Financial Performance - The total revenue for the year decreased by approximately 59.4% to about HKD 150.5 million from approximately HKD 370.7 million in 2021[14]. - The gross loss increased by approximately 2.8% to about HKD 113.9 million, primarily due to inventory provisions of approximately HKD 127.3 million recorded during the year[14]. - The group recorded a loss attributable to equity holders of approximately HKD 231.4 million for the year, compared to a loss of about HKD 197.0 million in 2021, resulting in a basic loss per share of approximately HKD 0.3741[17]. - The group's cash and bank balances as of December 31, 2022, were HKD 7.7 million, down from HKD 11.0 million in 2021[19]. - The group had no interest-bearing bank loans due within one year as of December 31, 2022, compared to HKD 74.9 million in 2021[21]. Cost Management - The company will continue to implement tightened cost control measures to improve business operations and mitigate risks[11]. - The group's sales and distribution expenses decreased by approximately 37.5% from about HKD 8.0 million in 2021 to about HKD 5.0 million in the current year, consistent with the decline in sales[15]. - General and administrative expenses reduced by approximately 23.8% from about HKD 69.4 million in 2021 to about HKD 52.9 million in the current year, primarily due to decreases in compensation and research and development expenses[15]. - The group's financial costs decreased by approximately 22.4% from about HKD 7.6 million in 2021 to about HKD 5.9 million in the current year, mainly due to the full repayment of bank loans during the year[15]. Operational Challenges - The company faced challenges including material price fluctuations, rising labor costs, semiconductor supply shortages, and intensified market competition[6]. - The company believes that the measures taken will help enhance future operational performance despite the current challenges[10]. - The company aims to maintain a prudent approach to resource allocation in response to market changes and challenges[6]. Management and Governance - Mr. Li Jing'an was appointed as the executive director and company secretary on December 2, 2022, responsible for financial and strategic planning[40]. - The company has a strong management team with over 35 years of cumulative experience in the electronics and electrical industry, led by Mr. Wang Yanan[43]. - The company emphasizes compliance with board procedures and efficient board activities, with Mr. Li Jing'an ensuring timely dissemination of relevant documents[51]. - The board consists of seven members, including three executive directors, one non-executive director, and three independent non-executive directors[61]. - The company has complied with the corporate governance code throughout the year ended December 31, 2022[56]. Risk Management - The board is responsible for maintaining an effective risk management and internal control system to protect the group's assets and shareholders' interests, with annual reviews conducted[94]. - An independent consultant was appointed to review the internal control system, concluding that the group's risk management and internal control systems are adequate and effective[94]. - The company has established risk management procedures to identify, assess, and manage significant risks, addressing major internal control deficiencies[98]. - Risk assessments are based on the severity of financial performance impacts and the likelihood of risk occurrence[99]. Shareholder Relations - The company is committed to maintaining effective communication with shareholders to enhance investor relations[118]. - The group did not recommend the payment of any dividends for the year ended December 31, 2022[124]. - The company has adopted a dividend policy on January 2, 2019, emphasizing the maintenance of sufficient cash reserves for operational needs and future growth[93]. Capital Expenditures and Investments - Capital expenditures for the year amounted to approximately HKD 1.4 million, down from HKD 6.5 million in 2021, primarily for the acquisition and expansion of properties, plants, and equipment[29]. - The company has committed 46.2% of the proceeds, or HKD 22.4 million, for capital expenditures on additional production facilities and machinery[185]. - The company plans to allocate approximately HKD 7.0 million for employee costs, HKD 16.0 million for payments to suppliers, and HKD 2.7 million for general working capital from the net proceeds[186]. Employee and Director Compensation - Senior management compensation ranged from zero to HKD 500,000 for three individuals in 2022, compared to three individuals in the HKD 500,001 to 1,000,000 range in 2021[128]. - The board regularly reviews employee compensation to attract and retain talent, emphasizing the importance of maintaining good relationships with customers and suppliers[135]. Environmental and Compliance - The group has established compliance procedures to ensure adherence to applicable environmental laws and regulations[131]. - The board believes that compliance with laws and regulations is fundamental to business operations, and the group has adhered to relevant laws impacting its operations[134].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責，對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或 任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 TONGDA HONG TAI HOLDINGS LIMITED 通達宏泰控股有限公司 （於開曼群島註冊成立之有限公司） （股份代號：2363） 截至2022年12月31日止年度全年業績公告 摘要 ‧ 本集團2022年的收入為約150.5百萬港元，較2021年的收入約370.7百萬港 元下降約59.4%。 ‧ 相較2021年約197.0百萬港元，2022年本公司權益持有人應佔淨虧損達約 231.4百萬港元。 ‧ 2022年每股基本虧損約為37.41港仙（2021年：85.38（經重列）港仙）。 ‧ 董事會不建議就截至2022年12月31日止年度派付任何股息（2021年：無）。 ...

