JIADING INTL GP(08153)

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嘉鼎国际集团(08153) - 2025 - 中期财报
2024-11-29 13:21
Financial Performance - The Group recorded a revenue of approximately HK$36.6 million for the six months ended 30 September 2024, representing a significant decrease of approximately 15.1% compared to HK$43.1 million in the preceding period[10]. - The loss for the Period was approximately HK$27.0 million, compared to a loss of approximately HK$8.0 million in the preceding period, mainly due to decreased gross profit margin and increased distribution costs and administrative expenses[11]. - The advertising services business generated revenue of approximately HK$34.8 million, a decrease of approximately 1.7% from HK$35.4 million in the preceding period, attributed to weak market sentiments[17]. - Zixing Health recorded a revenue of approximately HK$1.6 million, representing a decrease of approximately 50.0% compared to approximately HK$3.2 million in the preceding period[34][36]. - The total loss before income tax for the six months ended September 30, 2024, was HK$26,325,000, reflecting a significant decline in profitability compared to previous periods[156]. - Loss per share attributable to owners of the Company was HK$19.17, compared to HK$8.79 in the previous year, indicating a worsening loss per share[113]. - The company reported a significant decrease in revenue from the PRC, dropping to HK$1,778,000 from HK$7,713,000 in the previous year[171]. Expenses and Costs - Administrative expenses increased significantly by approximately 98.5% to approximately HK$26.2 million, up from approximately HK$13.2 million in the preceding period[35][37]. - The increase in loss was primarily attributed to a decrease in gross profit margin and a significant rise in distribution costs and administrative expenses[39][41]. - The Group's advertising segment reported a loss of HK$4,684,000, contributing to the overall financial performance challenges faced during this period[156]. - Employee benefit expenses increased to HK$3,596,000 in 2024 from HK$4,429,000 in 2023, with salaries and wages rising from HK$2,447,000 to HK$3,421,000[189]. - The company incurred finance costs of HK$1,017,000, contributing to the overall financial performance[186]. Cash Flow and Liquidity - The Group's cash and cash equivalents increased to approximately HK$27.3 million as of 30 September 2024, up from approximately HK$6.7 million as of 31 March 2024, primarily due to rights issue activities[44]. - Current assets decreased to HK$12,361,000 from HK$13,503,000 as of March 31, 2024, reflecting a decline in liquidity[116]. - Cash and cash equivalents at the end of the reporting period increased to HK$27,329,000 from HK$25,290,000, marking a net increase of HK$2,039,000[131]. - The company generated HK$24,315,000 from financing activities, down from HK$32,429,000 in the previous year, primarily due to a decrease in proceeds from borrowings[131]. Business Segments and Operations - The Group's new energy batteries segment recorded total revenue of approximately HK$0.1 million during the period, indicating ongoing development and internal adjustments in battery technology[21]. - No revenue was recorded from the sales of new energy off-road vehicles during the Period, as the Group is considering adjustments to its business model and actively redesigning off-road vehicles to enhance competitiveness[27][28]. - The Group has maintained four reportable operating segments: sales of health care products, sales of new energy off-road vehicles, sales of new energy batteries, and advertising[150]. - The Group plans to enhance product coverage and improve production processes through significant R&D investments[68]. Future Outlook and Strategy - The Group aims to capture business opportunities in the second half of the year by closely monitoring existing operations and deploying resources accordingly[18]. - Recent mainland policies encouraging financial support and operational subsidies are expected to generate revenue for the Group in the near future[29]. - The Group anticipates a clearer outlook for its advertising business in 2025 due to improving macroeconomic conditions[63]. - The new energy battery business is expected to benefit from the global transition to renewable energy, with China accounting for over half of the global electric vehicle market[64]. - The Group is optimistic about the future of new energy batteries, driven by the rapid increase in global demand for electric vehicles and renewable energy[75]. Share Capital and Corporate Governance - The Company proposed a share consolidation and capital reorganization, which was approved by shareholders and became effective on 21 May 2024[45][47]. - As of 30 September 2024, the Company's issued share capital was approximately HK$36,683, with 366,827,260 ordinary shares of par value HK$0.0001 each[46][48]. - The share option scheme allows for the issuance of 7,642,281 shares, with a mandate limit refreshed to 10% of the issued shares as of April 6, 2023[84][87]. - The company has complied with all code provisions of the Corporate Governance Code for the six months ended September 30, 2024[94]. - Mr. Li Guangying resigned as an executive Director effective August 7, 2024[94]. - Ms. Wang Dongmei resigned as a non-executive Director effective July 5, 2024[94]. Audit and Compliance - The Audit Committee reviewed the unaudited interim report for the six months ended September 30, 2024, confirming compliance with applicable accounting standards and GEM Listing Rules[105]. - The interim financial statements have been prepared in accordance with HKAS 34 and have not been audited but reviewed by the Company's audit committee[138]. - The accounting policies applied in the preparation of the interim financial statements are consistent with those used in the 2024 Annual Report, ensuring continuity in financial reporting[143].
