Market Overview - The A-share market showed mixed performance today, with the Shanghai Composite Index falling over 1% and briefly dropping below the 3800-point mark, while the ChiNext Index remained relatively strong [2] - The Shanghai Composite Index closed down 1.16% at 3813.56 points, the Shenzhen Component Index fell 0.65% to 12472 points, and the ChiNext Index rose 0.95% to 2899.37 points [2] - The total trading volume in the Shanghai and Shenzhen markets was 239.61 billion yuan, a decrease of 51.67 billion yuan from the previous day [2] Sector Performance - Over 4500 stocks declined, with significant losses in the brokerage, insurance, and banking sectors, where major companies like China Life and New China Life fell over 2% [2] - The military industry sector saw substantial declines, with several stocks hitting the daily limit down [2] - Conversely, the innovative drug concept stocks were active, with companies like Baihua Medicine and Chenxin Pharmaceutical hitting the daily limit up [2] Solid-State Battery Sector - The solid-state battery concept was notably active, with stocks like Haibo Technology and Taihe Technology hitting the daily limit up of 20%, and EVE Energy rising over 12% [4][6] - EVE Energy announced the official opening of its solid-state battery production base in Chengdu, with an annual production capacity of nearly 500,000 cells, and the first product, a 10Ah solid-state battery, has been successfully produced [6] - The solid-state battery industry is expected to accelerate due to rising demand and the establishment of industry standards, with significant participation from major institutions [7] Individual Stock Highlights - Tianpu Co., Ltd. achieved a ninth consecutive trading day of hitting the daily limit up, closing at 62.81 yuan per share, with a total market capitalization of 8.4 billion yuan [9] - Jian Design experienced a significant late-session surge, with its stock price increasing over 20% in the last minute of trading, closing up 17.71% at 20.6 yuan per share [14]

Market Overview - The A-share market showed a mixed performance today, with the Shanghai Composite Index falling over 1% and briefly dropping below the 3800-point mark, while the ChiNext Index remained relatively strong, rising by 0.95% to close at 2899.37 points [1] - The total trading volume in the Shanghai and Shenzhen markets was 239.61 billion yuan, a decrease of 51.67 billion yuan compared to the previous day [1] Sector Performance - Over 4500 stocks in the market were in the red, with significant declines in the brokerage, insurance, and banking sectors. Notably, Guosheng Financial Holdings (002670) approached a trading halt, and major insurers like China Life (601628) and Xinhua Insurance (601336) fell over 2% [2] - The military industry sector saw substantial declines, with several stocks hitting the daily limit down [2] - Conversely, the innovative drug concept stocks were active, with Baohua Pharmaceutical (600721) and others hitting the daily limit up, while the solid-state battery concept stocks also surged, with EVE Energy (300014) rising approximately 12% [2][3] Solid-State Battery Sector - The solid-state battery concept was notably active, with stocks like Haibo Technology (300801) and EVE Energy (300014) achieving significant gains, including a 20% limit up for Haibo Technology [3] - EVE Energy announced the official unveiling of its solid-state battery production base in Chengdu, with an annual production capacity of nearly 500,000 cells expected after full operation. The first phase is set to be completed by December 2025, with a capacity of 60Ah batteries [5] - The solid-state battery technology is anticipated to accelerate due to rising demand and the establishment of industry standards, with a conference scheduled for September 2025 to discuss various standards related to solid-state batteries [5][6] Company Highlights - Tianpu Co., Ltd. (605255) achieved a ninth consecutive trading day of limit up, closing at 62.81 yuan per share, with a total market capitalization of 8.4 billion yuan [7] - Tianpu Co., Ltd. reported a revenue of 151 million yuan for the first half of 2025, a year-on-year decrease of 3.44%, and a net profit of 11.3 million yuan, down 16.08% year-on-year [10] - Jian Design (300668) experienced a significant last-minute surge, closing up 17.71% at 20.6 yuan per share, with a total market capitalization of 2.5 billion yuan [12]

（文章来源：上海证券报） 盘面上，光伏设备板块午后走强，上能电气"20cm"涨停，阳光电源涨近16%；CPO概念股震荡拉升，中际旭创涨超10%，股价续创新高，长飞光纤走出8 天5板。下跌方面，非银金融、农业等板块跌幅靠前；券商股集体调整，国盛金控跌超7%。 杰恩设计（300668）尾盘异动，距离收盘还有1分钟，股价从下跌3.31%直线拉升，截至收盘报20.60元/股，涨幅17.71%。 9月3日，沪深两市成交额连续第16个交易日突破2万亿元。截至收盘，三大指数涨跌不一，上证指数报3813.56点，跌1.16%；深证成指报12472.00点，跌 0.65%；创业板指报2899.37点，涨0.95%。 ...

