Financial Performance - The group's revenue for the reporting year was approximately HKD 6,032.0 million, an increase of 49.7% compared to HKD 4,028.3 million in the previous year[2]. - The profit attributable to equity holders was approximately HKD 106.4 million, up 60.5% from HKD 66.3 million in the previous year[2]. - Basic and diluted earnings per share were approximately HKD 2.52, compared to HKD 1.57 in the previous year, reflecting a 60.5% increase[2]. - The EBITDA for the reporting year was approximately HKD 239.9 million, a significant increase from HKD 125.4 million in the previous year, representing an increase of 91.2%[2]. - The total comprehensive income for the year was approximately HKD 71.3 million, compared to HKD 54.1 million in the previous year, an increase of 31.9%[5]. - The company reported a total profit before tax of HKD 56,283,000 for the year ended December 31, 2024, compared to HKD 82,853,000 for the previous year[19][21]. - The company's profit before tax for the year 2024 was HKD 106,393,000, compared to HKD 66,323,000 in 2023, representing a growth of approximately 60.5%[24]. Dividends and Shareholder Returns - The board of directors did not recommend the payment of a final dividend for the reporting year, compared to no dividend in the previous year[2]. - The company does not intend to declare any dividends for the year ending December 31, 2024, consistent with the previous year[26]. - The company has not identified any significant impact from the newly adopted accounting standards on its financial statements for the current and prior years[13]. Revenue Segmentation - Revenue from the New Energy and EPC segment was HKD 4,127,452 thousand, compared to HKD 2,119,585 thousand in the previous year, indicating a growth of about 94.5%[16]. - The Green Building and Construction segment generated revenue of HKD 908,398 thousand, down from HKD 1,349,387 thousand, reflecting a decline of approximately 32.6%[16]. - The Smart Energy Management Services segment saw revenue increase to HKD 65,863 thousand from HKD 16,055 thousand, marking a significant growth of about 310.5%[16]. - The Health and Medical segment reported revenue of HKD 925,256 thousand, up from HKD 409,875 thousand, which is an increase of approximately 126.5%[16]. - Total revenue from confirmed sales was HKD 5,575,515,000 in 2024, compared to HKD 3,616,051,000 in 2023, marking an increase of 54.2%[24]. Assets and Liabilities - Total assets increased to HKD 4,476,615,000 in 2024 from HKD 3,496,284,000 in 2023, representing a growth of approximately 28%[6]. - Total liabilities rose to HKD 2,936,941,000 in 2024 compared to HKD 2,185,049,000 in 2023, marking an increase of about 34%[7]. - The company's equity increased to HKD 1,539,674,000 in 2024 from HKD 1,311,235,000 in 2023, reflecting a growth of approximately 17%[7]. - Cash and cash equivalents reached HKD 265,887,000 in 2024, up from HKD 137,372,000 in 2023, indicating a significant increase of about 93%[6]. - Trade and other receivables amounted to HKD 1,743,307,000 in 2024, compared to HKD 1,229,460,000 in 2023, representing an increase of approximately 42%[6]. Strategic Focus and Future Plans - The company plans to focus on expanding its market presence and investing in new technologies to drive future growth[3]. - The company is focusing on new product development in the health and medical sectors, aiming to enhance its service offerings in the coming years[9]. - The company anticipates continued growth in revenue driven by new product launches and market expansion strategies[16]. - The company plans to explore potential mergers and acquisitions to strengthen its market position and expand its service offerings[16]. - The company aims to establish new energy solutions as a core growth driver while maintaining commitments to existing green building projects[32]. Operational Efficiency - The company reported a net profit margin of approximately 1.8%, up from 1.6% in the previous year, showing improved efficiency[4]. - The gross profit margin improved to approximately 2.9% from 3.2% in the previous year, indicating a slight decrease in profitability[4]. - The company recorded a significant increase in other income and gains, amounting to approximately HKD 182.7 million, compared to HKD 18.8 million in the previous year[4]. - The company reported a decrease in the provision for impairment losses on trade receivables, with a provision of HKD 2,292,000 in 2024 compared to HKD 11,392,000 in 2023, a reduction of approximately 80%[27]. Employee and Governance - The group has 1,118 employees as of December 31, 2024, down from 1,469 in the previous reporting year[56]. - The company has complied with all applicable corporate governance codes, except for a deviation regarding the roles of the Chairman and CEO being held by the same individual[63]. - The audit committee, consisting of three directors, has reviewed and approved the consolidated financial statements for the reporting year, ensuring compliance with applicable accounting standards and regulations[69].

