Financial Performance - The group's revenue increased by 32.5% from RMB 20,374.94 million for the year ended December 31, 2022, to RMB 27,005.89 million for the year ended December 31, 2023[3]. - Gross profit for the year ended December 31, 2023, was RMB 3,511.52 million, compared to RMB 2,103.52 million in 2022, reflecting a significant increase[4]. - The company's net profit for the year ended December 31, 2023, was RMB 437.16 million, down from RMB 693.54 million in 2022, indicating a decrease of approximately 37%[4]. - Basic earnings per share decreased from RMB 0.4408 in 2022 to RMB 0.1661 in 2023, representing a decline of about 62.4%[4]. - Total revenue for the year was RMB 27,005,885,000, an increase of 32.5% compared to RMB 20,374,942,000 in 2022[20]. - Revenue from sales of power batteries reached RMB 22,249,046,000 in 2023, up from RMB 18,323,505,000 in 2022, representing a growth of 21.5%[20]. - Revenue from energy storage systems and other products surged by 131.9% from RMB 2,051.44 million in 2022 to RMB 4,756.84 million in 2023, due to strategic partnerships with leading customers in the energy storage sector[81]. Cash Flow and Liquidity - Net cash inflow from operating activities rose by 37.5% from RMB 2,109.05 million in 2022 to RMB 2,900.17 million in 2023[3]. - The group's net current liabilities at the end of the reporting period were approximately RMB 4,710 million, with a net cash outflow of about RMB 3,132 million, including a net cash inflow from operating activities of approximately RMB 2,900 million[12]. - As of December 31, 2023, the total cash and bank balances of the group were approximately RMB 7,834 million, while the total outstanding bank loans amounted to approximately RMB 29,171 million, with about RMB 8,115 million due within one year[12]. - The company has sufficient liquidity to meet daily working capital management and capital expenditure needs[87]. Assets and Liabilities - Total assets decreased from RMB 37,359.45 million in 2022 to RMB 32,111.02 million in 2023, indicating a reduction of approximately 14%[7]. - The company's non-current assets increased from RMB 53,101.17 million in 2022 to RMB 73,318.01 million in 2023, reflecting a growth of about 38%[7]. - The total equity of the company rose from RMB 41,575.46 million in 2022 to RMB 46,385.79 million in 2023, an increase of approximately 11%[8]. - Total liabilities rose from RMB 48,885.16 million as of December 31, 2022, to RMB 59,043.24 million as of December 31, 2023, an increase of 20.8%[86]. - The debt-to-equity ratio increased to 47.1% as of December 31, 2023, from 17.7% as of December 31, 2022, primarily due to increased project financing[88]. Research and Development - Research and development expenses increased from RMB 664.76 million in 2022 to RMB 991.96 million in 2023, marking a rise of about 49%[4]. - The company has been granted 3,060 patents and has 1,111 pending patent applications as of December 31, 2023, focusing on high-quality patent layout for continuous innovation[58]. - The company developed a 400Wh/kg high-energy hybrid solid-liquid battery, leading the industry in key safety indicators such as thermal safety and calendar life[59]. Market and Sales - Global sales of new energy vehicles reached 14.056 million units in 2023, a year-on-year increase of 33.4%[46]. - In China, new energy vehicle sales reached 9.495 million units in 2023, up 37.9% year-on-year, with a penetration rate of 31.6%, an increase of 5.9 percentage points from the previous year[47]. - The company aims to enhance its international presence by establishing production capacity in Europe and collaborating with global partners to meet market demands[76]. Compliance and Governance - The audit committee has reviewed the audited consolidated financial statements for the year ending December 31, 2023, confirming compliance with applicable accounting principles and full disclosure[111]. - The company has adopted a standard code of conduct for directors' securities transactions, ensuring compliance throughout the reporting period[110]. - The board of directors has resolved not to recommend a final dividend for the year ending December 31, 2023[104].

