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（吴忠生） 本人吴忠生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： 2、直接或间接持有公司已发行股份1%以上或者是公司前十名股东中的自然 人股东及其直系亲属； 3、在直接或间接持有公司已发行股份5%以上的股东单位或者在公司前五名 股东单位任职的人员及其直系亲属； 4、在公司实际控制人及其附属企业任职的人员； 5、为公司及其控股股东或者其各自的附属企业提供财务、法律、咨询等服 务的人员，包括提供服务的中介机构的项目组全体人员、各级复核人员、在报告 上签字的人员、合伙人及主要负责 ...

上海水星家用纺织品股份有限公司 （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；主要社会关系是指兄弟姐妹、岳父母、儿媳女婿、 兄弟姐妹的配偶、配偶的兄弟姐妹等）； 2、直接或间接持有公司已发行股份1%以上或者是公司前十名股东中的自然 人股东及其直系亲属； 2024年度独立董事述职报告（王振源） 本人王振源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、独立董事的基本情况 （一）个人基本情况 王振源先生：中国 ...

上海水星家用纺织品股份有限公司 董 事 会 2025 年 04 月 28 日 公司在任独立董事王振源先生、吴忠生先生和王弟海先生均能够胜任独立董 事的职责要求，其未在公司担任除独立董事以外的任何职务，也未在公司主要股 东公司担任任何职务，与公司以及主要股东之间不存在利害关系或其他可能妨碍 其进行独立客观判断的关系，不存在影响独立董事独立性的情况，符合《上市公 司独立董事管理办法》《上市公司自律监管指引第 1 号——规范运作》等法律法 规、规范性文件及《公司章程》中关于独立董事的任职资格及独立性的相关要求。 上海水星家用纺织品股份有限公司 董事会关于独立董事2024年度独立性情况的专项意见 根据《上市公司独立董事管理办法》《股票上市规则》《上市公司自律监管 指引第 1 号——规范运作》等规范性文件的要求，结合独立董事出具的《独立董 事关于独立性的自查报告》，就上海水星家用纺织品股份有限公司（以下简称"公 司"）在任独立董事的独立性情况进行评估并出具如下专项意见： ...

上海水星家用纺织品股份有限公司 章 程 二○二五年四月 上海水星家用纺织品股份有限公司章程（2025 年 04 月修订） 目 录 第 1页 第一章 总则 第二章 经营宗旨和范围 第三章 股份 第一节 股份发行 第二节 股份增减和回购 第三节 股份转让 第四章 股东和股东大会 第一节 股东 第二节 股东大会的一般规定 第三节 股东大会的召集 第四节 股东大会的提案与通知 第五节 股东大会的召开 第六节 股东大会的表决和决议 第五章 董事会 第一节 董事 第二节 董事会 第六章 总裁及其他高级管理人员 第七章 监事会 第一节 监事 第二节 监事会 第八章 财务会计制度、利润分配和审计 第一节 财务会计制度 第二节 利润分配 第三节 内部审计 第四节 会计师事务所的聘任 第九章 通知与公告 第一节 通知 第二节 公告 第十章 合并、分立、增资、减资、解散和清算 第一节 合并、分立、增资和减资 第二节 解散和清算 第十一章 修改章程 第十二章 附则 上海水星家用纺织品股份有限公司章程（2025 年 04 月修订） 上海水星家用纺织品股份有限公司 章程（2025 年 04 月修订） 第一章 总则 第一条 为维护上海水星 ...

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 ...