北京 • 上海 • 深圳 • 广州 • 武汉 • 成都 • 重庆 • 青岛 • 杭州 • 南京 • 海口 • 东京 • 香港 • 伦敦 • 纽约 • 洛杉矶 • 旧金山 • 阿拉木图 Beijing • Shanghai • Shenzhen • Guangzhou • Wuhan • Chengdu • Chongqing • Qingdao • Hangzhou • Nanjing • Haikou • Tokyo • Hong Kong • London • New York • Los Angeles • San Francisco • Almaty 北京市中伦律师事务所 关于海尔智家股份有限公司 2025 年第一次临时股东会、2025 年第二次 A 股类别 股东会、2025 年第二次 D 股类别股东会、2025 年第 二次 H 股类别股东会的 法律意见书 二〇二五年十月 北京市中伦律师事务所 关于海尔智家股份有限公司 2025 年第一次临时股东会、2025 年第二次 A 股类别股东会、2025 年第二次 D 股类别股东会、2025 年第二次 H 股类别股东会的法 律意见书 致：海尔智家股份有限公司 ...

格隆汇10月16日丨海尔智家(06690.HK)宣布，本公司谨订于2025年10月30日（星期四）举行董事会会 议，以考虑及批准（其中包括）本公司及其附属公司截至2025年9月30日止9个月的第三季度业绩及其发 布。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Haier Smart Home Co., Ltd.* 海爾智家股份有限公司 （於中華人民共和國註冊成立之股份有限公司） 股份代號：6690 董事會會議召開日期 承董事會命 海爾智家股份有限公司 董事長 李華剛 中國青島 2025年10月16日 於本公告日期，本公司執行董事為李華剛先生及Kevin Nolan先生；非執行董事為 宮偉先生、俞漢度先生、錢大群先生及李少華先生；獨立非執行董事為王克勤先 生、李世鵬先生、吳琪先生及汪華先生；及職工董事為孫丹鳳女士。 * 僅供識別 海爾智家股份有限公司（「本公司」）董事會（「董事會」）宣佈，本公司謹訂於2025年10 月30日（星期四）舉行董事會會議，以考慮及批准（其中包括）本公司及其附屬公司截 至2025年9月30日止9個月之第三季度業績及其發佈。 ...

Core Insights - The article emphasizes the importance of standards in driving industrial upgrades, guiding technological directions, and establishing global market influence, highlighting Haier Smart Home's leadership in the global home appliance industry [1] Group 1: Industry Leadership - Haier Smart Home has led the industry by participating in and dominating the formulation of 116 international standards and 840 national/industry standards, the highest in the sector [2] - The company is the only one globally to be part of both IEC IB and MSB management bodies and the only Chinese home appliance company to undertake the IEC technical committee secretariat [2] - Haier Smart Home has initiated several international standards, including the world's first international standard for refrigerator preservation and the first performance testing standard for multi-tub washing machines [2] Group 2: Technological Innovation - Continuous investment in technology innovation has been a cornerstone of Haier Smart Home's standard-setting capabilities, with R&D investment reaching 100 billion yuan since 2018 and 4.14% of revenue allocated to R&D in 2023 [3] - The company holds the top position in the industry for patents, with 2,208 public patent applications, leading the global smart home patent rankings for 13 consecutive years [3] Group 3: Globalization Strategy - Haier Smart Home has established a "10+N" global R&D system, leveraging an online HOPE platform that connects over 250,000 experts and 1 million R&D resources, enabling rapid response to diverse market needs [3] - The company's localized innovations, such as large-capacity refrigerators for European and American markets and energy-saving air conditioners for Southeast Asia, provide a solid foundation for regional and global standard formulation [3] Group 4: Standards as a Bridge - In the modern industrial system, standards serve as a bridge connecting user needs, technological innovation, and market rules, allowing Haier Smart Home to solidify its industry leadership while contributing to the global home appliance industry's development [3]

