运动·快乐·梦想 证券代码：002780 证券简称：三夫户外 公告编号：2025-073 北京三夫户外用品股份有限公司 关于签署募集资金三方监管协议的公告 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。 北京三夫户外用品股份有限公司（以下简称"公司"）经中国证券监督管理委员会《关 于同意北京三夫户外用品股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕 1510号）核准，向特定对象发行人民币普通股（A股）股票7,774,227股，发行价格为人民币 9.39元/股，募集资金总额为人民币72,999,991.53元，扣除与发行有关的费用人民币 3,586,484.32元（不含增值税），实际募集资金净额为人民币69,413,507.21元。 上述募集资金已于2025年11月24日划入公司在杭州银行股份有限公司北京中关村支行开 设的指定账户，资金到账情况已经容诚会计师事务所（特殊普通合伙）验证并出具了验资报 告（容诚验字[2025]251Z0012号）。 为规范公司募集资金管理，保护中小投资者的权益，根据《上市公司募集资金监管规则》、 《深圳证券交易所股 ...

Group 1: New Consumption - The report emphasizes the continuous exploration of new products, channels, and brand changes within the new consumption sector, highlighting the resilience of leading companies despite market concerns about revenue growth and profit realization in 2026 [8][15][9] - Key sectors include eyewear, with a focus on AI and AR technologies, recommending companies like 康耐特光学 for their innovative approaches [18][30] - The潮玩 (trendy toys) sector is noted for its high growth potential, particularly with brands like 泡泡玛特 and their successful IP strategies [34][38] - The personal care and household cleaning segment is undergoing a transformation, driven by the rise of platforms like 抖音, which enhances brand visibility and sales conversion [54][55] Group 2: Export Chain - The report identifies the light industry export chain as a key area, emphasizing the importance of high pricing power, market diversification, and mature overseas production capabilities [10] - Recommendations include关注匠心家居, 共创草坪, and other companies that demonstrate strong performance in international markets [10] Group 3: Cyclical Opportunities - The report suggests a focus on quality leaders in the cyclical sector, particularly in home textiles and furniture, where companies like 水星家纺 and 欧派家居 are highlighted for their strong market positions [11][11] - The report notes the increasing differentiation within the home goods market, recommending companies that offer value and competitive pricing [11]

北京三夫户外用品股份有限公司 股票简称：三夫户外 股票简称：002780 （北京市西城区宣武门西大街甲 127 号金隅大厦 B 座） （北京市昌平区陈家营西路 3 号院 23 号楼） 向特定对象发行 A 股股票 发行情况报告书 保荐人（主承销商） 发行人全体董事、审计委员会及高级管理人员声明 本公司全体董事、审计委员会及高级管理人员承诺本发行情况报告书不存在 虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担相应的 法律责任。 二〇二五年十一月 三夫户外向特定对象发行股票 发行情况报告书 全体董事签名： 张 恒 邹 曦 孙 雷 李继娟 朱 冰 钟节平 何 枫 三夫户外向特定对象发行股票 发行情况报告书 1-2 三夫户外向特定对象发行股票 发行情况报告书 北京三夫户外用品股份有限公司 年 月 日 1-1 1-3 三夫户外向特定对象发行股票 发行情况报告书 1-4 三夫户外向特定对象发行股票 发行情况报告书 虚假记载、误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担相应的 法律责任。 全体审计委员会签名： 朱 冰 钟节平 何 枫 北京三夫户外用品股份有限公司 年 月 日 1-5 发行人全体董事 ...

北京市竞天公诚律师事务所 关于北京三夫户外用品股份有限公司 向特定对象发行股票之 发行过程和认购对象合规性的 法律意见书 北京市竞天公诚律师事务所 二〇二五年十一月 中国北京市朝阳区建国路 77 号华贸中心 3 号写字楼 34 层 邮政编码 100025 电话:（86-10） 5809-1000 传真:（86-10） 5809-1100 北京市竞天公诚律师事务所 关于北京三夫户外用品股份有限公司 向特定对象发行股票之发行过程和认购对象合规性的 法律意见书 致：北京三夫户外用品股份有限公司 北京市竞天公诚律师事务所（以下称"本所"）受北京三夫户外用品股份有 限公司（以下称"发行人"或"公司"）委托，担任发行人本次向特定对象发行 股票并于深圳证券交易所上市事宜（以下称"本次发行"）的专项法律顾问，并 为发行人本次发行股票的相关事项出具本法律意见书。 依据《中华人民共和国公司法》（以下称"《公司法》"）、《中华人民共和国证 券法》（以下称"《证券法》"）、《证券发行与承销管理办法》（以下称"《承销管理 办法》"）、《上市公司证券发行注册管理办法》（以下称"《注册管理办法》"）、《深 圳证券交易所上市公司证券发行与承 ...

信达证券股份有限公司 关于 北京三夫户外用品股份有限公司 向特定对象发行 A 股股票 发行过程和认购对象合规性的报告 保荐人（主承销商） （北京市西城区宣武门西大街甲 127 号金隅大厦 B 座） 二〇二五年十一月 经中国证券监督管理委员会（以下简称"中国证监会"）《关于同意北京三 夫户外用品股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕 1510 号）批复，同意北京三夫户外用品股份有限公司（以下简称"三夫户外"、 "公司"、"上市公司"或"发行人"）向特定对象发行股票的注册申请。 信达证券股份有限公司（以下简称"信达证券"或"保荐人（主承销商）"） 作为公司本次发行的保荐人（主承销商），对本次发行过程及认购对象的合规性 进行了核查，认为三夫户外本次发行过程及认购对象符合《中华人民共和国公司 法》（以下简称"《公司法》"）《中华人民共和国证券法》（以下简称"《证 券法》"）、《证券发行与承销管理办法》《上市公司证券发行注册管理办法》 （以下简称"《注册管理办法》"）、《深圳证券交易所上市公司证券发行与承 销业务实施细则》（以下简称"《实施细则》"）等相关法律、法规和规范性文 件的规定以及发行 ...

