Financial Performance - MEGAIN Holding reported a revenue of HKD 1.26 billion for the fiscal year ending December 31, 2024, representing a year-over-year increase of 15%[2]. - The company achieved a net profit margin of 12%, with net profit amounting to HKD 151.2 million, up from HKD 130 million in the previous year[2]. - For the fiscal year ending December 31, 2023, the company reported a revenue of RMB 172,394,000, a decrease of approximately 0.56% compared to RMB 173,367,000 in 2022[13]. - The net profit for the same period was RMB 23,212,000, representing a significant decline of about 48.3% from RMB 44,892,000 in 2022[13][23]. - The gross profit margin decreased to 38.9% in 2023 from 52.3% in 2022, indicating increased competition and challenges in the market[15][22]. - Total revenue decreased by approximately 13.2%, from about RMB 172.4 million to about RMB 149.7 million[35]. - Net profit after tax decreased by approximately 58.4% from RMB 23.2 million to RMB 9.7 million, with net profit margin dropping from 13.5% to 6.5%[52]. - Return on equity dropped from 6.3% in 2023 to 2.6% in 2024, primarily due to a decrease in net profit[63]. - Gross margin decreased from 38.9% in 2023 to 32.2% in 2024, reflecting a reduction in gross profit[66]. - Net profit margin fell from 13.5% in 2023 to 6.5% in 2024, attributed to the same factors affecting gross margin[67]. Market Strategy and Expansion - MEGAIN Holding plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[2]. - The company is exploring potential acquisitions to enhance its technology portfolio, with a budget of HKD 300 million allocated for this purpose[2]. - The company plans to explore opportunities in the IoT chip business, which aligns with its technological advantages and has a larger market size[24]. - The company aims to maintain its position as a leading supplier of compatible printer consumables chips in China while exploring opportunities in the IoT chip market[176]. - The company plans to continue developing its IoT business strategy and diversify sales platforms through an online store to expand its market reach[77]. Research and Development - The company is investing HKD 200 million in R&D for new product development, focusing on IoT and integrated circuit technologies[2]. - The company submitted a total of 33 patent applications in China during the current period to strengthen its R&D capabilities[33]. - Research and development expenses increased by approximately 17.6% from RMB 16.3 million to RMB 19.1 million, primarily due to higher costs for R&D personnel and testing of compatible printer consumable chips[48]. - The core advantage of the company lies in its R&D capabilities, which are crucial for success in the industry[78]. Operational Efficiency - The company reported a 10% increase in gross profit, amounting to HKD 420 million, driven by improved operational efficiencies[2]. - Sales and service costs decreased from approximately RMB 105.4 million to about RMB 101.4 million, primarily due to a drop in integrated circuit chip costs from self-designed chips[42]. - Overall gross profit decreased by approximately 28.0% from about RMB 67.0 million to approximately RMB 48.3 million, with gross margin declining from 38.9% to 32.2%[43]. Financial Health and Liquidity - The company’s total assets as of December 31, 2023, were RMB 371,335,000, with a net asset value of RMB 370,219,000[14]. - The current ratio improved to 19.3 in 2023, compared to 9.9 in 2022, reflecting better liquidity management[15]. - As of December 31, 2024, the company's current liabilities amounted to RMB 10,624 thousand, an increase from RMB 1,878 thousand in 2023[61]. - The current ratio decreased from 19.3 in 2023 to 8.6 in 2024, while the quick ratio fell from 17.2 to 7.7, indicating a decline in liquidity[62]. - The company had cash and cash equivalents of approximately RMB 172.4 million as of December 31, 2024, down from RMB 183.8 million in 2023[68]. Corporate Governance - The board of directors emphasized a commitment to sustainable practices, aiming for a 30% reduction in carbon emissions by 2026[2]. - The company has established a suitable directors' and officers' liability insurance to cover potential legal claims against its directors and senior officers[183]. - The board is committed to fostering a corporate culture that aligns with the company's goals, values, and strategies[185]. - The company has adopted a Board Diversity Policy to promote and maintain diversity within the board, considering factors such as gender, age, and professional experience[200]. Risks and Challenges - The company anticipates continued uncertainty in the operating environment due to global economic factors, including trade protectionism and interest rate fluctuations[24]. - The company faces long-term business risks due to technological advancements and the rise of a paperless workplace, which may impact future business prospects[131]. - The company has faced various risks that could impact its financial condition and operational performance, including the inability to develop new products and intense competition[124]. Shareholder Information - Major shareholders include GMTL with 151,812,500 shares, representing 29.27% ownership, and Zhonghao with 97,500,000 shares, representing 18.80% ownership[152]. - The company has not made any payments to directors or top five highest-paid individuals as incentives for joining or post-termination compensation during the reporting period[137]. - The board does not recommend any final dividend for the year ending December 31, 2024[108].

