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大亚圣象:关于控股股东部分股份解押及再质押的公告
2023-12-05 08:21
证券代码:000910 证券简称:大亚圣象 公告编号:2023--023 大亚圣象家居股份有限公司 关于控股股东部分股份解押及再质押的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假 记载、误导性陈述或重大遗漏。 公司近日接到控股股东大亚科技集团有限公司(以下简称"大亚集团")函 告,获悉大亚集团将其所持有的本公司部分股份办理了解除质押及再质押手续, 具体事项如下: | 股东 名称 | 是否为控股 股东或第一 | 本次解除 质押股份 | 占其所 持股份 | 占公司 总股本 | 起始日 | | 解除日期 质权人 | | --- | --- | --- | --- | --- | --- | --- | --- | | | 大股东及其 一致行动人 | 数量 (万股) | 比例 | 比例 | | | | | 大亚 集团 | 是 | 1,700 | 6.69% | 3.11% | 2019 年 月 12 | 3 日 | 2023 年 12 月 1 日 | | 合计 | -- | 1,700 | 6.69% | 3.11% | -- | | -- | | | | | | | | | 中国工商银行 ...
大亚圣象(000910) - 2023 Q3 - 季度财报
2023-10-27 16:00
Financial Performance - The company's revenue for Q3 2023 was ¥1,783,484,083.99, representing a decrease of 8.71% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2023 was ¥142,059,611.97, an increase of 7.48% year-on-year[5]. - The basic earnings per share for Q3 2023 was ¥0.26, reflecting an increase of 8.33% compared to the previous year[5]. - Total revenue for the third quarter was approximately ¥4.46 billion, a decrease of 15.6% compared to ¥5.28 billion in the same period last year[17]. - Net profit for the quarter was approximately ¥248.85 million, a decline of 24.4% from ¥329.53 million in the previous year[19]. - Earnings per share (EPS) for the quarter was ¥0.45, compared to ¥0.59 in the same period last year[19]. - The total comprehensive income for the quarter was approximately ¥251.54 million, down 26.9% from ¥343.79 million in the same period last year[19]. Assets and Liabilities - Total assets at the end of Q3 2023 amounted to ¥9,407,775,191.63, a decrease of 1.49% from the end of the previous year[5]. - Total current assets as of September 30, 2023, amount to CNY 6,904,302,945.37, a slight decrease from CNY 6,978,240,774.45 at the beginning of the year[13]. - Total assets as of September 30, 2023, are CNY 9,407,775,191.63, down from CNY 9,549,626,806.85 at the start of the year[14]. - Total current liabilities amount to CNY 2,496,222,682.62, a decrease from CNY 2,763,004,554.40 at the beginning of the year[14]. - The total liabilities decreased to approximately ¥2.65 billion from ¥2.93 billion, reflecting a reduction of 9.5%[17]. - Total equity attributable to shareholders at the end of Q3 2023 was ¥6,603,321,085.33, an increase of 2.20% from the previous year[5]. - Total equity attributable to shareholders increased to approximately ¥6.60 billion from ¥6.46 billion, marking a growth of 2.2%[19]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥461,919,654.33, an increase of 10.66%[5]. - The cash inflow from operating activities for the current period is CNY 5,024,771,492.09, a decrease of 12.74% compared to CNY 5,756,553,771.57 in the previous period[20]. - The net cash flow from operating activities is CNY 461,919,654.33, an increase of 10.65% from CNY 417,412,116.96 in the same period last year[20]. - The cash outflow from investing activities is CNY 401,016,073.20, compared to CNY 360,690,216.22 in the previous period, indicating an increase in investment spending[20]. - The net cash flow from investing activities is -CNY 298,272,454.90, slightly improved from -CNY 304,543,886.85 in the previous period[20]. - The cash inflow from financing activities is CNY 21,917,104.58, a significant decrease from CNY 70,509,587.62 in the previous period[21]. - The net cash flow from financing activities is -CNY 218,402,846.94, worsening from -CNY 127,153,221.01 in the same period last year[21]. - The ending balance of cash and cash equivalents is CNY 2,455,322,761.44, compared to CNY 2,133,250,848.83 at the end of the previous period[21]. Investments and Income - The company reported a significant increase of 215.60% in trading financial assets, totaling ¥320,000,000.00 due to the purchase of wealth management products[8]. - Investment income for Q3 2023 was ¥17,816,991.93, a substantial increase of 5,811.72% compared to the same period last year[8]. - The company reported an investment income of approximately ¥17.82 million, a significant improvement from a loss of ¥0.31 million in the previous year[17]. Shareholder Information - Total number of common shareholders at the end of the reporting period is 24,387[10]. - The largest shareholder, Daya Technology Group, holds 46.44% of shares, amounting to 254,200,800 shares, with 196,000,000 shares pledged[10]. Other Financial Metrics - The company experienced a 34.94% increase in credit impairment losses, totaling -¥36,729,889.46 due to increased bad debt provisions[8]. - The company reported a decrease of 78.74% in other operating income, amounting to ¥3,109,346.05, primarily due to the increase in payable write-offs from the previous year[8]. - Research and development expenses for the quarter were approximately ¥107.95 million, slightly up from ¥104.88 million year-over-year[17]. - Deferred income tax liabilities decreased to approximately ¥12.66 million from ¥13.80 million, indicating a reduction of 8.2%[17]. - The company has not undergone an audit for the third quarter report[22].
