Core Viewpoint - The company has signed a strategic cooperation framework agreement with Jiangxi Huashuo Holding Group Co., Ltd. and Wang Zhihong, aiming to enhance competitiveness and supply chain advantages in the ceramics industry [1] Group 1 - Wang Zhihong plans to increase his stake in the company through various trading methods, with a transaction amount between 100 million and 200 million yuan within six months [1] - The agreement is expected to build a close strategic partnership between the parties involved [1] - The signing of this agreement is not anticipated to have a significant impact on the company's financial status and operating results for the current year [1]

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].

Core Viewpoint - The stock of Diou Water has shown a significant increase of 44.29% year-to-date, despite recent fluctuations in the short term [2] Company Overview - Diou Water Group Co., Ltd. is located in Chengdu, Sichuan Province, and was established on March 14, 1994, with its listing date on May 25, 2016 [2] - The company specializes in the research, design, manufacturing, and sales of acrylic sheets and sanitary ware, as well as mid-to-high-end architectural ceramics [2] - The revenue composition is as follows: ceramic wall and floor tiles 78.32%, bathroom products 16.47%, new materials 4.18%, and others 1.03% [2] Stock Performance - As of October 22, the stock price increased by 2.10% to 6.32 CNY per share, with a trading volume of 18.68 million CNY and a turnover rate of 0.68%, resulting in a total market capitalization of 3.244 billion CNY [1] - Year-to-date, the stock has experienced a 44.29% increase, with a slight rise of 0.32% over the last five trading days, but a decline of 4.10% over the last 20 days and 4.96% over the last 60 days [2] Shareholder Information - As of September 16, the number of shareholders is 20,300, with an average of 21,569 circulating shares per person, reflecting an increase of 28.67% [3] Financial Performance - For the first half of 2025, Diou Water reported a revenue of 1.176 billion CNY, a year-on-year decrease of 15.35%, and a net profit attributable to shareholders of -84.32 million CNY, down 53.13% year-on-year [3] - Since its A-share listing, the company has distributed a total of 385 million CNY in dividends, with no dividends paid in the last three years [4]

Core Points - The company announces the interest payment details for the "Dio Convertible Bonds" for the period from October 25, 2024, to October 24, 2025, with a coupon rate of 1.60% [11][4] - The interest payment date is set for October 27, 2025, due to the preceding non-trading day [5][2] - The total issuance of the "Dio Convertible Bonds" is 15 million bonds, amounting to 1.5 billion yuan [4][9] Summary by Sections Interest Payment Details - The interest for every 10 "Dio Convertible Bonds" (total face value of 1,000.00 yuan) will be 16.00 yuan (including tax) [11][1] - The interest tax for individual investors is withheld at a rate of 20%, resulting in a net payment of 12.80 yuan for every 10 bonds [11][12] - For qualified foreign institutional investors (QFII and RQFII), the interest is exempt from corporate income tax and value-added tax, maintaining the full payment of 16.00 yuan [11][16] Bond Characteristics - The bond code is 127047, and it was publicly issued on October 25, 2021, with a total issuance amount of 1.5 billion yuan [4][10] - The bond has a maturity period from October 25, 2021, to October 24, 2027, with a conversion period from April 29, 2022, to October 24, 2027 [4][9] - The coupon rates for the bond are structured to increase over the years, starting from 0.30% in the first year to 2.50% in the sixth year [3][4] Payment and Taxation - The bondholders must be registered by the debt registration date of October 24, 2025, to receive the interest payment [12][13] - The company will not withhold taxes for other bondholders, who are responsible for their own tax payments [11][17] - The interest payment will be processed through the China Securities Depository and Clearing Corporation Limited, Shenzhen Branch [14][9]

