Financial Performance - The company achieved a revenue of approximately RMB 1,829.2 million in 2024, a slight decrease of 0.5% year-on-year, while maintaining stable market share[20]. - The group recorded a net revenue of RMB 1,829.2 million in 2024, a decrease of 0.5% year-on-year[29]. - Revenue from the smart transportation segment was approximately RMB 435.2 million, down 6.8% from RMB 467.1 million in 2023[33]. - The smart building and park segment's revenue decreased by 12.4% to approximately RMB 720.3 million from RMB 822.5 million in 2023[34]. - The smart energy segment achieved a revenue increase of 22.9%, reaching RMB 673.8 million compared to RMB 548.4 million in 2023[31]. - In 2024, the revenue of the smart energy segment reached approximately RMB 673.8 million, a 22.9% increase from RMB 548.4 million in the same period last year, driven by technological innovation and market expansion in the heating sector[35]. - The group's gross profit decreased by 14.2% to approximately RMB 145.2 million in 2024, with a gross margin of 7.9%, down 1.3 percentage points year-on-year, due to intensified industry competition[38]. - Other income increased by approximately 17.0% to RMB 32.4 million in 2024, primarily due to increased interest income from EMC projects[39]. - Selling and distribution expenses rose by 35.5% to approximately RMB 85.8 million in 2024, accounting for 4.7% of revenue, compared to 3.4% in 2023, reflecting increased marketing resource investment[40]. - The impairment loss on trade and other receivables and contract assets surged by approximately 264.0% to RMB 210.0 million in 2024, attributed to delayed payment schedules from clients due to industry environment changes[42]. - The group recorded a loss of approximately RMB 265.0 million in 2024, compared to a loss of RMB 99.9 million in 2023, with a net margin decline from -5.4% to -14.5%[45]. Strategic Initiatives - The company achieved a stable revenue base despite industry downturns, focusing on enhancing core competitiveness and accelerating independent innovation[13]. - The company is focusing on enhancing project gross margins and improving project settlement and collection management to ensure sustainable development[20]. - The company plans to deepen its focus on construction parks, urban rail transit, and centralized heating sectors, leveraging policy support for significant equipment upgrades[18]. - The company aims to increase R&D investment and accelerate the cultivation and introduction of high-end talent to support urban digital transformation and green low-carbon development[18]. - The company is committed to driving innovation and resource integration to cultivate new business growth points amid a competitive market environment[29]. - The company aims to enhance brand value and competitiveness by increasing R&D investment and focusing on key technology breakthroughs[28]. Innovation and Development - The company successfully delivered a domestically produced IoT controller module, enhancing the competitiveness of its "Kunlun" industrial internet platform[14]. - The company obtained 7 patent authorizations, including 6 invention patents, and achieved 27 software copyrights in the fiscal year[14]. - The company made significant breakthroughs in the smart transportation sector, including a major renovation project for the Chongqing Line 6 comprehensive monitoring system[15]. - The smart energy segment successfully implemented an automatic control system for nearly 900 heat exchange systems, achieving a fuel utilization efficiency improvement with an expected heat saving rate exceeding 8%[17]. - The company received the "Green Energy Star" first-class award for the Xinjiang Altash Zero Carbon Park project, highlighting its commitment to sustainable energy solutions[17]. - The company has established a benchmark project for smart operation and maintenance in tertiary hospitals, integrating core systems such as building automation and energy management[16]. Market Challenges - The company faced significant challenges in 2024 due to tightened local government debt regulations and a decline in real estate investment, impacting effective demand and increasing competition[13]. - The gross profit margin significantly declined due to intensified industry competition, leading to a net loss of approximately RMB 265.0 million for the year[20]. Corporate Governance - The company has a diverse board with members experienced in finance, investment, and management, which supports strategic decision-making[75][78]. - The company is committed to enhancing its governance structure by including independent directors with diverse backgrounds and expertise[75][77]. - The company emphasizes the importance of independent directors in decision-making processes, particularly regarding strategy and performance[174]. - The company has adopted a board diversity policy since August 2013, ensuring a balanced mix of skills and experiences among board members[175]. - The independent non-executive directors have reviewed the ongoing connected transactions and confirmed they are conducted on normal commercial terms[142]. Employee and Management - The total employee count increased from 665 to 669, while total employee costs decreased from approximately RMB 206.6 million to RMB 168.5 million[55]. - The company has implemented a share incentive plan since December 4, 2015, to motivate and reward eligible members[55]. - The management team regularly participates in training and industry exhibitions to enhance their understanding of market conditions and product developments[55]. - The company’s remuneration policy is based on individual contributions, qualifications, and capabilities, reviewed regularly by the remuneration committee[148]. Financial Position - As of December 31, 2024, the group's inventory increased by 6.3% to approximately RMB 1,363.8 million, with inventory turnover days rising to about 264 days[47]. - The group's cash and cash equivalents amounted to approximately RMB 344.7 million as of December 31, 2024, representing 13.1% of net assets[49]. - The group’s net cash position was approximately RMB -2.9 million as of December 31, 2024, with a debt-to-asset ratio of approximately 6.2%[50]. - The group has pledged the Xinjiang Tianfu South Thermal Power Plant and associated urban heating network renovation project to secure a mortgage loan of approximately RMB 37.4 million at an interest rate of 4.74%[51]. - As of December 31, 2024, the group had no significant contingent liabilities[53]. Related Party Transactions - The supply agreement between Tongfang Taited Beijing and Tongfang sets annual sales limits for smart energy-saving products at RMB 420 million, RMB 460 million, and RMB 510 million for the years ending December 31, 2023, 2024, and 2025 respectively[131]. - For the year ending December 31, 2024, the group sold products to Tongfang Group amounting to approximately RMB 257.3 million, within the approved limit of RMB 460 million[134]. - The procurement agreement establishes annual purchase limits for energy management and environmental protection products at RMB 220 million, RMB 250 million, and RMB 270 million for the years ending December 31, 2023, 2024, and 2025 respectively[133]. - The group purchased raw materials from Tongfang Group amounting to approximately RMB 104.4 million for the year ending December 31, 2024, within the approved limit of RMB 250 million[134]. - The agreements are aimed at addressing the business needs of the group's non-core operations[133]. Environmental and Compliance - The company has obtained ISO14001 environmental management system certification, demonstrating its commitment to energy-saving and environmental protection[161]. - The company has not violated any relevant environmental regulations that would significantly impact its development, performance, or business[161]. - The company has complied with all corporate governance codes as per the main board listing rules throughout the year ending December 31, 2024, except for deviations in the frequency of board meetings[166].

