证券代码:002592 证券简称: ST 八菱 公告编号:2024-021 南宁八菱科技股份有限公司 2023 年年度股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1. 本次股东大会无增加、变更、否决议案的情况； 2. 本次股东大会不涉及变更以往股东大会已通过的决议。 一、 会议召开和出席情况 （一）会议召开情况 1．召开时间 （1）现场会议：2024年4月26日（星期五）14:30 （2）网络投票： 通过深圳证券交易所交易系统进行网络投票的具体时间为：2024年4月26日 的交易时间，即9:15—9:25，9:30—11:30和13:00—15:00； 通过深圳证券交易所互联网投票系统（http://wltp.cninfo.com.cn）投票 的具体时间为：2024 年 4 月 26 日 9:15—15:00 任意时间。 2．召开地点：广西南宁市高新区高新大道东段 21 号南宁八菱科技股份有限 公司办公楼三楼会议室 3．召开方式：现场投票与网络投票相结合 1 4．召集人：董事会 5．主持人：董事长顾瑜女士 6．本次会议的召集、 ...

证券代码:002592 证券简称: ST 八菱 公告编号:2024-020 南宁八菱科技股份有限公司 关于会计政策变更的公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 特别提示： 南宁八菱科技股份有限公司（以下简称公司）本次会计政策变更系根据财政 部发布的相关企业会计准则解释而进行的相应变更，不属于企业自主变更会计政 策的情形，无需提交公司董事会和股东大会审议。执行变更后的会计政策不会对 公司财务状况、经营成果和现金流量产生重大影响。 一、会计政策变更情况概述 三、董事会审计委员会审核意见 2023 年 10 月 25 日，财政部发布了《关于印发〈企业会计准则解释第 17 号〉的通知》（财会〔2023〕21 号）（以下简称《准则解释第 17 号》），该解释对 "关于流动负债与非流动负债的划分""关于供应商融资安排的披露""关于售后 租回的会计处理"的内容进行了规范说明，自 2024 年 1 月 1 日起施行。 （二）变更前公司采用的会计政策 本次会计政策变更前，公司执行财政部发布的《企业会计准则——基本准则》 和各项具体会计准则、企业会计准则应用指南、企 ...

广西欣源律师事务所 关于南宁八菱科技股份有限公司 2023 年年度股东大会的法律意见书 致： 南宁八菱科技股份有限公司 南宁八菱科技股份有限公司（以下简称"公司")2023 年 年度股东大会（以下简称"本次股东大会") 于2024 年4 月26 日召开， 广西欣源律师事务所（以下简称"本所")接受公司 的委托，就公司本次股东大会的相关事宜出具法律意见。本所 及经办律师根据《中华人民共和国公司法》、《中华人民共和国 证券法》、《上市公司股东大会规则》、《律师事务所从事证券法 律业务管理办法》和《律师事务所证券法律业务执业规则（试 行）》等规定及本法律意见书出具日以前已经发生或者存在的 事实，严格履行了法定职责，遵循了勤勉尽责和诚实信用原则， 进行了充分的核查验证，保证本法律意见所认定的事实真实、 准确、完整，所发表的结论性意见合法、准确，不存在虚假记 载、误导性陈述或者重大遗漏，并承担相应法律责任。 为出具本法律意见，本所律师出席本次股东大会，审查关于 本次股东大会的公告、出席股东大会的股东资格、本次股东大会 决议和记录，并参与本次股东大会的监票工作。 本所同意将本法律意见作为公司本次股东大会的必备文件 公告， ...

证券代码:002592 证券简称: ST 八菱 公告编号:2024-018 南宁八菱科技股份有限公司 第七届监事会第八次会议决议公告 经全体与会监事审议，会议以记名投票方式通过如下议案： (一)审议通过《关于<2024 年第一季度报告>的议案》 经审核，监事会认为董事会编制和审议公司《2024 年第一季度报告》的程 序符合法律、行政法规及中国证监会、深圳证券交易所的有关规定，报告内容真 实、准确、完整地反映了公司的实际情况，不存在任何虚假记载、误导性陈述或 者重大遗漏。 具体内容详见公司于同日披露在《中国证券报》《上海证券报》《证券日报》 《证券时报》及巨潮资讯网（www.cninfo.com.cn）的《2024 年第一季度报告》。 表决结果：3 票同意，0 票反对，0 票弃权。 三、备查文件 1 本公司及监事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 南宁八菱科技股份有限公司（以下简称公司）第七届监事会第八次会议于 2024 年 4 月 26 日（星期五）16:30 在公司三楼会议室以现场会议方式召开。会 议通知已于 2024 年 4 月 2 ...

