目 录 我们接受委托，审计了永艺家具股份有限公司（以下简称永艺股份公司）2024 年度财务报表，包括 2024 年 12 月 31 日的合并及母公司资产负债表，2024 年度 的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，以及财务报表附注，并出具了审计报告。在此基础上，我们审计了后附的 永艺股份公司管理层编制的 2024 年度《非经营性资金占用及其他关联资金往来 情况汇总表》（以下简称汇总表）。 一、对报告使用者和使用目的的限定 本报告仅供永艺股份公司年度报告披露时使用，不得用作任何其他目的。我 们同意将本报告作为永艺股份公司年度报告的必备文件，随同其他文件一起报送 并对外披露。 为了更好地理解永艺股份公司 2024 年度非经营性资金占用及其他关联资金 往来情况，汇总表应当与已审的财务报表一并阅读。 一、非经营性资金占用及其他关联资金往来情况的专项 审计说明…………………………………………………………第 1—2 页 二、非经营性资金占用及其他关联资金往来情况汇总表………………第 3 页 非经营性资金占用及其他关联资金往来情况的 专项审计说明 天健审〔2025〕7120 号 永艺 ...

国信证券股份有限公司 2、本机构及本人自愿接受中国证券监督管理委员会（以下简称"中国证 监会"）对保荐总结报告书相关事项进行的任何质询和调查。 3、本机构及本人自愿接受中国证监会按照《保荐办法》的有关规定采取 的监管措施。 | 类别 | 基本情况 | | --- | --- | | 保荐人名称 | 国信证券股份有限公司 | | 注册地址 | 深圳市罗湖区红岭中路 1012 号国信证券大厦十六层至二十六层 | | 通信地址 | 深圳市福田区福华一路 号国信金融大厦 125 | | 法定代表人 | 张纳沙 | | 保荐代表人 | 苏昭棠、徐懿 | | 保荐代表人联系电话 | 010-88005255 | 二、保荐人基本情况 三、发行人基本情况 永艺家具股份有限公司（以下简称"永艺股份""公司""发行人"）向 特定对象发行股票并上市于 2023 年 7 月 6 日完成，持续督导期至 2024 年 12 月 31 日止。国信证券股份有限公司（以下简称"国信证券""保荐人"）作 为永艺股份向特定对象发行股票并上市的保荐人，目前持续督导期限已满，根 据《证券发行上市保荐业务管理办法（》以下简称"《保荐办法》"）《上海证 ...

Financial Performance - The company's operating revenue for Q1 2025 reached ¥1,010,309,431.48, representing a year-on-year increase of 17.93% compared to ¥856,685,846.20 in the same period last year[5]. - Net profit attributable to shareholders was ¥57,553,690.53, a 34.81% increase from ¥42,692,636.54 in the previous year[5]. - Basic and diluted earnings per share increased by 30.77% to ¥0.17 from ¥0.13 in the same period last year[5]. - Total operating revenue for Q1 2025 reached ¥1,010,309,431.48, a 17.9% increase from ¥856,685,846.20 in Q1 2024[20]. - Net profit for Q1 2025 was ¥57,516,667.61, representing a 29.7% increase compared to ¥44,288,014.46 in Q1 2024[21]. - Basic earnings per share for Q1 2025 was ¥0.17, compared to ¥0.13 in Q1 2024, reflecting a 30.8% increase[21]. - The company reported a total comprehensive income of ¥87,685,109.79 for Q1 2025, significantly higher than ¥23,145,290.80 in Q1 2024[21]. Cash Flow and Liquidity - The net cash flow from operating activities was negative at -¥79,393,276.15, worsening by 72.91% compared to -¥45,916,394.86 in the previous year[5]. - Cash flow from operating activities for Q1 2025 showed a net outflow of ¥79,393,276.15, worsening from a net outflow of ¥45,916,394.86 in Q1 2024[23]. - Cash and cash equivalents at the end of Q1 2025 totaled ¥1,109,764,226.76, an increase from ¥906,346,105.03 at the end of Q1 2024[24]. - The company experienced a cash inflow from financing activities of ¥199,784,440.91 in Q1 2025, down from ¥307,219,148.51 in Q1 2024[24]. Assets and Liabilities - Total assets at the end of the reporting period were ¥4,291,607,288.19, a slight decrease of 0.33% from ¥4,305,922,757.02 at the end of the previous year[6]. - Total liabilities decreased to RMB 1,957,182,935.43 from RMB 2,055,360,461.05, showing a reduction of about 4.77%[17]. - The company's total equity increased to RMB 2,334,424,352.76 from RMB 2,250,562,295.97, marking an increase of approximately 3.70%[17]. - The largest shareholder, Yongyi Holdings Co., Ltd., holds 32.67% of the shares, with 39,635,000 shares pledged[11]. Shareholder Information - The company reported a total of 16,456 common shareholders at the end of the reporting period[10]. - Shareholder equity attributable to the parent company increased by 3.81% to ¥2,312,972,130.47 from ¥2,228,166,760.53[6]. Research and Development - Research and development expenses for Q1 2025 were ¥40,066,561.20, up 19.6% from ¥33,502,918.42 in Q1 2024[20]. Other Financial Metrics - The weighted average return on equity rose to 2.54%, an increase of 0.57 percentage points from 1.97%[6]. - The company received government subsidies amounting to ¥5,691,698.02, which positively impacted the net profit[7]. - Other comprehensive income after tax for Q1 2025 was ¥30,168,442.18, compared to a loss of ¥21,142,723.66 in Q1 2024[21]. - The company's retained earnings increased to RMB 1,141,781,896.88 from RMB 1,084,228,206.35, indicating a growth of approximately 5.30%[17].

