Company Overview - The company held a performance briefing for the fiscal year 2024 and the first quarter of 2025 on May 29, 2025, via video live streaming and online interaction [1] - Key executives, including the chairman and independent directors, participated in the meeting to discuss operational results and financial indicators [1] Future Growth Points - The company aims to enhance profitability through a comprehensive strategic optimization of its "four business pillars" (retail, home decoration, refined decoration, and overseas) [2][4] - Specific strategies include: - Retail: Implementing a 140 strategy to upgrade the retail business model and transitioning to a new retail system [2] - Home Decoration: Utilizing the V8 service system to enhance collaboration with home decoration companies [3] - Refined Decoration: Strengthening partnerships with quality real estate companies and expanding product categories [3] - Overseas: Establishing a responsive product delivery system leveraging production bases in China and Thailand [3] Industry Outlook - The furniture manufacturing industry showed resilience, with a reported revenue of 677.15 billion yuan in 2024, reflecting a 0.4% year-on-year growth [5] - Government policies, such as the "Home Renovation Consumption Three-Year Action Plan," are expected to stimulate market demand, particularly in the renovation of existing homes [5] Financial Performance - In 2024, the company reported a net profit of 199 million yuan, a decrease of 31.76% compared to the previous year, attributed to reduced revenue and costs associated with new retail and overseas strategies [6] - For Q1 2025, the net profit was approximately 34.9 million yuan, a slight decline of 4.16% year-on-year, while the non-recurring net profit increased by 0.78% [6] Competitive Landscape - The overall industry performance faced challenges due to a complex economic environment, but the company's decline in performance was less severe compared to peers [7] - The company is focusing on enhancing its home decoration business to address increasing competition and meet the demands of younger consumers [8] Overseas Expansion - The company's first smart satellite factory in Dallas, Texas, commenced operations in March 2025, marking a significant milestone in its global strategy [9] - The overseas business is expected to be a key growth driver, with a focus on localized production and tailored service delivery [9] Dividend Policy - The company plans to implement a differentiated dividend plan for 2024, with a total cash dividend of approximately 95.84 million yuan, representing 48.09% of the net profit [11] - Future dividends will be adjusted based on performance and funding needs, aiming to enhance shareholder returns [11] Investor Engagement - The major shareholder has initiated a buyback plan, with an investment range of 55 million to 110 million yuan, to boost investor confidence [11]

Group 1 - The company is innovating customer experience by utilizing live streaming to promote non-fuel products, exemplified by a convenience store manager acting as a "oil station anchor" [1] - The company has launched a dual-engine strategy combining online promotions and offline services, including limited-time gasoline cash vouchers and discount coupons through Douyin, reaching over 20 million customers in 20 days [3] - The company is implementing tailored services for different customer segments, such as offering new customer incentives and exclusive discounts for loyal customers, while also providing on-site card services [3][5] Group 2 - Local branches are customizing services based on customer needs, such as installing high-flow fuel pumps for logistics companies and supplying essential goods to local businesses [5] - The company is actively responding to customer demands, providing flexible fuel delivery services that enhance convenience for project managers operating in various locations [3][5]

齐鲁晚报.齐鲁壹点李梦瑶 4月28日，济南市"一月一主题"暨提振消费集中采访活动走进天桥区金牛建材家居博览中心，实地调研"金牛"的转型之路。 历经三次升级改造 建立一站式建材家居产业集群 金牛建材家居总经理李娜介绍，30多年来，金牛建材市场实现了3次升级改造，由路边"大棚式"集市，转变为一站式、智慧型建材家居消 费综合体。 目前，金牛建材家居博览中心已成为营业面积12.5万平方米、300余家商户(其中有60多家品牌旗舰店和总代理商)入驻的综合性建材家居 商场，经营品类覆盖瓷砖、卫浴、地板、木门、智能家电、全屋定制等全领域，为消费者打造智慧型、一站式家居购物体验。其中瓷砖 品牌60多家，在济南同类商场中位列第一。经营方式上，市场应用数字技术，拓展线上销售和电商直播，提升营商环境，打造体验式、 沉浸式消费新场景。 金牛建材家居自重装开业以来，每月推出主题促销活动，通过满减折扣、抽奖买赠、爆品秒杀等多元玩法，为消费者带来实实在在的优 惠。商场打造"品牌促销+全商场联动"的销售模式，通过"以点带面"辐射全商场消费，形成"一户促销，全场沸腾"的共赢局面。 "购物+赛事+娱乐" 打通"文体旅商"消费链条 近几年，金牛集团 ...

今天（4月12日）上午，桐乡广电第十八届春季家博会开幕。4000平米的展厅内，挤满了前来选购的市民， 开幕不到1小时，准备签单的客户就已经排起 了长龙，场面十分火爆，足可窥见桐乡消费市场的活力值。 "我家房子正在装修，听说家博会有优惠活动，就特意过来瞧瞧。"朱先生表示，他逛了几个展位后发现， 这里的价格普遍比平时门店里的要低，他打算 多采购几个品类，这样能省下不少开支。 朱先生下单后不久，记者在现场看到，又有几位市民陆续签订了合同。" 不到1个小时，我们就已经成交了5单，家博会的效果真是太棒了！"桐乡富得利 地板店长倪高婷说。 有需求的市民不妨去现场看看！ 恒洁卫浴已经连续18年参加家博会了。 "每年在家博会成交的订单量都不少，相信今年也会有不错的收获。"该店负责人俞春香说。 本届家博会，消费者可以享受政府前期出台的优惠政策。比如，对于符合以旧换新补贴政策的消费者来说，如果家里正在进行旧房装修、厨卫等局部改 造，在现场购买饰面砖、板材、集成吊顶、门窗、定制柜、卫生洁具等物品和材料， 可按照实际购买价格的15%给予补贴，补贴金额最高可达2万元。除 了政府的优惠政策，商家也带来了"年度最低价"，现场还有"五重好礼 ...