证券代码：605299 证券简称：舒华体育 公告编号：2023-028 舒华体育股份有限公司 第四届监事会第六次会议决议公告 本公司监事会及全体监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、准确性和完整性依法承担法律责任。 一、监事会会议召开情况 舒华体育股份有限公司（以下简称"公司"）第四届监事会第六次会议于 2023 年 8 月 16 日以现场会议的方式在公司会议室召开，会议通知已于 2023 年 8 月 5 日通过邮件方式送达全体监事。本次会议由监事会主席许贤祥先生主持，本次会 议应出席监事 3 人，实际出席监事 3 人。本次会议的召集、召开符合《公司法》 《公司章程》的有关规定，决议内容合法有效。 二、监事会会议审议情况 （一）审议通过《关于公司 2023 年半年度报告及其摘要的议案》 经审议，监事会认为：公司 2023 年半年度报告及其摘要的编制和审议程序 符合相关法律法规及公司章程等内部规章制度的规定；公司 2023 年半年度报告 的内容和格式符合中国证监会和上海证券交易所的规定，所载信息能从各个方面 真实反映出公司 2023 年上半年度的经营管理和财务状况等 ...

证券代码：605299 证券简称：舒华体育 公告编号：2023-024 舒华体育股份有限公司 关于变更公司 2022 年回购股份用途公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 舒华体育股份有限公司（以下简称"公司"）于 2023 年 8 月 16 日召开第四 届董事会第六次会议，审议通过了《关于变更公司 2022 年回购股份用途的议案》， 同意对回购股份的用途进行变更，由原用途"用于员工持股计划"变更为"用于 股权激励计划"，现将相关事项公告如下： 一、变更前公司回购方案概述及实施情况 公司于2022年4月6日召开第三届董事会第二十次会议，审议通过了《关于以 集中竞价交易方式回购公司股份方案的议案》，同意公司使用自有资金以集中竞 价交易方式回购公司股份，回购后的股份将用于员工持股计划。回购资金总额不 低于人民币1,100万元（含）且不超过人民币2,200万元（含），回购股份的价格 不超过人民币19元/股（含），回购期限自董事会审议通过回购股份方案之日起 不超过6个月内。 2022年4月15日，公司 ...

证券代码：605299 证券简称：舒华体育 公告编号： 2023-021 舒华体育股份有限公司 关于参加沪市智能家居行业上市公司 2022 年度集体业绩说明会的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： （二） 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） （三）会议召开方式：上证路演中心网络互动 ●会议召开时间：2023 年 6 月 2 日(星期五)下午 16:00-17:00 ● 会 议 召 开 地 点 ： 上 海 证 券 交 易 所 上 证 路 演 中 心 （ 网 址 ： http://roadshow.sseinfo.com/） ●会议召开方式：上证路演中心网络互动 ●投资者可于 2023 年 5 月 26 日(星期五)至 6 月 1 日(星期四)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@shuhua.com 进行提问。公司将在说明会上对投 ...

证券代码：605299 证券简称：舒华体育 公告编号：2023-020 1 舒华体育股份有限公司 关于参加福建辖区上市公司 2023 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、准确性和完整性依法承担法律责任。 为进一步加强与投资者的互动交流，舒华体育股份有限公司（以下简称"公 司"）将参加由中国证券监督管理委员会福建监管局、福建省上市公司协会与深 圳市全景网络有限公司联合举办的"2023 年福建辖区上市公司投资者网上集体 接待日活动"。现将有关事项公告如下： 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 （https://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP，参 与本次互动交流，活动时间为 2023 年 5 月 15 日（周一）16:00-17:30。届时公司 高管将在线就公司 2022 年度业绩、公司治理、发展战略、经营状况、融资计划、 股权激励和可持续发展等投资者关心的问题，与投资者进行沟通与交流，欢迎广 大投资者踊跃参与! 特此公告。 舒华体育股份有限公 ...

