Financial Performance - The company's revenue for the six months ended June 30, 2023, was RMB 554,251 thousand, an increase from RMB 534,953 thousand in the same period of 2022, representing a growth of approximately 3.8%[14] - The total rental income from investment properties increased to RMB 64,557 thousand, up from RMB 58,243 thousand, reflecting a growth of about 10.5%[6] - The operating profit for the period was RMB 122,206 thousand, slightly down from RMB 123,147 thousand in the previous year, indicating a decrease of approximately 0.8%[14] - The profit before tax decreased to RMB 56,616 thousand, compared to RMB 73,766 thousand in the same period last year, representing a decline of around 23.3%[14] - The net profit for the period was RMB 38,443 thousand, down from RMB 47,673 thousand, which is a decrease of approximately 19.2%[16] - Basic and diluted earnings per share were RMB 0.04, compared to RMB 0.05 in the same period of 2022, reflecting a decrease of 20%[14] - The company reported other income of RMB 10,764 thousand, slightly up from RMB 10,411 thousand, indicating an increase of about 3.4%[14] - The cost of sales increased to RMB 127,362 thousand from RMB 106,550 thousand, representing an increase of approximately 19.5%[14] - The total comprehensive income for the period was RMB 35,872 thousand, down from RMB 47,029 thousand, reflecting a decrease of approximately 23.8%[16] Assets and Liabilities - As of June 30, 2023, the total non-current assets amounted to RMB 4,059,514,000, an increase of 4.9% from RMB 3,871,144,000 as of December 31, 2022[17] - Current assets totaled RMB 665,571,000, up 32.8% from RMB 500,974,000 at the end of 2022[17] - The company's current liabilities exceeded current assets by RMB 1,022,525,000, compared to RMB 854,989,000 as of December 31, 2022, indicating a deterioration in liquidity[21] - Non-current liabilities increased to RMB 1,851,671,000 from RMB 1,650,702,000, reflecting a rise of 12.2%[23] - The net assets attributable to equity holders decreased to RMB 1,083,263,000 from RMB 1,141,404,000, a decline of 5.1%[23] - Total liabilities decreased to RMB 3,539,767,000 as of June 30, 2023, from RMB 3,006,665,000 as of December 31, 2022[34] - The group’s net current liabilities amounted to approximately RMB 1,022.5 million as of June 30, 2023, compared to RMB 855.0 million as of December 31, 2022, indicating a decrease in liquidity[169] Cash Flow and Financing - The company confirmed its ability to continue as a going concern for the next twelve months, despite the current liabilities exceeding current assets[21] - Interest income surged to RMB 1,110,000, compared to RMB 391,000 in the previous year, marking a significant increase[29] - The company incurred costs of RMB 67,634,000 for salaries, wages, and other benefits, up from RMB 61,051,000 in 2022[46] - The financing costs increased by approximately RMB 16.2 million compared to the same period last year[85] - Bank loans and other borrowings reached RMB 2,595,961,000 as of June 30, 2023, up from RMB 2,233,241,000 as of December 31, 2022, representing a growth of about 16.3%[99] Operational Highlights - The company is focused on expanding its wastewater treatment and utility services, which are subject to seasonal demand fluctuations[27] - The average daily wastewater treatment capacity is 18,500 tons, with a utilization rate of 48.3%[89] - The first phase of the East China Park is expected to commence operations in Q4 2023, adding 121,000 square meters of leasable area[95] - The group plans to expand its rental space by developing nine factory buildings in the Tianjin Binhai Park, with a total construction area of approximately 68,400 square meters, expected to be completed by December 2023[131] - The group aims to enhance its wastewater treatment capacity in the surface treatment recycling economy industrial park[130] Employee and Corporate Governance - The company had 867 full-time employees, an increase from 833 employees as of June 30, 2022, with employee costs amounting to approximately RMB 67.6 million, representing an