悍高集团股份有限公司 独立董事候选人声明与承诺 如否，请详细说明： 三、本人符合中国证监会《上市公司独立董事管理办法》和深圳 证券交易所业务规则规定的独立董事任职资格和条件。 ☑ 是 □否 声明人李丹作为悍高集团股份有限公司（以下简称"公司"）第 二届董事会独立董事候选人，已充分了解并同意由提名人公司董事会 提名为公司第二届董事会独立董事候选人。现公开声明和保证，本人 与该公司之间不存在任何影响本人独立性的关系，且符合相关法律、 行政法规、部门规章、规范性文件和深圳证券交易所业务规则对独立 董事候选人任职资格及独立性的要求，具体声明并承诺如下事项： 一、本人已经通过公司第二届董事会提名委员会资格审查，提名 人与本人不存在利害关系或者其他可能影响独立履职情形的密切关 系。 ☑ 是 □否 如否，请详细说明： 二、本人不存在《中华人民共和国公司法》第一百七十八条等规 定不得担任公司董事的情形。 ☑ 是 □否 如否，请详细说明： 四、本人符合该公司章程规定的独立董事任职条件。 ☑ 是 □否 如否，请详细说明： 五、本人已经参加培训并取得证券交易所认可的相关培训证明材 料（如有）。 □是 ☑ 否 如否，请详细说明： 目 ...

悍高集团股份有限公司 第二届董事会提名委员会关于独立董事候选人 任职资格的审查意见 综上，我们同意提名李丹女士为公司第二届董事会独立董事候选 人，并提请公司第二届董事会第十五次会议审议。 悍高集团股份有限公司 董事会提名委员会 2026 年 1 月 7 日 根据《中华人民共和国公司法》（以下简称《公司法》）《上市公 司独立董事管理办法》《深圳证券交易所股票上市规则》《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》和 《公司章程》等有关规定，悍高集团股份有限公司（以下简称"公司"） 第二届董事会提名委员会对公司独立董事候选人的任职资格进行审 核，发表如下审核意见： 1、经核查，公司独立董事候选人提名已征得被提名人本人同意， 提名程序符合《公司法》和《公司章程》的有关规定；被提名人任职 资格符合担任公司董事的条件，具备履行董事职责的能力；不存在《公 司法》《深圳证券交易所股票上市规则》《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》等有关规定不得担任 公司董事的情形；不存在中国证监会和深圳证券交易所认定的不适合 担任上市公司董事的情形。 2、经审查，李丹女士符合 ...

☑ 是 □否 如否，请详细说明： 二、被提名人不存在《中华人民共和国公司法》第一百七十八条 等规定不得担任公司董事的情形。 ☑ 是 □否 如否，请详细说明： 三、被提名人符合中国证监会《上市公司独立董事管理办法》和 深圳证券交易所业务规则规定的独立董事任职资格和条件。 悍高集团股份有限公司 独立董事提名人声明与承诺 提名人悍高集团股份有限公司董事会现就提名李丹为悍高集团 股份有限公司第二届董事会独立董事候选人发表公开声明。被提名人 已书面同意作为悍高集团股份有限公司第二届董事会独立董事候选 人（参见该独立董事候选人声明）。本次提名是在充分了解被提名人 职业、学历、职称、详细的工作经历、全部兼职、有无重大失信等不 良记录等情况后作出的，本提名人认为被提名人符合相关法律、行政 法规、部门规章、规范性文件和深圳证券交易所业务规则对独立董事 候选人任职资格及独立性的要求，具体声明并承诺如下事项： 一、被提名人已经通过悍高集团股份有限公司第二届董事会提名 委员会或者独立董事专门会议资格审查，提名人与被提名人不存在利 害关系或者其他可能影响独立履职情形的密切关系。 ☑ 是 □否 如否，请详细说明： 四、被提名人符合该公司 ...

证券代码：001221 证券简称：悍高集团 公告编号：2026-003 悍高集团股份有限公司 关于召开 2026 年第一次临时股东会的通知 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，没有任何虚假记载、 误导性陈述或重大遗漏。 一、召开会议的基本情况 1、股东会届次：2026 年第一次临时股东会 2、股东会的召集人：公司董事会 3、本次会议的召集、召开符合《中华人民共和国公司法》《深圳证券交易所股票上市 规则》《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》等法 律、行政法规、部门规章、规范性文件及《公司章程》的有关规定。 4、会议时间： （1）现场会议时间：2026 年 1 月 23 日 14:00 （2）网络投票时间：通过深圳证券交易所系统进行网络投票的具体时间为 2026 年 1 月 23 日 9:15-9:25，9:30-11:30，13:00-15:00；通过深圳证券交易所互联网投票系统投票的 具体时间为 2026 年 1 月 23 日 9:15 至 15:00 的任意时间。 5、会议的召开方式：现场表决与网络投票相结合。 6、会议的股权登记日：2026 年 1 ...

