浙江明牌珠宝股份有限公司 2022 年第一季度报告全文 证券代码：002574 证券简称：明牌珠宝 公告编号：2022-016 浙江明牌珠宝股份有限公司 2022 年第一季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不 存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人虞阿五、主管会计工作负责人俞可飞及会计机构负责人(会计主管人员)陈 燕声明：保证季度报告中财务信息的真实、准确、完整。 3.第一季度报告是否经过审计 □ 是 √ 否 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 1,175,624,913.60 | 1,056,599,114.97 | 11.26% | | 归属于上市公司股东的净利润（元） | 35,704,263. ...

Financial Performance - The company's operating revenue for 2021 was CNY 3,582,111,747.67, representing a 42.73% increase compared to CNY 2,509,721,659.07 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 136,974,529.72, a significant recovery from a loss of CNY 257,123,177.46 in 2020, marking a 153.27% improvement[20]. - The net cash flow from operating activities was CNY 119,370,581.50, up 6.51% from CNY 112,076,451.36 in the previous year[20]. - Basic earnings per share for 2021 were CNY 0.26, compared to a loss of CNY 0.49 per share in 2020, reflecting a 153.06% increase[20]. - The total assets at the end of 2021 were CNY 4,310,285,845.49, a 4.52% increase from CNY 4,123,750,757.40 at the end of 2020[20]. - The net assets attributable to shareholders increased by 4.27% to CNY 3,089,159,844.47 at the end of 2021, compared to CNY 2,962,671,000.24 at the end of 2020[20]. - The weighted average return on net assets for 2021 was 4.53%, a recovery from -8.29% in 2020, indicating improved profitability[20]. - The company reported a significant reduction in net profit attributable to shareholders after deducting non-recurring gains and losses, amounting to CNY -26,769,528.79 in 2021, an improvement of 91.37% from CNY -310,241,140.16 in 2020[20]. Market Trends and Industry Insights - In 2021, the company's revenue increased by 42.73% year-on-year, aligning with the overall positive trend in the gold and jewelry industry[32]. - The total retail sales of gold and jewelry products in China reached 304.1 billion yuan in 2021, representing a year-on-year growth of 29.8%[32]. - The jewelry industry is anticipated to benefit from rising disposable income and the growth of the middle class, leading to new consumption opportunities[84]. - The company aims to adapt to market trends by shifting from a traditional supply chain to a demand-driven model, focusing on brand and design consumption[84]. Business Strategy and Operations - The company plans not to distribute cash dividends or issue bonus shares[5]. - The company aims to leverage the growing demand for younger, fashionable products as consumer preferences shift towards brand, quality, and design[33]. - The company plans to enhance its business model by integrating internet innovations to create new competitive advantages[33]. - The company is focusing on digital transformation and enhancing its supply chain management to improve operational efficiency and market responsiveness[44]. - The company plans to strengthen management practices to enhance operational efficiency and support franchise partners through comprehensive service solutions[89]. - The company will explore investment opportunities in emerging industries while continuing to develop its core jewelry business[89]. Store Expansion and Sales Channels - The company has nearly 1,000 stores across major regions in China and continues to develop its online sales channels on platforms like Tmall and JD[35]. - The company expanded its market presence by opening 58 new stores while closing 49, resulting in a net increase of 9 stores[40]. - Online sales through platforms like Tmall and JD.com generated a transaction volume of 356 million CNY, with a sales revenue of 218 million CNY, marking an 80.14% increase year-on-year[41]. - The revenue from direct sales increased by 56.14% year-on-year, amounting to ¥358,133,251.34, indicating a strong performance in this channel[51]. Product Development and Innovation - The company