increase of about 10.8% compared to RMB 61.1 million for the six months ended June 30, 2022[185] - The company emphasizes employee training, providing onboarding and regular in-service training to ensure performance aligns with strategic goals and operational standards[187] - The company is committed to good corporate governance practices to enhance management and protect shareholder interests[189] Market and Strategic Initiatives - The group has obtained 120 patents, with 32 patents currently under application as part of its R&D efforts[91] - The company has not engaged in any significant investments, acquisitions, or sales during the review period[199] - The group participated in seven exhibitions and eight seminars during the review period to establish customer relationships[92]

Financial Performance - The company's revenue for the year was RMB 1,095.8 million, an increase of RMB 168.0 million or 18.1% compared to the previous year[7]. - The profit attributable to equity shareholders was RMB 111.2 million, up RMB 55.3 million or 98.9% year-on-year[7]. - Revenue from leasing and facility usage increased by approximately RMB 76.7 million or 22.8% to about RMB 412.6 million compared to the previous year[40]. - The group's operating profit before tax increased from approximately RMB 788 million for the year ended December 31, 2021, to approximately RMB 152.2 million for the current year, an increase of about RMB 73.4 million[51]. - The total operating costs rose from approximately RMB 766.9 million for the year ended December 31, 2021, to approximately RMB 862.0 million, representing an increase of about RMB 95.1 million or 12.4%[62]. - The group’s profit attributable to equity shareholders increased from approximately RMB 55.9 million in 2021 to approximately RMB 111.2 million, an increase of about RMB 55.3 million[74]. - Other income increased from approximately RMB 10.8 million in 2021 to approximately RMB 24.4 million, a growth of about 125.9% primarily due to increased government subsidies and interest income[67]. - The company reported total liabilities of RMB 2,234,003,000 for non-current liabilities, an increase from RMB 1,664,714,000 in the previous year[180]. Operational Capacity - The total leasable area across four surface treatment circular economy industrial parks was approximately 1,084,000 square meters, with an overall occupancy rate of 76.5%[12]. - The wastewater treatment capacity at the Tianjin Binhai Park reached a maximum of 6,000 tons per day, with an average annual utilization rate of 34.2%, an increase of 6.1% from the previous year[14]. - The planned maximum wastewater treatment capacity for the Qingshen Park is 20,000 tons per day, which will add 5,000 tons per day to the company's overall capacity[20]. - Water treatment capacity reached 10,000 tons per day, with an average daily wastewater treatment volume of 7,307 tons, resulting in a utilization rate of 73.1%[33]. - The average daily wastewater treatment capacity reached 18,500 tons, with an annual average daily treatment volume of approximately 9,471 tons, resulting in an annual utilization rate of about 51.2%[88]. - The wastewater treatment capacity in the Huazhong area reached a maximum of 2,500 tons per day, with an annual average daily treatment volume of 112 tons and a utilization rate of 4.5%, up 3.8% from the previous year[89]. - The East China Park's planned maximum wastewater treatment capacity is 5,500 tons per day, which will enhance the group's wastewater treatment capabilities[54]. Investments and Future Plans - The first phase of the Qingshen Park is expected to officially commence operations in Q2 2023, which will increase the company's leasable area[19]. - The company plans to continue its strategic layout to promote high-quality economic development and ecological protection[27]. - The company aims to develop and operate more surface treatment recycling economy industries to capture more electroplating enterprises[36]. - The company plans to increase the available rental building area and improve wastewater treatment capacity in