登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：603195 证券简称：公牛集团 公告编号：2026-001 公牛集团股份有限公司 关于注销部分回购股份的实施公告 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： ● 公牛集团股份有限公司（以下简称"公司"）于2025年10月30日、2025年11月18日分别召开第三届董事 会第十三次会议、2025年第二次临时股东会，审议通过了《关于变更回购股份用途并注销的议案》，公 司拟对2024年度回购计划、2025年度回购计划回购专用证券账户中的63,890股用途进行变更，将"用于 实施公司股权激励计划及员工持股计划"变更为"用于注销并减少注册资本"。本次注销部分回购股份 63,890股，占注销前总股本的0.004%。本次部分回购股份注销完成后，公司总股本将由1,807,973,428股 变更为1,807,909,538股。 ● 本次回购股份注销事宜计划于2026年1月7日办理完成，本次回购股份注销手续符合法律法规相关要 求。 一、回购股份的基本情况 （一）20 ...

重要内容提示： 公牛集团股份有限公司（以下简称"公司"）于2025年10月30日、2025 年11月18日分别召开第三届董事会第十三次会议、2025年第二次临时股东会，审 议通过了《关于变更回购股份用途并注销的议案》，公司拟对2024年度回购计划、 2025年度回购计划回购专用证券账户中的63,890股用途进行变更，将"用于实施 公司股权激励计划及员工持股计划"变更为"用于注销并减少注册资本"。本次 注销部分回购股份63,890股，占注销前总股本的0.004%。本次部分回购股份注销 完成后，公司总股本将由1,807,973,428股变更为1,807,909,538股。 本次回购股份注销事宜计划于2026年1月7日办理完成，本次回购股份注 销手续符合法律法规相关要求。 一、回购股份的基本情况 （一）2024年度回购计划 2024年4月25日，公司召开第三届董事会第二次会议，审议通过了《关于以 集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金以集中竞 价交易的方式回购公司股份（以下简称"2024年度回购计划"）。2024年度回购 计划的股份拟用于实施公司股权激励计划及员工持股计划，具体内容详见公司于 ...

Group 1 - The core viewpoint of the article is that Bull Group acknowledges that stock prices are influenced by various factors and emphasizes its commitment to steady operations and enhancing intrinsic value and brand image to provide good returns to investors [2] Group 2 - The company reassures investors that it will continue to focus on robust management practices [2] - Bull Group aims to improve its corporate value and brand reputation consistently [2] - The company expresses its intention to reward investors with favorable shareholder returns [2]

Group 1 - The core viewpoint of the articles is that the market capitalization of A-share listed companies in Zhejiang Province increased by 23,386 billion yuan in 2025, representing a growth of 34.01% compared to the beginning of the year [1][2] - Leading companies contributed significantly to the market capitalization increase, with Sanhua Intelligent Controls, Century Huatong, Huayou Cobalt, Wolong Electric Drive, and Top Group contributing 1,450 billion yuan, 874 billion yuan, 798 billion yuan, 543 billion yuan, and 515 billion yuan respectively, accounting for a total of 17.88% of the overall increase [1][2] - The companies with the most significant market capitalization reduction in Zhejiang Province were Bull Group, Samsung Medical, Hikvision, Zhejiang Energy Power, and Flat Glass, with each experiencing a decline of no more than 20 billion yuan [1][2]

证券日报网讯12月30日，公牛集团（603195）在互动平台回答投资者提问时表示，公司子公司海南大成 供应链管理有限责任公司注册地位于海南。目前公司在海南暂无扩投计划，敬请投资者以信息披露为 准。 ...

公牛集团（603195.SH）12月30日在投资者互动平台表示，公司子公司海南大成供应链管理有限责任公 司注册地位于海南。目前公司在海南暂无扩投计划，敬请投资者以信息披露为准。 （记者 曾健辉） 每经AI快讯，有投资者在投资者互动平台提问：请问公司有在海南投资发展的计划吗？ ...

