国联民生证券承销保荐有限公司 关于梦天家居集团股份有限公司 继续使用部分闲置募集资金进行现金管理的核查意见 国联民生证券承销保荐有限公司（以下简称"国联民生"或"保荐机构"） 作为梦天家居集团股份有限公司（以下简称"梦天家居"或"公司"）首次公开 发行 A 股股票并上市的持续督导保荐机构，根据《证券发行上市保荐业务管理 办法》《上市公司证券发行注册管理办法》《上市公司募集资金监管规则》《上海 证券交易所上市公司自律监管指引第 1 号——规范运作》及《上海证券交易所股 票上市规则》等相关法律法规及规范性文件的规定，对梦天家居继续使用部分闲 置募集资金进行现金管理进行了审慎核查，具体情况如下： 二、继续使用部分暂时闲置募集资金进行现金管理的基本情况 （一）现金管理目的 根据公开披露的《首次公开发行股票并上市招股说明书》，公司首次公开发 行股票的募集资金用于以下项目： 单位：万元 | | | 1 | 1 | 年产 37 | 万套平板门、9 万套个性化定 制柜技改项目 | 45,300.00 | 38,903.00 | | --- | --- | --- | --- | --- | | 2 | | 智能化仓储中心建设 ...

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。 梦天家居集团股份有限公司（以下简称"公司"）于2025年1月20日召开第 三届董事会第二次会议和第三届监事会第二次会议，审议通过了《关于继续使用 部分闲置募集资金进行现金管理的议案》，同意公司及子公司使用不超过 43,000.00万元（含本数）的闲置募集资金进行现金管理，上述资金额度自董事会 审议通过之日起12个月内可以滚动使用。公司监事会发表了明确的同意意见，民 生证券股份有限公司对本事项出具了明确的核查意见。具体内容详见公司于2025 年1月22日披露于上海证券交易所网站（www.sse.com.cn）的《梦天家居关于继 续使用部分闲置募集资金进行现金管理的公告》（公告编号：2025-004）。 公司分别于2025年12月8日和2025年12月15日通过中国建设银行购买保本浮 动收益型产品合计37,700万元，具体内容详见公司分别于2025年12月10日和2025 年12月17日披露于上海证券交易所网站（www.sse.com.cn）的《梦天家居关于使 用闲置募集资金进行现金 ...

投资种类：安全性高、流动性好的理财产品、结构性存款或办理定期存款等。 投资金额：梦天家居集团股份有限公司（以下简称"公司"）及子公司拟使 用不超过 38,000.00 万元（含本数）的闲置募集资金进行现金管理，上述资 金额度自董事会审议通过之日起 12 个月内可以滚动使用。期限内任一时点 的交易金额不超过 38,000.00 万元（含本数）。投资单项产品期限最长不超 过 12 个月。 已履行及拟履行的审议程序：公司第三届董事会第七次会议审议通过了《关 于继续使用部分闲置募集资金进行现金管理的议案》，本事项不需要股东会 审议。 特别风险提示：尽管理财产品、结构性存款与定期存款属于安全性高、流动 性好的投资品种，但金融市场受宏观经济的影响较大。公司将根据经济形势 以及金融市场的变化适时适量地介入，但不排除该项投资受到市场波动的影 响。 证券代码：603216 证券简称：梦天家居 公告编号：2026-002 梦天家居集团股份有限公司 关于继续使用部分闲置募集资金进行现金管理的公告 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 ...

Core Viewpoint - The company has approved the use of idle raised funds for cash management, emphasizing that this will not affect the progress of investment projects or normal operations [1] Group 1 - The company will use up to 380 million yuan of temporarily idle raised funds for cash management [1] - The approved cash management will involve high-security, liquid financial products, structured deposits, or fixed-term deposits [1] - The funds can be rolled over within a 12-month period from the date of board approval [1]

