证券代码：000861 证券简称：海印股份 广东海印集团股份有限公司投资者关系活动记录表 编号：2023-002 特定对象调研 □分析师会议 投资者关系活 □媒体采访 □业绩说明会 动类别 □新闻发布会 □路演活动 □现场参观 其他 参与单位名称 及人员姓名 珠海格林顿资产管理有限公司 时间 2023 年 5 月 4 日 地点 海印中心 上市公司接待 董事会秘书 吴珈乐 人员姓名 证券事务代表 冯志彬 1、公司连续两年亏损金额巨大，财务成本偏高，是否会造成公司 ST或公 司资金链断裂的情况？ 公司 2022 年业绩亏损的主要原因是公司根据会计准则和公司会计政策 的有关规定，对房地产业务期末存货计提跌价准备、对部分金融资产及应 收款项计提资产及信用减值，以及对商户减免租金及管理费。 根据《深圳证券交易所股票上市规则》关于"财务类强制退市"的具 投资者关系活 体规定，上市公司最近一个会计年度经审计的净利润为负值且营业收入低 动主要内容介 于 1 亿元，将对其股票交易实施退市风险警示。请广大投资者注意风险。 绍 2、公司 2022 年度报告被出具非标准无保留意见，未来是否存在重大隐患？ 公司 2022 年度报告的审 ...

Financial Performance - The company's revenue for Q1 2023 was ¥212,390,093.02, a decrease of 41.93% compared to ¥365,741,909.53 in the same period last year[4] - The net profit attributable to shareholders was a loss of ¥87,508,470.74, representing a decline of 186.26% from a profit of ¥101,445,830.95 in the previous year[4] - The basic earnings per share were -¥0.0370, down 184.86% from ¥0.0436 in the same period last year[4] - Net profit for Q1 2023 was a loss of ¥91,058,325.51, compared to a profit of ¥98,340,754.27 in the same period last year[23] - Total operating revenue for Q1 2023 was ¥212,390,093.02, a decrease of 41.9% compared to ¥365,741,909.53 in the previous period[23] - Total operating costs for Q1 2023 were ¥296,590,925.91, down from ¥351,806,433.86, reflecting a reduction of 15.7%[23] - The company reported a significant increase in financial expenses, totaling ¥76,318,992.18, compared to ¥66,560,675.65 in the previous period[23] - The company incurred a credit impairment loss of ¥1,283,110.14, contrasting with a gain of ¥7,492,802.79 in the previous period[23] Cash Flow - The net cash flow from operating activities decreased by 42.16% to ¥90,192,041.31 from ¥155,933,746.98 year-on-year[4] - The company's cash flow from operating activities showed a significant decline, reflecting challenges in maintaining liquidity[29] - Operating cash inflow for the first quarter was $270,528,014.88, down 32.7% from $402,175,455.62 in the previous period[31] - Cash outflow from operating activities totaled $180,335,973.57, down 26.7% from $246,241,708.64 year-over-year[31] - Cash inflow from investment activities was $36,358,024.44, significantly lower than $132,357,882.02 in the previous period[31] - Net cash flow from investment activities was -$443,703.33, a decline from $58,283,306.68 in the prior period[31] - Cash inflow from financing activities was $83,170,000.00, an increase from $31,820,000.00 year-over-year[32] - Net cash flow from financing activities was -$55,149,086.53, improving from -$190,463,969.98 in the previous period[32] - The ending cash and cash equivalents balance was $147,832,738.05, down from $201,914,040.82 in the prior period[32] Assets and Liabilities - Total assets at the end of the reporting period were ¥8,752,837,665.89, a decrease of 1.35% from ¥8,872,248,404.62 at the end of the previous year[4] - The total assets as of March 31, 2023, amounted to RMB 3,043,673,896.47, a decrease from RMB 3,082,222,695.72 at the beginning of the year, reflecting a decline of approximately 1.25%[18] - Total liabilities decreased slightly to ¥5,487,275,653.67 from ¥5,505,306,488.92, a reduction of 0.33%[22] - The equity attributable to shareholders of the parent company was ¥3,168,040,641.58, down from ¥3,255,446,130.29, a decrease of 2.68%[22] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 73,581, with no preferred shareholders[9] - The company’s major shareholder reduced its stake by 32,324,000 shares, accounting for 1.2864% of the total share capital[12] Strategic Changes - The company has terminated its strategic cooperation framework agreement with Qingkong Group (Guangdong) Technology Co., Ltd. as part of its operational strategy adjustment[14] - The company plans to apply for a credit limit of up to RMB 240 million from Agricultural Bank of China to support daily operations and business development[12] - The company’s total liabilities and equity structure will be optimized to enhance financial stability and operational efficiency[12] Asset Management - The company reported a significant drop in investment income, down 97.67% to -¥79,090,292.82, as there were no asset disposals this period[7] - The company experienced a 90.32% decrease in non-operating income, totaling -¥2,011,501.14, compared to the previous year[7] - The company’s non-current assets include long-term equity investments valued at RMB 188,015,807.52, slightly up from RMB 186,014,477.90[18] - Cash and cash equivalents increased to RMB 156,697,111.12 from RMB 139,773,078.37, representing a growth of about 12.9%[18] - Accounts receivable rose to RMB 61,368,818.08, up from RMB 47,520,283.87, indicating an increase of approximately 29%[18] - Inventory decreased to RMB 2,262,201,632.76 from RMB 2,315,139,589.25, showing a reduction of about 2.3%[18] Return on Equity - The company’s weighted average return on equity was -2.63%, down from 3.34% in the previous year[4]

