Core Viewpoint - Zhejiang Meida, known as the "first stock of integrated stoves," is actively engaging in capital market activities, including significant share reductions by its chairman and a strategic investment in the intelligent driving sector [2][3][4]. Financial Performance - In 2024, Zhejiang Meida reported a revenue of 877 million yuan, a year-on-year decline of 47.54%, and a net profit attributable to shareholders of 110 million yuan, down 76.21% [7]. - The company has experienced continuous revenue decline over the past three years, with revenue growth rates of -15.24%, -8.80%, and -47.54% from 2022 to 2024, respectively [7]. Market Context - The integrated stove industry, once experiencing rapid growth with a compound annual growth rate of 55.4% from 2016 to 2018, has faced significant market pressures, leading to a projected retail market decline of 30.6% in 2024 [6][7]. - The overall market for integrated stoves in China is expected to reach approximately 17.3 billion yuan in 2024, down from previous highs [6]. Strategic Investment - Zhejiang Meida has invested approximately 110 million yuan in Magic Vision Technology, acquiring a 4.8657% stake, indicating a strategic move into the intelligent driving sector [3][4]. - The investment is seen as a way to capitalize on the growth opportunities in the intelligent driving industry, which is experiencing rapid development due to increasing market penetration [4][6]. Future Outlook - Despite current challenges, Zhejiang Meida's management expresses confidence in the long-term potential of the integrated stove market, citing factors such as economic development and policy support as drivers for future growth [7]. - The company plans to actively seek new development opportunities and invest in quality projects that align with its core business [7].

Core Viewpoint - The report details a reduction in shareholding by Wang Peifei in Zhejiang Meida Industrial Co., Ltd., indicating a need for personal funds and outlining the current and future shareholding plans [3][4][5]. Group 1: Shareholding Changes - Wang Peifei held 35,860,026 shares, representing 5.5506% of the total share capital before the reduction [6]. - After the reduction of 3,557,500 shares, Wang Peifei now holds 32,302,526 shares, which is 4.9999% of the total share capital [6]. - The total share capital of the company is reported to be 646,051,647 shares [6]. Group 2: Purpose and Future Plans - The reason for the share reduction is attributed to Wang Peifei's personal financial needs [3]. - There are no specific plans to increase shareholding in the next 12 months, with decisions to be made based on market conditions [4][9]. Group 3: Compliance and Disclosure - The report confirms that all information disclosed is accurate and complete, with no false statements or omissions [2][8]. - Wang Peifei has not engaged in any other trading of the company's shares in the past six months [7].

Group 1 - The core point of the announcement is that major shareholder Wang Peifei has reduced his stake in Zhejiang Meida Industrial Co., Ltd. to below 5%, specifically to 4.9999% from 5.5506% [1] - Wang Peifei held 35,860,026 shares before the reduction, which represented 5.5506% of the total share capital, and after the reduction, he holds 32,302,526 shares, which is 4.9999% of the total share capital [1] - The reduction involved a total of 3,557,500 shares, accounting for 0.5507% of the total share capital, executed through centralized bidding [1] Group 2 - The announcement includes compliance with relevant regulations and guidelines, such as the Shenzhen Stock Exchange's self-regulatory guidelines and the interim measures for shareholders' share reduction [1][2] - The company assures that the information provided by Wang Peifei is true, accurate, and complete, with no false records or misleading statements [1]

