智通财经APP讯，芯成科技(00365)发布公告，王彦欣先生因个人原因辞任公司独立非执行董事职务，自 2025年8月1日起生效。 ...

芯成科技(00365)发布公告，王彦欣先生因个人原因辞任公司独立非执行董事职务，自2025年8月1日起 生效。 ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 芯成科技控股有限公司 呈交日期: 2025年8月1日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 00365 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 2,000,000,000 | HKD | | 0.1 | HKD | | 200,000,000 | 本月底法定/註冊股本 ...

董事名單與其角色和職能 芯成科技控股有限公司董事會（「董事會」）成員載列如下︰ 執行董事 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分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 SINO ICT HOLDINGS LIMITED 芯 成 科 技 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號 : 00365） 董事會下設三個常設附屬委員會。下表提供董事會成員在這些附屬委員會中所擔任的職位： | | | 附屬委員會 | 審核委員會 | 薪酬委員會 | 提名委員會 | | --- | --- | --- | --- | --- | --- | | 董事 | | | | | | | 袁以沛先生 | | | / | M | C | | 夏 | 源先生 | | / | / | / | | 孟德慶先生 | | | / | / | / | | 白 鈺女士 | | | M | / | / | | 崔宇直先生 | | | C | / | M | | 鮑 | 毅先生 | | M | C | ...

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。 SINO ICT HOLDINGS LIMITED 芯 成 科 技 控 股 有 限 公 司 董事會僅藉此機會，對王先生在任期內對本公司作出的寶貴貢獻致以誠摯謝意。 承董事會命 芯成科技控股有限公司 主席 袁以沛 （於百慕達註冊成立之有限公司） （股份代號 : 00365） 獨立非執行董事辭任 芯成科技控股有限公司（「本公司」，連同附屬公司稱為「本集團」）董事（「董事」）會 （「董事會」）謹此宣佈，王彥欣先生（「王先生」）因個人原因辭任本公司獨立非執行董事 職務，自二零二五年八月一日起生效。 王先生已確認，彼與董事會及本公司在任何方面並無分歧，且概無關於其辭任的其他事宜須敦 請本公司股東或香港聯合交易所有限公司注意。 香港，二零二五年八月一日 於本公告日期，本公司之董事為執行董事袁以沛先生及夏源先生，非執行董事孟德慶先生及白鈺女士，獨立非執行董事崔宇直 先生、鮑毅先生及平凡先生。 - 1 - ...

Financial Performance - The company's revenue from SMT and semiconductor equipment manufacturing increased by approximately 11.98% year-on-year, reaching HKD 229,776,000[9]. - The gross profit for the SMT and semiconductor equipment segment was approximately HKD 95,215,000, higher than the previous year, driven by increased market demand and successful product development[12]. - The energy business generated revenue of approximately HKD 17,264,000, an increase of about HKD 10,654,000 year-on-year, although it requires long-term stable operations to achieve break-even[9]. - The group's total revenue for the year ended December 31, 2024, was approximately HKD 247,040,000, an increase of about HKD 35,245,000 or 16.64% compared to the same period in 2023[25]. - Revenue from SMT and semiconductor equipment and related businesses was approximately HKD 229,776,000, representing a year-on-year increase of about HKD 24,591,000 or 11.98%[26]. - The company reported a net loss attributable to shareholders of approximately HKD 34,417,000 for the year, a decrease of HKD 28,092,000 compared to the previous year[47]. - The company reported a loss before tax of HKD (61,064,000) for 2024, an improvement from a loss of HKD (70,750,000) in 2023, indicating a reduction in losses by about 13.5%[117]. - The net loss for the year was HKD (68,062,000) in 2024, compared to a net loss of HKD (106,812,000) in 2023, showing an improvement of approximately 36.3%[117]. Market Trends and Opportunities - The global SMT equipment market is projected to grow to $15.16 billion within five years, driven by the demand for high-performance SMT equipment in consumer electronics and emerging technologies[16]. - The shipment volume of global wearable devices is expected to approach 800 million units this year, indicating sustained demand for high-performance SMT equipment[17]. - In the automotive sector, SMT is crucial for the electrification and intelligence of vehicles, with SMT solder joints needing to withstand over 100,000 vibration and temperature cycles[18]. - By 2024, China is expected to add 42.46 GW of new energy storage capacity, surpassing pumped storage for the first time, indicating strong growth in the domestic energy storage industry[20]. - The company anticipates that the new energy storage industry will experience rapid development opportunities due to supportive policies and increasing installed capacity[22]. Corporate Strategy and Development - The company aims to continue its focus on technological research and development, process optimization, and market expansion to drive sustainable development[11]. - The company launched a new e-commerce platform, "Nitto Technology Mall," marking a significant step in digital transformation[12]. - The company is actively optimizing the operation of the He Rong power station, focusing on enhancing the reliability of the SVG system and improving battery management systems[14]. - The company expects to achieve a diversified profit model through simultaneous participation in spot trading and frequency regulation services, which will drive performance growth[15]. - The company aims to enhance operational resilience by optimizing product services and business structure while navigating market challenges and uncertainties[23]. Corporate Governance and Compliance - The company has adopted all provisions of the corporate governance code as per the listing rules[67]. - The board has established an appropriate liquidity risk management framework to meet the group's short-term, medium-term, and long-term financing and liquidity management requirements[61]. - The board has conducted