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，並明確表示概不會就本公告全部或任何 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。 Luxxu Group Limited 勵 時 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1327） 截至二零二二年十二月三十一日止年度的 年度業績公告 財務摘要 • 截至二零二二年十二月三十一日止年度的收益約為人民幣64.4百萬元（二 零二一年：約人民幣70.7百萬元），較去年減少約8.9%。 • 截至二零二二年十二月三十一日止年度的毛利約為人民幣4.8百萬元（二零 二一年：約人民幣8.4百萬元），較去年減少約42.9%。 • 截至二零二二年十二月三十一日止年度的淨虧損約為人民幣48.2百萬元（二 ...

Financial Performance - The company's revenue increased by approximately RMB 4.4 million or 9.0% to RMB 53.4 million for the six months ended June 30, 2022, compared to RMB 49.0 million for the same period in 2021[6] - The cost of sales rose by approximately RMB 2.7 million or 6.0% to RMB 47.9 million for the six months ended June 30, 2022, from RMB 45.2 million in the prior year[7] - Gross profit increased by approximately RMB 1.8 million or 48.6% to RMB 5.5 million for the six months ended June 30, 2022, with a gross margin of 10.2% compared to 7.6% in the previous year[9] - The company's net loss for the six months ended June 30, 2022, was approximately RMB 16.7 million, an increase from a net loss of RMB 8.6 million for the same period in 2021[17] - The company reported a loss before tax of RMB 16,729,000, compared to a loss of RMB 8,632,000 in the previous year, indicating a deterioration in performance[49] - Total comprehensive loss for the period was RMB 13,385,000, compared to RMB 11,249,000 in the same period last year[49] Cash and Assets - The cash and bank balances totaled approximately RMB 5.2 million as of June 30, 2022, down from RMB 10.1 million as of December 31, 2021[20] - Cash and cash equivalents decreased to RMB 5,228,000 from RMB 10,134,000 at the end of the previous period, reflecting a cash outflow of RMB 5,101,000[54] - The company's total assets decreased to RMB 144,807,000 from RMB 161,097,000, a decline of approximately 10%[51] - Non-current assets decreased to RMB 27,338,000 from RMB 30,252,000, reflecting a reduction of about 10%[51] Investments and Losses - Other losses amounted to approximately RMB 7.3 million for the six months ended June 30, 2022, compared to a profit of RMB 4.6 million in the same period of 2021, primarily due to unrealized fair value losses on financial assets[10] - As of June 30, 2022, the group reported a total loss of RMB 5,343,000 from significant investments, with a total value of RMB 10,232,000, representing 5.9% of the group's total assets[31] - The group holds a 1.96% stake in China Automotive Interior Group Limited, with a fair value loss of RMB 908,000 and a total value of RMB 1,416,000 as of June 30, 2022[31] - The group incurred a loss of RMB 7,339,000 from other income and losses for the six months ended June 30, 2022, compared to a gain of RMB 4,627,000 in the same period of 2021[67] Employee and Salary Information - The total employee count decreased to 88 as of June 30, 2022, down from 108 as of December 31, 2021, with total salary costs amounting to approximately RMB 5.7 million for the six months ended June 30, 2022[33] - The total employee expenses, including directors' remuneration, amounted to RMB 5,672,000 for the six months ended June 30, 2022, down 16.2% from RMB 6,773,000 in the same period of 2021[74] Corporate Governance - The audit committee, composed of three independent non-executive directors, reviewed the accounting principles and discussed audit, internal control, and financial reporting matters for the six months ended June 30, 2022[46] - The group has adopted and complied with the corporate governance code as per the listing rules for the six months ended June 30, 2022[43] - The group confirmed that all directors complied with the standards set out in the code of conduct for securities transactions during the six months ended June 30, 2022[44] Dividends and Share Information - The board did not recommend any interim dividend for the six months ended June 30, 2022, consistent with the previous year[27] - The company reported a total of 539,136,000 shares issued and fully paid as of June 30, 2022, unchanged from January 1, 2022[83] - No stock options were granted under the share option scheme during the six months ended June 30, 2022, compared to 34,560,000 options granted in the same period of 2021[85] - The total number of unexercised stock options as of June 30, 2022, was 100,890,000, after accounting for 7,946,000 options that lapsed or were forfeited[86] Revenue Breakdown - Revenue for the six months ended June 30, 2022, was RMB 53,413,000, an increase of 9% compared to RMB 48,954,000 for the same period in 2021[49] - Revenue from branded watches for the six months ended June 30, 2022, was RMB 51,290,000, an increase of 11.0% compared to RMB 45,871,000 in the same period of 2021[63] - Revenue from customers in China for the six months ended June 30, 2022, was RMB 26,041,000, representing a 12.0% increase from RMB 23,218,000 in the same period of 2021[64] Trade Receivables and Inventory - Trade receivables increased to RMB 47,655,000 from RMB 45,445,000, showing a growth of about 5%[51] - Trade receivables as of June 30, 2022, amounted to RMB 78,851,000, an increase from RMB 74,645,000 as of December 31, 2021, representing a growth of 2.9%[80] - The expected credit loss provision for trade receivables was RMB 31,196,000 as of June 30, 2022, compared to RMB 29,200,000 as of December 31, 2021, indicating an increase of 6.8%[80] - The aging analysis of trade receivables shows that amounts overdue for 0 to 30 days increased to RMB 5,229,000 from RMB 3,233,000, a rise of 62.0%[80] - Inventory decreased to RMB 32,552,000 from RMB 37,895,000, indicating a reduction of approximately 14%[51] Future Plans and Strategy - The company plans to enhance its design and development capabilities by recruiting more talent and collaborating with renowned designers to offer fashionable and reasonably priced products[18] - The group will continue to maintain a diversified investment portfolio and closely monitor investment performance and market trends to adjust its investment strategy[31] Other Information - No purchases, redemptions, or sales of the company's listed securities were made by the company or its subsidiaries during the six months ended June 30, 2022[35] - The group did not hold any investments exceeding 1% of total assets or any investments contributing over 10% of realized or unrealized losses for the six months ended June 30, 2022[32] - There were no significant events affecting the group since the end of the reporting period[87] - The group is currently assessing the impact of newly revised Hong Kong Financial Reporting Standards, which are not expected to have a significant effect on the group's financial performance and position[60]

