Financial Performance - The company's revenue for the year ended December 31, 2022, decreased by 42.6% to HKD 100,387,000 compared to HKD 175,010,000 in the previous year[9]. - The net loss for the year was HKD 26,796,000, a significant increase from the net loss of HKD 5,519,000 in the previous year[6][9]. - The gross profit for the year was HKD 24,297,000, slightly up from HKD 24,079,000 in the previous year, indicating a stable gross margin despite declining revenues[6]. - The group's revenue decreased by approximately 42.6% from about HKD 175 million for the year ended December 31, 2021, to about HKD 100.4 million for the year ended December 31, 2022[13]. - The gross profit margin increased to 24.2% for the year ended December 31, 2022, compared to 13.8% for the previous year, attributed to the introduction of higher-priced new products[14]. - The loss attributable to equity holders for the year ended December 31, 2022, was approximately HKD 26.8 million, compared to a loss of HKD 5.5 million in the previous year[19]. - The group reported no final dividend for the year ended December 31, 2022, compared to zero in the previous year[139]. Assets and Liabilities - Non-current assets decreased to HKD 108,911,000 from HKD 142,400,000 in the previous year, reflecting a reduction in property, plant, and equipment[7]. - Current assets also decreased to HKD 113,252,000 from HKD 145,952,000, indicating a tightening liquidity position[7]. - The total assets less current liabilities stood at HKD 125,082,000, down from HKD 156,847,000 in the previous year, reflecting a decline in financial stability[7]. - Cash and bank balances as of December 31, 2022, were HKD 38.1 million, down from HKD 46 million in the previous year[21]. - The bank loans as of December 31, 2022, amounted to HKD 70.9 million, a decrease from HKD 81.8 million in the previous year[21]. - The distributable reserves of the company as of December 31, 2022, were approximately HKD 68,000,000[152]. Operational Challenges - The company has been facing challenges due to the COVID-19 pandemic, including supply chain disruptions and currency depreciation affecting export trade[9][12]. - The company is continuously reassessing its business strategies to streamline operations and improve overall performance[9][12]. - The group faced liquidity risk due to insufficient funds or inability to liquidate assets, impacting its ability to meet obligations[35]. - The expected credit loss provision for trade receivables increased by HKD 5.5 million due to longer collection periods for certain customers[18]. Corporate Governance - The board emphasizes the importance of corporate governance and has adhered to the relevant listing rules throughout the fiscal year[49]. - The company has established a written terms of reference for the audit committee, which is responsible for reviewing and supervising the financial reporting process and internal control systems[73]. - All independent non-executive directors confirmed their independence according to the listing rules, ensuring compliance with governance standards[68]. - The company has adopted an anti-corruption policy to promote compliance with anti-corruption laws and guidelines, ensuring no tolerance for any form of corruption or fraud[115]. - The board of directors held four meetings during the fiscal year ending December 31, 2022, with attendance records showing full participation from most members[67]. Employee and Management Information - The company employed approximately 130 employees as of December 31, 2022, down from 160 employees in the previous year[20]. - The company is committed to providing attractive compensation packages to retain key personnel essential for achieving business objectives[39]. - The gender ratio of employees as of December 31, 2022, is 75:25, indicating a commitment to gender diversity within the workforce[66]. Future Outlook - The outlook for 2023 remains uncertain, influenced by inflation and geopolitical risks, with expectations of rising raw material costs and fluctuating consumer behavior[46]. - The group aims to maintain operational flexibility and discipline while adapting to changing consumer behaviors and market dynamics[46]. - The company will continue to monitor market conditions and adjust strategies as necessary to ensure sustainability[53]. Audit and Financial Reporting - The independent auditor's report confirms the financial statements present a true and fair view of the financial position[89]. - The company must ensure that the consolidated financial statements are prepared in accordance with the Hong Kong Financial Reporting Standards and reflect a true and fair view of the group's financial position as of December 31, 2022[183]. - The audit process involves identifying and assessing risks of material misstatement due to fraud or error, and designing audit procedures to address these risks[200]. - The auditor evaluates the appropriateness of accounting policies adopted by the directors and the reasonableness of accounting estimates and related disclosures[200]. Shareholder Information - The company has engaged in shareholder and investor communication activities, expressing satisfaction with the implementation and effectiveness of its communication policy[109]. - The company has a structured process for shareholders to submit inquiries in writing, ensuring transparency and responsiveness[109]. - Shareholders holding at least 10% of the paid-up capital have the right to request the board to convene a special general meeting[102]. - Shareholders with at least 5% of the paid-up capital can submit written requests to notify other shareholders of any proposed resolutions at the next general meeting[106].

