证券代码：300592 证券简称：华凯易佰 公告编号：2024-054 特别提示： 1、本次股东大会无否决议案的情况； 2、本次股东大会不涉及变更前次股东大会决议； 3、中小股东是指除公司董事、监事、高级管理人员以及单独或合计持有公 司 5%以上股份的股东以外的其他股东。 一、会议召开情况简介 1、会议召开的日期、时间 华凯易佰科技股份有限公司 2023 年年度股东大会决议公告 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。 （1）现场会议召开时间：2024 年 5 月 10 日（星期五）下午 14:30 （2）网络投票时间：2024 年 5 月 10 日，其中，通过深圳证券交易所系统进 行网络投票的具体时间为 2024 年 5 月 10 日上午 9:15—9:25，9:30—11:30，下 午 13:00-15:00；通过深圳证券交易所互联网投票系统投票的具体时间为 2024 年 5 月 10 日 9:15—15:00 期间的任意时间。 2、股东大会的召集人：公司董事会 3、股东大会的主持人：公司董事长周新华先生 4、会议召开的合法、合规性：本次会议的召开经 ...

法律意见书 二0二四年五月 湖南启元律师事务所 关于华凯易佰科技股份有限公司 湖南启元律师事务所 关于华凯易佰科技股份有限公司 2023年年度股东大会的 2023 年年度股东大会的法律意见书 致：华凯易佰科技股份有限公司 湖南启元律师事务所接受华凯易佰科技股份有限公司（以下简称"公司"） 的委托，指派律师出席了公司 2023 年年度股东大会（以下简称"本次股东大会"）， 对会议进行现场律师见证，并出具本法律意见书。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中华人 民共和国证券法》（以下简称"《证券法》"）、《上市公司股东大会规则》等法律、 法规和规范性文件以及《华凯易佰科技股份有限公司章程》（以下简称"《公司章 程》"）的有关规定，出具本法律意见书。 本律师出具本法律意见书基于公司已作出如下承诺：所有提供给本律师的文 件的正本以及经本律师查验与正本保持一致的副本均为真实、完整、可靠。 为出具本法律意见书，我们依法审核了公司提供的下列资料： 1 、公司于 2024 年 4 月 19 日发布在深圳证券交易所网站 （http://www.szse.cn）上的公司第三届董事会第三十二次会议决 ...

Investment Rating - The report maintains a rating of "Buy" for Huakai Yibai (300592) with a target price of 27.65 CNY, reflecting a positive outlook on the company's long-term development and expected acquisition progress [1][18]. Core Views - The company is actively advancing new product categories, regions, and channels, with expectations for acquisition matters to progress, indicating a strong long-term growth potential [1][18]. - Q1 revenue reached 16.97 billion CNY, representing a 23% year-on-year growth, while net profit attributable to shareholders was 0.82 billion CNY, up 7.67% [1][18]. - The report highlights a decline in net profit margin due to an increase in the proportion of lower-margin cross-border services and the impact of freight rates on European business [1][18]. Summary by Sections Financial Performance - Q1 revenue was 16.97 billion CNY, up 23.05% year-on-year, with net profit at 0.82 billion CNY, reflecting a 7.67% increase [1][18]. - The company expects revenue growth rates of 37%, 27%, and 21% for the years 2024-2026, maintaining a target price of 27.65 CNY [1][18]. - The gross profit margin for Q1 was 36.46%, down 1.54 percentage points, while the net profit margin showed a decline due to increased operational costs [1][18]. Business Strategy - The company is focusing on expanding its product offerings and market presence, particularly in emerging markets like Latin America and new platforms such as Allegro and Ozon [1][18]. - The report emphasizes the efficiency of the company's operations, with a significant number of SKUs available and strong performance in key product categories on platforms like Amazon [1][18]. Market Position - Huakai Yibai is positioned as a leading seller on Amazon, benefiting from early market entry advantages and a favorable policy environment for top sellers [1][18]. - The company is leveraging AI innovations to enhance operational efficiency and decision-making processes, which is expected to contribute positively to its growth trajectory [1][18].

