Financial Performance - For the nine months ended September 30, 2023, the company reported a revenue of 130,811 thousand RMB, representing a decrease of 5.5% compared to 138,362 thousand RMB for the same period in 2022[6]. - The gross profit margin for the nine months ended September 30, 2023, was 49.3%, an increase from 39.8% in the same period of 2022[7]. - The net loss for the nine months ended September 30, 2023, was 14,529 thousand RMB, compared to a net loss of 16,291 thousand RMB for the same period in 2022, indicating a reduction in losses[7]. - The company experienced a significant increase in operating profit margin, which improved to 12.0% for the nine months ended September 30, 2023, from 10.1% in the same period of 2022[7]. - Revenue for the three months ended September 30, 2023, was RMB 3,435,000, a decrease of 31.6% compared to RMB 5,024,000 for the same period in 2022[10]. - Gross loss for the three months ended September 30, 2023, was RMB 1,692,000, compared to a gross loss of RMB 2,000,000 for the same period in 2022[10]. - Operating loss for the three months ended September 30, 2023, was RMB 16,026,000, compared to an operating loss of RMB 14,119,000 for the same period in 2022[10]. - Total comprehensive loss for the three months ended September 30, 2023, was RMB 16,151,000, compared to a total comprehensive loss of RMB 14,188,000 for the same period in 2022[10]. - The company reported a basic and diluted loss per share of RMB 0.004 for the three months ended September 30, 2023, consistent with the loss per share of RMB 0.004 for the same period in 2022[10]. - The company’s total comprehensive income for the nine months ended September 30, 2023, was RMB 25,098,000, compared to a total comprehensive loss of RMB 41,338,000 for the same period in 2022[10]. - The company recorded a net profit after tax of approximately RMB 25,100,000, compared to a net loss of approximately RMB 41,300,000 in the corresponding period, mainly due to the recovery of long-term overdue trade receivables[44]. - The company recorded a profit attributable to owners of approximately RMB 19,700,000, compared to a loss of RMB 38,800,000 in the corresponding period[53]. Strategic Initiatives - The company plans to expand its market presence and is focusing on new product development to drive future growth[8]. - The company is actively exploring potential mergers and acquisitions to enhance its market position and operational capabilities[8]. - The company aims to leverage new technologies in its operations to improve efficiency and reduce costs in the upcoming quarters[8]. - The company anticipates a gradual recovery in market demand, projecting a potential revenue growth of 10% in the next fiscal year[8]. - The company has established strategic partnerships to enhance its distribution network and improve customer reach[8]. - The company continues to explore new business opportunities with strategic partners, including a collaboration with a Fortune Global 500 company[45]. - The company is focusing on expanding its energy business and exploring opportunities in overseas markets through joint ventures and acquisitions[60]. Expenses and Costs - The company’s administrative expenses for the three months ended September 30, 2023, were RMB 7,361,000, compared to RMB 6,059,000 for the same period in 2022[10]. - The company’s financial costs for the three months ended September 30, 2023, were RMB 125,000, an increase from RMB 52,000 for the same period in 2022[10]. - Administrative expenses increased by 20.6% from approximately RMB 16,500,000 to about RMB 19,900,000, primarily due to increased travel expenses[54]. - Sales costs for the energy business were approximately RMB 135,900,000, an increase from RMB 125,200,000 in the corresponding period, primarily due to rising costs of LNG supply[48]. Shareholder Information - The company did not recommend any dividend payments for the nine months ended September 30, 2023, and September 30, 2022[38]. - The company has no plans to declare any dividends for the two periods[66]. - The company has a significant number of shares held by its directors, with Mr. Hu holding interests in 448,000,000 shares through subsidiaries[76]. - As of September 30, 2023, major shareholders include Depot Up Limited with 640,000,000 shares, representing 17.45% of the issued share capital[87]. - The board communicates with shareholders through annual general meetings and special meetings, in compliance with GEM listing rules[94]. Stock Options and Plans - The old stock option plan was effective for 10 years starting from December 12, 2011, with a total of 343,536,000 options granted in 2017 at an exercise price of HKD 0.289[71]. - As of September 30, 2023, there are 212,480,000 unexercised stock options under the old plan, representing 5.8% of the company's issued shares[71]. - A new stock option plan was approved on September 14, 2023, also effective for 10 years[72]. - The maximum number of shares that may be issued under the new stock option plan is capped at 10% of the issued share capital as of the adoption