東銀國際控股有限公司 （於香港註冊成立之有限公司） 股份代號：668 2024 中期報告 目錄 1 東銀國際控股有限公司 2024 中期報告 頁次 公司資料 2 管理層對業務之討論及分析 3 其他資料 17 簡明合併損益表 22 簡明合併損益及其他綜合收益表 23 簡明合併財務狀況表 24 簡明合併權益變動表 25 簡明合併現金流量表 26 簡明合併中期財務報表附註 27 公司資料 | --- | --- | |-------------------------------------------------------------|----------------------------------------------------------------------------| | 董事局 | 註冊辦事處 | | 執行董事 | 香港灣仔港灣道 25 號 | | 羅韶宇先生， 主席 | 海港中心 22 樓 2206 室 電話： (852) 2596 0668 傳真： (852) 2511 0318 | | 台星先生， 行政總裁 （於 2024 年 6 月 3 日辭職） 曹鎮偉先生 | 電子郵箱： enq ...

Financial Performance - Revenue for the six months ended June 30, 2024, was HKD 37,550,000, an increase of 7.1% compared to HKD 35,073,000 for the same period in 2023[2] - Profit for the period was HKD 14,938,000, representing a 40.5% increase from HKD 10,669,000 in the previous year[4] - Basic and diluted earnings per share increased to HKD 0.84 from HKD 0.55, reflecting a growth of 52.7%[3] - Revenue from customer contracts for the six months ended June 30, 2024, was HKD 36,023,000, an increase of 6.9% compared to HKD 33,830,000 for the same period in 2023[11] - Rental income from investment properties for the six months ended June 30, 2024, was HKD 8,183,000, up 27.5% from HKD 6,420,000 in the previous year[11] - The net profit after tax for the six months ended June 30, 2024, was HKD 14,938,000, representing a 40.5% increase from HKD 10,669,000 for the same period in 2023[12] - The company reported a financial income of HKD 1,271,000 from bank deposits for the six months ended June 30, 2024, compared to HKD 930,000 in the previous year, marking a 36.7% increase[19] - The company reported a net financial income of HKD 1,146,000 for the six months ended June 30, 2024, compared to HKD 889,000 in the previous year[19] - The company reported a foreign exchange loss of HKD 34,498,000 for the period, compared to a loss of HKD 52,175,000 in the previous year[4] - The total comprehensive income for the period was HKD (19,560,000), an improvement from HKD (41,506,000) in the same period last year[4] Assets and Liabilities - Total assets as of June 30, 2024, were HKD 923,725,000, a slight decrease from HKD 943,281,000 at the end of 2023[5] - Net current assets decreased to HKD 604,981,000 from HKD 618,809,000, indicating a decline of 2.2%[5] - The company’s cash and bank balances decreased to HKD 144,088,000 from HKD 159,548,000, a decline of 9.7%[5] - Trade receivables amounted to approximately HKD 4.5 million as of June 30, 2024, down from HKD 11.2 million as of December 31, 2023[26] - As of June 30, 2024, the total receivables amounted to approximately HKD 501.2 million, an increase from approximately HKD 495.5 million in 2023[35] - The group holds approximately HKD 144.1 million in cash and cash equivalents as of June 30, 2024, down from HKD 159.5 million as of December 31, 2023, indicating a decrease of about 3.4%[49] - The current ratio as of June 30, 2024, is approximately 10.4, compared to 11.4 as of December 31, 2023, reflecting a decline in liquidity[49] - The group has no capital debt as of June 30, 2024, maintaining a debt-free status similar to December 31, 2023[49] Business Segments - The company identified four reportable segments, including investment properties, flower and plant sales, and bad asset management, consistent with the previous year[13] - The East Kui business segment contributed revenue of approximately HKD 27.8 million, an increase of about 1.46% from HKD 27.4 million in 2023[29] - The East Kui business segment recorded a post-tax profit of approximately HKD 22 million, up from HKD 20.1 million in 2023, attributed to increased income from factoring and reduced operating expenses[29] - Dongdongmo's investment property segment contributed approximately HKD 8.2 million in revenue for the six months ended June 30, 2024, compared to HKD 6.4 million in 2023, reflecting a growth in income from investment properties[37] - The segment recorded a post-tax profit of approximately HKD 3.7 million for the six months ended June 30, 2024, up from HKD 3.4 million in 2023, attributed to increased income from investment properties[37] - The sales of flowers and plants segment generated approximately HKD 1.5 million in revenue for the six months ended June 30, 2024, compared to HKD 1.2 million in 2023, indicating a growth despite market challenges[38] - The post-tax profit for the sales of flowers and plants segment was approximately HKD 17,000 for the six months ended June 30, 2024, down from HKD 100,000 in 2023, primarily due to increased costs[38] Investments and Financing - The company continues to focus on expanding its investment properties and financing services in China and Hong Kong[7] - As of June 30, 2024, the company provided loans totaling approximately HKD 501.8 million, compared to HKD 496.1 million as of December 31, 2023[11] - The company has established loan financing and factoring agreements with 9 borrowers as of June 30, 2024, consistent with the number as of December 31, 2023[29] - The company entered into a loan financing agreement with Chongqing Longyate Metal Materials Co., Ltd. for a total consideration of approximately HKD 2.1 million, with an annual interest rate of 9.80%[30] - The company has provided financing of approximately HKD 20.4 million under a factoring agreement with Wuhan Hezhong Chuangzhan Trading Co., Ltd., with an annual interest rate of 12.00%[31] - Shanghai Dongrui entered into a factoring agreement with Chongqing Maotong, providing financing of approximately RMB 8.5 million (about HKD 9.1 million) at an annual interest rate of 11.00%[32] - On October 11, 2023, Shanghai Dongrui signed a factoring agreement with Chongqing Chaofeng, providing financing of approximately RMB 53 million (about HKD 56.9 million) at an annual interest rate of 10.00%[32] - Shanghai Dongrui entered into a factoring agreement with Chongqing Baicui, providing financing of approximately RMB 67 million (about HKD 72 million) at an annual interest rate of 11.00%[34] - On November 2, 2023, Shanghai Dongrui signed a refinancing agreement with Panyun, providing financing of approximately RMB 49.6 million (about HKD 53.2 million) at an annual interest rate of 9.41%[34] - The company reported a loss provision of approximately HKD 660,000 against total receivables[35] - Shanghai Dongrui's factoring agreements with various companies included collateral of receivables totaling approximately RMB 44.4 million (about HKD 47.7 million) from Chongqing Pumei[33] Future Outlook and Strategy - The company anticipates stable growth in the Chinese consumer market despite challenges in the real estate sector and low consumer confidence[35] - The company anticipates continued positive development momentum in the second half of 2024, supported by government policies aimed at stimulating demand and improving economic expectations[40] - The company plans to focus resources on factoring and re-factoring businesses, enhancing internal management and risk control capabilities[41] - The company is actively exploring business innovation and expanding new market development opportunities while adhering to compliance and risk management standards[42] - The company has identified the need for a suitable team to optimize business models for managing bad assets after selling its stake in Anxin Wanbang Asset Management[39] - The company is closely monitoring domestic and international economic trends to prudently deploy business strategies and ensure sustainable long-term development[40] Corporate Governance - The company did not declare any dividends for the six months ended June 30, 2024, and 2023[22] - The company does not recommend declaring an interim dividend for the six months ending June 30, 2024 (2023: none) [50] - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the six months ending June 30, 2024 [50] - The audit committee, consisting of three independent non-executive directors, reviewed the interim financial information for the six months ending June 30, 2024, and confirmed compliance with applicable accounting standards and regulations [51] - The interim results announcement for the six months ending June 30, 2024, has been published on the Hong Kong Stock Exchange and the company's website [51] - The company has adopted the standard code of conduct for directors' securities transactions and confirmed compliance by all directors for the six months ending June 30, 2024 [50] Staffing and Operations - The group employs 29 full-time staff as of June 30, 2024, consistent with the number as of December 31, 2023[48] - The group has signed a nearly 10-year lease agreement for its office in Chengdu, which is expected to provide a stable and sustainable income source[45] - The group aims to become a major supplier of landscaping flowers and plants in China, despite ongoing pressures in the real estate market[46] - The Chongqing government has introduced multiple policies to support the real estate market, which is expected to gradually stabilize and benefit the group's flower and plant sales business[46] - The group has not utilized any derivative instruments to hedge interest rate risks as of June 30, 2024[49] - The group has not pledged any assets as of June 30, 2024, maintaining a clean asset status[49]

Financing Leasing and Factoring Business - In 2023, the financing leasing industry in China saw a decrease in the number of entities and business volume, with the total financing leasing contract balance dropping to RMB 576.6 billion, a decline of approximately RMB 84 billion or 1.44% from the end of 2022[8]. - The company plans to reduce risks in its financing leasing business and shift resources to the lower-risk factoring business to ensure stable and sustainable operations amid economic uncertainties[8]. - The factoring business is recognized for its significant potential in the Chinese market, enhancing companies' financing capabilities and cash flow efficiency[9]. - The group plans to actively seek investment opportunities in the non-performing asset management sector while ensuring compliance and sustainability[12]. - The group aims to achieve steady development in 2024 by adjusting its business layout and managing risks prudently[13]. - The group will focus on cultivating and attracting talent to ensure stable progress in its operations[13]. - The loan financing segment includes business loans, short-term loans, and factoring services, with a focus on the medical equipment sector[19]. - The group has not entered into new short-term loan agreements since the implementation of regulations in July 2020, adjusting its operations accordingly[27]. - The group has established over 100 end customers across China, including real estate developers, construction companies, building materials companies, and landscape design firms as of December 31, 2023[42]. - The interest rates for the group's factoring and re-factoring agreements range from approximately 9.41% to 11.00%[46]. - The group primarily targets large-scale, stable, and reputable tier 2 and tier 3 hospitals for its loan financing services, which are considered to have lower default risks[41]. - The average term for the group's loan financing agreements is one year, with interest rates set around 9.80%[43]. - The group has implemented a systematic operational process for loan financing and factoring transactions, ensuring risk control measures are applied consistently[48]. - The group offers flexibility in collateral