Financial Performance - For the six months ended June 30, 2024, the company recorded revenue of approximately RMB 1,397.11 million, an increase of approximately RMB 91.40 million or 7.00% compared to RMB 1,305.71 million in the same period of 2023[9]. - Profit attributable to ordinary equity holders was approximately RMB 235.28 million, an increase of approximately RMB 30.04 million or 14.64% from RMB 205.24 million in the same period of 2023[9]. - Basic earnings per share for the period were RMB 1.01, compared to RMB 0.86 in the same period of 2023[9]. - The group reported a revenue of approximately RMB 1,397.11 million for the reporting period, an increase of RMB 91.40 million or 7.00% compared to RMB 1,305.71 million in the same period of 2023[38]. - Total comprehensive income for the six months ended June 30, 2024, was RMB 196,737,000, a decrease of 21.2% from RMB 249,563,000 in the same period of 2023[57]. - The profit attributable to equity holders of the parent company increased to RMB 235,283,000, up 14.6% from RMB 205,235,000 year-on-year[57]. - The group’s profit before tax for the six months ended June 30, 2024, was RMB 235,283,000, compared to RMB 205,235,000 for the same period in 2023, representing an increase of approximately 14.6%[84]. Revenue Breakdown - Revenue from the medical beauty and wound care product line was RMB 631.82 million, accounting for 45.22% of total revenue, with a year-on-year growth of 25.53%[11]. - Revenue from ophthalmic products was RMB 449.66 million, accounting for 32.18% of total revenue, showing a decline of 6.15% year-on-year[11]. - Revenue from orthopedic products was RMB 231.82 million, accounting for 16.59% of total revenue, with a slight increase of 0.28% year-on-year[11]. - Revenue from anti-adhesion and hemostatic products was RMB 68.87 million, accounting for 4.93% of total revenue, with a decline of 2.55% year-on-year[11]. - Revenue from the mainland China market was RMB 1,179,576 thousand, an increase of 11.3% from RMB 1,059,733 thousand in the previous year[71]. Research and Development - Research and development expenses for the period were approximately RMB 125.40 million, up by approximately RMB 24.01 million or 23.68% year-on-year, representing 8.98% of total revenue compared to 7.77% in 2023[9]. - The clinical trials for several key R&D projects progressed smoothly during the reporting period, including new high-oxygen contact lens products[12]. - The company continues to focus on the production and sales of bioproducts, medical-grade hyaluronic acid, and artificial lenses, with ongoing R&D in biotechnology and pharmaceuticals[70]. - Research and development costs increased to RMB 125,400,000 for the six months ended June 30, 2024, from RMB 101,391,000 in the same period of 2023, reflecting a growth of about 23.7%[78]. Dividends and Shareholder Returns - The board proposed an interim dividend of RMB 0.40 per share (tax included) for the six months ended June 30, 2024, compared to no dividend in the same period of 2023[9]. - The company proposed an interim dividend of RMB 0.40 per ordinary share, totaling RMB 93,192,000, compared to no dividend for the same period in 2023[82]. Market Position and Growth - The market share of the epidermal growth factor product "Kanghesu" was 26.91% in 2023, maintaining the second position in the domestic market[13]. - The company plans to expand the application of its epidermal growth factor product to multiple departments beyond traditional uses, enhancing its market reach[18]. - The Chinese medical aesthetics market is expected to grow by approximately 10% in 2024, with a compound annual growth rate of 10-15% over the next four years[17]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by the end of 2025[154]. Cash Flow and Financial Position - Operating cash flow for the six months ended June 30, 2024, was RMB 380,712,000, an increase of 17.1% from RMB 325,038,000 in the same period of 2023[64]. - Cash and cash equivalents as of June 30, 2024, were approximately RMB 924.21 million, an increase of RMB 354.89 million from approximately RMB 569.32 million as of December 31, 2023[51]. - Total current assets as of June 30, 2024, were approximately RMB 3,720.36 million, a decrease of RMB 29.78 million or 0.79% from December 31, 2023[44]. - Total liabilities as of June 30, 2024, were approximately RMB 1,186.37 million, with a debt-to-asset ratio of 16.38%, an increase of 1.07 percentage points from 15.31% as of December 31, 2023[50]. Acquisitions and Investments - The company acquired 51% of Shanghai Shenhao Mijian Technology Development Co., Ltd. for a total consideration of RMB 36.2885 million, completed in June 2024[28]. - The cash outflow from investing activities related to the acquisition of Shenhao Mijian was RMB 16,009,000 after accounting for cash acquired[106]. Corporate Governance and Compliance - The interim financial report was approved by the board on August 16, 2024, and published on the Hong Kong Stock Exchange website[123]. - The company has complied with all applicable code provisions under the Corporate Governance Code during the reporting period[146]. - There were no significant legal proceedings or arbitrations involving the company during the reporting period[150]. Employee Compensation and Incentives - Employee compensation for the reporting period totaled approximately RMB 337.30 million, an increase of RMB 21.77 million from approximately RMB 315.53 million in the same period of 2023[46]. - The company has granted a total of 1,800,000 restricted shares under the 2021 A-share incentive plan, with the first vesting period completed[137]. - Total remuneration for key management personnel amounted to RMB 4,447,000 for the six months ended June 30, 2024, compared to RMB 3,471,000 for the same period in 2023, representing an increase of 28.1%[111].