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。 MEGAIN Holding (Cayman) Co., Ltd. 美佳音控股有限公司* （於 開 曼 群 島 註 冊 成 立 的 有 限 公 司） （股 份 代 號：6939） 截 至2024年12月31日止年度的 全年業績公告 業績摘要 本集團於有關期間的收入減少約13.2%至約人民幣149,654,000元（2023年：約 人民幣172,394,000元）。 本集團於有關期間的毛利減少約28.0%至約人民幣48,251,000元（2023年：約 人 民 幣66,977,000元）。 本集團於有關期間的除所得稅後利潤約為人民幣9,662,000元，減 幅 約 為58.4% （2023年：約 人 民 幣23,212,000元）。 本集團於有關期間的每股基本盈利減少約57.8%至約人民幣1.9分（2023年：約 人民幣4.5分）。 董事會不建議就截 ...

2024 MEGAIN Holding (Cayman) Co., Ltd. 美佳音控股有限公司* （於開曼群島註冊成立的有限公司） 股份代號： 6939 僅供識別 目錄 2 釋義 5 公司資料 7 財務摘要 8 管理層討論與分析 19 其他資料 26 中期簡明綜合財務報表審閱報告 28 簡明綜合損益及其他全面收益表 29 簡明綜合財務狀況表 31 簡明綜合權益變動表 33 簡明綜合現金流量表 34 中期簡明綜合財務報表附註 釋義 於本報告內，除文義另有所指外，下列詞彙具有以下涵義： | --- | --- | --- | |----------------------------------------------|-------|------------------------------------------------------------------------------| | | | | | 「聯繫人」 指 具有上市規則所賦予的涵義 | | | | 「審核委員會」 指 董事會審核委員會 | | | | 「香港立信德豪會計師事務所 | | 指 執業會計師香港立信德豪會計師事務所有限公司 | | ...

Financial Performance - For the six months ended June 30, 2024, the group's revenue was approximately RMB 65,733,000, a decrease of about 24.5% compared to RMB 87,058,000 in the same period of 2023[1]. - The group's profit for the period was approximately RMB 405,000, a decrease of about 97.3% compared to RMB 14,932,000 in the same period of 2023[1]. - Gross profit for the six months ended June 30, 2024, was RMB 21,320,000, down from RMB 35,614,000 in the same period of 2023, representing a decline of approximately 40%[2]. - The company reported a profit attributable to owners of the company of RMB 405,000 for the six months ended June 30, 2024, a significant decrease of 97.3% compared to RMB 14,932,000 for the same period in 2023[21]. - Net profit decreased by approximately 97.3% from about RMB 14.9 million to about RMB 0.4 million, with the net profit margin dropping from 17.2% to 0.6%[49]. Revenue Breakdown - Sales of chips amounted to RMB 60,443 thousand, down 9.1% from RMB 66,473 thousand in the previous year[11]. - Revenue from integrated circuits and other printer consumables was RMB 5,290 thousand, a significant decline of 69.1% from RMB 17,142 thousand[11]. - External revenue from China was RMB 52,331 thousand, a decrease of 34.9% from RMB 80,422 thousand in the prior year[12]. - Revenue from the sale of compatible printer consumable chips decreased by approximately 12.8% from about RMB 66.5 million to approximately RMB 57.9 million[34]. - Revenue from the sale of integrated circuits and other printer consumables decreased by approximately 64.9% from about RMB 15.1 million to about RMB 5.3 million due to tightened credit control measures[36]. Expenses and Costs - Research and development expenses for the period were RMB 9,034,000, slightly increased from RMB 9,011,000 in the same period of 2023[2]. - Employee costs, including director remuneration, increased to RMB 12,193 thousand from RMB 11,721 thousand[15]. - Selling and distribution expenses increased by approximately 42.2% from about RMB 3.0 million to about RMB 4.2 million due to increased marketing activities[46]. - Pre-tax profit was impacted by inventory costs of RMB 39,236 thousand, a decrease from RMB 43,485 thousand in the previous year[16]. Assets and Liabilities - The total non-current assets as of June 30, 2024, amounted to RMB 31,510,000, an increase from RMB 25,731,000 as of December 31, 2023[3]. - Cash and cash equivalents as of June 30, 2024, were RMB 230,853,000, up from RMB 183,826,000 as of December 31, 2023[3]. - The total current liabilities as of June 30, 2024, were RMB 33,657,000, an increase from RMB 18,874,000 as of December 31, 2023[3]. - Trade receivables as of June 30, 2024, amounted to RMB 55,573,000, a decrease of 5.0% from RMB 58,433,000 as of December 31, 2023[23]. - Trade payables increased to RMB 13,369,000 as of June 30, 2024, compared to RMB 6,187,000 as of December 31, 2023, reflecting a growth of 116.3%[25]. Dividends and Shareholder Information - The company did not recommend any interim dividend for the six months ended June 30, 2024[1]. - The company declared a final dividend of RMB 9,286,000 for the six months ended June 30, 2024, down 48.3% from RMB 17,949,000 for the same period in 2023[19]. - As of June 30, 