Financial Performance - The company's revenue for the year ended December 31, 2024, was RMB 128,552,000, an increase of 13.1% compared to RMB 113,673,000 in 2023[4] - The gross profit decreased to RMB 21,041,000, down 31.7% from RMB 30,795,000 in the previous year[4] - The operating loss for the year was RMB 7,910,000, compared to an operating profit of RMB 35,927,000 in 2023[4] - The net profit attributable to the owners of the company was RMB 27,379,000, a decrease of 9.0% from RMB 30,031,000 in the prior year[5] - The group reported a pre-tax loss of RMB 1,466,000 in 2024, compared to a pre-tax profit of RMB 1,580,000 in 2023[21] - Other income and net gains shifted from approximately RMB 5.0 million in 2023 to about RMB 0.8 million in 2024, primarily due to a fair value loss on financial assets[42] - The profit attributable to the company's owners for the year ended December 31, 2024, was approximately RMB 26.9 million, down from RMB 30.5 million in 2023[44] Assets and Liabilities - The total assets as of December 31, 2024, were RMB 268,246,000, slightly up from RMB 265,434,000 in 2023[6] - The company's total liabilities decreased to RMB 89,155,000 from RMB 113,242,000 in the previous year, representing a reduction of 21.2%[7] - Trade receivables decreased to RMB 71,205,000 from RMB 83,270,000, with expected credit loss provisions increasing to RMB 15,543,000 from RMB 13,116,000[28] - Trade payables increased to RMB 39,812,000 from RMB 30,447,000, with a significant rise in payables due within 90 days[29] - The total amount of supplier financing arrangements was approximately RMB 2,200,000 as of December 31, 2024[29] Cash Flow and Investments - The cash and bank balances increased significantly to RMB 49,419,000 from RMB 26,043,000, marking an increase of 90.0%[6] - The company has made significant investments in non-current assets, with property, plant, and equipment rising to RMB 67,844,000 from RMB 19,010,000[6] - As of December 31, 2024, the group holds approximately 8.0 million shares (about 1.9%) in China Investment Group, 5.8 million shares (about 1.7%) in Haowen Holdings, 6.4 million shares (about 2.1%) in Wanmin Holdings, 22.8 million shares (about 2.6%) in Fuyu Holdings, 11.0 million shares (about 4.8%) in Longcheng Financial, and 4.5 million shares (about 1.8%) in Taijin Holdings[52] - The fair value of investments as of December 31, 2024, includes China Investment Group with a profit of RMB 1,900,000, Haowen with a profit of RMB 2,461,000, Wanmin with a profit of RMB 1,143,000, Fuyu with a loss of RMB 1,462,000, Longcheng Financial with a loss of RMB 1,098,000, and Taijin with a loss of RMB 635,000[54] Revenue Breakdown - The group's revenue from non-woven products for automotive interior parts was RMB 128,552,000 in 2024, an increase of 13.1% from RMB 113,673,000 in 2023[19] - Sales of automotive carpets accounted for RMB 86,262,000 in 2024, a decrease of 2.8% from RMB 88,766,000 in 2023[19] - Revenue from other automotive accessories increased significantly to RMB 42,290,000 in 2024, up 69.6% from RMB 24,907,000 in 2023[19] - The total cost of goods sold for the year was RMB 107,511,000, up from RMB 82,878,000 in 2023, indicating a rise of 29.7%[21] Corporate Governance - The company has adopted a code of conduct for directors regarding securities trading, ensuring compliance with the standards set forth in the listing rules[61] - The company has maintained high levels of corporate governance to protect shareholders' interests, adhering to the principles and provisions of the corporate governance code[62] - Following the appointment of Mr. Yuan Weiqiang as an independent non-executive director and chairman of the audit committee, the company has complied with the relevant listing rules[65] Future Outlook - The board anticipates challenges in 2025 for the non-woven fabric manufacturing and sales business due to rising production costs[45] - The company plans to upgrade production lines and install new machinery to meet evolving customer demands for high-end products[47] - The company aims to diversify its business by seeking potential investment opportunities for expansion[48] Miscellaneous - The company sold its entire stake in Loyal Brands Group for HKD 1,000,000 (approximately RMB 916,000) on March 14, 2024, recognizing this in the financial statements[33] - The company has completed the review of the audited consolidated financial statements for the year ending December 31, 2024[69] - The audit committee has discussed financial reporting matters and reviewed the accounting principles adopted by the group[69] - There have been no significant events occurring after the end of the reporting period up to the date of this announcement[67] - The audited consolidated financial statements will be sent to shareholders and published on the stock exchange and the company's websites[69]

