Overview - The report provides insights into the development prospects and strategic recommendations for China's Smart Energy Management System (SEMS) industry from 2025 to 2031 [1][3]. Chapter Summaries Chapter 1: Overview of Smart Energy Management System (SEMS) - Defines SEMS and outlines its regulatory framework, including industry authorities and self-regulatory organizations in China [3][4]. - Discusses international and Chinese standards related to SEMS [4]. Chapter 2: Current Status of SEMS and Energy Digital Transformation - Analyzes the current state of energy production, supply, and consumption in China, highlighting industry pain points [4][5]. - Emphasizes the necessity of energy digital transformation and the role of smart grids and energy internet in this process [5][6]. Chapter 3: Global Development of SEMS - Reviews the global energy industry's current status and the necessity for smart energy development, including environmental concerns and traditional grid limitations [5][6]. - Discusses the historical development and strategic pathways of global smart energy systems [6][7]. - Provides an overview of the SEMS market size and regional development patterns [6][7]. Chapter 4: Current Status and Challenges of SEMS in China - Details the development history and market participants in China's SEMS sector, including the number of enterprises and their capital distribution [7][8]. - Analyzes the competitive landscape and market scale of SEMS in China [8][9]. Chapter 5: Key Technologies and Emerging Applications - Outlines the technological roadmap for SEMS, including core technologies and the integration of emerging technologies like edge computing and big data [8][9]. - Discusses R&D investments and outputs in the SEMS sector [9][10]. Chapter 6: SEMS Architecture and System Design - Describes the construction goals and basic architecture of SEMS, including its software and application architecture [10][11]. Chapter 7: Application Scenarios and Effects of SEMS - Identifies various application scenarios for SEMS, including smart parks and factories, and assesses their market potential [11][12]. Chapter 8: Case Studies of SEMS Enterprises - Compares global and Chinese SEMS enterprises, analyzing their market demand and application status [12][13]. Chapter 9: Policy Environment and Development Potential - Summarizes national and provincial policies affecting SEMS development and evaluates the potential for growth in the sector [20][21]. Chapter 10: Market Outlook and Development Trends - Predicts future growth points and trends in the SEMS market, emphasizing market scale expansion and technological innovation [21][22]. Chapter 11: Investment Strategies and Recommendations - Discusses barriers to entry and exit in the SEMS market, along with investment opportunities and strategies for sustainable development [22][23].

Core Viewpoint - Zhejiang Jiayi Thermal Insulation Technology Co., Ltd. (Jiayi Co., stock code: 301004.SZ) reported a significant increase in revenue and net profit for the year 2024, indicating strong business performance and shareholder returns [2][6]. Financial Performance - The company achieved an operating income of 2.836 billion yuan, representing a year-on-year growth of 59.76% [2]. - The net profit attributable to shareholders was 733 million yuan, with a year-on-year increase of 55.27% [2]. - The cash dividend proposed is 30 yuan per 10 shares, totaling 312 million yuan, reflecting a cash dividend rate exceeding 40% [5][6]. Market Performance - On the day of the report, Jiayi Co.'s stock opened at 106.38 yuan per share, fluctuated, and closed at 104.50 yuan, marking a 3.58% increase [2][3]. Dividend and Capital Increase Plan - The company plans to increase its registered capital from 104 million yuan to 145 million yuan by converting capital reserves into shares, with a proposed increase of 41.55 million shares [5][6]. Product and Sales Performance - Revenue from stainless steel container products reached 2.682 billion yuan, accounting for 94.56% of total revenue, with a year-on-year growth of 57.64% [6]. - Overseas sales accounted for 94.85% of total revenue, amounting to 2.690 billion yuan, with a year-on-year growth of 59.39% [7]. - Domestic sales reached 146 million yuan, showing a year-on-year increase of 66.96% [7]. Strategic Insights - The company emphasizes strong R&D capabilities and product quality, continuously launching innovative products to meet diverse consumer needs, which aids in competitive positioning [7].

