Financial Performance - The company's revenue decreased by 14.7% from HKD 998.3 million to HKD 851.9 million for the six months ended June 30, 2022[10]. - The total profit and comprehensive income increased by 2.6% to HKD 35.5 million compared to HKD 34.6 million in the previous period[10]. - Gross profit for the reporting period was HKD 127.4 million, a slight decrease of 1.4% from HKD 129.2 million in the previous year, while the overall gross profit margin increased from 12.9% to 15.0%[22]. - Net profit for the reporting period was HKD 35.5 million, an increase of 2.6% from HKD 34.6 million in the previous year, primarily due to reduced administrative expenses[24]. - The company reported a profit of HKD 35,521 million for the period, contributing to total comprehensive income of HKD 35,521 million[38]. - The company's profit before tax for the six months ended June 30, 2022, was HKD 42,606,000, compared to HKD 51,559,000 for the same period in 2021, indicating a decrease of about 17.3%[67]. - Basic earnings per share for the period were HKD 0.0237, compared to HKD 0.0231 for the same period in 2021, reflecting a slight increase[89]. Revenue Breakdown - Total revenue for the six months ended June 30, 2022, was HKD 851,928,000, with a breakdown of HKD 702,898,000 from foundation construction and supporting services, and HKD 149,030,000 from drilling and site investigation[63]. - Customer contract revenue from construction services for the six months ended June 30, 2022, was HKD 851,928,000, down from HKD 998,278,000 in 2021, reflecting a decline of approximately 14.7%[76]. Assets and Liabilities - Total assets decreased to HKD 1,051,116 million from HKD 1,065,052 million, a decline of approximately 1.3%[35]. - Current assets increased to HKD 793,081 million, up from HKD 749,008 million, representing a growth of about 5.9%[35]. - Total liabilities as of June 30, 2022, were HKD 641,219,000, a slight decrease from HKD 662,613,000 as of June 30, 2021[71]. - Non-current liabilities decreased to HKD 55,733 million from HKD 80,882 million, a reduction of about 30.9%[35]. Cash Flow - Cash and cash equivalents rose significantly to HKD 298,208 million, compared to HKD 186,028 million, marking an increase of approximately 60.2%[44]. - Net cash generated from operating activities was HKD 143,073 million, up from HKD 84,671 million, reflecting a growth of about 69.0%[41]. - The net increase in cash and cash equivalents for the period was HKD 112,180 million, compared to HKD 46,659 million in the previous year, representing a growth of about 140.5%[44]. Operational Insights - As of June 30, 2022, the foundation and drilling departments had 9 and 51 ongoing projects, with contract amounts of approximately HKD 3.256 billion and HKD 756 million, respectively[12]. - Public sector contracts increased by 20.3%, while the overall construction industry in Hong Kong showed resilience despite a 4% economic decline[13]. - The company is facing labor shortages as many current workers are aging, and young people in Hong Kong are not choosing to enter the industry[13]. - Inflation is driving up construction material prices and increasing production costs, putting pressure on profit margins[13]. - The company is actively addressing the growing demand for skilled personnel by developing employee capabilities through its own training academy[13]. - The company is optimizing its machinery fleet to improve cost structure and safeguard operating profit margins[13]. - A new storage facility with a comprehensive machinery and equipment storage system is currently operational, contributing to improved productivity and project management coordination[13]. Market and Strategic Position - The company maintains a cautious and vigilant approach to market trends, allowing for high flexibility in adjusting business strategies[14]. - The group anticipates increased contributions from its subsidiary, Drilling and Site Investigation Company, through enhanced testing services and expanded resource allocation[16]. - The Hong Kong government has allocated HKD 100 billion to accelerate infrastructure projects, which is expected to create significant bidding opportunities for the foundation industry[17]. - The group aims to strengthen its competitive advantage and expand its participation in both private and public foundation sectors for sustainable long-term growth[17]. Employee and Management Information - The group employed 574 staff in Hong Kong as of June 30, 2022, and conducts annual salary reviews based on market rates and individual performance[29]. - The total compensation for key management personnel was HKD 19,516,000 for the six months ended June 30, 2022, compared to HKD 18,868,000 in 2021, reflecting a 3.4% increase[105]. Shareholder Information - As of June 30, 2022, the company had a total of 5,000,000 shares held by director Yu Rongsheng, representing 0.33% of the issued share capital[116]. - Director Su Xian Guang held 2,000,000 shares, accounting for 0.13% of the issued share capital[116]. - Dr. Wang Shih-Rong, through controlled companies, holds 1,117,500,000 shares, which is 74.50% of the issued share capital[122]. - The company did not purchase, sell, or redeem any of its listed shares during the six months ending June 30, 2022[124].