Financial Performance - Revenue for the year ended December 31, 2021, increased by approximately RMB 7.8 million or 12.4% to RMB 70.7 million compared to RMB 62.9 million for the year ended December 31, 2020[18]. - Gross profit for the year ended December 31, 2021, was RMB 8.35 million, a significant increase from RMB 2.15 million in 2020[7]. - The company reported a loss from continuing operations of RMB 43.86 million for the year ended December 31, 2021, compared to a loss of RMB 146.24 million in 2020[7]. - The group's net loss for the year ended December 31, 2021, was approximately RMB 439 million, a significant improvement from a net loss of RMB 1,462 million for the year ended December 31, 2020[50]. - Loss before tax decreased by approximately RMB 102.3 million to approximately RMB 43.9 million for the year ended December 31, 2021, compared to a loss of approximately RMB 146.2 million for the previous year[26]. - The company reported a net loss of RMB 43,859,000 for 2021, a reduction of 70% from a net loss of RMB 146,242,000 in 2020[168]. Assets and Liabilities - Total assets as of December 31, 2021, were RMB 191.35 million, down from RMB 206.44 million in 2020[8]. - The total liabilities increased to RMB 36.98 million in 2021 from RMB 17.23 million in 2020[8]. - The total equity as of December 31, 2021, was RMB 154.37 million, a decrease from RMB 189.21 million in 2020[8]. - The company’s total equity decreased to RMB 154,374,000 in 2021 from RMB 189,211,000 in 2020, indicating a decline in shareholder value[172]. - Total assets decreased to RMB 161,097,000 in 2021 from RMB 181,607,000 in 2020, reflecting a contraction in the asset base[170]. Cash Flow and Liquidity - Cash and bank balances totaled approximately RMB 10.1 million as of December 31, 2021, up from approximately RMB 5.3 million a year earlier, with a current ratio decreasing from 99.1 times to 11.8 times[29]. - Cash and cash equivalents increased to RMB 10,134,000 in 2021 from RMB 5,339,000 in 2020, showing improved liquidity[170]. - The net increase in cash and cash equivalents for the year 2021 was RMB 5,026,000, compared to RMB 3,689,000 in 2020, representing a year-over-year increase of approximately 36.3%[177]. - Operating cash flow for 2021 was a net outflow of RMB 2,295,000, an improvement from a net outflow of RMB 17,314,000 in 2020[175]. Inventory Management - Inventory provision decreased to RMB 31,150,000 in 2021 from RMB 36,301,000 in 2020, indicating better inventory management[168]. - The group reported inventory of approximately RMB 37,895,000 as of December 31, 2021, with significant judgment applied in estimating the net realizable value due to long-aging inventory caused by recent pandemic impacts[156]. Revenue Sources and Market Conditions - The group's major revenue sources include watch and jewelry manufacturing, trading, and retail, with detailed revenue analysis provided in the management discussion and analysis section of the annual report[48]. - The retail sales of jewelry, watches, and luxury gifts in Hong Kong increased by approximately 27.3% compared to 2020, indicating a recovery in the market[11]. - The company anticipates that 2022 will be a challenging year due to ongoing trade disputes and economic conditions in China[11]. Corporate Governance - The board of directors consists of five members, including two executive directors and three independent non-executive directors, complying with listing rules requiring at least three independent non-executive directors[108]. - The audit committee reviewed the annual performance for the year ended December 31, 2021, ensuring the integrity of the financial statements[42]. - The independent non-executive directors confirmed their independence according to the listing rules, ensuring compliance with governance standards[88]. - The board is responsible for overseeing the company's financial performance, major investments, and risk management strategies[115]. Risk Management - The group faces various financial risks, including liquidity risk, interest rate risk, and currency risk, which are crucial for its operational stability[51]. - The company has established a risk management and internal control system, which was reviewed and deemed effective and adequate by the board as of December 31, 2021[133]. Employee Compensation and Stock Options - The total employee compensation cost for the fiscal year was approximately RMB 12.2 million, compared to approximately RMB 11.5 million in the previous year[35]. - The company has granted a total of 79,460,000 stock options under its stock option plan as of December 31, 2021, compared to 34,560,000 options granted in 2020[68]. Compliance and Reporting - The financial statements for the year ended December 31, 2021, were audited by a new auditor appointed on January 13, 2021[101]. - The independent auditor's report confirms that the consolidated financial statements reflect the group's financial position accurately as of December 31, 2021[149]. - The financial reporting is based on historical cost, with certain financial instruments measured at fair value, ensuring transparency in asset valuation[181]. Environmental and Social Responsibility - The company has committed to sustainable development and effective resource utilization to minimize environmental impact[91]. - The company plans to publish its environmental, social, and governance report within five months after the end of each financial year[94].

