Market Overview - The personal care products sector experienced a decline of 1.1% on September 12, with Baiya Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Stock Performance - Key stocks in the personal care sector showed varied performance, with Jeya Co., Ltd. increasing by 5.01% to a closing price of 34.18 [1] - Other notable movements include: - Yiyi Co., Ltd. up 0.53% to 28.40 - Runben Co., Ltd. down 0.41% to 28.82 - Reliable Co., Ltd. down 0.64% to 13.87 [1][2] Trading Volume and Value - The trading volume and value for selected stocks are as follows: - Jeya Co., Ltd.: 36,300 shares, 123 million yuan - Yiyi Co., Ltd.: 60,500 shares, 175 million yuan - Runben Co., Ltd.: 15,900 shares, 46.01 million yuan [1] Capital Flow Analysis - The personal care products sector saw a net outflow of 24.69 million yuan from institutional investors and 8.31 million yuan from speculative funds, while retail investors had a net inflow of 33 million yuan [2] - Detailed capital flow for selected stocks indicates: - Zhongshun Jierou: 12.26 million yuan net inflow from institutions - Yiyi Co., Ltd.: 6.18 million yuan net inflow from institutions [3] Summary of Individual Stocks - Zhongshun Jierou had a net institutional inflow of 12.26 million yuan, but a net outflow from speculative and retail investors [3] - Reliable Co., Ltd. showed mixed results with a small net inflow from speculative funds but a net outflow from retail investors [3] - Overall, the sector's performance reflects a cautious sentiment among institutional and speculative investors, while retail investors appear to be more active [2][3]

Market Overview - The personal care products sector increased by 0.76% on September 11, with Yanjiang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Stock Performance - Yanjiang Co., Ltd. (300658) closed at 8.61, with a rise of 6.82% and a trading volume of 412,000 shares, amounting to a transaction value of 353 million yuan [1] - Yiyi Co., Ltd. (001206) closed at 28.25, up 4.28%, with a trading volume of 77,700 shares and a transaction value of 215 million yuan [1] - Beijia Co., Ltd. (603059) closed at 32.58, up 2.45%, with a trading volume of 62,400 shares and a transaction value of 203 million yuan [1] - Other notable performances include Reliable Co., Ltd. (301009) at 13.96 (+1.82%), and Zhongshun Jiesang (002511) at 8.58 (+1.06%) [1] Capital Flow Analysis - The personal care products sector experienced a net outflow of 43.97 million yuan from institutional investors and 22.16 million yuan from speculative funds, while retail investors saw a net inflow of 66.14 million yuan [2] - The detailed capital flow for individual stocks shows that Yiyi Co., Ltd. had a net inflow of 11.10 million yuan from institutional investors, while Reliable Co., Ltd. had a net inflow of 4.75 million yuan [3] - Conversely, companies like Two-Sided Needle (600249) and Dengkang Oral Care (001328) experienced significant net outflows from institutional and speculative funds [3]

Market Overview - The personal care products sector experienced a decline of 0.39% on September 10, with Dengkang Oral Care leading the drop [1] - The Shanghai Composite Index closed at 3812.22, up 0.13%, while the Shenzhen Component Index closed at 12557.68, up 0.38% [1] Stock Performance - Notable stock performances include: - Yanjing Co. (300658) rose by 7.47% to a closing price of 8.06, with a trading volume of 506,100 shares and a turnover of 412 million [1] - Jieya Co. (301108) increased by 2.01% to 32.98, with a trading volume of 25,700 shares and a turnover of 83.7 million [1] - Liangmian Needle (600249) saw a rise of 1.21% to 6.69, with a trading volume of 1,118,000 shares and a turnover of 745 million [1] - Dengkang Oral Care (001328) fell by 2.24% to 40.62, with a trading volume of 17,500 shares and a turnover of 71.3 million [2] Capital Flow - The personal care products sector saw a net outflow of 18.51 million from institutional investors, while retail investors contributed a net inflow of 33.14 million [2] - The capital flow for key stocks includes: - Liangmian Needle had a net inflow of 22.12 million from institutional investors, but a net outflow of 16.05 million from retail investors [3] - Yanjing Co. experienced a net inflow of 3.64 million from institutional investors and a net outflow of 14.09 million from retail investors [3] - Dengkang Oral Care had a net outflow of 1.05 million from institutional investors and a net outflow of 2.16 million from retail investors [3]

