Financial Performance - The Group's overall sales from continuing operations increased by 9.2% from RMB264.5 million for the year ended 31 December 2023 to RMB288.8 million for the Reporting Period[20]. - Gross profit margin improved significantly from 6.3% for the year ended 31 December 2023 to 15.5% for the Reporting Period[20]. - The Group recorded a net profit of approximately RMB6.6 million for the Reporting Period, compared to a net loss of approximately RMB31.5 million for the corresponding period in 2023[20]. - Gross profit for the reporting period was approximately RMB44.8 million, representing an increase of approximately 214.8% compared to RMB14.2 million for the year ended December 31, 2023[39]. - Total revenue for the Reporting Period was approximately RMB44.8 million, a 214.8% increase from RMB14.2 million in 2023, with a gross profit margin of 15.5% (2023: 5.4%)[41]. - Other income for the Group decreased to approximately RMB5.9 million for the Reporting Period (2023: approximately RMB8.5 million), primarily from government grants and bank interest income[46][50]. - Selling and distribution expenses increased by approximately 47.4% to approximately RMB3.5 million for the Reporting Period (2023: approximately RMB2.4 million), mainly due to increased transportation costs[48][52]. - Administrative expenses amounted to approximately RMB32.8 million for the Reporting Period (2023: approximately RMB31.7 million), representing a decrease of approximately 7.9% due to the disposal of the financial technology business[53][58]. - Income tax expense for the Reporting Period was approximately RMB3.5 million (2023: approximately RMB0.2 million), primarily due to increased profit before tax[57][62]. Business Strategy and Operations - The Group is focusing on diversifying its customer base and product offerings to broaden revenue sources and mitigate business risks[21]. - The Group actively adjusted order allocation between its Chongqing and Shenzhen factories to increase capacity utilization[20]. - The Group's strategy includes strict cost control measures at every stage of the production process[20]. - The Group aims to maintain a cautious approach towards spending and expansion to reduce financial risks[25]. - The Group plans to actively enrich or expand its customer base and product portfolio to broaden revenue sources and diversify business risks[24]. - The Group will continue to invest in developing in-house capabilities and stay updated with the latest technology advancements in the EMS business[25]. Financial Technology Business - The financial technology business recorded a loss of RMB12.3 million for the year ended 31 December 2023, leading to the decision to dispose of the business for RMB1.0[15]. - The Group has ceased its engagement in the financial technology business following the disposal of the related assets[15]. - The Group's entry into the financial technology sector through the acquisition of 60% of Shanghai Regan Financial Information was slower than expected due to intense competition[14]. Management and Governance - The Group has been expanding its management team with experienced professionals in the electronic products sector[101][103][107]. - The company has a focus on enhancing operational efficiency and strategic planning to drive business growth[98][101]. - The company emphasizes the importance of high corporate governance standards to enhance performance, transparency, and accountability[130]. - The company has adopted and complied with the Corporate Governance Code during the Reporting Period, with a noted deviation regarding the roles of chairman and chief executive officer being held by the same individual, Mr. Li[130]. - The Board consists of three independent non-executive Directors, providing independent perspectives to the decision-making process[131]. - The company has a structured approach to corporate governance, focusing on internal control and adequate disclosure[130]. - The company will continue to review and monitor its practices to comply with the Corporate Governance Code[131]. - The company has a commitment to earning the trust of shareholders and the public through sound governance practices[130]. Board and Committees - The Company has established three committees: Audit Committee, Remuneration Committee, and Nomination Committee, each with defined terms of reference[168]. - The Audit Committee comprises three independent non-executive Directors, ensuring oversight of financial reporting and risk management[171]. - The Nomination Committee was established to make recommendations on the appointment of Directors and manage Board succession[184]. - The Remuneration Committee held two meetings during the Reporting Period to review and recommend remuneration policies for Directors and senior management for the years ended December 31, 2023, and December 31, 2024[179]. - The Nomination Committee will monitor the implementation of the Nomination Policy and report to the Board annually[195]. Employee and Financial Health - The Group's total remuneration for employees was approximately RMB64.8 million during the reporting period, down from approximately RMB85.7 million in 2023, with a reduction in the number of employees from 771 to 489[83]. - Net current assets increased to approximately RMB173.9 million as at 31 December 2024 (2023: approximately RMB139.9 million), with the current ratio rising from approximately 3.6 to 4.3[65]. - The Group's bank borrowings decreased to approximately RMB3.3 million as of December 31, 2024, down from RMB3.8 million in 2023, with secured assets valued at approximately RMB8.3 million[71]. - The gearing ratio improved to approximately 3.6% as of December 31, 2024, compared to 4.4% in 2023, reflecting a decrease in total borrowings and lease liabilities by approximately RMB2.1 million[72]. - Capital expenditure for the reporting period was approximately RMB19.9 million, a decrease from approximately RMB21.4 million in 2023, primarily for office equipment and plant improvements[75].

