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 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 Chaowei Power Holdings Limited 超威動力控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：951） 截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度 全 年 業 績 公 告 財 務 摘 要 全 年 業 績 超 威 動 力 控 股 有 限 公 司（「本 公 司」）董 事（「董 事」或 各 自 為 一 名「董 事」）會 （「董 事 會」）欣 然 公 佈，本 公 司 及 其 附 屬 公 司（統 稱「本 集 團」）截 至 二 零 二 四 年 十 二 月 三 十 一 日 止 年 度（「本 年 度」）經 審 核 財 務 業 績 及 財 務 狀 況，連 同 截 至 二 零 二 三 ...

FEEF CHILWEE CHAOWEI POWER HOLDINGS LIMITED 超 威 動 力 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 00951 RIM REPO Contents 目錄 2 Corporate Information 公司資料 4 Management Discussion & Analysis 管理層討論及分析 18 Directors' Report 董事會報告 28 Report on Review of Interim Condensed Consolidated Financial Statements 中期簡明綜合財務報表審閱報告 30 Interim Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 中期簡明綜合損益及其他全面收益表 31 Interim Condensed Consol ...

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 倚 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 Chaowei Power Holdings Limited 超威動力控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：951） 截 至 二 零 二 四 年 六 月 三 十 日 止 六 個 月 中 期 業 績 公 告 | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | | ...

本 年 度，在 中 華 人 民 共 和 國（「中 國」）電 商 及 物 流 行 業 迅 速 發 展 的 背 景 下， 電 動 自 行 車 及 電 動 三 輪 車 在 多 場 景 下 的 升 級 替 換 需 求 增 加，使 本 集 團 業 務 保 持 平 穩 發 展。隨 著 中 國 政 府 要 求 的《電 動 自 行 車 安 全 技 術 規 範》（簡 稱「新 國 標」）在 全 國 各 省 市 陸 續 落 地，加 上 針 對 電 動 自 行 車 及 電 動 三 輪 車 的 各 項 政 策 及 法 規 先 後 推 出，行 業 得 到 進 一 步 整 合。在 多 項 新 規 下，國 內 電 動 自 行 車 規 格 壁 壘 加 高，有 利 生 產 高 品 質、高 比 能 量 的 電 動 自 行 車 鉛 酸 動 力 電 池 領 先 企 業 的 發 展。 中 國 是 全 球 最 大 的 電 動 自 行 車 生 產、消 費 和 出 口 國。據 市 場 統 計，二 零 二 三 年 底 中 國 電 動 自 行 車 保 有 量 突 破4億 台，超 過 汽 車 的3.1億 台，是 中 國 數 量 最 多 的 交 通 工 具。根 據 ...

