海尔智家股份有限公司 （2025 年修订） 第一章 总则 第一条 为加强对海尔智家股份有限公司（以下简称"公司"或"本公司"） 董事和高级管理人员所持本公司股份及其变动的管理，做好相应的信息披露工作， 根据《中华人民共和国公司法》《中华人民共和国证券法》《上海证券交易所股 票上市规则》《上海证券交易所上市公司自律监管指引第1号——规范运作》《上 海证券交易所上市公司自律监管指引第8号——股份变动管理》（以下简称"《上 交所股份变动管理指引》"）《上市公司董事和高级管理人员所持本公司股份及 其变动管理规则》《上市公司股东减持股份管理暂行办法》《上海证券交易所上 市公司自律监管指引第15号——股东及董事、高级管理人员减持股份》《香港联 合交易所有限公司证券上市规则》、香港《证券及期货条例》及其他相关法律、 法规、规范性文件及《海尔智家股份有限公司章程》（以下简称"《公司章程》"） 的有关规定，制定本规则。 第二条 本制度适用于公司董事和高级管理人员所持公司股份及其变动的管 理。本制度所称高级管理人员，包括《公司章程》中所界定的高级管理人员，以 及任何因其职务或雇员关系而可能会接触有关于公司或其证券的内幕消息的雇 ...

海尔智家股份有限公司关于在海尔集团财务有限责任公司 存款风险的应急处置预案 （2025 年修订） 第一章 总则 第一条 为有效防范、及时控制和化解海尔智家股份有限公司（以下简称"公司"）及控股 的子公司在海尔集团财务有限责任公司（以下简称"财务公司"）存款的风险，保证资金 的安全性、流动性，根据《上海证券交易所上市公司自律监管指引第 5 号——交易与关联 交易》的规定，特制定本应急处置预案。 第二章 组织机构及职责 第二条 公司成立存款风险防范及处置工作领导小组（以下简称"领导小组"），负责组织 存款风险的防范和处置工作；领导小组下设办公室，负责实施存款风险防范及处置工作。 第三条 领导小组由公司董事长任组长，为存款风险防范及处置工作的第一责任人；财务负 责人任副组长，组员包括公司董事会秘书、财务部、证券部、内控部、法务部等部门负责 人。 第四条 领导小组办公室设在财务部，由公司财务负责人任办公室主任，成员包括财务部、 内控部、证券部等部门相关人员。负责对财务公司的经营资质、业务和风险状况进行适时 监控和评估，并视出现的风险状况，启动应急处置预案。 第五条 领导小组及办公室成员不得隐瞒、缓报、谎报公司存款情况 ...

股票简称：海尔智家 股票代码：600690 编号：临 2025-030 海尔智家股份有限公司 关于修改《公司章程》的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者 重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、主要内容 2025 年 4 月 29 日，海尔智家股份有限公司（以下简称"公司"）召开第十 一届董事会第十四次会议（会议情况详见《海尔智家股份有限公司第十一届董事 会第十四次会议决议公告》，编号：临 2025-025）、第十一届监事会第十四次会议 （会议情况详见《海尔智家股份有限公司第十一届监事会第十四次会议决议公 告》，编号：临 2025-026）审议通过了《海尔智家股份有限公司关于修改<公司 章程>的议案》，同意对《海尔智家股份有限公司章程》（以下简称"《公司章程》"） 进行修订。具体内容如下： 进一步完善公司治理，促进公司规范运作、稳健经营，根据《中华人民共和 国公司法》《中华人民共和国证券法》《上市公司章程指引》《上海证券交易所股 票上市规则》《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等 有关法律法规、规范性文件的相关要求，并结合 ...

海尔智家股份有限公司 2025 年度 H 股核心员工持股计划 （草案）摘要 2025 年 4 月 海尔智家股份有限公司 2024 年度 H 股核心员工持股计划（草案）摘要 海尔智家股份有限公司 2025 年度 H 股核心员工持股计划 （草案）摘要 特别提示 本部分内容中的词语简称与"释义"部分保持一致。 1、本计划系公司依据《公司法》《证券法》等有关法律、行政法规、规章、规 范性文件和《公司章程》等规定制定。 2、本计划遵循公司自主决定、员工自愿参加的原则，不存在摊派、强行分配等 强制员工参加本计划的情形。 3、员工持股计划的参与对象为：公司董事及高级管理人员、公司及子公司核心 技术（业务）人员。本计划的人员共计不超过 27 人。公司董事会授权管委会可根据 员工变动情况、考核情况，对参与本计划的员工名单和分配比例进行调整。 4、本计划的资金来源为公司提取的激励基金，额度为 6,300 万元。 5、本计划股票来源为通过沪港股票市场交易互联互通机制（以下简称"沪港 通"）在二级市场购买并持有公司 H 股股票。 6、本计划的存续期、锁定期、归属期 本计划存续期不超过 60 个月，自公司公告最后一笔标的股票登记至本计 ...

