实丰文化发展股份有限公司 2022 年第一季度报告全文 证券代码：002862 证券简称：实丰文化 公告编号：2022-022 实丰文化发展股份有限公司 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、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） | 73,626,218.54 | 87,461,762.27 | -15.82% | | 归属于上市公司股东的净利润（元） | 1,926,418.61 | 2,261,30 ...

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。 实丰文化发展股份有限公司 2021 年第三季度报告 证券代码：002862 证券简称：实丰文化 公告编号：2021-066 实丰文化发展股份有限公司 2021 年第三季度报告 其他符合非经常性损益定义的损益项目的具体情况： 3.第三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 | 本报告期比上年同期 | 年初至报告期末 | 年初至报告期末比上 | | --- | --- | --- | --- | --- | | | | 增减 | | 年同期增减 | | 营业收入（元） | 112,057,462.09 | 14.80% | ...

Financial Performance - The company's operating revenue for the first half of 2021 was ¥177,110,633.90, representing a 68.25% increase compared to ¥105,267,603.57 in the same period last year[20]. - The net profit attributable to shareholders was ¥4,248,689.84, a significant turnaround from a loss of ¥15,811,339.52 in the previous year, marking a 126.87% improvement[20]. - The basic earnings per share increased to ¥0.0354 from a loss of ¥0.13, reflecting a 127.23% increase[20]. - The company's revenue for the reporting period reached 177,110,633.90 CNY, an increase of 68.25% year-on-year[29]. - Net profit attributable to shareholders was 4,248,689.84 CNY, up 126.87% year-on-year[29]. - The company reported a total comprehensive income of CNY 14,976,731.75 for the first half of 2021, compared to a loss of CNY 10,759,826.16 in the same period last year[160]. - The gross profit margin for the first half of 2021 was reported at 30%, indicating strong operational efficiency[120]. - The net profit for the first half of 2021 reached CNY 14,976,731.75, compared to a net loss of CNY 10,759,826.16 in the first half of 2020, indicating a turnaround in profitability[160]. Assets and Liabilities - The company's total assets at the end of the reporting period were ¥681,326,684.85, a slight increase of 0.85% from ¥675,614,231.33 at the end of the previous year[20]. - The total assets of the company as of June 30, 2021, amounted to CNY 730,707,652.10, compared to CNY 714,311,990.40 at the end of 2020, showing a slight increase of approximately 2.3%[151]. - The total liabilities increased to CNY 166,768,288.86 from CNY 162,299,501.15, indicating a rise of about 2.9%[152]. - The company's equity attributable to shareholders reached CNY 563,939,363.24, up from CNY 552,012,489.25, reflecting an increase of approximately 2.5%[152]. Cash Flow - The net cash flow from operating activities improved to -¥24,274,820.48, a 48.96% reduction in losses compared to -¥47,556,640.33 in the same period last year[20]. - The cash flow from operating activities was CNY 153,298,917.43, an increase from CNY 97,086,755.50 in the first half of 2020, indicating improved cash generation[161]. - Total cash inflow from operating activities was 168,499,378.71 CNY, while cash outflow was 192,774,199.19 CNY, resulting in a net cash flow deficit[162]. - The total cash and cash equivalents at the end of the period were 110,488,929.98 CNY, down from 118,049,111.89 CNY in the previous period[167]. Market and Product Development - The company exported toys to nearly 100 countries and regions, with self-produced and toy trading revenue accounting for 98.61% of total revenue[30]. - The company launched the third-generation AI robot dog, which won an award at the third Intelligent Terminal Awards, highlighting its entry into the children's smart terminal market[37]. - The company has obtained multiple brand authorizations for popular IPs, enhancing its product offerings and market appeal[40]. - The company is focusing on talent development and management to support its growth, especially as it transitions towards integrating high technology and culture into its products[75]. - The company aims to expand its market presence in the cultural and educational products sector, focusing on innovation and technology development[184]. Risks and Challenges - The company faces risks from changes in import country policies, particularly regarding toy safety standards, which could impact export growth[71]. - The domestic toy industry is experiencing increased competition, with many small enterprises adopting low-price strategies that could negatively affect the company's sales[72]. - Material costs account for approximately 70% of the company's production costs, and fluctuations in raw material prices could impact profit margins[73]. - Rising labor costs due to demographic changes and government