Shareholder Eligibility - The company will suspend the transfer of shares from April 29, 2024, to May 29, 2024, to determine shareholder eligibility for the annual general meeting [2]. - Shareholders must submit transfer documents by April 26, 2024, at 4:30 PM to be eligible to attend the annual general meeting [2]. - The announcement clarifies the deadline for shareholders to ensure their voting rights at the upcoming meeting [2].

Financial Performance - Revenue for the year ended December 31, 2023, was RMB 290.6 million, a decrease of 28.7% compared to RMB 407.7 million in 2022[5] - Profit attributable to equity shareholders for the year was RMB 37.5 million, down 44.4% from RMB 67.4 million in 2022[5] - Gross profit margin decreased to 43% from 48% in 2022, a decline of 5 percentage points[5] - Basic earnings per share for the year was RMB 0.14, down RMB 0.20 from RMB 0.34 in 2022[5] - Adjusted EBITDA for the reported segments was RMB 187,236,000 for 2023, down from RMB 267,927,000 in 2022, indicating a decrease of about 30%[24][27] - The company reported a pre-tax profit of RMB 67,988,000 for 2023, down from RMB 140,057,000 in 2022, representing a decline of approximately 51%[24][32] - The gross profit for 2023 was RMB 124.3 million, down 36.2% from RMB 194.8 million in 2022, with a gross margin of 43%, a decrease of 5 percentage points from 48% in 2022[65] Assets and Liabilities - Total assets less current liabilities as of December 31, 2023, were RMB 1,210.9 million, compared to RMB 1,807.3 million in 2022[10] - Non-current assets increased to RMB 1,983.0 million in 2023 from RMB 1,959.7 million in 2022[8] - Current liabilities rose significantly to RMB 1,172.1 million in 2023 from RMB 485.3 million in 2022, indicating increased financial obligations[8] - Reported segment assets increased to RMB 2,353,573,000 in 2023 from RMB 2,262,910,000 in 2022, reflecting a growth of approximately 4%[25] - Reported segment liabilities rose to RMB 1,791,417,000 in 2023 compared to RMB 1,768,180,000 in 2022, marking an increase of about 1.3%[25] - Shareholders' equity rose to RMB 666.3 million in 2023 from RMB 542.7 million in 2022, driven by a profit of RMB 57.9 million and an increase in share capital[68] - Total assets increased to RMB 2,383.0 million in 2023 from RMB 2,292.7 million in 2022, indicating steady growth[68] Revenue Breakdown - Revenue from the sale of aggregate products and others was RMB 215.9 million, down from RMB 283.9 million in 2022[16] - Revenue from the sale of concrete products was RMB 74.7 million, a decrease from RMB 123.8 million in 2022[16] - Total reported segment revenue for the year ended December 31, 2023, was RMB 290,622,000, a decrease from RMB 407,792,000 in 2022, representing a decline of approximately 29%[23][24] - Sales of aggregate products and others amounted to RMB 215.9 million in 2023, down 24.0% from RMB 283.9 million in 2022, due to a 17.9% decrease in average selling price and a 7.2% decrease in sales volume[63] - The sales revenue of ready-mixed concrete was RMB 64.8 million in 2023, a decline of 38.4% from RMB 105.2 million in 2022, attributed to a 16.8% drop in average selling price and a 26.0% decrease in sales volume[63] Expenses - Interest expenses for the year 2023 totaled RMB 62,900,000, down from RMB 71,007,000 in 2022, reflecting a reduction of approximately 11%[27] - Employee costs decreased to RMB 24,514,000 in 2023 from RMB 26,644,000 in 2022, a decline of about 8%[28] - Depreciation and amortization expenses for 2023 were RMB 60,619,000, slightly down from RMB 61,376,000 in 2022, indicating a decrease of about 1.2%[24][29] - Administrative expenses increased by 57.9% to RMB 30.6 million in 2023, primarily due to higher third-party service fees[66] - Financial costs decreased to RMB 62.9 million in 2023 from RMB 71.0 million in 2022, mainly due to reduced interest expenses related to the high-rise mountain project[67] Cash Flow and Capital Management - The company had cash and cash equivalents totaling RMB 73.7 million as of December 31, 2023, an increase of RMB 33.0 million from RMB 40.7 million in 2022, mainly due to the recovery of accounts receivable[69] - The company did not engage in any significant asset acquisitions, sales, mergers, or equity investments during the reporting year[58] - The company’s raw material costs for the year ended December 31, 2023, were RMB 57.5 million, a decrease from RMB 87.2 million in 2022, representing 34.6% of total sales costs compared to 41.0% in 2022[71] Future