分红方面，倍轻松A股上市后累计派现6694.10万元。近三年，累计派现0.00元。 机构持仓方面，截止2025年9月30日，倍轻松十大流通股东中，宝盈核心优势混合A（213006）位居第 六大流通股东，持股170.00万股，持股数量较上期不变。 责任编辑：小浪快报 融券方面，倍轻松11月21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9月30日，倍轻松股东户数5073.00，较上期增加4.92%；人均流通股16941股，较上期减少4.69%。 2025年1月-9月，倍轻松实现营业收入 ...

Core Insights - The event "Value Transmission, Trust Promotion, and Opportunity Sharing" was successfully held, showcasing the development achievements and strategic layout of the company Beiqing Song (倍轻松) [1][2] - The company has opened 15 "Relax Moment" stores across China, focusing on cities like Shenzhen, Guangzhou, Xi'an, Chongqing, and Chengdu, with plans for further expansion [1] - Technological innovation is the core driving force for the company's development, with a strong emphasis on integrating traditional Chinese medicine with modern technology [1][2] Company Development - As of October 30, 2025, Beiqing Song has achieved initial operational success with its store network, particularly in airport and community locations [1] - The company has established a robust online operation system covering major e-commerce platforms such as Amazon, Walmart, TikTok, and others, while also employing a dual-track model of direct sales and national agents for offline operations [2] - The company focuses on the design, research, development, production, sales, and service of smart portable massagers, aiming to provide users with convenient personal health care experiences [2] Future Outlook - Beiqing Song plans to enhance brand influence and market competitiveness through continuous expansion of domestic stores, deepening technological innovation, and steady overseas market development [2] - The company aims to lead the industry in technological advancements, particularly in portable massage devices and health data connectivity [1][2]

11月14日晚，倍轻松公告，公司控股股东、实际控制人并担任董事长、总经理的马学军，拟通过询价转让方式减持255.26万股，占公司总股本的比例为 2.97%。马学军给出的减持原因是"自身资金需求"。按最新收盘价计，这批股份市值约为7800万元。 在马学军之前，公司第四大股东、主要由公司高管和中层组成的"员工持股计划"宁波倍松，以及公司董事、第三大股东汪荞青已经先后在今年3月和9月抛出 减持计划。另外，今年8月公司公告，另一"员工持股平台"宁波倍润与马学军的一致行动关系自动解除，这意味着如果宁波倍润在解除之日起六个月后减 持，将无需再公告。 主营按摩仪器却得以在科创板上市的倍轻松，又有股东要减持了，这一次是公司实控人马学军。 倍轻松2021年7月15日在科创板上市，但上市次年就出现大额亏损，亏损趋势延续到今年三季度，这与公司上市前持续多年的高增长形成鲜明反差。股价方 面，倍轻松也是上市首日就是最高点，此后一年多时间跌了约80%，目前则已经横盘三年，基本错失了去年"924"以来的牛市行情。 三路原始股东先后宣布减持 一路宣布"解除一致行动关系" 时间回拨到一年多前的2024年7月5日，倍轻松公告，包括公司实控人在内 ...

Core Viewpoint - The company, Beiliang Technology, has experienced fluctuations in stock performance and significant declines in revenue and profit for the year 2025, indicating potential challenges in its business operations and market conditions [1][2]. Financial Performance - As of September 30, 2025, Beiliang Technology reported a revenue of 552 million yuan, a year-on-year decrease of 34.07% [2]. - The net profit attributable to shareholders was -65.628 million yuan, reflecting a significant decline of 600.98% compared to the previous period [2]. - The company's stock price increased by 1.28% year-to-date, with a 1.65% rise over the last five trading days, but a notable 12.42% decline over the past 60 days [1]. Shareholder Information - The number of shareholders increased by 4.92% to 5,073 as of September 30, 2025, while the average circulating shares per person decreased by 4.69% to 16,941 shares [2]. - Since its A-share listing, the company has distributed a total of 66.941 million yuan in dividends, with no dividends paid in the last three years [3]. Company Overview - Beiliang Technology, established on July 5, 2000, and listed on July 15, 2021, is based in Shenzhen, Guangdong Province, and focuses on the innovation, research, and development of health products, particularly portable smart massagers [1]. - The company's revenue composition includes various product segments: Other (24.24%), Shoulder (22.03%), Head & Scalp (18.10%), Eye (13.08%), Waist & Back (11.99%), and Neck (10.57%) [1]. Market Position - Beiliang Technology operates within the household appliances sector, specifically in small appliances and personal care devices, and is associated with concepts such as ByteDance, cross-border e-commerce, Tencent, artificial intelligence, and DeepSeek [1].

