Financial Performance - For the six months ended September 30, 2023, the Group's revenue increased by approximately 19.5% to approximately HK$727,786,000 from approximately HK$608,935,000 for the same period in 2022[12]. - Gross profit for the same period increased by approximately 132.0%, reaching approximately HK$12,447,000 compared to approximately HK$5,366,000 in the prior year[12]. - Profit for the period increased from a loss of approximately HK$2,131,000 for the six months ended 30 September 2022 to a profit of approximately HK$496,000 for the six months ended 30 September 2023[28]. - The Group's profit for the period was HK$496,000, a recovery from a loss of HK$2,131,000 in the previous year[61]. - Basic profit per share increased to HK$0.004 for the six months ended 30 September 2023, compared to a loss per share of HK$0.007 in 2022[133]. - The consolidated profit before taxation for the six months ended September 30, 2023, was HK$1,005,000, a recovery from a loss of HK$1,044,000 in 2022[117]. Revenue Breakdown - Revenue from the sourcing and sale of metal minerals and related industrial materials increased by approximately 21.9% to approximately HK$655,378,000[13]. - Revenue from the production and sale of industrial products increased by approximately 1.8% to approximately HK$72,408,000[14]. - The sourcing and sale of metal minerals generated revenue of HK$655,378,000, while the production and sale of industrial products contributed HK$72,408,000 for the six months ended September 30, 2023[104]. Expenses and Costs - Administrative expenses decreased by approximately 11.4% to approximately HK$7,252,000 from approximately HK$8,189,000 for the same period in 2022[20]. - Finance costs rose to approximately HK$714,000 for the six months ended 30 September 2023, up from approximately HK$347,000 for the same period in 2022[26]. - Other operating expenses increased to approximately HK$186,000 for the six months ended 30 September 2023, compared to approximately HK$124,000 for the same period in 2022[25]. - Cost of inventories for the six months ended September 30, 2023, was HK$715,339,000, compared to HK$603,569,000 in 2022, representing an increase of approximately 18.5%[123]. Assets and Liabilities - Current assets as of 30 September 2023 were approximately HK$1,488,868,000, a decrease from approximately HK$1,759,370,000 as of 31 March 2023[30]. - Trade payables decreased to approximately HK$1,030,727,000 as of 30 September 2023, down from approximately HK$1,280,023,000 as of 31 March 2023[32]. - Total financial liabilities decreased to HK$1,074,640,000 as of September 30, 2023, down 18.4% from HK$1,317,742,000 as of March 31, 2023[148]. - Non-current assets decreased from HK$45,806,000 as of 31 March 2023 to HK$42,141,000 as of 30 September 2023, reflecting a decline of 8.3%[66]. Employee and Management Information - The number of employees increased to 136 as of September 30, 2023, compared to 131 a year earlier, with total staff costs amounting to approximately HK$10,538,000[50]. - Key management personnel compensation for the six months ended September 30, 2023, totaled HK$2,213,000, a decrease of 25.5% from HK$2,968,000 for the same period in 2022[152]. Future Outlook - The management anticipates a significant increase in orders in the next two to three quarters due to rising inquiries from customers[52]. - The Group is optimistic about future business opportunities despite market fluctuations, particularly in the manganese ore sector[57]. - The development of new energy vehicles is expected to positively impact the Group's business, particularly in sourcing and selling manganese-related materials[56]. Corporate Governance and Compliance - The Group did not recommend the payment of an interim dividend for the six months ended 30 September 2023, consistent with the previous year[128]. - The Company has complied with the Corporate Governance Code, except for the deviation from Code Provision C.2.1 regarding the separation of the roles of chairman and chief executive officer[179]. - The roles of chairman and chief executive officer were not separated during the reporting period, but responsibilities were clearly delineated[181]. Financial Reporting - The condensed consolidated financial statements for the six months ended September 30, 2023, have not been audited but were reviewed by the Audit Committee[188]. - The Group's segment reporting includes three reportable segments, with the measure used for reporting segment profit being gross profit less selling and distribution costs[95].

