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佈之內容概不負責，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佈全部或任何部分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。 HG SEMICONDUCTOR LIMITED 宏 光 半 導 體 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6908） 截至二零二四年十二月三十一日止年度 經審核年度業績公佈 | 財務摘要 | | --- | | 截至十二月三十一日止年度（人民幣千元） | 二零二四年 | 二零二三年 | 變動百分比 | | | --- | --- | --- | --- | --- | | 收益 | 75,282 | 88,600 | – | 15.0% | | 銷售成本 | (67,491) | (80,068) | – | 15.7% | | 毛利 | 7,791 | 8,532 | – | 8.7% | | 除所得稅前虧損 | (178,477) | (160,509) | 11.2 | % | | 淨虧損 | (183,076) | (157,573) | 16.2 | % | | 每股 ...

Valuation Methodology - The valuation of Fast Charging Limited was based on the income approach, specifically the discounted cash flow method, to account for future growth potential[1] - Key assumptions for the valuation included the accuracy of financial and operational information provided by management, and the expectation of continued operational efficiency for Fast Charging Limited[2] - The financial forecasts outlined in the valuation are deemed reasonable and reflective of market conditions and economic fundamentals[2]

Financial Performance - For the six months ended June 30, 2024, HG Semiconductor Limited reported revenue of RMB 34,252,000, a decrease from RMB 45,905,000 in the same period of 2023, representing a decline of approximately 25.5%[10] - The gross profit for the same period was RMB 2,718,000, down from RMB 3,039,000 in 2023, indicating a decrease of about 10.6%[10] - The company incurred a loss of RMB 57,205,000 for the six months ended June 30, 2024, compared to a loss of RMB 51,939,000 in the prior year, reflecting an increase in loss of approximately 10.5%[10] - Total comprehensive loss for the period was RMB 115,180,000, significantly higher than RMB 53,830,000 in the previous year, marking an increase of around 114.3%[10] - Basic and diluted loss per share was RMB 7.22, compared to RMB 8.39 in the same period last year, showing an improvement in loss per share by approximately 13.9%[10] - The company reported a loss before tax of RMB 57,205,000 for the six months ended June 30, 2024, compared to a loss of RMB 50,130,000 in the same period of 2023[30] - The company reported a loss attributable to shareholders of approximately RMB 54.2 million for the first half of 2024[91] Revenue Breakdown - Revenue from LED products for the six months ended June 30, 2024, was RMB 33,220,000, a decrease of 25% from RMB 44,310,000 in the same period of 2023[30] - Revenue from GaN and other semiconductor products was RMB 1,032,000, down 35% from RMB 1,595,000 year-over-year[30] - Revenue from LED products was approximately RMB 33.2 million, accounting for about 97.0% of total revenue, down from RMB 44.3 million and 96.5% in the previous period[102] - Revenue from GaN and other semiconductor products was approximately RMB 1.0 million, representing about 3.0% of total revenue, down from RMB 1.6 million and 3.5% in the previous period[102] Expenses and Costs - Sales and distribution expenses for the period were RMB 6,785,000, up from RMB 1,036,000 in 2023, representing a significant increase of approximately 553.5%[10] - Administrative and other expenses totaled RMB 62,949,000, compared to RMB 46,994,000 in the previous year, reflecting an increase of about 33.9%[10] - Financial costs for the six months ended June 30, 2024, were RMB 2,164,000, down from RMB 6,273,000 in the previous year, indicating a reduction of approximately 65%[31] - Share-based payment expenses for the period amounted to RMB 29.8 million, a significant increase from RMB 3.7 million in the previous period, mainly due to the employee share incentive plan[108] Assets and Liabilities - Total assets as of June 30, 2024, amounted to RMB 1,031,080 thousand, a decrease from RMB 1,064,886 thousand as of December 31, 2023, representing a decline of approximately 3.2%[11] - Non-current assets decreased from RMB 441,070 thousand to RMB 365,497 thousand, a reduction of about 17.1%[11] - Current assets increased to RMB 331,583 thousand from RMB 323,816 thousand, reflecting a growth of approximately 2.3%[11] - Total liabilities decreased from RMB 39,448 thousand to RMB 32,166 thousand, a decline of around 18.6%[11] - Net asset value as of June 30, 2024, was RMB 660,778 thousand, down from RMB 720,610 thousand, indicating a decrease of about 8.3%[11] - The equity attributable to owners of the company decreased from RMB 677,066 thousand to RMB 590,895 thousand, a drop of approximately 12.7%[11] Cash Flow and Liquidity - Operating cash flow for the six months ended June 30, 2024, was a net outflow of RMB 34,679 thousand, compared to a net outflow of RMB 24,425 thousand for the same period in 2023, representing a 42% increase in cash used[15] - The company reported a cash and cash equivalents balance of RMB 21,691 thousand, down from RMB 49,287 thousand, a decrease of about 56.0%[11] - The company’s total cash and cash equivalents at the end of the first half of 2024 stood at RMB 21,691 thousand, down from RMB 52,005 thousand at the end of the same period in 2023, indicating a liquidity challenge[16] Market and Industry Insights - The LED lighting industry faced ongoing negative impacts due to a sluggish real estate market and weak consumer demand for electronic products in the first half of 2024[86] - The global semiconductor market is projected to grow by 16.0% in 2024, with an estimated valuation of USD 611 billion[88] - The demand for third-generation semiconductor materials, particularly GaN, is expected to increase significantly, driven by the growth in the new energy and electric vehicle sectors[89] - The GaN power device market is projected to grow from USD 46 million in 2020 to USD 1.1 billion by 2026, with a compound annual growth rate of 70%[97] Strategic Initiatives - The company plans to continue its market expansion and product development strategies in the upcoming quarters[12] - The company aims to become a leading supplier of third-generation semiconductors in the Greater China region by accelerating the R&D and application of GaN technology[85] - The company has successfully installed two production lines for GaN-related products at its semiconductor factory in Xuzhou, Jiangsu Province[92] - The company plans to complete the front-end process of power chips by the fourth quarter of 2024 and aims for mass production within the year[94] Shareholder and Governance Matters - The company did not declare or pay any dividends for the six months ended June 30, 2024[35] - The board did not recommend the payment of an interim dividend for the period, consistent with the previous period[114] - The company adopted the corporate governance code and confirmed compliance during the period[159] - The board composition was adjusted to meet listing rules, with three independent non-executive directors as of May 8, 2024[161] Employee and Stock Option Plans - The employee stock incentive plan resulted in a share reward expense of approximately RMB 24.8 million during the period[12] - The company has a stock option plan that granted 34,510,000 options to 26 participants at a price of HKD 1 each on June 17, 2021, and 7,890,000 options to 48 participants at the same price on July 28, 2023[68] - The company recognized an expense of approximately RMB 3.0 million related to the stock option plan, compared to RMB 3.7 million for the same period ended June 30, 2023[77] - The company adopted the 2023 Share Award Plan on December 29, 2023, with a validity period of 10 years, allowing for a maximum of 10% of the issued shares (751,054,785 shares) to be granted as rewards[78]

