股票代码：002269 股票简称：美邦服饰 编号：2025-043 上海美特斯邦威服饰股份有限公司 关于公司高管辞职的公告 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。 1 上海美特斯邦威服饰股份有限公司（以下简称"公司"或"本公司"）董事会 日前收到公司财务总监李莹女士提交的书面辞职报告。李莹女士因个人原因辞去 公司财务总监职务，其原定任期至公司第六届董事会届满之日止，辞职后不再担 任公司任何职务。 根据《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》《公司章程》等相关规定，李莹女士的 辞职报告自送达公司董事会之日起生效。李莹女士辞去财务总监职务不会影响公 司相关工作的正常进行。公司董事会将根据有关规定尽快聘任新的财务总监。在 公司董事会聘任新任财务总监之前，由公司总裁周成建先生代为行使财务总监职 责。 截至本公告披露之日，李莹女士未持有公司股票，亦不存在应当履行而未履 行的承诺事项。李莹女士在任职期间为公司发展所做的贡献，公司董事会表示衷 心的感谢！ 特此公告。 上海美特斯邦威服饰股份有限公司董事会 ...

Group 1 - The company Meibang Apparel (SZ 002269) announced that its 20th meeting of the sixth board of directors was held on October 30, 2025, in Shanghai, where the agenda included the discussion of the 2025 third-quarter report [1] - For the first half of 2025, Meibang Apparel's revenue composition was 87.04% from wholesale and retail, and 12.96% from other businesses [1]

Core Viewpoint - Meibang Apparel continues to face significant financial challenges, with a notable decline in revenue and increased losses despite attempts to rejuvenate the brand through unconventional marketing strategies like live streaming performances by its chairman [1][2]. Financial Performance - For the first three quarters of the year, the company reported a revenue of 329 million, a year-on-year decrease of 37.3% [1] - The net profit attributable to shareholders was a loss of 68.98 million, a year-on-year decline of 233.1% [1] - The adjusted net profit also worsened, with losses increasing from 58.11 million to 75.09 million compared to the same period last year [1] - The net cash flow from operating activities was -153 million, an increase in loss of 38.6% year-on-year [1] Quarterly Breakdown - In the third quarter, the company achieved a revenue of 102 million, down 7.7% year-on-year [1] - The net profit attributable to shareholders for the third quarter was a loss of 78.91 million, a significant drop of 216% compared to the same quarter last year [1] - The gross margin for the first three quarters was 40.88%, up 6.90 percentage points year-on-year, while the net margin was -20.96%, down 30.83 percentage points [1] - For the third quarter, the gross margin was 24.68%, down 4.09 percentage points year-on-year and down 24.11% quarter-on-quarter [1] - The net margin for the third quarter was -77.20%, a decline of 54.66 percentage points year-on-year and down 81.42 percentage points from the previous quarter [1] Leadership and Brand Strategy - The founder and chairman, Zhou Chengjian, attempted to revitalize the brand by performing a group dance in a live stream, aiming to connect with younger audiences [1]

Core Viewpoint - Meibang Apparel (002269.SZ) reported a significant decline in revenue and incurred net losses in the first three quarters of 2025 [1] Financial Performance - The company's operating revenue for the first three quarters was 329 million yuan, representing a year-on-year decrease of 37.31% [1] - The net loss attributable to shareholders of the listed company was 68.9845 million yuan [1] - The net loss attributable to shareholders, excluding non-recurring gains and losses, was 75.0875 million yuan [1] - The basic loss per share was 0.03 yuan [1]

Core Viewpoint - Meibang Apparel reported a significant decline in revenue and incurred losses in the first three quarters of 2025, indicating challenges in the company's financial performance [1] Financial Performance - The company's revenue for the first three quarters was 329 million yuan, representing a year-on-year decrease of 37.31% [1] - The company recorded a loss of 68.9845 million yuan during the same period [1]

