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之內容 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。 Changhong Jiahua Holdings Limited 長 虹 佳 華 控 股 有 限 公 司 （於百慕達註冊成立之有限公司） （股份代號：3991） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 業績 本公司董事會（「董事會」）欣然宣佈，本公司及其附屬公司（統稱「本集團」） 截至二零二二年十二月三十一日止年度之經審核綜合財務業績。 綜合損益及其他全面收益表 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 千港元 千港元 收益 3 38,339,109 44,558,173 ...

Financial Performance - For the first half of 2022, the company achieved revenue of approximately HKD 17,906.45 million, a decrease of 19.65% compared to the same period last year[42]. - Shareholders' profit for the first half of 2022 was approximately HKD 175.20 million, down 5.46% from the previous year, with basic earnings per share of HKD 0.0682, a decrease of HKD 0.0039[42]. - The total comprehensive income for the six months ended June 30, 2022, was approximately HKD 25.90 million, significantly lower than HKD 217.29 million in 2021, primarily due to fluctuations in the RMB exchange rate[50]. - The profit for the same period was approximately HKD 175.19 million, down 5.46% from HKD 185.30 million in 2021, mainly due to the decrease in revenue[50]. - The group reported a total segment profit of HKD 379,263 for the six months ended June 30, 2022, compared to HKD 391,225 for the same period in 2021, reflecting a decline of 3.1%[110]. - The profit attributable to the company's owners for the six months ended June 30, 2022, was HKD 175,190,000, a decrease from HKD 185,300,000 in the same period of 2021, representing a decline of approximately 6.0%[122]. Revenue Breakdown - The ICT consumer products distribution segment reported revenue growth of 10.61% to HKD 9,504.42 million, with profit increasing by 19.84% to HKD 171.19 million[46]. - The ICT enterprise products distribution segment saw a revenue decline of 6.41% to HKD 5,138.70 million, with profit decreasing by 1.67% to HKD 182.03 million[46]. - The other business segment experienced a significant revenue drop of 60.22% to HKD 3,263.33 million, with profit decreasing by 58.82% to HKD 26.04 million[47]. - Revenue for the six months ended June 30, 2022, was HKD 17,906,448 thousand, a decrease of 19.4% compared to HKD 22,286,324 thousand in the same period of 2021[88]. - Sales in mainland China for the six months ended June 30, 2022, were HKD 17,849,415, down 20.1% from HKD 22,251,615 in the previous year[112]. Cost and Expenses - The cost of goods sold for the period was HKD 17,352,949, down from HKD 21,700,058 in the previous year, indicating a reduction of 20.5%[114]. - The group incurred research and development expenses of HKD 17,939 during the period, compared to HKD 16,972 in the previous year[110]. - Research and development expenses increased to HKD 17,939 thousand from HKD 16,972 thousand, indicating a rise of 5.7%[88]. - The group's financing costs for the period were HKD 82,754, an increase from HKD 76,443 in the previous year[110]. Financial Position - As of June 30, 2022, the company's interest-bearing borrowings totaled HKD 2,144.71 million, with cash and bank balances of HKD 90.00 million, indicating a healthy financial position[51]. - The net asset liability ratio as of June 30, 2022, was 3.70 times, reflecting the company's leverage[51]. - The company's cash and cash equivalents at the end of the period were HKD 90,000 thousand, down from HKD 780,878 thousand at the end of the previous year[97]. - Trade receivables as of June 30, 2022, amounted to HKD 5,430,817,000, an increase from HKD 4,385,787,000 in 2021, indicating a year-over-year growth of approximately 23.8%[128]. - Bank borrowings increased significantly to HKD 2,144,711,000 as of June 30, 2022, compared to HKD 1,179,675,000 as of December 31, 2021, reflecting an increase of approximately 81.9%[130]. Strategic Focus - The company is focusing on digital economy trends and aims to enhance its strategic transformation and upgrade its core capabilities in the second half of 2022[48]. - The company plans to explore new models and develop new drivers in key areas such as cloud, network, data, intelligence, and virtual reality[48]. - The company emphasizes the importance of digital economy development as a key driver for high-quality economic growth in China[48]. - The company continues to strengthen its basic management and optimize business processes to ensure efficient operation and risk control[42]. Shareholder Information - The board of directors did not recommend any dividend distribution for the six months ended June 30, 2022, consistent with the previous year[63]. - The company has not purchased, sold, or redeemed any of its listed securities during the six months ended June 30, 2022[65]. - As of June 30, 2022, Sichuan Changhong holds 874,650,000 shares (60.13%) of the company's ordinary shares and 1,115,868,000 shares (100.00%) of the preferred shares[80]. - The total issued shares and preferred shares of the company as of June 30, 2022, are 1,454,652,000 shares and 1,115,868,000 shares respectively[82]. - Sichuan Changhong is the largest shareholder, owning approximately 23.22% of the total issued share capital of Sichuan Changhong Electric Co., Ltd.[82].

