金融界消息 截至2025年8月12日收盘，天元宠物（301335）报收于32.18元，上涨0.28%，换手率 8.71%，成交量4.42万手，成交金额1.43亿元。 通过天眼查大数据分析，杭州天元宠物用品股份有限公司共对外投资了15家企业，参与招投标项目8 次，知识产权方面有商标信息309条，专利信息166条，此外企业还拥有行政许可104个。 来源：金融界 天元宠物最新一期业绩显示，截至2025一季报，公司营业总收入5.69亿元、同比增长13.07%，归属净利 润1661.85万元，同比增长18.97%，扣非净利润1478.09万元，同比增长42.86%，流动比率2.770、速动比 率2.113、资产负债率34.92%。 天眼查商业履历信息显示，杭州天元宠物用品股份有限公司，成立于2003年，位于杭州市，是一家以从 事其他制造业为主的企业。企业注册资本12600万人民币，实缴资本12600万人民币。公司法定代表人为 薛元潮。 资金流向方面，今日主力资金净流入1256.96万元，占比成交额8.77%。其中，超大单净流入1135.41万 元、占成交额7.93%，大单净流入121.56万元、占成交额0.85%，中单 ...

证券之星消息，8月8日文娱用品板块较上一交易日下跌0.84%，海伦钢琴领跌。当日上证指数报收于 3635.13，下跌0.12%。深证成指报收于11128.67，下跌0.26%。文娱用品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 300703 | 创源股份 | 30.70 | 7.16% | 35.16万 | 10.55 亿 | | 001238 | 浙江正特 | 43.93 | 2.81% | 7851.74 | 3418.84万 | | 001368 | 通达创智 | 25.44 | 0.59% | 2.13万 | 5377.75万 | | 002348 | 高乐股份 | 3.93 | 0.26% | 1 22.45万 | 8753.18万 | | 605080 | 浙江自然 | 26.53 | -0.04% | 1.59万 | 4200.69万 | | 605299 | 舒华体育 | 9.38 | -0.11% | 7.99万 | 7478.43万 | | 0023 ...

证券代码：301335 证券简称：天元宠物 公告编号：2025-085 公司于 2025 年 7 月 10 日收到深圳证券交易所（以下简称"深交所"）出具 的《关于杭州天元宠物用品股份有限公司发行股份购买资产并募集配套资金申请 的审核问询函》（审核函〔2025〕030008 号）（以下简称"《审核问询函》"）， 要求公司收到《审核问询函》之日起 30 日内披露问询意见回复并将回复文件通 过深交所审核系统提交。 根据《审核问询函》的要求，公司会同本次发行的独立财务顾问国泰海通证 券股份有限公司（以下简称"国泰海通"）和有关中介机构对《审核问询函》的 问询意见逐项进行核查、落实和回复。 鉴于《审核问询函》涉及的部分事项还需进一步落实，以上事项的完成所需 工作时间较长，预计无法在 30 日内完成回复工作。公司已向深交所申请，将延 期至《审核问询函》回复期限届满日起 30 日内向深交所提交《审核问询函》的 书面回复材料并及时履行信息披露义务。 延期期间，公司将与本次重组的交易各方及相关中介机构尽快完成《审核问 询函》的回复工作并及时履行信息披露义务。本次交易尚需通过深交所审核并取 得中国证券监督管理委员会同意注册的批 ...

天眼查商业履历信息显示，杭州天元宠物用品股份有限公司，成立于2003年，位于杭州市，是一家以从 事其他制造业为主的企业。企业注册资本12600万人民币，实缴资本12600万人民币。公司法定代表人为 薛元潮。 通过天眼查大数据分析，杭州天元宠物用品股份有限公司共对外投资了15家企业，参与招投标项目8 次，知识产权方面有商标信息309条，专利信息163条，此外企业还拥有行政许可104个。 来源：金融界 天元宠物最新一期业绩显示，截至2025一季报，公司营业总收入5.69亿元、同比增长13.07%，归属净利 润1661.85万元，同比增长18.97%，扣非净利润1478.09万元，同比增长42.86%，流动比率2.770、速动比 率2.113、资产负债率34.92%。 金融界消息 截至2025年7月29日收盘，天元宠物（301335）报收于31.99元，下跌2.05%，换手率 11.36%，成交量5.77万手，成交金额1.84亿元。 资金流向方面，今日主力资金净流出1785.76万元，占比成交额9.7%。其中，超大单净流出592.23万 元、占成交额3.22%，大单净流出1193.54万元、占成交额6.49%，中单 ...

