March 13, 2023, Xilinmen Furniture Co., Ltd. issued an announcement regarding the equity increase plan of certain of its distributors.

Some of the company's distributors are planning to invest with their own funds or self-raised funds, not less thanThe company has increased its shareholding in the company by 80 million yuan.

The ceiling for the increase is not to exceed120 million yuan.

This increase is not subject to a price range. The增持 plan manager will independently determine the timing and pricing of purchases based on a reasonable assessment of the company's stock value and the volatility of the secondary market, and will gradually implement the增持 plan.

Due to the pending establishment and filing of the relevant fund, the setting up of the定向 asset management plan, and the procedures for the trust's formation, the implementation period is from the date of this announcement disclosure. 12 months.

The purpose of increasing shareholding: In light of confidence in the company's continued stable development and recognition of its investment value, certain of the company's dealers plan to increase their holdings of Hailinmen stock in the secondary market. This aims to share in the company's growth achievements and fully integrate the long-term development of the company with the interests of the dealers.

The stock trend of the company indicates that last year...On October 31st, the company's stock closed at 22.07 yuan, hitting a low, with its market value dropping to 8.5 billion yuan.

This yearOn February 23rd, the stock price surged to 37.10 yuan, with a market value reaching 14.4 billion yuan.

Stock prices and market value saw significant increases.68%。

From a longer historical perspective, Xilinmen's stock price is not at a low point. Dealers may be focusing on the promising future prospects for the sale of soft furniture, leading them to judge that the current stock price is undervalued and has room for future appreciation.

Please provide the Chinese content to be translated.After reaching 68%, the company's stock price has now entered a downward trend, following the general pattern of the stock market. Whether it can see a breakthrough increase again hinges on whether the company has strong earnings support in the future. The new highlight is the expected high net profit growth rate for 2022, to be announced by the end of April.