证券代码：002803 证券简称：吉宏股份 公告编号：2025-026 厦门吉宏科技股份有限公司 2024 年年度股东大会决议公告 本公司及全体董事保证本公告内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 特别提示 1、本次股东大会未出现否决议案的情形； 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 3、会议召开方式 本次股东大会采取现场投票与网络投票相结合的方式。 （1）现场会议时间：2025年4月25日（星期五）下午14:30，会期半天。 （2）网络投票时间：2025年4月25日。其中，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：2025年4月25日9:15-9:25，9:30-11:30和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：2025年4月25日上午9:15 至下午15:00。 2、现场会议召开地点 福建省厦门市思明区湖滨南路55号禹洲广场38楼。 4、会议召集人：公司第五届董事会。 5、会议主持人：董事长王亚朋先生。 6、本次会议通知及相关文件分别于 2025 年 4 月 2 日刊登在《证券时报》《证 券 ...

北京市康达律师事务所 关于厦门吉宏科技股份有限公司 2024 年年度股东大会的法律意见书 康达股会字[2025]第 0106 号 致：厦门吉宏科技股份有限公司 北京市朝阳区建外大街丁 12 号英皇集团中心 8、9、11 层 8/9/11/F, Emperor Group Centre, No.12D, Jianwai Avenue, Chaoyang District, Beijing, 100022, P.R. China 电话/Tel.: 010-50867666 传真/Fax: 010-56916450 网址/Website: www.kangdalawyers.com 北京西安 深圳 海口 上海 广州 杭州 沈阳 南京 天津 菏泽 成都 苏州 呼和浩特 香港 武汉 郑州 长沙 厦门 重庆 合肥 宁波 济南 昆明 南昌 北京市康达律师事务所（以下简称"本所"）接受厦门吉宏科技股份有限公 司（以下简称"公司"）的委托，指派本所律师以现场方式参加公司 2024 年年 度股东大会（以下简称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下简称"《公司法》"）、《中 华人民共和国证券法》（以下简称"《 ...

Investment Rating - The report maintains a "Buy" rating for the company, consistent with the previous rating [4]. Core Insights - The company's cross-border e-commerce business is expected to rebound, leading to significant growth in 2025. The total revenue for 2024 is projected at 5.529 billion yuan, a decrease of 17.41% year-on-year, while the net profit attributable to shareholders is expected to be 182 million yuan, down 47.28% year-on-year. However, the first quarter of 2025 shows promising growth with a revenue of 1.477 billion yuan, up 11.55% year-on-year, and a net profit of 59.16 million yuan, up 38.21% year-on-year [1][2][3]. Summary by Sections Financial Performance - In 2024, the company achieved a total revenue of 5.529 billion yuan, a decline of 17.41% compared to the previous year. The net profit attributable to shareholders was 182 million yuan, reflecting a significant drop of 47.28%. The packaging business generated 2.010 billion yuan in revenue, maintaining stability. For Q1 2025, revenue reached 1.477 billion yuan, marking an 11.55% increase year-on-year, with net profit at 59.16 million yuan, a 38.21% increase [1][3]. Market Opportunity - The Southeast Asian e-commerce market is poised for explosive growth, with a market size of 234 billion USD and a compound annual growth rate of 22%. The demographic trend shows that over 50% of the population in key Southeast Asian countries is under 35 years old, driving demand for quality and cost-effective products. The company derives 70% of its e-commerce revenue from Southeast Asia and Northeast Asia, positioning it favorably in a growing market [2]. AI Integration - The company has been enhancing its data analysis and AI capabilities since establishing its cross-border social e-commerce business in 2017. This focus on AI is expected to create a competitive edge through improved operational efficiency and a robust data-driven decision-making process, which will support the growth of its cross-border e-commerce operations [3]. Profit Forecast - Revenue projections for 2025-2027 are 6.650 billion yuan, 7.681 billion yuan, and 8.906 billion yuan, respectively. The net profit attributable to shareholders is expected to be 301 million yuan in 2025, 396 million yuan in 2026, and 486 million yuan in 2027, indicating a positive growth trajectory [3].

