[Current Period Performance Forecast](index=1&type=section&id=Current%20Period%20Performance%20Forecast) This section provides the company's performance forecast for the first three quarters of 2025, detailing expected net profit and non-recurring net profit [1. Performance Forecast Period](index=1&type=section&id=1.%20Performance%20Forecast%20Period) This performance forecast covers the period from January 1, 2025, to September 30, 2025 - The performance forecast period is from **January 1, 2025, to September 30, 2025**[3](index=3&type=chunk) [2. Performance Forecast Details](index=1&type=section&id=2.%20Performance%20Forecast%20Details) The company expects net profit attributable to shareholders and net profit after deducting non-recurring gains and losses for the first three quarters of 2025 to be profitable, but both are projected to significantly decline compared to the same period last year 2025 First Three Quarters Performance Forecast (Unit: RMB 10,000) | Item | Current Period (Estimated) | Prior Period | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Net Profit Attributable to Shareholders of Listed Company | Profit: 3,000–3,600 | Profit: 10,174.62 | Decrease: 64.62%–70.51% | | Net Profit After Deducting Non-Recurring Gains and Losses | Profit: 2,500–2,900 | Profit: 9,119.85 | Decrease: 68.20%–72.59% | [Communication with Accounting Firm](index=1&type=section&id=Communication%20with%20Accounting%20Firm) The financial data in this performance forecast represents preliminary estimates by the company's finance department and has not yet been audited by an accounting firm - The performance forecast data is a preliminary estimate by the company's finance department and has not been audited by an accounting firm[5](index=5&type=chunk) [Explanation of Performance Changes](index=1&type=section&id=Explanation%20of%20Performance%20Changes) The company's performance decline this period is primarily due to lower-than-expected sales in the outdoor business and negative foreign exchange impacts on the chip business - Outdoor business product sales were lower than expected due to market conditions and new product iteration pace[6](index=6&type=chunk) - The chip business is developing positively overall, but foreign exchange losses due to currency fluctuations negatively impacted performance[6](index=6&type=chunk) [Other Relevant Information](index=1&type=section&id=Other%20Relevant%20Information) The company emphasizes that this performance forecast is preliminary, with final financial data subject to the 2025 Third Quarter Report, and advises investors to be aware of investment risks - This performance forecast data is a preliminary estimate by the company's finance department, and the specific financial data will be subject to the company's disclosed **2025 Third Quarter Report**[7](index=7&type=chunk)[8](index=8&type=chunk) - Investors are advised to make prudent decisions and be aware of investment risks[8](index=8&type=chunk) [Reference Documents](index=2&type=section&id=Reference%20Documents) The company provides the board of directors' explanation regarding the 2025 first three quarters performance forecast as a reference document - Reference documents include the board of directors' explanation regarding the **2025 first three quarters performance forecast**[9](index=9&type=chunk)

证券代码：300005 证券简称：探路者 编号：临2025-063 探路者控股集团股份有限公司 2、投资额度 公司计划使用不超过 8 亿元的闲置自有资金适时购买理财产品。在上述额度 内，资金可以滚动使用。 3、投资产品 公司将按照相关规定严格控制风险，对理财产品进行严格评估、筛选，选择 安全性高、低风险、投资回报相对较高的十二个月以内的理财产品。 关于使用自有资金购买理财产品的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 2025 年 10 月 17 日经探路者控股集团股份有限公司（简称"公司"）第六届 董事会第七次会议审议通过，同意公司使用不超过 8 亿元额度的闲置自有资金用 于适时购买安全性高、流动性好、低风险的理财产品，期限为自第六届董事会第 七次会议审议通过之日起 12 个月内，在上述额度和期限内，资金可以滚动使用， 同时授权公司管理层负责具体组织实施。 根据《深圳证券交易所创业板股票上市规则》《公司章程》等相关规定，公 司本次使用闲置自有资金购买理财产品属于董事会审批权限范围内，无需提交股 东会审议。详细情况如下： 一、投资概况 1、投资目的 ...

