Financial Performance - The company reported a revenue increase of 15% year-over-year, reaching RMB 1.2 billion for the fiscal year 2024[4]. - The total revenue for the Group in 2024 was approximately RMB 1,313.61 million, representing a decrease of approximately 11.26% compared to RMB 1,491.15 million in 2023[24]. - Gross profit for 2024 was approximately RMB 315.25 million, a decrease of approximately 4.17% from the previous year, primarily due to a downturn in the steel market and intense competition in the liquefied industrial gas market[24]. - Profit attributable to owners of the Company in 2024 was approximately RMB 130.05 million, an increase of approximately 1.54% from RMB 128.08 million in 2023[24]. - The Group's revenue for the year ended December 31, 2024, decreased to approximately RMB1,313.61 million, representing an 11.91% decrease from approximately RMB1,491.15 million for the year ended December 31, 2023[42]. - Gross profit for the Reporting Period was approximately RMB315.25 million, a decrease of about 5.07% from RMB332.10 million in 2023, primarily due to lower selling prices of lean krypton xenon liquid oxygen[74]. Market and Business Development - User data showed a growth of 20% in active users, totaling 5 million by the end of 2024[4]. - New product launches contributed to a 25% increase in market share in the gas industry segment[4]. - The company is exploring strategic acquisitions to enhance its service offerings and market presence[4]. - The successful market launch of rare gas products (lean krypton xenon) has filled market gaps in the aerospace and high-end electronics sectors, enhancing the Group's competitiveness[26]. - The Group aims to diversify its customer base and supply chain to mitigate risks associated with the US-China trade policies and ongoing trade tensions[58]. - The industrial gas market in China is expected to continue growing, driven by national policies, foreign investment, and the development of high-tech industries[66]. Operational Enhancements - The company is investing RMB 200 million in R&D for new technologies in air separation units[4]. - Market expansion efforts have led to the establishment of two new facilities in Hebei, expected to increase production capacity by 30%[4]. - The Group operates two pipeline industrial gas production plants as of December 31, 2024, to enhance service delivery to its customers[48]. - The Group's TTG New District Plant has enhanced its production capacity with one set of 60,000Nm3/hr and two sets of 40,000Nm3/hr air separation units in smooth operation[25]. Financial Position and Assets - The Group's total assets as of 2024 were approximately RMB 2,443.15 million, while total liabilities were approximately RMB 799.25 million[37]. - The Group's total equity increased to approximately RMB 1,643.90 million in 2024, up from RMB 1,513.43 million in 2023[37]. - The current ratio improved to approximately 1.54 as of December 31, 2024, compared to approximately 1.28 in 2023[101]. Expenses and Costs - Selling and marketing expenses rose by approximately 22.75% to approximately RMB2.32 million from RMB1.89 million in 2023, mainly due to increased employee benefits expenses[86]. - Administrative expenses decreased by approximately 13.07% to approximately RMB47.28 million from RMB54.39 million in 2023, attributed to lower depreciation and reduced legal and professional fees[87]. - Net finance costs decreased by approximately 14.92% to approximately RMB18.48 million from RMB21.72 million in 2023, mainly due to a decrease in interest expenses[94]. Management and Governance - The Group's management team includes experienced executives with over 31 years in their respective industries, enhancing leadership stability[134][136]. - The company has a strong board with members holding qualifications from prestigious institutions, including the Hong Kong Institute of Certified Public Accountants and the University of Oxford[144][152]. - The board includes independent non-executive directors who provide oversight and independent advice, enhancing corporate governance[149]. - The management team collectively brings a wealth of experience from various sectors, contributing to the Company's strategic direction[175]. Strategic Outlook - The company provided a positive outlook, projecting a revenue growth of 10-12% for the next fiscal year[4]. - The Group plans to enhance its digital platform, aiming for a 50% increase in online service usage by 2025[4]. - The Group aims to enhance its market analysis and risk forecasting capabilities to address challenges posed by the US-China trade war and changes in trade policies[60]. Employee and Training Initiatives - The Group emphasizes employee training and development, investing in continuing education and training programs for management and staff[124]. - As of December 31, 2024, the Group employed 324 employees, with total staff costs of approximately RMB52.64 million for the year, a decrease from RMB55.37 million in 2023[128].

