（来源：湖州日报） 转自：湖州日报 对于像王凡这样身处异国的管理者而言，这不仅是一份信息简报，也是潜在风险的提前预警以及把握机 遇的参考依据。安吉县出入境管理大队教导员周剑说，这些资讯并非广而告之，而是通过家乡各派出 所、社区民警，点对点发送至转椅企业海外负责人。这份来自家乡的精准守护，让海外打拼少了后顾之 忧，多了几分底气与安心。 安吉县立即启动"椅路平安"应急响应机制，开设专窗、专人指导、极速流转。在省市公安机关协同支持 下，15本护照的受理、审批、制证流程被压缩到极限，最终确保了整个技术团队如期登机。"这已不是 第一次享受'定制服务'了，他们真把我们的事当成自己的事在办。"胡女士感慨道。 安吉是"中国椅业之乡"，产品远销海外，近年来，越来越多转椅企业赴境外投资设厂。面对企业出海进 程中应急响应慢、风险防范弱、跨域协同难等痛点，去年10月，安吉县创新实施"椅路平安"为企服务专 项行动，构建"全链条响应、全域化防控、跨区域协同"的护航体系。 行动中，安吉设立专项服务企业的公安集成窗口，将涉及出入境、人才引进、法律咨询等14项跨警种业 务纳入"一窗通办、集成服务"。同时，为196家重点出海企业建立"便利化白名 ...

Core Insights - Anji's green home furnishings industry has been recognized twice by national authorities, indicating its significant role in China's manufacturing landscape and its contribution to high-quality industrial development [1][3] Group 1: Industry Recognition - Anji Chair Industry has been included in the "2025 China Influential Industry Brand" and the Ministry of Industry and Information Technology's list of "2025 China Consumer Brands," highlighting its national importance [1] - The recognition reflects Anji's commitment to high-quality manufacturing and its role in promoting industrial strength in the region [1] Group 2: Industry Growth and Innovation - Anji's green home furnishings sector, along with health, equipment manufacturing, electronic information, and new materials, is experiencing robust growth, with a reported output value of 355.8 billion yuan in the first eleven months of 2025 [3][5] - Yongyi Co., a pioneer in technological innovation within the industry, has achieved significant sales, with the Flow550 series alone generating over 200 million yuan in revenue from 80,000 units sold in 2025 [3] Group 3: Emerging Industries - The bamboo industry in Anji is revitalizing with innovative products like lightweight, high-strength bamboo composite boards, which are expected to have a daily production capacity of 10,000 sheets upon full operation [5] - New industries are becoming key pillars of growth, with the equipment manufacturing and electronic information sectors seeing value increases of 40.5% and 42% year-on-year, respectively [6] Group 4: Talent and Collaboration - The influx of young tech talent is fostering innovation, with startups focusing on robotics and AI applications establishing operations in Anji [8] - The establishment of specialized parks and services for health and biotechnology industries has led to the creation of over 70 related projects, achieving an output value of 76.2 billion yuan in 2025 [6] Group 5: Industrial Synergy - The collaboration between industries is enhancing productivity, as seen with the integration of local suppliers for new manufacturing projects, which improves quality control and efficiency [9] - The establishment of a precision medical industry park has attracted nearly 20 upstream and downstream enterprises, with over 50% achieving industrialization [11]

Core Viewpoint - Yongyi Co., Ltd. has successfully passed the re-certification as a high-tech enterprise, following the expiration of its previous certificate [2] Group 1 - The announcement was made on January 9, indicating the company's compliance with the requirements set by the National High-tech Enterprise Recognition Management Work Leading Group Office [2] - The re-certification is part of the company's ongoing commitment to maintaining its status as a high-tech enterprise, which is crucial for its competitive positioning in the market [2]

本次系公司原高新技术企业证书有效期满后进行的重新认定。根据《中华人民共和国企业所得税法》等 有关规定，公司自通过高新技术企业认定起连续三年(2025年、2026年、2027年)可享受国家关于高新技 术企业的相关优惠政策，即按 15%的税率缴纳企业所得税。 格隆汇1月9日丨永艺股份(603600.SH)公布，公司于近日从全国高新技术企业认定管理工作领导小组办 公室发布的《对浙江省认定机构2025 年认定报备高新技术企业进行备案的公告》获悉，公司通过了高 新技术企业认定，证书编号为GR202533007083，发证日期为2025年12月19日。 ...

