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Our reporter Xue Yaping.

On March 25th, Bunny (002043) announced the recent investor relations activities, and nearly 50 investment institutions participated in the telephone exchange meeting within two days.

Ding Tao, Secretary of the Board of Directors, introduced the company's operation in 2020. On February 23rd, 20021year, the company released "Bunny 2020 Annual Performance Express". During the reporting period, the company achieved revenue of 6.464 billion yuan in 2020, a year-on-year increase of 39.55%, and a net profit of 405 million yuan, a year-on-year increase of 2.65%. The net profit after non-deduction was 4,654,388+0.9 million yuan, a year-on-year increase of 47.25%; Excluding the impact of changes in the fair value of natural attribution, the company's net profit was 498 million yuan, a year-on-year increase of 32.53%.

The operating income of Bunny Head Office (excluding the consolidated statement of Qingdao Yufeng) was 5.023 billion, up 8.44% year-on-year, and the net profit was 3180,000, down 65.438+09.35% year-on-year, mainly affected by the share price of Nature Home. After elimination, the company's net profit was 465.438+065.438+0 billion, a year-on-year increase of 9.45%. In the fourth quarter, the company achieved operating income of 2.624 billion, up 84.38% year-on-year, and non-net profit increased by 65,438+078.25% year-on-year. The operating income of Bunny headquarters was 65.438+78.9 billion, up by 25.765.438+0% year-on-year, and the non-net profit was up by 65.7% year-on-year.

Easy to wear is an important strategy for bunny to transform from decorative materials to customized products. After several years of exploration and attempts, the easy-to-wear model has gradually matured, and the company will help the rapid development of easy-to-wear business through the branch operation model. By the end of 2020, the company had 632 easy-to-install stores (including community stores) and added 362 new easy-to-install stores. In 2020, the company adjusted the merchants of easy-to-install dealers, from traditional plate dealers to customized industry dealers, and achieved ideal results. In 20021year, the company set the goal of adding 1000 easy-to-install stores, and the construction of easy-to-install channels entered a stage of rapid development. There are ***53 easy-to-install cabinet processing centers, including 0/2 benchmarking centers and 0/8 door panel factories in 2020. In 2026, 5438+0, on the basis of the original plate, metal edge sealing and other accessories sales, launched the door-shaped line products. At the same time, the company's information system is gradually introduced into processing centers and stores, and the company's control over store orders and production ends is further enhanced.

Bunny will vigorously promote the easy-to-install mode in 2020, and gradually show results at both ends of stores and processing centers, which proves that the easy-to-install mode has been recognized by the market and has a good development prospect under the trend of customized production of plate products in factories. When easy dressing becomes large-scale, we will build a platform for easy dressing. By integrating supply chain resources, materials such as plates, door panels and hardware are collected in a centralized way to reduce the purchase price, and the profits are shared by dealers, processing centers and companies to form a win-win situation. What the company values is the scale effect of easy-to-install, and the profitability of the model has not been fully released. At present, the company's profit mainly lies in the use fee of easy-to-install brands (100 yuan/1 set of cabinets) and the incremental profit brought by the wrapping of plates and hardware. On the basis of strong control in the later period, the company can change from Class B to Class A to increase revenue and profits.

For Qingdao Yufeng Hantang Company, which has a high degree of institutional attention, the company introduced that Yufeng Hantang's revenue in 2020 was 144 1 100 million yuan, a year-on-year increase of 45.56%; The annual net profit was 65.438+0.24 billion yuan, a year-on-year increase of 56.85%. Up to now, the cooperative real estate group has 39 strategic customers, including 16 top 30 real estate enterprises. While optimizing and adjusting the customer structure, the company keeps expanding new customers. With the appearance of scale effect and the further expansion of Dexing's supporting capacity and categories, Yufeng Hantang will continue to maintain steady growth in 20021under the current trend of hardcover houses.

