董事會謹此公佈，於2024年12月5日（交易時間後），本集團成員公司已向興業銀行 認購且於本公告日期仍未到期的該等金融產品合計投資總額為人民幣780,000,000元。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本公告全部或任何部份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。 HUABAO INTERNATIONAL HOLDINGS LIMITED 華 寶 國 際 控 股 有 限 公 司 * （於百慕達註冊成立之有限公司） 於本公告日期，董事確認（i）除該等金融產品仍未到期外，其餘的所有向興業銀行 認購的金融產品均已按照各自的條款悉數贖回；（ii）本集團相信認購該等金融產品 各自均獲得合理利息；及（iii）認購該等金融產品將不會對本集團的財務狀況造成任 何不利影響。 上市規則的涵義 （股份代號：00336） 須予披露交易 進一步認購金融產品 進一步認購金融產品 在認購第三項金融產品、第四項金融產品及第五項金融產品之前，由於根據上市規則 第14.07條就首項金融產品及第二項金融產品計算（無論是單獨計算或按合併基 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 HUABAO INTERNATIONAL HOLDINGS LIMITED 華 寶 國 際 控 股 有 限 公 司 * Conyers Corporate Services (Bermuda) Limited Clarendon House, 2 Church Street Hamilton HM11 Bermuda 卓佳登捷時有限公司仍為本公司之香港股份登記及過戶處，而於香港進行 股份過戶登記的申請須送交卓佳登捷時有限公司，其地址為香港夏愨道16 號遠東金融中心17樓。 承董事會命 華寶國際控股有限公司 執行董事 潘昭國 香港，2024年11月29日 於本公告日期，董事會由六名執行董事包括朱林瑤女士、林嘉宇先生、夏利群先生、潘昭國先生、 林嘉炘女士及蔡文霞女士；以及三名獨立非執行董事包括李祿兆先生、Jonathan Jun YAN 先生及 侯海濤先生組成。 * 僅供識別 1 （於百慕達註冊成立之有限公司 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示概不就因本公告全部或任何部份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。 HUABAO INTERNATIONAL HOLDINGS LIMITED 華寶國際控股有限公司 * （於百慕達註冊成立之有限公司） （股份代號：00336） 內幕消息 關於附屬公司仲裁進展情況的公告 本公告是華寶國際控股有限公司（「本公司」，連同其附屬公司，統稱「本集團」）根據香港聯合 交易所有限公司證券上市規則（「上市規則」）第13.09(2)(a)條以及香港法例第571章證券及期貨 條例第XIVA部項下的內幕消息條文（定義見上市規則）而作出。 茲提述本公司日期分別為2022年3月8日、2023年8月9日、2024年3月11日及2024年10月 8日的公告（統稱「該等公告」）。除非文義另有所指，否則本公告所用詞彙與該等公告所界定者 具有相同涵議。 於2022年3月8日，華寶香精股份有限公司（「華寶股份」（本公司的非全資附屬公司，其股份在 深圳證券交易所創業板上市（股份代號：300741）））、上海克瀝 ...

（股份代號：00336） 內幕消息 華寶香精股份有限公司截至 2024 年 9 月 30 日止九個月之 主要會計數據和財務指標 本公告乃由華寶國際控股有限公司（「本公司」）根據香港聯合交易所有限公司證券上市規 則第13.09條刊發及香港法例第571章證券及期貨條例第XIVA部內幕消息條文而作出。 華寶香精股份有限公司（「華寶股份」）為本公司之附屬公司及其股份於深圳證券交易所創 業板上市（代碼：300741）。按深圳證券交易所之相關規定，華寶股份在2024年10月29日已將 其截至2024年9月30日止九個月的第三季度報告刊載於深圳證券交易所創業板信息披露網站 巨潮資訊網（http://www.cninfo.com.cn）。 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整 性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而 引致的任何損失承擔任何責任。 HUABAO INTERNATIONAL HOLDINGS LIMITED 華 寶 國 際 控 股 有 限 公 司 * （於百慕達註冊成立之有限公司） 本公司之董事會謹請本公司股東及 ...

