继今年1月证监会指导沪深北证券交易所发布了上市公司可持续发展报告首批编制指南(包括"总体要求 与披露框架""应对气候变化")后，9月5日，证监会再次指导沪深北证券交易所发布了"污染物排放""能源 利用""水资源利用"三个环境议题披露指南并公开征求意见。 北交所表示，修订工作坚持"提供参考为主，不新增强制披露要求"思路，旨在帮助上市公司更好地理解 可持续发展信息披露要求，提升ESG报告编制质量。据悉，北交所上市公司已积极开展ESG信息披露实 践，目前已有贝特瑞等16家公司披露了2024年度ESG报告，展现了上市公司对可持续发展理念的积极响 应。 北交所修订《指南》 日前，在中国证监会统筹指导下，北交所修订了《北京证券交易所上市公司可持续发展报告编制指 南》，自2025年9月5日起向社会公开征求意见。 北交所于2025年1月17日制定发布《指南》及附件《第一号 总体要求与披露框架》《第二号 应对气候变 化》。本次修订围绕环境相关议题新增系列应用指南《第三号 污染物排放》《第四号 能源利用》《第 五号 水资源利用》。 北交所表示，在本次修订的过程中，坚持以下总体思路：一是提升意识，筑牢可持续发展基础。在现有 披露框 ...

证券之星消息，9月4日服装家纺板块较上一交易日上涨1.12%，太湖雪领涨。当日上证指数报收于 3765.88，下跌1.25%。深证成指报收于12118.7，下跌2.83%。服装家纺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) | | --- | --- | --- | --- | --- | --- | | 838262 | 太湖雪 | 31.40 | 12.38% | 8.55万 | 2.57 Z | | 603839 | 安正时尚 | 10.43 | 10.02% | 8.21万 | 8562.79万 | | 002269 | 美邦服饰 | 2.65 | 9.96% | 500.20万 | 13.13亿 | | 603608 | 天创时尚 | 7.55 | 6.34% | - 35.45万 | 2.72亿 | | 603001 | 奧康国际 | 8.80 | 4.14% | 11.20万 | 9774.23万 | | 002494 | रूस में स्थान से संस्थान के साथ से संस्थान के साथ से संस्थ ...

Group 1 - The company's total operating revenue reached 281 million, an increase of 42.33 million compared to the same period last year, marking a 17.75% year-on-year growth [1] - The net profit attributable to the parent company was 18.98 million, an increase of 7.80 million compared to the same period last year, representing a 69.77% year-on-year increase [1] - The company has been the top-selling brand in the silk quilt segment for six consecutive years from 2019 to 2024, with the silk quilt business accounting for 55% of total revenue in 2024 [1] Group 2 - The company is focusing on the development of silk accessories, which have a cultural and creative attribute, achieving a 19% year-on-year revenue growth and a gross margin of 62% in 2024, indicating potential as a new growth driver [1] - The company is transitioning from a "silk quilt manufacturer" to a "leading brand in new domestic silk products" [1] - On September 4, the company's stock price surged over 9%, with an intraday increase exceeding 15% [2]

Group 1 - The new retail concept stocks in the A-share market are performing strongly, with significant gains observed in several companies [1] - Notable performers include Pinwo Food, which rose nearly 11%, and several others that hit the daily limit up [1] - The overall trend indicates a positive sentiment towards new retail stocks despite broader market conditions [1] Group 2 - Specific stock performance data shows Pinwo Food with a 10.71% increase and a total market capitalization of 3.95 billion [2] - Other companies like Gongxiao Daji and Huijia Times also saw increases of over 10%, with Gongxiao Daji having a market cap of 51.1 billion [2] - Year-to-date performance varies, with Guofang Group showing a remarkable 108.52% increase, while some companies like Gongxiao Daji have a negative year-to-date change of -17.97% [2]

