Textile Industry Overview - The textile industry in China has a wide range of products, with import and export statistics categorized under the HS codes specified by the World Customs Organization [1] - The total import and export value of the textile industry in China has shown significant fluctuations from 2015 to 2024, with a notable decline in trade scale in 2023 [2] Import Situation - From 2015 to 2024, the import value of China's textile industry fluctuated between 21 billion to 28 billion USD, peaking at 27.73 billion USD in 2021, a 20.2% increase year-on-year [4] - The textile imports have been on a downward trend from 2022 to 2024, with a significant drop of 58.1% in the first two months of 2025 compared to the same period last year [4] Export Situation - The export scale of China's textile industry has remained substantial, consistently around 300 billion USD over the past decade, increasing from 262.87 billion USD in 2016 to 323.34 billion USD in 2022, with a compound annual growth rate of 3.51% [8] - In 2023, exports to major markets such as the US, EU, and Japan decreased by 9.2%, but are projected to rebound to 301.10 billion USD in 2024, a 2.5% increase year-on-year [11] - The export value in the first two months of 2025 was 42.88 billion USD, reflecting a 4.9% decline compared to the same period in 2024 [11] Price Trends - The price index for imported textile products has shown fluctuations, with a maximum variation of less than 10% from 2015 to 2024, and a 2.47% decrease in 2024 compared to the previous year [6] - The export price index for textile products has also experienced volatility, with a notable increase of 10.27% in December 2022, while the index for 2024 was recorded at 94.03, indicating a decline for two consecutive years [12]

Company Overview - Huafu Fashion is the first listed company in the color-spinning industry in China's A-shares and a global leader in the color-spinning industry, focusing on becoming a fashion operator in the global textile and apparel industry [1] Recent Performance - Huafu Fashion has experienced a decline for four consecutive trading days, with a cumulative drop of -14.58% [1] - The fund "Caitong Value Momentum Mixed A" has entered the top ten shareholders of Huafu Fashion, marking its new entry in the first quarter of this year [1] - The fund has reported a year-to-date return of -23.06%, ranking 2315 out of 2320 in its category [1][2] Fund Manager Profile - The fund manager of Caitong Value Momentum Mixed A is Jin Zicai, who has a master's degree in Microelectronics and Solid Electronics from Shanghai Jiao Tong University [3][4] - Jin Zicai has over 10 years of experience in the investment industry and has held various positions in Caitong Fund Management Company since August 2014 [3][4] Fund Management Details - Caitong Fund Management Company was established in June 2011 and has three shareholders, with Caitong Securities holding 40% [4]

Group 1: Company Performance and Financials - The company reported a total government subsidy of 272 million, with 113 million recognized in current profits and 159 million reducing costs [5] - The company holds 95.4784 million shares in treasury stock, accounting for 5.6% of the total share capital [3] - The company experienced a net loss after deductions due to sanctions affecting its supply chain, leading to a decline in profitability [5] Group 2: Project Updates and Future Plans - The Akesu public computing platform project is currently in the construction preparation phase, affected by seasonal weather conditions [2] - The Huashang Smart Center in Shaoxing has been activated, aimed at promoting digital upgrades and supply chain strategies [2] - The company plans to expand its product lines based on market demand, including potential entry into the ready-to-wear sector [3] Group 3: Market Strategy and Operations - The company is implementing a dual circulation strategy to balance overseas and domestic market development [4] - The company aims to enhance its brand competitiveness by leveraging Xinjiang resources and focusing on both cotton and non-cotton products [5] - The company has established 1 million acres of cotton fields in Xinjiang for its agricultural operations [6] Group 4: Industry Challenges and Responses - The company is addressing the impact of rising costs in the textile industry by integrating its supply chain and enhancing operational efficiency [5] - The company is adapting to international trade uncertainties and has prepared strategies to mitigate risks associated with external pressures [4] - The company is focusing on artificial intelligence and digital transformation to improve operational effectiveness and market responsiveness [4]

