Financial Performance - The company's operating revenue for Q1 2023 was CNY 345,322,872.14, representing a year-on-year increase of 1.11%[4] - Net profit attributable to shareholders was CNY 59,197,625.87, reflecting a significant increase of 44.97% compared to the same period last year[4] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 57,824,177.69, up 68.36% year-on-year[4] - Basic and diluted earnings per share were both CNY 0.20, marking a 53.85% increase year-on-year[4] - Total revenue for Q1 2023 was CNY 345,322,872.14, a slight increase of 1.0% compared to CNY 341,515,385.08 in Q1 2022[19] - Net profit for Q1 2023 was CNY 59,197,625.87, up 45.0% from CNY 40,833,884.20 in Q1 2022[20] Cash Flow and Assets - The net cash flow from operating activities was CNY 104,423,737.86, an increase of 7.56% compared to the previous year[4] - Cash flow from operating activities generated a net inflow of CNY 104,423,737.86, compared to CNY 97,084,421.65 in the same period last year, an increase of 7.5%[24] - The cash and cash equivalents increased to CNY 564,975,004.64 from CNY 552,513,019.51, representing a growth of about 2.7%[15] - The net increase in cash and cash equivalents for the quarter was 12,150,802.44, compared to 41,288,874.23 in the previous quarter[25] - The cash and cash equivalents at the beginning of the period were 551,554,570.34, while the ending balance was 563,705,372.78[25] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,445,264,514.42, up 2.88% from the end of the previous year[5] - The company's current assets totaled CNY 1,007,748,086.94, slightly up from CNY 1,007,403,418.80 at the end of 2022, indicating a marginal increase of 0.03%[16] - The company's total liabilities as of March 31, 2023, were CNY 657,167,146.77, compared to CNY 647,933,147.50 at the end of 2022, showing an increase of approximately 1.9%[17] - The total equity of the company increased to CNY 1,788,097,367.65 from CNY 1,728,899,841.78, reflecting a growth of approximately 3.4%[17] Cost Management - Total operating costs decreased to CNY 275,408,583.32 from CNY 300,110,470.73, representing a reduction of approximately 8.2%[19] - The increase in net profit was primarily due to price increases on certain products and a decrease in raw material costs[9] - The company reported a decrease in selling expenses, contributing to the overall profit growth[9] - Sales expenses decreased significantly to CNY 40,403,464.35 from CNY 50,444,717.34, a reduction of 19.9%[19] Research and Development - Research and development expenses rose to CNY 4,127,934.67, up 44.5% from CNY 2,856,111.26 in Q1 2022, indicating a focus on innovation[19] Strategic Initiatives - The company has not disclosed any new product developments or market expansion strategies in the provided documents[14] - The company is focusing on market expansion and new product development as part of its strategic initiatives for future growth[20]

Financial Performance - The company's operating revenue for 2022 was CNY 1,403,544,788.59, a decrease of 4.50% compared to CNY 1,469,723,271.40 in 2021[25]. - Net profit attributable to shareholders was CNY 221,031,263.81, down 15.80% from CNY 262,494,023.05 in the previous year[25]. - Basic earnings per share decreased by 17.05% to CNY 0.73 in 2022, compared to CNY 0.88 in 2021[27]. - The weighted average return on equity fell to 13.32%, a decrease of 4.80 percentage points from 18.12% in 2021[27]. - Cash flow from operating activities increased by 18.24% to CNY 259,522,241.24, compared to CNY 219,486,046.43 in 2021[25]. - Total assets at the end of 2022 reached CNY 2,376,832,889.28, reflecting a 13.06% increase from CNY 2,102,289,041.04 in 2021[26]. - The company reported a net profit of CNY 65,903,912.28 in Q4 2022, showing a strong performance compared to previous quarters[30]. - Non-recurring gains and losses amounted to CNY 33,498,655.20 in 2022, up from CNY 19,104,297.88 in 2021[31]. - The company’s total equity attributable to shareholders increased by 7.69% to CNY 1,728,899,741.78 at the end of 2022[25]. - The net profit attributable to the parent company after deducting non-recurring gains and losses was CNY 187,532,608.61, down 22.95% compared to the previous year[54]. Dividend and Capital Increase - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares, totaling 91,022,400 RMB, which represents 41.18% of the net profit attributable to shareholders[6]. - The company intends to increase its total share capital by 91,022,400 shares through a capital reserve conversion, raising the total share capital from 303,408,000 to 394,430,400 shares[6]. - The total dividend amount