证券代码：002131 证券简称：利欧股份 利欧集团股份有限公司投资者关系活动记录表 编 号 ： 2018- 001 | --- | --- | --- | --- | |------------------|-----------------------------------------------|--------------------------------------------------------------------------------------------------------|----------------------------------------------------------| | | | | | | 投资者关系活动类 | ■ | 特定对象调研 □分析师会议 | | | | □ 媒体采访 □业绩说明会 □ 新闻发布会 □路演活动 | | | | 别 | □ | 现场参观 □一对一沟通 | | | | □ 其他 | | | | | 1 | 、天风证券股份有限公司 徐景春 | | | | 2 | 、海通证券股份有限公司 孙小雯 | | | | 3 | 、海通证券股 ...

Group 1: Business Structure and Operations - The company operates under a dual-driven model of "mechanical manufacturing + internet" [2] - The mechanical manufacturing segment includes the production of pumps, garden machinery, cleaning, and plant protection machinery, with a complete industrial chain in the pump sector [2] - The company has established three major production bases in China: Taizhou (civil pumps), Xiangtan (industrial pumps), and Dalian (petrochemical pumps) [2] Group 2: Market Presence and Export - The civil pump production base in Taizhou exports to over 140 countries, with Europe being the largest market [2] - The industrial pump base in Xiangtan covers a land area of over 200 acres and is a leading brand in domestic large-scale water conservancy projects [3] - The Dalian petrochemical pump base is a key supplier for major chemical industries in China, with some products recognized as industry-leading [3] Group 3: Digital Marketing and Growth - The digital marketing segment has seen a slowdown in overall growth, with significant increases in short video and live streaming sectors, where short video revenue has surpassed RMB 100 billion [3] - The company achieved over 100% growth in short video business volume compared to the previous year [3] - The company is focusing on optimizing its team and adapting to changes in live streaming to enhance creative capabilities [3] Group 4: Financial Insights and Future Plans - Approximately 6% of convertible bonds have not been converted into company stock, which could save financial costs upon conversion [4] - The company plans to strengthen its capabilities in advertising production and live streaming, including overseas live streaming [6] - For 2020, the company aims to maintain its position as a top three agent for short videos on platforms like Toutiao and Kuaishou [5]

证券代码：002131 证券简称：利欧股份 利欧集团股份有限公司投资者关系活动记录表 编 号 ： 2019- 002 | --- | --- | --- | |-------------------------------------|--------------------------------------------------|----------------------------------------------------------| | | | | | | ■ | 特定对象调研 □分析师会议 | | 投资者关系活动类 | □ □ 新闻发布会 □路演活动 | 媒体采访 □业绩说明会 | | 别 | □ □ 其他 | 现场参观 □一对一沟通 | | 参与单位名称及人 | 由同花顺 iFinD 与公司线上专场交流会。 | 社交投资路演平台定向邀请，共有 30 位投资者参 | | 员姓名 | | | | 时间 | 2019 年 9 月 3 日 上海市普陀区中山北路 | 2900 号东方国际元中大厦 A 栋 13 楼公司 | | 地点 | 办公室 | | | 上市公司接待人员 投资者关系活动主 | ...

证券代码：002131 证券简称：利欧股份 利欧集团股份有限公司投资者关系活动记录表 编 号 ： 2018- 002 | --- | --- | --- | |-------------------------|------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | □ | 特定对象调研 □分析师会议 | | 投资者关系活动类 | □ □ | 媒体采访 □业绩说明会 新闻发布会 □路演活动 | | 别 | □ ■ | 现场参观 □一对一沟通 其他 投资者接待日活动 1、中融国际信托有限公司 王越、王虔雅 | | 参与单位名称及人 员姓名 | 2 ...

