截至2025年6月30日，公司有16家筹备中的自营商场(其中自有13家、租赁3家)，计划建筑面积约263万 平方米(最终以政府许可文件批准的建筑面积为准);筹备的委管商场中，有256个委管签约项目已取得土 地使用权证╱已获得地块。 公司已开业自营商场于报告期内取得营业收入人民币24.82亿元，比上年同期减少16.4%，毛利率为 71.1%，相比2024年同期毛利率减少0.3个百分点。 报告期内，公司关闭2家自营商场，位于重庆市、广东广州，有3家商场由委管转为自营，位于河北唐 山、天津市，有2家商场由自营转为委管，位于内蒙古包头、江苏常州;委管商场新开1家商场，位于江 苏泰州，关闭22家商场，位于浙江乐清、河北邯郸、河北秦皇岛、河南周口、安徽六安、四川绵阳、四 川乐山、广东河源、辽宁本溪、江苏淮安、湖南吉首、湖南长沙、安徽芜湖、河北邢台、甘肃白银、河 北张家口、山东临沂、广东珠海、河北唐山、四川内江、河南新蔡、安徽合肥。 红星美凯龙（601828）(01528)发布公告，截至2025年6月30日，公司经营了76家自营商场，235家不同 管理深度的委管商场，通过战略合作经营7家家居商场，此外，公司以特许经营方式授 ...

报告期内，自营商场的租金及相关收入下降15.6%，主要是本公司为了支持商户持续经营，稳商留商优 惠增加所致。报告期内，委管商场收入较2024年同期下降26.4%，主要是受委管商场数量减少的影响。 此外，建筑装饰服务收入和其他收入较2024年同期均有不同幅度下降。 智通财经APP讯，红星美凯龙(01528)发布截至2025年6月30日止6个月中期业绩，该集团取得收入33.37 亿元，同比减少21%;本公司拥有人应占亏损19.55亿元，同比增加46.23%;每股亏损0.45元。 ...

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之內容概不負責，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之任何損失承擔任 何責任。 Red Star Macalline Group Corporation Ltd. 紅星美凱龍家居集團股份有限公司 （一家於中華人民共和國註冊成立的中外合資股份有限公司） （股份代號：1528） 海外監管公告 本公告乃由紅星美凱龍家居集團股份有限公司（「本公司」）根據香港聯合交易所有 限公司證券上市規則第13.10B條作出。 以下為本公司於上海證券交易所網站刊發之《紅星美凱龍家居集團股份有限公司 第五屆董事會第九次會議決議公告》《紅星美凱龍家居集團股份有限公司2025年上 半年度募集資金存放與實際使用情況的專項報告》《紅星美凱龍家居集團股份有限 公司關於提供財務資助進展的公告》《紅星美凱龍家居集團股份有限公司關於召開 2025年半年度業績說明會的公告》，僅供參閱。 承董事會命 紅星美凱龍家居集團股份有限公司 邱喆 董事會秘書兼聯席公司秘書 中國上海，2025年8月29日 於本公告日期，本公司的執行董事為 ...

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倚賴該等內容而引致的任何損失承擔任 何責任。 Red Star Macalline Group Corporation Ltd. 紅星美凱龍家居集團股份有限公司 （一家於中華人民共和國註冊成立的中外合資股份有限公司） （股份代號：1528） 2025 年半年度經營數據公告 本公告乃由紅星美凱龍家居集團股份有限公司（「本公司」）根據《香港聯合交易所有 限公司證券上市規則》第13.09條、第13.10B條、《證券及期貨條例》（香港法例第571 章）第XIVA部項下的內幕消息條文以及《上海證券交易所股票上市規則》的要求作 出。 本公司董事會及全體董事保證本公告內容不存在任何虛假記載、誤導性陳述或者重 大遺漏，並對其內容的真實性、準確性和完整性承擔法律責任。 根據上海證券交易所《上市公司行業信息披露指引第五號－零售》以及《關於做好主 板上市公司2025年半年度報告披露工作的重要提醒》的要求，本公司將2025年半年 度（「報告期」）主要經營數據披露如下： 截 ...

[Report Overview](index=1&type=section&id=I.%20Report%20Overview) [Financial Highlights](index=1&type=section&id=1.1%20Financial%20Highlights) In the first half of 2025, the company's revenue decreased by 21.0% to RMB 3.337 billion, loss for the period expanded to RMB 2.108 billion, loss attributable to owners of the Company was RMB 1.955 billion, and loss per share was RMB 0.45, with core net loss also slightly increasing Key Financial Data for H1 2025 (Consolidated Statement) | Metric | H1 2025 (RMB Thousand) | H1 2024 (RMB Thousand) | Change Rate | | :--- | :--- | :--- | :--- | | Revenue | 3,337,076 | 4,224,862 | -21.0% | | Gross Profit | 2,210,002 | 2,797,379 | -21.0% | | Gross Profit Margin | 66.2% | 66.2% | 0.0% | | Loss for the Period | (2,108,206) | (1,423,256) | +48.1% | | Loss Attributable to Owners of the Company | (1,954,786) | (1,336,774) | +46.2% | | Loss Attributable to Owners of the Company Margin | -58.6% | -31.6% | -27.0pp | | Core Net Loss Attributable to Owners of the Company | (393,939) | (383,784) | +2.6% | | Core Net Loss Attributable to Owners of the Company Margin | -11.8% | -9.1% | -2.7pp | | Loss Per Share (Basic and Diluted) | (0.45) Yuan | (0.31) Yuan | +45.2% | [Operating Highlights](index=2&type=section&id=1.2%20Operating%20Highlights) As of June 30, 2025, the company's total number of shopping malls and operating area both decreased, with the number of cities covered also declining, while the average occupancy rate for self-operated malls slightly increased and for managed malls decreased Operating Data for H1 2025 | Metric | As of June 30, 2025 | As of June 30, 2024 | Change | | :--- | :--- | :--- | :--- | | Number of Shopping Malls | 311 | 352 | -41 | | Shopping Mall Operating Area (sqm) | 19,361,762 | 21,201,448 | -1,839,686 | | Number of Cities Covered | 189 | 210 | -21 | | Number of Self-operated Shopping Malls | 76 | 85 | -9 | | Self-operated Shopping Mall Operating Area (sqm) | 7,490,428 | 7,885,050 | -394,622 | | Average Occupancy Rate of Self-operated Shopping Malls | 84.2% | 81.6% | +2.6pp | | Number of Managed Shopping Malls | 235 | 267 | -32 | | Managed Shopping Mall Operating Area (sqm) | 11,871,334 | 13,316,398 | -1,445,064 | | Average Occupancy Rate of Managed Shopping Malls | 81.3% | 82.8% | -1.5pp | [Condensed Consolidated Financial Statements](index=3&type=section&id=II.%20Condensed%20Consolidated%20Financial%20Statements) [Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income](index=3&type=section&id=2.1%20Condensed%20Consolidated%20Statement%20of%20Profit%20or%20Loss%20and%20Other%20Comprehensive%20Income) During the reporting period, the Group's revenue and gross profit both decreased by 21.0% year-on-year, with loss for the period expanding from RMB 1.423 billion in H1 2024 to RMB 2.108 billion in H1 2025, primarily due to significant net fair value losses on investment properties and impairment losses under the expected credit loss model - Loss for the period increased from **RMB 1,423,256 thousand** in H1 2024 to **RMB 2,108,206 thousand** in H1 2025[8](index=8&type=chunk) - Net fair value loss on investment properties increased from **RMB 1,177,523 thousand** in H1 2024 to **RMB 2,274,001 thousand** in H1 2025[8](index=8&type=chunk) - Impairment losses under the expected credit loss model decreased from **RMB 474,770 thousand** in H1 2024 to **RMB 116,365 thousand** in H1 2025[8](index=8&type=chunk) [Condensed Consolidated Statement of Financial Position](index=5&type=section&id=2.2%20Condensed%20Consolidated%20Statement%20of%20Financial%20Position) As of June 30, 2025, the Group's total assets slightly decreased, non-current assets totaled RMB 109.626 billion, net current liabilities were RMB 19.253 billion, and both the asset-liability ratio and net gearing ratio increased, indicating higher financial leverage - Total assets decreased from **RMB 118,635,369 thousand** as of December 31, 2024, to **RMB 117,644,278 thousand** as of June 30, 2025[10](index=10&type=chunk) - Net current liabilities were **(RMB 19,252,602 thousand)**, showing an improvement compared to **(RMB 20,596,046 thousand)** as of December 31, 2024, but still negative[11](index=11&type=chunk) - Equity attributable to owners of the Company decreased from **RMB 48,198,250 thousand** as of December 31, 2024, to **RMB 46,057,257 thousand** as of June 30, 2025[11](index=11&type=chunk) [Notes to the Condensed Consolidated Financial Statements](index=7&type=section&id=III.