大材研究，泛家居老板经营内参，经理人每日读物，一线人员的生意参谋，打造有影响力的 大家居建装研究机构、专业评价与传播中心。 从2000年成立到2016年登陆深交所，富森美走了16年时间，从成都出发，一支逐鹿中国家居建材流通市 场的主力军崛起。 接着从2016年到2025年，上市后的9年时间里，富森美从经营思维、业态、场景、商户合作、赋能方 式、流量结构等全链条入手，展开一波接一波的创新，大胆拓荒，拥抱变革，进而在洗牌剧烈的流通赛 道上巩固领跑者地位，并给行业带来多项重要改变。 受益于房地产市场繁荣，大家居建装行业经历了较长时间的高速增长时代。外部环境的利好，催化了弄 潮儿们的雄心。高负债式、高速扩张式经营成为常态。 收获规模的同时，往往导致债务持续走高。据大材研究的不完全统计，当下的居住产业里，超五成上市 公司的资产负债率超过50%，甚至有一定比例的企业面临超70%的资产负债率。 而富森美带来的改变是，从规模向利润、从扩张向深耕的经营思维转变。长达25年的时间里，该公司深 耕以成都为核心的西南市场，成为利润率高、资产负债率低的典型案例。 反映到数据上，富森美的净利率大多数年份超过50%，归母净利润每年稳定在5 ...

记者丨李益文 编辑丨曾静娇 7月25日，富森美(002818.SZ)开盘竞价跌停，截至午间收盘，富森美股价跌幅收窄至4.48%， 总市值93亿元。 消息面上，昨日晚间，富森美公告称，公司于近日收到成都市郫都区监察委员会签发的关于公 司董事长刘兵被留置的通知书。刘兵在留置期间暂时无法履行董事长职责，由公司副董事长刘 云华代为履行董事长相关职责。 公告表示，目前公司控制权未发生变化，除刘兵外的公司其他全部董事、监事、高级管理人员 均正常履职。公司董事会运作正常，公司及子公司生产经营情况正常，高管团队已对日常经营 管理相关事项做了妥善安排，该事项不会对公司的生产经营产生重大影响。 针对上述事件，富森美工作人员向以投资者身份采访的21财经·南财快讯记者表示， 董事长刘 兵被留置一事与公司业务并无直接关系，目前留置只针对其个人，公司暂未收到配合调查通 知。 公开信息显示，刘兵生于1968年，曾任成都金牛建材经营部负责人，1998年起先后创办成都 市富森木业工贸有限公司、郫县富森木业有限公司及富森美等。 值得注意的是，刘兵与代职的刘云华、公司董事兼总经理刘义为亲姐弟，截至2025年一季度 末，三人作为一致行动人合计持有公 ...

7月25日，富森美(002818.SZ)开盘竞价跌停，截至9时35分，富森美股价跌幅收窄5.8%，报12.19元/股， 总市值91亿元。 | < W | 富森美(002818) | | | | | --- | --- | --- | --- | --- | | | 交易中 07-25 09:35:00 通 | | | | | 12.19 | 额 5860万 股本 7.48亿 | 市盈 14.0 | 万得 | | | -0.75 -5.80% | 换 1.61% 市值1 91亿 | 市净 1.85 | 참 回 | | | +784 | 五日 日K 周K | | ● 用品 (0) | | | 鹽加 | | 均价:12.19 | 盘口 资金 | | | 14.23 | | 9.97% 卖五 | 12.23 | 743 | | | | 壶四 | 12.22 | 155 | | | | == | 12.21 | 73 | | | | ਵਿੱਚ ਕਾਲ | 12.20 | 255 | | 12.94 | | -- 76000 | 12.19 | 364 | | | | SP- | 12.16 | 65 | | | | | ...

