证券日报网讯1月22日，七匹狼（002029）在互动平台回答投资者提问时表示，公司积极推进AI技术与 服装生产销售全链路融合应用，生产端实现AI辅助设计出图、图案智能重构、模特展示图批量生成、 工艺单自动化、AI视觉质检等；销售端部署AI智能陪练、"狼货通"话术管理、AI销售Agent、批量营销 素材生成及经营数据自动分析，目前AI已在产销各环节落地，助力效率提升与成本降低。 ...

证券日报网讯1月22日，七匹狼（002029）在互动平台回答投资者提问时表示，截至目前，公司主营业 务及未来战略规划中，未涉及AI4S相关业务布局。公司聚焦主业经营，积极关注并高度重视技术创 新，推动产品竞争力和运营效率的提升。后续如有相关重大布局，将严格履行信息披露义务。 ...

Core Viewpoint - The company, Seven Wolves (002029.SZ), has stated that it currently does not have any business layout related to AI4S in its main operations and future strategic planning [1] Group 1: Business Focus - The company is focused on its main business operations and is actively paying attention to and valuing technological innovation [1] - The company aims to enhance product competitiveness and operational efficiency [1] Group 2: Future Disclosures - The company will strictly fulfill its information disclosure obligations if there are any significant future layouts related to AI4S [1]

Market Performance - The internet insurance sector declined by 1.50%, ranking among the top losers in the concept sector, with major declines seen in companies like Focus Technology, iFlytek, and Weining Health [1] - Among the concept sectors, flexible DC transmission led with a gain of 5.14%, while WiFi 6 saw a decline of 1.79% [1] Fund Flow Analysis - The internet insurance sector experienced a net outflow of 2.237 billion yuan, with 12 stocks seeing net outflows, and 5 stocks exceeding 50 million yuan in outflows [1] - The largest net outflow was from Dongfang Caifu, totaling 1.168 billion yuan, followed by iFlytek, Weining Health, and New China Life with outflows of 716 million yuan, 215 million yuan, and 121 million yuan respectively [1] - Conversely, the stocks with the highest net inflows included China Ping An, China Life, and Tianli Technology, with inflows of 136 million yuan, 18.72 million yuan, and 13.16 million yuan respectively [1] Individual Stock Performance - Dongfang Caifu saw a decline of 1.63% with a turnover rate of 2.24% and a net outflow of approximately 1.168 billion yuan [2] - iFlytek dropped by 4.16% with a turnover rate of 6.81% and a net outflow of about 715 million yuan [2] - Weining Health decreased by 3.64% with a turnover rate of 9.46% and a net outflow of approximately 214 million yuan [2] - New China Life fell by 1.68% with a turnover rate of 1.15% and a net outflow of about 121 million yuan [2] - Seven Wolves increased by 1.76% with a net inflow of approximately 1.225 million yuan [3] - Tianli Technology rose by 0.97% with a net inflow of about 1.316 million yuan [3] - China Life remained stable at 0.00% with a net inflow of approximately 18.72 million yuan [3] - China Ping An slightly decreased by 0.05% with a significant net inflow of approximately 1.361 billion yuan [3]

Core Viewpoint - The stock price of Qipilang has shown a significant increase of 15.32% year-to-date, despite a recent decline of 8.16% over the last five trading days, indicating volatility in its performance [2]. Group 1: Stock Performance - On January 19, Qipilang's stock rose by 2.00%, reaching a price of 12.72 yuan per share, with a trading volume of 2.22 billion yuan and a turnover rate of 2.66%, resulting in a total market capitalization of 89.68 billion yuan [1]. - The stock has experienced a 36.04% increase over the past 60 days, reflecting strong performance in the medium term [2]. Group 2: Financial Performance - For the period from January to September 2025, Qipilang reported a revenue of 2.025 billion yuan, representing a year-on-year decrease of 7.69%, while the net profit attributable to shareholders increased by 70.98% to 403 million yuan [2]. - Cumulatively, Qipilang has distributed a total of 1.035 billion yuan in dividends since its A-share listing, with 152 million yuan distributed over the past three years [3]. Group 3: Business Overview - Qipilang, established on July 23, 2001, and listed on August 6, 2004, is primarily engaged in the design, manufacturing, and sales of men's casual clothing, with its revenue composition including T-shirts (22.64%), outerwear (17.72%), and pants (17.35%) among others [2]. - The company operates within the textile and apparel industry, specifically in the non-sports clothing segment, and is associated with concepts such as e-commerce and small-cap stocks [2]. Group 4: Shareholder Information - As of September 30, Qipilang had 43,200 shareholders, an increase of 55.46% from the previous period, with an average of 15,407 circulating shares per shareholder, a decrease of 35.67% [2].

