Financial Performance - The company reported unaudited revenue of approximately RMB 37,047,000 for the six months ended June 30, 2023, representing an increase of about RMB 7,232,000 or approximately 24% compared to the same period in 2022[5]. - The net profit attributable to the owners of the company for the six months ended June 30, 2023, was approximately RMB 1,637,000, an increase from approximately RMB 1,402,000 in the same period of 2022[5]. - The gross profit for the six months ended June 30, 2023, was RMB 9,391,000, compared to RMB 7,641,000 for the same period in 2022, indicating a positive growth trend[7]. - The company achieved a basic earnings per share of RMB 0.57 for the six months ended June 30, 2023, compared to RMB 0.13 in the same period of 2022[7]. - The total comprehensive income for the six months ended June 30, 2023, was RMB 2,372,000, up from RMB 1,815,000 in the same period of 2022[8]. - The company reported a pre-tax profit of RMB 2,828 thousand for the six months ended June 30, 2023, compared to RMB 2,535 thousand for the same period in 2022, reflecting an increase of approximately 11.5%[26][27]. - The group reported a profit for the period increased by 31% to approximately RMB 2,372,000, compared to RMB 1,815,000 for the same period last year, driven by increased rental income and sales of marine firefighting equipment[60]. Revenue and Sales - Total revenue for the six months ended June 30, 2023, reached RMB 37,047 thousand, a significant increase from RMB 29,815 thousand for the same period in 2022, representing a growth of approximately 24.0%[26]. - The sales and services revenue for the six months ended June 30, 2023, was RMB 33,425 thousand, compared to RMB 27,762 thousand in the previous year, indicating a year-over-year increase of about 20.5%[26]. - Revenue from external customers in China for the six months ended June 30, 2023, was RMB 24,945 thousand, compared to RMB 20,654 thousand in the same period of 2022, representing a growth of approximately 20.8%[30]. - Revenue from customer contracts for the six months ended June 30, 2023, was RMB 33,425,000, up from RMB 27,762,000 in the same period of 2022, reflecting a growth of 20.0%[33]. - Revenue from sales of pressure vessels for the three months ended June 30, 2023, was RMB 7,233,000, an increase of 22.6% compared to RMB 5,897,000 in the same period of 2022[33]. - Revenue from sales of aquatic products for the three months ended June 30, 2023, was RMB 7,661,000, compared to RMB 6,937,000 in the same period of 2022, marking an increase of 11.8%[33]. Expenses and Costs - The company incurred expected credit loss provisions of RMB 1,621,000 for the six months ended June 30, 2023, reflecting a cautious approach to credit risk management[7]. - The administrative expenses for the six months ended June 30, 2023, were RMB 4,912,000, compared to RMB 4,615,000 for the same period in 2022, indicating a slight increase in operational costs[7]. - The company’s capital expenditure for the six months ended June 30, 2023, was RMB 248 thousand, compared to RMB 1,102 thousand in the same period of 2022, showing a decrease of approximately 77.5%[26][27]. - Financial expenses were approximately RMB 168,000, down from RMB 220,000 in the previous year, primarily due to interest expenses on bank loans for the acquisition of production facilities[58]. - The group's sales and distribution expenses amounted to RMB 1,437,000, a decrease of approximately 20% compared to RMB 1,791,000 for the same period last year[56]. Assets and Liabilities - As of June 30, 2023, total non-current assets amounted to RMB 29,133 million, a slight decrease from RMB 29,541 million as of December 31, 2022[10]. - Current assets totaled RMB 155,069 million, up from RMB 151,808 million at the end of 2022, driven by an increase in cash and cash equivalents to RMB 132,064 million[10]. - Total liabilities were RMB 30,803 million, with current liabilities at RMB 14,341 million, showing a marginal decrease from RMB 14,386 million in the previous year[11]. - The company's net asset value reached RMB 153,399 million, an increase from RMB 150,107 million year-over-year[11]. - The company reported a total equity of RMB 153,399 million, reflecting a growth from RMB 150,107 million in the previous year[11]. - The total assets as of June 30, 2023, amounted to RMB 184,202 thousand, up from RMB 173,916 thousand as of June 30, 2022, marking an increase of about 5.4%[26][27]. - The company’s total liabilities as of June 30, 2023, were RMB 30,803 thousand, compared to RMB 32,080 thousand as of June 30, 2022, indicating a reduction of about 3.9%[26][27]. Corporate Governance and Compliance - The company is committed to maintaining accurate and complete financial reporting as confirmed by the board of directors[2]. - The company has complied with all corporate governance