Core Viewpoint - Recent regulatory scrutiny has been directed at Reliable Co., Ltd. due to a violation involving related party transactions with Guangxi Hanggang Material Technology Co., Ltd., raising concerns among investors and the Zhejiang Securities Regulatory Bureau [1] Group 1: Regulatory Actions - Reliable Co. received a warning letter from the Zhejiang Securities Regulatory Bureau regarding its failure to timely disclose and review related party transactions amounting to 21.12 million yuan, which is 1.54% of the company's latest audited net assets [1] - The regulatory decision also holds the company's chairman and financial director accountable for the violations, leading to supervisory discussions being recorded in the securities market integrity archives [1] Group 2: Financial Performance Comparison - Reliable Co. has maintained annual revenues around 1.1 billion yuan from 2021 to 2024, while its net profit has not exceeded 50 million yuan during the same period [3] - In contrast, competitor HaoYue Care has reported significantly higher revenues ranging from 2.46 billion to 2.93 billion yuan and net profits between 363 million and 602 million yuan from 2020 to 2024 [3][6] Group 3: Strategic Developments - Reliable Co. is focusing on expanding production capacity and upstream raw material sourcing, which is crucial for the adult incontinence product sector [2][6] - The company has increased its procurement of long fiber fluff pulp from Guangxi Hanggang, leading to a gross margin improvement of 20.79% in 2024, up by 3.14 percentage points from the previous year [2] - Reliable Co. is also investing in a technology research and development center with a budget of 43.89 million yuan, aimed at enhancing its capabilities in raw material research and testing [6][7] Group 4: Market Position and Future Outlook - Reliable Co. has reported a revenue of 549 million yuan in the first half of 2025, reflecting a year-on-year growth of 5.39%, and a net profit of 28 million yuan, up 21.81% [10] - The company is actively pursuing domestic market opportunities amid global trade uncertainties, with plans for capacity expansion at its Guangxi Hanggang facility, which currently has an annual capacity of 100,000 tons [10]

值得注意的是， 2024年2月， 来源：读创财经 可靠股份时任董事长、总经理兼董事会秘书金利伟与财务总监、副总经理李超楠对上述行为负有责任， 上述行为违反了《上市公司信息披露管理办法》（证监会令第182号）第四条、第五十一条的规定。根 据《上市公司信息披露管理办法》（证监会令第182号）第五十二条的规定， 浙江证监局对可靠股份采取出具警示函的监督管理措施，并记入证券期货市场诚信档案。对时任董事 长、总经理兼董事会秘书金利伟与财务总监、副总经理李超楠采取监管谈话的监督管理措施，并记入证 券期货市场诚信档案。 目前正陷入创始人夫妻离婚后内斗漩涡的可靠股份，因关联交易披露违规事项遭监管警示。 9月1日，根据浙江证监局发布的公告，截至2025年4月17日，可靠股份（301009）与广西杭港材料科技 有限公司（以下简称广西杭港） 的2025年度关联交易成交金额达到2112.24万元，成交金额占公司最近 一期经审计净资产绝对值的1.54%，达到董事会审议及信息披露标准，但未按规定及时履行审议程序和 信息披露义务，直至2025年4月24日，可靠股份董事会才审议通过并披露2025年度公司与广西杭港的关 联交易事项。公司上述行 ...

Core Points - Reliable Co., Ltd. (301009.SZ) announced a share reduction plan by specific shareholders, including Wei Aino, Wei Aino No. 2, and Wei Aino No. 3, who collectively reduced their holdings by 2,664,200 shares from August 25 to August 29, 2025, representing 0.98% of the total share capital and 1.00% of the total share capital excluding repurchased shares [1] - Following this reduction, the controlling shareholder and actual controller, Mr. Jin Liwei, along with his concerted actors, saw their combined shareholding decrease from 34.25% to 33.27% of the total share capital, and from 34.95% to 33.95% of the total share capital excluding repurchased shares [1]

证券代码：301009 证券简称：可靠股份 公告编号：2025-036 杭州可靠护理用品股份有限公司 关于特定股东减持股份进展暨权益变动触及 1%的 公 告 公司股东杭州唯艾诺投资合伙企业（有限合伙）、杭州唯艾诺贰号企业 管理合伙企业（有限合伙）、杭州唯艾诺叁号企业管理合伙企业（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。 杭州可靠护理用品股份有限公司（以下简称"公司"或"本公司"）于 2025 年 7 月 24 日披露了《关于特定股东减持股份预披露公告》（公告编号：2025-028）， 公司特定股东杭州唯艾诺投资合伙企业（有限合伙）（以下简称"唯艾诺"）、 杭州唯艾诺贰号企业管理合伙企业（有限合伙）（以下简称"唯艾诺贰号"）、 杭州唯艾诺叁号企业管理合伙企业（有限合伙）（以下简称"唯艾诺叁号"）自 上述公告披露之日起 15 个交易日后的 3 个月内（即从 2025 年 8 月 15 日至 2025 年 11 月 14 日）以集中竞价或大宗交易方式减持公司股份。其中，唯艾诺以集中 竞价或大宗 ...

