Group 1: Event Overview - The 9th Silk Road International Expo and China East-West Cooperation and Investment Trade Fair was held in Xi'an from May 21 to 25, featuring over 50 enterprises from Jiangsu across six major industry sectors [1] - The event showcased innovations in IoT, digital economy, future technology, biomedicine, new energy, new materials, high-end equipment manufacturing, and integrated circuits [1] Group 2: Technological Innovations - Jiangsu Fangzhi Cloud Technology Co., Ltd. introduced an AI platform for home textile design, enabling rapid visualization of products and improving production efficiency, with over 500 enterprises already onboard [2] - Nanjing Daywing Aviation Technology Co., Ltd. presented drone technology for low-altitude economy, emphasizing the need for standardized management in various industries [3] - Jiangsu Wujie Exploration Technology Co., Ltd. showcased humanoid robots with advanced sensor data fusion technology, while Jiangyin Mingrui Environmental Technology Co., Ltd. developed a smart hazardous waste management system using IoT and blockchain [3] Group 3: Consumer Products and Services - Jiangsu Laineng Technology Co., Ltd. displayed a solar-powered electric bike, highlighting its eco-friendly features and international market reach, exporting to over 20 countries [4] - Jiangsu Wurun Ship Network Co., Ltd. introduced an AI digital assistant for various service sectors, enhancing user interaction and information accessibility [4] Group 4: Legal Technology - Nanjing Tongda Hai Technology Co., Ltd. launched a legal AI model aimed at improving efficiency in judicial processes, already implemented in several intermediate courts [5][6] Group 5: Cultural and Tourism Innovations - Wuxi Shimeile Digital Technology Co., Ltd. focused on projection technology for cultural tourism, aiming to enhance visitor experiences without physical alterations to historical sites [7] - Nanjing Niushou Mountain Cultural Creative Development Co., Ltd. presented an AR smart guide project, utilizing digital technologies to enrich the cultural experience for visitors [7]

回购注销完成后，公司总股本将由262,673,500股减少至262,633,500股，注册资本由人民币262,673,500元 减少至人民币262,633,500元。 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资建议。受限于第三方数据库质量等问题，我们无法对数据的真实性及完整性进行分辨或核验， 因此本文内容可能出现不准确、不完整、误导性的内容或信息，具体以公司公告为准。如有疑问，请联 系biz@staff.sina.com.cn。 由于本次回购注销限制性股票将导致注册资本减少，依据相关法律法规，公司债权人自接到通知起30日 内、未接到通知者自公告披露之日起45日内，有权要求公司清偿债务或提供相应担保。 债权申报所需材料法人：需携带法人营业执照副本原件及复印件、法定代表人身份证明文件；委托他人 申报的，还需法定代表人授权委托书和代理人有效身份证的原件及复印件。自然人：需携带有效身份证 的原件及复印件；委托他人申报的，还需授权委托书和代理人有效身份证件的原件及复印件 ...

在位于江苏南通海门区的中国叠石桥国际家纺城，一家卧室用品公司是外贸型家纺企业的典型代表。该 公司超九成业务布局海外，美国市场订单占比高达70%至80%。随着中美关税政策调整，企业迎来转 机。 江苏某卧室用品有限公司行政主管 范佳丽：这几天，我们的一些销售陆续跟客户沟通，看后续我们这 些货到底怎么发，有一些新订单正在洽谈、恢复。 （央视财经《天下财经》）家纺产业是江苏南通的传统产业，年交易额达2500亿元。近期，在中美贸易 形势变化下，南通家纺产业美国订单逐渐恢复，同时，企业也在积极拓展海外市场，探索多元化发展路 径。 为推动家纺产业与跨境电商深度融合，近年来，南通成立叠石桥跨境电商产业中心，为中小企业提供出 海支持。海外仓作为跨境电商的重要基础设施，目前南通已建成覆盖欧美、"一带一路"沿线等18个国家 和地区的31个海外仓，其中省级公共海外仓7家。 转载请注明央视财经 编辑：王昕宇 江苏南通某家纺有限公司总经理 施燕华：我们这边最直观的就是运费下调。以前比如我们5元的运费， 上涨到12元，之后又调回现在7元左右，运费的调整对我们成本控制是非常有利的。 印度客商 布莱迪：这里很好的，可以看到新的产品，还有很多供 ...