Group 1 - The core point of the news is that Baiya Co., Ltd. has experienced a decline in stock price, with a cumulative drop of 5.64% over three consecutive days, currently trading at 29.95 yuan per share and a total market value of 12.868 billion yuan [1] - Baiya Co., Ltd. is a well-known comprehensive enterprise in the disposable hygiene products industry in China, primarily engaged in the research, production, and sales of disposable hygiene products, with sanitary napkins accounting for 95.67% of its main business revenue [1] - The company was established on November 29, 2010, and was listed on September 21, 2020, with its main business revenue composition being 95.67% from sanitary napkins, 2.20% from ODM, and 2.13% from diapers [1] Group 2 - Donghai Fund has a fund that heavily invests in Baiya Co., Ltd., specifically the Donghai Consumer Selection Mixed Fund A, which reduced its holdings by 2,200 shares in the second quarter, now holding 31,600 shares, representing 5.8% of the fund's net value [2] - The fund has experienced a floating loss of approximately 14,200 yuan today and a total floating loss of 56,600 yuan during the three-day decline [2] - The Donghai Consumer Selection Mixed Fund A was established on October 17, 2023, with a latest scale of 13.9721 million yuan, achieving a year-to-date return of 13.47% and a one-year return of 38.01% [2]

Group 1 - The company, Baiya Co., announced the election of Mei Yingpeng as the employee representative director of the fourth board of directors during the employee representative assembly held on September 5, 2025 [2]

Group 1 - The core point of the article is that Baiya Co., Ltd. announced the approval of two significant resolutions during its first extraordinary general meeting of shareholders in 2025, which include changes to the company's registered capital and amendments to relevant management systems [1] Group 2 - The company has passed a resolution regarding the change of its registered capital, indicating potential adjustments in its financial structure [1] - The company also approved a resolution to revise and establish relevant management systems, which may enhance its operational efficiency and governance [1]

证券代码：003006 证券简称：百亚股份 公告编号：2025-039 根据《中华人民共和国公司法》《关于新<公司法>配套制度规则实施相关过 渡期安排》以及《公司章程》等相关规定，公司将不再设置监事会或者监事，监 事会的职权由董事会审计委员会行使，自然免去詹勇先生第四届监事会职工代表 监事职务，但其仍继续在公司任其他职务。 重庆百亚卫生用品股份有限公司 关于非独立董事辞职暨选举职工代表董事的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 一、非独立董事辞职的情况 重庆百亚卫生用品股份有限公司（以下简称"公司"）董事会于近日收到公 司非独立董事梅莹鹏先生递交的书面辞任申请，因公司治理结构调整，梅莹鹏先 生申请辞去公司第四届董事会非独立董事职务及第四届董事会提名委员会委员 职务，辞任后将继续在公司担任其他职务。根据《公司法》及《公司章程》等有 关规定，梅莹鹏先生辞任董事不会导致公司董事会成员低于法定最低人数，不会 影响公司董事会的正常运作，其辞职报告自送达公司董事会时生效。截至本公告 披露日，梅莹鹏先生未直接或间接持有公司股份，不存在应当履行而未履行的承 诺 ...

北京市通商（深圳）律师事务所 2025 年第一次临时股东大会的 法律意见书 二零二五年九月 深圳市南山区南山街道阳光棕榈社区枢纽大街 66 号前海周大福金融大厦（南塔）10 楼 10/F, HyQ, Chow Tai Fook Finance Tower, No. 66 Shu Niu Avenue, Qian Hai, Shenzhen 518052, China 电话 Tel: +86 755 8351 7570 传真 Fax: +86 755 8351 5502 电邮 Email: shenzhen@tongshang.com 网址 Web: www.tongshang.com 北京市通商（深圳）律师事务所 关于重庆百亚卫生用品股份有限公司 2025 年第一次临时股东大会的 法律意见书 致：重庆百亚卫生用品股份有限公司 关于重庆百亚卫生用品股份有限公司 北京市通商（深圳）律师事务所（以下简称"本所"）接受重庆百亚卫生用品 股份有限公司（以下简称"公司"、"百亚股份"）的委托，委派律师出席了公司 2025 年第一次临时股东大会（以下简称"本次股东大会"），并根据《中华人民共和国 公司法》、《中华人民共和国 ...