requirements for factoring and re-factoring agreements to meet financial needs[47]. - The group’s re-factoring agreements typically have a term of six months to one year, aligning with industry practices to mitigate bad debt risks[46]. - The group has developed strong relationships and expertise in various industries, including energy, manufacturing, and real estate, enhancing its market opportunities[53]. - The group’s re-factoring income is recognized as interest income generated from providing re-factoring services[40]. - The group has a direct obligation from factoring companies to repay loans, regardless of the original debtor's ability to repay[39]. - The company will analyze the target market's demand for loan financing and factoring services, collecting potential customer data and assessing financing needs[54]. - A project proposal report will be prepared after receiving loan financing service applications, detailing lessee information, principal amounts, equipment conditions, collateral, and repayment sources[55]. - The company conducts due diligence to assess credit risk, including on-site visits to potential lessees to verify financial status and operational capabilities[59]. - The company requires lessees to provide purchase records or independent asset valuation reports for asset evaluation[60]. - All existing factoring agreements have recourse, meaning clients must repay loans regardless of their ability to collect receivables[62]. - Due diligence for factoring services focuses on reviewing clients' operational status, business risks, and repayment capabilities[66]. - The company will cross-check transaction authenticity and reasonableness during the due diligence process for receivables[65]. - A due diligence report will be compiled after assessing potential risks and compliance with relevant laws and regulations[64]. - Continuous monitoring procedures are established post-loan approval to manage risks associated with clients and final debtors[61]. - The project approval committee evaluates whether potential clients meet the company's requirements and if project proposals align with business policies[55]. - The company conducts thorough due diligence on factoring companies, suppliers, and final debtors, including financial status and credit ratings[67]. - A series of ongoing procedures are in place for risk management after approving loans to factoring companies, ensuring continuous monitoring of all parties involved[69]. - The project approval committee reviews and assesses the completeness of due diligence reports before approving loan financing and factoring projects[70]. - The company is responsible for monitoring loan repayments and collections, with specific teams handling asset management and legal actions if necessary[74]. - In the event of default, the company initiates a structured process to engage with counterparties, including notifications of repayment obligations and potential consequences[83]. - The company has the right to take remedial actions, including accelerating repayment of loans if counterparties breach financing agreements[78]. - The company regularly conducts asset inspections and valuations to ensure the integrity and condition of leased assets[75]. - The company requires factoring clients to repay loans regardless of their ability to collect receivables from original debtors[79]. - The company has established procedures for dealing with defaults, including arbitration and legal actions if initial negotiations fail[84]. - The company actively monitors the financial status of end clients and factoring companies through regular communication and media searches[77]. - As of December 31, 2023, the company is pursuing legal actions to recover unpaid loans from Shaanxi Taibai Investment Group Co., Ltd., which amounts to approximately RMB 35,426,293.77 (around HKD 39 million) due under the financing agreement[87]. - The court ruled in favor of the company on November 6, 2020, ordering Shaanxi Taibai to pay approximately RMB 33 million (around HKD 36.3 million) in unpaid rent and purchase price, along with default interest totaling around RMB 600,000 (around HKD 700,000) and legal fees of RMB 300,000 (around HKD 300,000)[88]. - The company has recognized expected credit losses primarily due to the default of Shaanxi Taibai, with provisions reflecting macroeconomic changes and the financial condition of counterparties[91]. - The expected credit loss is calculated based on the difference between the contractual cash flows due to the company and the expected cash flows to be received, discounted at the original effective interest rate[96]. - The company has engaged independent valuation experts to assess expected credit losses on certain loans and factoring receivables, with the loss amount based on the valuation report[96]. - The company has no ongoing litigation, arbitration, or claims against customers for recovering unpaid loans, aside from the case with Shaanxi Taibai[90]. - The company may explore collaboration with third-party asset management firms to recover some or all of the bad debts if the likelihood of recovering overdue loans is deemed low[86]. - The company’s credit risk assessment is conducted monthly by the board, focusing on the financial health of counterparties and the actual default situation[91]. - The company assumes significant financing components in its receivables, which may lead to increased credit risk assessments since the initial recognition[92]. - The company will write off financial assets when there is evidence of severe financial difficulties of the counterparty, such as bankruptcy or overdue debts exceeding two years[95]. Financial Performance - The group's revenue for the year