Financial Performance - Revenue for the six months ended June 30, 2023, was HKD 97,455,000, a decrease of 4.4% compared to HKD 102,523,000 in the same period of 2022[7] - Gross profit increased to HKD 42,988,000, up 4.6% from HKD 41,094,000 year-on-year[7] - The net loss for the period was HKD 90,599,000, compared to a net loss of HKD 48,397,000 in the previous year, representing an increase in loss of 87.3%[7] - Basic and diluted loss per share was HKD 0.97, compared to HKD 0.50 in the same period last year[8] - For the six months ended June 30, 2023, the total revenue from external customers was HKD 96,893,000, a decrease of 5.9% compared to HKD 102,523,000 for the same period in 2022[26] - The company reported a total loss for the period of HKD 90,599,000, compared to a loss of HKD 48,397,000 in the previous year, indicating a significant increase in losses[35] - The reported segment performance for clean energy was HKD 35,523,000, down from HKD 41,385,000 in the prior year, reflecting a decline of 14.0%[23] - The company incurred an impairment loss on refundable deposits of HKD 48,490,000 during the period, which was not present in the previous year[28] - The company reported a total of HKD 562,000 in dividend income for the period, compared to no dividend income in the same period last year[28] Assets and Liabilities - Total assets as of June 30, 2023, were HKD 2,052,175,000, a slight decrease from HKD 2,153,787,000 at the end of 2022[10] - Current liabilities amounted to HKD 2,264,965,000, compared to HKD 2,276,711,000 at the end of 2022, indicating a marginal decrease[10] - The total liabilities increased to HKD 2,371,357,000 as of June 30, 2023, compared to HKD 2,395,484,000 at the end of 2022, showing a slight decrease[24] - Total liabilities exceeded current assets by approximately HKD 1.3 billion as of June 30, 2023[18] - The company’s total borrowings amounted to approximately HKD 1.29 billion, with cash and cash equivalents at HKD 115.0 million[18] - The cash and cash equivalents decreased from HKD 157.3 million at the beginning of the period to HKD 115.0 million at the end of the period[15] - The total equity attributable to owners decreased to approximately HKD (319.2) million as of June 30, 2023, from HKD (197.7) million in the previous year[13] Cash Flow and Financing - Cash flow from operating activities was negative at HKD 36.8 million for the first half of 2023, a decline from a positive cash flow of HKD 6.3 million in the prior year[15] - The company is actively managing its financing costs, which were HKD 65,730,000 for the period, down from HKD 68,238,000 in the previous year[7] - The company plans to extend the maturity dates of debts due within the next 12 months and is seeking additional financing options[18] - The company is actively working on selling several solar power plants to alleviate cash flow pressure[18] - The company has implemented measures to restructure its financial obligations and improve its financial position[18] - The company continues to seek refinancing opportunities to enhance growth and reduce financing costs[71] Shareholder Information - The company did not declare an interim dividend for the period[7] - The company has not purchased, sold, or redeemed any of its shares during the six months ended June 30, 2023[45] - The total number of shares that can be issued under the new share option plan is 594,491,440, representing 6.3% of the issued share capital as of June 30, 2023[49] - The company has not granted any share options under the new plan during the six months ended June 30, 2023[49] - As of June 30, 2023, Gorgeous Investment holds 4,092,084,312 shares, representing approximately 43.65% of the issued shares[95] - Shandong High-Speed Investment Fund owns 831,000,000 shares, accounting for 8.86% of the issued shares[95] - The total shareholding of the top shareholder group, including Gorgeous Investment and its affiliates, is 4,092,084,312 shares, which is 43.65% of the total issued shares[95] Corporate Governance and Compliance - The audit committee has reviewed the unaudited condensed interim consolidated financial statements for the six months ended June 30, 2023, ensuring