Core Viewpoint - Diya Co., Ltd. is a leading brand in the diamond ring market, focusing on high-quality customized wedding jewelry and has established strong brand recognition and potential in the industry [1] Group 1: Business Performance - For Q3 2025, Diya Co., Ltd. reported revenue of 1.156 billion yuan, ranking 11th in the industry, with the top competitor, Laofengxiang, achieving 48.001 billion yuan [2] - The revenue breakdown shows that engagement rings generated 587 million yuan, accounting for 74.72% of total revenue, while wedding rings contributed 167 million yuan (21.21%) [2] - The net profit for the same period was 103 million yuan, placing the company 9th in the industry, with Laofengxiang leading at 1.838 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Diya Co., Ltd. had a debt-to-asset ratio of 18.91%, which is lower than the industry average of 32.06% [3] - The gross profit margin for the period was 66.40%, higher than the industry average of 22.10% [3] Group 3: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 5.02% to 12,000, while the average number of shares held per shareholder decreased by 4.78% to 33,300 [5] - Hong Kong Central Clearing Limited is the fourth-largest shareholder, holding 4.5686 million shares, a decrease of 588,300 shares from the previous period [5] Group 4: Management Compensation - The chairman, Zhang Guotao, received a salary of 2.8928 million yuan in 2024, down from 4.1772 million yuan in 2023, a decrease of 1.2844 million yuan [4] Group 5: Future Projections - Huachuang Securities projects that Diya Co., Ltd. will achieve net profits of 126 million yuan, 174 million yuan, and 224 million yuan for 2025 to 2027, with corresponding growth rates of 138.3%, 37.5%, and 28.8% [6] - Guolian Minsheng Securities anticipates revenues of 1.635 billion yuan, 1.851 billion yuan, and 2.060 billion yuan for the same period, with growth rates of 10.27%, 13.22%, and 11.29% respectively [7]

Financial Performance - In the first three quarters of 2025, the company achieved a revenue of 1.156 billion CNY, a year-on-year increase of 4.03% [3] - Net profit attributable to shareholders reached 102.54 million CNY, a significant increase of 407.97% compared to the previous year [3] - Single-store revenue was 2.6456 million CNY, reflecting a growth of 30.77% year-on-year [3] - Online self-operated business generated 226 million CNY in revenue, up 45.79% year-on-year [3] Operational Efficiency - The company optimized its brand and improved the efficiency of online and offline channel operations, leading to a significant reduction in operational costs [3] - The total number of stores decreased by 60, resulting in a total of 341 stores, yet revenue still grew by 4.03% [3] - Sales expenses decreased significantly, with rent, decoration, and labor costs combined reducing by 91.67 million CNY [3] Product Strategy - The company focuses on emotional expressions through its product offerings, particularly in the "proposal" and "wedding" categories [4] - New product launches include the "One Life One Love" series of gold rings and the "DR Golden Crown" wedding five metals, both designed to meet modern consumer needs [4] - The company aims to enhance its product line to improve customer repurchase rates, particularly targeting the 35+ age group, which contributes over 20% to revenue [9] Channel Development - The company closed 48 underperforming stores and opened 16 new ones, resulting in a net decrease of 32 stores [6] - Single-store operational efficiency improved, with revenue per store increasing by 30.77% [6] - Future plans include enhancing brand presence in core urban areas and expanding into lower-tier cities [6] Online vs. Offline Strategy - The overall gross margin for the company was 66.40%, showing improvement due to optimized product sales structure [7] - The company maintains a unified product structure across online and offline channels to ensure brand consistency [7] - Online channels reach a broader audience, particularly younger consumers, while offline channels focus on experiential service [7] International Expansion - The company plans to expand into the U.S. market, focusing on diamond and wedding ring categories, leveraging its successful domestic strategies [11] - Future international expansion will also target Southeast Asia and Europe, building a global market network [11] - The company is exploring multi-brand development opportunities, capitalizing on the current low valuations of global jewelry brands [11]

