!"#$%&'()* 18 +,-'(./ 19 0 1230755-23993388 4530755-86186205 673518048 !"#$%&'()*+,- ./&'0123456789:; 2024 <=>?@A6BCDE F)GHI 国枫律股字[2024]C0130 号 !"#$%&'()*+,-./012/03 本所律师根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司股 东大会规则》《律师事务所从事证券法律业务管理办法》（以下简称《证券法律业务管理 办法》）、《律师事务所证券法律业务执业规则（试行）》（以下简称《证券法律业务执业规 则》）等相关法律、行政法规、规章、规范性文件及《深圳市倍轻松科技股份有限公司章 程》（以下简称《公司章程》）的规定，就本次会议的召集与召开程序、召集人资格、出 席会议人员资格、会议表决程序及表决结果等事宜，出具本法律意见书。 对本法律意见书的出具，本所律师特作如下声明： 1．本所律师仅就本次会议的召集与召开程序、召集人和出席现场会议人员资格、 会议表决程序及表决结果的合法性发表意见，不对本次会议所审议的议案内容及该等议 案所表述的事实或数据的真实性、 ...

Investment Rating - The investment rating for the company is "Outperform" [7] Core Insights - The company's Q3 2024 performance was below expectations, with a revenue of 833 million yuan, a year-on-year decline of 11.16%. The net profit attributable to the parent company was 13 million yuan, showing a positive turnaround compared to the previous year [5][7] - The company achieved a record high gross margin of 66.80% in Q3 2024, an increase of 2.94 percentage points year-on-year, primarily due to improvements in product mix [7] - The company has adjusted its profit forecasts downward, expecting net profits of 27 million yuan, 65 million yuan, and 97 million yuan for 2024, 2025, and 2026 respectively, with significant growth rates projected [7] Summary by Sections Financial Performance - For Q1-Q3 2024, the company reported total revenue of 837 million yuan, a decrease of 11.2% year-on-year. The net profit attributable to the parent company was 13 million yuan, marking a return to profitability [5][11] - Q3 2024 saw a revenue of 233 million yuan, down 32% year-on-year, with a net loss of 13 million yuan [5][7] Sales Channels - Online sales faced pressure with a 39% year-on-year decline due to high base effects from the previous year. The company is optimizing its offline channel strategy, having opened 133 direct-operated stores and 63 dealer stores as of June 30, 2024 [6][7] - The company is expanding its market presence through provincial retail service providers, targeting second and third-tier cities [6] Cost Structure - The sales expense ratio increased to 59.99%, up 6.37 percentage points year-on-year, attributed to fixed costs despite declining revenues. The management expense ratio also rose to 7.25% [7] - The company recorded a net profit margin of -5.59% in Q3 2024, a decline of 8.22 percentage points year-on-year [7] Future Outlook - The company maintains an "Outperform" rating despite the downward revision of profit forecasts, with a projected PEG ratio of 1.14 for 2024, indicating a potential upside of 9% from the current market value [7]

公司快报 2024 年 10 月 30 日 倍轻松(688793.SH) Q3 需求承压，单季毛利率改善 事件：倍轻松公布 2024 年三季报。公司 2024 年前三季度实现 收入 8.4 亿元，YoY-11.2%；实现归母净利润 1310.0 万元，去年 同期亏损 1633.1 万元。经折算，公司 2024Q3 实现收入 2.3 亿元， YoY-31.9%；实现归母净利润-1303.4 万元，YoY-244.6%。我们认 为，Q3 国内可选消费景气低迷，倍轻松单季收入承压，公司调整 销售策略，单季毛利率同比改善，期待经营改善。 Q3 单季收入同比下降：Q3 国内可选消费景气较为低迷，且受去 年同期高基数影响（2023Q3 收入 YoY+79.8%），Q3 倍轻松单季收 入同比有所下降。我们推断，Q3 公司线上收入同比降幅较大，线 下门店收入表现平稳。据久谦数据显示，Q3 倍轻松线上（天猫+京 东+抖音）销售额 YoY-39.5%。展望后续，公司积极研发新品，不 断完善线上线下渠道布局，逐步拓展海外渠道，收入有望回升。 Q3 单季毛利率同比明显改善：Q3 倍轻松毛利率为 66.8%，同比 +2.9pct。我们 ...

