天眼查App显示，近日，保定润皓箱包有限公司成立，法定代表人为吴微，注册资本10万人民币，经营 范围为一般项目：箱包制造;箱包销售;互联网销售（除销售需要许可的商品）;厨具卫具及日用杂品批 发;日用家电零售;日用杂品销售;日用品销售;五金产品批发;五金产品零售;服装服饰批发;服装服饰零售; 服装辅料销售;鞋帽批发;鞋帽零售;皮革销售;玩具销售;母婴用品销售;办公设备销售;办公用品销售（除依 法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，中山市百格司科技有限公司成立，注册资本5万人民币，经营范围为一般项 目：技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广；箱包制造；服装制造；日用杂 品制造；金属制日用品制造；互联网销售（除销售需要许可的商品）；服装服饰零售；箱包销售；户外 用品销售；食用农产品零售；农副产品销售；日用百货销售；国内贸易代理；贸易经纪；信息系统集成 服务；信息咨询服务（不含许可类信息咨询服务）。 ...

Core Viewpoint - The report from Tianfeng Securities indicates that Kairun Co., Ltd. experienced a decline in net profit attributable to shareholders in the first half of 2025, while its non-recurring net profit showed growth, highlighting a mixed financial performance driven by different business segments [1] Financial Performance - The company's net profit attributable to shareholders for the first half of 2025 was 187 million, a decrease of 25% year-on-year [1] - The non-recurring net profit attributable to shareholders was 181 million, reflecting a year-on-year increase of 14% [1] Business Segments - The contract manufacturing segment generated revenue of 2.1 billion, marking a year-on-year growth of 37% [1] - The luggage manufacturing business achieved revenue of 1.4 billion, with a year-on-year increase of 13%, indicating stable growth [1] - The apparel manufacturing segment saw revenue of 700 million, which represents a significant year-on-year growth of 148%, demonstrating the effective implementation of the strategy to develop a second growth curve through fabric and garment integration [1] Profitability and Efficiency - The gross margin of the contract manufacturing business increased by 1 percentage point year-on-year, attributed to continuous optimization of product structure and improvements in production efficiency [1] - The apparel business's gross margin saw significant enhancement due to ongoing management strengthening and integration efforts [1] Global Expansion and Supply Chain Management - The company has established a global production base in regions such as Indonesia, China, and India, which are advantageous in terms of labor costs and tariff policies, while also having high potential for end-consumer demand [1] - Kairun Co., Ltd. is deepening its supply chain management by forming stable partnerships with renowned suppliers like Covestro, DuPont, Toray, YKK, and Segway, creating core competitive advantages through a "deep product supply chain + cross-border operations" model [1] Investment Outlook - The company has adjusted its profit forecast and maintains a "buy" rating, indicating a positive outlook for future performance [1]

天眼查App显示，近日，保定卯祥箱包有限公司成立，法定代表人为苟莉莎，注册资本30万人民币，经 营范围为一般项目：箱包制造;玩具制造;箱包销售;皮革销售;皮革制品销售;塑料制品销售;橡胶制品销售; 五金产品零售;针纺织品销售;针纺织品及原料销售;海绵制品销售;互联网销售（除销售需要许可的商 品）;服装服饰零售;鞋帽零售;母婴用品销售;珠宝首饰零售;化妆品零售;玩具销售;日用品销售;日用杂品 销售;办公用品销售;文具用品零售;日用木制品销售;纸制品销售;户外用品销售;劳动保护用品销售;家居用 品销售;汽车装饰用品销售;日用口罩（非医用）销售;家具零配件销售;厨具卫具及日用杂品零售;照明器 具销售;卫生洁具销售;棉、麻销售;染料销售;颜料销售;金属材料销售（除依法须经批准的项目外，凭营 业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，羽袋（保定）箱包制造有限公司成立，法定代表人为王潇阳，注册资本50万人 民币，经营范围为一般项目：箱包制造;箱包销售;互联网销售（除销售需要许可的商品）;汽车装饰用品 销售;日用木制品销售;玩具销售;日用杂品销售;五金产品零售;保温材料销售;皮革制品销售;塑料制品销 售;针纺织品销售;服装辅料销售;缝制机械销售;货物进出口;旧货销售;网络设备销售;信息技术咨询服务 （除依法须经批准的项目外，凭营业执照依法自主开展经营活动）。 ...

天眼查App显示，近日，邯郸市悦万佳箱包有限公司成立，法定代表人为郅奇，注册资本10万人民币， 经营范围为一般项目：箱包制造;箱包销售;互联网销售（除销售需要许可的商品）;产业用纺织制成品销 售;箱包修理服务;技术服务、技术开发、技术咨询、技术交流、技术转让、技术推广;新材料技术推广服 务;货物进出口;技术进出口;日用产品修理（除依法须经批准的项目外，凭营业执照依法自主开展经营活 动）。 ...

