证券代码：603385 证券简称：惠达卫浴 公告编号：2025-037 惠达卫浴股份有限公司 关于参加 2025 年河北辖区上市公司投资者网上集体接待日 暨 2025 年半年报集体业绩说明会的公告 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。 为进一步加强与投资者的互动交流，惠达卫浴股份有限公司(以下简称"公 司")将参加由河北省上市公司协会与深圳市全景网络有限公司联合举办的"2025 年河北辖区上市公司投资者网上集体接待日暨 2025 年半年报集体业绩说明会活 动"，现将相关事项公告如下: 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 (http://rs.p5w.net)，或关注微信公众号:全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2025 年 9 月 15 日(周一)15:00-17:00。 届时公司董事、总经理王佳女士，董事、常务副总经理、董事会秘书张春玉 先生，财务总监刘俊燕女士将在线就公司业绩、公司治理、发展战略、经营状况 和可持续发展等投资者关心的问题，与投资者进行沟通 ...

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 东 | 时 | 股 | 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 2 0 2 5 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 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 ...

Core Viewpoint - The long-standing bathroom brand Huida Sanitary (603385.SH) is opting for a "radical" approach to divest its loss-making assets due to continuous losses over its 43-year history [1]. Group 1: Asset Divestiture - Huida Sanitary announced plans to publicly transfer 100% equity and related debts of its subsidiary, Guangxi Xingaosheng Thin Ceramic Co., Ltd. (广西新高盛), through a public listing [3]. - The equity will be transferred at a base price of 1 yuan, while the debts will be sold at nearly a 50% discount, raising market attention [3]. - Guangxi Xingaosheng has been consistently losing money, with a net loss of 29.31 million yuan in the first half of 2025 and a negative net asset of 154 million yuan, currently in a state of suspension [3]. Group 2: Financial Details - The assessment report from Walker (Beijing) International Asset Appraisal Co., Ltd. indicated that as of June 30, 2025, the book value of all shareholders' equity for Guangxi Xingaosheng was -154 million yuan, with an assessed value of -63.08 million yuan [3]. - The total debt owed to Guangxi Xingaosheng amounts to 269 million yuan, with Huida Sanitary's own debt at 138 million yuan, and the debts are listed at a base price of 144 million yuan [3]. Group 3: Strategic Intent - The company aims to adjust and optimize its industrial structure, integrate resources, reduce management costs, and enhance asset operational efficiency and quality through this divestiture [4]. - Huida Sanitary, established in 1997 and listed in 2017, has been facing stock price volatility, with a recent decline of 1.31% to 6.76 yuan on September 5 [4].

Core Viewpoint - The company Huida Sanitary Ware (603385.SH) is divesting its loss-making assets through a drastic "amputation" strategy to mitigate financial losses and operational risks amid a challenging market environment [1][8]. Group 1: Asset Disposal Details - Huida Sanitary Ware plans to publicly transfer 100% equity and related debts of its subsidiary Guangxi Xingaosheng Thin Ceramic Co., Ltd. for a nominal price of 1 yuan, with debts being offered at a 53.6% discount [4][5]. - The equity of Guangxi Xingaosheng has a negative book value of -154 million yuan, with an assessed value of -63.08 million yuan, indicating a 59.08% increase in assessed value despite being negative [4][5]. - The total debt owed to Guangxi Xingaosheng amounts to 269 million yuan, with the public offering price set at 144 million yuan [4][5]. Group 2: Financial Performance and Market Context - Guangxi Xingaosheng has been experiencing continuous losses, reporting a net loss of 34.89 million yuan in 2024 and 29.31 million yuan in the first half of 2025, leading to a negative net asset situation [5][6]. - The ceramic industry is under pressure due to a downturn in the real estate market, with a reported 12.18% decrease in ceramic tile production in 2024 and a significant drop in production capacity utilization [7]. - Huida Sanitary Ware's revenue for the first half of 2025 was 1.425 billion yuan, a decline of 9.94% year-on-year, with net profit dropping by 70.21% to 17.97 million yuan [7][8]. Group 3: Strategic Implications - The divestiture is aimed at optimizing the company's industrial structure, reducing management costs, and improving asset operational efficiency [6][8]. - The company acknowledges the uncertainty surrounding the transaction, including potential buyers and the final sale price, indicating challenges in finding a willing buyer for the distressed assets [8].

