二、董事会会议审议情况 经与会董事逐项审议，会议通过了如下议案： 证券代码：603600 股票简称：永艺股份 公告编号：2023-054 永艺家具股份有限公司 第四届董事会第十七次会议决议公告 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个别及连带责任。 一、董事会会议召开情况 永艺家具股份有限公司（以下简称"公司"）第四届董事会第十七次会议于 2023 年 8 月 28 日在公司会议室以现场结合通讯方式召开。本次董事会会议通知 于 2023 年 8 月 18 日以电话和书面方式发出。会议应出席董事 7 名，实际出席董 事 7 名。会议由张加勇先生主持，公司监事、高级管理人员列席会议。本次会议 的召集和召开程序符合《公司法》等相关法律法规及《公司章程》的有关规定， 会议决议合法、有效。 内容详见上海证券交易所网站（www.sse.com.cn），公告编号：2023-056。 公司独立董事对本议案发表了独立意见，内容详见上海证券交易所网站 （www.sse.com.cn）。 （三）审议通过《关于聘任公司副总经理的议案》 （一） 审议通过 ...

证券代码：603600 股票简称：永艺股份 公告编号：2023-057 永艺家具股份有限公司 经永艺家具股份有限公司（以下简称"公司"）第四届董事会第十七次会 议审议通过，同意聘任孔航新先生为公司副总经理，任期自董事会审议通过之 日起至本届董事会任期届满之日止。独立董事对公司聘任副总经理事项发表了 同意的意见。 孔航新先生未在公司股东单位任职，不存在不得提名为高级管理人员的情形， 未受过中国证监会及其他有关部门的处罚和证券交易所纪律处分，不存在因涉嫌 犯罪被司法机关立案侦查或涉嫌违法违规被中国证监会立案稽查的情形；与持有 公司 5%以上股份的股东、实际控制人、公司其他董事、监事和高级管理人员不存 在关联关系；截至 2023 年 8 月 28 日，未持有公司股份；不是失信被执行人；符 合有关法律、行政法规、部门规章、规范性文件、《股票上市规则》及上海证券 交易所其他相关规定等要求的任职资格。 特此公告。 永艺家具股份有限公司董事会 2023 年 8 月 30 日 附：孔航新先生简历 孔航新，男，1980 年 12 月出生，中国国籍，无境外永久居留权，本科学 历。曾任冠捷电子(福建)有限公司质量工程师、开发项目经 ...

证券代码：603600 股票简称：永艺股份 公告编号：2023-036 永艺家具股份有限公司 关于召开 2022 年度业绩说明会的公告 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。 重要内容提示： 问题征集：投资者可在 2023 年 5 月 12 日（星期五）17:00 前将相关问 题通过电子邮件的形式发送至永艺家具股份有限公司（以下简称"公司"）邮箱： ue-ir@uechairs.com，公司将在 2022 年度业绩说明会（以下简称"业绩说明会"） 上对投资者普遍关注的问题进行回答。 公司已于 2023 年 4 月 28 日在上海证券交易所网站（www.sse.com.cn）披 露公司《2022 年年度报告》及《2022 年年度报告摘要》，为使广大投资者更加全 面、深入地了解公司经营情况，本公司拟于 2023 年 5 月 16 日（星期二）下午 15:00-16:00 召开业绩说明会，就投资者普遍关心的问题进行交流。 一、 说明会类型 会议召开时间：2023 年 5 月 16 日 （星期二）15：00-16:00 ...

2023 年第一季度报告 证券代码：603600 证券简称：永艺股份 永艺家具股份有限公司 2023 年第一季度报告 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 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整，不存 在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 公司负责人、主管会计工作负责人及会计机构负责人（会计主管人员）保证季度报告中财务信息 的真实、准确、完整。 第一季度财务报表是否经审计 □是 √否 一、 主要财务数据 (一)主要会计数据和财务指标 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期比上年同期增减 变动幅度(%) | | | --- | --- | --- | --- | | 营业收入 | 696,709,360.20 | | -30.90 | | 归属于上市公司股东的净利润 | 51,727,076.08 | | 9.46 | | 归属于上市公司股东的扣除非经常 | 35,200,355.25 | | -19.36 | | 性 ...