嘉鼎国际集团(08153) - 2025 - 中期业绩
2024-11-29 13:15
Financial Performance - The Group recorded a revenue of approximately HK$36.6 million for the six months ended 30 September 2024, representing a significant decrease of approximately 15.1% compared to HK$43.1 million for the same period in 2023[13]. - The Group incurred a loss of approximately HK$27.0 million for the Period, compared to a loss of approximately HK$8.0 million in the preceding period, primarily due to a decrease in gross profit margin and a significant increase in distribution costs and administrative expenses[14]. - Loss before income tax increased to HK$26,325,000, compared to a loss of HK$7,806,000 in the same period last year, indicating a significant deterioration in financial performance[113]. - The total comprehensive expense for the period was HK$26,309,000, compared to HK$5,507,000 in the previous year, highlighting increased financial challenges[116]. - Loss per share attributable to owners of the Company was HK$19.17, compared to HK$8.79 in the previous year, indicating a worsening loss per share[116]. Revenue Breakdown - Revenue from the advertising services business was approximately HK$34.8 million, a decrease of approximately 1.7% from HK$35.4 million in the preceding period, attributed to weak market sentiments[20]. - Zixing Health recorded a revenue of approximately HK$1.6 million, a decrease of approximately 50.0% compared to approximately HK$3.2 million in the preceding period, primarily due to weak market sentiments[37]. - Revenue from external customers in Hong Kong was HK$34,826,000, a slight decrease from HK$35,369,000 in the previous year[174]. - The geographical revenue breakdown indicates that sales in the PRC dropped significantly from HK$7,713,000 to HK$1,778,000 year-over-year[174]. Expenses and Costs - The significant increase in distribution costs and administrative expenses contributed to the overall loss for the Period[14]. - The Group's administrative expenses increased significantly by approximately 98.5% to approximately HK$26.2 million, compared to approximately HK$13.2 million in the preceding period, mainly due to increased vehicle design and consultancy fees[40]. - Employee benefit expenses increased to HK$3,421,000 from HK$2,447,000, representing a rise of 39.7%[192]. - Total finance costs for the six months ended September 30, 2024, were HK$1,009,000, slightly down from HK$1,017,000 in 2023, a decrease of 0.8%[190]. Cash Flow and Liquidity - As of September 30, 2024, the Group had cash and cash equivalents of approximately HK$27.3 million, a significant increase from approximately HK$6.7 million as of March 31, 2024, due to rights issue activities[47]. - Net cash used in operating activities for the six months ended 30 September 2024 was HK$ (3,130,000), a significant improvement compared to HK$ (25,755,000) in the same period of 2023[134]. - Cash and cash equivalents at the end of the reporting period increased to HK$ 27,329,000 from HK$ 25,290,000 in the previous year[134]. - The Group's current ratio was approximately 1.9, lower than 2.7 as of March 31, 2024, but still considered acceptable for maintaining liquidity[47]. Capital and Financing Activities - The completion of the rights issue occurred on 26 September 2024, with net proceeds of approximately HK$25.8 million, which will be used for debt repayment, working capital, and expansion of various business segments[53][56]. - The intended allocation of the net proceeds includes HK$7.5 million for debt repayment, HK$3 million for advertising business working capital, and HK$3,300,000 for R&D of new energy off-road vehicles[56][57]. - The Group's outstanding borrowings increased to approximately HK$17.2 million from approximately HK$16.1 million as of March 31, 2024, primarily consisting of unsecured loans and promissory notes[47]. - Net cash generated from financing activities was HK$ 24,315,000, down from HK$ 32,429,000 in the previous year[134]. Business Segments and Strategy - The Group's principal activities include sales of health care products, new energy off-road vehicles, new energy batteries, and advertising services[138]. - The Group has four reportable operating segments: sales of health care products, sales of new energy off-road vehicles, sales of new energy batteries, and advertising[153]. - The Group plans to closely monitor operations in the advertising segment and allocate resources proportionately to capture business opportunities in the second half of the year[21]. - The Group aims to enhance its competitive edge by offering value-added services and annual advertising solutions across various media platforms[16]. Future Outlook - The Group anticipates a clearer outlook for its advertising business in 2025 due to improving macroeconomic conditions and market environment[66]. - The new energy battery business is expected to grow significantly, driven by increasing global demand for electric vehicles and renewable energy resources, particularly in China, which accounts for over half of the global electric vehicle market[67]. - The Group believes it is well-prepared to capitalize on growth opportunities in the new energy battery sector, driven by strong government support in China[73]. Corporate Governance and Compliance - The Company has complied with all corporate governance code provisions for the six months ended September 30, 2024[97]. - The Audit Committee reviewed the unaudited interim report and confirmed compliance with applicable accounting standards and GEM Listing Rules[108]. - The interim financial statements have been reviewed by the Company's audit committee but not audited[141]. Share Capital and Options - As of 30 September 2024, the company's issued share capital was approximately HK$36,683, with 366,827,260 ordinary shares of par value HK$0.0001 each[49][51]. - The share option scheme adopted on April 6, 2023, has a mandate limit refreshed to 10% of the issued shares, with 7,642,281 shares available for issue as of the report date[87]. - The total number of share options exercised during the period was 4,074,426 shares[93]. - The previous share option scheme was terminated on April 6, 2023, with movements detailed for the six months ended September 30, 2024[92].
