| 证券代码：002798 | 证券简称：帝欧家居 | 公告编号：2025-056 | | --- | --- | --- | | 债券代码：127047 | 债券简称：帝欧转债 | | 帝欧家居集团股份有限公司（以下简称"公司"）于2025年6月6日披露了《关 于公司实际控制人签署<战略合作协议><一致行动协议>暨控制权变更的提示性 公告》（公告编号：2025-053）。根据公司实际控制人朱江先生、刘进先生、陈 伟先生、吴志雄先生签署的《战略合作协议》之相关约定，朱江先生承诺自《战 略合作协议》签署之日起10个交易日内，促使其一致行动人成都水华智云科技有 限公司（以下简称"水华智云"）将其持有的全部可转换公司债券（526,163张） 按当前转股价格5.1元/股完成转股。 公司于 2025 年 6 月 17 日通过中国证券登记结算有限责任公司系统查询，获 悉水华智云已将其持有的 526,163 张可转换公司债券完成转股，共计转股 10,316,921 股。 鉴于水华智云及其他债券持有人实施转股，导致公司实际控制人朱江先生及 其一致行动人（水华智云/张芝焕）、刘进先生、陈伟先生、吴志雄先生合计拥 有公司权益比例 ...

Core Viewpoint - The actual controller of Diou Home Group Co., Ltd. and its concerted actors have increased their equity stake in the company from 26.46% to 28.31% due to the conversion of convertible bonds into shares, which has triggered a 1% threshold change in equity ownership [1][2]. Group 1 - The actual controller, Zhu Jiang, and his concerted actors signed a strategic cooperation agreement that led to the conversion of 526,163 convertible bonds held by Chengdu Shuihua Zhiyun Technology Co., Ltd. into shares at a conversion price of 5.1 yuan per share [1][2]. - As of June 17, 2025, the conversion resulted in a total of 10,316,921 shares being issued, increasing the combined equity ownership of Zhu Jiang and his concerted actors [2][3]. - The total equity ownership of Zhu Jiang and his concerted actors now stands at 28.31%, which is a significant increase that meets the regulatory requirement for disclosure [2][3]. Group 2 - The conversion of the bonds was executed through the China Securities Depository and Clearing Corporation Limited system, confirming the completion of the transaction [2]. - The announcement includes detailed information about the addresses of the actual controllers and their concerted actors, ensuring transparency in the ownership structure [2][3]. - The increase in equity ownership is in compliance with the relevant securities laws and regulations, and there are no indications of violations in the process [3][6].

| 证券代码：002798 | 证券简称：帝欧家居 | 公告编号：2025-055 | | --- | --- | --- | | 债券代码：127047 | 债券简称：帝欧转债 | | 债券代码：127047 债券简称：帝欧转债 二、担保进展情况 公司子公司欧神诺与藤县农村信用合作联社（以下简称"藤县农信社"）签 订了《保证担保合同》（编号：414504250132412），为孙公司广西欧神诺与藤 县农信社发生的债权提供连带责任保证；广西欧神诺与藤县农信社签署《抵押担 保合同》（编号：414504250132409）以自有设备提供抵押担保。 帝欧家居集团股份有限公司 关于担保事项的进展公告 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。 特别风险提示： 截至本公告披露之日，公司及子公司对外担保总额超过最近一期经审计净资 产 100%，为子公司提供担保含对资产负债率超过 70%的被担保对象担保，敬请 投资者注意相关风险。 一、担保情况概述 帝欧家居集团股份有限公司（以下简称"公司"、"帝欧家居"）于 2024 年 12 月 30 日召开第五届董事会第二十九次 ...

