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佈的內容概不 負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈 全部或任何部份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。 Mobile Internet (China) Holdings Limited 移 動 互 聯（ 中 國 ）控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1439） 復 牌 狀 況 之 季 度 更 新 及 繼 續 暫 停 買 賣 本公佈乃由移動互聯（中國）控股有限公司（「本公司」，連同其附屬公司統稱「本 集團」）根據香港聯合交易所有限公司（「聯交所」）證券上市規則（「上市規則」）第 13.09(2)(a)條以及香港法例第571章證券及期貨條例（「證券及期貨條例」）第XIVA 部內幕消息條文（定義見上市規則）作出。 茲提述(i)本公司日期為二零二二年八月三十一日之公佈，內容有關（其中包括） 延遲刊發本集團截至二零二二年六月三十日止六個月之中期業績（「中期業績」） 及本公司證券暫停買賣；(ii)本公司日期為二零二二年九月二十日之公佈，內容 有關董事會會議日期；(iii)本公司日期 ...

Debt Restructuring - The company is considering a debt restructuring plan involving a reduction of debts owed to Chance Talent Management Limited, with total outstanding principal amounts of HKD 160 million and approximately HKD 67 million[5]. - The company aims to complete the debt restructuring by the fourth quarter of 2022, subject to market conditions[10]. - The company has engaged legal advisors to assist with the debt restructuring process[5]. - The company remains optimistic about the prospects of its restructuring plan despite the auditor's inability to express an opinion due to insufficient audit evidence[13]. Financial Performance - As of December 31, 2021, the total outstanding trade receivables before expected credit losses amounted to RMB 79,083,240.76, with RMB 40,873,076.21 overdue[7]. - The company's total debt increased from RMB 274,250,000 as of December 31, 2021, to RMB 277,210,000 as of April 30, 2022[12]. - The company reduced its employee count from 509 to 300, resulting in a decrease in total employee costs from approximately RMB 61.5 million to RMB 35.8 million[10]. - The company has taken measures to reduce rental costs, which decreased by 10% in 2021[10]. Strategic Direction - The company is focused on mobile internet development in China, highlighting its strategic direction in the tech sector[17]. - The company aims to enhance its market position through strategic initiatives and potential expansions in the mobile internet space[17]. - Future outlook includes leveraging technology advancements to drive growth and improve user engagement[17]. - Emphasis on innovation and new product development as a key driver for future revenue growth[17]. Governance and Leadership - The board consists of two executive directors, Mr. Chen Hongcai (Chairman) and Mr. Wang Yunfang, along with two independent non-executive directors, Mr. Su Zhiming and Mr. Wang Chengguang[18]. - The announcement date is August 23, 2022, indicating the company's ongoing operations and governance structure[18]. - The board's composition reflects a balance of executive and independent oversight, which is crucial for corporate governance[18]. - The board's leadership is expected to guide the company through market challenges and capitalize on emerging opportunities[17]. - The focus on governance and strategic planning is essential for maintaining investor confidence and market competitiveness[17]. Stakeholder Communication - The company has not planned to seek new investments or business opportunities as of the announcement date[8]. - The company anticipates that its major shareholders will provide sufficient financial support for ongoing operations[9]. - The company is committed to transparency and regular updates to stakeholders regarding its performance and strategic direction[17].