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佈之內容概不負責，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佈全部或任何部分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。 HG SEMICONDUCTOR LIMITED 宏 光 半 導 體 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6908） 截至二零二四年六月三十日止六個月 中期業績公佈 | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

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佈的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示，概不對因本公佈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。 HG SEMICONDUCTOR LIMITED 宏 光 半 導 體 有 限 公 司 （ 於開曼群島註冊成立的有限公司） （股份代號：6908） 有關二零二三年年報的補充公佈 茲提述宏光半導體有限公司（「本公司」）截至二零二三年十二月三十一日止年度的年報（「二 零二三年年報」）。除文義另有所指外，本公佈所用詞彙與二零二三年年報所界定者具有相 同涵義。 本公司董事（「董事」）會（「董事會」）謹此向本公司股東及潛在投資者提供以下有關購股權計 劃 及 股 份 獎 勵 計 劃 的 額 外 資 料 ， 有 關 詳 情 分 別 載 於 二 零 二 三 年 年 報 內「 董 事 會 報 告 」一 節 「購股權計劃」及「股份獎勵計劃」各段。 購股權計劃 於二零二三年一月一日，根據購股權計劃可供授出的購股權數目為5,490,000份，而於二零 二三年十二月三十一日，購股權計劃項下概無購股權可供授出。購股權計劃並無設置服務 ...