Haier Smart Home Co., Ltd.* 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 而產生或因依賴該等內容而引致的任何損失承擔任何責任。 2025年第一季度報告 本公告乃海爾智家股份有限公司（「本公司」）根據香港法例第571章《證券及期貨條例》 第XIVA部項下內幕消息條文及香港聯合交易所有限公司證券上市規則第13.09(2)條及 第13.10B作出。 本公司於2025年第一季度之財務數據乃根據中國企業會計準則編製並未經審計。合併 財務報表所載歸屬於母公司所有者的淨利潤及歸屬於母公司所有者權益與該等根據國 際財務報告準則編製的財務資料並無差異。 – 1 – 重要內容提示 公司董事會、監事會及董事、監事、高級管理人員保證季度報告內容的真實、準確、完整， 不存在虛假記載、誤導性陳述或重大遺漏，並承擔個別和連帶的法律責任。 公司負責人、主管會計工作負責人及會計機構負責人（會計主管人員）保證季度報告中財務 信息的真實、準確、完整。 第一季度財務報表是否經審計 □是 √否 海爾智家股份有限公司 ...

Core Insights - Haier Smart Home reported a revenue increase of 10.06% year-on-year for Q1 2025, reaching approximately 79.12 billion yuan, with a net profit growth of 15.09% to about 5.49 billion yuan [1][5] - The company is actively pursuing digital transformation in the Chinese market, focusing on digital inventory and marketing strategies, which have contributed to a 7.8% revenue growth in this segment [2][5] - The high-end brand Casarte has shown significant growth, exceeding 20%, indicating strong performance in the premium market [2][3] Chinese Market Performance - Revenue in the Chinese market grew by 7.8%, with the high-end brand Casarte being a key driver of this growth [2] - The gross margin slightly increased to 25.4%, reflecting effective cost control measures amidst rising raw material costs [2][5] - The introduction of over 60 new professional customers in the digital inventory sector and a retail sales increase of over 100% in the POP channel highlight the success of digital initiatives [2] Overseas Market Performance - Haier Smart Home's overseas revenue grew by 12.6%, showcasing effective strategies in high-end branding and localization [3] - The company is leveraging "technology + brand + digitalization" to drive product upgrades and channel innovation, aligning with industry trends towards high-end and intelligent products [3] - Significant growth was observed in North America, with double-digit increases in high-end brand revenue and triple-digit growth in emerging sectors like HVAC [6] Regional Highlights - In Europe, market share for refrigerators and washing machines has improved in countries such as Italy, France, the UK, and Spain [6] - Emerging markets in South Asia, Southeast Asia, and the Middle East and Africa have also shown rapid growth, particularly in India, Vietnam, Thailand, and Egypt, where market share has significantly increased [6]

