证券代码：002485 证券简称：希努尔 编号：2014-002 希努尔男装股份有限公司投资者关系活动记录表 | --- | --- | --- | |-------------------------|------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Group 1: Marketing Strategy - The company continues to strengthen the transformation and integration of marketing channels, promoting a "product + order + customization" marketing model to achieve low inventory, low risk, and high returns at marketing terminals [2] - Implementation of store grading management and opening of Xi Nuo Er men's clothing art galleries in select A-class business districts to optimize terminal image [2] - Accelerating the construction of discount stores and organizing special sales events to effectively promote inventory turnover and maintain channel health [2] Group 2: Financial Performance - In the first half of the year, the company's revenue was CNY 350,912,463.78, a decrease of 30.68% year-on-year, while the total profit was CNY 36,011,458.21, an increase of 415.02% year-on-year [6] - The net profit attributable to shareholders was CNY 27,274,258.86, an increase of 421.94% year-on-year [6] - The gross profit margin for domestic sales was 32.67%, down 10.47% from the previous year, while for international sales, it was 7.09%, down 1.94% [4] Group 3: Future Plans and Challenges - The company plans to continue its growth strategy by combining internal growth with external expansion, seeking new profit growth points through mergers and acquisitions [3] - The restructuring project with Xinghe Huitong was terminated due to disagreements on future development strategies and uncertainties in the market environment [5] Group 4: Inventory and Sales - The company's inventory situation has improved compared to the same period last year [4] - The company primarily focuses on domestic sales while actively expanding overseas, establishing good relationships with quality clients in Europe and the United States [6] Group 5: Ownership and Control - The actual controller of the company is Mr. Wang Guibo, and the controlling shareholder, Xinlang Xinuo Group, is primarily engaged in the manufacturing of clothing and furniture [7]

证券代码：002485 证券简称：希努尔 希努尔男装股份有限公司投资者关系活动记录表 编号：2020-001 | --- | --- | --- | |------------|----------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------| | | 特定对象调研 | □ 分析师会议 | | 投资者关系 | □ 媒体采访 | □ 业绩说明会 | | 活动类别 | □ 新闻发布会 | □ 路演活动 | | | □ 现场参观 | | | | □ 其他 （ ） | | | 参与单位名 | | | | 称及人员姓 | 北京匀丰资产管理有限公司 张小青 | | | 名 | | | | | | | | 时间 | 2020 年 11 月 26 日 | 15:00-16:00 | | | | | | 地点 ...

证券代码：002485 证券简称：希努尔 希努尔男装股份有限公司投资者关系活动记录表 编号：2021-001 | --- | --- | --- | |-------------------------|-----------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：002485 证券简称：*ST 雪发 雪松发展股份有限公司投资者关系活动记录表 编号：2022-002 | --- | --- | --- | |--------------------------|--------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：002485 证券简称：*ST 雪发 公告编号：2022-082 雪松发展股份有限公司 关于参加山东辖区上市公司 2022 年度投资者 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。 为进一步加强与投资者尤其是中小投资者的沟通交流，进一步提升公司投资 者关系管理水平，保护投资者利益，雪松发展股份有限公司（以下简称"公司"） 将参加"山东辖区上市公司2022年度投资者网上集体接待日活动"。现将有关事项 公告如下： 本次投资者网上集体接待日活动将通过深圳市全景网络有限公司提供的网 上平台采取网络远程的方式举行，投资者可登录全景网"投资者关系互动平台" （http://ir.p5w.net）参与本次活动，互动交流时间为2022年11月16日（星期三）下 午14:00-16:00。 出席本次投资者网上集体接待日活动的公司人员有：董事会秘书梁月明女士 和财务总监倪振凤女士，欢迎广大投资者积极参与。 特此公告。 雪松发展股份有限公司董事会 2022 年 11 月 15 日 ...

