证券代码：603958 证券简称：哈森股份 公告编号：2023-026 一、 说明会类型 哈森商贸（中国）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法律责任。 重要内容提示： http://roadshow.sseinfo.com/） 哈森商贸（中国）股份有限公司（以下简称"公司"）已于 2023 年 4 月 28 日发布公司 2022 年度报告，为便于广大投资者更全面深入 地了解公司 2022 年度经营成果、财务状况，公司计划于 2023 年 05 月 16 日 上午 10:00-11:00 举行 2022 年度业绩说明会，就投资者关 心的问题进行交流。 本次投资者说明会以网络互动形式召开，公司将针对 2022 年度 的经营成果及财务指标的具体情况与投资者进行互动交流和沟通，在 信息披露允许的范围内就投资者普遍关注的问题进行回答。 二、 说明会召开的时间、地点 （一） 会议召开时间：2023 年 05 月 16 日 上午 10:00-11:00 （二） 会议召开地点：上证路演 ...

Financial Performance - The company's operating revenue for Q1 2023 was ¥183,767,505.72, representing a decrease of 9.30% compared to the same period last year[5] - The net profit attributable to shareholders of the listed company was a loss of ¥12,173,654.07, with a basic and diluted earnings per share of -¥0.055[5] - The company reported total operating revenue of RMB 183,767,505.72 for Q1 2023, a decrease of 9.9% compared to RMB 202,605,631.94 in Q1 2022[19] - The company incurred an operating loss of RMB 9,869,838.32 in Q1 2023, an improvement from a loss of RMB 32,212,207.89 in Q1 2022[19] - The company’s net loss for Q1 2023 was RMB 9,787,273.00, compared to a net loss of RMB 32,214,381.56 in Q1 2022[19] - The net profit for Q1 2023 was -12,529,726.72 RMB, an improvement from -33,082,189.69 RMB in Q1 2022, indicating a reduction in losses by approximately 62%[20] - The basic and diluted earnings per share for Q1 2023 were both -0.055 RMB, compared to -0.149 RMB in Q1 2022, reflecting a significant decrease in loss per share[20] - The total comprehensive income for Q1 2023 was -12,529,726.72 RMB, compared to -33,082,189.69 RMB in Q1 2022, indicating a significant reduction in overall losses[20] Assets and Liabilities - The total assets at the end of the reporting period were ¥989,084,521.52, down 4.89% from the end of the previous year[6] - The equity attributable to shareholders of the listed company decreased by 1.47% to ¥799,341,892.29 compared to the end of the previous year[6] - The company’s total liabilities decreased to RMB 186,735,538.63 as of March 31, 2023, compared to RMB 226,274,446.18 at the end of 2022[16] - Cash and cash equivalents as of March 31, 2023, were RMB 331,041,196.79, down from RMB 368,568,216.36 at the end of 2022[14] - The company’s inventory as of March 31, 2023, was RMB 322,961,201.47, down from RMB 347,140,859.45 at the end of 2022[14] - The company reported a decrease in tax expenses from 2,742,453.72 RMB in Q1 2022 to 867,808.13 RMB in Q1 2023, reflecting improved tax efficiency[20] Cash Flow - The net cash flow from operating activities was -¥4,944,957.86, indicating a cash outflow[5] - Cash flow from operating activities showed a net outflow of -4,944,957.86 RMB in Q1 2023, an improvement from -18,689,222.17 RMB in Q1 2022, indicating better cash management[23] - The company generated 280,210,717.43 RMB in cash from sales in Q1 2023, a slight decrease of 3.9% compared to 289,475,255.61 RMB in Q1 2022[23] - The net cash flow from investing activities was -47,916,114.80 RMB in Q1 2023, compared to a positive inflow of 9,377,314.24 RMB in Q1 2022, indicating increased investment expenditures[24] - Cash flow from financing activities resulted in a net inflow of 18,463,374.16 RMB in Q1 2023, contrasting with a net outflow of -2,321,127.02 RMB in Q1 2022, showing improved financing conditions[24] - The company received 1,000,000.00 RMB from minority shareholders as part of financing activities in Q1 2023[24] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 11,744[9] - The largest shareholder, Zhenxing International Co., Ltd., holds 62.57% of the shares[9] Operational Changes - The company has integrated its online business operations into its subsidiary, Dongtai Hongyu E-commerce Technology Co., Ltd., to enhance operational efficiency[11] - The company has suspended the export production business of its subsidiary, Fuzhou Zhenzhan Footwear Co., Ltd.[12] - The company’s registered capital increased to RMB 20 million after the merger of its subsidiaries[12]

