（文章来源：证券日报） 证券日报网讯 1月12日，开润股份在互动平台回答投资者提问时表示，根据中国证券登记结算有限公司 深圳分公司提供数据，截至2026年1月9日，公司股东总人数为8002户。 ...

Core Viewpoint - The announcement indicates that the wholly-owned subsidiary of the company, Chuzhou Mirun Technology Co., Ltd., has completed the payment for the transfer of shares, enhancing the company's strategic collaboration and resource integration [1] Group 1: Transaction Details - Chuzhou Mirun Technology Co., Ltd. paid a total transfer price of RMB 336 million to Jiuan Investment and RMB 58.1286 million to Hongzhifan Investment [1] - The payment for the entire transfer price has been completed as per the agreement, and all other delivery conditions have also been fulfilled [1] Group 2: Strategic Implications - The transaction allows the company to enhance overall strategic synergy and resource integration [1] - It aims to improve operational and decision-making efficiency, reduce management costs, and optimize the allocation of the company's overall resources [1] - This move aligns with the company's long-term development strategy [1]

关于全资子公司 收购上海嘉乐股份有限公司 28.1520%股份完成交割的公告 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。 证券代码：300577 证券简称：开润股份 公告编号：2026-003 安徽开润股份有限公司 三、备查文件 1、滁州米润向玖安投资支付全部转让价款的付款凭证； 2、滁州米润向弘之帆投资支付全部转让价款的付款凭证。 特此公告。 安徽开润股份有限公司 董事会 一、交易概述 2025年12月29日，安徽开润股份有限公司（以下简称"公司"）召开第四届 董事会第三十五次会议审议通过《关于全资子公司收购上海嘉乐股份有限公司 28.1520%股份的议案》。公司全资子公司滁州米润科技有限公司（以下简称"滁 州米润""受让方"）拟以自有资金或自筹资金人民币33,600万元收购泰安玖安投 资服务合伙企业（有限合伙）（以下简称"玖安投资"）持有的上海嘉乐股份有限 公司（以下简称"上海嘉乐""嘉乐股份""标的公司"）24%股份；拟以自有资 金或自筹资金人民币5,812.86万元收购嘉兴弘之帆股权投资合伙企业（有限合伙 ）（以下简称"弘之帆投资"）持有的上海嘉乐 ...

安徽开润股份有限公司 关于 2023 年限制性股票激励计划第二个归属期归属结果 暨股份上市的公告 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。 重要内容提示 1、 本次归属股票的过户日：2026 年 1 月 9 日（星期五） 2、 本次归属的激励对象人数：1 人 证券代码：300577 证券简称：开润股份 公告编号：2026-004 3、 本次归属的限制股票数量：58,218 股，占归属前公司总股本的比例为 0.02% 4、 本次限制性股票授予价格：7.75 元/股 5、 本次归属的限制性股票来源：从二级市场回购的本公司人民币 A 股普通 股股票 6、 本次归属的限制性股票不设限售期，激励对象为董事、高级管理人员的 按照相关规定执行 安徽开润股份有限公司（以下简称"公司""本公司"）于 2025 年 8 月 27 日召开第四届董事会第二十八次会议、第四届监事会第十八次会议审议通过了 《关于 2023 年限制性股票激励计划第二个归属期归属条件成就的议案》。近日， 公司办理了 2023 年限制性股票激励计划第二个归属期股份登记工作，现将有关 事项公告如下： 一、 ...

Group 1 - The core point of the article is that KaiRun Co., Ltd. has disclosed the total number of its shareholders, which is 7,665 as of December 31, 2025 [2] Group 2 - The data regarding the number of shareholders was provided by the Shenzhen branch of China Securities Depository and Clearing Co., Ltd. [2]

证券代码：300577 证券简称：开润股份 公告编号：2026-002 安徽开润股份有限公司 关于对外担保的进展公告 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。 特别风险提示： 安徽开润股份有限公司（以下简称"公司""本公司"）及控股子公司提供担保 余额为 260,396.90 万元，占公司最近一期经审计净资产的比例为 121.58%，敬请 投资者充分关注担保风险。 一、担保情况概述 公司于 2025 年 12 月 5 日召开第四届董事会第三十四次会议，并于 2025 年 12 月 22 日召开 2025 年第三次临时股东会，审议通过了《关于对外担保额度预 计的议案》，预计公司及控股子公司为子公司提供担保的总额度为人民币 467,100 万元（含等值外币）。含公司为子公司提供担保的总额度为人民币 460,000 万元， 及控股子公司为子公司提供担保的总额度为人民币 7,100 万元。具体内容详见 2025 年 12 月 6 日于巨潮资讯网 www.cninfo.com.cn 披露的《关于对外担保额度 预计的公告》（2025-117）。 目前，预计公司及控股 ...