Investment Rating - The investment rating for the company is "Accumulate" (downgraded) [3] Core Views - The company reported a significant decline in revenue and profit in Q3 2024, with a total revenue of 2.33 billion yuan, down 31.92% year-on-year, and a net profit of -0.13 billion yuan, down 244.58% year-on-year. The overall revenue for the first three quarters of 2024 was 8.37 billion yuan, a decrease of 11.16% year-on-year, while the net profit increased by 180.21% to 0.13 billion yuan [1][2] - The report highlights that the domestic consumption recovery is slow, and the industry remains highly competitive, putting pressure on the company's revenue and profit performance in the single quarter [1] Financial Performance Summary - For Q1-Q3 2024, the gross profit margin increased by 1.79 percentage points to 63.21%, while the net profit margin decreased by 8.23 percentage points to -5.59% in Q3 2024 [2] - The company has adjusted its profit forecast for 2024, expecting net profits of 0.23 billion yuan, 0.52 billion yuan, and 0.97 billion yuan for 2024, 2025, and 2026 respectively, reflecting year-on-year growth rates of 146.0%, 122.1%, and 86.2% [2][6] - The company's total market capitalization is approximately 2,751.97 million yuan, with a closing price of 32.02 yuan as of October 29, 2024 [3] Stock Performance - The stock has shown a significant decline, with a drop of 40% from October 2023 to October 2024 compared to the CSI 300 index [4]

Financial Performance - The company's operating revenue for Q3 2024 was ¥233,033,639.44, representing a decrease of 31.92% compared to the same period last year[2]. - The net profit attributable to shareholders was -¥13,034,130.64, a decline of 244.58% year-on-year[2]. - The net profit for Q3 2024 was ¥13,099,848.25, compared to a net loss of ¥15,706,198.90 in Q3 2023, indicating a significant improvement[19]. - The total comprehensive income for Q3 2024 was ¥13,262,752.71, while in Q3 2023, it was a loss of ¥16,047,062.92[19]. - The basic earnings per share for Q3 2024 was ¥0.16, recovering from a loss of ¥0.19 in Q3 2023[20]. - Total operating revenue for the first three quarters of 2024 was CNY 836,558,695.18, a decrease of 11.2% compared to CNY 941,688,105.59 in the same period of 2023[15]. - The company reported a net profit of CNY 13,336,063.39, recovering from a net loss of CNY 12,173,891.46 in the same period last year[17]. - The total profit for Q3 2024 was CNY 1,006,624.40, a significant decrease from CNY 28,954,369.54 in Q3 2023[26]. - The net profit for Q3 2024 was CNY 878,512.50, compared to a net loss of CNY 28,206,533.89 in Q3 2023[26]. Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date was ¥19,484,658.69, down 76.12% compared to the same period last year[2]. - Cash inflow from operating activities for the first three quarters of 2024 was ¥992,643,672.21, down from ¥1,089,465,203.93 in the same period of 2023[20]. - The net cash flow from operating activities for Q3 2024 was ¥19,484,658.69, a decrease from ¥81,597,730.15 in Q3 2023[20]. - The ending cash and cash equivalents balance as of September 30, 2024, was ¥188,642,056.30, down from ¥220,001,766.30 at the end of Q3 2023[21]. - Cash flow from operating activities for the first nine months of 2024 was CNY -75,097,759.72, down from CNY 53,310,090.43 in the same period of 2023[27]. - Cash and cash equivalents at the end of Q3 2024 were CNY 133,642,203.18, down from CNY 198,159,653.43 at the end of Q3 2023[27]. Assets and Liabilities - The total assets at the end of the reporting period were ¥734,605,485.55, a decrease of 1.87% from the end of the previous year[3]. - Total assets decreased to CNY 734,605,485.55 from CNY 748,586,451.43, a decline of 1.9%[15]. - Current liabilities rose to CNY 338,505,550.55, compared to CNY 312,798,925.40, an increase of 8.2%[15]. - Non-current liabilities totaled CNY 17,559,311.27, down from CNY 30,914,923.79, a decrease of 43.1%[15]. - The company's total equity decreased to CNY 482,213,451.38 as of September 30, 2024, from CNY 520,697,478.79 at the end of 2023, a decline of 7.4%[24]. - Total liabilities increased to CNY 414,498,997.08 as of September 30, 2024, compared to CNY 373,455,738.72 at the end of 2023, an increase of 11.0%[23]. Research and Development - The R&D investment totaled ¥15,767,585.82, accounting for 6.77% of operating revenue, an increase of 2.66 percentage points from the previous year[3]. - Research and development expenses increased to CNY 46,625,021.73, up from CNY 40,544,367.67, indicating a growth of 15.7%[17]. - Research and development expenses increased to CNY 41,369,609.69 in 2024 from CNY 31,499,809.36 in 2023, reflecting a growth of 31.4%[25]. Shareholder Information - The company reported a total of 10 ordinary shareholders at the end of the reporting period, with the largest shareholder holding 40.48% of the shares[8]. - The top shareholder, Ma Xuejun, holds 34,787,860 shares, representing a significant portion of the company's equity[11]. - There are no significant changes in the relationships among the top shareholders, indicating stable ownership structure[11]. - The company has not reported any changes in the participation of major shareholders in margin trading and securities lending activities[12]. Government Support and Future Outlook - The company received government subsidies amounting to ¥1,006,798.02 during the reporting period[4]. - Future outlook includes continued investment in new product development and market expansion strategies to enhance revenue growth[15]. - The company is focused on expanding its market presence and developing new products and technologies, although specific details were not disclosed in the report[11].

