Core Viewpoint - The company Fulejia, known as the "first stock in medical beauty masks," has reported a significant decline in both revenue and net profit for the first half of 2025, marking its worst performance since going public [2][3]. Financial Performance - The company's revenue decreased by 8.15% to 863 million yuan, down from 940 million yuan in the same period of 2024, marking the first negative growth in half-year revenue since its listing [2][3]. - Net profit fell by 32.54% to 230 million yuan, down from 341 million yuan year-on-year, with non-recurring net profit nearly halved, dropping by 48.66% [2][3]. - In Q1 2025, revenue was 301 million yuan, a significant decline of 26.39%, while net profit was 91 million yuan, down 39.77% [3]. - Q2 2025 saw revenue of 562 million yuan, a slight increase of 5.9%, primarily driven by online promotions of cosmetic products, but net profit still declined by 26.72% to 138 million yuan [3][4]. Cost Structure and Profitability - Sales expenses surged to 420 million yuan in the first half of 2025, a year-on-year increase of 39.56%, accounting for 48.67% of total revenue [4][8]. - The gross margin for cosmetic products decreased by 1.11 percentage points to 80.42%, despite a revenue increase of 29.95% to 625 million yuan [7][8]. - Medical device product revenue plummeted by 48.07% to 238 million yuan, significantly impacting overall profitability [5][6]. Market and Regulatory Environment - New regulations from the National Medical Products Administration in 2025 require greater transparency in raw material safety information, increasing compliance costs for medical beauty companies [7]. - The company faces challenges from increased regulatory scrutiny and a competitive market, which has led to a decline in consumer trust due to over-promotional practices [7][11]. Strategic Recommendations - Experts suggest that the company should enhance R&D investment to improve product innovation and diversify its distribution channels, particularly by strengthening partnerships with offline medical beauty institutions [11]. - There is a need for the company to shift its focus from heavy marketing expenditures to building a robust product development strategy to regain market confidence and ensure long-term sustainability [11].

36氪获悉，纬德信息公告，根据2025年9月29日询价申购情况，初步确定的本次询价转让价格为40.33 元/股。参与本次询价转让报价的机构投资者家数为17家，合计有效认购股份数量为502.8万股，对应转 让底价的有效认购倍数为2.89倍。本次询价转让拟转让股份已获全额认购，初步确定受让方为7家机构 投资者，拟受让股份总数为174.09万股。小财注：纬德信息今日收盘价54.43元/股，询价转让价较收盘 价折价26%。 ...

Group 1 - The core point of the announcement is that Weide Information has set a preliminary inquiry transfer price of 40.33 yuan per share based on the inquiry subscription situation as of September 29, 2025 [1] - A total of 17 institutional investors participated in the inquiry transfer, with a combined effective subscription of 5.028 million shares, resulting in an effective subscription multiple of 2.89 times the transfer base price [1] - The shares intended for transfer have been fully subscribed, with the preliminary determined transferees being 7 institutional investors, who will collectively acquire a total of 1.7409 million shares [1]

南方财经9月28日电，敷尔佳(301371.SZ)于2025年9月26日公告，原财务负责人邓百娇女士因岗位调整 辞任，由具有注册会计师背景的李政德先生接任该职务。邓百娇女士仍继续担任公司董事及董事会秘 书。 2025年上半年，敷尔佳实现营业收入8.63亿元，同比下降8.15%；归属于上市公司股东的净利润为2.30 亿元，同比下降32.54%。业绩下滑主要受公司主动优化线下渠道、以及持续加大宣传推广投入的影 响。2025年上半年，公司销售费用达4.20亿元，同比增长39.56%，占营业收入的比例高达48.67%。 ...

Group 1 - The company announced the resignation of its financial officer, Deng Baijiao, due to a reassignment of responsibilities [1] - Deng Baijiao will continue to serve as a director and secretary of the board after resigning from the financial officer position [1] - The company appointed Li Zhengde as the new financial officer, effective from the date of board approval until the end of the current board's term [1] Group 2 - As of the announcement date, Deng Baijiao held 460,000 shares, representing 0.09% of the company's total share capital [1] - The board meeting to review the appointment of the new financial officer is scheduled for September 26, 2025 [1]

Core Points - The company Fuhua announced the resignation of its financial officer, Deng Baijiao, due to a reassignment of responsibilities [2] - Deng Baijiao will continue to serve as a director and board secretary after resigning from the financial officer position [2] - The company appointed Li Zhengde as the new financial officer, effective from the date of the board's approval until the end of the current board's term [2]

