证券简称：海尔智家 证券代码：600690 公告编号：临 2025-045 海尔智家股份有限公司 关于 2025 年度 A 股核心员工持股计划完成股票非交易 过户的公告 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。 海尔智家股份有限公司（以下简称"公司"）于 2025 年 5 月 28 日召开海尔智 家股份有限公司 2024 年年度股东大会，审议通过了《海尔智家股份有限公司 2025 年度 A 股核心员工持股计划（草案）及摘要》（以下简称"2025 年度 A 股核心员 《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） 工持股计划"）、 根据《中华人民共和国公司法》 《中华人民共和国证券法》 《关于上市公司实施 员工持股计划试点的指导意见》及《上海证券交易所上市公司自律监管指引第 1 号——规范运作》等法律、行政法规及规范性文件的相关规定，现将公司 2025 年 度 A 股核心员工持股计划的实施进展情况公告如下： 回购的股票，受让的股份数为 31,481,400 股，由公司回购专用证券账户以 24.03 ...

Investment Rating - The industry investment rating is maintained as "Positive" [4] Core Viewpoints - Domestic appliance sales are expected to benefit from policy support, with the air conditioning peak season anticipated to see high temperatures and low inventory, making second-quarter demand promising [2] - The national subsidy policy is confirmed to continue, with a total of 300 billion yuan allocated for supporting the replacement of old appliances, ensuring sustained demand [6] - The market is witnessing a shift towards new consumption trends, with brands actively targeting younger demographics and innovating product offerings to capture new growth opportunities [6] Summary by Sections Investment Recommendations and Targets - Focus on quality white goods leaders benefiting from domestic policy continuation and overseas expansion, such as Midea Group (000333, not rated), Haier Smart Home (600690, Buy), and Hisense Home Appliances (000921, not rated) [2] - Attention to companies with potential in mature overseas markets and short-term supply chain advantages, including Hisense Visual (600060, Overweight) and Ousheng Electric (301187, Buy) [2] - Highlighting small appliance companies that may benefit from national subsidies and long-term demand for new appliance categories, such as Roborock Technology (688169, Buy) and Bear Electric (002959, Overweight) [2] - Monitoring kitchen appliance companies that are adjusting strategies and may expand overseas, including Boss Electric (002508, Buy) and Vatti Corporation (002035, not rated) [2] Market Dynamics - Recent retail data shows significant year-on-year growth in online sales for major appliance categories, indicating resilience in demand despite concerns over subsidy reductions [6] - The market is adapting to new consumer preferences, with brands leveraging innovative marketing strategies to engage younger consumers and explore new product categories [6]

海尔智家股份有限公司 关于 2025 年度 A 股核心员工持股计划完成股票非交易 过户的公告 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。 海尔智家股份有限公司（以下简称"公司"）于 2025 年 5 月 28 日召开海尔智 家股份有限公司 2024 年年度股东大会，审议通过了《海尔智家股份有限公司 2025 年度 A 股核心员工持股计划（草案）及摘要》（以下简称"2025 年度 A 股核心员 工持股计划"）、《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） 及摘要》（以下简称"2025 年度 H 股核心员工持股计划"）等相关议案，同意实施 公司 2025 年度 A 股核心员工持股计划和 2025 年度 H 股核心员工持股计划，具体 内容详见公司分别于 2025 年 4 月 30 日、2025 年 5 月 29 日在上海证券交易所网站 （www.sse.com.cn）披露的员工持股计划方案及股东会决议公告等相关内容。 根据《中华人民共和国公司法》《中华人民共和国证券法》《关于上市公司实施 员工持股计划试 ...

证券简称：海尔智家 证券代码：600690 编号：临 2025-044 海尔智家股份有限公司 提示性公告 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。 海尔智家股份有限公司（以下简称"本公司"）于 2025 年 6 月 20 日在香港 联合交易所有限公司披露易网站（https://www.hkexnews.hk/index_c.htm）刊登了 《派发末期股息更新公告》。 根据《上海证券交易所股票上市规则》第 11.2.1 条关于境内外同步披露的要 求，特此提醒各位投资者关注公司于香港联合交易所有限公司披露易网站披露的 前述公告内容。公司也将根据上海证券交易所等有关利润分配的相关规定，于适 当时间披露 A 股利润分配的具体安排，敬请投资者留意。 特此公告。 海尔智家股份有限公司董事会 2025 年 6 月 20 日 ...