Financial Performance - The company's operating revenue for the first half of 2022 was approximately ¥1.45 billion, representing a 50.72% increase compared to ¥959 million in the same period last year[23]. - The net profit attributable to shareholders was a loss of approximately ¥6.03 million, which is a 71.04% increase in loss compared to a loss of ¥3.53 million in the previous year[23]. - The net cash flow from operating activities improved significantly to approximately ¥60.74 million, compared to a negative cash flow of ¥24.91 million in the same period last year, marking a 343.79% increase[23]. - The total assets at the end of the reporting period were approximately ¥3.32 billion, reflecting a 3.73% increase from ¥3.20 billion at the end of the previous year[23]. - The basic earnings per share were reported at -¥0.0111, a decrease of 70.77% compared to -¥0.0065 in the same period last year[23]. - The company reported a total profit of 28,343,536.38 CNY after tax impacts and minority interests[28]. - The company reported a net profit attributable to shareholders of negative value for the year 2021, with operating revenue below 100 million RMB, leading to a "delisting risk warning" for its stock starting May 6, 2022[119]. Cash Flow and Investments - The company's net increase in cash and cash equivalents was ¥8,626,671.63, a 126.56% improvement from a decrease of ¥32,480,379.56 in the previous year[46]. - The company reported a substantial increase in investment cash flow, which rose by 1,325.52% to ¥32,583,921.96, primarily due to cash recovered from the disposal of shops[46]. - The cash flow from investment activities generated a net inflow of ¥32,583,921.96 in the first half of 2022, compared to a net inflow of ¥2,285,756.47 in the same period of 2021[156]. - The company incurred a total operating cost of ¥57,876,800.00 in the first half of 2022, compared to ¥85,740,433.03 in the same period of 2021, representing a decrease of approximately 32%[152]. Business Segments and Operations - The company’s main business segments include cultural tourism, supply chain management, and apparel sales, with a focus on diversified development and professional operations[31]. - The cultural tourism business showed a steady recovery, with Yunnan province receiving 3.59 billion visitors in the first half of 2022, a 3.2% increase year-on-year[36]. - The company’s supply chain management and comprehensive services business maintained steady growth, focusing on core customers and providing integrated solutions[33]. - The company’s steel and coal business segments have seen steady growth through personalized solutions for core clients[39]. - The company has established a new aluminum products division, aiming to create a full industry chain business model by collaborating with upstream and downstream partners[40]. Risks and Challenges - The company faces risks including major pandemics, natural disasters, economic cycles, commodity price fluctuations, and market competition[4]. - Economic cycle risks may impact consumer demand and, consequently, the company's operational performance due to complex domestic and international conditions[69]. - Fluctuations in commodity prices significantly affect the company's profitability, prompting the company to conduct market research and adjust marketing strategies accordingly[70]. - The company is experiencing intensified market competition and aims to leverage its strengths to enhance core competitiveness and increase market share[71]. Corporate Governance and Compliance - The company has implemented strict risk control measures and improved internal governance to enhance operational management capabilities[38]. - The company emphasizes corporate social responsibility, integrating it into its development strategy and ensuring compliance with legal regulations[82]. - The half-year financial report has not been audited, and the company acknowledges the audit opinion from its accounting firm[88]. - The company has not faced any environmental penalties and is not classified as a key pollutant discharge unit[81]. Shareholder and Equity Information - The company’s controlling shareholder, Xuesong Cultural Investment, holds 382,468,426 shares, accounting for 70.30% of the total share capital, with 372,662,016 shares pledged and 377,557,496 shares judicially frozen[94]. - The company has not made any significant changes to its accounting policies regarding derivatives compared to the previous reporting period[61]. - The company held four shareholder meetings during the reporting period, with participation rates of 69.48%, 69.45%, 69.62%, and 74.90% respectively[74][75][76][77]. - The company did not distribute cash dividends, issue bonus shares, or convert capital reserves into share capital for the half-year period[76]. Future Outlook and Strategic Initiatives - The company provided an optimistic outlook, projecting a revenue growth of 10% for the next quarter, driven by new product launches and market expansion strategies[161]. - The company plans to expand its market presence in Asia, targeting a 30% increase in market share within the next year[161]. - A strategic acquisition was announced, which is expected to contribute an additional $200 million in annual revenue starting next fiscal year[161]. - The company is exploring partnerships with local firms to enhance distribution channels, aiming for a 20% increase in sales through these collaborations[161].

