浙江正特(001238) - 2025 Q2 - 季度财报

Section 1 Important Notice, Table of Contents and Definitions Important Notice The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report and assume legal responsibility. - The company's board of directors, supervisory board, and senior management guarantee the truthfulness, accuracy, and completeness of the semi-annual report content and assume legal responsibility[5] - The company faces uncertain risks such as market competition, exchange rate fluctuations, raw material price volatility, intellectual property infringement, and trade frictions[5] - The company plans not to distribute cash dividends, bonus shares, or convert capital reserves into share capital for the half-year period[5] Table of Contents This section lists the report's structure, including nine main chapters and their corresponding page numbers, guiding investors to quickly navigate the content. Report Chapter Directory | Section | Title | Page | | :--- | :--- | :--- | | Section 1 | Important Notice, Table of Contents and Definitions | 2 | | Section 2 | Company Profile and Key Financial Indicators | 6 | | Section 3 | Management Discussion and Analysis | 9 | | Section 4 | Corporate Governance, Environment and Society | 22 | | Section 5 | Significant Matters | 25 | | Section 6 | Changes in Shares and Shareholder Information | 30 | | Section 7 | Bond-Related Information | 34 | | Section 8 | Financial Report | 35 | | Section 9 | Other Submitted Data | 122 | List of Documents for Reference This section lists the company's semi-annual report documents for reference, including financial statements signed by the legal representative, original copies of publicly disclosed documents and announcements, and original semi-annual reports and summaries, stored in the company's board of directors' office. - Documents for reference include financial statements signed and sealed by the legal representative, the chief accountant, and the head of the accounting department[9] - Original copies of all company documents and announcements publicly disclosed on the Shenzhen Stock Exchange website and designated information disclosure media during the reporting period[9] - The documents for reference are stored in the company's board of directors' office[10] Definitions This section provides definitions for common terms used in the report, including company name, actual controller, controlling shareholder, names of major subsidiaries, and the reporting period, ensuring clear understanding of the report content. - Company, "this company", and Zhejiang Zhengte all refer to Zhejiang Zhengte Co., Ltd[12] - The actual controller is Chen Yonghui, and the controlling shareholder is Linhai Zhengte Investment Co., Ltd[12] - The reporting period refers to January 1, 2025, to June 30, 2025[12] Section 2 Company Profile and Key Financial Indicators I. Company Profile Zhejiang Zhengte Co., Ltd., with stock abbreviation "Zhejiang Zhengte" and stock code 001238, is listed on the Shenzhen Stock Exchange, and its legal representative is Chen Yonghui. Company Basic Information | Indicator | Content | | :--- | :--- | | Stock Abbreviation | Zhejiang Zhengte | | Stock Code | 001238 | | Listing Exchange | Shenzhen Stock Exchange | | Chinese Name | 浙江正特股份有限公司 | | Legal Representative | Chen Yonghui | II. Contact Person and Contact Information The company disclosed the contact information for Board Secretary Li Song and Securities Affairs Representative Wang Jilong, including address, phone, fax, and email, to facilitate investor communication. Contact Information | Position | Name | Contact Address | Phone | Fax | Email | | :--- | :--- | :--- | :--- | :--- | :--- | | Board Secretary | Li Song | No. 811, Oriental Avenue, Linhai City, Zhejiang Province | 0576-85953660 | 0576-85962776 | lisong@zhengte.com.cn | | Securities Affairs Representative | Wang Jilong | No. 811, Oriental Avenue, Linhai City, Zhejiang Province | 0576-85953660 | 0576-85962776 | wang@zhengte.com.cn | III. Other Information During the reporting period, the company's contact information, information disclosure and storage locations, and other relevant data remained unchanged, with specific details available in the 2024 annual report. - The company's registered address, office address, website, and email address remained unchanged during the reporting period[17] - Information disclosure and storage locations remained unchanged during the reporting period[18] IV. Key Accounting Data and Financial Indicators In the first half of 2025, the company's operating revenue increased by 38.63% to 1,042.33 million CNY, and net profit attributable to parent company shareholders increased by 56.03% to 70.51 million CNY. Key Accounting Data and Financial Indicators for H1 2025 | Indicator | Current Period (CNY) | Prior Period (CNY) | YoY Change | | :--- | :--- | :--- | :--- | | Operating Revenue | 1,042,326,315.70 | 751,872,308.99 | 38.63% | | Net Profit Attributable to Parent Company Shareholders | 70,508,778.51 | 45,188,134.95 | 56.03% | | Net Profit Attributable to Parent Company Shareholders After Non-Recurring Items | 68,999,876.91 | 52,510,201.12 | 31.40% | | Net Cash Flow from Operating Activities | 111,567,271.15 | 126,177,057.61 | -11.58% | | Basic EPS (CNY/share) | 0.64 | 0.41 | 56.10% | | Diluted EPS (CNY/share) | 0.64 | 0.41 | 56.10% | | Weighted Average ROE | 6.38% | 4.06% | 2.32% | | Indicator | End of Current Period (CNY) | End of Prior Year (CNY) | YoY Change (End of Period) | | :--- | :--- | :--- | :--- | | Total Assets | 1,892,185,715.44 | 1,623,995,963.84 | 16.51% | | Equity Attributable to Parent Company Shareholders | 1,153,352,601.95 | 1,057,899,373.80 | 9.02% | V. Differences in Accounting Data under Domestic and Overseas Accounting Standards During the reporting period, the company had no differences in net profit and net assets between financial reports disclosed under international or overseas accounting standards and Chinese accounting standards. - The company had no differences in net profit and net assets between financial reports disclosed under international accounting standards and Chinese accounting standards during the reporting period[21] - The company had no differences in net profit and net assets between financial reports disclosed under overseas accounting standards and Chinese accounting standards during the reporting period[22] VI. Non-Recurring Gains and Losses Items and Amounts During the reporting period, the company's total non-recurring gains and losses amounted to 1.51 million CNY, primarily from government grants, disposal of forward foreign exchange contracts, and wealth management investment income, while non-current asset disposal losses and non-operating income/expenses had a negative impact. Non-Recurring Gains and Losses Items and Amounts for H1 2025 | Item | Amount (CNY) | Description | | :--- | :--- | :--- | | Non-current asset disposal losses | -1,236,970.52 | | | Government grants recognized in current profit or loss | 2,465,751.26 | | | Fair value changes and disposal gains/losses of financial assets and liabilities, excluding those related to normal business hedging | 721,140.50 | Investment income from disposal of forward foreign exchange contracts and wealth management products | | Other non-operating income and expenses apart from the above | -147,984.37 | | | Less: Income tax impact | 293,035.27 | | | Total | 1,508,901.60 | | Section 3 Management Discussion and Analysis I. Main Business Activities of the Company During the Reporting Period The company has been deeply involved in the outdoor leisure furniture and products industry for nearly 30 years, building a product matrix of shading products, outdoor leisure furniture, and camping series, primarily sold in European and American markets. (I) Industry Development Overview The outdoor leisure furniture and products industry in European and American markets exhibits characteristics of "demand stratification and supply restructuring,"