accounted for 41.18% of the net profit attributable to ordinary shareholders in the consolidated financial statements[188]. - The company's total share capital will increase to 394,430,400 shares following the proposed capital increase[184]. Market Strategy and Expansion - The company plans to expand its market presence and invest in new product development to drive future growth[34]. - The company aims to deepen market penetration and expand channels, targeting small restaurants, factories, office buildings, and canteens to increase market coverage[36]. - The company plans to further expand its market presence in North China, South China, Northwest, and Northeast regions[62]. - The company is exploring potential mergers and acquisitions to bolster its competitive position in the industry[152]. - The company aims to enhance its brand recognition and reputation in the dairy beverage industry, focusing on a mission to meet consumer health needs through innovative product development[126]. Product Development and Innovation - The company plans to enhance product innovation and optimize its product mix to meet diverse consumer demands, focusing on upgrading classic products like sweet milk[35]. - The company is actively developing new products and enhancing packaging to meet the needs of multi-channel consumers[35]. - The company has launched several new products, including zero-fat yogurt drinks and walnut-peanut milk protein beverages, to cater to the evolving preferences of younger consumers[123]. - The company is investing heavily in R&D, with a budget allocation of 1,234,800 for new technology development aimed at enhancing product offerings[154]. - The company plans to increase R&D investment and enhance its technical talent pool, aiming to improve its technological innovation capabilities and product quality[128]. Risk Management - The company has outlined potential risks in its future development strategy, which investors should be aware of[10]. - The company recognizes the risks associated with food quality safety and the reliance on a single product line, which could impact its brand reputation and profitability if not managed properly[134][135]. - The company faces risks from fluctuations in the prices of key raw materials such as milk powder, fresh milk, and sugar, which are influenced by various factors including supply and demand, inflation, and trade policies[136]. - The company has implemented measures to mitigate risks, such as increasing milk powder reserves and signing forward contracts to lock in prices, but significant short-term price increases could adversely affect profits[136]. - The company has a clear strategy for risk management related to raw material price volatility and operational performance fluctuations[138]. Corporate Governance - The company has established a robust corporate governance structure, complying with relevant laws and regulations, ensuring the protection of shareholder rights[140]. - The board of directors consists of nine members, including three independent directors, and has established specialized committees for audit, nomination, compensation, and strategy[140]. - The company maintains financial independence with a dedicated finance department and independent financial decision-making processes, ensuring no shared bank accounts with controlling shareholders[143]. - The company has conducted multiple shareholder meetings throughout 2022, ensuring transparency and compliance with disclosure requirements[144]. - The company successfully passed all resolutions at each of the general meetings held in 2022[145][146][147][148]. Environmental Responsibility - The company invested 4,008,100 CNY in environmental protection during the reporting period[193]. - The wastewater treatment capacity is 2,000 tons per day, and the treatment process includes anaerobic, aerobic, and sedimentation methods[197]. - The company has established a real-time monitoring system for pollutant discharge data in collaboration with local ecological environment departments[197]. - The company has a detailed monitoring plan for pollutants, ensuring compliance with discharge standards[200]. - The company has established an emergency response plan for environmental incidents, ensuring rapid action to mitigate potential damage[199].

2022 年第三季度报告 证券代码：605337 证券简称：李子园 浙江李子园食品股份有限公司 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 2022 年第三季度报告 | 经营活动产生的现 | 不适用 | 不适用 | 186,185,164.92 | | -2.79 | | --- | --- | --- | --- | --- | --- | | 金流量净额 | | | | | | | 基本每股收益（元/ | 0.17 | -22.73 | 0.51 | | -32.00 | | 股） | | | | | | | 稀释每股收益（元/ | 0.17 | -22.73 | 0.51 | -32 ...

