北京石头世纪科技股份有限公司 2024 年度董事会审计委员会履职情况报告 根据《上市公司治理准则》《上海证券交易所科创板股票上市规则》《上海 证券交易所科创板上市公司自律监管指引第1号——规范运作》和《北京石头世 纪科技股份有限公司章程》（以下简称"《公司章程》"）、《北京石头世纪科 技股份有限公司审计委员会议事规则》（以下简称"《审计委员会议事规则》"） 的有关规定，北京石头世纪科技股份有限公司（以下简称"公司"）审计委员会 本着勤勉尽责的原则，积极开展工作，认真履行职责，现将2024年度董事会审计 委员会履职情况报告如下： 一、审计委员会基本情况 公司第二届董事会审计委员会由3名董事组成，分别为独立董事黄益建、独 立董事蒋宇捷及董事张瑞敏，其中主任委员由具有会计专业资格的独立董事黄益 建担任。2024年11月19日，公司召开2024年第二次临时股东大会，选举产生了公 司第三届董事会。同日，公司第三届董事会第一次会议召开，审议通过了《关于 选举公司第三届董事会各专门委员会委员及主任委员的议案》，公司第三届董事 会审计委员会由3名董事组成，分别为独立董事黄益建、独立董事蒋宇捷及董事 吴奇，其中主任委员由具有会 ...

北京石头世纪科技股份有限公司 2024 年度董事会工作报告 2024 年，北京石头世纪科技股份有限公司（以下简称"公司"）董事会严 格按照《中华人民共和国公司法》《中华人民共和国证券法》《北京石头世纪 科技股份有限公司章程》（以下简称"《公司章程》"）及《北京石头世纪科 技股份有限公司董事会议事规则》等相关规定，切实履行董事职责，认真执行 股东大会的各项决议，强化内控管理，提升管理水平和执行能力，不断完善公 司治理架构和制度规范体系，围绕公司发展战略，推进公司生产经营工作稳健 开展，保持公司持续良好发展。现将董事会 2024 年度的工作重点和主要工作情 况进行报告。 一、2024 年公司主要经营情况 公司持续秉承"让生活更有品质感"的科技使命，怀揣着"成为全球领先 的科技企业"的企业愿景，紧密围绕消费者的真实需求，推出了一系列智能清 洁产品，包括智能扫地机器人、洗地机、洗烘一体机及其他智能电器。 2024 年，公司凭借强大的技术创新和产品研发能力，持续践行"走出去" 战略，在国内外市场推出一系列新品。这些产品凭借卓越的性能和技术优势， 赢得了广泛的市场认可，提升了公司产品的销售业绩，进一步增强了核心竞争 力。 ...

北京石头世纪科技股份有限公司 证券代码：688169 证券简称：石头科技 公告编号：2025-025 关于召开 2024 年年度股东会的通知 本公司董事会及全体董事保证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： 一、 召开会议的基本情况 （一） 股东会类型和届次 2024 年年度股东会 召开日期时间：2025 年 4 月 25 日 14 点 30 分 召开地点：北京市昌平区安居路 17 号院 3 号楼石头科技大厦会议室 （五） 网络投票的系统、起止日期和投票时间。 网络投票系统：上海证券交易所股东大会网络投票系统 网络投票起止时间：自 2025 年 4 月 25 日 至 2025 年 4 月 25 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25,9:30-11:30，13:00-15:00；通过互联网 股东会召开日期：2025年4月25日 本次股东会采用的网络投票系统：上海证券交易所股东大会网络投票系 统 （二） 股东会召集人：董事会 （三） 投票方式：本次 ...

一、监事会会议召开情况 任。任。 北京石头世纪科技股份有限公司（以下简称"公司"）第三届监事会第四次 会议于 2025 年 4 月 2 日在公司会议室以现场结合通讯方式召开。 本次会议的通知于 2025 年 3 月 21 日通过邮件方式送达全体监事。会议应出 席监事 3 人，实际到会监事 3 人。会议的召集和召开程序符合有关法律、行政法 规、部门规章、规范性文件和《北京石头世纪科技股份有限公司章程》（以下简 称"《公司章程》"）的规定，会议决议合法、有效。 二、监事会会议审议情况 本次会议由监事会主席谢濠键先生主持，董事会秘书孙佳女士列席会议。与 会监事表决通过以下事项： 证券代码：688169 证券简称：石头科技 公告编号：2025-014 北京石头世纪科技股份有限公司 第三届监事会第四次会议决议公告 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）审议通过《关于<2024 年度监事会工作报告>的议案》 报告期内，监事会按照《中华人民共和国公司法》《公司章程》和《监事会 议事规则》等有关规定，认真履行职责，对公司重 ...

