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：600690 证券简称：海尔智家 公告编号：临 2024-046 海尔智家股份有限公司 2024 年第一次临时股东大会决议公告 重要内容提示： 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2024 年 12 月 20 日 (二)股东大会召开的地点：青岛市崂山区海尔科创生态园人单合一研究中心 B101 会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | | 2,420 | | --- | --- | --- | | 其中：A 股股东人数 | | 2,375 | | 境内上市外资股股东人数（D 股） | | 43 | | 境外上市外资股股东人数（H 股） | | 2 | | 2、出席会议的股东所持有表决权的股份总数（股） | | 6,639,001,298 | | 其中：A 股股东持有股份总数 | | 4,399,093,116 | | 境内上市外资股股东持有股份总数(D ...

Key Points Industry Overview 1. **Revenue Growth**: The company expects a double-digit revenue growth trend to continue both for the current quarter and the next year. [doc id='1'] 2. **Regional Performance**: - **China**: Domestic revenue showed significant improvement in October and November, reversing the underperformance seen in Q2 and Q3. [doc id='1'] - **Qatar**: Growth in the region exceeded expectations, with a year-on-year increase of less than 2% from January to September, but a strong growth in October. [doc id='2'] - **Europe**: Revenue growth exceeded 9% from January to September. [doc id='3'] - **Emerging Markets**: Strong growth in emerging markets, with India showing over 30% growth. [doc id='3'] - **Middle East**: Growth accelerated from Q3, with a significant increase in the region's market share. [doc id='2'] 3. **Export Performance**: China's export performance has been strong, with the company maintaining a 70% market share in the US. [doc id='2'] 4. **Policy Impact**: Policies have had a significant positive impact on the company's high-end brands. [doc id='4'] 5. **Supply Chain**: The company has a robust supply chain solution, with investments in the US totaling over $2 billion. [doc id='5] Company Performance 1. **Profit Growth**: Profit increased by 15% in the first three quarters of the year, despite the challenging economic environment. [doc id='15'] 2. **Efficiency Improvements**: The company has implemented various efficiency improvements, including optimizing logistics and reducing inventory levels. [doc id='10', '11', '12'] 3. **Digital Transformation**: The company is focusing on digital transformation, including digital currency and content marketing. [doc id='14'] 4. **Competitive Position**: The company believes it has a strong competitive position in the market, with a strong product portfolio and research and development capabilities. [doc id='17', '18'] Future Outlook 1. **Policy Expectations**: The company expects policy support to continue, supporting the company's growth. [doc id='3'] 2. **Market Expansion**: The company aims to increase its market share in the Middle East and improve its operational efficiency in Europe. [doc id='5', '6'] 3. **Cost Reduction**: The company aims to further reduce costs and improve profitability. [doc id='17', '18'] 4. **Long-term Growth**: The company believes it has a strong long-term growth potential, with a focus on innovation and efficiency improvements. [doc id='17', '18']

Group 1: Financial Performance and Shareholder Returns - The company has achieved a cumulative profit of CNY 109.1 billion since its listing, with total cash dividends amounting to CNY 37.158 billion, resulting in a cash dividend ratio of 34.05% [1] - In 2023, the cash dividend accounted for 45% of the net profit attributable to the parent company [1] - The company plans to increase the cash dividend ratio from 2024 to 2026, with a minimum of 50% of the net profit allocated for cash dividends in 2025 and 2026 [1] Group 2: International Strategy and Market Expansion - The company has maintained a localization strategy since 1998, establishing a comprehensive supply chain in overseas markets [1] - Future overseas strategies include enhancing high-end brand development and focusing on market share and profitability in various regions [2] - The company aims to accelerate its presence in emerging markets, particularly in South Asia and Southeast Asia, while also expanding into the Middle East and Africa [2] Group 3: Logistics and Supply Chain Integration - The integration of the logistics business with日日顺 will enhance the company's logistics capabilities, improving efficiency and reducing costs [2] - The collaboration aims to streamline operations, ensuring a unified team and shared goals to support domestic retail transformation and overseas brand localization [2] Group 4: Product Innovation and Digital Transformation - The company is exploring AI applications in smart home appliances, focusing on user interaction and proactive service features [4] - Digital transformation initiatives include enhancing cost efficiency and improving product competitiveness through global resource collaboration [4] Group 5: Response to Market Changes and Competitor Strategies - The company is committed to continuous improvement in competitiveness through cost management, retail model innovation, and content marketing [4] - It has established a leading advantage in overseas markets through a robust global R&D system and a strong supply chain [4]