Revenue Performance - The revenue from the New Energy and EPC segment was approximately HKD 1,681.4 million, representing a 149.9% increase compared to HKD 672.1 million in the previous period, accounting for 66.4% of total revenue[9] - The revenue from the Green Building and Construction segment was approximately HKD 409.2 million, a decrease of 43% from HKD 716.8 million in the previous period, contributing 16.2% to total revenue[10] - The Smart Energy Management Services segment saw revenue increase to approximately HKD 36.5 million from HKD 1.1 million in the previous period, indicating significant growth[11] - The Health and Medical segment generated approximately HKD 399.7 million in revenue, up from HKD 263.9 million, maintaining a stable contribution of 15.8% to total revenue[12] - The Catering Supply Chain segment's revenue decreased to approximately HKD 5.1 million from HKD 6.2 million, reflecting a strategic resource allocation towards the New Energy and EPC segment[14] - The group's total revenue for the reporting period was approximately HKD 2,531.9 million, an increase of about 52.5% compared to approximately HKD 1,660.1 million in the previous period[22] - Revenue for the six months ended June 30, 2024, was HKD 2,531,889,000, a 52.2% increase from HKD 1,660,071,000 in the same period of 2023[55] - The revenue from the New Energy and EPC segment reached HKD 1,681,392,000, up from HKD 672,124,000 in the previous year, indicating a growth of about 149.9%[90] - The company reported a significant increase in external customer revenue from China, which rose to HKD 2,436,881,000 in 2024 from HKD 1,578,797,000 in 2023, a growth of 54.4%[104] Profitability and Financial Performance - Gross profit for the reporting period was approximately HKD 43.2 million, a decrease of about 35.1% from approximately HKD 66.6 million in the previous period, with a gross margin dropping from about 4% to approximately 1.7%[26] - The group recorded a net profit of approximately HKD 60.1 million for the reporting period, compared to approximately HKD 24.1 million in the previous period, driven by the full capacity production of the 6GW N-type photovoltaic cell project[31] - Net profit for the period was HKD 60,057,000, representing a 149.9% increase compared to HKD 24,119,000 in the previous year[58] - The company's net profit attributable to owners for the six months ended June 30, 2024, was HKD 40,619,000, compared to HKD 16,077,000 in the previous year, marking an increase of 152.5%[111] - The total profit before tax for the company was HKD 75,128,000 for the six months ended June 30, 2024[95] Cash Flow and Liquidity - As of June 30, 2024, the group had cash and bank balances of approximately HKD 339.9 million, up from approximately HKD 137.4 million as of December 31, 2023[32] - The company reported a net cash inflow from operating activities of HKD 521,499,000 for the six months ended June 30, 2024, compared to a cash outflow of HKD 609,575,000 in the same period last year[70] - The company's cash and cash equivalents increased to HKD 972,681,000 at the end of June 2024, up from HKD 382,152,000 at the same time last year[70] - The total comprehensive income for the period was HKD 350,412,000, with a profit attributable to owners of the company of HKD 16,077,000[68] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 4,358,091,000, an increase from HKD 3,496,284,000 at the end of 2023[60] - Total liabilities reached HKD 3,031,698,000, compared to HKD 2,185,049,000 in the previous year[65] - Current liabilities increased to HKD 2,692,749,000, up from HKD 1,888,329,000 at the end of 2023[65] - The capital debt ratio increased to approximately 126.27% as of June 30, 2024, compared to approximately 85.66% as of December 31, 2023[33] - The total borrowings as of June 30, 2024, reached HKD 1,673,285,000, up from HKD 1,121,305,000, indicating a 49.2% growth[127] Operational Developments - The company plans to complete the construction of a 6GW battery project in Fengtai County by Q4 2024, enhancing its green energy capabilities[15] - The company has established several framework agreements for project development, investment, construction, operation, and maintenance in the new energy sector, aiming to leverage its experience[15] - The company is focused on sustainable income and balanced growth through existing opportunities in the New Energy and EPC sectors[18] - The company aims to integrate its construction and real estate operations with photovoltaic power generation systems and energy storage technologies to promote green development[20] - The company is committed to responding to national policies on carbon neutrality and aims to achieve low-carbon and environmentally friendly goals through scientific management and technological improvements[5] Employee and Shareholder Information - The group had 1,165 employees as of June 30, 2024, down from 1,249 employees in the previous year[39] - The company’s major shareholder, Yu Zhuyun, holds 68.43% of the equity, indicating significant ownership concentration[141] - As of June 30, 2024, Central Culture holds 2,890,378,320 shares, representing approximately 68.43% of the company's equity[148] Dividends and Share Options - The board did not recommend the payment of an interim dividend for the reporting period[51] - The company has a total of 422,400,000 shares available for issuance under the share option scheme, equivalent to 10% of the total issued share capital[150] - No share options have been granted, exercised, cancelled, or lapsed since the share option scheme became effective[150] - The company did not purchase, sell, or redeem any of its listed securities during the reporting period, and holds no treasury shares as of June 30, 2024[151] Compliance and Governance - The interim financial performance of the group has been reviewed and approved by the audit committee, ensuring compliance with applicable accounting standards and regulations[161] - The board confirms that the company has maintained sufficient public float as required by the listing rules during the reporting period[156]

