浙江健盛集团股份有限公司2024 年年度报告 公司代码：603558 公司简称：健盛集团 浙江健盛集团股份有限公司 致力于成为全球化的产业链一体化的针织运动服饰制造领航者 浙江健盛集团股份有限公司2024 年年度报告 公司代码：603558 公司简称：健盛集团 浙江健盛集团股份有限公司 浙江健盛集团股份有限公司2024 年年度报告 重要提示 一、本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真实性、准确性、 完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 天健会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、公司负责人张茂义、主管会计工作负责人陈燕及会计机构负责人（会计主管人员）张剑声明： 保证年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 司股东的净利润324,927,590.72元，母公司实现净利润189,872,652.75元。按照《公司章程》有 关规定，按母公司净利润的10%提取法定盈余公积金18,987,265.28元后，本年度可供全 ...

Core Insights - The article highlights the rapid development of Xiaobeihe Town in Liaoning Province, known as "China's Sock Town," which has transformed from small workshops to a modern industrial base for sock production [1][2]. Group 1: Industry Overview - Xiaobeihe Town has a registered population of 48,000 and produces 2.6 billion pairs of socks annually, generating a revenue of 3.8 billion yuan, equating to an average production of 82 pairs of socks and a value of 120 yuan every second [1]. - The town is home to 295 sock-related enterprises and 23,000 computer knitting machines, making it the second-largest cotton sock production base in China [1][2]. Group 2: Development Initiatives - Since 2019, Liaoyang County has focused on building the Northeast Asia Light Industry Base, promoting the collective and standardized development of sock enterprises through investment attraction and asset revitalization [2][4]. - The first phase of the Northeast Asia Light Industry Base has been completed, featuring modern industrial buildings and sales showrooms [2]. Group 3: Market Expansion - Xiaobeihe's sock industry is shifting focus towards e-commerce and international markets, with plans to enhance brand development and sales channels [3]. - The export value of a local company reached 30 million yuan last year, with intentions to participate in more international exhibitions to secure orders [3]. Group 4: Government Support - The Liaoning Provincial Department of Commerce is supporting the development of logistics and sales centers to facilitate the integration of production, supply, and sales for Xiaobeihe's sock industry [4]. - A comprehensive development plan has been established, emphasizing park construction, enterprise cultivation, investment attraction, equipment upgrades, and market expansion [5].

李佳琦，带着爸妈开了一个"小号"。 5月5日，"所有爸妈的幸福家"在淘宝开播——从名字就能看出，李佳琦这次把目光投向"所有女生"的父母们，做起了中老年人的直播带货生意。 开播当天，李佳琦和众多助播，带着自己的爸爸妈妈在直播间现身热场，主打复古感的直播间直接让人梦回90年代。"所有爸妈的幸福家"首场直播，就斩 获近180万的观看量，正式开播两天后，粉丝量超过19万。 但李佳琦做中老年生意，俨然是"正规军"入场，和这两位超头主播的"家族生意"，也有着不同的逻辑。 小杨哥带父母直播，是因为其最早就走着家庭搞笑路线，父母也是组成内容的一部分；辛巴妈妈做直播带货，是因为辛巴的"家人"口号，有着强情感联结 的属性，家族互动更容易触发用户潜意识中的信任机制；相比之下，李佳琦的内容组成中很少涉及父母，口号也更多是"所有女生"，这次带着爸妈做直 播，更像是将"李佳琦"这个IP的价值发挥到最大，更好扩宽自己的品类和矩阵，瞄准了万亿的银发经济市场。 曾经，美ONE一直持有All in李佳琦的发展策略，但到现在，直播电商行业已经走入下半场，美ONE和李佳琦也在不断转变。 从开自营店、做矩阵，悄悄进入其他平台"带货"，再到拍短剧、上综 ...

