有的机器人公司在赛道上疾驰，有的却在退市边缘挣扎。 6月13日，*ST工智公告称，深交所决定终止公司股票上市。公司股票将于6月20日复牌并进入退市整理期，预计7月10日为最后交易日期。 同时，退市整理期间公司股票在风险警示板交易。退市整理期首个交易日，公司股票价格无涨跌幅限制，此后每日涨跌幅限制为10%。公司提醒投资者、 证券公司等市场主体在股票摘牌前及时了结股票质押式回购、约定购回、融资融券、转融通、深股通等业务。 年报"非标"触发退市红线 *ST工智退市的直接导火索，是2023年、2024年连续两年财报被出具无法表示意见的审计报告。 公司2023年度财务会计报告被出具无法表示意见的审计报告，股票交易自2024年5月6日起被实施退市风险警示。亚太（集团）会计师事务所指出了两大核 心问题。 其一，股权投资平台处置存疑。公司对哈工成长（岳阳）私募股权基金企业（有限合伙）等四家平台初始投资成本总额为6.5亿元，2023年期末余额为1.03 亿元，全年仅确认投资收益0.69万元。审计机构无法核实处置进度及关联资金往来，并质疑其长期股权投资各项指标核算的准确性。 其二，收入确认方法违规。2023年，公司以"时段法"确 ...

5月5日晚间，*ST工智（证券代码：000584）公告，公司收到终止上市事先告知书。 因连续两年财务报告被出具"无法表示意见"的审计结果，叠加内部控制审计的否定意见，*ST工智触发深交所强制退市条款。 收到终止上市事先告知书 根据公告，*ST工智于2025年4月30日收到深圳证券交易所送达的《终止上市事先告知书》（公司部函[2025]第196号）。 2025年4月28日，*ST工智披露的股票交易被实施退市风险警示后的首个年度报告显示，公司2024年度财务会计报告被出具无法表示意见的审计报告，财 务报告内部控制被出具否定意见的审计报告。 因触及《股票上市规则（2025年修订）》第9.3.12条第一款第（三）项和第（五）项规定的股票终止上市情形，深交所拟决定终止*ST工智股票上市交 易。 因2023年度财务会计报告被出具无法表示意见的审计报告，*ST工智公司股票交易自2024年5月6日起被实施退市风险警示。 根据相关规定，*ST工智有权申请听证或者提出书面陈述和申辩。若申请听证的，公司应当在收到告知书之日起五个交易日内，以书面形式向深交所提出 申请，并载明具体事项及理由。提出陈述和申辩的，应当在收到本告知书之日起 ...

重要新闻 今日两只新股申购。 6部门发布关于进一步优化离境退税政策扩大入境消费的通知。 国新办今日上午10时将举行新闻发布会，介绍稳就业稳经济推动高质量发展政策措施有关情况。 *ST工智（000584）：公司股票可能被终止上市，28日起停牌。 3.国务院新闻办公室将于4月28日(星期一)上午10时举行新闻发布会，请国家发展改革委副主任赵辰昕、人力资源社会保障部副部长俞家栋、商务部副部长 盛秋平、中国人民银行副行长邹澜介绍稳就业稳经济推动高质量发展政策措施有关情况，并答记者问。 4.日前，国家税务总局12366纳税服务平台以热点问题答复形式回应称，"二套转首套"满足相关条件可以享受住房贷款利息个税专项附加扣除，每年可享 受1.2万元税前扣除额。 5.商务部副部长盛秋平表示，商务部将继续深化国际消费中心城市建设，支持推动扩大入境消费。商务部将打造国际化消费环境，指导各地优化涉外支付 服务，提升离境退税政策效能，打造一批国际消费集聚区和入境消费友好商圈，打通外国人在华消费堵点、痛点。近期财政部门正积极研究对有关方面给 予专项资金支持。 6.国务院发布关于同意在海南全岛和秦皇岛等15个城市(地区)设立跨境电子商务综合 ...