1、"帝欧转债"将于 2025 年 10 月 27 日按面值支付第四年利息，每 10 张 "帝欧转债"（合计面值 1,000.00 元）利息为 16.00 元（含税）。 2、债权登记日：2025 年 10 月 24 日。 | 证券代码：002798 | 证券简称：帝欧水华 | 公告编号：2025-130 | | --- | --- | --- | | 债券代码：127047 | 债券简称：帝欧转债 | | 帝欧水华集团股份有限公司 关于帝欧转债2025年付息的公告 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 本公司及全体董事会成员保证公告内容真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏。 特别提示 3、本次付息期间及票面利率：计息期间为 2024 年 10 月 25 日至 2025 年 10 月 24 日，票面利率为 1.60%。 4、除息日：2025 年 10 月 27 日 。 5、付息日：2025 年 10 月 27 日（因 2025 年 10 月 25 日为非交易日，故顺 延至下一交易日）。 6、"帝欧转债"票面利率：第一年 0.30%、第二 ...

Group 1: Guoguang Chain - Guoguang Chain reported a net profit of 11.49 million yuan for the first three quarters, a year-on-year increase of 40.36% [1] - The company's operating income for the first three quarters was 2.134 billion yuan, up 4.22% year-on-year [1] - In the third quarter, the operating income was 685 million yuan, a decrease of 0.29% year-on-year, with a net loss attributable to shareholders of 8.41 million yuan [1] Group 2: Beijing Lier - Beijing Lier achieved a net profit of 348 million yuan for the first three quarters, a year-on-year increase of 12.2% [2] - The company's operating income for the first three quarters was 5.446 billion yuan, up 9.17% year-on-year [2] - In the third quarter, the operating income was 1.989 billion yuan, with a net profit of 130 million yuan, reflecting a 34.34% increase year-on-year [2] Group 3: Aidi Pharmaceutical - Aidi Pharmaceutical plans to increase capital by 10 million yuan in its subsidiary, Aipu Medical, maintaining a 35% ownership stake [3] - The capital increase aims to facilitate Aipu Medical's acquisition of a 25% stake in Sailian Biology, enhancing its strategic position in HIV testing services [3] Group 4: Neusoft Carrier - Neusoft Carrier's controlling shareholder plans to reduce its stake by up to 1.06%, equating to 4.9126 million shares [5] - The reduction is due to operational needs of the limited partnership involved [5] Group 5: Changrong Co. - Changrong Co. signed a strategic cooperation agreement with Heidelberg, effective from December 1, 2025, for product sales and technical services [6] - The agreement includes exclusive distribution rights for Changrong products in specific regions [6] Group 6: Diao Water Huazhong - Diao Water Huazhong's subsidiary received a quality certification for its ceramic tiles, meeting the highest national standards [7] Group 7: Xinpeng Technology - Xinpeng Technology plans to establish a wholly-owned subsidiary in Singapore with an investment of 1.5 million USD, focusing on the import and export of new energy products [8] Group 8: Shenh Textile A - Shenh Textile A's subsidiary plans to invest 1.334 billion yuan in a new production line for polarizers, with an expected annual output of 18 million square meters [9] - The project will take approximately 23 months to complete [9] Group 9: Shuo Beid - Shuo Beid expects a net profit of 49.53 million to 51.53 million yuan for the first three quarters, a year-on-year increase of 1258.39% to 1313.24% [11] - The anticipated net profit for the third quarter is between 16 million and 18 million yuan, reflecting a growth of 2836.86% to 3203.96% [11] Group 10: Hongdou Co. - Hongdou Co. plans to acquire online business assets for 485 million yuan, including stakes in five subsidiaries and numerous patents [12] - The seller guarantees that the assets will generate a cumulative net profit of no less than 116 million yuan from 2025 to 2027 [12] Group 11: Fuan Energy - Fuan Energy intends to increase capital by 310 million yuan to support the construction of a green methanol project in Foshan, with a total investment of approximately 2.058 billion yuan [14] Group 12: Zhuangzi Island - Zhuangzi Island expects a net loss of 29 million to 35 million yuan for the first three quarters, indicating an increase in losses compared to the previous year [17] Group 13: Sanhao Environmental - Sanhao Environmental announced the termination of its acquisition of 100% of Ruise Environmental due to unmet conditions in the original agreement [18] Group 14: Chip Origin - Chip Origin plans to acquire 97.89% of Zhudian Semiconductor for 930 million yuan, aiming for full control of the company [22]

