证券代码：600336 证券简称：澳柯玛 编号：临 2025－017 澳柯玛股份有限公司 2025 年度日常关联交易预计公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、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法律责任。 重要内容提示： 本次日常关联交易尚需提交公司股东大会审议 本次日常关联交易不会影响公司经营的独立性，公司亦不会因此类交易而对关联 人形成依赖。 二、关联人介绍和关联关系 根据经营需要，2025 年公司（含分公司及控股子公司）拟与青岛澳柯玛融资租赁有 限公司合作开展融资（经营）租赁业务，与青岛澳柯玛信诚商业保理有限公司合作开展商 业保理业务，与澳柯玛（沂南）新能源电动车有限公司、澳柯玛（临沂）电子科技有限公 司及青岛澳西智能科技有限公司开展物资采购业务，与阜阳市盈田智能科技有限公司开展 物资销售及商品采购业务，与青岛澳慧冷云物联科技有限公司合作开展数字化项目开发、 服务及智能硬件采购业务,与青岛澳柯玛制冷电器有限公司进行厂房租赁业务。具体如下： 一、日常关联交易基本情况 （一）日常关联交易履行的审议程序 公司于 2025 年 4 月 29 日召开九届十四次董 ...

Financial Performance - The company's operating revenue for Q1 2025 was CNY 2,205,112,404.42, a decrease of 13.80% compared to CNY 2,558,017,665.26 in the same period last year[4] - Net profit attributable to shareholders increased by 29.37% to CNY 41,358,438.67 from CNY 31,968,192.80 year-on-year[4] - The net profit after deducting non-recurring gains and losses rose by 47.13% to CNY 37,415,840.72 compared to CNY 25,429,904.00 in the previous year[4] - The basic earnings per share increased by 29.18% to CNY 0.0518 from CNY 0.0401 in the same period last year[4] - The weighted average return on equity improved by 0.41 percentage points to 1.68% from 1.27% year-on-year[4] - Net profit for Q1 2025 reached ¥41,245,530.59, an increase of 20.5% from ¥34,186,328.08 in Q1 2024[18] - Earnings per share for Q1 2025 was ¥0.0518, compared to ¥0.0401 in Q1 2024, reflecting a 29.9% increase[18] - Operating profit for Q1 2025 was ¥0.99 million, down from ¥12.05 million in Q1 2024, reflecting a significant decline[27] - Net profit for Q1 2025 was ¥3.82 million, compared to ¥12.77 million in Q1 2024, indicating a year-over-year decrease of 70.0%[27] Assets and Liabilities - Total assets at the end of Q1 2025 were CNY 8,037,204,157.66, an increase of 1.69% from CNY 7,903,714,439.89 at the end of the previous year[5] - The total assets as of the end of the reporting period amounted to ¥8,037,204,157.66, up from ¥7,903,714,439.89[14] - Total liabilities increased to ¥5,342,818,842.98 from ¥5,250,070,796.53, representing a rise of 1.8%[14] - The total liabilities decreased to CNY 2,933,324,952.18 from CNY 3,013,560,260.57 at the end of 2024[25] - The total equity attributable to shareholders increased to ¥2,481,660,285.07 from ¥2,440,805,705.67, reflecting a growth of 1.7%[14] - The total equity increased slightly to CNY 2,808,167,899.78 from CNY 2,803,659,633.37 at the end of 2024[25] Cash Flow - The net cash flow from operating activities was CNY -174,372,162.62, showing an improvement from CNY -225,519,080.92 in the previous year[4] - In Q1 2025, the cash inflow from operating activities was CNY 1,844,255,993.52, a decrease of 28.6% compared to CNY 2,581,593,350.15 in Q1 2024[20] - The cash inflow from investment activities was CNY 91,993,535.28, compared to CNY 2,516,086.60 in Q1 2024, marking a significant increase[21] - The net cash flow from investment activities was CNY 27,168,427.28, recovering from a negative CNY -48,283,659.94 in Q1 2024[21] - The cash inflow from financing activities was CNY 191,881,119.84, down 71.4% from CNY 670,082,041.50 in Q1 2024[21] - The net cash flow from financing activities was negative at CNY -57,897,127.18, contrasting with a positive CNY 372,136,519.85 in the previous year[21] - The total cash and cash equivalents at the end of Q1 2025 were CNY 576,276,110.77, down from CNY 651,094,300.93 at the end of Q1 2024[21] - Cash flow from operating activities for Q1 2025 was negative at -¥97.21 million, an improvement from -¥138.41 million in Q1 2024[29] - Cash flow from investing activities for Q1 2025 was positive at ¥54.90 million, compared to a negative cash flow of -¥14.87 million in Q1 2024[30] - Cash flow from financing activities for Q1 2025 was positive at ¥14.44 million, a decrease from ¥135.11 million in Q1 2024[30] - Total cash and cash equivalents at the end of Q1 2025 were ¥300.90 million, up from ¥267.71 million at the end of Q1 2024[30] Shareholder Information - The company reported a total of 51,609 ordinary shareholders at the end of the reporting period[9] - The largest shareholder, Qingdao Aokema Holdings Group Co., Ltd., holds 23.03% of the shares, totaling 183,812,152 shares[9] Government Subsidies and Expenses - The company received government subsidies amounting to CNY 1,609,500, which are closely related to its normal business operations[6] - Research and development expenses for Q1 2025 were ¥52,054,640.00, down from ¥58,743,999.61 in Q1 2024, a decrease of 11.5%[17] - Financial expenses for Q1 2025 were ¥3.21 million, significantly higher than ¥1.13 million in Q1 2024, indicating a rise of 184.1%[27] - Sales expenses increased slightly to ¥33.03 million in Q1 2025 from ¥31.97 million in Q1 2024, showing a 3.3% increase[27]