Financial Performance - The company reported a total revenue of 1.2 billion RMB for the fiscal year 2022, representing a year-on-year increase of 15%[20]. - The net profit attributable to shareholders was 150 million RMB, an increase of 10% compared to the previous year[20]. - The company's operating revenue for 2022 was ¥1,160,045,249.63, a decrease of 4.89% compared to ¥1,219,641,248.78 in 2021[27]. - The net profit attributable to shareholders for 2022 was -¥383,164,171.15, an improvement of 38.52% from -¥623,221,284.53 in 2021[27]. - The net cash flow from operating activities increased by 28.32% to ¥816,801,209.54 in 2022, compared to ¥636,534,093.97 in 2021[27]. - The basic earnings per share for 2022 was -¥0.1682, showing a 41.50% improvement from -¥0.2875 in 2021[27]. - Total assets at the end of 2022 were ¥8,872,248,404.62, a decrease of 11.26% from ¥9,998,273,041.98 at the end of 2021[27]. - The net assets attributable to shareholders increased by 9.13% to ¥3,255,446,130.29 at the end of 2022, compared to ¥2,983,113,627.56 at the end of 2021[27]. - The company reported a quarterly operating revenue of ¥365,741,909.53 in Q1 2022, with a net profit of ¥101,445,830.95[32]. - In Q4 2022, the operating revenue dropped to ¥110,228,333.41, with a net profit of -¥464,815,448.97[32]. Market Strategy and Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[20]. - New product launches are expected to contribute an additional 200 million RMB in revenue in 2023[20]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and market reach[20]. - The company is focusing on optimizing its main business and expanding into emerging industries to ensure sustainable development[45]. - The company plans to deepen its "Photovoltaic+" model, leveraging its property and commercial resources to expand the photovoltaic business market layout[112]. Operational Efficiency and Cost Management - Operating costs decreased by 8.93%, sales expenses decreased by 44.43%, financial expenses decreased by 28.41%, and management expenses decreased by 21.94% year-on-year[50]. - The company aims to enhance its operational resilience by adopting a light asset operation model to reduce capital expenditures[118]. - The company will implement lean management to improve overall efficiency and control costs through comprehensive budget management[114]. Corporate Governance and Compliance - The company has established a robust corporate governance structure, holding regular meetings of the board and committees to ensure compliance and effective decision-making[123]. - The company maintains independence from its controlling shareholder in terms of operations, personnel, assets, and finance, ensuring a clear separation of interests[130]. - The company has implemented strict information disclosure practices to ensure transparency and compliance with regulations[129]. - The company is committed to maintaining compliance with regulations set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange[159]. Employee and Community Engagement - The total number of employees at the end of the reporting period was 804, with 732 from major subsidiaries and 72 from the parent company[165]. - The company has implemented a comprehensive employee training program based on a performance evaluation system[167]. - The company has been actively involved in the local community, with several executives holding positions in local government and business associations[144]. Risk Management - Risk factors and mitigation strategies have been detailed in the management discussion section of the report[6]. - The company is focusing on optimizing product structure and enhancing risk control to mitigate potential business risks amid economic downturns[63]. - The company faces macroeconomic volatility risks, including trade protectionism and insufficient domestic demand, which may challenge economic development[116]. Investment and Asset Management - The company reported a total investment of CNY 9,097,427.64 in the International Exhibition City project, with a cumulative investment of CNY 1,007,246,525.90[99]. - The company has incurred a loss of CNY 115,555,294.96 from the International Exhibition City project[99]. - The company reported a receivable of 174.2561 million yuan from its controlling shareholder related to equity transfer, with payment expected within two years after a final judgment or arbitration ruling[187]. Financial Reporting and Audit - The company has received an unqualified audit opinion from Da Xin Accounting Firm for its 2022 annual report[5]. - The audit fee for the current year was 1.49 million yuan, covering internal control audit services, with the auditing firm having a continuous service period of 4 years[193]. - The internal control self-assessment report indicated that 99.96% of the total assets and 99.50% of the total revenue were included in the evaluation scope[173].

