两融数据显示，该股最新融资余额为20.43亿元，近5日增加3.10亿元，增幅为17.89%。 小商品城9月24日大宗交易平台出现一笔成交，成交量44.49万股，成交金额809.72万元，大宗交易成交 价为18.20元，相对今日收盘价折价4.01%。该笔交易的买方营业部为华金证券股份有限公司湖北分公 司，卖方营业部为东方证券股份有限公司泉州津淮街证券营业部。 证券时报·数据宝统计显示，小商品城今日收盘价为18.96元，上涨3.78%，日换手率为1.10%，成交额为 11.33亿元，全天主力资金净流入3414.86万元，近5日该股累计下跌3.51%，近5日资金合计净流出2.02亿 元。 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | 44.49 | 809.72 | 18.20 | -4.01 | 华金证券股份有限 | 东方证券股份有限公司泉州 | | | | | | 公司湖北分公司 | 津淮街证券营业部 | 注：本文系 ...

| | | 9月24日，小商品城大宗交易成交44.49万股，成交额809.72万元，占当日总成交额的0.71%，成交价18.2元，较市场收盘价18.96元折价4.01%。 ...

Summary of Conference Call for Xiaogoods City Company Overview - Xiaogoods City is experiencing significant performance release through expansion and diversified procurement methods, with a stock buyback totaling approximately 104 billion in 2025, while the current market capitalization is around 100 billion, indicating a safety cushion for investors [2][4]. Core Insights and Arguments - The blockade of the China-Europe Railway has a limited impact on Xiaogoods City, as its core advantage lies in its established trade position and supporting measures, with the railway's volume being only about 1/10 of maritime transport [2][5]. - The company is expected to see a net profit exceeding 5.5 billion in 2026, with growth rates for 2025 and 2026 projected to remain above 30%, benefiting from new market catalysts and high growth in Yiwu's import and export activities [2][8]. - The average site selection fee has surpassed 100,000 per square meter, with an expected total cash flow of over 12 billion to be reflected in the financial statements, confirming the revenue from site selection fees in the second half of the year [2][7]. Market Dynamics - The recent acceleration of Yiwu's export growth to over 20% since May indicates a strong fundamental performance, despite the stock price retreating below 100 billion due to short-term factors, presenting an investment opportunity [2][8]. - The international situation, including the blockade at the Belarus border, is seen as beneficial for Xiaogoods City, as it operates as a platform with multiple shipping and payment verification methods, with European trade accounting for less than 10% of its business [3][9][10]. Additional Important Points - The stablecoin sector's recent pullback does not directly affect Xiaogoods City, as it is not categorized as a brokerage firm, and the company continues to make steady progress in market recruitment across various sectors [2][7]. - The company's valuation is attractive, with a projected price-to-earnings ratio of about 20 times for 2025 and 16-17 times for 2026, indicating a favorable investment position [3][10].

Market Overview - On September 24, the general retail sector declined by 2.04%, with Zhejiang Dongri leading the drop [1] - The Shanghai Composite Index closed at 3853.64, up 0.83%, while the Shenzhen Component Index closed at 13356.14, up 1.8% [1] Individual Stock Performance - Notable gainers included: - Ningbo Zhongbai (600857) with a closing price of 16.91, up 10.02% and a trading volume of 275,200 shares [1] - Xiaoshangpin City (600415) closed at 18.96, up 3.78% with a trading volume of 601,200 shares [1] - Nanning Department Store (600712) closed at 6.96, up 3.57% with a trading volume of 156,600 shares [1] - Key decliners included: - Zhejiang Dongri (600113) closed at 52.52, down 3.60% with a trading volume of 53,100 shares [2] - Huijia Times (603101) closed at 10.74, down 1.65% with a trading volume of 235,200 shares [2] Capital Flow Analysis - The general retail sector experienced a net outflow of 267 million yuan from institutional investors, while retail investors saw a net inflow of 333 million yuan [2] - Major stocks with significant capital flow included: - Yonghui Supermarket (601933) with a net inflow of 22.29 million yuan from institutional investors [3] - Huizhong Energy (600605) with a net inflow of 18.93 million yuan from institutional investors [3] - Xiaoshangpin City (600415) saw a net outflow of 45.90 million yuan from speculative funds [3]

Core Insights - As of September 23, a total of 99 stocks in the Shanghai and Shenzhen markets have experienced net financing inflows for five consecutive days or more [1] - The stocks with the longest streak of net financing inflows are Dike Co., Ltd. and Jingwang Electronics, both achieving this for 12 consecutive trading days [1] - Other notable stocks with significant net financing inflows include Seres, Chipone Microelectronics, Dongtianwei, Huaxia Bank, Xiaogoods City, Shandong Publishing, Weiteng Electric, and Xutian Salt Industry [1]

