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布的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公布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。 Transport International Holdings Limited （載通國際控股有限公司）* （於百慕達註冊成立之有限公司） （股份編號： 6 2 ） 中期業績公布 截 至 2023 年 6 月 3 0 日止六個月 | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - KMB recorded a post-tax loss of HKD 4.7 million in 2022, a significant unfavorable variance of HKD 106.1 million compared to 2021[43] - Long Win Bus recorded a post-tax loss of HKD 27.8 million in 2022, with a favorable variance of HKD 7.2 million compared to 2021, despite a significant drop in passenger numbers due to pandemic restrictions[43] - Sun Bus, the flagship company of the non-franchised transport business, recorded a post-tax profit of HKD 3.5 million in 2022, a decrease of HKD 5.3 million compared to 2021[43] - The group's profit attributable to shareholders for the year ended December 31, 2022, was HKD 143.6 million, a decrease of HKD 101.4 million compared to 2021, primarily due to reduced travel during the fifth wave of COVID-19[42] - The company expects a recovery in bus ridership and revenue to pre-pandemic levels due to the relaxation of COVID-19 measures and border reopening[54] Sustainability and ESG Initiatives - KMB achieved a HKD 800 million 5-year sustainability-linked loan agreement to promote ESG projects, including reducing greenhouse gas emissions and increasing green procurement[33] - KMB initiated the "Carbon Reduction Partner Program" to install solar panels on its fleet, with sponsors recognized through commemorative plaques on buses[31] - The company aims to transition its entire fleet to new energy buses by 2040, aligning with the government's carbon neutrality goals[73] - The company has set a goal to achieve carbon neutrality and is preparing to fully transition to new energy buses, supported by the construction of two new energy bus depots[57] - The company is installing solar panels on bus roofs and station facilities to utilize renewable energy and reduce energy waste[57] - The company has installed solar panels on 2,000 bus stops by the end of 2022 and plans to install over 30,000 solar photovoltaic panels by 2023 to promote renewable energy[75] - The company has secured two sustainability-linked loans totaling HKD 800 million from Mitsubishi UFJ Bank and Chong Hing Bank to promote zero-carbon transportation in Hong Kong[152] - The company has installed approximately 30,000 solar panels as part of its renewable energy and zero-emission bus technology development plan[154] - The company's bus depots are equipped with environmentally friendly designs for sewage treatment and water recycling systems, effectively reducing water consumption[151] - The company has obtained ISO14001 certification for its two largest bus depots and conducts quarterly audits to ensure compliance with strict environmental management standards[145] - The company has integrated climate change-related risks into its risk management system, with key performance indicators reported to the Audit and Risk Management Committee three times a year[150] - The company has adopted the TCFD framework to comprehensively discuss climate change risks and their potential impacts on the business, ensuring alignment with governance, strategy, risk management, and metrics[147] - The third-generation solar-powered double-decker buses reduce cabin temperature by 8-10°C and save 5-8% of fuel consumption per bus daily, equivalent to reducing 6 tons of carbon emissions annually per bus[156] - The company plans to install 30,000 solar photovoltaic panels across bus depots, bus stops, and bus roofs, generating over 13 million kWh of renewable energy annually, equivalent to the electricity consumption of 4,176 Hong Kong households, and reducing 12,587 tons of carbon emissions[156] - The company has developed a patented eco-friendly wind barrier for buses, reducing energy waste from air conditioning loss, and plans to install it on 600 buses[156] - Replacing low-wattage LED lights in the bus fleet will reduce 5,600 tons of carbon emissions annually[156] - The company has partnered with 48 enterprises to install solar panels on 89 in-service buses as part of its "Carbon Reduction Partner Program"[157] - The company has introduced 16 new-generation pure electric buses and plans to have 500 electric buses in the fleet within the next 3-5 years, aiming for a fully zero-emission bus fleet by 2040[166] - The company has installed over 8,500 solar photovoltaic panels across bus depots and stations to enhance renewable energy usage and reduce greenhouse gas emissions[161] - The company has implemented a water recycling system in bus depots, reducing total water consumption by 4%[163] - The company has reduced oil consumption by 40% and waste oil by 80% through a mileage-based oil change plan and the use of synthetic transmission oil[160] - The company has achieved a 2.36% reduction in environmental targets per million kilometers driven, progressing towards its 2023 fiscal year goals[165] Operational