关于 2025 年前三季度计提资产减值准备的公告 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。 根据《深圳证券交易所上市公司规范运作指引》等有关规定，上海美特斯邦 威服饰股份有限公司（以下简称"公司"）现将公司 2025 年前三季度计提资产减 值准备的情况公告如下： 一、本次计提资产减值准备情况概述 1、本次计提资产减值准备的原因 为真实反映公司截止 2025 年 9 月 30 日的财务状况、资产价值及经营成果， 公司基于谨慎性原则，对公司及下属子公司的各类资产进行全面检查和减值测试， 依据《企业会计准则》、《深圳证券交易所上市公司规范运作指引》及公司会计政 策等相关制度的规定，拟对公司截至 2025 年 9 月 30 日合并会计报表范围内有关 资产计提相应的减值准备。 股票代码：002269 股票简称：美邦服饰 编号：2025-040 上海美特斯邦威服饰股份有限公司 本次计提资产减值准备的范围主要为应收账款及存货。计提各项资产减值准 备合计 2,881 万元，考虑所得税影响后，将减少 2025 年前三季度末归属于母公 司所有者的净利润 2,881 万元，相 ...

股票代码：002269 股票简称：美邦服饰 编号：2025-042 上海美特斯邦威服饰股份有限公司 关于收到债务豁免函暨关联交易的公告 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。 一、债务豁免概述 上海美特斯邦威服饰股份有限公司（以下简称"公司"或"本公司"）日前收 到公司控股股东上海华服投资有限公司（以下简称"华服投资"）《债务豁免函》。 华服投资为支持公司发展，华服投资决定豁免公司应偿还华服投资的 200,000,000 元(大写：人民币贰亿元整)借款本金。剩余未豁免部分本金及利息， 仍按照双方签署的《财务资助协议》执行。 本次债务豁免不构成《上市公司重大资产重组管理办法》规定的重大资产重 组，无需经过有关部门批准。 二、关联方基本情况 （一）上海华服投资有限公司 1、 概况 关联方名称：上海华服投资有限公司 成立时间：2007年9月6日 法定代表人：周成建 1 营业期限：2007-09-06 至 无固定期限 经营范围：实业投资,投资管理,企业管理咨询,投资信息咨询,企业策划,景 观设计。 2、 关联关系 截至本公告披露日，上海华服投资有限公司持有本公 ...

股票代码：002269 股票简称：美邦服饰 编号：2025-041 上海美特斯邦威服饰股份有限公司 第六届董事会第二十次会议决议公告 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、准确性和完整性承担个别及连带责任。 1 上海美特斯邦威服饰股份有限公司（以下简称"公司"）日前以书面和电子 邮件方式向董事发出第六届董事会第二十次会议通知，会议于 2025 年 10 月 30 日在上海市浦东新区环桥路 208 号公司会议室召开。本次会议应出席董事 7 人， 实际出席董事 7 人，周成建、游君源、庄欢跃、陈磊、张纯、袁敏、陆敬波参加 了本次会议。会议由董事周成建先生主持，会议召开符合《公司法》及《公司章 程》的有关规定。 二、董事会会议审议情况 1. 审议通过《关于 2025 年三季度报告的议案》 会议以 7 票同意，0 票反对，0 票弃权，审议通过了公司《关于 2025 年三季 度报告的议案》，该议案经公司董事会审计委员会审议通过，具体内容详情请见 同时披露的公司 2025 年三季度报告。 2. 审议通过《关于 2025 年前三季度计提资产减值准备的议案》 会 ...