Financial Performance - The company's operating revenue for 2024 reached ¥4,749,233,918.80, representing a 34.22% increase compared to ¥3,538,360,723.88 in 2023[26]. - The net profit attributable to shareholders of the listed company decreased slightly by 0.56% to ¥296,204,118.40 from ¥297,877,855.34 in the previous year[26]. - The net profit after deducting non-recurring gains and losses increased by 40.07% to ¥292,681,410.27, up from ¥208,956,492.32 in 2023[26]. - The net cash flow from operating activities for 2024 was ¥350,468,543.41, an increase of 8.19% from ¥323,951,181.81 in 2023[26]. - The total assets of the company grew by 27.49% to ¥4,305,922,757.02 compared to ¥3,377,328,300.56 at the end of 2023[26]. - The basic earnings per share for 2024 was ¥0.89, a decrease of 6.32% from ¥0.95 in 2023[27]. - The diluted earnings per share also stood at ¥0.89, reflecting the same percentage decrease as the basic earnings per share[27]. - The weighted average return on equity decreased to 13.54% from 15.42% in the previous year[27]. - The company reported a net profit of ¥71,373,263.31 in Q4 2024, with total operating revenue for the quarter reaching ¥1,359,343,897.69[29]. - Non-recurring gains and losses for 2024 totaled ¥3,522,708.13, significantly lower than ¥88,921,363.02 in 2023[31]. Dividend Distribution - The company plans to distribute a cash dividend of 0.30 RMB per share, totaling approximately 99.36 million RMB for the year 2024, which represents 51.44% of the net profit attributable to shareholders[6]. - The company plans to distribute a cash dividend of 4.00 RMB per 10 shares for the 2023 fiscal year, totaling 152,358,058.20 RMB, which represents 51.44% of the net profit attributable to ordinary shareholders[181]. - For the 2024 semi-annual profit distribution, the company will distribute a cash dividend of 1.60 RMB per 10 shares, and for the 2024 annual distribution, it plans to distribute 0.30 RMB per share[182]. - Over the last three fiscal years, the cumulative cash dividend amount (including tax) reached 390,129,638.10 RMB, with an average net profit of 309,756,369.91 RMB, resulting in a cash dividend ratio of 131.68%[187]. - The total cash dividend amount for 2024 is projected to be 99,363,951.00 RMB based on the total share capital of 331,213,170 shares[185]. Corporate Governance - The company emphasizes compliance with laws and regulations, ensuring accurate and timely information disclosure to protect investors' rights[151]. - All resolutions in the recent shareholder meetings were approved without any objections, indicating strong governance practices[153]. - The board of directors includes independent members, ensuring diverse perspectives in decision-making[154]. - The company has established a robust framework for shareholder voting, combining in-person and online methods to facilitate participation[153]. - The management team has extensive experience in their respective fields, contributing to the company's strategic direction and operational effectiveness[155]. - The company held its first extraordinary shareholders' meeting on March 21, 2024, approving the election of the fifth board of directors and supervisory board[157]. - Zhang Jiayong was elected as the chairman of the fifth