Financial Performance - The company's operating revenue for the first half of 2021 was CNY 910,895,086.70, representing a 25.10% increase compared to CNY 728,125,227.84 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was CNY 108,181,780.47, a significant increase of 96.40% from CNY 55,082,042.54 year-on-year[20]. - The net profit after deducting non-recurring gains and losses reached CNY 99,968,037.52, up 155.76% from CNY 39,086,461.01 in the previous year[20]. - The basic earnings per share increased to CNY 0.28, doubling from CNY 0.14 in the same period last year, while diluted earnings per share rose to CNY 0.27, a 92.86% increase[22]. - The weighted average return on net assets improved to 4.62%, an increase of 2.83 percentage points compared to 1.79% in the previous year[22]. - The company achieved a sales revenue of 910 million yuan, an increase of 25.1% compared to the same period in 2020, and a net profit of 108 million yuan, up 96.4% year-on-year[34]. Cash Flow and Assets - The net cash flow from operating activities decreased significantly by 94.15% to CNY 8,176,207.48, compared to CNY 139,858,571.28 in the same period last year, primarily due to increased raw material inventory and shipping delays[20]. - The total assets of the company at the end of the reporting period were CNY 3,665,855,149.95, reflecting a 9.98% increase from CNY 3,333,216,417.58 at the end of the previous year[21]. - The company's net assets attributable to shareholders decreased by 4.97% to CNY 2,266,659,105.04 from CNY 2,385,142,728.26 at the end of the previous year[21]. - The company's inventory increased by 32.69% year-on-year, reaching approximately ¥571.12 million, influenced by rising raw material prices and shipping delays[45]. - The total current assets as of June 30, 2021, amounted to ¥1,599,023,841.03, an increase from ¥1,344,135,524.15 on December 31, 2020, representing a growth of approximately 18.9%[149]. Operational Developments - The sock business generated approximately 674 million yuan in sales revenue, a year-on-year growth of 27.6%, with a net profit of about 97.5 million yuan, reflecting a 114% increase[35]. - The seamless business reported sales revenue of approximately 237 million yuan, an 18.6% increase year-on-year, and a net profit of about 10.68 million yuan, up 11.5%[35]. - The company plans to expand its seamless production capacity by relocating some weaving machines from Shaoxing to Guizhou and has purchased 50 new seamless knitting machines[36]. - A new company, Guizhou Jiansheng Sportswear Co., Ltd., was established to add 1,000 sock machines, with the first phase of 440 machines expected to be operational in Q3[36]. Environmental Responsibility - The company emphasizes environmental responsibility, with a focus on reducing emissions and adhering to pollution discharge standards[65]. - The company has not experienced any environmental pollution incidents or received administrative penalties during the reporting period[65]. - The company’s wastewater discharge includes pollutants such as ammonia nitrogen and COD, with a total annual discharge limit of 39.96 tons for COD[67]. - The company’s environmental protection measures have been effective, with no exceedances in pollutant discharge limits reported[73]. - The company has established a wastewater treatment facility with a designed capacity of 800 m³/d, compliant with GB4287-2012 standards for textile dyeing and finishing industrial wastewater discharge[94]. Shareholder and Equity Information - The company completed a share buyback amounting to approximately ¥200 million in May 2021, with an additional buyback plan of up to ¥200 million currently in progress[39]. - The company completed the transfer of 14,863,209 shares to the second employee stock ownership plan at a price of 4.00 CNY per share, representing 3.57% of the total share capital[63]. - The company reported a total equity of CNY 2,348,479,737.64 at the end of the reporting period[184]. - The company distributed CNY 140,522,599.00 to shareholders during the reporting period[186]. - The company has a total of 14,863,209 shares held by the second phase employee stock ownership plan, accounting for 3.78%[142]. Risks and Challenges - The company is facing operational risks due to the ongoing impact of COVID-19, particularly in communication with clients and local employee recruitment in Vietnam[52]. - Rising labor costs in Vietnam are expected to equalize with inland China within 3-5 years, prompting the company to invest in automation projects to enhance productivity[51]. - The company is actively mitigating exchange rate risks through hedging strategies and expanding overseas production capacity to diversify risks[50]. Strategic Initiatives - The company has established partnerships with brands such as PUMA, DECATHLON, and UNIQLO, focusing on ODM and OEM services[30]. - The company has a global production base layout, with significant investments in Vietnam to leverage local labor cost advantages and tax policies[32]. - The company is actively optimizing its customer base, adjusting prices due to rising raw material costs, and has begun collaborations with new clients like HM and Li Ning[36].