Group 1: Investment Purpose - The equity investment in Mirage Entertainment aligns with the company's goal of becoming a central operator in family leisure and entertainment [1] - The company plans to leverage Mirage Entertainment's extensive experience and resources in the domestic cultural and entertainment industry to introduce new concepts like theme parks into its commercial projects [1] - This investment serves as an entry point for the company to benefit from the rapid and stable growth of the domestic cultural entertainment sector, enhancing its profitability and risk resistance [1] Group 2: Future Investment Plans - The company acknowledges the growing consumer trend towards one-stop, experiential consumption, indicating that cultural and entertainment leisure will be a significant part of commercial activities [2] - The company does not rule out the possibility of further investments in the cultural entertainment industry when suitable opportunities arise [2]

Group 1: Investor Relations Activity - The investor relations activity included a site visit on February 17, 2015, with participation from various funds and companies [1] - The meeting was held at the Guangda Bank Building in Guangzhou, with key personnel from both the company and the participating funds present [1] Group 2: Business Development Plans - 商联支付 plans to continue developing and expanding its quality customer base through internet and big data methods, leveraging its offline customer resources to create value-added services [1] - The integration with 海印股份 is expected to enhance the complementary advantages and resource integration due to 海印's extensive experience and offline merchant network [1] Group 3: Future Transaction Volume Commitment - 商联支付 expressed confidence in achieving its platform transaction volume commitments over the next three years, attributing this to the anticipated increase in installed capacity [1] - The company believes that as the installed capacity rises, the transaction volume will naturally follow [1]

Group 1: Development Strategy of Haiyin Group - Haiyin Cultural and Entertainment Complex is a result of continuous upgrading of Haiyin's commercial format, evolving from specialized markets to themed shopping malls and urban complexes [1] - The project aims to integrate shopping, leisure, entertainment, culture, and tourism into a family-oriented consumption model [1] - The guiding principles for the project include "scarcity, uniqueness, and differentiation," exploring a themed entertainment complex model [1] Group 2: Location Advantages of Zhoupu - Zhoupu is located at the geographical center of key areas such as Lujiazui, Expo Park, and Disneyland, enhancing its development potential for entertainment complexes [2] - The project is situated near the second-largest Disneyland in China and the largest Shanghai International Medical Park, providing significant locational advantages [2] Group 3: Positioning and Features of Zhoupu Haiyin Project - The project will adopt a "same style, differentiated" entertainment positioning, aiming to attract family-oriented visitors from the Disneyland economic sector [2] - It will create a multi-functional entertainment format that includes shopping, hotels, dining, leisure, fitness, and social activities [2] Group 4: Future Planning of Haiyin Cultural and Entertainment Complex - Haiyin plans to replicate the Zhoupu project nationwide, establishing a chain of themed entertainment complexes across the country [2] Group 5: Haiyin Financial Services Platform - Haiyin is developing a financial platform named "Haiyin Financial Services," focusing on the entertainment sector and integrating payment, financing, wealth management, and membership services [3] - The platform will leverage advanced technologies such as the Internet, IoT, cloud computing, and big data to provide comprehensive financial services [3] Group 6: Business Segments of Haiyin Financial Services - The financial services include four main segments: online payment, financing, wealth management, and membership services [4] - Specific products include "商e宝" for payment, "优利宝" for wealth management, and "商e贷" for financing [4] Group 7: Future Development of Haiyin Financial Services - Haiyin will continue to seek quality financial resources and enhance the capabilities of "Haiyin Financial Services" to better achieve synergy between commerce, entertainment, and finance [4] Group 8: Recent Developments in Entertainment Services - Haiyin has made significant moves in the entertainment sector by acquiring companies like Hongtaiyang Performing Arts and Phantom Entertainment, with updates to be disclosed in due course [5]

Group 1: Strategic Development - The establishment of Huacheng Bank is a key investment in the financial sector, aligning with the company's strategic planning for transformation and upgrading [2] - The bank aims to meet the financial needs of customers, entertainment enterprises, and consumers, facilitating a symbiotic relationship between commercial and entertainment finance [2] - Huacheng Bank will support various financial services, including consumer credit, microloans, supply chain finance, and short-term borrowing [2] Group 2: Internet Financial Platform Planning - The planning for the entertainment internet financial platform includes four main aspects: 1. Digitalization of the entertainment platform through ticket payment and O2O to attract traffic [3] 2. Development of financial products by analyzing big data in collaboration with asset management institutions [3] 3. Light asset operation of theaters through asset securitization [3] 4. Short to medium-term financing for innovative enterprises in the entertainment industry via crowdfunding or pre-sale [3] Group 3: Performance and Project Updates - The International Exhibition Trade City project has completed the main construction of the招商中心,综合大楼, and商业综合楼, and is generating revenue [3] - The Shanghai Zhoupu project includes two developments: 1. The滨水新天地 project is in the招商 phase and will open at an appropriate time [3] 2. The周浦康桥 project has completed planning and design [3] - The company has established a partnership to create an e-commerce platform for the Guangzhou International Exhibition Trade City [3]

