Company Overview - The group reported a comprehensive financial statement for the year ending December 31, 2021, highlighting its status as a construction decoration service provider in Shenzhen, China[12]. - The group has approximately 30 years of operational history and holds several top-level construction qualifications and licenses in the Chinese construction industry[12]. - The group was listed on the main board of the Hong Kong Stock Exchange on January 14, 2020[12]. - The group is headquartered in Shenzhen, Guangdong Province, China, with a major operational location in Hong Kong[6][7]. - The group's main business involves providing indoor and outdoor architectural decoration and design services, covering various types of buildings[79]. Market Position and Strategy - The group has established a strong market presence in the construction decoration sector, leveraging its extensive experience and qualifications[12]. - The group aims to expand its market reach and enhance its service offerings in the construction industry[12]. - The group aims to capture growth opportunities post-pandemic by maintaining traditional channels and actively seizing emerging channel opportunities[14]. - The domestic construction decoration market is expected to rebound strongly after the pandemic, despite temporary setbacks due to COVID-19[16]. - The construction decoration industry in China continues to show significant growth potential, driven by rapid urbanization and ongoing demand for renovation throughout the lifecycle of buildings[17]. Financial Performance - The group's revenue decreased from approximately RMB 1,247.6 million for the year ended December 31, 2020, to approximately RMB 1,031.4 million for the year ended December 31, 2021, a decline of about RMB 216.2 million or 17.3%[13]. - Gross profit fell from approximately RMB 148.6 million to approximately RMB 77.7 million, a decrease of about 47.7%, with the gross margin dropping from 11.9% to 7.5%[34]. - The company recorded a net loss of approximately RMB 1,206.2 million for the year ended December 31, 2021, compared to a profit of approximately RMB 21.1 million in the previous year, marking a decline of 5,816.6%[41]. - The company incurred a loss before tax of RMB (1,162.9) million in 2021, compared to a profit of RMB 32.5 million in 2020[61]. - Total assets decreased to RMB 567.8 million in 2021 from RMB 1,952.7 million in 2020, indicating a significant reduction of approximately 70.9%[62]. Research and Development - The group is focused on research and development to innovate new products and technologies in the construction decoration field[12]. - The group emphasizes the importance of research and development to enhance its innovation capabilities and construction techniques[21]. - The company plans to implement an industry internet-based SaaS service platform in 2022 to enhance organizational efficiency and address industry pain points[30]. - The company is investing G million in R&D for new technologies, aiming to launch H new products in the next 12 months[67]. Corporate Governance - The group is committed to maintaining high standards of corporate governance and compliance with regulatory requirements[12]. - The group has a diverse board of directors with various expertise, ensuring effective oversight and strategic direction[4]. - The board is responsible for leading and controlling the company, overseeing business strategies and performance[156]. - The board consists of eight directors, including two executive directors, three non-executive directors, and three independent non-executive directors[159]. - All directors have confirmed their independence in accordance with the listing rules, ensuring compliance with governance standards[162]. Risk Management - The company has implemented a risk management and internal control system, which was reviewed for effectiveness during the fiscal year[182]. - The company has established a high-level risk management and internal control system to protect shareholder investments and company interests[199]. - The risk management system aims to minimize and prevent a range of strategic, business, financial, and legal risks[199]. - Identified risks are evaluated based on their likelihood of occurrence and potential impact on business operations[200]. Awards and Recognition - The group received two Guangdong Province Construction Decoration Industry Science and Technology Innovation Achievement Awards and four Chinese utility model patents in the current year[22]. - The group has been recognized with multiple awards for its construction quality and design capabilities, including the 2021-2022 China Construction Engineering Decoration Award[23]. Employee and Management Information - The group had a total employee cost of approximately RMB 36.9 million in 2021, down from RMB 40.5 million in 2020[137]. - The group employed 178 employees as of December 31, 2021, a decrease from 366 employees in 2020[137]. - The company has provided liability insurance for all directors and senior management to minimize risks[174]. - The company encourages all directors to engage in ongoing professional development to enhance their knowledge and skills[172]. Financial Position and Capital Management - The group raised a net amount of HKD 107.4 million from its listing on January 14, 2020, after deducting related listing expenses[20]. - As of December 31, 2021, the group's cash and cash equivalents were approximately RMB 22.7 million, a decrease from RMB 56.9 million in 2020[47]. - The current ratio decreased to 47.0% in 2021 from 140.5% in 2020, while the debt-to-equity ratio changed from 23.2% in 2020 to (27.4%) in 2021[47]. - The group plans to allocate 61.2% of the net proceeds for capital needs and cash flow, which amounts to HKD 80.2 million[87]. Dividend Policy - The group did not recommend a final dividend for the year ended December 31, 2021[52]. - The company adopted a dividend policy on December 21, 2019, which allows the board to declare dividends based on the group's profits[191]. - The board will consider various factors when recommending any dividend payout ratio, including the group's actual and expected financial performance and shareholder equity[193].

