Financial Performance - The company's revenue for Q1 2024 reached ¥3,306,076,731.31, representing a 29.38% increase compared to ¥2,555,292,092.76 in the same period last year[3] - Net profit attributable to shareholders was ¥413,430,234.37, up 36.70% from ¥302,441,087.90 year-on-year[3] - The net profit after deducting non-recurring gains and losses was ¥431,454,248.02, reflecting a 51.37% increase from ¥285,040,709.60 in the previous year[3] - Total operating revenue for Q1 2024 reached ¥3,306,076,731.31, a significant increase of 29.3% compared to ¥2,555,292,092.76 in Q1 2023[13] - The net profit for Q1 2024 was CNY 427,821,090.06, an increase of 41.2% compared to CNY 303,099,826.96 in Q1 2023[14] - The total comprehensive income for Q1 2024 was CNY 427,789,121.26, compared to CNY 284,131,515.26 in Q1 2023, marking an increase of 50.5%[14] - The company’s operating profit for the quarter was CNY 506,394,047.71, up from CNY 346,987,607.12, indicating a growth of 45.9%[14] Assets and Liabilities - The company's total assets increased by 5.72% to ¥20,808,749,599.32 from ¥19,683,797,271.17 at the end of the previous year[3] - The total current assets increased to CNY 11,747,599,975.19 from CNY 10,556,417,683.28, representing a growth of approximately 11.3%[10] - The total assets of the company as of Q1 2024 amounted to ¥20,808,749,599.32, an increase from ¥19,683,797,271.17 in the previous year[12] - The total liabilities increased to CNY 6,000,000,000.00 from CNY 5,800,000,000.00, reflecting a growth of about 3.4%[10] - The company's total liabilities increased to ¥5,368,903,056.92 in Q1 2024, compared to ¥4,671,225,774.95 in Q1 2023, reflecting a growth of 14.9%[12] Cash Flow and Investments - Cash flow from operating activities decreased by 50.40% to ¥168,387,520.85 compared to ¥339,474,152.99 in the previous year[3] - The company reported a significant increase in investment income, which rose by 121.82% to ¥98,979,392.50 from ¥44,620,703.70 year-on-year[5] - The cash inflow from financing activities was CNY 1,103,141,025.10, a substantial rise from CNY 250,161,010.74 in the previous year[16] Shareholder Information - The number of ordinary shareholders at the end of the reporting period was 33,519, with the largest shareholder holding 38.56% of the shares[6] - Net profit attributable to the parent company for Q1 2024 was not explicitly stated, but the total equity attributable to shareholders increased to ¥15,261,410,309.99 from ¥14,847,980,075.62[12] - The total equity of the company increased to CNY 5,000,000,000.00 from CNY 4,800,000,000.00, representing a growth of about 4.2%[10] - The total equity of the company reached ¥15,439,846,542.40 in Q1 2024, up from ¥15,012,571,496.22 in Q1 2023[12] Operational Costs and Expenses - Total operating costs for Q1 2024 were ¥2,836,655,641.04, up 23.3% from ¥2,299,884,208.51 in the same period last year[13] - Research and development expenses for Q1 2024 were ¥68,124,327.51, a decrease of 5.3% from ¥72,010,571.96 in Q1 2023[13] - The company’s tax expenses for the quarter were CNY 77,676,262.98, which is an increase from CNY 44,323,223.76 in the same period last year[14] Current Assets and Inventory - Cash and cash equivalents rose to CNY 5,853,156,587.64 from CNY 5,178,727,811.76, an increase of about 13.0%[10] - Accounts receivable increased significantly to CNY 2,687,056,466.56 from CNY 2,101,643,079.19, reflecting a growth of approximately 27.8%[10] - Inventory also saw an increase, rising to CNY 2,720,804,442.78 from CNY 2,569,302,478.80, which is an increase of about 5.9%[10]

