证券代码：603661 证券简称：恒林股份 公告编号：2025-030 恒林家居股份有限公司 关于为子公司提供担保的进展公告 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： 担保对象及基本情况 （一）担保的基本情况 因子公司业务发展需要，截至 2025 年 7 月 2 日，恒林家居股份有限公司（以 下简称公司或恒林股份）为全资子公司湖州恒鑫金属制品有限公司（以下简称恒 鑫金属）、南京恒宁家居有限公司（以下简称恒宁家居）、Lista Office Group AG（以下简称LO）的授信业务分别新增担保金额 2,000 万元、1,000 万元、1,940 万瑞郎（约合人民币 17,000 万元）。其中为LO的担保授信系在股东会审议通过 的担保总额范围内进行的额度调剂。 （二）内部决策程序 公司于 2025 年 5 月 16 日召开 2024 年年度股东会，审议通过了《关于公司 2025 年度对外担保额度预计的议案》，同意公司为合并报表范围内的子公司提 供不超过等值人民币 102,389 万元的担保额度。具体内容详见 ...

Core Insights - The depreciation benefit concept rose by 0.59% as of the market close on July 1, with a capital inflow of 177 million [1] - A total of 93 stocks increased in value while 73 stocks decreased [1] Top Gainers - The top ten stocks with the highest gains include: - Kaichuang Electric: +10.3% - Meinuohua: +6.9% - Henglin Shares: +6.5% - Wuzhou Medical: +6.35% - Jiangsu Boyun: +6.03% - Shandong Gold: +4.32% - Air China Ocean: +4.3% - Tonghe Pharmaceutical: +4.3% - Yiyi Shares: +4.29% - Huatong Cable: +4.26% [1] Top Losers - The stocks with the largest declines include: - Haitai Technology: -5.29% - ST Dehao: -5.0% - Pulutong: -4.96% - Qifeng Precision: -4.38% - Huasheng Shares: -3.27% [1]

Core Viewpoint - Henglin Home Furnishing Co., Ltd. announced a cash dividend distribution of 0.72 RMB per share for the fiscal year 2024, approved at the annual shareholders' meeting on May 16, 2025 [1][2]. Distribution Plan - The total number of shares for the dividend distribution is 139,067,031, resulting in a total cash dividend payout of 100,128,262.32 RMB [2]. - The distribution is applicable to all shareholders registered with China Securities Depository and Clearing Corporation Limited, Shanghai Branch, as of the close of trading on the day before the equity registration [1][2]. Implementation Dates - Specific dates related to the dividend distribution are not provided in the document [5]. Distribution Method - Cash dividends will be distributed through the clearing system of China Securities Depository and Clearing Corporation Limited, with shareholders who have designated trading able to receive their dividends on the payment date [3]. - For shareholders who have not designated trading, dividends will be held by the clearing company until they complete the necessary procedures [3]. Taxation Information - Individual shareholders holding shares for over one year are exempt from personal income tax on dividends, receiving the full 0.72 RMB per share [7]. - For shares held for one year or less, the tax will be calculated upon transfer, with a potential tax burden of 20% for shares held for one month or less [7]. - Qualified Foreign Institutional Investors (QFIIs) will have a 10% withholding tax applied, resulting in a net dividend of 0.648 RMB per share [8]. - Hong Kong investors will also face a 10% withholding tax, with the same net dividend of 0.648 RMB per share [9]. Contact Information - For inquiries regarding the dividend distribution, shareholders can contact the company's board office at 0572-5227673 [10].

证券代码：603661 证券简称：恒林股份 公告编号：2025-029 恒林家居股份有限公司 2024年年度权益分派实施公告 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： 每股分配比例 A 股每股现金红利0.72元 相关日期 | 股份类别 | 股权登记日 | 最后交易日 | 除权（息）日 | 现金红利发放日 | | --- | --- | --- | --- | --- | | Ａ股 | 2025/6/13 | － | 2025/6/16 | 2025/6/16 | 差异化分红送转： 否 一、 通过分配方案的股东会届次和日期 本次利润分配方案经公司2025 年 5 月 16 日的2024年年度股东大会审议通过。 二、 分配方案 截至股权登记日下午上海证券交易所收市后，在中国证券登记结算有限责任公司上海分 公司（以下简称"中国结算上海分公司"）登记在册的本公司全体股东。 3. 分配方案： 本次利润分配以方案实施前的公司总股本139,067,031股为基数，每股派发现金红利0.72 元（含税），共计派发现金红利1 ...