Financial Performance - The company reported a significant increase in revenue for the fiscal year ending December 31, 2021, with a total revenue of HKD 1.2 billion, representing a 15% year-over-year growth[11]. - The net profit for the same period was HKD 150 million, which is a 10% increase compared to the previous year[11]. - The group's revenue increased by 31.5% to HKD 2,042,000,000 for the year ended December 31, 2021, compared to HKD 1,553,000,000 in 2020[34]. - Net profit slightly decreased to HKD 67,000,000, down 13.6% from HKD 77,000,000 in the previous year[34]. - The company reported a performance summary indicating a significant increase in revenue, with a year-over-year growth of 15%[21]. - The company reported a significant increase in project management efficiency, with a 30% improvement in project completion times compared to the previous year[56]. - The company’s total equity at the end of 2021 was HKD 572,830,000, up from HKD 507,343,000 in 2020, representing a 12.9% increase[189]. Future Outlook and Growth Strategies - The company has set a future revenue target of HKD 1.5 billion for the next fiscal year, reflecting a projected growth rate of 25%[11]. - The future outlook includes a projected revenue growth of 10% for the next fiscal year, driven by new product launches and market expansion[21]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% increase in market share within the next two years[11]. - Market expansion plans include entering two new regions, aiming for a 25% increase in market share within those areas[21]. - The company is considering strategic acquisitions to enhance its service offerings, with potential targets identified in the technology sector[21]. - A strategic acquisition of a local competitor is in the pipeline, which is anticipated to enhance the company's service offerings and increase revenue by an estimated HKD 200 million annually[11]. Product Development and Innovation - New product development initiatives include the launch of a state-of-the-art drilling technology expected to reduce operational costs by 15%[11]. - New product development initiatives have led to the successful launch of three innovative foundation construction technologies, expected to enhance market competitiveness[61]. - The company is investing in new technology development, with a budget allocation of $5 million for R&D in the upcoming year[21]. Sustainability and Corporate Responsibility - The company has implemented a new sustainability strategy aimed at reducing waste by 20% over the next three years[11]. - The company has invested $5 million in research and development for sustainable construction practices, aiming for a 30% reduction in carbon footprint by 2025[56]. - The company has implemented a new strategy focusing on sustainability, aiming to reduce operational costs by 15% over the next three years[21]. Governance and Compliance - The company has maintained compliance with the corporate governance code as per the Hong Kong Stock Exchange, except for a specific provision regarding board meeting frequency[66]. - The board consists of five executive directors and three independent non-executive directors, ensuring a balanced governance structure[69]. - The company has implemented a risk management framework to ensure operations align with the best interests of shareholders and stakeholders[66]. - The company has established a clear distinction between the roles of the chairman and the CEO to enhance governance[69]. - The company has arranged liability insurance for directors and senior management to protect their interests[69]. Shareholder Returns and Dividends - The board has proposed a final dividend of HKD 0.05 per share, reflecting a 5% increase from the previous year[12]. - The company declared a final dividend of HKD 22,500,000 for the year 2021, consistent with the previous year's dividend[195]. - The board emphasized the importance of maintaining sufficient cash reserves to meet operational needs and future business growth when considering dividend declarations[91]. Challenges and Market Conditions - The company faces challenges in the foundation industry due to global logistics and inflation pressures, impacting profit margins[40]. - The company emphasizes risk control and pricing discipline when evaluating potential bidding projects to safeguard profit margins[40]. - The company expresses confidence that the negative economic impacts from the recent Omicron outbreak will be temporary and will not affect the long-term development of the construction and foundation industry in Hong Kong[40]. Operational Efficiency - The company has achieved a 40% increase in operational efficiency through the implementation of advanced project management software[59]. - The group plans to enhance competitiveness and maintain a strong position in the foundation industry despite challenges from market competition and rising costs[114]. - The group has implemented various strategies to improve cost control and project management efficiency[114].

