证券代码：002381 证券简称：双箭股份 债券代码：127054 债券简称：双箭转债 浙江双箭橡胶股份有限公司投资者关系活动记录表 | --- | --- | --- | |------------------------|----------------------------------------|----------------------------| | | | 编号：2023-002 | | | □特定对象调研 □分析师会议 | | | | □媒体采访 | | | 投资者关系活动 | □新闻发布会 □路演活动 | | | 类别 | □现场参观 | | | | □其他： | | | 参与单位名称及人员姓名 | 通过微信小程序参加公司 | 年度业绩网上说明会的投资者 | | 时间 2023 | 年 5 月 8 | | | 地点 | "双箭股份投资者关系"微信小程序 | | | | 董事长：沈耿亮 | | | | 副董事长、总经理：沈会民 | | | 上市公司接待人员姓名 | 副总经理、董事会秘书、财务总监：张梁铨 | | | | 独立董事：凌忠良 | | | | 保荐代表人：卢旭东 | | | | ...

Financial Performance - The company's revenue for Q1 2023 was ¥518,557,098.08, representing a 7.91% increase compared to ¥480,555,212.38 in the same period last year[5] - Net profit attributable to shareholders increased by 67.30% to ¥54,342,644.63 from ¥32,481,466.34 year-on-year[5] - The net profit after deducting non-recurring gains and losses rose by 68.62% to ¥50,852,645.59 compared to ¥30,158,159.04 in the previous year[5] - Basic and diluted earnings per share increased by 62.50% to ¥0.13 from ¥0.08 year-on-year[5] - Operating profit for Q1 2023 was ¥64,642,414.85, up 54.4% from ¥41,843,268.24 in the same period last year[29] - The company reported a total comprehensive income of ¥54,548,759.94 for Q1 2023, compared to ¥32,301,205.16 in the same period last year[30] Cash Flow - The company's cash flow from operating activities decreased significantly by 80.31% to ¥15,201,033.17 from ¥77,212,751.26 in the same period last year[5] - The net cash flow from operating activities for Q1 2023 was ¥15,201,033.17, a significant decrease of 80.3% compared to ¥77,212,751.26 in Q1 2022[33] - Total cash inflow from operating activities was ¥443,346,784.28, while cash outflow was ¥428,145,751.11, resulting in a net cash inflow of ¥15,201,033.17[33] - The net cash flow from investing activities was -¥58,075,147.40, compared to -¥18,780,852.60 in the same period last year, indicating increased investment expenditures[34] - Cash inflow from financing activities was ¥16,720,000.00, a sharp decline from ¥521,003,600.00 in Q1 2022, reflecting reduced borrowing[34] - The net cash flow from financing activities was -¥18,248,821.15, contrasting with a positive net cash flow of ¥508,482,649.89 in the previous year[34] - The ending balance of cash and cash equivalents was ¥810,167,776.35, down from ¥1,052,867,830.38 at the end of Q1 2022[34] Assets and Liabilities - The total assets at the end of the reporting period were ¥3,572,134,284.72, a 1.70% increase from ¥3,512,581,227.69 at the end of the previous year[5] - The company’s total liabilities decreased by 38.10% in short-term borrowings, reflecting a reduction in debt levels[10] - The total liabilities as of Q1 2023 amounted to ¥1,544,012,051.02, slightly up from ¥1,539,010,658.68 in Q1 2022[27] - The company's total equity increased to ¥2,028,122,233.70 in Q1 2023, compared to ¥1,973,570,569.01 in the previous year[27] Shareholder Information - The company reported a total of 25,164 common shareholders at the end of the reporting period[23] - The top shareholder, Shen Gengliang, holds 20.92% of the shares, amounting to 86,110,293 shares, with 23,000,000 shares pledged[23] - The company has a total of 10 major shareholders, with the top three holding a combined 31.51% of the shares[23] Research and Development - Research and development expenses increased by 41.86% compared to the same period last year, indicating a focus on innovation[11] - Research and development expenses for Q1 2023 were ¥16,090,411.42, a significant increase of 41.5% from ¥11,342,505.94 in Q1 2022[29] Operational Costs - The total operating costs for Q1 2023 were ¥465,174,734.86, an increase of 4.4% compared to ¥445,367,640.59 in Q1 2022[29] - Cash received from sales of goods and services in Q1 2023 was ¥396,893,241.61, a decrease from ¥423,932,133.35 in Q1 2022[32] - The total cash outflow for operating activities increased to ¥428,145,751.11 from ¥368,532,774.95 year-over-year, indicating higher operational costs[33] - The company paid ¥63,200,111.19 to employees, a slight decrease from ¥66,190,989.64 in Q1 2022[33] - The company reported a cash inflow of ¥31,969,926.82 from other operating activities, significantly higher than ¥9,420,422.14 in the previous year[33]

