证券代码：688169 证券简称：石 头 科 技 公告编号：2025-051 北京石头世纪科技股份有限公司 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： ? 本次会议是否有被否决议案：无 一、 会议召开和出席情况 （一） 股东会召开的时间：2025 年 6 月 23 日 （二） 股东会召开的地点：北京市昌平区安居路 17 号院 3 号楼石 头 科 技大厦会 议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： 普通股股东人数 318 普通股股东所持有表决权数量 72,300,520 例（%） 普通股股东所持有表决权数量占公司表决权数量的比例（%） 39.1303 （四） 表决方式是否符合《公司法》及公司章程的规定，大会主持情况等。 本次会议由公司董事会召集，经半数以上董事共同推举，董事孙佳女士主持 会议。会议采用现场投票和网络投票相结合的表决方式。本次股东会的召集、召 开程序及表决程序符合《中华人民共和国公司法》 《上市公司股东会规则》 《北京 石头世纪科技 ...

不减持公司股份的公告 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、准确性和完整性依法承担法律责任。 证券代码：688169 证券简称：石头科技 公告编号：2025-052 北京石头世纪科技股份有限公司 关于控股股东、实际控制人自愿承诺 | 序号 | 股东名称 | 持股数量（股） | 持股比例 | | --- | --- | --- | --- | | 1 | 昌敬 | 38,841,008 | 21.01% | 公司董事会将对上述承诺事项的履行情况进行持续监督并及时履行信息披 露义务。 特此公告。 北京石头世纪科技股份有限公司董事会 2025 年 6 月 24 日 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 北京石头世纪科技股份有限公司（以下简称"公司"）于 2025 年 6 月 23 日收到公司控股股东、实际控制人昌敬先生出具的《关于自愿承诺未来十二个月 不减持公司股份的承诺函》，现将相关情况公告如下： 基于对公司未来发展前景的信心和对公司长期价值的认可，同时为增强广大 投资者信心，切实维护投资者权益和资本市场的稳定，公司控股 ...

北京市通商律师事务所 关于北京石头世纪科技股份有限公司 2025 年第二次临时股东会的 法律意见书 二〇二五年六月 中国北京市建国门外大街 1 号国贸写字楼 2 座 12-15 层 100004 12-15th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijing 100004, China 电话 Tel: +86 10 6563 7181 传真 Fax: +86 10 6569 3838 电邮 Email: beijing@tongshang.com 网址 Web: www.tongshang.com 北京市通商律师事务所 关于北京石头世纪科技股份有限公司 2025 年第二次临时股东会的 法律意见书 致：北京石头世纪科技股份有限公司 根据《中华人民共和国律师法》《中华人民共和国公司法》（以下简称"《公司法》"）、 《中华人民共和国证券法》《上市公司股东会规则》（以下简称"《股东会规则》"） 等法律、法规和规范性文件以及《北京石头世纪科技股份有限公司章程》（以下简称"《公 司章程》"）的规定，北京市通商律师事务所（以下简称"本所"）接 ...

证券代码：688169 证券简称：石头科技 公告编号：2025-051 北京石头世纪科技股份有限公司 2025年第二次临时股东会决议公告 本公司董事会及全体董事保证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、准确性和完整性依法承担法律责任。 重要内容提示： 本次会议是否有被否决议案：无 一、 会议召开和出席情况 1、 公司在任董事6人，出席6人，董事候选人也出席了会议； 2、 公司在任监事3人，出席3人； 3、 董事会秘书孙佳女士出席会议，副总经理全刚先生、钱启杰先生及财务总监 王璇女士列席会议。 （一） 股东会召开的时间：2025 年 6 月 23 日 （二） 股东会召开的地点：北京市昌平区安居路 17 号院 3 号楼石头科技大厦会 议室 （三） 出席会议的普通股股东、特别表决权股东、恢复表决权的优先股股东及 其持有表决权数量的情况： | 1、出席会议的股东和代理人人数 | 318 | | --- | --- | | 普通股股东人数 | 318 | | 2、出席会议的股东所持有的表决权数量 | 72,300,520 | | 普通股股东所持有表决权数量 | 72,300,520 ...