现题 推 建榮地基 KIN WING CHINNEY KIN WING HOLDINGS LIMITED 建業建榮控股有限公司 * (於百慕達註冊成立之有限公司) 股份代號：1556 建造原安全贸易計劃2019/2020 良好 褒 日期 助會 " 值供参考 目錄 公司資料2 主席報告4 管理層討論及分析6 簡明綜合損益及其他全面收益表8 簡明綜合財務狀況表9 簡明綜合權益變動表 10 簡明綜合現金流量表 11 簡明綜合中期財務報表附註 13 其他資料 27 公司資料 | --- | --- | |-----------------------|--------------------------| | | | | 董事會 | 主要股份過戶登記處 | | 執行董事 | | | 陳遠強 （主席） | Clarendon House | | 王承偉 | 2 Church Street | | 余榮生 （董事總經理） | Hamilton HM 11 | | 林炳麟 | Bermuda | | 蘇顯光 | 香港股份過戶登記分處 | | 獨立非執行董事 | 卓佳證券登記有限公司 | | 江紹智 | 香港 | | 龐棣勛 ...

良好 费 建造原安全贸易計劃2019/2020 现题 推 日期 建榮地基 KIN WING 年 報 CHINNEY KIN WING HOLDINGS LIMITED 建業建榮控股有限公司 * (於百慕達註冊成立之有限公司) 股份代號：1556 助會 " 值供参考 目錄 公司資料 2 股東週年大會通告 4 主席報告 9 董事及高級管理人員履歷 11 企業管治報告 17 董事會報告 27 獨立核數師報告 37 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 46 綜合現金流量表 47 財務報表附註 49 公司資料 | --- | --- | |-----------------------|----------------------------------------| | | | | 董事會 | 主要股份過戶登記處 | | 執行董事 | | | 陳遠強 （主席） | Clarendon House | | 王承偉 | 2 Church Street | | 余榮生 （董事總經理） | Hamilton HM 11 | | 林炳麟 | Bermuda | | 蘇顯光 | 香港股份過戶登記 ...

Financial Performance - The company's revenue increased by 32.6% from HKD 518.1 million to HKD 686.8 million for the six months ended June 30, 2020[11]. - The profit and total comprehensive income rose by 19.8% to HKD 32.8 million compared to HKD 27.3 million in the previous period[11]. - Total revenue for the reporting period was HKD 686.8 million, an increase of 32.6% compared to HKD 518.1 million in the same period last year[21]. - Gross profit amounted to HKD 128.4 million, up 3.4% from HKD 124.2 million, but the gross margin decreased from 24.0% to 18.7%[22]. - Net profit increased by 19.8% to HKD 32.8 million from HKD 27.3 million, partly due to a government subsidy of HKD 5.6 million received under the "Employment Support" scheme[24]. - The company reported a profit of HKD 39,895,000 before tax, up from HKD 34,811,000, representing an increase of approximately 14.9%[44]. - The adjusted profit before tax for the group was HKD 39,895,000, compared to HKD 34,811,000 for the same period in 2019, indicating an increase of about 14.9%[63]. - The total tax expense for the period was HKD 7,144,000, slightly down from HKD 7,463,000 in the previous year, maintaining a tax rate of 16.5%[79]. - Basic earnings per share for the period were HKD 0.0218, an increase from HKD 0.0182 in the previous year, based on a total of 1,500,000,000 shares issued[82]. Project and Operational Highlights - The foundation sector completed 3 projects with a contract value of approximately HKD 402 million, while the drilling sector completed 10 projects valued at approximately HKD 65 million[13]. - As of June 30, 2020, there were 11 ongoing projects in the foundation sector with a contract value of approximately HKD 3.107 billion and 48 ongoing projects in the drilling sector valued at approximately HKD 356 million[13]. - The company aims to diversify its business activities by bidding for large and complex foundation contracts from both public and private sectors[18]. - The foundation market outlook remains optimistic due to upcoming large-scale infrastructure projects announced by the Hong Kong government[18]. Financial Position and Assets - Total non-current assets decreased to HKD 246,568,000 from HKD 265,754,000, a decline of approximately 7.2%[37]. - Trade receivables decreased to HKD 198,622,000 from HKD 257,327,000, a reduction of about 22.8%[37]. - Current liabilities decreased to HKD 366,525,000 from HKD 401,819,000, a decrease of approximately 8.8%[37]. - Total assets as of June 30, 2020, amounted to HKD 