‧ 檢討遵守企業管治守則情況。 概無任何可對本公司持續經營能力構成重大疑慮的事件或情況方面的任何重大不明朗因素。 核數師酬金 投資者關係 25 股息政策 ‧ 本集團之整體財務狀況； ‧ 本集團之債務與權益比率及債務水準； ‧ 股東及投資者預期及行業慣例； 任何宣派及派付股息將由董事會酌情決議，並須遵守所有適用法例及規例及本公司之組織章程細則。本公司將 不時檢討股息政策，並可全權酌情於任何時間視乎董事會認為合適及必要對股息政策進行更新、修訂及╱或修 改。概無保證股息將於任何指定報告期以任何具體金額派付。 本公司之股東周年大會為董事會與本公司之股東提供溝通良機。董事會及各委員會之主席一般均出席以解答股 東提出之問題，而外聘核數師每年均會出席股東周年大會。股東周年通告及有關檔案於大會舉行日期前最少 二十工作日寄予股東。 26 企業管治報告 風險管理架構 本公司的重要政策與程序包括舉報政策，內部數據信息處理政策，關聯交易以及各部門及功能的運營政策和程 序，該等政策和程序按公司管治框架內的要求，提供日常運營指導。 27 本公司透過風險登記冊、風險評估問卷及工作坊，促使各單位就財務、營運、合規、環境等範疇上進行風險事 項 ...

Financial Performance - The company's net profit for the year ended December 31, 2022, was RMB 124,809,000, compared to RMB 52,514,000 in the previous year, representing a significant increase[4]. - The net cash generated from operating activities was RMB 192,487,000, up from RMB 88,102,000 in the previous year, indicating a growth of 118%[9]. - Total revenue for the year ended December 31, 2022, was RMB 6,966,590,000, a significant increase from RMB 3,250,401,000 in 2021[47]. - The company reported a net profit attributable to shareholders of RMB 118,690,000 for 2022, up 120.7% from RMB 53,761,000 in 2021[55][69]. - The overall gross profit for the year was RMB 1,441,224,000, a 39.8% increase from RMB 1,030,789,000 in 2021, with a gross margin of 20.7%, down from 31.7%[89]. - Basic earnings per share for the year ended December 31, 2022, were RMB 10.39, compared to RMB 4.72 in 2021, while diluted earnings per share were RMB 10.39, compared to RMB 4.70 in 2021[70]. Revenue Breakdown - Total revenue from the IoT segment was RMB 1,258,088,000, while the management software segment generated RMB 2,261,227,000, contributing to a total revenue of RMB 6,966,590,000 for the group[17]. - Cloud service revenue reached RMB 1,258,088,000, a 67.2% increase from RMB 752,563,000 in the previous year, accounting for 35.7% of the group's software and cloud service revenue[88]. - Revenue from IoT solutions surged to RMB 3,447,275,000, marking a 441.0% increase from RMB 637,182,000 in 2021[88]. - The group's revenue for the year was RMB 6,966,590,000, representing a 114.3% increase from RMB 3,250,401,000 in 2021[88]. - The total revenue from external customers in mainland China reached RMB 6,897,018,000, a substantial increase from RMB 3,104,885,000 in 2021[47]. Operating Segments - The company incurred a loss of RMB 133,257,000 in the cloud services segment, while the management software segment achieved a profit of RMB 223,699,000[17]. - The management software segment achieved an operating profit of RMB 223,699,000, representing a 111.1% increase compared to RMB 105,953,000 in the previous year[68]. - The IoT and solutions segment's operating profit grew by 195.3% to RMB 49,154,000 from RMB 16,648,000 in 2021[68]. - The cloud services segment reported an operating loss of RMB 133,257,000, an increase of 22.5% from a loss of RMB 108,795,000 in 2021[68]. Cash Flow and Assets - The group’s cash and cash equivalents at year-end were RMB 1,193,170,000, compared to RMB 1,033,139,000 at the beginning of the year, showing an increase of 15.5%[9]. - The group's total assets as of December 31, 2022, included current assets of RMB 3,241,493,000, with cash and bank deposits amounting to RMB 1,193,170,000[70]. - The company generated net cash inflow from operating activities of approximately RMB 192,487,000, up from RMB 88,102,000 in the previous year[168]. - The company