2025年12月19日，奥康国际（维权）（sh603001）触及涨停，涨停价9.25元，涨幅9.99%，总市值37.09 亿元，流通市值37.09亿元，截止发稿，总成交额1.06亿元。 根据喜娜AI异动分析，奥康国际涨停原因可能如下，公司治理优化+现金流改善+鞋业零售： 1、奥康国 际主要从事男女皮鞋及皮具产品的研产销与零售，拥有多个自有及代理品牌。近期公司治理全面升级， 修订21项治理制度，涵盖信息披露、董事会运作等关键领域，显著提升治理水平；取消监事会，简化治 理结构，决策流程可能更高效，符合新《公司法》要求。 2、公司三季度经营活动现金流同比增长 168.61%，资金压力有所缓解，这是股价涨停的重要支撑。不过公司也面临经营挑战，前三季度营收下 降21.65%，净亏损扩大，门店数量减少，控股股东高比例质押股份且部分被司法冻结，股东减持等情 况。 3、从行业来看，近期消费零售板块有一定的市场热度，部分同行业公司股价也有活跃表现。资金 流向方面，当日可能有资金流入奥康国际，推动股价涨停。技术面上，需结合具体的MACD、BOLL通 道等指标进一步分析，但当日涨停可能是资金对公司治理优化和现金流改善的积极反应。 ...

Core Viewpoint - Aokang International's stock has shown volatility with a year-to-date increase of 28.28%, but recent trends indicate a decline in the short term, raising concerns about its financial performance and market position [2]. Financial Performance - For the period from January to September 2025, Aokang International reported a revenue of 1.479 billion yuan, representing a year-on-year decrease of 21.65%. The net profit attributable to shareholders was -209 million yuan, a decline of 54.02% compared to the previous year [2]. - Cumulative cash dividends since Aokang International's A-share listing amount to 2.091 billion yuan, with 108 million yuan distributed over the past three years [3]. Stock Market Activity - As of November 11, Aokang International's stock price was 8.89 yuan per share, with a market capitalization of 3.565 billion yuan. The stock experienced a 2.07% increase during the trading session [1]. - The stock has been active on the "龙虎榜" (Dragon and Tiger List) six times this year, with the most recent appearance on August 6, where it recorded a net buy of -29.0469 million yuan [2]. Shareholder Information - As of September 30, the number of shareholders for Aokang International was 11,200, a decrease of 2.78% from the previous period. The average number of circulating shares per shareholder increased by 2.86% to 35,671 shares [2]. Business Overview - Aokang International, established in November 2001 and listed in April 2012, is primarily engaged in the research, production, distribution, and retail of men's and women's leather shoes and leather goods. The revenue composition includes men's shoes (58.28%), women's shoes (31.16%), leather goods (7.45%), and others (3.10%) [2]. - The company operates within the textile and apparel industry, specifically in the footwear sector, and is associated with various concepts such as small-cap stocks, C2M, sports industry, cross-border e-commerce, and electronic commerce [2].