Investment Rating - The industry investment rating is maintained at "Overweight" [3] Core Views - The report highlights the opportunity in the paper sector due to the recent appreciation of the RMB against the USD, which enhances domestic purchasing power and reduces costs for imported raw materials like wood pulp [5][6] - The report suggests focusing on companies with high wood pulp procurement costs, such as Zhongshun Jierou, and recommends Sun Paper for its integrated advantages in cultural paper production [5][6] - The report also emphasizes the potential for improved profitability in Q4 due to stabilized and rising pulp prices, alongside the release of new production capacity [5][6] Summary by Relevant Sections Industry Overview - The light industry sector includes 167 listed companies with a total market value of 1,204.38 billion CNY and a circulating market value of 954.25 billion CNY [1] Market Performance - For the week of December 22-26, 2025, the Shanghai Composite Index rose by 1.88%, while the Shenzhen Component Index increased by 3.53%. The light industry index gained 1.69%, ranking 16th among 28 Shenwan industries [10] - The paper sector saw a weekly increase of 4.47%, while the textile and apparel index rose by 2.86% [10] Key Company Recommendations - Sun Paper: Buy rating with projected EPS growth from 1.10 CNY in 2023 to 1.48 CNY in 2027, with a PE ratio decreasing from 14.25 to 10.60 [3] - Baiya Co.: Buy rating with projected EPS growth from 0.54 CNY in 2023 to 1.28 CNY in 2027, with a PE ratio decreasing from 38.94 to 16.49 [3] - Huali Group: Buy rating with projected EPS growth from 2.74 CNY in 2023 to 3.97 CNY in 2027, with a PE ratio decreasing from 19.24 to 13.27 [3] Raw Material Price Trends - The report notes fluctuations in raw material prices, with MDI and TDI prices decreasing, while cotton prices have shown an upward trend [18][22] - The average price of wood pulp and various paper products is tracked, indicating a mixed performance with some prices stabilizing and others showing slight increases [42] Housing Market Data - The report highlights a significant decline in property sales, with a 39.1% year-on-year decrease in transactions among major cities [31] - Cumulative property sales area from January to November 2025 shows a 7.8% decline year-on-year [59] Consumer Goods and AI Applications - The report discusses the potential of AI applications in consumer goods, particularly in the context of new product launches and market expansion opportunities [6] Conclusion - The report emphasizes the importance of monitoring the paper sector due to favorable currency movements and suggests specific companies for investment based on their cost structures and market positions [5][6]

Price Increase in the Ceramics Industry - The ceramics industry is experiencing a wave of price increases as companies in Shandong, Hebei, Sichuan, Guangxi, and Chongqing announce price hikes for tiles and roofing products [1] - The primary reasons for the price increase are seasonal rises in energy costs, such as natural gas, and the upward trend in raw material costs, which are increasing production pressure on companies [1] - Additionally, some companies facing operational challenges have reduced or halted production, leading to a shift in supply and demand dynamics [1] Specific Price Adjustments - Various product categories have seen price adjustments, including: - 800*800 thin tiles: increased by 0.5 yuan per piece - 800*800 thick tiles: increased by 0.5 yuan per piece - 800*800 ultra-white tiles: increased by 0.5 yuan per piece - 400*800 luxury medium boards: increased by 0.2 yuan per piece - 600*600 full-body marble: increased by 0.2 yuan per piece - 800*800 ultra-wear-resistant marble: increased by 0.3 yuan per piece - 600*1200 medium-sized boards: increased by 0.5 yuan per piece - 750*1500 large boards: increased by 1 yuan per piece [3] - Additional adjustments include: - 800*800 full-body marble (68 series): increased by 0.2 yuan per piece - 800*800 full-body marble (88 series): increased by 0.2 yuan per piece - 800*800 full-body marble (89 series): increased by 0.2 yuan per piece - 800*800 full-body marble (98 series): increased by 0.2 yuan per piece - 800*800 polished tiles (entire series): increased by 0.2 yuan per piece - 400*800 medium boards: increased by 0.2 yuan per piece [4] Corporate Developments - Aoyuan Ceiling announced a suspension of trading due to plans for a change in control, which may lead to a change in the company's controlling shareholder [5] - Juran Home announced a board reshuffle, electing Wang Ning as the new chairman and CEO [8] - Bull Group is suing a competitor for 4.2 million yuan over misleading advertising claims [10] - Several home furnishing companies, including Gujia Home and Arrow Home, have announced guarantees for their subsidiaries, reflecting a trend of financial support as year-end funding needs rise [12] - Mona Lisa Group provided a guarantee of up to 100 million yuan for its wholly-owned subsidiary, indicating ongoing financial strategies to support business operations [18]

Group 1 - The core viewpoint of the article highlights that Bull Group (SH 603195) held its 14th meeting of the third board of directors on December 29, 2025, via teleconference, where it reviewed the "Public Opinion Management System" and other documents [1] - For the year 2024, Bull Group's revenue composition is reported to be 99.77% from consumer electrical products and 0.23% from other businesses [1] - As of the time of reporting, Bull Group's market capitalization stands at 74.3 billion yuan [1] Group 2 - The article also mentions a significant event involving Moutai distributors, where over 2,000 attendees gathered for a conference that announced major changes related to Moutai's pricing and distribution strategies [1] - Chairman Chen Hua emphasized that distributors can no longer rely on passive income [1]

格隆汇12月29日丨公牛集团(603195.SH)公布，公司于近日收到实际控制人阮立平、阮学平先生的通 知，鉴于其二人签署的《一致行动人协议》即将到期，为了维护公司实际控制权的稳定，保持公司重大 事项决策的一致性，阮立平、阮学平先生于2025年12月29日续签了《一致行动人协议》。 ...