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佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就本公佈全部或任何部 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。 （於英屬處女群島註冊成立並遷冊至百慕達及於百慕達存續之有限公司） （股份代號：396） 截至二零二二年十二月三十一日止年度 全年業績公佈 興利（香港）控股有限公司（「本公司」）董事會（「董事會」）僅此公佈本公司及其附 屬公司（「本集團」）截至二零二二年十二月三十一日止年度經審核綜合業績，連同 截至二零二一年十二月三十一日止年度同期的比較數字。 本集團業績已經由本公司審核委員會及董事會審閱。 ...

Financial Performance - The company reported a revenue of HKD 57,091,000 for the six months ended June 30, 2022, a decrease of 34.4% compared to HKD 87,041,000 in the same period of 2021[4]. - Gross profit for the same period was HKD 11,251,000, slightly down from HKD 11,486,000, reflecting a gross margin of approximately 19.7%[4]. - The operating loss for the six months was HKD 9,617,000, compared to an operating profit of HKD 4,029,000 in the previous year[4]. - The net loss attributable to equity holders was HKD 12,488,000, compared to a profit of HKD 1,033,000 in the prior year[4]. - The company reported a total comprehensive loss of HKD 13,775,000 for the period, compared to a comprehensive income of HKD 1,040,000 in the same period last year[5]. - Revenue from Asia (excluding China) was HKD 23,460,000, down 62.8% from HKD 63,103,000 in the previous year[17]. - Revenue from the United States increased significantly to HKD 20,796,000, up 111.5% from HKD 9,804,000 in the previous year[17]. - The company reported a basic loss per share of HKD 0.0154 for the six months ended June 30, 2022, compared to earnings per share of HKD 0.0013 for the same period in 2021[24]. - The group reported a loss attributable to equity shareholders of approximately HKD 12,500,000 for the six months ended June 30, 2022, compared to a profit of HKD 1,000,000 for the same period in 2021[49]. Cash Flow and Assets - Cash and cash equivalents decreased to HKD 35,752,000 from HKD 45,974,000 at the end of the previous year, reflecting a net cash outflow of HKD 9,939,000[10]. - Total assets decreased to HKD 134,014,000 from HKD 145,952,000, while total liabilities decreased to HKD 114,686,000 from HKD 131,505,000[7]. - The company’s equity attributable to shareholders decreased to HKD 133,636,000 from HKD 147,411,000[7]. - The company’s non-current assets in China were valued at HKD 121,770,000 as of June 30, 2022, down from HKD 142,392,000 as of December 31, 2021[18]. - As of June 30, 2022, the net book value of properties, plants, and equipment decreased to HKD 93,214,000 from HKD 110,585,000 at the beginning of the year, reflecting a decline of approximately 15.7%[27]. - Trade receivables as of June 30, 2022, amounted to HKD 31,062,000, down from HKD 37,916,000 at the end of 2021, representing a decrease of about 18.2%[31]. - The company reported a total of HKD 55,359,000 in trade and other receivables as of June 30, 2022, compared to HKD 54,246,000 at the end of 2021, indicating a slight increase of approximately 2.0%[31]. - Bank loans decreased to HKD 76,112,000 as of June 30, 2022, from HKD 81,776,000 at the beginning of the year, a reduction of about 7.5%[34]. Expenses and Liabilities - The company experienced a significant increase in administrative expenses, rising to HKD 18,958,000 from HKD 6,835,000 year-on-year[4]. - The cost of goods sold was HKD 45,840,000, down 39.4% from HKD 75,555,000 in the previous year[19]. - The company’s financial expenses for the period included interest on borrowings of HKD 2,501,000, a slight decrease from HKD 2,557,000 in the previous year[19]. - The company had no outstanding share options as of June 30, 2022, consistent with the previous year[36]. - The total remuneration for key management personnel for the six months ended June 30, 2022, was HKD 1,294,000, a decrease from HKD 1,679,000 in the same period of the previous year, reflecting a decline of approximately 22.9%[41]. Corporate Governance - The company has complied with the corporate governance code, with some deviations noted[68]. - The roles of the chairman and CEO are held by the same individual, Mr. Song Kaiqing, to provide strong leadership[69]. - The audit committee consists of three members, including Mr. Jiang Xingqi as the chairman, overseeing financial reporting and internal control systems[71]. - The company has established a Compensation Committee with a written terms of reference that complies with corporate governance codes[72]. - The Compensation Committee consists of three members, including Ms. Leung Yuen Man (Chair), Mr. Fung Kin Chung, and Mr. Cheung Hing Kei, all of whom are independent non-executive directors[72]. - The company has formed a Nomination Committee with a written terms of reference that aligns with corporate governance code section B.3.1[74]. - The Nomination Committee has five members, chaired by Mr. Fung Kin Chung, and includes Mr. Song Kaiqing, Mr. Cheung Kong Cheung, Ms. Leung Yuen Man, and Mr. Cheung Hing Kei[74]. Shareholder Information - As of June 30, 2022, the company had a total of 808,096,025 shares issued[63]. - Mr. Song Kaiqing holds 288,596,777 shares, representing approximately 35.71% of the company's equity[63]. - Mr. Zhang Gangzhang holds 62,040,465 shares, representing approximately 7.68% of the company's equity[63]. - King Right Holdings Limited, owned by Mr. Song, holds 258,906,777 shares, representing approximately 32.04% of the company's equity[64]. - United Sino Limited, owned by Mr. Zhang, holds 54,840,465 shares, representing approximately 6.79% of the company's equity[64]. Future Outlook - The group remains cautiously optimistic about future recovery despite challenges from the pandemic and market fluctuations[50]. - The group continues to monitor foreign exchange risks and may consider hedging strategies as needed[53].

