登录新浪财经APP 搜索【信披】查看更多考评等级 ● 投资种类：结构性存款 ● 投资金额：人民币32,000万元 ● 已履行的审议程序：欧派家居集团股份有限公司（以下简称"公司"）于2025年8月8日召开了第四届董 事会第二十六次会议、第四届监事会第十七次会议，审议通过了《关于使用闲置募集资金进行现金管理 的议案》，同意公司使用总额度不超过人民币3.5亿元（含）暂时闲置募集资金适时进行现金管理，决 议有效期自2025年8月19日至2026年8月18日。本事项无需提交公司股东会审议。 ● 特别风险提示：公司使用暂时闲置募集资金进行现金管理的产品类型虽然限定为安全性高、风险等级 低且期限不超过12个月的保本型产品，整体风险可控，但是相关产品仍可能受宏观经济及金融市场波动 影响，存在市场风险、流动性风险、信用风险等潜在风险因素。公司将根据市场环境动态调整投资规模 与时机，故短期投资收益存在波动可能。 一、投资情况概述 证券代码：603833 证券简称：欧派家居 公告编号：2025-100 转债代码：113655 转债简称：欧22转债 欧派家居集团股份有限公司关于使用闲置募集资金进行现金管理的公告 本公司董事会及全体 ...

Group 1 - Yongtai Technology's wholly-owned subsidiary has received approval for trial production of a lithium battery additive project with an annual capacity of 5,000 tons, set to begin trial production [1] - Mengke Pharmaceutical has decided to terminate its plan to issue shares to a specific entity due to ongoing disagreements among major shareholders, which could impact the company's stable operations [1] - Anhui Construction's subsidiary has been approved to register and issue debt financing tools totaling 15 billion yuan, including 5 billion yuan in short-term financing notes and 10 billion yuan in medium-term notes [2] Group 2 - Koli'er plans to repurchase shares worth between 10 million and 20 million yuan, with a maximum repurchase price of 20.94 yuan per share, to implement an employee stock ownership plan [2] - Xinhua Pharmaceutical has received approval for the production of fumaric acid volnoral raw materials, which are used to treat gastroesophageal reflux disease [3] - Lianhuan Pharmaceutical has received approval for additional specifications of tadalafil tablets, expanding its product offerings for treating erectile dysfunction and benign prostatic hyperplasia [5] Group 3 - Greenland Holdings reported an increase of 1,834 lawsuits with a total amount of 6.587 billion yuan from October 21 to November 13, 2025 [7] - Lianke Technology plans to invest up to 600 million yuan of idle funds in low-risk financial products [8] - Yinglian Co. signed a strategic procurement contract for 5,000 million square meters of composite aluminum foil with a leading new energy technology company [10] Group 4 - China Eastern Airlines reported a 10.58% year-on-year increase in passenger turnover for October, with a capacity increase of 6.84% [12] - China National Airlines reported an 8.7% year-on-year increase in passenger turnover for October, with domestic and international capacity also showing growth [15] - Oupai Home plans to use 320 million yuan of idle funds to purchase structured deposits with expected annual yields between 0.65% and 2.50% [16] Group 5 - Tianwei Food has submitted H-share issuance application materials to the Hong Kong Stock Exchange, which have been accepted by the China Securities Regulatory Commission [18] - Guizhou Aviation plans to establish a subsidiary focused on the research, production, and market expansion of intelligent automotive components, with initial operating funds of 40 million yuan [20] - Daimai Co. plans to invest 100 million yuan to establish a wholly-owned subsidiary in Shanghai focused on robotics technology [22] Group 6 - Founder Securities has received approval to issue company bonds totaling up to 30 billion yuan [24] - Hengrui Medicine has received clinical trial approvals for multiple drugs, indicating ongoing research and development efforts [26] - Zhaojing Pharmaceutical's product ZG006 has received orphan drug designation from the FDA, providing various benefits for its development in the U.S. market [39]

证券代码：603833 证券简称：欧派家居 公告编号：2025-100 转债代码：113655 转债简称：欧 22 转债 欧派家居集团股份有限公司 关于使用闲置募集资金进行现金管理的公告 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： 已履行的审议程序：欧派家居集团股份有限公司（以下简称"公司"）于 2025 年 8 月 8 日召开了第四届董事会第二十六次会议、第四届监事会第十七次 会议，审议通过了《关于使用闲置募集资金进行现金管理的议案》，同意公司使 用总额度不超过人民币 3.5 亿元（含）暂时闲置募集资金适时进行现金管理，决 议有效期自 2025 年 8 月 19 日至 2026 年 8 月 18 日。本事项无需提交公司股东会 审议。 特别风险提示：公司使用暂时闲置募集资金进行现金管理的产品类型虽 然限定为安全性高、风险等级低且期限不超过 12 个月的保本型产品，整体风险 可控，但是相关产品仍可能受宏观经济及金融市场波动影响，存在市场风险、流 动性风险、信用风险等潜在风险因素。公司将根据市场环境动态调整投资 ...