Company Overview - Mobile Internet (China) Holdings Limited is incorporated in the Cayman Islands and has a stock code of 1439[1]. - The company has a major operational base in Yichun, Jiangxi Province, China, and its headquarters in Hong Kong[3][4]. - The board of directors includes experienced professionals in finance, law, and corporate governance, enhancing the company's strategic direction[10][13]. - The company has established relationships with major banks, including Agricultural Bank of China and China Construction Bank, supporting its financial operations[4]. Management and Governance - The company reported significant management experience with over 10 years in packaging business management and over 15 years in overall operations and strategic planning[6][8]. - The company emphasizes its commitment to product development and operational management within the packaging sector[6]. - The board is committed to maintaining high standards of corporate governance to enhance investor confidence and shareholder returns[21]. - The company has adopted a board diversity policy to ensure a diverse range of perspectives and experiences among its directors[25]. - The company has made efforts to review and strengthen its corporate governance practices in response to increasing regulatory requirements and shareholder expectations[21]. - The company has established a whistleblowing policy to address any unusual behavior reported by employees[37]. - The company provides ongoing training for directors to ensure they are updated on legal and regulatory requirements[32]. Financial Performance - The annual report includes comprehensive financial statements, highlighting the company's financial performance and position[2]. - In 2021, the company's total revenue was approximately RMB 182.5 million, representing a year-on-year decline of 14.9%[19]. - The net loss for the company decreased to approximately RMB 189.9 million in 2021, down from RMB 238.9 million in 2020[19]. - The overall gross profit for the group in 2021 was approximately RMB 15,042,000, down 58.4% from RMB 36,200,000 in 2020, with a gross margin decrease from 16.9% to 8.2%[73]. - The company reported a basic and diluted loss per share of RMB 13.79 for 2021, compared to RMB 17.34 in 2020[178]. - The company’s total equity as of December 31, 2021, was negative RMB 352,468,000, compared to negative RMB 177,595,000 in 2020[180]. Business Segments - The packaging and mobile game businesses both experienced revenue declines in 2021 due to the impact of COVID-19 and economic challenges[19]. - Revenue from the packaging segment was approximately RMB 182,000,000, down 9.9% year-on-year, with a sales volume of about 37,600,000 square meters, a decline of 12.1% from 42,800,000 square meters in the previous year[61]. - The mobile gaming segment's revenue plummeted to approximately RMB 600,000, a 95.5% decrease from RMB 12,600,000 in 2020, contributing only 0.3% to total revenue[62]. - The company acknowledges the challenges faced in the mobile gaming sector, where existing games are in a decline phase of their lifecycle[18]. Future Outlook and Strategy - The company plans to focus on strengthening its core business, optimizing its product portfolio, and improving operational efficiency moving forward[19]. - The company aims to actively explore new business growth points to counteract the current downturn in its existing segments[19]. - The company aims to enhance its market position by providing value-added services such as structural design and logistics management in the packaging sector[92]. - The company is actively exploring new opportunities while strengthening existing businesses, particularly focusing on high-end packaging due to its higher profit margins[92]. Challenges and Risks - The company faced challenges from rising raw material costs and intense competition, impacting both revenue and profitability across its segments[60]. - The company relies on contractual arrangements to control certain subsidiaries, which may pose risks if these arrangements are deemed non-compliant with Chinese laws[106]. - The company is negotiating with noteholders and bondholders for debt restructuring and refinancing to meet upcoming operational and financial needs[198]. - There is significant uncertainty regarding the group's ability to implement plans and measures for continued operations, including the ability to repay or refinance debts[199]. Shareholder Relations - The company continues to maintain effective communication with shareholders through its website and annual general meetings[56]. - The group did not recommend a final dividend for the year ended December 31, 2021, consistent with the previous year where no dividend was paid[110]. Debt and Liquidity - As of December 31, 2021, the group had cash and bank balances of approximately RMB 1,900,000, down from RMB 61,600,000 in 2020[82]. - The group had outstanding principal amounts of approximately HKD 6,667,000 (equivalent to about RMB 5,541,000) and HKD 160,000,000 (equivalent to about RMB 132,997,000) in convertible bonds and promissory notes, which were overdue as of December 31, 2021[167]. - The independent auditor expressed a disclaimer of opinion due to significant uncertainties regarding the group's ability to continue as a going concern[170]. - The company is implementing cost control measures to achieve positive cash flow from operations[198]. Compliance and Regulatory Matters - The company has implemented measures to ensure compliance with legal and regulatory requirements, including appointing a representative to oversee Ice River's operations[154]. - Independent non-executive directors will annually review the compliance of the contractual arrangements, with confirmations disclosed in the annual report[155].

