05:00 ET Neuer Bericht von BCG und Vestiaire Collective enthüllt globale Trends, die den Wiederverkaufsmarkt neu gestalten

A new report by Boston Consulting Group (BCG) and Vestiaire Collective reveals that the secondhand fashion and luxury goods market is projected to reach $360 billion by 2030, growing three times faster than the new goods market. The report highlights that resale items already make up 28% of wardrobes, with affordability being the main motivator for consumers. Generation Z leads in resale participation, and digital product passports are emerging as a key tool for enhancing trust and authenticity in the resale market.

TIMES: The transfer of shares through agreement has completed the registration procedures, and the Guangzhou State-owned Assets Supervision and Administration Commission has become the actual controller of the company

TIMES announced that its controlling shareholder Rugao Xintai Investment Co., Ltd. has signed a share transfer agreement with Guangzhou Light Industry and Trade Group Co., Ltd. to transfer 29.99% of its shares. The share transfer was completed on September 22, 2025, with Guangzhou Light Industry Group becoming the controlling shareholder and the Guangzhou State-owned Assets Supervision and Administration Commission becoming the actual controller

TIMES hit the daily limit down during trading, performing a "Heaven and Earth Board," currently reported at 36.14 yuan, with a transaction amount of 70.6321 million yuan

TIMES: There are signs of market sentiment overheating in stock trading, which may lead to irrational trading behavior

TIMES issued a statement pointing out that there are abnormal fluctuations in its stock trading, with market sentiment being overly heated, which may lead to irrational trading behavior and significant trading risks. The company emphasized that, aside from changes in controlling rights, there are no undisclosed major matters, and reminded investors to pay attention to secondary market risks, make rational decisions, and invest cautiously

TIMES: The company's control rights are expected to change, posing a risk of a significant rise in stock prices followed by a decline

TIMES announced that the company's stock trading price has increased by more than 20% for two consecutive trading days, which constitutes abnormal volatility. The company and its controlling shareholders have not disclosed any significant matters, and the latest price-to-earnings ratio differs greatly from the industry, posing a risk of irrational trading. The company's control rights are expected to change, and the outcome remains uncertain