温州源飞宠物玩具制品股份有限公司 投资者关系活动 记录表 编号：2023-005 特定对象调研 □分析师会议 □媒体采访 □业绩说明会 投资者关系活动类别 □新闻发布会 □路演活动 现场参观 其他（电话会议） 活动参与人员 1、 天蝎座资管 曾庆彬 2、 天蝎座资管 刘浩 时间 2023 年 6 月 13 日 地点 浙江省平阳县水头镇标准园区宠乐路 1 号 董事会秘书：陈群 上市公司接待人员姓 证券事务代表：方静 名 证券专员：王薇薇 形式 电话会议 一、介绍公司基本情况 二、调研活动问答内容 1、今年对国内市场的开拓有哪些具体的措施？ 公司目前通过在京东、天猫等电商平台开设网店的方 交流内容及具体问答 式对公司的自有品牌进行推广，随着国内市场需求增长， 记录 公司对国内市场的开拓力度正逐步加大。 公司的宠物牵引用具作为时尚产品，品牌发展尤为重 要，但公司国内品牌的成长仍需要一定的时间。除上海质 岑外，公司近期收购了一家主营宠物处方粮的电商企业， 并与一家较为成熟的电商企业达成合作，成立了以国内市 场为主的新电商公司。通过增加运营店面数量，加大力度 建设线上运营渠道等方式，利用相对成熟的线上运营模式 及丰富的 ...

