北京市中伦律师事务所 关于致欧家居科技股份有限公司 2024 年限制性股票 激励计划首次授予部分第一个归属期归属条件成就、 授予价格调整及部分已授予尚未归属的限制性股票 作废事项的 法律意见书 二〇二五年四月 北京市中伦律师事务所 关于致欧家居科技股份有限公司 2024 年限制性股票激励计划首 次授予部分第一个归属期归属条件成就、授予价格调整及部分已 授予尚未归属的限制性股票作废事项的 法律意见书 致：致欧家居科技股份有限公司 根据《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》"）、《中华人民共和国律师法》、中国证券监督管 理委员会发布的《上市公司股权激励管理办法》（以下简称"《股权激励管理办 法》"）、《深圳证券交易所创业板股票上市规则》（以下简称"《上市规则》"）、《深 圳证券交易所创业板上市公司自律监管指南第 1 号—业务办理》（以下简称"《自 律监管指南第 1 号》"）等相关法律、法规、规章、规范性文件及《致欧家居科技 股份有限公司章程》（以下简称"《公司章程》"）、《致欧家居科技股份有限公司 2024 年限制性股票激励计划（草案）》（以下简称"《 ...

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2024, representing a year-over-year increase of 15% compared to 2023[16]. - The company's operating revenue for 2024 reached ¥8,123,835,098.24, representing a 33.74% increase compared to ¥6,074,187,229.49 in 2023[21]. - In 2024, the company achieved total revenue of 8.124 billion yuan, a year-on-year increase of 33.74%, while net profit was 334 million yuan, a decrease of 19.21%[52]. - The net profit attributable to shareholders decreased by 19.21% to ¥333,573,745.07 in 2024 from ¥412,883,749.90 in 2023[21]. - The basic earnings per share for 2024 was ¥0.83, down 23.15% from ¥1.08 in 2023[21]. - Revenue from other B2C third-party platforms reached 903 million yuan, a year-on-year growth of 99.7%, with significant contributions from the TEMU platform[54]. - The company reported a significant increase in sales from other regions, with a growth rate of 68.77% to ¥57,101,250.42[90]. - The company achieved a gross margin of 34.74% in the cross-border e-commerce retail sector, a decrease of 1.75% compared to the previous year[92]. User Growth and Market Expansion - User data indicates a growth in active users to 5 million, up from 4 million in the previous year, marking a 25% increase[16]. - The company has entered over 70 countries and regions, serving more than 20 million global households[47]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2025[16]. - The company plans to expand its presence in the European market, focusing on new product development and channel expansion to drive growth[136]. - The company is focusing on expanding its market presence in emerging markets such as Australia, Canada, and Mexico, while also exploring opportunities in Korea, Latin America, and the Middle East[138]. Product Development and Innovation - New product launches contributed to 30% of total sales, with the introduction of three innovative furniture lines[16]. - The company plans to expand its product offerings into larger furniture categories, responding to increasing online search volumes for items like beds and sofas[33]. - The company is focusing on enhancing product competitiveness through the development of new furniture designs and expanding its product matrix[104]. - The company is actively pursuing innovation in the TV cabinet category to improve market share and operational efficiency[104]. - The company launched a new product series featuring tool-less installation technology, significantly enhancing user experience and reducing packaging waste[61]. Research and Development - Research and development expenses increased by 12% to 150 million RMB, focusing on sustainable materials and smart home technology[16]. - R&D investment increased by 28.65% to 77.29 million yuan, resulting in 424 new global patent authorizations, including 383 design patents[61]. - The number of R&D personnel increased by 16.03% to 304, with a notable rise in the number of master's degree holders by 25.00%[105]. - The company is enhancing its R&D and product design capabilities to maintain its competitive edge in the furniture and home goods market[145]. Supply Chain and Logistics - The company is adapting to a "China + N" supply chain model to mitigate risks associated with global trade uncertainties[37]. - The company optimized logistics by establishing five new front warehouses in France, Spain, and Italy, reducing average shipping costs by 0.7 to 2.4 USD per package and improving delivery times by 1-2 days[52]. - The company has established a global mixed warehousing network, with self-operated warehouse area reaching 334,900 square meters by the end of 2024, covering key markets in Europe and North America[66]. - The logistics costs for foreign trade enterprises have surged due to global supply chain disruptions, impacting operational stability[39]. Financial Management and Investments - Cash dividends of 2 RMB per 10 shares will be distributed to shareholders, based on a total of 399,953,500 shares[7]. - The company raised a total of RMB 990,099,000 through the issuance of 40,150,000 shares at a price of RMB 24.66 per share[124]. - The net amount raised after deducting issuance costs was RMB 892,080,354.46, which was verified by PwC[124]. - The company has committed to several investment projects, including a research and design center with a total investment of RMB 31,802.26 million, of which RMB 2,916.76 million has been utilized, representing 17.14% of the total[128]. Risk Management - The company faces potential risks related to supply chain disruptions and inflationary pressures, with strategies in place to mitigate these risks[7]. - The company is actively monitoring foreign exchange risks and engaging in hedging activities to mitigate potential losses from currency fluctuations[142]. - The company is addressing geopolitical and trade friction risks by diversifying its supply chain and focusing on emerging markets[143]. Corporate Governance - The company emphasizes transparent information disclosure, adhering to legal requirements and ensuring fair access to information for all shareholders[158][159]. - The company maintains independence from its controlling shareholders, ensuring no interference in operational decisions and no provision of guarantees to them[153][160]. - The board of directors consists of 9 members, including 3 independent directors, and held 9 meetings to discuss various topics including financial reports and fund usage[154][155]. Employee Management - The total number of employees at the end of the reporting period is 1,662, with 1,350 in the parent company and 312 in major subsidiaries[193]. - The company has established a comprehensive employee training system to support business innovation and strategic goals, focusing on management and professional skills development[196]. - The company has a competitive salary system based on a three-dimensional evaluation system, aiming to drive rapid business growth and strategic implementation[195].