future investments[37]. - The construction of the East China Park's first phase, which includes 10 factories, began in April 2022 and is expected to be completed and operational by the third quarter of 2023[53]. - The construction of nine factory buildings in the Tianjin Binhai area, with a total building area of approximately 68,400 square meters, is expected to be completed by December 2023, which will increase the company's leasable area[93]. Costs and Expenses - Wastewater treatment costs rose by approximately RMB 49.2 million or 26.8% to about RMB 232.8 million due to increased leased area and higher unit prices[41]. - Steam costs increased by approximately RMB 18.7 million or 18.2% to about RMB 121.3 million, driven by higher usage and natural gas price increases[41]. - Research and development expenses increased from approximately RMB 9.6 million in 2021 to approximately RMB 10.9 million in the current year, reflecting a growth of about 13.7%[63]. - The group’s other expenses increased from approximately RMB 126.2 million in 2021 to approximately RMB 134.2 million, an increase of about RMB 8.0 million or 6.3%[67]. - The revenue from utility system maintenance increased by approximately RMB 8.5 million or 12.1% to about RMB 79.2 million due to increased electricity consumption and water usage[58]. Cash Flow and Financing - Operating cash flow for 2022 was RMB 503,374,000, an increase of 29.2% from RMB 389,757,000 in 2021[106]. - Net cash used in investing activities increased to RMB (828,067,000) from RMB (660,698,000), reflecting a 25.4% increase[106]. - Cash inflow from bank loans and other borrowings rose to RMB 1,307,389,000, up 72% from RMB 760,298,000 in the previous year[106]. - Cash outflow for bank loans and other borrowings repayment increased to RMB (734,222,000), a rise of 112.5% compared to RMB (345,264,000) in 2021[106]. - Net cash from financing activities improved to RMB 450,900,000, up 31.7% from RMB 342,665,000 in the previous year[106]. - The company's current liabilities exceeded current assets by RMB 854,989,000 as of December 31, 2022, compared to RMB 758,748,000 in 2021[109]. - The total interest-bearing loans amounted to RMB 2,233.2 million as of December 31, 2022, with a debt-to-equity ratio of approximately 163.6%, up from 134.0% in the previous year[135]. Shareholder Information - Major shareholders include Jin Chang Investment Co., Ltd. with a 44.32% stake and Jin Shang Investment Co., Ltd. with a 21.51% stake as of December 31, 2022[165]. - The company has a total of 112,000,000 share options available for issuance under the share option plan, representing 10.1% of the issued share capital[171]. - The company has pledged assets with a book value of approximately RMB 2,233.2 million as collateral for bank loans and other borrowings[182]. Employee and Training - As of December 31, 2022, the group employed 885 full-time employees, an increase from 799 in 2021, with labor costs amounting to approximately RMB 133.4 million, a 30.5% increase from RMB 102.3 million in the previous year[190]. - The company emphasizes employee training, providing onboarding and regular in-service training to align employee performance with strategic goals and operational standards[191]. Risk Management - The company is closely monitoring economic conditions that may impact tenant consumption of freshwater, steam, and utilities, which could pose challenges to its operations and financial status[91]. - The group has limited foreign currency risk as most transactions are conducted in the functional currency, but fluctuations in the HKD to RMB exchange rate may impact financial conditions[194].

香港交易及結算所有限公司及香港聯合交易所有限公司（「聯交所」）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。 Kimou Environmental Holding Limited 金 茂 源 環 保 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6805） 截 至2022年12月31日 止 年 度 的 年 度 業 績 公 告 財務摘要 截至2022年 截至2021年 12月31日 12月31日 止年度 止年度 人民幣千元 人民幣千元 收益 1,095,791 927,750 經營所得溢利 253,671 170,164 本公司權益股東應佔溢利 111,235 55,915 每股基本盈利（附註（）人民幣） 0.10 0.05 每股攤薄盈利（附註（）人民幣） 0.10 0.05 資產總額 4,372,118 3,535,446 ...