永艺家具股份有限公司 关于公司通过高新技术企业重新认定的公告 证券代码：603600 股票简称：永艺股份 公告编号：2026-001 永艺家具股份有限公司（以下简称"公司"）于近日从全国高新技术企业认 定管理工作领导小组办公室发布的《对浙江省认定机构 2025 年认定报备高新技 术企业进行备案的公告》获悉，公司通过了高新技术企业认定，证书编号为 GR202533007083，发证日期为 2025 年 12 月 19 日。 本次系公司原高新技术企业证书有效期满后进行的重新认定。根据《中华 人民共和国企业所得税法》等有关规定，公司自通过高新技术企业认定起连续三 年（2025 年、2026 年、2027 年）可享受国家关于高新技术企业的相关优惠政策， 即按 15%的税率缴纳企业所得税。 特此公告。 永艺家具股份有限公司董事会 2026 年 1 月 10 日 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个别及连带责任。 ...

Investment Rating - The report maintains a positive outlook on the paper and light industry sectors, highlighting high dividend safety margin assets and companies with strong growth potential [1][2]. Core Insights - The report emphasizes the importance of focusing on high dividend safety margin assets in the packaging and home furnishing sectors, benefiting from the appreciation of the RMB and the expected decrease in paper procurement costs [2][4]. - It identifies key companies in the packaging sector such as Yongxin Co., Yutong Technology, Huawang Technology, and Meiyingsen, as well as home furnishing leaders like Kuka Home, Mousse, Oppein, and Sophia [2][4]. - The paper industry is expected to benefit from rising wood pulp prices and seasonal demand, with companies like Sun Paper, Nine Dragons Paper, and Bohui Paper being highlighted for their potential [2][4]. - The report also discusses the export sector, noting the impact of RMB appreciation and the importance of supply chain and brand expansion for companies like Jiangxin Home, Yongyi Co., Jiayi Co., and Zhongxin Co. [2][4]. Summary by Sections Packaging Sector - The packaging industry is characterized by a mature competitive landscape, with leading companies reducing capital expenditures and demonstrating advantages in overseas markets [5][6]. - Yongxin Co. is noted for its stable high dividend policy and strong performance in soft packaging and film business, with a dividend rate of 84% to 81% from 2020 to 2024 [5]. - Yutong Technology has expanded its global supply chain, enhancing its operational efficiency and increasing its dividend rate to 70% by 2025 [6]. - Huawang Technology is positioned well in the decorative paper market, with expectations of improved profitability due to limited new supply and rising demand [7]. - Meiyingsen is recognized for its strategic overseas expansion and high dividend yield, with a focus on emerging markets [8]. Home Furnishing Sector - The home furnishing industry is experiencing accelerated consolidation, with a positive outlook driven by supportive real estate policies and improving consumer confidence [9][10]. - Companies like Kuka Home and Sophia are expected to benefit from the increasing demand for home renovation and the implementation of "old-for-new" policies [10][23]. - The report highlights the importance of retail capabilities and supply chain improvements for companies to enhance their market share and profitability [23][24]. Paper Industry - The paper industry is anticipated to see a recovery in demand and pricing, supported by strong control over production by overseas pulp mills [11][13]. - Companies such as Sun Paper and Nine Dragons Paper are expected to benefit from the stabilization of pulp prices and improved supply-demand dynamics [11][13]. - The report notes that the industry has been at a low point for several years, but a mid-term recovery is expected as demand gradually increases [11][13]. Export Sector - The export sector is influenced by the global economic environment, with a focus on companies that are expanding their international presence and brand recognition [14][15]. - Jiangxin Home is noted for its innovative product offerings and strong growth in customer numbers, while Yongyi Co. is positioned to capitalize on the growing demand for ergonomic chairs [15][16]. - Jiayi Co. is recognized for its strategic expansion in the insulated cup market, while Zhongxin Co. is highlighted for its growth potential in the pulp molding sector [16][17]. Pet Products Sector - The pet products sector is experiencing robust growth, with companies like Yiyi Co. and Yuanfei Pet benefiting from strong export performance and brand development [18]. - Yiyi Co. is expected to see significant revenue growth due to its acquisition strategy and strong sales performance [18]. - Yuanfei Pet is noted for its rapid growth in the domestic market and expansion of its product offerings [18]. Light Industry Sector - The report emphasizes the importance of monitoring changes in the light industry, with companies like Anfu Technology and Jianlin Home focusing on strategic acquisitions and technological advancements [19][20]. - Anfu Technology is expected to enhance its profitability through increased ownership in Nanfeng Battery and expansion into new business areas [19]. - Jianlin Home is transitioning towards smart robotics, leveraging its existing technology and market position [20].

