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ST华通(002602.SZ)发布上半年业绩,归母净利润26.56亿元,同比增长129.33%
智通财经网· 2025-08-29 17:32
智通财经APP讯,ST华通(002602.SZ)发布2025年半年度报告,报告期内,公司实现营业收入172.07亿 元,同比增长85.50%。实现归属于上市公司股东的净利润26.56亿元,同比增长129.33%。实现归属于上 市公司股东的扣除非经常性损益的净利润25.86亿元,同比增长124.43%。基本每股收益0.37元。 ...
ST华通(002602.SZ):子公司拟与专业投资机构共同投资合伙企业
Ge Long Hui A P P· 2025-08-15 12:09
Core Viewpoint - ST Huatuo (002602.SZ) has announced an investment in the Wuxi Cangqiong No.1 Private Investment Fund, aiming to expand its presence in the commercial aerospace and satellite communication sectors [1] Group 1: Investment Details - Wuxi Qiku Investment Co., Ltd., a wholly-owned subsidiary of ST Huatuo, has signed a partnership agreement to invest in the Wuxi Cangqiong No.1 Private Investment Fund [1] - The subsidiary will contribute 14 million RMB, representing 45.16% of the total investment in the fund [1] Group 2: Strategic Implications - The partnership is expected to leverage the fund's industry insights and financial advantages, broadening the company's investment scope [1] - The focus on commercial aerospace and next-generation satellite communication technology aligns with the company's goals for sustainable development and stable growth [1]
ST华通(002602)8月4日主力资金净流入3.01亿元
Sou Hu Cai Jing· 2025-08-04 07:17
资金流向方面,今日主力资金净流入3.01亿元,占比成交额13.0%。其中,超大单净流入3.06亿元、占 成交额13.22%,大单净流出489.87万元、占成交额0.21%,中单净流出流出18012.61万元、占成交额 7.78%,小单净流出12104.01万元、占成交额5.23%。 通过天眼查大数据分析,浙江世纪华通集团股份有限公司共对外投资了17家企业,参与招投标项目5 次,知识产权方面有商标信息99条,专利信息30条,此外企业还拥有行政许可5个。 来源:金融界 ST华通最新一期业绩显示,截至2025一季报,公司营业总收入81.45亿元、同比增长91.12%,归属净利 润13.50亿元,同比增长107.20%,扣非净利润13.46亿元,同比增长107.95%,流动比率1.268、速动比率 1.189、资产负债率32.31%。 天眼查商业履历信息显示,浙江世纪华通集团股份有限公司,成立于2005年,位于绍兴市,是一家以从 事软件和信息技术服务业为主的企业。企业注册资本745255.6968万人民币,实缴资本745255.6968万人 民币。公司法定代表人为谢斐。 金融界消息 截至2025年8月4日收盘,ST华 ...
瞄准002602!资本“猎手”血拼31轮
Core Viewpoint - Wei Wei, a well-known capital "hunter," successfully acquired approximately 22.62 million shares of ST Huatuo (002602) for 279 million yuan through judicial auction, indicating a strategic investment approach in the current market environment [1][6][9]. Group 1: Auction Details - The auction for ST Huatuo shares involved 31 rounds of bidding, with a starting price of 249 million yuan and a final price of 279 million yuan, reflecting a premium of 12.04% over the starting price [6][7]. - The auction attracted nine participants, with Wei Wei showing a clear intent to win by placing the first bid at the starting price [6][7]. - The final price per share was approximately 12.35 yuan, slightly below the closing price of 12.75 yuan on the auction day [1][9]. Group 2: Company Performance - ST Huatuo has shown significant stock performance, with a price increase of over 300% in the past year and a cumulative increase of nearly 150% this year, positioning it among the top performers in the A-share market [9]. - The company aims to become a leading global digital technology firm, focusing on internet gaming, AI cloud data, and automotive parts manufacturing [11]. - For the first half of 2025, ST Huatuo expects a net profit of 2.4 billion to 3 billion yuan, representing a year-on-year growth of 107.20% to 159.00% [12]. Group 3: Recent Acquisitions by Wei Wei - A month prior to the ST Huatuo acquisition, Wei Wei purchased 13 million shares of Shanshan Co. at 8.42 yuan per share for a total of 109 million yuan, currently showing a profit of approximately 20% [4][15]. - Wei Wei is recognized for his strategic investments in various companies through judicial auctions and private placements, with a notable presence in the market [15][16]. - As of the first quarter of 2025, Wei Wei's publicly held shares are valued at around 2 billion yuan, involving 20 A-share listed companies [17].
