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，概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 温嶺浙江工量刃具交易中心股份有限公司 Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：1379） 截至2023年6月30日止六個月之中期業績公告 財務摘要 截至6月30日止六個月 2023年 2022年 （未經審核） （未經審核） 收益（人民幣千元） 62,074 28,973 毛利（人民幣千元） 35,073 24,407 毛利率 56.5% 84.2% 期內溢利（人民幣千元） 15,703 13,179 純利率 25.3% 45.5% 每股基本及攤薄盈利（人民幣元） 0.20 0.16 ...

Financial Performance - The company's revenue for the year ended December 31, 2022, was RMB 230.86 million, a significant increase of approximately 303.6% compared to the previous year[9]. - Gross profit for the same period was RMB 88.23 million, with a gross margin of 38.7%, down from 82.6% in 2021[6]. - The net profit for 2022 was RMB 57.51 million, resulting in a net profit margin of 24.9%[6]. - The company's revenue and profit for the year ended December 31, 2022, increased by approximately 303.6% and 21.5% respectively, primarily due to the official operation of the first phase of the Science and Innovation Park and the recognition of income from sold units in Q4 2022[44]. - The gross profit rose by approximately 88.8% from about RMB 47.3 million for the year ended December 31, 2021, to about RMB 89.2 million for the year ended December 31, 2022, although the gross profit margin decreased from approximately 82.6% to 38.7%[63]. - The net profit for the year increased by approximately 21.5% from about RMB 47.3 million for the year ended December 31, 2021, to about RMB 57.5 million for the year ended December 31, 2022, while the net profit margin decreased from approximately 82.7% to about 24.9% due to a decline in gross margin and reduced investment property valuation gains[69]. Asset and Capital Structure - The total non-current assets as of December 31, 2022, were RMB 1,067.84 million, while current assets were RMB 102.10 million[6]. - The company's capital-to-debt ratio was 0.0% as of December 31, 2022, indicating no debt[6]. - As of December 31, 2022, the group's cash and cash equivalents were approximately RMB 72.8 million, down from approximately RMB 78.7 million as of December 31, 2021, primarily due to repayment of bank loans and dividend payments[70]. - The group had no bank loans as of December 31, 2022, compared to RMB 15.0 million in bank loans as of December 31, 2021, resulting in a capital debt ratio decrease from approximately 2.0% to zero[74][75]. - As of December 31, 2022, the company's distributable reserves amounted to RMB 880 million, an increase from RMB 710 million as of December 31, 2021[112]. Operational Highlights - As of December 31, 2022, the rental occupancy rate of the Zhejiang Wenzhou Tool Trading Center was approximately 97.51%, slightly down from 98.18% in the previous year[9]. - The company has 631 tenants in the trading center as of December 31, 2022, an increase from 595 tenants in 2021[46]. - The average monthly rental income per square meter for the first floor decreased from RMB 383.6 in 2021 to RMB 372.2 in 2022, while the second floor increased from RMB 158.4 to RMB 193.4, and the third floor rose significantly from RMB 39.6 to RMB 72.3[49]. - The company is focusing on expanding its property leasing business in the tooling industry and providing more value-added services to strengthen its market position[43]. - The Science and Innovation Park was officially put into service in October 2022, enhancing the company's operational capabilities in the tooling industry[43]. Strategic Development - The company plans to continue the construction of the Tool Innovation Park, with Phase I already operational since October 2022, and plans for Phase II to follow[13]. - The company aims to diversify its profit structure by acquiring vertical e-commerce and upstream/downstream companies in the tool industry[13]. - The company intends to acquire vertical e-commerce businesses in the tool industry to integrate market tenant resources and create a large-scale e-commerce platform for tools[58]. - The company is actively investing in production and R&D to improve product quality and enhance competitiveness in the domestic market[42]. - The company is collaborating with local government to operate a supply-demand