– 20 – 董 事 每 半 年 檢 討 資 本 結 構。作 為 檢 討 一 部 份，董 事 考 慮 資 本 成 本 及 與 各 類 別 資 本 相 關 的 風 險。根 據 董 事 的 建 議，本 集 團 將 通 過 發 行 新 股、回 購 股 份 以 及 發 行 新 債 或 贖 回 現 有 債 項，以 平 衡 其 整 體 資 本 結 構。 – 21 – 於 二 零 二 四 年 六 月 三 十 日，本 集 團 之 信 貸 融 資 以 本 集 團 之 保 理 應 收 款 項 總 額 人民幣150,000,000元 作 擔 保（二 零 二 三 年 十 二 月 三 十 一 日：人 民 幣50,000,000元）， 而本集團有合約責任根據資產支持融資安排轉讓於二零二四年六月三十日有 關本集團通訊類保理應收款項的現金流人民幣66,476,000元（二 零 二 三 年 十 二 月 三 十 一 日：人 民 幣97,225,000元）。 – 22 – 董 事 會 認 為，本 集 團 於 整 個 期 間 內 已 遵 守 上 市 規 則 附 錄C1第二部所載的企業 管 治 守 則（「守 則」）所 有 守 則 條 文 規 定。所 ...

Financial Performance - Total revenue for the year was RMB 88,487,000, a decrease of 13.8% compared to the previous year[7] - The audited profit attributable to the owners of the company was RMB 15,192,000, down from RMB 30,543,000 in the previous year, with basic earnings per share of RMB 1.30 compared to RMB 2.61[7] - The average return rate for the year was 12.4%, down from 14.01% in the previous year[21] - A special dividend of RMB 8,896,000 was approved, with a proposed final dividend of RMB 4,558,000 pending shareholder approval[16] Factoring Business Overview - The total amount of factoring receivables increased by 19.4% compared to the previous year[9] - The revenue from traditional factoring business increased, while the revenue from communication factoring business decreased[15] - The total amount of traditional factoring receivables as of December 31, 2023, was approximately RMB 454.8 million, an increase from RMB 380.8 million in 2022, representing a growth of 19.4%[22] - The total outstanding factoring receivables for traditional factoring business in 2023 amounted to RMB 454.8 million, while communication factoring business totaled RMB 187.6 million, leading to a combined total of RMB 642.4 million[36] Credit Risk Management - The company maintained a strict credit policy to minimize credit risk associated with traditional factoring receivables[28] - The expected credit loss model recorded a net reversal of impairment losses this year, while the previous year confirmed a net loss[15] - The expected credit loss rate for traditional factoring receivables was approximately 0.25% as of December 31, 2023, compared to 0.26% in 2022[40] - The group utilizes AI systems for credit assessment, evaluating historical default percentages and checking for overdue payment records to minimize risks[33] Employee and Management Structure - The company employs approximately 25 staff in management, administration, and factoring operations across Hong Kong and mainland China[62] - The company’s factoring business team consists of 18 employees, led by an experienced management team with over 12 years of market promotion and risk control experience[23] - The total number of employees increased from 16 in 2022 to 18 in 2023, representing a 12.5% growth[167] - Senior management positions increased from 43.75% (7 out of 16) in 2022 to 44.45% (8 out of 18) in 2023[167] Corporate Governance - The board of directors plans to review the capital structure semi-annually, considering capital costs and associated risks[54] - The board is responsible for the strategic direction, long-term goals, and monitoring the performance of the management team[69] - The company has established internal guidelines requiring board approval for significant investments, mergers, major asset sales, and substantial capital expenditures[71] - The board has established a formal audit committee with a clear scope of authority to oversee financial reporting and maintain appropriate relationships with auditors[88] Environmental, Social, and Governance (ESG) Initiatives - The company has published its eighth Environmental, Social, and Governance (ESG) report, summarizing policies and performance related to ESG issues[113] - The ESG report covers the period from January 1, 2023, to December 31, 2023, analyzing the company's initiatives and results in this timeframe[114] - The company values feedback from stakeholders to improve its sustainability performance and practices[119] - The board of directors is responsible for the strategic direction of environmental, social, and governance (ESG) initiatives, evaluating progress annually[125] Sustainability and Emissions - The total greenhouse gas emissions for the reporting period were 4.549 tons of CO2 