Financial Performance - The consolidated loss for the year increased by approximately 25% compared to the same period in 2023, primarily due to the downturn in the property market in China [6]. - The company reported a loss from continuing operations of HKD 80,095,000 for the year ended December 31, 2024, compared to a loss of HKD 64,262,000 in 2023, representing a 24.5% increase in losses year-over-year [57]. - The company reported a significant focus on investment holding, with subsidiaries engaged in manufacturing and trading of prestressed high-strength concrete piles, ready-mixed concrete, autoclaved aerated concrete products, and ecological permeable concrete products [38]. - The company reported a total comprehensive loss of HKD 63,698,000 for the year ended December 31, 2024, compared to a loss of HKD 47,824,000 in the previous year, reflecting an increase in losses of approximately 33% [158]. - The company reported a net loss of HKD 80,095,000 for 2024, compared to a net loss of HKD 64,262,000 in 2023, indicating a deterioration in financial performance [152]. Revenue and Growth - Revenue from external customers in the construction materials business was HKD 256,385,000, representing a growth of about 4% from HKD 246,531,000 in the previous year [10]. - Revenue for the year ended December 31, 2024, was HKD 256,385,000, an increase of 3.4% from HKD 246,531,000 in 2023 [152]. - Gross profit for 2024 was HKD 43,832,000, up from HKD 37,556,000 in 2023, reflecting a gross margin improvement [152]. Assets and Liabilities - Total assets decreased to HKD 281,117,000 in 2024 from HKD 330,938,000 in 2023, reflecting a decline of approximately 15% [58]. - The company's total liabilities increased to HKD 202,375,000 in 2024, up from HKD 195,264,000 in 2023, indicating a rise of about 5.7% [58]. - The net asset value dropped to HKD 78,742,000 in 2024, down from HKD 135,674,000 in 2023, a decrease of approximately 42% [58]. - Current liabilities exceeded current assets by approximately HKD 33,863,000 as of December 31, 2024 [167]. Cash Flow and Financing - The group reported a net cash outflow from operating activities of about HKD 13,062,000 for the year ending December 31, 2024 [165]. - Cash and cash equivalents decreased by HKD 16,687,000 in 2024, compared to an increase of HKD 21,704,000 in 2023, indicating a shift in liquidity position [160]. - The company issued new shares raising HKD 3,592,000 and convertible notes raising HKD 30,000,000 during the year, enhancing its capital structure [160]. - The group plans to implement rigorous cost control measures to enhance operational efficiency and improve future cash flow [169]. Shareholder and Equity Information - As of December 31, 2024, the equity attributable to owners of the company was HKD 62,007,000, a decrease of approximately 33% compared to the previous year [13]. - The company’s total equity attributable to owners decreased to HKD 62,007,000 as of December 31, 2024, down from HKD 91,961,000 at the beginning of the year, indicating a decline in shareholder value [158]. - The board does not recommend a final dividend for the fiscal year [44]. Risk Management and Compliance - The company is exposed to foreign exchange risks due to its assets and liabilities being primarily denominated in Renminbi and Hong Kong dollars, with management actively monitoring these risks [23]. - The company has complied with relevant laws and regulations in its operations in China and Hong Kong, with no significant violations reported [61]. - The company has adopted a zero-tolerance policy towards bribery and corruption, ensuring all business dealings are conducted with integrity and professionalism [112]. Corporate Governance - The board consists of one executive director, one non-executive director, and three independent non-executive directors as of December 31, 2024 [92]. - The audit committee has reviewed the financial statements for the year ending December 31, 2024, confirming compliance with applicable accounting standards and regulations [80]. - All independent non-executive directors have confirmed their independence according to the listing rules, possessing appropriate professional qualifications or financial management expertise [94]. Internal Controls and Audit - The internal control and risk management systems are designed to manage risks rather than eliminate them, ensuring the reliability of financial reporting and compliance with laws [105]. - The audit committee has reviewed the effectiveness of the risk management and internal control systems, concluding they are sufficient and effective [109]. - The company plans to enhance its internal controls and audit procedures to address risks of material misstatement in financial reporting [149]. Future Outlook - The company anticipates that infrastructure investment will continue to be a pillar for economic recovery in China, benefiting its business operations [6]. - The company anticipates positive impacts on the construction materials industry in Guangdong Province, benefiting from local GDP growth and trade volume increases [27]. - The company aims for local GDP growth of around 5% and plans to focus on green energy, commercial aerospace, and other strategic areas [28].