Financial Performance - For the fiscal year ending December 31, 2024, the company reported revenue of RMB 288,825,000, an increase of 9.0% compared to RMB 264,457,000 in 2023[3] - Gross profit for the same period was RMB 44,774,000, resulting in a gross margin of 15.5%, up from 6.3% in the previous year[3] - The net profit from continuing operations was RMB 6,551,000, a significant recovery from a loss of RMB 19,249,000 in 2023[3] - The company reported a loss from discontinued operations of RMB 12,250,000 in 2023, which was eliminated in the current fiscal year[4] - Earnings per share from continuing and discontinued operations was RMB 0.64, compared to a loss of RMB 9.54 in the previous year[4] - The company reported a net profit of RMB 6,551,000 for the year ended December 31, 2024, compared to a loss of RMB 31,499,000 in 2023, indicating a significant turnaround in performance[5] - Total comprehensive income for the year was RMB 5,803,000, a recovery from a comprehensive loss of RMB 33,141,000 in the previous year[6] - The company reported a significant increase in trade receivables, which rose to RMB 104,018,000 in 2024 from RMB 92,783,000 in 2023, reflecting growth in sales[7] - The group’s total sales from continuing operations increased by 9.2% from RMB 264.5 million to RMB 288.8 million during the reporting period[63] - Gross profit margin improved significantly from 6.3% to 15.5%, resulting in a net profit of approximately RMB 6.6 million compared to a net loss of RMB 31.5 million in the same period last year[63] Revenue Sources - Revenue from continuous operations in China for 2024 reached RMB 288,661,000, an increase of 9.4% from RMB 264,299,000 in 2023[20] - Revenue from the sale of PCBA and electronic components amounted to RMB 100,889,000 in 2024, with no revenue reported in 2023[23] - Revenue from telecommunications devices increased by 12.6% to approximately RMB 158.5 million, driven by increased orders from major customers[66] - Revenue from automotive-related devices rose by approximately RMB 13.2 million to about RMB 72.0 million, attributed to customer satisfaction with technology and quality[67] - Revenue from IoT products decreased by 23.6% to approximately RMB 47.7 million due to declining market demand in a sluggish macroeconomic environment[67] Expenses and Cost Management - The company achieved a reduction in sales and distribution expenses to RMB 3,484,000 from RMB 2,363,000, indicating improved cost management[4] - Administrative and other operating expenses increased slightly to RMB 32,838,000 from RMB 31,714,000, reflecting ongoing investments in operations[4] - Selling and distribution expenses increased by approximately 47.4% to about RMB 3.5 million, attributed to higher transportation costs due to capacity utilization adjustments[74] - Administrative and other expenses decreased by approximately 7.9% to about RMB 32.8 million, mainly due to the sale of financial technology business in the second half of 2023[75] - Employee costs, including director remuneration, decreased from RMB 85,742 million in 2023 to RMB 64,825 million in 2024, a decline of about 24.4%[29] Assets and Liabilities - The company's non-current assets decreased to RMB 115,152,000 in 2024 from RMB 147,506,000 in 2023, primarily due to a reduction in property, plant, and equipment[7] - Current assets increased to RMB 227,094,000 in 2024, up from RMB 193,308,000 in 2023, driven by higher trade receivables[7] - The company's cash and cash equivalents rose to RMB 73,719,000 in 2024, compared to RMB 60,696,000 in 2023, reflecting improved liquidity[7] - Non-current liabilities decreased to RMB 12,167,000 in 2024 from RMB 13,955,000 in 2023, indicating a reduction in financial obligations[8] - The total equity attributable to the company's owners increased to RMB 263,389,000 in 2024 from RMB 262,541,000 in 2023, showing stability in shareholder value[8] Strategic Focus and Future Outlook - The company plans to focus on market expansion and new product development to drive future growth[2] - The financial outlook for 2025 suggests continued revenue growth, with strategic initiatives aimed at enhancing operational efficiency and market presence[2] - The group plans to actively expand its customer base and product portfolio to diversify revenue sources and mitigate business risks[64] - The group will continue to invest in developing internal capabilities to keep pace with the latest industry technology developments[64] - The group aims to maintain a cautious approach towards expenditures and expansion to reduce financial risks[64] Corporate Governance and Compliance - The company has adopted and complied with the corporate governance code as per the listing rules, with a focus on internal controls and adequate disclosures[95] - The audit committee, established on September 20, 2019, consists of three independent non-executive directors and has reviewed the audited financial results for the year ending December 31, 2024[96] - The financial figures in the preliminary announcement have been confirmed by the auditors, ensuring accuracy in the reported financial statements[99] - The annual performance announcement will be published on the Hong Kong Stock Exchange website and the company's website[100] - The annual report for the year ending December 31, 2024, will be sent to shareholders in due course[100]