ST华通(002602)7月29日主力资金净流出2154.22万元
Sou Hu Cai Jing· 2025-07-29 16:01
金融界消息 截至2025年7月29日收盘,ST华通(002602)报收于12.42元,上涨1.72%,换手率1.47%, 成交量101.20万手,成交金额12.48亿元。 资金流向方面,今日主力资金净流出2154.22万元,占比成交额1.73%。其中,超大单净流出1345.78万 元、占成交额1.08%,大单净流出808.44万元、占成交额0.65%,中单净流出流出988.02万元、占成交额 0.79%,小单净流入3142.23万元、占成交额2.52%。 ST华通最新一期业绩显示,截至2025一季报,公司营业总收入81.45亿元、同比增长91.12%,归属净利 润13.50亿元,同比增长107.20%,扣非净利润13.46亿元,同比增长107.95%,流动比率1.268、速动比率 1.189、资产负债率32.31%。 天眼查商业履历信息显示,浙江世纪华通集团股份有限公司,成立于2005年,位于绍兴市,是一家以从 事软件和信息技术服务业为主的企业。企业注册资本745255.6968万人民币,实缴资本745255.6968万人 民币。公司法定代表人为谢斐。 通过天眼查大数据分析,浙江世纪华通集团股份有限公司共对外 ...
4月11日电,上期能源:××公司(03804347)组(账户组号: B6002602)于2025年4月11日在集运指数(欧线)期货(EC)2508合约上账户组日内开仓交易量超限第1次达到处理标准,决定对相关客户采取限制其在相应合约上开仓5个交易日的监管措施。
news flash· 2025-04-11 09:11
Group 1 - The company has implemented regulatory measures on a specific customer group due to exceeding trading volume limits on the EC 2508 futures contract [1] - The restriction will last for 5 trading days, limiting the customer's ability to open new positions in the relevant contract [1] - This action marks the first instance of exceeding the trading volume limit for the specified account group [1]
幸福控股(00260) - 2023 - 年度财报
2024-06-28 11:18
Financial Performance - The group's consolidated revenue decreased by approximately 97.8% to HKD 3,400,000 in 2023, down from HKD 153,100,000 in 2022[10] - The net loss for the year was approximately HKD 48,600,000, a slight increase from the previous year's loss of HKD 47,200,000[10] - Revenue from the financing leasing and loan services decreased to approximately HKD 2,900,000, a decline of about 6% compared to HKD 3,100,000 in 2022[12] - The natural gas and oil products business recorded no revenue in 2023, down from HKD 150,000,000 in 2022 due to significant reductions in this segment[16] - A new subsidiary was established to operate LED product supply and installation services, generating HKD 530,000 in revenue by year-end[17] Debt and Cash Position - As of December 31, 2023, the total debt of the group was approximately HKD 1,346,700,000, an increase from HKD 1,316,600,000 in 2022[18] - Cash and bank balances were approximately HKD 20,700,000, down from HKD 27,700,000 in 2022[18] - The net debt amounted to approximately HKD 1,326,000,000, compared to HKD 1,288,900,000 in 2022[18] - The capital-to-debt ratio was 197.1%, up from 186.4% in 2022[18] Corporate Governance - The board believes that good corporate governance practices are essential for enhancing corporate value and protecting shareholder interests[77] - The company has adhered to the corporate governance code, except for the separation of the roles of Chairman and CEO, which are held by the same individual since February 2022[78] - The board consists of six members, including three executive directors and three independent non-executive directors, ensuring a balanced composition for strong independence[85] - The board is responsible for overall strategic planning, policy formulation, and risk management, ensuring effective governance practices[89] - The company emphasizes the importance of corporate governance and compliance with established codes to ensure transparency and accountability[106] Legal and Regulatory Challenges - The group continues to face challenges from legal disputes in both mainland China and Hong Kong, impacting overall business operations[9] - The company is committed to pursuing litigation against unfair treatment from business partners as part of its strategy to protect shareholder interests[4] - The company received an adverse opinion from auditors regarding its financial statements, indicating issues that need to be addressed[28] Employee and Workforce Management - Employee costs for the year were approximately HKD 4,100,000, down from HKD 7,800,000 in the previous year[21] - The total number of employees as of December 31, 2023, was 22, a decrease from 24 in 2022, with 10 males and 12 females[183] - The average monthly employee turnover rate for males decreased from 3.97% in 2022 to 2.22% in 2023, while for females it decreased from 2.67% to 0.70%[183] - The company promotes a "green office" policy, encouraging employees to save paper and utilize electronic documents to reduce printing[172] - The company emphasizes employee health and work-life balance, adhering to local labor laws regarding working hours and vacation rights[187] Environmental, Social, and Governance (ESG) Initiatives - The company’s environmental, social, and governance (ESG) report is aligned with the guidelines adopted by the stock exchange[42] - The board of directors is responsible for overseeing ESG matters and integrating them into the company's management policies and strategies[150] - The company has established a sustainable development framework focusing on environmental protection, resource management, and employee welfare[151] - The company aims to create long-term value for stakeholders through a robust ESG strategy and governance framework[154] - The company has implemented various energy-saving measures to reduce pollution and