rules as per GEM Listing Rules Appendix 15 during the year[87]. - The Audit Committee has reviewed the unaudited financial statements for the six months ended June 30, 2023[91]. - The company has not purchased, sold, or redeemed any of its listed securities during the six months ended June 30, 2023[85]. Future Outlook and Strategy - The company plans to continue investing in new product development and market expansion strategies to drive future growth[15]. - Future guidance indicates a cautious outlook due to market conditions, with a focus on maintaining stable revenue streams[25]. - The board remains optimistic about the gradual recovery of the Chinese economy from the global pandemic, planning to consider acquisitions of profitable enterprises to accelerate profit growth[75]. Employee and Labor Relations - The company has maintained strict control over accounts receivable to minimize credit risk, with senior management regularly reviewing overdue balances[43]. - The company maintains a good relationship with its employees, as stated by the board of directors[84]. - The company has adhered to local government regulations regarding retirement plan contributions for all eligible employees in China[84]. - There were no significant labor disputes or strikes affecting the company's operations during the reporting period[84]. - As of June 30, 2023, the company had 89 employees, a slight decrease from 90 employees as of June 30, 2022[84]. Shareholder Information - The company’s major shareholder, Union City, holds approximately 70.36% of the issued share capital[81]. - As of June 30, 2023, there were no other individuals known to hold 5% or more of the company's issued share capital[81]. - The company did not declare or pay any dividends for the six months ended June 30, 2023, consistent with the previous year[38]. - The company did not recommend the payment of an interim dividend for the six months ended June 30, 2023, consistent with no dividend for the same period in 2022[86].

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依賴該等內容而引致之任何損 失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號：8115） 截 至 二 零 二 三 年 六 月 三 十 日 止 六 個 月 中 期 業 績 公 佈 香港聯合交易所有限公司GEM的特色 GEM的 定 位 乃 為 相 比 其 他 在 聯 交 所 上 市 的 公 司 可 能 帶 有 較 高 投 資 風 險 的中小型公司提供一個上市的市場。有意投資者應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，在GEM買賣的證券可能會較於聯 交所主板買賣的證券承受較大的市場波動風險，同時無法保證在GEM買 賣的證券會有高流通量的市場。 本公佈（上海青浦消防器材股份有限公司（「本公司」，連同其附屬公司統 稱「本集團」）各董事（「董事」）願共同及個別對此負全責）乃遵照聯交所GEM 證券上市規則（「GEM上市規則」）之規定提供有關本公司之資料。董事經 作出一切 ...

Financial Performance - The company's revenue for Q1 2023 reached RMB 15,676,000, an increase of 6.0% compared to RMB 14,783,000 in Q1 2022[9] - Gross profit for the same period was RMB 3,804,000, down 9.0% from RMB 4,181,000 in Q1 2022[9] - The net profit for Q1 2023 was RMB 1,139,000, a decrease of 18.2% compared to RMB 1,393,000 in Q1 2022[9] - Basic earnings per share for Q1 2023 were RMB 0.27, down from RMB 0.30 in Q1 2022[9] - The group’s total income from other sources, including government grants, was RMB 194,000, compared to RMB 289,000 in the previous year[16] - The group recorded a profit for the period of approximately RMB 1,034,000, compared to RMB 1,393,000 for the same period last year[34] Revenue Breakdown - Revenue from sales of pressure vessels was RMB 6,158,000, an increase of 54.5% from RMB 3,987,000 in the previous year[16] - Revenue from sales of aquatic products decreased to RMB 5,207,000, down 26.5% from RMB 7,111,000 in the same period last year[16] - The group's revenue for the three months ended March 31, 2023, was RMB 15,870,000, compared to RMB 15,072,000 for the same period in 2022, representing an increase of approximately 5.3%[16] Expenses and Costs - Selling and distribution expenses increased to RMB 2,253,000 from RMB 852,000 in the previous year[9] - Administrative expenses increased from RMB 2,090,000 to approximately RMB 2,253,000, an increase of 8% year-on-year[32] - Finance costs rose to RMB 113,000 from RMB 92,000 in Q1 2022[9] - Selling and distribution expenses decreased from RMB 852,000 to approximately RMB 619,000, a decline of 27% compared to the same period last year[31] - Financial expenses were approximately RMB 92,000, down from RMB 113,000 for the same period last year[33] Strategic Plans and Market Position - The company aims to enhance market expansion and product development strategies in the upcoming quarters[10] - The company plans to invest in new technologies to improve operational efficiency and product offerings[10] - The board remains optimistic about the gradual recovery of the Chinese economy from the global pandemic, considering acquisitions of profitable companies to accelerate growth[41] - The company aims to become a major player in the manufacturing and sales of firefighting equipment and services in China[41] Corporate Governance and Shareholding - The company has established an Audit Committee to oversee financial reporting and internal control processes, consisting of three independent non-executive directors[52][53] - The company has adhered to all corporate governance rules as stipulated by the GEM listing rules[48] - The company is committed to maintaining responsible decision-making processes and respecting shareholder rights[49] - As of March 31, 2023, Mr. Zhou Jin Hui holds 71.05% of the company’s shares through a controlled entity[42] - The company’s major shareholders include Zhejiang Hengtai, which holds an 80% interest, and Mr. Zhou Jinhui, who holds a 20% interest[3] Compliance and Reporting - The group did not declare or pay any dividends for the three months ended March 31, 2023, consistent with the previous year[24] - The group did not incur any taxable profits in Hong Kong for the three months ended March 31, 2023, resulting in no provision for Hong Kong profits tax[18] - The group maintained consistent accounting policies with the previous financial year, ensuring no significant impact on reported performance[14] - The company has not reported any significant changes in shareholding interests exceeding 5% as of March 31, 2023[3] - The company has not disclosed any new product developments or market expansion strategies in the recent reporting period[3] Product and Service Offerings - The company’s fire extinguisher products are categorized into three types: carbon dioxide, water-based, and dry powder, meeting various customer needs[39] - The company has obtained manufacturing permits for its pressure vessels in China, complying with quality standards required by the US and EU[39] - The company’s product types have received certification from relevant authorities, enhancing its market credibility[39] - The group provided inspection services to a related company, generating revenue of approximately RMB 3,000 for the three months ending March 31, 2023[26] Financial Position - The total assets of the company as of March 31, 2023, were RMB 50,000,000, reflecting a stable financial position[10] - The group’s financial assets recorded a realized gain of RMB 87,000 for the period, down from RMB 125,000 in the previous year[16] - The company has pledged a total of 131,870,000 shares as collateral for a loan amounting to RMB 198,000,000, with a partial repayment of RMB 63,000,000 required to release the pledged shares[3]

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依賴該等內容而引致之任何損 失承擔任何責任。 （於中華人民共和國註冊成立之股份有限公司） （股份代號：8115） 截 至 二 零 二 三 年 三 月 三 十 一 日 止 三 個 月 第 一 季 度 業 績 公 佈 香港聯合交易所有限公司GEM的特色 GEM的 定 位 乃 為 相 比 其 他 在 聯 交 所 上 市 的 公 司 可 能 帶 有 較 高 投 資 風 險 的中小型公司提供一個上市的市場。有意投資者應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，在GEM買賣的證券可能會較於聯 交所主板買賣的證券承受較大的市場波動風險，同時無法保證在GEM買 賣的證券會有高流通量的市場。 本公佈（上海青浦消防器材股份有限公司（「本公司」，連同其附屬公司統 稱「本集團」各董事（「董事」）願共同及個別對此負全責）乃遵照聯交所GEM 證券上市規則（「GEM上市規則」）之規定提供有關本公司之資料。董事經 ...

Financial Performance - The group recorded total revenue of RMB 62,198,000 for the year ended December 31, 2022, a decrease of approximately 14.60% from RMB 72,830,000 in the previous year[7][15]. - The net profit attributable to the owners of the company for the year was RMB 5,586,000[7]. - The overall gross profit for the year was approximately RMB 16,909,000, with a gross profit margin decreasing from about 32% to approximately 27%[16]. - Other income and gains decreased significantly from approximately RMB 66,399,000 to about RMB 4,327,000, primarily due to the recognition of gains from the return of land under investment properties in the previous year[17]. - The company's profit attributable to owners for the year ended December 31, 2022, was approximately RMB 5,586,000, a decrease of 90.6% compared to RMB 59,750,000 for the year ended December 31, 2021[24]. - The company reported a pre-tax profit of RMB 7,608,000, a decline of 89.5% compared to RMB 72,677,000 in 2021[196]. - The company’s total cash flow for the year was RMB 8,639,000, a decrease of 90.4% from RMB 90,405,000 in 2021[197]. Expenses and Costs - Selling and distribution expenses increased by approximately 32% to about RMB 3,301,000, mainly due to increased salaries and depreciation[18]. - Administrative expenses decreased by approximately 30% to about RMB 10,350,000, attributed to the write-off of properties, plants, and equipment in the previous year[19]. - Depreciation of property, plant, and equipment increased to RMB 1,367,000 from RMB 434,000, reflecting a rise of 215.4%[196]. Assets and Liabilities - As of December 31, 2022, the group's current assets were approximately RMB 150,107,000, resulting in a current ratio of 10.6, down from 11.4 as of December 31, 2021[26]. - The group's debt-to-equity ratio as of December 31, 2022, was 21%, down from 23% as of December 31, 2021, due to a decrease in deferred tax liabilities and an increase in