| 证券代码：603208 | 证券简称：江山欧派 | 公告编号：2025-027 | | --- | --- | --- | | 债券代码：113625 | 债券简称：江山转债 | | 江山欧派门业股份有限公司 关于"江山转债"付息的公告 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： 江山欧派门业股份有限公司（以下简称"公司"）于 2021 年 6 月 11 日发行 的可转换公司债券（以下简称"江山转债"）将于 2025 年 6 月 11 日开始支付自 2024 年 6 月 11 日至 2025 年 6 月 10 日期间的利息。根据公司《公开发行可转换 公司债券募集说明书》（以下简称"《募集说明书》"）有关条款的规定，现将有关 事项公告如下： 一、可转债发行上市概况 可转债付息债权登记日：2025 年 6 月 10 日（星期二） 可转债除息日：2025 年 6 月 11 日（星期三） 可转债兑息日：2025 年 6 月 11 日（星期三） （一）债券简称：江山转债 （二）债券代码：113625 （三）债券类型 ...

Group 1 - The company announced a cash dividend distribution plan for the year 2024, proposing to distribute 1.90 yuan (including tax) for every 10 shares held by shareholders [1][2] - The dividend distribution plan was approved at the annual shareholders' meeting held on May 21, 2025, with details available on the Shanghai Stock Exchange website [2] - The convertible bonds ("Jiangshan Convertible Bonds") will have a continuous suspension of conversion during the dividend distribution period, specifically from June 6, 2025, until the registration date for the dividend distribution [1][2] Group 2 - The company will announce the implementation of the dividend distribution and the adjustment of the convertible bond conversion price on June 7, 2025 [2] - Holders of the convertible bonds wishing to enjoy the dividend distribution must convert their bonds before June 5, 2025 [2]

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：603208 | 证券简称：江山欧派 | 公告编号：2025-026 | | --- | --- | --- | | 债券代码：113625 | 债券简称：江山转债 | | 江山欧派门业股份有限公司 关于实施 2024 年度权益分派时"江山转债"转股连续 停牌暨转股价格调整的提示性公告 重要内容提示： 证券停复牌情况：适用 因实施 2024 年度权益分派, 江山欧派门业股份有限公司（以下简称"公司"） 的相关证券停复牌情况如下： | 证券代码 | 证券简称 | 停复牌类型 | 停牌起始日 | 停牌期间 | 停牌终止日 | 复牌日 | | --- | --- | --- | --- | --- | --- | --- | | 113625 | 江山转债 | 可转债转股停牌 | 2025/6/6 | | | | 权益分派公告前一交易日（2025 年 6 月 6 日）至权益分派股权登记日期间， 公司可转换公司债券（以下简称"可转债"或"江山转债"）将停止转股。 一、权益分 ...

证券代码：603208 证券简称：江山欧派 公告编号：2025-025 债券代码：113625 债券简称：江山转债 江山欧派门业股份有限公司 (一)非累积投票议案 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： ? 本次会议是否有否决议案：无 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 21 日 (二)股东大会召开的地点：浙江省衢州市江山市贺村镇淤头村淤达山自然村 8 号 江山欧派二楼一号会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： 股份总数的比例（%） (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议采取现场投票与网络投票相结合的方式召开，公司董事会召集本次 会议,董事长吴水根先生主持。本次会议的召集、召开和表决方式符合《公司法》 《公司章程》和《上市公司股东会规则》的规定。 (五)公司董事、监事和董事会秘书的出席情况 二、 议案审议情况 经与会董事和记录人签字确认并加盖董事会印章的股东大会决议 审议结果：通过 表决 ...

