格隆汇9月16日丨蜂助手(301382.SZ)在互动平台表示，公司业务暂不涉及数据要素领域和数据中心领 域。 ...

Investment Rating - The report maintains a positive outlook on the long-term growth potential of Hailan Home as it plans to list in Hong Kong, which is expected to enhance its overseas market presence and strengthen its competitive edge [1][12][13]. Core Insights - Hailan Home's overseas expansion strategy has been active since 2017, with a focus on Southeast Asia, and the company aims to continue exploring new markets and channels [12][13]. - The report highlights the successful registration of recombinant type III humanized collagen protein as a pharmaceutical excipient by Jinbo Bio, marking a significant breakthrough in the application of collagen in innovative drug development [14][17]. - The retail performance of the apparel sector showed a year-on-year growth of 3.7% in July, although the growth rate decreased compared to June due to various factors including promotional effects and extreme weather [23][32]. Summary by Sections Hailan Home's Hong Kong Listing - Hailan Home announced its intention to issue shares and list on the Hong Kong Stock Exchange, which is expected to facilitate its overseas market expansion and enhance its long-term competitiveness [1][12]. - The company has opened 111 overseas stores as of mid-2025, generating a revenue of 206 million yuan, a 27.42% increase year-on-year [12][13]. Jinbo Bio's Pharmaceutical Advancements - Jinbo Bio's recombinant type III humanized collagen protein has received approval as a pharmaceutical excipient, allowing it to be used in various drug delivery systems, enhancing drug efficacy while reducing side effects [14][15][17]. - The company is positioned to leverage its first-mover advantage in the domestic market for pharmaceutical excipients, with significant growth potential in the peptide and protein drug sectors [17][18]. Apparel and Cosmetics Market Trends - The apparel retail sector experienced a 3.7% year-on-year growth in July, with a noted decline in growth rate due to promotional effects and weather conditions impacting consumer traffic [23][32]. - The cosmetics retail sector saw a recovery with a 4.5% year-on-year increase in July, reflecting a positive trend in consumer spending [32]. Investment Recommendations - The report recommends Hailan Home for its strong brand and potential for growth in the apparel sector, alongside Jinbo Bio for its innovative products in the beauty and healthcare segments [35].

Core Insights - The skincare and daily chemical industry in A-share listed companies has shown improvements in inventory levels as of the first half of 2025, with only 6 out of 14 selected companies experiencing an increase in inventory size [1][2] Inventory Size Analysis - Jinbo Biological had the largest year-on-year increase in inventory, reaching 153 million yuan, a growth of 116.79% compared to the first half of 2024 [1][2] - Kesheng Co. also saw significant growth, with inventory at 628 million yuan, up 40.87% year-on-year [1][2] - Other companies with notable inventory increases include Marubi Biological (35.91%), Chuang'er Biological (34.02%), and Jiaheng Home Care (31.39%) [2] Inventory Turnover Days - Among the 14 selected companies, only 5 had inventory turnover days below 90 days, indicating efficient inventory management [3] - Companies with inventory turnover days exceeding 180 days include Huaxi Biological (331.61 days), Jinbo Biological (280.81 days), Kesheng Co. (230.92 days), and Betaini (195.78 days) [3][4] - The overall inventory turnover efficiency has not improved, with 8 companies experiencing longer turnover days, particularly those exceeding 180 days [3] Year-on-Year Changes in Inventory Turnover Days - Huaxi Biological's turnover days increased by 13.34%, Jinbo Biological by 15.66%, Kesheng Co. by 115.83%, and Betaini by 0.54% [3][4] - Notably, the turnover days for LaFang Home Care decreased by 27.40%, and Shanghai Home Care by 15.74%, indicating some companies are managing their inventory more effectively [4]

Group 1 - The company is engaged in a comprehensive operation of digital goods, providing integrated services of "digital goods + technology + operation" while procuring traffic and phone fees from operators [2] - The company acts as an exclusive agent for WPS membership, Soda Music, and MaiduiDui membership through China Mobile channels, and has product collaborations with Mango TV and Youku [2] - In the Internet of Things (IoT) traffic operation and solution business, the company expands IoT customers through operator channels and sells 5G boxes, with indoor high-precision positioning solutions already applied in hospitals for navigation [2] Group 2 - The company collaborates with relevant enterprises to develop cloud phone products, serving China Mobile in the cloud terminal technology and computing power operation business [2] - The future application prospects of the company's cloud collaboration technology combined with robotics will be based on official announcements or publicly disclosed information [2]

Group 1 - The company announced the holding of its second extraordinary general meeting of shareholders for 2025 on September 9, 2025 [2] - The meeting approved multiple proposals, including the authorization for the board of directors to handle matters related to the 2025 restricted stock incentive plan [2]

