苏美达股份有限公司 证券代码：600710 证券简称：苏美达 公告编号：2025-040 苏美达股份有限公司 第十届董事会第十九次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 苏美达股份有限公司（以下简称"公司"）第十届董事会第十九次会议通知 及相关资料于 2025 年 11 月 28 日分别以书面、电子邮件方式向全体董事发出， 会议于 2025 年 12 月 5 日上午在公司会议室以现场结合通讯方式召开。本次会议 应出席董事 9 人，实际出席董事 9 人（其中现场+视频方式出席董事 4 人，通讯 方式出席董事 5 人，无委托出席董事），公司部分高级管理人员列席了会议。本 次会议的通知、召开及表决程序符合《中华人民共和国公司法》等有关法律、行 政法规、部门规章、规范性文件和《公司章程》的有关规定，决议合法有效。 鉴于公司在业务开展中会产生临时性资金沉淀，为提高公司资金利用效率， 增加公司收益，在保障公司日常经营需求和资金安全的前提下，公司董事会同意 公司使用部分自有资金购买结构性存款。本议案在董事会审议前已经公 ...

Market Overview - On December 2, the trade sector increased by 0.38% compared to the previous trading day, with Suhao Huihong leading the gains [1] - The Shanghai Composite Index closed at 3897.71, down 0.42%, while the Shenzhen Component Index closed at 13056.7, down 0.68% [1] Stock Performance - Notable stock performances in the trade sector included: - Suhao Huihong (600981) closed at 3.73, up 10.03% with a trading volume of 1.0346 million shares and a transaction value of 382 million yuan [1] - Suhao Fashion (600287) closed at 6.09, up 4.46% with a trading volume of 224,600 shares and a transaction value of 136 million yuan [1] - Su Meng Hongye (600128) closed at 11.26, up 2.83% with a trading volume of 142,200 shares and a transaction value of 158 million yuan [1] Capital Flow - The trade sector experienced a net outflow of 78.4778 million yuan from institutional investors, while retail investors saw a net inflow of 61.939 million yuan [2] - The capital flow for specific stocks showed: - Suhao Fashion (600287) had a net inflow of 11.8653 million yuan from institutional investors [3] - Suhao Huihong (600981) had a net inflow of 10.4784 million yuan from institutional investors [3] - Jiangsu Guotai (002091) experienced a net outflow of 11.31 million yuan from institutional investors [3]

Market Overview - The trade sector increased by 1.55% on December 1, with Suhao Huihong leading the gains [1] - The Shanghai Composite Index closed at 3914.01, up 0.65%, while the Shenzhen Component Index closed at 13146.72, up 1.25% [1] Stock Performance - Notable stock performances include: - Suhao Huihong (600981) closed at 3.39, up 10.06% with a trading volume of 1.6251 million shares and a transaction value of 515 million yuan [1] - ST Huke (600608) closed at 4.41, up 2.56% with a trading volume of 39,100 shares [1] - Su Meng Hongye (600128) closed at 10.95, up 2.24% with a trading volume of 91,700 shares [1] - Jiangsu Guotai (002091) closed at 9.22, up 0.11% with a trading volume of 261,100 shares [1] Capital Flow - The trade sector saw a net inflow of 80.8576 million yuan from main funds, while retail investors experienced a net outflow of 112 million yuan [2][3] - The main funds' net inflow for Suhao Huihong was 63.3838 million yuan, representing 12.30% of its total trading volume [3] - Jiangsu Guotai had a net inflow of 10.064 million yuan from main funds, with a net outflow of 4.9663 million yuan from retail investors [3]

Market Overview - The trade sector experienced a decline of 1.05% on November 26, with CITIC Metal leading the drop [1] - The Shanghai Composite Index closed at 3864.18, down 0.15%, while the Shenzhen Component Index closed at 12907.83, up 1.02% [1] Stock Performance - Key stocks in the trade sector showed varied performance, with 中成股份 (Zhongcheng Co.) closing at 12.83, up 0.71%, and 中信金属 (CITIC Metal) closing at 14.33, down 2.45% [1][2] - Other notable declines included 江苏国泰 (Jiangsu Guotai) at 9.01, down 1.64%, and 怡亚通 (Yiatong) at 4.82, down 1.23% [2] Trading Volume and Capital Flow - The trade sector saw a net outflow of 69.72 million yuan from main funds, while retail investors contributed a net inflow of 48.26 million yuan [2] - The trading volume for 中成股份 was 73,900 hands, with a transaction value of approximately 95.46 million yuan [1] Capital Inflow Analysis - Main funds showed a net inflow of 6.24 million yuan into 中成股份, while CITIC Metal experienced a net outflow of 1.06 million yuan [3] - Retail investors had a significant net inflow into 江苏国泰, amounting to 17.12 million yuan, despite a net outflow from main and speculative funds [3]

