Financial Performance - Revenue for the six months ended June 30, 2021, was RMB 3,927.3 million, representing a year-on-year increase of 19.7% from RMB 3,281.2 million[17]. - Gross profit for the same period was RMB 344.6 million, a 35.3% increase compared to RMB 254.6 million in the previous year[17]. - Profit for the period reached RMB 172.4 million, up 45.4% from RMB 118.6 million year-on-year[17]. - Profit attributable to equity shareholders of the Company was RMB 110.5 million, reflecting a 10.4% increase from RMB 100.1 million in the prior year[17]. - Basic earnings per share (EPS) for the period was RMB 0.079, a 9.7% increase compared to RMB 0.072 in the same period last year[17]. - Diluted EPS was also RMB 0.079, representing an 11.3% increase from RMB 0.071 year-on-year[17]. - The Group's profit for the Reporting Period increased significantly to approximately RMB172.4 million, up approximately RMB53.8 million or 45.4% compared to approximately RMB118.6 million for the corresponding period of 2020[43]. - Revenue for the Reporting Period amounted to approximately RMB3,927.3 million, representing an increase of approximately RMB646.1 million or approximately 19.7% compared to approximately RMB3,281.2 million for the corresponding period of 2020[43]. - Gross profit for the Reporting Period was approximately RMB344.6 million, representing an increase of approximately 35.3% from approximately RMB254.6 million for the six months ended June 30, 2020[43]. Market and Strategic Initiatives - The company is focusing on expanding its market presence and enhancing its product offerings to drive future growth[17]. - New product development initiatives are underway to leverage emerging technologies and meet customer demands[17]. - The company plans to explore strategic acquisitions to enhance its competitive position in the market[17]. - Future guidance indicates a continued positive outlook for revenue growth driven by increased market demand and operational efficiencies[17]. - The Group operates under a dual-platform model, Comtech and Ingdan, focusing on the AIoT ecosystem and chip industry, with Comtech holding approximately 62.42% equity after recent investments[19]. - The Group expects to benefit from China's 5G infrastructure development, predicting that 5G will drive approximately RMB 1.2 trillion in telecom network investments by 2025, contributing to an economic output of about RMB 10.1 trillion[23]. - The Group aims to enhance its strategic business development to cover the entire 5G construction industry chain, providing iPaaS services and solutions for network construction, IoT, and AI applications[23]. - The Group plans to leverage its Comtech technology to penetrate the entire 5G industry chain, capturing strong market demand from new infrastructure and device production[28]. - The Group aims to create a "chip-device-cloud" closed-loop ecosystem to meet the needs of the 5G industry chain, enhancing service reliability and performance through big data analysis and integration solutions[30]. Talent and Workforce - The Group's IngDan Academy is actively training chip application technology professionals to address the urgent demand for skilled talent in the chip industry[21]. - The total staff cost incurred by the Group for the six months ended June 30, 2021, was approximately RMB 59.7 million, an increase from RMB 48.5 million in 2020[103]. - The Group had 515 full-time employees as of June 30, 2021, compared to 479 in 2020, indicating a growth in workforce[101]. Research and Development - Research and development expenses were approximately RMB61.0 million, a decrease of approximately RMB19.0 million or approximately 23.8% from approximately RMB80.0 million for the corresponding period of 2020[45]. - The Group's proprietary products from Ingdan's R&D projects are expected to contribute positively to overall performance as they mature[30]. Acquisitions and Investments - The Group acquired a 51% equity interest in EZ Robot, Inc. for HK$180 million to expand its AI and robotics business, enhancing market competitiveness[25]. - On February 10, 2021, the Group agreed to purchase a 51% equity interest in EZ Robot Group for a total consideration of HK$180,000,000[64]. - On June 29, 2021, the Group entered into a subscription agreement for an investment of up to RMB149,999,977 to acquire up to 