Group 1: Company Overview - The company, Lio Group Co., Ltd., has undergone significant capital operations since its listing, including acquisitions of industrial pump companies and a shift towards internet business [1] - In 2017, the company achieved operating revenue of CNY 1,057,263.07 thousand, representing a year-on-year growth of 45.06% [1] - The net profit attributable to shareholders was CNY 42,118.28 thousand, a year-on-year decrease of 25.13% [1] Group 2: Financial Performance Challenges - The decline in performance is attributed to several factors: 1. Rising raw material costs and increased depreciation from new facilities led to a decrease in gross profit margin in the manufacturing sector [2] 2. Underperformance of subsidiaries in the digital marketing sector resulted in goodwill impairment provisions [2] 3. Full provision for bad debts of CNY 40 million was made due to receivables from the LeEco system that are expected to be unrecoverable [2] Group 3: Cash Flow and Receivables - The net cash flow from operating activities was negative due to extended settlement periods for quality clients and shortened media cost payment cycles [2] - The company has a significant accounts receivable balance of over CNY 4 billion, with more than 90% of the aging under one year [3] - Measures to stabilize the cash flow include widening financing channels, enhancing receivables collection efforts, and adopting prudent sales policies [3] Group 4: Goodwill and Impairment - Goodwill primarily arises from acquisitions, with approximately CNY 1.7 billion from Wan Sheng Wei Ye and over CNY 600 million from Micro Innovation and Zhi Qu Advertising [3] - The company conducts annual impairment tests to determine if goodwill needs to be written down [3] Group 5: Business Model and Market Strategy - Wan Sheng Wei Ye's business model includes PC and mobile traffic integration, targeting small websites and APP promotion services to generate traffic revenue [3] - The company is exploring new business cooperation models to improve the gross profit margin of its digital marketing business [2]

Group 1: Business Performance and Financials - The company achieved a net profit attributable to shareholders of 4.771 billion in 2020, a 1451.47% increase compared to 2019 [2] - The net profit for Q1 2021, excluding non-recurring gains and losses, was 88.7738 million, a 10.17% increase year-on-year [2] - The company’s revenue from digital marketing services exceeded 7 billion in 2020, with a year-on-year growth of 17% [2][6] Group 2: Investments and Shareholding - The company holds 5,186,176 shares of the newly listed Xinfengguang, which has significantly appreciated in value since the investment [2] - The company has invested in several firms, including Ideal Auto and Xinfengguang, both of which are now publicly listed [2][9] - The company has a cash management strategy with 3 billion authorized for financial management, indicating no immediate plans for stock buybacks [5] Group 3: Business Strategy and Future Outlook - The company plans to continue strengthening its mechanical manufacturing business while expanding its digital marketing services [2][4] - The digital marketing sector is identified as a key growth area, with ongoing efforts to enhance capabilities in short video and information flow marketing [10] - The company aims to improve operational quality, optimize customer structure, and enhance cash flow in the coming years [10] Group 4: Market Position and Competitiveness - The company’s industrial pump products are leading in the domestic market for large water conservancy projects, with contracts totaling approximately 35% of all industrial pump contracts in 2020 [6] - The company maintains a competitive edge in manufacturing capabilities, international marketing, and technological innovation [7] - The company is actively pursuing collaborations with major media platforms to enhance its advertising business [6][10]

