Core Viewpoint - Hong Cheng Environmental Technology (02265) anticipates a significant increase in profit and revenue for the six months ending June 30, 2025, driven by rising demand and prices for sulfur concentrate and sulfur products [1] Financial Performance - The company expects to achieve a profit attributable to shareholders of approximately RMB 36.4 million, an increase of about 78.4% compared to RMB 20.4 million for the same period in 2024 [1] - Revenue is projected to be around RMB 133.6 million, reflecting a growth of approximately 27.1% from RMB 105.1 million in 2024 [1] Contributing Factors - The increase in profit and revenue is primarily attributed to: - A rise in the price of sulfur concentrate due to increased demand from industries that require sulfur concentrate as a key raw material [1] - An increase in the price of sulfur, a product obtained through the reprocessing of sulfur concentrate [1] - The gross profit margin is expected to rise from approximately 49.4% for the six months ending June 30, 2024, to about 59.2% for the current period [1]

Core Viewpoint - Hong Cheng Environmental Technology (02265) expects a significant increase in profit and revenue for the six months ending June 30, 2025, driven by rising prices of sulfur concentrate and sulfur products [1] Financial Performance - The company anticipates a profit attributable to shareholders of approximately RMB 36.4 million, an increase of about 78.4% compared to RMB 20.4 million for the same period in 2024 [1] - Expected revenue for the period is approximately RMB 133.6 million, reflecting a growth of about 27.1% from RMB 105.1 million in 2024 [1] Contributing Factors - The increase in profit and revenue is primarily attributed to: 1. Rising prices of sulfur concentrate due to increased demand from industries that require it as a key raw material [1] 2. Higher prices for sulfur, a product obtained through the reprocessing of sulfur concentrate [1] - The gross profit margin improved from approximately 49.4% for the six months ending June 30, 2024, to about 59.2% for the current period [1]

Core Viewpoint - Hong Cheng Environmental Technology (02265.HK) expects to record a profit attributable to shareholders of approximately RMB 36.4 million for the six months ending June 30, 2025, representing an increase of about 78.4% compared to RMB 20.4 million for the same period in 2024 [1] Financial Performance - The company anticipates revenues of approximately RMB 133.6 million, an increase of about 27.1% from RMB 105.1 million in the same period of 2024 [1] - The gross profit margin is expected to rise from approximately 49.4% for the six months ending June 30, 2024, to about 59.2% for the current period [1] Contributing Factors - The increase in profit and revenue is primarily attributed to: 1. The rise in the unit price of sulfur concentrate driven by increased demand from industries that require sulfur concentrate as a key raw material [1] 2. The increase in the unit price of sulfuric acid, a product obtained through the reprocessing of sulfur concentrate [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 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 致的 任 何 損 失承 擔任何責任。 HONGCHENG ENVIRONMENTAL TECHNOLOGY COMPANY LIMITED 鴻 承 環 保 科 技 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：2265） 正面盈利預告 本 公 告 乃 鴻 承 環 保 科 技 有 限 公 司（「 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證券上市規則（「上市規則」）第13.09 (2) (a) 條及香港法例第571章證券及期貨條例第XIVA部項下之內幕消息條文（ 定義 見上市規則 ）而作出。 本公司董事（「董事」）會（「董事會」）謹此知會本公司股東（「股東」）及潛在投 資 者 ，根 據 對 本 集 團的 未 經 審 核綜 ...

Group 1 - The company, Hong Cheng Environmental Technology (02265.HK), will hold a board meeting on August 29, 2025, to review and approve the interim results for the six months ending June 30, 2025 [1] - The meeting will also consider the proposal for the distribution of an interim dividend, if any [1]

鴻承環保科技有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此宣佈， 董 事 會 將 於 二 零 二 五 年 八 月 二 十 九 日（ 星 期 五 ）舉 行 會 議 ， 以 商 討（ 其 中 包 括 ）下列事項： 3. 考慮建議派付中期股息（ 如有 ）； 4. 考慮及批准其他事務（ 如有 ）。 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 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 致的 任 何 損 失承 擔任何責任。 HONGCHENG ENVIRONMENTAL TECHNOLOGY COMPANY LIMITED 鴻 承 環 保 科 技 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：2265） 董事會會議通告 1. 考 慮 及 批 准 本 公 司 及 其 附 屬 公 司（ 統 稱「 本 集 團 」）截 至 二 零 二 五 年 六 月 三十日止六個月 ...

