关于实际控制人的一致行动人可转换公司债券解除质押的公告 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"）于近日接到公司实际 控制人的一致行动人嵊州市亿顺投资管理合伙企业（有限合伙）（以下简称"亿 顺投资"）及嵊州市亿旺投资管理合伙企业（有限合伙）（以下简称"亿旺投资"） 的通知，获悉亿顺投资及亿旺投资就其持有的公司可转换公司债券（以下简称"可 转债"）办理了解除质押业务，相关解除质押手续已办理完毕。具体事项如下： 一、股东可转债解除质押基本情况 | | | 浙江亿田智能厨电股份有限公司 | 股东名称 | 持有数量（张） | 持有可转债占 | 本次解除质 押前质押可 | 本次解除质押 | 剩余质押可转 | 剩余质押可 转债占公司 | | --- | --- | --- | --- | --- | --- | --- | | | | 公司可转债余 | | 后质押可转债 | 债占其所持可 | | | | | 额比例 | 转债数量 | 数量（张） | 转债比例 | 可转债余额 | | | | | （张） | | | 比例 ...

| 证券代码：300911 | 证券简称：亿田智能 | 公告编号：2024-067 | | --- | --- | --- | | 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 关于公司实际控制人的一致行动人股份减持计划的预披露 公告 公司实际控制人的一致行动人嵊州市亿顺投资管理合伙企业（有限合 伙）、嵊州市亿旺投资管理合伙企业（有限合伙）保证向本公司提供的信息内 容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一 致。 特别提示： 浙江亿田智能厨电股份有限公司（以下简称"公司"或"本公司"）实际控 制人的一致行动人嵊州市亿顺投资管理合伙企业（有限合伙）（以下简称"亿顺 投资"）、嵊州市亿旺投资管理合伙企业（有限合伙）（以下简称"亿旺投资"） 计划在本公告披露之日起 15 个交易日后的 3 个月内（即 2024 年 11 月 21 日至 2025 年 2 月 20 日期间）以集中竞价和大宗交易方式减持公司股份，具体情况如 下： 1、持有公司股份 5,200,000 股（总股本为截至 2024 年 10 ...

Investment Rating - The investment rating for the company is "Accumulate" with a downward adjustment [3][6]. Core Views - The company has faced operational pressure due to the ongoing downturn in the real estate sector, impacting the kitchen appliance market. However, there is potential for improvement in Q4 driven by policy support and market recovery [2][3]. - The company's revenue for Q3 2024 was 110 million yuan, a year-on-year decrease of 67.57%, with a net loss attributable to shareholders of 28.65 million yuan, a year-on-year decline of 159.52% [1][3]. - The company is expected to see a gradual recovery in sales, particularly in the integrated stove category, as new policies encouraging trade-ins have been implemented since August [2][3]. Financial Summary - For the first three quarters of 2024, the company reported total revenue of 450 million yuan, down 52.45% year-on-year, and a net loss of 11.04 million yuan, a decline of 106.30% year-on-year [1][3]. - The gross margin for Q3 2024 decreased by 22.2 percentage points to 23.9%. The expense ratios for sales, management, R&D, and financial costs increased significantly due to the sharp decline in revenue [3]. - The projected net profit for 2024-2026 is expected to be -10.46 million yuan, 31.79 million yuan, and 74.17 million yuan respectively, reflecting a downward adjustment in revenue and profit expectations due to continued demand pressure [3][5]. Market Position - The company holds a market share of approximately 14% in online sales and 11% in offline sales for the integrated stove category, with sales figures of 0.7 million yuan online and 0.1 million yuan offline in Q3 2024 [2][3]. - The company has launched new products on major e-commerce platforms to participate in the trade-in program, offering discounts and subsidies to stimulate sales during the upcoming shopping events [2][3].

