口腔护理产品分部主要包括功效型牙膏,于往绩记录期间迅速增长,并成为本集团的核心业务分部。根据 行业报告,中国消费者日益关注口腔健康,这是导致功效型牙膏的需求增长原因之一。公司于二零零四年 首次利用Fe生物酶技术生产及分销功效型牙膏。为提升功效型牙膏的品牌形象,公司于二零一二年推 出'Fe金典牙医'品牌,以推销公司的功效型牙膏。随着公司于牙膏市场累积经验,本集团成功改善应用于 开发功效型牙膏的Fe生物酶技术,并已于二零一二年向中华人民共和国国家知识产权局取得生物复合酶 牙膏及其制备方法的专利权。公司的Fe生物酶技术分别于二零零四年及二零一五年获中华人民共和国科 学技术部火炬高技术产业开发中心认可为'国家级火炬计划项目',作为公司的技术创新以及成功应用该技 术于商品的认可。于二零一五年,Fe生物酶技术获中国高科技产业化研究会进一步评为'科学技术成果'。 评估委员会认为(其中包括)Fe生物酶技术及其应用于口腔产品开创了国内外同类产品的先河。公司的功 效型牙膏经不同医疗机构(如上海市口腔医学研究所及上海交通大学医学院附属第九人民医院)测试及通 过临床认证,证明公司的功效型牙膏可有效抑制及防止不同口腔问题,日常使用亦符 ...

Financial Performance - The company's revenue for the fiscal year ending December 31, 2024, was approximately RMB 261.3 million, a decrease of about 10.5% compared to RMB 292.0 million in the previous year[10]. - The gross profit margin decreased to approximately 34.2%, down by 3.3% from 37.5% in the previous year[10]. - The net profit for the year was approximately RMB 3.0 million, representing a decline of about 57.7% from RMB 7.1 million in the previous year, with a net profit margin of 1.1%[21]. - The group's revenue decreased by approximately 10.5% from RMB 292.0 million in the previous year to RMB 261.3 million this year, primarily due to a decline in oral care product sales[23]. - Revenue from the oral care product segment fell by approximately RMB 36.0 million or 35.7% to RMB 65.0 million, attributed to label adjustments, insufficient new products, and reduced customer traffic in offline stores[23]. - The group's gross profit decreased by approximately 18.3% from RMB 109.6 million to RMB 89.5 million, mainly due to a drop in sales of higher-margin oral care products[26]. - Administrative expenses for the year were approximately RMB 52.2 million, a decrease of about 7.8% from RMB 56.6 million in the previous year, driven by reduced R&D and maintenance costs[29]. - The capital debt ratio decreased to approximately 27.8% from 32.2% in the previous year, primarily due to a reduction in liabilities[39]. - The group has sufficient cash to meet its operational and capital needs, supported by internal cash flow and bank financing[35]. - The group’s financial liabilities of approximately RMB 38.6 million are all due within the next 12 months, while net current assets and net assets were approximately RMB 105.4 million and RMB 262.3 million, respectively, indicating no liquidity risk[53]. Revenue Segments - Revenue from household hygiene products increased by approximately 5.4% to RMB 182.4 million, up from RMB 173.1 million in the previous year, indicating a positive outlook for future sales[10]. - Revenue from the household hygiene product segment increased by approximately RMB 9.3 million or 5.4% to RMB 182.4 million, driven by ongoing promotions[23]. Operational Developments - The company plans to enhance automation levels for its existing oil stain removal products and introduce a high-end oil stain removal product line to meet market demand[16]. - An advanced fully automated production line for toilet cleaners is set to commence operations, aiming to boost overall sales of kitchen and bathroom products[16]. - The company will increase R&D efforts for household cleaning products, utilizing carbon dot surfactant technology to improve product quality[16]. - The newly renovated cosmetics workshop is expected to be operational by 2025, providing more OEM products for clients[16]. Challenges and Strategies - The company faces challenges in promoting its unique core technology, FE composite enzyme, due to regulatory restrictions on medical terminology in marketing[17]. - The company will leverage strong product efficacy and consumer preferences through innovative marketing strategies to revive sales in oral care products[17]. Governance and Management - The management team has extensive experience, with key members holding senior economic titles and relevant industry qualifications[62][63][64][69]. - The group has a structured management team with diverse backgrounds in finance, operations, and education[62][63][64][69]. - The board consists of six directors, with two being women, reflecting the company's commitment to gender diversity[181]. - The company aims to maintain at least one-third of its board and senior management positions occupied by women[179]. - The board is responsible for maintaining effective risk management and internal control systems, with no significant deficiencies found in operations during the year[195]. Shareholder and Financial Policies - The company reported a net profit level that does not warrant the declaration of a final dividend for the fiscal year ending December 31, 2023, with