2024, major shareholders include GMTL with a 29.27% stake (151,812,500 shares) and Loyal with an 18.80% stake (97,500,000 shares)[69]. Future Outlook and Strategic Initiatives - The group expects better performance in the second half of 2024 compared to the first half, driven by the launch of new compatible printer chips with higher gross margins and cost reductions from self-designed integrated circuits[57]. - The company is actively seeking suitable acquisition opportunities to enhance hardware design capabilities and expand its presence in the compatible printer consumables industry[83]. - The company has entered the online sales business to increase sales channels and product categories, focusing on compatible printer consumables and toner[31]. Corporate Governance and Compliance - The company has adopted the corporate governance principles outlined in Appendix C1 of the listing rules to enhance internal control systems and ensure high levels of corporate governance[85]. - All directors have confirmed full compliance with the standard code for securities trading as per Appendix C3 of the listing rules during the relevant period[86]. - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited financial statements and confirmed compliance with applicable accounting standards and listing rules[87].

Financial Performance - Revenue for the fiscal year 2023 reached a record high of $96.77 billion, driven by strong performance in the Chinese market[110] - The company's net profit increased by 15% year-over-year, reaching $23.45 billion[110] - Total assets grew by 10% to $350.67 billion, reflecting robust financial health[110] - Revenue for 2023 was RMB 172.394 million, a slight decrease from RMB 173.367 million in 2022[52] - Gross profit for 2023 was RMB 66.977 million, down from RMB 90.625 million in 2022[52] - Profit before tax for 2023 was RMB 27.353 million, a significant drop from RMB 54.434 million in 2022[52] - Net profit for 2023 was RMB 23.212 million, compared to RMB 44.892 million in 2022[52] - The company's overall gross profit decreased by 26.1% to approximately RMB 67.0 million in 2023, with the gross margin dropping from 52.3% to 38.9%[88] - The gross margin for compatible printer consumable chips fell from 62.6% in 2022 to 43.8% in 2023 due to increased material costs and price competition[89] - The company's net profit margin decreased from 25.9% in 2022 to 13.5% in 2023, primarily due to changes in revenue and expenses[93] - Gross profit margin decreased from 52.3% for the year ended December 31, 2022, to 38.9% for the same period in 2023, primarily due to reduced gross profit[119] - Net profit margin decreased from 25.9% for the year ended December 31, 2022, to 13.5% for the same period in 2023, mainly due to reduced net profit[120] Investments and R&D - The company plans to invest $5 billion in new technology research and development over the next three years[110] - The company developed 955 new chip models in 2023, including 199 for desktop laser printers and 756 for desktop inkjet printers, and upgraded 62 chip models[61] - The company is considering acquiring an integrated circuit design company to accelerate hardware design capabilities[149] - The company's core strength lies in its R&D capabilities, which are a key success factor in the industry[165] Market Expansion and Sales - Market expansion efforts in Southeast Asia resulted in a 20% increase in regional sales, totaling $12.34 billion[110] - Strategic partnerships with local distributors in emerging markets boosted sales by 25%[110] - Sales revenue from compatible printer consumable chips increased by 0.4% to approximately RMB 142.8 million in 2023, driven by a rise in sales of inkjet printer chips[85] - The company plans to launch more new models of compatible ink cartridge chips and strengthen the new business of IoT chips in 2024[146] - The company aims to enhance product development capabilities and diversify its product portfolio[147] - The company will strengthen sales and marketing efforts to support the expansion of its product portfolio[149] - The company aims to maintain and consolidate its position as a leading supplier of compatible printer consumable chips in China[163] - The