证券代码：002853 证券简称：皮阿诺 公告编号：2025-071 广东皮阿诺科学艺术家居股份有限公司 股票交易异常波动公告 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。 一、股票交易异常波动的情况 广东皮阿诺科学艺术家居股份有限公司（以下简称"公司""本公司"）股 票（证券简称：皮阿诺，证券代码：002853）于 2025 年 12 月 16 日、2025 年 12 月 17日连续两个交易日收盘价格涨幅偏离值累计超过 20％，根据深圳证券 交易所的有关规定，属于股票交易异常波动的情况。 二、公司关注并核实情况说明 针对公司股票异常波动，公司对有关事项进行了核查，并向公司控股股东、 实际控制人进行核实，现就有关情况说明如下： 1、公司前期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、近期公司经营情况及内外部经营环境未发生重大变化。 4、2025年12月15日，公司控股股东、实际控制人马礼斌先生与杭州初芯微 科技合伙企业（有限合伙）（以下简称"初芯微"）签署《股份转让协 ...

Market Overview and Sector Characteristics - The Shanghai Composite Index closed up by 1.19%, while the Shenzhen Component Index fell by 2.40%, with the median change in A-shares being an increase of 0.61% [1] - A total of 49 stocks hit the daily limit up, an increase of 7 from the previous day, while 19 stocks hit the limit down, an increase of 4 [2] Industry Characteristics - The sectors with the most limit-up stocks today were communication equipment, specialized equipment, and general equipment [3] - In the communication equipment sector, 5 stocks reached the limit up, driven by accelerated 5G construction and AI computing demand [4] - The specialized equipment sector saw 4 stocks limit up, supported by policy backing and recovering orders [4] - The general equipment sector had 3 stocks limit up, boosted by policy support for equipment upgrades and enhanced manufacturing recovery expectations [4] Concept Characteristics - The most represented concepts among limit-up stocks were optical communication, liquid cooling servers, and consumer sectors [5] - In the optical communication concept, 7 stocks hit the limit up, benefiting from the explosive demand for AI computing and the acceleration of 800G optical module shipments [5] - The liquid cooling server concept also had 7 stocks limit up, as liquid cooling technology becomes the mainstream solution for heat dissipation due to AI computing demand [5] - The consumer sector had 6 stocks limit up, supported by policy stimulus and the year-end consumption peak, with strong expectations for consumer potential [5] Limit-Up Stock List - Among the limit-up stocks, 3 reached historical highs, including Yingweike, Ping An Electric, and Huanxu Electronics [6] - 10 stocks reached near one-year highs, including Shengtong Energy, Jiamei Packaging, and others [7][8] Main Capital Flow - The top 5 stocks with the highest net inflow of main capital among limit-up stocks were Yingweike, Guojiji Heavy Industry, Guangxun Technology, ShenNan Circuit, and Meinian Health [9][10] - The stocks with the highest net inflow as a percentage of market value included Wangzi New Materials, Nanjing Business Travel, and others [10] Continuous Limit-Up Situation - There were 41 first-limit stocks today, with 5 stocks achieving a second limit up and 3 stocks achieving three or more consecutive limit ups [11] - The top 5 stocks with the most consecutive limit ups included Baida Group, Shengtong Energy, and others [11]

证券之星消息，12月17日家居用品板块较上一交易日上涨0.41%，皮阿诺领涨。当日上证指数报收于 3870.28，上涨1.19%。深证成指报收于13224.51，上涨2.4%。家居用品板块个股涨跌见下表： | 代码 | 名称 | 主力净流入(元) | 主力净占比 游资净流入(元) | | 游资净占比 散户净流入(元) | | 散户净占比 | | --- | --- | --- | --- | --- | --- | --- | --- | | 603008 | 喜临门 | -2256.40万 | 7.54% | -2680.52万 | -8.96% | 424.11万 | 1.42% | | 002162 悦心健康 | | 2192.88万 | 9.10% | -625.47万 | -2.60% | -1567.41万 | -6.50% | | 603610 麒盛科技 | | 1560.89万 | 8.52% | -223.93万 | -1.22% | -1336.95万 | -7.30% | | 000910 大亚圣象 | | 1135.70万 | 16.51% | -400.60万 | -5.83% | ...

【12月17日涨停分析】智通财经12月17日电，今日全市场共49股涨停，连板股总数8只，20股封板未 遂，封板率为71%（不含ST股、退市股）。焦点股方面，零售股百大集团晋级5连板，实控人变更的胜 通能源4连板、皮阿诺3连板，智能驾驶概念股三羊马3连板。 转自：智通财经 ...