Financial Performance - The company's revenue for Q3 2022 was ¥5,329,369,394.39, representing a year-over-year increase of 0.75%[5] - The net profit attributable to shareholders was -¥1,030,142,471.94, a decrease of 0.72% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥143,639,562.95, an increase of 254.28% year-over-year[5] - The total operating revenue for the current period reached ¥15,150,607,095.73, an increase of 4.86% compared to ¥14,448,220,648.75 in the previous period[24] - The total operating costs amounted to ¥14,910,518,977.13, up from ¥14,287,141,978.85, reflecting a year-over-year increase of 4.38%[27] - The net profit attributable to the parent company's shareholders was -¥74,940,829.30, an improvement from -¥88,570,620.55 in the previous period[29] - The company reported a net loss of -¥83,257,409.98, compared to a net loss of -¥91,545,612.69 in the same period last year[29] Assets and Liabilities - The total assets at the end of Q3 2022 were ¥19,252,188,150.79, down 2.99% from the end of the previous year[5] - The company’s total liabilities decreased by 45.12% to ¥1,093,385,257.06, primarily due to repayment of bank loans[11] - The total liabilities decreased to ¥7,269,772,298.68 from ¥7,906,230,033.47, indicating a reduction of approximately 8.06%[24] - The company reported a total liability of ¥4,863,747,803.66 in current liabilities, down from ¥5,720,959,849.96, indicating a decrease of about 15.0%[20] - Short-term borrowings decreased to ¥1,093,385,257.06 from ¥1,992,172,509.50, a reduction of approximately 45.0%[20] Cash Flow - The cash flow from operating activities for the year-to-date was -¥3,387,899.19, showing a significant improvement of 99.07% compared to the same period last year[5] - The cash flow from operating activities was ¥15,346,085,642.73, compared to ¥15,373,033,054.15 in the previous period, showing a marginal decrease[32] - Net cash flow from operating activities was negative at approximately -$3.39 million, improving from -$365.91 million in the prior year[33] - Cash inflows from investment activities reached approximately $2.91 billion, up from $1.36 billion in the previous period[33] - Net cash flow from investment activities was approximately $1.39 billion, a significant improvement from -$64.92 million last year[33] - Cash inflows from financing activities totaled approximately $2.26 billion, compared to $1.82 billion in the previous period[36] - Net cash flow from financing activities was negative at approximately -$624.01 million, contrasting with a positive $851.72 million in the prior year[36] Shareholder Information - The total number of common shareholders at the end of the reporting period is 217,701, with the top 10 shareholders holding a combined 27.76% of shares[12] - Wang Xiangrong, the largest shareholder, holds 9.44% of shares, amounting to 637,387,033 shares, with 280,000,000 shares pledged[12] - The company has a total of 159,346,758 unrestricted shares held by Wang Xiangrong, the largest unrestricted shareholder[15] Research and Development - Research and development expenses increased by 30.51% to ¥137,929,412.50, reflecting the company's commitment to innovation[11] - Research and development expenses increased to ¥137,929,412.50 from ¥105,681,089.26, marking a rise of 30.49%[27] Investment Income - The company reported an investment income of ¥367,462,485.21, a substantial increase of 2,199.25% year-over-year due to the disposal of certain equity holdings[11] - The company experienced a significant investment income of ¥367,462,485.21, a turnaround from a loss of -¥17,504,469.87 in the previous period[27] - The company received approximately $2.09 billion in investment income, an increase from $1.14 billion in the prior year[33] Cash and Cash Equivalents - The company's cash and cash equivalents as of September 30, 2022, amount to ¥2,758,712,751.68, an increase from ¥1,722,641,888.82 at the beginning of the year[18] - The ending balance of cash and cash equivalents was approximately $2.29 billion, up from $1.06 billion in the previous period[36] - The net increase in cash and cash equivalents was approximately $878.04 million, compared to $428.42 million last year[36]