Financial Performance - The company's operating revenue for 2022 was approximately CNY 2.34 billion, representing a year-on-year increase of 21.86% compared to CNY 1.92 billion in 2021[19]. - The net profit attributable to shareholders decreased by 23.64% to CNY 113.64 million in 2022 from CNY 148.83 million in 2021[19]. - The net profit after deducting non-recurring gains and losses increased by 4.45% to CNY 120.52 million in 2022[19]. - The basic earnings per share for 2022 was CNY 0.28, down 22.22% from CNY 0.36 in 2021[19]. - Total assets at the end of 2022 reached CNY 3.51 billion, a 25.33% increase from CNY 2.80 billion at the end of 2021[19]. - The company's cash flow from operating activities increased by 11.60% to CNY 166.04 million in 2022[19]. - The weighted average return on net assets decreased to 5.87% in 2022 from 7.96% in 2021[19]. - The company reported a total net assets of approximately CNY 1.96 billion at the end of 2022, a 2.87% increase from CNY 1.91 billion at the end of 2021[19]. - The total operating revenue reached CNY 2,335,129,299.63, representing a year-on-year growth of 21.86%, while the net profit attributable to shareholders decreased by 23.64% to CNY 113,644,100[50]. - Domestic sales accounted for 80.13% of total revenue, with a year-on-year increase of 18.29%, while international sales grew by 38.75% to account for 19.87% of total revenue[50]. Production and Sales - The company produced 72.34 million square meters of conveyor belts in 2022, an increase of 10.79% year-on-year, and sold 73.54 million square meters, up 16.24% year-on-year[49]. - The company has established a production capacity of 75 million square meters per year for conveyor belts, with a utilization rate of 96.46%[44]. - The company is currently constructing an environmentally friendly conveyor belt project with a planned annual production capacity of 60 million square meters[44]. - The average selling price of conveyor belts remained stable during the reporting period, despite fluctuations in market conditions[52]. Research and Development - The company has obtained a total of 120 patents in the field of rubber conveyor belts as of December 31, 2022, enhancing its product innovation capabilities[43]. - Research and development expenses increased by 29.47% to ¥76,217,455.73 compared to the previous year[60]. - The company completed several R&D projects aimed at enhancing product performance and market competitiveness, including high-strength anti-tear conveyor belts and environmentally friendly flame-retardant materials[61]. - The company is focusing on expanding its product offerings to meet customer demands for high-speed and high-capacity material transport solutions[61]. - The company plans to enhance its R&D investment to accelerate the development of new products and maintain its industry leadership[97]. Market Strategy - The company plans to gradually expand production capacity to increase domestic market share, while also aiming to improve its international market presence[34]. - The company aims to establish direct sales relationships with foreign mining enterprises to enhance its international market share[34]. - The company is focusing on low-carbon design and manufacturing, enhancing its core competitiveness through product innovation and market expansion[49]. - The company plans to enhance its market share by expanding both domestic and international markets, ensuring the release of existing production capacity[94]. Risk Management - The company highlighted potential risks and countermeasures in its future development outlook section[4]. - The company faced challenges such as high raw material costs and intensified market competition, impacting profit margins despite stable demand from downstream industries[32]. - The company has implemented measures to control procurement costs by locking in prices and increasing raw material procurement channels[49]. - The company faces exchange rate risks as its export sales are primarily settled in USD, which may impact profitability; it plans to monitor international financial market trends closely[100]. Corporate Governance - The company has established a comprehensive governance structure to protect the rights of shareholders, especially minority shareholders[162]. - The board of directors consists of nine members, including three independent directors, ensuring compliance with legal and regulatory requirements[105]. - The company has established an internal audit system to enhance daily operational control and ensure compliance with relevant regulations[106]. - The company maintains independence in business, personnel, assets, and finance from its controlling shareholder, with no competition in the same industry[108]. Environmental Responsibility - The company strictly adheres to environmental protection regulations and has not faced any administrative penalties during the reporting period[158]. - The company has implemented advanced low-nitrogen combustion technology in its natural gas boiler, meeting stringent emission standards for SO2 and NOx[159]. - The company has installed a distributed photovoltaic solar power generation system with a total installed capacity of 2.93 MWp, generating an annual output of 3.6 million kWh[161]. - The company has achieved a significant reduction in carbon emissions through various energy-saving measures and the use of renewable energy sources[158]. Employee Welfare - The company has established a performance-based salary system linked to KPI indicators for employee compensation[143]. - The company plans to enhance employee training programs covering various skills and management areas[144]. - The company focuses on employee welfare, providing competitive salaries and benefits, and organizing training and recreational activities[163]. - The total number of employees at the end of the reporting period was 2,080, with 829 in the parent company and 1,251 in major subsidiaries[142]. Shareholder Returns - The company plans to distribute a cash dividend of CNY 2.00 per 10 shares, totaling approximately RMB 82.31 million, based on the current total share capital of 411,574,346 shares[147]. - The company maintained a cash dividend payout ratio of 100% of the total profit distribution[146]. - The company has a legal reserve of RMB 10,916,316.31, which is 10% of the parent company's net profit[146]. Future Outlook - The company plans to increase its production capacity to over 150 million square meters by the end of the 14th Five-Year Plan, focusing on the main business of conveyor belts[92]. - The company will implement a multi-brand strategy to strengthen its market position, with a focus on high-value-added products[94]. - The company is committed to integrating ESG management into its governance and operations to enhance sustainable development capabilities[92].

