Financial Performance - Revenue for the year 2023 reached RMB 1,598 million, a significant increase from RMB 1,177 million in 2022, representing a growth of approximately 36%[7] - Net profit for 2023 was RMB 169 million, down from RMB 328 million in 2022, indicating a decline of about 48.5%[14] - Earnings per share (EPS) for 2023 was RMB 0.3932, compared to RMB 0.7590 in 2022, reflecting a decrease of approximately 48.2%[14] - The company reported a total comprehensive income of RMB 176 million for 2023, compared to RMB 327 million in 2022, a decrease of approximately 46%[14] - The total revenue for the main business in 2023 reached $1.51 billion, up from $1.13 billion in 2022, reflecting a year-over-year growth of approximately 33.9%[28] - The company reported a total comprehensive income of $176.77 million for 2023, contributing to an ending equity balance of $1.07 billion[17] - The net profit attributable to the parent company's shareholders for the current year is RMB 168,903,408.36, a decrease from RMB 328,032,623.65 in the previous year, representing a decline of approximately 48.6%[35] - Basic earnings per share for the current year is RMB 0.3932, down from RMB 0.7590 in the previous year, indicating a decrease of about 48.2%[35] Assets and Liabilities - Total assets decreased to RMB 1,855 million in 2023 from RMB 1,986 million in 2022, a reduction of about 6.6%[11] - Current liabilities decreased to RMB 587 million in 2023 from RMB 695 million in 2022, a decline of approximately 15.5%[11] - The total liabilities decreased to RMB 780 million in 2023 from RMB 914 million in 2022, a reduction of about 14.7%[11] - The total liabilities decreased from $172.84 million at the beginning of the year to $163.90 million at the end of 2023, showing a reduction of approximately 5.5%[24] - The company has no significant contingent liabilities as of December 31, 2023[41] - The company has pledged assets valued at approximately RMB 264,000,000 as collateral for certain bank loans[42] Cash Flow and Investments - The net cash flow from operating activities for 2023 was $163.61 million, a significant increase from $71.35 million in 2022, representing a growth of approximately 129.0%[15] - The net cash flow from investing activities was $173.01 million in 2023, compared to a negative cash flow of $29.84 million in 2022, indicating a turnaround in investment strategy[15] - The cash and cash equivalents at the end of 2023 amounted to $610.73 million, an increase from $489.55 million at the beginning of the year, marking a growth of approximately 24.7%[15] - The company’s restricted cash decreased to $8.79 million in 2023 from $35.93 million in 2022, indicating improved liquidity management[15] - The total cash inflow for the year was RMB 121 million, with total monetary funds at the end of the period amounting to RMB 620 million[69] Research and Development - Research and development expenses for 2023 were RMB 172 million, down from RMB 187 million in 2022, showing a decrease of about 7.7%[14] - Research and development investment accounted for 11% of the current operating revenue in 2023[57] Market and Business Strategy - The company plans to focus on market expansion and new product development in the upcoming year, aiming to enhance revenue streams[14] - The company plans to expand its market presence and invest in new product development to drive future growth[28] - The automotive industry experienced a record production and sales volume of 30.16 million and 30.09 million vehicles respectively, both up by 12% year-on-year, positively impacting the company's performance[47] - The overseas business generated revenue of RMB 718.57 million, representing a year-on-year growth of approximately 68%[48] - The software business achieved revenue of RMB 126.79 million, a year-on-year increase of about 