Financial Performance - The company's revenue decreased by approximately 51.1% from about HKD 167.8 million in the previous year to about HKD 82.0 million during the period[10]. - The group reported a total revenue of HKD 81.967 million for the six months ended June 30, 2022, a decrease of 51.1% compared to HKD 167.772 million for the same period in 2021[19]. - The group incurred a loss before tax of HKD 29.822 million for the six months ended June 30, 2022, compared to a loss of HKD 44.521 million for the same period in 2021, indicating a 33.2% improvement[19]. - The company reported a net loss of approximately HKD 29.8 million for the six months ended June 30, 2022, compared to a loss of approximately HKD 44.5 million in the same period of 2021[34]. - The group’s net loss attributable to equity holders for the period was HKD 29.822 million, compared to HKD 44.521 million in the previous year, marking a reduction of 33.2%[20]. - The group reported a pre-tax loss of HKD 77,340,000 for the six months ended June 30, 2022, compared to HKD 165,845,000 for the same period in 2021, indicating a reduction of approximately 53%[45]. Profitability and Margins - Gross profit margin improved from 1.2% in the previous year to 5.6% during the period, with gross profit increasing from approximately HKD 1.9 million to about HKD 4.6 million[10]. - The gross profit for the period was HKD 4.627 million, representing a significant increase from HKD 1.927 million in the previous year[19]. Expenses and Cost Management - Sales and distribution expenses decreased by approximately 44.1% from about HKD 4.2 million to about HKD 2.4 million[13]. - General and administrative expenses decreased by approximately 27.2% from about HKD 35.1 million to about HKD 25.6 million[13]. - Financial costs decreased by approximately 55.0% from about HKD 2.9 million to about HKD 1.3 million due to a reduction in average loan balances[15]. - Employee compensation for the period totaled approximately HKD 25.4 million, down from HKD 30.6 million for the same period in 2021, reflecting a reduction in workforce from 707 to 358 permanent employees[18]. - Research and development costs decreased to HKD 9,079,000 in 2022 from HKD 12,188,000 in 2021, reflecting a decline of about 25%[45]. - The total remuneration paid to key management personnel was HKD 2,008,000 for the six months ended June 30, 2022, down from HKD 2,708,000 in the previous year, reflecting a reduction of about 26%[68]. Cash Flow and Liquidity - Operating cash flow for the six months ended June 30, 2022, was HKD 15,636,000, an increase of 80.5% compared to HKD 8,652,000 in 2021[29]. - Net cash flow from operating activities increased to HKD 14,313,000 from HKD 5,934,000, representing a 141.5% rise year-over-year[29]. - Net cash flow used in investing activities improved to HKD (920,000) from HKD (4,082,000), a reduction of 77.6%[29]. - Cash and cash equivalents decreased to HKD 7,338,000 from HKD 10,520,000, reflecting a decline of 30.8%[31]. - The company has not utilized approximately HKD 112.7 million in bank financing as of June 30, 2022, indicating potential liquidity support[36]. Assets and Liabilities - The total liabilities as of June 30, 2022, amounted to HKD 319.324 million, a decrease from HKD 465.370 million as of December 31, 2021[22]. - The total current assets decreased to HKD 277.063 million as of June 30, 2022, from HKD 387.493 million as of December 31, 2021[22]. - The group’s asset-to-equity ratio was approximately 2,028.0% as of June 30, 2022, significantly higher than 637.6% as of December 31, 2021[17]. - As of June 30, 2022, the company's current liabilities net amounted to approximately HKD 42.3 million, down from HKD 77.9 million as of December 31, 2021[34]. - The group’s inventory decreased to HKD 172,852,000 as of June 30, 2022, from HKD 183,582,000 as of December 31, 2021, indicating a reduction of about 6%[56]. - Total trade receivables amounted to HKD 75,377,000, a significant decrease from HKD 172,057,000 as of December 31, 2021, representing a decline of about 56%[56]. Shareholder Information - Landmark Worldwide Holdings Limited holds 346,863,814 shares, representing 50.95% of the total shares[81]. - E-Growth Resources Limited owns 22,200,000 shares, all beneficially owned by Mr. Wang