Financial Performance - The company's operating revenue for Q1 2023 was CNY 253,079,858.86, representing a decrease of 8.83% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was CNY 14,464,305.83, an increase of 8.90% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 11,957,843.06, reflecting a growth of 10.90% compared to the previous year[6]. - The basic earnings per share for the period was CNY 0.0353, up by 9.22% from the same quarter last year[7]. - Total revenue for Q1 2023 was CNY 253,079,858.86, a decrease of 8.9% compared to CNY 277,592,621.57 in Q1 2022[19]. - Net profit for Q1 2023 reached CNY 14,464,305.83, an increase of 8.9% from CNY 13,282,711.10 in Q1 2022[20]. - Total comprehensive income for the first quarter of 2023 was CNY 14,464,305.83, an increase from CNY 13,282,711.10 in the same period of 2022, representing a growth of approximately 8.9%[21]. - Basic and diluted earnings per share for Q1 2023 were CNY 0.04, up from CNY 0.03 in Q1 2022, indicating a 33.3% increase[21]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,804,392,352.23, a decrease of 1.72% from the end of the previous year[7]. - Total current assets as of March 31, 2023, were CNY 970,681,199.81, a slight decrease from CNY 986,342,264.66 as of December 31, 2022[14]. - Total liabilities as of March 31, 2023, were CNY 501,804,201.01, down from CNY 547,890,336.38 as of December 31, 2022[15]. - The company’s total equity as of March 31, 2023, was CNY 1,302,588,151.22, an increase from CNY 1,288,074,594.83 as of December 31, 2022[16]. - Total assets as of March 31, 2023, were CNY 1,594,397,356.36, compared to CNY 1,579,117,210.66 at the end of 2022, showing a slight increase of about 1.0%[26]. - Total liabilities as of March 31, 2023, were CNY 484,863,952.39, up from CNY 476,381,432.94 at the end of 2022, indicating an increase of approximately 1.8%[26]. Cash Flow - The net cash flow from operating activities was CNY 11,528,451.67, with no applicable year-on-year comparison[6]. - Cash inflows from operating activities totaled CNY 323,777,547.05, slightly down from CNY 330,248,890.00 in Q1 2022, a decrease of about 1.4%[23]. - The company reported a net cash flow from operating activities of ¥3,694,415.06, compared to a negative cash flow of ¥30,608,728.97 in Q1 2022[34]. - Cash and cash equivalents at the end of Q1 2023 amounted to CNY 224,315,973.50, an increase from CNY 128,629,018.04 at the end of Q1 2022, reflecting a growth of approximately 74.5%[24]. - Cash outflows from investing activities were CNY 41,507,188.07 in Q1 2023, down from CNY 96,582,827.10 in Q1 2022, a decrease of about 57.0%[23]. - Cash inflows from financing activities were CNY 35,000,000.00, compared to CNY 66,000,000.00 in the same period last year, reflecting a decrease of approximately 47.0%[24]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 17,534[10]. - The largest shareholder, Jinjiang Shuhua Investment Development Co., Ltd., holds 64.88% of the shares, totaling 266,983,760 shares[10]. Research and Development - Research and development expenses for Q1 2023 were CNY 6,746,662.79, a decrease of 15.7% compared to CNY 7,999,115.78 in Q1 2022[20]. - Research and development expenses for Q1 2023 were ¥4,255,611.40, down 24.6% from ¥5,653,067.40 in Q1 2022[28]. Other Financial Metrics - The company received government subsidies amounting to CNY 1,199,650.34, which are closely related to its normal business operations[6]. - The company reported a decrease in accounts receivable to CNY 201,853,920.23 from CNY 219,296,841.53 year-over-year[14]. - The company’s cash and cash equivalents increased to CNY 236,044,338.45 from CNY 222,516,223.38 as of the previous reporting period[14]. - The company’s financial expenses decreased to ¥218,113.62 in Q1 2023 from ¥81,015.19 in Q1 2022[28]. - The company plans to implement new accounting standards starting in 2023, which may affect the financial statements[35].

