Core Insights - Hisense Home Appliances (00921.HK) reported a revenue of 71.533 billion RMB for the first three quarters of 2025, representing a year-on-year increase of 1.35% [1] - The net profit attributable to shareholders of the listed company was 2.812 billion RMB, reflecting a year-on-year increase of 0.67% [1] - The net profit attributable to shareholders after deducting non-recurring gains and losses was 2.327 billion RMB, which is a year-on-year increase of 1.65% [1] - The basic earnings per share stood at 2.06 RMB [1]

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 第十二届董事会 2025 年第四次会议决议公告 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 （一）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」)第十二届董事会于 2025 年 10 月 13 日以 通讯方式向全体董事发出召开第十二届董事会 2025 年第四次会议的通知。 （二）会议召开的时间、地点和方式 1. 会议于 2025 年 10 月 28 日以书面议案方式召开； （三）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： 审议及批准本公司《2025 年第三季度报告》（本公司《2025 年第三季度报告》的 具体内容已于同日登载在巨潮资讯网）。 表决情况：同意 9 票，反对 0 票，弃权 0 票。 三、备查文件 经与会董事签字并加盖董事会印章的第十二届董事会2025年第四次会议决议。 特此公告。 海信家电集团股份有限公司董事会 2. 董事出席会议情况： ...

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 因倚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 28 日 海信家電集團股份有限公司 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） 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條而作出。 《海信家電集團股份有限公司第十二屆董事會 2025 年第四次會議決議公告》已刊載於 深圳證券交易所指定之信息披露網站：http://www.cninfo.com.cn，以供參閱。 承董事會命 海信家電集團股份有限公司 董事長 高玉玲 海外市場監管公告 ...

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産生或 因倚賴該等內容而引致的任何損失承擔任何責任。 2025 年第三季度報告 海信家電集團股份有限公司（「公司」）董事會（「董事會」）謹此公佈公司及附屬公司截至2025 年9月30日止三個月未經審計的業績（「2025年第三季度報告」）。本公告乃根據《證券及期貨 條例》（第571章）第XIVA部及香港聯合交易所有限公司證券上市規則第13.09條和第13.10B 條之規定作出。 一、重要提示 1. 公司董事會及董事、高級管理人員保證本報告所載資料不存在虛假記載、誤導性陳述或者 重大遺漏，並對其內容的真實、準確和完整承擔個別及連帶法律責任。 2. 公司負責人高玉玲女士、主管會計工作負責人孫長春先生及會計機構負責人（會計主管人 員）周珊女士聲明：保證季度報告中財務信息的真實、準確、完整。 3. 全體董事均出席了審議批准 2025 年第三季度報告的董事會會議。 4. 公司 2025 年第三季度財務報表未經會計師事務所審計。 5. 公司的資産負債表、利潤表、現金流量 ...

海信家电(000921.SZ)公告称，公司发布2025年第三季度报告，第三季度营收为221.92亿元，同比增长 1.16%；净利润为7.35亿元，同比下降5.40%。前三季度营收为715.33亿元，同比增长1.35%；净利润为 28.12亿元，同比增长0.67%。 ...

海信家电集团股份有限公司 2025 年第三季度报告 证券代码：000921 证券简称：海信家电 公告编号：2025-067 海信家电集团股份有限公司 2025 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 重要内容提示： 1. 董事会及董事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担 个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第三季度财务会计报告是否经过审计 □是 否 | | 本报告期 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 22,192,347,533.40 | 1.16% | 71,532,692,515.25 | 1.35% | | 归属于上市公司股东 的净利润（元） | 735,210,961.27 | -5.40% | 2,81 ...

Core Viewpoint - Hisense Home Appliances has experienced fluctuations in stock performance, with a recent increase in share price and notable changes in shareholder structure and financial performance [1][2][3]. Financial Performance - For the first half of 2025, Hisense Home Appliances reported revenue of 49.34 billion yuan, a year-on-year increase of 1.44% [2]. - The net profit attributable to shareholders was 2.08 billion yuan, reflecting a year-on-year growth of 3.01% [2]. - Cumulative cash dividends since the company's A-share listing amount to 6.964 billion yuan, with 3.823 billion yuan distributed over the past three years [3]. Stock Performance - As of October 27, the stock price of Hisense Home Appliances was 25.33 yuan per share, with a year-to-date decline of 8.46% [1]. - Over the last five trading days, the stock has increased by 1.04%, while it remained flat over the past 20 days and decreased by 1.52% over the last 60 days [1]. Shareholder Structure - As of June 30, the number of shareholders increased to 41,200, a rise of 27.22% compared to the previous period [2]. - The largest shareholders include Hong Kong Central Clearing Limited, which holds 28.22 million shares, a decrease of 20.65 million shares from the previous period [3]. - Southern CSI 500 ETF and Southern Growth Mixed A have also seen changes in their holdings, with the former increasing its stake and the latter reducing it [3]. Business Overview - Hisense Home Appliances, established on April 21, 1997, and listed on July 13, 1999, is primarily engaged in the manufacturing and sales of refrigerators, air conditioners, and home appliances [1]. - The main revenue composition includes HVAC (48.02%), washing machines and refrigerators (31.20%), and other segments (20.78%) [1].

