融券方面，倍轻松10月9日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元；融 券余量0.00股，融券余额0.00元，超过近一年90%分位水平，处于高位。 资料显示，深圳市倍轻松科技股份有限公司位于广东省深圳市南山区创业路1777号海信南方大厦19楼， 成立日期2000年7月5日，上市日期2021年7月15日，公司主营业务涉及公司是一家专注于健康产品创新 研发的高新技术企业,主要从事智能便携按摩器的设计、研发、生产、销售及服务。主营业务收入构成 为：其他24.24%，肩部22.03%，头部+头皮18.10%，眼部13.08%，腰背部11.99%，颈部10.57%。 截至6月30日，倍轻松股东户数4835.00，较上期增加10.36%；人均流通股17775股，较上期减少9.39%。 2025年1月-6月，倍轻松实现营业收入3.85亿元，同比减少36.22%；归母净利润-3611.47万元，同比减少 238.19%。 10月9日，倍轻松涨0.87%，成交额1700.29万元。两融数据显示，当日倍轻松获融资买入额325.44万 元，融资偿还269.73万元，融资净买入55.71万元。截至 ...

9月25日，倍轻松在互动平台向投资者表示，目前公司共计13款产品已进入深圳市民政局公布的2024年 智能居家适老化改造消费提升专项活动参与品牌的产品清单。随着人口老龄化加深，银发经济崛起，老 年人口数量庞大且消费需求不断增长，公司未来将进一步迎合银发经济风潮，打造更多适老化产品。作 为智能便携按摩器细分行业的开创者，倍轻松于2021年7月在上交所挂牌交易。2025年上半年，公司实 现营收3.85亿元，同比下降36.22%；净亏损3611.47万元，亏损同比扩大238.19%。 ...

倍轻松公告，股东汪荞青目前持有481.15万股，占5.6%，计划自本公告披露之日起15个交易日后的2025 年10月14日至2026年1月13日期间，通过集中竞价（含盘后固定价格）方式减持不超过85.95万股，占公 司总股本1%；拟减持股份来源为IPO前取得，减持价格按市场价格确定。 ...

Investment Rating - The investment rating for the company is "Buy" and it is maintained [8] Core Views - The company reported a significant decline in revenue and net profit for the first half of 2025, with revenue down 36.22% year-on-year to 385 million yuan and a net loss of 36 million yuan, a decrease of 238.19% year-on-year [2][5] - Despite the revenue decline, the gross margin improved to 62.63%, up 0.81 percentage points year-on-year, indicating some operational efficiency [11] - The company is focusing on optimizing its product and channel strategies, with new product launches and an enhanced online and offline sales presence [11] Financial Performance Summary - In the first half of 2025, the company achieved total revenue of 385 million yuan, a year-on-year decrease of 36.22%, and a net profit attributable to shareholders of -36 million yuan, down 238.19% [2][5] - For the second quarter alone, revenue was 188 million yuan, down 39.42% year-on-year, with a net profit of -34 million yuan, a decline of 425.76% [2][5] - The gross margin for the first half of 2025 was 62.63%, with a second-quarter gross margin of 64.09%, reflecting a year-on-year increase of 2.42 percentage points [11] Product and Channel Strategy - The company has made advancements in product development, including the launch of a laser hair care massager registered with the FDA and a new model for traditional Chinese medicine constitution identification [11] - The company is expanding its sales channels, having established six "Light Relaxation" stores nationwide and plans for further expansion [11] - The overseas sales strategy includes partnerships with major e-commerce platforms and the opening of an airport experience store in Singapore [11]

Group 1 - The core viewpoint of the article is that Beike (688793.SH) reported a significant decline in revenue and incurred a net loss in the first half of 2025 [1] Group 2 - The company achieved an operating income of 385 million yuan, representing a year-on-year decrease of 36.22% [1] - The net loss attributable to shareholders of the listed company was 36.11 million yuan [1] - The net loss attributable to shareholders after deducting non-recurring gains and losses was 37.01 million yuan [1] - The basic loss per share was 0.43 yuan [1]

