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。 圓通國際快遞供應鏈科技有限公司 YTO INTERNATIONAL EXPRESS AND SUPPLY CHAIN TECHNOLOGY LIMITED （於開曼群島註冊成立的有限公司） （股份代 號：6123） 末期業績公告 截至二零二四年十二月三十一日止年度 財務摘要 圓通國際快遞供應鏈科技有限公司（「本公司」）董事（「董事」）會（「董事會」）謹此 宣佈本公司及其附屬公司（「本集團」）截至二零二四年十二月三十一日止年度（「二 零二四年財政年度」）經審核綜合業績，連同截至二零二四年十二月三十一日止年 度（「二零二三年財政年度」）的經審核比較數字如下： 1 • 本集團於二零二四年財政年度之收益約為5,322.5百萬港元，較二零二三年 財政年度增加約0.6%（二零二三年財政年度：約5,291.6百萬港元）； • 空運業務於二零二四年財政年度之分部業績較二零二三年財政年度減少 約62.8%至約34.2百萬 ...

ernationa 圓通國際 YTO International Express and Supply Chain Technology Limited 圓通國際快遞供應鏈科技有限公司 Incorporated in the Cayman Islands with limited liability 於開曼群島註冊成立之有限公司 Stock Code 股份代號: 6123 2024 NTERIM ORT 0 0 CONTENTS 目錄 2 Corporate Information 公司資料 5 Management Discussion and Analysis 管理層討論及分析 18 Corporate Governance and Other Information 企業管治及其他資料 27 Report on Review of Interim Financial Report 中期財務報告審閱報告 29 Consolidated Statement of Profit or Loss 綜合損益表 30 Consolidated Statement of Profit or Loss and Othe ...

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，概不會就因本公告全部或任何 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。 圓通國際快遞供應鏈科技有限公司 YTO INTERNATIONAL EXPRESS AND SUPPLY CHAIN TECHNOLOGY LIMITED （於開曼群島註冊成立的有限公司） （股份代 號：6123） 中期業績公告 截至二零二四年六月三十日止六個月 | --- | --- | |-------|--------------------------------------------------------------------------------------------------------------------------| | | | | | 財務摘要 | | | 於報告期內： | | • | 本集團收益為約 2,975.1 百萬港元，較二零二三年同期增加約 20.6% （二零二三年 上半年：約 2,467.6 百萬港元）； | | • | 本集團錄得本公司權益股東應佔虧損 ...