Group 1 - VOGUE Business has included Quanzhou in its 2025 New Fashion Capital Index, ranking fifth in both cultural charm and development power, highlighting its deep cultural heritage and vibrant manufacturing clusters [1] - Quanzhou boasts 726 items of intangible cultural heritage, including unique Minnan craftsmanship and the historical Silk Road civilization, which are recognized as key cultural resources for engaging with fashion [1] - The city has been revitalizing traditional cultural symbols within modern fashion contexts through various initiatives, successfully integrating intangible cultural heritage techniques into contemporary fashion design [1] Group 2 - Quanzhou is home to over 13,000 textile and footwear enterprises, with a textile and apparel output value exceeding 700 billion, accounting for 10% of the national output and 40% of the national sports shoe production, as well as 20% globally [2] - The local brands are deeply exploring the cultural core, achieving a cross-border integration of traditional elements with modern fashion, transitioning from "Quanzhou manufacturing" to "Quanzhou design" and "Quanzhou fashion" [2] - The city's robust manufacturing strength and comprehensive industrial ecosystem, including nine major trillion-yuan manufacturing clusters, contribute to its ambition of becoming a fashion capital [2] Group 3 - The "Three-Year Action Plan for Building 'World Heritage Quanzhou Fashion Capital' (2025-2027)" aims to enhance the entire fashion industry chain through initiatives like intangible heritage revitalization, design empowerment, technological support, and brand upgrades, targeting an industry output value of over 800 billion by 2027 [3] - The plan emphasizes the need for collaboration among government, industry, academia, and research to identify breakthroughs and continuously drive efforts towards establishing Quanzhou as a leading fashion capital [3]

Market Overview - The apparel and home textile sector experienced a decline of 0.21% on January 13, with Kute Intelligent leading the drop [1] - The Shanghai Composite Index closed at 4138.76, down 0.64%, while the Shenzhen Component Index closed at 14169.4, down 1.37% [1] Stock Performance - Notable gainers in the sector included: - Zhiyaomeijia (stock code: 003041) with a closing price of 70.44, up 9.99% and a trading volume of 97,700 shares, totaling 681 million yuan [1] - Tianchuang Fashion (stock code: 603608) closed at 10.36, up 5.50% with a trading volume of 630,600 shares, totaling 648 million yuan [1] - ST Bucai (stock code: 002569) closed at 15.79, up 4.99% with a trading volume of 30,500 shares, totaling 47.88 million yuan [1] - Major decliners included: - Kute Intelligent (stock code: 300840) closed at 21.54, down 8.34% with a trading volume of 402,400 shares, totaling 894 million yuan [2] - Jiumuwang (stock code: 601566) closed at 12.87, down 4.53% with a trading volume of 309,200 shares, totaling 406 million yuan [2] - Wanlima (stock code: 300591) closed at 9.30, down 4.32% with a trading volume of 379,900 shares, totaling 360 million yuan [2] Capital Flow - The apparel and home textile sector saw a net outflow of 380 million yuan from institutional investors, while retail investors contributed a net inflow of 328 million yuan [2] - The detailed capital flow for selected stocks showed: - Seven Wolves (stock code: 002029) had a net inflow of 61.07 million yuan from institutional investors, but a net outflow of 43.54 million yuan from retail investors [3] - Jiaman Clothing (stock code: 301088) experienced a net inflow of 26.34 million yuan from institutional investors, but a significant net outflow of 35.84 million yuan from retail investors [3] - Zhiyaomeijia (stock code: 003041) had a net inflow of 18.72 million yuan from institutional investors, with a net outflow of 17.29 million yuan from retail investors [3]

