Financial Performance - For the year ended December 31, 2024, the Group's revenue was approximately RMB566,475,000, a slight decrease of 0.72% compared to RMB570,572,000 in 2023[15]. - The Group's gross profit increased by approximately RMB23,916,000 or 10.3%, reaching RMB257,299,000 for the year[15]. - The net profit for the year was approximately RMB30,015,000, compared to RMB24,874,000 in the prior year, with profit attributable to owners of the Company at RMB30,030,000[16]. - Basic and diluted earnings per share were RMB4.17 cents, an increase from RMB4.11 cents in 2023[16]. - The Board has resolved not to declare a final dividend for the year[17]. Business Segments - The Faux Leather Chemicals Business remained stable due to increased sales and marketing efforts, while the Chinese Liquor Business continued to grow, contributing significantly to revenue[22]. - The revenue from the Faux Leather Chemicals Business was approximately RMB262,495,000, remaining stable compared to the previous year[33]. - The gross profit margin for the Faux Leather Chemicals Business was approximately 21.2%, slightly up from 21.1% in the prior year[34]. - Revenue from the Chinese Liquor Business decreased by approximately RMB4,060,000 or 1.31%, totaling approximately RMB303,980,000 for the year[44]. - The gross profit for the Chinese Liquor Business was approximately RMB201,598,000, an increase from RMB177,894,000 in the previous year[44]. - The segment profit for the Chinese Liquor Business was approximately RMB29,669,000, up from RMB23,407,000 in the prior year[44]. Market Outlook and Strategy - The Chinese economy is expected to rebound in 2024, with GDP growth projected at 5-6%, supported by government stimulus and increased domestic consumption[21]. - The company plans to shift focus from the Faux Leather Chemicals Business to the growing Chinese liquor market due to evolving consumer preferences[27]. - The company aims to enhance brand position in the Chinese liquor industry through strategic partnerships with e-commerce platforms[27]. - The Chinese liquor market is seen as a significant growth opportunity, with a focus on product development and market research[29]. Financial Position and Capital Management - As of December 31, 2024, the Group's current assets were approximately RMB 557,411,000, an increase from RMB 548,637,000 as of December 31, 2023[58]. - The current liabilities increased to approximately RMB 155,653,000 from RMB 95,582,000 as of December 31, 2023[58]. - The current ratio decreased from approximately 5.74 times as of December 31, 2023, to approximately 3.58 times as of December 31, 2024[58]. - Bank borrowings increased to approximately RMB 64,500,000 from RMB 25,000,000 in the previous year[59]. - The Group's capital expenditure was approximately RMB 127,301,000, representing an increase of RMB 112,318,000 compared to RMB 14,983,000 in the prior year[61]. - The gearing ratio as of December 31, 2024, was recorded at 1.01%, compared to a net cash position in the previous year[60]. Share Capital and Rights Issue - The company issued 432,000,000 rights shares at a subscription price of HK$0.67 per share, raising approximately HK$289,440,000[73]. - The net proceeds from the rights issue, after deducting estimated expenses, were approximately HK$286.55 million, representing a net price of approximately HK$0.663 per rights share[74]. - Following the share consolidation effective on May 30, 2023, the authorized share capital increased from US$1,000,000 to US$5,000,000, divided into 2,000,000,000 consolidated shares[71]. - The number of shares in issue became 720,000,000 of par value US$0.0025 each after the completion of the rights issue on July 28, 2023[78]. Governance and Management - The company has appointed independent non-executive directors with diverse backgrounds in finance, engineering, and alcohol-related technology, enhancing its governance structure[121]. - The company is focused on expanding its market presence through strategic appointments and leveraging the expertise of its directors[124]. - The company aims to enhance its product quality and management through the expertise of its independent directors in their respective fields[126]. - The company is committed to maintaining high standards in corporate governance and risk management through its experienced board members[125]. Risks and Compliance - The Group's principal business activities include the manufacturing and sales of faux leather chemicals and Chinese liquor, with significant risks related to product quality and production security[134]. - Financial risks faced by the Group include interest rate and exchange rate risks, equity price risk, credit risk, and liquidity risk[135]. - The Group has maintained compliance with applicable laws and regulations in the PRC, with no incidents of material non-compliance reported[145]. - The Group's environmental policies focus on sustainability and societal development, as detailed in the Environmental, Social, and Governance Report[144]. Employee and Community Engagement - The group had a total of 217 employees as of December 31, 2024, an increase from 208 in 2023, and offers competitive remuneration packages[101][105]. - Charitable donations made by the Group during the Reporting Period totaled approximately RMB411,000, down from RMB515,000 in the previous year[163]. Investments and Transactions - The group did not have any significant investments as no single investment accounted for 5% or more of the total assets as of December 31, 2024[88][92]. - The fair value loss for listed securities in Hong Kong for the year ended December 31, 2024, was RMB1,018,000, with an unrealized fair value loss of RMB969,000[94]. - The company agreed to sell 25% of the issued share capital of Darkblue Investment Ltd. for a consideration of RMB20,840,000, payable in cash installments[106].