wage increases pose a risk to the company's operational performance[74]. - Currency exchange rate fluctuations, particularly between the RMB and USD, can significantly affect the company's profitability and competitive pricing in foreign markets[76]. Corporate Governance and Shareholder Relations - The company emphasizes the protection of shareholder and creditor rights, ensuring transparency and equal access to information for all investors[90]. - The annual shareholders meeting had a participation rate of 52.85% on April 29, 2021, where several key proposals were approved, including the 2020 annual report and profit distribution plan[80]. - The company has established a good interactive platform for communication with investors, enhancing transparency and trust[90]. - The company has ongoing commitments related to shareholding and stock transfer limitations, ensuring that no more than 25% of shares can be transferred annually during the lock-up period[95]. Research and Development - Research and development investment slightly increased by 1.66% to ¥4,835,491.29, indicating ongoing commitment to innovation[51]. - The company aims to increase its R&D investment by 40% in the upcoming fiscal year to support innovation[174]. - The company is actively involved in research and development of new products, including smart home products and robotics systems[188]. Strategic Initiatives - The company plans to focus on new product development and market expansion strategies in the upcoming quarters[170]. - The company has identified potential acquisition targets to enhance its competitive position in the market[174]. - A strategic acquisition is planned to enhance the company's technological capabilities, expected to be finalized by Q4 2021[120].

Financial Performance - The company's operating revenue for 2020 was ¥251,054,802.27, a decrease of 35.30% compared to ¥388,051,043.25 in 2019[16] - The net profit attributable to shareholders was -¥40,984,118.02, representing a decline of 594.95% from a profit of ¥8,280,422.31 in the previous year[16] - The diluted earnings per share for 2020 was -¥0.34, down 585.71% from ¥0.07 in 2019[16] - The total assets at the end of 2020 were ¥675,614,231.33, an increase of 4.14% from ¥648,773,281.24 at the end of 2019[16] - The company reported a net cash flow from operating activities of -¥22,298,699.15, a decrease of 194.51% compared to ¥23,593,023.95 in 2019[16] - The weighted average return on equity was -7.48% in 2020, down 8.94% from 1.46% in 2019[16] - The net profit after deducting non-recurring gains and losses was -¥39,722,167.41, a decline of 1,500.80% from ¥2,835,673.53 in 2019[16] - The company reported a total revenue of ¥251,054,802.27 in 2020, a decrease of 35.30% year-on-year[39] - The net profit attributable to shareholders was -¥40,984,118.02, down 594.95% compared to the previous year[39] - The net cash flow from operating activities was -¥22,298,699.15, representing a decline of 194.51% year-on-year[39] Market and Product Development - The company reported a total of 1,000+ product varieties, with over 50% of revenue coming from electric remote control toys, infant toys, and car model toys[26] - The company has established a global marketing network, exporting products to nearly 100 countries and regions, and has built long-term relationships with hundreds of overseas clients[32] - The company is recognized as a national high-tech enterprise and has a well-established R&D team capable of handling the entire product development process[31] - The company has implemented a dual-channel marketing strategy combining online and offline sales to enhance product distribution[26] - The company has actively expanded its domestic market presence by establishing new departments and collaborating with regional distributors[32] - The company focused on developing high-cost performance and intelligent products, maintaining its R&D system in 2020[40] - The company plans to reduce the loss of key overseas customers while moderately relaxing the expansion of the domestic market[40] Inventory and Production - The inventory of self-manufactured toys increased by 410.95% to 2,112,372 units due to shipping container shortages and increased freight costs[51] - The sales volume of self-manufactured toys decreased by 24.25% to 6,049,376 units, while the trading business sales volume slightly increased by 0.63% to 11,511,742 units[50] - The company’s gross profit margin for self-manufactured toys was 51.66%, down from 56.05% in