证券代码：603848 证券简称：好太太 公告编号：2024-040 广东好太太科技集团股份有限公司 2023 年限制性股票激励计划部分限制性股票 鉴于本次激励计划 2 名激励对象离职，不再具备激励对象资格，根据《上市 公司股权激励管理办法》《激励计划（草案）》的有关规定和公司 2023 年第一 次临时股东大会的授权，公司对前述激励对象已获授但尚未解除限售的共计 11.00 万股限制性股票进行回购注销。 回购注销实施公告 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： 回购注销原因：广东好太太科技集团股份有限公司（以下简称"公司"） 2023 年限制性股票激励计划（以下简称"本次激励计划"）中 2 名激励对象离 职，不再具备激励对象资格，根据《上市公司股权激励管理办法》、公司《2023 年限制性股票激励计划（草案）》（以下简称"《激励计划（草案）》"）的规 定，公司对其已获授但尚未解除限售的共计 11.00 万股限制性股票进行回购注销。 本次注销股份的有关情况 | 回购股份数量 | | 注销股份数量 | 注销日 ...

广州市天河区天河路 101 号兴业银行大厦 13 楼 电话：8620-3821 9668 传真：8620-3821 9766 国信信扬律师事务所 关于广东好太太科技集团股份有限公司 2023 年限制性股票激励计划 部分限制性股票回购注销实施的 法律意见书 2024 年 9 月 国信信扬律师事务所 关于广东好太太科技集团股份有限公司 2023 年限制性股票激励计划 部分限制性股票回购注销实施的 法律意见书 国信信扬法字[2024]第 0131 号 致：广东好太太科技集团股份有限公司 国信信扬律师事务所（以下简称"本所"）接受广东好太太科技集团股份有 限公司（以下简称"好太太"或"公司"）的委托，根据《中华人民共和国公司 法》（以下简称"《公司法》"）、《中华人民共和国证券法》（以下简称"《证 券法》"）、中国证券监督管理委员会（以下简称"中国证监会"）《上市公司 股权激励管理办法》（以下简称"《管理办法》"）等法律、法规、规范性文件 以及《广东好太太科技集团股份有限公司章程》（以下简称"《公司章程》"）、 《广东好太太科技集团股份有限公司 2023 年限制性股票激励计划（草案）》（以 下简称"《激励计划（草案） ...

关于 2024 年半年度业绩说明会召开情况的公告 证券代码：603848 证券简称：好太太 公告编号：2024-039 广东好太太科技集团股份有限公司 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。 广东好太太科技集团股份有限公司（以下简称"公司"）于 2024 年 9 月 18 日（星期三）13:00-14:30 在上海证券交易所"上证路演中心"以视频录播和网 络文字互动的方式召开了"公司 2024 年半年度业绩说明会"，就投资者关注的 问题在信息披露允许的范围内进行了交流。现将召开情况公告如下： 问题 1、请问公司在目前市场环境下有哪些技术优势，目前的市场表现如 何？ 回复：公司致力于技术领先与产品创新，坚持"研究-储备-开发"的研发策 略，构建了完善的三级研发体系及 IPD 集成产品开发机制，有效提升了产品竞 争力和开发效率。同时，深化产学研合作，不断推出具有自主知识产权的智能家 居新品和技术革新，如低噪音蓝鲸动力系统和长寿命钢丝绳，巩固了行业技术领 先地位。公司荣获多项国家专利和荣誉，产品布局广泛覆盖市场，积极响 ...

证券代码：603848 证券简称：好太太 公告编号：2024-038 广东好太太科技集团股份有限公司 | --- | --- | |--------------------------------------------------------------------|----------------------------------| | | | | 关于参加广东辖区 2024 | 年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法律责任。 | | 为进一步加强与投资者的互动交流，广东好太太科技集团股份有限公司（以 下简称"公司"）将参加由广东证监局、广东上市公司协会联合举办的"坚定信 心 携手共进 助力上市公司提升投资价值——2024 广东辖区上市公司投资者关 系管理月活动投资者集体接待日"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net）参与本次互动交流，活动时间为 2024 年 9 月 12 日（周 ...

