轻工制造&纺织服饰行业周报：电动自行车新国标出台，出口关税风险有缓解预期

Investment Rating - The report maintains a "Neutral" rating for the light industry and textile apparel sectors [4][27] - The report recommends "Increase" ratings for specific companies: Oppein Home, Sophia, Explorer, Semir Apparel, and Guibao Pet [4][27] Core Insights - The new national standard for electric bicycles will be implemented on September 1, 2025, which includes enhanced safety requirements and is expected to benefit leading companies in the industry [3][26] - The central government has allocated 81 billion yuan for the 2025 consumption upgrade policy, which is expected to boost the home furnishing sector as it is seen as a beneficiary of the real estate cycle [4][27] - The light industry and textile apparel sectors outperformed the CSI 300 index during the week of January 13 to January 17, with the light industry gaining 3.25% compared to the index's 2.14% [20][27] Industry News - The Shouguang base of Chenming Group has gradually resumed production, indicating recovery in the paper industry [9] - The Greater Bay Area is being developed into a world fashion capital, with significant growth in the fashion industry expected [9] Company Announcements - Mountain Eagle International expects a loss of 350 million to 390 million yuan in 2024 [19] - Oppein Home anticipates a year-on-year decrease in performance of 5% to 15% for 2024 [19] Market Review - The light industry sector outperformed the CSI 300 index by 1.11 percentage points from January 13 to January 17, with notable performances in the packaging and printing sectors [20][21] - The textile and apparel sector also outperformed the CSI 300 index by 1.02 percentage points during the same period [23][24]