中证智能财讯 云能国际（01298）4月29日披露2024年度报告。报告期内，公司实现营业总收入5.71亿港元，同比增长65.64%；归母净利润49.1万港元，同比 扭亏；经营活动产生的现金流量净额为-7576.7万港元，上年同期为1400.2万港元；据报告显示，云能国际基本每股收益为0.0018港元，加权平均净资产收益 率为0.3%。 以4月29日收盘价计算，云能国际目前市盈率（TTM）约392.68倍，市净率（TTM）约1.17倍，市销率（TTM）约0.33倍。 市盈率(TTM)历史分位(%) 001 900 80 77623 70 60 50 40 30 20 10 0 2019-12-37 1 1-12-37 2n- 制图数据来自恒生聚源数据库 市净率(LF)历史分位(%) 云能国际股份有限公司是一家主要从事供应链业务的投资控股公司。该公司通过两个分部运营业务。供应链分部从事从事多元工业及消费产品的贸易，主要 包括建筑材料、农业商品及医疗器械。分销业务分部从事分销色谱仪、分光光谱仪、电子显微镜等生命科学及一般实验室仪器，该分部还提供定制硬件及软 件和相关售后服务。 历年总营收、净利同比增长情况(%) ...

Yunnan Energy International Co. Limited 雲 能 國 際 股 份 有 限 公 司* 年 報 2024 * 僅 供 識 別 本年報採用環保紙印製 Yunnan Energy International Co. Limited 雲 能 國 際 股 份 有 限 公 司* (Incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 1298) (Singapore Stock Code: T43) * Annual Report 2024 This Annual Report is printed on environmentally friendly paper Yunn a 能 國 n E n erg y Int ern ation al Co. Li mite d 雲 際 股 份 有 限 公 司 * Annual Report 2024 年 報 管治報告 目錄 企業 雲能國際股份有限公司 二零二四年年度報告 1 2 主席報告 4 公司資料 5 管理層討論及分析 12 董事會 15 高級管理層 ...

Financial Performance - For the year ended December 31, 2024, the total revenue increased to HKD 576,615,000, representing a growth of 68.7% compared to HKD 341,863,000 in 2023[4] - The gross profit for the same period was HKD 29,895,000, up from HKD 10,083,000 in 2023, indicating a significant improvement in profitability[4] - The company reported a profit attributable to equity holders of HKD 491,000, a turnaround from a loss of HKD 4,970,000 in the previous year[4] - Total revenue for the year ended December 31, 2024, was HKD 576,615,000, representing a 68.7% increase from HKD 341,863,000 in 2023[18] - The company reported a pre-tax profit of HKD 491,000 for 2024, a significant recovery from a loss of HKD 4,970,000 in 2023[27] - The company achieved a profit of HKD 0.5 million in fiscal year 2024, recovering from a net loss of HKD 5 million in fiscal year 2023[49] Revenue Breakdown - The distribution business segment generated revenue of HKD 52,085,000, while the supply chain business segment contributed HKD 524,530,000, highlighting the latter's dominance in overall revenue[13] - Revenue from the supply chain business was HKD 524,530,000, accounting for 91% of total revenue, while distribution business revenue was HKD 52,085,000[19] - Revenue from China (including Hong Kong and Macau) reached HKD 367,196,000, up 32.5% from HKD 277,166,000 in 2023[19] - The company reported a significant increase in revenue from Asia (excluding China) to HKD 175,514,000, compared to HKD 61,819,000 in 2023[19] - Supply chain business revenue increased by 84.3% to HKD 524.5 million in fiscal year 2024, up from HKD 284.6 million in fiscal year 2023[39] Assets and Liabilities - The total assets as of December 31, 2024, were HKD 373,742,000, compared to HKD 318,631,000 in 2023, reflecting a growth of 17.3%[5] - The net current assets decreased to HKD 123,135,000 from HKD 165,203,000, indicating a decline of 25.5%[5] - The company’s total equity as of December 31, 2024, was HKD 164,117,000, slightly down from HKD 165,329,000 in 2023[5] - Trade receivables increased to HKD 141,709,000 in 2024, compared to HKD 93,102,000 in 2023, indicating improved collection efficiency[29] - Inventory as of December 31, 2024, was HKD 72.4 million, an increase of HKD 31.8 million from HKD 40.6 million on December 31, 2023[50] - Trade payables rose to HKD 55.5 million as of December 31, 2024, an increase of HKD 25.7 million from HKD 29.8 million on December 31, 2023[52] Expenses and Costs - The financing costs decreased to HKD 3,133,000 from HKD 4,059,000, showing a reduction of 22.8%[4] - Sales and distribution expenses increased by 365.7% to HKD 4.2 million in fiscal year 2024, primarily due to increased sales activities[46] - Administrative expenses decreased by 5.2% to HKD 13.0 million in fiscal year 2024, mainly due to reduced legal and professional fees[47] Future Plans and Strategies - The company plans to expand its distribution business in Southwest China, aiming for increased sales contracts by 2025[59] - The company intends to develop long-term supply agreements in coal and traditional Chinese medicine products, targeting stable large-scale trade by 2025[61] - The company aims to expand its business team in the next 12 months to meet growing market demands[63] - The company is actively exploring green energy project investments in Yunnan Province and Southeast Asia, aiming to expand installed capacity and enhance revenue and profit contributions[64] - By 2025, the company plans to deepen its market presence in Southeast Asia, focusing on green energy project investments in Laos and Myanmar[65] - The company aims to leverage its parent company's overseas network to expand its supply chain business in South Asia and Southeast Asia by 2025[65] Corporate Governance and Compliance - The company has not yet applied new or revised international financial reporting standards that have been issued but not yet effective, indicating a potential future impact on financial reporting[11] - The audit committee has reviewed the group's financial performance and has no objections to the accounting principles adopted[74] - The company has not engaged in any buybacks or sales of its listed securities during the fiscal year 2024[73] Dividend Policy - The company did not recommend a final dividend for the year ended December 31, 2024, consistent with 2023[25] - The board does not recommend the payment of a final dividend for the fiscal year ending December 31, 2024[69]