Industry Overview - The toy and baby products industry is a significant part of the light industry, playing a crucial role in nurturing children and meeting family expectations [1][3] - The industry is experiencing growth, with the domestic toy retail sales expected to reach CNY 97.85 billion in 2024, a year-on-year increase of 7.9% [1][13] - The retail sales of children's strollers are projected to be CNY 16.98 billion, growing by 17.5%, while children's safety seats and bottles are expected to see increases of 13.2% and 8.1% respectively [1][13] Policy Support - The Chinese government has implemented various policies to support high-quality development and regulation in the toy and baby products sector [5][6] - Key policies include the "Guiding Opinions on Accelerating the Transformation and Upgrading of Traditional Manufacturing" and the approval of national standards for baby products [5][6] Market Dynamics - The industry is characterized by a diverse supply chain, including raw material suppliers, manufacturers, wholesalers, and retailers [7] - The macroeconomic environment, consumer disposable income, and preferences significantly influence demand for baby products [7] Export Performance - China is the largest toy producer and exporter globally, with toy exports (excluding games) projected to reach USD 39.87 billion in 2024 [9][10] - The United States remains the primary export destination, accounting for 26.39% of toy exports in early 2025 [10] Quality Control - The number of recalls for Chinese-made toys in the U.S. decreased by 6.4% in 2024, while the EU saw a 34.1% increase in recalls [15][17] - The Chinese government reported 1,121 batches of non-compliant products in 2024, reflecting increased regulatory scrutiny [17] Key Players - Major global players include Mattel, Hasbro, Bandai, and LEGO, while domestic companies like Aofei Entertainment and Pop Mart are significant in the Chinese market [19][21] - Aofei Entertainment reported a 4.85% increase in baby product revenue, while Pop Mart's revenue surged by 106.92% in 2024 [21][23] Future Trends - The integration of technology in toys is expected to accelerate, with a growing demand for smart toys and educational products [25] - Environmental concerns are driving the use of sustainable materials, with a focus on safety and compliance with international standards [26] - Personalization and IP collaborations are becoming key drivers for consumer engagement and product differentiation [27][28]

华孚时尚股份有限公司董事会审计委员会 关于 2024 年度审计机构履职监督职责情况报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理准 则》《国有企业、上市公司选聘会计师事务所管理办法》《深圳证券交易所上市公 司自律监管指引第 1 号——主板上市公司规范运作》等规定和要求，华孚时尚股 份有限公司（以下简称"公司"）董事会审计委员会本着勤勉尽责的原则，恪尽 职守，认真履职。现将董事会审计委员会对会计师事务所 2024 年度履行监督职 责的情况汇报如下： 一、会计师事务所基本情况 政旦志远（深圳）会计师事务所（特殊普通合伙）（以下简称"政旦志远"） 于 2005 年 1 月成立，注册地址为深圳市福田区莲花街道福新社区鹏程一路 9 号 广电金融中心，截至 2024 年末拥有合伙人 29 人，首席合伙人为李建伟先生。 二、聘任会计师事务所履行的程序 公司于 2024 年 4 月 25 日召开第八届董事会第七次会议、2024 年 5 月 24 日 召开2023年年度股东大会审议通过《关于续聘2024年度会计师事务所的议案》， 同意选聘深圳大华国际会计师事务所（特殊普通合伙）担任公司 2024 年度 ...

证券代码：002042 证券简称：华孚时尚 公告编号：2025-12 华孚时尚股份有限公司 关于预计2025年度公司为子公司提供担保的公告 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。 华孚时尚股份有限公司(以下简称"公司"、"华孚时尚")于 2025 年 4 月 24 日召开第九届董事会第一次会议，审议通过《关于预计 2025 年度公司为子公 司提供担保的议案》。因公司生产发展需要，2025 年度公司预计为子公司及其 下属公司提供总额不超过 109 亿元的担保。有效期为公司 2024 年度股东大会审 议通过后 12 个月以内，授权公司董事长或总裁在授权担保额度范围内与银行等 金融机构签署《保证合同》、《担保合同》等法律文书。上述议案尚需提交公司 2024 年度股东大会审议。 | 序号 | 被担保子公司 | 拟提供最高担保额度(万元) | | --- | --- | --- | | 1 | 深圳市华孚进出口有限公司 | 429,000 | | 2 | 浙江华孚色纺有限公司 | 70,000 | | 3 | 浙江阿大互联科技有限公司 | 15,000 | | ...

