证券代码：603008 证券简称：喜临门 公告编号：2025-056 喜临门家具股份有限公司 第六届董事会第十三次会议决议的公告 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。 一、董事会会议召开情况 喜临门家具股份有限公司（以下简称"公司"）于 2025 年 11 月 10 日在公 司国际会议室以现场结合通讯的方式召开第六届董事会第十三次会议。经全体 董事同意，豁免本次会议的通知时限。会议应出席董事 9 名，实际出席董事 9 名。会议由董事长陈阿裕先生主持，公司高级管理人员列席会议。本次会议的 召集、召开符合《公司法》和《公司章程》的有关规定，会议决议合法、有效。 二、董事会会议审议情况 1、审议通过《关于选举代表公司执行公司事务的董事的议案》 根据《公司法》《公司章程》的相关规定，同意选举陈阿裕先生为代表公司 执行公司事务的董事，为公司法定代表人。本次选举完成后，公司法定代表人 未发生变更。 表决结果：同意：9 票；反对：0 票；弃权：0 票。 2、审议通过《关于确认董事会审计委员会成员和召集人的议案》 《公司章程》修订后 ...

Core Viewpoint - The company reported a steady growth in revenue and net profit for the first three quarters of 2025, with a notable increase in Q3 revenue despite a decline in profit margins due to promotional activities and an increase in lower-tier product lines [1] Group 1: Financial Performance - For Q1-Q3 2025, the company achieved revenue of 6.196 billion, net profit attributable to shareholders of 399 million, and net profit excluding non-recurring items of 394 million, representing year-on-year growth of 3.68%, 6.45%, and 7.62% respectively [1] - In Q3 2025, the company reported revenue of 2.176 billion, net profit attributable to shareholders of 133 million, and net profit excluding non-recurring items of 134 million, with year-on-year changes of +7.78%, -6.10%, and -6.16% respectively [1] - The gross margin in Q3 2025 decreased by 0.91 percentage points year-on-year, primarily due to increased promotional activities and a higher proportion of lower-tier products [5] Group 2: Retail Segment - The retail business for self-owned brands generated revenue of 3.88 billion in Q1-Q3 2025, with a year-on-year increase of 8.1% [2] - Online retail revenue reached 1.61 billion in Q1-Q3 2025, growing by 32.2% year-on-year, with quarterly growth rates of 29%, 30%, and 37% respectively [2] - Offline retail revenue was 2.27 billion, showing a decline of 4.3% year-on-year, but Q3 marked the first positive growth of 2.6% within the year [2] Group 3: OEM Segment - The OEM business generated revenue of 1.65 billion in Q1-Q3 2025, down 6% year-on-year, with international business revenue at 1.28 billion, up 3.3% [3] - The self-owned brand engineering business reported revenue of 440 million, reflecting a 14% increase [3] - Cross-border e-commerce revenue was 220 million, down 8.2%, but showed improvement with Q2 and Q3 growth rates of -11% and +7% respectively [3] Group 4: AI and Sleep Technology - The company established a joint research center with Tsinghua University focusing on smart sleep technology, aiming for advancements from "AI-assisted sleep" to "AI companionship" [4] - A strategic partnership was formed with Strong Brain Technology to co-develop sleep solutions based on brain-computer interface technology [4] - The first brainwave-sensing AI mattress was officially launched [4] Group 5: Profit Forecast and Valuation - The company is viewed as a leading player in the mattress sector, with expectations for continued growth in AI products and improved profitability due to optimized expense strategies [6] - Projected revenues for 2025-2027 are 9.027 billion, 9.781 billion, and 10.617 billion, with year-on-year growth rates of 3.42%, 8.35%, and 8.54% respectively [6] - Expected net profits for the same period are 454 million, 568 million, and 662 million, with year-on-year growth rates of 40.99%, 25.08%, and 16.48% respectively [6]