家纺产业是江苏南通的传统产业、特色产业，年交易额达2500亿元。在中美关税政策调整之后，南通家 纺产业赴美订单逐渐恢复。 家纺赴美订单回暖 开拓多元海外市场 在位于江苏南通市海门区的中国叠石桥国际家纺城的这家外贸型家纺企业，九成业务布局海外，美国市 场订单占比高达70%至80%。据这家企业负责人介绍，之前因为高关税，企业一度暂停发货。而在中美 关税政策调整的第二天，就有不少美国客户发来邮件，纷纷要求继续出货，现在美国客户数量基本没有 少，还新接到一个美国大客户的订单。 一方面，企业借势开拓海外市场；另一方面，随着夏季消费旺季到来，江苏南通的家纺市场热度攀升， 订货会销售火爆。当地借助跨境电商为南通家纺中小企业走向海外搭建桥梁。 前几天，由20家中小企业合办的夏季家纺订货会圆满结束。此次订货会吸引了全国各地的1000多家客商 参与，仅3天时间，销售额就超过往年，突破4亿元。 现场订货会火爆，网上电商销售、特别是跨境电商销售也有所提升。为推动家纺产业与跨境电商深度融 合，近年来，南通成立了叠石桥跨境电商产业中心，为中小企业提供出海支持。海外仓是跨境电商的重 要基础设施，目前南通已建成覆盖欧美和"一带一路"共建国家 ...

变化。 证券代码：002293 证券简称：罗莱生活 公告编号：2025-026 罗莱生活科技股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或者重大遗漏。 一、股东会审议通过的权益分派方案情况 已获2025年5月15日召开的公司2024年年度股东会审议通过，分派方案的具体内 容为：以现有总股本834,092,481股为基数，向全体股东按每10股派发现金红利 本。如在公司2024年年度利润分配预案披露之日起至实施权益分派股权登记日期 间，因回购股份、股权激励授予、股权激励对象行权、重大资产重组、股份回购 注销等致使公司总股本发生变动的，公司将按照分配比例不变的原则，相应调整 分红总额。 二、权益分派方案 本公司2024年年度权益分派方案为：以公司现有总股本834,092,481股为基 数，向全体股东每10股派4.000000元人民币现金（含税；扣税后，通过深股通持 有股份的香港市场投资者、境外机构（含QFII、RQFII）以及持有首发前限售股 的个人和证券投资基金每10股派3.600000元；持有首发后限售股、股权激励限售 股及无限售流通股的个人股息红利税实行差 ...

Group 1: Industry Insights - The home textile industry is benefiting from a 15% national subsidy on top of the 618 promotional discounts, which can be combined for consumer savings [1] - The national subsidy policy for home textiles is currently limited in scope, with only a few provinces participating, indicating potential for expansion [1][2] - The home textile sector is expected to improve sales due to the stabilization of the real estate market and supportive subsidy policies [1] Group 2: Brand Performance - Mercury Home Textile shows significant advantages on Douyin, with three products eligible for national subsidies across all ten surveyed cities [2] - Fuanna has a competitive edge on JD.com, while Luolai maintains a balanced distribution of national subsidies across various platforms and cities [2] - The current national subsidy policy primarily focuses on bedding sets, with limited coverage for popular products like memory foam pillows [2] Group 3: Market Trends - In April, U.S. apparel retail sales grew by 3.6% year-on-year, but the growth rate has slowed compared to March [3] - The Consumer Price Index (CPI) for apparel in the U.S. decreased by 0.7% in April, contrasting with a 0.3% increase in March, indicating a slight cooling in consumer demand [3]

