Core Viewpoint - Changhong Meiling (000521) announced an investment of 877 million yuan in the construction of the Hefei Changhong Smart Home Appliance Industrial Park project, which aims to enhance the production capacity of large-capacity refrigerators and optimize the capacity structure [1] Investment Details - The project will be funded through self-raised capital by Hefei Changhong Industrial Co., Ltd. [1] - The project is expected to start in August 2025 and will have a construction period of 24 months [1] Strategic Implications - The investment is intended to improve the company's smart manufacturing capabilities and support the upgrade and sustainable development of its refrigerator industry [1] - The funding will not adversely affect the company's financial and operational status [1]

证券代码：000521、200521 证券简称：长虹美菱、虹美菱Ｂ 公告编号：2025-044 长虹美菱股份有限公司 关于参与投资设立的四川虹云创业投资合伙企业(有限合伙) 完成清算注销的公告 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。 一、基本情况概述 特此公告。 长虹美菱股份有限公司 董事会 详细情况公司已于2023年1月18日、2024年8月24日、2025年1月24日在指定 信息披露媒体《证券时报》《中国证券报》及巨潮资讯网（www.cninfo.com.cn） 上以公告形式（2023-002号、2023-003号、2023-004号、2024-045号、2025-004 号公告）进行了披露。 二、进展情况 截至本公告披露日，公司已收到剩余财产分配款 38,829.19 元。2025 年 6 月 10 日，公司收到四川天府新区智慧城市运行局出具的《登记通知书》，虹云基 金二期已完成清算注销。 根据《公司法》《深圳证券交易所股票上市规则》及《公司章程》等相关规 定，本次清算并注销合伙企业事项不存在重大法律障碍，不构成重大资产重组， 不属于关联交易，无 ...

证券代码：000521、200521 证券简称：长虹美菱、虹美菱Ｂ 公告编号：2025-044 长虹美菱股份有限公司 详细情况公司已于2023年1月18日、2024年8月24日、2025年1月24日在指定 信息披露媒体《证券时报》《中国证券报》及巨潮资讯网（www.cninfo.com.cn） 上以公告形式（2023-002号、2023-003号、2023-004号、2024-045号、2025-004 号公告）进行了披露。 关于参与投资设立的四川虹云创业投资合伙企业(有限合伙) 完成清算注销的公告 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。 一、基本情况概述 长虹美菱股份有限公司（以下简称"公司"或"本公司"）于2023年1月16 日召开第十届董事会第三十次会议、第十届监事会第二十一次会议，审议通过了 《关于公司参与设立四川虹云信息科技创业投资基金暨关联交易的议案》，同意 公司与实际控制人四川长虹电子控股集团有限公司（以下简称"长虹集团"）、控 股股东四川长虹电器股份有限公司（以下简称"四川长虹"）、控股股东的下属参 股公司四川虹云创业股权投资管理有限公 ...

Core Viewpoint - A total of 11 listed companies announced share buybacks or increases in shareholdings this week, with notable commitments for special loans to facilitate these actions [1][2]. Group 1: Companies Announcing Buybacks - Longbai Group plans to repurchase shares worth between 500 million to 1 billion yuan, with loans not exceeding 900 million yuan [2]. - BOE Technology Group received a commitment for an 1.8 billion yuan special loan for stock repurchase [1][2]. - Changhong Meiling obtained a commitment letter for a special loan not exceeding 270 million yuan for stock repurchase [2]. - Shandong Road and Bridge received a commitment letter for a special loan not exceeding 90 million yuan for stock repurchase [2]. - Jianghan New Materials obtained a commitment letter for a special loan not exceeding 360 million yuan for stock repurchase [2]. - Maiwei Bio's chairman proposed a buyback using 25 million to 50 million yuan of self-owned funds and/or a special loan [2]. - Jiahua Energy received a commitment letter for a special loan not exceeding 540 million yuan for stock repurchase [2]. - Goodway plans to repurchase shares worth between 100 million to 150 million yuan and has obtained a loan commitment from CITIC Bank [2]. - Yanshan Technology plans to repurchase shares worth between 40 million to 60 million yuan, with loans not exceeding 50 million yuan [2]. Group 2: Companies Announcing Shareholding Increases - Xinhua Medical's controlling shareholder obtained a commitment for a special loan not exceeding 180 million yuan for shareholding increase [2]. - Hainan Development's controlling shareholder, Hainan Holdings, received a commitment for a special loan not exceeding 153 million yuan for shareholding increase [2].