CONFIDENCE INTELLIGENCE HOLDINGS LIMITED CONFIDENCE INTELLIGENCE HOLDINGS LIMITED 信懇智能控股有限公司 信懇智能控股有限公司 (Stock Code 股份代號： | 於開曼群島註冊成立之有限公司） 1967) (Incorporated in the Cayman Islands with limited liability 2024 INTERIM REPORT CONTENTS 目錄 Corporate Information 公司資料 2 Business Review and Prospects 業務回顧及前景 5 Management Discussion and Analysis 管理層討論及分析 7 獨立核數師審閱報告 15 Independent Auditor's Review Report Condensed Consolidated Statement of Prot or Loss 簡明綜合損益表 17 Condensed Consolidated Statement of Prot or Loss an ...

Financial Performance - Revenue for the six months ended June 30, 2024, was RMB 154,984 thousand, an increase of 13.2% compared to RMB 136,903 thousand for the same period in 2023[2] - Gross profit for the same period was RMB 31,828 thousand, representing a gross margin of 20.5%, up from 11.0% in the previous year[2] - Profit attributable to equity holders for the six months ended June 30, 2024, was RMB 8,955 thousand, a significant increase from RMB 620 thousand in the prior year[2] - Basic and diluted earnings per share from continuing operations was RMB 3.58, compared to RMB 0.25 for the same period in 2023[4] - Total comprehensive income for the six months ended June 30, 2024, was RMB 15,309 thousand, compared to a loss of RMB 23,918 thousand in the previous year[6] - The company has shown a strong recovery from the previous year's losses, indicating positive operational improvements and strategic adjustments[5] Assets and Liabilities - Non-current assets as of June 30, 2024, amounted to RMB 140,083 thousand, down from RMB 147,506 thousand as of December 31, 2023[7] - Current assets increased to RMB 231,733 thousand as of June 30, 2024, compared to RMB 193,308 thousand at the end of 2023[7] - Trade payables increased to RMB 24,314 thousand from RMB 14,876 thousand in the previous period[7] - The company reported a net cash position of RMB 53,451 thousand as of June 30, 2024, down from RMB 60,696 thousand at the end of 2023[7] - As of June 30, 2024, the total net assets of the company increased to RMB 286,404,000 from RMB 273,495,000 as of December 31, 2023, representing a growth of approximately 4.4%[8] - The total equity attributable to owners of the company increased to RMB 273,831,000 from RMB 262,541,000, reflecting a growth of approximately 4.3%[8] - Non-current liabilities, including lease liabilities, deferred government grants, and deferred tax liabilities, totaled RMB 14,022,000, slightly up from RMB 13,955,000[8] Segment Information - The company has identified only one reportable operating segment, which is the provision of electronic manufacturing services, following the sale of its financial application platform subsidiary on August 21, 2023[15] - The financial application platform and maintenance services segment has been classified as discontinued operations, with no further analysis provided for this segment[18] - The company has not disclosed further segment information for the six months ending June 30, 2024, due to the sale of the financial application platform segment[15] Revenue Sources - For the six months ended June 30, 2023, the total revenue from the electronic manufacturing services segment was RMB 136,903,000, while the financial application platform segment generated RMB 1,344,000, leading to a combined revenue of RMB 138,247,000[19] - Major customers contributed over 10% of total revenue, with Customer A generating RMB 61,767,000 and Customer B contributing RMB 28,855,000 for the six months ended June 30, 2024[20] - The top five customers accounted for approximately 58.5% of the total revenue for the six months ending June 30, 2024, down from 77.2% for the same period in 2023[21] Expenses and Costs - The cost of raw materials and consumables increased to RMB 56,007,000, up from RMB 46,073,000, representing a 21.0% increase year-over-year[31] - The total sales cost, sales and distribution expenses, administrative and other operating expenses, and impairment losses amounted to RMB 142,454,000, compared to RMB 139,048,000 in the previous year, reflecting a 2.9% increase[31] - The total