Summary of Key Points Core Viewpoint - The announcement from Lianxiang Co., Ltd. indicates significant planned share reductions by major shareholders, which may impact the stock's market performance and investor sentiment [1] Shareholder Actions - Shareholder Zhoushan Lianxiang Enterprise Management Consulting Partnership (Limited Partnership) plans to reduce its holdings by a maximum of 1,036,300 shares (1% of total share capital) through centralized bidding and by up to 1,640,500 shares (1.58%) via block trading, totaling a maximum of 2,676,800 shares (2.58%) [1] - Concurrently, shareholder Shanghai Senlong Investment Management Center (Limited Partnership) intends to reduce its stake by up to 120,000 shares (1.16%) through block trading [1]

Core Viewpoint - Lianxiang Co., Ltd. (603272.SH) announced plans for share reduction through both centralized bidding and block trading methods, indicating a strategic move to adjust its equity structure [1] Group 1: Share Reduction Plans - Zhoushan Lianxiang intends to reduce up to 1,036,270 shares through centralized bidding, representing no more than 1% of the total share capital [1] - The company also plans to reduce up to 1,640,500 shares via block trading, accounting for no more than 1.58% of the total share capital, leading to a total potential reduction of up to 2.58% of the total share capital [1] - The reduction prices will be determined based on market conditions [1] Group 2: Additional Shareholder Actions - Senlong Investment plans to reduce up to 1,200,000 shares through block trading, which represents no more than 1.16% of the total share capital [1] - Similar to Lianxiang's plans, the reduction price for Senlong Investment will also be based on market prices [1]

Group 1 - The company Lianxiang Co., Ltd. (603272.SH) announced plans for share reduction through two methods: centralized bidding and block trading [1] - Zhoushan Lianxiang intends to reduce up to 1,036,270 shares, representing 1% of the total share capital, via centralized bidding [1] - The company also plans to reduce up to 1,640,500 shares, accounting for 1.58% of the total share capital, through block trading, totaling a maximum reduction of 2.58% of the total share capital [1] Group 2 - Senlong Investment plans to reduce up to 1,200,000 shares, which is 1.16% of the total share capital, through block trading [1] - The reduction prices for both companies will be determined based on market prices [1]

Group 1 - The core viewpoint of the news is that Lianxiang Co., Ltd. has experienced a stock price decline of 2.04% on September 22, with a current price of 19.23 yuan per share and a market capitalization of 1.993 billion yuan [1] - Lianxiang's stock price has increased by 40.78% year-to-date, but has seen a decline of 4.09% over the last five trading days [1] - The company specializes in the research, design, production, and sales of indoor home decoration products, including wall fabrics and curtains, with a revenue composition of 62.95% from wall fabrics and curtains, 30.08% from renovation services, and 6.97% from other sources [1] Group 2 - As of June 30, the number of shareholders for Lianxiang has increased by 13.57% to 6,117, with an average of 16,940 circulating shares per person, up 114.68% [1] - For the first half of 2025, Lianxiang achieved operating revenue of 74.39 million yuan, representing a year-on-year growth of 38.72%, and a net profit attributable to the parent company of 931,700 yuan, up 106.84% year-on-year [1] - Since its A-share listing, Lianxiang has distributed a total of 72.09 million yuan in dividends [2]

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 年第三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 年第三次临时股东会（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：2025-048 浙江联翔智能家居股份有限公司 2025年第三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。 (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 重要内容提示： 本次会议是否有否决议案：无 (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 一、 会议召开和出席情况 审议结果：通过 | 1、出席会议的股东和代理人人数 | 39 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 63,279,560 | | 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（%） | 63.8271 | (一) 股东会召开的时间：2025 年 9 月 16 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 ...

Group 1 - Guangdong Lianxiang New Energy Co., Ltd. has been established, with Luo Jincheng as the legal representative [1] - The company's business scope includes new material technology research and development, biomass energy technology services, power generation technology services, and biomass fuel processing [1] - Lianxiang New Energy is jointly held by Lianxiang Co., Ltd. (603272) and other shareholders [1]

浙江联翔智能家居股份有限公司 2025 年第三次临时股东会会议材料 浙江联翔智能家居股份有限公司 2025 年第三次临时股东会 会议材料 二〇二五年九月 1 浙江联翔智能家居股份有限公司 2025 年第三次临时股东会会议材料 目 录 | （一）2025 年第三次临时股东会会议须知 3 | | | --- | --- | | （二）2025 年第三次临时股东会议程 5 | | | （三）关于修订《公司章程》并办理工商备案的议案 7 | | | （四）关于修订《浙江联翔智能家居股份有限公司股东会议事规则》的议案. | 38 | | （五）关于修订《浙江联翔智能家居股份有限公司董事会议事规则》的议案. | 39 | | （六）关于修订《浙江联翔智能家居股份有限公司关联交易管理制度》的议案40 | | | （七）关于修订《浙江联翔智能家居股份有限公司对外担保管理制度》的议案41 | | | （八）关于修订《浙江联翔智能家居股份有限公司独立董事工作制度》的议案42 | | | （九）关于修订《浙江联翔智能家居股份有限公司募集资金管理制度》的议案43 | | | （十）关于修订《浙江联翔智能家居股份有限公司防范控股股东、 ...

Core Viewpoint - On the evening of September 2, the company announced that it did not conduct any share repurchase in August 2025 [1] Group 1 - The company, Lianxiang Co., Ltd. (603272), released an announcement regarding its share repurchase activities [1]

Core Viewpoint - The company, Lianxiang Co., Ltd. (603272.SH), has conducted a share buyback program, acquiring a total of 1,152,759 shares, which represents 1.11% of its total share capital as of August 31, 2025 [1] Summary by Categories Share Buyback Details - The company has not conducted any buybacks until August 2025 [1] - The total number of shares repurchased is 1,152,759 [1] - The total share capital of the company is 103,627,000 shares [1] - The highest price paid for the repurchased shares was 17.20 RMB per share, while the lowest price was 13.87 RMB per share [1] - The total amount spent on the buyback was 17,490,619.03 RMB, excluding transaction fees [1]