Core Viewpoint - The establishment of the Jiangsu (Nanjing) Foreign-related Legal Service Center aims to support local enterprises in navigating international legal challenges, enhancing their confidence in expanding overseas markets [1][2]. Group 1: Service Center Overview - The Jiangsu (Nanjing) Foreign-related Legal Service Center offers a comprehensive range of services including foreign notarization, arbitration, cross-border financial insurance, and international commercial certification [1][2]. - The center is a collaborative initiative between the Jiangsu Provincial Justice Department, Nanjing Municipal Justice Bureau, and Gulou District Government, designed to facilitate enterprises' overseas expansion [1][2]. Group 2: Challenges Faced by Enterprises - Local enterprises, including Su Mei Da Group, face significant challenges when entering new markets, such as understanding local laws, registering companies, and managing disputes [2]. - The legal service center provides essential resources to address these challenges, offering a "one-stop" solution for various legal needs [2]. Group 3: Benefits of the Service Center - The center has successfully connected enterprises with experienced legal professionals, significantly reducing time and communication costs associated with finding suitable legal expertise [2][3]. - The center's strategic positioning aims to create a new high ground for foreign-related legal services, enhancing the international and legal business environment in the region [2][3]. Group 4: Infrastructure and Technology - The center features a well-organized layout with dedicated areas for public services and professional legal institutions, enhancing its operational efficiency [3]. - Advanced technologies, including AI digital assistants, are integrated into the service offerings, making legal services more accessible and efficient for enterprises [4]. Group 5: Future Prospects - The center is positioned to play a crucial role in the high-quality development of legal services during the "14th Five-Year Plan" period, bridging local enterprises with global opportunities [4].

Core Insights - The trade sector experienced a rise of 1.27% on November 24, with Zhongcheng Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] Trade Sector Performance - Zhongcheng Co., Ltd. (code: 000151) closed at 12.93, with a gain of 5.12% and a trading volume of 132,300 shares, amounting to a transaction value of 169 million [1] - Kairuide (code: 002072) closed at 7.28, up 5.05%, with a trading volume of 83,400 shares and a transaction value of 59.84 million [1] - Other notable performers include: - Yiatong (code: 002183) at 4.88, up 2.52% [1] - Shisuo Fashion (code: 600287) at 5.65, up 2.17% [1] - Sumong Huihong (code: 600981) at 2.81, up 1.81% [1] Capital Flow Analysis - The trade sector saw a net outflow of 54.81 million from institutional investors, while retail investors contributed a net inflow of 78.99 million [2] - The capital flow for key stocks includes: - Zhongcheng Co., Ltd. with a net inflow of 16.91 million from institutional investors [3] - Jiangsu Guotai (code: 002091) with a net inflow of 12.65 million from institutional investors [3] - Sumeda (code: 600710) with a net inflow of 5.74 million from institutional investors [3]

Group 1 - The core viewpoint of the news is that Su Mei Da's stock has shown a slight increase, with a year-to-date rise of 18.80%, despite recent minor declines in the past few trading days [1][3] - As of November 24, Su Mei Da's stock price reached 10.61 CNY per share, with a market capitalization of 13.865 billion CNY [1] - The company has seen a net inflow of main funds amounting to 1.4009 million CNY, with significant buying and selling activities recorded [1] Group 2 - Su Mei Da, established on June 24, 1996, and listed on July 1, 1996, is based in Nanjing, Jiangsu Province, and operates in two main business segments: industrial chain and supply chain [2] - The revenue composition of Su Mei Da shows that supply chain services account for 71.59% of total revenue, while the industrial chain contributes 28.20% [2] - The company reported a revenue of 87.423 billion CNY for the period from January to September 2025, reflecting a year-on-year growth of 0.56%, and a net profit of 1.104 billion CNY, up 10.25% year-on-year [3] Group 3 - Su Mei Da's stock is categorized under the commercial retail sector, specifically in trade segments, and is associated with concepts such as carbon neutrality and solar energy [3] - As of September 30, 2025, the number of shareholders decreased by 16.35% to 32,600, while the average circulating shares per person increased by 19.55% to 40,079 shares [3] - The company has distributed a total of 2.474 billion CNY in dividends since its A-share listing, with 1.305 billion CNY distributed in the last three years [4]

