1 1. 委員會由本公司董事（「董事」）會（「董事會」）不時委任的三名委員組成，而過 半數須為獨立非執行董事。 2. 董事會須指定委員會的其中一名成員（且彼為獨立非執行董事或董事會主席）為委員 會主席。 波司登國際控股有限公司 （「本公司」） 提名委員會（「委員會」）的職權範圍及運作模式 成員 會議次數及議事程序 職責、權力及職能 7. 委員會須 – (a) 制定有關物色、甄選及提名選任董事的人選的提名政策供董事會考慮，並執行 及檢討經董事會批准的提名政策； (b) 因應香港聯合交易所證券上市規則(「上市規則」)的規定，按情況制定、檢討 及更新本公司之董事會成員多元化政策(「董事會成員多元化政策」)供董事會 批准， 並檢討及更新董事會為落實該政策而制定的目標，以及監察達成目標的 進度； 及 (c) 在不影響上述一般性的情況下： 11. 委員會主席應出席本公司股東週年大會(「股東週年大會」)，並準備回答股東 就委員 會工作與活動提出的任何問題。若委員會主席缺席，其代表或委員會的其他成員應出 席股東週年大會並回答股東的問題。 ─ 完 ─ 3. 委員會每年須召開會議至少一次；若因工作需要，委員會應召開額外會議。 4 ...

波司登國際控股有限公司 （「本公司」） 審計委員會（「委員會」）的職權範圍及運作模式 成員 以日期較後者為準。 會議次數及議事程序 1 1. 委員會由本公司董事（「董事」）會（「董事會」）委任的不少於三名成員組成，全部 須為非執行董事。 2. 董事會過半數須為《香港聯合交易所有限公司證券上市規則》（「上市規則」）所指的 獨立非執行董事，其中又至少要有一名是如《上市規則》第 3.10(2)條所規定具備適當專 業資格， 或具備適當的會計或相關的財務管理專長的獨立非執行董事。 3. 委員會主席須由董事會委任並且由獨立非執行董事出任。 4. 本公司現時聘用之核數公司的前任合夥人在以下日期起計兩年內，不得擔任委員會的成 員： (a) 終止成為該公司合夥人的日期；或 (b) 不再享有該公司任何財務利益的日期， 責任 職責 、權力及職能 2 9. 委員會獲授權按其職權範圍調查與集團有關的任何活動，集團所有僱員均須與委員會合 作。委員會獲董事會授權在其認為有需要時尋求外界法律或其他獨立專業顧問的意見， 以及邀請具備相關經驗及專業知識的外界人士出席會議。 10. 委員會須向董事會匯報其注意到而又重要至應向董事會提出的任何懷疑不 ...

Core Insights - The 2025 Industrial Internet Conference was held in Suzhou, focusing on "Digital Intelligence Innovation Deepening Empowerment - High-Quality Promotion of New Industrialization" [1] - Bosideng's chairman, Gao Dekang, emphasized the importance of digital transformation in the textile industry, presenting Bosideng as a model for integrating industrial internet into traditional manufacturing [2] Group 1: Digital Transformation and Industrial Internet - Bosideng established "Intelligent Transformation and Networking" as a core strategy in 2018, integrating industrial internet and AI with traditional business models [2] - The company aims to reshape the textile industry by achieving a digitalized supply chain that centers around consumer needs, becoming the only textile enterprise listed in the Ministry of Industry and Information Technology's "Digital Transformation Typical Case Collection" [2] Group 2: AI and Design Innovation - Bosideng collaborated with Zhejiang University to create the "BSD.AI Aesthetic Brain," an AI model that streamlines the design process, reducing sample development time from 100 days to 27 days and cutting costs by over 60% [3] - The first AI-designed product, a single-shell jacket, became a bestseller, showcasing the successful integration of technology and design [3] Group 3: Smart Manufacturing - Bosideng's Changshu smart factory achieved a 90% automation rate in key production processes, with a product delivery cycle reduced to 7-10 days [3] - The company has developed a near-zero carbon demonstration factory, receiving national certifications for green manufacturing and supply chain practices [3] Group 4: New Retail and Consumer Insights - Bosideng is leveraging full-domain digitalization to enhance consumer insights and marketing capabilities, utilizing over 3,000 smart terminals to create an omnichannel retail experience [4] - The AI shopping assistant provides personalized outfit recommendations based on a large member database, significantly increasing customer repurchase rates [4] Group 5: Future Goals and Industry Impact - Bosideng aims to further deepen the application of AI, big data, and IoT technologies to enhance operational efficiency and support the digital transformation of upstream and downstream SMEs in the textile industry [4] - The company is committed to transitioning from "Made in China" to "Intelligent Manufacturing in China," positioning itself as a leader in the global textile market [4]