a previous year's dividend of RMB 0.38 per share[79]. - The company has adopted a dividend policy based on its financial performance, cash flow, and overall business conditions[79]. - The company has established a corporate website to facilitate effective communication with shareholders and the public[199]. - The company will continue to strengthen communication with shareholders and investors to build close relationships[199]. Compliance and Risk Management - The group has implemented environmental protection measures and complied with applicable environmental laws and regulations in all significant aspects during the year[56]. - The group has not conducted any related party transactions or ongoing related party transactions that require disclosure under GEM listing rules during the year[58]. - The company has adopted insider information policies to ensure the accuracy and timeliness of disclosures[198]. - The internal audit function is independent and assesses the effectiveness of risk management and internal control systems[195]. Employee and Training Policies - The group has a total of 272 employees as of December 31, 2024, compared to 263 employees in 2023, indicating a growth of approximately 3.4%[133]. - The company emphasizes employee training to enhance customer service capabilities and product quality control[60]. - All directors participated in ongoing professional training to update their knowledge and skills, ensuring informed contributions to the board[184]. Shareholder Structure - As of December 31, 2024, the major shareholders include Ms. Li Qiu Yan with 593,625,000 shares, representing approximately 59.36% of the company's ordinary shares[112]. - Mr. Tong Xing holds 106,875,000 shares, accounting for about 10.69% of the company's ordinary shares[112]. - The beneficial owner of Zhong Bao Ma Li Investment Limited, Ms. Li, is deemed to have an interest in the shares held by the company[113]. - The beneficial owner of Tong Xing Holdings Limited, Mr. Tong, is also deemed to have an interest in the shares held by the company[113]. - Ms. Zhang Li, spouse of Mr. Tong, holds 106,875,000 shares, which is equivalent to approximately 10.69%[115]. Audit and Compliance - The external auditor, Shinewing (HK) CPA Limited, was paid HKD 600,000 for statutory audit services during the year[191]. - The audit committee conducted three meetings during the year to oversee internal controls and risk management systems[165]. - The audit committee's chairman is an independent non-executive director, ensuring unbiased oversight[164]. - The board reviewed the implementation and effectiveness of the shareholder communication policy during the year and expressed satisfaction[199].

Financial Performance - The company's revenue for the year ended December 31, 2024, was RMB 292,009 thousand, a decrease of 10.2% compared to RMB 261,297 thousand for the previous year[4] - Gross profit for the year was RMB 109,556 thousand, representing a 22.5% increase from RMB 89,486 thousand in the prior year[4] - The net profit for the year was RMB 7,061 thousand, up 138.5% from RMB 2,969 thousand in the previous year[4] - The total comprehensive income for the year was RMB 8,482 thousand, compared to RMB 2,434 thousand for the previous year, indicating a significant increase[4] - Basic and diluted earnings per share were RMB 0.30 for the year, compared to RMB 0.71 in the previous year[4] - The company reported a total comprehensive income of RMB 2,434,000 for the year ended December 31, 2024, compared to RMB 8,482,000 for the previous year, reflecting a decrease of approximately 71.3%[9] - The net profit for the year was RMB 2,969,000, down from RMB 7,061,000 in the previous year, indicating a decline of about 57.9%[9] - The company declared dividends totaling RMB 3,800,000 for the year ended December 31, 2024, compared to RMB 5,000,000 in the previous year, representing a reduction of 24%[9] - The basic and diluted earnings per share for 2024 were RMB 2,969,000, down 57.9% from RMB 7,061,000 in 2023[24] - The net profit for the year was approximately RMB 3.0 million, down about 57.7% from RMB 7.1 million in the previous year, resulting in a net profit margin of approximately 1.1%, a decrease of about 1.3% from the previous year's 2.4%[34] Assets and Liabilities - Non-current assets decreased to RMB 158,734 thousand from RMB 169,821 thousand in the previous year, reflecting a decline of 6.5%[5] - Current assets totaled RMB 176,379 thousand, slightly down from RMB 178,742 thousand in the previous year[5] - The company's total liabilities