呈交日期: 2025年8月6日 I. 法定/註冊股本變動 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 京投軌道交通科技控股有限公司 (於開曼群島註冊成立的有限公司) | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01522 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | 50,000,000 | | 增加 / 減少 (-) | | | | | | HKD | | | | 本月底結存 | | | 5,000,000,000 | HKD | | 0.01 HKD | | 50,000,000 | 本月底法定/註 ...

Group 1 - Nanshan Aluminum International (02610.HK) expects a mid-term net profit of approximately $225 million to $265 million for the six months ending June 30, 2025, compared to a net profit of about $159 million for the same period ending June 30, 2024 [1] - The increase in net profit is primarily attributed to an improvement in gross margin, driven by higher alumina prices and relatively stable unit production costs [1] - The average selling price of the company's products for the first half of 2025 is expected to be around $530 per ton, up from approximately $387 per ton in the first half of 2024, but lower than $561 per ton in the second half of 2024 [1] Group 2 - TCL Electronics (01070.HK) anticipates a year-on-year adjusted net profit growth of approximately 45% to 65% for the first half of 2025 [2] - Renrui Talent (06919.HK) expects a mid-term profit attributable to equity holders to increase by 66.7% to 94.1% [2] - China Rare Earth Holdings (03788.HK) reports an increase in total gold resources to 5.07 million ounces [2]

项目实施方面，集团承建的广州地铁10号线、12号线新一代智能化PIS产品已正式交付。该项目涵盖物 联平台、大数据平台等六大核心功能，可实现设备高效接入、数据智能处理，采用云平台及播控两级架 构，构建起全新的智慧轨道交通工业控制系统。 技术创新方面，集团在轨道交通智能化领域创新成果再获行业认可。集团参与的「北京轨道交通冬奥支 线智慧创新应用示范项目」荣获「2024年度中国城市轨道交通协会科技进步奖一等奖」，该项目具备多 系统运行及处理能力，可满足智慧轨道交通运营多元化需求；另外，集团主导研发的「基于云原生技术 的轨道交通车载边缘智能关键技术研究与应用」项目，获北京市轨道交通学会2024年度「科学技术进步 一等奖」，该技术可有效提升列车系统集成度、协同性及智能化水平。 此外，二季度集团受邀参与2025印尼轨道交通国际峯会。作为峯会首日为数不多的中国智慧交通技术企 业，集团重点展示了在轨道交通智能一体化升级领域的综合服务能力，并与印尼、马来西亚、泰国等多 国合作伙伴密集接洽，系统介绍了集团在云融合平台、智慧运维等领域的成熟经验，此次参展是集团深 耕东南亚市场的关键举措，也为后续区域合作构建了重要支点。 格隆汇7月2 ...

