证券代码：301061 证券简称：匠心家居 公告编号：2023-029 常州匠心独具智能家居股份有限公司 关于召开2023年第一次临时股东大会的通知 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。 2、股东大会的召集人：公司董事会。公司第二届董事会第八次会议审议通 过了《关于提请召开公司 2023 年第一次临时股东大会的议案》。 3、会议召开的合法、合规性：本次股东大会召开符合有关法律、行政法规、 部门规章、规范性文件和《公司章程》的规定。 4、会议召开的日期、时间： （1）现场会议时间：2023 年 9 月 15 日（星期五）下午 15：00； （2）网络投票时间：通过深圳证券交易所交易系统进行网络投票的时间为 2023 年 9 月 15 日上午 9:15-9:25，9:30-11:30，下午 13:00-15:00；通过深圳证券 交易所互联网系统投票的时间为 2023 年 9 月 15 日上午 9:15 至下午 15:00 的任 意时间。 5、会议的召开方式：本次股东大会采用现场表决与网络投票相结合的方式 召开。 （1） 现场投票：股东本人出席现场会议或者 ...

证券代码：301061 证券简称：匠心家居 常州匠心独具智能家居股份有限公司 投资者关系活动记录表 编号：2023-001 ☐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 形式 ☐现场 网上 ☐电话会议 参与单位名称及 人员姓名 线上参与公司2022年度网上业绩说明会的投资者 时间 2023年06月01日 15:00-17:00 地点 全景网（http://ir.p5w.net） 董事长：李小勤 董事兼总经理：徐梅钧 上市公司接待人 员姓名 董事会秘书：张聪颖 财务总监：王俊宝 独立董事：郭欣 1.公司现阶段越南产能的利用率多高？如果公司产品热销，越南产 能饱和，公司如何筹划新的产能规划？新产能投入周期一般需要多久? 投资者关系活动 主要内容介绍 答：您好，感谢您对公司的关注！ 和越南同行业其他工厂相比，公司目前能确保所有员工6天工作。需 要的时候，越南员工星期天、节假日也愿意加班。 目前，大部分车间仍然是一班制。如果需要的话，我们可以开两班 甚至三班。我们的员工非常配合，招募新的员工没有太大的困难，尤其 是农历新年之后。 随着销售额的 ...

证券代码：301061 证券简称：匠心家居 公告编号：2023-017 常州匠心独具智能家居股份有限公司 关于举办2022年度网上业绩说明会的公告 记载、误导性陈述或重大遗漏。 常州匠心独具智能家居股份有限公司（以下简称"公司"）已于 2023 年 4 月 出席本次业绩说明会的人员有：董事长李小勤女士，总经理徐梅钧先生，董 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题，广泛听取投资者的意见和建议。投资者可于 2023 年 5 月 31 日（星期三）17:00 前访问 http://ir.p5w.net/zj/进入问题征集专题页 20 日在巨潮资讯网（www.cninfo.com.cn）披露了公司《2022 年年度报告》及其 摘要。为方便广大投资者更深入、全面了解公司经营情况，公司定于 2023 年 6 月 1 日（星期四）15:00-17:00 在全景网举办 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，投资者可登陆全景网"投资者关系 互动平台"（http://ir.p5w.net）参与本次年度业绩说明会。 事会秘书张聪颖先生， ...

