Core Viewpoint - The company, Zhejiang Yayi Metal Technology Co., Ltd., is focusing on outdoor leisure furniture, particularly fire pits and gas stoves, and is expanding its online sales channels through platforms like Amazon and TikTok, benefiting from the depreciation of the RMB and the growth of the camping economy [2][4]. Group 1: Company Overview - Zhejiang Yayi Metal Technology Co., Ltd. was established on June 9, 2005, and went public on December 22, 2021. The company specializes in the research, design, production, and sales of outdoor leisure furniture products, including fire pits and gas stoves [8]. - The company's revenue composition includes 55.86% from fire pits and stoves, 33.74% from other products, and 10.40% from gas stoves [8]. Group 2: Financial Performance - In 2024, the company reported a significant revenue increase to 296 million yuan, representing a year-on-year growth of 87.22%, driven by strong online sales [2]. - For the first half of 2025, the company achieved a revenue of 146 million yuan, a year-on-year increase of 32.28%, while the net profit attributable to the parent company was 4.07 million yuan, a decrease of 28.94% [9]. Group 3: Investment and Partnerships - On July 26, 2023, the company announced plans to invest 10.2 million yuan in a partnership with several investment firms to establish a venture capital partnership, holding a 39.9843% stake [3]. Group 4: Market Position and Strategy - The company has established a comprehensive system for research, design, production, sales, and service, becoming one of the main providers of fire pits and gas stoves in China [2]. - The overseas revenue accounted for 98.94% of total revenue, benefiting from the depreciation of the RMB [4].

Core Viewpoint - The company, Zhejiang Yayi Metal Technology Co., Ltd., is experiencing significant growth driven by its focus on outdoor leisure furniture and the expansion of its online sales channels, particularly through cross-border e-commerce platforms [2][4]. Company Overview - Zhejiang Yayi Metal Technology Co., Ltd. specializes in the research, design, production, and sales of outdoor leisure furniture, including fire pits and gas stoves, and has developed a comprehensive system for these operations [2][8]. - The company was established on June 9, 2005, and went public on December 22, 2021. Its main business revenue composition includes 55.86% from fire pits and stoves, 33.74% from other products, and 10.40% from gas stoves [8]. Financial Performance - In 2024, the company reported a revenue of 296 million yuan, marking a substantial year-on-year increase of 87.22%, largely attributed to the strong performance of its online sales channels [2]. - As of January to June 2025, the company achieved a revenue of 146 million yuan, reflecting a year-on-year growth of 32.28%, while the net profit attributable to the parent company was 4.07 million yuan, a decrease of 28.94% [9]. Investment Activities - On July 26, 2023, the company announced plans to invest 10.2 million yuan in a partnership with several investment firms to establish a venture capital partnership, holding a 39.98% stake [3]. Market Position and Strategy - The company has established itself as one of the main providers of fire pits and gas stoves in China, with a product range that includes various outdoor leisure furniture [2]. - The overseas revenue accounted for 98.94% of total revenue, benefiting from the depreciation of the Chinese yuan [4]. Shareholder Information - As of August 8, 2023, the number of shareholders was 7,005, a decrease of 2.64% from the previous period, with an average of 7,868 circulating shares per person, an increase of 2.71% [9]. - The company has distributed a total of 142 million yuan in dividends since its A-share listing, with 51.1 million yuan distributed over the past three years [10].

Core Viewpoint - The company, Zhejiang Yayi Metal Technology Co., Ltd., is focusing on outdoor leisure furniture, particularly fire pits and gas stoves, and is expanding its online sales channels through platforms like Amazon and TikTok, benefiting from the depreciation of the RMB and the growth of the camping economy [2][4]. Group 1: Company Overview - The company specializes in the research, production, and sales of outdoor leisure furniture, including fire pits and gas stoves, and has developed a comprehensive system for R&D, design, production, sales, and service [2]. - As of August 28, the company's stock price decreased by 0.23%, with a trading volume of 45.74 million yuan and a total market capitalization of 1.959 billion yuan [1]. Group 2: Financial Performance - In 2024, the company reported a revenue of 296 million yuan, a significant increase of 87.22% year-on-year, driven by strong online sales [2]. - The company's overseas revenue accounted for 98.94% of total revenue, benefiting from the depreciation of the RMB [4]. - For the first half of 2025, the company achieved a revenue of 146 million yuan, representing a year-on-year growth of 32.28%, while the net profit attributable to the parent company was 4.0715 million yuan, a decrease of 28.94% [9]. Group 3: Investment Activities - On July 26, 2023, the company announced plans to invest 10.2 million yuan in a partnership with several investment firms to establish a venture capital partnership [3]. Group 4: Market Position and Strategy - The company is enhancing its market penetration and brand recognition by leveraging its own brand on platforms like Amazon and expanding into emerging social e-commerce platforms [2]. - The company’s product revenue breakdown shows that fire pits and stoves account for 55.86% and 10.40% of total revenue, respectively, with other products making up 33.74% [8].