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 何部分內容所產生或因依賴該等內容而引致的任何損失承擔任何責任。 CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. LTD. （於開曼群島註冊成立的成員有限公司） （股份代號：1940） 截至2024年12月31日止年度的年度業績公告 財務摘要 1 • 截至2024年12月31日止年度（「報告期」）的收益約人民幣1,313.61百萬元，較 截至2023年12月31日止年度約人民幣1,491.15百萬元減少約11.91%。 • 報告期的毛利約人民幣315.25百萬元，較截至2023年12月31日止年度約人民 幣332.10百萬元減少約5.07%。 • 報告期的純利約人民幣130.05百萬元，較截至2023年12月31日止年度約人民 幣128.08百萬元增加約1.54%。 • 報告期內，本公司權益股東應佔每股基本及攤薄盈利分別約人民幣0.11元 及人民幣0.11元，而截至2023年12月31日止年度本公司權益股東應佔每股基 本及攤薄盈利分 ...

Financial Performance - The company reported a revenue of RMB 1.2 billion for the six months ended June 30, 2024, representing a year-on-year increase of 15%[9]. - In the first half of 2024, the Group's revenue was approximately RMB640.75 million, a decrease from RMB708.08 million in the same period of 2023[10]. - The Group's revenue for the reporting period amounted to approximately RMB640.75 million, representing a decrease of approximately 9.51% compared to RMB708.08 million in the same period of 2023[24]. - Revenue for the six months ended June 30, 2024, was RMB 640.75 million, a decrease of 9.5% compared to RMB 708.08 million for the same period in 2023[89]. - Profit for the period attributable to owners of the Company was RMB 51.79 million, a decline of 25.5% from RMB 69.50 million in 2023[89]. - Total comprehensive income for the period was RMB 52.89 million, compared to RMB 68.39 million in the previous year, representing a decrease of 22.6%[89]. Revenue Segmentation - The Group's supply of industrial gas (pipeline and liquefied) generated revenue of RMB550.01 million, with a gross profit margin of 29.28%[15]. - The LNG and gas transmission service segment reported revenue of RMB83.71 million, with a significantly lower gross profit margin of 0.95% compared to the previous year[15]. - The technical support and management services segment achieved revenue of RMB7.03 million, with a high gross profit margin of 47.11%[15]. - External revenue from the supply of industrial gas was RMB 564,887,336, while revenue from LNG and gas transmission services was RMB 83,712,633, down from RMB 143,190,867 in the previous year[111]. Market Outlook and Strategy - The company provided a positive outlook, projecting a revenue growth of 10-15% for the next fiscal year[9]. - The company is expanding its market presence in the Hebei province, targeting a 25% increase in market share by the end of 2025[9]. - A strategic acquisition of a local competitor was completed, expected to enhance operational capabilities and increase annual revenue by RMB 300 million[9]. - The company aims to reduce carbon emissions by 20% by 2025 as part of its sustainability strategy[9]. Operational Efficiency - The gross profit margin improved to 35%, up from 32% in the previous year, reflecting better cost management[9]. - Research and development expenses increased by 30% to RMB 150 million, focusing on advanced gas technologies[9]. - The company plans to invest RMB 500 million in infrastructure improvements over the next two years to support growth initiatives[9]. Cash Flow and Liquidity - Cash and cash equivalents as of June 30, 2024, were RMB 177.78 million, down from RMB 202.62 million at the end of 2023[90]. - Trade receivables decreased to RMB 534.41 million from RMB 543.92 million at the end of 2023, indicating improved collection efforts[90]. - Net current assets increased to RMB 229.61 million, compared to RMB 184.62 million at the end of 2023, reflecting better liquidity management[90]. - The Group's total cash and bank balances were approximately RMB177.78 million as of June 30, 2024, down from RMB202.62 million at the end of 2023[35]. Related Party Transactions - For the six months ended June 30, 2024, the company reported significant purchases from related parties totaling RMB 383,540,334, a decrease from RMB 454,812,622 in the same period of 2023, representing a reduction of approximately 15.6%[157]. - Sales to related parties for the six months ended June 30, 2024, amounted to RMB 497,885,872, slightly down from RMB 507,573,722 in the previous year, indicating a decrease of about 1.4%[158]. - The company engaged in significant transactions with HBIS Company Limited, purchasing utilities and services worth RMB 9,143,000 in the first half of 2024, compared to RMB 43,065,879 in the same period of 2023, reflecting a substantial decline[157]. Employee and Management Costs - Total staff costs for the reporting period were approximately RMB 28.62 million, compared to RMB 25.99 million for the same period in 2023, reflecting an increase of about 10%[51]. - Key management personnel compensation for the six months ended June 30, 2024, totaled RMB 3,101,290, compared to RMB 2,491,908 for the same period in 2023, reflecting a 24.5% increase[171]. Financial Position - The Group's profit attributable to owners for the reporting period was approximately RMB51.79 million, down from RMB69.50 million in the same period of 2023[24]. - The Group's total capital commitments amounted to approximately RMB85.66 million as of June 30, 2024, down from approximately RMB155.03 million as of December 31, 2023[45]. - The Group's total borrowings amounted to RMB 520,693,112 as of June 30, 2024, a decrease from RMB 533,000,000 as of December 31, 2023[148]. Governance and Compliance - The Audit Committee has reviewed the unaudited interim financial information and confirmed compliance with accounting policies and internal controls[54]. - The Board does not recommend the payment of an interim dividend for the year ending 31 December 2024 (2023: Nil) [61]. - The interim condensed consolidated financial statements were reviewed in accordance with International Accounting Standard 34, ensuring compliance with relevant provisions[83].

