必创科技：控股股东、实际控制人代啸宁及股东新华都（上海）计划减持股份 智通财经5月6日电，必创科技(300667.SZ)公告称，公司控股股东、实际控制人代啸宁计划减持不超过 6,139,081股，占公司总股本3.00%；股东新华都（上海）计划减持不超过1,703,250股，占公司总股本 0.83%。减持期间为公告披露之日起15个交易日后的3个月内。减持原因为自身资金需求，减持方式包 括集中竞价交易或大宗交易。 ...

证券代码：002264 证券简称：新华都 公告编号：2025-042 关于参加厦门辖区上市公司 2024 年年报业绩说明会暨 投资者网上集体接待日活动的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 为进一步加强与投资者的互动交流，新华都科技股份有限公司（以下简称"公 司"）将参加由厦门证监局、厦门上市公司协会与深圳市全景网络有限公司联合 举办的"厦门辖区上市公司 2024 年年报业绩说明会暨投资者网上集体接待日活 动"，现将相关事项公告如下： 本次活动将采用网络远程的方式举行，投资者可登录"全景路演"网站 （http://rs.p5w.net），或关注微信公众号：全景财经，或下载全景路演 APP, 参与本次互动交流，活动时间为 2025 年 5 月 15 日（周四）15:40-17:00。届时 公司高管将在线就公司 2024 年度业绩、公司治理、发展战略、经营状况和股权 激励等投资者关心的问题，与投资者进行沟通与交流，欢迎广大投资者踊跃参与！ 特此公告！ 新华都科技股份有限公司 新华都科技股份有限公司 董 事 会 二○二五年五月六日 ...

Core Viewpoint - The company reported a decline in revenue and net profit for Q1 2025, primarily due to high base effects from the previous year's Spring Festival and differences in revenue recognition methods, but maintains a stable supply chain and increasing online sales penetration in the liquor sector [1][2]. Financial Performance - Q1 2025 revenue was 1.106 billion yuan, down 21.1% year-on-year; net profit attributable to shareholders was 93 million yuan, down 0.6% year-on-year; and net profit excluding non-recurring items was 84 million yuan, down 10.2% year-on-year [1]. - The combined revenue for Q4 2024 and Q1 2025 was 2.008 billion yuan, a decrease of 11.2% year-on-year, while net profit attributable to shareholders was 163 million yuan, an increase of 20.5% year-on-year [1]. - The gross margin for Q1 2025 was 22.18%, a decrease of 0.31 percentage points year-on-year, while the net profit margin was 8.42%, an increase of 1.7 percentage points year-on-year [2]. Cost Management - The company received government subsidies of 10.067 million yuan in Q1 2025, contributing to other income and enhancing profits [2]. - The operating expense ratio for Q1 2025 was 14.2%, down 0.8 percentage points year-on-year, with significant reductions in sales expenses attributed to changes in revenue recognition methods and the introduction of efficient workflows [2]. Strategic Initiatives - The company is focusing on product development and collaboration with major brands, launching new customized products during the Spring Festival, which are expected to contribute to revenue growth [2][3]. - The company is actively expanding its cross-border e-commerce business through platforms like TikTok and Lazada, with a live broadcast base in Jakarta, Indonesia, which is anticipated to drive GMV growth [3]. Market Outlook - The company is expected to benefit from the ongoing recovery in liquor demand during the Spring Festival and the upcoming year-end e-commerce promotions [3]. - Long-term growth is projected through brand expansion, resource diversification, and deepening partnerships, with revenue forecasts of 4.46 billion yuan and 5.48 billion yuan for 2025 and 2026, respectively [3].

