证券代码：002127 证券简称：南极电商 编号：2021-001 南极电商股份有限公司投资者关系活动记录表 | --- | --- | --- | |-----------------------|------------------------|------------------------------------------------------| | | | | | 投资者关系活动 | √ | 特定对象调研 □分析师会议 | | 类别 | □媒体采访 □业绩说明会 | | | | □ | 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） | | 参与单位名称及 | | 广发证券、中信证券、东吴证券、开源证券、中金证券、浙 | | 人员姓名 | | 商证券、汇添富基金、泰康资产、博时基金、华宝基金、华 | | | | 夏基金、景顺长城基金、南方基金、睿远基金、嘉实基金等 | | | | | | 时间 | 2021 年 1 月 5 | 日 15:30-16:30 | | 地点 | 电话会议 | | | 上市公司接待人 员姓名 | 董事长兼总经理：张 ...

证券代码：002127 证券简称：南极电商 南极电商股份有限公司投资者关系活动记录表 编号：2021-003 | --- | --- | --- | --- | --- | |----------------|---------------------------------------------------------------------|------------------------|-------|-------| | | | | | | | 投资者关系活动 | √特定对象调研 □分析师会议 | | | | | 类别 | □媒体采访 | | | | | | □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） | | | | | 参与单位名称及 | 东吴证券、开源证券、广发证券、国金证券、申万宏源、中信 | | | | | 人员姓名 | 证券、浙商证券、博道基金、大成基金、海富通基金、睿远基 金等 | | | | | 时间 2021 | 年 5 月 11 日 | | | | | 地点 | 上海市杨浦区国定东路 | 楼宴会厅 | | ...

证券代码：002127 证券简称：南极电商 南极电商股份有限公司投资者关系活动记录表 编号：2021-004 | --- | --- | --- | --- | --- | |----------------|------------------------------|----------------------------------------------------------|-------|------------------| | | | | | | | 投资者关系活动 | √特定对象调研 □分析师会议 | | | | | 类别 | □媒体采访 | □业绩说明会 | | | | | □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） | | | | 参与单位名称及 | | 开源证券、广发证券、东吴证券、中金、海通证券、东方证券、 | | | | 人员姓名 | | 长江证券、西部证券、华西证券、南方基金、博道基金、华宝 | | | | | | 基金、中信建投基金、汇添富基金、富国基金、银河基金、大 | | | | | | 成基 ...

证券代码：002127 证券简称：南极电商 南极电商股份有限公司投资者关系活动记录表 编号：2022-001 | --- | --- | --- | --- | --- | |----------------|---------------------------------|-------------------------------------------------------------------------------------------------|--------------|------------| | | | | | | | 投资者关系活动 | √特定对象调研 □分析师会议 | | | | | 类别 | □媒体采访 | □业绩说明会 | | | | | □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） | | | | | 参与单位名称及 | | 开源证券、广发证券、海通证券、东方证券、西部证券、华西 | | | | 人员姓名 | | 证券、博道基金、华宝基金、中信保诚基金、汇添富基金、富 | | | | | | ...

证券代码：002127 证券简称：南极电商 南极电商股份有限公司投资者关系活动记录表 编号：2022-002 | --- | --- | --- | --- | --- | |----------------|---------------------------------------|---------------------------------------------------------------------------------------------------------------|---------------------|--------------------| | | | | | | | 投资者关系活动 | √特定对象调研 □分析师会议 | | | | | 类别 | □媒体采访 | □业绩说明会 | | | | | □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） | | | | | 参与单位名称及 | | 开源证券、光大证券、广发证券、东吴证券、海通证券、东方 | | | | 人员姓名 | | 证券、太平 ...

