美的集团股份有限公司2025年第一季度报告

Group 1 - The company guarantees the authenticity, accuracy, and completeness of the information disclosed in the quarterly report, with no false records or misleading statements [2][8] - The first quarter report has not been audited [3][7] - The company has made retrospective adjustments to previous accounting data due to the implementation of new accounting standards, affecting the classification of warranty fees [3] Group 2 - The company reported significant revenue growth in its segments: New Energy and Industrial Technology at 11.1 billion yuan (up 45% year-on-year), Intelligent Building Technology at 9.9 billion yuan (up 20%), and Robotics and Automation at 7.3 billion yuan (up 9%) [3] - The company plans to split its subsidiary, Ande Intelligent Supply Chain Technology Co., Ltd., for listing on the Hong Kong Stock Exchange, which is expected to enhance operational independence and focus on core business areas [9][11][17] - The split is seen as beneficial for both the company and the subsidiary, allowing for better market positioning and potential growth opportunities [39][45] Group 3 - The company has confirmed that it meets the requirements for the split under the relevant regulations, including continuous profitability over the last three years and compliance with asset and profit thresholds [19][20][22] - The split is expected to improve the subsidiary's financing capabilities and operational efficiency, ultimately benefiting the overall financial health of the company [39][48] - The company will maintain its control over the subsidiary post-split, ensuring that related transactions remain compliant and fair [34][35]