证券代码：300577 证券简称：开润股份 公告编号：2026-001 安徽开润股份有限公司 关于 2022 年限制性股票激励计划第二个归属期归属结果 暨股份上市的公告 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。 重要内容提示 1、 本次归属股票的过户日：2025 年 12 月 30 日（星期二） 2、 本次归属的激励对象人数：1 人 3、 本次归属的限制股票数量：98,039 股，占归属前公司总股本的比例为 0.04% 4、 本次限制性股票归属价格：6.98 元/股 5、 本次归属的限制性股票来源：从二级市场回购的本公司人民币 A 股普通 股股票 6、 本次归属的限制性股票不设限售期，激励对象为董事、高级管理人员的 按照相关规定执行 安徽开润股份有限公司（以下简称"公司""本公司"）于 2025 年 6 月 9 日召开第四届董事会二十五次会议、第四届监事会第十七次会议审议通过了《关 于 2022 年限制性股票激励计划第二个归属期归属条件成就的议案》。近日，公 司办理了 2022 年限制性股票激励计划第二个归属期股份登记工作，现将有关事 项公告如下： 一、 ...

Group 1 - The core point of the news is that KaiRun Co., Ltd. experienced a stock decline of 1.11% on December 31, with a share price of 21.37 yuan and a total market value of 5.125 billion yuan [1] - KaiRun Co., Ltd. was established on November 13, 2009, and listed on December 21, 2016, with its main business involving the research, design, production, and sales of leisure bags, travel cases, business bags, clothing, and related accessories [1] - The revenue composition of KaiRun Co., Ltd. is as follows: bags account for 54.69%, clothing 27.97%, travel cases 16.31%, and others 1.03% [1] Group 2 - According to data from the top ten holdings of funds, one fund under Xinda Australia has a significant position in KaiRun Co., Ltd., specifically the XinAo Consumer Preferred Mixed A Fund (610007), which held 45,100 shares, representing 4.69% of the fund's net value [2] - The XinAo Consumer Preferred Mixed A Fund (610007) has a current scale of 21.3361 million yuan and has experienced a loss of 2.58% this year, ranking 7956 out of 8085 in its category [2] - The fund manager, Liu Weihua, has been in position for 4 years and 325 days, with the fund's best return during this period being 1.02% and the worst return being -44.96% [2]

Investment Rating - The report rates the textile and apparel industry as "Positive" [1] Core Insights - The textile and apparel sector has underperformed the market, with a year-to-date increase of 12%, lagging behind the CSI 300 index by 4.1 percentage points, ranking 18th among 31 first-level industries [4][10] - The apparel and home textile segment has seen an 11.3% increase, while the textile manufacturing segment rose by 9.6%, and the accessories segment outperformed with a 17.4% increase [4][10] - The report highlights a potential recovery in demand for textile manufacturing due to stable domestic consumption and a resilient export market, particularly in the U.S. [4][19] - The sleep economy is expanding rapidly, driven by increasing health awareness and consumer spending on sleep-related products [4][63] - The gold and jewelry sector faces short-term demand suppression due to rising gold prices, but consumer spending on gold jewelry remains strong [4][63] Summary by Sections Market Overview - The textile and apparel sector has a TTM price-to-earnings ratio of 27.48, above the historical average since January 2020 [4][14] - The apparel and home textile segment has a TTM P/E ratio of 29.07, while the textile manufacturing segment stands at 23.9, and the accessories segment at 30.27, all above historical averages [4][14] Textile Manufacturing - Raw material prices are at historical lows, with cotton and synthetic fiber prices declining, while Australian wool prices have recently increased [4][19] - Domestic retail sales are showing steady growth, with apparel sales experiencing a slight recovery [4][30] - Export performance is affected by fluctuating tariffs and weak external demand, with a 4.4% year-on-year decline in apparel exports from January to November [4][43] Apparel and Home Textiles - The sleep economy is projected to grow significantly, with the market size expected to exceed 500 billion yuan in 2024, driven by increased consumer awareness and spending on sleep health products [4][66] - The outdoor sports market is also expanding, with a trend towards specialization and segmentation, supported by rising consumer income levels [4][63] Gold and Jewelry - Gold prices have surged over 50% this year, temporarily suppressing demand for gold jewelry, but overall consumer budgets for gold jewelry are increasing [4][63] - The report notes that consumer preferences are shifting towards lighter and more innovative gold products, with a focus on craftsmanship and cultural connections [4][63] Investment Strategy - The report recommends investing in leading companies with strong barriers in production capacity, technology, and customer relationships within the textile manufacturing sector, such as Shenzhou International and Huayi Group [4][63] - For the apparel and home textile sector, it suggests focusing on high-growth segments related to the sleep economy and outdoor sports [4][63]

华西证券研报指出，开润股份收购嘉乐剩余少数股权，贡献业绩增厚。此次收购股权完成后，穿透持股 比例从81.4%提升至100%，收购PE约15X，该行测算收购嘉乐剩余少数股权有望增厚26年利润约2700 万。短期来看，收购嘉乐少数股权有望增厚业绩；中期来看，2B箱包代工和嘉乐均仍有净利率提升空 间，2C端运营主导权的变化带来盈利提升空间。综合考虑近期海外需求放缓及嘉乐股权收购，调整盈 利预测，维持"买入"评级。 ...