administrative and other operating expenses were RMB 105,160,000, compared to RMB 96,317,000, reflecting a 9.5% increase year-over-year[31] - The company’s employee costs, including director remuneration, totaled RMB 30,046,000 for the six months ended June 30, 2024, down from RMB 42,474,000 in the same period of 2023[30] Accounting and Reporting - The company has adopted new and revised Hong Kong Financial Reporting Standards effective from January 1, 2024, which may impact future financial reporting[12] - The company continues to assess the implications of new accounting standards that will take effect in the coming years, including those related to financial instruments and revenue recognition[14] - The company has not adopted any new accounting standards that would have a significant impact on its financial position or performance during the reporting period[12] Corporate Governance and Practices - The company has adopted corporate governance practices in line with the listing rules, although it deviates from the requirement that the roles of the chairman and CEO should be separate[86] - The company has established a share option plan to recognize and incentivize contributions from eligible participants[87] - The company has maintained a sufficient public float of at least 25% of the total issued shares during the interim period[93] Miscellaneous - The company did not declare or pay any dividends for the six months ended June 30, 2024[42] - The company has not engaged in any significant acquisitions, disposals, or major investments during the interim period[83] - The audit committee, established on September 20, 2019, has reviewed the interim results for the six months ending June 30, 2024[92]

ANNUAL REPORT 2023 年報 CONTENTS 目錄 Corporate Information 2 公司資料 Chairman’s Statement 5 主席報告 Management Discussion and Analysis 8 管理層討論及分析 Biographical Details of Directors and Senior Management 17 董事及高級管理層的履歷詳情 Corporate Governance Report 25 企業管治報告 Environmental, Social and Governance Report 45 環境、社會及管治報告 Report of Directors 89 董事會報告 Independent Auditor’s Report 104 獨立核數師報告 Consolidated Statement of Profit or Loss 118 綜合損益表 ...

Financial Performance - For the year ended December 31, 2023, the total revenue was RMB 264,457,000, representing an increase from RMB 260,514,000 in 2022, which is a growth of approximately 1.5%[3] - The gross profit for the same period was RMB 16,744,000, down from RMB 28,125,000 in 2022, resulting in a gross margin of 6.3%, compared to 10.8% in the previous year[3] - The net loss from continuing operations for the year was RMB 19,249,000, compared to a loss of RMB 9,254,000 in 2022, indicating a significant increase in losses[3] - The loss per share attributable to owners of the company from continuing and discontinued operations was RMB (9.54) for 2023, compared to RMB (3.63) in 2022[3] - The company reported a loss from discontinued operations of RMB 12,250,000 in 2023, contrasting with a profit of RMB 2,177,000 in 2022[3] - Total comprehensive loss for the year was RMB 31,499,000, compared to a loss of RMB 7,077,000 in the previous year, reflecting a worsening financial position[3] - The company reported a net loss of RMB 19,249,000 for the year, compared to a loss of RMB 9,254,000 in the previous year, indicating a significant increase in losses[9] - Total comprehensive loss for the year amounted to RMB 20,891,000, a substantial increase from RMB 123,000 in the prior year[9] - The company reported a net loss for the year of RMB 31,499 thousand in 2023, compared to a net loss of RMB 7,077 thousand in 2022, marking a significant deterioration in financial performance[24] - The company reported a loss before tax of RMB 27,074 thousand for the year ended December 31, 2023, compared to a loss of RMB 7,566 thousand in 2022, indicating a significant increase in losses[24] Revenue Sources - Major customers contributed approximately 84% of total revenue in 2023, up from 82% in 2022, highlighting a growing reliance on key clients[28] - Customer A generated revenue of RMB 55,586 thousand in 2023, down from RMB 72,179 thousand in 2022, reflecting a decline of about 23%[27] - Revenue from the Chinese market accounted for RMB 265,415 thousand in 2023, up from RMB 263,177 thousand in 2022, showing a slight growth in domestic sales[35] - Revenue from electronic manufacturing services for the year 2023 was RMB 264,457,000, a slight increase from RMB 260,514,000 in 2022, representing a growth of approximately 0.55%[38] - Total revenue recognized for the year ended December 31, 2023, amounted to RMB 265,573,000, compared to RMB 263,248,000 in 2022, indicating a year-over-year increase of about 0.88%[38] - Revenue from PCBA used in telecommunications devices