Group 1 - The core point of the news is that the shareholder Shenzhen Jiaqiao Fukai Equity Investment Enterprise (Limited Partnership) plans to reduce its holdings in Jiama Clothing by up to 365,960 shares, which represents no more than 0.28238% of the company's total share capital [1] - The reduction will occur through centralized bidding transactions within three months starting from September 5, 2025, following the announcement of the reduction plan [1] - As of the announcement date, Shenzhen Jiaqiao holds 365,960 shares, all of which were issued prior to the company's initial public offering [1] Group 2 - Jiama Clothing was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on September 9, 2022, with an initial public offering of 27 million shares at a price of 40.66 yuan per share [1] - On its first day of trading, Jiama Clothing reached a maximum price of 38.00 yuan, marking the highest price since its listing [2] - The total amount raised from the initial public offering was 109.782 million yuan, with a net amount of 99.45856 million yuan after deducting issuance costs, which was 47.35056 million yuan more than originally planned [2]

Group 1 - The core point of the article is that the shareholder Shenzhen Jiaqiao plans to reduce its stake in Jiama Clothing by selling up to 365,960 shares, which represents 0.28238% of the company's total share capital [2] - The reduction will be executed through centralized bidding and is scheduled to take place within three months starting from September 5, 2025, to December 4, 2025 [2] - The reason for the share reduction is stated as the shareholder's personal funding needs [2]

Group 1 - Zhonglun New Materials plans to reduce its shareholding by up to 4 million shares, accounting for 1% of the total share capital [1] - Haojiang Intelligent plans to reduce its shareholding by up to 1.5 million shares, accounting for 0.8364% of the total share capital [1] - Dekeli plans to reduce its shareholding by up to 474,180 shares, accounting for 3% of the total share capital [1][2] Group 2 - Fosun Pharma's subsidiary has received FDA approval for its HLX14 injection, intended for treating osteoporosis in postmenopausal women [3][4] - Shengtai Group plans to reduce its shareholding by up to 16.67 million shares, accounting for 3% of the total share capital [5] - Fangyuan Co. plans to reduce its shareholding by up to 15.3 million shares, accounting for 3% of the total share capital [6] Group 3 - Shenkai Co. completed a tender offer, resulting in 14.5655 million shares being accepted, giving the acquirer a 9.71% stake [8] - Guangdong Construction's 90MW solar-storage project in Tibet has achieved full capacity grid connection [9] - Kesi Technology plans to reduce its shareholding by up to 471,220 shares, accounting for 3% of the total share capital [9] Group 4 - Zhongtai Automobile's subsidiary faces forced execution, impacting its operational capacity [10] - Weima Agricultural Machinery plans to reduce its shareholding by up to 960,000 shares, accounting for 0.98% of the total share capital [10] - Tianqi Co. signed a strategic cooperation agreement with EVE Energy to enhance the lithium battery supply chain [11] Group 5 - Sudavige plans to acquire up to 51% of Changzhou Weipu Semiconductor Equipment Co. for a total valuation of up to 1 billion yuan [12] - Dengyun Co. plans to transfer 75% of its subsidiary's equity for 137 million yuan [13] - Sierte has received a notice of investigation from the China Securities Regulatory Commission for suspected information disclosure violations [14] Group 6 - Enjie Co. received a VAT refund of 188 million yuan for its subsidiary [15] - Jiama Clothing plans to reduce its shareholding by up to 366,000 shares, accounting for 0.28238% of the total share capital [16] - Xinong Co. plans to reduce its shareholding by up to 1.05 million shares, accounting for 0.6737% of the total share capital [17] Group 7 - Jiewate plans to jointly acquire 66.25% of Xinguang Haian for a total price of 418 million yuan [18] - Hubei Energy reported an increase in power generation by 22.05% year-on-year in August, with a total of 5.020 billion kWh generated [19][20] - Nasda signed a strategic cooperation agreement with Teld for collaboration in market and product innovation [21] Group 8 - Jinli Technology plans to reduce its shareholding by up to 978,200 shares, accounting for 0.56% of the total share capital [22][23]

