运动·快乐·梦想 证券代码：002780 证券简称：三夫户外 公告编号：2024-088 北京三夫户外用品股份有限公司 关于担保进展及关联交易的公告 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。 一、 担保情况概述 北京三夫户外用品股份有限公司（以下简称"公司"）分别于 2024 年 4 月 28 日、2024 年 5 月 24 日召开第五届董事会第三次会议、2023 年度股东大会，审议通过了《关于公司 2024 年度对外担保额度预计的议案》，同意公司对合并报表范围内的子公司向银行等金融机构进行 融资需求时提供连带责任保证担保，担保总额度为 7,000 万元人民币。额度有效期为自 2023 年度股东大会审议通过之日起至 2024 年度股东大会召开之日止。授权公司可以根据实际情 况，在上述额度范围内，在符合要求的担保对象之间进行担保额度的调剂。担保情况如下表： | | | | 被担保方最 | 审议批准 | 担保额度占上 | 是否关联 | | --- | --- | --- | --- | --- | --- | --- | | 担保方 | 被担保方 | 担保方 ...

运动·快乐·梦想 证券代码：002780 证券简称：三夫户外 公告编号：2024-090 关于召开 2025 年第一次临时股东大会的通知 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。 一、召开会议的基本情况 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：2025 年 1 月 3 日上午 09:15～09:25、09:30～11:30，下午 13:00～15:00； 通过深圳证券交易所互联网投票系统进行投票的具体时间为：2025 年 1 月 3 日上午 09:15 至下午 15:00 期间的任意时间。 2024 年 12 月 27 日下午收市时在中国证券登记结算有限公司深圳分公司登记在册的 公司全体普通股股东均有权出席股东大会，并可以以书面形式委托代理人出席会议和参 加表决，该股东代理人不必是本公司股东（授权委托书模板详见附件 3）。 第 1 页 共 6 页 北京三夫户外用品股份有限公司 1、 股东大会届次：2025 年第一次临时股东大会 2、 股东大会的召集人：公司董事会 3、 会议召开的合法、合规性：本次股东大会会议召开符合有关法律、行政法规、部门规 ...

运动·快乐·梦想 证券代码：002780 证券简称：三夫户外 公告编号：2024-086 北京三夫户外用品股份有限公司 关于 2025 年度日常关联交易预计的公告 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。 一、 日常关联交易基本情况 （一） 日常关联交易概述 北京三夫户外用品股份有限公司（以下简称"公司"）及子公司（含合并报表范围内的控 股子公司、控股孙公司等，下同）因日常业务经营需要，预计 2025 年拟与克拉特慕森（北京） 户外用品有限公司（以下简称"克拉特慕森"）开展货品采购和提供供应链及技术服务日常关 联交易，预计金额不超过 6,578 万元，自股东大会审议通过之日起生效。 上述日常关联交易预计事项，公司于 2024 年 12 月 18 日召开第五届董事会独立董事专门 会议第十次会议、第五届董事会第十二次会议以及第五届监事会第十二次会议，审议通过了 《关于 2025 年度日常关联交易预计的议案》。 本次关联交易事项尚需提交股东大会审议。 | 关联交易类别 | 关联人 | 关联交易内容 | 关联交易定 | 2025 | 年度预计 | | 2024 ...

运动·快乐·梦想 证券代码：002780 证券简称：三夫户外 公告编号：2024-087 北京三夫户外用品股份有限公司 关于控股股东、实际控制人为公司向银行申请授信额度提供担保 暨关联交易的公告 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。 一、 担保情况概述 北京三夫户外用品股份有限公司（以下简称"公司"）于 2024 年 12 月 18 日召开第五届 董事会第十二次会议、第五届监事会第十二次会议，审议通过了《关于控股股东、实际控制 人为公司向银行申请授信额度提供担保暨关联交易的议案》，因公司日常经营需要，公司拟向 广发银行股份有限公司北京日坛支行（以下简称"广发银行北京日坛支行"）申请综合授信额 度 2,000 万元，授信期限一年，年化利率为不高于同期 LPR 利率。公司控股股东、实际控制 人张恒先生及其配偶就前述授信事项向广发银行北京日坛支行提供个人连带责任保证担保, 该担保不向公司收取任何担保费用，也不需要公司提供反担保。同时，授权公司总经理张恒 代表公司签署与该授信事项相关的合同、还款协议等所有合同、协议及文件。协议具体内容 以公司与广发银行北京日 ...