广东好太太科技集团股份有限公司 证券代码：603848 证券简称：好太太 公告编号：2024-037 关于召开 2024 年半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法律责任。 重要内容提示： （网址：https://roadshow.sseinfo.com/） 会议召开方式：上证路演中心视频录播和网络文字互动 投资者可于 2024 年 9 月 9 日(星期一) 至 9 月 13 日(星期五)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 （ir@hotata.com）进行提问。公司将在说明会上对投资者普遍关注的问题进 行回答。 广东好太太科技集团股份有限公司（以下简称"公司"）已于 2024 年 8 月 28 日发布公司 2024 年半年度报告，为便于广大投资者更全面深入地了解公司 2024 年半年度的经营成果、财务状况，公司计划于 2024 年 9 月 18 日 13:00-14:30 举行 2024 年半年度业绩说明会，就投资者关心的问题进行交流。 （一） 会议召开时间：2 ...

Investment Rating - The report maintains a "Buy" rating for the company [3] Core Views - The company reported a revenue of 713 million yuan for H1 2024, a decrease of 0.9% year-on-year, with a net profit of 144 million yuan, down 4.5% year-on-year. Q2 2024 revenue was 420 million yuan, down 5.0% year-on-year, and net profit was 88 million yuan, down 13.7% year-on-year. The online sales performance is expected to remain stable, while offline sales are under pressure due to a weak real estate market [1] - The company continues to lead in online sales, leveraging popular products and partnerships with major real estate companies to expand its market presence. The e-commerce channel generated 449 million yuan in revenue for H1 2024, with expectations for steady growth, while offline sales reached 239 million yuan, facing short-term challenges [1] - The gross margin improved significantly to 56.2% in Q2 2024, up 4.7 percentage points year-on-year, attributed to product mix changes and cost management initiatives. However, the net profit margin decreased to 20.9%, down 2.1 percentage points year-on-year, due to increased expenses [1] - Cash flow from operations was under pressure, with a net operating cash flow of 85 million yuan in Q2 2024, down 119 million yuan year-on-year. The company's operational efficiency is improving, as indicated by a decrease in accounts receivable turnover days [1] Financial Summary - Revenue for 2024 is projected at 1.77 billion yuan, with a growth rate of 4.9%. Net profit is expected to be 334 million yuan, reflecting a year-on-year growth of 2.1% [2] - The company’s P/E ratios for 2024, 2025, and 2026 are projected at 14.6X, 12.5X, and 10.8X respectively [2] - The company’s total market capitalization is approximately 4.88 billion yuan, with a closing price of 12.07 yuan as of August 30, 2024 [3]

Investment Rating - The investment rating for the company is "Outperform the Market" [1][3][12] Core Views - The company reported a slight decline in revenue in Q2 2024, with a revenue of 710 million (-0.9% YoY) and a net profit of 140 million (-4.5% YoY) for H1 2024. The Q2 revenue was 420 million (-5.0% YoY) with a net profit of 90 million (-13.7% YoY). Despite the decline, the overall performance remains stable due to a strong multi-channel strategy and significant online sales growth during promotional events [1][2][3] - The smart drying market shows significant potential, with expected sales of over 10 million units by 2024 and an industry scale exceeding 20 billion by 2026, with an average growth rate of over 20% [1][2] - The company has a strong brand presence and channel advantages, with high brand recognition in smart drying products and a comprehensive retail transformation strategy that includes both online and offline channels [1][2][3] Financial Performance Summary - For H1 2024, the company achieved a revenue of 710 million, with a net profit of 140 million. The Q2 gross margin was 56.2%, an increase of 4.7 percentage points YoY, primarily due to cost reductions from in-house component manufacturing [1][2] - The company adjusted its profit forecast, expecting net profits of 360 million, 410 million, and 460 million for 2024, 2025, and 2026 respectively, with growth rates of 9.3%, 13.3%, and 14.4% [1][2][12] - The current stock price corresponds to a PE ratio of 13, 12, and 10 for the years 2024, 2025, and 2026 respectively [1][2][12]

