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，並明確表示不會就本公告全部或任何部分 內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 CHINA SUPPLY CHAIN HOLDINGS LIMITED 中國供應鏈產業集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：3708） 截至二零二三年六月三十日止年度 之全年業績公告 業績 中國供應鏈產業集團有限公司（「本公司」）董事（「董事」）會（「董事會」）欣然提呈本公司 及其附屬公司（「本集團」）截至二零二三年六月三十日止年度（「本年度」）之綜合經審 核業績如下： 綜合損益及其他全面收益表 截至二零二三年六月三十日止年度 二零二三年 二零二二年 附註 千港元 千港元 收益 3 486,378 297,564 銷售成本 (459,672) (285,826) | --- | --- | --- | |-----------------------------------------|----------|----------| | 毛利 | 26,706 | 11,738 | | ...

Revenue and Profitability - Revenue for the six months ended December 31, 2020, was approximately HKD 174.6 million, a decrease of about HKD 27.6 million or 13.6% compared to HKD 202.2 million in the same period last year[5]. - Gross profit for the period was approximately HKD 11.0 million, slightly up from HKD 10.6 million in the previous year, with a gross profit margin of approximately 6.3% compared to 5.2% in the previous year[13]. - The group recorded a profit of approximately HKD 1.3 million for the period, compared to a loss of HKD 2.2 million in 2019, primarily due to subsidies received from the "Employment Support Scheme" and the reversal of impairment on trade and other receivables[17]. - The company achieved a profit before tax of HKD 1,100,000, a significant improvement from a loss of HKD 2,190,000 in the previous year[46]. - The net profit for the period was HKD 1,258,000, compared to a loss of HKD 2,190,000 in the same period of 2019, marking a turnaround[46]. - Total comprehensive income for the period was HKD 1,258,000, up from HKD 351,000 in the previous year, reflecting a substantial increase[46]. - Basic and diluted earnings per share for the period were HKD 0.022, compared to HKD 0.004 in the same period of 2019, showing a significant improvement[46]. - The company reported a profit of HKD 1,232,000 for the six months ended December 31, 2020, compared to a profit of HKD 244,000 for the same period in 2019, reflecting a significant increase of 404.9%[62]. - Basic earnings per share for the six months ended December 31, 2020, were HKD 0.022, compared to HKD 0.004 for the same period in 2019, marking a rise of 450%[68]. Contracts and Business Operations - The estimated contract value of maintenance contracts as of December 31, 2020, was approximately HKD 552.4 million, down from HKD 553.3 million as of June 30, 2020[6]. - The company successfully secured one maintenance contract during the period with an estimated contract value of approximately HKD 302.2 million[8]. - There were no new renovation service contracts awarded during the period[9]. - The estimated contract value of renovation contracts as of December 31, 2020, remained unchanged at approximately HKD 125.1 million[7]. - The company aims to focus on opportunities in its core business of building maintenance, particularly in the public sector[10]. Financial Position and Cash Flow - As of December 31, 2020, the group's total cash and bank balances amounted to approximately HKD 30.4 million, down from HKD 37.1 million as of June 30, 2020[18]. - The group's debt-to-equity ratio increased to approximately 1.5% as of December 31, 2020, compared to 0.2% as of June 30, 2020, due to an increase in lease liabilities[20]. - The net cash flow from operating activities for the six months ended December 31, 2020, was a negative HKD 3,057 million, compared to a positive HKD 263 million in the same period of 2019[50]. - Cash and cash equivalents decreased to HKD 30,423 million from HKD 37,076 million, a decline of approximately 17.8%[50]. - The company's total equity increased to HKD 151,682 million from HKD 150,424 million, reflecting a growth of about 0.8%[48]. - Total liabilities increased to HKD 111,509 million from HKD 100,831 million, marking an increase of approximately 10.7%[48]. - Total liabilities as of December 31, 2020, were HKD 112,989,000, up from HKD 101,752,000 as of June 30, 2020, indicating an increase of about 11.9%[58]. Administrative and Other Expenses - Administrative expenses decreased by approximately HKD 0.31 million or 2.2% to approximately HKD 13.9 million compared to HKD 14.2 million in the previous year[15]. - Financing costs decreased by approximately HKD 29,000 or 45.3% to approximately HKD 35,000 due to reduced bank borrowings[16]. - Other income included a subsidy of approximately HKD 3.21 million from the Hong Kong government's "Employment Support Scheme" during the period[14]. - The total short-term benefits and retirement benefits for key management personnel for the six months ended December 31, 2020, amounted to HKD 2,797,000, a decrease from HKD 4,970,000 for the same period in 2019[82]. Corporate Governance and Compliance - The board of directors was restructured, and compliance with listing rules was restored following the appointment of new independent non-executive directors[41]. - The company has adopted and complied with all corporate governance code provisions