[Qumei Home Furnishings Group Co., Ltd. 2025 H1 Earnings Forecast](index=1&type=section&id=%E6%9B%B2%E7%BE%8E%E5%AE%B6%E5%B1%85%E9%9B%86%E5%9B%A2%E8%82%A1%E4%BB%BD%E6%9C%89%E9%99%90%E5%85%AC%E5%8F%B8%202025%20%E5%B9%B4%E5%8D%8A%E5%B9%B4%E5%BA%A6%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A) [Current Period Earnings Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E5%91%8A%E6%83%85%E5%86%B5) The company anticipates a significant reduction in net loss for the first half of 2025 2025 H1 Earnings Forecast | Indicator | 2025 H1 Forecast | 2024 H1 Actual | YoY Change | | :--- | :--- | :--- | :--- | | **Net Profit Attributable to Parent (CNY 10,000)** | -5,000.00 to -3,600.00 | -12,458.72 | Loss narrowed by 59.87% to 71.10% | | **Non-recurring P/L Adjusted Net Profit (CNY 10,000)** | -8,200.00 to -6,800.00 | -10,842.07 | Loss narrowed by 24.37% to 37.28% | [Prior Year Period Operating Performance and Financial Status](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8A%E5%B9%B4%E5%90%8C%E6%9C%9F%E7%BB%8F%E8%90%A5%E4%B8%9A%E7%BB%A9%E5%92%8C%E8%B4%A2%E5%8A%A1%E7%8A%B6%E5%86%B5) The company recorded a net loss in H1 2024, with a net loss attributable to the parent of -124.59 million CNY 2024 H1 Performance Review | Indicator | Amount | | :--- | :--- | | **Net Profit Attributable to Parent** | -124.59 million CNY | | **Non-recurring P/L Adjusted Net Profit** | -108.42 million CNY | | **Earnings Per Share (EPS)** | -0.18 CNY | [Main Reasons for the Projected Loss in the Current Period](index=2&type=section&id=%E4%B8%89%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E4%BA%8F%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) Despite operational improvements, a decline in revenue is the primary cause of the continued net loss [Analysis of Main Reasons for the Loss](index=2&type=section&id=%EF%BC%88%E4%B8%80%EF%BC%89%E4%BA%8F%E6%8D%9F%E7%9A%84%E4%B8%BB%E8%A6%81%E5%8E%9F%E5%9B%A0) The core reason for the sustained loss is declining revenue, which offset gains from operational improvements - The company's core business operations showed significant improvement compared to H1 last year, with a **substantial increase in operating profit**[6](index=6&type=chunk) - Cost reduction and efficiency measures in the domestic Qumei Home Furnishings business **reduced the amount of loss year-over-year**, but declining revenue continues to pressure net profit[6](index=6&type=chunk) [Operational Improvements and Positive Factors](index=2&type=section&id=%EF%BC%88%E4%BA%8C%EF%BC%89%E7%BB%8F%E8%90%A5%E6%94%B9%E5%96%84%E5%8F%8A%E6%AD%A3%E9%9D%A2%E5%9B%A0%E7%B4%A0) The company benefited from lower debt costs due to interest rate cuts and increased rental income - Benefiting from interest rate cuts by the Federal Reserve and in the European market, the company's **overall debt costs have decreased**[6](index=6&type=chunk) - Continuously rising rental income from the company's Beijing factory and land has **contributed more revenue, profit, and cash flow**[6](index=6&type=chunk) [Risk Warning](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The preliminary earnings forecast is unaudited and final figures may differ in the official report - This earnings forecast is based on the company's preliminary calculations and has not been audited; **final data will be subject to the official semi-annual report**[7](index=7&type=chunk)

证券代码：603818 证券简称：曲美家居 公告编号：2025-036 曲美家居集团股份有限公司 董事减持股份结果公告 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： 董事持股的基本情况：截至本公告披露日，公司董事谢文斌先生持有公 司 545,600 股股份，占公司总股本的 0.0792%。 减持计划的实施结果情况：截至本公告披露日，谢文斌先生通过集中竞 价方式减持所持有的公司股份 75,100 股，约占公司总股本的 0.0109%，本次减持 计划实施完毕。 上述减持主体无一致行动人。 1 股东名称 谢文斌 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 持股数量 620,700股 持股比例 0.09% 当前持股股份来源 IPO 前取得：540,700股 股权激励取得：80,000股 一、减持主体减持前基本情况 二、减持计划的实施结果 (一)大股东及董监高因以下事项披露减持计划实施结果： 减持计划实施完毕 | 股东名称 | ...