ten meetings during the year to review and approve financial statements and operational performance[72]. - The company has established a reporting policy to allow employees and stakeholders to anonymously report any concerns regarding misconduct[103]. - The company’s governance report indicates that it has reviewed its shareholder communication policy, confirming effective communication with shareholders[114]. Environmental, Social, and Governance (ESG) Initiatives - The company is committed to developing environmentally friendly products and minimizing operational impacts on the environment[169]. - The company has established an ESG task force to oversee and manage ESG-related matters effectively[171]. - The company emphasizes the importance of health and safety in the workplace, categorizing it as a high priority in its ESG assessment[182]. - The company adheres strictly to various environmental protection laws in China, including the Environmental Protection Law and the Air Pollution Prevention and Control Law[185]. - The company has implemented measures to mitigate the impact of extreme weather events on production operations, including monitoring weather alerts and ensuring employee safety[194]. Employee and Stakeholder Relations - The company emphasizes a "people-oriented" management philosophy, ensuring fair treatment in hiring, promotion, and employee welfare[196]. - The company has implemented a mandatory provident fund scheme for employees in Hong Kong and a local government-managed retirement plan for employees in mainland China[154]. - The company has maintained effective communication and good relationships with key stakeholders, including employees, customers, and suppliers[161]. - The gender ratio among employees in 2024 was approximately 13:3, reflecting the company's commitment to gender equality[86]. - As of December 2024, the total number of employees at the factory is 303, with a gender distribution of 81% male and 19% female[198][199].

Financial Performance - Revenue for the year ended December 31, 2024, increased to HKD 247,040,000 from HKD 211,795,000, representing a growth of approximately 16.6%[2] - Gross profit remained stable at HKD 61,385,000 compared to HKD 61,371,000, indicating a slight increase[2] - Operating loss decreased to HKD 30,081,000 from HKD 46,071,000, showing an improvement of approximately 34.7%[3] - Net loss for the year was HKD 68,062,000, down from HKD 106,812,000, reflecting a reduction of about 36.2%[3] - The company reported a basic and diluted loss per share of HKD 2.36 for the year, down from HKD 4.30[4] - The net loss attributable to the company's owners for continuing operations was HKD 29,717,000 in 2024, down from HKD 37,786,000 in 2023, a reduction of 21.8%[23] - The company reported a net unrealized gain from non-listed equity investments of HKD 8,440,000 in 2024, a significant recovery from a loss of HKD 2,477,000 in 2023[19] - The company reported a pre-tax loss from continuing operations of HKD 61,064,000 for the year ended December 31, 2024[17] - The company reported a net loss attributable to shareholders of approximately HKD 34,417,000 for the year, a decrease of HKD 28,092,000 compared to the previous year[47] Revenue Breakdown - Revenue from industrial products production and sales reached HKD 229,776,000, up from HKD 205,185,000, reflecting an increase of 12.0%[15] - The electricity sales segment generated revenue of HKD 17,264,000, significantly increasing from HKD 6,610,000, marking a growth of 161.5%[15] - The group's total revenue for the year ended December 31, 2024, was HKD 247,040,000, an increase of 16.6% from HKD 211,795,000 in 2023[15] - The group's total revenue for the year ended December 31, 2024, was approximately HKD 247,040,000, an increase of about HKD 35,245,000 or 16.64% compared to the same period in 2023, driven by growth in SMT and semiconductor equipment manufacturing and energy business revenues[29] - Revenue from SMT and semiconductor equipment and related businesses was approximately HKD 229,776,000, representing a year-on-year increase of about HKD 24,591,000 or 11.98%, with a segment gross profit of approximately HKD 95,215,000, up 14.51% from HKD 83,151,000 in 2023[30] Assets and Liabilities - Total assets decreased to HKD 923,846,000 from HKD 960,502,000, a decline of approximately 3.8%[5] - The total assets of the group as of December 31, 2024, amounted to HKD 923,846,000, compared to HKD 960,502,000 in the previous year[17][18] - The total liabilities for the group were HKD 738,925,000, an increase from HKD 706,925,000 in 2023[17][18] - Non-current liabilities decreased to HKD 350,277,000 from HKD 378,175,000, a reduction of approximately 7.4%[6] - The company's cash and cash equivalents increased to HKD 205,301,000 from HKD 183,169,000, representing a growth of about 12.1%[5] - The company's current assets were approximately HKD 422,449,000, with a current ratio of about 108.7%, indicating sufficient liquidity for operational needs[50] - The company's net