Financial Performance - The company's operating revenue for Q1 2022 was ¥324,057,764.09, representing a 28.53% increase compared to ¥252,128,909.88 in the same period last year[3] - The net profit attributable to shareholders was a loss of ¥2,330,706.36, an improvement of 53.99% from a loss of ¥5,065,487.54 in the previous year[3] - The net profit for the reporting period showed a 73.60% increase, attributed to growth in supply chain business[6] - The company reported a total operating revenue of ¥324,057,764.09 for the first quarter of 2022, an increase of approximately 28.6% compared to ¥252,128,909.88 in the same period last year[21] - The total revenue for Q1 2022 was 1,065,519,987.94 CNY, a significant increase from 253,787,884.12 CNY in the same period last year, representing a growth of approximately 319%[25] - The net profit for Q1 2022 was -1,702,238.90 CNY, an improvement compared to -6,448,405.75 CNY in Q1 2021, indicating a reduction in losses by about 74.8%[23] - Operating profit for Q1 2022 was -3,866,834.86 CNY, which is a 47.4% improvement from -7,339,007.53 CNY in the previous year[23] - The company reported a total comprehensive loss of -1,702,238.90 CNY for Q1 2022, compared to -6,448,405.75 CNY in Q1 2021, reflecting a significant reduction in overall losses[23] Cash Flow and Assets - The net cash flow from operating activities increased by 195.76%, reaching ¥78,854,808.88, compared to a negative cash flow of ¥82,348,917.01 in the same period last year[3] - The company's total assets at the end of the reporting period were ¥3,357,935,683.14, a 4.85% increase from ¥3,202,464,834.22 at the end of the previous year[3] - The company's current assets decreased to ¥1,089,295,181.02 from ¥1,178,061,422.46, representing a decline of about 7.56%[18] - The company's total liabilities increased to ¥1,607,903,133.66 from ¥1,448,436,819.04, marking an increase of approximately 11%[20] - The company’s cash and cash equivalents decreased significantly from ¥58,953,449.77 to ¥23,657,063.07, a decline of about 59.9%[18] - The total cash and cash equivalents at the end of Q1 2022 were 21,866,830.74 CNY, down from 42,887,616.38 CNY at the end of Q1 2021[26] Inventory and Borrowings - The company's inventory increased by 155.54%, indicating growth in supply chain business[6] - The company’s inventory increased to ¥80,863,930.71 from ¥31,644,370.61, showing a substantial rise of approximately 155.7%[19] - The company's short-term borrowings decreased by 62.05%, primarily due to repayment of bank loans[6] - The company's short-term borrowings decreased significantly from ¥101,436,083.38 to ¥38,495,989.74, a reduction of approximately 62%[19] Shareholder and Corporate Governance - The company has received financial support from its controlling shareholder, Guangzhou Xuesong Cultural Tourism Investment Co., Ltd., with a total amount not exceeding RMB 1 billion, available for a period of 36 months from May 1, 2022, to April 30, 2025[14] - As of March 31, 2022, the balance of financial support received from the controlling shareholder was RMB 22.55 million[14] - The company has a total of 12,240 common shareholders at the end of the reporting period[9] - The top 10 shareholders hold a significant portion of shares, with Guangzhou Xuesong Cultural Tourism Investment Co., Ltd. holding 63.62%[9] - The company has undergone changes in its board of directors, with the election of a new chairman and independent directors[11] Business Operations and Strategy - The company plans to continue leasing or selling up to 19 shops/properties with a total book value not exceeding RMB 640 million, at market or appraised prices[15] - During the reporting period, the company has leased out 18 shops, generating revenue of RMB 2.33 million[15] - The company has engaged in discussions regarding the potential for mergers and acquisitions to expand its market presence[12] - The company has approved a futures hedging business with a maximum guarantee amount of RMB 75 million, including RMB 30 million for steel product futures[13] Expenses and Financial Management - The company experienced a 52.69% reduction in selling expenses, reflecting decreased marketing costs[6] - The company incurred financial expenses of 7,638,882.43 CNY in Q1 2022, a decrease from 10,060,823.85 CNY in the same period last year[23] - Research and development expenses for Q1 2022 were 339,158.07 CNY, slightly down from 390,977.67 CNY in the same period last year[23] Auditor and Compliance - The company has changed its external auditor to Zhongxi Accounting Firm, with a total audit fee of RMB 1.5 million for the 2021 fiscal year[10]

