证券代码：002264 证券简称：新华都 公告编号：2025-033 新华都科技股份有限公司（以下简称"公司"）于 2025 年 2 月 26 日披露了 《关于股东减持股份预披露公告》（公告编号：2025-014）。公司财务总监张石 保先生计划自股份减持计划预披露公告披露之日起 15 个交易日后的 3 个月内， 以集中竞价方式减持本公司股份不超过 33,700 股（占公司剔除回购专用账户中 股份数量后股本的 0.005%）。具体内容请详见巨潮资讯网站（www.cninfo.com.cn） 刊登的公告。 近日，公司收到张石保先生出具的《关于减持股份实施情况的告知函》，现 将有关情况公告如下： 一、股东减持情况 新华都科技股份有限公司 关于高级管理人员减持股份实施情况的公告 公司财务总监张石保先生保证向本公司提供的信息内容真实、准确、完整，没 有虚假记载、误导性陈述或重大遗漏。 本公司及董事会全体成员保证公告内容与信息披露义务人提供的信息一致。 1、股东减持股份情况 二、其他相关说明 | 股东名称 减持方式 减持期间 | 减持均价 | 减持股数 | 占公司剔除回 购专用账户中 | 股份来源 | 减持价格 区间 | ...

证券代码：002264 证券简称：新华都 公告编号：2025-036 新华都科技股份有限公司 关于公司 2024 年年度股东会增加临时提案的公告 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。 新华都科技股份有限公司（以下简称"公司"）于 2025 年 3 月 29 日在巨潮资 讯网（www.cninfo.com.cn）上披露了《关于召开 2024 年年度股东会的通知》（公 告编号：2025-032），定于 2025 年 4 月 25 日（星期五）下午 14:30 召开 2024 年 年度股东会。 经公司第六届董事会第二十次（临时）会议审议通过，决定增加临时提案《关 于选举公司第六届非独立董事候选人的议案》提交 2024 年年度股东会审议。本次 股东会的股权登记日、召开时间、召开方式以及其他事项不变，具体情况如下： 一、增加临时提案的说明 公司于 2025 年 4 月 3 日收到股东新华都实业集团股份有限公司《关于提请新 华都科技股份有限公司 2024 年年度股东会增加临时提案的函》。新华都实业集团 股份有限公司持有公司股份 126,607,339 股，占公司 ...

Group 1: Company Overview - The company's main business model is based on data research for internet marketing services, including omnichannel e-commerce sales, product development, and digital marketing services [1] - The company has a significant presence in industries such as liquor, beverages, daily chemicals, and maternal and infant products, with nearly 4,000 square meters of live streaming bases and 45 live streaming rooms in key e-commerce cities [1] - The company is actively expanding its overseas market presence through platforms like TikTok, Lazada, Tokopedia, and Shopee [1] Group 2: Partnerships and Collaborations - The company collaborates with leading brands in the liquor industry, including Luzhou Laojiao, Shanxi Fenjiu, and Wuliangye, and has established deep strategic partnerships with major domestic e-commerce platforms like JD.com, Tmall, Douyin, and Pinduoduo [2] - Other industry partners include Yunnan Baiyao, Kimberly-Clark, and Yili, showcasing a diverse portfolio of collaborations [2] Group 3: Financial Performance - In 2024, the company achieved a GMV of 8.2 billion yuan, a year-on-year increase of 7% [3] - The operating revenue reached 3.676 billion yuan, reflecting a growth of 30.18% compared to the previous year [3] - The net profit attributable to shareholders was 260 million yuan, marking a 29.61% increase year-on-year [3] Group 4: Business Strategies - The company aims to leverage the ongoing domestic consumption growth by enhancing product marketing and deepening collaborations with leading brands [3] - It plans to explore new channels and business models while focusing on technology integration, particularly in AI-driven e-commerce marketing [3] - The company has successfully launched strategic products, achieving significant sales, and is actively engaging in event marketing to boost brand visibility [3] Group 5: Future Outlook and Risks - The company acknowledges the uncertainties in actual operating conditions due to various internal and external factors, urging investors to be aware of investment risks [4]

