Financial Performance - For the six months ended June 30, 2023, the company's revenue was RMB 24,504,930 thousand, a decrease from RMB 24,800,954 thousand for the same period in 2022, representing a decline of approximately 1.2%[3] - The gross profit for the same period in 2023 was RMB 464,229 thousand, down from RMB 700,880 thousand in 2022, indicating a decrease of about 33.7%[3] - Operating profit for the six months ended June 30, 2023, was RMB 137,645 thousand, compared to RMB 300,851 thousand in 2022, reflecting a decline of approximately 54.3%[3] - The net profit attributable to equity holders for the period was RMB 7,323 thousand, significantly lower than RMB 149,114 thousand in the previous year, marking a decrease of around 95.1%[3] - The company's earnings per share (EPS) for the six months ended June 30, 2023, was RMB 0.01, down from RMB 0.12 in the same period of 2022, a decline of 91.7%[3] - The company's net profit for the six months ended June 30, 2023, was approximately RMB 11,600 thousand, down from RMB 158,500 thousand for the same period in 2022, primarily due to a decrease in gross profit[49] - The company reported a comprehensive income of RMB 11.63 million for the period, a significant decrease of 92.7% compared to RMB 158.49 million in the same period last year[93] Accounts and Liabilities - Accounts payable increased to RMB 580,018 thousand as of June 30, 2023, from RMB 429,690 thousand at the end of 2022, representing an increase of approximately 35.0%[2] - The aging analysis of trade payables shows that RMB 599,004 thousand (98.2%) of payables were due within 6 months as of June 30, 2023, compared to RMB 451,200 thousand (96.1%) in the previous year[2] - The debt-to-asset ratio increased to 70.54% as of June 30, 2023, from 65.05% as of December 31, 2022[62] - The total liabilities increased to approximately RMB 10.93 billion, up from RMB 9.27 billion in the previous year[102] - The group's current liabilities exceeded current assets by approximately RMB 317,918 thousand as of June 30, 2023, indicating potential liquidity concerns[108] - As of June 30, 2023, the company recorded a net current liability of approximately RMB 318,000 thousand[151] Revenue and Sales Volume - The stainless steel processing business saw sales volume increase from approximately 865,358 tons for the six months ended June 30, 2022, to approximately 956,613 tons for the same period in 2023, representing a growth of about 10.5%[72] - The carbon steel processing business experienced a sales volume increase from approximately 1,755,596 tons for the six months ended June 30, 2022, to approximately 2,225,500 tons for the same period in 2023, marking a growth of about 26.8%[72] - The total processing volume for stainless steel rose from approximately 1,379,928 tons in the first half of 2022 to approximately 1,547,745 tons in the first half of 2023, an increase of about 12.2%[72] - The total processing volume for carbon steel increased from approximately 1,924,192 tons in the first half of 2022 to approximately 2,333,674 tons in the first half of 2023, reflecting a growth of about 21.3%[72] - Revenue for the six months ended June 30, 2023, was approximately RMB 24.55 billion, slightly down by about 1.2% from approximately RMB 24.81 billion for the same period in 2022[72] Corporate Governance and Strategy - The company has adhered to the corporate governance code as per the Hong Kong Stock Exchange regulations[51] - The company aims to maintain high standards of corporate governance to enhance shareholder value and protect the interests of shareholders and other stakeholders[76] - The company is committed to providing low-cost, fast delivery, and high-quality materials and manufacturing services to downstream customers[82] - The company aims to enhance profitability through improved customer service, operational efficiency, and technological innovation[84] - Significant investments in advanced processing equipment and technology have been made to boost manufacturing capabilities and product premium[84] - The company is expanding production capacity in key regions to strengthen regional competitive advantages[84] Cash Flow and Financial Management - Operating cash flow for the six months ended June 30, 2023, was RMB (392,600) thousand, compared to RMB (197,148) thousand for the same period in 2022, indicating a significant increase in cash outflow[107] - Net cash used in operating activities was RMB (555,773) thousand for the six months ended June 30, 2023, compared to RMB (412,724) thousand in the previous year, reflecting a worsening cash position[107] - Total financing cash flow net amount was RMB 768,642 thousand for the six months ended June 30, 2023, down from RMB 816,284 thousand in the same period of 2022[107] - The cost of financing increased to RMB 151,615 thousand for the six months ended June 30, 2023, compared to RMB 108,170 thousand in the same period of 2022, reflecting higher interest expenses[131] - Interest income increased to RMB (32,304) thousand for the six months ended June 30, 2023, compared to RMB (26,655) thousand in the previous year, indicating improved financial management[131] Inventory and Employee Expenses - Inventory changes showed a positive shift with a change of RMB 60,003 thousand for the six months ended June 30, 2023, compared to a negative change of RMB (222,911) thousand in the previous year[130] - The company reported a decrease in employee benefits expenses, which totaled RMB 479,615 thousand for the six months ended June 30, 2023, down from RMB 528,828 thousand in the same period of 2022[130] Shareholder Returns - The company does not recommend any interim dividend for the six months ended June 30, 2023, consistent with the previous year[23] - The company did not recommend the distribution of an interim dividend for the six months ended June 30, 2023[64] - The weighted average number of ordinary shares issued remained constant at 1,274,528 thousand shares for both 2023 and 2022[145] - The diluted earnings per share for the six months ended June 30, 2023, was RMB 0.01, down from RMB 0.12 in 2022, indicating a decrease of 91.7%[145]