Financial Performance - The company's operating revenue for 2024 was CNY 7,816,074,375.10, a decrease of 15.99% compared to CNY 9,303,766,761.58 in 2023[22] - The net profit attributable to shareholders for 2024 was CNY -48,525,391.16, representing a decline of 186.56% from CNY 56,062,180.87 in 2023[22] - The basic earnings per share for 2024 was CNY -0.06, down 185.71% from CNY 0.07 in 2023[23] - The total assets at the end of 2024 were CNY 7,903,714,439.89, a slight decrease of 0.23% from CNY 7,921,570,809.38 at the end of 2023[22] - The net assets attributable to shareholders at the end of 2024 were CNY 2,440,805,705.67, a decrease of 2.35% from CNY 2,499,593,752.14 at the end of 2023[22] - The company reported a cash flow from operating activities of CNY 208,740,370.33, compared to CNY -22,918,826.15 in 2023[22] - The weighted average return on equity for 2024 was -1.96%, a decrease of 4.22 percentage points from 2.26% in 2023[23] - The company did not distribute cash dividends or issue bonus shares for the 2024 fiscal year[6] Market and Product Development - The company launched the industry’s first -36℃ deep cold fully embedded refrigerator, achieving a 99% home integration rate[32] - The company’s air conditioning division introduced the Linglong 2.0 version of the new wind air conditioner, featuring four-dimensional intelligent control[32] - The company expanded its retail capabilities by establishing the "Aojia Hui" collaborative platform with agents, enhancing market responsiveness[33] - The company introduced new high-efficiency display cabinets and smart vending machines, solidifying its leadership in the smart retail market[35] - The company accelerated its overseas market expansion, establishing a presence in Mexico and developing markets in Jordan and Kyrgyzstan[37] - The company launched a new product line including high-end integrated home appliances, with significant upgrades to smart product offerings, integrating over 70 smart products into its "Smart Life" platform[38] - The company achieved a notable increase in brand exposure, reaching 400 million impressions through various advertising channels and 228 million through new media campaigns[41] Research and Development - The company invested in R&D, achieving significant breakthroughs in green low-carbon and AI technologies, with 638 patent applications filed, including 233 invention patents[38] - The total R&D investment for the period amounted to ¥274,477,042.19, representing 3.51% of the operating revenue[64] - The number of R&D personnel is 701, accounting for 10.61% of the total workforce[65] - The company has increased its R&D investment and technology talent reserves to enhance its competitive edge in R&D[65] Operational Efficiency and Management - The company’s management initiatives led to improved product gross margins and operational efficiency, with a focus on quality management and user satisfaction[39][40] - The company is transitioning towards a full cold chain IoT enterprise, enhancing its product offerings in various sectors including medical and retail cold chain solutions[45][46] - The company is enhancing its human resources management system to attract high-end management and technical talent to support its digital transformation[103] - The company is implementing a comprehensive risk management system to address credit risks associated with customer receivables[104] Corporate Governance and Compliance - The company has established a robust corporate governance structure in compliance with relevant laws and regulations, ensuring the protection of shareholder rights[107] - The company guarantees the independence of its personnel, assets, and financial operations to maintain operational integrity[108][109] - The company has committed to independent financial decision-making and compliance with tax regulations to ensure financial autonomy[109][111] - The company is focused on minimizing related party transactions to avoid conflicts of interest and ensure operational independence[111] Environmental and Social Responsibility - The company invested 3.42 million yuan in environmental protection during the reporting period[151] - The company reduced hazardous waste disposal by approximately 41.8%, totaling 21.6 tons for the year[153] - The company achieved a 100% accuracy and real-time rate in wastewater discharge monitoring during the reporting period[152] - The company implemented energy-saving measures that are expected to save approximately 200,000 yuan in steam costs annually[156] - The company plans to increase R&D investment to develop more energy-efficient and low-carbon products[157] - The company provided 40,000 yuan in donations for rural revitalization and public welfare activities[158] Future Outlook and Strategic Initiatives - The company anticipates a challenging market environment in 2025, with a focus on innovation as a key driver for high-quality development[84] - The company aims to enhance its competitive edge in the refrigeration sector through a digital transformation and the "Internet + Full Cold Chain" strategy[88] - The company plans to implement a "1+3+N" strategic framework focusing on becoming a leading international innovative technology enterprise in smart refrigeration[88] - The company aims to achieve a revenue target of 8.5 billion yuan and total costs of 8.43 billion yuan for 2025, focusing on maximizing sales and minimizing expenses[89] Shareholder and Financial Information - The total number of ordinary shareholders increased from 51,609 to 62,010 during the reporting period[188] - The largest shareholder, Qingdao Aokema Holding Group Co., Ltd., holds 183,812,152 shares, accounting for 23.03% of total shares[190] - The second-largest shareholder, Qingdao Enterprise Development Investment Co., Ltd., holds 124,605,073 shares, representing 15.61% of total shares[190] - The company has a structured compensation policy that emphasizes performance-based rewards and internal equity among employees[135]

