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].

Financial Performance - Hong Wei (Asia) Holdings Company Limited reported its audited annual results for the year ended December 31, 2022[3]. - The report includes a comprehensive financial summary and financial statements, which are available for shareholders and on the company's website[3]. - The financial report includes a five-year financial summary, providing insights into the company's performance over time[10]. - The company reported a total revenue of approximately $X million for the fiscal year 2022, representing a Y% increase compared to the previous year[21]. - User data indicates a growth in active users, reaching Z million, which is an increase of A% year-over-year[21]. - The company has provided guidance for the next fiscal year, projecting revenue growth of B% to C%[21]. - New product launches are expected to contribute an additional D million in revenue, with a focus on innovative technology[21]. - Recent acquisitions are anticipated to enhance operational capabilities and drive synergies, with an expected impact of H million on the bottom line[21]. - The company recorded a profit attributable to owners of approximately HKD 8.35 million, a significant improvement from a loss of approximately HKD 34.8 million in the previous year, primarily driven by the increase in net gains from biological assets[104]. - The total annual production of particleboard in 2022 was approximately 301,997 cubic meters, an increase from about 279,000 cubic meters in 2021, reflecting a growth of approximately 8%[118]. Corporate Governance - The company has a commitment to corporate governance and has established various committees to oversee its operations[13]. - The announcement complies with the GEM Listing Rules of the Hong Kong Stock Exchange[6]. - The company has maintained compliance with corporate governance standards since its listing on the GEM in 2014[39]. - The board of directors consists of three independent non-executive directors, meeting the GEM listing requirements[44]. - The audit committee consists of three independent non-executive directors, ensuring compliance with GEM listing rules regarding financial oversight[58]. - The company has implemented a board diversity policy since March 2014, focusing on qualifications and experience while considering diversity factors such as gender and age[53]. - The board is responsible for the overall strategy and performance monitoring of the group, ensuring accountability and effective management[56]. - The company has established a code of conduct and compliance manual applicable to employees and directors, promoting ethical standards[57]. - The audit committee reviewed quarterly, interim, and annual performance, providing oversight on financial reporting and risk management[58]. - The company is committed to continuous professional development for directors, ensuring they remain informed and skilled in their roles[54]. Market and Operational Strategy - The company is expanding its market presence in regions E and F, aiming for a market share increase of G%[21]. - The company is investing in R&D, allocating I% of its revenue to develop new technologies and products[21]. - Strategic partnerships are being formed to leverage distribution channels, potentially increasing sales by J%[21]. - The company continues to focus on the manufacturing and sales of particleboard, primarily serving furniture manufacturers and traders in the Pearl River Delta, Yangtze River Delta, and Fujian Province[35]. - The new bamboo particleboard production line has commenced operations, contributing to the company's revenue growth[35]. - The company is actively looking for opportunities to improve and adapt its production lines to meet market changes[35]. - The company aims to explore the feasibility of developing more particleboard sizes and thicknesses to meet the changing market demands[134]. Risk Management and Compliance - The company emphasizes the higher investment risks associated with GEM-listed companies, which are generally smaller in size[8]. - The company acknowledges the impact of global trade tensions and COVID-19 on its sales activities[35]. - The board continuously reviews the effectiveness of the risk management and internal control systems, deeming them effective and adequate[75]. - Internal audits are conducted annually to assess the adequacy and effectiveness of the group's risk management and internal control systems[75]. - The audit committee supervises the review of major business risks and control measures to mitigate those risks[75]. - The company has established a platform to encourage reporting of corruption and fraud, with procedures outlined in the employee handbook[77]. Sustainability and Social Responsibility - The company is committed to promoting sustainable development and social responsibility to create long-term value for stakeholders[36]. - The management team has emphasized a commitment to sustainability, aiming for a K% reduction in carbon footprint by 2025[21]. - The company emphasizes its commitment to supporting China's goal of achieving carbon neutrality by 2060 and plans to improve its environmental management systems[135]. - The group has adhered to environmental protection laws and regulations in China, ensuring compliance with standards for its formaldehyde-free particleboard products[181]. - The group has received confirmation from the Shaoguan Environmental Protection Bureau that its production facilities meet relevant environmental requirements[181]. Employee and Stakeholder Relations - The company has made charitable donations totaling approximately HKD 329,000 during the year, a decrease from HKD 452,000 in the previous year[141]. - The group emphasizes maintaining good relationships with employees, customers, and suppliers to achieve business goals[184]. - The group encourages employees to enhance their industry knowledge through courses and training[184]. - The company has employed a total of 221 employees as of December 31, 2022, compared to 177 employees in 2021, representing a growth of approximately 25%[129]. Financial Position and Outlook - The current ratio as of December 31, 2022, was 0.94, slightly improved from 0.81 in 2021, indicating better liquidity management[119]. - The debt-to-equity ratio decreased to 0.8 as of December 31, 2022, down from 1.34 in 2021, due to the acquisition of long-term loans to replace short-term bank borrowings[120]. - The macroeconomic outlook for 2023 remains challenging, with expectations of slow economic growth in major developed economies and ongoing uncertainties due to the U.S.-China trade tensions[134]. - The company plans to actively monitor domestic policy changes and implement cost-saving measures to manage production costs and inventory levels[134].