Financial Performance - The company's operating revenue for 2022 was approximately ¥4.06 billion, a decrease of 12.95% compared to ¥4.66 billion in 2021[23]. - Net profit attributable to shareholders increased by 84.86% to approximately ¥335.21 million from ¥181.33 million in 2021[23]. - The basic earnings per share rose by 85.00% to ¥1.11 in 2022, compared to ¥0.60 in 2021[24]. - The weighted average return on equity increased by 8.26 percentage points to 20.98% in 2022 from 12.72% in 2021[24]. - Cash flow from operating activities surged by 390.96% to approximately ¥738.68 million, up from ¥150.46 million in 2021[23]. - The company's net assets attributable to shareholders increased by 21.67% to approximately ¥1.76 billion at the end of 2022, compared to ¥1.45 billion at the end of 2021[23]. - Total assets decreased by 7.25% to approximately ¥2.99 billion at the end of 2022, down from ¥3.22 billion at the end of 2021[23]. - The net profit after deducting non-recurring gains and losses was approximately ¥242.46 million, an increase of 74.30% from ¥139.11 million in 2021[23]. - The company achieved an annual revenue of 4.055 billion RMB, a year-on-year decrease of 12.95%, significantly lower than the industry average decline of 30.15%[72]. - The gross profit margin for overall sales was 19.28%, reflecting a decrease of 4.60 percentage points year-on-year[103]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 3.50 per 10 shares based on the number of shares entitled to distribution on the record date for the 2022 profit distribution plan[5]. - The total cash dividend amount for the 2022 fiscal year is projected to be RMB 105,286,311.90, which represents 31.41% of the net profit attributable to ordinary shareholders in the consolidated financial statements[167]. - The company maintains a stable cash dividend policy, emphasizing long-term benefits for all shareholders and sustainable development[164]. Audit and Compliance - The company received a standard unqualified audit report from Tianjian Accounting Firm for the fiscal year 2022[4]. - The company has maintained a consistent financial reporting process, ensuring the accuracy and completeness of its annual report[4]. - The internal control audit report issued by Tianjian Accounting Firm confirmed the effectiveness of the company's internal controls with a standard unqualified opinion[173]. - The company has confirmed compliance with the conditions for non-public issuance of shares as per the Company Law and Securities Law[191]. - The company has not faced any administrative penalties or public reprimands from the China Securities Regulatory Commission in the past thirty-six months[191]. Research and Development - The company invested CNY 160.74 million in R&D during the reporting period and applied for 290 patents, including 6 invention patents, 131 utility model patents, and 93 design patents[33]. - The company invested over 3% of its sales revenue annually in R&D innovation, collaborating with top experts and institutions to develop over 10 key ergonomic technologies[62]. - The number of R&D personnel is 484, accounting for 8.33% of the total workforce[88]. - New product development initiatives are underway, with an investment of 116.32 million allocated for R&D in 2022, which is a 62% increase from the previous year[138]. Market Strategy and Expansion - The company focused on expanding its domestic market presence by enhancing its brand system and optimizing its online and offline sales channels, resulting in rapid growth in its offline self-operated channel business[36]. - The company aims to achieve "number one or two" market share in mainstream markets and customer penetration, leveraging its production base in Vietnam to expand its market share in the US and other regions[66]. - The company has expanded its market presence to over 70 countries and regions, establishing long-term strategic partnerships with global brands such as HON, IKEA, and Office Depot[65]. - The company is committed to expanding its overseas production capacity, with manufacturing bases in China, Vietnam, and Romania to mitigate international trade risks and improve market share[117]. Operational Efficiency - The company implemented cost reduction and efficiency enhancement