Investment Rating - The report maintains an "Overweight" rating for the pet industry, indicating that the industry index is expected to outperform the market index by over 10% in the next six months [4]. Core Insights - The pet industry in China is projected to continue its rapid growth, with the urban pet consumption market expected to increase from 170.8 billion yuan in 2018 to 300.2 billion yuan by 2024, reflecting a CAGR of approximately 9.9% [3]. - The pet food market is anticipated to grow from 89.1 billion yuan to 158.5 billion yuan during the same period, with a CAGR of about 10.1% [3]. - The pet healthcare market, including vaccines and medications, is expected to see significant growth, with a projected increase from 8.54 billion yuan to 37.22 billion yuan, representing a CAGR of 27.8% [3]. - The report highlights that the pet ownership penetration rate in China is still relatively low compared to mature markets, indicating substantial room for growth [3]. Market Dynamics - The pet ownership demographic is shifting towards younger generations, with post-90s pet owners constituting 41.2% and post-00s pet owners rising to 25.6% [3]. - The report notes that the pet industry in China is characterized by a low concentration of market players, with the top three companies holding only 3.6% of the market share [3]. - The competitive landscape is fragmented, with numerous small and medium-sized enterprises alongside established brands like Guai Bao Pet and Zhong Chong Co [3]. Investment Recommendations - The report suggests focusing on key players in the pet industry, including Guai Bao Pet (301498), Zhong Chong Co (002891), Yi Yi Co (001206), Yuan Fei Pet (001222), Tian Yuan Pet (301335), and Pu Lai Ke (603566) [3].

Summary of Conference Call Records Industry or Company Involved - The records discuss various sectors including e-commerce, AI technology, electronic cigarettes, and pet products, with specific mentions of companies like 百亚 (Baiya), 豪越 (Haoyue), and 天元宠物 (Tianyuan Pet) [1][5][12]. Core Points and Arguments 1. **E-commerce Growth and Brand Opportunities** The rise of content-driven e-commerce platforms like Douyin has significantly improved sales conversion rates, providing opportunities for emerging brands to gain market share [1]. 2. **AI Technology Market Trends** The AI sector, particularly AI glasses, is experiencing rapid growth and increasing penetration rates, driven by consumer demand for innovative products [2]. 3. **Emergence of Phenomenal Products** The market is witnessing the emergence of standout products, such as electronic cigarettes and health & beauty (H&B) items, which are gaining substantial market share in regions like Japan and Europe [3]. 4. **Haoyue's Focus on Revenue Growth** Haoyue is prioritizing revenue growth over short-term profit margins, indicating a strategic shift towards long-term performance metrics [6][7]. 5. **E-commerce Team Structure** Haoyue's e-commerce team is primarily based in Wuhan, with additional operations in Hangzhou to enhance online marketing efforts, especially during peak sales periods [8]. 6. **Product Development and Innovation** The company has launched new high-end products, leveraging its R&D capabilities post-acquisition, which is expected to enhance its market position [9]. 7. **Channel Strategy and Historical Context** The company has a strong offline channel presence, rooted in its historical background in cosmetics, which has influenced its promotional strategies in the sanitary products market [10]. 8. **Budgeting and Cost Management** The company is implementing a more flexible budgeting approach for marketing expenditures, balancing between online and offline channels while maintaining cost control [11]. 9. **Tianyuan Pet's Revenue Composition** Tianyuan Pet's revenue is nearly evenly split between pet supplies and pet food, with a significant portion coming from international brand agency agreements [12][13]. 10. **Acquisition of E-commerce Operations** The acquisition of陶通 (Taotong) is aimed at strengthening the company's position in the domestic market by securing long-term agency rights with international brands [14]. 11. **Production Strategy** The company utilizes a mixed production model, with 30% in-house production and 70% outsourced, while also expanding operations in Southeast Asia to mitigate tariff risks [15]. 12. **Market Growth Expectations** The company anticipates steady growth in the pet product market, although it may face challenges in exceeding last year's growth rates due to market saturation [16]. Other Important but Possibly Overlooked Content - The records highlight the importance of consumer sentiment and the emotional value associated with products in driving market trends [2]. - The focus on long-term strategic goals over immediate financial performance reflects a broader trend in corporate governance and management practices [6][7]. - The integration of new technologies and innovative products is crucial for maintaining competitive advantage in rapidly evolving markets [3][4].

Group 1 - The report highlights the emergence of new consumer demands driven by generational changes, with the Z generation becoming the main consumer force, leading to a restructuring of the competitive landscape in the consumer goods sector [3][5][11] - The growth of domestic brands is emphasized, particularly in categories such as personal care, pet products, and home goods, where companies like Baiya Co., Ltd. and Dengkang Oral Care are gaining market share through innovative products and effective marketing strategies [5][19][24] - The report identifies significant opportunities in the AI-driven product categories, such as AI mattresses and AI glasses, which are expected to see high growth in the medium to long term [5][19][29] Group 2 - The housing market is projected to stabilize, with policies encouraging home upgrades and replacements, which will drive demand for home goods, particularly in the AI mattress segment [6][9] - The packaging industry is undergoing a global supply chain restructuring, leading to accelerated consolidation and improved profitability for leading companies [7][10] - The report notes that the export sector is expected to see a reduction in the impact of tariff policies, allowing for better growth prospects in overseas markets [10][19] Group 3 - The report discusses the rise of IP-derived products, particularly in the emotional consumption space, where younger consumers are increasingly drawn to products that fulfill social and emotional needs [34][37][43] - Companies like Bluku and Chengyuan Co., Ltd. are highlighted for their innovative approaches in the IP toy market, leveraging strong brand partnerships and diverse product offerings to capture market share [44][49][56] - The report emphasizes the importance of digital marketing and e-commerce strategies in driving sales for companies in the consumer goods sector, particularly in the context of changing consumer behaviors [50][52][61]