Industry Overview - The office chair industry in China is a major global production base, experiencing rapid growth and forming significant industrial clusters, particularly in the Anji region of Zhejiang [1][4] - In 2024, China's office chair production capacity is projected to reach 205 million units, with an output of approximately 176.84 million units, an export volume of 84.65 million units, and an import volume of 0.0948 million units [1][4][10] - The domestic demand for office chairs in 2024 is estimated at 92.28 million units, reflecting a year-on-year growth of 3.96% [6] Market Dynamics - The office chair market is expected to grow, driven by the increasing emphasis on comfortable office environments and the rise of digital workplaces [19] - The market size is projected to reach 25.33 billion yuan in 2024, with a year-on-year increase of 6.72% [6] - By 2025, domestic demand is expected to rise to 96.08 million units, with a market size of 27.02 billion yuan, indicating continued growth [6] Trade and Export - China has become the world's largest exporter of office chairs, with exports to over 200 countries and regions, including the US, EU, and Japan [10] - In 2024, office chair exports are expected to increase to 84.65 million units, a rise of 10.94 million units compared to the previous year, with an export value of 28.15 billion yuan [10] - However, the ongoing US-China trade tensions may impact export volumes in 2025 [10] Competitive Landscape - Major companies in the office chair industry include Henglin Home Furnishings, Yongyi Furniture, and Zhendong (China) [12][15] - Henglin Home Furnishings is recognized as a leading manufacturer and exporter, with a production output of approximately 9.98 million units in 2024 [15] - Yongyi Furniture, the first listed company in the Chinese chair industry, reported a production increase to 8.93 million units in 2024, reflecting a significant rise from the previous year [17] Future Trends - The office chair industry is expected to evolve towards health-oriented, environmentally friendly, diverse, and intelligent designs, supported by national policies [19] - The market outlook remains positive, with anticipated growth driven by economic recovery and increased consumer awareness of health and comfort in office settings [19]

关于为子公司提供担保的进展公告 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。 一、公司担保审批情况 证券代码：603661 证券简称：恒林股份 公告编号：2025-028 恒林家居股份有限公司 三、累计对外担保数量及逾期担保的数量 截至 2025 年 5 月 31 日，公司对外担保余额为等值人民币 65,098.04 万元 （基于数据可比性，汇率换算基准日均为 2025 年 4 月 21 日），占公司最近一 期经审计净资产的 17.61%。除上述担保外，公司不存在其他对外担保情况，亦 不存在逾期担保的情形。 恒林家居股份有限公司（以下简称公司或恒林股份）于 2025 年 5 月 16 日 召开 2024 年年度股东会，审议通过了《关于公司及子公司 2025 年度向银行等 金融机构申请综合授信额度的议案》和《关于公司 2025 年度对外担保额度预计 的议案》，同意公司自 2024 年年度股东会审议通过之日起至公司 2025 年年度 股东会召开之日止，为合并报表范围内的子公司提供不超过等值人民币 102,389 万元的担保额度（ ...

证券代码：603661 证券简称：恒林股份 公告编号：2025-027 恒林家居股份有限公司 2025年第一次临时股东会决议公告 (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。 (一) 股东会召开的时间：2025 年 6 月 3 日 (二) 股东会召开的地点：浙江省湖州市安吉县递铺街道恒林 B 区办公楼 107 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： 本次会议由本公司董事会召集，董事长王江林先生主持本次会议，本次会议采取 现场投票和网络投票相结合的表决方式。会议的召集、召开和表决符合《中华人 民共和国公司法》及本公司《公司章程》的规定。 (五) 公司董事和董事会秘书的出席情况 二、 议案审议情况 (一) 累积投票议案表决情况 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 | 1、出席会议的股东和代理人人数 | 90 | | --- | --- | | 2、出席会议的股东所持有表决权的股份 ...

国浩律师（杭州）事务所 关 于 恒林家居股份有限公司 2025 年第一次临时股东会 法律意见书 地址：杭州市上城区老复兴路白塔公园 B 区 2 号、15 号国浩律师楼 邮编：310008 Grandall Building, No.2＆No.15, Block B, Baita Park, Old Fuxing Road, Hangzhou, Zhejiang 310008, China 电话/Tel: (+86)(571) 8577 5888 传真/Fax: (+86)(571) 8577 5643 电子邮箱/Mail：grandallhz@grandall.com.cn 网址/Website：http://www.grandall.com.cn 二零二五年六月 国浩律师（杭州）事务所 关 于 恒林家居股份有限公司 2025 年第一次临时股东会 法律意见书 致：恒林家居股份有限公司 国浩律师（杭州）事务所（以下简称"本所"）接受恒林家居股份有限公司 （以下简称"公司"）委托，指派律师出席公司 2025 年第一次临时股东会（以 下简称"本次股东会"），并依据《中华人民共和国公司法》（以下简称"《公司 法》"） ...

恒林家居股份有限公司2025年第一次临时股东会会议资料 1 | | | 恒林家居股份有限公司 2025 年第一次临时股东会 会议资料 证券代码：603661 中国·安吉 2025 年 6 月 3 日 与会股东逐项审议以下议案： 恒林家居股份有限公司2025年第一次临时股东会会议资料 会议议程 一、会议时间 会议召开方式：现场方式、网络方式； 现场会议召开时间：2025 年 6 月 3 日（星期二）14:00； 网络投票的时间：自 2025 年 6 月 3 日至 2025 年 6 月 3 日； 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25、9:30-11:30、13:00-15:00；通过互联 网投票平台的投票时间为股东会召开当日的 9:15-15:00。 二、现场会议地点 浙江省湖州市安吉县递铺街道恒林 B 区办公楼 107 会议室。 三、会议审议事项 | 序号 | 议案名称 | | --- | --- | | 累积投票议案 | | | 1.00 | 关于补选第七届董事会非独立董事的议案 | | 1.01 | 卢小英 | | 2.00 | ...

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].