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 倚賴該等內容而引致的任何損失承擔任何責任。 Wenye Group Holdings Limited 文 業 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1802） 截至2023年6月30日止六個月的 中期業績公告 中期業績 文業集團控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司及其附 屬公司（統稱「本集團」）截至2023年6月30日止期間（「2023年上半年」）的未經審 核簡明綜合中期業績，連同截至2022年6月30日止期間（「2022年上半年」）的比 較數字。 財務摘要 截至6月30日止六個月 2023年 2022年 人民幣千元 人民幣千元 （未經審核）（未經審核） ...

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 倚賴該等內容而引致的任何損失承擔任何責任。 Wenye Group Holdings Limited 文 業 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1802） 截至2022年12月31日止年度的 年度業績公告 末期業績 文業集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈本公 司及其附屬公司（統稱「本集團」）截至2022年12月31日止年度的經審核綜合業績， 連同截至2021年12月31日止年度的比較數字。 財務摘要 2022年 2021年 人民幣千元 人民幣千元 收益 378,119 1,031,361 毛利率 6.3% 7.5% ...

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 倚賴該等內容而引致的任何損失承擔任何責任。 Wenye Group Holdings Limited 文 業 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1802） 截至2022年6月30日止六個月的 中期業績公告 中期業績 文業集團控股有限公司（「本公司」）董事會（「董事會」）謹此宣佈本公司及其附 屬公司（統稱「本集團」）截至2022年6月30日止期間（「2022年上半年」）的未經審 核簡明綜合中期業績，連同截至2021年6月30日止期間（「2021年上半年」）的比 較數字。 財務摘要 截至6月30日止六個月 2022年 2021年 人民幣千元 人民幣千元 （未經審核）（未經審核） ...

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 倚賴該等內容而引致的任何損失承擔任何責任。 Wenye Group Holdings Limited 文 業 集 團 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1802） 截至2021年12月31日止年度的 年度業績公告 末期業績 文業集團控股有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈本公 司及其附屬公司（統稱「本集團」）截至2021年12月31日止年度的經審核綜合業績， 連同截至2020年12月31日止年度的比較數字。 財務摘要 2021年 2020年 人民幣千元 人民幣千元 收益 1,031,361 1,247,561 毛利率 7.5% 11.9% ...

