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 ...

Core Viewpoint - The company, Aimer Group (爱慕股份), announced the termination of its investment in the Aimer Central Intelligent Logistics Park (Suzhou) project, which was initially planned to be funded with 550 million yuan [1] Group 1 - The company had previously announced plans to invest 550 million yuan in the construction of the Aimer Central Intelligent Logistics Park (Suzhou) project [1] - The project was intended to be developed by the company's wholly-owned subsidiary, Suzhou Aimer Underwear Co., Ltd., aiming to create an efficient warehousing and logistics supply chain system [1]

Core Viewpoint - The company has decided to terminate the investment in the Aimer Central Intelligent Logistics Park (Suzhou) project, shifting its strategic focus towards global expansion and utilizing existing resources and a new supply chain base in Vietnam to meet market demands [1] Group 1 - The board and supervisory board of the company approved the termination of the investment on September 16, 2025 [1] - The decision is based on the strategic shift towards globalization, indicating a change in the company's operational focus [1] - The project has not yet seen any actual investment, meaning the termination will not incur losses for the company or its shareholders [1] Group 2 - The termination of the project will not affect the company's production operations or future development plans [1] - The company aims to meet both domestic and international market demands through existing resources and the new supply chain base in Vietnam [1]

Core Viewpoint - Aimer Group (603511) experienced a significant decline of 9.96% in its stock price, with a trading volume of 288 million yuan and a turnover rate of 4.31% on the day of the report [2] Trading Performance - The stock was listed on the Shanghai Stock Exchange's watchlist due to a daily price deviation of -9.84% [2] - The net selling amount from the Shanghai-Hong Kong Stock Connect was 8.2735 million yuan, making it the second-largest selling entity [2] - The top five trading departments had a total transaction volume of 57.6388 million yuan, with buying and selling amounts of 19.9416 million yuan and 37.6972 million yuan respectively, resulting in a net selling of 17.7556 million yuan [2] Market Sentiment - Over the past six months, the stock has appeared on the watchlist six times, with an average price drop of 4.07% the following day and an average decline of 7.57% over the next five days [2] - The stock saw a net outflow of 52.9552 million yuan in principal funds on the reporting day, with large orders contributing to a net outflow of 29.5863 million yuan [2] Financial Performance - The company reported a revenue of 1.598 billion yuan for the first half of the year, reflecting a year-on-year decrease of 2.91% [2] - The net profit for the same period was 106 million yuan, down 31.37% year-on-year [2]

Market Overview - The Shanghai Composite Index fell by 0.12% on September 12, with 9 out of the 28 sectors rising, led by non-ferrous metals and real estate, which increased by 1.96% and 1.51% respectively [1] - The sectors that experienced the largest declines were telecommunications and comprehensive, with decreases of 2.13% and 1.95% respectively [1] Capital Flow Analysis - The main capital outflow from the two markets totaled 53.64 billion yuan, with 6 sectors seeing net inflows [1] - The non-ferrous metals sector had the highest net inflow of 2.168 billion yuan, followed by the construction and decoration sector, which saw a net inflow of 721 million yuan [1] - The non-bank financial sector experienced the largest net outflow, totaling 8.138 billion yuan, followed by the electronics sector with a net outflow of 7.517 billion yuan [1] Textile and Apparel Sector Performance - The textile and apparel sector fell by 0.12%, with a net inflow of 299 million yuan, comprising 105 stocks, of which 32 rose and 69 fell [2] - The top three stocks with the highest net inflow in this sector were Meibang Fashion (3.19 billion yuan), Huafu Fashion (1.52 billion yuan), and Mankalon (438.79 million yuan) [2] - The stocks with the largest net outflow included Aimer (529.55 million yuan), Nanshan Zhishang (522.00 million yuan), and Tanshan (416.48 million yuan) [2] Textile and Apparel Sector Capital Inflow - The top stocks by capital inflow included: - Meibang Fashion: +10.11%, turnover rate 21.24%, capital flow 319.17 million yuan - Huafu Fashion: +10.06%, turnover rate 6.88%, capital flow 151.54 million yuan - Mankalon: +3.89%, turnover rate 15.00%, capital flow 43.88 million yuan [2] Textile and Apparel Sector Capital Outflow - The top stocks by capital outflow included: - Aimer: -9.96%, turnover rate 4.31%, capital flow -52.95 million yuan - Nanshan Zhishang: -5.05%, turnover rate 8.29%, capital flow -52.20 million yuan - Tanshan: -2.64%, turnover rate 3.75%, capital flow -41.64 million yuan [4]

