本报讯 （记者冯思婕）8月25日晚间，永艺家具股份有限公司（以下简称"永艺股份（603600）"）发布 了2025年半年度报告。报告期内，公司实现营业收入21.89亿元，同比增长6.66%；实现归母净利润1.33 亿元，同比增长4.92%；经营活动产生的现金流净额为1.36亿元，较上年同期大幅增长了1548.97%。 在当前的国际贸易环境下，永艺股份优质成熟海外产能的优势凸显，公司位于国内、越南和罗马尼亚的 三大生产基地可以协同满足客户全球采购需求，进一步提高竞争优势。 同时，永艺股份正加快推进从"外销和ODM/OEM（代工生产）模式为主"向"内外销并重、自主品牌和 ODM/OEM模式并行"的战略转型。外销方面，坚持"数一数二"市场战略，以大客户价值营销为主要手 段，同时积极发展跨境电商，不断拓宽海外市场销售渠道。 永艺股份始终坚持将技术创新作为企业发展的驱动力。今年上半年，公司研发费用达0.81亿元，同比增 长17.57%，占当期营业收入的3.71%，并新获得了发明专利6项、实用新型专利56项、外观设计专利13 项。 同日，永艺股份发布了2025年半年度分红方案，计划向全体股东每股派发现金红利0.16元（含 ...

Core Viewpoint - The company reported a slight decline in revenue and a significant reduction in net loss, indicating a potential recovery path amidst industry challenges and strategic shifts towards a dual circulation model [6][16][9]. Company Overview - The company focuses on the industrialization of interior decoration, particularly in prefabricated kitchens and bathrooms, aiming to become a leading provider in this sector [3]. - The main products include high-end sanitary ware, ceramics, bathtubs, shower rooms, bathroom cabinets, integrated cabinets, and tiles, with ongoing developments in smart home solutions [3]. Financial Performance - The company achieved operating revenue of 2.8539575 billion yuan, a decrease of 1.73% from the previous year [6][16]. - The net profit attributable to shareholders was -123.812 million yuan, an improvement of 46.75% compared to -232.5291 million yuan in the previous year [6][16]. Strategic Initiatives - The company plans to implement a "dual circulation" strategy to enhance growth, focusing on domestic sales driven by policy support and innovation while expanding overseas to overcome international competition [6][9]. - The company aims to leverage policy incentives and market demand changes to find new balance points for sustainable growth [6][9]. Market Trends - The demand for renovation and upgrading of older residential properties is increasing, with over 270 million homes aged over 20 years in China, shifting market focus from new housing to renovation [8]. - The company is targeting emerging markets in Southeast Asia, the Middle East, and Africa due to strong infrastructure needs and lower trade barriers [8][9]. Future Outlook - The company anticipates that the implementation of old-for-new policies will stimulate market recovery, although challenges remain as the industry is still in a bottoming phase [6][8]. - The company will continue to optimize resources and integrate production capabilities to build a more resilient industrial system [9].