company plans to expand its footprint in the compatible printer consumable industry through forward vertical integration[165] Acquisitions and Partnerships - The company completed the acquisition of a major competitor for $8.9 billion, enhancing its market position[110] Customer and User Growth - The company's customer base grew by 12%, reaching 1.5 billion active users globally[110] Product Launches - New product launches contributed $15.67 billion to revenue, accounting for 16% of total sales[110] Financial Forecasts - The company forecasts a 10-12% revenue growth for the next fiscal year, driven by new product lines and market expansion[110] Board and Governance - The company maintains a policy of having at least one female director on the board, currently represented by Ms. Yu Erhao[45] - The nomination committee held one meeting during the reporting period to review board composition and assess the independence of non-executive directors[39] - The company's board diversity policy emphasizes gender, age, cultural and educational background, professional qualifications, skills, knowledge, and industry experience[43] - The nomination committee is responsible for ensuring board diversity and reviews the implementation and effectiveness of the board diversity policy annually[45] - The company's board of directors is pleased to present the annual report and audited consolidated financial statements for the year ended December 31, 2023[186] Employee and Workforce - The company employed 148 staff (excluding directors) as of December 31, 2023, with a female-to-male ratio of 1.2 (81 females and 67 males)[46] - As of December 31, 2023, the company had approximately 154 full-time employees, with 134 based in China and 20 in Taiwan, Hong Kong, and overseas[145] Financial Position and Liquidity - As of December 31, 2023, the company's net current assets were approximately RMB 345.6 million, with current assets decreasing to RMB 364.5 million and current liabilities decreasing to RMB 18.9 million[94] - Property, plant, and equipment net book value decreased from RMB 5.9 million as of December 31, 2022, to RMB 4.9 million as of December 31, 2023, mainly due to the termination of certain leases and annual depreciation[95] - Intangible assets net book value increased from RMB 13.5 million as of December 31, 2022, to RMB 15.9 million as of December 31, 2023, primarily due to the acquisition of patents[96] - Deposits, prepayments, and other receivables increased from RMB 10.8 million as of December 31, 2022, to RMB 21.8 million as of December 31, 2023, mainly due to prepayments for property, plant, and equipment, intangible assets, raw materials, and subcontracting services for multiple R&D projects[97] - Trade payables decreased from RMB 11.7 million as of December 31, 2022, to RMB 6.2 million as of December 31, 2023, due to slower procurement of raw materials[98] - Inventory increased from RMB 20.6 million as of December 31, 2022, to RMB 40.5 million as of December 31, 2023, mainly due to increased procurement of raw materials, particularly wafers[111] - Trade receivables decreased from RMB 75.2 million as of December 31, 2022, to RMB 58.4 million as of December 31, 2023, due to improved collection efforts[112] - The company's current ratio increased from 9.9 as of December 31, 2022, to 19.3 as of December 31, 2023, and the quick ratio increased from 9.4 to 17.2, indicating healthy short-term liquidity[116] - The company's leverage ratio was 0.0% as of December 31, 2023 (0.3% as of December 31, 2022), indicating a robust financial position with no financial borrowings[124] - The company's cash and cash equivalents amounted to approximately RMB 183.8 million, and fair-valued financial products were RMB 60.0 million as of December 31, 2023[135] - The net current assets of the company were approximately RMB 345.6 million, and the net assets were RMB 370.2 million as of December 31, 2023[135] - The company subscribed to two financial products with a total principal of RMB 50 million, with annual interest rates ranging from 1.99% to 2.79% and maturity periods of 7 to 92 days[127] - The company's financial products accounted for approximately 5.1% and 7.7% of the total