Financial Performance - The company's operating revenue for 2022 was ¥953,701,010.37, a decrease of 10.77% compared to ¥1,068,781,382.24 in 2021[25]. - The net profit attributable to shareholders for 2022 was ¥158,537,118.87, an increase of 15.87% from ¥136,825,845.77 in 2021[25]. - The net cash flow from operating activities was ¥123,159,047.22, reflecting a 3.50% increase from ¥118,992,857.10 in 2021[25]. - The total assets at the end of 2022 amounted to ¥1,395,354,409.21, representing a 53.61% increase from ¥908,366,878.11 at the end of 2021[25]. - The net assets attributable to shareholders increased by 107.07% to ¥1,148,050,282.69 at the end of 2022, up from ¥554,423,119.90 at the end of 2021[25]. - The basic earnings per share for 2022 was ¥1.3954, a 4.27% increase from ¥1.3382 in 2021[25]. - The total operating revenue for 2022 was ¥953,701,010.37, a decrease of 10.77% compared to ¥1,068,781,382.2 in 2021[76]. - Pet supplies and snacks accounted for 100% of the total operating revenue, with pet leashes contributing ¥471,728,340.78 (49.45%), showing a decline of 23.01% year-on-year[76]. - The overseas sales accounted for 96.11% of total revenue, amounting to ¥916,635,786.11, which is a decrease of 10.97% from the previous year[76]. - The gross profit margin for pet supplies and snacks was 24.13%, with a decrease of 1.33% compared to the previous year[77]. Market Overview - The global pet market size is projected to reach $171.3 billion in 2022, with a compound annual growth rate of 7.66% from 2018 to 2021[34]. - The U.S. pet industry market size grew from $69.5 billion in 2017 to $123.6 billion in 2021, with a compound annual growth rate of 15.5%[36]. - The European pet consumption market reached €43 billion in 2022, growing by 5.7% year-on-year, making it the second-largest pet consumption market globally[39]. - China's pet market size surged from ¥33.7 billion in 2012 to ¥270.6 billion in 2022, with a compound annual growth rate (CAGR) of 23.16% over the decade[39]. - The pet food market accounted for approximately 51.6% of the total pet industry in China in 2021, followed by the pet medical market at 29.2%[43]. - The global pet supplies market grew by 10.7% in 2022, reaching $44.76 billion, with projections indicating a CAGR of 7.0% from 2021 to 2025[44]. - By 2022, China's pet supplies market size reached ¥36.9 billion, with expectations to grow to ¥48.4 billion by 2025[48]. - The global pet food market expanded from $93.3 billion in 2018 to $123.5 billion in 2022, with a CAGR of 7.26% during this period[50]. Risk Factors - The company faces risks including economic downturn uncertainties, market competition, raw material price increases affecting gross margin fluctuations, and exchange rate volatility[4]. - The company has faced challenges due to economic downturns, leading to a shift in consumer demand towards basic products[66]. - Increased market competition poses a risk, as new entrants may affect the company's market share and operational performance[122]. - The company faces risks from changing U.S.-China trade relations, which could impact sales and operational performance if tariffs on pet products are imposed[122]. - The company holds significant amounts of USD bank deposits and accounts receivable due to its export business, which exposes it to foreign exchange risk from USD to RMB fluctuations[124]. Research and Development - The company has focused on expanding its product line with innovative designs and materials to maintain competitive advantages in the market[86]. - The company completed the development of a new pet harness designed to improve the chances of lost pets being found[86]. - A new antibacterial pet leash was developed using regenerated polyester fibers, enhancing resource utilization and reducing waste[86]. - The company has successfully developed a high-hardness pet snack using an extrusion process, addressing material residue issues[87]. - The company has allocated 10 million RMB for research and development in 2023, focusing on sustainable materials for pet products[136]. Corporate Governance - The board of directors held six meetings in 2022, ensuring effective governance and oversight of company operations[137]. - The company maintained a strong financial independence, with no reliance on the controlling shareholder for funding or operational decisions[138]. - The board includes members with significant experience in both finance and legal sectors, enhancing corporate governance[147][152]. - The company has a total of 7 board members, including 3 independent directors[146]. - The management team consists of 6 senior executives, with the CEO being Zhuang Mingyun[150]. Employee Management - The company emphasizes a fair and performance-based salary distribution mechanism to motivate employees[167]. - The company has established a comprehensive training system focusing on new employee training and skill enhancement[168]. - The company reported a total of 1,928 employees at the end of the reporting period, with 765 in the parent company and 1,163 in major subsidiaries[166]. - The company has a total of 2,012 employees receiving salaries during the reporting period[166]. Shareholder Returns - The company plans to distribute a cash dividend of 4 RMB per 10 shares to all shareholders, based on a total of 136,350,000 shares[4]. - The company achieved a net profit attributable to shareholders of RMB 158,537,118.87 for the year 2022, with a distributable profit of RMB 406,078,111.75 at the end of the year[172]. - A cash dividend of RMB 4.00 per 10 shares will be distributed to all shareholders, totaling RMB 54,540,000.00[173]. - The company has proposed to use idle funds for purchasing financial products, aiming to optimize asset management[144]. Environmental Responsibility - The company has established a strict environmental management system, ensuring compliance with national pollution discharge standards[182]. - The main products include pet leashes, pet snacks, and other pet products, with minimal pollution generated during production[182]. - The company has built a wastewater treatment station to manage production wastewater effectively[182]. - The company has implemented noise reduction measures to ensure compliance with noise standards at the factory boundary[183]. Future Outlook - The company has outlined a future outlook projecting a revenue growth of 10% for the next fiscal year, driven by new product launches[103]. - The company provided a positive outlook for 2023, projecting a revenue growth of 10% to 12% based on expanding market demand and new product launches[131]. - New product launches are expected to contribute an additional 200 million RMB in revenue, with a focus on innovative pet toys[198]. - The company plans to expand its market presence by entering two new regional markets in 2023, aiming for a 10% market share in these areas within the first year[133].

