FANGDA PARTNERS http://www.fangdalaw.com 中国上海市石门一路 288 号 电子邮件 E-mail: email@fangdalaw.com 兴业太古汇香港兴业中心二座 24 楼 电 话 Tel.: +86-21-2208 1166 邮政编码：200041 传 真 Fax.: +86-21-5298 5599 24/F, HKRI Centre Two HKRI Taikoo Hui 288 Shi Men Yi Road Shanghai, PRC 200041 上海市方达律师事务所 关于浙江联翔智能家居股份有限公司 2025 年第四次临时股东会的法律意见书 致：浙江联翔智能家居股份有限公司 上海市方达律师事务所（以下简称"本所"）是具有中华人民共和国境内法 律执业资格的律师事务所。根据相关法律顾问协议，本所指派律师出席浙江联翔 智能家居股份有限公司（以下简称"公司"）2025 年第四次临时股东会（以下简 称"本次股东会"），并就本次股东会的召集和召开程序、参与表决和召集会议人 员的资格、表决程序和表决结果等有关事宜出具本法律意见书。 本法律意见书依据《中华人民共和国公 ...

证券代码：603272 证券简称：联翔股份 公告编号：2025-056 浙江联翔智能家居股份有限公司 2025年第四次临时股东会决议公告 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： 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 28 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 61,017,300 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 61.55% | (四) 表决方式是否符合《公司法》及《公司章程》的规定，股东会主持情况 等。 (一) 股东会召开的时间：2025 年 11 月 18 日 (二) 股东会召开的地点：浙江省嘉兴市海盐县武原街道工业新区东海大道 2887 号四楼会议室 (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： 本次股东会由公司董事会召集，公司董事长卜晓华先生主持。本次股东会的 召集、召开及表决方式符合《中华人民共和国 ...

证券代码：603272 证券简称：联翔股份 公告编号：2025-055 浙江联翔智能家居股份有限公司 第三届董事会第二十次会议决议公告 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 表决结果：通过。 （二）审议通过《关于选举代表公司执行公司事务的董事的议案》 董事会同意选举卜晓华先生为代表公司执行公司事务的董事，并担任公司法 定代表人，任期自本次董事会审议通过之日起至第三届董事会任期届满之日止。 本次选举后，公司法定代表人未发生变更。 表决情况：9 票同意、0 票反对、0 票弃权。 浙江联翔智能家居股份有限公司（以下简称"公司"）第三届董事会第二十次 会议于 2025 年 11 月 15 日在浙江省嘉兴市海盐县武原街道东海大道 2887 号以现 场结合通讯方式举行，于召开会议前依法通知了全体董事，会议通知的时间及方 式符合有关法律、法规以及《浙江联翔智能家居股份有限公司章程》（以下简称 "《公司章程》"）的规定。会议应到董事 9 人，实到董事 9 人，会议由董事长卜 晓华主持召开，公司高级管理人员列席 ...

浙江联翔智能家居股份有限公司 2025 年第四次临时股东会会议材料 2025 年第四次临时股东会 会议材料 二〇二五年十一月 浙江联翔智能家居股份有限公司 1 浙江联翔智能家居股份有限公司 2025 年第四次临时股东会会议材料 | | | | | | （二）2025 年第四次临时股东会议程...................................................................... 5 （三）关于公司变更经营范围及修订《公司章程》并办理工商变更的议案....... 7 2 浙江联翔智能家居股份有限公司 2025 年第四次临时股东会会议材料 三、为保证股东会的正常秩序，除出席会议的股东或者股东代理人、董事、 监事、董事会秘书、其他高级管理人员、见证律师、本次会议议程有关人员及会 务工作人员以外，公司有权拒绝其他人员进入会场。对于影响股东会秩序和损害 其他股东合法权益的行为，公司将按规定加以制止。 四、出席股东会的股东、股东代理人应当持身份证或者营业执照复印件、授 权委托书和证券账户卡等证件按股东会通知登记时间办理签到手续，在大会主持 人宣布现场出席会议的股东和股东代 ...

Group 1 - The home goods sector saw a slight increase of 0.07% on November 6, with Songlin Technology leading the gains [1] - The Shanghai Composite Index closed at 4007.76, up 0.97%, while the Shenzhen Component Index closed at 13452.42, up 1.73% [1] - Notable performers in the home goods sector included Songgu Technology, which rose by 4.67% to a closing price of 29.36, and Jiangxin Home, which increased by 2.65% to 89.74 [1] Group 2 - The home goods sector experienced a net outflow of 338 million yuan from institutional investors, while retail investors saw a net inflow of 289 million yuan [2] - Key stocks such as Filinger reported a net inflow of 19.95 million yuan from institutional investors, but a net outflow of 21.93 million yuan from retail investors [2] - The overall capital flow indicates a mixed sentiment, with institutional investors withdrawing funds while retail investors are actively buying into the sector [2]

