Business Operations and Network - The company operates 14 luxury and ultra-luxury brand 4S dealerships and showrooms across seven provinces in China, including Beijing, Shanghai, Tianjin, Shandong, Sichuan, Zhejiang, and Guangdong[3] - The company's dealership network includes brands such as Porsche, Mercedes-Benz, BMW, Audi, Bentley, Jaguar-Land Rover, and Volvo[3] - The company provides a full range of automotive-related products and services, including sales of new energy and gasoline models, after-sales services, and value-added services such as car financing and used car-related business services[5] - The company has implemented standardized central management across its 4S dealership network, including investment in new stores, pricing, procurement, inventory management, financial management, and budgeting[5] - The company has established advanced information technology systems, including a complete ERP system, to integrate customer and automotive brand data and information[5] - The company's "BetterLife" brand is designed to encourage people to pursue a better life, with a customer-centric philosophy and customized services[5] - The company offers a "butler-style service" to provide detailed services during the new car purchase process, including brand and performance introductions, model selection, test drives, financing, insurance, and license plate registration services[5] - The company aims to provide comprehensive after-sales services, including maintenance, repair, and extended warranty services throughout the vehicle's lifecycle[5] - The company's service model aims to increase customer interaction frequency, maintain consistent service quality across the dealership network, and build customer loyalty[5] Financial Performance - The company sold a total of 9,141 passenger vehicles in the six months ended June 30, 2024, an increase of 8.4% compared to 8,433 vehicles sold in the same period in 2023[6] - Revenue from vehicle sales decreased by 22.2% to approximately RMB 3,673.7 million, accounting for 85.8% of the company's total revenue[6] - Revenue from after-sales services decreased by 5.8% to approximately RMB 606.5 million, accounting for 14.2% of the company's total revenue[6] - The average selling price of vehicles decreased by 28.2% from approximately RMB 559,700 in 2023 to RMB 401,900 in 2024[7] - Gross profit decreased by 36.2% to approximately RMB 203.7 million, with gross margin declining from 6.0% to 4.8%[9] - Other income increased by 42.3% to approximately RMB 259.9 million, mainly due to increased commission income from value-added automotive services[10] - Net profit for the period decreased by 8.1% to approximately RMB 47.5 million, with a net profit margin of 1.1% compared to 1.0% in the same period in 2023[16] - Inventory turnover days increased from 29.8 days as of December 31, 2023, to 36.8 days as of June 30, 2024[18] - Total equity of the group was approximately RMB 2,915.0 million as of June 30, 2024, compared to RMB 2,893.2 million as of December 31, 2023[19] - Current assets of the group were approximately RMB 2,676.0 million as of June 30, 2024, compared to RMB 2,463.5 million as of December 31, 2023[19] - Current liabilities of the group were approximately RMB 1,327.5 million as of June 30, 2024, compared to RMB 1,211.7 million as of December 31, 2023[19] - Interest-bearing bank and other borrowings decreased by approximately 15.3% to RMB 373.9 million as of June 30, 2024, from RMB 441.4 million as of December 31, 2023[19] - Net cash position of the group was approximately RMB 893.7 million as of June 30, 2024, compared to RMB 535.7 million as of December 31, 2023[19] - Cash and cash equivalents, cash in transit, pledged bank deposits, and restricted deposits totaled approximately RMB 1,267.6 million as of June 30, 2024, compared to RMB 977.1 million as of December 31, 2023[19] - Capital commitments of the group were approximately RMB 2.8 million as of June 30, 2024, compared to RMB 3.5 million as of December 31, 2023[20] - Total capital expenditure for the six months ended June 30, 2024, was approximately RMB 54.6 million, compared to RMB 193.1 million for the same period in 2023[23] - The group had 1,405 employees as of June 30, 2024, compared to 1,440 employees as of December 31, 2023[26] - The group did not have any significant contingent liabilities as of June 30, 2024[24] - The company's revenue for the first half of 2024 was RMB 4,280,157 thousand, a decrease from RMB 5,363,537 thousand in the same period of 2023[45] - Gross profit for the first half of 2024 was RMB 203,673 thousand, down from RMB 319,522 thousand in the first half of 2023[45] - Operating profit for the first half of 2024 was RMB 84,653 thousand, compared to RMB 102,318 thousand in the same period of 2023[45] - Net profit attributable to shareholders for the first half of 2024 was RMB 33,878 