Market Overview - The personal care products sector experienced a decline of 1.95% on September 3, with Yiyi Co. leading the drop [1] - The Shanghai Composite Index closed at 3813.56, down 1.16%, while the Shenzhen Component Index closed at 12472.0, down 0.65% [1] Stock Performance - Notable stock performances in the personal care sector include: - Baiya Co. (003006) closed at 30.19, up 0.30% with a trading volume of 30,500 shares and a transaction value of 92.99 million yuan - Yiyi Co. (001206) closed at 24.29, down 4.45% with a trading volume of 48,800 shares and a transaction value of 12.2 million yuan [2] - Other companies such as Huayue Nursing (605009) and Beijia Clean (603059) also saw declines of 0.49% and 0.55% respectively [1][2] Capital Flow - The personal care products sector saw a net outflow of 68.64 million yuan from institutional investors and 6.99 million yuan from retail investors, while there was a net inflow of 75.63 million yuan from individual investors [2] - Detailed capital flow for specific stocks indicates: - Baiya Co. had a net inflow of 2.77 million yuan from institutional investors, while Yiyi Co. experienced a net outflow of 5.02 million yuan [3] - Other companies like Reliable Co. (301009) and Junan Co. (300658) also faced significant net outflows from institutional investors [3]

Core Viewpoint - The company has approved a share repurchase plan using its own funds, with a total repurchase amount ranging from 20 million to 40 million RMB, aimed at employee stock ownership plans and equity incentives [1][2]. Group 1: Share Repurchase Plan - The company will repurchase its A-shares at a maximum price of 26.00 RMB per share, with an estimated repurchase quantity between 769,230 and 1,538,461 shares, representing a percentage of the total share capital [1]. - Following the completion of the 2024 annual equity distribution plan, the maximum repurchase price was adjusted to 25.63 RMB per share, with the new estimated repurchase quantity between 890,881 and 1,678,592 shares [2]. - As of August 31, 2025, the company has repurchased a total of 481,600 shares, accounting for 0.26% of the total share capital, with a maximum transaction price of 25.49 RMB and a minimum of 16.59 RMB per share, totaling approximately 9.61 million RMB [2][3]. Group 2: Compliance and Future Actions - The share repurchase is funded by the company's own resources and complies with relevant laws and regulations, as well as the established repurchase plan [3]. - The company will continue to implement the repurchase plan based on market conditions and will fulfill its information disclosure obligations as required by law [3].

Buyback Plan Overview - The company approved a share buyback plan on April 11, 2025, with a total budget of up to 40 million yuan and a minimum of 20 million yuan, at a maximum price of 26 yuan per share [1] - The estimated range for the number of shares to be repurchased is between 769,230 and 1,538,461 shares, representing 0.4160% to 0.8321% of the total share capital [1] - The buyback period is set for 12 months from the date of board approval, with adjustments to the maximum buyback price due to the 2024 annual equity distribution plan [1] Latest Buyback Progress - As of August 31, 2025, the company has repurchased 481,600 shares, accounting for 0.26% of the current total share capital [2] - The highest transaction price was 25.49 yuan per share, while the lowest was 16.59 yuan per share, with a total transaction amount of 9,608,351 yuan [2] - The buyback is funded by the company's own funds and complies with the established plan and regulations [2] Compliance Statement - The company's share buyback adheres to the regulations regarding timing, quantity, price, and commission periods as per the "Buyback Guidelines" [3] - The buyback was not conducted during periods of significant events affecting stock prices and complies with all relevant requirements [3] - The company will continue to advance the buyback plan within the designated period and will disclose progress in accordance with regulations [3]

证券日报网讯9月1日晚间，依依股份（001206）发布公告称，截至2025年8月31日，公司通过回购专用 账户以集中竞价交易方式累计回购公司股份481，600股，占公司目前总股本的0.26%。 ...

格隆汇9月1日丨依依股份(001206.SZ)公布，截至2025年8月31日，公司通过回购专用账户以集中竞价交 易方式回购公司股份共计481,600股，占公司目前总股本的0.26%，最高成交价为25.49元/股，最低成交 价为16.59元/股，累计成交总金额为960.8351万元(不含交易费用)。 ...

鉴于公司已实施完毕 2024 年度权益分派方案，公司回购股份价格上限由 26.00 元/股调 整为 25.63 元/股。具体内容详见公司于 2025 年 8 月 2 日在指定信息披露媒体及巨潮资讯网 披露的《关于回购公司股份的进展公告》（公告编号：2025-051）。 公司将于 2025 年 9 月 3 日实施完毕 2025 年半年度权益分派实施方案，公司回购股份 价格上限将由 25.63 元/股调整为 25.39 元/股，回购股份价格上限调整的生效日期为 2025 年 9 月 3 日。若按回购资金总额上限 4,000 万元（含）、下限 2,000 万元（含）和回购股份价 格上限 25.39 元/股测算，预计本次回购股份数量区间为 890,881 股至 1,678,592 股，占公司 目前总股本比例的区间为 0.4818%至 0.9079%。具体回购数量以回购期满或回购完成时实际 回购的股份数量为准。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号——回 购股份》（以下简称"《回购指引》"）等有关规定，公司在回购期间应当在每个月的前三个 交易日内公告截至上月末的回购进展情况。现将回 ...