incurred a net cash outflow from financing activities of RMB 32,947,000, compared to RMB 12,373,000 in the previous year, indicating increased financing costs[9]. Employee and Operational Costs - The total employee costs, including salaries and other benefits, amounted to RMB 1,969,384,000, up from RMB 1,655,585,000 in 2021, reflecting an increase of approximately 18.9%[25]. - The total employee compensation for the reporting period was approximately RMB 1,976,891,000, with a workforce of 7,713 employees[102]. - The total auditor's remuneration increased to RMB 3,936,000 from RMB 2,839,000 in the previous year, representing an increase of approximately 38.7%[25]. - The company reported a significant increase in retirement benefit plan contributions to RMB 226,896,000 from RMB 169,772,000 in 2021, reflecting an increase of approximately 33.7%[25]. Government Support and Subsidies - Government subsidies received amounted to RMB 58,594,000, significantly higher than RMB 15,796,000 in the previous year, marking an increase of 270%[22]. - The company received government subsidies totaling RMB 6,679,000 in 2022, down from RMB 11,749,000 in 2021, aimed at supporting high-tech industry development[51]. - Deferred income from government grants decreased to RMB 41,779 thousand from RMB 86,755 thousand, a decline of 51.9%[172]. Research and Development - R&D expenses increased by 92.7% to RMB 735,792,000 from RMB 381,828,000 in the previous year, driven by the company's push towards cloud transformation[90]. - The group is committed to increasing R&D investment to drive technological innovation and improve planning and consulting capabilities[132]. Strategic Initiatives and Market Position - The company is focused on digital transformation across various industries, including manufacturing and logistics, enhancing its market presence and technological capabilities[76]. - The company launched the enterprise-level PaaS platform iGIX5.0 and the next-generation intelligent cloud ERP GS Cloud5.0, targeting large enterprises[107]. - The company signed contracts with multiple large state-owned enterprises, including China National Building Material and China Energy Construction, enhancing its presence in the high-end market[107]. - The company is focusing on becoming a major service provider for operators' new infrastructure and digital transformation, with a comprehensive product line covering 31 provincial operator customers[124]. - The company plans to enhance its PaaS platform and cloud ERP product systems, focusing on digital transformation needs of small and medium enterprises[133]. Financial Position and Liabilities - As of December 31, 2022, total liabilities amounted to RMB 2,628,409 thousand, an increase of 42.5% from RMB 1,842,904 thousand in 2021[172]. - Current liabilities include trade payables of RMB 598,008 thousand, significantly up from RMB 179,635 thousand in the previous year, reflecting a growth of 232.5%[172]. - Non-current liabilities totaled RMB 1,877,967 thousand, up from RMB 1,756,698 thousand in 2021, indicating a growth of 6.9%[172]. - The equity attributable to owners of the company reached RMB 1,837,635 thousand, compared to RMB 1,719,157 thousand in the previous year, marking an increase of 6.9%[172]. Future Outlook - Future outlook includes potential market expansion and new product development strategies to enhance revenue streams[177].