launched several new product lines, including the Huang Jin Dian Zuan series and the Si Hong Yan Hua Si series, which received significant market recognition[48]. - Investment in new product development increased by 30%, focusing on innovative jewelry designs and sustainable materials[108]. - The company is committed to product development, leveraging market data to align product design with consumer preferences and trends[88]. Financial Management and Governance - The company has a complete and independent financial accounting system, with dedicated financial personnel and separate bank accounts, ensuring no financial interference from the controlling shareholder[102]. - The company has established a supervisory board consisting of 3 supervisors, including one employee representative, to effectively oversee the legality and compliance of the financial operations and management responsibilities[98]. - The company has implemented a fair and transparent performance evaluation and incentive mechanism for directors, supervisors, and senior management, ensuring compliance with legal regulations[98]. - The company has a complete governance structure and its internal control system covers all aspects of operations and management, ensuring compliance with relevant regulations[135]. Risks and Challenges - The company faces risks from international disputes affecting gold prices, economic fluctuations impacting consumer spending, and price volatility in raw materials[90][91][92]. - The company will implement measures to enhance risk management and adapt to new retail environments[93]. Employee and Management Practices - The company has a training program focused on enhancing employee skills, particularly for retail and key positions, to meet long-term strategic needs[128]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 3.63 million CNY[116]. - The company reported a total of 962 employees at the end of the reporting period, with 445 in production, 254 in sales, and 93 in technical roles[126]. Environmental and Social Responsibility - The company emphasizes its commitment to being an environmentally friendly enterprise, achieving clean production with waste emissions meeting regulatory standards[140]. - There are no major environmental issues reported, and the company has not disclosed any additional environmental information due to its low-energy and low-emission operations[140]. Audit and Compliance - The audit report issued a qualified opinion due to the inability to obtain sufficient appropriate audit evidence regarding the recoverable amount of the equity investment[153]. - The company has not faced any bankruptcy reorganization issues during the reporting period[168]. - The company has not reported any penalties or rectifications during the reporting period, indicating compliance with regulations[170].

2021 年第三季度报告 证券代码：002574 证券简称：明牌珠宝 公告编号：2021-039 浙江明牌珠宝股份有限公司 □ 是 √ 否 浙江明牌珠宝股份有限公司 2021 年第三季度报告 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。 重要内容提示: 1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、 误导性陈述或重大遗漏，并承担个别和连带的法律责任。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信 息的真实、准确、完整。 3.第三季度报告是否经过审计 一、主要财务数据 (一)主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 本报告期比上年同期增 | 年初至报告期末 | 年初至报告期末比上年 | | --- | --- | --- | --- | --- | | | | 减 | | 同期增减 | | 营业收入（元） | 850,248,205.78 | 18.58% | 2,868,805,098.91 | 43.5 ...

公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 公司负责人虞阿五、主管会计工作负责人俞可飞及会计机构负责人(会计主 管人员)陈燕声明：保证本半年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司存在的主要风险详见本报告第三节"管理层讨论与分析"之 "十、公司 面临的风险和应对措施"，敬请广大投资者注意投资风险。 浙江明牌珠宝股份有限公司 2021 年半年度报告全文 浙江明牌珠宝股份有限公司 2021 年半年度报告 2021 年 08 月 1 浙江明牌珠宝股份有限公司 2021 年半年度报告全文 第一节 重要提示、目录和释义 公司计划不派发现金红利，不送红股，不以公积金转增股本。 2 $$\mathsf{H}\qquad\exists\overline{{{\mathcal{K}}}}$$ | 第一节 | 重要提示、目录和释义 2 | | --- | --- | | 第二节 | 公司简介和主要财务指标 6 | | 第三节 | 管理层讨论与分析 9 | | 第四节 | 公司 ...