Market Overview - The apparel and home textile sector experienced a decline of 0.51% on September 12, with Aimer Group leading the losses [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Stock Performance - Major gainers included: - Meibang Fashion (002269) with a closing price of 2.94, up 10.11% and a trading volume of 5.2735 million shares, totaling 1.494 billion yuan [1] - Ribo Fashion (603196) closed at 22.31, up 7.67% with a trading volume of 116,400 shares, totaling 260 million yuan [1] - Major losers included: - Aicai Group (603511) with a closing price of 16.69, down 8.15% and a trading volume of 125,800 shares, totaling 210 million yuan [2] - Henghui Security (300952) closed at 30.77, down 2.32% with a trading volume of 61,000 shares, totaling 189 million yuan [2] Capital Flow - The apparel and home textile sector saw a net inflow of 131 million yuan from institutional investors, while retail investors experienced a net outflow of 156 million yuan [2] - Retail investors contributed a net inflow of approximately 25.1 million yuan [2] Individual Stock Capital Flow - Meibang Fashion (002269) had a net inflow of 331 million yuan from institutional investors, while it faced a net outflow of 214 million yuan from retail investors [3] - Ribo Fashion (603196) saw a net inflow of 35.56 million yuan from institutional investors, with a net outflow of 14.77 million yuan from retail investors [3] - Cooltech Intelligent (300840) had a net inflow of 19.29 million yuan from institutional investors, while retail investors experienced a net outflow of 9.52 million yuan [3]

Market Overview - The apparel and home textile sector increased by 0.3% on September 11, with Aimer leading the gains [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Top Gainers - Yancao Co., Ltd. (603511) closed at 18.17, up 6.63% with a trading volume of 272,700 shares and a turnover of 493 million yuan [1] - ST Jinbi (002762) closed at 8.30, up 5.06% with a trading volume of 86,000 shares and a turnover of 69.57 million yuan [1] - Taihu Snow (838262) closed at 28.13, up 2.22% with a trading volume of 19,000 shares and a turnover of 52.66 million yuan [1] Top Losers - Anzheng Fashion (603839) closed at 8.58, down 3.49% with a trading volume of 376,900 shares and a turnover of 32.2 million yuan [2] - ST Qibu (603557) closed at 2.58, down 2.27% with a trading volume of 145,400 shares and a turnover of 37.48 million yuan [2] - Sanfu Outdoor (002780) closed at 14.22, down 1.52% with a trading volume of 88,500 shares and a turnover of 125 million yuan [2] Capital Flow - The apparel and home textile sector experienced a net outflow of 18.79 million yuan from institutional investors and 81.12 million yuan from speculative funds, while retail investors saw a net inflow of 99.91 million yuan [2] - The capital flow for individual stocks in the sector is detailed in the following table [2] Individual Stock Capital Flow - Meibang Fashion (002269) had a net inflow of 117 million yuan from institutional investors, while it saw a net outflow of 73.61 million yuan from speculative funds and a net outflow of 43.19 million yuan from retail investors [3] - Aimer Co., Ltd. (603511) had a net inflow of 29.99 million yuan from institutional investors, with a net outflow of 3.49 million yuan from retail investors [3] - Haian Home (600398) had a net inflow of 13.12 million yuan from institutional investors, with a net outflow of 15.23 million yuan from speculative funds [3]

Core Viewpoint - Aimer Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, attributed to weak demand in the mid-to-high-end market and increased operational costs [1][2]. Financial Performance - Revenue for the first half of 2025 reached 1.598 billion yuan, a year-on-year decrease of 2.91% [1]. - Net profit attributable to shareholders was 106 million yuan, down 31.37% year-on-year [1]. - Net profit excluding non-recurring gains and losses was 89.2611 million yuan, a decline of 28.62% year-on-year [1]. - Net cash flow from operating activities was 342 million yuan, an increase of 14.85% year-on-year [1]. Business Model and Strategy - The company focuses on high-quality intimate apparel and has developed a multi-brand, omnichannel business model, including brands like AIMER, AIMER MEN, and AIMER KIDS [1]. - Offline channels remain the core sales avenue, while online presence includes platforms like Tmall, JD.com, and Douyin, along with new retail models [2]. - The company plans to enhance profitability through operational innovation, brand enhancement, and overseas market expansion, including terminating the Huxi brand and integrating resources [2]. Product and Market Development - Aimer's brands continued to innovate, with the "Seaweed Sleepwear" winning two awards at the 2025 China Sleep Conference [3]. - Revenue by brand showed AIMER at 696 million yuan (down 3.25%), AIMER MEN at 308 million yuan (down 2.28%), AIMER KIDS at 216 million yuan (down 1.04%), Aimeili at 70.2077 million yuan (down 22.14%), and Lankaven at 64.5149 million yuan (up 2.62%) [3]. - The company is expanding its overseas strategy, including entering the TIK TOK US platform and establishing stores in Vietnam and Australia [3].

Core Viewpoint - Aimer Group announced the approval of its 2025 semi-annual report and summary during the 11th meeting of the third supervisory board [2] Group 1 - The announcement was made on the evening of August 27 [2] - The meeting involved the review and approval of multiple proposals [2]

Group 1 - The company Aimer Co., Ltd. announced the approval of its 2025 semi-annual report and summary during the 12th meeting of its third board of directors [2]