Financial Performance - The company's operating revenue for 2022 was approximately ¥1.35 billion, a decrease of 13.47% compared to ¥1.56 billion in 2021[23]. - Net profit attributable to shareholders for 2022 was approximately ¥109.44 million, down 5.49% from ¥115.79 million in 2021[23]. - Basic earnings per share for 2022 was ¥0.27, a decrease of 3.57% from ¥0.28 in 2021[24]. - The weighted average return on equity decreased to 8.66% in 2022 from 9.06% in 2021, reflecting a decline of 0.4 percentage points[24]. - Total assets at the end of 2022 were approximately ¥1.84 billion, an increase of 1.29% from ¥1.81 billion at the end of 2021[23]. - The company's net assets attributable to shareholders were approximately ¥1.29 billion, a slight increase of 0.27% compared to ¥1.28 billion at the end of 2021[23]. - The company's operating revenue for the reporting period was 1,351.61 million yuan, a decrease of 13.47% compared to the same period last year[35]. - The operating cost was 948.40 million yuan, down 15.44% year-on-year[35]. - The operating profit was 136.79 million yuan, a decline of 9.56% year-on-year[35]. - The company reported a significant reduction in various operational expenses, contributing to improved cash flow despite lower revenues[24]. Cash Flow and Investments - The net cash flow from operating activities increased by 96.91% year-on-year, reaching approximately ¥213.70 million, primarily due to reduced employee payments and lower tax expenses[24]. - The company invested ¥150,000,000 in new financial products during the year, impacting cash flow from investing activities[66]. - The company reported a significant increase in cash flow from foreign exchange adjustments, up 675.43% to ¥985,042.52[82]. - The company has a high accounts receivable balance of 219.30 million, accounting for 22.23% of current assets, which increases the risk of bad debts[107]. - The company's inventory value at the end of the reporting period was 277.98 million, representing 15.14% of total assets, with a short average inventory age of less than one year[108]. Governance and Compliance - The company has established a comprehensive governance structure, including a board of directors with 9 members, of which 3 are independent directors[112]. - There were no violations of laws or regulations by shareholders, directors, supervisors, or senior management during the reporting period[113]. - The company has not experienced any instances of major shareholders misappropriating company funds or assets[113]. - The company’s governance practices align with the requirements of the Corporate Governance Code for listed companies[113]. - The company has conducted its shareholder meetings in compliance with the Company Law and its Articles of Association[114]. Risk Management - The company emphasizes the importance of risk awareness in its forward-looking statements, advising investors to pay attention to potential risks[6]. - The company has not faced any risks that would prevent more than half of the board members from ensuring the authenticity and completeness of the annual report[7]. - The company is facing risks from fluctuating raw material prices, particularly steel, which could impact product gross margins and overall financial performance[107]. - The company is addressing potential risks from macroeconomic changes, which could affect market demand for fitness equipment and display products[106]. Market and Industry Trends - The fitness equipment industry is experiencing growth due to rising consumer demand for professional, safe, and intelligent products, supported by favorable government policies[36]. - The trend in the fitness equipment industry is shifting towards more professional and intelligent products to meet diverse consumer needs[97]. - The demand for fitness equipment is becoming more diversified and scenario-based, leading to a richer competitive landscape[97]. - The sports and fitness industry has grown into a trillion-yuan market, with significant value added in recent years[96]. Employee and Corporate Social Responsibility - The company provides various employee benefits, including housing subsidies, meal allowances, paid annual leave, free shuttle services, and access to a gym[140]. - The company emphasizes employee training and development, implementing a digital learning model and various training programs for skill enhancement[141]. - The company donated over 22 million RMB to various charitable activities, including support for employees in need and educational assistance for underprivileged students[164]. - The company has implemented various environmental protection measures, including the establishment of a distributed rooftop photovoltaic power station to enhance energy efficiency[159]. Strategic Initiatives - The company plans to focus on market expansion and new product development to enhance future growth prospects[24]. - The company aims to achieve a sales target of 10 billion yuan by 2030, focusing on becoming a "scientific sports service provider"[35]. - In 2023, the company plans to implement four strategic initiatives centered around user focus, resource matching, organizational upgrade, and digital transformation to improve operational efficiency[102]. - The company is focusing on international market expansion through key customer maintenance and brand promotion to achieve breakthroughs in cross-border e-commerce[104]. Shareholder Relations - The company plans to distribute a cash dividend of 2.50 RMB per 10 shares to all shareholders, based on a total share capital of 41,149.9 million shares, excluding 1.23 million shares held in the repurchase account[5]. - The total cash dividend amount for the year is 10,256.73 RMB, representing 93.72% of the net profit attributable to ordinary shareholders in the consolidated financial statements[147]. - The company has established a framework to manage related party transactions in compliance with relevant laws and regulations[176]. Audit and Financial Reporting - 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 engaged Tianjian Accounting Firm for auditing services, with signed auditors Zhao Zurong and Yao Rui[20]. - The internal control audit by Tianjian Accounting Firm confirmed effective financial reporting internal controls as of December 31, 2022, with a standard unqualified opinion[153].