证券代码：002042 证券简称：华孚时尚 公告编号：2025-13 华孚时尚股份有限公司 关于2025年使用自有资金进行投资理财的公告 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。 华孚时尚股份有限公司(以下简称"公司")第九届董事会第一次会议于 2025 年 4 月 24 日召开，以 9 票赞成，0 票反对，0 票弃权的表决结果审议通过《关于 2025 年使用自有资金进行投资理财的议案》。董事会同意公司及下属控股子公司在 2025 年拟使用最高额度为 15 亿元自有闲置资金进行理财业务，在上述额度内资金可以滚 动使用，且任意时点进行理财的总金额不超过 15 亿元，实际购买理财产品将根据公 司资金实际使用情况增减。购买委托理财产品的范围：包括但不限于购买理财产品、 信托产品、开展委托贷款业务（委托贷款对象不能为公司的关联方）、参与资产管理 计划、证券投资、购买债券、金融衍生产品投资等符合国家规定的投资业务及具有合 法经营资格的金融机构的各类产品。并授权公司经营管理层具体实施该理财事项，授 权期限自公司 2024 年度股东大会审议通过本议案之日起 12 个月 ...

2024 年度华孚时尚社会责任报告 不仅要做一个能企业，更要做一个好企业 2024 年度华孚时尚股份有限公司社会责任报告 华孚时尚股份有限公司 2025 年 4 月 1 2024 年度华孚时尚社会责任报告 ● 目录 03 关于本报告 03 公司概况 04 企业社会责任战略 04 公司治理与企业社会责任管理 06 利益相关方参与 07 2024年社会责任管理推动和发展 第一篇：与产业协同发展 09 促进经济发展 09 引领时尚潮流，提升品牌形象 10 优化产能布局 11 坚持主业 共享产业 发展新业 12 科技引领未来 13 推进标准建设 14 产品质量保障 15 数智化创新 第二篇：与环境协同发展 17 遵守环保法律法规 17 环保产品开发 18 绿色低碳管理 第三篇：与社会协同发展 20 持续推进客户满意 20 关爱员工 23 投身社会公益 23 社区贡献 尾篇： 公司名称：华孚时尚股份有限公司 英文名称：HUAFU FASHION CO.,LTD. 公司简称：华孚时尚，本报告中，也称"华孚"、"企业"、"公司"、"我们" 股票代码：002042 华孚时尚的企业社会责任报告为年度报告。本报告是华孚时尚第十六 ...

证券代码:002042 证券简称：华孚时尚 公告编号：2025-21 华孚时尚股份有限公司 2024 年度募集资金存放与使用情况的专项报告 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、募集资金基本情况 根据《管理制度》的要求，并结合公司经营需要，公司在中国建设银行股 份有限公司深圳罗湖支行、浙商银行股份有限公司绍兴上虞支行开设募集资金 专项账户，其中中国建设银行股份有限公司深圳罗湖支行、浙商银行股份有限 公司绍兴上虞支行两个账户均是用于华孚（越南）50 万锭新型纱线项项目（一 期），因该项目建设地在越南，投入该项目的募集资金在汇入公司越南账户前存 在中国境内的中国建设银行股份有限公司深圳罗湖支行，并于 2021 年 9 月 15 日与保荐机构、存放募集资金的商业银行签署了募集资金三方监管协议，明确 了各方权利和义务。2022 年 1 月 7 日因变更募投项目公司与保荐机构、存放募 集资金的商业银行签署了募集资金三方监管协议补充协议。公司严格按照内部 制定的《管理制度》对募集资金的使用实行严格的审批手续，以保证专款专用； 授权保荐代表人可以随时到开设募集 ...

证券代码：002042 证券简称：华孚时尚 公告编号：2025-11 华孚时尚股份有限公司 关于预计 2025 年度参与期货套期保值交易事项 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、误导性陈述或者重大遗漏。 一、公司参与期货套保交易的情况概述 华孚时尚股份有限公司（以下简称"公司"）2025 年拟对棉花和棉纱期货 进行交易，根据市场和公司经营情况，预计公司 2025 年度开展期货套保交易的 保证金最高额度不超过人民币 15 亿元。在该额度范围内资金可滚动使用。 套保期货品种：纽约期货交易所（NYBOT）的棉花合约、郑州商品期货交易 所交易的棉花合约和棉纱合约等与公司生产经营有关的相关品种。 （一）法律风险：因相关法律制度发生重大变化可能造成合约无法正常执行 而给公司带来损失。如果公司选择的期货公司在交易过程中存在违法违规经营行 为，也可能给公司带来损失。 （二）市场风险：由于保证金交易具有杠杆性，当出现不利行情时，价格微 小的变动就可能会使公司权益遭受损失。 上述期货套保交易事项已经公司 2025 年 4 月 24 日召开的第九届董事会第一 次会议以 9 票赞成，0 ...