and Service Enhancements - KMB introduced the first pure electric double-decker bus in Hong Kong, featuring advanced blade battery technology, significantly improving battery efficiency and cabin space[39] - KMB launched three new express routes (96, 290E, and 298X) to provide new travel options for Tseung Kwan O residents following the opening of the Tseung Kwan O-Lam Tin Tunnel[40] - KMB installed 10 AEDs at major bus terminals and depots for public use, with staff trained to enhance confidence in using the devices[35] - The company adjusted bus services to meet demand in growing areas such as Tseung Kwan O, North District, and Tuen Mun, while optimizing around 30 interchange stations[56] - The company introduced new bus routes and expanded its transfer network to offer more affordable cross-district travel options[56] - The company faced significant operational pressure in 2022 due to reduced ridership and staff shortages caused by the pandemic[56] - The company implemented health measures, including disinfectant coatings in buses and providing rapid test kits to employees[56] - The company produced its own masks to protect employees during the pandemic[56] - The company celebrated its 90th anniversary in 2023, reaffirming its commitment to providing safe, comfortable, and value-for-money bus services[54] - The company is upgrading its bus fleet to 5G-enabled buses, providing free 5G Wi-Fi services to passengers, and using technology to assess passenger flow and traffic for better resource allocation[57] - The company has delivered its first double-decker electric bus with a passenger capacity similar to diesel buses and a range suitable for most bus routes, with more electric buses expected to be delivered soon[57] - The company is collaborating with Shenzhen Bus Group to promote cross-border payment systems and information sharing, aiming to enhance transportation services in the Greater Bay Area[57] - The company is expanding its services in new development areas, providing transportation networks to support housing projects and enhance business growth[57] - The company operates a fleet of approximately 4,000 buses, serving over 2.6 million passengers daily across 433 routes[66] - In response to the COVID-19 pandemic, passenger demand significantly dropped during the fifth wave in early 2022, but service levels gradually recovered from April 2022[67] - The company introduced a "Buy 3 Get 1 Free" promotion for the KMB Monthly Pass in April 2022, offering an Octopus top-up of HKD 780 (equivalent to one monthly pass) for customers who purchased the pass for four consecutive months[68] - A regional short-distance fare scheme was launched in August 2022, covering 5 routes in the Northern District, with fares as low as HKD 3.8, saving passengers up to HKD 12.5 per trip[70] - The company implemented 86 route restructuring plans in 2022, improving network synergy and eliminating route overlaps[71] - New routes 90, 96, and 97 were launched in September and December 2022, connecting Tai Po, Sha Tin, and Tseung Kwan O, while route 69 was introduced to provide cross-district services between Yuen Long and Tin Shui Wai[72] - In 2022, 205 new buses were licensed, including 189 double-decker buses with enhanced safety features and 16 BYD electric single-decker buses[74] - The company plans to introduce 500 electric buses in the next 3-5 years, accounting for one-eighth of the total fleet[74] - As of December 31, 2021, the company operated 4,036 licensed buses, including 3 hybrid double-decker buses and 26 electric single-decker buses, with 118 Euro VI double-decker buses and 51 double-decker electric buses on order for delivery in 2023[74] - KMB's bus fleet increased from 4,013 to 4,036 in 2022, with 210 new buses added and 187 retired[76] - KMB upgraded 2,500 buses to 5G technology in 2022, providing free 5G Wi-Fi services and plans to add upper deck seat displays and real-time bus capacity information in the App1933[78] - KMB's electronic payment system "e度嘟" now supports 11 payment methods, including BoC Pay, making it the public transport operator with the most electronic payment options in Hong Kong[79] - App1933 has expanded its real-time estimated journey time feature to 50 locations and provides bus arrival time information for other franchised bus companies[80] - KMB's fleet mechanical reliability reached 109,094 km:1 and fleet operational capability was 103.08% in 2022[82] - KMB operates 4 main bus depots and 11 smaller depots, with the Tuen Mun Central Repair Centre providing comprehensive bus maintenance services[83] - Long Win Bus was granted a new 10-year franchise by the Hong Kong government, effective from May 1, 2023, covering areas such as the airport, Hong Kong Disneyland, and AsiaWorld-Expo[87] - Long Win Bus, heavily impacted by COVID-19 due to its reliance on tourists, adjusted service levels in consultation with the Transport Department to match actual passenger demand[88] - Long Win Bus also supports 11 electronic payment methods through the "e度嘟" system, including BoC Pay, aligning