Financial Performance - The company's operating revenue for the first half of 2021 was ¥910,895,086.70, representing a 25.10% increase compared to ¥728,125,227.84 in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2021 was ¥108,181,780.47, a significant increase of 96.40% from ¥55,082,042.54 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥99,968,037.52, which is a 155.76% increase compared to ¥39,086,461.01 in the same period last year[20]. - The basic earnings per share for the first half of 2021 was ¥0.28, doubling from ¥0.14 in the same period last year[21]. - The company achieved a sales revenue of 910 million yuan, an increase of 25.1% compared to the same period in 2020, and a net profit of 108 million yuan, up 96.4% year-on-year[34]. - Revenue increased by 25.10% year-on-year, reaching approximately ¥910.90 million, driven by an increase in customer orders[40]. - Operating costs rose by 14.66% to approximately ¥658.10 million, in line with revenue growth[40]. - R&D expenses grew by 26.10% to approximately ¥26.35 million, reflecting increased investment in research and development[41]. - The total profit for the first half of 2021 was ¥120,791,923.03, a 92.7% increase from ¥62,680,198.51 in the same period of 2020[157]. - The company reported a total comprehensive income of ¥81,401,615.70 for the first half of 2021, compared to ¥53,494,141.99 in the same period of 2020[158]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,665,855,149.95, reflecting a 9.98% increase from ¥3,333,216,417.58 at the end of the previous year[20]. - Total assets reached approximately ¥3.67 billion, with overseas assets accounting for 34.91% of total assets, approximately ¥1.28 billion[46]. - Current liabilities rose to CNY 1,193,595,482.74, compared to CNY 741,656,920.16, indicating an increase of about 61%[149]. - Total liabilities reached CNY 1,399,091,935.07, compared to CNY 947,862,243.43, indicating an increase of around 47%[150]. - The company reported a net loss of CNY 51,044,433.10, an improvement from a loss of CNY 157,502,730.40 in the previous period[154]. - The total current assets amounted to CNY 821,044,919.98, up from CNY 548,516,088.52, reflecting an increase of approximately 49%[153]. Cash Flow - The net cash flow from operating activities decreased significantly by 94.15% to ¥8,176,207.48, down from ¥139,858,571.28 in the previous year[20]. - The net cash flow from operating activities for the first half of 2021 was 8,176,207.48 RMB, a significant decrease of 94.1% compared to 139,858,571.28 RMB in the same period of 2020[163]. - Total cash inflow from operating activities increased to 995,018,492.63 RMB, up 17.0% from 850,494,406.86 RMB year-on-year[163]. - Cash outflow from operating activities rose to 986,842,285.15 RMB, an increase of 38.7% compared to 710,635,835.58 RMB in the previous year[163]. - The net cash flow from investing activities was -179,796,648.84 RMB, worsening from -59,481,948.07 RMB in the first half of 2020[163]. - Cash inflow from financing activities reached 916,436,858.24 RMB, a 94.0% increase from 472,019,204.18 RMB in the same period last year[163]. Inventory and Production - The company increased its raw material inventory by approximately ¥82 million due to rising prices, impacting cash flow[21]. - The company faced delays in shipping finished products due to maritime factors, resulting in an increase in inventory of approximately ¥45 million[21]. - The sock business generated approximately 674 million yuan in sales revenue, a year-on-year growth of 27.6%, with a net profit of about 97.5 million yuan, increasing by 114%[34]. - The seamless business reported sales revenue of approximately 273 million yuan, a growth of 18.6%, and a net profit of about 10.68 million yuan, up 11.5%[34]. - The company is expanding its seamless production capacity in Guizhou, with 50 new seamless knitting machines purchased during the reporting period[36]. Shareholder and Equity Information - The company completed a share buyback amounting to approximately ¥200 million in May 2021, with an additional buyback plan of ¥100 million to ¥200 million currently in progress[38]. - The company repurchased 14,863,209 shares at a price of 4.00 CNY per share, representing 3.57% of the total share capital[62]. - The total number of ordinary shareholders at the end of the reporting period was 10,267[138]. - The top shareholder, Zhang Maoyi, holds 147,462,262 shares, representing 37.53% of the total shares, with 74,290,000 shares pledged[140]. - The company distributed 140,522,599.00 RMB to shareholders, impacting retained earnings negatively[175]. Environmental Compliance - The company has not experienced any environmental pollution incidents or received administrative penalties during the reporting period[64]. - The company adheres to the pollution discharge standards, with no instances of exceeding emission limits reported[73]. - The company is committed to environmental protection, with no environmental pollution accidents reported during the reporting period[64]. - The company has established a wastewater treatment facility with a designed daily processing capacity of 1,000 tons since 2012[85]. - The company has implemented emergency response plans for environmental incidents, ensuring staff are trained in emergency measures[104]. Governance and Compliance - The company is committed to improving its governance structure, as evidenced by recent changes in its board and management personnel[58]. - The company has not experienced any violations of laws or regulations by its directors, supervisors, or senior management[127]. - The company has not issued any non-standard audit opinions in the previous annual report[126]. - The company has committed to preventing any direct or indirect competition with its subsidiaries[125]. - The company has taken measures to manage wastewater, waste gas, noise, and solid waste in accordance with environmental regulations[119].