Ya Nan[79]. - The company completed a rights issue, issuing 453,831,276 new shares at a subscription price of HKD 0.133 per share[87]. - The net proceeds from the rights issue, after deducting estimated expenses, amounted to approximately HKD 25.7 million[91]. - As of June 30, 2022, approximately HKD 42.9 million of the net proceeds from the listing has been utilized[93]. - The company plans to allocate the net proceeds for employee costs (approximately HKD 7.0 million), payments to suppliers (approximately HKD 16.0 million), and general working capital (approximately HKD 2.7 million)[91]. Corporate Governance - The company has adhered to all applicable corporate governance code provisions as per the listing rules[97]. - The audit committee consists of three independent non-executive directors, chaired by Ms. Leung Pik Kwan[98]. - The board of directors includes three executive directors and three independent non-executive directors[103]. - The company has adopted a code of conduct for securities trading that meets or exceeds the standard code requirements[100]. Market Outlook - Market demand for laptops is expected to gradually recover as the pandemic eases, with a slowdown in excess shipments anticipated in the coming year[12]. - The company is actively monitoring the impact of the COVID-19 pandemic on operations and adjusting sales and marketing strategies accordingly[36]. Other Information - The group did not declare any interim dividends for the period, consistent with the previous year[51]. - The company does not recommend the payment of an interim dividend for the period, consistent with the previous year where no dividend was paid[77]. - The company has no significant contingent liabilities as of June 30, 2022, indicating a stable risk profile[65]. - No significant events affecting the company or its subsidiaries occurred after the financial period that require disclosure in this report[101]. - The interim report will be published on the Hong Kong Stock Exchange and the company's website[102].

Financial Performance - The total revenue for the year decreased by approximately 21.5% to about HKD 370.7 million, down from approximately HKD 472.4 million in 2020[14] - The gross loss increased by approximately 536.8% to about HKD 110.8 million, primarily due to inventory provisions of about HKD 109.1 million recorded during the year[14] - The loss attributable to equity holders of the company was approximately HKD 197.0 million, compared to a loss of approximately HKD 165.3 million in 2020[18] - Basic loss per share attributable to equity holders was approximately HKD 0.9196, compared to approximately HKD 0.8739 in 2020[18] - The group employed 536 permanent staff as of December 31, 2021, a decrease from 719 employees in 2020[36] Expenses and Costs - Sales and distribution expenses decreased by approximately 12.1% to about HKD 8.0 million, consistent with the decline in sales[15] - General and administrative expenses increased by approximately 6.0% to about HKD 69.4 million, attributed to higher salaries and research and development costs[15] - Financial costs decreased by approximately 28.3% to about HKD 7.6 million, mainly due to a reduction in average bank borrowings during the year[15] - Other income increased by approximately 55.0% to about HKD 3.1 million, driven by an increase in waste sales[15] - The net other operating expenses decreased by approximately 93.2% to about HKD 4.4 million, with no impairment losses recorded during the year[15] Financial Position - As of December 31, 2021, the group's cash and bank balances were HKD 11.0 million, down from HKD 34.9 million in 2020[20] - The group's current ratio as of December 31, 2021, was 0.83, compared to 1.25 in 2020[28] - The debt-to-equity ratio was 637.6% as of December 31, 2021, significantly up from 163.8% in 2020[29] - The average turnover days for trade receivables increased to 205.1 days in 2021 from 193.7 days in 2020[26] Capital Expenditures and Investments - Capital expenditures for the year were approximately HKD 6.5 million, down from HKD 9.6 million in 2020, primarily for property, plant, and equipment[30] - The company plans to invest more in capital expenditures focusing on mold development resources, production equipment, and automation in the