2022 年半年度报告 公司代码：605337 公司简称：李子园 浙江李子园食品股份有限公司 2022 年半年度报告 1 / 185 2022 年半年度报告 重要提示 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 报告期内，不存在对公司生产经营产生实质性影响的特别重大风险。公司已在本报告详细阐 述公司在生产经营过程中可能面临的各种风险及应对措施，敬请投资者查阅第三节"管理层讨论 与分析 五、其他披露事项（一）可能面对的风险"部分。 十一、 其他 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性描述不构成公司对投资者的实质承诺，敬请 投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 □适用 √不适用 2 / 185 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 ...

[Key Financial Data](index=1&type=section&id=I.%20Key%20Financial%20Data) This section presents the company's key financial performance and position indicators for the reporting period [Key Accounting Data and Financial Indicators](index=1&type=section&id=I.%20(I)%20Key%20Accounting%20Data%20and%20Financial%20Indicators) In Q1 2022, the company's operating revenue reached RMB 341.52 million, a 3.28% year-over-year increase, but net profit attributable to shareholders was RMB 40.83 million, a 23.59% year-over-year decrease, while net cash flow from operating activities showed strong performance, increasing by 49.24% year-over-year Q1 2022 Key Financial Indicators | Item | Current Reporting Period (RMB) | Year-over-Year Change (%) | | :--- | :--- | :--- | | Operating Revenue | 341,515,385.08 | 3.28% | | Net Profit Attributable to Shareholders of Listed Company | 40,833,884.20 | -23.59% | | Net Profit Attributable to Shareholders of Listed Company (Excluding Non-Recurring Gains/Losses) | 34,344,593.88 | -33.60% | | Net Cash Flow from Operating Activities | 97,084,421.65 | 49.24% | | Basic Earnings Per Share (RMB/share) | 0.19 | -29.63% | | Total Assets (Period-End) | 2,198,841,419.51 | 4.59% (vs. end of prior year) | | Total Equity Attributable to Shareholders of Listed Company (Period-End) | 1,646,226,362.17 | 2.54% (vs. end of prior year) | - The company restated prior-year's earnings per share data due to a capital reserve transfer to share capital (4 shares for every 10 shares)[5](index=5&type=chunk)[8](index=8&type=chunk) [Non-Recurring Gains/Losses Items and Amounts](index=2&type=section&id=I.%20(II)%20Non-Recurring%20Gains%2FLosses%20Items%20and%20Amounts) Total non-recurring gains and losses for this period amounted to RMB 6.49 million, primarily from RMB 9.03 million in government subsidies, mainly financial contribution awards received by wholly-owned subsidiary Yunnan Liziyuan Details of Non-Recurring Gains/Losses Items | Item | Current Period Amount (RMB) | Notes | | :--- | :--- | :--- | | Government Subsidies Included in Current Profit/Loss | 9,032,152.30 | Primarily financial contribution awards received by wholly-owned subsidiary Yunnan Liziyuan Food Co., Ltd. | | Other Non-Operating Income and Expenses | -382,609.49 | - | | Income Tax Impact | -2,162,036.90 | - | | **Total** | **6,489,290.32** | - | [Analysis of Changes in Key Financial Indicators](index=3&type=section&id=I.%20(III)%20Analysis%20of%20Changes%20in%20Key%20Accounting%20Data%2C%20Financial%20Indicators) Several profit indicators significantly declined this period, mainly due to increased costs from rising raw material and energy prices, while net cash flow from operating activities grew substantially, primarily due to a year-over-year decrease in payments for goods purchased - Net profit attributable to shareholders of the listed company decreased by **23.59%** year-over-year, and non-recurring net profit decreased by **33.60%** year-over-year, primarily due to rising raw material and energy prices during the reporting period[8](index=8&type=chunk) - Net cash flow from operating activities increased by **49.24%** year-over-year, mainly because payments for goods purchased in this reporting period decreased compared to the same period last year[8](index=8&type=chunk) [Shareholder Information](index=4&type=section&id=II.