board of directors and appointed as the general manager[158]. - The company has a strong management team with extensive experience in various sectors, including finance and technology[157]. - The company emphasizes the importance of corporate governance and transparency in its operations[157]. Research and Development - The company invests over 3% of its sales revenue annually in R&D, collaborating with top experts and design teams globally, resulting in over 10 multifunctional chassis and various ergonomic technologies[73]. - The number of R&D personnel is 517, accounting for 6.53% of the total workforce[95]. - Research and development expenses increased by 31.55% to 162 million RMB, driven by the company's focus on new product development[83]. - The proportion of R&D investment to total revenue is 3.41%[94]. - The company has developed over 10 multifunctional bases centered on ergonomic lumbar support technology, enhancing user comfort for prolonged sitting[56]. Market Expansion and Strategy - The company is actively developing smart products and integrating them into the Hongmeng ecosystem, aiming to capture new market segments[35]. - The company is committed to enhancing its brand presence in the ergonomic chair market, positioning itself as a leader through targeted marketing and product innovation[37]. - The company aims to transition from a primarily export and ODM/OEM model to a balanced approach of domestic and international sales, increasing brand recognition and self-owned brand business[57]. - The company is focused on expanding its market presence and enhancing its product offerings[157]. - The company is responding to global supply chain shifts by establishing manufacturing bases in Southeast Asia, Mexico, and Eastern Europe[126]. Environmental Responsibility - The company has established a mechanism for environmental protection and complies with relevant environmental laws and regulations[196]. - The company actively utilizes clean energy by building photovoltaic power generation stations on rooftops and parking lots, and purchasing green certificates[199]. - The company has completed carbon footprint certification for 3 products during the reporting period, providing effective data support for carbon reduction efforts[199]. - The company is committed to reducing energy resource consumption and pollutant emissions through energy-saving and carbon-reducing technological transformations[199]. - The company has established green low-carbon design specifications for its products[199]. Supply Chain and Production - The company optimized its supply chain management by implementing a T+3 planning model, improving delivery rates and reducing delivery cycles[38]. - The company has implemented an end-to-end cost management system to optimize product development and procurement processes, enhancing overall efficiency[68]. - The production model includes both Make-to-Order (MTO) and Make-to-Stock (MTS) strategies, with a focus on smart manufacturing and automation to improve responsiveness and efficiency[69]. - The company is progressively increasing the self-manufacturing ratio of key components, including sponge and hardware, to enhance supply chain vitality[80]. - The company has implemented a T+3 integrated production and sales management system to optimize manufacturing processes, reduce inventory, and improve efficiency[78]. Talent Development - The company focused on talent development and organizational optimization to support business growth, including the introduction of performance-based incentive mechanisms[41]. - The company has established a compensation system based on industry