Group 1: Company Overview - Guangdong Lingxiao Pump Industry Co., Ltd. specializes in the research, design, production, and sales of civil centrifugal pumps, including plastic bathroom pumps, stainless steel pumps, clean water pumps, submersible pumps, and pipeline pumps [2]. - The company is one of the largest suppliers of water sports and bathroom pumps in China, providing a complete service system that integrates design, production, sales, and after-sales service [2]. Group 2: Financial Performance - In the first quarter of 2023, the company reported a significant decline in both revenue and profit compared to the previous year, primarily due to a high inventory base from Q1 2022 and a soft demand influenced by the economic environment [2]. - The decline in performance was exacerbated by the absence of last year's inventory orders, leading to a substantial drop in sales [2]. Group 3: Market Insights - The company is focused on solidifying its core business to strengthen its market position and ultimately reward shareholders for their support and trust [2]. - The Q1 2023 financial results reflect the challenges faced in the market, highlighting the need for adaptive strategies in response to economic fluctuations [2].

Financial Performance - The company's revenue for Q1 2023 was ¥269,819,500.29, a decrease of 40.75% compared to ¥455,367,264.04 in the same period last year[5] - Net profit attributable to shareholders was ¥77,239,067.55, down 33.20% from ¥115,635,840.34 year-on-year[5] - Basic and diluted earnings per share were both ¥0.22, reflecting a decline of 31.25% compared to ¥0.32 in the same period last year[5] - The weighted average return on equity was 3.43%, down from 5.26% in the previous year, indicating a decline in profitability[5] - The company reported a comprehensive income total of CNY 77,180,700.78 for Q1 2023, compared to CNY 115,615,844.26 in the previous year[20] Cash Flow - The net cash flow from operating activities decreased by 25.96% to ¥55,322,330.86 from ¥74,719,451.24 in the previous year[5] - Cash inflow from operating activities was CNY 276,474,589.63, compared to CNY 475,241,094.27 in the prior period, indicating a decrease of about 42%[21] - Cash outflow from operating activities totaled CNY 221,152,258.77, down from CNY 400,521,643.03 year-over-year[21] - The net cash flow from investing activities was -¥29,289,428.03, significantly down from ¥339,819,449.34 in the previous year[22] - The net increase in cash and cash equivalents for Q1 2023 was ¥25,971,830.07, a sharp decline from ¥417,756,965.15 in Q1 2022[22] Assets and Liabilities - Total assets increased by 3.17% to ¥2,421,755,986.11 from ¥2,347,327,879.00 at the end of the previous year[5] - Total current assets as of March 31, 2023, are ¥2,060,036,109.91, up from ¥1,989,969,241.25 at the start of the year[15] - Total liabilities are reported at ¥107,420,361.15, slightly down from ¥110,110,745.08[15] - Total liabilities amounted to CNY 133,688,650.32, a decrease from CNY 137,035,063.12 in the previous period[19] - Total equity attributable to shareholders was CNY 2,288,067,335.79, up from CNY 2,210,292,815.88 year-over-year[19] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,154[11] - The largest shareholder, Wang Haibo, holds 29.57% of shares, totaling 105,781,089 shares[11] - The top ten shareholders include various institutional investors, with China Agricultural Bank holding 17,141,959 shares[12] Operational Metrics - The company experienced a 44.44% reduction in operating costs, amounting to ¥167,465,243.00, in line with the decrease in revenue[9] - Total operating costs amounted to CNY 183,522,645.12, down from CNY 327,432,486.69 year-over-year[17] - The company reported a 80.36% decrease in other income, which fell to ¥65,998.63 from ¥336,089.50, primarily due to reduced penalties from suppliers[9] Investment Activities - Investment activities generated a cash outflow of ¥29,289,428.03, a significant decrease of 108.62% compared to a cash inflow of ¥339,819,449.34 in the previous year[10] - Cash inflow from investment activities totaled ¥163,423,495.89, compared to ¥686,704,952.03 in Q1 2022[22] - Cash outflow from investment activities was ¥192,712,923.92, down from ¥346,885,502.69 year-over-year[22] Inventory and Prepayments - The company reported a significant increase in prepayments, which rose by 79.22% to ¥50,417,078.80, primarily due to increased material payments[9] - Inventory decreased to ¥272,268,371.62 from ¥278,842,759.46[15] Audit and Product Development - The company did not undergo an audit for the Q1 2023 report[23] - The company has not disclosed any new product developments or market expansion strategies in the current report[13]

Financial Performance - In 2022, the company's revenue decreased by 28.09% to 1.483 billion RMB, while net profit fell by 12.70% to 421.9 million RMB [2] - Compared to 2020, the revenue difference was approximately 40 million RMB, but net profit increased by 70 million RMB [2] - The revenue for 2020 was 1.435 billion RMB, and the net profit was 326 million RMB [10] Market Outlook - The domestic economic situation is improving in 2023, but the global economic environment remains severe with instability and uncertainty [3][5] - The company is optimistic about achieving its operational goals for 2023 and is committed to enhancing marketing efforts [5][10] Product Strategy - The company plans to focus on high-value products and improve production efficiency through automation and refined management [2] - The sales ratio of domestic to international markets for stainless steel pumps and bathroom pumps in 2022 was 4:6, with expectations for an increase in new customers [6] Competitive Landscape - The main competitors in the domestic centrifugal pump industry are other manufacturers of similar products [5] - The company aims to enhance its competitive edge by improving product quality, expanding marketing channels, and maintaining stable relationships with distributors [4][5] Risk Management - The company faces risks such as raw material price fluctuations, inventory impairment, and market competition [5] - Measures to mitigate these risks include strengthening core management, developing new products, and enhancing supply chain management [5] Investor Relations - The company welcomes individual investors to visit and participate in shareholder meetings, although arrangements depend on actual circumstances [4] - The company has not planned any share buybacks or significant capital expenditures at this time [12][15]

