财务数据显示，截至2024年12月31日，惠生国际实现营业总收入4427.9万元，同比减少35.17%；归母净 利润-2452万元，同比增长83.02%；毛利率1.22%，资产负债率15.82%。 6月3日，截至港股收盘，恒生指数上涨1.53%，报23512.49点。惠生国际（01340.HK）收报0.038港元/ 股，上涨11.76%，成交量44.4万股，成交额1.63万港元，振幅11.76%。 最近一个月来，惠生国际累计跌幅2.86%，今年来累计跌幅2.86%，跑输恒生指数15.44%的涨幅。 机构评级方面，目前暂无机构对该股做出投资评级建议。 行业估值方面，农业产品行业市盈率（TTM）平均值为4.5倍，行业中值2.56倍。惠生国际市盈率-1.18 倍，行业排名第22位；其他洪九果品（06689.HK）为1.87倍、中国淀粉（03838.HK）为2.1倍、大成糖 业（03889.HK）为3.02倍、广南(集团)（01203.HK）为4.84倍、德康农牧（02419.HK）为6.11倍。 （以上内容为金融界基于公开消息，由程序或算法智能生成，不作为投资建议或交易依据。） 来源：金融界 资料显示，惠生国际控股 ...

5月9日，截至港股收盘，恒生指数上涨0.4%，报22867.74点。惠生国际（01340.HK）收报0.04港元/ 股，上涨11.11%，成交量329.2万股，成交额14.31万港元，振幅30.56%。 最近一个月来，惠生国际累计涨幅9.09%，今年来累计涨幅2.86%，跑输恒生指数13.54%的涨幅。 财务数据显示，截至2024年12月31日，惠生国际实现营业总收入4427.9万元，同比减少35.17%；归母净 利润-2452万元，同比增长83.02%；毛利率1.22%，资产负债率15.82%。 （以上内容为金融界基于公开消息，由程序或算法智能生成，不作为投资建议或交易依据。） 机构评级方面，目前暂无机构对该股做出投资评级建议。 来源：金融界 行业估值方面，农业产品行业市盈率（TTM）平均值为4.41倍，行业中值2.31倍。惠生国际市盈率-1.25 倍，行业排名第22位；其他洪九果品（06689.HK）为1.87倍、中国淀粉（03838.HK）为2.07倍、大成糖 业（03889.HK）为2.55倍、德康农牧（02419.HK）为3.75倍、广南(集团)（01203.HK）为4.38倍。 资料显示，惠生国际 ...

Financial Performance - For the fiscal year ending December 31, 2024, the company recorded revenue of approximately RMB 44,300,000, a decrease of about 35.2% or RMB 24,000,000 compared to RMB 68,300,000 in 2023[17]. - The gross profit for the year was approximately RMB 500,000, compared to RMB 100,000 in 2023[17]. - The revenue from the pig slaughtering and meat trading business decreased by approximately RMB 21,000,000 or 32.1% to about RMB 44,300,000 in 2024[17]. - The company reported a loss attributable to owners of approximately RMB 24,500,000 for 2024, a significant decrease from a loss of RMB 144,400,000 in 2023[20]. - The company faced challenges in the pipeline system products business, resulting in zero revenue for the year, compared to RMB 3,100,000 in 2023[17]. - Total revenue for the year ended December 31, 2024, was RMB 44,279,000, a decrease of 35.2% compared to RMB 68,297,000 in 2023[189]. - Gross profit for 2024 was RMB 542,000, representing a significant increase from RMB 138,000 in 2023[189]. - The company reported a pre-tax loss of RMB 24,214,000 for 2024, an improvement from a loss of RMB 146,935,000 in 2023[189]. - The net loss attributable to the owners of the company for 2024 was RMB 24,520,000, compared to RMB 144,372,000 in 2023, indicating a reduction in losses[190]. - Basic and diluted loss per share for 2024 was RMB 2.71, improving from RMB 16.39 in 2023[190]. Expenses and Cost Management - The company experienced a reduction in administrative expenses by approximately RMB 2,200,000 or 14.9% to about RMB 12,500,000 in 2024[19]. - The company’s sales and distribution expenses decreased from approximately RMB 53,000 to about RMB 46,000[18]. - The company’s pig purchasing prices increased due to difficulties in procurement caused by heavy rains in June 2024, impacting overall sales costs[10]. - The group aims to optimize resource allocation and implement cost control measures in its slaughtering and pipeline system product businesses[36]. Assets and Liabilities - As of December 31, 2024, the group maintained cash and bank balances of approximately RMB 397.8 million, an increase from RMB 389.8 million in 2023[21]. - The current ratio as of December 31, 2024, was 5.7, slightly down from 5.9 in 2023[21]. - Total equity as of December 31, 2024, was approximately RMB 393.7 million, a decrease from RMB 416.7 million in 2023[21]. - The group had no outstanding borrowings as of December 31, 