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佈之內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部 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。 （於百慕達註冊成立之有限公司） 2326 （股份代號： ） 截至二零二三年九月三十日止六個月之 中期業績公佈 中期業績 新源萬恒控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（統 稱為「本集團」）截至二零二三年九月三十日止六個月之未經審核簡明綜合業績， 連同去年同期之比較數字如下： 簡明綜合損益表 截至二零二三年九月三十日止六個月 截至九月三十日止六個月 二零二三年 二零二二年 附註 千港元 千港元 （未經審核） （未經審核） 收益 3(a) 727,786 608,935 銷售成本 (715,339) (603,569) 毛利 12,447 5,366 ...

Financial Performance - Revenue for the year ended March 31, 2023, was HK$1,888,298, a significant increase from HK$262,229 in 2022, representing a growth of approximately 620%[5] - Gross profit for the same period was HK$19,108, compared to HK$10,908 in 2022, resulting in a gross profit margin of 1.0%, down from 4.2%[5] - The profit attributable to owners of the Company for the year was HK$1,842, a turnaround from a loss of HK$5,452 in the previous year[5] - The Group's revenue increased from approximately HK$262,229,000 for the year ended 31 March 2022 to approximately HK$1,888,298,000 for the year ended 31 March 2023, representing an increase of approximately 6.2 times[39] - The gross profit for the Group rose by approximately 75.2%, from approximately HK$10,908,000 in the previous year to HK$19,108,000 in the current year[39] - Revenue from the sourcing and sale of metal minerals and related industrial materials reached approximately HK$1,768,648,000, a significant increase of approximately 9.8 times compared to the previous year[40] - The segment profit for the sourcing and sale of metal minerals was approximately HK$8,546,000, compared to approximately HK$360,000 in the previous year[40] - The production and sale of industrial products generated segment revenue of approximately HK$119,650,000, an increase of approximately 21.1% from approximately HK$98,788,000 in the previous year[41] - The segment profit for the production and sale of industrial products decreased by approximately 2.9% to approximately HK$9,381,000, down from approximately HK$9,662,000 in the previous year[41] - Profit for the year improved from a loss of approximately HK$5,437,000 to a profit of approximately HK$1,337,000[58] Assets and Liabilities - Current assets increased to HK$1,759,370 from HK$569,573, while current liabilities rose to HK$1,315,745 from HK$87,318, leading to a current ratio decrease to 1.34 from 6.52[5][6] - Total equity attributable to owners of the Company decreased to HK$493,206 from HK$531,077[5] - Non-current assets decreased to HK$45,806 from HK$55,446, while non-current liabilities reduced to HK$5,359 from HK$15,677[5] - The net current assets stood at HK$443,625, slightly down from HK$482,255 in the previous year[5] - Trade payables rose significantly to approximately HK$1,280,023,000 from about HK$45,840,000[66] - Trade receivables increased to approximately HK$1,383,652,000 from approximately HK$98,920,000[70] - The equity attributable to owners of the company decreased to approximately HK$493,206,000 as of March 31, 2023, from approximately HK$531,077,000 as of March 31, 2022[71] Management and Strategy - The Company is focusing on market expansion and new product development to drive future growth[5] - The management is optimistic about future performance, aiming to enhance operational efficiency and profitability[5] - The