thousand, down from RMB 35,529 thousand in the first half of 2023[45] - Basic and diluted earnings per share for the first half of 2024 were RMB 0.05, compared to RMB 0.06 in the same period of 2023[45] - Net profit for the six months ended June 30, 2024, was RMB 47,502 thousand, a decrease from RMB 51,732 thousand in the same period last year[47] - Total comprehensive income for the period was RMB 46,795 thousand, up from RMB 41,168 thousand in the previous year[47] - Property, plant, and equipment decreased to RMB 463,087 thousand as of June 30, 2024, from RMB 526,824 thousand at the end of 2023[48] - Cash and cash equivalents increased to RMB 1,126,654 thousand as of June 30, 2024, compared to RMB 858,471 thousand at the end of 2023[48] - Total assets minus current liabilities stood at RMB 3,489,509 thousand as of June 30, 2024, slightly down from RMB 3,500,896 thousand at the end of 2023[48] - Non-current liabilities decreased to RMB 574,538 thousand as of June 30, 2024, from RMB 607,728 thousand at the end of 2023[49] - Total equity attributable to the company's shareholders was RMB 2,701,580 thousand as of June 30, 2024, up from RMB 2,693,401 thousand at the end of 2023[49] - Retained earnings increased to RMB 1,866,780 thousand as of June 30, 2024, from RMB 1,832,902 thousand at the end of 2023[52] - The company declared dividends of RMB 18,675 thousand during the six months ended June 30, 2024[52] - Exchange rate differences from the translation of the company's financial statements amounted to RMB 4,672 thousand for the six months ended June 30, 2024[47] - Operating cash flow decreased to RMB 379.78 million in 2024 from RMB 557.99 million in 2023, reflecting a decline in cash generated from operations[54] - Net cash from investing activities improved to RMB 21.95 million in 2024, compared to a net cash outflow of RMB 143.54 million in 2023, driven by higher proceeds from the sale of property, plant, and equipment[54] - Net cash used in financing activities was RMB 134.99 million in 2024, a significant shift from a net cash inflow of RMB 367.78 million in 2023, primarily due to higher repayments of bank and other borrowings[56] - Total revenue decreased to RMB 4.28 billion in 2024 from RMB 5.36 billion in 2023, with passenger car sales declining to RMB 3.67 billion from RMB 4.72 billion[61] - After-sales service revenue decreased to RMB 606.49 million in 2024 from RMB 643.83 million in 2023, reflecting a decline in service-related income[61] - Other income increased to RMB 259.90 million in 2024 from RMB 182.73 million in 2023, driven by higher commission income of RMB 214.43 million compared to RMB 134.49 million in 2023[62] - Cash and cash equivalents at the end of the period stood at RMB 1.13 billion in 2024, down from RMB 1.49 billion in 2023, reflecting a net increase of RMB 266.74 million during the period[56] - The company's revenue is entirely derived from mainland China, with no geographical diversification in its income streams[61] - Financial costs decreased to RMB 16,349 thousand in 2024 from RMB 25,764 thousand in 2023, primarily due to a reduction in bank and other loan interest expenses from RMB 16,038 thousand to RMB 5,681 thousand[63] - Employee costs decreased to RMB 143,252 thousand in 2024 from RMB 156,588 thousand in 2023, with a notable decrease in salary, wages, and other benefits from RMB 136,354 thousand to RMB 132,576 thousand[64] - Inventory costs decreased significantly to RMB 4,017,800 thousand in 2024 from RMB 4,994,249 thousand in 2023[67] - Depreciation expenses for property, plant, and equipment decreased to RMB 48,980 thousand in 2024 from RMB 59,481 thousand in 2023[67] - The company acquired property, plant, and equipment with a total original cost of RMB 55,240 thousand in 2024, compared to RMB 94,193 thousand in 2023[70] - The company recognized an increase in right-of-use assets of RMB 59,837 thousand in 2024 due to new lease agreements for buildings[71] - Intangible assets, including automotive dealership rights, had a net book value of RMB 857,366 thousand as of June 30, 2024, with a total amortization expense of RMB 19,717 thousand during the period[72] - Goodwill remained unchanged at RMB 378,625 thousand as of June 30, 2024, with accumulated impairment losses of RMB 652,031 thousand[74] - The company recorded a net profit attributable to shareholders of RMB 33,878 thousand for the six months ended June 30, 2024, compared to RMB 35,529 thousand in the same period in 2023[68] - The company's subsidiaries in China are subject to a corporate income tax rate of 25%, with certain subsidiaries enjoying preferential tax rates of 15% due to regional development policies[68] - Inventory as of December 31, 2023, totaled RMB 801,288 thousand, with a provision for inventory of RMB 32,076 thousand[75] - Trade receivables as of June 30, 2024, amounted to RMB 54,544 