（二）主营业务分渠道情况 证券代码：603801 证券简称：志邦家居 公告编号：2025-045 债券代码：113693 债券简称：志邦转债 志邦家居股份有限公司 关于 2025 年一季度主要经营情况的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其 内容的真实性、准确性和完整性承担个别及连带责任。 志邦家居股份有限公司（以下简称"公司"）根据上海证券交易所《上市公司行业信息披 露指引第二十七号——家具制造》的要求，现将公司 2025 年一季度主要经营情况披露如下： 一、报告期经营情况 | 分产 | 营业收入（元） | 营业成本（元） | 毛利率 | 营业收入比 | 营业成本比 | 毛利率比上年同 | | --- | --- | --- | --- | --- | --- | --- | | 品 | | | | 上年增减 | 上年增减 | 期增减 | | 整体 | 264,593,991.85 | 171,031,652.57 | 35.36% | -16.29% | -7.45% | 下降 个百 6.18 | | 厨柜 | | | | | | 分点 | | 定制 ...

Core Viewpoint - Gujia Home's 2024 annual report shows a decline in both revenue and net profit, indicating challenges in the domestic market while international operations performed better [2][4]. Financial Performance - The company achieved operating revenue of approximately 18.48 billion yuan, a year-on-year decrease of 3.81% [3]. - The net profit attributable to shareholders was about 1.42 billion yuan, down 29.38% compared to the previous year [3]. - The net profit after deducting non-recurring gains and losses was approximately 1.30 billion yuan, a decrease of 26.92% year-on-year [3]. Business Segment Analysis - The furniture manufacturing segment had an overall gross margin of 30.34%, an increase of 0.45 percentage points year-on-year [2]. - Sofa sales generated approximately 10.2 billion yuan in revenue, up 9.14% year-on-year, with a gross margin of 35.37%, slightly down by 0.31 percentage points [2]. - Bedroom product revenue was around 3.25 billion yuan, a decline of 20.8%, but the gross margin increased by 3.87 percentage points to 40.81% [2]. Domestic vs. International Performance - International business revenue was approximately 8.37 billion yuan, an increase of 11.33% year-on-year, with a gross margin of 27.15%, up 1.86 percentage points [4]. - Domestic revenue was about 9.36 billion yuan, a decrease of 14.4%, with a gross margin of 37.03%, down 0.35 percentage points [4]. Operational Challenges - The company noted that it did not meet its established goals, facing challenges in its traditional strengths in domestic fixed sofas and living room products [4]. - The bedroom product segment is experiencing growth challenges due to increased competition, and the North American mattress business is still in its early stages [4]. - Profitability is under pressure due to a decline in domestic trade scale and long-term capacity building investments [4].

Core Insights - The company reported a revenue of 1.309 billion yuan for 2024, representing a year-on-year growth of 11.30% [2] - The net profit attributable to shareholders reached 138 million yuan, marking a significant year-on-year increase of 77.09%, the highest in nearly five years [2] Group 1: Supply Chain and Production - The company aims to build a regional supply chain closed loop in North America, with its U.S. subsidiary gradually increasing production capacity [2] - The Mexican factory has completed customer inspections and is about to commence production, enhancing supply chain resilience and service capabilities [2] - The company is implementing full-process automation logistics in its Mexican subsidiary, reducing management costs and enabling flexible production of various products [2] Group 2: Organizational Management and Data Security - The company is undergoing a global organizational management transformation, reshaping business processes and strengthening integrated management of finance and operations [2] - It is enhancing data security management by introducing bastion hosts and a full-stack operation and maintenance platform for unified management of global network nodes and data operations [2] Group 3: Product Development and Sales - The company is focusing on the research and development of new materials, expanding product diversity, and upgrading existing products with intelligent production lines [3] - Future efforts will concentrate on bio-based materials and circular economy to consolidate technological advantages [3] - The company has established stable partnerships with well-known brands and has been recognized as a "Best Partner" for several consecutive years [3] - It is included in the supply chain systems of global home improvement retailers like Home Depot, indirectly providing PVC flooring products to end customers [3]

