中信证券股份有限公司 关于箭牌家居集团股份有限公司 2024年度内部控制评价报告的核查意见 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为箭牌家居集 团股份有限公司（以下简称"箭牌家居"或"公司"）首次公开发行股票并上市的保 荐人，根据《企业内部控制基本规范》《企业内部控制配套指引》《证券发行上市 保荐业务管理办法》《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》等有关法律法规的要求，对《箭 牌家居集团股份有限公司2024年度内部控制评价报告》进行了核查，核查的具体 情况如下： 一、保荐人进行的核查工作 保荐人指派担任箭牌家居持续督导工作的保荐代表人及项目组人员采取查 阅公司与财务报告和信息披露事务相关的内部控制制度；查阅三会文件、内部审 计报告等；与公司内部审计人员、高管人员沟通等方式，在对公司内部控制的完 整性、合理性及有效性进行合理评价基础上，对公司董事会出具的内部控制评价 报告进行了核查。 二、内部控制评价结论 根据公司财务报告内部控制重大缺陷的认定情况，于内部控制评价报告基准 日，不存在财务报告内部控制重大缺陷，董事会认为，公司已按照 ...

关于箭牌家居集团股份有限公司 2024 年度募集资金存放与使用情况的专项核查报告 中信证券股份有限公司（以下简称"中信证券"或"保荐人"）作为箭牌家居集团 股份有限公司（以下简称"箭牌家居"或"公司"）首次公开发行股票并上市的保荐人， 根据《证券发行上市保荐业务管理办法》《深圳证券交易所上市公司保荐工作指引》 《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》《上市公司监管指引第 2 号—上市公司募集资金管理 和使用的监管要求》等有关法律法规的要求，对公司 2023 年度募集资金存放与实 际使用情况进行了核查，核查的具体情况如下： 一、募集资金基本情况 （一） 募集资金金额及到位时间 经中国证券监督管理委员会《关于核准箭牌家居集团股份有限公司首次公开 发行股票的批复》（证监许可[2022]1977 号）核准，箭牌家居集团股份有限公司获 准向社会公开发行人民币普通股股票（A 股）96,609,517 股，每股面值人民币 1.00 元，每股发行价格为人民币 12.68 元，募集资金合计 1,225,008,675.56 元。根据公 司与主承销商、保荐人中信证券 ...

箭牌家居集团股份有限公司 2024 年度独立董事述职报告（饶品贵） 作为箭牌家居集团股份有限公司（以下简称"公司"）的独立董事，本着向 公司全体股东负责的原则，本人严格按照《中华人民共和国公司法》《中华人民 共和国证券法》《上市公司治理准则》《上市公司独立董事管理办法》等相关法律、 法规以及《公司章程》《独立董事工作制度》等公司制度的规定，忠实履行独立 董事职责，认真行使公司赋予独立董事的权利，积极出席相关会议，认真审议各 项议案，充分发挥独立董事的独立作用，切实维护公司整体利益和全体股东的合 法权益。现将本人 2024 年度任职期内履行独立董事职责情况报告如下： 一、独立董事的基本情况 本人饶品贵，男，1975 年出生，中国国籍，无境外永久居留权，会计学博士， 会计学教授。2019 年 12 月至今，任公司独立董事（会计专业人士）。现任暨南大 学管理学院教授、博士生导师、广东省珠江学者特聘教授、暨南大学校学术委员 会委员、全国审计专业学位研究生教指委委员、中国总会计师协会财务管理专业 委员会委员、广州市注册会计师协会专业及人才委员会委员。此外，还兼任佛山 市国星光电股份有限公司独立董事、金三江（肇庆）硅材料 ...

箭牌家居集团股份有限公司 本人李胜兰，女，1960 年出生，中国国籍，无境外永久居留权，博士学位。 现任中山大学岭南学院经济学教授、博士生导师，兼任广东省经济学会常务副会 长。2019 年 12 月至今，任公司独立董事。此外，本人还兼任广州好莱客创意家 居股份有限公司独立董事、江西九丰能源股份有限公司独立董事、惠州农村商业 银行股份有限公司（非上市公司）独立董事等职务。 本人对独立性情况进行了自查，确认符合《上市公司独立董事管理办法》《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》等相关法 律法规中对独立董事独立性的相关要求，不存在影响独立性的情形；并将自查情 况提交董事会，董事会对本人的独立性情况进行了评估并出具专项意见。 2024 年度，公司共召开 6 次董事会会议（其中 4 次以现场会议结合电子通 信方式召开，2 次以通讯表决方式召开），以现场投票与网络投票相结合的方式 召开股东大会 1 次，公司董事会、股东大会的召集召开符合法定程序。本人无委 托其他独立董事代为出席应出席会议并行使表决权的情形，也不存在连续两次未 亲自出席董事会的情形。2024 年度本人对公司董事会各项议案没有 ...