MOTIVE China Automotive Interior Decoration Holdings Limited 中國汽車內飾集團有限公司 (Incorporated in the Cayman Islands with Iimited liability) (於開曼群島註冊成立的有限公司) 股份代號 Stock code: 0048 Interim Report 中期報告 2024 中國汽車內飾集團有限公司 INTERIM RESULTS 中期業績 The board (the "Board") of directors (the "Directors") of China Automotive Interior Decoration Holdings Limited (the "Company") is pleased to announce the following unaudited condensed consolidated interim results of the Company and its subsidiaries (the "Group") for the six mont ...

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 49,456,000, a decrease of 17.2% compared to RMB 59,742,000 for the same period in 2023[4] - Gross profit for the period was RMB 8,264,000, down 40.1% from RMB 13,884,000 in the previous year[4] - Loss for the period attributable to the owners of the Company was RMB 16,024,000, compared to a loss of RMB 1,125,000 in the same period last year[5] - The company reported a net loss of RMB 16,024,000 for the six months ended June 30, 2024, compared to a loss of RMB 1,125,000 for the same period in 2023, indicating a significant increase in losses[8] - Basic and diluted loss per share was 9.15 cents, compared to 0.64 cents in the same period last year[5] - The group reported a net loss of RMB 12,745,000 for the six months ended June 30, 2024, compared to a loss of RMB 575,000 in the same period of 2023[14] - The group reported a loss before tax of RMB 16,003,000 for the six months ended June 30, 2024, compared to a loss of RMB 1,101,000 in the same period of 2023[18] Assets and Liabilities - Total assets decreased to RMB 249,869,000 as of June 30, 2024, from RMB 265,434,000 at the end of 2023, reflecting a decline of 5.9%[6] - Total liabilities decreased to RMB 106,755,000 as of June 30, 2024, from RMB 113,242,000 as of December 31, 2023, representing a reduction of approximately 5.3%[7] - Total equity attributable to the owners of the Company decreased to RMB 143,114,000 from RMB 152,192,000, a reduction of 5.9%[6] - The company’s net current assets decreased to RMB 54,983,000 as of June 30, 2024, from RMB 61,605,000 as of December 31, 2023, a decline of about 10.7%[7] - Trade and bills receivables dropped significantly to RMB 45,054,000 from RMB 73,310,000, a decrease of 38.6%[6] - Trade payables decreased to RMB 26,107,000 as of June 30, 2024, from RMB 30,447,000 as of December 31, 2023, representing a decline of approximately 14.5%[7] Cash Flow and Liquidity - Cash and bank balances increased to RMB 27,728,000 from RMB 26,043,000, showing a growth of 6.5%[6] - Cash and cash equivalents at the end of the period increased to RMB 27,728,000 from RMB 15,104,000 year-over-year, reflecting a growth of approximately 83.8%[10] - Net cash used in operating activities improved to RMB (3,443,000) for the six months ended June 30, 2024, compared to RMB (9,393,000) in the same period of 2023, showing a reduction in cash outflow[10] - The Group's liquidity ratio was 1.52 as of June 30, 2024, slightly down from 1.56 on December 31, 2023, while the gearing ratio remained stable at 0.43[71] Segment Performance - Revenue from nonwoven fabric products used in automotive interior decoration decreased to RMB 49,456,000 for the six months ended June 30, 2024, down 17.2% from RMB 59,742,000 in the same period of 2023[12] - Segment revenue from supply and procurement operations for the six months ended June 30, 2024, was RMB 49,456,000, compared to RMB 59,742,000 in 2023, representing a decrease of approximately 17.2%[18] - The segment results for the supply and procurement operations showed a loss of RMB 39,000 for the first half of 2024, an improvement from a loss of RMB 166,000 in the same period of 2023[18] Expenses and Costs - The cost of inventories recognized as cost of sales was RMB 9,199,000 for the six months ended June 30, 2024, compared to RMB 19,295,000 in 2023, reflecting a decrease of about 52.3%[25] - Administrative expenses increased by approximately RMB0.8 million from approximately RMB7.9 million to approximately RMB8.7 million for the six months ended 30 June 2024[58][62] - Unallocated corporate expenses increased to RMB (17,239,000) in the first half of 2024 from RMB (8,275,000) in 2023, indicating a significant rise in corporate costs[18] Investments and Share Options - As of June 30, 2024, the Group held significant investments in various companies, including approximately 8.0 million shares (1.9%) of China Investment and Finance Group Limited[65][67] - The fair value loss for significant investments was RMB5.774 million for China Investment and Finance Group Limited for the six months ended June 30, 2024[67] - A total of 15,030,000 outstanding share options lapsed during the period[77] - The total number of shares available for issuance upon exercise of all options to be granted under the scheme was 17,511,510 shares, which is 10% of the issued share capital of the Company[76] Corporate Governance and Compliance - The Company has complied with the corporate governance code, with a deviation regarding the roles of Chairman and CEO deemed appropriate for efficiency[88] - The Company has adopted a code of conduct for securities trading by Directors, confirming compliance by all Directors for the six months ended June 30, 2024[86] - The Audit Committee reviewed the Group's unaudited condensed consolidated interim results for the six months ended June 30, 2024, confirming compliance with applicable accounting standards[91] Future Outlook and Strategy - The Board expects 2024 to be a challenging year due to continuously increasing production costs and enhanced safety requirements in the automotive industry[60][64] - The Group plans to upgrade production lines to improve efficiency and install new machinery to meet high-end product demands[60][64] - Research and development will be conducted to keep up with the latest technological trends in product specifications[60][64] - The Group will adopt a cautious approach in accepting orders due to the increasing risk of volatility in rubber prices linked to crude oil fluctuations[61] - The Group aims to strengthen its customer base in the food trading business by finding new customers[61]

Production and Sales - The production and sales of passenger vehicles in China for the year ended December 31, 2023, were approximately 21,923,000 units and 26,063,000 units, representing an increase of approximately 4.2% and 10.6% respectively[14]. - The Group's principal business includes the manufacture and sale of nonwoven fabric related products used in automotive interior decoration parts[12]. - The Group has established new production lines in Jilin Province to supply automotive components to a supplier under the brand "FAW Toyota" since 2021[20]. Financial Performance - The Group's revenue for the year ended December 31, 2023, decreased to approximately RMB 113.7 million, representing a decrease of approximately 38.2% compared to RMB 184.0 million in 2022, primarily due to a decline in sales of automotive floor carpets[30]. - Gross profit increased by approximately RMB 11.3 million to approximately RMB 30.8 million for the year ended December 31, 2023, attributed to improved production efficiency after the relocation of production lines[33]. - Profit attributable to the owners of the Company was approximately RMB 30.0 million for 2023, compared to a loss of approximately RMB 78.6 million for the corresponding period in 2022, primarily due to fair value gains and a reversal of expected credit losses of approximately RMB 27.5 million[37]. Losses and Disposals - The Group shared a loss of associates of approximately RMB2.8 million for the year ended December 31, 2023, from its 42% equity interest in GEO Securities Limited[25]. - The Group's food trading business incurred losses for years and did not generate any income in 2023, with revenue in 2022 and 2021 accounting for only 4.12% and 5.75% of the Group's total revenue respectively[24]. - The Group has diversified into the business of trading food products