大华核字[2023]0012142 号 大 华 会 计 师 事 务 所 (特殊普通合伙 ) Da Hua Certified Public Accountants（Special General Partnership） 大华会计师事务所（特殊普通合伙） 大华会计师事务所（特殊普通合伙） 关于深圳证券交易所《关于对万兴科技集团 股份有限公司的关注函》的回复 关于深圳证券交易所《关于对万兴科技集团股份有限公司 的关注函》的回复 目 录 页 次 一、 大华会计师事务所（特殊普通合伙）关于深圳 证券交易所《关于对万兴科技集团股份有限公 司的关注函》的回复 1-10 大华会计师事务所（特殊普通合伙） 北京市海淀区西四环中路 16 号院 7 号楼 12 层 [100039] 电话：86 (10) 5835 0011 传真：86 (10) 5835 0006 www.dahua-cpa.com 大 华 会 计 师 事 务 所 （ 特 殊 普 通 合 伙 ） 关 于 深 圳 证 券 交 易 所 《 关 于 对 万 兴 科 技 集 团 股 份 有 限 公 司 的 关 注 函 》 的 回 复 大华核字[2023]0012142 ...

Financial Performance - The company achieved operating revenue of approximately CNY 354.72 million in Q1 2023, representing a year-on-year increase of 35.00%[13] - Net profit attributable to shareholders reached CNY 20.86 million, a significant increase of 686.26% compared to the same period last year[13] - The net profit after deducting non-recurring gains and losses was CNY 17.98 million, up 306.80% year-on-year[13] - The net cash flow from operating activities was CNY 20.10 million, improving by 171.01% compared to the previous year[13] - The net profit for the first quarter was CNY 24,967,797.70, a significant increase from CNY 1,403,943.52 in the previous year, reflecting a growth of approximately 1,674%[25] - Operating profit reached CNY 27,651,984.05, compared to CNY 4,264,881.37 in the same period last year, indicating a year-over-year increase of about 549%[25] - Total revenue from sales of goods and services amounted to CNY 355,436,971.91, up from CNY 263,270,938.93, representing a growth of approximately 35%[27] - The total profit before tax was CNY 27,665,880.07, compared to CNY 4,123,859.08 in the previous year, showing an increase of about 572%[25] - The company reported a significant increase in other income, which rose to CNY 4,246,302.84 from CNY 1,559,618.73, reflecting an increase of approximately 172%[25] Assets and Liabilities - The total assets at the end of the reporting period were CNY 1.52 billion, a decrease of 0.66% from the end of the previous year[13] - Cash and cash equivalents at the end of the period were ¥348,405,597.99, slightly up from ¥345,352,483.61 at the beginning of the year[22] - Accounts receivable increased to ¥48,081,461.85 from ¥45,109,715.95, reflecting a growth of approximately 6.5%[22] - Total current assets decreased to ¥645,043,837.37 from ¥648,382,009.19, a decline of about 0.5%[23] - Non-current assets totaled ¥877,116,733.62, down from ¥883,871,143.28, indicating a decrease of approximately 0.8%[23] - Total liabilities decreased to ¥607,855,413.91 from ¥649,232,576.56, a reduction of about 6.4%[24] - Total equity increased to ¥914,305,157.08 from ¥883,020,575.91, reflecting a growth of approximately 3.3%[24] Revenue Sources and Growth Drivers - The company's core video creative product line, including Filmora and Filmstock, saw overall revenue growth of over 45%[19] - Subscription revenue accounted for 70% of the overall revenue, contributing to rapid growth in both revenue and profit[45] - Operating revenue increased by 35.00%, primarily due to the continuous improvement in product and service quality[39] - Net profit attributable to shareholders increased by 686.26%, driven by revenue growth[39] - Net cash flow from operating activities rose by 171.01%, mainly due to an increase in cash received from sales[39] Research and Development - Research and development expenses increased to CNY 94,304,642.37 from CNY 81,287,656.61, marking a rise of about 16%[25] - The company is focusing on the development of AIGC painting algorithms to enhance AI model performance and generate diverse styles of images[45] - The company completed the functional implementation and optimization of several algorithms, including multi-person image swapping and high-definition portrait segmentation[45] Product Development and Features - The company launched a new digital human short video marketing content creation tool, enhancing automated content creation capabilities for users[20] - The mobile version 1.0 of EdrawMax was released, featuring thousands of templates and cloud synchronization across devices[21] - The company introduced AI features in its desktop and mobile versions of EdrawMax, supporting AI content generation and enhancing user productivity[21] - The company launched the industry-leading "automatic bookmark generation" feature for PDFelement, enhancing PDF reading and processing efficiency[46] Future Outlook - Future outlook includes potential market expansion and new product development strategies, although specific details were not provided in the financial documents[24]