Core Viewpoint - The home furnishing industry is experiencing significant changes in 2025, with major e-commerce platforms like Taobao, Tmall, JD, and Douyin making substantial investments despite a general decline in the performance of listed companies in the third quarter [1][3] Group 1: Industry Performance - In Q3 2025, the performance of custom home furnishing listed companies was disappointing, with only one out of nine companies reporting slight revenue growth, while some experienced net profit declines of nearly 200% [1][3] - The average asset-liability ratio for listed companies in the sector was 45%, indicating a general decrease in cash flow and a prevailing trend of declining performance that is unlikely to recover quickly [1][3] Group 2: Challenges Facing the Industry - The poor performance is attributed to external factors such as the real estate sector's deep adjustment period, which exacerbates the long-standing "real estate dependency" of custom home furnishing companies [3] - Internally, many companies are struggling with unclear directions and inadequate adjustments, leading to unstable management teams, weakened core channels, and loss of target customers [3] Group 3: New Directions in the Industry - The industry is focusing on two notable directions: "light high-end customization" and "light customization," with companies like Topsolid and WoLe Home showcasing new products and concepts [3][4] - Tmall is promoting "light customization" in collaboration with brands like Oppein and Haolaike, which has become a significant consumer focus for the 2025 Double 11 shopping festival [3][4] Group 4: Cross-Industry Ventures - Companies like MengTian Home and Mona Lisa are exploring new fields such as semiconductors and artificial intelligence, driven by the need to find new growth points and reduce reliance on the home furnishing sector [5][8] - The recent failed acquisition attempts by MengTian Home highlight the volatility and uncertainty in the industry as companies seek to diversify [4][5] Group 5: Different Approaches to "Light" and "Heavy" - The industry exhibits three levels of "light" strategies: 1. Companies like MengTian and Mona Lisa are reducing their home furnishing business weight and exploring new fields [8] 2. Companies like Topsolid and WoLe are innovating within the custom home furnishing sector by developing new product lines and consumption scenarios [8] 3. Some local small businesses are adopting a "laying flat" approach, focusing solely on local markets [8] Group 6: User Experience and Marketing - The integration of AI technology in 2025 is transforming user experiences, prompting companies to enhance product details and immersive scenarios [12] - Companies are also focusing on optimizing channels and enhancing content marketing to better connect with users, especially during key events like Double 11 [12][9]

Group 1 - The home goods sector increased by 1.17% on January 12, with QuSleep Technology leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up 1.09%, while the Shenzhen Component Index closed at 14366.91, up 1.75% [1] - QuSleep Technology's stock price rose by 9.56% to 62.60, with a trading volume of 62,100 shares and a transaction value of 383 million yuan [1] Group 2 - The home goods sector experienced a net outflow of 355 million yuan from institutional investors, while retail investors saw a net inflow of 288 million yuan [2] - Among the top gainers, Dinggu Jichuang and Zhang Xiaoqin also saw significant increases of 9.39% and 7.45%, respectively [1] - The trading data indicates that the sector's performance was mixed, with some stocks like Senying Windows and Meike Home experiencing declines of 9.33% and 2.60% [2] Group 3 - The net inflow of funds for major stocks included 27.43 million yuan for Oppein Home and 24.87 million yuan for QuSleep Technology, indicating strong interest from institutional investors [3] - Conversely, QuSleep Technology faced a net outflow of 7.61 million yuan from speculative funds, suggesting some volatility in investor sentiment [3] - The overall trading activity reflects a diverse range of investor behaviors, with retail investors showing a preference for certain stocks despite the overall net outflow from institutional investors [2][3]

Core Viewpoint - The stock of Dream Home (603216) experienced a decline of 6.84% today, with a trading volume of 3.01 billion yuan and a turnover rate of 3.07% [2] Trading Activity - The stock was listed on the Shanghai Stock Exchange's "Dragon and Tiger List" due to a daily price deviation of -8.34%, with a net selling amount of 2.4785 million yuan from brokerage seats [2] - The top five brokerage seats on the list had a total transaction amount of 85.2237 million yuan, with buying and selling amounts of 41.3726 million yuan and 43.8511 million yuan respectively, resulting in a net selling of 2.4785 million yuan [2] - The largest buying brokerage was Ping An Securities, with a purchase amount of 12.1141 million yuan, while the largest selling brokerage was CITIC Securities, with a selling amount of 11.9143 million yuan [2] Fund Flow - The stock saw a net outflow of 6.2356 million yuan in principal funds today, including a net outflow of 1.3013 million yuan from large orders and 4.9344 million yuan from major orders [3] - Over the past five days, the net outflow of principal funds totaled 31.2441 million yuan [3] Financial Performance - According to the company's Q3 report released on October 30, 2025, the total operating revenue for the first three quarters was 773 million yuan, a year-on-year decrease of 2.93%, while net profit reached 56.3031 million yuan, reflecting a year-on-year increase of 37.60% [3]