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，概不對因本公告全部或任何部份內容而產生或因依 賴該等內容而引致的任何損失承擔任何責任。 Shanghai Haohai Biological Technology Co., Ltd.* 上海昊海生物科技股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：6826） 截至2024年6月30日止六個月期間之中期業績公告 截至2024年6月30日止六個月期間之中期業績摘要 • 報告期內，本集團共錄得營業收入約人民幣1,397.11百萬元（2023年同期：約 人民幣1,305.71百萬元），較2023年同期增加約人民幣91.40百萬元，增幅約 為7.00%。 • 報告期內，本集團研發開支約人民幣125.40百萬元，較2023年同期增加約人 民幣24.01百萬元，增幅約為23.68%，本集團研發開支佔收入比重為8.98% （2023年同期：7.77%）。 • 報告期內，本公司普通股權益持有人應佔利潤約為人民幣235.28百萬元（2023 年同期：約人民幣205.24百萬元），較20 ...

2024 年半年度报告 公司代码：688366 公司简称：昊海生科 上海昊海生物科技股份有限公司 2024 年半年度报告 1 / 188 2024 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 重大风险提示 敬请参阅本报告"第三节 管理层讨论与分析"之"五、风险因素"相关内容。 三、 公司全体董事出席董事会会议。 四、 本半年度报告未经审计。 五、 公司负责人侯永泰、主管会计工作负责人唐敏捷及会计机构负责人（会计主管人员）卞亦平 声明：保证半年度报告中财务报告的真实、准确、完整。 六、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 公司拟以实施权益分派股权登记日登记的总股本扣除公司回购专用证券账户中股份为基数， 向全体股东每10股派发现金红利人民币4.00元（含税）。截至本报告披露日，公司总股本235,489,895 股，扣除回购专用证券账户中股份数2,509,574股（其中包括2,015,674股A股股份，493,900股H股 股份），以此计算合计 ...

