华凯易佰科技股份有限公司 2024 年限制性股票激励计划实施考核管理办法 为了进一步健全华凯易佰科技股份有限公司（以下简称"公司"）长效激励 机制，吸引和留住优秀人才，充分调动公司核心团队的积极性，有效地将股东利 益、公司利益和核心团队个人利益结合在一起，使各方共同关注公司的长远发展， 确保公司发展战略和经营目标的实现，在充分保障股东利益的前提下，公司按照 激励与约束对等的原则，制定了《华凯易佰科技股份有限公司 2024 年限制性股 票激励计划（草案）》（以下简称"《激励计划（草案）》"或"本次激励计划"）。 为保证本次激励计划的顺利实施，根据《中华人民共和国公司法》《中华人 民共和国证券法》《上市公司股权激励管理办法》《深圳证券交易所创业板股票 上市规则》《深圳证券交易所创业板上市公司自律监管指南第 1 号——业务办理》 等有关法律、法规、规范性文件以及《华凯易佰科技股份有限公司章程》《激励 计划（草案）》的相关规定，并结合公司实际情况，制定了《华凯易佰科技股份 有限公司 2024 年限制性股票激励计划实施考核管理办法》（以下简称"本办法"）。 一、考核目的 为了进一步健全公司长效激励机制，吸引和留住优秀人 ...

本次质押股份未被用作重大资产重组业绩补偿等事项的担保或其他保障用 途。 证券代码：300592 证券简称： 华凯易佰 公告编号：2025-081 华凯易佰科技股份有限公司 关于股东部分股份质押及解除质押的公告 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。 近日，华凯易佰科技股份有限公司（以下简称"公司"）收到股东泗阳超然迈 伦企业管理合伙企业（有限合伙）（以下简称"超然迈伦"）的通知，获悉超然 迈伦将其所持有的公司部分股份办理了质押及解除质押业务，相关手续已在中国 证券登记结算有限责任公司办理完毕。具体情况如下： | | 大股东及一 | 股数（股） | | | 限售股 | 充质押 | 起始日 | 到期日 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 致行动人 否 | 8,100,000 | 26.03 | 2.00 | 否 | 否 | 年 2025 8月28日 | 至办理解除 质押登记手 续之日止 | 招商证券股 份有限公司 | 资金需求 | | 股 ...

证券代码：300592 证券简称：华凯易佰 公告编号：2025-080 华凯易佰科技股份有限公司 关于召开 2025 年第一次临时股东会通知的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 华凯易佰科技股份有限公司（以下简称"公司"、"本公司"）于2025年9月1 日召开第四届董事会第十一次会议，审议通过了《关于提请召开2025年第一次 临时股东会的议案》，兹定于2025年9月17日下午14:30在广东省深圳市龙岗区 坂田街道南坑社区雅园路3号中南雅园2栋易佰网络公司会议室召开公司2025年 第一次临时股东会。本次股东会将采取现场投票及网络投票的方式召开，现将 本次股东会的相关事项通知如下： 一、召开会议的基本情况 1、股东会届次：2025年第一次临时股东会。 2、股东会召集人：公司第四届董事会。 3、会议召开的合法、合规性：本次股东会的召集、召开程序符合有关法律、 行政法规、部门规章、规范性文件和《华凯易佰科技股份有限公司章程》的规 定。 4、会议召开的日期、时间： （1）现场会议时间：2025年9月17日（星期三）下午14:30。 （2）网络投票：本 ...

证券代码：300592 证券简称：华凯易佰 公告编号：2025-078 华凯易佰科技股份有限公司 第四届董事会第十一次会议决议公告 1 本议案已经公司第四届董事会审计委员会第十次会议、第四届董事会薪酬与 考核委员会第二次会议审议通过，尚需提交公司股东会审议。 2、审议通过了《关于提请召开 2025 年第一次临时股东会的议案》 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、董事会会议召开情况 华凯易佰科技股份有限公司（以下简称"公司"）第四届董事会第十一次会议 于 2025 年 8 月 29 日以电话、微信等方式通知至各位董事，会议于 2025 年 9 月 1 日以通讯方式召开。本次会议由公司董事长胡范金先生召集并主持，会议应出 席董事人数 9 人，实际出席董事人数 9 人，公司高级管理人员列席了会议。本次 会议的召开和表决程序符合有关法律、法规和《公司章程》的有关规定，会议形 成的决议合法有效。 二、董事会会议审议情况 1、审议通过了《关于调整 2024 年限制性股票激励计划公司层面业绩考核 指标的议案》 本着客观认识、务实评估的原则，兼顾战略目标和激励 ...

Core Insights - The financial report of Huakai Yibai Technology Co., Ltd. reveals a mixed performance with revenue growth but a significant drop in net profit, indicating a strategic shift towards long-term health at the expense of short-term profitability [2][5]. Financial Performance - The company reported a revenue of 4.54 billion yuan for the first half of the year, representing a year-on-year increase of 28.97% [2][5]. - The net profit attributable to shareholders fell by 72.69% to 36.74 million yuan compared to 135 million yuan in the same period last year [2][5]. - The operating cash flow increased significantly by 365.65%, reaching 510 million yuan, indicating improved operational efficiency [2][7]. - The company’s total assets slightly decreased by 0.08% to approximately 4.74 billion yuan, while net assets attributable to shareholders increased by 10.12% to approximately 2.71 billion yuan [2]. Strategic Adjustments - The company is undergoing a strategic adjustment by clearing inventory through promotions, which has temporarily impacted profit margins but aims for long-term sustainability [2][5]. - The acquisition of Tongtuo Technology, which has turned profitable, is seen as a key strategic move to enhance the company's supply chain and operational capabilities [4][5]. Market Position and Challenges - Huakai Yibai has established itself as a leading player in the cross-border e-commerce sector, with a diverse product offering sold through major platforms like Amazon and eBay [5][7]. - The company faces challenges such as heavy reliance on Amazon, where over 50% of sales come from, making it vulnerable to platform policy changes [7]. - Increased competition in the cross-border e-commerce space has led to price wars, further compressing profit margins [7]. Future Outlook - Analysts suggest that the worst period for Huakai Yibai may be over, with forecasts indicating a potential net profit of 200 million yuan for the full year 2025, a 63.8% increase year-on-year [8]. - The growth of the Yimai ecosystem platform, which has expanded its merchant partnerships by 23.27% to 339, is expected to create new growth opportunities [8].

