又一上市公司因欺诈发行被起诉。 ST起步（603557.SH）财务造假余波未了，继行政处罚后还将被追究刑事责任。 根据ST起步（即"起步股份"）近日发布的公告，该公司及六位相关责任人因涉嫌欺诈发行证券罪、违 规披露、不披露重要信息罪，被丽水市人民检察院起诉。 近年来，监管部门持续加大对上市公司财务造假的综合惩防力度，并强调"立体化"追责。此次ST起步 被起诉，则与其此前连续多年财务造假、信披违规等一系列违法违规行为有关，2023年该公司及其主要 涉事责任人已受到行政处罚，合计被罚款7700万元。 除了深陷财务造假泥沼，曾被称为"童鞋第一股"的ST起步近些年业绩持续亏损，负债高企。自去年以 来，该公司通过卖房回笼资金、发力线上业务、控股股东现金"输血"等方式自救，但至今仍未扭转业绩 亏损局面。 涉欺诈发行被追究刑责 公告显示，ST起步于7月10日收到丽水市人民检察院出具的《起诉书》。该案由丽水市公安局侦查终 结，以被告单位起步股份、被告人周建永等6人涉嫌欺诈发行证券罪、违规披露、不披露重要信息罪， 向丽水市人民检察院移送起诉。 其中，被告人包括该公司前董事长章利民、前总经理周建永、前副总裁邹习军、前董事会秘书吴 ...

融媒体记者：徐崇广 通讯员：崔 瑶 贺文生 为深入贯彻落实农村电商示范县建设要求，助力枣强县跨境电商从业者拓宽视野、提升专业能力，日前由河北枣强县 发展和改革局、枣强县电子商务公共服务中心主办的枣强县跨境电商游学培训班，走进河北博道跨境电商产业园，开 展了一场干货满满的实践学习之旅。 理论开篇：外贸孵化培训筑牢根基 实地观摩：供应链与选品体系深度探营 交流赋能：凝聚行业共识，激发发展活力 理论学习后，学员们走进园区的产品展示区与仓储物流中心，开启实地观摩环节。在产品展示区，园区工作人员引导 学员参观各类跨境电商热销商品，从儿童滑板车、创意家居用品到时尚服饰，逐一讲解选品策略 —— 如何结合目标市 场消费偏好、季节趋势选品，怎样通过差异化设计打造爆品。学员们近距离触摸产品、了解功能，还围绕 "选品成本 把控""小众品类市场潜力" 展开讨论，交流选品思路。 仓储物流区域里，学员们直观感受跨境电商货物收发、存储、打包全流程。工作人员介绍了海外仓布局、物流渠道优 化经验，以及如何通过数字化系统实现库存动态管理，降低物流延误、错发风险。 游学过程中，学员们还与园区内跨境电商从业者展开交流。大家围绕 "跨境电商品牌建设" ...

Core Insights - The article emphasizes the development of tourism in ethnic regions of China, leveraging unique cultural resources to enhance visitor experiences and promote cultural heritage [6][10]. Group 1: Ethnic Tourism Development - Ethnic costumes, traditional crafts, and unique architecture serve as rich resources for tourism, creating immersive experiences for visitors [6]. - The rise in tourist numbers has revitalized the protection and development of ethnic cultures, injecting new vitality into local communities [6]. Group 2: Case Studies of Ethnic Regions - In Yanbian Korean Autonomous Prefecture, the Korean Folk Customs Park has transformed into a comprehensive tourism destination, featuring traditional Korean houses and cultural performances [8][9]. - The number of photography shops around the folk park has surged from fewer than five to nearly a thousand, indicating robust growth in local tourism [11]. Group 3: Cultural Heritage and Experience - In Guizhou's Miao and Dong Autonomous Prefecture, traditional crafts like batik and silver forging are integrated into tourism, allowing visitors to engage in hands-on experiences [12][13]. - The region has developed over 600 cultural products and simplified traditional crafts into accessible activities, attracting numerous tourists [12]. Group 4: Local Community Engagement - In Kashgar, local residents have opened homestays and cultural experience points, allowing tourists to immerse themselves in local life and traditions [14][15]. - The Kashgar Ancient City has seen significant tourist traffic, with approximately 13.06 million visitors and a total tourism revenue of 3.291 billion yuan in the first half of 2025 [15].

浙江健盛集团股份有限公司2024 年年度报告 公司代码：603558 公司简称：健盛集团 浙江健盛集团股份有限公司 致力于成为全球化的产业链一体化的针织运动服饰制造领航者 浙江健盛集团股份有限公司2024 年年度报告 公司代码：603558 公司简称：健盛集团 浙江健盛集团股份有限公司 浙江健盛集团股份有限公司2024 年年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人张茂义、主管会计工作负责人陈燕及会计机构负责人（会计主管人员）张剑声明： 保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 司股东的净利润324,927,590.72元，母公司实现净利润189,872,652.75元。按照《公司章程》有 关规定，按母公司净利润的10%提取法定盈余公积金18,987,265.28元后，本年度可供全 ...