大亚圣象:关于公司总裁、董事会秘书辞职的公告
2023-10-10 07:41
公司董事、副总裁兼财务总监陈钢先生代行董事会秘书职责期间的联系方式 如下: 联系电话:0511-86981046 证券代码:000910 证券简称:大亚圣象 公告编号:2023—021 大亚圣象家居股份有限公司 关于公司总裁、董事会秘书辞职的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假 记载、误导性陈述或重大遗漏。 大亚圣象家居股份有限公司(以下简称"公司")董事会于近日收到公司总 裁、董事会秘书吴谷华先生的书面辞职报告。因个人原因,吴谷华先生申请辞去 公司总裁、董事会秘书职务。吴谷华先生辞职后将不在公司及子公司担任任何职 务。截至本公告披露日,吴谷华先生未持有公司股份,不存在应当履行或仍在履 行中的承诺事项。 根据《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》、《公司章程》的有关规定,吴谷华先生的辞职自其辞职报告送达董事会之 日起生效。公司董事会对吴谷华先生在担任公司总裁、董事会秘书期间为公司发 展做出的贡献表示衷心的感谢! 吴谷华先生的辞职不会影响公司日常生产经营和董事会正常运作。公司将按 照法定程序尽快聘任新的总裁和董事会秘书,在选聘新任董事会秘书 ...
大亚圣象(000910) - 2023 Q2 - 季度财报
2023-08-28 16:00
Financial Performance - The company's operating revenue for the first half of 2023 was ¥2,674,894,340.12, a decrease of 19.63% compared to ¥3,328,085,381.70 in the same period last year[25]. - The net profit attributable to shareholders of the listed company was ¥101,904,480.36, down 46.74% from ¥191,339,867.20 in the previous year[25]. - Basic earnings per share decreased by 45.71% to ¥0.19, down from ¥0.35 in the previous year[25]. - The net profit after deducting non-recurring gains and losses was ¥97,019,894.67, a decrease of 23.43% from ¥126,707,064.83 in the same period last year[25]. - The company reported a significant decrease in revenue from the overseas market, which fell by 58.62% to ¥296,652,629.97 from ¥716,920,058.29[45]. - The sales of wood flooring accounted for 68.11% of total revenue, totaling ¥1,821,987,420.32, a decrease of 12.42% year-on-year[45]. - The company reported a total comprehensive income of CNY 104,052,692.79 for the first half of 2023, down from CNY 193,318,690.43 in the previous year[152]. - The company reported a total revenue of 7.5 billion yuan for the first half of 2023, representing a year-on-year increase of 14%[168]. Cash Flow and Assets - The net cash flow from operating activities increased by 22.61% to ¥249,328,686.85, compared to ¥203,351,421.28 in the same period last year[25]. - As of the end of the reporting period, cash and cash equivalents amounted to ¥2,335,094,799.42, representing 25.02% of total assets, a decrease of 1.63% compared to the previous year[50]. - Accounts receivable stood at ¥1,607,844,112.54, accounting for 17.23% of total assets, down by 1.65% year-on-year[50]. - Inventory increased to ¥2,351,880,406.01, making up 25.20% of total assets, an increase of 1.10% from the previous year[50]. - Total assets at the end of the reporting period were ¥9,331,849,324.88, a decrease of 2.28% from ¥9,549,626,806.85 at the end of the previous year[25]. - The total equity of the company was CNY 4,137,366,724.53, down from CNY 4,230,284,025.38 in the previous year[150]. Operational Efficiency - The operating cost decreased by 21.96% to ¥1,970,501,555.02 from ¥2,524,880,830.10, resulting in a gross profit margin of 26.26%[46]. - The overall operating expenses as a percentage of revenue decreased to 18%, down from 20% in the previous year, indicating improved operational efficiency[165]. - The company experienced a 49.08% reduction in financial expenses due to increased interest income, resulting in a financial income of -¥26,128,969.09[43]. Research