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之內容概不負責，對其準確 性及完整性亦不發表任何聲明，並明確表示，概不對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之任何損失承擔任何責任。 SUNWAY INTERNATIONAL HOLDINGS LIMITED 新 威 國 際 控 股 有 限 公 司 * （ 於 百 慕 達 註 冊 成 立 之 有 限 公 司 ） （股份代號： 58） 截至二零二四年十二月三十一日止年度之 末期業績公告 – 1 – ‧ 截至二零二四年十二月三十一日止年度之收入為256,385,000港元，較去 年同期246,531,000港元增加9,854,000港元。 ‧ 截至二零二四年十二月三十一日止年度之毛利為43,832,000港元，較去年 同期37,556,000港元增加6,276,000港元。 ‧ 本公司擁有人應佔年度虧損為56,122,000港元，較去年同期45,146,000港 元增加10,976,000港元。 ‧ 本公司擁有人應佔每股虧損為30.71港仙，較去年同期25.14港仙增加5.57 港仙。 ‧ 不建議派發截至二零二四年十二月三十一日止年度之末 ...

新威國際控股有限公司 (於百慕達註冊成立之有限公司) 股份代號：00058 中 期 報 告 2024 目錄 公司資料 2 簡明綜合損益表 5 簡明綜合損益及其他全面收入表 7 簡明綜合財務狀況表 8 簡明綜合權益變動表 10 簡明綜合現金流量表 11 簡明綜合財務報表附註 12 管理層討論及分析 29 其他資料之披露 44 | --- | --- | |------------------|-------------------------------------------------| | | | | 公司資料 | | | 董事 | 公司秘書 | | 執行董事： | 羅進財 | | 羅進財 | 法律顧問 | | 非執行董事： | 有關百慕達法律： | | 林柏森 | Conyers Dill & Pearman 香港 | | 獨立非執行董事： | 中環 | | 蔡本立 | 康樂廣場8號 | | 余瑞生 | 交易廣場第一期 2901 室 | | 王裕鈞 | | | | 有關香港法律： | | | 林炳昌律師事務所 | | | 香港 | | | 干諾道中 122–124 號 | | | 海港商業大廈 19 樓 ...

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之內容概不負責，對其準確 性及完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或 因倚賴該等內容而引致之任何損失承擔任何責任。 SUNWAY INTERNATIONAL HOLDINGS LIMITED 新 威 國 際 控 股 有 限 公 司 * （於百慕達註冊成立之有限公司） （股份代號： 58） 截至二零二四年六月三十日止六個月之 中期業績公告 新威國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公佈本公 司及其附屬公司（統稱「本集團」）截至二零二四年六月三十日止六個月之未經 審核中期業績，連同二零二三年同期之比較數字茲列如下： 簡明綜合損益表 截至二零二四年六月三十日止六個月 | --- | --- | --- | --- | |----------------|-------|---------------------------------------------------------------|----------------------------------| | | 附註 | 截至六月三十 ...

Financial Performance - The consolidated loss for the year increased by approximately 42% compared to the same period in 2022, primarily due to a 45% decrease in revenue attributed to the sluggish property market in China [5]. - External customer revenue from the prestressed high-strength concrete pile business was HKD 246,531,000, down from HKD 451,115,000 in the previous year, reflecting a decrease of about 45% [9]. - The company reported a total revenue of HKD 50,648,000 for the year ending December 31, 2023, compared to HKD 51,036,000 in 2022, indicating a slight decrease of approximately 0.76% [56]. - The company reported a loss from continuing operations of HKD 64,262,000 for the year ended December 31, 2023, compared to a loss of HKD 45,384,000 in 2022, representing an increase of 41.5% [61]. - Gross profit for 2023 was HKD 37,556,000, down 64.5% from HKD 105,597,000 in the previous year [167]. - The company reported a total comprehensive loss of HKD 47,824,000 for the year ended December 31, 2023, compared to a loss of HKD 40,673,000 in the previous year, reflecting an increase in losses of approximately 17.7% [175]. Financial Position - The group's cash and cash equivalents stood at HKD 27,749,000, while interest-bearing borrowings amounted to HKD 18,511,000, with an interest rate ranging from 3.65% to 7.50% [12]. - The equity attributable to owners of the company decreased by approximately 34% to HKD 91,961,000 as of December 31, 2023 [12]. - Total assets decreased to HKD 330,938,000 in 2023 from HKD 409,537,000 in 2022, a decline of 19.2% [63]. - The company's net asset value fell to HKD 135,674,000 in 2023, down 33.3% from HKD 203,435,000 in 2022 [63]. - The total liabilities decreased to HKD 195,264,000 in 2023 from HKD 206,102,000 in 2022, a reduction of 4.1% [63]. - The company's total equity decreased to HKD 135,674,000 in 2023 from HKD 203,435,000 in 2022, a decline of 33.3% [173]. Cash Flow and Investments - The company has a cash reserve of HKD 50,648,000 available for distribution as of December 31, 2023, which is a slight decrease from the previous year's reserve [56]. - Operating cash flow for the year was HKD 27,690,000, a slight increase from HKD 26,518,000 