广东凌霄泵业股份有限公司 投资者关系活动记录表 1 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【2023003】 | --- | --- | --- | |------------------------|------------------------------------------|---------------------------| | | □特定对象调研 | □分析师会议 | | | □媒体采访 □业绩说明会 | | | 投资者关系活 | | | | 动类别 | □新闻发布会 □路演活动 | | | | □现场参观 | | | | 其他 线上交流 | | | | 安信证券 周喆、朱心怡；太平基金 | 邬熙哲、浙商基金 邓怡；中 | | 参与单位名称及人员姓名 | 意资产 马保良、周陆、谷风；石锋资产 | 边康祥；百年人寿 李兴 | | | 宇；南方基金 袁立；天弘基金 | 杜广；鹏扬基金 曹敏 | | 时间 | 2023 年 7 月 7 日 | | | 地点 | 线上交流 | | | 上市公司接待人员姓名 | 董事会秘书刘子庚先生、证券 ...

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]

出席本次年度业绩说明会的人员有：公司董事长、总经理王海波先生、独立 董事杨大贺先生、董事会秘书刘子庚先生、财务总监陆凤娟女士。 为充分尊重投资者、提升交流的针对性，现就公司 2022 年度业绩说明会提 前向投资者公开征集问题，广泛听取投资者的意见和建议。投资者可于 2023 年 4 月 20 日 17：00 前访问 https://ir.p5w.net/zj/，进入问题征集专题页面。公司将在 2022 年度业绩说明会上对投资者普遍关注的问题进行回答。欢迎广大投资者积 极参与本次网上说明会。 特此公告。 证券代码：002884 证券简称：凌霄泵业 公告编号：2023-015 广东凌霄泵业股份有限公司 关于举行 2022 年度网上业绩说明会的通知 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假 记载、误导性陈述或重大遗漏。 广东凌霄泵业股份有限公司（以下简称"公司"）2022 年年度报告及其摘 要 于 2023 年 4 月 11 日 在 公 司 指 定 信 息 披 露 媒 体 巨 潮 资 讯 网 （http://www.cninfo.com.cn/）上披露。为便于投资者了解公司 2022 年度 ...