Summary of Key Points Core Viewpoint - On September 1, Guizhou Moutai disclosed an increase in shareholding, while 18 A-share listed companies announced share reductions by their shareholders [1][3]. Group 1: Guizhou Moutai - The controlling shareholder of Guizhou Moutai increased their holdings by 67,800 shares [3]. Group 2: Share Reduction Announcements - Jinli Technology: Shareholder Wang Gangjuan plans to reduce holdings by up to 978,200 shares [3]. - New Agricultural Shares: Shareholder Dai Jingu intends to reduce holdings by up to 1,050,000 shares [3]. - Weima Agricultural Machinery: Chongqing Baoxia plans to reduce holdings by up to 0.98% of the company [3]. - Jiaman Apparel: Shareholder Shenzhen Jiaqiao plans to reduce holdings by up to 0.28238% [3]. - Fangyuan Shares: Shareholder Wuzhong Yuanding plans to reduce holdings by up to 3% [3]. - Kesi Technology: Liang Hongjian intends to reduce holdings by up to 3% [3]. - Shengtai Group: Itochu Asia plans to reduce holdings by up to 3% [3]. - Tenglong Shares: Jiang Yilin reduced holdings by 250,000 shares on August 28 [3]. - Haojiang Intelligent: Shareholder Nanjing Fuhua plans to reduce holdings by up to 1,500,000 shares [3]. - Dekeli: Shareholders holding over 5% plan to reduce holdings by up to 2.9957% [3]. - Yaxiang Integration: Shareholder plans to reduce holdings by up to 0.54% [3]. - Zhonglun New Materials: Shareholder plans to reduce holdings by up to 1% of total share capital [3]. - Juhualong: Shareholder Dongtai Juhua Ying plans to reduce holdings by up to 1% [3]. - Yidamo: Shareholder Qingyuan China plans to reduce holdings by up to 1% [3]. - Zhongtie Dingye: Shareholder Zhongyuan Equity commits not to reduce holdings within 36 months [3]. - Jinghua Laser: Directors and senior management plan to reduce holdings by up to 1,434,200 shares [3]. - Haotaitai: Shareholder Hou Pengde plans to reduce holdings by up to 0.8698% [3]. - Longqi Technology: Shareholder Suzhou Shunwei plans to reduce holdings by up to 4.09% [3].

Core Viewpoint - The shareholder Shenzhen Jiaqiao Fukai Equity Investment Enterprise (Limited Partnership) plans to reduce its stake in Jiama Clothing by up to 366,000 shares, representing no more than 0.28% of the company's total share capital [1] Summary by Relevant Categories Shareholder Actions - Shenzhen Jiaqiao intends to sell a maximum of 366,000 shares through centralized bidding [1] Company Ownership - The reduction in shares will account for 0.28% of Jiama Clothing's total share capital [1]

Group 1 - The core point of the article is that Jiaman Apparel announced a plan for a shareholder to reduce their stake in the company by selling up to approximately 370,000 shares, which represents about 0.28238% of the total share capital [1] - The shareholder, Shenzhen Jiaqiao Fukai Equity Investment Enterprise, will execute the share reduction through centralized bidding within a specified period from September 5, 2025, to December 4, 2025 [1] - As of the report, Jiaman Apparel has a market capitalization of 2.8 billion yuan [1] Group 2 - 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]

关于公司股东股份减持计划的预披露公告 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。 特别提示： 北京嘉曼服饰股份有限公司（以下简称"公司""嘉曼服饰"）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"）持有 365,960 股的公司 股份（占公司总股本比例 0.28238%），全部为首次公开发行前已发行股份，其 本次计划以集中竞价方式减持本公司股份合计不超过 365,960 股，占公司总股本 比例不超过 0.28238%。上述股东通过集中竞价交易方式减持的，自本减持计划 公告之日起 3 个交易日后的 3 个月内进行（2025 年 9 月 5 日至 2025 年 12 月 4 日）。 如上述减持期间内公司有发生除权、除息事项的，减持股份数量将作相应调 整；如遇公司股票在此期间发生回购注销等股本变动事项的，拟减持股份数量将 相应进行调整，但减持股份占总股本的比例不变。 证券代码：301276 证券简称：嘉曼服饰 公告编号：2025-035 北京嘉 ...

