JOEONE(SH:601566) Cai Jing Wang·2025-11-12 07:37Core Viewpoint - Jiumuwang's stock price surged to 10.4 yuan following the announcement of its upgrade from "Supplier of the Chinese Sports Delegation's Uniforms" to "Official Sponsor of the Chinese Olympic Committee" [1] Group 1: Sponsorship Announcement - Jiumuwang will provide high-quality uniform support for the Chinese Sports Delegation during the four-year cooperation period from 2025 to 2028, which includes major international events such as the 2026 Aichi-Nagoya Asian Games and the 2028 Los Angeles Olympics [1] - The company has been the uniform supplier for the Chinese Sports Delegation since 2018 and has created the opening ceremony uniforms for six consecutive years [1] Group 2: Market Reaction - The stock price increase on November 12 is noted, but Jiumuwang stated that the sponsorship will not have a significant direct impact on the company's performance [1] - The company clarified that the stock price movement is not directly related to the sponsorship announcement [1]