Financial Performance - The company's revenue for the year ended December 31, 2021, was RMB 1,149,569,000, a decrease of 7.85% compared to RMB 1,247,561,000 in 2020[7] - The gross profit margin for 2021 was 10.77%, down from 11.9% in 2020[7] - The net loss attributable to the owners of the company for 2021 was RMB 59,893,000, compared to a profit of RMB 21,069,000 in 2020[9] - Total revenue for construction services in 2021 was RMB 1,133,212,000, a decrease of 7.4% from RMB 1,224,256,000 in 2020[27] - Total revenue for design services in 2021 was RMB 16,357,000, down 29.8% from RMB 23,305,000 in 2020[27] - Total operating expenses in 2021 amounted to RMB 1,070,963,000, a decrease of 8.1% from RMB 1,165,895,000 in 2020[28] - Basic loss per share for 2021 was RMB (0.1), compared to earnings of RMB 0.04 per share in 2020[34] - The effective tax rate for 2021 was 28%, consistent with the rate in 2020[30] - No dividends were proposed for the year ended December 31, 2021, same as in 2020[31] - The company reported a net financial and contract asset impairment loss of RMB 96,000,000 in 2021, compared to RMB 44,312,000 in 2020[9] - Other income recorded for the year ended December 31, 2021, was approximately RMB 3.7 million, down from RMB 14.3 million in 2020[59] - The company reported a net loss of approximately RMB 60.0 million for the year ended December 31, 2021, compared to a profit of approximately RMB 21.1 million in 2020[65] Assets and Liabilities - The company's total assets as of December 31, 2021, were RMB 1,793,728,000, a decrease from RMB 1,952,677,000 in 2020[12] - The total equity attributable to the owners of the company decreased to RMB 566,398,000 in 2021 from RMB 625,804,000 in 2020[12] - The company's cash and cash equivalents as of December 31, 2021, were RMB 33,727,000, down from RMB 56,856,000 in 2020[12] - As of December 31, 2021, trade receivables amounted to RMB 836.8 million, down from RMB 1,019.8 million in 2020, with a net amount of RMB 538.8 million after impairment provisions[37] - The net amount of warranty receivables was RMB 98.9 million in 2021, a decrease from RMB 107.7 million in 2020[37] - Trade and other receivables decreased from approximately RMB 991.2 million in 2020 to approximately RMB 680.3 million in 2021, a decline of about 31.4%[67] - Trade payables were RMB 677.3 million in 2021, down from RMB 844.6 million in 2020[47] - Trade and other payables decreased by 9.8% from approximately RMB 1,034.8 million in 2020 to approximately RMB 933.4 million in 2021[68] - Bank borrowings as of December 31, 2021, were approximately RMB 102.3 million, down from RMB 161.3 million in 2020, with a weighted average interest rate of approximately 5.54%[69] - The current ratio improved slightly from 1.41 in 2020 to 1.45 in 2021, while the debt-to-equity ratio decreased from 23.2% to 17.8%[72] Business Operations and Challenges - The company faced significant limitations in collecting necessary documents due to COVID-19 related travel restrictions[4] - The company faced challenges due to the ongoing COVID-19 pandemic and strict government measures, as well as a cooling real estate market impacting the decoration industry[50] - The number of new projects undertaken in 2021 totaled 233, with a total contract value of RMB 1,060.09 million, indicating a significant decline compared to the previous year[51] - The aging analysis of trade receivables showed that RMB 648.7 million was classified as unbilled revenue as of December 31, 2021[38] - The company reported a maximum credit risk of RMB 680.3 million for trade and other receivables as of December 31, 2021[37] Future Plans and Governance - The company expects to publish its audited annual results for 2021 by the end of April 2022[5] - The company plans to announce further updates at an appropriate time regarding its audited financial results[5] - The company is evaluating the financial impact of adopting new accounting standards and amendments that will take effect in the future[22] - The company has not reported any significant impact from the adoption of new accounting standards that took effect on January 1, 2021[19] - The company plans to reshape its business model and enhance digital transformation in 2022, aiming for significant growth in performance through innovative platforms and services[53] - The company fully complied with the corporate governance code, with a noted deviation regarding the separation of the roles of Chairman and CEO[85][87] - The audit committee reviewed the unaudited consolidated financial statements for the year ended December 31, 2021[92] - The company plans to publish its audited annual results by April 30, 2022, following the completion of the audit process[93] Capital Allocation - The net proceeds from the global offering amounted to approximately HKD 107.4 million, fully utilized by December 31, 2021[82] - The capital allocation from the net proceeds included 61.2% for capital needs and cash flow, 8.1% for hiring more project managers and designers, and 20.9% for enhancing existing branches[82]

Wenye Group Holdings Limited （於開曼群島註冊成立的有限公司） 股份代號：1802 中期報告 2021 Wenye Group Holdings Limited (Incorporated in the Cayman Islands with limited liability) Stock Code: 1802 INTERIM REPORT 2021 | 公司資料 | 2 | | --- | --- | | 管理層討論及分析 | 4 | | 其他資料 | 12 | | 簡明綜合全面收益表 | 16 | | 簡明綜合財務狀況表 | 18 | | �明�����動� | 20 | | �明��現金流量� | 22 | | 簡明綜合中期財務資料附註 | 23 | 公司資料 董事會 執行董事 范少周先生 （主席兼行政總裁） 萬能先生 （財務總監） 彭偉周先生 非執行董事 鄧光輝先生 陳立先生 獨立非執行董事 黃桂清女士 劉曉一先生 劉子平先生 董事委員會 審核委員會 黃桂清女士 （主席） 劉子平先生 劉曉一先生 薪酬委員會 劉曉一先生 （主席） 黃桂清女士 范少周先生 提名委員會 范少周 ...

Wenye Group Holdings Limited （於開曼群島註冊成立的有限公司） 股份代號：1802 年報 2020 Wenye Group Holdings Limited (Incorporated in the Cayman Islands with limited liability) Stock Code: 1802 ANNUAL REPORT 2020 ANNUAL REPORT WENYE GROUP HOLDINGS LIMITED 2020 年報 文業集團控股有限公司 目錄 | 公司資料 | 2 | | --- | --- | | 釋義 | 4 | | 主席報告 | 6 | | 管理層討論及分析 | 11 | | 五年財務摘要 | 16 | | 董事及高級管理層簡歷 | 17 | | 董事會報告 | 21 | | 企業管治報告 | 35 | | 獨立核數師報告 | 51 | | 綜合全面收益表 | 57 | | 綜合財務狀況表 | 58 | | 綜合權益變動表 | 60 | | 綜合現金流量表 | 61 | | 綜合財務報表附註 | 62 | 01 2020年年報 文業集團控股有限 ...