Financial Performance - The company's operating revenue for 2022 was ¥1,180,123,604.41, representing a 14.67% increase compared to ¥1,029,158,102.77 in 2021[53]. - The net profit attributable to shareholders for 2022 was ¥41,255,184.46, a 47.73% increase from ¥27,845,527.64 in 2021[53]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥10,596,917.50, showing a slight increase of 0.05% from ¥10,510,369.15 in 2021[53]. - The net cash flow from operating activities decreased by 24.37% to ¥107,383,835.68 from ¥141,988,388.70 in 2021[53]. - Basic earnings per share for 2022 were ¥0.32, up 45.45% from ¥0.22 in 2021[53]. - The total assets at the end of 2022 were ¥1,532,253,152.47, a decrease of 0.68% from ¥1,540,893,281.47 at the end of 2021[53]. - The net assets attributable to shareholders at the end of 2022 were ¥883,678,691.62, reflecting a 0.44% increase from ¥879,723,915.92 at the end of 2021[53]. - The company's net profit attributable to shareholders for 2022, after excluding stock incentive expenses, was CNY 33.25 million[158]. - Total operating revenue for 2022 was CNY 1,180.12 million, representing a year-on-year increase of 14.67%[177]. - Revenue from the video creative segment reached CNY 745.22 million, accounting for 63.15% of total revenue, with a year-on-year growth of 27.82%[177]. - The company's net profit attributable to shareholders for Q4 2022 was ¥16,877,195.39, a notable recovery from a net loss of ¥25,391,771.97 in Q3 2021[200]. Market Strategy and Expansion - The company aims to expand its market presence in developing countries, particularly in China, to reduce reliance on a single market[17]. - The company is actively pursuing global expansion strategies, focusing on markets in Europe, the United States, Japan, and non-English speaking regions[171]. - The company is expanding its market presence in non-English speaking regions, enhancing localized operations to improve sales revenue and diversify income sources[153]. - The company has established subsidiaries in key regions such as North America, Japan, Singapore, and South Korea, expanding its global market presence[106]. - The company is actively exploring global emerging markets and enhancing user engagement through localized payment channels and business models[191]. Product Development and Innovation - The company plans to enhance its focus on emerging technology trends and optimize its R&D direction based on market demands[16]. - The company is actively exploring and developing new technologies in the digital creative field, including AI algorithms and 3D virtual humans, which require significant investment and have inherent risks[36]. - The company launched new AI tools, including AI image generation and digital human short video marketing tools, enhancing its product offerings[104]. - The company launched a new high-quality AI image generation tool, Wanxing Aihua, offering three creative modes: AI text painting, AI image-to-image, and AI sketching[110]. - The company updated its document creativity product line, including the release of PDFelement 9.0 and HiPDF 3.0, enhancing AI capabilities and user experience[166]. - The company has established a strategic research and technology innovation department to drive product and technology innovation, focusing on AI technologies[131]. - AI technologies such as AI face swapping, AI background removal, and AI audio reconstruction have been successfully integrated into core products, improving product competitiveness and user experience[109]. - The company emphasizes a "user-first" product development strategy, ensuring high responsiveness and iterative improvements based on user feedback[104]. Risk Management - The company faces risks related to product innovation and competition, as well as challenges in attracting and retaining high-quality talent[14][20]. - The company acknowledges potential adverse impacts from currency fluctuations on its international sales[19]. - The company faces risks related to foreign exchange fluctuations and will adopt flexible hedging strategies to mitigate these risks[39]. - The company is committed to strengthening its risk management capabilities in response to global political and economic developments[17]. - The company has implemented strict internal control management to conduct annual impairment tests on goodwill-related asset groups to mitigate the risk of goodwill impairment[67]. Shareholder Relations and Corporate Governance - The company will not distribute cash dividends or issue bonus shares during this reporting period[22]. - The company emphasizes the importance of maintaining a strong internal control system to protect shareholder interests[1]. - The actual controller and shareholders of the company committed to achieving a total audited net profit of no less than RMB 63 million for the years 2019, 2020, and 2021, with annual minimums of RMB 18 million, RMB 21 million, and RMB 24 million respectively[62]. - If the cumulative net profit falls below the committed amount, the responsible parties must compensate the company in cash based on a specific calculation method[62]. - The company has agreed to reward shareholders with 50% of any net profit exceeding RMB 63 million during the performance commitment period, capped at 5% of the transaction price[62]. - The company’s major shareholders have committed to not transferring more than 5% of their shares within 12 months after the lock-up period ends, ensuring control stability[64]. - The company has a continuous supervision agreement with Huayin Securities, effective from July 1, 2021, to December 31, 2023[77]. - The company has actively engaged in investor relations, ensuring transparent communication and enhancing its image in the capital market[145]. Operational Efficiency - The company has implemented stock option and restricted stock incentive plans for its executives, with certain options being canceled due to performance criteria not being met[31]. - The company is enhancing its product matrix to provide a richer and more engaging creative experience for users[110]. - The company is committed to deepening its subscription transformation process, continuously optimizing user experience and enhancing user stickiness[130]. - The company has significantly increased its R&D investment from CNY 219 million in 2020 to CNY 348 million in 2022, representing 22.39%, 31.88%, and 29.47% of its revenue respectively[132]. - The company has focused on continuous product optimization and user experience enhancement to strengthen its competitive position in the digital creative software sector[156]. - The company expanded its third-party agent count by 158% year-on-year, contributing to a 35% increase in related business[195]. - The total number of employees as of December 31, 2022, was 1,480, an increase of 8.42% year-on-year, with R&D personnel growing by 5.96%[196]. Industry Trends - The software and information technology service industry in China achieved a revenue of 10.81 trillion yuan in 2022, with a year-on-year growth of 11.2%[86]. - The software industry’s total profit reached 1.26 trillion yuan in 2022, reflecting a year-on-year increase of 5.7%[86]. - The global online video viewing population reached 3.37 billion in 2022, growing by 5.2% year-on-year[89]. - The global market for creative material resources is projected to exceed $7 billion by 2027, up from approximately $4.68 billion in 2021[89]. - The global data management market size exceeded 80 billion USD in 2022, with a projected annual growth rate of 23.5% for the mobile device management market, expected to reach 15.9 billion USD by 2028[119].