Employee Information - As of June 30, 2023, the Group employed a total of 17,973 staff members, an increase of 12.2% from 16,025 staff members on June 30, 2022[2] - The total employee cost for the period was approximately RMB 751,919,000, representing an increase of 3.3% compared to approximately RMB 727,389,000 in the corresponding period of 2022[2] - The Group continues to enhance staff training and professional standards, focusing on management and technical personnel[2] - The Group aims to provide competitive salary packages to encourage employee dedication and service quality[2] Shareholding Information - The interests of Mr. Zhou Mingming and Ms. Fang Jianjun in the shares of the Company are both 422,887,000 shares, accounting for approximately 38.30% of the total shareholding[12] - Mr. Zhou Longrui and Ms. Yang Yunfei each hold 62,100,000 shares, representing approximately 5.62% of the total shareholding[12] - Mr. Yang Xinxin holds 20,000,000 shares, which is approximately 1.81% of the total shareholding[12] - Mr. Zhou holds a total of 422,887,000 shares, representing approximately 38.30% of the company's shareholding[25] - Great State, beneficially owned by Mr. Zhou, holds 248,407,500 shares, accounting for 22.50% of the total[25] - Ms. Fang Jianjun, also holding 422,887,000 shares, has a shareholding percentage of 38.30%[25] - Bai Xiang, beneficially owned by Ms. Fang, holds 111,637,000 shares, which is 10.11% of the total[25] - Mr. Zhou Longrui has an interest in 62,100,000 shares, representing 5.62% of the company's shareholding[25] - High Joy, beneficially owned by Mr. Zhou Longrui, holds 25,875,000 shares, accounting for 2.34%[25] - Tianneng International has an interest in 111,680,000 shares, which is 10.11% of the total[25] - Ms. Yang Yunfei holds 62,100,000 shares, representing 5.62% of the company's shareholding[25] - Shiny Century, beneficially owned by Ms. Yang, holds 36,225,000 shares, accounting for 3.28%[25] - Mr. Zhou directly holds 3,900,000 shares[28] Share Option Schemes - No share options under the 2010 Share Option Scheme were vested or exercised during the period, and 29,500,000 share options were cancelled[43] - As of June 30, 2023, no share options granted under the 2010 Share Option Scheme remained outstanding[43] - The estimated fair value of the share options under the 2010 Share Option Scheme was HK$121,403,000[51] - The estimated fair values of options granted to Directors on specific dates were HK$5,266,000, HK$2,981,000, and HK$1,266,000 respectively[51] - The estimated fair values of options granted to eligible employees on specific dates were HK$43,636,000, HK$35,769,000, and HK$32,485,000 respectively[51] - The exercise price per share for the options granted on March 25, 2019, was HK$3.09[46] - The closing prices of the Shares on the dates immediately before the share options were granted were HK$4.32, HK$3.04, and HK$3.09 respectively[50] - The share options granted shall vest according to a specific timetable, with 10% vesting on March 25, 2019, 20% on March 25, 2020, and 70% on March 25, 2021[48] - The share options' exercise is conditional upon achieving certain performance targets as outlined in the offer letters[48] - The 2010 Share Option Scheme had a term of 10 years and expired on July 6, 2020[42] - The maximum number of Shares that may be issued under the 2023 Share Option Scheme is capped at 110,412,697 Shares, representing approximately 10% of the total issued share capital as of June 6, 2023[55] - The 2023 Share Option Scheme allows for the issuance of options to eligible participants, including directors and employees, as well as service providers, to incentivize contributions to the Group[58] - The Service Provider Limit under the 2023 Share Option Scheme is set at 22,082,539 Shares, which is approximately 2% of the total issued share capital as of the Adoption Date[61] - The expected volatility for the share options is noted at 47.5%[54] - The risk-free interest rate applicable to the share options is 1.84%[54] - The dividend yield for the shares is reported at 1.8%[54] - The 2020 Share Option Scheme was terminated upon the adoption of the 2023 Share Option Scheme, which is valid for 10 years until June 9, 2030[58] - The 2023 Share Option Scheme was approved by shareholders on June 6, 2023, to comply with new requirements of the Listing Rules[58] - The expected life of the options granted under the schemes is 8 years[54] - The exercise price for the options under the 2023 Share Option Scheme is set at HKD4.332[54] - The maximum entitlement for each eligible participant under the 2023 Share Option Scheme is capped at 1% of the relevant class of Shares in issue within a 12-month period[62] - The total number of Shares available for issue under the 2023 Share Option Scheme is 110,412,697, representing approximately 10% of the issued share capital of the Company as of the report date[76] - If any grant of options exceeds 1% of the relevant class of Shares in issue, it requires separate approval from the shareholders[63] - Participants must pay HK$1.0 upon acceptance of the grant within 28 days after the offer date[68] - The exercise price of the options must not be less than the highest of the nominal value, the closing price on the grant date, or the average closing price for the five business days preceding the grant date[68] - The vesting period for options under the 2023 Share Option Scheme is not less than 12 months, unless specified otherwise by the Board[69] - No options have been granted under the 2023 Share Option Scheme since its adoption date up to the report date[76] - The Board may impose performance targets related to the eligible participant's performance or the Company's performance over a period of at least three financial years[70] Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 16,539,103, an increase from RMB 14,826,839 in the same period last year, representing a growth of approximately 11.5%[129] - Gross profit for the period was RMB 1,712,264, compared