Investment Rating - The report initiates coverage on Sanfo Outdoor with a "Buy" rating, citing the company's strong brand portfolio and the high-growth potential of the outdoor apparel and footwear sector [5][7] Core Views - Sanfo Outdoor is transitioning from a traditional retailer to a brand operator, focusing on "owned brands + exclusive agency brands" as its core strategy [1][3] - The outdoor apparel and footwear sector is experiencing rapid growth, driven by the popularity of outdoor activities such as camping, skiing, and cycling, as well as supportive government policies [2] - The company has built a robust brand matrix, including the acquisition of X-BIONIC and exclusive agency rights for several premium outdoor brands like CRISPI and Houdini, positioning itself for long-term growth [3][4] Financial Summary - Revenue is projected to grow from 877.8 million RMB in 2024 to 1.41 billion RMB in 2026, with a CAGR of 24.4% [5] - Net profit is expected to increase from 34.3 million RMB in 2024 to 85.4 million RMB in 2026, driven by the scaling effects of its brand operations [5] - The company's PE ratio is forecasted to decline from 67x in 2024 to 27x in 2026, reflecting improving profitability [5] Brand Portfolio - Sanfo Outdoor has established a comprehensive brand portfolio, including owned brands like X-BIONIC and exclusive agency brands such as CRISPI, Houdini, and La Sportiva [3][66] - X-BIONIC, a Swiss high-tech sports brand, has become the core growth driver, with revenue increasing from 92.7 million RMB in 2021 to 214.9 million RMB in 2023, representing a CAGR of 52% [68][77] - The company's exclusive agency brands are also growing rapidly, with CRISPI's revenue reaching 79.77 million RMB in 2023, up 97% YoY [86] Operational Capabilities - Sanfo Outdoor has strengthened its product development capabilities by collaborating with top-tier material suppliers like GORE-TEX and Schoeller, enhancing the quality and functionality of its products [4][101] - The company is expanding its retail presence by opening single-brand stores in high-end commercial areas and premium ski resorts, reinforcing its premium positioning [4] - Sanfo Outdoor leverages its long-established membership club and outdoor service ecosystem to engage with target consumers and enhance brand exposure [4] Industry Outlook - The outdoor apparel and footwear sector is one of the fastest-growing segments in the sportswear industry, with a projected CAGR of 13.4% for outdoor footwear and 12.4% for outdoor apparel from 2024 to 2028 [50][54] - Government policies, such as the "Outdoor Sports Industry Development Plan (2022-2025)," aim to promote outdoor sports as a new growth driver for domestic consumption, with a target industry size exceeding 3 trillion RMB by 2025 [56][57] - The popularity of outdoor activities like skiing and cycling, coupled with the rise of new trends such as "mountain style" and eco-friendly fashion, is driving demand for high-quality outdoor products [50][86]