since 2016 but has decided to dispose of this business in the first quarter of 2024 due to its loss-making record[24]. Cash and Liquidity - The Group's cash and bank balances amounted to approximately RMB26.0 million as of 31 December 2023, an increase from RMB25.3 million in 2022[64]. - The liquidity ratio improved to 1.56 in 2023, up from 1.41 in 2022, while the gearing ratio decreased to 0.43 from 0.60[65]. Investments and Financial Assets - The Group's financial resources are also deployed in securities investment to achieve earnings through capital appreciation and dividend income[12]. - The Group held significant investments in four companies, with the fair value of these investments totaling RMB 17.6 million, representing approximately 6.0% of total assets[78]. - The Group's investment in China Investment and Finance Group Limited resulted in a gain of RMB 4.8 million, while Wealth Glory Holdings Limited experienced a loss of RMB 0.4 million[78]. Corporate Governance - The company has complied with the corporate governance code, except for the separation of roles between the Chairman and CEO, which is deemed efficient by the Board[115]. - The Board consists of three executive directors and three independent non-executive directors, ensuring a balanced structure with relevant industry knowledge[118]. - The Company has established a Remuneration Committee, which includes one executive Director and two independent non-executive Directors, to oversee remuneration policies and packages[147]. Risk Management and Internal Controls - The Company plans to review and update its internal control policies at least once a year to ensure compliance and control over all subsidiaries[184]. - The Company has identified internal control deficiencies that contributed to the audit issue and is implementing remedial measures to address these deficiencies[180]. - The internal control systems are designed to manage business risks and provide reasonable assurance against material financial misstatements or losses[173]. Future Outlook - The Board expects 2024 to be a challenging year due to increasing production costs and safety requirements in the automotive industry[41]. - The company has set a revenue guidance of HKD 1.5 billion for the next fiscal year, projecting a growth rate of 25%[110]. - The company plans to enhance its digital marketing strategy, allocating an additional HKD 20 million to boost online sales channels[110].

Financial Performance - For the fiscal year ending December 31, 2023, the company reported total revenue of RMB 113,673,000, a decrease of 38.1% compared to RMB 184,036,000 in the previous year[4] - The gross profit for the year was RMB 30,795,000, representing a significant increase of 57.8% from RMB 19,486,000 in the prior year[4] - The operating profit for the year was RMB 35,927,000, a turnaround from an operating loss of RMB 76,400,000 in the previous year[4] - The net profit attributable to the owners of the company was RMB 30,031,000, compared to a net loss of RMB 78,558,000 in the previous year[5] - The total revenue for the year 2023 was RMB 113,673 thousand, a decrease of 38.0% compared to RMB 184,036 thousand in 2022[29] - The operating profit for 2023 was RMB 35,927 thousand, a significant improvement from an operating loss of RMB 76,400 thousand in 2022[21] - The company reported a basic earnings of approximately RMB 30,031,000 for the year, compared to a loss of RMB 78,558,000 in the previous year, resulting in a basic earnings per share of RMB 0.171[38] - The group's other income or loss net amount changed from a loss of approximately RMB 19.1 million in 2022 to a gain of approximately RMB 5.0 million in 2023, primarily due to fair value gains on financial assets of approximately RMB 6.3 million[63] - The profit attributable to the owners of the company for 2023 was approximately RMB 30.0 million, compared to a loss of approximately RMB 78.6 million in the same period of 2022, primarily due to fair value gains on financial assets and a reversal of expected credit loss provisions of approximately RMB 27.5 million[65] Assets and Liabilities - The company's total assets decreased to RMB 265,434,000 from RMB 307,217,000, reflecting a decline of 13.6% year-over-year[7] - The total liabilities also decreased to