decreased to RMB 70,943 thousand from RMB 84,881 thousand, a reduction of 16.4%[6] - The company's total assets remained stable at RMB 264,170 thousand, compared to RMB 263,682 thousand in the previous year[6] - The company's capital and reserves totaled RMB 262,316 thousand, consistent with the previous year's figure of RMB 263,682 thousand[6] - Total assets decreased to RMB 335,113,000 in 2024 from RMB 348,563,000 in 2023, a reduction of 3.8%[19] - Total liabilities decreased to RMB 72,797,000 in 2024 from RMB 84,881,000 in 2023, a decline of 14.3%[19] - Total equity as of December 31, 2024, was approximately RMB 262.3 million, slightly down from RMB 263.7 million as of December 31, 2023[46] - Current assets were approximately RMB 176.4 million, down from RMB 178.7 million as of December 31, 2023, with current liabilities of approximately RMB 70.9 million[46] - The capital debt ratio as of December 31, 2024, was approximately 27.8%, down from 32.2% as of December 31, 2023, primarily due to a reduction in liabilities[51] Revenue Segmentation - Revenue from external customers for the oral care segment was RMB 65,015,000 in 2024, down 35.6% from RMB 101,058,000 in 2023[18] - Total revenue for the household hygiene segment was RMB 182,373,000 in 2024, an increase of 5.4% from RMB 173,087,000 in 2023[18] - The revenue from the oral care product segment decreased by approximately RMB 36.0 million or 35.7% to about RMB 65.0 million, primarily due to reduced sales volume[35] - The revenue from the household hygiene product segment increased by approximately RMB 9.3 million or about 5.4% to approximately RMB 182.4 million, attributed to strategic adjustments and increased demand[35] Costs and Expenses - The gross profit decreased by approximately 18.3% to about RMB 89.5 million, mainly due to reduced sales volume in the higher-margin oral care products[39] - The gross profit margin decreased from approximately 37.5% in the previous year to about 34.2% in the current year, a reduction of about 3.3%[40] - Selling and distribution costs decreased by approximately RMB 11.1 million or 22.2% to about RMB 38.8 million, primarily due to reduced advertising and promotional expenses[41] - Administrative expenses for the year amounted to RMB 52.2 million, a decrease of approximately RMB 4.4 million or 7.8% compared to RMB 56.6 million in the same period last year[42] - Financing costs for the year were approximately RMB 0.2 million, down by about RMB 0.3 million or 62.1% from RMB 0.5 million in the same period last year[43] - Income tax expenses for the year were approximately RMB 0.04 million, a decrease of about RMB 0.55 million or 93.2% compared to RMB 0.59 million in the same period last year[44] Corporate Governance and Compliance - The Audit Committee was established in June 2016, ensuring compliance with GEM listing rules and overseeing financial reporting and internal controls[73] - The company has maintained compliance with relevant laws and regulations, with no significant violations reported this year[69] - The company is committed to maintaining high standards of corporate governance for the best interests of shareholders[80] - The company has complied with all applicable code provisions during the year[81] - The roles of the Chairman and the CEO are clearly separated, with Li Qiuyan serving as Chairman and Tong Xing as CEO[82] - The company has maintained sufficient public float since its listing date, in accordance with GEM listing rules[84] Future Outlook and Strategy - The company is expected to continue its focus on expanding its market presence and product development in the coming years[10] - The company aims to enhance automation levels in its existing oil stain removal products to meet growing market demand[71] - New high-end oil stain removal products will be launched to cater to diverse market needs[71] - The company plans to invest in an advanced automated production line for toilet cleaners, leveraging its market network to boost sales[71] - The company will increase R&D efforts for household cleaning products, incorporating carbon dot surfactant technology into its offerings[71] - The company faces challenges in promoting its unique core technology, FE composite enzyme, due to regulatory restrictions on medical claims[72] Employee and Operational Information - The group had approximately 272 employees as of December 31, 2024, compared to 263 employees in the previous year[56] - Employee costs for the year were approximately RMB 29.1 million, down from RMB 32.8 million in the previous year, mainly due to a reduction