有着"假发第一股"之称的瑞贝卡，还没走出转型阵痛。 据河南瑞贝卡发制品股份有限公司（以下简称"瑞贝卡"）发布的2025年业绩预告，经初步测算，预计全年实现归 母净利润-7000万元至-6000万元，虽然与2024年同期相比，亏损幅度有所收窄，但在扭亏为盈的路上，"假发大 王"还存在营销费用投入较大、依赖海外市场等多重隐忧。 连续两年归母净利润亏损，对美线下销售下滑 全球每10顶假发，就有6顶来自河南许昌。 在这里，"假发大王"瑞贝卡是个不容忽视的存在。公司的前身可以追溯至1990年创建的许昌县发制品总厂；1993 年，中美合资成立河南瑞贝卡发制品有限公司；1999年，公司完成股份制改造；凭借产业链优势，瑞贝卡于2003 年在上交所上市，成为国内"假发第一股"。 上市以来，瑞贝卡的业绩一度快速增长。2011年，该公司营收达到22.64亿元的高峰，同比增幅约12.94%，归母净 利润也同比增长38.39%至2.46亿元。 彼时，面对劳动力成本攀升、原材料价格上涨等诸多因素带来的不利影响，瑞贝卡称，公司"通过积极实施产品结 构大调整、产品大升级、市场大开发等措施，化不利为有利，确保了经营业绩的稳定增长。"此后，瑞贝 ...

Market Overview - The jewelry sector experienced a slight decline of 0.03% on February 4, with China Gold leading the drop [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] Individual Stock Performance - Notable gainers included: - Caizhi Co., Ltd. (605599) with a closing price of 25.23, up 5.43% and a trading volume of 305,900 shares, totaling 773 million yuan [1] - Shenhua A (000017) closed at 7.53, up 1.62% with a trading volume of 178,300 shares, totaling 134 million yuan [1] - Major decliners included: - China Gold (600916) closed at 12.17, down 6.31% with a trading volume of 2,423,000 shares [2] - Xinghua Jewelry (002731) closed at 11.05, down 0.90% with a trading volume of 307,700 shares [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 465 million yuan from institutional investors, while retail investors contributed a net inflow of 464 million yuan [2] - The main capital flow for selected stocks showed: - Zhou Dazheng (002867) had a net inflow of 15.87 million yuan from institutional investors, while retail investors had a net outflow of 608,600 yuan [3] - Diya Co., Ltd. (301177) experienced a net inflow of 7.01 million yuan from institutional investors, with a net outflow of 68,700 yuan from retail investors [3]

Market Overview - The jewelry sector increased by 2.75% on February 3, with Cai Bai Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up 1.29%, while the Shenzhen Component Index closed at 14127.1, up 2.19% [1] Stock Performance - Cai Bai Co., Ltd. (605599) closed at 23.93, up 10.02% with a trading volume of 125,100 shares and a transaction value of 292 million [1] - ST XinHuaJin (600735) closed at 6.33, up 4.98% with a trading volume of 195,800 shares and a transaction value of 122 million [1] - Chao Hong Ji (002345) closed at 12.70, up 4.44% with a trading volume of 214,600 shares and a transaction value of 268 million [1] - Man Ka Long (300945) closed at 19.33, up 4.26% with a trading volume of 349,200 shares and a transaction value of 665 million [1] - Other notable stocks include Shen Zhonghua A (000017) at 7.41, up 4.07%, and Mingpai Jewelry (002574) at 6.47, up 3.69% [1] Capital Flow - The jewelry sector experienced a net outflow of 555 million from institutional investors, while retail investors saw a net inflow of 392 million [2] - The net inflow from speculative funds was 162 million [2] Individual Stock Capital Flow - Cai Bai Co., Ltd. had a net inflow of 65.33 million from institutional investors, but a net outflow of 46.25 million from retail investors [3] - Zhou Da Sheng (002867) had a net inflow of 13.05 million from institutional investors, with a net outflow of 7.68 million from retail investors [3] - Lao Feng Xiang (600612) saw a net inflow of 12.57 million from institutional investors, while retail investors had a net outflow of 17.84 million [3] - Other stocks like ST XinHuaJin and Di A Co., Ltd. also showed varied capital flows with both inflows and outflows from different investor types [3]