Financial Performance - The company's operating revenue for Q1 2024 was approximately RMB 645.99 million, representing a year-on-year increase of 5.68%[3] - Net profit attributable to shareholders for the same period was approximately RMB 97.54 million, reflecting a growth of 20.16% compared to the previous year[3] - The basic earnings per share for Q1 2024 was RMB 0.58, which is an increase of 23.40% year-on-year[3] - Net profit for Q1 2024 was RMB 92,488,777.12, up 9.0% from RMB 84,951,683.69 in Q1 2023[18] - Operating profit for Q1 2024 was RMB 114,427,839.61, slightly up from RMB 111,265,909.95 in Q1 2023[17] Research and Development - Research and development expenses totaled approximately RMB 64.90 million, accounting for 10.05% of operating revenue, which is an increase of 1.28 percentage points from the previous year[3] - Research and development expenses increased to RMB 64,900,123.30 in Q1 2024, representing a 21.1% rise from RMB 53,624,174.05 in Q1 2023[17] Cash Flow - The net cash flow from operating activities was approximately RMB 75.97 million, which decreased by 4.96% year-on-year[3] - Cash flow from operating activities for Q1 2024 was RMB 75,969,702.64, compared to RMB 79,930,962.49 in Q1 2023[21] - Cash flow from investing activities showed a net inflow of RMB 1,140,250,242.38 in Q1 2024, significantly higher than RMB 335,310,779.40 in Q1 2023[20] - Cash flow from financing activities resulted in a net inflow of RMB 42,137,675.19 in Q1 2024, compared to a net outflow of RMB 20,935,703.98 in Q1 2023[23] Assets and Liabilities - The total assets at the end of the reporting period were approximately RMB 7.19 billion, showing a slight increase of 1.23% from the end of the previous year[3] - The total assets as of March 31, 2024, amounted to CNY 7,192,952,822.94, an increase from CNY 7,105,496,951.15 as of December 31, 2023[12][16] - Current assets totaled CNY 3,745,333,949.09, slightly down from CNY 3,750,143,782.75 in the previous period[12] - Non-current assets increased to CNY 3,447,618,873.85 from CNY 3,355,353,168.40, indicating growth in long-term investments[13] - Total liabilities decreased to CNY 1,070,720,682.01 from CNY 1,088,203,977.97, reflecting improved financial stability[15] - The company's equity increased to CNY 6,122,232,140.93 from CNY 6,017,292,973.18, showing a positive trend in shareholder value[16] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,438[7] - The top shareholder, Jiang Wei, holds 28.17% of the shares, amounting to 47,520,000 shares[8] - The number of shares held by the top ten unrestricted shareholders reflects significant ownership concentration, with Jiang Wei holding 47,520,000 shares[10] Inventory and Receivables - Accounts receivable slightly increased to CNY 328,757,543.44 from CNY 327,861,290.31, suggesting stable revenue collection[12] - Inventory levels rose to CNY 533,642,335.66 from CNY 526,173,607.73, which may indicate preparation for increased sales[12] Other Financial Metrics - The company reported a decrease in other comprehensive income, with a net amount of RMB -21,216,593.79 in Q1 2024 compared to RMB 3,063,929.44 in Q1 2023[18] - Cash and cash equivalents were reported at CNY 2,677,447,776.76, down from CNY 2,740,678,648.51, indicating a reduction in liquidity[12]

Financial Performance - The company achieved a main business revenue of 2,645.07 million RMB in 2023, representing a growth of 25.11% compared to the previous year[6]. - The company's operating revenue for 2023 reached approximately CNY 2.65 billion, representing a 24.59% increase compared to CNY 2.13 billion in 2022[57]. - Net profit attributable to shareholders for 2023 was approximately CNY 416.12 million, a significant increase of 130.58% from CNY 180.47 million in 2022[57]. - The net profit attributable to shareholders of the listed company increased by 130.58% to 416.12 million yuan, while the net profit excluding non-recurring gains and losses rose by 141.52% to 383.41 million yuan[109]. - The net cash flow from operating activities increased by 174.30% to approximately CNY 634.45 million, driven by substantial growth in revenue and operating profit[59]. - The company's total assets at the end of 2023 were approximately CNY 7.11 billion, reflecting a 3.09% increase from CNY 6.89 billion at the end of 2022[57]. - The net assets attributable to shareholders increased by 2.46% to approximately CNY 5.65 billion at the end of 2023[57]. - The company's basic earnings per share increased by 134.62% to CNY 2.44 in 2023, compared to CNY 1.04 in 2022[85]. Research and Development - The company has invested a total of 7,033.32 million RMB in various R&D projects, with a cumulative investment of 25,963.14 million RMB[11]. - The R&D team consists of 366 personnel, accounting for 16.96% of the total workforce, with an average