红星美凯龙家居集团股份有限公司 简式权益变动报告书 上市公司： 红星美凯龙家居集团股份有限公司 A 股股票上 上海证券交易所 市地点： 股票简称： 美凯龙 股票代码： 601828 H 股股票上 香港联合交易所有限公司 市地点： 股票简称： 红星美凯龙 股票代码： 01528 股份权益变动性质： 股份减少 信息披露义务人一： 红星美凯龙控股集团有限公司 住所： 上 海 市 浦 东 新 区 临 御 路 518 号 6 楼 F8020-1 通讯地址： 上海市闵行区申长路 1466 弄 5 号红星美 凯龙总部 A 座北楼 信息披露义务人二： 车建兴 住所： 上海市静安区****** 通讯地址： 上海市闵行区申长路 1466 弄 信息披露义务人的一 常州美开信息科技有限公司 致行动人之一： 住所： 武进国家高新技术产业开发区西湖路 1 号众创中心 A 座 127-3 通讯地址： 上海市闵行区申长路 1466 弄 5 号楼 A 座 北楼 信息披露义务人的一 陈淑红 致行动人之二： 住所： 上海市静安区****** 通讯地址： 上海市闵行区申长路 1466 弄 信息披露义务人的一 车建芳 致行动人之三： 住所： 上海市闵 ...

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：2025-046 红星美凯龙家居集团股份有限公司 关于公司第二大股东重整计划获法院批准暨权益变 动的提示性公告 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。 重要内容提示： 一、第二大股东《重整计划》相关事项进展情况 红星美凯龙家居集团股份有限公司（以下简称"公司"）分别于 2024 年 6 月 （编号：2024-037）、 《关于公司第二大股东重整申请被受理的进展及相关事项的 澄清公告》（编号：2024-039）。 近日，公司收到红星美凯龙控股集团有限公司（以下简称"红星控股"）发 来的《简式权益变动报告书》 《重整计划》及上海市浦东新区人民法院送达的《民 事裁定书》（（2024）沪 0115 破 90 号之六），法院已裁定批准《红星美凯龙控股 红星美凯龙家居集团股份有限公司 集团有限公司重整计划（草案）》 （以下简称" 《重整计划》"），并终止红星控股的 重整程序。裁定书的主要内容如下： 本院认为：企业破产法第八十六条规定，各表决组均通过重整 ...

红星美凯龙家居集团股份有限公司 简式权益变动报告书 | 上市公司： | 红星美凯龙家居集团股份有限公司 | | --- | --- | | 股股票上 A | 上海证券交易所 | | 市地点： | | | 股票简称： | 美凯龙 | | 股票代码： | 601828 | | 股股票上 H | 香港联合交易所有限公司 | | 市地点： | | | 股票简称： | 红星美凯龙 | | 股票代码： | 01528 | 股份权益变动性质： 股份减少 信息披露义务人一： 红星美凯龙控股集团有限公司 住所： 上 海 市 浦 东 新 区 临 御 路 518 号 6 楼 F8020-1 通讯地址： 上海市闵行区申长路 1466 弄 5 号红星美 凯龙总部 A 座北楼 信息披露义务人二： 车建兴 | | | 通讯地址： 上海市闵行区申长路 1466 弄 信息披露义务人的一 常州美开信息科技有限公司 致行动人之一： 住所： 武进国家高新技术产业开发区西湖路 1 号众创中心 A 座 127-3 通讯地址： 上海市闵行区申长路 1466 弄 5 号楼 A 座 北楼 信息披露义务人的一 陈淑红 致行动人之二： 住所： 上海市静安区*** ...

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：2025-046 红星美凯龙家居集团股份有限公司 关于公司第二大股东重整计划获法院批准暨权益变 动的提示性公告 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。 重要内容提示： 一、第二大股东《重整计划》相关事项进展情况 本次权益变动属于因公司第二大股东重整计划获法院批准导致的减持，本次 权 益 变 动 后 红 星 控 股 持 有 的 公 司 股 份 将 由 980,325,353 股 减 少 至 824,831,858 股，持股比例从 22.512%下降到 18.941%，红星控股及其一致行 动人合计持有的公司股份将由 1,023,955,993 股减少至 868,462,498 股，持 股比例从 23.514%下降到 19.943%。且红星控股按照《重整计划》进行出资 人权益调整后，车建兴将不再控制红星控股。 本次权益变动不会使公司控股股东及实际控制人发生变化。对公司的资产、 财务、业务等方面的独立性不产生影响，公司日常经营情况正常，本次权益 变 ...