Core Insights - The recent release of the "Top 100 Private Enterprises in Foshan" highlights the competitive landscape of private companies in the region, with Nanhai District surprisingly surpassing Shunde in the number of top enterprises, although Shunde still has more leading firms with higher brand recognition [1][2][6]. Group 1: Company Rankings - The top ten private enterprises in Foshan are led by Midea Group, with 2024 revenue and net profit reaching CNY 409.1 billion and CNY 38.5 billion respectively [1][2]. - The complete list of the top 100 private enterprises includes notable companies such as Country Garden Holdings, Hongwang Holdings, and Foshan Xinghai Copper Aluminum [2][3]. Group 2: Regional Distribution - The distribution of the top 100 private enterprises shows that Nanhai District has 40 companies, Shunde District has 37, Zhaoqing District has 14, Sanshui District has 7, and Gaoming District has 2 [1][2]. - Among the top ten enterprises, Shunde District accounts for 6, while Nanhai District has 3, and Sanshui District has 1 [1][2]. Group 3: Industry Distribution - The industry breakdown of the top ten private enterprises reveals that 6 are in manufacturing, 3 are in real estate, and 1 is in automotive services [1][2]. - The overall top 100 list reflects a diverse range of industries, indicating a robust private sector in Foshan [1][2]. Group 4: Tax Contribution Rankings - The "Top 30 Enterprises by Tax Contribution" includes Midea Group, Haitian Flavoring & Food, and Hisense Home Appliances, showcasing the significant economic impact of these companies [5][6]. - Among the top 30 contributors, 13 are located in Shunde District, 9 in Zhaoqing District, and 4 each in Nanhai and Sanshui Districts [6][7].

Summary of Key Points from the Conference Call Industry Overview - The home appliance industry is experiencing a shift in competition dynamics, particularly in the white goods sector, with a notable increase in the proportion of mid-to-high-end consumption driven by national subsidies [1][2][4] - Price competition for flow models has eased, returning to levels seen in April, likely due to the seasonal decline in air conditioning demand [1][2][4] - Consumer demand is currently weak, with a notable impact from the expiration of subsidies in various regions, particularly in the southwest and eastern areas of China [2][3] Company Performance Midea Group - Midea's revenue growth is expected to be in the high single digits, around 10%, but profit growth may lag due to the consolidation of assets [1][6] - The company demonstrates strong operational resilience, effectively managing inventory to adjust to market conditions [6] Haier - Haier's revenue growth is projected at 7%-8%, with double-digit profit growth anticipated due to channel reforms and reduced expense ratios [1][7] - The Casarte brand continues to perform well under national subsidy policies, contributing positively to profitability [7] Hisense - Hisense is expected to see slight increases in both revenue and profit, although its central air conditioning business faces challenges [1][8] - The company has experienced a rebound in installation card growth since July, indicating a stabilization in price competition [2][4] TCL - TCL's revenue is expected to remain flat compared to last year, with profit also stabilizing due to high base effects from the previous year [1][9] Hailong Cold Chain - Hailong Cold Chain's revenue is expected to match the first half of 2025, with strong growth in refrigeration and exports [1][10] Market Dynamics Mini LED Technology - The penetration rate of Mini LED technology has slightly decreased, influenced by subsidy reductions and cost adjustments in electronic modules [1][11] - Despite this, product iterations are expected to support higher selling prices [11] Small Appliances - The small appliance sector is witnessing significant growth, particularly in cleaning devices like robotic vacuums, with companies like Stone Technology reporting an 80% revenue growth and a 50% profit increase [1][14] - The kitchen small appliance market remains stable, with companies like Bear Electric projecting a 13% revenue increase, while New Bao is expected to face negative growth [1][15][16] Export Market - The export market is experiencing volatility, particularly in Europe and Latin America, with the latter entering its peak air conditioning sales season [3][5] - Chinese companies are shifting production to countries like Egypt and Thailand to mitigate tariff pressures [3][5] Future Outlook - The small appliance industry is expected to continue evolving, focusing on cost control and innovation to drive growth [1][17] - New product categories, such as washing robots, are anticipated to become significant growth drivers [17]

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） 有關關聯交易之補充公告 茲提述本公司於 2025 年 9 月 26 日刊發之公告（「該公告」），內容有關（其中包括）收購股 權之關連交易。除本公告另有界定者外，本公告所用詞彙應與該公告所界定者具有相同涵義。 董事會謹此向股東及潛在投資者提供以下有關收購事項的補充信息： 遵守上市規則 誠如該公告所披露，收購事項代價乃由股權轉讓協議各方經公平磋商後，參考目標公司的評估 價值及標的股權的持股比例而釐定。根據獨立估值師青島德銘資產評估有限公司（「獨立估值 師」）出具的評估報告（「評估報告」），採用收益法對目標公司進行評估後，目標公司股東 於評估基準日（即 2025 年 6 月 30 日）所持全部股權權益的評估值為人民幣 578,847,9 ...