Financial Performance - Total revenue for Q3 2022 was ¥822,430,714.70, a decrease of 26.12% year-on-year, and year-to-date revenue reached ¥2,576,570,223.29, down 7.14% compared to the same period last year[7] - Net profit attributable to shareholders for Q3 2022 was ¥74,111,070.60, a decline of 52.81% year-on-year, with year-to-date net profit at ¥248,863,792.38, down 38.27%[7] - Total operating revenue for Q3 2022 was approximately CNY 2.58 billion, a decrease of 7.5% compared to CNY 2.77 billion in Q3 2021[44] - Net profit for Q3 2022 was CNY 250.73 million, a decline of 37.8% from CNY 403.53 million in Q3 2021[46] - Total comprehensive income for the period attributable to the parent company was CNY 248,863,792.38, a decrease from CNY 403,158,946.71 in the previous period[50] E-commerce Performance - The company's GMV across all e-commerce channels for the first three quarters totaled ¥24.346 billion, a year-on-year decrease of 13.33%[8] - The GMV from Douyin and Kuaishou platforms increased significantly by 160.42% year-on-year, reaching ¥2.58 billion, while GMV from Alibaba and Pinduoduo platforms decreased by 23.17% and 8.74% respectively[8] Cash Flow and Liquidity - Cash flow from operating activities showed a net outflow of ¥105,665,688.00 year-to-date, reflecting a 63.24% improvement compared to the previous year[7] - The net cash flow from operating activities for the year-to-date period was -108.57 million RMB, a decrease of 64.5% compared to the same period last year, primarily due to an increase in net receipts from the mobile internet media investment platform business[24] - The net cash flow from investing activities for the year-to-date period was -434.79 million RMB, a decrease of 146.69% year-on-year, mainly due to a reduction in the scale of financial product redemptions and payments for the acquisition of equity and trademarks from Baijiahao[24] - The net cash flow from financing activities for the year-to-date period was -149.58 million RMB, a decrease of 87.2% compared to the same period last year, primarily due to a large-scale share repurchase conducted in the previous year[24] - Cash and cash equivalents at the end of the reporting period were approximately 1.68 billion RMB, down from 2.42 billion RMB at the end of the previous period[37] Assets and Liabilities - The total assets at the end of the reporting period were ¥5,689,774,512.68, an increase of 3.04% from the end of the previous year[7] - The total assets increased to CNY 5.69 billion in Q3 2022, up from CNY 5.52 billion in Q3 2021, reflecting a growth of 3.0%[43] - Total liabilities increased to CNY 757.65 million, up from CNY 660.80 million, reflecting a rise of 14.6%[43] - Non-current liabilities totaled CNY 44.11 million, a decrease of 14.2% from CNY 51.40 million in the previous year[43] Research and Development - Research and development expenses for the year-to-date were ¥19,922,800.00, a decrease of 33.24% year-on-year, attributed to a reduction in the scale of R&D personnel[20] - Research and development expenses for Q3 2022 were CNY 19.92 million, a decrease of 33.3% compared to CNY 29.84 million in Q3 2021[44] Organizational Changes and Strategy - The company has actively adjusted its organizational structure and business model to explore new revenue growth points amid declining traditional sales channels[11] - The company plans to continue expanding its presence on emerging channels and offline businesses to counteract the decline in traditional e-commerce platforms[11] Acquisitions and Investments - The company acquired 78 registered trademarks, including BASIC HOUSE and Mind Bridge, from TBH GLOBAL CO., LTD for an undisclosed amount[32] - The company signed an equity transfer agreement to acquire 100% of Bella Villa Clothing Co., Ltd for 45 million RMB[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 131,279, with the largest shareholder holding 24.94% of the shares[25] Other Financial Metrics - The company reported a credit impairment loss of 88.50 million RMB for the year-to-date period, an increase of 128.36% year-on-year, mainly due to an increase in the provision ratio for accounts receivable[23] - The income tax expense for the year-to-date period was 36.71 million RMB, an increase of 31.37% compared to the same period last year, primarily due to an increase in pre-tax profits of certain subsidiaries[23] - Basic and diluted earnings per share were both CNY 0.1065, down from CNY 0.1709 in the previous period[50] Audit Information - The company did not conduct an audit for the third quarter report[55]

