证券代码：600337 证券简称：美克家居 公告编号：临 2026-008 美克国际家居用品股份有限公司 2026 年度担保计划公告 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。 重要内容提示： | 被担保人名称 | 本次担保金额 | 实际为其提供的 担保余额（不含 | | 是否在前期预计 | 本次担保是否 | | --- | --- | --- | --- | --- | --- | | | | 本次担保金额） | | 额度内 | 有反担保 | | 美克国际家私（天津)制造有限 | | | | | | | 公司（以下称"天津美克"） | | | | | | | 美克国际家私加工（天津）有限 | | | | | | | 公司（以下称"天津加工"） | | | | | | | 美克数创（赣州）家居智造有限 | | | | | | | 公司（以下称"美克数创"） | | | | | | | 北京美克家居销售有限公司（以 | | | | 不适用：本次为年 | | | 下称"北京销售"） | 180,000 万元 | 70,234. ...

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。 证券代码：600337 证券简称：美克家居 公告编号：临 2026-009 美克国际家居用品股份有限公司（以下称"公司"）第八届董事会第四十一 次会议于 2026 年 1 月 21 日以现场结合通讯方式召开，会议通知已于 2026 年 1 月 16 日以书面形式发出。本次会议由董事长冯陆（Mark Feng）主持，公司董事 共 8 人，参会董事 8 人，全体高级管理人员列席会议。会议召开符合《公司法》 和《公司章程》的规定。与会董事以举手表决和通讯表决相结合的方式一致通过 如下决议： 一、审议通过了《关于 2026 年度公司申请银行综合授信额度的议案》 根据公司生产经营及业务发展需要，公司拟向银行申请办理 2026 年度综合 授信业务，在银行综合授信额度内办理不超过授信总额度（或相当于此金额的外 币）的相关业务。 2026 年，公司拟申请的综合授信额度如下： 美克国际家居用品股份有限公司 第八届董事会第四十一次会议决议公告 本议案需提交至公司 2026 年第一次临时股东会进行审议 ...

证券代码：600337 证券简称：美克家居 公告编号：2026-010 美克国际家居用品股份有限公司 关于召开2026年第一次临时股东会的通知 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。 重要内容提示： 股东会召开日期：2026年2月9日 本次股东会采用的网络投票系统：上海证券交易所股东会网络投票系统 一、 召开会议的基本情况 (一) 股东会类型和届次 2026年第一次临时股东会 (二) 股东会召集人：董事会 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2026 年 2 月 9 日至2026 年 2 月 9 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时 ...

Core Viewpoint - The home furnishing industry is experiencing a wave of control changes among companies, driven by a need for restructuring due to mismatches in supply and demand, leading to a shift from scale expansion to quality competition [1][3][5]. Group 1: Control Changes - In early 2026, several home furnishing companies announced significant changes in control, including *ST Dongyi completing its restructuring and adopting a "home decoration + computing power" operational model [2][3]. - Other companies, such as Yibang Ceiling and Keli Da, are also undergoing control changes, with Yibang Ceiling's actual controller planning to transfer control to Shicheng Group's founder [3][4]. - The trend of control changes is seen as a necessary response to the industry's adjustment period and declining terminal demand, indicating a shift towards self-rescue and proactive transformation among traditional home furnishing enterprises [3][5]. Group 2: Performance Challenges - Many home furnishing companies are facing declining performance, with *ST Dongyi reporting a revenue drop of 52.02% year-on-year to 544 million yuan in the first three quarters of 2025, alongside a net loss of 58 million yuan [4]. - Other companies, such as Pinao and Yibang Ceiling, also reported significant revenue declines, with Pinao's revenue decreasing by 37.27% and Yibang Ceiling's by 20.59% in the same period [4]. Group 3: Industry Restructuring - The influx of new controlling parties is bringing cross-industry resources and strategies, with a focus on integrating AI technology into traditional business models, as seen with *ST Dongyi's new operational approach [6][7]. - The home furnishing industry is attracting new players from technology and capital sectors, which is expected to drive a transformation from product manufacturing to intelligent solution service providers [6][7]. - The ongoing control changes are accelerating industry reshuffling, concentrating advantageous resources among high-quality enterprises, while companies lacking core technology and operational capabilities face potential elimination from the market [6][7].