Financial Performance - The company's revenue for the six months ended June 30, 2024, was approximately HKD 2,531.9 million, compared to HKD 1,660.1 million for the same period last year, representing a year-on-year increase of 52.3%[2] - The profit attributable to owners of the company for the reporting period was approximately HKD 40.6 million, up from HKD 16.1 million in the previous period, marking an increase of 152.2%[2] - Basic and diluted earnings per share for the reporting period were approximately HKD 0.96, compared to HKD 0.38 for the same period last year, reflecting a growth of 152.6%[5] - The company reported a net profit of HKD 60.1 million for the period, compared to HKD 24.1 million in the previous period, which is an increase of 149.8%[5] - The group recorded total revenue of approximately HKD 2,531.9 million, an increase of about 52.5% compared to HKD 1,660.1 million in the previous period[39] Segment Performance - The new energy and EPC segment generated revenue of HKD 1,681,392,000, up from HKD 672,124,000, indicating a growth of about 149.5% year-over-year[13] - The health and medical segment saw revenue rise to HKD 399,657,000 from HKD 263,873,000, reflecting a growth of approximately 51.5%[13] - The smart energy management services segment reported revenue of HKD 36,548,000, a significant increase from HKD 1,117,000, showing a growth of approximately 3165.5%[13] - The green building and related business segment's revenue decreased to HKD 404,152,000 from HKD 711,465,000, indicating a decline of about 43.1%[13] - The segment profit for the New Energy and EPC division was HKD 74,773,000, while the Green Building and Related Business segment reported a loss of HKD 2,029,000 for the same period[17] Assets and Liabilities - Total assets as of June 30, 2024, amounted to HKD 4,381.1 million, an increase from HKD 3,496.3 million as of December 31, 2023, representing a growth of 25.3%[6] - The company’s total liabilities as of June 30, 2024, were HKD 3,054.7 million, compared to HKD 2,185.0 million as of December 31, 2023, indicating an increase of 39.8%[6] - The total assets minus current liabilities stood at HKD 1,665,342,000, slightly up from HKD 1,607,955,000, indicating a growth of about 3.6%[7] - The company’s total equity and liabilities amounted to HKD 4,381,126,000, compared to HKD 3,496,284,000, reflecting an increase of approximately 25.3%[7] - The company’s total borrowings increased to HKD 1,340,913,000 from HKD 833,149,000, representing an increase of approximately 60.7%[7] Cash Flow and Dividends - The company’s cash and bank balances increased to HKD 339.9 million from HKD 137.4 million, showing a significant rise of 147.5%[6] - The company does not recommend the payment of an interim dividend for the reporting period, consistent with the previous period where no dividend was declared[2] - The group did not recommend the payment of an interim dividend for the reporting period, compared to none in the previous period[54] Government Grants and Other Income - The company recognized government grants totaling HKD 109,760,000 during the reporting period, compared to HKD 45,000 in the previous period, marking a substantial increase[14] - Other income and net gains increased to approximately HKD 144.4 million from approximately HKD 7.1 million in the previous period, primarily due to gains from the sale of subsidiaries, government subsidies, and increased bank interest income[42] Expenses and Costs - Administrative and other operating expenses rose to approximately HKD 88.5 million, an increase of about 147.2% from approximately HKD 35.8 million in the previous period, attributed to higher development costs associated with the 6GW photovoltaic N-type cell production line[43] - The total employee cost for the reporting period was approximately HKD 50.7 million, down from approximately HKD 56.0 million in the previous period, with the group employing 1,165 staff as of June 30, 2024[50] Corporate Governance - The company has complied with all applicable corporate governance code provisions during the reporting period, with a noted exception regarding the dual role of the chairman and CEO[56] - The board of directors includes two executive directors, two non-executive directors, and three independent non-executive directors, ensuring a balanced governance structure[56] - The interim financial results for the reporting period have been reviewed and approved by the audit committee, confirming adherence to applicable accounting standards[63] Future Plans and Strategies - The company has plans for market expansion and new product development, although specific details were not disclosed in the earnings call[2] - The group plans to continue seeking new green energy opportunities and develop high-efficiency N-type batteries, with a 6GW battery project in Fengtai County expected to be completed in Q4 2024[36] - The group aims to leverage its experience in new energy project development and operation through several framework agreements for collaboration in the new energy sector[36] - The group is committed to sustainable income and balanced growth by utilizing existing opportunities in the New Energy and EPC businesses[36] Risk Management - The group has actively taken measures to manage foreign exchange risks, as all operational transactions and revenues are settled in HKD and RMB[48]