environmental risks, including compliance with relevant laws and regulations[164] Shareholder Communication and Dividends - The board did not recommend a final dividend for the year, consistent with 2022[20] - The company emphasizes the importance of maintaining good communication with shareholders through various formal channels, including interim reports and annual reports[133] - The company has established a shareholder communication policy, which is reviewed at least annually[139] Risk Management - The board is responsible for overseeing the effectiveness of the risk management and internal control systems, which are reviewed at least annually[123] - The company has a risk management policy in place to identify, assess, and manage significant risks that may impact its operational goals[120] - An independent professional advisor has been engaged to assist in evaluating the effectiveness of the risk management and internal control systems[121] Training and Development - The percentage of trained employees in 2023 was 15.38% for males and 30.77% for females, compared to 11.76% and 50.00% in 2022 respectively[191] - Average training hours for male employees decreased from 7.76 hours in 2022 to 1.77 hours in 2023, while female employees saw a decrease from 50.63 hours to 14.62 hours[191] - The company emphasizes the importance of employee education on environmental protection and sustainable development[174] Sustainability and Resource Management - The company has focused on improving service quality and customer satisfaction as part of its stakeholder engagement strategy[160] - The company has identified key environmental and social issues through stakeholder assessments to align business goals with stakeholder expectations[162] - The company emphasizes the importance of resource conservation and has implemented policies to ensure efficient resource use[167]
幸福控股(00260) - 2023 - 年度财报
2024-06-28 11:00
Financial Performance - The group's consolidated revenue increased from approximately HKD 3,200,000 in the previous year to approximately HKD 153,100,000, representing a growth of about 46.8 times[5]. - The net loss attributable to the company's owners for the year was approximately HKD 43,600,000, compared to a loss of approximately HKD 39,900,000 in the previous year[5]. - The natural gas and oil products business contributed approximately HKD 150,000,000 in revenue for the year, which was a new revenue stream[11]. - The financing lease business revenue decreased to approximately HKD 3,100,000, a decline of about 3% from HKD 3,200,000 in the previous year[14]. - The loss from the PPP primary land development business decreased to approximately HKD 6,700,000, down from HKD 18,600,000 in the previous year, primarily due to reduced bank loan interest[15]. - The net loss for the year was approximately HKD 47,200,000, a decrease of about HKD 2,300,000 from the previous year's loss of HKD 49,500,000[11]. - Total debt as of December 31, 2022, was approximately HKD 1,316,600,000, compared to HKD 1,307,500,000 in 2021, reflecting a slight increase[17]. - Cash and bank balances were approximately HKD 27,700,000, down from HKD 28,800,000 in 2021[17]. - The net debt amounted to approximately HKD 1,288,900,000, compared to HKD 1,278,700,000 in the previous year[17]. - The capital-to-debt ratio increased to 186.4% in 2022 from 171.9% in 2021[17]. Business Operations - The company plans to continue focusing on the financing lease market while managing operational and financial resources prudently[6]. - The company has restarted its natural gas and oil products sales business, which has positively impacted revenue[5]. - The LED business is still in its initial stage and has not recorded any revenue to date[13]. - The company is actively exploring new business opportunities and aims to improve its financial performance amid ongoing uncertainties due to COVID-19[31]. - The company reported that the top five customers accounted for 98.8% of total sales, with the largest customer contributing 68.7% of sales[57]. - The company reported its core business in financing leasing and loan services, which remains its primary revenue source[158]. - The company began engaging in oil trading business before the end of 2022, expanding its operational scope[158]. Corporate Governance - The company has maintained compliance with relevant laws and regulations without any significant breaches reported during the year[45]. - The company emphasizes the importance of good corporate governance practices to enhance corporate value and protect shareholder interests[86]. - The board consists of six members, including three executive directors and three independent non-executive directors[96]. - The independent non-executive directors have confirmed their independence as per the listing rules[64]. - The board has established mechanisms to ensure independent opinions and relevant information are provided to the board, which is reviewed annually[104]. - The board is responsible for reviewing and monitoring the training