一、主营业务分产品情况 （一） 2024 年年度主营业务分产品情况 单位：万元 分产品 营业收入 营业成本 毛利率 （%） 营业收入 比上年增 减（%） 营业成本 比上年增 减（%） 毛利率比 上年增减 门类 51,843.16 42,286.59 18.43 -29.36 -26.01 减少 3.69 个百分点 柜类 32,357.02 22,389.15 30.81 4.39 8.10 减少 2.37 个百分点 墙板 13,243.48 7,854.85 40.69 -9.83 -11.18 增加 0.90 个百分点 其他家具 1,697.92 1,027.45 39.49 12.35 -6.33 增加 12.07 个 百分点 合计 99,141.58 73,558.03 25.81 -17.78 -16.23 减少 1.38 个百分点 （二） 2025 年第一季度主营业务分产品情况 证券代码：603216 证券简称：梦天家居 公告编号：2025-016 梦天家居集团股份有限公司 关于 2024 年年度及 2025 年第一季度主要经营数据的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误 ...

4月24日晚间，慕思健康睡眠股份有限公司（001323.SZ）披露2024年年报。报告期内，公司实现营业收 入56.03亿元，归属于上市公司股东的净利润为7.67亿元，在宏观消费趋缓的大背景下仍保持增长态势展 现出较强的韧性。同时，公司延续高比例现金分红策略，宣布向全体股东每10股派发现金红利10元（含 税）。 慕思股份（001323）积极推进以AI为核心的智能产品转型，构建了"硬件+算法+服务"的技术闭环，并 积极响应国家"以旧换新"等政策导向，在智能健康睡眠领域持续拓展产品边界。这一系列举措体现了公 司对股东长期价值的坚定承诺。 科技赋能纵深突破，AI产品打开智能睡眠新赛道 根据Euromonitor数据，2023年全球床垫市场规模达到674亿美元，预计到2028年将增长至767亿美元， 中国市场同期规模为693亿元，预计到2028年增长至774亿元。随着智能家居渗透率提升，智能床垫作为 智慧睡眠系统的重要终端，正加速从小众科技产品向大众家庭普及。中商产业研究院指出，当前国内智 能床垫渗透率不足5%，对标发达国家，未来存在5倍以上增长空间。 围绕行业变革趋势，慕思股份在2024年持续加大科技投入，全年研发 ...

[Table_Reportdate] 2025年04月28日 [Table_invest] 买入（维持） 报告原因：业绩点评 [匠心家居（ Table_NewTitle] 301061）：业绩超预期，自主 品牌稳步建设 证券研究报告 HTTP://WWW.LONGONE.COM.CN 请务必仔细阅读正文后的所有说明和声明 ——公司简评报告 [table_main] 投资要点 [盈利预测与估值简表 Table_profits] | | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 主营收入(百万元) | 2,548.38 | 3,103.73 | 3,636.29 | 4,203.22 | | 同比增速(%) | 32.63% | 21.79% | 17.16% | 15.59% | | 归母净利润(百万元) | 682.94 | 761.96 | 896.15 | 1,069.57 | | 同比增速(%) | 67.64% | 11.57% | 17.61% | 19.35% | | EPS(元/股) | 4.08 | 4. ...