the previous year[53] - The total cost of goods sold for the toy business was CNY 213,571,929.56, a decrease of 30.33% compared to the previous year[53] Cash Flow and Financing - The net cash inflow from operating activities decreased by 194.51% year-on-year, primarily due to slower cash turnover and decreased revenue caused by the pandemic[63] - The net cash outflow from investment activities decreased by 74.08% year-on-year, mainly due to reduced financial management funds[63] - The net cash inflow from financing activities increased by 32.49% year-on-year, attributed to increased bank borrowings to meet operational needs[63] - The total cash and cash equivalents increased by 226.68% year-on-year, reaching 8,453,039.82 yuan[63] Shareholder and Governance - The company has maintained a stable core management team and established a comprehensive corporate governance structure during its rapid development in recent years[100] - The company has not engaged in any major mergers or acquisitions during the reporting period, maintaining its current operational strategy[157] - The company has a total of 6,000,000 unrestricted shares held by shareholder Lan Nina[168] - The company has not issued any new shares or undergone any significant changes in its capital structure during the reporting period[166] - The company has appointed new independent directors, including Huang Yipeng, Jin Peng, and Zhong Ke, on October 23, 2020, as part of its board restructuring[182] Employee and Management - The total number of employees in the company is 520, with 443 in the parent company and 77 in major subsidiaries[191] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 298.94万元[190] - The highest remuneration was received by the General Manager, Cai Junquan, totaling 40.36万元[190] - The company has implemented a talent strategy focusing on employee development and satisfaction, ensuring a skilled workforce[152] - The management team includes a diverse educational background, with positions held by individuals with qualifications ranging from bachelor's to doctoral degrees[187] Social Responsibility and Community Engagement - The company emphasizes social responsibility, focusing on creating value for customers and opportunities for employees, while maintaining a commitment to environmental protection[149][156] - The company has actively participated in social welfare activities, contributing to community development[154] Future Outlook and Strategy - The company plans to continue expanding its market presence and product offerings in the future[74] - The company is focusing on expanding its marketing network in emerging markets, where growth rates are significantly higher compared to mature markets[91] - The company plans to enhance its R&D capabilities by focusing on gift lines and improving technology support for smart products[96] - The company aims to upgrade its manufacturing processes through automation to improve production efficiency and meet the demands of its smart product line[96]

实丰文化发展股份有限公司 2021 年第一季度报告全文 实丰文化发展股份有限公司 2021 年第一季度报告 2021 年 04 月 1 实丰文化发展股份有限公司 2021 年第一季度报告全文 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。 实丰文化发展股份有限公司 2021 年第一季度报告全文 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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 87,461,762.27 | 44,105,872.29 | 98.30% | | 归属于上市公司股东的净利润（元） | 2,261,301.49 | -4,736,622.87 | 147.74% | | 归属于上市公司股东的扣除非经常性损 益的净利润（元） | 2,169,235.88 | -5,103 ...

Financial Performance - Operating revenue for the reporting period was ¥97,609,754.75, a decrease of 23.06% year-on-year[7]. - Net profit attributable to shareholders was -¥3,586,752.93, representing a decline of 129.26% compared to the same period last year[7]. - Basic earnings per share were -¥0.03, down 130.00% year-on-year[7]. - The weighted average return on net assets was -0.63%, a decrease of 129.30% compared to the previous year[7]. - The company expects a cumulative net profit loss of between CNY -4,000 million and -3,500 million for the year, indicating a significant decline compared to the previous year[21]. - The company reported a significant increase in financial expenses, totaling CNY 5,204,800.36, compared to a negative CNY 3,558,201.35 in the previous year[40]. - The total comprehensive income for the third quarter was a loss of CNY 3,799,269.08, compared to a gain of CNY 12,487,817.90 in the previous year[41]. - The net profit for the third quarter was a loss of approximately ¥19.40 million, compared to a profit of ¥20.12 