Group 1 - The home goods sector increased by 1.17% on January 12, with QuSleep Technology leading the gains [1] - The Shanghai Composite Index closed at 4165.29, up 1.09%, while the Shenzhen Component Index closed at 14366.91, up 1.75% [1] - QuSleep Technology's stock price rose by 9.56% to 62.60, with a trading volume of 62,100 shares and a transaction value of 383 million yuan [1] Group 2 - The home goods sector experienced a net outflow of 355 million yuan from institutional investors, while retail investors saw a net inflow of 288 million yuan [2] - Among the top gainers, Dinggu Jichuang and Zhang Xiaoqin also saw significant increases of 9.39% and 7.45%, respectively [1] - The trading data indicates that the sector's performance was mixed, with some stocks like Senying Windows and Meike Home experiencing declines of 9.33% and 2.60% [2] Group 3 - The net inflow of funds for major stocks included 27.43 million yuan for Oppein Home and 24.87 million yuan for QuSleep Technology, indicating strong interest from institutional investors [3] - Conversely, QuSleep Technology faced a net outflow of 7.61 million yuan from speculative funds, suggesting some volatility in investor sentiment [3] - The overall trading activity reflects a diverse range of investor behaviors, with retail investors showing a preference for certain stocks despite the overall net outflow from institutional investors [2][3]

招商证券股份有限公司 关于广州尚品宅配家居股份有限公司持续督导 2025 年现场检查报告 | 保荐机构名称：招商证券股份有限公司 被保荐公司简称：尚品宅配 | | | --- | --- | | 保荐代表人姓名：林联儡 联系电话：0755-82943666 | | | 保荐代表人姓名：段念 联系电话：0755-82943666 | | | 现场检查人员姓名：林联儡、王小玲 | | | 现场检查对应期间：2025年1月至2025年12月 | | | 现场检查时间：2025年12月28日-2025年12月29日 | | | 一、现场检查事项 现场检查意见 | | | （一）公司治理 是 否 | 不适用 | | 现场检查手段：（1）查阅公司章程、股东会、董事会规则以及各项内控制度；（2）查阅公司 | | | 股东会、董事会会议资料；（3）查阅公司在深圳证券交易所指定信息披露网站相关公告内容； | | | （4）访谈公司高管人员。 | | | 1.公司章程和公司治理制度是否完备、合规 √ | | | 2. 公司章程和股东会、董事会规则是否得到有效执行 √ | | | 3.股东会、董事会会议记录是否完整，时间、地点、出 ...

| 保荐机构 | 招商证券股份有限公司 | | --- | --- | | 培训时间 | 2025 年 12 月 29 日 | | 培训方式 | 现场授课与线上会议结合 | | 培训地点 | 尚品宅配会议室、腾讯会议 | | 保荐机构参加人员 | 林联儡（保荐代表人） | | 培训对象 | 尚品宅配控股股东代表及实际控制人、董事、高级管理人员 | | | 等相关人员 | | 培训内容 | 股份交易专题 | 本次持续督导培训的基本情况如下表： 二、上市公司的配合情况 招商证券股份有限公司 关于广州尚品宅配家居股份有限公司 2025 年度持续督导培训情况说明 深圳证券交易所： 招商证券股份有限公司（以下简称"招商证券"、"保荐机构"）作为广州尚 品宅配家居股份有限公司（以下简称"尚品宅配"、"公司"）向特定对象发行股 票的保荐机构，根据《深圳证券交易所上市公司自律监管指引第 13 号——保荐 业务》、《深圳证券交易所创业板股票上市规则》等法规和规则的相关规定，结合 尚品宅配的实际情况，认真履行保荐机构应尽的职责，对尚品宅配控股股东及实 际控制人、董事、高级管理人员等相关人员进行了 2025 年度持续督导培训，所 ...