Investment Rating - The report maintains a "Buy" rating for the company [4][6]. Core Views - The company reported a stable revenue growth of 2% year-on-year in Q1 2025, but the net profit attributable to the parent company decreased by 27% year-on-year [1]. - The company is expected to see healthy growth in orders for cotton socks in 2025, despite a slight decline in Q1 2025 due to customer order shipment schedules [2]. - The company is expanding its overseas integrated production capacity, which is anticipated to enhance its competitive strength in the medium to long term [3]. Financial Performance - In Q1 2025, the company's revenue was 560 million yuan, with a net profit of 60 million yuan, reflecting a decrease in net profit margin by 4.3 percentage points to 10.7% [1]. - The gross profit margin decreased by 2.5 percentage points to 26.8% in Q1 2025 [1]. - The company expects net profits for 2025, 2026, and 2027 to be 340 million, 388 million, and 441 million yuan respectively, with a corresponding P/E ratio of 9 times for 2025 [4][5]. Business Outlook - The company is focusing on matching production capacity with orders, particularly in the cotton socks and seamless apparel segments, with expectations of improved profitability in the seamless apparel business [2]. - The company is actively expanding its production capacity in Vietnam, with projects expected to be completed in 2024, which will further enhance its production capabilities [3]. - The company has a solid cash flow management strategy, with a net operating cash flow of 200 million yuan in Q1 2025, approximately 3.3 times the net profit for the same period [3].

Investment Rating - The report maintains a "Buy" rating for the company [2][5] Core Views - The company is expected to achieve a revenue of 2.574 billion yuan in 2024, representing a year-on-year increase of 12.8%, and a net profit of 325 million yuan, up 20.2% year-on-year [2] - The cotton sock business is projected to grow due to increased volume and price, with a revenue of 1.844 billion yuan in 2024, a 16% increase, and a net profit of 279 million yuan, up 12.5% year-on-year [3] - The seamless apparel segment is anticipated to improve profitability significantly as production capacity utilization in Vietnam increases, with a revenue of 661 million yuan in 2024, a 5.6% increase, and a net profit of 46 million yuan, up 105% year-on-year [3] Financial Summary - Revenue and profit projections for 2024-2027 show consistent growth, with revenue expected to reach 3.401 billion yuan by 2027, and net profit projected at 470 million yuan [4][8] - The gross margin is expected to improve from 26.0% in 2023 to 29.8% in 2027, while the net margin is projected to rise from 11.9% to 13.8% over the same period [4][8] - The company maintains a high dividend payout ratio, with a cash dividend ratio of 54.74% for 2024, and a total buyback amount leading to a payout ratio of 94.7% [2]

浙江健盛集团股份有限公司（以下简称"健盛集团"）近日公告，经公司总裁张茂义提名、公司 董事会提名委员会审核，同意聘任杨勇、陈垂妆为公司副总裁，任期至公司第六届董事会任期 届满止。 公告显示，获聘人员中的陈垂妆系京族，越南籍。从公开信息来看，其应该是A股历史上首位 越南籍高管。 图片来源：视觉中国（图文无关） 孙公司副总"直升"上市公司高管 公告披露，陈垂妆毕业于河内外语大学中文系，系美国哥伦比亚南方大学工商管理硕士。2002 年至2004年，她任海防中国台湾商会会长助理；2004年至2009年，其任Aroma Bay Candles蜡烛 公司行政部兼发展部经理；2009年至2014年，其任圣力特钢公司销售部经理。 2014年至今，陈垂妆任Jasan Socks(vietnam)Co.,Ltd.（下称"健盛越南 "）常务副总经理。健盛越 南系泰和裕国际全资子公司，泰和裕国际又是健盛集团全资子公司。也就是说，陈垂妆从健盛 集团孙公司副总直接升任为上市公司副总。 3月25日，发布2024年年度报告，公司实现营业收入25.74亿元，同比增长12.81%；归属于上市 公司股东的净利润3.25亿元，同比增长20.15%。 ...