深圳市美之高科技股份有限公司 审计报告及财务报表 二〇二四年度 信会师报字[2025]第 ZI10334 号 您可使用手机"扫一扫"或进入"注册会计师行业统一监管平台（hmt//sec mof env en /acc.mof.gov.cn） 进 于5 4 深圳市美之高科技股份有限公司 审计报告及财务报表 (2024 年 01 月 01 日至 2024 年 12 月 31 日止) | | 目录 | 页次 | | --- | --- | --- | | | 审计报告 | 1-6 | | | 财务报表 | | | | 合并资产负债表和母公司资产负债表 | 1-4 | | | 合并利润表和母公司利润表 | 5-6 | | | 合并现金流量表和母公司现金流量表 | 7-8 | | | 合并所有者权益变动表和母公司所有者权益变动表 | 9-12 | | | 财务报表附注 | 1-78 | | 11 | 事务所及注册会计师执业资质证明 | | 立信会计师事务所(特殊普通合伙) HINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTAN' 审计报告 信会师报字[2025]第 ZI10334 号 深 ...

Financial Performance - Operating revenue for Q1 2025 was CNY 115,130,652.36, a decrease of 13.94% year-on-year[9] - Net profit attributable to shareholders dropped by 98.48% to CNY 144,981.44, significantly impacted by reduced sales revenue[9] - Total operating revenue for Q1 2025 was ¥5,649,580.06, a decrease of 17.1% compared to ¥6,811,160.67 in Q1 2024[42] - Net profit for Q1 2025 was ¥785,259.70, down 59.1% from ¥1,924,805.99 in Q1 2024[42] - Operating profit for Q1 2025 was ¥1,197,654.78, a decline of 55.5% from ¥2,686,972.51 in Q1 2024[42] - Gross profit margin for Q1 2025 was approximately -1.08%, compared to a positive margin in Q1 2024, reflecting a challenging cost environment[39] - The company reported a total comprehensive income of ¥785,259.70 for Q1 2025, down from ¥1,924,805.99 in Q1 2024[43] Cash Flow - Cash flow from operating activities increased by 56.21% to CNY 9,996,925.19, mainly due to improved cash collection from customers[12] - The company reported a net cash flow from operating activities of ¥9,996,925.19 for Q1 2025, compared to ¥6,399,785.51 in Q1 2024, representing an increase of 56.5%[44] - The net cash flow from investment activities was 10,794,323.57 in the current period, compared to -324,222.07 in the previous period, indicating a significant improvement[45] - Cash inflow from financing activities totaled 20,000,000.00, down from 32,000,000.00 in the previous period, reflecting a decrease of approximately 37.5%[45] - The ending balance of cash and cash equivalents was 196,047,323.40, down from 253,946,005.42, representing a decrease of approximately 22.7%[45] - Operating cash flow generated a net amount of 178,160.95, a recovery from a negative cash flow of -730,920.63 in the previous period[47] Assets and Liabilities - Total assets decreased by 2.19% to CNY 452,896,979.34 compared to the end of the previous year[9] - The company reported a total asset value of 452,896,979.34 yuan as of March 31, 2025, compared to 463,031,366.20 yuan on December 31, 2024, indicating a decrease of approximately 2.45%[32] - The company's total liabilities amounted to 121,382,210.86 yuan as of March 31, 2025, down from 131,661,579.16 yuan at the end of 2024, reflecting a reduction of about 7.5%[33] - The company’s total equity was reported at 331,514,768.48 yuan as of March 31, 2025, slightly up from 331,369,787.04 yuan at the end of 2024[33] - The company has pledged assets totaling 15,316,422.26 yuan, which constitutes 3.38% of total assets, including cash deposits and fixed assets[28] Shareholder Information - The total number of unrestricted shares at the end of the period is 43,997,295, representing 63.20% of total shares[16] - The total number of restricted shares is 25,615,749, accounting for 36.80% of total shares[17] - The largest shareholder, Huang Huachao, holds 21,500,000 shares, which is 30.89% of total shares[18] - The second-largest shareholder, Cai Xiuying, owns 10,154,331 shares, representing 14.59% of total shares[18] - The total number of shareholders holding more than 5% of shares is 10, with a combined ownership of 54,590,054 shares, or 78.43%[19] - The company has no pledges or judicial freezes on shares held by shareholders with more than 5% ownership[20] Expenses - Sales expenses surged by 205.32% to CNY 18,146,401.35, driven by new business expansion and increased marketing costs[11] - Research and development expenses for Q1 2025 were CNY 3,074,674.30, compared to CNY 3,617,811.49 in Q1 2024, indicating a decrease of about 15%[39] - The company's operating expenses for Q1 2025 were ¥4,149,531.80, slightly reduced from ¥4,216,582.01 in Q1 2024[42] Borrowings - Long-term borrowings increased by 302.03% to CNY 23,780,000.00, primarily due to new bank loans[11] - The company’s short-term borrowings were reported at 18,021,809.45 yuan as of March 31, 2025, slightly down from 18,515,634.86 yuan at the end of 2024[32] Other Information - The company has received guarantees from its controlling shareholder, Huang Huachao, amounting to $20 million and $10 million for financing[24] - There are no significant legal disputes or external guarantees reported during the period[22] - The company has no overdue commitments and all commitments are being fulfilled as per the disclosed terms[26] - The company incurred a credit impairment loss of ¥-29.49 in Q1 2025, compared to ¥-1,034.46 in Q1 2024[42] - The fair value change income for Q1 2025 was ¥75,000.00, consistent with Q1 2024[42] - The impact of exchange rate changes on cash and cash equivalents was a positive 725,023.30, contributing to the overall cash position[45]

