这场更名，其实远远滞后于它的实际行动。行业内一向以"做得多、说得少"而闻名的喜临门，其实早在十余年前，便埋下了科技的种子，从推出兼具智能监 测与护脊功能的宝褓系列智能床垫，到搭建睡眠医学与智能技术融合的研发体系，再到斩获多项睡眠科技领域的专利认证……十余载深耕不辍，昔日的科技 种子，如今已然长成枝繁叶茂的参天大树。 喜临门睡眠研究院通过长期睡眠研究和大数据监测，持续追踪国人睡眠状况。新京报记者 王琳 摄 低调喜临门迟来的"正名" 12月26日，喜临门发布公告，宣布在2025年第三次临时股东会上审议通过公司更名议案。早前，喜临门发公告称，公司名称由"喜临门家具股份有限公司"变 更为"喜临门健康睡眠科技股份公司"。 公司更名的建议，最初是几年前一位企业家朋友向董事长陈阿裕提出的，他认为喜临门具备很强的科技基因，改名是必然的，但陈阿裕一直说"再等等"。 2020年，喜临门历时9年研发、历经5次迭代，推出全球首款软硬可调空气弹簧床垫Smart One，以8项国际发明专利、107项总专利认证，打破欧美200多年钢 丝弹簧技术垄断。"当时技术已经领先，但我想把工作做扎实点儿再更名。" 此后5年，喜临门继续默默升级科技实力 ...

Core Viewpoint - Xilinmen Furniture Co., Ltd. is changing its name to Xilinmen Healthy Sleep Technology Co., Ltd. to align with its strategic development in the sleep technology sector, marking a significant brand transformation from a traditional furniture manufacturer to a technology-driven sleep solution provider [1][5][6]. Company Strategy and Transformation - The name change reflects the company's commitment to "dedicating to human health sleep" and aims to enhance brand recognition and premium positioning in the market [6][15]. - Xilinmen has invested heavily in sleep technology, holding 2,376 valid patents, including 73 invention patents, and has developed core technologies such as flexible air bags and intelligent monitoring systems [1][12]. - The company has established a proprietary 5G industrial internet platform and has been recognized as an advanced intelligent factory in Zhejiang Province [1][14]. Market Context and Growth Potential - The Chinese sleep economy market has grown from 261.63 billion yuan in 2016 to 495.58 billion yuan in 2023, with projections to reach 658.68 billion yuan by 2027, indicating a significant growth opportunity [7]. - Increasing consumer awareness of sleep quality is driving demand for smart sleep products that incorporate features like intelligent monitoring and personalized adjustments [8][15]. Product Innovation and Development - Xilinmen's product range has expanded from traditional soft furniture to include smart sleep products, with electric smart home products accounting for over 3% of revenue in the first three quarters of 2025 [12]. - The company has successfully upgraded its core technology modules, enabling dynamic adjustment of mattress firmness and intelligent adaptation to sleep environments [12][15]. - The Aise Baobao brand has achieved the highest L4 level certification for smart mattresses, showcasing the company's leadership in the smart sleep product category [4][13]. Industry Trends and Future Outlook - The sleep industry is transitioning into a technology-driven phase, characterized by product intelligence, data-driven services, and ecosystem integration [15]. - Xilinmen is positioned to lead this transformation by leveraging data to enhance user engagement and create continuous value-added services, thereby redefining sleep as a measurable and manageable health metric [15].

Core Viewpoint - The company is changing its name to better reflect its strategic positioning and business direction towards becoming a "technology-based sleep solution provider" [1] Group 1: Company Name Change and Strategic Shift - The board of directors of Xilinmen has approved a proposal to change the company's name from "Xilinmen Furniture Co., Ltd." to "Xilinmen Health Sleep Technology Co., Ltd." [1] - This name change aims to more accurately reflect the company's strategic positioning and business development direction [1] Group 2: Business Transformation and R&D Investment - Xilinmen has been continuously investing in sleep technology research and development, currently holding a total of 2,376 valid patents, including 73 valid invention patents [1] - The product range has expanded from traditional soft furniture to include smart deep sleep series [1] Group 3: Market Demand and Consumer Trends - Over 300 million people in China suffer from sleep disorders, with approximately 150 million requiring active intervention, according to the "2025 China Sleep Health Survey Report" [1] - The sleep economy market in China has exceeded 400 billion yuan, with increasing consumer emphasis on sleep quality [1] - Technologies such as smart sleep monitoring, sleep aid audio, biofeedback adjustment, and intelligent temperature and humidity control are becoming new standard features in products [1] Group 4: Competitive Landscape and Technological Advancements - In the international market, sleep technology has become a competitive focus, with leading brands like SleepNumber and EightSleep establishing technological advantages [2] - Xilinmen has made breakthroughs in the smart sleep field, upgrading core technology modules such as flexible air bags and intelligent sleep monitoring systems [2] - The company has achieved innovative breakthroughs in dynamic adjustment of mattress firmness and intelligent adaptation of sleep environments [2]