Global Passenger and Air Freight Trends - Global passenger traffic increased by 36.9% year-on-year in 2023, with international passenger traffic growing by 41.6%, reaching close to 90% of pre-pandemic levels[12][14] - Air freight volume for 2023 decreased by 1.9%, an improvement from the previously expected decrease of 3.8%, driven by a surge in the air freight market after 18 months of recession[12][14] - IATA predicts a 2% to 5% increase in air cargo volumes by 2024, but the influx of wide-body passenger aircraft capacity may pressure freight rates, especially in the Asia-Pacific region[29][30] - Global air cargo demand in December 2023 increased by 10.8% YoY, with international demand up 11.5%, marking the strongest annual growth in the past two years[111] - The global air passenger volume in 2023 increased by 36.9% compared to 2022, recovering to 94.1% of pre-pandemic levels, with international passenger transportation reaching 88.6% of 2019 levels[111] Global Trade and Economic Conditions - Global trade is expected to shrink by approximately $1.5 trillion to less than $31 trillion by the end of 2023, with significant income gaps between major economies[24] - Despite global trade challenges, countries like China, Japan, Brazil, Mexico, Australia, Turkey, and Peru achieved export growth in 2023[24] - Global trade volume decreased by approximately $1.5 trillion to below $31 trillion by the end of 2023, with significant disparities in post-pandemic recovery among major economies[26] - The total value of China's imports and exports of trade in goods in 2023 was RMB 41.76 trillion, with exports at RMB 23.77 trillion (up 0.6% YoY) and imports at RMB 17.99 trillion (down 0.3% YoY)[103] Company Financial Performance - The company's total equity increased to HK$1,288,380 thousand in 2023, up from HK$1,210,411 thousand in 2022[37] - Non-current liabilities decreased to HK$25,660 thousand in 2023 from HK$33,428 thousand in 2022, reflecting improved financial management[37] - Profit before taxation for 2023 was HK$121.45 million, a decrease from HK$140.78 million in 2022[42] - Net cash used in operating activities for 2023 was HK$245.88 million, compared to HK$698.64 million generated in 2022[42] - Retained profits as of 31 December 2022 were HK$1,061.53 million[40] - Total comprehensive income for 2022 was HK$115.74 million[40] - Depreciation of property, plant, and equipment for 2023 was HK$6.63 million, down from HK$9.96 million in 2022[42] - Amortisation of intangible assets for 2023 was HK$1.66 million, slightly lower than HK$1.79 million in 2022[42] - Gain on disposal of property, plant, and equipment for 2023 was HK$171 thousand, compared to HK$645 thousand in 2022[42] - Net impairment loss recognised under expected credit loss model for 2023 was HK$3.04 million, down from HK$8.44 million in 2022[42] - Fair value changes of financial assets at fair value through profit or loss for 2023 was a loss of HK$37 thousand, compared to a gain of HK$11.55 million in 2022[42] - COVID-19 related rent concessions received for 2023 were HK$86 thousand, down from HK$396 thousand in 2022[42] - Net cash generated from investing activities in 2023 was HK$115,186 thousand, compared to a net cash outflow of HK$163,858 thousand in 2022[43] - Net cash used in financing activities in 2023 was HK$38,434 thousand, a decrease from HK$70,586 thousand in 2022[44] - Cash and cash equivalents at the end of 2023 decreased to HK$823,029 thousand from HK$998,365 thousand at the beginning of the year[44] - Interest received in 2023 was HK$21,506 thousand, a significant increase from HK$2,485 thousand in 2022[43] - Proceeds from disposal of property, plant and equipment in 2023 were HK$514 thousand, compared to HK$1,142 thousand in 2022[43] - Repayment from associates in 2023 was HK$330 thousand, compared to an advance of HK$64 thousand in 2022[43] - Dividends paid to non-controlling interests in 2023 were HK$5,512 thousand, an increase from HK$1,900 thousand in 2022[44] - Capital contribution from non-controlling interests in 2023 was HK$1,690 thousand, compared to none in 2022[44] - Effect of foreign exchange rate changes on cash and cash equivalents in 2023 was a decrease of HK$6,208 thousand, compared to a decrease of HK$33,658 thousand in 2022[44] - The fair value of property, plant, and equipment decreased by HK$65,000 in FY2023, impacting the consolidated statement of profit or loss and other comprehensive income[66] Company Strategic Initiatives and Business Development - The company established eight product systems through resource integration, network expansion, and continuous improvement, enhancing its international logistics and supply chain capabilities[25][27] - The company aims to transform from a single express delivery provider to an integrated, multimodal transportation and comprehensive supply chain integrator, focusing on eight major international products[29] - The company plans to expand its international service network, targeting infrastructure and operational capabilities in more countries over the next three to five years[29] - The company plans to build an international and domestic integrated logistics network with a global vision[79][80] - The company will establish a standardized logistics operation process and optimize information technology and organizational structures[82] - The company expects air freight demand to exceed trade and production growth due to the recovery of international tourism and trade[85] - The company aims to strengthen its competitive advantage in international air transportation by deepening cooperation with YTO Airlines[85] - The company will adhere to international quality standards and establish a sound supplier management mechanism[82] - The company plans to introduce wide-body cargo freighters to build more intercontinental aviation routes[85] - The company plans to build a "Superior and Premium Line" in 2024, targeting regions including Taiwan, Japan, Australia, the US, Southeast Asia, and Central Asia (Kazakhstan)[105][106] - The company aims to expand its international network through strategic cooperation, franchise licensing, and investment and M&A, enhancing global service capabilities[105][106] - The company will increase investment in technology, focusing on IT and cloud platforms, to transition from a traditional logistics supply chain enterprise to a logistics technology enterprise[108][109] - The company will deepen cooperation with its subsidiary, YTO Cargo Airlines, to strengthen its competitive advantage in international air transportation and introduce wide-body cargo aircraft for intercontinental routes[112] - The company will focus on improving quality control standards and formulating a lifecycle quality control system to enhance operational efficiency[107] - The company believes the international logistics and supply chain industry is technology-intensive, with safe, convenient, efficient, and intelligent logistics services being key to future competitiveness[108][109] - The company will leverage its supply chain, aviation, and parent company resources to support the global expansion of the "Made in China" brand and build a technology-driven, digital, and integrated international industrial cluster[103] - The company has formed three major business segments: international freight forwarding, international express delivery and small parcels, and international supply chain, aiming for endogenous synergy and business upgrading[135] - The company plans to accelerate supply chain capabilities globally through capital investment and partnerships, focusing on key regions like Central Asia, Europe, America, the Middle East, and Southeast Asia[135] - The company expects to achieve further growth in revenue and profit by