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: 鴻承環保科技有限公司 呈交日期: 2025年8月1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) | 02265 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 200,000,000,000 | HKD | | 0.01 | HKD | | 2,000,000,000 | | 增加 / 減少 (-) | | | | | | | HKD | | | | 本月底結存 | | | 200,000,000,000 | HKD | | 0.01 | HKD | | 2,000,000,000 | ...

Financial Performance - The Group's annual revenue for 2024 reached approximately RMB 233.9 million, representing an increase of approximately 116.6% compared to the previous year[23]. - Net profit for 2024 increased significantly by approximately 242.9% year-on-year, reaching approximately RMB 60.0 million, demonstrating the effectiveness of the Group's business strategies[23]. - The Group's revenue for the year ended December 31, 2024, reached approximately RMB 233.9 million, representing a year-on-year increase of approximately 116.6%[45]. - The net profit attributable to owners of the Company for the same period was approximately RMB 60.0 million, reflecting a significant year-on-year increase of approximately 242.9%[45]. - The gross profit increased from approximately RMB 59.6 million in 2023 to approximately RMB 131.8 million in 2024, with a gross profit margin of 56.3%, up from 55.2% in the previous year[46]. - The gross profit for the year ended 31 December 2024 was approximately RMB 131.8 million, representing an increase of approximately 121.1% compared to RMB 59.6 million for the year ended 31 December 2023[64]. - The overall gross profit margin increased from approximately 55.2% for the year ended 31 December 2023 to approximately 56.3% for the year ended 31 December 2024[68]. - Revenue from sales of pyrite concentrate and sales of products from the reprocessing of pyrite concentrate recorded year-on-year increases of approximately 94.6% and 1,016.0%, respectively[62]. Assets and Liabilities - Total assets as of December 31, 2024, amounted to RMB 921.2 million, an increase from RMB 796.7 million in 2023[18]. - Total liabilities as of December 31, 2024, were RMB 378.3 million, compared to RMB 325.5 million in 2023[18]. - Total equity as of December 31, 2024, reached RMB 542.9 million, up from RMB 471.2 million in 2023[18]. - As of December 31, 2024, the Group's net current liabilities were approximately RMB 56.8 million, compared to net current assets of approximately RMB 25.9 million as of December 31, 2023[104]. - The gearing ratio as of December 31, 2024, was approximately 47.1%, slightly up from approximately 46.6% as of December 31, 2023[104]. - Cash and cash equivalents as of December 31, 2024, were approximately RMB 65.2 million, down from approximately RMB 76.1 million as of December 31, 2023[105]. Operational Developments - The Group successfully launched a new production line for the comprehensive utilization of hazardous waste from gold mines, enhancing profitability and market competitiveness[24]. - The launch of reprocessed products of pyrite concentrate marks a significant breakthrough in industrial upgrading for the Group[25]. - The introduction of reprocessing pyrite concentrate to produce sulfuric acid, iron powder, and electricity marks a significant advancement in the Group's operational capabilities[41]. - The sales of reprocessed products from sulfur concentrate, including sulfuric acid, iron powder, and electricity, began to significantly contribute to the Group's revenue during the reporting period, marking a milestone in the industrial chain extension projects[48]. - The Group has made positive progress in the research and development of new products such as amidosulfonic acid and magnesium fertilizers, which will enrich its product portfolio[26]. - The Group achieved phased results in the research and development of new products such as amidosulfonic acid and magnesium fertilizers, utilizing sulfuric acid and steam generated during production as raw materials[48]. Strategic Focus and Sustainability - The Group's strategic focus on extending the industrial chain and promoting resource recycling is expected to support sustainable development in the future[25]. - The Group is committed to sustainable development and has integrated ESG strategies into its operations, focusing on green