Summary of Conference Call on Home Appliance Industry Industry Overview - The conference call primarily discusses the home appliance industry in the context of recent government policies aimed at boosting consumer spending in 2025 [2][3][12]. Key Points and Arguments 1. **Government Policies**: The Chinese government has introduced measures to stabilize the stock and real estate markets, increase minimum wage standards, and allocate 300 billion yuan for long-term mergers and acquisitions to support home appliance subsidies [2][4]. 2. **Support for Home Appliance Sector**: The home appliance industry will receive 300 billion yuan in special government bonds in 2025, doubling the amount from 2024, with the addition of four new product categories [2][4]. 3. **Market Performance**: The home appliance sector showed strong performance in January and February 2025, with air conditioning installation growth rates of 6%-8%, surpassing the normal growth of 3%-5% [5][7]. 4. **Sales Improvement**: March 2025 saw significant month-on-month sales improvements, aided by effective two-wheeler subsidies, with average subsidies ranging from 600 to 800 yuan [5][6]. 5. **Price Increases**: There has been a noticeable increase in the price range for standard products, with prices rising by approximately 10%-20% [6][12]. 6. **Performance of Leading Companies**: Major white goods companies like Midea are expected to achieve double-digit growth in Q1 2025, indicating positive consumer sentiment and stable end-consumer demand [7][9]. 7. **Valuation Insights**: Midea has the highest certainty in performance, while Gree Electric and Hisense have significant potential for valuation recovery, with Gree's valuation currently below 7 times earnings [9][11]. 8. **Investment Recommendations**: The call suggests actively investing in leading white goods companies due to their strong performance and recovery potential, particularly Midea, Gree, and Hisense [9][12]. 9. **Two-Wheeler Market Growth**: Leading two-wheeler companies like Yadea and Aima are projected to grow by 25%-30% in 2025, benefiting from new policies and market conditions [10][15]. 10. **Consumer Confidence**: The introduction of consumer promotion policies is expected to restore consumer confidence, positively impacting spending and market dynamics [12][16]. Other Important Insights - **Long-term Growth Potential**: The home appliance and two-wheeler industries are seen as relatively mature, with stable market structures and continuous performance growth expected [11][12]. - **Focus on Innovation**: Companies like Anker Innovations are highlighted for their strong global presence and AI product development, indicating a trend towards technological advancement in the industry [13][14]. - **Market Trends**: The call emphasizes the importance of monitoring consumer sentiment and market conditions, as these factors will significantly influence investment strategies in the home appliance sector [12][16]. This summary encapsulates the key insights and recommendations from the conference call regarding the home appliance industry and its investment landscape for 2025.

Financial Performance - The company's operating revenue for Q3 2024 was ¥21,937,415,143.08, a decrease of 0.08% compared to the same period last year[3] - Net profit attributable to shareholders was ¥777,159,401.39, down 16.29% year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥586,117,603.68, a decline of 26.67% compared to the previous year[3] - Total operating revenue for Q3 2024 reached CNY 70.58 billion, an increase of 8.6% compared to CNY 64.90 billion in Q3 2023[14] - Net profit attributable to the parent company for Q3 2024 was CNY 1.42 billion, compared to CNY 1.25 billion in Q3 2023, marking a growth of 13.6%[14] - The total operating profit for Q3 2024 was approximately CNY 4.57 billion, an increase from CNY 4.45 billion in Q3 2023, reflecting a growth of about 2.6%[15] - Net profit attributable to shareholders of the parent company reached CNY 2.79 billion, up from CNY 2.43 billion in the same period last year, representing an increase of approximately 15.1%[15] - The total comprehensive income for Q3 2024 was CNY 4.06 billion, compared to CNY 3.99 billion in Q3 2023, indicating a growth of about 1.9%[15] Assets and Liabilities - Total assets at the end of the reporting period reached ¥68,561,423,626.50, an increase of 3.97% from the end of the previous year[3] - The total assets of the company increased to CNY 68.56 billion in Q3 2024, up from CNY 65.95 billion in Q3 2023, representing a