Investment Rating - The investment rating for the company is "Buy-A" with a target price of 23.77 CNY, based on a 40x PE for 2026 [3][5]. Core Insights - The company is positioned as a leader in the smart drying rack industry, benefiting from ongoing national subsidies that are expected to catalyze demand and optimize industry dynamics in 2026 [2]. - Despite a challenging consumer market, the company achieved revenue growth in Q3 by optimizing its channel structure and enhancing operational efficiency, focusing on a full-channel sales model that integrates online and offline strategies [3]. - Revenue projections for the company are estimated at 1.652 billion CNY in 2025, 1.768 billion CNY in 2026, and 1.940 billion CNY in 2027, with corresponding net profits of 217 million CNY, 240 million CNY, and 265 million CNY respectively [3][5]. Financial Summary - The company's revenue growth rates are projected at 6.12% for 2025, 6.99% for 2026, and 9.76% for 2027, while net profit growth rates are expected to be -12.69% for 2025, 10.64% for 2026, and 10.36% for 2027 [3][5]. - The estimated PE ratios are 35.2x for 2025, 31.8x for 2026, and 28.8x for 2027, indicating a gradual decrease in valuation multiples over the forecast period [5][9]. - The company’s net profit margin is projected to stabilize around 13.6% in 2026 and 13.7% in 2027, reflecting a focus on maintaining profitability amidst revenue growth [9].

在消费市场尚未回暖的背景下，公司紧扣主业，以技术迭代对冲需求收缩，通过渠道结构优化与效率提 升稳住经营基本盘，实现Q3 单季增长与边际改善。公司坚持全渠道销售模式，线上巩固电商优势并发 力内容电商，线下推进门店标准化与新渠道布局，加速线上线下融合与数字化赋能。产品方面聚焦智能 家居赛道，依托研发闭环与场景化套系打法覆盖全价格带，牵引技术迭代。公司将继续深化供应链协同 与技术创新，提升盈利能力和品牌竞争力。 26 年国补持续，行业格局有望持续优化 2026 年，中央将家电统一补贴缩至6 类，仅对1 级及以上能效或水效标准产品按15%补贴、单件上限 1500 元，政策明确"支持智能家居(含适老化家居)购新"，具体品类与标准下放地方自主制定，是否享受 补贴取决于各地智能家居细则，呈现区域化、差异化特征。2026 年国补第一批额度为625 亿元，公司作 为智能晾晒行业龙头，将有望进一步巩固其领先地位并带动份额提升。 持续优化线下渠道，Q3 营收逆势增长 投资建议：好太太以领先技术持续构建智能家居核心竞争力，进一步丰富全屋智能产品套系，随着省运 营平台持续建设、线上渠道加速拓展、工程渠道结构优化，公司有望实现稳健增长。 ...

证券之星消息，1月27日家居用品板块较上一交易日下跌0.5%，美克家居领跌。当日上证指数报收于 4139.9，上涨0.18%。深证成指报收于14329.91，上涨0.09%。家居用品板块个股涨跌见下表： | 代码 | 名称 | 收盘价 | 涨跌幅 | 成交量(手) | 成交额(元) | | --- | --- | --- | --- | --- | --- | | 600337 | 美克家居 | 2.83 | -4.07% | 65.91万 | 1.86亿 | | 603216 | 梦天家居 | 49.16 | -3.98% | 7.78万 | - 3.83 Z | | 301055 | 张小泉 | 22.34 | -3.71% | 3.92万 | 8795.53万 | | 603848 | 好太太 | 18.20 | -3.60% | 4.66万 | 8481.73万 | | 001356 | 富岭股份 | 12.69 | -3.50% | 10.10万 | 1.29 乙 | | 603268 | *ST松发 | 82.39 | -3.07% | 2.32万 | 1.92亿 | | 300749 | 顶固隻 ...