assets attributable to shareholders decreased by approximately 13.61% to HKD 226,126,000, primarily due to the annual loss[54] Operational Changes - The company has ceased operations in the advanced domestic radar hardware manufacturing and intelligent software development business[7] - The company continues to focus on surface mount technology (SMT) equipment manufacturing and energy business in China[7] - The company is seeking to sell certain assets related to its radar business, with assets classified as held for sale valued at HKD 2,127,000 in 2024 compared to HKD 4,576,000 in 2023[27] - The company's operating expenses decreased by 6.51% year-on-year to approximately HKD 90,973,000, mainly due to the termination of the radar business[45] Market and Industry Insights - The domestic smartphone shipment volume in China reached approximately 286 million units in 2024, reflecting a year-on-year growth of 5.6%[32] - The total number of public charging piles in China increased, with an average of about 71,000 new public charging piles added monthly in 2024, and total charging electricity reached approximately 5.91 billion kWh, a year-on-year increase of 55.2%[33] - By the end of 2024, the total number of mobile phone base stations in China reached 12.65 million, with a penetration rate of 33.6%[34] - The global semiconductor sales grew by 19.1% in 2024, reaching a historical high, with expectations for continued double-digit growth driven by memory and AI semiconductors[34] - The PCB industry is expected to play a crucial role in the electronic manufacturing sector, with the SMT machine market size projected to reach approximately RMB 36.64 billion in 2024, up from RMB 32.81 billion in 2023[35] Governance and Compliance - The company has adopted the corporate governance code as per the listing rules and has complied with it throughout the year[63] - The audit committee has been established to review and monitor the company's internal controls and financial reporting matters[64] - The company confirms that its securities have sufficient public float as required by the listing rules[67] - The board does not recommend the payment of a final dividend for the year ending December 31, 2024[61] - The company did not declare or recommend any dividends for the year ended December 31, 2024, consistent with 2023[24] Future Outlook - The company expects that the newly adopted and revised Hong Kong Financial Reporting Standards will not have a significant impact on the consolidated financial statements[13] - The group anticipates continued growth in the Chinese market, excluding Hong Kong, with revenue reaching HKD 238,133,000, up from HKD 207,811,000[15] - Forward-looking statements regarding the company's business prospects are subject to various factors that may cause actual results to differ significantly[69]

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 142.6 million, an increase of 21.8% from HKD 117.0 million for the same period in 2023[3] - Gross profit for the same period was HKD 64.9 million, up 19.5% from HKD 54.3 million year-on-year[3] - Operating loss decreased to HKD 10.8 million from HKD 30.6 million, representing a 64.7% improvement[3] - Net loss for the period was HKD 26.5 million, a significant reduction from HKD 47.0 million in the previous year, marking a 43.5% decrease[4] - The company reported a basic and diluted loss per share of HKD 0.74, improved from HKD 1.92 in the previous year[4] - The company recorded a loss of HKD 10,777,000 for the six months ended June 30, 2024, compared to a loss of HKD 27,959,000 for the same period in 2023, showing a reduction in losses by approximately 61.4%[7] - The group recorded a loss attributable to owners of approximately HKD 10.78 million, a reduction of approximately HKD 17.18 million compared to the previous year, primarily due to improved performance in the SMT and semiconductor equipment segment[28] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 976.4 million, a slight increase from HKD 960.5 million at the end of 2023[5] - As of June 30, 2024, total liabilities increased to HKD 748,458,000 from HKD 706,925,000, representing a growth of approximately 5.9%[6] - Total equity decreased to HKD 227,989,000 as of June 30, 2024, down from HKD 253,577,000 at the end of 2023, reflecting a decline of approximately 10.1%[7] - The company’s non-current liabilities decreased slightly to HKD 371,733,000 from HKD 378,175,000, a reduction of about 1.2%[6] - The company’s retained earnings showed a significant decline, reaching HKD (23,444,000) as of June 30, 2024, compared to HKD 50,079,000 at the beginning of the year[7] Cash Flow and Investments - The company reported a net cash outflow from operating activities of HKD 10,289,000 for the six months ended June 30, 2024, compared to HKD 54,628,000 for the same period in 2023, indicating an improvement in cash flow management[8] - The net cash used in investing activities was HKD 12,444,000 for the six months ended June 30, 2024, an improvement from HKD 