with KMB's payment options[89] - Long Win Bus operates 39 routes by the end of 2022, with service adjustments made to routes in Tuen Mun and Yuen Long districts, including the E43 route, significantly reducing travel time between the North District and North Lantau[90] - Long Win Bus introduced 13 new double-decker buses with advanced safety features in 2022, and as of December 31, 2022, operates a fleet of 261 double-decker buses and 4 electric single-decker buses, with 192 double-decker buses being 12.8 meters long and wheelchair accessible[91] - The mechanical reliability of Long Win Bus reached 249,086 km:1 in 2022, with a fleet operational capability of 101.70%[95] - Long Win Bus's fleet consists of over 95.09% Euro V or above and electric buses after transferring 5 buses in 2022[93] - Long Win Bus's fleet increased from 256 buses (252 double-decker and 4 single-decker electric) at the beginning of 2022 to 265 buses (261 double-decker and 4 single-decker electric) by the end of 2022, with 14 buses added and 5 disposed of during the year[94] - Sun Bus Group implemented flexible schedules and enhanced cleaning measures in response to the fifth wave of COVID-19, and plans to invest in Euro VI buses with driving monitoring and assistance systems in 2023[99] - Shenzhen Bus Group's passenger volume decreased by 28.3% from 544.1 million in 2021 to 389.9 million in 2022 due to the COVID-19 pandemic[103] - Shenzhen Bus Group operates a fleet of over 5,600 buses and more than 4,800 taxis, and was the first to achieve full electrification of its bus fleet in 2017[103] - The company launched new bus routes, including 67A, 78B, 93P, 96, 290E, and 298X, to improve connectivity and provide faster services to new residential areas and key business districts[171] - The company has upgraded over 600 buses with sliding ventilation windows to enhance air circulation and passenger comfort[173] - The company has installed solar power devices at 2,000 bus stops to promote green energy and power lighting systems[173] - The company has equipped 4,065 buses with real-time information displays and installed 1,260 bus shelters with screens showing estimated arrival times[173] - The company has retrofitted approximately 260 buses with dual wheelchair spaces and introduced new foldable wheelchair armrests on over 90 buses to improve accessibility and safety for wheelchair users[174] - The company has installed 2,250 seats at bus shelters, terminals, and interchange stations to accommodate elderly, disabled, and child-carrying passengers[175] - The company has initiated a 5G upgrade for its entire bus fleet, providing free 5G Wi-Fi services to passengers, enhancing their travel experience with high-speed and stable internet connectivity[172] - The company has introduced energy-efficient LED lighting and variable-speed air conditioning compressors on 3,790 buses and 257 Long Win buses, optimizing energy use and improving cabin comfort[173] - KMB launched a regional short-haul fare discount program covering 55 routes and 92 card readers, offering fares ranging from HKD 3.8 to HKD 5 for intra-district travel[176] - KMB expanded its "KMB Discount Stations" to include new locations in Tsim Sha Tsui, Yuen Long, and Tin Shui Wai, providing up to HKD 4 fare discounts[176] - ICBC•KMB UnionPay Dual Currency Cardholders can enjoy up to 20% fare rebates on KMB and Long Win buses, while Citibank cardholders receive a 15% annual fare rebate[176][178] - KMB introduced a "Buy 3 Get 1 Free" promotion for monthly passes, offering an HKD 780 Octopus rebate, and extended the promotion to the second half of 2022[180] - KMB launched a student-exclusive "Buy 2 Get 1 Free" promotion for monthly passes, providing an HKD 780 Octopus rebate for students[180] - KMB and Long Win established 23 interchange stations, covering most KMB routes, and introduced a new Ma On Shan interchange network covering 14 routes with up to HKD 10 transfer discounts[179][182] - KMB renovated multiple interchange stations in 2022, improving signage and platform numbering for better passenger experience[179] - KMB's monthly pass is applicable to over 400 routes, offering daily rides of 10 KMB trips and 2 B1 route trips for HKD 780[180] - KMB and Long Win buses are equipped with CCTV systems to enhance passenger and driver safety, with all new buses since 2015 including front-facing cameras as standard[181] - KMB's App1933 provides real-time bus route information and estimated arrival times, enhancing passenger convenience[182] Employee Welfare and Training - KMB partnered with Hong Kong Metropolitan University to provide internship opportunities and short-term career-oriented courses for students[30] - The company provided competitive salary and benefits, including paid annual leave, medical benefits, hospitalization insurance, accident insurance, and free bus rides for employees and their families[185] - Over 400 children of employees benefited from the Employee Children Scholarship Program as of December 31, 2022[185] - The company launched a series of health activities in 