50%[48] - The number of active end users reached over 1.55 million, a growth of approximately 23% compared to the end of 2022[51] - The number of paid software customers increased by 106% year-on-year, while paid upgrade customers grew by 72%[52] - The company established partnerships with four vehicle manufacturers, delivering over 120 vehicles throughout the year[56] Dividends - The company declared a final dividend of RMB 0.24 per share for 2023, consistent with the previous year[7] - The company declared a mid-term dividend of $146.95 million in 2023, reflecting a commitment to returning value to shareholders[17] - The company plans to distribute a final dividend of RMB 0.24 per share[37] Corporate Governance - The audit committee has reviewed and confirmed the audited financial report for the year 2023[74] - The company adhered to the Corporate Governance Code as per the Hong Kong Stock Exchange rules during the reporting period[75] Subsidiaries and Ownership - The company added 10 subsidiaries through acquisitions and investments while reducing 1 subsidiary during the reporting period[73] - The company has fully owned subsidiaries engaged in software development and automotive diagnostic product sales, contributing to its diverse business operations[38] - The total number of shares decreased by 16,428,500 to 415,788,100 during the reporting period[77] - The company did not grant any stock options under the stock option plan during the reporting period[78] Future Commitments - The company has future lease commitments totaling RMB 17,556,509.58 for the current year, compared to RMB 15,866,458.96 in the previous year[44] - The company has no significant capital commitments that have not been disclosed as of December 31, 2023[43] Leverage and Capital Structure - The leverage ratio improved to 0.73 from 0.85 in 2022, indicating a better capital structure[70]

Financial Performance - For the first half of 2023, the company's operating revenue was approximately RMB 721 million, an increase of 31% compared to the same period last year[21]. - The net profit for the same period was approximately RMB 65 million, representing a significant growth of 58% year-on-year[21]. - Revenue for the six months ended June 30, 2023, was RMB 721,153 million, an increase of 31.2% compared to RMB 549,331 million for the same period in 2022[115]. - Operating profit for the same period was RMB 67,053 million, up 56.8% from RMB 42,723 million year-over-year[115]. - Net profit attributable to shareholders was RMB 65,037 million, representing a 57.8% increase from RMB 41,204 million in the previous year[115]. - Basic earnings per share increased to RMB 0.150, up from RMB 0.095, reflecting a growth of 57.9%[115]. - The company reported a gross margin of 40% and a net margin of 9% for the first half of the year[68]. - The company's net profit margin increased to 9.0% in the first half of 2023, supported by revenue growth driven by the U.S. subsidiary[55]. Assets and Liabilities - As of June 30, 2023, total current assets amounted to RMB 1,268,358, a decrease from RMB 1,371,901 at the beginning of the year[2]. - Total assets as of June 30, 2023, were RMB 1,897,311, down from RMB 1,986,614 at the beginning of the year[2]. - The total liabilities amounted to CNY 758,046,000, a decrease from CNY 914,661,000 at the end of the previous year, indicating a reduction of approximately 17.1%[114]. - The company’s short-term borrowings decreased to CNY 137,776,000 from CNY 237,387,000, a reduction of approximately 42%[114]. - The company’s accounts payable increased to CNY 187,713,000 from CNY 172,841,000, reflecting an increase of about 8.6%[114]. - The company has no significant undisclosed liabilities as of the reporting date[19]. - The company has no significant capital commitments or lease obligations as of June 30, 2023[58]. Investments