equivalent, an increase of 7.8% compared to the previous year[140] - The primary source of emissions was purchased electricity, accounting for over 94% of total greenhouse gas emissions during the reporting period[140] - The company aims to reduce printing costs by 30% to 40% annually through various initiatives[143] - The group has established a goal to reduce greenhouse gas emissions density by 10% by the fiscal year 2031, using the fiscal year 2021 as the baseline[162] Compliance and Ethical Standards - The group emphasizes compliance with relevant laws and regulations regarding product promotion and sales practices[190] - The company emphasizes strict adherence to anti-corruption measures, including mandatory training for employees on integrity and governance[199] - The group has implemented measures to protect customer data privacy and confidentiality, with no confirmed complaints regarding data breaches[194] - The company adheres strictly to relevant employment laws in mainland China, ensuring employee rights are protected[169]

Financial Performance - Total revenue for the year was RMB 88,487,000, a decrease of 13.8% compared to the previous year[7] - Profit attributable to owners of the company was RMB 15,192,000, down from RMB 30,543,000 in the previous year, with basic earnings per share of RMB 1.30 compared to RMB 2.61[7] - Operating income from factoring business was RMB 88,487,000, down from RMB 102,618,000 in the previous year[15] - Service revenue from communication factoring decreased to RMB 57.48 million in 2023 from RMB 75.74 million in 2022, a decline of 24%[29] - The average return rate for the year was 12.4%, down from 14.01% in the previous year[21] Factoring Business Overview - The total amount of factoring receivables increased by 19.4% compared to the previous year[9] - The total amount of receivables under traditional factoring as of December 31, 2023, was approximately RMB 454.8 million, an increase from RMB 380.8 million in 2022, representing a growth of 19.4%[22] - The total outstanding factoring receivables for traditional factoring business in 2023 amounted to RMB 454.8 million, while for communication factoring business it was RMB 187.6 million, totaling RMB 642.4 million[36] - The total amount of receivables under communication factoring was approximately RMB 187.6 million, down from RMB 403.7 million in 2022, a decrease of 53.6%[29] - The company plans to focus on factoring business in 2024, while remaining vigilant about the slow recovery of the global economy[12] Risk Management and Credit Policies - The company maintained a strict credit policy to minimize credit risk associated with traditional factoring receivables[28] - The group utilizes an AI system to assess the credit risk of end customers, which includes checking for overdue payments and unusual transaction patterns[33] - The group has implemented strict controls to minimize risks associated with end customers, including identity verification and credit assessments[34] - The expected credit loss rate for traditional factoring receivables as of December 31, 2023, is approximately 0.25%, compared to 0.26% in 2022[40] - The total expected credit loss for factoring receivables as of December 31, 2023, is RMB 7.4 million, down from RMB 15.9 million in 2022[39] Corporate Governance - The board of directors will consider capital costs and risks associated with various types of capital in their semi-annual review of the capital structure[54] - The board is responsible for the strategic direction, long-term goals, and monitoring the performance of the management team[69] - The company has established internal guidelines requiring board approval for significant investments, mergers, major asset sales, and substantial capital expenditures[71] - The board held a total of 8 meetings during the year, with attendance recorded for each member[74] - The company has implemented risk management policies to ensure the achievement of strategic objectives[72] Environmental, Social, and Governance (ESG) Initiatives - The company emphasizes sustainable development as a core mission, recognizing its significant impact on shaping the future[125] - A comprehensive materiality assessment was conducted to identify 34 key ESG issues impacting