证券代码：605009 证券简称：豪悦护理 公告编号：2025-040 8. 经营范围：第一类医疗器械（限用卫生材料及敷料）、卫生用品（妇女经 期卫生用品、尿布等排泄物卫生用品、尿裤、尿片、卫生床垫、干巾、湿巾）、 围兜、纸巾、无纺布、塑料薄膜、复合芯体的生产、销售；物业管理服务；自营 和代理各类商品及技术的进出口业务（国家限定企业经营或禁止进出口的商品和 技术除外）。医用口罩生产；第二类医疗器械生产；医护人员防护用品生产（Ⅱ 类医疗器械）；消毒剂生产；日用口罩（非医用）生产；日用口罩（非医用）销 售；劳动保护用品生产；医用口罩零售；医用口罩批发；第二类医疗器械批发； 医护人员防护用品零售；医护人员防护用品批发；劳动保护用品销售；第二类医 2. 统一社会信用代码：913213225558244921 3. 法定代表人：虞进洪 4. 类型：有限责任公司（非自然人投资或控股的法人独资） 5. 成立日期：2010 年 05 月 19 日 6. 注册资本：22,000 万元人民币 疗器械零售；特种劳动防护用品生产；特种劳动防护用品销售；消毒剂销售（依 法须经批准的项目，经相关部门批准后方可开展经营活动）。 杭州豪悦护 ...

Core Viewpoint - The national childcare subsidy policy will provide an annual subsidy of 3600 yuan per child until the age of three, benefiting over 20 million families each year starting from January 1, 2025 [4][5]. Subsidy Standard - Each child will receive a subsidy of 3600 yuan per year until they turn three years old. For children born before January 1, 2025, who are under three years old, the subsidy will be calculated based on the remaining months [8]. Coverage - The policy applies to all families with children under three years old, regardless of whether they have one, two, or three children, and is uniformly implemented across the country [9]. Application Process - Parents or guardians can apply for the subsidy online through the childcare subsidy information management system or offline, providing necessary documents such as birth certificates and household registration books [10]. Funding Source - The central government will establish a "childcare subsidy fund," providing financial support to eastern, central, and western regions proportionally, with any additional local funding being the responsibility of local governments [11]. Market Impact Analysis - The infant food market is expected to exceed 72 billion yuan, directly benefiting the maternal and infant consumption industry chain [12]. - The childcare industry is projected to reach a scale of 162.1 billion yuan by 2025, with an average annual growth rate of 7.5%, accelerated by the policy [13]. - Demand for children's medical and nutritional health products is anticipated to rise, with the pediatric medication market expected to grow at a rate exceeding 10% annually [14]. Beneficiary Companies - Leading maternal and infant retail companies are expected to benefit directly from increased customer spending and frequency of purchases [15]. - Companies such as Kidswant and Huaiying Room are positioned to gain from the subsidy implementation due to their extensive retail networks and service offerings [16]. - Major players in the infant formula market, like China Feihe and Yili, are likely to see increased demand driven by the subsidy [17][18].

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 301108 | 洁雅股份 | 27.05 | -4.11% | 4.92万 | 1.35亿 | | 603193 | 润本股份 | 34.45 | -4.04% | 19.96万 | 6.96 Z | | 002511 | 中顺洁桑 | 7.66 | -2.67% | 53.20万 | 4.16 亿 | | 001206 | 依依股份 | 25.36 | -2.54% | 6.76万 | 1.72亿 | | 605009 | 豪倪护理 | 40.56 | -2.08% | 8.71万 | 3.62亿 | | 603238 | 诺邦股份 | 19.13 | -1.65% | 21.21万 | 4.32亿 | | 003006 | 百亚股份 | 26.97 | -1.21% | 7.48万 | 2.03亿 | | 300888 | 稳健医疗 | 40.82 | -1.02% | 9.16万 | 3.77亿 | | 600249 | 两面针 | 5.8 ...

| 证券代码：605009 证券简称：豪悦护理 | | | 公告编号：2025-039 | | | --- | --- | --- | --- | --- | | 杭州豪悦护理用品股份有限公司 | | | | | | 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： | | | | | | ? | | 股东持股情况：杭州希望众创实业投资合伙企业（有限合伙） | | | | （以下简 | | | | | | 称 "希望众创"）持有公司股份 8,746,181 | | 股，占公司总股本的 | | 4.07%。 | | ? 减持计划的实施结果情况：2025 年 7 月 9 日至 | | 2025 年 7 月 | 28 | 日期间， | | 希望众创通过集中竞价方式减持公司股份 107 | | 万股，占公司总股本的 | | | | 公司总股本的 3.57%。本次减持计划实施完毕。 | | | | | | 一、减持主体减持前基本情况 | | | | | | 股东名称 ...

