Core Insights - The pursuit of quality sleep is driving the sleep technology industry into a new phase, but the smart sleep sector faces challenges such as basic data monitoring without significant health improvement and complex functionalities that do not cater to diverse family needs [1][3] - On October 19, 2023, Shufude Smart Bed held its 20th anniversary celebration and launched the S500 global product, marking a new era in smart sleep with the introduction of the world's first shipborne sleep intelligence system [1][3] Industry Overview - Over 300 million people in China are affected by sleep issues, highlighting the need for effective sleep solutions [1] - Shufude Smart Bed has established itself as a leader in the smart sleep industry, having supplied 11.6 million smart beds globally over the past 20 years and successfully predicting 3,300 instances of cardiac risk through sleep data [5][14] Product Launch - The S500 features an integrated design focused on "fast sleep, good sleep, and healthy sleep," positioning it as a key component of the digital sleep ecosystem [7][16] - The "Digital Wonderful Island" system in the S500 simplifies the sleep process with user-friendly features such as voice activation and automatic adjustments to enhance the sleep experience [9][11] Health Management Features - The S500 employs a medical-grade multi-modal sensor to accurately monitor heart rate, breathing rate, and snoring, providing data comparable to professional sleep monitoring devices [11][14] - AI-driven recommendations are provided based on sleep data, offering personalized advice for improving sleep quality and overall health management for families [11][14] Ecosystem Development - Shufude is building a comprehensive digital sleep ecosystem that integrates research, production, medical services, and user support, aiming to transform sleep management from a short-term experience to a long-term solution [13][14] - The establishment of the "Sleep Big Data Laboratory" in collaboration with top universities aims to explore the relationship between sleep data and chronic disease management [13][14] Conclusion - The launch of the S500 signifies a shift in the smart sleep industry from standalone products to ecosystem development, with a focus on proactive intervention rather than mere data recording [16] - Shufude aims to create a complete digital sleep ecosystem that serves the health needs of individuals and families, positioning smart beds as essential components of personal health management [16]

Core Viewpoint - Qisheng Technology's stock has shown significant volatility, with a year-to-date increase of 37.31% but a recent decline of 10.89% over the past five trading days, indicating potential market fluctuations and investor sentiment shifts [1][2]. Financial Performance - For the first half of 2025, Qisheng Technology reported a revenue of 1.459 billion yuan, reflecting a year-on-year growth of 0.07%, while the net profit attributable to shareholders was 106 million yuan, marking a 24.18% increase compared to the previous year [2]. - The company has distributed a total of 754 million yuan in dividends since its A-share listing, with 388 million yuan distributed over the last three years [3]. Stock Market Activity - As of October 20, Qisheng Technology's stock price was 17.18 yuan per share, with a market capitalization of 6.064 billion yuan. The stock experienced a trading volume of 93.5784 million yuan and a turnover rate of 1.55% [1]. - The company has appeared on the "Dragon and Tiger List" seven times this year, with the most recent appearance on October 13, where it recorded a net purchase of 77.2626 million yuan [1]. Shareholder Information - As of June 30, 2025, Qisheng Technology had 31,100 shareholders, an increase of 44.74% from the previous period, while the average circulating shares per person decreased by 31.97% to 11,353 shares [2]. - Notably, Hong Kong Central Clearing Limited has exited the list of the top ten circulating shareholders [3]. Business Overview - Qisheng Technology, established on October 19, 2005, and listed on October 29, 2019, specializes in the research, design, production, and sales of smart electric beds and related products. The main revenue sources include smart electric beds (80.92%), accessories and others (8.33%), mattresses (7.38%), and other supplementary products (3.37%) [1].

