宁波创源文化发展股份有限公司 2019 年第一季度报告全文 宁波创源文化发展股份有限公司 2019 年 04 月 1 宁波创源文化发展股份有限公司 2019 年第一季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人任召国、主管会计工作负责人邓建军及会计机构负责人(会计主 管人员)王飒声明：保证季度报告中财务报表的真实、准确、完整。 2 宁波创源文化发展股份有限公司 2019 年第一季度报告全文 2019 年第一季度报告 2019-048 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期 | 上年同期 | 本报告期比上年同期增减 | | --- | --- | --- | --- | | 营业总收入（元） | 170,030,587.16 | 143,082,757.98 | 18.83% | | 归属于上市公司股东的净利润（元） | 8,927, ...

Financial Performance - The company's operating revenue for 2018 was ¥800,272,710.72, representing an increase of 18.13% compared to ¥677,478,338.42 in 2017[17]. - The net profit attributable to shareholders for 2018 was ¥83,255,917.81, a growth of 37.55% from ¥60,526,037.28 in 2017[17]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥69,659,953.05, up 57.88% from ¥44,121,194.23 in 2017[17]. - The total operating revenue for 2018 reached ¥800,272,710.72, representing an 18.13% increase from ¥677,478,338.42 in 2017[51]. - The revenue from the fashion stationery category was ¥457,205,698.34, accounting for 57.13% of total revenue, with a year-on-year growth of 32.40%[51]. - The company reported a significant increase in revenue from Asia (excluding China) by 356.95%, reaching ¥46,182,012.53[52]. - The company reported a total of 19,575,000 shares held by directors and senior management at the end of the reporting period, with a net increase of 652,500 shares during the year[195]. Dividend Distribution - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares, totaling 120,000,000 shares, and will also increase capital by 5 shares for every 10 shares held[4]. - The 2018 profit distribution plan includes a cash dividend of 3.00 RMB per 10 shares, totaling 36 million RMB, with a capital reserve increase of 5 shares for every 10 shares held, raising total shares to 180 million[108][110]. - The cash dividend payout ratio for 2018 was 43.24% of the net profit attributable to shareholders, compared to 46.26% in 2017 and 39.69% in 2016[113]. - The company has a profit distribution policy that ensures at least 10% of the distributable profit is allocated as cash dividends each year[122]. - The company will prioritize cash dividends when conditions are met, with stock dividends being implemented only under specific circumstances[123]. Risk Management - The company emphasizes the importance of risk awareness regarding future plans and development strategies, indicating potential risks in the outlook section of the report[4]. - The company faces risks related to high dependence on overseas markets, particularly North America, where fluctuations could impact revenue growth[100]. - The company plans to implement a foreign exchange hedging management system to mitigate exchange rate risks, focusing on normal operations and specific business activities[102]. - The company aims to enhance its supply chain management and strategic procurement to mitigate risks from raw material price fluctuations, which significantly impact operating costs[102]. - The company has taken measures to manage the risk of uncollected accounts receivable by obtaining export credit insurance and optimizing customer credit management[103]. Research and Development - R&D expenditure for 2018 was CNY 54.19 million, accounting for 6.77% of revenue, with a year-on-year increase in design outputs by 7.02%[40][46]. - The company obtained a total of 245 patents by the end of 2018, including 22 invention patents, 166 utility model patents, and 57 design patents[40][46]. - The company has a robust R&D mechanism focused on product innovation, collaborating closely with U.S. retailers[34]. - The company is investing heavily in R&D, allocating 10% of its revenue towards developing new technologies and products[199]. - The company emphasizes the importance of continuous innovation in R&D to meet market demands and avoid stagnation in growth[100]. Market Strategy - The company focuses on high-end educational and cultural products, exporting to over 40 countries and regions including the US, Europe, and Australia[28]. - The company aims to enhance its product development and innovation management system to meet diverse customer needs[28]. - The company aims to strengthen its market position in North America while actively exploring opportunities in Europe and Australia, focusing on a "one main, two wings" strategy[96]. - The company is actively developing domestic markets and exploring e-commerce operations to counter potential impacts from US-China trade tensions[104]. - The company aims to increase its online sales channel contribution to 40% of total sales by the end of 2023[199]. Operational Efficiency - The company has implemented a lean production management model to improve operational efficiency and reduce costs[47]. - Operational efficiency improvements have led to a 5% reduction in costs, positively impacting the overall profit margin[200]. - The company completed 57 mechanization upgrades in 2018, significantly enhancing production efficiency and laying a solid foundation for 2019 targets[52]. - The company has established a dual-base model in Ningbo and Anhui to create flexible production lines[28]. - The company has established a strong online and offline sales strategy, including partnerships with major e-commerce platforms[29]. Corporate Governance - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[114]. - The company’s actual controller has committed to not transferring or entrusting shares for 36 months post-IPO[116]. - The company has established a clear policy regarding share transfer limitations for its directors and executives during and after their tenure[116]. - The company has committed to not engaging in any business that directly or indirectly competes with its operations, ensuring no new investments or acquisitions in similar businesses[124]. - The company has established procedures to ensure that related party transactions do not harm the interests of minority shareholders[126]. Social Responsibility - The company has been actively fulfilling its social responsibilities since its establishment in 2001, focusing on ethical practices and community engagement[165]. - The company emphasizes employee development and welfare, providing benefits according to national standards and regulations[167]. - The company is involved in a project aimed at promoting art education in underdeveloped areas, aligning with national poverty alleviation policies[167]. - The company and its subsidiaries are not classified as key pollutant discharge units by environmental protection authorities and have not experienced any environmental accidents during the reporting period[170]. - The company has committed to compensating any losses incurred by shareholders due to non-compliance with its commitments[125].