million in the same period last year, representing a significant decline[49]. Cash Flow - The net cash flow from operating activities was -¥7,514,969.30, a deterioration of 39.33% compared to the previous year[7]. - The net cash flow from operating activities was -55,071,609.63 CNY, compared to -10,279,132.16 CNY in the previous year, indicating a decline in operational cash generation[56]. - The net cash flow from financing activities was 39,228,747.27 CNY, a significant drop from 76,956,798.86 CNY in the same period last year, highlighting reduced financing inflows[57]. - The total cash and cash equivalents at the end of the period stood at 153,948,672.35 CNY, down from 210,265,310.69 CNY at the end of the previous year[57]. - The company reported a total cash outflow from operating activities of 258,568,804.37 CNY, compared to 311,961,710.23 CNY in the previous year, indicating a reduction in cash expenses[56]. Assets and Liabilities - Total assets at the end of the reporting period reached ¥679,746,986.04, an increase of 4.77% compared to the previous year[7]. - Total liabilities rose to CNY 131,152,585.97, compared to CNY 79,138,059.43, indicating an increase of approximately 65.8%[32]. - Current assets rose to CNY 422,069,522.20, up from CNY 378,996,239.55, marking an increase of about 11.4%[30]. - Inventory rose by 49.08% to CNY 77.35 million, attributed to increased procurement based on future sales orders[16]. - The total number of shareholders at the end of the reporting period was 4,613[11]. Shareholder Information - The largest shareholder, Cai Junquan, holds 33.14% of the shares, totaling 39,763,889 shares[11]. - The company's equity attributable to shareholders decreased to CNY 548,594,400.07 from CNY 569,635,221.81, a decline of approximately 3.7%[33]. Research and Development - Research and development expenses were CNY 2,519,292.81, down from CNY 3,265,441.37 year-over-year[40]. - The company's research and development expenses were approximately ¥4.70 million, down from ¥6.72 million in the same period last year, indicating a reduction in R&D investment[51]. Market and Product Development - There were no significant new product developments or market expansion strategies mentioned in the report[14].

Financial Performance - The company's operating revenue for the first half of 2020 was ¥105,267,603.57, a decrease of 42.85% compared to ¥184,197,979.29 in the same period last year[16]. - The net profit attributable to shareholders was a loss of ¥15,811,339.52, representing a decline of 300.97% from a profit of ¥7,867,338.43 in the previous year[16]. - The net cash flow from operating activities was negative at ¥47,556,640.33, a significant drop of 2,356.86% compared to ¥2,107,201.37 in the prior year[16]. - Basic and diluted earnings per share were both -¥0.13, down 285.71% from ¥0.07 in the same period last year[16]. - The total assets at the end of the reporting period were ¥676,866,419.41, an increase of 4.33% from ¥648,773,281.24 at the end of the previous year[16]. - The net assets attributable to shareholders decreased by 3.03% to ¥552,393,669.15 from ¥569,635,221.81 at the end of the previous year[16]. - The company reported a significant decline in cash flow from operating activities, with a net cash outflow of ¥47,556,640.33, a decrease of 2,356.86% compared to a positive cash flow of ¥2,107,201.37 in the previous year[34]. - The net profit after deducting non-recurring gains and losses was -¥18,026,887.75, down 364.06% year-on-year[28]. - The company reported a total comprehensive income for the first half of 2020 was -15,641,552.66, compared to 7,953,143.93 in the first half of 2019[100]. Revenue Breakdown - Sales revenue from electric remote control toys, infant toys, and car model toys accounted for over 50.31% of total revenue[19]. - The overseas revenue accounted for 84.49% of total revenue, amounting to ¥88,937,679.76, which represents a 37.86% decrease from ¥143,131,859.20 in the previous year[36]. - Domestic revenue was ¥16,329,923.81, accounting for 15.51% of total revenue, reflecting a 60.24% decline from ¥41,066,120.09 year-on-year[36]. - The company's revenue for the reporting period was ¥105,267,603.57, a decrease of 42.85% compared to ¥184,197,979.29 in the same period last year, primarily due to reduced orders from both overseas and domestic markets caused by the COVID-19 pandemic[34]. Cost and Expenses - The company's operating costs decreased by 40.25% to ¥88,908,418.69 from ¥148,793,086.31 year-on-year[34]. - Sales