%20Shareholder%20Information) This section details the company's shareholder structure and key ownership information [Shareholding Status of Shareholders](index=4&type=section&id=II.%20(I)%20Total%20Common%20Shareholders%2C%20Number%20of%20Preferred%20Shareholders%20with%20Restored%20Voting%20Rights%20and%20Top%20Ten%20Shareholders%27%20Shareholding%20Status) As of the end of the reporting period, the company had 23,950 common shareholders, with equity structure highly concentrated as the top two shareholders collectively hold over 53%, and actual controllers Li Guoping and Wang Xubin jointly control the company through direct and indirect means, forming a concerted action with other related parties Top Five Shareholders' Shareholding Status | Shareholder Name | Shareholding Percentage (%) | Nature of Shares | | :--- | :--- | :--- | | Zhejiang Lishui Shuizhuoquan Investment Development Co., Ltd. | 32.05 | Domestic Non-State-Owned Legal Person | | Li Guoping | 21.68 | Domestic Natural Person | | Wang Xubin | 5.27 | Domestic Natural Person | | Jingning Qianxiang Enterprise Management Consulting Partnership (Limited Partnership) | 4.67 | Other | | Maotai Jianxin (Guizhou) Investment Fund (Limited Partnership) | 3.93 | Other | - Actual controllers Li Guoping and Wang Xubin are a married couple, and Shuizhuoquan Investment, Yuchengrui Investment, Li Guoping, and Wang Xubin are concerted parties[11](index=11&type=chunk) [Quarterly Financial Statements](index=6&type=section&id=IV.%20Quarterly%20Financial%20Statements) This section provides the company's unaudited quarterly financial statements [Financial Statements](index=6&type=section&id=IV.%20(II)%20Financial%20Statements) This section provides the company's unaudited consolidated balance sheet, consolidated income statement, and consolidated cash flow statement for Q1 2022 [Consolidated Balance Sheet](index=6&type=section&id=Consolidated%20Balance%20Sheet) As of March 31, 2022, the company's total assets were RMB 2.20 billion, a 4.59% increase from the end of the previous year, total liabilities were RMB 552.62 million, with a debt-to-asset ratio of 25.1%, and total equity attributable to shareholders of the listed company was RMB 1.65 billion, a 2.54% increase from the end of the previous year Key Balance Sheet Items | Item | March 31, 2022 (RMB) | December 31, 2021 (RMB) | Change Rate | | :--- | :--- | :--- | :--- | | Cash and Cash Equivalents | 569,091,426.29 | 527,882,988.29 | 7.81% | | Inventories | 279,254,845.67 | 182,227,589.30 | 53.24% | | Construction in Progress | 145,155,516.46 | 103,566,716.03 | 40.16% | | **Total Assets** | **2,198,841,419.51** | **2,102,289,041.04** | **4.59%** | | Notes Payable | 122,453,102.40 | 52,234,699.56 | 134.43% | | **Total Liabilities** | **552,615,057.34** | **496,896,563.07** | **11.21%** | | **Total Owners' Equity** | **1,646,226,362.17** | **1,605,392,477.97** | **2.54%** | [Consolidated Income Statement](index=9&type=section&id=Consolidated%20Income%20Statement) In Q1 2022, the company achieved operating revenue of RMB 341.52 million, a 3.28% year-over-year