证券代码：603408 证券简称：建霖家居 公告编号：2025-021 厦门建霖健康家居股份有限公司 关于全资子公司对泰国建霖增资扩产的公告 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： 相关风险提示：因泰国政策、法律、商业环境与国内存在 较大差异，存在一定的经营风险和管理风险，因此投资事项进 展及效果能否达到预期存在不确定性。本次对外投资事项尚需 获得国内的境外投资主管机关的备案或审批，能否取得相关的 备案或审批以及最终取得备案或审批时间存在不确定性。敬请 投资者注意投资风险。 一、 对外投资概述 （一）对外投资基本情况 鉴于当前国际市场的变化和公司全球化战略的需要，为了应 对外部环境挑战，提升公司的国际竞争力，公司计划对建霖工业 （泰国）有限公司（以下简称"泰国建霖"）进行增资扩产，建 设第三期厂房，以扩大海外产能，项目投资总额为 31,880 万元 投资标的名称：泰国建霖三期扩产项目 投资金额：不超过 31,880 万元人民币 人民币。本次投资由泰国建霖各股东以自有资金按股权比例出资。 公司拟使用不超 ...

Core Viewpoint - The company plans to increase its investment in its subsidiary, Jianlin Industrial (Thailand) Co., Ltd., to expand overseas production capacity by constructing a third-phase factory with a total investment of 319 million yuan [1] Group 1 - The total investment for the project is 319 million yuan [1] - The investment will be contributed by the shareholders of Jianlin Thailand according to their equity ratios [1] - The company intends to invest no more than 43 million dollars to increase its wholly-owned subsidiary, Jianlin Singapore, for the purpose of funding the investment in Jianlin Thailand [1]

证券代码：603408 证券简称：建霖家居 公告编号：2025-020 厦门建霖健康家居股份有限公司 根据中国证监会《关于上市公司实施员工持股计划试点的指 导意见》及上海证券交易所《上海证券交易所上市公司自律监管 指引第 1 号——规范运作》的要求，现将本次员工持股计划的实 施进展情况公告如下： 公司于 2025 年 4 月 24 日，公司召开第三届董事会第十二次 会议，审议通过《关于 2024 年员工持股计划预留份额分配的议 案》等议案。根据本次员工持股计划预留份额实际认购情况及最 终缴款的审验结果，本次员工持股计划参与认购预留份额的员工 为 45 人，最终认购份额为 648.032 万份，缴纳认购资金总额为 648.032 万元，认购份额对应股份数量为 105.20 万股，股票来 源为公司回购专用证券账户回购的公司 A 股普通股股票。 2025 年 6 月 4 日，公司收到中国证券登记结算有限责任公 司出具的《过户登记确认书》，公司回购专用证券账户中所持有 的 105.20 万股公司股票已于 2025 年 6 月 3 日以非交易过户的方 式过户至公司 2024 年员工持股计划账户（证券账户号： B8867 ...

厦门建霖健康家居股份有限公司 持股 5%以上股东减持股份结果公告 本公司董事会、全体董事及相关股东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： 近日，公司收到 ALPHA LAND 出具的《关于减持厦门建霖健康家居股份 有限公司股票结果的通知函》，ALPHA LAND 自 2025 年 2 月 28 日至 2025 年 5 月 27 日通过上海证券交易所交易系统以集中竞价方式累计减持公 司股份 1,690,000 股，占公司总股本的比例为 0.38%。 | 股东名称 | ALPHA LAND | | | | --- | --- | --- | --- | | 股东身份 | 控股股东、实控人及一致行动人 | □是 | √否 | | | 直接持股 5%以上股东 | √是 | □否 | | | 董事、监事和高级管理人员 | □是 | √否 | | | 其他：不适用 | | | 一、减持主体减持前基本情况 证券代码：603408 证券简称：建霖家居 公告编号：2025-019 (一)大股东及董监高因以下事项披露减持计划实施结果： 披露的减 ...

