Group 1 - The company holds nearly 5% of shares in Suhao International and confirms that the financial statements include relevant profit and loss data [1] - The company adheres to accounting standards in processing the equity held in Suhao International, ensuring that related profit and loss are recognized in periodic reports [1] - The response was provided on an investor relations platform, indicating the company's commitment to transparency and communication with investors [1]

Core Viewpoint - The company has completed the hardware renovation of its "Exhibition Center Construction Project" as planned, with overall construction nearing completion, which is a strategic initiative to enhance brand image and optimize customer experience [1] Group 1 - The "Exhibition Center Construction Project" is an important strategic measure for the company [1] - The company is currently progressing with soft decoration and equipment debugging as part of the finalization work [1]

Group 1 - The stock price of Rongmei Co., Ltd. is reported at 14.47 yuan, down 0.61 yuan from the previous trading day, with an opening price of 15.12 yuan, a high of 15.12 yuan, a low of 14.46 yuan, a trading volume of 35,591 hands, and a transaction amount of 0.53 billion yuan [1] - Rongmei Co., Ltd. specializes in the design, production, and sales of women's clothing, primarily through online sales via Taobao. The company was established in 2012 and went public on the Shenzhen Stock Exchange's Growth Enterprise Market in 2021. Recently, the company has expanded its business from women's clothing to the high-end jewelry sector, aiming to create a product system of "clothing + jewelry" [1] - The company's founder, Guo Jian, made controversial remarks during a live broadcast suggesting customers undergo "bone-breaking height increase," which has sparked public debate [1] - For the first half of 2025, the company's revenue is reported at 298 million yuan, a year-on-year decrease of 13.91%, while net profit stands at 37 million yuan, down 19.33% year-on-year [1] - The company has faced multiple infringement disputes, being sued by brands such as Zhihuo and Fabrique [1] Group 2 - On August 27, the net outflow of main funds was 3.93 million yuan, with a net outflow of 3.51 million yuan over the past five days [2]

Core Viewpoint - The controversy surrounding "Rongmei High-end Women's Wear" highlights the brand's declining performance and negative consumer perception, exacerbated by the owner's dismissive comments during a live stream [2][3][5]. Company Overview - Rongmei High-end Women's Wear is backed by A-share listed company Rongmei Co., Ltd. (301088.SZ), which was established in 2006 and initially focused on selling Japanese-style women's clothing on Taobao [3]. - The brand achieved significant growth, becoming the top women's clothing brand on Taobao by 2015, with a transaction volume exceeding 1 billion yuan [3]. Financial Performance - In 2021, Rongmei Co., Ltd. reported record revenues of 949 million yuan and a net profit of 167 million yuan [3]. - However, the company has faced a decline in revenue, with projections indicating a year-on-year decrease of 19.13% and 10.2% for 2023 and 2024, respectively, bringing revenues down to 767 million yuan and 689 million yuan [3]. - For the first half of 2023, the company reported revenues of 298 million yuan, a decline of 13.9%, and a net profit of approximately 37 million yuan, down 19.3% [5]. Inventory and Sales Metrics - As of June 2023, the inventory turnover days reached a record high of 382.9 days, compared to 341.17 days in the previous year [5]. - The flagship store on Taobao, which generates 99.9% of the company's revenue, saw a decrease in key performance indicators, including a drop in half-year browsing volume from 742 million to 670 million and a decline in total order value from 1.21 billion yuan to 1.11 billion yuan [5]. Legal Issues - The company has faced legal challenges, including a copyright infringement case from the brand Zhihuo, which resulted in a court ruling against Rongmei [6]. - In July 2023, another designer brand, Fabrique, won a lawsuit against Rongmei for copyright infringement and unfair competition, further damaging the company's reputation [6].