Investment Rating - The report maintains a "Buy" rating for the company, indicating an expected stock price increase of over 15% relative to the industry index within the next six months [4][17]. Core Insights - The company's performance in 2024 faced challenges, with a revenue of 5.529 billion yuan, a year-on-year decrease of 17.41%, and a net profit of 182 million yuan, down 47.28% [2][4]. - In contrast, the first quarter of 2025 showed promising results, with a revenue of 1.477 billion yuan, a year-on-year increase of 11.55%, and a net profit of 59 million yuan, up 38.21%, primarily driven by the growth in cross-border e-commerce [2][3]. - The company is focusing on a long-term development strategy that includes AI-driven optimization of cross-border e-commerce, strengthening its own brand, and expanding its packaging business internationally [3][8]. Financial Summary - The company's projected financials indicate a recovery trend, with expected revenues of 6.343 billion yuan in 2025, 7.218 billion yuan in 2026, and 8.202 billion yuan in 2027, reflecting growth rates of 14.7%, 13.8%, and 13.6% respectively [1][9]. - The net profit is projected to increase to 241 million yuan in 2025, 301 million yuan in 2026, and 368 million yuan in 2027, with corresponding growth rates of 32.6%, 24.7%, and 22.3% [1][9]. - The report highlights the company's return on equity (ROE) improving from 8.4% in 2024 to 12.1% in 2027, indicating enhanced profitability [1][9].

Investment Rating - The report maintains a "Buy" rating for the company, expecting the stock price to outperform the industry index by more than 15% in the next six months [4][18]. Core Views - The company faced pressure on its performance in 2024, with revenue and net profit declining by 17.41% and 47.28% year-on-year, respectively, primarily due to economic conditions, inflation, and competitive market dynamics [2][9]. - However, the first quarter of 2025 showed a strong recovery, with revenue increasing by 11.55% and net profit rising by 38.21% year-on-year, driven by growth in cross-border e-commerce [2][3]. - The long-term development strategy focuses on AI-driven optimization of cross-border e-commerce, strengthening proprietary brand development, and expanding packaging business overseas [3][8]. Financial Summary - For 2024, the company reported revenue of 55.29 billion yuan and a net profit of 1.82 billion yuan [2]. - The projected financials for 2025 to 2027 indicate a recovery in revenue and profit, with expected net profits of 2.41 billion yuan, 3.01 billion yuan, and 3.68 billion yuan, respectively [9]. - The company's earnings per share (EPS) are projected to increase from 0.63 yuan in 2025 to 0.96 yuan in 2027 [9]. Strategic Initiatives - The company plans to enhance its AI capabilities to optimize the entire supply chain and improve operational efficiency [8]. - It aims to build proprietary brands to increase market competitiveness, with existing brands including SENADA BIKES and Veimia [8]. - A strategic partnership has been established for packaging business expansion in the Middle East and Africa, focusing on various packaging products [9].

Core Insights - As of April 18, 2025, Jihong Co., Ltd. (002803) closed at 13.36 yuan, marking a 5.7% increase with a turnover rate of 11.46% and a trading volume of 331,000 lots, amounting to 440 million yuan [1] - The company reported a total revenue of 1.477 billion yuan for Q1 2025, reflecting a year-on-year growth of 11.55%, while net profit attributable to shareholders reached 59.16 million yuan, up 38.21% year-on-year [1] - The company has a current ratio of 1.858, a quick ratio of 1.456, and a debt-to-asset ratio of 35.41% [1] Financial Performance - Total revenue for Q1 2025: 1.477 billion yuan, up 11.55% year-on-year [1] - Net profit for Q1 2025: 59.16 million yuan, up 38.21% year-on-year [1] - Non-recurring net profit: 57.77 million yuan, up 51.04% year-on-year [1] Capital Flow - Main capital inflow for the day was 33.86 million yuan, accounting for 7.69% of the total trading volume [1] - Large orders contributed a net inflow of 19.05 million yuan, representing 4.33% of the total trading volume [1] - Small orders experienced a net outflow of 22.06 million yuan, which is 5.01% of the total trading volume [1] Company Background - Jihong Co., Ltd. was established in 2003 and is located in Xiamen, primarily engaged in software and information technology services [2] - The company has invested in 31 enterprises and participated in 16 bidding projects [2] - It holds 161 trademark registrations and 71 patents, along with 25 administrative licenses [2]

