Core Insights - Shenzhen Meizhi Decoration Design Engineering Co., Ltd. has released its third quarter operational summary for the decoration business in 2025, adhering to the regulations of the Shenzhen Stock Exchange [1][2]. Summary by Category - **Company Overview** - Shenzhen Meizhi Decoration Design Engineering Co., Ltd. is engaged in the decoration and design industry, providing services related to interior and exterior decoration [1]. - **Operational Performance** - The third quarter summary includes key operational data, presented in units of RMB ten thousand, although the specific figures are not disclosed in the provided text [1]. - **Regulatory Compliance** - The announcement complies with the Shenzhen Stock Exchange's listing rules and self-regulatory guidelines regarding industry information disclosure [1].

证券代码：002856 证券简称：美芝股份 公告编号：2025-067 深圳市美芝装饰设计工程股份有限公司 关于累计诉讼、仲裁情况的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 深圳市美芝装饰设计工程股份有限公司（以下简称"公司"）根据《深圳证券交 易所股票上市规则》的有关规定，对公司及控股子公司连续十二个月累计涉及诉讼、 仲裁事项进行了统计，现将有关情况公告如下： 一、累计诉讼、仲裁事项的基本情况 截至本公告披露日，除已披露的诉讼、仲裁事项外，公司及控股子公司连续十二 个月内累计发生的诉讼、仲裁事项共 19 件，涉案金额合计为人民币 2,060.76 万元， 占公司最近一期经审计净资产的比例超过 10%。其中，公司及控股子公司作为原告涉 及的诉讼、仲裁案件金额合计为人民币 1,578.22 万元，公司及控股子公司作为被告涉 及的诉讼、仲裁案件金额合计为人民币 482.54 万元。 二、其他尚未披露的诉讼、仲裁事项 公司及控股子公司不存在其他应披露而未披露的诉讼、仲裁事项。 三、本次公告的诉讼对公司本期利润或期后利润的可能影响 公司及控股子公司作为原告 ...

| 业务类型 | 2025 年第三季度 新签订单金额 | 截至报告期末累计已签 约未完工订单金额 | 2025 年第三季度已中 标尚未签约订单金额 | | --- | --- | --- | --- | | 公共装修 | 2,541.59 | 28,738.05 | - | | 住宅装修 | 0.00 | 250.54 | - | | 幕墙装修 | 0.00 | 2,039.59 | - | | 材料及加工 | 0.00 | 4.69 | - | | 装饰设计 | 0.00 | 5,101.08 | - | | 建筑工程施工 | 0.00 | 28,962.67 | - | | 合计 | 2,541.59 | 65,096.62 | - | 注：以上数据仅为阶段性数据且未经审计，仅供各位投资者参阅，敬请注意投资 风险。 特此公告。 证券代码：002856 证券简称：美芝股份 公告编号：2025-066 深圳市美芝装饰设计工程股份有限公司 2025 年第三季度装修装饰业务主要经营情况简报 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 根据《深圳证券交易所股票上 ...

深圳市美芝装饰设计工程股份有限公司 证券代码：002856 证券简称：美芝股份 公告编号：2025-064 第五届董事会第十八次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 深圳市美芝装饰设计工程股份有限公司（以下简称"公司"）第五届董事会第十八 次会议于 2025 年 10 月 28 日下午在公司会议室以现场结合通讯的方式召开，本次会议 的通知已于 2025 年 10 月 24 日以书面、电话通知及其他形式传达。本次会议由董事长 召集并主持，应出席董事 9 名，实到 9 名，其中 4 名董事以通讯表决方式出席会议，分 别为胡蝶女士、麦志荣先生、徐勇伟先生、江振雄先生，公司高级管理人员列席了会议。 本次会议召开符合《中华人民共和国公司法》和《公司章程》的有关规定。 二、董事会会议审议情况 （一）审议通过《关于<2025 年第三季度报告>的议案》 具体内容详见公司在指定信息披露媒体巨潮资讯网（www.cninfo.com.cn）披露的 《2025 年第三季度报告》（公告编号：2025-065）。 本议案已经公司第五届董事会 ...