Financial Performance - The net profit attributable to shareholders for 2022 was -156,180,627.56 RMB, a significant decline compared to -20,095,351.08 RMB in 2021[5]. - Total revenue for 2022 decreased by 22.64% to 765,638,672.56 RMB from 989,730,594.68 RMB in 2021[20]. - The net cash flow from operating activities was -95,425,438.44 RMB, a drastic drop from 13,274,836.10 RMB in the previous year, representing an 818.84% decrease[21]. - The total assets as of the end of 2022 were 1,039,891,981.92 RMB, down 10.44% from 1,161,169,653.15 RMB at the end of 2021[21]. - The net assets attributable to shareholders decreased by 14.98% to 811,254,372.49 RMB from 954,160,014.81 RMB in 2021[21]. - The company reported a total revenue of 765.64 million RMB in 2022, a decrease of 22.64% compared to the previous year[30]. - The net profit attributable to the parent company was -156.18 million RMB, reflecting a significant loss[30]. - Basic and diluted earnings per share were both -0.706 RMB, compared to -0.092 RMB in 2021[22]. - The weighted average return on equity decreased to -17.77%, down from -2.08% in the previous year[22]. - The total revenue for the year was CNY 760,130,790.24, a decrease of 22.84% compared to the previous year[50]. - The total net profit for the year was -156,330,749.96, a significant decline compared to -20,116,810.48 from the previous year, indicating a worsening financial performance[200]. Revenue Breakdown - Online sales contributed 24.45% of total revenue, amounting to 185.86 million RMB, while offline sales accounted for 70.74% with 537.72 million RMB[31]. - The company reported a decrease of 22.79% in revenue after excluding non-operating income, totaling 759,713,961.15 RMB in 2022[20]. - Domestic sales accounted for CNY 723.58 million, down 26.20% year-on-year, while foreign sales reached CNY 36.55 million, an increase of 672.52%[47]. - The company's domestic women's shoe revenue accounted for 83.17% of total operating income during the reporting period[39]. - The total revenue from direct stores was ¥68,593.20 million, down 25.88% year-on-year[70]. - The total revenue for the company was 76,013.08 million RMB, representing a year-over-year decrease of 22.84%[74]. Operational Changes - The company decided to suspend its export business due to reduced orders and to lower operational costs[30]. - The company optimized its offline business and streamlined personnel to improve efficiency[30]. - The number of physical stores decreased by 96, totaling 1,144 stores at the end of the reporting period, including 967 direct-operated stores and 177 franchised stores[43]. - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures regarding external guarantees[7]. Marketing and Sales Strategies - The company engaged in various online marketing strategies, including live streaming and social media promotions, to boost online sales[30]. - The footwear market is increasingly shifting towards online channels, with a growing emphasis on live streaming and social media marketing strategies[33]. - The company emphasizes product comfort, fashion, and personalization in response to evolving consumer preferences[34]. - The company plans to enhance its digital capabilities to improve data management and analysis, thereby increasing its core competitiveness[34]. Cost Management - The company's gross profit margin for the wholesale and retail sector was 48.71%, reflecting a decrease of 5 percentage points compared to the previous year[49]. - Research and development expenses increased by 340.91% to CNY 2.59 million, attributed to the rise in foreign sales orders[44]. - Management expenses rose by 58.85% to CNY 55.13 million, primarily due to increased severance benefits[44]. - The company reported a decrease in sales expenses to 455,395,361.67 from 491,815,715.76, suggesting cost-cutting measures in sales operations[200]. Governance and Management - The company has established a governance structure that includes a board of directors with 9 members, including 3 independent directors, ensuring compliance with legal requirements[95]. - The company has a diverse management team with extensive experience in various sectors, including finance, management, and operations[103]. - The total remuneration for all directors, supervisors, and senior management at the end of the reporting period amounted to 4.8773 million yuan[107]. - The company has established a cash dividend policy, aiming for a minimum of 80% cash distribution when in a mature phase without major capital expenditures[120]. Risks and Compliance - The company has outlined potential risks in its management discussion and analysis section, which investors should review[7]. - The company has established an internal control management system to ensure legal compliance and asset security, enhancing risk prevention capabilities[127]. - The company has not reported any risk