Group 1 - The company CGII Holdings (01940) expects to achieve a net profit of no less than RMB 70 million for the six-month period ending June 30, 2025, compared to a net profit of approximately RMB 51.79 million for the six-month period ending June 30, 2024 [1] - The increase in net profit is primarily attributed to the absence of impairment losses on properties, plants, and equipment for the six-month period ending June 30, 2025, whereas there was an impairment loss of approximately RMB 37.89 million for the six-month period ending June 30, 2024 [1] - Additionally, the increase in credit loss provisions for trade receivables by approximately RMB 10 million for the six-month period ending June 30, 2025, partially offsets the profit increase [1]

Core Viewpoint - CGII Holdings (01940) expects to achieve a net profit of no less than RMB 70 million for the six months ending June 30, 2025, compared to a net profit of approximately RMB 51.79 million for the six months ending June 30, 2024, indicating a significant increase in profitability [1] Financial Performance - The increase in net profit is primarily attributed to the absence of impairment losses on properties, plants, and equipment for the six months ending June 30, 2025, whereas there was an impairment loss of approximately RMB 37.89 million for the six months ending June 30, 2024 [1] - Additionally, there is an increase in credit loss provisions for trade receivables of approximately RMB 10 million for the six months ending June 30, 2025, which offsets some of the profit increase [1]

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。 CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. LTD. 內幕消息 主席兼執行董事 正面盈利預告 宋長江 本公告乃由CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. LTD.（「本公 司」，連同其附屬公司，統稱「本集團」）根據香港聯合交易所有限公司（「聯交所」） 證券上市規則（「上市規則」）第13.09(2)(a)條及證券及期貨條例（香港法例第571章） 第XIVA部之內幕消息條文（定義見上市規則）而作出。 董事（「董事」）會（「董事會」）謹此通知本公司股東（「股東」）及潛在投資者，根據 對本集團未經審核綜合管理賬目所作之初步審閱及評估和目前可得資料，本集團 預計截至2025年6月30日止六個月期間將錄得純利不少於人民幣70.00百萬元，而截 至2024年6月30日止六個月期間則錄得純利約人民幣51.79百萬元。純利增加主要歸 因 ...

Group 1 - The company CGII HLDGS (01940.HK) announced that it will hold a board meeting on August 26, 2025 [1] - The meeting will review and approve the group's interim results for the six months ending June 30, 2025, and discuss the proposal for an interim dividend distribution, if any [1]

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 何部份內容所產生或因倚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. 主席兼執行董事 宋長江 唐山，2025年8月14日 於本公告日期，董事會成員包括(1)執行董事宋長江先生（主席）及孫昌煥先生；(2) 非執行董事張文利先生及伍淑明女士；及(3) 獨立非執行董事蕭志雄先生、肖煥偉 先生及李雋女士。 （於開曼群島註冊成立的成員有限公司） （股份代號：1940） 董事會召開日期 CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. LTD.（「本公司」）董事會 （「董事會」）茲通告謹定於2025年8月26日（星期二）舉行董事會會議，以（其中包括） 考慮及通過本公司及其附屬公司截至2025年6月30日止六個月的中期業績及其發佈， 及派付中期股息（如有）。 代表董事會 CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. ...

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: CHINA GAS INDUSTRY INVESTMENT HOLDINGS CO. LTD. 呈交日期: 2025年8月7日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01940 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 2,000,000,000 | USD | | 0.0001 USD | | 200,000 | | 增加 / 減少 (-) | | | | | | USD | | | | 本月底結存 | | | 2,000,000,000 | USD | | 0.0001 USD | | 200 ...

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].

