一、主要会计数据和财务指标 | 报告期指标 | 2024年年报 | 2023年年报 | 本年比上年增减(%) | 2022年年报 | | --- | --- | --- | --- | --- | | 基本每股收益（元） | -0.4336 | -0.1764 | -145.8 | -0.5497 | | 每股净资产（元） | 0.77 | 1.21 | -36.36 | 1.37 | | 每股公积金(元) | 1.34 | 1.34 | 0 | 1.33 | | 每股未分配利润(元) | -1.61 | -1.18 | -36.44 | -1.00 | | 每股经营现金流(元) | - | - | - | - | | 营业收入(亿元) | 5.87 | 6.18 | -5.02 | 4.76 | | 净利润(亿元) | -1.76 | -0.72 | -144.44 | -2.13 | | 净资产收益率(%) | -43.74 | -13.71 | -219.04 | -37.45 | 数据四舍五入，查看更多财务数据>> 三、分红送配方案情况 二、前10名无限售条件股东持股情况 不分配不转增 | 名称 | ...

Financial Performance - The company reported a decline in main business revenue due to intensified industry competition, with group buying channel sales amounting to 268.36 million, 377.20 million, and 363.77 million in the last three years, representing 58.56%, 61.60%, and 62.86% of total revenue respectively [4]. - The company's operating revenue for 2024 was ¥586,570,863.98, a decrease of 5.07% compared to ¥617,893,004.20 in 2023 [22]. - The net profit attributable to shareholders for 2024 was -¥175,898,032.95, representing a decline of 145.83% from -¥71,552,794.26 in 2023 [22]. - The company reported a basic and diluted earnings per share of -¥0.4336 for 2024, a decline of 145.80% from -¥0.1764 in 2023 [22]. - The company reported a total of ¥35,600,020.38 in non-recurring losses for 2024, compared to a gain of ¥11,068,218.50 in 2023 [28]. - The company reported a net loss attributable to shareholders of ¥175,898,032.95, primarily due to intensified industry competition and reduced order volumes [99]. - The company's main business revenue for 2024 was CNY 57,868.03 million, a decrease of 5.57% from CNY 61,232.43 million in 2023 [83]. Cost and Expenses - Fixed costs have negatively impacted profits, with high unit labor costs and manufacturing expenses due to underutilized capacity in the group buying business, alongside significant marketing expenses in the e-commerce sector [6]. - The company incurred inventory impairment losses of ¥25,567,200, including a provision for inventory depreciation of ¥25,567,200 and bad debt provisions of ¥11,770,100 [100][101]. - The total operating costs for the company were ¥506,944,823.60, a slight increase of 0.20% from the previous year [111]. - The company reported a 31.90% increase in labor costs, which constituted 19.03% of total operating costs [112]. - Sales expenses increased by 6.98% to ¥80,042,341.02, while management expenses rose by 9.20% to ¥46,175,391.39 [116]. - Financial expenses surged by 48.70% to ¥11,678,984.07, primarily due to increased interest expenses from sale-leaseback transactions [116]. Market and Industry Trends - The overall industry remains competitive, but the footwear sector is expected to recover as consumer confidence improves, supported by China's economic growth [9]. - The leather goods industry in China is experiencing a growth of 3.7% in revenue, reaching CNY 853.32 billion in 2024, with a profit total of CNY 46.09 billion, reflecting a 1.6% increase [42]. - The consumer spending on clothing and footwear has shown a modest growth of 0.3%, with retail sales amounting to CNY 1,469.1 billion in 2024 [46]. - The domestic leather goods market is primarily dominated by international luxury brands, with local brands mainly competing in the mid to low-end segments [32]. - The industry is transitioning towards a focus on brand building, with an emphasis on quality, culture, and fashion as key differentiators [49]. - The market for mid-to-high-end leather goods is expanding rapidly, with major players leveraging multi-brand strategies to capture market share [39]. Strategic Initiatives - The company plans to not distribute cash dividends or issue bonus shares, indicating a focus on retaining earnings for future investments [10]. - The company is actively adjusting its operational strategy by closing unprofitable stores to mitigate risks associated with declining consumer traffic [4]. - The company aims to enhance brand recognition and user interaction by focusing on personalized consumer demands and digital transformation [57]. - The company plans to expand its protective equipment business into the firefighting and rescue sector, aligning with government initiatives to enhance emergency management capabilities [84]. - The company is exploring new strategies for product innovation and market reach, particularly in the health and wellness segments [124]. Sales Channels and Distribution - The company has established five major sales channels, including group purchasing, direct sales, e-commerce, wholesale agents, and ODM, with group purchasing showing strong growth [55]. - E-commerce sales accounted for 23.35% of total revenue in 2024, down from 26.45% in 2023, indicating a shift in sales channels [83]. - The direct sales channel focuses on enhancing customer experience in major urban areas, with a strategy to expand into surrounding cities to build a national marketing network [72]. - The e-commerce channel has become a significant platform for sales, with the company leveraging online marketplaces like Taobao, Tmall, and JD.com for product distribution [73]. - The wholesale agent channel has rapidly expanded nationwide, improving product market coverage and ensuring effective management of agents [75]. Research and Development - The company’s R&D team has been recognized with multiple awards, indicating a strong commitment to product quality and innovation [96]. - Research and development (R&D) expenditure amounted to ¥30,206,773.60, representing 5.15% of operating revenue, an increase from 4.96% in the previous year [127]. - The company is committed to upgrading its research and development, production automation, and information technology to enhance product quality and competitiveness [155]. Governance and Compliance - The company has established a complete governance structure in compliance with relevant laws and regulations, ensuring no significant discrepancies with regulatory requirements [176]. - The board of directors consists of 7 members, including 3 independent directors, meeting legal and regulatory requirements [179]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring autonomous business capabilities [182]. - The company has established a performance evaluation and incentive mechanism to assess and reward employees and executives [181]. Investment and Financing - The company raised a total of RMB 180,290,000.00 from the issuance of convertible bonds, with a net amount of RMB 172,987,142.45 after deducting issuance costs [139]. - The company approved the use of up to 370 million RMB of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months from the board's approval date [146]. - The company has committed to invest a total of 12,000 million CNY in the smart manufacturing upgrade project, with a completion progress of 63.87% as of the reporting period [144].

