Financial Performance - Revenue for 2021 was RMB 2,000,104, a decrease of 8.3% from RMB 2,182,038 in 2020[13] - Gross profit for 2021 was RMB 172,237, representing a gross margin of approximately 8.6%[13] - Loss for the year attributable to owners of the company was RMB 18,059, compared to a profit of RMB 30,684 in 2020[13] - The company reported a loss before tax of RMB 15,859 for 2021, compared to a profit of RMB 33,651 in 2020[13] - The Group recorded a net loss of RMB 18.1 million for the year ended December 31, 2021, compared to a net profit of RMB 30.7 million for the year ended December 31, 2020[29] - Gross profit decreased by 11.0% to RMB 172.2 million for the year ended December 31, 2021 from RMB 193.4 million for the year ended December 31, 2020[41] - Other gains and income decreased by 24.7% to RMB 44.4 million for the year ended December 31, 2021 from RMB 59.0 million for the year ended December 31, 2020[41] Assets and Liabilities - Total assets as of December 31, 2021, were RMB 1,102,701, down from RMB 1,207,484 in 2020[13] - Total liabilities as of December 31, 2021, were RMB 786,864, a decrease from RMB 872,337 in 2020[13] - Equity attributable to owners of the company was RMB 315,924, slightly down from RMB 333,336 in 2020[13] - As at 31 December 2021, the Group's trade and bills receivables amounted to RMB 226.0 million, down from RMB 339.2 million in 2020[43] - The Group's trade and bills payables amounted to RMB 524.1 million as at 31 December 2021, down from RMB 592.0 million in 2020[46] Revenue Breakdown - Revenue generated from the PRC and other emerging markets accounted for 98.3% of the Group's total revenue for the year ended December 31, 2021[26] - Revenue from smartphones decreased by 17.1% to RMB 949.3 million for the year ended December 31, 2021, compared to RMB 1,186.6 million for the year ended December 31, 2020[36] - Revenue from PCBAs decreased by 81.0% to RMB 19.7 million for the year ended December 31, 2021, down from RMB 103.5 million for the year ended December 31, 2020[36] - Revenue from IoT related products increased by 22.9% to RMB 591.3 million for the year ended December 31, 2021, up from RMB 481.0 million for the year ended December 31, 2020[36] Research and Development - The management highlighted ongoing efforts in research and development to enhance product offerings and competitiveness[12] - Research and development expenses for the year ended December 31, 2021 increased by 5.5% compared to the year ended December 31, 2020[29] - R&D expenses increased by 5.5% for the year ended December 31, 2021, compared to the previous year, as the Group focused more resources on developing its own brand products and IoT related products[31] - The Group's strategy includes increasing investment in R&D for self-branded and IoT products to maintain market competitiveness[31] Market and Operational Challenges - The Group faced a global shortage of electronic components and screens for mobile devices, which affected production schedules and increased production costs[27] - The global supply chain disruptions due to COVID-19 are expected to continue affecting production and costs into 2022[30] - The rapid roll-out of 5G telecommunication networks is expected to drive demand for smartphones and IoT products[20] Corporate Governance - The Company has adopted corporate governance practices in line with the Corporate Governance Code since the Listing Date, complying with all provisions except for code provision A.2.1[100] - The Board consists of four executive Directors and four independent non-executive Directors as of December 31, 2021[111] - The Company believes effective corporate governance is essential for creating value for shareholders[99] - The independent non-executive Directors possess a broad range of expertise in accounting, finance, business, and corporate governance[109] Leadership and Management - Mr. Li Chengjun, aged 49, is the CEO and chairman, responsible for corporate strategic planning and overall operations[75] - The Company has a strong leadership team with diverse expertise in technology, management, and business administration, enhancing its strategic direction[83] - The management team is focused on expanding the Company's market presence and exploring new business opportunities in the ICT sector[83] Employee and Social Responsibility - Contributions to retirement benefits for the Group's employees significantly increased due to changes in social security contributions in China[29] - The company is committed to providing competitive salaries and employee benefits, along with training to enhance safety awareness[198] - A materiality assessment was conducted to identify key environmental, social, and operational issues relevant to the company's business operations[200] ESG and Sustainability - The ESG report highlights the Group's performance from January 1, 2021, to December 31, 2021, focusing on material and relevant information for stakeholders[186] - Key ESG strategies include maintaining high environmental and social standards and complying with relevant laws and regulations[194] - The Group reviews its ESG strategies annually to ensure they remain effective and relevant[194]

SprocommIntelligenceLimited (Stock Code 股份代號：1401) (Incorporated in the Cayman Islands with limited liability | 於開曼群島註冊成立之有限公司） 中報 Interim Report CONTENTS 目錄 Corporate Information Business Review and Prospects Management Discussion and Analysis Report on Review of Condensed Consolidated Financial Statements 簡明綜合財務報表審閱報告 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income 簡明綜合損益及其他全面收益表 Condensed Consolidated Statement of Financial Position Condensed Consolidated Statement of Ch ...

Sprocomm Intelligence Limited (Stock Code 股份代號：1401) (Incorporated in the Cayman Islands with limited liability | 於開曼群島註冊成立之有限公司） b & 2020 Annual Report 年報 | --- | --- | --- | --- | --- | |-------|-------|-------|------------------------------------------------------------------|-------| | | | | | | | | | | CONTENTS | | | | | | 目錄 | | | | | | | | | | | | Corporate Information 公司資料 | | | | | | | | | | | | Five﹣Year Financial Summary 五年財務概要 | | | | | | | | | | | | Chairman's Statement | | | | | | 主席報告 | | | | ...

Sprocomm Intelligence Limited (Incorporated in the Cayman Islands with limited liability 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) (Stock Code 股 份 代 號 :1401) 2020 中報 INTERIM REPORT CONTENTS 目錄 Business Review and Prospects Management Discussion and Analysis Report on Review of Condensed Consolidated 22 Financial Statements 簡明綜合財務報表審閱報告 Condensed consolidated statement of profit or loss and other comprehensive income 簡明綜合損益及其他全面收益表 Condensed consolidated statement of financial position 簡明綜合財務狀況表 26 簡明綜合權益變動表 28 Condense ...

Sprocomm Intelligence Limited (Incorporated in the Cayman Islands with limited liability 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ) (Stock Code 股 份 代 號 :1401) 2019 年 報 ANNUAL REPORT CONTENTS 目錄 Corporate Information 2 公司資料 Financial Summary 5 財務概要 Chairman's Statement 6 主席報告 Management Discussion and Analysis 9 管理層討論及分析 Biographical Details of Directors and Senior Management 29 董事及高級管理人員簡介 Corporate Governance Report 37 企業管治報告 Environmental, Social and Governance Report 59 環境、社會及管治報告 Directors' Report 84 董事會報告書 Independ ...