Financial Performance - The company's revenue for Q1 2023 was ¥2,437,361,482.97, a decrease of 22.70% compared to ¥3,153,175,689.84 in the same period last year[5] - Net profit attributable to shareholders increased by 195.81% to ¥405,732,310.02 from ¥137,158,944.88 year-on-year[5] - Basic and diluted earnings per share increased by 216.67% to ¥0.19 from ¥0.06 in the same period last year[5] - Total operating revenue for Q1 2023 was CNY 2,437,361,482.97, a decrease of 22.6% compared to CNY 3,153,175,689.84 in the same period last year[17] - Net profit for Q1 2023 reached CNY 404,617,932.95, representing a significant increase of 200.5% compared to CNY 134,512,878.42 in Q1 2022[18] - Total comprehensive income attributable to the parent company was CNY 624,220,795.12, an increase of 92,386,766.22 compared to the previous year[19] Cash Flow - The net cash flow from operating activities rose by 62.43% to ¥1,191,720,023.95 compared to ¥733,673,743.03 in the previous year[5] - Net cash flow from operating activities was CNY 1,191,720,023.95, an increase of 62.5% from CNY 733,673,743.03 in Q1 2022[20] - The company's total cash inflow from operating activities was CNY 2,601,135,085.77, down from CNY 3,204,703,661.46 in Q1 2022[20] - Net cash flow from investing activities decreased by 95.21% to approximately CNY -68.36 million, primarily due to increased cash payments for fixed asset purchases[9] - Net cash flow from financing activities increased by 236.19% to approximately CNY 528.20 million, mainly due to an increase in cash received from bank loans[9] - Net cash flow from investing activities was -CNY 68,355,838.43, worsening from -CNY 35,016,715.22 in the previous year[21] - Net cash flow from financing activities was CNY 528,203,117.64, a significant improvement from -CNY 387,836,556.73 in Q1 2022[21] Assets and Liabilities - Total assets at the end of the reporting period were ¥9,270,350,235.80, an increase of 11.05% from ¥8,348,028,144.53 at the end of the previous year[5] - Current assets totaled CNY 6,753,300,171.51, up from CNY 6,002,568,361.48, marking an increase of 12.5%[15] - The company's cash and cash equivalents rose to CNY 3,090,912,441.14, compared to CNY 1,497,293,061.17 at the start of the year, a growth of 106.5%[15] - The total liabilities of the company amounted to CNY 5,081,467,992.42, up from CNY 4,785,676,676.76, indicating a rise of 6.2%[15] Equity and Investments - The company's total equity attributable to shareholders increased by 17.66% to ¥4,159,576,252.08 from ¥3,535,355,456.96 at the end of the previous year[5] - The equity attributable to shareholders of the parent company increased to CNY 4,159,576,252.08 from CNY 3,535,355,456.96, reflecting a growth of 17.6%[15] - The company reported a significant increase in investment income of 242.81%, reaching ¥17,975,966.93 compared to ¥5,243,713.13 in the previous year[8] - The company reported a significant increase in investment income to CNY 17,975,966.93 from CNY 5,243,713.13 year-on-year[18] Operational Changes - The company transferred 30% equity of its subsidiary Shandong Yongxu Outdoor Products Co., Ltd. for CNY 4.995 million to six employees during the reporting period[12] - The company established a wholly-owned subsidiary, Shandong Yongqiang Outdoor Products Co., Ltd., in Jining, Shandong Province during the reporting period[12] - The company set up a branch in Shanghai during the reporting period[12] Shareholder Information - Zhejiang Yongqiang Industrial Co., Ltd. holds 37.91% of the company's shares, with 248 million shares pledged[10] - The total number of ordinary shareholders at the end of the reporting period was 94,509[10]