Market Overview - On October 17, the home goods sector declined by 1.52%, with Yuma Technology leading the drop [1] - The Shanghai Composite Index closed at 3839.76, down 1.95%, while the Shenzhen Component Index closed at 12688.94, down 3.04% [1] Stock Performance - Notable gainers included: - Mengbaihe (603313) with a closing price of 9.33, up 10.02% on a trading volume of 269,100 shares and a turnover of 246 million yuan [1] - Longzhu Technology (920445) closed at 11.97, up 9.02% with a trading volume of 84,800 shares and a turnover of 104 million yuan [1] - Significant losers included: - Yuma Technology (300993) closed at 18.24, down 6.46% with a trading volume of 178,300 shares and a turnover of 332 million yuan [2] - Qisheng Technology (603610) closed at 16.84, down 6.18% with a trading volume of 128,300 shares [2] Capital Flow - The home goods sector experienced a net outflow of 248 million yuan from institutional investors, while retail investors saw a net inflow of 255 million yuan [2] - The capital flow for key stocks showed: - Mengbaihe had a net inflow of 84.29 million yuan from institutional investors, but a net outflow of 43.88 million yuan from retail investors [3] - Delu Future (002631) had a net inflow of 29.35 million yuan from institutional investors, with a net outflow of 26.12 million yuan from retail investors [3]

Meeting Overview - The first extraordinary general meeting of shareholders for 2025 was held on October 14, 2025, at the company's location in Jiaxing, Zhejiang Province [1] - The meeting was convened by the board of directors and chaired by Chairman Tang Guohai, utilizing a combination of on-site and online voting methods [2] Attendance and Voting - All 7 current directors attended the meeting, along with the board secretary and several senior management personnel [2] - The voting process adhered to the regulations set forth by the Company Law and the company's articles of association, ensuring transparency and legality [2][4] Resolutions Passed - A key resolution regarding the appointment of the financial audit and internal control audit institutions for the year 2025 was approved [3] - There were no dissenting votes on any of the resolutions presented during the meeting [1][3] Legal Verification - The meeting was witnessed by lawyers from Shanghai Jintiancheng Law Firm, confirming that all procedures and resolutions complied with relevant laws and regulations [4] - The legal opinion provided by the witnessing lawyers deemed the resolutions passed at the meeting as valid and lawful [4]

上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于麒盛科技股份有限公司 2025 年第一次临时股东会的 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 9/11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于麒盛科技股份有限公司 2025 年第一次临时股东会的法律意见书 致：麒盛科技股份有限公司 上海市锦天城律师事务所（以下简称"本所"）接受麒盛科技股份有限公司 （以下简称"公司"）委托，就公司召开 2025 年第一次临时股东会（以下简称 "本次股东会"）的有关事宜，根据《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》等法律法规和其他规范性文件以及《麒盛 科技股份有限公司章程》（以下简称"《公司章程》"）的有关规定，出具本法 律意见书。 为出具本法律意见书，本所及本所律师依据《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》等规定，严格履行了法定职 责，遵循了勤勉尽责和诚实信用原则，对本次股东会所涉及的相关事项进行 ...

证券代码：603610 证券简称：麒盛科技 公告编号：2025-050 麒盛科技股份有限公司 2025年第一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 10 月 14 日 (二)股东会召开的地点：浙江省嘉兴市秀洲区王江泾镇苏嘉路与胜利路交叉口向 东 150 米麒盛科技南门 (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 | 272 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 211,007,343 | | 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（%） | 59.7769 | (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。 本次会议由公司董事会召集，公司董事长唐国海先生主持会议。本次会议以 现场投票和网络投票相结合的方式对本次股东会 ...