行业的这种变化，或将成为红星美凯龙的一个新机遇。上游家电厂商向智能化、零碳化技术迭代，衍生 出了新的消费需求；而作为家居零售领域的领军企业，红星美凯龙或可通过打通家电与家装、家居之间 的流量关联，实现服务融合及运营协同。 地产市场的周期性波动，给产业链带来了前所未有的挑战。如何找到新增长点考验着相关企业的战略眼 光和经营能力。 作为家居零售领域的领军企业，红星美凯龙（601828）家居集团股份有限公司(以下简称"红星美凯龙") 正通过深入挖掘高端家电等新赛道机遇，探索打开新增量空间。今年5月末，红星美凯龙将其上海全球 家居1号店内的美凯龙电器馆升级到2.0版"Mega-E智电绿洲"，并启动电器新三年战略，拟在未来三年 内，在全国打造40座高端电器生态标杆。 高端电器缘何成为增长引擎？相较于电商及其他家电卖场，红星美凯龙又将如何布局？日前，《证券日 报》记者对红星美凯龙进行了走访调研。公司执行总裁朱家桂表示，基于过往的家居零售优势，红星美 凯龙正在打造"家居、家装、家电"为一体的生态服务体系，旨在以产品为载体，以场景体验为核心，重 塑公司的行业竞争力。"存量时代下，公司更深层目标在于突破传统渠道竞争模式，通过整 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年5月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 紅星美凱龍家居集團股份有限公司 呈交日期: 2025年6月5日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01528 | 說明 | H 股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 741,285,634 | RMB | | 1 RMB | | 741,285,634 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 741,285,634 | RMB | | 1 RMB | | 741,285,634 | | 2. 股份分類 | 普通股 | 股份類別 | ...

Core Viewpoint - Red Star Macalline's strategic upgrade of its appliance section to "Mega-E Smart Electric Oasis" represents a significant response to the challenges faced by the home appliance retail industry, particularly the saturation of online traffic and the need for offline value reconstruction [1][3]. Industry Challenges - The home appliance retail sector is experiencing a fragmented landscape, with e-commerce platforms competing for traffic, chain stores struggling with scale, and high-end experience stores facing challenges in market penetration [3]. - Traditional retail channels are encountering development bottlenecks, including low user loyalty and thin profit margins in online channels, severe homogenization in chain stores, and limited reach in high-end experience stores [3][5]. Red Star Macalline's Strategic Response - The "Mega-E Smart Electric Oasis" aims to create a complete ecological loop through a three-layer structure of "basic functions + scenario solutions + value-added services," addressing the industry's fragmentation [3][5]. - The new store in Shanghai has expanded its operational area from 16,000 square meters to 33,000 square meters and increased the number of brands from 57 to 103, catering to consumer demand for larger scale channels [5]. Innovative Features of the Upgrade - The upgrade includes personalized exhibition halls for different consumer segments, such as "Trendy Electric Collection" and "Zero Carbon Living," along with a service center offering integrated design, installation, and recycling services [5][6]. - The new approach combines characteristics of various channels, enhancing in-store conversion rates and optimizing product procurement costs while increasing the proportion of service revenue [5][6]. Three-Dimensional Reconstruction - The upgrade emphasizes a return to the essence of retail by focusing on the core elements of "people, space, and goods," leading to a fundamental transformation in channel functions and business models [6][10]. - Red Star Macalline's strategy includes a gradient approach to product offerings, expanding categories and introducing a variety of brands to stimulate market consumption [7][8]. Future Strategic Goals - The company plans to implement a "Four Channels Unified + Ecological Synergy" strategy over the next three years, aiming to redefine the competitive rules of offline channels [14]. - The "3+ Star Ecology" initiative will leverage a network of 5,500 designers to enhance cross-category purchasing rates and ensure future revenue growth through collaborations with real estate developers [14][15]. Competitive Advantages - The ecological structure created by Red Star Macalline provides a unique risk resistance barrier, enhancing the in-store conversion rate and optimizing profit structures [15]. - The focus on service revenue and lifecycle management of customer relationships aims to reduce reliance on price wars and facilitate a strategic shift from traditional retail to value-added services [15].