findings from the supervisory board during the reporting period[114]. - The company has committed to not engaging in any business that competes with its current and future operations, ensuring no direct or indirect competition during the relevant period[136]. Inventory and Assets - The inventory at the end of the reporting period was valued at 34,714.09 million RMB, which is 33.38% of total assets, down by 2,511.73 million RMB from the previous year[75]. - The total current assets decreased from CNY 960.65 million in 2021 to CNY 856.66 million in 2022, a decline of approximately 10.8%[191]. - The cash and cash equivalents decreased from CNY 386.16 million in 2021 to CNY 368.57 million in 2022, a decrease of about 4.3%[191]. - The company's long-term equity investments decreased from CNY 284.32 million in 2021 to CNY 191.98 million in 2022, a decline of about 32.4%[191]. Shareholder Information - The largest shareholder, Zhenxing International Co., Ltd., holds 140,709,235 shares, representing 63.57% of the total shares, with a reduction of 5,917,100 shares during the reporting period[159]. - The company has a total of 200,000 restricted shares that are set to be unlocked in the second unlock period, which is tied to the performance evaluation of the incentive recipients[163]. - The total number of shares increased to 221,360,000, with 2 million shares added through the stock incentive plan[152].

2022 年第三季度报告 证券代码：603958 证券简称：哈森股份 哈森商贸（中国）股份有限公司 2022 年第三季度报告 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。 第三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 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 179,385,782.21 | -5.20 | 539,932,412.82 | -18.95 ...

Financial Performance - The company's operating revenue for the first half of 2022 was CNY 360.55 million, a decrease of 24.41% compared to CNY 476.96 million in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2022 was a loss of CNY 72.44 million, a significant decline from a profit of CNY 6.05 million in the previous year, representing a decrease of 1,297.66%[18]. - The net cash flow from operating activities was a negative CNY 41.89 million, worsening from a negative CNY 20.80 million in the same period last year[18]. - Basic earnings per share for the first half of 2022 were -CNY 0.33, compared to CNY 0.03 in the same period last year, reflecting a decrease of 1,200.00%[19]. - The weighted average return on equity was -7.89%, a decrease of 8.51 percentage points from 0.62% in the previous year[19]. - The company reported a total comprehensive income of -27,811,231.81 RMB for the first half of 2022, compared to 25,904,398.69 RMB in the same period of 2021[97]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1.01 billion, down 12.70% from CNY 1.16 billion at the end of the previous year[19]. - The net assets attributable to shareholders decreased by 7.28% to CNY 884.65 million from CNY 954.16 million at the end of the previous year[19]. - The company's total liabilities decreased to CNY 101,690,915.11 in the first half of 2022 from CNY 169,166,790.54 in the same period of 2021, a reduction of 40.0%[90]. - Total current assets decreased from CNY 960,650,077.19 to CNY 826,671,455.70, a decline of approximately 13.9%[82]. - Total liabilities decreased from CNY 206,996,352.69 to CNY 129,036,786.04, a decline of about 37.7%[84]. Revenue Sources - Direct sales channels generated operating revenue of 324 million RMB, down 28.40% year-on-year, while online channels saw revenue growth of 9.20% to 90 million RMB[31]. - Revenue from self-owned brands, including HARSON and KADINA, was 292 million RMB, a decrease of 28.16%[31]. - Total revenue from sales of goods and services received was 459,344,007.29 RMB, down from 497,947,216.21 RMB in the first half of 2021, representing a decrease of approximately 7.5%[98]. Inventory and Impairment - The company reported an increase in inventory impairment provisions, which contributed to the decline in net profit due to the impact of the pandemic[20]. - The company's inventory at the end of the reporting period was valued at 321 million yuan, accounting for 31.64% of total assets, despite a 13.84% decrease from the previous year[44]. - The inventory decreased from CNY 372,258,161.58 to CNY 320,742,184.74, a reduction of approximately 13.8%[82]. Research and Development - Research and development expenses surged by 228.60% to ¥1,035,899.79, reflecting increased investment in R&D and a rise in