and Development - Research and development expenses amounted to ¥63,875,819.29, down 6.72% from ¥68,478,551.64[43]. - Research and development expenses increased by 20% year-on-year, reflecting the company's commitment to innovation and technology advancement[165]. Market Strategy and Development - The company is focusing on green and sustainable development, enhancing its supply chain for environmentally friendly products[34]. - The company plans to launch two new product lines in Q3 2023, aiming to capture a larger market share in the home furnishings sector[165]. - Future guidance estimates a revenue growth of 10% for the full year 2023, driven by new product launches and market expansion strategies[165]. - The company is exploring potential mergers and acquisitions to enhance its market position and diversify its product offerings[165]. Environmental Compliance - 大亚人造板严格执行多项环境保护标准,包括《挥发性有机物无组织排放控制标准》GB37822-2019等[79]. - All environmental protection facilities operated stably in the first half of 2023, ensuring compliance with legal and regulatory standards[84]. - The company invested over 13 million RMB in environmental governance and protection during the reporting period[85]. Shareholder Information - The total number of shares is 547,397,500, with 99.95% being unrestricted shares and 0.05% being restricted shares[125]. - The largest shareholder, Daya Technology Group Co., Ltd., holds 46.44% of the shares, totaling 254,200,800 shares[130]. - The company distributed 3,600 million yuan to shareholders during the reporting period, maintaining a consistent dividend policy[175]. Risk Management - The company has analyzed potential risks and countermeasures for future development in the report[5]. - The company faces risks related to raw material shortages and price fluctuations, which may impact product output and gross margin[67]. - The company plans to enhance its risk management by improving procurement strategies and product differentiation to mitigate the impact of raw material price volatility[69].
大亚圣象:半年度非经营性资金占用及其他关联资金往来情况汇总表
2023-08-28 08:17
大亚圣象家居股份有限公司 2023 年半年度非经营性资金占用及其他关联资金往来情况汇总表 1 | 其他关联资 | | 往来方与上 | 上市公司 | 2023 | 年期初 | 2023 年半年 度往来累计 | 2023 年半 年度往来 | 2023 | 年半 年度偿还 | 2023 年 6 | 往来形成 | 往来性质 (经营性往 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 资金往来方名称 | 市公司的关 | 核算的会 | 往来资金余 | | | | | | 月末往来 | | | | 金往来 | | | | | | 发生金额(不 | 资金的利 | | 累计发生 | | 原因 | 来、非经营 | | | | 联关系 | 计科目 | 额 | | 含利息) | 息(如有) | | 金额 | 资金余额 | | 性往来) | | | 上海圣世年轮家 | 受 同 一 控 股 | | | | | | | | | 字 号 使 用 | 经营性往来 | | | 具有限公司 | 公司控制 | 应收账款 | | ...
大亚圣象:独立董事关于控股股东及其他关联方占用公司资金、公司对外担保情况的专项说明和独立意见
2023-08-28 08:17
大亚圣象家居股份有限公司独立董事 关于控股股东及其他关联方占用公司资金、公司 对外担保情况的专项说明和独立意见 3、公司严格按照中国证监会和深圳证券交易所相关制度的规定,履行必要 的审批程序,决策程序符合法律法规及《公司章程》的有关规定,并及时刊登公 司对外担保的相关公告,信息披露充分完整,充分揭示了对外担保存在的风险, 采取了切实有效的措施。公司对外担保严格执行《上市公司监管指引第 8 号—— 上市公司资金往来、对外担保的监管要求》的规定,不存在损害公司和中小股东 权益的情形。 独立董事:刘杰、冯萌、张立海 2023 年 8 月 25 日 根据中国证监会《上市公司监管指引第 8 号——上市公司资金往来、对外担 保的监管要求》的规定和要求,我们本着对公司及全体股东负责的态度,按照实 事求是的原则对公司控股股东及其他关联方占用资金的情况和对外担保情况进 行了认真的检查和落实,对公司进行了必要的核查和问询后,发表如下专项说明 及独立意见: 1、2023 年半年度,公司控股股东、实际控制人及其他关联方不存在占用公 司资金情况,也不存在以前期间发生但延续到报告期内的公司控股股东、实际控 制人及其他关联方占用公司资金情 ...