Financial Performance - The company's operating revenue for Q1 2025 was ¥84,317,163.17, a decrease of 32.50% compared to ¥124,921,172.84 in the same period last year[5] - The net loss attributable to shareholders for Q1 2025 was ¥12,920,188.08, representing a 113.35% increase in loss compared to ¥6,055,993.56 in the previous year[5] - The basic and diluted earnings per share for Q1 2025 were both -¥0.0318, a decrease of 113.42% compared to -¥0.0149 in the previous year[5] - Total operating revenue decreased to ¥84,317,163.17 from ¥124,921,172.84, representing a decline of approximately 32.4% year-over-year[16] - Net loss for the period was ¥12,409,817.88, compared to a net loss of ¥5,597,509.05 in the previous period, indicating a worsening of approximately 121.5%[17] Cash Flow - The net cash flow from operating activities was -¥52,994,121.82, a decline of 91.82% from -¥27,627,614.44 in the same period last year[5] - Operating cash inflow for the current period was $91,221,789.61, down 34% from $138,069,885.01 in the previous period[19] - Net cash outflow from operating activities was -$52,994,121.82, compared to -$27,627,614.44 in the prior period, indicating a worsening cash flow situation[19] - Total cash outflow from operating activities was $144,215,911.43, down 13% from $165,697,499.45 in the previous period[19] Assets and Liabilities - Total assets at the end of Q1 2025 were ¥755,463,456.02, a slight increase of 0.18% from ¥754,120,365.51 at the end of the previous year[5] - Total liabilities increased to ¥437,119,546.31 from ¥423,414,582.00, reflecting a rise of about 3.9%[14] - The total equity attributable to shareholders decreased by 4.10% to ¥300,995,573.68 compared to ¥313,867,817.68 at the end of the previous year[5] Research and Development - The company's R&D expenses for Q1 2025 were ¥3,950,350.84, down 46.65% from ¥7,405,178.70 in the same period last year[8] - Research and development expenses decreased to ¥3,950,350.84 from ¥7,405,178.70, a reduction of approximately 46.6% year-over-year[16] Shareholder Information - The total number of common shareholders at the end of the reporting period is 22,634[9] - The largest shareholder, Lin Dayao, holds 11.28% of shares, totaling 45,765,700 shares, with 20,000,000 shares pledged[9] - Lin Dazhou, the second-largest shareholder, owns 3.97% of shares, amounting to 16,086,800 shares, with 8,000,000 shares pledged[9] Inventory and Prepayments - The company reported a significant increase in prepayments, which rose by 176.69% to ¥29,016,128.39, primarily due to increased procurement payments[8] - The inventory level increased by 35.67% to ¥130,176,255.65, attributed to a rise in production orders[8] - Inventory rose significantly to ¥130,176,255.65 from ¥95,953,194.02, indicating an increase of approximately 35.5%[12] Cash and Equivalents - The company's cash and cash equivalents decreased to ¥102,425,646.04 from ¥158,476,718.50, reflecting a decline of approximately 35.4%[12] - The ending cash and cash equivalents balance decreased to $101,504,625.44 from $110,856,513.39, a decline of approximately 8%[20]

