1 证券代码：002043 证券简称：兔宝宝 德华兔宝宝装饰新材股份有限公司 投资者关系活动记录表 编号：2021-005 | --- | --- | --- | |--------------------|----------------|-------| | 投资者关系活动类别 | | | | □特定对象调研 | □分析师会议 | | | □媒体采访 | □业绩说明会 | | | □新闻发布会 | □路演活动 | | | □现场参观 | ☑ 电话交流会议 | | | | | | 参与单位名称 广发证券、国君证券、长江证券、中信证券、平安资本、景顺长城、国泰基金、 国海富兰克林、九泰基金、深圳前海德毅资产、宝盈基金、诺德基金、盘京投资、 相生资产、长城基金、景林资产、博道投资、华夏基金、富国基金、平安资本、 平安养老、长城基金、名禹资产、中阅资本等、浙商资管、国寿安保基金、华夏 基金、金元顺安、中信建投基金、西部利得基金等。 | --- | --- | |------------------------------|-------| | 时间 | | | 2021 年 8 月 18 日 | | | 地点 | ...

Group 1: Company Overview and Business Strategy - The company focuses on decorative materials as its main business, with customized home furnishing as a supplementary strategy, achieving growth in both areas this year [5] - The establishment of branch operations has significantly improved marketing and after-sales service, leading to increased sales across various regions [5] - The company has implemented a multi-channel sales strategy for board materials, responding to market trends towards high-quality, eco-friendly custom furniture [6] Group 2: Sales and Product Development - The optimization of product structure has led to increased sales of high-margin products, with stable profit margins despite rising raw material costs [6] - The rapid development of customized retail and project business has been supported by the enhancement of store images and the company's strong influence in the board materials market [6] - The company plans to upgrade traditional ecological boards to higher-spec custom furniture boards and enhance design and processing techniques [6] Group 3: Market Challenges and Responses - The company faces challenges in the easy-installation business due to market diversification, leading to a strategic adjustment in its goals [7] - The demand for board materials is expected to grow, despite pressures from rising raw material costs and environmental regulations [7] - The company aims to stabilize its core customer base while developing high-quality clients to ensure steady growth [7] Group 4: Financial Outlook and Shareholder Returns - The company has a low risk of bad debts, with a decreasing trend in accounts receivable [7] - A three-year shareholder return plan has been established, committing to distribute at least 50% of the annual distributable profits in cash [8] - The company anticipates a growth rate of 2%-3% in the artificial board industry for 2021, with significant market opportunities available [7]

证券代码：002043 证券简称：兔宝宝 德华兔宝宝装饰新材股份有限公司 投资者关系活动记录表 编号：2021-006 | --- | --- | |--------------------|----------------| | | | | 投资者关系活动类别 | | | □特定对象调研 | □分析师会议 | | □媒体采访 | □业绩说明会 | | □新闻发布会 | □路演活动 | | □现场参观 | ☑ 电话交流会议 | 参与单位名称 国泰君安证券、长江证券、广发证券、国泰基金、上投摩根基金、华安证券、华 夏基金、万家基金、华安基金、金元顺安、建信养老、财通证券、九泰基金、英 大证券、国信证券、东方自营、上海伴榕投资管理有限公司、无锡汇蠡投资管理中 心（有限合伙）、招银理财有限责任公司、大家资产管理有限责任公司、燕园资 本、幻方量化、源乘投资、山楂树甄琢、渤海汇金资管、珠海盈米基金、湖北银 行、广发信德投资、深圳旦恩先锋投资、银河基金、逸桦（香港）有限公司、LYGH CAPITAL PTE. LTD、LIBRARY RESEARCH LIMITED 等。 | --- | --- | |--------- ...