compliance with accounting principles and internal controls[109] - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange, confirming adherence to all applicable provisions for the six months ended June 30, 2023[108] - All directors have complied with the standard code of conduct for securities transactions during the six months ended June 30, 2023[107] - The board consists of three executive directors and three independent non-executive directors as of the report date[113] Legal and Regulatory Matters - The company is currently facing legal claims related to various disputes, with potential liabilities estimated at approximately RMB 44,642,000 (around HKD 48,133,000)[89] - The company has not implemented any foreign currency forward contracts to hedge against foreign exchange risks but is considering necessary policies to mitigate future risks[81] - The company has not conducted any equity fundraising activities during the reporting period[79] Employee Information - The company employed approximately 20 employees as of June 30, 2023, a decrease from 21 employees at the end of 2022[82]

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。 CHINA SMARTER ENERGY GROUP HOLDINGS LIMITED 中國智慧能源集團控股有限公司 * （於百慕達註冊成立之有限公司） （股份代號：1004） 截至二零二三年六月三十日止六個月之 未經審核中期業績 中國智慧能源集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣 佈本公司及其附屬公司（統稱為「本集團」）截至二零二三年六月三十日止六個月 之簡明綜合財務業績，連同同期之比較數字。該等簡明綜合財務報表未經審核，惟 已由本公司審核委員會（「審核委員會」）審閱。 1 簡明綜合損益及其他全面收益表 截至二零二三年六月三十日止六個月 （未經審核） | --- | --- | |-------|------------| | | 二零二二年 | | 附註 | 千港元 | 收入 4 97,455 102,523 銷售成本 (54,467) (61,429) 毛利 42,98 ...

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。 CHINA SMARTER ENERGY GROUP HOLDINGS LIMITED 中國智慧能源集團控股有限公司 * （於百慕達註冊成立之有限公司） （股份代號：1004） 有關截至二零二二年十二月三十一日止年度之年報 之補充公告 本公告乃由中國智慧能源集團控股有限公司（「本公司」，連同其附屬公司統稱為「本 集團」）刊發。茲提述本集團截至二零二二年十二月三十一日止年度之年報（「二零 二二年年報」）。除另有界定者外，本公告所使用詞彙與二零二二年年報所界定者 具有相同涵義。 本公司謹此對二零二二年年報所載資料進行補充，內容有關核數師關於以下範圍 限制的修改意見：(a)按公允價值計入其他全面收益的金融資產的估值（「按公允價 值計入其他全面收益計量之估值」）及(b) 可退回按金預期信貸虧損（「預期信貸虧 損」）估計，載列如下： 有關預期信貸虧損的審核修訂 按金乃基於香港財務報告準則第13號－公允價值計量進行估 ...

Renewable Energy Development - China aims to achieve carbon neutrality by 2060, with non-fossil energy consumption increasing from 15.9% in 2020 to 20% by 2025 and 25% by 2030[9]. - By the end of 2022, China's installed capacity for photovoltaic power reached 392.61 GW and wind power reached 365.44 GW, with a target of over 1,200 GW by 2030[9]. - The company is committed to seizing historical opportunities presented by China's green development policies to expand its renewable energy business[10]. - The company plans to expand its business into energy storage and integrated energy services, capitalizing on the growth potential in these areas[10]. - The Chinese government encourages the installation of energy storage facilities alongside new wind and solar power projects, with requirements ranging from 5% to 20%[10]. - The company aims to enhance energy system efficiency and modernize supply chains through integrated energy services[10]. - The group aims to expand its solar power business and explore further growth opportunities in the renewable energy sector[29]. Financial Performance - For the fiscal year ending December 31, 2022, the total revenue from clean energy operations was approximately HKD 195,910,000, compared to HKD 195,574,000 in the previous year, reflecting a slight increase[24]. - The total electricity sold for the fiscal year was approximately 219,244,000 kWh, compared to 206,519,000 kWh in the previous year, indicating an increase in overall sales volume[24]. - The company recorded a classified profit of approximately HKD 69,852,000 for the fiscal year, compared to HKD 41,018,000 in the previous year, primarily due to a decrease in impairment losses on property, plant, and equipment[24]. - The group reported a net loss of approximately HKD 95,445,000 for the year[146]. - The total revenue for the group was approximately 195,910,000 HKD, a decrease of 3.4% from the previous year's revenue of approximately 203,280,000 HKD[39]. - The company reported a net loss of approximately HKD 95.4 million for the fiscal year 2022, but generated positive operating cash flow of HKD 106.5 million[60]. - The