growth of 3.4%[13] - The total liabilities rose to CNY 50.24 billion in Q3 2024, compared to CNY 46.55 billion in Q3 2023, indicating an increase of 7.3%[13] Shareholder Information - Shareholders' equity attributable to the parent company was ¥14,791,920,303.42, up 8.92% year-on-year[3] - The total number of common shareholders at the end of the reporting period is 28,738[8] - Qingdao Hisense Air Conditioning Co., Ltd. holds 37.28% of shares, totaling 516,758,670 shares[9] - The company has a total of 33.11% shares held by Hong Kong Central Clearing Limited (agent), totaling 458,957,527 shares[9] - The company has a total of 0.98% shares held by the National Social Security Fund 101 Portfolio, totaling 13,590,932 shares[9] Cash Flow - The net cash flow from operating activities for the year-to-date was ¥5,207,590,143.69, down 40.15% year-on-year[7] - Cash flow from operating activities amounted to CNY 61.62 billion, an increase from CNY 56.52 billion in the previous year, showing a growth of approximately 9.4%[17] - Cash flow from investing activities resulted in a net outflow of CNY 1.25 billion, an improvement from a net outflow of CNY 8.86 billion in the same period last year[17] - Cash flow from financing activities showed a net outflow of ¥4,518,823,224.07, primarily due to increased repayments of loans and stock buybacks[7] - Cash flow from financing activities showed a net outflow of CNY 4.52 billion, compared to a net outflow of CNY 0.18 billion in Q3 2023, indicating a significant increase in cash outflow[18] Expenses - The basic and diluted earnings per share were both ¥0.57, a decrease of 17.39% compared to the same period last year[3] - Research and development expenses for Q3 2024 were CNY 2.47 billion, significantly higher than CNY 1.92 billion in Q3 2023, reflecting a year-on-year increase of 28.8%[14] - The company reported a decrease in tax expenses to CNY 319.76 million in Q3 2024 from CNY 446.45 million in Q3 2023, a reduction of 28.4%[14] Current Assets - The total current assets amount to 49,243,705,036.80 RMB, an increase from 45,139,919,481.27 RMB at the beginning of the period[11] - Cash and cash equivalents decreased to 4,760,576,869.76 RMB from 4,939,273,198.62 RMB[11] - Trade receivables increased to 10,221,764,046.37 RMB from 9,225,321,882.07 RMB[11] - Inventory decreased to 5,645,993,412.86 RMB from 6,774,603,438.00 RMB[11] - Long-term equity investments increased to 1,837,045,383.94 RMB from 1,671,365,117.46 RMB[11] - The company reported a significant increase in trading financial assets to 15,540,453,733.72 RMB from 13,192,025,535.87 RMB[11] Other Comprehensive Income - The company experienced a decrease in other comprehensive income, with a net amount of CNY -105.39 million compared to CNY 24.03 million in the previous year[15]

Financial Performance - The operating revenue for the third quarter of 2024 was RMB 21,937,415,143.08, representing a decrease of 0.08% compared to the same period last year[4]. - The net profit attributable to shareholders was RMB 777,159,401.39, down 16.29% year-on-year[4]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 586,117,603.68, a decrease of 26.67% compared to the previous year[4]. - The basic earnings per share for the quarter was RMB 0.57, reflecting a decline of 17.39% year-on-year[4]. - The weighted average return on equity was 5.37%, down 1.94 percentage points from the previous year[4]. Assets and Equity - The total assets at the end of the reporting period amounted to RMB 68,561,423,626.50, an increase of 3.97% from the end of the previous year[4]. - The equity attributable to shareholders was RMB 14,791,920,303.42, up 8.92% compared to the end of the previous year[4]. Cash Flow - The net cash flow from operating activities for the year-to-date was RMB 5,207,590,143.69, showing a significant decrease of 40.15% year-on-year[4]. - Cash flow from operating activities decreased by 40.15% to approximately ¥5.21 billion, influenced by inventory stocking patterns and increased performance bonuses[8]. - Cash received from other investment activities increased by 84.39% to approximately ¥25.62 billion, mainly due to the maturity of financial products[8]. - Cash flow from financing activities showed a net outflow of approximately ¥4.52 billion, primarily due to loan repayments and stock buybacks[8]. Receivables and Investments - Accounts receivable decreased by 32.23% to approximately ¥502.63 million due to a reduction in commercial acceptance bills[7]. - Financing receivables increased by 30.14% to approximately ¥6.04 billion, primarily