（http://www.sse.com.cn/）和符合中国证监会规定条件网站（中证网：http://www.cs.com.cn；中国证券 网：http://www.cnstock.com；证券时报网：http://www.stcn.com；证券日报网：http://www.zqrb.cn；经济 参考网：https://www.jjckb.cn；中国日报网：http://cn.chinadaily.com.cn；中国金融新闻网： https://www.financialnews.com.cn）披露，并置备于发行人、上交所、本次发行保荐人（主承销商）中国 国际金融股份有限公司的住所，供公众查阅。 ■ 发行人：浙江振石新材料股份有限公司 浙江振石新材料股份有限公司（以下简称"振石股份"、"发行人"或"公司"）首次公开发行股票并在主板 上市的申请已经上海证券交易所（以下简称"上交所"）上市审核委员会审议通过，并已经中国证券监督 管理委员会（以下简称"中国证监会"）证监许可〔2025〕2672号同意注册。《浙江振石新材料股份有限 公司首次公开发行股票并在主板上市招股意向书》及附录在上海证券交易所网站 保荐人（主承销商 ...

上证公告（基金）【2026】113号 为促进天弘上证科创板芯片设计主题交易型开放式指数证券投资基金（以下简称科芯TH，基金代 码:589070）的市场流动性和平稳运行，根据《上海证券交易所基金自律监管规则适用指引第2号——上 市基金做市业务》等相关规定，本所同意中国国际金融股份有限公司自2026年01月23日起为科芯TH提 供主做市服务。 特此公告。 上海证券交易所 2026年01月22日 ...

截至9月30日，牧高笛股东户数1.23万，较上期减少4.30%；人均流通股7602股，较上期增加4.49%。 2025年1月-9月，牧高笛实现营业收入8.19亿元，同比减少24.21%；归母净利润3664.62万元，同比减少 60.35%。 分红方面，牧高笛A股上市后累计派现4.91亿元。近三年，累计派现2.20亿元。 机构持仓方面，截止2025年9月30日，牧高笛十大流通股东中，诺安多策略混合A（320016）位居第四 大流通股东，持股55.16万股，相比上期增加14.97万股。华夏兴阳一年持有混合（009010）退出十大流 通股东之列。 1月21日，牧高笛涨0.57%，成交额3212.00万元。两融数据显示，当日牧高笛获融资买入额318.21万 元，融资偿还212.30万元，融资净买入105.91万元。截至1月21日，牧高笛融资融券余额合计7142.65万 元。 融资方面，牧高笛当日融资买入318.21万元。当前融资余额7111.20万元，占流通市值的3.08%，融资余 额超过近一年80%分位水平，处于高位。 融券方面，牧高笛1月21日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0. ...

Group 1 - The core viewpoint of the article highlights the decline in the number of enterprises in the leather, fur, feather, and footwear industries in China, with a total of 8,783 enterprises reported for the period from January to November 2025, representing a decrease of 123 enterprises or a 1.38% year-on-year decline [1][1][1] Group 2 - The report indicates that the proportion of leather, fur, feather, and footwear enterprises within the total industrial enterprises stands at 1.67% [1][1][1] - The data referenced in the article is sourced from the National Bureau of Statistics and compiled by Zhiyan Consulting, a leading industry consulting firm in China [1][1][1] - The article mentions that the threshold for large-scale industrial enterprises has been raised from an annual main business income of 5 million yuan to 20 million yuan since 2011 [1][1][1]