Group 1 - The core viewpoint of the news is that 尚品宅配 (Shangpin Home) has shown mixed stock performance and financial results, with a slight increase in stock price recently but a decline in revenue year-over-year [1][2]. Group 2 - As of January 8, 尚品宅配's stock price increased by 2.04% to 13.98 CNY per share, with a total market capitalization of 3.139 billion CNY [1]. - The company experienced a net outflow of main funds amounting to 1.0838 million CNY, with significant selling pressure observed [1]. - Year-to-date, 尚品宅配's stock has risen by 0.36%, with a 15.06% increase over the past 60 days [1]. Group 3 - For the period from January to September 2025, 尚品宅配 reported a revenue of 2.550 billion CNY, reflecting a year-over-year decrease of 6.66% [2]. - The company recorded a net loss attributable to shareholders of 79.4814 million CNY, which is a 30.38% increase in loss compared to the previous year [2]. Group 4 - Since its A-share listing, 尚品宅配 has distributed a total of 0.823 billion CNY in dividends, with 0.415 billion CNY distributed over the last three years [3].

Core Viewpoint - The custom home furnishing industry is showing a clear tiered differentiation, with leading companies like Oppein Home and Sophia dominating the market, indicating a strong competitive landscape [1][3]. Group 1: Company Market Capitalization - Oppein Home (603833) leads the industry with a market capitalization of 32.25 billion, covering a wide range of products including overall cabinets and whole-home customization [2][6]. - Sophia (002572) follows with a market capitalization of 13.3 billion, focusing on cabinet customization and implementing a multi-brand, all-channel strategy [8]. - Haolaike (603898) has a market capitalization of 4.172 billion, emphasizing eco-friendly materials and health-oriented home concepts [8]. - PIANO (002853) is positioned in the mid-to-high-end market with a capitalization of 4.116 billion, particularly strong in engineering channels and cabinets [6][11]. - Zhibang Home (603801) has a market capitalization of 4.026 billion, successfully expanding from cabinets to whole-home customization [6][11]. - Shangpin Home (300616) is valued at 3.249 billion, known for its internet+C2B model and digital service platform [9]. - Jinpai Home (603180) focuses on high-end cabinets with a market cap of 3.246 billion, recognized for its clear brand positioning and design capabilities [11]. - Wo Le Home (603326) has a market capitalization of 2.901 billion, emphasizing original design and modern style products [11]. - Dinggu Jichuang (300749) is valued at 2.316 billion, with active stock performance and a focus on customized wardrobes and smart locks [9]. Group 2: Industry Trends and Insights - The custom home furnishing industry has formed a competitive landscape characterized by "one strong and many strong," with Oppein Home's market cap significantly higher than its competitors [3][9]. - The second tier, represented by Sophia, has a market cap exceeding 10 billion, creating a gap with subsequent companies [3][9]. - Most other companies have market caps in the range of 3-4 billion, indicating intense competition with unique characteristics [3][9]. - The industry is expected to grow as the real estate market enters a stock era, with increasing consumer demand for personalization and space utilization [3][9]. - Future competition will focus on comprehensive service capabilities, supply chain efficiency, digitalization, and the implementation of whole-home solutions [3][9]. - Leading companies are likely to consolidate the market through scale, brand, and channel advantages, while smaller firms must pursue differentiation and niche markets for sustainable growth [3][9].

Group 1 - The company announced the approval of several key resolutions during its third extraordinary general meeting of shareholders for 2025, including the reappointment of the accounting firm [2] - The company also approved a proposal to provide a guarantee limit for its wholly-owned subsidiary [2] - Additionally, a resolution regarding the formulation of certain unspecified proposals was passed [2]

Market Overview - The Shanghai Composite Index closed at 3876.74 points, above the six-month moving average, with a change of 0.17% [1] - The total trading volume of A-shares reached 1,352.099 billion yuan [1] Stocks Breaking the Six-Month Moving Average - A total of 151 A-shares have surpassed the six-month moving average today [1] - Notable stocks with significant deviation rates include: - Xingchen Technology (21.97%) - Lude Medical (14.72%) - Suli Co., Ltd. (7.17%) [1] Stocks with Smaller Deviation Rates - Stocks with smaller deviation rates that have just crossed the six-month moving average include: - Huailong Co., Ltd. - Shihong Zhaoye - China Construction Bank [1] Detailed Stock Performance - The following stocks showed notable performance: - Xingchen Technology: +30.00% with a turnover rate of 37.59% and a latest price of 26.48 yuan [1] - Lude Medical: +18.92% with a turnover rate of 37.56% and a latest price of 12.07 yuan [1] - Suli Co., Ltd.: +9.99% with a turnover rate of 7.67% and a latest price of 20.36 yuan [1]

