北京植德（上海）律师事务所（以下简称"本所"）接受贵公司的委托，指 派律师出席并见证贵公司 2023 年年度股东大会（以下简称"本次会议"）。 北京植德（上海）律师事务所 关于厦门松霖科技股份有限公司 2023 年度股东大会的 法律意见书 植德沪(会)字[2024]0024 号 致：厦门松霖科技股份有限公司（松霖科技/贵公司） 本所律师参加本次会议进行见证，并根据《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》"）、《上市 公司股东大会规则（2022 修订）》（以下简称"《股东大会规则》"）、《律师事务所 从事证券法律业务管理办法（2023）》（以下简称"《证券法律业务管理办法》"）、 《律师事务所证券法律业务执业规则（试行）》（以下简称"《证券法律业务执业 规则》"）等相关法律、行政法规、规章、规范性文件及《厦门松霖科技股份有限 公司章程》（以下简称"《公司章程》"）的规定，就本次会议的召集与召开程序、 召集人资格、出席会议人员资格、会议表决程序及表决结果等事宜，出具本法律 意见书。 对本法律意见书的出具，本所律师特作如下声明： 1．本所律师仅就本次会议的 ...

| 证券代码：603992 | 证券简称：松霖科技 | 公告编号：2024-033 | | --- | --- | --- | | 转债代码：113651 | 转债简称：松霖转债 | | 重要内容提示： 厦门松霖科技股份有限公司 2023 年年度股东大会决议公告 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法律责任。 本次会议是否有否决议案：无 一、 会议召开和出席情况 | 1、出席会议的股东和代理人人数 | 14 | | --- | --- | | 2、出席会议的股东所持有表决权的股份总数（股） | 355,485,070 | | 3、出席会议的股东所持有表决权股份数占公司有表决权股 | | | 份总数的比例（%） | 87.1312 | (四) 表决方式是否符合《公司法》及《公司章程》的规定，大会主持情况等。 本次股东大会由董事会召集，采用现场会议及网络投票相结合方式召开，由 (一) 股东大会召开的时间：2024 年 5 月 20 日 (二) 股东大会召开的地点：厦门市海沧区阳光西路 298 号 (三) 出席会议的普通股股东和恢复 ...

Group 1: Company Overview and Strategy - The company operates under the "IDM hardware invisible champion incubation platform" strategy, focusing on kitchen and bathroom health products, beauty health products, and emerging smart health products [2] - The company aims to enhance product value through shared models, manufacturing, and technology, targeting high-value IDM hardware products for global brands and retailers [2] Group 2: Financial Performance - In 2023, the company achieved a revenue of 298,341.99 million yuan, a decrease of 6.20% year-on-year, with overseas revenue at 194,027.07 million yuan (down 10.26%) and domestic revenue at 104,314.91 million yuan (up 2.42%) [2] - The net profit attributable to shareholders, excluding non-recurring gains and losses, was 35,773.74 million yuan, reflecting a year-on-year increase of 24.21% [2] Group 3: Revenue Sources - The main revenue sources are from kitchen and bathroom products and beauty health products, with kitchen products generating 2.615 billion yuan (down 7.46%) and beauty health products generating 259 million yuan (up 79.19%) in 2023 [3] Group 4: Revenue Decline Reasons - The decline in revenue is primarily attributed to a drop in kitchen product sales, influenced by macroeconomic conditions and clients' inventory reduction strategies [4] - In Q1 2024, the company reported a revenue growth of 12.61%, with both kitchen and beauty health categories showing double-digit growth [5] Group 5: Product Development and Future Plans - The company is currently developing smart health products such as anti-snoring pillows and sleep aids, with revenue expected to start in 2023 and increase annually [6] - The construction of the Vietnam factory is underway, with plans to complete building and equipment installation this year and start production in the second half of next year, involving an investment of approximately 300 million yuan [7] Group 6: Future Revenue Contribution - The revenue contribution from the Vietnam factory for the next year is uncertain and will depend on initial market operations [8]

