海尔智家：海尔智家股份有限公司2023年年度报告（英文版）

CompanyCode：600690.SH,690D.DEShortName：HaierSmartHome HaierSmartHomeCo.,Ltd. 2023AnnualReport HaierSmartHomeCo.,Ltd.AnnualReport2023 ImportantNotice I.TheBoardofDirectors,theBoardofSupervisors,directors,supervisorsandseniormanagementofHaierSmartHomeCo.,Ltd.(‘theCompany’)herebyassurethatthecontentsetoutintheannualreportistrue,accurateandcomplete,andfreefromanyfalserecord,misleadingrepresentationormaterialomission,andareindividuallyandcollectivelyresponsibleforthecontentsetouttherein. II.AllDirectorsoftheCompanyhaveattendedtheboardmeetings. III.HexinCertifiedPublicAccountantsLimitedLLPhasissuedastandardandunqualifiedauditreportfortheCompany. IV.LiHuagang(legalrepresentativeoftheCompany),GongWei(chieffinancialofficeroftheCompany)andYingKe(thepersoninchargeofaccountingdepartment)herebycertifythatthefinancialreportsetoutintheannualreportistrue,accurateandcomplete. V.ProposalofprofitdistributionorproposalofcapitalizingcapitalreservesforthereportingperiodresolutedandadoptedbytheBoard ProposalofprofitdistributionforthereportingperiodareexaminedandreviewedbytheBoard:todeclareacashdividendofRMB8.04per10shares(taxinclusive)toallshareholdersbasedonthetotalnumberofsharesheldonrecorddateandafterdeductingtherepurchasedsharesfromtherepurchaseaccountupontheexecutionofdistributionproposal,withproposeddistributionamountingtoRMB7,471,472,992.22(taxinclusive).Theproportionofcashdistributionis45.02%ofthenetprofitattributabletoshareholderofparentcompanyoftheCompanyfortheyear.IfthereisanychangeinthetotalsharecapitaloftheCompanyduringtheperiodfromthedateofthisreporttotherecorddateoftheequitydistribution,thetotaldistributionamountwillberemainedunchangedwithcorrespondingadjustmenttotheproportionofdistributionpershare. VI.Disclaimerinrespectofforward-lookingstatements √Applicable□NotApplicable Forward-lookingstatementssuchasfutureplans,developmentstrategiesassetoutinthisreportdonotconstitutetheCompany’ssubstantialcommitmenttoinvestors.Investorsareadvisedtopayattentiontoinvestmentrisks. VII.Isthereanyfundoccupationbycontrollingshareholdersandotherrelatedpartiesfornon-operationalpurposes? No VIII.Isthereanyprovisionofexternalguaranteeinviolationoftheprescribeddecision-makingprocedures? No HaierSmartHomeCo.,Ltd.AnnualReport20231 ImportantNotice IX.AretheremorethanhalfoftheDirectorswhoareunabletoguaranteethetruthfulness,accuracyandcompletenessoftheannualreportdisclosedbytheCompany? No X.ImportantRiskWarnings ForthepossibleriskswhichtheCompanymayencounter,pleaserefertotherelevantinformationsetoutinthesectionof‘MANAGEMENTDISCUSSIONANDANALYSIS’inthisreport. XI.Others □Applicable√NotApplicable 2HaierSmartHomeCo.,Ltd.AnnualReport2023 Contents LETTERTOSHAREHOLDERS4 SECTIONISECTIONIISECTIONIIISECTIONIVSECTIONVSECTIONVISECTIONVIISECTIONVIIISECTIONIXSECTIONX DEFINITIONS GENERALINFORMATIONOFTHECOMPANYANDKEYFINANCIALINDICATORSMANAGEMENTDISCUSSIONANDANALYSIS CORPORATEGOVERNANCE ENVIRONMENTALANDSOCIALRESPONSIBILITIESSIGNIFICANTEVENTS CHANGESINSHARESANDINFORMATIONABOUTSHAREHOLDERS RELEVANTINFORMATIONOFPREFERENCESHARESRELEVANTINFORMATIONOFBONDS FINANCIALREPORT 7 9 16 63 100 113 130 143 144 145 DOCUMENTSAVAILABLEFORINSPECTION (I)Financialstatementswithsignaturesandsealsofthelegalrepresentative,chiefaccountantandpersoninchargeofaccountingdepartment.(II)Originalauditreportwithsealsofaccountingfirm,signaturesandsealsofregisteredaccountants.(III)OriginalsofalldocumentsandannouncementsoftheCompanywhichhavebeenpubliclydisclosedonthenewspaperdesignatedbyChinaSecuritiesRegulatoryCommissionduringthereportingperiod. HaierSmartHomeCo.,Ltd.AnnualReport20233 Lettertoshareholders Thepandemicmightseemtobeathingofthepast;howeverslowdowninthepropertysectortookitstollondemandforappliancesinChinathroughoutlastyear.HighinterestrateandinflationweighedonsentimentaswellasresidentialconstructionandremodellingactivityintheUSandEurope,resultinginmoreconsumerspostponingpurchasesofappliances.HaierSmartHomemaderesoluteefforttoimplementpremiumbrandstrategyandaccelerateddigitaltransformationtodeliveranotheryearofunprecedentedperformanceamidthesechallenges. In2023,HaierSmartHomeachievedaglobalrevenueofRMB261.428billion,markingayear-on-yeargrowthof7.3%.Ournetprofitattributabletoshareholdersgrew12.8%toRMB16.597billion;thenetprofitattributabletoshareholdersdeductingnon-recurringitemsunderPRCGAAPamountedtoRMB15.824billion,agrowthof13.3%year-on-year. Throughtheyear,ourentiremanagementhonouredtheirfaithinthefoundingprincipleof“RenDanHeYi”(人單合一),astheywentaboveandbeyondtoachievequalitygrowthwithinnovativeproductdespitemacrochallenges.Ontheotherhand,ourorganizationhasbecomeleaner,moreagile,andmoreefficientwithgrowthinsalesrevenueandprofitability.Themanagementalsobecamemoreawareofwhatpaveswaystowardsprofitablegrowthandgreaterreturnoninvestmentsisuser-centricandprofit-drivendigitalization. HaierSmartHomeprovidesover100millionunitsofhomeappliancesinmorethantwohundredcountriesandregionsin2023includingmajorappliances,HVACproducts,waterheaters,andsmallappliances.Ratherthanchasingshort-termgains