Financial Performance - The total revenue for the year ended December 31, 2024, was approximately HKD 51,900,000, representing a 74.8% increase from HKD 29,688,000 in 2023[9] - The net loss for the year was approximately HKD 16,111,000, compared to a loss of HKD 12,567,000 in 2023, primarily due to increased administrative expenses related to business expansion[9] - The company's revenue increased by 74.8% from HKD 29,688,000 for the year ended December 31, 2023, to HKD 51,900,000 for the current year[44] - The net asset value improved from HKD 42,579,000 as of December 31, 2023, to HKD 48,220,000 as of December 31, 2024, indicating enhanced financial stability[44] - The company recorded an operating loss despite the revenue growth, highlighting ongoing challenges in operational efficiency[44] Assets and Liabilities - Total assets as of December 31, 2024, were approximately HKD 64,275,000, up from HKD 57,913,000 in 2023[17] - Total liabilities increased to approximately HKD 16,055,000 as of December 31, 2024, from HKD 15,334,000 in 2023, mainly due to an increase in trade and other payables[17] - The net current assets as of December 31, 2024, were approximately HKD 40,612,000, compared to HKD 34,283,000 in 2023[18] - The cash and cash equivalents as of December 31, 2024, were approximately HKD 22,906,000, down from HKD 37,986,000 in 2023[18] - The debt-to-asset ratio as of December 31, 2024, was 15.6%, compared to 17.3% in 2023[18] Capital Expenditures and Funding - The group has committed capital expenditures of approximately HKD 4,107,000 as of December 31, 2024, up from HKD 3,695,000 in 2023[22] - The net proceeds from the 2023 placement amounted to approximately HKD 7,080,000, fully utilized for general working capital[25] - The total amount raised from the 2024 rights issue was approximately HKD 19,780,000, with a net amount of about HKD 17,400,000 allocated for energy-saving projects and general working capital[26] - The net proceeds from the 2024 placement were approximately HKD 4,560,000, intended for the electric vehicle charging business[29] - The company plans to use approximately HKD 8,000,000 from the 2024 rights issue for existing and new energy-saving projects[26] Share Capital and Options - The total number of shares increased to 203,446,544 as of December 31, 2024, compared to 113,028,363 shares in 2023, following the completion of a rights issue and a placement of new shares[19] - The share placement price for the 2024 placement was set at HKD 0.138 per share, with the closing price on October 25, 2024, being HKD 0.152[29] - The new share option plan was adopted on June 2, 2023, and is valid for ten years, expiring on June 1, 2033[85] - The maximum number of shares that can be issued upon exercise of all options under the new plan is capped at 10% of the issued shares as of the date of shareholder approval[88] - The company aims to attract and retain talented employees through the share option plan, which includes various eligible participants[85] Governance and Management - The board of directors includes experienced professionals with extensive backgrounds in finance and engineering, enhancing governance and strategic oversight[40] - The company has not appointed a chairman or chief executive officer, with roles shared among four executive directors[126] - The board consists of seven members, including four executive directors and three independent non-executive directors[128] - The company has adhered to the corporate governance code throughout the year, with some deviations noted[120] - The board is responsible for evaluating the effectiveness of the group's internal control and risk management systems[162] Risk Management - The management has identified operational risks that cannot be completely eliminated, emphasizing the need for effective risk management strategies[48] - Credit risk assessments are conducted for loan financing, including background checks on potential clients and evaluation of repayment sources[49] - The company has a structured approach to managing operational risks through standard operating procedures and internal controls[48] - The group faces credit risk despite conducting credit assessments, with monthly monitoring of loan repayment status by the finance department[51] - The board believes that the risk management and internal control systems are reasonable and effective for the current year[166] Environmental and Social Responsibility - The company aims to integrate environmental and social goals into its business operations and decision-making processes[184] - The board is responsible for overseeing environmental, social, and