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。 GENES TECH GROUP HOLDINGS COMPANY LIMITED 靖 洋 集 團 控 股 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8257） 截 至2022年12月31日 止 年 度 之 全 年 業 績 公 告 香港聯合交易所有限公司（「聯交所」）GEM之特色 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上市的公司通常為中小型公司，在GEM買賣的證券可能會較於 聯交所主板買賣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。 ...

Financial Performance - Total revenue for the nine months ended September 30, 2022, was approximately NT$1,148.81 million, a decrease from NT$1,190.30 million in the same period of 2021[7]. - Revenue from turnkey solutions was approximately NT$558.15 million, down from NT$771.40 million in the same period of 2021, accounting for about 48.59% of total revenue[8]. - Revenue from the sale of second-hand semiconductor manufacturing equipment and parts was approximately NT$590.66 million, an increase of about 41.0% from NT$418.90 million in the same period of 2021, representing about 51.41% of total revenue[9]. - Gross profit for the nine months ended September 30, 2022, was approximately NT$302.88 million, with a gross margin of approximately 26.36%, compared to NT$276.43 million and 23.22% in the same period of 2021[11]. - Net profit attributable to owners for the nine months ended September 30, 2022, was approximately NT$103.65 million, up from NT$80.99 million in the same period of 2021[12]. - Basic earnings per share for the nine months ended September 30, 2022, was approximately NT$11.22 cents, compared to NT$8.10 cents in the same period of 2021[12]. - For the nine months ended September 30, 2022, the company's revenue was NT$1,148,806 thousand, a decrease of 3.5% compared to NT$1,190,301 thousand for the same period in 2021[49]. - Gross profit for the nine months ended September 30, 2022, was NT$302,875 thousand, representing an increase of 9.6% from NT$276,434 thousand in the previous year[49]. - The net profit attributable to the company's owners for the nine months ended September 30, 2022, was NT$112,220 thousand, up 38.5% from NT$80,961 thousand in the same period of 2021[49]. - The basic and diluted earnings per share for the nine months ended September 30, 2022, were NT$11.22, compared to NT$8.10 for the same period in 2021, reflecting a 38.5% increase[49]. - The company reported a total comprehensive income of NT$103,654 thousand for the nine months ended September 30, 2022, compared to NT$80,989 thousand in the previous year, indicating a growth of 28%[52]. Market Trends - The semiconductor industry is experiencing a slowdown in growth momentum, with the global semiconductor market size estimated at USD 605.6 billion in 2022, a growth rate of 8.9%[6]. - Global semiconductor industry revenue for 2022 is projected to be $639.2 billion, an increase of 7.4%, significantly down from the previous forecast of 13.6%[13]. - Semiconductor revenue from personal computers is expected to decline by 5.4% in 2022, while growth from smartphones is slowing to 3.1%, down from 24.5% in 2021[13]. - Revenue from data centers is anticipated to grow by 20% in 2022, driven by ongoing investments in cloud infrastructure and AI[13]. - The semiconductor content per vehicle is projected to increase from $712 in 2022 to $931 by 2025, reflecting a trend towards electrification and automation in the automotive industry[13]. - The global semiconductor market size is expected to reach $625 billion in 2022, with a growth rate exceeding 12%[13]. - The capital expenditure for the global semiconductor industry is forecasted to grow by 21% to $188.5 billion in 2022[13]. Company Operations - The company aims to enhance its core competitiveness by actively seizing development opportunities and investing in product research and technology upgrades[6]. - Local business revenue in Taiwan accounted for approximately 71.87% of total revenue, up from 55.63% in the same period of 2021[11]. - The company is facing challenges in supply chain and logistics due to the ongoing COVID-19 pandemic in Taiwan, impacting revenue from turnkey solutions and equipment sales[11]. - The company has total borrowings of approximately NT$629.87 million as of September 30, 2022, compared to NT$635.36 million at the end of 2021[17]. - The company has no significant capital commitments or contingent liabilities as of September 30, 2022[21]. - The company employed approximately 287 full-time employees as of September 30, 2022, with competitive salary reviews conducted annually[24]. - The company’s non-current assets are primarily located in Taiwan, which is also its registered location[62]. Shareholder Information - As of September 30, 2022, major shareholder Jia Jian Development Limited holds 374,625,000 shares, representing approximately 37.46% of total shares[30]. - Ever Wealth Holdings Limited owns 81,150,000 shares, accounting for about 8.11% of total shares[30]. - The total shares held by the group of concert parties, including 台儀投資事業有限公司, is 682,050,000, which constitutes 68.20% of total shares[30]. - The company has not disclosed any other individuals or entities holding interests in shares that require notification under the Securities and Futures Ordinance as of September 30, 2022[31]. - No arrangements have been made for directors or senior management to hold any interests in shares or related securities of the company or its associated corporations as of September 30, 2022[34]. Compliance and Governance - The company has adopted trading regulations for directors in compliance with GEM Listing Rules from July 14, 2017, to September 30, 2022[37]. - All directors confirmed compliance with trading regulations from January 1, 2022, to September 30, 2022[38]. - The company has established written guidelines for employees regarding trading in potentially price-sensitive information[38]. - No significant transactions or arrangements involving directors or their related entities have been established from the listing date to September 30, 2022[36]. - The company has not identified any incidents of employees failing to comply with the established trading guidelines[38]. - The audit committee has reviewed the unaudited financial results for the nine months ended September 30, 2022, ensuring compliance with applicable accounting standards and regulations[43].