中期報告 2021 目錄 | 管理層討論及分析 | 2 | | --- | --- | | 簡明綜合損益及其他全面收益表 | 10 | | 簡明綜合財務狀況表 | 11 | | 簡明綜合權益變動表 | 12 | | 簡明綜合現金流量表 | 13 | | 簡明綜合中期財務報表附註 | 14 | 1 中期報告 2021 目錄 管理層討論及分析 概覽 於二零二一年上半年，本集團繼續專注於業務經營，(i) 與不同行業專家合作設計及銷售豪華高端手錶及 配件，包括但不限於鑽石陀飛輪手錶及奢華珠寶手錶；(ii) 為OEM 客戶設計、生產及組裝手錶；及(iii) 生 產及銷售我們自有品牌的手錶。 隨著新冠疫情後經濟復甦，香港零售業銷售全面增長，截至二零二一年六月三十日止六個月的銷售有所 增加。根據香港政府統計處數據，相比於二零二零年，於截至二零二一年六月三十日止六個月，香港珠寶、 手錶及鐘錶以及名貴禮品類零售額增加約34.2%。 截至二零二一年六月三十日止六個月本集團的虧損淨額為約人民幣8.6百萬元，較截至二零二零年六月 三十日止六個月的虧損約人民幣16.3百萬元有所減少。該減少主要是由於毛利增加、銷售及分銷費用減 少及其他 ...

勵時集團有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1327） 年 報 2020 Luxxu Group Limited 勵時集團有限公司 ANNUAL REPORT 2020 年報 目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 3 | | 董事報告 | 4 | | 管理層討論及分析 | 6 | | 董事會報告 | 11 | | 董事履歷 | 19 | | 企業管治報告 | 20 | | 獨立核數師報告 | 29 | | 綜合損益及其他全面收益表 | 35 | | 綜合財務狀況表 | 36 | | 綜合權益變動表 | 38 | | 綜合現金流量表 | 39 | | 綜合財務報表附註 | 41 | 1 勵時集團有限公司 ••• 2020年報 目錄 公司資料 董事會 執行董事 施清泉先生 楊淅先生 鄒偉康先生 獨立非執行董事 余俊敏先生 段白麗女士 鍾維立先生 公司秘書 賴雅明先生 董事委員會 審核委員會 余俊敏先生 （主席） 段白麗女士 鍾維立先生 薪酬委員會 余俊敏先生 （主席） 楊淅先生 段白麗女士 鍾維立先生 提名委員會 余俊敏先生 （主席） 施清泉先生 段白麗 ...