Company Overview - Dongguan Chengtai Bag Co., Ltd. has been established with a registered capital of 500,000 RMB [1] - The legal representative of the company is Zhou Liqiong [1] Business Scope - The company engages in various manufacturing and sales activities, including bag manufacturing, home textile products, toy manufacturing, leather products, and clothing [1] - Additional business activities include the wholesale and retail of sports equipment, agricultural products, electronic products, and stationery [1] - The company is authorized to operate independently within the scope of its business license, excluding projects that require approval [1]

天眼查App显示，近日，高碑店市新城梓沐箱包厂（个体工商户）成立，法定代表人为路彬，注册资本 1万人民币，经营范围为一般项目：箱包制造；箱包销售；互联网销售（除销售需要许可的商品）；鞋 帽零售；服装服饰批发；皮革制品销售；体育用品及器材零售；针纺织品销售（除依法须经批准的项目 外，凭营业执照依法自主开展经营活动）。 ...

转自：北京日报客户端 新华社石家庄9月10日电随手拎个包、随手拉个箱子是现代人出行必不可少的物件。许多人不知道的 是，你随身携带的这些箱包，有许多是产自我国河北省保定市一个叫白沟的小镇。 白沟在箱包界的名声，就如同时装之于巴黎、电影之于好莱坞，这里是全球名副其实的"箱包之都"。每 天通过20多种语言向海内外客户介绍产品，每月设计推出新版型1000余款，每年要卖出8亿只箱包…… 今天的白沟镇（现为白沟新城），拥有箱包生产销售经营主体3.5万余家，已形成联动周边13个省份、 从业人员超300万人、年产值超过400亿元的箱包产业集群，箱包占国内市场近三成，产品销往全球195 个国家和地区。 20世纪70年代末，许多白沟人为北京、天津的自行车企业缝制自行车座套，积累了丰富的缝制工艺。改 革开放后，这些手艺人发现手提包、拉杆箱有着巨大的市场潜力，便纷纷改行做起箱包。 城箱包交易中心，前来选购的顾客络绎不绝。新华社记者 王昆 摄 在白沟新 就这样，一人带一户，一户带一村，越来越多的白沟人"缝"起了箱包。最初的箱包主要以满足基本的实 用功能为主，款式单一，种类有限。常见的有粗布缝制的书包和军绿色帆布材质的旅行包。 家庭小作 ...

Group 1 - The company reported a revenue of 2.427 billion in H1 2025, representing a year-on-year growth of 32.53%, while the net profit attributable to shareholders was 187 million, a decrease of 24.77% due to the impact of investment income from the acquisition of Jiale in H1 2024 [1] - The operational net profit growth rate, excluding the aforementioned impact, was 23.28%, with a non-recurring net profit of 181 million, an increase of 13.98% year-on-year [1] - In Q2 2025, the company achieved a revenue of 1.194 billion, a year-on-year increase of 29.54%, while the net profit attributable to shareholders was 101 million, a decrease of 42.78% [1] Group 2 - The bag manufacturing business generated a revenue of 1.419 billion in H1 2025, reflecting a year-on-year growth of 13.03%, supported by a core strategy targeting major clients [1] - The company’s production capacity for bags reached 22.0733 million units, a year-on-year increase of 3.55%, with a capacity utilization rate of 93.39%, up 2.15 percentage points [1] - The company has established a global supply chain advantage with clients including Nike, ADIDAS, Uniqlo, and others, with approximately 71% of production capacity located overseas, mainly in Indonesia and India [1] Group 3 - The apparel manufacturing segment reported a revenue of 678 million, a significant year-on-year increase of 148.25%, indicating effective implementation of the vertical integration strategy [2] - The subsidiary Shanghai Jiale achieved a revenue of 685 million in H1 2025, with a net profit margin of 5.08%, an increase of 1.8 percentage points year-on-year [2] - The company’s clothing production capacity was 30.0143 million units, with a utilization rate of 50.73%, and approximately 80% of production capacity located overseas, primarily in Indonesia [2] Group 4 - The brand management business generated a revenue of 311 million in H1 2025, a year-on-year increase of 8.87%, with distribution channel revenue from Xiaomi reaching 250 million, up 28.28% [2] - The self-owned brand "90 Points" has optimized its online channel operations, with online sales revenue of approximately 55.486 million, while also expanding into offline channels [2] Group 5 - The overall gross margin for H1 2025 was 24.66%, an increase of 0.72 percentage points, primarily due to improvements in the gross margin of the OEM business [3] - The company reported a significant increase in operating cash flow, reaching 239 million, a year-on-year growth of 3843%, indicating improved operational quality [3] - Inventory amounted to 861 million, a year-on-year increase of 19.33%, with an inventory turnover period of 85 days, an increase of 6 days year-on-year [3]