Financial Performance - For the fiscal year ending December 31, 2024, the company reported total revenue of RMB 56,439,000, a decrease of 1.8% from RMB 57,444,000 in 2023[11] - The gross profit for the same period was RMB 15,603,000, significantly up from RMB 2,501,000 in the previous year, indicating a substantial improvement in profitability[11] - The net loss attributable to the company's owners narrowed to RMB 5,281,000 from RMB 48,181,000 in 2023, reflecting a recovery in financial performance[11] - The company's revenue for the year ending December 31, 2024, was approximately RMB 56.4 million, a decrease of about 1.7% compared to RMB 57.4 million for the year ending December 31, 2023[24] - Sales cost for the year ending December 31, 2024, was approximately RMB 40.8 million, a decrease of about 25.7% from RMB 54.9 million for the year ending December 31, 2023[25] - Gross profit for the year ending December 31, 2024, was approximately RMB 15.6 million, an increase of about 524% from RMB 2.5 million for the year ending December 31, 2023[26] - The gross margin increased from approximately 4.4% for the year ending December 31, 2023, to approximately 27.7% for the year ending December 31, 2024[26] - Other income, gains, and losses for the year ending December 31, 2024, were approximately RMB 10.5 million, an increase of about 425% from RMB 2.0 million for the year ending December 31, 2023[27] - Sales and distribution expenses for the year ending December 31, 2024, were approximately RMB 5.0 million, a decrease of about 63.5% from RMB 13.7 million for the year ending December 31, 2023[28] - Administrative expenses for the year ending December 31, 2024, were approximately RMB 12.4 million, a decrease of about 10.8% from RMB 13.9 million for the year ending December 31, 2023[29] - The company achieved significant growth in overseas revenue, which reached approximately RMB 14.6 million, an increase of about 217.4% from RMB 4.6 million for the year ending December 31, 2023[24] - The net loss for the year ended December 31, 2024, was approximately RMB 5.3 million, a reduction of about 89% from a net loss of RMB 48.2 million for the year ended December 31, 2023[32] - The loss per share for the year was approximately RMB 0.016, a decrease of about 91.9% compared to RMB 0.197 in 2023[33] Strategic Initiatives - The company plans to enhance AI technology research and development, focusing on innovative products like smart parenting assistants[13] - A new service model combining elderly care and maternal and infant services will be piloted, leveraging the newly established "Worry-Free Nursing Home" content IP[13] - The company aims to explore opportunities in emerging markets such as Southeast Asia to foster long-term growth[13] - The company continues to optimize digital tools and service models to create more value for partners and achieve mutual benefits[12] - The company plans to innovate continuously and expand its service offerings to address the needs of aging families, introducing a new content IP focused on elderly care[23] - The company aims to expand its family-related services by leveraging internet technology to meet the evolving needs of new-generation family consumers[54] - The company plans to reduce costs and quickly enter new industries through investments in companies engaged in new sectors such as social retail and family healthcare[54] Investment and Financial Management - The company is shifting its investment strategy to focus on AI technology and its applications, aiming to capitalize on rapid market changes and digital transformation[48] - The company has provided loans to third parties with annual interest rates ranging from 6.0% to 8.0%, with loan terms of 12 to 36 months, aligning with long-term interests[50] - As of December 31, 2024, the company has provided loans totaling RMB 12 million to Nanjing Qianyu Information Technology Co., Ltd., with a 36-month term and a 6% interest rate[51] - The company has received repayments of RMB 878,700 from Shenzhen Feishikang Technology Co., Ltd., with a remaining amount of RMB 181,300 due[52] - The company prefers long-term investments, typically targeting entities involved in the maternal and child market and related technology development[55] - The company’s investment policy emphasizes strategic cooperation and compliance with legal regulations, generally limiting its equity stake in target entities to no more than 20%[55] - The company expects investments in technology upgrades, content enrichment, and expanded value-added services to enhance operational efficiency and user experience[56] - The investment team, consisting of senior executives, continuously monitors market influence and technological developments in the maternal and child business chain[56] - The company requires invested entities to use funds solely for agreed business development projects, ensuring strict financial risk management[56] Corporate Governance - The company has adopted the corporate governance code as per the Stock Exchange Listing Rules and has complied with all provisions for the fiscal year ending December 31, 2024[65] - The board consists of seven members, including two executive directors and three independent non-executive