智通财经获悉，据央视新闻报道，2026年美加墨足球（核心股）世界杯将在6月启幕。从2025年5月开 始，义乌市场上的世界杯订单就陆续而至，如今，球迷服装等世界杯相关体育用品的销售和生产已经进 入"冲刺期"。世界杯带来的消费热潮，让义乌市场里的世界杯周边产品持续走俏。据义乌海关统计， 2025年，义乌市体育用品及设备出口116.5亿元，同比增长20.3%，主要出口国家为美国、巴西、沙特阿 拉伯等。 离2026年美加墨世界杯揭幕还有4个多月，比赛的哨声还没吹响，在义乌国际商贸城，相关的体育用品 已经提前"出线"。浙江聚乐体育科技有限公司负责人骆添乐表示："我们刚推出了五六十款世界杯相关 的产品，有毛绒潮玩、生活日用、纪念周边等多个品类，刚上架一周，就接到了超百万元的订单。" 申洲国际(02313)：为耐克、阿迪达斯等代工足球（核心股）服装，订单稳定性强。 海信家电（核心股）(00921)：2026世界杯全球官方赞助商，连续第三次赞助世界杯。 永嘉集团(03322)：世界杯球迷围巾、旗帜等周边产品制造商，为义乌产业链核心企业。 天虹国际集团(02678)：足球（核心股）服装面料供应商，为世界杯周边产品提供优质面料。 ...

智通财经APP获悉，据央视新闻报道，2026年美加墨足球世界杯将在6月启幕。从2025年5月开始，义乌 市场上的世界杯订单就陆续而至，如今，球迷服装等世界杯相关体育用品的销售和生产已经进入"冲刺 期"。世界杯带来的消费热潮，让义乌市场里的世界杯周边产品持续走俏。据义乌海关统计，2025年， 义乌市体育用品及设备出口116.5亿元，同比增长20.3%，主要出口国家为美国、巴西、沙特阿拉伯等。 离2026年美加墨世界杯揭幕还有4个多月，比赛的哨声还没吹响，在义乌国际商贸城，相关的体育用品 已经提前"出线"。浙江聚乐体育科技有限公司负责人骆添乐表示："我们刚推出了五六十款世界杯相关 的产品，有毛绒潮玩、生活日用、纪念周边等多个品类，刚上架一周，就接到了超百万元的订单。" 目前已经进入了世界杯周期中最忙碌的阶段。据义乌金尊奖杯奖牌负责人陈显春介绍，工厂正在加紧生 产，年前计划将所有订单发货，"春节加上海运的时间，年后再发货的话会比年前发货晚两个月。因此 最近都在赶货，这几天还有客户选择加急，通过航空运输商品。" 据悉，近年来，每逢奥运会、世界杯、欧洲杯、美洲杯等大型赛事，作为全球最大的小商品集散中心， 快速响应全球采 ...

FF301 第 1 頁 共 10 頁 v 1.2.0 公司名稱: Win Hanverky Holdings Limited 永嘉集團控股有限公司（於開曼群島註冊成立的有限公司） 呈交日期: 2026年2月2日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03322 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | HKD | | 0.1 HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 3,000,000,000 | HKD | | 0.1 HKD | | 300,000,000 | 本月底法定/註冊股本總額： HKD 300,000,000 股 ...