Core Insights - The company Beilingsong has received a significant downgrade in its information disclosure evaluation for 2024, falling from "Good" to "Unqualified" compared to 2023 [1][2]. Company Overview - Beilingsong Technology Co., Ltd. is located in Nanshan District, Shenzhen, Guangdong Province, and was established on July 5, 2000. It was listed on July 15, 2021 [1]. - The company specializes in the innovation, research, and development of health products, primarily focusing on the design, production, sales, and service of portable smart massagers [1]. - The revenue composition of Beilingsong includes: Other 24.24%, Shoulder 22.03%, Head and Scalp 18.10%, Eye 13.08%, Waist and Back 11.99%, Neck 10.57% [1]. Industry Classification - Beilingsong belongs to the Shenwan industry classification of Household Appliances - Small Appliances - Personal Care Small Appliances [1]. - The company is associated with several concept sectors, including Cross-border E-commerce, ByteDance Concept, Artificial Intelligence, DeepSeek Concept, and Tencent Concept [1].

Core Viewpoint - The company,倍轻松, is a leading player in the domestic smart portable massager market, facing challenges in revenue and profit performance in 2025, with significant declines compared to the previous year [2][5][6]. Group 1: Company Overview - Established on July 5, 2000, and listed on the Shanghai Stock Exchange on July 15, 2021, the company is headquartered in Guangdong Province [1]. - It specializes in the design, research and development, production, sales, and service of smart portable massagers, recognized for its innovative design and high quality [1]. Group 2: Financial Performance - For Q3 2025, the company reported revenue of 552 million yuan, ranking third among four companies in the industry, with the industry leader, 飞科电器, generating 3.04 billion yuan [2]. - The net profit for the same period was -65.7364 million yuan, placing the company fourth in the industry, with the top performer, 飞科电器, achieving a net profit of 457 million yuan [2]. - Revenue for the first three quarters of 2025 decreased by 34.1% year-on-year, while the net profit saw a drastic decline of 601% [5][6]. Group 3: Financial Ratios - The company's debt-to-asset ratio stood at 58.87% in Q3 2025, up from 48.47% in the previous year, significantly higher than the industry average of 31.48% [3]. - The gross profit margin for Q3 2025 was 62.10%, slightly down from 63.21% year-on-year, but still above the industry average of 49.58% [3]. Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders increased by 4.92% to 5,073, while the average number of circulating A-shares held per account decreased by 4.69% to 16,900 shares [5]. - The sixth largest circulating shareholder is 宝盈核心优势混合A, holding 1.7 million shares, unchanged from the previous period [5]. Group 5: Management Compensation - The chairman, 马学军, received a salary of 1.1593 million yuan in 2024, a decrease of 486,700 yuan from 2023 [4].

Core Viewpoint - The stock price of Beiliangong has experienced a decline of 4.19% year-to-date, with significant drops over various trading periods, indicating potential challenges in the company's performance and market perception [2]. Company Overview - Beiliangong, established on July 5, 2000, and listed on July 15, 2021, is a high-tech enterprise based in Shenzhen, Guangdong, focusing on the innovation, research, development, production, sales, and service of health products, particularly smart portable massagers [2]. - The company's revenue composition includes: Other 24.24%, Shoulder 22.03%, Head and Scalp 18.10%, Eye 13.08%, Waist and Back 11.99%, Neck 10.57% [2]. Financial Performance - For the first half of 2025, Beiliangong reported a revenue of 385 million yuan, a year-on-year decrease of 36.22%, and a net profit attributable to shareholders of -36.11 million yuan, representing a year-on-year decline of 238.19% [2]. - Since its A-share listing, the company has distributed a total of 66.94 million yuan in dividends, with no dividends paid in the last three years [3]. Stock Market Activity - As of October 20, the stock price of Beiliangong was 28.55 yuan per share, with a market capitalization of 2.454 billion yuan. The trading volume was 12.86 million yuan, with a turnover rate of 0.53% [1]. - The net outflow of main funds was 927,300 yuan, with no large orders for buying, indicating a selling pressure in the market [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased by 10.36% to 4,835, while the average circulating shares per person decreased by 9.39% to 17,775 shares [2]. - Among the top ten circulating shareholders, the Baoying Core Advantage Mixed A fund held 1.7 million shares, an increase of 669,600 shares compared to the previous period [3].

