Financial Performance - The company's operating revenue for the third quarter was ¥667,493,786.48, a decrease of 24.16% year-on-year[4]. - Total profit for the quarter was ¥46,916,945.07, down 36.84% compared to the same period last year[4]. - Net profit attributable to shareholders was ¥17,539,680.42, reflecting a decline of 54.25% year-on-year[4]. - The basic earnings per share for the quarter was ¥0.0402, a decrease of 54.25% compared to the same period last year[4]. - Total operating revenue for the first three quarters of 2025 was CNY 1,848,048,444.99, a decrease of 20.1% compared to CNY 2,313,482,032.58 in the same period of 2024[18]. - Net profit for the first three quarters of 2025 was CNY 67,850,495.54, a decline of 29.5% compared to CNY 96,281,139.74 in the same period of 2024[18]. - The company's basic earnings per share of CNY 0.0759 for the first three quarters of 2025, down from CNY 0.1310 in the same period of 2024[18]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,192,184,051.98, an increase of 0.90% from the end of the previous year[4]. - The company's total assets as of September 30, 2025, amounted to CNY 3,192,184,051.98, slightly up from CNY 3,163,772,349.08 at the end of 2024[16]. - Total liabilities decreased to CNY 718,567,000.43 as of September 30, 2025, from CNY 898,798,567.82 at the end of 2024, representing a reduction of 20.0%[16]. Cash Flow - The net cash flow from operating activities for the year-to-date was -¥56,920,355.34, a decrease of 120.84% compared to the same period last year[4]. - In the first three quarters of 2025, the net cash flow from operating activities was -56,920,355.34 RMB, compared to 273,072,382.94 RMB in the same period of 2024, indicating a significant decline[20]. - Total cash inflow from operating activities in 2025 was 2,080,381,831.23 RMB, down from 2,784,990,235.27 RMB in 2024, representing a decrease of approximately 25.3%[20]. - Cash outflow from operating activities totaled 2,137,302,186.57 RMB in 2025, compared to 2,511,917,852.33 RMB in 2024, reflecting a decrease of about 15%[20]. - The company reported a total cash inflow from operating activities of 2,080,381,831.23 RMB, while cash outflow was 2,137,302,186.57 RMB, leading to a negative cash flow[20]. Inventory and Costs - Total operating costs for the first three quarters of 2025 were CNY 1,783,728,609.52, down 20.5% from CNY 2,241,796,400.06 in the previous year[18]. - The company's inventory decreased to CNY 271,292,501.65 as of September 30, 2025, from CNY 409,774,151.33 at the end of 2024, indicating a reduction of 33.8%[16]. Other Income and Gains - Non-recurring gains and losses for the quarter amounted to ¥8,354,013.52, with significant contributions from government subsidies[9]. - The company reported a significant increase of 892.46% in net profit attributable to shareholders after deducting non-recurring gains and losses for the quarter[10]. - Other comprehensive income after tax for the first three quarters of 2025 was CNY 184,100,774.75, significantly higher than CNY 11,285,889.37 in the same period of 2024[18]. Cash Management - The net cash flow from investing activities was 115,080,628.62 RMB in 2025, a significant increase from 20,195,329.14 RMB in 2024[20]. - Cash inflow from investing activities in 2025 was 123,487,670.37 RMB, compared to 24,765,090.89 RMB in 2024, marking a substantial increase[20]. - Cash inflow from financing activities was 72,563,554.58 RMB in 2025, a decrease from 456,558,889.33 RMB in 2024, indicating a decline of approximately 84.2%[20]. - The net cash flow from financing activities was -115,167,331.63 RMB in 2025, compared to -476,741,797.85 RMB in 2024, showing an improvement in cash flow management[20]. - The ending cash and cash equivalents balance for 2025 was 623,481,308.82 RMB, an increase from 546,970,214.13 RMB in 2024[20]. Product Development and Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[4]. - The company did not apply new accounting standards or interpretations for the year 2025[21].

