索菲亚家居股份有限公司 机构调研接待工作管理办法 第一章 总则 第一条 为贯彻证券市场公开、公平、公正原则，规范索菲亚家居股份有限 公司（以下简称"公司"）对外接待行为，加强公司对外接待及与外界的交流和 沟通，提高公司投资者关系管理水平，根据《中华人民共和国公司法》《中华人 民共和国证券法》《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》等法律法规和规范性文件以及 《索菲亚家居股份有限公司章程》（以下简称"《公司章程》"）的规定，结合 公司实际，制定本办法。 第二条 本办法所述的机构调研接待工作，是指公司通过接受投资者、媒体、 证券机构的调研、一对一沟通、现场参观、分析师会议、路演和业绩说明会、新 闻采访等活动，增进资本市场对公司的了解和认同的工作。 第二章 目的和原则 第三条 制定本办法的目的在于规范公司在接受调研、采访、沟通或进行对 外宣传、推广等活动时，增加公司信息披露的透明度及公平性，改善公司治理结 构，增进资本市场对公司的了解和支持。 第四条 公司接待工作遵循以下基本原则： （一）公平、公正、公开原则 公司人员在进行接待活动中，应严格遵循公平、 ...

内部审计制度 索菲亚家居股份有限公司 第一章 总则 第一条 为维护索菲亚家居股份有限公司（以下简称"公司"）股东利益，充 分发挥审计监督管理作用，加强内部控制，提高公司经济效益，促进公司的可持 续发展，现根据《中华人民共和国公司法》《中华人民共和国证券法》《中华人民 共和国会计法》《上市公司治理准则》《企业内部控制基本规范》《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》《审计署关于内部审计工作的规定》等法律法规和以及《索菲亚 家居股份有限公司章程》（以下简称"《公司章程》"）相关规定，结合公司的实际 情况，制定本制度。 第二条 公司审计部依据国家有关法律法规、财务会计制度和企业内部管理 规定，对公司各部门和子公司的经营活动及内部控制的适当性、合法性和效益性 进行监督、检查和评价。 第二章 审计机构和人员 第三条 公司在董事会下设立审计委员会，制定审计委员会工作细则并予以 披露。审计委员会成员由三位董事组成，审计委员会成员应当为不在公司担任高 级管理人员的董事，其中独立董事应当过半数，且至少应有一名独立董事为会计 专业人士。公司董事会成员中的职工代表可 ...

Core Insights - Sofia (002572.SZ) reported a decline in revenue and net profit for the first three quarters of 2025, with revenue at 7.008 billion yuan, down 8.46% year-on-year, and net profit attributable to shareholders at 682 million yuan, down 26.05% year-on-year [1] Financial Performance - Revenue for the first three quarters reached 7.008 billion yuan, reflecting an 8.46% decrease compared to the same period last year [1] - Net profit attributable to shareholders was 682 million yuan, showing a significant decline of 26.05% year-on-year [1] Market Conditions - The decline in performance is primarily attributed to weak market demand, which has put pressure on sales [1] - Additional factors contributing to the overall revenue and profit decline include decreased income from the integrated channel and the Milan brand [1]

证券代码：002572 证券简称：索菲亚 公告编号：2025-041 索菲亚家居股份有限公司 三、审议通过了《关于修订<募集资金专项存储及使用管理制度>的议案》 表决结果：同意 6 票、反对 0 票、弃权 0 票。 第六届董事会第六次会议决议公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 索菲亚家居股份有限公司（以下简称"公司"）董事会于 2025 年 10 月 23 日以专人送达、电子邮件及电话通知的方式发出了召开公司第六届董事会第六次 会议的通知。本次会议于 2025 年 10 月 27 日上午 10 点 30 分在公司会议室以现 场会议结合通讯方式召开。会议由公司董事长江淦钧先生召集和主持。会议应到 董事 6 人，实到董事 6 人。本次会议的召集和召开符合《中华人民共和国公司法》 等法律、行政法规、规范性文件和《索菲亚家居股份有限公司章程》的有关规定， 合法有效。经与会董事审议，形成如下决议： 一、审议通过了《关于公司 2025 年第三季度报告的议案》 表决结果：同意 6 票、反对 0 票、弃权 0 票。 具体内容详见公司同日在巨潮资讯网（http ...