stakeholders and business operations, forming the basis for effective management strategies[131] - The company has established a dedicated ESG working group to evaluate and manage daily operations related to ESG matters, ensuring effective risk management[124] - Stakeholder engagement is prioritized, with various communication channels implemented to understand their expectations and perspectives on the company's ESG performance[128] - The board will review the progress of ESG-related goals to guide the company in monitoring its ESG performance[125] Employee and Labor Practices - The company adheres strictly to Chinese labor laws, ensuring employee rights are protected, including compliance with the Labor Law and Labor Contract Law[169] - Competitive compensation packages are provided, including comprehensive social insurance as mandated by the Chinese Social Insurance Law[171] - Health and safety measures are prioritized, with compliance to occupational health laws and regular safety training provided to employees[177] - No work-related deaths or injuries reported in the fiscal year 2023, maintaining a death rate of 0.00%[180] - 100% of employees participated in training programs, with an average training time of 36.00 hours per employee in fiscal year 2023[183] Sustainability and Environmental Impact - Total greenhouse gas emissions for the reporting period were 4.549 tons of CO2 equivalent, an increase of 7.8% compared to the previous year[140] - The density of greenhouse gas emissions was 0.016 tons of CO2 equivalent per total office area, up from 0.015 tons in the previous year[140] - The company implemented a "paperless office" policy to reduce waste, aiming to decrease printing costs by 30% to 40% annually[143] - The total power consumption was 7,416 kWh, an increase from 7,214 kWh in the previous year[146] - The group aims to reduce energy consumption density by 10% by the fiscal year 2031, with a baseline of 20.35 kWh per square meter in the fiscal year 2021[163]

Financial Performance - Total revenue for the year ended December 31, 2023, was RMB 88,487,000, a decrease of 13.8% from RMB 102,618,000 in 2022[2] - The net profit for the year was RMB 15,192,000, down 50.3% compared to RMB 30,543,000 in the previous year[2] - Basic earnings per share decreased to RMB 1.30 from RMB 2.61, reflecting a decline of 50%[2] - The company reported a pre-tax profit of RMB 26,477,000, down 47.8% from RMB 50,640,000 in 2022[2] - The group’s factoring business recorded operating income of RMB 88,487,000 for the year, down from RMB 102,618,000 in the previous year, representing a decrease of approximately 13.1%[68] - The net profit attributable to the company's owners for the year was RMB 15,192,000, compared to RMB 30,543,000 in the previous year, indicating a decline of about 50.3%[68] - The basic earnings per share for the year were RMB 1.30, down from RMB 2.61 in the previous year, reflecting a decrease of approximately 50%[68] Assets and Liabilities - Total assets as of December 31, 2023, were RMB 626,564,000, a decrease from RMB 667,107,000 in 2022[4] - Non-current liabilities decreased to RMB 487,999,000 from RMB 508,768,000, indicating a reduction of 4%[4] - The total current liabilities decreased significantly to RMB 246,220,000 as of December 31, 2023, down from RMB 396,354,000 in 2022, indicating a reduction of about 37.9%[149] - The total non-current liabilities also decreased to RMB 56,301,000 as of December 31, 2023, from RMB 83,366,000 in 2022, representing a decline of approximately 32.4%[149] - The total amount of factoring receivables was RMB 630,940,000, a decrease from RMB 763,635,000 in the previous year, representing a decline of about 17.4%[61] - The total amount of communication factoring receivables as of December 31, 2023, was RMB 187.6 million, a decrease from RMB 403.7 million in 2022, reflecting a reduction of approximately 53.7%[115] Revenue Sources - Traditional factoring business revenue increased to RMB 31,009,000 in 2023 from RMB 26,883,000 in 2022, representing an increase of approximately 8.3%[25] - Communication factoring business revenue decreased to RMB 57,478,000 in 2023 from RMB 75,735,000 in 2022, a decline of about 24%[25] - Total factoring business revenue for the year reached RMB 