Sales and Processing Volume - The annual sales volume of the carbon steel processing business increased from approximately 3,123,000 tons for the year ended December 31, 2021, to approximately 3,993,000 tons for the year ended December 31, 2022, representing a growth of approximately 27.9%[5] - The annual processing volume rose from approximately 3,606,000 tons for the year ended December 31, 2021, to approximately 4,230,000 tons for the year ended December 31, 2022, reflecting an increase of approximately 17.3%[5] Revenue and Income - Revenue from the East China region accounted for 66.6% of total revenue, while North China contributed 16.0% and Central China contributed 3.6%[11] - Other income slightly increased from approximately RMB 47.3 million for the year ended December 31, 2021, to approximately RMB 47.8 million for the year ended December 31, 2022[13] Expenses and Financial Management - Administrative expenses rose from approximately RMB 434.7 million for the year ended December 31, 2021, to approximately RMB 443.2 million for the year ended December 31, 2022, primarily due to increased employee costs[14] - The group's inventory as of December 31, 2022, amounted to RMB 3,518,438,000, recorded at the lower of cost and net realizable value[87] - The company’s borrowing details are outlined in the consolidated financial statements, indicating a focus on managing financial leverage[120] Corporate Governance - The company aims to maintain high standards of corporate governance to enhance shareholder value and protect the interests of shareholders and other stakeholders[16] - The board of directors held six meetings during the fiscal year ended December 31, 2022, ensuring effective oversight and governance[21] - The company has established three board committees: the Remuneration Committee, the Nomination Committee, and the Audit Committee, to oversee specific areas of the business[34] - The company is committed to continuous professional development for its directors, ensuring they are well-equipped to fulfill their roles effectively[23] - The company has complied with the corporate governance code as detailed in the annual report[103] Board Composition and Diversity - The board of directors includes one female member, representing 8% of the total board composition[46] - The company aims to maintain its current level of gender diversity on the board[46] - The company emphasizes the importance of board diversity, considering factors such as gender, age, and professional experience[66] - As of the end of 2022, the workforce consisted of 81% male and 19% female employees[46] - The company is committed to creating an inclusive work environment where all employees are treated with respect and equality[46] Audit and Compliance - The audit committee held three meetings during the fiscal year ending December 31, 2022[64] - The audit committee reviewed the audited consolidated financial statements for the year ended December 31, 2022, and confirmed compliance with applicable accounting standards and regulations[104] - The company has engaged PwC for audit and non-audit services, with fees paid during the year being disclosed[68] - The independent auditor issued an unqualified opinion regarding the ongoing related transactions, confirming compliance with listing rules[158] - The independent auditor maintained professional skepticism and assessed internal controls relevant to the audit[200] Shareholder and Dividend Information - The company has no predetermined dividend payout ratio or rate, with dividends being decided at the discretion of the board[48] - The board will regularly review the dividend policy to adapt to the company's operational and capital needs[48] - The company did not declare or pay any interim dividends during the year, compared to HKD 0.06 per share in 2021[114] Employee and Stock Options - A total of 12,800,000 stock options were granted to directors and certain employees, which remain unexercised as of December 31, 2022[124] - The stock option plan allows for a maximum of 100,000,000 shares to be issued, representing 10% of the shares in issue at the time of listing[122] - The company granted a total of 228,000 reward shares to a selected employee during the year, with these shares vesting on January 5, 2023[148] - The company’s workforce consists of 73.0% production and technical personnel, 15.8% sales personnel, and 11.2% management and finance personnel[132] Major Transactions and Relationships - The company sold goods and services to its five largest customers, which accounted for less than 30% of total revenue, while the five largest suppliers accounted for approximately 79% of total procurement[119] - For the fiscal year ending December 31, 2022, the total amount paid to China Baowu Steel Group for steel procurement was approximately RMB 15.9 billion, remaining below the annual cap of RMB 35 billion[156] - The company provided metal processing products and services to China Baowu Steel Group amounting to approximately RMB 170 million, which did not exceed the annual limit of RMB 600 million[156] - The new framework agreement with China Baowu Steel Group, approved by independent shareholders, spans from January 1, 2021, to December 31, 2023, with a total expected payment for steel procurement capped at RMB 22.4 billion, RMB 28 billion, and RMB 35.4 billion for each of the three years[179] - The expected maximum total payments for metal processing products and services from China Baowu Steel Group are capped at RMB 250 million, RMB 300 million, and RMB 350 million for each of the three years ending December 31, 2023[179] Ownership and Control - The company’s major shareholder, Zhou Keming, holds 62.26% of the issued share capital, indicating a strong control over the company[165] - The ownership structure of Lianhao Group Limited shows that Zhou Keming holds 77.2% and Xu Xia holds 22.8% of the interests[194] - The company has no significant contracts with directors that would allow them to hold shares or interests in the company or its affiliates[169] Changes in Board and Management - The company’s board of directors underwent changes, with several resignations and appointments noted during the fiscal year[159] - The board of directors will see the rotation of Lu Jian, Zhu Baomin, Professor Hua Min, and Hu Xuefa at the 2023 annual general meeting[185]