platform aimed at fostering an advanced manufacturing industry cluster[47]. Management and Governance - The company reported a strategic development and business planning oversight by the CEO, Mr. Pan Haihong, who has over 23 years of management experience[16]. - The COO, Mr. Zhou Guilin, oversees financial management and daily operations, bringing over 10 years of experience in the trading center operation industry[18]. - The Chairman, Mr. Huang Qun, focuses on growth strategies and overall management, with approximately 19 years of management experience[19]. - The company has a strong emphasis on corporate governance and strategic recommendations from independent non-executive directors, including Mr. Xu Wei and Mr. Jin Hongqing[25][26]. - The management team has extensive backgrounds in administrative and operational roles, contributing to the company's strategic decision-making processes[22][23][24]. Market Conditions - The manufacturing sector in China showed signs of recovery, with a PMI of 50.1% in January 2023, which is expected to positively impact the company's operations[10]. - In 2022, China's GDP grew by 3.0%, a significant slowdown compared to 8.4% in 2021, primarily due to the impact of the pandemic and related control measures[39]. - The industrial added value in China increased by 3.6% year-on-year in 2022, with the manufacturing sector growing by 3%[39]. - The GDP of the Wenzhou area is estimated to be approximately RMB 130.8 billion in 2022, reflecting a growth of about 2.1%[39]. - The local government has implemented a series of measures to stabilize and promote economic recovery amid significant growth pressures[39]. Risks and Challenges - The company faces significant risks related to the cyclical nature of the real estate industry, which may adversely affect its operational performance[91]. - The company’s operations and performance are heavily influenced by the political, economic, and social policies in Zhejiang Province, China, where all its revenue is generated[93]. - The company’s ability to expand its business is subject to various uncontrollable factors, including macroeconomic conditions and credit supply from lending institutions[93]. Shareholder Information - The company has established a dividend policy that allows for the payment of annual dividends based on profitability, market conditions, and operational needs, without a fixed dividend payout ratio[101]. - The company anticipates paying dividends to shareholders on June 9, 2023, based on the shareholder register as of May 23, 2023[99]. - Major shareholders hold 58,200,000 shares, representing 97.00% of the total share capital, with a 72.75% equity percentage in the company[125]. - The company has a significant concentration of ownership, with the top shareholders controlling 72.75% of voting rights[134]. Corporate Governance - The company complies with corporate governance codes, as detailed in the annual report's corporate governance section[122]. - The independent non-executive directors have been appointed for an initial term of three years, with automatic renewal provisions[161]. - The audit committee has reviewed the consolidated financial statements for the year ending December 31, 2022, and the interim results for the six months ending June 30, 2022, ensuring adherence to accounting principles and risk management[174]. - The company has established a training program for directors to enhance their understanding of responsibilities and compliance with regulations prior to listing[164]. - The board of directors consists of three independent non-executive directors, ensuring compliance with listing rules and providing independent opinions to safeguard shareholder interests[167].

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之任何損失承擔任何責任。 温嶺浙江工量刃具交易中心股份有限公司 Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited* （於中華人民共和國註冊成立的股份有限公司） （股份代號：1379） 截至2022年12月31日止年度的年度業績公告 財務摘要 截至12月31日止年度 2022年 2021年 變動 收益（人民幣千元） 230,860 57,205 303.6% 毛利（人民幣千元） 89,234 47,267 88.8% 毛利率 38.7% 82.6% -43.9 年內溢利（人民幣千元） 57,509 47,317 21.5% 純利率 24.9% 82.7% -57.8 每股基本及攤薄盈利（人民幣元） 0.72 0.59 22.0% 董事會已提議派發截至2022年12月31日止年度的末期股息每股人民幣0.2元（含 稅）（2021年：每股 ...