equity from profits[27]. - The group's net asset value as of December 31, 2022, was approximately RMB 150,107,000, an increase from RMB 140,021,000 as of December 31, 2021[33]. - The group's bank borrowings secured by assets amounted to RMB 14,223,000 as of December 31, 2022[28]. - Non-current liabilities decreased to RMB 16,856,000 in 2022 from RMB 19,312,000 in 2021, a reduction of 15.4%[191]. Inventory and Receivables - Trade receivables and notes increased by 44% to approximately RMB 8,081,000, attributed to higher sales compared to the previous year[26]. - The group's trade receivables amounted to approximately RMB 7,662,000, net of impairment provisions of RMB 1,684,000[174]. - The expected credit loss provision for trade receivables was reversed by approximately RMB 449,000 during the year[174]. - The group's inventory had a book value of approximately RMB 11,640,000, net of an inventory impairment provision of approximately RMB 701,000 as of December 31, 2022[171]. Corporate Governance - The company has adopted the GEM listing rules to enhance corporate governance and transparency, ensuring responsible decision-making and risk management[48][49]. - The company has established a code of conduct for securities trading by directors, ensuring compliance with GEM listing rules[50]. - The company has a management team with extensive experience, including over 20 years in quality control and more than 15 years in accounting and finance[42][44]. - The board of directors consists of six members, with all attending 100% of the meetings held in 2022, totaling four meetings[51][60]. - The audit committee held five meetings in 2022 to review the financial performance and internal audit matters, with all members attending every meeting[59][60]. Environmental and Social Responsibility - The company conducted a comprehensive materiality assessment in 2022 to identify and prioritize environmental, social, and governance issues relevant to its operations[72]. - The company is committed to setting annual environmental goals focused on sustainability, with regular reviews by the board to assess progress[74]. - The company generated approximately 42 tons of CO2 emissions annually from its largest factory located in Shanghai, calculated based on guidelines from the Shanghai Municipal Ecology and Environment Bureau[85]. - The total waste generated by the company during the year was approximately 55 tons, with packaging materials weighing between 0.2 kg to 1 kg per product depending on type and size[86]. - The company has implemented policies to monitor weather forecasts and communicate with suppliers and customers in anticipation of transportation disruptions due to extreme weather[94]. Employee and Training - The group maintained a stable employee count of 90 as of December 31, 2022, consistent with the previous year[34]. - Total number of employees as of December 31, 2022, is 90, with 55 males and 35 females[100]. - 20% of male employees and 10% of female employees received training during the year[106]. - Average training hours per employee were 20 hours for males and 15 hours for females[107]. Shareholder Information - The company did not propose any dividends for the fiscal year ending December 31, 2022[131]. - The company's distributable reserves as of December 31, 2022, amounted to approximately RMB 33,962,000[139]. - Sales to the top five customers accounted for approximately 67% of total revenue, with the largest customer contributing about 35%[140]. - Purchases from the top five suppliers represented approximately 42% of total procurement, with the largest supplier accounting for about 22%[141]. Audit and Compliance - The independent auditor's report confirmed that the consolidated financial statements fairly reflect the group's financial position as of December 31, 2022, in accordance with International Financial Reporting Standards[161]. - The company identified the assessment of goodwill impairment as a key audit matter due to significant management judgment and estimates involved[168]. - The assessment of inventory provisions was also identified as a key audit matter, considering the management's judgments regarding obsolescence and net realizable value[172]. - The audit procedures included discussions with management to understand the basis and methods of the expected credit loss assessment[175].

（於中華人民共和國註冊成立之股份有限公司） （股份代號：8115） 截 至 二 零 二 二 年 十 二 月 三 十 一 日 止 年 度 全 年 業 績 公 佈 香港聯合交易所有限公司GEM的特色 GEM的 定 位 乃 為 相 比 其 他 在 聯 交 所 上 市 的 公 司 可 能 帶 有 較 高 投 資 風 險 的中小型公司提供一個上市的市場。有意投資者應了解投資於該等公司 的潛在風險，並應經過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司一般為中小型公司，在GEM買賣的證券可能會較於聯 交所主板買賣的證券承受較大的市場波動風險，同時無法保證在GEM買 賣的證券會有高流通量的市場。 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。 本公佈（上海青浦消防器材股份有限公司（「本公司」，連同其附屬公司統 稱（「本集團」）各董事（「董事」）願共同及個別對此負全責）乃遵照聯交所 GEM證券上市規則（「GEM上市規則」）之規定提供有關本公司之資料。董 事經作 ...