Core Insights - The domestic pet economy has seen significant growth, with 4.474 million related enterprises existing as of April this year, a threefold increase from 2021, and over 77% of these companies established within the last three years [1] - The overseas market is becoming increasingly competitive, particularly in high-value markets like Europe and the US, leading to a downward trend in product prices [1] - Companies are focusing on building brand awareness and user reputation as a long-term strategy to remain competitive in the market [1] Industry Trends - The pet products sector includes various categories such as leashes, cleaning supplies, bedding, feeding utensils, clothing, and toys [2] - Companies are categorized into two main types for overseas expansion: supply chain enterprises that manufacture products for major retailers and new consumer brands that focus on brand building [2][3] - Supply chain companies like Tianyuan Pet have adopted a strategy of participating in international exhibitions and acquiring foreign brands to enhance their market presence [2] Market Dynamics - New consumer brands are targeting Southeast Asia for initial expansion due to its rapid growth and lack of dominant players, allowing them to gain a first-mover advantage [3] - Intense competition has led to price compression in the pet products market, prompting companies to innovate with "AI+" smart pet products to differentiate themselves [3][4] - The global smart pet products market reached $4.2 billion in sales by 2023, with significant price competition emerging as many similar products enter the market [4] Consumer Behavior - The acceptance of smart pet products in overseas markets is currently limited due to product maturity, necessitating ongoing investment and product iteration [5] - Establishing brand awareness in the pet products sector is challenging, as consumer purchasing decisions are often influenced by product effectiveness and perceived value [6] - Companies are encouraged to create standout products to build a positive reputation and gradually establish brand identity, similar to strategies used in the baby products sector [7]

Core Viewpoint - The Chengdu World Games, set to open in 30 days, has unveiled a series of award ceremony materials that reflect the theme of "Infinite Sports, Diverse Atmosphere," integrating ancient Shu civilization with modern sports spirit [9][10]. Group 1: Award Ceremony Materials - The award ceremony materials include award souvenirs, trays, podiums, medal packaging boxes, and attire for volunteers and flag bearers [9]. - The award tray features a fan-shaped design with relief patterns of the Sun Bird and hibiscus, symbolizing ancient Shu culture, and is made with a blue-green gradient glaze [11]. - The award podium is designed with a modular structure that allows for flexible adjustments to accommodate different events and participant numbers, featuring a gradient color scheme reminiscent of terraced fields [11]. Group 2: Cultural Significance - Each item is designed to tell a story about Chinese culture and convey the warmth of Chengdu, with elements like traditional Sichuan opera and modern aesthetics [10][14]. - The award souvenirs include a double-sided puppet representing the panda and the Sichuan golden monkey, showcasing traditional symbols in a contemporary style [11]. Group 3: Innovative Design Concepts - The design philosophy emphasizes "harmonious coexistence," with the award trays symbolizing unity among athletes, events, and the host city [14]. - The medal packaging box is crafted using traditional bamboo weaving techniques, designed to be both a protective case and a display frame for the medal [12][15]. - The overall design integrates modern design language with traditional elements, aiming to reflect the spirit of contemporary sports while preserving cultural heritage [15].

台湾誉唐科技有限公司的主管徐帮冬说，企业参加本届兰洽会的目的是招商和进行品牌推广。"我们非 常看好甘肃以及大陆中西部地区市场，公司也希望能让大陆消费者用实惠的价格买到性价比高的产 品。" 新华社兰州7月8日电（记者程楠、王紫轩）手捧丝质旗袍，来自台湾桃园和寿堂工艺社的李富，向前来 展位咨询产品的客人详细介绍古法丝织品的特点。 在近日于甘肃省兰州市开幕的第三十一届中国兰州投资贸易洽谈会上，多位受访的台湾企业界人士表 示，期待陇台两地持续加强经贸往来，赢得"商机无限"。 李富说，今年是他第三次参加兰洽会。他去年参加兰洽会带来的相关产品，仅现场零售收入就达十几万 元人民币。"大陆商机无限。本届兰洽会我主要想找当地代理商，来推销我们的古法丝绸服饰。" 今年兰洽会，李富特地带自己18岁的儿子李旭坤"见世面"。李旭坤说，这是他的兰洽会"首秀"，自家工 艺社生产的丝绸服饰，就汇集了"两岸元素"，古法设计来自台湾桃园，批量生产在江苏苏州。 业内人士表示，甘肃作为丝绸之路经济带黄金段，兼具区位、资源与文化三重优势。甘肃的新能源、新 材料等产业与台企在智能制造、半导体设备领域的技术积累互补。台商成熟的商业运作经验与甘肃后发 优势 ...