Financial Performance - The company's revenue for Q1 2023 was ¥187,997,016.50, a decrease of 46.23% compared to ¥349,661,447.27 in the same period last year[5] - Net profit attributable to shareholders was ¥21,179,819.33, down 63.71% from ¥58,362,367.17 year-on-year[5] - Basic earnings per share decreased by 72.79% to ¥0.1553 from ¥0.5708 in the same period last year[5] - Net profit for Q1 2023 was CNY 22,876,080.12, a decline of 64.0% compared to CNY 63,540,732.93 in Q1 2022[26] Cash Flow - The net cash flow from operating activities increased by 409.43% to ¥19,604,029.63, compared to a negative cash flow of ¥6,335,618.95 in the previous year[5] - The net cash flow from operating activities was $19,604,029.63, a significant improvement compared to the previous period's negative cash flow of -$6,335,618.95[28] - The net increase in cash and cash equivalents was $36.55 million, a significant improvement compared to a net decrease of $38.05 million in Q1 2022, driven by changes in operating, investing, and financing activities[13] - The ending balance of cash and cash equivalents rose to $724,905,421.62 from $209,581,804.80, showing a substantial increase[29] Operating Costs and Expenses - Operating costs decreased by 44.24% to ¥143,375,580.63, attributed to reduced business volume during the reporting period[11] - Total operating costs for Q1 2023 were CNY 162,275,869.60, down 41.3% from CNY 276,854,193.70 year-on-year[24] - The company experienced a 62.67% reduction in income tax expenses, amounting to ¥1,309,267.48, due to decreased profits[11] - Cash outflow for purchasing goods and services was $120,223,799.65, down from $225,649,186.00, indicating a reduction of about 46.7%[28] Assets and Liabilities - Total assets at the end of Q1 2023 were ¥1,428,064,391.26, reflecting a 2.34% increase from ¥1,395,354,409.21 at the end of the previous year[5] - Total liabilities rose to CNY 154,907,505.27, compared to CNY 140,773,791.97 in the previous period[23] - The company's equity attributable to shareholders increased to CNY 1,165,380,590.75, up from CNY 1,148,050,282.69[23] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 15,521, with no preferred shareholders[15] - The largest shareholder, Zhuang Mingyun, holds 28.06% of the shares, amounting to 38,255,400 shares[16] Investment Activities - The cash paid for fixed asset construction and other long-term assets increased by 36.46% to $18.56 million, indicating ongoing investment in growth projects[13] - The company has not engaged in any investment management activities during the reporting period, resulting in a 100% decrease in cash received from investment activities[13] Other Financial Metrics - The company reported a 69.44% increase in prepayments to ¥6,939,709.10, primarily due to increased advance payments for raw material purchases[9] - Short-term borrowings reached ¥40,000,000.00, marking a 100% increase as part of enhanced financial planning[9] - The company reported a cash balance of $730.68 million as of March 31, 2023, an increase from $694.13 million at the beginning of the year[21] - The company reported a decrease in other comprehensive income, with a net amount of CNY -5,279,811.37 for Q1 2023 compared to CNY -1,524,967.59 in the previous year[26] - The company reported a 189.49% increase in fair value changes, resulting in a gain of ¥53,838.90, attributed to temporary gains from financial products[11]

证券代码：001222 证券简称：源飞宠物 公告编号：2023-003 温州源飞宠物玩具制品股份有限公司 关于举办 2022 年度业绩说明会的公告 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。 温州源飞宠物玩具制品股份有限公司（以下简称"公司"）将于 2023 年 4 月 25 日在巨潮资讯网上披露《2022 年年度报告》及《2022 年年度报告摘要》。 为便于广大投资者更加全面深入地了解公司经营业绩、发展战略等情况，公司定 于 2023 年 04 月 25 日（星期二）15:00-17:00 在"价值在线"（www.ir-online.cn） 举办温州源飞宠物玩具制品股份有限公司 2022 年度业绩说明会，与投资者进行 沟通和交流，广泛听取投资者的意见和建议。 一、说明会召开的时间、地点和方式 独立董事：徐和东先生 三、投资者参加方式 投资者可于 2023 年 04 月 25 日 （ 星期 二 ） 15:00-17:00 通过 网 址 https://eseb.cn/13dUGD6eBEI 或使用微信扫描下方小程序码即可进入参与互动交 流。投资者可于 20 ...

