Core Insights - The company held a performance briefing on September 12, 2025, to discuss product development, market expansion, and IP collaborations with investors [1] Product Development and Market Feedback - In the first half of the year, the company launched the Fenghua 2.0 series, Jiaoyu series, and Weilan series, targeting both Eastern fashion and modern aesthetics. Future plans include focusing on the young consumer demographic with a light luxury positioning and multi-scenario products. The company aims to enhance its competitive edge through "innovative craftsmanship + cultural heritage" by integrating non-heritage craftsmanship and cultural trends [1] - The Fenghua and Jiaoyu series, along with collaborations with IPs like Deshou Palace, have successfully reached younger audiences and increased brand value [1] Store Expansion and Market Layout - The company is in a national development phase, with expectations to open more stores in the second half of the year compared to the first half. The strategy involves opening direct stores in core urban areas and franchising in other locations, with a focus on shopping centers and provinces outside the current market [2] IP Collaboration and Brand Strategy - IP collaboration is a long-term strategy for the company, which will select suitable IPs based on brand positioning and product strategy to broaden its target consumer base and enhance brand recognition and quality. The brand aims to showcase unique charm through fashionable and personalized original designs, with the slogan "Everyday Highlights," focusing on daily wear and self-satisfaction needs. New product series are set to be launched in the third and fourth quarters [3] Other Key Points - The company plans to implement its first interim dividend, proposing a cash dividend of 0.6 yuan (including tax) for every 10 shares based on a total share capital of 262,071,629 shares, pending approval from the shareholders' meeting [4] - To mitigate risks associated with fluctuations in gold prices, the company is accelerating inventory turnover [4] - Investors are advised to pay attention to the company's regular reports and publicly disclosed information regarding the operational situation in the second half of the year and the third quarter [4]

Group 1: Product Development and Market Strategy - The company launched the Fenghua 2.0 series and other product lines, significantly increasing the proportion of R&D products [2] - The focus is on young consumers, with a strategy to integrate traditional craftsmanship and cultural trends to enhance product differentiation [2] - Collaborations with IPs like "Daomu Biji" and others have helped reach younger demographics and enhance brand value [2] Group 2: Financial Performance and Market Position - The company's total market value is reported at 5.9 billion yuan, which is significantly lower than competitors despite better fundamentals [3] - The company plans to implement its first interim dividend, proposing a cash dividend of 0.6 yuan per share based on a total share capital of 262,071,629 shares [4] Group 3: Expansion Plans - The company is in a nationwide expansion phase, expecting to exceed the number of new stores opened in the first half of the year during the second half [3] - The strategy includes opening stores in key urban areas and shopping centers, with a focus on both direct and franchise models [3] Group 4: Risk Management and Market Conditions - Fluctuations in gold prices impact revenue and costs; the company mitigates risks by speeding up inventory turnover and adjusting production based on sales [4] - The company emphasizes adherence to information disclosure regulations, ensuring no significant undisclosed information was leaked during investor interactions [4]

Market Overview - The jewelry sector increased by 0.38% on September 12, with Mankalon leading the gains [1] - The Shanghai Composite Index closed at 3883.69, up 0.22%, while the Shenzhen Component Index closed at 12996.38, up 0.13% [1] Key Performers - Mankalon (300945) closed at 22.82, up 4.49% with a trading volume of 284,900 shares and a transaction value of 6.42 billion [1] - Other notable performers include: - Deep China A (000017) at 7.27, up 1.96% [1] - Cai Zhi Co. (665509) at 14.69, up 1.94% [1] - Ying Xitong Ling (603900) at 11.58, up 1.14% [1] - China Gold (600916) at 8.68, up 1.05% [1] Fund Flow Analysis - The jewelry sector saw a net inflow of 93.53 million from institutional investors, while retail investors experienced a net outflow of 27.79 million [2] - Mankalon had a net outflow of 43.11 million from institutional investors, indicating a shift in investment sentiment [3] - Deep China A experienced a net inflow of 23.93 million from institutional investors, suggesting strong interest [3] Summary of Individual Stocks - Mankalon: - Closing Price: 22.82, Change: +4.49%, Net Institutional Inflow: -43.11 million [1][3] - Deep China A: - Closing Price: 7.27, Change: +1.96%, Net Institutional Inflow: 23.93 million [1][3] - China Gold: - Closing Price: 8.68, Change: +1.05%, Net Institutional Inflow: 736.78 million [3]