Investment Rating - The report maintains a "Positive" investment rating for the light industry manufacturing sector, indicating an expectation of performance that exceeds the market benchmark by more than 5% [2]. Core Insights - The home furnishing sector is experiencing marginal recovery, with a high dividend payout ratio. In 2024, the home goods sector is projected to generate revenue of CNY 246.58 billion, a year-on-year increase of 2.3%, while net profit attributable to shareholders is expected to decline by 13.6% to CNY 15.86 billion [4][14]. - The report highlights that domestic demand for home goods is under pressure, but government subsidies are expected to fill the demand gap. The sales of building materials and home goods are projected to decline by 3.9% year-on-year in 2024, but there are signs of improvement in early 2025 [5][26]. - The external sales performance is strong, with furniture exports showing a recovery since November 2023, driven by overseas retailers replenishing inventory. However, the report emphasizes the need to monitor changes in tariff policies, particularly from the U.S. [6][40]. Summary by Sections 1. Home Furnishing Sector 2024 Annual Report & Q1 2025 - The home goods sector is under operational pressure, with only Q1 showing growth due to a low base effect from previous public health events. The profit margin has been declining, reflecting increased competition [4][14]. - In Q1 2025, the sector's revenue increased by 3.9% year-on-year, and net profit rose by 10.6%, indicating a recovery trend [4][14]. 2. Domestic Sales - The report notes that the domestic home goods market is facing challenges, with a projected decline in sales. However, the introduction of government subsidies is expected to stimulate demand, particularly in key cities [5][34]. - The dividend payout ratio for leading companies in the sector has increased, with many companies offering dividend yields exceeding 3% [5][35]. 3. External Sales - The report indicates that external sales have been performing well, with all key export companies reporting revenue growth in Q1 2025. The recovery in exports is attributed to overseas retailers restocking [6][40]. - The report warns of uncertainties related to U.S. tariff policies, which could impact future export orders [6][40]. 4. Investment Recommendations - The report suggests focusing on leading companies with high dividend yields and strong market positions, such as Gujia Home, Sophia, and Zhibang Home, as they are expected to benefit from government subsidies and have resilient performance [5][39].

股东大会法律意见书 北京海润天睿律师事务所 关于厦门建霖健康家居股份有限公司 2024 年年度股东大会的法律意见书 中国·北京 朝阳区建外大街甲 14 号广播大厦 5/9/10/13/17 层 二〇二五年五月 股东大会法律意见书 北京海润天睿律师事务所 关于厦门建霖健康家居股份有限公司 2024 年年度股东大会的法律意见书 致：厦门建霖健康家居股份有限公司 北京海润天睿律师事务所（以下简称"本所"）接受厦门建霖健康家居股份 有限公司（以下简称"公司"）的委托，指派律师杜羽田、张阳出席公司 2024 年 年度股东大会并对本次股东大会进行律师见证。 对本法律意见书的出具，本所律师特作如下声明： 1、本所律师仅就本次会议的召集、召开程序、出席本次股东大会的人员资 格、召集人资格、本次股东大会的表决方式、表决程序及表决结果发表意见，不 对本次会议所审议的议案内容及该等议案所表述的事实或数据的真实性、准确性 和完整性发表意见。 股东大会法律意见书 本所律师依据《中华人民共和国公司法》（以下简称《公司法》）、《上市 公司股东会规则》（以下简称《股东会规则》）、《上海证券交易所上市公司自 律监管指引第 1 号——规范运作》 ...

证券代码：603408 证券简称：建霖家居 公告编号：2025-018 厦门建霖健康家居股份有限公司 2024年年度股东大会决议公告 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)股东大会召开的时间：2025 年 5 月 15 日 (二)股东大会召开的地点：厦门市集美区天凤路 69 号办公楼会议室 (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 | 171 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 340,153,709 | | 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（%） | 76.1787 | (四)表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次大会由公司董事会召集，会议以现场投票和网络投票相结合的方式进行 表决，由董事长陈岱桦先生主持。会议召集、召开及表决方式符合《公司法》和 《公司章程》等有 ...