Group is focusing on balancing operations amid a slow economic recovery and high inflation risks[23] - The Group has successfully reduced costs and increased liquidity through asset restructuring and austerity measures, positioning itself to seize upcoming business opportunities[30] - The company continues to focus on enhancing its operational efficiency and governance practices to support long-term growth[104][106] Corporate Governance - The company has a strong governance structure with independent non-executive directors overseeing various committees, including audit and risk management[96][100][102] - The independent non-executive directors have diverse backgrounds, including finance, law, and corporate governance, contributing to the company's strategic oversight[96][99][100] - The company is committed to maintaining high standards of corporate governance and compliance, as evidenced by the qualifications of its directors and management[105][106] - The Group's financial performance and strategic direction will be closely monitored by the Audit and Risk Management Committees[100][102] - The Audit Committee is composed of three independent non-executive directors as of March 31, 2023[200] - The Chairman of the Audit Committee is Mr. Zhang Yilin[200] - The Audit Committee's role includes reviewing financial reporting and internal controls[200] - The establishment of the Audit Committee aligns with best practices in corporate governance[200] Shareholder Information - The Board does not recommend any dividend for the year ended March 31, 2023, consistent with the previous year[117] - The annual general meeting (AGM) is scheduled for August 17, 2023, with a notice to be sent to shareholders[113] - The Group has no distributable reserves as of March 31, 2023, unchanged from the previous year[125] - Donations to charitable organizations by the Group during the year ended March 31, 2023, amounted to nil, consistent with the previous year[126] - At least 25% of the Company's total issued shares is held by the public as of the date of the report[197] Employee Information - As of 31 March 2023, the Group had approximately 122 employees, a decrease from 134 employees as of 31 March 2022[189] - The Group's staff costs, including directors' remuneration, amounted to approximately HK$22,646,000, down from approximately HK$25,489,000 in the previous year[189]

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佈之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份 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。 New Provenance Everlasting Holdings Limited （於百慕達註冊成立之有限公司） 2326 （股份代號： ） 補充公佈 茲提述新源萬恒控股有限公司（「本公司」，連同其附屬公司統稱「本集團」）日期為二零 二三年六月二十七日之公佈（「該公佈」），內容有關截至二零二三年三月三十一日止 年度之全年業績公佈。除非另有定義，本公佈所用詞彙與該公佈所界定者具有相同涵 義。 本公司謹此補充，本集團截至二零二三年三月三十一日止年度之經審核綜合財務報 表，包括本集團所採納的會計原則及政策，已由審核委員會審閱，其後方由董事會按 審核委員會之建議正式批准。 除上述補充資料外，該公佈所載餘下內容維持不變。 承董事會命 ...

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佈之內容概不負責，對 其準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公佈全部或任何部份 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。 New Provenance Everlasting Holdings Limited （於百慕達註冊成立之有限公司） 2326 （股份代號： ） 截至二零二三年三月三十一日止年度之 全年業績公佈 全年業績 新源萬恒控股有限公司（「本公司」）董事會（「董事會」）宣佈本公司及其附屬公司（統稱為 「本集團」）截至二零二三年三月三十一日止年度之經審核綜合業績，連同過往財政年 度之比較數字如下： 綜合損益表 截至二零二三年三月三十一日止年度 二零二三年 二零二二年 附註 千港元 千港元 3(a) 1,888,298 262,229 收益 (1,869,190) (251,321) 銷售成本 ...