Core Insights - The demand for sun-protective clothing is rising as summer approaches, with brands like JiaoXia leading in sales on platforms like Tmall during the 618 shopping festival [1][2] - The domestic sun-protective clothing market is projected to reach 95.8 billion yuan by 2026, with sun-protective clothing accounting for over 50% of this market [1] Market Trends - Various brands, including JiaoXia, Anta, Li Ning, and Bosideng, are increasing their presence in the sun-protective clothing market, indicating a competitive landscape [2][3] - The market is becoming more concentrated as low-cost private label brands exit, while the average price of sun-protective clothing has decreased, with a focus on the 100-200 yuan price range [2] Product Diversification - Sun-protective clothing has expanded beyond outdoor activities to everyday wear, attracting a broader consumer base [3] - Brands are enhancing their product lines with unique features, such as JiaoXia and Camel focusing on outdoor aesthetics, while Anta emphasizes functionality [3] Sales Performance - Bosideng reported significant growth in its sun-protective clothing sales, increasing from 100 million yuan in FY2022 to 1 billion yuan in FY2024 [3][4] - The trend of expanding into sun-protective clothing is also seen in brands traditionally known for other categories, such as Bosideng and South Pole E-commerce [4] Pricing Dynamics - The price range for sun-protective clothing varies widely, with 70% of sales occurring for items priced below 200 yuan [8] - High-end brands like Arc'teryx and KAILAS maintain premium pricing, while overall market competition has led to a decrease in prices across various brands [9][10] Consumer Preferences - Consumers are increasingly looking for sun-protective clothing that offers more than just UV protection, seeking stylish designs and advanced fabric technology [11]

Core Viewpoint - The article highlights the integration of artificial intelligence (AI) in the fashion industry, particularly in the production and design processes, showcasing how companies like Bosideng are leveraging technology to enhance product functionality and efficiency [7][8][11]. Group 1: AI and Fashion Industry - AI is becoming a key topic in the fashion industry, with projections indicating that the global AI fashion market will reach $4.95 billion by 2028 [8]. - AI technologies are being utilized across various stages of fashion production, from design inspiration to virtual fitting solutions [9][10]. - Bosideng has introduced AI-generated designs, significantly reducing development time from 100 days to 27 days and cutting sample development costs by over 60% [10][11]. Group 2: Technological Innovations in Apparel - Bosideng has developed dynamic thermal technology to address the challenges of extreme cold, enhancing the functionality of their down jackets [12][13]. - The company has over 1,600 patents and has participated in the formulation of more than 60 international and national standards, demonstrating its commitment to innovation [14]. - Recent advancements include smart temperature control clothing that adjusts based on environmental conditions and user activity [14][16]. Group 3: Smart Manufacturing and Production Efficiency - Bosideng's smart manufacturing facility can produce up to 8,000 down jackets daily, utilizing an industrial internet platform for efficient order management [19]. - The production process involves over 150 steps, with a high degree of automation, achieving a 90% automation rate in key operations [18]. - The integration of digital technologies has improved production efficiency by 40% while reducing defect rates to one-third of traditional factories [19][21]. Group 4: Consumer Experience and Customization - The introduction of 3D virtual fitting technology allows consumers to try on clothes digitally, enhancing the shopping experience [20][21]. - Companies are increasingly focusing on personalized designs based on consumer data, enabling a shift towards customized apparel solutions [10][21].

Group 1 - The core viewpoint emphasizes that Bosideng is actively enhancing brand building and product innovation to meet consumers' personalized, quality, and diversified needs [1] - In 2018, Bosideng embraced digital transformation, establishing "intelligent transformation and network integration" as its development strategy, integrating big data and AI with traditional down jacket production to create a consumer-centric supply chain [1] - The company recognizes that digital transformation is not just about technological breakthroughs but requires a systematic reconstruction and value co-creation within the textile and apparel industry [1] Group 2 - Bosideng is committed to further deepening the application of AI, big data, and IoT technologies to enhance operational efficiency and quality [2] - The company aims to play a leading role in the industry chain, supporting upstream and downstream SMEs in accelerating their digital transformation and promoting the upgrade of the textile and apparel industry [2]