香港聯合交易所有限公司（「聯交所」）GEM之特色 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。 本報告的資料乃遵照《香港聯合交易所有限公司的GEM證券上市規則》而刊載，旨在提供有關靖洋集團控股有限公 司（「本公司」）及其附屬公司（統稱「本集團」）的資料；本公司的董事願就本報告的資料共同及個別地承擔全部責任。 各董事在作出一切合理查詢後，確認就其所知及所信，本報告所載資料在各重要方面均屬準確完備，沒有誤導或 欺詐成分，且並無遺漏任何事項，足以令致本報告或其所載任何陳述產生誤導。 本報告以環保紙印刷 目錄 | 公司資料 | 3 | | --- | --- | | 管理層討論及分析 | 5 | | 其他資料 | 9 | | 未經審核簡明綜合中期全面收益表 | 14 | | 未經審核簡明綜合中期財務狀況表 | 15 | | 未經審核簡明綜合中期權益變動表 | 17 | | 未經審核簡明綜合中期現金流量表 | 18 | | 未經審核簡明綜合中期財務資料附註 | 19 | 二零 ...

Revenue Performance - Total revenue for the three months ended March 31, 2022, was approximately NT$236.69 million, a decrease from NT$413.74 million in the same period of 2021[7] - Revenue from turnkey solutions was approximately NT$91.21 million, down from NT$287.99 million year-on-year, accounting for 38.54% of total revenue[8] - Revenue from the sale of second-hand semiconductor manufacturing equipment and parts was approximately NT$145.48 million, an increase of about 15.69% from NT$125.75 million in the same period of 2021, representing 61.46% of total revenue[11] - Local business revenue in Taiwan was approximately NT$180.28 million, down from NT$241.98 million year-on-year, accounting for 76.17% of total revenue[12] - Revenue for 2022 was NT$236,688,000, a decrease of 42.7% compared to NT$413,740,000 in 2021[43] - Revenue from providing integrated solutions in Q1 2022 was NT$91,207,000, down 68.3% from NT$287,988,000 in Q1 2021[57] - Revenue from trading second-hand semiconductor manufacturing equipment and parts in Q1 2022 was NT$145,481,000, an increase of 15.7% from NT$125,752,000 in Q1 2021[57] - Revenue from Taiwan in Q1 2022 was NT$180,275,000, a decrease of 25.5% compared to NT$241,978,000 in Q1 2021[60] Market Overview - The global semiconductor industry sales reached US$52.5 billion in February 2022, a year-on-year increase of 32.4%[6] - The global semiconductor market is projected to reach US$601.5 billion in 2022, reflecting an 8.8% growth compared to 2021[6] - The global semiconductor market is expected to reach a value of US$680.6 billion in 2022, representing an 11% increase from the previous year[14] - According to WSTS, the global semiconductor market value is projected to reach US$601.5 billion in 2022, an increase of 8.8% compared to 2021[14] - Taiwan's semiconductor industry is expected to grow by 17.7% in 2022, reaching NT$480.62 billion, setting a new historical record[6] - Taiwan's semiconductor industry output is expected to exceed NT$4.8 trillion in 2022, reflecting a growth of 17.7% year-on-year[14] - Global semiconductor equipment investment is projected to reach US$107 billion in 2022, an 18% increase from the previous year, marking a historical high for three consecutive years[16] - Taiwan's investment in semiconductor equipment is estimated at approximately US$35 billion, a 56% increase from the previous year, ranking first globally[16] Financial Performance - The group's gross profit for the review period was approximately NT$761.3 million, compared to NT$988.2 million in the same period of 2021, with an overall gross margin of 32.16%, up from 23.88% in 2021[13] - The total comprehensive income attributable to owners for the three months ended March 31, 2022, was approximately NT$228.4 million, down from NT$307.6 million in the same period of 2021, with basic earnings per share of NT$2.37 compared to NT$3.12 in 2021[13] - Gross profit for 2022 was NT$76,125,000, down 23.0% from NT$98,821,000 in 2021[43] - Net profit attributable to owners for 2022 was NT$23,675,000, a decline of 24.3% from NT$31,212,000 in 2021[43] - Total comprehensive income for 2022 was NT$22,843,000, compared to NT$30,763,000 in 2021, reflecting a decrease of 25.8%[43] - For the first quarter of 2022, the company reported a net profit attributable to shareholders of NT$23,675,000, a decrease of 24.5% from NT$31,212,000 in the same period of 2021[68] - The basic earnings per share for the first quarter of 2022 was NT$2.37, down from NT$3.12 in the first quarter of 2021, reflecting a decline of 24.2%[68] Cost Management and Expenses - Total expenses for the first quarter of 2022 amounted to NT$205,057,000, a significant reduction of 44.5% compared to NT$369,662,000 in the same quarter of 2021[63] - Research expenses for the first quarter of 2022 were NT$232,000, down 29.7% from NT$330,000 in the same period of 2021[63] - The company incurred employee benefits expenses of NT$61,338,000, a decrease of 9.5% from NT$67,445,000 in the first quarter of 2021[63] - The company plans to continue focusing on cost reduction strategies to improve profitability in future quarters[68] Corporate Governance and Compliance - The board of directors does not recommend the payment of dividends for the three months ended March 31, 2022[18] - The company reported unaudited consolidated comprehensive income for the three months ended March 31, 2022[38] - The audit committee, consisting of independent non-executive directors, oversees the integrity of the company's financial statements[37] - The company has adopted the corporate governance code as per GEM listing rules, with a noted deviation regarding the roles of chairman and CEO[33] - The company has established written guidelines for employees regarding securities trading