increased by approximately 6.9% to RMB 140.7 million, accounting for 53.1% of total revenue[111] - Revenue from PCBA used in IoT products decreased by approximately 30.1% to RMB 62.5 million, representing 23.5% of total revenue[112] - Revenue from PCBA used in automotive-related devices surged by approximately 87.1% to RMB 58.8 million, contributing 22.1% to total revenue[111] Expenses and Costs - The company incurred administrative and other operating expenses of RMB 31,714,000, down from RMB 37,292,000 in 2022, indicating cost control efforts[5] - The cost of materials and consumables used in 2023 was RMB 103,461,000, an increase from RMB 91,901,000 in 2022, representing a growth of about 12.5%[44] - The company incurred financial costs of RMB 772,000 in 2023, down from RMB 1,203,000 in 2022, indicating a reduction of approximately 35.8%[43] - Employee costs, including directors' remuneration, increased to RMB 85,742,000 in 2023 from RMB 74,872,000 in 2022, reflecting a rise of about 14.5%[43] - The cost of sales was RMB 31,698,000, a decrease from RMB 33,529,000 in 2022, representing a reduction of approximately 5.5%[46] - Administrative and other expenses from continuing and discontinued operations were approximately RMB 31.7 million and RMB 3.9 million, respectively, a decrease of about 10.1% compared to the previous year[124] Asset Management - The company's non-current assets decreased from RMB 183,435,000 to RMB 147,506,000, reflecting a decline of approximately 19.6%[11] - Current assets decreased from RMB 227,985,000 to RMB 193,308,000, representing a decline of about 15.2%[11] - Cash and cash equivalents dropped significantly from RMB 111,502,000 to RMB 60,696,000, a decrease of approximately 45.6%[11] - The company’s total liabilities decreased from RMB 83,731,000 to RMB 53,364,000, indicating a reduction of about 36.3%[11] - The company’s total assets less current liabilities decreased from RMB 327,689,000 to RMB 287,450,000, a decline of approximately 12.3%[11] - The company’s non-controlling interests decreased from RMB 18,248 thousand in 2022 to RMB 10,954 thousand in 2023, a decline of approximately 40.0%[12] - The total assets for the continuing operations as of December 31, 2023, were RMB 340,814 thousand, a decrease from RMB 388,073 thousand in 2022[30] - The total value of property, plant, and equipment at the end of 2023 was RMB 129,102,000, down from RMB 145,741,000 at the end of 2022, reflecting a decrease of 11.5%[67] Impairments and Losses - The financial assets and contract assets impairment loss was RMB 7,535,000, significantly higher than RMB 290,000 in the previous year, indicating increased risk in asset management[5] - The company incurred impairment losses on financial assets and contract assets amounting to RMB 7,535 thousand in 2023, compared to RMB 288 thousand in 2022, indicating a substantial increase in asset impairments[30] - The company reported an impairment loss on intangible assets of RMB (14,671,000) in 2023, with no such loss reported in 2022[63] - The group recorded a net loss of approximately RMB 31.5 million in the reporting period, compared to a loss of about RMB 7.1 million in the same period of 2022[130] Strategic Decisions - The company is focusing on improving operational efficiency and exploring new market opportunities to enhance future performance[2] - The group plans to adjust its product mix to enhance profitability due to a decline in gross margin[108] - The group has decided to exit the financial application platform and maintenance services business, selling it for RMB 1.0[106] - The company completed the sale of its subsidiary for a price of RMB 1.0 on August 21, 2023, marking a strategic exit from the financial application platform and maintenance services segment[59] Governance and Compliance - The company has adopted corporate governance standards to enhance performance, transparency, and accountability, ensuring compliance with legal and business standards[148] - The audit committee, established on September 20, 2019, is responsible for reviewing financial statements and monitoring internal control procedures[150] - The company confirmed that all directors adhered to the standards of conduct for securities trading during the reporting period[151] - The company will suspend share transfer registration from May 22, 2024, to May 27, 2024, for the upcoming annual general meeting[153] - The annual performance announcement will be published on the Hong Kong Stock Exchange website and the company's website by December 31, 2023[156]