Financial Performance - In Q1 2023, the company's revenue was 428 million RMB, a decrease of 7.43% compared to the same period in 2022[6] - The net profit for Q1 2023 reached 76.59 million RMB, an increase of 8.69% year-on-year, with a net profit margin of 17.90%, up by 2.65% from the previous year[7] - The gross profit margin improved by 2.69% to 30.02% in Q1 2023 compared to the same period in 2022[6] - The company's revenue for Q1 2023 was ¥427,964,511.87, a decrease of 7.43% compared to ¥462,317,758.38 in the same period last year[27] - Net profit attributable to shareholders increased by 8.69% to ¥76,594,613.98 from ¥70,472,908.08 year-on-year[27] - Basic and diluted earnings per share rose by 9.09% to ¥0.60, compared to ¥0.55 in the same period last year[27] - Total operating revenue for Q1 2023 was CNY 427,964,511.87, a decrease of 7.4% compared to CNY 462,317,758.38 in Q1 2022[43] - Net profit for Q1 2023 reached CNY 76,594,613.98, representing an increase of 8.5% from CNY 70,472,908.08 in Q1 2022[44] Cash Flow and Investments - The net cash flow from operating activities improved significantly to ¥83,986,774.28, a 462.95% increase from -¥23,139,904.43 in the previous year[27] - Cash inflow from operating activities totaled CNY 370,246,608.58, a decrease from CNY 414,615,327.82 in Q1 2022[47] - The net cash flow from investing activities was negative at -¥156,126,548.28, a decrease of 237.34% compared to ¥113,675,414.56 in the previous year[34] - Cash inflow from investment activities totaled 1,706,414,724.26, up from 1,235,514,560.70 year-over-year[48] - The company reported a significant increase in cash received from investment recoveries, totaling 1,692,580,697.55, compared to 1,227,000,000.00 last year[48] - The company paid 22,858,449.74 in taxes, significantly higher than 5,237,674.14 in the previous year[48] Assets and Liabilities - Total assets increased by 4.99% to ¥3,268,681,455.40 from ¥3,113,220,506.56 at the end of the previous year[27] - Accounts receivable increased by 49.28% to ¥243,129,914.47 from ¥162,864,089.66 at the end of the previous year[34] - The total liabilities include accounts payable of ¥213,197,715.17, up from ¥136,320,560.97, indicating an increase of about 56.5%[40] - Total liabilities as of Q1 2023 amounted to CNY 499,207,610.64, an increase from CNY 414,771,752.71 in the previous year[44] - The company has a total of 2,928,066,937.97 in current assets, up from ¥2,768,576,395.45, indicating an increase of approximately 5.8%[40] Research and Development - R&D investment accounted for 5.75% of revenue in Q1 2023, with total R&D expenses increasing by 4.97% year-on-year[10] - Research and development expenses for Q1 2023 were CNY 24,622,012.27, an increase of 5% compared to CNY 23,456,292.10 in Q1 2022[44] - As of March 2023, the company held 603 authorized patents and had 161 pending patent applications[10] Market Strategy and Expansion - The company plans to expand its showroom in Las Vegas, with a 117% increase in rental costs compared to the previous year, to enhance market presence[14] - The company has introduced a new high-end product line, MotoLiving, developed by designer Jackson Carpenter, aiming to attract new customers and enter new markets[8] - The company aims to enhance market expansion and product development strategies in the upcoming quarters[44] Shareholder Information - Total number of common shareholders at the end of the reporting period is 12,473[36] - The largest shareholder, Li Xiaoqin, holds 43.35% of shares, totaling 55,488,000 shares[36]

Financial Performance - In 2022, the company's revenue was 1.463 billion RMB, a decrease of 24.02% compared to 2021, but a 10.96% increase compared to 2020[6]. - The company's net profit for 2022 reached 334 million RMB, an increase of 11.95% year-on-year, and a 62.50% increase compared to 2020[6]. - The gross profit margin improved by 3.78% in 2022, reaching 32.56%[6]. - The company's operating revenue for 2022 was CNY 1,462,653,801.94, a decrease of 24.02% compared to 2021[45]. - The net profit attributable to shareholders for 2022 was CNY 334,112,367.70, an increase of 11.95% from 2021[45]. - The net profit margin for 2022 reached 22.84%, up by 7.34% compared to the previous year[58]. - The total assets at the end of 2022 were CNY 3,113,220,506.56, reflecting a slight increase of 0.51% from the end of 2021[45]. - The net assets attributable to shareholders increased by 8.14% to CNY 2,698,448,753.85 at the end of 2022[45]. - The company reported a basic earnings per share of CNY 2.61, down 9.06% from CNY 2.87 in 2021[45]. - The cash flow from operating activities for 2022 was CNY 263,717,619.36, an increase of 3.37% from 2021[45]. Market Presence - The company exported 84.75% of its products to the United States, with a significant decline in shipping volumes observed in late 2022[4][5]. - The global furniture market generated 694 billion USD in 2022, with a projected growth to nearly 850 billion USD by 2026[8]. - The company's market share is less than 0.04% globally and less than 0.15% in the U.S., indicating substantial growth potential[8]. - The company’s sales to U.S. retail clients accounted for 55.87% of total