RMB 113,242,000 from RMB 185,551,000, a reduction of 39.0% compared to the previous year[9] - The company's trade receivables decreased to RMB 70,154,000 in 2023 from RMB 141,096,000 in 2022, reflecting a reduction of approximately 50.3%[42] - The company's trade payables decreased to RMB 30,447,000 in 2023 from RMB 50,596,000 in 2022, a decline of approximately 39.8%[43] - The company's cash and bank balances increased slightly to RMB 26,043,000 from RMB 25,324,000, indicating a stable liquidity position[7] - The liquidity ratio as of December 31, 2023, was 1.56, an increase from 1.41 in 2022, indicating improved short-term financial health[71] Investments and Capital Expenditure - The company has invested approximately RMB 58.1 million in upgrading existing production lines and purchasing new equipment, with installations expected in 2024[57] - The capital expenditure for the manufacturing and sales of non-woven products was RMB 1,128 thousand in 2023, compared to RMB 900 thousand in 2022, showing an increase of 25.3%[25] Business Strategy and Market Focus - The company plans to continue focusing on the development of non-woven fabric products for automotive interiors and expand its market presence[12] - The company has shifted its focus to manufacturing and selling non-woven fabric products for automotive interiors, which remains a core business area[55] - The company has adopted a strategy to exit unprofitable businesses post-COVID-19, particularly in the food trading sector[59] - The food trading business, which has been a loss-making segment, generated no revenue in 2023 and accounted for only 4.12% and 5.75% of total revenue in 2022 and 2021 respectively, leading to its planned sale in Q1 2024[59] Challenges and Future Outlook - The board anticipates significant challenges in 2024 for the non-woven fabric manufacturing and sales business due to rising production costs and increased safety requirements in the automotive industry[66] - The group plans to continue investing resources in upgrading production lines, installing new machinery, and enhancing quality control systems to maintain competitiveness and meet customer demands for high-end products[67][74] Corporate Governance and Compliance - The company has adhered to the corporate governance code, with the exception of deviation from rule C.2.1 regarding the roles of the Chairman and CEO[87] - The audit committee consists of three independent non-executive directors as of December 31, 2023[88] - The financial performance figures for the year ending December 31, 2023, have been verified by the company's auditor, KPMG[90] - The audited consolidated financial statements for the year ending December 31, 2023, have been reviewed by the audit committee and approved by the board of directors[92] Dividends and Share Capital - The company did not declare any dividends for the year ending December 31, 2023, consistent with the previous year[40] - The company’s total issued and paid-up shares increased to 175,115,104 as of December 31, 2023, from 172,431,268 in the previous year[44] - The board does not recommend the payment of a final dividend for the year ended December 31, 2023[70] Other Financial Information - The company reported a financing cost of RMB 1,580 thousand in 2023, reduced from RMB 2,070 thousand in 2022, indicating a decrease of 23.7%[33] - The company incurred a loss of RMB 6,470 thousand from the termination of a consolidated subsidiary in 2023, with no such loss reported in 2022[30] - The company recognized a loss of RMB 6,470,000 related to the termination of consolidation for Loyal Brands Group, which was sold for HKD 1,000,000[48] - The company's deferred tax expenses increased to RMB 3,826,000 in 2023 from RMB 78,000 in 2022[9] - The company has not recognized any taxable profits for the year ending December 31, 2023, similar to the previous year[36] - The company has faced challenges in obtaining adequate audit evidence for its financial statements due to the lack of records from the Loyal Brands Group[54] - The group has no significant acquisitions or disposals of subsidiaries or associates during the year ended December 31, 2023[79] - No significant events occurred after the fiscal year ending December 31, 2023, up to the date of this announcement[89]

