Group 1: E-commerce Development - The company has been developing online channels for over ten years, with a presence on major platforms like Tmall, JD.com, and Douyin. Online shopping has become a daily and frequent consumption method for consumers, and e-commerce consumption is gradually returning to rationality [3] - The company plans to maintain consistent pricing for online and offline channels, which is expected to be a future trend for mid-to-high-end brands [3] Group 2: Offline Store Strategy - The company is continuously optimizing and expanding offline channels, focusing on high-traffic shopping centers and department stores while closing underperforming stores [3] - There is an emphasis on enhancing the store image and display, with a focus on developing quality direct-operated channels for men's and women's clothing and adult footwear [3] Group 3: Product Development and Brand Strategy - The company aims to upgrade its children's clothing brands and enhance product and service offerings to provide consumers with new wearing experiences [3] - For the HushPuppies brand, the focus will be on classic casual styles, with product design and quality being fundamental for long-term brand development [3][4] Group 4: Design and Development Consistency - The company has extensive design development experience and a skilled team, ensuring that product designs align with brand DNA and consumer preferences [4] - The design process involves market analysis and cross-departmental reviews to ensure that products meet brand core values [4] Group 5: Inventory Management and Technology - The company employs a digital-first approach to inventory management, supplemented by manual checks, and is exploring AI technologies to enhance efficiency [4] - Future plans include continuous adaptation to new technologies to improve overall operational efficiency [4] Group 6: Cross-border E-commerce and Marketing - Currently, the company has no cross-border e-commerce operations but is monitoring overseas market conditions for potential future expansion [4] - The company plans to maintain stable sales expenses in the short term while gradually increasing marketing investments in the medium to long term to enhance brand recognition [4]

证券代码：301276 证券简称：嘉曼服饰 公告编号：2025-048 北京嘉曼服饰股份有限公司 2025年第三次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1、本次股东会不存在否决议案的情形。 2、本次股东会不涉及变更以往股东会已通过的决议。 一、会议召开情况 1、召开时间：2025年12月8日下午15:00 2、召开地点：北京市石景山区古城西街26号院1号楼18层 3、召开方式：本次股东会采用现场投票与网络投票表决相结合的方式召开 4、召集人：北京嘉曼服饰股份有限公司董事会 5、主持人：鉴于董事长曹胜奎先生因工作原因不能现场出席本次会议，由副董 事长刘溦作为本次股东会的主持人。 6、本次会议的召集、召开程序符合《中华人民共和国公司法》《上市公司股东 会规则》《深圳证券交易所创业板股票上市规则》等有关法律、行政法规、规范性文 件和《北京嘉曼服饰股份有限公司章程》的有关规定。 二、会议出席情况 （一）股东出席的总体情况 通过现场和网络投票的股东76人，代表股份83,895,504股，占公司有表决权股 份总数的64.7342% ...

北京市天元律师事务所 致：北京嘉曼服饰股份有限公司 北京嘉曼服饰股份有限公司（以下简称"公司"）2025 年第三次临时股东会 （以下简称"本次股东会"）采取现场投票与网络投票相结合的方式，现场会议于 2025 年 12 月 8 日在北京市石景山区古城西街 26 号院 1 号楼 18 层会议室召开。北 京市天元律师事务所（以下简称"本所"）接受公司聘任，指派本所律师参加本次 股东会现场会议，并根据《中华人民共和国公司法》《中华人民共和国证券法》（以 下简称"《证券法》"）、《上市公司股东会规则》（以下简称"《股东会规则》"） 以及《北京嘉曼服饰股份有限公司章程》（以下简称"《公司章程》"）等有关规 定，就本次股东会的召集、召开程序、出席现场会议人员的资格、召集人资格、会 议表决程序及表决结果等事项出具本法律意见。 为出具本法律意见，本所律师审查了《北京嘉曼服饰股份有限公司第四届董事 会第十一次会议决议公告》《北京嘉曼服饰股份有限公司关于召开 2025 年第三次 临时股东会的通知》（以下简称"《召开股东会通知》"）以及本所律师认为必要的 其他文件和资料，同时审查了出席现场会议股东的身份和资格、见证了本次股东会 的 ...