governance matters and regularly reviews related risks and performance[187] - The company is committed to ethical business practices and aims to provide a safe and healthy work environment for employees[181] - The company focuses on providing energy-efficient solutions through the design and implementation of ultra-high-performance device control systems[189] - The company continues to advocate for energy-saving and water-saving behaviors as part of its overall environmental management agenda[200] Employee and Operational Metrics - The total employee cost for the year was approximately HKD 8,992,000, an increase from about HKD 6,616,000 in 2023, with a total of 27 employees as of December 31, 2024[24] - The number of employees rose from 20 in 2023 to 27 in 2024, leading to a decrease in energy consumption intensity per employee by 10%[190] - Greenhouse gas emissions intensity per employee increased by 209%, from 0.43 tons CO2 equivalent in 2023 to 1.33 tons CO2 equivalent in 2024[192] - The company encourages employees to use electronic documents instead of paper, resulting in an increase in paper consumption per employee from approximately 5.50 kg in 2023 to about 14.87 kg in the current year[196] - The company promotes water conservation practices among employees, although specific water usage data is not available due to the nature of its office operations[197]

Financial Performance - Total revenue for the year ended December 31, 2024, was HKD 51,900,000, representing an increase of 74.8% compared to HKD 29,688,000 in 2023[2] - Operating loss for the year was HKD 15,259,000, compared to a loss of HKD 11,791,000 in the previous year, indicating a worsening operational performance[2] - The total comprehensive loss for the year was HKD 16,636,000, up from HKD 13,199,000 in 2023, reflecting increased financial challenges[3] - Basic and diluted loss per share improved slightly to HKD 0.10 from HKD 0.12 year-on-year[3] - The group reported a pre-tax loss of HKD 852,000 for the year ended December 31, 2024, compared to a pre-tax loss of HKD 776,000 in 2023, reflecting an increase in losses of approximately 9.8%[28] - The company reported a loss of approximately HKD 16,111,000 for the year, compared to a loss of HKD 12,567,000 in 2023, primarily due to increased administrative expenses related to business expansion[53] Revenue Segments - For the fiscal year ending December 31, 2024, the total segment revenue was HKD 51,900,000, an increase from HKD 29,688,000 in the previous year, representing a growth of approximately 74.8%[17] - Revenue from energy-saving solutions for the year ended December 31, 2024, was HKD 50,741,000, compared to HKD 28,970,000 in 2023, indicating a growth of about 75.2%[26] - The segment revenue for the energy business increased from HKD 29,679,000 to HKD 51,033,000, indicating a growth of approximately 72.3% year-over-year[17] - The group’s revenue from mainland China for the year ended December 31, 2024, was HKD 47,613,000, up from HKD 29,679,000 in 2023, indicating a growth of approximately 60.5%[24] Assets and Liabilities - Total assets as of December 31, 2024, amounted to HKD 64,275,000, with segment assets for the energy business at HKD 33,798,000 and loan financing business at HKD 6,756,000[19] - Total liabilities as of December 31, 2024, were HKD 16,055,000, with the energy business liabilities at HKD 5,078,000 and loan financing business at HKD 204,000[19] - Total liabilities increased to approximately HKD 16,055,000 as of December 31, 2024, compared to approximately HKD 15,334,000 in 2023, primarily due to an increase in trade and other payables[61] - Net current assets as of December 31, 2024, were approximately HKD 40,612,000, up from approximately HKD 34,283,000 in 2023[62] Cash and Liquidity - The company reported a cash and bank balance of HKD 22,906,000, down from HKD 37,986,000, highlighting liquidity concerns[4] - Cash and cash equivalents as of December 31, 2024, were approximately HKD 22,906,000, down from approximately HKD 37,986,000 in 2023[62] Capital and Equity - Total equity increased to HKD 48,220,000 from HKD 42,579,000, indicating a stronger capital position[5] - The total number of shares increased to 203,446,544 as of December 31, 2024, from 113,028,363 shares in 2023 due to the completion of rights issues and placements[63] - The company completed a rights issue on March 28, 2024, issuing 56,514,181 shares at a subscription price of HKD 0.35 per share, raising approximately HKD 17,697,000 after costs[53] Expenses and Provisions - The group recognized a provision for expected credit losses on contract assets of HKD 