(一) 股东大会类型和届次 2024 年年度股东大会 召开的日期时间：2025 年 4 月 25 日 10 点 00 分 召开地点：上海市杨高南路 729 号陆家嘴世纪金融广场 1 号楼 5 层爱婴室 1 号会议室 证券代码：603214 证券简称：爱婴室 公告编号：2025-016 上海爱婴室商务服务股份有限公司 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 股东大会召开日期：2025年4月25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 (二) 股东大会召集人：董事会 (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 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 4 月 25 日 至 2025 年 4 月 25 日 采用上海证券交易所网络投票系统，通过交易 ...

证券代码：603214 证券简称：爱婴室 公告编号：2025-008 上海爱婴室商务服务股份有限公司 第五届监事会第七次会议决议公告 本公司监事会及全体监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。 上海爱婴室商务服务股份有限公司(以下简称"公司") 第五届监事会第七次 会议于 2025 年 4 月 2 日以现场加通讯表决方式召开。会议由公司第五届监事会 主席孙琳芸召集，经半数以上监事推选孙琳芸主持，应到会监事 3 名，实际到会 监事 3 名。会议符合《中华人民共和国公司法》《公司章程》的规定。会议通过 记名投票表决的方式审议通过了以下议案： 一、审议并通过《2024 年年度报告及其摘要》 详见上海证券交易所网站（www.sse.com.cn）及公司选定信披媒体刊登的 《2024 年年度报告》及《2024 年年度报告摘要》。 同意就 2024 年年度报告及其摘要发表审核意见如下： 1、《公司 2024 年年度报告》及《2024 年年度报告摘要》的编制和审议程 序符合法律法规、《公司章程》及公司各项内部管理制度的规定； 2、公司 2024 年年度 ...

证券代码：603214 证券简称：爱婴室 公告编号：2025-007 上海爱婴室商务服务股份有限公司 第五届董事会第八次会议决议公告 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、准确性和完整性依法承担法律责任。 上海爱婴室商务服务股份有限公司（以下简称"公司"）第五届董事会第八 次会议于 2025 年 4 月 2 日以现场加通讯表决方式召开，应参加表决的董事 7 人， 实际参加表决的董事 7 人，本次会议的召集、召开和表决程序符合有关法律、法 规和《公司章程》的规定，会议形成的决议合法有效。本次会议由董事长施琼先 生召集并主持，采用记名投票方式，审议并通过了如下议案： 本议案尚需提交公司 2024 年年度股东大会审议。 三、审议并通过《2024 年度独立董事述职报告》 详见上海证券交易所网站（www.sse.com.cn）及公司选定信披媒体刊登的《独 立董事述职报告-武连合》《独立董事述职报告-朱波》《独立董事述职报告-盛颖》。 表决结果：7 票同意，0 票反对，0 票弃权。该项议案获通过。 一、审议并通过《2024 年年度报告及其摘要》 详见上海证券 ...

证券代码：603214 证券简称：爱婴室 公告编号：2025-009 上海爱婴室商务服务股份有限公司 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、准确性和完整性依法承担法律责任。 重要内容提示： 公司拟以实施权益分派股权登记日登记的总股本为基数，向全体股东每 10股派发现金红利人民币2.53元（含税）。 如在公司披露2024年度利润分配预案公告之日起至实施权益分派股权登 记日期间，因回购股份/股权激励授予股份回购注销等致使公司总股本发生变动 的，公司拟维持每股分配比例不变，相应调整现金分红总金额。 未触及《上海证券交易所股票上市规则（2024年4月修订）》（以下简称《股 票上市规则》）第9.8.1条第一款第（八）项规定的可能被实施其他风险警示的情 形。 2025 年 4 月 2 日，上海爱婴室商务服务股份有限公司（以下简称"公司"） 第五届董事会第八次会议、第五届监事会第七次会议审议通过了《关于制定 2024 年度利润分配预案的议案》，具体内容公告如下： 一、 利润分配方案内容 关于2024年年度利润分配方案的公告 公司于 2025 年 4 月 2 日 ...