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a Q1 2025 revenue of 1.11 billion yuan, a year-on-year decrease of 21.1%, while the net profit attributable to the parent company was 90 million yuan, a slight decrease of 0.6% year-on-year. The profit performance met market expectations, but revenue fell short due to differences in revenue recognition and accounting methods [7] - The company’s main brands in the liquor segment showed double-digit growth despite overall sales pressure, with non-standard products maintaining positive momentum. The cash collection ratio reached 139% in Q1 2025, indicating significant improvement in accounts receivable and prepayments [7] - Profitability improved due to rate optimization and the recognition of other income. The sales net profit margin increased by 1.9 percentage points to 8.6% year-on-year, driven by optimized sales expenses and contributions from other income [7] Financial Forecasts and Valuation - Revenue forecasts for 2025 to 2027 have been slightly adjusted, with net profit estimates for 2025, 2026, and 2027 at 342 million, 454 million, and 600 million yuan respectively. The current market capitalization corresponds to a P/E ratio of 13, 10, and 8 times for 2025 to 2027 [7][10] - The company is expected to benefit from its dual role as a brand service provider and distributor, allowing for closer cooperation with brand owners in the new retail wave of liquor sales [7]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1] Core Views - The company reported a Q1 2025 revenue of 1.11 billion yuan, a year-on-year decrease of 21.1%, while the net profit attributable to the parent company was 90 million yuan, a slight decrease of 0.6% year-on-year. The profit performance met market expectations, but revenue fell short due to differences in revenue recognition and accounting methods [7] - The company's main brands in the liquor segment, such as Lao Jiao and Fen Jiu, maintained double-digit growth despite challenges in online sales. The sales of non-standard products showed positive momentum, contributing to overall performance [7] - The company achieved a cash collection ratio of 139% in Q1 2025, indicating significant improvement in accounts receivable and prepayments [7] - Profitability improved due to rate optimization and the recognition of other income. The net profit margin increased by 1.9 percentage points to 8.6% year-on-year, driven by reduced sales and management expenses [7] Financial Forecasts - The total revenue forecast for 2023A is 2.824 billion yuan, with a projected growth of 30.18% in 2024A, reaching 3.676 billion yuan. By 2025E, revenue is expected to be 4.052 billion yuan, reflecting a growth rate of 10.22% [1] - The net profit attributable to the parent company is forecasted to be 200.74 million yuan in 2023A, increasing to 260.17 million yuan in 2024A, and further to 342.42 million yuan in 2025E, representing a year-on-year growth of 31.61% [1] - The earnings per share (EPS) is projected to rise from 0.28 yuan in 2023A to 0.36 yuan in 2024A, and to 0.48 yuan in 2025E [1] Valuation Metrics - The current price-to-earnings (P/E) ratio is 22.45 for 2023A, decreasing to 17.32 for 2024A, and further to 13.16 for 2025E, indicating an attractive valuation as earnings grow [1] - The projected P/E ratios for 2026E and 2027E are 9.93 and 7.51, respectively, suggesting continued value appreciation potential [1]

经与会董事认真审议，本次会议以投票表决方式表决通过了以下决议： （一）以 6 票同意、0 票反对、0 票弃权表决通过了《关于审议 2025 年第一 季度报告的议案》。 经审核，全体董事一致认为公司 2025 年第一季度报告的内容真实、准确、 完整，不存在任何虚假记载、误导性陈述或者重大遗漏。 2025 年第一季度财务会计报告及 2025 年第一季度报告中的财务信息已经公 司董事会审计委员会审议通过并取得了明确同意的意见，提交公司董事会审议。 证券代码：002264 证券简称：新华都 公告编号：2025-040 新华都科技股份有限公司 第六届董事会第二十一次（临时）会议决议公告 | 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。 | 新华都科技股份有限公司（以下简称"公司"）第六届董事会第二十一次（临 时）会议于 2025 年 4 月 28 日 10:00 在福州市鼓楼区五四路 162 号新华都大厦 北楼 7 层以现场加通讯表决方式召开，会议通知已于 2025 年 4 月 23 日以书面 及电子邮件等方式送达。本次会议应出席董事 6 人， ...

