Group 1 - The core viewpoint of the article highlights the recent stock performance of Shubao International, which closed at HKD 1.490, down 4.49% from the previous trading day, despite reaching a one-year high of HKD 1.680 during the day [1] - The company experienced a net outflow of HKD 34.58 million, with inflows of HKD 7.85665 million and outflows of HKD 8.20240 million on the same day [1] Group 2 - Shubao International Group Limited primarily engages in the development, production, and sales of disposable hygiene products in China, focusing on baby care products in emerging markets in Eurasia [2] - According to a report by Frost & Sullivan, the company is the second-largest exporter of disposable baby care hygiene products from China to Russia, holding approximately 3.7% market share based on export value in 2023 [2] - The company has relied on contract manufacturing to market and sell baby care products abroad, exporting its core products to foreign brand owners, which has significantly contributed to its revenue from emerging markets like Russia and Southeast Asia [2] - The explosive growth of e-commerce in Russia and the development of private labels have benefited the company, which has expanded its production and supply of baby care products to top Russian retailers, enhancing their private label image [2] - The demand shift from international brands to private labels due to the Russia-Ukraine conflict has led to a substantial increase in revenue from the Russian market during the reporting period [2]

Group 1 - The stock price of Shubao International (02569.HK) closed at 1.400 HKD on June 17, reflecting a 0.72% increase from the previous trading day, with an intraday high of 1.420 HKD, marking a nearly one-year high [1] - The net capital flow for the day showed an inflow of 4.18625 million HKD and an outflow of 4.04115 million HKD, resulting in a net inflow of 145,100 HKD [1] Group 2 - Shubao International Group Limited primarily engages in the development, production, and sales of disposable hygiene products for personal use in China, focusing on emerging markets in Eurasia for baby care products [2] - According to a report by Frost & Sullivan, the company is the second-largest exporter of disposable baby care hygiene products from China to Russia, holding approximately 3.7% market share based on export value in 2023 [2] - The company has expanded its operations to produce and supply baby care products and solutions for several top Russian retailers, benefiting from the explosive growth of e-commerce in Russia and the rise of private labels [2] - The ongoing Russia-Ukraine conflict has shifted demand from international brands to private labels among Russian customers, significantly increasing the company's revenue from the Russian market during the reporting period [2]