Financial Performance - The company's revenue for the six months ended June 30, 2022, was approximately RMB 535.0 million, an increase of about RMB 101.9 million compared to RMB 433.0 million for the same period in 2021[13]. - Profit attributable to equity shareholders for the same period was approximately RMB 52.6 million, up by RMB 15.8 million from RMB 36.9 million in the previous year[13]. - The group's revenue for the review period was approximately RMB 535.0 million, representing an increase of about 23.5% compared to the same period in 2021, driven by growth across all three business segments[41]. - Revenue from leasing and facility services increased by approximately RMB 44.2 million or 27.7% to RMB 203.8 million compared to RMB 159.6 million for the six months ended June 30, 2021[46]. - Wastewater treatment fees rose by approximately RMB 22.2 million or 26.5% to RMB 105.8 million from RMB 83.6 million for the six months ended June 30, 2021[48]. - Steam fees increased by approximately RMB 10.9 million or 22% to RMB 60.2 million from RMB 49.4 million for the six months ended June 30, 2021[49]. - Sales of goods and raw materials increased by approximately RMB 23.9 million or 26.3% to RMB 115.0 million from RMB 91.0 million for the six months ended June 30, 2021[51]. - Operating profit increased by approximately RMB 38.2 million or 45.0% to about RMB 123.1 million, with the operating profit margin rising from 19.6% to 23.0%[65]. - Profit before tax increased by approximately RMB 29.3 million to about RMB 73.8 million, driven by the factors mentioned above[70]. - Net profit attributable to equity shareholders was RMB 52,632,000, compared to RMB 36,857,000 in 2021, marking an increase of 42.7%[158]. - Total comprehensive income for the period was RMB 47,029,000, compared to RMB 30,977,000 in 2021, reflecting a growth of 51.9%[163]. Operational Highlights - The total leasable area across three strategic surface treatment circular economy industrial parks was approximately 855,000 square meters, with an overall occupancy rate of 89.0%[17]. - The occupancy rates for the Guangdong Huizhou, Tianjin Binhai, and Jingzhou parks were 93.3%, 91.2%, and 51.4%, respectively[21]. - The company processed an average daily wastewater treatment volume of 8,961 tons, with a utilization rate of 48.4%[22]. - The group's daily wastewater treatment capacity reached approximately 18,500 tons, with an average daily treatment volume of about 8,961 tons and a utilization rate of approximately 48.4% as of June 30, 2022[23]. - The Qing Shen Park project is expected to increase the group's wastewater treatment capacity by 5,000 tons per day upon completion in Q3 2022, with a planned maximum capacity of 20,000 tons per day[34]. - The Hua Dong Park project is projected to add 5,500 tons per day to the group's wastewater treatment capacity upon completion in Q3 2023, with a maximum planned capacity of 5,500 tons per day[34]. - The group plans to increase the maximum wastewater treatment capacity at the Guangdong Huizhou Park from 10,000 tons to 15,000 tons per day, pending government approval[34]. - The total building area available for lease in the Qing Shen Park is planned to be 676,000 square meters, with the first phase expected to add 134,000 square meters upon completion in Q3 2022[35]. - The Hua Dong Park's first phase is expected to add 121,000 square meters of leaseable area upon completion in Q3 2023[36]. Financial Position - As of June 30, 2022, total bank loans and borrowings amounted to approximately RMB 1,897.5 million, with a capital debt ratio of about 145.9%[84]. - The company's net debt stood at RMB 1,778.4 million as of June 30, 2022, an increase from RMB 1,549.4 million as of December 31, 2021[91]. - The adjusted net debt-to-equity ratio increased to 1.37 as of June 30, 2022, compared to 1.25 as of December 31, 2021[91]. - The company reported cash and cash equivalents of RMB 80.5 million as of June 30, 2022, down from RMB 112.2 million as of December 31, 2021[91]. - The total current liabilities decreased to RMB 1,091.9 million from RMB 1,109.0 million, resulting in a net current liability of RMB 728.8 million, down from RMB 758.7 million[86]. - The company's equity attributable to shareholders reached RMB 1,087,531 thousand, up from RMB 1,038,776 thousand, representing a growth of 4.7%[174]. Costs and Expenses - Total operating costs increased by approximately RMB 70.8 million or 20.1% to RMB 422.8 million from RMB 352.0 million for the six months ended June 30, 2021[55]. - Employee costs increased by approximately RMB 15.9 million or 34.9% to RMB 61.1 million from RMB 45.2 million for the six months ended June 30, 2021[58]. - Inventory costs rose by approximately RMB 41.4 million or 30.5% to RMB 176.9 million from RMB 135.5 million for the six months ended June 30, 2021[57]. - Other expenses increased by approximately RMB 1.5 million or 2.4% to about RMB 63.2 million compared to RMB 61.7 million for the six months ended June 30, 2021, primarily due to increased other taxes and professional service fees[63]. Future Outlook - The company plans to continue expanding its market presence and enhancing its environmental technology services[14]. - The company plans to continue expanding its leasing and facility services to drive future growth[46]. - The company plans to continue as a going concern based on future cash flow forecasts and financing capabilities[196]. - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[171]. Corporate Governance - The board recommended not to declare an interim dividend for the six months ended June 30, 2022, consistent with the previous year[121]. - The board of directors has confirmed compliance with the corporate governance code during the review period[146]. - The audit committee, established on June 18, 2019, oversees the financial reporting process and internal controls, ensuring compliance with relevant regulations[152]. Employee Information - As of June 30, 2022, the company had 833 full-time employees, an increase from 687 full-time employees as of June 30, 2021[115]. - Employee costs, including director remuneration, amounted to approximately RMB 61.1 million, representing an increase of about 34.9% compared to RMB 45.2 million for the six months ended June 30, 2021[115]. - The company has implemented various employee welfare plans, including basic medical insurance and unemployment insurance as per local regulations[119].

