OPPEIN(SH:603833) Mei Ri Jing Ji Xin Wen·2025-08-05 10:05Core Viewpoint - The company, Oppein Home, has issued a statement addressing recent false reports by some media regarding its operational stability and compliance with dividend policies, asserting its strong financial health and low debt pressure [1][2]. Company Summary - Oppein Home reported a strong cash reserve and excellent financial metrics, including low asset-liability ratios and liquidity ratios, with no overdue debts [1]. - The company has experienced a minor issue with 7 distributors facing financial difficulties, representing only 0.13% of its distributor network, which is characterized as individual cases rather than systemic risks [1]. - As of June 2025, Oppein Home has over 5,500 cooperative distributors and more than 7,500 physical stores [1]. - The company is focusing on upgrading consumer experience and adapting its business model in response to evolving consumer demands [1]. Industry Summary - The home furnishing industry is currently facing challenges, with significant events such as the closure of Jingjiaju and the death of a key figure in the industry, leading to a perception of a "cold wave" in the market [2]. - Preliminary reports indicate mixed performance among over 50 listed home furnishing companies, with some, like Sophia and Haolaike, experiencing declines in both revenue and net profit [2]. - According to East Asia Securities, the overall demand for home furnishings is under pressure, with a projected 3.9% year-on-year decline in sales for 2024, although improvements are expected in the latter part of the year [3].