Plans and Market Outlook - The company plans to pay a final dividend of RMB 0.028 per share for 2023, compared to no dividend in 2022, amounting to a total of RMB 7,392,000[41] - The company plans to increase its annual production capacity from 3.5 million tons to 4.5 million tons in 2024, with a long-term goal of reaching 8 million tons by 2031[76] - The company anticipates strong demand for construction aggregates in Huai Bei and surrounding cities due to upcoming infrastructure projects in 2024[75] - The company will conduct acquisitions in 2024 to expand its asset base and improve revenue and profitability[76] Corporate Governance and Management - The company has adopted corporate governance practices in line with the Hong Kong Stock Exchange's requirements[80] - The board of directors includes Chairman Liu Yong and three executive directors: Qin Jiapeng, Zhao Song, and Lu Junzhe[90] - The company is based in Huai Bei City, Anhui Province, China[90]

Company Listing and Capital Raising - The company successfully listed its H-shares on the Hong Kong Stock Exchange on January 20, 2023[7]. - The company issued 66,000,000 H-shares at a price of HKD 1.91 per share, raising a total of HKD 126,060,000 during the IPO on January 20, 2023[131]. - The net proceeds from the global offering were approximately HKD 78.6 million (equivalent to about RMB 67.9 million), with RMB 70.9 million utilized as of June 30, 2023[51]. Financial Performance - The company's revenue for the reporting period was RMB 151.5 million, a decrease of 26.0% compared to RMB 204.8 million in the same period of 2022[16]. - Sales of aggregate products and others amounted to RMB 106.3 million, down 28.1% year-on-year, with sales volume decreasing by 12.9% from 2,088.9 thousand tons to 1,818.8 thousand tons[18]. - The revenue from ready-mixed concrete sales was RMB 36.6 million, a decline of 25.0%, with sales volume dropping by 12.4% from 104.0 thousand cubic meters to 91.1 thousand cubic meters[19]. - The sales revenue of cement-stabilized crushed stone increased by 43.3% to RMB 2.9 million, driven by a sales volume increase of 54.9% from 17.3 thousand tons to 26.8 thousand tons[21]. - Gross profit decreased by 31.0% to RMB 67.9 million, with a gross margin of 44.8%, down 3.3 percentage points from 48.1% in the same period last year[23]. - Net profit for the reporting period was approximately RMB 23.7 million, a decline of about 46.8% compared to RMB 44.5 million in the same period of 2022[29]. - Operating profit decreased to RMB 64.04 million, compared to RMB 96.02 million in the previous year, reflecting a decline of 33%[73]. - Profit before tax was RMB 30.91 million, down 48% from RMB 58.99 million in the prior year[73]. - Net profit attributable to equity shareholders was RMB 16.43 million, a decrease of 44% from RMB 29.41 million in the same period last year[73]. - Basic and diluted earnings per share were RMB 0.06, down from RMB 0.15 in the previous year[73]. Cash Flow and Liquidity - The company's cash and cash equivalents increased from RMB 40.7 million on December 31, 2022, to RMB 167.7 million on June 30, 2023, mainly due to the maturity of pledged deposits[30]. - Operating cash flow for the six months ended June 30, 2023, was RMB 136,604,000, a significant increase of 85% compared to RMB 73,754,000 in the same period of 2022[84]. - Net cash generated from operating activities reached RMB 125,297,000, up from RMB 51,041,000 in the previous year, reflecting a growth of 145%[84]. - Total cash and cash equivalents increased to RMB 167,683,000 as of June 30, 2023, compared to RMB 534,771,000 at the beginning of the year, indicating a net increase of RMB 123,247,000[84]. Investment and Capital Expenditures - The total investment in the Gaoloushan Phase II project reached RMB 1,175.22 million, with approximately 70% of the project completed as of the report date[13]. - Capital expenditures during the reporting period amounted to approximately RMB 48.5 million, representing an increase of about 14.1% compared to RMB 42.5 million in the same period last year[35]. - Capital expenditures for property, plant, and equipment amounted to RMB 73,488,000 for the six months ended June 30, 2023, significantly higher than RMB 7,173,000 in the same period of 2022[115]. Market Conditions and Business Outlook - Aggregate product prices and concrete product prices significantly decreased due to economic downturn, leading to a decline in performance[7]. - The company believes that demand for aggregate