嘉鼎国际集团(08153) - 2024 - 年度财报
2024-06-28 14:43
Financial Performance - The Group recorded a revenue of approximately HK$112.7 million for the year ended 31 March 2024, representing an increase of 16.07% compared to approximately HK$97.1 million in the previous year[18]. - The loss for the Reporting Period amounted to approximately HK$16.1 million, a significant improvement from the loss of approximately HK$67.2 million in the last year[18]. - The loss attributable to owners of the Company for the Reporting Period was HK$21.1 million, compared to a net loss of approximately HK$67.2 million for the last corresponding period[18]. - The Group's loss for the year was approximately HK$16.1 million, a significant improvement from a loss of approximately HK$67.2 million in the previous year[19]. - The Group's revenue for the year ended March 31, 2024, was approximately HK$112.7 million, an increase of 16.07% from HK$97.1 million in the previous year, primarily driven by the advertising services segment[39]. - The loss attributable to the owners of the Company decreased to approximately HK$21.1 million from HK$67.2 million in the last reporting year, resulting in a loss per share of HK24.85 cents versus HK117.1 cents[68]. - The gross profit margin improved significantly to 21.74%, up from 13.9% in the previous year, mainly due to increased contributions from new business[69]. Revenue Segments - The advertising services segment generated approximately HK$66.3 million, a decrease of 22.0% compared to approximately HK$85.0 million in the prior year, primarily due to challenges in the Hong Kong advertising market[21]. - The new energy battery segment generated revenue of approximately HK$2.3 million, while sales of new energy off-road vehicles reached HK$10.5 million and health care products sales amounted to HK$33.7 million, both of which were new revenue streams for the Group[36]. - Advertising services revenue decreased to approximately HK$66.3 million, down 22.1% from HK$85.0 million, due to increased digital consumption and a shift towards online channels[42]. - The sales of new energy off-road vehicles generated HK$10.4 million during the review period, following the acquisition of Weishi (Shenzhen) on June 26, 2023[48]. - Revenue from new energy battery sales was approximately HK$2.3 million, with significant advancements in graphene battery technology noted[50]. - The health care products segment generated approximately HK$33.7 million in revenue, following the acquisition of Zixing Health on August 30, 2023[51]. Business Strategy and Outlook - The Group plans to integrate its new energy battery business with the new energy off-road vehicle business to reduce costs and enhance market competitiveness[24]. - The management is optimistic about the business environment for the new energy battery segment, driven by favorable green energy policies and the recovery of the domestic economy in China[29]. - The Group is committed to exploring new business areas to support long-term growth amidst a challenging global economic environment[29]. - The Group aims to enhance product quality and innovate in the new energy battery technology to drive future revenue growth[23]. - The management anticipates better performance for the Chinese economy in 2024, supported by favorable government policies promoting new energy industries[58]. - The Group aims to maintain a stable operation in the advertising segment while capturing business opportunities as the economy recovers in 2024[45]. - The Group's five largest customers accounted for 42.9% of total revenue for the year, with the largest customer contributing 14.3%[164]. Financial Position and Liquidity - The Group raised approximately HK$29.8 million through the placing of 305,691,261 new ordinary shares at HK$0.10 per share, aimed at debt repayment and business expansion[57]. - As of March 31, 2024, the Group had cash and cash equivalents of approximately HK$6.7 million, down from HK$16.0 million as of March 31, 2023, due to high demand for financial resources[78]. - The current ratio improved to 2.71 from 2.52 as of March 31, 2023, indicating a reasonable liquidity level[78]. - The Group's outstanding borrowings were approximately HK$16.1 million, a decrease of 38.54% from approximately HK$26.2 million as of March 31, 2023[79][82]. - The Group's gearing ratio was 10.1% as of March 31, 2024, down from 20.1% as of March 31, 2023, reflecting a reduction in borrowings during the year[79][82]. - Total finance costs decreased by 45.6% to approximately HK$1.9 million, primarily due to reduced interest payments on borrowings[77]. Operational Efficiency and Cost Management - The Group's effective cost control measures and customer loyalty helped mitigate the negative impacts of the pandemic and weak market sentiments[36]. - Administrative expenses rose by 4.11% to approximately HK$32.9 million, primarily due to R&D costs and recruitment for new health product business[70]. - Impairment loss on trade receivables and other receivables decreased significantly to approximately HK$6.8 million from HK$43.0 million in the previous year[71]. - Total staff costs, including key management remuneration, increased to approximately HK$9.5 million in 2024 from HK$6.9 million in 2023, reflecting an increase in employee headcount to 42[87][90]. - The Group is committed to enhancing operational efficiency through improvements in lighting and air conditioning systems[143]. Governance and Risk Management - The company has appointed several experienced directors to strengthen its governance and strategic direction, including Mr. Luo and Ms. Liu[121][125]. - The management acknowledges the operational dependency on third-party service providers and engages only reputed providers to mitigate risks[138]. - The company has identified various financial risks, which are disclosed in note 6 to the consolidated financial statements[136]. - The Group has been actively monitoring the performance of third-party service providers to mitigate operational risks[144]. - The company has faced principal risks and uncertainties, which are detailed in the "Management Discussion and Analysis" section of the report[135]. Environmental Responsibility - The company recognizes its responsibility to protect the environment and aims to promote efficient use of resources and adopt green technologies for emission reduction[137]. - The company is actively monitoring its environmental impact and seeks to minimize it through various initiatives[137]. - The company aims to identify energy efficiency opportunities by measuring and recording energy consumption intensity[137]. Shareholder Information - The Group did not recommend the payment of a dividend for the year ended March 31, 2024, consistent with the previous year[147][154]. - The Group has no distributable reserves as of March 31, 2024, as required by the Companies Act of Bermuda[161]. - The Group did not make any charitable donations for the year ended March 31, 2024[162]. - There were no purchases, redemptions, or sales of the Company's listed securities during the year[160]. - No substantial shareholders or other persons had interests or short positions in shares or underlying shares that required disclosure as of March 31, 2024[198]. - None of the Directors or substantial shareholders engaged in any business that competes with the Group during the year ended March 31, 2024[199]. - The Company has adopted a share option scheme as an incentive for Directors and eligible employees[186]. - The remuneration of Directors and senior management is determined with reference to market rates and individual contributions[185].