Financial Performance - The company reported a significant increase in revenue, achieving a total of HK$XX million, representing a YY% growth compared to the previous period[4]. - For the six months ended 30 September 2022, the Group's revenue increased approximately 5.9 times to approximately HK$608,935,000 from approximately HK$88,604,000 for the same period in 2021[15]. - Revenue for the six months ended September 30, 2022, was HK$608,935,000, a significant increase from HK$88,604,000 in the same period of 2021, representing a growth of approximately 687%[60]. - Revenue from the sourcing and sale of metal minerals and related industrial materials was approximately HK$537,824,000, representing a significant increase of approximately 14.7 times compared to approximately HK$34,294,000 in the prior year[16]. - Revenue from the production and sale of industrial products increased by approximately 30.9% to approximately HK$71,111,000 from approximately HK$54,310,000[22]. - Total reportable segment profit for the six months ended 30 September 2022 was HK$4,751,000, up from HK$3,990,000 in 2021, indicating a 19.1% growth[124]. Profitability and Loss - Gross profit for the same period increased by approximately 25% to approximately HK$5,366,000 from approximately HK$4,294,000 in the previous year[15]. - Segment profit for the metal minerals business increased to approximately HK$1,707,000 from approximately HK$64,000 in the previous year[16]. - Segment profit for the industrial products business decreased by approximately 22.5% to approximately HK$3,044,000 due to increased production costs[22]. - The loss for the period was approximately HK$2,131,000, representing a decrease of approximately 32.2% compared to the last corresponding period[35]. - The total comprehensive loss for the period was HK$58,286,000, compared to a comprehensive income of HK$6,264,000 in the same period of 2021[64]. - Loss before taxation for the six months ended 30 September 2022 was HK$1,575,000 compared to a loss of HK$3,140,000 in the same period of 2021, representing a 49.8% improvement[140]. Cost Management - Cost management strategies have been implemented, aiming to reduce operational expenses by GG% over the next year[4]. - The company has successfully reduced costs through asset restructuring and austerity measures, enhancing liquidity to seize upcoming business opportunities[58]. - Administrative expenses increased by approximately 22% to approximately HK$8,189,000 from approximately HK$6,711,000[25]. - Finance costs decreased to approximately HK$347,000 from approximately HK$467,000 in the previous year[30]. - Total staff costs for the period were HK$11,231,000, down from HK$12,457,000 in 2021, indicating a reduction of 9.8%[130]. Market Outlook and Strategy - The company provided a positive outlook for the next quarter, projecting a revenue growth of BB% based on current market trends and user engagement[4]. - New product launches are expected to contribute to revenue, with an estimated impact of CC million in the upcoming fiscal year[4]. - Market expansion plans include entering EE new regions, which are anticipated to enhance market share by FF%[4]. - The company is considering strategic acquisitions to bolster its portfolio, with potential targets identified in the industry[4]. - Future guidance indicates a focus on sustainability initiatives, with plans to reduce carbon emissions by HH% by 2025[4]. Assets and Liabilities - As of 30 September 2022, the Group's current assets were approximately HK$990,713,000, an increase of 73.8% from approximately HK$569,573,000 as of 31 March 2022[38]. - Trade payables increased significantly to approximately HK$512,853,000 as of 30 September 2022, compared to approximately HK$45,840,000 as of 31 March 2022[40]. - The current ratio decreased to 1.77 as of 30 September 2022, down from 6.52 as of 31 March 2022[39]. - Total current assets amounted to HK$1,687,351,000, a decrease from HK$1,130,000,000 as of March 31, 2022, reflecting a significant decline in inventories and trade receivables[67]. - Net current assets decreased to HK$431,150,000 from HK$482,255,000, indicating a reduction of approximately 10.6%[69]. Shareholder Information and Governance - The total issued share capital of the company was 21,084,072,140 shares as of September 30, 2022[188]. - The existing share option scheme expired on 26 August 2022, with no share options granted, exercised, cancelled, or lapsed during the period[177]. - The company confirmed that there has been no material adverse change in its financial or trading position since the end of the reporting period[166]. - The company has undergone significant changes in its board composition, impacting governance and management structure[198]. - Mr. Ho Yu-shun was appointed as the CEO and chairman of the Board effective October 1, 2022, after serving as deputy CEO since September 1, 2022[195].