Revenue and Profit - Revenue for Q1 2025 was CNY 1,106,258,552.76, a decrease of 21.07% compared to CNY 1,401,564,065.16 in the same period last year[5] - Net profit attributable to shareholders was CNY 93,096,090.29, down 0.64% from CNY 93,691,153.13 year-on-year[5] - Total operating revenue decreased to ¥1,106,258,552.76 from ¥1,401,564,065.16, representing a decline of approximately 21% year-over-year[21] - Net profit for the period was ¥94,979,150.21, slightly up from ¥93,948,917.56, indicating a marginal increase of about 1% year-over-year[22] - The total comprehensive income attributable to the parent company was CNY 93,062,744.04, a slight decrease from CNY 93,691,146.01 in the previous period, reflecting a change of -0.67%[23] Cash Flow and Liquidity - Net cash flow from operating activities increased by 442.22% to CNY 804,363,624.30, compared to CNY 148,346,739.53 in the previous year[5] - The company reported a cash balance of ¥1,930,067,875.00 as of March 31, 2025, compared to ¥1,068,550,680.02 at the beginning of the period, indicating a significant increase in liquidity[18] - Cash and cash equivalents increased by 80.62% compared to the beginning of the year, primarily due to increased cash collections from sales[12] - The cash inflow from operating activities totaled CNY 1,974,459,628.65, compared to CNY 1,859,726,470.81 in the previous period, marking an increase of 6.15%[24] - The cash outflow from operating activities decreased to CNY 1,170,096,004.35 from CNY 1,711,379,731.28, a reduction of 31.59%[24] - Cash and cash equivalents at the end of the period reached CNY 972,924,259.57, up from CNY 360,613,053.00, indicating an increase of 169.64%[24] - The net cash flow from financing activities was -CNY 3,737,163.73, compared to -CNY 56,241,068.63 in the previous period, showing an improvement of 93.36%[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,681,037,556.83, reflecting a 2.65% increase from CNY 3,585,872,492.38 at the end of the previous year[5] - Total liabilities decreased slightly to ¥1,710,909,481.85 from ¥1,716,412,079.51, a decrease of about 0.3%[20] - The company's equity attributable to shareholders increased by 5.31% to CNY 1,958,888,493.12 from CNY 1,860,103,890.93[5] - The company has a total of 3,403,580,716.26 in current assets as of March 31, 2025, compared to 3,303,971,599.60 at the beginning of the period, showing a growth in total current assets[18] Accounts Receivable and Inventory - Accounts receivable decreased by 43.88% compared to the beginning of the year, attributed to improved cash collection from sales[12] - Accounts receivable decreased to ¥408,809,273.39 from ¥728,498,399.78, reflecting a reduction of approximately 44%[18] - Inventory levels decreased to ¥630,375,905.46 from ¥812,713,535.14, representing a decline of about 22%[18] Shareholder Information and Corporate Governance - The top ten shareholders include Xinhua Group with 126,607,339 shares and Chen Fashu with 58,778,367 shares, indicating concentrated ownership[14] - The company has not disclosed any significant changes in the participation of major shareholders in margin trading activities[14] - The company has identified related party relationships among its major shareholders, which may influence future corporate governance decisions[14] Research and Development - Research and development expenses were ¥2,353,903.24, down from ¥2,724,581.86, a decrease of about 13.6% year-over-year[21] Future Plans and Strategies - The company plans to focus on market expansion and new product development as part of its future strategy[21] - The company has adjusted the implementation method and location of its "integrated brand marketing service project," aiming to reduce investment risks without affecting project progress[15] - The company plans to write down bad debt provisions totaling ¥4,511.19 million, which will impact the net profit for the fiscal year 2024 by ¥51,044,100.00[16] Other Financial Metrics - The weighted average return on equity decreased to 4.87% from 5.65% in the previous year[5] - The company reported a credit impairment loss of ¥17,305,644.15, compared to ¥447,136.35 in the previous period, indicating a significant increase in credit risk[22] - The basic and diluted earnings per share remained stable at CNY 0.13, unchanged from the previous period[23]

新华都（002264）公告，2025年第一季度营收为11.06亿元，同比下降21.07%；净利润为9309.61万元， 同比下降0.64%。 ...

证券代码：002264 证券简称：新华都 公告编号：2025-038 新华都科技股份有限公司 2024 年年度股东会决议公告 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。 特别提示： 1、本次股东会无否决提案的情形。 2、本次股东会未涉及变更以往股东会已通过的决议。 3、本次股东会采取现场表决和网络投票相结合的方式进行。 一、会议召开和出席情况 （2）现场会议地点：福建省福州市鼓楼区五四路 162 号新华都大厦北楼 7 层； （3）会议召开方式：采用现场表决和网络投票相结合的方式； （4）会议召集人：公司董事会； （5）会议主持人：公司董事长倪国涛先生； 1、会议召开情况 （1）会议的召开日期、时间 现场会议时间：2025 年 4 月 25 日（星期五）14:30； 网络投票时间：2025 年 4 月 25 日； 其中，通过深圳证券交易所交易系统进行网络投票的具体时间为 2025 年 4 月 25 日上午 9:15-9:25、9:30-11:30，下午 13:00-15:00；通过深圳证券交易所 互联网投票系统投票的具体时间为 2025 年 4 月 25 日 ...

公司本次回购注销部分限制性股票将涉及注册资本减少，根据《中华人民共 和国公司法》和《公司章程》等相关法律、法规的规定，公司特此通知债权人， 债权人自接到公司通知起 30 日内、未接到通知者自本公告披露之日起 45 日内， 均有权凭有效债权文件及相关凭证要求公司清偿债务或者提供相应担保。债权人 未在规定期限内行使上述权利的，本次回购注销将按法定程序继续实施。公司债 权人如要求公司清偿债务或提供相应担保，应根据《中华人民共和国公司法》等 相关法律法规的规定，向公司提出书面要求并随附相关证明文件。 特此公告！ 新华都科技股份有限公司 董 事 会 关于回购注销限制性股票的减资公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 新华都科技股份有限公司（以下简称"公司"）分别于 2025 年 1 月 22 日召 开第六届董事会第十七次（临时）会议和第六届监事会第十五次（临时）会议和 2025 年 4 月 25 日召开 2024 年年度股东会审议通过了《关于回购注销部分限制性 股票的议案》。根据《上市公司股权激励管理办法》以及公司"领航员计划（二 期）"股权激励计划的相关 ...