Financial Performance - The company's operating revenue for 2020 was ¥2,509,721,659.07, a decrease of 26.82% compared to ¥3,429,497,764.91 in 2019[18] - The net profit attributable to shareholders was -¥257,123,177.46, representing a decline of 544.94% from a profit of ¥57,787,877.96 in the previous year[18] - The basic and diluted earnings per share were both -¥0.49, a decrease of 545.45% compared to ¥0.11 in 2019[18] - The company reported a significant increase in the net profit loss from non-recurring items, with a loss of -¥310,241,140.16 compared to -¥98,985,481.42 in 2019, a decline of 213.42%[18] - The weighted average return on net assets was -8.29%, a decrease of 10.09% from 1.80% in 2019[18] - The company reported a total cost of sales of CNY 2,181,696,112.84, down 27.49% from CNY 3,008,725,204.98 in 2019[64] - The company’s platinum jewelry revenue was CNY 53,256,465.10, a decrease of 27.01% compared to the previous year[58] - The company recognized a total impairment loss of 48.24 million yuan over the two years due to the declining performance of Suzhou Haowu Company[114] Cash Flow and Assets - The net cash flow from operating activities improved significantly to ¥112,076,451.36, a 6,375.94% increase from -¥1,785,810.39 in 2019[18] - The net cash flow from operating activities increased by 6,375.94% to ¥112,076,451.36, primarily due to a reduction in cash outflow for purchasing goods[74] - The net increase in cash and cash equivalents rose by 215.37% to ¥300,773,454.66, driven by increases in both operating and financing cash flows[74] - The company's cash and cash equivalents at the end of 2020 amounted to ¥981,298,393.76, representing 23.80% of total assets[76] - The total inventory at the end of 2020 was ¥1,854,388,551.04, which is 44.97% of total assets[76] - The total assets at the end of 2020 were ¥4,123,750,757.40, down 6.13% from ¥4,393,034,031.28 at the end of 2019[18] - The net assets attributable to shareholders decreased by 8.48% to ¥2,962,671,000.24 from ¥3,237,032,253.45 in 2019[18] Business Operations - The company operates over 900 stores nationwide and has established flagship stores on major e-commerce platforms such as Tmall and JD[32] - The company aims to leverage the growing demand for mid-to-high-end jewelry products among younger consumers as part of its strategic focus[30] - The company plans to enhance its competitive advantage by integrating internet technologies into its business operations[30] - The company focused on product development, launching a series of fashionable and competitive products, particularly in the gold and embedded categories, which saw an increase in overall profitability[45] - The company plans to enhance its brand positioning and marketing strategies, including the opening of high-end stores in major cities to boost brand visibility[47] - Online sales channels are being expanded, with a focus on platforms like Tmall, JD.com, and Vipshop, contributing to a rapid growth in online sales[48] - The company aims to strengthen partnerships with top 50 commercial entities in China to enhance its market presence and expand its store network[48] Market Trends and Challenges - The company experienced a decline in retail sales of gold and jewelry, with a total retail sales of 237.6 billion yuan, down 4.7% year-on-year[28] - The global jewelry industry is anticipated to benefit from rising disposable income and the growth of the middle class, leading to new consumption opportunities[88] - The company is aware of risks such as international trade disputes and fluctuating gold prices, and plans to implement hedging strategies to mitigate these risks[93] - The company will focus on quality, brand, and management optimization to enhance its risk response capabilities in the evolving market[94] Shareholder and Governance - The company has a cash dividend policy that stipulates a minimum annual cash distribution of 10% of the distributable profit, with a cumulative cash distribution over the past three years not less than 30% of the average annual distributable profit during that period[99] - The company reported a positive profit available for distribution to ordinary shareholders but did not propose a cash dividend distribution plan for the reporting period[104] - The company has established a complete decision-making process for its cash dividend policy, ensuring