Financial Performance - The group's revenue for the six months ended June 30, 2024, was approximately RMB 640.75 million, a decrease of about 9.51% compared to RMB 708.08 million for the same period in 2023[1] - The group's gross profit for the reporting period was approximately RMB 165.16 million, an increase of about 0.65% from RMB 164.10 million for the six months ended June 30, 2023[1] - The group's net profit for the period was approximately RMB 51.79 million, a decrease of about 25.48% compared to RMB 69.50 million for the same period in 2023[1] - Basic and diluted earnings per share attributable to equity shareholders were approximately RMB 0.04, down from RMB 0.06 for the six months ended June 30, 2023[1] - For the six months ended June 30, 2024, the total external revenue was RMB 640,754,255, a decrease from RMB 708,078,203 for the same period in 2023, representing a decline of approximately 9.5%[12] - The gross profit for the total segments was RMB 165,162,160, with a notable impairment loss on property, plant, and equipment amounting to RMB 37,891,436[12] - The company reported a significant customer contributing over 10% of total revenue, generating RMB 523,944,975 for the six months ended June 30, 2024, compared to RMB 513,088,429 in the same period of 2023[15] - The company reported a net loss from foreign exchange of RMB (1,157,908) for the six months ended June 30, 2024, compared to a gain of RMB 3,171,946 for the same period in 2023[20] - Financial costs for the six months ended June 30, 2024, amounted to RMB (9,360,979), a decrease from RMB (12,639,553) in the prior year[20] - The company's income tax expense for the six months ended June 30, 2024, was RMB 12,365,862, down from RMB 16,405,588 in the same period of 2023[22] Assets and Liabilities - As of June 30, 2024, the group's debt-to-asset ratio was 33.5%, compared to 35.5% as of December 31, 2023[1] - The group reported a decrease in trade receivables to approximately RMB 534.41 million from RMB 543.92 million as of December 31, 2023[4] - The group's total assets less current liabilities increased to approximately RMB 1,859.63 million from RMB 1,804.72 million as of December 31, 2023[5] - The group's cash and cash equivalents decreased to approximately RMB 177.78 million from RMB 202.62 million as of December 31, 2023[4] - The company's total liabilities decreased from RMB 4,788,025 as of December 31, 2023, to RMB 4,281,483 as of June 30, 2024, indicating a reduction of approximately 10.6%[33] - Current assets decreased by approximately 7.43% to about RMB 789.52 million, while current liabilities decreased by approximately 16.21% to about RMB 559.91 million[58] Revenue Segmentation - The segment revenue for industrial gas supply was RMB 556,443,823, while the liquefied natural gas and gas transportation services segment generated RMB 83,712,633, and the technical support and management services segment contributed RMB 7,030,115[12] - The revenue from liquefied industrial gas supply was RMB 82,397,763, showing an increase from RMB 79,972,753 in the previous year[16] - The revenue from liquefied natural gas and gas transportation services decreased significantly from RMB 143,190,867 in 2023 to RMB 83,712,633 in 2024, reflecting a decline of approximately 41.5%[16] - The revenue from the supply of pipeline industrial gases was approximately RMB 462.32 million, down 2.57% from RMB 474.53 million in the previous year, primarily due to the complete shutdown of Tangshan Steel's original steelmaking subsidiary[50] Expenses and Investments - The company's research and development expenses were approximately RMB 29.77 million, down from RMB 36.64 million in the same period last year[2] - The total cost of acquiring property, plant, and equipment for the six months ended June 30, 2024, was RMB 69,835,731, an increase from RMB 60,677,571 in the prior year[30] - The company recognized an impairment provision of RMB 37,891,436 