黄金概念板块领跌，下跌1.0%，其中莱绅通灵下跌6.23%，武商集团下跌6.16%，赤峰黄金下跌4.98%， 萃华珠宝、西部黄金、曼卡龙跌超4%。（第一财经AI快讯） ...

Market Overview - The Shanghai Composite Index rose by 0.16% on August 7, with 18 out of the 28 sectors experiencing gains. The top-performing sectors were non-ferrous metals and beauty care, with increases of 1.20% and 0.99% respectively. The textile and apparel sector also saw a rise of 0.81%. Conversely, the pharmaceutical and biological sector and the electric equipment sector faced declines of 0.92% and 0.74% respectively [1]. Capital Flow Analysis - The main capital flow showed a net outflow of 37.824 billion yuan across the two markets. Eight sectors recorded net inflows, with the electronics sector leading at a net inflow of 3.124 billion yuan and a daily increase of 0.45%. The non-ferrous metals sector followed with a net inflow of 650 million yuan and a daily increase of 1.20% [1]. - A total of 23 sectors experienced net outflows, with the machinery equipment sector seeing the largest outflow of 6.321 billion yuan, followed by the national defense and military industry with an outflow of 6.071 billion yuan. Other sectors with significant outflows included pharmaceuticals, electric equipment, and computers [1]. Textile and Apparel Sector Performance - The textile and apparel sector increased by 0.81% with a net inflow of 465 million yuan. Out of 105 stocks in this sector, 47 stocks rose, including 5 that hit the daily limit. However, 54 stocks declined. Notably, 37 stocks had net inflows, with 5 stocks receiving over 50 million yuan in net inflows. The top stock for net inflow was Jihua Group, with an inflow of 388 million yuan, followed by Feiyada and Laishen Tongling with inflows of 135 million yuan and 110 million yuan respectively [2]. - The sector also had stocks with significant net outflows, with 6 stocks experiencing outflows exceeding 30 million yuan. The stocks with the largest outflows were Huafu Fashion, Wanlima, and Nanshan Zhishang, with outflows of 112 million yuan, 86.16 million yuan, and 39.82 million yuan respectively [2][4]. Top Gainers in Textile and Apparel Sector - The top gainers in the textile and apparel sector included: - Jihua Group: +10.09% with a turnover rate of 9.66% and a main capital flow of 388.31 million yuan - Feiyada: +10.03% with a turnover rate of 11.49% and a main capital flow of 135.38 million yuan - Laishen Tongling: +10.02% with a turnover rate of 10.05% and a main capital flow of 110.23 million yuan - Other notable gainers included Jin Hong Group and Mankalon with increases of 10.05% and 5.71% respectively [3]. Top Losers in Textile and Apparel Sector - The top losers in the textile and apparel sector included: - Huafu Fashion: -1.15% with a turnover rate of 9.28% and a main capital flow of -112.27 million yuan - Wanlima: +3.57% with a turnover rate of 47.18% and a main capital flow of -86.16 million yuan - Nanshan Zhishang: -2.20% with a turnover rate of 4.25% and a main capital flow of -39.82 million yuan - Other notable losers included Tanshizhe and Qipiwolf with declines of -0.44% and -1.47% respectively [4].

Core Viewpoint - The report from Huaxin Securities indicates that the company Laisentongling has turned a profit, primarily driven by the contribution from its gold business, which has seen revenue growth of over 30% year-on-year [1] Group 1: Financial Performance - The improvement in performance is mainly attributed to the expansion of the gold business, which has significantly increased the company's revenue [1] - The product structure has been continuously optimized, with a notable increase in the proportion of high-margin gold inlay business, leading to an enhancement in overall gross margin [1] - The company has also optimized its business processes and strengthened cost control, resulting in an improvement in operational efficiency and a year-on-year decrease in the comprehensive expense ratio [1] Group 2: Future Outlook - With the expansion of the gold business and optimization of operational costs, the company's performance is expected to continue improving [1] - The gold business, which started in 2023, is projected to see a significant increase in sales in 2024, stabilizing and recovering overall revenue, thus forming a second growth curve [1] - As the product matrix expands, store upgrades, and regional expansion occur, the company's performance is anticipated to keep rising [1] Group 3: Earnings Projections - According to the preliminary earnings announcement for the first half of 2025, the expected EPS for 2025-2027 are projected to be 0.18, 0.33, and 0.47 yuan respectively [1] - The current stock price corresponds to PE ratios of 54, 30, and 21 times for the years 2025, 2026, and 2027 respectively [1] - The report initiates coverage with a "Buy" investment rating [1]

华鑫证券研报指出，莱绅通灵利润端扭亏为盈，金镶钻贡献增量。业绩改善主要得益于黄金业务拓展驱 动公司营收同增超30%；产品结构持续优化，高毛利黄金镶嵌业务占比明显提高带动综合毛利率提升； 此外，公司持续优化业务流程并强化费控，运营效率有所提高，综合费用率同比下降。随着黄金业务拓 展和运营费控优化，公司业绩有望持续向好。公司自2023年开展黄金业务，2024年黄金业务销售大增驱 动整体营收企稳回升，已形成第二增长曲线，随着产品矩阵丰富、门店升级和区域拓展，公司业绩有望 持续回升。根据2025年半年度业绩预盈公告，预计2025-2027年EPS分别为0.18/0.33/0.47元，当前股价对 应PE分别为54/30/21倍，首次覆盖，给予"买入"投资评级。 ...

