Core Viewpoint - The company has approved the use of idle self-owned funds for entrusted wealth management to enhance the efficiency of fund utilization and increase investment returns [2][9]. Group 1: Board Meeting Overview - The 11th meeting of the 4th Board of Directors was held on November 11, 2025, with all 7 directors present, complying with legal and regulatory requirements [1][3]. - The meeting approved the proposal to use idle self-owned funds for entrusted wealth management through a voting process [2][3]. Group 2: Investment Details - The total amount for investment is capped at RMB 60 million, which can be rolled over within the specified limit [10]. - The funds will be sourced from the company's idle self-owned funds, ensuring compliance with legal regulations [11]. - The investment will involve subscribing to risk-controlled financial products issued by financial institutions, including public funds, private funds, and asset management plans [12]. Group 3: Approval Process - The proposal was approved during the board meeting and does not require submission to the shareholders' meeting for further approval [7][13]. Group 4: Risk Management Measures - The company acknowledges potential market, liquidity, and credit risks associated with the entrusted wealth management, emphasizing a cautious investment strategy [14][16]. - Specific measures include strict adherence to investment principles, ongoing monitoring of fund operations, and oversight by independent directors and the audit committee [16]. Group 5: Impact on the Company - The use of idle self-owned funds for entrusted wealth management is designed to not adversely affect the company's main business operations, aiming to enhance fund efficiency and increase returns for the company and its shareholders [16].

每经AI快讯，我乐家居（SH 603326，收盘价：9.52元）11月11日晚间发布公告称，公司第四届第十一 次董事会会议于2025年11月11日在公司会议室以现场及通讯方式召开。会议审议了《关于使用闲置自有 资金进行委托理财的议案》等文件。 （记者 王晓波） 2024年1至12月份，我乐家居的营业收入构成为：家居制造占比100.0%。 截至发稿，我乐家居市值为30亿元。 每经头条（nbdtoutiao）——谁在替王家卫写《繁花》？揭秘影视剧本层层转包"枪手链" ...

证券代码：603326 证券简称：我乐家居 公告编号：2025-051 南京我乐家居股份有限公司 关于使用闲置自有资金进行委托理财的公告 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。 重要内容提示： 基本情况 | 投资金额 | 不超过人民币 | 6,000.00 万元 | | --- | --- | --- | | 投资种类 | | 金融机构发行的风险可控的理财产品，包括但不限于公募基金、私募基金、 | | | 资产管理计划等 | | | 资金来源 | 自有资金 | | (一)投资目的 已履行及拟履行的审议程序 南京我乐家居股份有限公司（以下简称"公司"）第四届董事会第十一次会 议审议通过，本事项无需提交公司股东会审议。 特别风险提示 1、金融市场受宏观经济的影响较大，本次委托理财可能存在市场风险、流 动性风险、信用风险及其他风险，理财收益具有不确定性。 2、本次拟投资的理财产品为非保本理财产品，可能存在本金损失的风险。 公司将积极采取审慎投资策略，选择信誉良好、资产优质的金融机构合作，并持 续跟踪理财资金的运作情况，加强风 ...

与会董事以记名投票表决方式，审议通过了《关于使用闲置自有资金进行委 托理财的议案》。 证券代码：603326 证券简称：我乐家居 公告编号：2025-050 南京我乐家居股份有限公司 第四届董事会第十一次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 南京我乐家居股份有限公司（以下简称"公司"）第四届董事会第十一次会 议于 2025 年 11 月 11 日在公司会议室以现场及通讯方式召开，会议通知于 2025 年 11 月 5 日以邮件方式发出。会议由董事长 NINA YANTI MIAO（缪妍缇）女士 主持，应出席会议董事 7 名，实际出席会议董事 7 名。本次会议的召开符合《公 司法》及《公司章程》的有关规定。 二、董事会会议审议情况 在控制风险和不影响公司主营业务正常发展的前提下，为提高自有资金使用 效率，增加投资收益，根据《公司章程》《对外投资管理制度》等规定，公司拟 使用总额不超过人民币 6,000.00 万元的闲置自有资金，认购金融机构发行的风 险可控的理财产品，包括但不 ...