salary of 33.04 thousand yuan[18]. - The company has established multiple R&D platforms, including a national-level enterprise technology center and a national postdoctoral research station, enhancing its research capabilities[21]. - Research and development expenses amounted to CNY 220,098,300, representing a 20.81% increase from the previous year, accounting for 8.29% of total revenue[82]. - The company is actively increasing R&D investment to develop new technologies and products, focusing on core technology transformation[184]. Product Development and Innovation - The company is conducting clinical trials for several new products, including a new type of artificial lens and a high-permeability scleral lens, with expected product approvals in early 2024[11]. - The company is developing innovative products such as a new type of cross-linked chitosan gel and a long-acting cross-linked sodium hyaluronate injection, which are expected to enhance treatment efficacy[11]. - The company successfully launched a new hydrophobic aspheric intraocular lens product in June 2023, with several other innovative products in various stages of clinical trials[82]. - The company has developed a second-generation PRL product for myopia correction, with clinical trials progressing smoothly, and high-permeability scleral lenses expected to complete registration testing by February 2024[157]. - The company has developed a large-scale sodium hyaluronate injection product that is now in the clinical application stage[191]. Market Expansion and Strategy - The company has expanded its international presence through acquisitions, focusing on transferring advanced technologies and products to the domestic market[1]. - The company plans to continue its market expansion and product development strategies, focusing on high-margin products like hyaluronic acid[3]. - The company aims to enhance the brand image of its high-end hyaluronic acid product "Haimi" and expand market penetration in 2024[127]. - The company is focusing on expanding its product matrix across four major categories: hyaluronic acid, epidermal repair gene engineering preparations, RF, and laser equipment, catering to diverse consumer needs in medical and home beauty applications[160]. - The company plans to focus on the ophthalmology sector in 2024, adapting to changes in industry policies and leveraging its multi-brand product line advantages[126]. Operational Efficiency and Cost Management - The company has reduced cash outflow from investment activities due to effective cash management, particularly in the purchase of bank certificates[5]. - The company emphasized the importance of cash flow management, noting efforts to reduce accounts receivable and enhance collection efforts[59]. - The company has established a procurement center to enhance operational efficiency and reduce costs through centralized purchasing of raw materials and equipment[178]. - The company is actively monitoring overdue accounts receivable and has reduced or stopped credit sales to clients with credit risks, leading to a decrease in accounts receivable balance[4]. Market Position and Brand Influence - The company's ophthalmic viscoelastic product has maintained a market share of 16 consecutive years as the leading product in the domestic market[16]. - The company has a leading brand influence in various treatment areas, with its products ranking among the top in sales within their respective categories[27]. - The company is the only domestic manufacturer with a full range of orthopedic sodium hyaluronate injection products in 2ml, 2.5ml, and 3ml specifications[17]. - The company holds a 46.45% market share in the orthopedic joint cavity viscoelastic supplement market in China, maintaining the leading position for nine consecutive years[172]. - The company is the largest producer of surgical anti-adhesion agents in China, with a market share of 29.90% in 2022, also maintaining this position for 16 years[183]. Challenges and Future Outlook - The company has not yet achieved profitability since its listing, as indicated in the report[44]. - The management highlighted future growth strategies, although specific commitments were not made to investors[60]. - The group plans to advance the registration of several key products in 2024, including hydrophobic aspheric multifocal intraocular lenses and innovative intraocular filling biological gel products[142]. - The group aims to enhance its operational efficiency and core competitiveness through the integration of acquired companies and resource allocation in 2024[153]. - The Chinese medical aesthetics market is projected to grow at a compound annual growth rate of 15%-20% over the next five years, driven by increasing consumer demand and a low penetration rate compared to other countries[132].

