香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性 或完整性亦不發表任何聲明，並明確表示，概不就因本公告全部或任何部分內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Shenzhen Pagoda Industrial (Group) Corporation Limited 深 圳 百 果 園 實 業（ 集 團 ）股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2411） 截至二零二三年六月三十日止六個月 中期業績公告 財務摘要 | --- | --- | --- | --- | |----------------------------------------------|------------------------|------------|----------| | | | | | | | | | | | 下表載列本集團於所示期間的若干關鍵財務資料。 | | | | | | | | | | | 截至六月三十日止六個月 | | | | | 二零二三年 | 二零二二年 | 同比變動 | | | 人民幣千元 | 人民幣千元 | % ...

Company Performance - In 2022, the company achieved steady growth in all performance indicators despite challenges from the pandemic and complex macroeconomic conditions[28]. - For the year ended December 31, 2022, the Group achieved revenue of RMB11,312.0 million, representing an increase of approximately 9.9% over the same period in 2021[30]. - Gross profit for the same period was RMB1,314.3 million, reflecting a 13.6% increase compared to 2021[30]. - Profit attributable to owners of the Company was RMB323.3 million, marking a significant increase of approximately 40.4% year-on-year[30]. - The Group's net cash flow from operating activities increased from RMB283.9 million in 2021 to RMB589.2 million in 2022[30]. - The Group's total revenue increased by approximately 9.9% from RMB 10,289.4 million in 2021 to RMB 11,311.995 million in 2022[94]. - The Group's net profit increased by approximately 38.3% from RMB221.4 million for the year ended December 31, 2021, to RMB306.1 million for the year ended December 31, 2022[124]. - The net profit margin increased from 2.2% for the year ended December 31, 2021, to 2.7% for the year ended December 31, 2022[124]. Business Strategy - The company focuses on a "delicious" business strategy, emphasizing two carriages (channel brands and product brands) and three pillars (IT, capital empowerment, and agricultural technology) for development[28]. - The company aims to become the world's largest fruit company in terms of sales volume, service population size, and number of fruit product brands[10]. - The Group plans to strengthen its "delicious" strategy and expand its distribution network and channel brands in 2023 to enhance market competitiveness[40]. - The Group's mission is to allow more people to enjoy delicious and affordable fruits while promoting fruit knowledge and culture[48]. - The Group plans to continue its business model of offering specialty offline and variety online, focusing on fruit and fruit products offline while expanding fresh grocery products online[70]. Retail Network and Distribution - The company has built a nationwide community-based fruit specialty retail network with OMO and store-as-warehouse features, enhancing flexibility in purchase and delivery options[6]. - The offline store network expanded by 401 stores to a total of 5,650 stores across over 140 cities in 22 provinces and municipalities in China by the end of 2022[32]. - The Group's offline retail stores are strategically located within a 15-minute walk from target consumers, enhancing convenience and personalized service[59]. - The Group's offline stores operate with an efficient store-as-warehouse feature, enabling in-store pickup and home delivery services[60]. - The cumulative number of members across all distribution channels exceeded 74 million, with over 967 thousand paying members[32]. Financial