区间跌幅6.62%、市值蒸发近25亿元——这是海信家电中报发布后的五个交易日内，资本市场给出的直观反馈。 若将时间跨度拉长至"80后"新掌门高玉玲上任至今的近9个月，海信家电A股股价累计跌幅已扩大至约14.5%，公司市值较其上任前蒸发近60亿元。 2024年11月21日，海信家电发布公告称，公司原董事长代慧忠因达退职年龄并结合个人意愿而不再担任海信家电董事长等职务，海信家电财务原负责人、 总会计师高玉玲接任公司一号位——在家电行业相对老派的格局下，1981年生人的高玉玲显得颇为年轻。 2025年半年报，是财务出身的高玉玲担任公司董事长后交出的首份中期成绩单，其中既有传统主业的调整阵痛、海外市场的逆势突围，也有资本运作 的"锦上添花"。 只是这份看似平稳向好的业绩，似乎没能完全打动市场。 "当前家电行业正处于调整周期，消费需求释放放缓，头部企业的增长动能普遍承压，资本市场对业绩的审视也会更加严格。"资深产业经济观察家梁振鹏 向北京商报记者表示，股价波动反映出投资者对企业转型成效的审视和长期增长逻辑的观望。 增长踩刹车 和过去几年的自己相比，2025年上半年的海信失去了高增长。 发力海外 国内市场增长放缓之际，海 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 本月底法定/註冊股本總額： RMB 1,384,861,171 FF301 第 1 頁 共 10 頁 v 1.1.1 致：香港交易及結算所有限公司 公司名稱: 海信家電集團股份有限公司 呈交日期: 2025年8月6日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00921 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 459,589,808 | RMB | | | 1 RMB | | 459,589,808 | | 增加 / 減少 (-) | | | | | | | RMB | | | | 本月底結存 | | | 459,589 ...

7月30日晚，海信家电发布2025年半年报。作为海信家电的核心业务，海信中央空调凭借技术驱动稳健 增长，报告期内，海信系多联机中央空调以超20%的市场份额稳居行业前列，5G系列产品销量同比增 长两位数以上。 响应国家碳中和号召，海信中央空调坚持绿色发展，以"光合&直驱"系列产品引领行业绿色转型，以领 先技术与柔性调节能力，为建筑注入绿色基因，为济南长岭山生物医药产业园、青岛宝丰时代中心、合 肥长三角一体化物流园10#电商直播大厦等多个项目提供服务，以超1级能效，助力企业创造舒适凉爽的 办公环境。 海信中央空调凭借5G+AI+绿色创新的技术领导力、多联机&新风双榜首的市场统治力及全球化布局， 不仅是海信家电的业绩支柱，更引领行业向智能化、低碳化升级。其整合全屋空气解决方案的策略，进 一步巩固了"技术立企"的核心竞争力，为家电板块提供长期增长动能。 自2015年布局5G中央空调研发，2019年推出首款5G物联网中央空调，2025年升级5G+荣耀家系列，通 过AI主动管理温湿度、新风及空气质量，重新定义智慧空气体验。 在新风空调细分领域，海信以43.9%的销售额占有率位居第一，同比提升12.3个百分点，成为健康空气 ...

财报披露季，机构最新持股动向逐渐明朗。二季度末养老金账户出现在宏发股份、东睦股份、海信家电 前十大流通股东榜。 基本养老保险基金八零七组合、基本养老保险基金一五零二二组合为宏发股份第九、第七大流通股东， 合计持股量为2822.27万股，占流通股比例1.93%。基本养老保险基金一二零五组合为东睦股份第六大流 通股东，持股量为626.64万股，占流通股比例1.02%。基本养老保险基金一二零四组合为海信家电第十 大流通股东，持股量为459.61万股，占流通股比例0.50%。（数据宝） 养老金持股明细 （文章来源：证券时报网） | 代码 | 简称 | 持股量（万股） | 环比（%） | 占流通股比例（%） | 行业 | | --- | --- | --- | --- | --- | --- | | 600885 | 宏发股份 | 2822.27 | 64.93 | 1.93 | 电力设备 | | 600114 | 东睦股份 | 626.64 | 43.23 | 1.02 | 机械设备 | | 000921 | 海信家电 | 459.61 | 新进 | 0.50 | 家用电器 | ...