Financial Performance - The company's operating revenue for the first half of 2022 was ¥9,821,237,701.34, representing a 7.24% increase compared to ¥9,158,609,005.82 in the same period last year[28]. - The net profit attributable to shareholders of the listed company was ¥955,201,642.64, a 2.25% increase from ¥934,163,391.30 year-on-year, while the net profit after deducting non-recurring gains and losses decreased by 66.41% to ¥47,717,683.41[28]. - The net cash flow from operating activities improved significantly to ¥411,612,737.87, compared to a negative cash flow of -¥83,311,829.37 in the previous year, marking a 594.06% increase[28]. - Total assets at the end of the reporting period reached ¥20,679,819,037.21, up 4.21% from ¥19,844,949,856.13 at the end of the previous year[28]. - The net assets attributable to shareholders of the listed company increased by 8.22% to ¥12,847,439,211.76 from ¥11,871,558,415.99 at the end of the previous year[28]. - The basic earnings per share remained stable at ¥0.14, unchanged from the same period last year[28]. - The weighted average return on net assets increased to 7.73%, up from 7.00% in the previous year[28]. - The operating costs increased by 6.60% to ¥9,078,791,393.43 from ¥8,516,459,618.80 in the previous year[83]. - Research and development investment rose by 24.37% to ¥82,765,219.70, up from ¥66,545,784.90 in the previous year, indicating a strong commitment to innovation[83]. Revenue Breakdown - The company achieved operating revenue of 982,123.77 million yuan, a year-on-year increase of 7.24%[42]. - Revenue from the manufacturing sector was ¥2,025,728,911.08, accounting for 20.63% of total revenue, with a year-on-year growth of 18.25%[84]. - Internet sector revenue amounted to ¥7,762,019,874.08, making up 79.03% of total revenue, with a year-on-year increase of 4.68%[84]. - Media agency services generated ¥7,583,964,057.87 in revenue, representing 77.22% of total revenue, with a growth of 6.00% year-on-year[88]. Investment and Financial Assets - The company reported a significant gain from the fair value changes of financial assets, amounting to ¥1,186,924,209.40, primarily due to the recognition of gains from holding and disposing of Ideal Automotive stocks[31]. - The fair value change of financial assets amounted to ¥841,908,082.55, with a total of ¥8,146,011,803.56 in financial assets at the end of the period[97]. - The company reported an investment income of ¥363,554,858.68, contributing 28.94% to total profit, primarily from the disposal of shares in Ideal Automotive[88]. - The company made a new equity investment of ¥120,000,000 in Hangzhou Jinyan Hangtian Equity Investment Partnership, holding a 63.49% stake[104]. - The company invested 87 million in Nanjing Jikai Microwave Technology Co., acquiring a 19.91% stake, with a total payment of 20 million this period[107]. Market and Operational Strategies - The company is actively expanding its domestic market, with domestic revenue increasing by 2.19 billion yuan and contract orders growing by over 30%[45]. - The company is implementing a comprehensive management reform to enhance operational efficiency, including the establishment of new departments and the optimization of production management processes[52]. - The company is focusing on digital transformation solutions, integrating digital strategies, media, and e-commerce to enhance its marketing services[41]. - The company launched its first stock option incentive plan to enhance the stability of the management team and core employees, ensuring the achievement of development strategies and operational goals[53]. - The company has established a comprehensive marketing network in major global sales markets, enhancing its brand influence and customer base[72]. Risk Management and Challenges - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans[7]. - The company faces market volatility risks due to global uncertainties, including trade protectionism and geopolitical tensions[116]. - The fluctuation in raw material prices significantly impacts the company's operating costs, as these materials constitute a large portion of the main business costs[117]. - The digital marketing sector faces integration risks due to the recent acquisitions and the need for effective management[120]. Corporate Governance and Compliance - The company plans not to distribute cash dividends or issue bonus shares for this reporting period[8]. - The semi-annual financial report was not audited, indicating a potential area for future scrutiny[160]. - There were no significant litigation or arbitration matters reported during the reporting period[162]. - The company did not experience any non-operating fund occupation by controlling shareholders or related parties during the reporting period[156]. - The total guarantees provided do not exceed 50% of the net assets[185]. Environmental and Social Responsibility - The company has a wastewater treatment capacity of 160 tons per day, with all pollutants meeting discharge standards[145]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[148]. - The company has not yet engaged in poverty alleviation or rural revitalization efforts during the reporting period[151].

利欧集团股份有限公司 2022 年第一季度报告全文 1 证券代码：002131 证券简称：利欧股份 公告编号：2022-033 利欧集团股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保 证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 | --- | --- | --- | --- | |-----------------------------------------------------|-------------------|-------------------|---------------------------| | | | | | | | 本报告期 | 上年同期 | 本报告期比上年同期增 ...