for certain assets for the six months ended June 30, 2024, compared to no impairment in the same period of 2023[30] - The company incurred a total expenditure of RMB 530,344,162 for the six months ended June 30, 2024, down from RMB 606,763,764 in the prior year[21] Corporate Governance and Future Outlook - The company has adopted good corporate governance principles and has complied with all applicable code provisions during the reporting period[71] - The audit committee has reviewed the unaudited interim consolidated financial information for the reporting period, confirming no changes in the expected audit opinion for the financial statements ending December 31, 2024[72] - The group anticipates continued growth in industrial gas consumption in China, particularly in the electronics, pharmaceuticals, and lithium battery sectors over the next five years[45] - The group plans to leverage its successful experience with outsourced gas supply to seek external development opportunities in response to market trends[46] - The group expects stable growth in business development supported by strong customer capacity expansion, particularly with ongoing projects at Tangshan Steel[47] Employee and Training Investments - The company has a total of 333 employees as of June 30, 2024, compared to 323 employees as of December 31, 2023, with total employee costs amounting to approximately RMB 286.2 million, up from RMB 259.9 million in the same period last year[69] - The company plans to continue investing in employee training and development to enhance corporate culture and retain high-skilled personnel[68]

Financial Performance - In 2023, the Group's revenue reached RMB 1,491,154,000, a slight increase of 0.7% from RMB 1,481,644,000 in 2022[74]. - Profit before income tax for the year was RMB 152,765,000, down 5.4% from RMB 161,018,000 in the previous year[74]. - Profit attributable to owners of the Company was RMB 128,076,000, an increase of 13.5% compared to RMB 112,743,000 in 2022[74]. - Total assets decreased to RMB 2,472,961,000 from RMB 2,606,676,000 in 2022, reflecting a decline of 5.1%[74]. - The Group's total liabilities decreased significantly to RMB 959,531,000 from RMB 1,220,843,000, a reduction of 21.4%[74]. - The Group's total equity increased to RMB 1,513,430,000, up 9.2% from RMB 1,385,833,000 in 2022[74]. - Gross profit for 2023 amounted to approximately RMB332.10 million, a decrease of approximately 2.85% from the previous year, primarily due to a decrease in selling prices of lean krypton xenon liquid oxygen[82]. - The Group's gross profit margin for 2023 was 22.27%, compared to 23.07% in 2022[153]. Sales and Revenue Breakdown - The total sales of the Group's pipeline industrial gas reached approximately 3,855 million Nm3 in 2023, an increase from approximately 3,622 million Nm3 in 2022, with revenue of approximately RMB998.62 million, up from RMB927.74 million[7]. - Sales of liquefied industrial gas totaled approximately 210,041 tons in 2023, compared to approximately 190,553 tons in 2022, generating revenue of approximately RMB165.70 million, down from RMB228.03 million[7]. - Revenue from LNG and gas transmission services was approximately RMB305.36 million in 2023, slightly up from RMB305.21 million in 2022[7]. - Revenue from the supply of pipeline industrial gas increased by approximately 7.64% to RMB998.62 million, compared to RMB927.74 million in 2022[120]. - Revenue from the supply of liquefied industrial gas decreased by approximately 27.33% to RMB165.70 million, down from RMB228.03 million in 2022[120]. - The supply of industrial gas (pipeline and liquefied) generated revenue of approximately RMB 1,203.62 million with a gross profit margin of 26.64%[153]. - The LNG and gas transmission service segment reported revenue of approximately RMB 305.36 million, with a gross profit margin of 3.29%[153]. Operational Efficiency and Capacity - The Group's operational efficiency is