Market Overview - The home goods sector increased by 0.07% on October 14, with Hao Tai Tai leading the gains [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Top Performers - Hao Tai Tai (603848) closed at 22.13, up 9.99% with a trading volume of 104,800 shares and a turnover of 227 million yuan [1] - Sea Owl (002084) closed at 4.52, up 9.98% with a trading volume of 573,900 shares and a turnover of 252 million yuan [1] - Yu Ma Technology (300993) closed at 19.35, up 5.39% with a trading volume of 264,400 shares and a turnover of 506 million yuan [1] Underperformers - Jiangshan Oupai (603208) closed at 15.26, down 5.63% with a trading volume of 177,200 shares and a turnover of 283 million yuan [2] - Filinger (603226) closed at 45.08, down 4.09% with a trading volume of 161,500 shares and a turnover of 758 million yuan [2] - Qi Sheng Technology (603610) closed at 18.52, down 3.94% with a trading volume of 228,500 shares and a turnover of 433 million yuan [2] Capital Flow - The home goods sector experienced a net outflow of 26.59 million yuan from institutional investors and 53.19 million yuan from speculative funds, while retail investors saw a net inflow of 79.79 million yuan [2] - The capital flow for individual stocks in the home goods sector is detailed in the following table [3] Individual Stock Capital Flow - Sea Owl (002084) had a net inflow of 93.29 million yuan from institutional investors, but a net outflow of 36.74 million yuan from speculative funds and 56.54 million yuan from retail investors [3] - Hao Tai Tai (603848) saw a net inflow of 36.04 million yuan from institutional investors, with net outflows from both speculative and retail investors [3] - Yu Ma Technology (300993) had a net inflow of 29.99 million yuan from institutional investors, but a net outflow from retail investors [3]

Core Viewpoint - The home decoration and building materials sector experienced a slight decline, closing at 15,340.56 points with a drop of 0.09% [1] Group 1: Stock Performance - Songlin Technology led the decline in the home decoration and building materials stocks, closing at 29.27 CNY per share with a drop of 4.97% [1] - Del Future followed with a closing price of 5.57 CNY per share, down 3.80% [1] - Meike Home closed at 2.29 CNY per share, down 3.78% [1] - Qisheng Technology was the top gainer in the sector, closing at 19.28 CNY per share with an increase of 9.98% [1] - Filinger closed at 47.00 CNY per share, up 9.15% [1] - *ST Yazhen closed at 37.18 CNY per share, with a rise of 5.00% [1] Group 2: Market Insights - According to a report by Yiou Think Tank, the smart home market in China is expected to exceed 1 trillion CNY by 2025 [1] - Major players in the internet, home appliances, and traditional hardware sectors are increasingly investing in the smart home market, leading to enhanced product supply and technological development [1]

Core Viewpoint - Qisheng Technology (603610) experienced a significant increase in stock price, reaching the daily limit with a turnover rate of 10.82% and a trading volume of 721 million yuan, indicating strong market interest and activity [2] Group 1: Stock Performance - The stock's daily price fluctuation was 17.63%, leading to its listing on the Shanghai Stock Exchange's watchlist [2] - The net buying amount from brokerage seats totaled 77.26 million yuan, with the top buying brokerage being Everbright Securities, which purchased 49.94 million yuan [2][3] - Over the past six months, the stock has appeared on the watchlist seven times, with an average price drop of 0.64% the following day and an average decline of 4.45% over the next five days [2] Group 2: Financial Performance - For the first half of the year, Qisheng Technology reported a revenue of 1.459 billion yuan, reflecting a year-on-year growth of 0.07%, and a net profit of 106 million yuan, which is a 24.18% increase compared to the previous year [3]

Core Viewpoint - The home decoration and building materials sector experienced a slight decline, with the index closing at 15,161.28 points, down 1.25% [1] Group 1: Market Performance - The home decoration and building materials sector saw individual stocks decline, with Songlin Technology leading the drop at 28.76 CNY per share, down 6.62% [1] - Zhejiang Zhengte closed at 48.50 CNY per share, down 4.81%, ranking second in the decline among the sector stocks [1] - Meike Home closed at 2.27 CNY per share, down 4.62%, ranking third in the decline [1] - Qisheng Technology was the only stock to gain, closing at 19.27 CNY per share, up 9.93%, leading the gains in the sector [1] - *ST Yazhen closed at 37.18 CNY per share, up 5.00%, ranking second in gains [1] - Filinger closed at 44.60 CNY per share, up 3.58%, ranking third in gains [1] Group 2: Future Outlook - According to a report by China Galaxy Securities, the home decoration market demand is expected to gradually improve by September 2025, driven by better weather and the continued release of the old-for-new policy [1] - The ongoing urban renewal initiatives are anticipated to further stimulate demand for renovation and repair, boosting the consumption of building materials [1]