索菲亚公告，第三季度营收为24.57亿元，同比下降9.88%；净利润为3.62亿元，同比增长1.44%。前三 季度营收为70.08亿元，同比下降8.46%；净利润为6.82亿元，同比下降26.05%。 ...

索菲亚家居股份有限公司 2025 年第三季度报告 证券代码：002572 证券简称：索菲亚 公告编号：2025-042 索菲亚家居股份有限公司 2025 年第三季度报告 公司是否需追溯调整或重述以前年度会计数据 | | 本报告期 | 本报告期比上年同期增减 | 年初至报告期末 年初至报告期末 | | | --- | --- | --- | --- | --- | | | | | | 比上年同期增减 | | 营业收入（元） | 2,456,740,303.15 | -9.88% | 7,007,546,551.74 | -8.46% | | 归属于上市公司股东的净 | 362,145,442.17 | 1.44% | 681,525,409.25 | -26.05% | | 利润（元） | | | | | | 归属于上市公司股东的扣 除非经常性损益的净利润 | 291,893,224.43 | -14.83% | 720,424,757.12 | -17.56% | | （元） | | | | | | 经营活动产生的现金流量 | — | | — -405,093,035.57 | -347.87% | | 净额 ...

Core Insights - The home decoration industry is witnessing a shift towards "one-stop shopping," with the integration of various home furnishing categories becoming mainstream, leading to increased consumer awareness of "whole home" and "whole decoration" concepts [1][3]. Company Strategies - **Oppein Home**: The company reported a 7% year-on-year growth in its whole decoration channel revenue in the first half of the year, with some regional dealers achieving over 50% growth. However, it faces challenges from disordered competition among industry players, impacting the stability of cooperation with renovation companies [3][4]. - **Sofia**: Sofia is focusing on the whole decoration channel as a key growth area, establishing exclusive products and pricing systems to differentiate from retail channels. The company achieved revenue of 8.52 billion yuan from its whole decoration channel in the first half of the year, collaborating with 270 renovation companies across 211 cities [6][4]. - **Zhibang Home**: The company is implementing a dual approach by partnering with both national and regional large-scale decoration companies, providing product, sales, and service support while the renovation companies handle design and construction [7][9]. - **Golden Home**: The company is committed to deepening its "first partner in home decoration" strategy, enhancing its capabilities in digital empowerment, intelligent design, and supply chain management. It reported a 30% year-on-year growth in home decoration channel revenue, with 1,458 stores established by mid-2025 [10][12]. - **Iole Home**: The company is pursuing a dual-channel development strategy, focusing on both whole decoration and retail channels. It emphasizes comprehensive capability competition and has transformed traditional stores into experiential centers and community service hubs [13][15]. Industry Trends - The collaboration between home furnishing companies and renovation firms is characterized by two main trends: balancing interests between decoration channels and retail channels, and increasing empowerment of renovation companies through product development and technical support [16].

Investment Rating - The report maintains an "Overweight" rating for the industry [4] Core Views - The report emphasizes the importance of valuation switching logic in the new consumption sector, highlighting stable operational performance in the sports brand sector for Q3 [6][4] - It suggests a focus on high-growth tracks in new consumption and the valuation switching logic within the sector, particularly in the collectible toy segment [6][4] - The report identifies several companies with strong growth potential and suggests monitoring their performance closely [6][4] Summary by Sections Industry Overview - The industry consists of 175 listed companies with a total market value of 10,672.79 billion and a circulating market value of 8,623.31 billion [2] Market Performance - The Shanghai Composite Index decreased by 1.47%, while the Shenzhen Component Index fell by 4.99% during the week of October 13-17, 2025 [6][11] - The light industry manufacturing index dropped by 2.22%, ranking 13th among 28 Shenwan industries, while the textile and apparel index decreased by 0.31%, ranking 5th [6][11] Key Company Insights - Companies such as Bubble Mart are expected to release Q3 operational data, with new product launches anticipated to drive performance in Q4 [6] - 361 Degrees reported a stable performance with a 10% increase in offline and children's clothing sales, and a 20% increase in e-commerce sales [6] - Anta Sports, Li Ning, and other functional apparel brands are highlighted for their growth potential [6] Investment Opportunities - The report suggests focusing on the acceleration of the Chinese consumption supply chain going overseas, particularly in non-woven fabric manufacturing [6][7] - Companies like Yanjiang Co. are recommended for their advanced production techniques and global supply chain capabilities [7] - The pet supplies sector is also highlighted, with companies like Yuanfei Pet expected to benefit from growth in both OEM and OBM businesses [6][7] Sector Recommendations - The report recommends monitoring companies in the home furnishing sector, such as Xilinmen and Gujia Home, for potential recovery in performance and valuation [6] - In the paper industry, Sun Paper is recommended due to its integrated advantages and expected improvement in profitability [6][7] - The textile manufacturing sector suggests a focus on companies like Jingyuan International for their market share growth potential [6][7]