债券代码：123116 债券简称：万兴转债 证券代码：300624 证券简称：万兴科技 公告编号：2023-026 万兴科技集团股份有限公司 关于举行 2022 年度业绩说明会的公告 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。 万兴科技集团股份有限公司（以下简称"公司"）2022 年度报告及其摘要已 于 2023 年 4 月 8 日刊登于巨潮资讯网（www.cninfo.com.cn）。 为让广大投资者更全面、深入地了解公司 2022 年度经营情况，公司将于 2023 年 4 月 27 日（星期四）下午 15:00-16:00 在全景网举行 2022 年度网上业绩说明 会，本次年度业绩说明会将采用网络远程的方式举行，投资者可登陆"全景·路 演天下"（http://rs.p5w.net）参与本次年度业绩说明会。 出席本次年度业绩说明会的人员有：公司董事长、总经理吴太兵先生，董事、 财务总监、副总经理、董事会秘书孙淳先生，独立董事陈琦胜先生，保荐代表人 柯润霖先生。 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 ...

证券代码：300624 证券简称：万兴科技 万兴科技集团股份有限公司 投资者关系活动记录表 编号：2020-003 | --- | --- | --- | |---------------------------|-------------------------------------------------|-------------------------------------------------------------------| | 投 资 者 关 系 \n活动类别 | □ \n□ | 媒体采访 □业绩说明会 \n新闻发布会 □路演活动 | | | 现场参观 | 其他 （深交所走进上市公司活动） | | 参 与 单 位 名 | 1 、深圳证券交易所：王腾； | | | 称 及 人 员 姓 名 | 2 | 、招商证券股份有限公司：陈舒然、白雨欣、李康、滕腾、吴佳瑞； | | | 3 | 、招商证券邀请的投资者：吴伟雄、王丹等 29 人。 | | 时间 | 2020 年 9 月 16 | 日 14:30 | | 地点 | 公司会议室 | | | 上 市 公 司 接 | 万兴科技董事长：吴太兵 万 ...

证券代码：300624 证券简称：万兴科技 万兴科技集团股份有限公司 投资者关系活动记录表 编号：2020-004 | --- | --- | --- | |--------------------------|--------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

证券代码：300624 证券简称：万兴科技 万兴科技集团股份有限公司 投资者关系活动记录表 编号：2021-001 | --- | --- | --- | |--------------------------|-----------------------------|--------------------------------------------------------------------------------------------------------------------------| | 投资者关系 活动类别 | □ \n□ \n□ □ 现场参观 | 特定对象调研 □分析师会议 \n媒体采访 □业绩说明会 \n新闻发布会 □路演活动 \n其他 （东北证券组织的万兴科技机构投资者交流会） | | 参与单位名 称及人员姓 名 | 刘寻峰；合煦智远 | 东北证券-邵珠印；东方阿尔法-刘明；狄道投资-黄帅；鼎萨投资-张王品、 - 何宇涵；诚鸣资产-马天鸣 | | 时间 | 2021 年 1 月 13 | 日 | | 地点 | 东海朗廷 | | | 上市公司接 待人员 | 万兴科技董事会秘 ...

