Financial Performance - In 2022, the company's operating revenue was 7.648 billion CNY, a decrease of 13% year-on-year, with a net profit of 650 million CNY, down approximately 93% [1] - In Q1 2023, the operating revenue was 1.354 billion CNY, a year-on-year increase of 4.83%, while the net profit attributable to the parent company was -56 million CNY, up 37.33% year-on-year [2] - The gross profit margin in Q1 2023 was 30.13%, an increase of 1.3% year-on-year [2] Market and Product Analysis - In Q1 2023, the domestic market showed slight growth, while the overseas market grew by approximately 30% [2] - Different product categories showed varied performance: door and window hardware, door control, and others saw growth, while home products declined, particularly the Haibeisi brand [2] - The company aims to maintain a balanced ratio between self-produced and non-self-produced products to meet diverse market demands [3] Fundraising and Investment Plans - The company plans to raise no more than 1.99 billion CNY through a private placement, with four key investment projects including a digital smart industrial park and automation upgrades [3][4] - The digital smart industrial park project aims to expand production capacity for existing product lines, while the automation upgrade project focuses on improving production efficiency and reducing costs [4] Strategic Development - The company emphasizes a multi-category strategy to avoid reliance on a single market or product, aiming to build a competitive advantage through a diverse product line [3][7] - The cloud procurement platform accounted for nearly 40% of revenue in 2022, with ongoing optimizations to enhance service and customer engagement [5] - The company is also developing a new platform for C-end home products, differentiating it from the existing B-end cloud procurement platform [5] Competitive Advantages - The company's core competitive advantages include a comprehensive sales model, modern management systems, strong brand presence, high-level R&D capabilities, and an integrated information management platform [7]

Financial Performance - In 2022, the company's annual operating income was 7.648 billion CNY, a year-on-year decrease of 13% [3] - The net profit attributable to the parent company in 2022 was 65 million CNY, a year-on-year decline of approximately 93% [3] - The net cash flow from operating activities in 2022 was 934 million CNY, an increase of 71% compared to the previous year [3] - In Q1 2023, the operating income was 1.354 billion CNY, a year-on-year increase of 4.83% [3] - The net profit attributable to the parent company in Q1 2023 was -56 million CNY, a year-on-year increase of 37.33% [4] - The gross profit margin in Q1 2023 was 30.13%, an increase of 1.3% year-on-year [4] Market and Customer Dynamics - The number of customers remained stable at over 40,000 in 2022, with limited growth in customer numbers compared to previous years [4] - The sales efficiency per customer slightly decreased in 2022 due to a lack of new customer development opportunities [4] - The company focuses on maintaining existing customer relationships while developing new markets and products [6] Inventory and Supply Chain Management - The company's inventory turnover rate has decreased, but overall inventory levels remained stable with slight growth [5] - The company has established over 30 domestic and international warehouses to improve inventory management and delivery efficiency [5] Strategic Outlook - In 2023, the company aims to leverage opportunities in the recovering construction market, focusing on diverse and differentiated market demands [6] - The company plans to continue its strategy of integrated supply for building components, emphasizing collaboration and efficiency [6] - New product categories such as shower rooms, fresh air systems, and charging piles have shown promising growth potential [6] New Product Development - The company is diversifying its product lines to reduce reliance on single markets and products, aiming to cultivate competitive "small giant" products [6] - The introduction of new industries is expected to enhance overall profit margins as scale increases [7]