证券代码：688169 证券简称：石头科技 公告编号：2025-013 北京石头世纪科技股份有限公司 第三届董事会第四次会议决议公告 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、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 北京石头世纪科技股份有限公司（以下简称"公司"）第三届董事会第四次 会议于 2025 年 4 月 2 日在公司会议室以现场结合通讯方式召开。 本次会议的通知于 2025 年 3 月 21 日通过邮件方式送达全体董事。会议应出 席董事 5 人，实际到会董事 5 人。会议的召集和召开程序符合有关法律、行政法 规、部门规章、规范性文件和《北京石头世纪科技股份有限公司章程》（以下简 称"《公司章程》"）的规定，会议决议合法、有效。 二、董事会会议审议情况 本次会议由董事长昌敬先生主持，董事会秘书孙佳女士列席会议。与会董事 表决通过以下事项： （一）审议通过《关于<2024 年度董事会工作报告>的议案》 报告期内，董事会严格按照《中华人民共和国公司法》《中华人民共和国证 券法》《公司章程》及《董事会议事规则》等相关规定，切实履行董 ...

Financial Performance - The company reported a net profit attributable to shareholders of RMB 1,976,563,235 for the fiscal year 2024, representing a significant increase compared to previous periods[6]. - The proposed cash dividend is RMB 1.07 per share (including tax), with a total distribution amounting to RMB 197,635,295.88, which is 11.39% of the net profit attributable to shareholders[6]. - The company's operating revenue for 2024 reached CNY 11,944,707,206, representing a year-on-year increase of 38.03% compared to CNY 8,653,783,788 in 2023[27]. - The net profit attributable to shareholders for 2024 was CNY 1,976,563,235, a decrease of 3.64% from CNY 2,051,217,414 in 2023[27]. - The cash flow from operating activities for 2024 was CNY 1,733,868,018, a decrease of 20.68% from CNY 2,185,931,368 in 2023[27]. - The gross margin for the last quarter was reported at 38%, a slight increase from 37% in the previous quarter, indicating improved operational efficiency[110]. - The company's total assets increased by 21.62% to CNY 17,484,730,046 at the end of 2024, compared to CNY 14,376,641,614 at the end of 2023[28]. - The basic earnings per share for 2024 was CNY 10.77, a decrease of 3.75% from CNY 11.19 in 2023[29]. - Operating costs amounted to CNY 5,955,685,558, reflecting a year-on-year increase of 49.38%[150]. - The total liabilities rose by 54.07% to ¥461,454,670, mainly driven by increases in accounts payable and other payables[178]. Research and Development - The company is investing $1 billion in research and development for new technologies, focusing on sustainability and energy efficiency[110]. - R&D investment increased to 971 million RMB, a year-on-year growth of 56.93%, with R&D personnel accounting for 40.74% of total employees[40]. - R&D expenses accounted for 8.13% of operating revenue in 2024, an increase of 0.98 percentage points from 7.15% in 2023[29]. - The company added 741 new authorized patents during the reporting period[56]. - The company applied for a total of 3,791 new intellectual property rights this year, with 1,055 granted, bringing the cumulative total to 8,421 applications and 3,440 grants[119]. - The company has made significant progress in its projects, with cumulative investments of ¥993,076,000 in the AI cleaning machine and ¥178,963,000 in the washing and drying machine[126][127]. - The company aims to enhance product intelligence and cleaning capabilities through advanced technologies, including multi-sensor fusion and AI models[126][127]. Product Development and Innovation - New product developments include advancements in AI-driven features and enhancements in the camera technology of upcoming iPhone models, expected to launch in Q1 2024[110]. - The company launched multiple new products in the smart cleaning appliance sector, enhancing its market competitiveness and sales performance[39]. - The smart vacuum cleaner product line has been upgraded with features such as self-cleaning mops, anti-tangle technology, and AI-driven cleaning paths, significantly improving its functionality[47]. - The company has developed an AI-based cleaning path planning algorithm that optimizes cleaning efficiency and coverage area by utilizing machine learning and deep learning techniques[63]. - The company has developed a new washing and drying machine utilizing a molecular sieve adsorption drying technology, addressing issues such as high drying temperatures and residue contamination, while enhancing drying efficiency[49]. - The company has introduced a strong vibration pressurized hot water mopping system, which is a first in the industry, improving cleaning efficiency[87]. - The company has developed a dual-heat system that allows for both hot water and steam functions, enhancing cleaning capabilities and user experience[117]. Market Expansion and Strategy - The company is expanding its market presence in emerging markets, with plans to increase retail locations by 20% in the next fiscal year[110]. - The company is focused on continuous product innovation and brand strategy to ensure sustainable long-term growth in a competitive market[146]. - The company plans to enhance its R&D investment, focusing on AI, navigation algorithms, IoT, and big data technologies to strengthen its technological advantages[194]. - The company has optimized its overseas marketing network and is closely monitoring local political and economic conditions to mitigate operational risks in international markets[141]. - The company plans to implement localized marketing strategies to enhance brand awareness and optimize its sales structure in North America, Europe, and the Asia-Pacific region[199]. Customer Engagement and Satisfaction - Customer satisfaction ratings have improved, with a reported 90% satisfaction rate among users of the latest product line, reflecting strong brand loyalty[110]. - The company actively engages with stakeholders through various events to enhance brand influence and respond to market demands, thereby improving product sales and customer satisfaction[45]. Risk Management - The company has outlined various risks in its management discussion and analysis section, which investors should consider[4]. - The company is aware of macroeconomic fluctuations that could impact its business performance and is taking measures to address these risks[147]. - The company is implementing lean inventory management to reduce the risk of inventory backlog and ensure efficient cash flow management[144]. - The company is actively monitoring exchange rate trends to mitigate financial risks associated with currency fluctuations in its global operations[145]. Operational Efficiency - The company has implemented a comprehensive quality management system to optimize customer service and protect consumer rights, reinforcing its commitment to quality as a cornerstone of its operations[45]. - The company has established a comprehensive management system for procurement, production, warehousing, distribution, and after-sales services to mitigate seasonal sales risks associated with e-commerce platforms[139].