Investment Rating - The report maintains a positive outlook on the paper and light industry sectors, highlighting high dividend yield assets and companies with strong growth potential [1][2]. Core Insights - The report emphasizes the importance of focusing on high dividend yield assets in stable industry segments, particularly in packaging and home furnishing sectors [5][10]. - The appreciation of the RMB is expected to lower procurement costs in the paper industry, with price increases in wood pulp and seasonal demand supporting paper prices [2][12]. - The report identifies key companies for investment, including packaging leaders like Yongxin Co., Yutong Technology, and home furnishing brands such as Kuka Home and Mousse [2][10]. Summary by Sections 1. Weekly Insights - Short-term focus on high dividend yield assets in stable packaging companies and leading home furnishing brands [5][6]. - Anticipated benefits from RMB appreciation leading to lower procurement costs in the paper industry [5][12]. - Recommendations for companies with strong export capabilities and potential for brand development [5][15]. 2. Industry Perspectives Packaging - The packaging industry is stabilizing, with leading companies reducing capital expenditures and maintaining high dividend payouts [6][7]. - Yongxin Co. is noted for its strong position in soft packaging and high dividend rates [6]. - Yutong Technology benefits from global supply chain advantages and is expected to increase its dividend payout [7]. Home Furnishing - The home furnishing sector is expected to see valuation recovery driven by supportive real estate policies and improving consumer confidence [10][11]. - Companies like Kuka Home and Mousse are highlighted for their strong market positions and potential for growth [10][11]. Paper Industry - The paper industry is entering a recovery phase with stabilizing prices and improved demand dynamics [12][14]. - Companies such as Sun Paper and Nine Dragons Paper are positioned to benefit from these trends [12][14]. Export Sector - The report highlights the importance of global supply chain strategies and brand development for companies in the export sector [15][16]. - Companies like Jiangxin Home and Yongyi Co. are noted for their strong export capabilities and market positioning [15][16]. Pet Products - The pet products sector is experiencing growth with strong domestic brands and international expansion [19]. - Companies like Yiyi Co. and Yuanfei Pet are recommended for their robust growth potential [19]. Light Industry - The report discusses the strategic changes in light industry companies, focusing on mergers and acquisitions to enhance growth [20]. - Companies like Anfu Technology and Jianlin Home are noted for their innovative approaches and market positioning [20][21].

Investment Rating - The report maintains a "Buy" rating for the company [8][10]. Core Views - The company is expected to benefit from improving external demand and a recovery in the ergonomic chair market driven by self-care consumption trends. The report highlights the potential for the company's export business to enter a new phase, supported by its global production layout and the introduction of new products [6][9][11]. Summary by Sections Industry Overview - The demand for furniture in the U.S. is expected to improve due to reduced tariff disruptions and a declining interest rate environment, which is anticipated to boost housing sales and, consequently, furniture demand. The U.S. is the largest consumer of office chairs globally, with China and Vietnam being the main producers [22][29][35]. Company Performance - The company is projected to face challenges in 2025 due to tariff impacts but is expected to see growth in 2026. Revenue for 2024 is estimated at 47.49 billion yuan, with a year-on-year growth of 34.2%. The net profit for 2024 is expected to be 296 million yuan, a slight decline of 0.6% year-on-year [7][58]. - For the first three quarters of 2025, the company reported revenue of 34.83 billion yuan, a year-on-year increase of 2.8%, while net profit was 191 million yuan, down 14.8% year-on-year [58][61]. Growth Drivers - The company is expanding its overseas production capabilities in Vietnam and Romania, which enhances its supply chain advantages. The report emphasizes the importance of these locations in the context of U.S. tariff policies [64][71]. - The company is actively broadening its customer base and product categories, successfully entering new markets and channels, including partnerships with major retailers like Costco and Sam's [75][78]. Market Potential - The ergonomic chair market in China is projected to reach 22 billion yuan in 2025, with a year-on-year growth of 22.1%. The report notes that the perception of ergonomic chairs is evolving from mere tools to symbols of quality living, indicating a significant market opportunity [9][11][22]. Financial Projections - The company’s net profit is forecasted to be 295 million yuan in 2025, with subsequent increases to 401 million yuan in 2026 and 495 million yuan in 2027. The report adjusts the profit estimates slightly upward for 2026 and 2027 based on expected improvements in both export and domestic sales [10][11][58].

