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 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 China Graphite Group Limited 中 国 石 墨 集 团 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2237） 截至二零二三年六月三十日止六個月的中期業績公告 中國石墨集团有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司截至二零二三年六月三十日止六個月的中期簡明綜合業績。本公告載 列本公司二零二三年中期報告全文，並遵守香港聯合交易所有限公司（「聯交所」） 證券上市規則中有關中期業績初步公告隨附資料的適用規定。本公司二零二三年 中期報告的印刷版本將適時寄發予本公司股東。 本公司二零二三年中期業績公告刊載於聯交所網站www.hkexnews.hk及本公司網站 www.chinagraphite.com.hk。 承董事會命 中國石墨集团有限公司 主席、執行董事兼行政總裁 趙亮 香港，二零二三年八月三十一日 於本公告日期，董事會包括執 ...

Financial Performance - Total revenue for the fiscal year 2022 was approximately RMB 273.6 million, an increase of 37.9% compared to RMB 198.4 million in fiscal year 2021[5]. - Sales revenue from spherical graphite and its by-products reached approximately RMB 131.3 million, up 33.3% from RMB 98.5 million in the previous year[5]. - Sales revenue from flake graphite concentrate was approximately RMB 138.3 million, representing a 41.6% increase from RMB 97.7 million in fiscal year 2021[5]. - Gross profit for fiscal year 2022 was approximately RMB 135.9 million, a 46.1% increase from RMB 93.0 million in fiscal year 2021, with a gross margin rising to 49.7% from 46.9%[5]. - Adjusted net profit, reflecting the actual operational performance, was approximately RMB 83.8 million, a 60.1% increase from RMB 52.3 million in the previous year, with an adjusted net profit margin of 30.6%[5]. - The gross profit margin improved from approximately 46.9% in 2021 to about 49.7% in 2022[18]. - The adjusted net profit after tax increased by approximately 60.1% from about RMB 52.3 million in fiscal year 2021 to approximately RMB 83.8 million in fiscal year 2022[66]. - The actual tax rate increased to 15.9% in fiscal year 2022 from 12.4% in fiscal year 2021, primarily due to non-deductible listing expenses and increased expenses from the Hong Kong office[65]. - The adjusted net profit margin for 2022 was 30.6%, up from 26.4% in 2021, showcasing better profitability[83]. Dividend and Shareholder Information - The board proposed a final dividend of HKD 0.016 per share, subject to approval at the annual general meeting scheduled for May 5, 2023[5]. - The company proposed a final dividend of HKD 0.016 per share for the fiscal year ended December 31, 2022[20]. - Shareholders can submit proposals in writing to the board for consideration at the annual general meeting, with a notice period of at least 15 business days[192]. - The company has multiple communication channels to engage with shareholders and ensure their rights are protected during general meetings[190]. - The company emphasizes effective communication with shareholders to strengthen investor relations and understanding of business performance and strategy[197]. Production and Sales - The production of flake graphite concentrate increased from approximately 48,200 tons in 2021 to about 52,500 tons in 2022, representing a growth of approximately 8.9%[21]. - The sales volume of spherical graphite rose by approximately 18.3%, from about 6,061 tons in 2021 to approximately 7,169 tons in 2022[22]. - The sales volume of micro graphite powder and high-purity graphite powder reached approximately 10,091 tons in 2022, a rise of about 29.7% from the previous year[22]. - The company anticipates that flake graphite production capacity will increase to at least 60,000 tons annually by the end of 2023, and to at least 100,000 tons after the new beneficiation plant is operational in Q4 2025[21]. - The increase in sales of unprocessed marble contributed to revenue growth, with sales rising to approximately RMB 3.9 million in fiscal year 2022 from RMB 2.2 million in fiscal year 2021[54]. Costs and Expenses - The sales cost for fiscal year 2022 rose to approximately RMB 137.7 million, a 30.7% increase from RMB 105.3 million in fiscal year 2021, driven