Financial Performance - The company's operating revenue for Q3 2025 was ¥118,529,950.92, a decrease of 28.79% compared to the same period last year, and a decline of 54.84% year-to-date[5] - The net profit attributable to shareholders was -¥9,496,622.40, representing a 75.05% increase in loss compared to the previous year, with a year-to-date loss of -¥44,258,303.95, a decrease of 26.79%[5] - The basic and diluted earnings per share were both -¥0.0702, reflecting a 75.04% increase in loss year-over-year[5] - The company reported total operating revenue of ¥241,304,910.11 for the current period, a decrease of 55.1% compared to ¥534,299,922.41 in the previous period[27] - The net loss for the current period was ¥53,135,433.77, an improvement from a net loss of ¥70,727,351.23 in the previous period[28] - The total comprehensive income for the current period is -53,135,433.77 CNY, compared to -70,727,351.23 CNY in the previous period, indicating an improvement[29] - Basic and diluted earnings per share for the current period are both -0.3271 CNY, an improvement from -0.4468 CNY in the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,707,187,606.02, down 11.23% from the end of the previous year[5] - The company's total assets decreased to ¥1,707,187,606.02 from ¥1,923,231,286.79 at the beginning of the period, reflecting a decline of 11.2%[25] - Current liabilities totaled ¥1,614,963,207.18, down 12.2% from ¥1,788,603,808.38 at the beginning of the period[25] - The total equity attributable to shareholders decreased by 21.82% to ¥83,099,322.42 compared to the previous year[5] - The total equity attributable to the parent company decreased to ¥83,099,322.42 from ¥106,294,465.24, a decline of 21.8%[25] Cash Flow - The company's cash flow from operating activities showed a net outflow of -¥42,675,543.82, an improvement of 40.04% compared to the previous year[9] - The net cash flow from operating activities is -42,675,543.82 CNY, a decrease from -71,179,260.22 CNY in the previous period, showing a reduction in cash outflow[32] - Cash inflow from operating activities totaled 422,104,032.14 CNY, down from 631,165,681.88 CNY in the previous period, reflecting a decline of approximately 33.1%[31] - Cash outflow from operating activities was 464,779,575.96 CNY, compared to 702,344,942.10 CNY in the previous period, representing a decrease of about 33.9%[32] - The net cash flow from investing activities is -434,563.24 CNY, an improvement from -1,106,487.32 CNY in the previous period[32] - Cash inflow from financing activities was 44,098,528.33 CNY, down from 301,822,443.09 CNY in the previous period, indicating a significant decline of approximately 85.3%[32] - The net cash flow from financing activities is 12,022,739.89 CNY, compared to 19,063,894.39 CNY in the previous period, showing a decrease of about 37.8%[32] - The ending cash and cash equivalents balance is 12,980,695.36 CNY, down from 20,237,227.08 CNY in the previous period[32] Shareholder Information - Total number of common shareholders at the end of the reporting period is 11,502[11] - The largest shareholder, Shenzhen Shanhuai Investment Management Co., Ltd., holds 29.99% of shares, totaling 40,580,300 shares[11] - Li Suhua, a natural person, holds 11.24% of shares, totaling 15,211,153 shares, with 11,408,365 shares frozen[11] Corporate Changes - The company has undergone changes in its board and supervisory personnel, including resignations and appointments[13][14][15] - The company has relocated its office to a new address in Shenzhen due to operational needs[16] - The company has changed its registered address and revised its articles of association, eliminating the supervisory board[17] Real Estate Transactions - The company plans to publicly transfer 50 real estate properties with a total area of 3,097.90 square meters, with a book value of 46.7025 million RMB[20] - The assessed value for the real estate transfer is set at 39.3106 million RMB, based on a report from Zhonglian Asset Appraisal Group[20] - The company has agreed to publicly transfer 51% equity of Guangdong Yingju Construction Engineering Co., Ltd. with a minimum listing price of ¥1,020,000[21] Financial Expenses and Income - The company experienced a 72.73% reduction in financial expenses, amounting to ¥5,995,306.12, mainly due to decreased interest expenses[9] - The company recorded a 471.49% increase in non-operating income, totaling ¥9,199,912.07, largely due to the write-off of long-term payables[9] - The company's long-term borrowings increased significantly by 3453.02% to ¥9,847,385.27, indicating a shift in financing strategy[8] - The company's long-term investments decreased to ¥48,845,741.40 from ¥49,618,070.03, a decline of 1.5%[24] - Accounts receivable slightly decreased to ¥765,171,305.56 from ¥768,866,342.66, a reduction of 0.4%[23] - The company's cash and cash equivalents decreased to ¥57,680,028.82 from ¥90,051,486.22, a decline of 36.0%[23]