Market Overview - The Hong Kong stock market experienced a "V"-shaped movement, with the Hang Seng Index down by 0.99% to 26,578 points, the Hang Seng Tech Index down by 1.15% to 5,755.35 points, and the National Enterprises Index down by 0.85% to 9,142.45 points [1] - Major airline stocks saw significant gains, with China Eastern Airlines up over 9% and China Southern Airlines up 6.5% [1] - Large tech stocks generally declined, with Alibaba down 3.31%, Tencent down 1.13%, and JD.com down 1.23% [1] - Biopharmaceutical stocks also fell, with WuXi Biologics down over 5% [1] - Broker stocks decreased, with Shenwan Hongyuan down over 3% [1] Company News - China Shenhua (01088.HK) expects coal sales to be 431 million tons in 2025, a decrease of 6.4% year-on-year [2] - New China Life Insurance (01336.HK) anticipates cumulative original insurance premium income of 195.899 billion yuan in 2025, a 15% increase year-on-year [3] - Yongjia Group (03322.HK) projects a revenue growth rate of approximately 16% for its high-end fashion retail business in Q4 2025 [4] - Ronshine China (03301.HK) expects total contract sales of about 3.777 billion yuan in 2025, a decrease of 50.96% year-on-year [5] - Tianhong International Group (02678.HK) forecasts a net profit increase of about 60% for the 2025 fiscal year due to a recovery in domestic and international market orders [5] - Quzhi Group (00917.HK) anticipates turning a profit in 2025, with net profit between 270 million to 330 million yuan, compared to a loss of 1.663 billion yuan in the previous year [5] - October Rice Field (09676.HK) expects adjusted net profit of approximately 550 million to 590 million yuan in 2025, a year-on-year increase of about 57.6% to 69.1% [5] - China Boton (03318.HK) issued a profit warning, expecting goodwill impairment losses of no less than 750 million yuan for its tobacco flavoring business in 2025 [5] Institutional Insights - Huatai Securities notes that the core factors driving the market rebound in Q1 remain unchanged, including overall loose financial conditions and improved profit expectations [9] - Tianfeng Securities believes that the Hong Kong market has the basis for a rebound but remains cautious due to high overseas interest rates [9] - Guojin Securities expects the valuation advantages of the Hong Kong market to become more pronounced as the domestic economy recovers and overseas monetary policies turn accommodative [10] - Industrial Securities recommends focusing on leading companies in the AI sector and suggests opportunities in dividend assets and new consumption areas [10]

Market Overview - The Hong Kong stock market opened slightly lower on January 19, with the Hang Seng Index down 0.76% at 26,641.6 points, the Hang Seng Tech Index down 0.77% at 5,777.07 points, the State-Owned Enterprises Index down 0.76% at 9,151.07 points, and the Red Chip Index down 0.4% at 4,122.65 points [1] - Major tech stocks experienced declines, including Alibaba down 2.53%, Tencent down 0.65%, JD.com down 0.53%, Xiaomi down 1.29%, NetEase down 0.83%, Meituan down 1.2%, Kuaishou down 1.53%, and Bilibili down 2.69% [1] - The non-ferrous metals sector was active, with Zijin Mining rising over 3%, while the lithium battery sector saw most stocks increase, with BYD rising over 1% [1] - Some domestic property stocks fell, with Country Garden down over 10%, and the biopharmaceutical sector opened lower, with Tigermed down over 2% [1] Company News - China Shenhua (01088.HK) expects coal sales volume in 2025 to be 431 million tons, a year-on-year decrease of 6.4% [2] - New China Life Insurance (01336.HK) anticipates cumulative original insurance premium income in 2025 to reach 195.899 billion yuan, a year-on-year increase of 15% [3] - Yongjia Group (03322.HK) projects a revenue growth rate of approximately 16% for its high-end fashion retail business in the fourth quarter of 2025 [4] - Ronshine China (03301.HK) expects total contract sales in 2025 to be approximately 3.777 billion yuan, a year-on-year decrease of 50.96% [5] - Tianhong International Group (02678.HK) issued a profit warning, expecting a net profit increase of about 60% for the 2025 fiscal year due to a recovery in domestic and international market orders [5] - Qizhi Group (00917.HK) anticipates turning a profit in 2025, with net profit estimated between 270 million to 330 million yuan, compared to a loss of 1.663 billion yuan in the previous year [5] - October Rice Field (09676.HK) issued a profit warning, expecting adjusted net profit of approximately 550 million to 590 million yuan in 2025, a year-on-year increase of about 57.6% to 69.1% [5] - China Boton (03318.HK) issued a profit warning, expecting goodwill impairment losses of no less than approximately 750 million yuan for its tobacco flavor business in 2025 [5] Strategic Insights - Guojin Securities suggests that the Hong Kong stock market is entering a "spring market" at the beginning of 2026, likely to continue until mid-year, driven by domestic and international easing expectations and policy collaboration [9] - Galaxy Securities anticipates narrow fluctuations in the Hong Kong stock market due to reduced short-term interest rate cut expectations from the Federal Reserve and increased global geopolitical uncertainties [9] - GF Securities views the chemical industry as a typical cyclical sector, predicting a "dawn" phase for the chemical industry amid capital expenditure growth turning negative and a focus on domestic demand expansion [9]