证券代码：600690 证券简称：海尔智家 公告编号：临 2024-045 海尔智家股份有限公司 关于召开 2024 年第三季度业绩说明会的公告 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。 重要内容提示： https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心网络互动 投资者可于本公告披露日至 2024 年 12 月 9 日（星期一）16:00 前通过公司 邮箱 finance@haier.com 进行提问，或于 2024 年 12 月 3 日（星期二）至 12 月 9 日（星期一）16:00 前登录上证路演中心网站首页点击"提问预征集"栏目进行提 问。公司将在说明会上对投资者普遍关注的问题进行回答。 海尔智家股份有限公司（以下简称"公司"）已于 2024 年 10 月 30 日发布公 司 2024 年第三季度报告，为便于广大投资者更全面深入地了解公司 2024 年第三 季度经营成果、财务状况，公司计划于 2024 年 12 月 10 日 下午 13:00-14:00 举 行 2024 年 ...

海尔智家股份有限公司股东大会会议材料 海尔智家股份有限公司 2024 年第一次临时股东大会 会议材料 2024 年 12 月 20 日 1 / 13 海尔智家股份有限公司股东大会会议材料 海尔智家股份有限公司 2024 年第一次临时股东大会会议议程 召开时间：现场会议自 2024 年 12 月 20 日 14 点开始 召开地点：青岛市崂山区海尔路 1 号海尔科创生态园人单合一研究中心 B101 会议室 主持人：董事长 李华刚 会议议程： 一、主持人宣布大会开始，参会股东审议议案 | 序号 | 议案名称 | | --- | --- | | 1 | 海尔智家股份有限公司关于接受表决权委托暨关联交易的议案 | 二、主持人询问股东对上述表决议案有无意见，若无意见，开始投票，其 它除上述议案以外的问题可在投票后进行提问。 三、主持人宣布请股东代表、监事会代表及律师检查投票箱。 四、主持人宣布投票工作开始。 五、投票结束后，由监事会代表、股东代表、律师及工作人员到后台计票。 六、投票结果统计完成后，由监事会主席宣布现场投票结果。 七、现场会议休会，等待网络投票结果。 八、现场和网络投票结果统计后，宣布本次股东大会的合计投 ...

Event Details - The event will be held online, allowing investors to participate via the China Securities Journal's Zhongzheng Network [3] - The event is scheduled for November 28, 2024, from 15:00 to 17:00 [3] Company Participation - Haier Smart Home Co Ltd will participate in the 2024 Qingdao Regional Listed Companies Investor Online Collective Reception Day [3] - Company executives will engage in online discussions with investors [3] Topics of Discussion - Discussions will cover corporate governance, development strategies, operational status, financing plans, equity incentives, and sustainable development [3] Organizational Support - The event is jointly organized by the Qingdao Securities Regulatory Bureau and the Qingdao Listed Companies Association [3]

大家好我是上海证券报的主持人林勇我现在所在的位置呢是青岛黄岛区的海尔中央空调工厂为了让投资者更进一步的了解上市公司提升上市公司投资者关系管理水平助力构建良好的资本市场生态中正中小投资者服务中心特意精心组织策划了了解我的上市公司走进篮球系列活动那么今天我就和投资者服务中心青岛证监局青岛上市公司协会一起带着身后的媒体投资者们走进海尔之家 那么接下来我们的投资者以及我们的媒体是陆续的到达了现场欢迎欢迎来我们华尔参观戴嘉比丽总好的 今天非常的欢迎各位投资者能来到我们海尔参观那我们今天参观的是我们智慧楼宇业务板块乡下的黄岛的中央空调的互联工厂在这个参观的过程中呢我们也安排了我们的讲解员具体为我们介绍我们这个工厂的数字化的情况智能的情况希望对大家有所帮助好 谢谢大家 好 首先呢 各位嘉宾 面向我们的大屏幕 我们的参观从大厅这边开始 首先呢我们这个工厂在国际上是获得认可的在2018年的事业经济联谈中我们工厂代表海尔集团参与全球首批的灯塔工厂的评选并选中了从全球一千多家企业中脱颖而出入选了首批的灯塔工厂也是当时入选的九家企业中唯一的一家中国本土化企业 那么在2022年我们也是获得了国内首批智能制造试点示范工厂2023年是获得 ...