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佈的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分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。 1 大明國際控股有限公司（「本公司」）董事會（「董事會」）謹此公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的經審核合併業績連同 截至二零二一年十二月三十一日止年度的比較數字如下： | --- | --- | --- | --- | |------------------------------------------|-------------------------|--------------------------|---------| | | | | | | 財務摘要 | | 截至十二月三十一日止年度 | | | | 二零二二年 人民幣千元 | 二零二一年 人民幣千元 | 變幅 | | 收益 | 50,122,319 | 46,345,417 | +8.1% | | 毛利 | 908,633 | 1,827,209 | -50.3% | | 年度（虧損）╱溢利及綜合 ...

| --- | --- | --- | --- | |-------|-------|-------|-----------------------------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | 大明國際控股有限公司 (於開曼群島註冊成立的有限公司) | | | | | | | | | 2022 | | | | | | 股份代碼 : 1090 中期報告 | 目 錄 1 財務及營運摘要 4 管理層討論及分析 19 未經審核簡明合併財務狀況表 未經審核簡明合併綜合收益表 21 未經審核簡明合併權益變動表 22 未經審核簡明合併現金流量表 23 24 未經審核簡明合併財務報表附註 39 其他資料 財務及營運摘要 財務摘要 | --- | --- | --- | --- | |------------------|-------------------------|----------------------------------------------|--------| | | | | | | | | ...

CMSSC大明 大 明 國 際 控 股 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 2021年報 股份代碼： 1090 目 錄 企業資料 2 財務及營運摘要 3 主席報告書 6 管理層討論及分析 15 企業管治報告 19 董事及高級管理層資料 36 董事會報告 43 獨立核數師報告 55 60 合併財務狀況表 合併綜合收益表 62 63 合併權益變動表 合併現金流量表 64 65 合併財務報表附註 財務摘要 148 企業資料 | --- | --- | |-------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------| | | | | 董事會 執行董事 周克明先生 （主席） 蔣長虹先生 （行政總裁） 徐霞女士 | 總部及中國主要營業地 ...

CMSSC大明 大 明 國 際 控 股 有 限 公 司 ( 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) 2021 中期報告 股份代碼： 1090 | --- | --- | --- | |-------|-------|------------------------------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 目 錄 | | | 1 | 財務及營運摘要 | | | 4 | 管理層討論及分析 | | | 19 | 未經審核簡明合併財務狀況表 | | | 21 | 未經審核簡明合併綜合收益表 | | | 22 | 未經審核簡明合併權益變動表 | | | 23 | 未經審核簡明合併現金流量表 | | | 24 | 未經審核簡明合併財務報表附註 | | | 39 | 其他資料 | 財務及營運摘要 財務摘要 | --- | --- | --- | --- | |------------------|------------------------------------------------ ...

