Financial Performance - The company's operating revenue for Q1 2025 was ¥160,342,458.39, representing a 42.47% increase compared to ¥112,547,686.50 in the same period last year[2] - Net profit attributable to shareholders was ¥5,904,967.75, an increase of 83.62% from ¥3,215,826.19 year-on-year[2] - The net profit after deducting non-recurring gains and losses was ¥5,368,618.84, up 93.86% from ¥2,769,381.12 in the previous year[2] - Total operating revenue for the current period reached ¥160,342,458.39, an increase of 42.5% compared to ¥112,547,686.50 in the previous period[11] - Net profit for the current period was ¥5,963,111.68, representing a 88.0% increase from ¥3,169,101.39 in the previous period[12] - The total comprehensive income for the period was CNY 5,963,111.68, compared to CNY 3,169,101.39 in the previous period, representing an increase of approximately 88.4%[13] Earnings and Shareholder Information - The basic earnings per share rose to ¥0.0086, an increase of 82.98% compared to ¥0.0047 in the same period last year[2] - Basic and diluted earnings per share increased to CNY 0.0086 from CNY 0.0047, reflecting an increase of 83.0%[13] - The number of ordinary shareholders at the end of the reporting period was 55,855[6] - The largest shareholder, Wan Sheng Industrial Holdings (Shenzhen) Co., Ltd., holds 20.00% of the shares, totaling 137,836,986 shares[6] Assets and Liabilities - The company's total assets increased by 2.14% to ¥443,746,443.60 from ¥434,452,097.75 at the end of the previous year[2] - The company's total assets increased to ¥443,746,443.60 from ¥434,452,097.75, marking a growth of 2.9%[10] - Current assets totaled ¥431,362,640.79, slightly up from ¥421,682,871.12, indicating a 1.6% increase[8] - Total liabilities rose to ¥69,837,189.13 from ¥66,312,937.62, an increase of 3.8%[10] - The company's equity attributable to shareholders increased to ¥349,473,196.57 from ¥343,761,246.16, a growth of 1.6%[10] Cash Flow and Expenses - Cash flow from operating activities showed a significant increase in cash inflow, totaling ¥319,260,863.87, up 226.59% from ¥97,755,220.34[4] - Cash inflows from operating activities totaled CNY 319,260,863.87, significantly up from CNY 97,755,220.34, marking a growth of approximately 226.5%[13] - Cash outflows from operating activities increased to CNY 364,141,289.41 from CNY 126,951,396.65, resulting in a net cash flow from operating activities of CNY -44,880,425.54, compared to CNY -29,196,176.31 in the previous period[13] - The company reported a significant decrease in cash and cash equivalents, dropping to ¥35,604,024.33 from ¥80,974,360.59, a decline of 56.1%[8] - The cash and cash equivalents at the end of the period were CNY 35,590,538.46, up from CNY 24,952,498.09, indicating an increase of approximately 42.5%[14] - The company reported a net cash outflow from investing activities of CNY -10,358.00, with no significant cash inflows recorded[14] - Cash outflows from financing activities amounted to CNY 300,000.00, with no cash inflows reported[14] Inventory and Expenses - Inventory increased by 179.68% to ¥235,912,684.89 from ¥84,349,675.00, indicating a significant buildup of stock[4] - Inventory levels surged to ¥235,912,684.89, a significant rise from ¥84,349,675.00, reflecting an increase of 179.5%[8] - Total operating costs amounted to ¥152,887,643.75, up from ¥109,260,842.04, reflecting a growth of 39.9%[11] - The company reported a 184.74% increase in selling expenses, amounting to ¥2,072,718.90, due to higher sales revenue[4] - Research and development expenses were reported at ¥199,381.38, up from ¥106,484.06, representing an increase of 87.0%[11] Reporting and Transparency - The company has not yet audited the first quarter report, indicating that the financial results are preliminary[15] - The report was issued by the board of directors on April 28, 2025, reflecting the company's ongoing commitment to transparency[16]