7月24日晚间，富森美 发布 公告称，公司董事长刘兵被留置 。在刘兵被留置期间，由公司 副董事长刘云华代为履行董事长相关职责。 【 导读 】富森美董事长刘兵被留置，副董事长刘云华代为履职 中国基金报记者 闻言 公告称，目前， 公司控制权未发生变化 。 除刘兵外，公司其他全部董事、监事、高级管理人员均正常履职。 刘兵是富森美的实控人，一致行动人包含刘云华、刘义。2024年年报显示，刘兵是刘云华、刘义的弟弟，刘云华是刘兵、刘义的姐姐。 截至2025年第一季度末，刘兵、刘云华、刘义分别持有 富森美 43.70%、27.70%和8.71%的股份。 | | | | | | 成都高森夫家居股份有限公司 2025年第一季度报告 | | | --- | --- | --- | --- | --- | --- | --- | | 現金流量表项目 | 2025 年 1-3 月 | 2024 年 1-3 月 | 增减少动比例 | | 童大爱动说明 | | | 经营活动产生的现金 硫量净额 | 405,485,317,61 | 269.543.718.90 | | | 50.43%主要系本期保理款和小額贷款净收回增加所致 | | | ...

C l CP 李玉鹏 红星欧丽全球家居至尊Mall（红星美凯龙上海吴中路店） ◎记者 李雨琪 近年来，国内家居建材行业正经历从规模扩张向价值跃升的战略转型。红星美凯龙以"家"为核心，从家 居延伸到家电、家装，三者互为外延、互为入口、互为增量，共同构成了新的家居生态消费场景。 "我们希望可以凝聚线下'人间烟火气'，为消费者提供一站式的家居消费场景，完成'人、货、场'的流量 聚合。"近日，美凯龙董事长李玉鹏在接受上海证券报记者专访时表示，抓牢"高端、年轻、生态"这三 点，从"卖产品"到"造场景"、从"单一家居"到"全链路服务"的蜕变，是提升公司竞争力的关键。 坚守主赛道 夯实核心竞争力 2000年，随着上海真北商场开业，"红星美凯龙"品牌正式走进消费者视野。25年来，红星美凯龙积累了 较高的品牌认知度和消费者认可度。 2023年，厦门国资旗下建发股份通过市场化方式入主，成为美凯龙控股股东。2025年3月，公司董事会 选举李玉鹏担任董事长。在李玉鹏的带领下，美凯龙的经营方向从"渠道为王"向"生态赋能"转变。 "2022年，我有幸深度参与到建发股份对美凯龙的控制权转让交易中。"李玉鹏回溯自己职业生涯时称， 他自201 ...

Core Viewpoint - The company, 帝欧家居, announced a share buyback plan by its major shareholders, reflecting their confidence in the company's future development [1] Group 1: Share Buyback Plan - The actual controller, Mr. Zhu Jiang, along with his concerted actions, plans to increase their holdings in the company within six months from the announcement date [1] - The total amount intended for the buyback is RMB 37.5 million [1] - The maximum purchase price for the shares is set at 10 RMB per share [1] Group 2: Commitment and Strategy - The buyback will be executed through the Shenzhen Stock Exchange trading system, either via centralized bidding or block trading, or by converting "帝欧转债" into shares [1] - The shares acquired through this buyback will be locked for three years after completion [1]

Core Insights - The article emphasizes the transformative potential of AI in enhancing employee performance, automating operations, and driving product innovation, urging companies to adopt AI as a new work paradigm rather than just software or cloud applications [1] Group 1: Case Studies and Applications - Morgan Stanley implemented a rigorous evaluation process for AI applications, resulting in 98% of advisors using the tool daily and increasing document information retrieval from 20% to 80% [4] - Indeed utilized AI to optimize job matching, leading to a 20% increase in job application initiation rates and a 13% increase in employer hiring preferences [9] - Klarna's AI customer service system autonomously handled over two-thirds of customer inquiries, reducing average response time from 11 minutes to 2 minutes, with 90% of employees integrating AI into their workflows [13][14] - Lowe's collaborated with OpenAI to fine-tune AI models, improving product label accuracy by 20% and error detection capabilities by 60% [18] - Mercado Libre built a developer platform using AI, significantly accelerating application development and enhancing fraud detection accuracy to nearly 99% [22] Group 2: Key Insights from Case Studies - A systematic evaluation process is essential before deploying AI to ensure model performance and reliability [6] - AI should be integrated seamlessly into existing workflows to enhance user experience rather than being treated as an additional feature [10] - Early adoption of AI leads to compounding benefits, as seen in Klarna's case where widespread employee engagement accelerated innovation [15] - Customizing AI models to specific business needs enhances their effectiveness and relevance [19] - Providing developers with AI tools can alleviate innovation bottlenecks and streamline application development [23] Group 3: Deployment Strategies - Companies should adopt an open and experimental mindset, focusing on high-return, low-barrier scenarios for initial AI deployment [31] - A dual-track deployment methodology is recommended: widespread accessibility for all employees and concentrated efforts on high-leverage use cases [33][34] - Ensuring AI reliability and accuracy is crucial for driving workflow transformation within organizations [34] Group 4: Industry Trends - AI adoption in business is accelerating, with 78% of organizations using AI in 2024, up from 55% the previous year [35] - Despite the increase in AI usage, many companies have yet to see significant cost savings or profit increases, with most reporting savings of less than 10% [35] - The trend indicates that while AI tools are becoming more prevalent, organizations are still in the early stages of exploring their full potential [38]

