1 期解除限售事宜，为符合归属条件的 26 名激励对象办理第二类限制性股票第二 个归属期归属事宜。 孩子王儿童用品股份有限公司 监事会关于 2022 年限制性股票激励计划第二个解除限售及 归属激励对象名单的核查意见 本公司及监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 导性陈述或者重大遗漏。 孩子王儿童用品股份有限公司（以下简称"公司"）于 2025 年 4 月 2 日召开 第三届监事会第二十八次会议，审议通过了《关于 2022 年限制性股票激励计划 第一类限制性股票第二个解除限售期解除限售条件成就的议案》《关于 2022 年限 制性股票激励计划第二类限制性股票第二个归属期归属条件成就的议案》，根据 《中华人民共和国公司法》（以下简称"《公司法》"）、《上市公司股权激励管理办 法》（以下简称"《管理办法》"）等有关法律、法规和规范性文件以及公司《2022 年限制性股票激励计划（草案）》（以下简称"《激励计划（草案）》"）、《孩子王儿 童用品股份有限公司章程》的规定，对公司 2022 年限制性股票激励计划第二个 解除限售及归属激励对象名单进行审核，发表核查意见如下： 公司本次拟解除限售第一 ...

证券代码：301078 证券简称：孩子王 公告编号：2025-010 孩子王儿童用品股份有限公司 关于第三届董事会第三十六次会议决议的公告 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、 误导性陈述或者重大遗漏。 一、董事会会议召开情况 孩子王儿童用品股份有限公司（以下简称"公司"）第三届董事会第三十 六次会议于 2025 年 4 月 2 日在公司会议室通过现场会议方式召开并做出董事会 决议，会议通知于 2025 年 3 月 22 日以书面方式、电子邮件形式送达全体董事。 本次董事会会议应出席董事 7 名，实际出席董事 7 名。会议由董事长汪建国先 生召集并主持，公司监事列席了会议。本次会议的召集、召开和表决程序符合 《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》"）等相关法律法规以及《孩子王儿童用品 股份有限公司章程》（以下简称"《公司章程》"）等制度的有关规定，会议 合法有效。 二、董事会会议审议情况 （一）审议通过《关于<公司 2024 年度总经理工作报告>的议案》 董事会听取了总经理所作的《2024 年度总经理工作报告》， ...

证券代码：301078 证券简称：孩子王 公告编号：2025-015 孩子王儿童用品股份有限公司 关于公司 2024 年度利润分配预案及提请股东会授权董事会制 定中期分红方案的公告 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、误导性陈述或者重大遗漏。 特别提示： 1、本次分配方案为每 10 股派发现金红利 0.5 元（含税）。 2、本次利润分配拟以总股本扣除截至股权登记日公司回购专户中已回购股份 后的股本为基数，向普通股股东分配 2024 年年度利润，具体日期将在权益分派实 施公告中明确。 3、若在实施权益分派的股权登记日前公司总股本发生变动的，拟维持每股分 配比例不变，相应调整分配总额。 一、审议程序 经综合考虑公司财务状况、未来业务发展需要以及股东投资回报情况，公司 拟定 2024 年度利润分配预案如下：以现有总股本 1,258,322,106 股剔除回购专户 已回购股份 9,539,900 股后的总股本 1,248,782,206 股为基数，拟向全体股东每 10 股派发现金红利 0.5 元人民币（含税），共计派发现金红利 62,439,110.30 元（含 税），本次利润分 ...

3月28日，孩子王与火山引擎"新AI，为新一代——BYKIDs AI伴身智能硬件孵化器发布会"在上海举 办。孩子王联合创始人兼CEO、乐友国际董事长徐伟宏，火山引擎创新孵化负责人施凌翔，以及行业专 家、合作伙伴、会员朋友和双方高管团队莅临现场，共同见证这一具有里程碑意义的重要时刻。双方将 以孵化器为核心载体，通过AI技术重塑新家庭生活方式，提供更智能、更优质、更温暖的服务，推动 母婴童行业的智能化转型。 强强联合，探索AI伴身智能孵化新路径 作为母婴童行业企业，线下，孩子王拥有近1200家直营门店（含乐友），是全国性母婴童大型数字化门 店布局的自营连锁企业。同时，在全国培养了超8000名持有国家育婴师资质的专业育儿顾问，通过"科 技力量+人性化服务"线上线下全渠道服务会员亲子家庭。 多年持续加码数智化建设，如今孩子王自主研发的母婴领域垂类大模型KidsGPT可以覆盖95%以上的育 儿问答场景，智能DTC、AIGC智创平台能够实现会员精准营销、高质高效服务。 火山引擎是字节跳动旗下的云服务平台，将字节跳动快速发展过程中积累的增长方法、技术能力和应用 工具开放给外部企业，通过云和智能技术帮助企业构建体验创新、数据 ...