measures, completing over 2,700 improvement projects throughout the year, effectively lowering operational costs[37]. - The company has established a digital supply chain management platform, achieving a supplier reach rate of over 90% and a timely delivery rate of 95%[38]. - The company adopted a "number one or two" strategy for major clients, enhancing value marketing and increasing business share among key customers[34]. - The company initiated a lean transformation project, effectively reducing inventory turnover days and improving cash flow management through supply chain financial projects[37]. - The company has implemented a comprehensive quality assurance system, including a certified testing center with capabilities for various international standards, enhancing product quality management[69]. Governance and Management - The company has established a robust investor relations management system to protect the rights of minority shareholders[134]. - The company’s governance structure complies with the regulations set forth by the China Securities Regulatory Commission, ensuring no significant discrepancies[134]. - The company has a structured approach to employee training, including internal and external training programs, to optimize talent development[162]. - The company has established a comprehensive governance framework with a mix of independent and non-independent directors[144]. Environmental and Social Responsibility - The company invested approximately 3.39 million RMB in environmental protection during the reporting period[175]. - The company generated about 6.31 million kWh of electricity from its photovoltaic power stations, with 4.78 million kWh used for self-consumption[179]. - The company implemented carbon reduction measures that resulted in a decrease of 8,824 tons of CO2 equivalent emissions[178]. - The company is recognized as a national-level green factory, emphasizing sustainable practices in its manufacturing processes[69]. Risks and Challenges - The company has experienced significant fluctuations in the RMB/USD exchange rate, which has impacted its financial performance, necessitating careful management of foreign currency exposure[124]. - The company plans to enhance market expansion efforts and accelerate the development of new products to mitigate risks from international economic downturns and trade frictions[123]. - The company will utilize foreign exchange hedging tools to manage risks associated with currency fluctuations, particularly given the significant foreign currency transactions involved in its export business[125].

证券代码：603600 证券简称：永艺股份 永艺家具股份有限公司 投资者关系活动记录表（2021 年度业绩说明会） 编号：2022-001 | --- | --- | --- | |-------------------|----------------------------------------------------------------|---------------------------------------------------------------------------------------| | | | □特定对象调研 □分析师会议 | | 投资者关系活动类 | | □媒体采访 √业绩说明会 | | 别 | □新闻发布会 □路演活动 | | | | □现场参观 □电话会议 | | | | □网络会议 | □其他 | | 参与机构 | 参加公司 2021 | 年度业绩说明会的投资者 | | 时间 | 2022 年 5 月 18 | 日（星期三） 15:00-16:00 | | 地点 | （ | 网 络 互 动 平 台 ： 同 花 顺 " 同 顺 路 演 平 台 " https:/ ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 2.21 billion, a decrease of 8.04% compared to the same period last year[21]. - The net profit attributable to shareholders for the first half of 2022 was approximately CNY 136.42 million, an increase of 19.67% year-on-year[21]. - The basic earnings per share for the first half of 2022 was CNY 0.45, representing an increase of 18.42% year-on-year[22]. - The company achieved operating revenue of CNY 2.21 billion, a year-on-year decrease of 8.04%[68]. - The net profit attributable to shareholders reached CNY 136 million, an increase of 19.67% year-on-year[68]. - The company reported a total comprehensive income of CNY 159,228,008.84, compared to CNY 112,909,037.01 in the same period last year, marking a significant increase[146]. - The net profit for the first half of 2022 was CNY 106,730,884.40, an increase from CNY 78,930,795.86 in the same period of 2021, representing a growth of approximately 35.3%[149]. - Operating profit for the first half of 2022 reached CNY 112,771,071.41, compared to CNY 84,592,696.67 in the previous year, indicating a year-on-year increase of about 33.3%[149]. Cash Flow and Assets - The