Group 1 - The core point of the article is that Henan Ruibeka Hair Products Co., Ltd. has announced a forecast for its 2025 annual performance, expecting a net loss for the year, although the loss is projected to narrow compared to the previous year [1] Group 2 - As of January 30, 2026, Ruibeka's stock closed at 2.82 yuan, down 3.42% from the previous trading day, with a total market value of 3.192 billion yuan [1] - The company anticipates a net profit attributable to shareholders of the parent company to be between -70 million yuan and -60 million yuan for 2025, indicating a reduction in loss compared to the previous year [1] - The expected net profit, excluding non-recurring gains and losses, is projected to be between -69.9 million yuan and -59.9 million yuan, also reflecting a narrowing of losses [1] - The anticipated losses are primarily attributed to the impact of the US-China trade war on traditional sales, significant investments in cross-border e-commerce that have yet to become profitable, fluctuations in the US dollar exchange rate leading to foreign exchange losses, and the provision for asset impairment [1] - The company plans to optimize its business structure and strengthen cost control measures [1] - The performance forecast is unaudited, and specific figures will be confirmed in the official annual report [1]

证券代码：600439 证券简称：瑞贝卡 公告编号：临 2026-001 河南瑞贝卡发制品股份有限公司 2025 年年度业绩预告 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。 重要内容提示： ● 业绩预告的具体适用情形：净利润为负值。 ● 经初步测算，预计 2025 年度实现归属于母公司所有者的净利润为-7,000 万元到-6,000 万元，与上年同期归属于母公司所有者的净利润－11,761.92 万元 相比，预计减亏 4,761.92 到 5,761.92 万元，亏损幅度收窄。 一、本期业绩预告情况 （一）业绩预告期间 2025 年 1 月 1 日至 2025 年 12 月 31 日。 （二）业绩预告情况 经财务部门初步测算，预计 2025 年度实现归属于母公司所有者的净利润为 -7,000 万元到-6,000 万元,与上年同期归属于母公司所有者净利润-11,761.92 万元相比，预计减亏 4,761.92 万元到 5,761.92 万元，亏损幅度收窄。 预计 2025 年度实现归属于母公司所有者的扣除非经常性损益 ...

南财智讯1月30日电，瑞贝卡发布年度业绩预告，预计2025年全年归属于上市公司股东的净利润为-6000 万元至-7000万元；预计2025年全年归属于上市公司股东的扣除非经常性损益的净利润为-6990万元 至-5990万元。报告期，中美贸易战对公司美国传统线下销售构成不利影响，公司加大了跨境电商拓展 力度，跨境电商销售虽增长明显，但仍处于发展阶段，营销费用投入较大，盈利未达预期；2025年末美 元对人民币汇率较大波动，形成公司汇兑损失；公司根据谨慎性原则，拟对部分资产计提减值准备。 ...

Market Overview - The jewelry sector experienced a decline of 1.39% on January 29, with Cuihua Jewelry leading the drop [1] - The Shanghai Composite Index closed at 4157.98, up 0.16%, while the Shenzhen Component Index closed at 14300.08, down 0.3% [1] Individual Stock Performance - China Gold (600916) saw a significant increase of 10.02%, closing at 13.50 with a trading volume of 482,700 shares and a turnover of 652 million yuan [1] - Diya Shares (301177) rose by 2.66%, closing at 39.79 with a trading volume of 156,900 shares and a turnover of 647 million yuan [1] - Other notable declines included: - Happiness Jewelry (002731) down 10.03% [2] - Chao Hong Ji (002345) down 9.79% [2] - ST Xin Hua Jin (600735) down 4.99% [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 419 million yuan from institutional investors, while retail investors had a net inflow of 448 million yuan [2] - The capital flow for individual stocks showed: - China Gold had a net inflow of 182 million yuan from institutional investors [3] - ST Xin Hua Jin experienced a significant net outflow of 31.94 million yuan from institutional investors [3] - Retail investors contributed a net inflow of 4.87 million yuan to Cai Zi Shares (6655299) [3]