Financial Performance - The company recorded revenue of RMB 927.8 million for the year ended December 31, 2021, an increase of RMB 203.0 million or 28.0% compared to the previous year[13]. - The profit attributable to shareholders decreased to RMB 55.9 million, a decline of RMB 46.7 million or 45.5%, primarily due to rising material costs, increased depreciation, and higher financing costs[13]. - The company's revenue for the year was approximately RMB 927.8 million, an increase of about 28.0% compared to RMB 724.7 million in 2020[21]. - The profit attributable to equity shareholders was approximately RMB 55.9 million, a decrease of about 45.5% from RMB 102.6 million in 2020[21]. - Revenue from leasing and facility usage services increased by 19.8% to approximately RMB 335.9 million, attributed to an increase in the average daily rented area[55]. - Wastewater treatment fees increased from approximately RMB 151.9 million for the year ended December 31, 2020, to approximately RMB 183.6 million, representing a growth of RMB 31.8 million or 20.9%[57]. - Steam fees rose from approximately RMB 82.8 million for the year ended December 31, 2020, to approximately RMB 102.6 million, an increase of RMB 19.8 million or 23.9%[58]. - Utility system maintenance fees increased from approximately RMB 59.3 million for the year ended December 31, 2020, to approximately RMB 70.7 million, reflecting a rise of RMB 11.4 million or 19.2%[59]. - Sales of consumables surged from approximately RMB 126.6 million for the year ended December 31, 2020, to approximately RMB 204.5 million, an increase of RMB 77.9 million[62]. - Operating costs rose to approximately RMB 766.9 million, with significant increases in depreciation and amortization costs, which grew from approximately RMB 168.4 million to approximately RMB 203.6 million, a rise of RMB 35.2 million or 20.9%[63][64]. - Employee costs rose from approximately RMB 69.3 million to approximately RMB 102.3 million, an increase of 47.6%[66]. - Operating profit decreased from approximately RMB 173.3 million to approximately RMB 170.2 million, a decline of RMB 3.2 million or 1.8%[75]. - Financing costs surged from approximately RMB 52.9 million to approximately RMB 91.4 million, an increase of RMB 38.4 million or 72.6%[77]. - The group acquired properties, plants, and equipment at a cost of approximately RMB 392.0 million for the year ended December 31, 2021, compared to RMB 402.2 million for the year ended December 31, 2020[83]. - Investment properties were purchased at a cost of approximately RMB 120.7 million, with an additional RMB 9.6 million transferred from right-of-use assets for the year ended December 31, 2021, down from RMB 163.5 million in 2020[84]. - The balance of construction in progress increased by approximately RMB 13.3 million to RMB 376.6 million as of December 31, 2021, primarily due to an increase of RMB 509.0 million for the development of investment properties and wastewater treatment facilities[85]. - As of December 31, 2021, the group's current assets were RMB 350.3 million, while current liabilities were RMB 1,109.0 million, resulting in a net current liability of approximately RMB 758.7 million[88]. - The total borrowings and other debts amounted to RMB 1,664.0 million as of December 31, 2021, an increase from RMB 1,248.997 million in 2020[91]. - The group's debt-to-equity ratio was approximately 134.0% as of December 31, 2021, compared to 107.2% in 2020[92]. - Capital expenditures for the year were approximately RMB 627.6 million, up from RMB 536.3 million in 2020, primarily for the acquisition of investment properties and equipment[98]. - The group had pledged assets with a carrying value of approximately RMB 725.2 million and RMB 291.7 million in land use rights as collateral for bank loans and other borrowings totaling approximately RMB 1,664.0 million[99]. - As of December 31, 2021, the company's distributable reserves amounted to approximately RMB 506,870,000, a decrease from RMB 532,617,000 as of December 31, 2020[180]. - The company repurchased a total of 140,000 shares at a total cost of HKD 126,480, equivalent to approximately RMB 103,410, enhancing shareholder value[182]. Operational Developments - The company has commenced construction of the Qing Shen Surface Treatment Circular Economy Industrial Park, expected to start operations in the second half of 2022, with 16 tenants already signed up[14]. - The company aims to enhance its wastewater treatment capabilities and expand its operations in regions with high demand for surface treatment services, focusing on the core