in 2022, indicating a year-over-year growth of about 4.4% [177]. - The company invested HKD 2,981,000 in property, plant, and equipment during the year, a decrease from HKD 5,710,000 in 2022, indicating a reduction in capital expenditures of about 47.8% [179]. - The company reported a net cash outflow from investing activities of HKD 973,000, an improvement from HKD 5,450,000 in the previous year, reflecting a decrease in cash used for investments [179]. - The company’s financing activities resulted in a net cash outflow of HKD 5,013,000, slightly improved from HKD 5,532,000 in 2022, indicating better management of financing costs [179]. Market and Economic Conditions - The Chinese economy is expected to benefit from increased infrastructure investment, which will support the group's business in the coming years [6]. - The GDP of China increased by 5.2% in 2023, surpassing the previous year's target of around 5% [5]. - The People's Bank of China announced a reduction in the reserve requirement ratio by 0.5% starting February 5, 2024, providing approximately RMB 1 trillion in long-term liquidity to the market [24]. - The central bank will lower the 5-year Loan Prime Rate (LPR) by 25 basis points to 3.95% on February 20, 2024, marking the largest cut since the LPR was introduced in 2019, aimed at boosting the real estate sector [25]. - Guangdong province has introduced 30 measures to support the private economy, encouraging financial institutions to provide more financing support to private enterprises [26]. Corporate Governance and Compliance - The board of directors confirmed their independence in accordance with the listing rules, ensuring compliance with governance standards [69]. - The audit committee has reviewed the financial statements for the year ending December 31, 2023, ensuring compliance with applicable accounting standards [88]. - The company has established appropriate liability insurance for its directors and senior officers [87]. - The board is responsible for maintaining an effective risk management and internal control system, ensuring reasonable assurance against significant misstatements or losses [117]. - The company has adopted a zero-tolerance policy towards bribery and corruption, ensuring compliance with ethical standards in all business dealings [126]. Risk Management - The company faces significant risks in the construction materials industry, including rising raw material prices and intensified competition, which could impact future performance [44]. - The company continues to monitor and manage foreign exchange risks associated with its currency assets and liabilities, primarily denominated in RMB and HKD [44]. - The internal control auditor conducts annual audits to assess the effectiveness of the internal control system and identifies risk areas [121]. - The audit committee believes that the group's risk management and internal control systems are sufficient and effective for the reviewed year [122]. Shareholder Engagement - The company encourages shareholders to attend general meetings and express their opinions, with external auditors present to assist in addressing shareholder inquiries [136]. - Shareholders holding at least 10% of the paid-up capital can request a special general meeting within two months of the request [139]. - Shareholders can propose resolutions at general meetings if they represent at least 5% of the total voting rights or at least 100 shareholders [140]. Environmental and Social Responsibility - The company has a strong focus on environmental responsibility and aims to create economic value for stakeholders [68]. - The company emphasizes a culture of integrity and anti-corruption policies to guide employee conduct [92]. - The company has established a whistleblowing policy to allow employees and third parties to report misconduct confidentially [128].