%20Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) [General Information](index=7&type=section&id=3.1%20General%20Information) Red Star Macalline was incorporated in China in 2011, with H-shares and A-shares listed in 2015 and 2018 respectively, Xiamen C&D is the parent company, and Xiamen Municipal People's Government State-owned Assets Supervision and Administration Commission is the ultimate controlling shareholder, with the Group primarily engaged in operating and managing home furnishing shopping malls and involved in the pan-home consumption sector - The Company was incorporated in China as a Sino-foreign joint stock limited company on January 6, 2011[12](index=12&type=chunk) - Xiamen C&D Corporation Limited is the Company's parent company, and Xiamen Municipal People's Government State-owned Assets Supervision and Administration Commission is the ultimate controlling shareholder[12](index=12&type=chunk) - The Group's principal activities are the operation and management of home furnishing shopping malls and participation in pan-home consumption[12](index=12&type=chunk) [Basis of Preparation](index=7&type=section&id=3.2%20Basis%20of%20Preparation) The condensed consolidated financial statements are prepared in accordance with IAS 34 and the Listing Rules; despite continuous losses and significant net current liabilities, management, through assessment and financing negotiations, considers the going concern basis appropriate [Measurement Basis](index=8&type=section&id=3.2.1%20Measurement%20Basis) The condensed consolidated financial statements are primarily prepared on a historical cost basis, with investment properties and certain financial instruments measured at fair value - The condensed consolidated financial statements are primarily prepared on a historical cost basis, with investment properties and certain financial instruments measured at fair value[16](index=16&type=chunk) [Going Concern](index=7&type=section&id=3.2.2%20Going%20Concern) The Group recorded a loss of RMB 2.108 billion and faced net current liabilities of RMB 19.253 billion in H1 2025; management has assessed and implemented measures, including utilizing bank credit lines and negotiating financing, deeming liquidity risk to be under control and the going concern basis appropriate - As of June 30, 2025, the Group recorded a loss of **RMB 2,108,206 thousand** and net current liabilities of **RMB 19,252,602 thousand**[14](index=14&type=chunk) - Management has assessed the going concern ability and believes that liquidity risk is under control through measures such as unused bank loan facilities and expected operating cash flows[14](index=14&type=chunk) [Significant Accounting Policies](index=8&type=section&id=3.3%20Significant%20Accounting%20Policies) The accounting policies adopted during the reporting period are consistent with the 2024 consolidated financial statements, and the first-time application of revised International Financial Reporting Standards had no significant impact on financial position or performance - Accounting policies are the same as those in the 2024 consolidated financial statements, except for additional policies arising from the application of revised IFRS accounting standards[16](index=16&type=chunk) - The amendment to IAS 21 "Lack of Exchangeability" had no significant impact on the financial position and performance for the current period[17](index=17&type=chunk) [Segment Information and Revenue](index=9&type=section&id=3.4%20Segment%20Information%20and%20Revenue) The Group's business is divided into four segments: self-operated/leased shopping malls, managed shopping malls, construction and decoration services, and others; in H1 2025, self-operated/leased shopping malls contributed the highest revenue, but all segments experienced year-on-year revenue decline, with all revenue and operating results derived from mainland China [Business Segments](index=9&type=section&id=3.4.1%20Business%20Segments) The Group's operating segments include self-operated/leased shopping malls, managed shopping malls, construction and decoration services, and others, with each segment's revenue and profit reported independently for resource allocation and performance evaluation - The Group's operating segments include self-operated/leased shopping malls, managed shopping malls, construction and decoration services, and others[18](index=18&type=chunk)[19](index=19&type=chunk) [Revenue Analysis](index=10&type=section&id=3.4.2%20Revenue%20Analysis) Total revenue for H1 2025 was RMB 3.337 billion, a 21.0% year-on-year decrease, with self-operated/leased shopping mall revenue down 15.6%, managed shopping mall revenue down 26.4%, and construction and decoration services and other revenues also declining Segment Revenue (H1 2025 vs H1 2024) | Segment | H1 2025 (RMB Thousand) | H1 2024 (RMB Thousand) | Year-on-Year Change | | :--- | :--- | :--- | :--- | | Self-operated/Leased Shopping Malls | 2,450,706 | 2,903,166 | -15.6% | | Managed Shopping Malls | 609,371 | 827,466 | -26.4% | | Construction and Decoration Services | 103,613 | 212,098 | -51.1% | | Others | 173,386 | 282,132 | -38.6% | | **Total** | **3,337,076** | **4,224,862** | **-21.0%** | - Revenue from contracts with customers was **RMB 861,311 thousand**, and rental and related income was **RMB 2,475,765 thousand**[23](index=23&type=chunk) [Geographical Information](index=13&type=section&id=3.4.3%20Geographical%20Information) All of the Group's revenue and operating results are generated from mainland China, with non-current assets primarily located in mainland China and a small portion in the Cayman Islands - All of the Group's revenue and operating results are generated from China[26](index=26&type=chunk) - Non-current assets are primarily located in mainland China (**RMB 103,615,597 thousand**), with a small portion in the Cayman Islands (**RMB 86,091 thousand**)[29](index=29&type=chunk) [Other Income and Gains/Losses](index=14&type=section&id=3.5%20Other%20Income%20and%20Gains/Losses) Other income for H1 2025 was RMB 72.575 million, a 27.38% year-on-year decrease, mainly due to reduced interest income and government grants; net other gains/losses turned from a loss to a profit of RMB 9.011 million, primarily benefiting from increased gains on disposal of property, plant and equipment and reduced fair value losses on financial instruments - Other income decreased from **RMB 99,943 thousand** in H1 2024 to **RMB 72,575 thousand** in H1 2025[30](index=30&type=chunk) - Net other gains/losses turned from **(RMB 273,992 thousand)** in H1 2024 to **RMB 9,011 thousand** in H1 2025[31](index=31&type=chunk) - Fair value losses on financial instruments at fair value through profit or loss decreased from **RMB 85,531 thousand** to **RMB 53,849 thousand**[31](index=31&type=chunk) [Finance Costs](index=15&type=section&id=3.6%20Finance%20Costs) Finance costs for H1 2025 were RMB 1.095 billion, a 15.8% year-on-year decrease, primarily due to reduced interest on bank and other borrowings, lease liabilities, and bonds - Finance costs decreased from **RMB 1,300,450 thousand** in H1 2024 to **RMB 1,095,295 thousand** in H1 2025, a **15.8%** decrease[32](index=32&type=chunk)[53](index=53&type=chunk) - Interest on bank and other borrowings decreased by **RMB 166,174 thousand**[32](index=32&type=chunk) [Income Tax and Loss for the Period](index=16&type=section&id=3.7%20Income%20Tax%20and%20Loss%20for%20the%20Period) Income tax for H1 2025 turned from a credit in the prior year to an expense of RMB 37.55 million, mainly due to increased deferred income tax expense; loss for the period included staff costs, depreciation and amortization, and advertising and promotion expenses - Income tax turned from a credit of **RMB 113,193 thousand** in H1 2024 to an expense of **RMB 37,550 thousand** in H1 2025[33](index=33&type=chunk)[54](index=54&type=chunk) - Total staff costs were **RMB 858,595 thousand**, a **18.8%** year-on-year decrease[33](index=33&type=chunk) - Total rental income from investment properties was **(RMB 2,475,765 thousand)**, a **15.1%** year-on-year decrease[33](index=33&type=chunk) [Dividends](index=17&type=section&id=3.8%20Dividends) The Board of Directors resolved not to declare an interim dividend for H1 2025 - The Board of Directors resolved not to declare an interim dividend for the six months ended June 30, 2025[34](index=34&type=chunk) [Loss Per Share](index=17&type=section&id=3.9%20Loss%20Per%20Share) Basic and diluted loss per share for H1 2025 expanded to RMB 0.45, compared to RMB 0.31 in H1 2024, primarily due to the increased net loss attributable to owners of the Company - Basic and diluted loss per share increased from **(RMB 0.31)** in H1 2024 to **(RMB 0.45)** in H1 2025[36](index=36&type=chunk)[37](index=37&type=chunk)[57](index=57&type=chunk) - Net loss for the period attributable to owners of the Company was **(RMB 1,954,786 thousand)**[37](index=37&type=chunk) [Investment Properties](index=18&type=section&id=3.10%20Investment%20Properties) As of June 30, 2025, the fair value of investment properties was RMB 95.609 billion, a slight increase from the end of 2024, but the reporting period incurred a fair value change loss of RMB 2.274 billion, mainly due to increased concessions to support tenant operations - The fair value of investment properties as of June 30, 2025, was **RMB 95,609,200 thousand**[37](index=37&type=chunk) - Fair value change loss on investment properties for the reporting period was **(RMB 2,274,001 thousand)**[37](index=37&type=chunk)[59](index=59&type=chunk) - New properties added amounted to **RMB 2,454.7 million**, while a fair value change loss of **RMB 2,274.0 million** was incurred, mainly due to increased concessions to support tenant operations[59](index=59&type=chunk) [Trade and Other Receivables/Payables](index=19&type=section&id=3.11%20Trade%20and%20Other%20Receivables/Payables) As of the end of the reporting period, the carrying amount of trade receivables was RMB 556.76 million, a decrease of RMB 28.4 million from the end of 2024, with impairment provisions of RMB 1.588 billion; trade payables were RMB 1.283 billion, a decrease from the end of 2024 - The carrying amount of trade receivables was **RMB 556,764 thousand**, a decrease from **RMB 585,204 thousand** as of the end of 2024[38](index=38&type=chunk)[58](index=58&type=chunk) - Impairment provisions for expected credit losses of **RMB 1,588,447 thousand** were made[38](index=38&type=chunk) - Trade payables were **RMB 1,283,357 thousand**, a decrease from **RMB 1,402,974 thousand** as of the end of 2024[39](index=39&type=chunk) [Bank and Other Borrowings](index=20&type=section&id=3.12%20Bank%20and%20Other%20Borrowings) As of June 30, 2025, total bank and other borrowings amounted to RMB 30.174 billion, with secured borrowings accounting for the vast majority; the borrowing structure was primarily fixed-rate, and floating-rate borrowings were based on the People's Bank of China benchmark interest rate - Total bank and other borrowings amounted to **RMB 30,174,395 thousand**, of which **RMB 24,039,281 thousand** were secured borrowings[39](index=39&type=chunk) - Fixed-rate borrowings accounted for **53.3%** (**RMB 16,095,038 thousand**), and floating-rate borrowings accounted for **46.7%** (**RMB 14,079,357 thousand**)[39](index=39&type=chunk) - Borrowing repayment periods are distributed as follows: **RMB 5.372 billion** within 1 year, **RMB 7.748 billion** in 1-2 years, **RMB 12.214 billion** in 2-5 years, and **RMB 4.841 billion** over 5 years[40](index=40&type=chunk) [Share Capital](index=21&type=section&id=3.13%20Share%20Capital) As of June 30, 2025, the company's total issued share capital was RMB 4.355 billion, comprising H-shares and A-shares, with a par value of RMB 1 per share, and no changes during the reporting period - Total issued share capital was **RMB 4,354,733 thousand**, consisting of **741,286 thousand** H-shares and **3,613,447 thousand** A-shares[42](index=42&type=chunk) [Acquisition of Subsidiaries](index=22&type=section&id=3.14%20Acquisition%20of%20Subsidiaries) During the reporting period, the Group acquired 100% equity of Yantai Red Star for RMB 980 million in cash and obtained 100% equity of Tangshan Fengnan Property Project Company by disposing of receivables - On May 7, 2025, the Group acquired 100% equity of Yantai Red Star for a cash consideration of **RMB 980,000 thousand**[45](index=45&type=chunk) - On April 16, 2025, the Group acquired 100% equity of Tangshan Fengnan Property Project Company for a consideration of disposed receivables with a fair value of **RMB 30,000 thousand**[45](index=45&type=chunk) [Financial Review](index=23&type=section&id=IV.