证券代码：300592 证券简称：华凯易佰 公告编号：2024-053 华凯易佰科技股份有限公司 关于为全资子公司银行授信事项提供担保的进展公告 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。 一、担保情况概述 华凯易佰科技股份有限公司（以下简称"公司"）于 2023 年 4 月 18 日召开 第三届董事会第二十二次会议和第三届监事会第十七次会议，于 2023 年 5 月 15 日召开了 2022 年年度股东大会，会议审议通过了《关于公司和子公司 2023 年向 银行申请综合授信额度及提供担保的议案》。同意公司、子公司深圳市易佰网络 科技有限公司（以下简称"易佰网络"）及其全资子公司易佰科技有限公司（以 下简称"香港易佰"）战略发展规划及经营需要，2023 年度拟向银行申请不超 过人民币 92,785.84 万元综合授信额度，需提供相应担保；因与供应商业务合作， 2023 年度易佰网络及其全资子（孙）公司涉及不超过人民币 5,000 万元的内部 担保，授权期限自公司股东大会审议批准之日起 12 个月。具体内容详见 2023 年 4 月 20 日公司刊载于中国证 ...

Investment Rating - The report maintains a "Buy" rating for the company [9] Core Views - The company achieved a revenue of 6.518 billion yuan in 2023, representing a year-on-year growth of 47.56%, and a net profit attributable to shareholders of 332 million yuan, up 53.08% year-on-year [9] - The cross-border e-commerce business continues to grow steadily, with significant performance from new business segments [9] - The company is focusing on a strategic layout of "one body and two wings," enhancing its product quality and brand influence [9] Financial Summary - Revenue projections for 2024-2026 are 8.497 billion yuan, 10.197 billion yuan, and 11.497 billion yuan respectively, with corresponding net profits of 431 million yuan, 509 million yuan, and 581 million yuan [3][9] - The gross profit margin for 2023 was 36.96%, with a return on equity (ROE) of 15.6% [3][9] - Earnings per share (EPS) are projected to be 1.49 yuan, 1.76 yuan, and 2.01 yuan for 2024, 2025, and 2026 respectively [3][9] Market Data - As of April 30, 2024, the closing price of the stock was 18.77 yuan, with a total share capital of 289.18 million shares [1]

证券代码：300592 证券简称： 华凯易佰 公告编号：2024-052 华凯易佰科技股份有限公司 关于举行 2023 年度暨 2024 年第一季度网上业绩说明会的公告 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： 会 议 问 题 征 集 ： 投 资 者 可 于 2024 年 5 月 13 日 前 访 问 网 址 https://eseb.cn/1e0N4P4ullC 或使用微信扫描下方小程序码进行会前提问，公 司将通过本次业绩说明会，在信息披露允许范围内就投资者普遍关注的问题进行 回答。 特此公告。 一、说明会召开的时间、地点和方式 会议召开时间：2024 年 5 月 13 日（星期一）15:00-16:00 会议召开地点：价值在线（www.ir-online.cn） 会议召开方式：网络互动方式 二、参加人员 公司董事长、总经理周新华先生，副董事长胡范金先生，董事、董事会秘书 王安祺先生，董事、财务总监贺日新先生，独立董事钟水东先生。（如遇特殊情 况，参会人员可能进行调整） 三、投资者参加方式 投资者可于 2024 年 5 月 13 日（星 ...

Investment Rating - The report maintains a "Buy" rating for the company [7] Core Insights - The company achieved a revenue of 6.518 billion yuan in 2023, representing a year-on-year growth of 47.56%, and a net profit attributable to shareholders of 332 million yuan, up 53.61% year-on-year [3][10] - The "Yimai Ecological Platform" has accelerated its development, generating revenue of 786 million yuan, a significant increase of 188.52% year-on-year, and accounting for 12.05% of total revenue in 2023 [1][8] - The company is expanding its product categories and exploring new markets, including furniture and toys, while also targeting emerging platforms like TikTok and Temu [11] Financial Performance - In 2023, the gross margin and net margin were 36.96% and 5.35%, respectively, with slight declines of 0.97 and 0.17 percentage points year-on-year [2] - The company expects revenues of 8.478 billion yuan, 10.228 billion yuan, and 11.909 billion yuan for 2024, 2025, and 2026, respectively, with corresponding net profits of 448 million yuan, 551 million yuan, and 648 million yuan [8][9] - The cross-border e-commerce segment generated 5.696 billion yuan in revenue, reflecting a year-on-year growth of 38.62% [10] Strategic Initiatives - The company is focusing on a dual strategy of enhancing its core business while developing premium products and the Yimai Ecological Platform, aiming for sustained growth [8] - The introduction of a "semi-managed" service model on the Yimai platform is expected to help small and medium-sized sellers expand their overseas markets efficiently [11]