Core Viewpoint - The company, Jingtou Transportation Technology (01522), is adjusting its business model in response to new policies regarding the provision of communication services for subway systems, particularly focusing on 5G technology and associated cost reductions [1][2] Group 1: Policy Changes and Business Adjustments - The company received a notification from Beijing Infrastructure Investment Co., Ltd. regarding adjustments in the civil communication business policy aimed at enhancing the passenger experience and service quality for subway systems [1] - The company is required to reduce the fees charged to telecom operators for using its civil communication transmission system by approximately 30%, effective from July 1, 2025 [1] - The company will no longer bear the investment costs for the construction of new civil communication transmission systems for subway lines and existing 5G systems [1] Group 2: Financial Impact and Revenue Composition - The company anticipates that the revenue from its civil communication business will account for less than 20% of its total revenue by the end of the fiscal year 2024 [2] - Due to the fee reduction, the company estimates that the total revenue for the fiscal year 2025 will decline by less than 5% compared to the fiscal year 2024 [2] - The timeline for the gradual cancellation of fees is not clearly defined and will depend on negotiations among the involved parties [2] Group 3: Strategic Initiatives - The company plans to sign supplementary agreements with telecom operators to address the fee reductions and explore various solutions to mitigate business risks associated with the rapid development of 5G technology [2] - The company aims to strengthen its main business segments and explore new opportunities to expand its business portfolio and maximize shareholder value [2]

Financial Performance - For the fiscal year ending December 31, 2024, the company reported revenue of HKD 1,656,773,000, a slight increase of 1.0% compared to HKD 1,637,181,000 in 2023[17] - The gross profit for 2024 was HKD 619,687,000, reflecting a 4.3% increase from HKD 591,007,000 in the previous year[17] - The company's net profit attributable to equity shareholders was HKD 167,604,000, down 3.9% from HKD 174,313,000 in 2023[17] - The basic and diluted earnings per share for 2024 were both HKD 0.08, compared to HKD 0.083 in 2023[17] - The company declared a dividend of HKD 0.024 per share for 2024, down from HKD 0.025 in the previous year[17] - In 2024, the company achieved revenue of approximately HKD 1,656.8 million and a profit attributable to equity shareholders of approximately HKD 167.6 million[26] - The board proposed a dividend of HKD 0.024 per share, totaling approximately HKD 50.3 million, with a payout ratio of 30.03%[26] - The gross profit margin for 2024 was approximately 37.4%, an increase of about 1.3 percentage points compared to the previous year[33] - The company's net profit attributable to equity shareholders was approximately HKD 167.6 million, a decrease of about 3.8% year-on-year[43] - The total employee cost for the company was approximately HKD 290.6 million for the fiscal year 2024, a decrease from HKD 297 million in the previous fiscal year, attributed to ongoing optimization of the personnel structure[71] Assets and Liabilities - As of December 31, 2024, total assets reached HKD 4,833,116,000, an increase of 7.2% from HKD 4,508,683,000 in 2023[17] - The company’s total liabilities to total assets ratio was 39.2% as of December 31, 2024, compared to 36.2% in the previous year[47] - The company’s cash and bank balances as of December 31, 2024, were approximately HKD 761.2 million, an increase from HKD 697.1 million in the previous year[45] - The current ratio as of December 31, 2024, was approximately 2.1, up from 1.9 in the previous year[47] Market Presence and Expansion - The company operates in 55 cities across China and has expanded its international presence to 32 cities in 20 countries and regions[9] - The company maintained its leading market share in the domestic vehicle-mounted passenger information system (PIS) business for the ninth consecutive year, expanding its overseas presence to four new countries[24] - The company is focusing on integrating new technologies such as artificial intelligence and cloud computing into its rail transit services[22] - The company plans to continue its strategic focus on innovation and international expansion, aiming to become a leading smart rail transit system service provider in China[27] - The company has been recognized for its commitment to ESG principles, achieving a four-and-a-half-star rating in the Beijing State-owned Listed Companies ESG Pioneer Index[25] Research and Development - Research and development expenses