expenses increased by 62.88% to ¥14,298,029.65, mainly due to increased investments in domestic e-commerce platforms[34]. - The company's R&D investment was ¥4,756,671.81, down 22.45% from ¥6,134,042.47 year-on-year[34]. Market and Product Development - The company has developed over 1,000 product specifications and varieties, exporting to nearly 100 countries and regions worldwide[19]. - The company has established a global marketing network, with products sold in Europe, North America, Latin America, the Middle East, and Southeast Asia[22]. - The company has not disclosed any new product developments or market expansion strategies in this report[18]. - The company is actively optimizing its existing overseas markets while increasing efforts to expand its domestic market, particularly through e-commerce platforms[30]. Investment and Financing - The total amount of funds raised was ¥20,198 million, with ¥365.44 million invested during the reporting period, and a cumulative investment of ¥8,060.84 million[41]. - The company experienced a 100% decrease in investment amount during the reporting period, with no new significant equity investments made[40]. - The company holds a 15% stake in Zhongxin Technology, with plans for a 5% buyback by the counterparty by December 31, 2020, while retaining 10% for future development[32]. - The company has not engaged in any securities or derivative investments during the reporting period[41]. Subsidiary Performance - The subsidiary Shantou Yifeng Trade Development Co., Ltd. reported a net profit of 245,395.38 yuan, contributing over 10% to the company's net profit[47]. - The subsidiary Shifeng (Hong Kong) International Co., Ltd. reported a net loss of 1,418,576.05 yuan, indicating challenges in the toy trade sector[47]. - The subsidiary Shifeng Cultural Creation (Shenzhen) Co., Ltd. reported a net loss of 3,975,107.70 yuan, reflecting difficulties in toy research and development[47]. - The subsidiary Shifeng (Shenzhen) Network Technology Co., Ltd. reported a net loss of 1,100,591.20 yuan, highlighting challenges in mobile game research and operation[47]. Future Outlook and Guidance - The company plans to enhance its domestic market presence by establishing marketing offices in seven provinces and municipalities, including Shenzhen and Beijing[45]. - The company provided a future outlook with a revenue guidance of 3 billion RMB for the full year 2020, indicating a growth target of 10%[60]. - The estimated cumulative net profit for the period from the beginning of the year to the next reporting period is projected to be a loss of ¥20 million, representing a decrease of 189.45% compared to the same period last year, which had a net profit of ¥18 million[48]. Risks and Challenges - The company faces risks from changes in import country policies, which could impact export growth due to stricter toy safety standards in regions like Europe and North America[49]. - Increased competition in the domestic toy industry is affecting profit margins, as many small enterprises adopt low-price strategies, which could negatively impact the company's sales[49]. - Raw material costs account for approximately 80% of the production cost, and fluctuations in prices of materials like plastics and electronic components could affect the company's gross margin[50]. - Rising labor costs due to demographic changes and government wage increases pose a risk to the company's operational performance[51]. Compliance and Governance - The half-year financial report was not audited[63]. - The company has no significant penalties or rectification situations during the reporting period[65]. - The company has not engaged in any major asset or equity sales during the reporting period[46]. - The company has confirmed its ability to continue operations for at least 12 months from the reporting date[119]. Accounting Policies - The company recognizes revenue from sales when the risks and rewards of ownership have transferred to the buyer, and the amount can be reliably measured[163]. - The company applies the expected credit loss model for impairment of financial assets, considering past events, current conditions, and forecasts of future economic conditions[134]. - The company recognizes expected liabilities when obligations related to guarantees, lawsuits, or other contingencies are probable and can be reliably measured[160]. - The company applies a straight-line method for lease payments over the entire lease term, including initial direct costs[169].