to ensure compliance with regulations[32] - The company and its subsidiaries did not purchase, sell, or redeem any of its listed shares from January 1 to March 31, 2022[40] - The board of directors confirmed compliance with trading regulations from January 1 to March 31, 2022[32] - The company has not entered into any significant transactions or arrangements involving directors' interests from the listing date to March 31, 2022[30] - The company has not disclosed any other interests in competing businesses by directors or major shareholders[29] Strategic Initiatives - The company aims to enhance its core competitiveness by actively seizing development opportunities in response to market changes[6] - The company plans to strengthen relationships with existing international clients to increase revenue from regions outside Taiwan[12] - The company aims to enhance its innovation and R&D capabilities to strengthen its core competitiveness and create long-term shareholder value[17] - The company will closely monitor market changes and respond swiftly to seize development opportunities[17] - The company has not reported any significant new product developments or market expansions during the period[48] Shareholder Information - As of March 31, 2022, major shareholders include Mr. Yang with approximately 27.6% ownership[27] - No share options have been granted under the share option scheme since its adoption on June 20, 2017[39] - The company did not report any potential dilutive ordinary shares, resulting in diluted earnings per share being the same as basic earnings per share[69] - The company’s auditor fees for audit services were NT$2,432,000, a minor decrease from NT$2,445,000 in the previous year[63]

Financial Performance - The company reported total revenue of approximately NT$1,497.33 million for the year ended December 31, 2021[8]. - The comprehensive income attributable to the company's owners was approximately NT$74.65 million[8]. - The basic earnings per share were NT$0.0794[8]. - In 2021, the company's total revenue was approximately NT$1,497.33 million, a slight decrease from NT$1,497.83 million in 2020[12]. - The company reported a net profit attributable to shareholders of approximately NT$74.65 million, down from NT$143.81 million in 2020, with basic earnings per share of NT$7.94 compared to NT$14.42 in 2020[18]. - Revenue from integrated solutions was approximately NT$874.83 million, accounting for about 58.43% of total revenue, down from NT$992.06 million in 2020[13]. - Revenue from the sale of second-hand semiconductor manufacturing equipment and parts was approximately NT$622.50 million, an increase of about 23.08% from NT$505.77 million in 2020, representing about 41.57% of total revenue[16]. - The gross profit for the year was approximately NT$342.17 million, with a gross margin of about 22.85%, down from 26.70% in 2020 due to supply chain delays caused by the pandemic[17]. - The company reported a reserve available for distribution to shareholders of approximately NT$51.91 million as of December 31, 2021, compared to NT$35.78 million in 2020, representing an increase of about 45.0%[57]. Semiconductor Market Overview - In 2021, the global semiconductor market reached a value of $613 billion, representing a year-on-year increase of 26%[7]. - Global semiconductor sales in 2021 reached a record of $555.9 billion, with a year-on-year growth of 26.2%[10]. - The semiconductor supply-demand imbalance is expected to ease by 2022, with a forecasted global semiconductor revenue of $680.6 billion, a year-on-year increase of 11%[7]. - Taiwan's semiconductor industry value reached NT$4.08 trillion in 2021, with an expected growth of 17.7% in 2022[7]. - The global semiconductor manufacturing equipment sales are projected to reach a new high of $114 billion in 2022[8]. Company Strategy and Operations - The company aims to enhance its R&D capabilities to strengthen its core competitiveness and create long-term shareholder value[8]. - The company will closely monitor market changes and respond swiftly to seize development opportunities[8]. - The company plans to closely monitor market changes and actively seize development opportunities, enhancing innovation and R&D capabilities to create long-term shareholder value[21]. Employee and Management Information - The group employed approximately 257 full-time employees as of December 31, 2021, a decrease from 266 employees in 2020[31]. - Employee costs amounted to TWD 262.23 million in 2021, up from TWD 233.37 million in 2020, reflecting a year-on-year increase of approximately 12.7%[98]. - The company continues to review employee compensation annually to maintain competitiveness in the labor market[31]. - The management team includes experienced executives with backgrounds in finance, engineering, and operations, contributing to strategic development[34][35][36][38]. Corporate Governance - The company has adopted the corporate governance code principles and rules as per the GEM Listing Rules, effective as of December 31, 2021[106]. - The board consists of seven members, including four executive directors and three independent non-executive directors[112]. - The board held six meetings during the year, ensuring active participation