证券代码：688169 证券简称：石头科技 公告编号：2025-019 北京石头世纪科技股份有限公司 重要内容提示： 每股分配比例，每股转增比例：北京石头世纪科技股份有限公司（以下 简称"公司"）本年度A股每股派发现金红利1.07元（含税），不送红股，以资本 公积向全体股东每10股转增4股。 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 本次利润分配方案及资本公积转增股本方案以实施权益分派的股权登记 日登记的总股本扣除公司回购专户中的股份数后为基数，具体日期将在权益分派 实施公告中明确。 任。任。 在实施权益分派的股权登记日前公司总股本发生变动的，公司拟维持分 配总额不变、转增比例不变的原则，对每股现金分红金额及转增股本总额进行相 应调整，并将另行公告具体调整情况。 本次利润分配方案及资本公积转增股本方案尚需提交公司2024年年度股 东会审议，审议通过之后方可实施。 公司现金分红方案不存在触及《上海证券交易所科创板股票上市规则》 （以下简称"《科创板股票上市规则》"）第12.9.1条第一款第（八）项规定的 可能被实施其他风险警示的情形。 一、利润分配方案及资本公积转增股本方案内容 2024 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The report indicates that the market share of Stone Technology's floor cleaning machines has rapidly increased, positioning it as a potential second growth curve for the company. As of February 2025, the brand's market share in online sales reached 13.1%, narrowing the gap with the leading competitors [5][11] - The company's proactive product and marketing strategies are yielding positive results in the floor cleaning machine category, while the brand effect from the sweeping robot category is expanding to other new product categories, contributing to steady revenue growth [5][11] - The report forecasts that the company's net profit attributable to shareholders will be 1.98 billion, 2.30 billion, and 2.90 billion for the years 2024, 2025, and 2026 respectively, with corresponding EPS of 10.72, 12.45, and 15.70 [5][7] Summary by Sections 1. Market Share and Growth Potential - Stone Technology's floor cleaning machine market share has increased significantly, becoming the third largest in the industry. The company is expected to continue expanding its market presence, with the floor cleaning machine category projected to account for approximately 10% of domestic sales revenue in 2024 [5][11] - The report highlights that the floor cleaning machine meets the needs of Chinese households with hard floors, effectively addressing the demand for combined sweeping and mopping functions [11][13] 2. Product Strategy and Brand Strength - The success of the floor cleaning machine is attributed to the company's brand strength and more aggressive product strategies, including a diversified product range and enhanced marketing efforts [5][36] - The company has successfully expanded its product matrix with the A30 series, which includes various models catering to different price segments, achieving significant market penetration in the 1500-3000 yuan price range [5][40][54] 3. Financial Projections - The report provides financial projections indicating a substantial increase in revenue from 6.63 billion in 2022 to an estimated 23.08 billion in 2026, with a compound annual growth rate of approximately 29.1% [7] - The gross profit margin is expected to remain stable around 52% from 2024 to 2026, while the net profit margin is projected to decline slightly from 16.6% in 2024 to 12.6% in 2026 [7] 4. Industry Overview - The floor cleaning machine industry is experiencing rapid growth, with sales expected to reach 141 billion yuan in 2024, reflecting a compound annual growth rate of approximately 192% since 2019 [25][28] - The global market for cleaning appliances, including floor cleaning machines, is projected to grow, with significant opportunities in emerging markets as consumer demand for efficient cleaning solutions increases [27][29]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company has seen a rapid increase in market share for its floor cleaning machines, which is expected to become a second growth curve for the business. As of February 2025, the online market share for the company's brand in the floor cleaning machine category reached 13.1%, narrowing the gap with the leading competitors [5][11] - The company's proactive product and marketing strategies are yielding positive results in the floor cleaning machine category, while the brand effect from its sweeping robots is expanding into other new categories, contributing to steady revenue growth [5][11] - The company is positioned as a benchmark enterprise for AI and robotics technology applications, which is expected to lead to valuation improvements. Profit forecasts remain unchanged, with expected net profits for 2024-2026 at 1.981 billion, 2.300 billion, and 2.900 billion respectively, corresponding to EPS of 10.72, 12.45, and 15.70 [5][11] Summary by Sections Section 1: Market Share and Growth - The company's floor cleaning machine market share has rapidly increased, becoming a significant pillar of domestic sales revenue, with an estimated 10% contribution to total domestic sales by 2024 [5][11] - The company has successfully differentiated its products, addressing consumer needs for hard floor cleaning, and is expected to complement its sweeping machines in various cleaning scenarios [5][11] Section 2: Product Strategy and Sales - The company has adopted a more aggressive product strategy, enhancing product differentiation and expanding sales channels, which has led to improved market performance [5][11] - The A30 series has been launched, achieving good breakthroughs in three mainstream price segments: 1500-2000, 2000-2500, and 2500-3000 yuan, with market shares of 13.9%, 19.4%, and 18.9% respectively [5][11] Section 3: Financial Forecasts - Revenue is projected to grow significantly, with total revenue expected to reach 17.886 billion in 2025, reflecting a year-on-year growth of 50% [7] - The gross profit margin is expected to stabilize around 52% from 2024 onwards, while net profit margins are projected to decline slightly to 12.9% and 12.6% in 2025 and 2026 respectively [7] Section 4: Competitive Landscape - The competitive landscape in the domestic online market is characterized by a duopoly, with the company rapidly increasing its market share to third place, indicating potential for market restructuring [5][11] - The company has been recognized as the top brand in customer recommendation and satisfaction in the sweeping and floor cleaning machine industry for three consecutive years [5][11]

