Financial Performance - The company's revenue for 2022 was RMB 3,638,203 thousand, a decrease of 23.3% compared to RMB 4,739,146 thousand in 2021[5]. - Gross profit for 2022 was RMB 184,700 thousand, down from RMB 251,789 thousand in 2021, resulting in a gross margin of 5.1%[5]. - Adjusted net profit attributable to equity holders was RMB 5,711 thousand in 2022, a significant decline from RMB 108,503 thousand in 2021[5]. - The operating profit for 2022 was RMB 11,445 thousand, compared to RMB 116,816 thousand in 2021, indicating a sharp decrease[5]. - In 2022, the company recorded revenue of approximately RMB 3,638.2 million, a decrease of about 23.2% compared to 2021[51]. - The total revenue for the group for the year ended December 31, 2022, was approximately RMB 3,638.2 million, a decrease of about 23.2% compared to RMB 4,739.1 million for the year ended December 31, 2021[67]. - Revenue from integrated flexible employment services was approximately RMB 3,574.0 million for the year ended December 31, 2022, down about 22.7% from RMB 4,621.7 million for the year ended December 31, 2021[69]. - The gross profit margin for the company was approximately 5.1% in 2022, slightly down from 5.3% in 2021, with a recovery observed in the second half of the year where the gross profit margin reached about 6.2%[95]. - Revenue from corporate training services was approximately RMB 0.1 million in 2022, a significant decline from RMB 1.0 million in 2021, largely due to the impact of the COVID-19 pandemic[94]. - Total professional recruitment revenue for the year ended December 31, 2022, was approximately RMB 45.4 million, a decrease of about 49.6% compared to approximately RMB 90.0 million for the year ended December 31, 2021[97]. - The net profit for the year ended December 31, 2022, was approximately RMB 6.9 million, down about 93.3% from approximately RMB 102.3 million in the previous year[111]. Assets and Liabilities - The company's total assets increased to RMB 2,127,887 thousand in 2022 from RMB 1,992,926 thousand in 2021, reflecting a growth of 6.8%[5]. - The total equity attributable to equity holders rose to RMB 1,449,594 thousand in 2022, up from RMB 1,277,732 thousand in 2021[5]. - Non-current assets increased significantly to RMB 631,668 thousand in 2022 from RMB 340,291 thousand in 2021, showing a growth of 85.5%[5]. - Trade receivables and bills as of December 31, 2022, were approximately RMB 955.9 million, an increase of about 25.6% compared to approximately RMB 761.0 million as of December 31, 2021[115]. - The carrying amount of intangible assets as of December 31, 2022, was approximately RMB 420.0 million, an increase from approximately RMB 91.3 million as of December 31, 2021[140]. - Cash and cash equivalents as of December 31, 2022, were approximately RMB 354.4 million, a decrease of approximately RMB 284.0 million from RMB 638.4 million as of December 31, 2021[126]. - The company had approximately RMB 95.2 million in outstanding borrowings as of December 31, 2022, primarily related to bank loans of Shanghai Sire[149]. - As of December 31, 2022, the company had unused bank financing of approximately RMB 275.0 million[167]. - The company maintained a net cash position as of December 31, 2022, with cash and cash equivalents exceeding borrowings[168]. Operational Efficiency - The number of days for trade receivables turnover increased to 80 days in 2022 from 44 days in 2021, indicating a decline in collection efficiency[1]. - The average revenue per internal employee reached RMB 3,290,000 in 2022, with a turnover rate of approximately 9.8% for flexible staffing employees[78]. - The turnover rate for flexible staffing employees increased to approximately 9.8% in 2022, up from 7.4% in 2021, attributed to external environmental impacts[96]. - The company aims to enhance project management processes and online monitoring of key operational indicators through continuous optimization of its system platform and data analysis[96]. - The company aims to integrate acquired businesses into its structure to achieve synergies and expand market share in the fast-growing digital business sector[31]. Digital Technology and Cloud Services - The company's digital technology and cloud services business experienced an organic growth of 195.7% compared to 2021, with revenue reaching approximately RMB 538.9 million in 2022, accounting for 