2024, consistent with 2023[22]. - The debt-to-equity ratio was zero as of December 31, 2024, unchanged from 2023[25]. - Non-current assets decreased to RMB 50,070,000 in 2024 from RMB 73,675,000 in 2023, reflecting a decline of 32.2%[192]. - Current assets increased slightly to RMB 417,636,000 in 2024 from RMB 413,802,000 in 2023[192]. - Total liabilities increased to RMB 3,336,000 as of December 31, 2024, compared to RMB 2,606,000 at the beginning of the year, reflecting increased borrowing[197]. Corporate Governance - The board of directors includes both executive and independent non-executive members, with specific terms for re-election at the annual general meeting[69]. - The company has confirmed the independence of all independent non-executive directors in accordance with listing rules[72]. - The board is committed to enhancing corporate governance and has implemented a diversity policy to improve performance quality, considering factors such as gender, age, and professional experience[115]. - The company has adopted all the code provisions of the Corporate Governance Code as set out in Appendix C1 of the Listing Rules[102]. - The company established a remuneration committee on February 11, 2014, to review the remuneration policies for all directors and senior management, ensuring transparency and alignment with corporate goals[122]. - The audit committee was established on February 11, 2014, to oversee the integrity of financial statements and monitor the company's financial controls and risk management systems[136]. - The company has arranged appropriate liability insurance for its directors and senior officers during the year[152]. Shareholder Relations and Dividends - The board did not recommend the declaration of a final dividend for the year ending December 31, 2024, consistent with 2023[30]. - The company adopted a dividend policy on December 31, 2018, considering factors such as profitability and financial condition when declaring dividends[168]. - The board will consider the group's profitability and future operational plans when deciding on dividend payments[169]. Environmental and Social Responsibility - The company is actively involved in environmental sustainability initiatives, including waste management facilities at its farms and production bases[60]. - The company is currently engaged in a key national research and development project focused on dynamic nutritional needs and precision nutrition supply technology for pigs and poultry[41]. Employee Relations - The company has not experienced any significant disputes with employees, suppliers, or customers during the year ending December 31, 2024[67]. - The company is committed to providing clear career development paths and opportunities for skill enhancement to motivate its employees[64]. - Each employee holds no more than 1% of the company's shares[83]. Audit and Compliance - The independent auditor confirmed that the consolidated financial statements reflect a true and fair view of the group's financial position as of December 31, 2024[173]. - The auditor's report does not cover other information included in the annual report, which is the responsibility of the board[179]. - The audit committee met with external auditors to discuss compliance and financial reporting matters, with no disagreements noted[139]. - The company confirmed that all directors complied with the securities trading code of conduct during the year ending December 31, 2024[120].