88,487,000[45] - The company recorded service revenue of approximately RMB 57,478,000 for communication factoring business, down from RMB 75,735,000 in the previous year[77] Dividends and Shareholder Returns - The company proposed a special dividend of HKD 0.84 per share, totaling RMB 8,896,000, which was approved by the board[43] - The group approved a special dividend of RMB 8,896,000, equivalent to HKD 0.84 per share, to be paid in January 2024[56] Risk Management and Controls - The group has maintained strict risk control measures to minimize risks associated with its factoring business, focusing on clients with stable cash flows and solid financial conditions[48] - The company recognizes the primary risk in the telecommunications factoring business as potential defaults from end customers, which it aims to mitigate through stringent controls[107] - The company has implemented strict credit policies to minimize credit risk associated with traditional factoring receivables[104] - The factoring business team conducts due diligence and risk assessments before approving financing to clients[103] Future Plans and Strategies - The company plans to continue focusing on traditional and communication factoring services to drive future revenue growth[2] - The group plans to continue operating its factoring business through its subsidiary, Yue Da Commercial Factoring (Shenzhen) Co., Ltd., established in China[70] - The company plans to continue expanding its factoring business through its network of state-owned enterprises in China, which is expected to provide a degree of risk control[91] - The company will focus on the factoring business in 2024, acknowledging the slow global economic recovery as a significant challenge[94] - The group is exploring potential investment opportunities to diversify its existing business, although no formal agreements have been established yet[120] Employee and Management Information - The factoring business employed approximately 18 staff members as of December 31, 2023, led by an experienced management team[102] - The group employed approximately 25 employees in Hong Kong and mainland China, with a focus on management, administration, and factoring business[155] Compliance and Governance - The board confirmed compliance with corporate governance codes throughout the year, with some exceptions regarding attendance at shareholder meetings[157] - All directors confirmed adherence to the standard code of conduct for securities trading during the year[158] - The company has established a remuneration committee to review and discuss remuneration policies and levels for executive directors[137] Financial Adjustments and Accounting - The company has implemented new accounting standards that do not significantly impact its financial position or performance[20] - The company recorded a financial guarantee contract remeasurement loss in the current year, contrasting with a gain in the previous year[42] - The expected credit loss model resulted in a reversal of impairment losses in the current year, while the previous year recorded net losses[42] Cash Flow and Financing - The company’s cash and cash equivalents increased to RMB 41,061,000 from RMB 26,267,000, representing a growth of 56.3%[4] - The company’s financing costs included interest expenses of RMB 14,884,000 from asset-backed financing arrangements, slightly down from RMB 15,948,000 in the previous year[28] - As of December 31, 2023, the bank and other borrowings and asset-backed financing arrangements amounted to RMB 50,000,000, a decrease from RMB 90,000,000 in 2022[152] Market and Economic Conditions - The company is exploring potential new clients for its traditional factoring business, with a more cautious due diligence approach due to the slowdown in China's economic growth[143]

香港交易及結算所有限公司以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。 YUE DA INTERNATIONAL HOLDINGS LIMITED 達 國 際 控 股 有 限 公 司 悅 （於開曼群島註冊成立的有限公司） （股份代號：629） 有關 二零二二年年報的補充公告 茲提述悅達國際控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）截至 二零二二年十二月三十一日止年度的年度報告（「二零二二年年報」）。除另有界定 者外，本公告所用詞彙與二零二二年年報中所界定者具有相同涵義。 本公司已在二零二二年年報第5頁披露，截至二零二二年十二月三十一日，保理業 務保理應收款項總額約為人民幣784,459,000元。 本公司謹此提供有關於二零二二年十二月三十一日保理業務保理應收款項總額的 進一步資料。 傳統保理業務 就傳統保理業務而言，於二零二二年十二月三十一日，傳統保理業務項下保理應收 ...