Market Overview - The jewelry sector experienced a decline of 0.93% on September 11, with Mankalon leading the drop [1] - The Shanghai Composite Index closed at 3875.31, up 1.65%, while the Shenzhen Component Index closed at 12979.89, up 3.36% [1] Individual Stock Performance - Mankalon (300945) saw a significant drop of 4.29%, closing at 21.84 with a trading volume of 334,200 shares and a transaction value of 723 million [2] - Other notable declines include: - Laizitongling (603900) down 3.21% to 11.45 - Xinghua Jewelry (002731) down 2.50% to 13.64 - Diya Co. (301177) down 2.15% to 37.29 [2] Capital Flow Analysis - The jewelry sector experienced a net outflow of 245 million from institutional investors, while retail investors saw a net inflow of 274 million [2][3] - The detailed capital flow for selected stocks shows: - Rebecca (600439) had a net outflow of 1.07 million from institutional investors [3] - Zhou Dazheng (002867) faced a net outflow of 1.21 million from institutional investors but a net inflow of 679.56 million from retail investors [3] - Mingpai Jewelry (002574) had a net outflow of 691.96 million from institutional investors but a net inflow of 696.10 million from retail investors [3]

证券代码：300945 证券简称：曼卡龙 公告编号：2025-057 曼卡龙珠宝股份有限公司 关于使用部分闲置募集资金进行现金管理的进展公告 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。 曼卡龙珠宝股份有限公司（以下简称"公司"）2025 年 4 月 24 日召开了第 六届董事会第三次会议、第六届监事会第二次会议，并于 2025 年 5 月 23 日召开 了 2024 年年度股东大会，审议通过了《关于使用部分闲置募集资金和自有资金 进行现金管理并以通知存款、协定存款方式存放余额的议案》，为提高公司闲置 募集资金和自有资金使用效率，增加公司现金资产收益，实现股东利益最大化， 在保证日常经营运作资金需求、有效控制投资风险的情况下，公司使用不超过 65,000 万元（含本数）闲置募集资金购买安全性高、流动性好的银行、证券公司 或信托公司等金融机构发行的低风险现金管理类产品（包括但不限于定期存单、 结构性存款、协议存款和理财产品等），并将闲置募集资金的存款余额以通知存 款、协定存款方式存放，期限为不超过自公司股东大会审议通过之日起 12 个月， 具体内容详见披露于巨 ...

证券代码：300945 证券简称：曼卡龙 公告编号：2025-056 曼卡龙珠宝股份有限公司 关于上月直营门店新增情况的公告 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。 根据《深圳证券交易所上市公司自律监管指引第 3 号——行业信息披露》的 要求，曼卡龙珠宝股份有限公司（以下简称"公司"）现将上月直营门店新增情 况公告如下： | 序 | 门店名称 | 所在地区 | | 开设时间 | | | 投资金额 | 主要商品类别 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 号 | | | | | | | （万元） | | | 1 | 西安西咸万象城店 | 陕西省 | 2025 | 年 | 8 月 | 1 日 | 309.43 | 素金饰品、镶 嵌饰品 | | 2 | 南京雨花万象天地店 | 江苏省 | 2025 | 年 8 | 月 | 15 日 | 368.53 | 素金饰品、镶 | | | | | | | | | | 嵌饰品 | | 3 | 沈阳三台子万象汇店 | 辽宁省 | 2025 | ...

证券代码：300945 证券简称：曼卡龙 公告编号：2025-059 出席本次业绩说明会的人员有：公司董事长兼总经理孙松鹤先生、董事兼副 总经理吴长峰先生、董事兼财务总监付杰女士、副总经理兼董事会秘书许恬女士、 公司独立董事及公司保荐代表人（如有特殊情况，参与人员相应调整）。 为充分尊重投资者、提升交流的针对性，现就公司 2025 年半年度网上业绩 说明会提前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2025 年 9 月 12 日（星期五）下午 15:30 前访问 https://ir.p5w.net/zj/，或扫描下方 二维码，进入问题征集专题页面。公司将在业绩说明会上对投资者普遍关注的问 题进行回答。 欢迎广大投资者积极参与本次网上说明会。 特此公告。 曼卡龙珠宝股份有限公司董事会 曼卡龙珠宝股份有限公司 关于举行 2025 年半年度网上业绩说明会的公告 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。 曼卡龙珠宝股份有限公司（以下简称"公司"）定于 2025 年 9 月 12 日（星 期五）下午 15:30-16:30 在全景网举办 2 ...

