证券代码：603535 证券简称：嘉诚国际 公告编号：2025-037 ● 合同生效条件：正式签署后生效 ● 对公司影响：增厚业绩，深化与知名顶尖跨境电商平台合作关系，拓展高附加值服务边界。 广州市嘉诚国际物流股份有限公司（以下简称"公司"）近日收到知名跨境电商平台之一（以下简称"客 户"）发出的《中标通知书》，公司成功中标其华东地区智慧仓运营服务项目，现公告如下： 债券代码：113656 债券简称：嘉诚转债 广州市嘉诚国际物流股份有限公司 关于中标重要项目的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ● 项目类型：知名跨境电商平台之一的华东区域核心智慧仓运营服务项目 一、审议程序情况 本次合同金额在公司经营层审批的权限范围内，无需提交公司董事会及股东大会审议。 二、项目基本内容与客户情况 （一）项目主要信息： 此次合作系公司与该客户多次达成服务合作，充分体现客户对公司一体化服务能力的高度认可。 3、合同期限：以双方签署正式合同为准。 4、合同金额：如排除国际形势变化及贸易战与地缘政治等因素影响 ...

本报讯 （记者刘晓一）8月21日晚间，深圳市倍轻松科技股份有限公司（以下简称"倍轻松"）披露2025年半年度报告。上 半年，倍轻松持续深化"科技赋能健康"核心战略，通过多项前沿技术突破，丰富产品矩阵，进一步巩固在智能健康硬件领域的 领先地位，实现营业收入3.85亿元。 上半年公司研发投入2702.23万元，占营收的比重为7.02%。截至6月末，公司研发人员合计113名。其中，公司核心技术人 员万勇拥有超200项专利，带领团队攻克产品寿命、噪音、传动效率等技术难题。此外，公司还于2025年引入高级技术人才， 主要攻克公司在脑电及眼电信号技术难题。 在睡眠健康领域，公司构建了"硬件+内容+服务"三位一体的解决方案，整合智能硬件模块、沉浸式睡眠音乐系统、硬件数 据与云端健康模型，形成睡眠健康管理闭环。 同时，公司持续深化现代科技与传统中医理论的有机结合，在中医现代化领域实现艾灸炭技术和经络音疗系统两大突破。 报告期内，倍轻松积极拥抱AI发展浪潮，将AI智能化作为产品研发的核心方向之一。公司全新升级的中医体质辨识模型， 结合舌象、脉象AI分析模块，可通过智能穿戴设备数据实时生成体质报告。该模型为后续推出AI健康管家奠 ...

Core Viewpoint - The company, Kidswant, reported a significant increase in both revenue and profit for the first half of 2025, driven by strategic store upgrades and supply chain optimization [1] Financial Performance - Kidswant achieved a revenue of 4.911 billion yuan, representing an 8.64% year-on-year increase [1] - The net profit attributable to shareholders was 143 million yuan, a substantial increase of 79.42% year-on-year [1] - The net cash flow from operating activities reached 999.8 million yuan, up 18.28% year-on-year [1] Store Performance - Despite revenue growth, there were declines in store efficiency and average sales per store across all regions [3][4] - Store efficiency in East China, Southwest, Central China, and other regions showed declines of -8.82%, -5.29%, -11.03%, and -13.76% respectively [3][4] - Average sales per store in these regions also decreased, with East China at 1.4372 million yuan (-4.01%), Southwest at 1.4626 million yuan (-1.20%), Central China at 1.2921 million yuan (-11.16%), and others at 1.0915 million yuan (-9.24%) [3][4] Store Expansion and Structure - As of June 30, 2025, Kidswant and Lejoy had a total of 1,165 stores, including both direct-operated and franchised stores [5] - During the first half of 2025, Kidswant opened 49 new stores and closed 37, resulting in a total of 1,058 stores at the end of the period [5] - The company is actively expanding its franchise model and has launched over 200 stores in various stages of operation [6] Strategic Initiatives - Kidswant is implementing a "three expansions" strategy to diversify its business into personal care, skincare, and AI technology, amidst a slowing growth rate in the maternal and infant market [6] - The company has partnered with Beijing Volcano Engine Technology Co., Ltd. to develop AI-driven products, including a series of emotional companion dolls [6] Acquisition Activity - Kidswant completed the acquisition of Siyi Industrial, a leading company in the hair care sector, for 4.29 billion yuan, acquiring a 65% stake [7] - Siyi Industrial reported a revenue of 723 million yuan in 2024, with a net profit of 181 million yuan [7]

Group 1 - The core point of the article is that Binhai Service (03316.HK) has entered into a strategic cooperation agreement with Hangzhou Yufan Intelligent to develop AI and robotics applications in property management [1] - The agreement was signed on August 10, 2025, and aims to establish a comprehensive partnership in the field of AI intelligence for property management [1] - The collaboration will focus on research and development of AI solutions, product trials, and market commercialization [1]