Core Viewpoint - The "old-for-new" policy in the building materials industry aims to stimulate consumption and promote the renovation of existing homes, thereby driving stable growth and transformation in the sector [1][2]. Group 1: Policy Impact - The "old-for-new" policy is crucial for stabilizing growth in the building materials industry, effectively stimulating consumer demand and activating the renovation market for existing homes [2]. - The government has introduced a series of supportive policies to encourage home renovations and promote new consumption patterns, including smart home products [2][3]. - The "2024 Building Materials Industry Old-for-New Action" has seen participation from 43 key enterprises across eight categories, providing diverse services and discounts to consumers [2][3]. Group 2: Market Performance - Key participating companies have reported significant performance improvements, with Dongpeng Group experiencing a 60% increase in retail performance in certain regions and a 189.2% increase in revenue [3]. - Red Star Macalline's participation in the "old-for-new" initiative resulted in 525,400 orders and sales of 5.23 billion yuan from January to May 2025 [3]. Group 3: Consumer Trends - Consumers are increasingly prioritizing health, sustainability, and smart features in their purchasing decisions, leading to a demand for eco-friendly and high-quality building materials [4][5]. - The aging population has driven a notable increase in demand for home renovations that cater to elderly needs, such as smart toilets and temperature-controlled shower systems [5]. Group 4: Subsidy Mechanism - The 2025 "old-for-new" policy will include subsidies for home renovation materials, clarifying funding sources and expanding the range of eligible products [6][7]. - Subsidy standards have been set, with a maximum of 15% for general products and up to 30% for elderly-friendly renovation products, aiming to enhance consumer participation [6][7]. Group 5: Service Innovations - Companies like Red Star Macalline are enhancing service efficiency by integrating online and offline resources, providing comprehensive support for the "old-for-new" process [7][8]. - Jomoo Group is expanding its service network to ensure timely and efficient installation and renovation services, further improving customer experience [8].

Core Viewpoint - Red Star Macalline is innovating in the automotive circulation sector by integrating home and automotive industries, aiming to create a new business model that enhances consumer experience and expands its market presence [1] Group 1: Company Strategy - Red Star Macalline has introduced a "3100" plan to develop a "car-home integration" model over three years, targeting an operational area of over 1 million square meters in the automotive sector [1] - The company is actively collaborating with major automotive manufacturers like Tesla and Ford, as well as automotive platforms such as Katai Chi and Weiche, to expand its automotive offerings [1] Group 2: Market Positioning - The company emphasizes its strategic location advantage, with over 100 malls situated within a 3-kilometer radius of automotive business districts, making it convenient for consumers [1] - Red Star Macalline's rental policies are more competitive compared to traditional shopping centers, enhancing its attractiveness to automotive dealers [1] Group 3: Partnership and Collaboration - The company is inviting quality automotive dealers to collaborate through a tailored "one store, one policy" approach, offering shared consumer data and cross-industry membership benefits [1] - The expansion of Red Star Macalline's automotive ecosystem is aimed at creating a comprehensive platform that connects home and automotive consumption [1]

Core Viewpoint - The company is providing a guarantee for its subsidiary, Suzhou Hongxing, to secure a loan from Industrial and Commercial Bank of China, with a focus on meeting operational needs and ensuring financial stability [2][3][7]. Financing and Guarantee Details - Suzhou Hongxing signed a loan agreement for RMB 500 million in July 2018, with a current balance of RMB 180 million for which the company will provide a 60% joint liability guarantee [3][5]. - The total assets of Suzhou Hongxing as of April 30, 2025, are RMB 512.31 million, with total liabilities of RMB 601.24 million, resulting in a negative net asset of RMB 88.93 million and an asset-liability ratio of 117.36% [4][6]. - The company has provided a guarantee amounting to RMB 108 million, with no existing guarantees overdue [5][6]. Financial Performance of Suzhou Hongxing - For the period from January to April 2025, Suzhou Hongxing reported revenue of RMB 11.81 million and a net loss of RMB 9.43 million [4][6]. - In 2024, the subsidiary had total assets of RMB 526.89 million, total liabilities of RMB 605.11 million, and a net loss of RMB 23.30 million [3][4]. Board's Opinion and Justification - The board believes that the guarantee aligns with the operational needs of Suzhou Hongxing and supports the subsidiary's business development, which is expected to enhance economic benefits for the company and its shareholders [7]. - The overall risk of the guarantee is considered manageable, and it will not adversely affect the company's operations or the interests of its shareholders, particularly minority shareholders [6][7]. Cumulative Guarantee Situation - As of now, the total cumulative guarantee provided by the company and its subsidiaries amounts to RMB 1.54 billion, with guarantees to subsidiaries totaling RMB 1.33 billion, representing 33.21% and 28.57% of the company's net assets as of December 31, 2024 [7].