Financial Performance - The company's operating revenue for 2024 reached CNY 3,466,815,617.97, representing a 4.06% increase compared to CNY 3,331,535,859.93 in 2023[23] - The net profit attributable to shareholders for 2024 was CNY 106,405,737.37, a 1.61% increase from CNY 104,720,312.60 in 2023[23] - The net profit after deducting non-recurring gains and losses was CNY 72,089,431.35, reflecting a 9.78% increase from CNY 65,664,485.79 in 2023[23] - The net cash flow from operating activities decreased by 16.29% to CNY 333,413,957.11 from CNY 398,302,101.00 in 2023[23] - The total assets at the end of 2024 were CNY 2,426,387,865.78, a decrease of 4.89% compared to CNY 2,551,051,886.00 at the end of 2023[23] - The net assets attributable to shareholders increased to CNY 1,153,499,128.38, a 1.34% rise from CNY 1,138,195,723.54 in 2023[23] - The basic earnings per share for 2024 were CNY 0.7646, up 2.59% from CNY 0.7453 in 2023[24] - The diluted earnings per share also stood at CNY 0.7646, reflecting the same 2.59% increase[24] - The weighted average return on net assets decreased by 1.25 percentage points to 13.63% from 14.88% in 2023[24] Store Expansion and Retail Strategy - In 2024, the company opened 62 new mother and baby stores, a year-on-year increase of 21 stores, with each store located in shopping centers and covering an area of 200-250 square meters[32] - The company adjusted 35 existing stores in 2024 to optimize store area, product structure, and display layout[32] - The company plans to open more Gundam Base stores nationwide in collaboration with Bandai Namco, targeting younger consumer groups[38] - The company operates nearly 500 offline stores, leading the domestic maternal and infant professional chain retail market, particularly in high-consumption cities like Shanghai and Wuhan[46] - The company is focusing on expanding its retail footprint in key urban areas to enhance market penetration and customer reach[78] - The new store openings are part of a broader strategy to increase brand visibility and drive sales growth in the retail sector[78] - The company plans to open 20 new retail stores across various regions in China, with a total area of approximately 10,000 square meters by the end of 2024[78] - The company is also entering the Sichuan market with three new stores, including a 315.82 square meter store in Chengdu, set to open in June 2024[78] Financial Management and Investments - The company plans to use idle funds for entrusted wealth management, indicating a strategy to optimize capital allocation[120] - The company proposed a 2024 mid-term profit distribution plan, reflecting its commitment to returning value to shareholders[120] - The company will complete the distribution of dividends within two months after the shareholders' meeting decision[156] - The total cash dividend amount (including tax) was CNY 60,067,925.11, representing 56.45% of the net profit attributable to ordinary shareholders[159] - The cumulative cash dividend amount over the last three fiscal years was CNY 140,795,586.44[161] Market and Consumer Trends - The birth rate in China increased to 9.54 million in 2024, reflecting the effectiveness of government policies to support childbirth[41] - The company reported a significant increase in contract liabilities, rising by 31.95% to CNY 90.43 million, attributed to promotional activities and customer prepayments[73] - The company acknowledges market risks due to complex factors affecting consumer demand, which may impact growth if consumption and fertility policies do not meet expectations[98] Supply Chain and Logistics - The company has established a smart warehousing and logistics network covering East, Central, and South China, with a total warehouse area exceeding 60,000 square meters and a storage capacity of 15,000 slots[54] - The logistics center can handle a throughput capacity of 6,000 boxes per hour, achieving nearly 100% shipping satisfaction and accuracy[54] - The company operates a dual logistics model, combining main warehouse and regional distribution centers, optimizing delivery efficiency[84] Corporate Governance and Compliance - The company received an "A" rating for information disclosure from the Shanghai Stock Exchange for three consecutive years, indicating high standards in transparency[109] - The company's ESG rating improved from BB to A, reflecting significant progress in corporate social responsibility and sustainability efforts[110] - The company is committed to enhancing its governance structure to ensure compliance with legal requirements and protect shareholder rights[105] Employee Management and Training - The company has a total of 3,116 employees, with 111 in the parent company and 3,005 in major subsidiaries[140] - The company conducted 100 offline training sessions and 269 online training sessions in 2024, with over 68,000 readings of training materials[145] - The company has implemented a performance-driven reform to enhance employee income and satisfaction, focusing on key categories and brands[144] Environmental and Social Responsibility - The company invested CNY 135.68 million in environmental protection during the reporting period[167] - The company launched the "Old Clothes for New" recycling program, successfully collecting 6,573 pieces of children's clothing, promoting sustainability and environmental responsibility[180] - The company invested CNY 3.20 million in poverty alleviation and rural revitalization projects, focusing on agricultural empowerment and benefiting local farmers[185]

| 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.7646 | 0.7453 | 2.59 | 0.6117 | | 每股净资产（元） | 0 | 8.1 | -100 | 7.66 | | 每股公积金(元) | 2.09 | 2.24 | -6.7 | 2.24 | | 每股未分配利润(元) | 4.87 | 4.54 | 7.27 | 4.12 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 34.67 | 33.32 | 4.05 | 36.19 | | 净利润(亿元) | 1.06 | 1.05 | 0.95 | 0.86 | | 净资产收益率(%) | 13.63 | 14.88 | -8.4 | 11.86 | 一、主要会计数据和财务指标 前十大流通股东累计持有： 7242.49万股，累计占流通股比： 52.26%，较上期变化： -467.88万股。 | 名称 | 持有数量(万股) | 占总股本比 | 增 ...