箭牌家居集团股份有限公司 2024 年度独立董事述职报告（王晓华） 作为箭牌家居集团股份有限公司（以下简称"公司"）的独立董事，本着向 公司全体股东负责的原则，本人严格按照《中华人民共和国公司法》《中华人民 共和国证券法》《上市公司治理准则》《上市公司独立董事管理办法》等相关法律、 法规以及《公司章程》《独立董事工作制度》等公司制度的规定，忠实履行独立 董事职责，认真行使公司赋予独立董事的权利，积极出席相关会议，认真审议各 项议案，充分发挥独立董事的独立作用，切实维护公司整体利益和全体股东的合 法权益。现将本人 2024 年度任职期内履行独立董事职责情况报告如下： 一、独立董事的基本情况 本人王晓华，男，1961 年出生，中国国籍，无境外永久居留权，法律硕士研 究生，一级律师。2019 年 12 月至今，任公司独立董事。1993 年 1 月起创办并任 职于广东广信君达律师事务所，现担任事务所名誉主任，同时担任广东省政协常 委、广东省人大常委会监督司法咨询专家、广东省人民政府法律顾问服务团队成 员、广东省公安厅法律顾问等。本人还兼任广东世荣兆业股份有限公司独立董事 等职务。 本人对独立性情况进行了自查，确认符合 ...

箭牌家居集团股份有限公司 公司章程 二○二五年四月 | | | | 第一章 | 总则 1 | | --- | --- | | 第二章 | 经营宗旨和范围 2 | | 第三章 | 股份 3 | | 第四章 | 股东和股东大会 7 | | 第五章 | 董事会 24 | | 第六章 | 总经理及其他高级管理人员 35 | | 第七章 | 监事会 37 | | 第八章 | 财务会计制度、利润分配和审计 39 | | 第九章 | 通知和公告 45 | | 第十章 | 合并、分立、增资、减资、解散和清算 46 | | 第十一章 | 修改章程 51 | | 第十二章 | 附则 51 | 公司由广东乐华家居有限责任公司以整体变更方式设立；在佛山市市场监督 管理局注册登记，取得营业执照（统一社会信用代码：91440600065160777Y）。 第三条 公司于 2022 年 8 月 29 日经中国证券监督管理委员会（以下简称 "中国证监会"）批准，首次向社会公众发行人民币普通股 96,609,517 股，于 2022 年 10 月 26 日在深圳证券交易所上市。 第四条 公司注册名称：箭牌家居集团股份有限公司。 公司的英文名称 ...

