扬子晚报网2月3日讯(记者范晓林薄云峰)2月2日晚间，多家上市公司披露回购进展。其中，美的集团（00033）、顺丰控股（002352）回购金额为不超过 30亿元且不低于15亿元；目前上述两家已回购股份近20亿元。 关于以集中竞价交易方式回购 A 股股份进展情况的公告 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。 美的集团股份有限公司(以下简称"公司")于2025年4月8日召开第五届董 事会第七次会议审议通过了《关于以集中竞价方式回购公司A股股份的方案》, 同意公司以集中竞价交易方式回购公司部分已发行的A股股份,用于实施股权激 励计划及/或员工持股计划,回购价格为不超过人民币100元/股,回购金额为不超 过30亿元且不低于15亿元,实施期限为自董事会审议通过回购股份方案之日起12 个月内。公司于2025年4月9日披露了《关于以集中竞价方式回购公司A股股份方 案的报告书》。 一、公司累计回购A股股份的具体情况 根据《上市公司股份回购规则》《深圳证券交易所上市公司自律监管指引第 9号-回购股份》等相关规定,现将公司回购股份进展情况公告如下: 截至2026年1月31 ...

2月3日，香港恒生指数收涨0.22%，恒生科技指数跌1.07%。 | 名称 | 现价 | 涨跌 | 涨跌幅 | | --- | --- | --- | --- | | 恒生指数 | 26834.77 | 59.20 | 0.22% | | 恒生科技 | 5467.26 | -59.05 | -1.07% | | 恒生生物科技 | 15086.65 | 236.76 | 1.59% | | 恒生中国企业指数 | 9053.11 | -27.08 | -0.30% | | 恒生综合指数 | 4109.45 | 15.58 | 0.38% | 编辑丨瑜见 | 名称 | 现价 | 涨跌幅 ▼ | | --- | --- | --- | | 万国黄金集团 | 14.670c | 13.63% | | 紫金黄金国际 | 217.200c | 7.85% | | 龙资源 | 7.780c | 7.31% | | 赤峰黄金 | 37.540c | 7.13% | | 中国白银集团 | 0.680 c | 6.25% | | 漳关黄金 | 3.290 c | 6.13% | | 灵宝黄金 | 22.440c | 5.85% | ...

Market Overview - The white goods sector increased by 0.05% on February 3, with Whirlpool leading the gains [1] - The Shanghai Composite Index closed at 4067.74, up by 1.29%, while the Shenzhen Component Index closed at 14127.1, up by 2.19% [1] Stock Performance - Whirlpool (600983) closed at 11.15, with a rise of 2.39% and a trading volume of 77,200 shares, amounting to a transaction value of 85.91 million yuan [1] - Snowball Electric (001387) closed at 14.80, up by 1.86%, with a trading volume of 34,200 shares and a transaction value of 50.25 million yuan [1] - Hisense Home Appliances (000921) closed at 23.94, increasing by 1.70%, with a trading volume of 76,300 shares and a transaction value of 182 million yuan [1] - Haier Smart Home (600690) closed at 25.20, up by 0.80%, with a trading volume of 388,500 shares and a transaction value of 977 million yuan [1] - Midea Group (000333) closed at 77.91, with a slight increase of 0.08%, trading 345,000 shares for a total of 2.692 billion yuan [1] - Other notable performances include Gree Electric (000651) down by 0.47% and TCL Smart Home (002668) down by 0.81% [1] Capital Flow - The white goods sector saw a net inflow of 137 million yuan from institutional investors, while retail investors experienced a net outflow of 61.62 million yuan [1] - The capital flow for major stocks indicates that Midea Group had a net inflow of 26.3 million yuan from institutional investors, but a net outflow of 79.25 million yuan from retail investors [2] - Haier Smart Home had a net inflow of 38.57 million yuan from institutional investors, with a net outflow of 1.88 million yuan from retail investors [2] - Gree Electric experienced a significant net outflow of 143 million yuan from institutional investors [2] - Deep Kangjia A (000016) faced a substantial net outflow of 15.33 million yuan from institutional investors, while retail investors had a net inflow of 1.22 million yuan [2]

快手跌超4%， 百度集团跌超3%； 中芯国际、哔哩哔哩跌超2%，阿里巴巴、美团、小米集团等跌超1%；华虹半导体、美的集团、网易等走高。 | 名称 | 现价 | 涨跌幅 - | | --- | --- | --- | | 快手-W | 73.450c | -4.61% | | 百度集团-SW | 141.400 c | -3.61% | | 腾讯控股 | 581.000 c | -2.92% | | 哔哩哔哩-W | 253.000 c | -2.54% | | 中古国际 | 70.450 c | -2.42% | | 美团-W | 93.200 c | -1.74% | | 蔚来-SW | 36.340 c | -1.46% | | 零跑汽车 | 39.600 c | -1.44% | | 阿里巴巴-W | 161.000 c | -1.41% | | 小米集团-W | 34.600 c | -1.31% | | 比亚迪股份 | 90.000 c | -1.10% | | 京东健康 | 60.300 c | -1.07% | | 金山软件 | 29.180c | -1.02% | | 京东集团-SW | 10 ...