Core Insights - Diya Co., Ltd. reported a stable recovery in its performance for Q3 2025, with a revenue of 370 million yuan, marking an 11.17% year-on-year increase, and a net profit of 26.537 million yuan, indicating a turnaround from losses [1] - For the first three quarters of 2025, the company achieved a revenue of 1.156 billion yuan, a 4.03% increase year-on-year, and a net profit of 103 million yuan, reflecting a significant growth of 407.97% [1] - The company's basic earnings per share reached 0.26 yuan, a substantial increase of 420% year-on-year, and the weighted average return on equity rose to 1.63%, up by 1.32 percentage points [1] Financial Performance - Q3 2025 revenue: 370 million yuan, up 11.17% year-on-year [1] - Q3 2025 net profit: 26.537 million yuan, indicating a return to profitability [1] - First three quarters 2025 revenue: 1.156 billion yuan, up 4.03% year-on-year [1] - First three quarters 2025 net profit: 103 million yuan, up 407.97% year-on-year [1] - Basic earnings per share: 0.26 yuan, up 420% year-on-year [1] - Weighted average return on equity: 1.63%, up 1.32 percentage points [1] Operational Efficiency - Sales expenses for the first three quarters were 557 million yuan, down 10.51% year-on-year, indicating improved cost control [1] - Single store revenue for the first three quarters reached 2.6456 million yuan, a 30.77% increase year-on-year [2] - Online self-operated revenue for the first three quarters was 226 million yuan, a 45.79% increase year-on-year, with online revenue share rising from 13.96% to 19.56% [2] Strategic Initiatives - Diya Co., Ltd. is focusing on resource allocation to develop high-end gold product lines, including DR wedding gold products [2] - The company is optimizing its channel layout and enhancing offline store images to improve consumer experience [2] - As of mid-2025, DR's domestic platform fan base exceeded 30 million, with 960,000 fans overseas and 689 million overseas exposures [2]

Core Viewpoint - Diya Co., Ltd. reported significant growth in both revenue and net profit for the third quarter of 2025, indicating a substantial improvement in profitability and operational efficiency [1] Financial Performance - The company's revenue for the first three quarters reached 1.156 billion yuan, a year-on-year increase of 4.03% [1] - The net profit attributable to shareholders for the same period was 103 million yuan, showing a remarkable year-on-year growth of 407.97% [1] - In the third quarter alone, revenue was 370 million yuan, reflecting an 11.17% increase compared to the previous year [1] - The net profit for the third quarter was 26.537 million yuan, which is a 310.14% year-on-year increase [1] Operational Efficiency - Diya Co., Ltd. has optimized resource allocation and reduced operational costs through brand upgrades, product iterations, and improved channel operation efficiency [1] - The average revenue per store reached 2.6456 million yuan in the first three quarters, marking a 30.77% year-on-year increase, indicating effective store management [1] - Online channels performed exceptionally well, with self-operated online revenue increasing by 45.79% year-on-year [1] Store Expansion - As of the end of the third quarter, the company operated a total of 341 stores, covering 184 cities nationwide [1]

募集资金管理制度 第一章 总则 迪阿股份有限公司 第一条 为规范迪阿股份有限公司（以下简称"公司"）募集资金管理，提 高募集资金使用效率，切实保护投资者的权益，根据《中华人民共和国公司法》 《中华人民共和国证券法》《上市公司募集资金监管规则》《深圳证券交易所创 业板股票上市规则》《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》等法律、法规、规范性文件及《迪阿股份有限公司章程》（以 下简称"《公司章程》"）的有关规定，特制定本制度。 第二条 本制度所称募集资金是指公司通过发行股票及或者其他具有股权性 质的证券，向投资者募集并用于特定用途的资金，但不包括公司实施股权激励计 划募集的资金。 第三条 公司募集资金应当专款专用。公司使用募集资金应当符合国家产业 政策和相关法律法规，践行可持续发展理念，履行社会责任，原则上应当用于主 营业务，有利于增强公司竞争能力和创新能力。 公司应当建立并完善募集资金存放、管理、使用、改变用途、监督和责任追 究的内部控制制度，明确募集资金使用的分级审批权限、决策程序、风险控制措 施及信息披露要求，规范使用募集资金。 公司董事会应当持续关注募集资金存放、管理和 ...

迪阿股份有限公司 内幕信息知情人登记管理制度 第一章 总 则 第一条 为规范迪阿股份有限公司（以下简称"公司"）的内幕信息管理， 加强内幕信息保密工作，以维护信息披露的公开、公平、公正原则，保护广大投 资者的合法权益，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司信息披露管理办法》《上市公司监管指引第 5 号——上市公司内幕信息知 情人登记管理制度》《深圳证券交易所创业板股票上市规则》《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》及有关法律、法规 和《迪阿股份有限公司章程》（以下简称"《公司章程》"）的相关规定，结合 公司实际情况，制定本制度。 第二条 董事会应当按照本制度要求以及证券交易所相关规则要求及时登记 和报送内幕信息知情人档案，并保证内幕信息知情人档案真实、准确和完整，董 事长为主要责任人。董事会秘书负责办理公司内幕信息知情人的登记入档和报送 事宜。董事长与董事会秘书应当对内幕信息知情人档案的真实、准确和完整签署 书面确认意见。 第三条 公司证券事务部是信息披露管理、投资者关系管理、内幕信息登记 备案工作的日常办事机构，董事会秘书和证券事务部负责证券监 ...