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 1,582,285,000, representing a 3.0% increase from RMB 1,535,704,000 in 2023[9] - Gross profit for the same period was RMB 709,254,000, with a gross profit margin of 44.8%, down from 46.0% in 2023[9] - EBITDA decreased by 40.2% to RMB 262,021,000, resulting in an EBITDA margin of 16.6%, down from 28.5%[9] - Operating profit fell by 64.6% to RMB 100,287,000, with an EBIT margin of 6.3%, down from 18.4%[9] - Profit for the period attributable to equity holders was RMB 29,662,000, a decrease of 80.7% compared to RMB 153,970,000 in 2023[9] - Net cash generated from operating activities was RMB 113,507,000, down 67.7% from RMB 351,235,000[9] - Basic earnings per share decreased by 80.7% to approximately RMB0.92 cents, compared to approximately RMB4.77 cents in 1H 2023[23] - The decline in operating profit was primarily due to a share-based compensation expense of approximately RMB42.184 million recognized for the share incentive scheme[24] - An impairment of goodwill of approximately RMB29.309 million and an impairment of assets of approximately RMB20.189 million were recognized during the Reporting Period[24] - Profit before income tax for the six months ended June 30, 2024, was RMB 78,999,000, down 72.4% from RMB 286,738,000 in the previous year, mainly due to various impairment provisions and increased expenses[111] - The Group's profit for the period was RMB 46,286,000, a decrease of 76.9% compared to RMB 200,353,000 for the same period last year, driven by significant impairment charges and increased marketing expenses[116] Market Expansion and Strategy - The management is exploring overseas markets, particularly in Southeast Asia, to expand market reach and promote sales[11] - The Group is focusing on overseas market expansion due to insufficient domestic demand, particularly in Southeast Asia[13] - The Group plans to focus on developing domestic and Southeast Asia markets for flavors and fragrances, aiming to generate more sales through research and analysis[90] - The Group will continue to invest in R&D for emerging tobacco products and expand international markets to promote product sales[90] Production and Efficiency - The company has implemented a "Lean Production" program to improve resource use and production efficiency[11] - The implementation of "lean production" plans in more factories aims to enhance resource utilization and production efficiency[13] - The Group has implemented a "Lean Production" program to optimize production efficiency and reduce costs, aiming to improve profit margins[51] - The implementation of the "Lean Production" program aims to reduce costs and increase efficiency across various product lines[90] Research and Development - The Group invested approximately RMB 121 million in R&D, representing 7.7% of revenue, a slight increase from 7.6% in the previous year[68] - The Group has been granted 7 invention patents and 7 utility model patents related to food flavors and production equipment, enhancing its market capacity[69] - The Group applied for 21 patents in the tobacco raw materials segment, focusing on HNB cigarette products and production methods[70] - New product categories, such as soup base products, have been developed, with three invention patents applied for enhancing flavor and aroma[75] - The Group applied for three invention patents related to soup base products to enhance technical capabilities in this new product category[76] Financial Position and Cash Flow - As of June 30, 2024, the Group's net current assets were RMB 7,100,491,000, an increase from RMB 6,975,409,000 as of December 31, 2023, indicating a stable financial position[117] - Cash and bank balances, including fixed deposits, amounted to RMB 2,183,601,000 as of June 30, 2024, down from RMB 2,539,493,000 at the end of 2023, with over 60.0% held in RMB[119] - The fair value of outstanding bank wealth management products held by the Group as of June 30, 2024, was RMB 3,798,085,000, slightly down from RMB 3,847,748,000 as of December 31, 2023[119] - The Group's debt ratio was 1.8% as of June 30, 2024, down from 3.6% as of December 31, 2023, representing a decrease of 1.8 percentage points[124] - For the six months ended June 30, 2024, net cash generated from investing activities was RMB 39,886,000, a significant recovery from net cash used of RMB 1,261,019,000 in the same period last year[122] Shareholder and Corporate Governance - The shareholders approved the adoption of the 2024 Share Award Scheme and the 2024 Share Option Scheme on May 14, 2024, while terminating the 2022 Share Award Scheme and the 2016 Share Option Scheme[159] - As of June 30, 2024, Director CHU Lam Yiu holds 2,293,408,900 shares, representing 71.00% of the issued share capital[155] - The 2024 Share Award Scheme