Core Insights - The pet automatic feeder market in China is experiencing significant growth, with the market size increasing from 2.197 billion yuan in 2021 to 2.643 billion yuan in 2024, representing a global market share increase from 12.67% to 13.47% during the same period [1][12][10] - The rise in pet ownership and the increasing affection pet owners have for their pets are driving the demand for smart pet products, particularly automatic feeders, which are becoming essential for modern pet care [1][12] Industry Overview - Pet automatic feeders are categorized into mechanical, electronic, and smart feeders, with smart feeders gaining popularity due to their automation and added features such as remote monitoring and health analysis [1][6] - The market for pet products in China has expanded significantly, with the pet economy reaching a scale of 300.2 billion yuan by 2024, driven by the increasing number of urban pet owners [6][10] Market Status - The automatic pet feeder market is projected to grow to 3.858 billion yuan by 2028, with the market share expected to rise to 14.61% globally [12][10] - Smart feeders currently account for approximately 15% of the pet automatic feeder market, indicating a trend towards more advanced feeding solutions [14][12] Competitive Landscape - Major players in the smart feeder market include international brands like PetSafe and Petmate, which dominate the high-end segment, while domestic brands like Xiaopei focus on cost-effective solutions [16][12] - Companies such as Donis and Tianyuan Pet are actively expanding their product lines to include smart feeding solutions, reflecting the competitive nature of the market [18][20] Development Trends - Technological advancements in AI, IoT, and big data are expected to enhance the functionality of smart feeders, allowing for personalized feeding plans and remote monitoring capabilities [22][24] - The demand for smart feeders is anticipated to grow as pet owners increasingly prioritize their pets' health and quality of life, particularly in urban areas [23][24]

证券代码：301335 证券简称：天元宠物 公告编号：2025-084 杭州天元宠物用品股份有限公司 关于发行股份购买资产并募集配套资金申请文件 获得深圳证券交易所受理的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 杭州天元宠物用品股份有限公司（以下简称"公司"）拟通过发行股份及支 付现金的方式购买广州淘通科技股份有限公司 89.7145%股权并募集配套资金 （以下简称"本次交易"）。 公司近日收到深圳证券交易所（以下简称"深交所"）出具的《关于受理杭 州天元宠物用品股份有限公司发行股份购买资产并募集配套资金申请文件的通 知》（深证上审〔2025〕114 号）。深交所根据相关规定对公司报送的发行股份 及支付现金购买资产并募集配套资金申请文件进行了核对，认为申请文件齐备， 决定予以受理。 本次交易尚需通过深交所审核并取得中国证券监督管理委员会同意注册的 批复，最终能否通过审核、取得注册，以及最终通过审核、取得注册的时间仍存 在不确定性。公司将根据该事项的进展情况，按照有关法律法规的规定和要求及 时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 ...

Core Viewpoint - The event "2025 Mountain and Sea Spirit: Yuyuan Lantern Festival and China-Thailand Cultural Month" showcases the integration of traditional Chinese culture with modern technology through the Petstar brand, highlighting the growing trend of cultural and pet product fusion in the new consumption wave [2][7]. Group 1: Event Overview - The Yuyuan Lantern Festival features the theme "Mountain and Sea Spirit," inspired by the ancient Chinese text "Shan Hai Jing," creating an immersive artistic experience that combines traditional aesthetics with modern technology [2]. - The festival includes various activities such as light art exhibitions, themed markets, and culinary experiences, attracting numerous visitors [2]. Group 2: Petstar Brand Initiatives - Petstar integrates Eastern cultural elements into pet product design, emphasizing "Eastern Aesthetics" and offering interactive experiences for pet owners during the festival [4]. - The brand has previously showcased its commitment to cultural integration by featuring Hanfu styles at the Shanghai Pet Fashion Week and launching culturally themed pet products [7]. Group 3: Company Strategy and Financial Performance - Tianyuan Pet is transitioning from a traditional pet product manufacturer to an industry ecosystem builder, focusing on user engagement, data, and brand development [8]. - The company reported significant revenue growth, with 2024 revenue reaching 2.764 billion yuan, a 35.69% increase year-on-year, and a 13.07% increase in Q1 2025 compared to the previous year [9].