and R&D - Research and development expenses accounted for approximately 11% of the company's operating revenue in the first half of 2023, with R&D personnel reaching 463, making up 49% of the total workforce[52]. - Research and development expenses were RMB 82,105 million, slightly down from RMB 85,815 million in the previous year, indicating a focus on efficiency[115]. - The company has applied for a total of 3,243 patents, with 97 patents granted in the first half of 2023, all of which are invention patents[66]. - The company reported an investment income of RMB 1,003 million, a significant improvement from a loss of RMB 579 million in the previous year[115]. Market and Business Growth - In the first half of 2023, the company's overseas business generated revenue of RMB 331 million, a year-on-year increase of 51%, with North America showing a remarkable growth of 100% to RMB 133 million[47]. - The software business has recorded both revenue and profit growth, driven by the ongoing empowerment from big data initiatives[61]. - The software business generated revenue of RMB 69 million in the first half of 2023, representing an 88% year-over-year growth, with a gross profit of RMB 46 million[62]. - The number of customers willing to pay for diagnostic software increased by 128% year-over-year, while the number of customers upgrading their software rose by 117%[64]. - The company continues to expand its market presence and has increased its overseas sales personnel to boost promotional efforts[47]. - The company is focusing on expanding its overseas business and reducing financial costs to mitigate exchange rate risks[67]. Customer Engagement and Product Development - The "Yuan Zheng (inLaunch)" APP gained 100,000 users in the first half of 2023, representing a growth rate of nearly 300%, with the average transaction value increasing from around RMB 100 to nearly RMB 700[50]. - The company plans to enhance customer engagement by increasing active terminal numbers and improving conversion rates, while focusing on core products to enhance user experience[53]. - As of June 30, 2023, the number of active diagnostic equipment terminals exceeded 1.2 million, a 13% increase from the end of 2022, with over 800,000 daily diagnostic reports generated[62]. - The company is actively building a service system for new energy vehicles, targeting 200 repair shops in five major cities[65]. Dividends and Shareholder Returns - The company declared an interim dividend of RMB 0.34 per share for the six months ended June 30, 2023, expected to be distributed by September 29, 2023[41]. - The total equity attributable to owners of the parent company increased to CNY 1,139,036,000 from CNY 1,071,724,000, marking an increase of about 6.3%[114]. - The company did not purchase, sell, or redeem any of its shares during the reporting period[101].

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通告之內容概不負責，對其準確性或完 整性亦無發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內 容而引致之任何損失承擔任何責任。 深 圳 市 元 征 科 技 股 份 有 限 公 司 LAUNCH TECH COMPANY LIMITED* （於中華人民共和國註冊成立之股份有限公司） （股份代號：2488） 有關2023年中期業績公告的澄清公告 茲提述深圳市元征科技股份有限公司（「本公司」）日期為2023年8月9日有關截至2023年6月30日止六個 月之中期業績公告（「業績公告」）。 由於在所述公告的英文版中發現文書錯誤，董事會謹此澄清第15頁「投資活動現金流量」的第一句 中，應更正如下： 「報告期公司投資活動除出售上海項目之回款2.54億外 沒有重大現金流入，投資活動現金流出為 41,000,000元，主要用於購建廠房及設備及科研的資本性支出，另外有22,000,000之交易性投資，上 述支出基本主要來源於公司內部自籌，淨流入為1.91億。」 除上文所披露者外，業績公告中的所有其他資料保持不變。 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文件的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本文件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。 深圳市元征科技股份有限公司 LAUNCH TECH COMPANY LIMITED* （於中華人民共和國註冊成立之股份有限公司） （股份代號：2488） 2023年中期業績公告 摘要： 營業額：人民幣721,000,000元，增長31% 淨利潤：人民幣65,000,000元，增長58% 每股盈利：人民幣0.15元 派發中期股息：每股人民幣0.34元 深圳市元征科技股份有限公司（「本公司」）董事會（「董事會」）謹此公佈本公司及其附屬公司（本集團）截 至2023年6月30日止6個月（「報告期」）按照中國企業會計準則編製之未經審核綜合業績如下： ...