| 证券代码：002381 | 证券简称：双箭股份 | 公告编号：2023-028 | | --- | --- | --- | | 债券代码：127054 | 债券简称：双箭转债 | | 浙江双箭橡胶股份有限公司 关于举办 2022 年度业绩网上说明会的公告 投资者依据提示，授权登入"双箭股份投资者关系"小程序，即可参与交流。 出席本次业绩说明会的人员：公司董事长沈耿亮先生，副董事长兼总经理沈 会民先生，独立董事凌忠良先生，副总经理、财务总监、董事会秘书张梁铨先生， 保荐代表人卢旭东先生。（如有特殊情况，参与人员会有调整） 敬请广大投资者积极参与。 特此公告。 浙江双箭橡胶股份有限公司 董 事 会 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。 浙江双箭橡胶股份有限公司（以下简称"公司"）已于 2023 年 4 月 19 日在 巨潮资讯网（http://www.cninfo.com.cn/）上披露了《2022 年年度报告》。为 便于广大投资者进一步了解公司 2022 年度经营情况，公司定于 2023 年 5 月 8 日（星期一）下午 15:00-17:00 在 ...

Group 1: Impact of Rubber Price Increase - The increase in rubber prices will raise operational costs for the company, prompting a gradual adjustment in product structure to enhance the proportion of high-value-added products and improve overall gross margin [2][3] Group 2: Pricing Strategy - The company does not have a fixed pricing adjustment cycle; prices will fluctuate based on the changes in raw material costs, with conveyor belt product prices remaining relatively stable [3] Group 3: Economic Conditions and Demand - The current economic downturn has slowed the speed of new construction projects, leading to a decrease in new demand for conveyor belts; however, the existing demand remains stable due to the need for regular replacements [3] Group 4: Acquisition of Beijing Youji Company - Beijing Youji Company has maintained a stable operation, with net profits consistently around 2,500,000 yuan in recent years; the acquisition and capital increase are expected to foster better development for all parties involved [3] Group 5: Elderly Care Service Project - The elderly care center has officially opened with a planned capacity of 500 beds; the service focuses on mid-to-high-end offerings, with current revenue sources including bed fees, meal fees, and nursing fees [4] - The profitability of the elderly care service is currently limited due to its small scale, with potential for profit as the scale increases [4] - The company plans to first establish the elderly care service project in Tongxiang before considering expansion to larger cities to enhance brand influence [4]

