格隆汇12月31日丨孩子王(301078.SZ)公告称，孩子王预计2025年度归属于上市公司股东的净利润为2.75 亿元-3.30亿元，比上年同期增长51.72%-82.06%。扣除非经常性损益后的净利润为2.05亿元-2.50亿元， 同比增长71.12%-108.68%。报告期内，公司推进门店矩阵建设与供应链优化，强化自有品牌和单客经 营，加快加盟扩张，并通过收购丝域生物完善亲子家庭消费生态，推动核心业务稳步增长。 ...

每经AI快讯，12月31日，孩子王（301078）(301078.SZ)公告称，孩子王预计2025年度归属于上市公司 股东的净利润为2.75亿元~3.30亿元，比上年同期增长51.72%~82.06%。扣除非经常性损益后的净利润为 2.05亿元~2.50亿元，同比增长71.12%~108.68%。报告期内，公司推进门店矩阵建设与供应链优化，强 化自有品牌和单客经营，加快加盟扩张，并通过收购丝域生物完善亲子家庭消费生态，推动核心业务稳 步增长。 ...

孩子王公告，预计2025年度净利润为2.75亿元-3.3亿元，同比增长51.72%-82.06%。2025年，公司紧 扣"三扩"战略（即扩品类、扩赛道、扩业态）核心方向，聚焦年度"复购、加盟、同城数字化"三大必赢 之战，统筹推进各项业务实现突破性进展。 ...

孩子王的创始人汪建国曾多次创业，他的职业生涯起步于江苏省商业厅，1998年创立五星电器，2009年 又将目光投向当时的蓝海——母婴市场。实业之外，他还参与创立了知名投资机构云锋基金。 母婴赛道增速放缓后，汪建国提出"扩品类、扩赛道、扩业态"，2023年，斥资约16亿元完成对乐友国际 的全资控股；2025再以16.5亿元将丝域集团纳入麾下。至此，孩子王的自有品牌组合增至15个母婴童品 牌，另拥有2567家门店的头发护理品牌丝域。 孩子王拟A+H上市 2021年登陆A股创业板后，母婴零售龙头孩子王本月向港交所递交招股书，若顺利完成，将实现A+H两 地上市。 孩子王创立于2009年，近年发展迅速。招股书显示，截至2025年9月30日，其拥有1143家亲子家庭门 店，2024年母婴童业务GMV达到138亿元人民币。 布契拉提在上海举办典藏展 继去年威尼斯首展之后，意大利高级珠宝品牌布契拉提在上海带来"凝时之匠-布契拉提典藏展"，呈现 包括150件珠宝和100件银器在内的250件珍品，展期将持续至2026年1月5日。 展览始于"世代传承"展厅，四枚精美蝴蝶胸针分别由布契拉提家族四代成员Mario、Gianmaria、A ...

Group 1: Kidswang's A+H Listing - Kidswang, a leading mother and baby retail brand, has submitted an application for an A+H listing on the Hong Kong Stock Exchange after its debut on the A-share Growth Enterprise Market in 2021 [1][3] - As of September 30, 2025, Kidswang plans to operate 1,143 family-oriented stores, with a projected GMV of 13.8 billion RMB in 2024 [3] - The founder, Wang Jianguo, has expanded the brand's portfolio to 15 mother and baby brands and aims to enhance international presence and brand influence through this IPO [3] Group 2: Red Group's Acquisition of Golden Goose - Red Group has announced the acquisition of a controlling stake in the Italian brand Golden Goose, with Temasek and its subsidiary participating as minority shareholders [4][6] - Golden Goose, known for its distressed style sneakers priced around 500 USD, reported a revenue of 655 million euros in the 2024 fiscal year, marking a 13% year-on-year increase [6] - The transaction values Golden Goose at over 2.5 billion euros, making it one of the most notable acquisitions of 2025 [6] Group 3: Buccellati's Exhibition in Shanghai - Buccellati, an Italian luxury jewelry brand, is hosting the "Timeless Craftsman - Buccellati Collection Exhibition" in Shanghai, showcasing 250 pieces including 150 jewelry items and 100 silverware pieces [7][9] - The exhibition features various themed spaces that highlight the brand's heritage and craftsmanship, with a focus on family legacy and artistic inspiration [9] Group 4: Chow Tai Fook's New Store in Shanghai - Chow Tai Fook has opened a new flagship store in Shanghai's Hongqiao Henglong Plaza, marking a significant step in its brand transformation [10][12] - The store features a modern design with exclusive products, including new collections that blend traditional elements with contemporary aesthetics [12] - Since initiating its brand transformation in 2024, Chow Tai Fook has focused on enhancing its retail experience through a network of new stores [12]