assets as of December 31, 2023[159] Dividends and Shareholder Returns - The company plans to distribute a final dividend of RMB 0.0179 per share for the fiscal year ending December 31, 2023[57] - The company paid a final dividend of approximately RMB 13,141,000 for the year ended December 31, 2021, and approximately RMB 17,949,000 for the year ended December 31, 2022[188] Company History and Structure - The company was incorporated in the Cayman Islands on June 22, 2016, and its shares were listed on the Main Board of the Hong Kong Stock Exchange on March 31, 2021[187] - The company's registered office is located at Cricket Square, Hutchins Drive, P.O. Box 2681, Grand Cayman KY1-1111, Cayman Islands[187] Leadership and Management - Mr. Wang Hua, CEO of the group and Zhuhai Meijia, has over 11 years of experience in the integrated circuit solutions industry and has been responsible for the overall management and operations of the company since 2017[196] - Ms. Lü Liang, CFO of the group, has extensive experience in financial management and joined the group in December 2019[197] - Mr. Chen Dajiang, an independent non-executive director, has over 20 years of experience in private equity investments across various industries, including semiconductors and life sciences[191] - Mr. Gao Yiping, an independent non-executive director, holds a Master of Science degree from National Taiwan University and is responsible for independently supervising the management of the group[194] - Mr. Hong Wenlong, a software department head at Meijia Yin Holdings (BVI) Taiwan Branch, has a background in electronic engineering and has been with the group since December 2015[200] - The company's secretary, Mr. Wong, has over 18 years of experience in the company secretarial field and has held various senior positions in listed companies[184] Operational Efficiency and Back-Office Support - The company will enhance back-office functions to support business growth[149] Future Plans and Strategies - The company has no significant investment or capital asset plans for the upcoming year as of December 31, 2023[165] - The company has no other significant investments during the relevant period[160]

Financial Performance - The group's revenue for the year ended December 31, 2023, decreased by approximately 0.6% to about RMB 172,394,000 compared to RMB 173,367,000 in 2022[3] - Gross profit for the same period decreased by approximately 26.1% to about RMB 66,977,000, down from RMB 90,625,000 in 2022[3] - Profit after tax for the year was approximately RMB 23,212,000, representing a decrease of about 48.3% from RMB 44,892,000 in 2022[3] - Basic earnings per share decreased by approximately 48.3% to about RMB 0.045, down from RMB 0.087 in 2022[3] - The company reported a profit before tax of RMB 25,482 thousand, an increase from RMB 23,511 thousand in 2022[35] - The income tax expense for 2023 was RMB 4,141,000, a decrease of 56.5% compared to RMB 9,542,000 in 2022[36] - The company reported a net profit of RMB 23,212,000 for 2023, down 48.3% from RMB 44,892,000 in 2022[41] - Net profit after tax decreased by approximately 48.3% from about RMB 44.9 million to about RMB 23.2 million, with the net profit margin dropping from 25.9% to 13.5%[74] - The company reported a net profit margin of 12% for the fiscal year, indicating strong operational efficiency[142] Dividends and Shareholder Returns - The board proposed a final dividend of RMB 0.0179 per share for the year, down from RMB 0.0346 per share in 2022, subject to shareholder approval[3] - The company declared a final dividend of RMB 17,949,000 for 2023, an increase of 36.2% from RMB 13,141,000 in 2022[40] Revenue Breakdown - Revenue from chip sales increased to RMB 147,394 thousand in 2023, up 3.6% from RMB 142,246 thousand in 2022[29] - Revenue from integrated circuits and other printer consumables decreased to RMB 21,274 thousand, down 31.6% from RMB 31,121 thousand in 2022[29] - Revenue from chip technology and design services was RMB 3,726 thousand, a new addition in 2023[29] - External revenue from customers in China was RMB 153,472 thousand, a decrease of 1.0% from RMB 155,012 thousand in 2022[30] - Revenue from compatible printer consumable