2022, including health lectures, free health books, and healthy menus in employee canteens[185] - A total of 10 automated external defibrillators (AEDs) were installed at major bus stations and depots in 2022 for public and employee use[187] - The company established the KMB Academy in early 2022, merging the KMB Driver Training School and KMB Technical Training School to enhance employee training[189] - Three KMB apprentices won awards in the Vocational Training Council's "Best Automotive Apprentice Competition" in 2022[189] - The company offered diverse learning opportunities, including internal classroom training and online courses, to help employees stay updated with industry trends[190] - A 24/7 counseling hotline was set up to support employees' mental health during the COVID-19 pandemic[186] - The company improved employee rest facilities, including the "Club1933" recreation area at Kowloon Bay and Lai Chi Kok depots[185] - The company organized various activities, such as the "Employee Appreciation Month," to foster a supportive work culture[185] - 274 drivers were commended for outstanding safety and service performance in 2022[191] - 28 employees received the 35-year service award, 121 received the 30-year service award, and 168 received the 20-year service award[191] - 100 drivers were awarded the GreenRoad Safety and Eco-Driving Excellence Award, with 10 receiving a cash prize of HKD 10,000[191] - Over 390 employees, including retirees, were awarded for long-term service and excellent performance[191] Customer Engagement and Safety - The company held 12 passenger liaison group meetings across different regions to collect customer feedback[199] - The company participated in the Hong Kong Book Fair and set up pop-up stores in Kwun Tong and Sham Shui Po to promote services[199] - The company organized four free ride days in collaboration with business partners and sponsors[199] - The company's Facebook page reached over 187,000 followers, and Instagram reached over 625,000 account interactions by December 2022[200] - Over 86.50% of drivers achieved outstanding performance in the GreenRoad Safety and Eco-Driving Excellence Awards[124] - Diesel usage decreased by 6.17% in 2022[124] - The mechanical reliability of KMB's fleet reached 109,094 km:1, while Long Win's fleet reached 249,086 km:1 in 2022[129] - KMB's fleet operational capacity reached 103.08%, and Long Win's reached 101.70% in 2022[129] - The company collaborated with 408 local suppliers and 34 non-local suppliers in 2022, with 88.00% of expenditures on local suppliers[123] - Non-Chinese, disabled, and retired employees accounted for 17.60% of the total workforce[124] - Over 20,000 hours of volunteer service were recorded in 2022[124] - The company implemented an environmental and sustainable procurement policy[124] - The company's safety committees held 336 meetings, achieving a 100% participation rate[129] - The company's ISO45001-certified Occupational Health and Safety Management System covers 12,122 employees and contractors[129] - GreenRoad driver feedback system reduced average accident rate by approximately 19.85%, with over 86.50% of drivers achieving a safe satisfaction level[134] - Over 90 buses equipped with new ret

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布的內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公布全部或任何部分內 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。 Transport International Holdings Limited （載通國際控股有限公司）* （於百慕達註冊成立之有限公司） （股份編號： 6 2 ） 2022 年度業績公布 | --- | --- | --- | |-------|----------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Financial Performance - The company reported a loss attributable to shareholders of HKD 94.5 million for the six months ended June 30, 2022, compared to a profit of HKD 20.2 million for the same period in 2021, representing a negative variance of HKD 114.7 million[3]. - Kowloon Bus (1933) Limited recorded a post-tax loss of HKD 139.1 million for the six months ended June 30, 2022, compared to a post-tax loss of HKD 36.9 million for the same period in 2021, a negative variance of HKD 102.2 million[4]. - Long Win Bus Company recorded a post-tax loss of HKD 25.4 million for the six months ended June 30, 2022, compared to a profit of HKD 2.7 million for the same period in 2021, a negative variance of HKD 28.1 million[5]. - Revenue for the six months ended June 30, 2022, was HKD 2,946.7 million, a decrease of 13.5% compared to HKD 3,408.8 million for the same period in 2021[43]. - Operating loss for the period was HKD 173.5 million, compared to an operating profit of HKD 17.0 million in the previous year[43]. - The company incurred a net cash outflow from operating activities of HKD 182.6 million, a decline from a cash inflow of HKD 215.1 million in the same period of 2021[49]. - The company reported a net loss for the period of HKD 94.5 million, a significant decline from a profit of HKD 20.2 million in the same period last year, highlighting the impact of operational challenges[56]. Revenue and Income - Fare revenue for Kowloon Bus was HKD 2.5723 billion, a