江苏红豆实业股份有限公司 董事会审计委员会 2024 年度履职情况报告 报告期内，公司董事会审计委员会根据《上海证券交易所上市公司自律监管 指引第 1 号——规范运作》《上市公司治理准则》《公司董事会审计委员会实施 细则》等有关规定，切实履行相应的职责和义务，现就 2024 年度履职情况报告 如下： 一、董事会审计委员会基本情况 报告期初，公司第九届董事会审计委员会由独立董事沈大龙先生、徐而迅女 士及公司董事顾金龙先生三名成员组成，其中主任委员为会计专业人士沈大龙先 生。 报告期内，公司于 2024 年 1 月 19 日召开第九届董事会第十次临时会议对公 司第九届董事会专业委员会成员进行了调整。调整后，公司董事会审计委员会由 独立董事沈大龙先生、徐而迅女士及公司董事奚丰先生三名成员组成，其中主任 委员为会计专业人士沈大龙先生。 二、董事会审计委员会年度会议召开情况 2024 年度，公司董事会审计委员会召开了 8 次会议，各委员充分发挥各自 专业特长，本着对全体股东负责的态度，认真履行职责。会议情况具体如下： | | 会议召开日期 | | | 会议内容 | | --- | --- | --- | --- | - ...

证券代码：600400 证券简称：红豆股份 公告编号：临 2025-030 江苏红豆实业股份有限公司 关于召开2024年年度股东大会的通知 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： 一、 召开会议的基本情况 (一) 股东大会类型和届次 2024年年度股东大会 召开的日期时间：2025 年 5 月 20 日 14 点 30 分 召开地点：江苏省无锡市锡山区东港镇公司会议室 股东大会召开日期：2025年5月20日 本次股东大会采用的网络投票系统：上海证券交易所股东大会网络投票 系统 (二) 股东大会召集人：董事会 (三) 投票方式：本次股东大会所采用的表决方式是现场投票和网络投票相结 合的方式 (四) 现场会议召开的日期、时间和地点 (五) 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自2025 年 5 月 20 日 至2025 年 5 月 20 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东大会召开当日的交易时间段，即 ...

股票代码：600400 股票简称：红豆股份 编号：临 2025-029 表决结果：3 票同意，0 票反对，0 票弃权 该议案尚需提交公司股东大会审议。 二、关于公司 2024 年度利润分配方案的议案 监事会认为：本次利润分配方案符合《上市公司监管指引第 3 号—上市公司 现金分红》《公司章程》等规定的利润分配政策和相关法律、法规的要求，符合 公司当前的实际情况，不存在损害公司及中小股东利益的情形，同意本次利润分 配方案。 具体内容详见公司在上海证券交易所网站（www.sse.com.cn）披露的《江 苏红豆实业股份有限公司关于 2024 年度拟不进行利润分配的公告》。 江苏红豆实业股份有限公司 第九届监事会第十二次会议决议公告 本公司监事会及全体监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。 江苏红豆实业股份有限公司第九届监事会第十二次会议于 2025 年 4 月 28 日在公司会议室召开。会议通知已提前以书面、电话等方式通知各位监事。本次 会议采取现场表决方式，会议应到监事 3 人，实到监事 3 人。会议由监事会主席 龚新度先生主持，符合《公 ...

股票代码：600400 股票简称：红豆股份 编号：临 2025-022 江苏红豆实业股份有限公司 第九届董事会第二十一次会议决议公告 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。 江苏红豆实业股份有限公司第九届董事会第二十一次会议于 2025 年 4 月 28 日在公司会议室召开。会议通知已提前以书面、电话等方式通知各位董事。本次 会议采取现场表决和通讯表决相结合的方式，会议应到董事 9 人，实际出席董事 9 人。会议由董事长周宏江先生主持，公司监事和其他高级管理人员列席了会议， 符合《公司法》和《公司章程》的规定。经全体董事审议，一致通过了如下决议： 一、关于总经理 2024 年度工作报告的议案 表决结果：9 票同意，0 票反对，0 票弃权 二、关于公司董事会 2024 年度工作报告的议案 表决结果：9 票同意，0 票反对，0 票弃权 该议案尚需提交股东大会审议。 三、关于公司 2024 年度财务决算报告的议案 表决结果：9 票同意，0 票反对，0 票弃权 该议案尚需提交股东大会审议。 四、关于公司 2024 年度利润分配 ...

