Core Viewpoint - The company has decided to terminate the fundraising project for the "Headquarters Construction Project" as part of its initial public offering, reallocating the funds for cash management and temporary liquidity support [1] Group 1: Company Actions - The company's board and supervisory board have approved the proposal to terminate the fundraising project [1] - The company plans to continue using the raised funds within the approved limits for cash management and to temporarily supplement liquidity [1] Group 2: Strategic Direction - The company has been steadily operating its decoration business while expanding into the semiconductor industry through external investments and partnerships [1] - Future fundraising projects will be planned and determined carefully in alignment with the company's development strategy [1]

Group 1 - *ST Baoying's stock will resume trading on October 27, 2025, following the company's application [1] - For the first half of 2025, *ST Baoying's revenue composition is as follows: decoration and renovation accounted for 61.06%, construction engineering for 29.92%, and others for 9.02% [1] - The current market capitalization of *ST Baoying is 3.7 billion yuan [2] Group 2 - A well-known brand has spent 170 million yuan to acquire 2,000 shares of a target company with a registered capital of only 10,000 Hong Kong dollars, raising questions about the necessity of the acquisition [2]

| 业务 | 2025 | 年第三季度新签 | 截至报告期末累计已签约未 | 截至报告期末已中标尚未 | | --- | --- | --- | --- | --- | | 类型 | | 订单金额 | 完工的合同金额 | 签约订单金额 | | 公共 | | 202.91 | 3,139.88 | - | | 装修 | | | | | | 住宅 | | 7,756.50 | 23,950.97 | 364.00 | | 装修 | | | | | | 商业 | | - | 1,169.48 | - | | 装修 | | | | | | 合计 | | 7,959.40 | 28,260.33 | 364.00 | 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 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，厦门万里石股份有限公司2025年 第三季度装修装饰业务主要经营情况如下： 单位：万元人民币 证券代码：002785 证券简称：万里石 公告编号：2025-058 厦门万里石股份有限公司 2025年第三 ...

Group 1 - The core point of the article is that Hainan Development (002163.SZ) reported a new signed order amount of 397 million yuan for its decoration business in the third quarter of 2025, with a total of 2.982 billion yuan in signed but uncompleted orders as of the end of the reporting period [1]

Group 1 - The company *ST Baoying (SZ 002047) announced on August 15 that its 31st meeting of the 8th Board of Directors was held, where the proposal for the election of the chairman was reviewed [2] - For the fiscal year 2024, *ST Baoying's revenue composition is as follows: 99.16% from decoration and renovation, and 0.84% from other sources [2]

Core Viewpoint - Guangtian Group (002482.SZ) reported significant business activity in the decoration and renovation sector for the second quarter of 2025, indicating a robust order intake and backlog [1] Group 1: Business Performance - The company signed new orders totaling 445 million yuan in the second quarter [1] - There are outstanding bids that have been won but not yet signed, amounting to 805 million yuan [1]

Core Insights - Guangtian Group (002482) announced a new signed order amount of 445 million yuan for its decoration and renovation business in the second quarter of 2025 [1] Company Summary - The new signed order amount reflects the company's ongoing activities and potential growth in the decoration and renovation sector [1]

Group 1 - The company Wanli Stone (002785.SZ) reported a total new signed orders amounting to 52.6342 million yuan in the second quarter of 2025 [1] - As of the end of the reporting period, the total amount of signed but uncompleted contracts reached 304 million yuan [1] - The company has also secured additional bids amounting to 60.78 million yuan that have not yet been signed [1]

Core Viewpoint - Minsheng International (00938) reported a revenue of HKD 138 million for the fiscal year ending March 31, 2024, reflecting a year-on-year growth of 8.95%, while the net loss attributable to shareholders increased to HKD 592 million from HKD 552 million in the previous year [2] Financial Performance - The company achieved a revenue of HKD 138 million, marking an 8.95% increase year-on-year [2] - The net loss attributable to shareholders was HKD 592 million, compared to a loss of HKD 552 million in the previous year [2] - The net cash flow from operating activities was -HKD 5.85 million, an improvement from -HKD 45.88 million in the previous year [2] - Basic earnings per share were -HKD 0.92 [2] Valuation Metrics - As of July 29, the price-to-book ratio (TTM) was approximately -0.25 times, and the price-to-sales ratio (TTM) was about 2.72 times [2] Business Segments - The company operates through four main segments: 1. Chongqing Property Division, focusing on residential apartments, serviced apartments, and shopping malls [10] 2. Property Management Services Division, offering property management, housekeeping, and landscaping services [10] 3. Renovation and Decoration Division, involved in the decoration of hotels, malls, offices, schools, and hospitals [10] 4. Japanese Hotel Operations Division, managing resort hotels in Hokkaido, Japan [10] Cash Flow Analysis - The net cash flow from financing activities was HKD 147.23 million, a decrease of HKD 296.01 million year-on-year [21] - The net cash flow from investing activities was -HKD 4.067 million, compared to -HKD 3.364 million in the previous year [21] Asset and Liability Changes - Investment properties decreased by 12.49% compared to the previous period, with a 1.42 percentage point drop in total asset proportion [30] - Contract assets increased by 113.56%, contributing to a 0.47 percentage point rise in total asset proportion [30] - Accounts payable and notes payable surged by 663.04%, increasing their proportion of total assets by 48.5 percentage points [33] - Short-term borrowings rose by 7.5%, with a 12.11 percentage point increase in total asset proportion [33] Liquidity Ratios - The current ratio was 0.13, and the quick ratio was 0.03 [36]

东易日盛家居装饰集团股份有限公司 2025年第二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 年第二季度装修装饰业务主要经营情况如下： 单位：万元 证券代码：002713 证券简称：*ST 东易 公告编号：2025-056 | 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 | 12,672 | 20,525 | | 精工装业务 | 1,603 | 4,585 | | 公装业务 | 7,224 | 13,228 | | 合 计 | 21,499 | 38,338 | 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。 特此公告。 东易日盛家居装饰集团股份有限公司 董事会 二〇二五年七月二十五日 ...