4.92% equity interest in Shenzhen Comtech[64]. Financial Position and Assets - As of June 30, 2021, the current assets of the Group amounted to approximately RMB3,815.8 million, with a current ratio of 2.82, representing a decrease of approximately 21.4% compared to 3.59 as at December 31, 2020[54]. - The capital expenditure of the Group for the Reporting Period amounted to approximately RMB137.7 million, representing a decrease of approximately RMB21.2 million or approximately 13.3% compared to approximately RMB158.9 million for the corresponding period in 2020[56]. - The company's cash and cash equivalents increased to RMB 513,995,000 from RMB 403,700,000, a growth of approximately 27.3%[148]. - The total liabilities increased to RMB 1,352,403,000 from RMB 836,093,000, reflecting a rise of about 61.5%[148]. - The company's inventories surged to RMB 1,340,560,000 from RMB 513,294,000, indicating a significant increase of about 161.5%[148]. Governance and Compliance - The Company has adopted the Model Code for Securities Transactions by Directors and confirmed compliance by all Directors during the Reporting Period[120]. - The Company has established an Audit Committee to oversee financial reporting, risk management, and internal control systems[122]. - The Company has complied with all code provisions set out in the Corporate Governance Code during the Reporting Period[114]. - There were no known conflicts of interest between Directors or substantial shareholders and the Company's business during the Reporting Period[119]. Future Outlook - The overall revenue growth is attributed to increased sales in the semiconductor and AIoT sectors, highlighting the company's strategic focus on these high-demand areas[190]. - Future outlook includes continued investment in new product development and market expansion strategies to sustain growth momentum[190].

Cogobuty com Cogobuy Group 科通芯城集團 (於開曼群島註冊成立的有限公司) 股份代號：00400 O E 0 0 8 0 o 舞 2020 球 T 48 lu 90 PT H 公司资料 財務表現 摘要 B 主席報告書 管理層討論與分析 及高級管理層 P 董事會報告 企業管治報告 環境、社會及管治報告 獨立核數師報告 綜 合 財 務 報 表 及 綜 合 財 務 報 表 附 註 五年財務概要 7 F 釋義 Grand Cayman KY1-1111 Cayman Islands 公司資料 | --- | --- | |---------------------------------------------------|----------------------------------------| | | | | 董事會 | 主要營業地點 | | 執行董事 | 中國深圳市 | | 廣敬偉(首席執行官兼董事會主席) | 南山區 | | 胡麟祥(首席財務官) | 高新南九道55號 | | 非執行董事 | 微軟科通大廈11樓 | | 倪虹* | 香港主要營業地點 | | 獨立非執行董事 | ...

Financial Performance - Revenue for the six months ended June 30, 2020, was RMB 3,281.2 million, representing a 22.8% increase from RMB 2,671.2 million in the same period of 2019[13] - Gross profit for the same period was RMB 254.6 million, up 27.0% from RMB 200.4 million year-on-year[13] - Net profit for the period surged to RMB 118.6 million, a 193.6% increase compared to RMB 40.4 million in the previous year[13] - Profit attributable to owners of the company reached RMB 100.1 million, reflecting a 163.4% increase from RMB 38.0 million in the prior year[13] - Basic earnings per share increased to RMB 0.072, a rise of 176.9% from RMB 0.026 in the same period last year[13] - Diluted earnings per share also rose to RMB 0.071, marking a 173.1% increase from RMB 0.026 year-on-year[13] - Total revenue for the group was approximately RMB 3,281.2 million, an increase of about 22.8% year-on-year[17] - Net profit after tax increased by 193.6% compared to the same period in 2019[17] - Gross profit was approximately RMB 254.6 million, representing a year-on-year increase of about 27.0%[17] - Other income surged to approximately RMB 66.4 million, a significant increase of about 367.6% compared to RMB 14.2 million in the same period of 2019, primarily due to foreign exchange gains[37] - The company's net profit attributable to equity shareholders was approximately RMB 100.1 million, an increase of about 163.4% compared to RMB 38.0 million in the same period of 2019[43] - The operating profit for the first half of 2020 was approximately RMB 125.9 million, significantly higher than RMB 43.1 million in the same period of 2019[31] - Total comprehensive income for the period was RMB 140,741 thousand, compared to RMB 37,290 thousand in the same period of 2019[107] Strategic Focus and Future Outlook - The company is focusing on expanding its market presence and enhancing product offerings to drive future growth[15] - Management highlighted ongoing investments in