Investment Rating - The investment rating for the company is not explicitly stated in the provided content, but the report suggests a positive outlook on the company's growth and market position, indicating a potential "Buy" or "Hold" recommendation based on the context [1]. Core Insights - The company has established a partnership with ByteDance's Volcano Engine to create the BYKIDs smart incubation platform, focusing on AI solutions for the maternal and child market [2][3]. - The collaboration with Tuya Smart aims to develop AI-enabled smart hardware products and enhance the company's retail channels through AI integration [3]. - The report highlights the increasing government support for childbirth policies, which may create investment opportunities in the maternal and child sector [3]. Summary by Sections Company Overview - The BYKIDs initiative is backed by a 1 billion yuan special fund and aims to provide comprehensive AI lifestyle solutions for families, covering various product categories including AI education and AI toys [2]. Partnership Details - The partnership with Volcano Engine will provide technological support, while the collaboration with Tuya Smart focuses on co-developing products and expanding market reach [3]. Market Outlook - The report emphasizes the potential benefits from recent government policies aimed at supporting childbirth, which could accelerate growth in the maternal and child market [3]. Financial Projections - The company is projected to achieve net profits of 198 million, 318 million, and 424 million yuan for the years 2024, 2025, and 2026 respectively, with corresponding price-to-earnings ratios of 94, 59, and 44 times based on the closing price on March 19, 2025 [4].

Investment Rating - The report assigns a "Buy" rating for the company, indicating a strong performance relative to the benchmark index [11]. Core Insights - The company, Kidswant, has established a partnership with ByteDance and Tuya Smart to enhance its AI capabilities and expand its market presence in the mother and baby sector [1][3]. - The BYKIDs incubator aims to provide comprehensive AI lifestyle solutions for families, leveraging significant investments and expert resources to support various product categories [2]. - The collaboration with Tuya Smart is expected to drive innovation in AI hardware products and enhance the company's retail channels [3]. - The report highlights the potential benefits of recent government policies aimed at supporting childbirth, which may create investment opportunities in the sector [3]. Summary by Sections Investment Rating - The investment rating for Kidswant is "Buy," reflecting a positive outlook based on current market conditions and company performance [11]. Company Overview - Kidswant operates a comprehensive ecosystem in the mother and baby market, with a focus on AI technology and e-commerce [4]. - The company has a significant retail presence with thousands of stores and a large member base, enhancing its market reach [4]. Recent Developments - The establishment of the BYKIDs incubator in collaboration with ByteDance and Tuya Smart marks a strategic move to integrate AI into its product offerings [1][2]. - The partnership aims to create a range of AI-driven products and improve customer engagement through innovative retail strategies [3]. Financial Projections - The projected net profits for Kidswant are estimated to be 198 million, 318 million, and 424 million yuan for the years 2024, 2025, and 2026, respectively [4]. - The price-to-earnings (PE) ratios based on the closing price on March 19, 2025, are projected to be 94, 59, and 44 for the respective years [4].

Core Viewpoint - The collaboration between Kid King and Tuya Smart aims to enhance AI integration in children's products and services, leveraging their partnership with Volcano Engine for broader market development [1] Group 1: Partnership Details - Kid King and Tuya Smart signed a comprehensive cooperation agreement on March 18 [1] - Both companies have also established a partnership with Volcano Engine to support their collaborative efforts [1] Group 2: Project Initiatives - The collaboration will focus on building the BYKIDs incubator and co-developing intelligent products [1] - There will be joint efforts in marketing and sales through Kid King's channels, including AI transformation of stores and live broadcasts [1] - The partnership aims to explore overseas market opportunities together [1]