standards and operational performance, emphasizing value creation and sharing[178]. - The training program focuses on enhancing organizational capabilities and includes regular talent assessments and development plans[179]. - The company is enhancing its talent pool by attracting skilled professionals and improving the performance evaluation mechanism to support high-quality development[141]. Risk Management - The company has implemented strict internal controls and risk management measures for its foreign exchange derivative trading activities[121]. - The company is addressing raw material price volatility risks by strengthening price trend forecasting and optimizing procurement strategies[144]. - The company is adopting foreign exchange hedging tools to mitigate risks associated with currency fluctuations in its export business[145]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[196]. Sales and Revenue Channels - Online sales revenue reached 477 million RMB, with a year-on-year increase of 7.63%, while offline sales revenue was 4.251 billion RMB, reflecting a 37.87% increase[85]. - The company aims to enhance brand recognition and sales through online platforms and live streaming, while also expanding its offline retail presence[71]. - The company has established a comprehensive sales channel covering over 80 countries, focusing on both domestic and international markets, with a strategic emphasis on major retail partnerships[75]. - The company is enhancing its procurement capabilities through centralized negotiation and supplier evaluation, which is expected to lower costs and improve efficiency[80]. Industry Insights - The global office furniture market is projected to have a total output value of USD 52.3 billion in 2024, with China accounting for 33% of production[45]. - The market for ergonomic furniture is expanding, driven by increased awareness of health and wellness in the workplace, with a growing demand for office chairs and desks[124]. - Consumer preferences are shifting towards brands that emphasize quality and ergonomic design, particularly among younger generations[127]. - The concentration of the office furniture market is increasing, with the top ten companies in North America and Europe holding 63% and 33% market shares, respectively[125].

数据四舍五入，查看更多财务数据>> 一、主要会计数据和财务指标 | 报告期指标 | 2025年一季报 | 2024年一季报 | 本年比上年增减(%) | 2023年一季报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | 0.1700 | 0.1300 | 30.77 | 0.1700 | | 每股净资产（元） | 6.98 | 6.54 | 6.73 | 5.98 | | 每股公积金(元) | 2.08 | 2.18 | -4.59 | 1.87 | | 每股未分配利润(元) | 3.45 | 3.12 | 10.58 | 2.87 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 10.1 | 8.57 | 17.85 | 6.97 | | 净利润(亿元) | 0.58 | 0.43 | 34.88 | 0.52 | | 净资产收益率(%) | 2.54 | 1.97 | 28.93 | 2.90 | | 名称 | 持有数量(万股) | 占总股本比 | 增减情况 | | --- | --- | --- | --- | ...

证券代码：603600 股票简称：永艺股份 公告编号：2025-006 永艺家具股份有限公司 股票交易异常波动公告 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： 一、股票交易异常波动的具体情况 公司股票于 2025 年 4 月 3 日、4 月 7 日、4 月 8 日连续三个交易日内日收盘 价格跌幅偏离值累计达到 20%，根据《上海证券交易所交易规则》的相关规定， 属于股票交易异常波动情形。 （二）重大事项情况 经公司自查，并向公司控股股东及实际控制人书面函证核实，截至本公告披 露日，除已披露事项外，公司、公司控股股东及实际控制人不存在影响公司股票 交易异常波动的重大事项；不存在其他涉及本公司的应披露而未披露的重大信息， 包括但不限于筹划涉及公司的重大资产重组、股份发行、重大交易类事项、业务 永艺家具股份有限公司（以下简称"公司"）股票于 2025 年 4 月 3 日、 4 月 7 日、4 月 8 日连续三个交易日内日收盘价格跌幅偏离值累计达到 20%，根据《上海证券交易所交易规则》的有关规定，属于股票交 ...

永艺家具股份有限公司： 关于对永艺家具股份有限公司 股票交易异常波动问询函的回复 截至目前我们不存在影响永艺家具股份有限公司（以下简称"永艺股份"） 股票交易异常波动的重大事项，不存在其他涉及永艺股份的应披露而未披露的重 大信息，包括但不限于筹划涉及永艺股份的重大资产重组、股份发行、重大交易 类事项、业务重组、股份回购、股权激励、破产重整、重大业务合作、引进战略 投资者等重大事项。我们未在本次股票交易异常波动期间买卖永艺股份股票。 实际控制人：张加勇、尚巍巍 控股股东：永艺控股有限公司 2025 年 4 月 8 日 贵司发来的《永艺家具股份有限公司关于股票交易异常波动的问询函》已收 悉，经认真自查核实，现就相关事项回复如下： ...