曾因"蛇吞象"式并购欧神诺而声名大噪的帝欧家居集团股份有限公司（以下简称"帝欧家居"），而今面 临着连续3年亏损、负债率高企、控制权变更等问题。 帝欧家居旗下主要产品为瓷砖、陶瓷卫浴等，其前身为帝王洁具，1994年由刘进、陈伟、吴志雄共同创 立。2016年6月，帝王洁具在深交所挂牌上市。2017年，帝王洁具收购欧神诺。目前，公司旗下拥有帝 王洁具、欧神诺陶瓷两大品牌。 6月9日，帝欧家居发布《帝欧家居集团股份有限公司详式权益变动报告书》，正式宣告公司控制权变 更，实际控制人由刘进、陈伟、吴志雄变更为朱江、刘进、陈伟、吴志雄。朱江系成都水华互联科技有 限公司（以下简称"水华互联"）的实际控制人，水华互联系帝欧家居持股5%以上股东、成都水华智云 科技有限公司（以下简称"水华智云"）的控股股东。值得注意的是，权益变动报告书提到，当上述4位 实际控制人意见不一致时，以朱江意见为准。 从2022年开始，帝欧家居的业绩连续3年亏损。年报数据显示，2022年-2024年，公司净利润分别亏损 15.08亿元、6.58亿元、5.69亿元，营收增幅也连续3年下滑。截至2024年末，帝欧家居负债合计42.62亿 元，资产负债率高达 ...

Core Viewpoint - The article highlights the rampant insider trading in the A-share market, indicating that the frequency and audacity of such activities have reached unprecedented levels, overshadowing previous regulatory efforts [3][22]. Group 1: Instances of Pre-announcement Price Surge - Guokewi announced on June 6 its intention to acquire 94.366% of Zhongxin Ningbo's equity, leading to a 20% price surge on May 20, just before the announcement [5]. - Shangluo Electronics saw a 22.82% increase over four trading days prior to its announcement on June 4 regarding the acquisition of Guangzhou Ligong Technology [6]. - Bangji Technology's stock price surged on June 4 before announcing its acquisition plans [7]. - ST Jinbi experienced a 7.13% increase in the two trading days leading up to its announcement on June 4 regarding a share transfer [8]. - Huamao Technology's stock rose by 11.16% in the three trading days before its June 4 announcement of acquiring Shenzhen Fuchuang Youyue Technology [9]. Group 2: Long-term Price Increases Before Major Announcements - Honghui Fruits and Vegetables saw a 38.14% increase from April 1 to June 6, despite only a 2.97% rise on the announcement day [23]. - Maipu Medical's stock surged over 69.61% from April 7 to May 21, with significant increases noted before its announcement [23]. - Haitai Development's stock rose by 73.84% from April 7 to June 5, despite only a 1.73% increase on the announcement day [23]. - Feiyada's stock increased by 50.76% in May, with multiple days of over 9% gains leading up to its announcement on June 4 [23]. Group 3: Techniques of Insider Trading - The article discusses the strategy of creating false market signals to mislead investors, as seen in the case of Qunxing Toys, which experienced a sudden surge in trading volume before announcing a major asset restructuring [29]. - The practice of buying shares before creating favorable news is highlighted, with examples such as Diou Home, where the actual controller's shareholding was transferred to a related party [31]. - The article notes that insider trading is often concealed effectively, making it difficult for regulatory bodies to detect [34]. Group 4: Regulatory Challenges - The article emphasizes that even significant price increases do not necessarily trigger regulatory scrutiny, as companies can claim no insider information was leaked [36][38]. - Instances of companies reporting substantial price increases before announcements without facing consequences illustrate the challenges in enforcing regulations [40][41].

Core Viewpoint - The control of Diou Home (帝欧家居) is changing hands as the actual controllers Liu Jin, Chen Wei, and Wu Zhixiong have signed an agreement with Zhu Jiang, the actual controller of Chengdu Shuihua Huilian Technology Co., Ltd. (水华互联), making them concerted actors, which leads to a shift in the company's control [1][2]. Group 1: Control Change - The actual controllers of Diou Home have formed a concerted action with Zhu Jiang, resulting in a combined shareholding of 26.46% [1][2]. - Zhu Jiang's involvement includes four cooperation conditions, such as converting the current convertible bonds at a price of 5.1 yuan per share and providing liquidity support when necessary [1][2]. Group 2: Historical Context - Diou Home was originally established as Diwang Sanitary Ware in 1994 and went public in 2016, later acquiring Foshan's leading ceramic company, Oushennuo, for nearly 2 billion yuan [3][4]. - The merger was seen as a "snake swallowing an elephant" scenario, as Oushennuo had significantly higher revenue and market presence compared to Diwang Sanitary Ware [3][4]. Group 3: Financial Performance - Diou Home has faced declining performance, with consecutive net losses over three years, totaling over 2.736 billion yuan [6][7]. - The company's revenue dropped from 41.12 billion yuan in 2022 to 27.4 billion yuan in 2024, with net losses of 15.09 billion yuan, 6.58 billion yuan, and 5.69 billion yuan respectively [6][7]. - The asset-liability ratio increased to 72.33% in 2024, indicating heightened short-term debt pressure and weakened repayment capacity [7]. Group 4: Market Position and Future Outlook - The stock price of Diou Home has plummeted from a high of 43.7 yuan per share in 2020 to 5.79 yuan per share, resulting in a market capitalization of only 2.282 billion yuan [7]. - The entry of Zhu Jiang, perceived as a "capital player," raises questions about whether Diou Home can reverse its current operational challenges [7][8].