上述股份转让及表决权放弃完成后，初芯微的持股比例由0%增加至16.78%。初芯微经股权穿透后的最 终实际控制人及最终受益人为尹佳音，因此上述股份转让及表决权放弃完成后，皮阿诺的实际控制人将 变更为尹佳音。 12月15日，皮阿诺与青岛初芯共创科技有限公司(简称"青岛初芯")签署《附条件生效的股份认购协 议》，青岛初芯拟以现金方式认购公司向特定对象发行的全部34514970股股票。本次发行完成后，在不 考虑其他因素可能导致股本数量变动的情况下，按照拟发行股数计算，初芯微及青岛初芯合计持股比例 为29.99%，初芯微及青岛初芯均受尹佳音控制。 目前，上述筹划控制权变更事项仍在进行中，尚需履行相关审批程序。本次交易能否最终实施及实施结 果尚存在不确定性。 新京报贝壳财经讯(记者阎侠)12月16日，皮阿诺（002853）的股票复牌，当日报收17.86元/股，单日涨 幅为9.98%，公司总市值约32.67亿元。 消息面上，皮阿诺控股股东、实际控制人马礼斌正在筹划有关公司控制权变更事宜，该事项可能导致公 司实际控制人发生变更。 相关公告显示，12月15日，初芯微与马礼斌签署《股份转让协议》，约定马礼斌将其持有的178884 ...

Core Viewpoint - The traditional home furnishing company, PIANO, is undergoing a significant ownership change as it transitions to a new major shareholder with a semiconductor background, which raises market interest in potential revitalization of the company's performance [1][4]. Group 1: Ownership Change - Initial Micro Technology plans to acquire a 16.78% stake in PIANO for 444 million yuan, making it the controlling shareholder, with the actual controller changing from Ma Libin to Yin Jiayin [1][2]. - The transaction involves Ma Libin transferring 17.88 million shares at 15.31 yuan per share and Zhuhai Honglu transferring 12.80 million shares at 13.284 yuan per share, totaling 444 million yuan [2]. - Following the share transfer, Initial Micro will hold 30.69 million shares, increasing its ownership from 0% to 16.78% [3]. Group 2: Financial Performance - PIANO has faced declining performance, with revenues dropping from 18.24 billion yuan in 2021 to an estimated 8.86 billion yuan in 2024, and a cumulative net loss of approximately 3.83 billion yuan over the past two years [5]. - In the first three quarters of 2025, PIANO reported revenues of 420 million yuan, a year-on-year decrease of 37.27%, and a net loss of 7.52 million yuan, reflecting a 191.47% decline [5]. Group 3: Future Prospects - The new ownership aims to enhance PIANO's operational management and competitiveness, providing support for business structure optimization and long-term healthy development [6]. - The market reacted positively to the news of the ownership change, with PIANO's stock price hitting the daily limit up, closing at 17.86 yuan per share, a 9.98% increase [4].

Core Viewpoint - The control of Pianao (002853) is set to change hands to Yinjia Yin, the chairman of Chuxin Group, with a total investment of 444 million yuan, marking the first A-share listed platform for Chuxin Group [1][3][4]. Group 1: Share Transfer and Control Change - The announcement on December 15 revealed that the controlling shareholder of Pianao will change to Hangzhou Chuxin Micro Technology Partnership, with Yinjia Yin as the actual controller [3][4]. - The share transfer involves Ma Libin and Zhuhai Honglu transferring 17.88 million shares and 12.80 million shares, respectively, at prices of 15.31 yuan/share and 13.284 yuan/share, totaling 274 million yuan and 170 million yuan [3][4]. - After the transfer, Chuxin Micro's shareholding will increase to 16.78%, and Ma Libin will relinquish voting rights for 35.37 million shares, representing 19.34% of the total shares [4][5]. Group 2: Financial Implications and Performance Pressure - Pianao is facing significant financial pressure, with projected revenues of approximately 886 million yuan in 2024, a year-on-year decline of 32.68%, and a net loss of 375 million yuan [8]. - In the first three quarters of this year, Pianao reported revenues of about 420 million yuan, down 37.27% year-on-year, with a net loss of 752,520 yuan [8]. - The new management will need to evaluate the business comprehensively to decide whether to divest underperforming segments or to upgrade operations [8]. Group 3: Background of New Management - Yinjia Yin, the founder of Chuxin Group, has over 15 years of experience in industrial investment and mergers, focusing on the semiconductor and display industries [5][6]. - Chuxin Micro was established on December 5, 2023, and is composed of shareholders including Qingdao Chuxin, Beijing Weixin, and Lü Pengzhao, with connections to listed companies such as Saiwei Electronics [7][8].