production and resource optimization[29]. - The Group's strategic focus for 2025 includes promoting green transformation and upgrading while seizing opportunities presented by national development strategies[51]. - The Group's efforts in extending the industrial chain and enhancing product diversity are expected to significantly improve profit stability and support sustainable development goals[49]. - The Group anticipates that the implementation of the "Fourteenth Five-Year Plan" will provide historic development opportunities and enhance its role in the circular economy[31]. Management and Governance - The company has a strong focus on research and development, with Mr. Sheng leading these efforts since joining in December 2012[122]. - The management team has a diverse background in various industries, enhancing the company's strategic decision-making capabilities[117][122][124][129]. - The company emphasizes the importance of independent judgment in its governance structure, with independent non-executive Directors playing key roles[129]. - The company has adopted the principles and complied with the applicable code provisions in the Corporate Governance Code for the year ended December 31, 2024[151]. - The Board consists of six Directors, including three executive Directors and three independent non-executive Directors as of December 31, 2024[161]. - The company has arranged appropriate liability insurance for Directors facing legal actions, which will be reviewed annually[153]. - The company has a clear division of responsibilities among the Board members to ensure well-balanced power and authority[160]. - The Company has adopted a Board Diversity Policy to maintain a balanced mix of experiences and backgrounds among Board members, including expertise in various industries such as metal ore waste processing and environmental management[172][177]. Expenses and Financial Management - Selling expenses for the year ended 31 December 2024 were approximately RMB 2.1 million, representing an increase of approximately 40.0% compared to RMB 1.5 million for the year ended 31 December 2023[70]. - The Group's administrative expenses for the year ended 31 December 2024 were approximately RMB 52.0 million, representing an increase of approximately 41.7% from RMB 36.7 million for the year ended 31 December 2023[75]. - The increase in administrative expenses was primarily due to a RMB 3.1 million rise in salaries and wages related to the commencement of a new production line and R&D projects, and a RMB 3.9 million increase in depreciation of property, plant, and equipment[76]. - The Group's net finance costs for the year ended 31 December 2024 were approximately RMB 5.5 million, a decrease of approximately 27.6% from RMB 7.6 million for the year ended 31 December 2023[77]. - The Group's income tax expense for the year ended 31 December 2024 was approximately RMB 13.5 million, reflecting an increase of approximately 264.9% compared to RMB 3.7 million for the year ended 31 December 2023[85]. - The effective tax rate increased from approximately 17.3% for the year ended 31 December 2023 to approximately 18.4% for the year ended 31 December 2024, mainly due to a smaller portion of revenue from pyrite concentrate sales entitled to a 10% reduction in CIT[86]. Capital Expenditure and Commitments - The Group incurred capital expenditure of approximately RMB 133.6 million for the year ended 31 December 2024, compared to RMB 78.2 million for the year ended 31 December 2023[92]. - As at 31 December 2024, the Group had capital commitments of approximately RMB 47.4 million, an increase from approximately RMB 17.5 million as at 31 December 2023[93]. - The total net book value of assets pledged to secure the Group's borrowings amounted to approximately RMB 25.1 million for land use rights, RMB 74.2 million for buildings, and RMB 73.7 million for machinery as at 31 December 2024[94]. Legal and Compliance - The Group did not have any material contingent liabilities as at December 31, 2024 and is not involved in any material legal proceedings[95]. - The company has a strong focus on production safety and environmental protection, as evidenced by the extensive experience of its senior management team[140][142].

