对柳州两面针股份有限公司 2024 年年报问询函的回复 上海证券交易所： 柳州两面针股份有限公司（以下简称"两面针"或"公司"）收到了贵所于 2025 年 5 月 27 日下发的《关于柳州两面针股份有限公司 2024 年年度报告的信息披露监管问询 函》(上证公函【2025】0656 号，以下简称"《问询函》")，两面针将问询函转给了本所， 本所对问询函中由年审会计师发表核查意见之部分进行了认真研究和落实，现就问询函 中由年审会计师发表核查意见之部分说明如下： 1、关于货币资金。年报披露，报告期末公司货币资金 12.73 亿元，占总资产比重 46.78%，短期借款 0.90 亿元，同比增加 55.17%。公司在持有大额现金的同时新增短期 借款。 请公司：（1）补充披露主要货币资金存放情况，包括存放机构、金额、账户性质、 利率等；（2）结合月度日均货币资金规模、利率水平，分析说明利息收入和货币资金 规模的匹配性；（3）结合短期借款规模变动情况、利率水平等，说明公司在货币资金 较多的情况下对外新增借款的原因及合理性；（4）自查并说明货币资金是否存在其他 潜在限制性安排，是否存在质押货币资金或存单为控股股东或其他关联 ...

证券代码：600249 证券简称：两面针 公告编号：临2025-026 柳州两面针股份有限公司 关于 2024 年年度报告的信息披露监管 问询函的回复公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 柳州两面针股份有限公司（以下简称"公司"）于近日收到上海证券交易所 向公司发送的《关于柳州两面针股份有限公司 2024 年年度报告的信息披露监管问 询函》（上证公函【2025】0656 号）（以下简称"《问询函》"），公司及中喜 会计师事务所（特殊普通合伙）（以下简称"年审会计师"）就《问询函》关注 的问题逐项进行认真核查，现就《问询函》相关问题回复如下： 1、关于货币资金。年报披露，报告期末公司货币资金 12.73 亿元，占总资产 比重 46.78%，短期借款 0.90 亿元，同比增加 55.17%。公司在持有大额现金的同 时新增短期借款。 请公司：（1）补充披露主要货币资金存放情况，包括存放机构、金额、账户 性质、利率等；（2）结合月度日均货币资金规模、利率水平，分析说明利息收入 和货币资金规模的匹配性；（3）结合短 ...

Market Overview - The Shanghai Composite Index fell by 0.44% on June 10, with six industries experiencing gains, led by the beauty and personal care sector, which rose by 1.10% [1] - The banking sector also saw an increase of 0.48%, while the defense and military industry and the computer sector faced declines of 1.97% and 1.87%, respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 45.141 billion yuan, with five industries seeing net inflows [1] - The banking sector had the highest net inflow of 871 million yuan, followed by the public utilities sector, which experienced a slight decline of 0.04% but had a net inflow of 822 million yuan [1] - A total of 26 industries experienced net capital outflows, with the electronics sector leading with an outflow of 7.532 billion yuan, followed by the computer sector with an outflow of 7.427 billion yuan [1] Beauty and Personal Care Sector - The beauty and personal care industry saw a rise of 1.10% with a net capital inflow of 63.98 million yuan [2] - Out of 31 stocks in this sector, 21 stocks increased in value, with two hitting the daily limit, while eight stocks declined [2] - The top three stocks with significant net inflows included Qingdao Kingway with 68.51 million yuan, Huaye Fragrance with 42.32 million yuan, and Haoyue Care with 16.43 million yuan [2] Individual Stock Performance - The top performers in the beauty and personal care sector included: - Qingdao Kingway: +3.41% with a turnover rate of 35.94% and a net inflow of 68.51 million yuan [2] - Huaye Fragrance: +20.00% with a turnover rate of 33.27% and a net inflow of 42.32 million yuan [2] - Haoyue Care: +6.82% with a turnover rate of 3.23% and a net inflow of 16.43 million yuan [2] - Conversely, the stocks with the highest net outflows included: - Shuiyang Co.: -5.71% with a net outflow of 23.91 million yuan [3] - Liangmian Needle: 0.00% with a net outflow of 17.31 million yuan [3] - Furuida: -0.71% with a net outflow of 17.14 million yuan [3]