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之內容概不負 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之任何損失承擔任何責任。 HUISHENG INTERNATIONAL HOLDINGS LIMITED 惠生國際控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1340） 截至二零二四年十二月三十一日止年度 年度業績公告 惠生國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然 宣佈本公司及其附屬公司（「本集團」）截至二零二四年十二月三十一日止年度 的經審核綜合業績（「全年業績」）以及截至二零二三年十二月三十一日止年度 之可比較金額。 1 綜合損益及其他全面收益表 截至二零二 四 年十二月三十一日止年度 | | | 二零二 四年 | 二零二 三年 | | --- | --- | --- | --- | | | 附註 | 人民幣千元 | 人民幣千元 | | 收益 | 5 | 44,279 | 68,297 | | 銷售成本 | | (43,737) | (68,159) | | 毛利 | | 542 | ...

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of RMB 31,817 thousand, a decrease of 22.6% compared to RMB 42,862 thousand in the same period of 2023[2] - The gross loss for the period was RMB 1,833 thousand, compared to a gross profit of RMB 1,718 thousand in the previous year[2] - The company incurred a loss before tax of RMB 8,599 thousand, significantly higher than the loss of RMB 1,636 thousand reported in the same period last year[2] - The total comprehensive loss attributable to owners of the company was RMB 8,490 thousand, compared to a loss of RMB 18,405 thousand in the same period of 2023[3] - Total revenue for the six months ended June 30, 2024, was RMB 31,817 thousand, with a pre-tax loss of RMB (8,599) thousand[12][13] - The company reported a loss attributable to shareholders of approximately RMB 8,551,000 for the six months ended June 30, 2024, compared to a loss of RMB 4,796,000 for the same period in 2023, with a weighted average of 884,069,000 shares outstanding[32] - The group recorded revenue of approximately RMB 31.8 million, a decrease of about 25.9% or RMB 11.1 million compared to RMB 42.9 million in the same period last year[50] - The group experienced a gross loss of approximately RMB 1.8 million for the six months ended June 30, 2024, compared to a gross profit of approximately RMB 1.7 million in the same period last year[50] - The pork business revenue decreased by approximately 21.6% or RMB 7.9 million to approximately RMB 31.8 million, while the pipeline business revenue was zero compared to RMB 3.2 million in the previous year[50] Assets and Liabilities - Trade receivables increased to RMB 27,307 thousand from RMB 16,936 thousand, indicating a rise of 60.1%[4] - The company's total assets decreased to RMB 425,909 thousand from RMB 413,802 thousand, reflecting a marginal increase of 2.6%[4] - The company’s equity attributable to owners decreased to RMB 414,462 thousand from RMB 420,888 thousand, a decline of 1.0%[5] - Total assets as of June 30, 2024, were RMB 496,736 thousand, an increase from RMB 487,477 thousand at the end of the previous period[19] - Total liabilities for the reportable segments increased to RMB 66,263 thousand from RMB 53,453 thousand[19] - Trade receivables, net of expected credit loss provisions, increased to RMB 27,307,000 as of June 30, 2024, from RMB 16,936,000 as of December 31, 2023[35] - The expected credit loss provision for trade receivables rose to RMB 15,546,000 as of June 30, 2024, compared to RMB 13,125,000 as of December 31, 2023[36] - Trade payables increased significantly to RMB 25,459,000 as of June 30, 2024, from RMB 12,072,000 as of December 31, 2023[39] Cash Flow - Cash and cash equivalents at the end of the period were RMB 392,343 thousand, slightly down from RMB 400,085 thousand at the end of the previous year[7] - The net cash generated from operating activities was RMB 1,867 thousand, compared to a net cash used of RMB (13,718) thousand in the previous period[8] - The net cash generated from investing activities was RMB 525 thousand, down from RMB 602 thousand[8] - The net increase in cash and cash equivalents was RMB 2,392 thousand, compared to a decrease of RMB (13,116) thousand in the prior period[8] - The company’s cash and cash equivalents at the beginning of the period were RMB 389,836 thousand, down from RMB 416,389 thousand[8] - As of June 30, 2024, the group had cash and bank balances of approximately RMB 392.3 million, compared to RMB 389.8 million as of December 