金发拉比妇婴童用品股份有限公司董事会 2025年11月27日 本公司及董事会全体成员保证公告内容真实、准确和完整，不存在虚假记载、误导性陈述或者重大遗 漏。 金发拉比妇婴童用品股份有限公司（以下简称"公司"）第五届董事会任期即将届满，为顺利完成董事会 的换届选举工作，根据《公司法》、《深圳证券交易所上市公司自律监管指引第1号一一主板上市公司 规范运作》、《公司章程》、《公司董事会议事规则》等有关规定，公司于2025年11月25日在公司会议 室召开了2025年第一次职工代表大会。 经2025年第一次职工代表大会投票表决，决议选举林闻娥女士（简历请详见附件）为公司第六届董事会 职工代表董事。林闻娥女士将与公司后续经股东会决议产生的另外六名董事共同组成公司第六届董事 会，任期至第六届董事会届满之日止。 上述职工代表董事符合《中华人民共和国公司法》等法律法规规定的任职资格和条件。 特此公告 附：《第六届董事会职工代表董事简历》 金发拉比妇婴童用品股份有限公司 第六届董事会职工代表董事简历 林闻娥女士，中国国籍，汉族，1979年9月出生，大专学历，无境外永久居留权。2006年11月入职，历 任公司财务会计、出纳等职，2 ...

天眼查App显示，近日，邢台益澄母婴用品有限公司成立，法定代表人为郑晓状，注册资本5万人民 币，经营范围为一般项目：母婴用品制造；母婴用品销售；母婴生活护理（不含医疗服务）；玩具制 造；玩具销售；家用电器销售；服装服饰零售；照明器具销售；日用杂品销售；化妆品零售；互联网销 售（除销售需要许可的商品）。（除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

Core Viewpoint - The quality inspection results for infant diapers in Fujian Province show a 100% compliance rate across all tested products, indicating strong adherence to safety and quality standards in the market [3]. Group 1: Inspection Results - Fujian Province's market supervision authority conducted a quality inspection of infant diapers, testing 10 batches from 10 different sales enterprises [3]. - All tested products met the standards set by GB 15979-2002 and GB/T 28004.1-2021, covering 21 quality indicators including bacterial counts, pH levels, and heavy metal content [3]. - The inspection results demonstrate a robust quality assurance framework in place for infant diaper products in the region [3]. Group 2: Consumer Guidance - Consumers are advised to check the packaging for integrity and clarity, ensuring it includes essential information such as product name, specifications, production date, and expiration date [4]. - It is important for consumers to select the appropriate size of diapers to avoid discomfort, particularly ensuring that the fit around the legs and waist is not too tight [5]. - High breathability in diaper design is crucial to prevent skin issues, and consumers should ensure proper storage conditions to maintain product quality [5][6].

Financial Data and Key Metrics Changes - Second quarter net sales were $23.7 million, down from $24.5 million in the same quarter of fiscal year 2025, primarily due to a $1.6 million decline in bedding and diaper bag sales, partially offset by an $800,000 increase in sales of bibs, toys, and disposable products [5][6] - Gross profit was $6.6 million, reflecting a margin of 27.7%, compared to 28.4% in the prior year, mainly due to increased tariff costs on products imported from China [5][6] - GAAP net income for the second quarter was $1.2 million, or $0.11 per diluted share, up from $0.08 in the year-ago quarter, driven by reduced marketing and administrative expenses [6][8] Business Line Data and Key Metrics Changes - Sales of bedding and diaper bags decreased significantly, attributed to a reduction in the number of items included in a major retailer's program [5] - Increased sales in bibs, toys, and disposable products were noted across various distribution channels, contributing positively to overall sales [5][13] Market Data and Key Metrics Changes - The company is experiencing challenges due to the ongoing tariff landscape, particularly on goods sourced from China, which is affecting costs and margins [3][4] - The company is encouraged by recent trade talks between the U.S. and China, which may provide opportunities for growth [3] Company Strategy and Development Direction - The company is consolidating some internal operations to reduce payroll expenses and eliminate redundant costs, which is expected to enhance operational efficiency [4][29] - The management is focused on renewing licensing agreements and is optimistic about future product launches [4] - The company is adapting its strategies to offset the impact of tariffs and is positioning itself to capitalize on growth opportunities as market conditions evolve [9] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the macro challenges, particularly the elevated tariff environment, but expressed confidence in the company's ability to navigate these issues and achieve slight increases in net income [9] - The company is actively seeking new sources for diaper bags to mitigate tariff impacts and is optimistic about the potential for international sales growth, particularly in Europe [42][49] Other Important Information - Cash and cash equivalents totaled $810,000, up from $521,000 at the end of fiscal 2025, while inventory remained stable at $32.6 million [7][8] - The company declared a $0.08 per share cash quarterly dividend, continuing its tradition of returning value to shareholders [8] Q&A Session Summary Question: Increase in sales of bibs, toys, and disposable products - Management noted that the increase was across various product lines and retailers, indicating broad-based growth [13] Question: Commentary on inventory levels - Management expressed comfort with current inventory levels, despite shifts in retailer program resets [14][15] Question: Feedback on the Manhattan Toy website - Positive feedback was received regarding the website's design and user experience [17][18] Question: Sales performance at Legoland - Sales at Legoland were reported as good, although the park opened later than planned [19][20] Question: Advertising budget and results - Management indicated that while sales growth was slower than expected, investing in advertising is crucial for driving future sales [21][22] Question: Diaper bag business outlook - Management acknowledged struggles due to tariffs but emphasized ongoing efforts to find new production sources [42][43] Question: International sales performance - International sales, particularly in Europe, were highlighted as a bright spot, with new distributor agreements being signed [49][52]

