证券日报网讯12月18日，歌力思（603808）在互动平台回答投资者提问时表示，公司将持续推进严格预 算管理，强化应付款和应收账款的管理，并全面积极拥抱AI技术，通过与外部AI供应商合作自主研发 供应链智能体系统，实现AI自动解析采购需求，动态预测需求波动，调整采购计划，避免库存积压或 短缺。搭建AI智能商品解决方案，持续改善公司资产周转、提升库存效率，以推动资金管理效率进一 步提升。 ...

Core Insights - The company reported a significant increase in net profit for the first three quarters of 2025, with a year-on-year growth of 427.34% to 114 million yuan, driven by multi-brand development, improved operational efficiency, cost control, and enhanced overseas business [2] Group 1: Financial Performance - The net profit attributable to shareholders reached 114 million yuan, marking a substantial increase of 427.34% year-on-year [2] - The company achieved a reduction in sales expense ratio and management expense ratio by 2.55 and 1.50 percentage points, respectively, to 48.3% and 7.1% [2] Group 2: Brand Strategy and Operations - The company aims to become a globally competitive high-end fashion brand group, focusing on high-end sectors through enhanced design, increased brand investment, upgraded stores, and optimized member experiences [2] - The company has adopted a multi-brand and multi-platform online strategy, leading to rapid growth in online business [2] Group 3: AI Implementation - AI applications were a focal point, with the establishment of an AI leadership team and initiatives like the "Best AI Application Award" to promote implementation [3] - AI tools are utilized across various functions, including design, supply chain, marketing, and management, leading to improved inventory turnover from 0.72 to 0.88 times [3] Group 4: E-commerce and Overseas Business - The company has seen steady growth in traditional e-commerce platforms like Tmall, while also achieving breakthroughs in content e-commerce channels such as Douyin and Xiaohongshu [3] - The overseas business, particularly the French brand IRO, is improving through the closure of inefficient stores and increased R&D investment, with plans for flexible strategy adjustments [3] Group 5: Future Growth Drivers - The chairman highlighted four key drivers for future growth: enhancing brand value for same-store sales growth, high-quality store expansion, leveraging multiple online platforms, and expanding the multi-brand product line [3]

Core Viewpoint - The significant increase in net profit for the first three quarters of 2025 is attributed to multiple synergistic efforts, including steady growth in domestic markets, improved operational efficiency, and enhanced cost control measures [2] Group 1: Financial Performance - The company's net profit attributable to shareholders increased by 427.34% year-on-year to 114 million yuan in the first three quarters of 2025 [2] - The sales expense ratio and management expense ratio decreased by 2.55 percentage points and 1.50 percentage points, respectively, to 48.3% and 7.1% [3] Group 2: Strategic Initiatives - The company aims to become a globally competitive high-end fashion brand group, focusing on high-end fashion and enhancing brand strength through design, brand investment, and operational management [2] - The company has established an AI leadership team to promote AI applications across all departments, enhancing operational efficiency [3] Group 3: Inventory and Supply Chain Management - The inventory turnover rate improved from 0.72 times in the same period last year to 0.88 times due to better supply chain management and increased production responsiveness [3] Group 4: E-commerce and International Business - The company maintains a multi-brand and multi-platform strategy, achieving significant growth on platforms like Douyin and Xiaohongshu while continuing to grow on traditional e-commerce platforms [4] - The overseas business, particularly the IRO brand, is gradually improving through cost reduction measures and strategic adjustments to store operations [4] Group 5: Future Outlook - The company identifies four main drivers for future growth: enhancing brand strength for same-store sales growth, quality expansion of brand stores, exploring multi-platform growth potential, and continuous expansion of product lines [4]

