Core Viewpoint - Shenzhen Aoya Design Co., Ltd. reported significant changes in financial indicators for the year 2024, with net profit declining by 59.79% and financial expenses increasing by 481.09%, attracting market attention [1] Financial Performance Overview - In 2024, the company achieved operating revenue of 412,623,599.18 yuan, a decrease of 13.77% compared to the previous year [2] - The net profit attributable to shareholders was -282,078,584.27 yuan, a decline of 59.79% year-on-year, with basic earnings per share dropping to -4.7 yuan, down 59.86% [2] - The decline in performance was attributed to tightened government finances, sluggish macroeconomic recovery, project delays or cancellations, budget cuts, and intensified industry competition [2] Expense Analysis - Sales expenses decreased by 22.63% to 50,774,074.53 yuan, while management expenses fell by 12.57% to 100,479,044.54 yuan [3] - Financial expenses surged by 481.09% to 2,800,001.40 yuan, primarily due to increased loan interest [3] - Research and development expenses rose by 27.61% to 30,875,179.26 yuan, indicating a focus on technological innovation [3] Cash Flow Situation - The net cash flow from operating activities was -21,637,875.64 yuan, an improvement of 81.56% year-on-year [4] - The net cash flow from investing activities increased by 161.74% to 64,381,668.83 yuan, mainly due to the redemption of financial products [4] - The net cash flow from financing activities was -35,268,457.55 yuan, a decline of 122.30% year-on-year, primarily due to bank loan repayments [4] Key Financial Indicators - The company's profitability significantly declined, with a net profit of -282,078,584.27 yuan and a net profit margin of -68.36%, down from -36.89% the previous year [5] - The gross profit margin improved from 19.15% to 27.21%, indicating some success in cost control [5] Solvency Analysis - The asset-liability ratio at the end of 2024 was 42.62%, up from 36.97% the previous year, indicating increased debt pressure [6] - The current ratio was 1.65 and the quick ratio was 1.55, both lower than the previous year, suggesting weakened short-term solvency [6] Operational Efficiency - The accounts receivable turnover rate was 1.03 times, slightly down from 1.08 times, indicating slower collection of receivables [7] - The inventory turnover rate decreased to 6.09 times from 6.63 times, reflecting reduced efficiency in inventory management [7] Business Segment Analysis - The landscape design business generated revenue of 215,214,184.02 yuan, a decrease of 14.88%, but the gross profit margin improved to 42.68% [9] - The comprehensive cultural tourism business reported revenue of 166,578,195.66 yuan, down 14.41%, with a slight increase in gross profit margin to 9.77% [10] Market Challenges - Increased competition in the industry has led to pressure on the company's business execution and project timelines, necessitating improvements in core competitiveness [11] - Significant losses from private equity investments have impacted net profit, highlighting weaknesses in investment risk management [12] - Rising financial expenses due to increased loan interest indicate growing debt pressure and challenges in cash flow management [13] Future Outlook - Despite challenges, the company is taking measures to improve profitability and cash flow, with a focus on cost reduction and efficiency [14] - The strategic framework includes a dual focus on "creative design + family tourism" and "AI + IP," aiming for business transformation and innovation [14] - Recent project wins in early 2025 provide a foundation for future revenue growth, but ongoing attention to market dynamics and risk management is essential [14]

Core Viewpoint - In 2024, Aoya Co., Ltd. (300949.SZ) reported a revenue of 413 million yuan, a year-on-year decrease of 13.77%, primarily due to the impact of government fiscal tightening and macroeconomic pressures leading to project delays and cancellations [1][2]. Financial Performance - The company experienced a significant improvement in operating cash flow, with net outflow reduced by 81.56% [3]. - The core business gross margin stood at 42.68%, placing Aoya in the top tier of the industry [5]. Business Strategy - Aoya's core business includes "creative design + parent-child cultural tourism," leveraging an "AI + IP" dual-engine strategy to navigate through industry challenges [1][3]. - The company aims to become a leading service provider for stock asset appreciation and a brand operator in parent-child cultural tourism [5]. Market Position and Opportunities - Aoya has successfully bid for key urban renewal projects, such as the comprehensive development of the Guanyin community in Henan, which is expected to boost regional annual output value by over 2 billion yuan [5][6]. - The urban renewal business has surpassed traditional business in contract value contribution, aligning with national development trends [6]. Innovation and Technology - Aoya has introduced the "Aoya Urban Cultural Tourism Renewal Model," a multi-modal large model focused on urban cultural tourism design, enhancing operational efficiency [10][12]. - The company has increased R&D investment by nearly 30% in 2024, emphasizing AI as a core driver of its strategy [11]. IP Development - Aoya established JoyKey Culture to manage IP incubation and commercialization, aiming to create a sustainable business model around IP [13][15]. - The "Luo Jia Children's" brand has expanded to over 250 projects across 50 cities, serving more than a million families [9]. Future Outlook - The company targets a revenue contribution of 85% from strategic businesses like urban renewal and Luo Jia Children's over the next three years [9]. - Aoya's strategic focus on integrating IP with cultural tourism is expected to redefine user experiences and enhance market competitiveness [16].