Revenue Performance - The group's total revenue for the review period was approximately RMB 128,200,000, an increase of about RMB 37,700,000 or 41.6% compared to RMB 90,500,000 in the same period last year[8]. - Revenue from the packaging business rose 53.7% to RMB 127,600,000, accounting for approximately 99.6% of total revenue[5]. - The mobile gaming segment's revenue decreased by 92.4% to approximately RMB 600,000, representing about 0.4% of total revenue[6]. - Revenue from paper packaging products was RMB 127,596,000, an increase from RMB 83,003,000 in the same period last year, representing a growth of 53.7%[65]. - Revenue from mobile game development and distribution was RMB 569,000, down from RMB 7,502,000, indicating a decline of 92.4%[65]. - Total revenue for the group was RMB 128,165,000, compared to RMB 90,505,000 in the previous year, reflecting a growth of 41.6%[65]. Gross Profit and Margins - The overall gross profit decreased by approximately RMB 400,000 or about 2.3% to approximately RMB 16,900,000, with a gross margin decline from 19.2% to 13.2% due to a significant drop in revenue from the higher-margin mobile gaming business[16]. - The gross profit for flexo-printed boxes increased by approximately RMB 400,000 or about 15.7% to approximately RMB 3,100,000, while the gross margin fell from 8.9% to 6.9% due to rising raw material costs[17]. - The gross profit for litho-printed boxes rose by approximately RMB 5,300,000 or about 65.8% to approximately RMB 13,400,000, with a slight increase in gross margin from 15.2% to 16.2% as most raw material cost increases were passed on to customers[17]. - The mobile gaming business's gross profit plummeted by approximately RMB 6,100,000 or about 92.9% to approximately RMB 500,000, with a slight decrease in gross margin from 88.0% to 82.6%[17]. Expenses and Cost Management - Selling and distribution expenses increased by approximately RMB 900,000 or about 11.5% to approximately RMB 8,700,000, while the ratio of these expenses to total revenue decreased from 8.6% to 6.8%[20]. - Administrative expenses decreased by approximately RMB 8,000,000 or about 27.7% to approximately RMB 20,900,000, mainly due to a strategic review that reduced employee costs[21]. - The cost of goods sold surged to RMB 111,130,000 in the first half of 2021, compared to RMB 7,703,000 in the same period of 2020, reflecting a significant increase in operational costs[77]. - Employee costs decreased to RMB 20,357,000 in the first half of 2021, down from RMB 27,695,000 in the same period of 2020, a reduction of 26.7%[77]. Financial Position - As of June 30, 2021, cash and bank balances were approximately RMB 38,100,000, down from RMB 61,600,000 as of December 31, 2020[27]. - Trade receivables increased to approximately RMB 90,300,000 from approximately RMB 71,900,000, with turnover days rising from 121 days to 127 days[31]. - Total liabilities as of June 30, 2021, were RMB 599,559,000, compared to RMB 580,807,000 at the end of 2020, showing a slight increase[54]. - Current liabilities exceeded current assets by approximately RMB 406,844,000 as of June 30, 2021[60]. - Total assets decreased from RMB 403,884,000 as of December 31, 2020, to RMB 382,185,000 as of June 30, 2021[67]. - Total liabilities decreased from RMB 581,479,000 as of December 31, 2020, to RMB 602,328,000 as of June 30, 2021[67]. Strategic Initiatives - The group is currently reviewing its strategy and resources for the mobile gaming segment due to its declining performance[6]. - The packaging business is primarily focused on manufacturing and selling paper packaging products for various industries, including food and beverage, glass and ceramics, and chemicals[4]. - The group aims to enhance its market position through strategic reviews and potential new product developments in the packaging sector[4]. - The group will continue to focus on high-end packaging business opportunities, which require advanced technology and offer higher profit margins[33]. - The group is implementing cost control measures to achieve positive cash flow from operations[60]. - The company is exploring various alternatives to strengthen its capital base, including seeking new investments and business opportunities[60]. Governance and Compliance - The group has adopted the corporate governance code as per the listing rules and has complied with it during the review period[49]. - The company has established an audit committee to oversee financial reporting and internal controls, enhancing governance practices[51]. Losses and Dividends - The net loss for the period was RMB 51,912,000, a reduction from RMB 63,331,000 in the previous year, reflecting a 18.5% improvement[53]. - The company reported a basic and diluted loss per share of RMB 3.77 for the period, compared to a loss of RMB 4.60 in the same period last year[53]. - The company’s total comprehensive loss for the period was RMB 61,276,000, down from RMB 71,125,000 in the previous year[53]. - The board does not recommend the payment of an interim dividend for the six months ended June 30, 2021[38].

Mobile Internet (China) Holdings Limited （於開曼群島註冊成立的有限公司） 股份代號：1439 (Incorporated in the Cayman Islands with limited liability) Stock Code:1439 Mobile Internet (China) Holdings Limited ANNUAL REPORT 2020 年報 目錄 | 公司資料 | 2 | | --- | --- | | 董事及高級管理層履歷 | 3 | | 主席報告 | 5 | | 企業管治報告 | 6 | | 管理層討論及分析 | 15 | | 董事會報告 | 24 | | 獨立核數師報告 | 38 | | 綜合財務報表 | | | －綜合損益及其他全面收益表 | 41 | | －綜合財務狀況表 | 42 | | －綜合權益變動表 | 43 | | －綜合現金流量表 | 44 | | －財務報表附註 | 46 | | 五年財務摘要 | 129 | 公司資料 董事會 執行董事 陳宏才先生 （主席） 孫少華先生 獨立非執行董事 吳平先生 方志祥先生 伍毓錕先 ...