今年以来，家居行业上市公司控制权变更动作频频。亚振家居股份有限公司(以下简称"亚振家居")，菲 林格尔（603226）家居科技股份有限公司(以下简称"菲林格尔")，帝欧家居（002798）集团股份有限公 司(以下简称"帝欧家居")等多家家居上市企业先后发布控制权变更相关公告，引发市场关注。 具体来看，作为卫浴行业头部家居企业，帝欧家居近期迎来新的控股股东。6月5日，帝欧家居发布公告 称，朱江、刘进、陈伟、吴志雄拟在上市公司重大事项决策上形成一致行动，签署了《一致行动协 议》。《一致行动协议》签署后，四人成为一致行动人，公司实际控制人由刘进、陈伟、吴志雄变更为 朱江、刘进、陈伟、吴志雄。 5月30日晚间，主营业务为从事木地板、全屋定制家居的研发、设计、生产及销售的上市公司菲林格尔 公告称，公司于5月30日收到公司实际控制人丁福如通知，实际控制人丁福如正在筹划公司股份协议转 让事宜，该事项可能导致公司控制权发生变更。 4月17日，亚振家居发布公告称，其控股股东上海亚振投资有限公司(以下简称"亚振投资")正在筹划股 份协议转让事项，可能导致公司控制权发生变更。4月底，通过"股份协议转让+表决权放弃"的形式，上 市公 ...

帝欧家居集团股份有限公司 详式权益变动报告书 住所/通讯地址：中国（四川）自由贸易试验区成都高新区吉瑞二路 188 号 2 栋 1 单元 8 楼 802 号 信息披露义务人二：朱江 帝欧家居集团股份有限公司 详式权益变动报告书 上市公司名称：帝欧家居集团股份有限公司 股票上市地点：深圳证券交易所 股票简称：帝欧家居 股票代码：002798 信息披露义务人一：成都水华智云科技有限公司 住所：成都市青羊区******** 通讯地址：成都市青羊区******** 信息披露义务人三：刘进 住所：成都市锦江区******** 通讯地址：成都市锦江区******** 信息披露义务人四：陈伟 住所：成都市锦江区******** 通讯地址：成都市锦江区******** 信息披露义务人五：吴志雄 住所：成都市锦江区******** 通讯地址：成都市锦江区******** 1 帝欧家居集团股份有限公司 详式权益变动报告书 信息披露义务人六：张芝焕 住所：天津市河东区******** 通讯地址：上海市普陀区******** 权益变动性质：信息披露义务人朱江、刘进、陈伟、吴志雄签署一致行动协议， 权益增加 签署日期：二〇二五年六月 ...

详式权益变动报告书 之 申港证券股份有限公司 关于 帝欧家居集团股份有限公司 财务顾问核查意见 二零二五年六月 1 声明 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司收购 管理办法》《公开发行证券的公司信息披露内容与格式准则第 15 号—权益变动 报告书》及《公开发行证券的公司信息披露内容与格式准则第 16 号—上市公司 收购报告书》等法律、法规和规范性文件的规定，申港证券股份有限公司（以下 简称"申港证券"或"本财务顾问"）按照行业公认的业务标准、道德规范，本 着诚实信用、勤勉尽责的精神，对本次权益变动的相关情况和资料进行了核查， 对《帝欧家居集团股份有限公司详式权益变动报告书》所披露的内容出具核查意 见，以供投资者和有关各方参考。 为此，本财务顾问特作出以下声明： 1、本财务顾问已按照规定履行了尽职调查义务，对信息披露义务人披露的 《帝欧家居集团股份有限公司详式权益变动报告书》进行了核查，确信内容与格 式符合规定，并保证所发表的专业意见与信息披露义务人披露内容不存在实质性 差异； 2、本财务顾问有充分理由确信本次权益变动符合相关法律、行政法规的规 定，有充分理由确信信息披露义务人披露的信 ...