内部审计管理制度 迪阿股份有限公司 为了加强迪阿股份有限公司（以下简称"公司"）内部管理和控制，提高内 部审计工作质量，保护投资者合法权益，依据《中华人民共和国审计法》《中国 内部审计准则》《深圳证券交易所创业板股票上市规则》《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》等法律、法规、规范性 文件及《迪阿股份有限公司章程》（以下简称"《公司章程》"）的有关规定， 结合公司实际情况，制定本制度。 第二条 定义 第一章 总则 第一条 目标和依据 本制度所称内部审计，是指公司内部的审计部门依据国家有关法律法规和本 制度的规定，对公司、公司各内部机构、分公司及下属控股子公司开展的一种独 立、客观的确认和咨询活动。它通过运用系统、规范的方法，审查和评价公司的 业务活动、内部控制和风险管理的适当性和有效性，以促进公司完善治理、增加 价值和实现目标。 第三条 适用范围 本制度适用于公司各内部机构、分公司及下属控股子公司。 第二章 审计机构与审计人员 第四条 机构设置 公司董事会下设董事会审计委员会（以下简称"审计委员会"），负责指导 和监督公司内部审计工作。审计委员会成员应当为不在公司担任高级 ...

迪阿股份有限公司 投资者关系管理制度 第一章 总 则 第一条 为了进一步规范迪阿股份有限公司（以下简称"公司"）投资者关系 管理工作，加强公司与投资者之间的有效沟通，完善公司治理结构，实现公司价值 和股东利益最大化，根据《中华人民共和国公司法》《中华人民共和国证券法》《上 市公司投资者关系管理工作指引》《深圳证券交易所创业板股票上市规则》（以下 简称"《上市规则》"）和《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》等法律、行政法规、规范性文件要求及《迪阿股份有限公司 章程》（以下简称"《公司章程》"）的相关规定，结合公司实际情况，制定本制 度。 第二条 投资者关系管理是指公司通过便利股东权利行使、信息披露、互动交 流和诉求处理等工作，加强与投资者及潜在投资者之间的沟通，增进投资者对公司 的了解和认同，以提升公司治理水平和企业整体价值，实现尊重投资者、回报投资 者、保护投资者目的的相关活动。 第三条 公司投资者关系管理的基本原则： （一）合规性原则。公司投资者关系管理应当在依法履行信息披露义务的基础 上开展，符合法律、法规、规章及规范性文件、行业规范和自律规则、公司内部规 章制度，以及 ...

迪阿股份有限公司 信息披露制度 第一章 总 则 第一条 为了加强对迪阿股份有限公司（以下简称"公司"）信息披露工作的 管理，保护公司、股东、债权人及其他利益相关人员的合法权益，规范公司的信 息披露行为，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市 公司治理准则》《上市公司信息披露管理办法》《上市公司信息披露暂缓与豁免 管理规定》《上市公司治理准则》《深圳证券交易所创业板股票上市规则》《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》《深圳 证券交易所上市公司自律监管指引第5号——信息披露事务管理》等法律、法规和 《迪阿股份有限公司章程》（以下简称"《公司章程》"）的有关规定，结合公 司实际情况，特制定本制度。 第二条 本制度所称信息披露是指达到证券监管部门关于公司信息披露的标 准要求，根据相关法律、法规、部门规章及证券监管部门的规范性文件，可能对 公司股票及衍生品种价格产生较大影响而投资者尚未得知的重大信息，在规定时 间内，通过规定的媒体，以规定的方式向社会公众公布，并在证券监管部门备案。 第三条 本制度所指信息主要包括： （一）公司依法公开对外发布的定期报告，包括年度报告 ...

迪阿股份有限公司 会计师事务所选聘制度 第一章 总则 第一条 为了进一步规范迪阿股份有限公司（以下简称"公司"）选聘(含续聘、 改聘，下同)会计师事务所的行为，提高审计工作和财务信息的质量，切实维护股东利 益，根据《中华人民共和国公司法》《中华人民共和国证券法》《国有企业、上市公司选 聘会计师事务所管理办法》《深圳证券交易所创业板股票上市规则》等法律、法规、规范性 文件及《迪阿股份有限公司章程》（以下简称"《公司章程》"）的相关规定，结合本公司 实际情况，制定本制度。 第二条 公司选聘进行财务会计报告审计业务的会计师事务所（下称"会计师事务 所"），需遵照本制度的规定。公司选聘提供除财务会计报告审计之外的其他法定审 计业务的会计师事务所，视重要性程序可参照本制度执行。 第三条 公司聘用或解聘会计师事务所，应经董事会审计委员会（以下简称"审计 委员会"）全体成员过半数同意后，提交董事会审议，并由股东会决定。公司不得在董 事会、股东会审议通过前聘请会计师事务所开展审计业务。 第四条 公司控股股东、实际控制人不得在公司董事会、股东会审议前，向公司指 定会计师事务所，亦不得干预审计委员会独立履行审核职责。 第二章 会 ...