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，概不對因本公告全部或任何部分內容 而產生或因依賴該等內容而引致之任何損失承擔任何責任。 DIWANG INDUSTRIAL HOLDINGS LIMITED 帝 王 實 業 控 股 有 限 公 司 （ 於 開 曼 群 島 註 冊 成 立 的 有 限 公 司 ） （股份代號：1950） 截至2024年12月31日止年度之全年業績公告 財務摘要 截至2024年12月31日止年度（「本年度」或「報告期」），本集團的收入較截至2023年12月31 日止年度（「上一年度」）輕微減少約人民幣4,097,000元或0.72%，為約人民幣566,475,000 元（2023年：人民幣570,572,000元）。 於本年度，本集團的毛利較上一年度增加約人民幣23,916,000元或10.3%，為約人民幣 257,299,000元（2023年：人民幣233,383,000元）。 於本年度，本集團錄得淨利潤約人民幣30,015,000元，而上一年度為淨利潤約人民幣 24,874,000元。本公司擁有人應佔年度利 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of $150 million for the first half of 2024, representing a 25% growth compared to the same period last year[1]. - The Group's revenue for the six months ended June 30, 2024, was approximately RMB291,829,000, representing an increase of approximately RMB40,300,000 or 16.0% compared to the prior period[13]. - The gross profit for the same period was approximately RMB139,662,000, reflecting an increase of approximately RMB27,795,000 or 24.8% compared to the prior period[13]. - The net profit for the period decreased to approximately RMB20,530,000, a decline of approximately RMB18,923,000 or 48.0% compared to the prior period, primarily due to increased selling and distribution expenses[14]. - The revenue from the Chinese Liquor Business was approximately RMB170,795,000 for the period, an increase from RMB139,510,000 in the previous year, representing a growth of about 22.5%[31]. - The gross profit for the Chinese Liquor Business was approximately RMB116,111,000, up from RMB87,727,000, indicating a growth of approximately 32.4%[31]. - The company reported a profit for the period of RMB20,537,000 for the six months ended June 30, 2024, compared to a profit of RMB28,866,000 for the same period in 2023, reflecting a decline of approximately 28.9%[152]. - The total comprehensive income for the period ended June 30, 2024, was RMB20,334,000, compared to RMB28,282,000 for the same period in 2023, showing a decrease of about 28.2%[152]. Market Expansion and Strategy - The company provided an optimistic outlook, projecting a revenue growth of 20% for the second half of 2024, driven by new product launches and market expansion efforts[1]. - The company is planning to expand its market presence in Southeast Asia, targeting a 10% market share by the end of 2025[1]. - A strategic acquisition of a local competitor is expected to be finalized by Q4 2024, which will enhance the company's product offerings and market reach[1]. - The Group has repositioned its Chinese liquor products under the new brands "Dihuangchi" and "Dilongchi" to enhance market competitiveness[36]. - A strategic cooperation agreement was signed with Renhuai Qingjiangshan Wine for a 10-year plan to boost the research, production, and sales of its products[36]. Research and Development - Investment in research and development increased by 15%, focusing on innovative technologies and new product lines to enhance competitive advantage[1]. - Research and development expenses for the period were RMB4,142,000, slightly down from RMB4,304,000 in 2023[199]. Financial Position and Assets - The Group's current assets as of June 30, 2024, were approximately RMB562,164,000, compared to RMB548,637,000 at the end of 2023, showing a slight increase[38]. - Total assets as of June 