Footwear

RED DRAGONFLY released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 481.47 M, actual EPS CNY -0.0495

Aokang International released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 1.479 B, actual EPS CNY -0.5222

RED DRAGONFLY released FY2025 9 Months earnings on October 30 After-Market (BJT), actual revenue CNY 1.505 B, actual EPS CNY -0.076

TOPSCORE FASHION released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 216.82 M, actual EPS CNY -0.0133

Qibu Co., Ltd. released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 115.49 M, actual EPS CNY -0.1435

Qibu Co., Ltd. released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 29.66 M, actual EPS CNY -0.084

TOPSCORE FASHION released FY2025 9 Months Earnings on October 30 After-Market (BJT), actual revenue CNY 743.66 M, actual EPS CNY 0.0247

Aokang International released FY2025 Q3 earnings on October 30 After-Market (BJT), actual revenue CNY 398.56 M, actual EPS CNY -0.2927

HLIG released FY2025 Q3 earnings on October 29 During-Market (BJT), actual revenue CNY 6.019 B (forecast CNY 6.528 B), actual EPS CNY 0.6597 (forecast CNY 0.7733)

HLIG released FY2025 9 Months Earnings on October 29 During-Market (BJT), actual revenue CNY 18.68 B, actual EPS CNY 2.0901

RED DRAGONFLY FY2025 Q3 Earnings Release on October 31, 2025 After-Market (BJT)

Aokang International FY2025 Q3 Earnings Release on October 31, After-Market (BJT)

Qibu Co., Ltd. to Release FY2025 Q3 Earnings on October 31 After-Market (BJT)

TOPSCORE FASHION FY2025 Q3 Earnings Release on October 31, 2025 After-Market (BJT)

HLIG to Release FY2025 Q3 Earnings on October 30 During-Market (BJT), Forecast Revenue CNY 6.528 B, EPS CNY 0.7733

HARSON released FY2025 9 Months earnings on October 22 After-Market BJT, actual revenue CNY 1.058 B, actual EPS CNY -0.0893

HARSON released FY2025 Q3 earnings on October 22 After-Market BJT, actual revenue CNY 358.43 M, actual EPS CNY -0.0527

HARSON to Release FY2025 Q3 Earnings on October 28 After-Market (BJT)

Qibu Co., Ltd. released FY2025 Q2 earnings on August 29 During-Market (BJT), actual revenue CNY 23.49 M, actual EPS CNY -0.0563

Qibu Co., Ltd. released FY2025 Semi-Annual Earnings on August 29 During-Market (BJT), actual revenue CNY 85.84 M, actual EPS CNY -0.0608

< 1B

1B - 5B

5B - 10B

10B - 50B

50B - 100B

100B - 500B

500B - 1T

≥ 1T

Market Value

Total Assets

< 100M

100M - 500M

500M - 1B

≥ 100B

Revenue

0 - 50M

50M - 100M

≥ 10B

Profits

< 0%

0% - 5%

5% - 10%

10 - 15%

15% - 20%

20 - 25%

25% - 30%

>= 30%

ROE(TTM)

= 0%

0% - 1%

1% - 3%

3% - 5%

5% - 8%

8% - 10%

>= 10%

Dividend Yield

0% - 10%

10% - 15%

20% - 30%

30% - 40%

40% - 50%

>= 50%

Net Profit Margin

0 - 0.05

0.05 - 0.1

0.1 - 0.2

0.2 - 0.4

0.4 - 0.6

0.6 - 0.8

0.8 - 1

>= 1

Asset Turnover

< 1.5

1.5 - 2

2 - 3

3 - 5

5 - 10

10 - 15

15 - 20

>= 20

Equity Multiplier

< 10%

10% - 30%

30% - 50%

50% - 70%

70 - 80%

80% - 90%

90% - 95%

>= 95%

Debt Ratio

603608

Topscore Fashion Co Ltd :SAYS SHARE TRADE TO RESUME DECEMBER 29

Reuters

TOPSCORE FASHION

Topscore Fashion's Share Trade To Resume December 29

Topscore Fashion Co Ltd :SAYS TRADING IN CO SHARES TO HALT FROM DEC 22 PENDING POTENTIAL OWNERSHIP CHANGE

Trading In Topscore Fashion's Shares To Halt Pending Ownership Change

300979

HLIG announced on October 29 that it achieved operating revenue of 6.019 billion yuan in the third quarter of 2025, a year-on-year decrease of 0.34%; the net profit attributable to shareholders of the listed company was 765 million yuan, a year-on-year decrease of 20.73%; basic earnings per share were 0.66 yuan

Zhitong

HLIG

HLIG: In the third quarter, the net profit attributable to the parent company was 765 million yuan, a year-on-year decrease of 20.73%

603958

HARSON announced that its revenue for the third quarter was 358 million yuan, a year-on-year increase of 140.71%; the net profit loss was 16.764 million yuan. Revenue for the first three quarters was 1.058 billion yuan, a year-on-year increase of 86.36%; the net profit loss was 18.4744 million yuan