net cash flow from operating activities increased significantly by 262.15% to approximately CNY 315.51 million compared to the previous year[21]. - The total assets at the end of the reporting period were approximately CNY 3.06 billion, a decrease of 4.94% from the end of the previous year[21]. - The company reported a significant increase in cash flow from operating activities, generating a net amount of CNY 315,511,860.73, significantly up from CNY 87,120,903.73 in the first half of 2021, marking a growth of approximately 262.5%[151]. - The cash flow from investing activities showed a net outflow of CNY 112,907,847.58, worsening from a net outflow of CNY 74,240,259.01 in the first half of 2021[152]. - The total cash and cash equivalents at the end of the period stood at CNY 369,837,158.41, down from CNY 578,039,362.80 at the end of the first half of 2021[152]. - The company reported a decrease in cash received from sales and services, totaling CNY 2,483,016,120.00, compared to CNY 2,689,848,119.38 in the previous year, a decline of approximately 7.7%[151]. Research and Development - The company invests over 3% of its sales revenue annually in R&D, collaborating with top experts and institutions globally to innovate in ergonomic technologies[58]. - R&D expenses amounted to CNY 70.49 million, with 138 patents applied for during the reporting period[69]. - Research and development expenses rose to CNY 70,486,927.56, an increase of 17.06% from CNY 60,127,382.02 in the first half of 2021[144]. Market and Industry Trends - The company focuses on the research, design, and manufacturing of health furniture, aiming to become a global leader in health seating systems[29]. - The furniture industry in China is transitioning towards high-quality development, focusing on green, intelligent, and environmentally friendly products[39]. - The domestic office chair market is projected to grow from 28.1 billion RMB in 2021 to 37.6 billion RMB by 2026, indicating significant market potential[46]. - The penetration rate of functional sofas in the domestic market is only about 14%, indicating substantial growth potential in this segment[54]. - The global massage equipment market size was $17.3 billion in 2021, with a projected CAGR of approximately 9% from 2021 to 2026[55]. Strategic Initiatives - The company has established long-term strategic partnerships with well-known domestic and international retailers and brands, emphasizing the development of its own brand business[33]. - The company has implemented a smart manufacturing vision, optimizing internal operations through various management systems, including BLM and SAP[33]. - The company is expanding its international market presence through ODM models, targeting regions such as North America, Europe, and Australia[37]. - The company has adopted a centralized procurement strategy, optimizing its supply chain and reducing procurement risks[35]. Risks and Challenges - The company faces risks from international macroeconomic downturns, trade frictions, and raw material price fluctuations, which could impact business growth[83][84][86]. - The company is exposed to foreign exchange risks due to significant foreign currency settlements, with potential impacts from fluctuations in the RMB/USD exchange rate and changes in export tax rebate policies[87]. Corporate Governance and Compliance - The company has committed to not transferring or entrusting the management of its shares for 36 months post-IPO, with a two-year lock-up period after that[104]. - The company has established a compensation fund to protect the interests of small and medium investors[106]. - The company has not reported any major litigation or arbitration matters during the reporting period, indicating a stable legal standing[112]. - The company has maintained a good integrity status, with no significant debts or court judgments outstanding during the reporting period[112]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 15,382[124]. - The largest shareholder, Yongyi Holdings Co., Ltd., holds 25.72% of the shares, totaling 77,812,500 shares[126]. - The company did not complete the public issuance of convertible bonds within the approval period, which has now expired without significant impact on operations[119].