aims to recognize contributions, attract high-caliber participants, and align their interests with shareholders[188] - The 2024 Share Award Scheme aims to incentivize participants for their contributions to the group's growth and development, aligning their interests with those of shareholders[189] Operational Challenges - The Group's operating profit decreased by 64.6% to RMB 100,287,000, primarily due to goodwill impairment and increased share-based compensation expenses[107] - The Group's cautious approach led to a downward adjustment of future profit forecasts for Yancheng Chunzhus, confirming goodwill impairment of approximately RMB 29.309 million[59] - The financial performance highlights a decrease in both adjusted EBITDA and operating profit compared to the previous year, indicating potential challenges in core operations[150]

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 1,582,285 thousand, representing a 3.0% increase from RMB 1,535,704 thousand in the same period of 2023[2] - Gross profit for the same period was RMB 709,254 thousand, slightly up by 0.4% from RMB 706,732 thousand[2] - EBITDA decreased by 40.2% to RMB 262,021 thousand, with an EBITDA margin of 16.6%, down from 28.5% in the previous year[2] - Operating profit fell by 64.6% to RMB 100,287 thousand, resulting in an operating margin of 6.3%, compared to 18.4% in the prior year[2] - Net profit for the period was RMB 46,286 thousand, a significant decline of 76.9% from RMB 200,353 thousand in the same period last year[2] - Earnings attributable to equity holders of the company were RMB 29,662 thousand, down 80.7% from RMB 153,970 thousand[2] - Basic and diluted earnings per share decreased to RMB 0.92 from RMB 4.77, reflecting an 80.7% drop[2] - Adjusted EBITDA was RMB 356,172 thousand, down 21.7% from RMB 455,077 thousand, with an adjusted EBITDA margin of 22.5%[2] Assets and Liabilities - Total assets as of June 30, 2024, were RMB 15,438,254 thousand, a decrease from RMB 16,002,111 thousand as of December 31, 2023[6] - Cash and bank deposits amounted to RMB 2,183,601 thousand, down from RMB 2,539,493 thousand at the end of 2023[6] - As of June 30, 2024, total equity amounted to RMB 14,170,258 thousand, a decrease from RMB 14,271,137 thousand as of December 31, 2023, representing a decline of approximately 0.8%[7] - The total liabilities decreased to RMB 1,267,996 thousand from RMB 1,730,974 thousand, indicating a reduction of about 26.7%[7] Segment Performance - The segment performance for the flavor and food ingredients business showed a profit of RMB 137,858 thousand, while the tobacco raw materials segment reported a loss of RMB 3,417 thousand[13] - The group's sales revenue for the flavor and food ingredients business was approximately RMB 652 million, a decrease of 4.3% year-on-year, accounting for about 41.2% of total revenue[45] - The operating profit for the flavor and food ingredients segment was approximately RMB 138 million, down 42.1% year-on-year, with an operating profit margin of 21.1%, a decrease of 13.8 percentage points[45] - The sales revenue for the tobacco raw materials business was approximately RMB 164 million, a decrease of 12.5% year-on-year, accounting for about 10.4% of total revenue[50] Research and Development - Research and development expenses increased to RMB 121,362,000 for the six months ended June 30, 2024, compared to RMB 116,321,000 in 2023, representing a growth of 4.4%[19] - Research and development expenses amounted to approximately RMB 121 million, representing 7.7% of sales revenue, an increase of 0.1 percentage points year-on-year[58] Cash Flow and Financing - The net cash generated from investment activities for the six months ended June 30, 2024, was RMB 39,886,000, compared to a net cash outflow of RMB 1,261,019,000 for the same period in 2023[74] - The net cash used in financing activities for the six months ended June 30, 2024, was RMB 444,621,000, which included repayment of bank loans of RMB 374,250,000[75] - Total loans as of June 30, 2024, were RMB 219,000,000, significantly reduced from RMB 455,250,000 as of December 31, 2023, marking a decrease of about 52.1%[31] Expenses - Total government grants received decreased to RMB 68,021,000 in 2024 from RMB 91,953,000 in 2023, indicating a reduction of 26%[17] - Total expenses for employee benefits increased to RMB 370,992,000 in 2024 from RMB 309,362,000 in 2023, reflecting a rise of 19.9%[19] - Selling and marketing expenses increased by 16.5% to RMB 165,416,000, representing about 10.5% of total revenue, up from 9.2% in the previous year[66] - Administrative expenses rose by 17.7% to RMB 458,285,000, accounting for approximately 29.0% of total revenue, an increase of 3.6 percentage points from the previous year[67] Dividends and Shareholder Returns - The company