4月3日，永艺股份股票盘中跌停，永艺家具股份有限公司是一家专业研发、生产和销售健康坐具的高新技术企业,产品主要涉及办公椅、按摩椅、沙发及功 能座椅配件,是目前国内最大的坐健康系统提供商之一。 财报显示，大成基金旗下3只基金进入永艺股份前十大股东，持股比例为1.36%。其中大成睿享混合A去年四季度增持，大成策略回报混合A去年四季度增 持，大成竞争优势混合A去年四季度新进。 其中，大成睿享混合A今年以来收益率2.39%，同类排名2227(总4331)，大成策略回报混合A今年以来收益率1.59%，同类排名2356(总3968)，大成竞争优势混 合A今年以来收益率4.63%，同类排名1523(总4331)。 大成睿享混合A、大成策略回报混合A、大成竞争优势混合A基金经理为徐彦。 简历显示，徐彦先生:复旦大学管理学硕士。具有基金从业资格。国籍:中国。2006年9月至2007年7月任职于中国东方资产管理公司。2007年7月至2018年9月 任职于大成基金管理有限公司,先后担任研究员,研究主管,2012年10月起历任大成策略回报、大成竞争优势、大成高新技术和大成景阳领先混合型证券投资基 金基金经理。2018年10月至201 ...

Investment Rating - The report maintains a "Buy" rating for the company [6] Core Views - Yongyi Co., Ltd. is a leading manufacturer in the office chair export sector, showcasing significant growth potential driven by multiple factors [1][4] - The company has established a strong presence in the office chair market, with a focus on both export and domestic sales, indicating a robust growth trajectory [2][3] Summary by Sections Office Chair Export Leadership - Yongyi Co., Ltd. has been deeply involved in the office chair sector since its establishment in 2001, becoming the first listed company in China's chair industry [14] - The company reported a revenue of 3.54 billion yuan in 2023, a year-on-year decrease of 12.8%, with a net profit of 298 million yuan, also down 11% [15][17] Global and Domestic Market Trends - The global office chair market was valued at 15 billion USD in 2023, with China being the largest producer [2][19] - The domestic market for office chairs is expected to grow significantly, with a projected market size of 37.6 billion yuan by 2026 [44] Growth Drivers - The company is set to benefit from the introduction of new clients and products, with a focus on expanding its customer base in 2024 and beyond [3][48] - Yongyi's production capacity is expanding, particularly in Vietnam and Romania, which will enhance its competitive edge in the global market [51] Financial Forecast and Valuation - The company is expected to achieve revenues of 4.73 billion yuan in 2024, representing a year-on-year growth of 34%, with net profits projected to reach 327 million yuan [4][11] - The price-to-earnings ratio for 2025-2026 is estimated at 10x and 8x, respectively, indicating a favorable valuation [4][11]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company emphasizes both domestic and international sales, with effective customer expansion strategies. It continues to deepen its market presence in the top 30 GDP countries and has established a mature overseas sales team targeting major U.S. retail channels, contributing significantly to revenue growth [3][4] - The company has established overseas production bases in Vietnam and Romania to mitigate trade friction risks. The Vietnam base has been operational since 2018 and is expanding capacity, while the Romania base began production in 2023 and is also set for expansion [4] - The company is focusing on technological innovation, particularly in ergonomic seating solutions, and is integrating AIoT technologies into its product lines to enhance functionality and design [5] Financial Summary - The company expects revenue growth from 35.38 billion in 2023 to 46.87 billion in 2024, representing a year-on-year increase of 32.5%. Net profit is projected to grow from 2.98 billion in 2023 to 3.30 billion in 2024, a 10.9% increase [7][9] - The projected earnings per share (EPS) are 1.00, 1.21, and 1.41 for the years 2024, 2025, and 2026, respectively, with corresponding price-to-earnings (P/E) ratios of 11.84, 9.76, and 8.37 [7][9]