Financial Performance - For the nine months ended September 30, 2022, the company reported total revenue of RMB 44,974,000, an increase from RMB 32,310,000 in the same period of 2021, representing a growth of approximately 39.3%[7] - The gross profit for the same period was RMB 12,664,000, compared to RMB 5,192,000 in 2021, indicating a significant increase of approximately 143.5%[7] - The company recorded a net profit attributable to equity holders of RMB 3,305,000 for the nine months ended September 30, 2022, up from RMB 715,000 in the previous year, reflecting a growth of approximately 362.3%[7] - Basic earnings per share for the period were RMB 0.38, compared to RMB 0.26 for the same period in 2021, marking an increase of approximately 46.2%[7] - Total revenue from customer contracts for the nine months ended September 30, 2022, was RMB 48,296,000, an increase from RMB 41,107,000 in the same period of 2021, representing a growth of approximately 17%[14] - Rental income for the nine months ended September 30, 2022, amounted to RMB 4,916,000, compared to RMB 3,867,000 in the same period of 2021, reflecting an increase of about 27%[15] - Other income and gains totaled RMB 47,004,000 for the nine months ended September 30, 2022, compared to RMB 72,474,000 in the same period of 2021, indicating a decrease of approximately 35%[17] - The company reported interest income of RMB 302,000 for the nine months ended September 30, 2022, compared to RMB 91,000 in the same period of 2021, marking an increase of approximately 231%[17] - The company reported a net profit attributable to ordinary equity holders of approximately RMB 480 million for the three months ended September 30, 2022, compared to RMB 45.885 million for the same period in 2021[23] - For the nine months ended September 30, 2022, the net profit attributable to ordinary equity holders was approximately RMB 715 million, up from RMB 49.212 million in the same period of 2021[23] Expenses and Costs - The company generated other income and gains of RMB 2,030,000, compared to RMB 2,256,000 in the previous year, showing a decrease of approximately 10.0%[7] - Administrative expenses for the nine months were RMB 8,044,000, an increase from RMB 4,059,000 in 2021, representing a rise of approximately 98.0%[7] - The company’s employee costs for the nine months ended September 30, 2022, were RMB 5,839,000, compared to RMB 1,143,000 in the same period of 2021, indicating a substantial increase[20] - Selling and distribution expenses increased by approximately 31% to RMB 2,256,000, attributed to higher costs associated with the expansion of the aquatic products sales department[32] - Administrative expenses decreased by approximately 24% to RMB 8,044,000, mainly due to reduced professional fees related to land recovery and impairment of other receivables[32] Taxation - The company did not incur any taxable profits in Hong Kong for the nine months ended September 30, 2022, resulting in no provision for Hong Kong profits tax[21] - The effective corporate income tax rate for the group was estimated at 25% for the nine months ended September 30, 2022, unchanged from the previous year[23] - The actual tax rate for the period increased to 19% from 15% in the previous period, influenced by non-deductible items that increased taxable profits[34] Corporate Governance - The financial statements are prepared in accordance with International Financial Reporting Standards and have been reviewed by the audit committee[11] - The company has not adopted any new accounting standards or interpretations that have not yet come into effect during the current accounting period[12] - The audit committee has reviewed the unaudited consolidated financial statements for the nine months ending September 30, 2022, and provided recommendations[50] - The company is committed to enhancing corporate governance, aiming to improve decision-making processes and risk management[49] - The company has adhered to all corporate governance code provisions as required by GEM listing rules as of September 30, 2022[49] - The company’s board of directors consists of three independent non-executive directors, ensuring compliance with governance standards[50] - The company has established a clear written terms of reference for the audit committee, focusing on financial reporting and internal controls[50] Market and Product Development - The company is engaged in the production and sale of firefighting equipment and pressure vessels, as well as providing related technical inspection services[10] - The company plans to expand its market presence and enhance its product offerings in the firefighting equipment sector[10] - The company plans to continue its market expansion and product development strategies to enhance revenue growth in the upcoming quarters[18] - The group plans to enhance sales of aquatic products following the commissioning of a new production facility in 2021, which is expected to improve capacity and attract new customers[40] Shareholder Information - As of September 30, 2022, the major shareholder, Liancheng Fire Group, holds 131,870,000 shares, representing approximately 70.36% of the total issued share capital[44] - Zhejiang Hengtai Real Estate Co., Ltd. owns 80% of Liancheng, thus holding rights to the same number of shares[45] - The company has not