to RMB 1,567,589 in the previous year, indicating a year-on-year increase of about 9.2%[129] - Profit for the period attributable to owners of the Company was RMB 254,389, down from RMB 301,258, reflecting a decrease of approximately 15.5%[129] - Total comprehensive income for the period was RMB 279,697, compared to RMB 292,314 in the prior year, showing a decline of about 4.3%[129] - Basic and diluted earnings per share for the period were RMB 0.23, down from RMB 0.28 in the previous year[129] - The total depreciation and amortization for the period was RMB 359,980, up from RMB 263,056 in the previous year, marking an increase of approximately 37%[191] - The cost of inventories sold reached RMB 14,366,105, compared to RMB 11,093,552 in the same period of 2022, representing an increase of approximately 29.5%[191] - Current tax expense for the six months ended June 30, 2023, was RMB 113,149, a decrease from RMB 120,198 in 2022, reflecting a decline of about 5.5%[197] - The Group's total loss on disposal of assets for the six months ended 30 June 2022 was RMB 14,874,000, indicating a slight improvement in the current period[11] - The aggregate amount of the final dividend declared in the current period was RMB 67,188,000, reflecting a decrease in shareholder returns compared to the previous year[11] Assets and Liabilities - The total current assets as of 30 June 2023 were RMB 25,638,000, while non-current assets were RMB 50,076,000[120] - Current assets as of June 30, 2023, totaled RMB 14,611,423, an increase from RMB 13,047,364 at the end of 2022, representing a growth of approximately 12%[130] - Inventories increased significantly to RMB 5,298,836 from RMB 3,981,978, marking a rise of about 33%[130] - Net current assets improved to RMB 1,927,227, up from RMB 1,552,276, indicating a growth of approximately 24.2%[132] - Total liabilities as of June 30, 2023, were RMB 8,874,835, compared to RMB 8,483,247 at the end of 2022, reflecting an increase of about 4.6%[132] - The company reported a statutory surplus reserve of RMB 1,236,172,000 as of June 30, 2023, up from RMB 1,136,270,000 at the beginning of the year[135] - The total equity attributable to owners of the company increased to RMB 6,030,460,000 from RMB 5,597,940,000 at the beginning of the year, reflecting a growth of approximately 7.7%[135] Compliance and Governance - The interim financial results have been reviewed by the Company's auditors, Ernst & Young, and the Audit Committee[7] - The Company has established an Audit Committee comprising three independent non-executive Directors to oversee financial reporting and risk management[93] - The Company has confirmed compliance with the required standards of conduct regarding securities transactions by all Directors during the period[85] - The external auditors, Ernst & Young, have reviewed the interim condensed consolidated financial statements and found no significant issues[102] - The Company is responsible for preparing interim financial statements in accordance with International Accounting Standard 34[96] - The Company has complied with all code provisions of the Corporate Governance Code throughout the period, except for specific deviations noted[79] Taxation and Accounting - The income tax rate for subsidiaries established in the PRC was 25% for the period, consistent with the previous year[106] - The Company had no assessable profits during the period for subsidiaries incorporated in the BVI, Germany, Hong Kong, and other countries[106] - The financial statements for the six months ended June 30, 2023, were prepared in accordance with International Accounting Standard 34, indicating compliance with international financial reporting standards[148] - The Group has applied amendments to IFRSs for the first time, including IFRS 17 related to insurance contracts, effective from January 1, 2023[153] - The Group's accounting policies remain consistent with those presented in the annual financial statements for the year ended December 31, 2022[148] - The Group is currently revisiting accounting policy disclosures to ensure alignment with recent amendments to IFRS[153] Revenue Sources - Lead-acid motive batteries generated RMB 9,223,091,000 in revenue, up from RMB 7,505,654,000, reflecting a 22.9% growth year-over-year[163] - Revenue from renewable materials increased significantly to RMB 3,470,460,000, a 63.4% rise compared to RMB 2,124,513,000 in the previous year[163] - Other income for the period totaled RMB 157,152,000, down 38.9% from RMB 257,436,000 in the same period of 2022[177] - Government grants related to income amounted to RMB 68,106,000, a decrease from RMB 154,010,000 in the previous year[177] - The Group's production plan incorporates seasonality, with higher battery sales expected in the second half of the financial year due to increased market demand[170] - No single customer contributed over 10% of the total revenue, indicating a diversified customer base[170] - The Group's non-current assets are primarily located in the PRC, where most external revenues are generated[174] - The amendments to IFRS effective from January 1, 2023, are not expected to have a significant impact on the Group's financial statements[158] Cash Flow and Investments - Cash and cash equivalents at the end of the period were RMB 2,505,979,000, a decrease from RMB 2,744,398,000 at the end of June 2022[141] - Borrowings raised during the period totaled RMB 2,509,434,000, an increase from RMB 2,356,992,000 in the same period last year[141] - Net cash used in investing activities was RMB 341,064,000, compared to RMB 582,847,000 in the previous year, showing a reduction of approximately 41.5%[139] - The cash paid for the purchase of property, plant, and equipment was RMB 403,941,000, a decrease from RMB 488,853,000 in the previous year, indicating a reduction of approximately 17.4%[139] - The Group capitalized borrowing costs during the period amounting to RMB 199,648, slightly up from RMB 172,914 in the previous year[185]