嘉鼎国际集团(08153) - 2024 - 年度业绩
2024-06-28 14:42
Financial Performance - Jiading International Group Holdings Limited announced its audited consolidated results for the year ending March 31, 2024[2]. - The Group recorded a revenue of approximately HK$112.7 million for the year ended 31 March 2024, representing an increase of 16.07% compared to approximately HK$97.1 million in the previous year[22]. - The Group reported a loss of approximately HK$16.1 million for the reporting period, a significant improvement from a loss of approximately HK$67.2 million in the last year[22]. - Revenue increased by 16.07% to approximately HK$15.6 million compared to HK$97.1 million in the previous year, with a loss attributable to owners of approximately HK$21.1 million, down from HK$67.2 million[72]. - Gross profit margin improved significantly to 21.74%, up from 13.9% in the previous year, primarily due to increased contributions from new business[73]. - The Group's revenue for the year ended 31 March 2024 was approximately HK$112.7 million, representing a 16.07% increase from HK$97.1 million in the previous year, primarily driven by the Advertising Services Segment in Hong Kong[40]. - The Group's revenue from the five largest customers accounted for 42.9% of total revenue for the year, with the largest customer contributing 14.3%[168]. Business Operations and Strategy - The report aims to provide relevant information regarding the company's operations and financial status[11]. - The Group is exploring innovative designs and technologies in the new energy battery segment to improve product quality and increase revenue in the coming year[27]. - The Group plans to monitor the advertising market closely and implement strategic cost controls while seeking new business opportunities[26]. - The Group aims to inject driving power for long-term growth by exploring new business areas in response to the improving domestic economy in the PRC[33]. - The Group's strategic plan includes a focus on technology development in graphene batteries, enhancing product design, safety, and recharging capabilities[54]. - The Group aims to integrate its new energy battery business with the new energy off-road vehicle business to reduce costs and enhance market competitiveness[53]. - The Group's investment in the health industry is expected to contribute positively to its long-term growth, capitalizing on the increased global focus on daily health care due to the COVID-19 pandemic[55]. Acquisitions and Investments - The Group acquired Weishi (Shenzhen) New Energy Technology Development Co., Ltd. on 26 June 2023, which specializes in new energy off-road vehicles, aiming to integrate this business with its new energy battery operations[28]. - The Group also acquired 51% of Zixing Health Technology (Shenzhen) Co. Ltd. on 30 August 2023, focusing on health care products utilizing advanced technologies[32]. - The acquisition of Zixing Health on August 30, 2023, is expected to contribute approximately HK$33.7 million in sales from health products, including small molecule peptide supplements[59]. - The acquisition of 51% equity interest in Zixing Health Technology for RMB5.1 million was completed on 30 August 2023, aimed at tapping into the growing healthcare products market in China[92]. Financial Health and Risks - Impairment losses on trade receivables decreased significantly to approximately HK$6.8 million from HK$43.0 million in the previous year, indicating improved financial health[75]. - The Group's administrative expenses increased by 4.11% to approximately HK$32.9 million, reflecting investments in expanding operations and recruiting additional personnel for new health product initiatives[74]. - Total finance costs decreased by 45.6% to approximately HK$1.9 million, down from HK$3.4 million, due to reduced interest payments on borrowings[81]. - Cash and cash equivalents decreased to approximately HK$6.7 million from HK$16.0 million, attributed to high demand for financial resources for operations and strategic investments[82]. - Outstanding borrowings decreased by 38.54% to approximately HK$16.1 million from HK$26.1 million, resulting in a gearing ratio of 10.1%, down from 20.1%[83]. - The Group's financial risks have been disclosed in note 6 to the consolidated financial statements[140][146]. Corporate Governance and Compliance - The board of directors collectively accepts full responsibility for the accuracy and completeness of the report[9]. - The company is required to comply with the GEM Listing Rules of the Stock Exchange of Hong Kong Limited[4]. - The company has adopted a share option scheme as an incentive for Directors and eligible employees[190]. - The emoluments of Directors and senior management are determined with reference to market rates and individual performance[189]. - The company has received annual confirmations of independence from all Independent Non-Executive Directors as of the report date[180]. - The Group has no unexpired service contracts for Directors that are not determinable within one year without compensation[182]. Market Outlook - The GDP of the PRC grew by 5.2% in 2023, indicating a positive business environment and better market opportunities in the second half of 2024[21]. - The demand for green technologies and products is expected to grow strongly due to rising energy prices and favorable green energy policies in the PRC[33]. - The Group anticipates improved prospects for the advertising business in 2024 due to better macroeconomic conditions and increased advertising budgets from clients[66]. - The Chinese economy is expected to perform better in 2024, supported by government policies promoting new energy industries and boosting domestic demand[62]. Shareholder Information - As of March 31, 2024, Mr. Mou Zhongwei holds 153,500,000 shares, representing approximately 8.36% of the total shareholding[197]. - The total number of issued shares as of March 31, 2024, is 1,834,136,305 shares[199]. - Ms. Wang Dongmei holds 9,926,000 shares, which is approximately 0.54% of the total shareholding[197]. - Mr. Li Guangying holds 6,000,000 shares, representing approximately 0.32% of the total shareholding[197]. Dividends and Reserves - The Group did not recommend the payment of a dividend for the year ended March 31, 2024, consistent with the previous year[151][158]. - The Group has no distributable reserves as of March 31, 2024, as required by the Companies Act of Bermuda[165].
