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。 TOPSPORTS INTERNATIONAL HOLDINGS LIMITED 滔搏國際控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號：6110) 2025/26 財政年度第二季度 運營表現 本公告乃滔搏國際控股有限公司（「本公司」，與其附屬公司合稱「本集團」）董事 會（「董事會」）自願發出，以提供本集團 2025/26 財政年度第二季度（由 2025 年 6 月 1 日至 2025 年 8 月 31 日的三個月）之運營情況。 於 2025/26 財政年度第二季度，本集團零售及批發業務之總銷售金額按年同比錄得高 單位數下跌。 截至 2025 年 8 月 31 日，直營門店毛銷售面積較上一季末减少 3.3%，較去年同期減 少 14.1%。 承董事會命 滔 搏 國 際 控 股 有 限 公 司 主席兼首席執行官 于武 香港，2025 年 10 月 22 日 於本公告日期，本公司董事會包括執行董事 ...

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。 中期業績 TOPSPORTS INTERNATIONAL HOLDINGS LIMITED 滔搏國際控股有限公司 (於開曼群島註冊成立的有限公司) (股份代號：6110) 截至 2025 年 8 月 31 日止六個月 中期業績公告 財務摘要 | | | 未經審核 | | | --- | --- | --- | --- | | | | 截至 8 月 31 日止六個月 | | | | | 2025 年 | 2024 年 | | 收入 | 人民幣百萬元 | 12,298.6 | 13,054.7 | | 毛利 | 人民幣百萬元 | 5,037.4 | 5,362.4 | | 經營利潤 | 人民幣百萬元 | 993.8 | 1,120.9 | | 本公司權益持有人應佔利潤 | 人民幣百萬元 | 789.1 | 873.8 | | 毛利率 | % | 41.0 | 41.1 | | 經營利潤率 | % | 8.1 ...

每经AI快讯，港股滔搏涨超4%，截至发稿，涨4.02%，报3.36港元，成交额3093.9万港元。 ...

智通财经APP获悉，滔搏(06110)涨超4%，截至发稿，涨4.02%，报3.36港元，成交额3093.9万港元。 消息面上，滔搏此前宣布拟2025年10月22日举行董事会会议，以（其中包括）审议及批准公司及其附属 公司截至2025年8月31日止六个月未经审核的中期业绩及宣派中期股息（如有）。浦银国际指，在5月底 举行的FY25全年业绩会上，滔搏管理层表示将在FY26"聚焦效率，利润优先"，并给出"FY26净利润额 同比持平、净利率同比改善"的业绩目标。该行认为，公司高股息率捍卫下行风险，Nike触底反弹带来 估值弹性，积极引入细分垂类高端品牌打开长期增长空间。 花旗此前指，今年7月，滔搏成为全球专业头饰及服装品牌Ciele在中国的独家合作伙伴，进一步扩大其 多品牌布局，进军高增长户外/跑步类别(同时还新增SOAR、norda等品牌，营运模式与后三者类似，由 滔搏主导品牌推广、市场营销、全渠道营运及消费者互动)。Salomon鞋类业务增长超预期，进一步验证 滔搏过去一年积极向户外/跑步类别进行策略转型的成效。 ...

Core Insights - The company Tabo officially launched the Nordic high-end outdoor brand Norr na in the Chinese market with the opening of its online flagship store [1] - Simultaneously, a limited-time offline experience space was established in Shanghai's Pudong Kerry City, providing consumers with a seamless shopping experience from online ordering to offline deep engagement [1] Company Summary - Tabo is responsible for the exclusive operation of the Norr na brand in China, indicating a strategic move to capture the growing demand for high-end outdoor products in the region [1] - The launch includes both an online platform and a physical experience space, showcasing a comprehensive approach to retail that combines e-commerce with in-person customer engagement [1] Industry Summary - The entry of Norr na into the Chinese market reflects the increasing interest in high-end outdoor brands, aligning with consumer trends towards premium outdoor experiences [1] - The establishment of an offline experience space suggests a shift in retail strategies within the outdoor industry, emphasizing the importance of experiential shopping in attracting consumers [1]