Market Overview - The decoration and renovation sector increased by 0.74% compared to the previous trading day, with *ST Dongyi leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Stock Performance - The top-performing stocks in the decoration and renovation sector included: - *ST Dongyi: Closed at 8.34, up 5.04% with a trading volume of 180,700 shares and a turnover of 151 million yuan [1] - *ST Zhongzhuang: Closed at 3.70, up 4.52% with a trading volume of 231,400 shares and a turnover of 84.8 million yuan [1] - *ST Jianyi: Closed at 10.13, up 4.11% with a trading volume of 55,200 shares and a turnover of 56.1 million yuan [1] Capital Flow - The decoration and renovation sector experienced a net outflow of 76.68 million yuan from institutional investors, while retail investors saw a net inflow of 138 million yuan [2] - The capital flow for specific stocks showed: - *ST Zhongzhuang had a net inflow of 14.56 million yuan from institutional investors [3] - Jin Tanglong saw a net inflow of 10.21 million yuan from institutional investors [3] - Yaxia Co. had a net inflow of 4.51 million yuan from institutional investors [3]

Market Overview - The decoration and renovation sector increased by 1.75% on October 15, with Haoer Sai leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Top Gainers in the Sector - Haoer Sai (002963) closed at 15.81, up 7.55% with a trading volume of 100,100 shares and a turnover of 155 million [1] - Decai Co., Ltd. (605287) closed at 26.10, up 5.67% with a trading volume of 72,800 shares and a turnover of 187 million [1] - ST Chuangxing (600193) closed at 4.32, up 5.11% with a trading volume of 120,000 shares and a turnover of 51.11 million [1] Other Notable Stocks - ST Dongyi (002713) closed at 7.28, up 5.05% with a trading volume of 14,000 shares and a turnover of 10.20 million [1] - ST Ruihe (002620) closed at 6.06, up 5.03% with a trading volume of 46,600 shares and a turnover of 2.78 million [1] - ST Keli Da (603828) closed at 5.31, up 3.71% with a trading volume of 68,500 shares and a turnover of 36.02 million [1] Market Capital Flow - The decoration and renovation sector saw a net inflow of 5.28 million from institutional investors, while retail investors contributed a net inflow of 8.94 million [2] - Speculative funds experienced a net outflow of 14.23 million [2] Individual Stock Capital Flow - Quanzhu Co. (603030) had a net inflow of 30.46 million from institutional investors, but a net outflow of 13.22 million from speculative funds [3] - ST Chuangxing (600193) saw a net inflow of 13.07 million from institutional investors, with a net outflow of 8.12 million from speculative funds [3] - ST Ruihe (002620) had a net inflow of 5.43 million from institutional investors, while speculative funds experienced a net outflow of 3.42 million [3]

Core Viewpoint - Meizhi Co., Ltd. is publicly transferring 51% of its stake in Guangdong Yingju Construction Co., Ltd. for no less than 1.02 million yuan, reflecting a significant strategic shift to divest non-performing assets under the influence of state-owned capital from Foshan Nanhai [2][3][4]. Group 1: Asset Transfer Details - The stake transfer will occur through a public listing at the Guangdong United Property Rights Exchange, with a base price set at 1.02 million yuan, and the final price will depend on the bidding results [3]. - Yingju Construction, established in April 2018 with a registered capital of 100 million yuan, has been operating at a loss, with total assets of 285 million yuan and total liabilities of 329 million yuan, resulting in a negative net asset of 44.44 million yuan [3][4]. - The valuation report indicates that the total equity value of Yingju Construction is assessed at -43.98 million yuan, meaning the company's equity has effectively become "negative assets" [4]. Group 2: Historical Context and Financial Performance - Meizhi Co. previously acquired the 51% stake in Yingju Construction for 28.05 million yuan in January 2022, aiming to enhance its industry chain and competitiveness, but the investment has turned out to be a significant misstep [4][5]. - The company has faced continuous losses since 2021, with total losses exceeding 700 million yuan, and in the first half of 2025, it reported a revenue drop of 66.47% year-on-year, amounting to 123 million yuan, with a net loss of 34.76 million yuan [5][6]. - The asset-liability ratio has surged from 58.45% in 2021 to 95.05% in the first half of 2025, indicating a severe decline in short-term solvency [5][6]. Group 3: Strategic Shift and Governance Issues - Following the transfer of control to Foshan Nanhai state-owned capital in December 2020, the company has been embroiled in governance conflicts, with the former and current controlling parties at odds over performance commitments [6]. - The state-owned entity is now accelerating the strategic restructuring and asset divestiture of Meizhi Co., including the planned transfer of 50 real estate assets expected to recover nearly 40 million yuan [6][7]. - The announcement of the stake transfer signals a clear intent to "unburden" and seek survival for the continuously loss-making company under state guidance [7].