Market Overview - The jewelry sector experienced a decline of 1.06% on January 27, with Chao Hong Ji leading the drop [1] - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] Individual Stock Performance - China Gold (600916) saw a significant increase of 9.96%, closing at 11.15 with a trading volume of 2.4225 million shares and a turnover of 2.658 billion [1] - Other notable performers included Man Ka Long (300945) with a rise of 1.88% and a turnover of 1.07 billion, while several stocks like ST Xin Hua Jin (600735) and Ming Pai Jewelry (002574) experienced declines of 1.32% and 1.34% respectively [1] - Chao Hong Mu (002345) led the declines in the sector with a drop of 4.88%, closing at 14.03 with a turnover of 407 million [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 205 million from main funds, while retail investors contributed a net inflow of 1.95 billion [2] - The main funds showed a negative net flow in several stocks, including Chao Hong Mu and Jin Yi Culture, indicating a shift in investor sentiment [3] - Retail investors were more active in stocks like Fei Ya Da (000026) and Jin Yi Culture (002721), with significant net inflows [3]

Core Viewpoint - The jewelry sector experienced a significant increase of 4.34% on January 23, with Jin Yi Culture leading the gains [1] Group 1: Market Performance - The Shanghai Composite Index closed at 4136.16, up 0.33% [1] - The Shenzhen Component Index closed at 14439.66, up 0.79% [1] - Key stocks in the jewelry sector showed notable price increases, with Jin Yi Culture rising by 10.06% to a closing price of 3.61 [1] Group 2: Stock Performance - China Gold (600916) increased by 10.02% to a closing price of 9.22, with a trading volume of 146.10 million [1] - Chao Hong Ji (002345) rose by 7.42% to a closing price of 14.33, with a trading volume of 34.21 million [1] - ST Xin Hua Jin (600735) saw a 5.00% increase, closing at 6.51, with a trading volume of 8.97 million [1] Group 3: Capital Flow - The jewelry sector saw a net inflow of 5.11 billion in main funds, while retail investors experienced a net outflow of 2.07 billion [1] - Major stocks like China Gold had a main fund net inflow of 4.05 million, but retail investors had a net outflow of 1.80 million [2] - Jin Yi Culture had a main fund net inflow of 1.79 million, with retail investors showing a net outflow of 9.38 million [2]

Market Overview - The jewelry sector experienced a decline of 0.65% on January 22, with Mankalon leading the drop [1] - The Shanghai Composite Index closed at 4122.58, up 0.14%, while the Shenzhen Component Index closed at 14327.05, up 0.5% [1] Individual Stock Performance - ST Xinhua Jin (600735) saw a closing price of 6.20, with an increase of 5.08% and a trading volume of 21,200 shares, totaling 13.12 million yuan [1] - Mingpai Jewelry (002574) closed at 6.41, up 1.91%, with a trading volume of 441,000 shares and a turnover of 280 million yuan [1] - Ruibeka (600439) closed at 2.90, up 1.40%, with a trading volume of 225,200 shares and a turnover of 64.79 million yuan [1] - Mankalon (300945) led the decline with a closing price of 17.94, down 4.06%, and a trading volume of 221,800 shares, totaling 396 million yuan [2] Capital Flow Analysis - The jewelry sector experienced a net outflow of 196 million yuan from institutional investors, while retail investors saw a net inflow of 141 million yuan [2] - The main capital inflow and outflow for individual stocks showed varied trends, with Ruibeka experiencing a net inflow of 6.76 million yuan from institutional investors [3] - ST Xinhua Jin had a net inflow of 5.10 million yuan from institutional investors, while it faced a net outflow of 2.88 million yuan from speculative funds [3]