Financial Performance - The company's operating revenue for 2021 was ¥2,016,017,199.71, representing a 32.15% increase compared to ¥1,525,581,290.30 in 2020[19] - The net profit attributable to shareholders was -¥442,951,816.30, a significant decline of 2,124.83% from -¥19,909,491.84 in the previous year[19] - The basic earnings per share for 2021 was -¥0.8142, a decline of 2,124.59% from -¥0.0366 in 2020[19] - The weighted average return on net assets was -22.61%, a decrease of 21.70% compared to -0.91% in the previous year[19] - The company reported a significant loss in non-recurring gains and losses, totaling CNY -403.94 million for the year, primarily due to fair value changes in investment properties[26] - The company's net profit attributable to shareholders decreased by 1,260.21% year-on-year, significantly impacted by a reduction in fair value gains from investment properties due to ongoing pandemic effects[61] - The fair value of investment properties decreased by 413,762,351.06, accounting for 88.17% of total profit loss, primarily due to the decline in property values[63] Cash Flow and Assets - The net cash flow from operating activities improved to ¥107,206,983.32, a 172.60% increase from -¥147,671,509.44 in 2020[19] - The total assets at the end of 2021 were ¥3,202,464,834.22, down 5.08% from ¥3,373,890,257.70 at the end of 2020[19] - The net cash flow from operating activities increased by 172.60% year-on-year, primarily due to improved collection efforts[61] - The net cash flow from investing activities decreased by 129.84% year-on-year, mainly due to increased investment in town projects[61] - The net cash flow from financing activities decreased by 48.01% year-on-year, attributed to increased loan repayments and interest payments[61] - Cash and cash equivalents decreased by 28,549,932.42, showing a 69.47% improvement compared to the previous year's decrease[61] Revenue Segmentation - The company reported a significant increase in revenue from new trade and other business activities, with a total of ¥1,962,802,857.93 in 2021[20] - Supply chain business revenue surged to ¥1,866,712,884.37, accounting for 92.60% of total revenue, with a remarkable year-on-year growth of 264.54% from ¥512,067,461.47[45] - The tourism segment generated ¥53,214,341.78, which is a significant decline of 60.60% compared to ¥135,046,268.71 in the previous year, indicating challenges in this area[45] Strategic Initiatives and Developments - The company plans not to distribute cash dividends or issue bonus shares[5] - The company aims to strengthen its operational capabilities in the cultural tourism sector while adapting to market changes amid the ongoing pandemic[36] - The company expanded its supply chain management services, focusing on coal, coke, oil, and steel, enhancing its operational scale and efficiency[33] - The company developed the "Cedar Smart Chain" platform in collaboration with the Chinese Academy of Sciences, achieving five software copyrights in supply chain technology[35] - The company has diversified its marketing strategies, integrating online and offline experiences, which has attracted a younger demographic, with Douyin platform views for Dajian Huaxiang reaching 65 million[38] Governance and Compliance - The company has established a comprehensive governance structure, including 28 internal regulations and systems to ensure compliance with legal and regulatory requirements[88] - The board of directors consists of 9 members, including 3 independent directors, meeting the requirement of over one-third independence[92] - The company has implemented a robust investor relations management system to ensure transparent communication with shareholders[95] - The company has established various committees under the board, including an audit committee and a remuneration and assessment committee, to enhance governance[92] - The company has committed to timely and accurate information disclosure, enhancing transparency and protecting shareholder rights[95] Risks and Challenges - The company acknowledges risks related to major pandemics, natural disasters, and market competition, urging investors to be cautious[4] - Economic cycle fluctuations and macroeconomic changes may affect consumer demand and, consequently, the company's performance[82] - The company faces risks from commodity price volatility, which could significantly impact its profitability[83] - Increased market competition necessitates the company to leverage its strengths and enhance its core competitiveness[84] Employee and Talent Management - The total number of employees at the end of the reporting period was 155, with 129 from major subsidiaries and 26 from the parent company[125] - The employee composition includes 83 sales personnel, 35 finance personnel, 14 administrative personnel, and 2 technical personnel[125] - The company emphasizes the cultivation and enhancement of comprehensive and high-end talents, maintaining a competitive salary structure[127] - Training plans are developed annually to align with the company's strategic development needs, focusing on various skill enhancement areas[128] Shareholder and Equity Structure - The total number of