Summary of Conference Call for Haoyue Care Industry Overview - The childcare subsidy policy, although limited to 3,600 yuan annually, is expected to positively impact birth rates across the country, particularly in populous provinces like Henan, Jiangsu, Zhejiang, Shanghai, and Guangdong, where there is a higher willingness among migrant populations to have newborns [2][3] - The competition in the baby diaper and sanitary napkin markets is intensifying, with new entrants such as internet celebrities and companies like Three Squirrels and Dongfang Zhenxuan increasing their presence, leading to a general rise in terminal sales expenses [2][5] Company Insights - The company has not observed a significant increase in newborn numbers in 2025, contrasting with the order pressure experienced in early 2024 [3] - The introduction of the new product "Jieting" has seen increased promotion on platforms like Douyin, achieving some sales but with a lower ROI conversion rate compared to the previous year due to heightened market competition [6][8] - The company has leveraged its supply chain advantages to ensure wood pulp supply and reduce costs, enabling the rapid launch of new products by the Sibao team [7] Product Development and Market Strategy - New products are focusing on material and process innovations, with higher gross margins and average prices compared to traditional products, leading to a significant increase in order volumes [4][14] - The company has invested heavily in marketing and promotional activities to attract consumers and institutions for product trials, while also updating and integrating production equipment to enhance efficiency [8][9] - The management structure post-acquisition of "Jieting" remains stable, with the original team continuing to oversee operations, ensuring continuity and stability in business operations [10] Financial Performance and Market Trends - The overseas business is expected to maintain good growth, particularly in markets like Thailand, Japan, India, Singapore, Vietnam, Canada, and the United States, with a notable increase in self-owned brand sales [11][12] - The company is focusing on offline sales, which still dominate despite the rise in online sales, and is implementing new strategies for product promotion in physical stores [15] Management and Operational Enhancements - Post-acquisition, the company has shifted its performance evaluation criteria to emphasize sales and market expansion rather than just net profit, aiming to enhance team motivation and overall performance [16]

证券之星消息，8月4日个护用品板块较上一交易日上涨1.67%，倍加洁领涨。当日上证指数报收于 3583.31，上涨0.66%。深证成指报收于11041.56，上涨0.46%。个护用品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) | | --- | --- | --- | --- | --- | --- | | 603059 | 倍加洁 | 37.16 | 10.01% | 2.01万 | 7476.70万 | | 605009 | 豪悦护理 | 39.79 | 4.68% | 5.23万 | 2.05亿 | | 001206 | 依依股份 | 25.46 | 3.88% | 5.17万 | 1.30亿 | | 301009 | 可靠股份 | 13.83 | 2.83% | 7.36万 | 1.00亿 | | 600249 | 两面针 | 5.93 | 2.07% | 21.04万 | 1.25亿 | | 603193 | 润本股份 | 33.52 | 1.58% | 13.02万 | 4.40亿 | | 301108 | 洁雅股份 | 26.31 | 1 ...

证券之星消息，7月31日个护用品板块较上一交易日下跌1.99%，延江股份领跌。当日上证指数报收于 3573.21，下跌1.18%。深证成指报收于11009.77，下跌1.73%。个护用品板块个股涨跌见下表： 从资金流向上来看，当日个护用品板块主力资金净流出1.63亿元，游资资金净流出4671.12万元，散户资 金净流入2.1亿元。个护用品板块个股资金流向见下表： | 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 | | --- | --- | --- | --- | --- | --- | --- | --- | | 603059 | 倍加洁 | 2786.97万 | 9.56% | -2061.97万 | -7.07% | -725.00万 | -2.49% | | 001328 | 登康口腔 | 783.69万 | 6.75% | -633.61万 | -5.46% | -150.08万 | -1.29% | | 003006 自亚股份 | | 85.10万 | 0.53% | -742.19万 | -4.66% | ...

Core Viewpoint - The announcement details the completion of business registration changes for Jiangsu Haoyue Industrial Co., Ltd., a wholly-owned subsidiary of Hangzhou Haoyue Nursing Products Co., Ltd., which has obtained a new business license following the expansion of its operational scope [1][2]. Group 1: Company Information - Jiangsu Haoyue Industrial Co., Ltd. is a wholly-owned subsidiary of Hangzhou Haoyue Nursing Products Co., Ltd. [1] - The company has completed the business registration process and received a business license issued by the Shuyang County Market Supervision Administration [2]. - The registered capital of Jiangsu Haoyue is 220 million RMB [2]. Group 2: Business Scope - The operational scope includes the production and sales of first-class medical devices, sanitary products, and various hygiene items such as women's sanitary products, diapers, and wet wipes [2]. - The company is also involved in the production and sales of medical masks, disinfectants, and personal protective equipment [2][3]. - Additional activities include property management services and the import and export of various goods and technologies [2].

Group 1 - The company, Hangzhou Haoyue Nursing Products Co., Ltd., has completed the business registration process for its wholly-owned subsidiary, Jiangsu Haoyue Industrial Co., Ltd., which has changed its business scope [1] - The new business scope includes the production and sales of various hygiene products, medical masks, and protective equipment, as well as property management services and import-export activities [1][2] - The subsidiary is now authorized to produce and sell a wide range of products, including but not limited to diapers, sanitary pads, disinfectants, and personal protective equipment [1][2] Group 2 - The announcement confirms that the company is expanding its operational capabilities in the healthcare and hygiene sectors, which may enhance its market position [1] - The company is also involved in the production and sales of first-class medical devices and cosmetics, indicating a diversified business model [2] - The company emphasizes compliance with legal requirements for its new business activities, ensuring that all operations are conducted within regulatory frameworks [1][2]

Core Viewpoint - The announcement indicates that Jiangsu Haoyue, a wholly-owned subsidiary of Haoyue Nursing, has completed the registration process for a change in its business scope and has obtained a new business license from the Shuyang County Market Supervision Administration [1] Group 1 - Jiangsu Haoyue is a wholly-owned subsidiary of Haoyue Nursing [1] - The company has applied for and completed the business scope change registration [1] - The new business license was issued by the Shuyang County Market Supervision Administration [1]

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 ...