Core Viewpoint - The stock of Laishen Tongling reached a limit-up closing price of 10.87 yuan on August 7, 2025, driven by strong performance expectations and market dynamics [1]. Group 1: Company Performance - Laishen Tongling expects a 259% year-on-year increase in net profit for the mid-2025 report, primarily benefiting from the expansion of its gold business and an increase in the proportion of high-margin products [1]. - The company has made significant progress in optimizing its product structure, enhancing its competitive advantage through increased R&D in gold inlay and IP series products [1]. Group 2: Market Dynamics - The brand value of Laishen Tongling is being reinforced by its heritage as a supplier to European royal jewelry and its positioning in artistic gold, which strengthens market recognition [1]. - The gold jewelry sector is experiencing a boost from risk-averse sentiment in the market, coupled with the rising popularity of IP economy concepts, creating a synergistic effect across the sector [1]. Group 3: Capital Flow Analysis - On August 7, 2025, the net inflow of main funds was 116 million yuan, accounting for 32.32% of the total trading volume, while retail investors saw a net outflow of 77.18 million yuan, representing 21.5% of the total trading volume [2]. - Over the past five days, the stock has shown fluctuations in capital flow, with varying net inflows and outflows from main funds, retail investors, and speculative funds [2].

莱绅通灵封涨停，曼卡龙、潮宏基涨超5%，迪阿股份、飞亚达、菜百股份、萃华珠宝等跟涨。 (本文来自第一财经) ...

饰品板块走高，莱绅通灵涨停，曼卡龙、明牌珠宝、深中华A、菜百股份、萃华珠宝等纷纷走高。 ...

2025 年 08 月 07 日 利润端扭亏为盈，金镶钻贡献增量 买入(首次) 投资要点 | 分析师：孙山山 | S1050521110005 | | --- | --- | | sunss@cfsc.com.cn | | | 联系人：张倩 | S1050124070037 | | zhangqian@cfsc.com.cn | | | 基本数据 | 2 0 2 5-0 8-0 6 | | --- | --- | | 当前股价（元） | 9.88 | | 总市值（亿元） | 34 | | 总股本（百万股） | 343 | | 流通股本（百万股） | 342 | | 52 周价格范围（元） | 4.76-13.86 | | 日均成交额（百万元） | 200.71 | 市场表现 资料来源：Wind，华鑫证券研究 -50 0 50 100 150 200 (%) 莱绅通灵 沪深300 相关研究 —莱绅通灵（603900.SH）公司动态研究报告 ▌ 营收大幅增长，利润扭亏为盈 7 月 14 日，莱绅通灵发布 2025 年半年度业绩预盈公告，预 计 2025H1 实现归母净利润 0.59 亿元（2024H1 为-0.3 ...

证券之星消息，7月30日饰品板块较上一交易日下跌0.02%，飞亚达领跌。当日上证指数报收于3615.72， 上涨0.17%。深证成指报收于11203.03，下跌0.77%。饰品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 002345 | 潮宏基 | 14.68 | 4.19% | 36.33万 | | 5.30亿 | | 300945 | 曼卡龙 | 19.52 | 1.72% | 15.46万 | | 3.01亿 | | 665509 | 菜直股份 | 15.29 | 0.66% | 5.01万 | 7651.16万 | | | 600916 | 中国黄金 | 8.24 | 0.37% | 18.98万 | | 1.57亿 | | 002731 | 幸华珠宝 | 13.01 | 0.31% | 7.18万 | 9348.38万 | | | 002867 | 周大生 | 13.14 | 0.23% | 4.70万 | 6173.52万 | | | 600 ...

证券代码：603900 证券简称：莱绅通灵 公告编号：2025-031 莱绅通灵珠宝股份有限公司 关于选举职工代表董事的公告 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。 莱绅通灵珠宝股份有限公司（以下简称"公司"）于 2025 年 7 月 21 日召开 第五届第三次职工代表会议，选举易春秀女士为公司第五届董事会职工代表董 事，任期自职工代表会议通过之日起至本届董事会届满之日。 易春秀女士，1976 年 2 月出生，中国国籍，无境外永久居留权，硕士学历， 曾任南京肯德基公司溧阳分公司门店经理、公司运营中心总经理、广东潮宏基 实业股份有限公司运营大区总经理，2022 年至今历任公司大区负责人、渠道与 大客户发展部负责人，现任公司渠道与大客户发展部负责人、第五届董事会职 工代表董事。 易春秀女士直接持有公司股份 60,000 股，为公司 2022 年股权激励计划授 予的限制性股票。此外，易春秀女士还持有公司股东南京传世美璟投资管理有 限公司 10.00%的股权（南京传世美璟投资管理公司持有公司股份 7,428,400 股， 占公 ...