嘉鼎国际集团(08153) - 2024 - 中期财报
2023-11-14 11:51
Financial Performance - For the six months ended September 30, 2023, the net cash used in operating activities was HK$25,755,000, compared to HK$14,745,000 for the same period in 2022, indicating an increase in cash outflow [40]. - The total comprehensive income for the period was HK$31,099,000, a significant increase from the previous period's loss of HK$8,215,000 [12]. - The company recorded a loss for the period of HK$6,737,000, which is a decrease from the loss of HK$7,050,000 in the previous period, indicating a slight improvement in performance [3]. - The company reported a loss before income tax of HK$6,863,000 for the six months ended September 30, 2023 [67]. - The Group recorded a loss of approximately HK$8.0 million for the Period, a slight increase from the loss of approximately HK$7.1 million in the Preceding Period, mainly due to a decrease in gross profit margin and an increase in administrative expenses [130]. - The Group's total comprehensive expenses for the Period were approximately HK$5.5 million, compared to approximately HK$11.8 million in the Preceding Period [144]. Cash and Liquidity - Cash and cash equivalents at the end of the reporting period were HK$25,290,000, up from HK$624,000 at the end of the previous period, reflecting a strong liquidity position [40]. - The Group's current ratio improved to approximately 2.8 as of September 30, 2023, up from approximately 2.5 as of 31 March 2023, indicating a stronger liquidity position [161]. - The Group raised approximately HK$29.8 million from placing activities, with net proceeds allocated for debt repayment, business expansion, and general working capital [167]. - As of September 30, 2023, the Group utilized approximately HK$12.4 million of the net proceeds, leaving a remaining balance of approximately HK$17.4 million [167]. Revenue and Sales - The Group's revenue from external customers for the six months ended 30 September 2023 was HK$35,369,000, a decrease from HK$39,000,000 in the same period of 2022, representing a decline of approximately 9.1% [55]. - Revenue for the Period was approximately HK$43.1 million, representing a slight increase of about 2.7% compared to approximately HK$42.0 million for the same period in 2022, driven by advertising services and sales of new energy products [129]. - The advertising services segment generated revenue of approximately HK$35.4 million, a decrease of about 15.7% from HK$42.0 million in the previous period due to weak market conditions [110]. - Revenue from sales of new energy batteries for the six months ended 30 September 2023 was HK$22,578,000, while advertising service income was HK$18,244,000 [57]. - The new energy battery segment secured contracts for high-power batteries to golf carts in the PRC, recording revenue of approximately HK$2.2 million during the period [113]. - Sales of new energy off-road vehicles generated revenue of approximately HK$2.3 million during the review period [115]. - Zixing Health recorded revenue of approximately HK$3.2 million, driven by increasing demand for health products in the market [120]. Financing Activities - The company reported a net cash generated from financing activities of HK$32,429,000, compared to HK$11,537,000 in the prior year, indicating improved financing capabilities [40]. - The issuance of share capital during the period generated proceeds of HK$29,874,000, contributing positively to the company's financial position [40]. - Outstanding borrowings decreased to approximately HK$20.2 million as of 30 September 2023, down from approximately HK$26.2 million as of 31 March 2023, reflecting a reduction of approximately HK$6.0 million [162]. - The Group's finance costs decreased by approximately 44.3% to approximately HK$1.0 million, down from approximately HK$1.8 million in the Preceding Period, due to a reduction in borrowings from approximately HK$19.3 million to approximately HK$10.7 million [139]. Strategic Focus and Growth Areas - The company is focused on expanding its sales in new energy batteries and off-road vehicles, which are key growth areas for future revenue [42]. - The Group's corporate mission for Weishi New Energy is to become the world's leading supplier of graphene battery fast charging solutions, aligning with its strategic plan to focus on new energy battery business [113]. - The global demand for new energy batteries is accelerating, with China accounting for over 50% of the global electric vehicle market, indicating strong growth opportunities for the Group [174][176]. - The Group plans to actively seek opportunities to integrate its new energy battery and off-road vehicle businesses to reduce costs and enhance competitiveness [152]. Corporate Governance and Compliance - The Group's directors confirm that the information contained in the report is accurate and complete in all material respects, ensuring transparency and accountability [123]. - The company has complied with all code provisions as set out in the Corporate Governance Code for the six months ended September 30, 2023 [198]. Shareholder Information - Basic loss per share attributable to owners of the Company for the six months ended September 30, 2023 was HK$8,215,000, compared to HK$6,737,000 for the same period in 2022 [95]. - The weighted average number of ordinary shares in issue during the six months ended September 30, 2023 was 1,561,864,000, compared to 1,018,971,000 for the same period in 2022 [95]. - Mr. Mou Zhongwei holds 153,500,000 shares, representing 8.36% of the total shares issued as of September 30, 2023 [192]. - The total number of issued shares as of September 30, 2023, is 1,834,136,305 [192]. - The company did not recommend an interim dividend for the six months ended September 30, 2023 [82].