According to the calculation of relevant institutions, the scale of retail decorative boards in China is about 654.38+000 billion yuan, and the market is still highly dispersed. According to the company's revenue in 2020 (A+B conversion) is 6.4 billion yuan, and the corresponding market share is about 7%. In 20021year, the company will continue to take channel sinking+intensive layout as the main strategy in core and key markets, vigorously develop blank markets in peripheral markets, strive to achieve full coverage of areas suitable for building specialty stores within three years, implement the operation mechanism of branches, develop diversified channels and steadily increase the market share of plate business.

Regarding the promotion progress of decorative materials in the small B business, the company said that in 2020, decorative materials sales companies will sign 450 home improvement companies, furniture factories 199 1 home and 227 engineering distributors.

Present at the conference call were Apollo Capital Investment Management Co., Ltd., LyGH Capital Pte Ltd Capital, Wanjia Fund, Wanlian Securities Self-operated, Shanghai Turing Assets, Shanghai Pan Jing Investment, Shanghai Ling Ze Investment, Oriental Alpha Fund, donghai securities Self-operated, CITIC Construction Investment Fund, China Shipping Fund, China Post Fund, Bank of China Fund, Jiutai Fund, Agricultural Bank of China Huili, Jin Chuang He Xin, Thousand Joint Venture Capital, Huaxin Securities, Hua 'an Fund, He Zhong Asset Management, Guo Xin Asset Management, China Life Insurance, China Life Insurance, Guotai Investment Trust, Guohai Franklin, Renren Asset, Pacific Asset, Fudun Investment, General (Shanghai) Investment, Huili Fund, China Merchants, Xinhua Fund Management Co., Ltd., Wuhan Tingtao Investment and Haitun Investment. Hua Fu, Taixin, Taiping Assets, Puyin, China Post, Zhikai Investment, Rongtong Fund, Galaxy Fund, Great Wall, Nord Fund, cathay pacific fund, Qianhai United, Shanshi Fund, ICBC AXA, Guo Xin Self-operated, Zhengdong Self-operated and Oriental Alpha.

On March 24th, Bunny appeared in China International Floor Materials and Paving Technology Exhibition (Shanghai International Floor Materials Exhibition) with new products, and was awarded "Leading Enterprise of Healthy Floor" by the Solid Wood Floor Alliance of China Forest Products Industry Association, which showed the powerful strength and influence of Bunny's floor.

202 1 China DOMOTEX asia/CHINAFLOOR, as an annual important floor event in the Asia-Pacific region, not only focuses on dealers, construction contractors, designers, traders and global buyers in the whole industry chain, but also is an ideal business platform to keep up with industry trends, understand industry trends and establish brand image.

As a frequent visitor to the international exhibition of ground materials, Bunny has been on the world stage for the fifth time. Bunny One exhibited 1 12 brand-new floor products, which enhanced the aesthetics on the basis of environmental protection and attracted many audiences. From 2020, Bunny flooring products will be upgraded to E0 level or even formaldehyde-free, using plant gum substrate independently developed by Bunny. Bring you a healthier and more environmentally friendly home life.

Most notably, the solid wood composite floor exhibited this time adopts metallic paint technology, which has the characteristics of ultraviolet resistance, corrosion resistance, bright colors, environmental protection and wear resistance. Chaoneng Wang product is a new technology that uses imported paper instead of wood skin, which has the advantages of wear resistance, many colors and clear texture. These products have undoubtedly attracted the attention and appreciation of many audiences.

In order to let more consumers see the new floor products, Mr. Du Rong, the general manager of Dehua Bunny Floor Company, took everyone to visit the exhibition by recording videos. This mode of "Yun Guan Exhibition" has broken through the limitation of time and space, and used Internet technology to record the highlights of the exhibition, so that all rabbit fans can feast their eyes.

At the scene, Shen Yiqiang, general manager of Dehua Bunny Home Furnishing Company, said that Bunny Floor, as an important member of Bunny Home Furnishing, plays a vital role in the development of the enterprise. After 10 years' efforts, Bunny floor has become the spokesman of environmental protection floor in people's minds.

For Bunny, Shanghai International Ground Materials Exhibition is not only a platform to show the strength of enterprises, but also an internal self-improvement. Only by keeping pace with the times, pioneering and constantly upgrading can we bring better environmental protection decoration solutions to our customers.