1月12日，遥望科技涨5.06%，截至发稿，报7.48元/股，成交5.75亿元，换手率9.02%，总市值69.98亿 元。遥望科技股价已经连续7天上涨，区间累计涨幅13.38%。 资料显示，广东遥望科技集团股份有限公司位于广东省佛山市南海区桂城街道庆安路2号A幢A101室- A105，成立日期2002年7月25日，上市日期2009年9月3日，公司主营业务涉及多品牌中高端时尚皮鞋的 生产和销售,并批发、零售多元化的时尚产品;以移动互联网精准营销为核心的信息技术服务业务。主营 业务收入构成为：社交电商58.70%，新媒体广告32.33%，服装鞋类4.56%，自营品牌与品牌经销 3.97%，其他0.45%。 从基金十大重仓股角度 数据显示，财通基金旗下1只基金重仓遥望科技。财通均衡一年持有期混合A（013238）三季度持有股 数43.19万股，占基金净值比例为3.35%，位居第九大重仓股。根据测算，今日浮盈赚取约15.55万元。 连续7天上涨期间浮盈赚取36.28万元。 财通均衡一年持有期混合A（013238）成立日期2021年11月24日，最新规模6911.15万。今年以来收益 3.58%，同类排名4189/90 ...

近半年该股累计上榜龙虎榜5次，上榜次日股价平均涨2.09%，上榜后5日平均涨6.74%。 资金流向方面，今日该股主力资金净流出1.32亿元，其中，特大单净流出7431.28万元，大单资金净流出 5757.75万元。近5日主力资金净流出1.94亿元。 2025年10月31日公司发布的三季报数据显示，前三季度公司共实现营业收入7.44亿元，同比下降 7.12%，实现净利润-522.57万元。（数据宝） 天创时尚1月5日交易公开信息 | 买/ | 会员营业部名称 | 买入金额（万 | 卖出金额（万 | | --- | --- | --- | --- | | 卖 | | 元） | 元） | | 买一 | 高盛(中国)证券有限责任公司上海浦东新区世纪大道证券 | 3399.02 | | | | 营业部 | | | | 买二 | 国泰海通证券股份有限公司总部 | 2362.56 | | | 买三 | 招商证券股份有限公司上海浦东新区浦东南路证券营业部 | 1454.48 | | | 买四 | 摩根大通证券(中国)有限公司上海银城中路证券营业部 | 1388.72 | | | 买五 | 甬兴证券有限公司宁波和源路证券营业部 ...

Group 1 - Tianchuang Fashion (603608) experienced a trading halt today with a turnover rate of 2.58% and a transaction amount of 112 million yuan [1] - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of 9.95%, with a net sell of 30.51 million yuan from brokerage seats [1] - The top five brokerage seats accounted for a total transaction of 97.03 million yuan, with a buying amount of 33.26 million yuan and a selling amount of 63.77 million yuan, resulting in a net sell of 30.51 million yuan [1] Group 2 - The largest buying brokerage was Huayin Securities from Zibo, with a purchase amount of 8.60 million yuan, while the largest selling brokerage was GF Securities from Tianjin, with a selling amount of 39.83 million yuan [2] - The stock saw a net outflow of 2.73 million yuan in main funds today, with a significant outflow of 11.92 million yuan from large orders and an inflow of 9.19 million yuan from big orders [1] - Over the past five days, the main funds have experienced a net outflow of 62.30 million yuan [1] Group 3 - The company reported its third-quarter results on October 31, showing a total revenue of 744 million yuan, a year-on-year decrease of 7.12%, and a net profit of -5.23 million yuan [1]

Group 1 - Tianchuang Fashion (603608) experienced a trading halt today with a daily turnover rate of 2.58% and a transaction amount of 112 million yuan [2] - The stock was listed on the Shanghai Stock Exchange due to a daily price deviation of 9.95%, with a net sell of 30.51 million yuan from brokerage seats [2] - The top five brokerage seats accounted for a total transaction of 97.03 million yuan, with a buying amount of 33.26 million yuan and a selling amount of 63.77 million yuan, resulting in a net sell of 30.51 million yuan [2] Group 2 - The main buying brokerage was Huayin Securities with a purchase amount of 8.60 million yuan, while the largest selling brokerage was GF Securities with a selling amount of 39.83 million yuan [2] - The stock saw a net outflow of 2.73 million yuan in main funds today, with a significant single net outflow of 11.92 million yuan and a large single fund inflow of 9.19 million yuan [2] - Over the past five days, the main funds have seen a net outflow of 62.30 million yuan [2] Group 3 - The company reported its third-quarter results on October 31, showing a total revenue of 744 million yuan, a year-on-year decrease of 7.12%, and a net profit of -5.23 million yuan [2]

如今，智能消费场景已从科幻片走进寻常生活，它像一条无形纽带，串联起衣食住行的每个环节。除提 升生活便捷度外，智能消费带来的更多的是生产方式、产业结构乃至社会关系变革，影响力已远超生活 方式范畴。 大多数消费者仅留意到酒水饮料可以订制，比如王老吉搭配多元使用场景推出丰富的订制种类，百威支 持啤酒瓶刻字订制，锐澳鸡尾酒可做易拉罐订制。实际上，越来越多的制造业企业都在拥抱"订制"，不 再仅以规模化生产为核心，因为按预估销量批量生产，很容易让企业最终陷入库存积压或供不应求的尴 尬境地。智能消费的兴起，让"用户直达车间"模式成为主流，不仅减少了资源浪费，更让制造业从粗放 的规模制造向精准化制造升级，为产业发展注入动能。前不久，耐克订制鞋火了一把，让每个消费者都 能体验一把当设计师的瘾。耐克依托服务落地C2M模式，消费者在平台上自主挑选鞋子基础款，自定 义鞋面颜色、材质，还能在鞋舌添加名字等专属标记。订单提交后，智能工厂通过自动化设备精准生 产，既能满足个性化需求，还能保障订单快速交付。 智能消费激活了经济新蓝海，催生了多元新业态，催生了智能家居运维师、智能穿戴设备调试员、AI 生活顾问等一系列新职业。小区王师傅原是家电 ...

