Core Viewpoint - The 27th Hong Kong International Autumn Lighting Fair and the 10th Hong Kong International Outdoor and Tech Lighting Expo are being held, showcasing innovative and smart lighting designs, attracting around 3,000 businesses from 20 countries and regions [1] Group 1: Event Details - The Hong Kong International Autumn Lighting Fair runs from October 27 to 30, focusing on innovation and smart design [1] - The Hong Kong International Outdoor and Tech Lighting Expo will take place from October 28 to 31 at the AsiaWorld-Expo [1] - The events feature the "Connected Lighting Pavilion," showcasing award-winning designs and lighting solutions from renowned brands in Finland, Germany, the Netherlands, and Japan [1] Group 2: Industry Insights - The Vice President of the Hong Kong Trade Development Council highlighted the robust development and significant growth potential of innovative lighting products [1] - The theme of the fairs is "Creative Design, Smart Future," bringing together top brands to present innovative and intelligent lighting products and solutions [1] Group 3: Additional Activities - The fairs include various forums and seminars, such as the Innovative Lighting Design Forum, where industry leaders and designers share top design cases and discuss market trends [1] - An International Environmental Expo, co-organized by the Hong Kong Trade Development Council and Frankfurt Exhibition (Hong Kong) Ltd., will also be held concurrently from October 28 to 31 [2]

Core Insights - The company reported a strong performance in Q3 2025, with a 10% year-on-year increase in retail sales for both the main brand and children's clothing in offline channels, and a 20% increase in overall e-commerce platform revenue [1] Group 1: Retail Performance - The offline retail sales for the main brand and children's clothing both increased by 10% year-on-year in Q3 2025 [1] - The overall revenue from the e-commerce platform grew by 20% year-on-year [1] Group 2: Operational Strategies - The company is focusing on enhancing operational performance through product iteration, brand building, and channel development [1] - Product upgrades have been made across running, basketball, outdoor, women's fitness, and children's categories [1] - The company is actively promoting its brand as the official partner of the 20th Asian Games, providing professional gear for torchbearers, runners, and over 32,000 volunteers, thereby expanding its global brand influence [1] - The company is implementing an online and offline collaborative strategy, partnering with Meituan for new sports consumption experiences [1] Group 3: Store Expansion - As of September 30, 2025, the company has reached 93 super brand stores nationwide [1] Group 4: Financial Projections - The company is expected to achieve revenues of 11.34 billion, 12.66 billion, and 14.08 billion yuan for the years 2025, 2026, and 2027, respectively, with year-on-year growth rates of 12.5%, 11.7%, and 11.2% [2] - The projected net profit for the same years is 1.29 billion, 1.47 billion, and 1.66 billion yuan, with year-on-year growth rates of 12.5%, 13.4%, and 13.0% [2]

9月29日晚，广州天河路—珠江新城商圈灯光秀璀璨绽放，以"激情全运畅购广州"为主题的购在中国 2025广州国际购物节正式启幕，千年商都向世界发出诚挚邀约。 作为华南地区规模最大、影响力最强的消费品牌，本届购物节既吹响"十一"黄金周乐购号角，更紧扣十 五运会和残特奥会契机，将体育激情融入商业脉搏，推动商旅文体健深度融合，释放强劲赛事经济动 能。 活动持续至12月31日，覆盖全市11区、联动超万家商户，推出超3000场活动，以线上线下（300959）融 合模式，打造多元消费新体验，一座城一起"购"，彰显广州国际消费中心城市魅力。 热力启幕+AI赋能，创意市集激活消费新场景 夜幕下，正佳广场活动现场流光溢彩。伴随着开场视频《一封来自广州的邀请函》的动感呈现，市民游 客的热情瞬间点燃。一年一度的广州国际购物节，正是广州以城之名，诚迎全球消费者共享的畅购盛 会。 "激情全运 畅购广州"，本届购物节将运动元素作为核心亮点，体育明星的助阵成为开幕式的一大亮 点。广东男篮主教练杜锋、2004年雅典奥运会羽毛球女子双打冠军张洁雯、中国前女子体操运动员、体 操世界冠军刘婷婷来到现场与观众互动。世界摇摆舞冠军以充满力量与节奏感的热 ...