date[74]. - The new stock option plan allows for options to be granted to directors, employees, and service providers at a price equal to the closing price on the date of grant or the average closing price of the preceding five trading days[72]. - The total number of shares that may be issued under all stock option plans combined is limited to 10% of the issued shares as of the date of the last shareholder approval[74]. - The total number of options granted to directors as of January 1, 2023, is 92,832,000, with all options remaining unexercised as of September 30, 2023[75]. - The total number of options granted to employees is 22,776,000, with all options remaining unexercised as of September 30, 2023[75]. - The total number of options granted to consultants is 29,880,000, with all options remaining unexercised as of September 30, 2023[75]. - The company has not granted any new options under the new share option scheme as of the report date[80]. Compliance and Governance - The company has not identified any competing businesses or conflicts of interest among its directors and their associates[78]. - The company has adhered to the corporate governance code as per GEM Listing Rules Appendix 15 throughout the reporting period[96]. - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited financial statements for the third quarter of 2023[97]. - The Audit Committee confirmed that the financial statements were prepared in accordance with applicable accounting standards and provided sufficient disclosures[97].

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。 Zhonghua Gas Holdings Limited (中華燃氣控股有限公司) （於開曼群島註冊成立之有限公司） （股份代號：8246） 截至二零二三年九月三十日止九個月之 第三季度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士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上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券 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。 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關中華燃氣 控股有限公司（「本公司」）的資料。本公司之董事（「董事」）願共同及個別就本公佈負全 責，並在作出一切合理查詢後確認，就彼等所深知及確信 ...

Financial Performance - Total revenue for the six months ended June 30, 2022, was RMB 113,536,000, with a cost of sales of RMB 118,129,000, resulting in a loss of RMB 4,593,000[2] - The group reported a total loss of RMB 27,150,000 for the period[2] - Revenue for the six months ended June 30, 2023, was RMB 127,376 thousand, representing an increase of 11.9% compared to RMB 113,780 thousand for the same period in 2022[47] - The total comprehensive income for the period was RMB 41,249 thousand, a significant increase of 251.9% from a loss of RMB 27,150 thousand in the previous year[47] - The net profit attributable to the owners of the company was RMB 34,648 thousand, compared to a loss of RMB 25,579 thousand in the same period last year, marking a 235.5% improvement[47] - The gross loss margin improved to (2.7%) from (3.8%) year-on-year, indicating better cost management[65] - The net profit margin for the period was 32.4%, a significant recovery from (23.9%) in the previous year[65] - Earnings per share for the period was RMB 0.009, compared to a loss per share of RMB (0.007) in the previous year, representing a turnaround of 228.6%[47] - The company recorded a profit attributable to owners of RMB 34,648,000 for the six months ended June 30, 2023, compared to a loss of RMB 25,579,000 in the same period of 2022[72] - The company reported a decrease in administrative expenses to RMB 12,508 thousand for the six months ended June 30, 2023, compared to RMB 10,419 thousand in the same period of 2022[72] Revenue and Business Segments - The group provides diversified integrated energy services, including heating and coal-to-gas solutions, LNG supply, and property leasing in Shanghai, China[28] - Revenue from energy business for the six months ended June 30, 2023, was RMB 127,290 thousand, an increase from RMB 113,290 thousand in the same period of 2022[106] - The energy business accounted for over 99% of the total revenue, primarily from LNG supply and management of LNG supply stations[171] Assets and Liabilities - The total assets as of June 30, 2023, amounted to RMB 395,267 thousand, up from RMB 346,729 thousand at the end of 2022[60] - Trade and other receivables were approximately RMB 233,500,000, a decrease of 9.2% from approximately RMB 257,000,000 as of December 31, 2022, mainly due to the reversal of impairment provisions and the collection of trade receivables[1] - Trade and other payables amounted to RMB 113,816,000 as of June 30, 2023, slightly down from RMB 114,403,000 as of December 31, 2022[135] - The company's asset-liability ratio as of June 30, 2023, was 51.0%, down from 59.5% as of December 31, 2022[1] - The net asset value of the company as of June 30, 2023, was approximately RMB 184,200,000, an increase from approximately RMB 143,000,000 as of December 31, 2022, mainly due to the net profit recorded during the period[1] Cash Flow and Financial Position - Net cash generated from operating activities for the six months ended June 30, 2023, was RMB 74,529 thousand, compared to a net cash used of RMB 4,477 