Financial Performance - Arrow Home Group reported a stable revenue growth of 15% year-on-year, reaching RMB 1.2 billion in the latest quarter[18]. - The company achieved a net profit margin of 12%, translating to a net profit of RMB 144 million, which is an increase of 20% compared to the previous year[18]. - The company's operating revenue for 2024 was ¥7,131,473,681.44, a decrease of 6.76% compared to ¥7,648,176,491.41 in 2023[21]. - Net profit attributable to shareholders decreased by 84.28% to ¥66,766,590.35 in 2024 from ¥424,642,662.96 in 2023[21]. - The net profit after deducting non-recurring gains and losses fell by 92.59% to ¥29,038,133.92 in 2024 from ¥391,847,062.82 in 2023[21]. - The cash flow from operating activities decreased by 55.90% to ¥514,216,301.12 in 2024 from ¥1,166,065,213.98 in 2023[21]. - Basic and diluted earnings per share dropped by 84.09% to ¥0.07 in 2024 from ¥0.44 in 2023[21]. - The gross profit margin for the main business in 2024 was 24.79%, down 3.24% year-on-year[104]. - The company reported a net cash flow from operating activities of CNY 514,216,301.12, while the net profit was CNY 62,793,939.11, indicating a significant difference of 718.89% primarily due to a decrease in gross margin and an increase in management expense ratio, leading to a net profit decline of 85.18%[124]. Market Trends and Risks - The company acknowledges risks including intensified market competition, fluctuations in the real estate market, and a slowdown in consumer demand, which may impact future performance[5]. - The real estate development investment in 2024 was ¥100,280 billion, a decrease of 10.6% compared to the previous year[30]. - The new housing construction area in 2024 decreased by 23.0% to 73,893 million square meters compared to the previous year[30]. - The market for smart toilets in China is still developing, with a current penetration rate of approximately 9.6%, compared to 90% in Japan and around 60% in South Korea and the USA, indicating substantial growth potential[45]. - Fluctuations in raw material prices pose a risk to the company's profitability, particularly if costs cannot be passed on to consumers[155]. Product Development and Innovation - The company is investing RMB 50 million in R&D for new smart home technologies, aiming to launch two new products in the next six months[18]. - The company sold 1.1896 million smart toilets in 2024, a year-on-year increase of 8.94%, while smart toilet revenue was 1.5235 billion yuan, a decrease of 2.49%[75]. - The company launched several new products at the 28th Shanghai International Kitchen and Bath Exhibition, enhancing product competitiveness and user experience[76]. - The company has completed several key R&D projects, including a showerhead with independent intellectual property rights and a smart toilet with efficient deodorization technology[121]. - The company has developed multiple national standards for water efficiency and energy-saving products, enhancing its role as an industry leader[93]. Strategic Initiatives - Arrow Home Group plans to expand its market presence by entering three new provinces in China by the end of the fiscal year[18]. - The company is exploring potential acquisitions in the bathroom fixtures sector to enhance its product portfolio[18]. - The company aims to focus on retail channel development in 2025, aiming to enhance product planning and optimize promotional efficiency[105]. - The company is committed to promoting green consumption and participating in government-led initiatives for upgrading and replacing old consumer goods[60]. - The company is focusing on digital transformation and the application of AI technology across its entire value chain to improve operational efficiency[150]. Governance and Management - The board of directors has confirmed the accuracy and completeness of the annual report, ensuring no false records or misleading statements exist[4]. - The company has established a governance structure that ensures shareholders can fully exercise their rights and enjoy equal status, particularly for minority shareholders[163]. - The board of directors consists of 9 members, including 3 independent directors, and operates in compliance with legal requirements[165]. - The company has implemented a comprehensive review and revision of its governance rules to align with current regulations and improve operational efficiency[164]. - The company has established specialized committees under the board to provide consultation and advice for major decisions, enhancing decision-making efficiency[162]. Investor Relations - The company conducted multiple investor meetings and communications throughout 2024, focusing on operational performance and development plans[157]. - The company aims to enhance communication with investors in 2025 to increase understanding and support[159]. - The company has not disclosed a market value management system or valuation enhancement plan[160]. - The company is focused on expanding its investor relations efforts to foster greater engagement and support[159]. Sustainability and Social Responsibility - The company is actively participating in green factory construction and the development of water-saving and energy-efficient products, aligning with its social responsibility initiatives[73]. - The Chinese government has implemented multiple policies to promote the green and low-carbon transformation of the building materials industry, with expected annual revenue from green building materials exceeding 300 billion yuan by 2026, growing at an average rate of over 10% annually from 2024 to 2026[49]. - The promotion of green building materials aims to facilitate high-quality development in the industry and support rural construction[51]. Sales and Distribution - The company's retail, e-commerce, and home decoration channels accounted for a combined revenue share of 78.04%, while engineering channel revenue made up 21.96%[35]. - The company has over 20,000 terminal store outlets as of the end of 2024, establishing a comprehensive marketing network across retail, e-commerce, and home decoration channels[102]. - The company's e-commerce revenue was 1.5294 billion yuan in 2024, a year-on-year decrease of 4.92%, despite a 25.58% increase in direct e-commerce channel revenue in Q4[82]. Financial Management - The company aims to improve its capital structure and reduce financial costs through supplementary working capital[140]. - The company has committed to several projects, including a smart home product capacity upgrade project with a total investment of RMB 45 million, of which 76.66% has been completed[138]. - The company has not made any changes to the intended use of the raised funds[138].

