尹尚良先生担任公司副总经理期间恪尽职守、勤勉尽责，公司董事会谨对其为公司 发展作出的积极贡献表示衷心感谢！ 证券代码：002574 证券简称：明牌珠宝 公告编号：2026-004 特此公告。 浙江明牌珠宝股份有限公司 关于副总经理退休离职的公告 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。 浙江明牌珠宝股份有限公司（以下简称"公司"）董事会于近日收到尹尚良先生提 交的辞职报告，尹尚良先生因到退休年龄，辞去公司副总经理职务。辞去上述职务后， 尹尚良先生将不再担任公司及控股子公司任何职务。截至本公告披露日，尹尚良先生未 持有公司股份。尹尚良先生的辞职报告自送达公司董事会时生效。 浙江明牌珠宝股份有限公司 董事会 2026年3月31日 ...

Core Viewpoint - A new wave of price increases has emerged among major gold jewelry brands in China, with price hikes ranging from 10% to 30% for high-end and artisanal jewelry, despite high gold prices [1][4][5]. Group 1: Price Increases - Major brands such as Chow Sang Sang, Chao Hong Ji, and Lao Pu Gold have raised prices for their "one-price" jewelry, with increases primarily in high-end products [1][4]. - The price of gold jewelry has reached historical highs, with international gold prices exceeding $5000 per ounce and domestic prices surpassing 1500 RMB per gram [1][4]. - The price adjustments for "one-price" products, which are not priced by weight but by craftsmanship, have been significant, with some products seeing increases of up to 2000 RMB [4][5]. Group 2: Market Dynamics - The current market is experiencing a bifurcation, with high-end brands like Lao Pu Gold and Lin Chao thriving, while mass-market brands are struggling [9][10]. - Consumer behavior is shifting towards valuing craftsmanship over weight, leading to increased acceptance of "one-price" products [4][11]. - The sales performance during the recent Spring Festival indicates a strong demand for gold, particularly in high-end markets, with a notable increase in foot traffic and sales [8][11]. Group 3: Financial Performance - Companies focusing on "one-price" strategies, such as Chao Hong Ji, are expected to see significant profit growth, while mass-market brands are facing declines in profitability [10][11]. - For instance, Cai Bai Co. anticipates a net profit increase of 47.43% to 71.07%, while brands like China Gold and Cuihua Jewelry are projecting substantial profit declines [10]. Group 4: Future Trends - The industry may see a trend towards high-end market focus and a reduction in low-tier market presence as companies adapt to changing consumer preferences [12].

Group 1 - The core point of the article is that Mingpai Jewelry (002574) has approximately 29,400 shareholders as of February 10 [1]

Group 1 - The core viewpoint of the article is that Mingpai Jewelry (002574) acknowledges that its photovoltaic cell business currently contributes a low proportion to the company's revenue, but the recovery of the industry is beneficial for the future development of this business [1] Group 2 - The company responded to investor inquiries on an interactive platform regarding its business segments [1] - The short-term revenue contribution from the photovoltaic cell business is minimal [1] - The positive industry trend is expected to support the future growth of the company's photovoltaic cell operations [1]

Group 1 - The core viewpoint of the article is that Mingpai Jewelry (002574) focuses on enhancing product brand premium to mitigate operational risks associated with price fluctuations [1] - During the reporting period, the company's main jewelry business has maintained stable development [1]

Group 1 - The core point of the article is that Mingpai Jewelry reported its shareholder count as approximately 33,400 as of January 30 [2]

Group 1 - The price of physical gold from Mingpai Jewelry is quoted at 1566 CNY per gram on February 9, 2026, an increase of 78 CNY per gram compared to the previous trading day [1][2] - The platinum price is quoted at 836 CNY per gram on the same day, rising by 31 CNY per gram from the previous trading day [1][2] - The gold price on February 6, 2026, was 1482 CNY per gram, indicating a significant upward trend in gold prices over the past few days [3] Group 2 - Diplomatic talks between U.S. and Iranian officials took place in Muscat, Oman, with expectations for further negotiations soon [4] - These diplomatic efforts are occurring against a backdrop of escalating military tensions in the region, with U.S. naval forces gathering near Iran [4] - Iran has issued warnings of a strong response to any potential attacks, highlighting the geopolitical risks that may influence commodity prices [4]