thousand, with 99.5% expected to be collected within one year[76] - Prepayments, other receivables, and other assets as of June 30, 2024, totaled RMB 497,562 thousand, a decrease from RMB 607,255 thousand at the end of 2023[77] - Restricted bank deposits pledged for notes payable increased to RMB 124,747 thousand as of June 30, 2024, from RMB 108,747 thousand at the end of 2023[78] - Cash and cash equivalents as of June 30, 2024, stood at RMB 1,126,654 thousand, up from RMB 858,471 thousand at the end of 2023[79] - Interest-bearing bank and other borrowings as of December 31, 2023, totaled RMB 441,445 thousand, with RMB 61,370 thousand of inventory pledged as collateral as of June 30, 2024[80] - Trade payables and notes payable as of June 30, 2024, amounted to RMB 614,194 thousand, with RMB 309,256 thousand of inventory pledged as collateral[81] - The company granted 9,800,000 share options under the Share Option Plan, with a weighted average exercise price of HKD 8.264[82][83] - An interim dividend of RMB 0.03 per share was proposed for the six months ended June 30, 2024, totaling RMB 18,675 thousand[84][85] - No cash dividends were declared or paid to non-controlling shareholders for the six months ended June 30, 2024 (same period in 2023: RMB 0)[86] - The company's issued and fully paid ordinary shares remained unchanged at 622,500 thousand shares, with a value of HKD 6,225 thousand (RMB 5,180 thousand equivalent) as of June 30, 2024[87] - Capital commitments for property, plant, and equipment amounted to RMB 2,766 thousand as of June 30, 2024, down from RMB 3,482 thousand as of December 31, 2023[89] - Lease payments to related parties totaled RMB 23,303 thousand for the six months ended June 30, 2024, up from RMB 15,392 thousand in the same period in 2023[92] - The company recorded a lease liability of RMB 91,532 thousand and right-of-use assets of RMB 105,265 thousand as of June 30, 2024, under IFRS 16[94] - Sale and leaseback transactions with related parties generated proceeds of RMB 11,686 thousand for the six months ended June 30, 2024, down from RMB 16,374 thousand in the same period in 2023[95] - Receivables from related parties stood at RMB 18,581 thousand as of June 30, 2024, compared to RMB 23,350 thousand as of December 31, 2023[96] - Payables to related parties increased to RMB 13,740 thousand as of June 30, 2024, from RMB 11,954 thousand as of December 31, 2023[96] - The company's key management personnel compensation totaled a net loss of RMB 3,878 thousand for the six months ended June 30, 2024, compared to a gain of RMB 7,066 thousand in the same period in 2023[97] Corporate Governance and Shareholding - Chou Dynasty holds 450,000,000 shares, representing 72.29% of the issued share capital[30] - Xingtai Investment Management holds 32,026,000 shares, representing 5.34% of the issued share capital[30] - Zhou Xiaobo resigned as Chairman and CEO on March 9, 2024, and was succeeded by Dr. Zhou Songbo and Mr. Xu Tao[35] - The company did not purchase, redeem, or sell any of its listed securities during the period[33] - The company did not hold any significant investments in equity of other companies during the period[34] - The company complied with the Corporate Governance Code except for the period when Zhou Xiaobo served as both Chairman and CEO[35] - The Audit Committee reviewed the unaudited interim financial statements for the six months ended June 30, 2024[38] - The company has no treasury shares as of June 30, 2024[33] - As of June 30, 2024, the company had 3,000,000 unexercised share options under the share option plan, representing approximately 0.5% of the total issued shares[41] - The maximum number of shares that can be issued under the share option plan is 60,000,000, representing approximately 9.64% of the total issued shares as of the report date[40] - As of June 30, 2024, the company could grant additional share options involving 50,200,000 shares, representing approximately 8.1% of the total issued shares[41] - The share option plan has a remaining term of approximately 7 years, with an expiration date of June 16, 2031[41] - During the first half of 2024, 5,800,000 share options granted under the share option plan expired[43] - BetterLife Holding Limited is incorporated in the Cayman Islands with limited liability[103] - The company's stock code is 6909[105] - BetterLife Holding Limited is registered as a limited company in the Cayman Islands[104] Financing and Dividends - The company secured a financing agreement with Hang Seng Bank (China) for up to RMB 200,000,000[37] - The company declared an interim dividend of RMB 0.03 per share, totaling approximately RMB 18.7 million[39] - The company adopted new amendments to IFRS 7 and IAS 7, which will require additional disclosures related to supplier financing arrangements in the annual financial statements for 2024[60]