%20Financial%20Review) [Revenue](index=23&type=section&id=4.1%20Revenue) Total revenue for the reporting period was RMB 3.337 billion, a 21.0% year-on-year decrease; self-operated/leased shopping mall revenue decreased by 15.6% (due to increased concessions to support tenants), managed shopping mall revenue decreased by 26.4% (due to fewer shopping malls), and construction and decoration services and other revenues also declined - Total revenue decreased by **21.0%** to **RMB 3,337.1 million** year-on-year[46](index=46&type=chunk) - Rental and related income from self-operated shopping malls decreased by **15.6%**, mainly due to increased concessions to stabilize and retain tenants[46](index=46&type=chunk) - Managed shopping mall revenue decreased by **26.4%**, primarily affected by a reduction in the number of managed shopping malls[46](index=46&type=chunk) [Gross Profit and Gross Profit Margin](index=23&type=section&id=4.2%20Gross%20Profit%20and%20Gross%20Profit%20Margin) Gross profit for the reporting period was RMB 2.210 billion, a 21.0% year-on-year decrease, consistent with the revenue decline, while the overall gross profit margin remained at 66.2%, with fluctuations across business segments and a significant drop in construction and decoration services gross profit margin - Gross profit decreased by **21.0%** to **RMB 2,210.0 million** year-on-year[49](index=49&type=chunk) - The overall gross profit margin was **66.2%**, consistent with the same period last year[49](index=49&type=chunk) - Gross profit margin for construction and decoration services significantly decreased from **20.9%** to **5.4%**[50](index=50&type=chunk) [Selling and Distribution Expenses](index=24&type=section&id=4.3%20Selling%20and%20Distribution%20Expenses) Selling and distribution expenses were RMB 366.3 million, a 20.9% year-on-year decrease, accounting for 11.0% of revenue, mainly due to reduced advertising and promotion, energy and maintenance, and staff costs - Selling and distribution expenses decreased by **20.9%** to **RMB 366.3 million** year-on-year[51](index=51&type=chunk) - This was primarily due to decreases in advertising and promotion expenses, energy and maintenance expenses, and staff costs[51](index=51&type=chunk) [Administrative Expenses](index=24&type=section&id=4.4%20Administrative%20Expenses) Administrative expenses were RMB 596.2 million, a 14.9% year-on-year decrease, accounting for 17.9% of revenue, mainly due to reduced staff costs and office and administrative expenses - Administrative expenses decreased by **14.9%** to **RMB 596.2 million** year-on-year[52](index=52&type=chunk) - This was primarily due to decreases in staff costs and office and administrative expenses[52](index=52&type=chunk) [Finance Costs](index=24&type=section&id=4.5%20Finance%20Costs) Finance costs were RMB 1.095 billion, a 15.8% year-on-year decrease, primarily benefiting from a further reduction in financing costs - Finance costs decreased by **15.8%** to **RMB 1,095.3 million** year-on-year[53](index=53&type=chunk) - This was primarily due to a further reduction in related financing costs[53](index=53&type=chunk) [Income Tax](index=25&type=section&id=4.6%20Income%20Tax) Income tax turned from a credit in the same period of 2024 to an expense of RMB 37.6 million, a 133.2% increase year-on-year, mainly due to increased deferred income tax expense - Income tax expense was **RMB 37.6 million**, an increase of **133.2%** compared to an income tax credit of **RMB 113.2 million** in the same period of 2024[54](index=54&type=chunk) - This was primarily due to an increase in deferred income tax expense during the reporting period[54](index=54&type=chunk) [Total Loss for the Period Attributable to Owners of the Company, Core Net Loss Attributable to Owners of the Company, and Loss Per Share](index=25&type=section&id=4.7%20Total%20Loss%20for%20the%20Period%20Attributable%20to%20Owners%20of%20the%20Company,%20Core%20Net%20Loss%20Attributable%20to%20Owners%20of%20the%20Company,%20and%20Loss%20Per%20Share) Total loss for the period attributable to owners of the Company was RMB 1.955 billion, a 46.2% year-on-year increase; core net loss was RMB 394 million, a 2.6% year-on-year increase; and loss per share expanded to RMB 0.45 Loss Attributable to Owners of the Company (H1 2025 vs H1 2024) | Metric | 2025 (RMB Thousand) | 2024 (RMB Thousand) | Increase/Decrease | | :--- | :--- | :--- | :--- | | Total Loss for the Period Attributable to Owners of the Company | (1,954,786) | (1,336,774) | 46.2% | | Core Net Loss Attributable to Owners of the Company | (393,939) | (383,784) | 2.6% | | Loss Per Share | (0.45) Yuan | (0.31) Yuan | - | [Trade Receivables](index=25&type=section&id=4.8%20Trade%20Receivables) As of the end of the reporting period, the carrying amount of trade receivables was RMB 556.8 million, a decrease of RMB 28.4 million from the end of 2024, with impairment provisions of RMB 1.588 billion - The carrying amount of trade receivables was **RMB 556.8 million**, a decrease of **RMB 28.4 million** compared to the end of 2024[58](index=58&type=chunk) - Impairment provisions for bad debts amounted to **RMB 1,588.4 million**[58](index=58&type=chunk) [Investment Properties and Fair Value Change Loss](index=26&type=section&id=4.9%20Investment%20Properties%20and%20Fair%20Value%20Change%20Loss) As of the end of the reporting period, the carrying amount of investment properties was RMB 95.609 billion, an increase of RMB 505 million from the end of 2024; new properties added during the period amounted to RMB 2.455 billion, but a fair value change loss of RMB 2.274 billion was incurred, mainly due to increased concessions to support tenant operations - The carrying amount of investment properties was **RMB 95,609.2 million**, an increase of **RMB 505.0 million** compared to the end of 2024[59](index=59&type=chunk) - New properties added during the reporting period amounted to **RMB 2,454.7 million**, while a fair value change loss of **RMB 2,274.0 million** was incurred[59](index=59&type=chunk) - The fair value change loss was mainly due to increased concessions to support tenant operations[59](index=59&type=chunk) [Capital Expenditure](index=26&type=section&id=4.10%20Capital%20Expenditure) Capital expenditure for the reporting period was RMB 137.9 million, a 29.2% year-on-year decrease, primarily including acquisition and construction development expenditures for investment properties, reflecting the company's effective control over capital expenditure - Capital expenditure was **RMB 137.9 million**, a **29.2%** year-on-year decrease[60](index=60&type=chunk) - This primarily included expenditures for the acquisition and construction