Meeting Overview - The third extraordinary general meeting of shareholders was held on December 29, 2025, with both on-site and online voting options available [3][4] - The meeting was convened by the company's board of directors and presided over by independent director Mr. Chen Jun [4] - A total of 140 shareholders and representatives attended, representing 695,256,373 shares, which is 87.2367% of the total shares [5] Voting Results - The proposal regarding the daily related party transaction agreement with SEB S.A. was approved with 28,448,269 votes in favor, accounting for 99.5583% of the votes [6] - The proposal to change the registered capital and amend the articles of association received 685,518,947 votes in favor, representing 98.5994% [9] - The proposal to amend the rules of procedure for shareholder meetings was approved with 695,137,873 votes in favor, which is 99.9830% [12] - The proposal to amend the rules of procedure for board meetings was approved with 695,136,073 votes in favor, accounting for 99.9827% [15] - The proposal to revise the independent director work system was approved with 681,989,434 votes in favor, representing 98.0918% [18] - The proposal to re-establish the external guarantee management system was approved with 685,175,661 votes in favor, accounting for 98.5501% [21] - The proposal to re-establish the external investment management system was approved with 685,168,961 votes in favor, representing 98.5491% [24] - The proposal to re-establish the related party transaction management system was approved with 685,168,961 votes in favor, accounting for 98.5491% [27] Legal Opinion - The legal opinion provided by Guohao Law Firm confirmed that the meeting's convening, attendance, and voting procedures complied with relevant laws and regulations, and the resolutions passed are valid [30]

浙江苏泊尔股份有限公司 证券代码：002032 证券简称：苏泊尔 公告编号：2025-077 浙江苏泊尔股份有限公司 减资公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、误导性陈述 或重大遗漏。 浙江苏泊尔股份有限公司（以下简称"公司"、"本公司"或"苏泊尔"）于 2025 年 10 月 23 日 召开的第八届董事会第十八次会议审议通过《关于对部分获授的限制性股票回购注销的议案》，公司 拟回购注销 2022 年限制性股票激励计划第二个考核期未达成 100%解除限售条件需进行回购注销的 限制性股票共计 173,787 股，该事项已经公司于 2025 年 11 月 10 日召开的 2025 年第二次临时股东 大会审议通过。此外，公司于 2025 年 12 月 29 日召开的 2025 年第三次临时股东大会审议通过《关 于变更注册资本并修订<公司章程>的议案》，公司拟进行因回购注销 173,787 股限制性股票导致的注 册资本的变更事宜。上述股份注销完成后，公司总股本将从 801,359,733 股减至 801,185,946 股，公 告信息详见刊登于 2025 年 10 月 24 日 ...

苏泊尔 2025 年第三次临时股东大会法律意见书 国浩律师（杭州）事务所 国浩律师（杭州）事务所 关于浙江苏泊尔股份有限公司 2025 年第三次临时股东大会之 法 律 意 见 书 致：浙江苏泊尔股份有限公司（"贵公司"） 国浩律师（杭州）事务所（以下简称"本所"）接受贵公司的委托，指派本所 律师出席贵公司于 2025 年 12 月 29 日在浙江省杭州市滨江区江晖路 1772 号苏泊 尔大厦 23 层会议室召开的 2025 年第三次临时股东大会（以下简称"本次股东大 会"），并依据《中华人民共和国公司法》（以下简称"《公司法》"）、《上市 公司股东会规则》（以下简称"《股东会规则》"）等法律、行政法规、规范性文 件及《浙江苏泊尔股份有限公司章程》（以下简称"《公司章程》"）的规定，出 具本法律意见书。 为出具本法律意见书，本所律师对贵公司本次股东大会所涉及的有关事项进 行了审查，查阅了本所律师认为出具本法律意见书所必须查阅的文件，并对有关 问题进行了必要的核查和验证。 贵公司已向本所承诺：贵公司向本所律师所提供的文件和所作陈述及说明是 完整的、真实的和有效的，有关原件及其上面的签字和印章是真实的，且一切足 以 ...