证券代码：002592 证券简称：ST八菱 公告编号：2024-016 南宁八菱科技股份有限公司 关于诉讼事项的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、诉讼基本情况 南宁八菱科技股份有限公司（以下简称公司）控股子公司印象恐龙文化艺术 有限公司（以下简称印象恐龙）因贺立德、覃晓梅、桂林恐龙谷文艺科技有限公 司（以下简称恐龙谷公司）未按各方共同签署的《合作协议书》约定完成演出剧 场建设，于 2022 年 11 月将恐龙谷公司、贺立德、覃晓梅、北京大风文化艺术投 资有限公司（以下简称大风公司）诉至广西壮族自治区桂林市中级人民法院（以 下简称桂林中院），要求解除《合作协议书》，同时要求被告依约支付违约金并赔 偿损失。具体内容详见公司于 2022 年 11 月 15 日披露在《中国证券报》《上海证 券报》《证券时报》《证券日报》和巨潮资讯网（www.cninfo.com.cn）的《关于 子公司提起诉讼的公告》（公告编号：2022-083）。 二、诉讼进展情况 2024 年 2 月，印象恐龙收到桂林中院就上述案件作出的一审判决，桂林中 院判决驳回了印 ...

南宁八菱科技股份有限公司 关于公司股票被实施其他风险警示相关事项的进展公告 本公司及董事会全体成员保证信息披露的内容真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 一、违规担保情况概述 2019 年 10 月 28 日、10 月 29 日和 2020 年 1 月 8 日，南宁八菱科技股份有 限公司（以下简称公司）原二级控股子公司海南弘润天源基因生物技术有限公司 （以下简称海南弘天）时任法定代表人、执行董事兼总经理王安祥未经公司审议 程序，擅自使用海南弘天金额为 1.46 亿元、1.5 亿元和 1.7 亿元 3 张定期存单 违规对外担保，导致存单内的 4.66 亿元存款全部被划走，并导致公司股票自 2020 年 7 月 2 日开市起被实行其他风险警示（ST）。 二、采取的措施及进展情况 证券代码：002592 证券简称：ST八菱 公告编号：2024-015 2.公司股票目前暂时无法撤销其他风险警示，敬请投资者注意投资风险。 3.公司将根据上述事项的进展情况，严格按照相关法律、法规的要求和规定 1 及时履行信息披露义务。公司指定信息披露媒体为《中国证券报》《上海证券报》 《证券时报》《证券日报》和巨潮资 ...