Financial Performance - The company's operating revenue for Q3 2022 was ¥309,912,370.57, a decrease of 14.25% compared to the same period last year[6] - The net profit attributable to shareholders for Q3 2022 was ¥16,638,249.61, down 17.22% year-on-year[6] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥14,782,500.90, reflecting a decline of 19.01% compared to the previous year[6] - The basic earnings per share for Q3 2022 was ¥0.04, a decrease of 20.00% year-on-year[7] - Total operating revenue for the first three quarters of 2022 was RMB 929,751,334.54, a decrease of 14.65% compared to RMB 1,089,381,874.75 in the same period of 2021[21] - Total operating costs for the first three quarters of 2022 were RMB 858,189,662.10, down 13.91% from RMB 996,358,752.40 in the previous year[21] - The net profit for Q3 2022 was CNY 63,480,164.01, a decrease of 18.5% compared to CNY 77,958,020.86 in Q3 2021[23] - Total revenue from operating activities for the first three quarters of 2022 was CNY 962,820,344.87, down 14.7% from CNY 1,128,857,287.16 in the same period of 2021[25] - Operating profit for the first three quarters of 2022 was CNY 96,967,113.27, down from CNY 113,807,508.87 in 2021, reflecting a decline of approximately 15%[32] - Net profit for the first three quarters of 2022 was CNY 96,572,531.50, compared to CNY 106,263,951.57 in 2021, indicating a decrease of about 9%[33] Assets and Liabilities - The total assets at the end of the reporting period were ¥1,854,395,229.22, an increase of 2.31% from the end of the previous year[7] - The equity attributable to shareholders at the end of the reporting period was ¥1,241,985,716.63, a decrease of 3.32% compared to the end of the previous year[7] - As of September 30, 2022, total assets amounted to RMB 1,854,395,229.22, an increase from RMB 1,812,543,048.86 at the end of 2021[19] - Current assets totaled RMB 999,580,280.43, up from RMB 925,001,601.43 at the end of 2021[17] - Total liabilities reached RMB 612,409,512.59, compared to RMB 527,875,935.78 at the end of 2021[19] - Total current assets increased to CNY 851,493,391.87 in Q3 2022 from CNY 783,691,599.47 in Q3 2021, marking an increase of about 8.7%[30] - Total liabilities rose to CNY 472,810,433.42 in Q3 2022 from CNY 412,273,590.41 in Q3 2021, reflecting an increase of approximately 14.7%[30] Cash Flow - The cash flow from operating activities for the year-to-date was ¥47,759,531.86[7] - The company experienced a decrease in cash flow due to a reduction in raw material prices and production volume, leading to a decrease in cash paid for goods and services[12] - The operating cash flow net amount for Q3 2022 was CNY 47,759,531.86, recovering from a negative cash flow of CNY -92,232,630.25 in Q3 2021[25] - Cash flow from operating activities for the first three quarters of 2022 was CNY 766,833,599.21, down from CNY 963,693,922.07 in the same period of 2021, representing a decline of approximately 21%[35] - Net cash flow from operating activities was $72,778,362.98, a significant improvement from a negative cash flow of $158,144,766.93 in the previous year[36] Shareholder Information - The top shareholder, Jinjiang Shuhua Investment Development Co., Ltd., holds 64.88% of the shares[14] - The company's repurchase account held 1,230,000 shares, representing 0.30% of the total share capital[15] Research and Development - Research and development expenses for Q3 2022 were CNY 23,415,827.46, slightly down from CNY 24,796,478.19 in Q3 2021[22] - Research and development expenses for the first three quarters of 2022 were CNY 16,220,696.25, down from CNY 22,226,847.10 in 2021, indicating a decrease of approximately 27%[32] Comprehensive Income - The company reported a total comprehensive income of CNY 63,885,547.06 for Q3 2022, compared to CNY 77,982,990.14 in Q3 2021[23] Cash and Cash Equivalents - Cash and cash equivalents were RMB 170,620,618.54, a decrease from RMB 202,298,311.41 at the end of 2021[17] - The cash and cash equivalents at the end of Q3 2022 were CNY 167,437,331.63, an increase from CNY 73,966,266.21 at the end of Q3 2021[26] - The company's cash and cash equivalents increased to CNY 144,479,411.87 in Q3 2022 from CNY 117,055,238.76 in Q3 2021, an increase of