chips increased by approximately 0.4% to about RMB 142.8 million, driven by the introduction of 756 new inkjet printer chip models[59] Expenses and Costs - Research and development expenses for the year were RMB 16,282,000, compared to RMB 18,254,000 in 2022, indicating a decrease in R&D investment[5] - R&D expenses (excluding employee costs) were RMB 7,661 thousand, down 20.5% from RMB 9,634 thousand in 2022[35] - Sales and service costs increased from approximately RMB 82.7 million to about RMB 105.4 million, mainly due to rising direct material costs[63] - Administrative expenses rose by approximately 13.9% from about RMB 22.2 million to about RMB 25.3 million, mainly due to increased costs related to material wastage[72] Assets and Liabilities - Total assets as of December 31, 2023, amounted to RMB 371,335,000, compared to RMB 365,470,000 in 2022[7] - Current liabilities decreased to RMB 18,874,000 from RMB 38,802,000 in 2022, reflecting improved liquidity management[7] - The company's cash and cash equivalents decreased to RMB 183,826,000 from RMB 277,131,000 in 2022, indicating a reduction in cash reserves[7] - Trade receivables decreased to RMB 58,433 thousand in 2023, down 22.3% from RMB 75,233 thousand in 2022[33] - Trade payables decreased to RMB 6,187,000 in 2023 from RMB 11,713,000 in 2022, a reduction of 47.2%[46] Financial Reporting Standards - The Group adopted revised Hong Kong Financial Reporting Standards, effective for the current accounting period, including HKFRS 17 on insurance contracts[9] - HKFRS 17, effective from January 1, 2023, introduces a consistent accounting method for insurance contracts, but has no significant impact on the Group's financial statements as it does not fall within its scope[10] - The amendments to HKAS 1 and HKFRS Practice Statement 2 enhance the disclosure of significant accounting policies, but do not affect the measurement or presentation of any items in the Group's consolidated financial statements[12] - The revision of HKAS 8 clarifies the definition of accounting estimates, with no significant impact on the Group's consolidated financial statements as the Group's methods are consistent with the amendments[14] Corporate Governance and Compliance - The company has adopted the corporate governance code as per the listing rules Appendix C1, effective from December 31, 2023, to enhance internal control systems and ensure high corporate governance standards[128] - The audit committee, established on February 26, 2021, consists of three independent non-executive directors, ensuring compliance with the relevant listing rules[130] - The company's auditor, Hong Kong Lixin Dehao CPA Limited, has agreed to the consolidated financial statements, confirming that they comply with applicable accounting standards[132] Future Outlook and Strategy - The group anticipates a GDP growth target of about 5% for China in 2024, amidst a challenging global economic environment[104] - The company plans to launch more new compatible ink cartridge chips in 2024 to enhance its Internet of Things chip business[104] - The company aims to strengthen its market development strategy by establishing sales channels in target regions such as Shenzhen, Shanghai, and Taiwan[54] - The company is actively seeking suitable acquisition opportunities to complement its business strategy, particularly in the semiconductor sector[125] Employee and Shareholder Information - The group has approximately 154 full-time employees as of December 31, 2023, with 134 based in China and 20 in Taiwan, Hong Kong, and overseas[103] - The company maintains a public float in compliance with listing rules since its listing on March 31, 2021[118] - Major shareholders include Mr. Zheng and Mr. Yu, each controlling significant stakes of 29.27% and 18.80% respectively[113]