Core Viewpoint - The long-established bathroom brand Huida Sanitary Ware (603385.SH) is opting for a "self-mutilation" strategy by divesting its loss-making assets due to continuous losses over its 43-year history [2][3]. Group 1: Asset Disposal Details - Huida Sanitary Ware announced plans to publicly transfer 100% equity and related debts of its subsidiary, Guangxi Xingaosheng Thin Ceramic Co., Ltd. (广西新高盛), which has been consistently losing money [2][3]. - The asset disposal involves selling the equity for 1 yuan and the debts at a 50% discount, raising significant market attention [3][5]. - Guangxi Xingaosheng reported a net loss of 29.31 million yuan for the first half of 2025, with a net asset value of -154 million yuan, and is currently in a state of suspension [3][6]. Group 2: Financial Performance and Market Context - The ceramic industry is under pressure due to a downturn in the real estate market, leading to intensified competition and reduced profit margins [7]. - In 2024, the national ceramic tile production decreased by 12.18%, with a capacity utilization rate of less than 50% [7]. - Huida Sanitary Ware's revenue for the first half of 2025 was 1.425 billion yuan, a year-on-year decline of 9.94%, and net profit dropped by 70.21% to 17.97 million yuan [7][8]. Group 3: Strategic Implications - The company aims to optimize its industrial structure and improve asset operation efficiency through this asset sale [7][8]. - The transaction's success is uncertain, with potential challenges in finding a buyer for the loss-making assets, especially given Guangxi Xingaosheng's debt and operational status [8].

Core Viewpoint - The long-established bathroom brand Huida Sanitary (603385.SH) is divesting its loss-making assets through a drastic "amputation" strategy due to continuous losses, particularly focusing on the disposal of its subsidiary Guangxi Xingaosheng [1][5][9] Group 1: Asset Disposal Details - Huida Sanitary plans to publicly transfer 100% equity and related debts of Guangxi Xingaosheng, which has been incurring losses, with a net loss of 29.31 million yuan in the first half of 2025 and a negative net asset of 154 million yuan [1][6] - The equity will be sold for a nominal price of 1 yuan, while the total debt of 269 million yuan will be offered at a discounted price of 144 million yuan, representing only 53.6% of the total debt [6][8] - The decision to sell these assets is closely linked to Guangxi Xingaosheng's poor financial performance, with a net profit of -34.89 million yuan in 2024 and a significant debt burden [6][8] Group 2: Industry Context - The ceramic industry is facing significant challenges due to a downturn in the real estate market, leading to intensified competition and reduced profit margins [8] - National ceramic tile production decreased by 12.18% in 2024, with a capacity utilization rate of less than 50% [8] - Huida Sanitary's revenue for the first half of 2025 was 1.425 billion yuan, down 9.94% year-on-year, with net profit plummeting by 70.21% to 17.97 million yuan [8][9] Group 3: Future Considerations - The company aims to optimize its industrial structure and resource allocation through this asset sale, focusing on its core business [7][9] - There are uncertainties regarding the completion of the transaction, including potential buyers and pricing, which could pose challenges for the company [9]