联系电话：0755-82073336-8184 电子邮箱：ir@breo.com 证券代码：688793 证券简称：倍轻松 公告编号：2024-041 深圳市倍轻松科技股份有限公司 关于聘任证券事务代表的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 深圳市倍轻松科技股份有限公司（以下简称"公司"）于 2024 年 10月 28 日 召开第六届董事会第七次会议，审议通过了《关于聘任公司证券事务代表的议 案》。同意聘任李花女士担任公司证券事务代表，协助董事会秘书开展各项工 作，任期自本次董事会审议通过之日起至第六届董事会任期届满之日止。 李花女士已取得上海证券交易所颁发的董事会秘书资格证书，具备履行证 券事务代表职责所必需的专业知识、工作经验及相关素质，能够胜任相关岗位 职责的要求，其任职符合《中华人民共和国公司法》《上海证券交易所科创板 股票上市规则》等相关法律法规和规范性文件的规定。李花女士简历详见附 件。 公司证券事务代表联系方式如下： 李花女士简历 李花，1990年7月生，女，中国籍，无境外永久居留权。本科学历 ...

证券代码：688793 证券简称：倍轻松 公告编号：2024-040 深圳市倍轻松科技股份有限公司 第六届监事会第四次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 深圳市倍轻松科技股份有限公司（以下简称"倍轻松"或"公司"）第六届 监事会第四次会议于 2024 年 10 月 28 日在深圳市南山区创业路 1777 号海信南方 大厦 19 楼以现场表决方式召开，会议通知于 2024 年 10 月 24 日以邮件形式送达 公司全体监事。本次会议由监事会主席蔡金发先生召集并主持，会议应出席监事 3 人，实际出席监事 3 人。本次会议的召集、召开符合《中华人民共和国公司法》 （以下简称《公司法》）等法律、法规和《深圳市倍轻松科技股份有限公司章程》 （以下简称《公司章程》）的有关规定，会议决议合法有效。 二、监事会会议审议情况 经全体监事表决，形成决议如下： （一）、审议通过《关于 2024 年第三季度报告的议案》 经审核，监事会认为：公司 2024 年第三季度报告的编制和审议程序符合法 律法规和中国证监会等相关规定 ...