shares is 544,000,000, with 100% being unrestricted shares[189] - The largest shareholder, Guangzhou Xuesong Cultural Tourism Investment Co., holds 63.62% of the shares, totaling 346,103,845 shares[191] - The company has not issued any new shares or conducted any share buybacks during the reporting period[192] - The shareholder structure shows a total of 11,159 shareholders at the end of the reporting period[191] Future Outlook - The company plans to focus on steady business development in 2022, emphasizing risk control and cost management to enhance profitability[79] - Future outlook includes strategic initiatives aimed at market expansion and potential mergers and acquisitions, although specific targets were not mentioned[105] - The company provided guidance for the next fiscal year, projecting a revenue growth of 10% to 1.32 billion yuan[113]

Financial Performance - Revenue for Q3 2021 reached ¥749,230,450.67, an increase of 104.89% compared to the same period last year[3] - Net profit attributable to shareholders was -¥2,059,407.94, a decrease of 172.17% year-on-year[3] - Total operating revenue for the third quarter of 2021 reached CNY 1,708,323,465.78, a significant increase from CNY 1,036,843,826.21 in the same period last year, representing a growth of approximately 64.8%[24] - The company reported a net loss of CNY 7,815,429.36 for the third quarter of 2021, an improvement from a net loss of CNY 63,476,254.52 in the same quarter of 2020[25] - Total comprehensive income attributable to the parent company was -¥5,586,068.43, compared to -¥53,247,929.92 in the previous period, indicating a reduction in losses[26] - The company recorded a total comprehensive loss of -¥7,815,429.36 for the period, compared to -¥63,476,254.52 in the previous year, showing a significant reduction in losses[26] Cash Flow and Assets - Operating cash flow for the year-to-date period was ¥57,895,916.20, reflecting a growth of 127.57%[3] - The net cash flow from operating activities increased by 127.57%, driven by improved collections in supply chain and cultural tourism businesses[9] - The cash inflow from financing activities was ¥486,445,816.67, down from ¥1,375,845,100.00 in the previous year, reflecting a decrease of approximately 64%[29] - The total cash outflow from operating activities was ¥1,801,562,131.20, compared to ¥1,675,705,238.43 in the previous year, indicating an increase in operational expenses[29] - The company's cash and cash equivalents increased to CNY 94,746,536.76 from CNY 93,152,621.29, showing a slight growth of 1.7%[21] - The cash and cash equivalents at the end of the period amounted to ¥88,304,891.32, up from ¥34,193,016.25 at the end of the previous period[29] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥3,533,396,229.07, up 4.73% from the end of the previous year[3] - Current liabilities totaled CNY 1,028,113,682.78 as of September 30, 2021, compared to CNY 794,419,845.88 at the end of 2020, marking an increase of about 29.4%[22] - The company’s total liabilities reached CNY 1,314,907,289.59, an increase from CNY 1,108,870,403.17, representing a growth of approximately 18.6%[22] - The company has a long-term payable of approximately CNY 83.42 million[33] - Deferred income was reported at CNY 198.17 million[33] Shareholder Information - The total number of common shareholders at the end of the reporting period is 11,227[11] - Guangzhou Xuesong Cultural Tourism Investment Co., Ltd. holds 63.62% of shares, totaling 346,103,845 shares[11] - The top 10 shareholders include both institutional and individual investors, with varying percentages of ownership[11] Business Operations - Inventory increased by 103.88% compared to the beginning of the year, primarily due to growth in supply chain business[8] - Revenue from supply chain business significantly contributed to a 64.76% increase in total revenue year-on-year[9] - Research and development expenses increased, indicating a focus on new product and technology development[9] - The company has confirmed rental income of 7.0975 million RMB from 19 shops during the reporting period[15] - The company plans to continue leasing or selling up to 19 shops with a total book value not exceeding 640 million RMB[15] Corporate Changes - The company changed its name from Sinoer Men's Wear Co., Ltd. to Cedar Development Co., Ltd. on August 5, 2021[13] - The company has appointed Zeng Lingtai as the new vice president following the resignation of Liu Hongjuan[18] - The company has retained Zhongxinghua Accounting Firm for the 2021 annual external audit[16] - The company has not disclosed any other significant relationships among the top 10 shareholders[12] - The company’s stock code remains unchanged at 002485 after the name change[13] Audit and Reporting - The report was released by the board of directors on October 29, 2021[35] - The company has not undergone an audit for the third quarter report[34]