Group 1 - The cosmetics sector experienced a slight increase of 0.1% on September 26, with Qingdao King leading the gains [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] - Key stocks in the cosmetics sector showed varied performance, with Qingdao King rising by 3.49% to a closing price of 8.00 [1] Group 2 - The cosmetics sector saw a net inflow of 55.80 million yuan from main funds, while retail investors experienced a net outflow of 30.36 million yuan [2] - Major stocks like Qingdao King and Shanghai Jahwa had significant net inflows from main funds, indicating investor interest [3] - The overall trading volume and turnover in the cosmetics sector reflected active market participation, with Qingdao King achieving a turnover of 3.83 billion yuan [1][2]

哈尔滨敷尔佳科技股份有限公司 互动易平台信息发布及回复内部审核制度 第一章 总则 第一条 为规范哈尔滨敷尔佳科技股份有限公司（以下简称"公司"）互动 易平台信息发布及回复的管理工作，建立公司与投资者良好沟通机制，持续提升 公司治理水平，根据中国证监会《上市公司信息披露管理办法》《上市公司投资 者关系管理工作指引》以及《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》等法律法规及《公司章程》的规定，制定本制度。 第二条 本制度所指"互动易平台"是指深圳证券交易所为上市公司与投资 者之间搭建的自愿性、交互式信息发布和进行投资者关系管理的综合性网络平台， 是上市公司法定信息披露的有益补充。 第三条 互动易平台发布信息及回复的总体要求： 公司在互动易平台发布信息及回复投资者提问时，应当注重诚信，尊重并平 等对待所有投资者，主动加强与投资者的沟通，增进投资者对公司的了解和认同， 营造健康良好的市场生态。 公司在互动易平台发布信息及回复投资者提问时，应当谨慎、理性、客观， 以事实为依据，保证所发布信息的真实、准确、完整和公平，不得使用夸大性、 宣传性、误导性语言，应当注重与投资者交流互动的效果， ...

证券代码：301371 证券简称：敷尔佳 公告编号：2025-038 哈尔滨敷尔佳科技股份有限公司 关于变更财务负责人的公告 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。 一、财务负责人辞任的情况 哈尔滨敷尔佳科技股份有限公司（以下简称"公司"）董事会于 2025 年 9 月 23 日收到公司董事、董事会秘书、财务负责人邓百娇女士提交的《辞任报告》， 邓百娇女士因岗位职责调整，申请辞去财务负责人职务，其原定任期至第二届董 事会届满之日止，辞去财务负责人职务后将继续担任公司董事、董事会秘书职务。 根据《公司法》《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》《公司章程》等相关规定，邓百娇女士的《辞任报告》自送达公 司董事会之日起生效。 邓百娇女士在担任公司财务负责人期间勤勉尽责、恪尽职守，忠实履行了财 务负责人的职责与义务，为促进公司规范运作发挥了积极作用，公司及公司董事 会对邓百娇女士担任财务负责人期间为公司所作出的贡献表示衷心的感谢！ 截至本公告披露日，公司董事、董事会秘书邓百娇女士持有公司股份 455,000 股，占公司总股本 ...

哈尔滨敷尔佳科技股份有限公司 子公司管理制度 第一章 总则 第一条 为加强对哈尔滨敷尔佳科技股份有限公司（以下简称"公司"）子 公司的管理，有效控制经营风险，保护投资者合法权益，根据《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》等法律法规及 《哈尔滨敷尔佳科技股份有限公司章程》（以下简称"《公司章程》"）的有关 规定，制定本制度。 第二条 本制度所称子公司为公司合并报表范围内的公司，指公司依法设立 或收购的、具有独立法人资格的公司。 第三条 公司通过向子公司委派董事、监事及高级管理人员和加强日常监管 两条途径行使股东权利，并负有对子公司指导、监督职责和相关服务的义务。 （四）公司内审部主要负责对子公司重大事项和规范运作进行审计监督。 第二章 规范运作 第六条 子公司可以依据《公司法》等有关法律法规，完善自身的法人治理 1 结构，建立健全内部管理制度和三会制度。子公司依法设立股东会、董事会（如 有，或执行董事）、监事会（如有，或监事）。 第七条 子公司的董事、监事及高级管理人员具有以下职责： 第四条 子公司在公司授权范围内，可以根据自身经营特点和环境条件，制 定其内部控制制度。子公 ...