17,507,000 in the same period of 2023[8] - Cash and cash equivalents were HKD 180.7 million, down from HKD 183.2 million at the end of 2023[5] - Cash and cash equivalents decreased to HKD 180,715,000 as of June 30, 2024, from HKD 273,446,000 at the beginning of the year, a decline of approximately 33.9%[8] Revenue Segments - Industrial product sales contributed HKD 134,758,000 to the revenue, up from HKD 116,757,000, indicating a growth of 15.4%[14] - The energy business generated revenue of HKD 7,842,000, significantly up from HKD 297,000, marking a substantial increase of 2,546.1%[14] - The revenue from SMT and semiconductor equipment manufacturing and related businesses accounted for 92.36% of total revenue, with a segment revenue of approximately HKD 131.71 million, up 15.04% year-on-year[28] - The energy business segment generated revenue of approximately HKD 7.84 million, with a gross profit of approximately HKD 2.04 million, indicating potential for future growth[29] Market and Economic Outlook - The global economic growth is projected to be around 2.70% in 2024, with Asia continuing to be a major driver of growth[27] - The domestic smartphone shipment in China reached 122 million units from January to May 2024, reflecting a year-on-year growth of 13.30%[30] - The LED display market in China is expected to grow from RMB 53.7 billion in 2023 to RMB 63.4 billion in 2024, with small-pitch LED displays projected to reach RMB 17.4 billion, an increase of 11.80% year-on-year[30] - In the first half of 2024, China's domestic new energy vehicle penetration rate reached 38.60%, with June achieving a record high of 46.60%[31] - By the end of June 2024, cumulative production and sales of domestic new energy vehicles exceeded 30 million units, with Chinese brand passenger cars holding over 61% market share[31] Strategic Focus and Development - The company plans to focus on market expansion and new product development in the upcoming quarters[3] - The management highlighted ongoing efforts in technology research and development to enhance competitive positioning[3] - The group aims to enhance its technological research and development, particularly in the areas of new energy volatility and grid regulation[40] - The company plans to enhance its R&D capabilities and market expansion in the semiconductor equipment sector to improve operational efficiency and create sustainable returns for investors[38] Corporate Governance and Risk Management - The board of directors does not recommend the distribution of an interim dividend for the six-month period ending June 30, 2024, consistent with the previous year[65] - The group has established an appropriate liquidity risk management framework to meet short-term, medium-term, and long-term financing and liquidity management requirements[56] - The board believes that the group's credit risk has been significantly reduced through close monitoring and adequate impairment provisions[55] - The group faces foreign exchange risks due to transactions, assets, and liabilities denominated in various currencies, including RMB, HKD, and USD[57] - The audit committee has reviewed the group's interim performance for the six months ending June 30, 2024, and confirmed compliance with applicable accounting standards and regulations[63]

Financial Performance - The company reported a revenue of HKD 142,600,000 for the six months ended June 30, 2024, representing a 21.8% increase from HKD 117,039,000 in the same period of 2023[2] - The operating loss for the period was HKD 64,928,000, compared to a loss of HKD 54,305,000 in the previous year, indicating a deterioration in operational performance[2] - The net loss for the period was HKD 26,518,000, significantly improved from a net loss of HKD 47,004,000 in the prior year[3] - Basic and diluted loss per share improved to HKD 0.74 from HKD 1.92 in the previous year[4] - The company reported a net loss attributable to shareholders of HKD 10,777,000 for the six months ended June 30, 2024, compared to a loss of HKD 27,959,000 in the same period of 2023[17] - The group reported a loss attributable to shareholders of approximately HKD 10,777,000 for the six months ended June 30, 2024, a reduction attributed to improved performance in SMT and semiconductor equipment manufacturing[20] - The group recorded a net loss attributable to shareholders of approximately HKD 10.8 million for the six months ended June 30, 2024, an improvement from a loss of HKD 27.96 million in the same period of 2023[32] Assets and Liabilities - The company's total assets increased to HKD 976,447,000 as of June 30, 2024, up from HKD 960,502,000 at the end of 2023[6] - Non-current assets decreased to HKD 531,732,000 from HKD 554,533,000, primarily due to a reduction in property, plant, and equipment[5] - Current assets totaled HKD 444,715,000, an increase from HKD 405,969,000, driven by higher accounts receivable[6] - The total liabilities increased to HKD 748,458,000 from HKD 706,925,000, reflecting higher accounts payable[6] - As