Production Capacity and Investment - The company achieved full production capacity with 2GW of photovoltaic modules and 6GW of photovoltaic cells, showing strong sales growth in N-type batteries and modules [4]. - The company plans to invest in the construction of 22GW of efficient N-type batteries and 6GW of advanced modules in Fengtai County, covering approximately 800 to 1,200 acres [7]. - The first phase of construction for 2GW of modules and 3GW of battery projects has been completed and commenced production in 2023, with the third phase expected to be completed by the end of 2024 [7]. - The company plans to continue seeking new green energy opportunities and develop high-efficiency N-type batteries, with an 8GW battery project expected to be completed in Q4 2024 [13]. Financial Performance - The company recorded total revenue of approximately HKD 4,028.3 million for the reporting year, an increase of about 149.6% compared to HKD 1,613.6 million in the previous year [15]. - The renewable energy and EPC segment generated revenue of approximately HKD 2,119.6 million, up from HKD 58.6 million in the previous year, accounting for about 52.6% of total revenue [9][15]. - The green building and construction-related segment reported revenue of approximately HKD 1,349.4 million, an increase from HKD 852.7 million, representing about 33.5% of total revenue [8][16]. - The smart energy management services segment saw a decrease in revenue to approximately HKD 16.0 million from HKD 19.7 million, accounting for about 0.4% of total revenue [10][16]. - The health and medical segment's revenue decreased to approximately HKD 409.9 million from HKD 484.0 million, representing about 10.2% of total revenue [11][16]. - The food and beverage supply chain segment reported revenue of approximately HKD 133.4 million, down from HKD 198.7 million, accounting for about 3.3% of total revenue [12][16]. - Gross profit for the reporting year was approximately HKD 172.8 million, a significant increase of about 455.6% from HKD 31.1 million in the previous year [17]. - The company achieved a net profit of approximately HKD 71.3 million, compared to a net loss of HKD 30.3 million in the previous year [21]. - EBITDA for the reporting year was approximately HKD 125.4 million, compared to a loss of about HKD 16.3 million in the previous year [22]. Corporate Governance and Management - The company aims to create sustainable value for shareholders and stakeholders through effective governance measures [5]. - The company has a strong management team with members holding advanced degrees from prestigious institutions, including Hong Kong Baptist University and Fudan University [41]. - The board consists of seven members, including two executive directors, two non-executive directors, and three independent non-executive directors [121]. - The company has adopted a board diversity policy, considering factors such as gender, age, cultural background, and professional experience [122]. - The company has established clear terms of reference for all board committees, which are regularly reviewed [130]. - The board will recommend suitable candidates for re-election at the annual general meeting based on the nomination committee's assessments [126]. - The company has established a whistleblowing policy to provide a confidential reporting channel for employees and external parties regarding illegal activities and misconduct [144]. - The company has implemented various water-saving measures and training to enhance water resource management [185]. Sustainability and Environmental Commitment - The company is committed to sustainable development and aims to achieve carbon neutrality, aligning with national policies [5]. - The company believes in the widespread application of solar energy to benefit humanity and contribute to a sustainable future [5]. - The company has implemented an environmental management system and obtained ISO 14001 certification since November 2010 [94]. - The company achieved 100% compliance in emissions standards for waste gas, noise, and solid waste management, with wastewater COD discharge at 19.69 mg/L, well below the target of ≤ 130 mg/L [172]. - The company is committed to green development and has implemented various environmental management programs to ensure compliance with national and regional environmental laws and standards [171]. - The company has identified key sustainability issues including emissions management, energy management, and resource usage as part of its operational strategy [168]. - The company is focused on continuous improvement in ESG reporting and management practices to meet regulatory requirements and stakeholder expectations [159]. Employee and Workforce Management - The group had cash and bank balances of approximately HKD 137.4 million at the end of the reporting year, a decrease from HKD 614 million in the previous year, primarily due to HKD 500 million used for the development of the Phase II photovoltaic project and bank loan collateral [23]. - The group has 1,469 employees as of December 31, 2023, an increase from 639 in the previous year, with total employee costs of approximately HKD 52.4 million compared to HKD 43.2 million in the previous year [32]. - The overall employee turnover rate for the reporting year was 34.39%, with 770 employees leaving for career development reasons [198]. - The company emphasizes health and safety as a critical part of sustainable business development, implementing various safety management systems [200]. - The employee distribution by age shows a significant presence of employees aged 31-40, with 628 individuals in this category [195]. Risks and Challenges - The company faces risks of cost overruns or losses if project costs are inaccurately estimated or if there are delays in project completion [64]. - The company must comply with extensive environmental, health, and safety regulations, which could lead to significant costs and operational burdens [65]. - The property development business is contingent on the growth of the Chinese real estate market, which is subject to government macroeconomic control measures [66]. - The company may face significant development risks, including delays in obtaining necessary permits and rising costs of materials and labor [67]. - The company has a credit risk exposure in its construction materials trading business, typically granting credit periods ranging from 7 to 270 days based on various factors [68]. Shareholder Relations and Communication - The company emphasizes effective communication with shareholders and potential investors to enhance investor relations and ensure timely access to unbiased information [146]. - The board of directors has reviewed the implementation and effectiveness of the investor relations policy, confirming its proper execution throughout the reporting year [146]. - The company will hold its annual general meeting on June 28, 2024, with relevant resolutions and voting procedures to be communicated to shareholders at least 21 days in advance [146].