Financial Performance - For the fiscal year ending December 31, 2024, the group's total revenue was approximately RMB 233.9 million, an increase of about 116.6% compared to RMB 108.0 million for the fiscal year ending December 31, 2023[4] - The group's gross profit for the fiscal year ending December 31, 2024, was approximately RMB 131.8 million, representing an increase of about 121.1% from RMB 59.6 million for the fiscal year ending December 31, 2023[4] - The profit attributable to the owners of the company for the fiscal year ending December 31, 2024, was approximately RMB 60.0 million, a significant increase of about 242.9% from RMB 17.5 million for the fiscal year ending December 31, 2023[5] - Basic earnings per share attributable to the owners of the company for the fiscal year ending December 31, 2024, was approximately RMB 0.060, compared to RMB 0.017 for the fiscal year ending December 31, 2023[5] - The company reported operating profit of approximately RMB 78.8 million for the fiscal year ending December 31, 2024, compared to RMB 28.8 million for the fiscal year ending December 31, 2023[7] - The company reported a net profit of RMB 59,772 thousand for the fiscal year ending December 31, 2024, compared to RMB 17,493 thousand in the previous year[26][28] - The total revenue for the company was RMB 233,908,000 in 2024, compared to RMB 107,988,000 in 2023, indicating an increase of approximately 116.5%[30] - The company achieved a milestone in extending its industrial chain with the launch of sulfur concentrate reprocessing products, marking a significant step in its project development[75] Assets and Liabilities - The total assets of the company as of December 31, 2024, amounted to RMB 921.2 million, an increase from RMB 796.7 million as of December 31, 2023[11] - The equity attributable to the owners of the company as of December 31, 2024, was RMB 530.9 million, compared to RMB 471.2 million as of December 31, 2023[11] - As of December 31, 2024, the total liabilities amounted to RMB 378,290,000, an increase from RMB 325,465,000[13] - The total equity and liabilities amounted to RMB 921,193,000, reflecting a growth from RMB 796,655,000[13] - The total liabilities for the hazardous waste treatment segment were RMB 249,685 thousand, and for the sulfur concentrate segment, they were RMB 124,246 thousand, resulting in total liabilities of RMB 378,290 thousand[26] Revenue Segments - For the fiscal year ending December 31, 2024, total segment revenue reached RMB 289,904 thousand, a significant increase from RMB 120,864 thousand in the previous year[26][28] - The segment profit for hazardous waste treatment and recycling was RMB 42,208 thousand, while the sulfur concentrate reprocessing segment reported a profit of RMB 39,085 thousand, contributing to a total profit of RMB 78,788 thousand[26] - Revenue from hazardous waste treatment services for gold mines was RMB 41,506,000 in 2024, compared to RMB 49,373,000 in 2023, representing a decrease of approximately 16.5%[30] - Revenue from the sale of sulfur concentrate increased significantly to RMB 67,663,000 in 2024 from RMB 34,775,000 in 2023, marking an increase of approximately 94.8%[30] - Total revenue from sulfur concentrate and its processed products reached RMB 115,181,000 in 2024, a substantial rise from RMB 10,321,000 in 2023[30] Costs and Expenses - Total costs for the year were RMB 156,208,000 in 2024, significantly higher than RMB 86,562,000 in 2023, indicating an increase of approximately 80.4%[40] - Administrative expenses for the year ending December 31, 2024, were approximately RMB 52.0 million, an increase of about 41.7% compared to approximately RMB 36.7 million for the year ending December 31, 2023[88] - Financing costs netted approximately RMB 5.5 million for the year ending December 31, 2024, a decrease of about 27.6% from approximately RMB 7.6 million for the year ending December 31, 2023[89] - Other income decreased significantly from approximately RMB 5.4 million for the year ending December 31, 2023, to approximately RMB 1.3 million for the year ending December 31, 2024[85] Taxation - The income tax expense for the year ended December 31, 2024, was RMB 13,472 million, significantly higher than RMB 3,653 million in 2023, representing an increase of approximately 269.5%[44] - The company's income tax expense for the year ending December 31, 2024, is approximately RMB 13.5 million, an increase of about 264.9% compared to RMB 3.7 million for the year ending December 31, 2023[92] - The effective tax rate increased from approximately 17.3% for the year ending December 31, 2023, to about 18.4% for the year ending December 31, 2024, primarily due to a lower proportion of revenue from the sale of sulfur concentrate, which enjoys a 10% tax reduction[92] Corporate Governance - The company has adopted corporate governance principles in line with the listing rules to safeguard shareholder