Core Viewpoint - The childcare service sector is experiencing a significant surge, with multiple stocks reaching their daily limit up following the announcement of supportive policies from the National Development and Reform Commission and other departments regarding the construction of inclusive childcare service systems [1] Group 1: Stock Performance - Huamei Holdings (000607) hit the daily limit up, indicating strong investor interest [1] - Other companies such as Aiyingshi (603214), Doushen Education (300010), Haiziwang (301078), Furui Shares (002083), and Helen Piano (300329) also opened high, reflecting a broader positive sentiment in the sector [1] Group 2: Policy Impact - The joint release of opinions by seven departments emphasizes support for employers to utilize existing land or facilities for planning childcare service facilities, which is expected to boost the sector's growth [1] - The policy aims to accelerate the development of a comprehensive childcare service system, indicating a long-term commitment from the government to enhance childcare services [1] Group 3: Market Trends - There is a noticeable influx of dark pool funds into these stocks, suggesting that institutional investors are positioning themselves in anticipation of future growth in the childcare sector [1]

Group 1 - The childcare service concept index rose by 2.95%, ranking 7th among concept sectors, with 15 stocks increasing in value, including Chuangyuan Co., which hit a 20% limit up, and Kid Kingdom, Tom Cat, and Helen Piano showing gains of 6.99%, 6.27%, and 4.26% respectively [1] - The childcare service sector saw a net inflow of 493 million yuan from main funds, with Kid Kingdom leading the inflow at 255 million yuan, followed by Tom Cat and Chuangyuan Co. with inflows of 240 million yuan and 138 million yuan respectively [2] - The top stocks in terms of net inflow ratio included Times Publishing, Chuangyuan Co., and Kid Kingdom, with net inflow ratios of 20.65%, 17.40%, and 15.62% respectively [3] Group 2 - The overall performance of the childcare service sector was positive, with significant contributions from key players, indicating strong market interest and investment potential [1][2] - The data reflects a healthy trading environment for the childcare service sector, with notable trading volumes and turnover rates among leading stocks [3]

证券代码：300329 证券简称：海伦钢琴 公告编号：2025-019 海伦钢琴股份有限公司 2024 年度股东大会决议公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 特别提示： 1、本次股东大会未出现变更、增加或否决提案的情况。 2、本次股东大会未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 7、出席会议的股东情况 1、现场会议召开时间：2025 年 5 月 13 日 13:00 2、现场会议召开地点：海伦钢琴股份有限公司 5 楼 5-1 会议室 3、会议召集人：公司董事会 4、会议主持人：公司董事长陈海伦先生 5、会议召开方式：现场表决与网络投票相结合的方式 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 5 月 13 日上午 9:15-9:25，9:30-11:30，下午 1:00-3:00；通过深圳证券交易所互联网系统投票的具体 时间为 2025 年 5 月 13 日 9:15 至 15:00 的任意时间。 6、本次会议的召开符合有关法律、行政法规、部门规章、规范性文件和公司章 程的规定。 1、审议通过《关于公司 2024 ...

海伦钢琴 2024 年度股东大会法律意见书 国浩律师（杭州）事务所 2024 年度股东大会 国浩律师（杭州）事务所 关 于 海伦钢琴股份有限公司 法律意见书 致：海伦钢琴股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受海伦钢琴股份有限公司 （以下简称"公司"）委托，指派律师出席公司 2024 年度股东大会（以下简称"本 次股东大会"），并依据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《证券法》"）、《上市公司股东会规则》（以下 简称"《股东会规则》"）、《上市公司治理准则》（以下简称"《治理准则》"）、《深 圳证券交易所上市公司股东会网络投票实施细则（2025 修订）》（以下简称"《网 络投票细则》"）等法律法规、规范性文件及现行有效的《海伦钢琴股份有限公司 章程》（以下简称"《公司章程》"）、《海伦钢琴股份有限公司股东大会议事规则》 （以下简称"《股东大会议事规则》"）的规定，就本次股东大会的召集、召开程 序、出席会议人员资格、召集人资格、会议的表决程序、表决结果等事宜出具法 律意见书。 为出具本法律意见书，本所律师出席了公司本次股东大会，审查了公 ...

