| | | | | | | 果 | | --- | --- | --- | --- | --- | --- | --- | | 绥化市广恒源汽车销售有限公 | 1 电动自行车 | | 台铃电动科技（天 | TDT6322Z | 2025/8/15 | 合 | | 司 | | | 津）有限公司 | | | 格 | | 兰西县九诺电动车商行（个体 | 2 电动自行车 | | 绿源电动车（山东） | TDT7465Z | 2025/6/20 | 合 | | 工商户） | | | 有限公司 | | | 格 | | 宝岛（天津）智能科 | | | | | 2025/6/24 | 合 | | | | | | | | 格 | | 海伦市台铃电动自行车商行 | 4 电动自行车 | | 台铃电动科技（天 | TDT6040Z | 2023/6/16 | 合 | | | | | | | | 格 | | 电动自行车 | | | | | | 合 | | 充电器 | | | | | 2025-08 | 格 | | 电动自行车 | | 绥化市广联摩托车经销有限公 | 南京西普尔科技实业 | | | 合 | | 充电器 | | 司 | 有 ...

股票频道更多独家策划、专家专栏，免费查阅>> 责任编辑：山上 2月5日，A股市场新零售概念股表现活跃，其中，海欣食品、拉芳家化、杭州解百、新华都涨停，红棉 股份、三江购物涨超6%，友好集团、比音勒芬、宏辉果蔬、海澜之家、上海九百涨超4%。 | 代码 | 名称 | | 涨幅% ↓ | 总市值 | 年初至今涨幅% | | --- | --- | --- | --- | --- | --- | | 002702 | 海欣食品 | 1 | 10.01 | 42.74亿 | 8.01 | | 603630 | 拉芳家化 | 1 | 10.01 | 48.04亿 | 10.18 | | 600814 | 杭州解百 | 1 | 9.99 | 72.04亿 | 20.99 | | 002264 | 新华都 | 1 | 9.97 | 90.55亿 | 42.47 | | 000523 | 红棉股份 | 1 | 6.41 | 76.17亿 | 10.08 | | 601116 | 三江购物 | 1 | 6.26 | 107亿 | 41.68 | | 603557 | ST起步 | 1 | 4.98 | 19.70亿 | 24.9 ...

| 代码 | 名标 | | 涨幅% ↓ | 总市值 | 年初至今涨幅%。 | | --- | --- | --- | --- | --- | --- | | 002702 | 海欣食品 | + | 10.01 | 42.74亿 | 8.01 | | 603630 | 拉芳家化 | 1 | 10.01 | 48.04亿 | 10.18 | | 600814 | 杭州解百 | 1 | 9.99 | 72.04亿 | 20.99 | | 002264 | 新华都 | 1 | 9.97 | 90.55 亿 | 42.47 | | 000523 | 红棉股份 | 1 | 6.41 | 76.17亿 | 10.08 | | 601116 | 三江购物 | 1 | 6.26 | 107亿 | 41.68 | | 603557 | ST超步 | 1 | 4.98 | 19.70亿 | 24.90 | | 600778 | 友好集团 | 1 | 4.90 | 26.01亿 | 25.19 | | 002832 | 比音勒芬 | | 4.89 | 89.37 亿 | 4.68 | | 603336 | 宏辉果蔬 | 1 | 4. ...

Investment Rating - The report maintains a "Buy" rating for key companies in the textile and apparel industry, including Li Ning, Anta Sports, Shenzhou International, and others [9][21][29]. Core Insights - The textile and apparel industry is experiencing a low overall fund holding ratio, with a total market value of approximately 9.76 billion yuan at the end of Q4 2025, slightly down from 10.31 billion yuan at the end of Q3 2025. However, the proportion of heavy holdings increased from 0.13% to 0.25% [1][12]. - The report highlights the resilience of the sports footwear and apparel sector, predicting it will outperform the broader apparel market in the long term. Companies like Li Ning and Anta Sports are expected to manage inventory effectively and benefit from upcoming marketing initiatives [2][17]. - The report emphasizes the healthy inventory levels in the industry, anticipating that stable replenishment from downstream will lead to increased orders for upstream manufacturers [3][18]. - The report suggests focusing on quality stocks with stable growth or potential for performance reversal, particularly in the brand apparel segment, where companies like HLA and Luolai Living are highlighted for their growth prospects [4][19]. Summary by Sections Fund Position Analysis - The textile and apparel sector's fund holding ratio remains low, with significant increases in holdings across sub-sectors such as home textiles, textile manufacturing, and accessories [1][12][15]. Market Performance - The textile and apparel sector underperformed compared to the CSI 300 index, with declines noted in both textile manufacturing and brand apparel segments [24][25]. Key Company Recommendations - Li Ning is recommended due to its expected brand strength during the Olympic cycle, with projected profits of 2.74 billion yuan in 2025 and a growth forecast for 2026 [2][17]. - Anta Sports is highlighted for its strong operational capabilities, with expected profits of 13.2 billion yuan in 2025 and growth in 2026 [2][17]. - Shenzhou International is recommended for its cost-effectiveness and positive customer trends, with a projected PE ratio of 11 times for 2026 [3][18]. - HLA is expected to see stable profit growth, with a projected PE ratio of 12 times for 2026 [4][19].