foreseeable future[30] Corporate Governance - The company appointed Mr. He Junsheng as the Chief Financial Officer and Company Secretary on October 8, 2021, who has over 8 years of experience in auditing, accounting, and finance[53] - The board consists of seven members, including three executive directors, one non-executive director, and three independent non-executive directors, ensuring compliance with listing rules[62] - The company has adopted the corporate governance code as the basis for its governance practices, ensuring high standards of corporate governance[56] - All independent non-executive directors confirmed their independence according to the listing rules, ensuring compliance with governance standards[71] - The company has a structured approach to board member training, ensuring all directors are well-informed about their responsibilities and relevant regulations[79] Risk Management - The board is responsible for maintaining effective risk management and internal control systems, which were reviewed during the year, concluding that the systems are adequate and effective[93] - Senior management is tasked with designing, implementing, and maintaining effective risk management and internal control systems, identifying and managing potential operational risks[98] - Risk assessments are conducted based on the severity of the impact on financial performance and the likelihood of occurrence[99] Shareholder Information - The largest customer accounted for approximately 25.8% of total revenue, while the top five customers represented 77.4%[38] - The company has a sufficient public float, with at least 25% of the total issued share capital held by the public as of the report date[172] - The company confirms compliance with the disclosure requirements under Chapter 14A of the Listing Rules regarding related party transactions[158] Environmental and Social Responsibility - The group is committed to environmental protection and sustainable development, adhering to multiple environmental laws and regulations in China[127] - The company has not incurred any significant environmental costs or faced any major environmental incidents during the reporting period[127] Future Outlook - The company provided guidance for the next quarter, expecting revenue to be between $A million and $B million, indicating a projected growth rate of C%[51] - New product launches are anticipated, with the introduction of D product expected to drive additional revenue streams starting in Q1 of next year[51] - Market expansion plans include entering F new markets, which are projected to contribute an additional $G million in revenue over the next two years[51] - The company is considering strategic acquisitions to enhance its market position, with potential targets identified in the H sector[51] Audit and Compliance - The independent auditor's report provides reasonable assurance that the financial statements are free from material misstatement due to fraud or error[192] - The audit committee assists the board in executing its responsibilities regarding the risk management and internal control systems, reviewing their effectiveness at least annually[97]

中期報告 目錄 | 公司資料 | 2 | | --- | --- | | 有關前瞻性陳述的警告陳述 | 4 | | 管理層討論及分析 | 5 | | 簡明綜合收益表 | 9 | | 簡明綜合全面收益表 | 10 | | 簡明綜合財務狀況表 | 11 | | 簡明綜合權益變動表 | 13 | | 簡明綜合現金流量表 | 15 | | 簡明綜合中期財務報表附註 | 17 | | 補充資料 | 34 | 1 通達宏泰控股有限公司 中期報告2021 公司資料 董事會 執行董事 王明利先生 （行政總裁） 王亞榆先生 王明志先生 非執行董事 王亞南先生 （主席） 獨立非執行董事 梁碧君女士 孫偉康先生 胡健生先生 審核委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 薪酬委員會 法定代表 王亞南先生 王明利先生 主要往來銀行 香港上海滙豐銀行有限公司 恒生銀行有限公司 渣打銀行（香港）有限公司 中國： 滙豐銀行（中國）有限公司 常熟支行 大華銀行（中國）有限公司 蘇州分行 中國建設銀行 常熟分行 上海浦東發展銀行 常熟分行 通達宏泰控股有限公司 中期報告2021 2 梁碧君女士 （主席） 孫偉康先生 胡健生先生 提名 ...

目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論及分析 | 4 | | 董事及高級管理人員履歷 | 9 | | 企業管治報告 | 13 | | 董事會報告 | 25 | | 獨立核數師報告 | 37 | | 綜合收益表 | 42 | | 綜合全面收益表 | 43 | | 綜合財務狀況表 | 44 | | 綜合權益變動表 | 45 | | 綜合現金流量表 | 46 | | 財務報表附註 | 48 | | 五年財務資料概要 | 104 | 1 通達宏泰控股有限公司 年報2020 公司資料 董事會 執行董事 王明利先生 （行政總裁） 王亞榆先生 王明志先生 非執行董事 王亞南先生 （主席） 獨立非執行董事 梁碧君女士 孫偉康先生 胡健生先生 審計委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 薪酬委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 提名委員會 王亞南先生 （主席） 梁碧君女士 孫偉康先生 胡健生先生 陳斑斑先生 （於2020年2 月 7日辭任） 譚希立先生 （於2020年2 月 7日獲委任） 核數師 安永會計師事務所 註冊公眾利益實體核數師 ...