Core Insights - The company reported a significant increase in net profit, with a year-on-year growth of 427.34% to 114 million yuan for the first three quarters of 2025, attracting considerable market attention [1] - The improvement in profitability is attributed to multiple factors, including steady growth of its multi-brand portfolio in the domestic market, enhanced operational efficiency, and effective cost control measures [1] Group 1: Financial Performance - The company achieved a net profit of 114 million yuan for the first three quarters of 2025, marking a 427.34% increase year-on-year [1] - The sales expense ratio and management expense ratio decreased by 2.55 and 1.50 percentage points to 48.3% and 7.1%, respectively, contributing to the overall improvement in performance [2] Group 2: AI Technology Implementation - The application of AI technology is a focal point for investors, with the company establishing an AI leadership team to accelerate AI adoption across various business functions [3] - AI tools are being utilized in design, supply chain management, and marketing operations to enhance efficiency and reduce costs [3] Group 3: Inventory Management and E-commerce Growth - The company reported an improvement in inventory turnover rate from 0.72 times to 0.88 times year-on-year, aided by enhanced supply chain management and rapid response production capabilities [4] - E-commerce channels have shown strong performance, with the company focusing on multi-brand and multi-platform strategies, achieving breakthroughs on platforms like Douyin and Xiaohongshu [4] Group 4: Future Growth Drivers - The company identifies four main drivers for future growth: enhancing brand value for same-store sales growth, quality expansion of brand stores, leveraging online multi-brand growth potential, and continuous expansion of product lines [5] - The company believes there is significant growth potential due to rising consumer demand for personalized and branded products [5]

"2025年是人工智能技术高速发展的一年，公司高度重视人工智能为企业经营管理效率提升的作用。"12 月8日，深圳歌力思服饰股份有限公司董事长、总经理夏国新在业绩说明会中回答《证券日报》记者提 问时介绍，公司从多个层面进行了规划。集团层面成立了人工智能领导小组，自上而下地加速人工智能 在集团内部的推广应用，并设立专门奖项，鼓励集团上下积极拥抱人工智能技术，同时内部设立人工智 能社区，推动员工对于人工智能应用进行交流互动，加强内部学习氛围。 夏国新介绍，从设计、供应链、商品管理、营销和运营等多个层面，公司都在积极推动人工智能技术的 应用。"设计方面，公司持续加大在设计企划提案中国内外先进人工智能工具的使用，提升企划阶段的 设计效率和设计细节的精准度；供应链和商品管理方面，公司与外部人工智能供应商合作自主研发供应 链智能体系统，实现人工智能自动解析采购需求，动态预测需求波动，调整采购计划，避免库存积压或 短缺；公司与第七在线等商品管理人工智能服务提供商合作，搭建人工智能智能商品解决方案；营销和 运营方面，公司使用人工智能技术，制作各品牌产品多场景服装的图片展示和视频等，提升效率并节省 拍摄费用；管理方面，公司引入了 ...

Core Insights - The report emphasizes the potential for investment opportunities in the textile and apparel sector, particularly focusing on new consumption trends and global manufacturing recovery [3][16][18]. Industry Performance - The textile and apparel sector outperformed the market during the week of November 17 to November 21, with the SW textile and apparel index declining by 4.8%, which was 0.3 percentage points better than the SW All A index [4][10]. - Recent industry data shows that from January to October, the total retail sales of clothing, shoes, and textiles reached 1,205.3 billion yuan, reflecting a year-on-year growth of 3.5% [3][34]. Textile Sector Insights - The Australian wool price index stabilized at 983 cents per kilogram as of November 20, 2025, with a year-on-year increase of 32.3% and a monthly increase of 5.4%, indicating a bullish trend in wool prices [10][50]. - The report suggests that the current price increase in Australian wool is in its early stages, driven by supply constraints and new demand from sports wool yarns, presenting investment opportunities [10][18]. Apparel Sector Insights - Amer Sports reported a 30% increase in revenue to $1.76 billion for Q3 2025, with a net profit increase of 161% to $190 million, exceeding previous guidance and indicating strong growth in the outdoor segment [13][15]. - The report recommends focusing on outdoor sports brands such as Bosideng, which is expected to benefit from seasonal sales and a favorable market environment [15][18]. Investment Strategy for 2026 - The investment strategy for the textile and apparel industry in 2026 focuses on consolidating positions and exploring new consumption trends, particularly targeting younger consumer demographics [16][17]. - The report highlights the importance of the global tariff landscape stabilizing, which is expected to enhance the competitiveness of core manufacturing [18]. Key Recommendations - Recommended companies in the outdoor sports segment include Anta, Bosideng, and 361 Degrees, with a focus on brands that are well-positioned to capitalize on the upcoming winter season and the Milan Winter Olympics [17][18]. - The report also identifies potential in discount retail and personal care sectors, suggesting companies like Hailan Home and Nobon Co., which are expected to benefit from changing consumer behaviors [17][18].