due to an increase in bank acceptance bills[7]. - Other receivables surged by 167.59% to approximately ¥390.15 million, mainly due to increased dividend receivables from subsidiaries[7]. - Investment properties rose by 51.74% to approximately ¥270.07 million, attributed to an increase in apartments rented out by subsidiaries[7]. Shareholder Information - The total number of common shareholders at the end of the reporting period was 28,738, with the top ten shareholders holding significant stakes[9]. - Qingdao Hisense Air Conditioning Co., Ltd. held 37.28% of shares, while Hong Kong Central Clearing (Agent) Ltd. held 33.11%[9]. - The controlling shareholder, Hisense (Hong Kong) Co., Ltd., holds 124.45 million H shares, accounting for 8.98% of the total shares of the company[11]. - There were no changes in the participation of major shareholders in the securities lending business compared to the previous period[12]. Corporate Governance - The company has not made any retrospective adjustments or restatements of previous years' accounting data[3]. - The company’s board of directors includes six executive directors and three independent non-executive directors as of the announcement date[13]. Future Plans - The company plans to continue expanding its investment in long-term assets, as indicated by a 64.29% increase in cash paid for fixed assets and intangible assets[8].

Market Performance - In the first half of 2024, the central air conditioning market in China saw a decline of 5% in overall market capacity, with multi-split systems accounting for nearly 50% of the market share [5]. - The retail volume of the air conditioning market decreased by 10.8% year-on-year, while the retail value dropped by 13.7% in the same period [6]. - The domestic refrigerator market experienced a retail volume increase of 0.8% and a retail value increase of 0.4% in the first half of 2024 [7]. - The washing machine market saw a retail volume growth of 6.2% and a retail value growth of 3.8% in the first half of 2024 [8]. - The export volume of refrigerators increased by 23%, washing machines by 22%, and air conditioners by 30% in the first half of 2024 compared to the previous year [12]. Smart Home Appliances - The smart home appliance market showed significant growth, with retail sales of smart major appliances, smart kitchen appliances, and smart environmental appliances increasing by 5.3%, 4.8%, and 15.7% respectively [11]. - The penetration rate of offline fresh air air conditioners reached 8.6%, marking a year-on-year increase of 0.6% [6]. - The online retail volume of refrigerators on Douyin e-commerce grew by 52.5% year-on-year, indicating a rapid growth in new online channels [7]. - The demand for embedded refrigerators has been increasing, with offline retail volume penetration rising from 9.5% in 2021 to 37.8% in 2024 [7]. Financial Performance - The company's revenue for the reporting period reached ¥48.64 billion, a year-on-year increase of 13.27% compared to ¥42.94 billion in the same period last year [43]. - Net profit attributable to shareholders was ¥2.02 billion, reflecting a significant year-on-year growth of 34.61% from ¥1.50 billion [43]. - The company achieved a 48% year-on-year revenue growth in the high-end product series during the first half of 2024, with 383 new experiential zones established [30]. - The company's gross margin improved by 2.5 percentage points year-on-year in the first half of 2024 [29]. - The company reported a significant increase in R&D expenses, totaling CNY 1.64 billion, which is a 32.2% rise from CNY 1.24 billion in the previous year [116]. Operational Efficiency - The company improved manufacturing efficiency, with a 5.3% year-on-year increase in UPPH and a 4.4% reduction in manufacturing costs per unit [29]. - The company’s inventory turnover improved by 12% in the first half of 2024, enhancing capital efficiency [29]. - The company has automated operations, replacing over 1,700 positions, and improved labor costs by 11% year-on-year [39]. - The company aims to improve operational efficiency and reduce costs in the upcoming quarters [125]. Research and Development - The company is transitioning from a compressor supplier to a comprehensive thermal management system supplier for new energy vehicles, with continuous improvements in product development [27]. - The company has established over 20 provincial and national-level technology innovation platforms, including a national-level enterprise technology center and a post-doctoral research workstation [68]. - The company