thousand in the same period of 2022[76] - Cash and cash equivalents increased to RMB 116,990 thousand as of June 30, 2023, up 118.5% from RMB 53,429 thousand as of June 30, 2022[76] - The company had no significant contingent liabilities as of June 30, 2023, aside from disclosed claims totaling approximately RMB 6,972,000[171] Debt and Financing - The group’s bank borrowings as of June 30, 2023, were subject to a 5% annual interest rate and are due within one year[17] - The convertible bonds issued amounted to HKD 97,800,000 with an annual interest rate of 8%[18] - The fair value loss of convertible bonds for the six months ended June 30, 2023, was RMB (1,685) thousand, compared to RMB (5,243) thousand for the same period in 2022[101] - As of June 30, 2023, no convertible bonds had been converted into new shares[195] Government Support and Market Outlook - The company recognized government subsidies totaling RMB 28,000 thousand for employment support and RMB 228,000 thousand under the employment protection scheme during the reporting period[107] - The government emphasizes the need for green transformation and aims to increase the share of natural gas and LNG in China's energy structure from 7% to 12% or more by 2040[154] - The company anticipates significant growth potential in the domestic green energy sector, aligning with national policies to replace oil and coal with natural gas[158] - The company expects China's actual GDP growth to rise from 3% in 2022 to 4.5% in 2023, with substantial increases in renewable energy production[158] Management and Corporate Governance - The management's compensation for the period was RMB 1,910,000, compared to RMB 1,537,000 in the previous period[169] - The company did not declare any dividends for the period, maintaining a focus on reinvestment[47] - The company plans to expand its business through the establishment of new joint ventures and acquisitions to ensure stable LNG supply and management services[1] - The company is focusing on the recovery and development of its energy business, particularly in the northern regions of China, to provide safer, greener, and more efficient natural gas energy to end customers[1]

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份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Zhonghua Gas Holdings Limited (中華燃氣控股有限公司) （於開曼群島註冊成立之有限公司） （股份代號：8246） 截至二零二三年六月三十日止六個月之 中期業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。有意投資的人士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上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券 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。 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關中華燃氣 控股有限公司（「本公司」）的資料。本公司之董事（「董事」）願共同及個別就本公佈負全 責，並在作出一切合理查詢後確認，就彼等所深知及確信，本 ...

Financial Performance - Revenue for the first quarter of 2023 was RMB 122,965,000, representing a 13.1% increase from RMB 108,761,000 in the same period of 2022[11] - Gross loss for the first quarter of 2023 was RMB 1,706,000, a 27.1% improvement compared to a gross loss of RMB 2,340,000 in the first quarter of 2022[11] - Total comprehensive loss for the period was RMB 16,176,000, which is a 27.9% increase from RMB 12,647,000 in the corresponding period of 2022[11] - Loss attributable to owners of the company was RMB 14,028,000, up 22.0% from RMB 11,502,000 in the same quarter of the previous year[11] - The basic and diluted loss per share for the first quarter of 2023 was RMB (0.004), compared to RMB (0.003) in the first quarter of 2022, reflecting a 33.3% increase in loss per share[15] - The gross loss margin improved to (1.4%) in Q1 2023 from (2.2%) in Q1 2022[11] - The net loss margin increased to (13.2%) in Q1 2023 from (11.6%) in Q1 2022[11] - Other income for the first quarter of 2023 was RMB 5,445,000, slightly down from RMB 5,472,000 in the same period of 2022[16] - Administrative expenses rose to RMB 6,707,000 in Q1 2023, compared to RMB 4,800,000 in Q1 2022[16] - Trade receivables impairment provision increased to RMB 14,260,000 in Q1 2023 from RMB 9,032,000 in Q1 2022[16] - Total comprehensive income for the three months ended March 31, 2023, was RMB 126,777 thousand, compared to RMB 132,045 thousand for the same period in 2022, reflecting a decrease of approximately 4.7%[19] - The total revenue and other income for the three months ended March 31, 2023, was RMB 122,965 thousand, compared to RMB 108,761 thousand for the same period in 2022, indicating a growth of 13.0%[28] - The net loss attributable to the company's owners for the period was approximately RMB 14,000,000, compared to a net loss of approximately RMB 11,500,000 in the corresponding period[39] - The company's basic and diluted loss per share was calculated based on a loss of RMB (14,028,000) for the period[39] - The company recorded a post-tax net loss of approximately RMB 16,200,000 for the period, primarily due to impairment provisions for trade receivables and increased administrative expenses[52] Revenue Sources - Revenue from energy business, specifically LNG sales, reached RMB 122,678 thousand for the three months ended March 