中信建投证券股份有限公司 关于杭州巨星科技股份有限公司 2023 年度募集资金存放与使用情况的专项核查报告 中信建投证券股份有限公司（以下简称"中信建投"或"保荐机构"）作为 杭州巨星科技股份有限公司（以下简称"巨星科技"或"公司"）公开发行可转 换公司债券并上市的保荐机构，根据《深圳证券交易所股票上市规则》《深圳证 券交易所上市公司自律监管指引第 1 号——主板上市公司规范运作》《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》等相关法律、法 规和规范性文件的规定，对巨星科技 2023 年度募集资金存放与使用情况进行了 专项核查，核查意见如下： 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《关于核准杭州巨星科技股份有限公司公开发 行可转换公司债券的批复》（证监许可〔2019〕2656 号），公司获准公开发行可 转换公司债券不超过人民币 972,600,000.00 元，由主承销商中信建投采用向公司 原股东优先配售，原股东优先配售后余额部分（含原股东放弃优先配售部分）通 过网上向社会公众投资者发行，发行认购金额不足 972,600,000.00 ...

证券代码：002444 证券简称：巨星科技 公告编号：2024-017 杭州巨星科技股份有限公司 关于会计政策变更的公告 一、本次会计政策变更概述 1、变更的原因及日期 2022年11月30日，财政部发布《企业会计准则解释第16号》(财会[2022]31 号)（以下简称"解释第16号"），其中"关于单项交易产生的资产和负债相关 的递延所得税不适用初始确认豁免的会计处理"的规定自2023年1月1日起施 行。公司根据财政部上述相关准则及通知规定，自2023年1月1日起执行解释第 16号的规定。 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。 特别提示： 本次会计政策变更不会对公司当期的财务状况、经营成果和现金流量产生 重大影响。 杭州巨星科技股份有限公司（以下简称"公司"）于2024年4月24日召开第 六届董事会第六次会议，审议通过了《关于会计政策变更的议案》，本次会计 政策变更无需提交股东大会审议，现将相关事宜公告如下： 2023年11月9日，财政部发布《企业会计准则解释第17号》（财会〔2023〕 21号）（以下简称"解释第17号"），对"关于流动负债与非流动 ...

证券代码：002444 证券简称：巨星科技 公告编号：2024-014 杭州巨星科技股份有限公司 关于开展 2024 年度外汇衍生品交易的公告 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。 重要内容提示： 1.为锁定成本、防范外汇市场风险，杭州巨星科技股份有限公司（以下简称 "公司"）拟开展外汇衍生品交易业务，任意时点交易余额不超过美元 80,000 万元（若涉及其他币种的折算成美元），在上述额度范围内可滚动实施。公司拟 开展的外汇衍生品主要包括远期、期货、掉期（互换）和期权等产品或者混合上 述产品特征的金融工具。 2. 公司于 2024 年 4 月 24 日召开第六届董事会第六次会议，审议通过了《关 于开展 2024 年度外汇衍生品交易的议案》，该议案尚需提交公司股东大会审议。 3.风险提示：外汇衍生品业务的收益受汇率及利率波动影响，存在市场风险、 流动性风险、履约风险、客户违约风险等风险，敬请广大投资者注意投资风险。 一、开展外汇衍生品交易情况概述 （一）开展外汇衍生品交易的目的和必要性 公司的主要产品以国际销售为主，国际销售业务收入占主营业务收入总额的 ...

