Core Viewpoint - Midea Group is actively responding to the national policy of replacing old appliances with new ones, planning extensive promotional activities in 2024-2025 to enhance customer engagement and service offerings [1] Group 1: Replacement Activities - The company will conduct thousands of special replacement activities as part of its initiative to promote the old-for-new policy [1] - Midea will provide additional quality service benefits, including installation packages for air conditioners and free cleaning services for home appliances [1] Group 2: Promotional Events - At the beginning of 2026, Midea has initiated a group buying event in collaboration with local shopping malls to promote New Year goods [1] - The company plans to carry out regional replacement and benefit activities during January and February [1]

证券代码：000333 证券简称：美的集团 公告编号：2026-003 美的集团股份有限公司 关于合伙人持股计划股票出售完毕暨终止的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 美的集团股份有限公司（以下简称"公司"或"美的集团"）核心管理团队 持股计划暨"美的集团全球合伙人计划"之第八期持股计划（以下简称"第八期 全球合伙人持股计划"）和核心管理团队持股计划暨"美的集团事业合伙人计划" 之第五期持股计划（"第五期事业合伙人持股计划"）已经 2022 年 4 月 28 日和 2022 年 5 月 20 日召开第四届董事会第七次会议和 2021 年年度股东大会审议通过。依 据第八期全球合伙人持股计划及第五期事业合伙人持股计划持有人会议决议，成 立持股计划管理委员会，代表持股计划持有人行使股东权利，对本持股计划进行 日常管理，并通过非交易过户的方式受让公司回购专用证券账户股份。 截至本公告披露日，第八期全球合伙人持股计划和第五期事业合伙人持股计 划持有股份已通过集中竞价的交易方式全部出售完毕。根据中国证券监督管理委 员会《关于上市公司实施员工持股计划试点的 ...

证券代码：000333 证券简称：美的集团 公告编号：2026-004 美的集团股份有限公司 关于 2023 年持股计划第二次归属股票出售完毕的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 美的集团股份有限公司（以下简称"公司"或"美的集团"）2023 年持股计 划已经 2023 年 4 月 27 日和 2023 年 5 月 19 日召开的第四届董事会第十五次会议 和 2022 年年度股东大会审议通过，依据 2023 年持股计划持有人会议决议，成立 持股计划管理委员会，代表持股计划持有人行使股东权利，对本持股计划进行日 常管理，并通过非交易过户的方式受让公司回购专用证券账户股份。 公司于 2025 年 8 月 30 日披露了《关于 2023 年持股计划第二个归属期权益 归属的公告》，截至本公告披露日，2023 年持股计划第二个归属期归属股份已通 过集中竞价的交易方式出售完毕。根据中国证券监督管理委员会《关于上市公司 实施员工持股计划试点的指导意见》《深圳证券交易所上市公司自律监管指引第 1 号—主板上市公司规范运作》及公司《2023 年持股计划（草案） ...

Group 1 - The company announced the completion of the eighth phase of the global partner stockholding plan and the fifth phase of the business partner stockholding plan [1] - In July and August 2022, the two plans acquired a total of 3.7704 million shares and 2.8268 million shares through repurchase [1] - Due to some holders not meeting qualifications or performance targets, the final allocations were 3.1475 million shares and 2.0485 million shares respectively [1] Group 2 - The shares held under both plans will be sold through centralized bidding from December 9, 2025, to January 9, 2026 [1] - Following the sale, the company will conduct asset liquidation and distribution, with proceeds allocated to holders based on their share ownership after tax deductions [1]

Core Viewpoint - Midea Group has completed the second vesting and sale of shares under its 2023 stock ownership plan, with the announcement made on August 30, 2025 [1] Group 1 - The second vesting period shares of the 2023 stock ownership plan have been fully sold through centralized bidding [1] - The company will proceed with the distribution of profits to the holders of the stock ownership plan, which will be allocated based on the proportion of shares held after deducting relevant taxes [1]