new technologies and product development as key strategies for future success[15] - The company plans to explore potential mergers and acquisitions to strengthen its market position[15] - Future guidance indicates a continued positive outlook for revenue growth and profitability improvements[15] - The company plans to enhance customer loyalty and increase the purchasing volume per customer through advanced market analysis tools and tailored online and offline platforms[27] - The company aims to expand its business through strategic partnerships and acquisitions to enhance its user base and revenue foundation[28] - The company continues to focus on expanding its market presence in the integrated circuit and AIoT sectors, leveraging its e-commerce platform for additional revenue streams[130] Investments and Acquisitions - The company holds a 75% stake in Hard Egg Innovation and a 100% stake in Gravity Enterprise Services[16] - The company plans to leverage the "chip-end-cloud" ecosystem to meet the strong demand from the 5G construction and terminal equipment production[22] - The new infrastructure policy is expected to accelerate investments totaling RMB 25 trillion across various sectors, including 5G and AIoT[22] - Gravity Enterprise Services aims to enhance its revenue sources by becoming a key platform for R&D innovation and AIoT product financing[25] - The company acquired several unique software licenses from an independent third party, enhancing its research and development capabilities[90] - The total consideration for the software licenses acquired from Risingnovas was USD 32 million, which includes a data management system for vehicles and advanced driver assistance systems[91] - The company also acquired software licenses from BCT Holdings Limited for RMB 150 million, aimed at improving electric vehicle management systems[93] - The cash consideration for acquiring the remaining 40% equity of KET Digital (Hong Kong) Limited was RMB 240,000,000, with a difference of approximately RMB 212,482,000 deducted from other reserves[120] - The cash consideration for acquiring an additional 30% equity in Hardeggs was RMB 35,000,000, making Hardeggs a wholly-owned subsidiary[120] Financial Position and Assets - As of June 30, 2020, the group's current assets were approximately RMB 3,376.7 million, with cash and bank balances at RMB 343.3 million, inventory at RMB 791.7 million, receivables at RMB 174.5 million, and trade and other receivables at RMB 1,791.2 million[44] - The current liabilities were approximately RMB 1,333.1 million, with bank loans at RMB 145.7 million and trade and other payables at RMB 1,150.1 million, resulting in a current ratio of 2.53, down 14.5% from 2.96 as of December 31, 2019[44] - Non-current assets increased to RMB 2,480,466 thousand as of June 30, 2020, up from RMB 2,270,837 thousand as of December 31, 2019, representing a growth of 9.2%[110] - Total current assets reached RMB 3,376,665 thousand, up from RMB 3,160,935 thousand, marking a rise of 6.8%[110] - Total equity increased to RMB 4,437,285 thousand as of June 30, 2020, up from RMB 4,300,009 thousand, showing a growth of 3.2%[112] - The company reported a cash injection from shareholders amounting to $3 million, equivalent to approximately RMB 18,923,000[120] - The fair value of new shares issued for the acquisition of Cogobuy Holding Limited was estimated at RMB 186,196,000[120] Employee and Governance - The total number of full-time employees as of June 30, 2020, is 479, a slight decrease from 482 employees on June 30, 2019[70] - Total salary costs for the six months ended June 30, 2020, amounted to approximately RMB 485 million, compared to RMB 492.9 million for the same period in 2019[71] - The company has a Restricted Share Unit Plan in place, adopted on March 1, 2014, to align the interests of directors and employees with shareholders[72] - The company plans to continue exploring incentive and retention programs for its directors and senior management[72] - The company’s compensation committee determines the remuneration of senior management based on performance and contributions[70] - The company has established a strict corporate governance framework, although the roles of Chairman and CEO are currently held by the same individual[81] Compliance and Risks - The company plans to correct all compliance issues