from most directors either in person or via electronic communication[118]. - The company has established written guidelines for employees regarding securities trading, ensuring compliance with the trading regulations[109]. - The independent non-executive directors confirmed their independence annually, and the company believes all are independent individuals[120]. Environmental and Social Responsibility - The company has a strong commitment to environmental policies and aims to minimize negative impacts from its business activities[49]. - The company emphasizes the importance of sustainable development for long-term business success, focusing on integrity, performance, and customer-centricity[178]. - The company has implemented internal guidelines for environmental management and maintains a zero-tolerance policy for violations of local laws[185]. - The company encourages employees to use public transportation and choose vehicles with higher emission standards to reduce air pollution[186]. - The total greenhouse gas emissions for the year ended December 31, 2021, amounted to 616.22 tons of CO2 equivalent, an increase of 12.3% from 548.39 tons in 2020[196]. Shareholder Information - The company has a dividend policy in place, which allows the board to declare dividends based on various factors including financial performance and cash flow[176]. - The company has established a shareholder communication policy to ensure effective handling of shareholder concerns and feedback[176]. - Shareholders holding at least 10% of the voting rights can request a special general meeting to address specified matters[169].

Financial Performance - For the nine months ended September 30, 2021, the total revenue of the group was approximately NT$1,190.30 million, a slight increase from NT$1,188.60 million in the same period of 2020[8]. - The gross profit for the period was approximately NT$276.43 million, with a gross margin of about 23.22%, down from 25.44% in the same period of 2020 due to supply chain delays[12]. - The group’s net profit attributable to owners was approximately NT$80.99 million, compared to NT$116.98 million in the same period of 2020, with basic earnings per share of NT$0.081[13]. - The total comprehensive income for the nine months ended September 30, 2021, was NT$80,989 thousand, compared to NT$116,976 thousand in the same period of 2020, reflecting a decrease of 30.7%[50]. - Basic and diluted earnings per share for the nine months ended September 30, 2021, were NT$8.10, down from NT$11.37 in the previous year[50]. - The company reported a net profit attributable to owners of the company of NT$80,961,000 for the nine months ended September 30, 2021, down 28.8% from NT$113,734,000 in 2020[69]. - Basic earnings per share for the nine months ended September 30, 2021, was NT$8.10, compared to NT$11.37 for the same period in 2020, reflecting a decrease of 28.9%[70]. Revenue Breakdown - Revenue from the integrated solutions segment was approximately NT$771.40 million, accounting for about 64.81% of total revenue, compared to NT$834.34 million in the same period of 2020[9]. - Revenue from the sale of semiconductor manufacturing equipment and parts increased by approximately 18.25% to NT$418.90 million, representing about 35.19% of total revenue[10]. - The local business revenue in Taiwan accounted for approximately 55.63% of the group’s total revenue[12]. - Revenue from Taiwan for the nine months ended September 30, 2021, was NT$662,201,000, a decrease of 8.2% compared to NT$721,702,000 in the same period of 2020[64]. - Major customers contributing over 10% of total revenue included Customer A with NT$185,692,000 and Customer B with NT$167,844,000 for the nine months ended September 30, 2021[66]. Market Trends - The global semiconductor market is expected to reach a value of USD 551 billion in 2021, representing a year-on-year growth of 25.1%[7]. - The semiconductor supply-demand imbalance is anticipated to persist until 2023, with certain product shortages expected to continue[7]. - In July 2021, North American semiconductor equipment manufacturers shipped $3.86 billion, a 4.5% increase from June 2021 and a 49.8% increase year-over-year from July 2020[14]. - In August 2021, global semiconductor sales reached a record high of $47.2 billion, reflecting a year-over-year growth of 29.7% and a 3.3% increase from July 2021[14]. - Gartner has revised the global semiconductor market value for 2021 to $570.8 billion, representing a growth rate of 22.4%, with expectations to exceed $600 billion in 2022[14]. - Taiwan's semiconductor industry is projected to reach NT$4.02 trillion in 2021, a 24.7% increase compared to 2020[14]. Company Strategy and Operations - The group aims to enhance its core competitiveness by investing in product research and development and technology upgrades[7]. - The company plans to closely monitor market changes and enhance innovation and R&D capabilities to create long-term shareholder value[16]. - Research expenses for the nine months ended September 30, 2021, were NT$1,059,000, an increase of 26.4% compared to NT$838,000 in 2020[67]. Financial Position - The company's total borrowings as of September 30, 2021, were approximately NT$6.3675 billion, down