Market Overview - The apparel and home textile sector increased by 0.12% on September 29, with Aimer leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Top Gainers - The following companies showed significant gains: - Yuancao Co., Ltd. (603511) closed at 16.43, up 3.33% with a trading volume of 52,700 shares and a turnover of 85.94 million yuan [1] - Explorer (300005) closed at 8.82, up 3.28% with a trading volume of 295,100 shares and a turnover of 256 million yuan [1] - Bingshi Co., Ltd. (001209) closed at 20.83, up 3.12% with a trading volume of 204,900 shares and a turnover of 444 million yuan [1] Top Losers - The following companies experienced notable declines: - Hongdou Co., Ltd. (600400) closed at 3.04, down 6.46% with a trading volume of 2,063,000 shares and a turnover of 629 million yuan [2] - Taimusi (001234) closed at 27.43, down 5.35% with a trading volume of 106,200 shares and a turnover of 29.4 million yuan [2] - Seven Wolves (002029) closed at 7.97, down 5.34% with a trading volume of 686,600 shares and a turnover of 552 million yuan [2] Capital Flow - The apparel and home textile sector saw a net inflow of 2.49 million yuan from institutional investors, while retail investors contributed a net inflow of 74.56 million yuan [2][3] - The sector experienced a net outflow of 77.04 million yuan from speculative funds [2][3] Individual Stock Capital Flow - Meibang Apparel (002269) had a net outflow of 51.37 million yuan from institutional investors, with a 12.65% share of the total [3] - Semir Apparel (002563) saw a net inflow of 30.10 million yuan from institutional investors, representing 10.42% of the total [3] - Hongdou Co., Ltd. (600400) had a net inflow of 13.71 million yuan from institutional investors, accounting for 2.18% of the total [3]

Core Viewpoint - Aimer Co., Ltd. is set to hold a half-year performance briefing on September 30, 2025, to discuss its operational results and financial status for the first half of 2025, allowing investors to engage in Q&A sessions [2][3][4]. Group 1: Meeting Details - The performance briefing will take place on September 30, 2025, from 16:00 to 17:00 [4]. - The meeting will be held at the Shanghai Stock Exchange Roadshow Center and will be conducted in an interactive online format [2][4]. - Investors can submit questions from September 23 to September 29, 2025, through the Roadshow Center website or via the company's email [5]. Group 2: Participation Information - Investors can participate in the briefing by logging into the Shanghai Stock Exchange Roadshow Center on the scheduled date and time [5]. - The company will address commonly asked questions during the briefing, ensuring transparency and engagement with investors [3][5]. - Contact information for inquiries includes the board office's phone number and email address [5].

证券代码：603511 证券简称：爱慕股份 公告编号：2025-036 爱慕股份有限公司 关于召开 2025 年半年度业绩说明会的公告 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。 重要内容提示： 会议召开时间：2025 年 09 月 30 日 （星期二） 16:00-17:00 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于 2025 年 09 月 23 日 （星期二） 至 09 月 29 日 （星期一） 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 aimerzhengquan@aimer.com.cn 进行提问。公司将在业绩说明会上对投资者普遍 关注的问题进行回答。 爱慕股份有限公司（以下简称"公司"）已于 2025 年 8 月 28 日发布《公司 2025 年半年度报告》，为便于广大投资者更全面深入地了解公司 2025 年半年度 经营 ...

Core Viewpoint - Aimer Co., Ltd. has decided to terminate the investment in the Aimer Central Intelligent Logistics Park project due to weak terminal sales growth and high operating costs, shifting its strategic focus towards international markets [2][5]. Group 1: Project Termination - The company announced on September 17 that it will halt the investment in the logistics park project, which was initially planned to cost 550 million yuan [2][5]. - The logistics park was intended to enhance the company's warehousing and logistics capabilities, with a projected storage capacity of 30 million items [3]. - Despite nearly a year and a half of planning and supplier selection, no actual investment was made in the project [5][4]. Group 2: Financial Performance - For the first half of 2025, Aimer reported a revenue of 1.598 billion yuan, a year-on-year decrease of 2.91%, and a net profit of 106 million yuan, down 31.37% [6][7]. - The company has experienced a continuous decline in net profit for one and a half years, with a significant drop attributed to high operating costs and a challenging market environment [6][7]. - As of June 30, 2025, Aimer had 1,696 offline sales terminals, a net decrease of 50 from the end of 2024 [8]. Group 3: Market Conditions - The company faces a challenging domestic market characterized by stagnant demand and increased competition, prompting a strategic shift towards global expansion [5][6]. - Aimer's management has acknowledged the impact of consumer downgrade and weak mid-to-high-end demand on its revenue, leading to a cautious approach towards new investments [7][8]. - The company aims to optimize product design and management practices to improve profitability amidst these challenges [9].

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。 爱慕股份有限公司（以下简称"公司"）于2025年9月16日召开了公司第三届董事会第十三次会议、第三 届监事会第十二次会议，审议通过了《关于终止投资建设物流园项目的议案》，同意公司终止投资爱慕 中央智能物流园（苏州）项目（以下简称"物流园项目"），本议案无须提交公司股东会审议。具体情况 如下： 一、对外投资概述 2024年4月25日，公司第三届董事会第七次会议、第三届监事会第六次会议审议通过了《关于投资建设 物流园项目的议案》，同意以自筹资金55,000万元投资建设爱慕中央智能物流园（苏州）项目，由公司 全资子公司苏州爱慕内衣有限公司投资建设，打造高效仓储物流供应链体系。具体详见公司于2024年4 月27日在上海证券交易所网站（www.sse.com.cn）披露的《关于投资建设物流园项目的公告》（公告编 号：2024-022）。 公司战略重点是全球化布局，国内市场目前进入了存量竞争的时代，目前公司苏州和北京物流中心，经 过资源整合、系统升级及数字化供应链的完善，预计可以应对未来国内 ...