大亚圣象(000910) - 2023 Q1 - 季度财报
2023-04-27 16:00
Financial Performance - The company's revenue for Q1 2023 was ¥1,022,171,488.79, a decrease of 22.73% compared to ¥1,322,923,981.31 in the same period last year[5] - The net loss attributable to shareholders was ¥43,610,565.65, representing a 98.82% increase in losses from ¥21,934,566.46 in the previous year[5] - The company reported a 45.27% increase in the net loss after deducting non-recurring gains and losses, amounting to -¥47,083,545.59 compared to -¥32,410,618.30 last year[5] - Net loss for Q1 2023 was ¥48,541,501.14, compared to a net loss of ¥28,359,023.80 in Q1 2022, representing an increase in loss of 71.4%[19] - Basic and diluted earnings per share for Q1 2023 were both -¥0.08, compared to -¥0.04 in Q1 2022[19] Cash Flow and Liquidity - The net cash flow from operating activities improved significantly to ¥114,015,178.98, a 319.02% increase from -¥52,057,982.28 in the same period last year[5] - The cash inflow from operating activities for Q1 2023 was CNY 1,562,601,930.61, a decrease of 8.34% compared to CNY 1,705,056,406.47 in Q1 2022[21] - The net cash flow from operating activities was CNY 114,015,178.98, a significant improvement from a net outflow of CNY 52,057,982.28 in the same period last year[21] - Cash outflow for purchasing goods and services was CNY 995,548,467.73, down 19.43% from CNY 1,235,392,994.70 in Q1 2022[21] - Cash inflow from financing activities was CNY 51,693,798.20, while cash outflow was CNY 115,343,178.63, resulting in a net cash flow of -CNY 115,343,178.63[22] Assets and Liabilities - The total assets at the end of the reporting period were ¥9,237,767,920.74, down 3.27% from ¥9,549,626,806.85 at the end of the previous year[5] - The company's total liabilities decreased to ¥2,666,747,981.12 from ¥2,927,832,574.84, a reduction of 8.9%[15] - The total current liabilities were CNY 2,506,399,425.60, down from CNY 2,763,004,554.40, showing a reduction of about 9.3%[14] - The company's current assets totaled CNY 6,715,573,675.68, down from CNY 6,978,240,774.45 at the start of the year, indicating a decline of approximately 3.77%[13] - The total non-current assets amounted to CNY 2,522,194,245.06, down from CNY 2,571,386,032.40, reflecting a decrease of about 1.91%[14] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 26,494, with the largest shareholder, Daya Technology Group Co., Ltd., holding 46.44% of the shares[9] - Total equity attributable to shareholders decreased to ¥6,415,571,748.72 from ¥6,461,415,105.62, a decline of 0.7%[15] Operational Efficiency - Total operating costs for Q1 2023 were ¥1,082,466,225.96, down 20.4% from ¥1,361,194,286.14 in the same period last year[17] - The company reported a gross profit margin of approximately 27.5% for Q1 2023, down from 23.0% in Q1 2022[17] - Research and development expenses for Q1 2023 were ¥26,412,806.33, a decrease of 7.7% from ¥28,612,777.26 in the previous year[17] Inventory and Receivables - Inventory increased to CNY 2,369,149,879.05 from CNY 2,301,593,841.58, reflecting a growth of about 2.94%[13] - The accounts receivable decreased to CNY 1,487,139,539.17 from CNY 1,802,546,259.49, representing a decline of approximately 17.5%[13] Other Income and Expenses - The company recorded other income of ¥16,565,741.29, an increase of 52.5% compared to ¥10,853,035.87 in Q1 2022[17] - Financial expenses increased by 43.62% to ¥7,329,420.56, primarily due to increased exchange losses during the reporting period[7] Asset Management - The company experienced a 67.63% reduction in short-term borrowings, decreasing from ¥156,953,753.47 to ¥50,813,733.52[7] - The company reported a significant decrease of 98.95% in asset disposal income, down to ¥57,785.13 from ¥5,486,499.17 in the previous year[7] - The company's cash and cash equivalents stood at CNY 2,525,294,995.76, slightly down from CNY 2,545,435,495.33[13] - The ending balance of cash and cash equivalents was CNY 2,484,238,847.09, compared to CNY 2,091,804,414.58 at the end of Q1 2022[22] Product Development - The company did not report any significant new product launches or market expansions during this quarter[23]