company has not reported any revenue from securities trading or investment activities for the fiscal year, compared to approximately HKD 5,616,000 and HKD 2,090,000 in the previous year, respectively[25]. Corporate Governance - The company has adopted the corporate governance code as per the Hong Kong Stock Exchange's listing rules and has complied with all applicable provisions during the year[69]. - The board of directors consists of six members, including three executive directors and three independent non-executive directors, ensuring a balanced structure for effective leadership[76]. - The company has established a nomination committee to identify suitable candidates for board membership and to review board diversity policies[98]. - The board aims to maintain gender diversity and avoid a single-gender board composition, with ongoing efforts to enhance diversity[106]. - The audit committee held five meetings during the year and reviewed the group's audited annual and interim results, ensuring compliance with applicable accounting standards and regulations[116]. - The company provided appropriate liability insurance for directors and senior executives against potential legal actions[86]. - The company emphasizes ongoing professional development for all directors to enhance their knowledge and skills[82]. Risk Management and Compliance - The company has established a risk management framework to effectively manage significant risks[136]. - The board is responsible for overseeing the effectiveness of the group's environmental, social, and governance strategies[148]. - The company has engaged an external legal advisor to monitor compliance with applicable laws and regulations[140]. - The internal audit department evaluates the effectiveness of the risk management and internal control systems[137]. - The company has implemented procedures for handling and disclosing inside information[138]. - The company has engaged external consultants to enhance the objectivity and transparency of risk assessments[137]. Environmental Impact - The total greenhouse gas emissions for the year ended December 31, 2022, were 1,403 tons, a decrease from 1,793 tons in 2021 and 2,897 tons in 2020[162][163]. - The company generated 219,244 MWh of electricity in 2022, compared to 206,519 MWh in 2021 and 332,990 MWh in 2020[165]. - The reduction in carbon dioxide emissions amounted to 218,587 tons in 2022, up from 205,900 tons in 2021 and 332,008 tons in 2020[165]. - The company is committed to complying with all relevant environmental laws and regulations[169]. - The company plans to use high-pressure water guns to clean solar panels to further conserve water[171]. - The company has implemented measures to minimize, reuse, and recycle waste before final disposal[166]. - The group aims to enhance environmental awareness and the use of renewable energy sources, particularly solar energy, to reduce reliance on coal-fired power generation[177]. Employee and Labor Practices - The employee count as of December 31, 2022, was 21, down from 33 in 2021, with 100% being full-time employees[181]. - The employee turnover rate for males was 40% and for females was 22% in 2022[182]. - The group strictly adheres to labor laws and has no reported violations related to child labor or forced labor during the reporting period[191]. - The group reported a training employee ratio of 76% in 2022, with a total training hours of 188 hours[186]. - The average training hours per employee by gender were 14 hours for males and 6 hours for females, while by employee category, senior management received an average of 6 hours, middle management 8 hours, and other employees 15 hours[187]. Community Engagement and Social Responsibility - The company actively responds to government initiatives by developing distributed solar power stations on unused or abandoned land, contributing to local economic development[200]. - The solar power projects aim to maximize land use efficiency and improve agricultural income while creating local job opportunities[200]. - The group emphasizes the importance of stakeholder engagement and communication regarding environmental, social, and governance issues[156].