Group 1 - The core point of the article is that Yaowang Technology's stock has experienced a decline of 5.09%, with a current price of 8.01 yuan per share and a total market capitalization of 7.494 billion yuan [1] - Yaowang Technology, established on July 25, 2002, and listed on September 3, 2009, is primarily engaged in the production and sales of multi-brand mid-to-high-end fashion footwear, as well as diversified fashion products [1] - The company's main business revenue composition includes: social e-commerce 58.70%, new media advertising 32.33%, clothing and footwear 4.56%, self-owned brands and brand distribution 3.97%, and others 0.45% [1] Group 2 - Among the top circulating shareholders of Yaowang Technology, a fund under Nuoan Fund ranks as a significant stakeholder, holding 2.7025 million shares, which accounts for 0.31% of the circulating shares [2] - The Nuoan Flexible Allocation Mixed Fund (320006) has a current scale of 831 million yuan and has achieved a year-to-date return of 35.11%, ranking 1819 out of 8130 in its category [2] - The fund manager, Liu Xiaofei, has been in charge for 3 years and 17 days, with the fund's total asset scale at 909 million yuan [3]

Core Viewpoint - Recently, Yaowang Technology (002291) disclosed its Q3 2025 report, showing a significant decline in revenue and continued net losses, primarily due to decreased income from new media advertising and the closure of unprofitable IPs and offline stores [1][2][3]. Financial Performance - For the first three quarters, the company achieved total revenue of 2.613 billion yuan, a year-on-year decrease of 34.65% [1][2]. - The net profit attributable to shareholders was a loss of 415 million yuan, compared to a loss of 408 million yuan in the same period last year, indicating a slight increase in losses of 1.57% [1][2]. - The net cash flow from operating activities was -53.64 million yuan, down from 91.71 million yuan in the previous year, reflecting a decline of 158.49% [1][2]. Business Segments - The company's two main business segments faced significant challenges, with internet advertising (accounting for 94.99% of revenue) generating 1.801 billion yuan, down 36.87% year-on-year [3][5]. - The apparel and footwear segment (4.56% of revenue) reported revenue of 86.44 million yuan, a decrease of 26.34% [3][5]. - Social e-commerce revenue, including live streaming, fell by 19.83% to 1.113 billion yuan, contributing nearly 60% of total revenue [4][5]. Strategic Adjustments - The company plans to expand innovative business lines starting in 2024, which has contributed to the current losses, and is taking measures to reform its strategy [5]. - Investments will continue in profitable projects like live e-commerce, while innovative incubation projects will undergo strategic review and adjustment [5]. - The company is in discussions with several quality ODM factories, which may become an important second growth curve [5]. Market Position - As of November 5, the company's stock price was 7.05 yuan per share, with a total market capitalization of 6.596 billion yuan [6].

Core Insights - Bosnia and Herzegovina's inflation rate has reached double the EU average, with a reported rate of 4.2% in September compared to the EU's 2.2% [1] - Significant price increases were noted in the hospitality sector (8.0%) and food and non-alcoholic beverages (7.8%), while clothing and footwear (-7.5%) and transportation (-0.8%) saw price declines [1] - The Eurozone's inflation rate rose from 2% in August to 2.2% in September, marking a five-month high, driven by narrowing energy price declines and rising service prices [1] Economic Analysis - Economists attribute Bosnia's high inflation primarily to domestic policies, including raising the minimum wage without reducing taxes, increasing electricity and public service prices, and a lack of measures to curb inflation and unreasonable price hikes [1] - The heavy reliance on imports due to insufficient support for local production exacerbates the inflation issue in Bosnia [1] - In contrast, the EU maintains controllable inflation through a superior business environment, adequate market competition, and stable fiscal policies [1]

Investment Rating - The investment rating for the company is "Buy" and is maintained [8]. Core Insights - The company reported a 10% year-on-year growth in retail sales for its main brand and children's clothing in Q3 2025, with e-commerce sales increasing by approximately 20% [2][6]. - The company has accelerated the expansion of its super stores, with 93 super stores established by September 30, 2025, nearly doubling from Q2, which is expected to positively impact retail growth [9]. - The company anticipates strong performance in the 2026 ordering session, with a high certainty of revenue growth for 2025 and 2026. The product matrix is improving, and the exploration of new business formats like super stores is expected to contribute to a second growth driver [9]. Summary by Sections Retail Performance - The company achieved a robust 10% year-on-year growth in offline retail for Q3 2025, with expectations of stable discounts and inventory levels [9]. Store Expansion - The rapid expansion of super stores is a key focus, with the number of stores significantly increasing, which is expected to enhance customer spending and complement traditional store formats [9]. Financial Projections - The company is projected to achieve net profits of 1.26 billion, 1.37 billion, and 1.50 billion yuan for 2025, 2026, and 2027 respectively, with corresponding P/E ratios of 9, 8, and 8 times [9][11].

Core Insights - Anta Sports (02020) announced that in the third quarter of 2025, the retail value of Anta brand products achieved low single-digit positive growth compared to the same period in 2024 [1] - The retail value of FILA brand products also recorded low single-digit positive growth in the third quarter of 2025 compared to 2024 [1] - All other brand products experienced a significant retail value increase of 45-50% in the third quarter of 2025 compared to the same period in 2024 [1]