for 2024 were approximately HKD 159.6 million, a decrease of about 6.6% due to improved efficiency[40] - The group obtained 29 new patents and 77 software copyrights during the year, bringing the total to 149 patents and 645 software copyrights[64] - The group is focusing on the integration of artificial intelligence, big data, and cloud computing in smart rail transit products, with expectations for market expansion in the coming years[65] Contracts and Projects - The company secured a contract for the Beijing Metro Line 22 PIS project worth approximately RMB 58.16 million, which will integrate an AI analysis system into the conventional PIS system[51] - The company successfully entered international markets, winning contracts in Chile for the Meripia PIS project worth approximately RMB 16.71 million and in India for projects worth approximately RMB 23.50 million[52] - The company completed the delivery of the passenger service system and intelligent analysis system for the world's fastest high-speed train CR450, enhancing train monitoring and passenger service levels[53] - The company signed a major communication system integration project for the Beijing Metro Line 22, valued at RMB 480 million, marking the largest single project contract in this segment[55] Governance and Management - The board consists of at least three independent non-executive directors, representing one-third of the board, with at least one having appropriate professional qualifications or expertise in accounting or related financial management[177] - The board has established four committees: Audit Committee, Remuneration Committee, Nomination Committee, and ESG Committee, each with specific written terms of reference[188] - The board confirmed the effective implementation of its independence mechanism during the annual review for the fiscal year 2024[184] - The company has established a corporate governance framework and complied with the corporate governance code during fiscal year 2024[171] - The company has arranged appropriate directors and officers liability insurance for its directors and senior management[167] Shareholder Information - The total issued shares as of December 31, 2024, amounted to 2,097,146,727[82] - The market capitalization as of December 31, 2024, was HKD 566.23 million, with a closing price of HKD 0.270[82] - The dividend yield based on the market price was 8.9%[82] - The company has established a stable and scientific return mechanism for shareholders, considering strategic planning and cash flow[81] Related Party Transactions - The company has confirmed compliance with the relevant pricing policies for the ongoing related party transactions[158] - Independent non-executive directors have verified that the ongoing related party transactions are conducted in the normal course of business and are fair and reasonable[159] - The company entered into a lease agreement for a property in Beijing, with a total rental payment of approximately RMB 10.3 million (around HKD 11.2 million) for a 39-month term[139] Social Responsibility - For the fiscal year 2024, the group made donations amounting to approximately HKD 42.1 thousand, a decrease from HKD 425.8 thousand in fiscal year 2023[164] - The company has a strong focus on environmental, social, and governance (ESG) management, with dedicated committees in place[94]

Core Viewpoint - The company, Beijing Investment Transportation Technology (01522), announced the potential sale of its 49% stake in the joint venture, Metro Technology, to an independent third party, Metro Company, for a final transaction price of RMB 68.33 million (approximately HKD 74.21 million) [1][2] Group 1 - The purpose of establishing Metro Technology was to improve the maintenance and repair of Beijing's automatic ticketing system, enhance the operational safety of related equipment, and expand revenue sources to improve financial performance [1] - Since its establishment, the company has continuously received investment returns from Metro Technology; however, recent operational growth has not met expectations, prompting a strategic focus on core business [1] - The board believes that the sale will not have a significant impact on the company and considers the terms of the sale and the property transaction contract to be fair and reasonable, aligning with the overall interests of the company and its shareholders [1] Group 2 - To ensure that the company's business is not affected by the sale, Metro Technology has committed not to engage in new business operations related to automatic ticketing and passenger information systems in Beijing or elsewhere in China in the future [2]

Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of HKD 1,656,773,000, a slight increase of 1.5% compared to HKD 1,637,181,000 in 2023[4] - Gross profit for 2024 was HKD 619,687,000, representing a gross margin of approximately 37.4%, up from HKD 591,007,000 in 2023[4] - Operating profit increased to HKD 201,875,000 in 2024, compared to HKD 185,217,000 in 2023, reflecting a growth of 9.0%[4] - The net profit for the year was HKD 179,507,000, a decrease of 3.6% from HKD 185,728,000 in the previous year[4] - Basic and diluted earnings per share for 2024 were HKD 0.080, down from HKD 0.083 in 2023[4] - The company reported a total comprehensive income of HKD 171,511,000 for the year, compared to HKD 119,245,000 in 2023, indicating a significant increase[6] Assets and Liabilities - Total assets increased to HKD 3,257,328,000 in 2024 from HKD 2,948,095,000 in 2023, representing a growth of approximately 10.4%[7] - Non-current assets decreased slightly to HKD 1,599,956,000 in 2024 from HKD 1,586,428,000 in 2023, a decline of about 0.8%[7] - Current assets rose to HKD 1,657,372,000 in 2024, up from HKD 1,361,667,000 in 2023, marking an increase of approximately 21.7%[7] - Total liabilities increased to HKD 316,385,000 in 2024 from HKD 69,246,000 in 2023, a significant rise of approximately 356.5%[8] - The company's equity attributable to shareholders increased to HKD 2,775,601,000 in 2024 from HKD 2,707,818,000 in 2023, reflecting a growth of about 2.5%[8] Revenue Segmentation - Revenue from the Smart Passenger Information Services segment was HKD 755,912,000 in 2024, down from HKD 770,937,000 in 2023, indicating a decrease of about 1.5%[16] - The Smart Infrastructure segment generated revenue of HKD 385,272,000 in 2024, significantly up from HKD 288,812,000 in 2023, marking an increase of around 33.5%[16] - The group’s revenue from Data and Integration Services was HKD 515,589,000 in 2024, down from HKD 577,432,000 in 2023, representing a decrease of approximately 10.7%[16] - Revenue from customers in mainland China accounted for HKD 1,596,171,000 in 2024, compared to HKD 1,561,723,000 in 2023, reflecting a growth of approximately 2.2%[24] Research and Development - Research and development expenses for the year were HKD 159,599,000, slightly reduced from HKD 170,762,000 in 2023[4] - The group’s research and development expenses for 2024 were approximately HKD 159.6 million, a decrease of about 6.6% due to improved R&D efficiency[53] - The group obtained 29 new patents and 77 software copyrights during the year, bringing the total to 149 patents and 645 software copyrights[80] Market Expansion and Strategy - The company aims to expand its market presence and enhance product offerings in the upcoming fiscal year[2] - The group expanded its market presence to cover 55 cities in mainland China and 32 cities in 20 overseas countries and regions by the end of 2024[47] - The company is actively expanding its international business, with a focus on replicating successful industry models in more "Belt and Road" countries, as global urban rail transit operating mileage is projected to exceed 45,000 kilometers by 2025[83] Dividend and Shareholder Information - The proposed final dividend for 2024 is HKD 50,332,000, with a dividend per share of HKD 0.024, compared to HKD 52,429,000 and HKD 0.025 in 2023[41] - The final dividend is subject to approval at the annual general meeting scheduled for June 19, 2025[96] Compliance and Governance - The company has adhered to corporate governance principles throughout the fiscal year 2024[94] - The audit committee held five meetings during the fiscal year 2024, reviewing significant financial performance and compliance issues[90] Employee Information - The company has 623 employees as of December 31, 2024, down from 647 in the previous year, with total employee costs approximately HKD 290.6 million, a decrease from HKD 297 million in the previous fiscal year[84] - The company has implemented a continuous optimization of its personnel structure, contributing to a reduction in employee costs[84] Other Financial Information - The financing costs decreased to HKD 9,884,000 in 2024 from HKD 10,456,000 in 2023, representing a decline of approximately 5.5%[25] - The total income from other sources decreased to HKD 21,790,000 in 2024 from HKD 38,538,000 in 2023, reflecting a decline of approximately 43.4%[23]

Z:\09. IR\160613 BII Railway IR24\Cover\BII IR23 Full Cover 2024 （於開曼群島註冊成立的有限公司） 股份代號：1522 2024 中期報告 行穩致遠 | --- | --- | |------------------------------|-------| | | | | | | | 目錄 | | | | | | 公司資料 | 2 | | 公司概覽 | 3 | | 管理層討論及分析 | 6 | | 其他資料 | 17 | | 釋義 | 22 | | 中期審閱報告 | 24 | | 簡明綜合損益表 | 25 | | 簡明綜合損益及其他全面收益表 | 26 | | 簡明綜合財務狀況表 | 27 | | 簡明綜合權益變動表 | 29 | | 簡明綜合現金流量表 | 30 | | 未經審核中期財務報告附註 | 31 | 公司資料 | --- | --- | |-------------------------------------------|-------------------------------| | | | | 董事會 | 本公司法律顧問 ...