directors, ensuring a balanced governance structure[71] - The independent non-executive directors play a crucial role in providing unbiased opinions on the company's strategy and performance, ensuring shareholder interests are considered[76] - The company has mechanisms in place to seek independent professional advice when necessary, ensuring informed decision-making by the board[74] - The company has not identified any violations of the written guidelines for employees regarding securities trading for the fiscal year ending December 31, 2024[68] - The board is committed to regular reviews of its corporate governance practices to ensure compliance with the governance code[66] - The chairman and CEO roles are separated to maintain a balance of power and authority within the company[73] - The board consists of 7 members, including 2 female directors, indicating a certain level of gender diversity compared to a single-gender board[83] - All directors have received training on their roles and responsibilities, with participation in various training sessions covering corporate governance and industry trends[84] - The board held a total of 4 regular meetings in 2024, with all directors having access to relevant documents and the ability to include discussion items in the agenda[88] - The company has arranged appropriate insurance coverage for potential legal actions against directors and senior management[85] - The company held its annual general meeting on June 15, 2024, and special meetings on March 13 and March 15, 2024, with attendance records for directors noted[89] - Directors are required to retire at least once every three years and must be re-elected at the annual general meeting[91] - The board has established committees including the audit committee, remuneration committee, and nomination committee, with sufficient resources to fulfill their responsibilities[93] - The company has a diversity policy for board recruitment and promotion, ensuring a diverse candidate pool for management positions[83] - The company has a continuous professional development policy for directors, ensuring they stay updated on governance and regulatory changes[84] - The company plans to reappoint directors who are retiring at the upcoming annual general meeting, with all retiring directors eligible and willing to stand for re-election[92] Risk Management - The company emphasizes the importance of effective risk management and internal controls for long-term sustainability, with the board responsible for maintaining these systems[108] - The risk management framework aims to enhance risk management and internal controls in accordance with listing rules, ensuring baseline risks remain within acceptable limits[109] - The company adopts a three-tier risk management approach to dynamically identify, assess, mitigate, and respond to risks across all business aspects[110] - The internal control system is designed based on the COSO framework, focusing on control environment, risk assessment, control activities, information and communication, and monitoring[111] - The board and audit committee review the effectiveness of the risk management and internal control systems biannually, ensuring they are adequate and effective[113] - The company has established a policy for insider information disclosure, ensuring compliance with relevant regulations and maintaining transparency[114] - The company is committed to maintaining clear and timely communication with shareholders and investors through various reports and announcements[115] Shareholder Information - The company did not declare any interim dividends during the fiscal year ending December 31, 2024, and the board does not recommend a final dividend for the twelve months ending December 31, 2024, consistent with the previous year[128] - The company’s available distributable reserves as of December 31, 2024, are approximately RMB zero, unchanged from the previous year[137] - The board of directors will present the audited accounts for the fiscal year ending December 31, 2024, at the annual general meeting[123] - The company’s main business is investment holding, with details of subsidiaries' primary operations included in the consolidated financial statements[124] - The company has established a dividend policy, which requires any final dividend to be approved by shareholders at the general meeting and cannot exceed the amount recommended by the board[121] - The company will hold its 2024 annual general meeting on June 30, 2025[129] - The company has not purchased, sold, or redeemed any of its listed securities during the year[135] - The board believes that the shareholder communication policy has been effectively implemented for the fiscal year ending December 31, 2024[120] Compliance and Regulatory Matters - The company has taken all reasonable actions to ensure compliance with qualification requirements for foreign investors in the value-added telecommunications sector in China[162] - The independent non-executive directors have confirmed that the ongoing related party transactions are conducted in the ordinary course of business and on normal commercial terms[165] - Nanjing Xinchang and Nanjing Xihui hold several licenses and permits necessary for conducting