深圳市倍轻松科技股份有限公司（以下简称"倍轻松"或"公司"）第六届 董事会第七次会议通知于 2024 年 10 月 24 日送达全体董事，本次会议于 2024 年 10 月 28 日在深圳市南山区创业路 1777 号海信南方大厦 19 楼以现场结合通讯表 决方式召开，会议由董事长马学军召集和主持，会议应出席董事 7 人，实际出席 董事 7 人。本次会议的召集、召开符合《中华人民共和国公司法》（以下简称 《公司法》）等法律、法规和《深圳市倍轻松科技股份有限公司章程》（以下简 称《公司章程》）的有关规定，会议决议合法有效。 二、董事会会议审议情况 经全体董事表决，形成决议如下： 证券代码：688793 证券简称：倍轻松 公告编号：2024-039 深圳市倍轻松科技股份有限公司 第六届董事会第七次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、董事会会议召开情况 表决结果：7 票同意，0 票反对，0 票弃权。 具体内容详见公司于同日刊登在上海证券交易所网站（www.sse.com.cn）的 《深圳市倍轻松科技股 ...

深圳市倍轻松科技股份有限公司 2024 年第一次临时股东大会会议资料 深圳市倍轻松科技股份有限公司 2024 年第一次临时股东大会 会议资料 二零二四年十月 深圳市倍轻松科技股份有限公司 2024 年第一次临时股东大会会议资料 目录 | 2024 | 年第一次临时股东大会会议须知 3 | | --- | --- | | 2024 | 年第一次临时股东大会会议议程 4 | | 2024 | 年第一次临时股东大会会议议案 5 | | | 议案一：关于变更经营范围、修订章程并办理工商变更登记的议案 5 | 三、出席股东大会的股东、股东代理人应当持身份证或者营业执照复印件、 授权委托书和证券账户卡等证件按股东大会通知登记时间办理签到手续，在大会 主持人宣布现场出席会议的股东和股东代理人人数及所持有表决权的股份总数 之前，会议终止登记。未签到登记的股东原则上不能参加本次股东大会。 四、与会股东依法享有发言权、质询权、表决权等各项权利。股东应认真履 行法定义务，自觉遵守大会纪律，不得影响大会的正常程序或者会议秩序，不得 侵犯其他股东的权益。股东发言主题应与本次股东大会表决事项有关，与本次股 东大会议题无关或将泄漏公司商业 ...

一、变更经营范围 根据公司业务发展需要，拟增加公司经营范围，同时对《公司章程》相应 条款进行修订，并办理工商变更登记，经营范围增加事项最终以市场监督管理 局核定为准。 证券代码：688793 证券简称：倍轻松 公告编号：2024-037 深圳市倍轻松科技股份有限公司 关于变更经营范围、修订章程并办理工商变更登记的 公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 基于公司经营发展需要，同时为进一步完善公司治理结构，更好地促进规范 运作，根据《中华人民共和国公司法》《中华人民共和国证券法》《上市公司章 程指引》《上市公司独立董事管理办法》《上海证券交易所科创板股票上市规则》 《上海证券交易所科创板上市公司自律监管指引第 1 号——规范运作》等法律、 法规、规范性文件的规定，深圳市倍轻松科技股份有限公司（以下简称"倍轻松" 或"公司"）于 2024 年 10 月 12 日召开了公司第六届董事会第六次会议，审议通过 了《关于变更经营范围、修订章程并办理工商变更登记的议案》。现将具体情况 公告如下： 1、修订章程经营范围，因拟 ...