14.8% of total revenue[31]. - The company's digital technology and cloud services revenue reached approximately RMB 288.1 million in 2022, a growth of 195.7% compared to 2021[52]. - Digital technology and cloud services revenue reached approximately RMB 538.9 million in 2022, representing a growth of about 453.2% compared to the previous year[71]. - The proportion of revenue from digital professional services increased from approximately 7.6% in 2021 to about 22.0% in 2022[71]. - Following the acquisition of a company providing IT and digital talent services, the total number of employees in the digital technology and cloud services segment increased from 885 to 6,386 by the end of 2022[56]. Research and Development - Research and development investment increased from RMB 18.1 million in 2021 to RMB 32.6 million in 2022, focusing on the development of the "Rui Zhi System" to enhance operational efficiency and reduce costs[32]. - R&D expenditure increased from RMB 18.1 million in 2021 to RMB 32.6 million in 2022, reflecting a commitment to innovation[58]. - The integrated management platform "Ruibo System" was launched in 2022 to improve operational efficiency and reduce costs[58]. Market and Client Relations - The company aims to explore high-value integrated flexible staffing business opportunities, including human resources, administration, finance, legal, and research and development positions[33]. - The company reported a significant portion of its revenue comes from general outsourcing services for new economy industry clients, indicating potential risks if demand slows down[191]. - The company faces major risks if revenue from its top five clients declines significantly, which could adversely affect its business and financial condition[191]. - The company aims to manage risks by focusing on technology-driven digital human resources services and maintaining stable relationships with existing clients[191]. - The company is actively seeking new clients while adapting to the latest developments in the human resources industry to mitigate competition risks[191]. Strategic Initiatives - The company is actively responding to national strategic planning, including the "14th Five-Year Plan" and the carbon neutrality goal of "3060," promoting green transformation in human resources services[24]. - The company has established a wholly-owned subsidiary, Renrui Education (Hong Kong) Limited, to expand its overseas operations[194]. - The company has applied for and is currently registering trademarks outside of China to promote its related business internationally[194]. - The company has obtained four domain names and is building an overseas website to introduce its services to international users[194]. - The company has acquired local phone numbers in Hong Kong to promote its call center services overseas[194]. Risks and Compliance - The company faces potential financial risks related to revised contract arrangements, which may lead to significant penalties if deemed non-compliant with applicable laws[193]. - The company is subject to scrutiny from Chinese tax authorities regarding revised contract arrangements, which could result in additional tax liabilities impacting financial performance[194]. - The company has faced significant uncertainties regarding its corporate structure and governance due to changes in foreign investment laws[194]. Corporate Governance and Social Responsibility - The company has been recognized for its commitment to social responsibility, employee welfare, and sustainable development[192]. - There were no significant contingent liabilities as of December 31, 2022[169]. - The company had no major investments as of December 31, 2022[171]. - The company had no asset pledges as of December 31, 2022[173]. - No significant events occurred after December 31, 2022, that would impact the company[172].

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份內容而產生或因依賴該等內 容而引致的任何損失承擔任何責任。 Renrui Human Resources Technology Holdings Limited 人 瑞 人 才 科 技 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：6919） 截 至 2022 年 12 月 31 日 止 年 度 之 年 度 業 績 公 告 及 變更全球發售所得款項用途 年度業績摘要 截至12月31日止年度 2022年 2021年 變動 業績 人民幣千元 人民幣千元 收入 3,638,203 4,739,146 -23.2% 經營溢利 11,445 116,816 -90.2% 年內溢利 6,856 102,348 -93.3% 本公司權益持有人應佔（虧損）╱溢利 (7,303) 101,667 不適用 經營活動所得╱（所用）現金淨額 118,905 (89,962) 不適用 非香港財務報告準則計量 本公司權益持有人應佔 經調整溢利(1) 5,711 10 ...