personnel[33]. - The company employs significant accounting judgments and estimates in revenue recognition, which may impact reported revenue and expenses[122]. Shareholder Information - The company has 12,494 common shareholders as of the end of the reporting period[73]. - The largest shareholder, Zhenxing International Co., Ltd., holds 143,916,535 shares, accounting for 65.01% of the total shares[75]. - The company did not propose any profit distribution plan or capital reserve transfer to increase share capital during the reporting period[5]. Compliance and Governance - There were no significant lawsuits or arbitration matters during the reporting period[65]. - The company has not faced any penalties or corrective actions related to legal violations during the reporting period[65]. - The company has committed to reducing and regulating related party transactions, ensuring compliance with normal commercial practices[63]. Financial Management - The company reported a significant increase in fair value gains of 654.52%, reaching ¥1,562,844.64, attributed to floating returns from private equity investments[34]. - The company's financial expenses improved, showing a decrease to -¥2,205,587.27 from -¥2,381,423.19, indicating better management of financial costs[33]. Strategic Initiatives - The company focuses on a multi-brand strategy to meet diverse consumer needs in the mid-to-high-end shoe market[29]. - The company emphasizes digital transformation to enhance data management and analysis capabilities, improving core competitiveness[28]. - The company is actively enhancing its online sales channels to counteract the negative impacts of potential COVID-19 outbreaks on its offline store operations[45]. Accounting Policies - The financial statements prepared by the company comply with accounting standards and accurately reflect its financial position and performance[129]. - The company uses an expected credit loss model for assessing financial asset impairments, which requires significant judgment and estimation based on various economic factors[123]. - The company recognizes impairment losses for right-of-use assets based on the principles outlined in the long-term asset impairment section[193].

Financial Performance - The company's total revenue for 2021 was RMB 989,730,594.68, representing a year-over-year increase of 10.93% compared to RMB 892,184,219.26 in 2020[22]. - The net profit attributable to shareholders for 2021 was a loss of RMB 20,095,351.08, an improvement from a loss of RMB 43,532,851.68 in 2020[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of RMB 34,076,505.56, compared to a loss of RMB 68,758,590.82 in the previous year[22]. - The company achieved an operating revenue of 990 million yuan in 2021, representing a year-on-year growth of 10.93%[35]. - The net profit attributable to the parent company was -20.10 million yuan, showing an improvement compared to the previous year's loss of -40.00 million yuan[35]. - The company's total assets at the end of 2021 were 1.16 billion yuan, a slight increase of 0.26% from the previous year[35]. - The net assets attributable to shareholders decreased by 1.97% to 954.16 million yuan compared to the end of 2020[35]. - The company reported a net profit attributable to shareholders of -20.1 million RMB, indicating a loss compared to the previous period[48]. - The company reported a total revenue of 1.2 billion in 2020, reflecting a year-over-year growth of 15%[100]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion in the last fiscal year, representing a 15% year-over-year growth[103]. Cash Flow and Dividends - As of December 31, 2021, the company's distributable profits amounted to RMB 417,553,072.59, with no cash dividends proposed for the year due to the net loss[6]. - The net cash flow from operating activities was 132.75 million yuan, a significant increase from the previous year's negative cash flow[26]. - The company plans to maintain a cash dividend policy, with a minimum of 80% of profits distributed as cash dividends during mature stages without major capital expenditures[124]. - The company did not distribute cash dividends for the fiscal year 2020 and plans to do the same for 2021, pending shareholder approval[124]. Sales and Marketing Strategies - Online sales generated 185 million yuan, marking a significant growth of 37.41% year-on-year, while offline sales reached 800 million yuan, up 6.13%[35]. - The company plans to enhance