increase, but due to a 14.14% year-over-year increase in operating costs from RMB 205.43 million to RMB 234.47 million, operating profit decreased by 24.77% year-over-year to RMB 53.28 million, and net profit decreased by 23.59% year-over-year to RMB 40.83 million Key Income Statement Items | Item | 2022 Q1 (RMB) | 2021 Q1 (RMB) | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 341,515,385.08 | 330,668,838.63 | 3.28% | | Total Operating Costs | 300,110,470.73 | 264,390,772.17 | 13.51% | | Of which: Operating Costs | 234,471,371.35 | 205,428,718.75 | 14.14% | | Selling Expenses | 50,444,717.34 | 44,483,788.40 | 13.40% | | Operating Profit | 53,280,537.65 | 70,826,299.26 | -24.77% | | Total Profit | 52,896,796.25 | 70,501,522.20 | -25.00% | | **Net Profit** | **40,833,884.20** | **53,443,442.73** | **-23.59%** | [Consolidated Cash Flow Statement](index=11&type=section&id=Consolidated%20Cash%20Flow%20Statement) In Q1 2022, net cash flow from operating activities was RMB 97.08 million, a significant 49.24% year-over-year increase, primarily due to increased cash received from sales and decreased cash paid for purchases, while net cash outflow from investing activities narrowed significantly to RMB 56.33 million, mainly due to large investment payments in the prior year, and net cash flow from financing activities shifted from a net inflow of RMB 641.50 million in the prior year to a net inflow of RMB 0.54 million this period Key Cash Flow Statement Items | Item | 2022 Q1 (RMB) | 2021 Q1 (RMB) | Year-over-Year Change | | :--- | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | 97,084,421.65 | 65,051,225.54 | 49.24% | | Net Cash Flow from Investing Activities | -56,332,880.77 | -128,977,057.44 | 56.33% | | Net Cash Flow from Financing Activities | 537,333.35 | 641,497,930.80 | -99.92% | | **Net Increase in Cash and Cash Equivalents** | **41,288,874.23** | **577,572,098.90** | **-92.85%** |

2021 年年度报告 公司代码：605337 公司简称：李子园 浙江李子园食品股份有限公司 2021 年年度报告 1 / 249 2021 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，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。 二、 公司全体董事出席董事会会议。 三、 中汇会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人李国平、主管会计工作负责人孙旭芬及会计机构负责人（会计主管人员）方爱芬 声明：保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 经中汇会计师事务所（特殊普通合伙）审计，截至 2021年12月31日，母公司期末可供分配利 润为人民币188,951,591.18元。公司2021年年度拟以实施权益分派股权登记日登记的总股本为基数 分配利润及转增股本。本次利润分配、公积金转增股本方案如下： 1、公司拟向全体股东每 10 股派发现金红利 4.50 元（含税）。截至 2022 年 4 月 16 日，公司 总股本为 ...

2021 年第三季度报告 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 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 单位：元 币种：人民币 | 项目 | 本报告期 | 本报告期 | 年初至报告期末 | 年初至报告 | | --- | --- | --- | --- | --- | | | | 比上年同 | | 期末比上年 | | | | 期增减变 | | 同期增减变 | | | | 动幅度(%) | | 动幅度(%) | | 营业收入 | 375,099,246.66 | 26.39 | 1,055,247,227.08 | 45.21 | | 归属于上市公司股东 | 66,006,377.01 | 7.10 | 194,972,458.19 | 35.42 | | 的净利润 | | | | | | 归属于上市公司股东 的扣除非经常性损 ...

2021 年半年度报告 公司代码：605337 公司简称：李子园 浙江李子园食品股份有限公司 2021 年半年度报告 1 / 183 2021 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、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。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人李国平、主管会计工作负责人孙旭芬及会计机构负责人（会计主管人员）方爱芬 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 不适用 六、 前瞻性陈述的风险声明 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 报告期内，不存在对公司生产经营产生实质性影响的特别重大风险。公司已在本报告详细阐 述公司在生产经营过程中可能面临的各种风险及应对措施，包括行业政策风险、原材料风险、市 场竞争风险、研发风险等，敬请投资者查阅第三节管理层讨论与分析中"可能面对的风险"部 分。 十一、 其他 √适用 □不适 ...