Core Insights - In 2024, the company faced significant challenges in the capital market, leading to a revenue decline of 13.77% to 413 million yuan, but maintained a robust financial structure with a core business gross margin of 42.68% and an 81.56% reduction in operating cash flow outflow [1][2] - The company successfully optimized its revenue structure, with the landscape design business's share decreasing from 83.85% in 2020 to 52.16% in 2024, while the cultural tourism business's share increased to 40.37% [2] - The company has made significant strides in AI technology, with the Urban Flow platform enhancing project efficiency and reducing planning cycles from weeks to hours [3] Revenue Structure Optimization - The company's revenue structure has become more balanced, with over 70% of revenue coming from the collaboration between urban renewal and family tourism businesses [2] - The creative design business has excelled in urban renewal, with contract amounts surpassing traditional business, and the family tourism segment has expanded to over 250 projects across more than 50 cities, achieving a 42% year-on-year revenue increase [2] - The company invested over 100 million yuan in self-branded projects, aiming for profitability this year [2] AI and IP Development - The Urban Flow 3.0 model integrates extensive project experience and resources, significantly improving operational efficiency [3] - The establishment of Yueqi Culture marks the company's entry into the international IP market, transitioning from project-based models to independent brand operations [3] - Successful integration of AI and IP has been demonstrated in projects like the Guangzhou Children's Park, where AI reduced design time by 60% and increased foot traffic by 30% in the first month of a themed pop-up store [3] Project Wins and Future Outlook - In Q1 2025, the company secured major projects, including a 300 million yuan investment in the Qizhou Yanjia Yu Island project and a 1.275 billion yuan urban renewal project, showcasing its strength in managing large-scale projects [4] - The company expressed optimism about overcoming market challenges and is positioned for growth following a period of adversity [4]

| 报告概述 | | 2 | | --- | --- | --- | | 第一节 | 应对气候变化 | 3 | | 第二节 | 能源利用 | 6 | | 第三节 | 水资源利用 | 8 | | 第四节 | 乡村振兴 | 11 | | 第五节 | 社会贡献 | 14 | | 第六节 | 创新驱动 | 20 | | 第七节 | 供应链安全 | 25 | | 第八节 | 产品和服务安全与质量 | 28 | | 第九节 | 数据安全与客户隐私保护 | 30 | | 第十节 | 员工 | 32 | | 第十一节 | 尽职调查 | 34 | | 第十二节 | 利益相关方沟通 | 36 | | 第十三节 | 反商业贿赂及反贪污 | 37 | | 第十四节 | 反不正当竞争 | 41 | | 附录：《深圳市证券交易所上市公司自律监管指引第 | 17 号——可持续发展报告（试 | | | 行）》内容索引 | | 42 | 报告概述 一、报告概况 本报告根据公司 2024 年度履行社会责任、推进实现可持续发展方面的具体 情况而编制。 本报告披露的信息和数据来源于公司统计报告和正式文件，并通过相关部门 审核。 七、指代说明 二、编 ...

深圳奥雅设计股份有限公司 关于计提资产减值准备及核销坏账的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、本次计提资产减值准备情况概述 深圳奥雅设计股份有限公司（以下简称"公司""本公司"）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》相关规定，为了更加真实、准确地反映截至 2024 年 12 月 31 日的财务 状况和资产价值，基于谨慎性原则，公司对 2024 年 12 月 31 日合并报表范围内 的各类资产进行了全面清查和减值测试。公司 2024 年度相关资产计提资产减值 准备情况如下： 证券代码：300949 证券简称：奥雅股份 公告编号：2025-038 金额单位：人民币元 | 项目 | 本期计提金额 | | --- | --- | | 1、信用减值损失 | 57,931,052.59 | | 其中：应收账款 | 58,674,206.66 | | 其他应收款 | -1,031,212.50 | | 应收票据 | 29,894.25 | | 长期应收款 | 243,680.90 | | 一年 ...

深圳奥雅设计股份有限公司董事会 关于公司 2024 年度带强调事项段无保留意见的内部控制审 计报告的专项说明 经具有证券从业资格的天职国际会计师事务所（特殊普通合伙）（以下简称 "天职国际"）对深圳奥雅设计股份有限公司（以下简称"公司"或"奥雅股份"） 2024 年度财务报告内部控制的有效性进行审计，认为公司按照《企业内部控制 基本规范》和相关规定在所有重大方面保持了有效的财务报告内部控制，出具了 带强调事项段的无保留意见的审计报告，强调事项段内容不影响已对财务报告内 部控制发表的审计意见。根据《公司章程》的有关规定，公司董事会专项说明如 下： 一、 带强调事项段的无保留意见内部控制审计报告涉及事项 我们提醒内部控制审计报告使用者关注，如奥雅股份 2024 年度内部控制评 价报告所披露，奥雅股份持有熙华长睿 1 号私募证券投资基金、珠海横琴观致精 选 8 号私募证券投资基金、聚融汇-祥洪贰号私募证券投资基金份额被公安机关 采取限制措施。截至 2024 年 12 月 31 日,上述三只基金均已逾期尚未赎回，且赎 回时间和案件结果未来尚存在不确定性。奥雅股份对上述私募基金的跟踪管理、 效益分析监测以及其他必要的投 ...