嘉曼服饰首次公开发行股票募集资金总额为109,782.00万元，扣除发行费用（不含税）后募集资金 净额为99,458.56万元。嘉曼服饰最终募集资金净额比原计划多47,350.56万元。嘉曼服饰于2022年9月5日 发布的招股说明书显示，该公司拟募集资金52,108.00万元，分别用于营销体系建设项目、电商运营中心 建设项目、企业管理信息化项目、补充流动资金。 中国经济网北京12月5日讯 嘉曼服饰(301276.SZ)今日收报22.35元，跌幅2.66%，总市值 28.97亿 元。目前该股处于破发状态。 嘉曼服饰于2022年9月9日在深交所创业板上市，公开公开发行股票2,700万股，发行价格为40.66元/ 股，保荐机构（主承销商）为东兴证券股份有限公司，保荐代表人为姚浩杰、张仕兵。 上市首日，嘉曼服饰盘中最高价报38.00元，创上市以来最高价。 2025年5月22日，公司公告以每10股转增2股并税前派息7.2元，股权登记日2025年5月28日，除权除 息日2025年5月29日。 (责任编辑：魏京婷) 嘉曼服饰首次公开发行股票的发行费用共计103,234,368.96元，东兴证券股份有限公司获得保荐、 承销费 ...

证券代码：301276 证券简称：嘉曼服饰 公告编号：2025-047 北京嘉曼服饰股份有限公司 关于特定股东减持计划实施完成的公告 公司股东深圳市架桥富凯股权投资企业（有限合伙）保证向本公司提供的信 息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 北京嘉曼服饰股份有限公司（以下简称"公司"）于2025年9月1日在巨潮资讯 网（www.cninfo.com.cn）上披露了《北京嘉曼服饰股份有限公司关于公司股东股 份减持计划的预披露公告》（公告编号：2025-035），合计持有365,960股公司股 份（占预披露公告披露日的公司总股本比例0.28238%）的股东深圳市架桥富凯股 权投资企业（有限合伙）（以下简称"深圳架桥"）计划自减持计划公告之日起3 个交易日之后3个月内以集中竞价交易方式合计减持公司股份数量365,960股，占 预披露公告披露日公司总股本的0.28238%。 近日公司收到深圳架桥的《减持结果告知函》，截至本公告披露日，本次减 持计划已经完成，具体减持情况如下： | 股份性质 | | 本次减持前持有股份 | | 本 ...

Sales Performance - The sales situation for the fourth quarter is better than expected, with competitive performance in the autumn and winter product lines [2] - The adult shoe category under Hush Puppies has started self-operation, contributing additional sales revenue, although its current sales proportion remains low [2] Future Planning - The company plans to focus on classic casual styles for Hush Puppies' adult clothing and will continue to optimize products around family and vacation leisure scenarios [2][3] - Hush Puppies' adult shoe business will expand through independent stores and quality channels, despite its current small sales proportion [3] Channel Strategy - The company is optimizing offline channels by opening stores in high-traffic shopping centers and closing underperforming locations [3] - Future development will emphasize direct sales channels for adult clothing and shoes, while also supporting franchise expansion [3] Team Structure - The company has established independent teams for men's and women's clothing and shoes, with the adult shoe team still in the early stages of development [3] Pricing and Discounts - Sales discounts for various brands will remain stable, with slight adjustments based on market conditions and promotional strategies [3] Design and Collaboration - Most products are designed by in-house teams, with some collaborations with well-known designers or design teams [3] Dividend Policy - The company aims to maintain a stable dividend ratio, with potential increases as profitability improves and without significant capital expenditures [4]

