报喜鸟控股股份有限公司 关 联交易决策制度 第一章 总 则 第一条 为进一步完善报喜鸟控股股份有限公司（以下简称"公司"）治理 规范，保证公司与关联方之间发生的关联交易公允，维护公司和股东的合法权益， 根据《中华人民共和国公司法》、《中华人民共和国证券法》、《深圳证券交易所股 票上市规则》、《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》、《深圳证券交易所上市公司自律监管指引第 7 号——交易与关联交易 （2025 修订）》以及《报喜鸟控股股份有限公司公司章程》特制定本制度。 第二条 本制度中的关联交易指公司或控股子公司与公司关联人之间发生 的转移资源或义务的事项，包括但不限于下列事项： （一）购买原材料、燃料、动力； （二）销售产品、商品； （三）提供或接受劳务； （四）委托或受托销售； （五）存贷款业务； （六）与关联人共同投资； （七）提供财务资助（含委托贷款等）； （八）提供担保（反担保除外）； （九）委托或者受托管理资产和业务； （十）转让或者受让研发项目； （十一）签定许可协议； （十二）赠与或受赠资产； （十三）债权或债务重组； （十四）购买或出售资产； （十五）对外投 ...

委托理财管理制度 报喜鸟控股股份有限公司 第一章 总则 第一条 为加强与规范报喜鸟控股股份有限公司（以下简称"公司"）委托理财业 务的管理，有效控制风险，提高投资收益，维护公司及股东的利益，依据《中华人民 共和国证券法》《深圳证券交易所股票上市规则》《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》《深圳证券交易所上市公司自律监管指引 第7号—交易与关联交易》等法律、法规、规范性文件以及《报喜鸟控股股份有限公 司章程》（以下简称"《公司章程》"）的有关规定，结合公司的实际情况，特制定 本制度。 第二条 本制度所称"委托理财"是指公司委托银行、信托、证券、基金、期货、 保险资产管理机构、金融资产投资公司、私募基金管理人等专业理财机构对其财产进 行投资和管理或者购买相关理财产品的行为。 第三条 公司进行委托理财业务应坚持"规范运作、防范风险、谨慎投资、保值增 值"的原则，以不影响公司正常经营和主营业务的发展为先决条件。 公司应当选择资信状况及财务状况良好、无不良诚信记录及盈利能力强的合格专 业理财机构作为受托方，并与受托方签订书面合同，明确委托理财的金额、期限、投 资品种、双方的权利义务及法律 ...

第五条 独立董事原则上最多在 3 家境内上市公司（含本公司）兼任独立董 事，并确保有足够的时间和精力有效履行职责。 报喜鸟控股股份有限公司 独 立董事工作制度 第一章 总则 第一条 为进一步完善报喜鸟控股股份有限公司（以下简称"公司"）的法人 治理结构，切实保护中小股东及相关者的利益，促进公司的规范运作，根据《中 华人民共和国公司法》《中华人民共和国证券法》《上市公司独立董事管理办法》 （以下简称"《管理办法》"）、《深圳证券交易所股票上市规则》（以下称"《上市 规则》"）和《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》等法律、法规、规范性文件和《报喜鸟控股股份有限公司章程》（以 下简称"《公司章程》"）的规定，并结合公司实际，制定本制度。 第二条 独立董事是指不在公司担任除独立董事外的其他职务，并与其所受 聘的公司及其主要股东、实际控制人不存在直接或者间接利害关系，或者其他可 能影响其进行独立客观判断的关系的董事。 第三条 独立董事对公司及全体股东负有诚信与勤勉义务。独立董事应当按 照法律、行政法规、中国证监会规定、深圳证券交易所业务规则和公司章程的要 求，认真履行职责，在董事会 ...

报喜鸟控股股份有限公司 证券投资与衍生品交易管理制度 第一章 总则 第一条 为了规范报喜鸟控股股份有限公司（以下简称"公司"）证券投资 和衍生品交易行为，有效防范投资风险，强化风险控制，保证公司资金、财产安 全，维护公司及股东利益，依据《中华人民共和国公司法》、《中华人民共和国 证券法》、《深圳证券交易所股票上市规则》、《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》《深圳证券交易所上市公司自律监 管指引第 7 号——交易与关联交易》等法律法规、规范性文件及《报喜鸟控股股 份有限公司章程》（以下简称"《公司章程》"）的有关规定，结合公司实际情 况，特制定本制度。 第二条 本制度所称的证券投资与衍生品交易包括证券投资、衍生品交易以 及董事会认定的其他投资行为。本制度所称证券投资包括新股配售或者申购、证 券回购、股票及存托凭证投资、债券投资以及深圳证券交易所认定的其他投资行 为。本制度所称衍生品交易是指期货交易以外的，以互换合约、远期合约和非标 准化期权合约及其组合为交易标的的交易活动。衍生品的基础资产既可以是证券、 指数、利率、汇率、货币、商品等标的，也可以是上述标的的组合。 证券投资 ...