浙江天册律师事务所 关于江山欧派门业股份有限公司 2024 年年度股东大会的 法律意见书 法律意见书 编号:TCYJS2025H0741 号 致:江山欧派门业股份有限公司 浙江天册律师事务所(以下简称"本所")接受江山欧派门业股份有限公司 (以下简称"江山欧派"或"公司"）的委托,指派本所律师参加公司 2024年年 度股东大会,并根据《中华人民共和国证券法》(以下简称"《证券法》")、 《中华人民共和国公司法》(以下简称"《公司法》")和《上市公司股东会规 则》(以下简称"《股东会规则》")等法律、法规和其他有关规范性文件的要 求出具本法律意见书。 在本法律意见书中,本所律师仅对本次股东大会召集、召开程序、出席人员 的资格、召集人的资格、表决程序及表决结果的合法有效性发表意见,不对会议 所审议的议案内容和该等议案中所表述的事实或数据的真实性和准确性发表意见。 本法律意见书仅供公司 2024年年度股东大会之目的使用。本所律师同意将本 法律意见书随江山欧派本次股东大会其他信息披露资料一并公告,并依法对本所 在其中发表的法律意见承担法律责任。 本所律师根据《股东会规则》的要求,按照律师行业公认的业务标准、道德 规范 ...

| 证券代码：603208 | 证券简称：江山欧派 | 公告编号：2025-025 | | --- | --- | --- | | 债券代码：113625 | 债券简称：江山转债 | | 江山欧派门业股份有限公司 (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次会议采取现场投票与网络投票相结合的方式召开，公司董事会召集本次 会议,董事长吴水根先生主持。本次会议的召集、召开和表决方式符合《公司法》 《公司章程》和《上市公司股东会规则》的规定。 一、 会议召开和出席情况 (一)股东大会召开的时间：2025 年 5 月 21 日 (二)股东大会召开的地点：浙江省衢州市江山市贺村镇淤头村淤达山自然村 8 号 江山欧派二楼一号会议室 (三)出席会议的普通股股东和恢复表决权的优先股股东及其持有股份情况： | 1、出席会议的股东和代理人人数 | 96 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 126,384,923 | | 3、出席会议的股东所持有表决权股份数占公司有表决权 | 71.8590 | | 股份总数的比例（%） | | 2024年年度股东 ...

Core Viewpoint - Jiangshan Oupai Door Industry Co., Ltd. has completed the business registration change for its wholly-owned subsidiary, Henan Oupai Door Industry Co., Ltd., to align with its operational development needs [1]. Group 1: Company Information - The business registration change has been completed, and Henan Oupai remains a wholly-owned subsidiary of Jiangshan Oupai [1]. - The registered capital of Henan Oupai is 180 million yuan [1]. - The company was established on February 17, 2017 [1]. Group 2: Business Scope - The business scope of Henan Oupai includes residential interior decoration, manufacturing and sales of daily wooden products, door and window manufacturing and sales, and metal door and window engineering construction [1]. - Additional activities include furniture manufacturing and sales, home goods manufacturing and sales, and construction materials sales [1]. - The company is also involved in import and export activities, as well as technology import and export [1].

| 证券代码：603208 | 证券简称：江山欧派 | 公告编号：2025-024 | | --- | --- | --- | | 债券代码：113625 | 债券简称：江山转债 | | 江山欧派门业股份有限公司 关于子公司河南欧派公司完成工商变更登记的公告 类型：有限责任公司（自然人投资或控股的法人独资） 住所：兰考县济阳大道与华梁路交叉口西南角 法定代表人：戴福良 注册资本：壹亿捌仟万圆整 成立日期：2017年02月17日 经营范围：许可项目：住宅室内装饰装修(依法须经批准的项目，经相关部 门批准后方可开展经营活动，具体经营项目以相关部门批准文件或许可证件为准) 一般项目：日用木制品制造；日用木制品销售；门窗制造加工；门窗销售；金属 门窗工程施工；金属制品销售；家具制造；家具销售；家具安装和维修服务；家 居用品制造；家居用品销售；建筑装饰、水暖管道零件及其他建筑用金属制品制 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。 江山欧派门业股份有限公司（以下简称"公司"）收到全资子公司河南欧派 门业有限责任公司（以下简称"河南欧 ...