31, 2023[52] Expenses and Costs - The company reported an increase in administrative expenses to RMB 7,389 thousand from RMB 8,253 thousand, a decrease of 10.5%[2] - The company incurred total employee costs of RMB 662,000 for the six months ended June 30, 2024, down from RMB 1,343,000 in the same period of 2023, indicating a reduction of 50.7%[31] - Depreciation of property, plant, and equipment amounted to RMB 2,776,000, a decrease from RMB 4,525,000 in the previous year, representing a decline of 38.7%[31] - Interest income totaled RMB 746,000, down from RMB 790,000 in the previous year, reflecting a decrease of 5.6%[26] Taxation - The company reported no income tax expense for the current period, compared to RMB 3,346,000 in the previous year due to prior year provisions[27][30] - The company has not recognized deferred tax impacts during the reporting period, benefiting from tax exemptions for agricultural business operations[29] - The effective tax rate in Japan is approximately 30.6%, impacting the company's tax liabilities in that region[30] Share Capital and Dividends - No interim dividend was declared or paid for the six months ended June 30, 2024, consistent with the previous year[33] - The company issued 42,000,000 new ordinary shares on June 17, 2024, raising approximately RMB 390,000 in share capital and RMB 1,674,000 in share premium after deducting issuance costs[41] - The company’s total equity increased to RMB 7,698,000 as of June 30, 2024, reflecting the new share issuance[41] - The company's issued shares increased from 880,838,000 to 922,838,000 shares during the six months ending June 30, 2024[59] - The company issued 42,000,000 subscription shares at a price of HKD 0.053 per share on June 17, 2024, as part of a joint venture and service fee for slaughtering license application[59] Corporate Governance - The company has adopted the corporate governance code as per the listing rules, ensuring compliance and regular reviews[69] - The audit committee consists of three independent non-executive directors, enhancing oversight of financial reporting and risk management[69] - The company has confirmed that all directors have complied with the standard code of conduct for securities trading[68] - The company has appointed a new independent non-executive director and committee chair, ensuring fresh oversight[69] - The company is committed to maintaining and improving its corporate governance standards through regular reviews[69] Business Strategy and Market Outlook - The company is currently conducting trial operations at its joint venture slaughterhouse to assess its future operational capabilities[61] - The company anticipates a more significant market role and increased market share due to rising pig prices and ongoing market monitoring[61] - The company is exploring diversified business opportunities to create new revenue streams and enhance profitability[61] - The company is focused on expanding its pork product trade business and developing new partnerships in Southeast Asia[67] - The company acknowledges the risks associated with fluctuating pig prices due to various factors, including policy changes and market demand[61] Share Options - The new share option plan adopted on June 30, 2023, allows for the issuance of up to 88,083,800 shares, representing approximately 9.5% of the company's issued capital[62] - The company aims to attract and retain talent through the new share option plan, which aligns the interests of participants with those of shareholders[63] - The company granted a total of 88,080,000 share options, which will expire on July 27, 2024[67] - No share options were exercised, cancelled, or lapsed during the six months ending June 30, 2024, maintaining the total granted[67] - Each employee holds no more than 1% of the company's shares, indicating a broad distribution of equity incentives[65]