business of electroplating wastewater treatment[14]. - The company plans to consider expanding into hazardous waste treatment and electroplating equipment businesses to increase revenue and improve cash flow[14]. - The total leasable area across three surface treatment circular economy industrial parks was 804,000 square meters, with an overall occupancy rate of 90.4%, up from 89.1% in 2020[24]. - The Guangdong Huizhou Park had a 100.0% occupancy rate, while the Tianjin Binhai Park had an occupancy rate of 86.8% and the Huazhong Park had 48.6%[24]. - The total daily wastewater treatment capacity reached 18,500 tons, with an average daily treatment volume of approximately 9,115 tons, resulting in an average utilization rate of 49.3%[32]. - The average daily wastewater treatment capacity utilization for the Guangdong Huizhou Park was 74.1%, an increase of 8.3 percentage points compared to 2020[32]. - The company holds 83 registered patents and has 15 patents pending as part of its commitment to improving wastewater treatment effectiveness and reuse rates[34]. - The company participated in five exhibitions and nine seminars during the year to establish customer relationships[35]. - The company plans to increase the wastewater treatment capacity in Guangdong Huizhou from 10,000 tons per day to 15,000 tons per day, with the application currently under review by local government[40]. - The construction of the Qing Shen Industrial Park has commenced, with a planned maximum wastewater treatment capacity of 20,000 tons per day, and the first phase expected to handle 5,000 tons per day upon completion[40]. - The company has successfully acquired land rights for two plots totaling 129,747 square meters in Jiangsu Taixing for the establishment of a new surface treatment circular economy industrial park[39]. - The company aims to expand its rental building area by constructing additional factories in Guangdong Huizhou, with the first phase involving four buildings totaling approximately 48,000 square meters[43]. - The company has initiated the construction of the East China Industrial Park, which will have a maximum wastewater treatment capacity of 5,500 tons per day[40]. - The company is committed to developing more surface treatment circular economy industrial parks to enhance revenue through increased customer acquisition[39]. - The total planned rental building area for the Qing Shen Industrial Park is 676,000 square meters, with the first phase expected to be operational by June 30, 2022[43]. - The company is utilizing internal resources and/or bank loans to fund the expansion of its existing surface treatment circular economy industrial parks[44]. - The company has entered into a 20-year lease agreement for a plot of land in Tianjin, along with related environmental service contracts, to expand its operations[104]. - The company successfully acquired land use rights for approximately 84,220 square meters in Sichuan Province, as part of its strategy to develop a surface treatment circular economy industrial park[109]. - An investment agreement was signed for a joint venture with an initial registered capital of RMB 220 million, aimed at constructing a circular economy industrial park in Jiangsu Province[111]. - The company secured land use rights for two plots totaling approximately 129,747 square meters in Jiangsu Province through a public tender[114]. - A transfer agreement was made for the sale of wastewater treatment facilities for RMB 37 million, along with a leaseback agreement for RMB 39.2 million over two years[115]. Employee and Governance - As of December 31, 2021, the company had 799 full-time employees, an increase of approximately 33% from 602 employees in 2020[116]. - Employee costs, including director remuneration, amounted to RMB 102.3 million, representing a significant increase of approximately 476% compared to RMB 69.3 million for the year ended December 31, 2020[116]. - The group's compensation policy is based on employee performance, qualifications, and overall business performance[198]. - No compensation was paid to any directors or the five highest-paid individuals as bonuses for joining or as severance during the year[199]. - No directors waived or agreed to waive any compensation during the year[200]. - The board consists of seven directors, including four executive directors and three independent non-executive directors, ensuring a diverse governance structure[128]. - Mr. Li Xujian has over 43 years of experience in overall business management and oversees the financial management of Huizhou Jinmao Industrial Investment Co., Ltd.