√现场参观 □新闻发布会 √分析师会议 证券代码：838262 证券简称：太湖雪 公告编号：2025-129 苏州太湖雪丝绸股份有限公司 投资者关系活动记录表 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 一、 投资者关系活动类别 √特定对象调研 □业绩说明会 □媒体采访 □路演活动 □其他 二、 投资者关系活动情况 活动时间：2025 年 8 月 25 日 活动地点：苏州太湖雪丝绸股份有限公司展厅、会议室 参会单位及人员：中泰证券、东吴证券、东北证券、广发证券、北京鸿道投 资管理有限责任公司、国新国证基金管理有限公司、深圳市泰石投资管理有限公 司、北京星允投资管理有限公司、大博通商医疗投资管理有限公司 上市公司接待人员：董事、副总经理、董事会秘书代艳先生，证券事务代表 张保静女士 三、 投资者关系活动主要内容 公司董事、副总经理、董事会秘书代艳先生首先向参会人员介绍了公司概况， 然后进行了问答交流环节，本次交流的主要内容如下： 问题 1：公司针对母婴市场的产品类型？毛利率情况如何？ 回答：公司依托蚕 ...

证券代码：838262 证券简称：太湖雪 公告编号：2025-128 苏州太湖雪丝绸股份有限公司 关于完成工商变更登记及公司章程备案的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 苏州太湖雪丝绸股份有限公司（以下简称"公司"或"太湖雪"）于 2025 年 7 月 16 日召开 2025 年第四次临时股东会、第四届董事会第五次会议、2025 年第二次职工代表大会，审议通过了《关于取消监事会并修订〈公司章程〉的议 案》《关于选举胡毓芳女士为代表公司执行公司事务的董事的议案》《关于变更 财务负责人（财务总监）的议案》《关于高级管理人员任命的议案》《关于选举 第四届董事会职工代表董事的议案》《关于调整公司组织架构的议案》，具体内 容详见公司在北京证券交易所信息披露平台（www.bse.cn）披露的《关于取消监 事会并修订〈公司章程〉的公告》（公告编号：2025-077）、《2025 年第四次 临时股东会决议公告》（公告编号：2025-111）、《第四届董事会第五次会议决 议公告》（公告编号：2025-1 ...

证券代码：838262 证券简称：太湖雪 公告编号：2025-127 苏州太湖雪丝绸股份有限公司 关于使用部分闲置自有资金委托理财进展的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 （三）本次披露的标准 根据《北京证券交易所股票上市规则》相关规定，交易的成交金额占上市公 司最近一期经审计净资产的 10%以上且超过 1,000 万元的，应当予以披露；上市 公司连续 12 个月滚动发生委托理财的，以该期间最高余额为成交额，适用上述 标准。 公司本次以闲置自有资金购买的理财产品金额为 4,000.00 万元，截至本公 告日，公司使用闲置自有资金购买理财产品未到期余额为 6,000.00 万元（含本 次购买的理财产品），占公司 2024 年度经审计的归属于上市公司股东的净资产的 18.16%，达到上述披露标准，现予以披露。 二、 本次委托理财情况 （一） 本次委托理财产品的基本情况 一、 授权委托理财情况 （一）审议情况 苏州太湖雪丝绸股份有限公司（以下简称"公司"）于 2025 年 3 月 31 日召 ...

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [5][7]. Core Viewpoints - The company is positioned as a leading brand in the new national silk market, integrating intangible cultural heritage into its development strategy [5][9]. - The company has maintained its status as the top-selling brand of silk quilts in China for six consecutive years, focusing on product design and brand operation [6][9]. - The rise of the "Guochao" economy presents new growth opportunities for the company, particularly through the integration of silk products with cultural elements [9][40]. Summary by Sections 1. Industry Leadership and Business Overview - The company has been deeply engaged in the silk industry for 19 years, focusing on high-value-added business development through research and design, brand promotion, and sales [14][17]. - The main revenue source is silk quilts, which accounted for 54.97% of total revenue in 2024, despite a year-on-year revenue decline of 9.46% [17][21]. 2. Market Dynamics and Growth Drivers - The home textile market is large and fragmented, providing opportunities for leading brands. The domestic market for home textiles reached 1,427.58 billion yuan in 2021 [38][40]. - The silk industry is expected to grow, with a projected market size of approximately 260 billion yuan for silk quilts in 2024, reflecting a 10% year-on-year increase [51][52]. 3. Brand Strength and Sales Strategy - The company has established a robust brand presence, successfully implementing a brand strategy that positions it as the go-to choice for silk quilts [9][34]. - The sales network is comprehensive, with a balanced approach to online and offline channels, and online sales are expected to account for about 50% of total sales in 2024 [6][9]. 4. Financial Projections and Valuation - The company forecasts a net profit of 0.40 billion yuan in 2025, with corresponding P/E ratios of 47.0, 33.2, and 25.0 for 2025-2027 [5][7]. - Revenue projections for 2023-2027 indicate a steady growth trajectory, with expected revenues of 594 million yuan in 2025, reflecting a 15.11% year-on-year increase [5][7].