北京大成（广州）律师事务所 关于蜂助手股份有限公司 2025 年第二次临时股东大会的 法律意见书 www.dentons.cn 广州市珠江新城珠江东路 6 号广州周大福金融中心 14 层、15 层 Tel.: 86 20 8527 7000/01 Fax: 86 20 8527 7002 北京大成（广州）律师事务所 关于蜂助手股份有限公司 2025 年第二次临时股东大会的法律意见书 致：蜂助手股份有限公司 根据《中华人民共和国证券法》（以下简称"《证券法》"）、《中华人民共 和国公司法》（以下简称"《公司法》"）和中国证券监督管理委员会《上市公司 股东会规则（2025 年修订）》（以下简称"《股东会规则》"）等法律、法规和 其他有关规范性文件的要求，北京大成（广州）律师事务所（以下简称"本所"） 接受蜂助手股份有限公司（以下简称"公司"）的委托，指派律师参加公司 2025 年第二次临时股东大会（以下简称"本次股东大会"）。 本所假设： 1.提供予本所之文件中的所有签署、盖章及印章都是真实的，所有作为正本 提交给本所的文件都是真实、准确、完整的； 2.提供予本所之文件中所述的全部事实都是真实、准确、完整的； 3 ...

证券代码：301382 证券简称：蜂助手 公告编号：2025-077 蜂助手股份有限公司 2025年第二次临时股东大会决议公告 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。 特别提示： 1、本次股东大会无否决或变更议案的情况。 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 （一）会议召开情况 1、召开时间： （1）现场会议日期和时间：2025年9月9日（星期二）下午14:30 （2）网络投票日期和时间：2025 年 9 月 9 日 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025年9月9日 9:15-9:25、9:30-11:30、13:00-15:00；通过深圳证券交易所互联网投票系统投 票的具体时间为：2025年9月9日9:15至15:00期间的任意时间。 2、召开地点：广东省广州市天河区黄埔大道660号汇金国际金融中心10楼6 号会议室。 3、召开方式：本次股东大会采用现场表决与网络投票相结合的方式召开。 4、召集人：公司第四届董事会。 5、主持人：董事长罗洪鹏先生。 6、本次会议的召集、召开符合《中华人民共 ...

证券代码：301382 证券简称：蜂助手 公告编号：2025-078 蜂助手股份有限公司 关于 2025 年限制性股票激励计划内幕信息知情人及激励对象 买卖公司股票情况的自查报告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 蜂助手股份有限公司（以下简称"公司"）于 2025 年 8 月 20 日召开了第四 届董事会第八次会议及第四届监事会第七次会议，审议通过了《关于公司<2025 年限制性股票激励计划（草案）>及摘要的议案》等相关议案，具体内容详见公 司于 2025 年 8 月 22 日在巨潮资讯网上披露的相关公告。 1、内幕信息知情人买卖公司股票情况 经核查，在自查期间，6名激励计划的内幕信息知情人在自查期间存在股票 交易行为。但该交易行为发生在知悉激励计划内幕信息之前，是基于对二级市场 交易情况的自行判断进行的操作。自知悉激励计划后，上述人员未再交易公司股 票，不存在利用内幕信息进行股票交易的情形。 2、激励对象买卖公司股票情况 经核查，在自查期间，共有 5 名激励对象存在买卖公司股票的行为。经公司 核查，上述激励对象在自查期间买卖公司股票的行为完全系 ...

Core Viewpoint - The company, Feng Assistant (301382), has confirmed its sales strategy for cloud mobile phones, indicating a dual-channel approach targeting both consumer (2C) and industry (2B) markets [1] Group 1: Sales Strategy - The company utilizes public information from operators to assess the sales performance of its cloud mobile phone products in the consumer market [1] - In the industry market, the company has developed a mature product line that includes game cloud phones, marketing cloud phones, and cloud counters [1] Group 2: Technical Support - The company provides technical support for the HarmonyOS version of its cloud mobile phones, leveraging its cloud terminal technology and computing power operations [1] - Users can download the mobile cloud phone application from the HarmonyOS application store [1]

证券日报网讯蜂助手9月9日在互动平台回答投资者提问时表示，云手机客户渠道（2C）的销售情况请 参考运营商公开信息；公司同时通过行业渠道（2B）进行销售，已形成包括游戏云手机、营销云手 机、云柜台等在内的成熟产品。同时，基于云终端技术和算力运营板块，公司可为云手机的鸿蒙系统版 本提供技术支持，目前用户可在鸿蒙系统的应用商城下载移动云手机应用。 （文章来源：证券日报） ...