during the period[42]. - The company did not recommend the payment of an interim dividend for the six months ended December 31, 2020, consistent with the previous year[28]. Assets and Liabilities - Non-current assets as of December 31, 2020, totaled HKD 3,287 million, a decrease from HKD 3,845 million as of June 30, 2020, representing a decline of approximately 14.5%[47]. - Current assets increased to HKD 258,710 million from HKD 247,891 million, reflecting an increase of about 4.9%[47]. - The group had no significant contingent liabilities as of December 31, 2020, and no major events affecting the group occurred after the reporting period[27][25]. - The group’s lease liabilities amounted to approximately HKD 617,000 as of December 31, 2020, compared to none as of June 30, 2020[18]. - The company acquired property, plant, and equipment worth approximately HKD 219,000 during the six months ended December 31, 2020[69]. - As of December 31, 2020, the performance guarantee deposit was HKD 1,250,000, unchanged from June 30, 2020[79]. - As of December 31, 2020, the group has pledged bank deposits of approximately HKD 1,261,000, a decrease from HKD 1,435,000 as of June 30, 2020[80]. - The group has financing lease obligations secured by the ownership of rental vehicles valued at approximately HKD 917,000 as of December 31, 2020, compared to zero as of June 30, 2020[80].

Financial Performance - For the fiscal year ending June 30, 2020, the company reported revenue of approximately HKD 380.5 million, a decrease of about HKD 35.0 million or 8.4% compared to HKD 415.5 million in the previous year[8]. - The company's total comprehensive expenses attributable to owners increased by approximately HKD 1.9 million or 18.8% to HKD 12.0 million, compared to HKD 10.1 million in the previous year[8]. - Basic and diluted earnings per share for the year were approximately HKD 0.26, compared to HKD 0.24 in the previous year[9]. - As of June 30, 2020, the equity attributable to owners of the company was HKD 149.8 million, a decrease of 7.4% from HKD 161.8 million in the previous year[10]. - Revenue from building maintenance services decreased by approximately HKD 123.5 million or 33.1% to about HKD 249.7 million compared to the previous year[24]. - Revenue from renovation services increased by approximately HKD 88.5 million or 209.2% to about HKD 130.8 million, primarily due to the full-year impact of a contract that started in April 2019[24]. - Gross profit from continuing operations was approximately HKD 18.1 million, a decrease of about HKD 12.9 million, with a gross profit margin of approximately 4.8% compared to 7.5% in the previous year[24]. - The group recorded a loss of approximately HKD 14.5 million for the year, a decrease of about 55.9% from a loss of HKD 9.3 million in the previous year[29]. - The company's revenue from continuing operations for the year ended June 30, 2020, was HKD 380,505,000, a decrease of 8.4% compared to HKD 415,529,000 in 2019[187]. - Gross profit for the same period was HKD 18,123,000, down from HKD 30,971,000, indicating a significant decline in profitability[187]. - The company reported a loss from continuing operations of HKD 14,509,000 for the year, compared to a loss of HKD 9,253,000 in the previous year, reflecting a worsening financial position[187]. - Total comprehensive income for the year was HKD (11,968,000), a decrease from HKD (16,793,000) in 2019, showing an improvement in overall losses despite the ongoing challenges[190]. Contracts and Services - The company secured a contract with an estimated value of approximately HKD 302.2 million for maintenance services, which commenced in October 2020[11]. - The company was awarded three renovation contracts with a total estimated value of approximately HKD 11.4 million, all of which started in the current fiscal year[19]. - The company currently holds three maintenance contracts with a total estimated value of approximately HKD 553.3 million, compared to two contracts valued at HKD 522.4 million in the previous year[16]. - The company has four renovation contracts with an estimated value of approximately HKD 125.1 million, down from eight contracts valued at HKD 175.3 million in the previous year[17]. COVID-19 Impact - The company is closely monitoring the potential impacts of the COVID-19 pandemic on its financial condition and operational performance, anticipating negative effects on its performance in 2020 and 2021[12]. Corporate Governance - The company is committed to maintaining high standards of corporate governance, adhering to all code provisions outlined in the corporate governance code[115]. - The board consists of nine directors, including four executive directors, one non-executive director, and four independent non-executive directors[120]. - The company has adopted a diversity policy for board members to achieve sustainable and balanced development[122]. - The independent non-executive directors are confirmed to be independent