OMSSC大明 大 國 ( 於 開 曼 群 島 註 册 成 立 的 有 限 公 司 ) 司 中国石油 2020年報 股份代號： 1090 目 錄 2 3 6 13 17 34 39 53 58 合併財務狀況表 60 合併綜合收益表 61 合併權益變動表 62 合併現金流量表 63 合併財務報表附註 142 財務摘要 企業資料 財務及營運摘要 主席報告書 管理層討論及分析 企業管治報告 董事及高級管理層資料 董事會報告 獨立核數師報告 企業資料 董事會 執行董事 周克明先生（主席） 蔣長虹先生（行政總裁） 徐霞女士 鄒曉平先生 福井勤博士（原名張勤眾） 張鋒先生 王健先生 非執行董事 林長春先生 盧健先生 獨立非執行董事 華民教授 卓華鵬先生 陸大明先生 劉復興先生 胡學發先生 公司秘書 梁文輝先生 授權代表 鄒曉平先生 梁文輝先生 審核委員會 華民教授 卓華鵬先生 陸大明先生 劉復興先生 胡學發先生 薪酬委員會 華民教授 卓華鵬先生 陸大明先生 劉復興先生 胡學發先生 鄒曉平先生 提名委員會 華民教授 卓華鵬先生 陸大明先生 劉復興先生 胡學發先生 鄒曉平先生 開曼群島註冊辦事處 Cricket Square ...

ƏMSSC大明 大 國 際 控 股 有 限 公 司 （ 於 開 曼 群 島 註 册 成 立 的 有 限 公 司 ） logic 2020 中期報告 股份代號： 1090 目 錄 1 3 15 17 18 19 20 35 財務及營運摘要 管理層討論及分析 未經審核簡明合併財務狀況表 未經審核簡明合併綜合收益表 未經審核簡明合併權益變動表 未經審核簡明合併現金流量表 未經審核簡明合併財務報表附註 其他資料 財務及營運摘要 財務摘要 | --- | --- | --- | --- | |------------------|------------------------------------------------|-----------------------|-------| | | | | | | | 截至六月三十日止六個月 二零二零年 人民幣千元 | 二零一九年 人民幣千元 | 變幅 | | 收益 | 15,633,880 | 16,756,469 | -6.7% | | | | | | | 毛利 | 600,096 | 564,259 | +6.4% | | 期間綜合收益總額 | 140,504 | ...

OMSSCAH 大 國 際 控 股 有 限 公 （ 於 開 曼 群 島 註 册 成 立 的 有 限 公 司 ) 同 տտո-エロ 2019年報 股份代號： 1090 目 錄 2 企業資料 3 財務及營運摘要 6 主席報告書 13 管理層討論及分析 17 企業管治報告 34 董事及高級管理層資料 39 董事會報告 51 獨立核數師報告 56 合併財務狀況表 58 合併綜合收益表 59 合併權益變動表 60 合併現金流量表 61 合併財務報表附註 152 財務摘要 企業資料 | --- | --- | |------------------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------| | | | | 董事會 執行董事 周克明先生 （主席） 蔣長虹先生 （行政 ...

Qmssc太明 大明國際控股有限公司 (於開曼群島註冊成立的有限公司) 股份代號 : 1090 2019 中期報告 目 錄 1 3 16 18 19 20 21 34 財務及營運摘要 管理層討論及分析 未經審核簡明合併財務狀況表 未經審核簡明合併綜合收益表 未經審核簡明合併權益變動表 未經審核簡明合併現金流量表 未經審核簡明合併財務報表附註 其他資料 財務及營運摘要 財務摘要 | --- | --- | --- | --- | |------------------|-------------------------|----------------------------------------------|--------| | | 二零一九年 人民幣千元 | 截至六月三十日止六個月 二零一八年 人民幣千元 | 變幅 | | | | | | | 收益 | 16,756,469 | 15,346,884 | +9.2% | | 毛利 | 564,259 | 484,404 | +16.5% | | 期間綜合收益總額 | 130,558 | 120,087 | +8.7% | 收益 毛利 | --- | -- ...