美克系三企“打包”重整落槌，美克家居创始人家族或退场｜Quan sát Nội thất Tùy chỉnh ![Khảo sát tùy chỉnh](https://gdcha.org.cn/frontend/_nuxt/wardrobe-logo.BTjYpcuB.webp) [Trang chủ ](https://gdcha.org.cn/vi) [Tổng quan hiệp hội ](https://gdcha.org.cn/vi/about) [Album Ảnh Hiệp Hội](https://gdcha.org.cn/vi/albums) [Xây dựng Đảng](https://gdcha.org.cn/vi/party-building) [Đơn vị thành viên ](https://gdcha.org.cn/vi/members) [đơn vị ủy viên](https://gdcha.org.cn/vi/members?category=council-members) [Thương hiệu tùy chỉnh](https://gdcha.org.cn/vi/members?category=custom-brands) [Ván](https://gdcha.org.cn/vi/members?category=boards) [Kim khí＆Dao＆Đồ đựng](https://gdcha.org.cn/vi/members?category=hardware-tools-storage) [Thiết bị và Phần mềm](https://gdcha.org.cn/vi/members?category=equipment-software) [Vật liệu trang trí](https://gdcha.org.cn/vi/members?category=decorative-materials) [Tư vấn quy hoạch＆Thiết kế nội thất mềm＆Lắp đặt hậu cần](https://gdcha.org.cn/vi/members?category=consulting-design-logistics) [Ủy ban chuyên ngành chuỗi cung ứng hoàn chỉnh](https://gdcha.org.cn/vi/members?category=integrated-supply-chain-committee) [Ủy ban chuyên môn Truyền thông mới](https://gdcha.org.cn/vi/members?category=new-media-committee) [Ủy ban Chuyên môn Cải tạo Cũ](https://gdcha.org.cn/vi/members?category=renovation-committee) [Hiệp hội Doanh nghiệp Mạnh](https://gdcha.org.cn/vi/members?category=strong-commerce-committee) [Trung tâm thông tin ](https://gdcha.org.cn/vi/association-news/highlights) [Tin nổi bật](https://gdcha.org.cn/vi/association-news/highlights) [Thông báo công bố](https://gdcha.org.cn/vi/association-news/notices) [Kế hoạch hoạt động](https://gdcha.org.cn/vi/association-news/activity-plan) [Triển lãm & Tin tức](https://gdcha.org.cn/vi/association-news/exhibition-news) [Tin tức ngành](https://gdcha.org.cn/vi/association-news/industry-news) [Tiêu chuẩn chất lượng](https://gdcha.org.cn/vi/association-news/quality-standards) [Chính sách và quy định](https://gdcha.org.cn/vi/association-news/policies) [Economic Operation](https://gdcha.org.cn/vi/association-news/economic-operation) [Đổi mới ngành](https://gdcha.org.cn/vi/association-news/industry-innovation) [Thủ phủ Tùy chỉnh Toàn cầu](https://gdcha.org.cn/vi/association-news/global-custom-capital) [Mục cấp hai](https://gdcha.org.cn/vi/association-news/secondary-node) [Giao lưu quốc tế ](https://gdcha.org.cn/vi/international-exchange) [Triển