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥1.75 billion, representing a 5.59% increase compared to ¥1.66 billion in the same period last year[29]. - The net profit attributable to shareholders decreased by 29.00% to approximately ¥174.75 million, down from ¥246.12 million in the previous year[29]. - The net profit after deducting non-recurring gains and losses was approximately ¥154.03 million, a decrease of 31.02% compared to ¥223.29 million in the same period last year[29]. - The company's total GMV for the reporting period reached 16.714 billion yuan, a year-on-year decrease of 12.51%[51]. - The company's total revenue for the reporting period was 1.754 billion yuan, an increase of 5.59% year-on-year[52]. - The revenue from the main business unit decreased by 19.09% to 257 million yuan, while the revenue from Time Internet increased by 11.41% to 1.497 billion yuan[52]. - The company's operating revenue for the reporting period was ¥1,754,139,508.59, representing a year-on-year increase of 5.59% compared to ¥1,661,298,373.44[72]. - The company's operating costs increased by 12.58% to ¥1,441,819,931.86, primarily due to the growth in the mobile internet media advertising platform business[72]. - The modern service industry revenue dropped by 23.94% to ¥267,901,781.38, down from ¥352,206,093.75 in the previous year[72]. - The revenue from the mobile internet media advertising platform was ¥1,481,508,478.88, with a gross profit margin of 4.80%, down by 1.60% year-over-year[75]. Cash Flow and Assets - The company's cash flow from operating activities showed a net outflow of approximately ¥175.09 million, an improvement from a net outflow of ¥265.34 million in the previous year[29]. - The total assets at the end of the reporting period were approximately ¥5.72 billion, reflecting a 3.59% increase from ¥5.52 billion at the end of the previous year[29]. - The net assets attributable to shareholders decreased slightly by 0.19% to approximately ¥4.85 billion, down from ¥4.86 billion at the end of the previous year[29]. - The company reported a significant increase in accounts receivable, amounting to ¥1,381,817,717.71, which represents 24.16% of total assets, up by 7.56% year-over-year[76]. - Cash and cash equivalents decreased to ¥1,760,061,374.64, accounting for 30.77% of total assets, down by 13.11% from the previous year[76]. - The inventory increased to ¥172,792,312.45, representing 3.02% of total assets, primarily due to the acquisition of Baijiahao[76]. - Total liabilities reached CNY 867,237,516.27, up from CNY 660,797,782.91, marking an increase of approximately 31.2%[200]. - The total equity attributable to shareholders was CNY 4,851,793,414.93, a slight decrease from CNY 4,861,044,428.07[200]. Shareholder and Stock Information - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[7]. - A total of 2,415,000 stock options were canceled due to performance targets not being met and employee departures[114]. - The employee stock ownership plan includes 18 employees holding a total of 7,979,128 shares, representing 0.33% of the company's total share capital[116]. - The largest shareholder, Zhang Yuxiang, holds 24.94% of the shares, totaling 612,159,216 shares[172]. - The second-largest shareholder, Wu Jiangxinmin Industrial Investment Co., Ltd., holds 4.09% of the shares, totaling 100,397,366 shares[172]. - The total number of shares remained at 2,454,870,403, with 18.75% being restricted shares and 81.25% being unrestricted shares[168]. - The company has a total of 144,261 shareholders as of the end of the reporting period[172]. Strategic Initiatives and Market Position - The company is focusing on brand upgrades and marketing enhancements to adapt to market changes and consumer demands[41]. - The company aims to transform from a product-centered approach to a customer and consumer-centered management strategy[42]. - The company is committed to building a diversified brand matrix to meet the varied production and consumption needs of the supply chain and consumers[54]. - The company has established stable relationships with suppliers and distributors, enhancing supply chain efficiency and reducing inventory[57]. - The company has established a strategy to expand its brand, channels, and product categories through joint ventures and acquisitions[102]. - The company emphasizes the importance of talent management and has implemented various incentive programs to attract and retain skilled professionals[103]. - The company aims to enhance organizational efficiency through continuous optimization and innovation in response to market changes[60]. Compliance and Governance - The company emphasizes the protection of shareholder and creditor rights, ensuring transparency and compliance with regulations[124]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[122]. - The company has not reported any non-standard audit reports for the current or previous periods[138]. - The company has not engaged in any significant external investments or financial transactions with related parties[144][146]. - The company has not undergone any changes in its controlling shareholder or actual controller during the reporting period[182]. Social Responsibility and Employee Welfare - The company actively participates in social responsibility initiatives, including community support during the pandemic[130]. - Employee welfare initiatives include health check-ups, team-building activities, and a living allowance of 1,000 yuan during the pandemic[128]. - The company maintains a commitment to quality management, ensuring product quality through various inspection methods[129].