Financial Performance - Net profit attributable to shareholders of the parent company increased by 37.33% compared to the same period last year, driven by a slight increase in gross margin and dilution of expenses[2] - Total operating revenue for the first quarter was CNY 1,354,479,238.41, an increase of 4.9% compared to CNY 1,292,081,788.46 in the previous period[26] - Net profit for the quarter was CNY -62,061,143.86, an improvement from CNY -89,736,914.46 in the same period last year[27] - The company reported a gross profit margin of approximately -3.1% for the quarter, compared to -7.5% in the previous year[27] - The total comprehensive income attributable to the parent company was -¥59,619,829.68, compared to -¥91,047,608.32 in the previous period[30] - Basic and diluted earnings per share were both -¥0.17, an improvement from -¥0.28 in the same period last year[30] - The net profit attributable to shareholders of the listed company was -¥56,051,476.64, a 37.33% improvement from -¥89,436,019.53 year-on-year[47] Cash Flow - Net cash flow from operating activities increased by 48.37% compared to the same period last year, as cash inflows from operating activities exceeded outflows[3] - The net cash flow from operating activities was -¥359,430,700.01, showing a 48.37% reduction in cash outflow compared to -¥696,139,030.89 in the previous year[47] - Net cash flow from financing activities decreased by 108.48% compared to the same period last year, mainly due to a reduction in cash received from borrowings[3] - The company recovered cash from investments amounting to ¥929,000,000.00, significantly higher than ¥388,000,000.00 in the previous year[34] - The cash outflow from investing activities totaled ¥1,112,732,377.33, compared to ¥566,533,564.32 in the previous year[34] Assets and Liabilities - The total current assets at the end of the reporting period amounted to RMB 7,254,140,761.82, a decrease from RMB 7,939,421,921.86 at the beginning of the year[15] - Total assets decreased to CNY 9,870,081,296.16 from CNY 10,546,141,415.51, a decline of 6.4%[21] - Total liabilities decreased to CNY 4,912,310,191.27 from CNY 5,524,038,742.71, a reduction of 11.1%[21] - The company's cash and cash equivalents were not specified, but the overall liquidity position appears to have improved given the reduction in current liabilities[21] - The company reported a significant decrease in accounts payable from CNY 2,596,550,135.79 to CNY 2,348,536,448.73, a reduction of 9.6%[21] - Trading financial assets increased by 38.96% due to the purchase of wealth management products and structured deposits[60] - Other payables grew by 69.32%, primarily due to an increase in dividends payable[61] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 21,346[4] - The largest shareholder, Bai Baokun, holds 37.41% of the shares[4] Strategic Initiatives - The company signed an investment cooperation framework agreement with the People's Government of Xiaolan Town, aiming to establish a digital intelligent industrial park[11] - The company plans to issue A-shares to specific investors, with a total fundraising amount not exceeding RMB 1,990 million[12] - The company plans to focus on market expansion and new product development in the upcoming quarters[29] Research and Development - Research and development expenses were CNY 58,729,926.44, down from CNY 66,036,385.14, indicating a decrease of 11.0%[26] Non-Recurring Items - The company did not recognize any non-recurring gains or losses during the reporting period[50]

