近日，公司完成上述事项的工商变更登记，取得了唐山市行政审批局换发的 《营业执照》。本次工商变更登记后，公司的基本登记信息如下： 统一社会信用代码：91130200713109049Q 证券代码：603385 证券简称：惠达卫浴 编号：2025-040 惠达卫浴股份有限公司 关于完成工商变更登记并换发营业执照的公告 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。 惠达卫浴股份有限公司（以下简称"公司"）第七届董事会第八次会议及 2025 年第二次临时股东会审议通过了《关于增加经营范围暨修订<公司章程>的 议案》。根据公司经营与发展的实际需要，公司经营范围增加"道路货物运输（不 含危险货物）"，并同步对《公司章程》的相关条款做出修订。具体内容详见公 司披露的《关于增加经营范围暨修订<公司章程>的公告》（公告编号：2025-035）。 注册资本：叁亿捌仟零陆拾陆万肆仟玖佰陆拾捌元整 成立日期：1997 年 12 月 11 日 经营范围：一般项目：卫生陶瓷制品制造；卫生陶瓷制品销售；建筑陶瓷制 品销售；建筑陶瓷制品加工制造；卫生洁具销 ...

2025 年 9 月 27 日 一、交易概述 惠达卫浴股份有限公司（以下简称"公司"）于 2025 年 9 月 4 日召开第七 届董事会第八次会议，审议通过了《关于拟公开挂牌出售广西新高盛薄型建陶有 限公司 100%股权及债权的议案》，同意公司及公司控股子公司北流市新盛达新 型材料有限公司（以下简称"北流新盛达"）公开挂牌转让广西新高盛薄型建陶 有限公司（以下简称"广西新高盛"）100%股权及债权，并授权公司经营层办理 相关事宜。具体内容详见公司披露的《关于拟公开挂牌出售广西新高盛薄型建陶 有限公司 100%股权及债权的公告》（公告编号：2025-034）。 二、进展情况 2025 年 9 月 12 日，公司及控股子公司北流新盛达在北京产权交易中心以 14,447.3961 万元为首次挂牌底价对广西新高盛 100%股权及债权进行公开挂牌， 挂牌项目编号为 CP2025BJ1000404。截至 2025 年 9 月 25 日首次挂牌期满，公司 尚未征集到意向受让方，此次挂牌转让程序终止。公司将尽快讨论广西新高盛股 权及债权的出售方案，并提交董事会审议。 特此公告。 惠达卫浴股份有限公司董事会 证券代码：6033 ...

Core Viewpoint - The smart toilet industry is experiencing growth driven by consumer upgrades and health awareness, but faces intense competition and low market penetration [3] Group 1: Industry Overview - The smart toilet market is expanding due to the implementation of the "old-for-new" national subsidy policy, yet it remains characterized by low market penetration and significant product homogeneity [3] - The introduction of 3C certification and other standards is raising industry entry barriers and product quality requirements, benefiting leading companies with strong R&D capabilities and brand advantages [3] - The industry is shifting from price competition to differentiation based on functionality, technology, quality, and user experience [3] Group 2: Company Strategy - The company is committed to a dual strategy of deepening channel development and digital transformation, focusing on user needs across channels, products, marketing, and services [4][5] - The company is implementing a "thousand merchants and ten thousand stores" plan to enhance channel penetration, collaborating with decoration companies and old renovation firms to reach targeted consumer segments [4] - The company is expanding its online presence through traditional e-commerce platforms and emerging live-streaming channels to reach diverse consumer habits [5] Group 3: Product and Marketing Strategy - The company is enhancing its brand positioning as a "health bathroom expert," focusing on health, intelligence, and environmental sustainability in product development [6] - The company aims to optimize its product structure and improve the speed of new product launches to meet diverse consumer needs and enhance competitiveness [6] - Marketing efforts are focused on improving new product promotion efficiency and increasing the sales proportion of high-value products to strengthen overall profitability [6] Group 4: International Market Development - The company is optimizing its international business management system and adapting to new market conditions, particularly in the Middle East and Southeast Asia [6] - The company is enhancing its product capabilities for international markets by offering customized product support to increase customer loyalty [6] - The company continues to focus on major client aggregation strategies to improve localized service levels and strengthen long-term cooperation with key clients [6]

Group 1 - The core viewpoint of the announcement is the resolution of the second extraordinary general meeting of shareholders held by Huida Sanitary Ware Co., Ltd. on September 23, 2025, which was conducted legally and effectively [1][2][6] - The meeting was attended by all nine current directors and other senior management personnel, ensuring a full representation of the board [3] - The first agenda item, which involved the proposal to expand the business scope and amend the Articles of Association, was passed with more than two-thirds of the voting rights from the attending shareholders [4][6] Group 2 - The meeting was convened by the board of directors and chaired by Chairman Wang Yanqing, utilizing a combination of on-site and online voting methods [2][4] - The legal proceedings of the meeting were verified by Beijing Haotian Law Firm, confirming that all procedures complied with relevant laws and regulations [5][6] - The announcement includes a legal opinion letter signed and stamped by the law firm's director, affirming the legality and validity of the meeting and its resolutions [6]