products will continue in the long term due to favorable government policies[12]. - Local government policies have been implemented to stabilize the real estate market, which may positively impact the construction materials industry[10]. - The group plans to increase the production capacity of aggregate products to 8.0 million tons annually starting in the second half of 2023, with a long-term goal of reaching 8.0 million tons by 2031[50]. - The company plans to focus on market expansion and new product development in the upcoming quarters to drive growth[76]. - The company is exploring potential mergers and acquisitions to enhance its market presence and operational capabilities[76]. Debt and Liabilities - As of June 30, 2023, the group had outstanding bank loans of approximately RMB 835.4 million, a decrease from RMB 900.4 million as of December 31, 2022[34]. - The debt-to-asset ratio as of June 30, 2023, was 71.0%, down from 76.3% as of December 31, 2022, primarily due to an increase in equity and repayment of part of the loans[37]. - Total liabilities decreased significantly from RMB 1,264,596 thousand in 2022 to RMB 578,505 thousand in 2023, a reduction of approximately 54.30%[76]. - The company's interest-bearing borrowings decreased to RMB 835,369,000 as of June 30, 2023, from RMB 900,369,000 as of December 31, 2022, a reduction of approximately 7.2%[128]. Employee and Administrative Costs - The total employee cost as of June 30, 2023, was approximately RMB 14.9 million, an increase of about 3.5% from RMB 14.4 million in the same period last year[46]. - Administrative expenses rose to RMB 15.99 million, compared to RMB 13.94 million in the previous year, an increase of 15%[73]. Risks and Contingencies - The group faced various market risks, including raw material price fluctuations and interest rate changes, which could impact competitiveness and profitability[38]. - As of June 30, 2023, the group had no significant contingent liabilities[49]. - The company has no significant post-reporting period events to disclose[138].

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，並明確表示概不會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。 淮北綠金產業投資股份有限公司 （Huaibei GreenGold Industry Investment Co., Ltd.*） （於中華人民共和國註冊成立的股份有限公司） （股份代號：2450） 截至2023年6月30日止6個月中期業績公告 財務概要 • 營業收入為人民幣151.5百萬元，比去年同期的人民幣204.8百萬元下降 26.0%。 • 歸屬於本公司股東的綜合利潤為人民幣16.4百萬元，比去年同期的人民幣 29.4百萬元下降44.1%。 • 毛利率為44.8%，比去年同期48.1%下降3.3個百分點。 • 每股基本盈利為人民幣0.06元，比去年同期人民幣0.15元下降人民幣0.09 元。 • 董事會不建議派發中期股息。 ...

Financial Performance - For the year ended December 31, 2022, the company recorded revenue of approximately RMB 407.71 million, an increase of about 10.09% compared to RMB 370.33 million for the year ended December 31, 2021[6]. - The profit attributable to the owners of the company for the year was approximately RMB 67.41 million, representing a growth of about 4.17% from RMB 64.71 million in the previous year[6]. - The company's operating revenue for the year ended December 31, 2022, was RMB 407.71 million, an increase of 10.09% from RMB 370.33 million in 2021[36]. - The net profit for the year ended December 31, 2022, was approximately RMB 105.06 million, an increase of about 6.24% compared to RMB 98.89 million in 2021[21]. - The gross profit for 2022 was RMB 194.82 million, an increase from RMB 178.35 million in 2021, maintaining a gross margin of 48%[45]. - The company's total sales cost for 2022 was approximately RMB 212.89 million, a 10.89% increase from RMB 191.98 million in 2021[46]. Production and Capacity - The company produced approximately 4.2 million tons of aggregate products during the year, with a projected annual production capacity of 8 million tons starting in 2023[7][8]. - The total production of aggregate products for the year ended December 31, 2022, was 4.2 million tons, an increase of approximately 22.06% compared to the previous year[17]. - The company plans to gradually increase its annual production from 3.5 million tons to 8 million tons by 2031 to meet growing demand for aggregate products[8]. - The estimated mining life of the Gaoloushan mining area is 18 years, with a projected annual production capacity of 8 million tons by 2031[27]. - A new plant is expected to begin trial production in 2023, with a nameplate capacity of 8.0 million tons per year, increasing from 3.5 million tons[76]. Sales and Revenue Breakdown - The sales revenue from aggregate products and others for the year was RMB 283.93 million, up 10.96% from 2021, driven by an increase in sales