Group 1 - The controlling shareholder and actual controller of Stone Technology, Chang Jing, has committed not to reduce his shareholding in the company for the next 12 months starting from June 23, 2025 [1] - The commitment includes adherence to the non-reduction promise in the event of capital reserve conversion into share capital, stock dividends, or rights issues that generate new shares [1] - As of the announcement date, Chang Jing holds 38,841,008 shares, representing a 21.01% stake in the company [1]

A股市场迎来一波"红包雨"，就在本周，超三百家上市公司的年报分红到账。 Wind统计显示，6月23日至6月27日（统计期间，下同），牧原股份（002714.SZ）、贵州茅台 （600519.SH）等约350家A股公司，将实施年报分红派息，分红总额合计超2050亿元。其中，发出百 亿"现金红包"的有中国石油（601857.SH）、中远海控（601919.SH）等。 政策引导之下，前期，今年年报季里，千余家A股公司披露分红预案。年报季收官之后，这些分红承诺 陆续得到兑现。本月以来，年报分红派息步入实施高峰期，数据显示，月内已有超1200家A股公司完成 派息。 这波"分红雨"将持续到月底。据披露，6月30日当天还将有中国平安（601318.SH）、华安证券 （600909.SH）等超20家公司将进行派息。 年报分红派息步入实施高峰期。 除此之外，周内实施派息的公司中，海大集团（002311.SZ）、中国国贸（600007.SH）等每股派息金 额，也均超过1元。 哪些公司将大额分红？统计期间，中国石油将派发的"现金红包"最大，分红总额457.55亿元。紧随其 后，还有3家公司分红总额超过百亿，为贵州茅台（346.71 ...

沪指6月23日上涨0.65%，申万所属行业中，今日上涨的有28个，涨幅居前的行业为计算机、国防军 工，涨幅分别为2.25%、1.97%。跌幅居前的行业为食品饮料、家用电器、钢铁，跌幅分别为0.80%、 0.43%、0.11%。家用电器行业位居今日跌幅榜第二。 资金面上看，两市主力资金全天净流入76.70亿元，今日有18个行业主力资金净流入，计算机行业主力 资金净流入规模居首，该行业今日上涨2.25%，全天净流入资金31.75亿元，其次是电力设备行业，日涨 幅为1.13%，净流入资金为18.25亿元。 主力资金净流出的行业有13个，通信行业主力资金净流出规模居首，全天净流出资金16.79亿元，其次 是机械设备行业，净流出资金为13.16亿元，净流出资金较多的还有食品饮料、传媒、轻工制造等行 业。 家用电器行业资金流向排名 | 代码 | 简称 | 今日涨跌幅（%） | 今日换手率（%） | 主力资金流量（万元） | | --- | --- | --- | --- | --- | | 002050 | 三花智控 | -1.80 | 2.06 | -15759.97 | | 688169 | 石头科技 | -3.62 ...

Flash | 19 Jun 2025 10:02:24 ET │ 12 pages Beijing Roborock (688169.SS) Model Update CITI'S TAKE We update our model to reflect its better-than-expected sales and weaker-than-expected NP in 1Q25. We have lifted our sales forecasts by 33%/44% and trimmed NP forecasts by 20%/10% in 25E/26E, to reflect Roborock's plans to accelerate investment into its branding and new categories in 25E. After our earnings revision, we expect its 25E topline to surge 53% YoY and 25E NP to edge up 2% YoY. While we expect NP to ...