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。 CHINA SMARTER ENERGY GROUP HOLDINGS LIMITED 中國智慧能源集團控股有限公司 * （於百慕達註冊成立之有限公司） （股份代號：1004） 截至二零二二年十二月三十一日止年度之 全年業績公告 中國智慧能源集團控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司 及其附屬公司（下文統稱為「本集團」）截至二零二二年十二月三十一日止年度之 經審核綜合業績，連同先前年度之同期比較數字如下： * 僅供識別 1 綜合損益表 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 千港元 千港元 持續業務 收入 3 195,910 203,280 銷售成本 (112,635) (118,982) 毛利 83,275 84,298 | --- | --- | --- | |--------------------------|----------|--------- ...

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。 CHINA SMARTER ENERGY GROUP HOLDINGS LIMITED 中國智慧能源集團控股有限公司 * （於百慕達註冊成立之有限公司） （股份代號：1004） 截至二零二二年十二月三十一日止年度之 全年業績公告 中國智慧能源集團控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司 及其附屬公司（下文統稱為「本集團」）截至二零二二年十二月三十一日止年度之 經審核綜合業績，連同先前年度之同期比較數字如下： * 僅供識別 1 綜合損益表 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 千港元 千港元 持續業務 收入 3 195,910 203,280 銷售成本 (112,635) (118,982) 毛利 83,275 84,298 | --- | --- | --- | |--------------------------|----------|--------- ...

Financial Performance - For the six months ended June 30, 2022, the company reported a revenue of HKD 102,523,000, an increase of 6.5% compared to HKD 96,494,000 in the same period of 2021[20] - The gross profit for the same period was HKD 41,094,000, representing a significant increase of 38.5% from HKD 29,728,000 in 2021[20] - The company incurred a loss of HKD 48,397,000 for the period, an improvement from a loss of HKD 124,000,000 in the previous year[20] - The loss attributable to owners of the company from continuing operations was HKD 47,321,000, compared to HKD 64,258,000 in the prior year, indicating a reduction of 26.4%[23] - The total comprehensive loss for the period was HKD 41,067,000, a decrease from HKD 98,412,000 in the same period last year[26] - The company reported other income of HKD 1,302,000, slightly down from HKD 1,603,000 in the previous year[20] - The company’s financing costs for the period were HKD 20,397,000, down from HKD 68,238,000 in the previous year, showing a significant reduction in financial burden[20] - The group reported a net loss of approximately HKD 48,397,000 for the six months ended June 30, 2022[39] - The group reported a pre-tax loss of HKD 47,321 million, a significant improvement from a loss of HKD 125,277 million in the previous year[64] Dividends and Shareholder Returns - The company did not declare an interim dividend for the period[24] - The company did not recommend any interim dividend for the six months ended June 30, 2022, consistent with the previous year[63] - The board of directors does not recommend the payment of an interim dividend for the six months ended June 30, 2022, consistent with the previous year where no dividend was paid[197] Assets and Liabilities - As of June 30, 2022, non-current assets totaled HKD 1,271,861 thousand, a decrease of 8.1% from HKD 1,384,251 thousand as of December 31, 2021[28] - Current assets increased to HKD 952,086 thousand, up 6.7% from HKD 892,586 thousand in the previous year[28] - Total liabilities amounted to HKD 2,290,898 thousand, slightly down from HKD 2,294,266 thousand as of December 31, 2021[28] - Total assets reported as of June 30, 2022, were HKD 2,223,947,000, while total liabilities were HKD 2,421,622,000[50] - Total borrowings amounted to approximately HKD 1,394,575,000, with cash and cash equivalents only around HKD 87,219,000[39] Cash Flow - The net cash flow from operating activities for the six months ended June 30, 2022, was HKD 6,324 thousand, a significant decline of 89.8% compared to HKD 62,321 thousand for the same period in 2021[36] - The company reported a net cash increase of HKD 6,291 thousand for the period, compared to HKD 14,887 thousand in the previous year[36] - The company’s investment activities generated a net cash flow of HKD 23 thousand, a drastic decrease from HKD 360,765 thousand in the same period last year[36] - The company’s financing activities