Financial Performance - The revenue for the six months ended June 30, 2023, was RMB 5,726,128, a decrease of 4.7% compared to RMB 6,007,274 for the same period in 2022[2] - Gross profit for the same period was RMB 944,452, representing a gross margin of approximately 16.5%, compared to RMB 882,791 in 2022[2] - The net profit for the six months ended June 30, 2023, was RMB 307,404, an increase of 108.5% from RMB 147,839 in 2022[3] - Basic and diluted earnings per share for the period were RMB 0.07, compared to RMB 0.03 in the previous year[3] - The company reported a total comprehensive income of RMB 267,799 for the six months ended June 30, 2023, compared to RMB 85,082 in 2022[3] - The operating profit for the six months ended June 30, 2023, was RMB 379,670 thousand, compared to RMB 163,487 thousand in the same period of 2022, showing an increase of approximately 132.5%[13][14] - The pre-tax profit for the six months ended June 30, 2023, was RMB 4,332,198 thousand, a decrease from RMB 5,044,160 thousand in the same period of 2022, representing a decline of approximately 14.1%[20] - The income tax expense for the period was RMB 72,266 thousand, significantly higher than RMB 15,648 thousand in the previous year, indicating an increase of approximately 360.5%[21] - The overall gross margin increased to 16.49%, up 1.79 percentage points from 14.70% in the same period of 2022[33] - Net profit for the period was RMB 307 million, representing a significant increase of 107.43% from RMB 148 million in the previous year[33] Assets and Liabilities - Total assets as of June 30, 2023, were RMB 11,838,815, an increase from RMB 11,585,891 as of December 31, 2022[4] - Current liabilities totaled RMB 5,427,202, an increase from RMB 4,865,001 at the end of 2022[4] - The company’s non-current assets decreased to RMB 3,291,190 from RMB 3,805,039 as of December 31, 2022[4] - The total assets as of June 30, 2023, were RMB 15,130,005 thousand, a slight decrease from RMB 15,390,930 thousand as of December 31, 2022[16] - The total liabilities as of June 30, 2023, were RMB 5,485,902 thousand, down from RMB 5,639,775 thousand as of December 31, 2022, reflecting a decrease of approximately 2.7%[16] - The total equity as of June 30, 2023, was approximately RMB 9,644 million, a decrease of 1.1% from RMB 9,751 million as of December 31, 2022[41] - The current ratio as of June 30, 2023, was 2.18, down from 2.38 as of December 31, 2022, indicating a decrease in liquidity[41] - The total debt-to-asset ratio as of June 30, 2023, was approximately 36.26%, slightly improved from 36.64% as of December 31, 2022[42] Cash Flow and Financing - The company’s cash and cash equivalents were RMB 3,675,115 as of June 30, 2023, compared to RMB 2,031,973 at the end of 2022[4] - Cash and cash equivalents totaled RMB 3,675,115 thousand as of June 30, 2023, a significant increase from RMB 2,031,973 thousand at the end of 2022, representing an increase of approximately 81%[29] - The company’s bank loans amounted to RMB 734,719 thousand, with actual annual interest rates ranging from 5.35% to 5.85%[32] - The company’s cash flow management strategy includes internal cash generation, bank loans, and retained earnings to meet operational funding needs[39] Sales and Market Performance - The revenue from external customers in mainland China was RMB 4,234,347 thousand, down from RMB 5,007,361 thousand in 2022, indicating a decrease of about 15.4%[15] - Sales of wheel loaders and forklifts accounted for 42.3% and 33.8% of total sales, respectively, for the six months ended June 30, 2023[17] - Sales of wheel loaders decreased by 15.0% to RMB 2,421 million, with the sales proportion dropping to 42.3% from 47.4% year-on-year[35] - Forklift sales slightly decreased by 0.7% to RMB 1,935 million, maintaining a sales proportion of 33.8% of total revenue[36] - Excavator sales increased by 22.2% to RMB 672 million, driven by strong international market demand post-pandemic[37] - Parts sales rose by 6.7% to approximately RMB 668 million, attributed to increased sales of complete machines[38] - Export revenue grew by 49.19% year-on-year, significantly contributing to the overall revenue despite domestic market challenges[33] Operational Highlights - The company continues to focus on the manufacturing and distribution of construction machinery, including wheel loaders and excavators, while exploring financing leasing options[9] - The group purchased assets in China at a cost of RMB 76,513 thousand for