[130]. - Mr. Huang Shaobo, the Chief Financial Officer, has over 28 years of experience in accounting, asset evaluation, and M&A consulting, contributing to the group's financial planning and corporate development[134]. - The company has appointed independent non-executive directors with extensive legal and financial backgrounds, enhancing governance and independent advice to the board[135][141]. - The board includes members with significant experience in public service and corporate governance, ensuring a diverse and knowledgeable leadership team[137][143]. - The financial management team has a strong background in both domestic and international markets, enhancing the company's strategic positioning[142]. - The independent directors provide critical oversight and strategic guidance, ensuring the company's long-term sustainability and compliance[135][141]. - The company emphasizes employee training and has implemented an employee stock option plan to incentivize and reward eligible directors and employees[116]. Risk Management and Compliance - The company faces compliance risks related to environmental, safety, and health laws in China, which may require significant upgrades to wastewater treatment technologies and facilities[161]. - The company requires substantial funding for the establishment of surface treatment circular economy industrial parks, and any failure to secure sufficient funding could adversely affect its financial condition and future prospects[162]. - The company has limited foreign currency risk as most transactions are conducted in the functional currency, with no need for foreign currency hedging policies due to minimal potential impact from exchange rate fluctuations[120]. - Interest rate risk primarily arises from floating-rate bank loans, which the management closely monitors to manage the company's exposure[121]. - Credit risk is limited due to trade receivables, with deposits collected from customers to mitigate potential credit risks[122]. - The company maintains a policy of regular monitoring of its liquidity needs and compliance with borrowing covenants to ensure sufficient cash reserves[123]. - The company has complied with relevant laws and regulations that significantly impact its operations and has not identified any major legal or regulatory issues affecting its business[164]. - The company is committed to monitoring changes in environmental, safety, and health laws and regulations, providing regular internal training for employees[161]. - The company's financial performance and future outlook may be significantly affected by market downturns in the electroplating industry[157]. Corporate Social Responsibility - The company is committed to sustainable development in line with national strategies for carbon neutrality and aims to improve ecological environments while reducing industrial wastewater pollution[17]. - The company emphasizes the importance of high-standard wastewater treatment capabilities to attract surface treatment enterprises to its qualified parks[17]. - The board expresses gratitude to employees, customers, suppliers, and investors for their ongoing support and contributions to the company's steady development[17]. - The company has been recognized for its contributions to community and industry, with board members receiving awards for outstanding achievements[138]. - The company made charitable donations totaling RMB 35,000 during the year[181]. - The company is committed to environmental sustainability and has not encountered any non-compliance with relevant laws and regulations in its operations[173]. - The company aims to promote high-quality economic development and ecological protection through strategic planning and capital market engagement[173]. - The company has established close relationships with employees, customers, and business partners to drive sustainable development[170]. - The company will disclose further details regarding its environmental policies and performance in the upcoming annual environmental, social, and governance report[174].

Kimou Environmental Holding Limited 金 茂 源 環 保 控 股 有 限 公 司 (於開曼群島註冊成立的有限公司) 股份代號 : 6805 明報告 目 錄 2 18 26 4 22 23 24 28 30 45 綜合損益及其他全面收益表 綜合財務狀況表 綜合損益表 綜合權益變動表 公司資料 管理層討論及分析 企業管治及其他資料 簡明綜合現金流量表 未經審核中期財務報告附註 致董事會之審閱報告 公司資料 | --- | --- | --- | --- | --- | --- | |-------------------------------------------|-------|-------|--------------------------------------|-------|-------| | | | | | | | | 上市地點 | | | 公司秘書 | | | | 香港聯合交易所有限公司 | | | 嚴洛鈞先生 | | | | 股份代號 | | | 授權代表 | | | | 6805 | | | 張梁洪先生 | | | | | | | 李旭江先生 | | ...