Financial Performance - The company's operating revenue for Q1 2024 was CNY 645,995,271.22, representing a year-on-year increase of 5.68%[6] - The net profit attributable to shareholders for Q1 2024 was CNY 97,541,532.98, reflecting a growth of 20.16% compared to the same period last year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 95,217,851.02, which is an increase of 33.05% year-on-year[6] - The basic earnings per share for Q1 2024 was CNY 0.58, up by 23.40% from CNY 0.47 in Q1 2023[18] - Net profit for the current period reached 92,488,777.12, an increase from 84,951,683.69 in the previous period, representing a growth of approximately 6.4%[41] - Total revenue from operating profit was 114,427,839.61, slightly up from 111,265,909.95, indicating a growth of about 1.9%[41] - The company's earnings per share attributable to shareholders increased to 97,541,532.98 from 81,177,581.15, representing a growth of about 20.2%[41] Assets and Liabilities - The total assets at the end of Q1 2024 amounted to CNY 7,192,952,822.94, a 1.23% increase from the end of the previous year[26] - As of March 31, 2024, total current assets amounted to approximately RMB 3.75 billion, slightly down from RMB 3.75 billion at the end of 2023[32] - The company’s total assets reached approximately RMB 7.19 billion, up from RMB 7.11 billion at the end of 2023[32] - The company's total liabilities amounted to 1,070,720,682.01, a decrease from 1,088,203,977.97, reflecting a reduction of approximately 1.6%[45] - The total equity attributable to shareholders increased to 5,755,069,480.72 from 5,650,064,203.23, marking an increase of about 1.9%[45] Cash Flow - The net cash flow from operating activities for Q1 2024 was CNY 75,969,702.64, a decrease of 4.96% compared to the previous year[6] - The company reported a net cash inflow from investment activities of CNY 159,290,447.77 for Q1 2024, compared to CNY 156,184,009.96 in the same period last year[19] - The company reported a net cash inflow from financing activities of approximately RMB 42.14 million, a significant improvement from a net outflow of RMB 20.94 million in the previous period[38] Research and Development - The total R&D expenditure for Q1 2024 was CNY 64,900,123.30, which accounted for 10.05% of the operating revenue, an increase of 1.28 percentage points year-on-year[26] Shareholder Information - The top ten shareholders hold a combined 88.68% of the shares, with the largest shareholder owning 28.17%[28] Government Subsidies - The company received government subsidies amounting to CNY 3,820,341.64 during the reporting period[26] - Government subsidies received during the reporting period decreased significantly compared to the same period last year, leading to a 75.83% decline in non-recurring net gains[28] Inventory and Cash Management - Cash and cash equivalents at the end of the reporting period were RMB 846.19 million, an increase from RMB 772.22 million at the end of the previous year[38] - Inventory as of March 31, 2024, was approximately RMB 533.64 million, showing a slight increase from RMB 526.17 million at the end of 2023[32] Strategic Focus - The company continues to focus on high-margin hyaluronic acid products, contributing to overall gross profit growth[28] - The company is actively exploring new product development and market expansion strategies to enhance its competitive position[28] Other Financial Metrics - The weighted average return on equity for Q1 2024 was 1.72%, an increase of 0.24 percentage points year-on-year[26] - Interest income decreased to 17,894,671.58 from 19,194,643.89, a decline of approximately 6.8%[41] - Other comprehensive income after tax showed a significant drop to -21,216,593.79 from 3,063,929.44, indicating a negative shift[41] - The company reported a decrease in credit impairment losses to -476,413.55 from -2,445,931.34, showing an improvement in credit quality[41] - The company’s capital reserve decreased to 2,903,610,489.65 from 2,980,937,753.79, a decline of approximately 2.6%[45]

Financial Performance - Total revenue for 2023 reached RMB 2,634,910,000, an increase of 25.2% compared to RMB 2,103,438,000 in 2022[6] - Net profit attributable to shareholders was RMB 416,121,000, up 130.5% from RMB 180,470,000 in the previous year[6] - Earnings per share increased to RMB 2.44 in 2023, compared to RMB 1.04 in 2022[6] - The company achieved a total revenue of RMB 2,634.91 million in 2023, representing a year-on-year increase of 25.27%[7] - The company’s net profit attributable to ordinary shareholders was approximately RMB 416.12 million, an increase of about RMB 235.65 million or 130.58% from RMB 180.47 million in 2022[42] - The overall gross margin for the company was 70.34% in 2023, up from 68.79% in 2022, primarily due to strong sales performance of high-margin hyaluronic acid products[37] Assets and Liabilities - Total assets as of