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of RMB 31,817,000, a decrease of 25.8% compared to RMB 42,862,000 for the same period in 2023[1] - The gross loss for the period was RMB 1,833,000, compared to a gross profit of RMB 1,718,000 in the previous year[1] - The company recorded a pre-tax loss of RMB 8,599,000, significantly higher than the pre-tax loss of RMB 1,636,000 in the same period last year[2] - The total comprehensive loss attributable to owners of the company was RMB 8,490,000, compared to a comprehensive loss of RMB 18,405,000 in the previous year[2] - The basic and diluted loss per share for the period was RMB 0.97, compared to RMB 0.54 in the previous year[2] - For the six months ended June 30, 2024, the total revenue was RMB 31,817,000, a decrease of 24.5% compared to RMB 42,862,000 for the same period in 2023[11][15][17] - The segment loss for the pig slaughtering and meat trading division was RMB (4,545,000), while the pipeline system products division reported a loss of RMB (1,000) for the same period[11][12] - The company reported a loss attributable to owners of approximately RMB 8,551,000 for the six months ended June 30, 2024, compared to a loss of RMB 4,796,000 for the same period in 2023[23] - The pork business revenue decreased by approximately 21.6% to RMB 31.8 million, down from RMB 39.7 million in the previous year[40] - The pipeline business reported zero revenue for the six months ended June 30, 2024, compared to RMB 3.2 million in the previous year[40] - Administrative expenses for the six months ended June 30, 2024, were approximately RMB 7.4 million, down from RMB 8.3 million in the previous year, reflecting a decrease of about 10.8%[40] Assets and Liabilities - As of June 30, 2024, total assets amounted to RMB 425,909,000, an increase from RMB 413,802,000 at the end of 2023[3] - Current liabilities increased to RMB 85,498,000 from RMB 70,511,000 at the end of 2023, primarily due to an increase in trade payables[4] - The company's cash and cash equivalents stood at RMB 392,343,000, slightly up from RMB 389,836,000 at the end of 2023[3] - The net asset value of the company was RMB 410,986,000, down from RMB 416,688,000 at the end of 2023[4] - Total assets as of June 30, 2024, amounted to RMB 490,388,000, an increase of 1.8% from RMB 481,047,000 as of December 31, 2023[14] - The total liabilities increased to RMB 66,263,000 as of June 30, 2024, compared to RMB 53,453,000 as of December 31, 2023, reflecting a rise of 24%[14] - Trade receivables increased to RMB 42,853,000 as of June 30, 2024, up from RMB 30,061,000 as of December 31, 2023[27] - The provision for expected credit losses on trade receivables rose to RMB 15,546,000 as of June 30, 2024, compared to RMB 13,125,000 as of December 31, 2023[28] - Trade payables increased significantly to RMB 25,459,000 as of June 30, 2024, compared to RMB 12,072,000 as of December 31, 2023, representing an increase of approximately 111.5%[31] Cash Flow and Financial Management - Interest income from bank deposits was RMB 575,000, slightly down from RMB 602,000 in the previous year[17] - Government grants received during the period amounted to RMB 1,261,000, which was not reported in the previous year[17] - The company incurred a tax expense of RMB 1,805,000 for the six months ended June 30, 2024, compared to RMB 1,577,000 for the same period in 2023[21] - The company recorded a loss before tax of RMB (8,599,000) for the six months ended June 30, 2024, compared to a loss of RMB (1,636,000) for the same period in 2023[21] - The total new additions of property, plant, and equipment during the interim period were approximately RMB 50,000, significantly lower than RMB 4,216,000 for the same period in 2023[25] - The fair value of trading investments was approximately RMB 4,917,000 as of June 30, 2024, compared to RMB 4,541,000 as of December 31, 2023[26] - Other receivables, net of expected credit loss provisions, were RMB 1,342,000 as of June 30, 2024, down from RMB 2,489,000 as of December 31, 2023, indicating a decrease of approximately 46.0%[30] Corporate Governance and Management Changes - 黄玉麟辞任独立非执行董事，自2024年2月6日起生效[60] - 陈冠楠被任命为独立非执行董事及多个委员会主席，自2024年2月6日起生效[60] - 审核委员会由三名独立非执行董事组成，陈冠楠为主席[61] - 截至2024年6月30日的未审计简明综合财务报表已与管理层审阅[61] - 中期业绩公告将于香港交易所及公司网站发布[62] - 