Group 1 - The core viewpoint of the article highlights that Jingu Trust is gaining increasing trust from institutional investors due to its robust operational strategy and excellent performance [2][5] - Hisense Home Appliances has entered into a financial agreement with Jingu Trust to subscribe to financial products amounting to RMB 1.739 billion, reflecting effective management of idle funds and market recognition of Jingu Trust's products [2][4] - Jingu Trust has shown continuous improvement in operational performance, with a reported revenue of RMB 1.442 billion and a net profit of RMB 559 million in 2024, achieving a return on equity (ROE) of 11.39% [4] Group 2 - In the first half of 2025, Jingu Trust achieved a total profit of RMB 602 million, ranking in the top 10 among 52 trust companies, with a net profit of RMB 450 million, successfully meeting its growth targets [4][5] - As of June 30, 2024, Jingu Trust managed assets totaling RMB 322.9 billion, a 74% increase from the beginning of the year, and wealth sales reached RMB 63.7 billion, a significant year-on-year increase of 142% [4] - Hisense Home Appliances has been actively investing in trust products, with subscriptions increasing from RMB 6.8 billion in 2023 to RMB 11.1 billion in 2024, and surpassing RMB 11 billion in 2025 [4][5]

股票代码：000921 股票简称：海信家电 公告编号：2025-066 海信家电集团股份有限公司 H 股公告-认购理财产品 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。 海信家电集团股份有限公司（「本公司」）于 2025 年 10 月 13 日在香港联合交易所有 限公司披露易网站（www.hkexnews.hk）刊登了公告。根据《深圳证券交易所股票上市规 则》关于境内外同步披露的要求，特将公告内容披露如下，供参阅。 特此公告。 海信家电集团股份有限公司董事会 2025 年 10 月 13 日 1 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而産生或 因依賴該等內容而引致的任何損失承擔任何責任。 HISENSE HOME APPLIANCES GROUP CO., LTD. 海信家電集團股份有限公司 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00921） 須予披露交易 認購理財產品 董事會宣佈，於 2025 年 5 月 27 日至 202 ...

股票代码：000921 股票简称：海信家电 公告编号：2025-065 海信家电集团股份有限公司 H 股公告-董事会会议通知 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。 海信家電集團股份有限公司（「本公司」）董事會（「董事會」）茲通告謹定於2025 年10月28日（星期二）舉行董事會會議，以處理以下事項： 承董事會命 海信家电集团股份有限公司（「本公司」）于 2025 年 10 月 13 日在香港 联合交易所有限公司披露易网站（www.hkexnews.hk）刊登了公告。根据《深 圳证券交易所股票上市规则》关于境内外同步披露的要求，特将公告内容披 露如下，供参阅。 特此公告。 海信家电集团股份有限公司董事会 2025 年 10 月 13 日 1 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份 內容而產生或因依賴該等內 容而引致的任何損失承擔任何責任。 HISENSE HOME APPLIANCES GROUP CO., LTD. 海信家電集團股份有限公司 ...

Core Viewpoint - Hisense Home Appliances (00921.HK) has announced a disclosure transaction involving multiple financial agreements with Jingu Trust, with a total subscription amount of 1.739 billion RMB for trust financial products [1] Group 1: Transaction Details - Hisense Home Appliances Group and its subsidiaries will subscribe to Jingu Trust financial products between May 27, 2025, and October 13, 2025 [1] - The total subscription amount for these agreements is 1.739 billion RMB [1] - Each agreement is categorized as fixed-income, medium-low risk financial products, with investment scope including deposits and bonds [1] Group 2: Regulatory Compliance - The combined subscription amount exceeds 5% but is below 25%, thus constituting a disclosure transaction under the listing rules [1] - The company is required to comply with the reporting and announcement regulations as per the listing rules [1] Group 3: Impact on Company Operations - The subscription of Jingu Trust financial products is expected to enhance the efficiency of the company's idle funds [1] - It will not adversely affect the company's daily operations, main business development, or the rights of small and medium investors [1] - The board believes that the subscription is fair and reasonable, aligning with the overall interests of the company and its shareholders [1]

Group 1 - Hisense Home Appliances (00921.HK) announced a board meeting scheduled for October 28, 2025, to review and approve the unaudited third-quarter results for the period ending September 30, 2025 [1] - The board meeting will also address any other matters that may arise [1] Group 2 - Hisense Home Appliances (000921.SZ) plans to acquire equity and sell assets [1]

智通财经APP讯，海信家电(00921)发布公告，于2025年5月27日至2025年10月13日期间，公司及公司的 附属公司空调营销公司、古洛尼公司及冰箱营销公司(作为认购方)订立金谷信托理财协议，以认购金谷 信托理财产品，认购金额为人民币17.39亿元。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確 性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部分內容而産生或 因依賴該等內容而引致的任何損失承擔任何責任。 HISENSE HOME APPLIANCES GROUP CO., LTD. 董事會宣佈，於 2025 年 5 月 27 日至 2025 年 10 月 13 日期間，本公司及本公司的附屬公司 空調營銷公司、古洛尼公司及冰箱營銷公司（作為認購方）訂立金谷信託理財協議，以認 購金谷信託理財產品，認購金額為人民幣 1,739,000,000 元。 本集團使用自有閒置資金支付該等金谷信託理財協議下的認購金額。 每份金谷信託理財協議本身並不構成本公司根據上市規則第 14.06 條須予披露的交易。然 而，根據上市規則第 14.22 條，當該等金谷信託理財協議下的認購金額合併計算時，相關適 用百分比率（定義見上市規則）超過 5%但低於 25%。因此，該等金谷信託理財協議下的交 易按合併計算基準構成本公司的須予披露交易，並須遵守上市規則下的申報及公告規定。 背景 本公司第十二屆董事會 2025 年第一次會議以及 20 ...