Core Viewpoint - Jiangsu's foreign trade has shown resilience and growth despite external challenges, with a total import and export value of 1.85 trillion yuan in the first four months of the year, marking a 5.7% increase year-on-year, and a 10.3% increase in exports [1][17]. Group 1: Trade Performance - In the first four months of 2023, Jiangsu's total goods trade value reached 1.85 trillion yuan, reflecting a year-on-year growth of 5.7% [1]. - Exports from Jiangsu increased by 10.3% during the same period, indicating a robust performance amidst external pressures [1]. Group 2: Business Adaptation - Many foreign trade companies in Jiangsu are ramping up production and fulfilling orders as trade with the U.S. resumes [3]. - Jiangsu Huaten Personal Care Products Co. has received new orders from U.S. clients, signaling a recovery in trade relationships [5]. - Companies are diversifying their markets and integrating digital marketing strategies to navigate uncertainties [7]. Group 3: Government Support - The Jiangsu government has implemented supportive policies to assist businesses, including the establishment of foreign trade work teams to address companies' needs [13]. - A cross-border e-commerce service platform has been developed to provide comprehensive support for companies looking to expand internationally [15]. Group 4: Market Opportunities - Jiangsu's cross-border e-commerce platforms saw a 63.8% year-on-year increase in imports and exports from January to April [11]. - Trade fairs and events have been organized to connect businesses with potential partners, resulting in significant order signings, such as over 400 million yuan at a recent home textile product fair [11].

Investment Rating - The report indicates a positive outlook for the maternal and infant industry, driven by supportive policies and expected growth in consumer spending [4][6]. Core Insights - The report emphasizes the transition of China's fertility policy towards comprehensive support for childbirth, which is expected to enhance consumer confidence and spending in the maternal and infant sector [4][17]. - The maternal and infant market has shown resilience, with a compound annual growth rate (CAGR) exceeding 15% from 2018 to 2024, despite a decline in birth rates [6][32]. - The rise of domestic brands in the maternal and infant sector is notable, with significant market share gains in various sub-sectors [6][37]. Summary by Sections 1. Policy Promotion of Fertility - China's fertility policy has evolved from encouraging childbirth to comprehensive support, with various measures being implemented to boost birth rates [4][10]. - The government is focusing on creating a "fertility-friendly" society, with financial incentives and support services being rolled out across different regions [17][18]. 2. Market Growth and Consumer Trends - Despite a decline in newborn numbers, the maternal and infant market is experiencing growth due to consumption upgrades and the diversification of product offerings [6][32]. - The market size is projected to reach approximately 762.99 billion yuan by 2024, reflecting a year-on-year growth of 15% [31]. 3. Beneficiary Industries and Companies - Various sectors are expected to benefit from the growth in the maternal and infant market, including pharmaceuticals, food and beverage, apparel, and household goods [6][41]. - Key companies highlighted include: - Pharmaceuticals: Jinxin Reproductive, LIZHU Group, and BGI Genomics [6][41]. - Dairy: Yili Group and China Feihe [6][42]. - Apparel: Semir and Anta [6][49]. - Household goods: Bear Electric [6][61]. 4. Competitive Landscape - The report notes an improvement in the competitive landscape, with domestic brands gaining market share across various segments, including infant formula and baby care products [6][37]. - The concentration ratio (CR10) for domestic brands has significantly increased, indicating a shift in market dynamics favoring local players [6][37].