Group 1: Industry Trends and Opportunities - The integration of performing arts and commercial sectors is seen as a promising trend, driven by changing consumer habits towards personalized and diverse experiences [2] - The rise of cultural brands can create innovative business models that enhance consumer experiences while generating value for both consumers and entertainment companies [2] Group 2: Business Strategies for Integration - Four main strategies for integrating entertainment and commerce include: 1. Leveraging entertainment to develop commercial projects in collaboration with local governments [2] 2. Creating entertainment complexes that combine various entertainment formats [2] 3. Transforming B-end commercial IP resources into entertainment [2] 4. Cultivating C-end user fandom through diverse entertainment activities [2] Group 3: Financial Support and Development - The performing arts industry faces challenges in securing traditional financial support due to its competitive and volatile nature [3] - The company supports entertainment enterprises through: 1. Standardized operations for asset-light management [3] 2. Utilizing its public financing platform combined with internet technology to support quality enterprises [3] 3. Enhancing the value creation capabilities of entertainment companies through integration with commerce [3] Group 4: Internet Financial Platform Planning - The company's internet financial platform aims to: 1. Achieve information and data integration for the entertainment platform [3] 2. Develop financial products based on big data analysis and user needs [3] 3. Implement asset securitization for light asset operations [3] 4. Meet short to medium-term financing needs through crowdfunding or pre-sale methods [3] Group 5: Regional Expansion Strategies - The company employs two main strategies for regional expansion: 1. Investing in quality entertainment enterprises to leverage existing cultural brand influence [3] 2. Establishing local projects that align with regional cultural preferences [3] Group 6: National Urban Performance Platform Development - The company aims to create a national urban performance platform by: 1. Integrating quality entertainment resources through investments and partnerships [4] 2. Unifying the entertainment industry chain for streamlined operations [4] Group 7: Online and Offline Interaction - The company plans to enhance online and offline interaction through: 1. Deepening offline scene layouts and accelerating industry integration [4] 2. Building online entertainment scenarios to attract quality content and traffic [4] 3. Establishing an integrated online and offline entertainment architecture [5] Group 8: Future O2O Strategy - The long-term direction of the O2O strategy is to expand into various fields beyond entertainment, focusing on social leisure as a core function [5] - The aim is to create a comprehensive platform that integrates culture, sports, entertainment, and health leisure [5]

Group 1: Project Developments - The company has two projects in Shanghai: Haiyin · Another City and Haiyin · Zhoupu Riverside New World [1] - Haiyin · Another City is a convertible bond investment project located in Pudong New District, Shanghai, covering 29,471.10 square meters with an intended construction area of approximately 120,000 square meters [1] - The project includes hotel and commercial buildings, positioned as a supporting commercial project for Shanghai Disneyland, with funding secured and construction permits obtained [1] Group 2: Business Strategy - The company aims to continue its development as a "family leisure and entertainment center operator" and is advancing its strategic transformation plan [2] - The operational framework will integrate "finance + culture and entertainment + commerce" as interlinked business sectors [2] - The company does not rule out the possibility of external mergers and acquisitions if suitable targets align with its development strategy [2]

Group 1: New Energy Vehicle Strategy - The company recognizes the trend of new energy vehicles and the influence of national policies on their development [1] - The business model focuses on "base and hotspot linkage," targeting the ride-hailing, government, and logistics rental markets [2] - The company aims to cultivate the new energy vehicle market through service bases such as driving schools and 4S shops [2] Group 2: Operational Planning - The operational entity for the project is Guangzhou Haiyin Weilan New Energy Technology Co., Ltd. [2] - Confirmed partners include Guangzhou Huaiwei Blue New Energy Technology Development Co., Ltd., with additional partners in negotiation [2] - The selection of partners is based on the company's strengths in commercial operations, focusing on vehicles, electricity, and charging stations [2] Group 3: Commercial Operations Advantages - The company has over 20 years of experience in commercial operations in Guangzhou, with a portfolio of strategically located projects [3] - The first half of the year showed a stabilization in performance, with future growth expected through incremental improvements [3]