股份代號 : 396 （於英屬處女群島註冊成立並遷冊至百慕達及於百慕達存續之有限公司） 年報 2021 目錄 2 公司資料 3 財務概要 4 主席報告 5 管理層討論及分析 11 企業管治報告 23 董事及高級管理層詳歷 26 董事會報告 35 獨立核數師報告 41 綜合損益表 42 綜合損益及其他全面收益表 43 綜合財務狀況表 44 綜合權益變動表 45 綜合現金流量表 47 綜合財務報表附註 公 司 資 料 董事會 執行董事 宋啟慶先生 （主席兼首席執行官） 張港璋先生 獨立非執行董事 孫堅先生 邵漢青女士（於二零二二年二月十日辭任） 江興琪先生 馮建中先生（於二零二二年二月十日獲委任） 審核委員會 江興琪先生 （主席） 孫堅先生 邵漢青女士（於二零二二年二月十日辭任） 馮建中先生（於二零二二年二月十日獲委任） 薪酬委員會 孫堅先生 （主席） 邵漢青女士（於二零二二年二月十日辭任） 江興琪先生 馮建中先生（於二零二二年二月十日獲委任） 提名委員會 邵漢青女士 （主席） （於二零二二年二月十日辭任） 馮建中先生 （主席） （於二零二二年二月十日獲委任） 宋啟慶先生 張港璋先生 孫堅先生 江興琪先生 公司秘 ...