Financial Performance - In 2023, GreatStar achieved total revenue of CNY 10.929 billion and a net profit attributable to shareholders of CNY 1.691 billion, with net cash flow from operating activities exceeding CNY 2.1 billion[2]. - The company's operating revenue for 2023 was ¥10,929,992,802.32, a decrease of 13.32% compared to 2022[16]. - Net profit attributable to shareholders for 2023 was ¥1,691,612,756.79, an increase of 19.14% year-over-year[16]. - The net profit after deducting non-recurring gains and losses was ¥1,697,490,987.11, reflecting a 16.67% increase from the previous year[16]. - Basic earnings per share for 2023 were ¥1.4162, representing a 13.77% increase from the previous year[16]. - Total assets at the end of 2023 amounted to ¥19,683,797,271.17, a growth of 5.85% from the end of 2022[16]. - Net assets attributable to shareholders increased to ¥14,847,980,075.62, marking a 10.82% rise year-over-year[16]. - The company reported a weighted average return on equity of 11.89% for 2023, slightly down from 12.31% in 2022[16]. - The company reported a significant increase in financial income, with financial expenses showing an 87.18% improvement, resulting in -207,501,523.06 CNY in 2023 compared to -110,855,174.76 CNY in 2022[41]. - The company achieved a total revenue of CNY 10,929,992,802.32 in 2023, a decrease of 13.32% compared to CNY 12,610,189,590.33 in 2022[30]. Revenue Breakdown - The hand tools and storage segment generated revenue of CNY 8,066,150,767.41, down 19.38% from CNY 10,004,744,537.61 in the previous year[30]. - The power tools and laser measurement segment saw revenue growth of 10.18%, reaching CNY 2,799,158,667.22, compared to CNY 2,540,542,039.17 in 2022[30]. - The company's self-owned brand (OBM) revenue increased by 2.50% to CNY 5,214,848,471.29, while customer brand (ODM) revenue decreased by 24.23% to CNY 5,650,460,963.34[32]. - The Americas accounted for 63.76% of total revenue, totaling CNY 6,968,627,907.78, a decline of 11.70% from the previous year[32]. Research and Development - The company invested CNY 32.3 million in R&D during the reporting period, designing 1,828 new products and applying for over 200 patents[27]. - The company's research and development expenses were 322,536,093.62 CNY, reflecting a slight increase of 0.97% from the previous year[41]. - The proportion of R&D investment to operating revenue rose to 2.95%, up from 2.53% in the previous year, indicating a focus on innovation[49]. - The company has completed several R&D projects, including a high-brightness green laser line projector, expected to enhance sales and increase profits[42]. Market Expansion and Strategy - The company plans to continue focusing on becoming the largest tool company globally, adhering to its development philosophy of "Precision in Action, Greatness in Heart" in 2024[3]. - The company is focusing on expanding its DTC (Direct To Customer) business model to improve customer engagement and feedback for product innovation[28]. - The company is actively pursuing market expansion, targeting an additional 5 regions by the end of 2023, which is expected to increase overall sales by 25%[86]. - The company plans to enhance its employee incentive programs, linking performance metrics to compensation to drive productivity and retention[87]. Supply Chain and Manufacturing - GreatStar has established 10 manufacturing bases in China, 3 in Southeast Asia, and 5 in Europe, along with 3 in the United States, significantly enhancing its global supply chain and logistics capabilities[3]. - The company is leveraging a global supply chain management system with 21 manufacturing bases to enhance its competitive edge and respond quickly to market demands[28]. - The company has established over 20,000 sales channels globally, including major retailers like HOME DEPOT and WALMART, enhancing its market reach[28]. Corporate Governance and Management - The company has a diverse board of directors, including independent directors like Chen Zhiming and Shi Hong, enhancing governance and oversight[97]. - The company has maintained a stable management team, with several executives, such as Vice President Li Feng and Financial Director Ni Shuyi, serving since 2008, indicating strong internal continuity[98]. - The company has emphasized its commitment to corporate governance, ensuring compliance with all regulatory requirements and maintaining transparency in operations[86]. Challenges and Risks - The company experienced a decline in orders due to high inventory levels among retailers, leading to a challenging market environment[24]. - The company is facing risks from exchange rate fluctuations, particularly as most revenue comes from overseas markets and is primarily denominated in USD[82]. - The company has identified rising raw material prices as a potential risk, which could impact profitability despite strong bargaining power with suppliers[82]. - The company is actively monitoring trade friction risks, especially the 25% tariff on products exported to the US, which affects its largest single market[83]. Future Outlook - The company expects a potential demand recovery in the second half of 2024 as retailer inventories reach historically low levels[24]. - The company provided guidance for Q2 2023, expecting revenue to reach between 550 million and 600 million, which would represent a growth of 10% to 20% compared to Q1 2023[84]. - The company aims for a cumulative 100% growth in its main business over the next three years, despite a decline in revenue in 2023[82]. Employee and Training Initiatives - The company conducted 61 training sessions in 2023, with a total of 3,037 participants and 9,217 hours of training[117]. - The average employee salary exceeded the provincial average for Zhejiang in 2023, with multiple salary adjustments throughout the year[116]. - The company has a total workforce of 10,798 employees, with 7,265 in production, 1,075 in sales, and 1,105 in technical roles[115]. Environmental and Social Responsibility - The company has implemented various environmental management systems to reduce carbon emissions and promote green production practices[130]. - The company has established a fair evaluation system for supplier selection, ensuring the protection of supplier and customer rights[132]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[130].