Group 1: Company Overview - The main business of Zhejiang Shuangjian Rubber Co., Ltd. is the production and sales of rubber conveyor belts, which are the second largest industry in rubber products after tires [3] - Conveyor belts are widely used in industries such as steel, cement, coal, ports, and power plants, and have a stable market demand due to their consumable nature [3] Group 2: Financial Performance - The sales volume of conveyor belt business has maintained stable growth, but the company's revenue has decreased due to a reduction in product prices alongside falling raw material costs [4] - The company raised funds of 476 million CNY through a private placement of 77.5 million shares, with 336 million CNY allocated for acquiring a 58% stake in Beijing Yoki and 140 million CNY for working capital [4] Group 3: Market Potential - The market demand for conveyor belts is limited, but the overall material handling system has a market space exceeding 100 billion CNY, and the acquisition opens up development opportunities for the company [4] Group 4: Elderly Care Business - The elderly care service industry is currently popular, and the company is cautiously exploring this sector, using Tongxiang Heji Nursing Home as an experimental center for private elderly care service models [4] - The company estimates that achieving a 70% occupancy rate at Heji Nursing Home will lead to a break-even point [5] Group 5: Expansion and Strategy - The company is considering expansion based on the development of Heji Nursing Home, with no policy barriers for establishing nursing homes in other locations [6] - The management team is leveraging guidance from Shanghai Hongri to ensure standardized operations and training in elderly care [6] Group 6: Cost Structure and Challenges - The cost structure of the nursing home includes initial property purchase and renovation, with ongoing costs primarily related to labor [5] - The nursing home faces competition from lower-cost government-run facilities, but emphasizes the quality of service as its competitive advantage [6]

Group 1: Business Performance - The company has not seen revenue growth for three consecutive years, primarily due to declining product prices in the rubber conveyor belt industry [3] - The industry has experienced rapid capacity expansion, leading to intensified competition and a trend of low bidding strategies [3] - The company maintains a stable growth in conveyor belt production despite revenue stagnation [3] Group 2: Strategic Responses - The company is enhancing communication with customers to emphasize product quality and performance advantages [3] - A new marketing model is being adopted, shifting from solely producing conveyor belts to offering complete conveyor systems [4] - The company remains optimistic about future demand in the conveyor belt industry, particularly due to the integration of coal and electricity [4] Group 3: Elderly Care Business - The elderly care industry is viewed as a blue ocean market, with the company planning to open a pilot elderly service center soon [4] - Future expansion of elderly services will focus on major cities to enhance brand influence [4] - Initial investments in elderly service centers may not yield profits in the short term due to high upfront costs [5] Group 4: Profit Growth Points - The company plans to adopt a light asset approach for the expansion of elderly services to create favorable conditions for profitability [5] - Home-based elderly care is identified as another potential profit growth point [5]

Group 1: Company Overview - The main business of Zhejiang Shuangjian Rubber Co., Ltd. is the production and sales of rubber conveyor belts, which are the second largest segment in the rubber products industry after tires [3] - Conveyor belts are essential for material transportation in various industries, including steel, cement, coal, ports, and power plants [3] - The company is a leading player in the niche market, with stable revenue growth in recent years [3] Group 2: Market and Business Expansion - The market for rubber conveyor belts is limited, prompting the company to plan for a capital increase to expand into conveyor systems [3][4] - The company aims to integrate conveyor belts and systems to enhance synergy within the material transportation sector [4] Group 3: Elderly Care Business - The company is exploring the elderly care service sector, which is gaining popularity but lacks a mature profit model in China [4] - The current elderly care facility, Tongxiang Heji Nursing Home, operates under a public-private partnership model, focusing on both light and heavy asset management [4][5] - The facility has approximately 70 residents, and achieving a 70% occupancy rate is necessary for breakeven [5] Group 4: Future Plans and Industry Insights - The elderly care business is still in its developmental phase and currently contributes a small percentage to the company's revenue [7] - The company recognizes the potential of the elderly care industry, which is becoming a national strategic focus, and anticipates a shift in public perception towards accepting nursing homes [7][8] - The company believes that adopting a corporate structure for elderly care facilities can attract private capital and accelerate development [8]