%% %% 丨证券研究报告丨 公司研究丨点评报告丨海尔智家（600690.SH） [Table_Title] 营收规模稳健增长，盈利能力持续提升 | --- | --- | |------------------------------------------------------------------|-------| | | | | 报告要点 | | | [Table_Summary] 公司 2024 年前三季度实现营业收入 2029.71 | | | 亿元，同比增长 15.27% ，实现归母扣非净利润 | | | 度实现营业收入 673.49 亿元，同比增长 0.47% | | | 实现归母扣非净利润 45.25 亿元，同比增长 | | | | | 分析师及联系人 [Table_Author] 陈亮 SAC：S0490517070017 SFC：BUW408 请阅读最后评级说明和重要声明 海尔智家（600690.SH） cjzqdt11111 相关研究 [Table_Title2] 营收规模稳健增长，盈利能力持续提升公司研究丨点评报告 [Table_Rank]投资评级 买入丨维持 公司披露三季报：公 ...

Investment Rating - The report maintains a "Buy" rating for the company, with adjusted EPS forecasts for 2024-2026 being 2.03, 2.31, and 2.60 CNY respectively, corresponding to dynamic PE ratios of 15.0x, 13.2x, and 11.7x as of October 29 [2][3]. Core Insights - The company has shown steady growth in overseas sales and gradual recovery in domestic sales, leveraging opportunities such as trade-in programs and its high-end brand positioning. The retail performance improved month-on-month in Q3, with significant growth in the Casarte brand [1][3]. - Cost reduction and efficiency optimization efforts have led to an increase in profitability, with a slight rise in gross margin. The company has also been advancing its digital transformation, optimizing expenses in Q3 [1][3]. - The integration of the supply chain through the acquisition of control over the logistics company, RRS, aims to enhance the company's retail competitiveness and support its transformation in both domestic and international markets [1][3]. Financial Summary - For Q3 2024, the company reported revenue of 67.349 billion CNY, a year-on-year increase of 0.47%, and a net profit attributable to shareholders of 4.734 billion CNY, up 13.15% year-on-year. The gross margin was 31.32%, reflecting a slight increase [3][4]. - Cumulative revenue for the first three quarters of 2024 reached 202.971 billion CNY, with a year-on-year growth of 2.17%. The net profit attributable to shareholders for the same period was 15.154 billion CNY, up 15.27% year-on-year [3][4]. - The company's financial projections indicate a steady increase in operating income and net profit over the next few years, with expected revenues of 274.412 billion CNY in 2024 and 295.799 billion CNY in 2026 [2][4].

Summary of Conference Call Company and Industry Involved - The conference call primarily discusses the company "卡萨迪" (Casadi) and its integration with the home appliance industry, particularly focusing on kitchen and home products. Core Points and Arguments 1. **Product Development and Trends** - The company emphasizes the importance of integrating design and functionality in home appliances, highlighting a trend towards aesthetically pleasing and smart home products. This includes a collaboration with brands like 三亿鸟哈尔 (Sanyin Bird Haier) and 布洛尼 (Buloni) to launch a new product series that merges colors and materials across different appliances [1][2] 2. **Online Sales Strategy** - Historically, 卡萨迪 has had a strong offline presence, but there is a push to enhance online sales, which currently account for only about 10% of total sales. The company is focusing on content marketing and traffic conversion to improve its online footprint [2] 3. **User Base and Growth Strategy** - The company has a substantial existing customer base of 14 million users and aims to leverage this for sustained growth despite industry challenges. The focus remains on premium products as consumer demand for quality living increases [3] 4. **Acquisitions and Market Expansion** - The company completed the acquisition of 凯利相容智能 (Kelly Compatible Smart) in October, which is expected to enhance its market position. The revenue for 凯利 in 2022 was reported at $1.2 billion, with a profit of approximately $60 million [4][5] 5. **International Market Strategy** - The acquisition of ESA in South Africa is part of a broader strategy to penetrate the African market, where the company aims to leverage ESA's strong brand presence and market share of 55% in the local water heater segment [6][7] 6. **Impact of U.S. Policies** - The company is monitoring the impact of U.S. tariffs on its exports, particularly for washing machines, but expects minimal disruption due to local production capabilities [9] 7. **Inventory and Sales Guidance** - The company reports a significant reduction in inventory levels, with retail performance exceeding shipment levels. For the upcoming quarters, a median growth in domestic sales is anticipated, with a goal of maintaining double-digit profit growth [10][11] 8. **Digital Transformation and Efficiency** - The integration of 日顺 (Rishun) is aimed at accelerating digital transformation and improving logistics efficiency. However, challenges remain due to the need for system integration and differing operational goals post-acquisition [13][14] 9. **Global Supply Chain Optimization** - The company plans to enhance its global supply chain efficiency by integrating logistics capabilities across different regions, particularly focusing on improving operations in Europe and Southeast Asia [16][17] Other Important but Overlooked Content - The company acknowledges the need for time to see the full effects of its transformation efforts, which include a shift from B2B to B2C sales models. This transition is expected to unify product platforms and streamline inventory management [18]