Core Viewpoint - Shenzhen Breo Technology Co., Ltd. reported significant declines in revenue and profit for the first half of 2025, with a focus on innovation and market expansion in the health technology sector. Company Overview and Financial Indicators - The company reported operating income of approximately 384.94 million yuan, a decrease of 36.22% compared to the same period last year [2] - Total profit was reported at -35.13 million yuan, a decline of 226.56% year-on-year [2] - The net profit attributable to shareholders was -36.11 million yuan, down 238.19% from the previous year [2] - The company's net assets decreased by 18.43% to approximately 301.84 million yuan [2] Industry and Main Business Situation - The company operates in the "Computer, Communication and Other Electronic Equipment Manufacturing" industry, focusing on the design, research, production, and sales of smart portable massagers [3][7] - The global market for massage devices is expanding, with significant growth expected in China due to increasing health management needs among the aging population and rising disposable incomes [6][7] Market Trends and Opportunities - Government policies such as "Healthy China 2030" and "14th Five-Year Plan" are promoting the development of smart health electronic products, creating favorable conditions for the industry [5] - The massage device market in China is projected to reach 395 billion yuan by 2029, driven by structural upgrades in consumer demand [6] - The global massage equipment market is expected to grow from 11.17 billion USD in 2024 to 24.83 billion USD by 2032, with a CAGR of 10.50% [6] Business Model and Innovation - The company has adopted a "technology product + rapid massage" model, enhancing customer experience and brand loyalty [12][13] - New product launches include innovative solutions such as laser hair care massagers and sleep improvement systems, integrating AI and traditional Chinese medicine [9][11] - The company has established a comprehensive sales network, combining online and offline channels to enhance market reach and consumer engagement [14][22] International Expansion - The company is expanding its international presence through e-commerce platforms like Amazon and TikTok, and has opened its first overseas experience store in Singapore [17][18] - A localized operational strategy is being implemented to adapt to market demands in Southeast Asia, with plans to replicate successful models in neighboring countries [18]

Core Viewpoint - The company reported a significant decline in revenue and a shift from profit to loss in the first half of 2025, indicating potential challenges in its business operations [1] Financial Performance - The company achieved an operating revenue of 385 million yuan in the first half of 2025, representing a year-on-year decrease of 36.22% [1] - The net profit attributable to the parent company was -36.11 million yuan, compared to a profit of 26.13 million yuan in the same period last year, marking a shift from profit to loss [1] - The basic earnings per share were -0.43 yuan [1] Store Expansion - As of the end of the reporting period, the company had established a total of 125 directly-operated stores globally [1]

Core Viewpoint - The company has revised its internal audit system to enhance the quality of internal audits, clarify the responsibilities of audit institutions and personnel, and strengthen management to protect the rights of shareholders [1]. Group 1: Internal Audit Definition and Purpose - Internal audit is defined as an independent and objective evaluation activity conducted by internal personnel to assess the effectiveness of internal controls, the authenticity and completeness of financial information, and the efficiency of operations [1]. - The internal control aims to ensure legal compliance in management, asset security, accurate financial reporting, and improved operational efficiency [1]. Group 2: Audit Department Structure - The company has established an audit department responsible for internal audit work, reporting directly to the board of directors and the audit committee [2]. - The audit department must operate independently from the finance department and should not be influenced by other departments or individuals [2][3]. - The audit department is required to have at least two dedicated audit personnel with necessary auditing knowledge and experience in finance and management [2]. Group 3: Responsibilities of the Audit Department - The audit department is tasked with auditing the legality, compliance, authenticity, and completeness of financial data and economic activities across the company and its subsidiaries [4]. - It is responsible for establishing a fraud prevention mechanism and focusing on potential fraud during audits [4]. - The audit department must report to the audit committee at least quarterly, detailing the execution of the audit plan and any issues discovered [5]. Group 4: Audit Procedures and Reporting - The audit department must create an annual internal audit work plan, which requires approval from the audit committee before implementation [9]. - Auditors must notify the audited units three days prior to the audit and can use various methods to gather evidence [10]. - After completing the audit, the department must issue a report that includes the audit purpose, scope, conclusions, and recommendations [11]. Group 5: Rights and Responsibilities of Audited Units - Audited units are required to cooperate with auditors by providing complete audit materials and must not obstruct the audit process [17]. - They have the right to report any misconduct by auditors to company leadership [17]. Group 6: Management of Audit Archives - The internal audit department must establish a work paper system and manage audit archives, including audit reports and evidence collected during audits [30]. - Audit archives are considered company secrets and require approval for access [14]. Group 7: Penalties for Non-compliance - Individuals responsible for significant losses due to violations of financial regulations may face disciplinary actions or legal consequences [16]. - Units that refuse to comply with audit requests may be subject to corrective actions and potential penalties from the board [16].