Revenue Performance - The Group's revenue increased by approximately 8.8% from approximately RMB127.1 million for the six months ended June 30, 2022, to approximately RMB138.2 million for the Interim Period[15]. - Revenue for the six months ended June 30, 2023, was RMB 138,247,000, an increase of 8.5% compared to RMB 127,083,000 for the same period in 2022[108]. - Revenue from PCBAs for telecommunication devices increased by approximately 10.3% to RMB76.1 million, up from RMB69.0 million in the prior year[31]. - Revenue from PCBAs for IoT products decreased by approximately 18.2% to RMB34.3 million, down from RMB41.9 million in the prior year[32]. - Revenue from PCBAs for automotive related devices surged by approximately 95.1% to RMB23.8 million, compared to RMB12.2 million in the same period last year[33]. - The Group recorded revenue from Financial Application Platform and Platform Maintenance Services of approximately RMB1.3 million during the Interim Period, compared to nil in the prior year[37]. - Revenue from Electronic Manufacturing Services (EMS) was RMB 136,903,000, up from RMB 127,083,000 in the previous year, reflecting a growth of 7.0%[193]. - The total revenue from platform maintenance services was RMB 133,000, which was newly introduced in the current reporting period[193]. Financial Losses - The Group's net loss increased from RMB2.9 million for the six months ended June 30, 2022, to RMB22.6 million in the Interim Period, primarily due to the financial technology business[15]. - Loss for the period was approximately RMB22.6 million, compared to a loss of approximately RMB2.9 million for the same period in 2022[60]. - The total comprehensive loss for the period was RMB 23,918,000, compared to a total comprehensive loss of RMB 1,246,000 in the previous year[111]. - The Group reported an impairment loss on intangible assets of RMB 14,671,000 during the six months ended June 30, 2023[184]. - The Group's total loss for the period was RMB 22,640,000, highlighting ongoing financial challenges[176]. Competition and Market Conditions - The Group is facing intense competition in the fintech and insurance-related market, which has slowed the development of its financial technology business[13]. - The economic recovery in China has been slower than expected, affecting consumer spending and overall market conditions[14]. - The Group's financial technology business development has been slower than anticipated due to external uncertainties and competition[13]. Strategic Focus and Investments - The Group plans to maintain cautious spending and expansion strategies to reduce financial risk amid a complex international environment and sluggish global economic growth[21]. - The Group will continue to focus on the development of electronic manufacturing services (EMS) and invest in in-house capabilities to secure more business opportunities[21]. - The Group aims to diversify its customer base and product offerings to broaden revenue sources and mitigate business risks[21]. - Following the sale of the target company, the Group will continue to focus on developing its EMS capabilities and invest in internal capabilities to align with the latest industry technology developments[24]. Financial Position and Assets - Net current assets were approximately RMB142.6 million as at 30 June 2023, with a current ratio increase from approximately 2.7 to 3.0[66]. - The gearing ratio was approximately 6.1% as of June 30, 2023, compared to 5.8% as of December 31, 2022, indicating a low level of bank and other borrowings[68][73]. - As of June 30, 2023, the Group's current assets net value was approximately RMB 142.6 million, with a current ratio increasing from approximately 2.7 to 3.0[71]. - The Group's bank borrowings were approximately RMB 5.3 million as of June 30, 2023, down from RMB 8.0 million as of December 31, 2022[72]. - As of June 30, 2023, total assets amounted to RMB 214,310,000, a decrease of 5.99% from RMB 227,985,000 as of December 31, 2022[113]. Expenses and Costs - Gross profit for the Interim Period was approximately RMB13.0 million, a decrease of 7.3% from RMB14.0 million in the corresponding period in 2022[39]. - Overall gross profit margin decreased from 11.0% in the prior year to 9.4% for the Interim Period[40]. - Administrative expenses increased to approximately RMB19.3 million, mainly due to increased operating costs for the Financial Application Platform and Platform Maintenance Services segment[55]. - Selling and distribution expenses slightly decreased to RMB 1,301,000 from RMB 1,343,000 year-over-year[108]. - Finance costs decreased to RMB 410,000 from RMB 585,000 year-over-year, reflecting a reduction of 30%[108]. Cash Flow and Financing Activities - For the six months ended June 30, 2023, the net cash used in operating activities was RMB (28,201,000), a significant decrease compared to RMB 47,293,000 generated in the same