宁波精达（603088.SH）2月3日在投资者互动平台表示，欧洲市场是公司历来注重的市场销售区域，与 众多世界企业品牌建立战略合作伙伴关系，包括意大利电装、日本大金、松下、日立、德国马勒、法莱 奥、格力、美的等，目前已有60余个国家和地区使用精达生产的成形装备。同时在德国，美国，日本等 都有设立生产基地和销售公司，装备出海战略是公司近年来积极实施的重要战略目标之一。 （文章来源：每日经济新闻） 每经AI快讯，有投资者在投资者互动平台提问：请问公司近年是否存在向欧盟成员国出口或销售的相 关业务？ ...

Group 1 - The core complaint volume in the daily appliance industry exceeded 32,000 cases in 2025, marking a 23.07% increase compared to 2024, driven by enhanced national subsidy policies that expanded appliance consumption [1][11] - The complaint trend showed a clear pattern of "promotion-driven, summer peak," with significant spikes during major promotional events like "618" and "Double 11," and a peak of 192 complaints per day in July due to the arrival of the second batch of subsidy funds and high summer temperatures [1][11] Group 2 - The main complaint issues in the daily appliance industry include after-sales service problems, product quality issues, and difficulties with returns/refunds [2][12] - After-sales service problems accounted for 40.33% of complaints, while product quality issues made up 25.52%, and difficulties with returns/refunds constituted 25.31% [3][13] Group 3 - Smart cleaning robots had the highest complaint rate at 23.33%, primarily due to issues with navigation and obstacle avoidance, while air conditioning complaints accounted for 17.91%, focusing on installation fee disputes and cooling/heating failures [4][15] - Complaints involving amounts between 1,001 and 5,000 yuan represented the highest proportion at 42.17%, with issues centered on high-end smart appliances and major appliances like air conditioners and refrigerators [5][16] Group 4 - The overall complaint handling situation was positive, with a high response rate from most companies, exceeding 98%, including brands like Tineco, Ecovacs, and Midea, which had response rates above 99% [6][17]

Core Viewpoint - Recent increases in raw material prices, particularly copper and aluminum, have raised concerns about the profitability of leading white goods companies, but historical data suggests that the negative impact on gross margins may diminish over time [1][2] Group 1: Raw Material Price Impact - Since 2008, the home appliance industry has experienced three significant raw material price increase cycles, with the impact on gross margins decreasing over time: the highest quarterly gross margin decline was 5-7 percentage points during 2009-2011, around 5 percentage points in 2016-2017, and approximately 2 percentage points from 2020-2022 [1] - In January 2026, copper and aluminum prices increased by 36.7% and 20.9% year-on-year, respectively, which is lower than the increases seen from 2020-2022, suggesting that the current raw material cost impact on white goods companies may be less severe [2] Group 2: Production and Demand Trends - In February, the total production of white goods in China reached 23.79 million units, a 22.1% decrease compared to the same period last year, with a projected 5.0% decline for January-February combined [3] - The production performance of white goods has shown signs of recovery, with the impact of the Spring Festival timing affecting February production, but cumulative growth for January-February has slightly improved [3] Group 3: Retail Market Performance - In 2025, the retail scale of China's home appliance market is expected to decline by 4.3% year-on-year to 893.1 billion yuan, with specific categories like air conditioners and refrigerators experiencing declines of 0.4% and 11.5%, respectively [4] - Small home appliances are expected to perform better, with an overall retail growth of 3.8%, indicating a relative resilience compared to larger appliances [4] Group 4: Key Data Tracking - In January, the home appliance sector experienced a relative return of -2.6%, with raw material prices for copper and aluminum increasing by 7.8% and 4.8% month-on-month, respectively [5] Group 5: Investment Recommendations - Recommended stocks in the white goods sector include Midea Group, Haier Smart Home, TCL Smart Home, and Hisense Home Appliances, while TCL Electronics and Hisense Visual are recommended in the black goods sector [6]