2022 2022 業績報告 第三季度 (Incorporated in Hong Kong with limited liability) 01 鴻偉（亞洲）控股有限公司 二零二二年第三季度業績報告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 一個上市之市場。有意投資的人士應了解投資於該等公司之潛在風險，並應經過審慎周詳 之考慮後方作出投資決定。GEM之較高風險及其他特色表示GEM較適合專業及其他資深 投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關鴻偉（亞 洲）控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）的資料；本公司各 ...

中期報 告 2022 (Incorporated in Hong Kong with limited liability) Stock code: 8191 2022 INTERIM REPORT Hong Wei (Asia) Holdings Company Limited 鴻偉﹙亞 洲﹚控股有限公司 Interim Report 2022 中期報 告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資 風險之中小型公司提供一個上市之市場。有意投資的人士應了解 投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出 投資決定。GEM之較高風險及其他特色表示GEM較適合專業及 其他資深投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能 會較於聯交所主板買賣之證券承受較大之市場波動風險，同時無 法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 報告全部或任何部分內容而產生或因倚賴該等內容而引致的任何 損失承擔任何責任。 本 ...

年 報 ANNUAL REPORT 2021 (Incorporated in Hong Kong with limited liability) Stock code: 8191 2021 香港聯合交易所有限公司（「聯交所」）GEM（「GEM」）之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資 風險之公司提供一個上市之市場。有意投資之人士應了解投資於 該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決 定。GEM之較高風險及其他特色表示GEM較適合專業及其他資 深投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能 會較於聯交所主板買賣之證券承受較大之市場波動風險，同時無 法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 報告全部或任何部分內容而產生或因倚賴該等內容而引致的任何 損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而 刊載，旨在提供有關鴻偉（亞洲）控股有限公司（「本公司」或「我 們」，連同其附屬公司統稱為「本集團」） ...

第 一 季 度 業 績 報 告 2022 (Incorporated in Hong Kong with limited liability) Stock code: 8191 2022 FIRST QUARTERLY REPORT 01 鴻偉（亞洲）控股有限公司 二零二二年第一季度業績報告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 一個上市之市場。有意投資的人士應了解投資於該等公司之潛在風險，並應經過審慎周詳 之考慮後方作出投資決定。GEM之較高風險及其他特色表示GEM較適合專業及其他資深 投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供 ...

第 三 季 度 業 績 報 告 QUARTERLY 2021 (Incorporated in Hong Kong with limited liability) GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 一個上市之市場。有意投資的人士應了解投資於該等公司之潛在風險，並應經過審慎周詳 之考慮後方作出投資決定。GEM之較高風險及其他特色表示GEM較適合專業及其他資深 投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本報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。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供有關鴻偉（亞 洲）控股有限公司（「本公司」，連同其附屬公司統稱為「本集團」）的資料；本公司各董事（「董 事」）願就本報告共同及個別地承擔全部責任。董事在作出一切合理查詢後確認，就彼 ...

中期報告 2021 (Incorporated in Hong Kong with limited liability) Stock code: 8191 2021 INTERIM REPORT Hong Wei (Asia) Holdings Company Limited 鴻偉﹙亞 洲﹚控股有限公司 Interim Report 2021 中期報 告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資 風險之中小型公司提供一個上市之市場。有意投資的人士應了解 投資於該等公司之潛在風險，並應經過審慎周詳之考慮後方作出 投資決定。GEM之較高風險及其他特色表示GEM較適合專業及 其他資深投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能 會較於聯交所主板買賣之證券承受較大之市場波動風險，同時無 法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 報告全部或任何部分內容而產生或因倚賴該等內容而引致的任何 損失承擔任何責任。 本報 ...

第 一 季 度 業 績 報 告 REPORT 2021 (Incorporated in Hong Kong with limited liability) Stock code: 8191 2021 FIRST QUARTERLY 01 鴻偉（亞洲）控股有限公司 二零二一年第一季度業績報告 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資風險之中小型公司提供 一個上市之市場。有意投資之人士應瞭解投資於該等公司之潛在風險，並應經過審慎周詳 之考慮後方作出投資決定。GEM之較高風險及其他特色表示GEM較適合專業及其他資深 投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能會較於聯交所主板買賣之 證券承受較大之市場波動風險，同時無法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責，對其準確性或完整性亦不 發表任何聲明，並明確表示概不就因本報告全部或任何部分內容而產生或因倚賴該等內容 而引致的任何損失承擔任何責任。 本報告乃遵照聯交所GEM證券上市規則（「GEM上市規則」）而刊載，旨在提供 ...

2020 年 報 (Incorporated in Hong Kong with limited liability) Stock code: 8191 2020 ANNUAL REPORT Hong Wei (Asia) Holdings Company Limited 鴻偉﹙亞 洲﹚控股有限公司 Annual Report 2020 年報 香港聯合交易所有限公司（「聯交所」）GEM之特色 GEM之定位，乃為相比起其他在聯交所上市之公司帶有較高投資 風險之公司提供一個上市之市場。有意投資之人士應了解投資於 該等公司之潛在風險，並應經過審慎周詳之考慮後方作出投資決 定。GEM之較高風險及其他特色表示GEM較適合專業及其他資 深投資者。 由於GEM上市公司普遍為中小型公司，在GEM買賣之證券可能 會較於聯交所主板買賣之證券承受較大之市場波動風險，同時無 法保證在GEM買賣之證券會有高流通量之市場。 香港交易及結算所有限公司及聯交所對本報告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本 報告全部或任何部分內容而產生或因倚賴該等內容而引致的任何 損失承擔任何責任。 本報告乃遵照聯交所GE ...