信息披露义务人声明 一、信息披露义务人依据《中华人民共和国公司法》（下称"公司法"）、《中华 人民共和国证券法》（下称"证券法"）、《上市公司收购管理办法》（下称"收购办 法"）、《公开发行证券公司信息披露内容与格式准则第 15 号——权益变动报告 书》（下称"准则 15 号"）及相关的法律、法规编制本报告书。 二、信息披露义务人签署本报告已获得必要的授权和批准，其履行亦不违反 信息披露义务人章程或内部规则中的任何条款，或与之相冲突。 浙江美大实业股份有限公司 简式权益变动报告书 上市公司名称：浙江美大实业股份有限公司 股票上市地点：深圳证券交易所 股票简称：浙江美大 股票代码：002677 信息披露义务人：王培飞 通讯地址：浙江省海宁市袁花镇谈桥 81 号 股份变动性质：持股比例减少（减持公司股份） 签署日期：2025 年 6 月 24 日 1 三、依据《证券法》、《收购办法》、准则 15 号的规定，本报告书已全面披 露信息披露义务人在浙江美大实业股份有限公司中拥有权益的股份变动情况。截 至本报告书签署之日，除本报告书披露的持股信息外，信息披露义务人没有通过 任何其他方式增加或减少其在浙江美大实业股份有限公 ...

证券代码：002677 证券简称：浙江美大 编号：2025-020 浙江美大实业股份有限公司 关于股东减持至 5%以下暨权益变动的提示性公告 公司持股 5%以上股东王培飞先生保证向本公司提供的信息内容真实、准确、 完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 特别提示： 1、本次权益变动为股东减持，不触及要约收购。 2、本次权益变动后，股东王培飞持有公司股份 32,302,526股，占公司总股本 的4.9999%，不再是公司持股 5%以上的股东。 3、本次权益变动不会导致公司控股股东、实际控制人发生变化。 浙江美大实业股份有限公司（以下简称"公司"）于近日收到持股 5%以上股 东王培飞先生出具的《关于减持至 5%以下暨权益变动的告知函》及《简式权益变动 报告书》，王培飞先生本次权益变动前持有公司股份为 35,860,026 股，占公司总股 本的 5.5506%；本次权益变动后持有公司股份为 32,302,526 股，占公司总股本的 4.9999%。现将本次权益变动情况公告如下： 二、 其他相关说明 1、本次股东权益变动符合《公司法》《证券法》《 ...

Core Viewpoint - Zhejiang Meida (002677) announced that shareholder Wang Peifei reduced his stake in the company by 3.5575 million shares, representing 0.5507% of the total share capital, at an average price of 6.77 yuan/share and 6.83 yuan/share [1] Summary by Relevant Sections - Shareholder Activity - Wang Peifei's share reduction occurred between June 23 and June 24, 2025 [1] - After the reduction, Wang Peifei holds 32.3025 million shares, which is 4.9999% of the total share capital, thus no longer being a shareholder with over 5% ownership [1]

Core Viewpoint - Zhejiang Meida, facing a significant decline in its core business, has announced a cross-industry investment of 110 million yuan in the smart driving company, Magic Vision, which is equivalent to its entire net profit for the previous year [2][12]. Company Summary - Zhejiang Meida's revenue for 2024 was 877.42 million yuan, a decrease of 47.54% compared to 1.67 billion yuan in 2023, and its net profit dropped by 76.21% to 110.45 million yuan [4][9]. - The company's core product, integrated stoves, saw a gross margin decline of 7.39% [4]. - The company has experienced three consecutive years of revenue decline, with a projected further drop in 2025, as Q1 revenue was less than 100 million yuan, representing a year-on-year decline of 89.90% [4][6]. Industry Summary - The integrated stove industry is currently facing a downturn, with major players reporting significant revenue and profit declines in 2024. Mars (火星人) saw a 35.68% drop in revenue, while Yitian Smart (亿田智能) and Shuaifeng Electric (帅丰电器) reported declines of 42.73% and 48.29%, respectively [6]. - The overall market for integrated stoves has seen a retail sales decline of 30.6% in 2024, contrasting with growth in traditional kitchen appliance categories such as range hoods and gas stoves [6][7]. - Factors contributing to the industry's struggles include a sluggish real estate market leading to reduced renovation demand and a trend of consumer downgrade, making high-priced integrated stoves less appealing [7]. Investment Details - Zhejiang Meida plans to invest 110 million yuan in Magic Vision, acquiring a 4.87% stake in the company [3][10]. - Magic Vision reported a net loss of 148 million yuan in 2024, with total liabilities of 274 million yuan and a net asset value of approximately 30.36 million yuan [10][11]. - The investment is seen as a strategic move to tap into the growing smart driving sector, although Magic Vision has yet to achieve profitability and faces ongoing financial pressures [12].