Core Insights - The opening of the new multi-brand running store, ektos, in Shanghai reflects the strategic adjustment in the store layout of the company [1] - The company has closed a significant number of stores over the past year, with a total of 5,020 operating stores as of February this year, representing an 18.3% year-on-year decrease in total store count [1][2] - The company's revenue for the fiscal year 2024/25 dropped to 27.01 billion yuan, a decline of 6.64% year-on-year, while net profit fell by 42.8% to 1.28 billion yuan [2] Store Strategy - The company has been closing stores while simultaneously increasing the sales area per store by 7.2%, aligning with the industry trend towards larger stores [1] - The new ektos store features a collection of exclusive brands and aims to create a comprehensive retail experience, including facilities for runners and community engagement [5] Brand Performance - The company's performance is closely tied to the overall sluggishness of the sports retail industry, particularly influenced by the sales performance of its core partners, Nike and Adidas, which accounted for 86.3% of total revenue [3] - Nike's revenue in the Greater China region declined by 15%, attributed to decreased foot traffic and increased market competition, while Adidas showed a 14.72% growth in the same period [3] Market Positioning - The company is focusing on niche vertical markets, expanding partnerships with over 20 sports brands, and emphasizing running and outdoor categories to align with the trend of professionalization in China's sports consumption market [3][5] - The ektos store is strategically located near popular running routes, aiming to integrate into the daily activities of runners and foster a running culture [5] Online Expansion - The company has seen double-digit growth in its direct online business, which now accounts for 30% to 40% of overall direct revenue, serving as a crucial supplement to offline channels [6] - The company operates approximately 2,300 mini-program stores and over 500 live-streaming accounts, with significant performance on platforms like Douyin and WeChat [6] Industry Trends - The company’s transformation reflects broader industry trends, moving from reliance on leading brands to a diversified brand matrix and shifting from extensive expansion to refined operations [6] - The focus on vertical markets, enhanced service experiences, and the importance of online channels are becoming irreversible trends in the sports retail industry [6]

Core Viewpoint - The company, Tmall (滔搏), has announced a board meeting scheduled for October 22, 2025, to review and approve its unaudited interim results for the six months ending August 31, 2025, and to declare an interim dividend if applicable [1] Group 1 - The board meeting will take place at The Edge, 6th Floor, M1, 30-34 Kwai Wing Road, Kwai Chung, New Territories, Hong Kong [1] - The meeting will focus on the company's interim performance and potential dividend declaration [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通告的內容概不負責，對其準確性或完整性 亦不發表任何聲明，並明確表示，概不對因本通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。 TOPSPORTS INTERNATIONAL HOLDINGS LIMITED 滔搏國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6110） 滔搏國際控股有限公司 主席兼首席執行官 于武 香港，2025年10月9日 於本通告日期，本公司董事會包括執行董事于武先生及梁錦坤先生、非執行董事盛放先生、翁婉菁女士 及胡曉玲女士，以及獨立非執行董事林耀堅先生、華彬先生及黃偉德先生。 董事會會議通告 滔搏國際控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈，董事會會議將於 2025年10月22日（星期三）在香港新界葵涌葵榮路30-34號The Edge 6樓M1舉行，藉以 （其中包括）審議及批准本公司及其附屬公司截至2025年8月31日止六個月未經審核之 中期業績及宣派中期股息（如有）。 承董事會命 ...

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9月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 滔搏國際控股有限公司 呈交日期: 2025年10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) | 06110 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 20,000,000,000 | HKD | | 0.000001 | HKD | | 20,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 20,000,000,000 | HKD | | 0.000001 | HKD | | 20,000 | 本月底法定/註 ...

Core Insights - The article highlights the increasing visibility and strategic role of Tmall (滔搏) in the Chinese sports retail market, particularly through its involvement in high-profile events like the "NBA Stars China Tour" [1][4] - Tmall is transitioning from a background player to a key partner in brand marketing and consumer engagement, aiming to establish a clear identity among consumers [1][9] Group 1: Tmall's Role and Strategy - Tmall has evolved from merely providing venues for events to actively participating in the planning and execution of marketing activities for NBA stars [1][4] - The company aims to be a "super connector" between brands and consumers, enhancing retail experiences and value output [1][4] - Tmall's collaboration with Nike has deepened, moving beyond simple channel relationships to include joint planning of products, discounts, and sales strategies [2][3] Group 2: Market Dynamics and Consumer Behavior - The Chinese sports retail market is undergoing significant changes, including channel diversification, specialized demand, and digital decision-making [7] - Online consumption is growing rapidly in China, with local platforms influencing consumer purchasing decisions more than in Western markets [5][7] - Tmall is adapting to these changes by enhancing its online presence and developing instant retail capabilities to meet consumer needs [8] Group 3: Brand Positioning and Consumer Engagement - Tmall is shifting its brand role from a passive participant to an active leader in marketing initiatives, including co-branded products and exclusive series [9] - The company is focusing on engaging younger consumers through popular culture and esports, aiming to build a recognizable and influential retail brand [9] - Tmall's strategy now emphasizes proactive consumer engagement, ensuring visibility at critical decision-making points through platforms like Xiaohongshu and Meituan [9]