[Core Performance Forecast Data](index=1&type=section&id=Item%201.%20Current%20Period%20Performance%20Forecast) The company forecasts a significant year-on-year decline in net profit and net profit after non-recurring items for H1 2025, with basic EPS falling to RMB 0.00 Core Performance Forecast Data | Item | Jan 1 - Jun 30, 2025 (Estimated) | Prior Year Same Period | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Profit: RMB 7 million - RMB 10 million | Profit: RMB 76.7806 million | | Year-on-Year Change | Decrease 90.88% - 86.98% | - | | **Net Profit After Non-Recurring Items** | Profit: RMB 0.65 million - RMB 0.95 million | Profit: RMB 8.1194 million | | Year-on-Year Change | Decrease 91.99% - 88.30% | - | | **Basic Earnings Per Share (RMB/share)** | 0.00 | 0.03 | - The financial data related to this performance forecast is **unaudited** by an accounting firm[4](index=4&type=chunk) [Analysis of Performance Change](index=1&type=section&id=Item%203.%20Explanation%20of%20Performance%20Change) The significant performance decline is attributed to increased credit impairment losses and the absence of a large non-recurring gain from property disposal present in the prior year - Credit impairment losses for the current period **significantly increased** compared to the prior year, contributing to the performance change[5](index=5&type=chunk) - The prior year included a **substantial one-time gain** from the disposal of Nanchang property, which is absent this period, leading to a significant year-on-year decrease[5](index=5&type=chunk) [Other Explanations and Risk Warnings](index=1&type=section&id=Item%204.%20Other%20Relevant%20Explanations) The company clarifies that this forecast is a preliminary estimate, with final data subject to the official semi-annual report, and advises investors to be aware of investment risks - The company explicitly states that this forecast is a **preliminary estimate**, and final financial data will be based on the officially disclosed semi-annual report[7](index=7&type=chunk) - The company reminds investors to be **aware of investment risks**[7](index=7&type=chunk)

Group 1 - The company Meibang Apparel (002269) expects a net profit attributable to shareholders of 7 million to 10 million yuan for the period from January 1, 2025, to June 30, 2025, representing a year-on-year decline of 90.88% to 86.98% [1] - The net profit after deducting non-recurring gains and losses is projected to be between 650,000 and 950,000 yuan, reflecting a year-on-year decrease of 91.99% to 88.30% [1] - The basic earnings per share is expected to be 0 yuan per share [1] Group 2 - The significant decline in performance is primarily attributed to a substantial increase in credit impairment losses compared to the same period last year [1] - In the previous year, the company recorded substantial gains from the disposal of Nanchang property, which will not be repeated in the current period [1]