Core Viewpoint - The renovation and building materials sector experienced growth, closing at 17,486.43 points with a rise of 1.30% [1] Group 1: Stock Performance - Kangxin New Materials led the sector with a closing price of 4.72 CNY per share, increasing by 10.02% [1] - Sankeshu followed with a closing price of 48.38 CNY per share, also rising by 10.00% [1] - Gujia Home Furnishing closed at 33.80 CNY per share, with a rise of 7.81% [1] - Meike Home Furnishing saw a decline, closing at 2.86 CNY per share, down by 8.33% [1] - Xiong Plastic Technology closed at 10.70 CNY per share, decreasing by 4.12% [1] - Yuexin Health closed at 5.08 CNY per share, down by 2.68% [1] Group 2: Market Outlook - Huafu Securities indicated that the supply-side reform expectations and the acceleration of anti-involution may signal a turning point in the building materials capacity cycle [1] - The expectation of declining interest rates is likely to restore home buying willingness, supported by storage and urban renewal initiatives [1] - The marginal recovery in home buying willingness and capacity is expected to increase the probability of stabilization in the real estate market fundamentals, which may also drive the recovery of post-real estate cycle demand [1]

Industry Overview - The home building materials industry is experiencing a significant downturn, with many listed companies reporting declines in net profit or losses for 2025, reflecting common challenges faced across the sector [1] - The ongoing slump in the real estate market is the primary factor affecting demand for home building materials, leading to reduced engineering orders and weak retail market demand, which in turn has resulted in sales revenues falling short of expectations [1] - Intense market competition has pressured product prices, and the slow recovery of end-consumer spending has eroded gross margins for many companies [1] - Some companies have made substantial asset impairment provisions based on asset recoverability and industry outlook adjustments, further dragging down current profits [1] - Many companies are proactively implementing measures such as executive salary reductions, optimizing channels, and advancing global capacity layouts to improve efficiency [1] Company-Specific Insights - Mona Lisa (002918.SZ) expects a net profit of 45 million to 66 million yuan for 2025, a decline of 47.18% to 63.99% year-on-year, primarily due to intense competition and reduced orders from the real estate sector [3] - ILO Home (603326.SH) anticipates a net profit of 171 million to 190 million yuan for 2025, representing a year-on-year increase of 40.78% to 56.42%, driven by a differentiated brand strategy and improved retail operations [4] - Red Star Macalline (601828.SH) expects to report a loss for 2025, attributed to the ongoing downturn in the real estate market and a significant decline in rental income [4] - Jinyu Group (601992.SH) forecasts a loss of 900 million to 1.2 billion yuan for 2025, impacted by the downturn in the building materials and real estate sectors [5] - Haolaike (603898.SH) projects a net profit of 13.5 million to 20 million yuan for 2025, a decrease of 75.16% to 83.23% year-on-year, due to a sluggish home consumption market [5] - Qu Mei Home (603818.SH) expects a net loss of 110 million to 75 million yuan for 2025, with a reduction in losses compared to the previous year [6] - Songlin Technology (603992.SH) anticipates a net profit of 180 million to 210 million yuan for 2025, a decrease of 52.96% to 59.68% year-on-year, affected by macroeconomic challenges and trade tensions [6] - Meike Home (600337.SH) is also expected to report a negative net profit for 2025, influenced by macroeconomic fluctuations and insufficient market demand [7]