and have no relationships that could significantly affect their judgment[130]. - The company has established three committees: Audit Committee, Nomination Committee, and Remuneration Committee, each with defined written terms of reference[137]. Financial Position - As of June 30, 2020, the group had cash and bank balances totaling approximately HKD 37.1 million, down from HKD 48.2 million in the previous year[30]. - The debt-to-equity ratio decreased to approximately 0.2% from 1.8% in the previous year, due to a significant reduction in finance lease obligations and bank borrowings[32]. - The company's total assets as of June 30, 2020, were HKD 247,891,000, an increase from HKD 214,171,000 in 2019, indicating growth in asset base[191]. - Current liabilities increased significantly to HKD 100,831,000 from HKD 67,785,000, suggesting rising financial obligations[191]. - The net asset value decreased to HKD 150,424,000 from HKD 162,392,000, reflecting a decline in shareholder equity[193]. - The company had cash and cash equivalents of HKD 37,076,000, down from HKD 48,172,000, indicating a reduction in liquidity[191]. Shareholder Information - The board did not recommend the payment of a final dividend for the year, consistent with the previous year[41]. - The company’s distributable reserves as of June 30, 2020, were approximately HKD 18.7 million, down from HKD 25 million in 2019[71]. - The company has not issued any share options since the adoption of the share option scheme in December 2014, and there are no unexercised options at the reporting date[84]. - The total issued share capital as of June 30, 2020, was 5,594,000,000 shares with a par value of HKD 0.002 per share[76]. - Mr. Dai Jian holds 3,268,750,000 shares, representing 58.43% of the total shares[97]. - The company maintained the required public float ratio as per listing rules throughout the year[105]. Management and Operations - The management team includes experienced individuals with backgrounds in supply chain management and finance, enhancing the company's operational capabilities[43][46][48]. - The company has not established any equity-linked agreements during the year[80]. - The company has not purchased, sold, or redeemed any of its listed securities during the year[86]. - The company made charitable donations totaling HKD 13,200 during the year, compared to zero in the previous year[72]. Audit and Compliance - The independent auditor's report confirms that the consolidated financial statements fairly reflect the group's financial position as of June 30, 2020[166]. - The audit was conducted in accordance with Hong Kong auditing standards, ensuring the independence of the auditors[167]. - The group confirmed that there were no significant misstatements in the financial statements based on the audit procedures performed[176]. - The auditor's responsibility includes identifying and assessing risks of material misstatement due to fraud or error in the financial statements[180].

Revenue Performance - The revenue for the six months ended December 31, 2019, was approximately HKD 202.2 million, a decrease of about HKD 37.7 million or 15.7% compared to HKD 239.9 million in the same period last year[5]. - Revenue from building maintenance services decreased by approximately HKD 81.5 million or 37.7% to about HKD 134.5 million, primarily due to no new contracts awarded during the period[13]. - Revenue from renovation services increased by approximately HKD 44.8 million or 196.5% to about HKD 67.6 million, mainly due to the commencement of a project for the Vocational Training Council contributing HKD 43.2 million[13]. - Revenue for the six months ended December 31, 2019, was HKD 202,155,000, a decrease of 15.7% compared to HKD 239,910,000 for the same period in 2018[50]. - Total revenue for the building maintenance and renovation segments was HKD 239,910,000, with building maintenance contributing HKD 215,974,000 and renovation contributing HKD 22,837,000[86]. Profit and Loss - The gross profit for the period was approximately HKD 10.6 million, a decrease of about HKD 8.3 million, with a gross profit margin of approximately 5.2% compared to 7.9% in the previous year[14]. - The company reported a loss of approximately HKD 2.2 million, a significant increase of about HKD 6.6 million or 150 times compared to a profit of approximately HKD 4.4 million in the same period last year[20]. - The group reported a total profit before tax of HKD 6,037,000 for the six months ended December 31, 2019, compared to a profit of HKD 10,571,000 for the same period in 2018, indicating a decline[86]. - The profit margin for the building maintenance segment was approximately 7.8%, while the renovation segment had a profit margin of about 5.9%[86]. - Total comprehensive income for the period was HKD 351,000, significantly lower than HKD 1,546,000 in the prior year[50]. Expenses and Costs - Administrative expenses decreased by approximately HKD 9.6 million or 40.3% to about HKD 14.2 