has achieved international leadership in noise control technology for household air conditioners, enhancing user experience [69]. - The company has been actively involved in the research and development of smart home solutions, enhancing its product offerings in the HVAC and home appliance sectors [132]. Market Expansion and Strategy - The company plans to enhance its global supply chain and expand overseas markets, focusing on integrating R&D centers and local business operations [42]. - The company aims to leverage its strong capital reserves for potential acquisitions to enhance its market share [132]. - The company is exploring potential mergers and acquisitions to strengthen its market position [125]. - The market expansion strategy includes targeting emerging markets, which is expected to contribute to a 25% increase in overall sales [128]. Shareholder and Governance - The company has a total of 25,399 shareholders as of June 30, 2024 [87]. - The company repurchased 13,915,968 shares from January 17, 2024, to July 23, 2024, accounting for 1.00% of the total share capital, with a total transaction amount of RMB 343,418,332.75 [96]. - The company has adopted a 2024 A-share employee stock ownership plan involving up to 13,916,000 shares, with 735,918 A-shares available for future grants [102]. - The company confirmed that all directors and supervisors adhered to the securities trading code during the reporting period [95]. Risks and Challenges - The company faces risks from macroeconomic fluctuations, rising costs, trade protectionism, and exchange rate volatility [74]. - The company reported a decrease in cash and cash equivalents by RMB 127,424,266.33, compared to an increase of RMB 138,885,445.53 in the previous year, indicating cash flow challenges [47]. - The company has not engaged in any asset or equity acquisitions or disposals during the reporting period [76]. Accounting and Financial Reporting - The financial statements are prepared in accordance with Chinese accounting standards [107]. - The group follows the principle of materiality in preparing and disclosing financial statements [139]. - The group recognizes revenue when control of goods or services is transferred to customers, primarily through sales of products [198]. - The group assesses credit risk for financial assets at each reporting date to determine if there has been a significant increase in credit risk since initial recognition [161].

Financial Performance - The company's revenue for the first half of 2024 reached ¥48.64 billion, representing a year-on-year increase of 13.27% compared to ¥42.94 billion in the same period last year[11]. - The net profit attributable to shareholders increased by 34.61% to ¥2.02 billion, up from ¥1.50 billion in the previous year[11]. - The net profit after deducting non-recurring gains and losses rose by 34.82% to ¥1.70 billion, compared to ¥1.26 billion in the same period last year[11]. - The basic earnings per share rose by 35.78% to ¥1.48, up from ¥1.09 in the same period last year[11]. - The total operating revenue for the first half of 2024 reached ¥48.64 billion, an increase of 13.5% compared to ¥42.94 billion in the same period of 2023[146]. - Net profit for the first half of 2024 was ¥3.03 billion, up 21.9% from ¥2.49 billion in the first half of 2023[147]. - The company's operating profit increased to ¥3.36 billion, representing a growth of 20.9% from ¥2.78 billion in the previous year[147]. - The total profit for the first half of 2024 was ¥3.50 billion, an increase of 18.3% from ¥2.96 billion in the first half of 2023[147]. Cash Flow and Investments - The net cash flow from operating activities was ¥2.10 billion, a decrease of 44.91% from ¥3.81 billion in the previous year[11]. - Cash inflows from operating activities amounted to CNY 38,661,525,910.61, up from CNY 35,178,301,202.15 in the first half of 2023, indicating a growth of about 7.1%[150]. - The net cash flow from operating activities decreased to CNY 2,099,973,482.47, down from CNY 3,812,044,169.34 in the previous year, reflecting a decline of approximately 45.0%[151]. - Cash inflows from investment activities totaled CNY 15,132,625,993.90, significantly higher than CNY 8,037,634,541.84 in the first half of 2023, marking an increase of about 88.5%[151]. - The net cash flow from investment activities improved to CNY 493,052,678.68, a recovery from a negative cash flow of CNY 4,588,662,285.55 in the same period last year[151]. - The ending balance of cash and cash equivalents was CNY 2,749,716,134.21, slightly up from CNY 