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Express News | 29 companies disclosed the progress of repurchases, with shanghai zhezhong group, changshu fengfan power equipment, chen ke ming food manufacturing having the highest repurchase proposal amounts.
Xilinmen furniture (603008.SH): has repurchased 1.18% of the shares accumulated.
Xilinmen furniture (603008.SH) announced that as of November 12, 2024, the company has repurchased a total of 4,472,000 shares through centralized auction trading, accounting for 1.18% of the total share capital, an increase of 0.39% compared to the last disclosed number. The highest fill price was 20.60 yuan/share, the lowest fill price was 14.83 yuan/share, and the total amount paid was RMB 79.9814 million (excluding transaction costs).
xilinmen furniture (603008.SH): The community channel plan is rapidly expanding in the franchisee system.
November 7th, xilinmen furniture (603008.SH) stated at the performance briefing that there are two obvious changes in the company's offline channel deployment and expansion this year: 1. Focusing on improving the quality of store operation. In the third quarter, there were new expansions in the net sleep, FASHIONMAN, and Dream series stores, with more than 90 new stores added. At the same time, efforts are being made to adjust stores, such as eliminating inferior ones, retaining superior ones, transforming store conditions, and diverting to home decoration distribution points, stabilizing the store base. 2. Emphasis on channel resource renewal towards stock updating. The community channel plan is rapidly expanding in the franchise system, community stores are building a business model, and the company has already established operations in shanghai, Nam Cheong, Chengdu, and Shenyang.
Is the home consumer market expected to warm up? Xilinmen responded to the impact of the old-for-new policy | Directly hit the earnings conference
①Since October, the old-for-new policy has gradually expanded to home furnishings; ②It is mentioned that the coverage and subsidy intensity of the policy have both significantly increased; ③No positive response was given as to whether there was a significant recovery in sales compared to October; ④Increase the price range of singles' day sales items and increase the proportion of package orders.
Xilinmen furniture (603008): The proposed additional issuance of stocks breaks through production capacity restrictions and demonstrates development confidence.
Investment Highlights: Company's operation in 2024Q3: In the first three quarters of 2024, the company achieved revenue of 5.976 billion yuan, a decrease of 1.53% year-on-year; achieved net income attributable to the parent company of 0.375 billion yuan, a decrease of 3.88% year-on-year.
Tmall's november 11 shopping festival-related, unexpected outbreak of home appliances.
From platforms to enterprises, and then to the policy level, this year's singles' day sales is considered a very important topic to promote consumer spending and maintain growth. As a result, this year's singles' day sales has been quite significant for several years. For consumers, there are now more reasons to reignite their enthusiasm for consumption.
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