New Stock Issuance - New stock issuance for Aomeisen (证券代码: 920080) is priced at 8.25 RMB per share[1] - The last trading day for Zitian (证券代码: 300280) is in 9 trading days[1] - Zhonghuan Hailu (证券代码: 301040) and Jishi Media (证券代码: 601929) have recent announcements regarding their stock status[1] Market Alerts - Significant abnormal fluctuations reported for Xian Dao Intelligent (证券代码: 300450) and Hangke Technology (证券代码: 688006)[2] - ST Green Kang (证券代码: 002868) and ST Gao Hong (证券代码: 000851) are under scrutiny due to recent trading activities[1] - ST Xin Tong (证券代码: 600289) and ST Ya Zhen (证券代码: 603389) have also been flagged for unusual market behavior[1] Trading Insights - The report includes links to detailed announcements for various stocks, indicating ongoing market monitoring and regulatory compliance[1] - The document highlights the importance of tracking stock performance and regulatory updates for informed investment decisions[1]

公司发布的半年报数据显示，上半年公司共实现营业收入1.06亿元，同比增长3.34%，实现净利 润-3309.39万元，同比下降17.82%，基本每股收益为-0.1300元。（数据宝）注：本文系新闻报道，不构 成投资建议，股市有风险，投资需谨慎。 （原标题：*ST亚振涨4.99%，股价创历史新高） *ST亚振股价创出历史新高，截至9:37，该股上涨4.99%，股价报31.77元，成交量187.06万股，成交金 额5934.25万元，换手率0.71%，该股最新A股总市值达83.48亿元，该股A股流通市值83.48亿元。 证券时报•数据宝统计显示，*ST亚振所属的轻工制造行业，目前整体跌幅为0.26%，行业内，目前股价 上涨的有56只，涨幅居前的有梦天家居、玉马科技、海顺新材等，涨幅分别为9.99%、8.09%、7.44%。 股价下跌的有98只，跌幅居前的有青山纸业、美克家居、乐歌股份等，跌幅分别为10.07%、6.17%、 3.46%。 ...

每经AI快讯，9月22日，*ST亚振涨停走出3连板，3天累计涨幅达15.74%。 （文章来源：每日经济新闻） ...

证券代码：603389 证券简称：*ST 亚振 公告编号：2025-091 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： 亚振家居股份有限公司（以下简称"公司"）股票于 2025 年 9 月 17 日、 18 日、19 日连续三个交易日内日收盘价格涨幅偏离值累计达到 12%，属于股票 交易异常波动。 生产经营风险。公司 2025 年半年度归属于上市公司股东的净利润为 -3,309.39 万元，归属于上市公司股东的扣除非经常性损益的净利润为-3,121.59 万元，实现营业收入 10,599.05 万元（未审计）。公司股票已于 2025 年 5 月 6 日 起被实施退市风险警示。若公司 2025 年度经审计的扣除非经常性损益后的净利 润为负值，且扣除与主营业务无关的业务收入和不具备商业实质的收入后的营业 收入低于 3 亿元，公司股票将面临终止上市风险。 子公司收入不确定性风险。公司与子公司广西锆业科技有限公司（以下 简称"广西锆业"）在现有业务类型、经营模式、管理制度、企业文化、财务管 理等诸多方面需要相互进行 ...

Market Overview - The home goods sector increased by 0.73% on September 19, with Yuma Technology leading the gains [1] - The Shanghai Composite Index closed at 3820.09, down 0.3%, while the Shenzhen Component Index closed at 13070.86, down 0.04% [1] Top Performers - Yuma Technology (300993) closed at 20.26, up 20.02% with a trading volume of 374,600 shares and a transaction value of 713 million [1] - Hangu Group (001221) closed at 61.28, up 10.00% with a trading volume of 107,300 shares and a transaction value of 628 million [1] - Zhiou Technology (301376) closed at 21.69, up 9.27% with a trading volume of 107,700 shares and a transaction value of 225 million [1] Underperformers - Meike Home (600337) closed at 2.43, down 10.00% with a trading volume of 2,232,500 shares and a transaction value of 572 million [2] - Del Future (002631) closed at 4.99, down 6.38% with a trading volume of 842,200 shares and a transaction value of 427 million [2] - Meizhi Gao (834765) closed at 23.90, down 4.97% with a trading volume of 36,600 shares and a transaction value of 87.72 million [2] Capital Flow - The home goods sector saw a net inflow of 79.993 million from institutional investors, while retail investors experienced a net outflow of 114 million [2] - The top three stocks with significant net inflows from institutional investors include Yuma Technology (93.0624 million), Hangu Group (72.2653 million), and Lege Co. (65.6024 million) [3] Summary of Individual Stocks - Yuma Technology had a net inflow of 93.0624 million from institutional investors, but a net outflow of 36.9623 million from retail investors [3] - Hangu Group experienced a net inflow of 72.2653 million from institutional investors, with a net outflow of 34.3906 million from retail investors [3] - Lege Co. had a net inflow of 65.6024 million from institutional investors, but a significant net outflow of 58.6817 million from retail investors [3]

Group 1 - The core viewpoint of the news is that *ST Yazhen (sh603389) reached its daily limit with a price of 28.82 yuan, reflecting a 4.96% increase and a total market capitalization of 7.948 billion yuan [1] - The stock's surge is attributed to several factors, including the company's established brand in the mid-to-high-end Haipai furniture market, which has a certain customer base despite fierce competition [2] - The acquisition of a 51% stake in Guangxi Zirconium Industry by the company expands its business into the zircon-titanium mining sector, which is expected to provide new profit growth opportunities [2] - The recent inflow of funds into the non-ferrous metals sector has positively impacted related stocks, including *ST Yazhen, aligning with market trends [2] - Technical indicators such as the MACD forming a golden cross and a bullish short-term moving average suggest a potential upward trend for the stock [2] Group 2 - The total trading volume for *ST Yazhen on the day of the price surge was 68.426 million yuan, indicating significant market activity [1] - The stock's performance is part of a broader trend in the non-ferrous metals sector, which has seen increased investor interest and activity [2]

