Financial Performance - The company's operating revenue for Q1 2023 was approximately ¥3.38 billion, a decrease of 2.23% compared to ¥3.46 billion in the same period last year[5]. - Net profit attributable to shareholders decreased by 25.39% to approximately ¥208.17 million from ¥279.03 million year-on-year[5]. - The net profit for Q1 2023 was approximately ¥207.95 million, a decrease of 25.56% compared to ¥279.37 million in Q1 2022[24]. - Total operating revenue for Q1 2023 was CNY 3,384,217,567.56, a decrease of 2.24% compared to CNY 3,461,278,884.43 in Q1 2022[45]. - Total comprehensive income for the first quarter was approximately CNY 207.91 million, a decrease of 25.5% compared to CNY 279.32 million in the previous year[47]. - Basic and diluted earnings per share were both CNY 0.1781, down from CNY 0.2387 in the same period last year, reflecting a decline of 25.3%[47]. Cash Flow and Assets - The net cash flow from operating activities improved significantly, reaching approximately ¥173.97 million, compared to a negative cash flow of ¥258.99 million in the same period last year, marking a 167.17% increase[5]. - Cash inflow from operating activities totaled CNY 5.49 billion, slightly up from CNY 5.35 billion year-over-year[48]. - Cash outflow from operating activities was CNY 5.31 billion, down from CNY 5.61 billion in the previous year, indicating better cost management[49]. - Net cash flow from investing activities was CNY 236.33 million, compared to CNY 103.74 million in the previous year, showing an increase of 127.7%[49]. - Cash and cash equivalents at the end of the period stood at CNY 4.55 billion, up from CNY 3.61 billion at the end of the previous year[49]. - The company's total assets decreased to CNY 29,009,786,455.47 in Q1 2023 from CNY 30,443,933,661.28 in Q1 2022, representing a reduction of 4.73%[44]. Equity and Liabilities - The company's equity attributable to shareholders increased by 5.15% to approximately ¥4.25 billion from ¥4.04 billion at the end of the previous year[5]. - Total liabilities decreased to CNY 24,752,031,546.27 in Q1 2023 from CNY 26,394,086,359.53 in Q1 2022, a decline of 6.21%[44]. - The asset-liability ratio improved slightly to 85.32% from 85.93% year-on-year[26]. Business Operations - The retail business revenue for Q1 2023 was approximately ¥3.29 billion, a slight decrease of 1.51% year-on-year[14]. - The gross margin for the retail business was 35.44%, reflecting a minor increase of 0.50% compared to the previous year[14]. - The company's sales in Q1 2023 increased by 7.4% year-on-year, with online sales growing by 19.9%[19]. - The strategic core product group sales grew by 3.6%, with major products like alcohol and health supplements seeing a sales increase of 42.9%[21]. - The company opened 21 new stores in Q1 2023, resulting in a sales increase of 2,025.51% for these new locations[31]. Regional Performance - In the South China region, the total revenue for supermarkets decreased by 2.62% to CNY 150,026,000, while the total revenue for hypermarkets increased by 2.04% to CNY 59,536,000[36]. - In the Central China region, total revenue increased by 3.16% to CNY 72,458,000, with a profit growth of 25.83%[36]. - The total revenue for the East China region decreased by 4.39% to CNY 16,125,000, despite a significant profit increase of 130.41%[36]. - The Beijing region reported a total revenue increase of 2.27% to CNY 5,962,000, with a profit growth of 35.40%[36]. Shareholder Information - The company had a total of 42,707 common shareholders at the end of the reporting period[39]. - The largest shareholder, AVIC International Holdings, holds 44.56% of the shares, totaling 520,885,500 shares[39]. - The company completed the non-trading transfer of 1,617,582 shares as part of its stock repurchase plan[40]. - Five Dragon Trading Limited plans to reduce its holdings by up to 46,753,910 shares, representing 4% of the total share capital[41]. Future Plans and Strategies - The company is focusing on "recovery, efficiency, and transformation" to seize new development opportunities in the recovering Chinese economy and consumer market[18]. - The company plans to adjust and upgrade several key shopping centers and department stores in 2023 to enhance customer experience[19]. - The company has signed 14 new projects with a total area of approximately 742,400 square meters, indicating ongoing expansion efforts[29]. Inventory and Expenses - The average inventory turnover days for self-operated products decreased to 28.80 days from 31.54 days year-on-year[27]. - Research and development expenses for Q1 2023 were CNY 20,024,526.32, down from CNY 23,110,753.62 in Q1 2022, reflecting a decrease of 13.1%[45]. - The company's financial expenses for Q1 2023 were CNY 51,438,049.37, a decrease of 20% compared to CNY 64,278,051.09 in Q1 2022[46]. - The company reported a decrease in accounts payable to CNY 1,845,772,947.50 in Q1 2023 from CNY 2,357,151,283.34 in Q1 2022, a reduction of 21.6%[43]. Audit Status - The first quarter report was not audited, indicating that the figures are preliminary and subject to change[50].