their primary business operations[173] - The company will continue to liaise with relevant government authorities to provide updated information as needed[162] - The contractual arrangement allows the company to control the operations and enjoy all economic benefits of its Chinese contractual entities[174] - There are risks associated with the contractual arrangements being deemed compliant with current and future Chinese laws and regulations[192] - The company is subject to foreign ownership restrictions in China, limiting foreign investment in value-added telecommunications services to a maximum of 50%[193] - The company must comply with the Ministry of Industry and Information Technology's regulations regarding ICP licenses and cannot lease or transfer these licenses to foreign investors[194] - The exclusive purchase rights agreement remains effective throughout the existence of the Chinese contractual entity, unless terminated by the company with a 30-day notice[189] - The new foreign investment law draft introduces new standards for defining domestic enterprises, which could affect the company's operational structure[197] - The company may be required to restructure its ownership or business operations if existing contractual arrangements are deemed non-compliant with future regulations[196] - The potential for regulatory actions could include the termination of business licenses or contracts, impacting the company's operations in China[196] - The company is at risk of being forced to divest its main business to comply with regulatory requirements if its operations are classified as foreign investment[197] - The business's ability to continue operating under existing contractual arrangements may depend on the final adoption of the new foreign investment law and its interpretations[197] - The company acknowledges the risk of being unable to consolidate the financial performance of its Chinese contractual entities if regulatory changes occur[198]

2 ' = 中 報 期 神宣儿网 China Parenting Network Holdings Limited 中國育兒網絡控股有限公司 ( 於開曼群島註冊成立的有限責任公司 ) 股份代號：1736 四 | --- | --- | |------------------------------|-------| | | 頁次 | | 公司資料 | 02 | | 摘要 | 04 | | 管理層討論與分析 | 05 | | 企業管治及其他資料 | 19 | | 簡明綜合損益及其他全面收益表 | 27 | | 簡明綜合財務狀況表 | 29 | | 簡明綜合權益變動表 | 31 | | 簡明綜合現金流量表 | 32 | | 簡明綜合財務報表附註 | 33 | 公司資料 董事會 執行董事 | --- | |--------------------------------------------------------| | | | Zhang Lake Mozi 先生(主席) | | 程力先生 | | 林洛锋先生(於二零二四年六月十三日辭任) | | Ng Kwok Ying Isabella 女士(於二零二四年六 ...

Share Issuance - The company issued 7,317,073 shares at a subscription price of HKD 0.041 per share, representing a discount of approximately 12.77% from the market price on the subscription date[1] - A subsequent agreement on May 4, 2023, involved the subscription of 26,086,956 shares at HKD 0.023 per share, reflecting a discount of about 11.54% from the market price[2] - On June 12, 2023, the company issued 91,733,750 shares at a subscription price of HKD 0.023 per share, with a discount of approximately 17.86% from the market price[3] - On July 11, 2023, the company issued 41,893,074 shares at a subscription price of HKD 0.1525 per share, reflecting a discount of approximately 19.74% from the market price[5] Proceeds from Share Issuance - The total proceeds from the subscription amounted to HKD 300,000, with a net amount of approximately HKD 266,000 after expenses of about HKD 34,000[1] - The net proceeds from this subscription were approximately HKD 296,000 after deducting expenses of about HKD 34,000[2] - The total proceeds from this subscription were HKD 2.1 million, with a net amount of approximately HKD 1.95 million after expenses of about HKD 150,000[3] - The total proceeds from this subscription were approximately HKD 6.4 million, with a net amount of about HKD 6.37 million after expenses of around HKD 35,000[5] Loan Capitalization - The company entered into a loan capitalization agreement on June 12, 2023, issuing 91,733,750 shares at HKD 0.023 per share to capitalize outstanding loans[4] Convertible Bonds - The company proposed to issue convertible bonds with a principal amount of approximately HKD 28.29 million at an initial conversion price of HKD 0.076 per share[6]

Financial Performance - For the six months ended June 30, 2024, the company reported revenue of RMB 16,539,000, a decrease of 30.5% compared to RMB 23,813,000 for the same period in 2023[9]. - The gross profit for the same period was RMB 1,599,000, down 66.7% from RMB 4,810,000 in the previous year[9]. - The company incurred a loss of RMB 10,262,000 for the period, compared to a loss of RMB 8,359,000 in the prior year, indicating a worsening of 22.7%[9]. - The company's revenue for the six months ended June 30, 2024, was approximately RMB 16.5 million, a decrease of about 30.7% compared to RMB 23.8 million for the same period in 2023[16]. - Gross profit for the six months ended June 30, 2024, was approximately RMB 1.6 million, a decrease of about 66.7% from RMB 4.8 million in the same period last year, with the gross margin dropping from approximately 20% to about 9.7%[18]. - The company's loss for the six months ended June 30, 2024, was approximately RMB 10.3 million, an increase of about 22.6% from RMB 8.4 million in the same period last