为真实、准确、公允地反映公司的财务状况、资产价值及经营成果，根据 《企业会计准则》《深圳证券交易所创业板股票上市规则》及公司会计政策的相 关规定，本着谨慎性原则，公司对合并报表范围内截至2025年3月31日的各类资 产进行了全面清查，对各项资产减值的可能性进行了充分评估和分析，对存在减 值迹象的相关资产计提相应减值准备。 2、本次计提信用减值及资产减值准备的资产范围和总金额 公司2025年第一季度各类资产计提的减值准备合计-5,495,089.42元，相应计 提信用减值准备1,524,384.22元，资产减值准备-7,019,473.64元。具体计提减值的 情况如下： | 证券代码：300911 | 证券简称：亿田智能 公告编号：2025-034 | | --- | --- | | 债券代码：123235 | 债券简称：亿田转债 | 浙江亿田智能厨电股份有限公司 关于2025年第一季度计提资产减值准备的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 浙江亿田智能厨电股份有限公司（以下简称"公司"）根据《深圳证券交 易所创业板股票上市规则》等法律法规、规范 ...

| 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.3070 | 0.0326 | -1041.72 | 0.3773 | | 每股净资产（元） | 9.45 | 13.41 | -29.53 | 12.89 | | 每股公积金(元) | 4.72 | 6.28 | -24.84 | 6.31 | | 每股未分配利润(元) | 3.57 | 5.84 | -38.87 | 5.08 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 0.58 | 1.27 | -54.33 | 2.28 | | 净利润(亿元) | -0.43 | 0.05 | -960 | 0.41 | | 净资产收益率(%) | -3.06 | 0.30 | -1120 | 2.98 | | 名称 持有数量(万股) | | 占总股本比例 | 增减情况(万 | | --- | --- | --- | --- | | | | (%) | 股) | ...

浙江亿田智能厨电股份有限公司 2025 年第一季度报告 浙江亿田智能厨电股份有限公司 2025 年第一季度报告 证券代码：300911 证券简称：亿田智能 公告编号：2025-033 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。 重要内容提示： 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 3.第一季度报告是否经过审计 □是 ☑否 1 浙江亿田智能厨电股份有限公司 2025 年第一季度报告 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □是 ☑否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | | | | （%） | | 营业收入（元） | 57,581,826.32 | 126,798,495.76 | -54.59% | | ...

Investment Rating - The investment rating for the company is "Accumulate" [7] Core Views - The company has faced significant revenue pressure due to the ongoing downturn in the real estate sector, with a reported revenue of 703 million yuan in 2024, a decrease of 42.73% year-on-year [1] - The company is actively optimizing costs and has shown signs of improvement in profitability, particularly in Q4 2024, where net profit increased by 847.70% year-on-year [1][3] - The company is expanding into the digital economy and computing power sectors, establishing subsidiaries and aiming to provide integrated intelligent computing services [4] Financial Performance Summary - In 2024, the company reported a total revenue of 703 million yuan, down 42.73% from the previous year, with a net profit of 26.54 million yuan, a decline of 85.17% [5] - The gross margin for 2024 decreased by 9.0 percentage points to 39.7%, while the net profit margin fell by 10.8 percentage points to 3.8% [3] - The company plans to distribute a cash dividend of 10 yuan per 10 shares, totaling 137 million yuan, which represents approximately 703% of the annual net profit [1] Market and Industry Context - The integrated stove market in China has been impacted by a 30.6% decline in retail sales, totaling 17.3 billion yuan in 2024, largely due to the weak real estate market [2] - The company's e-commerce revenue fell by 52.5% to 330 million yuan in 2024, while offline revenue is estimated to have decreased by about 30% [2] - The company is leveraging its strengths in the integrated stove category and is focusing on enhancing operational efficiency during the downturn [2]