Investment Rating - The investment rating for the company is "Buy" (maintained) [1][11][24] Core Views - The company has demonstrated steady growth in performance, with a focus on enhancing shareholder returns [11][24] - The company is expected to achieve revenue of 8.57 billion yuan in 2024, representing a 31% year-on-year growth, and a net profit of 453 million yuan, reflecting a 36% increase [5][24] - The company is strategically positioned in the e-commerce sector, leveraging digitalization and operational efficiency to expand its global business [30] Financial Summary - Revenue (million yuan): 6,518 in 2023, projected to be 8,571 in 2024, 10,624 in 2025, and 12,311 in 2026, with growth rates of 48%, 31%, 24%, and 16% respectively [5][6] - Net profit (million yuan): 332 in 2023, expected to rise to 453 in 2024, 551 in 2025, and 667 in 2026, with growth rates of 53%, 36%, 22%, and 21% respectively [5][6] - Diluted EPS (yuan): 1.15 in 2023, projected to be 1.57 in 2024, 1.90 in 2025, and 2.31 in 2026 [5][6] - ROE (%): 16% in 2023, expected to increase to 19% in 2024, and stabilize at 18% in 2025 and 2026 [5][6] - P/E ratio: 20.15 in 2023, projected to decrease to 11.69 in 2024, 9.61 in 2025, and 7.94 in 2026 [5][6] Business Strategy - The company has established a comprehensive business model combining "general products, premium products, and cross-border e-commerce services" [30] - The general products segment has optimized its supply chain, with approximately 1.04 million SKUs and an average selling price of 107 yuan [30] - The premium products segment focuses on high-quality offerings, primarily sold through platforms like Amazon, with around 636 SKUs and an average selling price of 380 yuan [30] - The "Yimai" cross-border e-commerce platform offers diverse services to support sellers, including semi-managed services on Amazon and supply chain management [30]

Investment Rating - The report maintains a "Recommended" rating for the company, with a target price of 23 CNY, corresponding to a market value of 6.7 billion CNY based on a 15x PE ratio for 2024 [1]. Core Views - The company is expected to see significant growth in its premium and cross-border services, with projected net profits of 450 million CNY, 550 million CNY, and 640 million CNY for 2024, 2025, and 2026 respectively, reflecting year-on-year growth rates of 35%, 23%, and 17% [1]. - The company has successfully implemented its "One Body, Two Wings" strategy, achieving a revenue of 5.7 billion CNY in cross-border export business, a 38.6% increase year-on-year, and a remarkable 188.5% increase in cross-border e-commerce comprehensive service revenue [1]. Business Segments Summary - The cross-border export business has expanded significantly, with 1.04 million SKUs available and an average transaction value of 107 CNY. The premium product line includes categories such as clean appliances, home appliances, pet supplies, and lighting, with 636 SKUs and an average transaction value of 380 CNY [1]. - The company is leveraging AIGC technology to enhance its production processes, including the development of intelligent procurement systems, intelligent product selection systems, and smart customer service solutions [1]. - The acquisition of Tongtuo Technology is progressing, with plans to establish a headquarters in South China, supported by a 1.5 billion CNY investment [1]. Financial Performance Summary - In 2023, the company reported total revenue of 6.52 billion CNY, a year-on-year increase of 47.6%, and a net profit attributable to shareholders of 332 million CNY, up 53.6% [35]. - For the first quarter of 2024, the company achieved a revenue of 1.7 billion CNY, reflecting a year-on-year growth of 23.1%, and a net profit of 82 million CNY, a 7.7% increase [35]. - The company plans to distribute a cash dividend of 4 CNY per 10 shares, totaling 116 million CNY, with a payout ratio of 35% [35].

民币 50,000,000 元。 重要内容提示： 华凯易佰科技股份有限公司（以下简称"公司"）于 2024 年 3 月 8 日披露了《关 于董事配偶前次增持计划实施完毕暨再次增持公司股份计划的公告》（公告编号： 2024-025），公司副董事长胡范金先生之配偶罗春女士基于对公司未来发展前景的 强烈信心以及对公司投资价值的高度认同，计划自 2024 年 3 月 8 日起 6 个月内（除 法律、法规及深圳证券交易所业务规则等有关规定不准增持的期间之外）通过深圳 证券交易所交易系统以集中竞价交易方式使用自有资金或自筹资金增持公司股份， 在股价不高于 21 元/股的前提下，合计增持金额不低于人民币 50,000,000 元，具体 根据公司股票价格波动情况及资本市场整体趋势，择机实施增持计划。 近日，公司收到公司副董事长胡范金先生之配偶罗春女士提交的告知函，本次 增持公司股份比例已达到 1%；两次增持计划，罗春女士累计增持公司股份比例已达 到 2%，根据《上市公司收购管理办法》第十三条第三款规定，现将有关情况公告如 下： 一、增持主体的基本情况 罗春女士为公司副董事长胡范金先生之配偶，公司于 2024 年 2 月 5 ...