Revenue Performance - The group's total revenue for the six months ended June 30, 2020, was approximately RMB 90,500,000, a decrease of about RMB 144,400,000 or 61.5% compared to RMB 234,900,000 for the same period in 2019[13]. - Revenue from the packaging business fell by 55.8% to RMB 83,000,000, accounting for approximately 91.7% of total revenue[9]. - The mobile gaming segment's revenue decreased by 84.1% to approximately RMB 7,500,000, representing about 8.3% of total revenue[11]. - Revenue from food and beverage producers was approximately RMB 24,500,000, accounting for 29.5% of packaging business revenue[18]. - Revenue from flexo-printed cartons was approximately RMB 29,900,000, accounting for 33.0% of total revenue, while revenue from litho-printed cartons was approximately RMB 53,100,000, accounting for 58.7%[15]. - Mobile gaming revenue for the first half of 2020 was approximately RMB 7,502,000, a significant decrease from RMB 47,132,000 in the same period of 2019, representing a decline of about 84.1%[20]. - The revenue from paper packaging products was RMB 83,003,000, down 55.8% from RMB 187,799,000 in 2019, while revenue from mobile game development and distribution was RMB 7,502,000, down 84.1% from RMB 47,132,000[75]. Financial Performance - The overall gross profit decreased by approximately RMB 41,800,000 or 70.7%, from about RMB 59,200,000 in the previous year to approximately RMB 17,300,000[21]. - The gross profit margin fell from approximately 25.2% in the previous year to about 19.2% during the review period, primarily due to significant revenue declines in both mobile gaming and packaging businesses[21]. - The gross profit from mobile gaming was approximately RMB 6,600,000, down about 78.8% from RMB 31,100,000 in the previous year, while the gross profit margin increased to 88.0% due to cost control measures[22]. - Other income and gains decreased by approximately 38.9% to about RMB 1,100,000 from RMB 1,800,000 in the previous year, mainly due to reduced sales of leftover materials and government subsidies[24]. - Selling and distribution expenses decreased by approximately 75.2% to about RMB 7,800,000 from RMB 31,400,000 in the previous year, resulting in a reduction in the expense ratio to about 8.6%[25]. - Administrative expenses increased by approximately 44.9% to about RMB 28,900,000 from RMB 20,000,000 in the previous year, primarily due to labor costs during the COVID-19 business interruption[26]. - Financing costs surged to approximately RMB 36,900,000 from RMB 16,700,000 in the previous year, an increase of RMB 20,200,000, mainly due to default interest from overdue notes[27]. - The net loss for the review period was approximately RMB 63,300,000, compared to a net loss of about RMB 11,700,000 in the same period last year[31]. - The company reported a basic and diluted loss per share of RMB 4.60 for the six months ended June 30, 2020, compared to RMB 0.85 in 2019[61]. - The company reported a net loss of approximately RMB 63,331,000 for the six months ended June 30, 2020, compared to a net loss of RMB 11,742,000 for the same period in 2019[70]. Operational Challenges - The group experienced a significant impact on operations due to COVID-19, with China's GDP declining by 6.8% in the first quarter of 2020[7]. - The group’s packaging business faced severe impacts from ongoing US-China trade tensions and the COVID-19 outbreak[9]. - The overall economic environment has posed unprecedented challenges to the group's operations during the review period[8]. - The group did not launch any new games during the review period, contributing to the significant decline in mobile gaming performance[10]. Strategic Outlook - The group is reviewing its strategies and resources to address the declining performance in both business segments[10]. - The company anticipates steady recovery in its business due to favorable government policies and controlled domestic pandemic, despite ongoing economic constraints[38]. - The group will focus on high-end packaging market opportunities, which require advanced technology and offer higher profit margins, while implementing cost control measures[39]. - The mobile gaming segment will continue to adapt to changing player preferences and market trends, with plans for new game development and updates[40]. Cash Flow and Assets - As of June 30, 2020, cash and bank balances were approximately RMB 76,600,000, down from RMB 179,100,000 at the end of 2019, while total borrowings increased to approximately RMB 331,600,000[32]. - As of June 30, 2020, inventory value decreased to approximately RMB 47,500,000 from RMB 52,900,000 as of December 31, 2019, with inventory turnover days increasing from 59 days to 127 days[35]. - Trade receivables amounted to approximately RMB 75,700,000 as of June 30, 2020, up from RMB 70,400,000 as of December 31, 2019, with turnover days increasing from 54 days to 148 days[36]. - Trade payables decreased to approximately RMB 36,000,000 as of June 30, 2020, from RMB 40,600,000 as of December 31, 2019, with turnover days increasing from 38 days to 96 days[37]. - The company experienced a significant increase in cash used in operating activities, amounting to RMB (47,246,000) compared to RMB 852,000 in the previous year[68]. - Cash and cash equivalents decreased to RMB 76,595,000 at the end of June 2020, down from RMB 185,748,000 at the end of June 2019[68]. - Total assets as of June 30, 2020, were RMB 534,982 thousand, while total liabilities were RMB 573,917 thousand, resulting in a negative net asset value of RMB 39,935 thousand[63]. - Total assets decreased from RMB 565,441 thousand as of December 31, 2019, to RMB 533,982 thousand as of June 30, 2020, representing a decline of approximately 5.5%[77]. Corporate Governance - The company has adopted a corporate governance code and has established an audit committee to oversee financial reporting and internal controls[59]. - The board will periodically review the corporate governance structure to ensure appropriate actions are taken when necessary[57].