31, 2023, an increase of 12.9% from RMB 108,639 thousand in the same period of 2022[28] - The energy business continues to account for over 99% of the total revenue of the group[52] Government Support and Taxation - The company received approximately RMB 10,000 thousand in government subsidies to encourage the development of its energy business during the corresponding period[28] - The income tax expense for the three months ended March 31, 2023, included a current tax provision of RMB 30 thousand, reflecting the company's tax obligations under applicable laws[35] Financial Instruments and Risks - The company has not adopted any financial instruments for hedging purposes during the reporting period[62] - The company is exposed to foreign exchange risks due to its operations primarily in China, with revenues and expenses mainly denominated in RMB[62] - The board will consider foreign exchange hedging arrangements as necessary[62] Share Options and Ownership - The company operates a share option scheme to incentivize eligible participants, which has been effective since December 12, 2011, for a period of 10 years[66] - The total number of shares that may be issued upon the exercise of options granted under the scheme shall not exceed 30% of the issued share capital of the company[66] - As of March 31, 2023, the company has granted a total of 212,480,000 stock options, representing 5.8% of the issued shares[68] - The total number of stock options granted to directors, employees, and consultants during the period remains unchanged at 212,480,000[68] - The company has a significant shareholding by directors, with Mr. Hu holding 547,184,000 shares, accounting for 14.92% of the issued share capital[71] - Ms. Lam holds 493,456,000 shares, representing 13.46% of the issued share capital[71] - The beneficial ownership of Mr. Chan and Ms. Kwan is 22,400,000 shares each, equating to 0.61% of the issued share capital[71] - Ms. Ma has a beneficial ownership of 2,240,000 shares, which is 0.06% of the issued share capital[73] Corporate Governance - The company communicated with shareholders through annual and special general meetings, as well as regular reports and announcements[91] - The company has adhered to the corporate governance code as per GEM Listing Rules Appendix 15 throughout the period[92] - The Audit Committee, consisting of three independent non-executive directors, has reviewed the unaudited financial statements for the first quarter and confirmed compliance with applicable accounting standards[95] - The Audit Committee's main responsibilities include recommending the appointment and removal of external auditors and reviewing financial statements[93] Strategic Developments - The company continues to explore new business opportunities with Tractebel Engineering S.A. in France and maintains strategic partnerships with several major partners[52] - The company aims to expand its energy business and geographic footprint, seeking opportunities in overseas markets such as Europe through joint ventures and acquisitions[58] Convertible Bonds - The company issued convertible bonds with a principal amount of HKD 97,800,000 at an annual interest rate of 8%[44] - The fair value of the convertible bonds was assessed at RMB 83,383,000 as of March 31, 2023[46] - The net proceeds from the issuance of convertible bonds are approximately RMB 82,700,000, with 50% allocated for general working capital and 50% for enhancing existing business[60] - As of March 31, 2023, approximately RMB 41,400,000 has been utilized for general working capital and approximately RMB 13,000,000 for enhancing existing business[60] - As of March 31, 2023, the net proceeds from the issuance of convertible bonds amounted to approximately HKD 97,500,000 (equivalent to about RMB 82,700,000)[62] Share Transactions - The company agreed to sell approximately 28.38% of its total issued shares, equivalent to 1,040,640,000 shares, to the buyer[74] - Following the completion of the transaction, the buyer will hold 28.38% of the company's issued shares[86] - The transaction is expected to be completed within 60 days from the agreement date, or on another mutually agreed date[74] - Major shareholders, including Lin Min and several investment companies, will no longer hold any shares in the company post-transaction[86] - As of March 31, 2023, the company did not issue any debt securities during the reporting period[87] - The company has not purchased, sold, or redeemed any of its listed securities during the reporting period[90]

香港交易及結算所有限公司及聯交所對本公佈的內容概不負責，對其準確性或完整性亦 不發表任何聲明，並明確表示概不會對本公佈的全部或任何部分內容所產生或因依賴該 等內容而引致的任何損失承擔任何責任。 Zhonghua Gas Holdings Limited (中華燃氣控股有限公司) （於開曼群島註冊成立之有限公司） （股份代號：8246） 截至二零二三年三月三十一日止三個月之 第一季度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。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 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券 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。 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關中華燃氣 控股有限公司（「本公司」）的資料。本公司之董事（「董事」）願共同及個別就本公佈負全 責，並在作出一切合理查詢後確認，就彼等所深知及確信，本公佈所載 ...