证券代码：300616 证券简称：尚品宅配 公告编号：2025-057号 广州尚品宅配家居股份有限公司 2025 年第三次临时股东会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 1. 本次股东会未出现否决议案的情形； 2. 本次股东会未涉及变更以往股东会已通过的决议。 一、会议召开情况 1. 现场会议召开的时间：2025 年 12 月 17 日下午 15:00。 2. 网络投票时间： 通过深圳证券交易所交易系统进行网络投票的具体时间为：2025 年 12 月 17 日 9:15—9:25，9:30—11:30，下午 13:00—15:00； 通过深圳证券交易所互联网投票系统进行网络投票的时间为：2025 年 12 月 17 日 9:15—15:00 期间的任意时间。 通过现场和网络投票的股东 75 人，代表股份 91,628,044 股，占上市公司总 股份 40.8114％，占公司有表决权股份总数（已剔除截至股权登记日公司回购专用 证券账户中已回购的股份数量，下同）的 43.9995％。 2. 现场会议出席情况 1 / 3 通过现场投票 ...

北京市金杜（广州）律师事务所 关于广州尚品宅配家居股份有限公司 2025 年第三次临时股东会的法律意见书 致：广州尚品宅配家居股份有限公司 北京市金杜（广州）律师事务所（以下简称本所）接受广州尚品宅配家居股份 有限公司（以下简称公司）委托，根据《中华人民共和国证券法》（以下简称《证券 法》）、《中华人民共和国公司法》（以下简称《公司法》）、中国证券监督管理委员会 《上市公司股东会规则》（以下简称《股东会规则》）等中华人民共和国境内（以下 简称中国境内，为本法律意见书之目的，不包括中国香港特别行政区、中国澳门特 别行政区和中国台湾省）现行有效的法律、行政法规、规章和规范性文件和现行有 效的《广州尚品宅配家居股份有限公司章程》的规定，指派律师出席了公司于 2025 年 12 月 17 日召开的 2025 年第三次临时股东会（以下简称本次股东会），并就本次 股东会相关事项出具本法律意见书。 为出具本法律意见书，本所律师审查了公司提供的以下文件，包括： 1．经公司 2025 年 11 月 13 日召开的 2025 年第二次临时股东大会审议通过的 《广州尚品宅配家居股份有限公司章程》（以下简称《公司章程》）； 2．公司 ...

Market Overview - The Shanghai Composite Index closed at 3884.93 points, with a slight decline of -0.11% [1] - The total trading volume of A-shares reached 1,198.5 billion yuan [1] Stocks with Death Cross - A total of 88 A-shares experienced a death cross, where the 5-day moving average fell below the 10-day moving average [1] - Notable stocks with significant distance between the 5-day and 10-day moving averages include: - Chuling Information (300250) with a distance of -1.55% [1] - Rongji Software (002474) with a distance of -1.40% [1] - Changyuan Donggu (603950) with a distance of -1.25% [1] Individual Stock Performance - Chuling Information (300250) saw a decline of -6.37% with a trading turnover rate of 11.94% [1] - Rongji Software (002474) decreased by -1.83% with a turnover rate of 10.53% [1] - Changyuan Donggu (603950) fell by -1.09% with a turnover rate of 0.41% [1] - Other notable declines include: - Shenhua A (000020) down -2.80% [1] - Sunshine Power (300274) down -3.41% [1] - Aide Biological (300685) down -3.43% [1] Additional Stock Data - Stocks with minor declines include: - Yitian Intelligent (300911) down -0.86% [2] - Hanrui (300618) down -1.70% [2] - Yinghe Technology (300457) down -3.03% [2] - Stocks with slight increases include: - Jinfatech (600143) up 0.67% [2] - Degoo (300950) up 0.13% [2]