1)中央经济工作会议定调十五五坚持内需主导，零售业重要性再获提升，叠加2026年超长春节形成拉动 旺季消费，区域头部零售企业Q1有望迎来"开门红"。2)在经历2024-25年的初步探索后，零售企业加快 调改步伐、经营效果已有体现，后续调改思路围绕薪酬机制、供应链、场景(即人、货、场)继续推进。 3)折扣业态、情绪消费崛起，珠宝零售、母婴零售集中度延续提升。 出海景气度依旧高企，跨境电商供给侧改善、产品力突围 1)2025年外贸依旧"有底气、有朝气、有锐气"，跨境电商渗透率仍有翻倍提升空间，虽性价比/质价比逻 辑依旧存在，但头部企业依托产品创新、品牌势能强化有望加速领跑。2)展望2026年，关税成本趋降背 景下多数企业利润率有望修复；税收稽查推动行业合规发展，供给侧优化推动集中度提升。3)美国黑五 揭示AI分发流量逻辑的兴起，跨境B2B企业深挖AI工具创新有望进一步增收。 智通财经APP获悉，东方证券发布研报称，"十五五"开局年零售业成为内需发力重点，渠道调改与情绪 消费助推增长；跨境电商依托产品创新与AI工具强化出海竞争力；美容护理行业以技术突破与全渠道 融合进入新阶段。 东方证券主要观点如下： 十五五开局年 ...

格隆汇12月29日丨孩子王(301078.SZ)在投资者互动平台表示，公司暂未布局托育服务。未来，公司将 密切关注国家及行业政策动态，紧跟国家战略发展战略，把握托育市场发展机会，充分满足新家庭需 求，让每个童年更美好。 ...

每经AI快讯，有投资者在投资者互动平台提问：公司如何看待托育服务立法，公司在托育服务上有什 么布局吗？ 孩子王（301078.SZ）12月29日在投资者互动平台表示，公司暂未布局托育服务。未来，公司将密切关 注国家及行业政策动态，紧跟国家战略发展战略，把握托育市场发展机会，充分满足新家庭需求，让每 个童年更美好。 （记者 王瀚黎） ...

Core Viewpoint - The company aims to transition from being an industry leader to a "chain master enterprise" that integrates research, production, supply, sales, and services, emphasizing collaboration with brand partners and factories to strengthen the industry as a whole [1][4]. Group 1: Company Development - The company was founded in 2009 in Nanjing, entering the maternal and infant consumption sector with a large store that garnered significant attention [3]. - It launched its online shopping mall in 2015, marking the beginning of its online integration [3]. - By 2018, the company was recognized as a "unicorn" with a sales scale exceeding 10 billion, achieving a compound annual growth rate of over 100% for ten consecutive years [3]. - The latest financial report shows a revenue of 7.349 billion for the first three quarters of the year, an increase of 8.10%, and a net profit of 209 million, up 59.29% [3]. Group 2: Strategic Shift - The company is evolving from focusing solely on its own services to empowering the entire ecosystem, indicating a shift in competitive strategy from segment competition to supply chain competition [4][6]. - The company plans to open its data and digital tools to enhance collaboration across the industry, moving from a "push" supply chain to a "pull" supply chain [6][7]. - The introduction of AI decision-making systems for various operational processes signifies a commitment to digital transformation and industry-wide infrastructure development [7]. Group 3: Industry Collaboration - The company is part of a broader initiative in Nanjing to cultivate "chain master enterprises," which are expected to lead and enhance the competitiveness of local industries [4][9]. - Nanjing has developed a plan to support the growth of key industries, with a focus on nurturing chain master enterprises that can drive collective success among smaller firms [9]. - The collaboration with partners like Kimberly-Clark highlights the company's role in the supply chain, contributing to significant growth in production value for its partners [10]. Group 4: Market Position - Nanjing is home to 20 unicorns and 195 nurturing unicorns, indicating a vibrant entrepreneurial ecosystem that supports the company's ambitions [11]. - The company is positioned to lead in the new consumer market for parent-child families, with a projected GMV of 13.8 billion in 2024 [3].

Group 1 - The core viewpoint of the article is that Hainan's customs closure has minimal impact on the company's current operations, while the company aims to leverage the market opportunities presented by the free trade port policy [2] - The company, through its subsidiary, has established offline stores in cities like Haikou and Sanya, indicating a physical presence in the region [2] - The company plans to continuously improve its market layout to fully meet the needs of parent-child families [2]