2025年4月25日，中源家居股份有限公司召开第四届董事会第七次会议和第四届监事会第三次会议，审 议通过《关于回购注销部分限制性股票的议案》。 根据公司《2024年限制性股票激励计划（草案）》相关规定，因《激励计划（草案）》首次授予中的2 名激励对象离职，公司决定回购注销其持有的已获授但未解除限售的1.95万股限制性股票。 本次限制性股票回购注销完成后，公司总股本将由12,590.24万股变更为12,588.29万股，注册资本也将由 12,590.24万元变更为12,588.29万元。在办理本次回购注销完成前，若公司总股本发生变化，回购注销后 公司股权结构变动将按最新股本计算。 由于本次回购注销部分限制性股票涉及注册资本减少，依据《中华人民共和国公司法》和《公司章程》 等法律法规，公司通知债权人，债权人自接到通知书之日起30日内，未接到通知书的自本公告披露之日 起45日内，有权要求公司清偿债务或者提供相应的担保。债权人未在规定期限内行使上述权利，不影响 其债权有效性。 债权申报所需材料方面，公司债权人需持证明债权债务关系存在的合同、协议及其他凭证的原件及复印 件申报债权。若债权人为法人，还需携带法人营业执照副 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.5700 | 0.3200 | 78.13 | -0.1500 | | 每股净资产（元） | 6.51 | 6.15 | 5.85 | 5.81 | | 每股公积金(元) | 2.96 | 2.9 | 2.07 | 2.9 | | 每股未分配利润(元) | 2.30 | 1.94 | 18.56 | 1.66 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 13.09 | 11.76 | 11.31 | 7.99 | | 净利润(亿元) | 1.38 | 0.78 | 76.92 | -0.36 | | 净资产收益率(%) | 8.99 | 5.43 | 65.56 | -2.52 | 数据四舍五入，查看更多财务数据>> 二、前10名无限售条件股东持股情况 前十大流通股东累计持有： 18285万股，累计占流通股比： 76.19%，较上期变化 ...

一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.3400 | 0.1700 | -300 | -0.4400 | | 每股净资产（元） | 4.19 | 6.17 | -32.09 | 7.1 | | 每股公积金(元) | 2.41 | 3.4 | -29.12 | 4.28 | | 每股未分配利润(元) | 0.58 | 1.37 | -57.66 | 1.42 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 16.02 | 11.01 | 45.5 | 7.22 | | 净利润(亿元) | -0.42 | 0.21 | -300 | -0.42 | | 净资产收益率(%) | -7.48 | 3.68 | -303.26 | -7.08 | | 名称 | 持有数量(万股) | 占总股本比例(%) | 增减情况(万股) | | --- | --- | --- | --- | | 安吉 ...

Group 1 - The 2025 Diamond League event in Xiamen successfully concluded, with MLILY serving as the official supplier, showcasing advanced sleep technology products and providing post-competition recovery support for top athletes [1][3] - The Diamond League, launched by World Athletics in 2010, is the highest level of single-day international athletics competition, attracting numerous world-class athletes and showcasing unprecedented competitive levels [3] - MLILY has been the official supplier for the Diamond League for two consecutive years, contributing to the successful organization of the event and the recovery of athletes [3] Group 2 - At the event, MLILY displayed its flagship products, including the MLILY 0 Pressure Smart Bed M12 and 0 Pressure Mattress, highlighting the innovative integration of technology and sports recovery [5] - The MLILY 0 Pressure Smart Bed M12 features seven intelligent sleep modes, one-click relaxation, adjustable lumbar support, and a flexible wake-up alarm, integrating with the Xiaomi smart home ecosystem for a comprehensive relaxation experience [5][6] - The MLILY 0 Pressure Smart Bed M12 won the 2025 AWE Applan Award for innovation, recognized as a significant product evaluation in the home appliance and consumer electronics sector [6] Group 3 - During the pre-event "Diamond League Star Meet and Greet," MLILY gifted its popular 0 Pressure Deep Sleep Pillow Pro to participating athletes, which is designed to meet various sleep needs and prevent neck and spine discomfort [8] - The 0 Pressure Deep Sleep Pillow Pro, developed with patented non-temperature-sensitive material, features a dual-structure core that adapts to the neck's curve, promoting deep sleep and maintaining optimal head and neck temperature [8] - This pillow received the 2025 German Red Dot Award and was well-received by athletes, with many expressing their intention to take the "good sleep" experience home [8] Group 4 - For athletes undergoing intense training and competition, deep sleep is crucial for muscle relaxation and enhancing response and endurance, which MLILY focuses on by addressing the sleep needs of this demographic [10] - Since 2016, MLILY has partnered with Manchester United Football Club to optimize athlete sleep, and it is also the official sponsor of Nantong Zhiyun Football Club, contributing to the development of local sports in China [10] - MLILY aims to continue promoting healthy sleep concepts globally, providing the "0 Pressure Deep Sleep" experience to more health-conscious and sports-loving individuals [10]