and continuous professional development of directors and senior management[103]. - The company has a structured process for addressing conflicts of interest among directors during board meetings[109]. - The board has implemented measures to ensure compliance with corporate governance standards and regulations[109]. - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with clearly defined responsibilities to assist the board in fulfilling its duties[118]. - The Audit Committee consists of three independent non-executive directors and held four meetings during the year, ensuring compliance with the relevant listing rules[119]. Employee and Workforce Management - Employee costs for the year were approximately HKD 7,800,000, down from HKD 8,600,000 in 2021, with a total of 24 employees[21]. - The company has confirmed that at least 25% of its issued shares are held by the public[78]. - The company has a total of 5,943,745,741 shares issued as of December 31, 2022[79]. - The average monthly turnover rate for full-time employees was 5.96% in 2022, significantly higher than 1.05% in 2021[197]. - The company emphasizes equal opportunity and diversity in hiring practices, ensuring a non-discriminatory work environment[194]. - The gender distribution of employees as of December 31, 2022, was 12 males and 12 females, compared to 14 males and 15 females in 2021[197]. - The company provides social insurance benefits for all employees, including pension, medical, unemployment, work injury, and maternity insurance[199]. - Employees are entitled to various types of leave, including annual leave, sick leave, and maternity leave, promoting work-life balance[200]. Environmental, Social, and Governance (ESG) - The company’s environmental, social, and governance (ESG) report is aligned with the guidelines adopted by the Stock Exchange[44]. - The company has set multiple environmental and social key performance indicators (KPIs) to drive changes such as reducing greenhouse gas emissions and improving employee welfare[165]. - The company emphasizes corporate social responsibility and aims to balance business expansion with stakeholder interests through sustainable development practices[164]. - The company has established a governance framework to effectively manage ESG risks and opportunities[168]. - The company has adopted an anti-corruption policy effective January 1, 2023, outlining guidelines and responsibilities for employees to report any suspected fraud or corruption[138]. - The company has implemented measures to mitigate environmental impact and promote responsible environmental practices within its operations[164]. - The company recognizes the potential impact of climate change on its operations and is preparing to adapt to changing regulations and policies[189]. - The company has established a stakeholder communication policy, reviewed annually, to address shareholder inquiries effectively[152]. Shareholder and Financial Policies - The company did not recommend a final dividend for the year, consistent with the previous year[19]. - The company has no available reserves for distribution as of December 31, 2022, according to the Companies Ordinance[56]. - The company has adopted a dividend policy to allow shareholders to share in profits while retaining sufficient reserves for future growth, with special dividends declared as needed[126]. - The company has not made any changes to its articles of association during the year[155]. - The company has not purchased, sold, or redeemed any of its listed securities during the year[53].
幸福控股(00260) - 2023 - 年度业绩
2024-05-29 04:01
Financial Performance - Total revenue for the year ended December 31, 2022, was HKD 153,068,000, compared to HKD 3,189,000 in 2021, indicating significant growth[3] - Gross profit for the year was HKD 3,924,000, up from HKD 3,189,000 in the previous year, reflecting an increase in profitability[3] - The company reported a net loss of HKD 47,164,000 for 2022, slightly improved from a loss of HKD 49,454,000 in 2021[3] - The adjusted pre-tax loss for the year was HKD 47,162,000, with a total annual loss of HKD 47,164,000[24] - The net loss for the year was approximately HKD 47,200,000, a decrease of about HKD 2,300,000 from the previous year's net loss of HKD 49,500,000, mainly due to an increase in other income and gains of approximately HKD 3,200,000[45] Revenue Breakdown - Revenue from natural gas and petroleum product trading was HKD 149.955 million for the year ended December 31, 2022, compared to HKD 0 in the previous year[16] - For the year ended December 31, 2022, total revenue was HKD 153,068,000, with natural gas and oil trading contributing HKD 149,955,000 and financing lease and loan services contributing HKD 3,113,000[24] - Revenue from external customers in Hong Kong was HKD 149.955 million, while revenue from China was HKD 3.113 million[18] - Major customer A contributed HKD 105.16 million and customer B contributed HKD 44.795 million to the natural gas and petroleum product trading segment[19] Expenses and