Market Overview - On September 16, the cosmetics sector rose by 0.03% compared to the previous trading day, with Shuiyang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3861.87, up 0.04%, while the Shenzhen Component Index closed at 13063.97, up 0.45% [1] Individual Stock Performance - Shuiyang Co., Ltd. (300740) closed at 22.48, with a gain of 1.63% and a trading volume of 208,500 shares, amounting to a transaction value of 469 million yuan [1] - Qingdao Kingway (002094) closed at 8.47, up 1.44%, with a trading volume of 326,600 shares and a transaction value of 277 million yuan [1] - Other notable performers include: - Kezhou Co., Ltd. (300856) at 14.23, up 0.57% [1] - Beitaini (300957) at 49.13, up 0.41% [1] - Furuida (600223) at 7.91, up 0.38% [1] Fund Flow Analysis - The cosmetics sector experienced a net outflow of 43.2 million yuan from institutional investors, while retail investors saw a net outflow of 23.0 million yuan [2] - Conversely, speculative funds recorded a net inflow of 66.2 million yuan [2] Detailed Fund Flow for Key Stocks - Shuiyang Co., Ltd. (300740) had a net inflow of 41.1 million yuan from institutional investors, while retail investors faced a net outflow of 71.8 million yuan [3] - Qingdao Kingway (002094) saw a net inflow of 15.3 million yuan from institutional investors, but a net outflow of 7.2 million yuan from retail investors [3] - Other stocks with significant fund flow include: - Beitaini (300957) with a net inflow of 5.7 million yuan from institutional investors and a net outflow of 13.2 million yuan from retail investors [3] - Furuida (600223) faced a net outflow of 10.2 million yuan from institutional investors but a net inflow of 8.9 million yuan from retail investors [3]

Market Overview - On September 15, the cosmetics sector declined by 0.18%, with Huaye Fragrance leading the drop [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Individual Stock Performance - Notable gainers included: - Jinsong New Material (300849) with a closing price of 14.48, up 3.72% and a trading volume of 121,800 shares, totaling 179 million yuan [1] - Lafang Home (603630) closed at 28.58, up 2.11% with a trading volume of 71,300 shares, totaling 200 million yuan [1] - Notable decliners included: - Huaye Fragrance (300886) closed at 29.66, down 1.79% with a trading volume of 18,400 shares, totaling 55.05 million yuan [2] - Marubi Biological (603983) closed at 39.95, down 1.36% with a trading volume of 13,900 shares, totaling 55.49 million yuan [2] Capital Flow Analysis - The cosmetics sector experienced a net outflow of 83.38 million yuan from institutional investors, while retail investors saw a net inflow of 76.42 million yuan [2] - The overall capital flow for individual stocks showed: - Jinsong New Material had a net inflow of 18.50 million yuan from institutional investors, accounting for 10.31% of its total [3] - Huaye Fragrance had a net outflow of 4.23 million yuan from institutional investors, accounting for 6.58% of its total [3]

Group 1 - The company held its fourth meeting of the fifth board of directors on September 12, 2025, to discuss changes in company type and address [2][7] - The board unanimously approved the proposal to change the company type from "joint-stock company (Sino-foreign joint venture, listed)" to "joint-stock company (Hong Kong, Macau, and Taiwan investment, listed)" [7][8] - The company plans to add a new business address located at Shantou Chaonan Industrial Park, Textile North Road No. 1 [8] Group 2 - The board also approved the proposal to convene the second extraordinary general meeting of shareholders in 2025, scheduled for September 29, 2025 [4][12] - The meeting will adopt a combination of on-site and online voting methods, with specific voting times outlined [12][13] - The company will provide reminders to shareholders about the meeting and voting through SMS and other means to ensure participation [16]