revenue, with a year-on-year increase of 9.09%[11]. - The company’s international business accounted for 98.90% of total revenue, with overseas sales decreasing by 23.09% year-over-year[74]. - In 2022, the company sold to 30 of the top 100 furniture retailers in the U.S., with sales to these retailers accounting for 55.87% of total revenue[64]. Research and Development - The company has 563 authorized patents and 193 pending applications, with R&D expenses accounting for 6.66% of revenue in 2022, an increase of 3.88% year-on-year[13]. - R&D expenses accounted for 6.66% of total revenue in 2022, with a year-over-year increase of 3.88%[65]. - The company completed several key R&D projects, including a smart multimedia entertainment system and a safety protection program for smart beds, enhancing product functionality and market competitiveness[84]. - The company developed a new electric rehabilitation training bed platform, which allows for customizable movements based on patient needs, expanding its market presence in the healthcare sector[85]. - The company has initiated the development of a medical-grade waterproof motor and control system, targeting the medical industry market expansion[85]. Talent and Human Resources - The company has successfully recruited several industry talents in late 2022 and recent months, which is expected to significantly boost its development in 2023 and beyond[25]. - The company emphasizes the importance of talent competition and aims to attract more skilled individuals to core positions[23]. - The company has a workforce composed of 2,237 production personnel, 63 sales personnel, 241 technical personnel, 28 financial personnel, and 169 administrative personnel[163]. - The company has maintained a stable management team with extensive experience in finance and industry operations[145]. Corporate Governance - The company's governance structure complies with relevant laws and regulations, ensuring equal treatment of all shareholders[122]. - The company has established a complete and independent business system, ensuring independence in assets, personnel, finance, and operations from the controlling shareholder[131]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[125]. - The company has a performance evaluation system linking senior management's performance directly to their compensation, ensuring transparency in the hiring process[127]. - The company maintains strict compliance with information disclosure regulations, ensuring timely and accurate communication with investors[129]. Environmental and Social Responsibility - The company emphasizes social responsibility and stakeholder communication, balancing the interests of shareholders, employees, and society[128]. - The company has implemented measures to enhance environmental protection, including installing central dust collection and waste gas treatment facilities[181]. - The company adheres to green development principles throughout its product design and manufacturing processes[182]. - The company actively engages in social responsibility initiatives, including donations of assistive sofas to elderly individuals in need, contributing to community welfare[184]. Future Outlook and Strategy - The company aims to gradually establish itself as a consumer brand in the global furniture market, building on its recognition in the U.S. soft furniture market since 2015[25]. - The company plans to expand its market presence and invest in new product development to enhance competitiveness in the smart home sector[137]. - Future guidance indicates a cautious outlook, with expectations of gradual recovery in revenue as market conditions improve[140]. - The company is exploring potential mergers and acquisitions to strengthen its market position and diversify its product portfolio[141]. Cash Management and Profit Distribution - The company plans to distribute a cash dividend of 5.00 RMB per 10 shares (including tax) based on 128,000,000 shares, with no bonus shares issued[31]. - The company’s profit distribution policy is designed to protect the rights of all shareholders, especially minority shareholders, ensuring transparency and compliance with regulations[171]. - The company will consider significant future investments or cash expenditures that exceed 30% of the latest audited total assets when determining profit distribution[190]. - The company aims to enhance profitability and minimize the impact of share issuance on earnings per share through various measures post-IPO[194]. Financial Management - The company has established dedicated accounts for managing raised funds with several banks to ensure proper oversight[104]. - The company has committed to invest a total of RMB 78,859 million in the new intelligent furniture production base project, with a current investment of RMB 1,685 million, representing 2.14% of the planned investment[106]. - The company has not engaged in any securities or derivative investments during the reporting period[100][101]. - The company has a structured remuneration decision process, with board and supervisor compensation determined by the shareholders' meeting and senior management compensation decided by the board[149].