浙江苏泊尔股份有限公司 证券代码：002032 证券简称：苏泊尔 公告编号：2025-076 浙江苏泊尔股份有限公司 2025 年第三次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈 述或重大遗漏。 特别提示： 1、本次股东大会无新增、变更、否决提案的情况； 2、本次股东大会不涉及变更前次股东大会决议。 3、本次提交审议的议案进行投票表决时，关联股东回避了表决。 一、 会议召开情况 1、召开时间： 现场会议时间：2025 年 12 月 29 日下午 14:00 网络投票时间：2025 年 12 月 29 日 其中，通过深圳证券交易所交易系统进行网络投票的具体时间 2025 年 12 月 29 日上午 9:15-9:25，9:30-11:30，下午 1:00-3:00；通过深圳证券交易所互联网投票系统进行网络投票的具体 时间为 2025 年 12 月 29 日上午 9:15 至下午 3:00 期间的任意时间。 2、召开地点：浙江省杭州市滨江区江晖路 1772 号苏泊尔大厦 23 层会议室 3、召开方式：现场投票和网络投票相结合的方式 4、召集人：公司董事会 ...

Market Overview - The small home appliance sector experienced a decline of 1.04% on December 29, with Supor leading the drop [1] - The Shanghai Composite Index closed at 3965.28, up 0.04%, while the Shenzhen Component Index closed at 13537.1, down 0.49% [1] Stock Performance - Notable gainers in the small home appliance sector included: - Beiyikang: Closed at 37.40, up 2.80% with a trading volume of 34,000 shares and a turnover of 130 million yuan [1] - Jiuyang: Closed at 10.64, up 1.92% with a trading volume of 156,200 shares and a turnover of 167 million yuan [1] - Liren Technology: Closed at 30.44, up 1.10% with a trading volume of 13,600 shares and a turnover of 41.38 million yuan [1] - Supor, however, saw a significant decline, closing at 44.48, down 3.24% with a trading volume of 55,600 shares and a turnover of 250 million yuan [2] Capital Flow - The small home appliance sector experienced a net outflow of 20.17 million yuan from institutional investors, while retail investors saw a net outflow of 27.48 million yuan [2] - Conversely, speculative funds recorded a net inflow of 47.65 million yuan [2] Individual Stock Capital Flow - Key stocks with significant capital flow included: - Ecovacs: Net inflow of 27.24 million yuan from institutional investors, with a net outflow of 45.32 million yuan from retail investors [3] - Lek Electric: Net inflow of 25.88 million yuan from institutional investors, with a net outflow of 43.15 million yuan from retail investors [3] - Stone Technology: Net inflow of 22.51 million yuan from institutional investors, with a net outflow of 37.08 million yuan from retail investors [3]

Core Viewpoint - Supor's stock has experienced a decline of 10.68% this year, with a recent drop of 2.04% on December 29, 2025, indicating potential challenges in market performance and investor sentiment [1]. Financial Performance - For the period from January to September 2025, Supor achieved a revenue of 16.897 billion yuan, reflecting a year-on-year growth of 2.33%. However, the net profit attributable to shareholders decreased by 4.66% to 1.366 billion yuan [2]. - Cumulative cash dividends since Supor's A-share listing amount to 15.742 billion yuan, with 6.854 billion yuan distributed over the past three years [3]. Shareholder Information - As of September 30, 2025, the number of shareholders increased by 21.60% to 20,500, while the average circulating shares per person decreased by 17.76% to 38,960 shares [2]. - The second-largest circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 11.0622 million shares to 23.6939 million shares [3]. - Notable changes in holdings include an increase of 0.9552 million shares by Hong Kong Central Clearing Limited and an increase of 0.18616 million shares by Southern S&P China A-share Large Cap Dividend Low Volatility 50 ETF [3]. Market Activity - On December 29, 2025, Supor's stock price was reported at 45.03 yuan per share, with a trading volume of 76.6107 million yuan and a turnover rate of 0.21%. The total market capitalization stood at 36.085 billion yuan [1]. - The stock has seen a decline of 3.47% over the last five trading days, 8.99% over the last 20 days, and 7.10% over the last 60 days [1]. Business Overview - Supor, established on July 17, 1998, and listed on August 17, 2004, is located in Hangzhou, Zhejiang Province. The company specializes in cooking appliances, kitchen utensils, small kitchen appliances, and home electrical appliances [1]. - The revenue composition of Supor's main business includes cooking appliances (40.92%), cookware and utensils (27.56%), food processing appliances (16.96%), and other home appliances (14.56%) [1]. Industry Classification - Supor is classified under the Shenwan industry category of home appliances, specifically small kitchen appliances, and is part of several concept sectors including mid-cap, home appliances, margin trading, MSCI China, and heavily held by funds [1].