广东万里马实业股份有限公司 2024 年度内部控制自我评价报告 广东万里马实业股份有限公司全体股东： 根据《企业内部控制基本规范》及其配套指引的规定和其他内部控制监管要 求（以下简称企业内部控制规范体系），结合广东万里马实业股份有限公司（以 下简称公司）内部控制制度和评价办法，在内部控制日常监督和专项监督的基础 上，董事会对公司截至2024年12月31日（内部控制评价报告基准日）的内部控制 有效性进行了评价。 自内部控制评价报告基准日至内部控制评价报告发出日之间未发生影响内 部控制有效性评价结论的因素。 三、内部控制评价工作情况 一、重要声明 按照企业内部控制规范体系的规定，建立健全和有效实施内部控制，评价其 有效性，并如实披露内部控制评价报告是公司董事会的责任。监事会对董事会建 立和实施内部控制进行监督。经理层负责组织领导企业内部控制的日常运行。公 司董事会、监事会及董事、监事、高级管理人员保证本报告内容不存在任何虚假 记载、误导性陈述或重大遗漏，并对报告内容的真实性、准确性和完整性承担个 别及连带法律责任。 公司内部控制的目标是合理保证经营管理合法合规、资产安全、财务报告及 相关信息真实完整，提高经营效率 ...

一、基本情况 2024 年度公司实现营业总收入为 586,570,863.98 元，同比下降 5.07%；营业 利润-125,260,929.33 元，同比下降 53.80%；归属于上市公司股东的净利润 -175,898,032.95 元，同比下降 145.83%；资产总计为 754,120,365.51 元，其中流 动资产 457,370,807.33 元 ， 非 流 动 资 产 296,749,558.18 元 ； 负 债 合 计 为 423,414,582.00 元；所有者权益为 330,705,783.51 元，其中归属于母公司的所有 者权益 313,867,817.68 元。 证券代码：300591 证券简称：万 里 马 公告编号：2025-016 广东万里马实业股份有限公司 2024 年度财务决算报告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 广东万里马实业股份有限公司（以下简称"公司"）2024 年 12 月 31 日母公 司及合并的资产负债表、2024 年度母公司及合并的利润表、2024 年度母公司及 合并的现金流量表、2024 年度母公 ...

广东万里马实业股份有限公司 关于会计师事务所 2024 年度履职情况评估报告暨 审计委员会履行监督职责情况的报告 根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司治理 准则》《国有企业、上市公司选聘会计师事务所管理办法》《深圳证券交易所上 市公司自律监管指引第 2 号——创业板上市公司规范运作》和《公司章程》等相 关规定和要求，广东万里马实业股份有限公司（以下简称"公司"）董事会审计 委员会本着勤勉尽责的原则，恪尽职守，认真履职。现将董事会审计委员会对会 计师事务所 2024 年度履职评估及履行监督职责的情况汇报如下： 一、会计师事务所基本情况 （一）会计师事务所基本情况 名称：信永中和会计师事务所（特殊普通合伙） 成立日期：2012 年 3 月 2 日 组织形式：特殊普通合伙企业 注册地址：北京市东城区朝阳门北大街 8 号富华大厦 A 座 8 层 首席合伙人：谭小青 截止 2024 年 12 月 31 日，信永中和会计师事务所（特殊普通合伙）（以下 简称"信永中和"）合伙人（股东）259 人，注册会计师 1,780 人。签署过证券 服务业务审计报告的注册会计师人数超过 700 人。 （二）聘任 ...