证券日报网讯 1月20日，牧高笛在互动平台回答投资者提问时表示，公司已实现全球化业务布局，业务 覆盖欧洲在内的多个国家和地区，相关经营等情况请参阅公司定期报告。 （文章来源：证券日报） ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：南财社 A股户外龙头，还是没有出人意料的业绩暴雷了。 1月19日晚，牧高笛发布2025年度业绩预告，预计2025年度净亏损为2200万元~3300万元，扣非后的净 亏损为3200万~4300万。 这也是牧高笛上市以来的首次年度亏损。上一年牧高笛净利润为8376万，同比暴跌了 126.27%~139.40%。 牧高笛的暴雷其实早有迹象。自2022年露营经济爆火以来， 户外龙头牧高笛就进入股民眼中，其当年 净利润也创下历史新高。但自那以后，牧高笛此后每年的净利润都在走下坡路。 尤其是在2025年里，每个季度业绩都在同比下滑，净利润下滑幅度也是越来越大。Q3净利润直接由正 转负，亏损1056万。如果业绩预告计算，2025年第四季度单季度亏损或高达5865万~6965万。最高近 7000万的亏损。 与此同时，牧高笛高管们的薪酬却与持续下滑的业绩背道而驰，反而还在不断上涨。其中董事长的薪酬 在三年里从72万元暴涨至562万元，涨幅近7倍。 01 户外露营红利褪去， A股户外龙头业绩凉了 牧高笛的爆火，源于2022年露营经济的爆发，人们被疫情 ...

Financial Performance - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -22 million and -33 million yuan, indicating a loss [3]. - The expected net profit attributable to shareholders after deducting non-recurring gains and losses is projected to be between -32 million and -43 million yuan [4]. - In the same period last year, the total profit was 105.69 million yuan, with a net profit attributable to shareholders of 83.76 million yuan [5]. Sales and Revenue - The company reported a decrease in sales revenue compared to the same period last year due to market environment impacts [7]. - The sales structure adjustment led to a reduced proportion of sales to enterprise clients, while increasing sales expenses due to efforts to expand the consumer market and cross-border business [7]. Inventory and Asset Management - The company increased its inventory impairment provision as part of a strategy to accelerate new product iterations and improve asset turnover [7]. Government Subsidies - Government subsidies recognized in the current period decreased compared to the same period last year, impacting non-recurring gains and losses [7]. Employee Incentives - The company terminated its 2023 employee stock ownership plan and 2024 stock option incentive plan early, leading to accelerated recognition of related share-based payment expenses [7]. Forecast and Risks - The performance forecast data is based on preliminary calculations by the company's finance department and has not been audited by a registered accountant [8]. - Investors are advised to pay attention to investment risks as the forecast data is subject to change pending the audited annual report [9].

Group 1 - The company, Mukao Di, forecasts a net loss attributable to shareholders of the parent company between -22 million to -33 million yuan for the year 2025, indicating a decline in performance [1] - The primary reason for the performance change is regular gains and losses, with sales falling short of expectations due to market conditions, leading to a decrease in operating revenue compared to the same period last year [1] - The sales structure has shifted, with a reduced proportion of sales to enterprise clients, while the company is actively expanding into the end-consumer market and cross-border business, resulting in increased sales expenses [1] Group 2 - To accelerate new product iterations and improve asset turnover, the company has adjusted its inventory reduction strategy, leading to an increase in the provision for inventory impairment [1] - Non-recurring gains and losses include a decrease in government subsidies recognized in the current period compared to the same period last year [1] - The company has prematurely terminated its 2023 employee stock ownership plan and 2024 stock option incentive plan, resulting in accelerated recognition of related share-based payment expenses impacting current performance [1]

Group 1 - The company Mugaodi (603908.SH) is expected to report a net loss attributable to shareholders of the parent company ranging from -22 million to -33 million yuan for the fiscal year 2025 [1] - The projected net profit attributable to shareholders of the parent company, after deducting non-recurring gains and losses, is estimated to be between -32 million and -43 million yuan for the fiscal year 2025 [1]

Core Viewpoint - Mugaodi (603908.SH) is expected to report a net loss attributable to shareholders of the parent company ranging from -22 million to -33 million yuan for the fiscal year 2025, indicating a downturn in financial performance [1] Financial Performance - The company anticipates a net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, to be between -32 million and -43 million yuan for the fiscal year 2025 [1]