Investment Rating - The investment rating for the company is maintained as "Buy" with a target price of 45.00 RMB [7][8]. Core Views - The company reported a significant decline in revenue for 2024, with total revenue of 703 million RMB, down 42.7% year-on-year, and a net profit attributable to shareholders of 26.54 million RMB, down 85.2% year-on-year. The decline is attributed to a decrease in overall demand in the integrated stove industry [1][2]. - The company is accelerating its transition to computing power leasing, with revenue from this segment expected to grow as it partners with Suiyuan Technology, a domestic chip unicorn [1][2]. - The company anticipates a stabilization in the integrated stove market as the real estate market recovers, which may lead to a narrowing of revenue declines [1][4]. Summary by Sections Financial Performance - In 2024, the integrated stove business generated 590 million RMB in revenue, a decrease of 46.3% year-on-year, primarily due to a slowdown in new home sales [2]. - The overall gross margin for 2024 was 39.7%, down 9.0 percentage points year-on-year, mainly due to a shift in product structure [3]. - The net profit margin for 2024 was 3.8%, down 10.8 percentage points year-on-year [3]. Profit Forecast and Valuation - The forecasted net profit for 2025-2027 is 104 million RMB, 117 million RMB, and 148 million RMB, respectively, with corresponding EPS of 0.75 RMB, 0.84 RMB, and 1.07 RMB [4][6]. - The company is expected to benefit from a significant reduction in expense ratios in 2025, which may help to release profits [4]. - The target price of 45.00 RMB corresponds to a 60x PE ratio for 2025, reflecting the anticipated growth in the computing power leasing business [4][8].

Core Viewpoint - Yitian Intelligent (300911.SZ) reported a significant decline in the kitchen appliance market due to the downturn in the real estate sector, which is closely linked to the demand for kitchen products [1] Industry Summary - The kitchen appliance industry is primarily driven by demand from new residential renovations and second-hand home refurbishments, with a high correlation to the real estate market [1] - In 2024, the total sales area of new commercial housing in China was 97,385 million square meters, a decrease of 12.9% year-on-year, with residential sales area dropping by 14.1% [1] - The sales revenue from new commercial housing reached 96,750 billion yuan, down 17.1%, with residential sales revenue declining by 17.6% [1] - The real estate industry's downturn is suppressing new market demand, impacting the kitchen appliance market [1] Market Dynamics - The integrated stove market has transitioned from a growth phase to a stock phase, with the old-for-new policy providing some stimulus, but the impact remains limited due to the late emergence of the product category [1] - According to Aowei Cloud Network, in 2024, there were 1,222 new projects in the refined decoration market, a year-on-year decline of 21.9%, with a market scale of 664,100 units, down 28.9% [1] - The refined decoration market's scale in the fourth quarter was 217,600 units, an increase of 46% compared to the third quarter [1] - The six-piece kitchen appliance market saw 1,181 new projects, a year-on-year decline of 22.5%, with a market scale of 1,844,800 units, down 27.1% [1] Sales Performance - The cumulative retail sales of the integrated stove market in China for 2024 reached 17.3 billion yuan, a year-on-year decline of 30.6% [1] - The market is currently in a challenging adjustment period, with the main theme being to survive this phase before entering a replacement cycle [1] - The announcement highlighted that the integrated stove industry faces significant challenges due to the real estate downturn, consumer downgrade, insufficient penetration, and severe product homogeneity [1] - However, urbanization and the release of replacement demand indicate potential growth in market capacity in the future [1] - From a long-term sales rhythm perspective, the period from 2024 to 2026 is expected to see concentrated demand for gas stove replacements, with 2025 anticipated to be a highly competitive year within the replacement cycle [1]