plans to declare an interim dividend of RMB 0.3 per share for the six months ended June 30, 2024, compared to RMB 1.6 cents per share in 2023[27] - The company declared an interim cash dividend of HKD 0.3 per share and a special dividend of HKD 3.2 per share for the six months ending June 30, 2024, compared to HKD 1.6 and HKD 1.9 per share in 2023 respectively[86] Operational Strategies - The company plans to continue expanding its product lines in the flavor and food ingredients sector, focusing on R&D and innovation[12] - The group is focusing on expanding overseas markets and implementing lean production strategies to enhance efficiency and reduce costs[39] - The company is focusing on digital transformation with four operational platforms, improving operational efficiency and data management capabilities[60] Impairments and Losses - The decline in operating profit was primarily due to a share-based compensation expense of approximately RMB 42.18 million related to a stock incentive plan approved on January 5, 2024[43] - The group recognized goodwill impairment of approximately RMB 29.31 million and asset impairment of approximately RMB 20.19 million during the reporting period[43] - The company has adjusted the future profit forecast for Yancheng Chunzhu due to external economic challenges, confirming a goodwill impairment of approximately RMB 29.31 million[55] Market Conditions and Future Outlook - The company is evaluating the impact of new accounting standards on its financial statements, which may affect future reporting[11] - The group plans to focus on domestic and Southeast Asian market expansion, new product development, and cost reduction strategies to enhance operational efficiency[61]

Financial Performance - Revenue for 2023 was RMB 3,307,839,000, a decrease of 13.6% from RMB 3,828,984,000 in 2022[5] - Gross profit for 2023 was RMB 1,469,365,000, resulting in a gross profit margin of 44.4%, down from 49.0% in 2022[5] - Operating profit for 2023 was RMB 378,051,000, a significant recovery from an operating loss of RMB 607,975,000 in 2022[5] - Profit for the year was RMB 290,483,000, compared to a loss of RMB 901,050,000 in the previous year[5] - Adjusted profit for the year was RMB 346,985,000, down from RMB 606,660,000 in 2022[5] - Basic earnings per share for 2023 was 7.23 RMB cents, recovering from a loss of 32.65 RMB cents in 2022[5] - Net cash generated from operating activities was RMB 965,266,000, an increase from RMB 798,746,000 in 2022[5] - Total equity decreased to RMB 14,271,137,000 from RMB 14,557,438,000 in 2022[5] - The company maintained a dividend payout ratio of 106.9% for the year, with a total dividend per share of 8.5 HK cents[5] - The debt ratio improved to 3.6% from 5.4% in the previous year, indicating a stronger financial position[5] Market Position and Strategy - The Group is a market leader in China's flavours & fragrances industry, owning several well-known brands such as "Huabao Flavours" and "Hedon" with a significant market share[8] - The Group has established a comprehensive industry chain covering raw materials, processing, and consumption, enhancing its competitive strength in the taste-based fast-moving consumer goods sector[13] - The Group plans to leverage its industry advantages to build a leading aroma raw materials production base in Asia and globally[11] - The Group aims to consolidate its leading role in the condiment industry by enhancing its product mix and establishing it as a growth point[15] - The Group's strategic focus includes exploring new markets through product and technology innovation while maintaining its existing market share in flavours and fragrances[15] Production and Technology - In 2022, the Group completed the construction of a factory in Indonesia to produce heat-not-burn RTL, aiming to capitalize on the global development of HNB cigarettes[10] - The Group's production technology for tobacco raw materials has reached advanced international levels, with its major technical parameters recognized as the highest in domestic production[10] - The Group implemented a "Lean Production" program, which resulted in significant progress in production cost reduction and product quality improvement across pilot companies[20] - The Group plans to promote the "Lean Production" model across all companies to enhance production efficiency and product competitiveness[20] Research and Development - The Group's R&D capabilities are supported by multiple production bases and technology centers located in regions including Shanghai, Guangdong, and Germany[8] - R&D investment was approximately RMB 253 million, accounting for 7.7% of revenue, up from 7.0% in 2022, with all R&D expenses fully expensed[62] - The Group obtained 12 patents in the field of flavors and fragrances, showcasing