by increased production and operational activities[55]. - The company reported a cost of approximately RMB 22.6 per ton for extracting graphite ore in fiscal year 2022, up from RMB 20.1 per ton in fiscal year 2021[44]. - In the fiscal year 2022, the total mining costs amounted to RMB 25,589 thousand, significantly up from RMB 10,980 thousand in the previous year[42]. - General and administrative expenses increased by approximately 30.8% to about RMB 25.8 million in fiscal year 2022, compared to approximately RMB 19.7 million in fiscal year 2021[60]. - Research and development expenses rose by approximately 41.9% to about RMB 11.5 million in fiscal year 2022, up from approximately RMB 8.1 million in fiscal year 2021[61]. Corporate Governance - The company has complied with all applicable corporate governance code provisions since its listing date, except for a specific provision related to the chairman and CEO[126]. - The board consists of executive and independent non-executive directors, ensuring a diverse range of expertise and perspectives[130]. - The company has established various committees, including audit, remuneration, nomination, and compliance committees, to operate under the board's authority[148]. - The board is responsible for leading and controlling the company, overseeing operational and financial performance, and ensuring robust internal controls and risk management systems[143]. - The company has adopted a whistleblowing policy to allow employees and stakeholders to report potential misconduct confidentially, including financial reporting and internal controls[175]. Future Outlook and Strategy - The company aims to leverage the strong demand for lithium battery anode materials driven by the rapid growth of the electric vehicle industry for future growth[17]. - Future outlook indicates a projected revenue growth of 15% for the next fiscal year, driven by new product launches and market expansion strategies[109]. - The company is investing in R&D for new technologies, with a budget allocation of $5 million for the upcoming year[109]. - The management team has set a performance guidance of achieving a net profit margin of 20% by the end of the next fiscal year[109]. - The company has successfully launched a new product line, contributing to a 30% increase in sales in the last quarter[109]. Risk Management - The board has confirmed the effectiveness of the risk management and internal control systems as of December 31, 2022, with no significant concerns identified[175]. - The company employs a risk self-assessment method to continuously evaluate and manage its risk profile[174]. - The board confirmed that the risk management and internal control systems were effective during the reporting period, with no significant deficiencies identified[179]. Employee and Workforce - The total number of employees increased to 196 as of December 31, 2022, compared to 178 in 2021, aligning with expected production increases[90]. - The company aims to create favorable conditions for attracting more women to the workforce, addressing challenges in the labor market[166]. - As of December 31, 2022, the workforce is composed of 79.1% male employees and 20.9% female employees, with efforts to increase female representation in senior management[166].

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 或任何部份內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 China Graphite Group Limited 中 国 石 墨 集 团 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：2237） 截至二零二二年十二月三十一日止年度的 年度業績公告 中国石墨集团有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然宣佈本公司及 其附屬公司截至二零二二年十二月三十一日止年度的經審核綜合年度業績。本公 告載列本公司二零二二年年報全文，並遵守香港聯合交易所有限公司（「聯交所」） 證券上市規則中有關年度業績初步公告隨附資料的適用規定。本公司二零二二年 年報的印刷版本將適時寄發予本公司股東。 本公司二零二二年年度業績公告刊載於聯交所網站www.hkexnews.hk及本公司網站 www.chinagraphite.com.hk。 承董事會命 中国石墨集团有限公司 主席、執行董事兼行政總裁 趙亮 中國黑龍江，二零二三年三月二十三日 於本公告日期，董事會 ...