1,443,000 for the year ended December 31, 2024, compared to HKD 22,000 in 2023, showing a significant increase in provisions[28] - The group had a total depreciation expense of HKD 864,000 for property, plant, and equipment and right-of-use assets for the year ended December 31, 2024, compared to HKD 260,000 in 2023, representing an increase of approximately 231.5%[28] - Employee costs for the year amounted to approximately HKD 8,992,000, an increase from approximately HKD 6,616,000 in 2023, with a total of 27 employees as of December 31, 2024[68] Strategic Focus and Future Outlook - The company is focused on energy-saving solutions and financing services, with no significant new product launches or acquisitions reported during the period[6] - The company plans to continue its energy-saving business in mainland China, Hong Kong, and Macau, and is exploring strategic partnerships to accelerate growth[58] - The company anticipates favorable conditions for its energy-saving business due to economic recovery policies in mainland China[58] - The company expects a rapid increase in electric vehicle numbers in Hong Kong due to government incentives, which will drive demand for electric vehicle charging stations[59] Compliance and Reporting - The company has submitted its financial statements for the year ending December 31, 2023, to the Hong Kong Companies Registry[11] - The independent auditor has issued a report on the financial statements with no reservations or matters to draw attention to[78] - The company has complied with the requirements of the Companies Ordinance regarding the submission of financial statements to the Companies Registry[78]

CCIAM Future Energy Limited 信 能 低 碳 有 限 公 司 (股份代號：145) 2024 中 期 報 告 目錄 | --- | --- | |------------------------------|-------| | | 頁次 | | 公司資料 | 2 | | 簡明綜合損益及其他全面收益表 | 3 | | 簡明綜合財務狀況表 | 4 | | 簡明綜合權益變動表 | 5 | | 簡明綜合現金流量表 | 6 | | 簡明綜合財務報表附註 | 7 | | 管理層討論及分析 | 23 | | 披露其他資料 | 28 | 信能低碳有限公司 二零二四年中期業績報告 2 公司資料 | --- | |------------| | | | | | | | 董事會 | | 執行董事 | | 鄭聿恬先生 | | 張國龍先生 | | 莫贊生先生 | | 庄苗忠先生 | 獨立非執行董事 李黎明女士 楊偉雄先生 袁慧敏女士 審核委員會 袁慧敏女士（主席） 李黎明女士 楊偉雄先生 提名委員會 袁慧敏女士（主席） 李黎明女士 楊偉雄先生 薪酬委員會 袁慧敏女士（主席） 李黎明女士 楊偉雄先生 核數師 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 10,262,000, a decrease of 33.5% compared to HKD 15,377,000 for the same period in 2023[1] - The net loss for the period was HKD 8,908,000, compared to a net loss of HKD 6,186,000 in the previous year, representing a 43.9% increase in losses[2] - Total comprehensive loss for the period was HKD 9,353,000, up from HKD 7,112,000, indicating a 31.2% increase[2] - The basic and diluted loss per share for the period was HKD 0.063, slightly down from HKD 0.067 in the previous year[2] - The group recorded a loss of approximately HKD 8,908,000 for the six months ended June 30, 2024, compared to a loss of HKD 6,186,000 in 2023, indicating an increase in losses of 43.9%[35] Revenue Breakdown - For the six months ending June 30, 2024, the total revenue from the energy solutions business was HKD 10,016,000, while the loan financing business generated HKD 246,000, resulting in a total revenue of HKD 10,262,000[8] - The company reported a significant decrease in customer contract revenue from energy solutions, which fell to HKD 10,016,000 for the six months ending June 30, 2024, compared to HKD 15,377,000 for the same period in 2023, representing a decline of approximately 35.5%[11] - Revenue from external customers in mainland China was HKD 6,596,000, while revenue from Hong Kong and Macau was HKD 3,666,000 for the six months ending June 30, 2024[10] Cost Management - Operating costs decreased to HKD 8,626,000 from HKD 14,589,000, reflecting a reduction of 40.6%[1] - The total administrative expenses allocated for the period were HKD 4,186,000, reflecting the company's ongoing operational costs[8] - The company reported a decrease in interest expenses from other borrowings, which fell to HKD 400,000 for the six months ending June 30, 2024, down from HKD 630,000 in the previous year[13] Assets and Liabilities - Current assets increased to HKD 64,722,000 from HKD 49,399,000, a rise of 30.9%[3] - Current liabilities rose to HKD 18,471,000 from HKD 15,116,000, an increase of 22.5%[3] - The company's total equity increased to HKD 50,923,000 from HKD 42,579,000, reflecting a growth of 19.5%[4] - As of June 30, 2024, the total assets increased to approximately HKD 69,479,000, up from HKD 57,913,000 as of December 31, 2023, representing an increase of 20%[40] - Total liabilities as of June 30, 2024, rose to approximately HKD 18,556,000, compared to HKD 15,334,000 as of December 31, 2023, marking an increase