Core Viewpoint - Rongtai Health's stock has shown significant fluctuations, with a year-to-date increase of 14.99% and a recent 5-day increase of 16.81%, despite a 60-day decline of 11.85% [1] Group 1: Stock Performance - As of January 8, Rongtai Health's stock price reached 27.38 CNY per share, with a trading volume of 319 million CNY and a turnover rate of 5.82%, resulting in a total market capitalization of 5.568 billion CNY [1] - The stock experienced a net outflow of 12.93 million CNY from main funds, with large orders buying 49.95 million CNY and selling 60.43 million CNY [1] Group 2: Company Overview - Rongtai Health, established on November 15, 2002, and listed on January 11, 2017, is located in Qingpu District, Shanghai, focusing on the design, research, production, and sales of massage equipment [1] - The company's revenue composition includes 96.12% from massage chairs, 2.59% from small massage appliances, 1.00% from other services, and 0.29% from experiential massage services [1] Group 3: Financial Performance - For the period from January to September 2025, Rongtai Health reported a revenue of 1.148 billion CNY, a year-on-year decrease of 1.39%, and a net profit attributable to shareholders of 111 million CNY, down 22.24% year-on-year [2] - The company has distributed a total of 880 million CNY in dividends since its A-share listing, with 316 million CNY distributed over the past three years [2] Group 4: Shareholder Information - As of September 30, 2025, the number of shareholders increased by 15.59% to 15,500, while the average circulating shares per person decreased by 0.82% to 13,145 shares [2] - Notably, the fund "Fuguo New Emerging Industries Stock A" has exited the list of the top ten circulating shareholders [2]

| 代码 | 名称 | | 涨幅% ↑ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 688273 | 麦澜德 | 1 | -11.09 | 54.43 乙 | 28.01 | | 300430 | 诚益通 | 1 | -10.91 | 67.31亿 | 28.25 | | 301330 | 熵基科技 | 1 | -10.40 | 100亿 | 29.02 | | 300753 | 爰朋医疗 | 1 | -10.39 | 45.14亿 | 29.05 | | 300652 | 雷迪克 | 中 | -8.34 | 82.53 Z | 12.78 | | 688580 | 伟思医疗 | 1 | -8.03 | 61.39亿 | 32.44 | | 603579 | 荣泰健康 | 1 | -6.80 | 54.60亿 | 12.77 | | 301087 | 可孚医疗 | 1 | -6.44 | 99.25亿 | 6.36 | | 300884 | 狄耐克 | 1 | -6.19 | 42.34亿 | 12.70 | | 603610 | 麒盛科 ...

数据宝统计，截至10:46，荣泰健康成交额10.02亿元，创2025年4月2日以来新高。最新股价上涨 10.00%，换手率17.34%。上一交易日该股全天成交额为4.06亿元。（数据宝） （文章来源：证券时报网） ...

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 603579 | 荣泰健康 | 26.19 | 10.00% | 15.68万 | | 4.06 Z | | 002614 | 奥佳华 | 7.37 | 0.82% | 15.07万 | | 1.11亿 | | 300247 | 融捷健康 | 5.11 | -0.39% | 29.94万 | | 1.53亿 | 从资金流向上来看，当日其他家电板块主力资金净流入7272.11万元，游资资金净流出2067.38万元，散户 资金净流出5204.73万元。其他家电板块个股资金流向见下表： 证券之星消息，1月5日其他家电板块较上一交易日上涨4.06%，荣泰健康领涨。当日上证指数报收于 4023.42，上涨1.38%。深证成指报收于13828.63，上涨2.24%。其他家电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 | | | | | --- | ...

| 301337 | 亚华电 | 9.63 | 11.84 | 29.14 | 30.16 | 3.51 | | --- | --- | --- | --- | --- | --- | --- | | | 子 | | | | | | | 002081 | 金螳螂 | 3.80 | 1.76 | 3.44 | 3.55 | 3.32 | | 688161 | 威高骨 | 3.87 | 0.20 | 28.10 | 29.00 | 3.21 | | | 科 | | | | | | | 300485 | 赛升药 业 | 3.50 | 1.66 | 10.62 | 10.95 | 3.1 1 | | | 国电南 | | | | | | | 600406 | 瑞 | 3.07 | 0.44 | 22.49 | 23.17 | 3.00 | | 300678 | 中科信 | 13.78 | 8.78 | 33.99 | 35.00 | 2.97 | | | 息 | | | | | | | 002254 | 泰和新 | 4.09 | 1.51 | 10.14 | 10.43 | 2.82 | | | 材 | | | | | ...

1月5日， 脑机接口板块持续大涨，截至发稿，板块指数涨幅已超11%。 马斯克说，该设备的电极丝将直接穿过硬脑膜，而无需将其切除，此举意义重大。 编辑丨瑜见 倍益康30%涨停，美好医疗、三博脑科、熵基科技、翔宇医疗、诚益通等10股20%涨停，创新医疗、荣 泰健康、南京熊猫、三七互娱等涨停。 | 代码 | 名称 | 式唱 | 息金额 | 息而值 | 现价 | | --- | --- | --- | --- | --- | --- | | 920199 | 倍益康 | +29.98% | 1.96 Z | 30.62 G | 44.96 | | 688767 | 博拓生物 | +20.01% | 6.27 Z | 67.71 Z | 45.34 | | 301293 | 三博脑科 | +20.01% | 7.04Z | 1 45.8亿 | 70.78 | | 301363 | 美好医疗 | +20.00% | 1.98 Z | 164.2 乙 | 28.86 | | 301330 | শ্ব # 技 | +20.00% | 7.25 Z | 93.34 Z | 39.66 | | 300887 | 谱尼测试 | + ...