in a timely manner and will update progress in future reports[96] - The maximum potential fines for non-registration of lease agreements are not considered significant and will not materially impact the company's operations or financial condition[95] - The group did not use any derivative financial instruments to hedge foreign currency transactions during the reporting period, but management closely monitored foreign exchange risks[55] - There were no major events occurring after the reporting period that could significantly impact the group[56] - The group did not recognize any impairment losses on intangible assets as of June 30, 2020, consistent with the previous year[193]

Cogobប Cogobuy Group 科通芯城集團 (於開曼群島註冊成立的有限公司) 股份代號 : 00400 ( syle t (这 →D 4888 0 ** 2019 (南 # p 0 o සි RAP V 19 ▷ Chi L h 区 05 財務摘要 主席報告書 04 目 錄 02 公司資料 20 董事會報告 董事及高级管理層 16 企業管治報告 61 環境·社會及管治報告 (B 80 獨立核數師報告 綜合財務報表及綜合財務報表附註 553 五年財務概要 釋義 223 B Elec 18 [ 4 4 (GS 管 理 層 討 論 與 分 析 07 公司資料 | --- | --- | |---------------------------------------------------|----------------------------------------| | 董事會 | 主要營業地點 | | 執行董事 | 中國深圳市 | | 庚 敬 ( 首 席 執 行 官 兼 董 李 會 主 席 ) | 南山區 | | 胡麟祥(首席財務官) | 高新南九道55號 | | 倪虹(首席投資官) | 微軟科 ...

Financial Performance - Revenue for the six months ended June 30, 2019, was RMB 2,671.2 million, a decrease of 9.8% compared to RMB 2,961.2 million in the same period of 2018[12] - Gross profit for the same period was RMB 200.4 million, reflecting a decline of 9.8% from RMB 222.1 million year-on-year[12] - Net profit for the period was RMB 40.4 million, a significant drop of 83.3% compared to RMB 242.5 million in the previous year[12] - Profit attributable to equity shareholders was RMB 38.0 million, down 84.1% from RMB 239.0 million in the same period of 2018[12] - Basic and diluted earnings per share were both RMB 0.026, a decrease of 84.1% from RMB 0.164 in the previous year[12] - The company's operating profit for the six months ended June 30, 2019, was approximately RMB 43.1 million, down from RMB 95.5 million in 2018[36] - The net profit attributable to equity shareholders for the six months ended June 30, 2019, was approximately RMB 38.0 million, a decrease of about RMB 201.0 million or 84.1% compared to RMB 239.0 million in 2018[47] - The company reported a pre-tax profit of RMB 41,165,000 for the six months ended June 30, 2019, compared to RMB 255,623,000 for the same period in 2018, reflecting a significant decline of approximately 83.9%[188] Revenue Sources - The sale of EZ ROBOT, INC. impacted revenue, with a one-time gain of RMB 181.8 million recorded in the prior year, which is no longer included in the financial statements[16] - Excluding the financial impact of the sale of EZ ROBOT, net profit for the first half of 2019 would have increased by approximately 2% year-on-year, while revenue would have increased by about 6%[16] - Revenue from customer contracts, including sales of ICs and other electronic components, was RMB 2,619,959 thousand, down 10.1% from RMB 2,913,382 thousand in the prior year[181] - Revenue from other sources, specifically from financial services, was RMB 2,648,807 thousand, a decrease of 9.3% compared to RMB 2,921,071 thousand in the previous year[181] - The revenue breakdown for the six months ended June 30, 2019, included RMB 1,892,957 thousand from sales of ICs and other electronic components and RMB 727,002 thousand from third-party platform operations[182] - The revenue from the Chinese market (including Hong Kong) was RMB 2,576,903 thousand, representing a decline from RMB 2,864,719 thousand in the same period of 2018[184] Expenses and Costs - Research and development expenses increased by approximately RMB 14.7 million or 28.0% to RMB 67.2 million for the six months ended June 30, 2019, primarily due to increased R&D costs for AI product technology[44] - Selling and distribution expenses decreased by approximately RMB 40.5 million or 55.3% to RMB 32.8 million, mainly due to a decline in self-operated revenue and adjustments in marketing strategies[43] - Other income decreased by approximately RMB 32.4 million or 69.5% to RMB 14.2 million, primarily due to a significant drop in foreign exchange gains[40] - The financial cost for the period was RMB 24,931 thousand, compared to RMB 22,065 thousand in the previous year[130] - The total employee compensation cost for the six