Financial Performance - The total operating revenue for Q1 2022 reached CNY 946.20 million, representing a year-on-year increase of 16.42%[4] - The net profit attributable to shareholders was CNY 139.07 million, up 3.78% compared to the same period last year[4] - The total GMV across all e-commerce channels was CNY 8.199 billion, a decrease of 10.14% year-on-year[5] - The GMV from the Alibaba platform was CNY 3.297 billion, accounting for 40.22% of total GMV, down 28.19% year-on-year[5] - The GMV from the Pinduoduo platform was CNY 2.854 billion, representing a year-on-year growth of 10.82%[7] - The revenue from the main business unit was CNY 153 million, a slight decrease of 0.09% year-on-year[8] - Total operating revenue for Q1 2022 reached ¥946,196,425.97, an increase of 16.4% compared to ¥812,747,718.93 in Q1 2021[31] - Total operating costs for Q1 2022 were ¥791,267,049.72, up 17.3% from ¥674,767,849.27 in the same period last year[31] - Net profit for Q1 2022 was ¥139,074,025.51, representing a 4.3% increase from ¥133,171,253.77 in Q1 2021[34] - The company’s operating profit for Q1 2022 was ¥154,799,844.84, up from ¥146,631,195.68 in the previous year, marking a growth of 5.4%[33] Cash Flow and Liquidity - The cash flow from operating activities was negative CNY 369.26 million, a decrease of 30.12% compared to the previous year[4] - The company's cash and cash equivalents decreased from CNY 2,423,105,762.74 to CNY 1,586,733,295.22, a decline of approximately 34.5%[23] - The company reported a total cash inflow from operating activities of ¥1,072,355,327.09, slightly down from ¥1,090,058,077.23 in the previous year[36] - The cash flow from other operating activities was ¥39,811,590.54, down from ¥70,425,004.83 in the previous year, indicating a decline of 43.6%[36] - The net cash flow from operating activities was -$369.26 million, compared to -$283.79 million in the previous period, indicating a decline in operational cash generation[38] - The total cash and cash equivalents at the end of the period stood at $283.13 million, down from $572.52 million at the end of the previous period, showing a significant decrease in liquidity[38] - The cash outflow from operating activities totaled $1.44 billion, up from $1.37 billion in the previous period, suggesting increased operational expenses[38] Assets and Liabilities - The total assets at the end of the reporting period were CNY 5.566 billion, an increase of 0.80% from the end of the previous year[4] - The total assets of the company rose from CNY 5,521,804,720.75 to CNY 5,565,716,916.71, an increase of approximately 0.8%[25] - The company’s total liabilities decreased from CNY 1,000,000,000 to CNY 900,000,000, reflecting a reduction of 10%[25] - The company's total liabilities decreased to ¥564,246,476.12 from ¥660,797,782.91, a reduction of approximately 14.6%[28] - Total equity attributable to shareholders increased to ¥5,001,508,183.22 from ¥4,861,044,428.07, reflecting a growth of 2.9%[28] Shareholder Information - The company holds a total of 10,473,000 shares through a margin trading account, representing 0.43% of the total share capital[18] - The top shareholder, Zhang Yuxiang, owns 24.94% of the shares, totaling 612,159,216 shares, with 73,085,800 shares pledged[18] Inventory and Receivables - Accounts receivable increased significantly from CNY 916,593,493.30 to CNY 1,374,255,072.84, representing a growth of about 50%[23] - The company reported a decrease in inventory from CNY 3,694,311.05 to CNY 3,047,605.05, a reduction of about 17.5%[25] Strategic Initiatives - The company plans to continue expanding its multi-channel and multi-brand strategy to enhance business sustainability[5] - The company is in the process of acquiring 100% equity of Baijiahao (Shanghai) Fashion Co., Ltd., with the registration completed[21] - The company has announced a change in its signing auditors for the 2021 fiscal year[21] Tax and Expenses - The company’s tax expenses for Q1 2022 were ¥21,708,086.63, compared to ¥13,938,291.67 in Q1 2021, an increase of 55.8%[34] Investment Activities - Total cash inflow from investment activities was $113.06 million, significantly lower than $727.70 million in the previous period, reflecting reduced investment recovery[38] - The net cash flow from investment activities was -$428.25 million, a stark contrast to a positive $494.99 million in the previous period, highlighting increased cash outflows for investments[38] - Cash received from investment activities included $50.20 million from investment recoveries, a sharp decline from $710 million previously, indicating challenges in asset liquidation[38] - Cash paid for the acquisition of fixed assets and other long-term assets was $280.31 million, compared to only $252.74 thousand in the previous period, reflecting increased capital expenditures[38] Currency Impact - The impact of exchange rate changes on cash and cash equivalents was -$21,014.15, contrasting with a positive impact of $29,805.13 in the previous period, indicating currency volatility effects[38]