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 賴該等內容而引致的任何損失承擔任何責任。 CALB Group Co., Ltd. 中 創 新 航 科 技 集 團 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3931） 截至2023年6月30日止六個月之中期業績公告 中創新航科技集團股份有限公司（「公司」或「本公司」）董事（「董事」）會（「董事 會」）欣然宣佈本公司及其附屬公司（統稱「本集團」、「中創新航」或「我們」）截至 2023年6月30日止六個月（「報告期」）的未經審計簡明合併中期業績，連同截至 2022年6月30日止六個月的業績比較數字。 財務摘要 本集團收入由截至2022年6月30日止六個月的人民幣9,167.20百萬元增長34.1% 至截至2023年6月30日止六個月的人民幣12,294.71百萬元。 本集團期內利潤由截至2022年6月30日止六個月的人民幣165.70百萬元增長 60.8%至截至2023年6月30日止六個月的人民幣266.49 ...

Business Growth and Performance - In 2022, CALB Group achieved significant growth in product sales, marking a multiple increase and expanding its industrial base in Europe, contributing to global green and low-carbon development [21]. - In 2022, the company achieved a total asset of RMB 90.461 billion, a year-on-year increase of 134.2% [41]. - The net profit for 2022 was approximately RMB 0.694 billion, representing a year-on-year growth of 521.8% [41]. - The company realized an operating revenue of about RMB 20.375 billion, which is a year-on-year increase of 198.9% [41]. - The company's revenue increased from RMB 6,817.12 million for the year ended December 31, 2021, to RMB 20,374.94 million for the year ended December 31, 2022, representing a growth of 198.9% [50]. - Gross profit rose from RMB 510.95 million in 2021 to RMB 2,103.52 million in 2022, marking a growth of 311.7% [50]. - Net profit attributable to the company's owners increased from RMB 140.03 million in 2021 to RMB 691.63 million in 2022, a growth of 393.9% [50]. - The company's basic earnings per share increased from RMB 0.1128 in 2021 to RMB 0.4408 in 2022, reflecting a growth of 290.8% [50]. - The gross margin improved from 7.5% in 2021 to 10.3% in 2022, an increase of 2.8 percentage points [50]. - The sales net margin increased from 1.6% in 2021 to 3.4% in 2022, primarily due to increased sales and improved gross margin [51]. Product Innovation and Development - In 2023, CALB Group launched the world's first "Top Flow" cylindrical battery, featuring innovative structural and chemical system designs that significantly enhance battery performance compared to traditional cylindrical batteries [24]. - The company has developed a high-nickel multi-element battery with an energy density of 350 Wh/kg, achieving over 1,500 cycles in lifespan tests [34]. - The 800V 6C high-nickel battery supports charging from 20% to 80% in just 8 minutes, with an energy density of 300 Wh/kg [34]. - The company has developed high-power lithium iron phosphate batteries with an energy density of 152 Wh/kg, supporting a range of over 600 km [2]. - The company has also introduced a manganese iron lithium battery with an energy density of 180 Wh/kg, supporting a range of over 700 km, while reducing lithium usage by 15% [2]. - New product development includes the launch of a high-performance battery technology, expected to enhance energy density by 30% [111]. Market Trends and Industry Insights - In 2022, global sales of new energy vehicles reached 10.83 million units, a year-on-year increase of 61.6% [26]. - China's new energy vehicle sales accounted for over 60% of the global market, with production and sales of 7.058 million and 6.887 million units respectively, representing year-on-year growth of 96.9% and 93.4% [27]. - The global installed capacity of power batteries in 2022 was 511.7 GWh, a year-on-year increase of 71.8%, with China's share at 58% [28]. - The installed capacity of power batteries in China reached 297.3 GWh, growing by 99.6% year-on-year [30]. - The company aims to enhance its product competitiveness in power batteries and energy storage systems while promoting sustainable development [33]. - The global demand for power batteries is expected to continue growing due to the rapid expansion of the new energy vehicle market [28]. Corporate Governance and Management - The company has adopted the Corporate Governance Code as its own governance code since its listing date and has complied with all applicable provisions, except for the separation of roles between the Chairman and the CEO [126]. - The board consists of eight directors, including two executive directors, three non-executive directors, and