million due to reduced operating costs[16]. - Financing costs decreased by approximately HKD 2.6 million or 96.3% to about HKD 64,000, primarily due to reduced finance lease obligations and bank borrowings[17]. - The group reported a financing cost of HKD 64,000 for the six months ended December 31, 2019, a significant decrease from HKD 2,702,000 in the same period of 2018[93]. - Short-term employee benefits for key management personnel amounted to HKD 4,970,000, a decrease of 26.7% from HKD 6,787,000 in the previous year[122]. Assets and Liabilities - As of December 31, 2019, the company's cash and bank balances totaled approximately HKD 26.1 million, down from HKD 48.2 million as of June 30, 2019[21]. - The total assets of the group as of December 31, 2019, were HKD 247,827,000, an increase from HKD 231,065,000 as of June 30, 2019[91]. - The total liabilities of the group as of December 31, 2019, were HKD 85,084,000, compared to HKD 68,673,000 as of June 30, 2019, reflecting an increase in financial obligations[91]. - The company's capital-to-debt ratio decreased to approximately 0.8% as of December 31, 2019, from 1.8% as of June 30, 2019, due to no bank borrowings or finance leases during the period[23]. - Trade receivables as of December 31, 2019, totaled HKD 42,619,000, down 23.2% from HKD 55,535,000 as of June 30, 2019[106]. Corporate Governance and Compliance - The company has complied with all corporate governance codes as per the listing rules[46]. - The audit committee reviewed the interim financial results, ensuring compliance with applicable accounting standards[48]. - The board of directors did not recommend the payment of an interim dividend for the six months ended December 31, 2019, compared to zero in the same period last year[32]. - The group did not declare an interim dividend for the six months ended December 31, 2019, maintaining the same stance as in 2018[98]. Strategic Focus and Future Plans - The company plans to focus on opportunities in its core business of building maintenance projects, particularly in the public sector[10]. - The company intends to change its name to reflect its engagement in supply chain services and supply chain finance services, approved at a special general meeting on January 22, 2020[11]. Accounting Standards and Changes - The company adopted HKFRS 16, which resulted in changes to accounting policies but did not have a significant impact on the financial performance for the period[60]. - The adoption of Hong Kong Financial Reporting Standard 16 resulted in the recognition of right-of-use assets amounting to HKD 3,237,000 as of July 1, 2019[66]. - The transition to HKFRS 16 did not affect the opening balance of equity[66]. Other Financial Information - The company provided a performance guarantee of HKD 2,822,000 to banks for the benefit of certain customers, unchanged from the previous period[28]. - The company had no significant contingent liabilities as of December 31, 2019, compared to zero as of June 30, 2019[29]. - The company had no bank borrowings or finance leases as of December 31, 2019, which contributed to the decrease in the capital-to-debt ratio[23]. - The company did not engage in any significant investments, acquisitions, or disposals of subsidiaries or joint ventures during the six months ended December 31, 2019[25].

Financial Performance - For the fiscal year ending June 30, 2019, the company reported revenue of approximately HKD 415.5 million, a decrease of about HKD 28.1 million or 6.3% compared to HKD 443.6 million in the previous year[9] - The total comprehensive expenses attributable to the owners of the company from continuing operations increased by approximately HKD 13.2 million or 426% to HKD 10.1 million, compared to HKD 3.1 million in the previous year[9] - Basic and diluted earnings per share for the year were approximately HKD 0.24, compared to HKD 0.07 in the previous year[10] - The total comprehensive expenses attributable to the owners from discontinued operations increased by approximately HKD 2 million or 250% to HKD 2.8 million[11] - The company recorded a loss of approximately HKD 12.5 million for the year, compared to a profit of about HKD 3.2 million in the previous year[33] - The gross profit from continuing operations was approximately HKD 31.0 million, a decrease of about HKD 10.7 million compared to the previous year[27] - The gross profit margin for continuing operations was approximately 7.5%, down from 9.4% in the previous year[27] - The administrative expenses increased by approximately HKD 3.6 million or 9.6% to about HKD 41.1 million for the year[30] - The financing costs decreased by approximately HKD 12,000 or 4.6% to about HKD 251,000 for the year[31] - The actual tax rate for continuing operations was approximately -8.7% for the year, a significant decrease from 47.3% in the previous year[32] Contracts and Business Operations - As of June 30, 2019, the company had two building maintenance contracts with an estimated