Core Insights - LaFang, a leading domestic hair care brand, launched a strategic new product called "Hair Repair Small Milk Bottle," which claims to provide instant repair and long-lasting strength for hair with just one spray [1][4][17] - The product reflects LaFang's commitment to technological innovation and its ambition to elevate domestic hair care from basic cleaning to precise and immediate care [1][15] Market Demand and Trends - The fast-paced lifestyle of urban consumers has led to increased hair issues such as frizz, dryness, and tangling, creating a demand for high-performance hair care products [2][6] - LaFang's previous product, "Small Gold Bar" hair mask, achieved sales of 100,000 units within one hour of launch, indicating a strong market demand for efficient hair care solutions [2][4] Product Features and Innovations - The "Hair Repair Small Milk Bottle" utilizes LaFang's proprietary "Sixth Generation Smart Peptide Hair Core Repair Technology," which includes self-developed ingredients like "Coffee Elastic Protein Peptide" for three-dimensional precision repair [8][10] - The product promises to repair six months of accumulated hair damage in just one minute of use, enhancing the consumer's hair care experience [8][10] Brand Strategy and Positioning - LaFang aims to build a core competitive barrier in the high-end hair care market with this new product, which is expected to become a phenomenon in the industry [6][17] - The launch of "Hair Repair Small Milk Bottle" is part of LaFang's broader strategy to redefine the perception of domestic products, showcasing their capability to deliver world-class quality [15][17] Future Outlook - LaFang plans to continue innovating and providing high-value hair care solutions for consumers in China and globally, with expectations for more noteworthy products in the future [17]

Core Points - The company has decided to change its corporate type and increase its operating address, which requires approval from the shareholders' meeting [1][3][27] - The new corporate type will be "joint-stock company (Hong Kong, Macau, and Taiwan investment, listed)" [1] - The additional operating address will be located at Shantou Chaonan Industrial Park, Textile North Road No. 1 [2] Group 1: Change of Corporate Type - The company plans to change its registration type to comply with relevant laws and regulations, specifically the Foreign Investment Law of the People's Republic of China [1][27] - The change will not affect other company information, which will remain the same [1] Group 2: Increase of Operating Address - The company will add a new operating address to support its business development needs [2] - The specific address for the new location is Shantou Chaonan Industrial Park, Textile North Road No. 1 [2] Group 3: Amendment of Articles of Association - The company will amend its Articles of Association to reflect the new operating address [3] - The amendments will be submitted for approval at the shareholders' meeting, requiring a two-thirds majority vote [3][27] Group 4: Shareholders' Meeting - The second extraordinary shareholders' meeting is scheduled for September 29, 2025, to discuss the proposed changes [5][6] - The meeting will utilize both on-site and online voting methods [6][7] - Shareholders must register to attend the meeting and can do so through various methods, including online [20][21]

证券代码：603630 证券简称：拉芳家化 公告编号：2025-042 拉芳家化股份有限公司 关于召开 2025 年第二次临时股东大会的通知 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 (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 召开的日期时间：2025 年 9 月 29 日 14 点 00 分 召开地点：汕头市龙湖区万吉工业区龙江路 13 号拉芳大厦会议室 (五)网络投票的系统、起止日期和投票时间。 2025 年第二次临时股东大会 (二)股东大会召集人：董事会 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 ...

Group 1 - The first Guangdong Quality Products Exhibition opened in Guangzhou, attracting 1,086 participating companies and 2,175 domestic and international professional buyers [1][2] - The exhibition covers an area of 50,000 square meters and includes five industry exhibition areas: home appliances and electronics, clothing and beauty, toys and cultural creativity, health food, and furniture and home [1][2] - The event aims to accelerate the integration of domestic and foreign trade, support enterprises in expanding domestic sales markets, and strengthen the domestic circulation [2] Group 2 - The exhibition features nearly 10,000 consumer products from well-known and emerging Guangdong enterprises, including brands like Midea, TCL, and Wanglaoji [2] - Guangdong has a complete industrial system with high-quality products, and it is a major province for quality product output, with a real-time population of 150 million and a retail sales total that has ranked first in the country for 42 consecutive years [2] - The event is expected to enhance the visibility of Guangdong's quality products and meet the growing demand for high-quality and high-value products among consumers [2]