Financial Performance - The company achieved operating revenue of CNY 4.66 billion in 2021, a year-on-year increase of 35.67%[20]. - The net profit attributable to shareholders was CNY 181.33 million, a decrease of 22.01% compared to 2020[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 139.11 million, down 29.73% year-on-year[20]. - The company's total assets at the end of 2021 were CNY 3.22 billion, an increase of 0.84% from the previous year[20]. - The company's net cash flow from operating activities was CNY 150.46 million, a decrease of 10.14% from 2020[20]. - The company's total operating costs increased by 43.78% to CNY 3,817,529,365.29, with material costs constituting 77.85% of total costs[95]. - The company's revenue from the furniture manufacturing industry was CNY 4,601,340,474.60, with a gross margin of 17.32%, reflecting a decrease of 4.44 percentage points compared to the previous year[91]. - The revenue from office chairs amounted to CNY 3,135,661,248.10, with a gross margin of 18.42%, down by 4.76 percentage points year-on-year[91]. - The company's sales expenses rose by 62.78% to RMB 161 million, driven by growth in cross-border e-commerce business[87]. - The company reported a significant increase in tax refunds received, which rose by 62.15% year-on-year to 309,886,918.23 CNY, linked to higher export volumes[101]. Governance and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm, ensuring the authenticity and completeness of the financial report[4]. - The company has confirmed that all board members attended the board meeting, ensuring governance transparency[4]. - The financial report is prepared in accordance with the Company Law and Securities Law of the People's Republic of China, ensuring legal compliance[11]. - The company has not faced any situations where more than half of the directors cannot guarantee the authenticity of the annual report[7]. - The company’s governance practices comply with relevant laws and regulations, ensuring transparency in decision-making[157]. - The company has established a relatively sound modern enterprise system and a complete corporate governance structure without major defects or irregularities during the self-inspection of governance issues for the years 2018, 2019, and 2020[196]. Risk Management - The report includes a risk statement, highlighting potential risks that investors should be aware of regarding future plans and strategies[6]. - The company is addressing the impact of rising raw material prices and currency appreciation through centralized procurement and hedging strategies[34]. - The company has not violated decision-making procedures for external guarantees, indicating compliance with regulations[7]. Research and Development - The company invested CNY 159.53 million in R&D during the reporting period, applying for 201 patents[28]. - The company invests over 3% of its sales revenue annually in research and development, focusing on ergonomic design and health-oriented technology[76]. - The company’s R&D expenses increased by 38.04% to RMB 159 million, reflecting a commitment to enhancing product development capabilities[88]. - The number of R&D personnel was 515, representing 6.47% of the total workforce[100]. Market Expansion and Strategy - The company is actively developing cross-border e-commerce, contributing to the overall growth of its sales revenue[32]. - The company is optimizing its global layout and expanding overseas production capacity, with a focus on localizing supply chains and reducing procurement costs[33]. - The company is committed to expanding its overseas production capacity, particularly in Vietnam and Romania, to mitigate international trade risks and enhance market share[141]. - The company aims to achieve a "number one or two" position in major markets by deepening customer relationships and expanding its sales team[141]. - The company plans to enhance its domestic market strategy by increasing brand investment and optimizing online and offline channels to capture consumer mindshare[140]. Environmental and Social Responsibility - The company has a strong commitment to environmental and social responsibility, as outlined in the report[5]. - The company is recognized as a national green supply chain management enterprise, emphasizing its commitment to sustainable practices[83]. - The company strictly complies with various environmental protection laws and regulations, ensuring that pollution control facilities operate normally and meet discharge standards[199]. - The company has developed green low-carbon design specifications for major components and structures, utilizing lightweight, modular, integrated, and intelligent design technologies[200]. Shareholder and Management Information - The company plans to distribute a cash dividend of RMB 2.20 per 10 shares based on the profit distribution plan for the year 2021, subject to approval at the annual shareholders' meeting[5]. - The total remuneration for the chairman and general manager, Zhang Jiayong, was 1.67 million CNY[159]. - The company’s independent directors received a total remuneration of 8.51 million CNY each[159]. - The company held four shareholder meetings in 2021, all resolutions were approved without any dissenting opinions[155]. Product Development and Innovation - The company has established a comprehensive supply chain management system, enhancing procurement efficiency and reducing risks through strategic partnerships with suppliers[71]. - The company is focusing on green and low-carbon transformation in line with national policies to optimize industrial structure and improve resource efficiency[109]. - The company aims to become a global leader in the "sitting health" system market, focusing on high-quality development and expanding its product categories in health furniture[136]. - The company plans to implement lean production and local supply chain development to optimize costs and enhance manufacturing capabilities[141].

