Group 1 - The core viewpoint of the news is that Gujia Home has shown positive stock performance and financial growth, with a notable increase in revenue and net profit year-on-year [1][2]. - As of September 4, Gujia Home's stock price increased by 2.06%, reaching 29.26 CNY per share, with a total market capitalization of 24.045 billion CNY [1]. - The company has experienced a year-to-date stock price increase of 11.68%, with significant gains over various time frames: 0.24% over the last 5 days, 12.97% over the last 20 days, and 23.30% over the last 60 days [1]. Group 2 - For the first half of 2025, Gujia Home reported a revenue of 9.801 billion CNY, reflecting a year-on-year growth of 10.02%, and a net profit of 1.021 billion CNY, which is a 13.89% increase compared to the previous year [2]. - The company has distributed a total of 6.339 billion CNY in dividends since its A-share listing, with 3.173 billion CNY distributed over the last three years [2]. - As of June 30, 2025, the number of shareholders increased by 14.88% to 23,500, while the average number of circulating shares per person decreased by 12.95% to 34,547 shares [2].

Core Points - The company has approved the repurchase and cancellation of 320,000 restricted stocks held by three former incentive recipients as part of its 2024 incentive plan [1][3] - The decision was made during the board and supervisory meetings held on July 8, 2025, and was subsequently approved by the shareholders on July 24, 2025 [1][2] - The repurchase is in accordance with the company's incentive plan, which stipulates that restricted stocks cannot be unlocked if the recipient resigns [3] Repurchase and Cancellation Details - The repurchase involves three individuals and a total of 320,000 restricted stocks, leaving 9,285,288 stocks remaining under the incentive plan after the cancellation [3] - The company has set up a dedicated securities account for the repurchase and plans to complete the cancellation by September 8, 2025 [3] - The company has confirmed that the decision-making process and information disclosure comply with relevant laws and regulations, ensuring no harm to the rights of the incentive recipients or creditors [4] Legal Opinions and Commitments - The legal opinion from Guohao Law Firm confirms that the repurchase and cancellation of the restricted stocks have received necessary approvals and comply with applicable laws and regulations [4] - The company has committed to bearing any legal responsibilities arising from disputes related to the repurchase and cancellation of the stocks [4]

Core Viewpoint - The legal opinion letter confirms that the repurchase and cancellation of certain restricted stocks by Gujia Home Furnishing Co., Ltd. has received the necessary approvals and complies with relevant laws and regulations [1][6][7] Group 1: Approval and Authorization of Repurchase - On September 20, 2024, the company's board approved the draft of the 2024 Restricted Stock Incentive Plan and related proposals, which were submitted for shareholder approval [3] - The fourth extraordinary general meeting of shareholders on October 14, 2024, approved the incentive plan and authorized the board to handle related matters [4] - On October 17, 2024, the board confirmed the grant date, recipients, quantity, and price of the restricted stocks [4][5] Group 2: Details of the Repurchase - The board meetings on April 27, 2025, approved the repurchase of 120,000 shares from one departed incentive recipient, which was later confirmed by the annual general meeting on May 19, 2025 [4][5] - On July 8, 2025, the board adjusted the repurchase price from 11.84 yuan to 10.46 yuan per share and approved the repurchase of 320,000 shares from three departed incentive recipients [5][6] - The total repurchase amount for the 320,000 shares at the adjusted price is 3,347,200 yuan, funded by the company's own resources [6] Group 3: Compliance and Conclusion - The repurchase of restricted stocks is based on the provisions of the incentive plan regarding changes in the status of incentive recipients due to resignation [6] - The company has opened a dedicated securities account for the repurchase and submitted the necessary applications for the cancellation of the stocks [6] - The legal opinion concludes that the repurchase complies with the Securities Law, Company Law, and relevant regulations, pending necessary registration changes [6][7]

定制家居行业依旧处于房地产下行带来的影响周期之中，正在等待修复。近期，上半年财报季正式收 官。《华夏时报》记者注意到，索菲亚家居股份有限公司（002572.SZ）（下称：索菲亚）、广州尚品 宅配家居股份有限公司（300616.SZ）（下称：尚品宅配）、志邦家居股份有限公司（603801.SH）（下 称：志邦家居）营业收入均下滑，且尚品宅配仍处于亏损中。顾家家居股份有限公司（603816.SH） （下称：顾家家居）则是少数营业收入和净利润上涨的家居企业之一，其计划在海外投建基地。 索菲亚方面对《华夏时报》记者表示，目前，出海、存量房改造翻新等被看作是企业新的增长点，行业 依旧存在打价格战的情况，这种行为对行业生态会有所破坏。 龙头企业营收下滑 今年上半年出台的一系列家装"以旧换新"以及国补政策对于家居消费的确有促进作用，但是未能带动家 居企业业绩回升，行业营收以及利润下滑依旧是主基调。其中，作为行业龙头的索菲亚也未能避免。 公开资料显示，索菲亚为消费者提供全屋定制家居方案，从事全屋家具的设计研发和生产销售。数据显 示，今年上半年，索菲亚的营业收入为45.51亿元，同比下降7.68%；归属于上市公司股东的净利润为 ...