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected relative return of over 20% within the next six months [4]. Core Viewpoints - The company has demonstrated competitive advantages in various aspects such as technology research and development, product innovation, manufacturing, quality control, brand building, sales channels, and customer service within the smart home industry [3]. - Despite a decline in revenue and net profit in the first half of 2024, the company is focusing on enhancing brand, channel, and product competitiveness through digital marketing and a comprehensive retail strategy [1][2]. - The company has adjusted its profit forecast for 2024-2026, expecting net profits of 340 million, 370 million, and 420 million yuan respectively, reflecting a cautious outlook due to consumer confidence impacts [3]. Financial Performance Summary - In the first half of 2024, the company reported revenue of 700 million yuan, a decrease of 1% year-on-year, and a net profit of 140 million yuan, down 4% year-on-year [1]. - The gross margin for the first half of 2024 was 54.4%, an increase of 5.2 percentage points year-on-year, while the net profit margin was 20.2%, a decrease of 0.8 percentage points [1]. - The company's online sales accounted for 65% of its main business revenue, while offline sales contributed 35% [1]. Brand and Product Development - The company is advancing brand youthfulness and constructing a structured marketing communication matrix to enhance brand visibility and market recognition [2]. - Increased investment in innovation and R&D has led to breakthroughs in key technology areas, maintaining the competitiveness of its products [2]. Management and Operational Efficiency - The company is enhancing coordination between online and offline operations to achieve a leading market share across all networks [2]. - Implementation of comprehensive cost management and flexible supply chain strategies has improved production efficiency and product quality [1][2].