30, 2024, were RMB785,290,000, compared to RMB737,591,000 as of December 31, 2023, reflecting an increase of 6.46%[144]. - The company’s non-current assets were valued at RMB223,126,000 as of June 30, 2024, compared to RMB188,954,000 as of December 31, 2023, indicating a growth of about 18.0%[148]. - The company’s inventories increased to RMB171,979,000 as of June 30, 2024, from RMB108,312,000 as of December 31, 2023, reflecting a significant rise of approximately 58.7%[148]. Liabilities and Financial Management - The current ratio decreased from approximately 5.74 times at the end of 2023 to approximately 4.57 times as of June 30, 2024[38]. - Bank borrowings increased to approximately RMB45,000,000 from RMB25,000,000, with all borrowings carrying a variable rate[38]. - Current liabilities increased to RMB123,022,000 from RMB95,582,000, an increase of 28.73%[144]. - The Group's total segment liabilities increased to RMB112,614,000 as of June 30, 2024, from RMB85,440,000 as of December 31, 2023[181]. Corporate Governance - The Company has adopted the Corporate Governance Code and is committed to establishing good corporate governance practices[97]. - The company emphasizes the importance of effective internal controls and fair disclosure to all shareholders[99]. - The audit committee reviewed the interim financial report and discussed significant accounting principles and internal control matters[133]. - The company has maintained strict compliance with the Corporate Governance Code since its listing, with minor deviations noted[99]. Shareholder Information - The board of directors has approved a dividend payout of $0.05 per share, reflecting confidence in the company's financial health and future prospects[1]. - The Company did not recommend the payment of any interim dividend for the period[45]. - The weighted average number of ordinary shares in issue during the period was 720,000,000, up from 473,143,000 in 2023, an increase of 52.2%[200]. Cash Flow and Financing Activities - Net cash generated from operating activities for the six months ended June 30, 2024, was RMB8,390,000, compared to a net cash used of RMB22,161,000 in the same period of 2023[156]. - Net cash used in investing activities amounted to RMB40,777,000 for the six months ended June 30, 2024, an increase from RMB14,834,000 in the prior year[156]. - Net cash generated from financing activities was RMB27,484,000, up from RMB14,723,000 in the same period of 2023[156]. Employee and Social Responsibility - The Group had approximately 215 employees as of June 30, 2024, offering competitive remuneration packages and potential year-end discretionary bonuses[85]. - The Group believes it maintains a good working relationship with its employees, participating in various employee social security plans[89].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等 內容而引致的任何損失承擔任何責任。 DIWANG INDUSTRIAL HOLDINGS LIMITED 帝王實業控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1950） 截至2024年6月30日止六個月之中期業績公告 帝王實業控股有限公司（「 本公司 」，連 同 其 附 屬 公 司，「 本集團 」）董 事（「 董 事 」） 會（「 董事會 」）欣 然 宣 佈 本 集 團 截 至2024年6月30日 止 六 個 月 之 未 經 審 核 業 績。 本公告載有本公司截至2024年6月30日止六個月之中期報告（「2024年中期公告 」） 全 文，符 合 香 港 聯 合 交 易 所 有 限 公 司（「 聯交所 」）證 券 上 市 規 則（「 上市規則 」）有 關 中 期 業 績 初 步 公 告 附 載 資 料 之 相 關 規 定。2024年中期報告將在聯交所網站 www.hkexnews.hk及本公司網站www.http://www. ...

