| 投资者关系活动类 | □ 特定对象调研 □ 分析师会议 | | | | | | --- | --- | --- | --- | --- | --- | | 别 | □ 媒体采访 □ 业绩说明会 | | | | | | | 新闻发布会 路演活动 □ √ | | | | | | | □ 现场参观 □ 其他 | | | | | | 活动参与人员 | 东吴证券 黄诗涛 胡颖 陈金伟 朴拙资本 | 鹏华基金 | | | 苗天一 | | | 国源信达 李剑飞 李晓 安联投资 吴珮莹 广发证券 | | | | 陈琳云 | | | 易方达基金 李荣耀 永赢基金 王博 金川 | | 乔钢 | 平安基金 | | | | 诸暨农商银行 倪晓东 | | | | | | 时间 | 2026 年 3 月 5 日 | | | | | | 地点 | 深圳 | | | | | | 形式 | 现场参加东吴证券、广发证券的上市公司交流会 | | | | | | 公司接待人员 | 副总经理、董事会秘书 杨伟华 | | | | | | | 1、公司经营策略调整情况以及 2026 年核心发展规划 | | | | | | | 基于对公司过去几年整体经 ...

编号：2026-005 | 投资者关系活动类 | √ 特定对象调研 □ 分析师会议 | | | --- | --- | --- | | 别 | □ 媒体采访 □ 业绩说明会 | | | | 新闻发布会 路演活动 □ □ | | | | □ 现场参观 | | | | √ 其他 （腾讯会议） | | | 活动参与人员 | 国海证券 林昕宇 华宝基金 刘娇 | 赵兰亭 | | | 浙商证券 毕春晖 泰康资管 李金桃 | | | 时间 | 2026 年 3 月 4 日 | | | 地点 | 箭牌总部大厦 | | | 形式 | 线上会议、现场会议 | | | 公司接待人员 | 副总经理、董事会秘书 杨伟华 | | | | 1、公司经营策略调整情况以及 2026 年核心发展规划 | | | | 基于对公司过去几年整体经营情况的复盘，并紧密围绕市场 | | | | 变化，2025 年，公司确立了以零售渠道建设为核心，深耕零售渠 | | | | 道的精细化运营管理，以店效倍增项目为抓手，向经销商持续赋 | | | | 能，重点驱动零售渠道的增长。前三季度，店效倍增项目分阶段 | | | | 稳步推进，经销商试点门店店效实现显 ...

编号：2026-004 | 投资者关系活动类 | √ 特定对象调研 □ 分析师会议 | | --- | --- | | 别 | □ 媒体采访 □ 业绩说明会 | | | 新闻发布会 路演活动 □ □ | | | □ 现场参观 | | | □ 其他 （请文字说明其他活动内容） | | 活动参与人员 | 东吴证券 黄诗涛 信达澳银基金 李琳娜 王天乐 | | 时间 | 2026 年 2 月 6 日 | | 地点 | 箭牌总部大厦 | | 形式 | 线上电话会议 | | 公司接待人员 | 副总经理、董事会秘书 杨伟华 | | | 1、公司经营策略调整情况 | | | 2025 年，基于对公司整体经营情况的复盘，并紧密围绕市场 | | | 变化，确立了以零售渠道建设为核心，深耕零售渠道的精细化运 | | | 营管理，以店效倍增项目为抓手，向经销商持续赋能，重点驱动 | | | 零售渠道的增长。前三季度，店效倍增项目分阶段稳步推进，经 | | | 销商试点门店店效实现显著提升，有效带动了公司经销零售收入 | | | 的增长。同时，公司在产品端积极发力，发布鸿蒙智选箭牌智能 | | | 花洒等产品，为后续发展奠定了基础。 ...