that minority shareholders have the opportunity to express their opinions[100] - The company’s actual controller and major shareholders have made commitments to avoid any competition with the company’s business, ensuring the protection of minority shareholders' rights[106] - The company maintains a stable and continuous profit distribution policy, considering both profitability and capital needs[99] - The board of directors consists of 7 members, including 3 independent directors, complying with legal requirements[191] - The supervisory board is composed of 3 members, including one employee representative, effectively overseeing the company's financial and operational compliance[192] Employee and Management - The total number of employees in the company is 947, with 577 in the parent company and 372 in major subsidiaries[184] - The company has 453 production personnel, 215 sales personnel, 91 technical personnel, 32 financial personnel, and 156 administrative personnel[184] - The total remuneration for directors and senior management during the reporting period is 343.45 million yuan[183] - The company emphasizes training for employees, particularly for retail terminal and key position personnel, through targeted internal and external training courses[186] - The management team includes experienced professionals with backgrounds in economics, engineering, and finance, contributing to the company's strategic direction[176][178] - The company has maintained a stable management structure with no new appointments or departures reported during the year[175] Audit and Compliance - The audit report highlighted that the company could not obtain sufficient evidence to assess the reasonableness of the impairment provisions for the investments in Suzhou Haowu Company for both 2019 and 2020[117] - The independent directors supported the board's plan to eliminate the effects of the qualified opinion and emphasized the importance of maintaining investor interests[122] - The company has no significant accounting errors that require retrospective restatement during the reporting period[130] - The company has not experienced any penalties or rectification issues during the reporting period[135] - The company has maintained compliance with environmental standards, achieving clean production during the reporting period[150]

Financial Performance - The company's revenue for Q1 2021 was CNY 1,056,599,114.97, representing a 37.91% increase compared to CNY 766,134,783.19 in the same period last year[7] - Net profit attributable to shareholders was CNY 26,681,471.73, a significant increase of 230.64% from CNY 8,069,552.60 year-on-year[7] - The net profit after deducting non-recurring gains and losses reached CNY 25,446,612.05, up 270.64% from CNY 6,865,531.18 in the previous year[7] - The basic earnings per share increased to CNY 0.05, a 400.00% rise compared to CNY 0.01 in the same quarter last year[7] - Operating revenue rose by 37.91% to ¥1,056,599,114.97 compared to ¥766,134,783.19, primarily due to the impact of the pandemic last year[15] - The net profit for the first quarter of 2021 was CNY 26,649,155.73, a significant increase from CNY 1,520,566.71 in the same period last year, representing a growth of approximately 1,556%[43] - Operating profit reached CNY 36,769,489.05, compared to CNY 5,295,918.50 in the previous year, indicating a year-over-year increase of about 594%[43] - The total revenue from sales of goods and services was CNY 1,121,501,026.19, up from CNY 818,390,102.87, reflecting a growth of approximately 37%[46] Assets and Liabilities - The company's total assets at the end of the reporting period were CNY 4,046,375,655.33, a decrease of 1.88% from CNY 4,123,750,757.40 at the end of the previous year[7] - Total assets decreased to CNY 3,840,021,557.74 from CNY 3,933,408,770.00, showing a decline of about 2.37%[35] - Total liabilities decreased to 1,060,445,422.91 CNY from 1,154,379,298.92 CNY at the end of 2020[31] - The total liabilities increased from 1,154,379,298.92 CNY to 1,204,652,173.62 CNY, reflecting an increase of approximately 4.3%[55] - The company's equity attributable to shareholders increased to 2,979,533,335.18 CNY from 2,962,671,000.24 CNY at the end of 2020[32] - The company's equity attributable to shareholders decreased by 9,863,211.26 CNY, from 2,962,671,000.24 CNY to 2,952,807,788.98 