Financial Performance - The company reported total revenue of approximately RMB 200.5 million for 2022, a decrease of 52.3% compared to the previous year, primarily due to the ongoing COVID-19 pandemic in Tianjin and Shanghai, with Shanghai under lockdown from March to June 2022[29]. - The group's total revenue for the year was approximately RMB 200,500,000, a decrease of about 52.3% from approximately RMB 420,700,000 in the previous year, primarily due to the ongoing COVID-19 outbreaks in key markets like Tianjin and Shanghai[75]. - The revenue from the new energy business decreased by 52.4% to approximately RMB 200,100,000, accounting for 99.8% of the group's total revenue[56]. - The net loss attributable to the company's owners was approximately RMB 5,300,000, a significant reduction of 97.3% from approximately RMB 191,300,000 in the previous year[76]. - The group recorded a post-tax net loss of approximately RMB 3,700,000 for the year, compared to a post-tax net loss of approximately RMB 213,600,000 in the previous year[75]. - The group reported a total comprehensive loss of RMB 3,739,000, representing a 98.2% decrease compared to a loss of RMB 213,585,000 in the previous year[90]. - The basic and diluted loss per share for the year was RMB 0.001, compared to RMB 0.053 in the previous year[47]. - The group reported a basic and diluted loss per share of RMB 0.001, a decrease of 98.1% from RMB 0.053 in the previous year[90]. - The operating loss for 2022 was RMB 3,470,000, significantly improved from RMB 209,276,000 in 2021[159]. - The company reported a net loss of RMB 3,739,000 for 2022, a substantial decrease from RMB 213,585,000 in 2021[159]. Assets and Liabilities - The total assets decreased by 3.4% to RMB 346.729 million in 2022, compared to RMB 358.922 million in 2021[11]. - The group's asset-liability ratio increased to 59.5% as of December 31, 2022, up from 54.5% as of December 31, 2021[61]. - The group's total liabilities decreased to RMB 203,776,000 from RMB 214,230,000, representing a decline of approximately 4.5%[183]. - The group's non-current assets, including property, plant, and equipment, were valued at RMB 50,996,000, down from RMB 66,903,000, indicating a significant reduction of about 23.8%[183]. - The group's current assets totaled RMB 295,733,000, slightly up from RMB 292,019,000, reflecting a marginal increase of about 1.2%[183]. - The group's equity attributable to owners decreased to RMB 109,789,000 from RMB 115,043,000, a decline of approximately 4.5%[183]. - The cash and cash equivalents decreased by 36.2% to RMB 38.752 million in 2022, down from RMB 60.769 million in 2021[11]. - The cash and cash equivalents at the end of the year were RMB 38,752,000, down from RMB 60,769,000, marking a decrease of about 36.3%[188]. - The group’s financing cash flow showed a net outflow of RMB 8,022,000, compared to an outflow of RMB 7,863,000 in the previous year[188]. Business Operations and Strategy - The company expects gradual economic recovery in the coming years, which may lead to overall business improvement[30]. - The strategic partnership with Jiangsu Shagang Group commenced operations in April 2022, with expectations of increased contributions once the COVID-19 situation stabilizes[19]. - The company continues to maintain strategic partnerships with Tractebel Engineering