from NT$7.3912 billion as of December 31, 2020[17]. - The company's debt-to-equity ratio as of September 30, 2021, was approximately 58.06%, a significant decrease from 83.49% as of December 31, 2020[17]. - The company’s total equity as of September 30, 2021, was NT$851,041 thousand, an increase from NT$743,214 thousand as of September 30, 2020[53]. Corporate Governance - The company has adopted the corporate governance code as per GEM Listing Rules Appendix 15, with a noted deviation regarding the separation of roles between the chairman and CEO[40]. - The CEO, Mr. Yang, also serves as the chairman, which the board believes enhances consistent leadership and effective strategic planning[40]. - The company has confirmed compliance with trading regulations for directors from January 1, 2021, to September 30, 2021[39]. - The company has established written guidelines for employees regarding securities trading to ensure compliance with undisclosed price-sensitive information[39]. Shareholder Information - As of September 30, 2021, major shareholder Jia Jian Development Limited holds 374,625,000 shares, representing approximately 37.46% of total shares[31]. - Ever Wealth Holdings Limited owns 81,150,000 shares, accounting for 8.11% of total shares[31]. - The total shares held by the group of concerted actions, including Tai Yi Investment Co., Ltd. and others, amount to 682,050,000 shares, which is 68.20% of total shares[31]. - The company has not entered into any arrangements that would allow directors or senior management to hold any interests in the company's shares or related securities as of September 30, 2021[33]. - No significant transactions or contracts involving directors or their related entities were established between January 1, 2021, and September 30, 2021[37]. Dividend Policy - The board of directors did not recommend any dividends for the nine months ended September 30, 2021[26]. - The company did not grant any stock options under the stock option plan since its adoption on June 20, 2017[46]. - The company did not recommend any dividend payment for the nine months ended September 30, 2021, consistent with the previous year[72].

Financial Performance - For the six months ended June 30, 2021, the total revenue of the group was approximately NT$808.68 million, a decrease from NT$843.34 million in the same period of 2020[11]. - The group reported a total comprehensive income attributable to owners of approximately NT$46.58 million, down from NT$96.36 million in the same period of 2020[11]. - Basic earnings per share for the period were approximately NT$0.0467, compared to NT$0.0960 in the same period of 2020[11]. - Total revenue for the six months ended June 30, 2021, was approximately NT$808.68 million, a decrease of 4.12% from NT$843.34 million in the same period of 2020[16]. - Gross profit for the same period was approximately NT$181.50 million, resulting in a gross margin of 22.44%, down from 26.79% in 2020[16]. - The company's net comprehensive income attributable to owners for the six months ended June 30, 2021, was approximately NT$46.58 million, compared to NT$96.36 million in the same period of 2020[17]. - Net profit attributable to owners for the six months ended June 30, 2021, was NT$46.661 million, a decline of 51.3% from NT$95.980 million in 2020[53]. - The company reported a basic and diluted earnings per share of NT$4.67 for the six months ended June 30, 2021, compared to NT$9.60 in 2020, reflecting a 51.3% decrease[53]. - The company recorded a profit for the period of NT$46,661 thousand for the six months ended June 30, 2021, down from NT$95,980 thousand in the previous period, showing a decrease of about 51%[61]. - The company’s total comprehensive income for the period was NT$46,576 thousand, a decrease from NT$96,364 thousand in the previous period, reflecting the impact of market conditions on overall performance[61]. Revenue Breakdown - Revenue from the integrated solutions segment was approximately NT$558.31 million, accounting for about 69.04% of total revenue, down from NT$601.00 million in the same period of 2020[14]. - Revenue from the sale of semiconductor manufacturing equipment and parts was approximately NT$250.36 million, an increase from NT$242.34 million in the same period of 2020, accounting for about 30.96% of total revenue[15]. - Revenue from Singapore, South Korea, and Japan increased by 283.08% year-on-year, accounting for approximately 17.60% of total revenue[16]. - Revenue for the three months ended June 30, 2021, was NT$394,935,000, a decrease of 13.7% compared to NT$457,165,000 for the same period in 2020[81]. - Revenue from Taiwan for the three months ended June 30, 2021, was NT$161,510,000, a decline of 44.2% from NT$289,769,000 in 2020[83]. - Revenue from China increased to NT$160,760,000 for the three months ended June 30, 2021, up 15.8% from NT$138,804,000 in 2020[83]. Market Outlook - The global semiconductor market is expected to see a sales growth of 24% in 2021, surpassing US$500 billion for the first time[10]. - The average annual compound growth rate (CAGR) of the IC market from 2020 to 2025 is projected to be 10.7%[10]. - Taiwan's semiconductor industry total output value is expected to reach NT$3.8 trillion in 