Financial Performance - The company's operating revenue for Q1 2022 was ¥1,008,252,443.09, representing a decrease of 5.46% compared to the same period last year[4] - The net profit attributable to shareholders was ¥47,256,583.39, down 13.55% year-on-year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥43,652,903.63, an increase of 2.96%[4] - The basic earnings per share were ¥0.16, reflecting an 11.11% decrease[4] - Net profit for Q1 2022 was CNY 48,031,916.46, a decline of 13.4% compared to CNY 55,406,868.58 in Q1 2021[16] - Earnings per share for Q1 2022 were CNY 0.16, down from CNY 0.18 in Q1 2021[17] - The weighted average return on equity was 3.21%, a decrease of 0.64 percentage points[4] Cash Flow - The net cash flow from operating activities increased significantly by 199.22%, amounting to ¥54,331,986.84[4] - Cash flow from operating activities in Q1 2022 was CNY 1,229,135,007.01, a decrease of 9.4% from CNY 1,357,254,096.69 in Q1 2021[18] - The net cash flow from operating activities was 54,331,986.84, an increase from 18,157,790.97 in the previous year[19] - The total cash outflow from operating activities amounted to 1,174,803,020.17, compared to 1,339,096,305.72 in the prior year[19] - The cash and cash equivalents at the end of the period were 281,321,107.67, down from 414,449,694.37 in the previous year[20] Assets and Liabilities - Total assets at the end of the reporting period were ¥2,982,503,299.04, a decrease of 7.39% from the end of the previous year[5] - The company's current assets totaled RMB 1,712,175,031.86, down from RMB 1,959,745,797.24, indicating a decrease of about 12.61%[13] - The company's total liabilities were not explicitly stated, but current liabilities included accounts payable of RMB 572,914,145.87, down from RMB 789,649,885.27, a decrease of approximately 27.5%[13] - Total liabilities decreased to CNY 1,475,211,341.97 in Q1 2022 from CNY 1,763,143,231.55 in Q1 2021[14] - The company reported a total of 1,270,328,267.18 in non-current assets, slightly up from 1,260,794,532.75, indicating a marginal increase of about 0.6%[13] Shareholder Information - The equity attributable to shareholders increased by 3.40% to ¥1,495,699,819.68 compared to the end of the previous year[5] - The total number of ordinary shareholders at the end of the reporting period was 13,360[7] - The largest shareholder, Yongyi Holdings Co., Ltd., held 25.72% of the shares, with 29,385,000 shares pledged[8] - Total equity increased to CNY 1,507,291,957.07 in Q1 2022 from CNY 1,457,397,098.44 in Q1 2021[15] Operating Costs and Expenses - Total operating costs for Q1 2022 were CNY 965,498,827.26, down 5.9% from CNY 1,026,602,916.83 in Q1 2021[15] - The company reported a decrease in sales expenses to CNY 31,694,177.44 in Q1 2022, down from CNY 48,838,710.75 in Q1 2021[15] - Research and development expenses increased to CNY 36,405,635.24 in Q1 2022, up 51% from CNY 24,154,160.16 in Q1 2021[15] Investment Activities - The net cash flow from investing activities was -68,390,323.91, a decrease from 7,526,243.71 in the previous year[19] - The cash inflow from investment activities was 9,380,056.64, compared to 903,593,152.55 in the previous year[19] - The cash outflow for investment activities was 77,770,380.55, down from 896,066,908.84 in the prior year[19] Other Information - The company has not disclosed any new product developments or market expansion strategies during this reporting period[11] - There were no significant mergers or acquisitions reported in the current quarter[11] - The company experienced a foreign exchange loss of CNY 2,350,383.64 in Q1 2022 compared to a gain of CNY 1,619,608.53 in Q1 2021[17] - The company paid 182,756,166.47 in cash to employees, an increase from 168,690,481.27 in the previous year[19] - The total cash outflow for taxes was 12,942,714.46, significantly lower than 30,423,287.31 in the previous year[19]

