证券代码：003006 证券简称：百亚股份 公告编号：2025-045 重庆百亚卫生用品股份有限公司 关于公司股东减持股份触及 1%整数倍的公告 新余元汇企业投资合伙企业（有限合伙）、新余元周企业投资合伙企业（有限合伙）、 新余元向企业投资合伙企业（有限合伙）保证向本公司提供的信息内容真实、准确、完整， 没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 二、其他相关说明 1、本次减持计划符合《中华人民共和国公司法》《中华人民共和国证券法》 《深圳证券交易所股票上市规则》《上市公司股东减持股份管理暂行办法》《深圳 证券交易所上市公司自律监管指引第 18 号——股东及董事、高级管理人员减持 股份》等法律、法规及规范性文件的规定，亦不存在违反股东股份锁定及减持相 关承诺的情况。 2、本次权益变动不会导致公司控制权发生变更，不会对公司治理结构及持 续经营产生影响。 3、本次减持股份事项已按照相关规定进行了预先披露，实施情况与已披露 的减持计划一致，并按照相关规定履行了信息披露义务。 4、截至本公告披露日，本次减持计划尚未履行完毕。公司将继续关注上述 事项进展，并 ...

Core Viewpoint - On November 14, Baiya Co., Ltd. experienced significant trading activity on the block trading platform, with a total transaction volume of 4.297 million shares and a transaction amount of 88.905 million yuan, indicating strong institutional interest in the stock [2] Summary by Relevant Sections Trading Activity - A total of 6 transactions occurred on the block trading platform, with a consistent transaction price of 20.69 yuan, representing a discount of 7.05% compared to the closing price of the day [2] - The total transaction amount was 88.905 million yuan, with net buying from institutional specialized seats amounting to the same figure [2] Stock Performance - Baiya Co., Ltd. closed at 22.26 yuan on the same day, reflecting a slight increase of 0.04% [2] - The stock had a turnover rate of 0.75%, with a total trading volume of 72.227 million yuan and a net inflow of main funds amounting to 8.7173 million yuan [2] - Over the past five days, the stock has seen a cumulative decline of 0.89%, with total fund outflow of 6.0326 million yuan [2] Company Background - Chongqing Baiya Hygiene Products Co., Ltd. was established on November 29, 2010, with a registered capital of 4.2964779 billion yuan [2]

Market Overview - The personal care products sector experienced a decline of 1.13% on November 14, with Yiyi Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] Stock Performance - Notable stock performances included: - Beijia Clean (603059) rose by 2.38% to close at 34.03 with a trading volume of 28,400 shares [1] - Jieya Co., Ltd. (301108) increased by 1.28% to 33.35 with a trading volume of 14,000 shares [1] - Yiyi Co., Ltd. (001206) fell by 3.01% to 30.98 with a trading volume of 53,000 shares [2] - Stable Medical (300888) decreased by 2.25% to 42.06 with a trading volume of 63,700 shares [2] Capital Flow - The personal care products sector saw a net outflow of 42.05 million yuan from institutional investors, while retail investors had a net inflow of 61.71 million yuan [2] - The capital flow for individual stocks showed: - Ziya Co., Ltd. (003006) had a net inflow of 13.87 million yuan from institutional investors [3] - Yiyi Co., Ltd. (001206) experienced a net outflow of 1.97 million yuan from institutional investors [3] - Stable Medical (300888) had a net outflow of 9.60 million yuan from institutional investors [3]

Market Overview - The personal care products sector increased by 0.33% on November 13, with Beijia leading the gains [1] - The Shanghai Composite Index closed at 4029.5, up 0.73%, while the Shenzhen Component Index closed at 13476.52, up 1.78% [1] Stock Performance - Beijia (603059) closed at 33.24, up 2.72% with a trading volume of 26,200 lots and a transaction value of 86.05 million [1] - Zhongshun Jiesang (002511) closed at 8.59, up 1.78% with a trading volume of 155,400 lots and a transaction value of 132 million [1] - Stable Medical (300888) closed at 43.03, up 0.65% with a trading volume of 68,200 lots and a transaction value of 292 million [1] - Other notable stocks include Haoyue Nursing (600509) at 33.66, up 0.30%, and Liangmian Needle (600249) at 7.01, up 0.14% [1] Capital Flow - The personal care products sector experienced a net outflow of 75.25 million from institutional investors, while retail investors saw a net inflow of 107 million [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are increasing their positions [2] Detailed Capital Flow Analysis - Beijia saw a net inflow of 8.61 million from institutional investors, but a net outflow of 6.52 million from speculative funds [3] - Stable Medical had a net inflow of 6.83 million from retail investors despite a slight outflow from institutional and speculative funds [3] - Other companies like Zhongshun Jiesang and Reliable Shares experienced significant net outflows from institutional and speculative investors, but retail investors contributed positively [3]