悍高集团股份有限公司 悍高集团股份有限公司（以下简称"公司"）第二届董事会第十五次会议于 2026 年 1 月 7 日在公司会议室召开。本次董事会会议通知及会议材料于 2026 年 1 月 4 日以邮件形式向公司全体董事发出。会议以现场会议方式召开，由董事长欧锦锋先 生主持。本次会议应出席董事 6 人，实际出席董事 6 人，公司全体高级管理人员列 席本次会议。本次会议的召集、召开符合有关法律、行政法规、部门规章、规范性 文件和公司章程的规定。 第二届董事会第十五次会议决议公告 本次会议以书面表决方式进行表决。经与会董事认真审议，本次会议审议并通 过了如下议案： 一、审议并通过《关于提名公司第二届董事会独立董事候选人的议案》 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，没有任何 虚假记载、误导性陈述或重大遗漏。 证券代码：001221 证券简称：悍高集团 公告编号：2026-001 依照《公司法》《公司章程》等相关规定，公司董事会提名委员会审核通过， 公司董事会提名李丹女士为公司第二届董事会独立董事候选人。 独立董事候选人李丹女士尚未取得深圳证券交易所独立董事资格证书，其已书 面承诺参加最近一次独 ...

Investment Rating - The report assigns an "Accumulate" rating to the company, indicating a positive outlook for investment [8]. Core Insights - The company has demonstrated impressive growth, with a revenue CAGR of 29% and a net profit CAGR of 59% from 2019 to 2024, making it a rare high-growth entity in a declining real estate market [10][42]. - The growth is driven by three main factors: product innovation focusing on cost reduction and popular products, channel expansion through offline distributors, and a market strategy emphasizing high-end cost performance [10][42][56]. - The company is expected to achieve revenues of 35.95 billion, 45.25 billion, and 56.53 billion yuan from 2025 to 2027, with corresponding net profits of 7.06 billion, 9.42 billion, and 12.37 billion yuan [8][9]. Financial Data and Profit Forecast - Total revenue (in million yuan) is projected as follows: 2,857 for 2024, 3,595 for 2025E, 4,525 for 2026E, and 5,653 for 2027E, with year-on-year growth rates of 28.6%, 25.8%, 25.9%, and 24.9% respectively [3]. - Net profit attributable to the parent company (in million yuan) is forecasted to be 531 for 2024, 706 for 2025E, 942 for 2026E, and 1,237 for 2027E, with growth rates of 59.7%, 32.8%, 33.5%, and 31.3% respectively [3]. - Earnings per share (in yuan) are expected to be 1.48 for 2024, 1.76 for 2025E, 2.35 for 2026E, and 3.09 for 2027E [3]. Company Overview - The company, founded in 2004, specializes in home hardware and has evolved into a diversified innovative enterprise, providing a comprehensive range of high-end hardware solutions [17]. - The company has a strong focus on research and development, with a total of 1,193 patents, including 18 invention patents and 252 utility model patents as of mid-2025 [17]. Growth Drivers - The company's growth is primarily attributed to its core product lines: basic hardware, storage hardware, kitchen and bathroom hardware, and outdoor furniture, with basic hardware showing the highest growth rate [43]. - The basic hardware segment has seen a remarkable CAGR of 64.0% from 2019 to 2024, significantly contributing to the company's revenue growth [43]. - The company has successfully implemented a cost reduction strategy, leading to increased production efficiency and profitability [49][54]. Market Positioning - The company adopts a "high-end cost performance" strategy, effectively capturing market share from both foreign brands and private labels [10][42]. - The brand has received multiple prestigious design awards, enhancing its competitive edge in the hardware industry [10][42]. Channel Expansion - The company has experienced rapid growth in offline distribution, which accounted for 57% of its revenue in 2024, indicating a strong channel strategy [56].

71家上市家居企业2025年市值\股价涨幅排名 从股价涨幅来看，排名呈现全然不同的格局。亚振家居以636.70%的惊人涨幅位居第一。菲林格尔、梦天家居、悍高集团等企业紧随其后，前11名企业 涨幅均超过100%。 这些企业虽在市值规模上尚未跻身绝对的头部，但其高速成长性获得了资本市场的积极反馈，反映了行业内部创新转型、细分赛道突围的活跃态势。 | 排序 | 企业简称 | 股票代码 | 最新市值 | 股价变化 | | --- | --- | --- | --- | --- | | | | | (亿元) | (年初至今) | | 1 | 亚振家居 | 603389.SH | 118.66 | 增636.70% | | 2 | 菲林格尔 | 603226.SH | 112.41 | 增568.50% | | 3 | 梦天家居 | 603216.SH | 104.66 | 增339.37% | | 4 | 悍高集团 | 001221.SZ | 231.65 | 增227.60% | | 5 | 森鹰窗 / | 301227.SZ | 50.49 | 增227.28% | | 6 | 法狮龙 | 605318.SH | ...

