Financial Performance - Operating revenue for Q1 2023 was ¥87,208,991.96, representing a significant increase of 72.01% year-over-year[10] - Net profit attributable to shareholders was ¥6,471,211.63, a slight increase of 0.22% compared to the same period last year[10] - The net cash flow from operating activities surged to ¥15,785,985.78, marking a remarkable increase of 445.81% year-over-year[10] - Total operating revenue for Q1 2023 reached ¥87,208,991.96, a significant increase from ¥50,698,949.77 in Q1 2022, representing a growth of approximately 72.2%[39] - Net profit for Q1 2023 was ¥6,404,605.67, slightly higher than ¥6,335,950.86 in Q1 2022, reflecting a growth of approximately 1.1%[40] - Operating profit for Q1 2023 was 9,441,339.04, a slight decrease of 1.5% compared to 9,584,612.28 in Q1 2022[44] - Net profit for Q1 2023 was 7,627,945.52, down 10.3% from 8,508,712.26 in Q1 2022[44] Assets and Liabilities - Total assets as of March 31, 2023, reached ¥447,328,279.01, an increase of 2.65% compared to the end of 2022[10] - Current assets totaled ¥382,878,197.54, up from ¥373,423,052.92, indicating an increase of about 2.4%[31] - Total liabilities rose to ¥143,730,973.96 from ¥139,579,672.62, marking an increase of about 3.3%[33] - Current liabilities increased to ¥121,992,205.63 from ¥116,990,848.30, reflecting a growth of approximately 4.3%[32] - The company's equity attributable to shareholders increased to ¥302,703,818.43 from ¥295,259,499.70, a rise of about 2.5%[33] - Long-term liabilities decreased slightly to ¥21,738,768.33 from ¥22,588,824.32, indicating a decline of approximately 3.8%[33] Cash Flow - Cash flow from operating activities for Q1 2023 was 15,785,985.78, significantly up from 2,892,207.95 in Q1 2022[46] - Investment activities resulted in a net cash outflow of 43,779,464.99 in Q1 2023, compared to an outflow of 3,437,918.18 in Q1 2022[47] - Cash inflow from financing activities amounted to $24.00 million, compared to $15.00 million in the prior year[49] - Net cash flow from financing activities decreased to -$2.32 million, down from $5.73 million year-over-year[49] Shareholder Information - The total number of unrestricted shares is 35,443,172, with 9,931,285 shares (28.02%) held by controlling shareholders and actual controllers, which decreased by 1,200,000 shares[19] - The total number of restricted shares is 25,511,887, representing 71.98% of the total shares, with an increase of 1,200,000 shares[19] - The largest shareholder, Suzhou Yingbao Investment Co., Ltd., holds 22,111,887 shares, accounting for 62.39% of the total shares[20] - The second-largest shareholder, Suzhou Hu Zhi Jin Investment Management Partnership, holds 3,000,000 shares, representing 8.46% of the total shares[20] - The total number of shareholders holding ordinary shares is 7,738[19] Expenses - Research and development expenses for Q1 2023 amounted to ¥3,943,053.47, compared to ¥3,598,987.40 in Q1 2022, indicating an increase of approximately 9.6%[40] - Sales expenses for Q1 2023 were ¥22,458,242.47, up from ¥14,233,317.93 in Q1 2022, reflecting an increase of about 58.0%[40] - Financial expenses increased to 998,895.39 in Q1 2023 from 792,358.38 in Q1 2022, reflecting a rise of 26.1%[44] Other Financial Information - The company reported a significant increase in long-term deferred expenses by 89.65%, primarily due to new store renovation costs related to marketing channel construction[12] - The total non-operating income from government subsidies amounted to ¥3,560,570.00, contributing positively to the financial results[14] - The company has not reported any litigation, arbitration, or external guarantees during the reporting period[24] - The company has fulfilled its previously disclosed commitments without significant changes[26] - The company has not experienced any significant events that would affect its operations or financial status during the reporting period[24]

本次业绩说明会将采用网络远程的方式，同时在全景网、价值在线平台及 中证网举行，投资者可登录全景网"投资者关系互动平台"(https://ir.p5w.net)、价 值在线（https://www.ir-online.cn/）及中证网（https://www.cs.com.cn）参与。 证券代码：838262 证券简称：太湖雪 公告编号：2023-068 苏州太湖雪丝绸股份有限公司 2022 年年度报告业绩说明会预告公告 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。 一、 说明会类型 苏州太湖雪丝绸股份有限公司（以下简称"太湖雪"或"公司"）于 2023 年 4 月 14 日在北京证券交易所信息披露平台（www.bse.cn）披露了《2022 年 年度报告》（公告编号：2023-052）及《2022 年年度报告摘要》（公告编号： 2023-051），为方便广大投资者更深入了解公司 2022 年年度经营业绩的具体 情况，加强与投资者的互动交流，公司拟召开 2022 年年度报告业绩说明会。 二、 说明会召开 ...