重要内容提示： 江苏红豆实业股份有限公司（以下简称"公司"）2024 年度拟不进行现 金分红、不送股，也不以资本公积金转增股本。 本次利润分配方案已经公司第九届董事会第二十一次会议、第九届监事 会第十二次会议审议通过，尚需提交公司 2024 年年度股东大会审议。 公司不触及《上海证券交易所股票上市规则》第 9.8.1 条第一款第（八） 项规定的可能被实施其他风险警示的情形。 一、利润分配方案内容 股票代码：600400 股票简称：红豆股份 编号：临 2025-023 （一）利润分配方案的具体内容 江苏红豆实业股份有限公司 2024 年年度利润分配方案公告 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。 根据《上海证券交易所上市公司自律监管指引第 7 号——回购股份》的相 关规定：上市公司以现金为对价，采用集中竞价方式、要约方式回购股份的，当 年已实施的股份回购金额视同现金分红，纳入该年度现金分红的相关比例计算。 公司 2024 年度通过集中竞价交易方式回购公司股份累计已支付的金额为 13,681,000.04 元（不含佣金、过 ...

证券代码：600400 证券简称：红豆股份 公告编号：临 2025-026 江苏红豆实业股份有限公司 关于以集中竞价交易方式回购股份的方案 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、准确性和完整性依法承担法律责任。 重要内容提示： ● 回购股份金额：江苏红豆实业股份有限公司（以下简称"公司""本公司"） 拟回购公司部分社会公众股份。本次回购股份资金总额不低于人民币 1,000 万元 （含）且不超过人民币 2,000 万元（含）。 ● 回购股份资金来源：公司自有资金。 ● 回购股份用途：公司股权激励计划。公司如未能在股份回购实施完成之后 36 个月内使用完毕已回购股份，尚未使用的已回购股份将予以注销。 ● 回购股份价格：回购股份价格不超过人民币 3.45 元/股（含）。 ● 回购股份方式：通过上海证券交易所系统以集中竞价交易方式进行。 ● 回购股份期限：自公司董事会审议通过回购股份方案之日起不超过12 个月。 ● 相关股东是否存在减持计划：控股股东的一致行动人、实际控制人及持有 公司股份的董事、监事、高级管理人员（以下简称"董监高"）在未来 3 个月、 ...