ended December 31, 2023, was approximately HKD 72.58 million, a decrease of 32.21% compared to HKD 107.12 million in 2022[102]. - The profit attributable to the owners of the company for the year ended December 31, 2023, was approximately HKD 13.30 million, compared to a loss of approximately HKD 17.30 million in 2022[103]. - The group recorded a loan impairment loss reversal of approximately HKD 6.70 million for the year ended December 31, 2023, compared to a loss reversal of approximately HKD 0.30 million in 2022[100]. - The East Kui business segment contributed revenue of approximately HKD 50.50 million for the year ended December 31, 2023, a decrease of about 13.53% from HKD 58.40 million in 2022[106]. - The group’s total assets as of December 31, 2023, were approximately HKD 1.00 billion, with non-current assets at HKD 324.47 million and current assets at HKD 678.10 million[102]. - The group’s total liabilities as of December 31, 2023, were approximately HKD 64.70 million, with current liabilities at HKD 59.29 million and non-current liabilities at HKD 5.41 million[102]. - The group plans to maintain a cautious approach in business development to achieve long-term stable growth[106]. - The group will continue to monitor the macroeconomic developments in China and optimize its loan financing and factoring processes[100]. - The group’s internal control procedures regarding loan approvals are considered sound and effective, with no significant deviations noted[99]. - The group entered into a loan financing agreement with Chongqing Longyate Metal Materials Co., Ltd. for a total consideration of approximately HKD 2.20 million, with an annual interest rate of 9.80%[107]. - Shanghai Dongrui entered factoring agreements with multiple companies, providing financing secured by accounts receivable totaling approximately RMB 67 million (about HKD 74 million) with a principal amount of RMB 60 million (about HKD 66 million) at an annual interest rate of 12.00% on December 19, 2022[112]. - On September 15, 2023, Shanghai Dongrui signed a factoring agreement with Chongqing Pumei, providing financing secured by accounts receivable totaling approximately RMB 9.9 million (about HKD 10.9 million) with a principal amount of RMB 9 million (about HKD 9.9 million) at an annual interest rate of 11.00%[113]. - Shanghai Dongrui provided financing of approximately RMB 5.84 million (about HKD 6.42 million) secured by accounts receivable with a principal amount of RMB 5.3 million (about HKD 5.83 million) at an annual interest rate of 10.00% on October 11, 2023[118]. - On October 17, 2023, Shanghai Dongrui entered into a factoring agreement with Chongqing Maotong, providing financing secured by accounts receivable totaling approximately RMB 44.4 million (about HKD 48.8 million) with a principal amount of RMB 40 million (about HKD 44 million) at an annual interest rate of 11.00%[119]. - Shanghai Dongrui's recent agreements include a factoring agreement with Shenzhen Shengshi Jiaceng on September 15, 2023, providing financing of approximately RMB 8.6 million (about HKD 9.5 million) with a principal amount of RMB 7.9 million (about HKD 8.7 million) at an annual interest rate of 9.41%[118]. - The company has established a new factoring agreement with Chongqing Pumei on September 27, 2023, providing financing secured by accounts receivable totaling approximately RMB 44.4 million (about HKD 48.8 million) with a principal amount of RMB 40 million (about HKD 44 million) at an annual interest rate of 11.00%[120]. - On October 31, 2023, Shanghai Dongrui signed a refinancing agreement with Shengshi, providing financing secured by accounts receivable totaling RMB 29 million (about HKD 31.9 million) with a principal amount of RMB 26.5 million (about HKD 29.2 million) at an annual interest rate of 9.41%[120]. - Shanghai Dongrui's agreement with Pan Yu Commercial Factoring on November 2, 2023, involves financing secured by accounts receivable totaling approximately RMB 54.2 million (about HKD 59.6 million) with a principal amount of RMB 49.6 million (about HKD 54.6 million) at an annual interest rate of 9.41%[121]. - The company has consistently reduced interest rates in recent agreements, with the latest agreements showing rates as low as 9.41% compared to previous rates of 12.00%[118][121]. - Shanghai Dongrui's factoring agreements reflect a strategic focus on expanding financing options and improving cash flow management for its clients[117]. - Shanghai Dongrui entered into factoring agreements with Chongqing Peicui and Shanghai Hongxuan, providing financing of approximately RMB 67 million (about HKD 73.7 million) and RMB 37 million (about HKD 40.7 million) respectively, both at an annual interest rate of 11.00%[124][125]. - As of December 31, 2023, the total accounts receivable loans amounted to approximately HKD 495.5 million, a decrease from HKD 520.1 million in 2022, with factoring and re-factoring business accounting for HKD 493.7 million[127]. - The investment property segment generated revenue of approximately HKD 15.8 million for the year ended December 31, 2023, representing an increase of about 62.89% compared to HKD 9.7 million in 2022[132]. - The rental income from the Chengdu office is expected to provide stable revenue, with an annual rental amount of approximately RMB 1.6 million (about HKD 1.8 million) from a nearly 10-year lease agreement[132]. - The sales revenue from the flower and plant segment significantly declined to approximately HKD 6.3 million in 2023, down about 83.85% from HKD 39 million in 2022, due to the downturn in the real estate market in Chongqing[133]. - The company provided rent reductions totaling approximately RMB 420,000 (about HKD 460,000) to