Core Viewpoint - The company, Ru Yi Group (002193.SZ), has received a notice from the China Securities Regulatory Commission (CSRC) regarding a formal investigation for suspected violations of information disclosure laws and regulations [1] Summary by Relevant Categories Company Announcement - Ru Yi Group announced that it has received a "Notice of Investigation" from the CSRC due to allegations of illegal information disclosure [1] Regulatory Action - The CSRC has decided to initiate a formal investigation against the company based on relevant laws and regulations [1]

Core Points - On October 14, Ru Yi Group (002193) announced that it received a notice from the China Securities Regulatory Commission (CSRC) regarding a formal investigation for suspected violations of information disclosure laws [2] - The company stated that its production and operational activities are currently running normally and that the investigation will not have a significant impact on its production, operations, or management [2] - As of October 14, Ru Yi Group's stock rose by 0.87%, closing at 5.81 yuan per share, with a total market capitalization of 1.521 billion yuan [2]

Core Viewpoint - Ruiyi Group (002193.SZ) has received a notice of investigation from the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, and the company will cooperate with the investigation while maintaining normal operations [1][1]. Summary by Categories Regulatory Actions - The CSRC has decided to initiate an investigation against Ruiyi Group due to alleged violations of information disclosure regulations under the Securities Law and the Administrative Penalty Law of the People's Republic of China [1][1]. Company Operations - Ruiyi Group stated that it will actively cooperate with the CSRC's investigation and will adhere to relevant laws and regulatory requirements for timely information disclosure [1][1]. - The company confirmed that all production and operational activities are currently proceeding normally and orderly, indicating that the investigation will not have a significant impact on its production, operations, or management [1][1].

证券代码：002193 证券简称：如意集团 公告编号：2025－029 本公司及董事会全体成员保证公告内容的真实、准确和完整，对公告的虚假 记载、误导性陈述或者重大遗漏负连带责任。 山东如意毛纺服装集团股份有限公司（以下简称"公司"）于 2025 年 10 月 14 日收到中国证券监督管理委员会（以下简称"中国证监会"）下发的《立 案告知书》（编号：证监立案字 0042025015 号），因涉嫌信息披露违法违规， 根据《中华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，中 国证监会决定对公司进行立案。 公司将积极配合中国证监会立案调查工作，并严格按照相关法律法规的规定 和监管要求及时履行信息披露义务。目前，公司各项生产经营活动正常有序开展， 本次立案不会对公司生产、经营和管理造成重大影响。 公司指定信息披露媒体为《中国证券报》、《证券时报》和巨潮资讯网 （www.cninfo.com.cn），公司发布的信息以上述指定媒体刊登的公告为准。敬请 广大投资者理性投资，注意风险。 山东如意毛纺服装集团股份有限公司 关于公司收到中国证券监督管理委员会立案告知书的公告 特此公告。 山东如意毛纺服装集团股份有限 ...

Core Viewpoint - The company, Ruyi Group, has received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation into alleged violations of information disclosure laws [1] Group 1 - On October 14, Ruyi Group announced that it received a "Notice of Case Filing" from the CSRC [1] - The investigation is due to suspected illegal activities related to information disclosure [1] - The company stated that its production and operational activities are currently normal and orderly, and the investigation will not have a significant impact on its production, operations, and management [1]

Core Viewpoint - Ruiyi Group has received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation for suspected violations of information disclosure laws, but the company asserts that its production and operational activities remain normal and orderly, and the investigation will not significantly impact its management or operations [1] Group 1 - The company has been officially notified of a formal investigation by the CSRC due to alleged information disclosure violations [1] - Ruiyi Group is committed to cooperating with the investigation process [1] - The company emphasizes that its current production and operational activities are functioning normally and will not be significantly affected by the investigation [1]

如意集团公告，公司于2025年10月14日收到中国证监会下发的《立案告知书》，因涉嫌信息披露违法违 规，中国证监会决定对公司进行立案。公司将积极配合调查工作，并履行信息披露义务。目前公司生产 经营正常，本次立案不会对公司产生重大影响。 ...