Revenue and Profitability - The revenue for the six months ended June 30, 2022, was approximately RMB 93.6 million, an increase of about 13.5% compared to approximately RMB 82.5 million for the same period in 2021[4]. - Revenue from the sale of spherical graphite and by-products for the six months ended June 30, 2022, was approximately RMB 61.3 million, representing a year-on-year increase of about 27.4% from approximately RMB 48.1 million[4]. - Adjusted net profit for the six months ended June 30, 2022, was approximately RMB 21.6 million, a year-on-year increase of about 20.0% from approximately RMB 18.0 million[4]. - The adjusted net profit margin increased from approximately 21.8% for the same period in 2021 to about 23.1% for the six months ended June 30, 2022[4]. - The company reported a net profit attributable to the owners of the company for the six months was RMB 13,249,000, down 34.1% from RMB 20,147,000 in 2021[16]. - The company reported a net loss attributable to owners of RMB 147,732,000 for the six months ended June 30, 2022, compared to a net loss of RMB 147,558,000 for the same period in 2021, showing a marginal increase in losses[26]. - The company generated a profit of RMB 13,249 thousand for the period, reflecting a positive trend in profitability[61]. Cash and Liquidity - Cash and cash equivalents increased from approximately RMB 33.9 million as of December 31, 2021, to approximately RMB 65.9 million as of June 30, 2022[4]. - Cash and cash equivalents amounted to RMB 65,922,000, reflecting a decrease from RMB 206,743,000 in the previous period[19]. - The cash and cash equivalents at the end of the period increased to RMB 33,934,000 from RMB 31,988,000 at the beginning of the period, reflecting a growth of approximately 6%[28]. - Cash and cash equivalents increased to RMB 65,920,000 as of June 30, 2022, up from RMB 33,930,000 as of December 31, 2021, representing a growth of 94.3%[118]. - The company’s financing activities included repayments of bank loans and interest, with a net cash outflow of RMB 16,157,000 during the period[28]. Assets and Liabilities - Total assets as of June 30, 2022, were RMB 356,044,000, compared to RMB 334,076,000 as of December 31, 2021[19]. - Total liabilities increased to RMB 140,797,000 from RMB 132,078,000 at the end of the previous year[23]. - The company’s total equity attributable to owners increased to RMB 215,247,000 from RMB 201,998,000 as of December 31, 2021[23]. - The total trade receivables and notes receivable as of June 30, 2022, amounted to RMB 101,312,000, compared to RMB 148,645,000 as of December 31, 2021, indicating a decrease of 31.8%[106]. - The company reported accrued expenses and other payables of RMB 29,269,000 as of June 30, 2022, an increase of 58.5% from RMB 18,498,000 as of December 31, 2021[120]. Operational Performance - The company expects to maintain positive momentum in business growth due to increased production of graphite products and mining of unprocessed graphite ore from the Beishan mine in the second half of 2022[4]. - The company plans to expand processing capacity to approximately 8,000 tons of spherical graphite annually by the end of 2022[156]. - The company expects to reduce reliance on third-party suppliers for raw graphite as mining activities at the Beishan mine are anticipated to increase in the second half of 2022[157]. - The company aims to leverage the rapid growth of the Chinese new energy vehicle market, which is expected to drive demand for graphite products[159]. - The company plans to continue expanding its mining operations and has invested approximately RMB 2.0 million in new drilling and excavation equipment to support increased extraction activities[163]. Research and Development - Research and development expenses increased to RMB 4,509,000, a rise of 56.5% from RMB 2,882,000 in the previous year[16]. - Research and development expenses for the six months ended June 30, 2022, were RMB 261,000, compared to RMB 136,000 for the same period in 2021, reflecting an increase of 92.6%[93]. - The company has not reported any significant new product developments or technological advancements during this period[30]. Market and Industry Outlook - Government policies in Heilongjiang Province are expected to support the expansion and development of the graphite industry[160]. - The demand for unprocessed marble remained stable, with revenue from sales approximately RMB 1.5 million in 2022, compared to RMB 1.6 million in 2021, showing no significant change[173]. Financial Management and Risks - The company has no significant contingent liabilities as of June 30, 2022, and December 31, 2021[153]. - The company faces financial risks including interest rate risk, credit risk, and liquidity risk[199]. - The company maintains a prudent cash management policy to ensure strong liquidity for operational needs and business expansion[196].