证券代码：300005 证券简称：探路者 编号：临2025-062 经全体董事书面表决，形成如下决议： （一）审议通过了《关于使用自有资金购买理财产品的议案》 具体内容详见公司同日于中国证券监督管理委员会指定信息披露平台发布 的《关于使用自有资金购买理财产品的公告》。 探路者控股集团股份有限公司 第六届董事会第七次会议决议公告 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。 一、会议召开情况 2025 年 10 月 14 日，探路者控股集团股份有限公司（简称"公司"）以电子 邮件及微信等形式通知召开公司第六届董事会第七次会议。2025 年 10 月 17 日， 会议以通讯表决的方式召开。本次董事会会议应出席会议的董事为 7 名，实际出 席会议的董事为 7 名。本次会议的召集和召开程序符合国家有关法律、法规及公 司章程的规定。 二、会议审议情况 董 事 会 2025 年 10 月 17 日 1 此项议案以 7 票同意、0 票反对、0 票弃权获得通过。 三、备查文件 1、第六届董事会第七次会议决议； 2、深交所要求的其他文件。 特此公告。 探路者控股集团股份有限公 ...

分红方面，探路者A股上市后累计派现5.09亿元。近三年，累计派现3041.77万元。 融券方面，探路者10月16日融券偿还0.00股，融券卖出0.00股，按当日收盘价计算，卖出金额0.00元； 融券余量0.00股，融券余额0.00元，低于近一年40%分位水平，处于较低位。 资料显示，探路者控股集团股份有限公司位于北京市昌平区北七家镇宏福科技园28号，成立日期1999年 1月11日，上市日期2009年10月30日，公司主营业务涉及户外用品业务和芯片业务两块业务,分别属于户 外用品行业和半导体行业。主营业务收入构成为：户外服装63.31%，芯片业务17.13%，户外鞋品 13.29%，户外装备3.71%，其他业务服务2.56%。 截至6月30日，探路者股东户数5.80万，较上期增加31.04%；人均流通股15220股，较上期减少23.69%。 2025年1月-6月，探路者实现营业收入6.53亿元，同比减少7.82%；归母净利润2009.41万元，同比减少 76.50%。 10月16日，探路者跌2.19%，成交额1.31亿元。两融数据显示，当日探路者获融资买入额1669.43万元， 融资偿还2783.61万元，融资 ...

10月16日，探路者大宗交易成交28.82万股，成交额200.01万元，占当日总成交额的1.5%，成交价6.94 元，较市场收盘价8.48元折价18.16%。 | 交易日期 | 证券代码 | 证券简称 | 成交价格 (元) | 成交量 | 成交金额 (万元) | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | (万股/万份) | | | | | 2025-10-16 | 300005 | 探路者 | 6.94 | 28.82 | 200.01 | 中信证券股份有限 | 广发证券股份有限 | | | | | | | | 公司福建分公司 | 公司福州居江西路 | | | | | | | | | 证券营业部 | ...

Group 1 - The core viewpoint of the news is that Ternary's stock has experienced fluctuations, with a recent decline in price and significant net outflow of funds, indicating potential investor concerns [1] - As of October 16, Ternary's stock price was 8.49 CNY per share, with a market capitalization of 7.503 billion CNY [1] - Year-to-date, Ternary's stock has increased by 21.30%, but it has seen a decline of 2.64% in the last five trading days and 9.29% in the last twenty days [1] Group 2 - Ternary Holdings Group Co., Ltd. was established on January 11, 1999, and listed on October 30, 2009, with its main business segments being outdoor products and semiconductor chips [2] - The revenue composition of Ternary includes outdoor clothing (63.31%), chip business (17.13%), outdoor footwear (13.29%), outdoor equipment (3.71%), and other services (2.56%) [2] - As of June 30, Ternary had 58,000 shareholders, an increase of 31.04% from the previous period, with an average of 15,220 circulating shares per shareholder, a decrease of 23.69% [2] Group 3 - Ternary has distributed a total of 5.09 billion CNY in dividends since its A-share listing, with cumulative distributions of 30.42 million CNY over the past three years [3]

Group 1 - On October 14, the company Tuanluozi executed a block trade of 1 million shares, with a transaction amount of 8.57 million yuan, accounting for 4.85% of the total transaction volume for the day [1] - The transaction price was 8.57 yuan, which was consistent with the market closing price of 8.57 yuan [1] - The buyer of the block trade was an institutional investor, while the seller was a trading unit of China Merchants Securities [2]