Financial Performance - For the year ended December 31, 2023, revenue was HKD 246,531,000, a decrease of HKD 204,584,000 or 45.4% compared to HKD 451,115,000 in the previous year[3] - Gross profit for the year was HKD 37,556,000, down HKD 68,041,000 or 64.4% from HKD 105,597,000 in the prior year[3] - The loss attributable to owners of the company was HKD 45,146,000, an increase of HKD 7,761,000 or 20.8% from HKD 37,385,000 in the previous year[3] - Basic and diluted loss per share was HKD 25.14, an increase of HKD 4.32 or 20.8% from HKD 20.82 in the prior year[3] - Total comprehensive loss for the year amounted to HKD 67,761,000, compared to HKD 48,701,000 in the previous year, reflecting an increase of HKD 19,060,000 or 39.1%[6] - The group reported a net loss of HKD 21,570,000 for the year 2023, compared to a net loss of HKD 34,928,000 in 2022[28] Revenue Breakdown - The group's revenue for the year 2023 was HKD 246,531,000, a decrease of 45.4% compared to HKD 451,115,000 in 2022[25] - The revenue from prestressed high-strength concrete piles was HKD 70,147,000, down 18% from HKD 85,498,000 in the previous year[25] - The revenue from ready-mixed concrete was HKD 145,885,000, a decline of 53% from HKD 311,792,000 in 2022[25] - The external customer revenue for the fiscal year 2023 was HKD 246,531,000, a decrease of approximately 45% compared to HKD 451,115,000 in the previous year due to a sluggish property market[42] Assets and Liabilities - Non-current assets decreased to HKD 134,710,000 from HKD 174,746,000, a decline of 23%[8] - Current assets decreased to HKD 196,228,000 from HKD 234,791,000, a decline of 16.4%[8] - Total liabilities decreased slightly to HKD 190,637,000 from HKD 194,666,000, a decrease of 2.1%[8] - The company's equity attributable to owners decreased to HKD 91,961,000 from HKD 139,785,000, a decline of 34%[9] - The total trade receivables, net of credit loss provisions, were HKD 108,172,000 for the fiscal year 2023, down from HKD 160,261,000 in the previous year[36] - The aging analysis of trade receivables showed that HKD 75,463,000 was within 3 months, compared to HKD 79,140,000 in the previous year[37] - The total amount of assets pledged as collateral for bank borrowings was HKD 86,303,000, down from HKD 100,955,000 in the previous year[39] Expenses and Costs - The cost of materials used was HKD 147,149,000, down from HKD 238,914,000 in the previous year, reflecting a decrease of 38.3%[28] - Administrative expenses for the fiscal year 2023 were HKD 23,977,000, representing an 18% decrease from HKD 29,398,000 in the previous fiscal year[44] - The financing costs for the year 2023 totaled HKD 1,624,000, a decrease of 48% from HKD 3,129,000 in 2022[27] Dividends - The company does not recommend the payment of a final dividend for the year ended December 31, 2023, consistent with the previous year[3] - The company did not declare or recommend any final dividends for the fiscal year 2023, consistent with the previous year[32] Legal and Compliance Issues - The company has issued convertible bonds amounting to HKD 15,000,000, which are currently considered invalid and non-convertible due to ongoing legal disputes[48] - There are ongoing legal actions involving claims of approximately HKD 40,000,000 related to convertible bonds, which have been dismissed without costs awarded[54] - The company has initiated legal actions to recover unpaid loans from guarantor Mr. Chen, with the court ruling that he is responsible for repaying the principal amount, accrued interest, and related legal fees[72] - The company has received legal advice regarding the recovery of receivables from Charmate, which is currently undergoing liquidation, with no evidence of asset holdings found[72] - Legal actions have been initiated against six borrowers for unpaid loans and interest, with ongoing litigation against various parties including Hua Li Capital and Tailor Wealth[64] Employment and Staff - As of December 31, 2023, the company employed approximately 264 full-time staff across management, administration, technical, and production departments in Hong Kong and mainland China[51] Market and Economic Conditions - The group recognized government subsidies of HKD 328,000 in 2022 related to COVID-19 support, with no similar subsidies reported in 2023[25] - The People's Bank of China announced a reduction in the reserve requirement ratio by 0.5% starting February 5, 2024, providing approximately RMB 1 trillion in long-term liquidity to the market[74] - The central bank lowered the 5-year Loan Prime Rate (LPR) by 25 basis points to 3.95% on February 20, 2024, marking the largest cut since the LPR was introduced in 2019, aimed at boosting the real estate sector[75] - Guangdong Province has introduced 30 measures to support the private economy, encouraging financial institutions to provide more financing support to private enterprises[76] - The implementation of comprehensive tax reduction and fee reduction policies is expected to positively impact the construction materials industry in Guangdong Province, benefiting the company[78] Corporate Governance - The company has confirmed compliance with the corporate governance code, although it has not yet appointed a chairman or CEO following the resignations of previous executives[82] - The audit committee has reviewed the annual performance for the year ending December 31, 2023[83] - The company has not engaged in any purchase, sale, or redemption of its listed securities during the year[80] - The company plans to publish its annual report on its website and the stock exchange's website in due course[87]