Core Viewpoint - Yongjia Group (03322.HK) reported mixed performance in its high-end fashion retail business, with a notable increase in overall revenue growth driven by wholesale sales to franchisees, despite a decline in same-store sales [1] Group 1: Sales Performance - The same-store sales growth rate for the high-end fashion retail business in Q4 2025 and year-to-date 2025 is approximately +2% and -4% respectively [1] - The overall revenue growth rate for the high-end fashion retail business in Q4 2025 and year-to-date 2025 is approximately +16% and +8% respectively [1] Group 2: Store Operations - As of December 31, 2025, the group operates a total of 75 direct retail stores in the high-end fashion segment, down from 102 stores as of December 31, 2024 [1] - The introduction of a franchise store model for a rapidly growing brand is planned for the second half of 2024 [1]

Core Viewpoint - Yongjia Group (03322) reported mixed performance in its high-end fashion retail business, with a projected same-store sales growth rate of approximately +2% for Q4 2025 and -4% year-to-date in 2025, while overall revenue growth rates for the same periods are expected to be +16% and +8% respectively [1] Group 1: Sales Performance - The same-store sales growth rate for high-end fashion retail is projected at +2% for Q4 2025 [1] - The year-to-date same-store sales growth rate for 2025 is projected at -4% [1] - Overall revenue growth for the high-end fashion retail business is expected to be +16% for Q4 2025 [1] Group 2: Revenue Drivers - The overall revenue growth rate for the high-end fashion retail business year-to-date in 2025 is projected at +8% [1] - The increase in overall revenue growth is primarily driven by wholesale revenue from sales to franchisees of a rapidly growing brand introduced in the second half of 2024 [1]

Core Viewpoint - Yongjia Group (03322) reported mixed performance in its high-end fashion retail business, with a notable increase in overall revenue driven by wholesale sales to franchisees [1] Group 1: Sales Performance - The same-store sales growth rate for direct retail stores in the high-end fashion segment is approximately +2% for Q4 2025 and -4% year-to-date in 2025 [1] - The overall revenue growth rate for the high-end fashion retail business is approximately +16% for Q4 2025 and +8% year-to-date in 2025 [1] Group 2: Business Model Changes - The high-end fashion retail business is introducing a franchise model for a rapidly growing brand in the second half of 2024 [1] - The increase in overall revenue growth year-to-date in 2025 is primarily driven by wholesale revenue from sales to franchisees of the brand [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 本公告乃永嘉集團控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事會 （「董事會」）自願發表，旨在提供本集團的高級時裝零售業務（「高級時裝零售業務」） 截至(1)二零二五年十二月三十一日止三個月（「二零二五年第四季度」）及(2)二零二五 年十二月三十一日止年度（「二零二五年至今」）的最新同店銷售表現。 高級時裝零售業務的直營實體店舖於二零二五年第四季度及二零二五年至今的同店 銷售增長率分別約為+2%及–4%（見下表），而高級時裝零售業務於二零二五年第四 季度及二零二五年至今的整體收益增長率則分別約為+16%及+8%。高級時裝零售 業務於二零二四年下半年為一個快速增長的品牌引入特許經營店模型。二零二五年 至今的整體收益增長率上升，主要由銷售予該品牌特許經營方的批發收益所帶動。 — 1 — 高級時裝零售業務的直營實體店舖在不同地區分部的同店銷售增長率如下： Win Hanverky Holding ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年12月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: Win Hanverky Holdings Limited 永嘉集團控股有限公司（於開曼群島註冊成立的有限公司） 呈交日期: 2026年1月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 03322 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 3,000,000,000 | HKD | | 0.1 HKD | | 300,000,000 | | 增加 / 減少 (-) | | | 0 | | | HKD | | 0 | | 本月底結存 | | | 3,000,000,000 | HKD | ...