Group 1: Domestic Market Strategy - The company continuously optimizes its sales network and service system to enhance marketing capabilities, focusing on five key initiatives: "promote quality products, strengthen channels, enhance collaboration, improve efficiency, and control risks" [1] - A differentiated product strategy is implemented, integrating online and offline promotional resources to push high-quality products [1] - The management structure is improved to enhance operational and service efficiency, aiming for product leadership and efficiency enhancement through innovative management [1] Group 2: Overseas Business Development - In 2025, the company will focus on product innovation, emphasizing "large capacity, multi-temperature zones, high energy efficiency, and low noise" to meet global consumer demand [1] - A user-centered comprehensive marketing system will be established to enhance customer cooperation efficiency and meet large customer demands [1] - The company aims to accelerate brand expansion based on its ODM business foundation [1] Group 3: Air Conditioning Market Strategy - The company will leverage AI technology to enhance user experience and differentiate product design, promoting "all-dust-free" and "kitchen-cabinet" product lines [2] - Increased market investment will be made through event marketing and new media to boost brand awareness and reputation [2] - Service capabilities will be strengthened to improve user satisfaction through rapid response [2] Group 4: Innovation and Growth Plans - The company will drive industry development through innovation in technology, products, manufacturing, and management to enhance competitiveness [2] - The 2025 operational plan focuses on resource integration to strengthen market foundations and accelerate development through internal and external collaboration [2] - The company aims for simultaneous growth in scale and profit, ensuring a positive trend in profitable growth [2]

Group 1: 2025 Business Strategy - The company aims for dual growth in scale and profit, ensuring a positive trend in profitable scale growth through innovation-driven development and resource integration [1] - Focus on digital and intelligent transformation to enhance market foundation and accelerate high-quality development [1] Group 2: Overseas Business Strategies - For the overseas refrigerator business, the company will enhance product innovation focusing on large capacity, multi-temperature zones, high energy efficiency, and low noise [1] - The marketing strategy will center on user needs, improving collaboration efficiency with major clients, and accelerating brand expansion based on ODM business [1] Group 3: Air Conditioning Market Strategies - In the overseas air conditioning market, the company will prioritize profitable scale growth and cash flow, expanding regional brand agents and focusing on core customer acquisition [2] - The domestic air conditioning strategy will leverage AI technology for user experience, promote "dust-free" and "kitchen cabinet" products, and implement regional differentiation management [3] Group 4: Innovation Capabilities - The company will enhance competitiveness through technological, product, manufacturing, and management innovations, focusing on value-added technology research and smart manufacturing [5] Group 5: Production Capacity Expansion - The investment in a new production line in Zhongshan aims for an annual output of 4 million air conditioners, addressing capacity needs for overseas sales and enhancing market competitiveness [7]

Report Summary 1. Report Industry Investment Rating No information provided in the content. 2. Core Viewpoints - The report focuses on the 2025 business plans and market strategies of Changhong Meiling in the home appliance industry, covering overseas and domestic markets for refrigerators, air conditioners, and washing machines, as well as aspects like innovation capabilities, risk management, and production line construction [22]. 3. Summary by Related Catalogs 3.1. Research Basic Information - The research object is Changhong Meiling, belonging to the home appliance industry. The reception time was on June 4, 2025. The listed company's reception staff included Vice President and Board Secretary Li Xia, and Securities Affairs Manager Lü Ming [17]. 3.2. Detailed Research Institutions | Reception Object | Reception Object Type | Institution - Related Personnel | | --- | --- | --- | | GF Fund | Fund management company | Chen Yingzi, Wang Song, Zhang Yi | | Guolian Fund | Fund management company | Zheng Ling, Liang Qinzhi, Xiang Wei | | Southwest Securities | Securities company | Gong Menghong | [18] 3.3. Research Institution Proportion No information provided in the content. 3.4. Main Content Materials - **2025 Business Plan**: Strive for both scale and profit growth, ensuring a virtuous development trend of profitable scale growth [22]. - **Overseas Refrigerator Business**: Adhere to product - oriented approach, increase R & D on products like "large - volume, multi - temperature zone, high - efficiency, low - noise", improve marketing, strengthen internal and external collaboration, and accelerate brand expansion overseas [22]. - **Overseas Air - Conditioner Business**: Follow the concept of "profitable scale growth, profit growth with cash flow", prioritize the brand, expand base markets, develop regional brand agents, focus on advantageous channels, and improve product quality and customer service [22]. - **Domestic Air - Conditioner Business**: Enhance user experience and differentiated design based on AI technology, create product cards, increase market investment, implement regional strategies, and improve service capabilities [24]. - **Overseas Ice - Wash Business**: Align product layout with global consumption trends, build a product matrix, improve marketing, expand business in existing and emerging markets, and enhance brand competitiveness [24]. - **Innovation Capabilities**: Include four aspects: technological innovation (increase R & D investment), product innovation (create super - products), manufacturing innovation (promote intelligent manufacturing), and management innovation (improve organizational and process efficiency) [25]. - **Exchange Rate Risk Management**: Adopt the principle of exchange - rate risk neutrality, use foreign exchange forward contracts as hedging tools, and match contract terms with predicted sales and回款 [25]. - **Share Repurchase**: Approved a share - repurchase plan on May 8, 2025, with an implementation period of no more than 12 months. Decisions will be made according to market conditions, and progress will be disclosed [25]. - **Overseas Air - Conditioner Production Line Construction**: The project of Zhongshan Changhong to build an annual production capacity of 4 million sets of air - conditioners will meet future overseas sales needs, improve production efficiency, and enhance market competitiveness [26].