Financial Performance - For the fiscal year ending December 31, 2024, the total revenue was RMB 1,829,233,000, a decrease of 0.1% compared to RMB 1,838,010,000 in 2023[5]. - The gross profit for the same period was RMB 145,193,000, down 14.2% from RMB 169,323,000 in the previous year[5]. - The net loss for the year was RMB 265,045,000, compared to a net loss of RMB 99,947,000 in 2023, indicating a significant increase in losses[6]. - The basic loss per share was RMB 0.1291, compared to RMB 0.3400 in the previous year[5]. - The pre-tax loss for 2024 was RMB (296,797,000), compared to RMB (99,676,000) in 2023, indicating a worsening financial performance[31]. - The actual income tax expense for 2024 was RMB (31,752,000), compared to RMB 271,000 in 2023, showing a significant increase in tax liabilities[31]. - The basic loss per share for 2024 was RMB 265,908,000, compared to RMB 100,964,000 in 2023, indicating a substantial increase in losses attributable to shareholders[34]. - The group recorded a loss of approximately RMB 265.0 million in 2024, compared to a loss of RMB 99.9 million in 2023, with a net margin decline from -5.4% to -14.5%[67]. Revenue Breakdown - Revenue from smart transportation business reached RMB 435.2 million in 2024, while smart buildings and parks generated RMB 720.3 million, and smart energy brought in RMB 673.8 million[22]. - The smart energy segment experienced a decline in revenue from RMB 822.5 million in 2023 to RMB 673.8 million in 2024, reflecting a decrease of approximately 18.1%[22]. - The reported revenue for the smart transportation business in 2024 was RMB 435,196,000, a decrease from RMB 467,056,000 in 2023, representing a decline of approximately 6%[27]. - Revenue from the smart building and park segment was RMB 720,259 thousand, accounting for 39.4% of total revenue, down from 25.4% in the previous year[55]. - The smart energy segment achieved revenue of approximately RMB 673.8 million in 2024, representing a growth of 22.9% from RMB 548.4 million in the previous year, driven by technological innovations and market expansion in the heating sector[58]. - The smart transportation segment recorded revenue of approximately RMB 435.2 million in 2024, a decrease of 6.8% compared to RMB 467.1 million in 2023, primarily due to project bidding adjustments and delayed construction plans in the first half of the year[56]. - Revenue from the smart building and park segment fell by 12.4% year-on-year to approximately RMB 720.3 million in 2024, down from RMB 822.5 million in 2023, amid ongoing market investment challenges[57]. Assets and Liabilities - Total assets as of December 31, 2024, were RMB 4,497,478,000, compared to RMB 4,486,800,000 in 2023, showing a slight increase[12]. - Current liabilities increased to RMB 2,887,395,000 from RMB 2,609,652,000 in the previous year, reflecting a rise of 10.6%[11]. - The company reported a significant increase in trade and other receivables, which rose to RMB 1,687,280,000 from RMB 976,224,000, marking a growth of 72.6%[10]. - Trade and other receivables amounted to approximately RMB 1,801.6 million, a decrease of 3.4% from RMB 1,864.6 million in the previous year, with an average trade receivables turnover period increasing from 290 days to 329 days[69]. - Trade payables and notes payable totaled RMB 2,175,946 thousand in 2024, compared to RMB 2,042,991 thousand in 2023[38]. - Trade and other payables increased by 8.0% to approximately RMB 2,400.3 million, with the average trade payables turnover period rising from 387 days to 437 days[70]. Operational Efficiency and Strategic Initiatives - The board of directors has emphasized the importance of strategic initiatives to improve operational efficiency and reduce losses moving forward[4]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[4]. - The company plans to enhance project gross margin levels and strengthen project settlement and collection management for sustainable development[42]. - The group aims to enhance brand value and competitiveness through innovation and resource integration[52]. - The group plans to deepen market collaboration with internal business units to drive sustainable development[52]. Employee and Operational Metrics - Employee costs for 2024 were RMB 168,497,000, down from RMB 206,622,000 in 2023, representing a reduction of about 18%[30]. - The total employee count increased from 665 to 669, while total employee costs decreased from approximately RMB 206.6 million to RMB 168.5 million[78]. - The group successfully completed the seamless migration of the integrated monitoring system cloud platform for Wuhan Metro Line 11, enhancing operational management efficiency[43]. - In the Changchun rail transit market, the company secured multiple projects, achieving comprehensive coverage of the integrated monitoring system market[44]. - The company expanded its regional rail transit market by successfully delivering integrated monitoring equipment for the Hangzhou to Deqing railway project[45]. Financial Reporting and Compliance - The group has not applied any new