Financial Performance - In 2022, the company's revenue was approximately RMB 1.177 billion, a decrease of 12.47% compared to the previous year, while net profit increased significantly by 255.06% to approximately RMB 328 million[7]. - The company's operating revenue for 2022 was approximately RMB 1,086.69 million, a decrease of 11.05% compared to RMB 1,221.44 million in 2021[52]. - Gross profit decreased to RMB 230.74 million, reflecting a decline in gross margin[44]. - The total comprehensive income for 2022 was RMB 211.79 million, compared to RMB 67.05 million in 2021, indicating strong growth[52]. - Investment income increased significantly to RMB 169.09 million in 2022, compared to RMB 40.28 million in 2021[52]. - The net cash flow from financing activities was RMB 26.07 million, a decrease from RMB 125.48 million in the previous year[56]. Business Segments - The software business generated revenue of approximately RMB 85 million, representing a growth of 50.48% year-on-year, driven by smart pricing algorithms[16]. - The overseas business revenue was approximately RMB 495 million, a slight decrease of 2.07% compared to the previous year, impacted by geopolitical factors[37]. - The number of active diagnostic equipment users exceeded 1.08 million annually, with daily active users surpassing 250,000, generating nearly 800,000 diagnostic reports daily[17]. - The number of paying customers for diagnostic software increased by 80.82%, while the number of customers upgrading their software rose by 29.48%[19]. - The company streamlined its product offerings, reducing the number of diagnostic product packages by 46.15% by the end of 2022[21]. Research and Development - The company's R&D investment accounted for about 15% of its revenue, with 183 new patents granted in 2022, including 173 invention patents[22]. - The company launched the X-431 EV MAX intelligent diagnostic equipment for new energy vehicles in mid-2022, with mass production of related diagnostic products achieved in Q4[41]. Financial Position - The total cash inflow for the year was RMB 74 million, with total monetary funds at RMB 525 million at year-end[27]. - The company's leverage ratio improved to 0.85 from 1.09 in the previous year, indicating a healthier capital structure[28]. - Cash and cash equivalents at the end of 2022 amounted to RMB 489.55 million, up from RMB 415.34 million at the beginning of the year[56]. - The company's cash and cash equivalents at the end of 2022 were RMB 459,603,330.95, up from RMB 399,920,596.74 at the end of 2021, reflecting an increase of 14.9%[81]. Employee and Workforce - In 2022, the total number of employees decreased from 931 in 2021 to 843, representing a reduction of approximately 9.5%[156]. - The average training hours per employee increased from 23.87 hours in 2021 to 25.73 hours in 2022, an increase of about 7.8%[156]. - The number of male employees decreased from 666 in 2021 to 561 in 2022, while female employees increased from 265 to 282[156]. - The total training hours completed in 2022 was 21,689, a slight decrease from 22,222 hours in 2021[156]. - The average training hours for R&D personnel increased from 18.60 hours in 2021 to 19.41 hours in 2022[156]. - The average training hours for sales personnel decreased from 56.69 hours in 2021 to 52.02 hours in 2022[156]. Customer Satisfaction and Quality Control - The company maintained a customer satisfaction score above 85% for product and service quality, as indicated by survey results[38]. - The company has not received any significant complaints regarding product quality or safety in 2022, indicating a strong customer satisfaction level[79]. - The company emphasizes high-quality and safety standards in its products and services, with established quality and safety testing systems[79]. - The company is focused on maintaining close communication with customers to address any service quality or safety concerns promptly[79]. Compliance and Governance - The company’s financial statements are prepared in accordance with the relevant accounting standards, reflecting its financial position and operating results accurately[96]. - The company adopts RMB as its accounting currency, while overseas subsidiaries use the currency of their primary economic environment[97]. - The company recognizes control over acquired entities when it has actual control over their financial and operational policies[100]. Procurement and Supply Chain - The number of domestic suppliers accounts for over 95% of the total 300 suppliers, which helps in reducing logistics costs[170]. - The company has a strict procurement approval system, with purchases over RMB 300,000 requiring final approval from the CEO[169]. - The company has established a comprehensive supplier qualification and management process to ensure quality and compliance[166]. Health and Safety - There were no reported work-related fatalities or employee injury claims in 2022[187][188]. - The company has established mechanisms to monitor occupational health and safety, involving employee participation in determining appropriate preventive measures[189]. - Regular inspections and management reviews are conducted to ensure the effectiveness of health and safety policies and measures[190]. Training and Development - The company is committed to providing employees with learning opportunities to enhance their skills for long-term development[193]. - Various training programs and seminars are offered, covering production, finance, technology, legal regulations, and management skills[193]. - The company strictly adheres to national labor laws, prohibiting child labor and forced labor, and aims to create a respectful work environment[195].