Core Insights - Roborock has surpassed iRobot to become the new leader in the global robotic vacuum cleaner market, with four out of the top five manufacturers now being Chinese companies [2][3]. Market Position - In 2023, Roborock achieved a leading position with a 16% share in unit sales and a 22.3% share in revenue, marking a significant shift in market dominance [3]. - In the first quarter of 2022, iRobot was still at the top, but Roborock's shipment volume surged by 20.7% year-on-year, while iRobot's market share declined to 13.7%, placing it in second place [3]. Regional Market Dynamics - Roborock holds a dominant position in markets such as Northern Europe, Turkey, Germany, France, and South Korea, while iRobot remains focused on traditional markets in North America and Japan [4]. - IDC analysts noted that iRobot struggles with localization in emerging markets and lacks product line diversity, leading to long-term growth challenges [4]. Company Challenges - iRobot faced a dual challenge of weak domestic demand and competition from Chinese manufacturers, leading to significant layoffs and restructuring starting in 2023 [5]. - The company's board issued a warning about its ongoing viability, resulting in a significant drop in stock price [5]. Market Growth - The global robotic vacuum cleaner market continues to grow robustly, with a year-on-year shipment increase of 11.2% and a revenue growth of 19.7% in 2023 [6]. - The average product price rose by 7.6% to $452 (approximately 3,270 RMB) [6]. - IDC predicts that advancements in AI technology will accelerate innovation in the industry in 2024 [6].