Financial Performance - Revenue for the six months ended June 30, 2023, was HKD 115,611,000, a decrease of 50.7% compared to HKD 234,174,000 in the same period of 2022[8] - Gross profit for the same period was HKD 17,436,000, down 65.2% from HKD 50,086,000 year-on-year[8] - The company reported a loss before tax of HKD 19,982,000, compared to a loss of HKD 6,455,000 in the previous year, indicating a significant increase in losses[8] - The net loss for the period was HKD 18,921,000, which is a 111.7% increase from the loss of HKD 8,964,000 in the same period last year[8] - Basic and diluted loss per share was HKD 7.56, compared to HKD 5.11 in the previous year, reflecting a worsening financial position[11] - The company reported a significant loss for the period, with total comprehensive loss amounting to HKD 26,646,000, compared to a loss of HKD 7,416,000 in the previous year[21] Assets and Liabilities - Total assets as of June 30, 2023, were HKD 373,949,000, down from HKD 421,950,000 at the end of 2022, showing a decline in asset value[15] - Current liabilities decreased to HKD 147,658,000 from HKD 194,666,000, indicating improved short-term financial obligations management[15] - The company's cash and cash equivalents decreased to HKD 4,603,000 from HKD 9,327,000, highlighting liquidity challenges[15] - Trade receivables (net of credit loss provisions) decreased from HKD 160,261,000 as of December 31, 2022, to HKD 105,973,000 as of June 30, 2023, representing a decline of approximately 33.9%[59] - Total trade payables decreased from HKD 99,065,000 as of December 31, 2022, to HKD 61,157,000 as of June 30, 2023, reflecting a decrease of approximately 38.3%[65] Cash Flow - For the six months ended June 30, 2023, the net cash generated from operating activities was HKD 500,000, a significant decrease from HKD 10,928,000 in the same period of 2022, representing a decline of approximately 95.4%[21] - The net cash used in investing activities was HKD 2,875,000, compared to HKD 162,000 in the previous year, indicating a substantial increase in investment outflows[21] - The net cash used in financing activities amounted to HKD 6,196,000, a notable increase from HKD 600,000 in the prior year, reflecting higher repayment of borrowings[21] - The total cash and cash equivalents decreased by HKD 8,571,000, contrasting with an increase of HKD 11,366,000 in the same period last year[21] - As of June 30, 2023, the cash and cash equivalents stood at HKD 4,617,000, down from HKD 11,140,000 at the end of the previous period[21] Operational Overview - The company primarily operates in the manufacturing and trading of prestressed high-strength concrete piles, ready-mixed concrete, and other related products, with over 90% of revenue generated from the Chinese market[32] - The company’s non-current assets are predominantly located in China, with over 90% of its non-current assets situated there[32] - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[8] Legal and Compliance Issues - The company is involved in significant legal litigation, including a lawsuit against sellers and guarantors related to a major acquisition from 2014, seeking to rescind the sale agreement[104] - The company has faced a potential contingent liability related to a legal claim amounting to approximately HKD 40,000,000[73] - The company is actively seeking legal advice regarding claims against borrowers who have not repaid loans and interest since December 31, 2019[112] - The company has initiated legal actions against Tailor Wealth, which was ordered to be liquidated by the court on January 18, 2021, with no evidence of asset ownership found[116] - Legal actions against Charmate Development Limited have been initiated, with a liquidation order issued on January 18, 2021, and no evidence of asset ownership found[123] Governance and Shareholder Information - The company has established an audit committee to review and oversee financial reporting, risk management, and internal controls[142] - The company has complied with the Corporate Governance Code, except for the separation of the roles of chairman and chief executive officer[141] - The total number of shares available for issuance under the share option scheme cannot exceed 10% of the issued shares as of the adoption date, subject to shareholder approval for updates[130] - As of June 30, 2023, the major shareholder, Fu Heng Group Limited, holds 73,693,706 shares, representing approximately 41.03% of the company's ordinary shares[137] Future Outlook - The company anticipates positive impacts on the construction materials industry from upcoming government policies aimed at stimulating the economy and enhancing real estate market support[99][101] - The company expects an acceleration in the issuance of special bonds to promote private investment and stabilize foreign trade and investment[36] - The company plans to take action against Tianlang Group Limited after the liquidation proceedings of Tailor Wealth and Huali Capital are concluded[124]