Market Overview - On November 18, the professional services sector declined by 0.44% compared to the previous trading day, with Zhongfangbiao leading the decline [1] - The Shanghai Composite Index closed at 3939.81, down 0.81%, while the Shenzhen Component Index closed at 13080.49, down 0.92% [1] Stock Performance - Notable gainers in the professional services sector included: - N Beikang (code: 920160) with a closing price of 26.50, up 295.52% and a trading volume of 225,500 shares, totaling 660 million yuan [1] - Shibu Testing (code: 301228) with a closing price of 42.20, up 9.41% and a trading volume of 125,300 shares, totaling 511 million yuan [1] - Ruijian Jumi (code: 300795) with a closing price of 15.18, up 3.97% and a trading volume of 143,400 shares, totaling 215 million yuan [1] - Major decliners included: - Zhongfangbiao (code: 920122) with a closing price of 40.59, down 4.09% and a trading volume of 12,900 shares, totaling 53.49 million yuan [2] - Zhonggang Tianyuan (code: 002057) with a closing price of 10.61, down 3.55% and a trading volume of 242,800 shares, totaling 260 million yuan [2] - Guangdong Jianke (code: 301632) with a closing price of 26.52, down 3.35% and a trading volume of 43,900 shares, totaling 118 million yuan [2] Capital Flow - The professional services sector experienced a net outflow of 128 million yuan from institutional investors, while retail investors saw a net inflow of 60.56 million yuan [2][3] - Key stocks with significant capital flow included: - Shibu Testing (code: 301228) with a net inflow of 44.94 million yuan from institutional investors [3] - Xin Ce Biao (code: 300938) with a net inflow of 31.01 million yuan from institutional investors [3] - Mi Ao Exhibition (code: 300795) with a net inflow of 7.84 million yuan from institutional investors [3]

Core Insights - The professional services sector experienced a decline of 0.91% on November 4, with Zhongfangbiao leading the drop [1] - The Shanghai Composite Index closed at 3960.19, down 0.41%, while the Shenzhen Component Index closed at 13175.22, down 1.71% [1] Sector Performance - Key stocks in the professional services sector showed mixed performance, with notable gainers including: - Kaipu Testing (Code: 003008) up 1.72% at 23.03 [1] - Lansheng Co. (Code: 600826) up 1.52% at 66.11 [1] - Weirong Testing (Code: 301289) up 1.11% at 63.60 [1] - Conversely, Zhongfangbiao (Code: 920122) led the decline, down 3.85% at 39.71 [2] - Other significant decliners included: - Guangdian Jizhong (Code: 002967) down 3.48% at 20.51 [2] - Fengshang Culture (Code: 300860) down 3.12% at 27.94 [2] Capital Flow - The professional services sector saw a net outflow of 91.21 million yuan from institutional investors, while retail investors contributed a net inflow of 9.71 million yuan [2] - Notable capital movements included: - Xince Standard (Code: 300938) with a net inflow of 62.56 million yuan from institutional investors [3] - Ancha Testing (Code: 300572) with a net inflow of 22.83 million yuan from institutional investors [3] - Retail investors showed a net outflow in several stocks, including: - Ancha Testing with a net outflow of 28.78 million yuan [3] - Guojian Group (Code: 603060) with a net outflow of 54.95 thousand yuan [3]

Core Viewpoint - A block trade of 80,000 shares of Zhongfangbiao (920122) occurred on October 22, with a transaction amount of 3.2368 million yuan, at a price of 40.46 yuan per share, representing a discount of 2.51% compared to the closing price of the day [2] Group 1: Trade Details - The block trade involved a total volume of 80,000 shares and a transaction value of 3.2368 million yuan [2] - The transaction price was set at 40.46 yuan, which is 2.51% lower than the closing price of 41.50 yuan [2] - The buyer was CITIC Securities Co., Ltd. Beijing Hujialou Securities Business Department, while the seller was Shenwan Hongyuan Securities Co., Ltd. Beijing Dongsi Huan Zhonglu Securities Business Department [2] Group 2: Company Performance - Zhongfangbiao's stock closed at 41.50 yuan on the same day, reflecting an increase of 1.82% [2] - The stock had a turnover rate of 7.90% and a total transaction amount of 119 million yuan for the day [2] - Over the past five days, the stock has accumulated a rise of 4.61% [2] Group 3: Company Background - Zhongfangbiao Inspection and Certification Co., Ltd. was established on September 23, 2004, with a registered capital of 92.242108 million yuan [2]