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 59,742,000, a decrease of 14.1% compared to RMB 69,520,000 for the same period in 2022[6] - Gross profit increased significantly to RMB 13,884,000, compared to RMB 4,897,000 in the previous year, reflecting a gross margin improvement[6] - Loss for the period attributable to the owners of the Company was reduced to RMB 1,125,000 from RMB 38,281,000 in the prior year, indicating a substantial recovery[8] - Total comprehensive income for the period attributable to the owners of the Company was RMB 2,334,000, compared to a loss of RMB 37,223,000 in the same period last year[8] - The company reported a basic and diluted loss per share of 0.64 cents, an improvement from 22.6 cents in the previous year[8] - The Group's total loss before tax for the first half of 2023 was RMB 1,101,000, significantly improved from a loss of RMB 38,272,000 in the same period of 2022[41] - For the six months ended June 30, 2023, the company reported a loss of approximately RMB 1,125,000, a significant improvement compared to a loss of RMB 38,281,000 for the same period in 2022[61] - Loss attributable to the owners of the Company was approximately RMB 1.1 million, significantly improved from a loss of approximately RMB 38.3 million in the corresponding period of 2022[102] Asset and Liability Management - Trade receivables decreased to RMB 80,740,000 from RMB 141,096,000, indicating improved collection efficiency[12] - Total assets decreased to RMB 269,532,000 from RMB 307,217,000, reflecting a reduction in overall asset base[12] - Total equity increased to RMB 124,000,000 from RMB 121,666,000, showing a slight improvement in the company's net worth[12] - Current liabilities decreased to RMB 141,876,000 from RMB 180,943,000, indicating better management of short-term obligations[15] - Cash and bank balances decreased to RMB 15,104,000 from RMB 25,324,000, reflecting cash flow challenges[12] - The company’s total equity as of June 30, 2023, was RMB 124,000,000, down from RMB 158,258,000 as of June 30, 2022[18] - The aging analysis of trade receivables showed a total of RMB 80,740,000 as of June 30, 2023, down from RMB 141,096,000 at the end of 2022, indicating a reduction of about 43%[67] - The aging analysis of trade payables as of June 30, 2023, showed a total of RMB 53.7 million, an increase from RMB 50.6 million as of December 31, 2022[75] Cash Flow and Investment Activities - For the six months ended June 30, 2023, the company reported a net cash used in operating activities of RMB (9,393,000), a significant decrease compared to RMB 27,242,000 in the same period of 2022[21] - The company reported a net cash used in investing activities of RMB (1,050,000) for the first half of 2023, compared to RMB (29,000) in the same period of 2022[21] - The company’s net cash used in financing activities was RMB (2,797,000) for the first half of 2023, compared to RMB (22,961,000) in the same period of 2022[21] - As of June 30, 2023, cash and cash equivalents decreased to RMB 15,104,000 from RMB 29,294,000 at the end of June 2022[21] - Other losses for the six months ended June 30, 2023, decreased to approximately RMB 0.6 million from approximately RMB 11.4 million in 2022[97] Operational Efficiency - Staff costs, including directors' remuneration, decreased to RMB 5,240,000 in 2023 from RMB 16,328,000 in 2022, representing a reduction of approximately 68%[49] - The cost of inventories recognized as cost of sales decreased to RMB 53,655,000 in 2023 from RMB 61,875,000 in 2022, a decline of about 13%[49] - Administrative expenses decreased by approximately RMB 19.7 million to approximately RMB 7.9 million, primarily due to one-off losses related to the relocation of production lines[101] - Unallocated corporate expenses decreased to RMB 8,275,000 in the first half of 2023, down from RMB 16,862,000 in the same period of 2022[41] Market and Industry Context - The production and sales of passenger vehicles in the PRC were approximately 11,281,000 units and 11,268,000 units respectively for the six months ended June 30, 2023, representing an increase of approximately 8.1% and 8.8% compared to the same period in 2022[85] - The Group's revenue for nonwoven fabric related products used in automobiles decreased to RMB 59,742,000 