Financial Performance - The company's operating revenue for 2022 was CNY 8,219,110,647.49, representing a 0.84% increase compared to CNY 8,150,809,678.56 in 2021[16]. - Net profit attributable to shareholders for 2022 was CNY 216,829,318.02, a significant increase of 73.21% from CNY 125,182,002.36 in 2021[16]. - The net profit after deducting non-recurring gains and losses was CNY 280,520,661.59, up 40.62% from CNY 199,491,872.78 in 2021[16]. - The net cash flow from operating activities improved to CNY 236,315,012.70, a 234.50% increase from a negative CNY 175,693,549.81 in 2021[16]. - Basic and diluted earnings per share for 2022 were both CNY 0.10, reflecting a 66.67% increase from CNY 0.06 in 2021[16]. - Total assets at the end of 2022 were CNY 8,348,028,144.53, a decrease of 11.78% from CNY 9,462,400,401.77 at the end of 2021[16]. - The weighted average return on net assets was 6.16%, an increase of 2.71% compared to 3.45% in 2021[16]. - The company achieved a total revenue of 8.22 billion yuan in 2022, representing a year-on-year increase of 0.84%[34]. - The gross profit from main business reached 1.41 billion yuan, an increase of 271 million yuan year-on-year, with a gross profit margin of 17.30%, up 3.11% year-on-year[34]. - The net profit attributable to shareholders was 217 million yuan, a year-on-year increase of 73.21%, while the net profit excluding non-recurring gains and losses was 281 million yuan, up 40.62% year-on-year[35]. Risk Management - The company is exposed to various risks including exchange rate risk, business model risk, and market competition risk, which investors should be aware of[2]. - The company has a comprehensive risk management strategy to mitigate potential operational risks[2]. - The company aims to mitigate exchange rate fluctuations through forward foreign exchange contracts, maintaining stable profit levels[75]. - The company has implemented risk control measures for forward foreign exchange transactions, including strict internal control protocols[77]. - The company emphasizes the importance of managing accounts receivable to prevent overdue payments, which could lead to losses from forward foreign exchange contracts[77]. Corporate Governance - The company has established a complete and independent procurement, production, and sales system, ensuring operational independence from the controlling shareholder[101]. - The company maintains a fully independent financial accounting department and internal audit department, ensuring financial decision-making autonomy[102]. - The company has a clear ownership structure, ensuring complete control over its assets without any interference from the controlling shareholder[102]. - The governance structure of the company complies with the relevant regulatory requirements set by the China Securities Regulatory Commission[100]. - The company has appointed several independent directors to strengthen governance and oversight[113]. - The company has maintained a stable leadership team with no resignations or dismissals reported during the period[105]. Shareholder Information - The company reported a profit distribution plan, proposing a cash dividend of 0.2 CNY per 10 shares based on a total of 2,169,016,313 shares[3]. - The cash dividend distribution accounted for 100% of the total profit distribution amount, reflecting a commitment to shareholder returns[134]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 562.28 million[113]. - The chairman received a total remuneration of CNY 4 million, while the vice chairman and president each received CNY 7.5 million[113]. - The total number of shares held by the monitoring committee chair, Chen Yangsijia, is 10,000 shares[109]. Market Presence and Sales - The company operates multiple subsidiaries across different countries, enhancing its global market presence[9]. - The primary markets for the company's products are in Europe and North America, where outdoor leisure activities are popular among affluent consumers[26]. - The company has established a comprehensive sales network in North America and Europe, enhancing its market presence and customer base[31]. - Sales in North America increased by 11.75% year-on-year, contributing 55.55% to total revenue, while sales in Europe decreased by 1.23%[36]. - The outdoor leisure furniture and products industry is experiencing growth due to increasing consumer wealth and demand for stylish, healthy lifestyles[26]. Research and Development - The company has a strong R&D team located in Germany and the USA, ensuring timely adaptation to market trends[31]. - The company completed the development of new products such as high-temperature fire pit tables and multifunctional fireplaces, aimed at expanding the product line and enhancing market competitiveness[51]. - Total R&D investment rose by 6.50% to approximately ¥237.05 million, representing 2.88% of operating revenue, up from 2.73%[54]. - The number of R&D personnel decreased by 15.70% to 773, with a notable increase in the number of master's degree holders by 400%[52]. Environmental Compliance - The company has obtained valid pollution discharge permits for its facilities, with expiration dates ranging from 2027 to 2025[149]. - The total wastewater discharge for the Qianjiang plant was reported at 36,173.69 m³, adhering to the specified environmental standards[150]. - The company has implemented strict compliance with national environmental protection laws and regulations throughout 2022[149]. - The company has established a pollution source monitoring and information disclosure system, adhering to environmental assessment requirements[154]. - The company has implemented dust and gas treatment facilities, including bag filters for smoke dust and dry filtration with catalytic combustion for organic waste gas, all meeting environmental assessment standards[154]. Employee Management - The total number of employees at the end of the reporting period was 11,274, including 7,412 from the parent company and 3,862 from major subsidiaries[126]. - The company has implemented training programs to enhance employee skills and efficiency based on business needs[128]. - The company has a structured salary system that varies based on position, ability, and performance to enhance internal comparability and fairness[127]. - The employee stock ownership plan (ESOP) includes 102 employees holding a total of 5,000,000 shares, representing 0.23% of the company's total equity[137]. Investment and Subsidiaries - The company established three new subsidiaries during the reporting period, expanding its consolidation scope[46]. - The company has invested 651.02 million CNY in bank wealth management products, with no overdue amounts or expected losses reported[190]. - The company has established a wholly-owned subsidiary, Henan Yonghao Outdoor Products Co., Ltd., in Xiping County, Henan[195]. - The company’s subsidiary, Blue World Holdings Limited, successfully listed on NASDAQ under the ticker BWAQU[194]. Future Outlook - The company targets an annual revenue of 8 billion yuan and a net profit of 550 million yuan for 2023[94]. - The outdoor leisure furniture industry faces significant uncertainties due to high inflation in Europe and North America, geopolitical conflicts, and trade protectionism[94]. - The company plans to enhance its market share by extending its product line and optimizing its marketing team[95]. - Future guidance indicates a projected revenue growth of 12% for the next fiscal year, aiming for 1.34 billion RMB[110].