中期報告 INTERIM 2021 2021 REPORT Hing Lee (HK) Holdings Limited 公司資料 董事會 執行董事 宋啟慶先生 （主席兼首席執行官） 張港璋先生 獨立非執行董事 孫堅先生 邵漢青女士 江興琪先生 審核委員會 江興琪先生 （主席） 孫堅先生 薪酬委員會 孫堅先生 （主席） 邵漢青女士 江興琪先生 提名委員會 邵漢青女士 （主席） 宋啟慶先生 張港璋先生 孫堅先生 江興琪先生 公司秘書 黃杰偉先生，FHKICPA, FCIS Interim Report 2021 中期報告 目 錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 簡明綜合中期損益表 | 3 | | 簡明綜合中期損益及其他全面收入表 | 4 | | 簡明綜合中期財務狀況表 | 5 | | 簡明綜合中期權益變動表 | 6 | | 簡明綜合中期現金流量表 | 7 | | 簡明綜合中期財務報表附註 | 8 | | 管理層討論及分析 | 19 | | 企業管治及其他資料 | 23 | 授權代表 宋啟慶先生 黃杰偉先生 主要往來銀行 中國銀行（香港）有限公司 中國建設銀行股份有限公 ...

董事會 執行董事 宋啟慶先生 （主席兼首席執行官） 張港璋先生 獨立非執行董事 孫堅先生 邵漢青女士 江興琪先生 審核委員會 股份代號 : 396 （於英屬處女群島註冊成立並遷冊至百慕達及於百慕達存續之有限公司） 年 報 2020 目 錄 2 公司資料 3 財務概要 4 主席報告 5 管理層討論及分析 12 企業管治報告 24 董事及高級管理層詳歷 27 董事會報告 36 獨立核數師報告 43 綜合損益表 44 綜合損益及其他全面收益表 45 綜合財務狀況表 46 綜合權益變動表 47 綜合現金流量表 49 綜合財務報表附註 公 司 資 料 江興琪先生 （主席） 孫堅先生 邵漢青女士 薪酬委員會 孫堅先生 （主席） 邵漢青女士 江興琪先生 提名委員會 邵漢青女士 （主席） 宋啟慶先生 張港璋先生 孫堅先生 江興琪先生 公司秘書 黃杰偉先生，FHKICPA, FCIS 授權代表 宋啟慶先生 黃杰偉先生 主要往來銀行 中國銀行（香港）有限公司 中國建設銀行股份有限公司 總辦事處及香港主要營業地點 香港 新界沙田安耀街3號 匯達大廈11樓1101室 註冊辦事處 The Belvedere Building, 69 ...

中期報告 2020 2020 Hing Lee (HK) Holdings Limited Interim Report 2020 中期報告 目 錄 | | 頁次 | | --- | --- | | 公司資料 | 2 | | 簡明綜合中期損益表 | 3 | | 簡明綜合中期損益及其他全面收入表 | 4 | | 簡明綜合中期財務狀況表 | 5 | | 簡明綜合中期權益變動表 | 6 | | 簡明綜合中期現金流量表 | 7 | | 簡明綜合中期財務報表附註 | 8 | | 管理層討論及分析 | 20 | | 企業管治及其他資料 | 23 | 興利（香港）控股有限公司 二零二零年中期報告 2 公司資料 董事會 執行董事 宋啟慶先生 （主席兼首席執行官） 張港璋先生 獨立非執行董事 孫堅先生 邵漢青女士 江興琪先生 審核委員會 江興琪先生 （主席） 孫堅先生 邵漢青女士 薪酬委員會 孫堅先生 （主席） 邵漢青女士 江興琪先生 提名委員會 邵漢青女士 （主席） 宋啟慶先生 張港璋先生 孫堅先生 江興琪先生 公司秘書 黃杰偉先生，FHKICPA, FCIS 授權代表 宋啟慶先生 黃杰偉先生 主要往來銀行 中國銀行（香港） ...