Financial Performance - The group's revenue for the reporting year was approximately HKD 4,028.3 million, a significant increase from HKD 1,613.6 million in the previous year, representing a growth of about 149.5%[3] - The company reported a profit attributable to owners of approximately HKD 66.3 million, compared to a loss of HKD 27.8 million in the previous year, marking a turnaround in performance[3] - Basic and diluted earnings per share for the reporting year were approximately HKD 1.57, compared to a loss of HKD 0.66 per share in the previous year[3] - The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the year was approximately HKD 125.4 million, a significant improvement from an EBITDA loss of HKD 16.3 million in the previous year[3] - The gross profit for the year was approximately HKD 172.8 million, compared to HKD 31.1 million in the previous year, indicating a substantial increase in profitability[5] - The total comprehensive income for the year attributable to owners was approximately HKD 71.3 million, a recovery from a loss of HKD 30.3 million in the previous year[7] - The total segment profit for the year was HKD 104,552,000, compared to a loss of HKD 49,262,000 in the previous year, marking a turnaround in profitability[24] - The company reported a pre-tax profit of HKD 82,853,000, a significant improvement from a pre-tax loss of HKD 31,010,000 in the previous year[24] - The company reported a net profit of HKD 66,323,000 for the year ending December 31, 2023, compared to a net loss of HKD 27,843,000 in 2022[31] Revenue Breakdown - The revenue from the Green Building and Related Business segment was HKD 1,349,387,000, up from HKD 852,663,000, indicating a growth of about 58%[24] - The New Energy and EPC segment generated revenue of HKD 2,119,585,000, compared to HKD 58,594,000 in the previous year, reflecting an increase of approximately 3,500%[24] - The Smart Energy Management Services segment reported revenue of HKD 16,055,000, a slight decrease from HKD 19,718,000, showing a decline of about 18%[24] - The Health and Medical segment's revenue was HKD 409,875,000, down from HKD 483,997,000, representing a decrease of approximately 15%[24] - The Food Supply Chain segment achieved revenue of HKD 133,397,000, compared to HKD 198,669,000 in the previous year, indicating a decline of about 33%[24] Assets and Liabilities - Total assets increased to HKD 3,496,284,000 in 2023 from HKD 1,491,038,000 in 2022, representing a growth of 134%[9] - Total liabilities rose to HKD 2,185,049,000 in 2023 compared to HKD 1,302,865,000 in 2022, marking an increase of 68%[10] - The company's equity attributable to owners increased to HKD 850,530,000 in 2023 from HKD 188,292,000 in 2022, reflecting a growth of 352%[9] - Cash and cash equivalents decreased to HKD 137,372,000 in 2023 from HKD 613,996,000 in 2022, a decline of 78%[10] - Trade and other receivables increased significantly to HKD 1,560,456,000 in 2023 from HKD 340,336,000 in 2022, an increase of 359%[9] - The company reported a total of HKD 209,772,000 in inventories for 2023, up from HKD 36,583,000 in 2022, indicating a growth of 472%[9] - Long-term borrowings increased to HKD 288,156,000 in 2023 from HKD 0 in 2022, showing a new debt acquisition[10] - The company's total equity and liabilities amounted to HKD 3,496,284,000 in 2023, consistent with total assets[10] Strategic Plans and Market Position - The company plans to continue its market expansion and product development strategies to sustain growth in the upcoming fiscal year[4] - The company plans to continue expanding its operations in the Green Building and New Energy sectors, leveraging the substantial revenue growth observed in these areas[24] - The group plans to continue seeking new green energy opportunities in Fengtai County and Tongcheng City, with the third phase of the 8GW battery construction expected to be completed in Q4 2024[48] - The group has established strategic cooperation agreements for joint development in photovoltaic equipment supply and construction, aiming to enhance its green energy business capabilities[49] - The company aims to leverage business opportunities in green construction and green new energy to provide higher returns for shareholders[39] Corporate Governance and Compliance - The company has adhered to all applicable corporate governance codes, with a noted deviation regarding the dual role of the CEO and Chairman[78] - The company confirmed full compliance with the standards for directors' securities trading throughout the reporting year[79] - The company maintains sufficient public float as required by listing rules as of the reporting year and up to the announcement date[90] - The company was included as a constituent stock in several Hang Seng indices starting March 4, 2024, which is expected to enhance shareholder base and liquidity[76] Employee and Operational Insights - As of December 31, 2023, the group had 1,469 employees, an increase from 639 in the previous reporting year[69] - Total employee costs for the reporting year were approximately HKD 42.3 million, slightly down from HKD 43.2 million in the previous year[69] - The group incurred capital commitments of approximately HKD 418.1 million for the purchase of properties, plants, and equipment, with no such commitments in the previous reporting year[70] Changes and Developments - The company changed its name from "Central Holding Group Co. Ltd." to "Central New Energy Holding Group Limited" effective April 25, 2023[85] - The English stock abbreviation will change from "CENTRAL HOLDING" to "CENTRAL NEW ENERGY" effective June 2, 2023[87] - The company proposed a stock split, converting each existing share with a par value of HKD 0.0025 into four shares with a par value of HKD 0.000625, effective December 22, 2023[62]