中 期 業 績 Chaowei Power Holdings Limited 超威動力控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：951） – 1 – | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------|-------|-----------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------| | | 附 註 | 二 零 二 三 年 \n六 月 三 十 日 十 人 民 幣 千 元 （未 經 審 核） | 二 零 二 二 年 \n二 月 三 十 一 日 人 民 幣 千 元 ...

TECHNOLOGY Innovative Product DEVELOPMENT Leading Industry 革 新產品技術 領 導行業發展 LEADING PLAYER 1 IN CHINA DIVER ...

本 集 團 並 無 於 該 等 財 務 報 表 採 納 以 下 已 頒 佈 但 尚 未 生 效 的 新 訂 及 經 修 訂 國 際 財 務 報 告 準 則。 – 8 – – 9 – – 10 – | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------|------------------------|------------------------| | | 二 零 二 二 年 | 二 零 二 一 年 | | | 人 民 幣 千 元 | 人 民 幣 千 元 | | 除 稅 前 利 潤 | 818,077 | 784,617 | | | | | | 按 中 國 法 定 所 得 稅 稅 率 25% 計 算 的 稅 項 | 204,519 | 196,154 | | 向 附 屬 公 司 授 出 的 研 發 開 支 所 得 稅 扣 減 的 稅 務 影 響 | (120,687) | (156,800) | | 不 ...

托同 CHILWEE ® CHAOWEI POWER HOLDINGS LIMITED 超 威 動 力 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 00951 4 INTERIM REPORT Bo 中期報告 | --- | --- | --- | --- | --- | |-------|-------|-------|-------------------------------------------------------------------------------------------|-----------------------------------| | | | | | | | | 2 | | Corporate Information | 公司资料 | | | 4 | | Management Discussion & Analysis | 管理層討論及分析 | | | | 14 | Directors' Report ...

TI its F B CHILWEE CHAOWEI POWER HOLDINGS LIMITED 超 威 動 力 控 股 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 00951 ANNUAL REPORT 能量同 超厨 COMPANY PROFILE 公司簡介 Chaowei Power Holdings Limited (the "Company" together with its subsidiaries, the "Group") is principally engaged in the manufacturing and sales of lead-acid motive batteries, lithium-ion batteries and other related products. These batteries are widely used in electric bikes, electric tricycles and ...