expected to improve through technological innovations such as automatic load variation and steam heating[36]. - The Group's new Tangshan Gas New Area plant has three air separation units with a total capacity of 140,000 Nm3/hr, significantly enhancing production capacity and technology levels[36]. - The construction of a 60,000Nm3/hr oxygen generating plant by TTG is expected to commence operations by the end of 2024[96]. - The second set of 60,000Nm3/hr oxygen generating plant commenced construction, enhancing the Group's production capacity[69]. - The construction of hydrogen production units is underway to support two cold-rolled production lines at HBIS Company Tangshan Branch[96]. Financial Management and Position - The Group's gearing ratio improved to approximately 36% as of December 31, 2023, down from 42% in the previous year[15]. - Total cash and bank balances decreased to approximately RMB202.62 million as of December 31, 2023, from approximately RMB360.74 million in 2022[15]. - The Group's net debt increased to approximately RMB335.17 million as of December 31, 2023, compared to approximately RMB225.05 million in 2022[15]. - The Group's cash flow generated from operations is expected to meet future cash flow needs, indicating effective liquidity management[106]. - The Group's current ratio improved to approximately 1.28 as of December 31, 2023, compared to approximately 1.15 as of December 31, 2022[126]. - The Group has no significant contingent liabilities as of December 31, 2023, maintaining a stable financial position[108]. Research and Development - The management is focusing on accelerating the research and development of high value-added products based on market trends and customer needs, aiming to enhance brand influence and competitiveness[42]. - The Group has accelerated research and development efforts, resulting in the establishment of 6 new technology projects and the acquisition of a first-class award for technological advancement in 2023[151]. - The Group plans to continue expanding its market share in electronic special gas products to enhance future development prospects[118]. Market Outlook and Strategy - The industrial gas market in China is expected to continue growing, driven by national policies and technological advancements[8]. - The Group aims to accelerate its strategic layout across China and increase new market development through technological innovation[72]. - The Group plans to leverage its technical advantages as an outsourced gas supplier to explore external development opportunities[96]. - The Group has agreed to settle disciplinary actions with the Stock Exchange, acknowledging breaches of the Listing Rules and accepting sanctions[29]. Human Resources - The Group employed 323 employees as of December 31, 2023, down from 341 employees in the previous year, with total staff costs of approximately RMB55.37 million compared to RMB58.38 million in 2022[108]. Compliance and Governance - The Company confirmed compliance with the disclosure requirements under Chapter 14A of the Listing Rules for the Reporting Period[176]. - The Audit Committee consists of one non-executive director and two independent non-executive directors, who reviewed the audited consolidated financial statements for the reporting period[175]. - The Company acknowledges the Auditor's qualified opinion regarding the write-offs of Loan Receivables and Note Investment[184][188].

1. 一般資料 本公司為一家投資控股公司。本公司及其附屬公司（統稱「本集團」）主要於中國從事工業氣 體的生產及供應。 (a) 合規聲明 (b) 計量基準 | --- | --- | --- | --- | --- | --- | |----------|-------------------------------|-----------------------------------------|----------------------------------------------|--------------|---------------| | | 供應工業氣體 \n（管道及液化） | 截至 2023 \n液化天然氣及 \n氣體輸送服務 | 年 12 月 31 日止年度 \n技術支援及 \n管理服務 | 對銷 | 本集團 | | | 人民幣元 | 人民幣元 | 人民幣元 | 人民幣元 | 人民幣元 | | 分部收益 | 1,203,621,320 | 305,356,594 | 2,917,278 | (20,741,204) | 1,491,153,988 | | 毛利 | 320,611,59 ...