year[24]. - The group reported a loss attributable to owners of the company of RMB 10,262,000 for the six months ended June 30, 2024, compared to a loss of RMB 8,359,000 for the same period in 2023, representing an increase in loss of approximately 22.7%[104]. - Basic and diluted loss per share for the six months ended June 30, 2024, was RMB (3.39), compared to RMB (4.05) for the same period in 2023, indicating an improvement in loss per share by approximately 16.3%[103]. Revenue and Income Sources - Revenue from customer contracts for the six months ended June 30, 2024, was RMB 16,539,000, a decrease of 30.7% compared to RMB 23,813,000 for the same period in 2023[69]. - Other income and gains increased by approximately 350% to RMB 6.3 million, compared to RMB 1.4 million in the previous year, mainly due to the sale of a subsidiary[19]. - Revenue from marketing and promotional services for the six months ended June 30, 2024, was RMB 14,179,000, an increase of 22.4% compared to RMB 11,548,000 for the same period in 2023[88]. - The company recorded other income of RMB 6,326,000 for the six months ended June 30, 2024, significantly higher than RMB 1,375,000 for the same period in 2023[92]. Expenses and Costs - The sales cost for the same period was approximately RMB 14.9 million, down about 21.6% from RMB 19.0 million in the previous year, primarily due to a decrease in orders[17]. - Selling and distribution expenses rose by approximately 20.4% to RMB 6.5 million, up from RMB 5.4 million in the previous year, primarily due to increased promotional expenses[20]. - Administrative expenses increased by approximately 60% to RMB 7.2 million, compared to RMB 4.5 million in the previous year, mainly due to higher intermediary fees[21]. - Research and development costs decreased by approximately 25% to RMB 2.1 million, down from RMB 2.8 million in the previous year, due to a reduction in R&D personnel and investment[22]. - The cost of services provided for the six months ended June 30, 2024, was RMB 12,587,000, compared to RMB 9,215,000 for the same period in 2023, reflecting an increase of approximately 36.5%[98]. - The group incurred financing costs of RMB 2,848,000 for the six months ended June 30, 2024, compared to RMB 1,912,000 for the same period in 2023, representing an increase of approximately 48.9%[99]. Assets and Liabilities - The asset-liability ratio as of June 30, 2024, was 97.6%, up from 68.6% as of December 31, 2023[25]. - The company's net current liabilities were approximately RMB 31.6 million as of June 30, 2024, compared to RMB 9.0 million as of December 31, 2023[26]. - As of June 30, 2024, the company's current liabilities exceeded its current assets by approximately RMB 31,552,000[81]. - The total financial liabilities as of June 30, 2024, were RMB 38,492,000, which includes borrowings of RMB 24,369,000[134]. - The company reported a total of RMB 2,888,000 in receivables after accounting for impairment provisions, down from RMB 18,593,000 as of December 31, 2023[116]. - Trade payables amounted to RMB 271,000 as of June 30, 2024, significantly down from RMB 5,170,000 as of December 31, 2023[118]. Investments and Strategic Focus - The company is focusing on enhancing employee training programs to improve morale and operational efficiency[28]. - The company is focusing on expanding its user base through strategic investments in technology and healthcare sectors, particularly in AI and online medical services[36]. - The company aims to leverage its investments to create a comprehensive ecosystem for parenting services, integrating technology and healthcare solutions[36]. - The company is exploring new product developments and technological advancements to strengthen its market position in the parenting industry[36]. - The company is committed to improving the quality of its content production to attract new generation parenting families[11]. - The company is enhancing its collaboration with professional institutions to provide scientific and professional parenting guidance, including the development of a curriculum system for parents of children aged 0-6[11]. Compliance and Governance - The company has confirmed compliance with relevant laws and regulations, ensuring no significant violations as of June 30, 2024[61]. - The audit committee, consisting of independent non-executive directors, has reviewed the interim financial results and reports for the period[63]. - The company has established a risk management framework to regularly assess and report risks, particularly concerning contracts with Chinese entities[64]. - The company has not granted any rights to directors or their immediate family members to acquire shares or debentures during the reporting period[59]. Future Outlook - Future outlook includes potential market expansion and strategic acquisitions to enhance service offerings and user engagement[36]. - The company plans to seek additional financial support, including loans and issuing new equity or bonds, to strengthen its working capital and cash flow[83]. - The company aims to expand its family-related services by leveraging internet technology to meet the needs of new generation family consumers, focusing on health, education, and entertainment[48].

