每经AI快讯，2月2日，A股零售板块午后走高，新华百货此前涨停，三江购物涨超9％，茂业商业、东 百集团、丽人丽妆、海宁皮城等个股跟涨。 （文章来源：每日经济新闻） ...

格隆汇2月2日｜A股零售板块午后走高，新华百货此前涨停，三江购物涨超9%，茂业商业、东百集 团、丽人丽妆、海宁皮城等个股跟涨。消息面上，九部门印发《2026"乐购新春"春节特别活动方案》， 提出通过商旅文体健融合、线上线下联动，组织开展内容丰富多彩的春节促消费活动。 ...

Investment Rating - The report maintains an "Accumulate" rating for the industry [5] Core Insights - The retail sector is expected to show varied performance in Q4 2025, with significant growth in certain segments like gold and jewelry, while others like supermarkets and department stores are projected to decline [1][2][4] - The report highlights the importance of the upcoming Spring Festival season, suggesting that sectors with performance elasticity, such as duty-free shops and certain tourist attractions, should be closely monitored [9] - The report emphasizes the potential of AI applications in enhancing e-commerce marketing, indicating a shift towards new retail strategies [9] Summary by Relevant Sections Retail Sector Outlook - Gold and Jewelry: - Lao Feng Xiang: Expected net profit growth of -15% to 5% in Q4 2025 - Zhou Da Sheng: Expected net profit growth of 15% to 30% in Q4 2025 - Chao Hong Ji: Forecasted net profit of 1.2 to 2.2 billion, with a year-on-year increase of 125% to 175% - Cai Bai Co.: Expected net profit growth of 150% to 254% in Q4 2025 - Yu Garden Co.: Forecasted loss of 4.312 billion in Q4 2025, compared to a loss of 1.03 billion in the same period last year [1] - Trendy Toys: - Miniso: Expected revenue growth of 25% to 30% in Q4 2025, with adjusted net profit growth of 10% to 20% [1] Supermarkets and Department Stores - Chongqing Department Store: Expected net profit of 1.021 billion, a decline of 22.4% year-on-year, with a projected drop of 92.5% in Q4 2025 - Wangfujing: Expected net profit loss of 0.45 to 0.23 billion, with a growth rate of -6.6% to 7.3% in Q4 2025 - Yonghui Supermarket: Expected loss of 2.14 billion, with a net profit growth rate of -3.1% in Q4 2025 - Home Home Joy: Expected net profit of 198 to 228 million, with a growth rate of 50.1% to 72.8% in Q4 2025 [2] Cross-Border and E-commerce - Small Commodity City: Expected net profit growth of 5% to 15% in Q4 2025 - Anker Innovation: Expected net profit growth of 10% to 20% in Q4 2025 - Su Mei Da: Expected net profit of 1.355 billion, with a growth rate of 70.8% in Q4 2025 [3] Social Services Sector Outlook - Duty-Free: China Duty-Free Group: Expected net profit growth of 29% to 173% in Q4 2025 - Tourism: - Songcheng Performance: Expected net profit growth of -204% to 294% in Q4 2025 - Jiuhua Tourism: Expected net profit growth of 0% to 15% in Q4 2025 [4] Investment Recommendations - The report recommends focusing on sectors with performance elasticity during the Spring Festival, including duty-free, certain tourist attractions, and gold and jewelry [9] - For 2026, the report suggests looking at service consumption and product consumption, particularly in duty-free and travel chains, as well as undervalued segments with improving fundamentals [9]

证券日报网讯 1月30日，海宁皮城发布公告称，公司董事会于2026 年 1 月 30 日收到公司副总经理陈月 凤女士的书面辞职报告。因已到法定退休年龄，陈月凤女士申请辞去公司副总经理、内部审计部门负责 人等相关职务。陈月凤女士原定任期至公司第六届董事会届满时止，辞职后，陈月凤女士将不再担任公 司及控股子公司任何职务。 （文章来源：证券日报） ...

南财智讯1月30日电，海宁皮城公告，公司董事会于2026年1月30日收到公司副总经理陈月凤女士的书面 辞职报告。因已到法定退休年龄，陈月凤女士申请辞去公司副总经理、内部审计部门负责人等相关职 务。上述辞职报告自送达公司董事会之日起生效。 ...

| 证券代码：002344 | 证券简称：海宁皮城 | | 公告编号：2026－001 | | --- | --- | --- | --- | | 债券代码：524046.SZ | 债券简称：24 | 皮城 01 | | 陈月凤女士的辞职不会影响公司日常经营工作的正常开展，陈月凤女士已按 照公司相关规定做好离职交接工作。 截至本公告披露日，陈月凤女士未持有本公司股票，不存在应当履行而未履 行的承诺事项。陈月凤女士在原定本届董事会任期内和任期届满后六个月内将继 续遵守《深圳证券交易所上市公司自律监管指引第18号——股东及董事、高级管 理人员减持股份（2025年修订）》、《上市公司董事和高级管理人员所持本公司 股份及其变动管理规则》等法律法规对高级管理人员股份变动的相关规定。 海宁中国皮革城股份有限公司 关于高级管理人员退休离任的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，并对公告中 的虚假记载、误导性陈述或者重大遗漏负连带责任。 一、高级管理人员离任情况 （一）提前离任的基本情况 海宁中国皮革城股份有限公司（以下简称"公司"或"本公司"）董事会于 2026 年 1 月 30 日收到公司副总经理陈 ...