Group 1: Company Overview and Market Position - Wenzhou Yuanfei Pet Toy Co., Ltd. has been deeply engaged in the pet industry for over ten years, focusing on the research, production, and sales of pet products [3] - The company has established a production base in Cambodia to mitigate the impact of US-China trade tensions, benefiting from lower labor costs and favorable policies [2][3] - The domestic pet market is rapidly growing, attracting foreign enterprises, which may pose competitive risks to local companies [4] Group 2: Product Insights and Sales Strategy - Pet snacks, particularly chewable products, constitute a significant portion of the company's offerings, aiding in pet dental health and nutrition [4] - The company retains most of its orders for leashes in domestic factories, with Cambodia serving as a supplementary production site [5] - From 2019 to 2021, the average selling price of leashes increased, but gross margins declined due to rising raw material costs that were not fully passed on to downstream customers [5] Group 3: Future Expansion and Market Development - The company is considering expanding into other industries but remains focused on enhancing its core pet business [3] - To maintain competitiveness in overseas markets, the company plans to invest in R&D and increase the proportion of high-value-added products [3] - The company aims to promote responsible pet ownership and contribute to the development of the domestic pet market [5]

温州源飞宠物玩具制品股份有限公司 投资者关系活动 记录表 编号：2022-010 | --- | --- | --- | |--------------------|----------------------------------|------------------------------------------------| | | | | | | 特定对象调研 | □分析师会议 | | | 媒体采访 □业绩说明会 | | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | | 现场参观 | | | | 其他（请文字说明其他活动内容） | | | | 1、 富达基金 戚松乔 | | | 活动参与人员 | 2 、 富达基金 朱佳铭 | | | | 3 、 富达基金 朱星宸 | | | 时间 | 2022 年 12 月 2 日 | | | 地点 | 浙江省平阳县水头镇标准园区宠乐路 | 1 号 | | 上市公司接待人员姓 | 董事长：庄明允 董事会秘书：陈群 | | | 名 | 证券事务代表：方静 | | | 形式 | 电话会议 | | | | | 一、董事长庄明允先生简要介绍公司情况 | ...

温州源飞宠物玩具制品股份有限公司 投资者关系活动 记录表 编号：2022-009 | --- | --- | --- | |--------------------|----------------------------------|----------------------------------------------------| | | 特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | | 现场参观 | | | | □其他（请文字说明其他活动内容） | | | 活动参与人员 | 1、 国金证券 谢丽媛 | | | | 2 、 国金证券 尹新悦 | | | 时间 | 2022 年 11 月 17 日 | | | 地点 | 浙江省平阳县水头镇标准园区宠乐路 | 1 号 | | 上市公司接待人员姓 | 董事会秘书：陈群 | | | 名 | 证券事务代表：方静 | | | 形式 | 现场会议 | | | | 一、参观公司的产品展示厅 | | | | 二、调研活动问答内容 | | | | 1 | 、公司的研发团队是 ...

温州源飞宠物玩具制品股份有限公司 投资者关系活动 记录表 编号：2022-003 | --- | --- | --- | |--------------------|----------------------------------|-------------| | | 特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | | 现场参观 | | | | □其他（请文字说明其他活动内容） | | | | 1、 光大证券 姜浩 | | | | 2、 光大证券 聂博雅 | | | | 3 、 光大永明 王鹏 | | | | 4 、 建信基金 姜峰 | | | | 5 、 贝莱德基金 胡楠 | | | | 6 、 工银瑞信 袁辰昱 | | | | 7 、 南方基金 车育文 | | | 活动参与人员 | 8、 新华资产 杨思思 | | | | 9 、 信达澳亚 马琦雯 | | | | 10 、 中科沃土 朱小小 | | | | 11 、 建信基金 张艳姝 | | | | 12 、 国融基金 彭双宇 | | | | 13 、 九泰 ...