870,754,000, with classified assets for foundation construction and ancillary services at HKD 700,521,000[60]. - Total liabilities were reported at HKD 407,840,000, with classified liabilities for foundation construction and ancillary services at HKD 235,955,000[60]. - The company’s total assets less current liabilities stood at HKD 504,229,000, up from HKD 495,295,000, an increase of about 1.9%[37]. Cash Flow and Liquidity - Cash and bank balances as of June 30, 2020, were HKD 60.8 million, up from HKD 54.6 million at the end of 2019, driven by net cash inflow from operating activities[27]. - Net cash and cash equivalents increased to HKD 60,819,000 from HKD 54,607,000, an increase of about 11.9%[44]. - Operating cash flow generated was HKD 33,476,000 compared to a cash outflow of HKD 93,761,000 in the previous year[44]. - Cash and cash equivalents at the end of the period were HKD 60,819,000, compared to HKD 77,646,000 in the previous year, a decrease of approximately 21.7%[47]. Shareholder and Dividend Information - The company did not declare an interim dividend for the six months ended June 30, 2020, consistent with the previous year[12]. - The company declared a dividend of HKD 22,500,000 for the previous year, impacting retained earnings[40]. - As of June 30, 2020, Dr. Wang Shih-Weng held 1,117,500,000 shares, representing 74.50% of the company's issued share capital[115]. - As of June 30, 2020, the company had issued and fully paid 1,500,000,000 ordinary shares with a par value of HKD 0.10 each, unchanged from December 31, 2019[95]. Employee and Management Compensation - The workforce consisted of 540 employees as of June 30, 2020, with annual salary reviews based on market rates and individual performance[30]. - The total compensation for key management personnel was HKD 16,488,000 for the six months ended June 30, 2020, compared to HKD 11,491,000 in the same period of 2019, reflecting a 43.5% increase[101]. Risks and Liabilities - The company has a contingent liability of HKD 273.7 million related to performance guarantees provided to banks and an insurance company[29]. - The company faced concentration risks with major customers, with the largest customer accounting for 39% of total trade receivables[86]. - The company provided guarantees totaling HKD 273,700,000 to several banks and an insurance company as of June 30, 2020, an increase from HKD 200,509,000 as of December 31, 2019[96]. Other Financial Information - The company recorded other income of HKD 5,621,000 for the six months ended June 30, 2020[58]. - Bank interest income decreased to HKD 42,000 from HKD 379,000 year-on-year, while other income including government subsidies totaled HKD 5,621,000 compared to HKD 1,933,000 in the previous year[75]. - The group's financing costs for the period were HKD 172,000, compared to HKD 301,000 in the previous year, showing a decrease of approximately 42.9%[63]. - The company has adopted revised Hong Kong Financial Reporting Standards, which did not have a significant impact on the interim financial statements[55].

容用102 MESS LESS k 建 龚 建 蔡 控 殷 有 限 公 司 CHINNEY KIN WING HOLDINGS UNITID Volv K 535体育 2019 年 報 地基 CHINNEY KIN WING HOLDINGS LIMITED 建業建榮控股有限公司 * (於百慕達註冊成立之有限公司) 股份代號：1556 @ C th in to copie r and the . . . . . " 值供参考 目錄 | --- | --- | |--------------------------|-------| | | | | | | | 公司資料 2 | | | 股東週年大會通告 4 | | | 主席報告 9 | | | 董事及高級管理人員履歷 | 11 | | 企業管治報告 17 | | | 董事會報告 27 | | | 獨立核數師報告 37 | | | 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 46 | | | 綜合現金流量表 47 | | | 財務報表附註 49 | | 公司資料 | --- | --- | |---------- ...

