Core Insights - The apparel and home textile sector experienced a rise of 1.38% on October 21, with Zhongyin Fashion leading the gains [1] - The Shanghai Composite Index closed at 3916.33, up 1.36%, while the Shenzhen Component Index closed at 13077.32, up 2.06% [1] Sector Performance - Zhongyin Fashion (300901) closed at 17.48, with a significant increase of 11.20% and a trading volume of 122,000 shares, resulting in a transaction value of 209 million yuan [1] - Tianchuang Fashion (603608) saw a rise of 9.96%, closing at 8.72 with a trading volume of 292,300 shares [1] - Hason Co., Ltd. (603958) increased by 6.98%, closing at 16.85 with a trading volume of 101,600 shares [1] - Other notable performers include Gelisi (603808) up 5.35%, Langsha Co. (600137) up 5.21%, and Longtou Co. (600630) up 5.00% [1] Capital Flow - The apparel and home textile sector saw a net outflow of 177 million yuan from main funds, while retail investors contributed a net inflow of 260 million yuan [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing while retail investors increased their positions [2]

证券代码：300952 证券简称：恒辉安防 公告编号：2025-139 1、会议召开时间：2025年10月27日（星期一）15:30-16:30 江苏恒辉安防集团股份有限公司 2、会议召开方式：网络互动方式 关于举办 2025 年第三季度业绩说明会的公告 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。 3、会议召开地点：价值在线（www.ir-online.cn） 重要内容提示： 4 、 会 议 问 题 征 集 ： 投 资 者 可 于 2025 年 10 月 27 日 前 访 问 网 址 https://eseb.cn/1swxfc6UZvG 或使用微信扫描下方小程序码进行会前提问，公 司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行 回答。 江苏恒辉安防集团股份有限公司（以下简称"公司"）拟于2025年10月23 日在中国证监会指定的创业板信息披露网站巨潮资讯网上披露公司《2025年第三 季度报告》。为便于广大投资者更加全面深入地了解公司财务状况、经营成果、 发展战略等情况，公司拟定于2025年10月27日（星期一）15:30-16:3 ...

Market Overview - The apparel and home textile sector declined by 0.54% on October 16, with Henghui Security leading the decline [1] - The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25% [1] Top Performers - Seven Wolves (002029) saw a closing price of 9.37, with an increase of 4.81% and a trading volume of 740,200 shares, amounting to a transaction value of 694 million [1] - Bangjie Co. (002634) closed at 5.23, up 3.77%, with a trading volume of 255,000 shares and a transaction value of 133 million [1] - Anzheng Fashion (603839) closed at 10.03, up 2.77%, with a trading volume of 266,200 shares and a transaction value of 262 million [1] Underperformers - Henghui Security (300952) experienced a significant drop of 7.54%, closing at 34.82, with a trading volume of 137,500 shares and a transaction value of 488 million [2] - Zhongju Fashion (300901) fell by 3.96%, closing at 15.75, with a trading volume of 50,300 shares and a transaction value of 80.38 million [2] - Jin Hong Group (603518) decreased by 3.94%, closing at 9.74, with a trading volume of 211,900 shares and a transaction value of 209 million [2] Capital Flow - The apparel and home textile sector saw a net outflow of 228 million from institutional investors, while retail investors had a net inflow of 135 million [2][3] - The top net inflows from retail investors included Seven Wolves (002029) with 39.52 million and Haian Home (600398) with 25.36 million [3] - Conversely, Henghui Security (300952) had a net outflow of 64,320 from retail investors [3]

Core Points - The company Henghui Security (stock code: 300952) held its 19th meeting of the third board of directors on October 15, 2025, where several important proposals were approved [1] - The company plans to use a total of no more than 130 million yuan of idle raised funds and no more than 200 million yuan of self-owned funds for cash management, ensuring that it does not affect the construction of fundraising investment projects and normal operations [1] - The cash management limits will be shared by the company and its subsidiaries, with a validity period of 12 months from the expiration of the previous authorization for cash management [1] - The voting results for the proposal were 9 votes in favor, 0 against, and 0 abstentions, and the sponsor institution issued a non-objection verification opinion on this proposal [1]

Group 1 - The company Henghui Security announced that its 19th meeting of the third board of directors will be held on October 15, 2025, combining in-person and remote voting methods [1] - The meeting will review proposals including the use of part of the idle raised funds and self-owned funds for cash management [1] Group 2 - There is a significant opportunity in the silver rental market, with annualized interest rates soaring to 35% [1] - A large volume of silver is being airlifted to the UK for profit, indicating a major short squeeze in the market [1]

一、董事会会议召开情况 江苏恒辉安防集团股份有限公司（以下简称"公司"）于 2025 年 10 月 10 日以书面送达、电话、电子邮件等方式向全体董事发出关于召开第三届董事会第 十九次会议（以下简称"会议"）的通知，会议通知中包括会议的相关资料，同 时列明会议的召开时间、地点、内容和方式。会议于 2025 年 10 月 15 日在公司 会议室以现场会议及通讯表决相结合的方式召开，由董事长王咸华先生召集并主 持。会议应出席董事 9 名，实际出席董事 9 名。公司高级管理人员列席了本次会 议。本次会议的召开符合《公司法》等法律法规和《公司章程》的有关规定。 二、董事会会议审议情况 （一）审议通过《关于公司及子公司使用部分闲置募集资金及自有资金进 行现金管理的议案》 公司在确保不影响募集资金投资项目建设和正常经营的情况下，拟使用总额 不超过 13,000.00 万元（含本数）的闲置募集资金和总额不超过 20,000.00 万元 （含本数）的自有资金进行现金管理，前述现金管理额度由公司及子公司共享， 使用期限自前次募集资金及自有资金现金管理的授权到期之日起 12 个月内有效。 在上述额度及期限内，资金可以循环滚动使用 ...