Financial Performance - Revenue for the first half of 2024 reached HKD 218,810 thousand, a 105.4% increase compared to HKD 106,779 thousand in the first half of 2023[66]. - The overall revenue for the first half of 2024 was HKD 218.8 million, an increase of 104.9% from HKD 106.8 million in the first half of 2023[23]. - The company reported a loss before tax of HKD 313 thousand for the first half of 2024, a substantial improvement from a loss of HKD 5,525 thousand in the first half of 2023[66]. - Total comprehensive loss for the first half of 2024 was HKD 974 thousand, compared to HKD 7,966 thousand in the first half of 2023, indicating a reduction in overall losses[68]. - The company’s total equity as of June 30, 2024, was HKD 164,355 thousand, a slight decrease from HKD 165,329 thousand at the end of 2023[69]. Distribution Business - Revenue from the distribution business decreased by 81.1% from HKD 16.4 million in the first half of 2023 to HKD 3.1 million in the first half of 2024, primarily due to delays in delivery and acceptance of equipment[17]. - The distribution business segment generated revenue of HKD 3.09 million for the six months ended June 30, 2024, compared to HKD 16.37 million in the same period of 2023, indicating a decline of about 81%[81]. - The distribution business primarily serves various companies and institutions, including hospitals, universities, and government agencies, all located in China[15]. - The distribution business model remained unchanged in the first half of 2024, focusing on identifying customer needs and providing after-sales services[15]. Supply Chain Business - The supply chain business continued to expand, focusing on construction materials, agricultural and metal products, and medical devices, enhancing revenue sources and profitability[18]. - In the first half of 2024, the company's supply chain business achieved revenue of HKD 215.7 million, a significant increase of 138.6% from HKD 90.4 million in the same period of 2023[22]. - The supply chain business segment reported revenue of HKD 215.72 million for the six months ended June 30, 2024, up from HKD 90.41 million in the prior year, reflecting an increase of approximately 138%[81]. - The supply chain business aims to establish long-term supply agreements in coal and mineral products, while also exploring new international trade opportunities[48]. Inventory and Receivables - Inventory as of June 30, 2024, was HKD 51.4 million, up from HKD 40.6 million at the end of 2023, due to an expanded range of products in the supply chain business[36]. - Trade receivables increased to HKD 162.8 million as of June 30, 2024, from HKD 93.1 million at the end of 2023, driven by increased revenues from agricultural and stainless steel products[36]. - Trade receivables as of June 30, 2024, amounted to HKD 162,807,000, up from HKD 93,102,000 at the end of 2023, reflecting a 74.8% increase[98]. Cash Flow and Current Assets - Cash flow from operating activities for the first half of 2024 was a net outflow of HKD 114,499 thousand, slightly improved from HKD 116,668 thousand in the same period of 2023[75]. - Current assets increased to HKD 368,044 thousand as of June 30, 2024, up from HKD 318,631 thousand at the end of 2023[69]. - Current liabilities rose to HKD 243,821 thousand as of June 30, 2024, compared to HKD 153,428 thousand at the end of 2023[69]. Debt and Liabilities - The capital debt ratio increased significantly to 93.8% as of June 30, 2024, from 55.3% at the end of 2023, reflecting a higher level of debt relative to equity[39]. - Loans from a related company amounted to RMB 140,616,000 (approximately HKD 154,127,000) as of June 30, 2024, with an interest rate of 2.5%[115]. - The group has no significant contingent liabilities as of June 30, 2024, and December 31, 2023[112]. Management and Strategy - The management team for the supply chain business consists of 11 experienced members, led by Mr. Ma, who has over 20 years of international trade experience[48]. - The company is exploring investment opportunities in green energy projects in Yunnan Province and Southeast Asia, aiming to expand energy capacity and improve profitability[50]. - The company plans to increase investments in green energy projects in Yunnan in the second half of 2024, including centralized and decentralized solar and wind energy projects[50]. Shareholding and Dividends - As of June 30, 2024, Baodi International Investment Limited holds a direct interest of 201,196,995 shares, representing approximately 73.05% of the company's issued share capital[56]. - The group did not declare any interim dividends for the first half of 2024, consistent with the same period in 2023[94]. Audit and Compliance - The audit committee has reviewed the unaudited interim results for the first half of 2024 and found no objections to the accounting principles and practices adopted by the company[60]. - The company adopted revised International Financial Reporting Standards, which did not have a significant impact on its financial position or performance[79].