interests and enhance corporate value[114] - The company has established an audit committee to ensure compliance with financial reporting and internal control systems as per listing rules[116] - The audit committee consists of three members, with Mr. Liu Zhongwei serving as the chairman, possessing the required professional qualifications[117] - The financial statements for the year ending December 31, 2024, have been reviewed and recommended for approval by the audit committee[117] Future Plans and Investments - The company has not made any significant investments, acquisitions, or disposals of subsidiaries, joint ventures, or associates during the reporting period[108] - The company has no significant future plans for major investments or capital assets beyond those disclosed in previous announcements[104] - The company plans to enhance its technological innovation capabilities and optimize its product structure to drive diversified development and improve resource utilization efficiency[76] - The company expects to further expand its product portfolio and improve profitability stability through the successful implementation of related projects[75]

Financial Performance - Revenue for the six months ended June 30, 2024, reached RMB 105,104,000, a 113.4% increase from RMB 49,159,000 in 2023[5] - Gross profit for the same period was RMB 51,877,000, compared to RMB 31,132,000 in 2023, reflecting a 66.9% increase[5] - Profit before income tax increased to RMB 25,864,000, up from RMB 13,620,000, marking an increase of 90.0% year-on-year[5] - Profit for the period attributable to owners of the Company was RMB 20,446,000, a significant rise of 94.5% from RMB 10,525,000 in 2023[5] - Total comprehensive income for the period was RMB 18,860,000, compared to RMB 10,559,000 in 2023, indicating an increase of 78.0%[5] - The Group's revenue for the six months ended June 30, 2024, was approximately RMB 105.1 million, representing an increase of approximately 113.6% compared to the same period last year[14] - The net profit for the same period was approximately RMB 20.4 million, reflecting an increase of approximately 94.3% year-on-year[14] - Gross profit increased from approximately RMB 31.1 million to approximately RMB 51.9 million, although the overall gross profit margin decreased from approximately 63.3% to approximately 49.4%[14][15] - The Group's gross profit for the six months ended June 30, 2024, was approximately RMB 51.9 million, an increase of approximately 66.9% compared to RMB 31.1 million for the same period in 2023[32] - Other income rose from approximately RMB 1.7 million for the six months ended June 30, 2023, to approximately RMB 2.3 million for the same period in 2024, reflecting an increase of approximately 35.3%[38] - Selling expenses increased by approximately 128.6% to approximately RMB 1.6 million for the six months ended June 30, 2024, compared to RMB 0.7 million in the previous year[38] - Administrative expenses increased by approximately 39.2% to approximately RMB 23.1 million for the six months ended June 30, 2024, up from RMB 16.6 million in the same period of 2023[39] - The Group's income tax expense was approximately RMB 5.4 million for the six months ended June 30, 2024, representing an increase of approximately 74.2% compared to RMB 3.1 million for the same period in 2023[49] - The effective tax rate for the Group was approximately 20.9% for the six months ended June 30, 2024, down from 22.7% in the previous year, primarily due to increased sales of pyrite concentrate and higher research and development expenses[49] Operational Developments - The Company has commenced production operations of a new production line for sulphuric acid, enhancing resource recovery from hazardous waste[10] - The Group is focusing on building a resource-cycling industry system and promoting product extension and expansion in 2024[16] - New production lines launched at the end of 2023 significantly contributed to the Group's revenue growth[15][16] - The Group is engaged in the production and R&D of new products such as sulfamic acid, magnesium sulfate, and magnesium fertilizers, with phased results achieved[18][20] - The Group holds a total of ten patented technologies, enhancing its long-term competitiveness and innovation capabilities[19][20] - The Group aims to leverage its strengths in recycled product production to extend its value chain and improve core competitiveness[18][20] - The company is actively promoting the comprehensive utilization of solid waste resources towards high-value development[19] - The Group's strategic approach includes expanding hazardous waste recycling and guiding the development of solid waste recycling projects[15] - The principal market for the company is located in Laizhou city, Shandong province, China, where the majority of revenue and operating profit are generated[181] - The company has commenced production and sales of