development of investment properties[60](index=60&type=chunk) [Bank Balances and Cash and Cash Flows](index=26&type=section&id=4.11%20Bank%20Balances%20and%20Cash%20and%20Cash%20Flows) As of the end of the reporting period, cash and cash equivalents were RMB 3.222 billion, an increase of RMB 68 million from the end of 2024; operating cash flow turned from a net outflow to a net inflow of RMB 201.9 million, investing cash outflow significantly increased to RMB 946.4 million, and financing cash inflow was RMB 814.6 million - Cash and cash equivalents were **RMB 3,222.0 million**, an increase of **RMB 68.0 million** compared to the end of 2024[61](index=61&type=chunk) - Net cash inflow from operating activities was **RMB 201.9 million**, an increase of **RMB 1,023.2 million** compared to a net outflow in the same period of 2024[63](index=63&type=chunk)[64](index=64&type=chunk) - Net cash outflow from investing activities was **RMB 946.4 million**, an increase of **RMB 833.3 million** compared to a net outflow in the same period of 2024, mainly due to increased cash paid for the acquisition of subsidiaries[63](index=63&type=chunk)[64](index=64&type=chunk) - Net cash inflow from financing activities was **RMB 814.6 million**, an increase of **RMB 33.6 million** compared to the same period of 2024, mainly due to reduced cash paid for interest repayment[63](index=63&type=chunk)[64](index=64&type=chunk) [Key Gearing Ratios](index=27&type=section&id=4.12%20Key%20Gearing%20Ratios) As of the end of the reporting period, the asset-liability ratio was 58.3% and the net gearing ratio was 62.7%, both increasing from the end of 2024, indicating an increased level of financial leverage Key Gearing Ratios (As of June 30, 2025 vs December 31, 2024) | Metric | As of June 30, 2025 | As of December 31, 2024 | Change | | :--- | :--- | :--- | :--- | | Asset-Liability Ratio | 58.3% | 56.8% | +1.5pp | | Net Gearing Ratio | 62.7% | 54.8% | +7.9pp | - Investment properties and fixed assets totaling **RMB 82,618.9 million** were mortgaged/pledged to obtain borrowings of **RMB 31,950.9 million**[66](index=66&type=chunk) [Contingent Liabilities](index=28&type=section&id=4.13%20Contingent%20Liabilities) There were no contingent liabilities at the end of the reporting period - There were no contingent liabilities at the end of this reporting period[68](index=68&type=chunk) [Financial Resources](index=28&type=section&id=4.14%20Financial%20Resources) The Group's future funding will primarily come from operating cash flows, bank borrowings, bond issuance, and equity contributions, and it will continue to monitor liquidity needs and comply with loan covenants - Future funding will primarily come from operating cash flows, bank borrowings, bond issuance, and equity contributions[69](index=69&type=chunk) - The Group will continue to regularly monitor liquidity needs, comply with loan covenants, and ensure sufficient cash reserves and credit lines are maintained[69](index=69&type=chunk) [Significant Acquisitions and Disposals of Subsidiaries, Associates, and Joint Ventures](index=28&type=section&id=4.15%20Significant%20Acquisitions%20and%20Disposals%20of%20Subsidiaries,%20Associates,%20and%20Joint%20Ventures) The report claims the company had no significant acquisitions and disposals during the reporting period, which contradicts the acquisitions of Yantai Red Star and Tangshan Fengnan Property Project disclosed in the notes to the financial statements - During the reporting period, the Company claimed no significant acquisitions and disposals of subsidiaries, associates, and joint ventures[70](index=70&type=chunk) - **Note:** This statement contradicts the acquisitions of Yantai Red Star and Tangshan Fengnan Property Project disclosed in Note 18 (Acquisition of Subsidiaries, chunk 45) to the financial statements[45](index=45&type=chunk)[70](index=70&type=chunk) [Capital Commitments](index=28&type=section&id=4.16%20Capital%20Commitments) As of the end of the reporting period, capital expenditure for contracted but unrecognised acquisitions and development of investment properties amounted to RMB 720.5 million, with additional investment commitments of RMB 69.2 million - Capital expenditure for contracted but unrecognised acquisitions and development of investment properties amounted to **RMB 720.5 million**[71](index=71&type=chunk) - Investment commitments for joint development of investment properties with partners amounted to **RMB 69.2 million**[71](index=71&type=chunk) [Foreign Exchange Risk](index=28&type=section&id=4.17%20Foreign%20Exchange%20Risk) The Group faces foreign exchange risk from USD bonds and a small amount of foreign currency deposits; management has implemented risk control measures such as forward contracts and currency swaps, and believes foreign exchange risk will not have a significant impact on operating performance - Foreign exchange risk primarily arises from USD bonds and a small amount of foreign currency deposits[72](index=72&type=chunk) - Management has implemented risk control measures such as forward contracts and currency swaps, and believes foreign exchange risk will not have a significant impact on operating performance[72](index=72&type=chunk) [Significant Investments](index=29&type=section&id=4.18%20Significant%20Investments) There were no significant investments during the reporting period, nor any plans for significant investments as of the announcement date - The Group had no significant investments during the reporting period, nor any plans for significant investments as of the announcement date[73](index=73&type=chunk) [Business Review and Outlook](index=29&type=section&id=V.