Group 1 - The company *ST Dongyi (002713)* announced that the new signed contract amount for home decoration business in Q2 2025 is 127 million yuan, with a total of 205 million yuan in signed but uncompleted contracts [1] - The precision engineering business reported new signed contracts of 16.03 million yuan and 45.85 million yuan respectively [1] - The public decoration business recorded new signed contracts of 72.24 million yuan and 132 million yuan respectively [1] Group 2 - The total new signed contracts amount to 215 million yuan, with a cumulative total of 383 million yuan in signed but uncompleted contracts [1]

Industry Overview - The construction decoration industry value decreased to CNY 4.93 trillion in 2023 but is expected to grow to CNY 8.16 trillion by 2027, indicating a stable growth trend [2] - The company focuses on the public decoration market, which has high entry barriers due to strict requirements on construction techniques and project management [2] Future Development Directions - In 2025, the company will focus on overseas business and old renovation projects, aiming to optimize business structure and achieve high-quality growth [3] - The old renovation business is projected to account for nearly 15% in 2024, with plans to increase this to 50% in 2025 [3] Business Structure and Performance - In 2024, public decoration projects will constitute nearly 90% of the company's business, with government projects making up over half [4] - The company plans to strategically reduce its home decoration business and selectively divest low-margin projects to enhance overall profitability [5] Profitability Challenges - The company's gross margin in 2024 is expected to be pressured by intense industry competition, extended payment cycles, and a focus on stable cash flow over profit margins [6] Financial Performance - The company reported a year-on-year increase in revenue and net profit in Q1 2025, demonstrating strong operational resilience [8] - Future profitability is anticipated to improve due to ongoing financial strategies and business structure optimization [8] Domestic Business Expansion - Significant growth in domestic orders was noted, with Beijing orders increasing by 56% and Jiangsu by 35% in 2024 [9] - The company will continue to focus on the Jiangsu, Zhejiang, and Shanghai regions to strengthen market position [9] Cleanroom Business Development - The cleanroom business spans medical purification, industrial/biological purification, and laboratories, with plans to enhance technology investment in high-end cleanroom projects [10] - The company aims to innovate business models and collaborate with quality private enterprises to expand market share in high-end cleanroom engineering [10]

Group 1: Business Performance and Strategy - In 2024, the company's public decoration business accounted for nearly 90% of its operations, with a slight growth in new contracts driven by office space and public transportation projects [2][3] - The company's revenue from outside provinces reached 69% in 2024, focusing on key regions like Beijing, Guangzhou, and Sichuan-Chongqing [2] - The company plans to increase its old renovation business from 15% to 50% in 2024, with an average of over 60,000 old renovation projects annually from 2021 to 2024 [2][3] Group 2: Financial Metrics - The asset-liability ratio for 2024 is approximately 60%, attributed to the maturity of factoring loans, maintaining financial stability without operational bank loans [4] - Management expense ratio increased due to strategic adjustments, technology investments, and incentive mechanisms, impacting short-term costs but aiming for long-term competitiveness [5] - The net cash flow from operating activities reached 405 million yuan in 2024, a year-on-year increase of 17.68%, driven by a focus on stable cash flow projects [8] Group 3: Market Trends and Opportunities - The global semiconductor capital expenditure is expected to grow at a compound annual growth rate of 7.33% from 2023 to 2028, with China accounting for about 50% [8] - The cleanroom market is projected to reach 194.3 billion yuan globally and 58.3 billion yuan in China by 2025, indicating strong demand driven by semiconductor industry growth [8] Group 4: Technological Advancements - The company established an AI R&D department in 2024 to enhance design processes, aiming to shorten design cycles and improve efficiency [12] - Future R&D will focus on high-end cleanroom technology and smart construction equipment, with plans to assess the feasibility of in-house development and potential acquisitions [6][12] Group 5: International Expansion - The total contract amount for overseas construction projects in 2024 is 534 million yuan, with plans to expand into Africa while managing risks associated with market fluctuations and compliance [9]

注 1：公司不存在重大项目。 注 2：以上数据仅为阶段性数据且未经审计，供各位投资者参阅。 证券代码：002713 证券简称：东易日盛 公告编号：2025-041 东易日盛家居装饰集团股份有限公司 2025年第一季度装修装饰业务主要经营情况简报 本公司及董事会全体成员保证公告内容真实、准确和完整，没有虚假记载、误导性陈 述或者重大遗漏。 根据《深圳证券交易所股票上市规则》、《深圳证券交易所上市公司自律监 管指引第 3 号——行业信息披露》等相关规定，东易日盛家居装饰集团股份有限 公司 2025 年第一季度装修装饰业务主要经营情况如下： 单位：万元 | 业务类型 | 新签订单合同金额 [工程（含配套）、设计产值合计] | 截至报告期末累计已签 约未完工合同金额 | | --- | --- | --- | | 家装业务 | 13,723 | 21,809 | | 精工装业务 | 1,994 | 4,881 | | 公装业务 | 4,832 | 9,883 | | 合 计 | 20,549 | 36,573 | 二〇二五年四月二十七日 特此公告。 东易日盛家居装饰集团股份有限公司 董事会 ...