Investment Rating - The report maintains an "Accumulate" investment rating for the company [4]. Core Views - The integrated stove industry is facing significant demand shortages, leading to operational pressures for the company [1]. - The company's total revenue for the first three quarters of 2024 was 449 million yuan, a year-on-year decrease of 52.45%, with a net profit attributable to shareholders of -11 million yuan, down 106.30% year-on-year [1]. - The third quarter of 2024 saw a single-quarter revenue of 106 million yuan, a decline of 67.57% year-on-year, and a net profit of -29 million yuan, a drop of 159.52% year-on-year [1]. - The overall retail sales of the integrated stove industry have contracted, with online and offline retail sales down 41.8% and 4% respectively in the first three quarters of 2024 [1]. - The company is actively pursuing product iteration and enhancing channel efficiency to combat market risks and pressures [1]. Financial Performance Summary - The company's gross margin in Q3 2024 decreased by 22.2 percentage points to 23.86% [1]. - The expense ratios for sales, management, R&D, and financial costs in Q3 2024 were 30.83%, 11.12%, 10.02%, and 2.37%, reflecting year-on-year changes of 7.31 percentage points, 5.1 percentage points, 5.44 percentage points, and 4.04 percentage points respectively [1]. - The net profit margin in Q3 2024 changed by -41.66 percentage points to -26.94% [1]. - The operating cash flow for Q3 2024 was 25 million yuan, a decline of 76.32% year-on-year, with cash received from sales of goods down 59.36% to 137 million yuan [1]. Earnings Forecast and Investment Suggestions - The company is expected to achieve net profits attributable to shareholders of 0 million yuan, 6 million yuan, and 6.6 million yuan for 2024, 2025, and 2026 respectively, with year-on-year growth rates of -99.8%, 13522.9%, and 9.7% [1]. - The report suggests maintaining the "Accumulate" investment rating based on the company's performance in the first three quarters of 2024 and the overall environment of the integrated stove industry [1].

Financial Performance - The company's revenue for Q3 2024 was ¥106,057,704.91, a decrease of 67.57% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥28,648,652.30, representing a decline of 159.52% year-over-year[2]. - The total revenue for the first nine months of 2024 was ¥448,797,063.74, down 52.45% year-over-year[5]. - Total revenue for Q3 2024 was CNY 448,797,063.74, a decrease of 52.5% compared to CNY 943,774,052.90 in the same period last year[15]. - In Q3 2024, the company reported a net profit of -10,960,566.40 CNY, a significant decrease compared to a net profit of 175,053,535.54 CNY in the same period last year, representing a decline of approximately 106.25%[16]. - The operating profit for Q3 2024 was -12,315,717.48 CNY, compared to an operating profit of 200,989,600.75 CNY in Q3 2023, indicating a substantial drop[16]. - The company reported a total profit of -12,262,945.16 CNY for Q3 2024, compared to a total profit of 200,008,644.56 CNY in Q3 2023, indicating a significant decline in overall profitability[16]. Cash Flow and Assets - The net cash flow from operating activities was -¥6,104,467.08, down 103.37% from the previous year[6]. - Cash and cash equivalents decreased to CNY 1,006,482,034.01 from CNY 1,455,311,205.81, representing a decline of 30.8%[12]. - The company's cash flow from operating activities showed a net outflow of -6,104,467.08 CNY, down from a net inflow of 180,970,712.95 CNY in the previous year[19]. - The net cash flow from investing activities was -282,322,558.47 CNY, compared to -76,492,098.50 CNY in Q3 2023, indicating a worsening investment cash flow situation[19]. - The cash and cash equivalents net increase was -¥445,768,700.43, a significant decline of 1391.99% compared to the previous year[6]. - Total assets at the end of Q3 2024 were ¥2,085,456,049.11, a decrease of 12.21% from the end of the previous year[2]. - Total assets decreased to CNY 2,085,456,049.11 from CNY 2,375,458,814.91, a reduction of 12.2%[14]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 8,317[7]. - Zhejiang Yitian Investment Management Co., Ltd. holds 44.32% of shares, totaling 61,360,000 shares[7]. - The top ten shareholders collectively hold significant stakes, with the largest shareholder holding over 44%[7]. - Chen Yuehua and Sun Ji, both individual shareholders, hold 3.07% and 3.00% respectively, with significant portions of their shares under lock-up[7]. - The total number of restricted shares at the beginning of the period was 7,100,040, with 2,130,012 shares added during the period[10]. Expenses and Costs - The company's financial expenses increased by 110.97% to ¥1,439,769.99 due to rising convertible bond interest expenses[5]. - The company reported a significant drop in sales expenses by 44.61% to ¥113,669,548.33, attributed to reduced marketing costs[5]. - Total operating costs for Q3 2024 were CNY 472,905,932.80, down 38.4% from CNY 769,051,509.17 year-over-year[15]. - Research and development expenses were CNY 33,741,515.45, a decrease of 26.0% compared to CNY 45,536,355.76 in the previous year[15]. Market Outlook and Strategy - The company maintains confidence in its long-term development and intrinsic value despite market fluctuations[11]. - The report highlights the importance of shareholder structure and management's strategic decisions regarding capital management[11]. - The company is focused on maintaining investor interests while navigating market conditions[11]. - The company plans to focus on market expansion and new product development in the upcoming quarters[13]. Stock and Bonds - The company decided not to adjust the conversion price of "Yitian Convertible Bonds" despite triggering conditions for a downward adjustment[11]. - The stock price has been below the conversion price for at least 15 trading days out of 30, indicating market pressure[11].