Core Insights - The 27th China Building and Decoration Expo (Guangzhou) will take place from July 8 to 11, 2025, at the Canton Fair Complex, featuring an exhibition area of 300,000 square meters and nearly 2,000 participating companies, with an expected attendance of over 200,000 domestic and international professional visitors [1]. Group 1 - The expo aims to empower industry development through three major ecological layouts and six channel networks, contributing to the construction of a new development pattern [1]. - The event will focus on high-quality development in the home furnishing and construction industry, addressing market uncertainties and stabilizing the supply chain [4]. - The expo will transform from a traditional exhibition platform to a comprehensive industry empowerment service platform, promoting business conversion and enhancing the entire industry chain [4]. Group 2 - The expo will introduce emerging themes such as smart appliances, robotics, commercial office solutions, sports flooring, smart construction, and high-end new materials, providing new growth points for participating companies [4]. - The "CBD World-Connect" global linkage plan and "Leading Overseas" initiative will be promoted to help brands expand their global presence and enhance buyer services [5]. - The focus on establishing export channels and global online and offline promotional strategies will be crucial for brands to overcome growth bottlenecks and expand market space [5].

Core Viewpoint - GMS Inc's stock surged nearly 12%, reaching an all-time high following the announcement of its acquisition by Home Depot's subsidiary SRS Distribution at a price of $110 per share [1] Company Summary - Home Depot, a major player in the home improvement retail sector, is acquiring GMS Inc through its professional trade distribution subsidiary SRS Distribution [1] - The acquisition price is set at $110 per share for all outstanding shares of GMS Inc [1] Industry Summary - The acquisition reflects ongoing consolidation trends within the home improvement and building materials retail industry, highlighting strategic moves by major players to enhance market position [1]

在消费升级与行业变革的双重驱动下，百安居以全新姿态开启战略升级新篇章。6月28日，上海金桥店 重装开业，以直营直供模式为核心，打造极致商品力与高效服务体验；恰逢品牌26周年庆，百安居联合 政府及商圈品牌推出多重福利，携手Heetravel游泳中心、富安娜、呈康体育等品牌，以异业联动激发家 庭消费活力，拓展商业边界，为消费者创造更多附加价值。同时，也展现了百安居深耕市场的战略决心 以及变革魄力。 传统家居行业流通环节多、加价率高，而百安居通过源头直采、供应链一体化整合，直接对接头部品 牌，砍掉中间商差价，让消费者以更优价格买到优质建材、家具和家电。同时，百安居将传统经销商转 型为服务商，统一管理销售团队和仓储物流，大幅降低运营成本，提升交付效率，整体交付周期缩短 20%，装修等待时间更短，工程进度更可控。此外，依托线上线下一体化系统，全流程透明高效，服务 履约能力提高，客户满意度大幅提升。 除了价格和效率的提升，百安居金桥店还彻底改变了传统建材卖场的陈列方式，打造了不同风格的样板 间，让消费者可以直观感受家居搭配效果，真正实现"所见即所得"。门店整合了建材、家具、软装、家 电等品类，消费者在这里可以一次性完成从 ...