3 12 27 27.1 27.1.4 •• 27.2 27.2.1 14 27.2.2 27.2.2.1 28 28.1 28.2 28 28.2 28.3 29 29 29.1 16 29.2 16 2025116302024116303,026,1922025630503,117,13020241231540,634,66612 29.3 20256302,536,913,381202412312,342,757,380182025630564,980,00020241231632,996,000 29.4 232010-2013 29.5 2025630 30 (i) 15%25% 16.5%3%-12%20% (ii)[2018]54[2021]620181120231231500[2023]3720241120271231500 (iii)2020232021112030123115% 2 13%6%9% 3% 1 2 [2022]14[2022]17[2022]1920224202242022520226 3 2008116[2008]897HH10% 2 20231225%20%20271231 1 1 220256305%202412315% 3202563033,374,7268,727,1241,4552024123133,356,9363,800,521140 42025630 52025630762,865,11520241231751,887,986 2025630 3 (1) 3 (2) 30-100 3 (2) (4)20251163015,135,519202411630 20256301,082,330202412311,425,857 (2) 20256 30110,557,652202412 31107,919,42247%2024123145% 5 5 5.2 (5)2025116301,701,494202411630 (6) 6 (1) 150% 22025630482,14320241231519,463 11 11 (1) 12 12.2 (1) 12 12.2 (1) 12 12.2 (2) 202563036,819,012155,276,6642024123146,380,410194,636,318 (3) (4)2025630 (5)202563020241231 13 (2) (3)2025630 14 14 (1) (2)2025630 15 (1) 15 (1) 202563020241231 202563020241231 (2)2025630 (3)2025630 16 (3) 18 (1) 20252030278,569,00020241231310,090,000286,411,00020241231322,906,000 21 2025630315,429,10220241231202,435,5166 (3)20256304,740,881202412316,594,883 22 (1) (2)2025630 23 23 2025116305,593,3012024116304,992,335 202563020241231 202563015,161,6352024123112,491,651 30 30.2 30.3— (1) 30 30.3— (4) 0.25%24,715,00026,076,000 14.12024123114.1 (6) 202511630195,413405195,0082025630158,5215,346,711 202511630212,667212,667202553095,0001,266,350 10%50%1,400,704,38050% [2012]201.5% 202552020242.201,364,196,78820257113,001,232,934202420232.001,364,196,7882024892,728,393,576 39 (1) (3) (4) 20256305,439,176,353202412318,312,560,6821 99,0502024116300202511630 53 54 20256306 55 2. 59 (1) 202511630804,266 20251163074,950,45320241163082,430,365 20251163089,687,78720241163094,828,70956(7) 12025328421,000,000202556,000,000 1 1 1 1 (1) (3) 202563020241231 (5) (6) (7)2025630 1 1 1.1 1.1.1 2025630 2025630 1 1.1 1.1.1 20256305%7,952,000202412313,816,0005%2,783,000202412311,270,000 1.1.2 202563020241231 202511630202411630 1.1.3 20256300.5%28,108,0002024123117,142,000 1.2 202563013582710 1 1.2 202563020241231 1.3 2025630 4,046,901,657600,000 2 5 1 2 1(1) 3 2(1) 2(1) 2025114202520252025 5 (1) 5 114A (2) 202563020241231 (3) 5 (6) 6 1 20206820192020AHA20206292020A6271,320202062921.182436481/31/3 1/3 2020279,576,000279,576,000279,576,000 20213222021A3530202132221.182436481/31/3 1/3351 20216,226,9206,226,9206,226,920 202010,028,999 20219292021A122021122,0022,584,0022,584,002 20211231273,189,919273,189,919 202214,483,492 20229282022A202191142022122,0032,584,0242,584,024 20227820222020A20227254,359,42884,267,74384,267,743 20221231171,854,660171,854,660 202315,697,613 1 202310172023A20229297202336,002762,522762,522 2023552023A202352696,6671,868,5731,868,57320237102023A20237244,328,70275,882,14675,882,146 2023123177,643,80677,643,806 20248,665,060 20245162024A202452796,6661,694,5551,694,55520247162024A20247244,235,86365,782,95265,782,952 202412311,501,2391,501,239 2025212,667 2025520A202553095,0001,266,3501,266,350 202563022,22222,222 202511630195,413191,2054,20820241163023,201,354460,981 2202511630 3 202563020241231 2 2025630 1 2025328202557100%66,500 2 20253281,000,000,000 1 (1) (2) 1 (2) 2024116302024630 (3) 1 (4) 202511630202563020241231 1 1 (2) 2025630 1 (3) (4) 202511630202411630 2 202563020241231 2 2.3 2 2.3 (4) 42,864 (5)36,63636,636 (6) 3 (1) (1) 4 120251163092,285 2202511630 5 (1) 5 (3) 6 4 20231(2023)(20231)20231 20231 2 9(2010) 20251,9040.3%2,000 2025473.22.