惠达卫浴股份有限公司 证券代码：603385 证券简称：惠达卫浴 公告编号：2025-042 第七届董事会第九次会议决议公告 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 惠达卫浴股份有限公司（以下简称"公司"）第七届董事会第九次会议于 2025 年 10 月 29 日在公司会议室以现场结合通讯方式召开。本次会议由董事长 王彦庆先生召集并主持，应出席会议的董事 9 名，实际出席会议董事 9 名，公司 高级管理人员列席了本次会议。本次董事会参与表决人数及召集、召开程序符合 《公司法》《公司章程》的有关规定，所作决议合法有效。 二、董事会会议审议情况 （一）审议通过《关于计提资产减值准备的议案》 第七届董事会审计委员会 2025 年第五次会议已审议通过本议案，并同意将 该议案提交董事会审议。 具体内容详见公司同日披露的《关于计提资产减值准备的公告》（2025-043）。 表决结果：9 票同意、0 票反对、0 票弃权。 （二）审议通过《关于公司 2025 年第三季度报告的议案》 第七届董事会审计委员会 20 ...

Core Viewpoint - 惠达卫浴 reported a significant decline in both revenue and net profit for the third quarter and the first three quarters of the year, indicating potential challenges in the market [1] Financial Performance - Third quarter revenue was 785 million, a decrease of 12.09% [1] - Third quarter net profit was a loss of 2.73 million, a decline of 108.25% [1] - Year-to-date revenue for the first three quarters was 2.21 billion, down 10.71% [1] - Year-to-date net profit was 15.24 million, a decrease of 83.69% [1]

证券代码：603385 证券简称：惠达卫浴 公告编号：2025-041 惠达卫浴股份有限公司 关于召开 2025 年第三季度业绩说明会的公告 惠达卫浴股份有限公司（以下简称"公司"）已于 2025 年 10 月 30 日发布公 司 2025 年第三季度报告，为便于广大投资者更全面深入地了解公司 2025 年第三 季度经营成果、财务状况，公司计划于 2025 年 11 月 04 日（星期二）11:00-12:00 举行 2025 年第三季度业绩说明会，就投资者关心的问题进行交流。 一、说明会类型 本次投资者说明会以网络互动形式召开，公司将针对 2025 年第三季度的经 营成果及财务指标的具体情况与投资者进行互动交流和沟通，在信息披露允许的 范围内就投资者普遍关注的问题进行回答。 二、说明会召开的时间、地点 （一）会议召开时间：2025 年 11 月 04 日（星期二）11:00-12:00 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： 会议召开时间：2025 年 11 月 04 日（星期二）11:00-12:0 ...

Market Overview - The home goods sector increased by 0.07% on October 14, with Hao Tai Tai leading the gains [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Top Performers - Hao Tai Tai (603848) closed at 22.13, up 9.99% with a trading volume of 104,800 shares and a turnover of 227 million yuan [1] - Sea Owl (002084) closed at 4.52, up 9.98% with a trading volume of 573,900 shares and a turnover of 252 million yuan [1] - Yu Ma Technology (300993) closed at 19.35, up 5.39% with a trading volume of 264,400 shares and a turnover of 506 million yuan [1] Underperformers - Jiangshan Oupai (603208) closed at 15.26, down 5.63% with a trading volume of 177,200 shares and a turnover of 283 million yuan [2] - Filinger (603226) closed at 45.08, down 4.09% with a trading volume of 161,500 shares and a turnover of 758 million yuan [2] - Qi Sheng Technology (603610) closed at 18.52, down 3.94% with a trading volume of 228,500 shares and a turnover of 433 million yuan [2] Capital Flow - The home goods sector experienced a net outflow of 26.59 million yuan from institutional investors and 53.19 million yuan from speculative funds, while retail investors saw a net inflow of 79.79 million yuan [2] - The capital flow for individual stocks in the home goods sector is detailed in the following table [3] Individual Stock Capital Flow - Sea Owl (002084) had a net inflow of 93.29 million yuan from institutional investors, but a net outflow of 36.74 million yuan from speculative funds and 56.54 million yuan from retail investors [3] - Hao Tai Tai (603848) saw a net inflow of 36.04 million yuan from institutional investors, with net outflows from both speculative and retail investors [3] - Yu Ma Technology (300993) had a net inflow of 29.99 million yuan from institutional investors, but a net outflow from retail investors [3]