Financial Performance - For the six months ended June 30, 2022, the group recorded revenue of HKD 2,516,980,000, representing a 65.79% increase compared to HKD 1,518,139,000 in the same period last year[4] - Revenue from cloud services was HKD 581,200,000, an increase of 81.84% year-on-year, accounting for 23.09% of total revenue[4] - The gross profit for the period was HKD 724,252,000, up 40.52% from HKD 515,424,000 in the previous year, with a gross margin of 28.77%[5] - The company reported a pre-tax profit of HKD 41,497,000, compared to HKD 22,191,000 in the same period last year[9] - Profit attributable to owners of the company was HKD 33,834,000, significantly up from HKD 18,967,000 year-on-year[10] - The net profit for the period was HKD 26,842 thousand, representing a 36.5% increase from HKD 19,667 thousand in the previous year[46] - Basic earnings per share increased to HKD 2.96, compared to HKD 1.67 for the same period last year, reflecting a growth of 77.8%[45] - The company reported a total comprehensive loss of HKD 89,770 thousand for the period, compared to a comprehensive income of HKD 75,065 thousand in the previous year[46] Expenses and Costs - Administrative expenses increased by 18.64% to HKD 198,678,000, primarily due to higher personnel costs[6] - Research and development expenses rose by 46.24% to HKD 278,821,000, driven by increased investment in cloud services[6] - The cost of goods sold for the period was HKD 650,918, significantly higher than HKD 155,031 in the previous year, indicating a substantial increase in operational costs[61] Assets and Liabilities - As of June 30, 2022, current assets amounted to HKD 3,178,597,000, with cash and bank deposits of HKD 1,102,049,000[11] - The group had no bank borrowings and maintained a current ratio of 1.25 times[11] - Total assets as of June 30, 2022, amounted to HKD 3,178,597 thousand, an increase from HKD 2,835,286 thousand at the end of 2021[47] - Trade receivables increased to HKD 919,163 thousand from HKD 697,702 thousand, indicating a growth of 31.6%[47] - The company’s cash and cash equivalents decreased to HKD 1,102,049 thousand from HKD 1,266,356 thousand at the end of 2021[47] Market and Product Development - The launch of the new enterprise-level PaaS platform iGIX 5.0 and the next-generation cloud ERP GS Cloud 3.5 aimed at large enterprises, enhancing digital transformation capabilities[18] - The new generation open-source cloud ERP product inSuite 2.0 was released, focusing on diversified digital scenarios to support small and medium-sized enterprises' digital transformation[22] - The company has successfully signed contracts with major state-owned enterprises and local large enterprises, enhancing its market presence in the high-end sector[18] - The iGIX platform has been recognized as a leader in the Chinese PaaS market, with a top ranking in aPaaS development capabilities according to CCID[19] - The launch of the small and micro enterprise cloud product Easy Cloud 5.0, which includes cloud accounting and industry-specific applications, has been implemented in over 30 provinces and 180 cities[23] - The company is focusing on enhancing its cloud transformation and aims to develop world-class cloud ERP products while deepening digital management and expanding its market presence[27] Recognition and Awards - The company has received multiple honors, including recognition as a leading enterprise in digital transformation and smart manufacturing[16] - The company has received multiple awards for its innovative solutions, including recognition at the 2022 China International Big Data Industry Expo[25] Shareholder and Governance Information - As of June 30, 2022, major shareholders include Inspur Group Limited with a 54.44% stake, Inspur Overseas Investment Limited with 37.50%, and Inspur Cloud Investment Limited with 16.94%[31] - The company has complied with the corporate governance code, with some deviations due to pandemic-related attendance issues at the annual general meeting[43] - The audit committee, consisting of three independent non-executive directors, has reviewed the report and provided recommendations[42] Related Party Transactions - Related party transactions for supply amounted to 104,786 thousand HKD, an increase of 49.5% from 70,225 thousand HKD in the previous year[75] - The cumulative transaction amount for sales agency transactions was 377,589 thousand HKD, down 17.2% from 456,351 thousand HKD in the previous year[75] - The procurement transactions with related parties increased significantly to 71,583 thousand HKD from 4,832 thousand HKD, indicating a substantial growth in procurement activities[75] Future Outlook - The company plans to continue expanding its cloud services and IoT solutions to enhance revenue growth in the future[56] - The company is committed to increasing R&D investment to support the development of new technologies and applications in the SaaS sector[27]