宁波创源文化发展股份有限公司 2018 年第三季度报告全文 宁波创源文化发展股份有限公司 2018 年第三季度报告 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人任召国、主管会计工作负责人邓建军及会计机构负责人(会计主 管人员)王飒声明：保证季度报告中财务报表的真实、准确、完整。 2 宁波创源文化发展股份有限公司 2018 年第三季度报告全文 2018-068 2018 年 10 月 1 宁波创源文化发展股份有限公司 2018 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 932,230,492.95 | 808,451,792.56 | | 15.31% | | 归属于上市公司股东的净资产 | ...

Financial Performance - Total operating revenue for the reporting period reached ¥370,459,014.50, an increase of 14.48% compared to ¥323,599,919.44 in the same period last year[18]. - Net profit attributable to shareholders of the listed company was ¥29,798,576.60, representing a growth of 23.61% from ¥24,106,284.69 year-on-year[18]. - Basic earnings per share decreased by 7.41% to ¥0.25 from ¥0.27 in the same period last year[18]. - The total profit reached 39.34 million yuan, an increase of 34.36% compared to the previous year[25]. - The net profit after deducting non-recurring gains and losses was ¥23,479,856.36, a modest increase of 3.97% from ¥22,584,080.44 year-on-year[18]. - The total comprehensive income for the period was CNY 29,836,714.59, compared to CNY 23,821,772.08 in the same period last year[155]. - The company reported a decrease in total comprehensive income of 102,394.38, with a total of 23,821,772.08 for the current period[172]. Cash Flow and Liquidity - Net cash flow from operating activities was negative at ¥41,157,608.93, a decline of 198.04% compared to a positive cash flow of ¥41,978,838.98 in the previous year[18]. - The cash flow from operating activities was CNY 307,514,327.39, down from CNY 349,112,092.17 in the same period last year[161]. - The company reported a net increase in cash and cash equivalents of -7,294,999.46 CNY for the current period[163]. - The total cash and cash equivalents at the end of the period were 123,415,980.78 CNY, down from 130,710,980.24 CNY at the beginning of the period[163]. - The company reported a significant increase in accounts receivable, indicating potential risks in cash flow management as business scales up[79]. Assets and Liabilities - Total assets increased by 10.07% to ¥889,878,996.59 from ¥808,451,792.56 at the end of the previous year[18]. - Total liabilities rose to CNY 302,891,048.24, up from CNY 224,430,558.80, indicating an increase of about 34.9%[146]. - The company's total assets reached CNY 889,878,996.59, compared to CNY 808,451,792.56 in the previous period, marking an increase of about 10%[147]. - The total liabilities to equity ratio increased, indicating a higher leverage position for the company compared to the previous period[146]. Investment and R&D - The company invested 17.31 million yuan in R&D in the first half of 2018, accounting for 4.67% of revenue[34]. - The company is enhancing its product design and technological innovation capabilities to strengthen market competitiveness[38]. - The company is actively researching and designing products to meet market demands, particularly for major clients, indicating a proactive approach to market trends[40]. - The company has established a creative design center in the United States and utilizes an internet platform for product development, enhancing its market responsiveness[25]. Market and Business Strategy - The company is focusing on expanding its market presence in the U.S. and Europe, achieving significant progress in these regions[28]. - The craft and stationery industry is experiencing stable growth, with the global stationery market projected to grow at an annual rate of 3.9% from 2014 to 2020[29]. - The company is actively exploring the feasibility of establishing production bases in other countries to diversify its market presence[80]. - The company plans to enhance its market presence by establishing a domestic marketing department and expanding into the domestic cultural products market[77]. Shareholder and Equity Information - The company has not distributed cash dividends or bonus shares for the first half of 2018[84]. - The largest shareholder, Ningbo Beilun Helix Management Consulting Co., Ltd., holds 31.13% of the shares, totaling 37,350,000 shares, with an increase of 12,450,000 shares during the period[127]. - The total number of ordinary shareholders at the end of the reporting period was 17,750[126]. - The company plans to release restricted shares on September 19, 2018, due to capital reserve transfer[124]. Compliance and Governance - The company has not reported any significant changes in its accounting policies or financial reporting standards during the reporting period[19]. - The financial report for the half-year period was not audited[143]. - The company has evaluated its ability to continue as a going concern for the next 12 months and found no significant doubts regarding its ability to operate[184]. - The financial statements comply with the requirements of the accounting standards and reflect the company's financial position as of December 31, 2017, and its operating results for the year 2017[186].