contract value of approximately HKD 522.4 million, down from five contracts valued at HKD 897.0 million the previous year[18] - The company secured a significant contract from the Hong Kong Housing Authority with an estimated contract value of approximately HKD 250.2 million, lasting 36 months[12] - The company also obtained a contract from the Vocational Training Council valued at approximately HKD 110.0 million for renovation services, which commenced in April 2019[12] - The revenue from building maintenance services increased by approximately HKD 22.4 million or 6.4% to about HKD 373.2 million for the year[25] - The revenue from renovation services decreased by approximately HKD 50.5 million or 54.4% to about HKD 42.3 million for the year[25] Growth and Future Outlook - The company anticipates stable growth in the building maintenance and renovation services sector due to ongoing public sector spending on infrastructure and residential projects[14] - The board will explore new business opportunities and consider asset sales, acquisitions, and business restructuring to enhance long-term development potential[14] - The company aims to continue identifying new opportunities and focus on business growth to deliver maximum returns to shareholders in the coming year[15] Shareholder and Capital Information - The company’s distributable reserves as of June 30, 2019, were approximately HKD 25 million, down from HKD 40.4 million in 2018[73] - The total issued share capital of the company as of June 30, 2019, was 5,594,000,000 shares with a par value of HKD 0.002 per share[78] - The board of directors did not recommend the payment of a final dividend for the year, consistent with the previous year where no dividend was declared[47] - The board of directors consists of three executive directors and three independent non-executive directors, all of whom are considered independent[91] - The major shareholder, Mr. Dai Jian, holds 3,268,750,000 shares, representing 58.43% of the company's equity[101] Environmental and Sustainability Initiatives - The total greenhouse gas emissions for the group amounted to 1,703.05 tons of CO2 equivalent, representing a 120.04% increase from 773.96 tons in the previous year[135] - The emissions density increased to 0.041 tons of CO2 equivalent per square meter, up 87.68% from 0.022 tons in the previous year[138] - The group has implemented energy-saving measures to reduce its carbon footprint, including the use of energy-efficient lighting and monitoring water consumption[135] - The group is committed to sustainable development and has established an environmental management policy to enhance employees' environmental awareness[129] - The company is dedicated to becoming an industry role model by conducting its operations in an environmentally sustainable manner[184] Workforce and Employment Practices - The group had approximately 95 employees as of June 30, 2019, down from 138 employees as of June 30, 2018[45] - The total workforce decreased to 99 employees from 129 in the previous year, with a gender distribution of 74.7% male and 25.3% female[155] - The company reported zero work-related fatalities in both 2018 and 2019[161] - There were 8 cases of work-related injuries resulting in more than 3 days of leave in 2019, compared to none in 2018[162] - The company adheres to all relevant employment laws and regulations, providing equal opportunities in recruitment, training, and development[157] Corporate Governance - The company emphasizes good corporate governance to enhance performance and protect shareholder interests, complying with all relevant codes[187] - The board regularly reviews corporate governance policies to ensure compliance with the established codes[188] - The company has adopted a board diversity policy, considering various factors such as gender, age, and professional experience in its composition[195] - The company held five board meetings and one annual general meeting during the year, with all directors attending all meetings[198] Risk Management and Compliance - The company conducts regular risk assessments and communicates anti-fraud policies to employees to ensure ethical business practices[180] - The company has implemented a robust data protection and privacy policy in compliance with local regulations[177] - The project management team conducts monthly reviews of subcontractor performance and ensures compliance with health and safety regulations[171]

YAT SING HOLDINGS LIMITED 日 成 控 股 有 限 公 司 (於朗曼群島註冊成立之有限公司) 股份代號: 3708 中期報告 2018 目錄 頁次 公司資料2 管理層討論及分析3 其他資料8 簡明綜合損益及其他全面收益表 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 15 簡明綜合財務報表附註 16 | --- | --- | |--------------------------------------------------------------------------|------------------------------------------------------------------------------------| | | | | 公司資料 | | | 執行董事 戴劍先生 （主席兼行政總裁） 戴銘先生 | 香港 干諾道西 144–151 號 成基商業中心 公司條例第 16 | | 獨立非執行董事 陳歡先生 郭彪先生 宋丹小姐 | 26 樓 2606 室 開曼群島股份過戶登記總處 Estera Trust (Cayman) L ...