Core Viewpoint - The company announces the redemption and conversion details of its convertible bonds, "好客转债," which will cease trading on July 29, 2025, and will be redeemed at a price of 110 RMB per bond on August 1, 2025 [1][2][4]. Group 1: Redemption Plan - The company will redeem all unconverted "好客转债" at 110% of the bond's face value, amounting to 110 RMB per bond, including the last interest payment [2][4]. - The redemption will occur within five trading days after the bonds mature [2]. Group 2: Trading and Conversion Dates - "好客转债" will stop trading on July 29, 2025, with the last trading day being July 28, 2025 [3][5]. - Holders can still convert their bonds into company stock from July 29 to July 31, 2025 [3]. Group 3: Important Dates - The maturity and redemption registration date for "好客转债" is July 31, 2025 [3][5]. - The funds for the redemption will be issued on August 1, 2025 [4][5]. - The bonds will be delisted from the Shanghai Stock Exchange on August 1, 2025 [6].

| 证券代码：603898 | 证券简称：好莱客 | 公告编号：2025-029 | | --- | --- | --- | | 债券代码：113542 | 债券简称：好客转债 | | 根据《上市公司证券发行管理办法》《上海证券交易所股票上市规则》及公 司《可转换公司债券募集说明书》（以下简称"募集说明书"），现将"好客转债" 到期兑付摘牌事项提示公告如下： 可转债到期日和兑付登记日：2025 年 7 月 31 日 兑付本息金额：110.00 元人民币/张（含最后一期利息、含税） 兑付资金发放日：2025 年 8 月 1 日 可转债摘牌日：2025 年 8 月 1 日 可转债最后交易日：2025 年 7 月 28 日 可转债最后转股日：2025 年 7 月 31 日 一、兑付方案 根据《募集说明书》的有关约定，在本次发行的可转债到期后五个交易日内， 公司将按债券面值的 110%（含最后一期利息）的价格赎回全部未转股的可转债。 "好客转债"到期兑付本息金额为 110 元人民币/张（含税）。 广州好莱客创意家居股份有限公司 关于"好客转债"到期兑付暨摘牌的第一次提示性公告 本公司董事会及全体董事保证本公告内容不存 ...

Core Viewpoint - The credit rating report for Guangzhou Holike Creative Home Co., Ltd. indicates a stable credit outlook, reflecting the company's strong cash generation ability and manageable debt risk despite facing challenges from declining revenue and profitability in a competitive industry environment [3][6][7]. Financial Performance - As of March 2025, the company's total assets amounted to 45.79 billion, with equity attributable to shareholders at 31.33 billion and total debt at 6.90 billion [3][4]. - The company's revenue for 2024 was reported at 3.91 billion, a decline from 22.65 billion in 2023, while net profit dropped to 0.02 billion from 2.17 billion in the previous year [4][6]. - The operating cash flow showed a negative net amount of -1.20 billion in 2024, contrasting with a positive 3.93 billion in 2023 [4][6]. Market Position and Strategy - The company maintains a significant number of retail stores, totaling 1,857 by the end of 2024, which positions it competitively within the industry [6][15]. - The overall wardrobe products continue to be the primary source of revenue, contributing over 70% to the company's income [14][18]. - The company is actively expanding its presence in the integrated and bulk business channels, with revenue from these segments growing significantly [19][18]. Industry Challenges - The custom home furnishing industry is currently experiencing a downturn due to insufficient demand and intensified competition, leading to a decline in revenue and profitability for many companies [9][12]. - The industry is transitioning towards a one-stop shopping model, with companies focusing on a full-category approach to capture structural growth opportunities, although short-term profitability remains under pressure [12][9]. Future Outlook - The credit rating agency has assigned a stable outlook for the company, indicating confidence in its market foundation and cash generation capabilities despite the ongoing challenges [7][6]. - The company is expected to continue facing pressure on its revenue and profitability due to the current economic environment and industry dynamics [21][19].

|  | 前次债券评级：AA | 主体评级：AA | 评级展望：稳定 | | --- | --- | --- | --- | |  | 本次债券评级：AA | 主体评级：AA | 评级展望：稳定 | 根据中国证券监督管理委员会《上市公司证券发行管理办法》《上海证券交 易所公司债券上市规则》《上海证券交易所股票上市规则》等有关规定，广州好 莱客创意家居股份有限公司（以下简称"公司"）委托信用评级机构中证鹏元资 信评估股份有限公司（以下简称"中证鹏元"）对公司2019年8月1日发行的可转 换公司债券（以下简称"好客转债"）进行了跟踪信用评级。 好客转债前次信用评级结果为AA，公司主体信用评级结果为AA，评级展望 为稳定；评级机构为中证鹏元，评级时间为2024年6月20日。 中证鹏元在对公司经营状况及行业相关情况进行综合分析与评估的基础上， 于2025年6月24日出具了《广州好莱客创意家居股份有限公司相关债券2025年跟 踪评级报告》，本次好客转债信用等级维持为AA，公司主体信用等级维持为AA， 评级展望维持为稳定。本次评级结果较前次没有变化。 | 证券代码：603898 | 证券简称：好莱客 | 公告编号：2 ...