2,617,231,520.93 at the end of the first half of 2023[151]. Market Trends and Performance - The overall market capacity of the central air conditioning sector is expected to decline by 5% year-on-year in the first half of 2024, with multi-split systems accounting for nearly 50% of the market share[17]. - The retail volume of the air conditioning market decreased by 10.8% year-on-year, while retail value fell by 13.7% in the first half of 2024[18]. - The domestic refrigerator market saw a retail volume increase of 0.8% and a retail value increase of 0.4% year-on-year in the first half of 2024[19]. - The washing machine market experienced a retail volume growth of 6.2% and a retail value growth of 3.8% year-on-year in the first half of 2024[20]. - The kitchen appliance market's retail volume grew by 0.5%, but retail value declined by 2.3% year-on-year in the first half of 2024[21]. - Global automobile sales reached 43.9 million units in the first half of 2024, marking a year-on-year increase of 3.46%, with new energy vehicle sales growing by 21%[22]. Product Development and Innovation - The company plans to continue enhancing the intelligence and digitalization of home appliances while advancing its globalization strategy[16]. - The company launched the first domestic integrated 5G air conditioning and heating product, which combines air conditioning, underfloor heating, fresh air, and humidification systems, receiving over 100 pre-orders in the initial month[28]. - The company launched the new generation commercial multi-split M3 series, achieving pre-sales breakthroughs in various applications such as cold storage and dehumidification[29]. - The ECO-B smart building and energy management system won the "Innovative Product" award at the 2024 China Refrigeration Exhibition, achieving over 30% energy savings[30]. - The company's Hi-Power energy products, part of a detailed system with heat pumps and home appliances, showed significant advantages in energy savings and maintenance convenience[30]. Strategic Initiatives and Market Expansion - The company plans to enhance overseas market development, aiming for rapid growth in international business through global talent supply chain and local integration[58]. - The company achieved a 338% sales increase in the second quarter through innovative online and offline marketing strategies, particularly via Douyin[38]. - The company has established a comprehensive brand matrix with eight brands, enhancing its market presence and brand recognition globally[65]. - The company expanded its store network by adding 3,408 new points, with Tmall's premium channel revenue growing by 20.1%[54]. Environmental and Social Responsibility - The company emphasizes its commitment to long-termism and ESG principles to achieve steady growth in performance[16]. - The company has established 7 national-level "green factories" and 2 "zero carbon factories" as part of its commitment to sustainable development[102]. - The company has actively responded to the "dual carbon" strategy, contributing to carbon peak and carbon neutrality goals[103]. - The company has engaged in significant community activities, including planting thousands of trees in the Gobi Desert as part of its green initiatives[105]. - The company has expanded its old-for-new appliance program to cover 300 models across various categories, including air conditioners, refrigerators, and washing machines, enhancing consumer convenience and promoting energy-saving products[104]. Compliance and Governance - The company has maintained compliance with all regulatory requirements, with no violations or penalties reported during the period[108]. - The company did not engage in speculative or hedging derivative investments during the reporting period[81][82]. - The company has not provided any external guarantees during the reporting period, with a total approved external guarantee amount of 0[121]. - The company has no significant litigation or arbitration matters reported during the reporting period, indicating a stable legal standing[108].

1 | 上市公司名称：海信家电集团股份有限公司 | | | | | | | | | | 单位：人民币万元 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占 | 资金占用方 | 占用方与上市 | 上市公司核算的 | 2024年1-6月占用 | 2024年1-6月占 | 2024年1-6 月占用资 | 2024年1-6月 | 2024年期末 | 占用形成 | | | | | 公司的关联关 | | | 用累计发生金 | | 偿还累计发 | 占用资金余 | | 占用性质 | | 用 | 名称 | | | | | | | | 原因 | | | | | 系 | 会计科目 | 资金余额 | 额（不含利息） | 金的利息 (如有） | 生金额 | 额 | | | | 不适用 | 不适用 | 不适用 | 不适用 | | | | | | 不适用 | 不适用 | | 小计 | - | - | - | - | - | - | - | - | - | - | | 总计 | - | - | - | - | - | - | - | ...