Group 1 - As of August 6, pension funds have appeared among the top ten circulating shareholders of Dongmu Co., holding a total of 6.2664 million shares valued at 127 million yuan [1] - In the second quarter, pension funds were present in the top ten circulating shareholders of three stocks, with a total holding of 39.0852 million shares valued at 875 million yuan [1] - The stocks with the highest holdings by pension funds include Hongfa Co. (28 million shares), Dongmu Co. (6 million shares), and Hisense Home Appliances (5 million shares) [1] Group 2 - The industry distribution of pension fund holdings is primarily concentrated in household durable goods, machinery, and electrical equipment, with one stock in each category [1] - The market value of the three stocks held by pension funds exceeds 100 million yuan, with Hongfa Co. leading at 630 million yuan, followed by Dongmu Co. at 127 million yuan and Hisense Home Appliances at 118 million yuan [1]

Group 1 - The latest stock price of Hisense Home Appliances is 25.44 yuan, with a slight increase of 0.08% from the previous trading day [1] - The company operates in the home appliance industry, focusing on the research, production, and sales of products such as air conditioners and refrigerators [1] - Recent high temperatures in Europe have led to increased demand for cooling appliances, with Hisense's portable air conditioners gaining popularity among Italian consumers [1] Group 2 - Hisense's 2024 ESG report indicates that over 90% of its first and second-level energy consumption products are energy-efficient, with a commitment to peak carbon emissions by 2026 [1] - As of the end of Q2, the Basic Pension Insurance Fund's 1204 combination has become the company's tenth largest circulating shareholder, holding 4.5961 million shares [1] - On August 5, the net outflow of main funds for Hisense Home Appliances was 4.0337 million yuan, while the cumulative net inflow over the past five days was 85.2901 million yuan [2]

以往，欧洲的夏天不那么炎热，不少国家的居民楼没有安装空调的需求。如今若要加装空调，人们将面临建筑条件不允许、物业手续复杂、安装费用过高 等一系列难题。 施塔克的家在建造时没有配备空调。近几年，位于顶层的儿童房入夏后高温难耐。经过比较，施塔克选择了中国品牌美的移动分体空调PortaSplit。"这款 产品无需安装，移动方便，运转安静，制冷效果也很出色。"他说。 新华财经罗马8月5日电 （记者张馨文）一张自拍照中，德国工程师弗伦茨·施塔克紧挨着一款造型简洁优雅的移动空调，微笑着竖起大拇指。在斯图加特 工作的施塔克近日通过视频连线告诉新华社记者，这台中国品牌的空调"表现出色"。 随着夏季高温天气频频来袭，制冷类家电在欧洲持续热销。记者在走访中发现，不少消费者都选择了中国品牌，因为中国制冷类创新产品能满足市场需 求，并凭借节能、设计美观和售后服务可靠等优势赢得青睐。 此外，来自中国的手持小风扇也融入欧洲民众的日常生活。在意大利首都罗马，出租车司机弗朗切斯科在车内放了一台手持小风扇。"它可以折叠，体积 小巧，适合放在车里。"他说，电扇虽小，但风力强劲，可以提高车内空气循环和增强车载空调效果。 "我们今年已经卖出至少80 ...

证券之星消息，8月5日白色家电板块较上一交易日上涨0.76%，TCL智家领涨。当日上证指数报收于 3617.6，上涨0.96%。深证成指报收于11106.96，上涨0.59%。白色家电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) | | --- | --- | --- | --- | --- | --- | | 002668 | TCL智家 | 10.48 | 2.14% | 17.77万 | 1.85 Z | | 000016 | 深康佳A | 4.91 | 1.45% | 35.62万 | 1.74亿 | | 000651 | 格力电器 | 46.72 | 1.30% | 27.79万 | 12.92亿 | | 600983 | 惠而浦 | 11.34 | 1.07% | 7.99万 ﻟﻠ | 9023.85万 | | 600336 | 澳柯玛 | 7.04 | 1.00% | 11.91万 | 8356.70万 | | 001387 | 雪祺电气 | 14.58 | 0.69% | 4.18万 | 6089.87万 | | 000333 | 美的集 ...