Group 1 - A block trade occurred on October 22, 2025, for the company Zhongfangbiao (stock code: 920122), with a closing price of 41.5 yuan per share [1] - The transaction price was 40.46 yuan per share, with a total volume of 80,000 shares, resulting in a transaction amount of 3.2368 million yuan, reflecting a discount of 2.51% [1] - The buying brokerage was CITIC Securities Co., Ltd. Beijing Hujialou Securities Branch, while the selling brokerage was Shenwan Hongyuan Securities Co., Ltd. Beijing Dongsi Huan Zhonglu Securities Branch [1]

| 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 603373 | 安邦护卫 | 48.58 | -1.00% | 1.34万 | 6458.52万 | | 600861 | 北京人力 | 18.71 | -0.58% | 3.40万 | 6358.55万 | | 300416 | 苏试试验 | 16.41 | 0.24% | 10.33万 | 1.70亿 | | 300797 | 钢研纳克 | 17.41 | 0.46% | 6.11万 | 1.06亿 | | 002967 | 广电计重 | 20.55 | 0.78% | 10.23万 | 2.10亿 | | 300662 | 科锐国际 | 27.54 | 0.92% | 3.53万 | 9672.92万 | | 300860 | 锋尚文化 | 26.74 | 1.10% | 1.18万 | 3129.65万 | | 301115 | 联检科技 | 16.55 | 1.22% | 2.83万 | 4660.91万 | | 300938 | 信测 ...

Core Viewpoint - The textile raw material testing industry is crucial for ensuring the quality and safety of textile products, with increasing market demand driven by consumer awareness and regulatory requirements [1][4]. Industry Overview - Textile raw material testing is defined as a series of physical, chemical, and performance tests on fibers, yarns, and fabrics to ensure compliance with relevant standards and regulations [2]. - The industry has seen a continuous growth in market demand, with the number of testing reports expected to reach 211,600 in 2024, an increase of 4,900 from 2023, and a market size of 43.3 billion yuan, up by 500 million yuan [4][6]. Market Trends - The average price of textile raw material testing is projected to rise from 425 yuan per report in 2016 to 489 yuan in 2024, with an expected increase to 495 yuan in 2025 [4][6]. - The industry is evolving towards faster and more precise testing technologies, such as near-infrared online testing and molecular-level component analysis, in response to consumer demands for safety, functionality, and environmental sustainability [4][9]. Competitive Landscape - The textile raw material testing industry in China is characterized by a low concentration of firms, with numerous players including China Textile Science Research Institute, CTI Huace Testing, and Zhongfang Biao Testing [7]. - Major companies like Zhongfang Biao and Tianfang Biao are expanding their market presence and improving operational efficiency, with Zhongfang Biao reporting a revenue of 164 million yuan and a gross margin of 48.42% in 2024 [8]. Industry Challenges and Strategies - The industry faces challenges in adapting existing testing standards and methods to new textile materials and manufacturing technologies, which may hinder the timely assessment of product quality and safety [9]. - Continuous improvement and innovation in testing methods are essential for meeting consumer demands and ensuring the sustainable development of the textile industry [9][10].