經不時修訂、修改及補充的開曼群島公司法（經修訂）項下並無允許股東於股東大會上提呈新決議案的條文。 該通知須列明股東姓名、聯繫方式及其所持股權、獲提名參選董事人選的全名，包括上市規則第13.51(2)條所規定 的該人士的履歷詳情，並由相關股東（而非將予提名的人士）簽署。該通知亦須附有提名參選人士表示願意獲選為 董事所簽署的同意函（「函件」）。 該通知將由本公司股份過戶登記分處核實，而確認相關要求屬適當且合規後，本公司公司秘書將要求本公司提名 委員會及本公司董事會考慮將該決議案納入提名相關人士參選董事的股東大會議程內。 本公司已採納股息政策，讓本公司股東分享本公司溢利，並同時預留本公司溢利及流動資金以把握未來增長 機會。 (b) 本公司及本集團各成員公司之保留盈利及可分派儲備； (f) 本集團之貸方可能施加之任何派息限制； 企業管治報告 本公司並無任何既定的股息派付比率。 環境、社會及管治報告 報告範圍 • 重要性原則。於本環境、社會及管治報告，我們已通過對持份者線上調查、信息分析等甄別及解決影響本公 司可持續發展的重要環境、社會及管治議題。該進程及重要性分析結果詳情參見本環境、社會及管治報告 「持份者參與及重要 ...

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佈之內容概不負責，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佈全部或任何部分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。 – 1 – 綜合損益及其他全面收益表 截至二零二三年十二月三十一日止年度 二零二三年 二零二二年 附註 人民幣千元 人民幣千元 以下人士應佔全面收益總額： 本公司擁有人 (126,278) (85,490) 非控股權益 (7,795) — – 3 – 資產及負債 流動資產 存貨 48,788 58,949 應收貿易及票據款項 11 68,693 77,265 預付款項、按金及其他應收款項 12 106,056 72,476 按公平值計入損益的金融資產 34,440 33,900 現金及現金等價物 49,287 43,794 流動負債 應付貿易款項 13 11,018 23,262 其他應付款項及應計費用 16,576 25,247 銀行及其他借貸 14 10,000 41,139 租賃負債 1,829 7,520 應付稅項 25 — – 4 – 截至二零二三年十二月三十一日止年度 經審核年度業績公佈 由於 ...

(incorporated in the Cayman Islands with limited liability) Stock Code: 6908 目 錄 公司資料 KY1-1108 中國 珠海市 南屏科技工業園 屏工二路8號 2樓 北側 截至二零二三年六月三十日止六個月 未經審核簡明綜合中期業績 5 宏光半導體有限公司 二零二三年中期報告 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------|--------------------|----------------------|---------------------------|------------------------|------------------------|-------|----------------------|-----------------------------|------------------------|----------------- ...

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佈之內容概不負責，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佈全部或任何部分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。 HG SEMICONDUCTOR LIMITED 宏 光 半 導 體 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6908） 截至二零二三年六月三十日止六個月 中期業績公佈 財務摘要 截至二零二三年六月三十日止六個月 與截至二零二二年六月三十日止六個月同期比較 — 根據宏光半導體有限公司（「本公司」）及其附屬公司（統稱「本集團」）截至二零二三年 六月三十日止六個月（「本期間」）之未經審核簡明綜合業績，本集團本期間之收益增 加至約人民幣45.9百萬元，較截至二零二二年六月三十日止六個月（「上個期間」）約人 民幣43.4百萬元增加約5.8%。 — 於本期間，本集團毛利減少至約人民幣3.0百萬元，較上個期間約人民幣8.1百萬元減 少約63.0%。 ...

综合財務報表乃根據所有適用香港財務報告準則、香港會計準則〔「香港會計準則〕及詮釋(下文統稱為 「香港財務報告準則」)以及香港 公司條例之披露 規定而 編製。此外・財務 報表 亦已包括香港聯合交易所 有限公司證券上市規則規定之適用披露。 (b) 計量基準 財務報表乃根據歷史成本基準編製,惟按公平值計入損益的金融資產及按公平值計入其他全面收益的 金融資產除外,該等資產按公平值計量,其會計政策關明如下。 (c) 功能貨幣及呈列貨幣 財務報表以人民幣(「人民幣」呈列,而人民幣亦為本公司之功能貨幣。除另有指明外,所有金額均約 整至最接近之千位數(「人民幣千元」。 宏光半導體有限公司 86 財務報表附註 截至二零二二年十二月三十一日止年度 4. 主要會計政策 (a) 業務合併及綜合基準 综合財務報表包括本公司及其附屬公司(Γ本集團J)的財務報表。集團內公司間交易及結餘連同未變現 溢利於編製綜合財務報表時悉數對銷。未變現虧損亦予以對銷,惟相關交易有證據顯示所轉讓資產出 現減值除外·而在此情況下虧損則於損益確認。 年內收購或出售附屬公司的業績自收購日期起或至出售目期止(如適用)載於綜合全面收益表。如有必 要·須對附屬公司財務 ...