Investment Rating - The investment rating for the company is "Accumulate" [7] Core Views - The company reported a stable performance with a revenue of 5.007 billion yuan in 2024, representing a year-on-year increase of 15.53%, and a net profit attributable to shareholders of 482 million yuan, up 13.44% year-on-year [1][5] - The company is a leading exporter in the kitchen and bathroom manufacturing sector, with a strong overseas production capacity and delivery capabilities, maintaining solid profit margins [4][5] Financial Performance Summary - In 2024, the revenue from kitchen and bathroom products was 3.197 billion yuan, an increase of 11.4% year-on-year, while the revenue from water purification products reached 738 million yuan, up 18.4% year-on-year [2] - The overall gross margin for 2024 was 25.96%, with a net profit margin of 9.63% [3] - The company plans to maintain high dividends, distributing a total of 326 million yuan in cash dividends in 2024, with a payout ratio of 67.6% [4] Long-term Outlook - The company is accelerating its overseas production layout, particularly in Thailand and Mexico, to mitigate the impact of tariffs and enhance market penetration [4] - Revenue projections for 2025 to 2027 are estimated at 5.362 billion yuan, 5.780 billion yuan, and 6.182 billion yuan, respectively, with corresponding net profits of 509 million yuan, 586 million yuan, and 645 million yuan [5][11]

Investment Rating - The report indicates a positive outlook for the home furnishing sector, driven by domestic consumption stimulus and the gradual recovery of retail channels [1]. Core Insights - The report highlights that the domestic consumption stimulus is beginning to show effects, with a notable recovery in retail channels, while export conditions are experiencing marginal declines [1][3]. - The performance of leading companies in the home furnishing sector is improving, particularly in the context of national subsidies and strategic adjustments [1][3]. Summary by Sections 1. Home Furnishing - Domestic sales show signs of recovery with a year-on-year revenue change of -12.44% in Q4 2024 and +1.75% in Q1 2025, while net profit for the same periods changed from -54.11% to +7.07% [13]. - Export performance for the furniture sector saw a cumulative year-on-year increase of +5.8% for 2024 but a decline of -8.0% in Q1 2025, indicating a downward trend in export conditions [13]. - The report anticipates that the domestic market will continue to recover in the short term due to national subsidy policies, while the export market may face ongoing pressures [13]. 1.1 Domestic - Custom Home Furnishing - Retail channels are showing marginal improvements, while bulk channels remain under pressure, with leading companies like Oppein and Sophia experiencing reduced revenue declines in Q1 2025 compared to previous quarters [20]. - The profitability of leading companies is improving, with a focus on cost control and product development, while second and third-tier brands may struggle to maintain performance [26]. - Prepayment and cash flow indicators show improvements for some leading companies, suggesting a gradual recovery in demand [38]. 1.2 Domestic - Soft Home Furnishing - The soft home furnishing sector is under pressure due to real estate downturns and changing consumer spending patterns, but companies like Kuka and Mengbaihe are showing signs of recovery [39]. - Profit margins are improving in Q1 2025 compared to 2024, with notable changes in gross and net profit margins across leading companies [44]. - Prepayment figures for soft home furnishing companies are showing positive growth, indicating a recovery in domestic demand [46]. 1.3 Export Home Furnishing - The overall export climate is declining, with a significant drop in cumulative export value in Q1 2025, reflecting challenges in the international market [51][53]. - Despite the overall decline, leading companies are still managing to perform well, showcasing resilience and strategic advantages [51].

Group 1 - Xiamen Jianlin Health Home Co., Ltd. has obtained a patent for a "nut structure and water inlet valve," with the authorization announcement number CN222811056U, applied on July 2024 [1] - The patent describes a nut structure that includes an upper body with a conical surface and a lower body with connecting pieces, allowing for quick installation and torque limitation to prevent damage [1] - The design enables the upper body to drive the lower body in synchronization and facilitates quick locking without excessive torque that could lead to damage [1] Group 2 - Xiamen Jianlin Health Home Co., Ltd. was established in 1990 and is primarily engaged in the manufacturing of electrical machinery and equipment [2] - The company has a registered capital of 447.573 million RMB and has made investments in 8 enterprises [2] - The company has participated in 63 bidding projects and holds 2,806 patent records along with 281 trademark records [2]