Financial Performance - The company's operating revenue for 2019 was CNY 388,051,043.25, a decrease of 2.49% compared to CNY 397,957,343.05 in 2018[15] - The net profit attributable to shareholders for 2019 was CNY 8,280,422.31, representing a significant decline of 74.10% from CNY 31,968,364.63 in the previous year[15] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 2,835,673.53, down 89.54% from CNY 27,112,274.28 in 2018[15] - Basic earnings per share decreased by 75.00% to CNY 0.10, down from CNY 0.40 in the previous year[15] - The weighted average return on net assets for 2019 was 1.46%, down from 5.73% in 2018, reflecting a decrease of 4.27%[15] - The company achieved operating revenue of ¥388,051,043.25, a year-on-year decrease of 2.49%[34] - Net profit attributable to shareholders was ¥8,280,422.31, down 74.10% year-on-year[34] - The net profit after deducting non-recurring gains and losses was ¥2,835,673.53, a decline of 89.54% compared to the previous year[34] - The company’s total assets increased by 6.65% to ¥648,773,281.24 at the end of the reporting period[34] - The company’s cash flow from operating activities was ¥23,593,023.95, reflecting a year-on-year growth of 72.39%[34] Revenue Sources - Sales revenue from electric remote control toys, infant toys, and car model toys accounted for over 59% of total revenue, indicating their importance as the main source of income[25] - The toy business accounted for 99.70% of total operating revenue, with revenue of ¥386,903,635.87, a slight decrease of 0.71%[39] - Overseas sales contributed ¥326,427,632.96, representing 84.12% of total revenue, down 4.40% year-on-year[39] Investment and Acquisitions - The company completed the acquisition of 10% and 5% stakes in Quanzhou Zhongxin Superfiber Technology Co., Ltd. in January and November 2019, respectively[35] - The company acquired a 10% stake in Quanzhou Zhongxin Superfiber Technology Co., Ltd. for a cash consideration of 29.988 million yuan, with performance commitments of net profits not less than 25 million yuan, 35 million yuan, and 45 million yuan for the years 2019, 2020, and 2021 respectively[109] - The company also acquired a 29.9977% stake in Zhongxin Technology for 89.957 million yuan, with performance commitments of net profits not less than 25 million yuan, 35 million yuan, 45 million yuan, and 45 million yuan for the years 2019, 2020, 2021, and 2022 respectively[110] Cash Flow and Financial Management - The net cash flow from operating activities increased by 72.39% to CNY 23,593,023.95, compared to CNY 13,685,718.72 in 2018[15] - The net cash inflow from operating activities increased by 72.39% year-on-year, primarily due to a reduction in cash payments for goods and services[57] - The net cash outflow from investment activities decreased by 394.98% year-on-year, mainly due to expenditures related to the acquisition of equity in Zhongxin Technology[57] - The net cash inflow from financing activities increased by 727.79% year-on-year, primarily due to increased bank loans to supplement working capital[57] Research and Development - The company has a strong R&D team, with over 90% of products being self-designed or developed, highlighting its innovation capabilities[29] - Research and development expenses increased by 9.78% to CNY 12,173,035.79, representing 3.14% of total revenue, with a focus on infant and smart products[54] - The company plans to continue increasing investment in smart product development in 2020 to enhance competitiveness and sales performance[54] Market Strategy - The company has established a global marketing network, with products sold in Europe, North America, Latin America, the Middle East, and Southeast Asia[29] - The company has implemented a dual-channel marketing strategy combining online and offline sales to enhance product distribution and brand visibility[25] - The company is focusing on developing its own brand products to adapt to increasing safety standards and rising production costs in the toy industry[87] Dividend and Shareholder Information - The company plans to distribute a cash dividend of CNY 0.2 per 10 shares, totaling CNY 16,000,000 based on 80,000,000 shares[4] - The company experienced a cash dividend distribution of RMB 0.2 per share for 2019, totaling RMB 1,600,000, along with a capital reserve conversion of 5 shares for every 10 shares held[98] - The distributable profit for the company was CNY 177,372,903.85, with the cash dividend accounting for 100% of the profit distribution total[101] Operational Challenges - The company terminated its gaming operations in Shenzhen, leading to an 88.60% decrease in gaming revenue compared to the previous year[49] - The total sales volume of self-manufactured toys was 7,986,293 units, down 38.45% year-on-year, and production volume decreased by 36.98% to 7,941,603 units[43] - The gross profit margin for self-manufactured toys decreased from 63.95% to 56.05%, while the trading business increased from 36.05% to 43.95%[47] Corporate Governance - The company has a strong governance structure with independent directors ensuring oversight and accountability[171] - The management team emphasizes the importance of maintaining accurate financial reporting and compliance with regulatory standards[173] - The audit committee conducts quarterly meetings to review financial reports and internal controls, ensuring compliance and oversight[196] Employee and Social Responsibility - Employee development is prioritized, with career planning and training programs in place to improve skills and promote growth[146] - The company actively engages in social responsibility initiatives, including employee rights protection and participation in public welfare activities[146] - The company has received recognition as a "Contract-abiding and Trustworthy Enterprise" in Guangdong Province, reflecting its commitment to supplier and customer relations[146]

实丰文化发展股份有限公司 2020 年第一季度报告全文 实丰文化发展股份有限公司 2020 年第一季度报告 2020 年 04 月 1 实丰文化发展股份有限公司 2020 年第一季度报告全文 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。 公司负责人蔡俊权、主管会计工作负责人吴宏及会计机构负责人(会计主管 人员)侯安成声明：保证季度报告中财务报表的真实、准确、完整。 2 实丰文化发展股份有限公司 2020 年第一季度报告全文 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 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业收入（元） | 44,105,872.29 | 76,092,810.00 | -42.04% | | 归属于上市公司股东的净利润（元） | -4,736,622.87 | -1,115,22 ...