公告显示，此次名称变更旨在使公司名称与战略定位及业务实质相匹配。公司正从传统家具制造商向科 技型睡眠解决方案供应商转型，本次更名是对既定战略的进一步确认与深化。预计该变更不会对生产经 营产生重大影响。 战略转型的背后是公司长期的资源投入。公开财务数据显示，过去十年间，喜临门累计研发投入已超过 12亿元人民币。持续的研发投入构成了此次战略升级的核心基础。 基于这些投入，公司已构建起覆盖材料科学、智能传感、睡眠医学及人机交互等多领域的技术能力。截 至公告日，喜临门累计拥有有效专利2376项，其中包含73项国内发明专利及38项国际专利，形成了相当 规模的技术壁垒。 在具体技术层面，公司近年来在智慧睡眠领域取得进展。基于自主创立的"三阶段助眠理论"，喜临门升 级了柔性气囊、智能睡眠监测等核心模块，实现了床垫分区软硬度动态调节与睡眠环境智能适配的创 新。空气弹簧、主动助眠等技术已实现产业化应用。 喜临门家具股份有限公司（证券简称：喜临门，证券代码：603008）发布公告，拟将公司中文名称变更 为"喜临门健康睡眠科技股份公司"，英文名称相应变更为"Sleemon Healthy Sleep Technology Co., ...

Core Viewpoint - The significant rise in the stock price of Xilinmen is attributed to its name change from "Xilinmen Furniture Co., Ltd." to "Xilinmen Health Sleep Technology Co., Ltd.", indicating a fundamental shift in its development strategy and value core [1][10]. Group 1: Strategic Shift - The name change is not merely a branding upgrade but represents a strategic transformation towards health and technology in the sleep sector [1][10]. - The inclusion of "technology" in the name opens new dimensions for the company, suggesting higher profit potential and faster growth expectations, allowing it to escape traditional manufacturing perceptions [4][10]. Group 2: Market Response - The market's positive reaction to the name change reflects investor confidence in the company's strategic pivot, as evidenced by the stock price surge [4][5]. - Investors are encouraged not only by the name change but also by substantial progress disclosed in the announcement, such as the revenue contribution from smart home products exceeding 3% by the third quarter of 2025 [5]. Group 3: Technological Foundation - Xilinmen has a robust technological foundation with 2,376 valid patents, including 73 invention patents, which support its transition to a technology-driven company [8]. - The company’s smart sleep brand, aise Baobao, has achieved the highest L4 level certification under the national standard for intelligent furniture, showcasing its commitment to integrating smart technology into sleep solutions [8]. Group 4: Historical Context - The transition towards smart technology began in 2020 with the launch of the Smart 1 mattress, marking the start of Xilinmen's "smart deep sleep" era [10]. - The company is evolving from a passive bedding manufacturer to an active health management platform, indicating a significant shift in its business model [10].

来源：环球网 【环球网综合报道】 12月9日，喜临门发布关于拟变更公司名称及修订《公司章程》的公告。 根据公告，公司中文名称拟由"喜临门家具股份有限公司"变更为"喜临门健康睡眠科技股份公司"。英文 名称拟由"XilinmenFurniture Co., Ltd."变更为"Sleemon Healthy Sleep Technology Co., Ltd."。证券简称"喜 临门"及证券代码"603008"保持不变。 图源：喜 临门 对于更名原因，喜临门在公告中指出，根据经营发展需要，为全面、准确地配合公司战略发展布局，实 现未来产业规划，使公司名称与公司定位及战略规划相匹配，拟变更公司名称。 公告指出，在消费者对健康睡眠需求不断升级以及公司自身业务发展需求的共同驱动下，喜临门坚定推 进从"传统家具制造商"向"科技型睡眠解决方案供应商"的战略转型。通过夯实床垫主业根基，持续多年 进行睡眠科技研发投入，公司以技术与产品的不断创新实现跨越式发展。截至目前公司拥有有效专利总 数2376项（国际专利38项，国内专利2338项），其中有效发明专利73项。产品品类从传统软体家具拓展 至智能深睡系列，2025年前三季度公司电动 ...

Core Viewpoint - The company is transitioning from a traditional furniture manufacturer to a technology-driven sleep solution provider, reflected in its proposed name change to "Xilinmen Health Sleep Technology Co., Ltd." [1] Group 1: Strategic Transformation - The name change aims to better align with the company's strategic positioning and business development direction, driven by increasing consumer demand for healthy sleep and the company's own business expansion [1] - The company has significantly increased its R&D investment in sleep technology, holding a total of 2,376 valid patents, including 73 invention patents and 38 international patents [1] Group 2: Product Development - The company has expanded its product structure from traditional soft furniture to intelligent deep sleep series, with electric smart home products accounting for over 3% of revenue in the first three quarters of 2025, marking a new growth point [1] - The company has successfully upgraded core technology modules, achieving breakthroughs in dynamic adjustment of mattress firmness and intelligent adaptation of sleep environments [1] Group 3: Innovation and Manufacturing - The company has launched innovative products such as AI smart mattresses and electric bed frames, integrating sensing, pneumatic support, and decision control systems to transition from passive support to active sleep assistance [2] - The company has established a 5G industrial internet platform for smart manufacturing, recognized by the Zhejiang Provincial Economic and Information Technology Department as part of the first batch of advanced smart factories for 2025 [2] - The company aims to continue its mission of promoting healthy sleep, enhancing collaborative innovation, and responding to market demands for high-quality sleep solutions [2]