HARSON

HARSON: Net loss of 16.764 million yuan in the third quarter

600398

300577

03998

002832

02331

China Galaxy Securities released a research report stating that technological innovation will drive the transformation and upgrading of the textile and apparel industry, meeting consumers' personalized needs. Attention should be paid to domestic sports brands such as Anta, Xtep, and LI NING in terms of their competitive advantages in outdoor scenarios; innovative supply from branded apparel such as HLA GROUP, BIEM, and BOSIDENG; as well as the performance of upstream manufacturing companies like KORRUN and HLIG in terms of international layout and scale effects

HLA GROUP

KORRUN

BOSIDENG

BIEM

LI NING

China Galaxy Securities: Segmented demand leads to new supply, apparel consumption welcomes new opportunities

HARSON plans to acquire a 45% stake in its controlling subsidiary Dongtai Hongyu for 27 million yuan, increasing its shareholding from 55% to 100% after the transaction. Dongtai Hongyu is mainly responsible for the company's online leather shoe sales business, and the scope of consolidated financial statements will remain unchanged after the transaction

HARSON plans to spend 27 million yuan to acquire a 45% stake in its controlling subsidiary Dongtai Hongyu

On October 22nd, HARSON stated on the interactive platform that its secondary holding subsidiary, HARSON Weite, has successfully completed pilot testing of titanium alloy powder products produced using NPA technology and TPR technology. These products can be applied in the 3D printing and MIM industries

HARSON: Titanium alloy powder products have successfully passed pilot testing

02020

ADDYY

Guosen Securities released a research report indicating that in the third quarter of 2025, the overall growth of the online platform in the sports and outdoor industry will accelerate, with prices showing a trend of differentiation. The high-end segment coexists with classic mass-market styles, and brands need to meet new demands to achieve both sales and profit growth. Looking ahead to the fourth quarter, the peak season for the industry is approaching, and brand marketing and new product launches will impact market performance. The growth rate of sports shoes is rebounding, and the outdoor category is achieving double-digit growth, but the prices of sports apparel mainly come from segmented categories. International brand Nike is facing adjustments, while Adidas has seen significant sales growth. Local brands have received positive feedback in the new product market

Nike

ANTA SPORTS

Adidas

Guotai Junan Securities: The overall growth of the sports and outdoor sector in Q3 2025 remains strong, with a clear trend of structural polarization

Shenwan Hongyuan released a research report stating that from January to August 2023, China's retail sales of clothing, footwear, hats, and textiles reached 940 billion yuan, a year-on-year increase of 2.9%, indicating a mild recovery trend. The essential nature of sports consumption, combined with the outdoor craze, has driven high prosperity in the sports sector. Although textile manufacturing is affected by U.S. tariff policies in the short term, high-quality domestic brands are expected to welcome reversal opportunities. Investors are advised to pay attention to medium- and long-term positive factors

Shenwan Hongyuan: The recovery of domestic demand in the textile and apparel sector is resilient, and the outdoor boom is nurturing structural opportunities

According to the Qichacha APP, recently, Zhongke Zhongcheng Supply Chain Management Co., Ltd. was established with a registered capital of 100 million yuan. The business scope includes the research and development of intelligent robots; sales of intelligent robots; development of artificial intelligence application software; development of artificial intelligence theory and algorithm software; and artificial intelligence public data platforms, among others. Qichacha's equity penetration shows that the company is jointly held by HARSON and others

HARSON and others establish a supply chain management company including AI and robotics business

According to the Zhitong Finance APP, HLIG announced that the company's controlling shareholder Junyao Group Limited (referred to as "Hong Kong Junyao") plans to reduce its holdings of the company's shares through block trades within three months after the announcement of the reduction plan (from October 14, 2025, to January 13, 2026), not exceeding 17.505 million shares (accounting for 1.5% of the company's total share capital). During this period, no reduction will occur if a legal or regulatory window period is encountered

HLIG's controlling shareholder plans to reduce its holdings by no more than 1.5%

603116

Zhejiang RED DRAGONFLY Footwear Co., Ltd. announced that it used RMB 30 million of idle raised funds to purchase financial products with a term of 88 days and an annualized yield of 1.83%. The product matured on September 9, yielding a return of RMB 132,361.64, which met expectations. The company's board of directors approved the investment on April 27, 2025, and the shareholders' meeting approved it on May 19. The principal and interest have now been returned to the raised funds account

RED DRAGONFLY

Zhejiang RED DRAGONFLY redeemed 30 million yuan of idle fundraising financial products upon maturity, with earnings exceeding 130,000 yuan

The China Securities Convertible Bond Index opened up 0.09%. Yunjizhuan Bond rose 5.8%, while Xinru Bond, Tianchuang Bond, and Bo 23 Bond rose over 2%; Zhonglu Bond fell 11%, Dongjie Bond fell 3%, and Lushan Bond fell 2.2%

Footwear(IN40156.SH)

Topscore Fashion's Share Trade To Resume December 29

Trading In Topscore Fashion's Shares To Halt Pending Ownership Change

HLIG: In the third quarter, the net profit attributable to the parent company was 765 million yuan, a year-on-year decrease of 20.73%

HARSON: Net loss of 16.764 million yuan in the third quarter

China Galaxy Securities: Segmented demand leads to new supply, apparel consumption welcomes new opportunities