Core Viewpoint - The article discusses the resurgence of once-popular brands in the fashion industry, highlighting their strategies for adaptation and transformation in response to changing consumer preferences and market dynamics [1][2][3]. Group 1: Brand Resurgence - Many once-familiar brands have shown remarkable performance in recent years, with Daphne leading the women's shoe sales on Douyin, and brands like Meisibangwei and True Vivus experiencing significant online sales growth [5][6]. - Brands such as Camel and others are beginning to show signs of recovery despite undergoing painful transformations [6]. Group 2: Transformation Strategies - The article categorizes the transformation strategies of these brands into four types: Dolphin, Belt Fish, Octopus, and Flounder, each representing different approaches to adaptation [8]. - Dolphin-type brands actively explore new fields and shed their old images, exemplified by Camel's shift to outdoor apparel and collaborations with young influencers [8][9]. - Belt Fish-type brands focus on downsizing and outsourcing production, as seen with Daphne and Huili, which have reduced their physical stores significantly while enhancing brand management [9][11]. - Octopus-type brands, like Meisibangwei, aim to expand their reach by reopening stores in lower-tier markets while leveraging online promotions to drive foot traffic [11][12]. - Flounder-type brands, such as Bannilu and True Vivus, maintain a low profile, focusing on existing operations without aggressive expansion or contraction [12]. Group 3: Embracing E-commerce - The brands have recognized the necessity of embracing e-commerce to compete effectively, leveraging their established brand recognition to drive online sales [15]. - True Vivus has amassed 5 million followers on Taobao, with e-commerce sales accounting for over 80% of its revenue, while Daphne has developed a robust live-streaming strategy [16][18]. Group 4: Supply Chain and Product Innovation - Brands are investing in digital technologies and AI tools to enhance their supply chain efficiency, reducing design cycles and improving inventory turnover [18][21]. - Belle has successfully shortened its design cycle from 45 days to 15 days and has implemented a custom shoe service based on user data, increasing the price point of its products [18][20]. Group 5: Market Positioning and Consumer Engagement - The brands are focusing on creating premium experiences in flagship stores, which can generate significantly higher average transaction values compared to regular stores [21][22]. - In lower-tier markets, the strategies differ, with Belt Fish brands outsourcing production, which may dilute brand identity, while Octopus brands face challenges in maintaining consumer engagement [24][25]. Group 6: Future Outlook - The article suggests that the next phase of industry evolution is approaching, driven by improved logistics and changing consumer behaviors, particularly with the rise of instant retail [26][35]. - Brands must address supply chain weaknesses and re-establish connections with consumers to avoid fading into obscurity, emphasizing the importance of adapting to new market realities [37].

Core Viewpoint - The legal opinion letter confirms that the convening and holding of the shareholders' meeting of Shanghai Metersbonwe Fashion & Accessories Co., Ltd. complies with relevant laws, regulations, and the company's articles of association [4][9][11]. Group 1: Shareholders' Meeting Procedures - The shareholders' meeting is scheduled for July 3, 2025, with detailed notifications regarding voting methods, meeting time, location, and agenda provided [7][8]. - The actual time and method of the meeting were consistent with the notifications sent out [8]. Group 2: Attendance and Voting - The meeting was convened by the company's board of directors, with 4 shareholders representing 42.4033% of the company's shares present in person, and 1,133 shareholders participating via online voting, representing 0.8066% of the total voting shares [8][9]. - The voting process was conducted through a named voting method, with no objections raised regarding the results from the attending shareholders [9][10]. Group 3: Voting Results - The voting results showed that 1,080,477,711 shares were in favor of the proposals, accounting for the majority of the valid votes cast [10][11]. - Among the minority shareholders, 76.4484% voted in favor, while 15.3511% opposed the proposals [10].

中国上海市石门一路 288 号 兴业太古汇香港兴业中心办公楼一座 26 层 邮编：200041 电话：（86-21）5298 5488 传真：（86-21）5298 5492 junhesh@junhe.com 君合律师事务所上海分所 关于上海美特斯邦威服饰股份有限公司 2025 年第一次临时股东会的法律意见书 致：上海美特斯邦威服饰股份有限公司 君合律师事务所上海分所（以下简称"本所"）接受上海美特斯邦威服饰股份有 限公司（以下简称"公司"）的委托，指派本所经办律师出席了公司于 2025 年 7 月 3 日召开的公司 2025 年第一次临时股东会（以下简称"本次股东会"）的现场会议。 现本所根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股东会规 则》等中国（仅为本法律意见书之目的，"中国"不包括香港特别行政区、澳门特别 行政区及台湾地区）现行有效的法律、法规、规范性文件以及公司现行有效的《上海 美特斯邦威服饰股份有限公司章程》（以下简称"《公司章程》"）和《上海美特斯邦 威服饰股份有限公司股东大会议事规则》的有关规定，出具本法律意见书。 为出具本法律意见书，本所审查了公司提供的有关文件及其复 ...