promoting end-to-end international supply chain solutions and forming a new business development segment[135] - The company has formed three major business segments: international freight, international express and small parcels, and international supply chain, aiming to achieve synergistic growth and upgrade capabilities[136] - The company plans to accelerate global supply chain capabilities through capital investment and partnerships, focusing on key regions like Central Asia, Europe, the US, the Middle East, and Southeast Asia[136] Corporate Governance and Leadership - Mr. Yang Xinwei holds 800,000 shares as of 31 December 2023[115] - Mr. Zhou Jian was appointed as CEO on 28 March 2024 and holds a master's degree in Signal and Information Service from Huazhong University of Science and Technology[115] - Mr. Zhou Jian previously served as the CEO of Shenzhen Fengwang Express Co., Ltd. until December 2023[115] - Mr. Pan Shuimiao was appointed as a non-executive director on 21 January 2020 and became the chairman of the corporate governance committee on 21 August 2023[117] - Mr. Pan Shuimiao holds a master's degree in engineering from Zhejiang University[117] - Ms. Wang Lixiu appointed as non-executive Director and Audit Committee member on 31 March 2023, with 20 years of experience in auditing, financial management, and corporate investment and M&A[118] - Mr. Su Xiufeng appointed as non-executive Director on 21 August 2023, with extensive experience in executive roles at YTO Express and Zhejiang Loong Airlines[118] - Mr. Li Donghui appointed as independent non-executive Director on 1 December 2017, with significant experience in executive roles at Geely and other listed companies[119] - Ms. Khoo Siew Chan Chorina, the regional director for Southeast Asia, oversees business growth and operations in the region, managing over 300 employees in the Singapore office[152] - Mr. Ng King Wah, Kevin, the trade lane director, is responsible for the overseas network and profitability of commercial activities with international partners, with 20 years of experience in logistics[152] - Mr. Tang Chi Ho, the Hong Kong station manager, has been with the company since 2001 and is responsible for operational matters in Hong Kong[152] - Mr. Yu Huijiao holds a 63.84% stake in the company through controlled corporations, with 268,229,408 shares[179] - Mr. Yu Huijiao holds a 31.69% interest in YTO Express through controlled corporations, involving 1,090,806,213 shares[196] - Mr. Yu Huijiao is the beneficial owner of 2.92% of YTO Express shares, totaling 100,673,929 shares[196] - Mr. Yu Huijiao's spouse holds a 2.15% interest in YTO Express, amounting to 74,027,054 shares[196] - Yuan Jun, a controlled corporation of Mr. Yu Huijiao, holds RMB 1,800,000,000 in registered capital, representing 100% ownership[196] - YTO Global Holdings Limited, another controlled corporation of Mr. Yu Huijiao, holds 1,600,000,000 shares, representing 100% ownership[196] - Mr. Pan Shuimiao holds a 0.03% beneficial interest in YTO Express, totaling 1,200,800 shares[196] Shareholder and Dividend Policies - The company has adopted a dividend policy to maintain adequate cash reserves for working capital, future growth, and shareholder value, without a pre-determined payout ratio[157] - The total number of shares issued under the Share Option Scheme shall not exceed 1% of the issued share capital in any 12-month period unless approved by shareholders[160] - The Share Award Plan was adopted on 17 August 2018 and will remain in force until 17 August 2028, with a remaining life of approximately 4.5 years as of the report date[161] - The maximum number of shares to be subscribed or purchased under the Share Award Plan in any financial year shall not exceed 5% of the total issued shares at the beginning of that financial year[161] - Ms. Wong Pui Wah had 600,000 outstanding shares as of 1 January 2023, with 200,000 lapsed during the year, leaving 400,000 outstanding as of 31 December 2023[162] - Mr. Huang Yifeng, who resigned on 21 August 2023, had 2,263,200 outstanding shares as of 1 January 2023, all of which lapsed during the year[162] - Mr. Sun Jian, who resigned on 28 March 2024, had 3,013,200 outstanding shares as of 1 January 2023, with 1,004,400 lapsed during the year, leaving 2,008,800 outstanding as of 31 December 2023[162] - Mr. Chen Dong, who resigned on 8 February 2023, had 1,200,000 outstanding shares as of 1 January 2023, all of which lapsed during the year[162] - OT Thailand distributed an HK$8.7 million dividend to its shareholders for FY2023[167] - The Board recommended a final dividend of HK2.3 cents per share for FY2023, totaling approximately HK$9,664,000, subject to shareholder approval at the AGM on 7 June 2024[182] - The company's share option plan allows for the issuance of up to 37,218,000 shares, representing approximately 8.86% of the issued share capital as of 31 December 2023[185] - YTO Express, a subsidiary, is controlled by Yuantong Jiaolong, which is 51% owned by Mr. Yu Huijiao and 49% by his spouse, making it a connected person under Listing Rules[190] - The company's share award plan does not require a minimum holding period before options can be exercised, unless otherwise determined by the Board[186] Compliance, Risk Management, and Environmental Initiatives - The international logistics industry has passed its most difficult period, but the aviation industry's recovery remains fragile and vulnerable to external factors such as global economic conditions, geopolitical conflicts, and supply chain tensions[12][14] - The Group has compliance and risk management policies in place, with senior management responsible for monitoring adherence to legal and regulatory requirements[64] - The Group emphasizes environmental protection through green office practices, recycling, and energy-saving measures, with plans to further implement eco-friendly initiatives[61] - Employees are considered the Group's most valuable assets, with a focus on competitive remuneration, performance appraisal systems, and career development opportunities[61] - The Group maintains strong relationships with key stakeholders, including employees, customers, vendors, and shareholders, to ensure long-term profitability and growth[61][62] - The Group aims to enhance corporate value for shareholders through sustainable earnings growth and stable dividend payouts, considering capital adequacy and business expansion needs[63] - The Group did not hold any properties for development, sale, or investment purposes exceeding 5% of the percentage ratios under Listing Rules as of 31 December 2023[65] - No significant investments were held by the company during the fiscal year 2023[72] - The company pledged assets to secure banking facilities for cargo space purchases and bank borrowings as of 31 December 2023[73] - No material acquisition or disposal of subsidiaries, associates, or joint ventures occurred during FY2023[75] - No significant transactions, arrangements, or contracts involving directors or their connected entities were reported at the end of or during FY2023[174] Financial Reporting and Standards - The company's consolidated financial statements are prepared in accordance with Hong Kong Financial Reporting Standards (HKFRS) and Hong Kong Companies Ordinance[48] - The Group applied new and amended HKFRSs, including HKFRS 17 (Insurance contracts) and amendments to HKAS 8, 1, and 12, with no material effect on financial results or position[57] Industry and Market Analysis - International tourism contributed approximately $3.3 trillion to global GDP in 2023, accounting for 3% of global GDP[86] - The Group's principal customers are engaged in garment, footwear, electronics, and e-commerce small parcel delivery industries[61]