首届江苏省城市足球联赛（简称"苏超"）在2025年掀起的超强冲击波仍在余音绕梁，2026年新赛季就已来袭。 1月27日最新揭晓的2026年苏超赞助商名单，江苏银行（600919）、苏豪控股集团、喜力啤酒、阿迪达斯、海澜之家 （600398）、蚂蚁阿福等24家知名企业在列，"豪华"赞助阵容再度引发关注与热议。 "互不服气"的十三城，观众是"导演"也是"主角" 首届苏超的热度能否在新赛季得以延续，也成为各界密切关注的话题。 作为近年来国内影响最大、人气最火爆的群众性体育赛事之一，首届苏超自去年5月10日开赛至11月1日决赛，85场比赛现场观 众总数达243万人次，场均2.8万人次，单场最高上座纪录60633人。线上观看更是达到了22亿人次，社交平台相关话题播放量突 破1000亿。 豪华赞助商阵容亮相，网友称让"中超"羡慕 首届苏超吸引了近40家企业合作伙伴。进入新赛季，苏超展现出更强"吸金"实力。 1月27日召开的2026年江苏省城市足球联赛商务合作发布会公布，第二届苏超省级层面招商吸引了24个品牌商赞助。与去年相 比，总冠名除了江苏银行外，新增了江苏省属国有独资企业集团苏豪控股集团。 其余22家赞助商包括官方战 ...

1月27日最新揭晓的2026年苏超赞助商名单，江苏银行、苏豪控股集团、喜力啤酒、阿迪达斯、海澜之 家、蚂蚁阿福等24家知名企业在列，"豪华"赞助阵容再度引发关注与热议。 首届苏超的热度能否在新赛季得以延续，也成为各界密切关注的话题。 豪华赞助商阵容亮相，网友称让"中超"羡慕 首届苏超吸引了近40家企业合作伙伴。进入新赛季，苏超展现出更强"吸金"实力。 首届江苏省城市足球联赛（简称"苏超"）在2025年掀起的超强冲击波仍在余音绕梁，2026年新赛季就已 来袭。 1月27日召开的2026年江苏省城市足球联赛商务合作发布会公布，第二届苏超省级层面招商吸引了24个 品牌商赞助。与去年相比，总冠名除了江苏银行外，新增了江苏省属国有独资企业集团苏豪控股集团。 其余22家赞助商包括官方战略合作伙伴、官方赞助商、官方供应商三类。其中除了阿迪达斯、可口可乐 等跨国公司外，不乏本土行业龙头与新锐品牌。如洋河海之蓝、喜力啤酒等酒类品牌，龙蟠科技、宇视 科技等科技创新企业，国药太极、蚂蚁阿福等医疗健康品牌，以及库迪咖啡、潮流IP公司Suplay等新消 费品牌等。 发布会现场并未披露相关合作的总金额。此前曾有媒体披露2026新赛季"苏 ...

格隆汇1月28日丨海澜之家(600398.SH)在投资者互动平台表示，公司已建立了财务共享中心。 ...