证券代码：605009 证券简称：豪悦护理 公告编号：2025-039 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： 杭州豪悦护理用品股份有限公司 一、减持主体减持前基本情况 股东名称 杭州希望众创实业投资合伙企业（有限合伙） 股东身份 控股股东、实控人及一致行动人 √是 □否 直接持股 5%以上股东 □是 □否 董事、监事和高级管理人员 □是 □否 其他： 持股数量 8,746,181股 持股比例 4.07% 当前持股股份来源 IPO 前取得：4,192,800股 其他方式取得：4,553,381股 上述减持主体存在一致行动人： | | | 股东减持股份结果公告 | 股东名称 | 杭州希望众创实业投资合伙企业（有限合伙） | | --- | --- | | 减持计划首次披露日期 | 2025 年 6 月 17 日 | | 减持数量 | 1,070,000股 | | 减持期间 | 2025 年 7 月 9 日～2025 年 10 月 8 日 | | 减持方式及对应减持数 量 | 集中竞价减持，107 ...

Group 1 - The company HaoYue Care (stock code: 605009) announced that its shareholder, Hangzhou Hope Venture Capital Investment Partnership (Limited Partnership), will reduce its holdings by 1.07 million shares from July 9, 2025, to July 28, 2025, accounting for 0.50% of the total share capital [1] - The reduction price range is set between 39.56 to 41.76 yuan per share, with a total reduction amount of approximately 42.96 million yuan [1] - After the reduction, the shareholder will hold 7.6762 million shares, representing 3.57% of the total shares [1]

Core Viewpoint - The announcement details a reduction in shareholding by the major shareholder, Hangzhou Hope Venture Capital Partnership, which has decreased its stake from 67.13% to 66.86% through a planned share reduction, without triggering mandatory takeover obligations [1][2][3] Group 1: Shareholding Changes - Hangzhou Hope Venture Capital Partnership reduced its shareholding by selling 600,300 shares between July 9 and July 23, 2025, representing 0.50% of the total share capital [1][2] - The total number of shares held by the partnership and its concerted actors decreased from 144,383,979 shares to 143,783,679 shares [1][2] - The reduction in shareholding was part of a previously disclosed plan and does not violate any commitments made by the shareholder [1][3] Group 2: Impact on Company Structure - The reduction in shareholding is characterized as a normal divestment and is not expected to significantly impact the company's governance structure or ongoing operations [3] - The change in shareholding will not lead to a change in the controlling shareholder or actual controller of the company [3]

证券代码：605009 证券简称：豪悦护理 公告编号：2025-038 杭州豪悦护理用品股份有限公司 关于股东权益变动触及 1%刻度的提示性公告 杭州希望众创实业投资合伙企业（有限合伙）及其一致行动人保证向 本公司提供的信息真实、准确、完整，没有虚假记载、误导性陈述或重大 遗漏。 本公司董事会及全体董事保证公告内容与信息披露义务人提供的信息 一致。 重要内容提示： | 权益变动方向 | 比例增加□ | | 比例减少√ | | --- | --- | --- | --- | | 权益变动前合计比例 | 67.13% | | | | 权益变动后合计比例 | 66.86% | | | | 本次变动是否违反已作出的承 | 是□ | 否√ | | | 诺、意向、计划 | | | | | 是否触发强制要约收购义务 | 是□ | 否√ | | 一、 信息披露义务人及其一致行动人的基本信息 | | | | 李志彪 | √ | 控股股东/实控人 | | | --- | --- | --- | --- | | | □ | 控股股东/实控人的一致行动人 | √不适用 | | | □ | 其他直接持股股东 | | | | √ | 控 ...