Financial Performance - In 2020, the company achieved operating revenue of CNY 1,582,449,086.77, a decrease of 11.12% compared to CNY 1,780,368,877.71 in 2019[25] - The net profit attributable to shareholders was CNY -527,727,666.75, representing a decline of 293.09% from a profit of CNY 273,312,959.07 in the previous year[25] - The company's total assets decreased by 11.41% to CNY 3,333,216,417.58 at the end of 2020, down from CNY 3,762,635,799.12 in 2019[26] - The net cash flow from operating activities was CNY 259,450,931.01, a decrease of 26.05% compared to CNY 350,866,739.71 in 2019[25] - The company's net assets attributable to shareholders decreased by 21.76% to CNY 2,385,142,728.26 from CNY 3,048,721,188.23 in 2019[26] - Basic earnings per share for 2020 was -1.31 CNY, a decrease of 292.65% compared to 0.68 CNY in 2019[27] - The weighted average return on equity dropped to -19.81% in 2020, down 29.14 percentage points from 9.33% in 2019[27] - Total revenue for the fourth quarter of 2020 was 431,935,313.17 CNY, with a net profit attributable to shareholders of -586,032,537.57 CNY[29] - The company reported a cash flow from operating activities of 42,660,976.81 CNY in the fourth quarter of 2020[29] - The total revenue from overseas markets is CNY 1,355,951,784.59, reflecting a decrease of 11.31% compared to the previous year[58] - The company achieved a sales revenue of 1.582 billion yuan in 2020, a year-on-year decrease of 11.12%[52] - The net profit for the year was -527.73 million yuan, representing a decline of 293.09% compared to the previous year[52] Business Operations - The company operates primarily in the ODM and OEM business model, serving major brands such as PUMA, UNIQLO, and NIKE[37] - The total production capacity includes approximately 300 million pairs of cotton socks and over 22 million seamless garments annually[37] - The sock business generated sales revenue of 1.06 billion yuan, down 4.01% year-on-year, while the seamless business saw a revenue drop of 25.24% to 479 million yuan[47] - The company plans to continue focusing on the production of socks and seamless apparel while enhancing its vertical integration in the supply chain[51] - The company aims to accelerate the development of new customers, particularly in the seamless product segment, and expand investment in its Vietnam base[51] - The company plans to expand its seamless apparel production capacity by adding 1,200 million units annually, with an investment in 96 new seamless knitting machines in 2021[90] - The company aims to produce 60 million pairs of mid-to-high-end cotton socks and 3,500 tons of elastic yarns in 2021[91] - The company is targeting a production goal of 200 million pairs of cotton socks from its Vietnam facility in 2021[92] Profit Distribution and Shareholder Rights - The company plans not to distribute profits for 2020 due to the negative distributable profits of CNY -157,502,730.40 at the end of the year[7] - The company has established a cash dividend policy, committing to distribute at least 20% of the annual distributable profit to shareholders[98] - For the year 2020, the company did not propose any profit distribution due to a negative amount of distributable profit at the end of the period[100] - The company has a clear policy for profit distribution, prioritizing cash dividends while allowing for stock dividends under certain conditions[98] - The company aims to protect the rights of minority investors through its profit distribution policies[98] - The company’s board has approved the profit distribution plan, which is subject to shareholder approval[100] Environmental Responsibility - The company has not experienced any environmental pollution incidents during the reporting period and has not received any administrative penalties related to environmental protection[134] - The company has implemented strict monitoring of emissions, with a focus on maintaining compliance with environmental standards[141] - The company is committed to enhancing its environmental responsibility and sustainability practices in line with government policies[134] - The company has established a comprehensive environmental management system to ensure adherence to pollution discharge standards[134] - The company’s wastewater treatment meets the first-level B standard of the GB 18918-2002 for urban wastewater treatment plants[154] - The company has implemented odor control measures at the wastewater treatment station, achieving compliance with local standards for H2S and ammonia gas emissions[155] - The company has established a rainwater collection system to treat surface rainwater alongside wastewater, ensuring compliance with discharge standards[158] Shareholder Structure - The largest shareholder, Zhang Maoyi, holds 147,462,262 