Mobile Internet (China) Holdings Limited Mobile Internet (China) Holdings Limited （於開曼群島註冊成立的有限公司） 股份代號：1439 年報 (Incorporated in the Cayman Islands with limited liability) Stock Code:1439 ANNUAL REPORT 2019 年報 | 目錄 | | | --- | --- | | 企業摘要 | 2 | | 公司資料 | 3 | | 董事及高級管理層履歷 | 4 | | 主席報告 | 6 | | 企業管治報告 | 7 | | 管理層討論及分析 | 16 | | 董事會報告 | 26 | | 獨立核數師報告 | 40 | | 綜合財務報表 | | | －綜合損益及其他全面收益表 | 43 | | －綜合財務狀況表 | 44 | | －綜合權益變動表 | 45 | | －綜合現金流量表 | 46 | | －財務報表附註 | 48 | 五年財務摘要 136 企業摘要 移動互聯（中國）控股有限公司（「移動互聯」或「本集 團」）是手遊及 ...

目錄 | 公司資料 | 2 | | --- | --- | | 管理層討論及分析 | 3 | | 其他資料 | 10 | | 簡明綜合損益及其他全面收益表 | 13 | | 簡明綜合財務狀況表 | 14 | | 簡明綜合權益變動表 | 15 | | 簡明綜合現金流量表 | 16 | | 簡明綜合財務報表附註 | 17 | 公司資料 執行董事 陳宏才先生 （主席） 孫少華先生 鄭麗芳女士 獨立非執行董事 劉大進先生 馬遙豪先生 吳平先生 審核委員會 馬遙豪先生 （主席） 劉大進先生 吳平先生 薪酬委員會 劉大進先生 （主席） 吳平先生 孫少華先生 提名委員會 陳宏才先生 （主席） 劉大進先生 吳平先生 公司秘書 胡宗明先生(FCPA) 法定代表 孫少華先生 胡宗明先生 核數師 國衛會計師事務所有限公司 香港執業會計師 法律顧問 崔曾律師事務所 註冊辦事處 Cricket Square, Hutchins Drive P.O. Box 2681 Grand Cayman KY1-1111 Cayman Islands 總部及中國主要營業地點 中國 江西省宜春巿 奉新工業園 鴻聖工業園區 香港主要營業地點 香港 干 ...

Mobile Internet (China) Holdings Limited 移 動 互 聯（中 國）控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （前稱 China Packaging Holdings Development Limited 中華包裝控股發展有限公司） 股份代號：1439 目錄 | 企業摘要 | 2 | | --- | --- | | 公司資料 | 3 | | 董事及高級管理層履歷 | 4 | | 主席報告 | 6 | | 企業管治報告 | 7 | | 管理層討論及分析 | 16 | | 環境、社會及管治報告 | 24 | | 董事會報告 | 43 | | 獨立核數師報告 | 56 | | 綜合財務報表 | | | －綜合損益及其他全面收益表 | 60 | | －綜合財務狀況表 | 61 | | －綜合權益變動表 | 62 | | －綜合現金流量表 | 63 | | －財務報表附註 | 64 | 五年財務摘要 156 企業摘要 移動互聯（中國）控股有限公司（「移動互聯」或「本集 團」）是手遊及包裝業務的領先開發商。本集團的願景 是由傳統包裝業務轉型發展，參與迅速冒起的中國手 ...