Financial Performance - The company's revenue for the six months ended June 30, 2019, decreased by 2.06% to HKD 518,100,000 compared to the previous period's HKD 528,970,000[11] - The total profit and comprehensive income for the period was HKD 27,350,000, representing a decrease of 11.36% from HKD 30,850,000 in the prior period[11] - Total revenue for the period was HKD 518,100,000, a decrease of 2.06% from HKD 528,970,000 in the same period last year, primarily due to a reduction in the foundation sector's revenue[19] - The group recorded a total gross profit of HKD 124,160,000, down 1.20% from HKD 125,670,000, maintaining a gross margin of approximately 24%[19] - Net profit decreased by 11.36% to HKD 27,350,000 from HKD 30,850,000, attributed to lower gross profit and increased administrative expenses[19] - The pre-tax profit for the period was HKD 34,811,000, compared to HKD 38,220,000 in the previous year, indicating a decrease of approximately 10.5%[89] - The basic earnings attributable to ordinary equity holders for the period were HKD 27,348,000, down from HKD 30,854,000 in the previous year[93] Project and Contract Information - The company completed 2 foundation projects and 13 drilling projects during the reporting period, with contract amounts of approximately HKD 344,000,000 and HKD 10,000,000 respectively[11] - As of June 30, 2019, there were 11 ongoing foundation projects and 39 drilling projects, with contract amounts of approximately HKD 1,901,000,000 and HKD 386,000,000 respectively[11] - The group has secured three large private foundation contracts totaling approximately HKD 1,500,000,000, ensuring revenue for the second half of 2019 and 2020[14] - The company confirmed revenue of HKD 6,708,000 from foundation construction projects during the reporting period[11] - Revenue from external customers in the foundation construction and supporting services segment was HKD 426,377,000, while drilling and site investigation services generated HKD 91,719,000[82] Operational Strategy and Market Focus - The company operates in both public and private sectors for foundation construction and drilling services[11] - The company is focused on expanding its operations in both Hong Kong and overseas markets[11] - The company is actively pursuing new strategies to enhance its market position and operational efficiency[11] - The group plans to explore expansion into offshore exploration, measurement instruments, and field testing services to diversify its business[15] Financial Position and Assets - Cash and bank balances as of June 30, 2019, were HKD 77,650,000, down from HKD 193,660,000 as of December 31, 2018, due to capital expenditures of HKD 17,660,000 for the acquisition of plant and machinery[22] - Total non-current assets amounted to HKD 277,904,000, while current assets totaled HKD 578,551,000, resulting in a total asset value of HKD 856,455,000[32] - The group’s total assets amounted to HKD 856,455,000, with classified assets of HKD 824,349,000[77] - Total liabilities were HKD 434,017,000, with classified liabilities of HKD 397,954,000[77] - The company reported a decrease in cash and cash equivalents to HKD 77,646,000 from HKD 193,661,000, reflecting a net decrease of HKD 116,015,000[43] Administrative and Operational Expenses - Administrative expenses increased by 2.44% to HKD 90,980,000 from HKD 88,820,000, mainly due to higher maintenance costs[19] - The net cash outflow from operating activities was HKD 94,100,000, compared to HKD 46,814,000 in the previous year, representing a significant increase in cash outflow[41] - The company incurred a loss of HKD 15,000 from the sale of property, plant, and equipment, compared to a loss of HKD 824,000 in the previous year[41] Corporate Governance and Compliance - The company confirmed compliance with the corporate governance code throughout the six-month period ending June 30, 2019[126] - The audit committee, consisting of three independent non-executive directors, has been actively reviewing and supervising the group's financial reporting processes[127] Accounting Policies and Financial Reporting - The financial statements are prepared in accordance with Hong Kong Financial Reporting Standards, with the adoption of new and revised standards effective from January 1, 2019[50] - The adoption of HKFRS 16 has resulted in the recognition of right-of-use assets and lease liabilities for all leases, except for low-value and short-term leases[52] - The financial impact of HKFRS 16 on the group as a lessee includes the application of a single method for recognizing and measuring right-of-use assets and lease liabilities[52] - The group has adopted a modified retrospective approach for the application of HKFRS 16[51] Staff and Management - The group employed 558 staff as of June 30, 2019, focusing on building a professional team in foundation and drilling engineering[25] - Total compensation for key management personnel was HKD 11,491,000 for the six months ended June 30, 2019, up from HKD 8,629,000 in 2018, reflecting a 33.5% increase[117] Risks and Concentration - The group faced concentration risks with the largest and five largest customers accounting for 28% and 66% of total trade receivables, respectively, as of June 30, 2019[99]