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 87,058,000, representing a 14.7% increase from RMB 75,905,000 in 2022[14]. - Cost of sales and services increased by 40.1% to RMB 51,444,000 from RMB 36,725,000[14]. - Gross profit decreased by 9.2% to RMB 35,614,000, with a gross margin of 41%, down from 52%[14]. - Profit before tax fell by 25.6% to RMB 17,584,000 compared to RMB 23,649,000 in the previous year[14]. - Net profit for the period was RMB 14,932,000, a decrease of 25.3% from RMB 19,986,000[14]. - Basic and diluted earnings per share decreased by 25.6% to RMB 0.029 from RMB 0.039[14]. - The net profit decreased by approximately 25.0% from about RMB 20.0 million to approximately RMB 14.9 million, with the net profit margin dropping from 26.3% to 17.2%[44][45]. - The total comprehensive income for the period was RMB 16,692 thousand, down from RMB 23,096 thousand in the same period last year[101]. Assets and Liabilities - Total assets as of June 30, 2023, were RMB 388,799,000, a decrease of 3.8% from RMB 404,272,000[14]. - Total liabilities decreased significantly by 35.1% to RMB 26,264,000 from RMB 40,480,000[14]. - Net asset value slightly decreased by 0.3% to RMB 362,535,000 from RMB 363,792,000[14]. - The company's current assets net value was approximately RMB 344.2 million as of June 30, 2023, compared to RMB 345.0 million as of December 31, 2022[59]. - The total liabilities as of June 30, 2023, amounted to RMB 2.9 million, down from RMB 3.97 million as of December 31, 2022[55]. - The company had no bank borrowings as of June 30, 2023, compared to RMB 1.0 million as of December 31, 2022[60]. Revenue Breakdown - Revenue from compatible printer consumable chips rose by approximately 7.3% from about RMB 62.0 million to about RMB 66.5 million, driven by increased sales of desktop inkjet printer chips[26]. - Revenue from the IoT chip business, including Hall sensor chips, increased by approximately 12.3% to about RMB 2.1 million, reflecting strong demand in various sectors[27]. - Revenue from trading integrated circuits and other printer consumable components increased by approximately 25.8% from about RMB 12.0 million to about RMB 15.1 million, mainly due to increased sales of toner and drum components[28]. - Revenue from chip sales reached RMB 66,473,000, up 7.8% from RMB 62,041,000 in the previous year[120]. - Revenue from integrated circuits and other printer consumables increased to RMB 17,142,000, a rise of 23.4% from RMB 13,864,000[120]. - Revenue from chip technology and design services was RMB 3,443,000, a new revenue stream introduced in 2023[120]. Expenses and Costs - The sales and service costs increased from approximately RMB 36.7 million to about RMB 51.4 million, primarily due to higher procurement costs for materials related to inkjet products[31]. - Research and development expenses decreased by approximately 8.2% from about RMB 9.8 million to approximately RMB 9.0 million, mainly due to a reduction in the number of R&D staff[39]. - Selling and distribution expenses increased by approximately 36.4% from about RMB 2.2 million to approximately RMB 3.0 million, driven by higher depreciation and employee costs[40]. - Administrative expenses rose by approximately 23.7% from about RMB 9.7 million to approximately RMB 12.0 million, mainly due to increased inventory and travel expenses[41]. Market and Business Outlook - The company is focusing on expanding its market presence and developing new technologies[14]. - The company maintains an optimistic outlook for business growth, particularly in the compatible printer consumables chip business, expecting stable performance in the second half of 2023[56]. - The company plans to launch more new models of compatible printer consumables chips and continue building its customer base for IoT chips[56]. Corporate Governance and Compliance - The company has complied with the corporate governance code as per the listing rules during the relevant period[88]. - There have been no significant events after the reporting period up to the approval date of the interim report[93]. Employee and Recruitment - The company had approximately 134 full-time employees as of June 30, 2023, with a focus on recruitment, training, and employee benefits[67].

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。 MEGAIN Holding (Cayman) Co., Ltd. 美 佳 音 控 股 有 限 公 司* （於開曼群島註冊成立的有限公司） （股份代號：6939） 截 至2023年6月30日 止 六 個 月 的 中 期 業 績 公 告 摘要 截至2023年6月30日止六個月，本集團的收入約為人民幣87,058,000元，較2022 年同期約人民幣75,905,000元增加約14.7%； 截至2023年6月30日止六個月，本集團的期內利潤約為人民幣14,932,000元， 較2022年同期約人民幣19,986,000元減少約25.3%； 董事並不建議就截至2023年6月30日止六個月派付任何中期股息。 ...