Group 1 - Zhejiang Meida has invested 110 million yuan to acquire a 4.8657% stake in Magic Vision Intelligent, a company focused on autonomous driving and advanced driver assistance technology [1][2] - The investment includes 100 million yuan for subscribing to new registered capital and 99 million yuan for acquiring shares from Motovis Limited, resulting in a total investment of 110 million yuan [1] - Magic Vision Intelligent has a total asset of 304 million yuan and a net asset of 30 million yuan as of March 31, 2025, with a pre-investment valuation of 2.25 billion yuan [1] Group 2 - The intelligent driving industry is experiencing rapid growth due to increasing penetration rates in passenger and commercial vehicles [2] - Magic Vision Intelligent has successfully delivered products to major automotive clients such as GAC Aion, BAIC Jihe, Chery, and Changan [2] - Zhejiang Meida aims to leverage the growth opportunities in the intelligent driving sector through this investment, enhancing shareholder returns and exploring new business models [3]

Core Viewpoint - The ongoing downturn in the real estate market is negatively impacting the kitchen appliance industry, particularly the integrated stove sector, prompting leading companies to accelerate diversification efforts [2][9]. Group 1: Company Developments - Zhejiang Meida announced an investment in the intelligent driving company Magic Vision Technology, marking its entry into the smart driving sector with a total investment of approximately 110 million RMB [3]. - Other major players in the integrated stove market, such as Mars, Yitian Smart, and Shuaifeng Electric, are also expanding into new areas like robotics and computing infrastructure [2][6]. - The investment in Magic Vision is seen as a strategic move to leverage the growth potential in the smart driving industry, which is experiencing rapid development due to increasing penetration rates of intelligent driving systems [3][4]. Group 2: Industry Trends - The integrated stove industry has faced significant challenges since 2022, with companies experiencing substantial declines in revenue and net profit [9]. - The overall market for integrated stoves is projected to remain weak, with a 30.6% year-on-year decline in retail sales in 2024, indicating a difficult adjustment period for the industry [11]. - Emerging product categories, such as integrated cooking centers, are gaining traction, with a reported growth of over 100% in 2024, posing a competitive threat to traditional integrated stoves [12]. Group 3: Financial Performance - Zhejiang Meida's revenue and net profit have seen significant declines, with a 47.54% drop in revenue and a 76.21% drop in net profit projected for 2024 [9]. - Other companies in the integrated stove sector, including Mars and Yitian Smart, have also reported substantial declines in financial performance, with some facing losses [9][11]. - The stock prices of these companies have generally trended downward since their peak in 2021, reflecting the challenging market conditions [9].

Core Viewpoint - Zhejiang Meida announced its first cross-industry investment in the intelligent driving sector, aiming to capitalize on growth opportunities and enhance shareholder returns [1] Company Summary - Zhejiang Meida plans to invest approximately 100 million yuan to acquire a 3.96% stake in Moshih Intelligent, a company focused on autonomous driving and advanced driver-assistance technology [1] - The pre-investment valuation of Moshih Intelligent is 2.25 billion yuan, and after the investment, Zhejiang Meida will hold about 4.87% of the company [1] - Moshih Intelligent provides comprehensive intelligent driving solutions, including environmental perception, path planning, and decision control, and has established a significant presence in both passenger and commercial vehicle markets [1] Industry Summary - The intelligent driving industry is experiencing rapid growth, driven by increasing penetration rates of intelligent driving systems in both passenger and commercial vehicles [1] - Moshih Intelligent's products have successfully been implemented with multiple customers in the passenger and commercial vehicle sectors, indicating strong market demand [1] - The investment aligns with Zhejiang Meida's strategic development goals and is expected to enhance the company's investment capabilities and benefit shareholders in the long term [2]