shares, representing 35.42% of the total shares[192] - The second-largest shareholder, Xia Kecai, owns 25,212,736 shares, accounting for 6.06% of the total shares[192] - Zhejiang Jiansheng Group Co., Ltd. holds 14,863,209 shares, which is 3.57% of the total shares[192] - Hangzhou Junda Investment Management Co., Ltd. has 14,100,000 shares, representing 3.39% of the total shares[193] - Hu Tianxing owns 8,640,000 shares, making up 2.08% of the total shares[193] - The total number of ordinary shareholders increased from 10,578 to 11,433 during the reporting period[190] - Zhang Maoyi is also the actual controller of the company, serving as the chairman and president[199] - There are no changes in the controlling shareholder or actual controller during the reporting period[196]

Financial Performance - Operating revenue rose by 11.26% to CNY 413,642,314.05 from CNY 371,765,886.04 in the same period last year[6] - Net profit attributable to shareholders decreased by 13.49% to CNY 47,377,660.10 compared to CNY 54,765,921.41 in the previous year[6] - Basic and diluted earnings per share decreased by 14.29% to CNY 0.12 from CNY 0.14 in the same period last year[6] - The company reported a net loss of CNY 158,150,235.52 for the period, compared to a loss of CNY 157,502,730.40 in the previous period[25] - Total operating revenue for Q1 2021 was ¥413,642,314.05, an increase of 11.3% compared to ¥371,765,886.04 in Q1 2020[26] - Net profit for Q1 2021 was ¥47,370,647.63, a decrease of 13.2% from ¥54,565,512.11 in Q1 2020[27] - The company reported a total comprehensive income of ¥51,638,949.15 for Q1 2021, compared to ¥56,318,963.23 in Q1 2020[28] Cash Flow - Cash flow from operating activities dropped by 56.27% to CNY 32,311,463.53 from CNY 73,895,875.19 year-on-year[6] - The net cash flow from operating activities decreased by 56.27% from CNY 73,895,875.19 to CNY 32,311,463.53, due to higher material payments[14] - The company reported a net cash outflow from operating activities of ¥1,588,763.06 in Q1 2021, compared to a net outflow of ¥373,261.81 in Q1 2020[31] - Operating cash inflow for Q1 2021 totaled CNY 506.94 million, a decrease from CNY 566.07 million in Q1 2020[34] - Total cash and cash equivalents at the end of Q1 2021 reached CNY 301.16 million, down from CNY 368.62 million at the end of Q1 2020[35] - The company experienced a net increase in cash and cash equivalents of CNY 84.83 million in Q1 2021, compared to an increase of CNY 208.99 million in Q1 2020[35] Assets and Liabilities - Total assets increased by 5.67% to CNY 3,522,248,269.52 compared to the end of the previous year[6] - Current liabilities rose to CNY 1,028,393,494.85, up from CNY 741,656,920.16, indicating an increase of about 38.78%[20] - Total liabilities reached CNY 1,233,594,320.54, up from CNY 947,862,243.43, indicating an increase of approximately 30.2%[20] - The company's equity attributable to shareholders decreased to CNY 2,288,449,515.56 from CNY 2,385,142,728.26, a decline of about 4.06%[20] - Non-current assets totaled CNY 2,033,953,134.98, compared to CNY 1,989,080,893.43, reflecting a growth of approximately 2.93%[19] Shareholder Information - The total number of shareholders reached 10,578 at the end of the reporting period[11] - The largest shareholder, Zhang Maoyi, holds 35.42% of the shares, with 73,460,000 shares pledged[11] Expenses - The company's sales expenses increased by 40.42% from CNY 10,116,407.86 to CNY 14,205,379.13, primarily due to higher consulting service fees[14] - Research and development expenses for Q1 2021 were ¥12,335,767.45, an increase from ¥11,619,330.83 in Q1 2020[26] Financial Assets and Investments - The company's trading financial assets decreased by 84.03% from CNY 4,626,517.50 to CNY 738,785.75 due to the fair value of unfulfilled forward foreign exchange contracts[13] - Investment income for Q1 2021 was ¥2,702,832.50, compared to a loss of ¥472,480.37 in Q1 2020[26] Other Financial Metrics - The weighted average return on equity increased by 0.21 percentage points to 1.99%[6] - The company reported a foreign exchange loss of ¥3,887,731.75 in Q1 2021, compared to a loss of ¥2,211,199.75 in Q1 2020[27]