[Clarification Announcement Regarding 2022 Annual Results Announcement](index=1&type=section&id=Clarification%20Announcement%20Regarding%202022%20Annual%20Results%20Announcement) [Purpose and Background of the Announcement](index=1&type=section&id=1.%20Purpose%20and%20Background%20of%20the%20Announcement) This announcement clarifies a clerical error in the English version of the company's '2022 Annual Results Announcement' published on March 29, 2023 - This announcement clarifies the 'Annual Results Announcement for the Year Ended December 31, 2022' published by Shenzhen Launch Tech Co., Ltd. (Stock Code: 2488) on March 29, 2023[4](index=4&type=chunk) - The clarification addresses a clerical error found in the English version of the original announcement[1](index=1&type=chunk) [Details of Correction](index=1&type=section&id=2.%20Details%20of%20Correction) The announcement specifies that the year for the audit committee's review of financial statements on page 18 of the original English annual results announcement should be '2022', not '2021', with no changes to the Chinese version or other information - The error is located on page 18 of the original English announcement, specifically in the sentence: 'The 2022 audited financial statements is reviewed and confirmed by the audit committee of the Board of the Company.'[1](index=1&type=chunk)[8](index=8&type=chunk) - The key correction involves changing the year from '2021' to **'2022'**[1](index=1&type=chunk) - The announcement confirms no changes to the Chinese version of the original annual results announcement, with all other information remaining unchanged except for this correction[5](index=5&type=chunk) [Board of Directors Information](index=1&type=section&id=3.%20Board%20of%20Directors%20Information) The announcement lists the Board of Directors members as of the announcement date, March 30, 2023, including executive, non-executive, and independent non-executive directors Board Members as of March 30, 2023 | Category | Name | | :--- | :--- | | **Executive Directors** | Mr. Liu Xin (Chairman) | | | Mr. Liu Guozhu | | | Ms. Huang Zhaohuan | | | Mr. Jiang Shiwen | | **Non-Executive Director** | Mr. Peng Jian | | **Independent Non-Executive Directors** | Ms. Zhang Yanxiao | | | Mr. Lin Lichao | | | Mr. Bin Zhizhao |

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文件的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本文件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。 深圳市元征科技股份有限公司 LAUNCH TECH COMPANY LIMITED* （於中華人民共和國註冊成立之股份有限公司） （股份代號：2488） 2022年度業績公告 深圳市元征科技股份有限公司（本公司）董事會（董事會）謹此公佈本公司及其附屬公司（本集團）截至 2022年12月31日止年度按照中國企業會計準則編製之經審核綜合業績如下： 一. 財務資料 （除特別註明外，金額單位為人民幣元） 合併資產負債表 附註 2022年 2021年 流動資產： 貨幣資金 525,484,149.23 415,351,929.70 交易性金融資產 23,576.88 37,808.52 ...

Financial Performance - Revenue for the first half of 2022 was RMB 549,331 thousand, a decrease from RMB 641,636 thousand in the same period of 2021[10] - Net profit attributable to the parent company was RMB 41,204 thousand, down from RMB 46,754 thousand in the first half of 2021[10] - Revenue for the first half of 2022 was RMB 549 million, a decrease of 14% year-over-year, primarily due to production disruptions at the Shanghai facility and increased promotional activities[38] - Net profit for the first half of 2022 was RMB 41 million, a decrease of 12% year-over-year, while the net profit margin increased by 21 basis points to 7.50%[38] - Basic earnings per share were RMB 0.095 for the first half of 2022, down from RMB 0.108 in the same period of 2021[10] - Gross margin for the first half of 2022 was 39%, slightly down from 40% in the same period last year[47] - Net profit margin increased to 7.5% from 7.3% year-over-year[47] Assets and Liabilities - Total assets increased to RMB 1,701,877 thousand as of June 30, 2022, compared to RMB 1,555,573 thousand at the end of 2021[5] - Cash and cash equivalents stood at RMB 426,285 thousand as of June 30, 2022, up from RMB 415,352 thousand at the end of 2021[5] - Short-term borrowings decreased significantly to RMB 141,901 thousand from RMB 395,572 thousand at the end of 2021[8] - Long-term borrowings were RMB 404,185 thousand as of June 30, 2022, compared to none at the end of 2021[8] - Inventory increased to RMB 250,087 thousand as of June 30, 2022, from RMB 212,761 thousand at the end of 2021[5] - Accounts receivable increased to RMB 192,506 thousand as of June 30, 2022, from