Financial Performance - The Group's total revenue for the first half of 2023 was approximately RMB708.08 million, representing a year-on-year increase of 11.25% from RMB636.43 million in the same period of 2022[41]. - The gross profit for the Group in the first half of 2023 was approximately RMB164.10 million, with a gross profit margin of 23.18%, compared to RMB143.45 million and a margin of 22.54% in the same period of 2022[41]. - Operating profit increased to RMB98,546,648 from RMB74,653,780, representing a growth of 32.0%[161]. - Profit attributable to owners of the Company for the period was RMB69,501,507, compared to RMB41,630,615 in the previous year, marking a significant increase of 67.0%[161]. - Total comprehensive income for the period was RMB68,390,164, up from RMB36,667,290, indicating strong overall performance[161]. Trade Receivables and Impairment - As of June 30, 2023, the provision for impairment loss for trade receivables was approximately RMB13.79 million, an increase from RMB8.14 million as of December 31, 2022[15]. - Approximately 97% of trade receivables were payable by HBIS and HBIS Group as of June 30, 2023, consistent with the figure from December 31, 2022[15]. - The management believes that the inherent credit risk of the Group's unsettled trade receivables balance is insignificant due to a sound history of receivables[15]. - The Group has made an impairment provision for trade receivables in accordance with the principle of prudence[15]. - The Group's management evaluated forward-looking information and concluded that there is no significant increase in credit risk[15]. Liquidity and Financial Position - As of June 30, 2023, the total cash and bank balances were approximately RMB301.39 million, down from RMB360.74 million as of December 31, 2022[136]. - The Group's bank and other borrowings amounted to approximately RMB618.72 million as of June 30, 2023, compared to RMB585.79 million as of December 31, 2022[136]. - The gearing ratio was approximately 42.55% as of June 30, 2023, slightly up from 42.27% as of December 31, 2022[136]. - The Group aims to maintain an appropriate level of current assets to satisfy its liquidity needs, with expected cash flow from operations to meet future demands[31]. - The Group's liquidity risk is managed through regular monitoring of cash flow and bank positions, ensuring it can meet short-term and long-term liquidity needs[31]. Investments and Capital Commitments - As of June 30, 2023, the Group's total capital commitments amounted to approximately RMB129.05 million, compared to RMB126.13 million as of December 31, 2022, primarily for the purchase of property, plant, and equipment[38]. - The Group has utilized RMB246,950,000 of the IPO proceeds, representing approximately 83.0% of the total, with RMB50,553,000 remaining unutilized, which is about 17.0%[26]. - There were no significant investments, acquisitions, or disposals during the reporting period[37]. - The Group plans to actively develop noble gas and special gas products to enhance its market share in electronic special gas products[43]. Corporate Governance - The Company has complied with all applicable code provisions set out in the Corporate Governance Code throughout the Reporting Period[88]. - The Company is committed to maintaining high standards of corporate governance to safeguard the interests of shareholders[87]. - The Audit Committee has maintained thorough discussions with the Auditor regarding the Audit Qualifications and Review Qualifications, with no disagreements noted[79]. - The Company has adopted a code of conduct regarding directors' securities transactions that meets or exceeds the required standards[89]. Auditor's Opinion and Investigations - The Company acknowledged the qualified opinion issued by the Auditor regarding the write-off of three overdue loan receivables totaling RMB50,000,000, RMB53,522,000, and RMB14,478,000[59]. - The Auditor issued a qualified review conclusion on the Company's unaudited interim condensed consolidated financial statements for the six months ended 30 June 2023, affecting the comparability of figures with the previous year[70]. - The Independent Investigation was completed in March 2022, revealing key findings that impacted the financial statements preparation for the year ended December 31, 2020[185]. - The investigation included a review of internal control policies and procedures related to transactions, with interviews conducted with relevant personnel to assess the business rationale behind the transactions[183]. Future Outlook and Strategic Initiatives - The industrial gas industry in China is expected to grow steadily, driven by national policies and foreign investment, with a projected increase in industrial gas consumption over the next five years[43]. - The Group's future outlook includes potential expansions and investments in new technologies related to industrial gases[175]. - The Group is engaged in strategic initiatives to enhance its market presence and operational efficiency in the industrial gas sector[175]. Share Option Scheme - The Share Option Scheme was adopted on June 17, 2020, and is effective for a period of 10 years from December 29, 2020[115]. - The total number of shares that may be issued under the Share Option Scheme shall not exceed 10% of the shares in issue as at the Listing Date, which is capped at 120,000,000 shares[119]. - No options were granted under the Share Option Scheme since its adoption, and there were no outstanding share options as of June 30, 2022[126].