Group 1 - The home appliance sector experienced a decline, with the SW home appliance index dropping by 0.68% as of January 28, 2026, and the current industry P/E ratio (TTM, excluding negative values) standing at 15.60 times [3][22] - Major home appliance companies have begun to raise prices due to increased costs from rising metal raw material prices and memory chips, alongside the reduction of national subsidies [3][22] - Midea implemented a tiered price increase strategy in early January, raising prices by 2% on January 3 and an additional 4% on January 5, with online retail prices for air conditioners increasing by 5.7% compared to December 2025 [3][22] Group 2 - National subsidies for home appliances are set to decline, but large appliances will continue to benefit from subsidies in 2026, including refrigerators, washing machines, televisions, air conditioners, computers, and water heaters [4][23] - The retail sales of home appliances and audio-visual equipment saw significant year-on-year declines in October, November, and December 2025, with decreases of 14.6%, 19.4%, and 18.7% respectively [4][23] - The production of domestic air conditioners in early 2026 is projected to decline by 14.8% in January-February and 5.7% in March compared to the same period last year [4][23] Group 3 - European countries are increasing the promotion of heat pumps, with exports reaching a historical high of 1.62 billion yuan in December 2025, marking a year-on-year increase of 21.7% [5][20] - The heat pump market in Europe is expected to improve, driven by the restoration or enhancement of subsidy policies, with a penetration rate of only 12% in 2024, indicating significant growth potential [5][24] - The promotion of heat pump heating is a key strategy for achieving carbon neutrality by 2050, which is expected to sustain the improvement of exports from China [5][24] Group 4 - TCL is set to acquire Sony's television business, forming a joint venture where TCL will hold 51% and Sony 49%, with the final agreement expected by the end of March 2026 [6][21] - TCL's adjusted net profit for 2025 is projected to be between 2.33 billion and 2.57 billion Hong Kong dollars, reflecting a year-on-year growth of 45-60% [6][21] - The merger is anticipated to increase TCL and Sony's combined market share to 16.7% by 2027, potentially surpassing Samsung's projected market share of 16.2% [6][21]

家电产业链，下游渠道 ★ ★ 转 载 声 明 转载请联系market-service@cib.com.cn邮箱，我们尽快给予回复。本报告相关内容未经我司书面许可，不得进行引用或转载，否则我司保留追诉权利。 服 务 支 持 人 员 经过近四十年代的发展，家电渠道已从"广覆盖"的扩张时代，迈入"提效率"的深耕阶段。20世纪90年代至2013年"家电下乡"政策结束前，家电销售增长高 度依赖渠道扩张，因此渠道建设以提高覆盖面为目标，企业往往依托代理商进行渠道扩张。自2013年以来，主流家电企业渠道建设基本完成，叠加电商平 台迅猛发展，渠道竞争重心开始转向提高效率，旨在降低流通成本、提升价格竞争力。 提高渠道效率的关键在于扁平化。格力着力重构厂商关系，在推动线上发展、强化对线下渠道管控的基础上，于2025年建立"恒信系"渠道体系，迈出扁平 化关键一步。美的以提升供应链效率与数字化能力为驱动，继2017年推行网批模式后，于2024年启动直达消费者模式（Direct to Consumer，DTC），有效 支撑中小型零售渠道的扁平化拓展。海尔智家通过私有化海尔电器，消除产销职能的交叉，又于2025年推进"数字库存"变革，实 ...

国家知识产权局信息显示，美的集团（上海）有限公司、美的集团股份有限公司取得一项名为"物体的 坐标方向的确定方法和确定装置"的专利，授权公告号CN115797618B，申请日期为2022年12月。 来源：市场资讯 天眼查资料显示，美的集团（上海）有限公司，成立于2020年，位于上海市，是一家以从事计算机、通 信和其他电子设备制造业为主的企业。企业注册资本100000万人民币。通过天眼查大数据分析，美的集 团（上海）有限公司共对外投资了11家企业，参与招投标项目142次，专利信息786条，此外企业还拥有 行政许可130个。 声明：市场有风险，投资需谨慎。本文为AI基于第三方数据生成，仅供参考，不构成个人投资建议。 美的集团股份有限公司，成立于2000年，位于佛山市，是一家以从事通用设备制造业为主的企业。企业 注册资本767558.8172万人民币。通过天眼查大数据分析，美的集团股份有限公司共对外投资了132家企 业，参与招投标项目5000次，财产线索方面有商标信息5000条，专利信息5000条，此外企业还拥有行政 许可86个。 ...