曲美家居集团股份有限公司 证券代码：603818 证券简称：曲美家居 公告编号：2025-035 董事减持股份结果公告 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： 董事持股的基本情况：截至本公告披露日，公司董事吴娜妮女士持有公 司 530,200 股股份，占公司总股本的 0.0770%。 减持计划的实施结果情况：截至本公告披露日，吴娜妮女士通过集中竞 价方式减持所持有的公司股份 176,700 股，约占公司总股本的 0.0257%，本次减 持计划实施完毕。 | 股东名称 | 吴娜妮 | | | --- | --- | --- | | 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 | | 持股数量 | 706,900股 | | | 持股比例 | 0.1026% | | | 当前持股股份来源 | IPO 前取得：706,900股 | | 一、减持主体减持前基本情况 上述减持主体无一致 ...

证券代码：603818 证券简称：曲美家居 公告编号：2025-034 曲美家居集团股份有限公司 董事减持股份计划公告 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： 预披露期间，若公司股票发生停牌情形的，实际开始减持的时间根据停牌时间相应顺延。 (一)相关股东是否有其他安排 □是 √否 (二)董事此前对持股比例、持股数量、持股期限、减持方式、减持数量、减持价 格等是否作出承诺 √是 □否 董事持股的基本情况：截至本公告披露日，公司董事谢文斌先生持有公 司 620,700 股股份，占公司总股本的 0.09%。 减持计划的主要内容：因董事个人资金需求，谢文斌先生拟自本减持计 划公告之日起 15 个交易日后的 3 个月内（窗口期不减持），在符合上市公司董监 高减持规定的前提下，通过集中竞价方式减持所持股份不超过 75,175 股，占公 司总股本的 0.0109%，不超过其持有公司股份总数的 25%，具体减持价格按照减 持实施时的市场价格确定。若减持计划实施期间公司实施派息、送股、资本公积 金转增股本、增发 ...

Core Viewpoint - The company Qu Mei Home (603818) announced that its director, Mr. Xie Wenbin, plans to reduce his shareholding by up to 75,175 shares, which represents 0.0109% of the total share capital, within three months after 15 trading days from the announcement date due to personal financial needs [1] Summary by Relevant Sections - **Shareholding Reduction Plan** - Mr. Xie Wenbin intends to reduce his holdings through centralized bidding, with a maximum of 75,175 shares to be sold, which is up to 25% of his total shareholding [1] - **Current Shareholding Status** - Mr. Xie currently holds 620,700 shares, accounting for 0.09% of the company's total share capital [1] - **Factors Influencing the Decision** - The decision to reduce shareholding will depend on market conditions and fluctuations in the company's stock price [1]

Economic and Regulatory News - The first meeting of the China-US economic and trade consultation mechanism has entered its second day, with discussions described as professional, rational, in-depth, and candid by Li Chenggang, the Deputy Minister of Commerce [1] - The State Administration for Market Regulation has publicly solicited opinions on the "Live E-commerce Supervision Management Measures" to enhance supervision and promote healthy development in the live e-commerce sector [1] - The Ministry of Commerce has extended the anti-dumping investigation period for imported pork and pork products from the EU until December 16, 2025, due to the complexity of the case [1] Company News - BYD Auto has announced a unified payment term of 60 days for suppliers to support the stability of the industrial supply chain and promote high-quality development in the automotive industry [2] - Tencent Music Entertainment Group plans to acquire 100% of Himalaya for $1.26 billion in cash and stock, with Himalaya stating that its brand, product independence, and core management team will remain unchanged [3] - Chengdu Huami has successfully launched a 4-channel, 12-bit, 16GSPS high-precision RF direct sampling ADC chip, marking a significant breakthrough in high-speed data conversion technology [4] - Dongfang Electric has signed a strategic cooperation agreement with Xiaomi's subsidiary to develop robotic electronic skin, leveraging each other's strengths in product development and market expansion [5] - Haiguang Information and Zhongke Shuguang will hold an investor briefing on June 11, 2025, regarding significant asset restructuring matters [6][7] - Qu Mei Home announced that a director sold 58,000 shares during a period of abnormal stock trading, which saw a cumulative price increase of over 20% [7] - Guangting Information plans to acquire 100% of Kaima Technology for 360 million yuan, aiming to integrate resources and enhance cooperation in overseas markets [7]

