上海水星家用纺织品股份有限公司 2024年度独立董事述职报告（王弟海） 本人王弟海作为上海水星家用纺织品股份有限公司（以下简称"公司"）独 立董事，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 治理准则》《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 管指引第1号——规范运作》《上市公司独立董事管理办法》等相关法律法规和 《公司章程》《公司独立董事工作制度》等规定，在2024年履职期间，恪尽职守、 勤勉尽责，积极参与公司决策，出席相关会议，认真审议各项议案，充分发挥独 立董事的参谋与监督作用，为保证股东利益、提升公司价值发挥了重要作用。现 就2024年度工作情况报告如下： 一、独立董事基本情况 （一）个人基本情况 王弟海先生：中国国籍，无境外永久居留权，1972 年 12 月出生，研究生学 历。历任复旦大学经济学院讲师、副教授、教授。现任公司独立董事，复旦大学 经济学院经济学系主任、教授。 （二）独立性情况说明 本人作为公司的独立董事，具备独立性，不存在下列任何情形： 1、在公司或者其附属企业任职的人员及其直系亲属、主要社会关系（直系 亲属是指配偶、父母、子女等；主要社会关系是 ...

Financial Performance - The company's total revenue for Q1 2025 was CNY 925,792,425.59, representing a 1.20% increase compared to CNY 914,801,168.20 in the same period last year[3]. - Net profit attributable to shareholders decreased by 3.79% to CNY 89,782,507.62 from CNY 93,321,484.89 year-on-year[3]. - The basic earnings per share (EPS) fell by 5.56% to CNY 0.34 from CNY 0.36 in the same quarter last year[3]. - The net profit for the first quarter of 2025 was CNY 89,771,662.69, a decrease of 3.7% compared to CNY 93,321,484.89 in the first quarter of 2024[15]. - Operating profit for the first quarter of 2025 was CNY 106,767,399.52, slightly up from CNY 103,448,683.42 in the same period last year, reflecting a growth of 3.1%[15]. - Total revenue from sales of goods and services in the first quarter of 2025 reached CNY 1,060,422,099.15, compared to CNY 1,026,372,704.68 in the first quarter of 2024, indicating an increase of 3.3%[17]. - The total comprehensive income for the first quarter of 2025 was CNY 89,771,662.69, compared to CNY 93,321,484.89 in the first quarter of 2024, indicating a decrease of 3.7%[16]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at CNY -65,660,893.99, compared to CNY -8,789,561.98 in the previous year, indicating a significant decline in cash generation[3]. - The net cash flow from operating activities for the first quarter of 2025 was negative at CNY -65,660,893.99, worsening from CNY -8,789,561.98 in the first quarter of 2024[18]. - Investment activities generated a net cash flow of CNY 12,506,567.36 in the first quarter of 2025, a significant improvement compared to CNY -189,898,818.91 in the same period last year[18]. - The company's cash and cash equivalents stood at RMB 834,966,814.49 as of March 31, 2025, compared to RMB 893,932,732.90 at the end of 2024, a decrease of about 6.6%[10]. - The cash and cash equivalents at the end of the first quarter of 2025 stood at CNY 833,038,678.00, down from CNY 943,930,428.27 at the end of the first quarter of 2024[18]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,763,185,522.84, a decrease of 1.06% from CNY 3,803,391,455.45 at the end of the previous year[3]. - Total liabilities as of March 31, 2025, were RMB 688,221,043.86, down from RMB 825,810,545.39 at the end of 2024, showing a reduction of approximately 16.7%[12]. - The company's total equity as of March 31, 2025, was RMB 3,074,964,478.98, up from RMB 2,977,580,910.06 at the end of 2024, indicating an increase of about 3.3%[12]. Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 7,955[7]. - The largest shareholder, Mercury Holdings Group Co., Ltd., holds 41.04% of the shares, totaling 107,800,000 shares[7]. - The company's equity attributable to shareholders increased by 3.27% to CNY 3,074,924,450.55 from CNY 2,977,530,036.70 at the end of the previous year[3]. Operating Costs and Expenses - Total operating costs for Q1 2025 were RMB 838,548,390.61, compared to RMB 813,376,116.91 in Q1 2024, indicating an increase of about 3.1%[14]. - Operating costs included RMB 519,344,105.51 in operating expenses for Q1 2025, down from RMB 535,738,158.71 in Q1 2024, reflecting a decrease of approximately 3.1%[14]. - The company incurred sales expenses of CNY 244,336,280.57 in the first quarter of 2025, up from CNY 212,788,146.39 in the first quarter of 2024, reflecting an increase of 14.8%[15]. - Research and development expenses rose to CNY 19,722,523.41 in the first quarter of 2025, compared to CNY 17,927,291.52 in the first quarter of 2024, marking an increase of 10.0%[15]. Other Income and Future Outlook - Other income surged by 327.14%, primarily due to an increase in government subsidies received[5]. - The company reported a net profit margin improvement, with net profit for Q1 2025 expected to reflect operational efficiencies despite rising costs[14]. - Future outlook includes potential market expansion and new product development strategies aimed at enhancing revenue growth in upcoming quarters[14]. - The company reported a significant increase in prepayments by 38.27%, attributed to higher advance payments for goods and expenses[5].

