PERFECT GROUP CORP.,LTD （江苏省扬州市杭集工业园） 倍加洁集团股份有限公司 为了维护全体股东的合法权益，确保股东会的正常秩序和议事效率，保证股 东会的顺利进行，根据《中华人民共和国公司法》、《中华人民共和国证券法》、 《上市公司股东会规则》以及《倍加洁集团股份有限公司章程》等相关规定，倍 加洁集团股份有限公司（以下简称"公司"）特制定本次股东会会议须知，请出 席股东会的全体人员自觉遵守。 请出席会议的股东或股东代理人（以下统称"股东"）及相关人员准时到达会场 签到确认参会资格。股东在参会登记时间内没有通过传真或信函方式登记的，不 在签到表上登记签到的，或会议正式开始后没有统计在会议公布表决权数量之内 的股东，不得参加表决。 倍加洁集团股份有限公司 选择现场投票或网络投票中的一种表决方式，不能重复投票。股东可以在网络投 票时间内通过上海证券交易所的交易系统行使表决权。同一股份通过现场方式和 网络方式重复进行投票的，以第一次投票结果为准。出席本次现场会议的股东， 若已进行会议登记并领取表决票，但未进行投票表决，则视为该股东自动放弃表 决权利，其所持有的表决权在统计表决结果时作弃权处理。 律 ...

24&25Q1 消费板块综述：新消费方向崛起 [Table_Industry] 轻工制造 [Table_ReportDate] 2025 年 05 月 16 日 证券研究报告 行业研究 [Table_ReportType] 行业专题研究（普通） | [Table_StockAndRank] 轻工制造 | | | --- | --- | | 投资评级 | 看好 | | 上次评级 | 看好 | 豪悦护理主业稳健，下游客户份额提升，生育政策刺激推动代工订单改善， 24Q4/25Q1 收入同比+30%/+42%、归母净利润-28%/+6%，后续公司依 托自身生产制造优势及资源支持，有望推动洁婷逐步完成品牌焕新。 [Table_Author] 姜文镪 新消费行业首席分析师 执业编号：S1500524120004 邮 箱： jiangwenqiang@cindasc.com 信达证券股份有限公司 CINDA SECURITIES CO.,LTD 北京市西城区宣武门西大街甲127号金隅大厦 B座 邮编：100031 [Table_Title] 24&25Q1 消费板块综述：新消费方向崛起 [Table_ReportDate ...

据了解，当前温江正锚定"幸福温江·美好之城"奋斗目标，深入实施"立园满园"行动，系统重塑"四大战 区"经济地理，提质营建"温江效率""温馨服务"营商品牌，加快构建"3+6"现代化产业体系，以产业园区 高质量发展引领带动区域高质量发展。 （文章来源：每日经济新闻） 现场举行了项目集中签约仪式，共计11个项目签约，总投资108亿元，重点覆盖医药健康、装备制造、 现代都市农业、现代商务等产业领域。其中，安徽鹿妈妈口腔护理产品销售结算及生产中心项目将为口 腔清洁提供一站式解决方案；弱水科技声学研发销售总部项目将打造集电子声学研发、全球电商营销、 产品展示体验为一体的综合性声学研发销售总部；凤栖里·九巷商业综合体项目将打造集购物、休闲、 娱乐等多元体验为一体的城市活力空间。 为扩大招商引资的"朋友圈"，充分发挥"招商大使"的桥梁纽带作用，温江区向旭辉集团副总裁、旭辉华 西区域总裁林祝波等13名代表颁发了招商大使聘书。温江区相关负责人表示，真诚希望各位招商大使、 企业家朋友全方位宣传推介温江"四大战区"的发展机遇、投资机会和产业政策，把更多的优质企业、高 端人才、先进技术引荐到温江，携手开创互利共赢、彼此成就的新局面。 ...