Performance - The Group's revenue from direct sales of fruits and other food products increased by approximately 38.5% from RMB522.8 million in 2021 to RMB723.8 million in 2022[64]. - Revenue from sales of fruits and other food products accounted for 97.1% of total revenue in both 2021 and 2022, amounting to RMB10,981.764 million in 2022[94]. - The number of retail stores increased by 7.6% from 5,249 stores in 2021 to 5,650 stores in 2022, contributing to an 8.9% increase in revenue from franchised stores[97]. - Cost of sales increased by approximately 9.5% from RMB9,132.9 million in 2021 to RMB9,997.7 million in 2022[100]. - Other income rose by approximately 18.1% from RMB34.6 million in 2021 to RMB40.8 million in 2022, primarily due to an increase in government grants[104]. Operational Efficiency - The Group's average monthly repeat purchase rate of self-branded fruits was approximately 50% higher than that of Grade B fruits in 2022[35]. - The Group's purchases from technology-empowered suppliers accounted for 35% of total fruit purchases in 2022, a 5% increase from 2021[36]. - The Group continues to enhance its supplier trading platform for real-time inventory and sales data synchronization, aiming for better quality control and loss rate monitoring[89]. - The average trade receivables turnover days improved from 43.4 days in 2021 to 36.7 days in 2022 due to proactive payment collection[158]. - The average inventory turnover days slightly increased from 10.1 days in 2021 to 10.7 days in 2022[158]. Technology and Innovation - The Group aims to accelerate the digitalization of its operations and industry chain through IT investments and empowerment[41]. - The Group is upgrading its digitalized intelligent warehousing and logistics system to minimize common warehousing and logistics mistakes[73]. - Research and development expenses rose to RMB 172.980 million in 2022 from RMB 139.742 million in 2021, highlighting the Group's commitment to innovation[91]. - The Group plans to enhance agricultural technology services and incubate more self-branded products, including establishing specialized processing factories near core product origins[82]. Governance and Management - The independent non-executive directors play a crucial role in providing independent advice on the operation and management of the company[185]. - The educational and professional backgrounds of the directors suggest a strong foundation in economics, law, and business management, enhancing the company's governance[188]. - Mr. Zhu Qidong, aged 48, is the executive Director and deputy general manager, responsible for procurement, wholesale, and sales[174]. - Mr. Pan Pan, aged 43, is a non-executive Director providing strategic advice on the operation and management of the Group[178]. - Dr. Wu has been a professor at Jinan University since July 2006, contributing to academic and professional development in accounting[196].

[0 -> 25] 各位現場和線上參加的投資者朋友大家早上好那歡迎各位出席深圳白果園實業集團股份有限公司2022年年度業績發布會我是綜合財經的索菲 歡迎各位那今天的會議呢是透過我們現場和線上同步直播進行的首先為各位介紹一下今天的出席的管理層創始人及董事長余慧永先生歡迎余董 [28 -> 44] 常務副總經理及執行董事焦躍先生財務總監及副總經理賴顯揚先生以及董事長助理及高級投融資總監善逸康先生 [47 -> 76] 那我們今天的這個業績發布會呢分為兩個環節第一個環節呢我們會有請管理層簡要的介紹一下公司在2022年取得的一個成績然後是我們的問答部分那現在我們就請董事長余慧永先生致歡迎詞有請余總好各位上人好首先呢感謝各位親身到場出席以及各通過網絡餐會的投資者對白骨園的關注 [77 -> 104] 2022年對所有的經營者都是一個巨大的挑戰絕大多數零售公司呢業績是下滑甚至是巨虧的但是白果園實現了門店數銷售額毛利率淨利率淨利潤的逆勢增長為什麼 [108 -> 134] 首先我们从事了一个非常好的行业果业是一个健康产业水果是不需要教育的健康食品在饮食结构中的比例在自然增长前面10年的数据已经说明了其次水果是一类天然食品不 ...