%20Business%20Review%20and%20Outlook) [Human Resources](index=29&type=section&id=5.1%20Human%20Resources) As of the end of the reporting period, the Group's total number of employees decreased to 10,037, with total remuneration expenses of RMB 859 million, and the company continues to provide training to enhance employee capabilities - As of the end of the reporting period, the Group employed **10,037** employees, a decrease of **3,108** from the same period in 2024[74](index=74&type=chunk) - Total remuneration expenses for the reporting period amounted to **RMB 858.6 million**[74](index=74&type=chunk) [Industry Overview and Business Strategies](index=29&type=section&id=5.2%20Industry%20Overview%20and%20Business%20Strategies) The home furnishing and building materials industry faces challenges from supply fluctuations and demand decline; the company actively responds by offering rent reductions, adjusting strategic layouts, introducing quality brands, advancing the "3+Star Ecosystem" strategy, digital intelligence upgrades, and integrated online-offline marketing, while also responding to national "trade-in" policies [Industry Challenges and Company Response](index=29&type=section&id=5.2.1%20Industry%20Challenges%20and%20Company%20Response) The home furnishing and building materials industry is affected by supply fluctuations and demand decline; the company offers rent reductions to support tenants and actively adjusts its strategy to attract quality brands - The home furnishing and building materials industry faces a dual challenge of supply fluctuations and demand decline due to multiple reasons[74](index=74&type=chunk) - The company provided rent and management fee reductions to some tenants to support the stable development of small and medium-sized enterprises[74](index=74&type=chunk) - The company actively adjusted its strategy and mall category layout to attract quality brands such as designers, home decoration companies, and new energy vehicles[74](index=74&type=chunk) [Operating Data](index=29&type=section&id=5.2.2%20Operating%20Data) As of June 30, 2025, the company operated 76 self-operated shopping malls (average occupancy rate 84.2%) and 235 managed shopping malls (average occupancy rate 81.3%), covering 189 cities with a total operating area of 19.36 million square meters - Operates **76** self-operated shopping malls with an average occupancy rate of **84.2%**[74](index=74&type=chunk) - Operates **235** managed shopping malls with an average occupancy rate of **81.3%**[74](index=74&type=chunk) - Covers **189** cities nationwide, with a total shopping mall operating area of **19,361,762 square meters**[74](index=74&type=chunk) [Strategic Ecosystem and New Business Development](index=30&type=section&id=5.2.3%20Strategic%20Ecosystem%20and%20New%20Business%20Development) The company is steadily advancing its "3+Star Ecosystem" strategy, centered on "home" and integrating home furnishings, home appliances, and home decoration; high-end appliance operating area accounts for 9.4%, with plans to build 40 high-end appliance ecosystem benchmarks; M+ Design Centers have reached 731,000 square meters, collaborating with nearly 5,000 designers; new energy vehicle business has entered 50 malls, with operating area increasing by 97,000 square meters; actively responding to the "trade-in" policy, achieving sales of RMB 7.31 billion in H1 - Steadily advancing the "3+Star Ecosystem" strategy, centered on "home," extending from home furnishings to home appliances and home decoration[75](index=75&type=chunk) - High-end appliance operating area accounts for **9.4%**, with plans to build **40** high-end appliance ecosystem benchmarks in the next three years[75](index=75&type=chunk) - M+ Design Centers have been developed to **731,000 square meters**, introducing over **1,000** design studios and collaborating with nearly **5,000** excellent designers[75](index=75&type=chunk) - New energy vehicle business has entered **50** shopping malls, covering **44** cities, with an operating area of **261,000 square meters**, an increase of **97,000 square meters** from the end of 2024[75](index=75&type=chunk) - Actively responding to the national "trade-in" policy, with **743,000** trade-in orders and sales of **RMB 7.31 billion** across national malls in H1[75](index=75&type=chunk) [Digital Intelligence Upgrade and Marketing Operations](index=30&type=section&id=5.2.4%20Digital%20Intelligence%20Upgrade%20and%20Marketing%20Operations) The company focuses on four areas of digital intelligence upgrade: strategic business support, process efficiency, model-driven, and intelligent applications, to enhance business development and management efficiency; in marketing, it deeply integrates online and offline, building a "online seeding - offline experience" closed loop, and implementing "trade-in," "ten thousand-plate service plan," and "home delivery service system" initiatives - Digital intelligence upgrade focuses on four key areas: "strategic business support," "process efficiency," "model-driven," and "intelligent applications"[76](index=76&type=chunk) - In marketing operations, online and offline are deeply integrated, building a "online seeding - offline experience" closed loop through platforms like Douyin, Xiaohongshu, and Meituan[76](index=76&type=chunk) - Offline, the company is solidifying "trade-in," launching the "ten thousand-plate service plan," and co-building a home delivery service system[76](index=76&type=chunk) [Outlook and Prospects](index=31&type=section&id=5.3%20Outlook%20and%20Prospects) The Group will continue to adhere to the "market-oriented operation, mall-based management" model, consolidate its market leadership and brand image, aiming to become China's leading and most professional "omnichannel platform service provider for the home decoration and furniture industry"; future development plans include light-asset transformation, deep expansion into the home decoration sector, new retail development, strengthened financial management, and improved corporate governance [Corporate Vision and Goals](index=31&type=section&id=5.3.1%20Corporate%20Vision%20and%20Goals) The Group is committed to building warm and harmonious homes, enhancing consumption and home living quality, and aims to become China's leading and most professional "omnichannel platform service provider for the home decoration and furniture industry" - The corporate vision is to "build warm and harmonious homes and enhance consumption and home living quality"[77](index=77&type=chunk) - The development goal is to become China's leading and most professional "omnichannel platform service provider for the home decoration and furniture industry"[77](index=77&type=chunk) [Future Development Plans](index=31&type=section&id=5.3.2%20Future%20Development%20Plans) Future development plans include adhering to a "light-asset, heavy-operation" transformation, deeply expanding into the home decoration sector, promoting new retail, strengthening financial management, and continuously improving corporate governance - Adhere to the "light-asset, heavy-operation" transformation to further solidify market leadership[78](index=78&type=chunk) - Deeply expand into the home decoration sector to establish consumer mindshare[78](index=78&type=chunk) - Promote the development of new retail to empower mall operations[78](index=78&type=chunk) - Strengthen financial management to achieve high-quality development[78](index=78&type=chunk) - Continuously improve corporate governance, standardize operations, and fulfill social responsibilities[78](index=78&type=chunk) [Corporate Governance and Other Information](index=32&type=section&id=VI.