证券代码：001323 证券简称：慕思股份 公告编号：2025-045 经各位监事认真审议，会议形成了如下决议： （一）审议通过《关于公司 2024 年度资本公积金转增股本预案的议案》 经审核，监事会认为：公司 2024 年度资本公积金转增股本预案符合相关法 律、法规、规范性文件以及《公司章程》的规定，充分考虑了公司目前的总体运 营情况、未来发展需求以及股东投资回报等因素，有利于公司的健康、稳定、可 持续发展，不存在损害公司及股东，特别是中小股东利益的情形。因此，同意将 该议案提交公司股东大会审议。 慕思健康睡眠股份有限公司 表决结果：3 票同意，0 票反对，0 票弃权。 第二届监事会第十次会议决议公告 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 慕思健康睡眠股份有限公司（以下简称"公司"）第二届监事会第十次会议 由监事会主席罗振彪先生召集，会议通知于 2025 年 7 月 23 日以邮件、微信、电 话的方式送达全体监事，并于 2025 年 7 月 28 日上午 10:30 以现场及通讯会议方 式在公司会议室召开。本次会议应出席监事 ...

证券代码：001323 证券简称：慕思股份 公告编号：2025-044 慕思健康睡眠股份有限公司 第二届董事会第十五次会议决议公告 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 经与会各位董事认真审议，会议形成了如下决议： （一）审议通过《关于公司 2024 年度资本公积金转增股本预案的议案》 经致同会计师事务所（特殊普通合伙）审计，公司 2024 年度合并报表实现 归 属 上 市 公 司 股 东 的 净 利 润 767,327,852.54 元 ， 母 公 司 实 现 净 利 润 1,190,165,453.49 元。截至 2024 年 12 月 31 日，合并报表可供股东分配的利润为 1,386,257,322.06 元，母公司可供股东分配的利润为 1,316,881,104.32 元。合并报 表公司资本公积金余额为 2,790,812,746.15 元，其中，"资本公积-股本溢价"余 额为 2,761,455,190.94 元；母公司资本公积金余额为 2,677,113,438.92 元，其中， "资本公积-股本溢价"余额为 2 ...

证券代码：001323 证券简称：慕思股份 公告编号：2025-046 慕思健康睡眠股份有限公司 关于 2024 年度资本公积金转增股本预案的公告 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、审议程序 慕思健康睡眠股份有限公司（以下简称"公司"）于 2025 年 7 月 28 日召开 第二届董事会第十五次会议、第二届监事会第十次会议，审议通过了《关于公司 2024 年度资本公积金转增股本预案的议案》，该议案尚需提交股东大会审议。 现将具体情况公告如下： 若公司在本次资本公积金转增股本预案披露后至权益分派实施期间因股权 激励行权、可转债转股、股份回购、新增股份上市等致使公司总股本发生变动的， 将按照转增比例不变的原则（即维持每 10 股转增 1 股的比例），相应调整转增 总额。 二、2024 年度资本公积金转增股本预案基本情况 1、分配基准：2024 年度。 2、经致同会计师事务所（特殊普通合伙）审计，公司 2024 年度合并报表实 现归属上市公司股东的净利润 767,327,852.54 元，母公司实现净利润 1,190,165,453.49 元。截至 ...

Group 1: Institutional Research on Popular Companies - The top twenty companies with the highest number of institutional research in the past 30 days include Ice Wheel Environment, China National Heavy Duty Truck Group, Boshi Jie, Yapu Co., and Huasheng Lithium Battery [13][14] - In the last five days, the most researched companies were Huasheng Lithium Battery, Weili Transmission, Hudian Co., Zhejiang Fu Holdings, and China National Heavy Duty Truck Group [13][15] - Among the top twenty companies researched in the past 30 days, seven had ten or more rating agencies, including Yanjing Beer, Hudian Co., Weichai Power, China National Heavy Duty Truck Group, BOE Technology Group, Hualing Steel, and Northern Rare Earth [13][14] - Yanjing Beer, Hudian Co., and BOE Technology Group are expected to see significant growth in net profit attributable to shareholders in 2024 compared to 2023 [13][14] Group 2: Shareholder Increase in A-Share Listed Companies - From July 21 to July 25, 2025, no companies reported significant shareholder increase announcements [16] - From January 1 to July 25, 2025, a total of 241 companies announced shareholder increases, with 63 having ten or more rating agencies [17] - Among these, 21 companies had an average proposed increase amount exceeding 1% of the latest market value, including Xianhe Co., Hubei Yihua, Xinji Energy, and Sailun Tire [17][18] Group 3: A-Share Buyback Situation - From July 21 to July 25, 2025, a total of 101 companies announced buyback progress, with 18 having ten or more rating agencies [21] - Four companies, including Jian Sheng Group, Mousse Co., Jinfa Technology, and Jinzai Food, had an average expected buyback amount exceeding 1% of the market value on the announcement date [21][22] - From January 1 to July 25, 2025, 1,605 companies announced buyback progress, with 348 having ten or more rating agencies [23] - Among these, 97 companies had a significant buyback ratio, with an average expected buyback amount exceeding 1% of the market value on the announcement date [23][24]

