Core Points - The Shanghai Composite Index is at 3869.21 points, slightly above the five-day moving average, with a change of -0.02% [1] - The total trading volume of A-shares today is 146.13 billion yuan [1] - A total of 832 A-shares have surpassed the five-day moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Mingwei Electronics (688699) has the highest deviation rate at 15.61%, with a daily increase of 20.01% and a turnover rate of 6.03% [1] - Haitong Development (603162) and Qingshan Paper (600103) follow with deviation rates of 8.63% and 8.56%, respectively, both showing daily increases of over 9% [1] - Other notable stocks with significant daily increases include Xueqi Electric (001387) at 10.04% and Huashu Holdings (000509) at 10.11% [1] Deviation Rate Rankings - The top stocks with the highest deviation rates from the five-day moving average include: - Mingwei Electronics: 15.61% - Haitong Development: 8.63% - Qingshan Paper: 8.56% [1] - Additional stocks with notable performance include: - Xueqi Electric: 8.20% - Huashu Holdings: 8.16% [1]

证券日报网讯美克家居11月25日在互动平台回答投资者提问时表示，公司在定期报中披露股东人数，截 至2025年9月30日公司股东人数为37294户。 （文章来源：证券日报） ...

Core Viewpoint - The ongoing controversy surrounding the allegations of stock manipulation involving Meike Home and individuals Yang Zhen and Xu Yafei has escalated, with both parties denying wrongdoing and accusing each other of misconduct [1][2][3]. Group 1: Allegations and Responses - Yang Zhen accused Xu Yafei of manipulating Meike Home's stock and stated that evidence would be submitted to the China Securities Regulatory Commission (CSRC) [1][2]. - Xu Yafei claimed he is a funding intermediary and accused Yang Zhen of misappropriating 26 million yuan from a funding source, suggesting that Yang fabricated the allegations to cover his own financial issues [2][3]. - Meike Home has publicly denied any involvement in stock manipulation and stated that it has never paid any guarantees or provided insider information to any individuals or organizations [4][5]. Group 2: Legal Actions and Statements - Xu Yafei announced plans to report the situation to relevant authorities, indicating that the allegations have significantly impacted his personal and professional life [4]. - Meike Home emphasized its strict management protocols and denied any association with Xu Yafei, asserting that it would take legal action against those spreading false information [4][5]. - Yang Zhen has expressed confidence in the validity of his claims and has urged Xu Yafei to report any alleged misconduct on his part to the authorities [3].

证券代码：600337 证券简称：美克家居 公告编号：2025-062 美克国际家居用品股份有限公司 关于为全资子公司提供担保的进展公告 担保对象及基本情况 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股 | 149,564.39 | | 子公司对外担保总额（万元） | | | 对外担保总额占上市公司最近一 | 54.46 | | 期经审计净资产的比例（%） | | | | 对外担保总额（含本次）超过上市公司最近一 | | | --- | --- | --- | | | 期经审计净资产 | 50% | | | □对外担保总额（含本次）超过上市公司最近一 | | | 特别风险提示（如有请勾选） | 期经审计净资产 | 100% | | | □对合并报表外单位担保总额（含本次）达到或 | | | | 超过最近一期经审计净资产 30% | | | | □本次对资产负债率超过 70%的单位提供担保 | | 一、担保情况概述 （一）担保的基本情况 公司为天津加工 1,000 万元的融资租赁业务提供连带责任担保，同时以公司 的库存商品为该业务提 ...

Group 1 - The home goods sector increased by 0.15% on November 14, with Huaci Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3990.49, down 0.97%, while the Shenzhen Component Index closed at 13216.03, down 1.93% [1] - Huaci Co., Ltd. saw a closing price of 17.04, with a significant increase of 10.01% and a trading volume of 92,500 shares [1] Group 2 - The home goods sector experienced a net outflow of 83.31 million yuan from institutional funds, while retail investors saw a net inflow of 193 million yuan [2] - The trading data indicates that major stocks like Jinpai Home and Huaci Co., Ltd. had varying levels of net inflow and outflow from different investor categories [3] - Jinpai Home had a net inflow of 39.79 million yuan from institutional investors, while Huaci Co., Ltd. experienced a net outflow of 56.26 million yuan [3]

Group 1 - The core viewpoint of the news is that Meike Home has shown a significant increase in stock price and trading activity, indicating positive market sentiment and potential investment interest [1][2]. - As of November 12, Meike Home's stock price rose by 2.07% to 2.47 CNY per share, with a total market capitalization of 3.549 billion CNY [1]. - Year-to-date, Meike Home's stock price has increased by 34.39%, with notable gains in the last five days (7.39%) and the last 60 days (18.75%) [1]. Group 2 - Meike Home's main business involves the production and sales of mid-to-high-end furniture and related products, with international wholesale home goods accounting for 53.78% of revenue and domestic retail home goods for 45.24% [1][2]. - As of September 30, the number of shareholders increased by 28.92% to 37,300, while the average circulating shares per person decreased by 22.43% to 38,531 shares [2]. - For the first nine months of 2025, Meike Home reported a revenue of 2.223 billion CNY, a year-on-year decrease of 10.10%, while the net profit attributable to shareholders was -220 million CNY, reflecting a 50.04% increase compared to the previous year [2]. Group 3 - Meike Home has distributed a total of 1.321 billion CNY in dividends since its A-share listing, with 17.222 million CNY distributed over the past three years [3].