of 21.5%[40] Credit Management - The expected credit loss provisions for accounts receivable amounted to HKD 88,000 for the energy solutions business and HKD 321,000 for loan receivables, indicating a focus on managing credit risk[9] - The company recorded a total of HKD 624,000 in expected credit loss provisions for various receivables, highlighting the importance of credit management in its financial strategy[14] - The expected credit loss provision for accounts receivable was HKD 52,925 thousand as of June 30, 2024, compared to HKD 54,132 thousand as of December 31, 2023, showing a slight decrease[24] Shareholder Information - The company did not recommend any interim dividend for the six months ending June 30, 2024, consistent with the previous year[16] - The weighted average number of ordinary shares for calculating basic and diluted loss per share increased to 142,320 thousand shares in 2024 from 92,125 thousand shares in 2023, indicating a significant increase in share count[17] - The group issued 56,514,181 shares in a rights issue on March 28, 2024, raising approximately HKD 17,697,000 after deducting transaction costs[34] Strategic Initiatives - The company aims to install approximately 200 electric vehicle chargers to meet the growing demand for charging infrastructure in Hong Kong[39] - The group continues to explore strategic partnerships to accelerate the development of its energy-saving business in mainland China, Hong Kong, and Macau[39] - The company is actively seeking opportunities in the green technology sector to align with market demands[39] Governance and Compliance - The audit committee has reviewed and approved the unaudited interim financial statements for the six months ending June 30, 2024[57] - The current board consists of experienced executive and independent non-executive directors, ensuring a balance of power and responsibilities[56] - The company has not appointed a chairman or key executives, with roles being fulfilled collectively by the executive directors[56]

Financial Performance - The total revenue for the year ended December 31, 2023, was approximately HKD 29,688,000, representing a 27% increase from HKD 23,306,000 in 2022[4] - The loss for the year improved to approximately HKD 12,567,000, a 76% reduction from HKD 51,972,000 in 2022[4] - Revenue from energy-saving solutions in China increased by 27% to approximately HKD 29,679,000, compared to HKD 23,306,000 in 2022[5] - The loss in the energy-saving solutions segment decreased by 89% to approximately HKD 4,967,000 from HKD 44,131,000 in 2022[5] - The company's revenue increased by 27% from HKD 23,306,000 for the year ended December 31, 2022, to HKD 29,688,000 for the year ended December 31, 2023[43] Assets and Liabilities - As of December 31, 2023, the total assets of the group were approximately HKD 57,913,000, a decrease from HKD 60,171,000 in 2022, primarily due to a reduction in prepaid expenses by approximately HKD 10,858,000 and a decline in finance lease receivables by HKD 1,797,000[13] - The total liabilities of the group decreased to approximately HKD 15,334,000 as of December 31, 2023, down from HKD 40,726,000 in 2022, mainly due to loan repayments and recognition of contract liabilities as sales[13] - The net current assets of the group as of December 31, 2023, were approximately HKD 34,283,000, significantly up from HKD 8,035,000 in 2022[15] - Cash and bank balances increased to approximately HKD 37,986,000 as of December 31, 2023, compared to HKD 26,985,000 in 2022[15] - The debt-to-asset ratio as of December 31, 2023, was 17.3%, a decrease from 37.2% in 2022, with other borrowings at HKD 10,000,000[15] Share Capital and Financing - The company issued a total of 313,998,544 rights shares and 188,288,000 new shares in 2023, increasing the total issued ordinary shares to 1,130,283,633 as of December 31, 2023, from 627,997,089 in 2022[16] - The net proceeds from the rights issue completed on January 16, 2023, were approximately HKD 29,200,000, allocated for repaying outstanding borrowings and funding existing and new energy-saving projects[23] - The company completed a placement of 188,288,000 new shares at a price of HKD 0.04 per share, raising approximately HKD 7,080,000 for general working capital[24] - A share consolidation will take effect on February 8, 2024, consolidating every ten existing shares into one new share[26] - The company proposed a rights issue on January 18, 2024, offering one new share for every two existing shares at a subscription price of HKD 0.35 per share[27] Employee and Operational Metrics - The total employee cost for the year ended December 