Group 1: Business Overview - In 2023, the company achieved operating revenue of 298,341.99 million CNY, a decrease of 6.20% year-on-year, with overseas revenue at 194,027.07 million CNY, down 10.26%, and domestic revenue at 104,314.91 million CNY, up 2.42% [3] - The net profit attributable to shareholders, after deducting non-recurring gains and losses, was 35,773.74 million CNY, an increase of 24.21% year-on-year [3] - In Q1 2024, the company reported operating revenue of 68,103.67 million CNY, a year-on-year increase of 12.61%, with net profit attributable to shareholders at 10,222.03 million CNY, up 156.89% [4] Group 2: Strategic Focus - The company has focused on the "IDM hardware invisible champion incubation platform" strategy, emphasizing innovation, design, and manufacturing [3] - The company divested the "Songlin Home" business to concentrate resources on the IDM hardware segment, enhancing its market competitiveness and financing capabilities [3] - The construction of a production base in Vietnam is underway, which is a key part of the company's overseas expansion strategy [3][7] Group 3: Business Segments Performance - The kitchen and bathroom segment generated revenue of 261,522.60 million CNY in 2023, a decrease of 7.46%, while the beauty and health segment saw significant growth with revenue of 25,920.47 million CNY, up 79.19% [4] - In Q1 2024, the kitchen segment showed steady growth, while the beauty and health segment experienced rapid growth [4] Group 4: Market Insights and Customer Relations - The company perceives stable market demand without significant inventory accumulation from Q3 last year to April this year [4] - There is a price adjustment mechanism in place to maintain customer relationships despite fluctuations in raw material prices and exchange rates [5] Group 5: Product Development and Innovation - The company emphasizes technological innovation and differentiation as its core competitive advantage, collaborating with influential brands [6] - Plans for product expansion include focusing on health-oriented kitchen products and deepening technological innovation in the beauty and health sector [6][7]

各位投资人大家早上好我是开元轻工的洛阳欢迎大家来参加我们松林科技近期经营情况的这样一个小范围的会议交流我们今天也是非常荣幸的请到了我们公司的董益吴总来跟我们进行这样一个交流 那我们看到在刚刚过去的财报季23年公司是做了比较大的这样一个业务调整剥离掉了松林家更聚焦于我们公司整体的核心业务那公司一季度的收入利润表现也是非常亮眼的收入增长是超过了10%利润是实现了半倍这样的一个增长 那下面我们还是首先请吴总给我们对公司整体23年的经营情况以及24年一季度的这样一个经营情况做简单的一个介绍我们有请吴总在这边我可能跟各位也分享一下公司的整个的一个业务的一个情况因为树林科技它纯粹做的是一个2B的业务不做自由品牌业务或者是大家所理解的做的一个是贴牌的业务 整个的话它主要还是以国外的客户为主所以它还是以出口为主的这种的企业目前它所涉及的当下的品类主要是厨艺健康品类跟美容健康品类厨艺品类的话整个也是当下的整个的公司的业务的主要一个收入构成它整个涉及的产品主要是 花洒、淋漆、除黄龙头、震能马桶这一类的一些产品美龙健康的话现在是公司的第二增长曲线它涉及的产品主要是美龙泥、美龙花洒、口腔护理然后就是冲牙器还有电霸仪这一类的一些产品 ...

Investment Rating - The report maintains a rating of "Accumulate" for the company [10][32]. Core Insights - The company has successfully divested the "Songlin Home" business, allowing it to focus more on its core operations [11][32]. - The first quarter of 2024 showed strong performance with a revenue of 681 million yuan, a year-on-year increase of 12.61%, and a net profit of 111 million yuan, up 154.72% year-on-year [22]. - The company is expected to see significant growth in net profit over the next few years, with projections of 482 million yuan, 584 million yuan, and 716 million yuan for 2024, 2025, and 2026 respectively, representing year-on-year growth rates of 37%, 21%, and 23% [32]. Financial Performance Summary - In 2023, the company reported a revenue of 2,983 million yuan, a decrease of 6.2% year-on-year, while the net profit was 352 million yuan, an increase of 34.9% year-on-year [10][22]. - The gross margin and net margin for 2023 were 35.02% and 13.11%, respectively, both showing improvements compared to the previous year [12][22]. - The company's operating cash flow for Q1 2024 was 131 million yuan, reflecting a year-on-year growth of 37.25% [11]. Product and Market Dynamics - The company has optimized its product structure, with steady growth in kitchen and bathroom health products as well as beauty health products [11][12]. - The average selling price for kitchen health products decreased by 6.73% to 47.26 yuan per unit, while beauty health products saw a price increase of 9.61% to 59.86 yuan per unit [12]. - The company aims to become a hidden champion in the health hardware IDM business, focusing on niche categories after the divestment of "Songlin Home" [32].