Company Overview - The company's registered address was changed to No. 21, East Section of Gaoxin Avenue, Nanning High-tech Zone on January 19, 2021 [18] - The company's stock is listed on the Shenzhen Stock Exchange with the stock code 002592 [18] - The company's legal representative is Gu Yu [18] - The company's website is www.baling.com.cn and the email address is nnblkj@baling.com.cn [18] - The company's annual report is disclosed on the Shenzhen Stock Exchange website (www.szse.cn) and other media platforms such as Securities Times, Securities Daily, China Securities Journal, Shanghai Securities News, and cninfo.com.cn [20] - The company's annual report is available at the company's securities department [20] - The company's unified social credit code is 91450000729752557W [21] - The company's main business has not changed since its listing [21] - The company's controlling shareholders have not changed since its listing [21] Financial Performance - Revenue for 2023 was RMB 542.68 million, a decrease of 1.77% compared to RMB 552.44 million in 2022 [22] - Net profit attributable to shareholders in 2023 was RMB 105.50 million, a significant increase of 680.46% compared to RMB 13.52 million in 2022 [22] - Net profit attributable to shareholders after deducting non-recurring gains and losses in 2023 was RMB 32.65 million, a substantial increase of 1,671.59% compared to RMB 1.84 million in 2022 [22] - Total assets at the end of 2023 were RMB 1.12 billion, a decrease of 5.84% compared to RMB 1.19 billion at the end of 2022 [22] - Net cash flow from operating activities in 2023 was RMB 22.65 million, a decrease of 63.98% compared to RMB 62.89 million in 2022 [22] - Basic earnings per share in 2023 were RMB 0.40, an increase of 700% compared to RMB 0.05 in 2022 [22] - Weighted average return on equity in 2023 was 13.29%, an increase of 11.41 percentage points compared to 1.88% in 2022 [22] - Total operating income in 2023 was 542.682 million yuan, a year-on-year decrease of 1.77%, with the automotive industry accounting for 92.55% of total revenue [71] - Heat exchanger revenue increased by 4.91% to 361.4184 million yuan, while exterior parts revenue decreased by 9.70% to 140.8419 million yuan [73] - Domestic sales accounted for 99.64% of total revenue, with a slight decrease of 1.38% to 540.7161 million yuan, while overseas sales decreased by 52.67% to 1.9658 million yuan [71] - The company's gross profit margin for the automotive industry increased by 3.39 percentage points to 20.65%, driven by a 3.76% decrease in operating costs [73] - Main business cost in the car industry decreased by 3.76% to 398.534 million yuan in 2023 compared to 414.098 million yuan in 2022 [76] - Heat exchanger main business cost increased by 2.44% to 294.7618 million yuan in 2023 compared to 287.7325 million yuan in 2022 [78] - Exterior parts main business cost decreased by 17.88% to 103.7722 million yuan in 2023 compared to 126.3655 million yuan in 2022 [78] - Total assets decreased by 5.84% to 1.1185 billion yuan, while net assets attributable to shareholders increased by 6.22% to 813.4799 million yuan, with a debt-to-asset ratio of 27.27%, down 12.98 percentage points [64] - Net cash flow from operating activities decreased by 63.98% to RMB 22,651,622.47 in 2023 [85] - Net cash flow from investing activities increased by 105.13% to RMB 8,515,709.46 in 2023 [85] - Investment income accounted for 111.64% of total profit, mainly from equity method investment income and financial asset transactions [87] - Cash and cash equivalents decreased by 1.05% to 150,716,621.34 yuan, accounting for 13.47% of total assets [88] - Accounts receivable increased by 2.75% to 84,085,065.82 yuan, accounting for 7.52% of total assets, mainly due to an increase in receivables not yet due [88] - Inventory increased by 2.09% to 115,653,523.41 yuan, accounting for 10.34% of total assets [88] - Long-term equity investments increased by 3.68% to 139,498,498.94 yuan, accounting for 12.47% of total assets, mainly due to investment income from Chongqing Baling [88] - Short-term borrowings decreased by 5.60% to 41,057,222.23 yuan, accounting for 3.67% of total assets, mainly due to a reduction in bank loans [88] - Receivables financing increased by 1.90% to 73,743,795.41 