Financial Performance - The company's operating revenue for 2022 was ¥340,470,068.81, a decrease of 8.71% compared to ¥372,940,068.05 in 2021[27]. - The net profit attributable to shareholders for 2022 was ¥31,549,750.40, down 13.19% from ¥36,343,840.08 in 2021[27]. - The total assets increased by 47.80% to ¥435,799,264.91 in 2022, compared to ¥294,852,618.54 in 2021[29]. - The company's debt-to-asset ratio (consolidated) improved to 32.03% in 2022 from 39.44% in 2021[29]. - The net cash flow from operating activities was ¥50,189,913.65 in 2022, a significant increase of 568.53% from -¥10,712,233.65 in 2021[30]. - The gross profit margin for 2022 was 41.65%, slightly up from 41.14% in 2021[27]. - The basic earnings per share decreased by 16.33% to ¥1.1496 in 2022 from ¥1.3740 in 2021[27]. - The company reported a net profit of ¥24,267,862.97 after deducting non-recurring gains and losses, a decline of 20.78% from ¥30,631,716.89 in 2021[27]. - Total revenue for 2022 was approximately 339.04 million, a decrease from 371.09 million in 2021, representing a decline of about 8.65%[40]. - Net profit for 2022 was approximately 23.42 million, down from 24.95 million in 2021, indicating a decrease of about 6.09%[42]. Share Capital and Offerings - The company completed a public offering of 8,000,000 shares at a price of 15.00 RMB per share, increasing total share capital from 27,443,172 shares to 35,443,172 shares[21]. - The company has a registered capital of 35,443,172 RMB following the recent public offering[21]. - The company issued 8,000,000 shares on December 30, 2022, increasing the total share capital from 27,443,172 shares to 35,443,172 shares[23]. - The company's cash and cash equivalents increased by 273.71% year-over-year, reaching ¥173.52 million, primarily due to the public issuance of 8 million shares at ¥15 per share, raising a total of ¥120 million[97]. Risks and Challenges - The company reported significant risks including regional concentration in offline sales channels, which may adversely affect performance if external markets are not successfully developed[10]. - The company faces risks related to raw material price fluctuations, particularly in the silk industry, which could impact production costs[10]. - The company has a large inventory balance due to the nature of the silk home textile industry, which may lead to substantial inventory write-downs if product prices decline significantly[10]. - The company acknowledges potential risks from macroeconomic downturns and rising raw material prices that could impact business operations[164]. Sales Channels and Market Strategy - The company has established a dual-channel sales model, integrating online platforms such as Tmall and JD with offline direct sales and distributors[45]. - Online channel revenue for 2022 was approximately 161.79 million, accounting for 47.72% of total revenue, while offline channel revenue was about 177.25 million, making up 52.28%[40]. - The company is focusing on core markets such as Suzhou and Beijing for offline channel development, enhancing store operations and integrating new retail models[83]. - Online sales strategies have been strengthened, with a focus on platforms like Tmall and Douyin, aiming to increase market share in e-commerce[85]. - The company aims to increase the number of retail outlets in the Suzhou and Yangtze River Delta regions to approximately 100 over the next three years[155]. Research and Development - The company has established partnerships with universities for R&D, enhancing its technological advancement and innovation capabilities[50]. - The company added 18 utility model patents and 97 copyrights in 2022, with a total of 3 invention patents and 80 utility model patents as of December 31, 2022[70]. - Research and development expenses increased by 8.07% to CNY 15,480,463.21, representing 4.55% of operating revenue[98]. - The number of R&D personnel increased from 47 to 51, maintaining a stable proportion of 10.28% of total employees[133]. Corporate Governance and Compliance - The company has not engaged in any external guarantees or loans during the reporting period[172]. - The company reported no significant litigation or arbitration matters during the reporting period[173]. - The company is currently fulfilling its commitments regarding competition and related party transactions, with ongoing compliance[174]. - The company has established a plan to stabilize its stock price for three years following its public offering on the Beijing Stock Exchange[175]. Social Responsibility - The company donated a total of 430,608.67 RMB to various charitable foundations in 2022, demonstrating its commitment to social responsibility[145]. - The company has built nearly 500 acres of modernized sericulture demonstration bases, promoting the upgrade of the silk industry and helping local farmers increase their income[143]. Product Development and Innovation - The company focuses on enhancing supplier collaboration to improve procurement efficiency, aiming to meet production demands through rapid response and flexible delivery[61]. - The company emphasizes product innovation, including silk bedding and home textiles, with a focus on seasonal temperature regulation and cultural aesthetics[70]. - The multifunctional easy-care silk quilt project has been completed, allowing for the integration of multiple functions based on user needs, enhancing efficiency in storage and cleaning[136]. - The high elastic antibacterial silk cotton sheet preparation technology is in the pilot stage, with expected compression rates exceeding 45% and recovery rates over 95%, indicating excellent economic and social benefits[136].

Financial Performance - Total revenue for 2022 was CNY 342,022,809.88, a decrease of 8.29% compared to the previous year[3] - Net profit attributable to shareholders was CNY 32,421,026.10, down 10.79% year-on-year[3] - Net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 25,139,138.58, a decrease of 17.93%[3] - Basic earnings per share decreased to CNY 1.153, down 16.08% from the previous year[3] Assets and Equity - Total assets at the end of the reporting period were CNY 471,874,099.79, an increase of 60.04% year-on-year[4] - Shareholders' equity attributable to the company was CNY 296,110,112.97, up 67.09% compared to the beginning of the period[4] Expenses and Impact - The company confirmed share-based payment expenses of CNY 7,038,576.30, impacting net profit[7] Market Strategy - The company experienced revenue growth in the second half of 2022 despite challenges from COVID-19[5] - The company aims to stabilize existing customer bases while actively expanding new customers through multi-channel development[6] Cautionary Notes - The financial data presented is preliminary and has not been audited, cautioning investors about potential risks[8]