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of HKD 468,982,000, a decrease of 1.5% compared to HKD 473,188,000 for the same period in 2023[2] - Gross profit for the same period was HKD 189,650,000, slightly up from HKD 188,375,000, indicating a marginal increase of 0.7%[2] - Operating profit surged to HKD 7,605,000, a significant increase from HKD 60,000 in the previous year, reflecting a substantial improvement in operational efficiency[2] - The net profit for the period was HKD 3,645,000, up 38.4% from HKD 2,632,000 in the prior year[3] - The total comprehensive income for the period was HKD (18,211,000), a significant improvement from HKD (77,020,000) in the same period last year[3] - The reported segment profit for the six months ended June 30, 2024, was HKD 189,650,000, up from HKD 188,375,000 in the previous year, indicating a marginal growth[15] - The total revenue for the twelve months ended June 30, 2024, was HKD 1,632,975,000, compared to HKD 1,538,279,000 for the twelve months ended June 30, 2023, representing an increase of approximately 6.1%[16] - The group’s profit attributable to equity shareholders was approximately HKD 9.6 million, an increase of about 89.6% compared to the same period last year[40] Revenue Breakdown - Revenue from smart passenger information services decreased to HKD 167,374,000 for the six months ended June 30, 2024, down from HKD 243,942,000 in the same period of 2023, representing a decline of approximately 31.3%[10] - Revenue from data and integration services increased to HKD 165,240,000 for the six months ended June 30, 2024, up from HKD 143,247,000 in the same period of 2023, reflecting a growth of about 15.3%[10] - Revenue from smart infrastructure services rose to HKD 136,368,000 for the six months ended June 30, 2024, compared to HKD 85,999,000 in the same period of 2023, indicating an increase of approximately 58.5%[10] - Revenue from mainland China accounted for HKD 455,541,000, an increase from HKD 448,096,000 in the same period of 2023, showing a growth of approximately 1.0%[10] - Revenue from Hong Kong was HKD 10,979,000, up from HKD 9,802,000 in the same period of 2023, representing an increase of about 12.0%[10] - Revenue from overseas markets decreased to HKD 2,462,000, down from HKD 15,290,000 in the same period of 2023, reflecting a decline of approximately 83.9%[10] Expenses and Costs - Research and development expenses decreased to HKD 83,119,000 from HKD 88,865,000, showing a reduction of 6.2%[2] - The company’s total income tax expense for the six months ended June 30, 2024, was HKD 6,122,000, compared to HKD 6,917,000 for the same period in 2023, representing a decrease of about 11.5%[19] - The company’s total other income for the six months ended June 30, 2024, was HKD 8,060,000, down from HKD 13,995,000 in the previous year, reflecting a decrease of approximately 42.3%[15] - The group’s sales, general and administrative expenses amounted to approximately HKD 106.1 million, a decrease of about HKD 4.1 million or 3.7% compared to the same period last year, mainly due to cost reduction measures implemented by the group[36] - The financing costs for the six months ended June 30, 2024, were HKD 4,599,000, a decrease from HKD 5,293,000 in the previous year, reflecting a decline of approximately 13.1%[17] Assets and Liabilities - Total assets as of June 30, 2024, were HKD 2,981,629,000, compared to HKD 2,922,255,000 at the end of 2023, representing an increase of 2.0%[4] - The company’s non-current assets totaled HKD 1,570,269,000, a decrease from HKD 1,586,428,000 at the end of 2023, reflecting a decline of 1.0%[4] - The company reported a basic and diluted earnings per share of HKD 0.0046, up from HKD 0.0024 in the previous year, marking an increase of 91.7%[2] - Contract assets as of June 30, 2024, amounted to HKD 764,537,000, an increase from HKD 714,262,000 as of December 31, 2023[21] - Trade receivables and notes receivable, net of loss provisions, totaled HKD 922,208,000 as of June 30, 2024, down from HKD 1,069,749,000 as of December 31, 2023[25] - Trade payables and notes payable were HKD 968,478,000 as of June 30, 2024, compared to HKD 916,512,000 as of December 31, 2023[27] - The company’s contract liabilities from service contracts increased to HKD 95,919,000 as of June 30, 2024, from HKD 45,800,000 as of December 31, 2023[21] Corporate Governance and Compliance - The group has not applied any new standards or amendments that have not yet come into effect during the reporting period, indicating stability in