Core Viewpoint - The recent shutdown of Meike Home's Tianjin factories has raised significant concerns about the company's operational status and financial health, with reports of unpaid wages and ongoing losses since 2022 [2][3][5]. Group 1: Company Operations and Financial Performance - Meike Home announced the suspension of operations at its two wholly-owned subsidiaries in Tianjin due to a combination of internal and external factors, including a downturn in the real estate market and poor demand in the home furnishing industry [5]. - The company has faced substantial financial losses, with cumulative losses exceeding 1.8 billion yuan over three years, and revenue declining from 4.496 billion yuan in 2022 to 3.395 billion yuan in 2024 [3][9]. - As of September 2025, Meike Home's cash reserves were only 116 million yuan, while short-term borrowings reached 946 million yuan, indicating severe liquidity issues [11]. Group 2: Employee Issues and Labor Relations - Workers at the Tianjin factories reported being owed wages for five months prior to the shutdown, leading to dissatisfaction with the company's proposal to compensate with a mix of cash and furniture [4][5]. - The company has committed to clearing all wage arrears through a government-regulated account, but employees are still pursuing promised severance compensation [4][5]. Group 3: Management and Strategic Direction - The company's management has been criticized for being outdated, with an average age of 49 among senior executives, which may hinder its ability to adapt to market changes [13]. - Despite attempts at reform under the leadership of the founder's son, who took over as chairman in 2022, the company's performance has continued to decline [13]. Group 4: Market Challenges and Industry Context - The challenges faced by Meike Home reflect broader issues within the home furnishing industry, which is experiencing weak demand and financial pressure due to the real estate market's downturn [11]. - Other companies in the sector, such as Oppein and Kuka Home, have also reported declining performance, indicating a widespread trend [11]. Group 5: Controversial Strategic Moves - In a surprising move, Meike Home announced plans to acquire Shenzhen Wandeng Technology, aiming to diversify into the AI computing sector despite its ongoing financial struggles [20]. - This acquisition has sparked debate among investors, as it may exacerbate the company's cash flow issues while lacking relevant experience in the new industry [20].

Group 1 - The renovation and building materials sector experienced growth, closing at 17,261.91 points with an increase of 1.75% [1] - Several stocks in the renovation and building materials sector saw price increases, with Aibang Ceiling (002718) leading at 61.08 CNY per share, up 9.99% [1] - Meike Home (600337) closed at 3.12 CNY per share, with a rise of 9.86%, ranking second in the sector [1] - Kaier New Materials (300234) closed at 6.23 CNY per share, increasing by 7.79%, ranking third in the sector [1] Group 2 - Jiangshan Oupai (603208) led the decline in the sector, closing at 15.22 CNY per share with a drop of 3.85% [1] - Xilinmen closed at 21.10 CNY per share, down 2.27%, ranking second in the decline [1] - Songlin Technology (603992) closed at 42.04 CNY per share, decreasing by 2.12%, ranking third in the decline [1] Group 3 - Dongwu Securities indicated that the improvement in the market structure will become more evident due to the effects of good housing and urban renewal policies on both supply and demand [1] - The application of AI is expected to accelerate the development of smart home appliances by 2026, driven by the matching of models and computing power [1]

Group 1 - The home goods sector increased by 1.0% on January 19, with Meike Home leading the gains [1] - The Shanghai Composite Index closed at 4114.0, up 0.29%, while the Shenzhen Component Index closed at 14294.05, up 0.09% [1] - Meike Home's stock price rose by 9.86% to 3.12, with a trading volume of 1.2762 million shares and a transaction value of 381 million yuan [1] Group 2 - The home goods sector saw a net inflow of 1.465 million yuan from institutional investors, while retail investors had a net inflow of 7.796 million yuan [2] - Major stocks like Meike Home and Dream Home saw significant net inflows from institutional investors, with Meike Home receiving 65.8252 million yuan [3] - Retail investors showed a net outflow in several stocks, including Meike Home and Dream Home, indicating a mixed sentiment in the market [3]

证券之星消息，1月16日家居用品板块较上一交易日下跌0.28%，美克家居领跌。当日上证指数报收于 4101.91，下跌0.26%。深证成指报收于14281.08，下跌0.18%。家居用品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | | --- | --- | --- | --- | --- | --- | --- | | 301595 | 太力科技 | 53.55 | 10.53% | 8.67万 | | 4.58亿 | | 603216 | 梦天家居 | 49.16 | 10.00% | 7.28万 | | 3.48亿 | | 603272 | 联翔股份 | 23.17 | 7.77% | 7.39万 | | 269 T | | 301575 | 艾芬达 | 55.36 | 7.16% | 4.47万 | | 2.44亿 | | 603389 | *ST亚振 | 48.37 | 4.99% | 2.68万 | | 1.28亿 | | 001221 | 悍高集团 | 62.70 | 4.71% | 4.08万 | | 2.51亿 | | 3007 ...