证券代码：603385 证券简称：惠达卫浴 公告编号：2025-038 惠达卫浴股份有限公司 2025年第二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 (一)股东会召开的时间：2025 年 9 月 23 日 (二)股东会召开的地点：河北省唐山市丰南区黄各庄镇惠达路 2 号办公楼八楼会 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： | 1、出席会议的股东和代理人人数 | 104 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 256,811,686 | | 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（%） | 67.4639 | (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。 1、 议案名称：《关于增加经营范围暨修订<公司章程>的议案》 审议结果：通过 表决情况： 本次会议由公司董事会召集，董事长王彦庆先 ...

本所及本所律师依据《证券法》《律师事务所从事证券法律业务管理办法》 和《律师事务所证券法律业务执业规则（试行）》等规定及本法律意见书出具日 以前已经发生或者存在的事实，严格履行了法定职责，遵循了勤勉尽责和诚实信 用原则，进行了充分的核查验证，保证本法律意见书所认定的事实真实、准确、 完整，所发表的结论性意见合法、准确，不存在虚假记载、误导性陈述或者重大 遗漏，并承担相应法律责任。 北京浩天律师事务所 关于惠达卫浴股份有限公司 2025 年第二次临时股东会的 法律意见书 致：惠达卫浴股份有限公司 北京浩天律师事务所（以下简称"本所"）为具有从事法律业务资格的律师事 务所。本所接受惠达卫浴股份有限公司（以下简称"公司"）的委托，指派本所律 师根据《中华人民共和国公司法》《中华人民共和国证券法》（以下简称"《证 券法》"）《上市公司股东会规则》等有关法律、法规、规范性文件（以下统称"法 律法规"）及《惠达卫浴股份有限公司章程》（以下简称"《公司章程》"）的规 定，就公司 2025 年第二次临时股东会（以下简称"本次股东会"）相关事宜出具 本法律意见书。 为出具本法律意见书，本所律师查阅了公司提供的有关本次股东会的相 ...

Core Viewpoint - The domestic real estate market continues to face pressure in the first half of 2025, impacting the home furnishing industry, although the implementation of a subsidy policy for durable consumer goods has somewhat mitigated the downturn [1] Investment and Construction - Residential investment reached 3.58 trillion yuan, a year-on-year decline of 10.4% - New residential construction area was 22.3 million square meters, down 19.6% - Completed residential area was 16.3 million square meters [1] Home Furnishing Industry Performance - Six listed bathroom product companies reported a total revenue of 10.076 billion yuan, a year-on-year decrease of 9.5% - Arrow Home ranked first with a revenue of 2.837 billion yuan, surpassing the second-ranked Jianlin Home by approximately 451 million yuan - Rietter's revenue fell significantly by 19.5% to 920 million yuan compared to the first half of 2024 [1] Cost Control - Operating costs for bathroom product companies generally decreased due to business contraction, with Arrow Home and Jianlin Home's cost reductions outpacing revenue declines - Arrow Home's operating cost was 2.001 billion yuan, leading the sector [1] Expense Efficiency - Jianlin Home was the only company to see an increase in sales, management, and R&D expenses year-on-year - Rietter reduced all three expense categories, while Huida Bathroom had the highest sales expense ratio at 11.8% - Songlin Technology had the highest management expense ratio at approximately 13.5% [1] Profitability - Jianlin Home reported a net profit of approximately 238 million yuan, while the combined net profit/loss of the other five companies was only 165 million yuan - Jianlin Home also experienced the smallest decline in net profit compared to the first half of 2024 [1] Profit Quality - Only Arrow Home reported a net outflow in operating cash flow, while Songlin Technology, Jianlin Home, and Huida Bathroom saw a year-on-year decrease in net operating cash flow - Huida Bathroom had high accounts receivable and inventory turnover days, at 98 days and 160 days respectively, affected by the weak performance of upstream real estate companies [1]