Financial Performance - Net profit attributable to shareholders decreased by 74.38% to CNY 58,304,870.85 for the first nine months of the year[5] - Operating revenue for the first nine months was CNY 1,150,513,773.60, down 12.30% year-on-year[5] - Basic earnings per share dropped by 75% to CNY 0.14[6] - The weighted average return on equity decreased by 5.87 percentage points to 1.91%[6] - Total operating revenue for Q3 2020 was CNY 422,388,545.76, a decrease of 12.9% compared to CNY 484,924,694.56 in Q3 2019[23] - Net profit for the first three quarters of 2020 was CNY 1,150,513,773.60, down 12.3% from CNY 1,311,891,778.79 in the same period of 2019[23] - Net profit for Q3 2020 was approximately ¥3.17 million, down from ¥83.49 million in Q3 2019, representing a decline of 96.2%[26] - Total comprehensive income for Q3 2020 was approximately -¥25.27 million, compared to ¥118.68 million in Q3 2019, highlighting a substantial loss in overall financial performance[26] Assets and Liabilities - Total assets increased by 3.40% to CNY 3,890,672,199.71 compared to the end of the previous year[5] - Total liabilities as of September 30, 2020, were CNY 1,131,027,157.60, compared to CNY 901,818,414.42 at the end of 2019, reflecting a significant increase[21] - Cash and cash equivalents increased to CNY 356,483,952.38 from CNY 92,873,890.06 at the end of 2019, indicating improved liquidity[19] - The company’s total equity as of September 30, 2020, was CNY 2,396,743,432.83, a slight decrease from CNY 2,407,203,866.26 at the end of 2019[21] Cash Flow - Cash flow from operating activities decreased by 28.41% to CNY 216,789,954.19 compared to the same period last year[5] - Net cash flow from operating activities for the first nine months was CNY 216,789,954.19, down from CNY 302,829,605.96 in the previous year, indicating a decrease of about 28.4%[32] - Cash inflow from operating activities totaled CNY 1,323,773,342.17, while cash outflow was CNY 1,106,983,387.98, resulting in a net cash flow of CNY 216,789,954.19[32] - Cash flow from investing activities showed a net outflow of CNY 60,818,718.42, compared to a net outflow of CNY 139,414,540.13 in the same period last year[33] - Cash flow from financing activities resulted in a net outflow of CNY 5,898,268.52, a significant improvement from a net outflow of CNY 198,623,483.85 in the previous year[33] Shareholder Information - The total number of shareholders reached 10,871 by the end of the reporting period[9] - The largest shareholder, Zhang Maoyi, holds 35.42% of the shares, with 73,460,000 shares pledged[9] Investments and Expenses - Non-recurring gains and losses for the first nine months amounted to CNY 24,738,949.01, primarily from government subsidies[6] - Research and development expenses for Q3 2020 were approximately ¥648.63 thousand, indicating a focus on innovation despite overall revenue decline[28] - The company incurred credit impairment losses of approximately ¥2.42 million in Q3 2020, compared to a gain of ¥98.13 thousand in Q3 2019[28] Other Financial Metrics - Cash and cash equivalents increased by 69.98% to ¥529,866,354.61 from ¥311,717,919.01 due to an increase in investment bank deposits[11] - Other receivables decreased by 43.85% to ¥16,913,023.02 from ¥30,119,843.71, attributed to a reduction in export tax refunds[11] - Investment properties rose by 43.44% to ¥54,741,107.53 from ¥38,161,883.15 due to new rental properties added from Hangzhou Jiansheng Company[11] - Employee compensation payable decreased by 54.03% to ¥40,279,958.88 from ¥87,620,169.69 due to the release of year-end bonuses[12] - Deferred income tax liabilities decreased by 37.21% to ¥1,939,759.49 from ¥3,089,463.94 due to changes in the fair value of financial assets[12] Company Strategy - The company has not disclosed any new product developments or market expansion strategies in this report[5] - The company repurchased 14,863,209 shares at ¥4.00 per share, representing 3.57% of total shares outstanding, as part of the employee stock ownership plan[13] - The company plans to implement a second employee stock ownership plan with a lock-up period of 12 months starting from September 18, 2020[13]

Financial Performance - The company's operating revenue for the first half of 2020 was ¥728,125,227.84, a decrease of 11.95% compared to ¥826,967,084.23 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2020 was ¥55,082,042.54, down 61.72% from ¥143,900,414.73 in the previous year[18]. - The basic earnings per share for the first half of 2020 was ¥0.14, a decline of 61.11% from ¥0.36 in the same period last year[19]. - The diluted earnings per share also stood at ¥0.14, reflecting the same percentage decrease of 61.11% compared to the previous year[19]. - The weighted average return on net assets decreased by 3.21 percentage points to 1.79% from 5% in the previous year[20]. - The total assets at the end of the reporting period were ¥3,682,539,760.98, down 2.13% from ¥3,762,635,799.12 at the end of the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥39,086,461.01, a decrease of 67.17% from ¥119,042,944.30 in the same period last year[18]. - The company's sales revenue for the first half of 2020 was 728.125 million RMB, a decrease of 11.95% compared to the same period in 2019[39]. - Net profit for the reporting period was 55.08 million RMB, down 61.72% year-on-year[39]. - The cotton socks business maintained sales revenue of 528 million