嘉鼎国际集团(08153) - 2024 - 中期业绩
2023-11-14 11:50
香港交易及結算所有限公司及香港聯合交易所有限公司(「聯交所」)對本公告 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 本公告全部或任何部份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。 JIADING INTERNATIONAL GROUP HOLDINGS LIMITED 嘉 鼎 國 際 集 團 控 股 有 限 公 司 (於百慕達註冊成立之有限公司) 08153 (股份代號: ) 截 至 二 零 二 三 年 九 月 三 十 日 止 六 個 月 的 中 期 業 績 公 告 嘉 鼎 國 際 集 團 控 股 有 限 公 司(「本 公 司」,連 同 其 子 公 司 統 稱「本 集 團」)董 事 會 (「董事會」)謹此宣佈本集團截至二零二三年九月三十日止六個月的未經審核 中期業績。本公告已載列本公司二零二三年中期報告(「二零二三年中期報告」) 全文,並符合聯交所GEM證券上市規則(「GEM 上市規則」)之相關規定。 載有GEM上市規則規定的資料之二零二三年中期報告印刷本將於適當時候寄 發予本公司股東。 承董事會命 嘉鼎國際集團控股有限公司 主席 牟忠緯 香港,二零二三年十一月十四日 ...
嘉鼎国际集团(08153) - 2024 Q1 - 季度财报
2023-08-14 13:18
Financial Performance - For the three months ended June 30, 2023, the Group's revenue was approximately HK$19.3 million, a decrease of 0.7% compared to HK$19.4 million for the same period in 2022[11]. - The Group recorded a loss of approximately HK$4.5 million for the Period, compared to a loss of approximately HK$3.7 million for the preceding period[11]. - The Group recorded a loss of approximately HK$4.5 million and total comprehensive expenses of about HK$5.6 million for the period, compared to a loss of approximately HK$3.7 million and total comprehensive expenses of about HK$1.1 million in the same period last year, indicating an increase in loss primarily due to a decrease in gross profit margin from the advertising services business[27][28]. - For the three months ended June 30, 2023, total revenue was HK$19,250,000, a decrease of 0.65% from HK$19,376,000 in the same period of 2022[95]. - The company reported a loss of HK$4,825,000 for the period ended June 30, 2023, compared to a loss of HK$3,533,000 for the same period in 2022[90]. - For the three months ended June 30, 2023, the loss attributable to owners of the Company was HK$4,511,000, compared to a loss of HK$3,533,000 for the same period in 2022[106]. - Total comprehensive expense for the period attributable to owners of the company was HK$5,643,000, significantly higher than HK$1,065,000 in the previous year, indicating a substantial increase in overall expenses[80]. - Gross profit for the period was HK$1,575,000, down from HK$4,756,000 in the previous year, indicating a decline of approximately 66.8%[81]. Revenue Breakdown - Advertising service income decreased to HK$17,125,000 from HK$19,376,000, representing a decline of 11.6% year-over-year[95]. - The new energy battery segment recorded revenue of approximately HK$2.1 million during the Period from contracts for high-power batteries for golf carts in the PRC[19]. - Sales of new energy batteries generated HK$2,125,000 in revenue, with no sales reported in the same period of 2022[95]. - Other income for the period was HK$331,000, compared to HK$4,000 in the previous year, indicating a significant increase[96]. Expenses and Cost Management - The gross profit margin for the advertising services business decreased to approximately 8.2%, down from approximately 24.7% in the corresponding period last year[12]. - The Group's administrative expenses decreased by approximately 25.7% to approximately HK$5.8 million, compared to approximately HK$7.9 million for the same period last year[23]. - Staff salaries and emoluments decreased by approximately 54.4% to approximately HK$1.2 million, down from approximately HK$2.5 million in the same period last year[23]. - Employee benefit expenses decreased to HK$2,072,000 in Q2 2023 from HK$2,512,000 in Q2 2022, representing a reduction of approximately 17.5%[100]. - Finance costs increased by approximately 39.8% to approximately HK$471,000 for the Period, compared to approximately HK$337,000 for the corresponding period last year[25]. Strategic Actions and Investments - The Company completed the disposal of its new energy vehicle segment on July 7, 2023, for a consideration of HK$3,650,000[17]. - On July 7, 2023, the Group entered into a sale and purchase agreement to sell 100% equity interest in Glory Ray Global Limited for HK$3,650,000, allowing the