Financial Performance - The company's operating revenue for 2024 was CNY 1,959,074,407.04, a decrease of 15.93% compared to CNY 2,330,333,411.55 in 2023[22]. - The net profit attributable to shareholders for 2024 was a loss of CNY 238,176,848.12, compared to a profit of CNY 30,005,580.15 in 2023[22]. - The company's total assets decreased by 16.89% to CNY 4,377,907,789.50 in 2024 from CNY 5,267,393,828.74 in 2023[22]. - The basic earnings per share for 2024 was -CNY 0.10, down from CNY 0.01 in 2023[23]. - The weighted average return on equity for 2024 was -8.49%, a decrease of 9.48 percentage points from 0.99% in 2023[23]. - The decline in revenue was attributed to a cautious consumer sentiment and a slowdown in the apparel retail industry, resulting in a decrease of CNY 37,125.90 million in revenue[22]. - The gross profit margin decreased by 2.76 percentage points, leading to a reduction in gross profit of CNY 5,407.05 million[22]. - The company reported an increase in credit impairment losses by CNY 1,063.61 million compared to the previous year[22]. - The company faced intensified competition in the men's clothing market, contributing to the overall decline in performance[22]. - The company reported a cash flow from operating activities of RMB 102.08 million in Q4, recovering from previous negative cash flows in earlier quarters[29]. - The company’s cash flow from operating activities showed a net outflow of CNY 185,419,162.21, a significant decline from the previous year[59]. - The net cash flow from investing activities increased to 550,528,966.06 RMB in 2024, compared to -131,831,819.92 RMB in 2023[81]. - The net cash flow from financing activities was -567,914,034.87 RMB, reflecting an increase in cash used for debt repayment[82]. Business Strategy and Operations - The company plans not to distribute cash dividends or issue new shares for 2024 due to a negative net profit[6]. - The company plans to enhance its product management system and central distribution center to improve SKU efficiency and core category operations, aiming for better regional product adaptation[31]. - The company is leveraging AI technology for deeper data mining and precision marketing, enhancing its online sales strategy across major e-commerce platforms[43]. - The company is focusing on a comfort-centric product strategy, aiming to revolutionize its shirt category through technological advancements and design collaborations[31]. - The company is committed to accelerating digital transformation through smart manufacturing and flexible supply chains to improve operational efficiency[103]. - The company is optimizing its channel structure by accelerating market penetration in key provinces and closing underperforming stores, while piloting a franchise model in non-key provinces[106]. - The company is implementing a new marketing strategy to enhance store performance, focusing on weekend promotions and various marketing activities to boost sales during off-peak seasons[107]. - The company is expanding its product matrix by focusing on core items and seasonal bestsellers, while also exploring AI-driven retail solutions to improve operational efficiency and customer experience[107]. - The company is enhancing its e-commerce strategy by focusing on self-operated channels and leveraging marketing activities to increase daily sales, while also developing a brand co-operation model with high-quality platforms[108]. - The company is targeting the professional clothing market by establishing strategic offices and enhancing its service capabilities to meet the needs of key clients in finance and government sectors[108]. Market and Industry Insights - The company achieved a revenue of CNY 12,699.15 billion in the apparel industry, representing a year-on-year growth of 2.76%[48]. - The retail sales of apparel products in China reached CNY 10,716.2 billion in 2024, with a year-on-year growth of only 0.1%, a decrease of 15.3 percentage points compared to 2023[46]. - The company’s loss ratio among large-scale enterprises in the apparel industry reached 20.07%, an increase of 1.03 percentage points from 2023[48]. - The company focuses on the new consumer groups represented by Generation Z and the new middle class, driving market vitality through innovative consumption scenarios[48]. - The outlook for the domestic apparel market is expected to improve, with a potential recovery in sales growth due to low base effects from 2024[102]. Product Development and Innovation - The company achieved cumulative sales of over 2 million units for its "Red Bean Zero Feel Comfortable Shirt," which has been recognized as the market leader in its category by Euromonitor[31]. - The company has launched innovative products such as "0 Sensation Comfortable Shirt" and "Comfortable Pants," which have received multiple international design awards[54]. - The company has upgraded to a 5G smart factory, enhancing its production capabilities and achieving a fully integrated digital management platform[51]. - The production efficiency improved by over 32% due to the implementation of a 5G fully connected factory[55]. - The inventory of finished products was reduced by 30% as a result of digital applications in production[55]. Corporate Governance and Compliance - The company adheres to strict corporate governance practices, ensuring compliance with relevant laws and regulations, and maintaining transparency in its operations[112]. - The company has implemented measures to protect insider information and prevent insider trading, ensuring compliance with regulatory requirements[114]. - The company has established an environmental management system certified under ISO 14001:2015, covering various products including suits and protective clothing[153]. - The company has committed to reducing and standardizing related party transactions, ensuring that necessary transactions are conducted at fair market prices to protect the interests of the company and its shareholders[157]. - The company guarantees the independence of its financial accounting department and will not share bank accounts with its controlling entities[158]. Shareholder and Management Information - The company reported a total of 4,033,786 shares held by director Zhou Hongjiang at the beginning and end of the year, with no change[118]. - Director Dai Minjun's shareholding decreased by 690,000 shares due to the cancellation of equity incentives[118]. - Director Wang Changhui increased his shareholding by 3,182,900 shares through secondary market purchases and equity incentive cancellations[118]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 4.6955 million yuan (pre-tax)[125]. - The independent director's allowance is set at 65,000 yuan per year (pre-tax)[125]. Employee and Workforce Management - The company has a total of 3,681 employees, with 1,092 in the parent company and 2,589 in major subsidiaries[138]. - The employee composition includes 1,062 production staff, 2,179 sales personnel, 117 technical staff, 76 financial staff, and 247 administrative staff[138]. - The company has established a salary performance management system that includes responsibility wage system, position performance wage system, and commission wage system[139]. - The training program focuses on enhancing skills related to sales, management capabilities, and sharing best practices, with 259 cases and methods extracted in 2024[141]. Future Outlook and Strategic Initiatives - Future outlook indicates a focus on market expansion and new product development, aiming for a revenue growth target of 10% for the next fiscal year[119]. - The company is investing in new technologies, particularly in smart manufacturing, to enhance operational efficiency and product quality[120]. - A strategic acquisition is planned to enhance the company's market position and expand its product offerings in the textile industry[120]. - The management team has emphasized the importance of sustainability in operations, aiming for a 20% reduction in carbon footprint by 2025[120]. - The company has successfully implemented a new ERP system to streamline operations, which is expected to reduce costs by 10% annually[120].