Core Viewpoint - The textile industry is experiencing a recovery, but Ru Yi Group is facing operational challenges, with a decline in revenue and increased losses in the first half of the year despite overall industry growth [1]. Group 1: Business Performance - Ru Yi Group's core business segments are under pressure, with significant revenue declines in both its worsted woolen fabric and apparel product lines compared to the same period last year [2]. - Both domestic and international sales markets are showing weakness, with a notable decrease in domestic revenue indicating challenges in market expansion [3][4]. Group 2: Technological Innovation - Despite operational challenges, Ru Yi Group is advancing its technology research and innovation, recently launching a new series of 100% polypropylene yarn products that fill a market gap in high-performance yarns [5]. - The new yarn boasts exceptional properties, including low density and high strength, which could open up new innovative applications in downstream markets [6]. Group 3: Future Strategy - The management has outlined future growth drivers, focusing on personalized and team custom orders, technological advancements, and cost reduction to enhance production management [7]. - The company plans to strengthen industry-academia-research integration, particularly in the modification of wool fibers, while currently having no plans for strategic investments or directed share placements to alleviate financial pressures [8]. - Internal governance issues are also a concern, as the controlling shareholder's entire stake is pledged and judicially frozen, with the shareholder listed as a dishonest executor [8]. - Looking ahead, the company is optimistic about improved sales for autumn and winter products, with current orders indicating a more favorable outlook for this season [8].

Group 1 - The core viewpoint of the news is that Ruiyi Group's stock has shown fluctuations in price and trading volume, with a recent increase of 2.11% on September 26, reaching a price of 5.80 CNY per share and a total market capitalization of 1.518 billion CNY [1] - Ruiyi Group's stock price has increased by 2.47% year-to-date, with a 2.29% rise over the last five trading days and a 1.75% increase over the last 20 days, while it has decreased by 3.33% over the last 60 days [2] - The company has appeared on the "Dragon and Tiger List" twice this year, with the most recent appearance on January 17, where it recorded a net buy of -14.6293 million CNY [2] Group 2 - As of September 19, the number of shareholders for Ruiyi Group is 26,000, which is a decrease of 2.13% from the previous period, while the average circulating shares per person increased by 2.18% to 10,077 shares [3] - For the first half of 2025, Ruiyi Group reported an operating income of 154 million CNY, a year-on-year decrease of 32.25%, and a net profit attributable to the parent company of -95.7257 million CNY, reflecting a year-on-year decrease of 105.00% [3] - Ruiyi Group has cumulatively distributed dividends of 91.1077 million CNY since its A-share listing, with no dividends distributed in the last three years [4]

Core Viewpoint - Recently, Ruiyi Group (002193) reported a significant decline in its financial performance for the first half of 2025, with total revenue dropping by 32.25% year-on-year and a net loss of 957.26 million yuan, marking a 105% decline compared to the previous year [1] Financial Performance Summary - Total revenue for the first half of 2025 was 154 million yuan, down from 228 million yuan in 2024, representing a decrease of 32.25% [1] - The net profit attributable to shareholders was -95.73 million yuan, a decline of 105% from -46.70 million yuan in the previous year [1] - The gross profit margin decreased to 17.71%, down 4.25% year-on-year, while the net profit margin fell to -61.97%, a drop of 202.58% [1] - The total of selling, administrative, and financial expenses reached 63.02 million yuan, accounting for 40.8% of total revenue, which is an increase of 60.11% year-on-year [1] - Earnings per share were -0.37 yuan, a decrease of 105.56% compared to -0.18 yuan in the previous year [1] Cash Flow and Debt Analysis - The company's cash flow situation is concerning, with cash and cash equivalents to current liabilities ratio at only 0.99% and the average operating cash flow over the past three years to current liabilities ratio at 0.88% [3] - The interest-bearing debt ratio has reached 43.15%, and the ratio of interest-bearing debt to the average operating cash flow over the past three years is 93.56% [3] - The liquidity ratio is low at 0.44, indicating potential liquidity issues [3] Historical Performance Insights - Over the past decade, the median Return on Invested Capital (ROIC) has been weak at 1.84%, with the worst year being 2024, where ROIC was -24.4% [2] - The company has reported losses in four out of its 17 annual reports since going public, indicating a history of poor financial performance [2]