%20Corporate%20Governance%20and%20Other%20Information) [Corporate Governance](index=32&type=section&id=6.1%20Corporate%20Governance) The company is committed to maintaining high standards of corporate governance, having adopted and complied with the Hong Kong Stock Exchange's Corporate Governance Code and the Model Code for Securities Transactions by Directors of Listed Issuers [Compliance with the Corporate Governance Code](index=32&type=section&id=6.1.1%20Compliance%20with%20the%20Corporate%20Governance%20Code) The company has adopted and complied with the principles and code provisions of the Hong Kong Stock Exchange's Corporate Governance Code - The Company has adopted and complied with the principles and code provisions of the Hong Kong Stock Exchange's Corporate Governance Code[80](index=80&type=chunk)[81](index=81&type=chunk) [Compliance with the Model Code](index=32&type=section&id=6.1.2%20Compliance%20with%20the%20Model%20Code) The company has adopted and complied with the Model Code for Securities Transactions by Directors of Listed Issuers, with all directors and supervisors confirming compliance during the reporting period - The Company has adopted the Model Code for Securities Transactions by Directors of Listed Issuers, and all directors and supervisors confirmed compliance[82](index=82&type=chunk) [Securities Related Matters](index=33&type=section&id=6.2%20Securities%20Related%20Matters) During the reporting period, the company did not purchase, sell, or redeem listed securities but held A-share treasury stock for employee incentives; no interim dividend was declared; detailed disclosures were made on the use of proceeds from A-share public and non-public offerings, with some projects concluded or terminated; shareholder and senior management share reduction plans were disclosed, as well as the proposed judicial enforcement of shares held by a shareholder holding 5% or more [Purchase, Sale or Redemption of Listed Securities](index=33&type=section&id=6.2.1%20Purchase,%20Sale%20or%20Redemption%20of%20Listed%20Securities) During the six months ended June 30, 2025, the Group did not purchase, sell, or redeem any of the company's listed securities; as of June 30, 2025, the company held 1,044,800 A-share treasury shares, to be used for employee stock ownership or equity incentive plans - The Group did not purchase, sell, or redeem any of the Company's listed securities during the six months ended June 30, 2025[83](index=83&type=chunk) - The Company holds **1,044,800** A-share treasury shares, which will be entirely used for employee stock ownership plans or equity incentive plans[83](index=83&type=chunk) [Interim Dividend](index=33&type=section&id=6.2.2%20Interim%20Dividend) The Board of Directors did not recommend the payment of a dividend for the six months ended June 30, 2025 - The Board of Directors did not recommend the payment of a dividend for the six months ended June 30, 2025[84](index=84&type=chunk) [Use of Proceeds from A-share Public Offering](index=33&type=section&id=6.2.3%20Use%20of%20Proceeds%20from%20A-share%20Public%20Offering) The net proceeds from the 2018 A-share public offering amounted to RMB 3.050 billion and were used as disclosed; several home furnishing mall construction projects have been fully invested, the Changsha Jinxia Mall project has been concluded, the new generation smart home furnishing mall project has been terminated, and the remaining funds have been permanently used to supplement working capital - Net proceeds from the A-share public offering amounted to **RMB 3,050,007,849.63**[85](index=85&type=chunk) - Several home furnishing mall construction projects have been fully invested[88](index=88&type=chunk) - The Changsha Jinxia Mall project has been concluded, the new generation smart home furnishing mall project has been terminated, and the remaining proceeds have been permanently used to supplement working capital[89](index=89&type=chunk) [Use of Proceeds from A-share Non-public Offering](index=36&type=section&id=6.2.4%20Use%20of%20Proceeds%20from%20A-share%20Non-public%20Offering) The net proceeds from the 2021 A-share non-public offering amounted to RMB 3.678 billion and were used as disclosed; projects such as Tmall "Home Decoration City Station" have been terminated, with proceeds fully utilized or permanently used to supplement working capital; the Foshan Lecong Mall project has been suspended, and the Nanning Dingqiu Mall project has been postponed - Net proceeds from the A-share non-public offering amounted to **RMB 3,678,363,799.29**[90](index=90&type=chunk)[92](index=92&type=chunk) - The Tmall "Home Decoration City Station" project, 3D Design Cloud Platform construction project, and New Generation Home Decoration Platform System construction project have been terminated, with remaining proceeds permanently used to supplement working capital[94](index=94&type=chunk) - The Foshan Lecong Mall project has been suspended, and the Nanning Dingqiu Mall project has been postponed until December 2026[93](index=93&type=chunk) [Share Reduction Plan by Shareholders and Senior Management](index=40&type=section&id=6.2.5%20Share%20Reduction%20Plan%20by%20Shareholders%20and%20Senior%20Management) The company disclosed on July 26, 2025, the share reduction plans of shareholder Hangzhou Haoyue Enterprise Management Co., Ltd. and Board Secretary Ms. Qiu Zhe, with the reduction period from September 1, 2025, to November 30, 2025 - Shareholder Hangzhou Haoyue Enterprise Management Co., Ltd. and Board Secretary Ms. Qiu Zhe disclosed their share reduction plans[99](index=99&type=chunk) - The share reduction period is from September 1, 2025, to November 30, 2025[99](index=99&type=chunk) [Proposed Judicial Enforcement of Shares Held by Shareholders Holding 5% or More](index=40&type=section&id=6.2.6%20Proposed%20Judicial%20Enforcement%20of%20Shares%20Held%20by%20Shareholders%20Holding%205%25%20or%20More) The