Core Viewpoint - The control change of Pianao (002853) involves a share transfer and voting rights waiver, with Yinjia Yin, chairman of Chuxin Group, acquiring control for 444 million yuan, marking the first A-share listed platform for him [1][4][6]. Group 1: Control Change Details - The controlling shareholder will change to Hangzhou Chuxin Micro Technology Partnership, with Yinjia Yin as the actual controller [4][6]. - The share transfer includes 17.88 million shares from the current controller Ma Libin and 12.80 million shares from the second-largest shareholder Zhuhai Honglu, representing 9.78% and 7% of the total shares, respectively [4][5]. - The transfer prices were 15.31 yuan/share for Ma Libin and 13.284 yuan/share for Zhuhai Honglu, totaling 274 million yuan and 170 million yuan, respectively [5]. Group 2: Financial Implications - Pianao is planning to raise up to 395 million yuan through a private placement to supplement working capital and repay bank loans [6]. - The company is facing significant financial pressure, with projected revenues of approximately 886 million yuan in 2024, a 32.68% decrease year-on-year, and a net loss of 375 million yuan [10]. - For the first three quarters of this year, Pianao reported revenues of about 420 million yuan, down 37.27% year-on-year, with a net loss of 7.52 million yuan [10]. Group 3: Background of New Controller - Yinjia Yin has over 15 years of experience in industrial investment and mergers, focusing on the semiconductor display industry [6][8]. - Chuxin Group, under Yinjia Yin, is one of the early investment institutions in China's semiconductor display sector [6].

Core Viewpoint - The home decoration and building materials sector experienced a decline, closing at 15,868.43 points with a drop of 1.53% [1] Group 1: Sector Performance - The decline in the sector led to varying degrees of stock price drops among individual companies [1] - Jingxue Energy closed at 24.79 CNY per share, down 11.87%, leading the decline in the sector [1] - Zhongyuan Home closed at 19.86 CNY per share, down 10.01%, ranking second in the decline [1] - Filinger closed at 30.15 CNY per share, down 7.77%, ranking third in the decline [1] - PIANO closed at 17.86 CNY per share, up 9.98%, leading the gains in the sector [1] - Ruitai Technology closed at 20.95 CNY per share, up 7.16%, ranking second in the gains [1] - Weixing New Materials closed at 10.69 CNY per share, up 4.09%, ranking third in the gains [1] Group 2: Economic Policy Insights - Huafu Securities' report indicates that the Central Economic Work Conference emphasized stabilizing the real estate market, implementing city-specific policies to control increments, reduce inventory, and optimize supply [1] - The report also highlights the encouragement of acquiring existing residential properties for the purpose of affordable housing [1] - There is an expectation for a turning point in the building materials capacity cycle due to accelerated supply-side reforms and a reduction in competition [1]

来源：环球网 【环球网综合报道】12月15日，皮阿诺发布公告，收购方杭州初芯微科技合伙企业（简称"初芯微"）分 别与皮阿诺实控人马礼斌以及公司第二大股东珠海鸿禄签署《股份转让协议》，交易完成后，初芯微将 持有16.78%的公司股份，成为公司控股股东，尹佳音成为实际控制人。 具体交易方案为，初芯微将以协议转让方式，分别受让原实控人马礼斌持有的公司9.78%股份以及股东 珠海鸿禄企业管理合伙企业（有限合伙）持有的7.00%股份。在上述来自马礼斌的股份完成过户且其收 到全部转让价款后，马礼斌将无条件放弃其剩余持有的公司19.34%股份的表决权。 上述交易完成后，初芯微的持股比例将增至16.78%，成为公司控股股东。 图源：皮 阿诺公告 其次，作为整体安排的一部分，皮阿诺拟筹划向特定对象发行A股股票。初芯微的一致行动人——青岛 初芯共创科技有限公司（简称"青岛初芯"）拟以现金方式全额认购本次发行的股份。发行完成后，初芯 微及青岛初芯合计持股比例预计将提升至29.99%。公告指出，本次拟定增募资不超3.95亿元，将用于补 充营运资金，保障业务长期可持续发展；优化融资结构，提升直接融资比重；巩固控制权，提振市场信 心。 ...