Financial Performance - The company's operating revenue for 2024 was CNY 4,193,266,394.93, a decrease of 0.42% compared to CNY 4,210,912,053.70 in 2023[26] - The net profit attributable to shareholders for 2024 was CNY 366,652,090.24, down 3.28% from CNY 379,075,331.86 in 2023[26] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 333,457,110.70, an increase of 1.77% from CNY 327,673,282.40 in 2023[26] - Basic and diluted earnings per share for 2024 were CNY 1.40, a decrease of 2.78% from CNY 1.44 in 2023[27] - The weighted average return on equity decreased to 12.42% in 2024 from 13.37% in 2023, a decline of 0.95 percentage points[27] - The company achieved a gross margin of 42.96% in its e-commerce business, an increase of 3.19% compared to the previous year[53] - The gross margin for the wholesale business was 41.46%, an increase of 1.34 percentage points compared to the previous year[79] - The gross margin for the direct sales model was 52.86%, with a year-over-year decrease of 1.05%[82] Cash Flow and Assets - The net cash flow from operating activities for 2024 was CNY 515,551,780.62, up 4.58% from CNY 492,987,278.67 in 2023[26] - The total assets at the end of 2024 were CNY 3,803,391,455.45, an increase of 4.28% from CNY 3,647,155,297.02 at the end of 2023[26] - The net assets attributable to shareholders at the end of 2024 were CNY 2,977,530,036.70, up 1.11% from CNY 2,944,814,610.71 at the end of 2023[26] - The company reported a net cash flow from operating activities of CNY 508,200,541.42 in the fourth quarter, indicating strong cash generation[30] Dividends and Share Repurchases - The company plans to distribute a cash dividend of CNY 9 per 10 shares, totaling CNY 233,103,060.00, which accounts for 63.58% of the net profit attributable to shareholders[6] - The total amount of cash dividends and share repurchases for the year was CNY 355,066,245.49, representing 96.84% of the net profit attributable to shareholders[6] Market Position and Strategy - The company focuses on the home textile industry, maintaining a leading market position and emphasizing product innovation and quality[36] - The company is implementing a brand strategy of "Good Comfort, Choose Mercury," enhancing its core product categories[38] - The company is committed to technological innovation, developing health-oriented products with features like antibacterial and moisture-wicking capabilities[38] - The company maintains a multi-brand, all-channel sales strategy, balancing online and offline channels to enhance consumer reach[64] - The company is advancing digitalization and AI applications, establishing a supply chain cost transparency system and a data analysis model for production management[55] Research and Development - R&D expenses amounted to CNY 82,108,308.67, an increase of 5.52% from the previous year[66] - The company participated in the release of 36 standards, including leading the formulation of 3 group standards and participating in 3 national standards[70] - The company’s proprietary products, including the quiet antibacterial A-class white duck down quilt, received recognition as one of the top ten textile innovation products for 2024[66] Employee and Management Structure - The company has a total of 3,439 employees, with 1,158 in production, 1,606 in sales, and 228 in technical roles[156] - The company implemented a differentiated compensation mechanism based on performance contributions, with a focus on aligning salaries with market economic development[157] - The company has established a comprehensive training program that includes a digital learning platform to enhance employee skills and leadership development[159] - The overall composition of the board and management reflects a stable leadership structure, with no significant changes in shareholdings during the reporting period[127] Environmental and Social Responsibility - The company has invested ¥613.66 million in environmental protection during the reporting period[181] - The company has established a comprehensive environmental management system and has obtained ISO 14001 certification, demonstrating its commitment to environmental protection[186] - The company has implemented carbon reduction measures, successfully reducing carbon dioxide equivalent emissions by 1,250 tons during the reporting period[184] - The company has contributed 2.85 million yuan to poverty alleviation and rural revitalization projects, including educational support for five students in Honghe Prefecture, Yunnan[189] Governance and Compliance - The company has established a governance structure to enhance compliance and operational efficiency, focusing on sustainable development[177] - The company has not faced any penalties from securities regulatory authorities in the past three years[138] - The company guarantees to cover all costs and economic losses incurred by its subsidiaries due to labor and housing fund management department requirements[198] - The company reported that there are no non-operating fund occupations by controlling shareholders or related parties during the reporting period[199] Future Outlook - The company provided a future outlook, projecting a revenue growth of 10% for the next fiscal year, aiming for 1.32 billion RMB[130] - The company is considering strategic acquisitions to enhance its supply chain efficiency, with a budget of 100 million RMB allocated for potential deals[130] - The company plans to enhance its e-commerce platform, aiming for a 25% increase in online sales by the end of the next fiscal year[130] - The company anticipates further market expansion and product innovation in response to evolving consumer preferences in the home textile sector[105]

