证券日报网讯 9月5日晚间，爱婴室发布公告称，公司2025年第二次临时股东会审议通过了《关于修订< 信息披露管理制度> 的议案》《关于制定2025年度中期利润分配预案的议案》。 （文章来源：证券日报） ...

证券代码：603214 证券简称：爱婴室 公告编号：2025-050 上海爱婴室商务服务股份有限公司 2025年第二次临时股东会决议公告 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法律责任。 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东会召开的时间：2025 年 9 月 5 日 本次股东会由上海爱婴室商务服务股份有限公司董事会召集，采用现场投票 和网络投票相结合的方式表决，现场会议由公司董事长施琼先生主持。本次会议 的召集、召开及表决方式均符合《公司法》《公司章程》的相关规定。 (五)公司董事和董事会秘书的出席情况 1、 公司在任董事7人，出席7人； 2、 董事会秘书高岷出席；财务副总裁龚叶婷、副总裁王晓思列席会议。 二、 议案审议情况 (一)非累积投票议案 1、 议案名称：《关于修订<信息披露管理制度>的议案》 (二)股东会召开的地点：上海市浦东新区杨高南路 99 弄 1 号保利浦开金融中心 T1-6F 爱婴室 1 号会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： ...

关于上海爱婴室商务服务股份有限公司 北京市时代九和律师事务所 2025 年第二次临时股东会之法律意见书 致：上海爱婴室商务服务股份有限公司 北京市时代九和律师事务所（以下简称"本所"）接受上海爱婴室商务服务 股份有限公司（以下简称"公司"）委托，指派谢淮桉律师和包兴静律师列席了 公司 2025 年第二次临时股东会（以下简称"本次股东会"），就本次股东会的 相关事项进行见证，并出具法律意见书。 本法律意见书根据《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规 则》（2025 修订）（以下简称"《股东会规则》"）等相关法律法规、规范性 文件以及《上海爱婴室商务服务股份有限公司章程》（以下简称"《公司章程》"） 的规定出具。 为出具本法律意见书，本所律师审查了公司提供的与本次股东会有关的文件、 资料及相关材料。本所律师出具本法律意见书基于公司向本所律师提供的一切原 始文件、副本材料均真实、准确、完整、有效，不存在虚假记载、误导性陈述或 者重大遗漏，有关文件的印章和签字均真实、有效，有关副本、复印件等材料均 与正本或原始材料一致。 在本法律意 ...

证券之星消息，9月5日专业连锁板块较上一交易日上涨1.46%，吉峰科技领涨。当日上证指数报收于 3812.51，上涨1.24%。深证成指报收于12590.56，上涨3.89%。专业连锁板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 300022 | 吉峰科技 | 8.53 | 3.77% | 25.27万 | | 2.12亿 | | 002416 | 爰施德 | 12.06 | 2.81% | 25.22万 | | 3.00亿 | | 300622 | 博士眼鏡 | 34.96 | 2.28% | - 10.96万 | | 3.78亿 | | 000829 | 天音控股 | 9.90 | 2.06% | 16.58万 | | 1.62亿 | | 300755 | 华致酒行 | 17.63 | 1.32% | 6.65万 | | 1.15亿 | | 603214 | 爱婴室 | 18.92 | 0.16% | 5.87万 | | 1.10亿 | | 30107 ...

投资建议：我们认为，公司持续推新内生门店整合、调优，当前门店调整接近尾声，盈利能力已经基本 企稳，旗下自有品牌扎实推进，有望强化供应链实力和门店盈利水平。在此基础上，携手万代热门IP 创造新的成长曲线，目前高达基地和万代拼装模型店正逐步落地，有望提供盈利端的新增量。预计 2025-2027 年EPS 分别为0.94、1.14、1.40 元，维持"买入"评级。 风险提示 单二季度毛利率企稳、销售费用率下降，公司盈利端有所改改善。公司单季度实现营业收入9.76 亿元， 同比增长10%，毛利率为27.77%，同比上年基本持平，二季度销售费用率为18.31%，同比下降0.98 个百 分点，管理费率为3.24%，同比上升0.28 个百分点，财务费率同比有所下降，单二季度公司扣非净利润 增速高于收入增速，盈利能力优化，毛利率的企稳和销售费率的下降，是单二季度公司经营性盈利能力 提升的主因。 事件描述 1、消费者习惯变化、渠道分流； 公司披露2025 年中报，2025 年上半年18.35 亿元，同比增长8.31%，归母净利润0.47 亿元，同比增长 10.17%。单二季度，公司实现营业收入9.76 亿元，同比增长9.89% ...