Financial Performance - The company reported a total revenue of 321,540,000 RMB for the year 2022, with a cash dividend of 1 RMB per 10 shares distributed to shareholders [24]. - The company's operating revenue for 2022 was ¥7,648,270,271.32, a decrease of 13.16% compared to ¥8,806,825,398.72 in 2021 [48]. - The net profit attributable to shareholders for 2022 was ¥65,559,444.77, down 92.63% from ¥889,382,845.80 in 2021 [48]. - The net profit after deducting non-recurring gains and losses was ¥38,387,204.39, a decline of 95.64% compared to ¥880,975,195.83 in 2021 [48]. - The total revenue for 2022 was CNY 7,648,270,271.32, down 13.16% from CNY 8,806,825,398.72 in 2021 [89]. - The company achieved a revenue of 132.895 billion CNY in 2022, a decrease of 10.0% compared to the previous year [130]. Industry Challenges - The construction hardware industry is currently facing significant financial pressure due to regulatory policies, impacting the building accessory sector [43]. - The gross margin for the construction hardware industry was 30.29%, down by 5.06% year-on-year [87]. - The total construction area for real estate development in 2022 was 904.999 million square meters, down 7.2% year-on-year [130]. Strategic Initiatives - The company plans to expand into smart home and security markets, enhancing its product offerings in intelligent locks and other related fields [46]. - The company aims to continue its strategic partnerships with high-end foreign brands to meet the demand for consumption upgrades [46]. - The company is positioned as a leading integrated supplier of building components, focusing on new markets and products to counteract the downturn in the real estate sector [80]. - The company has established a strong production design capability and rapid response production management level, enabling one-stop procurement services for various construction hardware needs [46]. - The company has developed a comprehensive project collaboration system to meet the increasing demand for "one-stop services" in the market [78]. Sales and Distribution - The company has over 1,000 domestic and international sales outlets, enhancing its channel construction [81]. - The company has a sales network of over 1,000 points and a sales team of more than 6,800 people, with plans for further expansion based on market conditions [138]. - The revenue from direct sales was CNY 7,513,154,447.09, a decrease of 13.22% year-on-year [90]. - The domestic revenue was CNY 6,878,740,489.91, down 15.87% compared to the previous year [90]. Research and Development - The company has been recognized as a high-tech enterprise since 2009 and has received multiple awards for its technological innovations [75]. - The company completed the research on a hidden hinge technology that allows windows to open at any angle between 0° and 180°, enhancing product applicability and market competitiveness [111]. - The company developed a new railing system that does not require glass clamps, catering to market demand, especially in developing countries [111]. - The company is focusing on developing child safety micro-ventilation limit technology for outward-opening windows, addressing safety concerns and expanding market potential [1]. - Research and development expenses decreased to RMB 206,526,966.67 in 2022 from RMB 227,292,658.27 in 2021, reflecting a decline of about 9.1% [176]. Financial Health - The company's cash flow from operating activities increased by 71.12% to ¥934,950,141.95 in 2022 from ¥546,362,529.25 in 2021 [48]. - The total assets at the end of 2022 were ¥10,546,141,415.51, reflecting a 5.75% increase from ¥9,972,675,836.72 at the end of 2021 [48]. - As of December 31, 2022, the company's accounts receivable balance was RMB 4,261,104,142.03, with a bad debt provision of RMB 360,462,478.35, resulting in a net value of RMB 3,900,641,663.68, which accounts for 36.99% of total assets [157]. - The company's cash and cash equivalents increased to RMB 1,274,995,868.13 from RMB 1,144,421,153.86 at the beginning of the year, reflecting a growth of approximately 11.4% [171]. - Total current assets decreased to RMB 4,139,354,796.15 from RMB 4,728,962,040.44, indicating a decline of about 12.5% year-over-year [171]. Cost Management - Operating costs for 2022 were RMB 7,387,778,211.04, down from RMB 7,554,567,913.59 in 2021, indicating a reduction of approximately 2.2% [200]. - The cost of materials in the construction hardware industry was ¥4,326,825,392.45, accounting for 81.05% of the total operating costs, down from 81.37% in 2021 [96]. - Labor costs increased by 33.96% to ¥434,622,870.26, representing 8.14% of operating costs, compared to 5.69% in 2021 [96]. - Total sales expenses for 2022 reached ¥1,276,308,731.48, an increase of 15.16% compared to 2021 [111]. Acquisitions and Investments - The company acquired control of Guangdong Jianlang Siborui Construction Engineering Co., Ltd. on May 31, 2022, through a share transfer agreement [100]. - The company has a 40% stake in Shanxi Xinandong Sealing and Insulation Systems Co., Ltd., which is included in the consolidated financial statements [98]. - Long-term equity investments rose to RMB 1,927,301,354.88 from RMB 1,605,188,070.15, representing an increase of approximately 20% [171]. Audit and Compliance - The company reported a standard unqualified audit opinion for the financial statements for the year ended December 31, 2022 [154]. - The company's management is responsible for assessing the company's ability to continue as a going concern, which is crucial for future operational strategies [161].