江苏苏豪时尚集团股份有限公司 二零二五年第三次临时股东会 会 议 文 件 二零二五年十一月六日 2025 年第三次临时股东会会议文件 江苏苏豪时尚集团股份有限公司 二零二五年第三次临时股东会会议议程及有关事项 一、会议时间： 现场会议时间：2025 年 11 月 6 日（星期四）下午 14:30 网络投票时间： 1、采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间 为 2025 年 11 月 6 日（星期四）9:15-9:25，9:30-11:30，13:00-15:00； 2、通过互联网投票平台的投票时间为 2025 年 11 月 6 日（星期四）9:15-15:00。 二、会议方式：现场投票方式，网络投票方式（上海证券交易所股东大会网 络投票系统） 三、现场会议地点：南京市软件大道 21 号 B 座 1 楼会议室 四、现场会议支持人：董事长李炎洲先生 五、出席人员： 1、截至 2025 年 10 月 30 日收市后在中国证券登记结算有限责任公司上海分 公司登记在册的公司全体股东； 2、已登记而无法出席会议的股东，可书面委托代理人出席，代理人不必是 公司的股东； 3、公司部分董事和高级管理人员 ...

Core Viewpoint - The establishment of the Egypt garment production base project by Soho Fashion marks a significant step in the company's strategy for professionalization and internationalization, responding to the "Belt and Road" initiative and enhancing its global supply chain in the textile and apparel industry [1][2] Group 1: Project Overview - The Egypt garment production base project officially commenced on October 27 in the Suez Canal Economic Zone, with participation from the China Textile Import and Export Chamber [1] - The project aims to create a modern production base that includes workshops for clothing and home textile products, exhibition halls, office spaces, and supporting facilities, expected to be operational by Q3 2026 [2] Group 2: Strategic Importance - The project is a key initiative for Soho Fashion to solidify and expand its global supply chain, leveraging Egypt's unique position as the only fully vertically integrated textile industry in the MENA region [1] - The Suez Canal Economic Zone is highlighted as a critical node for Chinese enterprises looking to establish a presence in the Middle East and African markets under the "Belt and Road" framework [1] Group 3: Collaboration and Future Plans - The project management services will be provided by Soho Asset Operation Group, which is part of the Soho Holding Group, utilizing its extensive experience in project construction and management [2] - The collaboration aims to create a new model for resource complementarity and integrated development among the subsidiaries of Soho Holding Group, supporting the group's global expansion [2]

Core Viewpoint - The trade sector experienced a decline of 0.66% on October 24, with Dongfang Chuangye leading the drop, while the Shanghai Composite Index rose by 0.71% and the Shenzhen Component Index increased by 2.02% [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 3950.31, marking an increase of 0.71% [1]. - The Shenzhen Component Index closed at 13289.18, reflecting a rise of 2.02% [1]. Group 2: Trade Sector Stocks - The trade sector saw mixed performance among individual stocks, with notable movements including: - Chimeida (600710) closed at 10.42, up by 2.46% with a trading volume of 345,500 shares and a transaction value of 361 million yuan [1]. - Kairuide (002072) closed at 7.50, up by 0.81% with a trading volume of 65,400 shares [1]. - CITIC Metal (601061) closed at 11.58, up by 0.26% with a trading volume of 425,100 shares [1]. - Wukuang Development (600058) closed at 9.08, down by 0.22% with a trading volume of 86,600 shares [1]. - Zhongcheng Co., Ltd. (000151) closed at 12.66, down by 0.71% with a trading volume of 44,300 shares [1]. - Yiyaton (002183) closed at 5.13, down by 0.97% with a trading volume of 989,300 shares [1]. - Jiangsu Guotai (002091) closed at 8.50, down by 1.05% with a trading volume of 189,400 shares [1]. - Shisuo Huihong (600981) closed at 2.98, down by 1.32% with a trading volume of 218,600 shares [1]. - Sumong Hongye (600128) closed at 10.84, down by 1.45% with a trading volume of 51,800 shares [1]. - Shisuo Fashion (600287) closed at 5.60, down by 1.75% with a trading volume of 42,900 shares [1]. Group 3: Capital Flow - The trade sector experienced a net outflow of 84.1855 million yuan from main funds, while retail funds saw a net inflow of 61.556 million yuan [3]. - Speculative funds recorded a net inflow of 22.6296 million yuan [3].