Financial Performance - The company's revenue for Q1 2025 reached ¥2,091,255,102.87, representing a 13.56% increase compared to ¥1,841,609,961.04 in the same period last year[5] - Net profit attributable to shareholders was ¥110,895,216.95, up 10.30% from ¥100,538,681.31 year-on-year[5] - The basic earnings per share rose to ¥0.28, reflecting a 12.00% increase from ¥0.25 in the same quarter last year[5] - Total operating revenue for the current period reached ¥2,091,255,102.87, an increase of 13.6% compared to ¥1,841,609,961.04 in the previous period[20] - Net profit for the current period was ¥110,895,216.95, reflecting a growth of 10.3% from ¥100,538,681.31 in the previous period[20] Cash Flow - The net cash flow from operating activities increased by 56.56% to ¥686,274,537.80, compared to ¥438,359,012.44 in the previous year[12] - Total cash inflow from operating activities reached ¥1.99 billion, compared to ¥1.80 billion in the previous period, marking an increase of 10.5%[23] - Cash inflow from operating activities included ¥1.83 billion from sales, an increase from ¥1.67 billion, representing a growth of 9.7%[23] - The company’s cash flow from operating activities showed an increase, with cash received from tax refunds rising to ¥132,876,259.85 from ¥111,723,511.66 in the previous period[22] - Net cash flow from investing activities improved by 72.36%, with a net outflow of ¥35,728,800.53 compared to a larger outflow of ¥129,285,415.76 in the previous year[12] Assets and Liabilities - Total assets at the end of the reporting period were ¥6,462,096,110.02, a 3.03% increase from ¥6,271,767,256.53 at the end of the previous year[5] - Total liabilities increased to ¥3,114,728,387.37, up from ¥3,044,634,146.33, representing a growth of 2.3%[19] - The company’s total equity increased to ¥3,347,367,722.65 from ¥3,227,133,110.20, reflecting a growth of 3.7%[19] Shareholder Information - The total number of common shareholders at the end of the reporting period is 9,317[13] - The largest shareholder, Song Chuan, holds 50.13% of the shares, totaling 201,268,169 shares[13] - The company has not disclosed any changes in the participation of major shareholders in margin financing and securities lending[14] - There are no preferred shareholders or changes in restricted shares reported[14] - The company has not identified any related party relationships among shareholders beyond those disclosed[13] Expenses - Management expenses increased by 34.77% to ¥91,383,976.17, mainly due to higher compensation and share-based payment expenses[11] - Research and development expenses for the current period were ¥17,233,976.78, slightly down from ¥17,380,398.43 in the previous period[20] - Cash outflow for employee payments rose to ¥156.25 million from ¥131.00 million, an increase of 19.3%[23] Share Repurchase and Fundraising - The company plans to repurchase shares with a total amount not less than RMB 50 million and not exceeding RMB 100 million, with a maximum repurchase price of RMB 28.00 per share[14] - The estimated number of shares to be repurchased ranges from 178,570 shares (0.44% of total shares) to 357,140 shares (0.89% of total shares) based on the repurchase price[14] - The company is establishing an industrial fund with a target fundraising scale of RMB 1 billion, with an initial fundraising of RMB 652 million[15] - The company will contribute RMB 10 million to the industrial fund, representing 1.534% of the initial fundraising amount[15] - The repurchase period for the shares is set for up to 12 months from the board's approval date[14] Financial Gains and Losses - The company experienced a 204.09% decrease in financial expenses, resulting in a gain of ¥26,588,361.00, attributed to significant foreign exchange gains[11] - The impact of exchange rate changes on cash and cash equivalents was positive at ¥11.41 million, compared to a negative impact of -¥0.36 million in the previous period[23]