Financial Performance - Total revenue for the year ended December 31, 2023, was RMB 57,444,000, a decrease of 32.5% compared to RMB 84,970,000 in 2022[9] - Gross profit for the same period was RMB 2,501,000, down 86.4% from RMB 18,392,000 in the previous year[9] - The net loss for the year was RMB 48,181,000, compared to a loss of RMB 42,005,000 in 2022, indicating a worsening financial position[9] - The company's administrative expenses increased by approximately 51.1% to RMB 13.9 million for the year ended December 31, 2023, compared to RMB 9.2 million in the previous year[35] - Research and development costs rose by approximately 11.7% to RMB 8.6 million for the year ended December 31, 2023, compared to RMB 7.7 million in the prior year[36] - The company's debt increased to approximately RMB 37.7 million as of December 31, 2023, compared to RMB 18.4 million in the previous year[43] - The asset-liability ratio as of December 31, 2023, was 68.6%, up from 39.3% in the previous year[40] - Total employee cost for the year ended December 31, 2023, was approximately RMB 13.0 million, a decrease of 26.5% from RMB 17.7 million in 2022[48] - As of December 31, 2023, the company had a total of 49 employees, down from 92 employees in 2022[48] - The company's revenue for the year ended December 31, 2023, was approximately RMB 57.4 million, a decrease of about 32.5% compared to RMB 85.0 million for the year ended December 31, 2022[29] - The cost of sales for the year ended December 31, 2023, was approximately RMB 54.9 million, down about 17.6% from RMB 66.6 million for the previous year[30] - The gross profit for the year ended December 31, 2023, was approximately RMB 2.5 million, a decrease of about 86.4% from RMB 18.4 million in the prior year, resulting in a gross margin decline from 21.6% to 4.4%[31] - The net loss for the year ended December 31, 2023, was approximately RMB 48.2 million, an increase of about 14.8% compared to a net loss of RMB 42.0 million for the year ended December 31, 2022[38] Market and Strategic Focus - The management highlighted the potential of the maternal and child market due to favorable government policies aimed at increasing birth rates[11] - The company is focusing on enhancing its digital technology capabilities to better serve the diverse needs of Generation Z parents, leveraging AI and digitalization[12] - The platform aims to create a comprehensive ecosystem for maternal and child services, connecting users with brands and industry partners[12] - Future strategies include providing personalized smart family solutions to meet the evolving demands of new-generation parents[13] - The company plans to continue expanding its ecosystem to enhance user experience and drive business growth[12] - In 2023, various provinces and cities in China implemented favorable policies for families with two or three children, significantly enhancing childbirth willingness and unlocking the potential of the maternal and infant market[16] - 51% of Generation Z parents prefer to purchase smart maternal and infant products, indicating a shift towards personalized and quality-focused parenting[17] - 60% of consumers are open to AI services in parenting, with high expectations for health management and daily care[20] Technology and Innovation - The company utilizes "digital + AI" technologies to offer refined services, enhancing user experience and reducing parenting costs[21] - The company has upgraded its AI parenting service "Smart Parenting Assistant" to version 3.0, which utilizes a large language model for more natural and context-aware interactions[24] - The "Smart Parenting Assistant" can switch between various intelligent modes, including pregnancy Q&A, ultrasound interpretation, and name suggestions, providing professional and convenient services[25] - The company collaborates with professional institutions to enhance scientific content and parenting education, addressing societal concerns about childbirth and parenting costs[22] - The company has established a professional maternal and infant MCN platform, integrating over 3,200 quality influencers and 800 authoritative parenting experts[22] - The company is committed to continuous upgrades of its AI services, aiming to make parenting easier and more enjoyable for users[25] Corporate Governance - The company has adopted corporate governance practices in line with the Stock Exchange Listing Rules, ensuring transparency and accountability[90] - The board consists of nine directors, including four executive directors and three independent non-executive directors, ensuring a diverse governance structure[97] - The board is committed to regular reviews of corporate governance practices to maintain compliance with established codes[91] - The company emphasizes the importance of independent non-executive directors in providing unbiased