in sales commissions[56] Lease Agreements - The company signed a lease agreement for a property in Shanghai with a total sales area of approximately 2,908.27 square meters, with a fixed lease term of 2 years starting from February 1, 2025, at a quarterly rent of RMB 470,000[57] - Jiangsu Snow Leopard signed a lease agreement with Shanghai Fumeizi for a fixed term of two years, starting from December 1, 2022, with quarterly rent of RMB 480,000[66] - A subsequent lease agreement is planned for December 1, 2024, for two months at a rent of RMB 320,000[68] Foreign Exchange and Risk Management - The company has not entered into any formal foreign exchange hedging policies and has limited ability to mitigate foreign exchange rate risks due to the non-convertibility of the RMB[60] - As of December 31, 2024, trade receivables accounted for approximately 21% from the largest customer and about 38% from the top five customers, compared to 12% and 26% respectively in 2023[62] - The company's net current assets and net assets as of December 31, 2024, were approximately RMB 105.4 million and RMB 262.3 million, indicating no liquidity risk[63]

China Golden Classic Group Limited 中 國 金 典 集 團 有 限 公 司 (於開曼群島註冊成立之有限公司) 股份代號：8281 VIT 75 雪豹 中期報告 2024 香港聯合交易所有限公司（「聯交所」）GEM的特色 GEM的定位，乃為相比起其他在聯交所上市的公司帶有較高投資風險的中小型公 司提供一個上市的市場。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。 由於在GEM上市的公司普遍為中小型公司，在GEM買賣的證券可能會較於聯交所 主板買賣的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。 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。 本報告乃根據GEM證券上市規則（「GEM上市規則」）之規定提供有關中國金典集團 有限公司（「本公司」，連同其附屬公司統稱「本集團」）之資料。本公司各董事（「董 事」）共同及個別對本報告承擔全部責任。各董事於作出一切合理諮詢後 ...

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 分 內 容 而 產 生 或 因 依 賴 該 等 內 容 而 引 致 的 任 何 損 失 承 擔 任 何 責 任。 China Golden Classic Group Limited 中國金典集團有限公司 （於開曼群島註冊成立之有限公司） （股份代號：8281） 截至二零二四年六月三十日止六個月之 中期業績公告 香 港 聯 合 交 易 所 有 限 公 司（「聯 交 所」）GEM的特色 GEM的 定 位，乃 為 相 比 起 其 他 在 聯 交 所 上 市 的 公 司 帶 有 較 高 投 資 風 險 的 中 小 型 公 司 提 供 一 個 上 市 的 市 場。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。 由於在GEM上 市 的 公 司 普 遍 為 中 小 型 公 司，在GEM買賣的證 ...

Financial Performance - The company's revenue for the fiscal year ended December 31, 2023, was approximately RMB 292.0 million, an increase of about 7.9% compared to RMB 270.5 million in the previous year[11]. - The gross profit margin for the fiscal year was 37.5%, remaining roughly the same as the previous year[11]. - The net profit for the fiscal year was approximately RMB 7.1 million, a decrease of about 41.9% from RMB 12.2 million in the previous year, resulting in a net profit margin of 2.4%[20]. - The group's revenue increased by approximately 7.9% from about RMB 270.5 million in the previous year to approximately RMB 292.0 million this year, primarily due to the growth in the household hygiene products segment[22]. - The group's gross profit increased by approximately 7.8% from about RMB 101.6 million to approximately RMB 109.6 million, mainly due to increased sales in household hygiene products[26]. - The gross profit margin slightly decreased from approximately 37.6% to about 37.5%[27]. - Administrative expenses rose by approximately RMB 9.2 million or 19.3% to about RMB 56.6 million, driven by increased personnel costs and renovations[31]. - The net profit decrease was primarily attributed to increased administrative expenses and fair value losses on financial assets[21]. Revenue Segmentation - Revenue from household hygiene products increased by approximately 21.4% to RMB 173.1 million, up from RMB 142.6 million in the previous year[11]. - The oral care products segment's revenue decreased by approximately RMB 8.5 million or 7.8% to approximately RMB 101.1 million, attributed to necessary adjustments for compliance with new labeling regulations effective from December 1, 2023[22]. - The household hygiene products segment's revenue rose by approximately RMB 30.5 million or 21.4% to approximately RMB 173.1 million, driven by ongoing promotions[22]. Future Outlook and Strategy - The company plans to expand its cosmetics workshop to meet the demand for private label products[18]. - The company aims to further expand its household hygiene products market in Northwest and Northeast China, particularly in kitchen and bathroom cleaning products[18]. - A new retail department head has been appointed to enhance e-commerce and live-streaming sales[18]. - The company will launch new automotive cleaning products, including glass cleaner, in the market[18]. - The company has set a future outlook with a revenue target of 1.8 billion for the next fiscal year, indicating