Investment Rating - The report does not explicitly state an investment rating for the industry Core Insights - The consumer sector experienced a decline across all segments, with notable drops in sectors such as home appliances, beauty care, food and beverage, textile and apparel, retail, and social services, with weekly declines of -0.66%, -2.25%, -2.49%, -2.59%, -4.32%, and -5.92% respectively [2] - The upcoming Mid-Autumn Festival and National Day holidays are expected to boost tourism, with significant increases in orders for cross-province travel, car rentals, and self-driving tours, with Ctrip reporting a 45% year-on-year increase in cross-province orders for the National Day period [2][14] - The home appliance export sector continues to face challenges, with a 3.6% year-on-year decline in the number of units exported in August 2025, although the decline rate has narrowed [2] Summary by Sections Market Weekly Review - The consumer sector saw a comprehensive decline, with specific sectors like food and beverage and home appliances showing significant fluctuations in stock performance [2][12][13] Industry News and Key Company Announcements - The report highlights the launch of a global cruise service ecosystem by Zhongxin Tourism, which has seen a 130% increase in cruise orders this year [14] - The Ministry of Commerce and other departments issued guidelines to promote digital consumption, focusing on enhancing supply and fostering digital consumption enterprises [15] - Haier's air conditioning production base in Thailand has commenced operations, with an annual capacity of 6 million units [14] - Ctrip reported a 125% increase in orders from South Korean tourists visiting China in the first half of 2025 [14]

Group 1 - The medical beauty sector experienced a slight decline of 0.06% on September 26, with Jinbo Biological leading the drop [1] - The Shanghai Composite Index closed at 3828.11, down 0.65%, while the Shenzhen Component Index closed at 13209.0, down 1.76% [1] - The individual stock performance in the medical beauty sector showed mixed results, with Aimeike increasing by 1.31% to 182.21, while Jinbo Biological decreased by 1.43% to 286.15 [1] Group 2 - The net capital outflow from the medical beauty sector amounted to 23.59 million yuan, while retail investors saw a net outflow of 35.19 million yuan [1] - Institutional investors had a net inflow of 58.78 million yuan into the sector [1] - Detailed capital flow data for individual stocks indicated significant variations, with Aimeike experiencing a net outflow of 42.64 million yuan, while ST Meigu saw a net inflow of 4.09 million yuan [2]

Core Viewpoint - *ST Meigu (000615.SZ) has signed a supplementary agreement with eight restructuring investors to adjust the original investment plan, aiming to address related guarantee debt issues and protect the interests of the listed company and minority investors [1] Summary by Sections Investment Agreement Adjustments - The share transfer price for industrial investors Hubei Jiuzhou Industrial Park Operation Management Co., Ltd. and Tianjin Xinmeitongcheng Equity Investment Partnership (Limited Partnership) has been uniformly adjusted to 1.62 CNY per share, with them acquiring 435,930,312 shares and 121,091,754 shares respectively [1] - The remaining six financial investors, including China Foreign Economic and Trade Trust Co., Ltd. and Shenzhen Jifuqirui Investment Partnership, have their share transfer price adjusted to 2.08 CNY per share, with share acquisition ranging from 18.16 million to 96.87 million shares [1] Debt Settlement Mechanism - To resolve related guarantee debts, some transferred shares will be used for debt settlement. For instance, Hubei Jiuzhou will use 75,930,312 shares and Tianjin Xinmeitong will use 21,091,754 shares for creditor repayment, with other investors proportionally contributing shares for debt settlement [1] Payment and Lock-up Commitments - All investment funds must be paid within three working days after the court approves the restructuring plan, and no later than December 31, 2025 [1] - The restructuring investors have committed to a share lock-up period, with the two industrial investors locking their shares for 36 months and the six financial investors for 12 months, during which they cannot transfer or reduce their holdings [1]