Group 1: Financial Performance - In 2022, the company achieved sales of over 33.5 billion yuan, with operating income of 12.125 billion yuan and a net profit attributable to shareholders of 120 million yuan [3] - The company provided rent reductions of 130 million yuan to eligible merchants to help them overcome difficulties during the pandemic [3] - The online sales and digital service revenue for 2022 reached approximately 5.7 billion yuan, representing an 11.7% increase [3] Group 2: Strategic Initiatives - The company is focusing on three strategic development areas: digitalization, supply chain, and experiential retail [3] - In 2023, the company plans to continue solidifying its business foundation and develop a second growth curve [3] - The company is actively enhancing its core product groups to seize development opportunities [3] Group 3: Market Adaptation - The company has been integrating online and offline sales channels to improve customer experience and drive consumption [3] - The company has identified new consumer trends and upgraded its app platform to include various thematic sections, resulting in a 35% increase in app traffic [3] - The company is exploring new business models and enhancing its supply chain capabilities to meet changing consumer demands [12] Group 4: Corporate Governance and Investor Relations - The company has established a comprehensive incentive mechanism for its management team, including stock options and profit-sharing plans [4] - The company is committed to maintaining transparent communication with investors and ensuring compliance with relevant regulations [4] - The company has implemented measures to manage related party transactions and protect the interests of minority shareholders [4] Group 5: Challenges and Future Outlook - The company faced significant challenges due to the pandemic, with over 1,000 days of store closures impacting foot traffic and sales [3] - The company is optimistic about recovering from the pandemic's impact and aims to improve its performance in 2023 [10] - The company is cautious about its expansion strategy, focusing on enhancing existing operations rather than aggressive new openings [10]

证券代码：002419 证券简称：天虹股份 公告编号：2023-016 天虹数科商业股份有限公司 关于举行 2022 年度网上业绩说明会并征集相关问题的公告 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。 天虹数科商业股份有限公司(以下简称"公司"）已于2023年3月18日在巨潮 资讯网（http://www.cninfo.com.cn）披露了《公司2022年年度报告》。为便于 广大投资者进一步了解公司情况，公司定于2023年4月3日（星期一）下午15:00 -17:00在全景网举办2022年度网上业绩说明会。本次说明会将采用网络远程的方 式举行，投资者可登陆全景网"投资者关系互动平台"（http://ir.p5w.net）" 参与本次说明会。 出席本次说明会的人员有：董事长高书林先生、董事总经理肖章林先生、独 立董事傅曦林先生、副总经理兼总会计师陈卓先生、董事会秘书商亮先生。 为充分尊重投资者、提升交流的针对性，现就公司2022年度业绩说明会提前 向投资者公开征集问题，广泛听取投资者的意见和建议。欢迎广大投资者于2023 年3月29日（星期三）15:00前将 ...

Group 1: Business Model and Operations - The company operates two main business models: platform-based (department stores and shopping centers) and vertical (supermarkets) [1] - As of December 31, 2022, the company owned 10 self-owned properties with a total area of 610,000 square meters, accounting for approximately 13% of total property area [1] - The company established a strategic goods and KA market department in 2022 to develop strategic goods and expand institutional customer group purchasing [1] Group 2: Financial Performance and Policies - The company has implemented an active cash dividend policy, proposing a cash dividend of 0.5 yuan (including tax) per 10 shares for 2022, which represents 48.7% of the net profit attributable to ordinary shareholders [2] - The revenue structure of supermarkets and department stores changed due to accounting policy changes and the impact of the pandemic, with supermarket revenue increasing [2] Group 3: Customer Engagement and Market Trends - There has been a noticeable recovery in customer traffic at shopping centers, with positive trends observed [2] - The company's contract liabilities primarily arise from prepaid card sales, customer receivables, and franchisee transactions [1]