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。 新加坡證券交易所有限公司概不對本公告內作出的任何陳述、載列的任何報告或 發表的任何意見的準確性承擔任何責任。 Yunnan Energy International Co. Limited 雲能國際股份有限公司 * （於百慕達註冊成立之有限公司） （香港股份代號：1298） （新加坡股份代號：T43） 截至2024年6月30日止六個月 未經審核中期業績公告 雲能國際股份有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（統稱為「本集團」）截至2024年6月30日止六個月（「2024年上半年」） 的未經審核簡明綜合中期業績連同截至2023年6月30日止六個月（「2023年上半年」） 比較數字如下： 1 未經審核簡明綜合損益及其他全面收益表 | --- | --- | --- | --- | |----------------------------------------- ...

（於百慕達註冊成立之有限公司） （香港股份代號：1298） （新加坡股份代號：T43） Yunnan Energy International Co. Limited 雲能國際股份有限公 司 * 2023 年報 Annual Report 2023 * 僅供識別 * for identication purpose only 本年報採用環保紙印製 This Annual Report is printed on environmentally friendly paper Yunnan Energy International Co. Limited 雲能國際股份有限公 司 * (Incorporated in Bermuda with limited liability) (Hong Kong Stock Code: 1298) (Singapore Stock Code: T43) Yunnan Energy International Co. Limited 雲能國際股份有限公 司 * Annual Report 2023 年報 目錄 2 主席報告 4 公司資料 5 管理層討論及分析 13 董事會 16 ...

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。 新加坡證券交易所有限公司概不對本公告內作出的任何陳述、載列的任何報告或 發表的任何意見的準確性承擔任何責任。 Yunnan Energy International Co. Limited 雲能國際股份有限公司 * （於百慕達註冊成立之有限公司） （香港股份代號：1298） （新加坡股份代號：T43） 截至2023年12月31日止年度 全年業績公告 雲能國際股份有限公司（「本公司」）之董事（「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2023年12月31日止年度之綜合業績及截至 2022年12月31日止年度之比較數字如下： * 僅供識別 1 綜合損益及其他全面收益表 截至2023年12月31日止年度 | | | 2023年 | 2022年 | | --- | --- | --- | --- | | | 附註 | 千港元 | 千港元 | | 收入 | 4 | 341,863 ...

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。 新加坡證券交易所有限公司概不對本公告內作出的任何陳述、載列的任何報告或 發表的任何意見的準確性承擔任何責任。 Yunnan Energy International Co. Limited 雲 能 國 際 股 份 有 限 公 司 * （於百慕達註冊成立之有限公司） （香港股份代號：1298） （新加坡股份代號：T43） 有關截至2022年12月31日止年度年報的補充公告 謹此提述雲能國際股份有限公司（「本公司」，連同其附屬公司，「本集團」）於2023 年4月28日刊發的截至2022年12月31日止年度之年報（「2022年年報」）。除非另有指 明，本公告所用詞彙與2022年年報所界定者具有相同涵義。 本公司董事會（「董事會」）謹此就財務報表附註24所載的「股份獎勵計劃」提供進一 步資料。 於2017年1月11日，本公司採納一項股份獎勵計劃（「股份獎勵計劃」）。根據股份獎 ...

中期報告 2023 本集團利用30多年來營運分銷業務所建立的廣泛客戶基礎、管理層及員工在國際供應 鏈界別的豐富經驗及網絡，加上本公司控股股東雲南省能源投資集團（「雲南能投集團」） 的支持，為其供應鏈業務物色不同的潛在客戶。此外，本集團參與政府及非政府界別 現有及潛在客戶的投標或報價邀請，並公開為提供供應鏈服務招標。 2023中期報告 4 雲能國際股份有限公司 雲能國際股份有限公司 5 2023中期報告 Interim Report 2023 目錄 該分銷業務主要透過識別本集團現有及潛在客戶需求（包括產品規格、客戶能承擔的 價錢等）、從多間供貨商採購產品以及向客戶供應產品經營業務。本集團亦就售出的 產品提供售後服務，例如測試、培訓及保養服務。分銷業務的業務模型於期內並無變動。 | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------------------------- ...

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。 新加坡證券交易所有限公司概不對本公告內作出的任何陳述、載列的任何報告或 發表的任何意見的準確性承擔任何責任。 Yunnan Energy International Co. Limited 雲 能 國 際 股 份 有 限 公 司 * （於百慕達註冊成立之有限公司） （香港股份代號：1298） （新加坡股份代號：T43） 截至2023年6月30日止六個月 未經審核中期業績公佈 雲能國際股份有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司 及其附屬公司（統稱為「本集團」）截至2023年6月30日止六個月（「2023年上半年」） 的未經審核簡明綜合中期業績連同截至2022年6月30日止六個月（「2022年上半年」） 比較數字如下： ...