CNY[55] Cash Flow - The net cash flow from operating activities was negative at CNY -94,496,493.78, a decline of 147.97% compared to CNY 196,994,287.47 in the same period last year[7] - The cash flow from operating activities showed a net outflow of CNY -94,496,493.78, a decline from a net inflow of CNY 196,994,287.47 in the previous year[47] - The company incurred a total cash outflow from financing activities of CNY 5,136,438.86, compared to CNY 7,060,095.14 in the previous year[48] - The cash inflow from investment activities was CNY 7,000,000.00, a decrease from CNY 97,213,053.80 in the previous year[47] - The net cash flow from investment activities was -3,080,755.26 CNY, compared to 8,114,887.68 CNY in the previous year[51] - The total cash and cash equivalents at the end of the period amounted to 71,417,754.72 CNY, down from 484,303,612.43 CNY year-over-year[51] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 25,383[11] - The top two shareholders held a combined 51.76% of the company's shares, with Zhejiang Riyue Jewelry Group Co., Ltd. holding 29.96% and Yongsheng International Investment Group Co., Ltd. holding 21.80%[11] Future Projections - The company forecasts a net profit attributable to shareholders for the period from the beginning of the year to the next reporting period to be between 3,500,000 and 5,000,000 CNY, representing an increase of 1,417.99% to 146.83% compared to the same period last year[21] - Basic earnings per share are expected to rise to between 0.07 and 0.09 CNY, reflecting a growth of 133.33% to 200.00% year-over-year[21] Research and Development - Research and development expenses decreased by 71.96% to ¥226,791.09 from ¥808,800.26, mainly due to reduced investment in R&D[15] - Research and development expenses were CNY 226,791.09, down from CNY 808,800.26, indicating a decrease of approximately 72%[38] Other Information - The company received government subsidies amounting to CNY 345,259.87 during the reporting period[8] - The company reported no significant contracts or financial investments during the reporting period[22][24] - There were no violations regarding external guarantees or non-operating fund occupation by controlling shareholders during the reporting period[23][24] - The company has committed to avoiding any business that competes directly or indirectly with its current or future operations[18] - The company did not undergo an audit for the first quarter report[60]

浙江明牌珠宝股份有限公司 2020 年第三季度报告全文 浙江明牌珠宝股份有限公司 2020 年第三季度报告 2020 年 10 月 1 浙江明牌珠宝股份有限公司 2020 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人虞阿五、主管会计工作负责人俞可飞及会计机构负责人(会计主 管人员)赵彤旦声明：保证季度报告中财务报表的真实、准确、完整。 2 浙江明牌珠宝股份有限公司 2020 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 4,335,160,447.63 | | 4,393,034,031.28 | -1.32% | | 归属于上市公司股东的净资产 | 3,250,240,0 ...

Financial Performance - The company's operating revenue for the first half of 2020 was CNY 1,282,152,774.30, a decrease of 39.33% compared to the same period last year[17]. - The net profit attributable to shareholders for the first half of 2020 was CNY 14,179,870.33, down 80.47% year-on-year[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 4,125,498.78, a decline of 93.50% compared to the previous year[17]. - Basic earnings per share decreased by 78.57% to CNY 0.03[17]. - The total profit for the period was CNY 20,733,787.54, down 76.91% year-on-year, while the net profit attributable to shareholders was CNY 14,179,870.33, a decline of 80.47%[39]. - The company's revenue for the first half of 2020 was CNY 1,282,152,774.30, a decrease of 39.33% compared to CNY 2,113,466,961.53 in the same period last year, primarily due to the impact of the COVID-19 pandemic[51]. - The estimated cumulative net profit for the year is projected to be between 18 million and 25 million yuan, representing a decline of over 50% compared to the same period last year, which was 90.89 million yuan[71]. - Basic earnings per share are expected to be between 0.0341 and 0.0473 yuan, down 72.52% to 80.19% from last year's 0.1721 yuan[71]. - The net profit for the first half of 2020 was CNY 399,565.95, a significant decline of 99.43% from CNY 69,748,582.85 in the previous year[70]. Cash Flow and Liquidity - The net cash flow from operating activities increased by 66.76% to CNY 421,832,676.85[17]. - The company reported a significant increase in net cash flow