Financial Performance - For the year ended December 31, 2023, the Group's revenue was approximately RMB570,572,000, an increase of 13.8% compared to RMB501,437,000 in 2022[17]. - The gross profit for the year was approximately RMB233,383,000, representing a 20.5% increase from RMB193,698,000 in the prior year[17]. - The Group recorded a net profit of approximately RMB24,874,000, down from RMB39,618,000 in the previous year, with profit attributable to owners of the Company at approximately RMB19,451,000[18]. - Basic and diluted earnings per share were RMB4.11 cents, a decrease from RMB9.14 cents in 2022[18]. - The Company has decided not to declare a final dividend for the year[20]. Business Segments - The Faux Leather Chemicals Business maintained stable revenue, while the Chinese Liquor Business experienced sharp growth due to increased demand for baijiu products[24]. - Revenue from the Faux Leather Chemicals Business was approximately RMB262,546,000, remaining stable compared to RMB260,245,000 in the prior year, with a gross profit margin increase from approximately 15.7% to 21.1% due to decreased raw material costs[36][37][41]. - The Chinese Liquor Business generated revenue of approximately RMB308,026,000, an increase of approximately RMB66,834,000 or 27.7% from RMB241,192,000 in the prior year, with a gross profit of approximately RMB177,894,000[48][51]. - The segment profit for the Faux Leather Chemicals Business was approximately RMB21,505,000, compared to RMB11,679,000 in the prior year[38][41]. - The Chinese Liquor Business segment profit decreased to approximately RMB23,407,000 from RMB82,813,000 in the previous year[48][51]. Strategic Initiatives - The Company has implemented measures to strengthen management, invest in R&D, and develop high-tech products to address market challenges[25]. - The company plans to enhance competitiveness and market share by strengthening customer relationships, developing new customers, and expanding product offerings and geographical coverage[30][32]. - The company has increased R&D investment and focused on developing high-tech and high-value-added products to improve internal skills and efficiency[27]. - The company aims to explore business opportunities in the food and beverage sector in China through its Chinese Liquor Business, which began operations in 2022[39][42]. - The company will continue to promote its Chinese baijiu products through advertising and hosting tasting events to expand sales channels[48][51]. Financial Position - As of December 31, 2023, the Group's current assets were approximately RMB 548,637,000, an increase from RMB 307,921,000 as of December 31, 2022, while current liabilities remained stable at approximately RMB 95,582,000[64]. - The current ratio improved significantly from approximately 3.22 times as of December 31, 2022, to approximately 5.74 times as of December 31, 2023[64]. - Bank borrowings increased to approximately RMB 25,000,000 as of December 31, 2023, up from RMB 10,000,000 as of December 31, 2022, with RMB 10,000,000 at a fixed rate and RMB 15,000,000 at a variable rate[65]. - The Group's capital expenditure for the year was approximately RMB 14,983,000, a decrease of RMB 12,610,000 compared to RMB 27,593,000 in the prior year[69]. - Capital commitments not provided for in the consolidated financial statements as of December 31, 2023, amounted to RMB 1,614,000, up from RMB 1,044,000 as of December 31, 2022[70]. Market Outlook - The geopolitical tensions and economic uncertainties are expected to continue impacting the global economy in 2024[23]. - The Group's long-term economic outlook remains optimistic, with expectations of improved consumption and investment in China in 2024[56]. Corporate Governance - The management team includes experienced professionals with backgrounds in finance, banking, and corporate governance, enhancing the Group's strategic capabilities[132][134]. - The board of directors includes members with extensive backgrounds in finance, investment, and business development, enhancing strategic decision-making capabilities[143]. - The Company Secretary, Mr. Wong Ka Sing, has extensive experience in accounting, auditing, and corporate finance, enhancing the Group's governance[151]. Employee Relations - The Group's employee count increased to 208 as of December 31, 2023, from 200 in 2022, with competitive remuneration packages offered[116]. - The Group participates in various employee social security plans, including housing, pension, medical, maternity, and unemployment insurance, in compliance with PRC laws[120]. - The Group maintains a good working relationship with its employees, providing competitive compensation and potential year-end discretionary bonuses[120]. Risk Management - The Group is exploring measures to manage foreign exchange risks, as its sales and purchases are mainly denominated in RMB, while retaining some foreign currency funds[115]. - Financial risks include interest rate, exchange rate, equity price, credit, and liquidity risks, with management objectives detailed in the financial statements[157]. - The Group has complied with all applicable laws and regulations in the PRC, with no incidents of material non-compliance reported[165]. Investments and Acquisitions - On October 9, 2023, the Group agreed to acquire properties for a consideration of RMB 30,000,000, which was completed on February 7, 2024[123]. - The acquisition of properties constitutes a connected transaction under Chapter 14A of the Listing Rules, as the vendor is associated with an executive director of the Company[123]. Charitable Contributions - Charitable donations made by the Group during the Reporting Period amounted to approximately RMB 515,000, an increase from RMB 418,000 in the previous year[184].