Core Viewpoint - Jihong Co., Ltd. has demonstrated significant growth in Q1 2025, with a notable increase in net profit, showcasing its enhanced market competitiveness driven by AI and strong performance in the Asian market [1] Financial Performance - In Q1 2025, Jihong Co., Ltd. achieved operating revenue of 1.477 billion yuan, representing a year-on-year increase of 11.55% - The net profit attributable to shareholders reached 59.16 million yuan, up 38.21% year-on-year, with a 51.04% increase when excluding non-recurring gains and losses [1] Market Strategy - The company's cross-border e-commerce business primarily targets Southeast Asia, Northeast Asia, and the Middle East, with only 1.2 million yuan in sales from the U.S., accounting for just 2.17% of total revenue [2] - Jihong Co., Ltd. has no U.S. business in its packaging segment, effectively mitigating the impact of U.S. tariff policies [2] Regional Expansion - The company is deepening its business presence in the Asian market, particularly in the Middle East, with plans to establish packaging production bases and trade platforms in Ras Al Khaimah, UAE, and Salalah, Oman [3] - This strategic expansion aims to reduce future tariff uncertainties and lay a solid foundation for long-term growth in the Middle East and Africa [3] Technological Empowerment - Jihong Co., Ltd. has leveraged its years of experience in cross-border e-commerce, utilizing an AI-enabled "goods find people" model to secure a leading position in Asia [4] - The integration of the self-developed Giikin system with large models has created a complete technological loop, significantly shortening product selection cycles and improving the accuracy of hit product predictions [4] - The company plans to continue its internationalization strategy, enhance investment in technology research and market promotion, and focus on meeting global customer needs while creating greater value for shareholders [4]

证券代码：002803 证券简称：吉宏股份 公告编号：2025-024 厦门吉宏科技股份有限公司 第五届监事会第二十一次会议决议公告 本公司及全体监事保证本公告内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 厦门吉宏科技股份有限公司（以下简称"公司"）第五届监事会第二十一次 会议于 2025 年 4 月 14 日以书面、电话、电子邮件等形式发出通知，并于 2025 年 4 月 17 日在公司会议室以现场方式召开。会议由白雪婷女士主持，会议应到 监事 3 名，实到监事 3 名，会议的召集、召开和表决程序符合《中华人民共和国 公司法》及公司章程有关规定。与会监事经过认真讨论，形成如下决议： 经审核，监事会认为董事会编制和审核厦门吉宏科技股份有限公司 2025 年第 一季度报告的程序符合法律、行政法规、中国证监会和深圳证券交易所的规定， 报告内容真实、准确、完整地反映公司的实际情况，不存在任何虚假记载、误导 性陈述或者重大遗漏。 表决结果：3 票同意、0 票反对、0 票弃权。 公司《2025 年第一季度报告》全文详见《证券时报》《证券日报》《中国证券 报》《上海证券报》和巨潮资讯网（www.cnin ...

证券代码：002803 证券简称：吉宏股份 公告编号：2025-023 厦门吉宏科技股份有限公司 第五届董事会第二十七次会议决议公告 本公司及全体董事保证本公告内容真实、准确和完整，没有虚假记载、误导 性陈述或者重大遗漏。 审议并通过《关于公司 2025 年第一季度报告的议案》 公司《2025 年第一季度报告》全文详见《证券时报》《证券日报》《中国证 券报》《上海证券报》和巨潮资讯网（www.cninfo.com.cn）。 表决结果：11 票同意、0 票反对、0 票弃权。 特此公告。 厦门吉宏科技股份有限公司 董 事 会 2025 年 4 月 18 日 厦门吉宏科技股份有限公司（以下简称"公司"）第五届董事会第二十七次 会议于 2025 年 4 月 14 日以书面、电话、电子邮件等形式发出通知，并于 2025 年 4 月 17 日在公司会议室以现场结合通讯方式召开。本次会议由董事长王亚朋 先生主持，会议应到董事 11 名，实到董事 11 名，公司监事、高级管理人员列席 了会议。本次会议的召开符合《中华人民共和国公司法》及《公司章程》的有关 规定。 经与会董事审议表决，通过如下议案： ...