资协议之补充协议》的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 证券代码：000615 证券简称：*ST美谷 公告编号：2025-080 奥园美谷科技股份有限公司 关于与重整投资人签署《奥园美谷科技股份有限公司重整投 根据《深圳证券交易所股票上市规则（2025 年修订）》（以下简称《股票 上市规则》）第 9.4.1 条第（九）项规定，若法院裁定受理申请人对公司的重 整申请，公司股票将因此被实施退市风险警示。敬请广大投资者注意投资风险。 重要风险提示： 1.公司是否能进入重整程序尚存在不确定性。 预重整程序是为了提前启动公司债权债务梳理等相关工作，提高后续重整 工作推进效率及重整可行性的程序。湖北省襄阳市中级人民法院（以下简称"襄 阳中院"）同意公司预重整，不代表法院正式受理申请人对公司的重整申请， 截至本公告披露日，公司尚未收到法院关于受理重整申请的相关法律文书，即 申请人的重整申请能否被法院受理、公司后续是否进入重整程序均存在不确定 性。敬请广大投资者注意投资风险。 重整或预重整是否成功也存在不确定性。法院决定受理预重整申请，也不 代表公司正式进入 ...

Core Viewpoint - The company has signed a supplementary agreement with restructuring investors regarding the restructuring investment agreement, which involves the transfer of shares at specified prices to various investors [1] Summary by Relevant Categories Share Transfers - Hubei Jiuzhou Industrial Park Operation Management Co., Ltd. will acquire 436 million shares at a price of 1.62 CNY per share, totaling 706 million CNY [1] - Tianjin Xinmeitongcheng Equity Investment Partnership (Limited Partnership) will acquire 121 million shares at a price of 1.62 CNY per share, totaling 196 million CNY [1] - China Foreign Economic and Trade Trust Co., Ltd. (acting for "Foreign Trade Trust - Xuanwu No. 39 Collective Fund Trust Plan") will acquire 42.38 million shares at a price of 2.08 CNY per share, totaling 88.15 million CNY [1] - Shenzhen Jifuqirui Investment Partnership (Limited Partnership) (acting for "Jifuqirui Tianze No. 9 Private Securities Investment Fund") will acquire 96.87 million shares at a price of 2.08 CNY per share, totaling 201 million CNY [1] - Beijing Yanyuan Mingfeng Medical Technology Partnership (Limited Partnership) will acquire 32.22 million shares at a price of 2.08 CNY per share, totaling 67.01 million CNY [1] - Shanghai Chuanghoufengxin Enterprise Development Partnership (Limited Partnership) will acquire 54.49 million shares at a price of 2.08 CNY per share, totaling 113 million CNY [1] - Hubei Hanjiang Industrial Investment Co., Ltd. will acquire 60.55 million shares at a price of 2.08 CNY per share, totaling 126 million CNY [1] - Xiangyang City Fan District Urban Operation Investment Group Co., Ltd. will acquire 18.16 million shares at a price of 2.08 CNY per share, totaling 37.78 million CNY [1] Purpose of Investment - The investment funds will be used to resolve related guarantee debts and facilitate the smooth implementation of pre-restructuring and restructuring processes [1]

Group 1 - The medical beauty sector experienced a slight increase of 0.05% on September 25, with *ST Meigu leading the gains [1] - The Shanghai Composite Index closed at 3853.3, down 0.01%, while the Shenzhen Component Index closed at 13445.9, up 0.67% [1] - The trading volume and turnover for *ST Meigu were 216,900 hands and 70.9732 million yuan, respectively, with a price increase of 3.14% [1] Group 2 - The medical beauty sector saw a net outflow of 26.412 million yuan from institutional funds, while retail investors contributed a net inflow of 10.4691 million yuan [1] - The individual stock performance showed *ST Meigu with a net inflow of 10.6411 million yuan, while Huaxi Biological and Aimeike experienced net outflows of 3.1146 million yuan and 26.2049 million yuan, respectively [2]