一、本次计提资产减值准备的情况 根据《企业会计准则》及公司会计政策等相关规定，基于谨慎性原则，公司 对合并报表范围内截至 2024 年 12 月 31 日的各类资产进行了全面检查和减值测 试，判断存在可能发生减值的迹象，因此对可能发生减值损失的相关资产计提了 相应的减值准备，确认信用减值损失及资产减值损失合计 2,313.51 万元。具体情 况如下： | 项目 | 年度计提金额（万元） 2024 | | --- | --- | | 一、信用减值损失 | -283.55 | | 其中：应收账款坏账损失 | -155.65 | | 其他应收款坏账损失 | -127.90 | | 二、资产减值损失 | 2,597.06 | | 其中：存货跌价损失及合同履约成本减值损失 | 2,597.06 | | 合计 | 2,313.51 | 本次计提资产减值准备的具体说明： 1、信用减值损失 证券代码：603365 证券简称：水星家纺 公告编号：2025-010 上海水星家用纺织品股份有限公司 关于计提资产减值准备及核销资产的公告 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 ...

关于上海水星家用纺织品股份有限公司 非经营性资金占用及其他关联资金往来情况 汇总表的专项审计报告 目 录 1、 专项审计报告 2、 附表 委托单位：上海水星家用纺织品股份有限公司 审计单位：立信会计师事务所（特殊普通合伙） 联系电话：021-23280000 上海水星家用纺织品股份有限公司 非经营性资金占用及其他关联资金 往来情况的专项报告 二〇二四年度 立信会计师事务所(特殊普通合伙) O CHINA SHU LUN PAN CERTIFIED PUBLIC ACCOUNTANTS L 关于上海水星家用纺织品股份有限公司 非经营性资金占用及其他关联资金往来情况 的专项报告 信会师报字[2025]第 ZA12584 号 上海水星家用纺织品股份有限公司全体股东: 我们审计了上海水星家用纺织品股份有限公司(以下简称"水星 家纺")2024年度的财务报表,包括 2024年 12月 31 目的合并及母公 司资产负债表、2024年度合并及母公司利润表、合并及母公司现金 流量表、合并及母公司所有者权益变动表和相关财务报表附注,并于 2025 年 4 月 28 日出具了报告号为信会师报字(2025)第 ZA12590 号的 ...

证券代码：603365 证券简称：水星家纺 公告编号：2025-014 （二）变更前公司采用的会计政策 上海水星家用纺织品股份有限公司 关于会计政策变更的公告 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： 上海水星家用纺织品股份有限公司（以下简称"公司"）本次会计政策 变更是根据财政部相关文件要求进行的合理变更，不会对公司财务状况、经营成 果和现金流量产生重大影响，不涉及以前年度的追溯调整，不存在损害公司及股 东利益的情况。 公司根据财政部颁布的相关会计准则解释做出的法定变更，无需公司董 事会、监事会和股东大会审议。 一、本次会计政策变更概述 （一）变更原因及日期 2024 年 12 月 06 日，财政部发布了《企业会计准则解释第 18 号》（财会〔2024〕 24 号），规定对不属于单项履约义务的保证类质量保证产生的预计负债，应当按 确定的金额计入"主营业务成本"和"其他业务成本"等科目，该解释规定自 印发之日起施行，允许企业自发布年度提前执行。公司自发布之日起执行该规定。 董 事 会 本次会计政策变更前， ...