报喜鸟控股股份有限公司 信息披露暂缓与豁免管理制度 第一章 总则 第一条 为规范报喜鸟控股股份有限公司（以下简称"公司"）信息披露暂 缓与豁免行为，确保公司及相关信息披露义务人依法合规履行信息披露义 务，保护投资者的合法权益，根据《上市公司信息披露管理办法》《上市公 司信息披露暂缓与豁免管理规定》《深圳证券交易所股票上市规则》《深圳 证券交易所上市公司自律监管指引第5号——信息披露事务管理》等法律法 规、规范性文件及《公司章程》等有关公司制度的规定，结合公司实际情 况，制定本制度。 第二条 公司和其他信息披露义务人暂缓、豁免披露临时报告，在定期 报告、临时报告中豁免披露中国证券监督管理委员会（以下简称"中国证 监会"）和深圳证券交易所（以下简称"深交所"）规定或者要求披露的 内容，适用本制度。 第三条 公司及其他信息披露义务人应当真实、准确、完整、及时、公 平地披露信息，不得滥用暂缓或者豁免披露规避信息披露义务、误导投资 者，不得实施内幕交易、操纵市场等违法行为。 第二章 暂缓与豁免披露信息的范围 第四条 公司应当审慎确定信息暂缓、豁免披露事项，并采取有效措 施防止暂缓或豁免披露的信息泄露。 第五条 公司及其 ...

报喜鸟控股股份有限公司 募 集资金管理制度 第一章 总 则 第一条 为规范报喜鸟控股股份有限公司（以下简称"公司"）募集资金的 管理和使用，最大限度地保障投资者的利益，根据《中华人民共和国公司法》、 《中华人民共和国证券法》、《深圳证券交易所股票上市规则》、《上市公司章 程指引》、《上市公司募集资金监管规则》、《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》等相关法律、法规、规范性文件及《公 司章程》的相关规定，结合公司的实际情况，制定本制度。 第二条 本制度所称募集资金是指公司通过发行股票或者其他具有股权性 质的证券，向投资者募集并用于特定用途的资金，不包括上市公司为实施股权激 励计划募集的资金。超募资金，是指实际募集资金净额超过计划募集资金金额的 部分。 第三条 发行股票、可转换债券或其他证券的募集资金到位后，公司应及时 办理验资手续，由具有证券从业资格的会计师事务所出具验资报告。 第四条 公司应当审慎使用募集资金，保证募集资金的使用与发行申请文件 的承诺相一致，不得随意改变募集资金的投向。 募集资金投资项目通过公司的子公司或公司控制的其他企业实施的，公司应 当确保该子公司或受控制的 ...

Core Viewpoint - The stock price of Baoxiniang has experienced a decline of 2.52% year-to-date, with recent trading showing mixed performance and significant net outflows of capital [1][2]. Group 1: Stock Performance - As of September 25, Baoxiniang's stock price fell by 2.07% to 4.25 CNY per share, with a trading volume of 208 million CNY and a turnover rate of 4.07%, resulting in a total market capitalization of 6.202 billion CNY [1]. - Year-to-date, Baoxiniang's stock price has decreased by 2.52%, with no change over the last five trading days, an increase of 11.26% over the last 20 days, and an increase of 11.84% over the last 60 days [2]. Group 2: Financial Performance - For the first half of 2025, Baoxiniang reported a revenue of 2.391 billion CNY, a year-on-year decrease of 3.58%, and a net profit attributable to shareholders of 197 million CNY, down 42.66% year-on-year [3]. - Since its A-share listing, Baoxiniang has distributed a total of 2.325 billion CNY in dividends, with 832 million CNY distributed over the past three years [4]. Group 3: Shareholder Information - As of June 30, 2025, Baoxiniang had 64,200 shareholders, an increase of 1.74% from the previous period, with an average of 18,364 circulating shares per shareholder, a decrease of 18.42% [3]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 12.914 million shares (a decrease of 20.306 million shares), and Southern CSI 1000 ETF, which holds 10.7725 million shares (an increase of 3.1329 million shares) [4].