RMB 172,519 thousand at the end of 2021[5] - Accounts receivable increased to RMB 271.26 million as of June 30, 2022, up from RMB 246.99 million at the beginning of the year[20] - Inventory increased to RMB 250.09 million as of June 30, 2022, up from RMB 212.76 million at the beginning of the year[22] - Total assets increased by 9% to 1,702,000,000 yuan, primarily due to increases in inventory, receivables, and intangible assets[49] - Total liabilities increased by 13% to 913,000,000 yuan, mainly due to increased bank loans[49] Research and Development - R&D expenses decreased to RMB 85,815 thousand in the first half of 2022 from RMB 103,890 thousand in the same period of 2021[10] Business Operations - Software business revenue grew by 75% year-over-year in the first half of 2022, reflecting the company's shift towards a "software + operations" profit model[38] - High-end product PAD accounted for 15.81% of sales revenue, an increase of 3.33 percentage points compared to the previous year[38] - The company launched the X-431 EV MAX, a new intelligent diagnostic device for new energy vehicles, in June 2022[41] - Daily transactions on the super remote diagnostic platform in China reached nearly 3,000 orders[41] - The company streamlined product SKUs by 74.36% to improve supply chain efficiency[41] User Engagement and Satisfaction - Monthly active users of the company's diagnostic products reached 800,000, with daily active users exceeding 250,000, generating nearly 600,000 diagnostic reports daily[39] - Product quality satisfaction and service satisfaction maintained high levels at 88% and 89%, respectively, driving user growth and engagement[39] Dividends and Shareholding - The company did not declare an interim dividend for the first half of 2022[29] - No shares were purchased, sold, or redeemed by the company or its subsidiaries during the reporting period, and no share options were granted under any share option scheme[63] - Mr. Liu Xin, a director, holds 79,200,000 domestic shares, representing approximately 31.23% of the company's issued domestic shares and 18.32% of the total issued shares[65] - Mr. Liu Xin is deemed to hold an additional 23.39% of the company's issued domestic shares through his 60% interest in Shenzhen Langqu Technology Development Co., Ltd[65] - Mr. Liu Xin is deemed to hold an additional 4.71% of the company's issued domestic shares through his 40% interest in Shenzhen Deshiyu Investment Co., Ltd[67] - Shenzhen Yuanzhongcheng Consulting Limited Partnership, controlled by Mr. Liu Xin, holds 35,160,000 domestic shares, representing approximately 13.87% of the company's issued domestic shares and 8.13% of the total issued shares[69] Cash Flow and Financing - Operating cash flow for the reporting period was a net inflow of 29,000,000 yuan[52] - The company used land, buildings, and structures with a book value of approximately RMB 285 million as collateral for bank loans as of June 30, 2022[33] Customer and Supplier Concentration - The company's top five customers generated total revenue of approximately 146,000,000 yuan, accounting for about 28% of the total revenue for the period, with the largest customer contributing about 19%[62] - The top five suppliers accounted for total procurement of 97,000,000 yuan, representing approximately 29% of the total procurement, with the largest supplier contributing about 12%[62]

Financial Performance - In 2021, the company's sales revenue reached RMB 1,345,000,000, representing a 26% increase year-on-year[11] - The gross profit was approximately RMB 528,000,000, an increase of about 10%, while the overall gross margin decreased by about 5 percentage points to approximately 40% due to rising costs[11] - The net profit attributable to the parent company was RMB 91,000,000, a significant increase of approximately 178% compared to the previous year[11] - The total cash inflow for the year was RMB 42,000,000, with total monetary funds at the end of the period amounting to RMB 415,000,000[20] - The company's total distributable profit (loss) at the end of the period was approximately RMB (132) million[191] - The board does not recommend the payment of a final dividend for the year[192] Customer and Market Growth - The number of customers exceeded 99,000, with user numbers growing approximately 17% to around 4.4 million[12] - The company reported a significant increase in the