大亚圣象:大亚圣象业绩说明会、路演活动信息
2023-04-13 10:14
| | □特定对象调研 □分析师会议 | | | --- | --- | --- | | 投资者关系活动 | □媒体采访 □√ 业绩说明会 | | | | □新闻发布会 □路演活动 | | | 类别 | □现场参观 | | | | □其他 (请文字说明其他活动内容) | | | 参与单位名称及 | 通过全景网"投资者关系互动平台"(http://ir.p5w.net)参与本次 | | | 人员姓名 | 年度业绩说明会的投资者 | | | 时间 | 2023 年 4 12 日(周三)15:00-16:30 | 月 | | 地点 | 全景网"投资者关系互动平台"(http://ir.p5w.net) | | | | 董事长:陈建军先生 | | | 上市公司接待人 | 总裁、董事会秘书:吴谷华先生 | | | 员姓名 | 董事、副总裁、财务总监:陈钢先生 | | | | 独立董事:张立海先生 本次年度业绩说明会采用网络远程的方式举行,投资者可 | | | | 登陆全景网"投资者关系互动平台"(http://ir.p5w.net)参与本次 年度业绩说明会。本次业绩说明会采用网络解答投资者提问的 | | | 投资者关系 ...
大亚圣象:关于举办2022年度业绩说明会的公告
2023-04-06 08:04
本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假 记载、误导性陈述或重大遗漏。 大亚圣象家居股份有限公司(以下简称"公司")已于 2023 年 3 月 28 日在 巨潮资讯网(http://www.cninfo.com.cn)披露了《大亚圣象家居股份有限公司 2022 年年度报告》全文及摘要。为便于广大投资者深入全面了解公司情况,公司将于 2023 年 4 月 12 日(星期三)下午 15:00-16:30 在全景网举办 2022 年度业绩说明 会,本次年度业绩说明会将采用网络远程的方式举行,投资者可登陆全景网"投 资者关系互动平台"(http://ir.p5w.net)参与本次年度业绩说明会。 出席本次说明会的人员有:公司董事长陈建军先生,总裁、董事会秘书吴谷 华先生,董事、副总裁、财务总监陈钢先生,独立董事张立海先生。 为充分尊重投资者、提升交流的针对性,现就公司 2022 年度业绩说明会提 前向投资者公开征集问题,广泛听取投资者的意见和建议。投资者可于 2023 年 4 月 11 日(星期二)12:00 前访问 http://ir.p5w.net/zj/,或扫描下方二维码,进入 问题征 ...
大亚圣象(000910) - 2022 Q4 - 年度财报
2023-03-27 16:00
Financial Performance - The company's operating revenue for 2022 was approximately ¥7.36 billion, a decrease of 15.86% compared to ¥8.75 billion in 2021[24]. - The net profit attributable to shareholders for 2022 was approximately ¥420.31 million, down 29.38% from ¥595.13 million in 2021[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥340.99 million, a decline of 38.81% from ¥557.29 million in 2021[24]. - The basic earnings per share for 2022 was ¥0.77, a decrease of 29.36% compared to ¥1.09 in 2021[24]. - The total assets at the end of 2022 were approximately ¥9.55 billion, an increase of 1.39% from ¥9.42 billion at the end of 2021[24]. - The net assets attributable to shareholders at the end of 2022 were approximately ¥6.46 billion, up 5.68% from ¥6.11 billion at the end of 2021[24]. - The cash flow from operating activities for 2022 was approximately ¥650.68 million, an increase of 9.23% compared to ¥595.68 million in 2021[24]. - The weighted average return on net assets for 2022 was 6.70%, down from 10.16% in 2021[24]. - In 2022, the company's total revenue for the four quarters was approximately CNY 8.36 billion, with Q4 revenue reaching CNY 2.08 billion, marking a significant increase compared to previous quarters[28]. - The net profit attributable to shareholders for Q2 was CNY 213.27 million, while the net profit for Q1 was a loss of CNY 21.93 million, indicating a recovery in profitability during the year[28]. Market Position and Strategy - The company maintained a strong brand presence, with its "Saint象" flooring brand ranking first in the "China Real Estate Supply Chain Brand Power Index" for flooring products in 2022[35]. - The company is focused on green and high-quality development, with its products receiving multiple environmental certifications, including "formaldehyde-free certification" and "China Environmental Label Product Certification"[35]. - The wood flooring industry in China is expected to benefit from increasing urbanization rates, which reached 64.72% by the end of 2021, providing a growing market for flooring products[34]. - The overall market for wood flooring is projected to grow as consumer demand for environmentally friendly and personalized products increases, supported by government policies promoting urbanization[34]. - The company aims to enhance its brand influence by improving production efficiency and product value through technological innovation and new product development[37]. - The company’s strategy includes focusing on high-value products and enhancing brand construction to stabilize sales volume[46]. - The company is actively pursuing strategic initiatives to enhance operational efficiency and market competitiveness[99]. Product Development and Innovation - The company launched new product categories in 2022, including wooden sports and art flooring, outdoor DIY flooring, and high molecular impact-resistant wall panels, enhancing product diversity[45]. - The