证券代码：301061 证券简称：匠心家居 常州匠心独具智能家居股份有限公司 投资者关系活动记录表 编号：2022-001 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------|------------------------------------------------------|----------------------|--------|----------------------------------------------------|-------|-------|-------|------------------------------------------------------------|-------| | | | | | | | | | | | | | ☐ 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 | | | ...

Financial Performance - The company's revenue for the first nine months of 2022 was 1.109 billion RMB, a decrease of 25.55% compared to the same period in 2021, but an increase of 26.85% compared to 2020[9]. - The gross profit margin for the first nine months of 2022 improved by 2.45% compared to the same period in 2021, with a net profit of 257 million RMB, an increase of 8.67% year-on-year[9]. - The company's operating revenue for the reporting period was ¥326,782,105.77, a decrease of 35.62% compared to the same period last year[44]. - Net profit attributable to shareholders was ¥84,370,374.59, down 1.80% year-on-year[44]. - Basic earnings per share were ¥0.66, reflecting a decrease of 26.67% year-on-year[44]. - Total operating revenue for Q3 2022 was ¥1,109,084,654.47, a decrease of 25.5% compared to ¥1,489,688,255.43 in the same period last year[77]. - Net profit for Q3 2022 was ¥256,890,154.75, an increase of 8.1% from ¥236,402,113.57 in Q3 2021[79]. - Basic earnings per share for Q3 2022 was ¥2.01, down from ¥2.46 in the same quarter last year[79]. - The company reported a total comprehensive income of ¥289,874,758.70, compared to ¥243,044,267.35 in Q3 2021, marking an increase of 19.3%[79]. Market and Sales Performance - The company successfully developed 13 new overseas clients, including Costco, with sales in Canada and Italy increasing by 5.73% and 27.56% respectively compared to the previous year[12]. - Sales of smart electric beds increased by 5.93% in revenue and 5.75% in sales proportion during the first nine months of 2022[12]. - The company maintained strong relationships with 28 of the top 100 furniture retailers in the U.S., with 50% of its top 30 clients experiencing sales growth, the highest being 231.82%[12]. - The furniture retail sales in China for the first three quarters of 2022 totaled 114.5 billion RMB, down 8.4% year-on-year, marking nine consecutive months of decline[4]. - The U.S. inflation rate was reported at 8.2% in September 2022, indicating persistent inflationary pressures affecting consumer spending on furniture[4]. - The company observed a significant recovery in the furniture industry, with many clients expressing optimism about future sales, particularly from retailers like COSTCO, which improved their 2023 sales forecast[22]. - Three of the top ten furniture retailers in the U.S. confirmed increased business volume during the recent trade show, with one placing an order for a leather sofa to be distributed in over 100 stores nationwide[25]. Operational Efficiency and Strategy - The company has focused on operational efficiency through automation and digitalization, significantly reducing frontline and management personnel to control costs[9]. - The company is focusing on building strong partnerships with reliable suppliers to ensure stability and continuity in its operations, which has led to increased client trust and business opportunities[29]. - The company aims to improve its brand recognition and sales personnel training in the U.S. market to enhance customer confidence in its products[33]. - The company emphasizes the importance of innovation and brand development as key factors for survival and growth in a competitive market[30]. - Future outlook includes continued investment in new product development and market expansion strategies to enhance competitive positioning[74]. Investment and Research - The company increased its design and R&D investment by 10.01% compared to the same period in 2021, and by 53.50% compared to the same period in 2020, despite no revenue growth[30]. - Research and development expenses increased to ¥74,745,878.79, up 9.5% from ¥67,941,860.36 in the previous year[77]. Trade Show Participation - The company participated in the High Point Market, one of the largest international furniture trade shows, which attracted nearly 70,000 visitors and showcased around 2,000 global brands[20]. - The company expanded its exhibition space at the trade show from 20,704 square feet to 51,644 square feet, significantly enhancing its visibility and product offerings[27]. - The company successfully attracted new clients during the trade show, with several expressing interest in its innovative products and technology, leading to confirmed purchase intentions[30]. - The company is actively exploring international markets, having engaged with potential clients from the UK, Italy, the Middle East, and South Korea during the trade show[34]. Financial Position and Assets - Total assets at the end of the reporting period were ¥3,072,433,007.39, a decrease of 0.81% from the end of the previous year[44]. - The company's cash flow from operating activities was ¥68,077,710.31, a decline of 19.86% compared to the previous year[44]. - The company's total current assets amounted to approximately 2.74 billion RMB, a decrease from 2.81 billion RMB at the beginning of the year, reflecting a decline of about 2.1%[70]. - The company's cash and cash equivalents decreased from approximately 872 million RMB at the beginning of the year to about 565 million RMB, representing a decline of approximately 35.1%[70]. - The company's inventory decreased from approximately 393 million RMB at the beginning of the year to about 341 million RMB, a reduction of approximately 13.2%[70]. - The company reported a total non-current asset value of approximately 328 million RMB as of September 30, 2022, an increase from approximately 289 million RMB at the beginning of the year, reflecting an increase of about 13.6%[70]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,443, with the largest shareholder holding 43.35% of the shares[56]. - The total share capital of the company increased from 80 million shares to 128 million shares following the implementation of the 2021 profit distribution plan on June 9, 2022[64]. - The top ten shareholders hold a total of 96 million shares, with the largest shareholder, Li Xiaoqin, holding 55.5 million shares[63]. - The company has not disclosed any related party transactions among the top ten shareholders, indicating a potential focus on governance and transparency[63]. - The company has not engaged in any margin financing activities among the top ten shareholders, which may suggest a conservative approach to leverage[63]. Cash Flow and Financing Activities - The cash flow from operating activities for the period showed a positive trend, indicating improved liquidity management[82]. - Operating cash inflow for the period was $1,234,099,180.78, down from $1,639,646,087.35 in the previous period, representing a decrease of approximately 24.7%[83]. - Net cash flow from operating activities was $89,411,819.50, compared to $148,280,375.02 in the prior period, indicating a decline of about 39.6%[83]. - Cash inflow from investment activities surged to $3,642,185,882.72, significantly higher than $47,383,749.56 in the previous period[83]. - Cash outflow from financing activities totaled $173,820,837.11, compared to $152,143,886.23 in the previous period, reflecting an increase of approximately 14.3%[86]. - The ending balance of cash and cash equivalents was $537,351,063.76, down from $2,073,540,001.50 in the prior period, indicating a decrease of approximately 74.0%[86].