from operating activities, amounting to CNY 421,832,676.85, a 66.76% increase compared to the previous year[51]. - The net cash flow from operating activities for the first half of 2020 was CNY 382,979,913.61, an increase of 60.1% compared to CNY 239,085,177.21 in the same period of 2019[152]. - Cash and cash equivalents increased significantly to CNY 1,116,154,022.51 from CNY 662,658,594.36, reflecting a growth of approximately 68.8%[129]. - The net cash flow from financing activities was CNY 4,495,653.35, a significant improvement from a negative cash flow of CNY 34,050,040.06 in the previous year[152]. Inventory and Assets - The company's total inventory as of June 30, 2020, was CNY 1,388,102,453.15, with a breakdown including CNY 867,273,211.37 in finished goods[49]. - Inventory rose to CNY 1,590,176,523.84, representing 36.37% of total assets, an increase from 34.49% year-on-year[58]. - The company's total assets at the end of the reporting period were CNY 4,372,450,808.66, a slight decrease of 0.47% from the end of the previous year[17]. - The company's current assets totaled CNY 3,149,998,177.21, down from CNY 3,158,043,896.86, indicating a decrease of about 0.26%[130]. - The total non-current assets were CNY 1,222,452,631.45, down from CNY 1,234,990,134.42, indicating a decrease of about 1.02%[130]. Market and Operational Strategy - The overall retail market for gold and jewelry faced significant pressure due to the COVID-19 pandemic, but the company has been actively adjusting its strategies to mitigate these impacts[39]. - The company operates nearly 900 stores across major regions in China and has established online marketing channels through platforms like Tmall, JD.com, and Vipshop[28]. - The company is focusing on enhancing its brand image and product quality to cater to the rising demand for fashionable and personalized jewelry among younger consumers[37]. - The company plans to leverage internet and mobile internet innovations to create new competitive advantages in the jewelry market[37]. - The company opened 25 new stores and closed 69 stores during the reporting period, resulting in a net decrease of 44 stores, aimed at optimizing store structure and enhancing quality[46]. Legal and Compliance - There are ongoing legal disputes, including a claim for 12.36 million yuan related to performance compensation arbitration[82]. - The company has not faced any penalties or corrective actions during the reporting period[84]. - The company maintained compliance with environmental standards, ensuring that waste and emissions were within regulatory limits[99]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period is 27,741[112]. - Zhejiang Riyue Jewelry Group Co., Ltd. holds 29.96% of shares, totaling 158,172,819 ordinary shares[112]. - Yongsheng International Investment Group Co., Ltd. holds 21.80% of shares, totaling 115,103,281 ordinary shares[112]. - The total number of shares before the change is 528,000,000, with no changes in restricted shares[110]. - There are no changes in the controlling shareholder or actual controller during the reporting period[114]. Accounting and Financial Reporting - The financial report for the half-year period has not been audited[127]. - The financial statements are prepared on a going concern basis, with no significant doubts regarding the company's ability to continue operations for the next 12 months[170]. - The financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial position, operating results, and cash flows accurately[172]. - The company adopts the Chinese Yuan (RMB) as its functional currency for accounting purposes[175]. - The company follows specific accounting policies for financial instruments, fixed asset depreciation, and revenue recognition based on its operational characteristics[171].

证券代码：002574 证券简称：明牌珠宝 公告编号：2020-026 浙江明牌珠宝股份有限公司 关于参加浙江辖区上市公司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公告内容的真实、准确和完整，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的沟通交流，浙江明牌珠宝股份有限公司（以下简称 "公司"）将参加由浙江证监局指导、浙江上市公司协会与深圳市全景网络有限公 司共同举办的"凝心聚力 共克时艰"辖区上市公司投资者网上集体接待日主题活 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 平台举行，投资者可登录"全景•路演天下"（http://rs.p5w.net）参与公司本次 投资者网上接待日活动。网上互动交流时间为 2020 年 5 月 15 日（星期五）下午 15:00-17:00。 届时公司副董事长、总经理、董事会秘书虞豪华先生和财务总监俞可飞先生将 采用网络远程方式与投资者进行沟通（如遇特殊情况，参与人员会有调整）。 欢迎广大投资者积极参与。 特此公告。 浙江明牌珠宝股份有限公司 董事会 2020 年 5 月 12 日 ...