1月5日， 脑机接口板块持续大涨，截至发稿，板块指数涨幅已超11%。 倍益康30%涨停，美好医疗、三博脑科、熵基科技、翔宇医疗、诚益通等10股20%涨停，创新医疗、 荣泰健康、南京熊猫、三七互娱等涨停。 马斯克说，该设备的电极丝将直接穿过硬脑膜，而无需将其切除，此举意义重大。 编辑丨瑜见 | 代码 | 名称 | 涨幅量 | 息金额 | 息市值 | 现价 | | --- | --- | --- | --- | --- | --- | | 920199 | 倍益康 | +29.98% | 1.96 Z | 30.62 乙 | 44.96 | | 688767 | 博拓生物 | +20.01% | 6.27 Z | 67.71 Z | 45.34 | | 301293 | 三博脑科 | +20.01% | 7.04 Z | 145.8亿 | 70.78 | | 301363 | 美好医疗 | +20.00% | 1.98 乙 | 164.2 乙 | 28.86 | | 301330 | 腐基科技 | +20.00% | 7.25 Z | 93.34 乙 | 39.66 | | 300887 | 谱尼测试 | +20 ...

Group 1 - The other home appliance sector increased by 0.4% compared to the previous trading day, with Rongtai Health leading the gains [1] - On December 31, the Shanghai Composite Index closed at 3968.84, up 0.09%, while the Shenzhen Component Index closed at 13525.02, down 0.58% [1] - Rongtai Health's closing price was 23.81, reflecting a gain of 1.58%, with a trading volume of 61,800 shares [1] Group 2 - The net inflow of main funds in the other home appliance sector was 137,500 yuan, while retail investors experienced a net outflow of 1,989,040 yuan [1] - Rongtai Health saw a net inflow of 6.89 million yuan from main funds, accounting for 4.70% of its total [1] - Retail investors had a net outflow of 15.03 million yuan from Rongtai Health, representing -10.26% [1]

Group 1 - The other home appliance sector declined by 0.89% compared to the previous trading day, with Aojiahua leading the decline [1] - On December 30, the Shanghai Composite Index closed at 3965.12, down 0.0%, while the Shenzhen Component Index closed at 13604.07, up 0.49% [1] - Key stocks in the other home appliance sector showed varied performance, with Rongtai Health at 23.44 (-0.42%), Rongjie Health at 5.13 (-0.97%), and Aojiahua at 7.37 (-1.47%) [1] Group 2 - The net outflow of main funds in the other home appliance sector was 12.51 million yuan, while retail investors saw a net inflow of 17.01 million yuan [1] - Detailed fund flow for key stocks showed Rongtai Health with a net inflow of 1.82 million yuan from main funds, while Aojiahua experienced a net outflow of 9.87 million yuan [1] - Retail investors contributed positively to the fund flow in Aojiahua with a net inflow of 17.11 million yuan, indicating a divergence in investor sentiment [1]

Core Insights - The demand for muscle relaxation and fatigue relief is increasing among residents, leading to a growing acceptance of machine massage services, particularly among white-collar workers and business travelers [1][4] - The market size of China's machine massage service industry is projected to reach 2.707 billion yuan in 2024, with a year-on-year growth of 10.8% [1][4] Industry Overview - Machine massage services are defined as services that provide muscle relaxation and fatigue relief through automated devices, differentiating them from traditional manual massage services [2] - The industry has evolved through four stages: nascent, expansion, adjustment, and upgrade, reflecting changes in consumer demand and technological advancements [3] Industry Chain - The upstream of the machine massage service industry includes suppliers of raw materials like aluminum, stainless steel, and textiles, as well as component suppliers for motors and sensors [3] - The midstream consists of machine massage equipment manufacturing and service operations, while the downstream includes commercial complexes, cinemas, and transportation hubs as distribution channels [3] Market Distribution - In 2024, commercial complexes are expected to account for over 40% of the distribution channels, followed by train stations and airports at 22.32% and 18.95%, respectively [4] Competitive Landscape - The machine massage service market in China is characterized by high concentration, with the top five companies holding a market share of 86.8% in 2024, driven by the exit of smaller players during the pandemic [5] - LeMo Technology is the market leader with over 40% market share, showcasing significant head effects in the industry [5] Company Analysis - LeMo Technology, established in 2014, has integrated IoT technology with its massage services, achieving a revenue of 221 million yuan in Q1 2025 with a gross profit margin of 34.86% [7] - Shanghai Rongtai Health Technology focuses on the design and production of massage devices, reporting a revenue of 810 million yuan in the first half of 2025, with massage chairs making up 96.12% of sales [7] Development Trends - The industry is shifting from standardized massage services to personalized intelligent services, utilizing advanced technologies for real-time user data collection [8] - Machine massage services are expanding beyond traditional venues to include diverse environments like esports arenas and fitness centers, aiming for comprehensive market coverage [9] - Growth is expected to shift from first and second-tier cities to third and fourth-tier cities, with strategies tailored to local consumer capabilities [10] - The industry is moving towards a holistic model that integrates massage services with health management, creating a value-added ecosystem [11]