Core Insights - The smart home industry is undergoing a significant transformation, with a shift from hardware competition to a focus on algorithms and proactive service capabilities [1][10] - Joyou's AI mattress brand, aise宝褓, has achieved the highest L4 certification under the national standard for smart furniture, marking a milestone in the industry [1][4] Company Performance - Joyou reported a third-quarter revenue of 2.176 billion yuan, a year-on-year increase of 7.78%, and a total revenue of 6.196 billion yuan for the first three quarters, up 3.68% year-on-year [4] - The net profit attributable to shareholders for the third quarter was 399 million yuan, reflecting a 6.45% year-on-year growth, indicating the effectiveness of the company's strategic focus on smart products [4] Industry Trends - The furniture industry's smart transformation has been ongoing for several years, but it has faced challenges from "pseudo-smart" products that do not meet true smart standards [6][7] - A new national standard for smart furniture will be implemented on March 1, 2026, categorizing smart furniture into four levels (L1 to L4), with higher levels indicating greater autonomous response and decision-making capabilities [7] Product Innovation - The L4 capabilities of aise宝褓 are demonstrated through a complete smart service loop, including pre-sleep relaxation, real-time adjustments during sleep, and gentle waking methods, along with detailed sleep reports [8] - The mattress utilizes over 1 million sleep data points collected since 2012, along with feedback from 100,000 real users and collaboration with Nobel Prize-winning scientists, to create a personalized comfort experience [8] Market Positioning - Joyou's achievement of the L4 certification positions it as a leader in the smart sleep sector, providing a clear benchmark for consumers and setting a new technical standard for the industry [7][10] - The competition in smart home products is shifting from flashy technology to practical solutions that address core consumer needs, such as improving sleep quality [10]

Core Insights - The Shanghai Composite Index closed at 3969.92 points, above the five-day moving average, with a gain of 0.25% [1] - The total trading volume of A-shares reached 1,529.84 billion yuan, with 765 A-shares breaking through the five-day moving average [1] Stock Performance - The stocks with the highest deviation rates from the five-day moving average include: - Yunlu Co., Ltd. (688190) with a deviation rate of 8.96% and a daily increase of 11.05% [2] - Xilinmen (603008) with a deviation rate of 8.09% and a daily increase of 9.98% [2] - Wanders (688178) with a deviation rate of 7.94% and a daily increase of 12.47% [2] - Other notable stocks with significant daily increases include: - Aerospace Intelligence (300446) with a daily increase of 14.59% and a deviation rate of 7.93% [2] - Nandu Power (300068) with a daily increase of 11.13% and a deviation rate of 7.46% [2] Additional Stock Data - The table lists various stocks with their respective daily performance metrics, including trading volume and deviation rates from the five-day moving average [2][3] - Stocks such as Haibo Si (688411) and Huaci Co., Ltd. (001216) also show positive performance with deviation rates of 4.69% and 4.67% respectively [3]

Core Insights - The company Xilinmen (喜临门) announced that its smart sleep brand aise Baobao's "Baobao AI Mattress" series has achieved the L4 level certification, the highest grade under the national standard for smart furniture [1][2] Group 1: Certification and Standards - The "Baobao AI Mattress" series is the first in China to receive the L4 level certification under the national standard "Furniture Smart Level Assessment and Marking" (GB/T 46260—2025), which will be implemented on March 1, 2026 [1] - The national standard establishes a grading system for smart furniture, categorizing the intelligence level into four grades from L1 to L4, with L4 being the highest [1] Group 2: Product Features and Functionality - The L4 certification was awarded due to the mattress's upgrade from "passive response" to "active service," providing a comprehensive smart system throughout the sleep process [1] - The mattress features include pre-sleep massage and temperature control, real-time adjustment of support based on sleep posture, and detailed sleep reports upon waking, creating a complete service loop [1] Group 3: Research and Development - The company has accumulated over 100 million sleep data points since 2012 through its ongoing China Sleep Index research, ensuring the practicality and reliability of the aise Baobao series [2] - The product development involved over 100,000 user trials and iterations to refine the mattress [2] Group 4: Collaborations and Innovations - The company has established significant collaborations in the sleep health sector, including a joint research center with Tsinghua University focusing on physical interventions for sleep disorders [2] - Collaborations with top research institutions such as the National Sports Administration and Fudan University Hospital aim to integrate home health data with hospital treatment systems [2] - In August, the company signed an exclusive strategic cooperation agreement with Qiangnao Technology to launch the world's first smart mattress integrated with EEG monitoring technology, enabling full-cycle management from sleep monitoring to active intervention [2]

Core Insights - The "Baobao AI Mattress" series from Xilinmen has achieved the L4 highest level certification under the national standard for smart furniture, marking it as the first smart mattress brand in China to receive this certification [1][3] - The national standard establishes a smart grading evaluation system for furniture products, categorizing them into four levels (L1 to L4) based on their capabilities in perception, decision-making, execution, and feedback [1][3] - The implementation of this standard provides consumers with clear guidelines for purchasing smart mattresses and encourages the industry to transition further into the smart sector [1][3] Company Insights - The L4 certification for the "Baobao AI Mattress" signifies a functional upgrade from "passive response" to "active service," with features that enhance the entire sleep process, including pre-sleep relaxation, real-time posture adjustment during sleep, and detailed sleep reports upon waking [3][4] - Xilinmen has accumulated over 100 million sleep data points since 2012 through its ongoing research on sleep indices, which has informed the development of the Baobao series [3] - The product development involved testing with 100,000 users to ensure practicality and reliability, highlighting the company's commitment to innovation and quality [3][4] Industry Insights - The smart sleep market is entering a rapid growth phase, with the release of the national standard marking a new stage for smart mattress technology [3] - The future of smart mattresses is expected to integrate deeper AI applications, enhancing their capabilities within the smart home ecosystem [4]