its R&D capabilities and innovation in food and tobacco products[62] - The Group applied for three invention patents related to core products and compound condiments, indicating ongoing innovation in the condiment sector[65] Market Trends and Economic Environment - The overall economic environment remains challenging, with potential geopolitical conflicts and insufficient consumer confidence impacting market demand[22] - In 2023, China's cigarette production volume reached 48.855 million cases, representing a year-on-year increase of 0.4%[26] - The tobacco industry realized industrial and business tax and profit amounting to RMB 1,521.7 billion, a year-on-year increase of 5.6%[26] - The fiscal income of the tobacco industry was RMB 1,502.8 billion, reflecting a year-on-year increase of 4.3%[26] Segment Performance - Revenue from the F&F and Food ingredients business decreased to approximately RMB1,464 million, accounting for approximately 44.3% of the Group's total revenue[38] - The revenue from the tobacco raw materials business was approximately RMB465 million, representing a year-on-year increase of 2.3% and accounting for approximately 14.0% of the Group's total revenue[49] - The Group's condiment business revenue was approximately RMB754 million in 2023, a year-on-year increase of 31.6% from RMB573 million in 2022, accounting for 22.8% of total revenue[57] - Revenue from the aroma raw materials business decreased by 32.4% to approximately RMB 625 million, accounting for about 18.9% of total revenue, with an operating loss of approximately RMB 83.41 million[53] Corporate Governance - The Company has adopted corporate governance practices to enhance transparency and accountability, continuously improving its governance standards[120] - The Company has complied with the corporate governance code provisions throughout the financial year ended December 31, 2023, except for specific disclosures[121] - The Company has a balanced Board consisting of six Executive Directors and three Independent Non-Executive Directors (INEDs) as of the report date[129] - The primary objective of the Board is to maximize profitability and enhance long-term value for shareholders[135] Leadership and Management - The company has a strong leadership team with diverse backgrounds in finance, management, and industry expertise, enhancing its strategic capabilities[107] - The Group's focus on innovation and product development is supported by experienced professionals in flavour and fragrance industries[115] - The leadership team includes members with significant experience in both local and international markets, contributing to the company's growth strategy[110] Sustainability and ESG - An ESG strategy and execution team was established to prioritize sustainable development and improve the Group's ability to meet ESG-related requirements from customers[21] - The Group's management system for sustainable development was improved to enhance its ability to cope with climate risks[24] - The effective management of ESG risks is a key focus, integrated with other business and operational risks under the risk management framework[183] Employee and Workforce - As of December 31, 2023, the Group employed a total of 3,995 employees, an increase from 3,875 employees as of December 31, 2022[67] - The Group's workforce as of December 31, 2023, includes 2,503 male employees (62.7%) and 1,492 female employees (37.3%), compared to 2,492 male (64.3%) and 1,383 female (35.7%) as of December 31, 2022[173] Risk Management - The internal control system is designed to provide reasonable assurance against material misstatement or loss, safeguarding assets and ensuring compliance with relevant legislation[181] - The Company has established an Internal Audit Department with its scope of work advised by the Audit Committee to enhance risk management[182] - The Company has adopted a risk management and internal control policy to safeguard assets and ensure compliance with relevant laws and regulations[188]

Financial Performance - Revenue for the year ended December 31, 2023, was RMB 3,307,839, a decrease of 13.6% compared to RMB 3,828,984 in 2022[2] - Gross profit for the same period was RMB 1,469,365, down 21.7% from RMB 1,877,563 in the previous year, resulting in a gross margin of 44.4%[2] - Operating profit for the year was RMB 378,051, a significant recovery from an operating loss of RMB 607,975 in 2022[2] - Adjusted net profit for the year was RMB 346,985, representing a decrease of 42.8% from RMB 606,660 in 2022[2] - Basic and diluted earnings per share for the year were RMB 7.23, compared to a loss of RMB 32.65 per share in the previous year[4] - The company reported a net profit for the year of RMB 290,483 million, reflecting the company's overall financial health[16] - The profit