Revenue Growth - Revenue from traditional factoring business reached RMB 16,021,000, an increase of 24.0% compared to RMB 12,870,000 in the previous year[14] - Revenue from communication-related factoring business was RMB 32,305,000, up 24.5% from RMB 25,900,000 year-on-year[14] - Total revenue for the period amounted to RMB 48,326,000, representing a growth of 24.7% compared to RMB 38,770,000 in the same period last year[14] - Revenue for the six months ended June 30, 2023, was RMB 48,326,000, compared to RMB 38,770,000 for the same period in 2022, representing a growth of approximately 24.5%[32] - Traditional factoring business generated revenue of RMB 16,021,000, up from RMB 12,870,000 in the previous year, indicating a year-on-year increase of about 24.5%[32] - Communication-related factoring business revenue increased to RMB 32,305,000 from RMB 25,900,000, reflecting a growth of approximately 24.5%[32] - The service revenue recorded during the period was RMB 32,305,000, compared to RMB 25,900,000 in the same period last year, representing an increase of approximately 24.5%[175] Profitability - The company reported a pre-tax profit of RMB 28,235,000, an increase of 49.9% from RMB 18,819,000 in the previous year[14] - Net profit for the period was RMB 16,666,000, up 54.0% from RMB 10,800,000 year-on-year[14] - The total profit and comprehensive income for the period was RMB 16,666,000, up from RMB 10,800,000 in the previous year, with basic earnings per share of RMB 1.43 compared to RMB 0.92 last year[73] - The net profit attributable to the company's owners for the six months ended June 30, 2023, was RMB 16,666,000, compared to RMB 10,800,000 for the same period in 2022, representing a growth of approximately 54.5%[128] Costs and Expenses - Employee costs rose to RMB 4,220,000, an increase of 6.5% from RMB 3,962,000 in the previous year[14] - Financing costs increased significantly to RMB 10,429,000, compared to RMB 4,825,000 in the previous year, reflecting a rise of 116.5%[14] - Interest expenses from bank and other borrowings increased to RMB 10,429,000 from RMB 4,825,000 year-on-year[50] - The company reported a tax expense of RMB 11,569,000 for the six months ended June 30, 2023, compared to RMB 8,019,000 for the same period in 2022[51] - Other payables and accrued expenses increased to RMB 21,962,000 as of June 30, 2023, from RMB 10,922,000[150] Assets and Liabilities - The company's total equity attributable to owners increased to RMB 442,068,000 from RMB 425,402,000 at the end of the previous year[27] - Non-current liabilities related to asset-backed financing arrangements decreased to RMB 5,630,000 from RMB 66,864,000, indicating a significant reduction[27] - Total assets less current liabilities amounted to RMB 467,727,000 as of June 30, 2023, compared to RMB 508,768,000 as of December 31, 2022[36] - Current liabilities totaled RMB 257,789,000 as of June 30, 2023, compared to RMB 396,354,000 at the end of the previous year[36] - The company's total liabilities decreased to RMB 257,789,000 from RMB 396,354,000 as of December 31, 2022[104] - The debt-to-asset ratio improved to approximately 39.1% from 53.0% as of December 31, 2022[104] Cash Flow - Net cash