RMB, while seamless business revenue decreased by 33% to 200 million RMB[39]. Cash Flow and Financial Position - The net cash flow from operating activities increased by 16.72% to ¥139,858,571.28, compared to ¥119,826,295.63 in the same period last year[18]. - Operating cash flow increased by 16.72% to 139.86 million RMB, primarily due to increased government subsidies[39]. - The total cash and cash equivalents at the end of the period was CNY 235,653,352.00, slightly up from CNY 232,284,281.91 at the end of the previous year[124]. - The company received CNY 415,821,248.20 in cash from borrowings, an increase of 19.7% compared to CNY 347,158,363.14 in the first half of 2019[124]. - The company paid CNY 149,141,351.32 in dividends and interest, significantly higher than CNY 30,319,072.77 in the same period last year[124]. Market and Industry Context - The textile and apparel export from China saw a decline of 19.4% in the first half of 2020, reflecting the impact of the COVID-19 pandemic on the industry[24]. - The retail sales of textile and apparel in China dropped by 19.6% in the first half of 2020, indicating a challenging domestic market environment[24]. - The company aims to continuously develop high-quality clients while solidifying existing customer relationships in its four major markets: Japan, Europe, Oceania, and the United States[30]. Strategic Initiatives and Innovations - The company has established three major production bases in Vietnam, enhancing its competitive edge in the knitting and seamless garment manufacturing sector[28]. - The company launched a new fashion sportswear brand, JSC, targeting modern female consumers with a focus on style and comfort[29]. - The company holds 21 invention patents and 85 utility model patents, showcasing its strong technical capabilities and innovation[29]. - The company has established long-term strategic partnerships with international brands, with some collaborations lasting over ten years[30]. Environmental and Social Responsibility - The company has initiated HIGG FEM self-assessment and verification work to promote sustainable development across its factories[34]. - The company donated a total of 400,000 RMB to various organizations for COVID-19 pandemic prevention and poverty alleviation efforts during the reporting period[61]. - The company is committed to continuing its poverty alleviation efforts in line with government initiatives[64]. Corporate Governance and Compliance - The company did not report any significant risks or non-operational fund occupation by controlling shareholders[5]. - The company has committed to not transferring shares obtained from the transaction for 36 months after the issuance completion[50]. - The company has maintained good integrity, with no instances of failing to repay large debts or fulfill commitments[53]. - The company has not faced any major litigation or arbitration matters during the reporting period[53]. - The company has renewed the appointment of Tianjian Accounting Firm for the 2020 annual audit, with a one-year term[52]. Shareholder Information - Total number of common shareholders at the end of the reporting period was 12,670[95]. - The largest shareholder, Zhang Maoyi, holds 147,462,262 shares, representing 35.42% of total shares[97]. - The second-largest shareholder, Xia Kecai, holds 25,212,736 shares, representing 6.06% of total shares[97]. - The top ten shareholders collectively hold a significant portion of the company's shares, with the largest three shareholders alone accounting for over 45%[97]. Accounting and Financial Reporting - The financial statements are prepared based on the going concern assumption, with no significant doubts regarding the company's ability to continue operations for the next 12 months[143]. - The financial statements comply with the requirements of the enterprise accounting standards, accurately reflecting the company's financial position and operating results[145]. - The company recognizes financial assets and liabilities based on their classification, including those measured at amortized cost and fair value[155]. - The company applies foreign currency transaction translation methods, ensuring accurate reporting of foreign currency transactions and financial statements[154].

证券代码：603558 证券简称：健盛集团 公告编号：2020-028 浙江健盛集团股份有限公司 关于参加浙江辖区上市公司投资者网上集体接待日活动的公告 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个别及连带责任。 为进一步加强与投资者的互动交流工作，构建和谐投资者关系，浙江健盛集 团股份有限公司（以下简称"公司"）将参加由中国证监会浙江监管局指导、浙江 上市公司协会与深圳市全景网络有限公司共同举办的"凝心聚力 共克时艰"辖区 上市公司投资者网上集体接待日主题活动，现将有关事项公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网上 平台举行，投资者可以登录"全景·路演天下"网站（http://rs.p5w.net）参与 公司本次投资者网上接待日活动。网上互动交流时间为 2020 年 5 月 15 日（星期 五）下午 15:00 至 17:00。届时公司董事会秘书张望望先生、财务总监周万泳先生 及相关工作人员将采用网络远程方式，与投资者就公司治理、发展战略、经营状 况等投资者所关注的问题进行沟通。 欢迎广大投资者 ...