Core Viewpoint - The robotic vacuum cleaner industry is experiencing intense competition, characterized by both a "red ocean" of price wars and a "blue ocean" of growth potential due to low market penetration and attractive profit margins [1][3][4]. Group 1: Market Dynamics - The market for robotic vacuum cleaners has transitioned from a conceptual phase to a mature phase, with leading brands like Ecovacs, Roborock, and Xiaomi dominating 89.2% of the market share [3][4]. - The penetration rate in the domestic market is only about 6%, indicating significant room for growth, with projections for retail sales to reach 19.36 billion yuan in 2024, a 41.1% increase year-on-year [4][9]. - The recent price reductions during promotional events, such as the "618" sales, reflect the competitive landscape, where prices for high-end models have dropped from 5,000-6,000 yuan to around 3,000-4,000 yuan [3][4]. Group 2: Competitive Landscape - New entrants like DJI are entering the market with strong technological advantages, leveraging their expertise in drone technology for robotic vacuum applications [3][4]. - Traditional appliance giants like Midea are also investing in robotic vacuum technology despite initial losses, indicating a long-term strategic vision for this emerging industry [4][11]. - The industry is characterized by a dual focus on technological innovation and price competition, with companies like Roborock and Chase actively developing advanced features such as AI navigation and mechanical arms [8][9]. Group 3: Technological Advancements - The introduction of features like bionic mechanical arms and AI capabilities is reshaping consumer expectations, moving from basic cleaning functions to integrated smart home solutions [7][11]. - The competition has led to a "technology arms race," where companies are rapidly innovating to differentiate their products, although many innovations are incremental rather than groundbreaking [8][9]. - The shift from robotic vacuums as mere cleaning tools to integral components of smart home ecosystems is becoming evident, with companies aiming to position their products as multifunctional household assistants [11][12]. Group 4: Financial Performance - Roborock reported a revenue of 11.945 billion yuan in 2024, a 38.03% increase, but faced a decline in net profit by 3.64% to 1.977 billion yuan, highlighting the financial pressures of balancing innovation and competitive pricing [9][12]. - The gross margin for Roborock's vacuum cleaners remains above 50%, despite a slight decrease, indicating that profitability is still viable even in a competitive pricing environment [12]. Group 5: Global Expansion - Companies are increasingly looking to international markets for growth, with regions like Europe and North America presenting higher demand and profitability compared to the domestic market [13]. - Roborock has surpassed iRobot in sales volume and revenue in 2024, marking a significant achievement in the global market [13]. - Chase has expanded its overseas business rapidly, with a nearly 700% increase in revenue from international markets in 2024 [13].

Core Viewpoint - Stone Technology plans to issue shares overseas and list on the Hong Kong Stock Exchange to expand financing channels and optimize its capital structure, aiming to support its business expansion and enhance financial stability [2][4] Financing and Market Conditions - The company aims to leverage the Hong Kong market for broader financing opportunities, which is seen as a favorable listing window due to recent market recovery and supportive government policies [2][5] - Stone Technology's revenue is projected to grow steadily from 66.29 billion yuan in 2022 to 119.45 billion yuan in 2024, with a significant increase of 86.22% in Q1 2025 compared to the same period last year [2][3] Business Performance - In 2024, Stone Technology reported a revenue of 119.45 billion yuan, a 38% increase year-on-year, while net profit decreased by 3.64% to 19.77 billion yuan [3] - The company sold 3.45 million robotic vacuum cleaners in 2024, achieving a 32.9% year-on-year growth, holding a 16% market share globally, ranking second after iRobot [5][6] Strategic Goals - The listing is expected to enhance global brand recognition and competitiveness, allowing the company to tap into international markets and attract diverse investors [4][6] - Stone Technology plans to deepen its global strategy, diversify its product offerings, and strengthen supply chain integration to improve operational efficiency and profitability [6][7] Product and Service Development - The company aims to innovate and expand its product range beyond robotic vacuums and washing machines to include other smart appliances, enhancing user experience through advanced technology [6][7] - Emphasis will be placed on brand building and service quality to increase customer loyalty and trust, alongside a commitment to data security and privacy protection [7][8]