Macro News - The Central Committee and State Council issued opinions to support the Guangdong-Hong Kong-Macao Greater Bay Area enterprises listed on the Hong Kong Stock Exchange to also list on the Shenzhen Stock Exchange according to policy regulations [1][5] - The National Development and Reform Commission held a meeting focusing on technology-driven private enterprises, emphasizing the importance of incorporating feedback from companies into the "14th Five-Year Plan" to support innovation and modern industrial systems [2][5] - The Ministry of Commerce announced an anti-dumping investigation into imported pork and pork products from the EU, extending the investigation period to December 16, 2025, due to the complexity of the case [6] Industry News - Four major automotive manufacturers, including China FAW Group and Dongfeng Motor Corporation, announced a unified payment term of 60 days [7] - The State Administration for Market Regulation is soliciting opinions on the "Live E-commerce Supervision Management Measures," requiring live marketing personnel to provide truthful and comprehensive product information [7] - The first-generation LABUBU art piece was auctioned for 1.08 million yuan, marking a significant event in the art market [7] - The National Taxation Administration reported a 116% year-on-year increase in the number of tax refund applications for departing tourists in the first month of the new policy, with the number of refund stores reaching 5,196 [7] - The Hami-Chongqing ±800 kV UHVDC project was put into operation, capable of transmitting over 36 billion kWh of electricity annually from Xinjiang to Chongqing [8] Company News - Vanke A announced the sale of 22 million A-shares from its inventory, totaling 146 million yuan [10] - Tencent Music announced a proposed acquisition of Ximalaya Holdings for a total cash amount of 1.26 billion USD [11] - *ST King Kong signed a restructuring investment agreement with industrial investor Ouhao Group [11] - Lianhuan Pharmaceutical received an administrative penalty totaling 61.0382 million yuan [11] - Honghe Technology announced a potential change in control, with its stock set to resume trading [12] - Qu Mei Home announced that a board member reduced holdings by 58,000 shares during a period of unusual stock trading [13] - Zhongke Shuguang will hold an investor briefing on major asset restructuring on June 11 [14] - Beizhi Technology reached a strategic cooperation intention with Xingdong Era to develop humanoid robots for smart logistics [14] - Founder Technology plans to raise no more than 1.98 billion yuan for an AI and high-density interconnect circuit board project [14]

Core Viewpoint - The stock of Qu Mei Home Group Co., Ltd. experienced an abnormal trading fluctuation, with a cumulative closing price increase exceeding 20% over three consecutive trading days [2][4]. Group 1: Stock Trading Abnormality - The company's stock price increased by more than 20% cumulatively on June 6, June 9, and June 10, 2025, which is classified as an abnormal trading fluctuation according to the Shanghai Stock Exchange rules [2][4]. - The company conducted a self-examination and confirmed that there are no undisclosed significant matters apart from those already disclosed [5][6]. Group 2: Operational Status - The company reported that its production and operational activities are normal, with no significant changes in market conditions or industry policies [5]. - For the first quarter of 2025, the company reported a revenue of 878,512,429.39 yuan, a decrease of 0.99% compared to the same period last year, and a net profit attributable to shareholders of -4,250,801.92 yuan [5]. Group 3: Major Events and Shareholder Actions - The company confirmed that there are no undisclosed major events, including asset restructuring, share issuance, or significant business cooperation [6]. - During the period of stock trading fluctuation, a board member sold 58,000 shares on June 10, 2025, but no other executives engaged in buying or selling the company's stock [8][9].

曲美家居集团股份有限公司 股票交易异常波动公告 本公司董事会及全体董事会成员保证本公告内容不存在任何虚假记载、误导 性陈述或重大遗漏，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。 重要内容提示： 曲美家居集团股份有限公司（以下简称"公司"）股票于 2025 年 6 月 6 日、6 月 9 日、6 月 10 日连续 3 个交易日内收盘价格涨幅偏离值累计超过 20%。 根据《上海证券交易所交易规则》的有关规定，属于股票交易异常波动情形。 经公司自查及向公司控股股东、实际控制人及其一致行动人发函核实、 确认，截至本公告披露日，除公司已披露事项外，不存在其他应披露而未披露的 重大事项。 证券代码：603818 证券简称：曲美家居 公告编号：2025-033 请广大投资者理性投资，注意股票二级市场的交易风险。 一、股票交易异常波动的具体情况 经公司自查，并向公司控股股东、实际控制人及其一致行动人书面征询确认， 截至目前，除了已披露的重大事项外，公司及公司控股股东、实际控制人及其一 致行动人均不存在涉及公司的应披露而未披露的重大事项，未筹划与公司有关的 重大资产重组、股份发行、重大交易类事项、业务重组、股权激励 ...

《关于公司股票交易异常波动的问询函》的回函 曲美家居集团股份有限公司董事会： 公司所发的《关于公司股票交易异常波动的问询函》于 2025 年 6 月 10 日收 悉。经认真核实，现回复如下： 我们作为公司公司控股股东、实际控制人及其一致行动人，截至目前，不存 在与曲美家居相关的应披露而未披露的重大信息，包括但不限于重大资产重组、 发行股份、上市公司收购、债务重组、业务重组、资产剥离和资产注入等重大事 项。 特此回复。 控股股东、实际控制人：赵瑞海、赵瑞宾 一致行动人：赵瑞杰 ...