Financial Performance - The company's operating revenue for 2022 was ¥1,483,464,184.64, a decrease of 28.09% compared to ¥2,062,880,131.93 in 2021[23]. - The net profit attributable to shareholders for 2022 was ¥421,938,295.95, down 12.70% from ¥483,308,187.19 in 2021[23]. - Basic earnings per share decreased by 13.24% to ¥1.18 in 2022, down from ¥1.36 in 2021[23]. - The total assets at the end of 2022 were ¥2,347,327,879.00, a slight decrease of 0.85% from ¥2,367,475,225.16 at the end of 2021[23]. - The net assets attributable to shareholders increased by 3.18% to ¥2,210,292,815.88 at the end of 2022, compared to ¥2,142,068,079.84 at the end of 2021[23]. - The company achieved operating revenue of ¥1,483,464,184.64, a decrease of 28.09% year-on-year[50]. - Net profit attributable to shareholders was ¥421,938,295.95, down 12.70% compared to the previous year[50]. - Domestic sales amounted to ¥603,376,096.91, reflecting a decline of 40.27%, while international sales were ¥880,088,087.73, down 16.39%[50]. - The company reported a significant increase in cash flow from operating activities in Q2 2022, reaching ¥216,217,013.98, compared to ¥74,719,451.24 in Q1 2022[28]. - The company received government subsidies amounting to ¥4,084,769.20 in 2022, compared to ¥3,166,345.14 in 2021[29]. Business Operations - The company has not changed its main business since its listing, indicating stability in operations[22]. - The main business focuses on the research, design, production, and sales of civilian centrifugal pumps, which are widely used in various sectors including municipal engineering and agriculture[38]. - The product range includes plastic bathroom pumps, stainless steel pumps, and general-purpose pumps, with a strong market position in the domestic plastic bathroom pump industry[39]. - The company has established a stable partnership with Guangdong University of Technology to enhance its technological innovation and product value[36]. - The company has a complete service system integrating design, production, sales, and after-sales service, accumulating a quality customer base[37]. - The company is committed to expanding production scale and enhancing research and development efforts based on market demand[37]. - The company has a diverse customer base, including high-quality long-term clients in the global bathroom and water sports facilities market, enhancing its market share[47]. - The company’s products are sold across the domestic market and exported to over 80 countries and regions, including the US, Europe, the Middle East, and Southeast Asia[48]. Research and Development - The company has over 40 years of experience in motor and pump research and development, contributing to national standards and certifications such as CE, UL, and TUV[36]. - The company has obtained 12 invention patents and multiple high-tech product certifications, enhancing its technological innovation capabilities[36]. - The company invested ¥50,169,711.94 in R&D, focusing on new product development such as pipeline pumps and chemical pumps[51]. - The company holds 12 invention patents and has participated in the formulation of 5 national and industry standards, showcasing its advanced R&D capabilities[50]. - The number of R&D personnel increased by 22.69% from 216 in 2021 to 265 in 2022, with the proportion of R&D personnel rising from 17.20% to 24.55%[67]. - The company plans to continuously develop new products to meet market demands, adapting to technological updates and new fields[82]. - The company plans to develop new products including large flow seawater pumps and customized pumps, with plans to apply for 2 to 3 patents[85]. Market Challenges and Risks - The company faces risks including raw material price fluctuations, inventory impairment, and high foreign customer sales proportion[5]. - The company faced challenges in both domestic and international markets due to macroeconomic factors, leading to a significant drop in orders[53]. - Economic instability due to factors like inflation in Europe and the Russia-Ukraine conflict is expected to impact the company's domestic and international sales, affecting revenue and earnings[91]. - The company faces risks from exchange rate fluctuations, particularly with the appreciation of the RMB against the USD, which could reduce sales revenue when converted to RMB[91]. - The company will continue to implement cost control measures to accumulate funds for development while enhancing its production efficiency and product quality[89]. Corporate Governance - The company has not reported any changes in its controlling shareholders since its establishment, indicating stable ownership[22]. - The company’s financial report is guaranteed to be true, accurate, and complete by its board of directors and management[5]. - The company has established an independent financial accounting system and does not share bank accounts with the controlling shareholder[98]. - The company has a total of 9 directors and 3 supervisors, with no reported conflicts of interest or related party transactions[101]. - The company’s board of directors includes a mix of independent and non-independent members, ensuring governance diversity[101]. - The company has committed to strict compliance with the regulations of the China Securities Regulatory Commission regarding corporate governance[149]. Shareholder Information - The company reported a cash dividend distribution of RMB 357,682,509, which is 100% of the total distributable profit of RMB 863,645,975.20[125]. - The cash dividend per 10 shares is RMB 10 (including tax), based on a total share capital of 357,682,509 shares[125]. - The total number of shares increased from 357,162,333 to 357,682,509, with an increase of 520,176 shares due to stock option exercises[184]. - The largest shareholder, Wang Haibo, holds 29.57% of the shares, totaling 105,781,089 shares[189]. - The second largest shareholder, Shi Zongmei, owns 16.97% of the shares, amounting to 60,710,090 shares[189]. - The total number of ordinary shareholders at the end of the reporting period was 12,235, a decrease from 14,154 at the previous month-end[189]. Employee Management - The company has a total of 817 production personnel, 74 sales personnel, 83 technical personnel, 11 financial personnel, and 78 administrative personnel[120]. - The company emphasizes employee training and has a robust training system for skill and knowledge development[122]. - The company has established a comprehensive salary system, including fixed monthly salaries and performance-based pay for ordinary employees[121]. - The company has implemented an annual salary system for senior management under the senior management salary assessment system[121]. Social Responsibility - The company contributed a total of 1,105,000 yuan to social welfare and educational initiatives, demonstrating its commitment to social responsibility[145]. - The company emphasizes employee development through various training programs, ensuring equal opportunities for career advancement[144]. - The company has implemented measures to enhance safety production awareness and reduce pollution emissions in line with national regulations[144].

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】 | --- | --- | --- | |--------------------------------------------------------|-----------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...