Financial Performance - The company's operating revenue for 2021 was ¥20,280,907,073.02, representing a 30.44% increase compared to ¥15,547,867,888.36 in 2020[29]. - The net profit attributable to shareholders for 2021 was -¥1,019,395,292.65, a decrease of 121.36% from ¥4,772,475,489.48 in 2020[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥1,470,470,910.03, a decline of 618.75% compared to ¥283,462,099.84 in 2020[29]. - The net cash flow from operating activities was -¥499,458,724.44, down 207.60% from ¥464,181,502.78 in 2020[29]. - Basic earnings per share for 2021 were -¥0.15, a decrease of 121.13% from ¥0.71 in 2020[29]. - The weighted average return on net assets was -8.22%, a drop of 53.33 percentage points from 45.11% in 2020[29]. - Total assets increased by 3.05% to ¥19,844,949,856.13 from ¥19,257,875,021.33[32]. - The company’s net assets attributable to shareholders decreased by 8.52% to ¥11,871,558,415.99 from ¥12,977,251,808.04[32]. - The company reported a significant goodwill impairment provision, impacting financial results and leading to discrepancies with previously disclosed quarterly reports[35]. - The company secured new contracts/orders worth approximately 42.3 billion CNY, a year-on-year increase of 37.4%[79]. Business Operations and Strategy - The company has been focusing on the research, production, and sales of micro and small water pumps and garden machinery products since its establishment[28]. - The company has expanded its business into industrial pumps and digital marketing through acquisitions since 2010[28]. - The company emphasizes the importance of risk awareness regarding future plans and development strategies[7]. - The company aims to shift its core competitiveness towards "digging customer needs and providing integrated solutions" as part of its five-year development plan[77]. - The company plans to enhance its manufacturing segment by increasing sales investment and expanding its international marketing team, including the establishment of a European product and after-sales service center[168]. - The company aims to explore new business opportunities in carbon neutrality, pumped storage, clean energy, and big data centers within the water pump sector[168]. Digital Marketing and Technology - The company's digital marketing services cover a complete service chain, including marketing strategy, media placement, and performance monitoring, positioning it among the leading firms in China's digital marketing industry[51]. - The company ranks 3rd in the 2021 annual digital marketing company rankings published by Internet Weekly[51]. - The digital marketing segment generated revenue of 1,618,746.89 million CNY, reflecting a year-on-year growth of 25.37%[72]. - The digital marketing business has shown significant results in short video and information flow sectors, strengthening the company's overall capabilities in traffic, data, media, and content[51]. - Liou Digital expanded its digital marketing services to include end-to-end solutions such as business consulting, data and traffic management, product design, and social e-commerce, aiming for a dual win in communication and performance[84]. - The company has established deep partnerships with major media platforms, achieving a total cooperation scale of over 10 billion RMB, serving top clients across various sectors including internet, finance, and e-commerce[89]. - The company is actively developing its own tools for marketing automation and efficiency, including the "Titan Engine" for automated ad placements and content customization[91]. Research and Development - The company increased its R&D investment, resulting in 84 new national patent recognitions, bringing the total to nearly 700 patents[82]. - The number of R&D personnel increased by 1.86% to 603 in 2021, accounting for 11.61% of the total workforce[129]. - The company’s R&D investment increased by 34.59% from 122,733,417.73 CNY in 2020 to 165,187,714.03 CNY in 2021, representing 0.81% of operating revenue[133]. - The company has developed a machine vision recognition software for object detection, enhancing the value extraction capabilities of short video platforms since its release in May 2021[126]. Market Trends and Risks - The market for small pumps is expected to continue growing due to increasing demand for drinking water and urbanization in the Asia-Pacific region[45]. - The global lawn mower market was valued at $31.56 billion in 2020, with a projected growth rate of 5.6% annually, expected to exceed $40 billion by 2025[46]. - The company faces market volatility risks due to its reliance on exports, which may be affected by global economic conditions and trade policies[172]. - Raw material price fluctuations pose a significant risk, as they constitute a large portion of the company's production costs[172]. - Labor shortages in the manufacturing sector may lead to increased labor costs, impacting the company's operational expansion[173]. - Changes in export tax rebate rates, which were primarily 9%, 10%, and 13% in 2021, could affect the company's sales gross margin and competitiveness[174]. Corporate Governance and Compliance - The company held one annual and two temporary shareholder meetings during the reporting period, discussing 20 proposals[191]. - The board of directors convened nine meetings, reviewing 39 proposals, ensuring compliance with legal and regulatory requirements[193]. - The company has established an internal audit system to ensure effective internal controls and financial oversight[196]. - Information disclosure practices are in place to ensure transparency and compliance with legal requirements, enhancing investor relations[197]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, and operations, ensuring autonomous business capabilities[198].