Financial Performance - The company's 2022 annual revenue decreased by approximately 13% year-on-year, with a decline of 18%-19% in Q4 revenue compared to the previous year [2] - Q4 net profit attributable to shareholders was around 50 million, with a gross margin decline of about 1%-2% compared to previous years [2] - The cash flow from operations showed slight improvement year-on-year [3] Raw Material Prices - Current raw material prices remain high, but there is expected downward potential in the future [3] - The fluctuation in raw material prices has significantly impacted the company's gross margin in 2022 [3] Sales and Personnel Strategy - The company maintained a sales team of over 6,000 by the end of Q4 2022, with a year-on-year increase of about 5% [3] - In 2023, the company plans to control the increase in sales personnel while selectively adding staff in regions that exceed annual targets [3] Accounts Receivable and Cash Flow - The balance of accounts receivable and notes receivable at the end of 2022 remained stable compared to the beginning of the year, with a cash collection ratio exceeding 100% [3] - The operating cash flow showed slight improvement compared to 2021 [3] International Market Development - The company has been focusing on overseas market expansion, particularly in Southeast Asia, with local subsidiaries established for better operational efficiency [4] - The overseas market showed significant growth in Q4, primarily due to the relaxation of pandemic policies [4] New Market Strategies - The company is increasing its focus on county-level markets, where competition is lower and brand influence is higher [5] - The revenue from the real estate sector has been declining, with approximately 60% of revenue historically coming from real estate and over 30% from non-real estate sectors [7] Future Outlook - The company remains optimistic about market recovery, particularly in first-tier and provincial cities, as well as economically promising county-level cities [5] - The company plans to expand its product categories while ensuring synergy with existing offerings [6]

证券代码：002791 证券简称：坚朗五金 编号：2016-01 | --- | --- | --- | |----------------|--------------------------|-------------------------------------------------------| | | √ | 特定对象调研 □分析师会议 | | 投资者关系活动 | □ | 媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | | □ 现场参观 | | | | □ | 其他 （请文字说明其他活动内容） | | | | 国泰君安证券股份有限公司：马丁、韩依凡 | | 参与单位名称及 | | 深圳前海上达资本管理有限公司：赖筠晔 | | 人员姓名 | | 深圳聚沣资本管理有限公司：陈国富 | | | | 广州中楷股权投资基金管理有限公司：罗志明 | | 时间 | 2016 年 7 月 13 | 日 | | 地点 | 公司总部 1 栋 2 | 层会议室 | | 上市公司接待人 | 财务总监：孙知 | | | 员姓名 | 董事会办公室：韩爽、李奇 | | | 投资者关系活动 | ...

证券代码：002791 证券简称：坚朗五金 编号：2017-002 广东坚朗五金制品股份有限公司 投资者关系活动记录表 | --- | --- | --- | |----------------|------------------------------|--------------------------------------------------------| | | √ | 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 （请文字说明其他活动内容） | | 参与单位名称及 | | 中欧基金管理有限公司：刘晨、汤杰 | | 人员姓名 | | | | 时间 | 2017 年 5 月 10 日 | | | 地点 | 公司总部会议室 | | | | 董事会秘书：殷建忠 | | | 上市公司接待 | 财务总监：孙知 | | | 人员姓名 | 证券事务代表：韩爽 | | | 投资者关系活动 | 1 | 、目前公司产能的进展，未来的产能规划？ | | 主要内容介绍 | ...

证券代码：002791 证券简称：坚朗五金 编号：2017-003 广东坚朗五金制品股份有限公司 投资者关系活动记录表 | --- | --- | --- | |-----------------------------|-----------------------------------|------------------------------------------------------| | | √ | 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 （请文字说明其他活动内容） | | 参与单位名称及 | 兴业证券股份有限公司：李华丰 | | | 人员姓名 | | | | 时间 | 2017 年 5 月 17 日 | | | 地点 | 公司总部会议室 | | | 上市公司接待 | 董事会秘书：殷建忠 财务总监：孙知 | | | 人员姓名 | 证券事务代表：韩爽 | | | 投资者关系活动 主要内容介绍 | 1、 2008 | 年以来房地产市场快速增长，五 ...