31, 2023, was approximately HKD 6,616,000, compared to HKD 6,399,000 in 2022, with an increase in the number of employees from 14 to 20[20] - The company employed a total of 21 employees in 2023, an increase from 19 in 2022, with a gender breakdown of 15 males and 5 females[186] - Employee turnover rate decreased significantly from approximately 36% in 2022 to about 5% in 2023, with 1 female employee leaving in 2023[192] - The average training hours per employee decreased from approximately 13 hours in 2022 to about 9 hours in 2023, with a total of 172 training hours provided in 2023[200] - The company maintained a high standard of health and safety, with no work-related fatalities reported in the past three years[197] Environmental and Social Responsibility - The company is committed to environmental protection policies and practices, including energy-saving measures in the office[56] - The company aims to reduce greenhouse gas emissions and improve waste management as part of its environmental goals[164] - Energy consumption increased from 5,342 kWh in 2022 to 10,080 kWh in 2023, representing an 89% increase[173] - Greenhouse gas emissions rose from approximately 4.45 tons of CO2 equivalent in 2022 to 8.60 tons in 2023, a 90% increase[175] - The company produced no hazardous waste during the year, with total non-hazardous waste decreasing by 7% from 23,624 kg in 2022 to 21,987 kg in 2023[177] Corporate Governance - The company has adopted the corporate governance code and complied with its principles, with some deviations noted regarding the roles of the chairman and CEO[109] - The board consists of seven directors, including four executive directors and three independent non-executive directors[116] - The company has established three committees: the Nomination Committee, the Remuneration Committee, and the Audit Committee, each with defined terms of reference[124] - The Nomination Committee is composed of three independent non-executive directors, ensuring independent oversight in director appointments[126] - The audit committee is tasked with ensuring the coordination of the internal audit function and the work of the external auditor[143] Risk Management - The company has established risk management procedures to address all significant risks related to its business[149] - The board is responsible for evaluating the nature and extent of risks the group is willing to take to achieve its strategic objectives[149] - The internal control and risk management systems are designed to minimize potential losses related to business risks[151] - The external consultant engaged for internal audit functions did not identify any significant deficiencies in the internal control system during the year[151] - The audit committee discussed the effectiveness of the overall internal control and risk management systems, including financial, operational, and compliance controls[146]

Financial Performance - Revenue for the year ended December 31, 2023, was HKD 29,688,000, representing a 27.5% increase from HKD 23,306,000 in 2022[2] - Gross profit decreased to HKD 1,919,000 in 2023 from HKD 2,360,000 in 2022, reflecting a decline of 18.6%[2] - Operating loss improved significantly to HKD 11,791,000 in 2023 from HKD 49,911,000 in 2022, a reduction of 76.4%[2] - Net loss for the year was HKD 12,567,000, down from HKD 51,972,000 in 2022, indicating a 75.8% improvement[3] - The company reported a basic and diluted loss per share of HKD 0.12 for 2023, compared to HKD 0.75 in 2022, reflecting an 84% improvement[3] - The company did not recommend any dividend payment for the year ended December 31, 2023, consistent with 2022[39] - The group recorded total revenue of approximately HKD 29,688,000 for the year ended December 31, 2023, representing a 27% increase from HKD 23,306,000 in 2022[65] - The loss for the year improved by 77%, amounting to approximately HKD 12,567,000 compared to HKD 51,972,000 in the previous year[65] Assets and Liabilities - Total assets less current liabilities increased to HKD 42,797,000 in 2023 from HKD 19,445,000 in 2022, a growth of 120.1%[5] - Cash and bank balances rose to HKD 37,986,000 in 2023, compared to HKD 26,985,000 in 2022, an increase of 40.7%[5] - As of December 31, 2023, total segment assets amounted to HKD 57,913 thousand, with energy business assets at HKD 24,219 thousand and financing business assets at HKD 2,167 thousand[24] - The total liabilities decreased to approximately HKD 15,334,000 as of December 31, 2023, from HKD 40,726,000 in 2022[79] - The debt-to-asset ratio as of December 31, 2023, was 17.3%, down from 37.2% in 2022, with other borrowings