1月23日，好太太盘中上涨2.16%，截至13:05，报19.89元/股，成交3499.89万元，换手率0.45%，总市值 80.04亿元。 资金流向方面，主力资金净流入180.57万元，大单买入491.47万元，占比14.04%，卖出310.90万元，占 比8.88%。 机构持仓方面，截止2025年9月30日，好太太十大流通股东中，香港中央结算有限公司位居第七大流通 股东，持股63.68万股，为新进股东。博时精选混合A（050004）退出十大流通股东之列。 责任编辑：小浪快报 好太太今年以来股价涨8.87%，近5个交易日涨4.57%，近20日涨7.28%，近60日跌4.38%。 资料显示，广东好太太科技集团股份有限公司位于广东省广州市番禺区化龙镇石化路21号之一,之二,广 州市番禺区化龙镇金阳二路12号,14号，成立日期2005年1月5日，上市日期2017年12月1日，公司主营业 务涉及智能晾晒和智能安防产品的研发、制造和销售。主营业务收入构成为：智能家居产品84.03%， 晾衣架产品10.73%，其他产品2.98%，其他(补充)2.26%。 好太太所属申万行业为：轻工制造-家居用品-成品家居。所属概念板块 ...

Group 1 - The company announced a share reduction plan by its directors and senior management due to personal financial needs [2][3] - Director Zhou Liang holds 188,430 shares, representing 0.0468% of the total share capital, while executive Xiao Juan holds 510,000 shares, representing 0.1267% [2] - Zhou Liang plans to reduce up to 47,107 shares (0.0117% of total shares) and Xiao Juan plans to reduce up to 127,500 shares (0.0317% of total shares) within three months after a 15 trading day period [3] Group 2 - The company has approved the use of idle self-owned funds for cash management, with a total investment amount of RMB 50 million [14] - The investment is aimed at enhancing the efficiency of fund usage and increasing investment returns without affecting normal operations [14][21] - The investment will be in low-risk financial products with a term of 130 days, linked to currency appreciation [16] Group 3 - The company has changed its signing project partner and quality control reviewer for the 2025 annual audit, appointing Zhang Teng and Xia Fubiao respectively [26][27] - Both new appointees have extensive experience in auditing and have not faced any disciplinary actions in the past three years [29] - The change is expected to have no adverse impact on the company's 2025 financial report and internal control audit [29]

Summary of Key Points Core Viewpoint - The company, Haotaitai (603848.SH), announced that two executives plan to reduce their shareholdings due to personal financial needs, with specific limits on the number of shares to be sold [1]. Group 1: Executive Share Reduction - Executive Zhou Liang intends to reduce his holdings by up to 47,107 shares, representing approximately 0.0117% of the company's total share capital [1]. - Executive Xiao Juan plans to reduce her holdings by up to 127,500 shares, which accounts for about 0.0317% of the company's total share capital [1].

广东好太太科技集团股份有限公司 董事、高级管理人员减持股份计划公告 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： 董事、高级管理人员持股的基本情况 截至本减持计划披露日，广东好太太科技集团股份有限公司（以下简称"公 司"）董事兼高管周亮先生直接持有公司股份 188,430 股，占公司总股本的比例 为 0.0468%；高管肖娟女士直接持有公司股份 510,000 股，占公司总股本的比例 为 0.1267%。 减持计划的主要内容 周亮先生因个人资金需求，拟自本公告披露日起 15 个交易日后的 3 个月内 （窗口期不减持）通过集中竞价方式减持不超过 47,107 股，减持股份约占公司 当前总股本的 0.0117%。肖娟女士因个人资金需求，拟自本公告披露日起 15 个 交易日后的 3 个月内（窗口期不减持）通过集中竞价方式减持不超过 127,500 股，减持股份约占公司当前总股本的 0.0317%。 | 股东名称 | 周亮 | | | | --- | --- | --- | --- | | 股东身份 | 控 ...