Core Insights - The company reported significant revenue growth and profit release in 2024, with total revenue, net profit attributable to shareholders, and net profit excluding non-recurring items reaching 3.676 billion, 260 million, and 235 million yuan respectively, all showing year-on-year increases of 30% and 17% [2] - The company is expanding its product offerings and exploring new sales channels, particularly in the e-commerce sector, which is expected to drive future growth [3] - The company has a robust online sales service system that meets the current demands of the liquor industry, with a positive earnings forecast for 2025-2027 [4] Financial Performance - In 2024, the company's total revenue and net profit for Q4 were 901 million and 70 million yuan respectively, with year-on-year growth of 5% and 68% [2] - The gross margin and net margin for 2024 were 25% and 7%, showing slight declines compared to the previous year, while Q4 margins improved slightly [2] - Operating cash flow was negative at -235 million yuan for the year, despite a 19% increase in sales collection [2] Product and Channel Development - Internet sales and services generated 362.9 million and 4.7 million yuan in 2024, with internet sales growing by 32.1% [3] - The company is collaborating with well-known brands to develop new products, including limited edition offerings, which are expected to enhance growth [3] - The company is establishing a strong presence in live-streaming e-commerce, with nearly 4,000 square meters of space dedicated to live-streaming bases in key cities [3] Earnings Forecast - The company is projected to have earnings per share (EPS) of 0.48, 0.60, and 0.74 yuan for 2025-2027, with corresponding price-to-earnings (PE) ratios of 13, 10, and 8 times [4]

Investment Rating - The report maintains a "Buy" investment rating for the company [1][8]. Core Insights - The company has demonstrated significant revenue growth and profit elasticity, with total revenue and net profit for 2024 reaching 3.676 billion and 260 million yuan, respectively, reflecting year-on-year increases of 30% [5]. - The company is actively expanding its product offerings and exploring new sales channels, particularly in the e-commerce sector, which is expected to drive future growth [6]. - The earnings forecast for 2025-2027 indicates a steady increase in earnings per share (EPS), projected at 0.48, 0.60, and 0.74 yuan, respectively, with corresponding price-to-earnings (PE) ratios of 13, 10, and 8 times [8][10]. Summary by Sections Financial Performance - In 2024, the company's total revenue, net profit, and net profit excluding non-recurring items were 3.676 billion, 260 million, and 235 million yuan, respectively, with year-on-year growth rates of 30% for revenue and net profit [5]. - The fourth quarter of 2024 saw total revenue of 901 million yuan, with net profit increasing by 68% year-on-year [5]. - The gross margin and net margin for 2024 were 25% and 7%, respectively, showing slight declines compared to the previous year [5]. Product Development and Sales Channels - The company is focusing on developing new products in collaboration with well-known brands, which is expected to enhance growth [6]. - Internet sales and services generated revenues of 362.9 million and 4.7 million yuan in 2024, with internet sales growing by 32.1% year-on-year [6]. Earnings Forecast - The company is projected to achieve a revenue growth rate of 30.2% in 2024, with net profit growth of 29.6% [10]. - The forecast for 2025-2027 indicates continued growth in both revenue and net profit, with expected figures of 4.55 billion and 343 million yuan in 2025 [10].

Investment Rating - The report maintains a "Buy" investment rating for the company [1][8] Core Insights - The company has demonstrated significant revenue growth and profit elasticity, with total revenue and net profit for 2024 reaching 3.676 billion and 260 million yuan respectively, both showing a year-on-year increase of 30% [5] - The company is expanding its product offerings and exploring new sales channels, particularly in the e-commerce sector, which is expected to drive future growth [6] - The earnings per share (EPS) forecast for 2025-2027 is projected to be 0.48, 0.60, and 0.74 yuan, respectively, indicating a strong growth trajectory [8] Summary by Sections Financial Performance - In 2024, total revenue, net profit, and net profit excluding non-recurring items were 3.676 billion, 260 million, and 235 million yuan, respectively, with year-on-year growth rates of 30%, 30%, and 17% [5] - The fourth quarter of 2024 saw total revenue, net profit, and net profit excluding non-recurring items of 901 million, 70 million, and 45 million yuan, with year-on-year growth rates of 5%, 68%, and 7.06% [5] - The company maintained a gross margin of 25% and a net margin of 7% for 2024, with slight variations in the fourth quarter [5] Product Development and Sales Channels - Internet sales and services generated revenues of 362.9 million and 4.7 million yuan in 2024, reflecting year-on-year growth of 32.1% and a decline of 38.35% respectively [6] - The company is collaborating with brand partners to develop new products, including limited editions and strategic flagship products, which are expected to enhance sales [6] Earnings Forecast - The company is expected to achieve a revenue growth rate of 30.2% in 2024, with projections of 4.55 billion, 5.59 billion, and 6.76 billion yuan for 2025, 2026, and 2027 respectively [10] - The net profit is forecasted to grow at rates of 29.6%, 31.8%, 26.6%, and 23.4% for the same years, with corresponding net profits of 343 million, 434 million, and 536 million yuan [10]