中期报告将及时寄发给公司股东[62] - 董事会包括执行董事覃媛玲及三名独立非执行董事[63] Strategic Initiatives - The company successfully obtained a slaughter license in 2024, which is expected to enhance operational capabilities[37] - The company adopted a more conservative strategy for the pipeline system products business, which was suspended in the first half of 2024 due to economic downturns and increased costs[39] - The group is currently conducting trial operations at a joint venture slaughterhouse to assess its potential for full operation, which aims to improve production efficiency and reduce costs[56] - The company is exploring diversified business opportunities to develop more profitable operations and create new revenue sources, anticipating a larger market share in the future[56] Employment and Share Capital - As of June 30, 2024, the company employed 30 staff members, an increase from 21 as of December 31, 2023[50] - The issued share capital increased from 880,838,000 shares to 922,838,000 shares during the reporting period, following the issuance of 42,000,000 subscription shares[51] - There were no significant acquisitions or disposals of subsidiaries, associates, or joint ventures during the review period[46] - The group maintained a debt-to-equity ratio of 0 as of June 30, 2024, consistent with the previous reporting period[43] - The group has no foreign exchange hedging in place but monitors foreign exchange risks and will consider hedging when necessary[44] - The board has resolved not to declare any interim dividend for the six months ended June 30, 2024, consistent with the previous year[49]

Revenue and Profitability - The group's revenue from pig slaughtering and meat trading slightly decreased from approximately RMB 65,900,000 in 2022 to RMB 65,200,000 in 2023, with pork prices fluctuating between RMB 14.20 and RMB 17.50 per kilogram[6]. - For the fiscal year ending December 31, 2023, the group recorded revenue of approximately RMB 68,300,000, a decrease of about 6.4% or RMB 4,700,000 compared to approximately RMB 72,900,000 in 2022[13]. - The gross profit for the year was approximately RMB 100,000, down from RMB 1,800,000 in 2022, primarily due to a decrease in revenue from pipeline system products[13]. - The group reported a loss attributable to owners of the company of approximately RMB 144,400,000 for 2023, compared to a loss of RMB 5,600,000 in 2022, with the increase in loss mainly due to impairment losses and depreciation[15]. - The company reported a total loss for the year of RMB 150,282,000, compared to a loss of RMB 8,957,000 in the previous year, reflecting a substantial increase in losses[191]. - Basic and diluted loss per share was RMB 16.39, compared to RMB 0.64 in 2022, highlighting a significant deterioration in earnings per share[194]. - The total comprehensive loss for the year was RMB 148,289,000, compared to RMB 13,159,000 in 2022, indicating a significant increase in overall losses[194]. Asset and Liquidity Management - As of December 31, 2023, the group maintained cash and bank balances of approximately RMB 389,800,000, down from RMB 416,400,000 in 2022[17]. - The current ratio as of December 31, 2023, was 5.9, compared to 5.1 in 2022, indicating improved liquidity[17]. - Non-current assets decreased from RMB 195,521,000 in 2022 to RMB 73,675,000 in 2023, indicating a substantial reduction in asset base[196]. - Current assets also declined from RMB 455,991,000 in 2022 to RMB 413,802,000 in 2023, reflecting a decrease in liquidity[196]. - Cash and cash equivalents decreased from RMB 416,389,000 in 2022 to RMB 389,836,000 in 2023, reflecting a decline in cash reserves[196]. - Total net assets decreased from RMB 560,977 thousand in 2022 to RMB 416,688 thousand in 2023, representing a decline of approximately 25.7%[199]. - Equity attributable to owners of the company fell from RMB 563,583 thousand in 2022 to RMB 420,888 thousand in 2023, a decrease of about 25.3%[199]. Impairment and Losses - The company recognized impairment losses of approximately RMB 59.9 million due to severe weather conditions affecting its farms[10]. - The