products from the reprocessing of pyritic concentrate since late 2023, expanding its operational capabilities[181] Market Position and Challenges - The hazardous waste market is facing challenges due to a sluggish global economy and intensified competition, impacting demand and supply dynamics[11] - The Company is the only entity in Laizhou city with a Hazardous Waste Business Licence, positioning it uniquely in the market[10] - The strategic location of production facilities in Laizhou city capitalizes on the region's leading gold reserves[10] - The Company achieved year-on-year growth despite adverse industry conditions, attributed to effective business strategies and stakeholder collaboration[11] Financial Position and Cash Flow - Total assets as of June 30, 2024, amounted to RMB 764,039,000, a decrease from RMB 796,655,000 as of December 31, 2023[137] - Total equity attributable to owners of the Company increased to RMB 490,050,000 from RMB 471,190,000[137] - Non-current liabilities decreased to RMB 129,299,000 from RMB 147,768,000[137] - Current liabilities decreased to RMB 144,690,000 from RMB 177,697,000[137] - Cash and cash equivalents decreased to RMB 29,686,000 from RMB 76,119,000[137] - Trade receivables decreased to RMB 26,563,000 from RMB 40,642,000[137] - Inventories decreased to RMB 28,656,000 from RMB 34,348,000[137] - Cash generated from operations for the six months ended June 30, 2024, was RMB 40,940,000, leading to a net cash generated from operating activities of RMB 36,045,000, compared to a net cash used of RMB 20,091,000 in 2023[141] - The company reported net cash used in investing activities of RMB 68,318,000 for the six months ended June 30, 2024, compared to RMB 31,729,000 in the same period of 2023[141] - The net cash used in financing activities was RMB 14,258,000 for the six months ended June 30, 2024, compared to a net cash generated of RMB 31,723,000 in 2023[141] Shareholder Information and Corporate Governance - As of June 30, 2024, Zeming International Investment Co., Ltd holds 589,500,000 shares, representing approximately 58.95% of the company's total shares[70] - Ms. Li Liyan, as the spouse of Mr. Liu, has an interest in 595,500,000 shares, equating to approximately 59.55% of the company's total shares[70] - The company did not recommend the payment of any interim dividend for the six months ended June 30, 2024[74] - The Group employed 296 employees as of June 30, 2024[75] - The remuneration policy for employees is based on local market standards, industry benchmarks, and employee performance[75] - The Directors' emoluments are reviewed by the remuneration committee and approved by the Board, considering the Group's profitability and market conditions[76] - The company has adopted a code of conduct for securities transactions by directors, which meets or exceeds the standards set out in the Model Code[95] - Directors have confirmed compliance with the required standards during the reporting period[95] - The company has adopted and complied with the Corporate Governance Code for the six-month period ended June 30, 2024[100] Capital Expenditure and Funding - Capital expenditure for the six months ended June 30, 2024, was approximately RMB 46.2 million, down from approximately RMB 78.2 million as of December 31, 2023[50] - As of June 30, 2024, the Group's capital commitments amounted to approximately RMB 28.5 million, an increase from RMB 17.5 million as of December 31, 2023[50] - The total net book value of assets pledged to secure the Group's borrowings was approximately RMB 28.6 million as of June 30, 2024, compared to RMB 29.1 million as of December 31, 2023[50] - The gearing ratio as of June 30, 2024, was approximately 42.1%, down from 46.6% as of December 31, 2023[57] - The Group's treasury policy focuses on managing liquidity risk and ensuring the fulfillment of funding requirements for business development[53] - The Group does not currently have a hedging policy for foreign exchange risk, as it primarily operates in RMB, with minimal exposure to HKD fluctuations[53] Compliance and Risk Management - The Group's condensed consolidated interim financial statements for the six months ended June 30, 2024, have been prepared in accordance with IAS 34 Interim Financial Reporting[163] - The Group did not change its accounting policies or make retrospective adjustments due to the adoption of new or amended standards effective from January 1, 2024[166] - Management is currently assessing the effects of applying new standards and amendments on the Group's financial statements, with no significant impact expected[172] - The company has not made any changes to its risk management policies since the end of the previous year[181] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[94] - There were no significant labor disputes or difficulties in recruiting and retaining experienced employees during the reporting period[84]