Investment Rating - The report maintains an "Overweight" rating for the retail industry [1] Core Insights - The 2025 Double Eleven sales period saw a total e-commerce sales of approximately 1,695 billion yuan, representing a year-on-year increase of 14.2%. The comprehensive e-commerce platforms accounted for 1,619.1 billion yuan, with a year-on-year growth of 12.3% [4][9] - Instant retail showed remarkable growth, with sales reaching 67 billion yuan during the Double Eleven period, marking a year-on-year increase of 138% [10][15] - Key product categories such as digital appliances, food and beverages, furniture, and pet products experienced significant growth, with pet sales reaching 9.2 billion yuan, up 59% year-on-year [15][16] Summary by Sections Weekly Industry Viewpoint - The Double Eleven sales period was extended, contributing to steady growth in total e-commerce sales. The sales period for 2025 was from October 7 to November 11, compared to October 14 to November 11 in 2024 [9] - Instant retail emerged as a highlight, with substantial growth compared to traditional e-commerce formats [10] Weekly Market Review - From November 10 to November 16, the Shenwan retail index increased by 4.06%, while the Shanghai Composite Index decreased by 0.18% [17] - Year-to-date performance shows the Shenwan retail index up by 8.43%, compared to a 19.06% increase in the Shanghai Composite Index [17][22] Company Valuation Table - The report includes a detailed valuation table for various companies in the retail sector, with specific metrics such as market capitalization and P/E ratios [24][25]

Market Overview - On November 17, the trade sector rose by 0.16% compared to the previous trading day, with Kairuide leading the gains [1] - The Shanghai Composite Index closed at 3972.03, down 0.46%, while the Shenzhen Component Index closed at 13202.0, down 0.11% [1] Stock Performance - Notable gainers in the trade sector included: - Kairuide (002072) with a closing price of 7.80, up 2.09% [1] - Jiangsu Guotai (002091) with a closing price of 10.40, up 1.66% [1] - Yiatong (002183) with a closing price of 5.36, up 1.52% [1] - Conversely, stocks like Zhongcheng Co. (000151) and Bansuo Hongye (600128) experienced slight declines of 0.08% and 0.09% respectively [1] Trading Volume and Capital Flow - The trade sector saw a net outflow of 2.57 billion yuan from main funds, while retail investors contributed a net inflow of 2.57 billion yuan [2][3] - The trading volume for Kairuide was 8.58 million shares, with a transaction value of approximately 66.09 million yuan [1] Individual Stock Capital Flow - Key capital flow data for selected stocks: - Dongfang Chuangye (600278) had a main fund net inflow of 11.95 million yuan, while retail investors had a net outflow of 9.24 million yuan [3] - Kairuide (002072) experienced a main fund net inflow of 4.89 million yuan, with retail investors also showing a net outflow [3] - Zhongcheng Co. (000151) faced a significant main fund net outflow of 6.30 million yuan, but retail investors had a net inflow of 8.99 million yuan [3]

11月13日，市委书记周红波在玄武区调研。他强调，玄武区要深入学习贯彻党的二十届四中全会 精神，高起点谋划"十五五"发展，走好特色发展之路，精准发力关键领域和细分赛道，全方位塑造高质 量发展新动能，彰显特大城市中心城区新活力。 调研中，周红波来到苏美达、国机数科两家公司，了解国机集团在宁业务发展情况，要求有关方面 加强走访服务，支持企业更好发挥产业链供应链龙头作用，加大在宁布局、持续做大增量。在鱼跃全球 研发总部、红山森林动物园、招商局江苏中心，周红波详细了解总部经济集聚、文商旅融合、国际街区 建设等情况。 周红波强调，有关部门要在战略规划、体制机制、资源要素等方面，更大力度支持玄武区改革攻坚 开放提升。当前正值四季度关键期，玄武区要抢抓窗口、全力冲刺，坚决完成全年目标任务，为全市高 质量发展多作贡献。 市委常委、秘书长黎辉参加。 周红波听取了玄武区工作汇报和"十五五"发展考虑。他指出，近年来玄武区经济密度、创新浓度和 文旅热度不断提升，发展后劲持续增强。"十五五"时期是玄武区乘势而上、提升能级的关键期，要增 强"走在前、做示范"的责任感、紧迫感，找准发展切入点和突破口，更加注重发挥数字经济、服务经 济、人文 ...