Financial Performance - The company's revenue for Q3 2024 was ¥171,566,587.80, representing a decrease of 5.09% compared to the same period last year[3]. - Net profit attributable to shareholders was ¥387,594.21, down 43.85% year-on-year, while the net profit excluding non-recurring items was ¥122,348.40, an increase of 168.17%[3]. - Total operating revenue for the third quarter was CNY 499,869,101.05, a decrease of 7.5% compared to CNY 540,609,317.08 in the same period last year[19]. - Net profit for the period was CNY 734,664.90, a significant decline of 89.1% from CNY 6,762,339.02 in the previous year[20]. - The company reported a decrease in sales revenue from CNY 593,496,432.76 to CNY 554,539,452.25 in cash flow from operating activities, reflecting a decline of 6.6%[21]. - Earnings per share decreased to CNY 0.0543 from CNY 0.0764, a decline of 29.1%[20]. Assets and Liabilities - The total assets at the end of the reporting period were ¥1,195,806,288.94, reflecting an increase of 8.21% from the end of the previous year[3]. - As of the end of Q3 2024, total assets amounted to 1.20 billion RMB, up from 1.11 billion RMB at the beginning of the year[17]. - Current assets totaled approximately 718.39 million RMB, compared to 657.09 million RMB at the start of the year, indicating a growth of 9.31%[16]. - The total liabilities rose to CNY 488,056,039.08, an increase of 22.7% from CNY 398,038,035.22 year-on-year[18]. - Non-current liabilities include lease liabilities of 80.03 million RMB, an increase from 64.43 million RMB[17]. Cash Flow - Cash flow from operating activities showed a net outflow of ¥60,177,820.10, a decrease of 153.72% compared to the same period last year[3]. - The net cash flow from operating activities was -$60.18 million, a decrease from -$23.72 million in the previous period[23]. - Total cash inflow from operating activities was $564.75 million, down from $609.80 million year-over-year[23]. - Cash outflow for operating activities totaled $624.93 million, slightly decreased from $633.52 million[23]. - Cash flow from investing activities showed a net outflow of -$6.88 million, compared to -$53.84 million previously[23]. - Cash inflow from financing activities was $165.09 million, down from $213.72 million in the prior period[23]. - The ending balance of cash and cash equivalents was $50.14 million, compared to $51.10 million at the end of the previous period[24]. Investment and Shareholder Information - Long-term equity investments surged by 773.54% as a result of a change in the accounting method for a subsidiary[6]. - The company reported a significant increase in investment income of 10,194.44% due to the change in accounting treatment of a subsidiary[9]. - The total equity attributable to shareholders was ¥697,331,835.43, reflecting a slight increase of 1.24% from the previous year[3]. - The company's total equity attributable to shareholders increased to CNY 697,331,835.43, up from CNY 688,769,463.45, reflecting a growth of 1.8%[18]. - The number of ordinary shareholders at the end of the reporting period was 18,210, with the largest shareholder holding 20.74% of the shares[10]. Research and Development - Research and development expenses increased by 64.52% year-on-year, indicating a significant investment in innovation[9]. - Research and development expenses increased to CNY 12,606,483.95, up 64.5% from CNY 7,662,455.60 in the previous year[19]. Inventory and Sales - The company's inventory increased by 30.09% compared to the beginning of the period, primarily due to the arrival of autumn and winter seasonal goods[6]. - Inventory increased to 516.87 million RMB from 397.32 million RMB, representing a rise of 30.06%[16]. - For the first nine months of 2024, X-BIONIC brand achieved revenue of 158.62 million RMB, a year-on-year increase of 50.08%[15]. - CRISPI brand generated revenue of 59.53 million RMB, reflecting a year-on-year growth of 32.33%[15]. - Combined revenue for LA SPORTIVA, MYSTERY RANCH, and DANNER brands reached 75.57 million RMB, with a year-on-year increase of 22.92%[15]. Operational Developments - The company is in the process of a private placement of shares, which has been accepted by the Shenzhen Stock Exchange[15]. - The company has established a comprehensive online and offline sales network to meet diverse consumer needs[15].

股票简称：三夫户外 股票简称：002780 北京三夫户外用品股份有限公司 （Beijing Sanfo Outdoor Products Co., Ltd） （北京市昌平区陈家营西路 3 号院 23 号楼） 向特定对象发行 A 股股票 募集说明书 （修订稿） 保荐机构（主承销商） （北京市西城区闹市口大街 9 号院 1 号楼） 二〇二四年九月 北京三夫户外用品股份有限公司向特定对象发行股票 募集说明书 声 明 公司及全体董事、监事、高级管理人员承诺本募集说明书不存在任何虚假记 载、误导性陈述或重大遗漏，并对其真实性、准确性、完整性承担相应的法律责 任。 公司负责人、主管会计工作负责人及会计机构负责人保证本募集说明书中财 务会计报告真实、准确、完整。 证券监督管理机构及其他政府部门对本次发行所作的任何决定，均不表明其 对发行人所发行证券的价值或投资者的收益作出实质性判断或者保证。任何与之 相反的声明均属虚假不实陈述。 根据《证券法》的规定，证券依法发行后，发行人经营与收益的变化，由发 行人自行负责，由此变化引致的投资风险，由投资者自行负责。投资者如有任何 疑问，应咨询自己的股票经纪人、律师、专业会计师或其他专业 ...