证券代码：300952 证券简称：恒辉安防 公告编号：2025-138 江苏恒辉安防集团股份有限公司 关于公司及子公司使用部分闲置募集资金及自有资 金进行现金管理的公告 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。 江苏恒辉安防集团股份有限公司（以下简称"公司"）于 2025 年 10 月 15 日召开第三届董事会第十九次会议，审议通过了《关于公司及子公司使用部分闲 置募集资金及自有资金进行现金管理的议案》，在确保不影响募集资金投资项目 建设和正常经营的情况下，拟使用总额不超过 33,000.00 万元（含本数）闲置资 金进行现金管理，其中，拟使用 13,000.00 万元（含本数）的闲置募集资金，适 当购买安全性高、流动性好的保本型现金管理产品，投资渠道包括但不限于商业 银行、证券公司等金融机构；拟使用总额不超过 20,000.00 万元（含本数）的自 有资金，投资于安全性高、流动性好的理财产品、金融结构性存款或者固定收益 类型的金融产品等，投资渠道包括但不限于商业银行、证券公司等金融机构。投 资管理期限自前次募集资金及自有资金现金管理的授权到期之日起 1 ...

核查意见 华泰联合证券有限责任公司 关于江苏恒辉安防集团股份有限公司及子公司使用部分闲 置募集资金及自有资金进行现金管理的核查意见 公司已依照《上市公司监管指引第 2 号——上市公司募集资金管理和使用的 监管要求》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上市公司 规范运作》等有关规定，对募集资金采取了专户存储管理，并已与保荐人、存放 募集资金的银行签署了《募集资金三方监管协议》。 1 核查意见 二、募集资金投资项目情况及调整情况 华泰联合证券有限责任公司（以下简称"华泰联合证券"或"保荐人"）作 为江苏恒辉安防集团股份有限公司（以下简称"恒辉安防"或"公司"）向不特 定对象发行可转换公司债券并在创业板上市持续督导阶段的保荐人，根据《证券 发行上市保荐业务管理办法》《上市公司监管指引第 2 号——上市公司募集资金 管理和使用的监管要求》及《深圳证券交易所上市公司自律监管指引第 2 号—— 创业板上市公司规范运作》等有关规定，对恒辉安防使用部分闲置募集资金及自 有资金进行现金管理进行了核查，核查情况及核查意见如下： 一、募集资金基本情况 根据中国证券监督管理委员会《关于同意江苏恒辉安防股份有限公司 ...

Market Overview - The apparel and home textile sector increased by 1.77% compared to the previous trading day, with Henghui Security leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Top Gainers in Apparel and Home Textile Sector - Henghui Security (300952) closed at 37.66, up 11.82%, with a trading volume of 211,800 shares and a transaction value of 773 million [1] - Yangzhou Jinqiao (603307) closed at 45.06, up 10.01%, with a trading volume of 49,000 shares and a transaction value of 217 million [1] - Zhenyaomeijia (003041) closed at 24.95, up 10.01%, with a trading volume of 37,900 shares and a transaction value of 93.51 million [1] - Other notable gainers include Shuihan Home Textiles (603365) up 9.41%, Anner (002875) up 8.19%, and Ribos Fashion (603196) up 6.44% [1] Market Capital Flow - The apparel and home textile sector saw a net inflow of 71.92 million from institutional investors, while retail investors contributed a net inflow of 82.86 million [2] - However, there was a net outflow of 155 million from speculative funds [2] Individual Stock Capital Flow - Henghui Security had a net inflow of 68.63 million from institutional investors, while it experienced a net outflow of 33.84 million from speculative funds [3] - Other stocks like Baoxiniang (002154) and Anzheng Fashion (603839) also saw significant net inflows from institutional investors [3] - Conversely, stocks like Haian Home (600398) experienced a notable net outflow from speculative funds [3]

Core Viewpoint - The A-share market is experiencing a surge in robotics concept stocks, driven by supportive government policies aimed at enhancing the robotics industry in Shanghai [1] Group 1: Stock Performance - Bohai Automotive, Zhongjian Technology, and Yuanda Intelligent have reached the daily limit increase, while Wuzhou Xinchun and Henghui Security have risen over 8% [1] - Changying Precision, Sanhua Intelligent Control, Xin Clean Energy, and Zhenyu Technology have increased by more than 7% [1] Group 2: Government Policy - The Shanghai Municipal Economic and Information Commission has issued the "Shanghai Intelligent Terminal Industry High-Quality Development Action Plan (2026-2027)" [1] - The plan emphasizes strengthening robotic terminal capabilities and supports the research and mass production of humanoid robot products [1] - It aims to accelerate the industrialization breakthroughs of core components such as edge-side chips, dexterous hands, and batteries [1]