accounting standards or interpretations that have not yet come into effect during the current accounting period[19]. - The group’s financial statements are prepared using historical cost conventions, with estimates and assumptions based on past experiences and other relevant factors[18]. - The group has implemented revisions to Hong Kong Financial Reporting Standards, which did not have a significant impact on the group's financial performance or position during the reporting period[19]. - The audit committee reviewed the consolidated performance for the year ending December 31, 2024, ensuring compliance with applicable accounting standards and regulations[91]. - The company has adopted the standard code for directors' securities trading and confirmed compliance throughout the fiscal year[83]. Market Focus and Investments - The company has not reported any significant operational activities outside of China, indicating a focus on the domestic market[29]. - The company did not engage in any significant acquisitions or disposals of subsidiaries or joint ventures during the year[80]. - No significant investments were made by the company as of December 31, 2024[81]. - The company did not conduct any fundraising activities through the issuance of equity securities[84]. - The company did not buy, sell, or redeem any of its listed securities during the fiscal year[86]. Dividends and Shareholder Information - The company has not declared or paid dividends for the fiscal years 2024 and 2023[40]. - The company did not declare any dividends for the fiscal year ending December 31, 2023[87]. - The company held zero treasury shares as of December 31, 2024[85]. - The company will hold its annual general meeting on June 17, 2025[89]. - The board of directors held only two regular meetings during the year, despite the requirement for at least four meetings[82].

領先的 城市能源智能節能 服務商 同方泰德 國際科技有限公司 中期報告 2024 (於新加坡註冊成立之有限公司) 股份代號: 1206 目錄 02 公司資料 04 管理層討論與分析 11 企業管治及其他資料 14 獨立審閱報告 15 綜合收益表 16 綜合全面收益表 17 綜合財務狀況表 19 綜合權益變動表 20 簡明綜合現金流量表 21 未經審核中期財務報告附註 同方泰德國際科技有限公司 二零二四年中期報告 公司資料 | --- | --- | |-------------------------------------------------------|-----------------------------------------------| | | | | 董事會 | 風險管理委員會 | | | 趙曉波先生 | | 執行董事 | 謝有文先生 | | 趙曉波先生 | 范仁達先生 （主席） | | 王志強先生 （於二零二四年二月一日獲委任） | 梁武全先生 （於二零二四年二月一日辭任） | | | 曾學傑先生 | | 非執行董事 | 張健先生 （於二零二四年二月一日辭任） | | 梁武全先生 （於 ...

Financial Performance - Revenue for the first half of 2024 was RMB 512,572,000, a decrease of 8.8% compared to RMB 561,965,000 in the same period of 2023[3] - Gross profit for the first half of 2024 was RMB 56,085,000, down 46.1% from RMB 104,108,000 in the first half of 2023[3] - Operating loss for the first half of 2024 was RMB 75,247,000, compared to an operating loss of RMB 14,522,000 in the same period of 2023[3] - Net loss for the first half of 2024 was RMB 71,909,000, significantly higher than the net loss of RMB 13,925,000 in the first half of 2023[3] - Basic and diluted loss per share for the first half of 2024 was RMB 0.0889, compared to RMB 0.0189 in the same period of 2023[3] - Total comprehensive loss for the first half of 2024 was RMB 71,827,000, compared to RMB 12,454,000 in the first half of 2023[4] Revenue Breakdown - Revenue from the smart transportation business was RMB 93,261 thousand, down 47.3% from RMB 176,461 thousand in the previous year[11] - Revenue from the smart building and park business was RMB 220,216 thousand, a slight decrease of 5.9% from RMB 234,015 thousand in the previous year[11] - Revenue from the smart energy business increased by 31.4% to RMB 199,095 thousand, compared to RMB 151,489 thousand in the same period of 2023[11] - The overall revenue for the group in the first half of 2024 was RMB 512.6 million, with the smart energy segment contributing 39% to total revenue[38] Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to RMB 1,061,526,000, an increase from RMB 1,054,808,000 as of December 31, 2023[5] - Current assets as of June 30, 2024, totaled RMB 4,165,552,000, a decrease from RMB 4,486,800,000 as of December 31, 2023[6] - The company's total equity as of June 30, 2024, was RMB 2,898,533,000, compared to RMB 2,826,706,000 as of December 31, 2023[7] - Trade receivables and notes receivable, net of provisions, amounted to RMB 1,679.9 million as of June 30, 2024, compared to RMB 1,669.6 million as of December 31, 2023[8] - Total payables and notes payable were RMB 1,814.4 million as of June 30, 2024, down from RMB 2,042.9 million as of December 31, 2023[8] Operational Strategy and Market Position - The company is actively adjusting its operational strategy to expand into new market areas and collaboration opportunities, which has led to increased sales expenses[29] - The company completed the Shenyang Metro Line Network Command Center project, enhancing operational efficiency and passenger experience through its self-developed network operation scheduling system[30] - The Chongqing Rail Transit Line 6 comprehensive monitoring system project showcased the company's technical capabilities and effective execution