本报讯 10月28日，杭州可靠护理用品股份有限公司（以下简称"可靠股份"）发布2025年三季报，该公 司前三季度实现营收8.29亿元，同比增长5.12%；归母净利润2798万元，同比增长26.79%；经营性现金 流同比大幅增长136.29%，达到8971万元。经过对"银发经济"二十四年深耕，可靠股份营收再迎稳健增 长，提出的"失禁护理第一步可靠成人纸尿裤"深入人心。 据悉，在一线调研中，可靠股份发现许多老年人因皮肤脆弱，对传统护理用品存在排斥感。于是，可靠 股份研发团队推出了"可靠云柔瞬吸系列"。柔软的表层、科学的材料、人体工学剪裁，让用户每一次使 用都很安心、舒适。 从用户本身诉求出发，研发出消费者真正需要的产品，进而打造出可靠的产品，是可靠股份成立24年以 来不变的铁律。为了生产出可靠的产品，公司将产品质量视为"生命线"。在工厂里，可靠智慧工厂的智 能生产线24小时运转，智能视觉检测系统精准识别每一片纸尿裤的质量；数据平台实时监控库存与物 流，确保供应高效稳定。 随着中国进入深度老龄化社会，可靠股份表示，将坚定聚焦银发战略，坚持"一切以用户为核心"，持续 释放行业深耕优势，积极探索智能制造新模式、新场景， ...

Core Insights - The article highlights the financing challenges faced by the elderly care industry in China and introduces Qilu Bank's innovative "Elderly Easy Loan" product as a solution to these issues [1][8]. Group 1: Industry Challenges - The elderly care institutions in China face four major financial difficulties: weak asset collateral capabilities, significant capital pressure, long subsidy reimbursement cycles, and lengthy investment recovery periods [3]. - Over 70% of institutions rely on old community rental spaces or state-allocated land, making traditional collateral models inadequate for financing needs [3]. - The average liquidity gap for small and medium-sized institutions is between 2 million to 5 million yuan due to pre-deposited government service purchase guarantees and bed vacancy costs [3]. - The investment recovery period for a single bed is generally over 5 years, influenced by policy price limits and market competition [3]. Group 2: Banking Sector Challenges - The banking sector faces three main difficulties in financing the elderly care industry: challenges in risk assessment due to the lack of specialized rating models, difficulties in product adaptation to the seasonal operational characteristics of elderly care institutions, and challenges in post-loan management [3]. Group 3: Innovative Solutions - Qilu Bank has launched the "Elderly Easy Loan," which innovatively uses bed operation rights as collateral, increasing financing coverage by 60% [4]. - The loan features a flexible repayment mechanism that aligns with the seasonal operations of elderly care institutions, reducing funding costs by 25% [4]. - The risk coverage has been enhanced from 30% to 80% through a combination of policy insurance and government subsidy pre-reimbursement [5]. Group 4: Practical Implementation - The "Elderly Easy Loan" has been successfully implemented at the Minshan Nursing Center, which faced significant supply chain financial pressure and training costs [6]. - Qilu Bank customized a financing plan of 5 million yuan over 36 months, addressing the center's specific operational needs [6]. Group 5: Future Outlook - The introduction of "Elderly Easy Loan" is significant for the development of the elderly care industry, facilitating the integration of medical and elderly care services and promoting smart elderly care ecosystems [7]. - Qilu Bank plans to further optimize the loan product and develop supply chain financial sub-products to enhance financing across the elderly care sector [7][8].