Core Viewpoint - The home improvement and building materials sector experienced a decline, with a closing index of 15081.83 points, reflecting a drop of 1.49% [1] Group 1: Stock Performance - I乐家居 closed at 8.40 yuan per share, down 4.98%, leading the decline in the sector [1] - 梦百合 closed at 8.56 yuan per share, down 4.36%, ranking second in the decline [1] - 喜临门 closed at 18.34 yuan per share, down 4.28%, ranking third in the decline [1] - 美克家居 closed at 2.70 yuan per share, up 10.20%, leading the gains in the sector [1] - 公元股份 closed at 4.64 yuan per share, up 9.95%, ranking second in the gains [1] - *ST亚振 closed at 28.82 yuan per share, up 4.99%, ranking third in the gains [1] Group 2: Market Insights - According to a report from 中信证券, the national subsidy for home improvement has shown some effectiveness, with noticeable improvements in demand in cities or regions with greater policy flexibility [1] - The current demand release is primarily driven by essential needs, and the recovery of renovation demand and the end of consumption downgrade in the home improvement industry are expected to rely on further policy enhancements [1]

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 trade-in subsidies 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 - A total of 17 listed home furnishing companies reported combined revenue of 43.433 billion yuan, a slight increase of 6.1% year-on-year - Gujia Home ranked first with revenue of 9.801 billion yuan, 1.83 times that of the second-ranked Henglin Shares [1] Cost Control - The operating costs of home furnishing companies generally increased, with over half of the companies experiencing a growth rate in costs higher than revenue growth - Gujia Home had the highest operating cost at 6.577 billion yuan, while Henglin Shares had an operating cost ratio of 82.1% [1] Expense Efficiency - Only Meike Home and *ST Yazhen reduced sales, management, and R&D expenses year-on-year - *ST Yazhen had the highest management expense ratio at approximately 22.2% among the 17 companies [1] R&D Investment - R&D expense ratios for home furnishing companies remained between 2% and 5% - Qisheng Technology and Xiangxin Home led with R&D expense ratios of 5.3% and 5.2% respectively [1] Profitability - Gujia Home reported a net profit of approximately 1.021 billion yuan, a year-on-year increase of 13.9%, surpassing the combined net profit of the second and third-ranked companies by over 76 million yuan [1] Profit Quality - Meike Home, Yongyi Shares, and Zhongyuan Home reported positive cash flow from operating activities, while nearly 60% of companies saw a year-on-year decrease in cash flow [1] - *ST Yazhen had the highest accounts receivable turnover days at approximately 127 days [1]

Meeting Overview - The shareholders' meeting was held on September 12, 2025, at the company's museum in Jiangsu Province [1] - The meeting was chaired by the company's chairman, Mr. Fan Weihua, and utilized both on-site and online voting methods [1] - Attendance included 4 out of 5 current directors and all 3 current supervisors, while the board secretary and one director were absent due to scheduling conflicts [1] Resolutions Passed - The following resolutions were approved during the meeting: 1. Cancellation of the supervisory board and amendments to the Articles of Association and related systems [1] 2. Revision of the Related Party Transaction Management Measures [1] 3. Revision of the Independent Director Work System [1] 4. Appointment of the accounting firm for the year 2025 [2] 5. Related party transaction involving the subsidiary Guangxi Zirconium Technology Co., Ltd. [2] Voting Details - The first resolution required a special resolution, passing with over two-thirds of the valid voting rights [2] - The fifth resolution involved a related party transaction, with Mr. Wu Tao and Mr. Fan Weihua abstaining from the vote due to their control over the related entity [2] - Voting for resolutions 1 to 5 was conducted separately for shareholders holding less than 5% of the company's shares [2] Legal Verification - The meeting was witnessed by Guohao Law Firm, confirming that the procedures followed were in compliance with laws, regulations, and the company's Articles of Association [2]

华泰联合证券有限责任公司 关于 吴涛 要约收购 亚振家居股份有限公司 之 2025 年半年度持续督导意见 财务顾问 二〇二五年九月 声 明 根据《上市公司收购管理办法》等法律法规的要求，华泰联合证券有限责任 公司作为吴涛要约收购亚振家居股份有限公司的财务顾问，按照证券行业公认的 业务标准、道德规范，本着诚实信用、勤勉尽责的态度，结合亚振家居股份有限 公司 2025 年半年度报告，经过审慎核查，出具了本持续督导意见。 本财务顾问对本次收购所出具持续督导意见的依据是收购各方提供的资料。 各方对其所提供的所有资料真实性、准确性、完整性和及时性负责，保证资料无 虚假记载、误导性陈述和重大遗漏，并对所提供资料的合法性、真实性和完整性 承担个别和连带法律责任。 本持续督导意见不构成对亚振家居股份有限公司的任何投资建议，投资者根 据本持续督导意见所做出的任何投资决策而产生的相应风险，本财务顾问不承担 任何责任。 本财务顾问未委托或授权其他任何机构或个人提供未在本持续督导意见中 列载的信息和对本持续督导意见做任何解释或者说明。 2 释 义 除非另有说明，以下简称在本持续督导意见中的含义如下： | 本持续督导意见 | 指 | ...