Financial Performance - Revenue for the six months ended June 30, 2022, was RMB 28,973,000, a decrease of 0.6% compared to RMB 29,150,000 for the same period in 2021[11]. - Gross profit for the same period was RMB 24,407,000, with a gross margin of 84.2%, up from 83.5% in 2021[11]. - Net profit for the six months ended June 30, 2022, was RMB 13,179,000, resulting in a net profit margin of 45.5%, down from 83.2% in the previous year[11]. - The company's basic and diluted earnings per share for the period were RMB 0.16, compared to RMB 0.30 in 2021[11]. - For the six months ended June 30, 2022, the group's revenue and profit decreased by approximately 0.6% and 45.6% respectively compared to the same period last year[19]. - Operating profit decreased significantly to RMB 16,246,000 from RMB 32,675,000, reflecting a decline of 50.3% year-over-year[112]. - Profit before tax was RMB 16,230,000, down from RMB 32,330,000, representing a 49.7% decrease compared to the previous year[112]. - Net profit for the period decreased by approximately 45.6% to about RMB 13.2 million, with a net profit margin decline from approximately 83.2% to 45.5%[44]. - Basic earnings per share decreased to RMB 0.16 from RMB 0.30, reflecting a 46.7% drop year-over-year[112]. Economic Environment - The economic environment in China showed a GDP growth of 2.5% year-on-year in the first half of 2022, indicating a stabilization and recovery in the economy[13]. - The industrial added value for large-scale industries in China increased by 3.4% year-on-year in the same period, supporting stable industrial economic growth[13]. - The machine tool industry in China saw a production increase of 34.98% in 2021, with a total output of 602,000 metal cutting machine tools[14]. Company Developments - The company is constructing a Science and Innovation Park on a land area of approximately 55,425 square meters, with an estimated investment of RMB 330.0 million[30]. - The Science and Innovation Park is expected to have a total construction area of about 116,000 square meters, including approximately 78,000 square meters for factory buildings[30]. - The company aims to leverage its market position in the tooling industry to expand its business through the development of the Science and Innovation Park[29]. - The group plans to construct the second phase of the Sci-Tech Park to promote high-quality development in the tool industry, creating a regional economic cluster with integrated sales, R&D, production, and services[68]. Rental and Property Management - The trading center had a total lettable area of 74,204.7 square meters, with 98.57% of the lettable area rented out as of June 30, 2022[25]. - Rental income from property leasing was RMB 27,986,000, while other income from property management services was RMB 987,000[136]. - The average monthly rent per square meter for the first floor decreased from RMB 423.9 in 2021 to RMB 383.6 in 2022, while the third floor increased from RMB 26.2 to RMB 57.2[24]. - The trading center's average monthly rent per square meter for the second floor decreased from RMB 193.7 in 2021 to RMB 158.5 in 2022[24]. - The rental area available for tenants decreased from 99.94% as of June 30, 2021, to 98.57% as of June 30, 2022[34]. Financial Position - As of June 30, 2022, total revenue decreased by approximately 0.6% to about RMB 29.0 million from RMB 29.2 million for the six months ended June 30, 2021, primarily due to a slight decrease in rental occupancy rate[34]. - As of June 30, 2022, cash and cash equivalents decreased to approximately RMB 69.1 million from RMB 78.7 million as of December 31, 2021, primarily due to payments for investment properties and dividend payments[45]. - Total non-current assets as of June 30, 2022, amounted to RMB 1,049,908,000, an increase from RMB 1,025,227,000 at the end of 2021[114]. - Current assets totaled RMB 222,693,000, up from RMB 213,884,000 at the end of 2021, indicating a growth of 4.0%[114]. - Total liabilities increased to RMB 272,712,000 from RMB 225,056,000, marking a rise of 21.2%[114]. - The company's total equity as of June 30, 2022, was RMB 749,599,000, down from RMB 762,020,000 at the end of 2021, reflecting a decrease of 1.6%[116]. Corporate Governance - The company adheres to high standards of corporate governance, ensuring effective accountability and protecting shareholder interests[73]. - The board consists of two executive directors, four non-executive directors, and three independent non-executive directors, complying with the corporate governance code[73]. - The company has maintained compliance with the corporate governance code since June 30, 2022, and will review its policies annually[73]. - The company is committed to maintaining transparency and high standards in its corporate governance practices[73]. Cash Flow and Financing - Operating cash flow for the six months ended June 30, 2022, was RMB 56,906,000, compared to a negative RMB 14,748,000 in the same period of 2021, indicating a significant improvement[122]. - The company secured bank financing of RMB 333,000,000 as of June 30, 2022, with the entire amount remaining undrawn, indicating strong liquidity[126]. - The company reported a significant increase in operating income, with a net cash inflow from operating activities of RMB 65,246,000, compared to outflows in the previous year[122]. - Net cash used in financing activities increased to RMB 40,740,000 in the first half of 2022, compared to RMB 5,031,000 in the same period of 2021, reflecting higher debt repayments[122]. Shareholder Information - As of June 30, 2022, the major shareholder, 温嶺市市場集團有限公司, holds 58,200,000 shares, representing approximately 72.75% of the total share capital[77]. - The major shareholder, 温嶺市國有資產投資集團有限公司, also holds 58,200,000 shares, indicating a significant concentration of ownership[77]. - The total issued shares amount to 80,000,000, consisting of 60,000,000 domestic shares and 20,000,000 H shares as of June 30, 2022[102].