Core Viewpoint - The recent shareholding change announcement by Sunshine Insurance (6963.HK) has drawn attention due to the strategic maneuvers of Seven Wolves Holdings Group, which has been gradually increasing its stake in Sunshine Insurance, potentially positioning itself to become a major player in the financial sector [2][10]. Group 1: Shareholding Changes - Seven Wolves Holdings has increased its direct shareholding in Sunshine Insurance from 0.87% to 3.74% through internal share transfers, bringing its total stake to 8.16%, approaching the largest shareholder, China Chengtong [10][8]. - The recent share transfer involved the acquisition of 1.72% of Sunshine Insurance from Lhasa Fengming Engineering Machinery Sales Co., reducing Lhasa Fengming's stake from 4.78% to 3.06% [6][8]. - This marks the second significant internal share restructuring by Seven Wolves in six months, indicating a strategic consolidation of its financial interests [10][11]. Group 2: Financial Empire Development - Seven Wolves has been building a substantial financial empire over the past two decades, diversifying into venture capital, banking, micro-lending, leasing, and insurance [3][11]. - The founder, Zhou Yongwei, has leveraged his banking background to establish a robust financial framework for the company, which includes significant investments in various financial institutions [11][13]. - The company has successfully navigated the financial landscape, becoming a major shareholder in institutions like Xiamen Bank and participating in the establishment of several financial entities [16][18]. Group 3: Challenges in Core Business - Despite the financial successes, Seven Wolves' core apparel business has faced significant challenges, including brand aging and high return rates, with a reported return rate of 50.43% on Tmall [20][21]. - The apparel segment's profitability has declined, with the company earning only 30 million yuan from clothing sales in the first half of 2025, while financial investments contributed significantly to profits [20][18]. - The shift towards financial investments raises concerns about the potential hollowing out of the core business, which could impact product innovation and market responsiveness [21][20]. Group 4: Regional Business Dynamics - Seven Wolves' financial strategies are intertwined with the broader dynamics of the Fujian business community, particularly the Jinjiang business group, which has a history of collaboration and familial ties among its members [23][24]. - The company's financial maneuvers reflect a collective approach among Fujian entrepreneurs, with strategic partnerships and familial connections enhancing their market influence [23][24]. - The interconnections among various businesses in the region, including marriages between prominent business families, further solidify the collaborative nature of the Jinjiang business ecosystem [24].

Core Viewpoint - The apparel and home textile sector experienced a rise of 1.46% on January 9, with Qipilong leading the gains, while the overall market indices also showed positive performance [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4120.43, up by 0.92% [1]. - The Shenzhen Component Index closed at 14120.15, up by 1.15% [1]. Group 2: Individual Stock Performance - Qipilong (002029) saw a closing price of 14.04, with a significant increase of 10.03% and a trading volume of 641,000 shares [1]. - Zhenyaomeijia (003041) closed at 58.22, up by 7.89% with a trading volume of 84,200 shares [1]. - Hongqingting (603116) closed at 6.79, increasing by 7.61% with a trading volume of 333,400 shares [1]. - Other notable performers included Rongmei Co. (301088) with a 7.16% increase and Kute Intelligent (300840) with a 5.98% increase [1]. Group 3: Capital Flow Analysis - The apparel and home textile sector saw a net outflow of 64.87 million yuan from institutional investors, while retail investors contributed a net inflow of 83.26 million yuan [2]. - The net inflow from retail investors indicates a potential interest in the sector despite the overall net outflow from institutional and speculative funds [2]. Group 4: Detailed Capital Flow for Selected Stocks - Qipilong (002029) had a net outflow of 45.92 million yuan from institutional investors, while retail investors showed a net outflow of 64.59 million yuan [3]. - Kute Intelligent (300840) experienced a net inflow of 51.16 million yuan from speculative funds, but a net outflow of 28.76 million yuan from retail investors [3]. - Other stocks like Henghui Security (300952) and Zhenyaomeijia (003041) also showed varied capital flows, indicating mixed investor sentiment [3].

福建七匹狼实业股份有限公司（以下简称"公司"）于2024年度股东大会审议通过了 《关于为并表范围内子公司提供担保的议案》，为进一步支持公司并表范围内子公司对生 产经营资金的需要，充分应对销售备货及原材料采购的需求，更好地提升并表范围内子公 司的销售能力和生产能力，公司拟采用连带责任担保方式为公司并表范围内的22家子公司 晋江七匹狼电子商务有限公司、福建七匹狼纺织服饰有限公司、上海七匹狼居家用品有限 公司、厦门七匹狼电子商务有限公司、杭州尚盈服饰有限公司、武汉七匹狼服装销售有限 公司、长春七匹狼服装销售有限公司、长沙七匹狼服装销售有限公司、北京七匹狼服装销 售有限公司、晋江七匹狼春城服装销售有限公司、晋江七匹狼金筑服装销售有限公司、晋 江七匹狼申城服装销售有限公司、厦门尚盈商贸有限公司、厦门傲物服装销售有限公司、 深圳市七匹狼服装有限公司、福建狼图腾文化创意有限公司、厦门七匹狼针纺有限公司、 晋江七匹狼服装制造有限公司、厦门嘉屹服饰有限公司、厦门杰狼服装销售有限公司、厦 门七匹狼服装营销有限公司、堆龙德庆捷销实业有限公司向银行融资提供最高额担保，拟 担保额度为161,500万元人民币。公司可在额度有效期内与授信 ...