Financial Performance - Revenue for the first half of 2022 was RMB 1,733.89 million, a decrease of approximately 18.5% compared to RMB 2,128.32 million in the same period of 2021[10]. - Gross profit for the first half of 2022 was RMB 65.75 million, resulting in a gross margin of 3.8%, down from 7.3% in the same period of 2021[10][12]. - The company recorded a loss of RMB 29.62 million in operating profit for the first half of 2022, compared to a profit of RMB 84.81 million in the same period of 2021[10]. - Adjusted net loss for the first half of 2022 was RMB 22.37 million, compared to an adjusted net profit of RMB 81.01 million in the same period of 2021[10][14]. - For the six months ended June 30, 2022, the total revenue of the group was approximately RMB 1,733.9 million, a decrease of approximately RMB 394.4 million or 18.5% compared to RMB 2,128.3 million for the same period in 2021[39]. - The company's general service outsourcing business revenue was approximately RMB 1,461.4 million, accounting for about 86.2% of the total revenue, with a year-on-year decrease of about 24.6%[33]. - The revenue from integrated flexible staffing services was approximately RMB 1,695.2 million, down approximately RMB 374.7 million or 18.1% from RMB 2,069.9 million for the same period in 2021[42]. - The company recorded a net loss for the six months ended June 30, 2022, of approximately RMB 24.6 million, a significant decline from a net profit of RMB 74.7 million for the same period in 2021[116]. Revenue Segments - Revenue from the digital technology and cloud services segment reached approximately RMB 111.4 million in the first half of 2022, representing a year-on-year increase of about 332.9%[17]. - Excluding the impact of terminated cooperation agreements, the company's revenue for the first half of 2022 was approximately RMB 1,634.7 million, representing a year-on-year growth of about 29.2%[20]. - The revenue contribution from digital technology and cloud services and digital operations and customer service increased from approximately 6.3% in the first half of 2021 to approximately 13.8% in the first half of 2022[46]. - Professional recruitment revenue totaled approximately RMB 29.3 million, a decrease of approximately 39.0% from RMB 48.0 million for the same period in 2021[45]. Cost Management - Cost control measures have been implemented to optimize resource allocation and reduce operational costs[17]. - Total costs for the group were approximately RMB 1,668.1 million for the six months ended June 30, 2022, a decrease of about RMB 303.8 million or approximately 15.4% from approximately RMB 1,971.9 million for the same period in 2021[53]. - The gross profit margin for integrated flexible staffing services dropped from approximately 6.3% in the first half of 2021 to approximately 3.1% in the first half of 2022, primarily due to the impact of the new COVID-19 outbreak[55]. - The company implemented cost reduction measures, including closing seven secondary service locations, resulting in a loss of approximately RMB 1.7 million in rental deposits[131]. Employee Metrics - The number of employees in the information technology and digital talent sector increased from 231 on June 30, 2021, to 1,214 on June 30, 2022[23]. - The average revenue per employee in the first half of 2022 was approximately RMB 1.71 million, higher than the industry average of RMB 1.5 million[30]. - The number of employees in integrated flexible staffing services decreased from 45,244 as of June 30, 2021, to 28,873 as of June 30, 2022, a decline of approximately 36.2%[42]. - As of June 30, 2022, the company had a total of 32,265 employees, with 870 internal employees[66]. Research and Development - R&D expenses for the first half of 2022 were approximately RMB 13.3 million, a year-on-year increase of about 83.0%[27]. - The percentage of R&D expenses to revenue increased from approximately 0.3% for the six months ended June 30, 2021, to approximately 0.8% for the same period in 2022[62]. Financial Position - As of June 30, 2022, the net current assets amounted to approximately RMB 751.8 million, a decrease of about RMB 243.2 million or approximately 24.4% compared to RMB 995.0 million as of December 31, 2021[124]. - Trade receivables and notes receivable were approximately RMB 521.2 million as of June 30, 2022, a decrease of about RMB 239.8 million or approximately 31.5% from RMB 761.0 million as of December 31, 2021[125]. - The cash and cash equivalents and investments in investment-grade corporate bonds and bond funds decreased by approximately RMB 254.9 million compared to December 31, 2021[124]. - The company paid approximately RMB 183.6 million as the first installment for the acquisition of a 46.0% stake in Shanghai Sire on March 7, 2022[124]. Stock Options and Corporate Governance - The company granted a total of 11,350,000 stock options to 5 directors and 199 internal employees on June 17, 2022, with a related share-based payment expense of approximately RMB 2.2 million[70]. - The company has a stock option plan that allows for options to be exercised within eight years from the adoption date, subject to vesting conditions[73]. - The board does not recommend the payment of an interim dividend for the six months ended June 30, 2022[179]. - The group does not foresee any significant adverse effects on its business, financial condition, or operating performance due to non-compliance with laws and regulations in its jurisdiction as of June 30, 2022[196].