Revenue and Profitability - For the six months ended June 30, 2023, the total revenue of the group was approximately HKD 1,658.1 million, compared to HKD 565.6 million for the same period last year, representing an increase of 194.5%[5]. - The company's total revenue for the reporting period was approximately HKD 1,660.1 million, an increase of about 193.6% compared to HKD 565.5 million in the previous period[22]. - Revenue for the six months ended June 30, 2023, was HKD 1,660,071,000, a significant increase of 194% compared to HKD 565,513,000 for the same period in 2022[43]. - The construction and related business segment generated revenue of approximately HKD 716.8 million, accounting for 43.18% of total revenue, up from 50.06% in the previous period[7]. - The health and medical services segment reported revenue of approximately HKD 263.9 million, which is 15.9% of total revenue, an increase from HKD 196.9 million in the previous period[10]. - The new energy and EPC segment achieved revenue of approximately HKD 672.1 million, representing 40.49% of total revenue, with the increase attributed to the completion of a 2GW photovoltaic component project[12]. - The company reported a profit attributable to owners of the company of HKD 16,077,000 for the six months ended June 30, 2023, compared to HKD 7,849,000 in the same period of 2022, reflecting an increase of about 105%[94]. - The net profit for the reporting period was approximately HKD 24.1 million, compared to HKD 6.4 million in the previous period, primarily due to the full capacity production of the 2GW photovoltaic components[29]. Financial Position - Total assets as of June 30, 2023, amounted to HKD 2,469,416,000, up from HKD 1,491,038,000 at the end of 2022, indicating a growth of 65.6%[46]. - The total equity attributable to the owners of the company increased to HKD 538,704,000 from HKD 188,292,000, reflecting a growth of 186%[48]. - The total liabilities decreased to HKD 1,173,307,000 as of June 30, 2023, from HKD 1,302,865,000 as of December 31, 2022, showing a reduction of about 10%[85]. - The debt-to-equity ratio improved significantly to approximately 25.6% as of June 30, 2023, compared to 267.3% as of December 31, 2022[31]. - The company's cash and bank balances as of June 30, 2023, were approximately HKD 382.1 million, down from HKD 614.0 million as of December 31, 2022[30]. - The company’s total liabilities for the construction and related business segment decreased to HKD 287,033,000 as of June 30, 2023, from HKD 439,765,000 as of December 31, 2022, showing a reduction of approximately 35%[85]. Operational Highlights - The company plans to invest in the construction of a 10GW high-efficiency N-type battery and advanced component production and supply business, expected to be completed in three phases[13]. - The first phase of the 2GW component and battery project was completed in Q4 2022, with the second phase expected to be operational by Q3 2023[15]. - Strategic cooperation agreements have been established for joint development in photovoltaic equipment supply and clean energy sectors, enhancing the company's capabilities in green photovoltaic products[15]. - The development of the new energy and EPC business is expected to create synergies with the construction-related business, strengthening the revenue base and increasing shareholder returns[16]. - The company aims to achieve sustainable income and balanced growth through existing opportunities in the new energy and EPC sectors[18]. Employee and Administrative Costs - The total number of employees increased to 1,249 as of June 30, 2023, from 470 in the previous year, with total employee costs rising to approximately HKD 56.0 million[34]. - Administrative and other operating expenses increased to approximately HKD 35.8 million, up about 54.3% from HKD 23.2 million in the previous period[26]. Cash Flow and Investments - Operating cash flow for the six months ended June 30, 2023, was a net cash outflow of HKD 609,575,000, compared to a net cash inflow of HKD 103,181,000 in the previous year[55]. - The company utilized HKD 173,092,000 in investing activities during the first half of 2023, compared to HKD 477,000 in the same period of 2022[55]. - The company invested approximately HKD 165,929,000 in property, plant, and equipment during the reporting period, compared to HKD 78,445,000 in the same period of 2022, indicating an increase of about 112%[96]. Governance and Compliance - The audit committee has reviewed and approved the interim financial performance, ensuring compliance with applicable accounting standards and regulations[129]. - The company confirms that there are no interests held by controlling shareholders or directors that may compete with the group's business during the reporting period[123]. - The company’s governance practices have been reviewed, with a noted deviation from the corporate governance code regarding the dual role of the CEO and Chairman held by the same individual[112].

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，並明確表示概不就 因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損 失承擔任何責任。 CENTRAL NEW ENERGY HOLDING GROUP LIMITED 中 環 新 能 源 控 股 集 團 有 限 公 司 （前稱 C e n t r a l H o l d i n g G r o u p C o . L t d .中環控股集團有限公司） （於開曼群島註冊成立的有限公司） （股份代號：1735） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 中 期 業 績 公 告 財務摘要 — 於報告期間，本集團的收益約為1,660.1百萬港元（上一期間：約565.5 百萬港元）。 — 於 報 告 期 間，本 公 司 擁 有 人 應 佔 溢 利 約 為16.1百 萬 港 元（上 一 期 間 本公司擁有人應佔溢利：約7.8百萬港元）。 — 於 報 告 期 間，每 股 基 本 及 攤 薄 盈 利 約 為1.52港 仙（上 一 期 間 每 股 基 本及攤薄盈利：約0.74港仙）。 ...