the six months ended June 30, 2023, down from RMB 156,324 thousand in the same period of 2022, reflecting a decrease of approximately 51%[23] - Trade receivables, net of impairment, amounted to RMB 2,527,004 thousand as of June 30, 2023, compared to RMB 2,453,314 thousand at the end of 2022, showing an increase of approximately 3%[25] - Trade payables and notes payable were RMB 3,195,401 thousand as of June 30, 2023, down from RMB 3,793,466 thousand at the end of 2022, indicating a decrease of approximately 15.8%[30] - The group’s inventory as of June 30, 2023, was RMB 2,745,318 thousand, a decrease from RMB 3,591,273 thousand at the end of 2022, reflecting a decline of approximately 23.5%[24] Governance and Compliance - The company remains focused on customer needs and market trends, aiming to enhance product competitiveness and expand both domestic and international markets[47] - The company has received independence confirmations from Mr. Qian and Mr. Wu, who have served for over nine years, ensuring their independence according to listing rules[52] - The board believes that Mr. Li's dual role as Chairman and CEO is appropriate and beneficial for the company's policy continuity and business stability[53] - The company has adopted the standard code of conduct for directors' securities transactions, confirming compliance by all directors during the year[54] - The interim results for the six months ending June 30, 2023, have been reviewed by external auditors, confirming consistency with unaudited financial data[55] - No interim dividend has been recommended for the six months ending June 30, 2023, consistent with the previous year[56] - The 2023 interim report will be sent to shareholders and published on the Hong Kong Stock Exchange website at an appropriate time[57]

Financial Performance - Total revenue for 2022 was HKD 12.731 billion, a decrease of 18.56% from HKD 13.691 billion in 2021[4] - Net profit for 2022 was HKD 457 million, down 68.60% from HKD 1.275 billion in 2021[4] - EBITDA for 2022 was HKD 734 million, a decline of 58.17% from HKD 1.755 billion in 2021[4] - Basic earnings per share decreased to HKD 0.09, down 70.00% from HKD 0.30 in 2021[4] - The company reported a gross profit margin of 16.74%, down from 17.95% in the previous year[4] - Total revenue decreased by 18.6% to approximately RMB 11,150 million, primarily due to a decline in investment spending in the infrastructure and real estate sectors[23] - Gross profit decreased by approximately 24%, with the gross profit margin dropping from 17.9% to 16.7%[24] - The company reported a significant decrease in income tax expense to RMB 38,584 thousand from RMB 177,487 thousand in the previous year[146] - The total comprehensive income for the year attributable to owners of the parent was RMB 311,915 thousand, down from RMB 1,297,381 thousand in 2021[147] Cash Flow and Financial Position - Cash flow from operating activities was HKD 2.12 billion, with total cash and financial assets amounting to HKD 6.645 billion at year-end[8] - The company maintained a healthy debt-to-asset ratio of 36.64% at year-end, which is considered industry best[8] - The company maintained a strong cash position, with robust operating cash flow and improved asset quality[10] - Cash and bank balances increased by approximately RMB 7 million, with net cash inflow from operating activities of approximately RMB 1,857 million[20] - The operating cash flow for the year ended December 31, 2022, was RMB 1,856,727 thousand, a significant increase from RMB 419,684 thousand in 2021, representing a growth of approximately 342%[153] - The company’s cash and cash equivalents at the end of 2022 were RMB 2,031,973 thousand, slightly up from RMB 2,025,005 thousand at the beginning of the year[154] Dividends and Shareholder Returns - Proposed dividend per share is HKD 0.10, with a payout ratio of 94% of net profit[8] - The company declared a final dividend of HKD 0.10 per share for the year ended December 31, 2022, compared to HKD 0.22 per share in the previous year, totaling HKD 942 million in 2021[36] - The company paid dividends totaling RMB 765,435 thousand in 2022, a decrease from RMB 1,186,910 thousand in the previous year, indicating a reduction of approximately 35%[154] Sales and Market Performance - The company's excavator sales revenue decreased by 40.8% to approximately RMB 1,109 million, down from RMB 1,873 million in 2021[14] - The company's wheel loader sales accounted for 46.8% of total