in upgrading existing systems[30] - The company has secured its fifth line in the Changchun rail transit market, reflecting its strong technical innovation and project management experience[31] Research and Development - The company incurred research and development expenses of RMB 12,028,000 during the reporting period[19] - The group continues to deepen its efforts in the smart medical field, providing IoT products to Tsinghua Chang Gung Hospital, which includes energy-saving algorithms for efficient energy use[32] - The group plans to strengthen collaboration with internal business units and Tsinghua University to drive technological innovation and sustainable development[35] Financial Costs and Expenses - Sales and distribution expenses rose by 7.5% year-on-year to approximately RMB 44.7 million, accounting for 8.7% of revenue, an increase of 1.3 percentage points compared to the same period last year[45] - Administrative and other operating expenses increased by 11.0% to approximately RMB 75.4 million, attributed to increased investment in R&D and amortization of intangible assets[46] - Financial costs rose by 8.1% year-on-year to approximately RMB 4.0 million, driven by increased loan amounts to support business development[48] Employee and Corporate Governance - The total employee count decreased to 626 as of June 30, 2024, from 791 as of June 30, 2023, with total employee costs reducing from approximately RMB 103.8 million to RMB 80.0 million[57] - The board does not recommend the payment of any interim dividend for the first half of 2024[62] Reporting and Compliance - The financial report is prepared in accordance with Hong Kong Accounting Standards and has been reviewed by an independent auditor[9] - The mid-term performance announcement is published on the Hong Kong Stock Exchange and the company's website[63] - The mid-term report will be sent to shareholders by June 30, 2024, containing all information required by Listing Rule Appendix D2[63]

同方泰德 國際科技有限公司 (於新加坡註冊成立之有限公司) 領先的 城市能源智能 節能服務商 年 報 2023 股份代號: 1206 目錄 | 公司資料 | 2 | | --- | --- | | 主席報告書 | 4 | | 五年財務概要 | 8 | | 管理層討論與分析 | 9 | | 董事及高級管理層 | 16 | | 董事會報告書 | 23 | | 企業管治報告 | 35 | | 環境、社會及管治報告 | 47 | | 獨立核數師報告 | 80 | | 綜合收益表 | 88 | | 綜合收益及其他全面收益表 | 89 | | 綜合財務狀況表 | 90 | | 綜合權益變動表 | 92 | | 綜合現金流量表 | 93 | | 綜合財務報表附註 | 95 | 公司資料 董事會 執行董事 趙曉波先生 王志強先生（於二零二四年二月一日獲委任） 秦緒忠先生 （主席）（於二零二四年二月一日獲調任為 非執行董事） 非執行董事 秦緒忠先生 （主席） （於二零二四年二月一日獲調任為 非執行董事） 張艷華女士（於二零二四年二月一日獲委任） 梁武全先生（於二零二四年二月一日辭任） 曾學傑先生 張健先生（於二零二四年二月一日 ...

Financial Performance - For the year ended December 31, 2023, Technovator International Limited reported total revenue of RMB 1,838,010, an increase of 5.7% from RMB 1,738,878 in 2022[5] - The cost of sales for 2023 was RMB 1,668,687, compared to RMB 1,435,444 in 2022, resulting in a gross profit of RMB 169,323, down 44.1% from RMB 303,434 in the previous year[5] - The net loss for the year was RMB 99,947, a significant decline from a profit of RMB 55,718 in 2022, indicating a shift in financial performance[6] - Basic loss per share for 2023 was RMB 0.1291, compared to earnings per share of RMB 0.0705 in 2022[5] - The reported segment profit for the year 2023 was RMB 35,128,000, a significant decrease from RMB 196,995,000 in 2022, indicating a decline of about 82.2%[32] - The company reported a pre-tax loss of RMB 99,676,000 for 2023, compared to a profit of RMB 65,416,000 in 2022, indicating a significant shift in financial performance[32] - The company experienced a net loss of approximately RMB 99.9 million due to a significant decline in gross margin and increased impairment provisions[52] - The group recorded a loss of approximately RMB 99.9 million in 2023, compared to a profit of about RMB 55.7 million in 2022, resulting in a net profit margin decline from 3.2% to approximately -5.4%[83] Revenue Breakdown - Revenue from the smart transportation business amounted to RMB 467,056,000, while the smart building and park business generated RMB 822,510,000, and the smart energy business brought in RMB 548,444,000[21] - The smart building and park business saw a significant increase in revenue from RMB 349,528,000 in 2022 to RMB 822,510,000 in 2023, indicating a growth of approximately 135.5%[21] - The smart energy business revenue decreased from RMB 892,492,000 in 2022 to RMB 548,444,000 in 2023, reflecting a decline of about 38.5%[21] - The Smart Transportation segment generated revenue of RMB 467,056 thousand, accounting for 25.4% of total revenue[67] - The Smart Building and Park segment recorded revenue of RMB 822,510 thousand, a significant increase of 33.6% compared to RMB 349,528 thousand in 2022[67] - The Smart Energy segment's revenue was RMB 548,444 thousand, showing a year-on-year decline of 7.8% from RMB 892,492 thousand[67] Assets and Liabilities - Total assets as of December 31, 2023, were RMB 4,486,800, an increase from RMB 4,148,614 in 2022[11] - Current liabilities increased to RMB 2,609,652 in 2023 from RMB 2,258,368 in 2022, reflecting a rise in operational costs[11] - Non-current assets totaled RMB 1,141,180, a decrease from