Financial Performance - The company's operating revenue for 2022 was ¥12,125,028,715.23, a decrease of 1.17% compared to ¥12,268,244,701.18 in 2021[19] - The net profit attributable to shareholders for 2022 was ¥120,092,433.49, down 48.26% from ¥232,111,135.45 in 2021[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥188,464,712.70, a decline of 113.26% compared to -¥88,371,392.61 in 2021[19] - The net cash flow from operating activities was ¥2,403,781,668.20, a decrease of 12.08% from ¥2,734,048,215.96 in 2021[19] - Basic earnings per share for 2022 were ¥0.1027, down 47.28% from ¥0.1948 in 2021[19] - The total assets at the end of 2022 were ¥30,443,933,661.28, a decrease of 5.18% from ¥32,106,892,623.59 at the end of 2021[19] - The net assets attributable to shareholders at the end of 2022 were ¥4,042,903,790.91, down 1.62% from ¥4,109,345,200.91 at the end of 2021[19] - The company's weighted average return on equity for 2022 was 2.97%, a decrease of 2.53 percentage points from 5.50% in 2021[19] Revenue Breakdown - The company achieved a sales revenue of over 33.5 billion yuan in 2022, a year-on-year decrease of 3.57%, and a net profit attributable to shareholders of 120 million yuan, down 48.26% year-on-year[39] - Retail revenue accounted for 96.39% of total revenue, amounting to approximately ¥11.69 billion, down 1.05% from ¥11.81 billion in 2021[78] - Fresh food revenue increased by 6.83% to approximately ¥3.36 billion, representing 27.73% of total revenue[78] - The company reported a total revenue of 3,248,437, a decrease of 2.24% year-on-year, while total operating income was 1,187,355, an increase of 1.35% year-on-year[63] Digital Transformation and Innovation - The company achieved a digitalization process with 84.6% of operations being digitized, enhancing operational efficiency and customer engagement[71] - The company launched a personalized recommendation system, improving customer experience and engagement[71] - The company has developed a digital asset management system and intelligent labor platform to reduce operational costs and improve efficiency for retail partners[34] - The company launched several digital upgrades, including supermarket and department store digitalization systems, aimed at enhancing operational efficiency and customer engagement[95][96] Store Operations and Network - The company operated a total of 221 stores across 35 cities, with 102 department stores and 119 supermarkets, covering an area of over 4.66 million square meters[52] - The company opened 3 new shopping centers and 2 independent supermarkets during the reporting period, while closing 16 supermarkets to optimize its store network[44] - The company opened 3 new department stores and 6 supermarkets during the reporting period, while closing 3 department stores and 16 supermarkets[57] - The total number of stores as of December 31, 2022, included 102 department stores with a total area of 411.14 thousand square meters and 119 supermarkets with a total area of 55.35 thousand square meters[54] Customer Engagement and Membership - The total number of digital members exceeded 42 million, with monthly active members on the app and mini-program reaching over 4.9 million, and the company engaged over 10 million people through its SCRM system, achieving a 12% increase in wake-up rate and a 37% increase in conversion rate[41] - The company is committed to enhancing customer service capabilities by leveraging over 30 years of experience and utilizing digital technology for personalized service[36] Challenges and Risks - The company faced significant challenges due to the pandemic, with over 1,000 days of store closures impacting customer traffic and sales[37] - The company has indicated potential risks in its future development outlook, which investors should be aware of[4] - The company faces macroeconomic risks, including inflation and demand contraction, and plans to strengthen market analysis and digital capabilities to mitigate these risks[134] Governance and Management - The company has established a governance structure that includes a board of directors, supervisory board, and various specialized committees to ensure effective decision-making and oversight[141] - The company has implemented comprehensive internal control systems covering management, financial operations, information disclosure, and risk control[146] - The company maintains complete independence from its controlling shareholders in terms of business operations, personnel, assets, and finances[151] - The company actively engages with investors through various communication channels, enhancing investor relations management[149] Future Outlook and Strategic Plans - The company anticipates a recovery in the domestic economy and consumption industry, driven by policies aimed at promoting consumption and easing travel restrictions[119] - The company plans to solidify its business foundation, develop a second growth curve, and seize new structural growth opportunities through enhanced customer experience and data-driven operations[120] - The company aims to optimize its business model and improve operational efficiency by enhancing online and offline integration and expanding third-party channels[123] - The company is focused on accelerating digital transformation, including the establishment of a digital operation system and improving product and marketing digitalization[124] Employee Management and Training - The total number of employees at the end of the reporting period was 15,086, with 6,150 in the parent company and 8,936 in major subsidiaries[190] - The company implemented a training program that included 164 new courses and 55 live sessions, reaching over 40,000 participants throughout the year[192] - The company launched a "New Youth Class" program to cultivate 41 high-potential young leaders, focusing on commercial insight and team leadership[192] Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥0.5 per 10 shares, totaling approximately ¥58,424,387.50 based on the total share capital of 1,168,847,750 shares[4] - The total distributable profit for the company is 1,165,355,145.44 yuan, with the cash dividend accounting for 100% of the profit distribution[196]

Group 1: Investor Relations Activity - The investor relations activity was conducted on February 9, 2023, at 10:00 AM in the company meeting room [1] - Participants included representatives from Haitong Securities, Li Hongke and Gao Yu [1] - The main focus of the investors was to understand the progress of the purchase and supermarket business, as well as store opening situations [1] Group 2: Compliance and Regulations - The company adhered strictly to relevant regulations during the reception, ensuring no undisclosed significant information was leaked [1] - A commitment letter was signed in accordance with the requirements of the Shenzhen Stock Exchange [1]

Group 1: Investor Relations Activity - The investor relations activity was conducted on January 13, 2023, at 10:30 AM in the company meeting room [1] - Participants included representatives from Qulanhu Investment and Huachuang Securities [1] - The main focus of the meeting was to inform investors about the progress and expansion plans of the grocery and supermarket business [1] Group 2: Compliance and Regulations - The company adhered strictly to relevant regulations during the reception, ensuring no undisclosed significant information was leaked [1] - A commitment letter was signed in accordance with the requirements of the Shenzhen Stock Exchange [1]