Investment Rating - The report provides a positive outlook on various sectors, indicating a stable recovery in the home furnishing and paper packaging sectors, while new tobacco and packaging sectors show robust growth [3][4]. Core Insights - The home furnishing sector is expected to see marginal improvement in domestic demand due to government support for consumption upgrades, with a focus on companies with high dividend yields and growth certainty for 2025 [5][10]. - The new tobacco sector is experiencing growth, particularly in heated tobacco products (HTP), with significant sales increases reported in Europe and a growing user base for IQOS [11]. - The paper packaging sector is facing a gradual recovery in pulp prices, with a focus on companies that maintain strong market positions and high dividends [12]. - The light consumer goods and pet food sectors are under pressure, but there are opportunities in innovative product launches and channel expansion [15]. - The two-wheeler sector is poised for a rebound with government subsidies and new standards expected to drive demand [16][17]. Summary by Sections Home Furnishing - Domestic sales are expected to improve due to government initiatives, with a focus on companies with strong growth prospects and high dividends [5][10]. - Export figures show a slight increase in June, but a cumulative decline for the first half of the year [10]. New Tobacco - HNB sales increased by 10.5% year-on-year, with a growing user base for IQOS [11]. - The regulatory environment in the U.S. is tightening, which may benefit compliant market players [11]. Paper Packaging - Pulp prices have shown slight increases, but overall market conditions remain challenging [12]. - Companies with strong market positions and dividend policies are recommended for investment [12]. Light Consumer Goods & Pet Food - The sector is facing challenges, but there are opportunities in new product launches and expanding distribution channels [15]. - Online sales data indicates mixed performance across different product categories [23]. Two-Wheeler - The sector is expected to benefit from government subsidies and new regulations, with a focus on companies that can leverage these changes for growth [16][17]. - Recent data shows a significant number of electric bikes being replaced under the subsidy program [26][27].

证券代码：001323 证券简称：慕思股份 公告编号：2025-042 （一）本次担保的基本情况 为满足公司生产经营活动的需要，东莞慕思寝具销售有限公司（以下简称"慕 思销售"）、重庆慕雅家居时尚有限公司（以下简称"慕雅时尚"）于 2025 年 7 月 24 日与中国光大银行股份有限公司深圳分行（以下简称"光大银行"或"融 资行"）分别签署了《综合授信协议》。结合慕思健康睡眠股份有限公司（以下 简称"慕思股份"或"公司"）与光大银行签署的《综合授信协议》及《战略客 户授信额度使用授权委托书》，公司为慕思销售、慕雅时尚在融资行获授的授信 融资额度所负的全部债务承担连带偿还义务，具体明细如下： | 授信单位/被担保人 | 担保人 | 授信银行/债权人 | 授信金额/担保金额/万元 | | --- | --- | --- | --- | | 慕思销售 | 慕思股份 | 光大银行 | 7,000 | | 慕雅时尚 | 慕思股份 | 光大银行 | 15,000 | （二）本次担保事项履行的内部决策程序 公司于 2025 年 4 月 24 日、2025 年 5 月 16 日，分别召开了第二届董事会第 十四次会议、2024 ...

证券代码：001323 证券简称：慕思股份 公告编号：2025-041 （一）本次担保的基本情况 为满足公司生产经营活动的需要，慕思健康睡眠股份有限公司（以下简称"慕 思股份"或"公司"）于 2025 年 7 月 18 日与中国民生银行股份有限公司东莞分 行（以下简称"民生银行"或"融资行"）签署了《最高额保证合同》，为全资 子公司东莞慕思寝具销售有限公司（以下简称"慕思销售"）向融资行申请的授 信融资提供连带责任保证担保，具体如下： | 授信单位/被担保人 | 担保人 | 授信银行/债权人 | 授信金额/担保金额/万元 | | --- | --- | --- | --- | | 慕思销售 | 慕思股份 | 民生银行 | 30,000 | （二）本次担保事项履行的内部决策程序 公司于 2025 年 4 月 24 日、2025 年 5 月 16 日，分别召开了第二届董事会第 十四次会议、2024 年年度股东大会，审议通过了《关于公司及子公司 2025 年度 向银行申请综合授信额度并为子公司提供担保的议案》。同意公司为子公司/孙 公司（均为合并报表范围内的公司，以下统称"子公司"）申请 2025 年度综合 授信提 ...