RMB 1,061,526 in 2022, suggesting potential asset impairment[9] - The total trade and other payables amounted to RMB 2,222.9 million in 2023, compared to RMB 2,042.9 million in 2022[46] - Trade receivables and notes receivable (net of impairment) amounted to RMB 1,669.6 million in 2023, compared to RMB 1,560.0 million in 2022[44] - As of December 31, 2023, the group's cash and cash equivalents amounted to approximately RMB 363.3 million, representing 12.5% of the group's net assets[87] - The group's net debt as of December 31, 2023, was approximately RMB 77.5 million, with a debt-to-asset ratio of about 5.2%[88] Operational Highlights - The company plans to focus on new product development and market expansion strategies to improve future performance[3] - Technovator is exploring potential mergers and acquisitions to enhance its market position and operational capabilities[3] - The company has actively expanded into new business areas, including rail transit communication, creating new growth points[54] - The company has developed an integrated management platform for smart stations, utilizing cloud technology, digital twins, IoT, and AI[53] - The company has successfully implemented the GoA4 level fully automated driverless line project in Ningbo, enhancing the application of its platform in rail transit[53] - The company updated the BAS system for the Tianjin-Binhai Light Rail Line 9, improving operational safety and integrating with new stations[56] Cost and Expenses - The financial costs for the year 2023 amounted to RMB 8,454,000, slightly up from RMB 6,687,000 in 2022, marking an increase of about 26.4%[34] - Employee costs totaled RMB 206,622,000 in 2023, a decrease from RMB 215,438,000 in 2022, representing a reduction of approximately 4.2%[34] - Administrative and other operating expenses increased by 26.5% to approximately RMB 168.2 million in 2023, driven by increased R&D investment and asset impairment losses[79] - The group's sales cost rose by approximately 16.3% to about RMB 1,668.7 million in 2023 from RMB 1,435.4 million in 2022, primarily due to increased revenue and a decline in gross margin[73] - Gross profit decreased by 44.2% to approximately RMB 169.3 million in 2023, with a gross margin of 9.2%, down 8.2 percentage points from the previous year, attributed to slow market recovery and intensified competition[74] Corporate Governance - The group has not applied any new accounting standards or interpretations that have not yet come into effect during the reporting period, indicating stability in accounting practices[18] - The group has implemented new and revised Hong Kong Financial Reporting Standards, which have not had a significant impact on the group's financial performance or position during the reporting period[18] - The management team regularly reviews accounting estimates and assumptions, ensuring that financial reporting remains accurate and relevant[18] - The group adhered to all corporate governance codes as per the Hong Kong Stock Exchange regulations[96] - The company has adopted the standard code of conduct for securities trading from September 8, 2011, to December 31, 2023, confirming compliance by all directors during this period[97] Shareholder Information - The company has not declared or paid dividends for the fiscal years 2022 and 2023[48] - No dividends were declared for the fiscal year ending December 31, 2022, and the board does not recommend any final dividend for the year ending December 31, 2023[99] - The annual general meeting is scheduled for June 13, 2024, in Hong Kong, with a notice to be issued to shareholders in due course[101] - The annual performance announcement will be published on the Hong Kong Stock Exchange and the company's website, with the annual report to be sent to shareholders at an appropriate time[102]

Financial Performance - The company reported a revenue of approximately RMB 562.0 million for the first half of 2023, a year-on-year decrease of 10.1%[7] - The company recorded a loss of approximately RMB 13.9 million during the same period[7] - In the first half of 2023, the company recorded a net revenue of RMB 562.0 million, a year-on-year decrease of 10.1%[15] - The company's gross profit decreased by 3.9% to approximately RMB 104.1 million, with a gross margin of 18.5%, an increase of 1.2 percentage points from the previous year due to improved cost control[24] - The company recorded a loss of approximately RMB 13.9 million in the first half of 2023, a significant decline from a profit of RMB 9.7 million in the same period last year, resulting in a net margin of approximately -2.5%[33] - The net loss attributable to equity shareholders was RMB 14,772,000, compared to a profit of RMB 11,690,000 in the same period last year[65] - The total profit for the reportable segments was RMB 47,894,000, a decrease of 36.38% compared to RMB 75,280,000 in the same period of 2022[86] - The company reported a basic loss per share of RMB 14,772,000 for the six months ended June 30, 2023, compared to a profit of RMB 11,690,000 in the same period of 