Core Viewpoint - A new company, Yangzhou Zhulong Gift Toy Co., Ltd., has been established with a registered capital of 200,000 RMB, focusing on various manufacturing and sales activities related to toys and other consumer goods [1] Company Summary - The company is registered under the legal representative Wang Zhuoyue [1] - The registered capital of the company is 200,000 RMB [1] - The business scope includes toy manufacturing, sales of gifts and flowers, and various consumer goods [1] Industry Summary - The company operates in multiple sectors including toy manufacturing, mother and baby products, home goods, and office supplies [1] - It also engages in technical services, design services, and corporate image planning [1] - The range of products includes sports equipment, electronic products, and daily necessities [1]

Core Insights - Baby brand Le Shushi Limited (2698.HK) debuted on the Hong Kong Stock Exchange, opening at HKD 34.98, a 33.5% increase from the offer price, and closing at HKD 34.46, up 31.5% [1] Group 1: IPO Details - Le Shushi issued a total of 90.884 million shares, with the offer price range set between HKD 24.2 and HKD 26.2, ultimately pricing at the high end [1] - The public offering was oversubscribed by approximately 1,813 times, while the international placement was oversubscribed by 33.3 times, raising a net amount of HKD 2.229 billion [1] Group 2: Use of Proceeds - Approximately 71.4% of the raised funds will be allocated for capacity expansion and production line upgrades [2] - 11.6% of the funds will be used for marketing and promotion [2] - 4.7% will be directed towards strategic acquisitions [2] Group 3: Product Focus - Le Shushi primarily sells its self-manufactured baby diapers, baby pull-ups, and female hygiene products in regions such as Africa, Latin America, and Central Asia [1]

Group 1 - The establishment of Linwu County Deshun Maternal and Infant Products Business is noted, with Zhou Chao as the legal representative [1] - The registered capital of the business is 100,000 RMB [1] - The business scope includes general projects such as sales of maternal and infant products, sanitary products, and disposable medical supplies [1] Group 2 - The business is also involved in the retail of protective equipment for medical personnel [1] - Food sales are listed as a licensed project, requiring approval from relevant authorities before operation [1] - The business is allowed to operate independently within the scope of its business license, except for projects that require legal approval [1]

Core Insights - Goodbaby International (01086.HK) reported a revenue decline of 1.1% for the nine months ending September 30, 2025, with revenue approximately HKD 6,420.0 million compared to about HKD 6,492.5 million in the same period of 2024 [1] Revenue Analysis - The revenue fluctuation was influenced by exchange rate volatility, particularly the changes in the Renminbi and Euro against the Hong Kong Dollar [1] - When adjusted for constant currency, the revenue decreased by 2.5% compared to the same period in 2024 [1]

Group 1 - The core viewpoint of the article is that the Suzhou Market Supervision Administration conducted a quality inspection of infant sleeping bags in 2025, revealing a 5.0% non-compliance rate with 2 out of 40 samples failing the quality test [3] - A total of 40 batches were sampled, with 31 from physical stores and 9 from e-commerce platforms [3] - The non-compliance was specifically related to fiber content, prompting the market supervision department to take legal action against the producers and sellers of the non-compliant products [3] Group 2 - The inspection results included a detailed table listing the non-compliant products, including their specifications, manufacturers, and sales platforms [4][5] - The non-compliant products were identified as "Cotton and Wool Carrot Sleeping Bag" and "Dream Jurassic Bamboo Cotton Knitted Split Leg Sleeping Bag," both failing on fiber content [4] - The inspection also highlighted several compliant products across various brands and platforms, indicating a broader market presence for infant sleeping bags [4][5]

Core Insights - The article highlights the enthusiasm and confidence of Canadian companies participating in the China International Import Expo (CIIE), emphasizing the importance of this platform for enhancing trade relations between Canada and China [1][2]. Group 1: Participation and Agreements - Canada was one of the 12 guest countries at the first CIIE, signing 48 agreements worth over 1.6 billion Canadian dollars, marking a strong start to its relationship with the expo [2]. - Canadian companies have showcased a variety of high-quality products, including health products, ice wine, and maternal and infant goods, which have gained recognition in the Chinese market [2][3]. Group 2: Market Engagement and Growth - The CIIE provides a safe market testing environment for Canadian products, allowing companies to interact directly with consumers and understand market performance, which is crucial for product optimization and strategy adjustment [3][4]. - Companies like Jamieson have established a strong presence in China, with Jamieson setting up its headquarters in Shanghai in 2023, reflecting its commitment to the Chinese market [3]. Group 3: Future Directions and Support - Canadian companies are expected to focus on natural health, green technology, and creative design to further leverage the CIIE platform for market expansion, aligning with global sustainability trends and Chinese market demands [7]. - Organizations like the Canada-China Trade Council and local chambers of commerce are actively supporting Canadian enterprises at the expo, enhancing participation effectiveness and fostering collaboration [7].