about 23.4%[29] - The ending balance of cash and cash equivalents was $141,296,119.96, compared to $35,457,524.68 at the end of the previous year[36] Tax and Financial Expenses - The total tax expenses for Q3 2022 were CNY 18,869,431.88, down from CNY 22,866,289.67 in Q3 2021[22] - The company’s financial expenses decreased to CNY 794,330.76 in Q3 2022 from CNY 1,654,635.23 in Q3 2021[22]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately RMB 619.84 million, a decrease of 14.86% compared to RMB 727.99 million in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was approximately RMB 46.84 million, down 19.04% from RMB 57.86 million in the previous year[20]. - The net profit after deducting non-recurring gains and losses was approximately RMB 34.65 million, a decline of 29.13% compared to RMB 48.90 million in the same period last year[20]. - The net cash flow from operating activities was negative at approximately RMB -10.46 million, an improvement from RMB -94.69 million in the previous year[20]. - The total assets at the end of the reporting period were approximately RMB 1.75 billion, a decrease of 3.42% from RMB 1.81 billion at the end of the previous year[20]. - The net assets attributable to shareholders decreased by 3.96% to approximately RMB 1.23 billion from RMB 1.28 billion at the end of the previous year[20]. - Basic earnings per share for the first half of 2022 were RMB 0.11, down 21.43% from RMB 0.14 in the same period last year[21]. - The weighted average return on net assets was 3.67%, a decrease of 0.78 percentage points compared to 4.45% in the previous year[21]. - Operating costs were CNY 438.99 million, down 15.56% year-on-year[46]. - The company achieved operating revenue of CNY 619.84 million, a decrease of 14.86% compared to the same period last year[45]. Cash Flow and Assets - The company reported a decrease in cash payments for goods and services, leading to a decrease of RMB 135.59 million in cash outflows compared to the previous year[21]. - The company's accounts receivable stood at RMB 261.69 million, accounting for 29.39% of current assets, indicating a potential risk of bad debts[57]. - The inventory value was RMB 293.18 million, representing 16.75% of total assets, with a year-on-year decrease of 9.68%[57]. - The company's total assets included CNY 127.03 million in cash, a decrease of 37.21% due to dividend payments[49]. - The company's cash and cash equivalents decreased to CNY 127,033,202.54 from CNY 202,298,311.41, a decline of about 37.1%[118]. - The company reported a total current assets of CNY 890,305,611.20 as of June 30, 2022, down from CNY 925,001,601.43 at the beginning of the period, representing a decrease of approximately 3.8%[118]. Market and Industry Insights - The fitness equipment industry is experiencing growth driven by national policies and increasing consumer health awareness, supported by initiatives like the "National Fitness Plan (2021-2025)"[28]. - The retail sector's development is positively impacting the display rack industry, with the top 100 chain enterprises in China achieving sales of nearly 2.3 trillion RMB in 2021, despite a year-on-year decline of 2.8%[30]. - The company was recognized as one of the top ten enterprises in the Chinese light industry fitness equipment sector for five consecutive years from 2017 to 2021[32]. Research and Development - The company has developed a research and development team of over 140 people, holding 2 invention patents and 292 utility model and design patents[38]. - Research and development expenses for the first half of 2022 were CNY 16,668,119.90, slightly up from CNY 15,858,913.89 in the previous year[126]. - The company launched the Shuhua Sports APP, featuring over 100 professional training courses tailored to user fitness needs[42]. Corporate Governance and Compliance - The company has committed to avoiding any direct or indirect competition with its own business, ensuring no similar business activities will be conducted by its controlling shareholders or related parties[1]. - The company has established a framework to ensure compliance with legal regulations regarding related party transactions, including avoiding conflicts of interest[5]. - The commitments made