three independent non-executive directors, ensuring a balanced composition [130]. - The company is committed to maintaining high levels of corporate governance and regularly reviews its governance practices to align with regulatory developments [127]. - The company has established several specialized committees, including the Audit Committee, Remuneration Committee, and Nomination Committee, to delegate responsibilities effectively [130]. - The company has established a risk management and internal control system that complies with corporate governance codes, ensuring effective oversight and evaluation of risks across various operational processes [167]. - The internal control team consists of members with an average of over 5 years of relevant experience, ensuring robust internal auditing and risk management practices [172]. Social Responsibility and Sustainability - The company emphasizes ESG management, integrating it into its development strategy while setting carbon reduction targets and promoting supply chain collaboration for carbon reduction [21]. - The company is committed to creating a healthy ecosystem in the new energy industry and fulfilling its responsibilities for energy security and sustainable development [20]. - The company aims to achieve its "dual carbon goals" while fostering a harmonious and sustainable energy ecosystem for a better future [25]. - The company is committed to sustainability, with plans to implement eco-friendly manufacturing processes by 2025 [112]. - The company actively engages in social responsibility initiatives, including youth development and community building, contributing to local high-quality development [23]. Legal and Compliance Issues - The company faces potential claims from CATL regarding intellectual property infringement, with total damages claimed amounting to RMB 485 million [67]. - The company is actively involved in legal proceedings regarding multiple patent claims, indicating ongoing litigation risks [72]. - The management has taken a cautious approach in estimating provisions based on legal counsel's assessments [75]. - The company has made a provision of RMB 8.64 million for claims related to patents one, three, and four [75]. Leadership and Human Resources - The company has expanded its leadership team with experienced professionals in finance and investment management [86]. - The management team is focused on strategic investments and capital operations to drive growth [85]. - The company has implemented an A+ABC performance management model to maximize employee motivation and potential [155]. - The company has established a tiered incentive system based on the 3P1M (person performance position market) compensation philosophy, which considers market conditions, position value, individual performance, and capabilities [155]. - The company has no record of any director waiving their remuneration during the reporting period [157]. Future Outlook and Strategic Plans - The company plans to accelerate its internationalization strategy and implement a "dual drive" strategy for power storage in 2023, focusing on technology and product innovation, customer development, service upgrades, and sustainable development [24]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years [112]. - A strategic acquisition of a local battery manufacturer is in progress, which is projected to increase production capacity by 40% [112]. - The company has invested $20 million in R&D for innovative battery solutions, aiming to reduce production costs by 15% [111]. - The company has set a future outlook with a revenue target of $600 million for the next fiscal year, indicating a growth rate of 20% [110].

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 賴該等內容而引致的任何損失承擔任何責任。 CALB Group Co., Ltd. 中 創 新 航 科 技 集 團 股 份 有 限 公 司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：3931） 截至2022年12月31日止年度之全年業績公告 中創新航科技集團股份有限公司（「本公司」或「公司」）董事（「董事」）會（「董事 會」）欣然宣佈本公司及其子公司（統稱「本集團」、「 中創新航」或「我們」）截至 2022年12月31日止年度（「報告期間」）的經審計綜合業績，連同截至2021年12月 31日止年度的業績比較數字，如下文所示： 財務摘要 • 本集團收入由截至2021年12月31日止年度的人民幣6,817.12百萬元增長 198.9%至截至2022年12月31日止年度的人民幣20,374.94百萬元。 • 本公司擁有人應佔溢利由截至2021年12月31日止年度的人民幣140.03百萬 元增長393.9%至截至2022年12月31日止年 ...