Financial Performance - Total operating revenue for the first half of 2024 reached RMB 48.64 billion, a 13.5% increase from RMB 42.94 billion in the same period of 2023[6]. - Total operating costs increased to RMB 46.21 billion, up 14.1% from RMB 40.47 billion year-over-year[7]. - Operating profit for the first half of 2024 was RMB 3.36 billion, representing a 20.9% increase compared to RMB 2.78 billion in the first half of 2023[7]. - Net profit for the first half of 2024 was RMB 3.03 billion, a 21.9% increase from RMB 2.49 billion in the same period of 2023[7]. - Basic earnings per share for the first half of 2024 were RMB 1.48, compared to RMB 1.09 in the first half of 2023, reflecting a 36% increase[8]. - The company's profit for the period was RMB 3.50 billion, compared to RMB 2.96 billion in the previous year, marking a growth of 17.9%[14]. - Net profit attributable to shareholders was ¥2,015,831,383.14, reflecting a growth of 34.61% from ¥1,497,562,724.59 year-on-year[73]. Assets and Liabilities - As of June 30, 2024, the total assets of Hisense Home Appliances Group amounted to RMB 70.72 billion, an increase from RMB 65.95 billion as of January 1, 2024, representing a growth of approximately 7.5%[4]. - The total current assets reached RMB 49.93 billion, up from RMB 45.14 billion, indicating a growth of about 10.5%[4]. - The total liabilities increased to RMB 51.71 billion from RMB 46.55 billion, which is an increase of about 11.6%[5]. - The company's equity attributable to shareholders reached RMB 14.16 billion, up from RMB 13.58 billion, showing a growth of approximately 4.3%[5]. - The company's debt-to-asset ratio as of June 30, 2024, is 73.12%, slightly down from 73.38% on June 30, 2023[85]. Revenue Breakdown - The company's main business income was RMB 43.53 billion, up from RMB 38.70 billion year-on-year, reflecting a growth of 12.3%[20]. - Domestic revenue for the first half of 2024 was RMB 25.33 billion, compared to RMB 24.47 billion in the same period of 2023, indicating a growth of 3.5%[16]. - Overseas revenue increased significantly to RMB 18.21 billion, up 28.0% from RMB 14.24 billion year-on-year[16]. - The overseas white goods business generated revenue of 14.78 billion yuan, a year-on-year increase of 36.91%[61]. Market Trends - The domestic central air conditioning market saw a 5% decline in overall market capacity in the first half of 2024, indicating a shift from growth to upgrading in the industry[32]. - The retail volume of the home air conditioning market decreased by 10.8% year-on-year in the first half of 2024, with retail sales value down by 13.7%[33]. - The domestic refrigerator market experienced a retail volume increase of 0.8% and a retail value increase of 0.4% in the first half of 2024, indicating a slight recovery in demand[35]. - The washing machine market in China saw a retail volume increase of 6.2% year-on-year, with retail sales growing by 3.8%[36]. - The kitchen appliance market experienced a retail volume growth of 0.5% year-on-year, but retail sales declined by 2.3%[37]. Research and Development - Research and development expenses rose to RMB 1.64 billion, up 32.2% from RMB 1.24 billion in the first half of 2023[7]. - The company is actively involved in the development of new technologies and products, enhancing its competitive edge in the market[96]. - The company aims to enhance operational quality by focusing on user needs, strengthening R&D capabilities, and optimizing sales structure[82]. Strategic Initiatives - The company has plans for market expansion and new product development, although specific figures were not disclosed in the report[2]. - The company is focusing on energy-saving renovation projects as a new development opportunity in the central air conditioning sector, driven by government initiatives[32]. - The company is committed to advancing its manufacturing strategy, enhancing lean production systems, and improving automation levels across factories[72]. - The company is poised for future growth, leveraging its strong market position and innovative product pipeline[96]. Shareholder Returns - The company approved a final dividend of RMB 10.13 per 10 shares for the year ending December 31, 2023, totaling approximately RMB 1.4 billion distributed to shareholders[31]. - The company did not declare an interim dividend for the reporting period, consistent with the previous year[31]. Risks and Challenges - The company faces risks from macroeconomic fluctuations and rising costs of raw materials, which could impact consumer demand for home appliances[81]. - The company faced risks from rising labor and shipping costs, which could negatively impact profitability[82]. Operational Efficiency - The company improved manufacturing efficiency, with a 2.3% year-on-year reduction in absolute work hour losses and a 10% improvement in accounts receivable turnover[58]. - The company improved its inventory turnover days by 6.5% year-on-year, enhancing supply chain efficiency amid increasing credit risks[71].