Financial Performance - Revenue for the six months ended June 30, 2022, was RMB 28,973,000, a decrease of 0.6% compared to RMB 29,150,000 in 2021[2] - Gross profit for the same period was RMB 24,407,000, reflecting a slight increase of 0.3% from RMB 24,339,000 in 2021, with a gross margin of 84.2%[2] - Net profit for the six months ended June 30, 2022, was RMB 13,179,000, down 45.6% from RMB 24,246,000 in 2021, resulting in a net profit margin of 45.5%[2] - Basic and diluted earnings per share for the period were RMB 0.16, a decrease of 46.7% compared to RMB 0.30 in the previous year[2] - Profit before tax for the six months ended June 30, 2022, was RMB 16,230,000, a decrease of 49.9% from RMB 32,330,000 in the same period of 2021[31] - The company reported a fair value loss of RMB 819,000 on investment properties for the period, compared to a fair value gain of RMB 5,336,000 in the previous year[34] - The net profit for the six months ended June 30, 2022, decreased by approximately 45.6% to about RMB 13.2 million, with a net profit margin dropping from approximately 83.2% to 45.5%[80] Dividends and Shareholder Returns - The company has resolved not to declare an interim dividend for the six months ended June 30, 2022[2] - The company did not declare any interim dividend for the six months ended June 30, 2022, consistent with the previous year[37] - The company approved and paid a final dividend of RMB 0.32 per share for the fiscal year ending June 30, 2022, totaling RMB 25,600,000[38] - The company does not plan to distribute an interim dividend for the six months ended June 30, 2022, compared to no dividend in 2021[101] Assets and Liabilities - Total current assets as of June 30, 2022, amounted to RMB 222,693,000, compared to RMB 213,884,000 as of December 31, 2021[7] - Total current liabilities increased to RMB 272,712,000 from RMB 225,056,000 as of December 31, 2021[7] - The net current liabilities as of June 30, 2022, were RMB 50,019,000, compared to RMB 11,172,000 in the previous year[7] - Non-current assets totaled RMB 1,049,908,000 as of June 30, 2022, up from RMB 1,025,227,000 as of December 31, 2021[8] - The company reported contract liabilities of RMB 180,339,000 as of June 30, 2022, an increase from RMB 95,786,000 as of December 31, 2021[48] - The company had capital commitments of RMB 22,806,000 as of June 30, 2022, down from RMB 102,406,000 as of December 31, 2021[49] Revenue Sources - Total revenue for the six months ended June 30, 2022, was RMB 28,973,000, a decrease of 0.6% from RMB 29,150,000 for the same period in 2021[21] - Rental income for the period was RMB 27,986,000, down from RMB 28,089,000 in the previous year, reflecting a decline of 0.4%[21] - Interest income from bank deposits increased to RMB 472,000, compared to RMB 164,000 in the same period last year, representing a growth of 187.8%[26] Operational Developments - The company is developing a new innovation park with an estimated investment of RMB 330.0 million, covering a construction area of approximately 116,000 square meters[67] - The innovation park aims to provide units for manufacturing purposes, contrasting with the trading center's focus on retail and product promotion[67] - The company is implementing a digital economy strategy to enhance industry digital transformation and create a digital platform for the tool industry[64] - The company has initiated training programs to support tenants in adapting to e-commerce and digital sales strategies[64] - The trading center is collaborating with local government to operate a supply-demand platform, enhancing the industrial ecosystem in the advanced manufacturing sector[59] Employee and Governance - As of June 30, 2022, the group employed 37 staff members, an increase from 27 staff members as of December 31, 2021, with total employee costs amounting to approximately RMB 1.6 million, reflecting a 5.1% increase year-on-year[94] - The board of directors has confirmed compliance with corporate governance codes and will review governance policies annually[104] Economic Context - The company noted a 2.5% year-on-year growth in China's GDP for the first half of 2022, indicating a stable economic recovery[51] - The metal cutting machine tool production in China reached 602,000 units in 2021, a year-on-year increase of 34.98%[52] - The company is positioned to benefit from the ongoing upgrades and demand in the machine tool industry, driven by supportive government policies[54]