decrease of HKD 403.8 million or 13.6% compared to HKD 2.9761 billion in the same period of 2021, primarily due to a significant drop in passenger volume caused by the fifth wave of COVID-19[4]. - Fare revenue for Long Win Bus was HKD 139.4 million, a decrease of HKD 17.9 million or 11.4% compared to HKD 157.3 million in the same period of 2021[5]. - Other income increased significantly to HKD 359.6 million, up from HKD 135.1 million, representing a growth of 166.5%[43]. - Revenue from the franchised public bus service was HKD 2,711.3 million, down 13.5% from HKD 3,133.0 million in the previous year[57]. - The company’s property holding and development segment reported revenue of HKD 25.4 million, a slight increase from HKD 23.8 million in the previous year[54]. Dividends and Shareholder Returns - The company did not recommend the declaration of an interim dividend for the six months ended June 30, 2022, and 2021[4]. - The company approved a dividend of HKD 232.6 million for the previous year, reflecting its commitment to returning value to shareholders despite recent losses[48]. - The company paid dividends to equity holders amounting to HKD 116.8 million, compared to HKD 109.4 million in the previous year, indicating a commitment to shareholder returns despite financial challenges[50]. Assets and Liabilities - Total assets as of June 30, 2022, amounted to HKD 17,735.3 million, an increase from HKD 17,186.5 million at the end of 2021[46]. - Current liabilities decreased to HKD 2,354.3 million from HKD 2,759.5 million, indicating improved liquidity[46]. - Non-current liabilities increased to HKD 4,595.3 million from HKD 3,507.8 million, reflecting higher long-term debt obligations[46]. - The company’s total equity decreased to HKD 13,140.0 million from HKD 13,678.7 million, indicating a reduction in shareholder value[46]. Capital Expenditure and Investments - The group's capital expenditure for the six months ended June 30, 2022, was HKD 668.7 million, a decrease from HKD 978.4 million in the same period of 2021[12]. - The company invested HKD 1,217.9 million in investing activities for the six months ended June 30, 2022, compared to HKD 481.6 million in the same period of 2021[49]. - The group purchased property, plant, and equipment for HKD 349.5 million during the six months ended June 30, 2022, down from HKD 615.7 million in the same period of 2021[69]. Debt and Financing - The group's net debt as of June 30, 2022, was HKD 2.7391 billion, an increase from HKD 1.8950 billion on December 31, 2021[14]. - The group’s cash and cash equivalents decreased to HKD 303.1 million from HKD 796.3 million in the previous year, indicating a liquidity contraction[50]. - The company reported a significant increase in new bank loans, totaling HKD 3,190.0 million, compared to HKD 1,500.0 million in the same period last year[50]. Operational Efficiency and Future Outlook - The group plans to expand its electric bus fleet, with 52 double-decker electric buses ordered, aiming for one-eighth of the fleet to be electric by 2025[21]. - The group has initiated the installation of approximately 30,000 solar panels by the end of 2023 to promote renewable energy usage[21]. - The group anticipates a recovery in passenger volume as COVID-19 restrictions ease, with ongoing projects expected to provide stable returns for shareholders[22]. - The board of directors remains optimistic about long-term growth, emphasizing a commitment to shareholder value and strategic investments[86]. Shareholder Information - As of June 30, 2022, the total number of shares held by directors amounted to 35,182,018, representing 7.408% of the issued shares[25]. - The company has a total of 3,317,532 shares held in private trusts by director Lei Zhongyuan and his family members[26]. - The company’s directors collectively hold a significant portion of shares, indicating strong insider ownership and alignment with shareholder interests[25]. Stock Options and Director Interests - The company has not granted any stock options under its stock option plan during the six months ending June 30, 2022[29]. - The stock options plan was adopted on May 26, 2016, allowing the board to grant options to employees for a period of ten years[29]. - The total number of stock options granted to various directors is 3,675,000, with a vesting period starting from November 19, 2021, until November 18, 2025[30]. - The company has no non-beneficial interests held by directors in the company's share capital as of June 30, 2022[27].