in the first half of 2023, down 11.4% from RMB 67,260,000 in the same period of 2022[34] - The revenue from the manufacture and sale of nonwoven fabric related products was RMB 59.7 million, down from RMB 67.3 million in the previous year[95] Corporate Governance and Structure - The company has complied with the Corporate Governance Code, except for the deviation regarding the roles of chairman and CEO being held by the same individual[152] - The company has three independent non-executive directors on the board, ensuring a balance of power and authority[153] - The Board of Directors consists of three executive Directors and three independent non-executive Directors as of June 30, 2023[174] - The audit committee, established on September 13, 2010, comprises three independent non-executive Directors as of June 30, 2023[173] - The remuneration committee was established to review the remuneration policy and structure for all directors and senior management[169] Future Outlook and Strategy - The Board expects 2023 to be a challenging year due to increasing production costs and safety requirements in the automotive industry[103] - The Group aims to diversify its business scope by seeking potential investment opportunities for better returns and expansion[111] - The Group will adopt a cautious approach in accepting orders to mitigate risks associated with fluctuating rubber prices due to crude oil price volatility[103] - The Group plans to upgrade production lines and install new machinery to improve production efficiency and meet high-end product demands[110]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中 國 汽 車 內 飾 集 團 有 限 公 司 CHINA AUTOMOTIVE INTERIOR DECORATION HOLDINGS LIMITED （於開曼群島註冊成立的有限公司） （股份代號：0048） 截至二零二三年六月三十日止六個月中期業績公告 中國汽車內飾集團有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬 公司截至二零二三年六月三十日止六個月的未經審核綜合中期業績，連同比較數 字。本公告（載有本公司二零二三年中期報告全文）符合香港聯合交易所有限公司 （「聯交所」）證券上市規則有關中期業績初步公告隨附資料的相關規定。本公司二 零二三年中期報告印刷版將於二零二三年九月寄發予本公司股東，並可於聯交所 及本公司網站查閱。 承董事會命 中國汽車內飾集團有限公司 主席 莊躍進 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中 國 汽 車 內 飾 集 團 有 限 公 司 CHINA AUTOMOTIVE INTERIOR DECORATION HOLDINGS LIMITED （於開曼群島註冊成立的有限公司） （股份代號：0048） 有關截至二零二二年十二月三十一日止年度之年報之 補充公告 謹此提述中國汽車內飾集團有限公司（「本公司」）截至二零二二年十二月三十一 日止財政年度之年報（「年報」）。除非另有指明，本公告所用詞彙與年報所界定者 具有相同涵義。 除年報「購股權計劃」一節所披露之資料外，本公司謹此提供有關該計劃詳情的額 外資料，載列如下： 於二零二二年一月一日及二零二二年十二月三十一日，根據該計劃可授予的購股 權數目分別為16,721,510份及17,511,510份。 年內就根據該計劃授予的16,700,000份購股權而可予發行的股份數目除以本年度 已發行普通股的加權平均數172,431,268股約為0.097。 ...

Financial Performance - For the year ended December 31, 2022, the production and sales of passenger vehicles in China were approximately 23,836,000 units and 23,563,000 units, representing an increase of approximately 11.2% and 9.5% respectively[11]. - The Group's revenue for the year ended 31 December 2022 increased to approximately RMB184.0 million, representing a growth of approximately 1.3% compared to RMB181.7 million in 2021[30]. - The gross profit for the year ended 31 December 2022 decreased by approximately 18.9% to approximately RMB19.5 million due to increasing competition in the automotive industry[31]. - Other losses for the year ended 31 December 2022 changed from a gain of approximately RMB7.3 million in 2021 to a loss of approximately RMB19.1 million, primarily due to fair value losses on financial assets at fair value through profit or loss amounting to approximately RMB20.3 million[32]. - The loss attributable to the owners of the Company was approximately RMB78.6 million for 2022, compared to a loss of approximately RMB0.4 million in 2021[38]. Business Operations - The Group's principal business includes the manufacture and sale of nonwoven fabric related products used in automotive interior decoration parts, with a focus on meeting specific customer requirements[15]. - The Group resumed trading of food products in 2016, generating steady income for the year ended December 31, 2022[23]. - New production lines were established in Jilin Province in the second half of 2021 to supply automotive components to a supplier for "FAW Toyota"[21]. - The demand for automotive materials remained stable during 2022 due to favorable growth in the passenger vehicle market[16]. - The Group's products are primarily processed by customers to create various automotive parts for passenger vehicles[20]. Financial