海信家電集團股份有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部份內容而產生或因依賴該等內 容而引致的任何損失承擔任何責任。 HISENSE HOME APPLIANCES GROUP CO., LTD. 中國廣東省佛山市，2025年10月13日 於本公告日期，本公司的執行董事為高玉玲女士、賈少謙先生、于芝濤先生、方 雪玉女士及代慧忠先生；本公司的獨立非執行董事為李志剛先生、蔡榮星先生及 徐國君先生；及本公司的職工代表董事為殷必彤先生。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00921） 1 1. 審議批准本公司及其附屬公司截至2025年9月30日未經審計的第三季度業 績；及 2. 處理任何其他事項（如有）。 海信家電集團股份有限公司 董事長 高玉玲 公告 董事會會議通知 海信家電集團股份有限公司（「本公司」）董事會（「董事會」）茲通告謹定於2025 年10月28日（星期二）舉行董事會會議，以處理以下事項： 承董事會命 ...

Investment Rating - The report maintains an "Outperform" rating for the industry [7] Core Insights - The report highlights a significant increase in holiday travel and consumption, with an average of 3.04 billion people traveling daily from October 1 to 8, a year-on-year increase of 6.3% [3][11] - Domestic consumption is showing steady improvement, with average daily sales in related sectors increasing by 4.5% during the holiday period, driven by strong performance in digital products, jewelry, and cultural services [3][15] - The offline performance of the entertainment sector is robust, with a 39.5% year-on-year increase in audience numbers for live performances during the holiday [3][20] Summary by Sections Holiday Consumption Trends - The report notes a rise in domestic travel, with 8.88 billion domestic trips taken during the holiday, an increase of 1.23 billion trips compared to the previous year [11][12] - The average spending per person decreased by 13% despite the increase in total expenditure, which reached 809 billion yuan [11][12] Retail and E-commerce Performance - Key retail and catering enterprises saw a 2.7% year-on-year increase in sales during the holiday [19] - E-commerce platforms experienced a surge in sales of green organic foods (up 27.9%), smart home products (up 14.3%), and domestic fashion brands (up 14.1%) [19][20] Investment Recommendations - The report suggests focusing on several sectors for potential investment, including: 1. Major appliances benefiting from trade-in programs, recommending companies like Midea Group, Haier Smart Home, and Gree Electric [4][23] 2. The pet industry, which is expected to remain resilient, with recommendations for companies like Guai Bao Pet and Zhongchong Co [4][23] 3. Small appliances and branded apparel, which may see a rebound in demand, with recommendations for companies like Bear Electric and Anta Sports [4][23] 4. Electric two-wheelers, with a strong outlook for domestic sales improvement, recommending companies like Ninebot and Yadea [4][23] Global Market Opportunities - The report emphasizes the long-term theme of international expansion, recommending companies like Ecovacs and Roborock in the cleaning appliance sector, and Midea and Haier in the major appliance sector [5][24] - It also highlights the potential for motorcycle brands to increase their market share overseas, suggesting companies like Chunfeng Power and Longxin General [5][24] Market Data - The home appliance sector saw a slight decline of 0.4% this week, with specific segments showing varied performance: white goods up 0.8%, black goods down 0.3%, and kitchen appliances down 1.0% [25]

Core Viewpoint - Hisense Home Appliances has experienced a decline in stock price and significant changes in shareholder structure, indicating potential challenges in the market and investor sentiment [1][2][3]. Stock Performance - The stock price of Hisense Home Appliances has dropped by 7.81% year-to-date, with a recent decline of 6.56% over the last five trading days [2]. - As of October 9, the stock was trading at 25.51 CNY per share, with a market capitalization of 35.328 billion CNY [1]. Financial Performance - For the first half of 2025, Hisense Home Appliances reported a revenue of 49.34 billion CNY, reflecting a year-on-year growth of 1.44%, and a net profit attributable to shareholders of 2.077 billion CNY, up by 3.01% [2]. Business Overview - Hisense Home Appliances, established in April 1997 and listed in July 1999, is primarily engaged in the manufacturing and sales of refrigerators, air conditioners, and home appliances [2]. - The company's main revenue sources are: HVAC (48.02%), washing machines (31.20%), and other segments (20.78%) [2]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 27.22% to 41,200, with an average of 0 shares per shareholder [2]. - The top circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 20.65 million shares [3].