Financial Performance - Total revenue for Q1 2018 was ¥143,082,757.98, a decrease of 2.37% compared to ¥146,556,677.26 in the same period last year[7] - Net profit attributable to shareholders was ¥1,763,095.32, down 89.87% from ¥17,401,964.80 year-on-year[7] - Basic earnings per share decreased by 93.10% to ¥0.02 from ¥0.29 in the same period last year[7] - The company reported a 84.92% decrease in income tax expenses to RMB 595,087.64, correlating with a reduction in total profit[20] - The company recorded a total operating loss of CNY -862,946.88, contrasting with an operating profit of CNY 17,335,178.50 in the previous year[47] - The company’s total comprehensive income for Q1 2018 was CNY 44,155.53, a stark decrease from CNY 15,467,327.48 in the same quarter last year[48] Cash Flow and Liquidity - Net cash flow from operating activities was -¥48,552,041.61, a decline of 358.70% compared to ¥18,767,706.91 in the previous year[7] - Cash and cash equivalents decreased by 40.85% from RMB 143.71 million to RMB 84.99 million due to payments for salaries, bonuses, and loan repayments[19] - The company's cash and cash equivalents decreased from ¥143,710,980.24 at the beginning of the period to ¥84,997,994.34 at the end, representing a decline of approximately 40.5%[35] - The net cash flow from operating activities was -38,929,904.09, a significant decrease compared to 10,994,349.66 in the previous year[55] - The net increase in cash and cash equivalents was -57,221,463.97, compared to -2,667,304.56 in the previous year[56] Assets and Liabilities - Total assets at the end of the reporting period were ¥778,016,944.91, down 3.76% from ¥808,451,792.56 at the end of the previous year[7] - Total current assets decreased from ¥606,995,186.77 to ¥570,597,142.97, a reduction of about 6.0%[35] - Total liabilities decreased from ¥224,430,558.80 to ¥192,491,094.27, a decrease of about 14.2%[37] - The company's total equity increased slightly from ¥584,021,233.76 to ¥585,525,850.64, an increase of approximately 0.3%[38] Operational Efficiency - Total operating costs increased to CNY 145,349,511.00 from CNY 127,645,566.52, with operating costs specifically rising to CNY 101,800,774.58 from CNY 95,450,790.17[44] - Sales expenses increased by 40.84% to RMB 10.81 million, mainly due to higher transportation costs and sales personnel salaries[20] - The company plans to enhance efficiency and profitability in 2018, focusing on product technology and marketing capabilities[25] Market Strategy and Risk Management - The company plans to enhance its market layout by establishing a domestic market department to reduce reliance on overseas markets[10] - The company will implement foreign exchange hedging management to mitigate risks associated with currency fluctuations[10] - The company aims to strengthen its R&D capabilities to meet market demands and enhance product differentiation[11] - The company has taken measures to mitigate accounts receivable risks by obtaining export credit insurance[11] Shareholder Information - Total number of common shareholders at the end of the reporting period is 14,878[15] - The top ten shareholders hold a combined 55.14% of shares, with the largest shareholder owning 31.13%[15] - The top five suppliers accounted for 29.24% of total purchases, with total procurement from them reaching 292.77 million yuan, a 29.24% increase year-on-year[24] - The top five customers contributed 48.69% of total sales, with sales amounting to 696.61 million yuan, showing a slight decrease from the previous year[24]

Financial Performance - The company's operating revenue for 2017 was ¥677,478,338.42, representing a 3.53% increase compared to ¥654,348,345.25 in 2016[17] - The net profit attributable to shareholders for 2017 was ¥60,526,037.28, a decrease of 19.92% from ¥75,577,804.67 in 2016[17] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥44,121,194.23, down 36.09% from ¥69,037,221.85 in 2016[17] - The net cash flow from operating activities increased by 11.14% to ¥98,538,039.28 in 2017 from ¥88,662,197.66 in 2016[17] - The total assets at the end of 2017 were ¥808,451,792.56, a significant increase of 71.41% from ¥471,647,904.16 at the end of 2016[17] - The net assets attributable to shareholders rose by 209.51% to ¥583,293,080.52 at the end of 2017 from ¥188,458,638.11 at the end of 2016[17] - The basic earnings per share for 2017 were ¥0.93, down 26.19% from ¥1.26 in 2016[17] - The weighted average return on equity decreased to 21.06% in 2017 from 48.80% in 