Core Viewpoint - The article discusses the insights shared by Zhou Yunjie, CEO of Haier Group, at the Qingdao International City Partners Dialogue, emphasizing the role of Chinese enterprises in global transformation through "openness, ecology, and innovation" Group 1: Globalization and Market Positioning - Haier leverages its local roots in Qingdao to establish a global presence, with a network of 230,000 outlets across over 200 countries and regions [3] - The company has maintained its position as the world's leading home appliance brand for 16 consecutive years, with Haier accounting for 60% of every 10 Chinese brand appliances sold overseas [3] Group 2: Ecological Development and Collaboration - The future of competition is shifting from direct corporate rivalry to ecological dialogue, focusing on creating a multi-dimensional ecosystem that transcends industry boundaries [4] - Haier's ecological strategy includes three main sectors: smart home, health, and industrial internet, fostering extensive collaboration opportunities with global partners [4][5] Group 3: Sustainable Practices and Innovation - Haier's 6-GREEN strategy aims to establish a low-carbon system across the entire industry chain, transforming China's sustainable practices into international standards [5] - The company is enhancing its global cooperation hub in Qingdao by integrating technology innovation, upgrading industrial clusters, and promoting cross-cultural collaboration [6]

Market Overview - The FTSE China A50 Index components showed a mixed performance with the banking and insurance sectors continuing to rise in the afternoon, while the consumer electronics sector experienced divergent trends [1][7]. Banking and Insurance Sector - Major banks and insurance companies such as China Pacific Insurance, Ping An Insurance, and China Life Insurance reported market capitalizations of 376.78 billion, 340.36 billion, and 996.83 billion respectively, with trading volumes of 7.95 million, 46.06 million, and 6.95 million [3]. - The insurance sector saw positive changes with Ping An Insurance increasing by 1.54 (+2.89%) and China Life Insurance by 0.14 (+1.67%) [3]. Consumer Electronics Sector - The consumer electronics sector displayed mixed results, with companies like Industrial Fulian and Luxshare Precision reporting market capitalizations of 408.89 billion and 240.74 billion respectively, and trading volumes of 39.50 million and 10.37 million [4]. - Industrial Fulian's stock decreased by 0.22 (-1.06%), while Luxshare Precision increased by 0.18 (+0.35%) [4]. Alcohol Industry - The alcohol sector, represented by Kweichow Moutai and Wuliangye, showed strong market capitalizations of 1,794.68 billion and 223.79 billion respectively, with trading volumes of 49.91 million and 21.95 million [3]. - Kweichow Moutai's stock increased by 2.66 (+0.19%), while Wuliangye rose by 6.84 (+3.87%) [3]. Semiconductor Sector - The semiconductor industry, including companies like North Huachuang and Cambrian, reported market capitalizations of 227.97 billion and 310.30 billion respectively, with trading volumes of 14.35 million and 21.38 million [3]. - North Huachuang's stock increased by 3.21 (+0.76%), while Cambrian's stock decreased by 8.11 (-1.39%) [3]. Automotive Sector - The automotive sector, featuring Great Wall Motors and BYD, had market capitalizations of 179.31 billion and 1,869.56 billion respectively, with trading volumes of 25.08 million and 3.83 million [3]. - Great Wall Motors' stock decreased by 0.25 (-0.07%), while BYD's stock decreased by 0.16 (-0.76%) [3]. Energy Sector - The energy sector, including China Petroleum and China Shenhua, reported market capitalizations of 1,676.47 billion and 1,095.42 billion respectively, with trading volumes of 12.62 million and 8.75 million [3]. - China Petroleum's stock increased by 0.21 (+1.30%), while China Shenhua's stock decreased by 1.84 (-0.76%) [3].

Group 1: Market Overview - The FTSE China A50 Index components showed a rebound in banking, insurance, and liquor sectors, while the power sector continued to adjust [1][4][5] - Major insurance companies like China Pacific Insurance, China Life Insurance, and Ping An Insurance reported market capitalizations of 378.55 billion, 342.10 billion, and 994.83 billion respectively, with trading volumes of 4.88 million, 24.23 million, and 3.99 million [4] - The liquor industry, led by Kweichow Moutai, Wuliangye, and Shanxi Fenjiu, had market capitalizations of 1807.87 billion, 225.39 billion, and 463.74 billion respectively, with trading volumes of 27.96 million, 15.85 million, and 20.97 million [4] Group 2: Sector Performance - The semiconductor sector, including companies like Northern Huachuang and Cambrian, had market capitalizations of 226.75 billion and 240.86 billion respectively, with trading volumes of 7.87 million and 14.31 million [4] - In the automotive sector, Great Wall Motors and BYD reported market capitalizations of 281.32 billion and 1874.12 billion respectively, with trading volumes of 13.90 million and 1.60 million [4] - The power sector, represented by companies like Yangtze Power and China Nuclear Power, had market capitalizations of 746.53 billion and 329.67 billion respectively, with trading volumes of 9.73 million and 16.36 million [5] Group 3: Notable Companies - China Shenhua Energy and Shaanxi Coal and Chemical Industry had market capitalizations of 193.12 billion and 1095.10 billion respectively, with trading volumes of 4.57 million and 18.81 million [4] - In the food and beverage sector, companies like Citic Securities and Haitai Flavor reported market capitalizations of 385.04 billion and 325.62 billion respectively, with trading volumes of 5.48 million and 3.31 million [5] - The electronics sector, including companies like Industrial Fulian and Luxshare Precision, had market capitalizations of 342.13 billion and 409.89 billion respectively, with trading volumes of 5.39 million and 23.98 million [5]

