Core Viewpoint - Arrow Home Group Co., Ltd. reported a decline in revenue and net profit for the first half of 2025, with a focus on improving operational quality and expanding retail channels to drive future growth [2][10]. Financial Performance - The company's operating revenue for the reporting period was approximately 2.84 billion yuan, a decrease of 8.12% compared to the same period last year [2][3]. - Net profit attributable to shareholders was approximately 28.44 million yuan, down 25.15% year-on-year [2][3]. - The net cash flow from operating activities was negative at approximately -518.69 million yuan, an improvement of 12.19% from the previous year [2][3]. - Basic and diluted earnings per share were both 0.0299 yuan, a decrease of 24.11% compared to the previous year [2][3]. - The weighted average return on net assets was 0.58%, down from 0.76% [2][3]. Asset and Equity Status - Total assets at the end of the reporting period were approximately 9.37 billion yuan, a decrease of 6.95% from the end of the previous year [3]. - Net assets attributable to shareholders were approximately 4.72 billion yuan, down 2.99% year-on-year [3]. Key Business Drivers - The gross profit margin improved by 2.45 percentage points to 29.04%, indicating better profitability quality despite increased expenses leading to short-term profit pressure [6][9]. - Revenue from smart toilets was approximately 661.26 million yuan, a year-on-year increase of 4.20%, accounting for 23.31% of total revenue [7]. - Domestic retail revenue reached approximately 1.13 billion yuan, a growth of 4.03% year-on-year [8]. Strategic Initiatives - The company is focusing on enhancing retail channel management and has initiated a "store efficiency doubling project" to empower distributors [7][8]. - Plans for the second half of 2025 include expanding the store efficiency project to a broader range of distributors to further boost revenue [8]. - The company is also pursuing international expansion, particularly in emerging markets along the Belt and Road Initiative and RCEP regions [8]. Cost Management and Operational Efficiency - The company aims to improve internal management and reduce costs to enhance gross profit margins and lower expense ratios [10]. - The expense ratio for the reporting period was 27.47%, an increase of 2.53 percentage points year-on-year, with sales and management expenses also rising [9][10].

证券代码：001322 证券简称：箭牌家居 公告编号：2025-044 箭牌家居集团股份有限公司 第二届董事会第十八次会议决议公告 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、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 8 月 8 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 事会第十八次会议的通知》。2025 年 8 月 21 日，公司第二届董事会第十八次会 议（以下简称"本次会议"）以现场会议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《2025 年半年度报告全文及摘要》 表决情况：同意 9 票，反对 0 票，弃权 0 票。 （http://www.cninfo.com.cn）等指定信息披露媒体的《2025 年半年度报告》 《2025 年 ...

Group 1 - The meeting of the second supervisory board of Arrow Home Group was held on August 21, 2025, in accordance with legal regulations [1][2] - The supervisory board approved the 2025 semi-annual report, confirming that the report accurately reflects the company's actual situation without any false records or omissions [1][2] - The supervisory board also approved the report on the management and use of raised funds for the first half of 2025, affirming compliance with relevant regulations and the integrity of disclosed information [2] - The board approved a proposal regarding the transfer of employee incentive plan shares prior to the company's listing [2]

证券日报网讯8月21日晚间，箭牌家居（001322）发布公告称，公司董事会同意聘任邓庆慧先生为公司 财务总监。 ...

（文章来源：证券日报） 证券日报网讯 8月21日晚间，箭牌家居发布公告称，公司第二届监事会第十七次会议审议通过了《2025 年半年度报告全文及摘要》等多项议案。 ...

Core Viewpoint - Arrow Home announced the approval of the full and summary report for the first half of 2025 during the 18th meeting of its second board of directors [2] Group 1 - The board meeting reviewed and approved multiple proposals, including the 2025 semi-annual report [2]

Financial Performance - In the first half of 2025, the company's operating revenue was 2.837 billion CNY, a year-on-year decrease of 8.12% [1] - Gross profit margin was 29.47%, an increase of 2.43 percentage points year-on-year [1] - Net profit decreased by 25.96% year-on-year [1] - The company's net profit after deducting non-recurring gains and losses increased by 6.33% year-on-year [2] Revenue Breakdown - Domestic main business revenue was 2.726 billion CNY, a year-on-year decrease of 5.83%, accounting for 97.37% of total revenue [2] - Retail revenue was 1.138 billion CNY, a year-on-year increase of 4.22% [2] - E-commerce revenue was 576 million CNY, a year-on-year decrease of 7.85%, accounting for 20.59% of total revenue [2] - Home decoration channel revenue was 462 million CNY, a year-on-year decrease of 3.51%, accounting for 16.51% [2] - Engineering channel revenue was 549 million CNY, a year-on-year decrease of 21.35%, accounting for 19.62% [2] Cost and Expenses - Operating expenses increased by 1.19%, with selling expenses rising by 5.41% due to increased strategic investments in overseas markets [3] - The increase in operating expenses led to a 2.53% rise in the expense ratio [3] Market and Strategy - The fluctuation in the new housing market has impacted demand growth in the bathroom industry, but the demand from existing housing continues to be released [3] - The company plans to focus on retail channel construction and refine operational management, expanding the store efficiency enhancement project [3][4] - The company is actively pursuing international expansion, establishing partnerships with local distributors and expanding its online sales through overseas e-commerce platforms [4] Policy Impact - The national subsidy policy has positively influenced the company's sales structure and gross profit margin [4] - The clarity of the national subsidy policy affects the company's operational strategy, but the ongoing refinement of management is deemed more critical [4]

Core Viewpoint - Arrow Home (SZ 001322, closing price: 9.2 yuan) reported a decline in its half-year performance for 2025, indicating challenges in revenue and profit generation [2][3] Financial Performance - The company's operating revenue for the first half of 2025 was approximately 2.837 billion yuan, representing a year-on-year decrease of 8.12% [2] - The net profit attributable to shareholders was around 28.44 million yuan, down 25.15% compared to the previous year [2] - Basic earnings per share were reported at 0.0299 yuan, reflecting a decrease of 24.11% year-on-year [2]

格隆汇8月21日丨箭牌家居(001322.SZ)公布2025年半年度报告，上半年公司实现营业收入28.37亿元，同 比下降8.12%；归属于上市公司股东的净利润2844.14万元，同比下降25.15%；归属于上市公司股东的扣 除非经常性损益的净利润1428.75万元，同比增长6.33%；基本每股收益0.0299元。 ...

证券代码：001322 证券简称：箭牌家居 公告编号：2025-047 箭牌家居集团股份有限公司 关于聘任财务总监的公告 箭牌家居集团股份有限公司董事会 2025 年 8 月 22 日 附件： 邓庆慧先生，1993 年出生，中国国籍，无境外永久居留权，本科学历。曾 任立信会计师事务所（特殊普通合伙）高级经理、信永中和会计师事务所（特殊 普通合伙）高级经理，现任公司财务中心总监。 邓庆慧先生未直接持有公司股份，拟将通过公司员工持股平台共青城乐华嘉 悦投资合伙企业（有限合伙）间接持有公司 70,445 股股份，约占公司目前总股 本的 0.0073%。邓庆慧先生与持有公司 5%以上股份的股东、实际控制人、公司 其他董事、监事、高级管理人员不存在关联关系，不存在《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》等规定的不得担任高级管理人员的情形；其于 2020 年 12 月因执业某上市公司 2019 年度年报审计项目存在部分程序执行不够 充分等问题受到广东证监局警示函监督管理措施，除此以外未受过中国证监会及 其他有关部门的处罚和证券交易所纪 ...