[Important Notice](index=3&type=section&id=%E4%B8%80%E3%80%81%20%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) [Important Notice](index=3&type=section&id=1.1%20%E9%87%8D%E8%A6%81%E6%8F%90%E7%A4%BA) The company's board of directors, supervisory board, and senior management ensure the truthfulness, accuracy, and completeness of this quarterly report, assuming corresponding legal liabilities, and the report has been reviewed by all directors but is unaudited - The company's board of directors, supervisory board, and all directors and senior management guarantee the truthfulness, accuracy, and completeness of the quarterly report, with no false statements, misleading representations, or major omissions[4](index=4&type=chunk) - This company's Q1 2021 report is unaudited[4](index=4&type=chunk) [Company Profile](index=3&type=section&id=%E4%BA%8C%E3%80%81%20%E5%85%AC%E5%8F%B8%E5%9F%BA%E6%9C%AC%E6%83%85%E5%86%B5) [Key Financial Data](index=3&type=section&id=2.1%20%E4%B8%BB%E8%A6%81%E8%B4%A2%E5%8A%A1%E6%95%B0%E6%8D%AE) In Q1 2021, the company achieved explosive growth with revenue up 127.30% and net profit attributable to shareholders up 306.77%, driven by a low base effect from the prior year's pandemic and stable business growth, while total assets increased 65.70% primarily due to IPO proceeds 2021 Q1 Key Financial Data | Indicator | Current Period | Prior Year Period | YoY Change (%) | | :--- | :--- | :--- | :--- | | **Operating Revenue (CNY)** | 330,668,838.63 | 145,475,042.11 | 127.30% | | **Net Profit Attributable to Shareholders (CNY)** | 53,443,442.73 | 13,138,506.78 | 306.77% | | **Net Profit Attributable to Shareholders (Excluding Non-recurring Items) (CNY)** | 51,721,734.75 | 11,885,316.93 | 335.17% | | **Net Cash Flow from Operating Activities (CNY)** | 65,051,225.54 | -8,853,519.21 | Not Applicable | | **Basic Earnings Per Share (CNY/share)** | 0.41 | 0.11 | 272.73% | | **Weighted Average Return on Net Assets (%)** | 5.42% | 2.52% | Increased by 2.90 percentage points | Balance Sheet End-of-Period Data | Indicator | End of Current Period | End of Prior Year | Change (%) | | :--- | :--- | :--- | :--- | | **Total Assets (CNY)** | 1,882,239,438.50 | 1,135,931,566.72 | 65.70% | | **Net Assets Attributable to Shareholders (CNY)** | 1,473,741,897.65 | 729,575,454.92 | 102.00% | - Total non-recurring gains and losses for the period amounted to **CNY 1,721,707.98**, primarily comprising government subsidies of **CNY 2,383,892.32**[8](index=8&type=chunk)[9](index=9&type=chunk) [Shareholder Information](index=5&type=section&id=2.2%20%E8%82%A1%E4%B8%9C%E6%83%85%E5%86%B5) As of the end of the reporting period, the company had 20,255 shareholders, with a highly concentrated equity structure where the top two shareholders, Zhejiang Jinhua Shuidiquan Investment Development Co., Ltd. and Li Guoping (actual controller), collectively hold over 53%, and the top ten shareholders include institutional investors like Maotai Jianxin Investment Fund - As of the end of the reporting period, the company had **20,255** common stock shareholders[11](index=11&type=chunk) Top Ten Shareholders' Holdings | Shareholder Name | Number of Shares (shares) | Proportion (%) | | :--- | :--- | :--- | | Zhejiang Jinhua Shuidiquan Investment Development Co., Ltd. | 49,620,000 | 32.05 | | Li Guoping | 33,553,800 | 21.68 | | Wang Xubin | 8,157,000 | 5.27 | | Jinhua Qianxiang Investment Management Partnership | 7,230,000 | 4.67 | | Maotai Jianxin (Guizhou) Investment Fund | 6,589,200 | 4.26 | - Actual controllers Li Guoping and Wang Xubin are a married couple and form a concerted action party through Shuidiquan Investment and Yuchengrui Investment[12](index=12&type=chunk) [Significant