Core Viewpoint - The skincare and daily chemical industry in A-share listed companies has shown significant performance divergence in the first half of 2025, with 14 representative companies analyzed for their financial results [1]. Group 1: Performance Analysis - Six companies experienced declines in both revenue and net profit: Lafang Jiahua, Furuida, Fulejia, Beitaini, Huaxi Biological, and Kesi Co. [1] - Lafang Jiahua reported revenue of 410 million yuan, a decrease of 4.27% year-on-year, and a net profit of 6 million yuan, down 82.89% compared to the previous year [1]. - Furuida achieved revenue of 1.79 billion yuan, a decline of 7.05% year-on-year, with a net profit of 108 million yuan [1]. - One company, Chuang'er Biological, saw revenue growth of 16.98% to 214 million yuan but a net profit decline of 55.99% to 13 million yuan [1]. - Jiaheng Jiahua reported revenue of 514 million yuan, an increase of 21.72% year-on-year, but a net loss of 32 million yuan, with losses widening compared to the previous year [1]. Group 2: Factors Influencing Performance - Jiaheng Jiahua's significant net loss is closely linked to its Huzhou base, with new business expansions impacting operational performance [2]. - Lafang Jiahua's dual decline in performance is attributed to changes in the domestic and international operating environment, compounded by intensified industry competition, despite increased market investment [2].

Core Viewpoint - The skincare and daily chemical industry in A-share listed companies has shown significant performance divergence in the first half of 2025, with 6 companies experiencing both revenue and profit declines, while 6 others reported growth in both metrics, 1 company saw revenue growth without profit increase, and 1 company reported a loss [1][2]. Performance Summary - Among the 14 selected listed companies, 6 companies reported both revenue and profit declines: - Lafang Cosmetics: Revenue of 410 million, down 4.27%, net profit of 6 million, down 82.89% [2] - Furuida: Revenue of 1.79 billion, down 7.05%, net profit of 108 million, down 15.16% [2] - Fulejia: Revenue of 863 million, down 8.15%, net profit of 230 million, down 32.54% [2] - Beitaini: Revenue of 2.372 billion, down 15.43%, net profit of 247 million, down 49.01% [2] - Huaxi Biological: Revenue of 2.261 billion, down 19.57%, net profit of 221 million, down 35.38% [2] - Kesi Co.: Revenue of 721 million, down 48.67%, net profit of 65 million, down 84.51% [2] - One company, Chuang'er Biological, reported revenue growth of 16.98% to 214 million but a net profit decline of 55.99% to 13 million [3][4]. - One company, Jiaheng Cosmetics, reported revenue of 514 million, up 21.72%, but a net loss of 32 million, with losses significantly widening [5][6]. The loss was attributed to increased operational costs and fixed expenses related to its Huzhou base [5]. Industry Challenges - Lafang Cosmetics faced significant pressure from changing domestic and international operating environments, leading to increased sales and financial expenses despite a revenue decline [6].

截至发稿，拉芳家化市值为63亿元。 每经AI快讯，拉芳家化（SH 603630，收盘价：27.99元）9月12日晚间发布公告称，公司第五届第四次 董事会会议于2025年9月12日在汕头市龙湖区万吉工业区龙江路13号公司会议室召开。会议审议了《关 于提请召开2025年第二次临时股东大会的议案》等文件。 2024年1至12月份，拉芳家化的营业收入构成为：日化行业占比99.92%，其他业务占比0.08%。 每经头条（nbdtoutiao）——一次自救，"奥特曼"竟埋下百亿元损失的"时间炸弹"，现在被引爆！有人 却在疯狂赚钱⋯⋯ （记者 曾健辉） ...