by shareholders are effective from May 2019 and are irrevocable during their tenure as shareholders[4]. - The company has not reported any major litigation or arbitration matters during the reporting period[101]. Social Responsibility - The company donated a total of 10 million CNY to the Jinjiang Charity Association for social welfare activities, to be paid in installments over five years from 2022 to 2026[72]. - The company actively contributed 2.25 million CNY for pandemic prevention efforts during the COVID-19 outbreak in Quanzhou[72]. - The company has actively recruited impoverished individuals from outside the province to support poverty alleviation efforts[72]. Shareholder Information - The largest shareholder, Jinjiang Shuhua Investment Development Co., Ltd., holds 266,983,760 shares, representing 64.88% of total shares[110]. - The second-largest shareholder, Linzhi Anda Investment Co., Ltd., holds 20,787,061 shares, representing 5.05% of total shares[110]. - The total number of shares held by the top ten shareholders is significant, with the largest shareholder holding a majority[110]. Environmental Compliance - The company has passed the GB/T24001-2016/ISO14001:2015 environmental management system certification, demonstrating its commitment to environmental protection[68]. - The company has implemented effective measures to manage waste emissions during product development and production, ensuring compliance with environmental regulations[69]. - The company has maintained normal operation of its environmental protection facilities, with all pollutant emissions meeting relevant standards[69]. Financial Reporting and Accounting - The company adheres to the accounting standards, ensuring that the financial statements accurately reflect its financial position and performance[162]. - The company’s accounting policies include specific measures for financial instrument impairment, fixed asset depreciation, and revenue recognition[161]. - The company’s financial reporting period aligns with the calendar year, from January 1 to December 31[163].

Financial Performance - The company's operating revenue for Q1 2022 was CNY 277,592,621.57, representing a decrease of 13.74% compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company was CNY 13,282,711.10, an increase of 4.30% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 10,782,865.92, down by 12.17% compared to the previous year[6]. - Total revenue for Q1 2022 was CNY 277.59 million, a decrease of 13.73% compared to CNY 321.81 million in Q1 2021[18]. - Net profit for Q1 2022 reached CNY 13.28 million, representing an increase of 4.30% from CNY 12.74 million in Q1 2021[19]. - Total operating revenue for Q1 2022 was CNY 210,756,481.92, a decrease of 27.7% compared to CNY 291,579,405.99 in Q1 2021[28]. - Net profit for Q1 2022 was CNY 976,970.96, down 65.8% from CNY 2,857,803.52 in Q1 2021[29]. Cash Flow - The net cash flow from operating activities was negative at CNY -53,445,435.23, indicating a significant cash outflow[6]. - Cash received from sales of goods and services decreased to CNY 327,515,374.30 in Q1 2022, down 16.4% from CNY 391,931,409.54 in Q1 2021[21]. - Total cash outflow from operating activities was CNY 383,694,325.23, compared to CNY 440,954,520.19 in the previous year, indicating a reduction of 13.0%[22]. - Cash flow from investing activities showed a net outflow of -CNY 46,371,587.10 in Q1 2022, an improvement from -CNY 114,659,075.04 in Q1 2021[22]. - Cash flow from financing activities resulted in a net inflow of CNY 29,508,378.58, contrasting with a net outflow of -CNY 114,803,032.26 in the same quarter of the previous year[23]. - The ending cash and cash equivalents balance as of March 31, 2022, was CNY 128,629,018.04, down from CNY 149,303,439.37 at the end of 2021[23]. - Operating cash flow for Q1 2022 showed a net outflow of CNY 30,608,728.97, an improvement from a net outflow of CNY 46,224,566.03 in Q1 2021[31]. - Cash inflow from operating activities was CNY 300,132,406.12 in Q1 2022, down from CNY 368,933,033.03 in Q1 2021[31]. - Cash outflow for operating activities totaled CNY 330,741,135.09 in Q1 2022, compared to CNY 415,157,599.06 in Q1 2021[31]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,765,383,010.21, a