General Provisions - The purpose of the guidelines is to standardize the behavior of the management personnel of Shenzhen Beiqing Technology Co., Ltd., ensuring the protection of the legal rights of the company, shareholders, and creditors [1][2] - The guidelines are binding on the general manager, deputy general manager, and other senior management personnel [2] - The general manager is responsible for the overall control of daily operations and is accountable to the board of directors [2][3] Management Structure - The company has one general manager and may have several deputy general managers [6] - The general manager is nominated by the chairman and appointed or dismissed by the board of directors [6][7] - The term for the general manager and deputy general managers is three years, with the possibility of reappointment [3] Qualifications and Restrictions - The general manager must possess rich economic and management knowledge, strong management capabilities, and relevant industry experience [3] - Individuals with certain disqualifying conditions, such as criminal convictions or bankruptcy responsibilities, are prohibited from serving as senior management [4][5] Powers and Responsibilities - The general manager is responsible for managing the company's operations and reporting to the board [12] - The general manager has the authority to implement board resolutions, draft internal management structures, and propose appointments of senior management [12][13] - The general manager must act in good faith and protect the interests of the company and its shareholders [18] Meeting Procedures - The general manager's office meeting is the highest decision-making body for daily management [22] - Meetings can be regular or temporary, and the general manager has the authority to convene them [22][23] - Meeting records must be kept, including details of attendees, discussions, and decisions made [28] Reporting Obligations - The general manager must report to the board quarterly and on significant events affecting the company [28][29] - Reports must be truthful and complete, with the general manager held accountable for their accuracy [31] Performance Evaluation and Penalties - The performance evaluation and compensation of the general manager and senior management are organized by the board and its compensation committee [33] - Violations of laws or company regulations may result in penalties, including the removal from position or financial compensation to the company [34][38]

Core Viewpoint - The document outlines the decision-making system for related party transactions of Shenzhen Beiqing Technology Co., Ltd, emphasizing the need for legality, necessity, reasonableness, and fairness in such transactions to protect shareholders' rights [1][2]. Group 1: General Principles - The company aims to standardize related party transactions to enhance operational compliance and protect shareholder interests [1]. - Related party transactions must be conducted legally and fairly, ensuring that financial indicators are not manipulated to harm the company's interests [2]. Group 2: Related Party Transactions - Related party transactions include any transactions that may lead to the transfer of resources or obligations between the company and its related parties, as defined by the Shanghai Stock Exchange and the China Securities Regulatory Commission [7]. - Related parties include both legal entities and natural persons that have a significant relationship with the company [8]. Group 3: Decision-Making Procedures - The board of directors must review related party transactions that exceed certain thresholds, such as transactions over 300,000 yuan with natural persons or those exceeding 30 million yuan with legal entities [17][18]. - Transactions involving guarantees must be justified with reasonable commercial logic and disclosed promptly after board approval [19]. Group 4: Reporting and Disclosure - Company directors and senior management must report any related party relationships to the company, ensuring transparency in transactions [5]. - Independent directors must provide prior approval for transactions requiring shareholder meetings, and they may seek external reports for their assessments [25]. Group 5: Implementation and Amendments - The decision-making system will take effect upon approval by the company's shareholders and can be amended with shareholder consent [28][29].