generated from operating activities for the six months ended June 30, 2023, was RMB 173,059,000, significantly higher than RMB 36,238,000 in the same period last year[39] - Cash and cash equivalents at the end of the period were RMB 41,001,000, an increase from RMB 26,267,000 at the end of the previous period[39] - The company's cash and cash equivalents amounted to RMB 41,001,000, up from RMB 26,267,000 as of December 31, 2022[104] Business Development and Strategy - The company has not provided specific guidance for future performance but continues to focus on expanding its traditional and communication-related factoring services[53] - The group has established cooperation with major telecommunications service providers in China to expand its communication factoring services, which are expected to yield higher revenue rates than traditional factoring[78] - The group plans to continue expanding its factoring business through its network of state-owned enterprises in China, which is expected to enhance risk control and collateral recovery[77] - The company aims to provide factoring services primarily to financially sound clients with good reputations, particularly state-owned listed companies with stable cash flows[164] - The company is actively seeking to expand its customer base and identify opportunities in the telecommunications factoring sector and other industries[103] Risk Management - The factoring business team conducts due diligence and risk assessments on clients before providing services, ensuring a rigorous approval process involving multiple levels of management[174] - The company has engaged several professional technology service companies to provide risk screening and related technical services for supplier customers, enhancing credit assessment capabilities[76] Corporate Governance - The board confirmed compliance with the corporate governance code throughout the reporting period, with one independent non-executive director attending the annual general meeting[192] - The board consists of eight members, including two executive directors, four non-executive directors, and two independent non-executive directors, following the resignation of an independent director on June 19, 2023[197] - The company has established a remuneration committee to review and discuss remuneration policies and levels[121] Employee Information - The company’s factoring business employed approximately 16 staff members as of June 30, 2023, led by an experienced management team[161] - The group employed approximately 19 staff in management, administration, and commercial factoring-related roles as of June 30, 2023, with no significant recruitment difficulties or employee turnover reported[190] - The short-term benefits for key management personnel increased to RMB 1,635,000 in the first half of 2023, compared to RMB 944,000 in the same period of 2022[160]

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依賴該等內容而引致的任何損失承擔任何責任。 YUE DA INTERNATIONAL HOLDINGS LIMITED 悅達國際控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：629） 截至二零二三年六月三十日止六個月 之中期業績公告 中期業績 悅達國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈，本公司 及其附屬公司（統稱「本集團」）截至二零二三年六月三十日止六個月（「期內」）的 未經審核簡明綜合中期業績連同過往期間的比較數字如下： ...