股票代码：002269 股票简称：美邦服饰 编号：2025-032 3、 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引 第 9 号——回购股份》的有关规定，上市公司回购专用账户中的股份不享有股 东会表决权。截至本次股东会股权登记日，公司总股本为 2,512,500,000 股， 回购专用账户中的股份数量为 921,300 股，剔除回购专用账户中股份后本次股东 会有表决权股份总数为 2,511,578,700 股。 上海美特斯邦威服饰股份有限公司 2025 年第一次临时股东会决议公告 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。 重要提示： 1、本次股东会没有否决或修改提案的情况； 2、本次股东会不涉及变更以往股东会已通过的决议。 一、 会议召开和出席情况： 1、召开时间： 现场会议：2025 年 7 月 3 日（星期四）下午 2:30 2、网络投票： （1） 通过深圳证券交易所交易系统进行投票的时间为：2025 年 7 月 3 日 上午 9：15-9：25,9：30-11：30，下午 13：00-15：00； （2） 通过深圳证券交易所互 ...

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误 导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性依法承 担法律责任。 股票代码：002269 股票简称：美邦服饰 编号：2025-031 上海美特斯邦威服饰股份有限公司 关于回购股份的进展公告 公司于 2025 年 1 月 2 日召开第六届董事会独立董事专门会议 2025 年第一次 会议、第六届董事会第十六次会议，审议通过了《关于调整回购股份价格上限及 延长实施期限的议案》，同意将回购股份价格上限由 1.75 元/股（含）调整为 3.00 元/股（含），并同时对股份回购实施期限延长 6 个月，延期至 2025 年 7 月 17 日止，即回购实施期限为自 2024 年 7 月 18 日至 2025 年 7 月 17 日。具体内容详 见公司于 2025 年 1 月 2 日披露的《关于调整股份回购价格上限及延长实施期限 的公告》（公告编号 2025-001）、《第六届董事会第十六次会议决议公告》（公 告编号 2025-002）。 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9 号--回购股份》等相关规定，现将公司截至上月末的 ...

Meeting Information - The company plans to hold its first extraordinary general meeting of shareholders in 2025 on July 3 [1] - Voting will be conducted through the Shenzhen Stock Exchange trading system and internet voting system [1][4] - All shareholders registered by June 30, 2025, at 15:00 are entitled to attend the meeting [2] Agenda Items - The main proposal for the meeting is to revise the company's articles of association and adjust certain corporate governance systems [2] - The proposal requires a special resolution, needing more than 2/3 of the voting rights held by attending shareholders to pass [2] Registration Details - Individual shareholders must register with their ID and shareholder account card; authorized agents must present additional documentation [2][3] - Legal entity shareholders must provide a copy of the business license and other relevant documents for registration [3] Voting Process - Shareholders can participate in network voting, with specific procedures outlined for both non-cumulative and cumulative voting proposals [5][6] - Voting results will be determined based on the first valid vote if there are duplicate votes on the total and specific proposals [6]

Group 1 - The company held the 18th meeting of the 6th board of directors on June 16, 2025, to review and approve the proposal for amending the company's articles of association and adjusting certain corporate governance systems [1][2] - The company decided to abolish the supervisory board and the position of supervisors, transferring the powers of the supervisory board to the audit committee, in order to enhance corporate governance and comply with relevant laws and regulations [1] - The amendments to the articles of association and adjustments to governance systems will be submitted for approval at the shareholders' meeting [1][2] Group 2 - The company will be responsible for handling the specific matters related to the change of articles of association with the market supervision administration, subject to final approval by the market supervision administration [2]

Group 1 - The board of directors of Shanghai Metersbonwe Fashion & Apparel Co., Ltd. held its 18th meeting of the 6th board on June 16, 2025, with all 5 directors present [1] - The board approved the proposal to amend the company's articles of association and adjust certain corporate governance systems, which will be submitted for shareholder meeting approval [1] - The board also approved the proposal to elect a new director and adjust the strategic committee, appointing Ms. Zhuang Huanyue as a non-independent director, pending shareholder meeting approval [2] Group 2 - The board approved the appointment of Mr. You Junyuan as the company's vice president, which will also be submitted for shareholder meeting approval [2] - The board agreed to convene the first temporary shareholders' meeting of 2025, with details to be disclosed in a separate notice [2]