Financial Performance - The company's revenue for Q1 2025 was ¥1,049,956,243.78, a decrease of 7.46% compared to ¥1,134,641,494.98 in the same period last year[4] - The net loss attributable to shareholders was ¥73,133,726.04, an improvement of 19.05% from a loss of ¥90,345,149.34 in the previous year[4] - The basic earnings per share improved to -¥0.0768 from -¥0.0937, reflecting an 18.04% increase[4] - Operating profit for the current period is -¥84,216,264.84, an improvement from -¥92,440,979.52 in the previous period[15] - Net profit for the current period is -¥73,889,680.35, compared to -¥91,152,629.10 in the previous period, indicating a reduction in losses[15] - The total comprehensive income attributable to the parent company was -72,633,388.09 CNY, compared to -90,211,239.01 CNY in the previous period, reflecting a decrease in losses[16] - The company reported a total comprehensive loss of -73,389,342.40 CNY, compared to -91,018,718.77 CNY in the previous period, indicating a reduction in overall losses[16] Cash Flow - The net cash flow from operating activities was -¥683,115,746.64, showing a 27.26% improvement compared to -¥939,096,840.44 in the same period last year[4] - The net cash flow from investing activities improved by 32.59%, with a net outflow of -¥115,281,318.87 compared to -¥171,005,978.81 in the previous period[8] - The net cash flow from financing activities was -26,899,951.97 CNY, compared to -9,374,341.18 CNY in the previous period, indicating increased cash outflow[18] - The company received 37,762,280.38 CNY in cash related to other operating activities, an increase from 25,635,719.70 CNY in the previous period[18] - The company paid 1,233,476,688.26 CNY for purchasing goods and services, a decrease from 1,570,638,262.90 CNY in the previous period[18] Assets and Liabilities - Total assets decreased by 7.17% to ¥9,349,471,980.27 from ¥10,071,432,360.72 at the end of the previous year[4] - Total liabilities decreased to ¥4,573,544,751.72 from ¥5,200,690,726.14, a reduction of about 12.04%[13] - Current assets totaled ¥2,562,512,380.49, down from ¥3,243,935,092.10, representing a decrease of approximately 20.98%[12] - Inventory increased to ¥1,369,955,067.46 from ¥1,213,218,151.78, marking an increase of about 12.93%[12] - Long-term equity investments rose slightly to ¥14,963,660.13 from ¥14,594,957.66, an increase of 2.52%[12] Shareholder Information - The total number of common shareholders at the end of the reporting period is 19,484, with no preferred shareholders having restored voting rights[9] - The largest shareholder, Foshan Lehua Hengye Industrial Investment Co., holds 49.56% of shares, totaling 480,000,000 shares[9] - Shareholder Xie Yuerong holds 21.47% of shares, amounting to 208,000,000 shares, with 134,604,645 shares frozen due to legal disputes[10] - The top 10 shareholders collectively hold significant stakes, with the top three shareholders accounting for over 79% of total shares[9] - The company repurchased 15,539,300 shares, representing 1.60% of the total share capital, which is not included in the top 10 shareholders list[11] - The employee stock ownership platform, QG Cheng Lehua Jiayue Investment Partnership, reduced its holdings by 151,500 shares in Q1 2025[11] - The company has not reported any changes in the lending or borrowing of shares among the top 10 shareholders due to margin trading[11] - The total number of shares held by the top 10 unrestricted shareholders includes 24,245,846 shares from Zhuhai Ao Heng Equity Investment Partnership[9] - The company is currently involved in arbitration related to the frozen shares of Xie Yuerong, which may impact shareholder dynamics[10] Other Income and Expenses - Other income decreased by 33.70% to ¥8,232,018.67, primarily due to reduced government subsidies received[7] - The company experienced an 811.14% increase in non-operating expenses, totaling ¥2,476,284.54, mainly due to increased tax penalties[7] - The company reported a decrease in research and development expenses to ¥72,350,390.97 from ¥75,806,645.16, a decline of approximately 4.83%[15]

关于以集中竞价交易方式回购公司股份的进展公告 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。 箭牌家居集团股份有限公司 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）。按照回 购价格上限人民币 12.62 元/股测算，当回购金额为上限人民币 10,000 万元时， 预计回购股份数量约为 7,923,930 股，约占公司目前总股本的 0.8181%；当回购 金额为下限人民币 5,000 万元时，回购股份数量约为 3,961,965 股，约占公司目 前总股本的 0.4090%，具体 ...

注 1：此处授信金额为授信额度最高限额，担保债权金额为对应的授信额度敞口最高限额。 注 2：恒业厨卫、乐华智能、乐华恒业电商最近一期的资产负债率超过 70%，为上述主体提供担保的金额合计 为人民币 33,000 万元。 证券代码：001322 证券简称：箭牌家居 公告编号：2025-012 箭牌家居集团股份有限公司 关于公司及全资子公司向银行申请综合授信并提供担保的进展公告 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、授信及担保情况概述 箭牌家居集团股份有限公司（以下简称"公司"或"箭牌家居"）于 2024 年 4 月 19 日召 开的第二届董事会第十次会议、2024 年 5 月 13 日召开的 2023 年度股东大会审议通过了《关 于 2024 年度向银行申请综合授信并提供担保的议案》，鉴于公司与众多大型商业银行长期保 持良好的业务合作关系，为提高融资效率并降低融资成本，结合公司及全资子公司日常生产 经营和业务发展需要，公司及部分全资子公司 2024 年度拟向银行申请总额为 693,600.00 万 元（敞口为 572,000.00 万元）的综合授信 ...