| 证券代码：300911 | 证券简称：亿田智能 | 公告编号：2024-065 | | --- | --- | --- | | 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 2024 年第三季度可转换公司债券转股情况公告 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、"亿田转债"（债券代码：123235）转股期为 2024 年 6 月 27 日至 2029 年 12 月 20 日；最新的转股价格为 28.61 元/股。 2、2024 年第三季度，共有 18,970 张"亿田转债"完成转股（票面金额共计 1,897,000 元人民币），合计转成 66,304 股"亿田智能"股票（股票代码：300911）。 3、截至 2024 年第三季度末，公司剩余可转换公司债券为 5,183,130 张，剩 余票面总金额为人民币 51,831.30 万元。 根据《深圳证券交易所创业板股票上市规则》《深圳证券交易所上市公司自 律监管指引第 15 号——可转换公司债券》的有关规定，浙江亿田智能厨电股份 有限公司（以 ...

| 证券代码：300911 | 证券简称：亿田智能 | 公告编号：2024-064 | | --- | --- | --- | | 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 关于控股股东拟协议转让公司部分股份进展暨 签订补充协议的公告 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。 特别提示： 1、本次协议转让所涉股份均为无限售条件流通股，本次协议转让不触及要 约收购，不会导致公司控股股东及实际控制人及其一致行动人相应控制权发生变 化，不存在损害公司或其他股东利益的情形。 2、本次协议转让股份事项尚需深圳证券交易所合规性审核确认、中国证券 登记结算有限责任公司深圳分公司办理股份转让过户相关手续。本次协议转让事 项是否能够最终完成尚存在不确定性，敬请广大投资者注意投资风险。 一、本次协议转让概述 浙江亿田智能厨电股份有限公司（以下简称"公司")的控股股东浙江亿田 投资管理有限公司（以下简称"亿田投资"）与传定恒远中性 1 号私募证券投资 基金（以下简称"传定恒远"）签署了《浙江亿田投资管理有限公司与传定恒远 中性 1 ...

证券代码：300911 证券简称：亿田智能 公告编号：2024-063 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 2024 年第三次临时股东大会决议公告 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、 本次股东大会不存在否决议案的情形。 2、 本次股东大会不涉及变更以往股东大会已通过的决议。 一、 会议召开和出席情况 1、 召开时间： 二、 会议出席情况 （一）股东出席的总体情况 （1）现场会议：2024 年 9 月 18 日（星期三）14:00 （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：2024 年 9 月 18 日上午 9:15-9:25，9:30-11:30 和 13:00-15:00；通过深圳证券 交易所互联网系统投票的具体时间为：2024 年 9 月 18 日上午 9:15 至下午 15:00 的任意时间。 2、 召开地点：浙江省绍兴市嵊州市浦口街道浙锻路 68 号公司会议室 3、 召开方式：现场表决结合网络投票 4、 召集人：公司董事会 5、 主持人：公司董事长孙伟勇先 ...

北京金杜（杭州）律师事务所 关于浙江亿田智能厨电股份有限公司 2024 年第三次临时股东大会 北京金杜（杭州）律师事务所（以下简称本所）接受浙江亿田智能厨电股份 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《上市公司股东大会规则（2022 年修订）》（以下简称《股东大会规则》）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地区）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《浙江亿田智能厨电股份有限公司章程》 （以下简称《公司章程》）有关规定，指派律师出席了公司于 2024 年 9 月 18 日 召开的 2024 年第三次临时股东大会（以下简称本次股东大会），并就本次股东大 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，包括但不限于： 1.经公司 2024 年第一次临时股东大会审议通过的《公司章程》； 2.公司 2024 年 8 月 30 日刊登于巨潮资讯网及深圳证券交易所网站的 ...

%% %% 丨证券研究报告丨 公司研究丨点评报告丨亿田智能（300911.SZ） [Table_Title] 需求不振致营收回落，Q2 经营利润环比扭亏 | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------| | 报告要点 | | | [Table_Summary] 2024H1 公司实现营业收入 3.43 亿元，同比下滑 44.42% ，实现归母净利润 1761 万元，同比 | | | 下滑 86.12% ，实现扣非归母净利润 990 万元，同比下滑 91.52% ，其中 2024Q2 实现营业收 入 2.16 亿元，同比下滑 44.39% ，实现归母净利润 1309 万元，同比下滑 84.82% ，实现扣非归 | | | 母净 ...