Liabilities - Administrative expenses increased to HKD 18,810,000 from HKD 16,772,000, indicating rising operational costs[3] - Current liabilities increased to HKD 1,317,270,000 in 2022 from HKD 1,309,198,000 in 2021, reflecting higher short-term obligations[6] - The company’s financial expenses decreased to HKD (43,877,000) in 2022 from HKD (55,629,000) in 2021, suggesting improved financial management[3] - Total liabilities exceeded total assets by approximately HKD 676.1 million as of December 31, 2022[10] Asset Management - The company's total assets decreased to HKD 534,421,000 in 2022 from HKD 599,896,000 in 2021, showing a decline in asset base[6] - The company's equity attributable to owners decreased to HKD (597,470,000) in 2022 from HKD (534,756,000) in 2021, indicating a deterioration in shareholder equity[7] - The company’s cash and cash equivalents stood at HKD 27,652,000 in 2022, down from HKD 28,845,000 in 2021, indicating a slight reduction in liquidity[6] Legal and Compliance Issues - The independent auditor issued a disclaimer of opinion on the consolidated financial statements for the year ended December 31, 2022, due to insufficient and appropriate audit evidence[69] - The group filed a lawsuit in May 2018 to enforce a land development contract, which was rejected by the Putian Court in June 2020[72] - The group is currently seeking legal advice regarding the administrative decision and will take appropriate actions based on that advice[72] Future Outlook and Strategies - The company is actively seeking other funding sources to support its business development[12] - The company has received a commitment from its major shareholder to provide financial support through guarantees or loans within one year[12] - The group is actively exploring various options and future opportunities to develop a feasible resumption plan to address the issues leading to the suspension of trading[60] - The company is closely monitoring and addressing issues related to Listing Rule 13.24, while continuing to explore new business opportunities and develop sustainable existing operations to enhance financial performance and create value for shareholders[63] Shareholder Information - The group reported a basic loss per share of approximately HKD 43,588,000 for the year 2022, compared to HKD 39,859,000 for 2021, with the weighted average number of ordinary shares issued remaining at 5,943,745,741 for both years[33] - The group did not recommend any dividend payment for the year ended December 31, 2022, consistent with the previous year[34] Joint Ventures and Investments - The investment in joint ventures as of December 31, 2022, is approximately HKD 94,718,000[91] - The share of profits from joint ventures reported in the consolidated income statement is approximately HKD 7,598,000[91] - The total receivables from joint ventures reported is approximately HKD 104,702,000[91] Miscellaneous - The group received government grants amounting to HKD 1,676,000, aimed at incentivizing research and development activities[28] - Trading of the company's shares has been suspended since November 29, 2022, until further notice[97] - The announcement of the audited annual results is available on the stock exchange and the company's website[96]
幸福控股(00260) - 2023 - 年度业绩
2024-05-29 04:01
Financial Performance - Total revenue for the year ended December 31, 2023, was HKD 153,068,000, a decrease from HKD 156,466,000 in 2022, representing a decline of approximately 2.5%[3] - Gross profit for the year was HKD 2,956,000, down from HKD 3,924,000 in the previous year, indicating a decrease of about 24.7%[3] - The company reported a net loss of HKD 47,164,000 for 2023, compared to a net loss of HKD 48,590,000 in 2022, reflecting a slight improvement of 2.9%[3] - Basic and diluted loss per share for 2023 was HKD 0.83, compared to HKD 0.73 in 2022, indicating a worsening of approximately 13.7%[3] - The company reported a total comprehensive loss of HKD 54,536,000 for the year, compared to HKD 64,763,000 in 2022, indicating an improvement of approximately 15.8%[4] - The group reported a net loss of approximately HKD 48.6 million for the year ending December 31, 2023[10] - The group reported a basic loss per share of approximately HKD 49,386,000 for 2023, compared to HKD 43,588,000 in 2022, indicating an increase in losses[37] - The company experienced an annual loss of HKD 48,590,000 for the fiscal year ending December 31, 2023[23] - The net loss for the year was approximately HKD 48,600,000, an increase of about HKD 1,400,000 from the previous year's net loss of HKD 47,200,000[54] Revenue Breakdown - Revenue from gas and oil product trading was HKD 0, down from HKD 149.955 million in 2022, while LED product supply and installation services generated HKD 0.530 million in 2023[16] - Total revenue for the group decreased to HKD 3.398 million in 2023 from HKD 153.068 million in 2022, representing a decline of approximately 97.8%[16] - Revenue from external customers in China was HKD 3.398 million in 2023, compared