2022[96] Segment Performance - The smart transportation segment saw steady revenue growth, benefiting from the rapid recovery of the rail transit industry[8] - The smart transportation segment saw revenue increase by 54.3% to approximately RMB 176.5 million, driven by the acceleration of major project implementations[19] - The smart building and park segment faced a decline in revenue due to project investment delays and extended payment cycles, impacting profit margins[9] - The smart building and park segment's revenue decreased by 35.1% to approximately RMB 234.0 million, impacted by a decline in infrastructure spending and high revenue from significant projects in the previous year[21] - The smart energy segment maintained stable revenue from centralized heating projects, although profit margins were affected by rising energy prices[12] - The smart energy segment's revenue remained stable, with a slight increase of 0.8% to approximately RMB 151.5 million, supported by ongoing energy management projects[22] Operational Efficiency - The company successfully applied its self-developed ezISCS-SOM software system in the operation of the Suzhou Rail Transit Line 11 and Xi'an Metro Line 16, enhancing operational efficiency[8] - Selling and distribution expenses decreased by 6.1% to approximately RMB 41.6 million, representing 7.4% of total revenue, attributed to optimized expense management[28] - Administrative and other operating expenses increased by 6.9% to approximately RMB 67.9 million, primarily due to increased R&D investments[29] Cash Flow and Financial Position - As of June 30, 2023, the company's cash and cash equivalents were approximately RMB 115.9 million, accounting for 3.9% of the group's net assets, down from RMB 354.0 million as of December 31, 2022[38] - The company's net debt as of June 30, 2023, was approximately RMB 94.8 million, compared to a net cash position of RMB 163.6 million as of December 31, 2022, with a debt-to-asset ratio of approximately 4.0%[39] - The company's cash and cash equivalents decreased significantly from RMB 354,040,000 to RMB 115,936,000, a decline of about 67.2%[68] - Net cash used in operating activities was RMB (210,463,000), compared to RMB (258,904,000) in the previous year, indicating an improvement of approximately 18.7%[74] - The total equity attributable to equity shareholders decreased from RMB 2,980,325,000 to RMB 2,967,024,000, a decline of about 0.4%[70] Investments and Commitments - The company is actively expanding into the smart hospital sector, successfully implementing its Techcon IBS5.0 software in Beijing Gaobo Hospital and Neosys IoT controllers in Wuhan Jinyintan Hospital[11] - The company signed new contracts for centralized heating projects in Taiyuan, reinforcing its position in the energy management sector[12] - The company aims to leverage opportunities from carbon neutrality policies to expand its zero-carbon business and enhance its market competitiveness[13] - The contracted capital commitments as of December 31, 2023, amounted to RMB 207,015 thousand, compared to RMB 214,564 thousand as of June 30, 2022[110] Research and Development - Research and development expenses recognized as costs amounted to RMB 13,641,000 for the six months ended June 30, 2023, up 45.5% from RMB 9,368,000 in 2022[91] - The report indicates that the company is committed to enhancing its core technologies in energy optimization and management systems[82] Shareholder Information - Major shareholder Tongfang Co., Ltd. held 92,000,000 shares, representing approximately 11.76% of the issued share capital[57] - Resuccess Investments Limited, controlled by Tongfang Co., Ltd., held 194,330,142 shares, representing approximately 24.84% of the issued share capital[57] - The company did not establish any arrangements that would result in directors or senior management holding any interests in the company's shares as of June 30, 2023[55] Compliance and Review - The financial report was reviewed by KPMG, ensuring compliance with Hong Kong accounting standards[77] - The company has not applied any new standards or interpretations that have not yet come into effect during the reporting period[78]

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，概不對因本公佈 全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責 任。 Technovator TECHNOVATOR INTERNATIONAL LIMITED 同 方 泰 德 國 際 科 技 有 限 公 司* （於新加坡註冊成立的有限公司） 1206 （股份代號： ） 二 零 二 三 年 中 期 業 績 公 佈 中期業績 同方泰德國際科技有限公司（「本公司」）董事會（「董事會」）欣然公佈本公司及其 附屬公司（「本集團」或「同方泰德」）於截至二零二三年六月三十日止六個月（「二 零二三年上半年」）的未經審核綜合中期財務業績，連同二零二二年同期（「二零 二二年上半年」）的比較數字。該等業績已經本公司審核委員會審閱，而審核委 員會僅由本公司獨立非執行董事組成。於二零二三年上半年的未經審核中期 財務報表已經本公司外聘核數師審閱。 ...

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。 Technovator TECHNOVATOR INTERNATIONAL LIMITED 同 方 泰 德 國 際 科 技 有 限 公 司* （於新加坡註冊成立的有限公司） 1206 （股份代號： ） 補 充 公 佈 茲提述本公司截至二零二二年十二月三十一日止年度的年度報告（「年報」）。除 文義另有所指外，本公佈所用詞彙與年報所界定者具有相同涵義。 誠如本公司日期為二零一五年十二月七日的公佈所披露，本公司於二零一五 年十二月四日採納股份獎勵計劃（「股份獎勵計劃」）。股份獎勵計劃的主要條款 概要載列如下： 股份獎勵計劃的目的 LR17.09(1) 股份獎勵計劃旨在嘉獎若干經選定承授人作出的貢獻，從而留聘及鼓勵彼等 為本集團未來的經營及發展作出努力，並吸引具有經驗及能力的合適人才加 入及推動本集團的進一步發展。 股份獎勵計劃的參與者 LR17.0 ...

