The secretary of the board of directors of Xinbao shares replied: The company's current export business is mainly based on ODM business, and domestic sales revenue accounts for about 60%-70% of independent brands, and ODM orders and others account for about 30%-40%.

On February 10, Xinbao (002705) answered the questions of investors' concerns on the investor relations platform.

Investor: Did the company's export foundry business get an order for Philips' air fryer? How big is the revenue of air fryers for Philips OEM in 21 years?

Secretary of the Board of Directors of Xinbao Shares: Hello, thank you for your attention to the company! The company does not cooperate with Philips air fryer project for the time being, thank you!

Investors: What is the proportion of offline sales revenue of Mofei in the brand's total sales revenue over the years?

Secretary of the Board of Directors of Xinbao Shares: Hello, thank you for your attention to the company! Morphy Richards (Mofei) domestic sales are mainly based on online sales, offline channels currently account for about 15%-20%, mainly concentrated in high-end department stores, boutique supermarkets, tide stores, etc., offline channel sales growth trend is good, while playing a good role in brand promotion. Thank you!

Investor: What is the annual revenue of the company's Mofei brand from 2015 to the present?

Secretary of the Board of Directors of Xinbao Shares: Hello, thank you for your attention to the company! The company's own brand Morphy Richards (Mofei) domestic sales revenue from 2019 to 2020 is about 650 million yuan and 1.5 billion yuan, respectively, and the domestic main business income in the first three quarters of 2021 is about 1.1 billion yuan, and the small volume before 2019 has not been detailed statistics and disclosure. Thank you!

Investor: What is the company's current overall OEM and ODM revenue share? What is the share of private label revenue in domestic sales revenue?

Secretary of the Board of Directors of Xinbao Shares: Hello, thank you for your attention to the company! At present, the company's export business is mainly based on ODM business, and domestic sales revenue accounts for about 60%-70% of independent brands, and ODM orders and others account for about 30%-40%. Thank you!

Xinbao shares 2021 third quarter report shows that the company's main revenue of 10.704 billion yuan, up 17.43% year-on-year; net profit attributable to the mother of 595 million yuan, down 34.63% year-on-year; deduction of non-net profit of 530 million yuan, down 36.56% year-on-year; of which in the third quarter of 2021, the company's single-quarter main revenue of 4.06 billion yuan, down 0.25% year-on-year; single-quarter net profit attributable to the mother of 281 million yuan, down 41.45% year-on-year In the single quarter, the non-net profit was 245 million yuan, down 39.33% year-on-year; the debt ratio was 49.39%, the investment income was 144 million yuan, the financial expense was 9.9955 million yuan, and the gross profit margin was 17.54%.

A total of 11 institutions have given ratings, 8 buy ratings and 3 overweight ratings in the last 90 days; the average target price of institutions in the past 90 days has been 30.02. In the past three months, the net inflow of financing was 52.7564 million, and the balance of financing increased; the net outflow of margin was 2.6668 million, and the balance of margin decreased. The Securities Star Valuation Analysis Tool shows that Xinbao Shares (002705) has a good company rating of 3.5 stars, a good price rating of 4 stars, and a comprehensive valuation rating of 4 stars. (Rating Range: 1 ~ 5 stars, maximum 5 stars)

The main business of Xinbao Co., Ltd.: engaged in design and development, production and sales of small household appliances

The chairman of the company is Guo Jiangang. Mr. Guo Jiangang: Born in 1966, Chinese nationality, no right of permanent residence abroad, outstanding private entrepreneur in Guangdong Province, member of the 11th CPPCC Committee of Shunde District, Foshan City, Guangdong Province. Mr. Guo Jiangang is the founder of the company, responsible for the company's major strategic decision-making work, and has rich experience in large-scale enterprise management, domestic and foreign marketing planning and business operation. He is currently the Chairman of the Board of Directors of the

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