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，概不對因本公告全部或任何部分內容而產生或因依賴該 等內容而引致之任何損失承擔任何責任。 DIWANG INDUSTRIAL HOLDINGS LIMITED 帝王實業控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：1950） 截至2023年12月31日止年度之全年業績公告 財務摘要 截至2023年12月31日止年度（「本年度」或「報告期」），本集團的收入較截至2022年12月31日止 年度（「上一年度」）增加約人民幣69,135,000元或13.8%，為約人民幣570,572,000元（2022年：人 民幣501,437,000元）。 於 本 年 度，本 集 團 的 毛 利 較 上 一 年 度 增 加 約 人 民 幣39,685,000元 或20.5%，為約人民幣 233,383,000元（2022年：人民幣193,698,000元）。 於本年度，本集團錄得淨利潤約人民幣24,874,000元，而上一年度為淨利潤約人民幣39,618,000 元。本公司擁有人應佔年度利潤約為人民 ...

Financial Performance - For the six months ended June 30, 2023, the Group's revenue was approximately RMB251,529,000, an increase of 25.9% compared to RMB199,737,000 in the prior period[15]. - The gross profit for the same period was approximately RMB111,867,000, representing a significant increase of 96.1% from RMB57,054,000 in the prior period[15]. - The net profit for the period was approximately RMB39,453,000, a remarkable increase of 492.8% compared to RMB6,655,000 in the prior period, primarily driven by the Chinese liquor business[16]. - Basic and diluted earnings per share were RMB10.02 cents, up from RMB0.11 cents in the prior period[17]. - Total comprehensive income for the period attributable to owners of the Company was RMB28,282,000, up from RMB1,850,000 in 2022[144]. - The Group's profit before tax for the six months ended June 30, 2023, was RMB51,961,000, showing an increase from RMB14,527,000 for the same period in 2022[170]. Revenue Breakdown - Revenue from the Chinese liquor business was approximately RMB139,510,000, up from RMB66,711,000, representing a growth of approximately 109.1%[33]. - Revenue from the Faux Leather Chemicals Business decreased by approximately RMB21,007,000 or 15.8% to RMB112,019,000 due to destocking and sluggish market demand[22]. - Revenue from sales of faux leather chemicals decreased to RMB112,019,000, down 15.8% from RMB133,026,000 in 2022, while sales of Chinese baijiu increased significantly to RMB139,510,000, up 108.5% from RMB66,711,000[187]. - The Group's revenue from the PRC was RMB248,377,000, an increase of 25.9% compared to RMB197,289,000 in 2022, while overseas revenue rose to RMB3,152,000 from RMB2,448,000[184]. Profitability and Margins - Gross profit for the Chinese liquor business was approximately RMB87,727,000, an increase from RMB38,621,000, reflecting a significant improvement in profitability[33]. - The gross profit margin for the Faux Leather Chemicals Business increased from approximately 13.9% to 21.5% due to a decrease in raw material costs[23]. - The segment profit for Chinese liquor products increased significantly, contributing RMB44,500,000 to the overall segment profit[170]. Expenses and Costs - Selling and distribution expenses for the Chinese liquor business accounted for approximately 29.7% of segment revenue, up from 11.5% in the previous year[33]. - Selling and distribution expenses for the Faux Leather Chemicals Business were approximately RMB5,691,000, accounting for 5.1% of segment revenue, up from 3.1% in the prior period[24]. - The total cost of inventories recognized as an expense was RMB139,662,000, slightly down from RMB142,683,000 in 2022[200]. - Research and development expenses for the period were RMB4,304,000, down from RMB5,519,000 in the previous year, indicating a reduction in investment in R&D[200]. Assets and Liabilities - Current assets as of June 30, 2023, were approximately RMB357,049,000, an increase from RMB307,921,000 as of December 31, 2022[43]. - The total assets of the Group as of June 30, 2023, amounted to RMB500,396,000, an increase from RMB446,378,000 as of December 31, 2022[179]. - The liabilities of the Group as of June 30, 2023, totaled RMB111,144,000, compared to RMB95,995,000 as of December 31, 2022[179]. Capital and Financing - Bank borrowings increased to approximately RMB25,000,000 as of June 30, 2023, from RMB10,000,000 as of December 31, 2022[44]. - The Company reported a net gain on financial assets at fair value through profit or loss of RMB2,819,000, compared to a loss of RMB18,254,000 in the previous period[144]. - The net cash generated from financing activities was RMB14,723,000 for the six months ended June 30, 2023, compared to RMB11,401,000 