广州好莱客创意家居股份有限公 司相关债券2025年跟踪评级报告 中鹏信评【2025】跟踪第【349】号 01 本评级机构依据内部信用评级标准和工作程序对评级结果作出独立判断，不受任何组织或个人的影响。 本评级报告观点仅为本评级机构对评级对象信用状况的个体意见，不作为购买、出售、持有任何证券的 建议。本评级机构不对任何机构或个人因使用本评级报告及评级结果而导致的任何损失负责。 本次评级结果自本评级报告所注明日期起生效，有效期为被评证券的存续期。同时，本评级机构已对受 评对象的跟踪评级事项做出了明确安排，并有权在被评证券存续期间变更信用评级。本评级机构提醒报 告使用者应及时登陆本公司网站关注被评证券信用评级的变化情况。 本评级报告版权归本评级机构所有，未经授权不得修改、复制、转载和出售。除委托评级合同约定外， 未经本评级机构书面同意，本评级报告及评级结论不得用于其他债券的发行等证券业务活动或其他用途。 中证鹏元资信评估股份有限公司 信用评级报告声明 除因本次评级事项本评级机构与评级对象构成委托关系外，本评级机构及评级从业人员与评级对象不存 在任何足以影响评级行为独立、客观、公正的关联关系。 本评级机构与评级从业人 ...

证券代码：603898 证券简称：好莱客 公告编号：2025-027 A 股每股现金红利0.078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 | 2025/6/12 | － | 2025/6/13 | 2025/6/13 | | ? 差异化分红送转： 否 一、 通过分配方案的股东大会届次和日期 债券代码：113542 债券简称：好客转债 广州好莱客创意家居股份有限公司 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 本次利润分配方案经公司2025 年 5 月 20 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。 本次利润分配以方案实施前的公司总股本311,284,713股为基数，每股派发现 金红利 ...

| 证券代码：603898 | 证券简称：好莱客 | 公告编号：2025-026 | | --- | --- | --- | | 债券代码：113542 | 债券简称：好客转债 | | 广州好莱客创意家居股份有限公司 关于 2024 年年度权益分派调整可转债转股价格的公告 根据公司《公开发行可转换公司债券募集说明书》的发行条款约定，在"好 客转债"发行后，若公司发生派送红股、转增股本、增发新股（不包括因本次发 行的可转换公司债券转股而增加的股本）、配股以及派发现金股利等情况，将按下 述公式进行转股价格的调整（保留小数点后两位，最后一位四舍五入）： 派送红股或转增股本：P1＝P0/（1+n）； "好客转债"调整前转股价格：11.00 元/股 "好客转债"调整后转股价格：10.92 元/股 "好客转债"本次转股价格调整实施日期：2025 年 6 月 13 日 证券停复牌情况：适用 增发新股或配股：P1＝（P0+A×k）/（1+k）； 上述两项同时进行：P1＝（P0+A×k）/（1+n+k）； 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 ...

| 证券代码：603898 | 证券简称：好莱客 | 公告编号：2025-027 | | --- | --- | --- | | 债券代码：113542 | 债券简称：好客转债 | | 广州好莱客创意家居股份有限公司 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0.078元 相关日期 2. 分派对象： 3. 分配方案： | 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 | 2025/6/12 | － | 2025/6/13 | 2025/6/13 | 差异化分红送转： 否 一、通过分配方案的股东大会届次和日期 本次利润分配方案经公司2025 年 5 月 20 日的2024年年度股东大会审议通过。 二、分配方案 1. 发放年度：2024年年度 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" ...

Core Viewpoint - The strategic partnership between Haoleke's subsidiary HeMi Technology and Jixiang Technology aims to innovate IoT communication technology in the smart home sector, focusing on the development of TPUNB technology to promote domestic IoT solutions [1][4]. Group 1: Company Collaboration - HeMi Technology was established in March this year by Haoleke, Haotaitai, and Fengzhushou, focusing on innovative technology in the smart home field [3]. - The collaboration will integrate Jixiang Technology's communication technology with HeMi Technology's smart home resources to develop TPUNB technology [4]. - The partnership is expected to leverage both companies' strengths, with HeMi Technology providing a smart home product matrix and Jixiang Technology offering advanced IoT communication capabilities [4]. Group 2: Technology Development - TPUNB technology represents a comprehensive IoT narrowband communication system designed from the physical layer to the platform layer, featuring low power consumption and high security [4]. - Jixiang Technology utilizes a proprietary low-power wide-area IoT technology for ultra-long-distance wireless transmission, breaking foreign technology monopolies and achieving independent innovation in China [3][4]. - The collaboration aims to create a secure IoT private network that supports numerous sensing terminals with ultra-low power connections, enhancing the smart home experience [4]. Group 3: Market Impact - The strategic cooperation is anticipated to drive innovation and application of smart home IoT technology, meeting the diverse needs of consumers [4]. - The partnership seeks to create a new ecosystem of interconnected devices, enhancing the overall market landscape for smart home solutions [4].

Group 1 - The company will stop the conversion of its convertible bonds, "Hao Ke Convertible Bonds," from June 5, 2025, until the equity distribution registration date [1][2] - The board of directors approved a cash dividend distribution of 0.078 yuan per share (including tax) based on the total share capital registered on the equity distribution registration date [1][2] - The company will announce the implementation of the equity distribution and the adjustment of the conversion price for "Hao Ke Convertible Bonds" on June 6, 2025 [2] Group 2 - Holders of "Hao Ke Convertible Bonds" can convert their bonds into shares until June 4, 2025, to enjoy the equity distribution [2] - The company will adjust the conversion price of "Hao Ke Convertible Bonds" according to the terms outlined in the bond issuance prospectus after the equity distribution [2]