Financial Performance - The company's operating revenue for 2024 reached ¥542.25 million, representing a year-over-year increase of 27.46% compared to ¥425.42 million in 2023[28]. - The gross profit margin improved to 24.24% in 2024 from 23.98% in 2023[28]. - Net profit attributable to shareholders decreased by 7.14% to ¥19.18 million in 2024 from ¥20.65 million in 2023[28]. - The total assets increased by 3.68% to ¥463.03 million at the end of 2024, compared to ¥446.59 million at the end of 2023[30]. - Total liabilities rose by 15.40% to ¥131.66 million at the end of 2024, up from ¥114.09 million at the end of 2023[30]. - The company's cash flow from operating activities turned negative at -¥34.69 million in 2024, a decline of 210.12% from ¥31.50 million in 2023[30]. - The interest coverage ratio improved to 11.66 in 2024 from 6.66 in 2023[30]. - The company reported a basic earnings per share of ¥0.28 in 2024, down 6.67% from ¥0.30 in 2023[28]. - Non-recurring gains and losses totaled ¥3.04 million in 2024, compared to ¥2.31 million in 2023[35]. Market Expansion and Product Development - Meizhigao showcased its new "DIY light customization" concept at the Shenzhen International Furniture Fair in March 2024, indicating a focus on innovative product offerings[9]. - The company is expanding its market presence with a complete storage solution for commercial spaces, presented at the DMP Greater Bay Area Industrial Expo in November 2024[9]. - The company is focusing on the development of a new series of metal clothing racks, which is expected to enhance its product line and market impact in the C-end customer segment[91]. - The lightweight quick-install shelving project has completed its first phase and is identified as a key product line for the next five years, aiming to improve installation convenience and reduce costs compared to traditional shelving systems[91]. - The company has successfully launched a series of green and antibacterial storage products, aligning with global environmental trends and enhancing customer engagement[92]. - The company has developed a unique flat pipe series product that improves stability and safety in storage solutions, addressing common structural issues[92]. - The company is enhancing its product offerings through innovative design and market-oriented research, which is crucial for its C-end market strategy[92]. Intellectual Property and Certifications - The company obtained 13 new patent certificates in 2024, enhancing its intellectual property portfolio[8]. - Meizhigao's subsidiary, Shenzhen WoHua Global Co., Ltd., received ISO9001 and ISO14001 certifications in August 2024, reflecting its commitment to quality and environmental management[6]. - The total number of patents owned by the company increased from 53 to 65 during the reporting period[90]. Governance and Shareholder Information - Meizhigao's actual controller is Huang Huachao, with a group of associated individuals, ensuring stable governance[23]. - The company has engaged Lixin Certified Public Accountants for its audit, ensuring compliance and transparency in financial reporting[24]. - The company's financial report is backed by a standard unqualified audit opinion, affirming the accuracy of its financial statements[14]. - The total number of ordinary shares is 69,613,044, with 63.20% held by controlling shareholders[127]. - The largest shareholder, Huang Huachao, holds 21,500,000 shares, representing 30.89% of the total shares[128]. - The second-largest shareholder, Cai Xiuying, holds 10,154,331 shares, accounting for 14.59% of the total shares[128]. - The total shares held by the top ten shareholders amount to 55,259,469, which is 79.38% of the total shares[129]. - The company has implemented a transparent cash dividend policy that aligns with shareholder interests[143]. - The company has established a clear mechanism for protecting minority shareholders' rights in the profit distribution process[143]. Risk Management - The company faces a high customer concentration risk, with the top five clients accounting for 90.68% of total revenue, which poses a significant risk if any major client experiences operational difficulties[109]. - The cost of raw materials, which constitutes approximately 70% of the main business costs, poses a risk to the company's gross margin due to price fluctuations in steel and other materials[109]. - The company faces significant foreign exchange risk due to high foreign sales revenue and substantial foreign currency assets, which may lead to operational performance fluctuations[110]. - The company has a 13% export tax rebate rate for its main products, and any changes in this policy could directly increase operating costs and impact profitability[110]. Employee and Management Information - The total number of employees increased from 816 at the beginning of the period to 989 at the end, representing a growth of approximately 21.1%[154]. - The total compensation paid to directors, supervisors, and senior management amounted to 6.5328 million yuan during the reporting period[153]. - The company has implemented a comprehensive talent introduction strategy to enhance technical strength and market competitiveness[155]. - The number of production personnel increased from 595 to 743, reflecting a rise of 24.9%[154]. Audit and Compliance - The audit report issued by Lixin Accounting Firm confirmed that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2024[192]. - Key audit matters included the recognition of sales revenue and the provision for inventory impairment, both of which required significant management judgment[193]. - The company maintained effective internal controls related to sales and collections, which were tested during the audit[193]. - The audit firm executed confirmation procedures for major customers' receivables and sales amounts at the end of the reporting period[193].