yuan, accounting for 6.59% of total assets, mainly due to a shift to bill-based settlements with customers [90] - Other equity instrument investments decreased by 7.02% to 131,112,000.00 yuan, accounting for 11.72% of total assets, mainly due to a fair value change of -91.5 million yuan from the investment in Gaia Interactive [90] - Deferred tax assets increased by 1.04% to 34,908,856.05 yuan, accounting for 3.12% of total assets, mainly due to an increase in deductible losses and share-based payment [90] - Other comprehensive income decreased by 8.52% to -156,795,265.22 yuan, accounting for -14.02% of total assets, mainly due to the fair value change of -91.5 million yuan from the investment in Gaia Interactive [90] - Total restricted assets amounted to 358,310,897.60 yuan, including 57,152,000.00 yuan of other equity instrument investments pledged for short-term loans [93] - Undistributed profits as of December 31, 2023: Consolidated statement (-RMB 504,259,800), Parent company statement (-RMB 524,939,200) [200] - No cash dividend conditions met for 2023 due to accumulated losses from previous years [200] Production and Sales - The company's heat exchanger production increased by 26.97% to 2.4965 million units in 2023 compared to 1.9662 million units in 2022 [46] - Heat exchanger sales grew by 4.01% to 2.2919 million units in 2023 from 2.2036 million units in 2022 [46] - Exterior parts production decreased by 33.93% to 822,200 units in 2023 from 1.2445 million units in 2022 [46] - Exterior parts sales declined by 32.22% to 823,200 units in 2023 from 1.2146 million units in 2022 [46] - Domestic production increased by 7.30% to 3.3072 million units in 2023 from 3.0822 million units in 2022 [47] - Domestic sales grew by 2.55% to 3.1034 million units in 2023 from 3.0262 million units in 2022 [47] - International production decreased by 50% to 11,500 units in 2023 from 23,000 units in 2022 [47] - International sales declined by 54.30% to 11,700 units in 2023 from 25,600 units in 2022 [47] - Car industry sales volume decreased by 8.87% to 3.1151 million units in 2023 compared to 3.4182 million units in 2022 [74] - Car industry production volume increased by 3.36% to 3.3187 million units in 2023 compared to 3.2107 million units in 2022 [74] - Inventory volume increased by 28.49% to 918,200 units in 2023 compared to 714,600 units in 2022 [74] - Material sales revenue decreased by 33.78% to 13.5159 million yuan in 2023 compared to 2022 [74] - Overseas revenue decreased by 52.67% to 2.1872 million yuan in 2023 compared to 2022 [74] Market and Industry Trends - In 2023, China's automobile production and sales exceeded 30 million units for the first time, reaching 30.161 million and 30.094 million units respectively, an increase of 11.6% and 12% year-on-year [35] - New energy vehicle production and sales in 2023 were 9.587 million and 9.495 million units respectively, an increase of 35.8% and 37.9% year-on-year, with a market share of 31.6% [36] - China's new energy vehicle production and sales reached 9.587 million and 9.495 million units in 2023, with year-on-year growth of 35.8% and 37.9%, respectively, and a market share of 31.6% [111] - Pure electric vehicle production and sales reached 6.704 million and 6.685 million units in 2023, with year-on-year growth of 22.6% and 24.6%, respectively [111] - Plug-in hybrid vehicle production and sales reached 2.877 million and 2.804 million units in 2023, with year-on-year growth of 81.2% and 84.7%, respectively [111] - Fuel cell vehicle production and sales reached 6,000 units in 2023, with year-on-year growth of 55.3% and 72%, respectively [111] - China's total vehicle sales are expected to exceed 31 million units in 2024, with a year-on-year growth of over 3%, including 26.8 million passenger vehicles and 4.2 million commercial vehicles [113] - New energy vehicle sales in China are expected to reach 11.5 million units in 2024, with exports of 5.5 million units [113] R&D and Innovation - The company has established a competitive advantage in integrated thermal management solutions, leveraging over 20 years of experience in the automotive heat exchanger industry [51] - The company has developed advanced R&D capabilities, including a smart design system and a result-oriented parametric