Group 1 - The Shanghai Composite Index closed at 3302.19 points, above the five-day moving average, with a slight increase of 0.15% [1] - The total trading volume of A-shares reached 733.14 billion yuan [1] - A total of 837 A-shares have prices that surpassed the five-day moving average, with notable stocks including Jiuzhou Group, Nanguo Real Estate, and Proya, showing significant deviation rates of 11.67%, 7.92%, and 7.86% respectively [1] Group 2 - The top stocks with the highest deviation rates from the five-day moving average include: - Jiuzhou Group (16.74% increase, 34.11% turnover rate, latest price 7.60 yuan, deviation rate 11.67%) [1] - Nanguo Real Estate (10.32% increase, 3.16% turnover rate, latest price 1.39 yuan, deviation rate 7.92%) [1] - Proya (10.00% increase, 2.50% turnover rate, latest price 84.71 yuan, deviation rate 7.86%) [1] - Other notable stocks with significant increases include: - Fangda Group (9.95% increase, 6.42% turnover rate, latest price 4.31 yuan, deviation rate 7.53%) [1] - Luolai Life (9.68% increase, 1.71% turnover rate, latest price 9.18 yuan, deviation rate 7.24%) [1]

Core Viewpoint - The financial performance of Shen Zhonghua A (000017) for the year 2024 shows a slight increase in total revenue but a decline in net profit, indicating potential challenges in profitability despite revenue growth [1][2]. Financial Performance Summary - Total revenue for 2024 reached 580 million yuan, a year-on-year increase of 2.0% compared to 568 million yuan in 2023 [1]. - Net profit attributable to shareholders was 16.84 million yuan, down 5.9% from 17.90 million yuan in the previous year [1]. - The fourth quarter saw total revenue of 300 million yuan, a significant year-on-year increase of 36.56%, but net profit for the same period decreased by 26.66% to 9.42 million yuan [1]. - The gross margin for 2024 was 5.94%, a decrease of 8.45% from 6.49% in 2023, while the net margin fell to 2.73%, down 13.77% from 3.17% [1][2]. - The company reported a significant increase in accounts receivable, which reached 234 million yuan, up 19.01% from 196 million yuan in 2023, leading to a concerning ratio of accounts receivable to net profit of 1386.79% [1][3]. Cost and Expense Analysis - Total sales, administrative, and financial expenses amounted to 11.64 million yuan, representing 2.01% of revenue, a decrease of 10.37% from 2.24% in the previous year [1]. - Sales expenses decreased by 23.68% due to reduced market service and promotional costs [2]. - Financial expenses surged by 2310.31% due to new interest expenses incurred [2]. - Research and development expenses dropped by 49.3% as a result of a reduction in R&D personnel [2]. Cash Flow and Financing - Operating cash flow per share was -0.02 yuan, a significant decline of 157.23% from 0.04 yuan in the previous year, indicating cash flow challenges [1][3]. - The company’s financing activities generated a net cash flow increase of 270.6%, attributed to investments from minority shareholders and bank loans [2]. Business Model and Investment Insights - The company has cumulatively raised 880 million yuan since its listing, with total dividends amounting to 60.70 million yuan, resulting in a dividend-to-financing ratio of 0.07 [3]. - The business model heavily relies on equity financing, necessitating a thorough examination of the underlying drivers of this approach [3]. - The company’s return on invested capital (ROIC) was reported at 4.65%, indicating a relatively low capital return rate [2].