Financial Performance - For the year ended December 31, 2021, the company's revenue was RMB 57.205 million, an increase of approximately 22.3% compared to RMB 46.743 million in 2020[23]. - The gross profit for 2021 was RMB 47.267 million, reflecting a gross margin of 82.6%, compared to 80.5% in 2020[23]. - The net profit for the year was RMB 47.317 million, resulting in a net profit margin of 82.7%, up from 60.1% in the previous year[23]. - Revenue for the fiscal year reached $500 million, representing a 15% increase compared to the previous year[42]. - The company reported a significant increase in user data, with a year-over-year growth of 25% in active users[42]. - The basic and diluted earnings per share for 2021 were RMB 0.59, compared to RMB 0.47 in 2020[23]. - Total revenue increased by approximately 22.4% from about RMB 46.7 million for the year ended December 31, 2020, to about RMB 57.2 million for the year ended December 31, 2021, primarily due to rent adjustments and lower rent refunds related to COVID-19[83]. - Gross profit rose by approximately 25.6% from about RMB 37.6 million for the year ended December 31, 2020, to about RMB 47.3 million for the year ended December 31, 2021, with gross margin increasing from approximately 80.5% to 82.6%[85]. - Net profit for the year increased by approximately 68.5% from approximately RMB 28.1 million for the year ended December 31, 2020, to approximately RMB 47.3 million for the year ended December 31, 2021, with a net profit margin rising from approximately 60.1% to approximately 82.7%[92]. Property Leasing and Occupancy - The rental income from the property leasing business reached RMB 54.8 million, representing a growth of approximately 25.0% year-on-year[28]. - As of December 31, 2021, the occupancy rate of the Zhejiang Wenling Measuring and Cutting Tools Trading Centre was approximately 98.18%, slightly down from 99.4% in the previous year[28]. - The trading center's total value as of December 31, 2021, was RMB 866.0 million, an increase from RMB 851.0 million in 2020[64]. - The total leased area of the trading center as of December 31, 2021, was 25,474.8 square meters, with an occupancy rate of 98.18%[70]. - The occupancy rate of the e-commerce park on the third floor reached 100.0% after successfully renewing all 110 units in the public tender held in July 2021[65]. - The company operates a four-story trading center with a total building area of approximately 74,204.7 square meters, of which about 71,817.5 square meters is leased to tenants[64]. - The company has a total of 595 tenants as of December 31, 2021, compared to 610 tenants in 2020[64]. Innovation and Development - The first phase of the Tool and Die Innovation Park was completed by December 31, 2021, and is expected to officially start operations in 2022[31]. - The company plans to continue the development of the second phase of the Innovation Park, aiming to create a comprehensive industrial cluster for research, production, and services[31]. - The Tool and Die Innovation Park will serve as an integrated service platform, including a material inspection center and a tool testing center, to enhance traditional industry transformation[29]. - The company aims to attract talent and establish long-term cooperation with academic institutions to enhance the tool and die industry[29]. - The Innovation Park project is expected to become a growth engine for future business expansion[31]. - The company plans to invest approximately RMB 330.0 million in the construction of the Innovation Park, which will cover an area of about 116,000 square meters, including approximately 78,000 square meters of factory space[75]. Market Strategy and Expansion - The company aims to leverage smart manufacturing and digital economy trends to drive market upgrades and industry transformation[28]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[42]. - A strategic acquisition is in progress, which is anticipated