2021, with a growth rate of 18.1%[10]. - The semiconductor supply-demand tension is expected to continue throughout 2021, with some product shortages likely extending into 2022 or even 2023[9]. - The global semiconductor manufacturing equipment sales are expected to increase by 34% to $95.3 billion in 2021[20]. - The company plans to invest over NT$3 trillion in the semiconductor sector by 2025, indicating strong future growth opportunities[20]. Financial Position - Total assets as of June 30, 2021, were NT$2,459.382 million, slightly down from NT$2,462.524 million as of December 31, 2020[56]. - Total liabilities decreased to NT$1,642.754 million as of June 30, 2021, from NT$1,692.472 million as of December 31, 2020[58]. - The company’s total equity as of June 30, 2021, was NT$816,628 thousand, up from NT$770,052 thousand at the beginning of the year, indicating an increase of about 6%[61]. - The company’s debt-to-equity ratio improved to 63.78% as of June 30, 2021, down from 83.49% at the end of 2020[21]. - As of June 30, 2021, total bank borrowings were NT$670,240,000, down from NT$739,122,000 as of December 31, 2020[102]. Cash Flow and Investments - For the six months ended June 30, 2021, the company reported a net cash flow from operating activities of NT$136,262 thousand, a significant increase from NT$13,285 thousand in the same period of 2020, representing a growth of approximately 926%[64]. - The net cash and cash equivalents at the end of the period were NT$149,395 thousand, compared to NT$56,311 thousand at the same time last year, reflecting an increase of approximately 165%[64]. - The company’s cash flow from financing activities resulted in a net outflow of NT$80,816 thousand for the six months ended June 30, 2021, compared to a net outflow of NT$76,727 thousand in the same period of 2020[64]. - The company’s investment activities resulted in a net cash outflow of NT$2,174 thousand for the six months ended June 30, 2021, compared to NT$16,930 thousand in the same period of 2020, indicating a reduction in investment expenditures[64]. Shareholder Information - As of June 30, 2021, Mr. Yang holds 27,975,000 shares, representing approximately 2.79% of the total shares, and has a total beneficial interest of 682,050,000 shares, which is 68.20% when including concert party interests[31]. - Major shareholder Jia Jian Development Limited owns 374,625,000 shares, accounting for 37.46% of the total shares[33]. - Ever Wealth Holdings Limited holds 81,150,000 shares, representing 8.11% of the total shares[33]. - Planeta Investments Limited has a beneficial interest of 63,750,000 shares, which is 6.38% of the total shares[33]. - As of June 30, 2021, the total shares held by the concert party, including various stakeholders, amounts to 682,050,000 shares, equating to 68.20% of the total shares[33]. - The company has a significant concentration of ownership, with the top shareholders holding a combined total of 68.20% of the shares[33]. Management and Governance - The company has not granted any stock options under the stock option plan since its adoption on June 20, 2017[49]. - The company has not established any new arrangements for shareholding by directors or senior management during the reporting period[36]. - The report indicates that there are no arrangements made for directors or senior management to hold any interests in the company's shares or related securities during the specified period[36]. - The group has no related party transactions that require disclosure under GEM listing rules[110]. - Total compensation for key management personnel for the three months ended June 30, 2021, was NT$4,725 thousand, a decrease from NT$5,235 thousand in the same period of 2020[111]. - Total compensation for key management personnel for the six months ended June 30, 2021, was NT$9,460 thousand, down from NT$9,726 thousand in the same period of 2020[111].

Financial Performance - Total revenue for the first quarter of 2021 was approximately NT$413.74 million, an increase of about 7.14% compared to NT$386.18 million in the same period of 2020[9]. - The gross profit for the first quarter was approximately NT$98.82 million, with a gross margin of about 23.88%, down from 33.70% in the same period of 2020[14]. - The net profit attributable to the owners of the company was approximately NT$30.76 million, compared to NT$57.53 million in the same period of 2020[14]. - Basic earnings per share for the first quarter were approximately NT$3.12, down from NT$5.71 in the same period of 2020[14]. - The total comprehensive income for the period was NT$30,763,000, down from NT$57,525,000 in the first quarter of 2020[44]. - The company's profit attributable to owners for the period was NT$31,212,000, a decrease of 45.4% from NT$57,066,000 in the first quarter of 2020[44]. - Basic and diluted earnings per share for the first quarter of 2021 were NT$3.12, compared to NT$5.71 for the same period in 2020[44]. Revenue Breakdown - Revenue from the integrated solutions segment was approximately NT$287.99 million, accounting for about 69.61% of total revenue, compared to NT$283.41 million in the same period of 2020[10]. - Revenue from the sale of semiconductor manufacturing equipment and parts was approximately