Core Viewpoint - The stock price of Oppein Home has experienced a decline of 21.39% year-to-date, with a recent drop of 2.01% on November 17, 2023, indicating potential challenges in the company's market performance [1]. Company Overview - Oppein Home Group Co., Ltd. is located in Baiyun District, Guangzhou, Guangdong Province, and was established on July 1, 1994. The company was listed on March 28, 2017. Its main business involves personalized design, research and development, production, sales, installation, and interior decoration services for whole-home furniture products [1]. - The company's revenue composition includes: wardrobes and supporting furniture products (51.74%), cabinets (28.80%), wooden doors (6.00%), bathrooms (5.74%), and others (4.69%) [1]. Financial Performance - For the period from January to September 2025, Oppein Home reported operating revenue of 13.214 billion yuan, a year-on-year decrease of 4.79%. The net profit attributable to the parent company was 1.832 billion yuan, down 9.77% year-on-year [2]. - Since its A-share listing, Oppein Home has distributed a total of 7.234 billion yuan in dividends, with 4.249 billion yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders for Oppein Home was 20,700, a decrease of 1.78% from the previous period. The average number of circulating shares per person increased by 1.81% to 29,382 shares [2]. - The top ten circulating shareholders include Hong Kong Central Clearing Limited, which holds 11.1909 million shares (a decrease of 488,600 shares), and several new institutional shareholders such as ICBC Value Selection Mixed A and E Fund Yuxin Bond A [3].

重要内容提示： 基本情况 | 投资金额 | 万元 1,000 | | --- | --- | | 投资种类 | 单位大额存单 | | 资金来源 | 募集资金 | 已履行的审议程序：欧派家居集团股份有限公司（以下简称"公司"） 于 2025 年 8 月 8 日召开了第四届董事会第二十六次会议、第四届监事会第十 七次会议，审议通过了《关于使用闲置募集资金进行现金管理的议案》，同意 公司使用总额度不超过人民币 3.5 亿元（含）暂时闲置募集资金适时进行现金 管理，决议有效期自 2025 年 8 月 19 日至 2026 年 8 月 18 日。本事项无需提 交公司股东会审议。 特别风险提示：公司使用暂时闲置募集资金进行现金管理的产品类型 虽然限定为安全性高、风险等级低且期限不超过 12 个月的保本型产品，整体 风险可控，但是相关产品仍可能受宏观经济及金融市场波动影响，存在市场 风险、流动性风险、信用风险等潜在风险因素。公司将根据市场环境动态调 整投资规模与时机，故短期投资收益存在波动可能。 证券代码：603833 证券简称：欧派家居 公告编号：2025-099 转债代码：113655 转债简称：欧 22 转债 欧派家 ...

Investment Rating - The report maintains a "Buy" rating for the company with a target price not specified [5][4] Core Views - The company reported a revenue of 5 billion yuan in Q3 2025, a decrease of 6% year-on-year, and a net profit of 800 million yuan, down 22% year-on-year [1] - The custom home furnishing industry is facing growth pressures, with weak demand impacting profitability across the sector [1] - The company is implementing a "big home" strategy, focusing on marketing organization reform, supply chain reform, and an incentive mechanism to enhance operational efficiency [1][2] - Despite facing short-term pressure on net profit margins, the company demonstrates resilience and competitive advantages in a challenging market environment [1] Financial Performance Summary - For the first three quarters of 2025, the company achieved a total revenue of 13.2 billion yuan, a decrease of 5% year-on-year, and a net profit of 1.8 billion yuan, down 10% year-on-year [1] - The gross margin for the first nine months of 2025 was 37.19%, an increase of 1.65 percentage points, attributed to supply chain reforms and production efficiency upgrades [2] - The company anticipates pressure on both gross and net margins in 2025 due to fixed cost dilution and will focus on business model transformation to mitigate these impacts [3] Profit Forecast Adjustments - The profit forecast for 2025-2027 has been adjusted, with expected net profits of 2.47 billion yuan, 2.66 billion yuan, and 2.92 billion yuan respectively [4]