Core Viewpoint - Tongce Medical, a leading player in the dental medical service sector in A-shares, reported a nearly stagnant growth in total revenue and net profit for 2024, facing challenges from both the impact of dental implant centralized procurement policies and weak consumer demand, resulting in a significant decline in market valuation from its peak [1][2]. Financial Performance - In 2024, Tongce Medical achieved total revenue of 2.874 billion yuan, a slight increase of 0.96% year-on-year; net profit attributable to shareholders was 501 million yuan, with a minimal growth of 0.20% [2]. - The company's gross margin and net margin decreased to 39% and 19.91%, respectively, down from 46% and 28.27% in 2021, indicating a substantial reduction in profitability [2]. Business Segments - The dental implant business saw revenue of 530 million yuan, a year-on-year increase of 10.60%, benefiting from a strategy of "increasing volume to compensate for price" despite ongoing concerns about profit margin compression [3]. - The orthodontics segment experienced a revenue decline of 5.05% to 474 million yuan, marking three consecutive years of negative growth, attributed to consumer downgrade and intensified industry competition [3]. - Other business segments contributed 28.01% of total revenue, but growth slowed significantly from 8.34% in 2023 to just 1.27% in 2024, with pediatric and restoration services also showing insufficient growth [3]. Market Expansion Strategy - Tongce Medical has historically relied on the Zhejiang provincial market, which accounts for nearly 90% of its revenue, but performance in core hospitals has been weak, with notable declines in revenue and net profit in several key locations [4]. - The company has shifted its expansion strategy from aggressive growth to a model focused on "mergers and acquisitions + light asset franchising," with a recent example being the acquisition of a 56.28% stake in a dental hospital in Hunan, although the hospital's net profit fell short of expectations [4]. Conclusion - The year 2024 represents a period of struggle in the existing market while exploring new growth avenues for Tongce Medical. Although the implant business is currently driving growth, the profit ceiling under centralized procurement is evident, and the orthodontics segment continues to decline. The effectiveness of the new expansion model remains to be seen, and how the company reconstructs its growth logic in this new cycle will be crucial for regaining favor in the capital market [5].

Group 1 - The core viewpoint of the articles highlights the advancements in community dental services in Minhang District, Shanghai, showcasing a comprehensive approach to improving oral healthcare through standardized dental clinics and training programs for dental professionals [1][2][3] - Minhang District has achieved full coverage of standardized community dental clinics across 14 community health service centers, enhancing the accessibility and quality of dental care for local residents [1] - The community dental visit rate among residents increased from 33.1% in 2022 to 41.8% in 2024, indicating a growing preference for local dental services over larger hospitals [2] Group 2 - A three-dimensional talent training system has been established in Minhang District, incorporating rotation training, competitions, and resource allocation to enhance the skills of healthcare professionals [2] - The introduction of a full lifecycle oral health service system aims to integrate prevention, treatment, and health goals, creating a new model of medical and preventive care [3] - The innovative "nursing-diagnosis" seamless connection model at Huacao Community Health Service Center allows specialized nurses to provide emergency care and health guidance, addressing the challenges faced by working individuals in accessing dental care [3]

本报讯(记者黄泽文许海燕)"今早刚和美国客户开完视频会议，前阵子积压的150万美元库存终于松动， 即将发货。此外，客户还追加了200多万美元的新订单。订单翻倍，生产线火力全开，争取在90天内赶 出6个月的货发到美国。"5月13日，《中美日内瓦经贸会谈联合声明》发布的第二天一早，江苏三笑集 团执行总经理王敏就迫不及待地向记者分享这个好消息。 面对"关税战"的风云变幻，三笑集团拓市场与修内功并行：不断摸透客户需求、与国际接轨，在牙刷包 装的可再生、可降解方面进行针对性研发；凭借自主品牌的加持和产品创新，如今集团既拥有亲民 的"大众线"，也走上了科技赋能的"高端路"。 政府真金白银的支持，也为企业渡过难关增强了信心。令王敏印象深刻的是，今年广交会上国外客商更 多了，摊位费减免一半，也给企业实实在在减负。 杭集镇另一家龙头企业两面针（600249）(江苏)实业有限公司主营酒店用品和口腔个护产品，去年仅小 牙膏的产量就达到近20亿只，是全球最大的小牙膏生产基地。 "关税摩擦对外贸企业来说是不可控风险，但我们仍要将确定性握在手中。"两面针(江苏)实业有限公司 外贸总监陈远兴对未来充满信心。他表示，公司正在扩建智能化工厂， ...

1 、 《 跨境旅游 消费升级催生结构性机会 》摘要 ■ 此次出口热潮的背后有两个关键动因：一是此前积压的大量因高关税推迟发运的货物（以塑料制 品、小家电、纺织品等为主）等待释放，二是企业预判未来政策仍存波动性，倾向于在90天内抢占 低税窗口完成交付或补库存。 ■ 从供给侧看，此前出于对中美贸易摩擦的谨慎预期，不少船公司已经削减对美航线的运力配置，并 将部分舱位和集装箱转投更具确定性的东南亚、欧洲航线。 ■ 从5月9日的上海航运交易所数据看，美西、美东航线运价已经分别上涨3.3%、1.6%，预计未来几 周将进一步上行。 ■ 海运相关企业（如集装箱航运、港口运营、货代平台）将直接受益这一波"抢出口"所带来的舱位周 转率提升与议价能力增强。 ■ 从出口企业角度看，本轮"爆舱"既是政策预期扭转带来的市场情绪释放，也反映出中美贸易结构对 外部变量的高度敏感。 ■ 诸如双马塑业、长三角工厂等中小出口商普遍反馈：在90天关税优惠窗口下，美国客户订单快速重 启，付款与排单动作明显加快。 3、 《 国产口腔医疗替代加速推进，高值耗材迎黄金窗口 》摘要 ■ 行业正向"高效+安全+环保"的方向迭代，市场容量虽稳，但结构分化趋势加 ...