出席本次说明会的人员有：公司董事长谢建勇先生；公司副董事长兼总裁谢建强先 生；公司董事、常务副总裁、财务负责人施服斌先生；独立董事周岳江先生；董事会秘 书王洪阳先生。 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。投资者可于2023年4月27日（星期四） 17:00前访问https://ir.p5w.net/zj/，或扫描下方二维码，进入问题征集专题页面。 公司将在2022年度业绩说明会上，对投资者普遍关注的问题进行回答。 欢迎广大投资者积极参与本次网上业绩说明会。 证券代码：002489 证券简称：浙江永强 公告编号：2023-035 浙江永强集团股份有限公司 关于举办 2022 年度业绩说明会的公告 本公司全体董事、监事、高级管理人员保证公告内容真实、准确和完整，并对公告 的虚假记载、误导性陈述或者重大遗漏负连带责任。 《浙江永强集团股份有限公司 2022 年年度报告》经公司六届十一次董事会审议通 过，全文刊登于巨潮资讯网 http://www.cninfo.com.cn 上。 为了让广大投资者能进一步了解公司 2022 年年度报 ...

Group 1: Company Overview - Zhejiang Yongqiang Group Co., Ltd. is a high-tech enterprise engaged in the design, research and development, production, and sales of outdoor leisure furniture and products, with over 30 years of development and accumulation [1] - The company's product range includes outdoor leisure furniture, sunshades, and tents, primarily used in family yards, terraces, outdoor leisure venues (restaurants, bars, beaches, parks), and hotels [1] - Major markets for the company's products include developed countries and regions such as the United States, Germany, and Australia, with sales channels including large chain supermarkets, brand merchants, and e-commerce platforms [1] Group 2: Business Processes and Seasonal Trends - The company experiences significant seasonality in its industry, with the order process typically starting in November for product selection, followed by order placement from April to August, production from September, and large-scale shipments beginning in November [2] - The sales season for end markets runs from February to September [2] Group 3: Production and Supply Chain - The company has considered expanding production capacity in Southeast Asia but has not implemented this due to inadequate local supply chains for metal furniture materials [2] - The external cooperation ratio has been maintained at approximately 30%, with a recent increase due to order growth outpacing production capacity; future adjustments are expected as new factories are established [2][3] Group 4: Market Conditions and Challenges - High inflation in Europe and the United States has negatively impacted short-term demand for outdoor leisure furniture [3] - The market is expected to see increased concentration as competition deepens, with market share shifting towards leading manufacturers [3] Group 5: Product Advantages and Customer Relations - The company stands out in R&D and design, being one of the few in the country with R&D centers abroad, including design teams in the U.S. and Germany [3] - Product advantages include environmental technology standards, quality assurance, delivery guarantees, and after-sales service [3]