S.A. and other major partners to explore new business opportunities[21]. - The group plans to continue focusing on the recovery and expansion of its new energy business, considering areas beyond LNG supply[68]. - The company aims to become a leading diversified new energy service provider in the Greater China region[87]. - The company has resumed active communication with existing and potential business partners following the lifting of travel restrictions by the Chinese government in Q1 2023[86]. Administrative and Operational Efficiency - Administrative expenses decreased by 4.3% to approximately RMB 24.3 million in 2022, down from RMB 25.4 million in 2021 due to cost-saving measures[43]. - The gross loss margin for the new energy business increased to (4.2%) in 2022 from (1.8%) in 2021, attributed to intense price competition and price volatility in LNG supply[38]. - The cost of sales for the new energy business decreased to approximately RMB 208.5 million in 2022, down from RMB 427.7 million in 2021, primarily due to lower LNG supply costs[36]. - The group’s gross loss was RMB 7,949,000, which is a 13.1% increase compared to a gross loss of RMB 7,029,000 in the previous year[90]. - Trade and other receivables increased by 11.1% to approximately RMB 257,000,000 as of December 31, 2022, compared to approximately RMB 231,300,000 as of December 31, 2021[60]. - Trade receivables impairment reversal for 2022 was RMB 29,394,000, compared to an impairment loss of RMB 195,398,000 in 2021[159]. Share Options and Governance - The total number of unexercised share options granted to directors is 92,832,000, with an exercise price of HKD 0.289 per share[114]. - The total number of unexercised share options for employees is 89,768,000, also with an exercise price of HKD 0.289 per share[114]. - The total number of unexercised share options for consultants is 29,880,000, maintaining the same exercise price of HKD 0.289 per share[114]. - The overall total of unexercised share options across all categories is 212,480,000[114]. - The company has adopted a share option scheme as an incentive for eligible participants[126]. - The company emphasizes effective shareholder communication to strengthen investor relations and ensure timely access to information[92]. - The company’s financial governance is overseen by a well-experienced CFO, ensuring strategic financial decisions are made[191]. Future Outlook and Challenges - There is a significant uncertainty regarding the company's ability to continue as a going concern[165]. - The company plans to hold its annual general meeting on or before June 30, 2023[93]. - The company’s equity changes during the year included a loss of RMB 5,254 thousand in comprehensive income, indicating challenges in profitability[200].

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份內容而 產生或因倚賴該等內容而引致之任何損失承擔任何責任。 Zhonghua Gas Holdings Limited (中華燃氣控股有限公司) （於開曼群島註冊成立之有限公司） （股份代號：8246） 截至二零二二年十二月三十一日止年度之 年度業績公佈 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為中小型公司提供一個上市的市場，此等公司相比起其他在聯交所上市 的公司帶有較高投資風險。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 過審慎周詳的考慮後方作出投資決定。 由於GEM上市公司普遍為中小型公司，在GEM買賣的證券可能會較於主板買賣之證券 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。 本公佈乃遵照聯交所GEM證券上市規則（「GEM上市規則」）的規定而提供有關中華燃氣 控股有限公司（「本公司」）的資料。本公司之董事（「董事」）願共同及個別就本公佈負全 責，並在作出一切合理查詢後確認，就彼等所深知及確信， ...