Financial Performance - The group's total revenue for the year was HKD 3,915,821,000, representing a growth of 53.2% compared to HKD 2,556,750,000 in the previous year[4]. - The net profit attributable to shareholders was approximately HKD 64,769,000, a significant increase from a loss of HKD 157,044,000 in the previous year[4]. - Gross profit for the reporting period was HKD 1,241,812,000, reflecting a growth of 65.6% year-on-year, with a gross margin of 31.7%[10]. - The company recorded a profit before tax of approximately HKD 60,170,000, a significant increase from a loss of HKD 149,008,000 in 2020, driven by a reduction in operating losses in the cloud services segment by 22.2%[14]. - Profit attributable to owners of the company was approximately HKD 64,769,000, reversing from a loss of HKD 157,044,000 in the previous year, with basic earnings per share of HKD 0.0568[15]. - The total comprehensive income for the year was HKD 136,841, a significant recovery from a loss of HKD 66,334 in 2020[135]. - The company reported a basic earnings per share of HKD 5.68, recovering from a loss per share of HKD 13.79 in the previous year[134]. Revenue Streams - Revenue from cloud services reached HKD 906,626,000, marking a growth of 79.1% year-on-year, and accounted for 23.2% of total revenue[9]. - The management software revenue was HKD 2,241,569,000, an increase of 38.5% compared to the previous year[9]. - The IoT solutions business generated revenue of HKD 767,626,000, reflecting a significant increase of 77.5% year-on-year[28]. - Cloud services revenue grew by 79.1% to HKD 906,626,000, reflecting strong demand and expansion in the cloud service sector[22]. Research and Development - Research and development expenses increased by 44.2% to HKD 459,995,000, driven by the company's continued push towards cloud transformation[11]. - The company plans to increase R&D investment to enhance its cloud ERP products and digital transformation services in 2022[30]. - The company launched a new generation enterprise-level PaaS platform, iGIX3.5, enhancing product ecosystem capabilities to support digital transformation[21]. Corporate Governance - The company emphasizes good corporate governance practices to enhance shareholder value and investor confidence[37]. - The independent non-executive directors account for more than one-third of the board, confirming their independence as per listing rules[39]. - The company has adopted and strives to comply with the corporate governance code as outlined in Appendix 14 of the listing rules[37]. - The board consists of seven members, including three executive directors, one non-executive director, and three independent non-executive directors, ensuring strong independence[39]. Risk Management - The company has established a robust risk management and internal control system to safeguard shareholder interests, with external consultants assisting in optimizing this system[69]. - The risk management framework is based on a "three lines of defense" model, ensuring effective operational monitoring and independent oversight[70]. - The company conducts regular risk assessments across financial, operational, compliance, and environmental categories to identify and evaluate risks[73]. - The company has identified ten categories of risks, which are detailed in the report[73]. Cloud Transformation Strategy - The company is focusing on digital transformation and cloud services, enhancing its product offerings and operational services[5]. - The company aims to build a new ecosystem and significantly increase the proportion of cloud business revenue[6]. - The company plans to accelerate its cloud transformation strategy and deepen its management digitalization efforts[6]. Financial Position - As of December 31, 2021, total equity attributable to owners was HKD 2,107,236,000, up from HKD 1,964,094,000 in 2020, with current assets of HKD 2,835,286,000 and current liabilities of HKD 2,258,914,000, resulting in a current ratio of 1.26[16]. - The company's total assets as of December 31, 2021, were HKD 4,774,875, compared to HKD 4,158,269 in 2020, showing growth in asset base[137]. - The company's cash and cash equivalents increased to HKD 1,266,356 from HKD 1,033,672, indicating improved liquidity[137]. Shareholder Information - Major shareholders include Inspur Group Limited with 54.44% ownership (621,679,686 shares), Inspur Overseas Investment Limited with 37.50% (428,278,400 shares), and Inspur Cloud Investment Limited with 16.94% (193,401,286 shares)[111]. - The company did not recommend a final dividend for the year ending December 31, 2021[86]. Awards and Recognition - The company received multiple awards, including "2021 Leading Brand in Financial and Tax Services Market," reflecting its strong market presence and product innovation[26]. - The company received multiple awards, including "User Satisfaction First" in the CCW Research 2021 China IT User Satisfaction Survey[28]. Employee and Operational Insights - The total employee compensation for the reporting period was approximately HKD 1,999,850,000, reflecting the company's investment in human resources[19]. - Employee health and safety risks have increased due to the pandemic, prompting the company to implement comprehensive health measures and competitive compensation strategies[78]. Environmental Commitment - The company emphasized its commitment to carbon management by launching a comprehensive carbon management platform to support green transformation[23]. - The group is focused on enhancing employee environmental awareness and reducing operational costs through various green initiatives[81].

