股价两连板！七匹狼回应：未投资摩尔线程和宇树科技

Core Viewpoint - Qipai Wolf (002029.SZ) has experienced a consecutive two-day limit-up in stock price, reaching 9.35 CNY per share, amid clarifications regarding its indirect investments in Moer Thread and Yushu Technology [1] Group 1: Company Investments - Qipai Wolf clarified that it has not directly invested in Moer Thread and Yushu Technology, but its parent company holds partial equity in these firms [1] - The investments made by Qipai Wolf's parent company are classified as financial investments at the controlling shareholder level and are not directly related to the company's main business operations [1] Group 2: Financial Performance - In the 2025 semi-annual report, Qipai Wolf reported a revenue of 1.375 billion CNY, a year-on-year decrease of 5.93%, and a net profit attributable to shareholders of 160 million CNY, down 13.93% [2] - The net profit, excluding non-recurring gains and losses, significantly dropped by 61.35% to 29.1 million CNY [2] - The company generated a fair value change gain of 97.4 million CNY from financial products and stock investments, along with government subsidies of 26.66 million CNY, contributing a total profit of 131 million CNY [2] - Operating cash flow turned negative with a net outflow of 22.59 million CNY during the reporting period [2] Group 3: Business Focus - Qipai Wolf continues to focus on its main business of designing, producing, and selling "Qipai Wolf" brand men's clothing and textile products, maintaining a business model that combines direct sales and franchising [2] - The company employs an omnichannel sales strategy, integrating both online and offline platforms [2]