accounting practices[8] - The group operates four reportable segments: smart passenger information services, data and integration services, smart infrastructure, and investment in business expansion[11] - The group’s management does not provide separate asset and liability information for operational segments, focusing instead on revenue and expenses for performance evaluation[12] - The company has established a securities trading code for directors and employees, ensuring compliance with trading regulations[63] - The Audit Committee has been established in accordance with listing rules and consists of three independent non-executive directors as of June 30, 2024[65] - The interim financial report for the six months ending June 30, 2024, has been reviewed by the independent auditor and complies with applicable accounting standards and listing rules[67] - The company confirms adherence to the Corporate Governance Code as of June 30, 2024[68] Strategic Developments - The group signed new contracts and won bids amounting to approximately RMB 830 million in the first half of the year, with a backlog of approximately HKD 2.77 billion as of June 30, 2024, representing a growth of about 9.5% from the end of 2023[32] - The group successfully signed the Beijing Metro AFC 2.0 system project, enhancing user engagement through optimized service content[49] - The group successfully signed the Daxing Airport expressway smart control platform upgrade project, marking its entry into the fire protection field[51] - The group actively explored new growth points by integrating and optimizing existing business models, focusing on four value-added business development directions[50] - The group has launched 8 innovative products across three major business segments, enhancing the precision of passenger information services and smart maintenance management platforms[56] - The group plans to deepen its "3+2" business layout and enhance management levels to ensure timely and quality project completion while expanding market reach domestically and internationally[58] Market and Economic Context - In the first half of the year, China's GDP grew by approximately 5.0%, with infrastructure investment increasing by about 7.2% compared to the same period last year, indicating a positive trend for the rail transit industry[57] - The number of approved urban rail projects increased by 2 compared to the same period last year, totaling 13 lines and approximately 612.2 kilometers, providing ample market space for long-term development in the rail transit sector[57]

Financial Performance - The company achieved a revenue of approximately HKD 1,637.2 million in 2023, a slight decrease of 0.1% compared to HKD 1,638.9 million in 2022[31]. - Gross profit for 2023 was HKD 591.0 million, showing a marginal increase from HKD 586.3 million in 2022[31]. - The profit attributable to equity shareholders was approximately HKD 174.3 million, down from HKD 179.3 million in the previous year, representing a decrease of 0.5%[31]. - The company proposed a dividend of HKD 0.025 per share, totaling approximately HKD 52.4 million, with a payout ratio of 30.2%[31]. - The gross profit margin for 2023 was approximately 36.1%, reflecting an increase of about 0.3 percentage points year-on-year[41]. - The company's net profit attributable to equity shareholders was approximately HKD 174.3 million, a decrease of about 2.8% year-on-year, but an increase of approximately 1.6% in RMB terms[41]. - The company reported a net profit margin of 10.65% and a return on equity of 6.60% for the fiscal year[102]. - The company maintained a dividend payout ratio of at least 30% in the medium to long term, based on strategic planning and business development considerations[100]. Market Expansion and Strategy - The company has expanded its business coverage to 28 provinces, municipalities, and special administrative regions in China, and 16 countries and regions overseas, totaling 54 cities domestically and 26 cities internationally[11]. - The company’s market strategy emphasizes deepening its presence in the domestic market while exploring international opportunities[11]. - The company achieved significant market expansion, with notable growth in both domestic and international markets[11]. - The company is focused on accelerating the implementation of its "14th Five-Year" strategic plan in 2024, emphasizing smart, low-carbon, and independent development trends[33]. - The company is targeting a diversified layout in the rail transit sector while expanding into