Group 1 - The company Yitian Intelligent announced a 2024 distribution plan, proposing a 10-for-3 stock split and a cash dividend of 10 yuan (including tax) [2] - For the fiscal year 2024, the company reported a revenue of 703 million yuan, a year-on-year decrease of 42.73%, and a net profit of 26.54 million yuan, down 85.17% year-on-year [2] - The basic earnings per share were 0.1917 yuan, with a weighted average return on equity of 1.83% [2] Group 2 - The stock experienced a net outflow of 2.94 million yuan in principal funds today, with a total net outflow of 9.56 million yuan over the past five days [3] - The latest margin financing balance for the stock is 298 million yuan, with a decrease of 2.09 million yuan over the past five days, representing a decline of 0.70% [4] - Among 2137 companies that announced 2024 distribution plans, 201 included stock splits, with 111 seeing their stock prices rise on the announcement day [4]

证券代码：300911 证券简称：亿田智能 公告编号：2025-027 债券代码：123235 债券简称：亿田转债 浙江亿田智能厨电股份有限公司 （1）公司非独立董事薪酬方案 一、适用对象 公司董事、监事及高级管理人员。 二、适用期限 2025 年 1 月 1 日—2025 年 12 月 31 日 三、薪酬标准 1、公司董事薪酬方案 关于公司 2025 年度董事、监事和高级管理人员薪酬方案的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 浙江亿田智能厨电股份有限公司（以下简称"公司"）于 2025 年 4 月 22 日召开第三届董事会第十五次会议及第三届监事会第十次会议，分别审议了 《关于公司 2025 年度董事薪酬方案的议案》《关于公司 2025 年度监事薪酬方 案的议案》，上述董事、监事薪酬方案尚需提交公司 2024 年年度股东大会审议 通过后方可生效；第三届董事会第十五次会议审议通过了《关于公司 2025 年度 高级管理人员薪酬方案的议案》，高级管理人员薪酬方案自公司第三届董事会 第十五次会议审议通过之日起生效。现将具体情况公告如下： 根据《公司章 ...

亿田梦·品牌路 浙江亿田智能厨电股份有限公司 2024 年度内部控制评价报告 浙江亿田智能厨电股份有限公司全体股东： 浙江亿田智能厨电股份有限公司（以下简称"公司"或"本公司"）根据《企业内 部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以下简称"企业内部 控制规范体系"），结合公司内部控制制度和评价办法，在内部控制日常监督和专项监 督的基础上，对公司截止 2024 年 12 月 31 日（内部控制评价报告基准日）的内部控制 有效性进行了评价，现将公司内部控制情况报告如下： 一、重要声明 按照企业内部控制规范体系的规定，建立健全并有效实施内部控制，评价其有效性， 并如实披露内部控制评价报告是公司董事会的责任。监事会对董事会建立与实施内部控 制进行监督。经理层负责组织领导公司内部控制的日常运行。公司董事会、监事会及董 事、监事、高级管理人员保证本报告内容不存在任何虚假记载、误导性陈述或重大遗漏， 并对报告内容的真实性、准确性和完整性承担个别及连带法律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信 息真实完整，提高经营效率和效果，促进实现发展战略。由于内部控制存在固有 ...

浙江亿田智能厨电股份有限公司 2024 年度监事会工作报告 2024 年度，浙江亿田智能厨电股份有限公司（以下简称"公司"）监事会 严格按照《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人民 共和国证券法》（以下简称"《证券法》"）等法律法规和《公司章程》《监事 会议事规则》等相关规定，本着对公司和全体股东负责的原则，恪尽职守，切实 履行股东大会赋予的各项职责，贯彻落实股东大会作出的各项决议，充分行使监 事职权，对公司生产经营活动、重大事项、财务状况以及董事、高级管理人员履 行职责情况进行了监督，促进公司规范运作，积极维护公司和全体股东的合法权 益。现就 2024 年度工作情况报告如下： 一、2024 年度监事会会议召开情况 2024 年公司监事会共召开了 5 次会议，共审议通过了 18 项议案，历次会议 的召集、召开、表决、决议等均符合《公司法》和《公司章程》以及其他法律法 规的相关规定。具体情况如下： | 序号 | 会议名称 | | 会议日期 | 审议结 审议议案 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- ...