Financial Performance - In 2024, Haier Smart Home achieved a global revenue of CNY 285.971 billion, representing a year-on-year growth of 4.3%, and a net profit attributable to shareholders of CNY 18.741 billion, up 12.9% year-on-year[11]. - The net cash flow from operating activities for 2024 was CNY 26.543 billion, which is 1.4 times the net profit[12]. - The company reported a significant increase in revenue, achieving a total of $1.5 billion, representing a 20% year-over-year growth[1]. - The company provided an optimistic outlook, projecting a revenue growth of 25% for the next quarter, aiming for $1.875 billion[3]. - The company achieved a revenue of 285.971 billion yuan in 2024, representing a 4.3% increase compared to the same period in 2023[60]. - The net profit attributable to shareholders of the parent company for 2024 was 18.741 billion yuan, an increase of 12.9% year-on-year[60]. - The adjusted operating profit for 2024 is forecasted at RMB 20,437 million, reflecting a 14.9% increase from RMB 17,793 million in 2023[173]. - The gross profit margin for 2024 was approximately 27.2%, an increase of 0.3 percentage points year-on-year[184]. Market Expansion - In the U.S. market, GE Appliances' HVAC revenue grew by 70%, and the company achieved double-digit growth in RV appliances[15]. - Haier's revenue in India surpassed USD 1 billion for the first time in 2024, with a year-on-year growth of over 30%[17]. - The company completed the acquisition of Kwikot, a leading water heater manufacturer in South Africa, to accelerate the globalization of its water industry[23]. - The company completed the acquisition of Carrier's commercial refrigeration business, expanding into retail refrigeration and cold storage, creating new growth points[25]. - The company is focused on expanding its overseas business operations, achieving notable results in management and operations[39]. - The company plans to enter three new international markets by Q3 2024[6]. - The company has expanded its manufacturing capabilities in Indonesia and Bangladesh, and the efficiency of the Egypt factory has rapidly improved since its launch in March 2024[82]. Product Innovation - The company launched new products such as the Apex oven and a new generation of stainless steel dishwashers, which received widespread recognition[15]. - The company introduced a new washing machine design that quickly pre-sold over 88,000 units within a week, showcasing its engagement with younger consumers[35]. - The company launched innovative products, including the TX refrigerator series with industry-leading preservation technology and a compact 8kg washing machine, which has significantly boosted sales[109]. - The company has successfully integrated advanced technologies from GE Appliances and others, enhancing user experience and energy efficiency in kitchen appliances[70]. - The company has introduced innovative laundry solutions, including a washing machine that combines washing, drying, and garment care[136]. Sustainability and ESG - The company launched numerous energy-saving and carbon-reducing green products globally in 2024, enhancing its commitment to sustainable development[31]. - The company was recognized as one of the "World's Best Employers" by Forbes for eight consecutive years and achieved an MSCI ESG rating upgrade to AA[32]. - Haier is committed to a "6 Green" strategy for sustainable development, integrating low-carbon and circular economy principles into its operations[161]. - The company is focusing on upgrading its smart heating and cooling solutions, enhancing its global market competitiveness in the HVAC sector[164]. Digital Transformation - The company has implemented a digital transformation strategy, enhancing operational efficiency and optimizing costs[39]. - The company aims to enhance its global supply chain resilience and efficiency by optimizing its supply chain network and establishing a diversified supplier system[168]. - The company has established a digital transformation strategy, enhancing operational efficiency and user experience, with a 24.7% conversion rate for new media marketing[110]. - The company is leveraging digital inventory systems to improve product turnover and reduce operational costs, enhancing overall business competitiveness[167]. Awards and Recognition - The company has won 17 national science and technology progress awards, with its home preservation technology recognized as the only award-winning technology in its category in 40 years[27]. - The company has received multiple awards for leadership and contributions to the home appliance industry, enhancing its brand reputation[39]. - The company has been recognized in multiple rankings, including Fortune's Global 500 and BrandZ's Top 100 Most Valuable Global Brands, highlighting its influence and leadership in the industry[142]. Strategic Acquisitions - The company completed a strategic acquisition of a tech startup for $100 million, enhancing its product offerings[7]. - The company has completed the acquisition of Electrolux's leading water heater business in South Africa, which will enhance its market presence in the region[108]. - The acquisition of the century-old South African water heater brand Kwikot expanded the company's market presence in Africa, significantly increasing brand awareness and market share[147]. Consumer Engagement - The Leader brand's market retail sales increased by 26% year-on-year in 2024, driven by innovative product design and marketing strategies targeting young consumers[26]. - The company has seen significant growth in both online and offline business revenues due to marketing channel reforms and the high-end brand strategy[39]. - A new marketing strategy was introduced, focusing on digital channels, which is expected to increase customer engagement by 30%[8]. Operational Efficiency - The company’s management expense ratio is expected to improve by 0.1 percentage points to 8.6% in 2024, benefiting from digital tools that enhance organizational efficiency[62]. - The company aims to optimize its supply chain with an agile response model, improving order response time by 13% and reducing customer capital occupation time by 7 days[111]. - The company has established a financial shared service center, pioneering a "cloud + end" financial management innovation model[42].