non-rail industries[82]. - The company is actively exploring smart applications in integrated transportation hubs through its associate company, Jingzhi Network Technology, laying the foundation for future market order expansion[69]. Research and Development - The company holds 120 software copyrights and 568 patents as of the end of 2023[16]. - Research and development expenses for 2023 were approximately HKD 170.8 million, reflecting a growth of about 7.0% year-on-year due to enhanced R&D efforts[48]. - The company has established a two-tier R&D system, focusing on core technology and engineering applications, enhancing innovation capabilities and R&D efficiency[75]. - The company participated in the national-level demonstration project for the "Next Generation Intelligent Train Operation System and Platform," innovating a basic platform and a vehicle-mounted edge cloud platform based on industrial internet[75]. - The company is committed to maintaining high levels of R&D investment to enhance its core technology capabilities in response to rapid technological advancements[94]. Operational Highlights - The company provides a full lifecycle system solution for rail transit development, integrating technology and innovation[7]. - The company’s core business includes smart passenger information services, data and integration services, and smart infrastructure[9]. - Revenue from smart passenger information services was approximately HKD 770.9 million, an increase of about 3.9% year-on-year[42]. - Revenue from data and integration services decreased by approximately 12.8% to HKD 577.4 million, primarily due to the completion of significant projects in the previous fiscal year[44]. - Revenue from smart infrastructure services increased by approximately 23.0% to HKD 288.8 million, driven by the growth of "smart +" business initiatives[44]. Awards and Recognition - The company has received several awards in 2023, including a second prize for traffic industry equipment management and technology innovation[17]. - The company maintained its leading market share in the domestic market for the eighth consecutive year in the smart passenger information service sector[29]. Employee and Corporate Governance - As of December 31, 2023, the group had 647 employees, down from 744 in 2022, with total employee costs approximately HKD 297 million, a decrease from HKD 323 million in the previous fiscal year[88]. - The company actively enhances its human resources system and corporate culture, focusing on employee rights and providing quality training and career development opportunities[156]. - The company has received confirmations of independence from all independent non-executive directors for the fiscal year 2023, and they are still considered independent[150]. Financial Position and Assets - Non-current assets increased to HKD 1,586.4 million in 2023 from HKD 1,561.2 million in 2022, reflecting a growth of 1.5%[31]. - Total assets rose to HKD 4,508.7 million in 2023, compared to HKD 4,403.8 million in 2022, marking an increase of 2.4%[31]. - The cash and cash equivalents as of December 31, 2023, were approximately HKD 697.1 million, down from approximately HKD 808.7 million as of December 31, 2022[54]. - The group had total loans of HKD 331.4 million as of December 31, 2023, a decrease from approximately HKD 383.9 million as of December 31, 2022[55]. - The current ratio as of December 31, 2023, was approximately 1.9, down from 2.1 as of December 31, 2022[57]. Shareholder Information - The board proposed a final dividend of HKD 0.025 per share for the fiscal year 2023, compared to HKD 0.026 per share in fiscal year 2022[89]. - The total amount for the proposed final dividend is approximately HKD 52.43 million[100]. - The company will suspend share transfer registration from June 20 to June 26, 2024, to determine eligibility for attending the annual general meeting[137]. - As of December 31, 2023, major shareholders hold approximately 55.20% of the company's issued share capital, with 京投香港 and 京投公司 each owning 1,157,634,900 shares[163]. Compliance and Regulations - The 2023 fiscal year report indicates that the group has complied with relevant laws and regulations that significantly impact its business and operations[133]. - The company has confirmed compliance with the applicable disclosure requirements under Chapter 14A of the Listing Rules regarding related party transactions[196]. - The company has received an unqualified opinion from its auditor regarding the ongoing related party transactions[195].