for the same period in 2022, showing an increase of approximately 29.5%[152]. Share Capital and Dividends - The board did not recommend the payment of any interim dividend for the period[42]. - A proposed rights issue was announced on March 5, 2023, to raise approximately HK$289.44 million by issuing 432,000,000 Rights Shares at a subscription price of HK$0.67 per share[63]. - Following the completion of the rights issue on July 28, 2023, the number of shares in issue became 720,000,000[69]. Corporate Governance and Management - The Company has adopted the Corporate Governance Code and is committed to good corporate governance practices to enhance transparency and accountability to shareholders[103]. - Since May 25, 2022, the Company has not had a Chairman following the resignation of Ms. Liu Jing, and the Board will announce a replacement once appointed[103]. - The Audit Committee reviewed the interim financial report and discussed significant accounting principles and internal control matters[132]. Employee and Social Responsibility - As of June 30, 2023, the group had approximately 220 employees, offering competitive remuneration packages[94]. - The Group participates in various employee social security plans mandated by PRC laws, including housing, pension, medical, maternity, and unemployment insurance[101].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或 完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何部分內容而產生或因依賴該等 內容而引致的任何損失承擔任何責任。 DIWANG INDUSTRIAL HOLDINGS LIMITED 帝 王 實 業 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） 1950 （股份代號： ） 2023 6 30 截至 年 月 日止六個月之中期業績公告 帝 王 實 業 控 股 有 限 公 司（「 本 公 司 」，連 同 其 附 屬 公 司，「 本 集 團 」）董 事（「 董 事 」） 2023 6 30 會（「 董 事 會 」）欣 然 宣 佈 本 集 團 截 至 年 月 日 止 六 個 月 之 未 經 審 核 業 績。 2023 6 30 2023 本 公 告 載 有 本 公 司 截 至 年 月 日 止 六 個 月 之 中 期 報 告（「 年 中 期 公 告 」） 全 文，符 合 香 港 聯 合 交 易 所 有 限 公 司（「 聯 交 所 」）證 券 上 市 規 則（「 上 市 規 則 」）有 2023 關 中 期 業 績 初 ...

Financial Performance - For the year ended December 31, 2022, the Group's revenue was approximately RMB 501,437,000, representing an increase of approximately RMB 267,492,000 or 114.3% compared to the prior year[15]. - The gross profit for the year was approximately RMB 193,698,000, an increase of approximately RMB 154,823,000 or 398.3% compared to the prior year[15]. - The Group recorded a net profit of approximately RMB 39,618,000, compared to a net loss of approximately RMB 2,600,000 for the prior year[16]. - Profit attributable to owners of the Company was approximately RMB 21,851,000, a significant turnaround from a loss in the prior year[16]. - Basic and diluted earnings per share were RMB 1.70 cents, compared to a loss per share of RMB 0.23 cents in the prior year[16]. - The Board has resolved not to declare a final dividend for the year[17]. Business Segments - Revenue from the Faux Leather Chemicals Business increased by approximately RMB 26,300,000 or 11.2%, from approximately RMB 233,945,000 to approximately RMB 260,245,000 for the Year[36]. - The gross profit margin for the Faux Leather Chemicals Business decreased from approximately 16.6% to approximately 15.7% due to rising raw material prices[37]. - The segment profit for the Faux Leather Chemicals Business was approximately RMB 11,679,000, a decrease from RMB 12,249,000 in the previous year[41]. - The Chinese Liquor Business generated segment revenue of approximately RMB 241,192,000, with a gross profit of approximately RMB 152,938,000[47]. - Selling and distribution expenses for the Chinese Liquor Business accounted for approximately 28.06% of the segment revenue[47]. - The revenue from the liquor business for the year was approximately RMB 241,192,000, with a gross profit of about RMB 152,938,000[49]. - The segment profit for the liquor business was approximately RMB 82,813,000, with sales and distribution expenses accounting for about 28.06% of the segment revenue[49]. Market Conditions - The year 2022 faced significant global uncertainty due to the COVID-19 pandemic and geopolitical tensions, which are expected to continue impacting the global economy in 2023[22]. - The ongoing national epidemic negatively impacted local economies and business operations[25]. - The fluctuation in industry development significantly impacted the group's