Core Viewpoint - The company Diou Waterhua (002798.SZ) announced that its subsidiary's ceramic tile products have passed quality testing and certification, meeting the national standard GB/T45817-2025 for ceramic tiles, which is a significant development for the industry [1] Group 1: Company Developments - Diou Waterhua's subsidiary has received inspection reports from the Foshan Quality Measurement Supervision and Testing Center for its ceramic tile products, specifically the ELG00060S and EBN00180S models [1] - The products comply with the highest quality grade of 5A (AAAAA级) as per the new national standard [1] Group 2: Industry Impact - The implementation of the GB/T45817-2025 standard fills a gap in the quality grading standards for ceramic tiles, promoting structural optimization and upgrading within the industry [1] - This new standard is expected to inject new momentum into the sustainable development of China's ceramic tile industry [1]

Core Viewpoint - The company Diou Waterhua (002798.SZ) announced that its subsidiary's ceramic tile products have passed quality testing and certification, meeting the national standard GB/T45817-2025 for ceramic tiles, which is a significant development for the industry [1] Group 1: Company Developments - Diou Waterhua's subsidiary has received inspection reports from the Foshan Quality Measurement Supervision and Inspection Center for its ceramic tile products, specifically the ELG00060S and EBN00180S models [1] - The products achieved the highest quality grade of AAAAA (5A级) under the new national standard [1] Group 2: Industry Impact - The implementation of the GB/T45817-2025 standard fills a gap in the quality grading standards for ceramic tiles, promoting structural optimization and upgrading within the industry [1] - This new standard is expected to inject new momentum into the sustainable development of China's ceramic tile industry [1]

| 证券代码：002798 | 证券简称：帝欧水华 | 公告编号：2025-129 | | --- | --- | --- | | 债券代码：127047 | 债券简称：帝欧转债 | | 帝欧水华集团股份有限公司 关于欧神诺瓷砖产品通过消费品质量分级5A级检测的自愿 性信息披露公告 4、检验结论：经检验，所检项目符合 GB/T 45817-2025 标准中 AAAAA 级 的要求。 本公司及全体董事会成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或者重大遗漏。 5、检验单位：佛山市质量计量监督检测中心 近日，帝欧水华集团股份有限公司（以下简称"公司"）下属公司生产的瓷 砖产品获得由佛山市质量计量监督检测中心检测和签发的检验报告，欧神诺瓷砖 （ELG00060S） 、欧神诺瓷砖（EBN00180S）符合国标 GB/T 45817-2025 标准 中 AAAAA 级的要求。现公司将本次获得检验报告的相关情况公告如下： 二、对公司的影响 国标《消费品质量分级 陶瓷砖》GB/T 45817-2025 标准规定了陶瓷砖质量分 级的分类、分级原则、基本要求、分级指标要求、试验方法、判定规则和分级标 识 ...

| 证券代码：002798 | 证券简称：帝欧水华 | 公告编号：2025-128 | | --- | --- | --- | | 债券代码：127047 | 债券简称：帝欧转债 | | 帝欧水华集团股份有限公司 关于持股5%以上股东股份增持计划时间过半的进展公告 持股 5%以上股东四川发展证券投资基金管理有限公司－四川资本市场纾困 发展证券投资基金合伙企业（有限合伙）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、帝欧水华集团股份有限公司（以下简称"公司"或"帝欧水华"）于 2025 年 7 月 16 日在巨潮资讯网（www.cninfo.com.cn）及指定信息披露媒体披露了《关 于持股 5%以上股东持股变动触及 1%整数倍暨后续增持计划的公告》（公告编 号：2025-075）。四川发展证券投资基金管理有限公司－四川资本市场纾困发展 证券投资基金合伙企业（有限合伙）（以下简称"纾困发展基金"）拟自公告之 日起 6 个月内（除法律、法规及深圳证券交易所业务规则等有关规定不准增持的 期间之外 ...