Market Overview - The personal care products sector experienced a decline of 1.87% on September 1, with Haoyue Care leading the drop [1] - The Shanghai Composite Index closed at 3875.53, up 0.46%, while the Shenzhen Component Index closed at 12828.95, up 1.05% [1] Stock Performance - Notable stock performances include: - Yiyi Co., Ltd. (001206) closed at 25.98, up 2.81% with a trading volume of 91,800 shares and a turnover of 238 million yuan [1] - Haoyue Care (605009) closed at 36.35, down 10.00% with a trading volume of 111,800 shares and a turnover of 408 million yuan [2] - Zhongshun Jierou (002511) closed at 8.64, down 1.48% with a trading volume of 186,900 shares and a turnover of 162 million yuan [2] Capital Flow - The personal care products sector saw a net outflow of 147 million yuan from institutional investors, while retail investors experienced a net inflow of 98.24 million yuan [2] - The capital flow for individual stocks shows: - Ziya Co., Ltd. (003006) had a net inflow of 6.03 million yuan from institutional investors [3] - Haoyue Care (605009) had a significant net outflow of 622.31 million yuan from institutional investors [3]

Group 1 - The core viewpoint of the article revolves around the ongoing controversies surrounding Wahaha and its chairperson, Zong Fuli, who stated that she will not change direction due to the current turmoil [4][5][6] - Zong Fuli addressed issues related to family inheritance disputes and the optimization of distributors during a recent interview, emphasizing her business philosophy and understanding of commerce [4][6] - The internal conflict at Reliable Co. has intensified, with the founder's ex-wife publicly criticizing the new secretary and the company's management decisions [6][7] Group 2 - Huawei's rotating chairman, Xu Zhijun, announced significant progress in the HarmonyOS ecosystem, highlighting advancements in application adaptation, technological innovation, and industry applications [8] - Lantu Automotive is set to go public in Hong Kong, reflecting market confidence, with over 200,000 users gained in the past period [8] - The restaurant industry is experiencing a normalization phase with declining same-store sales, but the chairman of Xiaocaiyuan expressed confidence in the business model, noting a quick return on investment for new locations [8]

Company Overview - Reliable Co., Ltd. is located in Lin'an District, Hangzhou, Zhejiang Province, and was established on August 7, 2001. The company went public on June 17, 2021. Its main business involves the design, research and development, production, and sales of disposable hygiene products [1][2]. Financial Performance - For the first half of 2025, Reliable Co., Ltd. achieved operating revenue of 549 million yuan, representing a year-on-year growth of 5.39%. The net profit attributable to the parent company was 28.28 million yuan, reflecting a year-on-year increase of 21.81% [2]. - Cumulative cash dividends since the A-share listing amount to 57.82 million yuan, with 38.79 million yuan distributed over the past three years [3]. Stock Performance - As of August 28, the stock price of Reliable Co., Ltd. was 14.76 yuan per share, down 2.19% during the trading session. The total market capitalization is 4.01 billion yuan [1]. - Year-to-date, the stock price has increased by 38.97%, but it has decreased by 8.95% over the last five trading days. Over the last 20 days, the stock has risen by 6.96%, while it has fallen by 3.60% over the last 60 days [1]. Shareholder Information - As of June 30, the number of shareholders for Reliable Co., Ltd. was 20,000, an increase of 22.52% compared to the previous period. The average number of circulating shares per person is 7,535, which is a decrease of 18.38% from the previous period [2]. Business Segmentation - The company's main business revenue composition includes: adult incontinence products (52.30%), baby care products (38.05%), pet hygiene products (6.14%), and others (3.51%) [1]. - Reliable Co., Ltd. is classified under the Shenwan industry as beauty care - personal care products - daily paper [1]. The company is also associated with several concept sectors, including small-cap stocks, pet economy, medical devices, specialized and innovative enterprises, and multi-child concepts [1].