Group to realign its business strategy towards new energy-related segments and focus on new battery technology[35][37]. - The Group acquired Hainan Weishi New Energy Technology Company Limited, focusing on super-fast charging batteries, on November 25, 2022[18]. - The Company acquired Jiading Global Limited on June 26, 2023, for a consideration of HK$1, with goodwill arising from the acquisition amounting to HK$1,115,000[113]. - The Group did not engage in any significant investments, acquisitions, or disposals of subsidiaries or associated companies during the period, except as disclosed in the financial statements[32]. Future Outlook - The Group anticipates improved prospects for the advertising business in 2023 due to a better macroeconomic environment and market conditions[36][38]. - The new energy battery sector is expected to grow significantly, with the Group aiming to seize market opportunities through acquisitions and collaborations, as well as further investments in research and development[36][40]. - The Group has continued to invest significantly in research and development to enhance product offerings and maintain a competitive edge in the market[40][41]. - The Group is well positioned to capitalize on the growing demand for new energy batteries, particularly in the PRC, supported by a strong brand reputation and experienced management team[41][43]. Corporate Governance and Compliance - The company has complied with all code provisions set out in the Corporate Governance Code for the three months ended June 30, 2023[63]. - The Audit Committee reviewed the unaudited first quarterly report and confirmed compliance with applicable accounting standards and GEM Listing Rules[73]. - The company has adopted a code of conduct regarding directors' securities transactions, which has been complied with by all directors for the three months ended June 30, 2023[68]. - There were no interests in any competing businesses held by directors or management shareholders during the review period[64]. - No directors or chief executives had any interests or short positions in the shares of the company as of June 30, 2023[50]. Shareholder Information - As of June 30, 2023, Mr. Mou Zhongwei holds 153,500,000 shares, representing 10.04% of the total shares[48]. - Ms. Liu Ching Man holds 2,340,000 shares, representing 0.15% of the total shares[48]. - Mr. Li Guangying holds 6,000,000 shares, representing 3.92% of the total shares[48]. - Ms. Wang Dongmei holds 9,926,000 shares, representing 0.64% of the total shares[48]. - Ms. Liu Ying holds 10,100,000 shares, representing 0.66% of the total shares[48]. - Mr. Mu Ruifeng holds 12,340,000 shares, representing 0.80% of the total shares[48]. - The total number of shares available for issue under the share option scheme as of June 30, 2023, is 152,845,630 shares[60]. - The weighted average number of ordinary shares in issue for the three months ended June 30, 2023, was 1,528,456,000, an increase from 1,018,971,000 in the same period of 2022[106]. Taxation and Dividends - The current tax expense for the three months ended June 30, 2023, was HK$121,000, compared to HK$234,000 in the same period of 2022, indicating a decrease of approximately 48.7%[103]. - The Company does not recommend the payment of a dividend for the three months ended June 30, 2023, consistent with the previous year[112].
嘉鼎国际集团(08153) - 2023 - 年度业绩
2023-07-03 04:01
香港交易及結算所有限公司及香港聯合交易所有限公司(「聯交所」)對本公告 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 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之任何損失承擔 任何責任。 JIADING INTERNATIONAL GROUP HOLDINGS LIMITED 嘉 鼎 國 際 集 團 控 股 有 限 公 司 (於百慕達註冊成立之有限公司) 08153 (股份代號: ) 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 嘉鼎國際集團控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本公 司及其附屬公司於截至二零二三年三月三十一日止年度的經審核綜合業績。 本公告載有本公司二零二三年年報全文,符合香港聯合交易所有限公司GEM GEM 證券上市規則(「 上市規則」)有關年度業績初步公告所附資料的相關規定。 承董事會命 嘉鼎國際集團控股有限公司 主席 牟忠緯 香港,二零二三年六月三十日 於本公告日期,執行董事為牟忠緯先生、廖靜雯女士、李光營先生及蔡穎女士; 非執行董事為王棟梅女士及劉英女士;及獨立非執行董事為羅輯 ...