design model, significantly improving product design efficiency [52] - R&D expenses in 2023 increased by 10.61% to 19.1054 million yuan, focusing on new energy vehicle thermal management systems and exterior parts [63] - New energy vehicle heat exchanger sales revenue reached 25.0245 million yuan, a year-on-year increase of 81.35%, while exterior parts sales revenue decreased by 22.86% to 63.5622 million yuan [63] - The company developed 1 high-low temperature integrated radiator product for hybrid vehicle power systems, achieving mass production [83] - The company is currently developing 1 air-cooled oil cooler for new energy vehicle motors, aiming for mass production [83] - The company developed and mass-produced 8 front skin assemblies and 4 rear skin assemblies for new energy vehicles [83] - The company completed the development of high-temperature resistant, non-spraying, high-gloss black material for car front grilles, achieving mass production [83] - The company developed 9 new colors for new energy vehicle exterior parts across 7 models, achieving mass production [83] - The number of R&D personnel decreased by 8.33% to 77 in 2023, with a decrease in the proportion of R&D personnel from 8.72% to 8.00% [83] - R&D investment increased by 10.61% to RMB 19,105,422.29 in 2023, accounting for 3.52% of operating revenue [84] Subsidiaries and Investments - The company's main customers include SAIC-GM-Wuling, Chery Automobile, Changan Automobile, Dongfeng Motor, FAW Jiefang, Voyah, and Seres [40] - The company operates in both OEM and AM markets, with a focus on direct sales to automakers [49] - New energy vehicle heat exchanger sales revenue reached 25,024,489.99 USD with a production capacity of 1,500,000 units, producing 311,167 units and selling 280,615 units [50] - New energy vehicle exterior parts sales revenue reached 63,562,161.69 USD with a production capacity of 1,050,000 units, producing 324,997 units and selling 305,777 units [50] - The company achieved a net profit attributable to shareholders of 10,549,770 USD in 2023, a year-on-year increase of 680.46%, driven by a one-time gain from the sale of a subsidiary [59] - Automotive parts business revenue accounted for 92.55% of total revenue, with thermal management business revenue increasing by 4.91% to 36,141,840 USD [60] - Exterior parts business revenue decreased by 9.70% to 14,084,190 USD due to a decline in customer vehicle production and sales [60] - Parent company revenue grew by 3.48% to 38,141,760 USD, contributing 70.28% to consolidated revenue, while subsidiary Liuzhou Baling's revenue declined by 12.85% [61] - The company operates production bases in Nanning, Liuzhou, and Indonesia, equipped with flexible manufacturing capabilities and advanced automation systems [55] - The company maintains long-term stable partnerships with major automakers such as SAIC-GM-Wuling, Chery, and Changan, ensuring a solid customer base [58] - The company's subsidiary, Liuzhou Baling Technology Co., Ltd., generated a net profit of RMB 15,898,567.24, contributing significantly to the company's overall profitability [103] - The company's subsidiary, Qingdao Baling Technology Co., Ltd., reported a net profit of RMB 273,794.83, primarily from non-residential real estate leasing [103] - The company's subsidiary, Nanning Shengda Supply Chain Management Co., Ltd., achieved a net profit of RMB 2,617,291.13, mainly from supply chain management services and new metal functional material sales [103] - Revenue from the subsidiary Impression Dinosaur Culture and Art Co., Ltd. was 324.96 million yuan, with a net loss of 26.0065 million yuan due to suspended operations and asset impairment [106] - The subsidiary PT.BALING TECHNOLOGY INDONESIA reported a revenue of 1.9658 million USD, a 57.24% year-on-year decrease, with a net loss of 358,955.39 USD [107] - The subsidiary Chongqing Baling Auto Parts Co., Ltd. achieved a revenue of 769.8228 million yuan, a 4.9% year-on-year increase, with a net profit of 77.9859 million yuan, up 20.95% [107] - The subsidiary Nanning Quanshitai Auto Parts Co., Ltd. reported a revenue of 45.2588 million yuan, a 5.07% year-on-year increase, with a net profit of 3.0116 million yuan, up 116.49% [108] - The subsidiary Shenzhen Wangbo Smart Toilet Innovation