12月12日，两家A股上市公司同步披露海外投资公告，新凤鸣（SH603225，股价15.68元，市值239.05亿 元）与健盛集团（SH603558，股价11.38元，市值38.99亿元）分别宣布拟在埃及投资建厂。 全球高端、高品质化学纤维的代表性领军企业的地位；另一方面，通过完善当地纺织产业链，可以为国 家"一带一路"高质量发展贡献力量。 健盛集团则披露，该项目由香港泰和裕国际有限公司以自筹资金出资，项目建设地点位于埃及伊斯梅利 亚西坎塔拉园区，建设期为60个月。项目投产后正常年份可实现营业收入8.46亿元，其中棉袜6.30亿 元，无缝内衣2.16亿元。利润总额1.27亿元，所得税税率为22.5%，前七年减半征收，正常年份净利润 9834.75万元。 健盛集团表示，该项目是公司全球化战略的重要落子，有利于整合全球客户与供应链资源，拓展欧美高 端市场及非洲新兴市场，优化全球生产布局，提升核心竞争力与抗风险能力。项目的实施将进一步巩固 公司在全球针织行业的领先地位，为公司培育未来增长曲线，符合公司长远规划和战略布局，对公司目 前的生产经营不构成重大影响，不存在损害上市公司及股东利益的情形。 新凤鸣："走出去"是 ...

格隆汇12月12日丨健盛集团(603558.SH)公布，为规避国际贸易壁垒，优化全球生产布局，降低综合运 营成本，公司拟通过香港泰和裕国际有限公司在埃及伊斯梅利亚西坎塔拉园区投资，项目投资总额 81,760万元（合11,680万美元）。所需资金由香港泰和裕国际有限公司以自筹资金出资实施本项目。项 目名称：投资埃及年产1.8亿双中高档棉袜、1200万件无缝内衣、18000吨纱线染色和2000吨氨纶包覆纱 橡筋线项目。项目投产后正常年份可实现营业收入84600万元，其中棉袜63000万元，无缝内衣21600万 元。利润总额12690万元，所得税22.5%，前七年减半，正常年份净利润9834.75万元。本项目预计建设 周期5年，项目预计回收周期在8.31年（不含建设期）。 ...

Core Viewpoint - The report from Huaxi Securities indicates that Jian Sheng Group's Q3 2025 revenue, net profit attributable to shareholders, and net profit excluding non-recurring items were 715 million, 167 million, and 102 million yuan respectively, showing year-on-year changes of -5.23%, 71.16%, and 7.34% [1] Financial Performance - The decline in revenue is attributed to the non-recurring gain from the disposal of non-current assets worth 65 million yuan from the land and property of Jiangshan Knitting Company [1] - The growth in net profit excluding non-recurring items is mainly due to cost reduction and efficiency improvement, which aligns with expectations [1] Market Outlook - The worst period for the company may have passed, with expectations for improved procurement rhythm from Uniqlo in Q4 [1] - Long-term growth prospects are linked to improved seamless production capacity utilization, particularly in Vietnam, where Xing'an has achieved phase profitability [1] Production Capacity Expansion - Future growth drivers are anticipated from partnerships with Uniqlo, HBI, and DBS [1] - The company is actively investing in Vietnam, with projects aimed at producing 65 million pairs of mid-to-high-end cotton socks, 2,000 tons of spandex elastic line, and 18,000 tons of yarn dyeing [1] - The expansion projects in Hai Phong and Quang Tri are expected to enhance production capacity and improve integrated quick response capabilities [1] Market Confidence - The company's share buyback is expected to boost market confidence, maintaining a "buy" rating [1]

Core Viewpoint - Jian Sheng Group's profitability has improved, with high dividends in the first half of the year, but short-term orders may still be pressured by trade war impacts [1] Group 1: Market Dynamics - In July, a 20% tariff agreement was reached between the US and Vietnam, which may allow the company to capture market share in the long term [1] - The purchasing rhythm of Uniqlo is expected to improve in the second half of the year [1] Group 2: Production and Capacity - The long-term outlook for the company is driven by improved seamless capacity utilization, particularly in Vietnam, where the company has achieved phase profitability [1] - Future growth in cotton socks is anticipated to remain steady, supported by expansions in Haiphong and Quang Tri, as well as the enhancement of dyeing capacity in Nam Dinh [1] Group 3: Investment and Confidence - The company is actively investing in a project in Nam Dinh province to produce 65 million pairs of mid-to-high-end cotton socks, 2,000 tons of spandex elastic yarn, and 18,000 tons of yarn dyeing capacity, which is expected to expand production [1] - The company's share buyback is expected to boost market confidence, maintaining a "buy" rating [1]