Core Insights - The company achieved a revenue of 2.019 billion yuan in the first three quarters of 2025, with a year-on-year growth of 2.4% on a comparable basis, while net profit attributable to shareholders surged by 427.3% to 114 million yuan [1] - The company is focusing on AI technology to enhance operational efficiency, establishing an AI leadership group and promoting the use of AI tools in design, supply chain management, and marketing [1] - The domestic market saw a comparable revenue growth of approximately 6.0% in the first three quarters, with a notable 8.6% increase in the third quarter [2] Group 1 - The company’s chairman emphasized the importance of AI in improving management efficiency and has initiated various AI-related projects [1] - The company is implementing cost-reduction measures for its overseas brand IRO, which has shown gradual profit improvement in the first three quarters [2] - The main brand ELLASSAY outperformed the domestic mid-to-high-end women's wear sector with a growth of 4.6% [2] Group 2 - The international brands self-portrait, Laurèl, and IRO in China achieved year-on-year growth rates of 16.8%, 12.4%, and 3.1% respectively [2] - The company aims to become a globally competitive high-end fashion brand group, focusing on brand differentiation through investments, acquisitions, and partnerships [2]

Core Points - The company, Shenzhen Ella's Say Fashion Co., Ltd., will hold a Q3 2025 earnings presentation on December 8, 2025, from 15:00 to 16:00 [2][6] - The presentation will be conducted in an interactive online format, allowing investors to engage and ask questions [3][5] - Investors can submit questions from December 1 to December 5, 2025, through the designated website or via email [5][6] Meeting Details - The meeting will take place at the Shanghai Stock Exchange Roadshow Center [2][4] - Key personnel attending include the Chairman and General Manager, as well as other executives and independent directors [4][6] - The company aims to address common investor concerns regarding its Q3 2025 financial results and operational performance [3][5] Additional Activities - The company will also participate in the 2025 Annual Shenzhen Listed Companies Investor Online Reception Day on November 20, 2025, from 14:30 to 17:00 [7][8] - This event will also be conducted online, focusing on various topics such as company performance, governance, and future strategies [7]

证券代码：603808 证券简称：歌力思 公告编号： 2025-027 深圳歌力思服饰股份有限公司 关于参加 2025 年度深圳辖区上市公司投资者 网上集体接待日活动的公告 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。 为进一步加强与投资者的互动交流，深圳歌力思服饰股份有限公司（以下简 称"公司"）将参加由深圳证监局和中证中小投资者服务中心指导、深圳上市公 司协会与深圳市全景网络有限公司联合举办的"2025 年度深圳辖区上市公司投 资者网上集体接待日活动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 11 月 20 日（周四）14:30-17:00。届时 公司高管将在线就公司业绩、公司治理、发展战略、经营状况、融资计划、股权 激励和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投 资者踊跃参与！ 特此公告。 深圳歌力思服饰股份有 ...

证券代码：603808 证券简称：歌力思 公告编号：2025-028 深圳歌力思服饰股份有限公司 关于召开 2025 年第三季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： https://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 12 月 01 日 （星期一） 至 12 月 05 日 （星期五）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 zqfw@ellassay.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 深圳歌力思服饰股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三季度报告经营成果、财务状况，公司计划于 2025 年 12 月 08 日 （星 期一） 15:00-16:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进 行交流。 一、 说明 ...