Core Viewpoint - Jiumuwang's stock reached a limit-up closing price of 15.22 yuan on November 18, driven by brand enhancement, strong earnings growth, and strategic transformations [1] Group 1: Stock Performance - The stock hit the limit-up at 9:25 AM and did not open again, with closing order funds amounting to 96.14 million yuan, representing 1.1% of its market capitalization [1] Group 2: Factors Driving Stock Surge - Brand momentum increased as the company upgraded to become the official sponsor of the Chinese Olympic Committee for 2025-2028 [1] - Significant earnings growth was reported, with net profit attributable to shareholders increasing by 129.63% year-on-year in the first three quarters [1] - The company maintained its leading position in the men's pants market for 25 consecutive years and participated in the formulation of several national standards [1] - The Direct-to-Consumer (DTC) strategic transformation showed results, with revenue from direct sales channels growing by 15.71% [1] - The activation of the apparel sector was enhanced by the combination of the Fujian Free Trade Zone and cross-strait concepts [1]