[Current Period Performance Forecast](index=1&type=section&id=%E4%B8%80%E3%80%81%E6%9C%AC%E6%9C%9F%E4%B8%9A%E7%BB%A9%E9%A2%84%E8%AE%A1%E6%83%85%E5%86%B5) The company anticipates a significant net loss attributable to shareholders of 800 million to 1.1 billion yuan for H1 2025, a substantial reversal from the prior year's profit, with revenue also projected to decline to 800-900 million yuan 2025 Semi-Annual Performance Forecast | Item | Current Period (2025H1) | Prior Period (2024H1) | | :--- | :--- | :--- | | **Net Profit Attributable to Shareholders** | Loss: 800 million to 1.1 billion yuan | Profit: 4.3725 million yuan | | **Year-over-Year Change** | Decrease 18396.17% to 25257.23% | - | | **Net Profit After Non-Recurring Items** | Loss: 801.5 million to 1.1015 billion yuan | Loss: 529.2941 million yuan | | **Basic Earnings Per Share** | Loss: 0.4613 to 0.6343 yuan/share | Profit: 0.0025 yuan/share | | **Operating Revenue** | 800 million to 900 million yuan | 1.3556356 billion yuan | [Communication with Accounting Firm](index=1&type=section&id=%E4%BA%8C%E3%80%81%E4%B8%8E%E4%BC%9A%E8%AE%A1%E5%B8%88%E4%BA%8B%E5%8A%A1%E6%89%80%E6%B2%9F%E9%80%9A%E6%83%85%E5%86%B5) The company states this performance forecast is a preliminary financial department estimate and has not yet been audited by an accounting firm - This performance forecast is a preliminary estimate by the company's finance department and has not been audited by an accounting firm[4](index=4&type=chunk) [Explanation of Performance Change](index=1&type=section&id=%E4%B8%89%E3%80%81%E4%B8%9A%E7%BB%A9%E5%8F%98%E5%8A%A8%E5%8E%9F%E5%9B%A0%E8%AF%B4%E6%98%8E) The significant projected loss is primarily due to decreased investment income from loss-making joint development projects, losses in commercial operations during transition and due to rental expenses, and a high comparative base from a one-time gain in the prior year - Key reasons for the significant year-over-year performance decline include: - **Decreased Investment Income**: Losses incurred by some equity-participating companies (cooperative development projects) - **Commercial Operations Losses**: Certain commercial projects are in a transitional adjustment period and affected by landlord rental expenses - **Comparative Base Impact**: A one-time non-recurring gain of **537 million yuan** from the sale of a subsidiary's equity in the prior period raised the comparative base[6](index=6&type=chunk) [Risk Warning](index=2&type=section&id=%E5%9B%9B%E3%80%81%E9%A3%8E%E9%99%A9%E6%8F%90%E7%A4%BA) The company warns investors that this performance forecast contains preliminary, unaudited financial data, and the final results will be based on the officially disclosed 2025 semi-annual report, advising caution regarding investment risks - The company reminds investors that this performance forecast is a preliminary, unaudited estimate, and the final financial data will be subject to the officially disclosed semi-annual report, urging investors to make cautious decisions[7](index=7&type=chunk)[8](index=8&type=chunk)

New Stock Listings - The new stock "同宇新材" (code: 301630) is listed at an issue price of 84 on July 10, 2025[1] - "中程退" (code: 300208) and "退市锦港" (code: 600190) have 6 trading days remaining until their last trading day[1] - "恒立退" (code: 000622) has 3 trading days remaining until its last trading day[1] Delisting and Trading Alerts - "退市九有" (code: 600462) has 2 trading days remaining until its last trading day[1] - "工智退" (code: 000584) will have its last trading day on July 10, 2025[1] - "美迪西" (code: 688202) is listed with no specific trading alerts mentioned[1] Market Volatility - "北方长龙" (code: 301357) has been flagged for severe abnormal fluctuations[1] - "浙江东日" (code: 600113) and "诺德股份" (code: 600110) have also been noted for abnormal trading activities[1] - "长春一东" (code: 600148) is included in the list of stocks with trading alerts[1]

New Stock Listings - Yitang Co., Ltd. (688729) listed at an issue price of 8.45 on July 8, 2025[1] - Jichuan Pharmaceutical (600566) has a tender offer period from June 18 to July 17, 2025[1] - ST Yazhen (603389) has a tender offer period from June 10 to July 9, 2025[1] Delisting and Trading Reminders - Tui Shi Jin Gang (600190) has 8 trading days remaining until the last trading day[1] - Hengli Tui (000622) has 5 trading days remaining until the last trading day[1] - Tui Shi Jiu You (600462) has 4 trading days remaining until the last trading day[1] Market Volatility - North China Long Dragon (301357) reported severe abnormal fluctuations[1] - Multiple stocks including ST Zhengping (603843) and Hunan Tianyan (600698) have reported abnormal fluctuations[3]