Financial Performance - Operating revenue for the period was CNY 371,765,886.04, representing a decrease of 7.79% year-on-year [5]. - Net profit attributable to shareholders was CNY 54,765,921.41, down 20.51% from the same period last year [5]. - Basic earnings per share decreased by 17.65% to CNY 0.14 [5]. - The weighted average return on equity fell by 0.63 percentage points to 1.78% [5]. - Total operating revenue for Q1 2020 was CNY 371,765,886.04, a decrease of 7.8% compared to CNY 403,189,271.27 in Q1 2019 [26]. - Net profit for Q1 2020 was CNY 54,565,512.11, representing a decline of 20.6% from CNY 68,712,899.57 in Q1 2019 [27]. - Basic earnings per share for Q1 2020 was CNY 0.14, down from CNY 0.17 in Q1 2019 [27]. - Operating profit for Q1 2020 was CNY 61,391,785.27, down 21.4% from CNY 78,133,262.34 in Q1 2019 [26]. - Other income for Q1 2020 was CNY 14,824,988.48, a decrease from CNY 18,464,057.82 in Q1 2019 [26]. - Comprehensive income for Q1 2020 totaled CNY 56,318,963.23, compared to CNY 50,861,971.28 in Q1 2019, showing an increase of 10.8% [27]. Cash Flow - Cash flow from operating activities increased significantly to CNY 73,895,875.19, a rise of 267.53% compared to the previous year [5]. - Cash inflow from operating activities for Q1 2020 was CNY 566,073,867.38, up from CNY 483,763,550.11 in Q1 2019, reflecting a growth of 17.0% [31]. - Total cash inflow from operating activities was 323,895,692.49 RMB, up from 255,117,379.18 RMB in the same period last year, reflecting a growth of approximately 26.9% [34]. - Cash outflow for purchasing goods and services increased to 355,251,411.01 RMB from 228,198,618.28 RMB, representing a rise of about 55.7% [34]. - The net cash flow from financing activities was 53,840,814.05 RMB, a significant improvement from 6,443,223.27 RMB in the previous year [35]. - Cash inflow from financing activities totaled 149,905,500.00 RMB, compared to 115,750,520.00 RMB in Q1 2019, marking an increase of approximately 29.5% [34]. - The company paid 2,459,264.82 RMB in dividends and interest during Q1 2020, down from 5,794,106.73 RMB in Q1 2019 [35]. Assets and Liabilities - Total assets at the end of the reporting period reached CNY 3,799,750,404.60, an increase of 0.99% compared to the end of the previous year [5]. - The company reported a total current asset of RMB 1,201,695,027.36 as of March 31, 2020, compared to RMB 1,179,999,438.17 at the beginning of the period [17]. - Current liabilities decreased to ¥685,850,172.68 from ¥704,698,051.04, showing a reduction of about 2.4% [18]. - Non-current liabilities totaled ¥8,020,816.20, down from ¥8,929,368.01, indicating a decrease of approximately 10.2% [19]. - The total liability of ¥693,870,988.88, down from ¥713,627,419.05, showing a decrease of about 2.6% [19]. - Shareholders' equity rose to ¥3,105,879,415.72 from ¥3,049,008,380.07, marking an increase of around 1.7% [19]. Shareholder Information - The total number of shareholders at the end of the reporting period was 12,407 [9]. - The largest shareholder, Zhang Maoyi, holds 35.42% of the shares, with 147,462,262 shares pledged [9]. - The company’s first employee stock ownership plan had 234 participants, with a total of 5,528,222 shares sold, representing 1.3278% of the total share capital [13]. Other Financial Metrics - The company reported non-recurring gains of CNY 9,700,278.31 for the period [7]. - Financial expenses showed a significant decrease of 159.43%, resulting in a net income of -RMB 3,011,729 compared to RMB 5,067,958 in the previous year [10]. - The company reported a decrease in research and development expenses to CNY 11,619,330.83 in Q1 2020 from CNY 10,301,968.53 in Q1 2019, indicating a 12.8% increase [26]. - The company experienced a financial expense of CNY -3,011,729.05 in Q1 2020, compared to CNY 5,067,958.75 in Q1 2019, indicating a significant improvement [26].