Financial Performance - The company reported a total revenue of RMB 2.34 billion for the year 2021, representing a year-on-year increase of 15%[20] - The gross merchandise volume (GMV) reached RMB 5.67 billion, reflecting a growth of 20% compared to the previous year[20] - The net profit attributable to shareholders was RMB 320 million, with a net profit margin of approximately 13.7%[20] - The company's operating revenue for 2021 was ¥3,888,093,634.42, a decrease of 6.80% compared to ¥4,171,910,790.54 in 2020[30] - The net profit attributable to shareholders for 2021 was ¥477,061,173.28, down 59.84% from ¥1,187,989,729.36 in 2020[30] - The net cash flow from operating activities in 2021 was ¥380,341,157.32, a decline of 60.23% from ¥956,424,737.04 in 2020[30] - The total assets at the end of 2021 were ¥5,521,804,720.75, a decrease of 15.13% from ¥6,506,344,387.41 at the end of 2020[30] - The basic earnings per share for 2021 was ¥0.2025, a decrease of 58.44% compared to ¥0.4872 in 2020[30] - The weighted average return on net assets for 2021 was 9.53%, a decrease of 12.87 percentage points from 22.40% in 2020[30] - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year growth of 20%[199] User Growth and Market Expansion - User data indicates an increase in active users by 25%, reaching a total of 10 million active users by the end of 2021[20] - The company is focusing on expanding its market presence in Southeast Asia, targeting a 30% increase in market share by 2023[20] - The company plans to expand its market presence and is focusing on new product development and technology innovation to drive future growth[184] - User data indicates an increase in active users by 15% year-over-year, reaching 10 million active users by the end of 2021[199] - The company is expanding its market presence in Southeast Asia, targeting a 25% market share by 2023[199] Product Development and Innovation - New product launches are expected to contribute an additional RMB 500 million in revenue in 2022[20] - Research and development expenses increased by 10% in 2021, focusing on enhancing technology for better user experience[199] - The company plans to invest 100 million RMB in new technology initiatives over the next two years[199] - The company completed a strategic acquisition of a logistics firm for 200 million RMB to improve delivery efficiency[199] Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 0.80 per 10 shares, based on a total of 2,335,952,962 shares[6] - The board of directors has approved a dividend payout of 0.5 RMB per share for the fiscal year 2021[199] Strategic Initiatives and Future Outlook - The management has set a revenue growth target of 20% for 2022, aiming for a total revenue of RMB 2.81 billion[20] - The company is exploring potential mergers and acquisitions to enhance its supply chain efficiency and market reach[20] - The company aims for significant revenue growth in 2022, supported by a strengthened multi-brand matrix and ongoing business consolidation efforts[82] - The company is committed to improving product quality and brand value through a robust R&D system and optimized marketing strategies, including the use of live streaming[87] - The company plans to enhance its brand matrix and continue upgrading its proprietary brands to meet diverse consumer needs[140] Supply Chain and Operational Efficiency - The company has a total of 1,839 authorized suppliers, 10,311 authorized dealers, and 13,258 authorized stores, indicating a robust supply chain network[55] - The company is enhancing its supply chain services to address high inventory and low turnover issues in the apparel industry, benefiting small and medium-sized manufacturers[84] - The company is implementing a flat and vertical management structure to enhance operational efficiency and reduce costs[92] - The company is focusing on quality management through rigorous inspections and collaboration with third-party quality control agencies to ensure product standards[92] Marketing and Brand Strategy - The company aims to enhance brand image through self-owned brand development, well-known brand collaborations, and acquisitions, creating a diversified brand matrix to meet personalized consumer demands[51] - The company has established a data marketing platform that covers all market data across major e-commerce platforms, providing targeted insights and optimization suggestions[59] - The company’s pricing strategy focuses on "low frequency not low price, medium frequency cost performance, and high frequency extreme cost performance," ensuring high turnover rates for partners[48] - The company plans to invest heavily in brand image enhancement through advertising on major media platforms and social media, aiming to create an immersive brand experience for users[61] Governance and Management - The company has established a stable governance structure, complying with relevant laws and regulations, and is focused on continuous improvement in governance practices[158] - The board of directors includes three independent directors, ensuring compliance with legal requirements and effective decision-making processes[161] - The company has developed a performance evaluation system linking employee income to performance, promoting transparency in the hiring of senior management[165] - The company has a dedicated investor relations management team to ensure accurate and timely information disclosure[166] Risks and Challenges - The company faces risks from slower platform development due to a deceleration in national consumption growth, which may impact performance; strategies include data marketing and brand management to adapt to market changes[146] - There is a risk of revenue impact from fluctuations in raw material prices affecting partners; the company aims to enhance brand influence and maintain product diversity to mitigate this risk[147] - The company is expanding its business through cross-border e-commerce and acquisitions, which may involve high costs and uncertain profitability timelines[149]