Core Viewpoint - The company, Liuzhou Two-Sided Needle Co., Ltd., is under scrutiny regarding its financial disclosures, particularly concerning its cash management, interest income, and borrowing practices, as highlighted in the inquiry from the Shanghai Stock Exchange [1][4][21]. Financial Disclosure and Cash Management - The company is required to disclose details about its cash holdings, including the institutions where funds are stored, amounts, account types, and interest rates [1][2]. - The total cash holdings amount to approximately 1.27 billion yuan, with interest income reported at 40.72 million yuan, reflecting an average annual interest rate of 3.26% [2][3]. - The company has a significant amount of cash but has also taken on new short-term borrowings, which raises questions about the rationale behind this borrowing given the cash reserves [3][4]. Borrowing Practices - The company has taken out loans totaling 65 million yuan from various banks, with interest rates ranging from 2.60% to 4.15% [3][4]. - The rationale for new borrowings includes taking advantage of government subsidies and maintaining good relationships with financial institutions for future financing needs [3][4]. Industry Context and Competitive Position - The company operates primarily in the daily chemical products sector, focusing on oral care products and hotel supplies, with a significant portion of revenue derived from these segments [6][8]. - The overall industry is experiencing growth, driven by increasing consumer awareness of oral health and rising disposable incomes, although the company faces challenges such as rising operational costs and intense competition [8][9]. - The company's main products include household toothpaste and hotel toiletries, with the household segment contributing significantly to revenue [8][16]. Financial Performance and Profitability - The company's revenue for 2024 is reported at 1.05 billion yuan, with a gross margin of 16.69%, which is lower than competitors in the industry [6][8][17]. - The company has been struggling with profitability, primarily due to high sales and management expenses, which have increased significantly compared to revenue growth [6][14]. - The company plans to improve its profitability through various strategies, including enhancing product quality, optimizing product structure, and expanding market reach [18][19]. Advertising and Marketing Expenses - The company's advertising expenses for 2024 are reported at 113 million yuan, accounting for 10.73% of total revenue, which is lower than some competitors [14][20]. - The company has detailed its advertising expenditures, ensuring that there are no funds flowing to related parties, which is a point of scrutiny in the inquiry [20][21].

Core Viewpoint - The company received an inquiry letter from the Shanghai Stock Exchange regarding its 2024 annual report, prompting a detailed response about its financial disclosures and operational performance [1][4]. Financial Performance - The company reported a total revenue of 1.053 billion yuan for 2024, with the daily chemical products segment contributing approximately 929 million yuan, accounting for about 88.22% of total revenue [6][14]. - The gross profit margin for the main daily chemical products was 13.84%, which remained relatively stable year-on-year [4][14]. - The company has faced continuous net profit losses or minimal profits since 2004, indicating ongoing challenges in achieving sustainable profitability [4][6]. Cash and Borrowing Situation - The company held a significant cash balance of 1.142 billion yuan, with short-term borrowings increasing by 55.17% year-on-year to 90 million yuan [1][2]. - The average interest income from cash holdings was reported at 40.72 million yuan, with an average annual interest rate of 3.26% [3][4]. - The company justified its decision to increase short-term borrowings despite having substantial cash reserves, citing favorable borrowing rates and the need to maintain good relationships with financial institutions for future financing needs [3][4]. Industry Context - The daily chemical industry is experiencing steady growth, driven by increasing consumer awareness of oral health and rising disposable incomes, which are expected to enhance spending in this sector [6][8]. - The hotel supplies segment, operated by the subsidiary, is benefiting from the booming tourism industry, although it faces challenges such as rising costs and intense market competition [8][14]. - The company’s main products include household toothpaste and hotel consumables, with the household toothpaste segment being the largest contributor to revenue [6][14]. Competitive Landscape - The company’s gross profit margin is lower than that of competitors like Dongkang Oral Care, which has a higher market share and profitability in the oral care segment [15][16]. - The company plans to enhance its market position by focusing on product innovation, brand building, and expanding its sales channels both online and offline [16][17]. - The competitive environment in the daily chemical industry is intensifying, with new entrants and evolving consumer preferences posing additional challenges [17].