Financial Performance - The company's operating revenue for Q1 2025 was ¥554,212,568.43, a decrease of 14.78% compared to ¥650,334,848.99 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥30,194,490.56, compared to a profit of ¥41,233,806.83 in the previous year, indicating a significant decline[3] - For the period from the beginning of the year to the end of the reporting period, the total revenue was RMB 534.05 million, a decrease of 11.66% compared to the previous year[11] - Total operating revenue for Q1 2025 was ¥554.21 million, a decrease of 14.76% compared to ¥650.33 million in Q1 2024[23] - Net profit for Q1 2025 was a loss of ¥30.02 million, compared to a profit of ¥41.93 million in Q1 2024, representing a significant decline[24] - Operating profit for Q1 2025 was a loss of ¥35.22 million, contrasting with a profit of ¥48.05 million in Q1 2024[24] - Total comprehensive income for Q1 2025 was a loss of ¥22.68 million, compared to a gain of ¥41.41 million in Q1 2024[25] - Basic and diluted earnings per share for Q1 2025 were both -¥0.01, compared to ¥0.02 in Q1 2024[25] Cash Flow and Assets - The net cash flow from operating activities improved by 66.78%, reaching -¥35,683,593.36, compared to -¥107,426,018.29 in the previous year[3] - Cash flow from operating activities for Q1 2025 was a net outflow of ¥35.68 million, an improvement from a net outflow of ¥107.43 million in Q1 2024[28] - Cash and cash equivalents at the end of Q1 2025 stood at ¥907.08 million, down from ¥1,046.03 million at the end of Q1 2024[28] - The total current assets as of March 31, 2025, were RMB 1,913.36 million, down from RMB 2,121.39 million at the end of 2024[18] - The total liabilities decreased from RMB 1,775.37 million to RMB 1,579.79 million[20] Profitability and Margins - The gross profit margin decreased by 5.86%, leading to a reduction in gross profit of ¥32,472,000[5] - The gross profit margin for the overall business was 34.57%, down 8.21% year-on-year[11] - The revenue from direct stores was RMB 191.41 million, down 11.30% year-on-year, with a gross margin of 45.18%[13] Store Operations - The number of direct-operated stores for the HOdo men's clothing brand was 485 at the end of March 2025, down from 496 at the end of 2024[9] - The number of franchise stores decreased from 504 to 471, indicating a net closure of 12 stores in the same period[9] - The company reported a total of 956 stores at the end of March 2025, with a net decrease of 48 stores during the first quarter[9] Investments - The company invested RMB 1 million in Jiangsu Aiyuwen Robot Co., Ltd., acquiring a 5% stake, which will not significantly impact operations or performance[12] - The company also plans to invest RMB 600,000 in Wuxi Fuxin Robot Co., Ltd., representing 30% of the registered capital, with no significant impact expected on operations[14] Inventory and Expenses - The company reported a decrease in inventory from RMB 307.28 million to RMB 215.08 million year-on-year[18] - Research and development expenses for Q1 2025 were ¥4.93 million, a slight decrease from ¥5.21 million in Q1 2024[24] Taxation - The company reported a significant increase in tax expenses, with a tax benefit of -¥3.66 million in Q1 2025 compared to a tax expense of ¥5.12 million in Q1 2024[24] Market Strategy - The company is focusing on improving consumer confidence and demand to counteract the challenging external environment[5]

江苏红豆实业股份有限公司 专项说明 2024年度 公证天业会计师事务所（特殊普通合伙） Gongzheng Tianye Certified Public Accountants, SGP 中国．江苏．无锡 Wuxi．Jiangsu．China 总机：86（510）68798988 Tel：86（510）68798988 传真：86（510）68567788 Fax：86（510）68567788 电子信箱：mail@gztycpa.cn E-mail：mail@gztycpa.cn 江苏红豆实业股份有限公司 红豆股份公司管理层的责任是提供真实、合法、完整的相关资料，按照《上海 证券交易所股票上市规则》、《上海证券交易所上市公司自律监管指南第2号——业 务办理》的规定编制扣除情况表，并保证其内容真实、准确、完整，不存在虚假 记载、误导性陈述或重大遗漏。 三、注册会计师的责任 2024 年度营业收入扣除情况的专项核查意见 苏公W[2025]E1316号 江苏红豆实业股份有限公司全体股东： 为了更好地理解红豆股份公司2024年度营业收入扣除情况，扣除情况表应当与 已审的财务报表一并阅读。 二、管理层的责任 我们接 ...

江苏红豆实业股份有限公司 专项说明 2024年度 公证天业会计师事务所（特殊普通合伙） Gongzheng Tianye Certified Public Accountants, SGP 中国．江苏．无锡 Wuxi．Jiangsu．China 总机：86（510）68798988 Tel：86（510）68798988 传真：86（510）68567788 Fax：86（510）68567788 电子信箱：mail@gztycpa.cn E-mail：mail@gztycpa.cn 根据《上海证券交易所上市公司自律监管指引第 5 号-交易与关联交易》的要求， 红豆股份公司縖制了本专项说明所附的 2024 年度涉及财务公司关联交易的存款、贷款 等金融业务汇总表（以下简称汇总表）。 如实縖制和对外披露汇总表，并确保其真实、准确、合法及完整是红豆股份公司管 理层的责任。我们对汇总表所载资料与我们审计红豆股份公司 2024 年度财务报表时所 复核的会计资料和经审计的财务报表的相关内容进行了核对，在所有重大方面没有发现 不一致。除了对红豆股份公司实施 2024 年度财务报表审计中所执行的关联交易有关的 审计程序外，我 ...