Core Viewpoint - The new trade-in policy, supported by a 300 billion subsidy, is reshaping three major industries: home appliances, automobiles, and consumer electronics, presenting investment opportunities for medium to long-term investors [1] Group 1: Home Appliances - The home appliance sector receives the largest subsidy, with up to 20% off for 12 product categories, capped at 2000 yuan per item. Sales surged by 23% year-on-year in the first four months of this year, with leading companies like Midea and Gree operating at full capacity [3] - High-end smart products, such as the Casarte series, have seen sales double post-subsidy, indicating a long-term trend of consumption upgrading [3] Group 2: Automotive Sector - The new energy vehicle segment is the biggest beneficiary, with a 20,000 yuan trade-in subsidy boosting sales. BYD's Han series orders exceeded 80,000 units in April [3] - The battery supply chain, including companies like CATL and Purtai, is also benefiting from this trend. The automotive aftermarket is highlighted as a promising area, with Tianqi's dismantling equipment orders extending to Q4 and Gree's battery recycling business achieving a gross margin of 28% [3] Group 3: Consumer Electronics - Although the subsidies in consumer electronics are smaller, they cover a wide range of products, including mobile phones and tablets. The Honor 90 series has over 40% of its sales through trade-in channels, and the inventory turnover days for core distributor Aishide have decreased to 15 days [3] - VR device manufacturer GoerTek has secured new orders from Meta, with expectations for Q3 performance to exceed forecasts [3] Group 4: Investment Strategy - Investment should focus on three dimensions: core leaders, supporting supply chains, and regional leaders. Recommended stocks include Midea Group and Haier Smart Home in home appliances, BYD and Top Group in new energy vehicles, and Luxshare Precision and Shenzhen South Circuit in consumer electronics [4] - Key timelines for investment include the release of home appliance energy-saving subsidy details in June, the launch of new energy vehicles in August, and the consumer electronics exhibition in November. Early positioning can capture policy-driven benefits [4] Group 5: Market Trends - The policy is expected to accelerate the concentration of the three industries. The market share of the top five companies in the home appliance sector has increased from 68% in 2019 to 79% currently, while the top ten automotive companies now hold over 92% market share [4] - The focus should be on companies with stable cash flow and a dividend yield exceeding 3% to seize structural opportunities [4]

Core Viewpoint - The event "Walking through Streets - Suning.com and Haier National Subsidy Storm Community Tour" in Tianjin aims to promote the national old-for-new policy, enhancing consumer experience and providing comprehensive home appliance renewal solutions [1][3]. Group 1: Government and Corporate Collaboration - The initiative is a response to the national old-for-new policy, showcasing a collaboration between government and enterprises to create a "zero-distance" service consumption scene [1]. - Since the implementation of the national subsidy policy in 2025, over 100,000 people in Tianjin have received old-for-new subsidy qualifications through multiple discount policies [3]. Group 2: Economic Impact - In the first quarter, Tianjin's business sector issued 730 million yuan in old-for-new subsidies, leading to the sale of 360,000 home appliances and 407,000 mobile digital products, contributing over 5.7 billion yuan to social consumption [3]. - The event aims to facilitate the implementation of subsidy policies and enhance consumer access to new green smart home appliances [3][8]. Group 3: Innovative Retail Experience - A 300 square meter "National Subsidy Renewal Service Station" was established, featuring Haier's popular home appliances for community residents to experience [5]. - The event includes personalized solutions for new and old communities, showcasing various home appliances in real-life settings [7]. Group 4: Future Plans - Suning.com plans to continue the "National Subsidy Storm Community Tour," aiming to cover at least 100 communities in Tianjin by the second quarter, enhancing the penetration of green smart home appliances [8].

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 海爾智家股份有限公司 根據《主板上市規則》第13.25C條 / 《GEM上市規則》第17.27C條，我們在此確認，據我們所知所信，第一章節所述的每項股份發行或庫存股份出售或轉讓已獲發行人董事會正式授權批准，並遵 照所有適用上市規則、法律及其他監管規定進行，並在適用的情況下： (註7) 呈交日期： 2025年4月24日 (i) 上市發行人已收取其在是次股份發行或庫存股份出售或轉讓應得的全部款項； 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 (viii) 有關債券、借貸股份、票據或公司債券的信託契約/平邊契據經已製備及簽署，有關詳情已送呈公司註冊處處長存檔（如法律如此規定）。 | 第一章節 | | | | | | | | | --- | ...