tenants at Dongdongmo, which accounted for about 3.08% of its revenue in 2023[128]. - The company has established 17 factoring and re-factoring agreements with nine borrowers, all of which are private companies with credit ratings ranging from AAA to A[126]. - The company acquired a property in Chengdu for RMB 19 million (about HKD 20.9 million), which is expected to benefit from the growing demand for office space in the region[129]. - The fair value gains from Dongdongmo and the Chengdu office amounted to approximately HKD 4.8 million for the year ended December 31, 2023, compared to a fair value loss of about HKD 31.4 million in 2022[132]. - The company has actively adapted to market demands and expanded sales channels to maintain competitiveness in the flower and plant market despite challenges[133]. - Shanghai Dongkui acquired 77.58% of Anxin Wanbang Asset Management for RMB 60,000 (approximately HKD 73,620), with Anxin Wanbang having a net liability of approximately RMB 1.7 million (approximately HKD 1.9 million) at the time of acquisition[134]. - The non-performing asset management segment recorded a post-tax loss of approximately HKD 100,000 for the year ending December 31, 2023, compared to a loss of approximately HKD 3.3 million in 2022[134]. - The company expects the Chinese economy to continue its recovery trend in 2024, with the government increasing economic support to achieve high-quality development[135]. - Shanghai Dongkui will focus resources on factoring and re-factoring businesses, enhancing customer quality while reducing operational risks[136]. - The government has introduced supportive policies for the healthy development of the supply chain finance industry, including commercial factoring[138]. - The company signed a nearly 10-year lease for its Chengdu office in June 2023, which is expected to provide stable income[143]. - Despite a continuous decline in property prices in China, rental prices in Chongqing and Chengdu are showing signs of stabilization and upward movement[143]. - The recovery of the real estate market and the construction of ecological cities are expected to positively impact the company's flower and plant sales business[144]. - The company aims to provide high-quality landscaping flowers and plants at competitive prices while exploring new sales channels to enhance operational quality and efficiency[144]. Cash and Debt Management - As of December 31, 2023, the group held cash and cash equivalents of approximately HKD 159.5 million, an increase from HKD 147.3 million in 2022[148]. - The current ratio as of December 31, 2023, was approximately 11.4, slightly down from 11.5 in 2022[148]. - The group had no capital debt ratio as of December 31, 2023, and total debt did not exceed cash and cash equivalents[148]. - The total employee cost recognized as of December 31, 2023, was approximately HKD 15.8 million, down from HKD 18.1 million in 2022[153]. - The group had 29 employees as of December 31, 2023, compared to 30 employees in 2022[153]. - The board did not recommend the declaration of a final dividend for the year ended December 31, 2023, consistent with 2022[158]. - The group has not incurred any significant contingent liabilities or capital commitments as of December 31, 2023[154]. - The group has maintained a net cash level sufficient to meet its operational and capital requirements[149]. - The group is actively seeking development opportunities in the non-performing asset management industry[145]. - The group aims to establish effective disposal processes and mechanisms to enhance its disposal capabilities and efficiency[145]. - The company reported no final dividend for the year ended December 31, 2023, consistent with the previous year[174]. - As of December 31, 2023, the company had no current or non-current borrowings, maintaining a debt-free status[181]. - The company's main business includes property investment and leasing in China, along with sales of flowers, seedlings, and providing loan financing and bad asset management services to Chinese clients[171]. - The company has not engaged in any share buybacks, sales, or redemptions during the year ended December 31, 2023[183]. - The company has no distributable reserves as of December 31, 2023, and 2022[176]. - The board of directors includes both executive and independent non-executive members, with several directors eligible for re-election at the upcoming annual general meeting[185]. - The company has not proposed any changes to its capital structure or issued new shares during the reporting period[178]. - The company’s financial performance and asset-liability summary for the past five fiscal years are detailed in the report[182]. - The company’s reserves and changes for the year ended December 31, 2023, are documented in the consolidated statement of changes in equity[175]. - The company has established service contracts with its directors, which are ongoing unless terminated by written notice[186]. - As of December 31, 2023, Mr. Luo Shaoyu holds a total of 785,373,018 shares, representing approximately 61.64% of the company's issued shares[192]. - Mr. Cao Zhenwei has a personal holding of 10,000 shares, which is 0.00% of the company's issued shares[

