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专家推算东风61射程可达12000公里

“奶茶第一股”香飘飘困局：业绩两连降、多元化遇挫，员工持股行权“套牢”高管_蜘蛛资讯网

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　数据显示，2025年前三季度，香飘飘冲泡类产品销售收入为8.22亿元，同比下降25.96%，下滑幅度远超即饮业务的增速。与此同时，即饮赛道的竞争日益激烈，农夫山泉、康师傅等传统巨头凭借供应链和渠道优势低价渗透，元气森林等新锐品牌以差异化创新切入细分场景，香飘飘即饮业务的毛利率远低于冲泡业务，盈利水平有限，难以成为公司的核心盈利支柱。　　此外，香飘飘为推动即饮业务发展，投入了大量营销费用，2025

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