Investment Rating - The investment rating for the company is "Buy" (maintained) with a target price not specified [11] Core Views - The company has shown significant growth in its beauty and health segment, with a 79% increase in revenue for beauty health products in 2023 [4] - The company is actively expanding its product offerings in the beauty and health sector, leveraging AIOT technology to enhance its "IDM hardware platform" strategy [6][21] - The company reported a net profit of 3.5 billion yuan in 2023, a 35% increase year-on-year, despite a slight decline in overall revenue [4] Financial Performance - In Q1 2024, the company achieved a gross margin of 35.5%, up 2 percentage points year-on-year, and a net margin of 16.4%, up 8 percentage points [2] - The company's total revenue for 2023 was 30 billion yuan, a decrease of 6% compared to the previous year, with a notable increase in net profit [4] - The company’s overseas revenue in 2023 was 19 billion yuan, down 10%, while domestic revenue was 10 billion yuan, up 2% [7] Product Segmentation - The kitchen and bathroom health product segment generated 2.6 billion yuan in revenue, a decrease of 7%, while the beauty health product segment saw a significant increase [4] - The company is focusing on developing innovative products in the beauty and health categories, including various smart health devices [20][22] Research and Development - The company has increased its R&D investment to enhance its product offerings, including technologies for beauty showers, oral care devices, and skin detection technologies [8] - The company is leveraging its internal R&D platform to incubate new smart health hardware, aiming to expand into emerging health technology markets [23] Future Outlook - The company expects to achieve net profits of 4.90 billion yuan, 5.98 billion yuan, and 7.21 billion yuan for the years 2024, 2025, and 2026 respectively, with corresponding EPS of 1.20, 1.47, and 1.77 yuan per share [21]

| 证券代码：603992 | 证券简称：松霖科技 | 公告编号：2024-031 | | --- | --- | --- | | 转债代码：113651 | 转债简称：松霖转债 | | 厦门松霖科技股份有限公司 股东减持股份计划公告 本公司董事会、全体董事及相关股东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： 股东持股的基本情况：截至本公告披露日，厦门联正智创投资合伙企业（有 限合伙）（以下简称"联正智创"） 直接持有厦门松霖科技股份有限公司（以 下简称"公司"或"松霖科技"）3,731,900 股，占公司总股本的 0.91%；厦 门信卓智创投资合伙企业（有限合伙）（以下简称"信卓智创"）直接持有公 司 5,049,500 股，占公司总股本的 1.24%，厦门励众合投资合伙企业（有限 合伙）（以下简称"励众合"）直接持有公司 1,386,000 股，占公司总股本的 0.34%。联正智创、信卓智创、励众合为公司实际控制人周华松先生控制的 员工持股平台。上述股份为公司首次公开发行前取得的股份，于 2022 年 8 月 25 日解除限 ...

本报告仅供 Choice 东方财富 使用，请勿传阅。 2024 年 05 月 05 日 松霖科技(603992.SH) 美容健康快增+海外复苏, 期待 24 年业绩持续回升 事件：松霖科技发布 2023 年年报与 2024 年一季报。2023 年公司实 现营业收入 29.83 亿元，同比下降 6.20%；归母净利润 3.52 亿元， 同比增长 34.94%；扣非后归母净利润 3.58 亿元，同比增长 24.21% （倍杰特扣非归母净利润 0.80 亿元，超过承诺数 0.16 亿元，完成业 绩承诺的 125%）。其中 2023Q4 公司实现营业收入 7.90 亿元，同比 增长 13.71%；归母净利润 0.48 亿元，同比增长 49.73%；扣非后归母 净利润 0.68 亿元，同比增长 125.96%。2024Q1 公司实现营业收入 6.81 亿元，同比增长 12.61%；归母净利润 1.11 亿元，同比增长 154.72%； 扣非后归母净利润 1.02 亿元，同比增长 156.89%。 厨卫健康逐季回升，美容健康发展势头迅猛 公司定位于打造"健康硬件的 IDM 品类冠军孵化平台"IDM 模式战略， 不断将研发 ...