证券代码：002043 证券简称：兔宝宝 德华兔宝宝装饰新材股份有限公司 投资者关系活动记录表 编号：2022-001 | --- | --- | |--------------------|--------------| | 投资者关系活动类别 | | | □特定对象调研 | □分析师会议 | | □媒体采访 | □业绩说明会 | | □新闻发布会 | □路演活动 | | □现场参观 | 电话交流会议 | 参与单位名称 广发证券股份有限公司、万家基金管理有限公司、中海基金管理有限公司、建信 基金管理有限责任公司、华夏基金管理有限公司、逸桦(香港)有限公司、国泰基 金管理有限公司、永赢基金管理有限公司、东方基金管理有限责任公司、中信建 投证券股份有限公司、东方阿尔法基金管理有限公司、深圳市君茂投资有限公司、 财信证券有限责任公司、深圳市前海德毅资产管理有限公司、太平洋证券股份有 限公司、浙江巴沃资产管理有限公司等 89 位投资者。 | --- | --- | |------------------------------|-------| | 时间 | | | 2022 年 2 月 28 日 | | | 地点 ...

Group 1: Business Impact and Recovery - The pandemic had varying impacts on different business segments, with the core board business showing resilience due to diversified regional operations [3] - Sales in East China were significantly affected in March and April due to logistics disruptions and construction delays, particularly in Shanghai, Jiangsu, Anhui, and Fujian [3] - Overall, the company's performance in Q2 was within expectations, and there is confidence in achieving annual targets as recovery progresses [3] Group 2: Market Outlook and Demand - The demand for decorative materials and custom furniture is expected to remain stable, driven by the increasing housing stock and the need for renovations, especially for older low-end products [4] - The annual sales of new homes exceed 10 million units, indicating a robust market demand [4] Group 3: Strategic Planning and Customer Management - The company is focusing on the safety of accounts receivable and optimizing customer structure to enhance service quality and customer satisfaction [4] - Future plans for Yufeng Hantang include expanding product categories and integrating with Rabbit Baby's flooring, doors, and board products [4] Group 4: Competitive Advantage and Cost Management - The company has developed strong competitive advantages in brand influence, marketing channels, R&D, product quality, and supply chain management over 30 years [4] - Raw material prices, including wood, adhesives, and impregnated paper, are expected to remain stable, leading to consistent gross margins for the year [4]

证券代码：002043 证券简称：兔宝宝 德华兔宝宝装饰新材股份有限公司 投资者关系活动记录表 编号：2022-006 | --- | --- | |--------------------------|-------------------------| | 投资者关系活动类别 | | | ☑ 特定对象调研 | □分析师会议 | | □媒体采访 | □业绩说明会 | | □新闻发布会 ☑ 现场参观 | □路演活动 □电话交流会议 | 参与单位名称 浙江省中小企业协会上市公司专业委员会沈松华、戴俊彦、沈炎廷；静山资本崔宝 剑、浙江俊皓李小鹏、耀康基金李家旭、国金证券龚轶之、华泰证券黄颖、野村东 方国际证券有限公司徐攀梅、杭州正班私募基金管理公司陈禾、浙江开元股权投资 有限公司闫俊峰、上海首瀚石正华、浙江宁聚投资翁杰昂、杭州瑜瑶基金戴榕杰、 中金财富证券杨玉梅、浙江汇孚资本管理有限公司潘建东、湘财证券股份有限公司 杨欣瑜、傲创（杭州）资产管理有限公司梁圆圆、山东鹏晟投资有限公司徐清华、 杭州锐稳投资管理有限公司马伟俊、真为基金俞泮涵。 | --- | |----------------------------- ...

证券代码：002043 证券简称：兔宝宝 德华兔宝宝装饰新材股份有限公司 投资者关系活动记录表 编号：2022-005 | --- | --- | |--------------------|----------------| | 投资者关系活动类别 | | | □特定对象调研 | □分析师会议 | | □媒体采访 | □业绩说明会 | | □新闻发布会 | □路演活动 | | □现场参观 | ☑ 电话交流会议 | | | | 参与单位名称 安信证券、国信证券、兴证证券、中银证券、上海银叶投资、金元顺安基金、华富 基金、东方阿尔法基金、泰信基金、浦银安盛基金、国联安基金、工银理财公司、 百嘉基金、华夏基金、兴银基金、银华基金、西部利德基金、安信国际、深圳前海 华杉投资、广州天盈资产、泽鑫毅德管理有限公司、君茂资本、中海基金管理有限 公司、益民基金管理有限公司、深圳市德远投资有限公司、德邦基金管理有限公司、 前海开源基金管理有限公司、上海厚山投资管理有限公司、光大保德信基金管理有 限公司、甬兴证券有限公司、中银国际证券股份有限公司、复星保德信人寿保险有 限公司等。 | --- | --- | |-------- ...