嘉鼎国际集团(08153) - 2023 - 年度财报
2023-07-02 10:22
Equity Sale and Financial Obligations - The company has agreed to sell 51% of Beijing Chuangyi's equity for a symbolic price of RMB 1.00 due to unsatisfactory performance, failing to meet the revenue guarantee of at least RMB 30.0 million by December 31, 2022[1]. - The company will terminate its responsibility to pay approximately RMB 11.85 million for the unpaid purchase price related to the acquisition agreement[1]. - Following the completion of the sale agreement on March 22, 2023, the company no longer holds any interest in Beijing Chuangyi[1]. - The Group disposed of its 51% equity interest in Beijing Creative Communication International Cultural Media Co., Ltd. on 22 March 2023[74]. Financial Performance and Revenue - For the year ended 31 March 2023, sales to the Group's five largest customers accounted for 45.8% of total revenue, with the largest customer contributing 10.8%[66]. - The new energy battery segment recorded revenue of approximately HK$12.1 million from contracts for high-power batteries supplied to golf carts in the PRC[47]. - The Group's two largest suppliers accounted for 100% of total purchases for the year[66]. - The company’s five largest customers accounted for 45.8% of total revenue for the year, with the largest customer contributing 10.8%[172]. Debt and Capital Management - Total allocation for repayment of debts is HK$ 5,800,000, and for general working capital is HK$ 20,200,000, totaling HK$ 26,000,000 as of March 31, 2023[4]. - The company successfully placed 169,828,478 new shares at a price of HKD 0.16 per share, raising approximately HKD 26.0 million for debt repayment and general working capital[76]. - The net proceeds from the share placement will be utilized for debt repayment and general operational funding, enhancing financial stability[76]. Share Option Scheme - The new share option scheme was adopted on April 6, 2023, allowing the issuance of up to 10% of the total shares in issue, which amounts to 152,845,630 shares[114]. - The maximum entitlement for each participant under the new scheme is capped at 1% of the total issued shares within a 12-month period[115]. - The vesting period for options granted under the new scheme ranges from 12 to 36 months, with a minimum holding period of 12 months before exercise[121]. - The maximum number of shares that may be issued under the new share option scheme is capped at 10% of the issued shares as of the adoption date, totaling 152,845,630 shares[139]. - The exercise price for options granted under the new scheme will be determined by the Board and must be at least the higher of the closing price on the offer date or the average closing price over the preceding five business days[144]. - The amount payable by the grantee upon acceptance of the option offer is HK$1.00[146]. - The share option scheme aims to reward eligible participants for their contributions to the company's growth[168]. Corporate Governance and Compliance - The board consists of ten directors, including four executive directors, two non-executive directors, and four independent non-executive directors as of March 31, 2023[192]. - The company has received annual confirmations of independence from each independent non-executive director, considering them independent under Rule 5.09 of the GEM Listing Rules[196]. - The company has complied with the GEM Listing Rules regarding the appointment of at least three independent non-executive directors throughout the year[200]. - The company has maintained good corporate governance practices based on the principles set out in the Corporate Governance Code[188]. - The board is responsible for promoting the success of the company and overseeing its business and affairs[198]. Risks and External Factors - The company has faced various financial risks, which are disclosed in note 6 of the consolidated financial statements[27]. - The Group's operations are influenced by external factors such as inflation, rising interest rates, and geopolitical tensions, but the Chinese economy showed resilience with a GDP growth of 3.0% in 2022[72]. Charitable Contributions and Dividends - The Group had no charitable donations for the year ended 31 March 2023[36]. - The Group did not recommend any dividend for the year ended 31 March 2023, consistent with the previous year[63]. - The company did not make any charitable donations during the year ended March 31, 2023[171]. Director Interests and Transactions - As of March 31, 2023, no Directors or chief executives had any interests or short positions in shares or debentures that required disclosure under the SFO[133]. - No substantial shareholders or other persons had interests or short positions in shares that required disclosure under the SFO as of March 31, 2023[134]. - None of the Directors, controlling shareholders, or substantial shareholders engaged in any business that competes with the Group during the year ended March 31, 2023[135]. - No material interests were disclosed by Directors in any significant transactions or contracts related to the Group's business during the year[152]. Auditor and Insurance - The company appointed Mazars CPA Limited as the auditor on May 10, 2022, following the resignation of Elite Partners CPA Limited[185]. - The company has arranged for appropriate Directors and Officers liability insurance coverage to indemnify the Directors and Officers for their liabilities[197]. Miscellaneous - The company has no distributable reserve as of March 31, 2023, as required by the Companies Act of Bermuda[65]. - The company has no reserves available for distribution as of March 31, 2023, according to Bermuda company law[170]. - The company maintained the prescribed public float under the GEM Listing Rules as of the latest practicable date prior to the report issuance[184]. - There were no material events occurring after the reporting period up to the date of the annual report[184]. - No purchases, redemptions, or sales of the company's listed securities occurred during the year ended March 31, 2023[167]. - The options granted to the grantees will vest on February 16, 2024, with no performance targets or clawback mechanisms attached[179]. - The company continues to innovate and improve products by leveraging partnerships for new technologies and expertise[101]. - The company is focused on improving product quality and customer satisfaction, establishing strategic partnerships to expand market coverage and access new technologies[101]. - The company aims to motivate participants to optimize performance and maintain long-term relationships aligned with business objectives through the new share option scheme[111].
嘉鼎国际集团(08153) - 2023 - 年度业绩
2023-07-02 10:13
香港交易及結算所有限公司及香港聯合交易所有限公司(「聯交所」)對本公告 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 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之任何損失承擔 任何責任。 JIADING INTERNATIONAL GROUP HOLDINGS LIMITED 嘉 鼎 國 際 集 團 控 股 有 限 公 司 (於百慕達註冊成立之有限公司) 08153 (股份代號: ) 截 至 二 零 二 三 年 三 月 三 十 一 日 止 年 度 之 全 年 業 績 公 告 嘉鼎國際集團控股有限公司(「本公司」)董事(「董事」)會(「董事會」)欣然宣佈本公 司及其附屬公司於截至二零二三年三月三十一日止年度的經審核綜合業績。 本公告載有本公司二零二三年年報全文,符合香港聯合交易所有限公司GEM GEM 證券上市規則(「 上市規則」)有關年度業績初步公告所附資料的相關規定。 承董事會命 嘉鼎國際集團控股有限公司 主席 牟忠緯 香港,二零二三年六月三十日 於本公告日期,執行董事為牟忠緯先生、廖靜雯女士、李光營先生及蔡穎女士; 非執行董事為王棟梅女士及劉英女士;及獨立非執行董事為羅輯 ...