attributable to equity holders of the company was RMB 233,633,000, an increase of RMB 1,288,180,000 from a loss of RMB 1,054,547,000 in the previous year[75] Dividends - The company proposed a final dividend of HKD 0.8 cents per share, with an annual dividend payout ratio of 106.9%[2] - The company proposed a final dividend of HKD 0.8 per share and a special dividend of HKD 4.2 per share for the year ended December 31, 2023, totaling approximately RMB 146,351,000[30] - The group reported a total of RMB 249,833,000 in dividends for the year ended December 31, 2023, compared to RMB 244,706,000 in 2022, showing a slight increase[29] Assets and Liabilities - Total assets as of December 31, 2023, were RMB 16,002,111, a decrease from RMB 16,619,022 in 2022[6] - Total liabilities decreased to RMB 1,730.974 million from RMB 2,061.584 million year-over-year, indicating a reduction of approximately 16%[16] - The company’s equity attributable to shareholders was RMB 12,480,431, down from RMB 12,650,866 in the previous year[7] - The total loans decreased to RMB 455,250,000 in 2023 from RMB 677,700,000 in 2022, representing a reduction of approximately 33%[35] Segment Performance - The segment performance showed a profit of RMB 405.526 million from the Fragrance and Food Ingredients segment, while the Tobacco Raw Materials segment generated a profit of RMB 90.768 million[16] - The Fragrance and Food Ingredients segment accounted for the largest share of total revenue, generating RMB 1,484.628 million[16] - The sales revenue of the flavor and food ingredients business was approximately RMB 1.464 billion, down 22.0% from RMB 1.877 billion in 2022, accounting for 44.3% of total revenue[44] - The sales revenue from the tobacco raw materials business was approximately RMB 465 million, a year-on-year increase of 2.3%, accounting for about 14.0% of the group's total revenue[49] - The sales revenue from the fragrance raw materials business decreased by 32.4% to approximately RMB 625 million, accounting for about 18.9% of the group's total revenue[52] - The seasoning business reported sales revenue of approximately RMB 754 million, a 31.6% increase from RMB 573 million in 2022, accounting for 22.8% of total group revenue[60] Expenses - The total cost of sales, selling and marketing expenses, and administrative expenses for the year ended December 31, 2023, was RMB 2,996,149,000, down from RMB 3,121,785,000 in 2022[19] - The company incurred a total depreciation expense of RMB 210.998 million and amortization expenses of RMB 106.599 million during the reporting period[16] - The company's income tax expense for the year ended December 31, 2023, was RMB 125,442,000, a decrease from RMB 180,840,000 in 2022[22] - The group's administrative expenses for the year were RMB 830,866,000, a slight increase of 0.6% from RMB 825,959,000 in the previous year[70] - Sales and marketing expenses were RMB 326,809,000, a decrease of 5.1% from RMB 344,405,000, with the ratio to total revenue increasing to approximately 9.9%[69] Research and Development - Research and development expenses for the year ended December 31, 2023, were RMB 253,196,000, slightly down from RMB 266,233,000 in 2022[19] - The group obtained 12 patents related to flavoring and food ingredients, showcasing its R&D capabilities in specialized fields[61] Corporate Governance and Legal Matters - The company has not fully complied with corporate governance codes due to the impact of the chairman's legal issues, affecting the execution of certain responsibilities[94] - The company has adopted the standard code of conduct for securities trading by directors, ensuring compliance with the relevant regulations[95] - The company is monitoring ongoing legal matters involving its executives and will seek necessary legal advice as needed[93] - The company has received notifications regarding the lifting of house arrest for its chairman, allowing her to resume normal work[89] Future Plans and Strategies - The company plans to continue evaluating the impact of new accounting standards and revisions, with no significant effects anticipated on future reporting periods[14] - The group plans to establish a factory in Indonesia to enhance the convenience of selling products in the Southeast Asian market[45] - The group is focusing on consolidating its domestic market while expanding into overseas markets to broaden its business coverage[38] - The company plans to focus on high-margin, stable-return projects and continue lean production to improve operational efficiency and business performance in the upcoming year[64]

智通财经APP讯，华宝国际(00336)发布公告，该公司附属华宝股份(300741.SZ)预计截至2023年12月31 日止年度取得归母净利润3亿-4.4亿元(人民币，下同)，相比上年同期归母净利润7.25亿元同比减少 39.3%-58.62%。 公告称，2023年度，由于华宝股份产品下游市场需求变化、客户自主调香等因素的多重影响，华宝股份 产品结构产生变化，营业收入及毛利率水平下降，导致归属于华宝股份股东的净利润下降。 ...