证券代码：000615 证券简称：*ST美谷 公告编号：2025-079 奥园美谷科技股份有限公司 关于控股子公司债务逾期的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、控股子公司债务逾期情况概述 奥园美谷科技股份有限公司（以下简称"公司"）控股子公司湖北金环绿色 纤维有限公司（以下简称"金环绿纤"）、湖北金环新材料科技有限公司（以下 简称"金环新材料"）和广州奥美产业投资有限公司（以下简称"奥美产投"） 出现部分债务未能如期偿还的情形，公司及其控股子公司对前述逾期债务提供了 连带责任担保，具体详见 2024 年 11 月 28 日、2025 年 1 月 10 日、2 月 6 日、2 月 18 日、3 月 8 日、3 月 22 日、5 月 21 日、6 月 24 日、7 月 12 日和 8 月 20 日 刊登在巨潮资讯网（www.cninfo.com.cn，下同）的《关于控股子公司债务逾期 的公告》（公告编号：2024-116）、《关于控股子公司债务逾期的公告》（公告 编号：2025-002）、《关于控股子公司债务逾期的进展公告》（公告编号：2 ...

Group 1 - The medical beauty sector experienced a decline of 1.81% on September 22, with Ai Meike leading the drop [1] - The Shanghai Composite Index closed at 3828.58, up 0.22%, while the Shenzhen Component Index closed at 13157.97, up 0.67% [1] - Major stocks in the medical beauty sector showed varied performance, with *ST Meigu closing at 3.20, up 3.56%, and Ai Meike closing at 182.95, down 2.03% [1] Group 2 - The net outflow of main funds in the medical beauty sector was 93.56 million yuan, while retail investors saw a net inflow of 57.63 million yuan [1] - Specific stock fund flows indicated that Ai Meike had a net outflow of 78.89 million yuan, representing a decrease of 13.97% [2] - Huaxi Biological had a net outflow of 17.17 million yuan, down 8.74%, while *ST Meigu saw a net inflow of 2.50 million yuan, up 3.23% [2]

| 代码 | | | 名称 | | | | | --- | --- | --- | --- | --- | --- | --- | | 000615 *ST美谷 | -816.02万 | -34.93% | 325.27万 | 13.92% | 490.75万 | 21.01% | | 688363 华熙生物 | -2980.80万 | -12.87% | 1401.94万 | 6.05% | 1578.86万 | 6.82% | | 300896 爱美客 | -9072.07万 | -14.75% | 570.74万 | 0.93% | 8501.33万 | 13.82% | | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 688363 | 华熙生物 | 57.98 | -0.77% | 3.99万 | | 2.32 Z | | 000615 | *ST美谷 | 3.09 | -1.28% | 7.53万 | | 2336.03万 | | 300896 | 爱美客 | 189. ...

Market Overview - The medical beauty sector increased by 0.3% on September 15, with Huaxi Biological leading the gains [1] - The Shanghai Composite Index closed at 3860.5, down 0.26%, while the Shenzhen Component Index closed at 13005.77, up 0.63% [1] Individual Stock Performance - Huaxi Biological (688363) closed at 59.90, up 1.34%, with a trading volume of 56,000 shares and a transaction value of 334 million [1] - *ST Meigu (000615) closed at 3.13, up 0.32%, with a trading volume of 58,300 shares and a transaction value of 18.19 million [1] - Aimeike (300896) closed at 194.07, down 0.43%, with a trading volume of 28,800 shares and a transaction value of 561 million [1] - Jinbo Biological (832982) closed at 302.60, down 3.69%, with a trading volume of 15,400 shares and a transaction value of 471 million [1] Capital Flow Analysis - The medical beauty sector experienced a net outflow of 46.726 million from institutional investors, while retail investors saw a net inflow of 27.246 million [1] - The sector's overall capital flow indicates a mixed sentiment, with retail investors showing interest despite institutional outflows [1]