Group recognized an impairment loss of approximately RMB 59,869,000 for property, plant, and equipment this year, compared to no impairment loss in 2022[178]. - The impairment assessment was influenced by factors such as prolonged low domestic pork prices and the ongoing outbreak of African swine fever, indicating a need for significant management judgment[177][178]. - The audit focused on the management's judgments and estimates related to the impairment assessment due to its significance[179]. Business Operations and Strategy - The company plans to restart its slaughtering business, which is expected to improve profit margins after obtaining operational and slaughtering permits[7]. - The company has adopted a conservative strategy in its breeding business, refraining from large-scale breeding operations due to low pork prices and the impact of African swine fever[9]. - The company has established a joint venture with partners to restore its pig slaughtering operations, which is anticipated to lower production costs further[7]. - The company has taken measures to outsource pig slaughtering processes to independent slaughterhouses to maintain operations[6]. - The group plans to optimize resource allocation between slaughtering and pipeline system product businesses to enhance cost control and shareholder benefits[32]. Corporate Governance and Compliance - The company has adopted all corporate governance codes as per the listing rules and has complied with these codes throughout the year[102]. - The board consists of four members, including one executive director and three independent non-executive directors, meeting the requirement of at least three independent directors[103]. - The independent non-executive directors have confirmed their independence as per the listing rules, ensuring no conflicts of interest[109]. - The company has established a written guideline for employees regarding securities trading to prevent insider trading violations[120]. - The board is responsible for overseeing the company's strategy, financial performance, and risk management policies[107]. Employee and Director Matters - The company emphasizes employee development and has established long-term relationships with suppliers to ensure quality and ethical standards[65]. - The executive directors' service contracts are for an initial term of three years, automatically renewing for one year unless terminated[70]. - The remuneration committee held two meetings in 2023 to review the compensation policies for all directors and senior management, with full attendance from its members[125]. - The company aims to attract and retain talent through the stock option plan, providing additional rewards for contributions to the company's value[79]. Environmental and Sustainability Efforts - The group has installed waste treatment facilities at its farms and production bases to promote environmental sustainability[62]. - The company has established a Mandatory Provident Fund scheme for all eligible Hong Kong employees, contributing 5% of relevant income, capped at HKD 30,000 per month[57]. Dividend Policy - The board does not recommend the declaration of a final dividend for the year ending December 31, 2023[27]. - The company has adopted a dividend policy since December 31, 2018, which considers factors such as profitability and financial condition when declaring dividends[166]. - The board will review the dividend policy periodically, with no guarantee of specific dividend amounts being declared at any given time[168].

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之內容概不負 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之任何損失承擔任何責任。 HUISHENG INTERNATIONAL HOLDINGS LIMITED 惠生國際控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：1340） 截至二零二三年十二月三十一日止年度 年度業績公告 惠 生 國 際 控 股 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（「本集團」）截 至 二 零 二 三 年 十 二 月 三 十 一 日 止 年 度 的 未 經 審 核 綜 合 業 績（「全年業績」）以 及 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 可 比 較 金 額。 1 綜合損益及其他全面收益表 截至二零二三年十二月三十一日止年度 | 二零二三年 | 二零二二年 | 人民幣千元 | 附 | 人民幣千元 | 註 | | | | | | | | ...