Market Overview - The personal care products sector increased by 0.79% on November 12, with Yanjiang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4000.14, down 0.07%, while the Shenzhen Component Index closed at 13240.62, down 0.36% [1] Stock Performance - Yanjiang Co., Ltd. (300658) closed at 9.97, up 12.15% with a trading volume of 328,200 shares and a turnover of 319 million yuan [1] - Reliable Co., Ltd. (301009) closed at 14.82, up 6.39% with a trading volume of 206,500 shares and a turnover of 302 million yuan [1] - Two-sided Needle (600249) closed at 7.00, up 3.09% with a trading volume of 456,100 shares and a turnover of 320 million yuan [1] - Other notable performances include Yiyi Co., Ltd. (001206) up 2.72% and Zhongshun Jiesang (002511) up 0.96% [1] Capital Flow - The personal care products sector saw a net inflow of 115 million yuan from institutional investors, while retail investors experienced a net outflow of 110 million yuan [2] - The sector's main stocks showed varied capital flows, with Reliable Co., Ltd. receiving a net inflow of 50.84 million yuan from institutional investors [3] - Yanjiang Co., Ltd. had a net inflow of 22.24 million yuan, while Yiyi Co., Ltd. saw a net inflow of 17.75 million yuan [3]

Market Overview - The personal care products sector experienced a decline of 0.31% on November 11, with Baiya Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 4002.76, down 0.39%, while the Shenzhen Component Index closed at 13289.0, down 1.03% [1] Stock Performance - Notable gainers in the personal care sector included: - Zhongshun Jiesang (002511) with a closing price of 8.36, up 2.20% [1] - Yiyi Co., Ltd. (001206) at 32.00, up 1.68% [1] - Liangmian Needle (600249) at 6.79, up 1.34% [1] - Conversely, Baiya Co., Ltd. (003006) saw a significant decline of 3.04%, closing at 22.30 [2] - Other notable decliners included: - Yanjing Co., Ltd. (300658) down 2.74% [2] - Jiya Co., Ltd. (301108) down 1.45% [2] Capital Flow Analysis - The personal care products sector saw a net outflow of 39.54 million yuan from institutional investors, while retail investors contributed a net inflow of 94.74 million yuan [2][3] - The detailed capital flow for selected stocks showed: - Yiyi Co., Ltd. had a net inflow of 5.18 million yuan from institutional investors [3] - Zhongshun Jiesang experienced a net outflow of 19.48 million yuan from retail investors [3] - Reliable Co., Ltd. (301009) had a significant net outflow of 9.51 million yuan from institutional investors [3]

Core Insights - The negative public sentiment from the "3·15" incident continues to impact Baiya Co., with a reported revenue of 859 million yuan for Q3 2025, reflecting an 8.33% year-on-year increase, while net profit decreased by 3.89% to 56.53 million yuan [1] - Baiya Co. attributes the decline in net profit to public sentiment and adjustments in platform strategies, particularly affecting e-commerce channels [1] - The incident involved allegations of substandard products being sold under Baiya's brand "Ziyoudian," leading to a significant impact on sales and overall performance [1] Financial Performance - For the first half of 2025, Baiya Co. reported a revenue of 1.764 billion yuan, a 15.1% increase year-on-year, with the "Ziyoudian" brand contributing 1.687 billion yuan, marking a 20.5% increase and accounting for 95.7% of total revenue [1] - In contrast, the net profit growth for the first half of 2025 was only 4.64%, significantly lower than the 36.41% growth in the same period of 2024 [1] Market Strategy - Baiya Co. has been expanding its market presence beyond the southwestern region, where it previously generated 67.82% of its sales, and is increasing marketing investments to enhance brand visibility [2] - The company has reported a 15.7% increase in sales expenses for the first three quarters, totaling 1.006 billion yuan, which represents 38.35% of its revenue [2] - Baiya Co. is actively adjusting its strategies to improve e-commerce performance and has appointed a new brand ambassador to bolster its marketing efforts [2] Future Outlook - The company anticipates a return to normal growth rates in Q4 2025, as it is currently in a phase of optimization [3]