New Stock Issuance - Huadian New Energy (证券代码: 730930) issued shares at a price of 3.18 on July 7, 2025[1] - Jichuan Pharmaceutical (证券代码: 600566) has a tender offer period from June 18 to July 17, 2025[1] - ST Yazhen (证券代码: 603389) has a tender offer period from June 10 to July 9, 2025[1] Trading Alerts - The last trading day for TSM Jinguang (证券代码: 600190) is in 9 trading days[1] - The last trading day for TSM Jinyou (证券代码: 600462) is in 5 trading days[1] - The last trading day for TSM Gongzhi (证券代码: 000584) is in 3 trading days[1] Abnormal Fluctuations - Northern Long (证券代码: 301357) is experiencing severe abnormal fluctuations[1] - ST Dongjing (证券代码: 002199) reported abnormal fluctuations[3] - ST Yunchuang (证券代码: 835305) reported abnormal fluctuations on July 4, 2025[3]

Core Viewpoint - The rental and sales rights concept has seen a 2.20% increase, ranking 8th among concept sectors, with notable stocks like Caixin Development and *ST Nanzhi hitting the daily limit up [1][2]. Group 1: Market Performance - The rental and sales rights concept had 20 stocks rising, with Caixin Development, *ST Nanzhi, and Shilianhang leading the gains at 9.85%, 4.82%, and 4.37% respectively [1][3]. - The concept sector experienced a net inflow of 392 million yuan, with 12 stocks receiving net inflows, and 6 stocks exceeding 30 million yuan in net inflow [2][3]. Group 2: Key Stocks and Financial Metrics - The top stock by net inflow was China Merchants Shekou, with a net inflow of 137 million yuan, followed by Caixin Development, Vanke A, and I Love My Home with net inflows of 60.23 million yuan, 58.11 million yuan, and 52.67 million yuan respectively [2][3]. - The net inflow ratios for Caixin Development, Shilianhang, and *ST Nanzhi were 30.86%, 20.14%, and 16.03% respectively, indicating strong investor interest [3][4].

证券代码：002305 证券简称：*ST 南置 公告编号：2025-040 号 南国置业股份有限公司 股票交易异常波动公告 5、经核查，控股股东、实际控制人在股票交易异常波动期间未买卖公司股票； 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、误导 性陈述或者重大遗漏。 一、股票交易异常波动的情况介绍 南国置业股份有限公司(以下简称"公司")连续3个交易日（7月2 日、7月3日、 7 月 4 日）收盘价格涨幅偏离值累计超过 12%，根据《深圳证券交易所交易规则》的相 关规定，属于股票交易异常波动。 二、对重要问题的关注、核实情况说明 针对公司股票异常波动情况，公司董事会通过自查，并向公司控股股东、实际控 制人进行了核实，现将有关情况说明如下： 1、公司前期所披露的信息，不存在需要更正、补充之处； 2、公司未发现近期公共传媒报道了可能或已经对公司股票交易价格产生较大影响 的未公开重大信息； 3、公司正在筹划重大资产出售暨关联交易事项。公司控股股东中国电建地产集团 有限公司（以下简称"电建地产"）拟受让公司持有的房地产开发业务等相关资产和负 债。具体内容详见公司于 2025 年 4 月 25 ...

Group 1 - The company plans to transfer its real estate development business and related assets and liabilities to its controlling shareholder, China Electric Power Construction Group Real Estate Co., Ltd. (Electric Power Real Estate) [1] - The transaction will be conducted in cash and will not involve the issuance of shares, nor will it lead to changes in the company's controlling shareholder or actual controller [1] - The transaction constitutes a related party transaction and is expected to be classified as a major asset restructuring according to the relevant regulations [1] Group 2 - As of the date of this announcement, the company and related parties are actively advancing the transaction process, including ongoing communication, auditing, evaluation, and due diligence [2] - The scope of the target assets and transaction price have not yet been finalized, and no agreements have been signed by the parties involved [2] - The company will adhere to legal and regulatory requirements for decision-making and information disclosure as the transaction progresses [2]