证券代码：003006 证券简称：百亚股份 公告编号：2025-038 重庆百亚卫生用品股份有限公司 2025年第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误 导性陈述或重大遗漏。 特别提示： 1、本次股东大会不存在否决提案的情况； 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1、会议召开时间：2025 年 9 月 5 日（星期五）15:00 有表决权的公司股份数 58,072,873 股，占公司有表决权股份总数的 13.5164％。 5、会议主持人：董事长冯永林先生 2、股权登记日：2025 年 8 月 29 日（星期五） 3、现场会议召开地点：重庆市巴南区麻柳沿江开发区百亚国际产业园会议 室 4、会议召集人：公司董事会 6、会议召开方式：采取现场投票与网络投票相结合的方式。 现场会议于 2025 年 9 月 5 日下午 15:00 在重庆市巴南区麻柳沿江开发区百 亚国际产业园会议室召开，网络投票时间为 2025 年 9 月 5 日。其中，通过深圳 证券交易所交易系统进行网络投票的时间为2025年9月5日9:15-9: ...

Investment Rating - The report rates the industry as "Overweight" [4] Core Insights - The report highlights a significant divergence in sector performance, suggesting investors focus on sectors with improving conditions [2] - The furniture sector is experiencing a slight decline in revenue, with a year-on-year decrease of 4.4% in Q2 2025, although soft furniture shows relatively better performance [7][8] - The personal care sector demonstrates resilience with a year-on-year revenue increase of 14% in Q2 2025, indicating strong demand [6] - The toy sector shows short-term revenue differentiation but has substantial long-term growth potential, with a year-on-year revenue decrease of 2% in Q2 2025 [6] - The export chain is facing performance differentiation, with companies having overseas production capabilities showing better revenue growth [6] - The two-wheeler sector is benefiting from trade-in incentives, leading to significant revenue growth [6] - The smart glasses market is experiencing explosive growth, with sales of Ray-Ban Meta smart glasses increasing by over 200% year-on-year in the first half of 2025 [6] - The paper industry is expected to see price increases as raw material prices recover, with integrated pulp and paper companies performing better [6] - The packaging sector is witnessing improved revenue growth, driven by an optimized domestic market structure and rising raw material prices [6] Summary by Sections Furniture Sector - The furniture sector's revenue in Q2 2025 decreased by 4.4% year-on-year, with soft furniture showing better growth [7][8] - Contract liabilities and advance payments in the furniture sector increased by 42.8% year-on-year, indicating potential future revenue growth [9] - The sector's net profit after deducting non-recurring items decreased by 7.8% year-on-year in Q2 2025, with slight fluctuations in profitability [10][13] Personal Care Sector - The personal care sector's revenue increased by 14% year-on-year in Q2 2025, reflecting strong demand and resilience [6] - The focus on product quality is becoming increasingly important to consumers [6] Toy Sector - The toy sector is experiencing short-term revenue differentiation, with a 2% year-on-year revenue decline in Q2 2025, but has significant long-term growth potential [6] Export Chain - The export chain is facing performance differentiation, with companies that have overseas production capabilities achieving better revenue performance [6] Two-Wheeler Sector - The two-wheeler sector is benefiting from trade-in incentives, leading to significant revenue growth in Q2 2025 [6] Smart Glasses - The smart glasses market is experiencing explosive growth, with sales of Ray-Ban Meta smart glasses increasing by over 200% year-on-year in the first half of 2025 [6] Paper Industry - The paper industry is expected to see price increases as raw material prices recover, with integrated pulp and paper companies performing better [6] Packaging Sector - The packaging sector is witnessing improved revenue growth, driven by an optimized domestic market structure and rising raw material prices [6]