Financial Performance - The company reported no profit distribution or capital reserve transfer to increase share capital for the first half of 2024[3]. - The financial report for the first half of 2024 is unaudited, ensuring the accuracy and completeness of the financial statements[2]. - The report period covers January 1, 2024, to June 30, 2024, with a comparison to the same period in 2023[7]. - The company's operating revenue for the first half of 2024 was approximately ¥712.51 million, a decrease of 0.86% compared to the same period last year[16]. - Net profit attributable to shareholders was approximately ¥143.55 million, down 4.48% year-over-year[16]. - Basic earnings per share for the first half of 2024 was ¥0.36, a decline of 2.70% compared to the previous year[17]. - The weighted average return on equity decreased by 0.96 percentage points to 6.17%[17]. - The net cash flow from operating activities significantly decreased by 75.24%, amounting to approximately ¥59.78 million[16]. - Operating costs decreased by 11.02% to ¥324.73 million from ¥364.96 million year-on-year, attributed to changes in sales channels and product cost reductions[45]. - Research and development expenses increased by 18.51% to ¥24.49 million, reflecting the company's intensified efforts in new product development[45]. Company Operations - The company focuses on smart home products, particularly in fabric care and smart locks, aiming to enhance consumer experience[19]. - The company has implemented a comprehensive procurement management system to improve efficiency and reduce costs[20]. - The production model has been optimized to respond flexibly to market demands, utilizing automation and real-time data analysis[21]. - The sales strategy emphasizes a multi-channel approach, integrating online and offline channels to enhance customer engagement and brand loyalty[23]. - The company adheres to an independent research and development model, focusing on original design, quality control, brand building, and channel development[24]. - The company promotes open innovation by collaborating with universities and research institutions to accelerate technological advancements[24]. - The company aims to enhance its R&D capabilities by integrating traditional craftsmanship with advanced technologies, ensuring product quality stability[24]. - The company is actively exploring cross-industry collaboration opportunities to expand its business scope and create new growth points[54]. - The company is focusing on digital management tools to improve demand forecasting accuracy and optimize inventory and procurement plans[53]. Market Insights - The smart home market in China is projected to reach a scale of 784.8 billion yuan in 2024, with expectations to exceed 800 billion yuan in 2025[25]. - In 2023, there were 41 investment events in the smart home sector, with disclosed financing amounting to 4.375 billion yuan, indicating strong capital market interest[27]. - The smart drying rack market is expected to exceed 1 million units in sales by 2024, with a market size projected to surpass 20 billion yuan by 2026, reflecting an average growth rate of over 20%[28]. - The retail volume of smart locks in China is forecasted to reach 20.5 million units in 2024, driven by increased demand from the real estate market[29]. - The online retail volume of smart locks in Q1 2024 was 1.496 million units, showing a year-on-year growth of 24.5%[29]. Risk Management - The company has detailed potential risks in the report, urging investors to pay attention to investment risks[4]. - The company faces risks from raw material price fluctuations, which could significantly impact production costs and profitability[52]. - The company has implemented measures such as market monitoring and diversified procurement to mitigate raw material price risks[52]. - The company recognizes the risks associated with the real estate market and is developing a risk assessment mechanism to mitigate impacts on performance[55]. Corporate Governance - The board of directors and senior management have confirmed the authenticity and completeness of the report[2]. - The company has not faced any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has committed to avoid occupying company funds and to reduce and regulate related party transactions, which is being strictly adhered to[64]. - The company has engaged in related party transactions, with expected amounts of RMB 15 million for sales and RMB 15 million for purchases from related parties, representing 0.13% and 0.07% of similar transactions respectively[65]. - The company has no significant litigation or arbitration matters during the reporting period[66]. Environmental Commitment - The company is committed to environmental protection and has implemented measures to reduce carbon emissions, including enhancing resource efficiency and promoting recycling[62]. - The company has achieved ISO 14001:2015 certification for its environmental management system[61]. - The company is focusing on green manufacturing and has implemented waste control procedures to minimize waste emissions[62]. - The company is utilizing renewable energy sources, such as solar power, to reduce reliance on non-renewable energy[63]. - The company has established an 8S management system to promote sustainability and resource conservation[63]. Shareholder Information - The total number of common shareholders reached 10,188 by the end of the reporting period[72]. - The largest shareholder, Shen Hanbiao, holds 217,395,000 shares, representing 53.79% of the total shares[72]. - The second-largest shareholder, Wang Miaoyu, holds 116,165,000 shares, accounting for 28.74%[72]. - The total number of shares decreased from 404,210,000 to 404,150,000 due to the repurchase and cancellation of 60,000 restricted shares[70]. Financial Position - Cash and cash equivalents at the end of the period amounted to ¥367,600,899.58, representing 11.24% of total assets, a decrease of 3.40% compared to the previous year[46]. - Accounts receivable decreased by 9.84% to ¥82,134,016.09, accounting for 2.51% of total assets[46]. - Inventory increased by 22.86% to ¥194,131,486.96, now representing 5.94% of total assets[47]. - The company's total assets increased by 3.51% year-over-year, reaching approximately ¥3.27 billion[16]. - The company reported a total of RMB 134,758,807.91 in other equity instrument investments, unchanged from the previous period[78]. Accounting Policies - The company’s financial statements comply with the requirements of the accounting standards[112]. - The company recognizes revenue when control of the relevant goods is transferred to the customer, which means the customer can dominate the use of the goods and obtain almost all economic benefits[169]. - The company applies expected credit loss model for impairment provisions on financial assets measured at amortized cost and certain debt instruments[134]. - The company recognizes financial liabilities at fair value upon initial recognition, with transaction costs directly expensed for those measured at fair value[131]. - The company evaluates credit risk of financial assets on each balance sheet date, measuring loss provisions based on expected credit losses over 12 months or the entire lifetime of the asset depending on the credit risk stage[135].

重要内容提示： 一、委托理财的情况概况 （一）投资目的 公司坚持规范运作，防范风险，为实现资产的保值增值，确保不影响公司正常 运营的前提下，使用闲置自有资金购买理财产品，有利于盘活闲置资金，提高资金 使用效率，降低财务成本，增加投资收益，为公司及股东谋取更多的投资回报。 证券代码：603848 证券简称：好太太 公告编号：2024-036 广东好太太科技集团股份有限公司 关于使用部分闲置自有资金购买理财产品的公告 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。 （二）投资金额 本次购买理财产品的总金额为人民币5,000.00万元。 （三）资金来源 本次购买理财产品的资金为公司营业活动产生的闲置自有资金。 | 受托方 | 产品 | | 产品金额 | 浮动收益 | | 收益 | 是否构 | | --- | --- | --- | --- | --- | --- | --- | --- | | | | 产品名称 | | 率范围 | 产品期限 | | 成关联 | | 名称 | 类型 | | （万元） | （年化） | | 类型 ...