Financial Performance - The company reported a significant increase in revenue, achieving a total of HKD 500 million for the fiscal year 2022, representing a 20% growth compared to the previous year[1]. - For the year ended December 31, 2022, the revenue from the particleboard segment decreased from approximately HKD 404.3 million to approximately HKD 402.25 million, a decline of about 0.5%[89]. - The forestry segment did not generate any revenue during the year ended December 31, 2022, resulting in no income recognition for that segment[89]. - The gross profit for the year ended December 31, 2022, increased from approximately HKD 76.2 million to approximately HKD 76.31 million, an increase of about 0.1%[91]. - The gross profit margin improved from approximately 18.8% for the year ended December 31, 2021, to approximately 19% for the year ended December 31, 2022[91]. - Other income decreased from approximately HKD 14.8 million to approximately HKD 7.09 million, a decline of about 52.1%[92]. - The company recorded a profit attributable to owners of approximately HKD 8,350,000, a significant increase from a loss of approximately HKD 34,800,000 in the previous year[99]. - The total comprehensive loss attributable to owners was approximately HKD 24,510,000, slightly higher than the previous year's loss of approximately HKD 24,200,000[100]. Market Outlook and Strategy - The company provided a positive outlook for 2023, projecting a revenue growth of 25% driven by new product launches and market expansion efforts[1]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share within the next two years[1]. - The macroeconomic outlook for 2023 remains challenging, with expectations of slow economic growth in major developed economies and a weak financing environment in China[129]. - The company is exploring new business strategies to better utilize forestry resources in response to reduced timber harvesting quotas and government policies promoting ecological sustainability[130]. Product Development and Innovation - Investment in research and development increased by 30%, totaling HKD 50 million, focusing on innovative technologies and product enhancements[1]. - The company aims to launch three new products in 2023, which are anticipated to contribute an additional HKD 100 million in revenue[1]. - The newly constructed bamboo particleboard production line has commenced operations, contributing to production capacity[30]. - The company invested in the construction of a bamboo particleboard production line, which is expected to gradually release production capacity in 2023[86]. Cost Management and Efficiency - Operating expenses were controlled, showing a decrease of 5% year-over-year, allowing for reinvestment into growth initiatives[1]. - The cost of sales for the year ended December 31, 2022, decreased from approximately HKD 328.1 million to approximately HKD 325.94 million, a reduction of about 0.7%[90]. - Sales and distribution expenses decreased by approximately 12.8% to about HKD 28,810,000 from approximately HKD 33,000,000 in the previous year[96]. - Administrative expenses reduced by approximately 11.4% to about HKD 26,550,000 from approximately HKD 30,000,000 in the previous year[97]. - Financial costs decreased by approximately 17.1% to about HKD 24,200,000 from approximately HKD 29,200,000 in the previous year[98]. Sustainability and Social Responsibility - The company emphasized its commitment to sustainability, with plans to reduce carbon emissions by 20% over the next five years[1]. - The company is committed to supporting China's carbon neutrality goals by improving its environmental management systems[87]. - The company is committed to promoting sustainable development and social responsibility to create long-term value for stakeholders[31]. - The company complies with environmental regulations and has received certifications for its formaldehyde-free particle boards[176]. Governance and Board Structure - The board of directors is responsible for leading and controlling the group, focusing on overall strategy, development plans, and financial performance monitoring[51]. - The audit committee held four regular meetings during the year ended December 31, 2022, reviewing financial performance for various periods and assessing the independence of the auditor[56]. - The remuneration committee held three meetings during the year ended December 31, 2022, to review compensation policies for directors and senior management[57]. - The nomination committee is responsible for reviewing the appointment or re-election of directors, ensuring a majority of independent non-executive directors[58]. - The company has adopted a board diversity policy since March 2014, considering various factors such as gender, age, and professional experience in board appointments[48]. Employee and Management Information - The company employed a total of 221 employees as of December 31, 2022, up from 177 employees in 2021[124]. - Employee compensation for the year ended December 31, 2022, was approximately HKD 10,940,000, compared to HKD 15,780,000 for the previous year[124]. - The company has established a remuneration committee to review the remuneration policy and structure for all directors and senior management based on operational performance and market practices[161]. Financial Position and Assets - As of December 31, 2022, the current liabilities net amount was approximately HKD 19,909,000, compared to HKD 71,800,000 as of December 31, 2021[114]. - The debt-to-equity ratio decreased to 0.8 times as of December 31, 2022, from 1.34 times in 2021, due to the acquisition of long-term loans to replace short-term bank borrowings[115]. - The carrying amount of trade receivables was approximately HKD 58,773,000, net of impairment provision of approximately HKD 2,543,000[193]. - The impairment assessment of trade receivables is based on expected credit loss model, which considers historical default rates and forward-looking information[193]. Audit and Compliance - The independent auditor confirmed that the financial statements fairly reflect the group's financial position as of December 31, 2022[183]. - The board of directors has confirmed compliance with relevant laws and regulations affecting the business[180]. - The audit focused on the significant judgments and assumptions involved in the valuation of biological assets and impairment assessments[188].

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布的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示概不就因本公布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。 HONG WEI (ASIA) HOLDINGS COMPANY LIMITED 鴻偉（亞洲）控股有限公司 （於香港註冊成立之有限公司） （股份代號：8191） 截至二零二二年十二月三十一日止年度的 全年業績公佈 鴻偉（亞洲）控股有限公司（「本公司」）之董事（「董事」）會（「董事會」）欣然宣布本公司及其 附屬公司截至二零二二年十二月三十一日止（「該時段」）之經審核全年業績。 本公佈列載本公司該時段之財務摘要及財務報告（「報告」）全文，符合香港聯合交易所有 限公司GEM證券上市規則（「GEM上市規則」）中有關該時段初步業績公佈附載之資料之 要求。 鴻偉（亞洲）控股有限公司 主席兼執行董事 黃長樂 香港，二零二四年三月二十八日 於本公佈日期，執行董事為黃長樂先生、劉加勇先生、黃建澄先生及朱顯明先生；及獨 立非執行董事為錢小瑜女士、張偉賢先生及郭恩生先生。 - 1 - 本公佈乃遵照香港聯合交易所有限公司GEM證 ...