Financial Performance - The company reported a net profit of HKD 19,891,000 for the year ended December 31, 2023, compared to a loss of HKD 18,499,000 in 2022, marking a significant turnaround [2]. - The company’s total comprehensive income for the year was HKD 1,042,000, a recovery from a loss of HKD 77,342,000 in 2022 [2]. - The group reported a net profit attributable to shareholders of HKD 13.3 million for 2023, compared to a loss of HKD 17.3 million in 2022 [39]. - The profit attributable to the owners of the company for the year ended December 31, 2023, was approximately HKD 13.3 million, compared to a loss of approximately HKD 17.3 million in 2022 [116]. - The company reported a profit before tax of HKD 38,507,000 for 2023, compared to a loss of HKD 15,394,000 in 2022, indicating a significant turnaround in performance [136]. - The income tax expense for 2023 was HKD 18,616,000, up from HKD 3,105,000 in 2022, reflecting increased profitability [136]. - The net financial income for 2023 was HKD 1,249 thousand, a significant increase from HKD 155 thousand in 2022 [96]. - The group reported a net exchange loss of HKD 6,205 thousand in 2023, an improvement from a loss of HKD 20,573 thousand in 2022 [93]. Revenue and Sales - Total revenue decreased by 32.21% to approximately HKD 72,600,000 in 2023, down from HKD 107,100,000 in 2022, primarily due to reduced sales of flowers and plants [19]. - Revenue for 2023 was HKD 72,582,000, a decrease of 32.3% from HKD 107,120,000 in 2022 [4]. - The sales revenue from the flower and plant segment for the year ended December 31, 2023, was approximately HKD 6.3 million, a decline of about 83.85% compared to HKD 39 million in 2022 [33]. - The factoring and re-factoring business generated revenue of HKD 493.7 million, reflecting a slight decrease of HKD 629,000 compared to the previous year [30]. - The loan financing segment contributed revenue of approximately HKD 50.5 million for the year ended December 31, 2023, down 13.53% from HKD 58.4 million in 2022 [174]. - The investment property segment generated revenue of approximately HKD 15.8 million for the year ended December 31, 2023, representing an increase of 62.89% compared to HKD 9.7 million in 2022 [190]. Assets and Liabilities - The total assets of the group as of December 31, 2023, amounted to HKD 1,002.6 million, with total liabilities of HKD 64.7 million [57]. - The company’s equity attributable to shareholders was HKD 763,246,000, slightly down from HKD 764,019,000 in the previous year [5]. - The total loans granted to customers were approximately HKD 496,141,000 in 2023, down from HKD 525,158,000 in 2022, with interest rates ranging from 9.4% to 11.0% [152]. - The group’s total assets as of December 31, 2022, were HKD 1,004,531 thousand, with total liabilities of HKD 63,978 thousand [104]. - The group’s capital debt ratio was zero as of December 31, 2023, indicating no net debt [116]. - The group had no taxable profits for the years ended December 31, 2023, and 2022, thus no provision for Hong Kong profits tax was required [95]. Cash and Liquidity - As of December 31, 2023, the group's cash and cash equivalents amounted to approximately HKD 159.5 million, an increase from HKD 147.3 million in 2022, indicating sufficient liquidity for operations and future development [64]. - The current ratio as of December 31, 2023, was approximately 11.4, slightly down from 11.5 in 2022, reflecting stable short-term financial health [64]. - The company had no short-term or long-term borrowings as of December 31, 2023, the same as in 2022 [200]. Investment and Development - The group is committed to cautious business expansion while ensuring safety and compliance, aiming for long-term high-quality development [35]. - The group is focusing on expanding sales channels and adapting to market demands to maintain competitiveness in the flower and plant market [33]. - The company plans to seek development opportunities in the non-performing asset management industry and optimize its business model to align with regulatory requirements [198]. - The company aims to enhance its disposal capabilities and efficiency by establishing effective disposal processes and collaborating with quality service providers [198]. - The group anticipates that the Chinese economy will continue its recovery trend in 2024, supported by government measures aimed at achieving high-quality economic development [35]. Corporate Governance and Compliance - The group has adhered to corporate governance standards, with an audit committee comprising three independent non-executive directors reviewing the consolidated financial statements for the fiscal year ending December 31, 2023 [67]. - The company has maintained a cautious approach to business development, aiming for long-term stable growth [141]. Employee and Operational Management - The group is committed to enhancing employee training programs using internal and external resources to improve skills across various operational areas [85]. - The company has been actively managing its receivables, with a total of HKD 10,542,000 in trade receivables as of December 31, 2023, compared to HKD 11,037,000 in 2022 [154].

Financial Performance - The company recorded revenue of approximately HKD 35.1 million for the six months ended June 30, 2023, a decrease of 42.17% compared to HKD 60.7 million in the same period of 2022[6]. - The profit for the period was approximately HKD 10.7 million, down from HKD 13.5 million in 2022, primarily due to fair value losses on financial assets measured at fair value through profit or loss[6]. - The profit attributable to owners of the company was approximately HKD 7 million, compared to HKD 8.3 million in 2022[6]. - The company's revenue for the six months ended June 30, 2023, was HKD 35,073,000, a decrease of 42.3% compared to HKD 60,710,000 in the same period of 2022[73]. - Operating profit for the same period was HKD 16,893,000, down 21.5% from HKD 21,461,000 in 2022[73]. - Net profit for the six months was HKD 10,669,000, a decline of 21.6% from HKD 13,511,000 in the previous year[75]. - Basic and diluted earnings per share were HKD 0.55, compared to HKD 0.66 in 2022[73]. - The comprehensive income for