Financial Performance - In 2022, the company recorded a net income of approximately RMB 1,738.9 million, representing a year-on-year increase of 7.4%[16]. - The net profit for the year was approximately RMB 55.7 million, which is a 22.2% increase compared to the previous year[16]. - The company achieved a gross profit margin of 17.5% in 2022, with a cost-to-revenue ratio of 82.6%[15]. - The company’s equity attributable to shareholders increased to RMB 2,980.3 million in 2022, reflecting a steady growth trend[15]. - The current ratio remained stable at 1.8 in 2022, indicating a solid liquidity position[15]. - In 2022, the company achieved a net revenue of approximately RMB 1,738.9 million, representing a year-on-year increase of 7.4%[25]. - The smart transportation segment generated revenue of approximately RMB 349.5 million, a decrease of 27.8% compared to RMB 484.4 million in 2021[29]. - The smart building and park segment saw revenue rise by 22.2% to approximately RMB 892.5 million from RMB 730.2 million in 2021[30]. - The smart energy segment reported revenue of approximately RMB 496.9 million, an increase of 22.8% from RMB 404.5 million in the previous year[31]. - The company's gross profit decreased by 4.4% to approximately RMB 303.4 million, with a gross margin of 17.4%, down 2.2 percentage points from the previous year[33]. - Sales and distribution expenses were approximately RMB 81.5 million, a reduction of 21.3% compared to the previous year, with expenses accounting for 4.7% of revenue[37]. - Administrative and other operating expenses decreased by 7.5% to approximately RMB 133.0 million due to enhanced cost control during the pandemic[38]. - The company recorded other income of approximately RMB 33.2 million, a decline of 13.1% from RMB 38.2 million in 2021, primarily due to reduced interest income from EMC projects[35]. - The impairment loss on trade and other receivables increased to approximately RMB 62.2 million from RMB 28.6 million in the previous year, attributed to delayed payments and extended aging of settled projects[39]. - The effective tax rate was approximately 14.8%, a decrease of 1.4 percentage points from the previous year, with income tax expenses rising by 10.2% to approximately RMB 9.7 million[41]. - The net profit increased by 22.1% from approximately RMB 456 million in 2021 to about RMB 557 million in the current year, with a net profit margin rising from 2.8% to 3.2%[42]. - Basic earnings per share rose by 21.8% year-on-year to RMB 0.0705, compared to RMB 0.0579 in 2021[42]. - Inventory increased from approximately RMB 983 million in 2021 to about RMB 1,191 million in 2022, with inventory turnover days remaining stable at 228 days[44]. - Trade and other receivables rose to approximately RMB 1,760.5 million in 2022 from RMB 1,456.4 million in 2021, with average trade receivable turnover days increasing to 269 days[45]. - Trade and other payables increased significantly to approximately RMB 1,924.2 million in 2022 from RMB 1,577.2 million in 2021, with average trade payable turnover days at 360 days[45]. - Cash and cash equivalents were approximately RMB 354 million as of December 31, 2022, accounting for 11.8% of the group's net assets, down from RMB 411.7 million in 2021[46]. - The group's net cash position decreased to approximately RMB 163.6 million in 2022 from RMB 312.4 million in 2021, with a debt-to-asset ratio of 3.6%[48]. - The total employee cost decreased from approximately RMB 224 million in 2021 to about RMB 215.4 million in 2022, with the number of employees reducing from 812 to 779[52]. - The company did not engage in any significant acquisitions or investments during the year ended December 31, 2022[54][55]. - The average annual interest rate on bank loans decreased to 3.9% in 2022 from 4.0% in 2021[46]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion in 2022, representing a growth of 15% compared to the previous year[64]. - User data showed a 20% increase in active users, reaching 5 million by the end of 2022[64]. - The company provided a positive outlook for 2023, projecting a revenue growth of 10% to 1.32 billion[64]. - New product launches are expected to contribute an additional 200 million in revenue in 2023[64]. - The company is investing heavily in R&D, with a budget allocation of 150 million for new technologies[64]. - Market expansion plans include entering three new international markets by the end of 2023[64]. - The company is considering strategic acquisitions to enhance its market position, targeting firms with a combined revenue of 500 million[64]. - A new marketing strategy is set to increase brand awareness by 25% in the next fiscal year[64]. - The company aims to improve operational efficiency, targeting a 5% reduction in costs through process optimization[64]. - The company reported a total reserve of RMB 384,094,000 as of December 31, 2022, down from RMB 395,306,000 in the previous year, indicating a decrease of approximately 3%[88]. - The company made charitable donations amounting to approximately RMB 41,795 during the fiscal year ending December 31, 2022, compared to none in the previous year[89]. - The company did not declare any dividends for the fiscal year ending December 31, 2022, and the board does not recommend any final dividend for the same period[86]. - The company has not declared any dividends for the fiscal year ending December 31, 2021, and similarly, no dividends were declared for 2022[86]. Business Operations and Strategy - In 2022, the company faced significant challenges due to the COVID-19 pandemic, economic downturn, and adjustments in the real estate construction industry, but managed to maintain high-quality development through refined management and innovative business models[9]. - The company emphasized its commitment to innovation, increasing R&D investment, and enhancing its core capabilities, particularly through the development of the "Kunlun" industrial internet operating system and various key equipment solutions[10]. - The company successfully launched multiple core components of the Kunlun digital platform, improving service capabilities across various sectors, including smart energy management and zero-carbon park solutions[10]. - The company secured contracts in smart building, smart transportation, and smart energy sectors, including projects like the Beijing Dongsheng Technology Park and the Xinjiang Tianfu South Thermal Power Unit[12]. - The company’s light-asset energy operation services business is experiencing growth, with successful completion of energy management projects and recognition for excellence in contract energy management[12]. - The company completed key national projects, including the construction and service support for venues during the 2022 Beijing Winter Olympics, receiving commendations from various organizations[14]. - The company aims to leverage opportunities from China's rapid economic recovery and national strategies for new infrastructure and green low-carbon industries in 2023[14]. - The company’s subsidiary, Tongfang Energy Engineering Technology Co., Ltd., was recognized as an "Innovative" SME in Beijing, and its Beijing subsidiary passed the CMMI Level 3 certification[11]. - The company has been awarded multiple industry accolades, including first-class awards in architectural design and second-class awards in equipment management and technological innovation[11]. - The company is