证券代码：300945 证券简称：曼卡龙 公告编号：2025-058 曼卡龙珠宝股份有限公司 关于使用部分闲置自有资金进行现金管理的进展公告 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。 曼卡龙珠宝股份有限公司（以下简称"公司"）2025 年 4 月 24 日召开了第 六届董事会第三次会议、第六届监事会第二次会议，并于 2025 年 5 月 23 日召开 了 2024 年年度股东大会，审议通过了《关于使用部分闲置募集资金和自有资金 进行现金管理并以通知存款、协定存款方式存放余额的议案》，为提高公司闲置 募集资金和自有资金使用效率，增加公司现金资产收益，实现股东利益最大化， 在保证日常经营运作资金需求、有效控制投资风险的情况下，公司（含下属公司） 使用不超过 70,000 万元（含本数）闲置自有资金购买安全性高、流动性好的银 行、证券公司或信托公司等金融机构发行的低风险现金管理类产品（包括但不限 于定期存单、结构性存款、协议存款和理财产品等），并将闲置自有资金的存款 余额以通知存款、协定存款方式存放，期限为不超过自公司股东大会审议通过之 日起 12 个月，具体 ...

相较于2024年低点，曼卡龙股价最大涨幅达到367%！股价大涨后，公司股东人数也创下近两年新高。 同花顺数据显示，2023年12月31日，曼卡龙的股东人数约为1.46万户，到了2025年6月30日，其股东人 数增长至约2.97万户。与此同时，2024年曼卡龙业绩也创下历史新高。如果没有意外，2025年公司业绩 有望继续创新高。 线上收入增长是曼卡龙2025年上半年业绩增长的主要动力。曼卡龙通过快手、淘系等渠道的深度合作， 全面提升线上销售规模。2025年上半年，公司电商（线上业务）营业收入约8.68亿元，较去年同期增长 30.00%，线上收入占营业收入的55.83%，较去年同期提高1.39个百分点。从线上销售明细来看，曼卡龙 在快手平台的收入增长喜人，从2024年上半年的约470万元增长至2025年上半年的3.94亿元，增幅高达 约83倍！ 全文请见：业绩创新高！珠宝商曼卡龙股价最大涨幅超3倍，控股股东已套现超7000万元 上周末，浙江省内较为强势的珠宝品牌曼卡龙发布控股股东减持进度的公告。2025年9月3日至2025年9 月4日期间，公司控股股东累计减持比例达1.29%。在2025年8月29日发布2025年 ...

每经记者｜章光日 每经编辑｜吴永久 上周末，浙江省内较为强势的珠宝品牌曼卡龙发布控股股东减持进度的公告。2025年9月3日至2025年9月4日期间，公司控股股东累计减持比 例达1.29%。在2025年8月29日发布2025年半年报之后，曼卡龙股价持续上涨，而控股股东的减持刚好发生在这波拉升行情期间。 相较于2024年低点，曼卡龙股价最大涨幅达到367%！股价大涨后，公司股东人数也创下近两年新高。与此同时，2024年曼卡龙业绩也创下历 史新高。如果没有意外，2025年公司业绩有望继续创新高。曼卡龙业绩增长的原因是什么？股东人数又为何持续上升？接下来每经资本眼专 栏记者就来详细探究一番。 曼卡龙是一家集珠宝首饰创意、销售、品牌管理为一体的珠宝首饰零售连锁企业，主营业务收入主要来源于素金饰品及镶嵌饰品。作为中国 珠宝行业的区域性强势品牌之一，公司核心战略目标是从区域性品牌建设为全国性品牌，并致力于成为中国数字化珠宝品牌领域的领跑者。 2024年曼卡龙营业收入和净利润皆创历史新高。2024年，公司实现营业收入23.57亿元，较2023年同期增长22.55%；实现净利润9612.51万元， 同比增长20.02%。根据曼 ...