Group 1 - The Shanghai Composite Index decreased by 0.46%, while the CSI All Retail Index reported at 6216.02 points [1] - The CSI All Retail Index has declined by 7.06% over the past month, 2.45% over the past three months, and 3.13% year-to-date [2] - The CSI All Retail Index is composed of various industry classifications, including 11 primary industries, 35 secondary industries, over 90 tertiary industries, and more than 200 quaternary industries [2] Group 2 - The top ten weighted stocks in the CSI All Retail Index are: Shenzhou Digital (18.78%), Kidswant (15.07%), Jiangsu Guotai (14.06%), Aishide (13.02%), Tianyin Holdings (12.61%), Doctor Glasses (9.08%), Yimin Group (5.87%), Huazhi Wine (3.95%), Aiyingshi (3.18%), and Sanfu Outdoor (2.64%) [2] - The market share of the CSI All Retail Index holdings is predominantly from the Shenzhen Stock Exchange at 90.96%, while the Shanghai Stock Exchange accounts for 9.04% [2] - The CSI All Retail Index is exclusively composed of retail companies, with a 100% allocation to the retail sector [2]

Investment Rating - The report assigns an "Accumulate" rating for the company, Aiyingshi (603214.SH) [1] Core Insights - Aiyingshi, a leading maternal and infant retail chain, is expanding into the trendy toy market in partnership with Bandai Namco, aiming to initiate a new growth cycle [2][3] - The company has been focusing on its core business, enhancing operational efficiency, and integrating acquisitions to achieve stable growth [3][5] - The report highlights the potential for growth driven by favorable government policies aimed at increasing birth rates, despite the current demographic challenges [3][5] Summary by Sections 1. Aiyingshi: Maternal and Infant Leader Entering Trendy Toy Market - Aiyingshi operates a comprehensive business model providing quality maternal and infant products and services, with a focus on member engagement [14] - The company has successfully integrated acquisitions to expand its market presence, with a total of 463 stores by September 2024 [14][18] 2. Growth Opportunities from Birth Policies - The report notes a significant decline in birth rates, with the national population decreasing for the first time since 1961, indicating a demographic challenge [43] - Government initiatives to enhance birth incentives are expected to provide a supportive environment for the company's growth [53][55] 3. Partnership with Bandai Namco - Aiyingshi has secured authorization from Bandai Namco to operate Gundam base stores, expanding into the trendy toy market [3][5] - The potential revenue from Gundam base stores is estimated to reach between 1.5 to 4.5 billion yuan, with a net profit margin of 15% to 25% [3][5] 4. Financial Forecast - The company is projected to open new maternal and infant stores and trendy toy stores, with expected net profits of 1.09 billion yuan in 2024, increasing to 1.58 billion yuan by 2026 [3][5] - Earnings per share (EPS) are forecasted to grow from 0.79 yuan in 2024 to 1.14 yuan in 2026, reflecting a positive outlook for profitability [3][5]

Investment Rating - The report does not provide a specific investment rating for the industry or companies mentioned [1]. Core Insights - The report highlights the recent IPOs and trading activities in the market, indicating a dynamic environment for new stock listings and potential investment opportunities [1]. - It includes a list of companies with their respective stock codes and recent announcements, suggesting active market participation and investor interest [1]. Summary by Sections - **New Stock Listings**: The report lists several new stock listings, including 恒鑫生活 (stock code: 301501) with an issue price of 39.92, indicating a new entry into the market [1]. - **Tender Offers**: The report mentions companies like 成大生物 (stock code: 688739) and 海航科技 (stock code: 600751) that are currently involved in tender offers, which may present investment opportunities [1]. - **Recent Announcements**: A variety of companies have made recent announcements regarding their stock activities, including 海洋王 (stock code: 002724) and 爱婴室 (stock code: 603214), reflecting ongoing corporate actions that could impact stock performance [1].

爱婴室目前的门店数量及单店收入情况如何？ 爱婴室 20250318 摘要 Q&A 爱婴室的盈利预测和估值情况如何？ 通过对各项业务的拆分，预计爱婴室 2024 年到 2026 年的收入分别为 34 亿、38 亿以及 42 亿，同比增速分别为 2.3%、11.4%和 10%。规模利润分别为 1.11 亿、 1.38 亿及 1.66 亿，同比增长分别为 5.6%、24.6%和 20.9%。在 2023 年和 2024 年，由于外部环境变化，公司收入与利润出现波动，但随着促生育政策落地以 及门店优化调整和高达基地开设，未来两年的收入与利润将明显企稳回升。在 估值方面，考虑到公司属于零售行业中的专业零售板块，我们选择孩子王及其 • 爱婴室成立于 1997 年，通过目录销售奶粉起家，后开设直营门店并上线电 商平台。2018 年登陆上交所，并通过收购贝贝熊等强化竞争力。2024 年底 与万代南梦宫合作开设高达基地，进入 IP 零售领域。 • 截至 2024 年第三季度末，爱婴室拥有 5,463 家门店，在上海等地市场领先。 单店收入在 2018-2019 年期间保持在 800 万以上，预计 2025 年全年单店收 入将超 ...