Group 1 - Iwojia (000560) is a leading real estate agency in China, established in 2000, focusing on property leasing, second-hand housing transactions, new house agency, and home services, benefiting from the rental and sales rights policy [1][33] - The company has over 3,000 offline stores and has served more than 10 million families, with its "Xiangyu" brand managing over 400,000 rental units [1][33] - Future prospects include market share expansion due to the deepening of rental and sales rights policies and enhanced service experience through digital tools [1][33] Group 2 - Huafa Group (600325) is a well-established real estate company under the Zhuhai State-owned Assets Supervision and Administration Commission, focusing on real estate development and property services, primarily in the Guangdong-Hong Kong-Macao Greater Bay Area [2][34] - The company actively participates in the rental and sales rights sector with its "Huafa Youjia" rental brand and is involved in urban renewal and industrial support projects [2][34] - Future outlook includes value reassessment of land reserves and profit growth from the expansion of rental business [2][34] Group 3 - Caixin Development (000838) is a listed platform under Chongqing Caixin Group, focusing on real estate development and urban renewal, primarily in the Chengdu-Chongqing economic circle [3][35] - The company integrates into the regional housing rental system through self-owned apartment projects and affordable housing cooperation [3][35] - Future prospects include long-term value release from land reserves and urban renewal projects, with rental business expansion opening new growth opportunities [3][35] Group 4 - China Merchants Shekou (001979) is a flagship real estate platform under China Merchants Group, focusing on real estate development and commercial operations, primarily in key urban clusters [4][36] - The company has over 20,000 rental units under its "Yijian" brand and is deeply involved in the construction of affordable rental housing [4][36] - Future outlook includes profit growth from the expansion of rental business and asset revitalization through REITs pilot projects [4][36] Group 5 - Chengdu Investment Holdings (600649) is a city construction and operation platform under the Shanghai State-owned Assets Supervision and Administration Commission, focusing on real estate development and water operations [5][37] - The company actively responds to policy directions through affordable housing projects and long-term rental operations [5][37] - Future prospects include expansion of rental business scale and long-term value release from urban renewal projects [5][37] Group 6 - Binjiang Group (002244) is a leading real estate company in Hangzhou, focusing on high-quality residential development and commercial operations [6][39] - The company actively participates in the housing rental market through self-owned commercial properties and long-term rental projects [6][39] - Future outlook includes value reassessment of land reserves and profit growth from rental business expansion [6][39] Group 7 - Sealand (002285) is a leading comprehensive real estate service provider in China, focusing on property agency, rental services, and asset operation [7][40] - The company has served over one million families and manages over 100,000 rental units under its "Hongpu Apartment" brand [7][40] - Future prospects include market share expansion and service experience enhancement through digital tools [7][40] Group 8 - Poly Developments (600048) is a flagship real estate platform under Poly Group, focusing on real estate development and property services [8][41] - The company has over 50,000 rental units under its "Poly Apartment" brand and is involved in affordable rental housing construction [8][41] - Future outlook includes profit growth from rental business expansion and financing advantages under state-owned enterprise background [8][41] Group 9 - Huangting International (000056) is a commercial real estate operator based in Shenzhen, focusing on commercial property operations and financial services [9][42] - The company actively participates in the housing rental market through self-owned commercial property transformation and long-term rental operations [9][42] - Future prospects include further opening of rental space through commercial property transformation and value release from urban renewal projects [9][42] Group 10 - Jinhe Commercial Management (603682) is a leading cultural and creative park operator, focusing on urban renewal and cultural park operations [10][43] - The company integrates into the regional housing rental system through park-affiliated apartment operations and affordable housing cooperation [10][43] - Future outlook includes growth in park-affiliated rental business and consolidation of industry position through ongoing urban renewal projects [10][43] Group 11 - Vanke A (000002) is a leading real estate company in China, focusing on real estate development and rental operations [11][44] - The company has over 200,000 rental units under its "Boyu" brand, making it one of the largest long-term rental apartment operators in China [11][44] - Future prospects include profit growth from rental business expansion and asset revitalization through REITs pilot projects [11][44] Group 12 - Tianjian Group (000090) is a city construction and operation platform under the Shenzhen State-owned Assets Supervision and Administration Commission, focusing on real estate development and urban construction [12][45] - The company actively responds to policy directions through affordable housing projects and long-term rental operations [12][45] - Future outlook includes expansion of rental business scale and long-term value release from urban renewal projects [12][45] Group 13 - ST Sunshine (000608) is an established glass manufacturing company transitioning into the new energy and real estate sectors [13][46] - The company attempts to enter the housing rental market through self-owned property transformation and affordable housing cooperation [13][46] - Future prospects include growth in rental business and recovery of overall performance through the expansion of photovoltaic glass business [13][46] Group 14 - 365 Network (300295) is a leading real estate internet service platform, focusing on property information and transaction services [14][47] - The company integrates rental housing information through its online platform, benefiting from the rental and sales rights policy [14][47] - Future outlook includes growth in online rental platform traffic and improved profitability through financial technology business expansion [14][47] Group 15 - Debi Group (300947) is a leading cultural and creative park operator, focusing on urban renewal and cultural park operations [15][48] - The company integrates into the regional housing rental system through park-affiliated apartment operations and affordable housing cooperation [15][48] - Future prospects include growth in park-affiliated rental business and consolidation of industry position through ongoing urban renewal projects [15][48] Group 16 - Changjiang Investment (600119) is a logistics and real estate platform under the Shanghai State-owned Assets Supervision and Administration Commission, focusing on logistics operations and real estate development [16][49] - The company attempts to enter the housing rental market through self-owned property transformation and affordable housing cooperation [16][49] - Future outlook includes growth in rental business and performance improvement through logistics real estate appreciation [16][49] Group 17 - New Huangpu (600638) is a real estate platform under the Shanghai State-owned Assets Supervision and Administration Commission, focusing on real estate development and financial services [17][50] - The company actively participates in the housing rental market through affordable housing projects and long-term rental operations [17][50] - Future prospects include expansion of rental business scale and long-term value release from urban renewal projects [17][50] Group 18 - Yueshin Health (002162) is a health real estate and elderly care service provider, focusing on health real estate development and elderly care services [18][51] - The company integrates into the regional housing rental system through health community-affiliated apartment operations and affordable housing cooperation [18][51] - Future outlook includes growth in health rental business and improved profitability through the expansion of elderly care services [18][51]