Financial Performance - For the nine months ended September 30, 2022, the company reported a revenue of HKD 298,439,000, representing a 160.2% increase compared to HKD 358,246,000 for the same period in 2021[10]. - The gross loss margin for the nine months ended September 30, 2022, was 34.8%, compared to 49.0% for the same period in 2021, indicating an improvement in cost management[10]. - The net loss for the nine months ended September 30, 2022, was HKD 130,829,000, which is a 70.264% increase compared to HKD 157,047,000 for the same period in 2021[10]. - The gross profit for the nine months ended September 30, 2022, was reported at HKD 118,804,000, showing a significant recovery from previous losses[10]. - Total comprehensive loss for the nine months ended September 30, 2022, was RMB 146,307,000, compared to RMB 41,338,000 for the same period in 2021, marking an increase of approximately 253%[13]. - The company’s basic and diluted loss per share for the nine months ended September 30, 2022, was RMB 0.036, compared to RMB 0.011 for the same period in 2021, indicating an increase of approximately 227%[13]. - The net loss after tax for the period was approximately RMB 41.3 million, compared to a net loss of RMB 146.3 million for the corresponding period in 2021[42]. - The fair value loss on convertible bonds for the period was approximately RMB 5.5 million, compared to a fair value gain of approximately RMB 5.9 million for the corresponding period in 2021[43]. User Engagement and Market Strategy - The company experienced a significant increase in user engagement, with a reported 317% increase in user data compared to the previous year[10]. - The company is focusing on market expansion strategies, particularly in the United States, to enhance its service offerings and user base[10]. - The company plans to invest in new product development and technology to improve operational efficiency and customer satisfaction[10]. - The company is actively monitoring market trends to adapt its business strategies accordingly and ensure sustainable growth[10]. - The company plans to expand its new energy business and geographic footprint, particularly in Shanghai and surrounding cities, while seeking opportunities in overseas markets like Europe[53]. Cost Management and Operational Efficiency - The company aims to enhance its financial performance by implementing new strategies to reduce operational costs and improve revenue streams[10]. - The company’s administrative expenses for the nine months ended September 30, 2022, were RMB 16,478,000, a decrease from RMB 18,388,000 for the same period in 2021, reflecting a reduction of approximately 10%[13]. - The sales cost for the new energy business was approximately RMB 125.2 million, down from approximately RMB 303.9 million for the corresponding period in 2021[48]. - Administrative expenses decreased by 10.4% to approximately RMB 16.5 million from approximately RMB 18.4 million in the corresponding period due to cost-saving measures[50]. Mergers, Acquisitions, and Partnerships - The board has indicated a commitment to exploring potential mergers and acquisitions to strengthen market position and diversify offerings[10]. - The company continues to maintain strategic partnerships with major collaborators to explore new business opportunities[46]. - The company has established a strategic partnership with Jiangsu Shagang Group, a Fortune Global 500 company, to supply LNG and manage its LNG supply station, expected to contribute positively in 2023[44]. - The company aims to establish new joint ventures and pursue acquisitions to ensure stable LNG supply and management services[53]. Stock Options and Shareholder Information - As of September 30, 2022, the total issued shares amounted to 3,666,936,000 shares, with a par value of HKD 0.00125 per share[58]. - The total number of unexercised stock options granted under the plan was 212,480,000 shares, representing 5.8% of the company's issued shares[67]. - The total number of stock options granted to directors as of September 30, 2022, was 92,832,000 shares, with an exercise price of HKD 0.289[67]. - The total number of stock options granted to employees was 89,768,000 shares, also with an exercise price of HKD 0.289[67]. - The company’s directors and key executives held a total of 547,184,000 shares, representing 14.92% of the issued share capital[69]. - The company’s stock options plan reflects a strategic approach to incentivize key personnel and align their interests with shareholder value[67]. Governance and Compliance - The audit committee reviewed the unaudited financial statements for the third quarter and confirmed compliance with applicable accounting standards[82]. - The company has adhered to the corporate governance code as per GEM listing rules throughout the reporting period[80]. - The board of directors communicated with shareholders through annual and special general meetings[79]. - The company will continue to review and take appropriate actions to comply with the corporate governance code[80].

