轻工制造&纺织服饰行业周报：美联储降息落地，电动两轮车行业迎新政

Investment Rating - The report maintains a "Neutral" rating for the light industry manufacturing and textile apparel sectors, with "Overweight" ratings for specific companies including Oupai Home, Sophia, Haotaitai, Tanshan, and Semir Apparel [42]. Core Insights - The domestic paper pulp industry is expected to add 6.2 million tons of new capacity in 2024, with a significant portion of this capacity being self-used [16]. - Tupperware Brands has filed for bankruptcy protection, indicating challenges in the home goods sector [17]. - The recent Federal Reserve interest rate cut is anticipated to boost capital expenditure among U.S. companies and stimulate demand in various sectors, benefiting export-oriented enterprises [12][42]. - The Ministry of Industry and Information Technology has released a draft for new safety standards for electric bicycles, which is expected to raise industry entry barriers and benefit leading companies [12][42]. Industry News - In 2024, the domestic paper pulp industry is projected to see an increase in capacity by 6.2 million tons, with major players like Liansheng Paper and Jiulong Paper expanding their operations [16]. - Tupperware Brands has announced its bankruptcy, citing a decline in demand for its signature food storage containers [17]. Company Announcements - Gujia Home intends to grant 9.8352 million restricted stock units to 84 core employees as part of its incentive plan [35]. - Mousse Co. has declared a semi-annual dividend of 7.5 yuan per 10 shares, with the record date set for September 26 [35]. Market Review - From September 18 to September 20, the light industry manufacturing sector outperformed the CSI 300 index by 0.40 percentage points, while the textile and apparel sector underperformed by 0.29 percentage points [11][36]. - The top-performing stocks in the light industry included Meili Cloud and Jinghua Laser, while the textile sector saw gains from companies like Meierya and Harsen [39][41].