Financial Performance - The company's revenue for Q1 2025 was CNY 1,477,490,718.88, representing an increase of 11.55% compared to CNY 1,324,458,336.45 in the same period last year[5] - Net profit attributable to shareholders was CNY 59,159,932.99, up 38.21% from CNY 42,805,333.83 year-on-year[5] - Basic and diluted earnings per share rose to CNY 0.16, a 45.45% increase from CNY 0.11 in the previous year[5] - Operating profit for the current period was ¥70,985,713.38, up 43.2% from ¥49,619,361.80 in the previous period[21] - Net profit for the current period was ¥62,469,209.23, representing a 57.9% increase from ¥39,545,790.56 in the previous period[21] - The total comprehensive income for the period attributable to the parent company was CNY 59,080,771.87, compared to CNY 42,892,347.07 in the previous period, representing an increase of approximately 37.6%[22] Cash Flow - The net cash flow from operating activities increased by 143.09%, reaching CNY 67,955,719.06, compared to a negative cash flow of CNY 157,714,828.08 in the previous year[5] - Cash received from operating activities increased by 11.84%, driven by higher sales receipts from the cross-border e-commerce business[11] - The company experienced a 101.64% increase in net cash and cash equivalents, influenced by the rise in operating cash flow and changes in financing activities[12] - The net cash flow from operating activities was CNY 67,955,719.06, a significant improvement from a negative CNY 157,714,828.08 in the previous period[24] - The company’s cash outflow for financing activities was CNY 83,777,497.71, a decrease from CNY 203,413,068.88 in the previous period, showing improved cash management[24] Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,508,818,628.11, a slight increase of 0.16% from CNY 3,503,096,124.49 at the end of the previous year[5] - Current liabilities decreased to ¥1,059,153,420.82 from ¥1,084,388,715.47, a reduction of 2.3%[19] - Total liabilities decreased to ¥1,242,327,703.37 from ¥1,294,580,717.20, a decline of 4.0%[19] - Cash and cash equivalents increased to ¥785,508,930.07 from ¥763,530,996.10, a growth of 2.0%[18] - Accounts receivable decreased to ¥521,702,486.43 from ¥550,132,776.90, a decline of 5.2%[18] - Inventory decreased to ¥426,046,813.58 from ¥447,888,576.49, a reduction of 4.7%[18] Shareholder Information - The total number of common shareholders at the end of the reporting period is 33,102[14] - The largest shareholder, Zhuang Hao, holds 18.09% of shares, totaling 69,623,082 shares, with 29,950,000 shares pledged[14] - The second-largest shareholder, Hong Kong Central Clearing Limited, holds 10.04% of shares, totaling 38,628,170 shares[14] - The company reported a total of 6,559,900 shares held in a repurchase account, representing 1.70% of total shares[14] Strategic Initiatives - The company has initiated a share repurchase program, with progress updates announced on multiple dates in 2025[16] - The company is planning to establish an overseas joint venture and invest in a production base and trading platform, with announcements made in December 2024 and February 2025[16] - The company is in the process of issuing H shares, with several announcements regarding the application and approval by the China Securities Regulatory Commission[16] - The company is expected to provide guarantees for financing and performance for its controlling subsidiaries in 2025[16] ESG and Governance - The company has released its 2024 ESG report, highlighting its commitment to environmental, social, and governance practices[16] - The company has appointed an accounting firm for continued services, with the announcement made in April 2025[16] Investment Activities - The company reported a 91.26% decrease in investment income, attributed to reduced equity method investment income from joint ventures[10] - The net cash flow from investing activities was negative CNY 78,101,408.77, worsening from negative CNY 32,878,189.39 in the previous period[24] - The total cash inflow from investment activities was CNY 201,240,373.42, down from CNY 600,869,022.07, indicating a strategic shift in investment focus[24] - The company received CNY 1,462,500.00 from minority shareholders as part of investment inflow, indicating ongoing support for growth initiatives[24]