| 公司資料 | 2 | | --- | --- | | 有關前瞻性陳述的警告陳述 | 4 | | 管理層討論及分析 | 5 | | 簡明綜合收益表 | 9 | | 簡明綜合全面收益表 | 10 | | 簡明綜合財務狀況表 | 11 | | 簡明綜合權益變動表 | 13 | | 簡明綜合現金流量表 | 15 | | 簡明綜合中期財務報表附註 | 17 | 補充資料 33 1 通達宏泰控股有限公司 中期報告2020 公司資料 董事會 目錄 執行董事 王明利先生 （行政總裁） 王亞榆先生 王明志先生 非執行董事 王亞南先生 （主席） 獨立非執行董事 梁碧君女士 孫偉康先生 胡健生先生 審核委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 薪酬委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 提名委員會 王亞南先生 （主席） 梁碧君女士 孫偉康先生 胡健生先生 主要往來銀行 香港上海滙豐銀行有限公司 恒生銀行有限公司 渣打銀行（香港）有限公司 中國： 滙豐銀行（中國）有限公司 常熟支行 三菱東京日聯銀行（中國）有限公司 蘇州分行 大華銀行（中國）有限公司 蘇州分行 中國建設銀行 常熟分行 上海浦東發展銀行 ...

目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論及分析 | 4 | | 董事及高級管理人員履歷 | 9 | | 企業管治報告 | 13 | | 董事會報告 | 25 | | 獨立核數師報告 | 37 | | 綜合收益表 | 43 | | 綜合全面收益表 | 44 | | 綜合財務狀況表 | 45 | | 綜合權益變動表 | 46 | | 綜合現金流量表 | 47 | | 財務報表附註 | 49 | | 五年財務資料概要 | 108 | 通達宏泰控股有限公司 年報2019 1 公司資料 董事會 執行董事 王明利先生 （行政總裁） 王亞榆先生 王明志先生 非執行董事 王亞南先生 （主席） 獨立非執行董事 梁碧君女士 孫偉康先生 胡健生先生 審計委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 薪酬委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 提名委員會 王亞南先生 （主席） 梁碧君女士 孫偉康先生 胡健生先生 公司秘書 林少華女士 （於2019年5 月 2日辭任） 陳斑斑先生 （於2019年5 月 2日獲委任，並於 2020年2 月 7日辭任） 譚希 ...

| 目錄 | | --- | | 公司資料 | 2 | | --- | --- | | 有關前瞻性陳述的警告陳述 | 4 | | 管理層討論及分析 | 5 | | 簡明綜合收益表 | 10 | | 簡明綜合全面收益表 | 11 | | 簡明綜合財務狀況表 | 12 | | 簡明綜合權益變動表 | 14 | | 簡明綜合現金流量表 | 16 | | 簡明綜合中期財務報表附註 | 18 | | 補充資料 | 42 | 1 通達宏泰控股有限公司 中期報告2019 公司資料 董事會 執行董事 王明利先生 （行政總裁） 王亞榆先生 王明志先生 非執行董事 王亞南先生 （主席） 獨立非執行董事 梁碧君女士 孫偉康先生 胡健生先生 審核委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 薪酬委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 提名委員會 王亞南先生 （主席） 梁碧君女士 孫偉康先生 胡健生先生 公司秘書 陳斑斑先生 核數師 安永會計師事務所 執業會計師 法定代表 王亞南先生 王明利先生 主要往來銀行 香港： 香港上海滙豐銀行有限公司 恒生銀行有限公司 渣打銀行（香港）有限公司 中國： 滙豐銀行（中國）有 ...

目錄 | 公司資料 | 2 | | --- | --- | | 主席報告 | 3 | | 管理層討論及分析 | 4 | | 董事及高級管理人員履歷 | 9 | | 企業管治報告 | 13 | | 董事會報告 | 25 | | 獨立核數師報告 | 36 | | 綜合收益表 | 41 | | 綜合全面收益表 | 42 | | 綜合財務狀況表 | 43 | | 綜合權益變動表 | 44 | | 綜合現金流量表 | 45 | | 財務報表附註 | 47 | | 五年財務資料概要 | 104 | 通達宏泰控股有限公司 年報2018 1 公司資料 董事會 執行董事 王明利先生 （行政總裁） 王亞榆先生 王明志先生 非執行董事 王亞南先生 （主席） 獨立非執行董事 梁碧君女士 孫偉康先生 胡健生先生 審核委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 薪酬委員會 梁碧君女士 （主席） 孫偉康先生 胡健生先生 王亞南先生 王明利先生 主要往來銀行 香港： 香港上海滙豐銀行有限公司 恒生銀行有限公司 渣打銀行（香港）有限公司 中國： 提名委員會 王亞南先生 （主席） 梁碧君女士 孫偉康先生 胡健生先生 公司秘書 林少華女 ...