Market Overview - The Shanghai Composite Index closed at 3299.76 points, above the annual line, with a change of 0.25% [1] - The total trading volume of A-shares reached 1,121.207 billion yuan [1] Stocks Breaking Annual Line - A total of 106 A-shares have broken above the annual line today [1] - Notable stocks with significant deviation rates include: - Youbuxun: 17.49% deviation, closing price at 15.18 yuan, with a daily increase of 20.00% and turnover rate of 6.57% [1] - Fujilai: 14.53% deviation, closing price at 29.09 yuan, with a daily increase of 20.01% and turnover rate of 30.40% [1] - Chongqing Construction: 8.33% deviation, closing price at 3.01 yuan, with a daily increase of 9.85% and turnover rate of 2.93% [1] Additional Stocks with Minor Deviations - Jiangxi Copper, Meirya, and Laimu Co. have just crossed the annual line with smaller deviation rates [1] - Other stocks with notable performance include: - Changjiang Investment: 7.98% deviation, closing price at 8.01 yuan, with a daily increase of 10.03% [1] - Qingtang City: 7.70% deviation, closing price at 3.78 yuan, with a daily increase of 9.88% [1] - Shenchuan A: 7.45% deviation, closing price at 6.75 yuan, with a daily increase of 9.93% [1] Summary of Stocks with Deviation Rates - A detailed table lists various stocks, their daily change percentages, turnover rates, annual line prices, latest prices, and deviation rates, highlighting the performance of stocks like: - Dongjiang Environmental: 3.70% deviation, closing price at 4.28 yuan, with a daily increase of 10.03% [1] - Feinan Resources: 3.56% deviation, closing price at 19.88 yuan, with a daily increase of 3.92% [1] - The table provides a comprehensive view of the market dynamics and stock performances on the day [2]

证券代码：000017、200017 证券简称：深中华 A、深中华 B 公告编号：2025-004 深圳中华自行车（集团）股份有限公司 关于万胜实业控股（深圳）有限公司 2024 年度 业绩承诺完成情况的公告 本 公 司 及 董 事 会 全 体 成 员 保 证 公 告 内 容 真 实 、 准 确 和 完 整 ， 没 有 虚 假 记 载 、 误 导 性 陈 述 或 者 重 大 遗 漏 。 深圳中华自行车（集团）股份有限公司（以下简称"公司"或"深中华"）第 十一届董事会第十七次会议和第十届监事会第十二次会议于 2025 年 4 月 18 日以 现场会议结合线上视频的方式召开，会议审议通过了《关于万胜实业控股（深圳） 有限公司 2024 年度业绩承诺完成情况说明的议案》，公司现将有关情况公告如下： 根据公司于 2020 年 12 月 14 日与万胜实业控股（深圳)有限公司(以下简称 "万胜实业")、深圳市国晟能源投资发展有限公司（以下简称"国晟能源"）签 订的《合作协议》，公司编制了《深圳中华自行车（集团）股份有限公司关于万胜 实业控股（深圳）有限公司 2024 年度业绩承诺完成情况说明》。具体情况如下： 一、基 ...

深圳中华自行车（集团）股份有限公司 董事会对会计师事务所 2024 年度履职情况评估及 审计委员会履行监督职责情况的报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理准则》《国 有企业、上市公司选聘会计师事务所管理办法》《深圳证券交易所上市公司自律监管指引 第 1 号——主板上市公司规范运作》等法律法规、规范性文件以及《公司章程》等规定 和要求，现将对华兴会计师事务所（特殊有限合伙）2024 年度履职情况评估及审计委员 会履行监督职责的情况报告如下： 一、2024 年年审会计师事务所基本情况 （一）机构信息 1、基本信息 华兴会计师事务所(特殊普通合伙)前身系福建华兴会计师事务所，创立于 1981 年， 隶属福建省财政厅。1998 年 12 月，与原主管单位福建省财政厅脱钩，改制为福建华兴有 限责任会计师事务所。2009 年1 月，更名为福建华兴会计师事务所有限公司。2013 年12 月，转制为福建华兴会计师事务所(特殊普通合伙)。2019 年 7 月，更名为华兴会计师事 务所(特殊普通合伙)。 华兴会计师事务所(特殊普通合伙)为特殊普通合伙企业，注册地址为福建省福州市 鼓楼区湖东路15 ...