Core Points - The company has received multiple approvals and authorizations for the repurchase and cancellation of restricted stocks under the 2024 incentive plan [2][3] - The repurchase involves 320,000 shares of restricted stock from three former incentive recipients who no longer meet the incentive conditions [3] Group 1: Approval and Authorization - On September 20, 2024, the company's fifth board meeting approved several proposals related to the 2024 restricted stock incentive plan, which were then submitted for shareholder meeting review [2] - The fourth extraordinary shareholder meeting on October 14, 2024, authorized the board to handle matters related to the stock incentive plan [2] - The sixth board meeting on October 17, 2024, clarified the granting of restricted stocks, which was also approved by the fifth supervisory board meeting [2] Group 2: Repurchase and Cancellation Details - The repurchase and cancellation of 120,000 shares from one former incentive recipient was approved by the ninth board meeting and the seventh supervisory board meeting on April 27, 2025, and subsequently by the annual shareholder meeting on May 19, 2025 [2] - On July 25, 2025, the board approved adjustments to the repurchase price and the cancellation of 320,000 shares from three former incentive recipients, with the repurchase price set at 10.46 yuan per share, totaling 3.3472 million yuan [3] - The repurchase will be conducted through the China Securities Depository and Clearing Corporation Limited, Shanghai Branch, and will require a reduction in registered capital [3]

证券代码：603816 证券简称：顾家家居 公告编号：2025-071 顾家家居股份有限公司 关于股权激励限制性股票回购注销实施的公告 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： | 回购股份数量（股） | 注销股份数量（股） | 注销日期 | | | --- | --- | --- | --- | | 320,000 | 320,000 | 2025 年 9 | 月 8 日 | （二）本次回购注销的相关人员、数量 本次回购注销限制性股票涉及 3 名激励对象，拟回购注销已获授未解锁的限 制性股票 320,000 股；本次回购注销完成后，剩余股权激励限制性股票 9,285,288 股。 （三）回购注销安排 一、本次限制性股票回购注销的决策与信息披露 顾家家居股份有限公司（以下简称"公司"）于 2025 年 7 月 8 日召开了第五 届董事会第十一次会议和第五届监事会第九次会议，审议通过了《关于回购注销 2024 年限制性股票激励计划部分限制性股票的议案》，同意将 3 名已离职激励对 象持有的已获授未解除限售的 ...

国浩律师（杭州）事务所 法律意见书 国浩律师（杭州）事务所 关 于 顾家家居股份有限公司 2024 年限制性股票激励计划部分限制性股 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 二〇二五年九月 票回购注销实施 之 1 法律意见书 国浩律师（杭州）事务所 国浩律师（杭州）事务所 关于 顾家家居股份有限公司 2024 年限制性股票激励计划部分限制性股票回购注 销实施 之 法律意见书 致：顾家家居股份有限公司 根据顾家家居股份有限公司（以下简称"顾家家居"或"公司"）与国浩律 师（杭州）事务所（ ...

Core Viewpoint - The report from Dongxing Securities highlights that Kuka Home achieved a net profit attributable to shareholders of 1.02 billion yuan in the first half of the year, representing a year-on-year increase of 13.9% [1]. Financial Performance - In Q2, the net profit attributable to shareholders was 500 million yuan, showing a year-on-year growth of 5.4% [1]. - Domestic sales revenue for the first half reached 5.23 billion yuan, with a year-on-year increase of 10.7%, indicating growth despite industry pressures [1]. Market Dynamics - Both domestic and international sales have seen growth, with the main brand and independent brands (such as LAZBOY) contributing to the overall performance increase [1]. - The growth is primarily attributed to the implementation of the old-for-new policy and the results of the company's retail transformation [1]. Strategic Positioning - Kuka Home has a comprehensive product range and a leading channel layout, which positions the company favorably in the market [1]. - The entry of Yingfeng Group is expected to leverage synergies and optimize the organizational structure [1]. Long-term Outlook - The brand value of soft furniture is anticipated to increase over the long term, with Kuka Home expected to continue expanding its product categories and market share due to its brand and product advantages [1].

Group 1 - The company disclosed that on July 18, 2025, a public auction of 14,700,000 shares (1.79% of total shares) held by Gujia Group was announced due to judicial enforcement [1][2] - On August 21, 2025, it was confirmed that the shares were successfully auctioned to Hangzhou Daiming Trading Co., Ltd., resulting in Gujia Group's shareholding decreasing from 103,171,483 shares (12.55%) to 88,471,483 shares (10.77%) [2] - The auction did not lead to a change in the company's control, as Gujia Group is not the controlling shareholder, and normal operations of the company will not be affected [2][3] Group 2 - The transfer of shares due to judicial enforcement follows specific regulations, where the acquiring party cannot reduce their holdings within six months after the transfer [3][4]

Core Points - The announcement details a change in the equity stake of a major shareholder, Gujia Group, which has decreased its holding from 17.57% to 15.78% due to a judicial auction of shares [1][2] - The judicial auction involved 14,700,000 shares, representing 1.79% of the company's total shares, which were successfully sold to Hangzhou Daiming Trading Co., Ltd. [1][2] - Following the auction, Gujia Group's shareholding decreased from 103,171,483 shares to 88,471,483 shares, while Hangzhou Daiming Trading Co., Ltd. acquired these shares without previously holding any [1][2] Summary of Shareholder Information - Gujia Group is not the controlling shareholder of the company, and the reduction in its shareholding will not lead to a change in control or affect the company's normal operations [2] - The equity change does not trigger mandatory tender offer obligations, and the transaction was executed through a judicial auction [1][2] Additional Notes - The announcement clarifies that the new shareholder, Hangzhou Daiming Trading Co., Ltd., is restricted from selling the acquired shares within six months following the acquisition [2]