Financial Performance - Revenue for the year ended March 31, 2022, was HK$262,229,000, a decrease of 56.4% from HK$601,950,000 in 2021[9] - Gross profit for the year was HK$10,908,000, slightly down from HK$11,066,000 in the previous year[9] - Loss for the year from continuing operations was HK$5,437,000, an improvement compared to a loss of HK$14,990,000 in 2021[9] - Loss per share for the year was HK$0.026, compared to HK$0.180 in 2021, reflecting a reduction in losses[9] - The Group's revenue decreased from HK$601,950,000 for the year ended 31 March 2021 to HK$262,229,000 for the year ended 31 March 2022, representing a decrease of approximately 56.4%[38] - Revenue from the sourcing and sale of metal minerals and related industrial materials dropped significantly by approximately 66.8%, from HK$492,528,000 in the previous year to HK$163,441,000[39] - The segment profit for the sourcing and sale of metal minerals decreased from HK$2,615,000 to HK$360,000, reflecting the decline in revenue[40] - For the production and sale of industrial products, the Group recorded a segment revenue of HK$98,788,000, down approximately 9.7% from HK$109,422,000 in the previous year, while segment profit increased by approximately 26.2% to HK$9,662,000[46] - The Group's administrative expenses decreased by approximately 27.2%, from HK$18,684,000 in the previous year to HK$13,601,000[52] - Other net income for the year ended 31 March 2022 was HK$2,057,000, a slight decrease of approximately 8.1% compared to HK$2,238,000 in the previous year[48] Financial Position - Total equity attributable to owners of the Company increased to HK$531,077,000 from HK$514,171,000 in 2021[9] - Current assets decreased to HK$569,573,000 from HK$917,156,000, while current liabilities decreased significantly from HK$451,921,000 to HK$87,318,000[9] - The current ratio improved to 6.52 from 2.03 in the previous year, indicating better liquidity[9][10] - Non-current assets decreased to HK$55,446,000 from HK$60,610,000, indicating a decline in long-term investments[9] - The total equity increased by 3.4% from the previous year, reflecting a stable financial position despite operational challenges[9] - Trade payables decreased to HK$45,840,000 as of 31 March 2022, down from HK$409,568,000 as of 31 March 2021[68] - Trade receivables also decreased to HK$98,920,000 as of 31 March 2022, compared to HK$519,263,000 as of 31 March 2021[68] - The Group's current assets as of 31 March 2022 were HK$569,573,000, a decrease from HK$917,156,000 as of 31 March 2021[68] - The loss attributable to owners of the Company for the year ended 31 March 2022 was HK$5,452,000, compared to a loss of HK$37,907,000 in the previous year, resulting in a basic loss per share of HK0.026 cent[64] Operational Challenges - The Group's principal business faced significant challenges due to the COVID-19 pandemic, which severely disrupted global supply chains and increased logistic costs[24] - The Group's performance was negatively affected by raw material shortages and increased logistic costs due to supply chain disruptions[21] - The ongoing COVID-19 pandemic continues to create uncertainties in the Group's operating environment, potentially impacting operations and financial position[71] - The management is closely monitoring the impact of the pandemic and will take necessary measures to mitigate its effects on the business[71] - The Group's business model has had to adapt to the "new normal" of changing epidemic control measures, including lockdowns and travel restrictions[21] Strategic Initiatives - The Group implemented asset restructuring and austerity measures, successfully reducing cost burdens and enhancing balance sheet liquidity[25] - Sufficient capital and resources have been reserved to capture business opportunities following the anticipated recovery of economic activities[25] - The overall unit cost of production decreased due to efficiency enhancements, leading to increased profit contributions from the Waste Recycling Company compared to the previous financial year[22] - The management believes the Group is now one step ahead of its peers in terms of preparedness for economic recovery[25] - The management is focused on exploring sustainable business opportunities to enhance shareholder returns[30] - The Group anticipates significant growth in demand for metal minerals, particularly Lithium, Nickel, and Manganese, driven by the increasing demand for electric vehicles[30] Governance and Compliance - The Company is an investment holding entity, indicating a focus on strategic investments in its subsidiaries[106] - The Company has a structured governance framework with various committees overseeing risk management