与此同时，海信家电44岁的"80后"现任董事长高玉玲将兼任总裁一职，且不额外领取总裁薪酬。 公开资料显示，高玉玲毕业于西南财经大学会计学专业，拥有丰富的财务背景，是一位在海信体系内成长起来的"老将"，曾主导海信集团收购欧洲家电品牌 Gorenje的财务工作，被业内称为"并购女将"。2024年11月，她接替退休的代慧忠出任董事长，如今再兼任总裁，意味着海信家电进入"高玉玲时代"。 海信家电管理层迎来重大人事调整。 7月30日晚，海信家电发布公告称，总裁胡剑涌因个人原因辞去董事、总裁等职务，同时辞任的还有董事朱聃。 高玉玲上任后，面临不小的挑战。一方面，空调市场竞争加剧，美的、格力等巨头占据主导，TCL、飞利浦等新玩家也在抢夺份额；另一方面，海信家电股 价自2024年高点已出现大幅下跌，投资者信心亟待恢复。 这位财务出身的"80后"女掌门能否带领海信家电突破增长瓶颈，如何提振空调业务、优化成本结构、稳定资本市场预期，或将市场关注的角度，也将是其兼 任总裁后的首要任务。 此次人事变动背后，是海信家电业绩增速的明显放缓。2025年上半年，海信家电营收仅增长1.44%，净利润增长3.01%，创下近六年同期最低增速。 胡 ...

Investment Rating - The report maintains a strong buy rating for multiple companies in the home appliance sector, indicating a positive outlook for their stock performance [3]. Core Insights - The expectation of a 25 basis point interest rate cut by the Federal Reserve is anticipated to boost the recovery of the U.S. real estate and home appliance sectors, leading to increased consumer spending in these areas [1][7]. - The report highlights that the consumer spending on home appliances in the U.S. is projected to grow by 1.3% and 1.7% year-on-year in Q1 and Q2 of 2025, respectively [7]. - The report emphasizes the strong correlation between the demand for tools and the U.S. real estate cycle, suggesting that companies like QuanFeng Holdings and JuXing Technology will benefit from this trend [7]. Company Summaries - **QuanFeng Holdings (2285.HK)**: Market cap of 9.8 billion, with a projected EPS of 1.95 for 2025 and a strong buy rating [3]. - **TCL Electronics (1070.HK)**: Market cap of 25.8 billion, projected EPS of 0.92 for 2025, rated as a strong buy [3]. - **Ninebot (689009.SH)**: Market cap of 43.9 billion, projected EPS of 3.16 for 2025, rated as a strong buy [3]. - **Midea Group (000333.SZ)**: Market cap of 544.4 billion, projected EPS of 5.61 for 2025, rated as a strong buy [3]. - **Gree Electric (000651.SZ)**: Market cap of 258.3 billion, projected EPS of 6.25 for 2025, rated as a strong buy [3]. - **Hisense Home Appliances (000921.SZ)**: Market cap of 35.2 billion, projected EPS of 2.66 for 2025, rated as a strong buy [3]. - **JuXing Technology (002444.SZ)**: Market cap of 37.9 billion, projected EPS of 2.00 for 2025, rated as a strong buy [3]. - **Hisense Visual (600060.SH)**: Market cap of 29.8 billion, projected EPS of 1.93 for 2025, rated as a strong buy [3]. - **Haier Smart Home (600690.SH)**: Market cap of 234.2 billion, projected EPS of 2.24 for 2025, rated as a strong buy [3]. - **Chunfeng Power (603129.SH)**: Market cap of 34.3 billion, projected EPS of 13.77 for 2025, rated as a strong buy [3]. - **Ecovacs (603486.SH)**: Market cap of 47.2 billion, projected EPS of 3.84 for 2025, rated as a strong buy [3]. - **Roborock (688169.SH)**: Market cap of 46.2 billion, projected EPS of 8.05 for 2025, rated as a strong buy [3]. Industry Overview - The home appliance sector consists of 88 companies with a total market capitalization of 1846.2 billion, indicating a robust industry presence [4]. - The report notes a significant absolute performance increase of 37.6% over 12 months for the home appliance sector, outperforming the benchmark index [6].