The imagery of three rams (san yang) combined with the sun or taichi symbol represents wishes for a 'new start with auspicious possibilities and chances for prosperity'.
This purse is embroidered in the style for which the city of Suzhou became famous, using exceptionally fine thread and incredible detail. Examples of such purses and related acessories are in the Qing court collection. (Fig. 1)
Another similar double-gourd-form purse is illustrated by R.D. Jacobsen, Imperial Silks, Ch'ing Dynasty Textiles in the Minneapolis Institute of Arts, vol. II, Minneapolis, 2000, p. 770, no. 358, where it is described as a tobacco pouch.