轻工制造&纺织服饰行业周报：短期户外活动热度高，关注“以旧换新”深化推进

Investment Rating - The report maintains a "Positive" rating for the light industry manufacturing and textile apparel sectors, with a "Buy" rating for Oppein Home and "Add" ratings for Sophia, Haotaitai, and Toread [11][37]. Core Insights - The Finnish KaiCell's 600,000-ton chemical pulp plant is expected to restart construction, following the legal validation of its environmental permit [15]. - The "New Chinese Style" apparel market has reached a scale of 1 billion yuan, with related product transaction growth exceeding 100% over the past three years [16]. - Domestic tourism spending during the Qingming Festival reached 53.95 billion yuan, a 12.7% increase compared to the same period in 2019, indicating a strong recovery in consumer spending [11][36]. Industry News - The KaiCell project in Finland has received legal backing for its environmental permit, paving the way for financing and construction [15]. - The "New Chinese Style" apparel market is experiencing significant growth, with a market size of 1 billion yuan and a surge in online search interest [16]. Company Announcements - Songlin Technology reported a projected net profit increase of 135.66% to 181.42% year-on-year for Q1 2024, with expected profits between 103 million and 123 million yuan [31]. - Seven Wolves announced a 79.30% increase in net profit for 2023, driven by a strategic focus on men's outerwear [31]. Market Performance - From April 1 to April 3, the light industry manufacturing sector outperformed the CSI 300 index by 2.05 percentage points, with a weekly increase of 2.91% [10][32]. - The textile and apparel sector also outperformed the CSI 300 index by 1.75 percentage points, with a weekly increase of 2.61% [34]. Strategy Overview - The report highlights the potential for increased demand in outdoor products due to rising temperatures and upcoming holidays, supported by government policies promoting equipment upgrades and consumer exchanges [11][37].