11月24日，万事利盘中上涨2.01%，截至14:09，报15.76元/股，成交8572.20万元，换手率2.94%，总市 值37.02亿元。 机构持仓方面，截止2025年9月30日，万事利十大流通股东中，中信建投轮换混合A（003822）、中信 建投甄选混合A（008347）退出十大流通股东之列。 今年以来万事利已经3次登上龙虎榜，最近一次登上龙虎榜为5月9日，当日龙虎榜净买入3920.95万元； 买入总计8154.68万元 ，占总成交额比16.13%；卖出总计4233.72万元 ，占总成交额比8.38%。 资料显示，杭州万事利丝绸文化股份有限公司位于浙江省杭州市天城路68号(万事利科技大厦)2幢5楼 501室，成立日期2007年9月13日，上市日期2021年9月22日，公司主营业务涉及丝绸相关产品的研发设 计、生产与销售。主营业务收入构成为：丝绸文化创意品(自有终端品牌)66.11%，丝绸纺织制品(非自 有终端品牌)31.27%，其他2.62%。 万事利所属申万行业为：纺织服饰-纺织制造-其他纺织。所属概念板块包括：小红书概念、C2M概念、 小盘、跨境电商、NFT概念等。 截至9月30日，万事利股东户数1 ...

老铁们，上周A股这波调整，是不是看得心里发毛？沪指单周跌近4%，创业板指更是重挫6%，超过4900只个股下跌，这场面确实吓人。但帮主要说，每次 市场深蹲，都是为了跳得更高——眼下恰恰是中长线投资者捡便宜货的良机！ 对咱们中长线投资者的策略： 1. 盯紧"错杀"的真资产：这轮调整中，有些优质成长股被无辜牵连。重点关注国产算力、创新药这些硬核赛道，还有那些在"反内卷"政策下迎来供需改善的 纺织制造、商用车领域； 2. 布局"出海先锋"：中信证券和中金公司都判断，2026年将是中企出海大年。那些能把中国制造优势转化为全球定价权的企业，最可能穿越周期； 3. 握紧"防御盾牌"：高股息资产依然是震荡市的压舱石。周期型红利（煤炭、化工）和潜力型红利（铁路公路、环保）都值得关注。 帮主20年经验总结：行情总在绝望中诞生，在犹豫中延伸。当前市场看似风雨飘摇，实则暗流涌动——国内外券商齐声看好2026年A股"低波动慢牛"，高盛 更预计到2027年中国股市还有30%上行空间。咱们要做的不是跟着恐慌，而是保持冷静，在优质资产打折时大胆出手！ 我是帮主郑重，专注中长线的财经老炮。投资路上，不追风，等风来 先说这波调整的真相： 表面看 ...

想知道下周能不能企稳？盯紧三个关键信号：第一，成交额能不能重回2万亿元以上；第二，12月中央经济工作会议临近，政策催化要不要等；第三，沪指 3850点附近的支撑位能不能扛住。这三点只要中了两点，市场大概率就能稳住！ 至于该怎么操作，帮主给你三个实在策略：一是拥抱"错杀真资产"，像半导体、创新药这些估值消化充分的科技成长股，还有纺织制造、商用车这种供需改 善的品种，值得重点看；二是握紧"防御盾牌"，红利板块这种高股息资产，能给你的持仓加层安全垫；三是别把现金全砸进去，保持耐心，震荡市里学会抓 波段，才能赚超额收益。 帮主20年财经经验总结：市场从不会因一根大阴线转向，也不会因恐惧而见顶。现在最该做的，不是跟风杀跌，而是找出那些"能活下来还能活得更好"的企 业。我是帮主郑重，专注中长线不追风，只跟大家聊实实在在的机会。 你手里的票是被错杀的优质股，还是该及时止损的题材股？评论区打出来，帮主帮你捋捋后续思路！ 老铁们，周五的收盘钟声一响，是不是瞬间觉得屏幕都在发凉？沪指直接暴跌2.45%失守3900点，深成指、创业板指更狠，跌超3%，全市场超5000只个股飘 绿！这波回调，你慌了吗？是赶紧割肉跑路，还是盯着屏幕想抄 ...