INSPUL 浪潮 浪潮國際有限公司 INSPUR INTERNATIONAL LIMITED (於開曼群島註冊成立的有限公司 Incorporated in the Cayman Islands with limited liability) (股份代號 Stock Code：596) 2021 INTERIM REPORT 期 報 告 t ol P or d 公司資料 2 管理層討論及分析 3 其他資料 9 綜合損益表（未經審計） 14 綜合損益及其他全面收益表（未經審計） 15 綜合財務狀況表（未經審計） 16 綜合權益變動報表（未經審計） 18 綜合現金流量報表（未經審計） 19 綜合財務報表附註 20 2 公司資料 中國農業銀行 | --- | --- | |--------------------------|----------------------------| | 執行董事 | 香港股份過戶登記分處 | | 王興山先生 | 香港中央證券登記有限公司 | | 王玉森先生 | 香港 | | 靳小州先生 | 皇后大道東 183 號 合和中心 | | 非執行董事 | 17 樓 1712-1716 ...

INSPUL 浪潮 浪潮國際有限公司 INSPUR INTERNATIONAL LIMITED (於開曼群島註冊成立的有限公司 Incorporated in the Cayman Islands with limited liability) (股份代號 Stock Code：596) 2020 ANNUAL REPORT 年 年 ol P or d 公司資料 2 主席報告 3 管理層討論及分析 5 董事及高級管理層簡歷 14 企業管治報告 16 董事會報告 35 獨立核數師報告 45 綜合損益表 51 0 - 綜合損益及其他全面收益表 52 綜合財務狀況表 53 綜合權益變動報表 55 綜合現金流量報表 56 綜合財務報表附註 58 財務概要 152 n a vi 2 公司資料 | --- | --- | |---------------------------------------------------|----------------------------| | 執行董事 | 法律顧問 | | 王興山先生 | 香港： | | 李文光先生 * | 麥家榮律師行 | | 張玉新先生 | 香港中環 | ...

| --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------|-------|-------|-------|-------------| | | | | | | | | | | | | | INSPUL 浪潮 浪潮國際有限公司 INSPUR INTERNATIONAL LIMITED (於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 | | | | lill hill C | | Incorporated in the Cayman Islands with limited liability) (股份代號 Stock Code：596) 2020 INTERIM REPORT | | | | | | 中 期 報 告 | | | | | 公司資料 2 管理層討論及分析 3 其他資料 9 綜合損益表（未經審核） 12 綜合損益及其他全面收益表（未經審核） 13 綜合財務狀況表（未經審核 ...

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| --- | --- | --- | --- | --- | |-------|-------|-------|-------|----------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | INSPUL 浪潮 | | | | | | 浪潮國際有限公司 INSPUR INTERNATIONAL LIMITED (於開曼群島註冊成立的有限公司 Incorporated in the Cayman Islands with limited liability) | (股份代號 Stock Code：596) 公司資料 2 管理層討論及分析 3 其他資料 9 綜合損益表（未經審核） 12 綜合損益及其他全面收益表（未經審核） 13 綜合財務狀況表（未經審核） 14 綜 ...

| --- | --- | --- | --- | --- | |-------|-------|-------|-------|----------------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | INSPUL 浪潮 | | | | | | 浪潮國際有限公司 INSPUR INTERNATIONAL LIMITED (於開曼群島註冊成立的有限公司 Incorporated in the Cayman Islands with limited liability) | (股份代號 Stock Code：596) | --- | --- | |-------|--------------------------| | | | | | | | | | | | | | | | ...