广东凌霄泵业股份有限公司 2022 年年度报告全文 广东凌霄泵业股份有限公司 2022 年年度报告 2023 年 4 月 1 广东凌霄泵业股份有限公司 2022 年年度报告全文 2022 年年度报告 第一节 重要提示、目录和释义 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的 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。 公司负责人王海波、主管会计工作负责人陆凤娟及会计机构负责人(会计 主管人员)陆凤娟声明：保证本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。 公司年度报告涉及未来计划等前瞻性陈述，不构成公司对投资者的实质 承诺，投资者及相关人士应对此保持足够的风险认识，并且应当理解计划、 预测与承诺之间的差异。 （二）载有会计师事务所盖章、注册会计师签名并盖章的审计报告原件。 公司将面临原材料价格波动、存货减值、市场竞争、境外客户销售占比 较高、汇率变动和贸易摩擦、经济环境不稳定等风险，详见"第三节"之 "十一、公司未来发展的展望"。 公司经本次董事会审议通过的利润分配预案为：以 357,682,509 为基数， ...

广东凌霄泵业股份有限公司 投资者关系活动记录表 证券代码：002884 证券简称：凌霄泵业 广东凌霄泵业股份有限公司投资者关系活动记录表 编号：TX【2020003】 | --- | --- | --- | |-----------------------------|------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

广东凌霄泵业股份有限公司 投资者关系活动记录表 证券代码：002884 证券简称：凌霄泵业 广东凌霄泵业股份有限公司投资者关系活动记录表 编号：TX【2019006】 | --- | --- | --- | |-----------------------------|------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

广东凌霄泵业股份有限公司 投资者关系活动记录表 证券代码：002884 证券简称：凌霄泵业 广东凌霄泵业股份有限公司投资者关系活动记录表 编号：TX【2020001】 | --- | --- | --- | |-----------------------------|-------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | □特定对象调研 □分析师会议 | | 投资者关系活动类别 | □ □现场参观 □ | □媒体采访 ■业绩说明会 新闻发布会 □路演活动 其他 （ 请 文字 说 明其他活 动 内容） ...

Group 1: Company Overview - The main business of Guangdong Lingxiao Pump Industry Co., Ltd. includes the research, design, production, and sales of civilian centrifugal pumps, with key products being plastic bathroom pumps, stainless steel pumps, clean water pumps, and submersible pumps [2]. - The company is one of the largest suppliers of water sports and bathroom pumps in China, providing a complete service system that integrates design, production, sales, and after-sales service [2]. Group 2: Market Demand and Product Applications - The demand for stainless steel pumps is greater than that for plastic bathroom pumps, driven by rising living standards and a shift towards hygiene and health [3]. - Stainless steel pumps are widely used in various applications, including household pressurization, garden irrigation, automotive washing, and municipal engineering [3]. Group 3: Financial Performance and Projections - Approximately 40% of the company's total revenue comes from overseas sales [3]. - The company expects a revenue and net profit change of -20% to 10% for the year 2020, as per the financial budget report [3]. Group 4: Impact of External Factors - The second quarter of 2020 saw a significant impact from the overseas pandemic, leading to reduced orders due to the halt of downstream customers [3].

Group 1: Company Overview - The main business of the company is the research, design, production, and sales of civil centrifugal pumps, including SPA pumps, swimming pool pumps, vertical and horizontal stainless steel pumps, clean water pumps, submersible pumps, and pipeline pumps [2]. - The company has a complete service system integrating design, production, sales, and after-sales service for civil centrifugal pumps [2]. Group 2: Product Details - Major products include plastic bathroom pumps, stainless steel pumps, and general pumps, with applications in various sectors such as household water supply, chemical engineering, municipal projects, and agricultural irrigation [3]. - The company's plastic bathroom pumps hold a leading position in the Chinese market within their niche [3]. Group 3: Financial and Operational Insights - The company has approximately 1,000 employees across its operations [3]. - Research and development expenses are around 30 million CNY, with over 120 personnel dedicated to R&D, covering costs such as molds, equipment, inspection, and materials [3]. - The company has demonstrated flexibility in production scheduling, capable of completing 40,000 stainless steel pumps in 15 days when required [3]. Group 4: Market and Strategic Positioning - The impact of the US-China trade friction has led to a slowdown in export growth and a decrease in domestic demand due to the broader economic environment [4]. - The company aims to maintain high dividends based on operational performance and shareholder expectations, subject to board and shareholder approval [4]. - Future growth strategies include developing new products, expanding market coverage, and enhancing quality management to ensure product competitiveness [4].

广东凌霄泵业股份有限公司 投资者关系活动记录表 证券代码：002884 证券简称：凌霄泵业 广东凌霄泵业股份有限公司投资者关系活动记录表 编号：TX【2019008】 | --- | --- | --- | |--------------------------------------------------------|-----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...