December 31, 2023, amounted to RMB 7,105,497,000, a rise from RMB 6,892,399,000 in 2022[6] - Total liabilities increased to RMB 1,088,204,000 from RMB 990,016,000 in 2022, resulting in a debt-to-asset ratio of 15.3%[6] - Total current liabilities of the group as of December 31, 2023, were approximately RMB 715.95 million, an increase of about RMB 204.67 million or 40.03% compared to December 31, 2022[43] - The total liabilities of the group as of December 31, 2023, were approximately RMB 1,088.20 million, with a debt-to-asset ratio of 15.31%, an increase of 0.95 percentage points from 14.36% as of December 31, 2022[48] Research and Development - Research and development efforts are focused on innovative technologies to enhance product offerings and competitiveness[6] - Research and development expenses amounted to RMB 220.10 million, an increase of 20.81% year-on-year, accounting for 8.35% of total revenue[11] - The company is actively developing innovative high-end artificial lens products, with several clinical trials underway for new technologies[18] - The company is focusing on expanding its product lines in ophthalmology and medical aesthetics, with several innovative products entering the registration phase[11] Market Expansion and Strategy - The company plans to expand its market presence and invest in new product development to drive future growth[6] - Management remains optimistic about future performance, expecting continued revenue growth and improved profitability[6] - The company is exploring potential mergers and acquisitions to accelerate growth and market expansion[6] - The company aims to expand its market share in the medical aesthetics sector by promoting its differentiated hyaluronic acid products through a broad sales network in 2024[36] Product Performance - The ophthalmic product line generated revenue of RMB 924.65 million, accounting for 35.10% of total revenue, with a growth rate of 20.72%[10] - The medical beauty and wound care product line saw revenue of RMB 1,052.80 million, representing 39.95% of total revenue, with a year-on-year growth of 41.44%[10] - The company's hyaluronic acid product line includes three generations, with the first generation achieving sales of RMB 599.41 million, accounting for 56.94% of total revenue in 2023, reflecting a growth of 95.78% year-on-year[23] - The company's ophthalmic products achieved revenue of RMB 924.65 million, an increase of approximately RMB 158.68 million, representing a growth rate of 20.72% compared to the previous year[14] Shareholder Returns - The board proposed a final dividend of RMB 1.00 per share for the year 2023, reflecting a 150% increase compared to the previous year[7] - The company plans to distribute a final dividend of RMB 1.00 per share for the year ending December 31, 2023, totaling RMB 167,360,375.00[58] - The company’s profit distribution policy emphasizes a stable and sustainable return to investors, with cash dividends prioritized when conditions allow[64] Corporate Governance - The company has established a corporate governance structure to protect shareholder rights and enhance accountability[123] - The company has adhered to all applicable provisions of the corporate governance code during the reporting period[117] - The board consists of 11 members, including 4 executive directors, 2 non-executive directors, and 5 independent non-executive directors[123] - The company has established internal policies to ensure the board receives independent views and opinions, with independent non-executive directors entitled to seek independent professional advice at the company's expense[127] Risk Management - The company has established a stable and effective risk management mechanism, including an internal audit system and risk assessment management system[183] - The company faces potential risks from intensified market competition, which could impact its market share and profitability[157] - Regulatory changes in China's healthcare system may increase compliance costs and reduce product demand if the company fails to adapt[158] Employee and Management - The total employee compensation for the group during the reporting period was approximately RMB 630.08 million, with a total workforce of 2,158 employees[44] - The company has implemented a restricted stock incentive plan approved on March 7, 2022, to attract and retain core management and technical personnel, with a total of 1,800,000 shares granted under this plan[91] - The company has arranged appropriate liability insurance for its directors, supervisors, and senior management[84] Community and Social Responsibility - The company made donations amounting to RMB 100,000 during the reporting period[119] - Community engagement includes donations, public welfare activities, and industry meetings[200] Compliance and Legal Matters - The company has not encountered any corruption or bribery lawsuits during the reporting period, reflecting its commitment to integrity and compliance[186] - The company has complied with all disclosure requirements under Chapter 14A of the Hong Kong Listing Rules regarding related party transactions[116]