Financial Performance - The company reported a significant increase in revenue, achieving a total of $500 million, representing a 20% year-over-year growth[1] - The company provided a positive outlook for the next quarter, projecting a revenue increase of 25% to $625 million[1] - The company achieved revenue of approximately HKD 44,558.17 million for the year ended December 31, 2021, representing a growth of 10.34% compared to the previous fiscal year[82] - The gross profit margin for 2021 was 2.96%, an increase of approximately 0.29 percentage points from the previous fiscal year, primarily due to changes in the sales contribution structure of product lines[82] - The net profit attributable to shareholders was approximately HKD 413.25 million, a year-on-year increase of about 19.64%, with basic earnings per share rising to HKD 0.1608 from HKD 0.1344, an increase of HKD 0.0264[82] - The overall comprehensive income for the year was approximately HKD 500.64 million, a decrease from HKD 512.18 million in the previous year, primarily due to fluctuations in the RMB exchange rate[84] User Growth and Market Expansion - User data showed a growth in active users, reaching 2 million, which is a 15% increase compared to the previous quarter[1] - Market expansion plans include entering three new international markets by the end of the year, which is expected to increase market share by 10%[1] - New product launches are expected to contribute an additional $100 million in revenue over the next fiscal year[1] Investment and Development - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[1] - The company is considering strategic acquisitions to bolster its technology portfolio, with a budget of $200 million allocated for potential deals[1] - The company is focusing on digital economy development, aiming to enhance its capabilities in cloud computing, big data, and virtual reality, while also pursuing strategic partnerships with leading manufacturers[79] Operational Efficiency and Cost Management - Operational efficiency improvements are projected to reduce costs by 5%, translating to savings of $25 million annually[1] - The company plans to strengthen its risk management and optimize business processes to improve operational efficiency and provide smarter services to customers[82] Governance and Management - The management team includes experienced professionals with over 21 years in investment and corporate finance, and over 31 years in economic and corporate governance research[60][63] - The company has a strong focus on human resources, operations, and administrative management, with executives having extensive experience in the IT industry and financial management[64][65] - The independent directors bring diverse expertise from various sectors, contributing to the company's governance and strategic direction[61][62] - The board of directors includes members with advanced degrees in economics and management, reflecting a strong academic foundation for strategic decision-making[60][63] Risk Management - The company is actively involved in risk management to maintain operational stability during uncertain economic conditions[71] - The company has established a comprehensive risk management system to monitor high-risk business operations, ensuring the effectiveness of internal controls and financial reporting[176] - The board reviews the effectiveness of the company's risk management and internal control systems at least annually, ensuring compliance and asset protection[176] Sustainability and Corporate Responsibility - The management emphasized a commitment to sustainability initiatives, aiming for a 30% reduction in carbon footprint by 2025[1] - The company is focused on sustainable development, integrating social responsibility into its business strategy while pursuing economic benefits[182] - The company plans to enhance its corporate governance procedures to ensure long-term sustainable development[181] Shareholder Communication and Engagement - The company emphasizes strong communication with shareholders and has established a shareholder communication policy to ensure effective execution[104] - The company has received confirmation from directors regarding their responsibility for preparing financial statements and the auditors' declaration of their reporting responsibilities[112] Board Structure and Meetings - The board of directors consists of seven members, including four executive directors and three independent non-executive directors[110] - The board held six meetings during the fiscal year ending December 31, 2021, with attendance rates for executive directors ranging from 100% to 100%[116] - The company has established three board committees: Audit Committee, Remuneration Committee, and Nomination Committee, with a majority of independent non-executive directors[144] Employee and Compensation Policies - The total employee cost for the year ended December 31, 2021, was approximately HKD 430.24 million, compared to HKD 319.17 million in 2020, with total employees increasing to 1,309 from 1,259[90] - The company’s senior management compensation is linked to performance, with two individuals earning between HKD 500,000 and HKD 3,000,000, and two earning above HKD 3,000,000[169] Financial Stability and Capital Structure - As of December 31, 2021, the total outstanding unsecured and interest-bearing borrowings of the group amounted to approximately HKD 1,179.68 million, a decrease from HKD 2,195.45 million in 2020[85] - The group's cash and bank balances were approximately HKD 3,394.84 million, up from HKD 3,287.36 million in 2020, with trade receivables and notes receivable totaling approximately HKD 4,444.82 million, compared to HKD 3,528.45 million in 2020[85] - The group maintains a strong capital structure to ensure optimal shareholder returns and support business development[92]