Group 1 - The small home appliance sector experienced a decline of 1.01% on December 18, with Ecovacs leading the drop [1][2] - The Shanghai Composite Index closed at 3876.37, up 0.16%, while the Shenzhen Component Index closed at 13053.98, down 1.29% [1] - Key stocks in the small home appliance sector showed varied performance, with Beiyikang rising by 5.73% to a closing price of 36.90, while Ecovacs fell by 3.33% to 77.82 [1][2] Group 2 - The small home appliance sector saw a net outflow of 40.67 million yuan from institutional investors, while retail investors had a net inflow of 8.83 million yuan [2][3] - Among individual stocks, Beiyikang had a significant net inflow of 21.36 million yuan from institutional investors, while Suo Boer experienced a net outflow of 0.51 million yuan [3] - The trading volume and turnover for key stocks varied, with Beiyikang achieving a turnover of 148 million yuan and Ecovacs recording a turnover of 426 million yuan [1][2]

Summary of Key Points from Conference Call Records Industry Overview - The conference call discusses the **large consumption sector**, highlighting the emergence of new consumer demands that drive growth in the sector through new products (personalized, green, low-carbon), new channels (snack chains, discount formats), and new business models (diverse consumption scenarios) supported by the "14th Five-Year Plan" [1][2]. Core Insights and Arguments - **Traditional Consumption Recovery**: The traditional consumption sector is expected to recover by 2026, driven by the release of residents' purchasing power and policy measures aimed at boosting employment and income stability. The food and beverage industry is stabilizing, with the liquor sector showing signs of fundamental stability and dairy products expected to recover quickly [1][5]. - **Commodity Market Trends**: The commodity market has shown a trend of high followed by low prices, with the government implementing various promotional policies to stimulate service consumption and domestic demand. The Ministry of Commerce has issued opinions to expand service consumption, aiming to enhance residents' quality of life and stimulate domestic demand potential [1][6][7]. - **Emerging Consumer Demands**: New consumer demands are impacting the large consumption sector through three main directions: the development of new products that meet diverse and personalized needs, the optimization of new channel structures, and the promotion of new business models that foster diverse consumption scenarios [2][4]. Important but Overlooked Content - **Social Services Sector Changes**: The social services sector is evolving to meet changing consumer demands, with slight increases in beauty care and retail sectors. Key areas of investment include outdoor sports, gold and jewelry, and cultural and trendy IPs, with recommendations for companies like Anta Sports and Lao Pu Gold [8][22]. - **Tourism Market Trends**: The tourism market is gradually recovering, with leading companies like Ctrip and Huazhu Group adapting through technological innovation and marketing to meet the new demands of both young and elderly consumers. China Duty Free's Hainan business has benefited significantly from new duty-free policies [9][10]. - **Food and Beverage Sector Stability**: The food and beverage sector is stabilizing, with the liquor market facing challenges but showing resilience in mass consumption. The snack sector is experiencing performance differentiation, while dairy product demand is steady and supply is gradually clearing [12][17]. - **Investment Opportunities in Agriculture**: The agriculture, forestry, animal husbandry, and fishery sectors present investment opportunities, particularly in pig farming and the pet industry, which is growing due to demographic changes and emotional needs [3][13][19]. - **Household Appliance Sector**: The household appliance industry is seeking structural highlights amid steady growth, with a focus on high-dividend white goods and improving profit margins in black goods. The market for robotic vacuum cleaners is also expected to grow due to technological advancements [20][21]. This summary encapsulates the key points discussed in the conference call, providing insights into the large consumption sector and its various components, along with potential investment opportunities and market trends.

证券日报网讯12月15日，苏泊尔（002032）在互动平台回答投资者提问时表示，公司炊具产品不同的品 类均涵盖不同价位段的产品供消费者选购。 ...

Group 1 - The article highlights the top 20 stocks in the S&P China A-Share Dividend Opportunity Index (CSPSADRP) based on their daily and year-to-date performance as of December 12, 2025 [1][4]. - The stock with the highest daily increase is Changbao Co., Ltd. (002478.SZ) with a daily rise of 10.04% and a year-to-date increase of 64.21% [1][4]. - Other notable performers include Jiufeng Energy (605090.SH) with a daily increase of 9.99% and a year-to-date increase of 38.54%, and Jianlin Home (603408.SH) with a daily increase of 9.98% and a year-to-date increase of 22.34% [1][4]. Group 2 - The dividend yields for the top stocks range from 1.43% to 7.67%, with Yongxin Co., Ltd. (002014.SZ) offering the highest yield at 7.67% [1][4]. - The data indicates that several companies, such as Tianshan Aluminum (002532.SZ) and De Ye Co., Ltd. (605117.SH), have shown significant year-to-date increases of 79.46% and 57.02%, respectively [1][4]. - The overall performance of the index reflects a diverse range of industries, including energy, home appliances, and aluminum production, showcasing potential investment opportunities [1][4].