Sustainability and Environmental Goals - The company aims for its entire fleet to use new energy by 2050, aligning with carbon neutrality policies from the government[3]. - KMB aims to achieve carbon neutrality by 2050, with a long-term goal of converting its entire fleet to new energy buses[46]. - The group plans to purchase 500 electric buses over the next five years, which will account for one-eighth of the current fleet of over 4,000 buses[46]. - KMB plans to have a total of 82 electric buses in service by the end of 2023, with a roadmap to fully electrify its fleet by 2050[54]. - The company is actively exploring energy-saving solutions to enhance energy efficiency and contribute to carbon neutrality in Hong Kong[53]. - KMB plans to install 22,000 solar panels across its facilities, generating over 10 million kWh of renewable energy and reducing carbon emissions by up to 5,400 tons annually[46]. - The company has installed over 3,500 solar photovoltaic panels at bus depots and stations to enhance renewable energy use and reduce greenhouse gas emissions[192]. - The company has introduced electric patrol vehicles and established charging facilities at major depots to support environmental performance[189]. - The company has implemented a waste management strategy that includes recycling and responsible disposal of various waste types, including wastewater and chemical waste[198]. - The company has adopted a mileage-based oil change program, resulting in a 40% reduction in oil consumption and waste oil generation[191]. Financial Performance - Revenue for the year ended December 31, 2021, was HKD 7,202.0 million, representing a 16% increase from HKD 6,190.9 million in 2020[29]. - Profit attributable to equity holders of the company decreased by 40% to HKD 245.0 million from HKD 408.6 million in the previous year[29]. - The company's equity attributable to equity holders increased by 4% to HKD 13,678.7 million from HKD 13,186.3 million[29]. - The net debt increased by 140% to HKD 1,895.0 million from HKD 788.8 million in the previous year[29]. - The year-end share price was HKD 12.80, down 15% from HKD 14.98 in 2020[34]. Operational Efficiency and Service Quality - The group operates over 4,000 buses, covering 423 routes in Hong Kong, making it the largest public bus operator in the region[9]. - The group is focused on enhancing operational efficiency and service quality through the introduction of innovative technologies[6]. - The company has established a comprehensive management framework to monitor daily operations and long-term investments[3]. - The company emphasizes risk management to address climate and social changes, ensuring positive value for shareholders and stakeholders[3]. - The company has implemented electronic payment systems across over 4,000 buses, enhancing cashless payment options for passengers[49]. - The company has implemented various measures to minimize environmental impact, including waste reduction, recycling, and compliance with local environmental regulations[166]. Community Engagement and Social Responsibility - The company is committed to corporate social responsibility, providing job opportunities for individuals with special learning needs and promoting community support for the elderly[54]. - KMB organized free ride days for seniors in December 2021, allowing them to travel for free on designated routes, demonstrating community engagement[65]. - The company actively participates in community activities and utilizes various platforms to engage with the public on sustainability issues[138]. - The company has established various channels for stakeholder communication, including mobile apps and social media platforms[134]. Innovation and Technology - The company is collaborating with SmarTone and Teksbotics to explore the introduction of a 5G autonomous driving system in Hong Kong[38]. - The company has implemented advanced technologies to reduce roadside emissions, including the use of near-zero sulfur diesel and the acquisition of the latest low-emission bus models[189]. - The introduction of the GreenRoad driver feedback system has led to a reduction in the fleet's average accident rate by approximately 10%, with over 80% of drivers achieving a satisfactory safety level[153]. - The driving monitoring system utilizes image processing and advanced facial recognition technology to detect driver alertness, providing immediate alerts in case of fatigue[154]. Governance and Compliance - The board consists of 9 non-executive directors, 5 independent non-executive directors, and 1 executive director, ensuring strong corporate governance[131]. - The group has implemented a systematic enterprise risk management system, submitting key risk performance indicator reports to the audit and risk management committee three times a year[131]. - The group adheres strictly to the Hong Kong Employment Ordinance, prohibiting child labor and forced labor in any form[132]. - The group has established a whistleblowing policy to encourage reporting of misconduct, with no reported incidents of corruption during the reporting period[133]. Challenges and Future Outlook - KMB has faced challenges due to the pandemic, with expectations that bus passenger volume and revenue will not return to pre-pandemic levels in the short term[51]. - The company acknowledges the impact of government regulations on its financial performance, particularly regarding fare adjustments which require government approval[57]. - Fuel price fluctuations represent a significant financial risk, impacting the company's cost structure and overall financial stability[58].