南财智讯11月11日电，我乐家居公告，公司拟使用不超过人民币6000.00万元的自有资金进行委托理 财，投资品种包括金融机构发行的风险可控的理财产品，如公募基金、私募基金、资产管理计划等。该 事项已经公司第四届董事会第十一次会议审议通过，无需提交股东会审议。投资期限为董事会审议通过 之日起12个月内，资金可在额度内滚动使用。 ...

Market Overview - The home goods sector increased by 0.05% on November 7, with Yayi Technology leading the gains [1] - The Shanghai Composite Index closed at 3997.56, down 0.25%, while the Shenzhen Component Index closed at 13404.06, down 0.36% [1] Top Performers - Yayi Technology (301113) closed at 25.98, up 6.83% with a trading volume of 43,400 shares and a turnover of 110 million yuan [1] - Delixi Co., Ltd. (002571) closed at 8.96, up 6.16% with a trading volume of 316,200 shares and a turnover of 280 million yuan [1] - Dinggu Jichuang (300749) closed at 10.36, up 4.33% with a trading volume of 80,100 shares [1] Underperformers - ST Huapeng (603021) closed at 5.11, down 5.02% with a trading volume of 207,000 shares and a turnover of 108 million yuan [2] - Hanga Group (001221) closed at 56.50, down 4.38% with a trading volume of 27,900 shares [2] - Marco Polo (001386) closed at 25.50, down 3.63% with a trading volume of 239,200 shares and a turnover of 617 million yuan [2] Capital Flow - The home goods sector experienced a net outflow of 48.42 million yuan from institutional investors, while retail investors saw a net inflow of 35.42 million yuan [2] - The top net inflows from retail investors included Yayi Technology (1257.38 million yuan) and Hars (1184.24 million yuan) [3] Summary of Capital Flows - Yayi Technology had a net inflow of 1257.38 million yuan from institutional investors, representing 11.44% of its total trading [3] - Delixi Co., Ltd. saw a net inflow of 1721.20 million yuan from institutional investors, accounting for 6.14% of its trading [3] - The overall trend indicates a mixed sentiment in the home goods sector, with significant retail interest despite institutional outflows [2][3]

Core Viewpoint - Iolo Home is a well-known enterprise in the customized home furnishing sector in China, focusing on integrated kitchen cabinets and whole-house custom furniture, with a full industry chain advantage [1] Group 1: Business Performance - In Q3 2025, Iolo Home reported revenue of 1.055 billion yuan, ranking 9th in the industry, significantly lower than the top player, Oppein, at 13.214 billion yuan [2] - The main business composition shows that whole-house customization accounted for 82.18% of revenue at 550 million yuan, while integrated kitchen cabinets contributed 17.82% at 119 million yuan [2] - The net profit for the same period was 138 million yuan, ranking 4th in the industry, but still below Oppein's 1.835 billion yuan [2] Group 2: Financial Ratios - As of Q3 2025, Iolo Home's debt-to-asset ratio was 43.37%, higher than the industry average of 41.92%, but down from 46.74% in the same period last year [3] - The gross profit margin for Q3 2025 was 46.58%, slightly lower than 46.64% from the previous year, yet above the industry average of 29.57% [3] Group 3: Executive Compensation - The chairman, Miao Yanti, received a salary of 720,000 yuan in 2024, unchanged from 2023 [4] - The general manager, Wang Chunjun, earned 957,200 yuan in 2024, a slight increase from 955,700 yuan in 2023 [4] Group 4: Shareholder Information - As of September 30, 2025, the number of A-share shareholders decreased by 3.74% to 11,900 [5] - The average number of circulating A-shares held per shareholder increased by 3.88% to 26,900 [5] - Notable new shareholders include Guangfa Multi-Factor Mixed Fund, ranking as the fourth largest circulating shareholder with 3.3178 million shares [5] Group 5: Growth Highlights - Iolo Home's Q1-Q3 2025 revenue grew by 2.2% year-on-year, reaching 1.055 billion yuan, while net profit increased by 70.9% to 138 million yuan [5] - The revenue structure has improved, with whole-house revenue share rising to 79%, up from 56% in 2021, focusing on high-end market differentiation [5] - The company opened 11 new kitchen and 10 whole-house custom stores in Q3, with revenue from direct and distribution channels growing by 2.0% and 11.5% year-on-year, respectively [5]

