Core Insights - Reliable Co., Ltd. reported a revenue of 829 million yuan for the first three quarters of 2025, representing a year-on-year growth of 5.12%, with a net profit of 27.98 million yuan, up 26.79% [1] - The company has established a clear business matrix focusing on self-owned brands in adult care and an ODM model for infant and pet health care, contributing to its steady growth [1] Financial Performance - For Q3 2025, the company achieved a revenue of 281 million yuan, reflecting a year-on-year increase of 4.59% [1] - Operating cash flow saw a significant increase of 136.29%, reaching 89.72 million yuan [1] Product Innovation - Reliable Co. focuses on user needs, particularly in the elderly care market, developing innovative products like the "reliable enhanced adult diaper" designed for overnight use, which reduces comprehensive care costs by 30% [2] - The company has launched products utilizing "liquid-blood dual-absorption technology" and upgraded versions of existing products to meet evolving consumer demands [2] Market Position and Strategy - The adult incontinence products market is projected to grow significantly, with the market size expected to increase from 8.86 billion yuan in 2020 to 16.8 billion yuan by 2031 [4] - Reliable Co. has maintained the number one market share in the domestic adult incontinence sector for several years, showcasing strong brand recognition [4] Sales Channels - The company has achieved comprehensive online and offline channel coverage, including flagship stores on major e-commerce platforms and expansion into new sales channels like live streaming and community group buying [3] Social Responsibility - Reliable Co. integrates social responsibility into its business model, focusing on the elderly community through initiatives like "Reliable Love Public Welfare," donating products to elderly individuals in need [4] Recognition and Awards - The company has received multiple accolades for its market performance and contributions to product innovation and ESG, including being named a "2025 (Autumn) Best-Selling Product" and recognized as an "Industry Leading Brand" by JD Supermarket [5]

Core Viewpoint - The aging population trend is increasingly prominent, and the focus is on how to ensure a dignified and comfortable life for the elderly. Reliable Co., Ltd. has reported a positive financial performance, indicating its strong capabilities in production, sales, and innovation in the silver economy sector [1][4]. Financial Performance - In the first three quarters of 2025, Reliable Co., Ltd. achieved a total revenue of 829 million yuan, a year-on-year increase of 5.12%. The net profit attributable to shareholders was 27.98 million yuan, up 26.79% year-on-year. Operating cash flow saw a significant increase of 136.29%, reaching 89.72 million yuan [1]. Product Innovation - Reliable Co., Ltd. has developed a new adult diaper product designed to reduce the frequency of changes at night and significantly lower the risk of bedsores. This product is based on in-depth research into the physiological characteristics of the elderly, achieving breakthroughs in absorption, moisture retention, dryness, and leak prevention [1]. - The company has also launched the "Cloud Soft Instant Absorption" series, which optimizes skin-friendliness, absorption speed, and breathability, catering to the needs of sensitive skin [2]. - Recent innovations include the "Cranberry Probiotic Absorbent Towel" and the upgraded "Absorption Treasure 2.0," which combine functional materials with care technology to address users' health and comfort needs [2]. Market Position and Channel Strategy - Reliable Co., Ltd. has established a comprehensive online and offline channel coverage, achieving good sales performance. The company operates official flagship stores on major e-commerce platforms and actively explores new sales channels such as live streaming and community group buying [3]. - The brand has consistently ranked first in market share in the adult incontinence sector in China, reflecting its strong brand effect and market presence [3]. Industry Outlook - According to the National Bureau of Statistics, the population aged 60 and above in China has exceeded 310 million, accounting for 22% of the total population, marking the entry into a moderately aging society. The adult incontinence products market is expected to exceed 16.8 billion yuan by 2031, indicating a significant growth opportunity in the silver economy [4]. - With robust R&D capabilities, precise user insights, and a comprehensive channel strategy, Reliable Co., Ltd. is well-positioned to lead industry trends and provide reliable health care solutions for more families in China [4].