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 42,862,000, an increase of 130.5% compared to RMB 18,567,000 in the same period of 2022[4] - Gross profit for the same period was RMB 1,718,000, compared to a gross loss of RMB 1,326,000 in 2022[4] - The company reported a net loss of RMB 4,982,000 for the six months ended June 30, 2023, compared to a net loss of RMB 968,000 in the prior year[4] - Total comprehensive loss for the period was RMB 18,682,000, compared to a total comprehensive income of RMB 11,116,000 in 2022[6] - Basic and diluted loss per share for the period was RMB 0.54, compared to RMB 0.05 in the same period of 2022[6] - The company reported a loss attributable to owners of the company of approximately RMB 4,796,000 for the six months ended June 30, 2023, compared to a loss of RMB 415,000 for the same period in 2022[43] Cash Flow and Assets - Cash and cash equivalents at the end of the period were RMB 400,085,000, down from RMB 416,389,000 at the beginning of the period[14] - The company experienced a net cash outflow from operating activities of RMB 13,718,000, compared to a net cash inflow of RMB 55,235,000 in the same period last year[14] - The company's total assets decreased to RMB 449,922,000 from RMB 455,991,000 at the end of 2022[8] - The company's current assets net value was approximately RMB 352.1 million as of June 30, 2023, compared to approximately RMB 365.8 million as of December 31, 2022[65] Revenue Segmentation - For the six months ended June 30, 2023, the total revenue was RMB 42,862,000, with segment revenue from pig slaughtering and meat trading at RMB 39,656,000 and pipeline system products at RMB 3,206,000[21] - Revenue from China was RMB 39,656,000, up 114.5% from RMB 18,449,000 in the previous year, while revenue from Japan increased to RMB 3,206,000 from RMB 118,000[30] - The segment performance showed a loss of RMB 101, with pig slaughtering and meat trading generating a profit of RMB 522, while pipeline system products incurred a loss of RMB 623[21] Liabilities and Provisions - The total liabilities for the reportable segments increased to RMB 38,238,000 from RMB 35,766,000 as of December 31, 2022[26] - The expected credit loss provisions for the current period were RMB 65,000, compared to a reversal of RMB 4,978,000 in the previous period[21] - The expected credit loss provision for trade receivables decreased to RMB 6,592,000 as of June 30, 2023, from RMB 7,273,000 as of December 31, 2022, a reduction of 9.4%[49] Inventory and Receivables - Trade receivables increased to RMB 17,764,000 as of June 30, 2023, from RMB 11,142,000 at the end of 2022[8] - Inventory levels rose to RMB 5,140,000 from RMB 2,110,000 in the previous year[8] - Trade receivables increased to RMB 24,356,000 as of June 30, 2023, from RMB 18,415,000 as of December 31, 2022, representing a growth of 32.5%[49] Corporate Governance and Compliance - The company has adopted the standard code of conduct for securities trading as per the listing rules, confirming all directors have complied with it during the six months ending June 30, 2023[96] - The audit committee is responsible for overseeing the financial controls, risk management, and internal control systems, and has reviewed the unaudited condensed consolidated financial statements for the six months ending June 30, 2023[99] - The company has adhered to the corporate governance code during the six months ending June 30, 2023[98] Future Outlook and Strategy - The group expects a gradual recovery in pig prices and plans to restart pig farming operations later this year to provide quality products to the market[82] - The joint venture is working on obtaining formal slaughtering permits, which are expected to be approved soon, enhancing production efficiency and reducing costs[82] - The group is actively seeking acquisition opportunities for slaughterhouses and farms, as well as exploring new revenue sources such as agricultural products[82] - The new agricultural business is anticipated to contribute additional profits and provide stable, high-quality feed for the group's farming operations[82] - The group aims to play a significant role in the pork supply chain and increase market share, leveraging its experience and existing customer network[82]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責， 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告全部或任何部 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。 HUISHENG INTERNATIONAL HOLDINGS LIMITED 惠 生 國 際 控 股 有 限 公司 （於開曼群島註冊成立之有限公司） 1340 （股份代號： ） 截至二零二三年六月三十日止六個月 中期業績公告 惠生國際控股有限公司（「本公司」）董事（「董事」）會（「董事會」）公佈本公司及其附屬 公司（統稱「本集團」）截至二零二三年六月三十日止六個月的未經審核簡明綜合中期 財務報表，連同二零二二年同期的未經審核比較數字。此等簡明綜合中期財務報表 未經審核，但已經由本公司審核委員會（「審核委員會」）作出審閱。 簡明綜合損益及其他全面收益表 截至二零二三年六月三十日止六個月 截至六月三十日止六個月 二零二三年 二零二二年 附註 人民幣千元 人民幣千元 （未經審核） （未經審核） 3 42,862 18,567 收益 ...