Core Viewpoint - Haier Smart Home's stock increased by 1.19% with a trading volume of 1.69 billion yuan and a market capitalization of 238.45 billion yuan [1] Group 1: Company Overview - Haier Group, founded in 1984, has expanded from producing refrigerators to a wide range of sectors including home appliances, IT, logistics, finance, real estate, and biopharmaceuticals, becoming a global leader in providing solutions for a better life [2] - The company holds a 10.2% share of the global retail volume in 2014, maintaining its position as the world's largest home appliance brand for six consecutive years [2] - Haier Smart Home's main business includes the research, production, and sales of home appliances such as refrigerators, kitchen appliances, air conditioners, washing machines, and water appliances, along with providing comprehensive smart home solutions [4][8] Group 2: Financial Performance - For the first half of 2025, Haier Smart Home achieved a revenue of 156.49 billion yuan, representing a year-on-year growth of 15.39%, and a net profit attributable to shareholders of 12.03 billion yuan, up 15.48% year-on-year [8] - The company's revenue composition includes refrigerators (27.17%), air conditioners (20.94%), washing machines (20.22%), kitchen appliances (13.10%), and water appliances (6.11%) [8] - Haier Smart Home has distributed a total of 46.155 billion yuan in dividends since its A-share listing, with 21.766 billion yuan distributed in the last three years [9] Group 3: Shareholder Structure - Among the top ten circulating shareholders, Central Huijin Asset Management and China Securities Finance Corporation are included [3] - As of June 30, 2025, the number of shareholders reached 207,500, an increase of 9.97% from the previous period [8] - Hong Kong Central Clearing Limited is the fifth-largest circulating shareholder, holding 450 million shares, a decrease of 131 million shares from the previous period [9]

Core Insights - MSCI has released the latest ESG ratings, highlighting the performance of the home appliance industry, which is heavily reliant on energy consumption and resources [1] - Haier Smart Home (600690) has maintained its AA rating, remaining the highest in the domestic industry [1] - The ESG report disclosure rate for the A-share white goods sector has reached 80%, significantly higher than the average level of the A-share market [1] - The recent ratings show a divergence in the home appliance industry, with some companies maintaining their ratings while others have dropped off the list [1] - Each rating change serves as a reflection of the companies' achievements and provides direction for future development [1] - In the context of "dual carbon" goals, transforming environmental and social responsibilities into sustainable competitiveness will be crucial for gaining an advantage in industry transformation [1]

Core Viewpoint - Haier Smart Home's stock price has shown fluctuations, with a recent increase of 2.03%, while the company has experienced a year-to-date decline of 6.85% [1] Financial Performance - For the first half of 2025, Haier Smart Home achieved a revenue of 156.49 billion yuan, representing a year-on-year growth of 15.39%, and a net profit attributable to shareholders of 12.03 billion yuan, up 15.48% year-on-year [2] - Cumulatively, the company has distributed 46.155 billion yuan in dividends since its A-share listing, with 21.766 billion yuan distributed over the past three years [3] Shareholder Information - As of June 30, 2025, the number of shareholders for Haier Smart Home reached 207,500, an increase of 9.97% from the previous period [2] - The top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 450 million shares (a decrease of 131 million shares), and Huaxia SSE 50 ETF, holding 73.67 million shares (an increase of 4.9454 million shares) [3] Market Activity - As of October 14, 2023, Haier Smart Home's stock was trading at 25.63 yuan per share, with a market capitalization of 240.421 billion yuan [1] - The stock has seen a trading volume of 1.004 billion yuan, with a turnover rate of 0.63% [1]

Core Insights - Haier Smart Home (600690) has filed an international patent application titled "Rotor Structure, Motor, and Compressor" with application number PCT/CN2024/134441, which is set to be published internationally on October 9, 2025 [1]. Group 1: Patent Application - The patent application indicates Haier's ongoing innovation efforts in the field of motor and compressor technology [1]. - This is part of a broader strategy to enhance the company's intellectual property portfolio [1]. Group 2: Patent Statistics - In 2023, Haier Smart Home has filed a total of 141 international patent applications, representing a decrease of 63.28% compared to the same period last year [5]. - This decline in patent filings may reflect changes in the company's research and development focus or market conditions [5]. Group 3: R&D Investment - In the first half of 2023, Haier Smart Home invested 5.79 billion yuan in research and development, which is an increase of 11.73% year-on-year [5]. - The increase in R&D spending suggests a commitment to innovation despite the reduction in patent applications [5].