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 1,535,704, a decrease of 16.9% from RMB 1,847,152 in the same period of 2022[11]. - Gross profit decreased by 26.9% to RMB 706,732, down from RMB 967,029 year-on-year[11]. - Operating profit increased significantly to RMB 260,740, compared to an operating loss of RMB 141,776 in the previous year, marking a 283.9% improvement[11]. - Profit for the period was RMB 200,353, a turnaround from a loss of RMB 233,031, representing a 186.0% increase[11]. - Adjusted profit attributable to equity holders of the Company was RMB 168,917, down 43.8% from RMB 300,800 in the prior year[11]. - Basic and diluted earnings per share improved to RMB 4.77, compared to a loss of RMB 9.71 in the same period last year[11]. - The gross profit margin decreased to 46.0%, down 6.4 percentage points from 52.4% in 1H 2022[25]. - Adjusted operating profit was approximately RMB276 million, representing a year-on-year decrease of 41.7% from RMB473 million in 1H 2022[27]. - Profit attributable to equity holders was approximately RMB154 million, a significant improvement from a loss of approximately RMB314 million in 1H 2022[25]. Market Trends - The tobacco industry in China saw a GDP growth of 5.5% year-on-year in the first half of 2023, exceeding the government's target of 5%[13]. - The company noted a cautious consumer spending trend due to the lingering effects of the pandemic and a decline in overseas market demand[13]. - In the first half of 2023, China's GDP grew by 5.5% year-on-year, exceeding the government's target of 5% for the entire year[14]. - The revenue of the catering industry reached RMB 2,432.9 billion in the first half of 2023, representing a year-on-year increase of 21.4%[24]. - The condiment industry is experiencing increased demand due to the recovery of the catering industry, prompting investments in product development and marketing[23]. Operational Efficiency - The Group implemented a "Lean Production" program to reduce operating costs and improve production efficiency across all business segments[15]. - The Group's digital transformation efforts have led to more subsidiaries inputting procurement, production, and sales data into the SAP ERP system, enhancing data analysis capabilities[70]. - The Group has been recognized with the "SAP Global Innovation Award" for its digital transformation initiatives[71]. - The Group is optimizing its supply chain and reducing operating costs to mitigate the impact of the global economic downturn on its operations[76]. Investment and Development - The cumulative amount dedicated for the Huabao TechInno Project was approximately RMB7.5463 million, representing an investment progress of 1.68%[39]. - The cumulative amount for the Huabao Digital Project was approximately RMB19.0878 million, with an investment progress of 31.81%[39]. - The balance of unused IPO proceeds amounted to approximately RMB1,648 million as of 30 June 2023[39]. - The Group is actively developing overseas markets, including Malaysia, Thailand, and Indonesia, to enhance revenue sources[33]. Research and Development - The R&D investment during the reporting period was approximately RMB 116 million, representing 7.6% of revenue, an increase of 1.6 percentage points compared to the same period last year[59]. - The Group's investment in innovative tobacco product R&D led to the application of 35 patents, consolidating its competitiveness in the field of innovative tobacco products[61]. - The Group launched a new product, "Chinese Chef's Bone Broth," aimed at diversifying the product mix and enhancing the efficiency and quality of dishes for chefs[54]. Employee and Management - As of June 30, 2023, the Group employed a total of 4,003 employees, an increase from 3,875 as of December 31, 2022[65]. - The Group has implemented targeted training programs to enhance employees' problem-solving skills and support business development[66]. - The Group emphasized sustainable development goals and organized training to raise employee awareness on ESG matters[15]. Financial Position - As of June 30, 2023, the net current asset value of the Group was RMB6,980,704,000, slightly up from RMB6,944,129,000 as of December 31, 2022[148]. - The total bank borrowings amounted to RMB466,850,000 as of June 30, 2023, down from RMB677,700,000 as of December 31, 2022[150]. - The Group's debt ratio decreased to 3.7% as of June 30, 2023, from 5.4% as of December 31, 2022[150]. - The average trade receivables turnover period increased to 102 days for the six months ended June 30, 2023, compared to 89 days for the last financial year[155]. Shareholder Information - Ms. CHU Lam Yiu holds 2,293,408,900 ordinary shares, representing 71.00% of the issued share capital of the Company[170]. - The total number of shares available for issue under the 2016 Share Option Scheme is 310,665,796 shares, approximately 9.62% of the issued shares as of the report date[174]. - The Share Award Scheme aims to recognize and motivate contributions from participants, enhancing the Group's long-term business objectives[186].