Core Insights - The event "Corporate Internationalization ESG Best Practices" was held during the Osaka World Expo, recognizing the contributions of companies in sustainable development [1] - Toread Group received the "Corporate Internationalization ESG Best Practice Case" award for its commitment to ESG principles and its innovative "nano-fiber eco-friendly double-permeable membrane" technology [1] - This recognition highlights Toread Group's role as a model for integrating public welfare, technology, and industry within China's outdoor sector [1] Group 1 - The award signifies high recognition of Toread Group's long-term dedication to implementing ESG concepts [1] - Toread Group actively engages in environmental protection through its research, products, and brand initiatives, positioning itself as a guardian in the technology and ecology sectors [1] - The company aims to create commercial value while contributing positively to social welfare and environmental protection, promoting a more international and sustainable ecosystem [1]

Core Viewpoint - The outdoor brand "探路者" (Trekking) has significantly lost its market presence and relevance in the outdoor industry, despite being a pioneer in introducing outdoor concepts to Chinese consumers. The brand's shift towards technology and diversification has led to a decline in its core outdoor business, resulting in a drastic drop in revenue and market share. Group 1: Historical Context and Market Position - "探路者" was once a leading brand in the Chinese outdoor market, achieving a market share of 14.5% in 2012, surpassing international brands like The North Face and Columbia [6] - The brand's peak revenue reached 38.08 billion yuan in 2015, with a net profit of 2.63 billion yuan, and a market capitalization of approximately 250 billion yuan [12] - In contrast, its outdoor revenue has plummeted to less than 40% of its former glory, with a current market capitalization of about 77 billion yuan, reflecting a 70% decline from its peak [13] Group 2: Business Strategy and Diversification - After 2015, "探路者" shifted its focus from outdoor products to a broader "outdoor + travel + sports" strategy, which included significant investments in travel services and tourism projects [15][16] - This diversification led to a lack of focus on its core outdoor business, resulting in a decline in product quality and brand strength [18][20] - The company's venture into the travel sector proved unprofitable, with losses exceeding 20 million yuan from its travel service company [17] Group 3: Financial Performance and Market Trends - The company's revenue fell by 24% in 2016, and it reported its first loss in 2017, amounting to 1.15 billion yuan, with losses continuing to grow in subsequent years [22] - The COVID-19 pandemic further exacerbated its financial troubles, leading to a 39.64% drop in revenue in 2020 [25] - In 2024, "探路者" reported outdoor revenue of 6.53 billion yuan, down nearly 8%, while its net profit plummeted over 76% to approximately 20 million yuan [3] Group 4: Shift in Management and Future Direction - The management underwent a significant change when the company was acquired by a new investor, leading to a focus on technology and chip development, which has become a growing revenue stream [30] - In 2024, the outdoor business accounted for 86% of revenue, but it is in decline, while the chip business, although only 14% of revenue, has seen a growth rate of 66.56% [30] - Analysts express skepticism about the company's ability to succeed in both outdoor and technology sectors simultaneously, as they lack synergy and require focused investment [30]

Company Overview - Tsinghua Tongfang Co., Ltd. is located in Beijing and was established on January 11, 1999, with its listing date on October 30, 2009. The company operates in two main business segments: outdoor products and semiconductor chips, which belong to the outdoor goods industry and semiconductor industry respectively [1] - The revenue composition of Tsinghua Tongfang includes outdoor clothing (63.31%), chip business (17.13%), outdoor footwear (13.29%), outdoor equipment (3.71%), and other service businesses (2.56%) [1] Stock Performance - As of October 9, Tsinghua Tongfang's stock price decreased by 2.04%, trading at 8.64 CNY per share, with a total market capitalization of 7.635 billion CNY [1] - Year-to-date, the stock price has increased by 23.45%, but it has seen a decline of 5.47% over the last five trading days and 7.59% over the last twenty days [1] - The company has appeared on the "Dragon and Tiger List" once this year, with the most recent occurrence on April 30, where it recorded a net purchase of 115 million CNY [1] Financial Performance - For the first half of 2025, Tsinghua Tongfang reported a revenue of 653 million CNY, representing a year-on-year decrease of 7.82%. The net profit attributable to shareholders was 20.09 million CNY, down 76.50% year-on-year [2] - The company has distributed a total of 509 million CNY in dividends since its A-share listing, with 30.42 million CNY distributed over the last three years [3] Shareholder Information - As of June 30, Tsinghua Tongfang had 58,000 shareholders, an increase of 31.04% from the previous period. The average number of circulating shares per shareholder was 15,220, a decrease of 23.69% [2] Industry Classification - Tsinghua Tongfang is classified under the textile and apparel industry, specifically in the sportswear segment. It is associated with concepts such as new retail, ice and snow industry, outdoor camping, sports industry, and football concepts [2]