Investment Rating - The report maintains a positive outlook on the light industry and paper-making sector for the mid-2025 earnings forecast, indicating a favorable investment rating for these industries [1]. Core Insights - The report highlights a divergence in performance within the export sector for Q2 2025, with companies that have a global supply chain showing resilience against external tariff disruptions. Notable performers include Jiangxin Home, Jiayi Co., and Tianzhen Co. [4][5]. - The two-wheeler segment is expected to benefit from government subsidies and new standards, with companies like Yadi Holdings and Aima Technology showing strong growth potential [4]. - The light consumer goods sector is characterized by a robust domestic demand, particularly in personal care products, with companies like Baiya Co. and Dengkang Oral Care expected to perform well [4]. - The packaging industry is undergoing consolidation, with leading companies experiencing a slowdown in capital expenditure, indicating a shift towards a harvest phase [4]. - The home furnishing sector is facing short-term order impacts due to the pause in government subsidies, but long-term growth is anticipated through market integration and new product categories [4]. - The paper-making sector is expected to see stable profitability due to low raw material costs and improved supply-demand dynamics [4]. Summary by Sections Export Sector - Q2 2025 shows performance divergence due to increased external disruptions, with companies like Jiangxin Home expected to see a 40%+ growth in net profit [5][6]. - Jiayi Co. anticipates a 30%+ revenue increase, while Tianzhen Co. is expected to recover orders significantly [4][5]. Two-Wheeler Sector - Companies like Aima Technology and Ninebot are projected to grow by 20% and 50% respectively in Q2 2025, driven by new product launches and market demand [8][9]. Light Consumer Goods - The sector is expected to show resilience, with companies like Chaohongji and Baiya Co. projected to grow by 20% and 2% respectively in revenue [10][11]. Packaging Industry - The report notes a continued consolidation trend, with companies like Yutong Technology and Baosteel Packaging expected to maintain stable revenue growth [12][14]. Home Furnishing Sector - The sector is facing challenges due to subsidy pauses, but companies like Mousse and Zhizhong Home are expected to adapt and show growth in the long term [13][15]. Paper-Making Sector - The report indicates stable profitability for the paper-making sector, with companies like Sun Paper and Huawang Technology expected to benefit from improved market conditions [17].

Investment Rating - The report emphasizes a focus on companies with high earnings growth certainty and relatively high dividend support in the domestic market [4][9]. Core Insights - The home furnishing sector shows a year-on-year increase of 28.7% in furniture retail sales in June, but demand has weakened since July due to the lack of new government subsidies [4][9]. - The new tobacco sector is witnessing a recovery, with Smoore's H1 2025 revenue expected to grow by 18% year-on-year, indicating stabilization in the vaping business [15][16]. - The paper and packaging industry is experiencing price stabilization, with expectations for a recovery in demand for white cardboard and cultural paper [17][18]. - The light industry and personal care sector is facing a downturn, but there are investment opportunities in leading brands [19][20]. - The toy sector, particularly Bubble Mart, is highlighted for its strong performance, with a 94% year-on-year increase in online sales of blind boxes in Q2 [21][22]. - The two-wheeler market is expected to see a rebound in Q3, driven by new policies in Vietnam promoting electric vehicle replacements [22][31]. Summary by Sections Home Furnishing Sector - Retail sales of furniture increased by 28.7% year-on-year in June, but demand has weakened since July due to subsidy issues [4][9]. - The overall real estate investment decreased by 10.3% year-on-year in June, with residential construction area down by 4.3% [4][9]. New Tobacco Sector - Smoore's H1 2025 revenue is projected to grow by 18% year-on-year, indicating a recovery in the vaping market [15][16]. - The FDA's recent approvals for JUUL products suggest a positive trend in the U.S. compliance market [15][16]. Paper and Packaging Sector - Paper prices are stabilizing, with expectations for recovery in demand for specific paper types [17][18]. - The packaging sector is seeing improvements in profitability for metal packaging companies due to industry consolidation [17][18]. Light Industry and Personal Care - The sector is experiencing a downturn, but leading brands are still seen as investment opportunities [19][20]. - Online sales for personal care products have shown mixed results, with some categories facing increased competition [20][23]. Toy Sector - Bubble Mart is highlighted for its strong performance, with a 209% year-on-year increase in GMV [21][22]. - The overall toy market is benefiting from new operational models and IP advantages [21][22]. Two-Wheeler Market - The market is expected to rebound in Q3, with new policies in Vietnam promoting electric vehicle replacements [22][31]. - Leading companies in the sector are expected to show good growth in their mid-year reports [22][31].