Group 1: Company Strategy and Performance - The company's strategy focuses on "high-end cost performance + high quality," aiming for a high-end brand image, precise cost control, and product quality management [2] - Since 2025, the company has shown a steady growth trend, with plans to deepen product category layout and multi-channel sales integration to foster new profit growth points [3] Group 2: Product and Market Positioning - The company targets the renovation and remodeling market, benefiting from the increasing demand for home improvement, which has become a core growth source [4] - The competitive advantage lies in localized adaptation and efficient response capabilities, allowing the company to meet diverse domestic housing needs [6] Group 3: Channel Strategy and Expansion - The domestic channel structure includes a diversified layout of "distribution + cloud commerce + e-commerce + direct sales," ensuring effective coverage and synergy across channels [7] - The company plans to expand its overseas business by establishing subsidiaries in more countries, enhancing local operations, and targeting mainstream e-commerce platforms [10] Group 4: Production Capacity and Future Plans - The current production capacity is nearly saturated, with plans for optimization and the construction of a new production base by 2026 to support ongoing business growth [10]

Investment Rating - The report assigns an "Accumulate" rating for the company, marking its first coverage [3][7]. Core Insights - The company is positioned as a high-growth player in the hardware industry, leveraging cost reduction and brand strength to create "high-end cost performance" [1]. - The company has achieved a compound annual growth rate (CAGR) of 29% in revenue and 59% in net profit from 2019 to 2024, showcasing its robust growth even in a challenging real estate environment [9][47]. - The growth sources are analyzed from three perspectives: product strategy focusing on cost reduction and popular products, channel expansion through offline and online sales, and a market strategy that emphasizes high-end cost performance [9][10][48]. Financial Data and Profit Forecast - Total revenue is projected to reach 35.95 billion yuan in 2025, with a net profit of 7.06 billion yuan, corresponding to a price-to-earnings (PE) ratio of 33 [2][7]. - The company expects to maintain a steady growth trajectory, with revenue forecasts of 45.25 billion yuan in 2026 and 56.53 billion yuan in 2027, alongside net profits of 9.42 billion yuan and 12.37 billion yuan respectively [2][7]. - The gross margin is anticipated to improve from 37.8% in 2025 to 39.7% in 2027, reflecting ongoing cost control and efficiency improvements [2]. Growth Drivers - The company’s growth is driven by its ability to reduce costs through increased self-production and a high proportion of standard parts, which enhances operational efficiency [10][55]. - The product mix includes a strong focus on basic hardware, which has seen a CAGR of 64% from 2019 to 2024, significantly contributing to revenue growth [48]. - The company has successfully transitioned from increasing the number of distributors to enhancing the quality of existing distributors, leading to substantial growth in single-store sales [9][10]. Market Positioning - The company adopts a "high-end cost performance" strategy, effectively competing against foreign brands and private labels, thus capturing market share from both segments [9][10]. - The brand has received multiple prestigious design awards, enhancing its competitive edge in the hardware sector [9][10]. Production Capacity and Efficiency - The company has significantly increased its production capacity, with plans for a new facility expected to enhance its ability to produce core components like hinges and guides [55][61]. - The implementation of automated production processes has led to a substantial increase in output per employee, particularly in basic hardware [63]. Research and Development - R&D expenditures have risen from 29 million yuan in 2019 to 111 million yuan in 2024, indicating a commitment to innovation and product development [42][45].

Core Viewpoint - Han Gao Group has shown a mixed performance in financing activities, with a notable decrease in net financing buy, while the company continues to demonstrate strong revenue and profit growth in its core business segments [1][2]. Financing Activities - On December 22, Han Gao Group's stock rose by 1.37%, with a trading volume of 140 million yuan. The financing buy amount for the day was 7.66 million yuan, while the financing repayment was 14.22 million yuan, resulting in a net financing buy of -6.57 million yuan [1]. - As of December 22, the total financing and securities balance for Han Gao Group was 98.79 million yuan, with a financing balance of 98.42 million yuan, accounting for 4.72% of the circulating market value [1]. - In terms of securities lending, on December 22, there were no shares repaid, with 6,200 shares sold short, amounting to 370,500 yuan at the closing price [1]. Business Performance - As of November 28, Han Gao Group had 20,400 shareholders, a decrease of 16.36% from the previous period, while the average circulating shares per person increased by 19.56% to 1,708 shares [2]. - For the period from January to September 2025, Han Gao Group achieved a revenue of 2.497 billion yuan, representing a year-on-year growth of 24.26%. The net profit attributable to the parent company was 483 million yuan, with a year-on-year increase of 38.07% [2]. Shareholder Information - As of September 30, 2025, Han Gao Group's top ten circulating shareholders included several new institutional investors, with the largest being the Jiaoyin Advanced Manufacturing Mixed Fund A, holding 897,800 shares [3]. - Other notable shareholders included Hong Kong Central Clearing Limited and various other funds, all of which are new shareholders in the company [3].