Core Insights - Arrow Home Group conducted a targeted research meeting with Guohai Securities and Bosera Fund, focusing on various business operations and strategies [1] Group 1: Business Operations - The company emphasizes refined operations in retail channels, implementing a store efficiency enhancement project that has shown significant results in pilot stores, leading to increased retail revenue [2] - Key operational focuses include driving growth through retail channels, optimizing sales structure to improve gross margins, and implementing internal management reforms to enhance operational quality [2] - The company is actively pursuing international expansion while maintaining a strong focus on the domestic market, although overseas business currently represents a small portion of total revenue [2] Group 2: Policy Impact - Arrow Home Group is leveraging national subsidy policies to optimize its sales structure and enhance gross margins, while the clarity of these policies does influence operational strategies [2]

Group 1: Retail Channel Development - The company focuses on refining retail channel operations, emphasizing the "store efficiency doubling project" to empower distributors and enhance retail revenue [1] - The project has shown significant improvements in store efficiency, with plans to expand from pilot stores to a broader range of outlets [1] Group 2: Operational Strategy - The company aims to drive overall channel growth through retail channel expansion while systematically exploring growth paths in engineering, home decoration, and e-commerce [1] - A dual approach of product and marketing strategies is being implemented to enhance product strength and optimize sales structure, which is expected to improve gross margins [1] Group 3: International Market Expansion - The company is actively pursuing international strategies, establishing partnerships with local distributors and expanding its store presence overseas [2] - Online sales are being boosted through overseas e-commerce platforms, although the contribution of international business to overall revenue remains low [2] Group 4: Impact of National Subsidy Policies - The company is leveraging national subsidy policies to optimize sales structure, which has positively impacted gross margins [2] - The clarity of subsidy policies influences operational strategies, but the ongoing refinement of management practices is deemed more critical [2]

Meeting Information - The second meeting of the Supervisory Board of Arrow Home Group Co., Ltd. was held on October 10, 2025, via telecommunication, with all three supervisors present [2] - The second meeting of the Board of Directors was also held on October 10, 2025, with all nine directors present [6] Resolutions Passed - The Supervisory Board approved the proposal regarding the transfer of shares under the employee incentive plan, with a unanimous vote of 3 in favor [3] - The Board of Directors also approved the same proposal regarding the transfer of shares under the employee incentive plan, with a unanimous vote of 9 in favor [7][8] Employee Incentive Plan Details - The share transfer involves key management personnel, with specific amounts allocated to each individual, based on the latest audited net asset value per share [8] - The involved parties include two investment partnerships established for the employee incentive plan, with specific allocations detailed for each core management member [8]

本公司及监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、监事会会议召开情况 箭牌家居集团股份有限公司（以下简称"箭牌家居"或"公司"）已于 2025 年 9 月 30 日以电子邮件及电话通知的方式向全体监事发出了《关于召开第二届 监事会第十八次会议的通知》。2025 年 10 月 10 日，公司第二届监事会第十八 次会议（以下简称"本次会议"）以通讯表决方式在佛山市顺德区箭牌总部大厦 23 楼会议室召开。本次会议应出席监事 3 名，实际出席监事 3 名，会议由监事 会主席霍志标先生主持，公司董事会秘书列席了本次会议。本次会议的召集和召 开符合《公司法》《公司章程》的有关规定，会议合法、有效。 二、监事会会议审议情况 （一）审议通过了《关于公司上市前实施的员工激励计划份额转让的议案》 表决情况：同意 3 票，反对 0 票，弃权 0 票。 证券代码：001322 证券简称：箭牌家居 公告编号：2025-053 箭牌家居集团股份有限公司 第二届监事会第十八次会议决议公告 三、备查文件 1、公司第二届监事会第十八次会议决议。 特此公告。 箭牌家居集团股份有限公司 监事会 ...

证券代码：001322 证券简称：箭牌家居 公告编号：2025-052 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、董事会会议召开情况 箭牌家居集团股份有限公司（以下简称"箭牌家居"或"公司"）已于 2025 年 9 月 30 日以电子邮件及电话通知的方式向全体董事发出了《关于召开第二届 董事会第十九次会议的通知》。2025 年 10 月 10 日，公司第二届董事会第十九 次会议（以下简称"本次会议"）以通讯表决方式在佛山市顺德区箭牌总部大厦 23 楼会议室召开。本次会议由董事长谢岳荣先生主持，应出席董事 9 名，实际 出席董事 9 名，公司监事、高级管理人员等列席了本次会议。本次会议的召集和 召开符合《公司法》《公司章程》等的有关规定，会议合法、有效。 二、董事会会议审议情况 （一）审议通过了《关于公司上市前实施的员工激励计划份额转让的议案》 表决情况：同意 9 票，反对 0 票，弃权 0 票。 箭牌家居集团股份有限公司 第二届董事会第十九次会议决议公告 该议案已经公司第二届董事会薪酬与考核委员会第十三次会议一致审议通 过后提交董事会审议。 箭牌家居 ...