证券代码：300592 证券简称： 华凯易佰 公告编号：2025-077 华凯易佰科技股份有限公司 关于持股5%以上股东及其一致行动人 股份减持计划实施完毕的公告 股东周新华先生及其一致行动人罗晔女士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。 华凯易佰科技股份有限公司（以下简称"公司"）于 2025 年 5 月 14 日披露了 《关于持股 5%以上股东及其一致行动人减持公司股份计划的预披露公告》（公 告编号：2025-044），持股 5%以上股东周新华先生及其一致行动人罗晔女士计 划在 2025 年 6 月 6 日至 2025 年 9 月 5 日期间，以集中竞价方式及/或大宗交易 方式减持公司股份合计不超过 12,118,975 股（占公司总股本比例 3.00%）。 2025 年 6 月 17 日，公司披露了《关于持股 5%以上股东及其一致行动人持 股比例变动触及 1%及 5%整数倍暨披露简式权益变动报告书的提示性公告》（公 告编号：2025-050）及《简式权益变动报告书》，周新华先生于 2025 年 ...

Group 1 - The company Huakai Yibai announced that its director and board secretary, Mr. Wang Anqi, holds approximately 3.24 million shares, accounting for 0.8% of the total share capital, and plans to reduce his holdings by up to 810,000 shares, which is 0.2% of the total share capital, within three months starting from September 18, 2025 [1][1][1] Group 2 - The pet industry is experiencing significant growth, with a market size of 300 billion yuan, leading to a surge in stock prices for industry-listed companies [1][1][1]

Group 1 - The company Huakai Yibai announced that its director and board secretary, Wang Anqi, holds 3.2395 million shares, accounting for 0.80% of the company [1] - Wang Anqi plans to reduce his holdings by no more than 809,900 shares, which represents 0.20% of the company, through centralized bidding and/or block trading from September 18, 2025, to December 17, 2025 [1]

Core Insights - The company reported a total revenue of 4.538 billion yuan for the first half of 2025, representing a year-on-year increase of 28.97%, while the net profit attributable to shareholders decreased by 72.69% to 36.74 million yuan [1] - The gross profit margin declined to 33.47%, down 8.74% year-on-year, and the net profit margin fell significantly to 0.71%, a decrease of 81.03% [1] - The company experienced a substantial increase in accounts receivable, which rose by 35.01% year-on-year, indicating potential liquidity issues [1] Financial Performance - Total revenue for 2025 was 4.538 billion yuan, up from 3.519 billion yuan in 2024, marking a growth of 28.97% [1] - Net profit attributable to shareholders dropped to 36.74 million yuan from 1.35 billion yuan in 2024, a decline of 72.69% [1] - The company's operating cash flow per share increased significantly by 388.07% to 0.91 yuan, compared to -0.32 yuan in the previous year [1][2] Cost and Expense Analysis - Operating costs increased by 35.49%, correlating with the rise in revenue [2] - Sales expenses surged by 43.77%, attributed to the consolidation of Tongtuo Technology and increased costs related to warehouse rent, platform fees, and promotional expenses [2] - Total expenses (sales, management, and financial) accounted for 30.86% of revenue, a slight increase of 2.31% year-on-year [1] Cash Flow and Debt Management - Cash flow from operating activities saw a significant increase of 388.07%, driven by higher cash receipts from sales and reduced inventory [2] - The company reported a 22.79% decrease in cash and cash equivalents, totaling 490 million yuan, indicating potential liquidity challenges [1] - Interest-bearing liabilities rose by 34.94% to 601 million yuan, reflecting increased financial leverage [1] Business Model and Market Position - The company's return on invested capital (ROIC) was reported at 6.29%, indicating average capital returns, with a historical median ROIC of 10.31% since its listing [4] - The business model relies heavily on marketing-driven strategies, necessitating further analysis of the underlying factors driving performance [4] - Analysts project the company's performance for 2025 to reach 317 million yuan, with an average earnings per share estimate of 0.78 yuan [4]

Core Viewpoint - Huakai Yibai (300592.SZ) reported its semi-annual results for 2025, indicating a total institutional holding of 93.0736 million shares, representing 22.99% of the company's total equity as of August 25, 2025 [1] Institutional Holdings - A total of five institutional investors disclosed their holdings in Huakai Yibai, with a combined shareholding of 93.0736 million shares, accounting for 22.99% of the total equity [1] - The institutional holding percentage decreased by 0.17 percentage points compared to the previous quarter [1] Public Fund and Foreign Investment - One new public fund disclosed its holdings during this period, namely Xin'ao Industry Preferred One-Year Holding Mixed A [1] - There were no new disclosures from foreign institutions compared to the previous quarter, with Hong Kong Central Clearing Limited remaining the only foreign entity mentioned [1]