Core Insights - High-end fur, such as mink priced at 8,000 yuan per piece and small lake sheep coats at 5,000 yuan, has rapidly gained popularity this winter, becoming a trend in the clothing industry [1] Group 1: Market Trends - The Haining Leather City has seen a significant increase in foot traffic this winter, with parking lots being nearly full on weekends, indicating a strong demand for leather products [3] - Social media has played a crucial role in driving consumer interest, with phrases like "buy fur in Haining, cashmere in Puyuan, and down jackets in Pinghu" becoming popular among consumers in Jiangsu, Zhejiang, and Shanghai [3][7] - The trend of cross-city shopping has emerged, with consumers flocking to wholesale markets for better prices and reliability compared to malls and e-commerce platforms [3][5] Group 2: Consumer Behavior - Many consumers are opting for wholesale markets to avoid high prices in retail stores, leading to a rise in services like online purchasing guidance and in-person shopping assistance [5] - The average fee for purchasing assistance is around 60 yuan per item, while online guidance or in-person shopping services range from 50 to 80 yuan per session [5] Group 3: Product Characteristics - The styles of fur products have become more youthful and tailored, appealing to younger female consumers and breaking the stereotype of fur being outdated or unflattering [9][11] - The price increase of fur materials, particularly for high-end options like purple sable, has stimulated consumer demand, with auction prices rising by 30% to 50% recently [11] - The average price increase for a piece of purple sable fur is estimated to be around 10,000 yuan, with longer styles seeing increases of 20,000 to 30,000 yuan [11]

Core Viewpoint - The high-end fur market, particularly in Haining, has gained significant popularity this winter, driven by social media influence and rising prices of raw materials, leading consumers to flock to wholesale markets for better deals [1][4][10]. Group 1: Market Trends - The prices of high-end furs, such as mink and small lake sheep coats, have surged, with items priced at 8,000 yuan and 5,000 yuan respectively, becoming trendy on social media [1]. - Haining Leather City has seen a notable increase in foot traffic, with parking spaces fully occupied, indicating a strong demand for leather and fur products this winter [3][7]. - The trend of cross-city shopping has emerged, with consumers from various provinces traveling to Haining for better prices and quality, as social media promotes specific shopping routes [4][7]. Group 2: Consumer Behavior - Consumers are increasingly opting for wholesale markets over traditional retail and e-commerce, seeking better prices and reliability, which has led to the rise of services like personal shopping and online guidance [5][10]. - The younger demographic is becoming the primary consumer group for fur products, with styles becoming more youthful and appealing, breaking the stereotype of fur being outdated [10][12]. Group 3: Price Dynamics - The price of high-end furs is expected to rise further, particularly for purple minks, which have seen auction prices increase by 30%-50%, leading to a projected price increase of 10,000 yuan for standard pieces [12]. - The rising prices of raw materials, particularly due to reduced overseas supply, are influencing the pricing strategies of retailers, who are less willing to negotiate on prices following recent auction results [12].

"十五五"规划建议就"建设强大国内市场"作出部署，提出"大力提振消费"等具体举措。近期召开的中央 经济工作会议也围绕建设强大国内市场、坚持扩大开放作出部署。立足下沉市场与产业变革的双重风 口，为海宁皮城（002344）(002344.SZ)等专业市场带来了政策新风。 公司深度绑定3000余家上下游企业，形成高粘性产业生态。在行业整体承压、线上分流加剧背景下，公 司通过"线下实体+数字平台"双轮驱动，强化电商供货基地与供应链平台运营，提升流通效率与客户留 存。同时，金融服务板块提供担保、融资租赁等精准融资支持，增强商户抗风险能力，巩固商户忠诚 度。区域连锁布局覆盖全国核心皮革产业带，品牌输出与产业联盟模式持续拓展市场边界，形成难以复 制的规模与网络效应。 在产业生态重塑方面，公司推进时尚小镇与设计基地建设，引入AI设计平台与版权交易机制，强化产 学研合作与知识产权保护，构建"设计—生产—交易—消费"全链条时尚产业生态。 目前，海宁皮城正积极推进传统市场向数字化转型，打造"皮城云批"和"皮城严选"等线上供应链平台， 完善电商渠道，应对线上交易分流风险。同时，通过"抖淘快微书"等多平台运营，扩大品牌影响力。未 来规 ...

Group 1 - The concept of "Characteristic Towns" has seen a decline of 1.00%, ranking among the top declines in concept sectors, with notable stocks like Huaxia Happiness and *ST Zhengping hitting the daily limit down [1] - Within the "Characteristic Towns" sector, major stocks such as Chengbang Co., Binjiang Group, and Palm Co. have also experienced significant declines, while only six stocks saw price increases, with Changbai Mountain, Haining Picheng, and Guai Bao Pet rising by 3.66%, 1.60%, and 1.47% respectively [1][2] Group 2 - The "Characteristic Towns" sector experienced a net outflow of 984 million yuan from main funds today, with 27 stocks seeing net outflows, and seven stocks exceeding 30 million yuan in outflows [2] - The stock with the highest net outflow was Salt Lake Co., which saw a net outflow of 428 million yuan, followed by China Railway Construction and Suzhou Gaoxin with net outflows of 172 million yuan and 76 million yuan respectively [2][3] - Stocks with the highest net inflows included Changbai Mountain, Haining Picheng, and Guai Bao Pet, attracting net inflows of 52 million yuan, 31 million yuan, and 15 million yuan respectively [2][3]