Financial Performance - The company's revenue for Q1 2024 reached ¥681,036,666.55, representing a year-on-year increase of 12.61%[4] - Net profit attributable to shareholders was ¥111,332,113.46, marking a significant increase of 154.72% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥102,220,269.00, up by 156.89% year-on-year[4] - Basic and diluted earnings per share were both ¥0.27, an increase of 145.45% compared to the previous year[4] - Operating profit for Q1 2024 was ¥124,038,735.91, significantly higher than ¥55,569,586.38 in Q1 2023, marking an increase of 123.4%[20] - Net profit for Q1 2024 was ¥124,205,353.75, compared to ¥55,433,542.36 in Q1 2023, representing a growth of 124.1%[20] - The total comprehensive income for Q1 2024 was CNY 111,335,569.27, compared to CNY 50,875,602.13 in Q1 2023, indicating a growth of 118.5%[21] Cash Flow and Investments - The net cash flow from operating activities was ¥131,011,744.62, reflecting a growth of 37.25%[4] - The operating cash flow for Q1 2024 was CNY 131,011,744.62, up from CNY 95,454,148.46 in the same period last year, representing an increase of 37.2%[24] - The net cash flow from investment activities in Q1 2024 was -CNY 118,060,823.67, an improvement from -CNY 234,260,710.90 in Q1 2023[25] - The total cash outflow from financing activities in Q1 2024 was CNY 105,158,396.37, compared to CNY 10,478,731.01 in Q1 2023, indicating a significant increase in financing activities[25] - The company reported a decrease in cash outflow for employee payments to CNY 178,167,854.08 in Q1 2024 from CNY 181,556,543.02 in Q1 2023, a reduction of 1.3%[24] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,110,729,337.44, a decrease of 3.33% from the end of the previous year[5] - Total assets as of March 31, 2024, were ¥4,110,729,337.44, down from ¥4,252,186,255.10 at the end of 2023, a decrease of 3.3%[16] - Total liabilities decreased to ¥1,418,351,964.66 from ¥1,680,575,671.06, a reduction of 15.6%[16] - Shareholders' equity attributable to the parent company increased by 4.70% to ¥2,692,377,372.78[5] - Shareholders' equity increased to ¥2,692,377,372.78 from ¥2,571,610,584.04, an increase of 4.7%[16] Operational Highlights - The company recognized government subsidies amounting to ¥7,159,084.99 during the period[5] - The company reported a significant increase in net profit primarily due to order growth and the disposal of the home furnishing business in September 2023[5] - Total operating revenue for Q1 2024 reached ¥681,036,666.55, an increase of 12.6% compared to ¥604,789,335.11 in Q1 2023[20] - Total operating costs for Q1 2024 were ¥569,455,319.38, up from ¥551,593,730.22 in Q1 2023, reflecting a rise of 3.2%[20] - Research and development expenses for Q1 2024 were ¥47,988,524.33, slightly up from ¥45,008,412.84 in Q1 2023, indicating a growth of 6.6%[20] Receivables and Cash Management - Cash and cash equivalents decreased to ¥828,979,213.19 from ¥903,579,063.99 as of December 31, 2023, a decline of 8.2%[14] - Accounts receivable decreased to ¥478,517,243.58 from ¥559,785,851.89, a reduction of 14.5%[14] - Cash and cash equivalents at the end of Q1 2024 were CNY 828,606,767.99, down from CNY 976,384,026.91 at the end of Q1 2023[25] - The company received CNY 40,310,939.10 in tax refunds during Q1 2024, compared to CNY 21,019,725.65 in Q1 2023, showing an increase of 91.7%[24] - The weighted average return on equity rose by 2.24 percentage points to 4.23%[4]