Core Viewpoint - Haier Smart Home experienced a decline of 2.10% in stock price, with a trading volume of 1.31 billion yuan and a market capitalization of 235.637 billion yuan [1] Company Overview - Haier Group, founded in 1984, has expanded from producing refrigerators to a wide range of sectors including home appliances, IT, logistics, finance, real estate, and biopharmaceuticals, becoming a global leader in providing solutions for a better life [2] - The company holds a 10.2% share of the global retail market for large home appliances, maintaining its position as the world's leading brand for six consecutive years [2] Shareholder Information - Among the top ten circulating shareholders, Central Huijin Asset Management Co., Ltd. and China Securities Finance Corporation Limited are included [3] Technology and Product Focus - The company utilizes Strauss's MAZE technology, leading in the water purifier market [4] - Haier Wireless, a subsidiary of Haier Group, focuses on wireless charging and has participated in setting national industry standards for electromagnetic compatibility and radiation, also investing in Intel's wireless charging technology team [4] - The main business involves the research, production, and sales of home appliances, including refrigerators, kitchen appliances, air conditioners, washing machines, water appliances, and other smart home solutions [4] Financial Performance - For the first half of 2025, Haier Smart Home achieved a revenue of 156.494 billion yuan, representing a year-on-year growth of 15.39%, and a net profit attributable to shareholders of 12.033 billion yuan, up 15.48% year-on-year [8] - The company's revenue composition includes: refrigerators 27.17%, air conditioners 20.94%, washing machines 20.22%, kitchen appliances 13.10%, equipment and channel services 11.97%, water appliances 6.11%, and others 0.48% [8] Dividend Information - Since its A-share listing, Haier Smart Home has distributed a total of 46.155 billion yuan in dividends, with 21.766 billion yuan distributed in the last three years [9] Institutional Holdings - As of June 30, 2025, the top ten circulating shareholders include Hong Kong Central Clearing Limited, holding 450 million shares, a decrease of 131 million shares from the previous period [9]

Core Viewpoint - Haier Smart Home has demonstrated positive market signals through executive share purchases and company buybacks, indicating confidence in its growth prospects [2][9]. Buyback and Executive Purchases - The company has repurchased shares totaling 1.017 billion yuan, exceeding the lower limit of its buyback plan [3][8]. - Nine executives, including Chairman and CEO Li Huagang, collectively invested 21.061 million yuan to purchase 985,800 shares, surpassing the planned minimum [4][8]. Financial Performance - Haier Smart Home has shown robust growth, with a compound annual growth rate of over 10% in net profit from 2021 to 2024 [4]. - In the first half of 2025, the company achieved a record net profit of 12.033 billion yuan, reflecting a year-on-year increase of 15.59% [4][11]. - The company's revenue for the first half of 2025 reached 156.494 billion yuan, marking a 10.22% year-on-year growth [11]. Research and Development Investment - The company is committed to R&D, with an investment of 6.017 billion yuan in the first half of 2025, a 12.30% increase year-on-year [5][12]. - R&D expenditures have been consistently increasing, with total investments from 2021 to 2024 amounting to 41.16 billion yuan [12]. Market Position and Strategy - Haier Smart Home is one of the leading players in the global home appliance market, holding the top position in retail volume for large home appliances for 16 consecutive years [11]. - The company has a diverse brand portfolio, including Haier, Casarte, Leader, GE Appliances, Candy, Fisher&Paykel, and AQUA [11]. - The company is also a pioneer in smart home solutions, focusing on innovative home scenarios and user-centric services [11]. Market Capitalization - As of October 10, 2025, Haier Smart Home's market capitalization reached 227.073 billion yuan, slightly surpassing that of Gree Electric [14].