lãm nước ngoài](https://gdcha.org.cn/vi/association-news/overseas-exhibitions) [Hội nghị ra khơi](https://gdcha.org.cn/vi/association-news/global-summit) [International Inspection](https://gdcha.org.cn/vi/association-news/study-tours) [Khảo sát tùy chỉnh ](https://gdcha.org.cn/vi/custom-observation) [Triển lãm Nội thất Theo yêu cầu Quảng Châu ](https://gdcha.org.cn/vi/expo) [Đăng ký hội viên ](https://gdcha.org.cn/vi/guide) [Liên hệ ](https://gdcha.org.cn/vi/contact) Trang chủ Tổng quan hiệp hội Đơn vị thành viên Trung tâm thông tin Giao lưu quốc tế Khảo sát tùy chỉnh Triển lãm Nội thất Theo yêu cầu Quảng Châu Đăng ký hội viên Liên hệ [Quay lại tin tức](https://gdcha.org.cn/vi/custom-observation/news) 2026-10-13 # 美克系三企“打包”重整落槌，美克家居创始人家族或退场 ![美克系三企“打包”重整落槌，美克家居创始人家族或退场](https://gdcha.org.cn/uploads/external_3e033e94801131de76efd965_2dd08b310a.jpg) **10月13日，美克家居公告，公司收到控股股东美克集团转发的《民事裁定书》，乌鲁木齐中院于10月9日裁定美克集团、美克顺捷、艾利特物业合并重整。**此前4月30日，法院已裁定受理对美克集团的重整申请。美克集团持有美克家居33.99%股份，且全部质押冻结。此次“打包”重整，意味着美克系债务化解进入实质阶段。 公告称，美克家居与控股股东在业务、人员、资产、机构、财务等方面保持独立，目前生产经营正常，事项未对日常经营产生重大影响。公司自身处于预重整阶段，4月29日完成预重整备案登记，7月与铜光互联产融联合体签署《重整投资协议》。债务端，公司累计完成约8.6亿元债务豁免，四批财务投资人拟投入约17.89亿元，产业投资人小磁投资牵头联合体拟投入约10.72亿元。 若公司重整计划及美克集团重整计划均获法院裁定批准并执行完毕，**小磁投资将取得重整后美克集团51%股权，并认购公司资本公积转增股份3.68亿股（占总股本12.72%），公司控股股东及实际控制人将发生变更，这意味着冯东明家族将让出对美克家居的控股权。**但公告提示，控股股东等三企能否重整成功、公司重整能否顺利推进均存不确定性；若法院受理公司重整申请，股票将被叠加退市风险警示，重整失败或将面临终止上市风险。 定制观察认为，昔日高端家居标杆美克家居，如今走到预重整关键节点，或面临司法重整风险，实属被动之下的无奈选择。从资本层面看，本次重整吸引产业投资人入局，或许很大程度上是看中上市公司平台价值与壳资源，而非单纯看好原有高端家居业务的盈利潜力。合并重整有助于一次性理顺集团复杂债务链条，为上市公司保壳创造基础条件，但重整草案表决、法院裁定仍充满变数。即便重整落地，品牌、渠道、主业盈利能力能否修复仍是巨大考验。家居行业市场竞争加剧背景下，这一场保壳之战，更多是资本层面的债务重组，昔日高端家居品牌的复兴之路依旧漫长。 本文由广东省定制家居协会战略合作媒体【定制观察】原创报道，不构成任何投资建议。 定制观察是博骏传媒旗下产经媒体，广东省定制家居协会战略合作媒体，广州定制家居展战略合作媒体。 图片部分来源网络，若有侵权请告知删除，谢谢！ ![图片](https://gdcha.org.cn/uploads/external_dab1c161a4fa7540065698a9_baebff6ffe.gif) ## Tin tức khác - [兔宝宝通报“网红毛毛姐环保风波”最终检测结论2026-10-12](https://gdcha.org.cn/vi/custom-observation/news/1111) - [欧派杀向上游，龙头亲自下场卖板！2026-10-10](https://gdcha.org.cn/vi/custom-observation/news/observation-news-item-69) - [一上市家居公司卖地“回血”，预计净赚3.4亿2026-10-09](https://gdcha.org.cn/vi/custom-observation/news/observation-news-item-17) - [重磅！爱格战略入股欧德雅，拿下 30% 股权补齐亚洲封边版图2026-10-08](https://gdcha.org.cn/vi/custom-observation/news/30) - [对话国际知名英国室内设计师凯丽·赫本CBE：TATACASA的出圈，不止于一场大师课2026-09-30](https://gdcha.org.cn/vi/custom-observation/news/cbe-tatacasa)