美之高公告，2024年营业收入5.42亿元，同比增长27.46%。归属于上市公司股东的净利润1917.76万 元，同比下降7.14%。基本每股收益0.28元/股，同比下降6.67%。公司拟向全体股东每10股派发现金2.8 元(含税)，每10股转增3股。 ...

美之高(834765)今日涨停，全天换手率19.49%，成交额1.98亿元，振幅29.77%。龙虎榜数据显示，营业 部席位合计净买入1118.36万元。 北交所公开信息显示，当日该股因日涨跌幅达到29.97%上榜，营业部席位合计净买入1118.36万元。 具体来看，今日上榜营业部中，第一大买入营业部为甬兴证券有限公司宁波和源路证券营业部，买入金 额为768.09万元，第一大卖出营业部为平安证券股份有限公司深圳金田路证券营业部，卖出金额为 485.24万元。 近半年该股累计上榜龙虎榜9次，上榜次日股价平均涨3.21%，上榜后5日平均跌11.94%。（数据宝） 美之高4月10日交易公开信息 | 买/ 卖 | 会员营业部名称 | 买入金额（万元） | 卖出金额（万元） | | --- | --- | --- | --- | | 买一 | 甬兴证券有限公司宁波和源路证券营业部 | 768.09 | 0.00 | | 买二 | 上海证券有限责任公司宁波北仑新大路证券营业部 | 525.45 | 55.64 | | 买三 | 财信证券股份有限公司杭州长生路证券营业部 | 497.51 | 0.00 | | 买四 | 开源 ...

华创证券持续督导期为 2021 年 7 月 5 日至 2024 年 12 月 31 日，由于公司向 不特定合格投资者公开发行募集资金截止 2024 年 12 月 31 日未使用完毕，华创 证券将继续履行募集资金相关的持续督导职责。现汪文雨先生、卢长城先生因工 作变动，无法继续从事对公司的持续督导工作。为保障督导工作的连续性，华创 证券已委派程利先生、骆承先生（简历附后）接替汪文雨先生、卢长城先生担任 持续督导期间的保荐代表人，继续履行公司的持续督导职责。 本次变更不会影响华创证券对公司持续督导工作事项。本次变更之后，负责 公司持续督导工作的保荐代表人为程利先生和骆承先生。 公司董事会对汪文雨先生、卢长城先生在公司向不特定合格投资者公开发行 股票及持续督导期内所做的工作表示衷心感谢！ 特此公告。 深圳市美之高科技股份有限公司 证券代码：834765 证券简称：美之高 公告编号：2025-002 深圳市美之高科技股份有限公司 关于变更持续督导保荐代表人的公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连 带法律责任。 ...