深圳中华自行车（集团）股份有限公司 2024 年度内部控制自我评价报告 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要求（以 下简称企业内部控制规范体系），结合本公司（以下简称公司）内部控制制度和评价办法， 在内部控制日常监督和专项监督的基础上，我们对公司2024 年12 月31 日（内部控制评 价报告基准日）的内部控制有效性进行了评价。 一、重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其有效性， 并如实披露内部控制评价报告是公司董事会的责任。监事会对董事会建立和实施内部控 制进行监督。经理层负责组织领导企业内部控制的日常运行。公司董事会、监事会及董 事、监事、高级管理人员保证本报告内容不存在任何虚假记载、误导性陈述或重大遗漏， 并对报告内容的真实性、准确性和完整性承担个别及连带法律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及相关信 息真实完整，提高经营效率和效果，促进实现发展战略。由于内部控制存在的固有局限 性，故仅能为实现上述目标提供合理保证。此外，由于情况的变化可能导致内部控制变 得不恰当，或对控制政策和程序遵循的程度降低， ...

证券代码：000017、200017 证券简称：深中华 A、深中华 B 公告编号：2025-006 深圳中华自行车（集团）股份有限公司 关于会计政策变更的公告 本 公 司 及 董 事 会 全 体 成 员 保 证 公 告 内 容 真 实 、 准 确 和 完 整 ， 没 有 虚 假 记 载 、 误 导 性 陈 述 或 者 重 大 遗 漏 。 根据《深圳证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指 引第1号—主板上市公司规范运作》等相关规定，深圳中华自行车（集团）股份有 限公司（以下简称"公司"）本次会计政策变更事项属于根据法律、行政法规或者 国家统一的会计制度的要求变更会计政策，该事项无需提交公司董事会、股东大会 审议。 （一）变更原因及日期 根据财政部公布的《解释第 17 号》，该解释"关于流动负债与非流动负债的划 分"、"关于供应商融资安排的披露"、"关于售后租回交易的会计处理"的内容自 2024 年 1 月 1 日起施行。由于上述会计准则解释的发布，公司需对会计政策进行 相应变更，并按以上文件规定的生效日期开始执行上述会计准则。 根据财政部发布的《企业数据资源相关会计处理暂行规定》，该规定自 ...

证券代码：000017、200017 证券简称：深中华 A、深中华 B 公告编号：2025-005 深圳中华自行车（集团）股份有限公司 关于续聘会计师事务所的公告 本 公 司 及 董 事 会 全 体 成 员 保 证 公 告 内 容 真 实 、准 确 、完 整 ，没 有 虚 假 记 载 、 误 导 性 陈 述 或 者 重 大 遗 漏 。 深圳中华自行车（集团）股份有限公司（以下简称"公司"）于 2025 年 4 月 18 日召开第十一届董事会第十七次会议审议并通过了《关于续聘 2025 年度审计机 构的议案》，同意续聘华兴会计师事务所(特殊普通合伙)（以下简称"华兴所"）担 任公司 2025 年度财务报告和内部控制审计机构，聘任期为一年，本事项尚需提交 公司股东大会审议通过，现就相关事宜公告如下： 一、拟续聘会计师事务所的基本情况 华兴会计师事务所(特殊普通合伙)近三年未发生因执业行为导致的民事诉讼。 3、诚信记录 （一）机构信息 1、基本信息 华兴会计师事务所(特殊普通合伙)前身系福建华兴会计师事务所，创立于 1981 年，隶属福建省财政厅。1998 年 12 月，与原主管单位福建省财政厅脱钩，改制为 福建华 ...

| 项目 | 2024 年金额 | 上年金额 | 同比增减 | | --- | --- | --- | --- | | 一、营业收入 | 57987 | 56848 | 2% | | 二、营业成本 | 54543 | 53161 | 3% | | 三、税金及附加 | 46 | 103 | | | 四、期间费用 | | | | | 1、销售费用 | 457 | 599 | | | 2、管理费用 | 674 | 676 | | | 3、研发费用 | 64 | 127 | | | 4、财务费用 | 34 | -2 | | | 五、信用减值损失（"-"为损失） | -120 | -274 | | | 六、资产减值损失（"-"为损失） | -38 | -32 | | | 七、投资收益及其他收益 | -16 | 12 | | | 八、营业利润 | 1995 | 1891 | | | 九、营业外收入 | 763 | 593 | | | 十、营业外支出 | 555 | 624 | | | 十一、利润总额 | 2203 | 1859 | | | 十二、净利润 | 1584 | 1801 | | | 其中：归属母公司所有者的净利 ...