申万宏源证券承销保荐有限责任公司 关于中纺标检验认证股份有限公司 | 项目 | 工作内容 | | --- | --- | | | 交易出具核查意见。 | | 7、其他保荐工作 | 认真履行中国证监会以及证券交易所要求的 其他工作，配合向监管机构报送持续督导工作 | | | 的相关报告。 | 二、发现的问题及采取的措施 | 事项 | 存在的问题 | 采取的措施 | | --- | --- | --- | | 1、信息披露 | 无 | 不适用 | | 2、公司内部制度的建立和执行 | 无 | 不适用 | | 3、股东会董事会运作 | 无 | 不适用 | | 4、控制权变动 | 无 | 不适用 | | 5、募集资金使用 | 无 | 不适用 | | 6、关联交易 | 无 | 不适用 | | 7、对外担保 | 无 | 不适用 | | 8、购买出售资产 | 无 | 不适用 | | 9、对外投资 | 无 | 不适用 | | 10、发行人或者其聘请的中介机构配合保荐工作的情况 | 无 | 不适用 | | 11、其他（包括经营环境、业务发展、财务状况、管理状况、 | 无 | 不适用 | | 核心技术等方面的重大变化情况） | ...

持股 5%以上股东减持股份结果公告 本公司及董事会全体成员及相关股东保证公告内容不存在虚假记载、误导性陈 述或重大遗漏，并对其内容的真实、准确和完整承担个别及连带责任。 一、 减持主体减持前基本情况 | 股东名称 | 股东身份 | 持股数量 | 持股比例 | 当前持股股份来源 | | --- | --- | --- | --- | --- | | | | （股） | （%） | | | 中纺院（天津） | 持股 5%以上股 | | 6.50% | 北京证券交易所上 | | 科技发展有限 | 东、控股股东一 | 6,000,000 | | 市前取得 | | 公司 | 致行动人 | | | | 二、 减持计划的实施结果 （一） 股东因以下原因披露减持计划实施结果： √减持计划实施完毕 □减持时间区间届满 证券代码：873122 证券简称：中纺标 公告编号：2025-080 | | | 减持 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 数量 | 减 | | 减持 | | 减持 | | 当前 | ...

Core Viewpoint - The company reported a decline in revenue but an increase in net profit, indicating a potential shift in operational efficiency and profitability despite lower sales [1] Financial Performance - The company's operating revenue for the first half of 2025 was 87.97 million yuan, a year-on-year decrease of 4.52% [1] - The net profit attributable to shareholders was 8.26 million yuan, reflecting a year-on-year increase of 33.23% [1] - The net profit after deducting non-recurring gains and losses was 5.36 million yuan, showing a year-on-year growth of 40.19% [1] - Basic earnings per share were 0.09 yuan [1] - Total assets at the end of the reporting period amounted to 395.86 million yuan, a slight decrease of 0.33% compared to the beginning of the reporting period [1] Business Overview - The company specializes in providing inspection and testing technical services for light textile products as an independent third-party professional institution [1] - Main business activities include inspection, testing, and certification services for textile and light industrial products, calibration of textile instruments, and sales of testing consumables [1] - The customer base includes domestic and international brand clothing companies, upstream and downstream supply chain enterprises, central enterprises, and government agencies [1] - Testing product applications extend beyond everyday use and industrial applications to special fields and environments such as aerospace and extreme cold [1] - The company also develops and sells textile standard substances to meet customer demands for textile standards and standard substances [1]

中纺标检验认证股份有限公司 证券代码：873122 证券简称：中纺标 公告编号：2025-075 第三届董事会第十六次会议决议公告 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。 一、会议召开和出席情况 7.召开情况合法、合规、合章程性说明： 会议的召集、召开及议案审议程序符合《公司法》和《公司章程》的有关规 定。 （二）会议出席情况 2.会议召开地点：公司会议室 会议应出席董事 5 人，出席和授权出席董事 5 人。 3.会议召开方式：现场与视频相结合的方式召开 4.发出董事会会议通知的时间和方式：2025 年 8 月 15 日以书面方式发出 5.会议主持人：董事长马咏梅女士 6.会议列席人员：董事会秘书及其他高级管理人员 （一）会议召开情况 1.会议召开时间：2025 年 8 月 26 日 平台 （http://www.bse.cn）披露的《2025 年半年度报告》及《2025 年半年度报 告摘要》。 2.议案表决结果：同意 5 票；反对 0 票；弃权 0 票。 本议案经董事会审计与风险委员会审议通过 ...