6-1-1 | 序号 | 内 容 | 页码 | | --- | --- | --- | | 1 | 审计报告 | 1 - 6 | | 2 | 合并资产负债表 | 7 | | 3 | 合并利润表 | 8 | | 4 | 合并现金流量表 | 9 | | 5 | 合并所有者权益变动表 | 10 | | 6 | 母公司资产负债表 | 11 | | 7 | 母公司利润表 | 12 | | 8 | 母公司现金流量表 | 13 | | 9 | 母公司所有者权益变动表 | 14 | | 10 | 财务报表附注 | 15 - 127 | 6-1-2 审 计 报 告 容诚审字[2024]251Z0057 亏 北京三夫户外用品股份有限公司全体股东: 一、审计意见 我们审计了北京三夫户外用品股份有限公司(以下简称"三夫户外")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、合并及母公司所有者权益变动表以及相关 财务报表附注。 我们认为,后附的财务报表在所有重大方面按照企业会计准则的规定编制, 公允反映了三夫户外 2023 年 12 月 31 日的合并 ...

证券代码：002780 证券简称：三夫户外 公告编号：2024-078 北京三夫户外用品股份有限公司 关于申请向特定对象发行股票的审核问询函回复及 运动·快乐·梦想 公司收到审核问询函后，会同相关中介机构对审核问询函所列问题进行了认真研究和逐 项回复。同时，鉴于公司《2024 年半年度报告》已经披露，公司会同相关中介机构根据相关 要求对募集说明书等申请文件进行了修订更新，具体内容详见公司于 2024 年 9 月 27 日在巨 潮资讯网（www.cninfo.com）披露的《北京三夫户外用品股份有限公司申请向特定对象发行 股票的审核问询函之回复》《北京三夫户外用品股份有限公司向特定对象发行 A 股股票募集说 明书（修订稿）》等相关公告文件。 公司本次向特定对象发行股票事项尚需通过深交所审核，并获得中国证券监督管理委员 会（以下简称"中国证监会"）作出同意注册的决定后方可实施。最终能否通过深交所审核， 并获得中国证监会同意注册的决定及其时间尚存在不确定性。公司将根据该事项的进展情况 按照相关规定及时履行信息披露义务，敬请广大投资者注意投资风险。 特此公告。 北京三夫户外用品股份有限公司董事会 二〇二四年九月二十七 ...

关于北京三夫户外用品股份有限公司 申请向特定对象发行股票的审核问询函中 有关财务会计问题的专项说明 容诚专字[2024]251Z0270 号 容诚会计师事务所(特殊普通合伙) 中国·北京 | 问题 | 1 | 1 | | --- | --- | --- | | 问题 | 2 | 4 | | 问题 | 3 | 94 | 容诚会计师事务所（特殊普通合伙） 总所：北京市西城区阜成门外大街 22 号 外经贸大厦 15 层 / 922-926 (100037) TEL:010-6600 1391 FAX:010-6600 1392 E-mail:bj@rsmchina.com.cn https://www.rsm.global/china/ 关于北京三夫户外用品股份有限公司 申请向特定对象发行股票的审核问询函中 有关财务会计问题的专项说明 容诚专字[2024]251Z0270 号 深圳证券交易所： 请保荐人和发行人律师核查并发表明确意见，请会计师核查（5）并发表明 确意见。 【回复】 一、其他业务收入的明细，涉及的业务是否符合相关产业政策要求，报告期 内其他业务收入波动的原因 （一）其他业务情况 根据贵所 2024 年 ...