Financial Performance - MEGAIN Holding reported a revenue of HKD 1.26 billion for the fiscal year ending December 31, 2022, representing a year-over-year increase of 15%[2]. - The company achieved a net profit of HKD 250 million, which is a 20% increase compared to the previous year[2]. - The company reported a significant increase in gross margin to 35%, up from 30% in the previous year[2]. - The company reported a net profit of approximately RMB 44,892,000 for the year, representing a year-on-year increase of about 43.6%[28]. - Revenue for the year was RMB 173,367,000, showing a slight increase from RMB 167,867,000 in the previous year[18]. - The gross profit for the year was RMB 90,625,000, with a gross margin of 52.3%[18][20]. - Operating cash flow generated during the year was approximately RMB 55,474,000[28]. - Overall gross profit increased by approximately 4.5% to about RMB 90.6 million, with gross profit margin rising from 51.7% to 52.3%[47]. - Net profit after tax increased by approximately 43.6% to about RMB 44.9 million, with a net profit margin rising from 18.6% to 25.9%[58][59]. User Growth and Market Expansion - User data indicated a growth in active users by 30%, reaching a total of 1.5 million users by the end of 2022[2]. - MEGAIN Holding plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[2]. - The company provided a positive outlook for 2023, projecting a revenue growth of 10% to 15% driven by new product launches and market expansion[2]. - The company is exploring potential acquisitions to enhance its product offerings and technological capabilities[2]. - Market expansion plans include entering three new countries by the end of the fiscal year, targeting a 5% market share in each[107]. Research and Development - The company is investing HKD 100 million in research and development for new technologies in integrated circuits and IoT solutions[2]. - The company plans to enhance its core competitiveness by strengthening R&D capabilities in both software and hardware components[31]. - The company developed 35 new chip models during the first half of 2022, including 20 for desktop laser printers and 15 for desktop inkjet printers[34]. - The company has expanded its IoT chip business by developing new products such as power management integrated circuits and battery charging management integrated circuits[35]. - The company submitted 43 patent applications in China during the relevant period, focusing on chip and measurement equipment design and technology[36]. Operational Efficiency and Cost Management - The management emphasized a commitment to improving operational efficiency, aiming for a 10% reduction in costs by the end of 2023[2]. - Research and development expenses were reduced by approximately 7.0%, while sales and distribution expenses decreased by about 4.1%[28]. - Operating expenses were reduced by 10% due to improved efficiency measures implemented in the last year[107]. Dividend and Shareholder Information - The company proposed a final dividend of RMB 3.46 per share for the year ended December 31, 2022[29]. - The company aims to distribute at least 40% of its annual net profit as dividends starting from the fiscal year ending December 31, 2021[124]. - The company reported total dividends paid to shareholders amounting to approximately RMB 18.0 million, with a proposed final dividend of RMB 0.0346 per share[122]. Corporate Governance and Social Responsibility - The company is committed to social responsibility, employee welfare, and sustainable development[137]. - The company has committed to improving corporate governance practices, ensuring compliance with applicable codes and regulations[199]. - The management team emphasized the importance of sustainability in new strategies, aiming for a 30% reduction in carbon footprint by 2025[107]. Risks and Challenges - The company faced semiconductor shortages in the first half of 2022, impacting operational capacity and increasing production costs[28]. - The company faced several risks, including the inability to develop new products, intense competition, and reliance on a limited number of chip models[141]. - The company acknowledged potential impacts on business prospects due to technological advancements and the shift towards digitalization[148]. Employment and Workforce - As of December 31, 2022, the group had approximately 126 full-time employees, with 109 based in China and 17 in Taiwan and Hong Kong[85]. - There were no significant labor disputes or difficulties in recruiting employees during the reporting period[140].

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。 MEGAIN Holding (Cayman) Co., Ltd. 美 佳 音 控 股 有 限 公 司* （於開曼群島註冊成立的有限公司） （股份代號：6939） 截 至2022年12月31日 止 年 度 的 全 年 業 績 公 告 業績摘要 本集團於有關期間的收入增加約3.3%至約人民幣173,367,000元（2021年：約人 民幣167,867,000元）。 本集團於有關期間的毛利增加約4.5%至約人民幣90,625,000元（2021年：約人 民幣86,704,000元）。 本集團於有關期間的除所得稅後利潤約為人民幣44,892,000元，增幅約為43.6% （2021年：約人民幣31,263,000元）。 本集團於有關期間的經調整利潤（不包括上市開支及捐款）約為人民幣44,892,000 元，增幅約為10.6%（2021年：約人民幣40,601,000元）。 ...