Position - The Group's liquidity ratio at 31 December 2022 was 1.41, down from 1.83 in 2021, while the gearing ratio increased to 0.60 from 0.45[47]. - The Group's cash and bank balances amounted to approximately RMB25.3 million as of 31 December 2022, compared to RMB24.6 million in 2021[46]. - The Group raised approximately HKD 22.3 million from the placement of 71,663,616 shares at HKD 0.32 each, with funds allocated for bank loan repayment and working capital[51]. - The Group held significant investments in three companies: approximately 22.8 million shares (2.6%) of Wealth Glory Holdings Limited, 5.5 million shares (1.9%) of Harbour Digital Asset Capital Limited, and 11.0 million shares (4.8%) of Lerado Financial Group Company Limited as of December 31, 2022[60]. - The fair value loss for Wealth Glory Holdings was RMB 841,000, for Harbour Digital Asset Capital was RMB 1,409,000, and for Lerado Financial Group was RMB 755,000 as of December 31, 2022[64]. Corporate Governance - The company is committed to maintaining high standards of corporate governance to protect shareholders' interests, complying with the Corporate Governance Code except for a deviation regarding the roles of chairman and CEO[98][99]. - The group has a strong leadership structure with three independent non-executive directors ensuring a balance of power and authority[99]. - The Company has adopted a board diversity policy, considering factors such as gender, age, cultural background, and professional experience for Board appointments[127]. - The Company has received confirmations from all Directors regarding their participation in continuous professional development activities[125]. - The audit committee held two meetings during the year, with all members attending both meetings, indicating strong governance practices[144]. Employee Management - The total number of employees decreased to 96 as of December 31, 2022, from 223 in 2021[72]. - The Group's remuneration policy is based on employee experience, qualifications, and competence, with additional benefits including contributions to provident funds and social insurance[72]. - The company has implemented employee benefits including mandatory provident fund contributions and social insurance for employees in Hong Kong and China[75]. - The remuneration committee held two meetings during the year to discuss the remuneration policy and determine Directors' remuneration[135]. - The attendance rate for the nomination committee meetings was 100% for the executive director and one independent non-executive director, while another independent non-executive director had 0% attendance[141]. Future Plans - The Group plans to upgrade production lines, install new machinery, conduct research and development, and strengthen quality control systems to maintain competitiveness in 2023[42]. - The Group intends to seek potential investment opportunities to diversify its business scope and enhance expansion[44]. - The Group plans to continue seeking investment opportunities to diversify its business and enhance returns[50]. - The Group will adopt a cautious approach in accepting orders due to the increasing risk of volatility in rubber prices linked to crude oil fluctuations[43]. Dividend Policy - The Group does not recommend the payment of a final dividend for the year ended December 31, 2022[13]. - The Company has established a dividend policy aimed at providing stable and sustainable returns to shareholders, considering various financial and operational factors[196][197]. - The Board will continually review the Dividend Policy and reserves the right to update or cancel it at any time[199]. - The Company does not have a pre-determined dividend distribution ratio, and past dividend distribution records do not guarantee future dividends[198].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 中 國 汽 車 內 飾 集 團 有 限 公 司 CHINA AUTOMOTIVE INTERIOR DECORATION HOLDINGS LIMITED （於開曼群島註冊成立的有限公司） （股份代號：0048） 截至二零二二年十二月三十一日止年度 年度業績公告 中國汽車內飾集團有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其 附屬公司（「本集團」）截至二零二二年十二月三十一日止年度的綜合業績，連同截 至二零二一年十二月三十一日止上一財政年度的比較數字。 綜合損益及其他全面收益表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 附註 人民幣千元 人民幣千元 收入 5 184,036 181,701 銷售成本 (164,550) (157,662) 毛利 19,486 24,039 其他（虧損）╱收益淨額 6 (19,132) 7,318 ...