online channel expansion by collaborating with e-commerce platforms like Tmall, Vipshop, and JD.com[35]. - The company is focusing on live streaming sales, mini-programs, and social media marketing to adapt to the decline in offline foot traffic[36]. - The company aims to optimize brand competitiveness by integrating market trends and refining brand positioning[36]. - The company aims to meet diverse consumer needs through a combination of traditional retail and new retail technologies[39]. - The company is focusing on integrating online and offline sales channels to expand market share in second and third-tier cities[89]. - The company plans to enhance its marketing strategies by increasing collaboration with influencers and diversifying promotional channels[89]. Inventory and Production - The production model is driven by orders and market forecasts, with 96.55% of production coming from external suppliers and only 3.45% from in-house production[45]. - The production volume of shoes was 2,361,817 pairs, representing a year-on-year increase of 6.83%[55]. - The sales volume of shoes reached 2,712,274 pairs, a year-on-year increase of 16.15%[55]. - The company's inventory value at the end of the reporting period was 372 million yuan, accounting for 32.06% of total assets, a decrease of 12.04% compared to the previous year[91]. - The company has implemented strict inventory turnover assessment mechanisms to control stock levels and mitigate risks associated with unsold inventory[91]. Risks and Challenges - The company has faced various risks, which are detailed in the management discussion and analysis section of the report[8]. - The company faces risks related to channel changes and potential loss of brand agency rights, which could impact operational performance[90]. - The company's main operating performance is derived from offline department store counters, which are vulnerable to the impacts of recurring COVID-19 outbreaks[92]. - The company faces risks of bad debts from accounts receivable primarily from department store sales, influenced by competition and operational difficulties of the department stores[91]. Corporate Governance and Management - The company held one annual and one extraordinary shareholders' meeting during the reporting period, ensuring equal treatment of all investors[95]. - The board of directors convened seven meetings during the reporting period, with independent directors actively participating and providing independent opinions on significant matters[95]. - The supervisory board held six meetings, ensuring oversight of major transactions and financial conditions to protect shareholder interests[96]. - The company has established a comprehensive talent development and incentive system, adjusting employee compensation based on performance and industry standards[121]. - The company’s performance evaluation for senior management is based on the annual benefits achieved and individual work performance assessment results[106]. Research and Development - Research and development expenses decreased by 86.51% to 588,540 RMB, reflecting reduced investment in this area[49]. - The total R&D expenditure was CNY 588,540.46, accounting for 0.06% of total revenue[62]. - The company plans to invest 100 million in R&D for new technologies aimed at improving operational efficiency[100]. - Research and development expenses increased by 30%, totaling 150 million, to support new technology initiatives[103]. Shareholder Information - The largest shareholder, Zhenxing International Co., Ltd., holds 66.24% of the shares, with a reduction of 1,733,600 shares during the reporting period[175]. - The company has a total of 221,360,000 shares outstanding after the stock incentive plan implementation[164]. - The number of ordinary shareholders increased from 14,015 to 14,037 during the reporting period[172]. - The company has no other significant shareholders holding more than 10% of shares[187]. Compliance and Internal Controls - The company established an internal control management system to ensure legal compliance and asset safety, and revised the insider information management system during the reporting period[130]. - An independent audit of the internal control effectiveness was conducted by Zhongxinghua Accounting Firm, resulting in a standard unqualified opinion[131]. - The company has maintained timely repayment on its financial management products, with a 100% compliance rate[158].