and audit functions[95] - The Company has adhered to the Corporate Governance Code, except for one provision that will be discussed in the Corporate Governance Report[194] - The Group's operations complied with all relevant laws and regulations in the PRC and Hong Kong during the year ended March 31, 2022[184] - The Group has complied with all relevant laws and regulations in Hong Kong and mainland China as of the reporting date[188] Shareholder Information - For the year ended March 31, 2022, the Board does not recommend any dividend payment, consistent with the previous year[108] - The annual general meeting is scheduled for September 16, 2022, with a notice to be dispatched to shareholders as required by the Listing Rules[109] - The Company will hold its Annual General Meeting on September 16, 2022[114] - The Board of Directors reported that no dividends are recommended for the year ended March 31, 2022, similar to the previous year[113] - The Company will close its register of members from September 13, 2022, to September 16, 2022, for the upcoming AGM[122] Employee Information - The Group had a total of about 134 employees as of March 31, 2022, with staff costs amounting to HK$25,489,000, a decrease from HK$26,239,000 in the previous year[185] - The total employee cost, including director remuneration, was HKD 25,489,000 for the year ended March 31, 2022, compared to HKD 26,239,000 for the previous year, reflecting a decrease of approximately 2.85%[189] - The Group is committed to providing comprehensive employee benefits, training, and development opportunities to attract and retain talent[187] - The determination of director emoluments considers their responsibilities and contributions, referencing market conditions[192] - The Group maintains close relationships with employees, customers, and suppliers to enhance service quality and gather feedback[187]

Financial Performance - For the six months ended September 30, 2021, the Group recorded a revenue of HK$88,604,000, a decrease of approximately 73.7% compared to HK$336,262,000 for the same period in 2020[17]. - The group's revenue decreased from HK$336,262,000 for the six months ended September 30, 2020, to HK$88,604,000 for the six months ended September 30, 2021, representing a decline of approximately 73.7%[20]. - Revenue from the sourcing and sale of metal minerals and related industrial materials significantly decreased by approximately 88.0%, from HK$286,335,000 in the prior year to HK$34,294,000 in the current period[18]. - Revenue from the production and sale of industrial products business recorded a segment revenue of HK$54,310,000 for the six months ended September 30, 2021, an increase of approximately 8.8% from HK$49,927,000 in the previous year[23]. - Loss for the period from continuing operations decreased from HK$17,432,000 to HK$3,144,000 for the respective periods[36]. - The loss for the period attributable to owners of the Company was HK$3,140,000, a significant improvement from a loss of HK$40,423,000 in the corresponding period last year, representing a basic loss per share of HK0.015 compared to HK0.192 last year[46]. - Loss before taxation decreased to HK$2,083,000 from HK$16,750,000, reflecting improved operational efficiency[100]. - The company reported a net loss of HK$40,423,000 for the six months ended 30 September 2021, compared to a loss of HK$56,758,000 in the same period of 2020, indicating an improvement in financial performance[116]. Profitability and Costs - The Group's gross profit increased by approximately 59.2%, rising from HK$2,697,000 for the six months ended September 30, 2020, to HK$4,294,000 for the same period in 2021[17]. - The gross profit increased from HK$2,697,000 for the six months ended September 30, 2020, to HK$4,294,000 for the six months ended September 30, 2021, an increase of approximately 59.2%[20]. - Other net income for the six months ended September 30, 2021, was HK$2,713,000, a turnaround from a net loss of HK$7,789,000 in the same period last year[29]. - Administrative expenses decreased by approximately 38.3%, from HK$10,880,000 to HK$6,711,000 for the respective periods[31]. - Finance costs increased by approximately 126.7%, from HK$206,000 to HK$467,000 for the six months ended September 30, 2021[35]. - The cost of inventories for the six months ended September 30, 2021, was HK$84,310,000, a decrease from HK$333,565,000 in 2020[178]. - Depreciation for property, plant, and equipment was HK$3,213,000 for the six months ended September 30, 2021, down from HK$4,830,000 in 2020[178]. Assets and Liabilities - As of 30 September 2021, the Group's current assets were HK$562,659,000, down from HK$917,156,000 as of 31 March 2021, with