Core Viewpoint - The company, Zhejiang Yayi Metal Technology Co., Ltd., is experiencing significant growth in its outdoor leisure furniture segment, particularly through online sales channels and cross-border e-commerce initiatives, benefiting from the depreciation of the RMB. Group 1: Company Performance - In 2024, the company reported a revenue of 296 million yuan, a substantial increase of 87.22% year-on-year, driven by strong online sales through platforms like Amazon [2] - The company's overseas revenue accounted for 98.94% of total revenue, benefiting from the depreciation of the RMB [4] - For the first half of 2025, the company achieved a revenue of 146 million yuan, representing a year-on-year growth of 32.28%, while net profit attributable to the parent company was 4.07 million yuan, a decrease of 28.94% [9] Group 2: Business Strategy - The company focuses on independent research and development, specializing in outdoor leisure furniture such as fire pits and gas stoves, and has established a comprehensive system for research, design, production, sales, and service [2] - The company is expanding its cross-border e-commerce presence by leveraging platforms like TikTok and Wayfair to reach younger consumers, supported by policies from the Zhejiang cross-border e-commerce comprehensive pilot zone [2] - The company announced a partnership to establish a venture capital firm, contributing 10.2 million yuan, which represents a 39.98% stake in the partnership [3] Group 3: Market Position - The company is recognized as one of the main providers of fire pits and gas stoves in China, with a product revenue composition of 55.86% from fire pits, 33.74% from other products, and 10.40% from gas stoves [8] - As of August 8, the number of shareholders decreased by 2.64% to 7,005, while the average circulating shares per person increased by 2.71% [9] - The company has distributed a total of 142 million yuan in dividends since its A-share listing, with 51.1 million yuan distributed over the past three years [10]

Company Overview - Yayi Technology, established on June 9, 2005, is located in Wuyi County, Zhejiang Province, and was listed on December 22, 2021. The company specializes in the research, design, production, and sales of outdoor leisure furniture products, including outdoor fire pits and gas stoves [1] - The revenue composition of Yayi Technology is as follows: fire pits and stoves account for 55.86%, other products 33.74%, and gas stoves 10.40% [1] Stock Performance - On August 27, Yayi Technology's stock fell by 5.06%, trading at 21.77 CNY per share, with a transaction volume of 46.46 million CNY and a turnover rate of 3.76%. The total market capitalization is 1.981 billion CNY [1] Shareholder Information - Among the top ten circulating shareholders of Yayi Technology, a fund under Nuoan Fund, specifically Nuoan Multi-Strategy Mixed A (320016), entered the list in the second quarter, holding 498,700 shares, which is 0.9% of the circulating shares. The estimated floating loss today is approximately 578,500 CNY [2] - Nuoan Multi-Strategy Mixed A was established on August 9, 2011, with a latest scale of 1.399 billion CNY. Year-to-date returns are 66.58%, ranking 172 out of 8,194 in its category; the one-year return is 133.99%, ranking 58 out of 7,963; and since inception, the return is 221.5% [2] Fund Manager Performance - The fund managers of Nuoan Multi-Strategy Mixed A are Kong Xianzheng and Wang Haichang. As of the report, Kong has a tenure of 4 years and 275 days, with a total fund asset size of 4.607 billion CNY, achieving a best return of 81.64% and a worst return of -16.74% during his tenure [3] - Wang has a tenure of 3 years and 37 days, managing a total fund asset size of 2.529 billion CNY, with a best return of 68.86% and a worst return of -18.8% during his tenure [3]