（前稱「Time2U International Holding Limited 時間由你國際控股有限公司」） （於開曼群島註冊成立的有限公司） （股份代號：1327） (formerly known as "Time2U International Holding Limited 時間由你國際控股有限公司") (incorporated in the Cayman Islands with limited liability) (Stock code: 1327) 目錄 | 管理層討論及分析 | 2 | | --- | --- | | 簡明綜合損益及其他全面收益表 | 9 | | 簡明綜合財務狀況表 | 10 | | 簡明綜合權益變動表 | 11 | | 簡明綜合現金流量表 | 12 | | 簡明綜合中期財務報表附註 | 13 | 1 中期報告 2020 目錄 管理層討論及分析 我們的收益由截至二零一九年六月三十日止六個月約人民幣61.7百萬元減少約人民幣20.4百萬元或 33.1% 至截至二零二零年六月三十日止六個月約人民幣41.3百萬元。收益減少主要由於冠狀病毒的爆 發導致銷售減少所致。 銷售成本 我們 ...

年 報 2019 勵時集團有限公司 （於開曼群島註冊成立的有限公司） （前稱「Time2U International Holding Limited 時間由你國際控股有限公司」） （股份代號：1327） | 公司資料 | 2 | | --- | --- | | 財務摘要 | 3 | | 董事報告 | 4 | | 管理層討論及分析 | 6 | | 董事會報告 | 10 | | 董事履歷 | 17 | | 企業管治報告 | 18 | | 獨立核數師報告 | 27 | | 綜合損益及其他全面收益表 | 32 | | 綜合財務狀況表 | 33 | | 綜合權益變動表 | 35 | | 綜合現金流量表 | 36 | | 綜合財務報表附註 | 38 | 1 勵時集團有限公司 ••• 2019年報 目錄 公司資料 董事會 Luxxu Group Limited 勵時集團有限公司 ANNUAL REPORT 2019 年報 目錄 施清泉先生 楊淅先生 鄒偉康先生 獨立非執行董事 余俊敏先生 段白麗女士 鍾維立先生 公司秘書 賴雅明先生 董事委員會 執行董事 審核委員會 余俊敏先生 （主席） 段白麗女士 鍾維立先生 薪酬委員 ...

中期報告 2019 目錄 | 管理層討論及分析 | 2 | | --- | --- | | 簡明綜合損益及其他全面收益表 | 10 | | 簡明綜合財務狀況表 | 11 | | 簡明綜合權益變動表 | 12 | | 簡明綜合現金流量表 | 13 | | 簡明綜合中期財務報表附註 | 14 | 1 中期報告 2019 目錄 管理層討論及分析 概覽 本集團有三條主要業務線，即為我們的OEM 客戶設計、生產及組裝手錶，並以品牌時間由你、榮凱及副 品牌Color設計、製造及銷售手錶及於香港設計及銷售新品牌手錶（即Extreme）以及豪華高端手錶及珠寶。 於二零一九年，本集團繼續專注於其業務方向及業務專注於奢侈品市場，(i) 與不同行業專家合作設計及 銷售豪華高端手錶、奢侈消費品、珠寶及生活消費品，包括但不限於鑽石陀飛輪手錶及奢華珠寶手錶；(ii) 為OEM 客戶設計、生產及組裝手錶；及(iii) 設計、生產及銷售我們自有品牌的手錶。 於本年度上半年，消費市場整體經濟蓬勃。然而，由於中美貿易爭端的持續、政治及社會持續動盪及中 國經濟下行，從而導致消費者熱情下降，本年度下半年的銷售受到中美貿易爭端產生的不穩定性及香港 政 ...

年 報 2018 Time2U International Holding Limited 時間由你國際控股有限公司 ANNUAL REPORT 2018 年報 目錄 | 公司資料 | 2 | | --- | --- | | 財務摘要 | 3 | | 董事報告 | 4 | | 管理層討論及分析 | 6 | | 董事會報告 | 11 | | 董事履歷 | 18 | | 企業管治報告 | 19 | | 獨立核數師報告 | 28 | | 綜合損益及其他全面收益表 | 35 | | 綜合財務狀況表 | 37 | | 綜合權益變動表 | 39 | | 綜合現金流量表 | 40 | | 綜合財務報表附註 | 42 | 1 時間由你國際控股有限公司 ••• 2018年報 目錄 公司資料 董事會 執行董事 施清泉先生 楊淅先生 鄒偉康先生 獨立非執行董事 余俊敏先生 段白麗女士 鍾維立先生 公司秘書 授權代表 施清泉先生 賴雅明先生 股份代號 賴雅明先生 董事委員會 審核委員會 余俊敏先生 （主席） 段白麗女士 鍾維立先生 薪酬委員會 余俊敏先生 （主席） 楊淅先生 段白麗女士 鍾維立先生 提名委員會 余俊敏先生 （主席） ...