长机佳花 CHANGHONG | T 長虹佳華控股有限公司 於百慕建註冊成立之有限公司 股份编號: 3991 中 期 業 績 報 告 目 錄 公司資料 2 主席報告書 4 管理層討論與分析 6 其他資料 9 e 育明綜合損益及其他全面收益表 13 簡明綜合財務狀況表 14 簡明綜合權益變動表 15 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | 簡明綜合現金流量表 | | | | | 16 | | | | | | 簡明綜合中期財務報表附註 | | | | | 17 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | ...

长虹佳华 CHANGHONG | T 長虹佳華控股有限公司 (於百慕達註冊成立之有限公司) 股份編號：3991 2020 0 0 o (0) 0 0 o 9 and maintinuit o 0 0 0 e O O 0 o 0 0 0 目錄 公司資料2 董事及高級管理人員之履歷4 主席報告書7 管理層討論與分析10 企業管治報告13 董事會報告28 獨立核數師報告56 綜合損益及其他全面收益表62 綜合財務狀況表63 綜合權益變動表65 綜合現金流量表67 綜合財務報表附註69 五年財務資料概要147 公司資料 | --- | --- | |----------------------------------|------------------------------------------------------------------------| | | | | 註冊辦事處 | Clarendon House | | | 2 Church Street | | | Hamilton HM 11 | | | Bermuda | | 總辦事處及主要營業地點 | 香港 | | | 干諾道中 168–200 ...

長虹佳華控股有限公司 (於百慕達註冊成立之有限公司) 股份編號 : 3991 中期業績報告 2020 目錄 公司資料 2 主席報告書 4 管理層討論與分析 6 其他資料 9 簡明綜合損益及其他全面收益表 13 簡明綜合財務狀況表 14 簡明綜合權益變動報表 15 簡明綜合現金流量表 15 簡明綜合中期財務報表附註 16 本 中 期 報 告 的 中、英 文 版 本 已 刊 登 於 聯 交 所 網 站 (www.hkexnews.hk) 及本公司網站 (www.changhongit.com)。 – 1 – 公司資料 | --- | --- | |------------|-----------------| | | | | 註冊辦事處 | Clarendon House | | | 2 Church Street | | | Hamilton HM 11 | | | Bermuda | | --- | --- | |------------------------|------------------------------------------------| | | | | 總辦事處及主要營業地點 | 香港 ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------|-------|-------|-------|-------|-------|-------|-------|-------|------------| | | | | | | | | | | | | 長虹佳華控股有限公司 (於百慕達註冊成立之有限公司) 股份編號 : 3991 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 年 報 2019 | 目錄 目錄 公司資料 2 董事及高級管理人員之履歷 4 主席報告書 7 管理層討論與分析 10 企業管治報告 14 董事會報告 29 獨立核數師報告 56 綜合損益及其他全面收益表 62 綜合財務狀況表 63 綜合權益變動表 65 綜合現金流量表 67 綜合財務報表附註 69 五年財務資料概要 153 1 長虹佳華控股有限公司 2 ...