Core Insights - The company reported a revenue of 3.676 billion yuan for 2024, representing a year-on-year increase of 30.2% [1] - The net profit attributable to shareholders reached 260 million yuan, up 29.6% year-on-year, while the net profit excluding non-recurring items was 235 million yuan, reflecting a 16.9% increase [1] Group 1: Sales Performance - The company experienced strong sales during peak seasons such as the New Year Festival and Double Eleven, with stable growth in its core business [2] - For 2024, internet sales and internet service revenues were 3.629 billion yuan and 474 million yuan, respectively, showing a year-on-year increase of 32.1% and a decrease of 38.4% [2] - The total Gross Merchandise Volume (GMV) for the year was 8.2 billion yuan, a 7% increase year-on-year [2] Group 2: Profitability Analysis - The overall gross margin for 2024 was 24.9%, a decrease of 0.5 percentage points year-on-year, while Q4 gross margin improved to 28.1%, a 2.8 percentage point increase quarter-on-quarter [3] - The company achieved a net profit margin of 7.7% in Q4, up 2.9 percentage points year-on-year, and maintained a net profit margin of 7.1% for the entire year [3] - The total expense ratio for 2024 was 16.0%, down 1.3 percentage points year-on-year, with significant improvements in sales expense ratio in Q4 [3] Group 3: Future Outlook - The company is expected to deepen relationships with major manufacturers, which may lead to the gradual release of incremental business opportunities [4] - The company plans to expand its overseas market presence through platforms like TikTok and Shopee, with a live streaming base in Jakarta, Indonesia [4] - Revenue projections for 2025 and 2026 are estimated at 4.53 billion yuan and 5.58 billion yuan, respectively, with net profits of 340 million yuan and 440 million yuan [4]

Core Insights - Xinhua Du achieved significant growth in both revenue and net profit for 2024, with revenue reaching 3.676 billion yuan, a year-on-year increase of 30.18%, and net profit attributable to shareholders at 260 million yuan, up 29.61% [1] Group 1: Business Performance - The company expanded its advantage in the liquor sector, with online penetration accelerating, and during the "618" shopping festival, the GMV for leading liquor brands exceeded a growth rate of 50% [1] - The company reported that during the "Double 11" shopping festival, the total GMV for its partnered brands surpassed 1 billion yuan for the first time [1] - Xinhua Du opened new live streaming channels for brands like Luzhou Laojiao, achieving a total GMV of over 120 million yuan through platforms such as Douyin, Kuaishou, and WeChat [1] Group 2: Strategic Initiatives - Following the divestiture of its retail business in April 2022, the company focused on internet marketing through its wholly-owned subsidiary, Jiu Ai Zhi He, establishing deep strategic partnerships with major e-commerce platforms [2] - The company is actively expanding its cross-border e-commerce business through platforms like TikTok and Lazada, targeting overseas markets [2] - Xinhua Du has developed a comprehensive logistics system with 14 warehousing centers across major regions, capable of handling over 60,000 orders per day [2] Group 3: Future Outlook - The company plans to continue enhancing its internet marketing business, focusing on data-driven performance marketing and product development [3] - Xinhua Du aims to deepen its strategic brand partnerships while leveraging its e-commerce operational experience and supply chain capabilities to identify new growth opportunities [3] - The company intends to utilize its integrated data service platform and talent accumulation to enter new markets through industry and capital cooperation, brand incubation, and upstream-downstream integration [3]