Wenye Group Holdings Limited 文業集團控股有限公 司 文業集團控股有限公 司 (Incorporated in the Cayman Islands with limited liability) Stock Code: 1802 INTERIM REPORT 2020 目錄 中期報告 2020 Wenye Group Holdings Limited （於開曼群島註冊成立的有限公司） （股份代號：1802） | 公司資料 | 2 | | --- | --- | | 管理層討論及分析 | 4 | | 其他資料 | 12 | | 簡明綜合全面收益表 | 16 | | 簡明綜合財務狀況表 | 18 | | 簡明綜合權益變動表 | 20 | | 簡明綜合現金流量表 | 22 | | 簡明綜合中期財務資料附註 | 23 | 01 中期報告 2020 文業集團控股有限公司 公司資料 董事會 執行董事 范少周先生 （主席兼行政總裁） 萬能先生 （財務總監） 彭偉周先生 （於2020年7月 2日獲委任） 黃瑾女士 （副主席兼聯席公司秘書， 於2020年6月30日辭任） 非執行董事 鄧光輝先生 陳 ...

Financial Performance - The group's revenue for the year ended December 31, 2019, was RMB 1,557.9 million, an increase of 8.1% compared to 2018, primarily driven by growth in public construction project revenues[12] - The company's revenue for the year ended December 31, 2019, was approximately RMB 1,557.9 million, an increase of 8.1% compared to RMB 1,440.8 million in 2018[31] - The group's revenue increased from approximately RMB 1,440.8 million for the year ended December 31, 2018, to approximately RMB 1,557.9 million for the year ended December 31, 2019, representing a growth of about 8.1%[55] - Gross profit rose from approximately RMB 163.7 million for the year ended December 31, 2018, to approximately RMB 186.9 million for the year ended December 31, 2019, an increase of approximately 14.2%[33] - The net profit for the year decreased by 33.8% from approximately RMB 60.1 million for the year ended December 31, 2018, to approximately RMB 39.8 million for the year ended December 31, 2019[40] - The group recorded other income of approximately RMB 11.8 million for the year ended December 31, 2019, primarily from rental income, government grants, and litigation compensation[34] Project and Contract Management - A total of 384 new projects were undertaken during the year, with a total contract value of RMB 1,559.0 million, and as of December 31, 2019, there were 281 ongoing projects with an uncompleted contract value of RMB 956.0 million[13] - The company signed 384 projects in 2019, with a total contract value (including tax) of RMB 1,559.0 million[28] - As of December 31, 2019, there were 281 ongoing projects, with unrecognized revenue valued at approximately RMB 956.0 million[28] Business Expansion and Strategy - The company plans to actively expand into overseas markets and collaborate strategically with large real estate companies, focusing on residential decoration business[15] - The company plans to optimize its sales network and expand office space to enhance existing branch capabilities[27] - The company aims to recruit more project managers, designers, and R&D personnel to improve service capacity and competitiveness[30] - The company is actively pursuing market expansion and new product development to enhance its competitive edge in the industry[70] - The strategic direction of the company emphasizes innovation and adaptation to market trends, positioning it for future growth[70] Research and Development - The company obtained five utility model patents, one design patent, and one software copyright in 2019, continuing its momentum in research and development[20] Financial Management and Governance - The company has been focusing on financial management strategies, with the CFO overseeing financial operations since 2006, ensuring robust financial health[62] - The board of directors comprises individuals with extensive experience in the decoration and engineering sectors, providing strategic guidance for business development[67] - The company is committed to maintaining high standards of corporate governance and has implemented measures to ensure compliance with applicable laws and regulations[145] - The audit committee reviewed the consolidated financial statements and confirmed they were prepared in accordance with applicable accounting standards and regulations[140] Risk Management - The company emphasizes the importance of internal controls and risk management systems, which were reviewed during the 2019 period[168] - The company is committed to establishing a high-level risk management and internal control system to protect shareholder investments[188] - The risk management system aims to minimize and prevent a range of strategic, operational, financial, and legal risks[188] Shareholder Relations - The company emphasizes the importance of effective communication with shareholders to enhance investor relations and understanding of business performance and strategy[197] - The company encourages shareholders to attend annual general meetings to express opinions and ask questions[197] - Shareholders have the right to propose independent resolutions at the general meeting, which will be voted on according to the Listing Rules[192] Employee Management - The group had a total of 429 employees as of December 31, 2019, down from 533 employees as of December 31, 2018[132] - Employee costs, including director remuneration, amounted to approximately RMB 53.3 million for the year, compared to RMB 52.4 million in 2018[132] Dividend Policy - The company did not recommend any final dividend for the year ended December 31, 2019[85] - The company adopted a general dividend policy on December 21, 2019, to distribute dividends based on the group's profit attributable to shareholders[178] - The board will consider various factors when proposing any dividend payout ratio, including the group's actual and expected financial performance and debt-to-equity ratio[179] - The company has a policy to review its dividend distribution regularly and reserves the right to update or modify this policy at any time[183]