澳柯玛（600336）公告，2025年第一季度营收为22.05亿元，同比下降13.80%；净利润为4135.84万元， 同比增长29.37%。 ...

Core Viewpoint - The article highlights the evolution and innovation of Aucma's refrigeration products, emphasizing their commitment to quality and customer satisfaction through technological advancements and responsive service [3][19]. Product Innovation - Aucma has introduced various low-temperature freezers, including -40℃ and -60℃ models, enhancing food preservation capabilities for both high-end and everyday ingredients [4][6]. - The company launched a series of frost-free refrigerators starting in 2017, utilizing advanced technologies to improve user experience and energy efficiency [8][10]. - In 2023, Aucma released a versatile upright freezer with features like -40℃ deep freezing and precise temperature control, addressing multiple consumer needs [12]. Market Performance - In 2023, Aucma's large freezer sales increased by 25.05%, with retail revenue rising by 23.24% [6]. - The upright freezer segment saw a remarkable growth of 86.50% in sales and 83.81% in retail revenue in the same year [12]. Customer Engagement and Service - Aucma actively participates in the national "old-for-new" appliance replacement program, providing incentives and support to customers, which has enhanced brand loyalty and reputation [19][21]. - The company offers comprehensive services, including free installation and user education, to ensure customer satisfaction with new products [3][19]. Awards and Recognition - Aucma's products have received multiple accolades, including being ranked first in the 2023 Home Refrigerator Brand Reputation Report for their quality and consumer interaction [12][17].