（一）变更前公司采用的会计政策 本次会计政策变更前，公司执行财政部发布的《企业会计准则—基本准则》 和各项具体会计准则、企业会计准则应用指南、企业会计准则解释公告以及其他 相关规定。 上海水星家用纺织品股份有限公司 监事会关于会计政策变更的说明 一、本次会计政策变更概述 2024 年 12 月 06 日，财政部发布了《企业会计准则解释第 18 号》（财会〔2024〕 24 号），规定对不属于单项履约义务的保证类质量保证产生的预计负债，应当 按确定的金额计入"主营业务成本"和"其他业务成本"等科目，该解释规定自 印发之日起施行，允许企业自发布年度提前执行。公司自发布之日起执行该规定。 根据财政部对上述会计准则内容的规定及相关文件要求，上海水星家用纺织 品股份有限公司（以下简称"公司"）对原会计政策进行了相应的变更。 本次会计政策变更事项无需提交公司董事会、股东大会审议。 二、本次会计政策变更的具体情况及对公司的影响 监 事 会 （二）变更后公司采用的会计政策 本次会计政策变更后，公司按《企业会计准则解释第 18 号》（财会〔2024〕 24 号）要求执行。 除上述政策变更外，其余未变更部分公司仍按照财政部前期颁 ...

证券代码：603365 证券简称：水星家纺 公告编号：2025-009 上海水星家用纺织品股份有限公司 关于使用闲置自有资金进行委托理财的公告 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： 公司拟使用最高额度不超过人民币 9.0 亿元（含 9.0 亿元）闲置自有资金购 买理财产品，在上述额度内，资金可滚动使用。 （三）资金来源 公司暂时闲置的自有资金。 投资种类：市场信用级别较高、安全性高、流动性较好、风险可控的金 融工具，包括但不限于商业银行、证券公司、信托公司等金融机构发行的银行理 财、券商理财、信托理财等理财产品 投资金额：不超过人民币 9.0 亿元（含 9.0 亿元），在此额度内，资金可 滚动使用 已履行及拟履行的审议程序：已经公司第五届董事会第二十次会议、第 五届监事会第十八次会议审议通过 特别风险提示：公司拟购买市场信用级别较高、安全性高、流动性较好、 风险可控的委托理财产品，但金融市场波动较大，不排除该投资受宏观经济、政 策因素、投资市场波动等风险影响 一、投资情况概述 （一）投资目的 为了合理 ...

上海水星家用纺织品股份有限公司 2024年度审计委员会履职情况报告 上海水星家用纺织品股份有限公司（以下简称"公司"）董事会审计委员会 （以下简称"审计委员会"）根据《上市公司治理准则》《上海证券交易所上市 公司自律监管指引第1号——规范运作》《上海证券交易所股票上市规则》等相 关规范性文件，按照《上海水星家用纺织品股份有限公司章程》（以下简称《公 司章程》）、《董事会审计委员会工作细则》等规定，尽职尽责，积极开展工作， 充分发挥作用。现就2024年度工作情况报告如下： 一、审计委员会基本情况 2024年度，审计委员会由三名董事组成，分别为独立董事吴忠生先生、独立 董事王振源先生和董事李丽君女士，其中吴忠生先生为会计专业人士，担任主任 委员。 二、审计委员会年度会议召开情况 2024年度，公司共召开了4次审计委员会，会议的召集、提案、出席、议事、 表决、决议及会议记录均严格按照《中华人民共和国公司法》《公司章程》《董 事会审计委员会工作细则》等相关规定规范运作。 各委员充分发挥专业特长，对重大事项的讨论提供了有效的专业建议，并协 助董事会作出科学、高效的决策。具体召开情况如下： 委员姓名 应参加审计委员会会议 ...

上海水星家用纺织品股份有限公司（以下简称"公司"）于 2025 年 04 月 28 日召开第五届董事会第二十次会议、第五届监事会第十八次会议，审议通过了《关 于拟变更公司注册资本与修订<公司章程>并办理工商变更登记的议案》，具体情 况如下： 鉴于公司回购注销 2024 年限制性股票激励计划部分限制性股票，导致公司 股份总数减少 4 万股，该部分股份回购注销完成后，公司总股本将由 262,673,500 股减少至 262,633,500 股，注册资本将由人民币 262,673,500 元减少至人民币 262,633,500 元，《公司章程》相关条款应予以修订。具体如下： | 序号 | | 修订前 | | | | 修订后 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1 | 第六条 | 公司注册资本为人民币 | 26,267.35 | | 第六条 | 公司注册资本为人民币 | 26,263.35 | | | | 万元。 | | | | 万元。 | | | | | 2 | 第二十条 | 公司股份总数为 | 26,267.35 | 万 ...