证券代码:300329 证券简称：海伦钢琴 公告编号：2025-018 海伦钢琴股份有限公司 关于召开 2024 年度股东大会的提示性公告 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 5 月 13 日上午 通过深圳证券交易所互联网系统投票的具体时间为 2025 年 5 月 13 日上午 公司将通过深圳证券交易所系统和深圳证券交易所互联网投票系统向公司 股东提供网络形式的投票平台，股东可以在网络投票时间内通过上述系统行使表 决权。 公司股东只能选择现场投票和网络投票中的一种表决方式。如同一股份通过 现场和网络投票系统重复进行表决的，以第一次投票结果为准。 （1）截止 2025 年 5 月 8 日（星期四）下午收市时，在中国证券登记结算有 限责任公司深圳分公司登记在册的本公司全体股东。上述本公司全体股东均有权 出席股东大会，并可书面委托代理人出席会议和参加表决，股东代理人可不必是 公司的股东； （2）公司董事、监事、高级管理人员； 本公司及董事会全体成员保证公告内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 海伦钢琴股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日 ...

证券代码:300329 证券简称：海伦钢琴 公告编号：2025-018 海伦钢琴股份有限公司 关于召开 2024 年度股东大会的提示性公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 海伦钢琴股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日在巨潮资 讯网（www.cninfo.com.cn）上刊登了《关于召开 2024 年度股东大会的通知》（公 告编号：2025-015），公司将于 2025 年 5 月 13 日（星期二）下午 13:00 召开 2024 年度股东大会，本次股东大会采用现场投票与网络投票相结合的方式召开。 现将会议有关事项公告提示如下： 一、本次股东大会召开的基本情况 1、会议届次：2024 年度股东大会 2、会议召集人：公司董事会 3、会议召开的合法性及合规性：经公司第六届董事会第九次会议审议通过， 决定召开 2024 年度股东大会，召集程序符合有关法律、行政法规、部门规章、 规范性文件和公司章程的规定。 4、会议召开时间：2025 年 5 月 13 日（星期二）13：00 通过深圳证券交易所交易系统进行网络投票的时间为 20 ...

Financial Performance - The company's traditional piano market share increased from 8% to 12.5% over the past year [2] - The total market for traditional pianos has decreased from 500,000 units in 2019 to 85,000 units, a decline of approximately 83% [2] - E-commerce and promotional expenses increased by 57.92%, yet revenue and net profit both declined year-on-year in the first quarter [2] Product Development - The company launched several smart digital pianos equipped with AI interaction systems, which can perform automatic playing, real-time error correction, and more [2] - The smart digital pianos were introduced to the market in April 2025, expected to boost sales of electric pianos [2] Investor Relations - The company plans to enhance communication with investors through various channels, including performance briefings and online interactions [2] - The management acknowledges the need to adapt to changing consumer habits, particularly among younger demographics [3] Industry Outlook - The electric musical instrument market grew by 15% last year, indicating a positive trend for the industry [3] - The overall music instrument industry is facing significant pressure, impacting performance across various companies [3]

Financial Performance - The company reported a basic earnings per share of -0.0383 yuan for Q1 2025, a decrease of 155.33% compared to Q1 2024, which was -0.0150 yuan [1] - The net profit for Q1 2025 was -0.1 billion yuan, representing a 150% decline from -0.04 billion yuan in Q1 2024 [1] - Operating revenue decreased by 39.13% to 0.28 billion yuan in Q1 2025 from 0.46 billion yuan in Q1 2024 [1] - The return on equity was -1.36% in Q1 2025, a significant drop from -0.46% in Q1 2024 [1] Shareholder Structure - The top ten unrestricted shareholders collectively hold 12,626.5 million shares, accounting for 50.09% of the circulating shares, with an increase of 1,943.6 thousand shares compared to the previous period [1] - Ningbo Beilun Helen Investment Co., Ltd. remains the largest shareholder with 6,931.68 million shares, representing 27.49% of the total share capital [2] - Four new shareholders entered the top ten list, while five previous shareholders exited [2][3] Dividend Policy - The company has decided not to distribute dividends or transfer shares in the current period [4]