证券代码：603848 证券简称：好太太 公告编号：2026-001 广东好太太科技集团股份有限公司 关于年度审计机构变更签字项目合伙人、 质量控制复核人的公告 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个别及连带责任。 广东好太太科技集团股份有限公司（以下简称"公司"）于 2025 年 4 月 24 日召开第三届董事会第二十次会议，于 2025 年 5 月 16 日召开 2024 年年度股东 会，审议通过了《关于续聘公司 2025 年度审计机构的议案》，同意续聘广东司 农会计师事务所（特殊普通合伙）（以下简称"司农事务所"）为公司提供 2025 年度财务报告及内部控制的审计服务。具体内容详见公司刊登在《中国证券报》 《上海证券报》《证券时报》《证券日报》及上海证券交易所（www.sse.com.cn） 上的《广东好太太科技集团股份有限公司关于续聘 2025 年度审计机构的公告》 （公告编号：2025-017）。 签字项目合伙人张腾、项目质量控制复核人夏富彪不存在违反《中国注册会 计师职业道德守则》对独立性要求的情形。 二、本次变更 ...

证券代码：603848 证券简称：好太太 公告编号：2026-002 广东好太太科技集团股份有限公司 关于使用闲置自有资金委托理财的公告 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。 已履行的审议程序 广东好太太科技集团股份有限公司（以下简称"公司"）第三届董事会第二 十次会议、第三届监事会第二十次会议及 2024 年年度股东会分别审议通过了《关 于公司使用闲置自有资金进行现金管理的议案》。 特别风险提示 公司本次购买的理财产品为安全性高、流动性好的中低风险理财产品，但可 能存在市场风险、流动性风险、信用风险及其他风险，受各种风险影响，理财产 品的收益率可能会产生波动，理财收益具有不确定性。敬请广大投资者注意风险。 一、投资情况概述 （一）投资目的 公司坚持规范运作，防范风险，为实现资产的保值增值，确保不影响公司正 常运营的前提下，使用闲置自有资金购买理财产品，有利于盘活闲置资金，提高 资金使用效率，降低财务成本，增加投资收益，为公司及股东谋取更多的投资回 报。 （二）投资金额 重要内容提示： 基本情况 | 投资金额 | 5 ...

Core Viewpoint - The company, Guangdong Haotaitai Technology Group Co., Ltd., has announced the use of idle self-owned funds for wealth management, aiming to enhance asset value and improve fund utilization efficiency while ensuring normal operations are not affected [1][4]. Investment Overview - **Investment Purpose**: The company aims to use idle self-owned funds to purchase wealth management products to enhance asset value, improve fund utilization efficiency, reduce financial costs, and increase investment returns for the company and its shareholders [4]. - **Investment Amount**: The total amount for purchasing wealth management products is RMB 50 million [5]. - **Source of Funds**: The funds used for this investment are derived from idle self-owned funds generated from the company's operating activities [6]. - **Investment Product**: The company will invest in a structured deposit linked to gold (AU9999) from China Minsheng Bank, with an investment period from December 30, 2025, to April 2, 2026 [7]. Review Procedures - The investment proposal was approved during the 20th meeting of the third board of directors and the third supervisory board, as well as the 2024 annual shareholders' meeting [2][9]. Risk Analysis and Control Measures - **Risk Analysis**: The purchased wealth management products are categorized as high safety and liquidity, but they may still face market, liquidity, credit, and other risks, leading to potential fluctuations in returns [3][10]. - **Control Measures**: 1. The management will adhere to prudent investment principles, selecting reputable and capable issuers of low-risk products [11]. 2. The company will continuously monitor the net value changes of the products and take timely measures to mitigate risks if necessary [11]. 3. Independent directors and the audit committee will supervise the use of funds and may hire professional institutions for audits if needed [12]. Impact on the Company - The investment will not affect the normal operations of the company's main business while improving the efficiency of idle self-owned funds and generating certain investment returns, aligning with shareholder interests [13].