Core Viewpoint - Huidahome plans to transfer 100% equity and related debts of its subsidiary Guangxi Xingaosheng to reduce operational risks amid a challenging ceramics market [1][3] Group 1: Asset Transfer Details - Huidahome announced the transfer of Guangxi Xingaosheng's 100% equity at a base price of 1 yuan, with debts sold at nearly a 50% discount [1][2] - The total debt owed to Guangxi Xingaosheng amounts to 269 million yuan, with a listing price for the debts set at 144 million yuan [2] Group 2: Financial Performance - Guangxi Xingaosheng reported a net loss of 29.31 million yuan in the first half of 2025, with a negative net asset value of 154 million yuan [1][3] - Huidahome's revenue for the first half of 2025 was 1.425 billion yuan, a year-on-year decrease of 9.94%, and net profit dropped by 70.21% to 17.97 million yuan [3] Group 3: Market Context - The ceramics industry is under pressure due to a downturn in the real estate market, leading to liquidity issues for developers [3] - Huidahome's decision to divest is seen as a strategy to shed underperforming assets and mitigate operational risks [3]

Core Viewpoint - Huida Sanitary Ware has decided to divest its loss-making assets through a "self-amputation" strategy due to continuous losses, aiming to reduce operational risks and optimize its asset structure [2][5][7] Company Summary - Huida Sanitary Ware plans to publicly transfer 100% equity and related debts of its subsidiary, Guangxi Xingaosheng, for a nominal price of 1 yuan, with debts being offered at a significant discount [2][4] - Guangxi Xingaosheng has been in a state of continuous loss, reporting a net loss of 29.31 million yuan in the first half of 2025 and a negative net asset value of 154 million yuan [2][4][6] - The company aims to improve asset operation efficiency and quality through this divestment, which is seen as a necessary step in the current challenging market environment [5][7] Industry Summary - The ceramic industry is facing significant challenges due to a downturn in the real estate market, leading to increased competition and reduced profit margins [6][7] - National ceramic tile production decreased by 12.18% year-on-year in 2024, with production capacity utilization below 50% [6] - Huida Sanitary Ware's revenue fell by 9.94% year-on-year in the first half of 2025, with net profit dropping by 70.21%, largely due to the poor performance of its subsidiary [6][7]

Group 1: Company Announcements - Heng Rui Medicine has received the clinical trial approval notice for HRS-4729 injection, a self-developed peptide drug targeting GLP-1R, GIPR, and GCGR receptors, with no similar products approved in the market [1] - Hubei Yihua has successfully launched its 200,000 tons/year caustic soda project, aimed at upgrading its chlor-alkali chemical industry and enhancing market competitiveness [2] - Ji Min Health announced that its shareholder, Shuangge Group, plans to reduce its stake by up to 3%, equating to a maximum of 15.75 million shares [3] - China Shipbuilding intends to absorb and merge with China Shipbuilding Industry Corporation through a share exchange, with the latter's A-shares set to be delisted on September 5, 2025 [4] - Changfei Fiber reported that its shareholder, Changjiang Communication, plans to reduce its stake by up to 0.15%, totaling no more than 1.1 million shares [5] Group 2: Strategic Collaborations and Developments - Beijing Lier has signed a strategic cooperation agreement with SenseTime and Xiwang Technology to explore AI computing power collaboration and related applications [6] - Junsheng Electronics is collaborating with leading clients like Zhiyuan Robotics, having achieved bulk supply of customized main control boards and various sensors [7][8] - Guoxin Technology has successfully tested a new generation of high-performance chips for automotive electronic BLDC motor control, aimed at addressing the MCU chip shortage in the automotive sector [9] Group 3: Other Corporate Actions - Guoguang Chain's actual controller plans to reduce their stake by up to 2.99%, totaling a maximum of 12.506 million shares [10] - Zhonghuan Hailu has terminated its control change plan, with its stock set to resume trading on September 5, 2025 [11] - Various companies have reported significant project wins, including Ningbo Construction winning contracts worth 1.117 billion yuan [12]

Group 1 - The company Huida Sanitary Ware announced on the evening of September 4 that its seventh board of directors held the eighth meeting, which approved multiple proposals, including the proposal to convene the second extraordinary general meeting of shareholders in 2025 [2]