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所產生或因依賴該 等內容而引致的任何損失承擔任何責任。 CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. LTD. （「本公司」） （於開曼群島註冊成立的成員有限公司） （股份代號：1940） 截至2023年6月30日止六個月的中期業績公告 財務摘要 • 報告期的收益約為人民幣708.08百萬元，較截至2022年6月30日止六個月的 約人民幣636.43百萬元增加約11.26%。 • 報告期的毛利約為人民幣164.10百萬元，較截至2022年6月30日止六個月的 約人民幣143.45百萬元增加約14.40%。 • 報告期的純利約為人民幣69.50百萬元，較截至2022年6月30日止六個月的約 人民幣41.63百萬元增加約66.95%。 • 報告期內，本公司權益股東應佔每股股份基本及攤薄盈利分別約為人民幣 0.06元及人民幣0.06元，而截至2022年6月30日止六個月的每股股份基本及攤 薄盈利分別約為人民幣0.03元及人民幣 ...

Financial Performance - The total revenue of the Group for 2022 was approximately RMB 1,481.64 million, representing an increase of 22.5% compared to RMB 1,209.27 million in 2021[10]. - The gross profit for 2022 amounted to approximately RMB 341.85 million, a 37.8% increase from RMB 248.14 million in 2021, driven by enhanced facilities efficiency and reduced unit power consumption[10]. - The profit attributable to owners of the Company for 2022 was approximately RMB 112.74 million, a turnaround from a loss of approximately RMB 26.82 million in 2021[10]. - Profit before income tax for 2022 was RMB 161,018,000, a significant increase from RMB 14,118,000 in 2021[54]. - Other income decreased by approximately 91.0% to approximately RMB0.97 million in 2022, primarily due to lower government grants received compared to the previous year[44]. - The Group's total assets as of December 31, 2022, amounted to RMB 2,606,676,000, up from RMB 2,406,049,000 in 2021, indicating a growth of 8.3%[54]. - The Group's total liabilities increased to RMB 1,220,843,000 in 2022 from RMB 1,124,019,000 in 2021, reflecting a rise of 8.6%[54]. - The Group recorded total current assets of approximately RMB990.79 million as at 31 December 2022, representing an increase of approximately 22.27% compared to RMB810.32 million as at 31 December 2021[92]. - The total current liabilities of the Group as at 31 December 2022 were approximately RMB860.49 million, an increase of approximately 9.2% from RMB787.83 million as at 31 December 2021[92]. - The Group's current ratio was approximately 1.15 as at 31 December 2022, compared to approximately 1.03 as at 31 December 2021[92]. - The net finance costs of the Group decreased by approximately 7.2% to approximately RMB26.02 million for the Reporting Period, down from approximately RMB28.05 million in 2021[91]. - The income tax expense increased by approximately 17.9% to approximately RMB48.28 million for the Reporting Period, compared to approximately RMB40.93 million in 2021[91]. - The Group had total cash and bank balances of approximately RMB360.74 million as at 31 December 2022, an increase from approximately RMB297.55 million as at 31 December 2021[91]. - As at 31 December 2022, the Group's gearing ratio was approximately 42%, down from 48% as at 31 December 2021[91]. Business Development and Strategy - The Group's new facility in Tangshan has significantly improved production capacity and technology, contributing to profit growth[8]. - The successful development and market introduction of rare gas products (poor krypton-xenon) have filled market gaps in aerospace and high-end electronics, enhancing core competitiveness[8]. - The Group plans to deepen cooperation with HBIS Group Co., Ltd. to enhance market competitiveness and develop high value-added products[12]. - The strategic focus will be on accelerating market expansion and technological innovation to drive high-quality development across China[25]. - The Group's efforts in independent innovation and intellectual property management are aimed at supporting sustainable growth[24]. - The Group's business development is expected to grow steadily, supported by strong customer demand as production capacities expand[41]. - The Group plans to actively develop special gas products and expand its market share in electronic special gas products to enhance future growth prospects[63]. - The company is focused on enhancing its market cultivation and establishing a positive competition system to boost business development[176]. - The company has plans for market expansion and new product development, particularly in the industrial gas sector[176]. Research and Innovation - The Group has established eight new science and technology topics and applied for eight utility model patents and one invention patent in 2022[24]. - The Group has initiated 8 new technology projects in 2022 and received a third-class award for technological progress[50]. - The company is actively involved in the development of new technologies and products to maintain its competitive edge in the market[176]. Human Resources - The Group employed a total of 341 employees as of December 31, 2022, down from 369 employees as of December 31, 2021, with total staff costs