通往世界的新逻辑。 以下文章来源于暗涌Waves ，作者暗涌 暗涌Waves . 钱的流向，人的沉浮。36氪旗下投资报道账号。 文 ｜ 任倩 编辑 ｜ 陈之琰 来源｜ 暗涌Waves（ID： waves36kr） 封面来源 ｜ Unsplash 真正的困难正扑面而来。 关税攻防战的最新消息是 4 月 15 日美国海关已启用全新 " 原产地核查系统 " ，对经越南、墨西哥等国转口避税行为严查，违者最高面临逃税金 额 300% 罚金，追缴 10 年利润且账户冻结。美国要求进口商提供三级供应链溯源文件，重点国家货物 " 每票必查 " ，越南将是重点稽查对象。 违规成本突破天际，意味着所有经第三国转运美国货物的路径走不通了。也就是说，中国全球化企业供应链源头的大挪移势在必行。 然而，这种腾挪的实质是一种用原产地、高附加值换取最低成本代价的做法。其具体如何开展、谁先谁后、挪向何处等问题都需要经过相当周密的 计算。 卫哲所执掌的嘉御资本和他的被投企业已在这条道路上行进了两三年。安克创新自疫情期间就开始准备的预案 —— 将部分上游供应链迁移东南 亚，至今对美出口产品中近半数实现海外生产。家居企业致欧科技从 2024 下半年 ...

证券代码：301376 证券简称：致欧科技 公告编号：2025-017 致欧家居科技股份有限公司 关于回购公司股份的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 致欧家居科技股份有限公司（以下简称"公司"）于 2025 年 2 月 10 日召开 第二届董事会第十三次会议、第二届监事会第十一次会议审议，审议通过了《关 于回购公司股份方案的议案》。公司拟使用自有资金及银行回购专项贷款以集中 竞价交易方式回购公司股份（以下简称"本次回购"），用于实施员工持股计划 或股权激励计划。本次回购股份的种类为公司已发行的人民币普通股（A 股）。 本次回购的资金总额不低于人民币 5,000 万元（含）且不超过人民币 10,000 万元 （含），回购价格不超过人民币 28.00 元/股（含）。具体回购股份的数量和金额 以回购期满时实际回购的股份数量和金额为准。本次回购期限为自公司董事会审 议通过回购股份方案之日起不超过 12 个月。具体内容详见公司于 2025 年 2 月 11 日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于回购公司股份方案暨取得 ...

