Core Viewpoint - Ying Tong Holdings (06883) reported a mixed performance in its interim results, with a slight decline in total revenue but an increase in net profit, indicating resilience in a challenging market environment [1] Financial Performance - Total revenue for the period ending September was approximately 1.028 billion RMB, representing a year-on-year decrease of about 3.4% [1] - Net profit reached 133 million RMB, showing a year-on-year increase of approximately 15.3% [1] - The company plans to declare an interim dividend of 4.6 HK cents per share and a special dividend of 3.4 HK cents per share [1] Market Position and Outlook - Ying Tong Holdings is recognized as a leading high-end perfume brand management company in China [1] - Huatai Securities has issued a report suggesting that the company is likely to benefit from the recovery in high-end consumption and the increasing penetration rate of perfumes and fragrances, which will drive demand growth [1] - On the supply side, the company is expanding its multi-brand strategy across various channels, which allows for broad product coverage [1] - There remains potential for growth in markets below first-tier cities [1] - The company plans to continue expanding its brand matrix and strengthen its leading position, with a focus on self-operated retail stores and proprietary brands, which are expected to create new revenue and profit growth points [1]

Core Viewpoint - Ying Tong Holdings (06883) reported a mixed performance in its interim results, with a slight decline in total revenue but an increase in net profit, indicating resilience in a recovering high-end consumer market [1] Financial Performance - Total revenue for the period ending September was approximately 1.028 billion RMB, representing a year-on-year decrease of about 3.4% [1] - Net profit reached 133 million RMB, showing a year-on-year increase of approximately 15.3% [1] - The company plans to declare an interim dividend of 4.6 HK cents per share and a special dividend of 3.4 HK cents per share [1] Market Position and Outlook - Ying Tong Holdings is recognized as a leading high-end perfume brand management company in China [1] - Huatai Securities forecasts that the company will benefit from the recovery in high-end consumption and the increasing penetration of perfumes and fragrances, leading to demand growth [1] - The company is expanding its multi-brand strategy across various channels, with significant growth potential in markets below first-tier cities [1] - Future plans include expanding the brand matrix and focusing on self-operated retail stores and proprietary brands, which are expected to create new revenue and profit growth points [1]

Core Viewpoint - The report from Credit Lyonnais highlights the focus on opportunities in the segmented development of the Chinese consumer sector, with expectations of recovery driven by relaxed monetary policy, improved stock market conditions, and increased offshore financing [1] Group 1: Consumer Sector Outlook - The outlook for the Chinese consumer sector emphasizes the recovery of high-end consumption, supported by favorable monetary policies and market conditions [1] - Credit Lyonnais predicts that consumer sentiment and CPI data will remain moderate, allowing companies to capture opportunities in market segmentation and global expansion [1] Group 2: Preferred Stocks - The report identifies three preferred stocks: Anta Sports (02020), Yue Yuen Industrial (00551), and Samsonite (01910), with Yue Yuen's target price raised from HKD 16 to HKD 18 [1] - The firm also suggests monitoring the earnings improvement of Li Ning (02331), Yingtong Holdings (06883), and China Duty Free Group (601888) (01880) [1] Group 3: Industry-Specific Predictions - Credit Lyonnais forecasts a 3% to 4% year-on-year growth in China's sportswear retail sales for the coming year, attributing this to major brands optimizing retail channels and enhancing product functionality [1] - The cosmetics industry is expected to see low to mid-single-digit growth in the next year [1] - In the gold and jewelry sector, while price increases may offset VAT cost pressures, retail jewelers' sales are still anticipated to be affected [1] - In the collectible toy segment, the next catalyst for Pop Mart (09992) may come from IP developments beyond Labubu [1]

Group 1 - The core viewpoint of the report is that the Chinese consumer sector is expected to focus on opportunities in niche markets and high-end consumption, benefiting from relaxed monetary policy, improved stock market conditions, and increased offshore financing [1] - The report predicts that consumer sentiment and CPI data will remain moderate, with companies poised to capture opportunities in market scaling, globalization, and the recovery of high-end consumption [1] - The report highlights three preferred stocks: Anta Sports (02020), Yue Yuen Industrial (00551), and Samsonite (01910), with Yue Yuen's target price raised from HKD 16 to HKD 18 [1] Group 2 - The forecast for China's sports apparel retail sales is a year-on-year growth of 3% to 4% for next year, with major brands optimizing retail channels and enhancing product functionality [1] - The cosmetics industry is expected to see low to mid-single-digit growth next year [1] - In the gold and jewelry sector, while product price increases may offset VAT cost pressures, retail jewelry sales volume is still expected to be affected [1] Group 3 - In the collectible toy sector, the next catalyst for Pop Mart (09992) may come from IP development beyond Labubu [1] - Investors are also advised to pay attention to the earnings improvement of Li Ning (02331), Yingtong Holdings (06883), and China Duty Free Group (01880) [1]

每经AI快讯，颖通控股(06883.HK)跌超7%，截至发稿，跌7.31%，报2.03港元，成交额1790.93万港元。 （文章来源：每日经济新闻） ...

消息面上，颖通控股发布截至2025年9月30日止六个月业绩，该集团期内取得收入10.28亿元人民币，同 比减少3.42%；期内溢利1.33亿元，同比增加15.4%；每股基本盈利11.3分。公告指，收入下跌主要由于 实施严格的价格控制以在严峻的市场环境中维持公司的竞争地位；及出售附属公司，精简营运，使集团 专注于具更大增长潜力的核心品牌。 颖通控股(06883)跌超7%，截至发稿，跌7.31%，报2.03港元，成交额1790.93万港元。 ...

消息面上，颖通控股发布截至2025年9月30日止六个月业绩，该集团期内取得收入10.28亿元人民币，同 比减少3.42%；期内溢利1.33亿元，同比增加15.4%；每股基本盈利11.3分。公告指，收入下跌主要由于 实施严格的价格控制以在严峻的市场环境中维持公司的竞争地位；及出售附属公司，精简营运，使集团 专注于具更大增长潜力的核心品牌。 智通财经APP获悉，颖通控股(06883)跌超7%，截至发稿，跌7.31%，报2.03港元，成交额1790.93万港 元。 ...

颖通控股(06883)发布公告，董事会于2025年11月28日成立环境、社会及管治委员会(委员会)。 委员会的设立旨在协助董事会管理与本集团环境、社会及管治(ESG)相关的所有事宜，包括但不限于制 定并审视本集团的ESG政策;识别与ESG相关的风险及机遇;监督本公司ESG目标的制定、相应规划、实 施及成效。 ...

委员会的设立旨在协助董事会管理与本集团环境、社会及管治(ESG)相关的所有事宜，包括但不限于制 定并审视本集团的ESG政策;识别与ESG相关的风险及机遇;监督本公司ESG目标的制定、相应规划、实 施及成效。 智通财经APP讯，颖通控股(06883)发布公告，董事会于2025年11月28日成立环境、社会及管治委员会 (委员会)。 ...

Core Viewpoint - Ying Tong Holdings (06883) announced a special dividend of HKD 0.034 per share for the six months ending September 30, 2025, to be distributed on December 30, 2025 [1] Summary by Category - **Company Announcement** - Ying Tong Holdings will distribute a special dividend of HKD 0.034 per share [1]