decrease of 2.60% from the end of the previous year[7]. - The company's total assets as of March 31, 2022, were CNY 1.77 billion, a decrease from CNY 1.81 billion at the end of 2021[15]. - Current assets totaled CNY 891.14 million, down from CNY 925.00 million at the end of 2021[15]. - Total liabilities decreased to CNY 467.43 million from CNY 527.88 million in the previous year[16]. - Total assets increased to CNY 1,542,014,543.08 in Q1 2022, up from CNY 1,515,531,170.52 in Q1 2021[27]. - Total liabilities rose to CNY 437,767,206.74 in Q1 2022, compared to CNY 412,273,590.41 in Q1 2021[27]. Shareholder Information - The equity attributable to shareholders of the listed company was CNY 1,297,949,824.18, reflecting an increase of 1.03% compared to the previous year[7]. - The total number of ordinary shareholders at the end of the reporting period was 19,908[10]. - Basic and diluted earnings per share remained stable at CNY 0.03 for both Q1 2022 and Q1 2021[20]. Research and Development - Research and development expenses for Q1 2022 were CNY 8.00 million, slightly up from CNY 7.44 million in Q1 2021[19]. - Research and development expenses for Q1 2022 were CNY 5,653,067.40, a decrease from CNY 6,917,495.35 in Q1 2021[28]. Future Plans - The company plans to focus on market expansion and new product development in the upcoming quarters[19]. - The company reported a decrease in gross profit margin due to higher operating costs, impacting overall profitability[28].

Financial Performance - The company's operating revenue for 2021 was approximately ¥1.56 billion, representing a year-over-year increase of 5.25% compared to ¥1.48 billion in 2020[22]. - The net profit attributable to shareholders decreased by 15.45% in 2021, amounting to approximately ¥115.79 million, down from ¥136.95 million in 2020[22]. - The basic earnings per share (EPS) for 2021 was ¥0.28, a decline of 26.32% from ¥0.38 in 2020[23]. - The cash flow from operating activities decreased by 26.88% in 2021, totaling approximately ¥108.53 million compared to ¥148.42 million in 2020[25]. - The company's total assets at the end of 2021 were approximately ¥1.81 billion, down 10.02% from ¥2.01 billion at the end of 2020[22]. - The weighted average return on equity (ROE) decreased to 9.06% in 2021, down 5.83 percentage points from 14.89% in 2020[23]. - The net profit after deducting non-recurring gains and losses fell by 21.52% in 2021, amounting to approximately ¥102.47 million[24]. - The company experienced a 17.74% increase in selling expenses in 2021, totaling an additional ¥19.28 million compared to 2020[22]. - Non-recurring gains and losses increased by 108.64% in 2021, amounting to approximately ¥693.55 million[24]. - The company's net assets attributable to shareholders at the end of 2021 were approximately ¥1.28 billion, a slight decrease of 0.59% from ¥1.29 billion at the end of 2020[22]. 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[5]. - There are no non-operating fund occupations by controlling shareholders or related parties, ensuring financial integrity[8]. - The company has confirmed that all board members attended the board meeting, ensuring governance compliance[4]. - The company has not engaged in any violations of decision-making procedures for external guarantees, maintaining regulatory compliance[8]. - The company has not faced any issues with more than half of the board members being unable to guarantee the authenticity of the annual report[8]. - The company has a comprehensive risk statement in the report, highlighting possible challenges ahead[8]. - The company has established a robust governance structure with a fully attended board meeting, reflecting strong management oversight[4]. - The company has committed to transparency in its financial disclosures, with all necessary documents available for public review[17]. Market and Industry Trends - The fitness equipment industry is supported by national policies, with the goal of increasing the proportion of people regularly participating in sports to 38.5% by 2025[37]. - The overall sports fitness market is recognized as a sunrise industry with significant growth potential, supported by national strategies[94]. - The