Market Overview - The jewelry sector experienced a slight decline of 0.03% on February 4, with China Gold leading the drop [1] - The Shanghai Composite Index closed at 4102.2, up 0.85%, while the Shenzhen Component Index closed at 14156.27, up 0.21% [1] Individual Stock Performance - Notable gainers included: - Caizhi Co., Ltd. (605599) with a closing price of 25.23, up 5.43% and a trading volume of 305,900 shares, totaling 773 million yuan [1] - Shenhua A (000017) closed at 7.53, up 1.62% with a trading volume of 178,300 shares, totaling 134 million yuan [1] - Major decliners included: - China Gold (600916) closed at 12.17, down 6.31% with a trading volume of 2,423,000 shares [2] - Xinghua Jewelry (002731) closed at 11.05, down 0.90% with a trading volume of 307,700 shares [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 465 million yuan from institutional investors, while retail investors contributed a net inflow of 464 million yuan [2] - The main capital flow for selected stocks showed: - Zhou Dazheng (002867) had a net inflow of 15.87 million yuan from institutional investors, while retail investors had a net outflow of 608,600 yuan [3] - Diya Co., Ltd. (301177) experienced a net inflow of 7.01 million yuan from institutional investors, with a net outflow of 68,700 yuan from retail investors [3]

Group 1 - The core viewpoint of the news is that Mingpai Jewelry has experienced fluctuations in its stock performance and financial metrics, indicating potential investment opportunities and risks [1][2]. - On February 3, Mingpai Jewelry's stock rose by 3.69%, with a trading volume of 156 million yuan. The financing buy amount was 16.35 million yuan, while the financing repayment was 28.19 million yuan, resulting in a net financing buy of -11.84 million yuan [1]. - As of February 3, the total margin balance for Mingpai Jewelry was 126 million yuan, accounting for 3.68% of its circulating market value, which is above the 50th percentile level over the past year [1]. Group 2 - As of January 20, the number of shareholders for Mingpai Jewelry increased to 35,100, up by 18.98%, while the average circulating shares per person decreased by 15.95% to 15,042 shares [2]. - For the period from January to September 2025, Mingpai Jewelry reported a revenue of 2.62 billion yuan, a year-on-year decrease of 25.37%, and a net profit attributable to shareholders of -107 million yuan, a significant decline of 1502.07% [2]. - Since its A-share listing, Mingpai Jewelry has distributed a total of 335 million yuan in dividends, with 52.8 million yuan distributed over the past three years [3].