Financial Performance - The company's revenue for the first half of 2022 was 782 million RMB, a decrease of 20.34% compared to the same period in 2021, but a growth of 70.89% compared to the first year of the pandemic in 2020[11]. - The net profit for the first half of 2022 reached 173 million RMB, an increase of 14.64% year-on-year, and a growth of 96.45% compared to 2020[11]. - The company's operating revenue for the reporting period was ¥782,302,548.70, a decrease of 20.34% compared to the same period last year[61]. - The net profit attributable to shareholders was ¥172,519,780.16, representing an increase of 14.64% year-on-year[61]. - The net cash flow from operating activities was ¥58,437,853.15, down 46.87% from the previous year[61]. - The basic earnings per share decreased by 14.01% to ¥1.35[61]. - Total assets at the end of the reporting period were ¥3,088,059,263.63, a slight decrease of 0.30% compared to the end of the previous year[61]. - The net assets attributable to shareholders increased by 3.67% to ¥2,586,999,563.21[61]. Market Expansion - The company successfully developed 10 new overseas clients, with 50% located in Canada, aligning with its strategy to expand internationally while strengthening the U.S. market[12]. - Sales in Canada, Australia, and Italy increased by 111.60%, 13.81%, and 23.06% respectively, despite challenges in the U.S. market[12]. - The company is actively expanding into international markets beyond the U.S., including Canada, Australia, Italy, New Zealand, Southeast Asia, and France, with plans to establish new overseas offices as opportunities arise[28]. - The company aims to strengthen its presence in the U.S. market by attracting new customers with innovative products, demonstrating confidence in its ability to succeed in this market[25][27]. Research and Development - R&D investment increased by 9.68% compared to 2021, and by 110.01% compared to 2020, highlighting the company's commitment to innovation[20]. - As of June 30, 2022, the company held 444 domestic and international patents, with 194 additional patents pending[20]. - The company achieved a 19.26% increase in sales and a 6.54% increase in sales proportion for smart electric beds in the first half of 2022[75]. - Research and development investment increased by 9.68% to ¥48,679,781.41, reflecting the company's commitment to innovation[89]. Challenges and Risks - The company anticipates challenges in the consumer market for the second half of 2022 due to inflation and geopolitical factors affecting discretionary spending[23]. - The company is facing significant risks from international trade tensions, particularly due to ongoing US-China trade disputes and tariffs, which could adversely affect operational performance[141]. - The domestic real estate market shows limited improvement, impacting the furniture industry, which is closely correlated with real estate development[142]. - Fluctuations in raw material prices, including steel and electronic components, are expected to affect operational stability, necessitating improved supply chain management and pricing mechanisms[143]. - The ongoing COVID-19 pandemic continues to disrupt procurement and sales logistics, with strict control measures affecting consumer spending[146]. Corporate Governance and Social Responsibility - The company maintains a strong governance structure, ensuring compliance with relevant laws and regulations to protect shareholder interests[164]. - Employee rights are prioritized, with comprehensive labor protection measures and regular health checks implemented[164]. - The company actively participates in social responsibility initiatives, including donating assistive sofas to elderly individuals in need[165]. - The company has completed rectifications related to environmental compliance after facing a fine of RMB 20,000 for not adhering to wastewater discharge regulations[160]. Investment and Financial Management - The investment amount during the reporting period was CNY 1,944,666,530.52, representing a significant increase of 4,423.44% compared to the same period last year[105]. - The company made a new equity investment of CNY 191,238,000.00 in MOTO VIET NAM LIMITED COMPANY, acquiring 100% ownership[106]. - The total amount of raised funds was CNY 135,260.63 million, with CNY 39.25 million invested during the reporting period[119]. - The company has allocated CNY 10,000 million of the raised funds for permanent working capital, achieving a 100% utilization rate[124]. Future Plans - The company plans to implement a second dividend within one year of its listing, distributing a cash dividend of 5.00 RMB per 10 shares to all shareholders, reflecting a commitment to return value to investors[24]. - The company plans to expand its production base in Vietnam to enhance operational efficiency and reduce costs[88]. - The company plans to mitigate macroeconomic risks through strategic layout, product innovation, and digital management[140]. - The company is focusing on dual sales models (toB and toC) and is cautiously exploring opportunities in the health industry to mitigate domestic market competition risks[142].