NT$125.75 million, representing a year-on-year increase of about 22.37% from NT$102.77 million[11]. - Revenue from local business in Taiwan accounted for approximately 58.49% of total revenue, while revenue from Singapore, South Korea, and Japan increased by 101.61% year-on-year, accounting for about 16.98% of total revenue[13]. - Revenue from providing integrated solutions was NT$287,988,000, while revenue from trading second-hand semiconductor manufacturing equipment and parts was NT$125,752,000[56]. - Revenue from major customers contributing over 10% of total revenue included Customer A at NT$93,218,000 (up 121% from NT$42,065,000), Customer B at NT$57,262,000 (up 130% from NT$24,889,000), Customer C at NT$50,858,000 (down 13% from NT$58,771,000), and Customer D at NT$41,047,000 (up 43% from NT$28,649,000)[60]. Market Overview - The global semiconductor industry sales reached US$39.6 billion in February 2021, a 14.7% increase from US$34.5 billion in February 2020[8]. - The semiconductor industry in Taiwan is expected to reach NT$3.33 trillion in 2021, representing a potential growth of 3.5% compared to 2020[8]. - The global semiconductor market is entering a high growth phase, driven by strong demand for 5G and high-performance computing (HPC) technologies, with a projected market size of $76 billion in 2021[15]. - North American semiconductor equipment shipments reached $3.27 billion in March 2021, a 4.2% increase from February 2021 and a 48.0% increase year-over-year[15]. - The global semiconductor sales are expected to reach $488.27 billion in 2021, marking a historical high with a year-over-year growth adjustment from 8.4% to 10.87%[15]. - Taiwan's semiconductor output is projected to reach NT$885.9 billion in Q1 2021, a 22% increase compared to the same period in 2020, with an annual forecast of NT$3.33 trillion, a 3.5% growth[15]. - The company anticipates new business opportunities arising from Taiwanese semiconductor investments exceeding NT$3 trillion by 2025[17]. Company Strategy and Governance - The company aims to enhance its core competitiveness and consolidate its market position by actively seizing development opportunities and investing in product research and technology upgrades[8]. - The company plans to enhance its R&D capabilities to support digital transformation, carbon reduction, and smart city initiatives, focusing on high-capacity, high-speed, and low-power semiconductor technologies[18]. - The company is closely monitoring market changes and will adopt proactive strategies to respond swiftly to market shifts[18]. - The company has adopted the corporate governance code as per GEM listing rules, with a noted deviation regarding the roles of the chairman and CEO[34]. - The audit committee, consisting of independent non-executive directors, is responsible for overseeing the integrity of the company's financial statements[38]. - The company has implemented sufficient checks and balances in its management structure despite the noted governance deviation[35]. Shareholder Information - The company holds a significant market share, with major shareholders collectively owning approximately 68.20% of the company's shares[21]. - Major shareholder Jia Jian Development Limited holds 374,625,000 shares, representing approximately 37.46% of total shares[24]. - Ever Wealth Holdings Limited owns 81,150,000 shares, accounting for about 8.11% of total shares[24]. - Total shares held by the concert party, including Tai Yi Investment Co., Ltd., amount to 682,050,000, which is 68.20% of total shares[24]. - The company has not established any arrangements for directors or their close associates to hold any interests in shares or related securities as of March 31, 2021[27]. - The company has a total of 570,750,000 shares held by Tai Yi Investment Co., Ltd. as part of the concert party agreement[24]. Expenses and Financial Position - The cost of sales for the same period was NT$314,919,000, resulting in a gross profit of NT$98,821,000, down 24.1% from NT$130,155,000 in the previous year[44]. - The cost of materials used increased to NT$246,810,000, up 29% from NT$191,666,000 in the previous year[62]. - Employee benefits expenses rose to NT$67,445,000, an increase of 7% from NT$62,870,000 in the previous year[62]. - Research expenses increased to NT$330,000, up 19% from NT$276,000 in the previous year[62]. - Depreciation of property, plant, and equipment amounted to NT$4,727,000, an increase of 36% from NT$3,471,000 in the previous year[62]. - The total expenses for the three months ended March 31, 2021, were NT$369,662,000, up 20% from NT$306,685,000 in the previous year[62]. - The company's total equity as of March 31, 2021, was NT$800,815,000, an increase from NT$683,763,000 as of March 31, 2020[47]. - The estimated average annual tax rate remained stable at approximately 23.6% for both 2021 and 2020[65]. - The company did not engage in any purchase, sale, or redemption of its listed securities from January 1 to March 31, 2021[41]. - The company has not granted any options under the share option scheme since its adoption on June 20, 2017[40]. - The company continues to evaluate the impact of new accounting standards on its performance and financial position[52].