resulted in a net cash outflow of HKD 56 thousand, compared to HKD 408,199 thousand in the previous year[36] Operational Strategy - The company aims to continue its market expansion and product development strategies in the upcoming periods[19] - The company aims to accelerate the development and investment of its main business, focusing on project mergers and acquisitions, and improving asset management capabilities[143] - The group is actively negotiating with lenders to extend the maturity dates of debts due within the next 12 months[39] - The group aims to sell several solar power plants to alleviate liquidity pressure and improve financial conditions[39] - The group has been striving to secure additional potential financing to support operations[39] Corporate Governance - The company has established a remuneration committee to recommend policies regarding the overall remuneration of directors and management, consisting of three independent non-executive directors[193] - The audit committee has reviewed the accounting principles adopted by the group and discussed matters related to auditing, internal control, and financial reporting for the six months ended June 30, 2022[194] - The nomination committee has evaluated the structure and composition of the board and recommended qualified candidates for board membership, consisting of one executive director and three independent non-executive directors[195] - The board of directors includes three executive directors and three independent non-executive directors as of the report date[199] - The company has complied with all applicable provisions of the corporate governance code, except for the aforementioned delays in financial reporting[1] Shareholding Structure - Gorgeous Investment holds 4,092,084,312 shares, representing 43.65% of the issued shares[163] - Shandong Hi-Speed Investment Fund holds 831,000,000 shares, accounting for 8.86% of the issued shares[163] - The total shares held by major shareholders include 4,363,014,000 shares, which is 46.54% of the total issued capital[169] - The report indicates a concentration of ownership among a few major shareholders, with the top four holding over 43% of the shares[163] - The ownership structure may influence future strategic decisions and market positioning for the company[169] Financial Reporting and Compliance - The company has not timely published the annual financial information for 2021 and the interim financial information for 2022, failing to present the audited financial statements for 2021 at the 2022 annual general meeting[1] - The interim report will be published on the Hong Kong Stock Exchange website and the company's website, with printed copies mailed to shareholders[198] - All directors have confirmed compliance with the standard code of conduct for securities trading during the six months ending June 30, 2022, ensuring governance and ethical standards are upheld[184] Employee and Management Information - The total remuneration for directors and key management personnel for the period was HKD 1,587,000, a decrease of 8.1% from HKD 1,727,000 in the previous year[93] - The company has approximately 33 employees in Hong Kong, Singapore, and China as of June 30, 2022, consistent with the number as of December 31, 2021[150] - The company has appointed a new executive director, Yue Lu, on January 28, 2022, while two executive directors resigned during the same month[188][190]

CHINA SMARTER ENERGY GROUP HOLDINGS LIMITED 中國智慧能源集團控股有限公司 （股份代號 ） （於百慕達註冊成立之有限公司） 2021 目錄 目錄 公司資料 2 主席報告 4 董事及高級管理層履歷 6 管理層討論及分析 8 企業管治報告 20 環境、社會及管治報告 36 董事會報告書 52 獨立核數師報告 64 經審核綜合財務報表 綜合損益及其他全面收益表 67 綜合財務狀況表 69 綜合權益變動表 71 綜合現金流量表 72 綜合財務報表附註 74 五年財務概要 147 1 中國智慧能源集團控股有限公司 二零二一年年報 中國智慧能源集團控股有限公司 二零二一年年報 公司資料 公司資料 董事會 執行董事 陳夏軒先生（董事會主席） （於二零二一年一月十三日獲委任為執行董事及 於二零二一年六月二十五日獲委任為董事會主席） 薄大騰先生 岳璐女士（於二零二二年一月二十八日獲委任） 胡瀚陽先生（於二零二二年一月二十日辭任） 翁小權先生（於二零二二年一月二十七日辭任） 徐化先生（董事會主席及行政總裁） （於二零二一年三月十五日獲委任及 於二零二一年六月二十五日辭任） 張亮先生（董事 ...