Core Viewpoint - Northbound funds have shown significant investment trends in various sectors, particularly in electric equipment and electronics, with notable increases in holdings in the non-ferrous metals sector [2][3]. Group 1: Industry Distribution of Northbound Funds - As of the end of Q4 2025, Northbound funds held shares in 3,768 A-share companies, with a total market value of approximately 25,898 billion yuan, an increase of about 57 billion yuan from Q3 2025 [2][5]. - The electric equipment and electronics sectors had the highest holdings, valued at approximately 4,496.57 billion yuan and 3,871.09 billion yuan, respectively, remaining stable compared to the previous quarter [2][3]. - The non-ferrous metals sector saw a significant increase in holdings, with a rise of over 516 billion yuan, while the pharmaceutical, food and beverage, automotive, and computer sectors experienced declines of over 100 billion yuan each [3][4]. Group 2: Individual Company Holdings - By the end of Q4 2025, 41 A-share companies had holdings exceeding 10 billion yuan from Northbound funds, with median growth of 35.87%, outperforming major stock indices [6][9]. - The top holding was Ningde Times, valued at approximately 2,543 billion yuan, accounting for nearly 10% of total Northbound fund holdings, with a 4.80% increase in shares during Q4 [6][8]. - Other notable companies included Midea Group, Guizhou Moutai, and China Merchants Bank, with varying performance and holding values [6][8]. Group 3: Investment Trends in Specific Sectors - Northbound funds significantly increased their positions in 37 companies, with the most substantial additions in the electric and non-ferrous metals sectors [18][19]. - The leading company for increased investment was Ningde Times, with an additional 121 billion yuan, marking a continuous trend of over 100 billion yuan in two consecutive quarters [18][19]. - Companies like Lixun Precision and Weichai Power also saw substantial increases in holdings, reflecting a broader trend of investment in the electric and automotive sectors [18][19]. Group 4: Emerging Sectors - The commercial aerospace sector has gained traction, with 22 stocks held by Northbound funds exceeding 300 million yuan, including significant investments in companies like Goldwind Technology and Aerospace Development [11][12]. - The AI application sector is also emerging, with 19 stocks held by Northbound funds exceeding 100 million yuan, highlighting the growing interest in AI technologies [14][15].

投资者提问：公司账上长期保有超过千亿规模的货币资金及交易性金融资产。在保证运营安全的前提 下，公司将大量资金用于理财而非加大研发投入或股东回报，这是否意味着公司已进入'内生增长瓶 颈'？董事会如何决策最优资本结构？是否有计划对这部分低效资金进行特别分红？ 美的集团回复：尊敬的投资者，你好，截至2025年三季度末，公司持有的货币资金及交易性金融资产合 计约930亿元人民币。考虑到多变的经营环境，公司保持充足的现金以保障生产经营，支撑长期战略发 展与价值创造，为股东提供持续、稳定的回报。 证券之星消息，美的集团(000333)01月09日在投资者关系平台上答复投资者关心的问题。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

Group 1 - The core point of the article highlights a significant block trade involving Midea Group on January 9, with a transaction volume of 60,000 shares and a total transaction value of 4.2678 million yuan, executed at a price of 71.13 yuan, which represents a discount of 10.83% compared to the closing price of the day [1][1][1] Group 2 - In the last three months, Midea Group has recorded a total of 7 block trades, accumulating a total transaction value of 35.6526 million yuan [1] - The closing price of Midea Group on the day of the report was 79.77 yuan, reflecting an increase of 0.94%, with a daily turnover rate of 0.50% and a total trading volume of 2.719 billion yuan [1][1] - Over the past five days, the stock has increased by 2.07%, with a total net inflow of funds amounting to 427 million yuan [1][1] - The latest margin financing balance for Midea Group stands at 5.233 billion yuan, having increased by 66.33 million yuan over the past five days, representing a growth rate of 1.28% [1][1]

Group 1 - The white goods sector increased by 0.5% on January 9, with Midea Group leading the gains [1] - The Shanghai Composite Index closed at 4120.43, up 0.92%, while the Shenzhen Component Index closed at 14120.15, up 1.15% [1] - Midea Group's closing price was 79.77, reflecting a 0.94% increase, with a trading volume of 341,100 shares [1] Group 2 - The net inflow of main funds in the white goods sector was 158 million yuan, while retail funds saw a net inflow of 943,930 yuan [1] - Midea Group had a main fund net inflow of 1.27 billion yuan, but retail funds experienced a net outflow of 32.82 million yuan [2] - Haier Smart Home had a main fund net inflow of 7.12 million yuan, but retail funds saw a net outflow of 60.98 million yuan [2]

| 权益类证券大宗交易(协议交易) | | | | | | | | 团 下载 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 交易日期 | 证券代码 | 证券简称 | 成交价格 | 成交量 | 成交金额 | 买方营业部 | 卖方营业部 | | | | | | (元) | (万股/万份) | (万元) | | | | | 2026-01-09 | 000333 | 美的集团 | 71.13 | 6.00 | 426.78 中国银河证券股份 | | 中国银河证券股份 | | | | | | | | | 有限公司南京江东 | 有限公司南京江东 | | | | | | | | 中终证营业部 | | 中路证券型小部 | | 1月9日，美的集团大宗交易成交6万股，成交额426.78万元，占当日总成交额的0.16%，成交价71.13 元，较市场收盘价79.77元折价10.83%。 ...