Core Insights - The report highlights the accelerating global influence of Chinese brands, particularly in emerging markets, with significant growth in online traffic, engagement, and strategic globalization from 2024 to 2025 [1][10]. Group 1: Key Changes in Globalization - Chinese brands are transitioning from a "go out" strategy to a "go in" approach, focusing on localized operations and user experience [2]. - The electronics sector remains dominant, with 54 out of the top 100 brands, including realme, Huawei, and Xiaomi, leading in innovation and market positioning [2][18]. - The automotive sector is also gaining recognition, with brands like MG Motors and BYD making strides, especially in the electric vehicle market [2]. Group 2: Emerging Market Focus - The strategy emphasizes targeting emerging markets while deepening presence in developed markets, with the Middle East showing the fastest growth at a 69.8% increase in digital scores [4]. - North America and Europe remain key targets, with 67.4% of Chinese brands having a digital presence in North America, despite challenges like tariffs [4]. - Southeast Asia, Africa, and South America are highlighted as strong performers in emerging markets, with significant digital score increases [4]. Group 3: Digital Channels as Growth Engines - Social media, particularly TikTok, is crucial for growth, with 91% of the top 100 brands active on the platform, leading to increased user engagement [5]. - The shift from reliance on third-party platforms to a "platform + independent site" model is evident, with 75% of top brands having Amazon stores and many establishing DTC websites [5]. Group 4: Characteristics of Successful Brands - Successful Chinese brands share three traits: clear value propositions, flexible growth strategies, and sensitivity to user needs [6]. - New entrants like Insta360 and Zeelool are gaining traction by focusing on niche markets and leveraging social marketing [6]. Group 5: Future Trends in Brand Globalization - The report suggests a shift from "product export" to "brand export," emphasizing brand recognition and user loyalty as key competitive factors [7]. - Localization efforts are evolving beyond language translation to cultural integration, enhancing brand relevance in local markets [7]. - The overall trend indicates a move towards quality enhancement and comprehensive output of "products + services + brands" [7].

2025 年 07 月 07 日 | 指数 | 收盘 | | 涨跌（％） | | | --- | --- | --- | --- | --- | | 名称 | （点） | 1 日 | 5 日 | 1 月 | | 上证指数 | 3472 | 0.32 | 2.85 | 1.4 | | 深证综指 | 2076 | -0.43 | 3.81 | 1.13 | ◼ 风险提示：海外经济衰退超预期，国内经济复苏不及预期（详见正文） ◼ (联系人：傅静涛/韦春泽/王胜) 去产能是慢变量，去产量是快变量——策略一周回顾展望 (25/06/30-25/07/05) ◼ 一、反内卷需要区分"去资本开支""去产能""去产量"。 ◼ 反内卷政策加码，唤醒了市场对 2016-17 年的供给侧的记忆。我们认为， 2016-17 年供给侧改革经验，可以拆解成三个核心要素：一是"去产能"， 包括淘汰落后产能，也包括抑制新增资本开支，使得远期产能形成下降。 二是"去产量"，通过一般产能关停、限产，使得国内周期品供需格局快 速改善。三是需求侧刺激的影响不可忽略，2015-16 年两轮房地产量价齐 升，后续棚改货币化安置，都是需求侧重要支撑因素。 ...

行 业 及 产 业 纺织服饰 2025 年 07 月 06 日 美越达成新贸易协议，ISPO 上海户外运动展启幕 看好 ——纺织服装行业周报 20250706 本期投资提示： 王立平 A0230511040052 wanglp@swsresearch.com 求佳峰 A0230523060001 qiujf@swsresearch.com 刘佩 A0230523070002 liupei@swsresearch.com 联系人 求佳峰 (8621)23297818× qiujf@swsresearch.com 请务必仔细阅读正文之后的各项信息披露与声明 本研究报告仅通过邮件提供给 中庚基金 使用。1 行 重要信息回顾： 相关研究 《 NIKE 发布最新业绩，带动产业链修复 ——纺织服装行业周报 20250629》 2025/06/29 《618 大促收官，消费复苏即将步入低基 数窗口——纺织服装行业周报 证券分析师 业 研 究 / 行 业 点 评 证 券 研 究 报 告 20250622》 2025/06/22 ⚫ 本周纺织服饰板块表现强于市场。6 月 30-7 月 4 日， SW 纺织服饰指数上涨 1.4% ...