Core Viewpoint - Baoxiniao Holding Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, attributed to a sluggish domestic consumption environment and increased strategic expenses [6][17]. Company Overview and Financial Indicators - The company did not distribute cash dividends or issue bonus shares for the reporting period [2]. - Key financial metrics for the first half of 2025 include: - Revenue: CNY 2,390.77 million, down 3.58% from CNY 2,479.42 million in the previous year [6]. - Net profit attributable to shareholders: CNY 197.23 million, a decrease of 42.66% from CNY 343.99 million [6]. - Basic earnings per share: CNY 0.14, down 41.67% from CNY 0.24 [6]. - Total assets: CNY 6,591.03 million, down 1.27% from CNY 6,675.97 million [6]. Industry Context - In the first half of 2025, China's total retail sales of consumer goods reached CNY 24,545.8 billion, growing by 5.0% year-on-year [7]. - The retail sales of clothing in designated large-scale enterprises totaled CNY 742.6 billion, with a year-on-year increase of 3.1% [7]. - Online retail sales reached CNY 7,429.5 billion, growing by 8.5%, but clothing online sales only increased by 1.4% [7]. Business Operations - Baoxiniao focuses on multi-brand development, with its main products including suits, shirts, jackets, and various other apparel [8][9]. - The company operates three major production bases in Wenzhou, Shanghai, and Hefei, and has established a comprehensive supply chain management system [10]. - The company has a total of 1,809 offline stores, including 837 direct-operated and 972 franchised stores, and actively expands its online presence through major e-commerce platforms [23]. Brand Performance - The Baoxiniao brand has been focusing on enhancing its core categories and adapting to market demands, particularly in the wedding and business attire segments [18]. - Hazzys brand has achieved steady growth, optimizing its channel structure and enhancing online sales [19]. - Bono brand, known for corporate clothing, has seen increased order volumes despite a decline in revenue due to previous order cycles [19]. - Lafuma brand reported a revenue increase of 20.48% year-on-year, focusing on fashion and outdoor apparel [21].

报喜鸟控股股份有限公司 2025 年半年度报告 | 摘要 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 证券代码：002154 鸟 | | 证券简称：报 喜 | | | 公告编号：2025 | 年 | | 33 号 | | | | | | | | 报喜鸟控股股份有限公司 | | | | | | | | 一、重要提示 | | | | | | | | 本半年度报告摘要来自半年度报告全文，为全面了解本公司的经营成果、财务状况及未来发展规划， | | | | | | | | 投资者应当到证监 | | | | | | | | 会指定媒体仔细阅读半年度报告全文。 | | | | | | | | 所有董事均已出席了审议本报告的董事会会议。 | | | | | | | | 非标准审计意见提示 | | | | | | | | □适用 ?不适用 | | | | | | | | 董事会审议的报告期利润分配预案或公积金转增股本预案 | | | | | | | | □适用 ?不适用 | | | | | | | | 公司计划不派发现金红利，不送红股，不以公积金转增 ...

Group 1 - The company held its 18th meeting of the 8th Board of Directors on August 14, 2025, with all 7 directors present, confirming the legality and validity of the meeting [1] - The Board approved the nomination of Wu Zhize, Wu Yuexian, and Wu Liya as non-independent director candidates for the 9th Board, pending shareholder approval [1] - The Board also approved the nomination of Wo Jian, Li Haoran, and Su Baoyan as independent director candidates, with specific terms outlined for each candidate [1] Group 2 - All resolutions passed with unanimous support, receiving 7 votes in favor, 0 against, and 0 abstentions [2] - The details of the meeting and resolutions will be published on the company's official information disclosure platforms [1][3]

Meeting Information - The second extraordinary general meeting of shareholders for 2025 will be held on September 2, 2025, at 14:00 [1] - Shareholders can vote through the Shenzhen Stock Exchange trading system or the internet voting system on the same day [1][4] - All shareholders registered by the close of trading on August 26, 2025, are entitled to attend and vote [1][2] Agenda Items - The meeting will discuss two cumulative voting proposals: - Proposal 1 requires the election of 3 non-independent directors - Proposal 2 requires the election of 3 independent directors - Votes for these proposals will be counted separately for minority investors holding less than 5% of shares [2][3] Registration Process - Corporate shareholders must provide a copy of the business license and a power of attorney if represented by an agent [3] - Individual shareholders must present their ID and a power of attorney if represented by an agent [3] - Remote shareholders can register via fax, mail, or letter by August 28, 2025 [4] Voting Procedures - Shareholders can cast votes for non-cumulative proposals by indicating their agreement, disagreement, or abstention - For cumulative voting, shareholders can distribute their votes among candidates but cannot exceed their total voting rights [6][7]

证券日报网讯 8月15日晚间，报喜鸟发布公告称，公司于2025年8月14日召开职工代表大会，经职工代 表民主选举，同意选举杨芳女士为公司第九届董事会职工代表董事。 （文章来源：证券日报） ...

Group 1 - The core viewpoint of the article is that Baoxiniang reported a decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [1] Group 2 - The company's operating revenue for the first half of 2025 was approximately 2.391 billion yuan, representing a year-on-year decrease of 3.58% [1] - The net profit attributable to shareholders of the listed company was about 197 million yuan, showing a significant year-on-year decline of 42.66% [1]

Group 1 - The company reported that its eighth board meeting was held on August 14, 2025, to discuss asset impairment provisions and asset write-offs for the first half of 2025 [1] - For the year 2024, the company's revenue composition was 97.39% from the textile and apparel industry and 2.61% from other businesses [1] - The current market capitalization of the company is 5.6 billion yuan [2]

Group 1 - The company reported a revenue of 2.391 billion yuan for the first half of 2025, representing a year-on-year decrease of 3.58% [1] - The net profit attributable to shareholders of the listed company was 197 million yuan, showing a year-on-year decline of 42.66% [1]

Core Viewpoint - The company reported a decline in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [2] Financial Performance - The company's operating revenue for the first half of 2025 was approximately 2.391 billion yuan, a year-on-year decrease of 3.58% [2] - The net profit attributable to shareholders was around 197 million yuan, reflecting a significant year-on-year decline of 42.66% [2] - Basic earnings per share were reported at 0.14 yuan, down 41.67% compared to the previous year [2]

报喜鸟控股股份有限公司 独立董事候选人声明与承诺 声明人沃健作为报喜鸟控股股份有限公司第九届董事会独立董 事候选人，已充分了解并同意由提名人报喜鸟控股股份有限公司董 事会提名为报喜鸟控股股份有限公司（以下简称该公司）第九届董 事会独立董事候选人。现公开声明和保证，本人与该公司之间不存 在任何影响本人独立性的关系，且符合相关法律、行政法规、部门 规章、规范性文件和深圳证券交易所业务规则对独立董事候选人任 职资格及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过报喜鸟控股股份有限公司第八届董事会提名 委员会或者独立董事专门会议资格审查，提名人与本人不存在利害 关系或者其他可能影响独立履职情形的密切关系。 如否，请详细说明： 五、本人已经参加培训并取得证券交易所认可的相关培训证明 材料（如有）。 是 □否 如否，请详细说明： 二、本人不存在《中华人民共和国公司法》第一百七十八条等 规定不得担任公司董事的情形。 □是 □否 如否，请详细说明： 三、本人符合中国证监会《上市公司独立董事管理办法》和深 圳证券交易所业务规则规定的独立董事任职资格和条件。 是 □否 如否，请详细说明： 四、本人符合该公司章程规定的独 ...