Core Viewpoint - The negative public sentiment from the "3·15" incident continues to impact Baiya Co., with a decline in net profit despite a slight increase in revenue in Q3 2025 [2] Financial Performance - In Q3 2025, Baiya Co. reported revenue of 859 million yuan, an increase of 8.33% year-on-year, while net profit decreased by 3.89% to 56.53 million yuan [2] - For the first half of 2025, Baiya Co. achieved revenue of 1.764 billion yuan, a year-on-year growth of 15.1%, with the "Ziyoudian" brand contributing 1.687 billion yuan, a 20.5% increase, accounting for 95.7% of total revenue [2] Market Strategy and Brand Development - Baiya Co. has been expanding its market presence beyond the Southwest region, where it previously generated 67.82% of its sales, and has increased marketing investments to promote the "Ziyoudian" brand [3] - The company has actively taken measures to improve e-commerce performance and has increased sales expenses to 1.006 billion yuan in the first three quarters, a 15.7% increase year-on-year [3] Crisis Management - The management acknowledged the impact of negative public sentiment on sales and stated that the company is in a phase of adjustment, expecting to return to normal growth rates in Q4 [4]

Market Overview - The personal care products sector increased by 3.74% on November 10, with Yiyi Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 4018.6, up 0.53%, while the Shenzhen Component Index closed at 13427.61, up 0.18% [1] Stock Performance - Yiyi Co., Ltd. (001206) closed at 31.47, up 10.00% with a trading volume of 100,400 shares and a transaction value of 306 million [1] - Other notable performers include: - Stable Medical (300888) at 43.30, up 5.61% [1] - Dengkang Oral (001328) at 37.90, up 4.04% [1] - Reliable Co., Ltd. (301009) at 13.88, up 3.27% [1] - HaoYue Nursing (6009509) at 33.33, up 2.87% [1] Capital Flow - The personal care products sector saw a net inflow of 113 million from main funds, while retail investors experienced a net outflow of approximately 99.87 million [2][3] - Main fund inflows were led by Yiyi Co., Ltd. with 55.37 million, accounting for 18.09% of the total [3] - Stable Medical had a main fund inflow of 39.87 million, representing 6.43% of the total [3] Individual Stock Capital Flow - Reliable Co., Ltd. had a main fund inflow of 9.37 million, with retail investors showing a net outflow of 2.44 million [3] - Other stocks with significant capital flow include: - Dengkang Oral with a main fund inflow of 1.54 million and a retail outflow of 470,980 [3] - Baiya Co., Ltd. (003006) with a main fund inflow of 6.94 million and a retail outflow of 2.32 million [3]

Core Viewpoint - The parent company of the sanitary napkin brand "Free Point," Chongqing Baiya Hygiene Products Co., Ltd., is still facing challenges due to the "refurbished sanitary napkin" scandal, impacting its online sales and overall profitability [1][2]. Financial Performance - In Q3 2025, Baiya achieved revenue of 858.79 million yuan, an increase of 8.33% year-on-year, but net profit declined by 3.89% to 56.53 million yuan [3][4]. - For the first three quarters of the year, the company reported total revenue of 2.62 billion yuan, up 12.8% year-on-year, with net profit around 245 million yuan, a growth of 2.53% [4]. Sales Channel Performance - Online sales revenue fell by 11.4% in Q3, totaling 341 million yuan, largely due to negative public sentiment and platform strategy adjustments [4][5]. - The company's online channel revenue for the first three quarters was 933 million yuan, down 10.2% year-on-year, reflecting the ongoing impact of the scandal [4][5]. Brand and Product Insights - The "Free Point" brand remains a key revenue driver, with its revenue growing by 16.4% to 2.51 billion yuan in the first three quarters, accounting for 95.58% of total revenue [6][8]. - The company is focusing on enhancing brand influence and expanding its consumer base, with significant marketing efforts, including appointing a new brand ambassador [6][8]. Cost Structure - Sales expenses increased by 15.7% to 1.01 billion yuan in the first three quarters, representing approximately 38.35% of total revenue [7][8]. - Research and development expenses were only 49.37 million yuan, a decrease of 2.03% year-on-year, indicating a low R&D expense ratio of less than 2% [8].