period of 2022[132]. - The company reported a net decrease in cash and cash equivalents of RMB 36,879,000 for the period, contrasting with a net increase of RMB 40,279,000 in the prior year[139]. - The payment of principal elements of lease liabilities decreased to RMB 1,916,000 from RMB 2,876,000, showing a reduction of 33.5%[139]. - The company paid dividends of RMB 3,600,000 to non-controlling shareholders during the period, which was not applicable in the previous year[139]. Regulatory and Compliance Matters - The company adopted new/revised HKFRSs effective from January 1, 2023, which may impact future financial reporting[157]. - The interim financial information is unaudited but has been reviewed by the audit committee, ensuring a level of oversight for the reported figures[147]. - The adoption of new/revised HKFRSs in the current period has no material impact on the Group's financial position and performance for the current and prior periods[159]. Segment Information - The Group's operating segments include the provision of EMS and Financial Application Platform and Platform Maintenance Services[168]. - Segment revenue for the six months ended June 30, 2023, was RMB 138,247,000, with a loss before tax of RMB 17,549,000[176]. - Major customers contributed a total revenue of RMB 121,859,000, accounting for approximately 77.2% of the Group's total revenue for the same period[181]. - The five largest customers accounted for a significant portion of revenue, indicating a reliance on key clients for financial performance[181].

香港交易及結算所有限公司以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，並明確表示概不會就本公告全 部或任何部分內容而產生或倚賴該等內容而引致之任何損失承擔任何責任。 CONFIDENCE INTELLIGENCE HOLDINGS LIMITED 信 懇 智 能 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1967） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 之 未 經 審 核 中 期 業 績 公 告 信懇智能控股有限公司（「本公司」）董事（「董事」）會（「董事會」）公佈本公司及其 附屬公司（統稱「本集團」）截至二零二三年六月三十日止六個月（「中期期間」）的 未經審核中期業績及截至二零二二年六月三十日止六個月的比較數字。 財務摘要 未經審核 截至六月三十日止六個月 二零二三年 二零二二年 收益（人民幣千元） 138,247 127,083 毛利（人民幣千元） 13,007 14,035 毛利率(%) 9.4 11.0 本公司權益持有人應佔期內虧損（人民幣千元） (14,002) (3,885) 本公司權益持有人應佔每股虧損 ...

Financial Performance - The Group's revenue decreased by approximately 25.6% from RMB 353.9 million in 2021 to RMB 263.2 million in 2022 due to economic slowdown in China[17]. - The Group recorded a net loss of approximately RMB 7.1 million for the Reporting Period, compared to a profit of approximately RMB 10.1 million in the corresponding period in 2021[17]. - The Group's total revenue for the year ended December 31, 2022, was approximately RMB263.2 million, a decrease of 25.6% from RMB353.9 million in 2021[30]. - Gross profit for the Reporting Period was approximately RMB29.4 million, a decrease of approximately 45.6% from RMB54.0 million in 2021, with a gross profit margin decline from 15.3% to 11.2%[40]. - Other income for the Group was approximately RMB7.0 million for the Reporting Period (2021: approximately RMB6.4 million), mainly from government grants and bank interest income[48]. - Selling and distribution expenses decreased by approximately 11.0% to approximately RMB3.0 million for the Reporting Period (2021: approximately RMB3.4 million), maintaining a stable expense ratio of approximately 1.0% against revenue[50]. - Administrative expenses amounted to approximately RMB39.6 million for the Reporting Period (2021: approximately RMB42.3 million), representing a decrease of approximately 6.4% due to reduced bonuses[57]. - The Group recorded a net loss of approximately RMB7.1 million for the Reporting Period compared to a net profit of approximately RMB10.1 million for the year ended 31 December 2021[66]. Business Strategy and Expansion - The Group commenced a financial technology business by acquiring a third-party company's registered capital, focusing on financial-related application platforms and maintenance services[15]. - The Group plans to actively expand its new financial technology business to sustain future growth[21]. - The Group aims to diversify its customer base and product offerings to broaden revenue sources and mitigate business risks[20]. - The Group will continue to invest in in-house capabilities and keep abreast of technological advancements in the EMS industry[21]. - The Group will adopt a cautious approach to spending and expansion to reduce financial risks[22]. - The Group aims to enrich its customer base and product portfolio to broaden revenue sources and mitigate business risks amid macroeconomic challenges[24]. - The Group plans to actively expand its fintech business to maintain future growth and will invest in internal capabilities to align with industry technological developments[25]. Revenue Breakdown - Revenue from PCBAs for telecommunication