Financial Performance - The company's operating revenue for Q1 2022 was ¥202,605,631.94, representing a decrease of 17.59% compared to the same period last year [5] - The net profit attributable to shareholders was -¥33,080,705.32, a decline of 481.12% year-on-year [5] - The basic earnings per share for the period was -¥0.149, reflecting a decrease of 472.50% compared to the previous year [6] - Total revenue for Q1 2022 was CNY 202,605,631.94, a decrease of 17.5% compared to CNY 245,836,589.92 in Q1 2021 [17] - Net loss for Q1 2022 was CNY 33,082,189.69, compared to a net profit of CNY 8,675,762.99 in Q1 2021 [18] - In Q1 2022, the total comprehensive income attributable to the parent company was -33,080,705.32 RMB, compared to 8,679,887.90 RMB in Q1 2021, indicating a significant decline [19] - The basic and diluted earnings per share for Q1 2022 were both -0.149 RMB, down from 0.040 RMB in Q1 2021 [19] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,068,098,956.34, down 8.02% from the end of the previous year [6] - Total assets as of March 31, 2022, were CNY 1,068,098,956.34, down from CNY 1,161,169,653.15 at the end of 2021 [16] - Current assets decreased to CNY 878,615,026.98 from CNY 960,650,077.19 at the end of 2021, reflecting a decline of approximately 8.5% [16] - Cash and cash equivalents were CNY 374,523,566.81, down from CNY 386,156,668.54 at the end of 2021 [16] - Accounts receivable decreased significantly to CNY 65,223,682.63 from CNY 121,563,662.14, indicating a reduction of about 46.3% [16] - Total liabilities decreased to CNY 145,544,749.25 from CNY 206,996,352.69, a reduction of approximately 29.6% [16] - The company’s equity attributable to shareholders decreased to CNY 922,542,405.81 from CNY 954,160,014.81, reflecting a decline of about 3.3% [16] Cash Flow - The company reported a net cash flow from operating activities of -¥18,689,222.17, which is not applicable for comparison [5] - Cash inflow from operating activities totaled 294,144,879.61 RMB in Q1 2022, an increase of 15.4% from 254,971,114.50 RMB in Q1 2021 [22] - Cash outflow from operating activities was 312,834,101.78 RMB in Q1 2022, compared to 275,981,614.79 RMB in Q1 2021, resulting in a net cash flow from operating activities of -18,689,222.17 RMB [22] - The net cash flow from investing activities was 9,377,314.24 RMB in Q1 2022, a recovery from -34,813,772.11 RMB in Q1 2021 [22] - Cash inflow from financing activities was 40,000,000.00 RMB in Q1 2022, with cash outflow totaling 42,321,127.02 RMB, leading to a net cash flow from financing activities of -2,321,127.02 RMB [23] - The ending cash and cash equivalents balance for Q1 2022 was 374,523,566.81 RMB, a decrease from 354,237,748.64 RMB in Q1 2021 [23] - The company received 1,434,733.91 RMB in tax refunds during Q1 2022, compared to only 27.95 RMB in Q1 2021 [22] - The company reported a cash inflow of 10,000,000.00 RMB from investment recoveries in Q1 2022, down from 20,000,000.00 RMB in Q1 2021 [22] - The company’s total cash and cash equivalents decreased by 11,633,101.73 RMB in Q1 2022, compared to a decrease of 55,822,799.39 RMB in Q1 2021 [23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,015 [10] - The largest shareholder, Zhenxing International Co., Ltd., held 65.27% of the shares [10] Capital Changes - The company approved a capital reduction for its subsidiary, reducing registered capital from ¥75 million to ¥50 million [12] Research and Development - The company reported a significant increase in research and development expenses to CNY 307,055.62 from CNY 110,814.29 in Q1 2021 [18] Return on Equity - The weighted average return on equity was -3.53%, a decrease of 4.42 percentage points year-on-year [6]

2021 年第三季度报告 证券代码：603958 证券简称：哈森股份 哈森商贸（中国）股份有限公司 2021 年第三季度报告 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个别及连带责任。 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。 公司负责人陈玉珍、主管会计工作负责人伍晓华及会计机构负责人（会计主管人员）杨楠保 证季度报告中财务报表信息的真实、准确、完整。 第三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 | 项目 | 本报告期 | 本报告期比 上年同期增 | 年初至报告期末 | 年初至报告期 末比上年同期 | | --- | --- | --- | --- | --- | | | | 减变动幅度 | | 增减变动幅度 | | | | (%) | | (%) | | 营业收入 | 189,228,682.37 | -3.73 | 666,193,048.87 | 13.95 ...