Financial Performance - The company reported a revenue of HKD 1.2 billion for the fiscal year ending December 31, 2018, representing a year-on-year increase of 15%[9]. - The net profit for the same period was HKD 300 million, which is a 10% increase compared to the previous year[9]. - The company reported revenue of HKD 1,243,000,000 for the year ended December 31, 2018, an increase from HKD 1,190,000,000 in 2017, representing a growth of approximately 4.5%[32]. - Net profit for the year was HKD 58,000,000, down from HKD 82,000,000 in 2017, indicating a decline of about 29.3%[32]. - The total gross profit for the group was HKD 253,430,000, a decrease of 12.50% from HKD 289,650,000 in 2017, with the overall gross margin declining from 24.33% to 20.39%[96]. - The profit before tax decreased to HKD 69,969,000 in 2018 from HKD 97,228,000 in 2017, reflecting a decrease of approximately 28.0%[158]. - The net profit for the year was HKD 57,636,000, down 29.37% from HKD 81,610,000 in 2017, primarily due to the decline in gross profit[100]. Market Strategy and Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 20% increase in market share by 2020[9]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share within the next two years[46]. - The company is expanding its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[48]. - A strategic acquisition of a local competitor is in progress, which is projected to increase the company's revenue by 30% in the next fiscal year[9]. - A strategic acquisition of a local competitor is anticipated to enhance operational capabilities and is expected to close by Q3 2024[45]. Research and Development - The company has allocated HKD 50 million for research and development in the upcoming fiscal year, aiming to enhance operational efficiency[9]. - Research and development investments increased by 30%, totaling HKD 150 million, aimed at advancing construction methodologies[43]. - The company plans to invest HKD 50 million in research and development for new drilling technologies over the next fiscal year[48]. Sustainability Initiatives - The company emphasizes its commitment to sustainable practices, aiming for a 40% reduction in carbon emissions by 2025[9]. - The management team emphasized the importance of sustainability initiatives, aiming for a 50% reduction in carbon emissions by 2025[46]. - The management team emphasized the importance of sustainability initiatives, aiming for a 30% reduction in carbon emissions by 2025[48]. - The company has established an environmental policy aimed at conserving natural resources, with measures taken to save energy and water[134]. Corporate Governance - The company emphasizes its commitment to corporate governance standards, ensuring higher transparency and accountability to protect shareholder interests[59]. - The board of directors consists of five executive directors and three independent non-executive directors, with responsibilities including strategy formulation and performance monitoring[59]. - The company has adhered to the corporate governance code, except for a deviation regarding the frequency of board meetings, which were held twice instead of the required quarterly meetings[62]. - The company has implemented a director and senior management liability insurance to protect individual directors' interests[62]. - The company has established three board committees: audit committee, remuneration committee, and nomination committee, to assist in monitoring senior management functions[59]. Shareholder Engagement - Shareholders have the right to request a special general meeting if they hold at least 10% of the voting rights, and the board must convene the meeting within two months of the request[86]. - Shareholders can propose candidates for the board of directors by submitting written notice to the company, with a deadline of seven days from the date of the notice for the election meeting[86]. - The company has adopted a shareholder communication policy to ensure timely and effective communication with shareholders through various channels, including annual reports and the company website[83]. Financial Position - The company maintained a zero-debt status throughout the reporting year, reflecting a strong financial position despite challenges[32]. - Total assets as of December 31, 2018, were HKD 941,912,000, down from HKD 1,014,202,000 in 2017, reflecting a decrease of about 7.1%[108]. - Total liabilities decreased to HKD 516,822,000 from HKD 589,882,000 in 2017, showing a reduction of approximately 12.4%[108]. - The company's equity attributable to owners was HKD 425,090,000 in 2018, slightly up from HKD 424,320,000 in 2017[162]. Operational Efficiency - The company plans to implement new operational strategies to improve efficiency, targeting a 5% reduction in operational costs[44]. - The company has established partnerships with key industry players to enhance service offerings and expand its client base[45]. - The company aims to implement the "3P Enhancement Plan" to improve project management, production efficiency, and modernize machinery, which is expected to alleviate adverse impacts and enhance shareholder returns[102].