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。 特别提示： 证券代码：002444 证券简称：巨星科技 公告编号：2023-055 杭州巨星科技股份有限公司 2023 年第三季度权益分派实施公告 本次权益分派实施后，按杭州巨星科技股份有限公司（以下简称"本公司"、 "公司"）总股本折算每股现金分红比例及除权除息参考价如下： 考虑到公司回购专用证券账户上的股份不参与2023年第三季度权益分派， 公司本次实际现金分红的总金额=实际参与分配的总股本×分配比例，即 209,033,681.85元=1,194,478,182股×0.175元/股；每股现金红利=现金分红总 额÷总股本（包含已回购股份），即0.173832元/股=209,033,681.85元÷ 1,202,501,992股（结果取小数点后六位，最后一位直接截取，不四舍五入）。 综上，2023年第三季度权益分派实施后的除权除息价格=股权登记日收盘价 -0.173832元/股。 公司2023年第三季度权益分派方案已获2023年11月27日召开的2023年第三 次临时股东大会审议通过，现将权益分派事宜公告如下： ...

法律意见书 浙江京衡律师事务所 关于杭州巨星科技股份有限公司 2023 年第三次临时股东大会的法律意见书 致：杭州巨星科技股份有限公司 浙江京衡律师事务所（下称"本所"）接受杭州巨星科技股份有限公司（下 称"公司"）的委托，指派王旭东律师、叶枫律师（下称"本所律师"）出席了 公司 2023 年第三次临时股东大会（下称"本次股东大会"），对本次股东大会 进行见证并发表法律意见。 为出具本法律意见书，本所律师审查了公司本次股东大会的有关文件和材料。 本所律师得到公司如下保证：公司向本所提供的用于出具本法律意见书所必需的 原始书面材料、副本材料、电子文档或口头陈述真实、完整、有效，不存在虚假 陈述、重大遗漏或隐瞒，所有副本材料与复印件均与原件一致。 本法律意见书仅供本次股东大会之目的使用，未经本所书面同意，本法律意 见书不得用于其它任何目的。本所律师同意将本法律意见书作为本次股东大会所 必备的法律文件进行公告，并愿意承担相应的法律责任。 本所律师依据《中华人民共和国公司法》（下称"《公司法》"）、《上市 公司股东大会规则》等法律、法规、规范性文件及《公司章程》的有关规定，按 照律师行业公认的业务标准、道德规范及勤勉 ...

证券代码：002444 证券简称：巨星科技 公告编号：2023-054 杭州巨星科技股份有限公司 2023 年第三次临时股东大会决议公告 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。 特别提示： 2、本次股东大会未涉及变更前次股东大会决议的情况。 一、会议召开和出席情况 1、召集人：公司董事会 2、主持人：董事长仇建平先生 3、表决方式：采取现场书面记名投票和网络投票相结合方式 4、会议召开时间： （1）现场会议召开时间：2023年11月27日（星期一）下午14：30 （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具体时间为：2023年11月27日 9：15—9：25，9：30—11：30，13：00—15：00； 通过深圳证券交易所互联网投票系统投票的具体时间为：2023年11月27日 9:15-15：00。 1、本次股东大会无增加、变更、否决议案的情况； 5、会议召开地点：浙江省杭州市上城区九环路35号公司八楼会议室 6、本次大会的召集、召开与表决程序符合《公司法》等法律法规及《公司 章程》的有关规定。 7、股东出席的总体情况： 通过现场 ...

杭州巨星科技股份有限公司 关于公司取得核心客户的供应商奖项的公告 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。 近期，杭州巨星科技股份有限公司（以下简称"公司"）连续获得公司核心 客户 The Home Depot, Inc.（以下简称"家得宝"）D59 Storage 部门颁发的 "Partner of the Year"奖项和 Lowe'S Companies, Inc.（以下简称"劳氏"） 工具部门颁发的"Vendor Partner of the Year"奖项。 家得宝是全球知名的家居建材用品零售商，是公司最核心的客户之一， D59 Storage 部门主要负责非手工具家具装潢类别。公司本次首次获得 D59 Storage 部门的奖项，系公司积极发展非手工具类业务后获得的重要认可，体现了公司品 类拓展的能力，也为后续的发展打下坚实的基础。 劳氏是全球知名的家居建材用品零售商，是公司最核心的客户之一。公司本 年度获得工具部门颁发的供应商奖项，系公司秉承不断为客户创造价值的初衷， 通过不懈努力持续帮助客户提升市场满意度，从而获得对公司的重要认可，体现 ...