of HKD 10,000,000[81] Segment Performance - For the year ended December 31, 2023, the total segment revenue was HKD 29,688 thousand, with energy business contributing HKD 29,679 thousand and financing business contributing HKD 9 thousand[23] - The segment loss before tax for the year was HKD 12,567 thousand, with energy business loss at HKD 4,967 thousand and financing business loss at HKD 631 thousand[23] - Revenue from energy-saving solutions for 2023 was HKD 28,970,000, up 26.4% from HKD 22,918,000 in 2022[31] - The loss in the energy-saving solutions segment decreased by 89% to approximately HKD 4,967,000 from HKD 44,131,000 in 2022[66] Cash Flow and Financing - Financing costs for 2023 were HKD 2,061,000, a decrease from HKD 2,776,000 in 2022[33] - The company issued 313,999,544 rights shares in January 2023, raising approximately HKD 29,248,000 for debt repayment and operational funding[59] - The company completed a rights issue of 313,998,544 shares and a placement of 188,288,000 shares in 2023, increasing the total issued ordinary shares to 1,130,283,633 as of December 31, 2023, from 627,997,089 in 2022[82] Strategic Focus and Future Outlook - The company is focused on energy-saving solutions and financing services, indicating potential for future growth in these sectors[8] - The group plans to continue its energy-saving solutions services in mainland China, benefiting from the economic recovery post-COVID-19, with GDP growth recorded at 5.2% in 2023[76] - The group is exploring opportunities in energy-saving projects in Hong Kong and overseas, including a contract for insulation coating services in Hong Kong and Macau[76] - The group has adopted a cautious approach in the loan financing business due to market uncertainties but anticipates higher returns in the current high-interest-rate environment[73] - Future outlook includes potential market expansion and investment in new technologies to drive growth[104] Compliance and Governance - The company has implemented revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the financial statements for the year[9] - The auditor's report for the year ended December 31, 2023, was unqualified, indicating no significant issues were raised[15] - The board of directors includes executive directors Zheng Yutian, Zhang Guolong, Mo Zansheng, and Zhuang Miao Zhong, as well as independent non-executive directors Li Liming, Yang Weixiong, and Yuan Huimin[105] - The board is dedicated to maintaining transparency and effective communication with stakeholders[105] Operational Changes - The company has made accounting policy changes related to the cancellation of the offset mechanism for long service payments, which may affect future liabilities[11] - The company recognized government subsidies related to COVID-19 amounting to approximately HKD 72,000 for the year ended December 31, 2022[32] - The company has not early adopted any of the recently issued but not yet effective Hong Kong Financial Reporting Standards, which are expected to have no significant impact on the consolidated financial statements in the foreseeable future[13] Employee and Organizational Changes - The total employee cost for the year ended December 31, 2023, was approximately HKD 6,616,000, compared to HKD 6,399,000 in 2022, with an increase in the number of employees from 14 to 20[87] - The company plans to implement a share consolidation effective February 8, 2024, consolidating every ten existing shares into one new share[88]

Financial Performance - Revenue for the six months ended June 30, 2023, was HKD 15,377,000, a significant increase from HKD 1,776,000 in the same period of 2022, representing an increase of 767%[6] - Gross profit for the same period was HKD 788,000, compared to HKD 511,000 in 2022, reflecting a growth of 54%[6] - Operating loss decreased to HKD 5,541,000 from HKD 6,446,000 year-over-year, showing an improvement of 14%[6] - Loss before tax for the period was HKD 6,186,000, down from HKD 8,500,000 in the previous year, indicating a reduction of 27%[6] - Total comprehensive loss for the period was HKD 7,112,000, compared to HKD 9,916,000 in 2022, a decrease of 28%[8] - The company reported a basic and diluted loss per share of HKD 0.67 for the first half of 2023, compared to HKD 1.62 in the same period of 2022[8] - The company reported a net loss of approximately HKD 6,186,000 for the six months ended June 30, 2023, compared to a net loss of approximately HKD 8,500,000 in the same period of 2022, indicating an improvement in financial performance[17] Assets and Liabilities - As of June 30, 2023, total assets less current liabilities amounted