编号：2026-003 | 投资者关系活动类 | 分析师会议 √ 特定对象调研 □ | | --- | --- | | 别 | 媒体采访 业绩说明会 □ □ | | | □ 新闻发布会 □ 路演活动 | | | 现场参观 □ | | | 其他 （请文字说明其他活动内容） □ | | 活动参与人员 | 国泰海通证券 巫恺洋 万家基金 李黎亚 刘洋 李杨 王霄音 | | 时间 | 2026 年 2 月 5 日 | | 地点 | 箭牌总部大厦 | | 形式 | 线上电话会议 | | 公司接待人员 | 副总经理、董事会秘书 杨伟华 | | | 1、行业竞争情况以及公司经营策略调整情况 | | | 2025 年，公司紧密围绕市场变化，坚持以零售渠道建设为核 | | | 心，深耕零售渠道的精细化运营管理，以店效倍增项目为抓手， | | | 向经销商持续赋能，重点促进零售渠道的增长。前三季度，公司 | | | 分阶段推进店效倍增项目，经销商试点门店店效显著提升，有效 | | | 带动了公司经销零售收入的增长。同时，公司在产品端积极发力， | | | 发布了鸿蒙智选箭牌智能花洒、洁净大师 P50 智能马桶等产品， | | | ...

证券日报网2月4日讯，箭牌家居（001322）在接受调研者提问时表示，2025年，公司紧密围绕市场变 化，坚持以零售渠道建设为核心，深耕零售渠道的精细化运营管理，以店效倍增项目为抓手，向经销商 持续赋能，重点促进零售渠道的增长。前三季度，公司分阶段推进店效倍增项目，经销商试点门店店效 显著提升，有效带动了公司经销零售收入的增长。同时，公司在产品端积极发力，发布了鸿蒙智选箭牌 智能花洒、洁净大师P50智能马桶等产品，为后续发展奠定了基础。2026年，公司将继续推动店效倍增 项目由点及面，逐步覆盖更多门店，实现更大范围的推广与持续增效。同时，公司将把零售渠道的精细 化管理模式逐步复制到电商等其他渠道，带动各渠道的改善，从而推动全渠道的协同发展。公司将继续 强化产品与营销双轮驱动，持续打造旗舰产品，提升产品力，并通过优化产品销售结构带动毛利率提 升。2026年，公司将继续重点推进与鸿蒙智选的合作，通过此次合作，更将借助该平台的生态资源，提 升公司在新产品策划、研发及上市流程等方面的运营能力，同时加快相关渠道资源的开发与布局，为公 司未来在智能家居领域的拓展奠定基础。同时，公司将进一步夯实内部管理，持续推进内部管理变 ...

Group 1: Business Strategy and Development - In 2025, the company will focus on retail channel construction and refined operational management to enhance store efficiency, with significant improvements observed in pilot stores [1] - The company plans to expand the store efficiency enhancement project to cover more stores in 2026, promoting a broader range of improvements [1] - Continuous emphasis on product and marketing dual-drive strategy, aiming to enhance product strength and optimize collaboration with Hongmeng Smart Selection [1] Group 2: Market and Policy Impact - The implementation of national subsidy policies has effectively stimulated consumer potential in the home furnishing market, prompting the company to optimize its sales structure [2] - Despite the impact of national subsidy policies on operational strategies, the company will persist in refined management as a core driver for improving operational quality [2] Group 3: International Market Expansion - The company is advancing its international strategy while deepening its domestic market presence, increasing strategic investments in overseas markets [2] - Collaborations with local distributors and leveraging mainstream overseas e-commerce platforms have accelerated the establishment of sales networks [2] - Revenue from markets outside North America has shown significant growth, although overall overseas revenue has declined due to changes in the international economic environment [2]

Core Viewpoint - Arrow Home announced plans to launch new products, including the Harmony Smart Shower, in 2025 and will continue to focus on collaboration with Harmony Smart in 2026 to enhance internal operational capabilities in product planning, development, and market launch processes [1] Group 1 - The company will leverage the ecosystem resources of the Harmony Smart platform to improve its operational efficiency [1] - Arrow Home aims to accelerate the development and layout of relevant channel resources to establish a foundation for future expansion in the smart home sector [1]