丨证券研究报告丨 公司研究丨点评报告丨爱婴室（603214.SH） [Table_Title] 爱婴室 2025 年中报点评：单二季度经营性盈利 能力优化 报告要点 %% %% research.95579.com 1 [Table_Summary] 公司披露 2025 年中报，2025 年上半年 18.35 亿元，同比增长 8.31%，归母净利润 0.47 亿元， 同比增长 10.17%。单二季度，公司实现营业收入 9.76 亿元，同比增长 9.89%，归母净利润 0.4 亿元，同比增长 10.87%，扣非归母净利润为 0.34 亿元，同比增长 20.98%。 分析师及联系人 [Table_Author] 李锦 罗祎 SAC：S0490514080004 SAC：S0490520080019 SFC：BUV258 请阅读最后评级说明和重要声明 %% %% 爱婴室（603214.SH） cjzqdt11111 [Table_Title 爱婴室 20252]年中报点评：单二季度经营性盈利 能力优化 [Table_Summary2] 事件描述 公司披露 2025 年中报，2025 年上半年 18.35 亿元，同比 ...

证券之星消息，9月3日专业连锁板块较上一交易日下跌2.84%，吉峰科技领跌。当日上证指数报收于 3813.56，下跌1.16%。深证成指报收于12472.0，下跌0.65%。专业连锁板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入 (元) | | 游资净占比 散户净流入 (元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 300755 华致酒行 | | > 561.21万 | 3.09% | 468.14万 | 2.58% | -1029.36万 | -5.67% | | 603214 | 爱婴室 | -775.31万 | -9.12% | -150.01万 | -1.76% | 925.32万 | 10.89% | | 300022 吉峰科技 | | -1015.45万 | -7.17% | 2026.81万 | 14.32% | -1011.37万 | -7.15% | | 000829 天音控股 | | -1873.63万 | -8.89% | 660.38万 | 3.13% | ...

Fixed Income - August PMI data shows manufacturing PMI contraction slowing down, while service sector sentiment significantly rebounds, with manufacturing PMI at 49.4%, up 0.1 percentage points month-on-month [6][7] - The service sector's business activity index is at 50.3%, up 0.2 percentage points month-on-month, indicating a recovery in service sector activities [6][9] - The report suggests controlling duration levels in the bond market and focusing on structural opportunities such as tax-inclusive bonds and new/old bonds, as the bond market is expected to remain in a volatile trend [6][9] Basic Chemicals - Yuntian Holdings - Yuntian Holdings reported a 2025 H1 revenue of 11.4 billion yuan, a year-on-year increase of 3.59%, and a net profit of 511 million yuan, up 12.60% year-on-year [11][12] - The company’s gross margin and net profit margin improved to 11.99% and 4.48%, respectively, with significant growth in new compound fertilizer sales [12][13] - Future net profits are projected at 1.009 billion, 1.305 billion, and 1.614 billion yuan for 2025-2027, with corresponding PE ratios of 13.7, 10.6, and 8.5, maintaining a "buy" rating [12][13] Computer - Dingjie Intelligence - Dingjie Intelligence achieved a 2025 H1 revenue of 1.045 billion yuan, a 4.1% year-on-year increase, and a net profit of 45 million yuan, up 6.1% year-on-year [15][16] - The company’s AI business saw a significant revenue increase of 125.9%, becoming a key growth driver [17] - Future revenue projections are 2.568 billion, 2.816 billion, and 3.056 billion yuan for 2025-2027, with net profits of 202 million, 251 million, and 293 million yuan, maintaining a "buy" rating [17] Media - Xindong Company - Xindong Company reported a 2025 H1 revenue of 3.082 billion yuan, a year-on-year increase of 38.8%, and a net profit of 755 million yuan, up 268.0% year-on-year [19][20] - The company’s self-developed games and the TAPTAP platform significantly contributed to revenue growth, with game revenue reaching 2.071 billion yuan, a 39.4% increase year-on-year [19][20] - Future net profit projections are 1.727 billion, 2.137 billion, and 2.305 billion yuan for 2025-2027, with growth rates of 113%, 24%, and 8% respectively, maintaining a "buy" rating [20] Home Appliances - Midea Group - Midea Group achieved a 2025 H1 revenue of 251.124 billion yuan, a year-on-year increase of 15.58%, and a net profit of 26.014 billion yuan, up 25.04% year-on-year [25][26] - The company’s B-end solutions saw a revenue increase of 20.8%, with significant contributions from new energy and industrial technology sectors [26] - Future revenue projections are expected to grow at rates of 9.9%, 8.0%, and 7.2% for 2025-2027, with net profit growth of 15.2%, 10.4%, and 9.9%, maintaining a "buy" rating [27] Automotive - Changan Automobile - Changan Automobile reported a 2025 H1 revenue of 72.69 billion yuan, a year-on-year decrease of 5.3%, with a net profit of 2.29 billion yuan, down 19.1% [29][30] - The company’s new energy vehicle sales reached 452,000 units, a 49.1% increase year-on-year, outperforming the industry average [29][30] - Future revenue projections are 187 billion, 209.6 billion, and 229.7 billion yuan for 2025-2027, with corresponding EPS of 0.90, 1.09, and 1.24 yuan, maintaining a "buy" rating [30] Light Industry Manufacturing - Craft Home - Craft Home reported a 2025 H1 revenue of 1.681 billion yuan, a year-on-year increase of 39.29%, and a net profit of 432 million yuan, up 51.38% [35][36] - The company’s gross margin improved to 25.69%, driven by product structure upgrades and increased sales of high-value products [36][37] - Future net profit projections are 903 million, 1.124 billion, and 1.332 billion yuan for 2025-2027, maintaining a "buy" rating [37] Agriculture - Juxing Agriculture - Juxing Agriculture reported a 2025 H1 revenue of 371.7 million yuan, a year-on-year increase of 66.49%, and a net profit of 18.1 million yuan, up 504.12% [39][40] - The company’s pig sales volume increased significantly, with a total of 1.907 million pigs sold in H1, a 75.02% increase year-on-year [39][40] - Future net profit projections are 569 million, 867 million, and 1.116 billion yuan for 2025-2027, maintaining a "buy" rating [41]