Core Points - The Shanghai Composite Index is at 3873.15 points, above the six-month moving average, with a decline of 0.42% [1] - The total trading volume of A-shares today is 20,878.49 billion yuan [1] - A total of 128 A-shares have surpassed the six-month moving average, with notable stocks showing significant deviation rates [1] Summary by Category Stock Performance - Stocks with the highest deviation rates include: - Aienju (6.89% deviation, 9.39% increase, trading volume 22.19%) - Kaiteng Gas (4.10% deviation, 5.45% increase, trading volume 6.84%) - Huifeng Diamond (3.82% deviation, 10.50% increase, trading volume 19.75%) [1] - Other stocks that just crossed the six-month line include: - Two-sided Needle, China Merchants Securities, and Guangji Pharmaceutical with minimal deviation rates [1] Trading Data - The trading data for stocks that broke the six-month line includes: - Nanjing Public (4.20% increase, 4.78% trading volume, 6.46 yuan six-month line, 6.70 yuan latest price, 3.79% deviation) - Ji'an Medical (4.19% increase, 3.45% trading volume, 38.37 yuan six-month line, 39.79 yuan latest price, 3.70% deviation) [1] - The overall trading activity reflects a diverse range of stocks with varying performance metrics [1]

Core Viewpoint - The A-share market shows a positive trend with the Shanghai Composite Index closing at 3897.56 points, above the six-month moving average, reflecting a slight increase of 0.21% [1] Group 1: Market Performance - The total trading volume of A-shares reached 1681.524 billion yuan today [1] - A total of 127 A-shares have surpassed the six-month moving average, indicating a bullish sentiment in the market [1] Group 2: Individual Stock Performance - Stocks with significant deviations from the six-month moving average include: - Ainanju (证券代: 920770) with a deviation rate of 9.77% and a daily increase of 12.36% [1] - Huifeng Diamond (证券代: 920725) with a deviation rate of 5.80% and a daily increase of 12.63% [1] - Kaitian Gas (证券代: 920010) with a deviation rate of 5.69% and a daily increase of 7.07% [1] - Other notable stocks with smaller deviations include Jiangzhong Pharmaceutical, Qingdao Port, and Ningbo Energy, which have just crossed the six-month moving average [1]

Core Viewpoint - Huida Sanitary Ware's asset disposal plan has faced setbacks, as the company failed to attract interested buyers for the 100% equity and debt transfer of Guangxi Xingaosheng Thin Ceramic Tile Co., Ltd. at a base price of 144 million yuan [1][3]. Company Summary - The asset sale was initiated with a controversial pricing strategy, offering the 100% equity of Guangxi Xingaosheng for 1 yuan, while the total debt of approximately 269 million yuan was set at a base price of 144 million yuan, representing 53.6% of the total debt [3]. - Guangxi Xingaosheng, a high-tech enterprise specializing in ceramic thin slate products, has been continuously losing money and is currently insolvent, with a net loss of 34.886 million yuan in 2024 and an additional loss of 29.3084 million yuan in the first half of 2025 [3]. - As of June 30, 2025, Guangxi Xingaosheng's net assets were reported at -154 million yuan and the company is currently in a state of suspension [3][6]. - Huida Sanitary Ware aims to adjust and optimize its industrial structure through this transaction, and if completed, Guangxi Xingaosheng will no longer be included in the company's consolidated financial statements [3]. Industry Summary - The failure of the asset disposal is closely related to the severe challenges facing the entire ceramic industry, with a reported 12.18% year-on-year decline in national ceramic tile production in 2024 and a capacity utilization rate of less than 50%, indicating a serious overcapacity issue [5]. - Huida Sanitary Ware's half-year report for 2025 reflects the industry's difficulties, showing a 9.94% year-on-year decline in revenue and a 70.21% drop in net profit attributable to the parent company, primarily due to decreased income from the tile/slate segment and asset impairment [6]. - The ongoing downturn in the real estate market and overall pressure on the building materials industry make Huida Sanitary Ware's divestiture of loss-making assets a critical move to focus on its core business and mitigate losses [8].