Revenue Segments - The construction and related business segment generated revenue of approximately HKD 852.7 million, accounting for about 52.8% of total revenue, an increase from HKD 810.4 million in the previous reporting period[11]. - The food supply chain segment recorded revenue of approximately HKD 198.7 million, representing 12.3% of total revenue, up from HKD 93.2 million in the previous reporting period[12]. - The health and medical segment generated revenue of approximately HKD 484.0 million, accounting for about 30.0% of total revenue, up from 16.2% in the previous period[20][21]. - The smart logistics and information systems segment recorded revenue of approximately HKD 19.7 million, representing about 1.2% of total revenue, an increase from 0.6% in the previous period[20][21]. - The new energy and EPC segment achieved revenue of approximately HKD 58.6 million, contributing about 3.6% to total revenue, with no revenue reported in the previous period[20][21]. - The company's total revenue for the reporting year was approximately HKD 1,613.6 million, an increase of about 48.6% compared to HKD 1,086.2 million in the previous reporting period[20]. Financial Performance - The company reported a net loss of approximately HKD 30.3 million for the reporting year, compared to a net profit of HKD 60.3 million in the previous period[27]. - EBITDA for the reporting year was approximately HKD 16.3 million in loss, compared to a profit of about HKD 92.2 million in the previous period[28]. - The administrative and other operating expenses increased to approximately HKD 83.5 million, up about 76.9% from HKD 47.2 million in the previous period[24]. - The company's financial reserves available for distribution were approximately HKD 23 million as of December 31, 2022, down from HKD 33 million the previous year[79]. - The company did not recommend the declaration of a final dividend for the reporting year[37]. Investment and Growth Strategies - The company has begun exploring new green energy opportunities, including the purchase of two fully automated photovoltaic module production lines, with production and sales starting in December 2022[7]. - The company aims to achieve sustainable income and balanced growth while responding to national policies on carbon neutrality and green development[7]. - The anticipated investment required for China to achieve carbon neutrality by 2060 is estimated to reach RMB 136 trillion, presenting significant opportunities for green energy investments[6]. - The company is diversifying its revenue sources to mitigate risks associated with market uncertainties in Hong Kong[6]. - The company is focused on achieving higher returns for shareholders through strategic investments in green buildings and new green energy[7]. Operational Challenges - The construction and related business environment remains challenging, with low bidding prices and rising costs impacting operations[6]. - The company’s revenue heavily relies on a limited number of clients, which poses a significant risk to its financial condition and operational performance[65]. - The company’s earnings primarily stem from non-recurring foundation and superstructure construction projects, with no guarantee of new business from clients[66]. - The company may face penalties ranging from RMB 5,000 to RMB 30,000 for conducting construction without the necessary permits[68]. - The company faces significant development risks, including potential delays in obtaining necessary licenses and permits, which could adversely affect project completion and financial performance[71]. Employee and Management Information - As of December 31, 2022, the group had 639 employees, an increase from 468 in the previous reporting period[32]. - Total employee costs for the reporting year were approximately HKD 43.2 million, down from approximately HKD 49.7 million in the previous reporting period[32]. - The gender distribution of employees in 2022 was 428 males and 211 females, indicating a majority male workforce[199]. - The company has implemented a performance review system to assess employee performance and compensation annually based on market salary benchmarks[193]. - The company has a strict policy against child labor and forced labor, with regular monitoring to ensure compliance[197]. Corporate Governance - The board is committed to maintaining high levels of corporate governance to protect shareholder interests and enhance shareholder value[119]. - The company has complied with all applicable code provisions of the corporate governance code, except for a deviation regarding the roles of the chairman and CEO[120]. - The board has established three committees, including the audit committee, nomination committee, and remuneration committee, to oversee specific aspects of the company's affairs[126]. - The company has received annual independence confirmations from all independent non-executive directors, affirming their independence as per listing rules[82]. - The board confirmed that there were no significant deficiencies in risk management and internal controls following the consultant's review[151]. Environmental and Sustainability Efforts - The company has implemented an environmental management system since November 2010 and has obtained ISO 14001 certification[97]. - The company has maintained compliance with environmental laws and has not received any complaints or fines from environmental authorities in the past three years[174]. - The company aims to reduce greenhouse gas emissions by at least 2% in the coming year, building on a total CO2 emission of 39.50 tons from combustion sources in 2022, up from 37.79 tons in 2021[doc id='178']. - The company has set a target to reduce non-hazardous waste by 2% to 3% in the coming year, following a consistent record of no significant hazardous waste generation[180]. - The company engages with stakeholders through various communication channels, including annual meetings and direct inquiries[170].

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，並明確表示概不就 因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損 失承擔任何責任。 CENTRAL HOLDING GROUP CO. LTD. 中 環 控 股 集 團 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1735） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 的 全 年 業 績 公 告 財務摘要 — 截至二零二二年十二月三十一日止年度，本集團的收益約為1,613.6 百萬港元（截至二零二一年十二月三十一日止年度：約1,086.2百萬港 元）。 — 截至二零二二年十二月三十一日止年度，本公司擁有人應佔虧損約 為27.8百萬港元（截至二零二一年十二月三十一日止年度：本公司擁 有人應佔溢利約為62.0百萬港元）。 — 截至二零二二年十二月三十一日止年度，每股基本及攤薄虧損約為 2.64港仙（截至二零二一年十二月三十一日止年度：每股基本及攤薄 盈利約為5.87港仙）。 — 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度，除 ...