opinions on business performance and strategy[103] - The board diversity policy was established in June 2015, focusing on various factors such as gender, race, and professional experience to enhance governance standards[104] - The company has confirmed compliance with the board diversity policy as of December 31, 2023[104] - The company has established mechanisms to ensure independent viewpoints are available to the board, enhancing decision-making processes[100] - The company’s management team includes experienced professionals responsible for strategic planning and customer service[87] - The company has maintained a commitment to good corporate governance practices to enhance investor confidence and support sustainable development[90] Risk Management - The company emphasizes the importance of effective risk management for long-term sustainable development[140] - The risk management framework aims to strengthen risk management and internal controls in accordance with listing rules[141] - The internal control system is designed based on the COSO framework, covering key areas such as cash management and sales[143] - The board and audit committee review the effectiveness of the risk management and internal control systems semi-annually, concluding they are sufficient as of December 31, 2023[144] - The company has established a policy for insider information disclosure, ensuring compliance with the Securities and Futures Ordinance and maintaining strict confidentiality protocols[145] - The board emphasizes the importance of clear communication with shareholders, providing timely and accurate information through various reports and the company website[146] Investments and Financial Assets - The fair value of financial assets as of December 31, 2023, included investments in various companies, with a notable decrease in value for Nanjing Hongdou Information Technology Co., Ltd. by RMB 2,092,439.10[58] - The company reported a total investment cost of RMB 6,000,000 in Nanjing Liqi Information Technology Co., with a fair value of RMB 1,675,911, reflecting a decrease of RMB 3,254,089 or 66.5% compared to the previous year[59] - The overall performance of the investments indicates a trend of declining fair values across multiple holdings, with significant decreases in several key investments[60] - The company is actively monitoring its investments in emerging market growth enterprises, particularly those in the research and development phase[65] - The group aims to expand its family-related services by leveraging internet technology to meet the evolving needs of new-generation family consumers, including health, education, and entertainment[72] - The company prefers long-term investments, typically targeting entities with a potential return rate of at least 6% per annum or the current one-year deposit rate published by the People's Bank of China[73] - The group is focused on investing in companies engaged in the maternal and child industry and related technology development, with a strategy to limit ownership to no more than 20% of the target entity[73] Shareholder Information - The company did not declare any interim dividends during the fiscal year 2023, and the board does not recommend a final dividend for the twelve months ending December 31, 2023[161] - As of December 31, 2023, the company's distributable reserves were approximately RMB 0, compared to RMB 53.0 million as of December 31, 2022[171] - The company encourages shareholder participation in annual general meetings, ensuring at least 21 days' notice is provided[146] - The company’s shareholders' annual general meeting is scheduled for June 18, 2024[162] - The company will suspend the transfer of shares from June 13, 2024, to June 18, 2024, to determine eligibility for attending the annual general meeting[163] - Major shareholder Maria Rachel Mai Decolongon holds 50,562,270 shares, representing 17.55% of the company's equity[182] - Victory Glory Holdings Limited, owned by Executive Director Cheng Li, holds 24,000,000 shares, accounting for 8.33% of the company's equity[183]

Financial Performance - The company's revenue for the fiscal year ending December 31, 2023, was approximately RMB 57.4 million, a decrease of about 32.5% compared to RMB 85.0 million for the fiscal year ending December 31, 2022, due to the overall economic environment and intensified industry competition[21]. - Total revenue for the year ended December 31, 2023, was CNY 57,444,000, compared to CNY 84,970,000 in 2022, representing a decrease of approximately 32.5%[63]. - Gross profit for the year ended December 31, 2023, was approximately RMB 2.5 million, down approximately 86.4% from approximately RMB 18.4 million for the year ended December 31, 2022, resulting in a gross margin decrease from about 21.6% to approximately 4.4%[24]. - The company reported a net loss