revenue, decreasing by 21.1% to approximately RMB 5,214 million[13] - The sales revenue from the eastern region of China decreased by 37.3% to approximately RMB 1,608 million[12] - The sales proportion of forklifts increased by 4.57 percentage points to 30.25% during the reporting period[11] - Forklift product sales revenue decreased by 4.1% to approximately RMB 3,373 million, accounting for about 30.2% of total revenue[15] Research and Development - The company emphasized product research and development, particularly in new energy loaders and forklifts, enhancing core component technology[10] - The company reported a decrease in research and development expenses to RMB 516,019 thousand from RMB 622,557 thousand in the previous year, a reduction of 17.1%[146] Corporate Governance - The board consists of 8 members, including 1 non-executive director and 3 independent non-executive directors, with a gender diversity ratio of approximately 13% female representation[84] - The board is committed to enhancing corporate governance practices to increase transparency and trust among shareholders and stakeholders[66] - The company has adopted the corporate governance code principles and aims to maintain high standards of governance, although there are some deviations noted[71] - The independent non-executive directors confirmed their independence in accordance with the listing rules[74] Environmental, Social, and Governance (ESG) Initiatives - The company is committed to improving its environmental performance and reducing pollution during production processes[53] - The company has established an ESG governance framework consisting of the Board of Directors, an ESG working group, and executive departments to oversee and manage ESG-related activities[102] - The company aims to minimize its environmental impact through clean production and pollution control initiatives[109] - The company has implemented an ISO14001 environmental management system to ensure effective operation and continuous improvement in environmental management[109] - The company has a strong commitment to corporate social responsibility, focusing on resource conservation and environmental friendliness[101] Risk Management - The company has established a risk management and internal control system to identify, assess, and manage significant risks to achieve business objectives[86] - The internal audit department is responsible for reviewing the adequacy and effectiveness of the risk management and internal control systems, reporting to the board and audit committee[87] Supplier and Inventory Management - The company has set a maximum inventory level for long-cycle procurement items to mitigate supply risks and avoid inventory stagnation[126] - The company plans supplier capacity at 120% of production requirements to ensure alignment with production schedules[128] - The supplier management platform underwent an upgrade, enhancing collaboration efficiency and integrating data links with the QMS system[124] Audit and Compliance - The audit committee reviewed the company's financial statements and compliance with regulatory requirements for the year 2022[79] - The independent auditor's report confirms that the consolidated financial statements present a true and fair view of the group's financial performance[136] - The board of directors is responsible for preparing the financial statements and ensuring they are free from material misstatement due to fraud or error[143]

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佈全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 LONKING HOLDINGS LIMITED 中國龍工控股有限公司* （於開曼群島註冊成立的有限公司） （股份代號：3339） 澄清公佈 茲提述中國龍工控股有限公司（「本公司」）日期為二零二三年三月二十八日之公佈（「業績 公佈」），內容有關為股東週年大會資格暫停辦理過戶登記手續。除文義另有所指外，本 公佈所用詞彙與業績公佈所界定者具有相同涵義。 本公佈旨在澄清業績公佈中的若干資料，內容如下： 業績公佈第34頁「暫停辦理過戶登記手續」一節應為： 「為確定有權出席本公司股東週年大會並於會上投票之股東（「股東週年大會資格」），所有 過戶文件連同有關股票必須於二零二三年五月二十二日（星期一）下午四時三十分前送達 本公司股份過戶登記分處香港中央證券登記有限公司以作登記，地址為香港灣仔皇后大 道東183號合和中心17樓1712-1716號舖。」 而非 「為確定有權出席本公司股東週年大會並於會上投票之股東（「股東週 ...

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佈全部或任何部份內容而 產生或因倚賴該等內容而引致的任何損失承擔任何責任。 LONKING HOLDINGS LIMITED 中國龍工控股有限公司* （於開曼群島註冊成立的有限公司） （股份代號：3339） 截至二零二二年十二月三十一日止年度的全年業績公佈 中國龍工控股有限公司（「本公司」）董事會（「董事會」）欣然宣佈本公司及其附屬公司（「本 集團」）截至二零二二年十二月三十一日止年度（「期間」）的綜合財務業績，連同二零二一 年同期的比較數字如下。 綜合損益表 截至二零二二年十二月三十一日止年度 | --- | --- | --- | --- | |--------------------------|-------|--------------------------|------------------------| | | | 二零二二年 | 二零二一年 | | | 附註 | 人民幣千元 | 人民幣千元 | | 收益 銷售成本 | 3 | 11,150,234 (9,283 ...