Financial Performance - The company's revenue for Q3 2025 was ¥102,219,074.44, representing a decrease of 7.67% compared to the same period last year[5]. - The net profit attributable to shareholders was a loss of ¥78,914,746.33, a decline of 216.16% year-on-year[5]. - The basic and diluted earnings per share were both -¥0.03, reflecting a decrease of 200.00% compared to the previous year[5]. - Total operating revenue for the current period is ¥329,163,392.04, a decrease of 37.3% compared to ¥525,070,435.65 in the previous period[18]. - Net profit for the current period is -¥68,984,457.59, compared to a net profit of ¥51,820,575.97 in the previous period, indicating a significant decline[19]. - The total comprehensive income for the current period is -¥62,184,886.08, compared to ¥55,353,481.43 in the previous period, indicating a significant decline[20]. Assets and Liabilities - Total assets at the end of the reporting period were ¥1,860,550,113.83, down 1.99% from the end of the previous year[5]. - Total current assets of CNY 673,314,797.01, an increase from CNY 653,396,197.09 at the beginning of the period, reflecting a growth of approximately 9.4%[15]. - Total liabilities increased to CNY 1,408,989,692.76 from CNY 1,313,207,199.91, marking an increase of approximately 7.3%[16]. - The total liabilities increased to ¥1,672,577,848.83 from ¥1,618,184,973.44, reflecting a rise of 3.4%[17]. - The total equity attributable to shareholders decreased to ¥187,972,265.00 from ¥280,227,977.08, a decline of 32.8%[17]. Cash Flow - The company's cash flow from operating activities showed a net outflow of ¥153,336,479.17, an increase of 38.63% year-to-date[5]. - Cash flow from operating activities resulted in a net outflow of -¥153,336,479.17, an improvement from -¥249,863,506.55 in the previous period[20]. - The net cash inflow from investment activities was 368,257,578.07, with cash outflow totaling 13,767,872.16, resulting in a net cash flow of -13,767,872.16[21]. - The total cash inflow from financing activities was 718,328,090.11, while cash outflow amounted to 580,035,028.51, leading to a net cash flow of 138,293,061.60[21]. - The ending balance of cash and cash equivalents was 29,458,893.59, down from 58,270,183.32 at the beginning of the period[21]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 105,852[12]. - The largest shareholder, Shanghai Huafu Investment Co., Ltd., holds a 33.43% stake in the company[12]. Research and Development - Research and development expenses decreased by 46.67% to ¥11,158,560.70, primarily due to reduced labor costs[10]. - Research and development expenses for the current period were ¥11,158,560.70, down 46.8% from ¥20,924,794.26 in the previous period[18]. Other Financial Metrics - The company experienced a 37.31% decline in operating income year-to-date, primarily due to property sales in the previous year[10]. - The company reported a significant decrease in asset disposal income, down 96.97% to ¥2,055,957.02, compared to the previous year[10]. - Other comprehensive income after tax for the current period is ¥6,799,571.51, an increase from ¥3,532,905.46 in the previous period[19]. - The company did not undergo an audit for the third quarter financial report[22].

Core Insights - The article discusses the transformation of Metersbonwe under the leadership of founder Zhou Chengjian, who emphasizes a "zero-based" mindset to reconnect with consumers and revitalize the brand [1][2][25] - The company aims to regain its position in the Asian market and enhance its brand appeal among younger consumers while maintaining its historical identity [2][25] Group 1: Brand Transformation - Metersbonwe is undergoing a comprehensive transformation, focusing on product line expansion and a new retail model that integrates online and offline channels [1][2] - The brand is returning to its roots, emphasizing its "academy style" while adapting to modern trends and consumer preferences [5][25] - Zhou Chengjian has personally engaged in market research, visiting various cities to understand consumer needs and preferences [1][5] Group 2: Market Strategy - The company is adopting a multi-tiered management approach, with direct sales in first-tier cities and a franchise model in lower-tier cities [12][13] - Metersbonwe plans to establish "next main stores" in key shopping areas to enhance brand visibility and consumer engagement [12][25] - The brand aims to balance its physical store presence with online strategies, ensuring a seamless shopping experience for consumers [14][25] Group 3: Product Development - The new product strategy focuses on inclusivity, offering styles that cater to various body types, age groups, and occasions [6][10] - Metersbonwe seeks to differentiate itself by providing versatile clothing that allows for cross-style and cross-scenario combinations [9][10] - The brand is committed to evolving its product offerings while retaining its core identity, such as the classic academy style [25][26] Group 4: Brand Communication - Zhou Chengjian has taken an active role in brand communication, including live streaming to share the company's transformation journey with consumers [16][17] - The brand aims to create a narrative that resonates with consumers, focusing on storytelling rather than merely promoting products [16][17] - Metersbonwe recognizes the importance of professional marketing teams to effectively convey its brand message in the future [17][21]