Financial Performance - Revenue for 2021 reached RMB 4,739.146 million, a significant increase of 67.5% compared to RMB 2,830.052 million in 2020[11] - Adjusted net profit for 2021 was RMB 108.290 million, down from RMB 183.211 million in 2020, reflecting a decrease of 41.0%[11] - The company reported a basic earnings per share of RMB 0.66 for 2021, down from RMB 1.19 in 2020[11] - For the fiscal year ending December 31, 2021, the company's revenue was approximately RMB 4,739.1 million, representing a year-on-year growth of 67.5%[33] - The overall cost of revenue increased to approximately RMB 4,487.4 million in 2021, a growth of about 75.3% from RMB 2,559.2 million in 2020[87] - The gross profit margin decreased to 5.3% in 2021 from 9.6% in 2020, indicating a decline in profitability[13] - Operating profit decreased from approximately RMB 198.5 million for the year ended December 31, 2020, to approximately RMB 116.8 million for the year ended December 31, 2021, a decline of approximately 41.2%[103] - Profit before tax for the year ended December 31, 2021, was approximately RMB 120.4 million, a decrease of about RMB 88.0 million or approximately 42.2% compared to RMB 208.4 million for the year ended December 31, 2020[107] - Net profit for the year ended December 31, 2021, was approximately RMB 102.3 million, down from approximately RMB 182.9 million for the year ended December 31, 2020[110] Assets and Liabilities - Total assets increased to RMB 1,992.926 million in 2021, up from RMB 1,769.922 million in 2020, representing an increase of 12.6%[12] - Current liabilities rose to RMB 657.643 million in 2021, compared to RMB 493.074 million in 2020, indicating a 33.4% increase[12] - Current assets as of December 31, 2021, were approximately RMB 1,652.6 million, with current liabilities at approximately RMB 657.6 million, resulting in net current assets of approximately RMB 995.0 million, a decrease of about RMB 156.7 million or approximately 13.6% compared to RMB 1,151.7 million as of December 31, 2020[114] - Trade receivables and bills increased by approximately RMB 283.1 million or 59.2% compared to December 31, 2020, primarily due to increased revenue and extended credit terms for new strategic clients[115] - Trade and other payables increased by approximately RMB 155.7 million or 35.9% compared to December 31, 2020, mainly due to an increase in accrued salaries and benefits from a growing workforce[123] Employee Metrics - The number of comprehensive flexible workers increased from 38,637 on December 31, 2020, to 50,447 on December 31, 2021, reflecting a growth of approximately 30.6%[33] - The company recruited a total of 99,499 employees across all business segments in the fiscal year, an increase of approximately 35.5% compared to the previous year[33] - The average revenue per employee in 2021 was RMB 4,683, up from RMB 3,690 in 2020[47] - The employee turnover rate for flexible workers decreased to 7.4% in 2021, down from 9.0% in 2020[47] - The average number of managed flexible employees per internal staff member increased to 265 in 2021 from 232 in 2020[47] Digital Transformation and Growth Strategy - The company aims to leverage technology to drive human resource services and support digital transformation for Chinese enterprises[18] - Future growth strategies include providing comprehensive human resource solutions to become a trusted partner in digital transformation[18] - The company is focused on sustainable and leapfrog growth in the context of China's accelerating digital transformation[18] - The company aims to leverage digital transformation opportunities, aligning with the Chinese government's push for digital economy growth, which is projected to reach a market size of over RMB 10 trillion by 2025[29] - The company anticipates that the digital professional services will become a new growth driver, with a higher gross margin due to the specialized knowledge