年 報 股份代號 : 396 （於英屬處女群島註冊成立並遷冊至百慕達及於百慕達存續之有限公司） HING LEE 2019 年 報 HING LEE ANNUAL REPORT 2019 Hing Lee (HK) Holdings Limited ANNUAL REPORT 2019 目 錄 2 公司資料 3 財務概要 4 主席報告 5 管理層討論及分析 11 企業管治報告 23 董事及高級管理層詳歷 26 董事會報告 35 獨立核數師報告 43 綜合損益表 44 綜合損益及其他全面收益表 45 綜合財務狀況表 46 綜合權益變動表 47 綜合現金流量表 49 綜合財務報表附註 公 司 資 料 董事會 執行董事 宋啟慶先生 （主席兼首席執行官） 張港璋先生 江興琪先生 （主席） 孫堅先生 邵漢青女士 獨立非執行董事 薪酬委員會 孫堅先生 邵漢青女士 江興琪先生 孫堅先生 （主席） 邵漢青女士 江興琪先生 審核委員會 提名委員會 邵漢青女士 （主席） 宋啟慶先生 張港璋先生 孫堅先生 江興琪先生 公司秘書 黃杰偉先生，FHKICPA, FCIS 授權代表 宋啟慶先生 黃杰偉先生 主要往來銀行 中國銀行（香港） ...

中 期 報 告 目錄 | 公司資料 | 2 | | --- | --- | | 簡明綜合中期損益表 | 3 | | 簡明綜合中期損益及其他全面收入表 | 4 | | 簡明綜合中期財務狀況表 | 5 | | 簡明綜合中期權益變動表 | 6 | | 簡明綜合中期現金流量表 | 7 | | 簡明綜合中期財務報表附註 | 8 | | 管理層討論及分析 | 24 | | 企業管治及其他資料 | 27 | 頁次 興利（香港）控股有限公司 公司資料 董事會 執行董事 宋啟慶先生 （主席兼首席執行官） 張港璋先生 獨立非執行董事 孫堅先生 邵漢青女士 江興琪先生 審核委員會 江興琪先生 （主席） 孫堅先生 邵漢青女士 薪酬委員會 孫堅先生 （主席） 邵漢青女士 江興琪先生 提名委員會 邵漢青女士 （主席） 宋啟慶先生 張港璋先生 孫堅先生 江興琪先生 公司秘書 黃杰偉先生，FHKICPA, FCIS 授權代表 宋啟慶先生 黃杰偉先生 主要往來銀行 中國銀行（香港）有限公司 中國建設銀行股份有限公司 總辦事處及香港主要營業地點 香港 新界沙田安耀街3號 匯達大廈 11樓1101室 註冊辦事處 The Belvedere Bui ...

股份代號 : 396 （於英屬處女群島註冊成立並遷冊至百慕達及於百慕達存續之有限公司） 2 0 1 8 年 報 ANNUAL REPORT 2 0 1 8 Hing Lee (HK) Holdings Limited Annual Report 2018 年 報 目 錄 | 公司資料 | 2 | | --- | --- | | 財務概要 | 3 | | 主席報告 | 4 | | 管理層討論及分析 | 5 | | 企業管治報告 | 11 | | 董事及高級管理層詳歷 | 23 | | 董事會報告 | 26 | | 獨立核數師報告 | 35 | | 綜合損益表 | 43 | | 綜合損益及其他全面收益表 | 44 | | 綜合財務狀況表 | 45 | | 綜合權益變動表 | 46 | | 綜合現金流量表 | 47 | | 綜合財務報表附註 | 49 | 公 司 資 料 董事會 執行董事 宋啟慶先生 （主席兼首席執行官） 張港璋先生 獨立非執行董事 孫堅先生 邵漢青女士 江興琪先生 審核委員會 江興琪先生 （主席） 孫堅先生 邵漢青女士 薪酬委員會 孫堅先生 （主席） 邵漢青女士 江興琪先生 提名委員會 邵漢青女士 ...