purchased, sold, or redeemed any of its listed securities as of September 30, 2022[49] - The company had no issued potential diluted ordinary shares during the periods ended September 30, 2022, and September 30, 2021, thus no adjustments were made to basic earnings per share[24] - The total issued shares remained at 187,430,000 for both the three and nine months ended September 30, 2022, and 2021[23] - No other individuals were reported to hold 5% or more of the relevant interests in the company as of September 30, 2022[46] Equity and Retained Earnings - The company’s total equity as of September 30, 2022, was RMB 130,332 thousand, compared to RMB 119,079 thousand as of September 30, 2021[26] - The company’s retained earnings as of September 30, 2022, were RMB 46,115 thousand, an increase from RMB 36,700 thousand as of September 30, 2021[26]

Shanghai Qingpu Fire-Fighting Equipment Co., Ltd.* 上 海 青 浦 消 防 器 材 股 份 有 限 公 司 (於中華人民共和國註冊成立之股份有限公司) (股份代號：8115) 二零二二年中期報告 8 僅供識別 香 港 聯 合 交 易 所 有 限 公 司GEM的 特 色 GEM的 定 位 乃 為 相 比 其 他 在 聯 交 所 上 市 的 公 司 可 能 帶 有 較 高 投 資 風 險 的 中 小型公司提供一個上市的市場。有意投資者應了解投資於該等公司的潛在風險， 並 應 經 過 審 慎 周 詳 的 考 慮 後 方 作 出 投 資 決 定。 由 於GEM上 市 公 司 一 般 為 中 小 型 公 司，在GEM買 賣 的 證 券 可 能 會 較 於 聯 交 所 主 板 買 賣 的 證 券 承 受 較 大 的 市 場 波 動 風 險，同 時 無 法 保 證 在GEM買 賣 的 證 券 會 有 高 流 通 量 的 市 場。 本 報 告（上 海 青 浦 消 防 器 材 股 份 有 限 公 司（「本 公 司」，連 同 其 附 屬 公 司 統 稱「本 集 團」）各 董 事（ ...

Financial Performance - Revenue for Q1 2022 was RMB 31,783,000, a decrease of 6.9% compared to RMB 34,783,000 in Q1 2021[7] - Gross profit for the quarter was RMB 4,181,000, down 18.9% from RMB 5,155,000 in the same period last year[8] - Profit before tax decreased to RMB 1,415,000, representing a decline of 39.4% from RMB 2,336,000 in Q1 2021[11] - Net profit for the period was RMB 1,393,000, a decrease of 38.3% compared to RMB 2,256,000 in the previous year[13] - The group's revenue for the three months ended March 31, 2022, was approximately RMB 14,783,000, a decrease of about 13% compared to RMB 16,952,000 for the same period in 2021[72] - The overall gross profit for the three months ended March 31, 2022, was approximately RMB 4,181,000, with a gross margin of 19%, down from 23% in the same period of 2021[73] - The group recorded a profit of approximately RMB 1,393,000 for the three months ended March 31, 2022, down from RMB 2,256,000 for the same period in 2021, representing a decline of about 38.2%[79] Earnings and Shares - Basic and diluted earnings per share remained at RMB 0.27, unchanged from Q1 2021[15] - The basic earnings per share for the three months ended March 31, 2022, was calculated based on a profit attributable to equity holders of approximately RMB 510,000, consistent with the same period in 2021[65] - The group did not declare or pay any dividends for the three months ended March 31, 2022, similar to the previous year[67] Expenses - Selling and distribution expenses increased to RMB 852,000, up 114.4% from RMB 397,000 in the same period last year[10] - Administrative expenses decreased to RMB 2,090,000, down 13.1% from RMB 2,405,000 in Q1 2021[10] - Financial expenses slightly decreased to RMB 113,000 from RMB 129,000 in the previous year[10] - Selling and distribution expenses rose to approximately RMB 852,000, an increase of 115% compared to RMB 397,000 in the previous year, mainly due to increased delivery costs and expansion costs in the aquarium products sales department[75] - Administrative expenses decreased to approximately RMB 2,090,000, a reduction of 13% from RMB 2,405,000 in the same period last year, primarily due to lower legal costs and employee expenses[76] - For the three months ended March 31, 2022, the group's financial expenses were approximately RMB 113,000, a decrease from RMB 129,000 for the same period in 2021[77] Other Income and Gains - Other income and gains for the quarter were RMB 289,000, a significant increase of 158.0% from RMB 112,000 in Q1 2021[9] - Other income and gains increased from RMB 112,000 to approximately RMB 289,000, representing a 158% increase year-over-year, primarily due to increased realized gains on financial assets measured at fair value[74] Corporate Governance and Future Plans - The company continues to focus on the production and sale of firefighting equipment and pressure vessels, as well as providing related inspection services[22] - The company remains optimistic about the recovery of the Chinese economy from the global COVID-19 pandemic and plans to enhance sales of aquatic products through improved production capacity[84] - The company is considering utilizing fundraising channels to develop and acquire profitable related enterprises to accelerate profit growth and establish itself as a major supplier of firefighting equipment and services in China[84] - The company is committed to promoting good corporate governance, aiming to enhance transparency and improve risk management and business performance[98] - The audit committee, consisting of three independent non-executive directors, has reviewed the unaudited financial results for the three months ending March 31, 2022[102] Shareholding and Securities - As of March 31, 2022, no individual or entity was reported to hold 5% or more of the company's issued share capital[94] - The company has not engaged in any purchase, sale, or redemption of its listed securities during the three months ending