根据喜娜AI异动分析，ST起步涨停原因可能如下，儿童服饰+新聘高管： 1、ST起步主要从事童鞋、童 装和儿童服饰配饰等业务，产品定位于中端市场，面向3 - 13岁儿童，旗下核心品牌为"ABCKIDS"。近 期随着消费市场的逐步复苏，儿童服饰领域也迎来一定的发展机遇，公司有望受益于行业的整体回暖。 2、2025年11月22日公司公告新聘陈丽红为代理董事会秘书，起始日期为2025年11月21日。新的管理层 可能会带来新的管理理念和发展策略，给市场传递出公司积极变革的信号，从而吸引投资者关注。 3、 从同板块表现来看，近期儿童服饰相关概念股票有一定的活跃度。东方财富数据显示，部分同行业公司 股价也有不同程度的上涨，形成了一定的板块联动效应。 4、技术面上，若该股MACD指标形成金叉， 且股价突破了短期的压力位，会吸引更多技术派投资者的关注和买入。同花顺资金监控显示，28日该股 资金呈现净流入状态，表明有资金流入推动股价涨停。 声明：市场有风险，投资需谨慎。本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成 个人投资 ...

Core Insights - ST Qibu reported a significant decline in revenue and profit for the first half of 2025, with total revenue at 85.84 million yuan, down 33.53% year-on-year, and a net loss of 37.14 million yuan, a decrease of 20.13% year-on-year [1] - The company's gross margin improved slightly to 45.93%, up 0.81 percentage points year-on-year, while the net margin fell to -43.92%, down 19.94 percentage points year-on-year [2] Financial Performance - The basic earnings per share for the first half of 2025 was -0.06 yuan, with a weighted average return on equity of -36.31% [2] - The second quarter of 2025 saw a gross margin of 74.49%, an increase of 23.31 percentage points year-on-year, but a net margin of -150.82%, a decline of 103.67 percentage points year-on-year [2] - Total operating expenses for the first half of 2025 were 33.50 million yuan, a decrease of 30.96 million yuan year-on-year, with an expense ratio of 39.03%, down 10.89 percentage points year-on-year [2] Shareholder Information - As of the end of the first half of 2025, the total number of shareholders was 13,100, an increase of 432 from the previous quarter, representing a growth of 3.41% [3] - The average market value per shareholder increased from 107,800 yuan at the end of the first quarter to 163,700 yuan, a rise of 51.90% [3] Company Overview - ST Qibu, established on December 28, 2009, and listed on August 18, 2017, is located in Huzhou, Zhejiang Province, and specializes in the design, research and development, production, and sales of children's shoes, clothing, and accessories [3] - The main business revenue composition includes clothing (47.30%), footwear (45.12%), ABCKIDS brand fees (4.36%), and other accessories (2.09%) [3] - The company operates within the textile and apparel industry, specifically in the footwear and other categories, and is associated with concepts such as new retail and e-commerce [3]