Financial Performance - The company's operating revenue for Q3 2021 was ¥1,051,543,865.97, a decrease of 4.52% compared to the same period last year[6]. - The net profit attributable to shareholders for Q3 2021 was ¥46,642,195.27, down 54.31% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥38,228,788.64, a decline of 56.84% compared to the previous year[6]. - Basic and diluted earnings per share for Q3 2021 were both ¥0.15, representing a decrease of 55.88% year-on-year[7]. - Operating profit for the third quarter was ¥172,668,882.80, down from ¥242,908,228.79 in the previous year, indicating a decrease of about 29%[25]. - Net profit for the third quarter was ¥160,476,196.97, compared to ¥210,887,462.04 in the same quarter of 2020, reflecting a decline of approximately 24%[25]. - Earnings per share (EPS) for the third quarter was ¥0.53, down from ¥0.69 in the same period last year, a decrease of about 23%[26]. - The company reported a total comprehensive income of ¥165,707,926.57 for the third quarter, down from ¥209,008,256.16 in the previous year, a decline of about 21%[26]. Assets and Liabilities - Total assets at the end of Q3 2021 were ¥3,144,276,312.77, a decrease of 1.55% from the end of the previous year[7]. - As of September 30, 2021, the company's total assets amounted to RMB 3,144,276,312.77, a decrease from RMB 3,193,731,658.25 at the end of 2020, reflecting a decline of approximately 1.54%[19]. - The total liabilities decreased to RMB 1,698,763,066.83 from RMB 1,793,708,824.78, showing a reduction of approximately 5.3%[21]. - The total cash and cash equivalents at the end of Q3 2021 reached CNY 553,883,000.74, compared to CNY 408,307,179.40 at the end of Q3 2020, marking an increase of approximately 35.7%[30]. - The total liabilities as of Q3 2021 were CNY 1,000,000,000.00, reflecting a stable position compared to previous quarters[33]. - The total liabilities amounted to approximately $1.79 billion, with current liabilities at $1.78 billion and non-current liabilities at approximately $11.57 million[34]. - The total equity attributable to shareholders was approximately $1.39 billion, with retained earnings of approximately $484.78 million[35]. - The total equity, including minority interests, was approximately $1.40 billion[35]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥126,352,420.70, down 42.11% year-on-year[7]. - Operating cash inflow for Q3 2021 was CNY 4,117,007,570.01, up from CNY 2,332,828,068.26 in Q3 2020, representing an increase of approximately 76.5%[29]. - Net cash flow from operating activities decreased to CNY 126,352,420.70 in Q3 2021 from CNY 218,254,306.70 in Q3 2020, a decline of about 42.1%[29]. - Cash outflow from investing activities totaled CNY 2,064,043,411.45 in Q3 2021, compared to CNY 1,959,137,084.85 in Q3 2020, indicating an increase of approximately 5.4%[30]. - Net cash flow from financing activities increased to CNY 225,941,691.12 in Q3 2021 from CNY 174,517,423.49 in Q3 2020, reflecting a growth of about 29.4%[30]. Shareholder Information - The company reported a total of 15,311 ordinary shareholders at the end of the reporting period[13]. - The company repurchased a total of 4,294,606 shares, accounting for 1.42% of the total share capital, with an average repurchase price of RMB 10.48 per share[17]. - The highest repurchase price during the buyback was RMB 10.97 per share, while the lowest was RMB 9.82 per share[17]. - The company plans to use the repurchased shares for an employee stock ownership plan[17]. Market and Operational Insights - The decline in net profit was primarily due to rising raw material prices and the impact of the pandemic on operations in Vietnam[11]. - The company achieved a year-to-date operating revenue increase of 48.78%, attributed to improved market share and increased demand for home office products due to the pandemic[12]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30]. Research and Development - Research and development expenses for the first three quarters were ¥93,421,357.06, an increase from ¥58,431,193.60 in the same period of 2020, representing a growth of approximately 60%[23].