of June 30, 2024, accounts receivable totaled HKD 87,409,000, a significant increase from HKD 58,327,000 as of December 31, 2023, with 0 to 90 days receivables decreasing from HKD 50,359,000 to HKD 37,877,000[18] - Accounts payable reached HKD 86,866,000 as of June 30, 2024, up from HKD 24,850,000 as of December 31, 2023, with 0 to 90 days payables increasing from HKD 24,091,000 to HKD 38,360,000[19] Revenue Breakdown - Industrial products sales contributed HKD 134,758,000, up from HKD 116,757,000, while electricity sales increased to HKD 7,842,000 from HKD 297,000[12] - Revenue from the SMT and semiconductor equipment manufacturing segment was approximately HKD 131,709,000, a year-on-year increase of 15.04%, with a gross profit of HKD 59,835,000, also up by 15.36%[21] - The total revenue from external customers in mainland China was HKD 139,551,000, up from HKD 114,785,000 in the previous year[12] Expenses and Financials - Financial expenses netted at HKD 12,497,000, slightly down from HKD 12,656,000 in the previous year[16] - Other income, including government grants, totaled HKD 4,950,000, an increase from HKD 3,815,000 in the prior year[15] - The company incurred administrative expenses of HKD 59,524,000, reflecting an increase from HKD 66,164,000 in the previous year[13] Cash and Current Assets - The company’s cash and cash equivalents were HKD 180,715,000, slightly down from HKD 183,169,000[5] - As of June 30, 2024, the group's net current assets were approximately HKD 67.99 million, with a current ratio of about 118.05%, supporting daily operational needs[33] - The group held approximately HKD 180.72 million in cash and cash equivalents as of June 30, 2024, a decrease of about HKD 2.45 million from the beginning of the period[34] Business Operations and Strategy - The company has ceased operations in the radar business as of October 31, 2023, focusing on surface mount technology equipment manufacturing and energy sales[7] - The group aims to enhance its pricing capabilities in the frequency regulation market and explore peak-shaving and valley-filling patterns to achieve greater economic benefits[26] - The group is committed to technology research and development, particularly in renewable energy volatility and grid regulation, to improve intelligent monitoring and forecasting capabilities[26] Market Outlook - The domestic LED display market size was approximately RMB 53.7 billion in 2023, with a year-on-year growth of 8.9%, projected to reach RMB 63.4 billion in 2024[22] - The global semiconductor manufacturing equipment sales are forecasted to grow by 3.4% to USD 109 billion in 2024, marking a new historical high[23] - As of the end of 2023, 26 provinces in China have set energy storage installation targets for 2025, totaling 81GW, indicating significant market potential for energy storage frequency regulation[25] - In 2023, major power companies in China completed investments totaling RMB 1,550.2 billion, a year-on-year increase of 24.7%, with renewable energy installations becoming the main focus of domestic power investment[25] Corporate Governance and Compliance - The company emphasizes the importance of good corporate governance practices and has adopted the corporate governance code as per the listing rules[44] - The board has confirmed adherence to the standards of the securities trading code during the six months ending June 30, 2024[43] - The audit committee has reviewed the interim results for the six months ending June 30, 2024, and confirmed compliance with applicable accounting standards and regulations[45] Risk Management - The group faces foreign exchange risk due to transactions and assets denominated in various currencies, including RMB, HKD, and USD, and will continue to monitor these risks closely[41] - The board has established a framework for managing liquidity risk to meet the group's short-term, medium-term, and long-term financing needs[40] - The group has significantly reduced credit risk by closely monitoring overall credit risk levels and ensuring adequate impairment provisions for uncollectible amounts[39] Dividends - The company did not declare or recommend any dividends during the reporting period[16] - The board does not recommend the distribution of an interim dividend for the six months ending June 30, 2024, consistent with the previous year[43] Forward-Looking Statements - The company warns investors about the potential risks associated with relying on unaudited consolidated results and operational data[47] - Forward-looking statements regarding the group's business opportunities and outlook do not guarantee future performance and may differ significantly due to various factors[48]