and qualifications required in this sector[22] Revenue Segmentation - The digital technology and cloud services segment generated revenue of approximately RMB 97.4 million, with a year-on-year increase of 663.5%[22] - The digital operations and customer service segment achieved revenue of approximately RMB 261.1 million, marking a growth rate of 73.4%[22] - Revenue from integrated flexible staffing services for the year ended December 31, 2021, was approximately RMB 4,621.7 million, representing a growth of approximately 69.5% from RMB 2,726.9 million for the year ended December 31, 2020[76] - The revenue generated from a major client for integrated flexible staffing services was approximately RMB 1,862.2 million, accounting for about 40.3% of the company's integrated flexible staffing service revenue and approximately 39.3% of total annual revenue for the year ended December 31, 2021[48] Strategic Partnerships and Acquisitions - The company completed strategic acquisitions of 51.0% stakes in Jiangnan Jinke and Shanghai Ling Shi to enhance its digital professional services in the banking sector[43] - The company announced a strategic cooperation with Dongsoft Holdings, acquiring 46.0% of Shanghai Sire's equity to strengthen its IT service capabilities[43] - The company has established a joint venture with Kumo Robotics to enhance talent supply for the high-end manufacturing industry, completed in January 2022[69] - The company invested a total of RMB 20 million in Kumo Robotics, acquiring a 10% stake, with the investment completed on January 21, 2022[159] Market Position and Client Relationships - The company maintained a market share of 3.3% in the comprehensive flexible employment service sector, making it the largest provider in China[32] - The average cooperation duration with the top ten clients increased from approximately 3.8 years in 2019 to 5.6 years in 2021, indicating stable business relationships[50] - The renewal rate for clients with a transaction amount exceeding RMB 1 million was 100% for the years 2019, 2020, and 2021, excluding the major client agreements[50] - The company continues to focus on major clients across multiple industries to mitigate operational risks associated with fluctuations in individual sectors[51] Operational Efficiency and Cost Management - The company has implemented a strategy to reduce service fees for clients during the COVID-19 pandemic, which, if not for this arrangement, would have resulted in a revenue increase of approximately 56.6% year-on-year for 2021[72] - The gross margin for integrated flexible staffing services dropped from approximately 7.9% in 2020 to about 4.5% in 2021, primarily due to significant adjustments in service pricing under a new agreement with a major client[90] - The gross margin for professional recruitment services decreased from approximately 39.6% in 2020 to about 28.3% in 2021, largely impacted by policy adjustments affecting recruitment demand in the online education sector[91] Compliance and Governance - The company is committed to maintaining compliance with regulatory requirements and managing investor relations effectively[193] - The company has a strong management team with extensive experience in finance and auditing, ensuring robust financial oversight[193] - The company was incorporated in the Cayman Islands and listed on the Hong Kong Stock Exchange on December 13, 2019[196]

| --- | --- | --- | --- | |-------|-----------------------------------------------------------------------------------------------------|-------|-------| | | | | | | | Renrui Human Resources | | | | | Technology Holdings Limited 人瑞人才科技控股有限公司 (於開曼群島註冊成立之有限公司) 股份代號： 6919 | | | | 000 | 000 | | | | | 中 + 000 中 中 | th | | | | 中期報告 | l | | 公司資料 財務摘要 管理層討論與分析 其他資料 簡明綜合收益表 簡明綜合全面收益表 簡明綜合資產負債表 簡明綜合權益變動表 簡明綜合現金流量表 簡明綜合中期財務資料附註 目錄 all children 2 4 6 34 39 40 41 43 45 46 | Unlivel BIBI l o-o-o 000 (0) (0) 人 瑞 人 才 科 技 控 ...