Financial Performance - The company's GMV for the first three quarters of 2021 reached 28.09 billion yuan, representing a year-on-year growth of 22.92%[7] - Revenue for the third quarter was approximately 1.11 billion yuan, a decrease of 2.85% compared to the same period last year, while total revenue for the year-to-date was 2.77 billion yuan, showing a slight increase of 0.08%[6] - Net profit attributable to shareholders for the first three quarters was 403.16 million yuan, down 44.15% year-on-year, primarily due to a decline in profits from the main business[9] - The net profit for Q3 2021 was approximately ¥403.53 million, a decrease of 44.1% compared to ¥721.05 million in the same period last year[31] - Operating profit for Q3 2021 was approximately ¥424.68 million, down 42.0% from ¥731.37 million in Q3 2020[31] - Total revenue from sales of goods and services reached approximately ¥3.39 billion, an increase from ¥3.00 billion in the previous year, representing a growth of 12.8%[33] - The total comprehensive income for the period was approximately ¥403.53 million, a decrease of 44.1% compared to ¥721.05 million in the same period last year[32] Cash Flow and Assets - The company's cash flow from operating activities for the year-to-date was -287.46 million yuan, a decrease of 494.61% compared to the previous year, mainly due to a decline in comprehensive service revenue[15] - Cash and cash equivalents decreased to CNY 1,779,138,871.33 as of September 30, 2021, down from CNY 2,973,538,706.01 at the end of 2020, a decline of approximately 40.2%[25] - The ending balance of cash and cash equivalents was 372,965,480.91 CNY, down from 1,185,258,751.06 CNY at the beginning of the period[35] - Total current assets amounted to 5,021,450,223.18 CNY, showing a slight decrease of 318,494.16 CNY compared to the previous period[36] - Total assets decreased to CNY 5,334,351,716.35 as of September 30, 2021, down from CNY 6,506,344,387.41 at the end of 2020, a decline of about 18.1%[26] - The company reported a decrease in cash and cash equivalents by 812,293,270.15 CNY during the quarter[35] Shareholder Information - The total number of common shareholders at the end of the reporting period was 150,371, with a notable increase of 10% compared to the previous period[17] - The top shareholder, Zhang Yuxiang, holds 24.94% of the shares, amounting to 612,159,216 shares, with 33,980,000 shares pledged[17] - The company repurchased shares worth approximately 1 billion yuan and distributed dividends of about 400 million yuan during the reporting period[15] - The company repurchased a total of 32,729,823 shares, representing 1.33% of the total share capital, with a total payment of RMB 300,035,441.01[20] - The company has a share buyback account holding 118,917,441 shares, which accounts for 4.84% of the total share capital[18] Expenses and Liabilities - Total operating costs increased to CNY 2,328,834,406.93 in Q3 2021 from CNY 2,062,747,097.37 in Q3 2020, representing a rise of about 12.9% year-over-year[30] - The company's equity attributable to shareholders decreased to CNY 4,790,974,663.18 from CNY 5,781,923,255.07, a decline of about 17.2%[29] - Total liabilities decreased to CNY 543,539,404.25 from CNY 724,426,319.14, indicating a reduction of approximately 25.0% year-over-year[29] - The company’s total liabilities increased to 796,979,229.49 CNY, with a notable rise in non-current liabilities[37] Future Outlook - The company expects a significant revenue increase in the fourth quarter due to the upcoming e-commerce sales peak and gradual inventory consumption by clients[9] Stock Options and Incentives - The company approved a stock option incentive plan during the board meeting on August 27, 2021, which was later ratified by the shareholders[21] - The stock option plan includes a review of the incentive object list and the number of options granted, which was confirmed by the supervisory board[23] - The stock options were officially registered on October 9, 2021, under the name "Nanji JLC3" with the code 037172[24] - The company is committed to complying with relevant laws and regulations regarding share repurchase and incentive plans[20] Miscellaneous - The third quarter report has not been audited[39] - The company has implemented new leasing standards starting from 2021, with retrospective adjustments for prior comparative data not applicable[39] - The board meeting of Nanji E-commerce Co., Ltd. was held on October 26, 2021[40]