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。 BetterLife Holding Limited 百得利控股有限公司 （於開曼群島註冊成立的有限公司） （股份代號：6909） 截至2024年6月30日止六個月的 中期業績公告 | --- | --- | |-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | | ...

百得利控股有限公司 BetterLife Holding Limited (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 6909 2023 年度報告 ANNUAL REPORT ...

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。 BetterLife Holding Limited 百 得 利 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6909） 截至2023年12月31日止年度的全年業績公告 集團財務摘要 • 截至2023年12月31日止年度的收益約為人民幣10,728.5百萬元，較截至2022年12月 31日止年度增加約6.4%。 • 截至2023年12月31日止年度，本集團已售出合共18,782輛乘用車，較截至2022年12 月31日止年度增加約23.9%。 • 截至2023年12月31日止年度，銷售汽車所得收益約為人民幣9,427.2百萬元，較截 至2022年12月31日止年度增加約5.7%。 • 截至2023年12月31日止年度，本集團售後服務所得收益達約人民幣1,301.3百萬元， 較截至2022年12月31日止年度增加約11.6%。 • 截至2023年12月31日止年度的溢利約為人民幣84 ...

百得利控股有限公司 百得利控股有限公司 BetterLife Holding Limited BetterLife (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 6909 2023 Holding 中期報告 INTERIM REPORT ...

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。 BetterLife Holding Limited 百 得 利 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6909） 截至2023年6月30日止六個月的 中期業績公告 集團財務摘要 • 截至2023年6月30日止六個月的收益約為人民幣5,363.5百萬元，較2022年同期增加 約17.1%。 • 截至2023年6月30日止六個月，本集團已售出合共8,433輛乘用車，較2022年同期增 加約30.8%。 • 截至2023年6月30日止六個月，銷售汽車所得收益約為人民幣4,719.7百萬元，較 2022年同期增加約16.3%。 • 截至2023年6月30日止六個月，本集團售後服務所得收益達約人民幣643.8百萬元， 較2022年同期增加約23.4%。 • 截至2023年6月30日止六個月的溢利約為人民幣51.7百萬元，較2022年同期減少約 ...

BetterLife 百得利控股有限公司 百得利控股有限公司 BetterLife Holding Limited Holding (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 6909 Limited CUSTOMER ...

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。 BetterLife Holding Limited 百 得 利 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：6909） 截至2022年12月31日止年度的全年業績公告 集團財務摘要 • 截至2022年12月31日止年度的收益約為人民幣10,081.7百萬元，較截至2021年12月 31日止年度增加約1.2%。 • 截至2022年12月31日止年度，本集團已售出合共15,154輛乘用車，較截至2021年12 月31日止年度增加約7.0%。 • 截至2022年12月31日止年度，銷售汽車所得收益約為人民幣8,915.9百萬元，較截 至2021年12月31日止年度增加約2.2%。 • 截至2022年12月31日止年度，本集團售後服務所得收益達約人民幣1,165.9百萬元， 較截至2021年12月31日止年度減少約5.6%。 • 截至2022年12月31日止年度的溢利約為人民幣242. ...

百 得 利控 股 有 限 公 司 BetterLife Holding Limited (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 6909 CUSTOMER FOR LIFE INTERIM REPORT 中期報告 2022 . . . - - - 目 錄 2 公司資料 4 主席報告 7 管理層討論與分析 15 企業管治及其他資料 23 獨立審閱報告 25 合併損益表 26 合併損益及其他全面收益表 27 合併財務狀況表 29 合併權益變動表 31 簡明合併現金流量表 33 未經審核中期財務報告附註 公司資料 董事會 執行董事 周小波先生（主席） 孫靖女士 徐濤先生 鄒國強先生 獨立非執行董事 劉登清先生 黃家傑先生 邱家賜先生 公司秘書 鄒國強先生 授權代表 孫靖女士 鄒國強先生 審核委員會 邱家賜先生（主席） 劉登清先生 黃家傑先生 薪酬委員會 黃家傑先生（主席） 周小波先生 劉登清先生 提名委員會 周小波先生（主席） 劉登清先生 邱家賜先生 戰略發展委員會 周 ...

百得利控股有限公司 BetterLife Holding Limited (Incorporated in the Cayman Islands with limited liability) (於開曼群島註冊成立的有限公司) Stock Code 股份代號: 6909 CUSTOMER FOR LIFE 2021 ANNUAL REPORT 年度報告 目錄 2 公司資料 4 主席報告 7 管理層討論與分析 15 董事及高級管理人員履歷 21 董事會報告 42 企業管治報告 55 環境、社會及管治報告 79 獨立核數師報告 83 合併損益表 84 合併全面收益表 85 合併財務狀況表 87 合併權益變動表 88 合併現金流量表 90 財務報表附註 182 四年財務概要 公司總部 獨立非執行董事 劉登清先生 黃家傑先生 大新金融中心40樓 邱家賜先生 註冊辦事處 公司秘書 鄒國強先生 授權代表 孫靖女士 鄒國強先生 審核委員會 邱家賜先生（主席） 劉登清先生 黃家傑先生 薪酬委員會 黃家傑先生（主席） 周小波先生 劉登清先生 提名委員會 香港股份過戶登記處 周小波先生（主席） 香港中央證券登記有限公司 劉登清先 ...