business performance during the reporting period[145]. Strategic Initiatives - The Company launched a Chinese liquor business in the second quarter to diversify income sources[25]. - The Company plans to enhance competitiveness and market share by strengthening customer relationships and expanding product offerings[29]. - The Group plans to diversify product and market segmentation for the Chinese liquor business, including launching large advertising campaigns and setting up ancient-Chinese-style bistros[54]. - The Group aims to improve production efficiency and product competitiveness through further investment in automation systems and research and development[54]. Financial Position - As of December 31, 2022, the Group's current assets were approximately RMB 307,921,000, an increase from RMB 194,073,000 as of December 31, 2021[61]. - The current liabilities as of December 31, 2022, were approximately RMB 95,585,000, compared to RMB 43,048,000 as of December 31, 2021[61]. - The current ratio decreased from approximately 4.51 times as of December 31, 2021, to approximately 3.22 times as of December 31, 2022[61]. - Capital expenditure for the year was approximately RMB 27,593,000, a decrease of RMB 7,701,000 compared to RMB 35,294,000 in the prior year[64]. - The Group's capital commitments not provided for in the financial statements as of December 31, 2022, were RMB 1,044,000, down from RMB 7,213,000 in the previous year[70]. Shareholder Information - The number of issued ordinary shares increased to 1,440,000,000 shares as of December 31, 2022, from 1,200,000,000 shares as of December 31, 2021[66]. - The Company proposed a rights issue to raise up to approximately HK$289,440,000 by issuing up to 432,000,000 Rights Shares at a subscription price of HK$0.67 per Rights Share[98]. - The company plans to implement a share consolidation, merging every five shares into one, increasing the nominal value from USD 0.0005 to USD 0.0025 per share[100]. - The authorized share capital will be increased from USD 1,000,000 to USD 5,000,000, allowing for a total of 10 billion shares post-consolidation[100]. Management and Governance - The company has maintained a competitive compensation structure for its 200 employees as of December 31, 2022, up from 180 in 2021[99]. - The company has a diverse board with expertise in finance, law, and business management, enhancing its strategic decision-making capabilities[130]. - The management team for the Chinese Liquor Business includes experienced professionals in sales, market management, and alcohol-related research[124]. - Each executive director did not receive a director's fee for the year ended 2022[192]. - Independent non-executive directors are entitled to an annual director's fee of HK$120,000[191]. Risk Management - The company has a strong focus on risk management to address both business and financial risks[151]. - Financial risks include interest rate, exchange rate, equity price, credit, and liquidity risks, with management policies detailed in note 5 of the consolidated financial statements[146]. - The Group's internal control and risk management policies are in place to monitor ongoing compliance with relevant laws and regulations[155]. Compliance and Social Responsibility - The Group has complied with all applicable laws and regulations in the PRC, with no incidents of material non-compliance reported[155]. - The Group's environmental policies emphasize sustainability and societal development, as detailed in the Environmental, Social and Governance Report[154]. - Charitable donations made by the Group during the Reporting Period were approximately RMB 418,000, a decrease from RMB 1,025,000 in the previous year[175].

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，概不對因本公告全部或任何部分內容而產生或因依賴該 等內容而引致之任何損失承擔任何責任。 DIWANG INDUSTRIAL HOLDINGS LIMITED 帝 王 實 業 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） 1950 （股份代號： ） 2022 12 31 截至 年 月 日止年度之全年業績公告 財務摘要 截至2022年12月31日止年度，收益約為人民幣501,437,000元（2021年：約人民幣233,945,000 元），較上年同期增加114.3%。 截至2022年12月31日止年度，毛利約為人民幣193,698,000元（2021年：約人民幣38,875,000 元），較上年同期增加398.3%。 截至2022年12月31日止年度，本公司擁有人應佔年內溢利為約人民幣21,851,000元，而本集團 於上一年度錄得本公司擁有人應佔年內虧損約人民幣2,600,000元。 截至2022年12月31日止年度，本公司每股基本盈利為人民幣1.70分（2021年：每股基本虧 ...