编号：2021-002 证券代码：300624 证券简称：万兴科技 万兴科技集团股份有限公司 投资者关系活动记录表 | --- | --- | --- | --- | |------------|-------------------------------------|--------------------------------------|--------------------------| | | | | | | | □特定对象调研 □分析师会议 | | | | 投资者关系 | □媒体采访 □业绩说明会 | | | | 活动类别 | □新闻发布会 □路演活动 | | | | | □现场参观 | | | | | 其他 | （万兴科技机构投资者线上交流会） | | | | 1 、博时基金张晔、周心鹏 | | | | | 2、东方阿尔法陈渭文 | | | | | 3、信达澳银徐聪 | | | | 参与单位名 | 4 、华商基金戴福宏、金曦 | | | | 称及人员姓 | 5、嘉实基金谢泽林 | | | | 名 | 6 、工银瑞信基金李昱 | | | | | 7 、汇添富基金夏正安、杨瑨 | | | | ...

编号：2021-003 证券代码：300624 证券简称：万兴科技 万兴科技集团股份有限公司 投资者关系活动记录表 | --- | --- | --- | |--------------------------|-------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | | | | □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 | （万兴科技机构投资者线上交流会） | | | | 国盛证券（杨烨）、国信证券（黄浩峻） ...

Financial Performance - The company's operating revenue for Q3 2022 was CNY 298,076,621.85, representing a year-on-year increase of 17.37%[11] - The net profit attributable to shareholders for Q3 2022 was CNY 12,681,436.88, a significant increase of 149.94% compared to the same period last year[11] - The basic earnings per share for Q3 2022 was CNY 0.10, up 150.00% from the previous year[11] - The company achieved a revenue growth of 17.37% year-on-year for the reporting period, and a cumulative revenue growth of 10.79% compared to the same period last year[29] - The company's net profit for the period was ¥50,448,149.29, an increase from ¥42,672,433.77, representing a growth of 18.00%[41] - Net profit attributable to shareholders of the parent company was ¥24,377,989.07, up from ¥21,885,571.13, reflecting a year-over-year increase of about 11.4%[43] - Total comprehensive income for the period was ¥49,141,817.53, compared to ¥43,577,128.68 in the previous period, marking an increase of around 12.5%[43] Cash Flow and Assets - The company achieved a net cash flow from operating activities of CNY 49,418,964.54, down 43.84% year-on-year[21] - The company's operating cash flow for the period was ¥49,418,964.54, a decrease from ¥88,000,843.02 in the previous period, indicating a decline of approximately 43.8%[47] - Total assets at the end of Q3 2022 were CNY 1,478,893,583.68, a decrease of 4.02% from the end of the previous year[11] - Total current assets decreased to ¥623,045,702.42 from ¥725,200,561.40, a decline of 14.06%[34] - The cash and cash equivalents dropped significantly to ¥228,093,001.36 from ¥459,857,313.80, a decrease of 50.48%[34] - The cash and cash equivalents at the end of the period stood at ¥218,484,841.08, down from ¥272,125,538.36, showing a decrease of approximately 19.7%[49] Expenses and Liabilities - Financial expenses increased by 235.41% year-on-year, totaling CNY 12,546,735.46, primarily due to interest expenses from convertible bonds issued in June 2021[21] - Total operating costs amounted to ¥813,673,864.04, up from ¥732,251,052.68, reflecting a year-over-year increase of 11.11%[41] - The company reported a financial expense of ¥12,546,735.46, which is significantly higher than ¥3,740,714.27 from the previous year, indicating an increase of 235.00%[41] - Total liabilities decreased to ¥620,261,451.12 from ¥661,435,969.29, a reduction of 6.23%[37] Research and Development - R&D expenses are being effectively controlled while maintaining a stable structure of R&D personnel, which constitutes approximately 56% of the total workforce[31] - Research and development expenses were ¥251,098,194.34, compared to ¥238,095,484.92, indicating an increase of 5.00% year-over-year[41] Product and Market Strategy - The company focused on enhancing product and service quality, leading to stable revenue growth and a steady transition to subscription models[11] - The company has enhanced its data foundation and refined user attribute tagging to drive business growth amid external pressures and market competition[29] - The company has released new products including Repairit Online and Repairit for Email, along with major updates to PDFelement 9.0, EdrawMax Online 12.0, FilmoraGo 7.0, and MobileTrans 4.0[31] - The company is focusing on user needs, product iteration, and technological innovation to enhance market competitiveness[31] - The company is actively expanding marketing channels to increase brand awareness and reputation[29] - The company has made significant improvements in product quality and user experience through continuous technological upgrades[30] - The company is committed to driving innovation in technology development and improving user service systems to enhance user stickiness[31] Investment Income - Investment income rose by 142.54% year-on-year to CNY 13,557,525.89, driven by interest income from structured deposits[21]