证券代码：000521、200521 证券简称：长虹美菱、虹美菱Ｂ 公告编号：2025-043 长虹美菱股份有限公司 截至2025年5月31日，公司尚未完成A股回购专用证券账户的开立，暂未进行 股份回购。根据相关规定，公司将于首次回购股份事实发生的次一交易日予以披 露。 二、其他说明 公司后续将根据市场情况在回购期限内实施本次回购计划，并将在回购期间 根据相关法律、法规和规范性文件的规定，及时履行信息披露义务。敬请广大投 资者注意投资风险。 特此公告。 长虹美菱股份有限公司 董事会 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。 基于2025年4月9日长虹美菱股份有限公司（以下简称"公司"）董事长提议 回购公司A股股份，公司于2025年5月8日召开第十一届董事会第十五次会议，审 议通过了《关于回购公司A股股份方案的议案》，同意公司使用自有资金不低于 股股份，用于实施股权激励，本次回购价格为不超过11元/股。回购期限为自董 事会审议通过回购方案之日起12个月内。具体回购股份的数量和金额以回购期限 届满或者回购股份实施完毕时实际回购的股份数量和金额为准。若公司未能 ...

证券代码：000521、200521 证券简称：长虹美菱、虹美菱Ｂ 公告编号：2025-041 长虹美菱股份有限公司 A股股份的金额以回购完毕或回购实施期限届满时公司的实际回购情况为准。 为充分利用国家对上市公司回购股票的支持政策，进一步提升资金使用效率， 积极推进公司A股股份回购方案的实施，公司于2025年6月3日召开第十一届董事 会第十七次会议审议通过了《关于增加回购公司A股股份资金来源的议案》，现将 相关事项公告如下： 一、回购股份方案的基本情况及进展情况 基于2025年4月9日公司董事长提议回购公司A股股份，公司于2025年5月8日 召开第十一届董事会第十五次会议，审议通过了《关于回购公司A股股份方案的 议案》，同意公司使用自有资金不低于15,000万元(含）且不超过30,000万元(含） 通过集中竞价交易的方式回购公司部分A股股份，用于实施股权激励，本次回购 价格为不超过11元/股。回购期限为自董事会审议通过回购股份方案之日起12个 月内。具体回购股份的数量和金额以回购期限届满或者回购股份实施完毕时实际 回购的股份数量和金额为准。若公司未能在股份回购实施结果暨股份变动公告日 后36个月内按照上述用途 ...

证券代码：000521、200521 证券简称：长虹美菱、虹美菱Ｂ 公告编号：2025-042 长虹美菱股份有限公司 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。 方案要点提示： B股最后交易日：2025年6月10日；除权除息日为：2025年6月11日；B股股权 登记日：2025年6月13日。 本公告披露日，公司尚未完成A股回购专用证券账户的开立，暂未进行股份回购。 权后总股本：881,733,881股。 B股每10股派息（含税）：3.30元；现金分红总额：48,902,645.22元；除权 后总股本：148,189,834股；派息汇率：港元:人民币=1:0.9288。 长虹美菱股份有限公司（以下简称"公司"或"本公司"）2024年度利润分 配方案已经2024年年度股东大会审议通过，现将本次年度利润分配方案的有关实 施事宜公告如下： 一、股东大会审议通过利润分配方案等情况 公司2024年度利润分配预案》，2024年度利润分配方案的具体内容为：以公司2024 年12月31日的总股本1,029,923,715股为基数，向全体股东每10股派发现金红利 公积金转增股 ...