Industry Overview - The pyroelectric infrared sensor technology in China began in the 1970s, initially used in military applications, but has expanded into civilian markets due to technological advancements and cost reductions [1][15] - The market size of China's pyroelectric infrared sensor industry has grown from 365 million yuan in 2015 to 1.599 billion yuan in 2024, with a compound annual growth rate (CAGR) of 17.84% [1][15] - The production volume of pyroelectric infrared sensors in China is projected to increase from 217 million units in 2015 to 965 million units in 2024, with a CAGR of 18.03% [14] - The demand for these sensors is expected to rise from 209 million units in 2015 to 937 million units in 2024, with a CAGR of 18.14% [14] Market Dynamics - The rapid growth in demand for LED lighting and security monitoring in China is driving the expansion of the pyroelectric infrared sensor market [1][15] - The industry is becoming increasingly competitive, with China emerging as a global manufacturing hub for these sensors due to its cost advantages and improved labor productivity [1][15] Application Areas - Pyroelectric infrared sensors are widely used in various applications, including security monitoring, smart homes, automatic driving, medical diagnostics, thermal imaging, industrial automation, and environmental monitoring [7] - In the smart home sector, these sensors play a crucial role in detecting human presence and activity, enabling automatic control of lighting and other systems [12] Key Companies - Notable companies in the industry include Senba Sensor Technology Co., Ltd., Shanghai Naisela Sensor Co., Ltd., and Zhengzhou Weisheng Electronic Technology Co., Ltd., among others [18][21][23] - Senba Sensor's revenue from pyroelectric infrared sensors is projected to reach 251 million yuan in 2024, reflecting a year-on-year growth of 5.91% [21] Industry Trends - The industry is witnessing a trend towards miniaturization, driven by advancements in MEMS technology and semiconductor processes, making sensors more suitable for compact applications [25] - There is a growing emphasis on smart features, with sensors increasingly incorporating AI algorithms and edge computing capabilities for enhanced environmental perception and data analysis [26] - The evolution from standalone components to integrated system solutions is becoming prominent, allowing for modular products that facilitate easier customer development [27] - Multi-functionality is key to enhancing the value of pyroelectric infrared sensors, with new products integrating additional sensing capabilities to meet complex application needs [28]

Key Points - Toyota's chairman Akio Toyoda's annual salary is revealed to be 1.949 billion yen (approximately 96.58 million RMB), marking a 20% increase year-on-year and a historical high for four consecutive years [4] - In contrast, the salaries of Chinese automotive executives are significantly lower, with Geely's Li Shufu earning only 376,000 RMB, which is equivalent to just 1.5 days of Toyoda's income [4][5] - The highest-paid individuals in Chinese car companies are often not the CEOs, as seen in Geely where CEO Gui Shengyue earns 32.01 million RMB, while Li Shufu's salary ranks much lower [5][6] Domestic News - Xiaomi's president Lu Weibing stated that Xiaomi does not engage in price wars and aims to collaborate with leading companies like Midea and Haier to advance the home appliance industry [8][9] - The domestic GPU company Moore Threads has completed its IPO counseling, potentially becoming the first GPU stock in China [9][10] - Bilibili reported that its monthly revenue from animated short dramas reached over 10 million RMB in Q1 2025, a 50-fold increase from the previous year [30] International News - OpenAI's CEO announced that GPT-5 is expected to be released this summer, promising significant advancements in AI capabilities [36][37] - Samsung is facing a crisis with reports of data falsification and employee turnover due to poor working conditions, leading to a decline in its semiconductor business [34][35] - Volvo plans to increase prices of its models in the US by up to 6% next year, which could result in price hikes of several thousand dollars for certain models [42][43]

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。 Haier Smart Home Co., Ltd.* 海爾智家股份有限公司 （於中華人民共和國註冊成立之股份有限公司） 股份代號：6690 海外監管公告 关于 2025 年度第二期绿色两新科技创新债券 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條由海爾智家股份 有限公司作出。 以下公告的中文版本已於上海證券交易所網站(www.sse.com.cn)刊登，僅供參閱。 特此公告。 承董事會命 海爾智家股份有限公司 董事長 李華剛 中國青島 2025年6月19日 於本公告日期，本公司執行董事為李華剛先生及Kevin Nolan先生；非執行董事為 宮偉先生、俞漢度先生、錢大群先生及李少華先生；獨立非執行董事為王克勤先 生、李世鵬先生、吳琪先生及汪華先生；及職工董事為孫丹鳳女士。 * 僅供識別 发行结果的公告 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 ...