Financial Performance - The company achieved operating revenue of ¥542,299,802.54, representing a year-on-year increase of 27.47%[3] - Total profit amounted to ¥29,189,162.94, reflecting a growth of 5.27% compared to the previous year[3] - Net profit attributable to shareholders was ¥21,009,452.82, up 1.73% year-on-year[3] - The net profit after deducting non-recurring gains and losses decreased by 2.08% to ¥18,692,836.34[3] - Earnings per share remained stable at ¥0.30, unchanged from the previous year[4] Assets and Equity - Total assets at the end of the reporting period reached ¥463,930,660.08, an increase of 3.88% from the beginning of the period[5] - Shareholders' equity attributable to the company was ¥333,201,682.48, showing a slight increase of 0.21%[5] - The company maintained a consistent share capital of ¥69,613,044.00 throughout the reporting period[5] Market Expansion and Investment - The company expanded its market presence and developed new customer channels, contributing to revenue growth[6] - The company invested significantly in cross-border e-commerce, which became an important revenue source during the reporting period[6]

| | 公告日期 异常期间 | 2024-12-20 | 无 | | | | --- | --- | --- | --- | --- | --- | | | 成交数量 美之高(834765) 连续竞价 （股） | | 6139857 | 成交金额（万 元） | 15900.98 | | | 当日收盘价涨幅达到20%的前5只股票 涉及事项 | | | | | | 买/卖 | 营业部或交易单元名称 | | | 买入金额（元） | 卖出金额（元） | | 买1 | 财通证券股份有限公司南京中山北路证券营业部 | | | 14194412.88 | 1386923.6 | | 买2 | 浙商证券股份有限公司天津分公司 | | | 5798803.33 | 0 | | 买3 | 国联证券股份有限公司无锡中山路证券营业部 | | | 4587939.46 | 58360 | | 买4 | 东方财富证券股份有限公司拉萨团结路第二证券营业部 | | | 3370004.6 | 3570257.24 | | 买5 | 中泰证券股份有限公司慈溪新城大道证券营业部 | | | 3094551.82 | 1461589 | | 卖1 ...

| | 公告日期 无 | 2024-12-20 | 异常期间 | | | | | --- | --- | --- | --- | --- | --- | --- | | | 美之高(834765) | 连续竞价 | 成交数量 （股） | 6139857 | 成交金额（万 元） | 15900.98 | | | 涉及事项 当日价格振幅达到30%的前5只股票 | | | | | | | 买/卖 | 营业部或交易单元名称 | | | | 买入金额（元） | 卖出金额（元） | | 买1 | 财通证券股份有限公司南京中山北路证券营业部 | | | | 14194412.88 | 1386923.6 | | 买2 | 浙商证券股份有限公司天津分公司 | | | | 5798803.33 | 0 | | 买3 | 国联证券股份有限公司无锡中山路证券营业部 | | | | 4587939.46 | 58360 | | 买4 | 东方财富证券股份有限公司拉萨团结路第二证券营业部 | | | | 3370004.6 | 3570257.24 | | 买5 | 中泰证券股份有限公司慈溪新城大道证券营业部 | | | | 3094 ...

| 日期 | 代码 | 简称 | 成交数量（股） | 成交金额（万元） | 披露原因 | | --- | --- | --- | --- | --- | --- | | 2024-12- | 834765 | 美之高 | 6139857 | 15900.98 | 当日收盘价涨幅达到29.98% | | 20 | | | | | | | 2024-12- 20 | 834765 | 美之高 | 6139857 | 15900.98 | 当日价格振幅达到32.76% | | 2024-12- | 837046 | 亿能电力 | 20037543.0 | 41226.06 | 当日换手率达到38.95% | | 20 | | | | | | | 2024-12- 20 | 920106 | 林泰新材 | 3840628 | 21960.02 | 当日换手率达到31.73% | | 2024-12- | 838227 | 美登科技 | 5177652 | 30860.05 | 当日换手率达到29.38% | | 20 | | | | | | | 2024-12- | 838262 | 太湖雪 | 6204895 | ...