Core Viewpoint - 惠达卫浴 has completed the registration of changes in its business scope and has obtained a new business license, expanding its operations to include road freight transportation (excluding hazardous goods) [1][2] Group 1: Business Registration Changes - The company has amended its business scope to include "road freight transportation (excluding hazardous goods)" and revised its articles of association accordingly [1] - The new business license was issued by the Tangshan Administrative Approval Bureau, confirming the updated registration details [1] - The company's registered capital is 386,464,900 CNY, and it was established on December 11, 1997 [1] Group 2: Sale of Subsidiary - 惠达卫浴 has proposed to publicly sell 100% equity and debt of Guangxi Xingaosheng Thin Ceramic Co., Ltd. [3] - The board approved the sale on September 4, 2025, and authorized the management to handle related matters [3] - The initial listing price for the sale was set at 144.473961 million CNY, but no interested buyers were found by the end of the listing period on September 25, 2025, leading to the termination of the sale process [4]

Company Overview - Huida Sanitary Ware Co., Ltd. was founded in 1982 and is headquartered in Tangshan, Hebei Province, with an asset scale of 5.5 billion and products exported to over 100 countries and regions [2] - The company has three core production bases in Tangshan, Chongqing, and Guangxi, with an annual production capacity of 10 million sanitary ceramics, 500,000 smart bathrooms, and 600,000 high-end bathroom cabinets [2] - Huida owns multiple brands including "HUIDA," "DOFINY," and "LA'BOBO," covering a full range of products such as sanitary ware, ceramic tiles, rock slabs, and integrated kitchen and bathroom solutions [2] - The company has established national-level research and development facilities and has been recognized as a national high-tech enterprise and a national green factory [2] Governance and Management Practices - The board of directors consists of 9 members, including 3 independent directors, with a 33% representation of female directors, promoting diverse and professional decision-making [3] - The company has implemented a comprehensive management mechanism for information security, including risk warning, emergency response, real-time monitoring, and regular audits, enhancing data protection and compliance [3] - Huida has established a multi-dimensional defense network for system security, achieving a core business system availability of 99.99% and has not experienced any major information security incidents during the reporting period [3] - The company aims to achieve ISO 27001 international certification for information security management systems by 2024, reinforcing its commitment to transparent governance and digital empowerment [3]

Core Viewpoint - Huida Sanitary Ware has announced the termination of the public listing for the sale of 100% equity and debt of Guangxi Xingaosheng due to a lack of interested buyers, despite an initial listing price of 144 million yuan [1][2]. Group 1: Company Developments - On September 12, Huida Sanitary Ware and its subsidiary Beiliu Xinshi Da publicly listed the 100% equity and debt of Guangxi Xingaosheng at a starting price of 144 million yuan [1]. - As of September 25, the initial listing period ended without any interested buyers, leading to the termination of the transfer process [1]. - The company plans to discuss the sale of Guangxi Xingaosheng's equity and debt and will submit a proposal for board review [1]. Group 2: Financial Performance - In the first half of 2025, Huida Sanitary Ware reported total revenue of 1.425 billion yuan, a year-on-year decrease of 9.94% [2]. - The net profit attributable to the parent company was 17.97 million yuan, down 70.21% year-on-year, while the non-recurring net profit showed a loss of 29.86 million yuan compared to a profit of 26.91 million yuan in the previous year [2]. - The net cash flow from operating activities was 91.12 million yuan, a decline of 65.26% year-on-year, primarily due to reduced net receipts from sales and purchases [2][3]. Group 3: Business Impact - Guangxi Xingaosheng, which specializes in the research, design, production, and sales of ceramic thin slate products, is currently in a state of suspension [2]. - The revenue from Guangxi Xingaosheng accounted for 3.17% of Huida Sanitary Ware's most recent audited revenue, indicating that the asset sale will not significantly impact the company's main business or ongoing operations [2].