3 元 3 - 1 - 2025 年 11 月 23 日 本周重磅发布策略报告,挖掘新消费、看好全球制造 本期投资提示: -纺织服装行业周报 20251123 相关研究 《 澳毛价格企稳回升，全运会开幕提振户 外运动板块——纺织服装行业周报 20251116》 2025/11/16 《 10 月纺服出口承压,中美磋商利好有望 修复出口链一 -- 纺织服装行业周报 20251110》 2025/11/10 证券分析师 王立平 A0230511040052 wanqlp@swsresearch.com 求佳峰 A0230523060001 qiujf@swsresearch.com 刘佩 A0230523070002 liupei@swsresearch.com 研究支持 朱本伦 A0230125090001 zhubl@swsresearch.com 联系人 朱本伦 (8621)23297818× zhubl@swsresearch.com 申万宏源研究微信服务号 请务必仔细阅读正文之后的各项信息披露与声明 时代小 本周纺织服饰板块表现强于市场。11 月 17 日 ~ 11 月 21 日, SW 纺织服饰指数下 ...

证券研究报告 | 公司点评 | 纺织制造 制造业务收入分地区来看，25Q1-3 美国同比+5.4%（占比 28.5%），欧洲同比 +11.7%（占比 27.7%），中国大陆同比-25.9%（占比 13.4%），其他地区同比 +9.2%（占比 30.4%），我们预计中国收入下滑主要系贸易摩擦和需求疲软影响， 欧美和其他地区收入均有双位数增长，公司作为全球制鞋龙头订单充沛。 ❑ Q3 制造业务产能利用率饱满，利润率环比改善超预期 25Q1-3 产能利用率 93%，同比+1pct，毛利率 18.3%（同比-1.3pct），主要系人工 工资上涨和生产效率不及预期， SG&A 费用率 10.2%（同比-0.2pct），费用管控 成效显现，净利率 6.2%（同比-1.1pct）。 制造利润率逐季向上，零售收入降幅收窄 ——裕元集团点评报告 投资要点 ❑ 公司发布 25 三季报，25Q1-3 实现收入 60.2 亿美元，同比-1.0%，归母净利润 2.8 亿美元，同比-16.0%，其中，制造业务收入 42.3 亿美元，同比+2.3%，归母净利 润 2.6 亿美元，同比-12.6%，零售业务收入 17.9 亿美元，同比-7. ...

证券之星消息，11月21日纺织制造板块较上一交易日下跌3.03%，孚日股份领跌。当日上证指数报收于 3834.89，下跌2.45%。深证成指报收于12538.07，下跌3.41%。纺织制造板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 605180 | 华生科技 | 16.47 | 1.04% | 10.81万 | 1.77亿 | | 300979 | 华利集团 | 58.76 | -0.10% | 2.36万 | 1.40亿 | | 300918 | 南山智尚 | 17.68 | -0.45% | 7.01万 | 1.23亿 | | 002003 | 伟星股份 | 10.86 | -1.45% | 6 9.28万 | 1.02亿 | | 603130 | 云中马 | 34.99 | -2.21% | 1.69万 | 5915.04万 | | 600987 | 航民股份 | 7.06 | -2.22% | 14.30万 | 1.02亿 | | 665109 | 浙文影业 | ...

研究早观点 2025 年 11 月 21 日 星期五 资料来源：最闻 国内市场主要指数 | 指数 | | 收盘 | 涨跌幅% | | --- | --- | --- | --- | | 上证指数 | | 3,931.05 | -0.40 | | 深证成指 | | 12,980.82 | -0.76 | | 沪深 | 300 | 4,564.95 | -0.51 | | 中小板指 | | 7,868.94 | -0.94 | | 创业板指 | | 3,042.34 | -1.12 | | 科创 | 50 | 1,328.19 | -1.24 | 资料来源：最闻 分析师： 彭皓辰 执业登记编码：S0760525060001 邮箱：penghaochen@sxzq.com 市场走势 【今日要点】 【行业评论】煤炭：行业政策点评 2026 年电煤中长期合同点评：符合 预期，港口基准价维持不变 【山证纺服】浙江自然 2025Q3 季报点评-2025Q3 经营阶段性承压，水 上用品预计快速增长且盈利爬坡顺利 【公司评论】中恒电气(002364.SZ)：中恒电气点评-推出 800VDC 新建 和改造方案，未来增长可期 请务 ...