number of diagnostic reports, with 1.8 billion new reports added, totaling 8.2 billion cumulative reports, a 28% increase year-on-year[12] - The company aims to continuously expand its global business to achieve steady growth in sales revenue and profits[26] Product Development and Innovation - The company launched new products including the high-end PAD VII automotive diagnostic equipment and a super remote diagnostic platform, all of which have been successfully mass-produced[13] - The company is committed to establishing a self-learning system to continuously enhance innovation capabilities, laying a solid foundation for long-term development[28] - The company emphasizes the importance of protecting intellectual property through contractual agreements and confidentiality agreements with employees[179] Corporate Governance - The board of directors consists of eight members, including three executive directors and three independent non-executive directors as of December 31, 2021[48] - The company is committed to maintaining high standards of corporate governance and continuously reviews and improves its governance practices[45] - The board of directors is responsible for reviewing the performance of various business units against budget and business objectives[53] - The company has established three committees under the board: the audit committee, remuneration committee, and nomination committee, each with specific responsibilities[56] - The company is in discussions with relevant insurance companies to arrange appropriate insurance for its directors against potential legal actions[53] Environmental and Social Responsibility - The company has established an environmental policy and actively encourages employees to adopt environmentally friendly practices, aiming for measurable environmental goals[139] - The company reported no significant non-compliance incidents with environmental laws during the reporting period, indicating adherence to regulations[139] - The group has implemented policies to maintain a healthy and safe working environment, with regular checks and management reviews[160] - The group strictly prohibits child labor and forced labor, ensuring a respectful work environment[166] - The company is committed to increasing social investment to create a more favorable environment for its community and business[186] Employee Management - The company reported a total workforce of 931 employees in 2021, a decrease from 968 in 2020, reflecting a reduction of approximately 3.8%[148] - The employee turnover rate for the year was approximately 4%, with a reduction of about 50 domestic employees, primarily in R&D, while overseas employees increased by about 20[154] - The group provided a total of 22,222 training hours in 2021, with an average of 23.87 hours per employee, an increase from 21.75 hours in 2020[163] Risk Management and Compliance - The company maintains strict consumer data protection and privacy policies, limiting access to confidential customer information[181] - There were no reported corruption lawsuits or violations of anti-money laundering laws against the company or its employees during the reporting period[184] - The company has established multiple policies to address anti-corruption and anti-money laundering activities, providing guidance to employees[182] Operational Efficiency - The company aims to enhance operational efficiency to reduce resource usage and has implemented energy-saving measures, including installing curtains to reduce air conditioning needs[143] - The company utilized approximately 2,500,000 kWh of electricity in 2021, with water consumption around 40,000 tons, showing a commitment to monitoring resource usage[144] - Packaging material usage was approximately 400 tons in 2021, which is a 35% reduction compared to the previous year, demonstrating efforts to minimize environmental impact[144]

2021 深圳市元征科技股份有限公司 LAUNCH TECH COMPANY LIMITED Create ñ Change . . . . . . 日 日 ■ . . 国 国 日 日 日 日 日 日 日 日 日 日 0 11 0 0 0 10 II 【日】【：】 0 11 【日】【：】 日 日 II II II 01 11 11 日 日 . . . . n a lo 深圳市元征科技股份有限公司 LAUNCH TECH COMPANY LIMITED* （於中華人民共和國註冊成立之股份有限公司） （股份代號：2488） 非流動資產： 長期股權投資 2,078 2,180 其他權益工具投資 5,297 3,111 投資性房地產 61,266 63,753 固定資產 202,988 212,940 在建工程 210,357 190,605 使用權資產 5,121 5,121 無形資產 113,596 84,223 商譽 1,139 1,139 遞延所得稅資產 5,136 5,136 其他非流動資產 4,439 470 非流動資產合計 611,417 568,678 資產總計 1,496,579 1,400,989 ...