Financial Performance - The total revenue for the group for the year ended December 31, 2020, was approximately NT$1,497.83 million, with a comprehensive income attributable to the owners of the company of approximately NT$143.81 million[8]. - The basic earnings per share were NT$0.1442[8]. - Total revenue for the year ended December 31, 2020, was approximately NT$1,497.83 million, a decrease of about 21.51% compared to NT$1,908.21 million in 2019[12][16]. - Revenue from integrated solutions was approximately NT$992.06 million, accounting for about 66.23% of total revenue, down from NT$1,751.73 million in 2019[13][16]. - Revenue from the sale of second-hand semiconductor manufacturing equipment and parts surged to approximately NT$505.77 million, an increase of about 223.22% year-on-year, representing about 33.77% of total revenue[14][16]. - Gross profit for the year was approximately NT$399.92 million, with a gross margin of about 26.70%, up from 25.61% in 2019[16]. - The company’s net profit attributable to owners was approximately NT$143.81 million, with basic earnings per share of NT$0.1442, down from NT$177.31 million and NT$0.1790 in 2019, respectively[17]. Market Overview - The global semiconductor market revenue reached USD 442 billion in 2020, representing a growth of 5.4% compared to 2019[7]. - Taiwan's semiconductor industry total output value exceeded NT$3 trillion in 2020, an increase of 20.7% from 2019, making it the second largest globally[8]. - The global semiconductor manufacturing equipment market is expected to see double-digit growth in 2021, reaching a historical high of USD 76 billion[8]. - The ongoing development of 5G technology and the "contactless economy" driven by the pandemic are anticipated to create significant business opportunities for the semiconductor industry[9]. - The company noted a 40.98% increase in revenue from U.S. customers, which accounted for about 9.68% of total revenue[16]. - The ongoing U.S.-China trade tensions are expected to provide unprecedented opportunities for Taiwan's semiconductor industry to expand internationally[20]. Company Strategy and Operations - The company completed the expansion of its Taiwan headquarters factory during the review period, enhancing its production capacity[9]. - The acquisition of Chongjun Technology Co., Ltd. in 2019 is expected to diversify the company's business and product portfolio, thereby expanding its customer base and improving profitability[9]. - The company plans to strengthen its innovation and R&D capabilities while strictly controlling costs and expenses to enhance operational efficiency and expand market share[9]. - The group aims to strengthen its innovation and R&D capabilities to capitalize on the opportunities presented by the 5G trend and the "contactless economy" driven by the pandemic[21]. - The group will continue to control expenses and expand its market share to create long-term shareholder value[21]. Corporate Governance - The company has a strong focus on corporate governance, with independent directors serving on various committees[48]. - The board of directors consists of seven members, including four executive directors and three independent non-executive directors, ensuring a balanced governance structure[121]. - The audit committee was established on June 20, 2017, and is responsible for overseeing the integrity of the company's financial statements and reviewing financial controls and risk management systems[111]. - The company has adopted the corporate governance code principles and provisions as set out in the GEM listing rules, with no significant deviations reported except for a minor deviation[115]. - The independent non-executive directors confirmed their independence annually, and the company believes all such directors are independent[129]. Employee and Social Responsibility - The group employed approximately 266 employees as of December 31, 2020, an increase from 246 employees in 2019[32]. - Employee costs amounted to NT$233.37 million in 2020, compared to NT$219.60 million in 2019, indicating an increase of about 6.93%[107]. - Approximately 90% of employees are regular hires, while 10% are contract hires, reflecting the company's commitment to stable employment[198]. - The company maintained a zero-tolerance policy towards workplace sexual harassment, ensuring strict enforcement of penalties for any violations[199]. - The company expanded its insurance coverage for employees during the COVID-19 pandemic, providing more comprehensive protection[198]. Environmental Commitment - The company is committed to minimizing the negative environmental impact of its operations and adheres to applicable environmental laws[55]. - The total waste processed by the company this year amounted to 31,690 kilograms, reflecting its commitment to effective waste management[192]. - The company actively implements measures to improve resource utilization and reduce environmental impact during its operations[193]. - Total greenhouse gas emissions increased to 548.39 tons CO2 equivalent in 2020, up from 443.83 tons in 2019, representing a 23.6% increase[196]. - The total energy consumption rose to 4,176.10 TJ in 2020, compared to 3,063.26 TJ in 2019, marking a 36.4% increase[196]. Shareholder Relations - The company emphasizes effective communication with shareholders to strengthen investor relations and understanding of business performance and strategies[184]. - The company has established a shareholder communication policy to ensure proper handling of shareholder opinions and concerns, which is regularly reviewed for effectiveness[185]. - The company has adopted a dividend policy that outlines principles for declaring and distributing profits to shareholders[185]. - The proposed final dividend for the year ending December 31, 2020, is HKD 0.012 per share, totaling approximately HKD 12,000,000, which is a new dividend compared to none in 2019[60].

2020 第三季度業績報告 由於GEM上市的公司通常為中小型公司，在GEM買賣的證券可能會較於聯交所主板買賣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。 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。 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」）的規定而提供有關靖洋集團控股有限公司（「本公司」）及其附屬 公司（統稱「本集團」）的資料。本公司之董事（「董事」）願共同及個別就本報告負全責，並在作出一切合理查詢後確認，就 彼等所深知及確信，本報告所載資料在各重大方面均屬準確完備，且並無誤導或欺詐成分；亦無遺漏其他事項，以致本 報告所載任何陳述或本報告產生誤導。 本報告以環保紙印刷 公司資料 董事會 2020 THIRD QUARTERL ...