Financial Performance - The company achieved operating revenue of CNY 1,780,368,877.71, representing a year-on-year increase of 12.86%[23] - The net profit attributable to shareholders reached CNY 273,312,959.07, up 32.39% compared to the previous year[23] - The net cash flow from operating activities was CNY 350,866,739.71, reflecting a growth of 36.23% year-on-year[23] - The total assets of the company at the end of 2019 were CNY 3,762,635,799.12, an increase of 3.94% from the previous year[23] - The net assets attributable to shareholders amounted to CNY 3,048,721,188.23, which is a 5.77% increase compared to the end of 2018[23] - The basic earnings per share for 2019 was CNY 0.68, representing a 36.00% increase from CNY 0.50 in 2018[24] - The diluted earnings per share for 2019 was CNY 0.68, representing a 36% increase compared to CNY 0.5 in 2018[25] - The net profit attributable to shareholders for Q4 2019 was CNY 45,709,853.96, a decrease from CNY 83,702,690.38 in Q3 2019[26] - The total operating income for 2019 was CNY 2,080,369,877.71, with a quarterly breakdown showing Q1 at CNY 403,189,271.27, Q2 at CNY 423,777,812.96, Q3 at CNY 484,924,694.56, and Q4 at CNY 468,477,098.92[26] - The weighted average return on equity increased to 9.33% in 2019, up from 7.24% in 2018, marking a 2.09 percentage point increase[25] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 3.5 per 10 shares, totaling CNY 188,741,245.38 available for distribution to shareholders[6] - The company reported a net profit attributable to ordinary shareholders of RMB 273.31 million for 2019, with a cash dividend payout ratio of 51.41%[91] - In 2019, the company distributed a cash dividend of RMB 3.5 per 10 shares, totaling RMB 140.52 million[91] - The cash dividend for 2018 was RMB 0.5 per 10 shares, amounting to RMB 79.76 million, with a payout ratio of 38.63%[91] Operational Highlights - The company’s main business is the production of knitted sportswear, serving major global brands such as PUMA, UNIQLO, and NIKE[34] - The company operates production bases in multiple locations, including Vietnam, which has seen a 7.5% increase in textile exports in 2019 compared to 2018[35] - The production base in Vietnam saw a 30% increase in sock sales, reaching 146 million pairs in 2019[46] - The company completed the construction of the Jiangshan Industrial Park, with an annual production capacity of approximately 120 million pairs of cotton socks and over 3,000 tons of cotton yarn and nylon dyeing[50] - The company launched a new fashion sportswear brand, JSC, targeting modern female consumers with a focus on style and comfort[41] Market and Sales Performance - The average export price of socks increased from USD 0.351 per pair in 2018 to USD 0.354 per pair in 2019, reflecting a 1% increase[35] - The total export volume of socks in 2019 was 15.22 billion pairs, representing a 10% year-on-year growth[35] - The company exported 6.28 billion seamless garments in 2019, with an export value of 1.232 billion USD, reflecting a year-on-year decline of 1.92% and 3.34% respectively[37] - Online sales accounted for CNY 1,966,636.65 in revenue, with a gross margin of 45.84%, while offline sales generated CNY 1,758,891,850.01 with a gross margin of 29.17%[74] Research and Development - The company established a creative R&D center and hired a Korean design team, leading to an increase in ODM orders[51] - Research and development expenses increased by 24.27% to CNY 50,384,780.47, accounting for 2.83% of total revenue[62] - The total number of R&D personnel was 421, making up 4.92% of the company's total workforce[63] Risk Management and Future Strategies - The company emphasizes the importance of market conditions affecting its future development strategies and operational plans[7] - The company has detailed risk factors and countermeasures in its report, highlighting potential challenges in future growth[9] - The company has developed a three-year strategic plan (2020-2022) to guide future actions and set quantitative operational goals[44] - The company aims to transition from high-speed growth to high-quality development, focusing on R&D and smart manufacturing[81] Environmental Responsibility - The company has not experienced any environmental pollution incidents or received administrative penalties during the reporting period[133] - The company has implemented strict pollution discharge standards, with no instances of exceeding discharge limits reported[138] - The company has established a wastewater treatment facility with a daily processing capacity of 1,000 tons since 2012, ensuring compliance with GB 4287-2012 standards for textile dyeing and finishing industry wastewater discharge[142] - The company has achieved an average dust removal efficiency of 99% for its boiler dust removal facilities[147] Corporate Governance - The company held 3 shareholder meetings, 7 board meetings, and 6 supervisory meetings during the reporting period, all conducted in compliance with legal requirements[191] - The internal control self-assessment report was disclosed on March 11, 2020, indicating no significant deficiencies in internal controls during the reporting period[197] - The company did not have any independent directors raising objections to company matters during the reporting period[195] Shareholder Information - The company has a total of 11,736 ordinary shareholders at the end of the reporting period, an increase from 10,774 at the end of the previous month[164] - The largest shareholder, Zhang Maoyi, holds 147,462,262 shares, representing 35.42% of the total shares[167] - The second-largest shareholder, Xia Kecai, holds 25,212,736 shares, representing 6.06% of the total shares, with a lock-up period until August 31, 2020[168]