Core Insights - The core viewpoint of the articles highlights the stable revenue growth of Jiama Clothing despite a challenging global economic environment, driven by its diversified brand strategy and significant growth in its Hush Puppies brand [1][2]. Group 1: Financial Performance - Jiama Clothing reported a revenue of 497 million yuan for the first half of 2025, representing a year-on-year increase of 3.51% [1]. - The net profit attributable to shareholders for the same period was 64.05 million yuan [1]. - The Hush Puppies brand's revenue reached 114 million yuan, showing a substantial year-on-year growth of 752.45%, becoming a key growth driver for the company [1]. Group 2: Sales Channels and Strategy - Jiama Clothing has established a diversified sales network that combines online and offline channels, with a total of 511 physical stores as of June 30, 2025, including 155 direct-operated stores and 356 franchised stores [2]. - Online sales generated 266 million yuan, accounting for 53.47% of total revenue, with flagship stores on platforms like Vipshop, Tmall, Douyin, JD.com, and Pinduoduo [2]. - The company plans to enhance its multi-brand matrix and expand its product categories in men's and women's clothing, aiming to penetrate new markets and diversify its consumer base [2].

Core Insights - The company reported a total revenue of 497 million yuan for the first half of 2025, representing a year-on-year increase of 3.51%, while the net profit attributable to shareholders decreased by 30.65% to 64.05 million yuan [1] - The second quarter revenue was 202 million yuan, up 4.69% year-on-year, but the net profit dropped significantly by 50.39% to 19.44 million yuan [1] - Inventory levels increased significantly, with a year-on-year growth of 42.98% [1] Financial Performance - Gross margin improved to 65.34%, an increase of 4.25% year-on-year, while net margin decreased to 12.88%, down 33.00% [1] - Total operating expenses (sales, management, and financial expenses) amounted to 249 million yuan, accounting for 50.04% of revenue, which is a 17.93% increase year-on-year [1] - Earnings per share (EPS) fell to 0.49 yuan, a decrease of 31.94% compared to the previous year [1] Cash Flow and Assets - The company reported a significant increase in cash assets, with monetary funds rising by 376.14% to 502 million yuan [1] - Accounts receivable increased by 69.46% to 35.39 million yuan, indicating potential liquidity concerns [1] - The company’s net asset value per share decreased by 14.26% to 16.05 yuan [1] Investment Metrics - The company's return on invested capital (ROIC) for the previous year was 7.92%, indicating average capital returns [3] - Historical data shows a median ROIC of 16.04% since the company’s listing, suggesting generally good investment returns [3] - Analysts expect the company’s performance in 2025 to reach 150 million yuan, with an average EPS forecast of 1.39 yuan [3]

Core Viewpoint - The report highlights the financial performance and strategic initiatives of Jiama Clothing Co., Ltd. for the first half of 2025, indicating a mixed performance with revenue growth but a significant decline in net profit [2][3]. Financial Performance - Jiama Clothing achieved a revenue of 497 million yuan in the first half of 2025, representing a year-on-year increase of 3.51% [2]. - The net profit attributable to shareholders was 64.05 million yuan, showing a year-on-year decrease of 30.65% [2]. Business Development - The company has been actively expanding its multi-brand matrix and product categories, with the launch of the "Hush Puppies" brand for both men's and women's clothing in mid-2024, which generated a revenue of 114 million yuan in the first half of 2025, a substantial increase of 752.45% year-on-year [2]. - As of June 30, 2025, Jiama Clothing operated 511 offline stores, including 155 direct-operated and 356 franchised stores, with 9 new direct-operated stores opened and 69 stores (30 direct and 39 franchised) closed during the reporting period [2]. Online Sales - The company continued to collaborate with major e-commerce platforms such as Vipshop, Tmall, Douyin, and JD.com, achieving online revenue of approximately 265.89 million yuan, which constituted a significant portion of total revenue [2]. R&D and Brand Operations - Jiama Clothing emphasizes independent research and design, with its own brands "Shuihai'er" and "Hush Puppies," as well as the licensed brand "Haggis," focusing on a semi-annual cycle for product design and development [3]. - The company has increased brand promotion efforts through collaborations with celebrities and influencers, as well as various online and offline marketing activities [3]. Financial Stability - As of June 30, 2025, Jiama Clothing's total assets were 2.529 billion yuan, a decrease of 2.72% from the previous year, while the net assets attributable to shareholders were 2.080 billion yuan, down 0.65% [3]. - The company adjusted its fundraising projects, reallocating 105.01 million yuan from the "Marketing System Construction Project" to the "Marketing System Construction and Upgrade Project," and terminated the "Enterprise Management Informationization Project," reallocating 23.34 million yuan to supplement working capital [3].