Financial Performance - The company's revenue for Q1 2022 was ¥462.32 million, a slight increase of 1.06% compared to ¥457.46 million in Q1 2021[24]. - Net profit attributable to shareholders decreased by 15.78% to ¥70.47 million from ¥83.68 million in the same period last year[24]. - The net profit after deducting non-recurring gains and losses fell by 25.30% to ¥61.68 million compared to ¥82.57 million in Q1 2021[24]. - The return on equity (ROE) dropped to 2.79% from 9.39% in the same period last year, reflecting a significant decline in profitability[24]. - The company reported a net profit of CNY 75,589,741.82 for the quarter, compared to CNY 94,759,163.05 in the previous year, indicating a decrease of 20.23%[48]. - The net profit for the current period is 70,472,908.08, a decrease of 15.7% compared to 83,678,655.08 in the previous period[51]. - The total comprehensive income for the current period is 66,562,884.24, down from 85,254,222.33 in the previous period, reflecting a decline of 22.0%[55]. - The operating profit for the current period is 80,527,872.30, compared to 96,484,513.93 in the previous period, indicating a decrease of 16.5%[51]. - The total profit for the current period is 80,522,943.88, down from 96,478,809.88 in the previous period, reflecting a decline of 16.5%[51]. Cash Flow - The company's cash flow from operating activities showed a significant decline, with a net outflow of ¥23.14 million compared to an inflow of ¥71.89 million in the previous year, marking a decrease of 132.19%[24]. - The net cash flow from operating activities decreased by 132.19% to -¥23,139,904.43, attributed to reduced cash received from sales[31]. - The cash flow from operating activities shows a net outflow of -23,139,904.43, compared to a net inflow of 71,890,572.75 in the previous period[59]. - The cash flow from investing activities has a net inflow of 113,675,414.56, significantly higher than 12,584.21 in the previous period[59]. - The cash flow from financing activities shows a net inflow of 39,237,157.31, compared to 0 in the previous period[62]. Assets and Liabilities - The total assets at the end of Q1 2022 were ¥3.08 billion, a decrease of 0.55% from the previous year[24]. - Accounts receivable increased by 54.08% to ¥274,936,778.37 due to increased sales at the end of the quarter[28]. - Prepayments rose by 88.71% to ¥8,144,583.39, primarily due to increased advance payments for goods[28]. - Total liabilities decreased to CNY 518,419,914.59 from CNY 602,152,543.91, a decrease of 13.91%[45]. - The equity attributable to shareholders increased to CNY 2,561,881,476.71 from CNY 2,495,318,592.47, reflecting an increase of 2.66%[48]. Research and Development - R&D expenses increased by 13.28% to ¥23.46 million, representing 5.07% of revenue, with a 27.23% increase in R&D personnel[11]. - Research and development expenses were CNY 23,456,292.10, an increase of 13.42% from CNY 20,706,419.20 in the same period last year[48]. - The company successfully acquired 394 domestic and international patents, with 172 patents currently pending[16]. Other Income and Expenses - Government subsidies recognized in the current period amounted to ¥1,130,100.00[27]. - The fair value changes and investment income from trading financial assets and liabilities totaled ¥9,187,494.90[27]. - Other non-operating income and expenses amounted to -¥4,928.42, with a total non-recurring profit and loss of ¥8,792,265.70 after tax effects[27]. - Investment income surged by 830.54% to ¥8,514,560.70, mainly from increased returns on financial product investments[31]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,726[32]. - The largest shareholder, Ningbo Meishan Free Trade Port Area, holds 43.35% of the shares[32].