Financial Performance - Revenue for the six months ended June 30, 2022, was RMB 113,780 thousand, a decrease of 47.5% compared to RMB 216,837 thousand for the same period in 2021[7] - The gross loss for the period was RMB 4,349 thousand, representing a gross loss margin of (3.8%), compared to (1.8%) in the previous year[7][11] - Total comprehensive loss for the period was RMB 27,150 thousand, a significant decrease of 78.0% from RMB 123,572 thousand in the corresponding period of 2021[7] - The company reported a basic and diluted loss per share of RMB 0.007, a decrease of 76.7% from RMB 0.030 in the previous year[7] - Operating loss for the six months was RMB 27,012, significantly improved from an operating loss of RMB 128,729 in the same period last year[23] - The group reported a loss of RMB 27,150 thousand for the six months ended June 30, 2022, compared to a loss of RMB 123,572 thousand for the same period in 2021, showing an improvement in financial performance[59] - The net loss attributable to the company's owners for the current period was approximately RMB 25.6 million, a reduction of 76.7% from approximately RMB 109.9 million in the corresponding period[114] Assets and Liabilities - The net asset value decreased by 18.8% to RMB 117,542 thousand from RMB 144,692 thousand as of December 31, 2021[8] - The company's total assets as of June 30, 2022, were RMB 325,650, down from RMB 358,922 at the end of 2021[25] - Current assets decreased to RMB 266,341 from RMB 292,019 at the end of 2021[25] - Total equity attributable to owners of the company was RMB 89,464, down from RMB 115,043 at the end of 2021[25] - Non-current liabilities increased to RMB 86,383 from RMB 81,701 at the end of 2021[25] - The total liabilities as of June 30, 2022, were RMB 117,822 thousand, down from RMB 127,966 thousand as of December 31, 2021, indicating a decrease of approximately 7.9%[90] - The company's asset-liability ratio as of June 30, 2022, was 71.8%, up from 54.5% as of December 31, 2021[116] Cash Flow and Liquidity - Cash and cash equivalents decreased by 12.1% to RMB 53,429 thousand from RMB 60,769 thousand as of December 31, 2021[8] - Net cash used in operating activities was RMB (4,477) thousand, a decrease from RMB (7,323) thousand in the previous period, indicating improved operational efficiency[30] - Cash flow from investing activities showed a net inflow of RMB 6 thousand, compared to a net outflow of RMB (8,598) thousand previously, reflecting a significant turnaround in investment performance[30] - Total cash and cash equivalents decreased by RMB (9,345) thousand, a notable improvement from a decrease of RMB (21,613) thousand in the prior period, indicating better liquidity management[30] Revenue Sources - Revenue from LNG trading and management fees for the six months ended June 30, 2022, was RMB 113,290 thousand, a decrease of 47.8% compared to RMB 216,593 thousand for the same period in 2021[46] - Rental income from property investment remained stable at RMB 244 thousand for both periods, indicating no change year-over-year[46] - Other income, including government subsidies, amounted to RMB 5,723 thousand for the six months ended June 30, 2022, compared to RMB 5,728 thousand in the previous year[47] - The group received government subsidies totaling RMB 28,000 thousand for promoting new energy business during the six months ended June 30, 2022, down from RMB 51,000 thousand in the previous year[47] Expenses and Cost Management - The group incurred administrative expenses of RMB 10,419 thousand for the six months ended June 30, 2022, compared to RMB 12,452 thousand in the same period of 2021, reflecting a reduction of 16.5%[59] - The sales cost for the new energy business was approximately RMB 118.1 million, down from approximately RMB 220.8 million in the corresponding period, primarily due to a decrease in LNG supply costs[110] - The gross loss margin for the new energy business increased from 1.9% in the corresponding period to 4.0% in the current period, attributed to intense price competition in LNG[111] Shareholder Information - The company did not declare any dividends for the period[7] - The weighted average number of ordinary shares used to calculate the basic and diluted loss per share increased to 3,666,936 thousand shares as of June 30, 2022, from 3,622,136 thousand shares as of June 30, 2021[67] - The number of unexercised share options as of June 30, 2022, was 212,480,000 shares, which is 5.8% of the total issued shares, down from 257,280,000 shares (7.1%) a year earlier[94] - The total remuneration for directors and key management personnel increased to RMB 2,183 thousand for the six months ended June 30, 2022, compared to RMB 1,944 thousand for the same period in 2021, marking an increase of approximately 12.3%[103] Corporate Governance and Compliance - The audit committee consists of three independent non-executive directors and has reviewed the interim financial results[155] - The external auditor has not identified any significant modifications needed for the interim financial information as of June 30, 2022[155] - The company has adopted corporate governance practices in compliance with GEM listing rules[153] - The company communicated with shareholders through annual and special general meetings[151]