Financial Performance - The company's operating revenue for the first half of 2021 was approximately ¥476.96 million, representing a 22.90% increase compared to ¥388.10 million in the same period last year[19]. - The net profit attributable to shareholders for the first half of 2021 was approximately ¥6.05 million, a significant recovery from a loss of ¥23.53 million in the same period last year[19]. - The basic earnings per share for the first half of 2021 was ¥0.03, a recovery from a loss of ¥0.11 per share in the same period last year[19]. - The company reported a gross profit margin of approximately 3.3% in the first half of 2021, compared to a negative margin in the previous year[83]. - The company recorded a total comprehensive income of RMB 6,043,673.96, compared to a loss of RMB 25,125,710.70 in the first half of 2020[84]. - The company's net profit for the first half of 2021 was CNY 25,904,398.69, an increase from CNY 24,676,613.16 in the same period of 2020, representing a growth of approximately 5%[87]. - Operating profit reached CNY 32,095,271.26, compared to CNY 24,003,978.42 in the previous year, indicating a significant increase of about 33%[87]. Cash Flow and Management - The net cash flow from operating activities improved to approximately -¥20.80 million, compared to -¥67.46 million in the same period last year, indicating better cash management[19]. - Cash and cash equivalents at the end of the period were ¥332,411,923.97, accounting for 30.62% of total assets, down 18.94% from the previous year[32]. - The company reported a net cash flow from operating activities of CNY 29,650,509.57, a significant recovery from a net outflow of CNY 21,304,992.33 in the first half of 2020[93]. - The company reported a net decrease in cash and cash equivalents of CNY 25,012,181.01 for the first half of 2021, compared to a much larger decrease of CNY 181,166,600.75 in the same period of 2020[94]. Assets and Liabilities - The total assets decreased by 6.28% to approximately ¥1.08 billion from ¥1.16 billion at the end of the previous year[19]. - The total amount of accounts receivable increased by 15.51% to ¥123,622,070.76, which may pose a risk of bad debts due to potential payment difficulties from department stores[33]. - Total liabilities decreased from CNY 184,770,113.83 to CNY 105,983,087.15, a decrease of approximately 42.5%[75]. - The total equity at the end of the reporting period is CNY 1,231,462,803.93, an increase from CNY 1,205,528,906.61 at the end of the previous year, representing a growth of approximately 2.15%[104]. Operational Changes - The company has highlighted potential risks in its management discussion, advising investors to be cautious[6]. - The company is in the process of deregistering several subsidiaries to optimize its asset structure and reduce operational costs[37]. - The company has undergone a reduction in the scope of consolidation due to the cancellation of several subsidiaries, including the full cancellation of two subsidiaries in January 2021[110]. Marketing and Sales - The company achieved a revenue of 477 million RMB, representing a year-on-year growth of 22.90%[29]. - Direct sales channels generated revenue of 453 million RMB, an increase of 28.97% year-on-year[29]. - Online sales revenue reached 82 million RMB, showing a significant growth of 93.71%[29]. - The company has established a comprehensive marketing network with a focus on both online and offline sales strategies[28]. Research and Development - Research and development expenses decreased significantly by 89.03% to ¥315,246.14 from ¥2,874,747.07, attributed to a reduction in R&D personnel and spending[31]. - The company has not reported any new product launches or technological advancements during this period[105]. Governance and Compliance - The company held its annual general meeting on May 21, 2021, where all proposed resolutions were approved without any rejections[45]. - The company confirmed compliance with commitments regarding shareholding restrictions post-initial public offering[53]. - The company plans to continue adhering to legal and regulatory requirements in its operations and governance[50]. Environmental and Social Responsibility - The company emphasized its commitment to environmental protection and energy conservation in its operations[50]. - The company is not classified as a key pollutant discharge unit and adheres to environmental protection regulations[50]. Financial Reporting and Accounting Policies - The financial statements are prepared based on the assumption of going concern, indicating the company's ability to continue operations for at least 12 months from the reporting date[112]. - The company's accounting policies and estimates are tailored to the company's operational characteristics, ensuring compliance with relevant accounting standards[113]. - The company adopts the equity method for investments in joint ventures, recognizing assets and liabilities based on its share of the joint arrangement[129].