Technology Co., Ltd. had no revenue and reported a net loss of 504,090.08 yuan as it has not yet started production [108] - The subsidiary Beijing Hongrun Tianyuan Gene Biotechnology Co., Ltd. had no revenue and reported a net loss of 2.8944 million yuan, continuing its suspension of operations since 2020 [108] - The subsidiary Nanning Baling Investment Fund Partnership (Limited Partnership) reported no revenue and a net loss of 28.7751 million yuan due to bad debt provisions [106] - The subsidiary Liuzhou Baling Technology Co., Ltd. achieved a revenue of 155.3736 million yuan with a net profit of 15.8986 million yuan [105] - The subsidiary Nanning Shengda Supply Chain Management Co., Ltd. reported a revenue of 17.463 million yuan with a net profit of 2.6173 million yuan [105] - The company invested 38 million yuan in Dayaoma Wang, holding 22% of its shares, but has not recovered any funds due to legal disputes [128] - The dinosaur project has been suspended since 2019 due to the Beijing Winter Olympics, and its future remains uncertain [129] - The company acquired 51% of Beijing Hongtian for 907.75 million yuan, but Beijing Hongtian's cumulative operating profit from 2019 to 2021 was -648.82 million yuan, missing the promised 600 million yuan target [131] - The company transferred 15% of its equity in Beijing Hongtian for 10 million yuan, with potential additional income if the disposal and dividend income exceed 12 million yuan [70] - The company invested RMB 13,518,490.74 in the relocation and renovation project of the 100 production base during the reporting period, with a cumulative investment of RMB 43,934,097.29, achieving a progress rate of 20.06% [95] - The relocation of the 100 production base was completed by the end of December 2021, and the intelligent factory renovation of the 200 base is currently underway, with the project extended to June 2025 [95] - The company sold 15% of its equity in Beijing Hongtianyuan Biotechnology Co., Ltd. for RMB 10 million, resulting in an investment income of approximately RMB 6,901.87 million, which was recorded as non-recurring profit and loss [101] - The company increased its investment in Indonesia Baling Technology Co., Ltd. [187] Corporate Governance and Management - The company plans not to distribute cash dividends, issue bonus shares, or convert capital reserve into share capital [5] - The company's future development will focus on the trends of electrification, connectivity, and intelligence in the automotive industry [110] - The company plans to increase R&D investment in 2024, focusing on new energy vehicle battery thermal management systems, motor and electronic control thermal management systems,

南宁八菱科技股份有限公司 审 计 报 告 大信审字[2024]第 4-00273 号 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 15 层 邮编 100083 WUYIGE Certified Public Accountants.LLP 15/F,Xueyuan International Tower No.1Zhichun Road,Haidian Dist. Beijing,China,100083 电话 Telephone： +86（10）82330558 传真 Fax： +86（10）82327668 网址 Internet： www.daxincpa.com.cn 审计报告 大信审字[2024]第 4-00273 号 南宁八菱科技股份有限公司全体股东： 一、审计意见 我们审计了南宁八菱科技股份有限公司（以下简称"贵公司"）的财务报表，包括 2023 年 12 月 31 日的合并及母公司资产负债表，2023 年度的合并及母公司利润表、合并及母公司 现金流量表、合并及母公司股东权益变动表，以及财务报表附注。 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLI ...

南宁八菱科技股份有限公司 非经营性资金占用及其他关 联资金往来情况审核报告 大信专审字[2024]第 4-00023 号 我们接受委托，审计了南宁八菱科技股份有限公司（以下简称"贵公司"）的财务报表， 包括 2023 年 12 月 31 日合并及母公司资产负债表、2023 年度合并及母公司利润表、股东权 益变动表、现金流量表以及财务报表附注，并于 2024 年 3 月 29 日出具"大信审字[2024] 第 4-00273 号"《审计报告》。在对上述财务报表审计基础上，我们审核了贵公司编制的《南 宁八菱科技股份有限公司 2023 年度非经营性资金占用及其他关联资金往来情况汇总表》（以 下简称"非经营性资金占用及其他关联资金往来情况汇总表"）。 WUYIGE Certified Public Accountants.LLP 15/F, Xueyuan International Tower No. 1 Zhichun Road, Haidian Dist. Beijing, China, 100083 电话 Telephone： +86（10）82330558 传真 Fax： +86（10）82327668 网 ...

南宁八菱科技股份有限公司 内控审计报告 大信审字[2024]第 4-00024 号 大信会计师事务所（特殊普通合伙） WUYIGE CERTIFIED PUBLIC ACCOUNTANTS LLP. 大信会计师事务所 北京市海淀区知春路 1 号 学院国际大厦 22 层 2206 邮编 100083 WUYIGE Certified Public Accountants.LLP Room 2206 22/F, Xueyuan International Tower No.1 Zhichun Road, Haidian Dist. Beijing,China,100083 电话 Telephone：+86（10）82330558 传真 Fax： +86（10）82327668 网址 Internet： www.daxincpa.com.cn 内部控制审计报告 大信审字[2024]第 4-00024 号 南宁八菱科技股份有限公司全体股东： 按照《企业内部控制审计指引》及中国注册会计师执业准则的相关要求，我们审计了南 宁八菱科技股份有限公司（以下简称贵公司）2023 年 12 月 31 日的财务报告内部控制的有效 性 ...