关于以集中竞价交易方式回购公司股份的进展公告 箭牌家居集团股份有限公司 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。 箭牌家居集团股份有限公司（以下简称"公司"）于 2025 年 1 月 6 日召开第 二届董事会第十五次会议、第二届监事会第十四次会议审议通过了《关于以集中 竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金及回购专项贷 款以集中竞价交易方式回购公司发行的人民币普通股（A 股）的部分社会公众股 份，用于实施股权激励计划或员工持股计划。本次回购股份的种类为公司发行的 人民币普通股（A 股），回购的资金总额不低于人民币 5,000 万元（含）且不超 过人民币 10,000 万元（含），回购价格不超过人民币 12.62 元/股（含）。根据 上述回购公司股份方案，如公司在回购股份期间发生派发现金红利等除权除息事 项的，自公司股票价格除权除息之日起，公司将根据中国证监会和深圳证券交易 所的相关规定调整回购价格上限。2025 年 5 月 22 日，公司 2024 年年度权益分 派实施完成，公司将本次股份回购价格上限由不超过人民币 12.62 元/股 ...

Core Insights - The HarmonyOS Connect partner summit was held in Shenzhen, showcasing the latest achievements of the HarmonyOS ecosystem and new products for the autumn season [1] - Arrow brand became one of the first ecological partners of HarmonyOS, launching two new smart bathroom products: the smart shower and smart bath heater [1][2] - The collaboration aims to redefine the bathroom experience by integrating smart technology with traditional bathroom functions, enhancing user experience [2][3] Group 1: Partnership and Product Launch - Arrow brand's partnership with HarmonyOS significantly boosts its confidence in product, brand, and technology [2] - The new products are designed to provide a seamless smart bathing experience, integrating with various devices like smartphones and tablets [2] - The smart shower Pro and smart bath heater Pro are designed to elevate the bathroom space from a functional area to a smart, relaxing environment [3] Group 2: Strategic Vision and Future Outlook - Arrow brand aims to redefine the bathroom space, aligning with its philosophy of providing an immersive human experience [3] - The company has been involved in the smart home sector since 2021, integrating multiple products with HarmonyOS Connect [3] - Arrow brand is committed to establishing and optimizing smart home standards, contributing to the overall intelligent transformation of the Chinese home industry [4]

Group 1 - The HarmonyOS Connect partner summit was held in Shenzhen on September 26, showcasing the latest achievements and autumn products of the HarmonyOS ecosystem, marking a significant event for the smart home industry [1][3] - Arrow Home, as a representative of the bathroom industry, became one of the first ecological partners of HarmonyOS, launching smart bathroom products such as the Arrow smart bath heater and smart shower [1][3] - The collaboration aims to provide users with an ultimate smart bathroom experience, integrating Arrow's products with Huawei's "1+8+N" strategy for multi-device synergy [3] Group 2 - Arrow Home emphasizes redefining the bathroom space from a functional area to a smart space that enhances quality of life, aligning with its philosophy of providing an immersive human experience [3][4] - The company has previously integrated multiple products with HarmonyOS Connect since 2021, enabling smart products to connect with whole-home scenarios [3] - Arrow Home plans to continue sharing its expertise in the home industry to promote the establishment and optimization of smart home standards, aiming for a comprehensive intelligent leap in China's home industry [4]

Core Viewpoint - Arrow Home Group held an online investor meeting to discuss its mid-year performance and future strategies, emphasizing its commitment to enhancing retail channels and investor communication [1][2]. Group 1: Meeting Information - The investor meeting took place on September 19, 2025, from 15:30 to 17:00 via the P5W investor relations platform [2]. - Key personnel present included Chairman and General Manager Xie Yuerong, Independent Director Rao Pinggui, Vice General Manager and Board Secretary Yang Weihua, and Financial Director Deng Qinghui [2]. Group 2: Key Highlights - Arrow Home is not currently investing in IP economy but is engaging in brand promotion and public welfare activities with IP characteristics, such as customized marketing campaigns in historical cities [3]. - The company acknowledged that its stock price is influenced by various factors, with long-term value determined by core competitiveness. It plans to focus on retail channel development and enhance store efficiency [4]. - Arrow Home has initiated multiple share buyback programs to boost investor confidence, with a total of 19.175 million shares repurchased, accounting for 1.9826% of total share capital, and a total expenditure of approximately 99.97 million yuan [4].

Group 1: Company Initiatives and Marketing Strategies - The company has not yet entered the IP economy but has engaged in city-specific marketing events that exhibit IP characteristics, such as "长安相箭" in Xi'an and "京城相箭" in Beijing, integrating smart products with local cultural elements [1] - The "Arrow Brand Ze Plan" has launched various public welfare initiatives like "I Plant a Hair for the Earth" and "Let Love Start Bathing," aiming to innovate in public welfare practices and encourage community involvement [2] Group 2: Financial Performance and Investor Confidence - The company's stock price has consistently remained below the issue price, with a noticeable decline in performance; however, the company emphasizes its long-term value driven by core competitiveness and innovation [2] - In the second half of 2025, the company plans to focus on retail channel development and aims to enhance store efficiency through a comprehensive rollout of its store effectiveness project [2] Group 3: Share Buyback Programs - The company has implemented multiple share buyback plans, with a total of 12.50 million shares repurchased for approximately 99.97 million yuan as of October 25, 2024 [3] - As of August 2025, the cumulative share buyback reached 19.18 million shares, accounting for 1.98% of the total share capital, with a total expenditure of 154.95 million yuan [3] Group 4: Communication and Transparency - The company is committed to enhancing communication with investors and improving the quality and transparency of information disclosure to foster a deeper understanding of its true value and strategic direction [4]