to enhance the company's product offerings and increase market competitiveness[42]. - New product launches are expected to contribute an additional $50 million in revenue, with a focus on innovative technology solutions[42]. Financial Management and Shareholder Returns - The board of directors has approved a dividend payout of $0.50 per share, reflecting a commitment to returning value to shareholders[42]. - The company reported a profit available for distribution to shareholders of approximately RMB 71 million for the year ended December 31, 2021, with a proposed final dividend of RMB 0.32 per share[123]. - The company has adopted a dividend policy aimed at allowing shareholders to share in profits while retaining sufficient reserves for future development[129]. - The company has not specified a fixed dividend payout ratio, and the declaration and payment of dividends will be decided at the board's discretion based on various factors[130]. - The company plans to distribute the final dividend to shareholders on June 27, 2022, with a withholding tax rate of 10% for non-resident corporate shareholders[124]. Governance and Compliance - The company has complied with corporate governance codes as detailed in the annual report[156]. - The board retains the authority to update or amend the dividend policy at any time, without creating a legal obligation for future dividends[132]. - The independent non-executive directors confirmed their independence in accordance with the listing rules[185]. - The supervisory board expressed satisfaction with the company's operational performance and economic benefits for the year 2021, and confidence in future development prospects[194]. - The company has adhered to the corporate governance code and will continue to review its governance practices to meet regulatory requirements and shareholder expectations[197]. Risks and Challenges - The company faces risks related to property leasing, including declining investment property valuation and limited revenue growth, which could impact profitability[115]. - The cyclical nature of the real estate and manufacturing industries, along with macroeconomic conditions in China, may adversely affect the company's operational performance[116]. - The company’s ability to expand operations in Zhejiang Province is subject to various uncontrollable factors, including macroeconomic conditions and credit supply from lending institutions[118]. Share Capital and Ownership Structure - The total share capital structure as of December 31, 2021, includes 60 million domestic shares (75%) and 20 million H shares (25%), totaling 80 million shares[134]. - The major shareholder, Wenzhou Market Group Co., Ltd., held 58,200,000 shares, representing 72.75% of the total share capital[159]. - The company is controlled by a group of shareholders that collectively exercise 72.75% voting rights at the shareholders' meeting[171]. - The total share capital structure indicates a concentrated ownership model, which may impact corporate governance and strategic decisions[171]. - The company’s governance is influenced by the local government and cooperative societies, which hold substantial shares and voting rights[171].

温嶺浙江工量刃具交易中心股份有限公司 Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited* (於中華人民共和國註晉成立的股份有限公司) 股份代號：1379 02 中期報告 * 僅供藏別 非財務 目 錄 1 温嶺浙江工量刃具交易中心股份有限公司 | --- | --- | |--------------------------|-------| | | | | 公司資料 | 2 | | 財務摘要 | 4 | | 管理層討論及分析 | 5 | | 其他資料 | 14 | | 綜合損益及其他全面收益表 | 22 | | 綜合財務狀況表 | 23 | | 綜合權益變動表 | 25 | | 簡明綜合現金流量表 | 26 | | 未經審核中期財務報告附註 | 27 | 公司資料 | --- | --- | |------------------------------------|------------------------------------------------------------------------ ...

温嶺浙江工量刃具交易中心股份有限公司 Wenling Zhejiang Measuring and Cutting Tools Trading Centre Company Limited* (於中華人民共和國註冊成立的股份有限公司) 股份代號：1379 2020 年報 * 僅供識別 目 | --- | --- | |--------------------------------------------------|-------| | | | | 公司資料 | 2 | | 四 年 財 務 摘 要 | 4 | | 主 席 報 告 | 5 | | 童 事、監 事 及 高 级 管 理 人 員 的 履 歷 詳 情 | 7 | | 管 理 層 討 論 及 分 析 | 13 | | 董 事 會 報 告 | 2 1 | | 監事會報告 | 33 | | 企 業 管 治 報 告 | 34 | | 環 境、社 會 及 管 治 報 告 | 47 | | 獨立核數師報告 | 60 | | 綜 合 損 益 及 其 他 全 面 收 益 表 | 66 | | 綜 合 財 務 狀 況 表 | 67 | | 綜 合 權 益 變 動 表 ...