9月17日晚间，爱慕股份（603511）发布公告，决定终止官宣了一年多的中央智能物流园(苏州)项目(以 下简称"物流园项目")。 今年上半年，受中高端需求不振、消费降级影响，叠加主要运营成本难以压降，爱慕股份业绩承压，实 现营收15.98亿元，同比下降2.91%；净利润1.06亿元，同比下降31.37%；毛利率66.54%，同比下降0.1个 百分点。 分渠道看，上半年直营渠道营收为9.8亿元，同比下滑3.9%；线上渠道表现稳健，营收为4.65亿元，同 比增长2.59%；加盟渠道营收为7011.89万元，同比下滑28.51%。 面对业绩下滑，爱慕股份采取了系列行动提升盈利水平。2025年6月24日，公司正式终止运营乎兮品 牌，并完成对乎兮品牌的优势资源整合以及核心价值转化；同时推进组织变革，加速全渠道升级，稳步 构建海外运营体系。 对于终止项目的原因，爱慕股份表示，当前战略重点是全球化布局，而国内市场已进入存量竞争时代， 公司苏州和北京物流中心，经过资源整合、系统升级及数字化供应链的完善，预计可以应对未来国内市 场物流需求。在国际市场方面，公司启动了越南供应链基地建设，可以满足未来3至5年国际市场物流需 求。与 ...

Core Viewpoint - The company has decided to terminate the investment in the Aimer Central Intelligent Logistics Park (Suzhou) project, indicating a strategic shift in its investment focus [2]. Group 1 - The company held its 13th meeting of the 3rd Board of Directors and the 12th meeting of the 3rd Supervisory Board on September 16, 2025 [2]. - The resolution to terminate the logistics park project does not require approval from the shareholders' meeting [2].

爱慕股份此次终止的苏州物流园项目，实际始于2024年。 2024年4月25日，爱慕股份第三届董事会第七次会议、第三届监事会第六次会议审议通过了《关于投资 建设物流园项目的议案》，同意以自筹资金5.50亿元投资建设苏州物流园项目，由公司全资子公司苏州 爱慕内衣有限公司投资建设，打造高效仓储物流供应链体系。 彼时，爱慕股份给出的投资理由是："为响应国家发展新质生产力的要求，进一步满足公司未来8至10年 业务发展的存储及物流需求，增强仓储配送整合能力，提升物流效率和智能化水平。" 按最初计划，项目建成后预计仓库存储能力可达3000万件，具备智能化、数字化、柔性化、生态环保、 可扩展等现代化能力。 据爱慕股份介绍，2024年4月，公司通过招投标程序，确定了项目建设方案供应商。此后，公司持续推 动项目建设方案制定，并于同年6月完成了项目整体建设方案。同年9月，公司组织了建筑设计供应商招 投标工作，陆续推动供应商选定及建筑设计方案制定完善等工作。 9月17日盘后，贴身服饰龙头爱慕股份（SH603511，股价16.06元，市值64.89亿元）公告，拟终止投资 爱慕中央智能物流园（苏州）项目（以下简称苏州物流园项目），相关议 ...

Core Viewpoint - The company has decided to terminate the investment in the Aimer Central Intelligent Logistics Park (Suzhou) project, which has not incurred any actual investment to date, and this decision will not adversely affect the company's operations or future development [1] Group 1: Project Termination - The company held its 13th board meeting and 12th supervisory meeting on September 16, 2025, where the decision to terminate the logistics park project was approved [1] - The termination of the logistics park project will not result in any loss of interests for the company and its shareholders [1] - No actual investment has been made in the logistics park project up to this point [1] Group 2: Strategic Focus - The company's strategic focus is on global expansion, as the domestic market has entered a phase of stock competition [1] - The company has integrated resources and upgraded systems at its logistics centers in Suzhou and Beijing to meet future domestic logistics demands [1] - An international supply chain base is being established in Vietnam to cater to logistics needs in the international market over the next 3-5 years [1] Group 3: Financial Management - The company is considering improving asset efficiency and increasing cash reserves to navigate a complex and changing market environment [1] - The decision to terminate the logistics park project was made after careful consideration of the company's strategic needs for global development [1]

证券代码：603511 证券简称：爱慕股份 公告编号：2025-035 爱慕股份有限公司 关于终止投资建设物流园项目的公告 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。 爱慕股份有限公司（以下简称"公司"）于 2025 年 9 月 16 日召开了公司第三 届董事会第十三次会议、第三届监事会第十二次会议，审议通过了《关于终止投 资建设物流园项目的议案》，同意公司终止投资爱慕中央智能物流园（苏州）项 目（以下简称"物流园项目"），本议案无须提交公司股东会审议。具体情况如下： 一、对外投资概述 2024 年 4 月 25 日，公司第三届董事会第七次会议、第三届监事会第六次会 议审议通过了《关于投资建设物流园项目的议案》，同意以自筹资金 55,000 万元 投资建设爱慕中央智能物流园（苏州）项目，由公司全资子公司苏州爱慕内衣有 限公司投资建设，打造高效仓储物流供应链体系。具体详见公司于 2024 年 4 月 27 日在上海证券交易所网站（www.sse.com.cn）披露的《关于投资建设物流园项 目的公告》（公告编号：2024-02 ...