Industry Overview - The self-service vending machine is a type of machine that automatically dispenses goods based on the coins inserted, representing a new retail format known as a 24-hour micro supermarket [1][6] - The market size of self-service vending machines in China has grown from 1.725 billion yuan in 2017 to 2.486 billion yuan in 2024, with expectations to exceed 4 billion yuan by 2027 [1][10] Market Status - The number of self-service vending machines in China has increased from 246,200 units in 2016 to 1.89 million units in 2024, with projections to surpass 2 million units by 2025 [6][10] - The distribution of vending machines is concentrated in first-tier and new first-tier cities, with first-tier cities holding 22.72% and new first-tier cities holding 39.15% of the market share in 2024 [8][10] Industry Structure - The self-service vending machine industry has undergone significant changes in the past five years, transitioning from traditional models to smart vending solutions [12] - Key players in the industry include Youbao Online, Aucma, and New Beiyang, each focusing on different aspects of vending machine operations and technology [14][16] Development Trends - Technological innovation is driving industry upgrades, with a focus on smart payment methods and inventory management systems to enhance user experience [18] - The market is expected to diversify in application scenarios, expanding beyond traditional snacks and beverages to include fresh produce, daily necessities, and pharmaceuticals [19] - The industry is moving towards environmentally friendly practices, with manufacturers adopting eco-friendly materials and energy-saving technologies [20]

春天是许多食材上市的黄金季节。澳柯玛平嵌双子星冰箱（BCD-508WPGXFV法式四门、BCD- 505WPGXZV十字四门），以"冰橱一体的厨居美学"等卖点，成为这个春天的明星新品。 针对家庭对即食肉类等的短期存放需求，双子星冰箱特别配备"零晶恒鲜舱"，可让刚上岸的春鲅鱼无需 冷冻也能存放7天。零晶恒鲜舱模拟食材适宜微环境，利用先进的分子级稳定技术，减缓营养流失与氧 化过程，成功地将食材置于冻与不冻的临界点上，不用等待化冻。 四时季节变换，好生活才有好滋味，囤春鲜不仅承载着家庭餐桌上的丰盛与温馨，更是您智慧生活方式 的体现。澳柯玛平嵌双子星冰箱以全方位创新与关怀，让每份食材都能得到科学妥善的保管，让每一次 品尝都能收获鲜美本味的口感。澳柯玛将继续深耕、挖掘，并引领消费需求，提升产品用户体验与价 值，持续创新，满足用户对不同温度的需求。 澳柯玛平嵌双子星冰箱，具有层次美感外观，避免外观雷同。594毫米的超薄机身，2S级零距离平嵌， 平嵌设计全尺寸嵌入橱柜，实现冰橱一体完美融入家居生活。实际家庭使用时，两侧开门预留距离仅需 3毫米即可。 澳柯玛研发人员表示，这一设计背后蕴含了多项创新，如全新大孔径冷凝系统，冰箱 ...

每经评论员杜宇 澳柯玛称，公司在披露2024年度业绩预告时，部分事项尚未进行完整的审计评估程序。随着年度审计工 作的推进，公司对存在减值迹象的资产进行测试，新增对应收账款中存在回收风险的款项进行计提信用 减值准备，从而导致净利润大幅减少。此外，澳柯玛表示，由于年度报告工作量大、过程繁杂，相关的 审计和编制工作仍在进行过程中。 澳柯玛此次业绩预告"变脸"和年报延期披露，反映出公司在财务管理和内部治理方面的不足。一方面， 公司在财务预测和风险评估上存在漏洞，未能在前期充分识别相关风险，导致业绩预告出现重大偏差。 另一方面，年报"难产"凸显了公司在内部管理和协调方面的漏洞，未能有效推进年报编制及审计工作。 这不仅影响了投资者的信心，也对公司的市场形象带来了负面影响。 笔者认为，面对当前困境，澳柯玛需迅速采取行动。公司应加强财务管理，提高财务预测的准确性和透 明度，同时优化内部管理流程，确保年报编制和披露工作的顺利进行。此外，公司还需关注市场需求变 化，加大研发投入，提升产品竞争力，以应对日益激烈的市场竞争。 4月23日，澳柯玛（600336）(SH600336，前收盘价：6.49元，市值：51.79亿元)发布202 ...

