浙江新澳纺织股份有限公司 关于子公司通过高新技术企业重新认定的公告 浙江新澳纺织股份有限公司董事会 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个别及连带责任。 2025 年 11 月 28 日 近日，全国高新技术企业认定管理工作领导小组办公室发布《对宁夏回族自 治区认定机构 2025 年认定报备的第一批高新技术企业进行备案的公告》，浙江新 澳纺织股份有限公司（以下简称"公司"）控股子公司宁夏新澳羊绒有限公司（以 下简称"新澳羊绒"）被列入宁夏回族自治区认定机构 2025 年认定报备的第一批 高新技术企业备案名单，证书编号为：GR202564000009，有效期三年。 证券代码：603889 证券简称：新澳股份 公告编号：2025-050 新澳羊绒本次高新技术企业的认定系在原证书有效期满后的重新认定。根据 国家对高新技术企业的相关税收规定，公司控股子公司新澳羊绒自通过本次高新 技术企业重新认定后，连续三年内可继续享受国家关于高新技术企业的相关优惠 政策，即按 15%的税率缴纳企业所得税。 特此公告。 ...

（文章来源：证券日报） 证券日报网讯 11月24日晚间，新澳股份发布公告称，公司于2025年9月5日、9月22日分别召开了第六届 董事会第二十三次会议与2025年第二次临时股东会，审议通过了《关于变更注册资本并修订的议案》， 同意公司因回购注销部分限制性股票事宜，对公司注册资本及股份总数进行变更。同意公司注册资本由 人民币730，297，443元变更为人民币730，241，443元，公司股份总数由730，297，443股变更为730， 241，443股。同意对《公司章程》相应条款进行修订。公司已于2025年11月13日在中国证券登记结算有 限责任公司上海分公司完成前述注销手续。近日，公司完成了相关工商变更登记手续，并取得浙江省市 场监督管理局换发的《营业执照》。 ...

证券代码：603889 证券简称：新澳股份 公告编号：2025-049 浙江新澳纺织股份有限公司 关于完成工商变更登记并换发营业执照的公告 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个别及连带责任。 类型：股份有限公司（上市、自然人投资或控股） 住所：桐乡市崇福镇观庄桥 法定代表人：沈建华 注册资本：柒亿叁仟零贰拾肆万壹仟肆佰肆拾叁元 成立日期：1995 年 09 月 08 日 公司已于 2025 年 11 月 13 日在中国证券登记结算有限责任公司上海分公司 完成前述注销手续。 近日，公司完成了相关工商变更登记手续，并取得浙江省市场监督管理局换 发的《营业执照》。变更后的相关信息如下： 统一社会信用代码：91330000146884443G 名称：浙江新澳纺织股份有限公司 经营范围：毛条、毛纱的生产、销售，纺织原料（除白厂丝）和产品的批发、 代购代销，企业自产的毛纱、毛纺面料的出口，本企业生产科研所需的原辅材料、 机械设备、仪器仪表及零配件的进口。(依法须经批准的项目，经相关部门批准 浙江新澳纺织股份有限公司（以下简称"公司"）于 ...

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 Points - Xin'ao Co., Ltd. (603889) announced that it has not provided any guarantees to organizations or individuals outside of the company and its subsidiaries [1] - The company has not provided guarantees to its controlling shareholders, actual controllers, or their affiliates [1] - There are no overdue guarantees reported by the company [1]

证券代码：603889 证券简称：新澳股份 公告编号：2025-048 浙江新澳纺织股份有限公司 关于公司与子公司、子公司之间提供担保的进展公告 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： 担保对象及基本情况 | | 被担保人名称 | 新澳股份（香港）有限公司 | | --- | --- | --- | | | 本次担保金额 | 48,164.00 万元 | | 担 保 | 对 实际为其提供的担保余额 | 20,400.01 万元 | | 象一 | | | | | 是否在前期预计额度内 | 是 □否 □不适用：_________ | | | 本次担保是否有反担保 | □是 否 □不适用：_________ | | | 被担保人名称 | 浙江钛源纺织品有限公司 | | | 本次担保金额 | 5,000.00 万元 | | 担 保 象二 | 对 实际为其提供的担保余额 | 0.00 万元 | | | 是否在前期预计额度内 | □否 □不适用：_________ 是 | | | 本次担保是否有反担保 | □ ...