Core Viewpoint - The company has successfully implemented a digital transformation strategy that enhances supply chain efficiency, allowing for a rapid delivery of down jackets within 72 hours, significantly shorter than the industry average of 20 days [1][2]. Group 1: Supply Chain and Production Efficiency - The company has established its own industrial internet platform that connects suppliers, processing plants, and franchisees, creating a consumer-centric digital supply chain [1]. - The smart manufacturing facility in Changshu has nearly 2000 interconnected devices, with an automation rate exceeding 90%, enabling the production of up to 8000 down jackets per day [1][2]. - The production process involves at least 150 steps, with a maximum production time of 48 hours to meet the 72-hour delivery promise [2]. Group 2: Logistics and Automation - The logistics system of the company boasts a 90% automation level, capable of handling up to 1 million items per day, including automated weighing, sampling, and sorting [3]. - The company has developed an intelligent logistics system that integrates automated packaging and smart delivery processes [3]. Group 3: Customization and Consumer Engagement - The company has opened a concept store in Beijing that offers customization services, allowing consumers to modify their purchases through a mini-program that tracks the customization process in real-time [3]. - The company provides repair and alteration services even for customers in cities without physical stores, enhancing consumer satisfaction [3]. Group 4: Design and Innovation - The company has developed an AI model that streamlines the design process, reducing the sample development time from 100 days to 27 days and cutting development costs by over 60% [4]. - Last year, the company launched 8 AI-generated patterns and 9 AI-designed garments, showcasing its commitment to innovation in product development [4].

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份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。 董事會會議通告 波司登國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）特此公告， 本公司將於2025年6月26日（星期四）召開董事會會議，藉以（其中包括）審議並批准本公 司及其附屬公司截至2025年3月31日止年度的業績公告 、 末期股息分配的建議（如有），並 處理任何其他事宜。 承董事會命 波司登國際控股有限公司 董事局主席 高德康 香港，2025年6月11日 於本公告日期，本公司執行董事為高德康先生、梅冬女士、黃巧蓮女士、芮勁松先生及高曉東先生；獨立 非執行董事為董炳根先生、王耀先生及魏偉峰博士。 ...

Group 1 - The Hong Kong stock market experienced a strong upward trend, particularly in sectors such as short videos, e-commerce, automotive, and domestic fashion, with significant gains in stocks like Kuaishou-W, Meituan-W, and Li Auto-W [1] - The Hong Kong Consumption ETF (159735) showed a high turnover rate exceeding 7%, indicating strong market interest and activity [1] - New consumption and value growth are expected to progress in parallel, with structural benefits driven by new channels and product innovations, particularly in snacks, health products, and food additives [1] Group 2 - Traditional food and beverage leaders are achieving robust growth through strong product innovation and channel expansion, particularly in the beer and beverage sectors [1] - The Hong Kong Consumption ETF tracks the Hong Kong Consumption Index, which reflects a higher proportion of new consumption categories compared to the A-share market, focusing on e-commerce, consumer electronics, new energy vehicles, and more [1] - Recent policy directions emphasize increasing income for low- to middle-income groups and developing service consumption, indicating that consumption, especially service consumption, will be a key focus for future economic policies [2]

Core Viewpoint - The company, Guqi Down Material, is a leading player in the down material industry in China, focusing on high-specification down products and has established partnerships with major brands in the down clothing and bedding sectors [2][3]. Group 1: Company Overview - Guqi Down Material specializes in the research, production, and sales of high-quality down products, primarily goose down and duck down, used in clothing and bedding [2]. - The company targets the mid-to-high-end market and has developed relationships with top brands such as HLA, Semir, and Bosideng [2]. - Guqi Down Material is the only company in the down processing industry involved in the formulation of new national standards for down clothing [2]. Group 2: Market Position and Performance - The company is recognized as one of the four key enterprises in the domestic down processing industry, supplying approximately 12% of the down clothing market in 2022 [2]. - The company reported a market capitalization of 2.416 billion yuan and an issuance price of 12.08 yuan per share, with an issuance P/E ratio of 14.65 [1]. Group 3: Financial Information - The company plans to invest 2.82 billion yuan in a project for the annual production of 2,800 tons of functional down, with a projected revenue growth rate of 56.21% [1]. - The company has also allocated 0.54 billion yuan for upgrading its technology and R&D center, expecting a growth rate of 10.86% [1]. - Guqi Down Material has faced challenges with fluctuating down prices, which have increased in 2023 compared to 2022, and are expected to remain high in 2024 [2]. Group 4: Employee Benefits and Compliance - The company has reported instances of some employees not contributing to social insurance and housing funds, with unpaid amounts decreasing from 212,400 yuan in 2021 to 58,400 yuan in the first half of 2024 [3]. - The reasons for non-payment include voluntary participation in alternative insurance programs by rural employees and the status of new hires [3].