Revenue Performance - For the six months ended June 30, 2022, the revenue from the construction and building materials segment was approximately HKD 247.9 million, representing an increase from HKD 225.3 million for the same period in 2021, accounting for about 43.8% of total revenue[10]. - The property development and investment segment generated revenue of approximately HKD 11.8 million, compared to none in the same period last year, contributing about 2.1% to total revenue[11]. - The property management services segment reported revenue of approximately HKD 23.4 million, up from HKD 19.0 million in the previous year, accounting for about 4.2% of total revenue[12]. - The restaurant supply chain segment's revenue increased to approximately HKD 85.5 million from HKD 27.5 million, representing about 15.1% of total revenue[14]. - The health and medical segment achieved revenue of approximately HKD 196.9 million, a significant increase from HKD 36.9 million, making up about 34.8% of total revenue[16]. - The smart logistics and information systems segment saw a decline in revenue to approximately HKD 0.03 million from HKD 4.7 million, primarily due to COVID-19 lockdowns affecting operations[15]. - The group recorded a revenue of approximately HKD 565.5 million for the six months ended June 30, 2022, representing an increase of about 80.4% compared to HKD 313.4 million for the same period last year[19]. - Revenue for the six months ended June 30, 2022, was HKD 565,513,000, a significant increase from HKD 313,420,000 for the same period in 2021, representing an increase of 80.5%[64]. - The total revenue from external customers for the six months ended June 30, 2022, was HKD 313,420,000, compared to HKD 244,108,000 for the same period in 2021, representing a year-on-year increase of approximately 28.4%[72]. Profitability and Financial Performance - The gross profit for the six months ended June 30, 2022, was approximately HKD 13.8 million, a decrease of about 18.3% from HKD 16.9 million for the same period last year, with the gross margin declining from approximately 5.4% to 2.4%[22]. - The group achieved a net profit of approximately HKD 6.4 million for the six months ended June 30, 2022, compared to a net loss of approximately HKD 17.2 million for the same period last year[26]. - The company reported a net loss of HKD 2,336,000 for the six months ended June 30, 2022, compared to a profit in the previous period[70]. - The company reported a net loss before tax of HKD 15,564,000 for the six months ended June 30, 2022, compared to a net profit of HKD 15,072,000 for the same period in 2021[79]. - The total comprehensive income for the period was a loss of HKD 7,391,000, compared to a gain of HKD 7,849,000 in the previous year[50]. - The company reported a loss of HKD 15,072,000 during the period, impacting the overall equity[48]. Cash Flow and Financial Position - As of June 30, 2022, the group had cash and bank balances of approximately HKD 53.4 million, an increase from HKD 50.4 million as of December 31, 2021[27]. - The company’s cash and bank balances stood at HKD 53,358,000 as of June 30, 2022[44]. - The net cash generated from operating activities for the six months ended June 30, 2022, was HKD 103,181,000, compared to a net cash used of HKD 31,175,000 for the same period in 2021[51]. - The net cash used in investing activities was HKD 477,000 for the six months ended June 30, 2022, a significant decrease from HKD 13,757,000 in the previous year[51]. - The net cash used in financing activities was HKD 103,904,000 for the six months ended June 30, 2022, compared to cash generated of HKD 34,148,000 in the same period of 2021[51]. - The cash and cash equivalents at the end of the period were HKD 53,358,000, an increase from HKD 42,331,000 as of June 30, 2021[51]. - The company’s total assets as of June 30, 2022, amounted to HKD 907,067,000, compared to HKD 772,181,000 as of December 31, 2021, reflecting a growth of 17.4%[47]. - Total liabilities increased to HKD 676,058,000 as of June 30, 2022, from HKD 540,967,000 at the end of 2021, marking a rise of 24.9%[47]. - The company’s basic and diluted earnings per share for the period were HKD 0.74, compared to a loss of HKD 1.43 in the previous year[43]. - The company’s total assets and liabilities were reported to be at fair value, with no transfers between different fair value levels during the reporting period[61]. Operational Efficiency - The group has reduced administrative and other operating expenses by approximately 32.9% to about HKD 23.2 million for the six months ended June 30, 2022, compared to HKD 34.6 million in the previous period[24]. - The company incurred depreciation expenses of HKD 3,665,000 for property, plant, and equipment during the six months ended June 30, 2022, compared to HKD 3,472,000 for the same period in 2021[79]. - The company utilized approximately HKD 0.3 million for hiring additional staff and HKD 11.6 million for general working capital during the reporting period[39]. Market and Strategic Focus - The company aims to diversify its income sources to mitigate potential risks associated with the uncertain Hong Kong market[8]. - The company maintains a strong presence in the Chinese market with various related businesses, including construction, property development, and health services, which have shown satisfactory performance during the reporting period[8]. - The company is focused on achieving synergies across its six main segments to enhance returns and expand business opportunities[8]. - The company plans to continue exploring business development opportunities in the construction industry while managing operations prudently[8]. - The group plans to explore new green energy opportunities and aims to contribute to the development of green buildings and new green energy[18]. Shareholder and Governance Information - Central Culture Resource Group Limited holds 722,594,580 shares, representing approximately 68.43% of the company's equity[103]. - Huatai Securities Co., Ltd. owns 686,482,000 shares, accounting for about 65.00% of the company's equity[103]. - The total number of shares available for the stock option plan is 105,600,000, which is 10% of the company's total issued share capital[106]. - The company maintained sufficient public float as required by the listing rules during the reporting period[108]. - The audit committee reviewed and approved the interim financial results, ensuring compliance with applicable accounting standards and regulations[111]. - The company has maintained compliance with all applicable corporate governance codes during the reporting period, with a noted exception regarding the dual role of the CEO and Chairman[97]. Risks and Legal Matters - The company faced various financial risks including interest rate risk, credit risk, and liquidity risk[58]. - The company continues to engage in various claims, lawsuits, and legal proceedings, which may impact its financial performance or cash flow[95]. - The company has not disclosed any significant events after the reporting period that require attention[96].