Group 1: Financial Goals and Performance - The company aims to achieve a target of 280 million [1] - Profitability is uncertain due to various impacts, including the recovery in Europe and the US, which may lead to significant order growth in the next business year [1] Group 2: Production and Supply Chain - The production cycle takes approximately 20 days, with raw material procurement taking around 10 days, and shipping adding another 20 days, leading to a total of about two months from order to delivery [1] - The company is exploring global logistics procurement and currently testing in Europe, providing warehousing services for clients [1] Group 3: Sales and Distribution - The proportion of sales to distributors has decreased from 20%-30% to approximately 10% [1] - About 30% of production is outsourced, with the company maintaining its own brand [3] Group 4: Quality Control and Customer Relations - There are annual claims from customers due to quality issues and delayed deliveries, which can result in penalties and product returns [2] - The company conducts third-party inspections before shipping, with a typical product development cycle from design to market taking about 1.5 to 2 years [2] Group 5: Research and Development - New product revenue accounts for around 30%, with over 300 domestic R&D personnel [2] - Continuous updates in product design are necessary to meet market demands [2] Group 6: Market Strategy and Expansion - The company plans to enter the domestic market starting with balcony furniture, gradually expanding to living and dining room products [3] - Flagship stores are being considered for better product display, with the first store likely opening in Ningbo next year [3] Group 7: Management and Organizational Structure - The chairman and his brothers have distinct roles: strategic direction and external investments, internal management, and market focus on Europe and the US [3] - The company is considering stock incentives but has not made a final decision [3] Group 8: Pricing and Profit Margins - Price increases for existing products are challenging, with reliance on new product launches for revenue growth [3] - Differences in gross margins between Europe and the US are attributed to product variations and after-sales service differences [3]

Group 1: Investor Relations Activity - The investor relations activity was conducted on July 8, 2014 [2] - The meeting involved specific object research and analyst meetings [1] Group 2: Participants - Participants included representatives from Huatai Securities, namely Chen Yufeng and Gao Liangyu [1] - The meeting was hosted by Wang Hongyang from the listed company [1] Group 3: Key Discussion Points - Discussion on the company's growth in the European and American markets and competitor analysis [1] - Introduction of the company's domestic market development plans [1] - Overview of the company's brand development plans [1] - Explanation of the company's profit composition and dividend policy [1]

Group 1: Business Performance and Orders - The majority of orders for the upcoming business year have been confirmed, significantly boosted by the recovery in Europe and the US [1] - The company emphasizes quality over quantity in production, especially given high standards from foreign clients [1] - The domestic market is competitive with many small manufacturers offering low prices, but the company aims to focus on brand products due to its quality [1] Group 2: Cost and Profitability - Rising labor costs have a significant impact on the company, which has started automating processes to mitigate this issue [1] - The gross profit margin is expected to decline due to several factors, including increased labor costs, fluctuating raw material prices, and exchange rate changes [3] - The main business, being in manufacturing, experiences stable but limited growth [4] Group 3: Future Developments - The Ningbo experience center is projected to be completed by the end of the year, featuring a 15,000 square meter exhibition area for display and retail [2] - The company is open to mergers and acquisitions, primarily focusing on its main industry, but has not finalized any deals in other sectors [5] Group 4: Management Decisions - The owner's significant share reduction is attributed to funding needs for real estate projects and family investments [4]

Group 1: Investor Relations Activities - The investor relations activities included specific target research, analyst meetings, media interviews, performance briefings, press releases, roadshows, site visits, and other activities [1] - The meeting took place on July 8, 2014, in the company conference room [1] - Participants included representatives from Shanghai Licheng Assets, China Galaxy Securities, and Huazhong Insurance [1] Group 2: Key Discussion Points - The company discussed its growth in the European and American markets and the competitive landscape [1] - Plans for domestic market development were introduced [1] - The brand development strategy was outlined [1] - The composition of company profits and dividend policies were explained [1]