南国置业股份有限公司（以下简称"公司"）拟将公司持有的房地产开发业 务等相关资产及负债转让至控股股东中国电建地产集团有限公司（以下简称"电 建地产"）。 证券代码：002305 证券简称：*ST 南置 公告编号：2025-039 号 南国置业股份有限公司 关于筹划重大资产出售暨关联交易的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，不存在虚假记载、 误导性陈述或者重大遗漏。 一、本次交易的基本情况 本次交易尚处于筹划阶段，交易标的资产范围、交易价格等要素均未最终确 定，交易双方尚未签署任何协议，交易方案仍需进一步论证和沟通协商，并履行 必要的决策和审批程序。 本次交易尚存在重大不确定性，根据《深圳证券交易所上市公司自律监管指 引第 6 号——停复牌》的规定，公司股票不停牌，公司将根据交易的进展情况， 分阶段及时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 本次交易拟采用现金方式，不涉及发行股份，也不会导致公司控股股东和实 际控制人的变更。本次交易的对手方为公司控股股东电建地产，根据《深圳证券 交易所股票上市规则》及《深圳证券交易所上市公司自律监管指引第 7 号——交 易与关联交 ...

Core Viewpoint - The kitchen and bathroom appliance market is experiencing significant differentiation, with varying performance among companies due to the downturn in the real estate sector and changing consumer preferences [2][3][4]. Group 1: Market Performance - Companies focused on integrated stoves, such as Mars and Zhejiang Meida, have seen substantial declines in performance, with Mars reporting a 35.7% drop in revenue to 1.38 billion yuan in 2024 and a 95.5% decrease in net profit [3][4]. - Zhejiang Meida's revenue in Q1 2025 fell by 63.97% to approximately 98.36 million yuan, with net profit dropping by about 90% [3][4]. - The overall retail sales of integrated stoves in China decreased by 30.6% in 2024, with Q4 experiencing a 35.3% decline [3][4]. Group 2: Challenges Faced - The decline in demand for new home renovations, consumer confidence issues, and intensified competition are the primary challenges for integrated stove companies [4]. - Companies are adjusting strategies, with Mars exploring new growth areas such as dishwashers and enhancing brand strategy [4]. Group 3: Traditional Appliance Companies - Traditional kitchen appliance leaders like Vatti and Boss Electric have maintained relatively stable performance, with Vatti achieving a revenue increase of 2.23% to 6.372 billion yuan in 2024 [5][6]. - Boss Electric reported a slight revenue increase of 0.1% to 11.212 billion yuan, although net profit decreased by 8.97% [6][7]. - Both companies benefited from the "old-for-new" appliance policy, which supported their sales channels [7]. Group 4: Product Strategy and Innovation - Vatti is focusing on high-end product development, launching new products like the "Time Capsule" series and investing in R&D, with expenses reaching approximately 263 million yuan in 2024 [7][8]. - Boss Electric faced challenges in expanding new product categories, with sales of integrated stoves and other products declining [8]. - The market share of Vatti's ultra-thin range hood reached 37.17%, maintaining the top position in the online market [10]. Group 5: Future Outlook - The kitchen and bathroom appliance industry is in a deep adjustment phase, with potential for marginal improvement in the second half of 2025 due to supportive policies and market recovery [9][10]. - The continuation of the "old-for-new" policy is expected to be a significant driver for the kitchen appliance market in 2025, with related product categories showing positive growth [10][11]. - The competitive landscape is likely to shift, with market concentration increasing as leading companies adapt to changing consumer trends and focus on innovation [11].

资金流入比率方面，财信发展、*ST南置、我爱我家等流入比率居前，主力资金净流入率分别为 43.93%、14.94%、14.41%。（数据宝） 租售同权概念资金流入榜 | 代码 | 简称 | 今日涨跌幅 | 今日换手率 | 主力资金流量（万 | 主力资金净流入比率 | | --- | --- | --- | --- | --- | --- | | | | （%） | （%） | 元） | （%） | | 000560 | 我爱我 家 | 2.61 | 5.23 | 5290.98 | 14.41 | | 600638 | 新黄浦 | 5.82 | 10.48 | 4241.20 | 10.29 | | 000838 | 财信发 展 | 9.84 | 3.04 | 3874.90 | 43.93 | | 002574 | 明牌珠 宝 | 7.56 | 19.85 | 3329.64 | 4.32 | | 600048 | 保利发 展 | 0.74 | 0.44 | 2269.74 | 5.23 | | 002305 | *ST南 置 | 5.21 | 3.23 | 1667.30 | 14.94 | | 0005 ...