Events](index=6&type=section&id=%E4%B8%89%E3%80%81%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9) [Analysis of Significant Changes in Financial Indicators](index=6&type=section&id=3.1%20%E5%85%AC%E5%8F%B8%E4%B8%BB%E8%A6%81%E4%BC%9A%E8%AE%A1%E6%8A%A5%E8%A1%A8%E9%A1%B9%E7%9B%AE%E3%80%81%E8%B4%A2%E5%8A%A1%E6%8C%87%E6%A0%87%E9%87%8D%E5%A4%A7%E5%8F%98%E5%8A%A8%E7%9A%84%E6%83%85%E5%86%B5%E5%8F%8A%E5%8E%9F%E5%9B%A0) Multiple financial indicators experienced significant changes during the reporting period, with cash and cash equivalents substantially increasing by 246.57% due to IPO proceeds, construction in progress rising 51.42% from ongoing project investments, short-term borrowings decreasing 88.02%, revenue and costs growing significantly, financial expenses decreasing due to increased interest income, and operating cash flow turning positive while financing cash flow surged from IPO proceeds Major Balance Sheet Item Changes | Item | Change Rate (%) | Reason for Change | | :--- | :--- | :--- | | Cash and Cash Equivalents | 246.57 | Primarily due to IPO proceeds received | | Construction in Progress | 51.42 | Primarily due to ongoing investment in Hebi Liziyuan construction project | | Short-term Borrowings | -88.02 | Primarily due to reduction in bank loans | | Capital Reserve | 415.99 | Primarily due to the company's premium issuance of new shares | Major Income Statement Item Changes | Item | Change Rate (%) | Reason for Change | | :--- | :--- | :--- | | Operating Revenue | 127.30 | Lower revenue in the prior year period due to pandemic, stable growth in current period | | Selling Expenses | 85.60 | Increased revenue led to a proportional increase in related expenses and advertising costs | | Financial Expenses | Significant Change | Increased interest income from IPO proceeds accounts and reduced bank loans | | Non-operating Income | 433.15 | Strengthened management, increased penalties for relevant personnel | Major Cash Flow Statement Item Changes | Item | Change Rate (%) | Reason for Change | | :--- | :--- | :--- | | Net Cash Flow from Operating Activities | Significant Change | Increased operating revenue led to higher cash received from sales of goods | | Net Cash Flow from Investing Activities | Significant Change | Subsidiaries increased investment in long-term assets | | Net Cash Flow from Financing Activities | Significant Change | Cash received from IPO proceeds | [Progress of Significant Events](index=8&type=section&id=3.2%20%E9%87%8D%E8%A6%81%E4%BA%8B%E9%A1%B9%E8%BF%9B%E5%B1%95%E6%83%85%E5%86%B5%E5%8F%8A%E5%85%B6%E5%BD%B1%E5%93%8D%E5%92%8C%E8%A7%A3%E5%86%B3%E6%96%B9%E6%A1%88%E7%9A%84%E5%88%86%E6%9E%90%E8%AF%B4%E6%98%8E) The company is actively advancing its capacity expansion plans, with its wholly-owned subsidiary Zhejiang Longyou Liziyuan proposing to invest approximately CNY 280 million in a new production line project, having signed the land use rights transfer contract in March 2021, laying a foundation for future business growth - The company's wholly-owned subsidiary, Zhejiang Longyou Liziyuan, plans to invest approximately **CNY 280 million** in a project to construct a **70,000-ton** dairy beverage production line and a **240 million-unit** HDPE bottle production line[16](index=16&type=chunk) - This expansion project was approved by the board of directors on February 26, 2021, and the "State-Owned Construction Land Use Rights Transfer Contract" was officially signed on March 30[16](index=16&type=chunk) - This investment uses the company's own funds, aligns with its strategic plan, and is not expected to have a significant impact on the company's financial position or operating results[17](index=17&type=chunk) [Commitments and