Core Viewpoint - The company reported its Q3 2025 results, showing revenue growth and a strategic shift towards becoming a sleep technology enterprise, despite short-term profit pressures [1][2]. Financial Performance - For the first three quarters of 2025, the company achieved revenue of 6.196 billion yuan, a year-over-year increase of 3.68%, and a net profit attributable to shareholders of 399 million yuan, up 6.45% year-over-year [1]. - In Q3 alone, the company reported revenue of 2.176 billion yuan, with a year-over-year growth of 7.78%, but a decline in net profit attributable to shareholders by 6.10% [1]. Strategic Developments - The company is accelerating its transformation into a sleep technology firm, enhancing its product matrix and deepening partnerships with top institutions like Tsinghua University to optimize sleep algorithms [2]. - The brand "aise" is expanding its domestic and overseas channels, successfully entering the Middle East market, with a total of 5,264 offline stores as of the end of Q3 [2]. Profitability and Cost Management - The gross profit margin for Q3 was 35.6%, reflecting a decrease of 0.9 percentage points year-over-year, attributed to increased promotional activities [2]. - The company’s net profit margin for Q3 was 6.1%, down 0.9 percentage points year-over-year, while management expenses showed a steady improvement [2]. Investment Outlook - The company is positioned as a leading domestic mattress brand, with expectations for net profit growth to reach 453 million yuan in 2025, 557 million yuan in 2026, and 644 million yuan in 2027, corresponding to PE ratios of 16, 13, and 11 times [3]. - A target price of 21.18 yuan per share is set for 2026, with a recommendation to maintain a "buy" rating based on the steady progress in the smart sleep business [3].

Investment Rating - The report maintains a "Recommendation" rating for the company, with a target price of 21.18 CNY per share [2][8]. Core Insights - The company reported steady revenue growth in Q3 2025, with total revenue reaching 21.76 million CNY, a year-on-year increase of 7.78%. However, the net profit for the same quarter decreased by 6.10% to 1.33 million CNY [2][8]. - The company is transitioning into a sleep technology enterprise, enhancing its product matrix with AI-driven solutions. It has expanded its distribution channels both domestically and internationally, including entry into the Middle East market [8]. - The gross margin for Q3 2025 was 35.6%, reflecting a slight decline due to increased promotional activities. The net profit margin for the quarter was 6.1%, down by 0.9 percentage points year-on-year [8]. Financial Performance Summary - For the first three quarters of 2025, the company achieved revenues of 619.6 million CNY, with a year-on-year growth of 3.68%. The net profit attributable to the parent company was 39.9 million CNY, up 6.45% year-on-year [2][4]. - The financial forecasts indicate a projected revenue growth from 8,729 million CNY in 2024 to 10,462 million CNY by 2027, with corresponding net profits expected to rise from 322 million CNY to 644 million CNY over the same period [4][9]. - The company’s earnings per share (EPS) is projected to increase from 0.88 CNY in 2024 to 1.75 CNY in 2027, with a price-to-earnings (P/E) ratio decreasing from 22 to 11 over the same timeframe [4][9].

Core Insights - The "Top 100 Brand Influence Enterprises in the Yangtze River Delta 2025" list was officially released, highlighting the diverse and vibrant industrial structure of the region, with 25 companies from Zhejiang Province, including Alibaba, Geely Holding, and Nongfu Spring, recognized for their strong performance across various sectors [1] Group 1: Company Overview - Xilinmen has transformed from merely manufacturing beds to defining quality sleep, focusing on health sleep through "sleep technology" as a breakthrough in a highly competitive traditional furniture industry [2] - The company has achieved significant results with its smart sleep ecosystem brand, aise Baobao, which is the first in China to receive L4-level smart mattress certification [2] - Xilinmen's product lines, including the Cloud Enjoy C series and Smart Enjoy S series, integrate sensing, pneumatic support, and decision control systems to enhance user sleep experience [2][3] Group 2: Innovation and R&D - Xilinmen's R&D system is built on solid investment and open collaboration, with over 1.2 billion yuan invested in recent years and partnerships with top academic institutions and tech companies [4] - The company has applied for 2,795 patents, holding 2,224 valid patents, including 30 international patents and 54 domestic invention patents, showcasing its commitment to innovation [4] - Xilinmen has continuously published the "China Sleep Index Report" since 2012, accumulating over 100 million sleep data points, which informs product development and enhances brand association with sleep [4][5] Group 3: Market Recognition - The recognition in the "Top 100 Brand Influence Enterprises" reflects the market's acknowledgment of Xilinmen's commitment to sleep technology and innovation [5] - The company's ability to translate hard technology into detailed care for users' daily lives is seen as a valuable brand strength in the current business environment [5]