Group 1 - Baiyunshan received drug registration certificate for Tadalafil tablets (2.5mg, 5mg) from the National Medical Products Administration, indicating its entry into the erectile dysfunction treatment market [1] - Huayin Power plans to invest approximately 1.398 billion yuan in three renewable energy projects with a total installed capacity of 230 MW [2] - GAC Group reported a 24.8% year-on-year decline in May automobile sales, with total sales of 117,700 units [3] Group 2 - Honghui Fruits and Vegetables announced a potential change in control due to share transfer negotiations, leading to a temporary suspension of its stock and convertible bonds [4] - Fuyuan Pharmaceutical's subsidiary received a drug registration certificate for Bromhexine Hydrochloride oral solution, aimed at treating respiratory diseases [5][6] - Jianghan New Materials plans to repurchase shares worth 200 million to 400 million yuan, with a maximum price of 30 yuan per share [7][8] Group 3 - Sinan Navigation received an administrative regulatory decision from the Shanghai Securities Regulatory Bureau due to multiple issues in its 2024 annual report [9][10] - Hesheng Co. received approval from the China Securities Regulatory Commission for a stock issuance to specific investors [11] - Daqin Railway reported a 1.85% year-on-year decrease in cargo transportation volume in May, totaling 32.96 million tons [13] Group 4 - Ningbo Construction's subsidiary won a design and construction project with a bid of 787 million yuan [14] - Yuehongyuan A announced the termination of a major asset restructuring plan due to failure to reach an agreement on key terms [15][16] - Mingyang Smart Energy reached a 190 million yuan repurchase agreement with Haiji New Energy [18] Group 5 - CNE Group's subsidiary plans to reduce registered capital from 430 million yuan to 330 million yuan [19] - ST Baili received an administrative penalty for failing to disclose non-operating fund occupation matters, resulting in a fine of 4 million yuan [21] - Baichuan Co. completed the repurchase of a 7.14% stake in its subsidiary for 50 million yuan [22] Group 6 - Dongrui Co. reported May sales of 155,400 pigs, generating revenue of 203 million yuan, a decrease of 8.77% month-on-month [25][26] - Pengding Holdings reported a 22.43% year-on-year increase in May consolidated revenue, totaling 2.598 billion yuan [27] - Dabeinong reported May sales of 727,600 pigs, with total revenue of 1.248 billion yuan [28] Group 7 - Lihua Co. reported a 4.77% year-on-year decrease in May chicken sales revenue, totaling 1.118 billion yuan [29][30] - Jindan Technology plans to use up to 300 million yuan of idle funds for entrusted wealth management [31] - Youxunda won a project from the State Grid worth approximately 176 million yuan [33][34] Group 8 - Shenglan Co. received approval for its convertible bond issuance from the Shenzhen Stock Exchange [35][36] - Jingfang Technology's shareholder plans to reduce holdings by up to 2% of the company's shares [37] - Shiji Information's subsidiary signed a significant contract with Marriott for cloud services [39] Group 9 - Northeast Securities' subsidiary plans to terminate its listing on the New Third Board [40] - Yaji International's supervisor is under investigation for insider trading [42][43] - Yian Technology signed a strategic cooperation framework agreement with Shenzhen Hive Interconnect Technology [44] Group 10 - Jinyu Group's subsidiary acquired a real estate project for 3.364 billion yuan [46][47] - Kaiweite's major shareholder plans to reduce holdings by up to 3% of the company's shares [48] - Ningbo Energy's subsidiary plans to publicly transfer fixed assets valued at approximately 17.4372 million yuan [49]