Investment Rating - The report maintains an "Accumulate" rating for the company [5][11] Core Views - The company has shown significant growth in Q2 2025, with revenue reaching 281 million yuan, a year-on-year increase of 17.75%, and a net profit attributable to shareholders of 18.98 million yuan, up 69.77% year-on-year [6] - The company is positioned as the first silk stock in the North Exchange, with expectations of further market share growth in the domestic market and potential performance contributions from overseas markets [11] Financial Performance Summary - **Revenue and Profit Forecasts**: - 2023A: Revenue of 531 million yuan, net profit of 34 million yuan - 2024A: Revenue of 516 million yuan, net profit of 28 million yuan - 2025E: Revenue of 604 million yuan, net profit of 45 million yuan - 2026E: Revenue of 702 million yuan, net profit of 54 million yuan - 2027E: Revenue of 830 million yuan, net profit of 64 million yuan [5][11] - **Growth Rates**: - Revenue growth rates: 2023A: 56%, 2024A: -3%, 2025E: 17%, 2026E: 16%, 2027E: 18% [5] - Net profit growth rates: 2023A: 9%, 2024A: -18%, 2025E: 61%, 2026E: 19%, 2027E: 18% [5] Business Segment Performance - **Silk Comforters**: - H1 2025 revenue of 157 million yuan, up 22.73%, accounting for 56% of total revenue [9] - Gross margin of 38.26%, up 4.39 percentage points [9] - **Bedding Sets**: - H1 2025 revenue of 70.46 million yuan, up 2.73%, accounting for 25% of total revenue [9] - Gross margin of 43.92%, up 1.73 percentage points [9] - **Silk Accessories**: - H1 2025 revenue of 39.05 million yuan, up 26.29%, accounting for 14% of total revenue [9] - Gross margin of 59.38%, down 3.12 percentage points [9] Market and Channel Analysis - **Domestic Market**: - H1 2025 revenue of 242 million yuan, up 20.96%, with a gross margin of 43.31% [9] - **Online Channels**: - H1 2025 revenue of 149 million yuan, up 29.18%, with a gross margin of 44.17% [10] - **Offline Channels**: - H1 2025 revenue of 130 million yuan, up 6.6%, with a gross margin of 41.99% [10] Operational Efficiency - The company has improved its cash flow from operating activities, turning from -4.39 million yuan in the previous year to 42.06 million yuan in H1 2025, indicating a significant enhancement in operational quality [6] - Inventory turnover days decreased by 37 days compared to the previous year, reflecting improved operational efficiency [10]

Group 1 - In the past month (from July 15 to August 14), 20 companies listed on the Beijing Stock Exchange (BSE) were investigated by institutions, with Minshida being the most notable, attracting 96 participating institutions [1][2] - The types of institutions conducting the research included 16 brokerages, 9 funds, 9 private equity firms, 3 insurance companies, and 2 overseas institutions [1] - The companies that received the most attention after Minshida were Tonghui Electronics, Huami New Materials, and Taihu Snow, with 65, 55, and 40 participating institutions respectively [1] Group 2 - The most frequently investigated companies included Taihu Snow, Hanwei Technology, and Hengli Drilling Tools, each receiving two rounds of institutional research [2] - On average, the companies that were investigated saw an increase of 11.22% in their stock prices over the month, with Hengli Drilling Tools, Huami New Materials, and Guangxin Technology leading the gains at 139.87%, 56.60%, and 31.30% respectively [2] - The average market capitalization of all companies on the BSE was 3.092 billion yuan, while the average market capitalization of the investigated companies was 3.988 billion yuan [2] Group 3 - The average daily turnover rate for the investigated companies was 7.40%, with Hengli Drilling Tools, Wanyuantong, and Guangxin Technology having the highest turnover rates at 21.71%, 16.81%, and 14.96% respectively [2] - A detailed list of investigated companies includes Minshida, Tonghui Electronics, Huami New Materials, and others, with their respective stock prices and percentage changes noted [2][3]