Core Viewpoint - The company has approved a share repurchase plan to buy back its own shares using its own funds, with a total repurchase amount ranging from RMB 120 million to RMB 240 million, aimed at reducing registered capital through share cancellation [2][4]. Share Repurchase Plan - The company will repurchase A-shares through the Shenzhen Stock Exchange, with a maximum repurchase price set at RMB 39 per share initially, later adjusted to RMB 38.26 and then to RMB 37.28 [2][4][5]. - The estimated number of shares to be repurchased is approximately 3,076,923 shares at the upper limit and 313,640 shares at the lower limit based on the initial plan [2][4]. - The repurchase period is set for 12 months from the date of the shareholders' meeting that approved the plan [2]. Implementation Status - As of July 18, 2025, the company completed the share repurchase, acquiring a total of 4,265,977 shares, which is 1.07% of the total share capital [4][5]. - The highest transaction price during the repurchase was RMB 30.07 per share, and the lowest was RMB 27.72 per share, with a total transaction amount of approximately RMB 121.89 million [4][5]. Impact on Company - The share repurchase will not significantly affect the company's operations, finances, research and development, debt obligations, or future development [5]. - The repurchased shares will be canceled, leading to a reduction in registered capital, with the share structure adjusted accordingly [5][6]. Compliance and Disclosure - The company has adhered to relevant regulations regarding the share repurchase, ensuring that the execution aligns with the approved plan [5][6]. - The company will disclose the progress of the repurchase on a monthly basis during the first three trading days of each month [4][5].

慕思健康睡眠股份有限公司 关于回购股份实施结果暨股份变动的公告 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。 慕思健康睡眠股份有限公司（以下简称"公司"）于 2024 年 7 月 2 日召开 第二届董事会第七次会议和第二届监事会第五次会议，并于 2024 年 7 月 19 日召 开 2024 年第一次临时股东大会，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通过深圳证券交易所交易系统以集 中竞价交易方式回购部分公司股份，本次回购股份将全部用于注销以减少注册资 本。本次回购股份的种类为公司发行的 A 股社会公众股份，回购资金总额不低 于人民币 12,000 万元（含），不超过人民币 24,000 万元（含），回购价格不超 过人民币 39 元/股（含）；按回购金额上限人民币 24,000 万元、回购价格上限 39 元/股测算，回购股份数量约为 6,153,846 股，占公司目前总股本的 1.54%；按 回购金额下限人民币 12,000 万元、回购价格上限 39 元/股测算，回购股份数量约 为 3,076,923 股，约占公司 ...

Investment Rating - The report maintains a positive outlook on the light industry and paper-making sector for the mid-2025 earnings forecast, indicating a favorable investment rating for these industries [1]. Core Insights - The report highlights a divergence in performance within the export sector for Q2 2025, with companies that have a global supply chain showing resilience against external tariff disruptions. Notable performers include Jiangxin Home, Jiayi Co., and Tianzhen Co. [4][5]. - The two-wheeler segment is expected to benefit from government subsidies and new standards, with companies like Yadi Holdings and Aima Technology showing strong growth potential [4]. - The light consumer goods sector is characterized by a robust domestic demand, particularly in personal care products, with companies like Baiya Co. and Dengkang Oral Care expected to perform well [4]. - The packaging industry is undergoing consolidation, with leading companies experiencing a slowdown in capital expenditure, indicating a shift towards a harvest phase [4]. - The home furnishing sector is facing short-term order impacts due to the pause in government subsidies, but long-term growth is anticipated through market integration and new product categories [4]. - The paper-making sector is expected to see stable profitability due to low raw material costs and improved supply-demand dynamics [4]. Summary by Sections Export Sector - Q2 2025 shows performance divergence due to increased external disruptions, with companies like Jiangxin Home expected to see a 40%+ growth in net profit [5][6]. - Jiayi Co. anticipates a 30%+ revenue increase, while Tianzhen Co. is expected to recover orders significantly [4][5]. Two-Wheeler Sector - Companies like Aima Technology and Ninebot are projected to grow by 20% and 50% respectively in Q2 2025, driven by new product launches and market demand [8][9]. Light Consumer Goods - The sector is expected to show resilience, with companies like Chaohongji and Baiya Co. projected to grow by 20% and 2% respectively in revenue [10][11]. Packaging Industry - The report notes a continued consolidation trend, with companies like Yutong Technology and Baosteel Packaging expected to maintain stable revenue growth [12][14]. Home Furnishing Sector - The sector is facing challenges due to subsidy pauses, but companies like Mousse and Zhizhong Home are expected to adapt and show growth in the long term [13][15]. Paper-Making Sector - The report indicates stable profitability for the paper-making sector, with companies like Sun Paper and Huawang Technology expected to benefit from improved market conditions [17].