Financial Performance - The company's operating revenue for 2021 was ¥1,924,962,891.05, representing a 46.04% increase compared to ¥1,318,133,279.53 in 2020[25]. - The net profit attributable to shareholders for 2021 was ¥298,438,802.31, up 45.15% from ¥205,604,985.45 in 2020[25]. - The net profit after deducting non-recurring gains and losses was ¥297,630,676.36, reflecting a 50.49% increase from ¥197,772,750.21 in 2020[25]. - The total assets at the end of 2021 reached ¥3,097,471,136.38, a significant increase of 130.52% from ¥1,343,673,976.22 at the end of 2020[25]. - The net assets attributable to shareholders increased to ¥2,495,318,592.47, marking a 192.43% rise from ¥853,308,305.14 in 2020[25]. - The company reported a basic earnings per share of ¥4.59 for 2021, which is a 33.82% increase compared to ¥3.43 in 2020[25]. - The cash flow from operating activities for 2021 was ¥255,119,728.89, showing a 7.46% increase from ¥237,405,369.23 in 2020[25]. - The total operating costs amounted to ¥1,370,963,685.66 in 2021, compared to ¥850,872,548.10 in 2020, reflecting a significant increase[116]. - The company generated $293 million in foreign currency sales but incurred a foreign exchange loss of 16.09 million RMB, impacting profitability[93]. Dividend and Capital Management - The company plans to distribute a cash dividend of 12.00 RMB per 10 shares to all shareholders, based on a total of 80,000,000 shares[7]. - The company will increase its capital reserve by converting 6 shares for every 10 shares held by shareholders[7]. - The total amount of funds raised in 2021 was RMB 145,380.00 million, with a net amount of RMB 135,260.63 million after deducting underwriting and related fees[146]. - As of December 31, 2021, the balance of unused raised funds was RMB 1,238,834,249.15, with RMB 11,834,249.15 in a special account and RMB 1,227,000,000.00 for cash management[146]. - The company has committed to invest RMB 78,859.9 million in a new intelligent furniture production base, with 2.09% of the investment completed as of the report date[150]. Market and Industry Trends - The furniture manufacturing industry in China saw an overall revenue increase of 13.5% in 2021, with the total revenue reaching ¥800.46 billion[39]. - The demand for furniture products was boosted by government subsidies and changes in consumer behavior due to the pandemic, with U.S. consumer spending on home improvement rising by 28% in 2021[41]. - By 2025, the revenue from e-commerce channels for furniture and home goods in the U.S. is expected to reach $61.21 billion, with Europe projected to reach $51.96 billion[46]. - The global market for functional sofas grew from $15.29 billion in 2014 to $25.10 billion in 2019, with a slight decline to $24.47 billion in 2020 due to the pandemic[47]. - The market for functional sofas in China is projected to reach ¥11.78 billion in 2021, with a penetration rate of 15.9%[48]. Product Development and Innovation - The company completed the development of a voice-controlled smart sofa, enhancing its product offerings in the IoT space[125]. - The company is in the small batch trial production stage for a smart electric bed with safety features to prevent injuries during movement, enhancing product reliability[128]. - A multifunctional coffee table project has been completed, integrating storage space and expanding the functionality of the sofa[128]. - The company has developed a zero-gravity multifunctional sofa that provides a weightless sensation during rest, improving user comfort[128]. - The company has upgraded the massage system of its smart bed, improving user experience with built-in timing and pressure sensors[131]. International Expansion and Market Presence - The company established a wholly-owned subsidiary in Singapore to expand its international market presence, leveraging Singapore's strategic location and economic status[80]. - The company is considering establishing new marketing and service institutions in Europe and potentially a production base in North America to expand its international market presence[168]. - The internationalization of the company's operations has allowed it to avoid 25% tariffs on exports to the U.S. by utilizing production in Vietnam[107]. - The company plans to continue expanding its international presence in production, marketing, and services to enhance its competitive edge[107]. Risk Management and Challenges - The company is closely monitoring the global COVID-19 situation to minimize its impact on operations and sales[189]. - Currency exchange rate fluctuations pose risks to the company's revenue and profit, leading to strategies aimed at reducing exposure to these risks[190]. - The company faces macroeconomic risks that could impact consumer purchasing power and willingness, particularly if global economic growth slows[183]. - The company faced rising costs due to increased shipping fees, with a 1,200% increase in shipping costs from Shanghai to the US West Coast, impacting demand[67]. - The inflation rate in the US reached 6.8% in November 2021, affecting consumer demand in the furniture market[68]. Corporate Governance and Management - The company has established a sound corporate governance structure, ensuring compliance with relevant laws and regulations[198]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[194]. - The company has established various committees under the board to provide professional opinions for decision-making[194]. - The company has a transparent and open process for the appointment of senior management personnel[197]. - The company emphasizes social responsibility and aims to balance the interests of shareholders, employees, and society[195].