Group 1 - The core viewpoint of the article highlights the significant expansion of sponsorship and commercial partnerships for the 2026 season of the Jiangsu Super League (苏超), driven by the success and popularity of the inaugural 2025 season [1][2] - The 2025 season saw a remarkable attendance of over 2.43 million spectators, with an average of 28,000 attendees per match, setting a record for provincial leagues [2] - The number of sponsors increased from 6 during the preparation phase to 41 at the provincial level, with some city-level sponsors reaching into the dozens, indicating a substantial growth in commercial interest [2] Group 2 - The 2026 season will feature a multi-tiered sponsorship structure, including official strategic partners such as Guoyuan V3, Heineken, Adidas, and others, alongside various official sponsors and suppliers [1][3] - Upgrades for sponsor rights include enhanced advertising exposure through LED screens in stadiums and live broadcasts, and a significant reduction in competitive industry categories from 26 to 9, allowing for greater collaboration opportunities [3] - The league is also focusing on small and micro enterprises by opening 32 official sponsorship slots, providing equal rights and benefits to selected businesses, which will be chosen through a structured application process [3]

Core Viewpoint - The 2026 Jiangsu Province Urban Football League aims to enhance its brand and operational quality through strategic partnerships and innovative sponsorship opportunities, building on the success of the previous season which saw significant audience engagement and participation [3][4][5]. Group 1: Event Overview - The 2026 Jiangsu Province Urban Football League business cooperation launch event took place in Nanjing on January 27 [1]. - The league achieved record attendance in 2025, with over 2.43 million spectators and an average attendance of 28,000 per match, alongside over 2.2 billion online views and 100 billion views on social media [3][8]. Group 2: Sponsorship and Partnerships - The league has partnered with nearly 40 quality enterprises, including the title sponsor Jiangsu Bank, to establish a high-quality development foundation [3][4]. - A total of 24 official sponsors were recognized during the event, with Jiangsu Bank and Suhao Holdings among the key sponsors [4][9]. Group 3: Enhancements for 2026 - The league plans to upgrade its service standards, enhance participant experience, and expand its communication strategies for broader outreach [3][4]. - Sponsorship benefits have been optimized, including the transition to LED screen advertising for clearer brand visibility during matches [10]. Group 4: Copyright and Merchandise - The league is introducing new copyright operations, allowing for the development of unique cultural and derivative products in collaboration with notable partners [5][10]. Group 5: Support for Small Enterprises - A new initiative was launched to select small and micro enterprises for sponsorship opportunities, allowing them to gain exposure alongside larger brands [6][11]. - The selection process will include public registration and a lottery system to ensure fair access to sponsorship benefits [11].

Investment Rating - The industry investment rating is "Positive" and maintained [7] Core Insights - December orders for sports footwear and apparel showed a month-on-month decline, indicating that the overall industry has not yet reached an inflection point. Retail performance in the US and UK remains resilient, while demand in other regions is stagnant. The decline in the US consumer confidence index has not yet impacted brand and upstream performance, primarily due to growth being driven by high-end consumption, with mass apparel consumption still expected to recover [2][4][21] - Vietnam's footwear and apparel exports improved significantly in December, while China continues to face pressure. The upstream manufacturing sector is expected to have stronger earnings certainty in the first half of 2026, with a clear direction for recovery in the downstream sports supply chain. Brand apparel revenues are expected to fluctuate in Q4 2025, with profitability anticipated to recover in 2026 [2][5][29] Summary by Sections Manufacturing Performance - In December, the revenue performance of footwear manufacturers showed a year-on-year decline, with specific companies reporting: - Yuanyuan Group: -3.7% YoY, -1.3 percentage points MoM - Fengtai: -0.6% YoY, +11.2 percentage points MoM - Zhijiang International: -2.8% YoY, -5.9% MoM - Yuchi-KY: -2.2% YoY, -8.8% MoM - For apparel manufacturers: - Ruhong: -3.6% YoY, -5.1% MoM - Juyang Industrial: -9.2% YoY, -9.7% MoM - Guangyue: +9.7% YoY, -22.1% MoM [4][16][29] Demand Analysis - Retail performance in December showed resilience in the US and UK, while other regions experienced stagnation. The US consumer confidence index continues to decline, which has not yet reflected in brand and upstream performance. The growth is mainly driven by high-end consumption, with mass apparel consumption still expected to recover [2][21][26] Recommendations - The report recommends focusing on upstream manufacturing, as the performance in the first half of 2026 is expected to be more certain. The recovery direction of the sports supply chain is clear. Key recommended stocks include: - New Australia Holdings, Crystal International, Shenzhou International, and Yuanyuan Group - Attention should also be given to high-elasticity stocks like Nobon and Jeya, as well as undervalued stocks with strong safety margins like Taihua New Materials and Lutai A [5][29][30]