证券简称： 箭牌家居 证券代码：001322 箭牌家居集团股份有限公司投资者关系活动记录表 编号：2026-001 | 投资者关系活动类 | √ 特定对象调研 □ 分析师会议 | | | --- | --- | --- | | 别 | □ 媒体采访 □ | 业绩说明会 | | | 新闻发布会 路演活动 □ □ | | | | □ 现场参观 | | | | □ 其他 （请文字说明其他活动内容） | | | 活动参与人员 | 永赢基金 蒋卫华、沈平虹、许拓、陈思远 长江证券 董超 | | | 时间 | 年 月 日 2026 1 27 | | | 地点 | 箭牌总部大厦 | | | 形式 | 现场会议 | | | 公司接待人员 | 副总经理、董事会秘书 杨伟华 | | | | 1、目前行业情况以及企业经营策略调整情况 | | | | 行业竞争依然存在，基于当前的市场情况，公司积极进行渠 | | | | 道变革以及内部管理变革。2025 年，公司坚持以零售渠道建设为 | | | | 核心，深耕零售渠道的精细化运营管理，以店效倍增项目为抓手， | | | | 向经销商持续赋能，重点促进零售渠道的增长。前三季度，公司 | ...

Group 1: Overseas Market Development - Arrow Home has been focusing on internationalization, increasing strategic investment in overseas markets, and establishing partnerships with local distributors to expand its sales network, resulting in significant revenue growth outside North America, although overall overseas revenue has declined due to changes in the international economic environment [2] - Yiduoli has been enhancing its overseas market presence, with product registrations completed in over 30 countries and regions, and plans to establish a subsidiary in Brazil to strengthen sales coverage in Latin America [3] - Companies like Boying Welding and Jereh have also reported significant progress in their international strategies, with Boying Welding investing in a production base in Vietnam and Jereh expanding its overseas business to over 70 countries [4] Group 2: New Year Development Plans - Wave Optoelectronics plans to focus on semiconductor and laser businesses, aiming for steady growth and expansion into new application areas while maintaining core competitiveness [5] - Arrow Home intends to enhance retail channel management and promote new products in collaboration with Hongmeng Smart Selection, aiming for broader coverage and efficiency in 2026 [5] - Changbao Co. expects to maintain a favorable market for boiler pipes and will focus on high-end product promotion and structural upgrades [7] Group 3: AI Development - Shenzhen Huaqiang emphasizes that AI is a core driver for growth in electronic components, with increasing demand in AI servers and data centers [8] - Zhongdian Port reported a significant increase in AI-related revenue, reaching 9.309 billion yuan in the first three quarters of 2025, reflecting a 78.3% year-on-year growth [9] - Companies like Hanwei Technology are actively integrating AI into their product offerings, developing multi-dimensional sensor systems for intelligent robotics [8][9]

Group 1 - The core viewpoint of the news is that Arrow Home Group is focusing on retail channel development and product upgrades as dual drivers for growth in 2025 and 2026 [1] - In 2025, the company significantly improved retail revenue through the "Store Efficiency Doubling Project," which will be expanded to more stores in 2026 [1] - The company plans to replicate its refined management model across various channels to promote coordinated development [1] Group 2 - The company is implementing a "Product + Marketing" dual strategy, having launched new products like the Hongmeng Smart Shower in 2025, which has improved gross margins [2] - In 2026, the company aims to deepen cooperation with Hongmeng Smart to enhance internal operations for new product planning, development, and launch [2] - The company has seen a decline in overseas revenue due to challenges in the North American market but has achieved significant growth in other international markets through various initiatives [2] Group 3 - The company has repurchased over 150 million yuan worth of shares as part of its stock incentive plan, aimed at aligning the interests of the core team with the company's long-term development [2]