Core Viewpoint - The stock of Xilinmen has shown a mixed performance in recent trading sessions, with a year-to-date increase of 6.10% but a decline of 4.49% over the last five trading days, indicating volatility in investor sentiment [2]. Company Overview - Xilinmen Furniture Co., Ltd. was established on November 6, 1996, and went public on July 17, 2012. The company is located in Shaoxing, Zhejiang Province, and specializes in the research, production, and sales of mattresses, soft beds, and hotel furniture, along with cultural media-related businesses [2]. - The revenue composition of Xilinmen includes mattresses (60.37%), soft beds and accessories (27.93%), sofas (8.24%), wooden furniture (1.91%), and other (1.55%) [2]. Financial Performance - For the period from January to September 2025, Xilinmen reported a revenue of 6.196 billion yuan, reflecting a year-on-year growth of 3.68%. The net profit attributable to the parent company was 399 million yuan, marking a 6.45% increase compared to the previous year [3]. - Since its A-share listing, Xilinmen has distributed a total of 800 million yuan in dividends, with 414 million yuan distributed over the last three years [4]. Shareholder Information - As of September 30, 2025, Xilinmen had 16,000 shareholders, an increase of 1.78% from the previous period. The average number of circulating shares per shareholder was 23,247, a decrease of 1.75% [3]. - Notably, Hong Kong Central Clearing Limited is the third-largest circulating shareholder with 12.3172 million shares, while the招商量化精选股票发起式A (001917) is the sixth-largest with 5.0963 million shares, both being new shareholders [4]. Market Activity - On November 4, Xilinmen's stock price increased by 2.19%, reaching 17.23 yuan per share, with a trading volume of 44.418 million yuan and a turnover rate of 0.71%. The total market capitalization stood at 6.346 billion yuan [1]. - The net inflow of main funds was 1.0015 million yuan, with large orders accounting for 5.31% of total purchases and 3.05% of total sales [1].

Core Viewpoint - The company announced the release of 14,500,000 shares from pledge by its controlling shareholder, Zhejiang Huayi Intelligent Manufacturing Co., Ltd. [1] Group 1 - The controlling shareholder, Zhejiang Huayi Intelligent Manufacturing Co., Ltd., notified the company about the release of the pledged shares [1] - The shares being released are unlimited tradable shares [1] - The pledge was made to Shanghai Pudong Development Bank Co., Ltd., Shaoxing Branch [1]

Group 1 - The controlling shareholder of Xilinmen, Zhejiang Huayi Intelligent Manufacturing Co., Ltd., holds approximately 84.8 million shares, accounting for 23.03% of the total share capital of the company [1] - After the release of the share pledge, Huayi Intelligent Manufacturing has a total of 40.67 million shares pledged, which represents 47.96% of its total holdings and 11.04% of the company's total share capital [1] - Huayi Intelligent Manufacturing, along with its concerted action parties, holds approximately 134 million shares in total, accounting for 36.36% of the company's total share capital [1] Group 2 - Following the release of the share pledge, a total of 65.52 million shares are pledged, which constitutes 48.93% of the shares held by Huayi Intelligent Manufacturing and 17.79% of the company's total share capital [1]

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: 证券代码：603008 证券简称：喜临门 公告编号：2025-054 喜临门家具股份有限公司 关于公司控股股东部分股份解除质押的公告 注：上述占公司总股本比例以公司最新的总股本计算，下同。 2、华易智能制造本次解除质押的股份后续将办理质押手续，华易智能制造 将根据后续质押情况及时履行告知义务，公司将按照相关法律法规要求及时履行 披露义务，请广大投资者注意投资风险！ 二、股份累计质押情况 喜临门家具股份有限公司（以下简称"公司"）控股股东浙江华易智能 制造有限公司（以下简称"华易智能制造"）持有公司股份 84,799,659 股，占 公司总股本的 23.03%。本次股份解除质押后，华易智能制造累计被质押股份 40,670,000 股，占其所持股总数的 47.96%，占公司总股本的 11.04%。 华易智能制造、华易智能制造一致行动人绍兴市越城区华瀚股权投资合 伙企业（有限合伙）（以下简称"华瀚投资"）、公司实际控制人陈阿裕先生、 陈阿裕先生和其子女共同委托设立的陕国 ...