正值《中华人民共和国招标投标法》颁布施行25周年之际，为进一步规范家具招标采购秩序，树立诚信 标杆典范，引导行业健康持续发展，中国采购与招标网、中国名企排行网组织开展了"2025(第15届)家 具招标采购评价推介活动"。该活动历时2个多月，历经企业申报、资料提交、数据核对、综合评审等阶 段，依据家具招标投标大数据及科学合理的招标采购综合评价法，遴选出"2025家具供应商综合实力百 强"。 | 61 | 安徽省汉晋家具制造有限公司 | | --- | --- | | 62 | 北京体委感染家具有限公司 | | 63 | 重庆民意家具制造有限公司 | | 64 | 广州博生家具有限公司 | | 65 | 中山市美盆家具有限公司 | | 66 | 上海楚尚家具有限公司 | | 67 | 广东华展家具制造有限公司 | | 68 | 河北富都华创家具制造有限公司 | | ea | 广州市万开家具制造有限公司 | | 70 | 中山四海家具制造有限公司 | | 71 | 武汉美高实业有限公司 | | 72 | 上海江丰家具集团有限公司 | | 73 | 广州市力威办公家具有限公司 | | 74 | 重庆聚知宝科技有限公司 ...

Investment Rating - The industry investment rating is maintained at "Overweight" [4][101]. Core Insights - The report highlights the opening of Li Ning's first outdoor store, indicating a strategic shift towards the light outdoor mass market, focusing on hiking, urban commuting, and suburban camping [6]. - The export chain is showing signs of recovery, particularly for companies like Henglin and Yongyi, with a notable increase in non-wood furniture exports to the U.S. from Vietnam [6]. - The report suggests that the upcoming Olympic cycle and improved management and inventory at Li Ning could lead to a positive turning point for the company [6]. Summary by Relevant Sections Market Performance - The light industry manufacturing index increased by 1.86%, ranking 6th among 28 industries, while the textile and apparel index decreased by 1.6%, ranking 24th [11]. - Sub-sectors within light industry manufacturing showed varied performance, with packaging printing up by 3.96% and home goods up by 0.5% [11]. Export Chain - The report emphasizes the recovery of U.S. orders post-tariff adjustments, predicting a boost in durable goods exports due to stable tariff policies and low downstream inventory levels [6]. - Companies like Henglin and Yongyi are recommended for their low valuations and potential for revenue recovery [6]. Brand Apparel - Li Ning's new outdoor store is seen as a significant step in brand image enhancement, with expectations for improved profitability in the second half of the year [6]. - Other recommended companies include Anta Sports, 361 Degrees, and Bosideng, focusing on functional footwear and apparel [6]. Manufacturing and Supply Chain - The report discusses the potential for investment opportunities in the outbound manufacturing sector, particularly in non-woven fabric and packaging industries [7]. - It highlights the need for attention on companies like Yanjing and Meiyingsen, which are positioned well for overseas expansion [7]. Textile Manufacturing - The report notes a shift in the caprolactam industry towards reducing over-competition, with a recommendation for Taihua New Materials [7]. - Companies like Crystal International and Huayi Group are highlighted for their potential growth due to improved customer structures and production capacity [7]. Home Furnishings - Recommendations include low-valuation leaders in the soft furniture sector such as Xilinmen and Kuka Home, as well as custom furniture companies like Sophia and Oppein [7]. Pet Products - The report suggests monitoring Yuanfei Pet for its growth potential in both OEM and OBM segments, particularly in Southeast Asia [7].