Financial Performance - The company's operating revenue for 2020 was ¥892,184,219.26, a decrease of 27.80% compared to ¥1,235,692,550.74 in 2019[20] - The net profit attributable to shareholders was -¥43,532,851.68, a decline of 560.08% from a profit of ¥9,461,917.28 in the previous year[20] - The cash flow from operating activities showed a net outflow of -¥10,857,142.59, a decrease of 121.99% compared to a positive cash flow of ¥49,381,180.70 in 2019[20] - The total assets at the end of 2020 were ¥1,158,158,090.22, down 8.74% from ¥1,269,141,826.31 at the end of 2019[21] - The net assets attributable to shareholders decreased to ¥973,353,231.34, a reduction of 4.89% from ¥1,023,407,084.38 in 2019[21] - The basic earnings per share for 2020 was -¥0.200, a decrease of 554.55% from ¥0.044 in 2019[22] - The weighted average return on equity was -4.36%, a decrease of 5.29 percentage points from 0.93% in the previous year[22] - The company reported a total of CNY 432,404.34 in overseas assets, representing 0.04% of total assets, indicating limited international exposure[34] - The company achieved a revenue of 892.18 million RMB in 2020, a decrease of 27.80% year-on-year[38] - The net profit attributable to shareholders was -43.53 million RMB, reflecting a significant decline due to the pandemic and reduced sales channels[41] Cash Flow and Investments - The cash flow from operating activities showed a significant improvement, with a negative cash flow of CNY 46.13 million in Q1 turning positive to CNY 39.51 million in Q4[25] - The company reported a total of CNY 38,100,000 in investments in financial products or structured deposits, achieving an investment income of CNY 841.14 million[96] - The company received 260,950,000.00 RMB from investment recoveries, down from 396,180,000.00 RMB in the previous year[176] - Cash inflow from investment activities totaled 271,164,147.94 RMB, with cash outflow of 266,879,047.13 RMB, leading to a net cash flow of 4,285,100.81 RMB[177] Sales and Market Performance - The overall retail sales of footwear in China decreased by 6.6% year-on-year, reflecting the impact of the pandemic on the industry[32] - The online retail sales of physical goods grew by 14.8%, highlighting a shift in consumer behavior towards e-commerce during the pandemic[32] - The company operated 1,318 physical stores by the end of the reporting period, with 1,098 being direct-operated stores, a net decrease of 80 stores during the year[38] - Online sales revenue reached 135 million RMB, accounting for 15.20% of total revenue, with a year-on-year growth of 53.61%[38] - The company reported a significant drop in foreign sales revenue, which was only 14 million RMB, a decrease of 91.77% compared to the previous year[41] Strategic Initiatives - The company plans not to distribute cash dividends for the 2020 fiscal year, pending approval from the shareholders' meeting[5] - The company is focusing on digital transformation and data management to enhance its competitive edge in the evolving retail landscape[33] - The company has indicated potential risks in its future plans and strategies, urging investors to be cautious[6] - The company plans to enhance its brand operation capabilities and accelerate the digital transformation of offline stores in 2021[70] - The company is enhancing its marketing channels by integrating online and offline sales, including live streaming and social media marketing[70] Operational Challenges - The decline in net profit was primarily due to reduced domestic sales and a significant drop in export orders, exacerbated by the impact of the pandemic[22] - The company faced a 65.85% reduction in R&D expenses, totaling 4.36 million RMB, due to a decrease in R&D personnel[42] - The company experienced a significant decrease in export orders, particularly in North America, due to trade protectionism and customer order shifts[46] - The company faces risks related to inventory control, with a focus on reducing unsold stock and improving inventory turnover rates[72] Governance and Compliance - The company maintains compliance with the Shanghai Stock Exchange's disclosure rules, ensuring timely and accurate information dissemination to all shareholders[5] - The internal control audit report for 2020 received a standard unqualified opinion, indicating no significant deficiencies were found[141] - The company has established a commitment to not engage in competing businesses during the period of holding shares[83] - The company has obligations to compensate for any losses incurred due to social insurance or housing fund contributions that were not paid prior to the signing of the commitment letter[83] Human Resources and Management - The company employed a total of 4,390 staff, with 2,240 in the parent company and 2,150 in major subsidiaries[129] - The company has implemented a training program focusing on management and business skills to enhance employee development[131] - The company has a diverse educational background among employees, with 3,670 having education below college level[129] - The company has a well-defined process for determining the remuneration of directors and senior management based on performance evaluations[126] Future Outlook - The company plans to focus on market expansion and new product development to improve future performance[171] - The company aims to become a leading domestic footwear enterprise, focusing on providing comfortable, stylish shoes for modern women of all ages[68]