to HKD 3.113 million in 2022[19] - For the fiscal year ending December 31, 2023, the total revenue from the LED product supply and installation services was HKD 3,398,000, with a segment profit of HKD (2,409,000)[23] - The financing lease and loan services generated revenue of HKD 2,868,000, contributing to a segment profit of HKD (3,325,000)[23] - The financing leasing business recorded revenue of approximately HKD 2,900,000, a decrease of about 6% from HKD 3,100,000 in 2022[55] - The natural gas and oil products business recorded no revenue this year, down from HKD 150,000,000 in 2022[60] - The new subsidiary for LED product supply and installation services generated revenue of HKD 530,000 by year-end[61] Assets and Liabilities - Total assets decreased to HKD 1,348,996,000 in 2023 from HKD 1,317,270,000 in 2022, showing an increase of about 2.4%[6] - Current liabilities increased to HKD 1,348,996,000 in 2023 from HKD 1,317,270,000 in 2022, reflecting a rise of approximately 2.4%[6] - Total liabilities exceeded total assets by approximately HKD 730.6 million as of December 31, 2023[10] - The group's total borrowings amounted to approximately HKD 1,038.3 million, including loans from related companies and non-controlling shareholders[10] - The total assets of the company amounted to HKD 618,737,000, with total liabilities of HKD 1,349,331,000[25] - Total liabilities as of December 31, 2023, were approximately HKD 1,346,700,000, compared to HKD 1,316,600,000 in 2022[62] - The net debt was approximately HKD 1,326,000,000, with a capital debt ratio of 197.1%, up from 186.4% in 2022[62] Financial Expenses - The company’s financial expenses increased to HKD 43,877,000 in 2023 from HKD 39,108,000 in 2022, representing an increase of about 10.5%[3] - Other income decreased from HKD 4,003,000 in 2022 to HKD 2,190,000 in 2023, a decline of approximately 45.4%[31] - Interest expenses on bank and other borrowings significantly reduced from HKD 6,202,000 in 2022 to HKD 1,303,000 in 2023, a decrease of about 79.0%[32] - The group’s total financial expenses decreased from HKD 43,877,000 in 2022 to HKD 39,108,000 in 2023, a decline of about 11.0%[32] Employee and Operational Costs - The group’s employee benefit expenses, excluding directors and CEO remuneration, decreased from HKD 7,778,000 in 2022 to HKD 4,088,000 in 2023, a reduction of approximately 47.5%[35] - The group had a total of 22 employees as of December 31, 2023, down from 24 in 2022, with employee costs around HKD 4,100,000[65] Legal and Compliance Issues - The group continues to face challenges due to legal issues in China and Hong Kong, impacting overall performance[51] - The independent auditor refused to express an opinion on the consolidated financial statements for the year ended December 31, 2023, due to insufficient audit evidence[77] - The group submitted a lawsuit to the Putian Intermediate People's Court in May 2018 regarding the enforcement of a land development contract[81] - The group received a ruling from the Putian Court on June 10, 2020, rejecting the group's lawsuit[81] - The group filed an appeal to the Fujian High People's Court in June 2020, which was accepted in August 2020[81] - The appeal was dismissed by the Fujian High People's Court on May 30, 2022, and the group is currently seeking legal advice on the administrative decision[81] - The company has initiated legal proceedings to obtain the accounting records from China Aviation Fuzhou Construction, with a court ruling requiring compliance within 20 days of the judgment date[92] - The company is currently executing the court's decision to acquire the necessary accounting records[92] - The company has faced challenges in auditing due to insufficient supporting documents from China Aviation Fuzhou Construction and its subsidiaries[93] - The company has been unable to obtain the accounting records from Jia Lian Group for the years ended December 31, 2023, and December 31, 2022, due to ongoing legal disputes[97] Governance and Future Outlook - The group is actively seeking additional funding sources to support its business development[11] - Major shareholder, Xin Jing International Limited, has committed to providing financial support through guarantees or loans within one year[12] - The group is in discussions with counterparties to renew existing loans[13] - The group will continue to explore new business opportunities and focus on sustainable development of existing operations to enhance financial performance and create value for shareholders[71] - The company has adhered to the corporate governance code, although there are exceptions regarding the separation of the roles of Chairman and CEO[74] - The audit committee has reviewed the group's annual performance for the year[101] - The consolidated financial statements have been acknowledged by the auditors as consistent with the audited financial amounts for the year[102] - Trading of the company's shares has been suspended since November 29, 2022, and will continue until further notice[104]