Core Insights - The home decoration industry is witnessing a shift towards "one-stop shopping," with the integration of various home furnishing categories becoming mainstream, leading to increased consumer awareness of "whole home" and "whole decoration" concepts [1][3]. Company Strategies - **Oppein Home**: The company reported a 7% year-on-year growth in its whole decoration channel revenue in the first half of the year, with some regional dealers achieving over 50% growth. However, it faces challenges from disordered competition among industry players, impacting the stability of cooperation with renovation companies [3][4]. - **Sofia**: Sofia is focusing on the whole decoration channel as a key growth area, establishing exclusive products and pricing systems to differentiate from retail channels. The company achieved revenue of 8.52 billion yuan from its whole decoration channel in the first half of the year, collaborating with 270 renovation companies across 211 cities [6][4]. - **Zhibang Home**: The company is implementing a dual approach by partnering with both national and regional large-scale decoration companies, providing product, sales, and service support while the renovation companies handle design and construction [7][9]. - **Golden Home**: The company is committed to deepening its "first partner in home decoration" strategy, enhancing its capabilities in digital empowerment, intelligent design, and supply chain management. It reported a 30% year-on-year growth in home decoration channel revenue, with 1,458 stores established by mid-2025 [10][12]. - **Iole Home**: The company is pursuing a dual-channel development strategy, focusing on both whole decoration and retail channels. It emphasizes comprehensive capability competition and has transformed traditional stores into experiential centers and community service hubs [13][15]. Industry Trends - The collaboration between home furnishing companies and renovation firms is characterized by two main trends: balancing interests between decoration channels and retail channels, and increasing empowerment of renovation companies through product development and technical support [16].

关于 2025 年第三季度业绩说明会召开情况的公告 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。 南京我乐家居股份有限公司 证券代码：603326 证券简称：我乐家居 公告编号：2025-049 一、业绩说明会召开情况 公司于 2025 年 10 月 15 日在上海证券交易所网站（www.sse.com.cn）和《中 国证券报》《上海证券报》《证券时报》《证券日报》披露《关于召开 2025 年第三 季度业绩说明会的公告》（公告编号 2025-048）。2025 年 10 月 22 日，公司董事 长 NINA YANTI MIAO（缪妍缇）女士、副董事长兼总经理汪春俊先生、副总经理 兼董事会秘书徐涛先生、财务总监黄宁泉女士、独立董事黄奕鹏先生出席了本次 说明会，与投资者进行互动交流和沟通，就投资者关注的问题进行了回复。 二、投资者提出的主要问题及公司回复情况 问题 1：公司盈利增长主要由哪些因素驱动？ 回复：2025 年前三季度，公司实现营业收入 10.55 亿元，同比增长 2.18%； 归属于上市公司股东的净利润 1.38 ...

Core Viewpoint - The company reported a revenue of 1.055 billion yuan for the first three quarters of 2025, reflecting a year-on-year growth of 2.18%, and a net profit of 138 million yuan, which represents a significant increase of 70.92% [1] Financial Performance - For the third quarter, the company achieved a revenue of 386 million yuan, with a net profit of 45.37 million yuan, marking year-on-year growths of 2.84% and 29.20% respectively [1] - The high growth in profitability is attributed to increased revenue from both distribution and direct sales, a higher proportion of high-end orders, and a reduction in various expenses [1] Strategic Initiatives - The company addressed questions regarding its new store layout, differentiation from other brands, technology empowerment, and dividend policy during the earnings call [1]