the six months ended June 30, 2023, showed a loss of HKD (34,987) thousand, compared to a loss of HKD (50,085) thousand in the same period of 2022, indicating an improvement in performance[78]. Business Segments - The East Kui business segment contributed revenue of approximately HKD 27.4 million, a decline of 15.69% from HKD 32.5 million in 2022[7]. - The investment property segment contributed revenue of approximately HKD 6.4 million for the six months ended June 30, 2023, down from HKD 7.6 million in 2022, with a post-tax profit of approximately HKD 3.4 million[30]. - The sales of flowers and plants segment generated revenue of approximately HKD 1.2 million for the first half of 2023, a significant decrease from HKD 20.6 million in 2022, with a post-tax profit of approximately HKD 100,000[31]. - Revenue from the "Property Investment" segment was HKD 6,420,000, while the "Loan Financing" segment generated HKD 27,410,000, and the "Sales of Flowers and Plants" segment contributed HKD 1,243,000[94]. Debt and Financing - As of June 30, 2023, the total receivables from loans amounted to approximately HKD 513.4 million, compared to HKD 520.1 million as of December 31, 2022[9]. - The company has established short-term loan and factoring agreements with 14 borrowers as of June 30, 2023, unchanged from December 31, 2022[7]. - The company is actively seeking legal advice regarding the recovery of outstanding debts from a borrower, with a court ruling in its favor for a repayment of approximately HKD 27 million[10]. - The company has reduced its investment scale in factoring and re-factoring businesses to mitigate operational risks in a volatile economic environment[7]. - The company plans to continue focusing resources on shorter-term, lower-risk financing options in response to the challenging market conditions[7]. - The total amount of receivables pledged as collateral across various agreements amounts to approximately RMB 65.5 million (about HKD 70.7 million)[21]. Cash Flow and Assets - As of June 30, 2023, the group held cash and bank balances of approximately HKD 95 million, down from approximately HKD 147.3 million as of December 31, 2022[49]. - The current ratio as of June 30, 2023, was approximately 11.0, compared to 11.5 as of December 31, 2022[49]. - The group had no capital debt ratio as of June 30, 2023, and maintained a net cash level sufficient to meet operational funding requirements[51]. - The total cash and cash equivalents as of June 30, 2023, amounted to HKD 95,048 thousand, up from HKD 63,140 thousand at the end of June 2022[80]. - The total equity attributable to owners of the company decreased to HKD 729,032 thousand as of June 30, 2023, from HKD 764,019 thousand at the beginning of the year, reflecting a decline in retained earnings[78]. Corporate Governance - The company maintained compliance with corporate governance codes and has established an audit committee consisting of three independent non-executive directors[66][70]. - The company has reviewed its corporate governance practices to ensure adherence to the latest developments in corporate governance[67]. - There were no reported breaches of the standard code of conduct by employees during the six months ended June 30, 2023[68]. Market Outlook and Strategy - The company anticipates a stable economic recovery in China, with expectations for continued positive performance in the second half of 2023[34]. - The company plans to enhance market research and analysis for its Dongkui business, aiming to increase customer diversity and explore new business models[35]. - The Shanghai government has issued policies to strengthen investment promotion, encouraging various capital inflows, which will provide broader development space for loan financing businesses[36]. - The Shanghai government has introduced measures to support the growth of small and micro enterprises, which will enhance the demand for factoring services[39]. - The group aims to enhance risk management in its factoring business and explore new business models to meet diverse financial needs[39]. Employee and Operational Metrics - The group employs 30 full-time staff as of June 30, 2023, maintaining a compensation structure based on market practices and individual performance[48]. - The company incurred employee costs of HKD 4,220,000 for the six months ended June 30, 2023, compared to HKD 3,881,000 in the same period of 2022, reflecting an increase of approximately 9%[95]. Shareholder and Capital Structure - Major shareholders held approximately 61.64% of the company's issued shares as of June 30, 2023[61]. - The group did not recommend an interim dividend for the six months ended June 30, 2023, consistent with the previous year[56]. - The group had no borrowings, either current or non-current, as of June 30, 2023[51]. - The total issued and paid-up capital remained at HKD 1,174,378 million for 1,274,039,000 ordinary shares as of June 30, 2023[110].

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，概不會對因本公告全部或任何部分內容而產生或因倚賴該等 內容而引致之任何損失承擔任何責任。 DOYEN INTERNATIONAL HOLDINGS LIMITED 東銀國際控股有限公司 （於香港註冊成立之有限公司） （股份代號：668） 截至2023年6月30日止六個月 中期業績公告 東銀國際控股有限公司（「本公司」）之董事（「董事」）局（「董事局」）謹此宣佈本公司及其附屬公司（統稱 「本集團」）截至2023年6月30日止六個月之未經審核合併業績如下： 簡明合併損益表 截至2023年6月30日止六個月 截至6月30日止六個月 2023年 2022年 附註 千港元 千港元 （未經審核） （未經審核） ...

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之內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 DOYEN INTERNATIONAL HOLDINGS LIMITED 東 銀 國 際 控 股 有 限 公 司 （於香港註冊成立之有限公司） （股份代號：668） 有關截至2022年12月31日止年度之年報的補充公告 茲提述日期為2023年3月22日的東銀國際控股有限公司（「本公司」，連同其附屬公司「本集團」）截至 2022年12月31日止年度之年報（「2022年度報告」）。除另行界定者外，本公告中所用詞彙應具有2022 年度報告所界定之相同涵義。 除2022年度報告所披露的資料外，本公司謹此向股東及有意投資者提供如下補充資料： 東葵業務 於報告期間，本集團與14名借款人訂立短期貸款及保理╱再保理協議。 ...