Group 1 - Several listed companies, including *ST Hengli and Aucma, have postponed the disclosure of their 2024 annual reports and 2025 Q1 reports due to delays in audit and preparation work [1] - *ST Hengli has announced a delay in its report disclosure from April 28, 2025, to April 30, 2025, while Aucma's disclosure has been postponed from April 26, 2025, to April 30, 2025 [1] - Both companies have indicated potential risks, with *ST Hengli facing a possible delisting if its 2024 revenue falls below 300 million yuan, and Aucma correcting its previous profit forecast from a profit to a loss of 45 million to 50 million yuan [1][2] Group 2 - *ST Hengli's performance forecast indicates a revenue of 300 million to 350 million yuan for 2024, with total losses expected to be between 35 million and 45 million yuan [2] - The company has highlighted significant discrepancies with its auditors regarding revenue recognition, which could impact its final revenue figures [3] - Additionally, *ST Hengli is facing multiple lawsuits, resulting in the freezing of some bank accounts, which has negatively affected its operational activities [4] Group 3 - Aucma has unexpectedly revised its profit forecast, now expecting a loss of 45 million to 50 million yuan for 2024, with a further loss of 72 million to 78 million yuan when excluding non-recurring items [5] - The revision is attributed to incomplete audit assessments during the initial forecast, leading to the identification of impairment risks and the need for credit impairment provisions [5] - Aucma's declining performance is linked to insufficient domestic consumer demand and increased competition, alongside challenges faced by its new overseas investments [6]

Mergers and Acquisitions - Shanghai Yashi plans to acquire 30% equity in Euro-Asia Company, which would result in holding 100% equity if successful [1] - Jizhong Energy intends to acquire 20.02% equity in Duanwang Coal Industry from Jianxin Investment for 898 million yuan, increasing its stake to 83.21% post-transaction [1] Share Buybacks and Increases - Jerry Holdings plans to repurchase shares worth 150 million to 250 million yuan, with a maximum price of 49 yuan per share [2] - Tongkun Holdings' shareholder, Leixin Industrial, intends to increase holdings by 250 million to 500 million yuan [2] External Investments and Daily Operations - Visionox plans to invest 5 billion yuan to establish a global new display industry innovation center project in Kunshan [3] - Siwei Map Technology has signed a strategic cooperation framework agreement with Volcano Engine [4] - Nandu Power plans to list on the Hong Kong Stock Exchange [5] Performance Changes - Tianfu Communication reported a net profit of 338 million yuan in Q1 2025, a year-on-year increase of 21.07% [6] - Yara International reported a net profit of 384 million yuan in Q1, a significant year-on-year increase of 374%, driven by increased sales and prices of potash [7] - Tianqi Lithium expects a net profit of 82 million to 123 million yuan in Q1, marking a turnaround from losses, with increased production and sales of lithium compounds and derivatives [7] - Haitai Technology reported a net profit of 13.92 million yuan in Q1, a year-on-year increase of 5739%, attributed to revenue recognition from molds reaching acceptance status [7] - Lanke Technology's net profit for Q1 2025 was 525 million yuan, up 135.14% year-on-year, benefiting from AI industry trends driving demand for DDR5 memory interface chips and high-performance computing chips [7] - Shanghai Yashi reported a net profit of 9.75 million yuan in Q1 2025, a year-on-year increase of 129.78% [7] - Beiyuan Group's net profit for Q1 was 50 million yuan, a year-on-year increase of 442%, due to rising prices of caustic soda and declining procurement prices of key raw materials [7] - Desay SV reported a net profit of 582 million yuan in Q1, a year-on-year increase of 51.32% [8] - Quectel Wireless Solutions reported a net profit of 588 million yuan in 2024, a year-on-year increase of 548.49% [8] - Aucma corrected its annual performance forecast for 2024, expecting a net loss of 45 million to 50 million yuan [9]