Financial Performance - In 2024, the company's net profit attributable to shareholders was ¥432,847,009.53, with main business revenue of ¥4,514,279,130.85 and other business revenue of ¥44,961,007.98 [2] - For Q1 2025, the net profit attributable to shareholders was ¥113,038,129.53, with operating revenue of ¥1,093,994,770.04 [2] - In 2024, the overall operating revenue decreased by 14.22% to ¥45.59 billion, and net profit decreased by 24.39% to ¥4.33 billion [10] Market Expansion and Strategy - The company is focusing on global market expansion, particularly through cross-border e-commerce to seek new growth points [2] - In 2024, the company launched the "zero-pressure deep sleep pillow," which received positive feedback and increased brand exposure [3] - The company plans to enhance brand value and market share through digital media investment and optimizing membership operations [4] Product Innovation and R&D - The company emphasizes R&D innovation centered on user needs, focusing on the "super soft bedding" strategy to build core competitiveness [4] - AI applications have been explored in various areas, achieving significant results, such as over a million automated consumer consultations [10] - The company plans to continue investing in AI technology to enhance operational efficiency and product management [10] Supply Chain and Production Efficiency - The completion of the first phase of the smart industrial park is expected to double self-manufacturing capacity and significantly shorten production cycles [9] - The introduction of automated logistics equipment will enhance supply chain efficiency and reduce labor costs [9] - The company aims to improve overall supply chain scale and efficiency, solidifying its leading position in the home textile industry [9] Domestic Retail Strategy - The company is implementing refined management and model transformation in domestic retail, focusing on data-driven decision-making [5] - Strategies include enhancing support for franchisees, optimizing channel layout, and deepening consumer insights to improve user experience [5] - The company plans to increase digital investment to enhance competitiveness and expand new retail applications [5] Challenges and Future Outlook - The home textile industry is in a stable development phase, with market growth rates slowing down but still showing potential [6] - The company faces challenges from external uncertainties, but long-term economic stability and supportive policies are expected to benefit the industry [7] - The U.S. furniture business reported a loss of ¥28.71 million in 2024, primarily due to low real estate demand, with plans to improve cost control and market expansion [8]

Financial Performance - In 2024, the company achieved operating revenue of 4.193 billion yuan, a year-on-year decrease of 0.42% [1] - The net profit attributable to shareholders was 367 million yuan, down 3.28% year-on-year [1] - The net profit after deducting non-recurring items was 333 million yuan, an increase of 1.77% year-on-year [1] - For Q1 2025, the company reported operating revenue of 926 million yuan, a year-on-year increase of 1.20% [1] - The net profit attributable to shareholders for Q1 2025 was 90 million yuan, a decrease of 3.79% year-on-year [1] - The net profit after deducting non-recurring items for Q1 2025 was 76 million yuan, down 9.84% year-on-year [1] - The basic earnings per share for 2024 was 1.40 yuan, compared to 1.44 yuan in the previous year [1] Profitability Metrics - The gross margin for 2024 was 41.40%, an increase of 1.36 percentage points year-on-year [1] - The operating expense ratio for 2024 was 30.69%, an increase of 0.89 percentage points year-on-year [1] - The net profit margin for 2024 was 8.74%, a decrease of 0.26 percentage points year-on-year [1] E-commerce Growth - The company has maintained a leading position in e-commerce since entering the sector in 2008, achieving full coverage across major online sales channels [2] - In 2024, the e-commerce business achieved a gross margin of 42.96%, an increase of 3.19% year-on-year [2] - The company has developed a personal IP for its chairman, enhancing brand recognition and influence in the industry [2] Industry Trends - The home textile industry is entering a phase of high-quality development, driven by increased consumer willingness to spend on health, smart home, and experiential consumption [2] - The Chinese government has initiated measures to support the replacement of old consumer goods, which is expected to boost sales in the home textile sector [3] - Starting from late October 2024, home textile products will be included in consumption subsidy programs in regions like Shanghai and Jiangsu, enhancing consumer confidence [3] Investment Outlook - The company is a key player in the modern home textile industry in China, with high brand recognition and market acceptance [3] - The company focuses on the research, design, production, and sales of home textile products, reinforcing its core product advantages [3] - EPS forecasts for 2025-2027 are 1.48 yuan, 1.56 yuan, and 1.65 yuan, with corresponding PE ratios of 11.1X, 10.6X, and 10.0X [3]