of approximately RMB58.38 million for the year ended December 31, 2022, compared to approximately RMB54.04 million for the previous year[1]. - The Group plans to continue attracting and retaining highly skilled personnel and invest in employee training and professional development programs[1]. - The company continues to focus on training and technology sharing to enhance its operational capabilities[187]. Audit and Compliance - The audit committee confirmed that the audited consolidated financial statements for the year ended December 31, 2022, were prepared in accordance with applicable accounting standards[4]. - The Auditor issued a qualified opinion on the Group's consolidated financial statements for the year ended December 31, 2022, due to three overdue receivables totaling RMB117 million from loan agreements[4]. - The management is working closely with the Auditor to remove the audit qualification in future financial statements[4]. - The management acknowledged the audit qualifications and is considering writing off the outstanding balances of the Loans and the Note Investment for financial reporting purposes[4]. - The Group had no significant contingent liabilities as of December 31, 2022[1]. IPO Proceeds and Investments - The Company has utilized RMB246,950,000 of the IPO Proceeds, representing approximately 83.0% of the total[122]. - The unutilized IPO Proceeds amount to RMB50,553,000, which is approximately 17.0% of the total[122]. - The expected timeline for the use of unutilized IPO Proceeds has been extended to June 30, 2024[120]. - The Company plans to gradually utilize the IPO Proceeds according to the updated expected timeline disclosed in the prospectus[124]. - The first phase of the project includes payments for the procurement and installation of air separation units (ASUs) totaling RMB64,990,000 and RMB101,790,000 for the second ASU[124]. - The third ASU involves relocation and installation costs of RMB80,170,000[124]. - The fourth ASU procurement and installation is budgeted at RMB50,553,000, which is planned for use by June 30, 2024[124]. - The Company’s business remained generally stable in 2022 despite limited impacts from COVID-19 on major customers[121]. - The Board believes that the extension of the expected timeline for using the unutilized IPO Proceeds will not adversely affect the Company's operations[127]. - The Auditor's preliminary view indicates that the Comparative Figures Qualification is expected to be removed in the consolidated financial statements for the year ending December 31, 2024[138]. Leadership and Management - The company has a strong leadership team with extensive experience in the industrial gas industry, including Mr. Yao and Ms. Gao, who have held significant roles in operational management[182][184]. - Ms. Gao has over 27 years of experience in the industrial gas industry, having held various managerial positions within the company since joining in March 2007[184]. - Mr. Zhang Wenli appointed as non-executive Director on January 20, 2023, with over 30 years of accounting experience in the industrial sector[191]. - Mr. Lai Yui has more than 24 years of experience in investment banking and private equity, previously serving as a director of investment at Temasek Holdings[193]. - Ms. Ng Shuk Ming has over 14 years of experience in the private equity industry, responsible for executing and monitoring high-value investments[195]. - Mr. Siu Chi Hung has 25 years of accounting experience, previously a partner at KPMG and head of real estate and capital markets development in Southern China[196]. - The company has a strong board with diverse expertise in finance, investment, and management, enhancing strategic decision-making capabilities[198]. - Mr. Xiao has been the chairman of Secret Garden (Zhangjiakou) Resort since February 2014, overseeing comprehensive operation management and administration[199]. - Ms. Li has over 11 years of experience in global financial institutions, including roles at Deutsche Bank AG and Sun Hung Kai & Co. Limited[199]. - Ms. Li has been a member of the Listing Committee of the Stock Exchange since July 2019[200]. - Ms. Li was qualified as a certified public accountant in the State of New York in January 2002[200].

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所產生或因依賴該 等內容而引致的任何損失承擔任何責任。 CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. LTD. （「本公司」） （於開曼群島註冊成立的成員有限公司） （股份代號：1940） 截至2022年12月31日止年度 年度業績公告及 更新所得款項用途的預期時間表 財務摘要 • 報告期的收益約人民幣1,482百萬元，較截至2021年12月31日止年度約人民 幣1,209百萬元增加約22.5%。 • 報告期的毛利約人民幣342百萬元，較截至2021年12月31日止年度約人民幣 248百萬元增加約37.8%。 • 報告期的純利約人民幣113百萬元，較截至2021年12月31日止年度的淨虧損 約人民幣27百萬元，轉虧為盈。 • 報告期內，本公司權益股東應佔每股基本及攤薄盈利分別約人民幣0.09元及 人民幣0.09元，而截至2021年12月31日止年度本公司權益股東應佔每股基本 及攤薄虧損分別約人民幣0.02元及人民幣0.0 ...