Core Viewpoint - Kuka Home, a leading soft furniture company, is accelerating its expansion by issuing A-shares to raise approximately 1.997 billion yuan, primarily for smart home R&D and digital transformation projects [1][3]. Group 1: Financing and Shareholding - Kuka Home plans to issue up to 104 million shares, not exceeding 30% of the total share capital before the issuance, with the funds aimed at various projects including smart production line upgrades and digital transformation [3][4]. - The controlling shareholder, He Jianfeng, will increase his stake to 37.37% post-issuance, reinforcing his control over the company [5][6]. Group 2: Financial Performance - In the first half of 2025, Kuka Home reported revenue of 9.801 billion yuan, a year-on-year increase of 10.02%, and a net profit of 1.021 billion yuan, up 13.89% [1][6]. - The company faced challenges in 2024, with revenue declining by 3.81% to 18.48 billion yuan and net profit down 29.38% to 1.417 billion yuan, marking the first simultaneous decline in both metrics since its listing [6][7]. Group 3: Product and Market Development - Kuka Home's retail transformation has led to significant growth, with smart product sales increasing 18 times year-on-year and functional product sales rising over 50% in the first half of 2025 [2][7]. - The company has invested heavily in R&D, with cumulative expenses reaching 1.045 billion yuan from 2022 to the first half of 2025, resulting in innovative technologies that enhance market competitiveness [7]. Group 4: Asset Growth - Kuka Home's total assets reached a record high of 18.31 billion yuan by mid-2025, reflecting a year-on-year increase of 16.29% [6][7].

软体家具头部企业顾家家居（603816）(603816.SH)加快扩产步伐。 近日，顾家家居发布关于向特定对象发行A股股票申请获得上交所受理的公告，公司本次拟融资金额为 19.97亿元，发行对象为盈峰集团有限公司(下称"盈峰集团")，为公司的间接控股股东。盈峰集团以现金 方式认购本次发行的全部股票。 此次募集资金将重点投向智能家居研发、AI及零售数字化转型等核心领域，旨在推动业务发展与提升 核心竞争力。 盈峰集团实控人为美的集团（000333）创始人何享健之子何剑锋。按本次发行股票数量的上限计算，本 次发行完成后，何剑锋通过盈峰睿和投资、盈峰集团合计控制顾家家居的股份比例将提高至37.37%， 对公司的控制权进一步强化。 长江商报记者注意到，顾家家居本次发行股票的发行对象只有1名，为盈峰集团。 据了解，盈峰集团实控人为美的集团创始人何享健之子何剑锋。 2023年11月，盈峰睿和投资(盈峰集团全资子公司)以102.99亿元收购顾家家居29.42%的股权，每股价格 42.58元。交易完成后，何剑锋成为顾家家居实际控制人，原实控人顾江生家族持股比例降至15.63%， 退居第二大股东。 顾家家居自1982年创立以来， ...