Financial Performance - Revenue for Q1 2020 was ¥766,134,783.19, a decrease of 37.83% compared to ¥1,232,389,624.17 in the same period last year[8] - Net profit attributable to shareholders was ¥8,069,552.60, down 80.89% from ¥42,219,865.68 year-on-year[8] - Basic and diluted earnings per share were both ¥0.01, a decrease of 87.50% compared to ¥0.08 in the same period last year[8] - Operating revenue decreased by 37.83% to ¥766,134,783.19 compared to the previous period due to the impact of the pandemic[16] - The net profit for the first half of 2020 is expected to decline by over 50%, with a projected range of RMB 10 million to RMB 15 million, compared to RMB 72.62 million in the same period of 2019, indicating a decrease of approximately 86.23% to 79.34%[23] - The net profit for the first quarter was CNY 7,637,866.22, compared to CNY 42,366,029.20 in the same period last year, representing a decline of approximately 81.9%[46] - The total profit for the first quarter was CNY 12,571,602.97, down from CNY 54,611,184.79 in the previous year, indicating a decrease of about 77%[46] Cash Flow - Net cash flow from operating activities increased significantly to ¥196,994,287.47, up 805.33% from ¥21,759,360.12 in the previous year[8] - Cash received from sales decreased by 36.62% to ¥818,390,102.87, attributed to reduced sales[16] - The cash inflow from operating activities was CNY 875,439,698.24, down from CNY 1,314,289,014.05 in the previous period[52] - The total cash inflow from investment activities was CNY 97,213,053.80, while cash outflow was CNY 81,547,057.52, resulting in a net cash flow of CNY 15,665,996.28, down from CNY 147,985,555.75 in the previous year[53] - The cash flow from financing activities showed a net outflow of CNY 7,060,095.14, compared to a net outflow of CNY 13,670,511.39 in the previous year, indicating improved cash management[54] Assets and Liabilities - Total assets at the end of the reporting period were ¥4,342,709,392.76, a decrease of 1.15% from ¥4,393,034,031.28 at the end of the previous year[8] - Total liabilities decreased to ¥1,090,891,837.42 from ¥1,148,338,962.85, a reduction of about 5%[38] - Total equity attributable to shareholders increased slightly to ¥3,244,586,426.74 from ¥3,237,032,253.45[38] Expenses - Operating costs fell by 37.63% to ¥685,916,110.00, primarily due to a decline in sales[16] - R&D expenses decreased by 30.15% to ¥808,800.26, reflecting reduced investment in research and development[16] - The company reported a 59.71% decrease in income tax expenses to ¥4,933,736.75 due to reduced profits[16] - The company reported a decrease in sales expenses to ¥51,640,975.76 from ¥64,646,550.17, a reduction of approximately 20.1%[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 28,898[12] - The top shareholder, Zhejiang Riyue Jewelry Group Co., Ltd., held 29.96% of shares, totaling 158,172,819 shares[12] - The company did not engage in any repurchase transactions during the reporting period[13] Investment Activities - Cash paid for investments increased significantly by 1704.44% to ¥81,200,000.00, indicating a rise in the purchase of financial products[16] - The company received CNY 60,000,000.00 from investment recoveries, down from CNY 150,000,000.00 in the previous year, indicating a decrease of 60%[57] - The investment loss for the first quarter was CNY 5,396,879.73, contrasting with an investment gain of CNY 12,182,648.37 in the same period last year[48] Compliance and Governance - The company has committed to avoiding any competition with its subsidiaries and ensuring the protection of minority shareholders' rights[22] - The company reported no violations regarding external guarantees during the reporting period[28] - The company did not engage in any derivative investments during the reporting period[27] - There were no securities investments made during the reporting period[24] - The company has no significant or high-risk entrusted financial management situations reported during the period[26] - The company did not undergo an audit for the Q1 2020 report, which may affect the reliability of the financial data presented[59]