of CNY 48,181,000 for 2023, compared to a net loss of CNY 42,005,000 in 2022, reflecting a worsening financial position[65]. - Total comprehensive loss for the year was CNY 75,593,000, compared to CNY 166,983,000 in 2022, indicating an improvement in overall financial performance[65]. - The group reported a pre-tax loss of RMB 4,798,000 in 2023, compared to RMB 4,014,000 in 2022[93]. - The net loss for the year ended December 31, 2023, was approximately RMB 48.2 million, an increase of about 14.8% compared to a net loss of approximately RMB 42.0 million for the year ended December 31, 2022[31]. - The basic and diluted loss per share for 2023 was CNY 19.74, slightly improved from CNY 20.59 in 2022[63]. Market Trends and Consumer Behavior - 51% of Generation Z parents are inclined to purchase smart maternal and infant products, indicating a shift towards quality and convenience in parenting[6]. - The maternal and infant market is experiencing a consumption upgrade driven by favorable policies and changing consumer attitudes towards parenting[4]. - AI is leading the transformation in the maternal and infant industry, with 60% of consumers open to AI services for health management and childcare[9]. - The focus on "intelligent and refined parenting" aligns with the preferences of Generation Z parents, who prioritize personalized and high-quality products[5]. Technological Innovations - The company aims to leverage "digitalization + AI" technologies to reduce parenting costs and enhance user experience through personalized services[10]. - The company has upgraded its AI parenting service "Smart Parenting Assistant" 3.0, which utilizes a large language model to provide more intelligent and natural responses to user inquiries[14]. - The "Smart Parenting Assistant" can switch between various intelligent modes, including pregnancy Q&A, B-ultrasound interpretation, naming suggestions, and companionship, enhancing user experience and service convenience[16]. - The company is committed to exploring AI-driven innovations in maternal and infant services, enhancing the quality of parenting support[7]. Business Strategy and Ecosystem Development - The company has established a strong professional maternal and infant ecosystem by connecting users, brands, and channels[10]. - The company aims to continuously improve its ecosystem layout through "digital + AI" technology, providing more refined services for maternal and infant users and brand merchants[19]. - The company plans to explore industry frontiers by conducting research on online and offline user needs, focusing on professional selection, research, production, and quality control of maternal and infant products[20]. - The company aims to expand its family-related services by integrating health, education, and entertainment into its existing maternal and infant platform, thereby extending user engagement and meeting the growing demand in the maternal and infant sector[57]. Operational and Financial Management - The group's sales cost for the year ended December 31, 2023, was approximately RMB 54.9 million, a decrease of about 17.6% compared to approximately RMB 66.6 million for the year ended December 31, 2022[22]. - Selling and distribution expenses for the year ended December 31, 2023, were approximately RMB 13.7 million, a decrease of about 12.7% compared to approximately RMB 15.7 million for the year ended December 31, 2022[26]. - Administrative expenses for the year ended December 31, 2023, increased by approximately 51.1% to about RMB 13.9 million from approximately RMB 9.2 million for the year ended December 31, 2022[27]. - Research and development costs for the year ended December 31, 2023, were approximately RMB 8.6 million, an increase of about 11.7% from approximately RMB 7.7 million for the year ended December 31, 2022[28]. Corporate Governance and Compliance - The company has established corporate governance policies to enhance transparency and accountability in its operations[132]. - The company has complied with all corporate governance code provisions as of December 31, 2023[132]. - The audit committee has reviewed the financial performance for the year ending December 31, 2023, and believes that the financial statements comply with applicable accounting standards[139]. - The annual performance announcement has been verified by the external auditor, Tianjian International CPA Limited, and aligns with the financial statements for the year[140]. Future Outlook and Growth Potential - Future growth is expected as the company continues to adapt to the evolving needs of consumers in the maternal and infant sector[10]. - The company is focused on enhancing its product offerings and technology development to drive future growth[71]. - The company plans to seek additional financial support, including loans, issuance of new equity, or bonds[77].