Group 1: Company Announcements - Hezhong Intelligent (合锻智能) reported no revenue from nuclear fusion-related business [1] - Fostar (福斯达) plans to invest approximately 1 billion yuan in the construction of a marine engineering and equipment intelligent manufacturing project [1] - Zhongyan Dadi (中岩大地) won a contract for a 770 million yuan engineering project [1] - Meili Technology (美力科技) intends to acquire 10.1% equity in Beijing Dayuan and Jiangsu Dayuan [1] - Jiuan Medical (九安医疗) plans to repurchase shares worth 300 million to 600 million yuan [1] - Sanmei Co., Ltd. (三美股份) expects a net profit increase of 171.73% to 193.46% year-on-year for the first three quarters [1] - Chen Yategong (陈亚特工) plans to reduce holdings by 2.99% [1] - Asia-Pacific Pharmaceutical (亚太药业) intends to raise no more than 700 million yuan through a private placement to Xinghao Holdings [1] - Feiliwa (非利华) plans to raise no more than 300 million yuan through a private placement [2] Group 2: Investment Projects - New Asia Cable (新亚电缆) plans to invest 298 million yuan in a green and environmentally friendly cable industry project [1] - Fostar (福斯达) is set to invest about 1 billion yuan in a marine engineering and equipment intelligent manufacturing project [1] Group 3: Share Buybacks - China Merchants Industry Holdings (中远海控) plans to repurchase 50 million to 100 million A-shares [2] - Jiuan Medical (九安医疗) intends to repurchase shares worth 300 million to 600 million yuan [2] - China National Machinery Industry Corporation (中工国际) plans to repurchase shares worth 50 million to 100 million yuan [2] - Fujilai (富士莱) plans to repurchase shares worth 20 million to 40 million yuan [2] - Obizhongguang (奥比中光) plans to repurchase shares worth 25 million to 50 million yuan [2] Group 4: Performance Forecasts - Sanmei Co., Ltd. (三美股份) expects a net profit increase of 171.73% to 193.46% year-on-year for the first three quarters [2] - Yuegui Co., Ltd. (粤桂股份) anticipates a net profit increase of 86.87% to 109.11% year-on-year for the first three quarters [2] - Salt Lake Co., Ltd. (盐湖股份) expects a net profit increase of 36.89% to 49.62% year-on-year for the first three quarters [2] - Shengnuo Biotechnology (圣诺生物) anticipates a net profit increase of 100.53% to 145.1% year-on-year for the first three quarters [2] Group 5: Equity Transfers - Yonghe Zhikong (永和智控) plans to transfer 51% equity and debt of Taixing Puluo [1] - Meizhi Co., Ltd. (美芝股份) plans to transfer 51% equity of Yingju Construction [1] - Meili Technology (美力科技) intends to acquire 10.1% equity in Beijing Dayuan and Jiangsu Dayuan [1] - Kangwei Century (康为世纪) plans to acquire 49% equity of its subsidiary Haowei Tai [1]

Mergers and Acquisitions - Meizhi Co., Ltd. plans to publicly transfer 51% equity of Guangdong Yingju Construction Engineering Co., Ltd. at a minimum price of 1.02 million yuan [1] - Yiyi Co., Ltd. is planning to acquire equity in Hangzhou Gaoye Family Pet Food Co., Ltd. through issuing shares and cash payment, with stock suspension starting from October 14 [2] - Meili Technology intends to acquire 10.1% equity stakes in Beijing Dayuan and Jiangsu Dayuan for 15 million yuan, increasing its ownership to 80.1% [3] Shareholding Changes - Tengya Precision plans to reduce its shares by up to 3%, equating to 4.24 million shares, representing 2.99% of total shares [4] - Hainan Huatie's controlling shareholder plans to increase its stake by 100 million to 200 million yuan within six months starting from October 14, 2025 [5] - Beichen Real Estate's controlling shareholder intends to increase its stake by 45 million to 90 million yuan over the next 12 months, not exceeding 2% of total shares [6] Earnings Reports - Yingwei reported a net profit of 183 million yuan for Q3, an increase of 8.35% year-on-year, with revenue of 1.453 billion yuan, up 25.34% [7] - Salt Lake Co. expects a net profit of 4.3 billion to 4.7 billion yuan for the first three quarters, a year-on-year increase of 36.89% to 49.62% [8] - Sanmei Co. anticipates a net profit of 1.524 billion to 1.646 billion yuan for the first three quarters, reflecting a growth of 171.73% to 193.46% year-on-year [9] Risk Matters - Northern Rare Earth received a warning letter from the Inner Mongolia Securities Regulatory Bureau for failing to disclose non-operating fund occupation by related parties, totaling 8.9485 million yuan [10]