证券代码：301078 证券简称：孩子王 公告编号：2025-009 孩子王儿童用品股份有限公司 关于归还用于暂时补充流动资金的闲置募集资金的公告 公司实际使用闲置募集资金 5.73 亿元暂时补充流动资金，在使用闲置募集 资金暂时补充流动资金期间，公司严格遵守《上市公司监管指引第 2 号—上市公 司募集资金管理和使用的监管要求》《深圳证券交易所上市公司自律监管指引第 2 号—创业板上市公司规范运作》以及公司《募集资金管理办法》等相关规定， 用于暂时补充流动资金的闲置募集资金仅用于与主营业务相关的生产经营，资金 使用安排合理，未影响募集资金投资项目的正常进行。 截至本公告披露日，公司已将用于暂时补充流动资金的闲置募集资金 5.73 亿 元全部归还至募集资金专户，使用期限未超过 12 个月，公司已将募集资金的归 还情况通知公司保荐机构及保荐代表人。 特此公告。 孩子王儿童用品股份有限公司 董事会 2025 年 3 月 19 日 1 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 导性陈述或者重大遗漏。 孩子王儿童用品股份有限公司（以下简称"公司"）于 2024 年 6 月 24 日召 ...

孩子王儿童用品股份有限公司 关于公司与涂鸦智能签订全面合作协议的公告 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、 误导性陈述或者重大遗漏。 特别提示： 1、本协议属于双方合作意愿和基本原则的框架性、意向性、初步的约定， 尚存在不确定性，敬请广大投资者注意投资风险。 2、本协议的签署对公司本年度及未来各会计年度财务状况的具体影响存在 不确定性。 证券代码：301078 证券简称：孩子王 公告编号：2025-008 3、公司最近三年未披露过签署框架协议的情况。 4、本次签署的协议不构成关联交易，不属于《上市公司重大资产重组管理 办法》规定的重大资产重组。 一、协议签署概况 孩子王儿童用品股份有限公司（以下简称"公司"或"孩子王"）与杭州涂鸦 信息技术有限公司（以下简称"涂鸦智能"）已于 2025 年 3 月 18 日签署《全面 合作协议》（以下简称"本协议"）。 孩子王与涂鸦智能均已与北京火山引擎科技有限公司（以下简称"火山引 擎"）达成全面合作，基于此，孩子王将在共建 BYKIDs 孵化器、共研智能体、 共同打造 AI 伴身智能硬件产品矩阵并在孩子王渠道首发及营销、销售、实现门 店 ...

Investment Rating - The report initiates coverage on the company with a positive outlook, indicating a potential for growth in the mother and baby retail sector [3]. Core Insights - The company is recognized as a leading player in the domestic mother and baby retail industry, with a significant recovery in profitability [6][9]. - The "Three Expansion Strategy" aims to reshape the company's role in the industry by enhancing product categories, embracing technological changes, and expanding business models [9][33]. - The financial performance shows a strong growth trajectory, with projected net profit for 2024 expected to be between 160 million and 211 million RMB, representing a year-on-year increase of 52.21% to 100.73% [17]. Summary by Sections Company Overview - The company is a leader in the domestic mother and baby retail sector, with over 1,000 stores nationwide and a stable expansion despite external challenges [6][9]. - The governance structure is professionalized, with external strategic partners introduced to enhance business collaboration [10]. Strategic Initiatives - The "Three Expansion Strategy" includes expanding product categories, embracing live e-commerce, and opening franchise models to penetrate lower-tier markets [9][36]. - The company has established a joint venture with XinXuan Holdings to explore new family e-commerce live retail business [35]. Financial Performance - The company anticipates a significant increase in revenue, with projected sales of 9.67 billion RMB in 2024, up from 8.75 billion RMB in 2023, reflecting a growth rate of 10.48% [48]. - The gross profit margin is expected to improve, with a forecasted net profit margin of 2.07% in 2024 [48]. - Operating cash flow has shown significant improvement, with a net inflow of 909 million RMB, supporting business expansion [27]. Future Outlook - The company is expected to continue its growth trajectory, with revenue from mother and baby products projected to grow at a rate of 20% in 2025 and 18% in 2026 [40]. - The strategic focus on digitalization and AI applications is anticipated to enhance service offerings and operational efficiency [38][39].