Market Overview - The textile manufacturing sector experienced a decline of 0.72% on November 20, with Furui Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 3931.05, down 0.4%, while the Shenzhen Component Index closed at 12980.82, down 0.76% [1] Top Performers - Guqi New Material (001390) saw a significant increase of 10.01%, closing at 32.96 with a trading volume of 288,100 shares and a turnover of 897 million [1] - Lianfa Co., Ltd. (002394) rose by 6.65%, closing at 13.80 with a trading volume of 293,500 shares and a turnover of 396 million [1] - Hongda High-tech (002144) increased by 3.49%, closing at 14.24 with a trading volume of 143,800 shares and a turnover of 203 million [1] Underperformers - Xingri Co., Ltd. (002083) experienced the largest decline of 8.83%, closing at 10.22 with a trading volume of 2,214,000 shares [2] - Wanshili (301066) fell by 3.92%, closing at 16.42 with a trading volume of 127,400 shares [2] - Fengzhu Textile (600493) decreased by 2.63%, closing at 7.77 with a trading volume of 179,800 shares [2] Capital Flow - The textile manufacturing sector saw a net outflow of 279 million from main funds, while retail investors contributed a net inflow of 302 million [2]

Market Overview - The textile manufacturing sector experienced a decline of 2.01% on November 19, with Furui Co., Ltd. leading the drop [1] - The Shanghai Composite Index closed at 3946.74, up 0.18%, while the Shenzhen Component Index closed at 13080.09, unchanged [1] Stock Performance - Notable gainers included: - Guqi New Material (001390) with a closing price of 29.96, up 9.99% and a trading volume of 214,800 shares, totaling 613 million yuan [1] - Other stocks showed minor fluctuations, with some experiencing slight increases, such as: - Huasheng Technology (605180) up 0.88% and Weixing Co. (002003) up 0.45% [1] - Significant decliners included: - Jiri Co. (002083) down 10.03% with a trading volume of 2,562,600 shares, totaling 2.964 billion yuan [2] - Wanshili (301066) down 9.77% with a trading volume of 177,300 shares, totaling 308 million yuan [2] Capital Flow - The textile manufacturing sector saw a net outflow of 228 million yuan from major funds, while retail investors contributed a net inflow of 231 million yuan [2] - The capital flow for specific stocks indicated: - Guqi New Material (001390) had a net inflow of 72.86 million yuan from major funds, but a net outflow of 24.97 million yuan from retail investors [3] - Other stocks like Huasheng Co. (600156) and Jin Chun Co. (300877) also showed mixed capital flows with varying degrees of net inflow and outflow [3]

Investment Rating - The report maintains a "Recommended" rating for the industry [1] Core Views - The report highlights a return of inflation trading, with consumer goods showing a positive trend in performance [1][8] - The overall industry size is significant, with a total market capitalization of 18,186 billion and a circulating market capitalization of 16,721.2 billion [1] Summary by Sections Macroeconomic Analysis - Retail sales growth year-on-year is at 2.9%, with a slight recovery in October due to the holiday effect, showing a month-on-month increase of 0.16% [6] - The restaurant sector saw a year-on-year revenue increase of 3.8% in October, while jewelry sales surged by 37.6% [6][7] - Service retail sales grew by 5.3% year-on-year from January to October, indicating a gradual recovery in service consumption [7] Food and Beverage Sector - October inflation data exceeded expectations, with both CPI and PPI showing improvements, suggesting a potential recovery in profitability for the food and beverage sector [8] - Companies like Haidilao and Anjuke are expected to perform well due to improved demand and operational strategies [9][10] Textile and Apparel Sector - The textile manufacturing sector is experiencing stable overseas demand, with major brands like NIKE showing signs of recovery [12] - Recommendations include focusing on leading manufacturers with optimized order structures and production efficiency [12] Tobacco Sector - The report recommends companies like Smoore International and China Tobacco Hong Kong, highlighting their stable growth and market positioning [16] Home Appliances Sector - The report suggests focusing on leading white goods manufacturers like Midea Group, which has shown stable operational performance [17] Retail and E-commerce - The report notes a significant increase in e-commerce sales during the Double Eleven shopping festival, with a total sales growth of 14.2% [24] - Companies like JD.com are expected to maintain robust growth, with a projected non-GAAP net profit of 318 billion for 2025 [25] Pharmaceutical Sector - The report emphasizes the importance of innovation in the pharmaceutical industry, recommending companies like Innovent Biologics and 3SBio for their strong project pipelines [27] Agriculture Sector - The report indicates a rapid reduction in sow production capacity, suggesting a potential increase in pig prices in 2026 [28]