Financial Performance - The company's revenue for the year ended December 31, 2022, was RMB 11,311,995 thousand, representing a 9.9% increase from RMB 10,289,375 thousand in 2021[2] - Gross profit for the same period was RMB 1,314,286 thousand, up 13.6% from RMB 1,156,436 thousand in the previous year[2] - Profit attributable to owners of the company increased by 40.4% to RMB 323,297 thousand, compared to RMB 230,345 thousand in 2021[2] - Retail sales for the year amounted to RMB 14,580,673 thousand, compared to RMB 13,664,959 thousand in 2021[5] - The company's total revenue increased by approximately 9.9% from RMB 10,289.4 million in 2021 to RMB 11,311.995 million in 2022[26] - The total profit for the year ended December 31, 2022, was RMB 306,137 thousand, compared to RMB 221,363 thousand in the previous year, marking a significant increase of around 38.3%[73] - Net profit rose by approximately 38.3% from RMB 221.4 million in 2021 to RMB 306.1 million in 2022, with a net profit margin increasing from 2.2% to 2.7%[42] - Adjusted net profit for 2022 was RMB 338.4 million, compared to RMB 250.9 million in 2021, with an adjusted net profit margin of 3.0%[44] Retail Expansion - The total number of retail stores reached 5,650 as of December 31, 2022, an increase from 5,249 in 2021[4] - The company plans to continue expanding its retail network across more than 140 cities in over 22 provinces and municipalities in China[9] - As of December 31, 2022, the total number of stores reached 5,650, with 4,577 franchise stores and 1,054 other stores, showing a growth from 5,249 total stores in 2021[10] - The number of retail stores increased by 7.6% from 5,249 in 2021 to 5,650 in 2022, contributing to an 8.9% increase in sales revenue from franchise stores[29] Membership and Customer Engagement - Membership numbers grew to 74,029 thousand, up from 64,449 thousand in the previous year, with paying members increasing to 967 thousand from 724 thousand[5] - The total membership across all distribution channels exceeded 74 million, with over 967,000 paid members and 54 million users of the WeChat mini-program[14] - Approximately 27.2% of orders in 2022 were placed through various online channels, with a total of about 10.6 million WeChat followers and 1.8 million Douyin followers[13] Product and Brand Development - The company operates a multi-brand strategy with 5,650 retail stores, of which 5,533 are under the "Baiguoyuan" brand and 110 under the "Guoduomei" brand[15] - As of December 31, 2022, the company launched 31 exclusive signature and A-level self-owned product brands in China, with signature and A-level fruit sales accounting for approximately 70% of total retail sales in its stores[16] - Retail sales of self-owned brand fruits increased by approximately 36% in 2022, representing about 11% of total retail sales in the company's stores, up from 8% in 2021[16] - The retail sales of the company's star product, Liangzhi apples, reached approximately RMB 58 million in 2022, a growth of about 56% compared to 2021, with retail prices being twice that of B-level apples[16] Operational Efficiency and Logistics - The company has established a national warehousing network with 29 warehouses and over 194,700 square meters of total construction area, serving as initial processing and distribution centers[17] - The company has implemented a digital smart warehousing logistics system upgrade to reduce common warehousing and logistics errors, enhancing operational efficiency[17] - The company continues to optimize its OMO (Online-Merge-Offline) operational model, enhancing consumer experience through integrated online and offline services[12] Financial Position and Investments - As of December 31, 2022, the company's net asset value was RMB 3,019.5 million, up from RMB 2,713.0 million in 2021[46] - The group had total non-current bank borrowings of RMB 103.8 million and short-term bank borrowings of RMB 1,231.2 million as of December 31, 2022[50] - The group plans to use the proceeds from the global offering for capital expenditures as disclosed in the prospectus[49] - The company completed a global offering and listing in Q1 2023, raising approximately HKD 474.0 million, which will primarily fund its expansion and operations[45] Research and Development - R&D expenses grew by approximately 23.8% from RMB 139.7 million in 2021 to RMB 173.0 million in 2022, mainly due to increased average salaries for R&D personnel[36] - The company aims to strengthen its core competitive advantage in quality products by increasing its presence in the upstream fruit planting sector and developing more self-owned quality product brands in 2023[20] Dividend and Shareholder Information - The board proposed a final dividend of RMB 0.076 per share, totaling approximately RMB 120.7 million for the year[6] - The company proposed a final dividend of RMB 0.076 per share, totaling approximately RMB 120,729,000, subject to shareholder approval[85] Market and Economic Conditions - The company reported a significant increase in revenue from the mainland China market, reaching RMB 11,157,622 thousand for the year ended December 31, 2022, compared to RMB 10,138,716 thousand in the previous year, representing a growth of about 10%[73] - The company has identified new strategies for market expansion and product development, focusing on enhancing its franchise and retail networks[71]