cash and bank balances at HK$4,646,000 compared to HK$7,518,000 last year[47]. - The Group's current ratio improved to 6.51 as of 30 September 2021, compared to 2.03 as of 31 March 2021, indicating a healthier liquidity position[48]. - Trade payables decreased to HK$40,095,000 as of 30 September 2021 from HK$409,568,000 at the end of the previous fiscal year, while trade receivables fell to HK$136,998,000 from HK$519,263,000[52]. - The Group's equity attributable to owners of the Company increased slightly to HK$520,532,000 as of 30 September 2021, compared to HK$514,171,000 as of 31 March 2021, showing stability in the equity position[52]. - Current assets totaled HK$562,659,000, down from HK$917,156,000 as of March 31, 2021, reflecting a decrease of approximately 38.8%[108]. - Non-current assets, including property, plant, and equipment, decreased to HK$29,913,000 from HK$31,802,000, a decline of approximately 5.9%[108]. - Total assets less current liabilities rose to HK$532,455,000 from HK$525,845,000, indicating a slight increase of about 1.2%[110]. Operational Challenges and Strategic Focus - The Group has faced significant challenges due to the COVID-19 pandemic, resulting in raw material shortages and increased logistics costs, negatively impacting business performance during the review period[66]. - Following the rollout of COVID-19 vaccination programs, there has been a rebound in demand for consumables, leading to container shortages and increased logistics costs, which have severely affected the Group's sourcing and sale of metal minerals[67]. - The Group continues to implement a prudent financial management policy to protect shareholders' interests and is exploring financing activities to support ongoing operations and business expansion[52]. - The Group aims to reserve sufficient capital and resources to capture forthcoming business opportunities, indicating a strategic focus on future growth despite past challenges[59]. - The Group has successfully implemented asset restructuring and cost-cutting measures to improve liquidity and reduce cost burdens[64]. - The Group continues to explore and capture business opportunities to enhance shareholder returns continuously[68]. Governance and Management - Ms. Sun has extensive management experience in the trading business sector, having served as senior management for several trading companies in China[79]. - Mr. Cheung is a member of the American Institute of Certified Public Accountants and serves as an independent non-executive director for multiple companies, enhancing the board's expertise[88]. - The company has a diverse board with members having backgrounds in accounting, finance, and risk management, which strengthens its strategic decision-making capabilities[83]. - The company emphasizes the importance of risk management and governance through its committee structures, which include Audit, Remuneration, and Risk Management Committees[92]. - The independent non-executive directors bring a wealth of knowledge from various industries, contributing to the company's strategic direction and oversight[88]. Market Outlook - The Group has established strong business relationships with leading mine owners, focusing on metals primarily used in steel and electric vehicle battery production[68]. - The global construction activities are expected to rebound significantly, particularly in China, India, and the United States, which will drive demand for the minerals traded by the Group[68]. - Consumption of specific minerals like Nickel, Manganese, and Cobalt is projected to grow exponentially over the next decade due to rising demand for electric vehicles, presenting significant opportunities for the Group[68].

新浪酱吃 控 股 有 限 公 司 New Provenance Everlasting Holdings Limited (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 2326 Annual Report 年報 2020/21 CONTENTS 目 錄 | --- | --- | |---------------------------------------------------------|----------------------------| | | | | CONTENTS | | | 目 錄 | | | Abbreviations | 簡稱 | | Financial Highlights | 財務摘要 | | Corporate Information | 公司資料 | | Chairman's Statement | 主席報告 | | Business Review | 業務回顧 | | Biographical Details of Directors and Senior ...

新浪為吃 控 股 有 限 公 司 New Provenance Everlasting Holdings Limited (Incorporated in Bermuda with limited liability 於百慕達註冊成立之有限公司) Stock Code 股份代號: 2326 Interim Report 中期報告 2020/2021 CONTENTS 目錄 CONTENTS 目錄 | --- | --- | |------------------------------------------------------------------------------------|------------------------------| | | | | Abbreviations | 簡稱 | | Corporate Information | 公司資料 | | Management Discussion and Analysis | 管理層討論及分析 | | Biographical Details of Directors and Senior Management | 董事及高級管理人 ...