Group 1 - The company will hold its third extraordinary general meeting of shareholders on November 6, 2025 [2][10] - The meeting will be conducted using a combination of on-site and online voting methods [2][3] - The online voting will take place on the same day as the meeting, with specific time slots for trading system and internet platform voting [3][4] Group 2 - The meeting will review several proposals, including adjustments to the 2020 restricted stock incentive plan and the repurchase of certain restricted stocks [19][22] - The company plans to repurchase and cancel a total of 2,051,900 shares of restricted stock due to unmet performance targets [22][39] - The repurchase price for the restricted stock is set at 2.80 yuan per share, with a total expenditure of approximately 5.75 million yuan sourced from the company's own funds [39][40] Group 3 - The company intends to change its registered capital and amend its articles of association following the repurchase of restricted stocks [72] - The total number of shares will decrease from 438,847,974 to 436,796,074, and the registered capital will be reduced accordingly [72] - This change has been approved by the board and will be submitted for shareholder approval at the upcoming meeting [72]

Meeting Information - The third extraordinary general meeting of shareholders for 2025 will be held on November 6, 2025, at 14:30 [2] - The meeting will be conducted using a combination of on-site and online voting methods [2] - The location for the on-site meeting is Nanjing, Software Avenue, Building B, 1st Floor [2] Voting Procedures - Online voting will be conducted through the Shanghai Stock Exchange's shareholder meeting voting system, available from 9:15 to 15:00 on the day of the meeting [3] - Shareholders can vote via the trading system or the internet voting platform [7][8] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts [7] Meeting Attendance - Shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date are eligible to attend [10] - The meeting will also include company directors, senior management, and appointed lawyers [10] Agenda Items - The meeting will review several proposals, including adjustments to the 2020 restricted stock incentive plan and the repurchase of certain restricted stocks [19][22] - The company plans to repurchase and cancel 2,051,900 shares of restricted stock due to unmet performance targets [22][39] - The company will also propose changes to its registered capital and amendments to its articles of association [47] Auditor Change - The company intends to appoint Zhongxinghua Certified Public Accountants as its auditor for the 2025 fiscal year, replacing Tianheng Certified Public Accountants [49] - The change is due to regulatory requirements regarding the tenure of auditing firms [50][61] - The proposed audit fees for 2025 are 1.36 million yuan, a decrease of 28.42% from the previous year [59] Legal Compliance - The company has ensured that all proposed actions comply with relevant laws and regulations, including the Company Law and the Securities Law [70]

Core Viewpoint - Jiangsu Suhao Fashion Group Co., Ltd. plans to reduce its stake in Nanjing Julong Co., Ltd. by selling 3.25 million shares, representing 2.94% of the company's total share capital, between November 11, 2025, and February 10, 2026 [1] Summary by Category - **Shareholder Action** - Jiangsu Suhao Fashion Group intends to sell 3.25 million shares of Nanjing Julong, which constitutes 2.94% of the total share capital [1]

Group 1 - The core point of the article is that Jiangsu Suhao Fashion Group Co., Ltd. plans to reduce its stake in Nanjing Julong Co., Ltd. by selling 3.25 million shares, which represents 2.94% of the company's total share capital, between November 11, 2025, and February 10, 2026 through centralized bidding and block trading [1]

Core Viewpoint - Jiangsu Suhao Fashion Group Co., Ltd. plans to reduce its stake in Nanjing Julong (300644.SZ) by selling 3,250,000 shares, which represents 2.94% of the company's total share capital, within a three-month period starting from November 11, 2025 [1] Summary by Category - **Shareholding Information** - Jiangsu Suhao Fashion Group holds 15,624,770 shares in Nanjing Julong, accounting for 14.12% of the total share capital [1] - **Reduction Plan** - The planned reduction of 3,250,000 shares will occur through centralized bidding and block trading methods [1] - The reduction period is set from November 11, 2025, to February 10, 2026 [1]

Group 1 - Jiangsu Suhao Fashion Group Co., Ltd., a shareholder holding 14.12% of Nanjing Julong (300644), plans to reduce its stake by selling 3.25 million shares, which accounts for 2.94% of the company's total share capital [1]