运动·快乐·梦想 特此公告。 北京三夫户外用品股份有限公司董事会 二〇二五年十一月二十八日 第 1 页 共 1 页 关于向特定对象发行股票发行情况报告书披露的提示性公告 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。 北京三夫户外用品股份有限公司（以下简称"公司"）向特定对象发行股票的发行承销 总结及相关文件已在深圳证券交易所备案通过，公司将依据相关规定尽快办理本次发行新增 股份的登记托管事宜。 《北京三夫户外用品股份有限公司向特定对象发行股票发行情况报告书》及相关文件已 于同日在巨潮资讯网（www.cninfo.com）披露，敬请广大投资者查阅。 证券代码：002780 证券简称：三夫户外 公告编号：2025-072 北京三夫户外用品股份有限公司 ...

Emission Standards and Market Opportunities - The upcoming National 7 (国七) emission standards are expected to be the strictest environmental regulations in history, aiming for a significant reduction in pollutants and greenhouse gas emissions[3] - The National 7 standards may be released in 2027 and implemented in 2029, with significant changes for light-duty vehicles and relatively minor changes for heavy-duty vehicles[3] - The value of the exhaust after-treatment system per vehicle is projected to increase by approximately 50% compared to the National 6 (国六) standards, with catalysts, packaging, and electronic control systems accounting for over 80% of this value[4] Market Size and Growth Projections - The overall market size for exhaust after-treatment systems is expected to exceed 100 billion yuan, driven by the new standards[4] - By 2029, the market for commercial vehicles is projected to reach 610.73 thousand units, while hybrid vehicle sales are expected to grow to 721.43 thousand units[22] - The estimated market scale gain from the implementation of the National 7 standards is projected to be 1.27 billion yuan by 2029[22] Beneficiary Companies - Aikelan (艾可蓝) is positioned to benefit from the National 7 standards due to its core technologies in exhaust after-treatment products and ongoing research and development efforts[5] - Zhongzi Technology (中自科技) specializes in exhaust purification catalysts for various internal combustion engines, making it another potential beneficiary of the new standards[5] Market Performance and Trends - This week, the A-share market experienced a general decline, with small-cap indices underperforming compared to large-cap indices[6] - The total trading volume in the A-share market was 6.64 billion shares, with a total transaction value of 932.52 billion yuan, reflecting a decrease in liquidity compared to the previous week[31]

Group 1 - The tourism sector experienced a collective decline on November 20, with several companies showing significant drops in stock prices [1] - Yingxin Development fell over 8%, while Nanjing Commercial Travel and Yunnan Tourism dropped by 7% and 6% respectively [1] - Other companies such as Sanfu Outdoor, Tianfu Cultural Tourism, and others also saw declines exceeding 2% [1]

Core Insights - The A-share market saw a collective decline in tourism stocks, with notable drops in companies such as Yingxin Development, Nanjing Business Travel, and Yunnan Tourism [1] Group 1: Stock Performance - Yingxin Development experienced a decline of 8.06%, with a total market value of 19.4 billion [2] - Nanjing Business Travel fell by 7.02%, with a market capitalization of 3.249 billion [2] - Yunnan Tourism decreased by 6.09%, with a market value of 5.933 billion [2] - Sanfu Outdoor dropped over 4.26%, with a market capitalization of 2.375 billion [2] - Other companies such as Tianfu Cultural Tourism, Sanxia Tourism, Qujiang Cultural Tourism, and Xiyu Tourism also saw declines exceeding 2% [1][2] Group 2: Year-to-Date Performance - Despite the recent declines, Yingxin Development has a year-to-date increase of 51.14% [2] - Nanjing Business Travel has risen by 13.57% year-to-date [2] - Tianfu Cultural Tourism shows a significant year-to-date increase of 62.76% [2] - Xizang Tourism has a year-to-date increase of 60.35% [2]

Market Overview - As of November 18, the Shanghai Composite Index closed at 3939.81 points, down 32.22 points, a decline of 0.81% [1] - The Shenzhen Component Index closed at 13080.49 points, down 121.52 points, a decline of 0.92% [1] - The ChiNext Index closed at 3069.22 points, down 35.98 points, a decline of 1.16% [1] High Turnover Stocks - A total of 100 A-shares had a turnover rate exceeding 20% on November 18, with six stocks, including Beikong Detection and C Hengkong, having turnover rates above 50% [1] - Beikong Detection (stock code: 920160) had a closing price of 26.50 yuan and a turnover rate of 88.46%, with a price increase of 295.52% [1] - C Hengkong (stock code: 688727) closed at 61.55 yuan, with a turnover rate of 81.36% and a price increase of 310.61% [1] - Other notable stocks with high turnover rates include C Nanshu (75.35% turnover, 224.78% increase) and Zhongfutong (53.96% turnover, -3.19% decrease) [1] Additional High Turnover Stocks - Other stocks with significant turnover rates include: - Xue Ren Group (50.33% turnover, -2.55% decrease) [1] - Jianglong Boat (46.42% turnover, -2.02% decrease) [1] - Xuanya International (44.73% turnover, 20.01% increase) [1] - Hongxiang Co. (44.63% turnover, 5.98% increase) [1] - The list continues with various companies showing diverse performance in terms of turnover and price changes [2][3][4]