devices decreased by approximately 28.3% to RMB131.6 million, primarily due to weak demand in the smartphone market[32]. - Revenue from PCBAs for IoT products fell by approximately 37.1% to RMB89.4 million, mainly due to reduced orders from a major customer affected by COVID-19 lockdowns in Shanghai[33]. - Revenue from PCBAs for automotive related devices increased by approximately 240.8% to RMB31.4 million, driven by increased orders as production technology matured[34]. - The revenue from other PCBAs decreased from approximately RMB18.9 million to RMB8.0 million, attributed to reduced orders from industrial use device customers due to economic slowdown[35]. Management and Governance - The Group has a strong management team with diverse backgrounds in electronic engineering, manufacturing, and finance, enhancing operational efficiency[116][118][123]. - The company aims to expand its market presence and enhance product offerings through strategic management and operational oversight[116][123]. - The management team is committed to maintaining high standards in quality control and production management across its subsidiaries[124][125]. - The company emphasizes the importance of financial oversight and strategic planning in achieving its long-term goals[118]. - The company has a diverse board with expertise in finance, logistics, technology, and accounting, enhancing its strategic decision-making capabilities[136][139]. - The independent directors play a crucial role in providing unbiased advice and oversight, ensuring corporate governance standards are met[136][139]. - The company is committed to enhancing its operational management through the expertise of its directors in their respective fields[133][139]. Corporate Governance - The company has adopted the Corporate Governance Code and complied with its provisions during the reporting period, except for the deviation regarding the roles of chairman and chief executive officer being held by the same individual, Mr. Li[155]. - The Board consists of five executive Directors, one non-executive Director, and three independent non-executive Directors, with independent Directors representing not less than one third of the Board[169]. - The company emphasizes the importance of high corporate governance standards to enhance performance, transparency, and accountability[154]. - The Board is responsible for corporate governance duties and has reviewed the effectiveness of the corporate governance policy during the reporting period[159]. - The company has implemented the Model Code for Directors' securities transactions, with all Directors confirming compliance during the reporting period[158]. - The independent non-executive Directors bring strong independent views and judgment to the Board's decision-making process[161]. - The Board's structure is designed to ensure independence and objectivity, providing checks and balances to safeguard shareholder interests[170]. Financial Position - The Group had net current assets of approximately RMB144.3 million as at 31 December 2022 (2021: approximately RMB130.5 million), with a stable current ratio of approximately 2.7[68]. - Bank borrowings amounted to approximately RMB8.0 million as at 31 December 2022 (2021: approximately RMB12.6 million), secured by bank deposits and property, plant, and equipment[69]. - As of December 31, 2022, the gearing ratio was approximately 5.8%, down from 8.5% as of December 31, 2021, due to a decrease in bank borrowings and lease liabilities by approximately RMB 7.6 million[70][75]. - The Group's capital commitment as of December 31, 2022, amounted to approximately RMB 3.2 million, unchanged from 2021, primarily related to the acquisition of machinery and equipment to enhance production efficiency[97][100]. Employee and Remuneration - The total remuneration for 754 employees during the reporting period was approximately RMB 74.9 million, down from RMB 88.8 million for 891 employees in 2021[88][92]. - The Group's contributions to the Defined Contribution Scheme are fully vested with employees, with no forfeiture of contributions during the reporting period[90][93].

香港交易及結算所有限公司以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，並明確表示概不會就本公告全 部或任何部分內容而產生或倚賴該等內容而引致之任何損失承擔任何責任。 CONFIDENCE INTELLIGENCE HOLDINGS LIMITED 信 懇 智 能 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：1967） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 年 度 業 績 公 告 信懇智能控股有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然公布本公司 及其附屬公司（統稱「本集團」）截至二零二二年十二月三十一日止年度（「報告期 間」）的綜合年度業績及截至二零二一年十二月三十一日止年度的比較數字。 二零二二年 二零二一年 收益（人民幣千元） 263,248 353,896 毛利（人民幣千元） 29,383 53,980 毛利率(%) 11.2 15.3 年內（虧損）溢利（人民幣千元） (7,077) 10,073 就本公司普通權益持有人應佔 （虧損）溢利之每股（虧損）盈利 基本及攤薄（人民幣分） (3.63 ...