demand for fitness equipment is expected to become more specialized and intelligent, driven by diverse user needs[96]. - The company is focusing on brand building and aims to enter new markets as part of the "New National Goods" initiative[96]. Product Development and Innovation - The company launched the "Extreme Smart 2nd Generation Luxury Commercial Treadmill" in collaboration with Huawei, marking a significant step in product innovation[49]. - The company has developed a comprehensive customer service management system, providing 24/7 service and support[50]. - The company launched four new product categories, establishing a comprehensive smart fitness system and winning a gold award for its indoor smart treadmill at the China International Sporting Goods Expo[55]. - The company introduced an AI-powered speed and strength feedback system, enhancing training efficiency for athletes[56]. - The company is committed to providing integrated terminal display solutions, transitioning from simple display needs to comprehensive planning, design, production, installation, and after-sales services[99]. Risk Management - The company has outlined potential risks in its future development discussions, advising investors to pay attention to these risks[8]. - The company is facing risks from macroeconomic fluctuations that could impact consumer spending on fitness equipment, potentially affecting sales and gross margins[103]. - The company is addressing the risk of raw material price fluctuations, particularly for steel and motors, which could impact product gross margins[105]. - The company is enhancing its brand recognition while facing risks of product imitation that could harm its market image[103]. - The company faces risks related to international trade due to complex political and economic environments, which may impact product exports[106]. - Increased uncertainty in the global economy has led to heightened exchange rate fluctuations, posing risks to the company's operational performance if not effectively managed[106]. Shareholder and Management Structure - The total number of shares held by the chairman and president, Zhang Weijian, remained unchanged at 16,759,567 shares throughout the reporting period[113]. - The total pre-tax remuneration for the board members and senior management amounted to 720.03 million yuan for the reporting period[113]. - The company has maintained a consistent leadership structure with no changes in the board of directors or senior management during the reporting period[115]. - The independent directors, including Lu Yonghua, Su Weibin, and Chen Jinlong, received a pre-tax remuneration of 7.80 million yuan each[113]. - The company’s financial management is overseen by experienced professionals, including the finance director, Fu Jianmu, who has a background in education and finance[115]. Employee and Community Engagement - The company has provided extensive training opportunities for employees, enhancing their skills and promoting career development[152]. - The company has established a charity fund with donations exceeding 20 million yuan for various public welfare activities, including assistance for employees in need and educational support[154]. - The company has actively participated in poverty alleviation efforts, donating over 1.35 million yuan to support education and healthcare for impoverished communities[155]. - The company has implemented a comprehensive employee welfare system, including benefits for family members and various cultural activities[152]. Financial Management and Investments - The company has actively fulfilled its tax obligations, contributing to local economic growth while achieving economic benefits[154]. - The company has implemented a comprehensive internal control system to enhance risk management and financial oversight[145][146]. - The company has engaged Tianjian Accounting Firm for auditing services, with a fee of CNY 1.2 million for the current year[190]. - The company has not experienced any non-operating fund occupation by controlling shareholders or related parties during the reporting period[185]. - The company did not report any significant contracts or their performance issues during the year[196].