| --- | --- | --- | |-----------|-----------------------------------------------------------------------------------------------------|-------| | | | | | | Renrui Human Resources | | | | Technology Holdings Limited 人瑞人才科技控股有限公司 (於開曼群島註冊成立之有限公司) 股份代號： 6919 | | | 000 中 中 | 000 中 + 000 | th | | | | l | 公司資料 財務摘要 主席報告 管理層討論與分析 董事及高級管理層的履歷 董事會報告 企業管治報告 環境、社會及管治報告 獨立核數師報告 綜合利潤表 綜合全面收益╱（虧損）表 綜合資產負債表 綜合權益變動表 綜合現金流量表 綜合財務報表附註 目錄 2 4 6 10 39 45 70 82 111 116 117 118 120 122 123 人 瑞 人 才 科 技 控 股 有 限 公 司 2020 年 度 報 告 公司 ...

2020 中期報告 રિત્તર Renrui Human Resources Technology Holdings Limited 人 瑞 人 才 科 技 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) 股份代號：6919 目 錄 公司資料 財務摘要 管理層討論與分析 其他資料 簡明綜合收益表 簡明綜合全面收益╱（虧損）表 簡明綜合資產負債表 簡明綜合權益變動表 簡明綜合現金流量表 簡明綜合中期財務資料附註 2 4 6 29 34 35 36 37 38 39 人 瑞 人 才 科 技 控 股 有 限 公 司 2020 中 期 報 告 2 公司資料 投資及合規委員會 董事會 獨立核數師 獨立非執行董事 香港法律顧問 聯席公司秘書 中國法律顧問 審核委員會 合規顧問 薪酬委員會 提名委員會 鄒小磊先生（主席） 張建國先生 梁銘樞先生 張建國先生（主席兼行政總裁） 張峰先生 張健梅女士 非執行董事 羅兵咸永道會計師事務所 執業會計師 註冊公眾利益實體核數師 香港 中環 太子大廈22樓 陳瑞先生 鄒小磊先生 陳美寶女士 沈浩先生 梁銘樞先生 的近律師行 香港 中環 遮打道18號 歷山大廈5 樓 李文佳先 ...

2019 年度報告 રિત્તર Renrui Human Resources Technology Holdings Limited 人 瑞 人 才 科 技 控 股 有 限 公 司 (於開曼群島註冊成立之有限公司) 股份代號：6919 目 錄 公司資料 財務摘要 主席報告 管理層討論與分析 董事及高級管理層的履歷 董事會報告 企業管治報告 環境、社會及管治報告 獨立核數師報告 綜合利潤表 綜合全面虧損表 綜合資產負債表 綜合權益變動表 綜合現金流量表 綜合財務報表附註 2 4 6 9 29 35 58 70 98 102 103 104 105 106 107 人 瑞 人 才 科 技 控 股 有 限 公 司 2019 年 度 報 告 2 公司資料 獨立核數師 香港法律顧問 獨立非執行董事 中國法律顧問 聯席公司秘書 合規顧問 行業顧問 董事會 執行董事 羅兵咸永道會計師事務所 執業會計師 註冊公眾利益實體核數師 香港 中環 太子大廈22樓 張建國先生（主席兼行政總裁） 張峰先生 張健梅女士 非執行董事 陳瑞先生 鄒小磊先生 的近律師行 香港 中環 遮打道18號 歷山大廈5 樓 陳美寶女士 沈浩先生 梁銘樞先 ...