March 31, 2022[96] - The company has pledged a total of 131,870,000 shares as collateral for a loan of RMB 198,000,000, with a partial repayment of RMB 63,000,000 required to release the pledged shares[92] Related Party Transactions - The group did not engage in any significant transactions with related parties during the three months ended March 31, 2022[70] Taxation - The actual tax rate for the group for the three months ended March 31, 2022, was 2%, a decrease from 4% for the same period in 2021, primarily due to a reduction in taxable profits[80] - Non-controlling interests accounted for approximately RMB 883,000 of the profit for the three months ended March 31, 2022, compared to RMB 1,746,000 for the same period in 2021, reflecting a decrease of about 49.5%[81] Accounting Standards - The group did not apply any new accounting standards or interpretations that had not yet come into effect during the reporting period[24]

Financial Performance - The company recorded total revenue of RMB 72,830,000 for the year ended December 31, 2021, an increase of approximately 0.4% from RMB 72,517,000 in 2020[9][22] - The net profit attributable to the owners of the company for the same period was RMB 59,750,000[9] - The overall gross profit for the year was approximately RMB 23,358,000, with a gross margin increase from about 28% in 2020 to approximately 32% in 2021[23] - Other income and gains increased from approximately RMB 2,879,000 to approximately RMB 66,399,000, primarily due to the recognition of gains from the return of land under investment properties[24] - The group recorded a profit attributable to owners of the company of approximately RMB 59,750,000, a turnaround from a loss of RMB 1,403,000 in the previous year, mainly due to gains from the return of land under investment properties[33] - Current assets amounted to approximately RMB 142,703,000, with a current ratio of 11.4, up from 2.5 the previous year, driven by cash increases from compensation received for returned land[36] - The debt-to-equity ratio improved to 23% from 49%, reflecting an increase in total equity due to gains from the return of land under investment properties[37] - The net asset value of the group increased to approximately RMB 140,021,000 from RMB 73,380,000, indicating improved financial health[44] Operational Efficiency - The company has optimized its employee structure to enhance operational efficiency[20] - The new production facility of the subsidiary, Shanghai Ouyou Biotechnology Co., Ltd., was activated in 2021, improving capacity and corporate image[17] - Sales and distribution expenses rose from RMB 1,753,000 to approximately RMB 2,511,000, an increase of about 43%, mainly due to rising transportation costs[25] - Administrative expenses decreased by approximately 2.4%, from RMB 15,037,000 to about RMB 14,678,000, indicating stable management costs[26] - Financial expenses surged by approximately 196%, from RMB 160,000 to RMB 474,000, primarily due to interest expenses on bank loans for acquiring production facilities[27] - The number of employees decreased to 90 from 133, primarily due to a continuous reduction in production of fire-fighting equipment and testing services[45] Corporate Governance - The company has a board of six members, including three executive directors and three independent non-executive directors, with terms lasting until the 2023 annual general meeting[66] - The company has adopted the GEM Listing Rules Appendix 15 corporate governance code to enhance decision-making processes and improve transparency to shareholders[64] - The company’s management team includes experienced professionals with over 20 years in auditing, accounting, and financial management, ensuring strong oversight[58] - The company held four board meetings in 2021 to discuss development strategies, major operational matters, and financial issues[66] - The company’s executive directors have extensive experience in their respective fields, with backgrounds in construction, real estate, and management[49][50] - The company is committed to improving risk management and enhancing business performance through good corporate governance practices[64] - The company has a dedicated compliance officer to oversee adherence to corporate governance standards[60] - The company’s independent non-executive directors bring over 20 years of legal and accounting experience, contributing to effective governance[51][54] - The company emphasizes the importance of shareholder rights and interests in its governance framework[64] - The company has implemented a code of conduct for directors regarding securities trading, ensuring compliance with GEM Listing Rules[65] - The audit committee held five meetings during the year to review and discuss the company's financial performance and internal audit matters[77] - The company has adopted a board diversity policy, considering various factors such as gender, age, and professional experience in board member selection[85] - All directors participated in continuous professional training to enhance their knowledge and skills, ensuring informed contributions to the board[88] - The remuneration committee consists of one executive director and two independent non-executive directors, complying with GEM listing rules[79] - The company has established a nomination committee to