证券代码：301376 证券简称：致欧科技 公告编号：2025-016 致欧家居科技股份有限公司 关于回购公司股份的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 致欧家居科技股份有限公司（以下简称"公司"）于 2025 年 2 月 10 日召开 第二届董事会第十三次会议、第二届监事会第十一次会议审议，审议通过了《关 于回购公司股份方案的议案》。公司拟使用自有资金及银行回购专项贷款以集中 竞价交易方式回购公司股份（以下简称"本次回购"），用于实施员工持股计划 或股权激励计划。本次回购股份的种类为公司已发行的人民币普通股（A 股）。 本次回购的资金总额不低于人民币 5,000 万元（含）且不超过人民币 10,000 万元 （含），回购价格不超过人民币 28.00 元/股（含）。具体回购股份的数量和金额 以回购期满时实际回购的股份数量和金额为准。本次回购期限为自公司董事会审 议通过回购股份方案之日起不超过 12 个月。具体内容详见公司于 2025 年 2 月 11 日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于回购公司股份方案暨取得 ...

证券代码：301376 证券简称：致欧科技 公告编号：2025-015 致欧家居科技股份有限公司 关于首次回购公司股份的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 致欧家居科技股份有限公司（以下简称"公司"）于 2025 年 2 月 10 日召开 第二届董事会第十三次会议、第二届监事会第十一次会议审议，审议通过了《关 于回购公司股份方案的议案》。公司拟使用自有资金及银行回购专项贷款以集中 竞价交易方式回购公司股份（以下简称"本次回购"），用于实施员工持股计划 或股权激励计划。本次回购股份的种类为公司已发行的人民币普通股（A 股）。 本次回购的资金总额不低于人民币 5,000 万元（含）且不超过人民币 10,000 万元 （含），回购价格不超过人民币 28.00 元/股（含）。按照回购资金总额下限人民 币 5,000 万元、回购价格上限人民币 28.00 元/股进行测算，预计回购股份数量为 178.57 万股，占公司当前总股本的 0.44%；按照回购资金总额上限人民币 10,000 万元、回购价格上限人民币 28.00 元/股进行测算，预计回购股份数量 ...

致欧家居科技股份有限公司 关于公司参与设立产业基金的进展公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、基本情况 致欧家居科技股份有限公司（以下简称"公司"）为投资孵化上下游优质项目， 提升公司核心竞争力，推动公司战略愿景实现，公司作为有限合伙人使用自有资 金与普通合伙人兼执行事务合伙人苏州维特力新创业投资管理有限公司及其他有 限合伙人共同投资设立长沙泉仲创业投资合伙企业（有限合伙）（暂定名，具体 以市场监督管理部门核准登记的名称为准，以下简称"基金"或"合伙企业"）。具体 内容详见公司于 2025 年 1 月 6 日披露于巨潮资讯网（www.cninfo.com.cn）的《关 于公司参与设立产业基金的公告》（公告编号：2025-001）。 证券代码：301376 证券简称：致欧科技 公告编号：2025-014 1 | 2 | 有限合伙人 | 长沙市产业投资基金合伙企业（有限合 | 14,500 | 22.239% | | --- | --- | --- | --- | --- | | | | 伙） | | | | 3 | 有限合伙人 | 长沙天心新 ...

1 致欧家居科技股份有限公司（以下简称"公司"）于 2025 年 2 月 10 日召开 第二届董事会第十三次会议、第二届监事会第十一次会议审议，审议通过了《关 于回购公司股份方案的议案》。公司拟使用自有资金及银行回购专项贷款以集中 竞价交易方式回购公司股份（以下简称"本次回购"），用于实施员工持股计划 或股权激励计划。本次回购股份的种类为公司已发行的人民币普通股（A 股）。 本次回购的资金总额不低于人民币 5,000 万元（含）且不超过人民币 10,000 万元 （含），回购价格不超过人民币 28.00 元/股（含）。具体回购股份的数量和金额 以回购期满时实际回购的股份数量和金额为准。本次回购期限为自公司董事会审 议通过回购股份方案之日起不超过 12 个月。具体内容详见公司于 2025 年 2 月 11 日在巨潮资讯网（www.cninfo.com.cn）上披露的《关于回购公司股份方案暨取得 金融机构股票回购专项贷款承诺函的公告》（公告编号：2025-007）、2025 年 2 月 19 日在巨潮资讯网（www.cninfo.com.cn）上披露的《致欧家居科技股份有限公 司回购报告书》（公告编号：2025- ...