Market Overview - The Shanghai Composite Index fell by 0.18% on September 23, with five industries rising, led by banking and coal, which increased by 1.52% and 1.11% respectively [1] - The social services and retail trade sectors experienced the largest declines, with drops of 3.11% and 2.90% respectively [1] Capital Flow - The main capital outflow from both markets totaled 996.85 billion yuan, with only three sectors seeing net inflows: banking (14.00 million yuan), construction decoration (1.69 million yuan), and coal (399.41 thousand yuan) [1] - The electronics sector had the highest net outflow, totaling 200.43 billion yuan, followed by the computer sector with a net outflow of 166.60 billion yuan [1] Retail Sector Performance - The retail trade sector saw a decline of 2.90%, with a net capital outflow of 19.63 million yuan [2] - Out of 97 stocks in the retail sector, 11 rose while 85 fell, with one stock hitting the daily limit down [2] - The top net inflow stock in the retail sector was Huazhi Wine, with an inflow of 22.58 million yuan, followed by Huitong Energy and Zhejiang Dongri with inflows of 7.62 million yuan and 7.29 million yuan respectively [2][5] Notable Stocks in Retail Sector - Major stocks with significant net outflows included China Duty Free (51.30 million yuan), Small Commodity City (17.48 million yuan), and Supply and Marketing Big (13.54 million yuan) [2] - A detailed list of stocks in the retail sector showed various declines, with China Duty Free down by 4.15% and Small Commodity City down by 5.82% [2][3][4]

9月23日，小商品城跌5.31%，截至发稿，报18.37元/股，成交10.13亿元，换手率0.98%，总市值1007.35 亿元。 中泰星汇平衡三个月持有混合(FOF)A（015264）基金经理为田宏伟。 截至发稿，田宏伟累计任职时间7年111天，现任基金资产总规模1.39亿元，任职期间最佳基金回报 54.09%， 任职期间最差基金回报2.36%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 资料显示，浙江中国小商品城集团股份有限公司位于浙江省义乌市银海路567号商城集团大厦，成立日 期1993年12月28日，上市日期2002年5月9日，公司主营业务涉及从事市场开发经营及配套服务,提供网 上交易平台和服务,网上交易市场开发经营等。主营业务收入构成为：销售商品58.77%，小商品城市场 商位使用及其经营配套服务29.72%，其他服务6.09%，租赁3.24%，酒店住宿及餐饮服务2.01%，使用费 0.16%。 从基金十大重仓股角度 数据显示，中泰证券 ...

资料显示，浙江中国小商品城集团股份有限公司位于浙江省义乌市银海路567号商城集团大厦，成立日 期1993年12月28日，上市日期2002年5月9日，公司主营业务涉及从事市场开发经营及配套服务,提供网 上交易平台和服务,网上交易市场开发经营等。主营业务收入构成为：销售商品58.77%，小商品城市场 商位使用及其经营配套服务29.72%，其他服务6.09%，租赁3.24%，酒店住宿及餐饮服务2.01%，使用费 0.16%。 从基金十大重仓股角度 数据显示，东方基金旗下1只基金重仓小商品城。东方沪深300指数增强A（016204）二季度持有股数 9.71万股，占基金净值比例为1.72%，位居第八大重仓股。根据测算，今日浮亏损失约10万元。 东方沪深300指数增强A（016204）成立日期2022年11月8日，最新规模3762.32万。今年以来收益 13.22%，同类排名3336/4220；近一年收益31.36%，同类排名3155/3814；成立以来收益20.35%。 9月23日，小商品城跌5.31%，截至发稿，报18.37元/股，成交10.11亿元，换手率0.98%，总市值1007.35 亿元。 截至发稿，盛泽累计 ...

浙江中国小商品城集团股份有限公司 2025年第三次临时股东大会 会议资料 二〇二五年九月二十九日 浙江中国小商品城集团股份有限公司 2025 年第三次临时股东大会会议资料 浙江中国小商品城集团股份有限公司 2025 年第三次临时股东大会会议资料 目 录 三、 2025年第三次临时股东大会会议议案 议案1：关于取消监事会并修订《公司章程》的议案 一、 2025年第三次临时股东大会会议须知 二、 2025年第三次临时股东大会会议议程 浙江中国小商品城集团股份有限公司 2025 年第三次临时股东大会会议资料 浙江中国小商品城集团股份有限公司 2025年第三次临时股东大会会议须知 为维护股东的合法权益，保障股东在公司2025年第三次临时股东大会期间依 法行使权利，保证股东大会的正常秩序和议事效率，依据《中华人民共和国公司 法》（以下简称"《公司法》"）、《公司章程》和《公司股东大会议事规则》的有关 规定，制定如下规定： 一、参加大会的股东请按规定出示股东账户卡、身份证或法人单位证明以及 授权委托书等证件，在会议现场接待处办理登记，领取股东大会资料，证明文件 不齐或手续不全的，谢绝参会。 浙江中国小商品城集团股份有限公 ...

Core Viewpoint - The tax refund store sector has experienced a rapid decline, with a drop of 3.1%, affecting stocks such as Xiaogoods City, Nanning Department Store, and Maoye Commercial, which have seen significant losses [1] Company Summary - Xiaogoods City has been identified as one of the stocks with the largest decline in the tax refund store sector [1] - Nanning Department Store is also among the companies experiencing notable stock price drops [1] - Maoye Commercial is highlighted as another company facing significant losses in this market downturn [1]