Kimou Environmental Holding Limited o 金 茂 源 環 保 控 股 有 限 公 司 (於開曼群島註冊成立的有限公司) 股份代號 : 6805 水体风险控制中心 目錄 2 公司資料 主席報告 管理層討論及分析 董事及高級管理層簡歷 董事會報告 企業管治報告 獨立核數師報告 綜合損益表 綜合損益及其他全面收益表 綜合財務狀況表 綜合權益變動表 綜合現金流量表 財務報表附註 五年財務摘要 128 投資物業表 4 6 21 26 40 52 57 58 59 61 63 64 127 公司 資料 | --- | --- | |----------------------------------------------|------------------------------------------------------------------------| | 上市地點 | 授權代表 | | 香港聯合交易所有限公司（「 聯交所 」） | 張梁洪先生 | | 股份代號 | 李旭江先生 | | 6805 | 主要往來銀行 | | | 東莞農村商業銀行股份有限公司 | | 董事會 ...

Kimou Environmental Holding Limited o 金 茂 源 環 保 控 股 有 限 公 司 (於開曼群島註冊成立的有限公司) 股份代號 : 6805 水体风险控制中心 ed with the 中 期 報 告 目錄 2 公司資料 2 4 管理層討論及分析 4 19 企業管治及其他資料 19 23 24 25 27 29 31 49 致董事會之審閱報告 49 致董事會之審閱報告 23 綜合損益表 24 綜合損益及其他全面收益表 25 綜合財務狀況表 27 綜合權益變動表 29 簡明綜合現金流量表 31 未經審核中期財務報告附註 公司資料 | --- | --- | |------------------------------------------------------------|--------------------------------------| | | | | 上市地點 | 公司秘書 | | 香港聯合交易所有限公司 | 楊靜文女士 | | 股份代號 | 授權代表 | | 6805 | 張梁洪先生 | | | 李旭江先生 | | | | | 董事會 | 主要往來銀行 ...

Kimou Environmental Holding Limited 金茂源環保控股有限公司 股份代號 : 6805 (於開曼群島註冊成立的有限公司) 水体风险控制中心 2019 年 報 目 錄 2 公司資料 主席報告 管理層討論及分析 董事及高級管理層簡歷 董事會報告 企業管治報告 獨立核數師報告 綜合損益表 綜合損益及其他全面收益表 綜合財務狀況表 綜合權益變動表 綜合現金流量表 62 64 財務報表附註 128 四年財務摘要 4 6 21 27 40 51 56 57 58 60 | --- | --- | |-------------------------------------------|------------------------------------------------------------| | 上市地點 | 授權代表 | | 香港聯合交易所有限公司(「聯交所」) | 張梁洪先生 李旭江先生 | | 股份代號 | | | 6805 | 主要往來銀行 | | | 東莞農村商業銀行股份有限公司 | | 董事會 | 中國 | | 執行董事 | 廣東省東莞 莞太路 | | 張梁洪先生 ...

Kimou Environmental Holding Limited 金茂源環保控股有限公司 Kimou Environmental Holding Limited Kimou Environmental Holding Limited 金茂源環保控股有限公司 金茂源環保控股有限公司 (Incorporated in the Cayman Islands with limited liability) Stock Code: 6805 Interim Report 2019 中期報告 2019 INTERIM REPORT (於開曼群島註冊成立的有限公司) 股份代號 : 6805 中期報告 2019 | --- | --- | |-------|--------------------| | | | | | | | | 目錄 | | 2 | 公司資料 | | | | | 4 | 主席報告 | | 6 | 管理層討論及分析 | | 13 | 企業管治及其他資料 | | 17 | 財務資料 | | 50 | 審閱報告 | 公司資料 香港中央證券登記有限公司 香港灣仔 皇后大道東183號 合和中心 17樓1712 ...