Financial Performance - For the fiscal year ending December 31, 2023, the company's revenue was approximately HKD 211,795,000, with a gross profit of HKD 61,371,000, resulting in a gross margin of 29%[11] - For the fiscal year ending December 31, 2023, the company's revenue was HKD 211,795,000, a decrease of 8.36% compared to HKD 231,140,000 in 2022[125] - The gross profit for the same period was approximately HKD 61,371,000, down by about HKD 33,143,000, resulting in a gross margin of 29%, a decrease of 12 percentage points year-on-year[30] - The company reported a loss before tax of HKD (70,750,000) for 2023, compared to a loss of HKD (24,563,000) in the previous year[125] - The net loss for the year was HKD (106,812,000), compared to a net loss of HKD (33,329,000) in 2022, indicating a significant increase in losses[125] - The company recorded total revenue of approximately HKD 211,795,000 for the year, a decrease from HKD 231,140,000 in the previous year, representing a decline of about 8.36%[43] - The energy business generated revenue of HKD 6,610,000, marking its first contribution to total revenue[43] - Other income increased by approximately HKD 2,612,000 to HKD 23,276,000, primarily due to an increase in property rental income[45] - Distribution costs decreased by approximately 22.71% to HKD 34,929,000 compared to the previous year[46] - Administrative expenses rose by approximately 10.40% to HKD 97,311,000 compared to the previous year[47] - The company’s cash and cash equivalents decreased by HKD 90,277,000 to approximately HKD 183,169,000 compared to the beginning of the year[54] - The company’s net assets decreased by approximately 17.36% to HKD 261,745,000, primarily due to the net loss incurred during the year[58] - The total assets of the company as of December 31, 2023, were HKD 960,502,000, down from HKD 1,157,741,000 in 2022, representing a decrease of 17.01%[125] - The total liabilities decreased to HKD (706,925,000) in 2023 from HKD (804,461,000) in 2022, a reduction of 12.13%[125] - The company has confirmed that its risk management and internal control systems are effective and sufficient as of December 31, 2023[111] - The company has made adjustments to its financial reporting due to changes in accounting policies and the termination of certain business operations[125] Business Segments - The SMT and semiconductor equipment manufacturing segment generated revenue of approximately HKD 205,185,000, a year-on-year decrease of 11%, while maintaining a gross margin of 41%[12] - The energy business segment reported revenue of approximately HKD 6,610,000, with a gross loss of HKD 21,780,000, primarily due to high construction and operational costs[15] - The company successfully built the first domestic all-spot trading energy storage power station in Shanxi, with a total installed capacity of 500 MW/1000 MWh, enhancing grid flexibility and energy quality[15] - The company launched the semiconductor packaging equipment IC bonding machine WBD2200 PLUS in 2023, suitable for various sensor applications[20] - The company launched several new products in 2023, including IC bonding machines and semiconductor ovens, which have shown significant improvements in functionality and reliability compared to previous models[36] - The company is focused on expanding its market presence and enhancing its product offerings in the semiconductor and technology sectors[139] Market Trends - The company anticipates that global inflation will gradually improve in 2024, although geopolitical risks may continue to impact economic growth[11] - The overall industrial value added in China grew by 4.6% year-on-year, indicating a recovering economic environment despite challenges[12] - In 2023, the global sales of new energy vehicles reached 13.03 million units, a year-on-year increase of 29.8%, with China accounting for over 60% of the global market[22] - The domestic new energy vehicle market is expected to see significant growth driven by technological innovation and the rise of intelligent driving systems[22] - The domestic smartphone market showed signs of recovery with a total shipment increase of 6.5% year-on-year, and 5G smartphone shipments grew by 11.9%[35] - The Chinese LED market is projected to reach RMB 684 billion in 2023, with an expected increase to RMB 721 billion in 2024[35] - The PCB industry is forecasted to reach a market size of RMB 3,096.63 billion in 2023, increasing to RMB 3,300.71 billion in 2024[36] - Sales of semiconductor equipment components in China are expected to rise to USD 22.46 billion by 2024, up from USD 19.54 billion in 2023[36] - The global 5G user base is projected to exceed 2 billion, with a penetration rate of 25% by 2024, indicating a strong market outlook[20] Innovation and Development - The company introduced several new products in the semiconductor packaging equipment sector and obtained five new patents, showcasing its innovation capabilities[14] - The company aims to participate in the implementation of the "14th Five-Year" new energy storage development plan, enhancing electrochemical storage technology performance and reducing system costs[26] - The company plans to enhance load management and demand response capabilities using IoT technology and establish a big data management system and energy storage cloud platform[17] - The company has