Financial Performance - The company's factoring business recorded operating revenue of RMB 102,618,000, an increase of approximately 76.0% compared to the previous year[9]. - The net profit attributable to shareholders rose from RMB 15,114,000 to RMB 30,543,000, with basic earnings per share increasing from RMB 1.29 to RMB 2.61[9]. - Total factoring receivables increased by 32.1% compared to the previous year, with overall revenue rising by 27.0%[18]. - Interest income and management fee income for the year were approximately RMB 21,880,000 and RMB 5,003,000, respectively, compared to RMB 29,728,000 and RMB 7,122,000 in the previous year[12]. - The average return on investment for the year was 14.01%, up from 9.66% in the previous year[24]. Business Strategy and Expansion - The company plans to actively expand its customer base and seek opportunities in the telecommunications factoring sector and other potential industries[20]. - The company aims to diversify its existing business areas to enhance overall long-term benefits for the group and its shareholders[20]. - The group plans to continue developing its existing factoring financial services, accounts receivable management, and collection services, while also expanding its factoring business through communication factoring and exploring potential investment opportunities[59]. - The group is exploring potential investment opportunities to further diversify its existing business, although no formal agreements have been identified yet[34]. - The company aims to expand its customer base and explore opportunities in the communications industry and other potential sectors[67]. Risk Management - The company maintains strict risk control measures to minimize risks associated with factoring services[14]. - The company will remain vigilant regarding potential impacts from a slow global economic recovery and will take necessary measures to mitigate these effects[20]. - The group aims to leverage its network of state-owned enterprises in China to enhance risk control in its factoring business[60]. - The group is conducting more prudent due diligence on potential new clients due to the slowdown in China's economic growth, aiming to improve the overall quality of its client base[32]. - The company has conducted a risk assessment to identify major business risks and has developed an internal audit plan based on these assessments[169]. Corporate Governance - The board does not recommend the payment of any dividends for the current year, consistent with the previous year[51]. - The company has no predetermined dividend payout ratio, and future dividends will depend on the board's discretion based on profitability and financial conditions[76]. - The board is committed to improving corporate governance and has adhered to the corporate governance code throughout the year[77]. - The board of directors is responsible for overseeing the preparation of the group's financial statements, ensuring they present a true and fair view of the financial position, performance, and cash flows[90]. - The company has adopted a board diversity policy to maintain a competitive advantage, considering various factors such as skills, experience, and gender[92]. Environmental Impact - The total greenhouse gas emissions for 2022 amounted to 4.223 tons of CO2 equivalent, an increase from 3.786 tons in 2021[37]. - The group emitted 4.223 tons of CO2 equivalent greenhouse gases during the reporting period, an increase of 12% compared to last year[124]. - The density of emissions was 0.013 tons of CO2 equivalent per square meter of total office area[124]. - The group aims to reduce emission density by 10% by 2031, with a baseline emission density of 0.013 tons of CO2 equivalent per square meter as of 2021, which has increased by 12% since then[159]. - The company encourages employees to use public transport and online meetings to reduce carbon footprint[130]. Financial Position - As of December 31, 2022, the company's total equity was RMB 105,965,000, unchanged from 2021, while reserves increased to RMB 319,437,000 from RMB 288,894,000[69]. - The total current liabilities as of December 31, 2022, amounted to RMB 396,354,000, up from RMB 302,690,000 in 2021, primarily due to other payables and borrowings[69]. - The company has secured credit financing against factoring receivables totaling RMB 100,000,000 as of December 31, 2022, an increase from RMB 50,000,000 in 2021[74]. - The group's net asset value as of December 31, 2022, was RMB 425,402,000, representing an increase of approximately 7.7% from RMB 394,859,000 in 2021[93]. - The debt-to-asset ratio was approximately 53.0% as of December 31, 2022, up from 44.2% in 2021[93]. Stakeholder Engagement - The company is committed to continuous communication with shareholders, especially during the annual general meeting, to encourage their participation[173]. - The company has engaged stakeholders, including employees and customers, to better understand their needs and expectations[166]. - The company has a clear division of responsibilities between the chairman and the CEO, ensuring effective governance and communication with shareholders[188]. - The board members have diverse backgrounds and expertise, contributing to strategic planning and operational management[110]. - The company has appointed a company secretary who has completed at least 15 hours of relevant professional training to enhance skills and knowledge[172]. Climate Change Considerations - The company does not have a formal policy regarding climate change, viewing it as an environmental, social, and governance issue[198]. - Acute physical climate risks are expected to increase, potentially damaging local infrastructure and disrupting human resources[200]. - Long-term chronic climate risks may raise capital, operational, human resource costs, and insurance premiums[200]. - The company anticipates increased procurement expenses for new technologies and practices during the transition period[200]. - Stricter environmental laws and carbon pricing may lead to increased operational costs in the short to medium term[200].

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依賴該等內容而引致的任何損失承擔任何責任。 YUE DA INTERNATIONAL HOLDINGS LIMITED 達 國 際 控 股 有 限 公 司 悅 （於開曼群島註冊成立的有限公司） （股份代號：629） 截至二零二二年十二月三十一日止年度之 業績公告 及建議修訂組織章程大綱及細則 年度業績 悅達國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）宣佈，本公司及 其附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度（「本年度」） 之經審核綜合年度業績與上年的比較數字如下： 綜合損益及其他全面收入表 截至二零二二年十二月三十一日止年度 二零二二年 二零二一年 附註 人民幣千元 人民幣千元 收入 3 傳統保理業務產生的收入 26,883 36,850 通訊類保理業務產生的收入 75,735 21,442 102,618 58,292 其他收入 319 1,174 ...