Market Overview - The home goods sector experienced a slight decline of 0.04% on January 6, with Mengtian Home leading the drop [1] - The Shanghai Composite Index closed at 4083.67, up by 1.5%, while the Shenzhen Component Index closed at 14022.55, up by 1.4% [1] Top Performers - Meike Home (600337) saw a significant increase of 9.97%, closing at 3.53 with a trading volume of 35,700 shares and a transaction value of 12.59 million [1] - ST Songfa (603268) rose by 5.00%, closing at 88.04 with a transaction value of 268 million [1] - ST Huapeng (603021) increased by 4.91%, closing at 4.91 with a transaction value of 30.41 million [1] - Mona Lisa (002918) gained 3.61%, closing at 14.92 with a transaction value of 167 million [1] Underperformers - Mengtai Home (603216) dropped by 6.84%, closing at 43.32 with a transaction value of 301 million [2] - Taili Technology (301595) fell by 6.28%, closing at 47.61 with a transaction value of 384 million [2] - Junlinmen (603008) decreased by 5.96%, closing at 21.00 with a transaction value of 719 million [2] - Craft Home (301061) declined by 4.12%, closing at 93.01 with a transaction value of 195 million [2] Capital Flow - The home goods sector saw a net outflow of 94.35 million from institutional investors, while retail investors contributed a net inflow of 17.98 million [2] - The top net inflows from institutional investors were led by Junlinmen (603008) with 31.38 million, followed by ST Songfa (603268) with 30.40 million [3] - Notable net outflows from retail investors included Junlinmen (603008) with -37.93 million and ST Songfa (603268) with -15.68 million [3]

71家上市家居企业2025年市值\股价涨幅排名 从股价涨幅来看，排名呈现全然不同的格局。亚振家居以636.70%的惊人涨幅位居第一。菲林格尔、梦天家居、悍高集团等企业紧随其后，前11名企业 涨幅均超过100%。 这些企业虽在市值规模上尚未跻身绝对的头部，但其高速成长性获得了资本市场的积极反馈，反映了行业内部创新转型、细分赛道突围的活跃态势。 | 排序 | 企业简称 | 股票代码 | 最新市值 | 股价变化 | | --- | --- | --- | --- | --- | | | | | (亿元) | (年初至今) | | 1 | 亚振家居 | 603389.SH | 118.66 | 增636.70% | | 2 | 菲林格尔 | 603226.SH | 112.41 | 增568.50% | | 3 | 梦天家居 | 603216.SH | 104.66 | 增339.37% | | 4 | 悍高集团 | 001221.SZ | 231.65 | 增227.60% | | 5 | 森鹰窗 / | 301227.SZ | 50.49 | 增227.28% | | 6 | 法狮龙 | 605318.SH | ...

证券代码：603216 证券简称：梦天家居 公告编号：2025-066 梦天家居集团股份有限公司 股票交易异常波动暨风险提示公告 公司股票于 2025 年 12 月 29 日、12 月 30 日连续 2 个交易日内收盘价格涨 幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规定，属于股 票交易异常波动情况。 二、重大事项情况 经公司自查，公司目前生产经营活动一切正常，市场环境、行业政策没有发 生重大调整、生产成本和销售等情况没有出现大幅波动、内部生产经营秩序正常。 内外部经营环境未发生重大变化，不存在应披露而未披露的重大信息。 前期筹划发行股票及支付现金的方式购买资产事项和筹划控制权转让事项 均已终止，详见前期公告。公司近期不存在任何控制权转让和任何资产重组的相 关计划安排。 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： 梦天家居集团股份有限公司（以下简称"公司"）股价累计涨幅已严重 偏离基本面，随时有快速下跌风险。2025 年 11 月 19 日至 2025 年 12 月 30 日， 公司股价 ...