对柳州两面针股份有限公司 2024 年年报问询函的回复 上海证券交易所： 柳州两面针股份有限公司（以下简称"两面针"或"公司"）收到了贵所于 2025 年 5 月 27 日下发的《关于柳州两面针股份有限公司 2024 年年度报告的信息披露监管问询 函》(上证公函【2025】0656 号，以下简称"《问询函》")，两面针将问询函转给了本所， 本所对问询函中由年审会计师发表核查意见之部分进行了认真研究和落实，现就问询函 中由年审会计师发表核查意见之部分说明如下： 1、关于货币资金。年报披露，报告期末公司货币资金 12.73 亿元，占总资产比重 46.78%，短期借款 0.90 亿元，同比增加 55.17%。公司在持有大额现金的同时新增短期 借款。 请公司：（1）补充披露主要货币资金存放情况，包括存放机构、金额、账户性质、 利率等；（2）结合月度日均货币资金规模、利率水平，分析说明利息收入和货币资金 规模的匹配性；（3）结合短期借款规模变动情况、利率水平等，说明公司在货币资金 较多的情况下对外新增借款的原因及合理性；（4）自查并说明货币资金是否存在其他 潜在限制性安排，是否存在质押货币资金或存单为控股股东或其他关联 ...

证券代码：600249 证券简称：两面针 公告编号：临2025-026 柳州两面针股份有限公司 关于 2024 年年度报告的信息披露监管 问询函的回复公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 柳州两面针股份有限公司（以下简称"公司"）于近日收到上海证券交易所 向公司发送的《关于柳州两面针股份有限公司 2024 年年度报告的信息披露监管问 询函》（上证公函【2025】0656 号）（以下简称"《问询函》"），公司及中喜 会计师事务所（特殊普通合伙）（以下简称"年审会计师"）就《问询函》关注 的问题逐项进行认真核查，现就《问询函》相关问题回复如下： 1、关于货币资金。年报披露，报告期末公司货币资金 12.73 亿元，占总资产 比重 46.78%，短期借款 0.90 亿元，同比增加 55.17%。公司在持有大额现金的同 时新增短期借款。 请公司：（1）补充披露主要货币资金存放情况，包括存放机构、金额、账户 性质、利率等；（2）结合月度日均货币资金规模、利率水平，分析说明利息收入 和货币资金规模的匹配性；（3）结合短 ...

证券代码：600249 证券简称：两面针 公告编号：2025-025 柳州两面针股份有限公司 关于召开2024年年度股东大会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024年年度股东大会 至2025 年 6 月 26 日 股东大会召开日期：2025年6月26日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网 络投票系统 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投 票相结合的方式 (四) 现场会议召开的日期、时间和地点 采用上海证券交易所网络投票系统，通过交易系统投票平台的投 票时间为股东大会召开当日的交易时间段，即 9:15-9:25,9:30-11:30， 13:00-15:00；通过互联网投票平台的投票时间为股东大会召开当日的 9:15-15:00。 (六) 融资融券、转融通、约定购回业务账户和沪股通投资者的投票程 序 涉及融资融券、转融通业务、约定购回业务相关账户以及沪股通 投资者的投票，应按照《上海证券 ...

沪指5月22日下跌0.22%，申万所属行业中，今日上涨的有3个，涨幅居前的行业为银行、传媒、家用电 器，涨幅分别为1.00%、0.12%、0.04%。跌幅居前的行业为美容护理、社会服务，跌幅分别为2.03%、 1.80%。美容护理行业位居今日跌幅榜首位。 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 002094 | 青岛金王 | 6.60 | 38.89 | 49250.10 | | 600249 | 两面针 | 4.83 | 22.21 | 16705.65 | | 001328 | 登康口腔 | 2.73 | 14.01 | 2803.29 | | 688363 | 华熙生物 | -1.01 | 1.08 | 1449.76 | | 002511 | 中顺洁柔 | -0.14 | 1.34 | 1289.38 | | 300886 | 华业香料 | -5.41 | 21.25 | 262.17 | | 300955 | 嘉亨家化 | 3.58 | 24.50 | 122.21 | | 30 ...

Group 1 - The beauty and personal care sector has experienced a significant surge, with stocks such as Two-faced Needle (600249) hitting the daily limit up [1] - Other companies in the sector, including Jiaheng Home Care (300955), Lafang Home Care (603630), Huaye Fragrance (300886), Furida (600223), and Shuiyang Co. (300740), have also seen notable increases in their stock prices [1] - There is a noticeable influx of dark pool capital into these stocks, indicating strong investor interest [1]