Financial Performance - The company reported a basic earnings per share of CNY 2.44 for 2023, a 134.62% increase compared to CNY 1.04 in 2022[24]. - The diluted earnings per share also stood at CNY 2.44, reflecting the same 134.62% growth year-over-year[24]. - The net profit attributable to shareholders was CNY 416,000,000, which represents 40.09% of the total profit allocated for cash dividends[9]. - The company's operating revenue for 2023 reached approximately ¥2.65 billion, representing a 24.59% increase compared to ¥2.13 billion in 2022[46]. - Net profit attributable to shareholders increased by 130.58% to approximately ¥416.12 million from ¥180.47 million in the previous year[46]. - The net profit attributable to shareholders after deducting non-recurring gains and losses grew by 141.52%, amounting to approximately ¥383.41 million compared to ¥158.75 million in 2022[46]. - The net cash flow from operating activities surged by 174.30% to approximately ¥634.45 million, up from ¥231.30 million in the previous year[46]. - Total assets as of the end of 2023 were approximately ¥7.11 billion, a 3.09% increase from ¥6.89 billion at the end of 2022[46]. - The net assets attributable to shareholders increased by 2.46% to approximately ¥5.65 billion from ¥5.51 billion in 2022[46]. - Total revenue for 2023 reached CNY 2,645,068,738.47, an increase of 25.11% compared to the previous year[79]. - The overall gross profit margin for the main business reached 70.46%, an increase of 1.51 percentage points from the previous year[104]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 10.00 per 10 shares, totaling CNY 166,833,930.00[9]. Research and Development - Research and development expenses accounted for 8.29% of operating revenue, a slight decrease of 0.26 percentage points from 8.55% in 2022[24]. - Research and development expenses amounted to CNY 220,098,318.01, a 20.81% increase from CNY 182,191,781.51 in the previous year, reflecting the company's commitment to innovation[75]. - The company has established an integrated R&D system across China, the US, the UK, France, and Israel, enhancing its technological capabilities and market competitiveness[64]. - The company is focusing on high-end implantable biomaterials, which require complex R&D and have a long development cycle[130]. - The company has several products in various stages of development, including new types of biological gels and cross-linked hyaluronic acid gels[132]. Market Expansion and Product Development - The company is actively expanding its product line in the medical aesthetics sector, including investments in RF and laser medical devices, as well as home-use instruments and botulinum toxin products[66]. - The company is focused on international expansion and has acquired several overseas companies to facilitate the transfer of advanced technologies and products to the domestic market[73]. - The company anticipates continued growth in the medical beauty market, projected to achieve a compound annual growth rate of 15%-20% over the next five years[94]. - The company is leveraging its multi-brand product line and cost advantages to adapt to the new marketing landscape post-volume procurement in the ophthalmology sector[143]. Sales and Revenue Breakdown - Revenue from ophthalmic products was CNY 928,214,432.86, a decrease of 20.57% year-on-year, with a gross margin of 59.11%[79]. - Revenue from medical beauty and wound care products increased by 41.27% to CNY 1,056,860,493.91, with a gross margin of 77.45%[79]. - Revenue from mainland China was CNY 2,191,972,736.84, up 28.20% year-on-year, with a gross margin of 73.65%[79]. - Direct sales accounted for CNY 1,321,405,596.97 in revenue, an increase of 28.49%, with a gross margin of 77.77%[79]. Operational Efficiency - The company has established a procurement center to enhance operational efficiency and reduce costs, focusing on centralized procurement of raw materials and equipment[162]. - The company has entered into significant procurement and sales contracts during the reporting period, enhancing its operational capabilities[82]. Future Outlook - The company’s future outlook includes continued investment in R&D and potential market expansion strategies[24]. - The company is exploring advanced technologies and products in ophthalmology, medical aesthetics, orthopedics, and surgery to ensure sustainable long-term development[147]. Corporate Governance - The company has no non-operating fund occupation by controlling shareholders or related parties[11]. - The company’s financial report has been confirmed as true, accurate, and complete by its management team[8].