空運貨運代理業務仍為本集團最大的業務分部，佔本集團於二零二三年財政年度 內總收益約54.0%（二零二二年財政年度：約54.9%），此業務主要涉及在收到客戶 的訂艙指示後安排裝運、自航空公司取得貨運艙位、準備相關文件以及在交付至 目的地後安排貨物清關及貨物裝卸。本集團已成為全球各知名企業，包括從事製 衣、鞋履及電子、電子商務業務的小型包裹付運等行業客戶的首選業務合作夥伴。 空運貨運代理業務於二零二三年財政年度錄得收益約2,857.9百萬港元（二零二二 年財政年度：約3,681.3百萬港元），較二零二二年財政年度下降約22.3%。此業務分 部的毛利亦由二零二二年財政年度約156.9百萬港元增長至二零二三年財政年度約 192.6百萬港元，較二零二二年財政年度增幅約22.8%，儘管上遊需求持續軟弱，空 運收入有所下降，但得益於集團在成本管控的出色表現，仍然在逆境中錄得毛利 的增長。 11 海運 根據國際航空運輸協會（簡稱，IATA）統計，二零二三年航空客運總量（按照收入 客公里或RPKs計算）同比二零二二年增長36.9%，全球航空客運量恢復至疫情前二 零一九年的94.1%。二零二三年國際客運量同比二零二二年增長41. ...