focused on sustainable development through contract energy management and operational models, enhancing its service offerings in energy management[12]. - The smart transportation segment faced revenue decline due to the pandemic, but the number of projects won in comprehensive monitoring ranked first in the industry[17]. - The company successfully applied its self-developed energy management system in various metro projects, enhancing energy efficiency through machine learning algorithms[17]. - The smart building and park segment saw significant growth in market contracts, completing the technical support for the smart building system at the National Stadium for the Winter Olympics[18]. - The company launched a lightweight smart heating platform to meet diverse needs in the competitive smart heating sector, successfully applied in the Baoding Datang heating project[21]. - The company developed a high-temperature heat pump equipment for industrial steam needs, achieving over 50% energy savings in practical applications[21]. - The company’s main business segments include smart transportation, smart buildings and parks, and smart energy, focusing on integrated energy management solutions[81]. Corporate Governance and Compliance - The board of directors is composed of 3 executive directors, 3 non-executive directors, and 3 independent non-executive directors, ensuring a diverse range of expertise and experience[149]. - The company has adhered to all provisions of the corporate governance code as of December 31, 2022, except for the frequency of board meetings as specified in code C.5.1[146]. - All independent non-executive directors have served for over 11 years, and the company is committed to appointing a new independent non-executive director at the next annual general meeting[146]. - The company has established mechanisms to ensure the board receives independent views and opinions, with independent non-executive directors providing unbiased insights on strategy and performance[155]. - The chairman and CEO roles are separated, with Qin Xuzhong as chairman and Zhao Xiaobo as CEO, ensuring clear leadership and operational management[154]. - The board regularly reviews authorized functions and tasks, ensuring that significant transactions require board approval[150]. - The company has purchased adequate insurance to protect directors against legal liabilities arising from corporate activities[151]. - The board consists of seven male members and one female member, with ages ranging from 37 to 64[156]. - The gender ratio among all employees, including senior management, is 1.8:1, indicating a focus on gender diversity[157]. - The board held two meetings and one annual general meeting during the fiscal year ending December 31, 2022[159]. - The audit committee held two meetings during the fiscal year, with all members attending both meetings[168]. - The audit committee reviewed the group's interim results for the six months ending June 30, 2022, and the audited annual results for the year ending December 31, 2022[169]. - The company aims to maintain at least one female director on the board, based on the value and contribution of selected candidates[157]. - The board's diversity policy was adopted in August 2013, emphasizing the importance of diverse skills and experiences[156]. - The company continues to seek and select female candidates for board positions to ensure long-term gender diversity[157]. - The board's meetings are conducted regularly, with a minimum of four meetings recommended annually, although only two were held in the past year[159]. - The company has established various committees, including the audit committee, to ensure effective governance and oversight[165]. - The Compensation Committee evaluated the performance of directors and senior management and reviewed the compensation policy for 2022[171]. - As of December 31, 2022, there were 2 senior management members with a salary range of HKD 1,000–1,500 thousand[171]. - The Nomination Committee reviewed the board's structure and diversity policy, ensuring fair and transparent nomination processes[173]. - The Risk Management Committee assessed the effectiveness of the group's risk management system, which was deemed effective and sufficient[178]. - The company adopted a new set of articles to comply with current listing rules, replacing the previous memorandum and articles of association[181]. - The board is responsible for preparing financial statements that fairly reflect the group's financial position and performance[182]. - The company’s external auditor, KPMG, is responsible for the financial statements as stated in the independent auditor's report section of the annual report[183]. - The total fees paid for audit and non-audit services to external auditors amounted to RMB 3,356,000, with RMB 3,230,000 for audit-related services and RMB 126,000 for non-audit services[184]. - The internal audit department reported no significant issues in the internal control system, although there is room for improvement, and all recommendations will be followed up in a timely manner[187]. - The board of directors believes that the internal control and risk management systems are effective and sufficient, having reviewed them at least once a year[186]. - The company has adopted a dividend policy that considers various factors, including actual and expected financial performance, cash flow, and financial condition, before declaring dividends[193]. - The company aims to maintain effective communication with shareholders and stakeholders through various channels, ensuring timely access to important information[191]. Environmental, Social, and Governance (ESG) - The group emphasizes the importance of ESG (Environmental, Social, and Governance) issues and aims to be a leading corporate citizen in China[200]. - The board of directors serves as the highest decision-making body for ESG management, guiding the group's sustainable development direction[200]. - The group has established an ESG working group involving multiple departments to enhance the ESG governance structure[200]. - The annual ESG report is reviewed by the board, ensuring transparency and accountability in ESG performance[200]. - The group identifies and prioritizes ESG issues through stakeholder communication and assessments[200]. - The environmental, social, and governance (ESG) report is the seventh issued by the company, highlighting its efforts and contributions in these areas[194]. - The reporting period for the ESG report covers January 1, 2022, to December 31, 2022[197]. - The company has established a policy for shareholders to convene special meetings upon request from shareholders holding at least 10% of the paid-up capital[188]. - The internal control and risk management systems are designed to provide reasonable assurance against material misstatements or losses[186]. - The company will seek professional advice when necessary to ensure compliance with listing rules and regulations regarding the disclosure of inside information[186]. - The group has obtained ISO14001 environmental management system certification from the China Quality Certification Center, demonstrating its commitment to energy-saving and environmentally friendly products[141]. - As of December 31, 2022, the group has not violated any relevant environmental regulations that significantly impacted its development, performance, or business[143].