证券代码：300949 证券简称：奥雅股份 公告编号：2025-029 深圳奥雅设计股份有限公司 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、准确和完整，没有虚假记 载、误导性陈述或重大遗漏。 为规范公司募集资金管理，保护中小投资者的权益，根据《中华人民共和国 证券法》《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》《深圳证券交易所创业板股票上市规则》和《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》等相关法律、法规和规范性文件 以及《公司章程》的规定，结合公司实际情况，公司制定了《募集资金使用管理 制度》。 根据《募集资金使用管理制度》等的相关规定，公司设立了募集资金专项账 户（以下简称"专户"），并于 2021 年 2 月 28 日分别与中国民生银行股份有限公 司深圳分行蛇口支行、招商银行股份有限公司深圳分行、中国光大银行股份有限 公司深圳南山支行及保荐机构光大证券股份有限公司签订了《募集资金三方监管 协议》。以上协议与《深圳证券交易所创业板上市公司募集资金三方监管协议（范 本）》不存在重大差异，公司在使 ...

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。 深圳奥雅设计股份有限公司（以下简称"公司"）于 2025 年 4 月 28 日召开 第四届董事会第十次会议，审议通过《关于变更注册资本并修订<公司章程>的议 案》，同意变更公司注册资本并修订《公司章程》中的相关条款。本议案尚需提 交公司股东大会审议。现将相关事项公告如下： 一、注册资本变更情况 根据《上市公司股权激励管理办法》《深圳证券交易所创业板上市公司自律 监管指南第 1 号—业务办理》《2023 年限制性股票激励计划（草案）》等有关规 定，公司 2023 年限制性股票激励计划授予的激励对象中有 3 人因个人原因已离 职、第一个解除限售期公司层面业绩考核不达标，公司拟回购注销已授予但尚未 解除限售的限制性股票共计 178,200 股。公司的注册资本由 60,506,500 元变更 为 60,328,300 元，公司的总股本由 60,506,500 股变更为 60,328,300 股。 证券代码：300949 证券简称：奥雅股份 公告编号：2025-034 深圳奥雅设计股份有限公司 关于变更注册资本并修订<公司 ...

深圳奥雅设计股份有限公司 关于未弥补亏损达到实收股本总额三分之一的公告 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有 虚假记载、误导性陈述或重大遗漏。 深圳奥雅设计股份有限公司(以下简称"公司")于 2025 年 4 月 28 日召开 第四届董事会第十次会议，审议通过了《关于未弥补亏损达到实收股本总额三分 之一的议案》，现将相关情况公告如下： 证券代码：300949 证券简称：奥雅股份 公告编号：2025-032 （1）报告期内，经营管理层迅速采取了降本增效等有效措施，使得公司毛 利率从去年同期 19.15%提高到本报告期 27.21%的行业较高水平，公司经营活动 产生的现金净流出减少 81.56%，除研发费用增加 27.61%外，销售费用、管理费 用分别减少 22.63%、12.57%。 在政府提振经济与促进消费的背景下，公司转型与实践的核心竞争优势加 速显现，2025 年一季度接连中标，为总投资约 12.75 亿元的河南洛阳市洛龙区 关林片区关林社区城市更新建设项目，担任项目总体规划、建筑与景观设计及 技术统筹，中标金额逾 3700 万元，标志着公司在历史文化名城更新领域再树 里程碑，彰 ...

深圳奥雅设计股份有限公司董事会 关于公司 2024 年度带强调事项段无保留意见的审计报告的 专项说明 一、 审计报告中带强调事项段涉及事项的情况 我们提醒财务报表使用者关注，如财务报表附注十八、其他重要事项（一）、 私募证券投资基金赎回受限所述，奥雅股份持有"熙华长睿 1 号私募证券投资基 金"、"聚融汇-祥洪贰号私募证券投资基金"及子公司上海深圳奥雅园林设计 有限公司持有"珠海横琴观致精选 8 号私募证券投资基金"被公安机关采取限制 措施。截至 2024 年 12 月 31 日，上述三只基金均已逾期尚未赎回，且赎回时间 和案件结果未来尚存在不确定性。本段内容不影响已发表的审计意见。 依据《中国注册会计师审计准则第 1503 号—在审计报告中增加强调事项段 和其他事项段》的规定，由于强调事项所涉及事项尚处于案件侦查阶段，公司持 有的基金赎回到账时间尚有不确定性，会计师在审计报告的强调事项段中进行说 明，提醒财务报表使用者关注。 二、 董事会专项说明 天职国际出具的 2024 年度带强调事项段的无保留意见的审计报告，旨在提 醒审计报告使用者关注已在财务报表及其附注中披露的事项，强调事项段中涉及 事项不影响公司报 ...