Financial Performance - For the year ended December 31, 2024, the company's revenue was approximately RMB 1,313.61 million, a decrease of about 11.91% compared to RMB 1,491.15 million for the year ended December 31, 2023[2] - The gross profit for the reporting period was approximately RMB 315.25 million, down about 5.07% from RMB 332.10 million in the previous year[2] - The net profit for the reporting period was approximately RMB 130.05 million, an increase of about 1.54% compared to RMB 128.08 million for the year ended December 31, 2023[2] - The company's basic and diluted earnings per share for the reporting period were both approximately RMB 0.11, unchanged from the previous year[2] - The total revenue for the group for the year ending December 31, 2024, is RMB 1,313,611,769, a decrease of approximately 11.9% from RMB 1,491,153,988 in 2023[15] - The group reported a gross profit of RMB 315,246,834 for 2024, compared to RMB 332,102,942 in 2023, indicating a decrease of approximately 5.1%[15] - The group's revenue for the year ended December 31, 2024, decreased by 11.91% to approximately RMB 1,313.61 million from approximately RMB 1,491.15 million for the year ended December 31, 2023[43] Revenue Breakdown - Revenue from the supply of industrial gases decreased to RMB 961,497,921 in 2024 from RMB 998,622,439 in 2023, representing a decline of about 3.5%[19] - The supply of liquefied natural gas and gas transportation services generated revenue of RMB 213,195,599 in 2024, down 30.2% from RMB 305,356,594 in 2023[19] - Revenue from pipeline industrial gas supply was approximately RMB 961.50 million, a decrease of about 3.72% from RMB 998.62 million in 2023, attributed to the suspension of operations at the Tangshan high-strength plate gas plant[57] - Revenue from liquefied industrial gas supply was approximately RMB 113.16 million, down about 31.71% from RMB 165.70 million in 2023, mainly due to a decrease in liquid oxygen product prices[58] - Revenue from liquefied natural gas and gas transportation services was approximately RMB 213.20 million, a decrease of about 30.18% from RMB 305.36 million in 2023, primarily due to reduced demand from specific customers[58] - The technology support and management services segment achieved revenue of RMB 14.76 million with a gross profit margin of 63.00% for the year ended December 31, 2024[47] Expenses and Costs - Research and development expenses for the reporting period were approximately RMB 66.25 million, down from RMB 73.60 million in the previous year[3] - The net financial costs for 2024 were RMB 18,476,621, a decrease from RMB 21,715,449 in 2023, showing a reduction of about 15.3%[25] - The group's net financial costs for the reporting period were approximately RMB 18.48 million, a decrease of about 14.92% from RMB 21.72 million in 2023, due to lower interest expenses[64] - The total employee cost for the year ended December 31, 2024, was approximately RMB 52.64 million, a decrease from RMB 55.37 million in 2023, with a total of 324 employees[79] Assets and Liabilities - As of December 31, 2024, the company's debt-to-equity ratio was 28.2%, a decrease from 35.5% as of December 31, 2023[2] - The total assets less current liabilities amounted to RMB 1,896.47 million as of December 31, 2024, compared to RMB 1,804.72 million in the previous year[4] - The company's non-current liabilities decreased to RMB 252.57 million from RMB 291.29 million in the previous year[5] - The total equity attributable to the owners of the company increased to RMB 1,643.90 million from RMB 1,513.43 million in the previous year[5] - The group's total current assets as of December 31, 2024, were approximately RMB 839.31 million, a decrease of about 1.59% from RMB 852.86 million in 2023[67] - The current ratio as of December 31, 2024, was approximately 1.54, compared to 1.28 in 2023, indicating improved liquidity[67] Taxation - The income tax expense for 2024 was RMB 29,406,635, an increase of 19.5% from RMB 24,688,546 in 2023[27] - The current tax for China was RMB 20,042,126 in 2024, compared to RMB 10,866,235 in 2023, reflecting a significant increase[27] - The deferred tax expense decreased from RMB 13,822,311 in 2023 to RMB 9,364,509 in 2024[27] Dividends - The company did not recommend the payment of a final dividend for the reporting period, consistent with the previous year[2] - The board of directors did not recommend the payment of a final dividend for the reporting period, maintaining a prudent approach[68] Future Outlook - China's GDP growth for 2024 is projected at approximately 5.0%, with challenges anticipated in the steel industry due to high raw material prices and declining steel prices[48] - The steel industry is expected to face significant challenges in 2024, impacting profitability and potentially leading to reduced production and demand for industrial gases[50] - The industrial gas market in China is expected to continue growing, driven by national policy support, foreign investment, and the development of high-tech industries[51] - The outsourcing gas supply model is gaining market share, with expectations that it will gradually replace self-built gas supply models in the future[52] - The company aims to leverage its successful experience and technical advantages in outsourcing gas supply to seek external development opportunities[53] Other Information - The group has no significant contingent liabilities as of December 31, 2024[78] - The group has no foreign currency or interest rate hedging policies in place but regularly monitors foreign exchange risks[75] - The group aims to maintain an appropriate level of current assets and committed funding to meet its liquidity needs[70] - The group has not made any significant investments, acquisitions, or disposals of subsidiaries or associates during the reporting period[76] - The annual general meeting will be held on June 20, 2025[87] - The deadline for submitting transfer documents for shareholder registration is June 16, 2025[89] - The company will suspend share transfer registration from June 17 to June 20, 2025[89] - The annual performance announcement will be published on the Hong Kong Stock Exchange and the company's website in late April 2025[90] - The annual report for the year ending December 31, 2024, will be sent to shareholders in late April 2025[90]

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]