Group 1 - The core point of the news is that Baoxiniang's stock price dropped by 5.23% to 4.35 CNY per share, with a trading volume of 528 million CNY and a turnover rate of 9.97%, resulting in a total market capitalization of 6.348 billion CNY [1] - Baoxiniang Holdings Co., Ltd. is located in Yongjia County, Zhejiang Province, and was established on June 20, 2001, with its listing date on August 16, 2007. The company specializes in the production, research, and sales of branded clothing [1] - The main business revenue composition includes T-shirts (19.20%), pants (17.26%), tops (16.13%), shirts (15.34%), jackets (9.59%), windbreakers (8.47%), and other categories [1] Group 2 - Among Baoxiniang's top ten circulating shareholders, one fund under Huaxia Fund, the Huaxia CSI 1000 ETF (159845), entered the top ten in the second quarter, holding 6.3501 million shares, accounting for 0.54% of the circulating shares [2] - The Huaxia CSI 1000 ETF was established on March 18, 2021, with a latest scale of 38.227 billion CNY. It has achieved a year-to-date return of 25.57% and a one-year return of 67.36% [2] - The fund manager, Zhao Zongting, has been in the position for 8 years and 163 days, managing a total fund asset size of 389.148 billion CNY, with the best fund return during his tenure being 118.75% [2]

Core Insights - The Chinese suit industry is undergoing a deep transformation from scale competition to specialization competition driven by consumption upgrades and personalized demands [1][16] - The report aims to provide authoritative information for industry enterprises, practitioners, and consumers, promoting the high-quality development of Chinese suit brands [1] Group 1: Industry Development History - Since the reform and opening up, the Chinese suit industry has transitioned from scale expansion to category reconstruction, with a shift from a supply-driven seller's market to a demand-driven buyer's market post-2020 [2][4] - The industry has experienced continuous innovation from leading domestic brands, breaking through development bottlenecks and evolving from imitation to innovation [4] Group 2: Market Dynamics - The market is entering a phase dominated by stock competition and structural recovery, focusing on value cultivation and breakthroughs in niche markets [6][7] - High-end markets, personalized customization, and segmented scenarios are showing significant growth, indicating a structural recovery in the domestic suit market [7] Group 3: Consumer Demand Trends - Consumer focus has shifted from basic wear to quality experience, with over half of consumers desiring suits that reflect personal style and fashion [9][12] - The suit market is evolving from a single business scenario to diversified applications, with casual suits growing at a 15% annual rate, expected to increase market share from 25% in 2025 to 40% by 2030 [12] Group 4: Supply-Side Innovations - Intelligent manufacturing technologies are driving a transformation in the supply side, with the annual growth rate of customized suits exceeding 20% [14] - The customization cycle has been reduced from 4-6 weeks to 72 hours, with fabric utilization rates improving by 15% [14] Group 5: Professionalization and Standards - The industry is transitioning from scale competition to professional competition, with 82% of consumers indicating that brand professionalism significantly influences their purchasing decisions [16][41] - The introduction of a six-dimensional industry standard by leading brand Baoxiniu aims to enhance market transparency and standardization [41][42] Group 6: Cultural and Sustainable Development - The industry faces environmental challenges, with leading brands like Baoxiniu exploring sustainable practices and innovations in green manufacturing [67][69] - The integration of traditional cultural elements into modern suit designs is enhancing the cultural value and market competitiveness of Chinese suit brands [70] Group 7: Future Outlook - The high-quality development of the Chinese suit industry requires open collaboration and strategic synergy among industry players to build a robust industry ecosystem [76][78]

Group 1 - The transportation and media sectors saw the highest net inflow of main funds, with amounts of 700 million and 545 million respectively [1] - The overall main funds in the Shanghai and Shenzhen markets experienced a net outflow of 43.142 billion [1] - Among the 22 sectors with net outflows, the computer and machinery equipment sectors had the largest outflows, amounting to 9.032 billion and 7.374 billion respectively [1] Group 2 - Three stocks received net inflows exceeding 1 billion, with O-film Technology leading at 2.027 billion, followed by Luxshare Precision at 1.118 billion and Ganfeng Lithium at 1.578 billion [2] - Ganfeng Lithium announced that its energy storage cells have achieved large-scale production and established long-term stable supply partnerships with several leading companies [2] - A total of 44 stocks experienced net outflows exceeding 300 million, with Sanzi Gaoke, Dongfang Caifu, and Sanhua Intelligent Control each seeing outflows over 1 billion [2] Group 3 - At the end of the trading day, the main funds in the Shanghai and Shenzhen markets had a net outflow of 3.105 billion [3] - The home appliance, media, and real estate sectors saw net inflows exceeding 200 million at the close [3] - Six stocks had net outflows exceeding 1 billion at the close, with Dongfang Caifu and Guiding Compass seeing outflows over 200 million [3]