2、会议召开的时间、地点和方式 股票代码：000921 股票简称：海信家电 公告编号：2024-069 海信家电集团股份有限公司 第十二届董事会 2024 年第三次临时会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、董事会会议召开情况 1、会议通知的时间和方式 海信家电集团股份有限公司（「本公司」）董事会于 2024 年 7 月 30 日以通讯方式向 全体董事发出召开第十二届董事会 2024 年第三次临时会议的通知。 （1）会议于 2024 年 8 月 2 日以现场结合通讯方式召开。 （2）董事出席会议情况 会议应到董事 9 人，实到 9 人。 3、会议的召开及表决符合《公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 经与会董事认真审议，会议形成以下决议： （一）审议及批准关于选举徐国君先生为本公司第十二届董事会审计委员会主席 的议案》（任期至本公司第十二届董事会届满）。 表决情况：同意 9 票，反对 0 票，弃权 0 票。 （二）审议及批准关于选举徐国君先生为本公司第十二届董事会提名委员会委员 的议案》（任期至本公司第十二届董事 ...

[Table_MainInfo] 公司研究/家用电器与器具/家用电器 证券研究报告 海信家电（000921）公司研究报告 2024年06月04日 [Table_InvestInfo] 首次 治理持续优化，业绩端表现优异 投资评级 优于大市 覆盖 股票数据 [Table_Summary] 0[6Ta月b0le3_日S收to盘ck价I（nf元o]） 40.37 投资要点： 52周股价波动（元） 19.69-43.18 总股本/流通A股（百万股） 1387/903  公司23年度及24Q1业绩表现优异。公司23年全年收入规模856亿元，同比 总市值/流通市值（百万元） 56000/56000 增长15.5%，实现归母净利润28.4亿元，同比增长97.7%。其中Q4单季度实 相关研究 现收入207.0亿元，同比增长21.13%，实现归母净利润4.11亿元，同比增长 [Table_ReportInfo] 12.66%。公司Q4单季度收入及利润端表现优异，单季度收入增速均环比优于 Q3。24年一季度实现营收 234.86亿元，同比增长 20.87%，实现归母净利润 9.81 亿元，同比增长 59.5%，扣非净利润达 8 ...

股 票 研 究 [Table_industryInfo] 家用电器业 [ Table_Main[海I Tnaf 信bol]e 家_Ti电tle]（ 0921） [评Tab级le_：Inv est] 增持 当前价格（港元）： 33.80 出口业务高增，业绩改善再超预期 2024.05.06 海 ——海信家电 2024Q1 季报点评 [ 交Ta易bl数e_M据a rket] 外 蔡雯娟(分析师) 谢丛睿(分析师) 曲世强(研究助理) 52周内股价区间（港元） 15.48-33.80 当前股本（百万股） 1,388 公 021-38031654 021-38038437 021-38031025 当前市值（百万港元） 46,912 司 caiwenjuan024354@gtjas.co xiecongrui@gtjas.com qushiqiang028674@gtjas.co （ 证书编号 mS0 880521050002 S0880523090004 mS0 880123070132 [ Table_PicQuote] 中 本报告导读： 52周内股价走势图 国 公司 2024 年 Q1业绩超预期，出口业务贡献收 ...