Core Viewpoint - The recent financial report of Yayi Technology (301113) shows a significant increase in total revenue but a decline in net profit, indicating mixed performance and rising operational costs. Financial Performance - Total revenue for the first half of 2025 reached 146 million yuan, a year-on-year increase of 32.28% [1] - Net profit attributable to shareholders was 4.07 million yuan, down 28.94% year-on-year [1] - Gross margin improved to 40.43%, up 32.34% year-on-year, while net margin decreased to 2.78%, down 46.28% [1] - Total expenses (selling, administrative, and financial) accounted for 34.0% of revenue, a significant increase of 131.86% year-on-year [1] Cost and Expense Analysis - Operating costs increased by 13.46% due to higher sales [2] - Selling expenses surged by 362.98% due to increased online sales platform and advertising costs [2] - Financial expenses rose by 68.96% due to reduced interest income [2] - Income tax expenses decreased by 60.54% in line with reduced profits [2] Cash Flow and Investment - Net cash flow from operating activities decreased by 79.93% due to increased cash payments for goods and services [3] - Net cash flow from investing activities increased by 128.68% due to increased redemption of financial products [3] - Net cash flow from financing activities saw a drastic decline of 2179.37% due to increased profit distribution [4] - Cash and cash equivalents increased by 103.15% due to various cash outflows [5] Business Model and Market Position - The company relies heavily on research and marketing for its performance [6] - The company has a strong position in the outdoor metal furniture segment, focusing on products like fire pits and outdoor heating devices [11][14] - The company has been actively expanding its online sales, which accounted for 43.34% of total sales in 2024 [11][28] Industry and Competitive Landscape - The industry outlook remains positive, with the company maintaining a competitive edge in its niche market [18] - The company has been monitoring domestic market trends and is considering future strategies based on market conditions [20] - The company does not currently plan to pursue overseas acquisitions or partnerships with the robotics industry [24][26]

每经头条（nbdtoutiao）——租下2.5万亩"试验田"，兽医学博士在非洲种粮：首季亩产250斤，打算扩至 10万亩，月薪1~2万元招人 （记者 胡玲） 每经AI快讯，雅艺科技（SZ 301113，收盘价：22.69元）8月25日晚间发布半年度业绩报告称，2025年 上半年营业收入约1.46亿元，同比增加32.28%；归属于上市公司股东的净利润约407万元，同比减少 28.94%；基本每股收益0.04元，同比减少33.33%。 截至发稿，雅艺科技市值为21亿元。 ...

格隆汇8月25日丨雅艺科技(301113.SZ)公布2025年半年度报告，上半年公司实现营业收入1.46亿元，同 比增长32.28%；归属于上市公司股东的净利润407.15万元，同比下降28.94%；归属于上市公司股东的扣 除非经常性损益的净利润278.19万元，同比下降46.61%；基本每股收益0.04元。 ...

法定代表人： 主管会计工作的负责人： 会计机构负责人： 非经营性资金占用及其他关联资金往来情况汇总表 2025年度1-6月 编制单位：浙江雅艺金属科技股份有限公司 单位：人民币万元 非经营性资金占 用 资金占用方名称 占用方与上市 公司的关联关 系 上市公司核算 的会计科目 2025年期初占 用资金余额 2025年度1-6 月占用累计发 生金额 （不含利息） 2025年度1-6月 占用资金的利 息（如有） 2025年度1-6 月偿还累计 发生金额 2025年度6月 期末占用资 金余额 占用形成原因 占用性质 控股股东、实际控制人及其 附属企业 非经营性占 用 非经营性占 用 小 计 - - - - 前控股股东、实际控制人及 其附属企业 非经营性占 用 非经营性占 用 小 计 - - - - 其他关联方及其附属企业 非经营性占 用 非经营性占 用 小 计 - - - - 总 计 - - - - 其它关联资金往 来 资金往来方名称 往来方与上市 公司的关联关 系 上市公司核算 的会计科目 2025年期初往 来资金余额 2025年度1-6月 往来累计发生 金额 （不含利息） 2025年度1-6月 往来资金的利 息 ...

证券代码：301113 证券简称：雅艺科技 公告编号：2025-036 浙江雅艺金属科技股份有限公司 2025 年半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的内容真实、准确和完整，没有虚 假记载、误导性陈述或重大遗漏。 一、募集资金基本情况 (一) 实际募集资金金额和资金到账时间 根据中国证券监督管理委员会《关于同意浙江雅艺金属科技股份有限公司首 次公开发行股票注册的批复》（证监许可〔2021〕3559 号），本公司由主承销 商兴业证券股份有限公司采用直接定价方式，向社会公众公开发行股份人民币普 通股（A 股）股票 1,750 万股，发行价为每股人民币 31.18 元，共计募集资金 545,650,000.00 元，坐扣承销和保荐费用 30,210,750.00 元（承销及保荐费共 计 31,210,750.00 元，募集资金到位前已预付 1,000,000.00 元）后的募集资金 为 515,439,250.00 元，已由主承销商兴业证券股份有限公司于 2021 年 12 月 16 日汇入本公司募集资金监管账户。另减除已预付承销及保荐费（不含增值税） 1,000,000.00 ...