Core Viewpoint - The company is experiencing significant revenue and profit declines in 2024, with a focus on expanding its dealer network despite challenging market conditions [1][2]. Revenue Performance - In 2024, the company's revenue, net profit attributable to the parent, and net profit excluding non-recurring items are projected to be 3.001 billion, 109 million, and 71 million yuan, respectively, representing declines of 20%, 72%, and 79% [1]. - For Q4 2024, revenue is expected to decline by 28%, with bulk and dealer sales down by 23% and 36%, respectively [2]. - In Q1 2025, revenue is projected to decline by 36%, with bulk and dealer sales down by 35% and 46%, respectively [2]. Business Structure and Strategy - The company is optimizing its business structure, with an increasing share of non-direct sales and non-residential demand, while the share of direct engineering business is decreasing [3]. - The company is actively expanding into non-residential clients such as hotels and schools, reducing reliance on new residential demand [3]. - The dealer network is expanding, with a net increase of 25,951 dealers in 2024, bringing the total to 62,518, and a further increase of 6,303 dealers in Q1 2025 [2][4]. Profitability and Margins - Short-term profitability is under pressure, with gross margins declining due to reduced revenue scale and a lower proportion of high-margin direct engineering business [3]. - The net profit margin attributable to the parent decreased by 16.9 and 3.7 percentage points in Q4 2024 and Q1 2025, respectively [3]. Growth Opportunities - The company is focusing on marketing transformation and expanding its dealer and agency channels to identify new growth points [4]. - The AAM and brand cooperation models are enhancing product offerings and improving profitability, with a significant increase in non-main business income [4]. - Projected net profits for 2025-2027 are estimated at 150 million, 220 million, and 290 million yuan, corresponding to PE ratios of 17, 11, and 9 times [4].

Investment Rating - The investment rating for the company is "Buy" and is maintained [9] Core Views - The company's revenue, net profit attributable to the parent, and net profit excluding non-recurring items for 2024 are projected to be 3.001 billion, 109 million, and 71 million respectively, representing declines of 20%, 72%, and 79% year-on-year [2][6] - The revenue for Q4 2024 is expected to be 743 million, with net profit attributable to the parent and net profit excluding non-recurring items at -55 million and -63 million respectively, indicating a 28% year-on-year decline [6] - For Q1 2025, the revenue is projected at 402 million, with net profit attributable to the parent and net profit excluding non-recurring items at 3 million and -23 million respectively, reflecting a 36% year-on-year decline [6] - The revenue is under pressure due to the macroeconomic environment, but the number of distributors continues to expand [2][6] - The company is optimizing its business structure, with an increasing proportion of cash-clearance business and non-residential demand [2][6] - Short-term profitability is under pressure, but there is a focus on marketing transformation to drive new growth points [2][6] Summary by Sections Revenue and Profitability - The company is experiencing a decline in revenue and profitability due to external economic factors, with significant drops in both net profit and net profit excluding non-recurring items for 2024 [2][6] - The revenue for Q4 2024 and Q1 2025 is expected to decline significantly, with Q4 showing a 28% drop and Q1 a 36% drop year-on-year [6] Business Structure and Growth - The company is expanding its distributor network, with a net increase of 25,951 distributors in 2024, bringing the total to 62,518, and a further increase of 6,303 in Q1 2025 [2][6] - The business structure is being optimized, with a shift towards cash-clearance and non-residential projects, reducing reliance on new residential demand [2][6] Marketing and Future Outlook - The company is actively promoting marketing changes to identify new growth opportunities, focusing on quality strategic clients and expanding distribution channels [2][6] - Future net profit projections for 2025-2027 are 150 million, 220 million, and 290 million respectively, with corresponding PE ratios of 17, 11, and 9 times [2][6]