Core Viewpoint - The announcement from Oppein Home indicates a change in the designated sponsor representative for ongoing supervision of the company’s convertible bonds, ensuring continuity in oversight responsibilities [2] Group 1: Company Announcement - Oppein Home announced on November 12 that it received a letter from its sponsor, Guotai Junan Securities, regarding the replacement of the ongoing supervision representative [2] - The original representatives, Xia Qi and Li Ning, were responsible for the supervision of the company’s ongoing operations since September 1, 2022, until December 31, 2023 [2] - Due to a job change, Xia Qi will no longer fulfill his supervisory duties, and Zhang Li has been appointed to take over these responsibilities [2]

欧派家居集团股份有限公司 关于变更保荐代表人的公告 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。 证券代码:603833 证券简称:欧派家居 公告编号: 2025-098 转债代码:113655 转债简称:欧 22 转债 特此公告。 欧派家居集团股份有限公司董事会 2025 年 11 月 13 日 附件：张力先生简历 张力先生，中国国籍，保荐代表人；现任国泰海通证券投资银行董事总经理； 先后负责和参与了珈伟股份、欧派家居、深南电路、锐科激光、嘉必优、正弦电 气、特发服务、亿道信息 IPO 等项目；冀中能源可转债、深能源集团整体上市、 中兴通讯分离交易可转债、海南橡胶非公开增发、格林美公司债、欧派家居可转 债、深南电路可转债、明阳电路可转债等再融资项目；广州药业吸收合并白云山 （A+H）、深天马重大资产重组、珈伟股份重大资产重组、南华仪器重大资产重 组等财务顾问项目。张力先生在保荐业务执行过程中严格遵守《证券发行上市保 荐业务管理办法》等相关规定，执业记录良好。 欧派家居集团股份有限公司（以下简称"公司"） 于 2025 年 ...

Core Insights - The home furnishing industry is experiencing a pronounced "Matthew Effect," with leading companies outperforming while smaller firms struggle [1][8] - The top ten listed home furnishing companies reported a combined revenue of 1158.47 billion yuan for the first three quarters, reflecting a slight year-on-year decline of approximately 0.5% [2][3] - Despite some companies showing growth, the overall trend in the industry remains downward, with many firms facing significant revenue drops [4][6] Group 1: Revenue Performance - Dongfang Yuhong leads the industry with a revenue of 206 billion yuan, followed closely by Beixin Building Materials at 199.05 billion yuan [2] - Companies like Kuka Home and Oppein Home also reported revenues exceeding 100 billion yuan, indicating strong positions in their respective segments [1] - The revenue gap widens significantly after the top four, with the fifth-ranked Sanjiasu failing to reach the 100 billion yuan mark [1][2] Group 2: Industry Trends - The overall revenue of the top ten companies has decreased compared to the previous year, with six out of ten companies reporting a year-on-year decline [3][4] - The National Building Materials Home Furnishing Market Index (BHI) indicates a slight improvement in market conditions, but the year-on-year decline persists [3] - The sales revenue of large-scale building materials and home furnishing markets in September was 1308.38 billion yuan, showing a month-on-month increase but a year-on-year decline of 8.02% [4] Group 3: Strategic Adjustments - Companies are increasingly focusing on international expansion as a key strategy for growth, with Kuka Home planning a significant investment in Indonesia [5][6] - Dongfang Yuhong has also pursued overseas opportunities, including acquisitions in Hong Kong and Malaysia, indicating a shift towards global markets [6] - The differentiation between leading and trailing companies is becoming more pronounced, with top firms leveraging brand strength and market channels to capture greater market share [7][8] Group 4: Market Dynamics - The building materials sector is particularly affected by the downturn in the real estate market, with leading companies showing resilience while smaller firms struggle [7][9] - The disparity in performance among companies is attributed to differences in market positioning and channel strategies, with stronger firms benefiting from robust distribution networks [9] - The ongoing demand for home renovation and upgrades presents opportunities for growth, even amid overall market challenges [8][9]

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： 一、本次使用部分闲置募集资金进行现金管理到期赎回的情况 欧派家居集团股份有限公司（以下简称"公司"）于 2025 年 10 月 14 日披露 了《欧派家居关于使用闲置募集资金进行现金管理的进展公告》（公告编号： 2025-088），公司对暂时闲置的募集资金人民币 34,000 万元进行了现金管理。2025 年 11 月 11 日，公司购买的 34,000 万元单位大额存单已到期赎回，募集资金本 金及其产生的收益已全部到账，并存放于募集资金专用账户，具体情况如下： 单位：万元 | 受托方 | 产品名称 | 投入 | 预计年 化收益 | 起息日 | 到期日 | 赎回 | 实际年 化收益 | 实际 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 名称 | | 金额 | 率 | | | 金额 | 率 | 收益 | | 中国建设 | 单位大额存单 | | | 2025年 | 2025年 | | | | ...