Investment Rating - The report maintains an "Accumulate" rating for the company [6] Core Views - The company achieved a revenue of 1.835 billion yuan in the first half of 2025, representing a year-on-year increase of 8.31%, with a net profit of 47 million yuan, up 10.17% year-on-year [1][6] - The growth is driven by effective offline expansion and operational upgrades, along with integrated online and offline channel collaboration [1] - The company opened 34 new stores in 22 cities nationwide and implemented a sixth-generation standardized store model, leading to a nearly 20% increase in store traffic and sales [1] - Online initiatives, particularly O2O instant retail, effectively attracted over 70,000 customers to offline stores [1] - The self-owned brand strategy has deepened, with sales proportion exceeding 30%, and the supply chain management business grew by 31% year-on-year, forming a second growth curve [1] - The company plans to open approximately 100 new stores throughout the year, focusing on core regional cities and key business districts [2] Summary by Sections Financial Performance - In H1 2025, the gross margin was 25.90%, a decrease of 0.55 percentage points year-on-year, primarily due to the expansion of low-margin businesses [2] - The net profit margin improved to 3.00%, an increase of 0.30 percentage points year-on-year, supported by an improved expense structure [2] - The company expects EPS to be 0.97, 1.13, and 1.29 yuan for 2025, 2026, and 2027 respectively [2] Strategic Initiatives - The company aims to enhance its product structure and self-owned brand development, continuously increasing the sales proportion of its own brands [2] - Plans to strengthen digitalization and AI empowerment to optimize O2O channel profitability [2] - The differentiated positioning and operational efficiency improvements are expected to sustain steady growth amid intensified competition in the maternal and infant industry [2]

证券代码：603214 证券简称：爱婴室 公告编号：2025-049 公司于 2025 年 5 月 8 日披露了《上海爱婴室商务服务股份有限公司关于持 股 5%以上股东减持股份计划公告》（公告编号：2025-022），持股 5%以上股东莫 锐强先生拟通过集中竞价、及/或大宗交易方式合计减持爱婴室股份不超过 公司于 2025 年 8 月 28 日收到莫锐强先生发来的《关于股份减持计划实施结 果告知函》，截至本公告日，莫锐强先生减持计划时间届满，期间莫锐强先生共 计减持公司股份 1,000,000 股，占公司总股本的 0.72%。 上海爱婴室商务服务股份有限公司 关于持股 5%以上股东减持股份结果公告 本公司董事会、全体董事及相关股东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： ? 持股 5%以上股东持股的基本情况 本次减持计划实施前，上海爱婴室商务服务股份有限公司（以下简称"公司"） 持股 5%以上股东莫锐强先生持有公司无限售流通股份 16,800,000 股，占公司总 股本的 12.13%。 ? 减持计划的实施结果情况 一、减持主 ...