months ended June 30, 2019, was approximately RMB 492.9 million, compared to RMB 544.7 million for the same period in 2018[90] Strategic Initiatives - The company continues to focus on a three-step monetization strategy, targeting sales of chips and AI modules, custom chip design, and investments in AIoT incubation projects[17] - The company aims to capitalize on the 5G technology deployment opportunities, targeting emerging industries such as 5G communication devices, smart cars, and smart homes[24] - Plans to enhance the monetization rate of the Hard Egg platform, aiming to contribute significantly to the company's performance through value-added services[25] - The company intends to develop an open and prosperous ecosystem for the electronic manufacturing industry, expanding value-added services such as supply chain financing and cloud computing[26] - Strategies to increase customer loyalty and procurement volume include advanced market analysis tools and tailored online and offline platforms[28] - The company plans to pursue strategic partnerships and acquisition opportunities to expand its user base and revenue foundation[29] Corporate Governance - The company has maintained strict corporate governance principles, ensuring effective internal controls and accountability to shareholders[99] - The roles of the chairman and CEO are currently held by the same individual, which the board believes enhances strategic planning efficiency[99] - The company has established a nomination committee and a remuneration committee in addition to the audit committee[105] - The company’s audit committee reviewed the unaudited interim results for the six months ended June 30, 2019[104] Shareholder Information - The major shareholder, Envision Global, holds 700,200,000 shares, representing approximately 48.30% of the equity[84] - Mr. Kang holds a beneficial interest in 1,800,000 shares, which is approximately 0.12% of the equity[84] - Total Dynamic, another major shareholder, holds 182,888,000 shares, representing approximately 12.62% of the equity[84] - The company did not declare an interim dividend for the six months ended June 30, 2019, consistent with the previous year[109] Cash Flow and Investments - The company’s cash flow from operating activities for the six months ended June 30, 2019, showed a positive trend, although specific figures were not disclosed in the provided content[153] - Operating cash flow for the six months ended June 30, 2019, was RMB 79,412 thousand, a significant improvement from a negative RMB 150,489 thousand in the same period of 2018[154] - Net cash used in investing activities was RMB 62,776 thousand, compared to RMB 18,315 thousand in the previous year, indicating increased investment outflows[154] - Financing activities resulted in a net cash outflow of RMB 282,360 thousand, a substantial increase from RMB 8,098 thousand in the prior year, reflecting higher loan repayments and share buybacks[154] - The company made significant investments in financial assets, totaling RMB 343,902 thousand for assets measured at fair value through other comprehensive income and RMB 150,000 thousand for assets measured at fair value through profit or loss[154] Compliance and Legal Matters - As of June 30, 2019, the company was not involved in any significant litigation or arbitration matters[112] - The company has entered into several lease agreements outside Shenzhen that have not been registered with relevant government authorities, but does not expect significant penalties[118] - The maximum penalty for unregistered leases is not expected to be material, and the board believes this non-compliance will not significantly impact operations or finances[118] - The company commits to timely rectify all non-compliance issues and will update progress in subsequent interim and annual reports[119]

Cogobប Cogobuy Group 科通芯城集團 (於開曼群島註冊成立的有限公司) 股份代號 : 00400 O O 6 0 o (e ● -11 Ex =1 00 ED 0 O | --- | --- | |-----------------------------------|-------| | | | | | | | 公司资料 | 02 | | 財務摘要 | 04 | | 主席報告書 | 05 | | 管理層討論與分析 董事及高級管理層 | 08 16 | | 董事會報告 | 20 | | 企業管治報告 | 46 | | 環境、社會及管治報告 | 61 | | 獨立核數師報告 | 77 | | | 84 | | 五年財務概要 | 206 | | | | 綜合財務報表及綜合財務報表附註 釋義 208 董事會 | --- | --- | |---------------------------------------------------|----------------------------------------| | | 主要營業地點 | | 執行董事 | 中國深圳市 | | 廣敬偉(首席 ...