Core Viewpoint - The domestic real estate market in China continues to face pressure in the first half of 2025, impacting related industries such as home furnishings and sanitary ware, with significant declines in investment, construction, and sales metrics [1][3]. Investment and Construction - Residential investment reached 3.58 trillion yuan, down 10.4% year-on-year - New residential construction area was 22.3 million square meters, a decrease of 19.6% - Completed residential area was 16.3 million square meters, down 15.5% [1]. Sales Performance - Residential sales area declined by 3.7% - New residential property sales amounted to 442 billion yuan, down 5.5%, with residential sales dropping by 5.2% [1]. Home Furnishing Industry Impact - The home furnishing industry is affected, but the implementation of trade-in subsidies for durable consumer goods since Q4 2024 has somewhat mitigated the downturn [1]. - In the first half of 2025, revenue for furniture manufacturing enterprises above designated size totaled 302.39 billion yuan, down 4.9%, while total profit fell by 23.1% to 10.64 billion yuan [1]. Financial Performance of Sanitary Ware Companies - Six listed sanitary ware companies reported a combined revenue of 10.076 billion yuan, down 9.5%, with a total net profit of 403 million yuan, compared to 681 million yuan in the same period of 2024 [1][3]. - Arrow Home led in revenue with 2.837 billion yuan, while Seagull Home reported a net loss of 26.06 million yuan, marking its first loss since 2009 [11]. Cost Control - Operating costs for sanitary ware companies generally decreased, with Arrow Home's costs at 2.001 billion yuan, 1.15 times that of the second-largest, Jianlin Home [4]. - Seagull Home's operating cost ratio was notably high at 87.1%, primarily due to geopolitical tensions affecting export costs [4]. Expense Efficiency - Jianlin Home was the only company to see increases in sales, management, and R&D expenses, while others like Ruierte reduced all three [7]. - Huida Sanitary had the highest sales expense ratio at 11.8% [7]. R&D Investment - R&D expense ratios for sanitary ware companies ranged from 3% to 5%, with Songlin Technology leading at 10.2% [8]. - Huida Sanitary's R&D expenses fell over 33% due to project fluctuations [8]. Profitability - Jianlin Home reported a net profit of approximately 238 million yuan, the highest among peers, with a minimal decline of 8.0% year-on-year [11]. - Seagull Home's net profit margin was -2.4%, the lowest among the companies analyzed [11]. Cash Flow and Quality - Only Arrow Home reported a net outflow in operating cash flow, while others like Songlin Technology and Jianlin Home saw declines in cash flow net amounts [14]. - Huida Sanitary's accounts receivable and inventory turnover days were notably high, indicating potential liquidity issues [16].

Core Points - The 2025 list of the top 100 private enterprises in Hebei Province was released by the Hebei Federation of Industry and Commerce on September 9 [1] - The list includes various sectors, highlighting the diversity and strength of private enterprises in the region [6] Group 1: Top 100 Private Enterprises - The list features companies such as Yuhua Steel Co., Ltd., Tangshan Ganglu Steel Co., Ltd., and Jinko Solar Technology Co., Ltd. [2][3][4] - Notable mentions include Longcheng Automotive Co., Ltd. and Hebei Construction Group [4][6] Group 2: Manufacturing Sector - The top 100 private manufacturing enterprises include companies like Jingye Group Co., Ltd. and Hebei Xinhua United Metallurgical Holding Group [6][7] - The manufacturing sector showcases a strong representation of steel and automotive industries [6][20] Group 3: Service Sector - The top 100 private service enterprises feature Hebei Qianxihe Food Co., Ltd. and Xinlian Logistics Group [13][14] - This indicates a growing service industry alongside traditional manufacturing [13] Group 4: R&D Investment - The top 100 private enterprises in R&D investment include Changcheng Automotive Co., Ltd. and Shijiazhuang Yiling Pharmaceutical Co., Ltd. [20][26] - This highlights the emphasis on innovation and technology development within Hebei's private sector [20] Group 5: Patent Holdings - The top 100 private enterprises for invention patents are led by Changcheng Automotive Co., Ltd. and New Hope Liuhe Co., Ltd. [26][27] - This reflects the commitment to intellectual property and innovation among leading companies in Hebei [26]

2025年第二次临时股东会会议资料 惠达卫浴股份有限公司 2025年第二次临时股东会会议资料 二〇二五年九月 1 / 9 2025年第二次临时股东会会议资料 目录 | 一、2025年第二次临时股东会会议议程 | 3 | | --- | --- | | 二、2025年第二次临时股东会会议须知 | 5 | | 议案一：关于《增加经营范围暨修订<公司章程>》的议案 | 7 | 2 / 9 2025年第二次临时股东会会议资料 惠达卫浴股份有限公司 2025年第二次临时股东会会议议程 会议召集人：公司董事会 （三）会议出席及列席人员 1.2025年9月17日下午收市后，在中国证券登记结算有限责任公司上海分公 司登记在册的公司全体股东或其合法委托的代理人 2.公司董事和高级管理人员 一、会议召开的基本情况 （一）会议类型和届次 2025年第二次临时股东会 （二）会议召开时间、地点 现场会议时间：2025年9月23日下午14:30 现场会议地点：河北省唐山市丰南区黄各庄镇惠达路2号办公楼八楼会议室 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起始时间：通过交易系统投票平台的投票时间为2025年9月23日 9:1 ...