告 中 확侵 期 游筒 儿网 China Parenting Network Holdings Limited 中國育兒網絡控股有限公司 ( 於開曼群島註冊成立的有限責任公司 ) 股份代號：1736 cP 目 錄 | | 頁次 | | --- | --- | | 公司資料 | 02 | | 摘要 | 04 | | 管理層討論與分析 | 05 | | 企業管治及其他資料 | 22 | | 中期簡明綜合損益表 | 30 | | 中期簡明綜合損益及其他全面收益表 | 31 | | 中期簡明綜合財務狀況表 | 32 | | 中期簡明綜合權益變動表 | 34 | | 中期簡明綜合現金流量表 | 35 | | 中期簡明綜合財務報表附註 | 36 | 公司資料 董事會 執行董事 Zhang Lake Mozi 先生 （主席） 程力先生 林洛鋒先生（於二零二三年八月九日獲委任） Ng Kwok Ying Isabella女士 （於二零二三年八月二十五日獲委任） 非執行董事 李娟女士 張海華先生 吳海明先生（已於二零二三年八月九日辭任） 獨立非執行董事 趙臻先生 葛寧先生 潘文柅先生 董事委員會 審核委員會 潘文柅先生 （主席 ...

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之內容 概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不會 就本公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損 失承擔任何責任。 China Parenting Network Holdings Limited 中 國 育 兒 網 絡 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1736） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 中 期 業 績 公 告 中國育兒網絡控股有限公司（「本公司」及其附屬公司，統稱「本集團」或「我 們」）董事（「董事」）會（「董事會」）欣然宣佈本集團截至二零二三年六月三十 日止六個月之未經審核簡明綜合中期業績。本公告列載本公司二零二三 年 中 期 報 告 之 全 文，並 符 合 香 港 聯 合 交 易 所 有 限 公 司（「香 港 聯 交 所」）證 券 上 市 規 則（「上 市 規 則」）中 有 關 中 期 業 績 初 步 公 告 附 載 的 資 料 要 求。本 業 績 公 告 刊 發 於 香 港 聯 交 所 網 站(www.hkexnews.hk)及 本 ...

目 錄 | | 頁次 | | --- | --- | | 公司資料 | 02 | | 摘要 | 04 | | 主席報告書 | 05 | | 管理層討論與分析 | 06 | | 董事及高級管理層簡介 | 24 | | 企業管治報告 | 28 | | 董事會報告書 | 44 | | 環境、社會及管治報告 | 71 | | 獨立核數師報告 | 95 | | 綜合損益表 | 100 | | 綜合全面收益表 | 101 | | 綜合財務狀況表 | 102 | | 綜合權益變動表 | 104 | | 綜合現金流量表 | 105 | | 綜合財務報表附註 | 107 | | 五年財務概要 | 176 | 公司資料 董事會 執行董事 Zhang Lake Mozi 先生 （主席） 程力先生 胡慶楊先生（已於二零二二年九月七日辭任） 非執行董事 李娟女士 吳海明先生 張海華先生 獨立非執行董事 趙臻先生 葛寧先生 潘文柅先生（於二零二三年四月十三日獲委任） 胡澤民先生（已於二零二三年四月十三日辭任） 董事委員會 審核委員會 潘文柅先生 （主席） （於二零二三年四月十三日獲委任） 李娟女士 葛寧先生 胡澤民先生（已於二零二三年四 ...

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之內容 概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示概不會 就本公告全部或任何部分內容而產生或因倚賴該等內容而引致之任何損 失承擔任何責任。 China Parenting Network Holdings Limited 中 國 育 兒 網 絡 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1736） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 全 年 業 績 公 佈 中國育兒網絡控股有限公司（「本公司」及其附屬公司，統稱「本集團」或「我 們」）董 事（「董 事」）會（「董 事 會」）欣 然 宣 佈 本 集 團 截 至 二 零 二 二 年 十 二 月 三十一日止年度（「年內」或「報告期」）的經審核綜合業績。 摘要 — 於二零二二年度，本公司旗下手機APP加總（手機APP加總數據為育兒 網旗下2款主要APP孕育提醒和媽媽社區的數據之和）MAU及DAU分別 為16.99百萬和3.79百萬，較之去年分別增長了6.19%和5.87%。 — 育兒網圍繞「網住流量、網住新客、網住會員、網住增長」策略，憑藉 ...