Core Viewpoint - Lianxiang Co., Ltd. is a leading company in the domestic wall fabric industry, focusing on the research, design, production, and sales of home decoration products such as wall fabrics and curtains, with unique design and production technologies [1] Group 1: Business Performance - In Q3 2025, Lianxiang's revenue was 106 million yuan, ranking 24th among 24 companies in the industry, significantly lower than the top company, Bull Group, which had 12.198 billion yuan, and the industry average of 2.198 billion yuan [2] - The net profit for the same period was 1.9151 million yuan, ranking 18th in the industry, again far behind Bull Group's 2.982 billion yuan and the industry average of 263 million yuan [2] Group 2: Financial Ratios - As of Q3 2025, Lianxiang's debt-to-asset ratio was 14.20%, an increase from 12.94% year-on-year, but still significantly lower than the industry average of 35.61%, indicating strong solvency [3] - The gross profit margin for Q3 2025 was 36.11%, up from 24.53% year-on-year, and higher than the industry average of 27.17%, showing improved profitability [3] Group 3: Executive Compensation - The chairman, Bu Xiaohua, received a salary of 753,800 yuan in 2024, a decrease of 87,600 yuan from 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 4.10% to 5,866, while the average number of circulating A-shares held per account increased by 4.28% to 17,700 [5]

Core Insights - The company reported a total revenue of 106 million yuan for Q3 2025, ranking 58th among disclosed peers [1] - The net profit attributable to shareholders was 2.19 million yuan, ranking 44th among disclosed peers [1] - The net cash flow from operating activities was -13.85 million yuan, ranking 48th among disclosed peers [1] Financial Metrics - The latest debt-to-asset ratio is 14.20%, an increase of 0.65 percentage points from the previous quarter and 1.26 percentage points from the same period last year [3] - The latest gross profit margin stands at 36.11% [3] - The return on equity (ROE) is 0.39%, ranking 43rd among disclosed peers [3] - The diluted earnings per share (EPS) is 0.02 yuan, ranking 41st among disclosed peers [3] - The total asset turnover ratio is 0.15 times, ranking 58th among disclosed peers [3] - The inventory turnover ratio is 1.30 times, ranking 56th among disclosed peers [3] Shareholder Information - The number of shareholders is 5,866, with the top ten shareholders holding a total of 65.44 million shares, accounting for 63.15% of the total share capital [3] - The top ten shareholders and their holdings are as follows: - ト廃求: 40.5 million shares - ト嘉翔: 7.24 million shares - ト嘉城: 7.24 million shares - 舟山联翔企业管理咨询合伙企业(有限合伙): 3.62 million shares - 上海森耀投资管理有限公司-上海森隆投资管理中心(有限合伙): 1.16 million shares - 赵伦红: 0.94 million shares - 前珂白: 0.90 million shares - 李毅: 0.54 million shares - 王慧惠: 0.51 million shares - 李彤: 0.48 million shares [3]

Core Viewpoint - The company, Zhejiang Lianxiang Intelligent Home Co., Ltd., has announced its third-quarter financial report for 2025, detailing its operational status and future plans, including a share buyback program and changes to its business scope [3][18][22]. Financial Data - The third-quarter financial report is unaudited and covers the period from July 1, 2025, to September 30, 2025 [9][10]. - The company has completed a share buyback of 1,152,759 shares, representing 1.11% of its total share capital, with a total expenditure of approximately RMB 17.49 million [8]. Shareholder Information - The company has approved a share buyback plan with a total fund of no less than RMB 15 million and no more than RMB 30 million, with a maximum repurchase price of RMB 17.22 per share [7][8]. - As of the report date, the company holds 4,484,912 shares in its repurchase account, accounting for 4.33% of the total share capital [6]. Business Scope Changes - The company has approved changes to its business scope, which now includes various manufacturing and sales activities related to smart home devices, construction materials, and technology services [12][22]. - The revised articles of association will be submitted for shareholder approval, and the changes will be registered with the relevant authorities [13][22]. Upcoming Events - The company will hold its fourth extraordinary general meeting on November 18, 2025, to discuss the approved resolutions and other matters [30][34]. - An earnings briefing for the third quarter will take place on November 11, 2025, allowing investors to engage with the management team [49][51].

Group 1 - The company reported a revenue of 106 million yuan for the first three quarters of 2025, representing a year-on-year growth of 16.35% [1] - The net profit attributable to the parent company was 2.19 million yuan, marking a turnaround from a loss to profit year-on-year [1] - The non-recurring net profit was 1.47 million yuan, also indicating a year-on-year turnaround from a loss to profit [1] - The basic earnings per share stood at 0.02 yuan [1]

Core Insights - Zhejiang Lianxiang Intelligent Home Co., Ltd. reported a revenue of 106 million yuan for the first three quarters of 2025, representing a year-on-year increase of 16.35% [1] - The company achieved a net profit of 2.1942 million yuan, marking a turnaround from a loss [1] - In the third quarter, revenue was 31.3731 million yuan, showing a year-on-year decline of 15.83%, while net profit fell to 1.2625 million yuan, down 78.26% year-on-year [1] Revenue and Profit Analysis - The increase in net profit for the first nine months is attributed to higher sales revenue compared to the same period last year and an improvement in the gross margin of main products [1] - The decline in third-quarter revenue and net profit indicates potential challenges in maintaining growth momentum [1]