Group 1 - The stock price of Reliable Co. is reported at 15.09 yuan as of August 27, 2025, down 4.79% from the previous trading day [1] - The company opened at 15.61 yuan, reached a high of 15.70 yuan, and a low of 15.08 yuan, with a trading volume of 137,100 lots and a transaction value of 211 million yuan [1] - Reliable Co. specializes in adult incontinence products, baby care products, and pet hygiene products, owning brands such as Reliable and Absorbent Treasure [1] Group 2 - The company has faced internal disputes within its board of directors, attracting market attention [1] - On August 25, the company disclosed its semi-annual report and board resolution announcement, with three proposals opposed by director Bao Jia, who is also the ex-wife of the actual controller and the second-largest shareholder [1] - Bao Jia has publicly criticized the investment decisions and management capabilities of chairman Jin Liwei, as well as the professional competence of the newly appointed secretary Wang Xiangting [1] Group 3 - The company received a warning letter from the Zhejiang Securities Regulatory Bureau on August 26 due to violations in the disclosure of related party transactions [1] - As of August 27, the net outflow of main funds from Reliable Co. was 17.85 million yuan, with a cumulative net outflow of 58.56 million yuan over the past five days [1]

处罚决定如下： 采取监管谈话的监督管理措施,并记入证券期货市场诚信档案。 证券之星消息，8月26日可靠股份公开信息显示，杭州可靠护理用品股份有限公司，董事长金利伟、副 总经理李超楠因未及时披露公司重大事件,未依法履行其他职责被中国证券监督管理委员会浙江监管局 出具警示函。 详细违规行为如下： 经查,截至2025年4月17日,杭州可靠护理用品股份有限公司(以下简称公司或可靠股份)与广西杭港材料科 技有限公司(以下简称广西杭港)的2025年度关联交易成交金额达到2,112.24万元,成交金额占公司最近一 期经审计净资产绝对值的1.54%,达到董事会审议及信息披露标准,但未按规定及时履行审议程序和信息 披露义务,直至2025年4月24日,可靠股份董事会才审议通过并披露2025年度公司与广西杭港的关联交易事 项。 采取出具警示函的监督管理措施,并记入证券期货市场诚信档案。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

Core Viewpoint - The internal conflict within Reliable Co., Ltd. has intensified, highlighted by the opposition from the founder's ex-wife, Bao Jia, against several board resolutions, raising concerns about the company's management and governance [2][3][10]. Group 1: Board Meeting and Resolutions - On August 21, Reliable Co. held a board meeting where four resolutions were voted on, all of which passed despite Bao Jia's dissent on three of them, particularly regarding the appointment of Wang Xiangting as the new Secretary of the Board and Deputy General Manager [3][4]. - Bao Jia criticized Wang's lack of experience in listed companies and questioned his professional capabilities, suggesting he is more suited for the role of Chairman's Secretary rather than Secretary of the Board [3][4]. Group 2: Regulatory Issues - On August 26, Reliable Co. received a warning letter from the Zhejiang Securities Regulatory Bureau due to violations in disclosing related party transactions, which led to regulatory discussions with founder Jin Liwei and CFO Li Chaonan [7][9]. - The company was found to have failed to timely fulfill the necessary review procedures and disclosure obligations regarding related party transactions amounting to 21.12 million yuan, which constituted 1.54% of the company's latest audited net assets [9]. Group 3: Financial Performance - For the first half of the year, Reliable Co. reported a revenue increase of 5.39% to 549 million yuan and a net profit growth of 21.81% to 28.28 million yuan, with specific segments like adult incontinence products and baby care products showing positive growth [14]. - Despite the recent revenue growth, the company's overall performance has been declining since its listing, with revenues dropping from 1.174 billion yuan in 2019 to 1.079 billion yuan in 2024, and net profits fluctuating significantly, including a loss in 2021 [14]. Group 4: Management Criticism - Bao Jia has publicly criticized Jin Liwei's management decisions, particularly regarding investments in loss-making companies and the handling of the Du Di brand's sales, which have resulted in significant financial losses [10][12]. - Reliable Co. defended its investment strategy as a long-term approach and claimed that the losses from the Du Di brand were part of a broader strategy to enhance channel collaboration and improve operational efficiency [12][14]. Group 5: Market Reaction - Following the news of internal conflicts and regulatory issues, Reliable Co.'s stock closed at 15.85 yuan, down 0.25% on August 26 [17].