company received a court enforcement ruling stating that 43,023,000 A-shares held by Changzhou Meikai Information Technology Co., Ltd., a shareholder holding 5% or more, will be sold at market price through centralized bidding, with proceeds transferred to the court account - **43,023,000** A-shares held by Changzhou Meikai Information Technology Co., Ltd., a shareholder holding **5%** or more, are subject to proposed judicial enforcement[100](index=100&type=chunk) - The shares will be sold at market price through centralized bidding, and the proceeds will be transferred to the court account[100](index=100&type=chunk) [Changes in Board of Directors and Management](index=39&type=section&id=6.3%20Changes%20in%20Board%20of%20Directors%20and%20Management) Subsequent to the reporting period, the company's Board of Directors underwent several changes, including the appointment of Ms. Ye Yanliu as a non-executive director, Mr. Che Jianxing's resignation as general manager while remaining an executive director, Mr. Shi Yaofeng's appointment as the new general manager, Mr. Li Jianhong's resignation as a non-executive director, the appointment of Mr. Xu Guofeng as a non-executive director, and the election of Mr. Zheng Jianjie as an employee director - Ms. Ye Yanliu was appointed as a non-executive director of the Fifth Board of Directors[95](index=95&type=chunk) - Mr. Che Jianxing resigned as general manager but remains an executive director[95](index=95&type=chunk) - Mr. Shi Yaofeng was appointed as the company's general manager[95](index=95&type=chunk) - Mr. Li Jianhong resigned as a non-executive director, and Mr. Xu Guofeng was appointed as a non-executive director[96](index=96&type=chunk) - Mr. Zheng Jianjie was elected as an employee director of the Fifth Board of Directors[96](index=96&type=chunk) [Abolition of Supervisory Committee and Amendments to Articles of Association](index=40&type=section&id=6.4%20Abolition%20of%20Supervisory%20Committee%20and%20Amendments%20to%20Articles%20of%20Association) The company has approved the abolition of the Supervisory Committee, with its functions to be exercised by the Board's Audit Committee, and has repealed related regulations while amending the Articles of Association and other governance documents - The company plans to abolish the Supervisory Committee, with its functions to be exercised by the Board's Audit Committee[98](index=98&type=chunk) - The "Rules of Procedure for the Supervisory Committee of Red Star Macalline Group Corporation Ltd." and other related Supervisory Committee regulations have been repealed, and the "Articles of Association" and other governance documents have been amended[98](index=98&type=chunk) [Review of Interim Results](index=40&type=section&id=6.5%20Review%20of%20Interim%20Results) The Board's Audit Committee has reviewed the interim results announcement and condensed consolidated financial statements for the six months ended June 30, 2025 - The Board's Audit Committee has reviewed the interim results announcement and condensed consolidated financial statements for the six months ended June 30, 2025[101](index=101&type=chunk) [Publication of Announcement](index=41&type=section&id=6.6%20Publication%20of%20Announcement) This announcement has been published on the Hong Kong Stock Exchange website and the company's website, and the 2025 interim report will be dispatched to shareholders and published on relevant websites in due course - This announcement has been published on the Hong Kong Stock Exchange website and the Company's website[102](index=102&type=chunk) - The 2025 interim report will be dispatched to shareholders and published on relevant websites in due course[102](index=102&type=chunk) [Board Members](index=41&type=section&id=6.7%20Board%20Members) As of the announcement date, the company's Board of Directors includes executive directors, non-executive directors, independent non-executive directors, and employee directors - A list of executive directors, non-executive directors, independent non-executive directors, and employee directors as of the announcement date is provided[103](index=103&type=chunk)

转自：证券时报 人民财讯8月29日电，美凯龙(601828)8月29日晚间披露半年报，2025年上半年，公司实现营业收入33.37 亿元，同比下降21.01%；归属于上市公司股东的净利润-19亿元；基本每股收益-0.44元。 ...

红星美凯龙家居集团股份有限公司 证券代码：601828 证券简称：美凯龙 编号：2025-068 红星美凯龙家居集团股份有限公司 关于召开 2025 年半年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： 红星美凯龙家居集团股份有限公司（以下简称"公司"）于 2025 年 08 月 30 日发布公司 2025 年半年度报告，为便于广大投资者更全面深入地了解公司 2025 年半年度经营成果、财务状况，公司计划于 2025 年 09 月 18 日 （星期四） 15:00-16:00 举行 2025 年半年度业绩说明会，就投资者关心的问题进行交流。 一、 说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年半年度的经营 成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的范 围内就投资者普遍关注的问题进行回答。 会议召开时间：2025 年 09 月 18 日 （星期四） 15:00-16:00 会议召开地点：上海证券交易所上证路演中心（网址：https://roa ...

红星美凯龙家居集团股份有限公司 红星美凯龙家居集团股份有限公司 2025 年上半年度募集资金存放与实际使用情况的专项报 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。 证券代码：601828 证券简称：美凯龙 编号：2025-065 红星美凯龙家居集团股份有限公司 | 暂时闲置募集资金补充流动资金归还 | | | 350,000,000.00 | | --- | --- | --- | --- | | 减：报告期募集资金支出 | | | - | | 暂时闲置募集资金补充流动资金 | | | - | | 募集资金永久补充流动资金 | | | 333,000,000.00 | | 银行手续费用 | | | 486.00 | | 2025 年 6 30 | 月 | 日募集资金专户应有余额 | 24,776,694.53 | | 年 2025 6 30 | 月 | 日募集资金专户实际余额 | 24,776,694.53 | | 期末募集资金应有余额与实际结余募集资金的差额 | | | - | （一）首次公开发行募集资金金额、资金 ...

红星美凯龙家居集团股份有限公司 2025 年半年度经营数据公告 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 红星美凯龙家居集团股份有限公司 证券代码：601828 证券简称：美凯龙 编号：2025-066 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。 根据上海证券交易所 《上市公司行业信息披露指引第五号——零售》以及 《关于做好主板上市公司 2025 年半年度报告披露工作的重要提醒》的要求，红 星美凯龙家居集团股份有限公司（"公司"）将 2025 年半年度（"报告期"）主要 经营数据披露如下： 截至 2025 年 6 月 30 日，公司经营 76 家自营商场，235 家不同管理深度的 委管商场，通过战略合作经营 7 家家居商场，此外，公司以特许经营方式授权 23 家特许经营家居建材项目，共包括 369 家家居建材店/产业街。 一、2025 年半年度商场变动情况 报告期内，公司关闭 2 家自营商场，位于重庆市、广东广州，有 3 家商场由 委管转为自营，位于河北唐山、天津市，有 2 家商场由自营转为委管，位于内蒙 古包头、江苏常州；委管商场新开 1 家商场，位于江苏泰州， ...

红星美凯龙家居集团股份有限公司 证券代码：601828 证券简称：美凯龙 编号：2025-064 表决结果: 同意 15 票、反对 0 票、弃权 0 票。 公司 2025 年半年度报告包括 A 股 2025 年半年度报告和 H 股 2025 年半年度 报告，分别根据公司证券上市地上市规则、中国企业会计准则编制，其中 A 股 2025 年半年度报告包括半年度报告全文和摘要两个文件，将与本公告同日披露； H 股 2025 年半年度报告包括半年度业绩公告和印刷版半年度报告，半年度业绩 1 红星美凯龙家居集团股份有限公司 第五届董事会第九次会议决议公告 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 红星美凯龙家居集团股份有限公司（以下简称"公司"）第五届董事会第九 次会议以电子邮件方式于 2025 年 8 月 15 日发出通知和会议材料，并于 2025 年 8 月 29 日以现场结合通讯方式召开。会议应出席董事 15 人，实际出席董事 15 人（含授权代表），其中车建兴先生因故无法亲自出席并委托徐国峰先生代为出 席并投票，会议由董事长李玉鹏主持，本次会议的召开及审议符合《中华人民共 和国公司法》和 ...