Core Viewpoint - The Chinese e-commerce industry is transitioning from a phase of rapid growth to a stage that balances incremental expansion with competition for existing market share, leading to a decline in growth rates and increased price competition among platforms [1][19]. Industry Overview - In 2024, China's online retail sales are projected to reach 15.5 trillion yuan, with a year-on-year growth of 7.2%, a decrease of 3.8 percentage points from the previous year [1]. - E-commerce platforms are increasingly adopting low-price competition strategies, resulting in "involution" that affects merchants, consumers, and the industry as a whole [1][19]. Company Performance - In the first half of 2025, the company reported a revenue of 385 million yuan, a year-on-year decline of 36.22%, and a net loss of 36.11 million yuan, a decrease of 238.19% compared to the same period in 2024 [5][6]. - The company's online sales revenue fell significantly, with online direct sales dropping by 45.48% and online platform sales decreasing by 30.07% [9]. Sales Channel Analysis - Online sales accounted for over 60% of the company's total revenue, with a notable decline in online direct sales primarily due to increased competition and changing consumer behavior [2][6]. - The company’s online sales in the first half of 2025 were 246 million yuan, representing a 40.67% year-on-year decrease, while offline sales were 133 million yuan, down 26.27% [8][9]. Strategic Adjustments - The company plans to optimize its online and offline channel strategies, accelerate overseas market expansion, and develop more products catering to the aging population in response to the evolving consumer environment [3][18]. - The company aims to enhance its online presence by strengthening its marketing efforts on platforms like Douyin and optimizing user engagement on WeChat [16]. Market Trends - The aging population in China presents a significant opportunity for the company, which is focusing on developing products tailored for older consumers [10][18]. - The company has already introduced 13 products that are part of a government initiative aimed at enhancing smart home adaptations for the elderly [18].

Group 1 - The core viewpoint of the news is that Beilingsong's stock performance and financial metrics indicate a challenging period, with significant declines in revenue and net profit, while financing activities show a relatively high level of engagement [1][2][3] Group 2 - As of October 9, Beilingsong's stock price increased by 0.87%, with a trading volume of 17.03 million yuan, and a net financing purchase of 557,100 yuan [1] - The total financing and securities balance for Beilingsong reached 77.95 million yuan, accounting for 3.02% of its market capitalization, indicating a high level compared to the past year [1] - For the first half of 2025, Beilingsong reported a revenue of 385 million yuan, a year-on-year decrease of 36.22%, and a net profit attributable to shareholders of -36.11 million yuan, a decline of 238.19% [2] - The number of shareholders increased by 10.36% to 4,835, while the average circulating shares per person decreased by 9.39% to 17,775 shares [2] - Since its A-share listing, Beilingsong has distributed a total of 66.94 million yuan in dividends, with no dividends paid in the last three years [3]

Group 1 - The company has 13 products listed in the Shenzhen Civil Affairs Bureau's 2024 Smart Home Adaptation Consumption Promotion Special Activity [1] - The aging population is increasing, leading to a rise in the silver economy, with a large elderly population and growing consumer demand [1] - The company plans to develop more elderly-friendly products to align with the trends of the silver economy [1] Group 2 - The company was the pioneer in the smart portable massager segment and was listed on the Shanghai Stock Exchange in July 2021 [1] - In the first half of 2025, the company reported revenue of 385 million yuan, a year-on-year decrease of 36.22% [1] - The company experienced a net loss of 36.11 million yuan, with the loss expanding by 238.19% year-on-year [1]