Major Events - Zhonghui Biotech-B (02627) received 4007.64 times subscription for its public offering in Hong Kong, with a share price of HKD 12.9 [1] - Boan Biotech (06955) received approval for its Dulatide Injection Bo You Ping® to be marketed in China [1] - Huajian Medical (01931) signed a global strategic cooperation framework agreement with HashKey Group, a leading digital asset financial services group [1] - International Commercial Settlement (00147) plans to establish a joint venture to engage in cryptocurrency-related businesses [1] - Binhai Service (03316) intends to establish a strategic partnership with Yupan Intelligent in AI development and robotics applications [1] - Banan Group (01263) proposed to change its secondary listing status on the Singapore Exchange to a primary listing [1] - Pulin Chengshan (01809) resumed production at its tire manufacturing base in Thailand [1] Financial Performance - Fuzhikang Group (02038) reported a mid-term profit attributable to shareholders of USD 6.165 million, turning from loss to profit [1] - HKT (00215) reported a mid-term profit attributable to shareholders of HKD 6 million, also turning from loss to profit [1] - Reshaping Energy (02570) reported a mid-term loss of HKD 333 million, a decrease of 28.66% year-on-year [1] - China Heart-to-Heart Fertilizer (01866) reported a mid-term profit attributable to the parent company of approximately HKD 599 million, a decrease of 12.77% year-on-year [1] - Tongchen Group (00258) issued a profit warning, expecting a significant increase in mid-term after-tax comprehensive profit by approximately 6 to 7 times [1] - Greentown China (03900) issued a profit warning, expecting a 90% decrease in mid-term profit attributable to shareholders [1] - Shougang Resources (00639) issued a profit warning, expecting a 52% to 50% decrease in comprehensive profit attributable to shareholders for the first half of the year [1] - Maoyan Entertainment (01896) expects a year-on-year revenue increase of approximately 10.6% to 15.2%, reaching HKD 2.4 billion to 2.5 billion [1] - Sunshine Paper (02002) issued a profit warning, expecting a 55% to 65% decrease in mid-term profit attributable to shareholders [1] - Sunny Optical Technology (02382) reported July mobile lens shipments of approximately 98.565 million units, a 3.7% increase month-on-month but a 14.6% decrease year-on-year [1] - Longfor Group (00960) achieved a total contract sales amount of RMB 41.01 billion in the first seven months [1] - New天绿色能源 (00956) completed a power generation volume of approximately 9.0944 million MWh in the first seven months, an increase of 9.57% year-on-year [1] - GAC Group (02238) reported July automobile sales of 119,500 units, a year-on-year decrease of 15.38% [1] - Shimao Group (00813) achieved a total contract sales amount of approximately RMB 15.51 billion in the first seven months [1]

Core Viewpoint - The company has entered into a strategic cooperation agreement with Yufan Intelligent Technology Co., Ltd. to enhance AI integration and robotics applications in property management, aiming for operational efficiency and improved service experiences [1][2] Group 1: Strategic Cooperation - The company’s subsidiary, Hangzhou Binjiang Property Management Co., Ltd., has signed a strategic cooperation agreement with Yufan Intelligent on August 10, 2025 [1] - The partnership will focus on AI development and robotics applications in property management, including R&D, product trials, and market promotion [1] Group 2: Application Goals - Operational efficiency will be improved by using AI to replace repetitive manual processes, reducing error rates and increasing response speed; drones and robots will be utilized for automatic fault detection [1] - Energy consumption management will be enhanced through the upgrade of lighting and air conditioning systems, with AI analyzing energy data for automatic adjustments [1] - Service experience will be upgraded by establishing seamless access and intelligent assistants, alleviating manual workload, and providing personalized service plans [1] - Robotics will be applied in end-of-park delivery, deep cleaning, and efficient waste collection services [1] Group 3: Long-term Collaboration - Yufan Intelligent will establish a long-term cooperation mechanism with the company, continuously investing in R&D for self-developed and co-developed solutions and products [2] - The collaboration aims to ensure priority application of new products and technologies within the company, enhancing functionality for commercial promotion and industry leadership [2]