to HKD 41,584,000, up from HKD 19,445,000 at the end of 2022, an increase of 113%[11] - The company's total assets decreased to approximately HKD 52,699,000 as of June 30, 2023, down from approximately HKD 60,171,000 as of December 31, 2022[56] - Total liabilities decreased to approximately HKD 11,115,000 as of June 30, 2023, compared to approximately HKD 40,726,000 as of December 31, 2022[56] - The company’s equity increased to HKD 41,584,000 as of June 30, 2023, from HKD 19,445,000 at the end of 2022, reflecting a growth of 113%[11] Cash Flow - Cash and bank balances stood at HKD 26,653,000, slightly down from HKD 26,985,000 at the end of 2022[9] - Cash and cash equivalents at the end of the period were HKD 26,653,000, a significant increase from HKD 12,331,000 at the end of the previous year[14] - The company generated cash inflow of HKD 5,050,000 from the sale of subsidiaries during the reporting period[14] - The company’s cash flow from financing activities generated a net inflow of HKD 6,539,000, compared to a net outflow of HKD 176,000 in the previous period[14] - The company’s cash flow from operating activities showed a net outflow of HKD 11,749,000, worsening from a net outflow of HKD 6,521,000 in the previous year[14] Market and Business Strategy - The company plans to continue focusing on expanding its market presence and developing new technologies to enhance its product offerings[6] - The company aims to focus on new business in the green energy sector, including renewable energy projects and related solutions[75] - The company is actively seeking market opportunities to expand its network in various industries both in China and abroad[76] - The management remains cautiously optimistic about business improvement as 2023 progresses, focusing on securing new orders and enhancing profitability[77] Stock Options and Share Capital - The company issued 941,996,000 shares as of June 30, 2023, compared to 627,997,000 shares as of December 31, 2022, reflecting an increase in issued capital[42] - As of June 30, 2023, the company has issued a total of 116,203,500 stock options under the stock option plan, with an estimated fair value of approximately HKD 2,900,000[88] - The total number of stock options that may be granted under the plan, including those already granted but not exercised, amounts to 94,199,563 shares, representing 10% of the company's issued share capital[90] - The stock option plan was adopted on June 2, 2023, and is valid for a period of ten years[83] - The total number of stock options granted to directors amounts to 518,000, while employees received 2,382,000 in total[88] Financial Risks and Challenges - The company faces potential foreign exchange risks due to fluctuations between the Renminbi and Hong Kong Dollar, as its revenues and operating costs are primarily denominated in Renminbi[60] - The company is actively seeking opportunities in the loan financing and financial investment sectors but has not identified any suitable opportunities in the first half of 2023[54] Dividends and Future Outlook - The company did not declare any interim dividend for the six months ended June 30, 2023, consistent with the previous year[30] - The company anticipates a slow recovery in the construction industry in the second half of 2023, following the easing of COVID-19 restrictions by the Chinese government[75] Accounting and Compliance - The company has adopted new accounting standards effective from January 1, 2023, but these changes did not have a significant impact on its financial performance[20] - The audit committee reviewed the accounting principles and practices adopted by the group and approved the unaudited interim financial statements for the six months ending June 30, 2023[98]

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。 CCIAM Future Energy Limited 信能低碳有限公司 （於香港註冊成立之有限公司） （股份代號：145） 有關截至二零二二年止年度的 年度業績公告及年度報告之 補充公告 茲提述信能低碳有限公司（「本公司」）截至二零二二年十二月三十一日止年度的年報 （「二零二二年年報」）（於二零二三年四月二十八日在聯交所網站www.hkexnews.hk刊 載）。除另有界定者外，本公告所用詞彙與二零二二年年報中所界定者具有相同涵義。 除了二零二二年年報提供的資料外，董事會謹此向本公司股東及潛在投資者提供有關撇 銷截至二零二二年十二月三十一日止年度的應收融資租賃款項的進一步詳情。本補充公 告應與二零二二年年報一併閱讀。 撇銷應收融資租賃款項 二零二二年年報呈列本公司錄得撇銷應收融資租賃款項約26.2百萬港元（「撇銷」）。該撇 銷指二零二二年十二月三十一日宿遷保險小鎮項目賬面值減少的金額。 ...

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。 CCIAM FUTURE ENERGY LIMITED 信能低碳有限公司 （於香港註冊成立之有限公司） 145 （股份代號： ） 截至二零二三年六月三十日止六個月之 中期業績 信能低碳有限公司（「本公司」）之董事（「董事」）會（「董事會」）欣然公佈本公司及其 附屬公司（統稱「本集團」）截至二零二三年六月三十日止六個月之未經審核簡明綜 合中期業績連同截至二零二二年六月三十日止六個月之未經審核比較數字如下： 簡明綜合損益及其他全面收益表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 （未經審核） （未經審核） 收益 4 15,377 1,776 經營成本 (14,58 9) (1,26 5) 毛利 788 511 其他收入 5 619 80 應收賬款及應收融資租賃款項之 ...