initiated a simulation operation for primary frequency modulation in the power auxiliary service market, obtaining valuable test data[17] - The company emphasizes the importance of safety management systems in power station operations, focusing on electrical, fire, and chemical safety[17] Governance and Compliance - The company has adopted the corporate governance code as per the listing rules and has complied with all relevant provisions during the year[75] - The board has assessed the independence of all independent non-executive directors and confirmed their compliance with the independence requirements[75] - The company has made appropriate insurance arrangements for its directors and senior officers against potential legal actions[82] - The roles of the chairman and the CEO are distinct, with the chairman being an executive director and the CEO also being an executive director[83] - The board consists of eight members, with six being non-executive directors, including four independent non-executive directors, ensuring diverse perspectives[95] - The Audit Committee held three meetings during the year ending December 31, 2023, and reviewed the annual and interim financial reports[84] - The Remuneration Committee conducted one meeting during the year and provided recommendations on the remuneration policy for directors and senior management[86] - The Nomination Committee reviewed the board structure and diversity policy, confirming its effectiveness for the year 2023[89] - The company aims to appoint at least one female director by December 31, 2024, supporting gender equality initiatives[90] - The employee gender ratio in 2023 was 30:7, highlighting the company's commitment to diversity[90] - Independent non-executive directors undergo annual independence assessments as per listing rules[94] - The company emphasizes the importance of a balanced skill set among board members to enhance decision-making[90] - The board has established a risk management system that includes a three-tier approach to identify, assess, and mitigate risks across different business segments[105] - The internal control system is based on COSO principles, ensuring compliance with laws and regulations, and the safety of group assets[106] - The focus of internal controls during the year was on the energy storage business, with measures to address regulatory risks and market competition[108] - The company has implemented a whistleblowing policy allowing employees and stakeholders to report concerns anonymously to the audit committee[109] - The board conducts annual reviews of governance mechanisms, confirming their effective implementation for the fiscal year ending December 31, 2023[96] - The company believes it has sufficient resources for continued operation in the foreseeable future, justifying the use of the going concern basis for financial statements[102] - The independent non-executive directors attended all board meetings, demonstrating strong governance and oversight[97] Environmental, Social, and Governance (ESG) - The group is committed to environmental sustainability and has complied with environmental protection laws and regulations as of December 31, 2023[174] - The company has established an ESG dedicated team to oversee governance responsibilities related to environmental, social, and governance matters[189] - The ESG report covers the period from January 1, 2023, to December 31, 2023, focusing on the company's operations in Shenzhen, Guangdong Province[192] - The company actively engages with stakeholders through various channels, including annual general meetings and performance assessments[195] - The company emphasizes the importance of maintaining good relationships with stakeholders, including employees, customers, suppliers, and the community[186] - The company is committed to developing environmentally friendly products and minimizing operational impacts on the environment[185] - The company has implemented a structured approach to assess and report on ESG matters, ensuring consistency in key performance indicators[192] - The company aims to enhance its ESG performance and contribute to sustainable development[190] - The company has implemented anti-corruption and bribery policies, which are considered medium significance[200] - The company maintains a high importance on avoiding child labor and forced labor within its labor standards[200] - The company has established clear procurement rules to ensure fair supply chain management, rated as medium significance[200] - The company highlights the high importance of health and safety management systems in production locations[200] - Employee training and development are considered medium significance for the company's social responsibility initiatives[200] - The impact of extreme weather events on production activities is recognized as a medium significance environmental concern[198] - The company emphasizes the importance of greenhouse gas emissions management and waste management as medium significance issues[198]