Investment Rating - The report provides a positive outlook on the home furnishing sector, new tobacco, and packaging industries, while indicating a stable recovery in the paper industry and light consumer goods [3][4][11]. Core Insights - The home furnishing sector shows signs of stabilization in domestic demand, with a year-on-year decrease in transaction area narrowing to -22.46% as of October 17. The external sales are boosted by strong performances on platforms like Amazon, with notable growth in GMV for several companies [4][9]. - In the new tobacco sector, there is a strong push for regulatory enforcement against illegal e-cigarettes in the U.S., which may benefit established brands. The HNB product line is expanding globally, with significant market entry planned in Italy [10][19]. - The paper and packaging industries are experiencing price adjustments due to supply-demand dynamics, with expectations for price increases in corrugated and boxboard paper. The metal packaging sector is also anticipated to see improvements in profitability due to upcoming price hikes [11][12]. Summary by Sections Home Furnishing Sector - Domestic sales are stabilizing, with transaction areas showing a reduced decline. External sales are recovering, particularly in the U.S. market, aided by a favorable exchange rate and potential interest rate cuts [4][9]. - Key companies to watch include 欧派家居, 索菲亚, and 顾家家居, which are expected to have high earnings growth and dividend support [4][9]. New Tobacco - Regulatory support for legal brands is strengthening in the U.S., with 80% of voters favoring stricter enforcement against illegal e-cigarettes. The HNB product line is set to expand in major markets [10][19]. - Recommended companies include 思摩尔国际 and 中烟香港, which are positioned well for growth [10]. Paper and Packaging - Prices for various paper products are expected to rise due to supply constraints and increased demand. The metal packaging sector is also poised for profitability improvements with anticipated price hikes [11][12]. - Key players include 裕同科技 and 太阳纸业, which are expected to perform well in the upcoming quarters [11]. Light Consumer Goods and Trendy Toys - The light consumer goods sector is gearing up for a busy Q4 with the Double Eleven shopping festival, focusing on brand penetration and product innovation [15][16]. - The trendy toy market is seeing strong performance from leading brands, with new product launches and collaborations enhancing market presence [16][18].

Core Viewpoint - Sophia's stock performance shows a slight increase, with significant financing activities indicating high investor interest despite a decline in revenue and profit [1][2]. Financing Activities - On October 15, Sophia's financing buy-in amounted to 13.49 million yuan, with a net buy of 271,900 yuan after repayments [1]. - The total financing and securities balance reached 317 million yuan, with a financing balance of 312 million yuan, representing 2.66% of the circulating market value, which is above the 90th percentile of the past year [1]. - The short selling activities on the same day included a repayment of 112,800 shares and a sale of 4,500 shares, with a total short selling amount of 58,000 yuan [1]. Company Overview - Sophia Home Co., Ltd. specializes in the research, production, and sales of customized wardrobes and related furniture, with 78.56% of its revenue coming from wardrobes and related products [1]. - The company was established on July 15, 2003, and went public on April 12, 2011 [1]. Financial Performance - For the first half of 2025, Sophia reported a revenue of 4.55 billion yuan, a year-on-year decrease of 7.68%, and a net profit of 319 million yuan, down 43.43% compared to the previous year [2]. - Cumulative cash dividends since the A-share listing amount to 5.997 billion yuan, with 2.55 billion yuan distributed over the last three years [2]. Shareholder Structure - As of June 30, 2025, the number of shareholders increased by 24.50% to 42,800, while the average circulating shares per person decreased by 19.68% to 15,221 shares [2]. - The top circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 18.54 million shares, while Guotou Securities became a new top shareholder with 10.69 million shares [2].