Group 1 - The core viewpoint of the news highlights the recent performance and financial metrics of Meike Home, including stock price movements and trading volumes [1][2] - As of November 7, Meike Home's stock price increased by 2.67% to 2.31 CNY per share, with a total market capitalization of 3.319 billion CNY [1] - Year-to-date, Meike Home's stock has risen by 25.68%, with a recent 5-day increase of 8.96% and a 20-day decline of 2.94% [1] Group 2 - Meike Home's main business involves the production and sales of mid-to-high-end furniture and related products, with revenue composition being 53.78% from international wholesale and 45.24% from domestic retail [1][2] - For the first nine months of 2025, Meike Home reported a revenue of 2.223 billion CNY, a year-on-year decrease of 10.10%, while the net profit attributable to shareholders was -220 million CNY, reflecting a 50.04% increase year-on-year [2] - The company has a total of 37,300 shareholders as of September 30, with an increase of 28.92% from the previous period [2] Group 3 - Meike Home has distributed a total of 1.321 billion CNY in dividends since its A-share listing, with 17.2225 million CNY distributed over the last three years [3]

Core Viewpoint - The article discusses the financial struggles of Meike Meijia, highlighting its significant losses and the impact on employees and suppliers, reflecting broader challenges in the high-end home furnishing industry [3][8][12]. Group 1: Financial Performance - Meike Meijia reported a net loss of 2.89 billion in 2022, 4.63 billion in 2023, and 8.64 billion in 2024, accumulating over 16 billion in losses over three years [8]. - As of the first half of 2025, the company had only 1.56 billion in cash but faced short-term debts of 18.3 billion, resulting in a debt-to-asset ratio of 63% [9]. Group 2: Employee and Supplier Impact - Over 200 former employees across North and South China are involved in a wage dispute, with total unpaid wages exceeding 10 million [4]. - Suppliers have also faced difficulties, winning lawsuits for renovations but only receiving one-third of the owed payments, with many cases still unresolved [6]. Group 3: Operational Challenges - The company has closed approximately 30 underperforming stores in 2024 and an additional 4 in the first half of 2025, indicating a need to reduce fixed costs amid declining revenues [10]. - High inventory levels have led to significant write-downs, as unsold furniture accumulates in warehouses [10]. Group 4: Strategic Missteps - The heavy asset model has strained cash flow, with the company failing to adapt to changing market conditions and consumer preferences [11][14]. - The shift in consumer demand towards smart products and the tightening of real estate policies have further exacerbated the company's challenges [12][14]. Group 5: Future Outlook - The transition to a light asset model poses risks, as maintaining service quality across franchises remains uncertain [15]. - The company must prioritize employee welfare and trust with partners to navigate the current economic downturn and regain market position [15].

证券代码：600337 证券简称：美克家居 公告编号：临 2025-061 美克国际家居用品股份有限公司 关于为全资子公司提供担保的进展公告 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 | 美克数创（赣州）家居智造有限公司（以 下称"美克数创"） | | | --- | --- | --- | --- | | | 本次担保金额 | 2,000 | 万元 | | 担保对象 | 实际提供的担保余额 | 美克国际家居用品股份有限公司（以下称 "公司"）对美克数创担保余额为 48,640 | | | | | 万元。 | | | | 是否在前期预计额度内 | 是 □不适用：_________ | □否 | | | 本次担保是否有反担保 | □是 □不适用：_________ | 否 | 担保对象及基本情况 累计担保情况 | 对外担保逾期的累计金额（万元） | 0 | | --- | --- | | 截至本公告日上市公司及其控股子公 | 148,564.39 | | 司对外担保总额（万元） | ...

一、 回购股份的基本情况 美克国际家居用品股份有限公司（以下称"公司"）于 2024 年 7 月 12 日召开 了第八届董事会第三十次会议，于 2024 年 7 月 29 日召开了 2024 年第三次临时 股东大会，审议通过了关于以集中竞价交易方式回购股份的议案，同意公司以不 低于人民币 5,000 万元（含）且不超过人民币 10,000 万元（含）自有或自筹资金， 通过集中竞价交易方式回购公司股份。回购股份的实施期限为自股东大会审议通 过回购股份方案之日起不超过十二个月。公司于 2025 年 7 月 11 日召开了第八届 董事会第三十七次会议，于 2025 年 7 月 28 日召开了 2025 年第三次临时股东大 会，审议通过了关于调整回购公司股份的议案，同意对公司回购实施期限延长 9 个月，即回购股份实施期限调整为自 2024 年 7 月 28 日至 2026 年 4 月 27 日。具 体内容详见公司于 2024 年 7 月 13 日、7 月 30 日，2025 年 7 月 12 日、7 月 29 日在《上海证券报》《证券时报》及上海证券交易所网站（www.sse.com.cn）披 露的相关公告。 二、 ...