Financial Performance - The company reported audited revenue of approximately HKD 23,306,000 for the year ended December 31, 2022, an increase of about 207% compared to approximately HKD 7,583,000 in the previous year[6]. - The loss attributable to the owners of the company for the year was approximately HKD 51,972,000, an improvement from a loss of approximately HKD 65,923,000 in 2021[6]. - The expected credit loss provision amounted to approximately HKD 13,641,000, down from approximately HKD 35,163,000 in the previous year[6]. - The administrative and operating expenses for the year were approximately HKD 11,838,000, compared to approximately HKD 10,323,000 in the previous year[6]. - The company achieved a revenue increase of 207% in 2022 compared to 2021, despite adverse market conditions[12]. - As of December 31, 2022, the company recognized expected credit loss provisions of approximately HKD 13,641,000 and write-offs of about HKD 26,218,000[12]. - The company has a total asset value of approximately HKD 60,171,000 as of December 31, 2022, down from HKD 82,311,000 in 2021[21]. - Total liabilities increased to approximately HKD 40,726,000 as of December 31, 2022, compared to HKD 34,101,000 in 2021, primarily due to accounts payable and other payables of approximately HKD 9,533,000[22]. - The group's net current assets were approximately HKD 8,035,000 as of December 31, 2022, up from HKD 7,493,000 in 2021[24]. - Cash and bank balances amounted to approximately HKD 26,985,000 as of December 31, 2022, compared to HKD 18,886,000 in 2021[24]. - The group's net asset value decreased to approximately HKD 19,445,000 as of December 31, 2022, down from HKD 48,210,000 in 2021[32]. Operational Challenges - The company faced significant operational challenges due to COVID-19 lockdowns in Shanghai, which halted work and delayed project implementations[8]. - The demand for energy-saving products was negatively impacted, with consumers requesting discounts, which reduced profit margins on new contracts[11]. - Financial difficulties faced by property developers in China since 2021 have posed challenges for the company's energy-saving business, leading to project delays and cancellations of potential new orders[11]. - The company is actively working to secure new orders and restore project timelines as operations gradually resume post-lockdown[11]. Future Outlook - The company anticipates improved business conditions following the easing of COVID-19 restrictions by the Chinese government in December 2022[11]. - The company anticipates improvement in market conditions in the second half of 2023 following the easing of pandemic control measures by the central government[12]. - The company expects the overall occupancy rate of the Suqian Insurance Town project to improve in the second half of 2023[18]. - Management expects improvements in the Chinese and global economies in 2023, despite facing various challenges and uncertainties in the energy-saving industry[46]. Shareholder Actions - The company completed a rights issue on January 16, 2023, issuing a total of 313,998,544 new shares at a subscription price of HKD 0.10 per share[27]. - The net proceeds from the 2023 rights issue are intended for repaying outstanding loans (HKD 17.5 million), funding existing and new energy-saving projects (HKD 8 million), and general working capital[41]. - The total number of issued ordinary shares increased to 627,997,089 as of December 31, 2022, from 523,330,908 in 2021[25]. Environmental Commitment - The company aims to integrate environmental and social considerations into its business objectives[180]. - The company is committed to reducing greenhouse gas emissions and improving waste management[182]. - The board is responsible for overseeing environmental, social, and governance matters and ensuring effective risk management[187]. - The company engages with stakeholders to understand their expectations regarding significant environmental, social, and governance issues[188]. - The company promotes energy-saving and water-saving behaviors as part of its overall environmental management agenda[199]. Governance and Compliance - The company has adopted the corporate governance code and complied with its principles throughout the year, with some deviations noted[129]. - The board consists of six members, including three executive directors and three independent non-executive directors[135]. - The company has established risk management procedures to address all significant risks related to its business[167]. - The Audit Committee is tasked with ensuring the independence and objectivity of external auditors, reviewing their performance and remuneration[156]. - The company has established a clear framework for the roles and responsibilities of its various committees, ensuring compliance with corporate governance standards[158]. Employee and Shareholder Relations - The remuneration policy for directors and top executives is based on performance, qualifications, and market statistics[118]. - The company has not reported any interests held by directors in any competing businesses during the year[109]. - The company has not established any arrangements for directors to benefit from purchasing shares or bonds of the company or any other entity during the year[105]. - The company has not made any charitable donations during the year, consistent with the previous year[75].