Financial Performance - Operating revenue for the reporting period was CNY 126,860,959.63, representing a year-on-year growth of 14.21%[7] - Net profit attributable to shareholders was CNY 12,256,469.51, a slight increase of 1.85% year-on-year[7] - The company reported a decrease in net profit attributable to shareholders by 22.87% for the year-to-date period[7] - The net profit for Q3 2019 reached CNY 12,256,469.51, a slight increase from CNY 12,033,285.85 in Q3 2018, representing a growth of 1.9%[38] - The total profit for the current period is CNY 24,696,694.56, down 28.3% from CNY 34,371,061.18 in the previous period[50] Cash Flow - The net cash flow from operating activities was negative at CNY -12,386,333.53, worsening by 67.47% compared to the previous year[7] - Net cash flow from operating activities improved by 62.21% to -¥10,279,132.16 as a result of increased collections compared to the previous year[17] - The net cash flow from operating activities for the third quarter was ¥24,127,705.24, a significant improvement compared to the previous year's net cash flow of -¥21,273,498.56[58] - The net cash flow from operating activities is CNY -10,279,132.16, an improvement from CNY -27,201,071.17 in the previous period[54] - Cash inflow from investment activities is CNY 367,756,430.12, down from CNY 739,370,899.17, a decrease of 50.2%[54] Assets and Liabilities - Total assets increased by 16.08% to CNY 706,127,976.34 compared to the end of the previous year[7] - Total current assets increased to ¥442,006,444.65 from ¥380,152,681.19, reflecting growth in cash and receivables[28] - Total liabilities increased to ¥124,515,694.41 from ¥39,155,985.95, primarily due to an increase in short-term borrowings[29] - Total assets as of September 30, 2019, amounted to CNY 735,234,598.94, compared to CNY 619,831,846.77 at the end of 2018, reflecting a growth of 18.6%[35] - Total liabilities as of September 30, 2019, were CNY 134,059,028.71, significantly higher than CNY 31,763,119.93 at the end of 2018, indicating a rise of 321.5%[34] Investments and Equity - Long-term equity investments reached CNY 30,777,093.57, marking a 100% increase due to investments in Quanzhou Zhongxin Superfiber Technology Co., Ltd.[15] - The company's equity attributable to shareholders reached CNY 601,175,570.23, compared to CNY 588,068,726.84 at the end of 2018, showing a growth of 2.0%[35] - Total equity attributable to shareholders reached CNY 569,171,320.10, with retained earnings of CNY 160,562,631.80[66] Expenses - Sales expenses decreased by 30.67% to ¥16,114,166.27 due to reduced promotional and channel costs in the gaming business[16] - Research and development expenses for Q3 2019 were CNY 3,265,441.37, an increase of 47.4% from CNY 2,216,060.96 in Q3 2018[37] - Research and development expenses decreased to CNY 6,721,362.63 from CNY 7,979,735.86, a reduction of 15.8%[50] Other Income and Financial Expenses - Financial expenses decreased by 67.77% to -¥2,626,030.65 primarily due to exchange gains from RMB appreciation against USD[16] - Other income decreased by 78.51% to ¥203,537.36 mainly due to a reduction in government subsidies[16] - The company recorded a financial expense of CNY -2,256,067.55, significantly improved from CNY -7,313,030.34 in the previous period[50] Comprehensive Income - The total comprehensive income for the third quarter amounted to ¥12,487,817.90, up from ¥12,058,558.32 year-over-year[41] - The total comprehensive income for the year-to-date period was ¥20,123,807.94, down from ¥26,089,870.23 in the previous year[46] - The total comprehensive income attributable to the parent company is CNY 20,440,961.83, compared to CNY 26,142,833.60 in the previous period[50]