Core Viewpoint - The company, Jiama Clothing, has raised nearly 1 billion yuan in funds since its listing on the ChiNext board over two years ago, but has failed to invest the funds as promised in physical projects, instead using over half for permanent liquidity supplementation, raising concerns about regulatory compliance and financial integrity [1][2]. Fundraising and Usage - Jiama Clothing raised a net amount of 999.5 million yuan during its IPO, with 474 million yuan classified as over-raised funds, intended primarily for four key projects [3]. - The company has engaged in five liquidity supplementation operations, utilizing a total of 528 million yuan of over-raised funds, which constitutes 58% of the net IPO funds [4][3]. - The company has repeatedly justified its liquidity supplementation by claiming to enhance operational efficiency and profitability, adhering to regulatory limits of not exceeding 30% of over-raised funds within a twelve-month period [3][4]. Project Status - The company has largely halted its promised physical projects, with significant changes and terminations in its fundraising plans, including the complete cessation of the enterprise management information project and the marketing system project [6][7]. - As of September 2024, all three core projects have seen no fund allocation, with the marketing system project being redefined but still underutilized [7][8]. Financial Health - Despite frequent liquidity supplementation, Jiama Clothing has maintained positive cash flow from operations, with net cash flow of 162 million yuan in 2023 and 135 million yuan in 2024, indicating a strong self-sustaining ability [5]. - The company reported a cash balance of 621 million yuan and 554 million yuan in trading financial assets as of September 30, 2025, with a low debt ratio of 19% [5]. Regulatory Environment - The company faces increasing scrutiny from regulatory bodies due to its liquidity supplementation practices, especially following the implementation of new regulations prohibiting the use of over-raised funds for permanent liquidity supplementation [10][11]. - The recent proposal to supplement liquidity with 53.51 million yuan has been interpreted as an attempt to exploit the regulatory environment before stricter rules take effect [10][11]. Market Perception - Investors are concerned about the company's long-term viability, given the significant amount of idle funds and the lack of transparency regarding the returns from a recent acquisition of the Hush Puppies brand IP for approximately 420 million yuan [10][11]. - The company's net profit has declined by 34.99% year-on-year in the first three quarters of the year, marking the second consecutive year of profit decline [10].

Core Viewpoint - Beijing Jiama Clothing Co., Ltd. announced the approval of using excess raised funds to permanently supplement working capital, aiming to optimize the company's financial structure and improve fund utilization efficiency [1][3]. Group 1: Board Meeting Overview - The board meeting was held on November 18, 2025, with all 7 directors present, including independent directors participating via remote voting [2]. - The meeting was chaired by Chairman Cao Shengkui, and the procedures complied with relevant regulations [2]. Group 2: Key Proposal on Fund Utilization - The board approved the proposal to use 53.506 million yuan of excess raised funds to permanently supplement working capital, with unanimous support from all directors [3]. - This fund utilization plan adheres to regulatory requirements and has received a special verification opinion from the sponsor, Dongxing Securities [3]. Group 3: Temporary Shareholders' Meeting Arrangement - A temporary shareholders' meeting is scheduled for December 8, 2025, to review the proposal regarding the use of excess raised funds [4]. - The proposal for the shareholders' meeting also received unanimous approval from the board [4]. - Market analysts believe that using excess funds to supplement working capital will enhance cash flow management and reduce financial costs, providing robust support for future business development [4].

Company Overview - Jiaman Apparel (SZ 301276) announced on November 19 that its fourth board meeting was held on November 18, 2025, to discuss the proposal for using excess raised funds to permanently supplement working capital [1] - As of the report, Jiaman Apparel has a market capitalization of 2.9 billion yuan [1] Revenue Composition - For the first half of 2025, Jiaman Apparel's revenue composition is as follows: children's clothing accounts for 75.95%, men's and women's clothing accounts for 22.87%, and other businesses account for 1.18% [1]

二、募集资金使用计划情况 根据公司《首次公开发行股票并在创业板上市招股说明书》披露的募集资 金用途，公司本次募投项目及募集资金净额使用计划如下： 东兴证券股份有限公司 关于北京嘉曼服饰股份有限公司 拟使用超募资金永久补充流动资金的核查意见 东兴证券股份有限公司（以下简称"保荐机构"或"东兴证券"）作为北 京嘉曼服饰股份有限公司（以下简称"嘉曼服饰"或"公司"）首次公开发行 股票并在创业板上市的保荐机构，根据《证券发行上市保荐业务管理办法》《上 市公司募集资金监管规则》《深圳证券交易所创业板股票上市规则》《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》等相关规 定，对嘉曼服饰拟使用超募资金永久补充流动资金的事项进行了审慎核查，核 查情况如下： 一、募集资金基本情况 经中国证券监督管理委员会于 2022 年 5 月 27 日作出的《关于同意北京嘉 曼服饰股份有限公司首次公开发行股票注册的批复》（证监许可[2022]1103 号） 核准，公司首次公开发行人民币普通股（A 股）股票 2,700 万股，发行价格 40.66 元/股，募集金额人民币 109,782.00 万元，扣除发行费用后实 ...