Financial Performance - The company recorded a total revenue of RMB 2,634.91 million for the year ended December 31, 2023, representing an increase of RMB 531.47 million or 25.27% compared to the previous year[2]. - Net profit attributable to shareholders was approximately RMB 416.12 million, reflecting a growth of 130.58% compared to the previous year, while the net profit excluding non-recurring items was RMB 383.41 million, up 141.52%[2]. - The gross profit for the year was RMB 1,853.51 million, compared to RMB 1,446.92 million in 2022, indicating a significant increase in profitability[3]. - The company reported a total comprehensive income of RMB 404.44 million for the year, significantly higher than RMB 100.70 million in 2022[4]. - The basic and diluted earnings per share for the year were RMB 2.44, compared to RMB 1.04 in the previous year, showcasing strong earnings growth[4]. - The total tax expense for the year 2023 amounted to RMB 95,991,000, an increase of 111.1% compared to RMB 45,395,000 in 2022[30]. Research and Development - Research and development expenses amounted to approximately RMB 220.10 million, an increase of RMB 37.91 million or 20.81% year-over-year, accounting for 8.35% of total revenue[2]. - The company is focusing on expanding its ophthalmic and aesthetic innovation product lines, with several key R&D projects progressing smoothly[48]. - The hydrophobic injection aspheric intraocular lens product has been approved for registration and market launch in June 2023, while other products are in various stages of clinical trials and registration[48]. - The company has initiated clinical trials for the innovative hydrophobic molded aspheric trifocal artificial lens in July 2023[56]. Dividends and Share Repurchase - The board proposed a final dividend of RMB 1.00 per share for the year ended December 31, 2023, compared to RMB 0.40 per share in 2022, and recommended a bonus issue of 4 new shares for every 10 existing shares[2]. - The total number of H-shares repurchased in 2023 was 3,872,400, with a total expenditure of HKD 166,589,234.00[89]. - The total number of A-shares repurchased in 2023 was 1,089,486, with a total expenditure of RMB 117,145,262.95[90]. Assets and Liabilities - Total assets as of December 31, 2023, were RMB 6,389.55 million, slightly up from RMB 6,381.12 million in the previous year[5]. - Current assets increased to RMB 3,750.14 million from RMB 3,532.12 million, indicating improved liquidity[5]. - The company’s total liabilities amounted to RMB 407.95 million as of December 31, 2023, compared to RMB 118.26 million in 2022[40]. - The current portion of total liabilities was RMB 216.63 million, while the non-current portion was RMB 191.32 million[40]. Revenue Breakdown - Revenue from mainland China was RMB 2,181,814 thousand, up 28.5% from RMB 1,699,078 thousand in 2022[22]. - The ophthalmology product line generated RMB 924.65 million in revenue, accounting for 35.10% of total revenue, with a year-on-year growth of 20.72%[47]. - The medical beauty and wound care product line reported revenue of RMB 1,052.80 million, representing 39.95% of total revenue, with a significant year-on-year growth of 41.44%[47]. - The orthopedic product line's revenue reached RMB 474.26 million, making up 18.00% of total revenue, with a year-on-year increase of 22.71%[47]. Market Position and Strategy - The company has been recognized as a high-tech enterprise, allowing a preferential tax rate of 15% for certain subsidiaries in 2023[6]. - The company aims to accelerate the localization of the ophthalmic industry in China and become a globally recognized comprehensive ophthalmic product manufacturer[50]. - The company has established exclusive distribution rights for high-end corneal reshaping lenses in mainland China, enhancing its market share and influence[56]. - The company plans to focus on four rapidly developing treatment areas: ophthalmology, medical aesthetics, wound care, and orthopedics, while enhancing research and development capabilities[69]. Compliance and Governance - The company has complied with all applicable code provisions under the Corporate Governance Code during the reporting period[93]. - The audit committee reviewed the audited consolidated financial statements and annual results for the year ending December 31, 2023[94]. - The annual report containing all data required by the Hong Kong Listing Rules will be sent to shareholders and published on the relevant websites in due course[95].

上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于上海昊海生物科技股份有限公司 2021 年 A 股限制性股票激励计划预留授予部分第一个归属 期归属条件成就及作废部分已授予但尚未归属的限制性股 票相关事项之 法律意见书 地址：上海市浦东新区银城中路 501 号上海中心大厦 11/12 层 电话：021-20511000 传真：021-20511999 邮编：200120 上海市锦天城律师事务所 法律意见书 上海市锦天城律师事务所 关于上海昊海生物科技股份有限公司 2021 年 A 股限制性股票激励计划预留授予部分第一个归属期归 属条件成就及作废部分已授予但尚未归属的限制性股票相关事 项之法律意见书 致：上海昊海生物科技股份有限公司 第一部分 引言 上海市锦天城律师事务所（以下简称"本所"）接受上海昊海生物科技股份 有限公司（以下简称"昊海生科"或"公司"）的委托，指派周健律师和尹英爱 律师作为公司特聘专项法律顾问，根据《中华人民共和国公司法》《中华人民共 和国证券法》《上市公司股权激励管理办法》《上海证券交易所科创板股票上市 规则》《科创板上市公司自律监管指南第 4 号——股权激励信息披露》及其 ...