Financial Performance - The company's revenue for Q1 2025 was ¥27,758,267.02, a decrease of 39.96% compared to the same period last year[5] - The net profit attributable to shareholders was -¥9,684,815.32, representing a decline of 154.56% year-over-year[5] - Total operating revenue for the current period is ¥27,758,267.02, a decrease of 40.2% from ¥46,230,439.97 in the previous period[17] - Net profit for the current period is -¥10,025,706.23, compared to -¥3,854,100.07 in the previous period, indicating a significant increase in losses[19] - Basic and diluted earnings per share for the current period are both -¥0.0383, compared to -¥0.0150 in the previous period[19] Cash Flow - The net cash flow from operating activities improved by 51.08%, amounting to -¥21,508,829.96, compared to -¥43,966,352.11 in the previous year[5] - Net cash flow from investing activities was -$839,976.40, compared to $958,445.10 in the previous period[21] - Net cash flow from financing activities was $10,303,161.93, compared to $25,302,055.79 in the previous period[21] - Cash and cash equivalents at the end of the period decreased to $27,874,301.21 from $45,530,110.32[21] - The beginning cash and cash equivalents balance was $39,682,458.07, down from $63,469,010.68[21] Expenses and Costs - Sales expenses increased by 57.92% to ¥5,026,382.38, primarily due to heightened e-commerce and promotional costs[9] - Total operating costs for the current period are ¥38,741,598.74, down 25.4% from ¥51,929,349.93 in the previous period[17] - The company reported a decrease in research and development expenses by 32.79% to ¥1,956,585.78, attributed to reduced design and labor costs[9] - Research and development expenses for the current period are ¥1,956,585.78, down 32.7% from ¥2,911,130.19 in the previous period[17] Assets and Liabilities - The total assets at the end of Q1 2025 were ¥1,097,916,682.62, a decrease of 1.19% from the end of the previous year[5] - Total liabilities amount to ¥389,652,509.32, slightly down from ¥393,359,927.21 in the previous period[15] - Total equity attributable to shareholders of the parent company is ¥707,985,483.92, a decrease from ¥717,670,149.24 in the previous period[15] - Current liabilities decreased from 295,339,115.58 yuan to 242,746,493.90 yuan, a reduction of approximately 17.8%[14] - Long-term borrowings increased from 97,580,613.20 yuan to 146,500,000.00 yuan, an increase of about 50%[14] Shareholder Information - The total number of common shareholders at the end of the reporting period is 15,960[11] - The largest shareholder, Ningbo Beilun Helen Investment Co., Ltd., holds 27.41% of shares, totaling 69,316,800 shares[11] - The top ten shareholders account for a significant portion of the company's equity, with the top two holding over 44% combined[11] Credit and Impairment - The company reported a significant increase in credit impairment losses, which amounted to -¥1,714,166.93, a decrease of 3802.51% year-over-year[9] - The company recorded a credit impairment loss of -¥1,714,166.93, indicating a deterioration in asset quality compared to the previous period[18] Other Information - The company has increased its online marketing efforts to capture limited market share amid a shrinking domestic piano consumption market[9] - The company has no preferred shareholders as indicated in the report[12] - The company did not undergo an audit for the first quarter report[22] - The new accounting standards will be implemented starting in 2025[23]

以下文章来源于快刀财经 ，作者快刀财经编辑部 快刀财经 . 欢迎关注这个洞察商业真相的公号。快刀财经，商业快媒体、思维孵化器、价值试验场和洗欲中心。 作者： 周慧娴 来源：快刀财经（ID：kuaidaocaijing） 一年时间，7000多家关门倒闭，这个行业可谓比房地产还惨。 数据显示，2024年，钢琴行业经历了一场乌托邦坍塌，仅一二线城市，一年就有7000家琴行关 门。 聚焦到上市企业，龙头公司珠江钢琴前三季度净利润暴跌90%，海伦钢琴更是一年亏掉近1个 亿。 要知道，钢琴也曾是中国产业经济的骄傲。仅珠江钢琴一家之力，就垄断了全球超过1/4的钢琴 市场。 现如今，售价达到6.8万的钢琴界"贵族"雅马哈，挂在闲鱼上连5000元都卖不出去。 家长更是苦笑道："钢琴占地2平米，按小区如今的房价，这2平米已贬值15万元，相当于每天倒 贴20块养着一堆会占地方的'废铁'"。 中国人不爱钢琴了？这个市场到底经历了怎样的魔幻历史？ 01 中国式狂奔：加分政策催生千亿泡沫 1950年寒冬，北京东单冰渣胡同5号弥漫着焦灼与期待。 30名乐器工匠围着一台由8000多个零件、历经170道工序打造的钢琴屏息凝神——当第一个音 符 ...