Core Insights - Binhai Service (03316.HK) has entered into a strategic cooperation agreement with Yupan Intelligent to enhance AI and robotics applications in property management [1][2] Group 1: Strategic Cooperation - The partnership aims to develop AI solutions and promote market commercialization in the property AI sector [1] - Yupan Intelligent will ensure priority application of new products and technologies within the group, focusing on continuous R&D investment [2] Group 2: Application Goals - Operational efficiency will be improved by using AI to replace repetitive manual processes, reducing error rates and increasing response speed [1] - Energy consumption management will be enhanced through the upgrade of lighting and HVAC systems, with AI analyzing energy data for automatic adjustments [1] - Service experience will be upgraded by establishing seamless access and intelligent assistants, alleviating manual workload and enhancing safety and convenience for property owners [1] - Robotics will be applied in end-of-park delivery, deep cleaning, and efficient waste collection services [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 Binjiang Service Group Co. Ltd. 濱江服務集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：3316） 自願性公告 戰略合作協議 本公告由濱江服務集團有限公司（「本公司」，連同其附屬公司統稱「本集團」） 自願刊發，旨在向本公司股東及有意投資者提供有關本集團業務發展的最新 資料。 訂約方資料 本集團是中國知名的專注高端物業的物業管理服務提供商。秉承「業主第一、 服務第一、質量第一」的企業宗旨與「從心出發，讓愛回家」的服務理念，致力 於成為「物業行業品牌領跑者，高端服務品質標準制訂者」。 – 2 – 戰略合作協議 本公司董事（「董事」）會（「董事會」）欣然宣佈，本公司下屬全資子公司杭州濱 江物業管理有限公司（「濱江物業」）與杭州宇泛智能科技股份有限公司（「宇泛 智能」）於2025年8月10日訂立戰略合作協議（「戰略合作協議」）。 本集團與宇泛智能將在AI智能化發展及機 ...

Investment Rating - The report maintains an "Accumulate" rating for the company with a target price of RMB 6.55 [8][6]. Core Views - The company reported H1 2025 revenue of RMB 4.81 billion, a year-over-year decrease of 7.3%, while net profit attributable to shareholders was RMB 280 million, an increase of 5.3% year-over-year [1]. - Despite short-term revenue pressure due to store structure optimization, the company's profitability is steadily improving, and its medium to long-term development potential is noteworthy [1][6]. - The company is focusing on enhancing operational efficiency and resilience through channel restructuring and efficiency improvements [1][2]. Summary by Sections Revenue and Profitability - In Q2 2025, the company achieved revenue of RMB 2.33 billion, down 7.4% year-over-year, with net profit attributable to shareholders reaching RMB 120 million, up 20.3% year-over-year [1][2]. - The gross margin in Q2 improved by 2.4 percentage points to 30.5%, likely due to product mix optimization [3]. Market Strategy - The company is strengthening its presence in lower-tier markets by preparing distribution centers in southern Sichuan cities to offer high-cost performance products and services [2][5]. - The company is actively developing its own brand, "Hongqi Preferred," to enhance brand image through high-quality, low-cost products [4]. Technological Integration - The company is exploring AI applications across its supply chain, inventory management, logistics, and store operations to improve efficiency [4]. - The integration of online and offline sales channels is being emphasized, utilizing frequent live broadcasts on platforms like Douyin to drive online exposure and conversion [5]. Financial Forecast - Revenue forecasts for 2025-2027 have been adjusted downwards by 8.1% each year, with expected net profits of RMB 550 million, RMB 600 million, and RMB 610 million respectively [6]. - The report anticipates continued improvement in gross margin and operating expense ratios due to ongoing management optimization [6].

Investment Rating - The investment rating for the company is "Outperform the Market" [5] Core Views - The company's revenue continues to show a good growth trend, with H1 2025 revenue reaching 2.83 billion (+9.4%) and net profit attributable to shareholders at 300 million (+7.4%) [1] - The growth in camera revenue has accelerated, with smart home products maintaining strong growth, particularly smart home income which grew by 33.0% to 440 million [1] - The cloud platform business also maintained good growth, with H1 revenue increasing by 12.2% to 550 million, outperforming the overall company growth [2] - The company has adjusted its profit forecast downwards but maintains a positive outlook due to strong growth in smart home products and cloud services benefiting from AI trends [3] Summary by Sections Financial Performance - In H1 2025, the company achieved a revenue of 2.83 billion, with a Q2 revenue of 1.45 billion (+7.5%) and a net profit of 160 million (+5.0%) [1] - The gross margin improved by 0.2 percentage points to 43.6% in H1, with Q2 gross margin at 44.6% [3] - The company expects net profit for 2025-2027 to be 580 million, 690 million, and 810 million respectively, with growth rates of 15%, 19%, and 17% [3] Revenue Breakdown - Camera revenue grew by 7.2% to 1.55 billion, while smart home income surged by 33.0% to 440 million [1] - Cloud platform revenue increased by 12.2% to 550 million, with contract liabilities from cloud services growing by 56.9% to 450 million [2] - Overseas revenue saw a significant increase of 25.4% to 1.06 billion, accounting for 38% of total revenue [2] Cost and Expenses - The company has increased its marketing and e-commerce investments, leading to a rise in sales expense ratio [3] - The management expense ratio increased due to depreciation and amortization costs [3] Future Outlook - The company is expected to benefit from the AI trend, with a strong growth outlook for its cloud platform and smart home products [3] - The adjusted profit forecast reflects a more aggressive marketing strategy and the deferred revenue recognition from cloud services [3]