company developed a new ultra-lightweight insulation fiberboard with a density below 0.55g/cm3, enhancing its competitive edge in differentiated operations[60]. - The company launched a new F4 star-rated all-wood flooring material to reduce reliance on pine wood, addressing market shortages[60]. - The company achieved a 99.9% reduction in virus activity with its new antiviral flooring technology, targeting vulnerable populations[60]. - The company has completed the development of several new technologies aimed at enhancing product competitiveness and market share[59]. Financial Management and Governance - The company has established a comprehensive internal control governance structure that complies with relevant laws and regulations, ensuring effective decision-making and supervision[91]. - The company maintains independence from its controlling shareholders in terms of business operations, personnel, finance, and assets, ensuring autonomous management capabilities[94]. - The company has a dedicated financial department with an independent accounting system, ensuring compliance with tax obligations as an independent taxpayer[95]. - The company has established a three-year shareholder return plan for 2021-2023, continuing its commitment to shareholder value[119]. - The company has a cash dividend policy that is clearly defined in its articles of association, ensuring reasonable returns to investors and compliance with shareholder resolutions[119]. Environmental Compliance and Sustainability - The company strictly adheres to various environmental protection laws and standards, ensuring compliance in its production processes[133]. - The company reported a total annual discharge of 16.29 tons for COD, 0.41 tons for ammonia nitrogen, and 0.34 tons for total phosphorus, all within regulatory limits[136]. - The company achieved a formaldehyde emission level of 0.127 tons/year, far below the permissible limit of 5 mg/m3[139]. - The company has implemented new technologies to reduce volatile organic compounds, achieving an emission level of 5.99 tons/year, below the 60 mg/m3 standard[139]. - The company invested over 40 million RMB in environmental governance and protection during the reporting period[145]. Risks and Challenges - The company faces risks including raw material shortages and price fluctuations, which could impact product output and gross margins[85]. - The company is also exposed to risks from changes in the real estate market, which could adversely affect its operating performance due to the high correlation of its products with real estate renovations[86]. - The company emphasizes the importance of maintaining competitive advantages in an increasingly crowded market, as competition among brand enterprises intensifies[86]. Shareholder Engagement and Corporate Governance - The company held its 2021 annual general meeting with a participation rate of 55.46% on May 16, 2022, demonstrating shareholder engagement[96]. - The board of directors actively supervises the execution of board resolutions to promote the company's stable and healthy development[112]. - The company has maintained a high level of diligence and responsibility among its directors, ensuring compliance with regulations and effective governance[112]. - The independent directors bring diverse expertise, with backgrounds in finance, management, and engineering, contributing to the company's governance[101][102]. Future Outlook - The company plans to distribute dividends in cash or a combination of cash and stock, with a minimum of 30% of the average distributable profit over the next three years (2021-2023) to be distributed in cash, provided the company meets certain conditions[158]. - Future guidance suggests a projected revenue growth of 15% for the upcoming fiscal year, driven by increased demand and market expansion efforts[171]. - The company plans to expand its market presence by increasing its rental properties by 2,650 units in the upcoming year[173]. - The company is exploring potential mergers and acquisitions to strengthen its market position, targeting a 51% stake in strategic partners[173].