2 0 2 5年立春刚过，成都市民林女士在社交媒体发布的一条求助信息，意外揭开了民营口腔连 锁行业淘汰赛的冰山一角。 编 辑丨张伟贤 江佩佩 作 者丨唐唯珂 季媛媛 她发布的聊天记录显示， 自己在"欢悦口腔 " 接受的价值2 . 8万元正畸治疗仅完成疗程的三分 之 一 ， 如 今 门 店 招 牌 已 被 拆 除 ， 负 责 人 电 话 已 停 机 。 这 条 动 态 迅 速 在 网 络 上 引 发 了 广 泛 共 鸣，评论区里充满了诸如"我家孩子补牙费用还拖欠8 0 0 0元未解决"的焦急声音。 这场风暴的中心——成都欢悦口腔，作为西南地区曾经最大的民营口腔连锁品牌之一，见证 了中国口腔连锁行业的快速发展和市场的广阔前景。 工商登记资料显示，该机构成立于2 0 1 5 年，鼎盛时期在成渝两地拥有7家分院，然而在2 0 2 5年3月1 5日， 成都市武侯区卫健局张贴的 公告证实：因拖欠房租超3 0 0万元、供应商货款逾千万元，该院区已进入破产清算程序。 有消费者在社交媒体发帖称，成都大型民营口腔机构欢悦口腔跑路 社交媒体截图 据当地知情人士向2 1世纪经济报道记者透露，目前正由当地卫健委出面协调，寻找其他医疗 ...

Core Viewpoint - The private dental chain industry in China is facing a significant downturn, with many institutions going bankrupt and a sharp decline in high-end clientele spending due to changing consumer behavior and economic pressures [1][2][3][4][5][6]. Industry Overview - The private dental sector has been in decline since two years ago, with over 230 private dental institutions reported to have closed in the first quarter of 2025 alone [2]. - The industry has seen a drastic reduction in revenue, particularly in high-margin services like dental implants and orthodontics, exacerbated by the implementation of centralized procurement policies [2][3]. Financial Performance - Major private dental chains, including well-known brands, are experiencing significant revenue drops, with some reporting declines of up to 38.8% year-on-year [5]. - The average spending of high-net-worth clients has decreased significantly, with a reported 62% drop in visit frequency [4][5]. Market Dynamics - The competitive landscape has intensified, leading to a price war among private dental institutions, which has further strained their financial health [7][9]. - Many institutions are now facing financial difficulties, with asset-liability ratios exceeding 85% and a significant portion of their financing coming from equipment leasing [8][9]. Strategic Responses - In response to the financial pressures, many dental chains are considering closing underperforming locations to improve overall efficiency [7]. - Some smaller dental practices are innovating by adopting digital solutions to enhance operational efficiency and reduce costs, achieving growth despite the overall market downturn [11][12]. Future Outlook - The industry is at a critical juncture, with a need for private dental institutions to adapt their strategies, focusing on quality service and patient experience to regain consumer trust [10][13]. - The potential for growth exists in the digitalization of services and targeting underserved markets, such as rural areas, to meet evolving consumer demands [11][13].

Group 1 - The 29th CBE China Beauty Expo opened in Shanghai, attracting over 3200 beauty and personal care enterprises from around the world [1] - The oral care brand "Canban" from Xiaokuo Group showcased its star products including toothpaste, toothbrushes, mouthwash, and oral cleaning tools, drawing significant interest from potential partners [1] - The "Canban" brand introduced a new zeolite toothpaste, marking the first large-scale application of zeolite molecular sieve technology in toothpaste, which has received positive market feedback [1] Group 2 - Xiaokuo Group launched a new hair care brand "Arrow ABOUT FOCUS," aiming to advance the hair care market towards scientific health, fine management, and emotional healing [2] - The founder and CEO of Xiaokuo Group, Yin Kuo, emphasized the rise of domestic brands in the personal care market, which has traditionally been dominated by foreign brands [2] - Xiaokuo Group plans to focus on the personal care sector, particularly in oral care and hair care, to meet new consumer demands and enhance product experiences [2]