Financial Performance - Revenue for the six months ended June 30, 2022, was RMB 38,770 thousand, a 39.8% increase from RMB 27,735 thousand for the same period in 2021[8] - Profit before tax for the same period was RMB 18,819 thousand, down 27.2% from RMB 25,907 thousand in 2021[8] - Net profit for the six months ended June 30, 2022, was RMB 10,800 thousand, a decrease of 31.9% compared to RMB 15,857 thousand in 2021[8] - Basic and diluted earnings per share for the period were RMB 0.92, down from RMB 1.36 in the previous year[8] - The company reported a decrease in administrative expenses to RMB 3,445 thousand for the six months ended June 30, 2022, down from RMB 5,468 thousand in 2021, a reduction of 37.0%[8] - Financing costs increased to RMB 4,825 thousand in the first half of 2022, compared to RMB 3,243 thousand in the same period of 2021, an increase of 48.8%[8] - Net cash flow from operating activities for the six months ended June 30, 2022, was RMB 36,238 thousand, a decrease of 34% from RMB 54,795 thousand in the same period of 2021[15] - The company reported a net foreign exchange gain of RMB 81 thousand for the six months ended June 30, 2022, significantly down from RMB 8,820 thousand in the same period of 2021[29] - The total profit and comprehensive income amounted to RMB 10,800,000, down from RMB 15,857,000 in the previous year, with basic earnings per share at RMB 0.92, compared to RMB 1.36 last year[74] Assets and Liabilities - Non-current assets as of June 30, 2022, totaled RMB 209,677 thousand, compared to RMB 202,578 thousand as of December 31, 2021, reflecting a 3.4% increase[9] - Current assets increased to RMB 532,154 thousand as of June 30, 2022, from RMB 505,165 thousand at the end of 2021, representing a 5.3% growth[9] - Total liabilities as of June 30, 2022, were RMB 316,690 thousand, compared to RMB 302,690 thousand at the end of 2021, indicating a 4.6% increase[9] - The company's total equity attributable to owners increased to RMB 405,659 thousand as of June 30, 2022, from RMB 394,859 thousand at the end of 2021, a rise of 2.0%[11] - The total amount of other payables and accrued expenses increased to RMB 15,477,000 as of June 30, 2022, from RMB 13,467,000 as of December 31, 2021[49] - As of June 30, 2022, the total principal amount of traditional factoring receivables was RMB 226,720,000, down from RMB 288,293,000 as of December 31, 2021, representing a decrease of approximately 21.4%[79] Cash Flow and Financing - The company’s cash and cash equivalents increased by RMB 22,258 thousand, reaching RMB 46,712 thousand at the end of the reporting period, compared to RMB 13,704 thousand at the end of the same period in 2021[15] - The company raised new bank loans of RMB 50,000 thousand during the reporting period, maintaining the same amount as in the previous year[15] - The company had bank loans of RMB 50,000,000 as of June 30, 2022, with a fixed annual interest rate of 6.3%, unchanged from the previous year[53] - The group issued credit facilities secured by factoring receivables totaling RMB 50,000,000 as of June 30, 2022, unchanged from December 31, 2021[95] - The company will continue to utilize internal resources, bank loans, and other borrowings to develop its factoring business, and is considering asset securitization as a financing option[90] Business Operations - The company recorded operating income of RMB 38,770,000 for its commercial factoring business, an increase of approximately 39.8% compared to RMB 27,735,000 in the same period last year[74] - The group reported other receivables and prepayments of RMB 683,796,000 as of June 30, 2022, compared to RMB 672,163,000 as of December 31, 2021, indicating a marginal increase[38] - The outstanding principal amount of receivables under telecommunications factoring was RMB 435,564,000 as of June 30, 2022, an increase from RMB 391,998,000 as of December 31, 2021, reflecting an increase of approximately 11.1%[83] - Service income from telecommunications factoring reached RMB 25,900,000, significantly up from RMB 6,412,000 in the same period last year, marking an increase of approximately 303.5%[83] - The company plans to further develop its factoring business, including telecommunications factoring, accounts receivable consulting services, and exploring potential investment opportunities[85] - The company has established partnerships with China's three major telecommunications service providers for telecommunications factoring services, which are expected to yield higher interest income compared to traditional factoring[87] Shareholder and Governance - The board currently includes independent non-executive directors, but the number is below the required threshold, necessitating immediate action to rectify this[103] - The company is actively seeking suitable candidates to fill the vacancies in the board and committees to comply with Listing Rules within three months from the 2021 annual general meeting[103] - The audit committee's membership has decreased to two members, which is below the minimum requirement of three members as per Listing Rules[103] - The company has adopted a share option scheme approved on May 20, 2021, aimed at incentivizing selected participants who contribute to the group, with no unexercised options as of June 30, 2022[111] - Jiangsu Yueda Group Limited holds 808,979,333 shares, representing 69.22% of the total issued share capital, indicating significant control over the company[107] - As of June 30, 2022, major shareholders include Yueda Capital (Hong Kong) Limited with 600,000,000 shares (51.34%) and Yueda Group (Hong Kong) Limited with 208,979,333 shares (17.88%) of the total issued share capital[107]