Financial Performance - In the first half of 2022, the company achieved revenue of 3.732 billion CNY, a decrease of 2.54% year-on-year; net profit was 267 million CNY, down 15.01% year-on-year; and non-recurring net profit was 214 million CNY, a decrease of 12.09% year-on-year. Excluding stock incentive expenses, non-recurring net profit increased by 2.54% compared to the same period last year [3] - In Q2 2022, the company reported revenue of 2.106 billion CNY, a year-on-year decrease of 14.5%; net profit was 172 million CNY, down 18.57% year-on-year; and non-recurring net profit was 137 million CNY, a decrease of 20.46% year-on-year. Excluding stock incentive expenses, non-recurring net profit declined by 10.46% year-on-year [4] - The company's main business segment, the decoration materials division, achieved revenue of 3.265 billion CNY in the first half of 2022, a decrease of 1.3% year-on-year; net profit was 271 million CNY, down 8.2% year-on-year; and non-recurring net profit was 229 million CNY, an increase of 1.1% year-on-year [5] Business Impact and Strategy - The company's engineering customization business, affected by real estate policy adjustments and macroeconomic conditions, reported revenue of 467 million CNY in the first half of 2022, a decrease of 10.6% year-on-year [4] - The company is focusing on expanding its retail and customization channels, with traditional retail distribution accounting for approximately 57%, decoration companies 11%, and engineering channels 4% [5] - The company plans to increase the number of stores and improve operational quality, with approximately 400 stores currently concentrated in the Jiangsu, Zhejiang, and Shanghai regions [6] Cost and Management - The increase in expense ratio in the first half of 2022 is primarily due to stock incentive expenses rising by 45.1 million CNY year-on-year, and the expansion of the number of subsidiaries from 9 to 16, leading to increased personnel costs [7] Market Outlook - The company anticipates a healthier and more rational development of the real estate market following the elimination of some enterprises during the deleveraging process, with a significant opportunity for leading real estate companies [8] - The top five revenue clients for the company in the first half of 2022 were Vanke, CIFI, Sunac, Zhongnan, and China Overseas [8]

证券代码：002043 证券简称：兔宝宝 德华兔宝宝装饰新材股份有限公司 投资者关系活动记录表 编号：2022-008 | --- | --- | |------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------| | | | | 投资者关系活动类别 | | | □特定对象调研 | □分析师会议 | | □媒体采访 | □业绩说明会 | | □新闻发布会 | □路演活动 | | □现场参观 ☑ | 电话交流会议 | | 参与单位名称 | 广发证券、国泰君安、西南证券、兴业证券、国信证券、东吴证券、民生证券、东 | | | 北证券、天风证券、西部证券、德邦证券、长江证券、国海证券、国盛证券、山东 驼铃私募基金管理有限公司、银华基金管理股份有限公司、富国基金管理有限公司、 | | 中国银河证券股份 ...

德华兔宝宝装饰新材股份有限公司 2022 年第三季度报告 1 证券代码：002043 证券简称：兔 宝 宝 公告编号：2022-040 德华兔宝宝装饰新材股份有限公司 2022 年第三季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、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.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，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。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报 告中财务信息的真实、准确、完整。 3.第三季度报告是否经过审计 □是 ☑否 德华兔宝宝装饰新材股份有限公司 2022 年第三季度报告 单位：元 一、主要财务数据 （一） 主要会计数据和财务指标 公司是否需追溯调整或重述以前年度会计数据 | --- | --- | --- | --- | --- | |------------------------------------------------------|------------------|------------------- ...