Group 1 - The company, Yiyi Co., Ltd. (SZ 001206), announced a share buyback of approximately 480,000 shares, representing 0.26% of its total share capital, with a total transaction amount of about 9.61 million yuan [1] - The highest transaction price during the buyback was 25.49 yuan per share, while the lowest was 16.59 yuan per share [1] - As of the report, Yiyi Co., Ltd. has a market capitalization of 4.8 billion yuan [1] Group 2 - For the first half of 2025, the company's revenue composition is as follows: disposable pet hygiene products accounted for 93.91%, non-woven fabrics for 4.85%, personal disposable hygiene products for 1.01%, and other businesses for 0.24% [1]

Group 1 - The core viewpoint of the news is the recognition of outstanding corporate secretaries in the capital market, highlighting the importance of their roles in corporate governance and investor relations [1][2] - The 11th Golden Unicorn Award for Outstanding Corporate Secretary was awarded to Zhou Lina, the secretary of the board of directors of Yiyi Co., for her exceptional professional capabilities and performance [1][2] - The Golden Unicorn Award has been held for eleven sessions, recognizing over 900 outstanding corporate secretaries, and is considered a highly authoritative award in the industry [1] Group 2 - Corporate secretaries play multiple roles, acting as gatekeepers for corporate operations, advisors for capital strategy, spokespersons for information disclosure, and architects of investor relations [1][2] - Zhou Lina's recognition reflects not only her individual excellence in capital communication and compliance governance but also the market's high regard for Yiyi Co.'s governance level and value growth [2]

Market Overview - The personal care products sector experienced a decline of 1.87% on September 1, with Haoyue Care leading the drop [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Stock Performance - Notable stock performances include: - Yiyi Co., Ltd. (001206) closed at 25.98, up 2.81% with a trading volume of 91,800 shares and a turnover of 238 million yuan [1] - Haoyue Care (605009) closed at 36.35, down 10.00% with a trading volume of 111,800 shares and a turnover of 408 million yuan [2] - Zhongshun Jierou (002511) closed at 8.64, down 1.48% with a trading volume of 186,900 shares and a turnover of 162 million yuan [2] Capital Flow - The personal care products sector saw a net outflow of 147 million yuan from institutional investors, while retail investors experienced a net inflow of 98.24 million yuan [2] - The capital flow for individual stocks shows: - Ziya Co., Ltd. (003006) had a net inflow of 6.03 million yuan from institutional investors [3] - Haoyue Care (605009) had a significant net outflow of 622.31 million yuan from institutional investors [3]

Core Viewpoint - The pet economy in China is experiencing significant growth, with leading companies reporting impressive financial results and expanding their overseas markets, indicating a robust future for the industry [2][3][6]. Company Performance - Zhongchong Co., Ltd. reported a 42.56% year-on-year increase in net profit and a 24.32% increase in revenue for the first half of 2025, with its main grain business revenue soaring by 85.79% [2]. - Guobao Pet's revenue reached 3.221 billion yuan, a 32.72% increase year-on-year, with a net profit of 378 million yuan, up 22.55% [2]. - Yiyi Co. achieved a remarkable 108.34% growth in net profit for 2024, reflecting the positive outlook for the pet industry in China [2]. International Expansion - Leading pet companies have a high proportion of revenue from overseas markets, with Zhongchong's overseas revenue accounting for 64.75% of total revenue, while other companies like Xinbao and Peiti have even higher percentages at over 78% and around 93.47%, respectively [3][5]. - Zhongchong has established over 22 modern production bases globally and has been actively acquiring overseas brands to enhance its market presence [4]. Market Trends - The Chinese pet market is diversifying, with a growing trend towards premium products and services, as pet owners increasingly view pets as family members [6][7]. - The average annual spending per pet is rising, with the urban pet consumption market expected to grow by 7.5% in 2024, reaching 300.2 billion yuan [6]. - Companies are expanding their product offerings beyond basic necessities to include high-margin items like pet snacks, toys, and smart devices, indicating a shift towards more diversified revenue streams [7][8]. Industry Dynamics - The pet economy is characterized by a low concentration of leading companies, with many new entrants from various sectors, including technology and consumer goods, looking to capitalize on the growing market [8]. - Major brands from different industries, such as Adidas and Xiaomi, are entering the pet market, suggesting a trend of cross-industry collaboration and innovation [8].