volume from 3,444.5 thousand tons in 2021 to 4,204.5 thousand tons in 2022[18]. - The sales revenue from ready-mixed concrete for the year was RMB 105.21 million, a 6.91% increase from 2021, with sales volume rising from 202.2 thousand cubic meters to 232.8 thousand cubic meters, a growth of 15.13%[18]. - The sales revenue from cement-stabilized crushed stone was RMB 7.39 million, a significant increase of 65.93%, with sales volume rising from 31.6 thousand tons to 61.8 thousand tons, a growth of 95.57%[20]. Assets and Liabilities - Total assets as of December 31, 2022, were RMB 2,292.65 million, a decrease of 2.04% from RMB 2,340.34 million in 2021[12]. - Total liabilities decreased by 7.06% to RMB 1,749.91 million in 2022 from RMB 1,882.85 million in 2021[12]. - The company's equity attributable to owners increased by 22.16% to RMB 371.53 million in 2022 from RMB 304.12 million in 2021[12]. - The debt-to-asset ratio improved to 76.3% as of December 31, 2022, down from 80.5% in 2021, reflecting a reduction in financing needs[62]. Management and Governance - The company has a strong management team with diverse backgrounds in finance, engineering, and management, enhancing its operational capabilities[91]. - The company is focused on expanding its market presence and improving internal controls through experienced leadership[87]. - The board consists of a balanced mix of executive and independent non-executive directors, with at least three independent non-executive directors, fulfilling the requirement of more than one-third of the board[114]. - The company has established a formal service agreement with both executive and independent non-executive directors, with a term of three years and eligibility for re-election[112]. - The board has the authority to appoint any individual as a director to fill temporary vacancies, with such appointments subject to shareholder approval at the next annual general meeting[121]. Environmental, Social, and Governance (ESG) - The Environmental, Social, and Governance (ESG) Committee was formed on January 17, 2022, to oversee the group's ESG initiatives and ensure compliance with relevant laws and regulations[149]. - The company is committed to controlling greenhouse gas emissions and resource consumption as part of its low-carbon development vision[185]. - The ESG governance framework includes a dedicated committee to guide and oversee the company's ESG efforts[180]. - The company has established a comprehensive ethical and regulatory compliance system, including compliance policies and procedures, self-assessment, and a whistleblower protection mechanism[189]. - The company has implemented a zero-tolerance policy towards corruption, including bribery and fraud, and conducts regular anti-corruption training for employees[160]. Employee and Workplace Diversity - The total employee cost for the group was approximately RMB 27 million in 2022, up from RMB 26 million in 2021, with 152 employees as of December 31, 2022[69]. - The company has a total of 152 employees, with a gender ratio of 89% male to 11% female, indicating a significant decline in female representation[140]. - The board consists of three female members and six male members, achieving a gender diversity representation of 33%[139]. - The Nomination Committee is responsible for implementing the board diversity policy and has set measurable targets for diversity[141]. Future Outlook and Strategy - The company provided a positive outlook for 2023, projecting a revenue growth of 10% to 15% based on current market trends and user engagement metrics[94]. - The company is actively pursuing market expansion strategies, targeting new regions with a projected increase in market share of 5% over the next year[94]. - Ongoing research and development efforts are focused on new technologies, with an investment of 2 million allocated for the upcoming fiscal year[94]. - The management team emphasized the importance of maintaining operational efficiency, aiming for a cost reduction of 8% in the next fiscal year[94].

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，並明確表示概不會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。 淮 北 綠 金 產 業 投 資 股 份 有 限 公 司 （Huaibei GreenGold Industry Investment Company Ltd.*） （於中華人民共和國註冊成立的股份有限公司） （股份代號：2450） 截至2022年12月31日止年度業績公告 財務概要 • 營業收入為人民幣407.71百萬元，較2021年度的人民幣370.33百萬元上升 10.09%。 • 歸屬於本公司股東的綜合利潤為人民幣67.41百萬元，較2021年度的人民幣 64.71百萬元上升4.17%。 • 毛利率為48%，與2021年相若（2021年：48%）。 • 基本每股收益為人民幣0.34元，較2021年度為人民幣0.33元上升人民幣 0.01元。 • 董事會不建議派發末期股息。 ...