2016, a decline of 27.74%[17] - Operating profit decreased by 25.69% year-on-year to CNY 58.42 million, while total profit fell by 13.10% to CNY 76.23 million[39] - The company reported a net profit from continuing operations of ¥60,082,730.84 for the year[155] Revenue Breakdown - The company reported a quarterly revenue breakdown, with the highest revenue in Q2 at ¥177,043,242.18[19] - The fashion stationery category generated ¥345,312,194.63, accounting for 50.97% of total revenue, with a year-on-year growth of 21.88%[45] - North America accounted for 86.50% of total revenue, with a year-on-year increase of 5.43%[47] - Export sales accounted for 99.88% of the company's main business revenue in 2017, with North America representing 87.06% of sales[94] Investment and R&D - The company invested CNY 39.78 million in R&D in 2017, accounting for 5.87% of operating revenue, which is higher than the average of comparable listed companies[36] - The company initiated several R&D projects, including the development of DIY 3D scene projects and creative light pin puzzle products, to enhance product value[57] - A new technology initiative is underway, aiming to invest 200 million RMB in R&D to develop innovative content delivery platforms[152] Market Strategy - The company is focusing on expanding its market share in North America, particularly in the fashion stationery and health sports product sectors[39] - The company plans to enhance its market layout by forming a China market department to enter the domestic cultural products market[90] - The company intends to increase creative design investments in the U.S. and expand collaborations with European and American retailers[91] - The company is actively pursuing market expansion strategies, targeting a 10% increase in market share in the next year[149] Cost Management - The company is focused on cost control and budget management to improve profitability and risk resilience[92] - The company has committed to reducing operational costs by 5% through efficiency improvements and technology upgrades[151] - The company achieved a significant reduction in direct materials costs for the handmade educational toys category, decreasing by 21.53% from ¥129,397,995.77 in 2016 to ¥101,542,905.20 in 2017[51] Shareholder Returns - The company plans to distribute a cash dividend of ¥3.50 per 10 shares, totaling ¥28,000,000 based on 80,000,000 shares[4] - The company reported a net profit of RMB 46.15 million for 2017, with a total distributable profit of RMB 76.89 million after accounting for dividends[103] - The company has consistently maintained a positive profit distribution plan over the past three years, with increasing cash dividends[106] Corporate Governance - The company emphasizes a stable and continuous profit distribution policy, prioritizing shareholder interests and sustainable development[138] - The profit distribution policy is determined by the board of directors and requires approval from more than half of the board members[137] - The company has committed to fulfilling its promises regarding shareholding and dividend distribution as per the acquisition report[107] Risk Management - The company faces risks related to reliance on overseas markets, with potential impacts from fluctuations in exchange rates and raw material prices[94][95][96] - The company is focused on maintaining stable business growth in the US market while gradually expanding into developed markets such as Europe and Australia[127] Social Responsibility - The company emphasizes its commitment to social responsibility and ethical practices since its establishment in 2001[187] - Employee rights are protected in accordance with labor laws, with the company providing necessary welfare benefits and social insurance[188] Compliance and Legal Matters - The company did not experience any major litigation or arbitration matters during the reporting period[160] - The company has not reported any entrusted loans during the reporting period[185] - The company has no reported violations regarding external guarantees during the reporting period[180]

宁波创源文化发展股份有限公司 2017 年第三季度报告全文 宁波创源文化发展股份有限公司 2017 年第三季度报告 2017-009 2017 年 10 月 1 宁波创源文化发展股份有限公司 2017 年第三季度报告全文 第一节 重要提示 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本次季报的董事会会议。 公司负责人任召国、主管会计工作负责人邓建军及会计机构负责人(会计主 管人员)王飒声明：保证季度报告中财务报表的真实、准确、完整。 2 宁波创源文化发展股份有限公司 2017 年第三季度报告全文 第二节 公司基本情况 一、主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 805,980,843.92 | | 471,647,904.16 | 70.89% | | 归属于上市公司股东的净资产 | ...