二零二三年中期報告 圓通國際快遞供應鏈科技有限公司 21 CORPORATE GOVERNANCE AND OTHER INFORMATION 企業管治及其他資料 | --- | --- | --- | --- | |-------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

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，概不會就因本公告全部或任何 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。 YTO INTERNATIONAL EXPRESS AND SUPPLY CHAIN TECHNOLOGY LIMITED 圓通國際快遞供應鏈科技有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6123） 中期業績公告 截至二零二三年六月三十日止六個月 財務摘要 於報告期內： • 本集團收益為約2,467.6百萬港元，較二零二二年同期減少約28.3%（二零二二年 上半年：約3,439.8百萬港元）； • 本集團錄得本公司權益股東應佔溢利約107.6百萬港元（二零二二年上半年：122.1 百萬港元）； • 空運業務之分部業績較二零二二年同期減少約8.7%至約81.1百萬港元（二零二二 年上半年：約88.8百萬港元）； • 海運業務之分部業績較二零二二年同期減少約63.3%至約41.3百萬港元（二零二 ...

3. SIGNIFICANT ACCOUNTING POLICIES (continued) Business combinations (continued) | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

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。 YTO INTERNATIONAL EXPRESS AND SUPPLY CHAIN TECHNOLOGY LIMITED 圓通國際快遞供應鏈科技有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6123） 末期業績公告 截至二零二二年十二月三十一日止年度 財務摘要 • 本集團於二零二二年財政年度之收益約為6,706.5百萬港元，較二零二一年 財政年度減少約11.2%（二零二一年財政年度：約7,556.4百萬港元）； • 空運業務於二零二二年財政年度之分部業績較二零二一年財政年度減少約 67.7%至約91.4百萬港元（二零二一年財政年度：約282.6百萬港元）； • 海運業務於二零二二年財政年度之分部業績較二零二一年財政年度減少約 8.5%至約196.1百萬港元（二零二一年財政年度：約214.4百萬港元）； • 本集團於二零二二年財政年度錄得本公司權益股東應佔溢利約136.7百萬港 元，較二零二一 ...

international 圓通國際 YTO Express (International) Holdings Limited 圓通速遞 ( 國際 ) 控股有限公司 Incorporated in the Cayman Islands with limited liability 於開曼群島註冊成立之有限公司 Stock Code 股份代號: 6123 関連航空 2022 Interim Report 中期報告 | 国通國際 international CONTENTS 目錄 | --- | --- | --- | --- | |-------|-------------------------------------------------------------------|-------|--------------------------------------------------------------------------------------------------| | | | | | | 2 | Corporate Information 公司資料 | 30 | Consolidat ...