Forecasts](index=8&type=section&id=3.3%20%E6%8A%A5%E5%91%8A%E6%9C%9F%E5%86%85%E8%B6%85%E6%9C%9F%E6%9C%AA%E5%B1%A5%E8%A1%8C%E5%AE%8C%E6%AF%95%E7%9A%84%E6%89%BF%E8%AF%BA%E4%BA%8B%E9%A1%B9) The company has no unfulfilled commitments overdue in this reporting period and has not issued any warnings regarding potential significant changes in cumulative net profit for the next reporting period - There are no unfulfilled commitments overdue within the reporting period[18](index=18&type=chunk) - The company has not forecasted a potential loss or significant change in cumulative net profit from the beginning of the year to the end of the next reporting period compared to the same period last year[18](index=18&type=chunk) [Appendix](index=9&type=section&id=%E5%9B%9B%E3%80%81%20%E9%99%84%E5%BD%95) [Financial Statements](index=9&type=section&id=4.1%20%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8) This section provides the unaudited consolidated and parent company financial statements for Q1 2021, including the balance sheet, income statement, and cash flow statement, offering detailed data to support the preceding financial analysis [Consolidated Balance Sheet](index=9&type=section&id=%E5%90%88%E5%B9%B6%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) [Parent Company Balance Sheet](index=11&type=section&id=%E6%AF%8D%E5%85%AC%E5%8F%B8%E8%B5%84%E4%BA%A7%E8%B4%9F%E5%80%BA%E8%A1%A8) [Consolidated Income Statement](index=13&type=section&id=%E5%90%88%E5%B9%B6%E5%88%A9%E6%B6%A6%E8%A1%A8) [Parent Company Income Statement](index=15&type=section&id=%E6%AF%8D%E5%85%AC%E5%8F%B8%E5%88%A9%E6%B6%A6%E8%A1%A8) [Consolidated Cash Flow Statement](index=16&type=section&id=%E5%90%88%E5%B9%B6%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) [Parent Company Cash Flow Statement](index=18&type=section&id=%E6%AF%8D%E5%85%AC%E5%8F%B8%E7%8E%B0%E9%87%91%E6%B5%81%E9%87%8F%E8%A1%A8) [Adjustments for New Lease Standards](index=19&type=section&id=4.2%202021%20%E5%B9%B4%E8%B5%B7%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E6%96%B0%E7%A7%9F%E8%B5%81%E5%87%86%E5%88%99%E8%B0%83%E6%95%B4%E9%A6%96%E6%AC%A1%E6%89%A7%E8%A1%8C%E5%BD%93%E5%B9%B4%E5%B9%B4%E5%88%9D%E8%B4%A2%E5%8A%A1%E6%8A%A5%E8%A1%A8%E7%9B%B8%E5%85%B3%E6%83%85%E5%86%B5) Effective January 1, 2021, the company adopted new lease standards for the first time, adjusting its financial statements at the initial application date (January 1, 2021) by recognizing right-of-use assets and lease liabilities of CNY 572,447.01 each in the consolidated statements, with no impact on owners' equity - The company adopted new lease standards for the first time starting January 1, 2021, and adjusted its opening financial statements accordingly[42](index=42&type=chunk) Impact of New Lease Standards on Consolidated Opening Balances | Item | Before Adjustment (2020/12/31) | After Adjustment (2021/1/1) | Adjustment Amount | | :--- | :--- | :--- | :--- | | Right-of-Use Assets | 0 | 572,447.01 CNY | +572,447.01 CNY | | Lease Liabilities | 0 | 572,447.01 CNY | +572,447.01 CNY | [Audit Report](index=24&type=section&id=4.4%20%E5%AE%A1%E8%AE%A1%E6%8A%A5%E5%91%8A) The financial statements in this quarterly report are unaudited - This report applies the "Audit Report Not Applicable" option, indicating that the financial data is unaudited[52](index=52&type=chunk)

2020 年年度报告 公司代码：605337 公司简称：李子园 二、 公司全体董事出席董事会会议。 三、 中汇会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人李国平、主管会计工作负责人孙旭芬及会计机构负责人（会计主管人员）方爱芬 声明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经中汇会计师事务所（特殊普通合伙）审计，截至 2020年12月31日，母公司期末可供分配 利润为人民币208,817,701.80元。公司2020年年度拟以实施权益分派股权登记日登记的总股本为 基数分配利润及转增股本。本次利润分配、公积金转增股本方案如下： 1、公司拟向全体股东每10股派发现金红利5元（含税）。截至2021年4月20日，公司总股本 为154,800,000股，以此计算合计拟派发现金红利77,400,000.00元（含税），本年度公司现金分 红比例占年度归属于本公司股东净利润的36.07%。 浙江李子园食品股份有限公司 2020 年年度报告 1 / 233 2020 年年度报告 重要提示 一、 本公司董事会、监事会及董事、监 ...