Core Viewpoint - The controversy surrounding "Rongmei High-end Women's Wear" highlights issues of consumer respect and brand reputation, particularly following a live-stream incident involving the brand's owner [2][3]. Company Overview - Rongmei Co., Ltd. (301088.SZ) is an A-share listed company that originated from a Taobao store established in 2006, focusing on Japanese-style women's clothing [4]. - The brand achieved significant growth, becoming the top women's clothing brand on Taobao by 2015, with a transaction volume exceeding 1 billion yuan [4]. - The company went public in October 2021, reporting record revenues of 949 million yuan and a net profit of 167 million yuan in the following year [4]. Financial Performance - In 2023 and 2024, Rongmei's revenue is projected to decline by 19.13% and 10.2%, respectively, returning to 2019 levels with revenues of 767 million yuan and 689 million yuan [4]. - For the first half of the year, the company reported revenues of 298 million yuan, a year-on-year decrease of 13.9%, and a net profit of approximately 37 million yuan, down 19.3% [6]. Inventory and Sales Metrics - As of June 2023, Rongmei's inventory turnover days reached a record high of 382.9 days, compared to 341.17 days the previous year [7]. - The flagship store on Taobao, which generates 99.9% of the company's revenue, saw a decline in key performance indicators, including a drop in browsing volume from 742 million to 670 million and a decrease in the number of buyers from 1.3121 million to 1.1314 million [7]. Legal Issues - The company has faced legal challenges regarding copyright infringement, including a 2016 case where it was found to have infringed on the works of another brand, Zhihe [8]. - In July 2023, another designer brand, Fabrique, won a lawsuit against Rongmei for copyright infringement and unfair competition, further damaging the company's reputation [8].

| 编制单位:日不成美股份有限公司 | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 上田文与上市公司的 一市公司核复的会 2023年机占用途金 2027年十年及口用系列 | | | | 2025年半年度占用 2025年半年度偿 | | 2025年6月30日 | 占用形成 | 占用性质 | | 非经营性资金占用 | 资金占图片名称 | 关联关系 | 计科目 | 余额 | 发生金额(不含利息) | 资金的利息(如有) | 还累计发生金额 | 在来登金余额 | 原因 | | | 控股股东 实际捕机 √ | KI | | | | | | | | | | | 人及其附属企业 工 | | | | | | | | | | | | 小计 | | - | | | | | | | | | | 前控股股东、实际控 | | | | | | | | | | | | 制人及其时属企业 | | | | | | | | | | | | 小计 | | | | | | | | | | | | 其他关联方 ...

Group 1 - The core viewpoint of the news is that Rongmei Co., Ltd. has shown a decrease in both revenue and net profit for the first half of 2025, indicating potential challenges in its financial performance [2] - As of August 25, 2023, Rongmei's stock price increased by 0.07%, with a trading volume of 27.21 million yuan, and a net financing outflow of 17.22 million yuan [1] - The company's financing balance is 40.63 million yuan, which is 1.20% of its market capitalization, indicating a low level compared to the past year [1] Group 2 - For the first half of 2025, Rongmei reported a revenue of 298 million yuan, a year-on-year decrease of 13.91%, and a net profit of 36.6 million yuan, down 19.33% year-on-year [2] - The company has distributed a total of 333 million yuan in dividends since its A-share listing, with 292 million yuan distributed in the last three years [3] - As of June 30, 2023, the number of shareholders for Rongmei was 18,900, a decrease of 0.67%, while the average circulating shares per person increased by 228.03% to 9,916 shares [2]

Core Insights - Rongmei Co., Ltd. (301088.SZ) released its semi-annual report for 2025 on August 26, 2025, indicating significant institutional ownership [1] Institutional Ownership - As of August 25, 2025, there is one institutional investor holding shares in Rongmei Co., Ltd., with a total holding of 118 million shares, representing 51.60% of the total share capital [1] - The institutional ownership percentage decreased by 0.02 percentage points compared to the previous quarter [1] Public Fund Holdings - During this reporting period, there was one public fund disclosed, which is the Shenwan Hongyuan Dividend Quantitative Stock A [1]

Group 1 - The company Rongmei Co., Ltd. announced the election of Yu Qingtang as the employee representative director of the third board of directors, effective from August 25, 2025 [2] - Yu Qingtang was previously a director of the company, and the total number of directors, including senior management and employee representatives, does not exceed half of the total number of directors, complying with relevant laws and regulations [2] - The term of Yu Qingtang as employee representative director will last until the expiration of the third board of directors [2]

Group 1 - The core viewpoint of the article is that Rongmei Co., Ltd. (301088.SZ) reported a decline in both revenue and net profit for the first half of 2025 compared to the same period last year [1] - The company achieved an operating income of 298 million yuan, representing a year-on-year decrease of 13.91% [1] - The net profit attributable to shareholders of the listed company was 36.5988 million yuan, down 19.33% year-on-year [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 20.2891 million yuan, a decrease of 2.70% year-on-year [1] - The basic earnings per share were 0.1606 yuan [1]