Financial Performance - The company's revenue for Q3 2023 was ¥3,364,956,201.89, representing a decrease of 6.54% compared to the same period last year[3]. - Net profit attributable to shareholders for Q3 2023 was ¥633,634,145.08, an increase of 1.94% year-on-year[3]. - The net profit excluding non-recurring gains and losses for Q3 2023 was ¥640,411,354.85, up by 4.98% compared to the previous year[3]. - The net profit for Q3 2023 reached CNY 1,513,043,252.70, an increase of 16.9% compared to CNY 1,294,384,721.73 in Q3 2022[14]. - The total profit for the period was CNY 1,722,661,067.84, up from CNY 1,493,256,066.31 in the same quarter last year, reflecting a growth of 15.4%[14]. - The basic earnings per share increased to CNY 1.26, compared to CNY 1.11 in Q3 2022, marking a rise of 13.5%[14]. - The total comprehensive income attributable to the parent company was CNY 1,495,466,253.69, compared to CNY 1,618,627,841.83 in the previous year, indicating a decrease of 7.6%[14]. Assets and Liabilities - The total assets at the end of Q3 2023 reached ¥21,132,760,784.90, reflecting a growth of 13.74% from the end of the previous year[3]. - The total current assets increased to CNY 12.23 billion from CNY 10.31 billion at the beginning of the year, representing a growth of approximately 18.6%[10]. - The cash and cash equivalents rose to CNY 6.49 billion, up from CNY 4.86 billion, marking an increase of about 33.4%[10]. - The total liabilities increased to CNY 6.20 billion from CNY 4.96 billion, reflecting a growth of approximately 25.1%[11]. - The total owner's equity rose to CNY 14.93 billion from CNY 13.62 billion, an increase of approximately 9.6%[11]. Cash Flow - Cash flow from operating activities for the year-to-date was ¥1,387,067,596.64, showing a significant increase of 211.84% compared to the previous year[3]. - Cash flow from operating activities generated a net amount of CNY 1,387,067,596.64, significantly higher than CNY 444,807,562.64 in the previous year[15]. - The company reported a decrease in cash received from sales of goods and services, totaling CNY 8,277,806,507.40, down from CNY 9,391,208,383.66 in Q3 2022, a decline of 11.9%[15]. - Cash flow from investing activities showed a net outflow of CNY 492,051,017.56, worsening from a net outflow of CNY 206,325,447.25 in the same period last year[15]. - The net cash flow from financing activities was CNY 571,093,734.35, a recovery from a net outflow of CNY 211,063,825.93 in Q3 2022[16]. Shareholder Information - The company reported a total of 36,173 common shareholders at the end of the reporting period[7]. - The largest shareholder, Juxing Holdings Group Co., Ltd., holds 38.56% of the shares, totaling 463,739,864 shares[7]. Borrowings and Investments - The company experienced a 71.51% increase in short-term borrowings, amounting to ¥236,524.12 million, primarily to hedge against RMB appreciation risks[6]. - Investment income for the year-to-date increased by 44.73%, reaching ¥28,602.64 million, attributed to higher returns from long-term equity investments[6]. - The long-term investments increased to CNY 2.94 billion from CNY 2.54 billion, showing a growth of about 15.4%[10]. - The company’s short-term borrowings increased significantly to CNY 2.37 billion from CNY 1.38 billion, a rise of approximately 71.5%[11]. Operational Insights - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[12]. - The company reported a decrease in commission income to CNY 7.16 billion from CNY 8.55 billion, a decline of approximately 16.3%[13]. - The inventory decreased to CNY 2.71 billion from CNY 2.81 billion, reflecting a decline of about 3.6%[10]. - The company experienced a foreign exchange gain of CNY 129,800,535.10 during the quarter, compared to a gain of CNY 148,143,564.81 in the same quarter last year[16].