review and monitor the board's structure and composition[83] - The internal control and risk management systems were evaluated to ensure they meet expected goals, with suggestions for improvements made[71] - The company’s chairman and general manager are distinct roles, with specific responsibilities outlined in the company's articles of association[70] - The company’s board members attended all scheduled meetings, demonstrating high engagement and commitment[78] - The company’s governance practices align with GEM listing rules, ensuring compliance and transparency in operations[74] Environmental, Social, and Governance (ESG) Practices - The board is committed to enhancing governance over environmental, social, and governance (ESG) matters, with regular reviews of annual environmental goals focused on eco-friendliness, energy conservation, and low carbon initiatives[96] - The company systematically collects solid waste, such as packaging materials, and ensures responsible disposal, separating recyclable components before disposal[108] - The company emphasizes compliance with environmental regulations and communicates relevant legal requirements to all affected stakeholders[109] - The environmental management approach is rooted in the "3R" waste hierarchy: Reduce, Reuse, and Recycle, aimed at minimizing waste generation[107] - The board oversees the entire process of ESG governance and disclosure, ensuring accountability for the development and reporting of ESG strategies[95] - The company has identified significant ESG factors, including greenhouse gas emissions and resource usage, as part of its risk assessment process[101] - The environmental, social, and governance report follows the principles of materiality, quantification, and consistency, ensuring relevant disclosures based on stakeholder input[99] - The company’s operations are aligned with the GEM listing rules, reflecting its commitment to sustainable development and stakeholder engagement[94] - The board will regularly review the progress of established environmental goals to ensure continuous improvement in ESG performance[96] - The company consumes approximately 2,500 cubic meters of water annually[118] - The company has set a target to maintain carbon dioxide emissions at current levels, focusing on energy conservation during office hours[118] - The company does not generate hazardous waste and has set no targets for reducing packaging materials[118] - The company emphasizes resource efficiency and has implemented measures to continuously monitor and improve resource usage[114] - The company encourages employees to report any water leakage issues immediately[119] - The company has implemented policies to mitigate risks related to climate change, including monitoring weather forecasts[122] Employee and Community Engagement - The employee turnover rate for the year is 39%, with male turnover at 35% and female turnover at 27%[140] - The total number of employees as of December 31, 2021, is 90, with 55 males and 35 females[140] - The company has a comprehensive compensation package that includes discretionary bonuses and medical insurance[128] - The percentage of employees receiving training this year was 20% for males and 10% for females[151][152] - The average training hours completed per employee were 20 hours for males and 15 hours for females[155] - The company aims to deepen its understanding of community needs and will continue to explore various channels for meaningful contributions[178] - The focus areas for community contributions are education and environmental issues[180] Compliance and Ethical Standards - The company reported no work-related fatalities over the past three years, including the current year[144] - There were no lost workdays due to occupational injuries during the reporting period[145] - All suppliers are located in China, ensuring local compliance and oversight[161] - There were no product recalls due to safety and health reasons during the year[167] - The company received no formal complaints regarding products and services this year[167] - The "Pujiang" trademark has been registered with Chinese authorities, protecting intellectual property rights[168] - The company has established formal guidelines for product responsibility and regularly evaluates these guidelines[166] - The company maintains a commitment to ethical, quality, safety, and efficiency standards throughout its supply chain[160] - The company reported no legal cases related to corruption against its employees during the year[173] - The company has a zero-tolerance policy towards corruption and bribery, ensuring compliance with all relevant laws and regulations[171] Revenue Concentration - Approximately 66% of total revenue was generated from the top five customers, with the largest customer contributing about 38% of total revenue[194] - Procurement from the top five suppliers accounted for approximately 37% of total procurement, with the largest supplier contributing about 10%[195] Shareholder Returns - The company has not declared any dividends for the current year, consistent with the previous year[187] - The company has not engaged in any buybacks or sales of its listed securities during the year[193] - The company’s available distributable reserves as of December 31, 2021, were approximately RMB 54,936,000[194]