国泰海通证券股份有限公司 关于广东万里马实业股份有限公司 2024 年度募集资金存放与使用情况的专项核查意见 国泰海通证券股份有限公司（以下简称"国泰海通"或"保荐机构"）作为 广东万里马实业股份有限公司（以下简称"万里马"或"公司"）的持续督导机 构，根据《证券发行上市保荐业务管理办法》《上市公司监管指引第 2 号——上 市公司募集资金管理和使用的监管要求》《深圳证券交易所股票上市规则》《深圳 证券交易所创业板股票上市规则》《深圳证券交易所上市公司自律监管指引第 13 号——保荐业务》《深圳证券交易所上市公司自律监管指引第 2 号——创业板上 市公司规范运作》等相关规定，对广东万里马实业股份有限公司 2024 年度募集 资金存放与使用情况进行了审慎核查，具体情况如下： 一、募集资金基本情况 （一）实际募集资金金额、资金到位时间 1、公开发行可转换公司债券募集资金 经中国证券监督管理委员会证监许可[2019]1572 号文《关于核准广东万里马 实业股份有限公司公开发行可转换公司债券的批复》，公司发行可转换公司债券 计 180.29 万张，每张面值为人民币 100.00 元，按面值发行。募集资金总额为 180, ...

2024 年度非经营性资金占用及其他关联资金往来情况汇总表 | | | 占用方与上市公 | 上市公司核算 | 2024 年期初占 | 2024 年度占 | 2024 年度占 | 2024 年度偿 | 2024 年期末占 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 非经营性资金占用 | 资金占用方名称 | 司的关联关系 | 的会计科目 | 用资金余额 | 用累计发生金 | 用资金的利息 | 还累计发生 | 用资金余额 | 占用形成原因 | 占用性质 | | | | | | | 额（不含利息） | (如有） | 金额 | | | | | 现大股东及其附属企业 | 无 | | | | | | | | | | | 小计 | - | - | - | - | - | - | - | - | - | - | | 前大股东及其附属企业 | 无 | | | | | | | | | | | 小计 | - | - | - | - | - | - | - | - | - | - | | 总计 | - | - | - | - | ...

关于 2024 年度计提资产减值准备及核销资产的公告 公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 广东万里马实业股份有限公司（以下简称"公司"）于 2025 年 4 月 22 日召 开第四届董事会第十次会议和第四届监事会第十次会议，会议审议通过了《关于 2024 年度计提资产减值准备及核销资产的议案》。2024 年度计提资产减值准备及 核销资产的金额已经信永中和会计师事务所（特殊普通合伙）审计。现将具体情 况公告如下： 证券代码：300591 证券简称：万 里 马 公告编号：2025-024 广东万里马实业股份有限公司 1. 应收账款 一、本次计提资产减值准备情况概述 根据《企业会计准则》《深圳证券交易所上市公司自律监管指引第 2 号—— 创业板上市公司规范运作》等有关规定，为真实、准确反映公司 2024 年度财务 状况和经营成果，公司及子公司对各类资产进行充分评估和减值测试。基于谨慎 性原则，公司对截至 2024 年 12 月 31 日可能发生资产减值损失的有关资产计提 资产减值准备，并对无法收回的款项进行核销。 1. 本次计提资产减值准备的原因 根据《企 ...

证券代码：300591 证券简称：万 里 马 公告编号：2025-021 广东万里马实业股份有限公司 关于 2024 年度募集资金存放与使用情况的专项报告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、募集资金基本情况 （一）募集资金金额及到位时间 1. 公开发行可转换公司债券募集资金 经中国证券监督管理委员会《关于核准广东万里马实业股份有限公司公开发 行可转换公司债券的批复》（证监许可[2019]1572 号）文核准，并经深圳证券交 易所同意，由承销商海通证券股份有限公司（以下简称"海通证券"）组织发行 可转换公司债券计 180.29 万张，每张面值为人民币 100.00 元，按面值发行。本 次发行的可转换公司债券向股权登记日（2019 年 10 月 10 日）收市后登记在册 的公司原股东实行优先配售，原股东优先配售后余额部分（含原股东放弃优先配 售部分）通过深交所交易系统网上向社会公众投资者发行，本次发行认购金额不 足 18,029.00 万元的部分由主承销商包销。本次发行可转换公司债券募集资金总 额为 180,290,000.00 元，扣除发行费用 ...