Group 1 - The core transaction details indicate that Xin'ao Co., Ltd. executed a block trade of 2.0984 million shares on November 18, with a total transaction value of 16.85 million yuan, representing 12.72% of the total trading volume for that day [1][2] - The transaction price was 8.03 yuan per share, which is consistent with the market closing price of 8.03 yuan, indicating no premium or discount in the transaction [1][2]

Investment Strategy Overview - The report emphasizes the stabilization of global tariff negotiations, which does not alter the core competitiveness of global manufacturing, and highlights optimism towards two major industrial chains and a price increase cycle [3][4]. Industry Performance Review - As of November 14, 2025, the SW textile and apparel index has increased by 16.9%, ranking 17th in relative performance across the market. The manufacturing sector shows higher certainty compared to brands still in recovery [4][8]. - Domestic demand is at a low point in 2025 but is expected to recover in 2026-2027, focusing on the characteristics of young consumer groups to explore high-growth areas in new consumption [4][21]. New Consumption Trends - High-performance outdoor apparel is identified as a growth area with low penetration and high potential, with the market size projected to reach 102.7 billion yuan in 2024, growing by 17% year-on-year [4][33]. - Discount retail is highlighted as a scarce high-growth area within the consumption sector, with rapid expansion in urban outlets and hard discount specialty stores [4][46]. - The personal care and cleaning market, particularly wet wipes, is noted for its rapid growth and increasing necessity among young consumers, with a market size in China expected to reach 100 billion yuan [4][62]. - The sleep economy is emerging as a significant market, with explosive growth in household textile products, driven by young consumers' acceptance [4][20]. - The report discusses Nike's innovation cycle, which is expected to benefit from inventory replenishment and product innovation, similar to Adidas's recovery cycle [4][20]. - The Australian wool price increase cycle is anticipated due to supply contraction and demand highlights, with potential market space comparable to previous high points in 2011 and 2018 [4][20]. - The healthcare material upgrade cycle presents broad replacement opportunities for overseas non-woven fabrics [4][20]. Global Manufacturing Insights - The report notes that the resolution of tariff variables is expected to lead to a new growth phase for leading companies [4][27]. - The textile industry has undergone a pressure test for external demand, with recent tariff negotiations expected to boost export chain expectations for 2026 [4][26]. Investment Recommendations - The report suggests focusing on high-growth new consumption areas and the competitive strength of global manufacturing as key investment strategies [4][27].

Core Insights - The textile and apparel industry is expected to face pressure in 2025, with brand performance remaining subdued and manufacturing exports impacted by tariffs [1][2] - In 2026, manufacturing is anticipated to stabilize before brands, with investment opportunities focusing on resilient sectors such as outdoor sports, quality manufacturing firms benefiting from order recovery, and companies innovating in products and marketing [1][3] Industry Overview 2025 - Industry data indicates that apparel brand retail sales growth is slow, and textile manufacturing exports are weakening due to tariff impacts. Despite a low base in Q2 and Q3, growth accelerated in September and October [2] - The textile manufacturing sector experienced a high start but a decline in performance, while revenue drops in apparel and home textiles have narrowed. The sportswear segment showed better revenue growth, and online channels outperformed offline for home textiles [2] - The A-share textile and apparel index underperformed the broader market, with continuous downward adjustments in brand expectations and slow valuation increases in manufacturing [2] Outlook for 2026 - The textile manufacturing sector is expected to stabilize before the apparel sector, with structural opportunities in the industry. Key areas include the dominance of sports and outdoor categories, strong online growth driven by major home textile products, and new brands leveraging social media marketing and product iterations [3] - Brands with mid-to-high pricing power, the ability to explore niche markets, and innovative product offerings are likely to stand out in a cautious consumption environment [3] Manufacturing Opportunities - Tariff disruptions are showing signs of stabilization, with a recovery trend in exports of footwear and apparel products. Some raw materials, like wool, have seen a short-term price rebound [4] - Textile manufacturing firms are experiencing order pressures, but as tariff costs are gradually passed down, expectations for order stabilization have improved for Q4 and early next year. Companies with strong new product development and efficiency management are viewed favorably for both fundamental and valuation growth [4] Investment Recommendations - Investment focus should be on three main areas: outdoor sports, quality manufacturing, and brand innovation. The outdoor sports sector is expected to have long-term growth advantages, while brands that can innovate products and drive structural price increases are also promising [5] - Specific companies to watch include Anta Sports, Li Ning, and Xtep in the sports sector; Shenzhou International, Huali Group, and Kai Run in manufacturing; and Bosideng and Haier in the apparel and home textile sector [5]

Core Points - New Australia Co., Ltd. experienced a stock price decline of 2.06% on November 17, trading at 8.10 yuan per share with a market capitalization of 5.915 billion yuan [1] - The company has seen a year-to-date stock price increase of 20.72%, with a 35.45% rise over the past 60 days [1] - As of September 30, the company reported a revenue of 3.894 billion yuan for the first nine months of 2025, reflecting a year-on-year growth of 0.60% [2] Financial Performance - The company’s main business revenue composition includes: fine wool yarn 56.11%, cashmere 30.77%, wool tops 11.87%, modified processing, dyeing and finishing, and cashmere processing 0.78%, and others 0.48% [1] - The net profit attributable to the parent company for the same period was 377 million yuan, showing a year-on-year increase of 1.98% [2] Shareholder Information - As of September 30, the number of shareholders increased by 8.80% to 16,000, with an average of 44,965 circulating shares per person, a decrease of 8.09% [2] - Since its A-share listing, the company has distributed a total of 1.372 billion yuan in dividends, with 643 million yuan distributed over the past three years [3]