an expected growth of 20%[66]. - New product launches are anticipated, including a line of eco-friendly products aimed at capturing a larger market share[66]. - The company is investing in new technology development, allocating 10% of its revenue towards R&D initiatives[66]. - Market expansion plans include entering three new international markets by the end of the next fiscal year[66]. - The company is considering strategic acquisitions to enhance its product portfolio and market presence[66]. - A new marketing strategy focusing on digital channels is being implemented to increase brand awareness and customer engagement[66]. - The management team has emphasized the importance of sustainability in future business strategies, aiming for a 30% reduction in carbon footprint by 2025[66]. Dividend and Shareholder Information - The proposed final dividend for the year is RMB 0.38 per share, down from RMB 0.5 per share in the previous year[16]. - The total amount of the proposed final dividend is approximately RMB 3,800,000, assuming no further share issuance or repurchase before the record date[86]. - The company has adopted a dividend policy that considers actual and expected financial performance, cash flow, and overall business conditions[85]. - As of December 31, 2023, the distributable reserves available to shareholders amounted to approximately RMB 119.6 million[120]. - The company has not purchased, sold, or redeemed any of its listed securities during the year[101]. - The sales to the top five customers accounted for approximately 22% of the total sales for the year, with the largest customer contributing about 7%[106]. - The procurement from the top five suppliers represented around 45% of the total procurement for the year, with the largest supplier accounting for about 20%[106]. Corporate Governance - The company has maintained good relationships with suppliers and customers, with no significant disputes reported during the year[62]. - The board consists of three executive directors and three independent non-executive directors, ensuring a balanced governance structure[172]. - The audit committee is chaired by an independent non-executive director, ensuring impartiality in financial oversight[187]. - The board is committed to maintaining high corporate governance standards and has adhered to all applicable code provisions during the year[162]. - The company has adopted internal guidelines to ensure compliance with corporate governance standards and risk management practices[176]. - The independent non-executive directors have confirmed their independence in accordance with GEM listing rules[156]. - The board is ultimately responsible for the selection and appointment of new directors, based on recommendations from the Nomination Committee[196]. Employee and Operational Information - The group had a total of 263 employees as of December 31, 2023, a slight decrease from 266 employees in 2022[150]. - The group has approximately 263 employees as of December 31, 2023, with employee costs amounting to RMB 32.8 million, an increase from RMB 27.0 million in 2022[48]. - Charitable donations made by the group amounted to RMB 553,000 in the current year, compared to RMB 325,000 in 2022, representing a 70% increase[155]. Risk Management - The group has no significant foreign exchange risk as most sales and production costs are settled in RMB, with limited expenses in USD and HKD[45]. - The group faces interest rate risk related to bank balances and borrowings, with no current interest rate swaps in place[59]. - The group has not recorded any expected credit loss for trade receivables this year, maintaining a good collection record with major clients[54]. - Approximately 12% of trade receivables are from the group's largest customer, up from 7% in 2022, indicating increased credit concentration risk[54]. - The group has no formal foreign exchange hedging policy and has not engaged in any hedging activities this year[53]. Miscellaneous - There have been no significant events or changes in the group's operations or financial condition since the end of the fiscal year[49]. - The company has not conducted any related party transactions or continuing related party transactions that require disclosure under GEM Listing Rules during the year[123]. - The company has not established any equity-linked agreements during the year[100]. - The company did not enter into any management or administrative contracts involving a substantial part of its business during the year[116]. - The company has not changed its external auditor for the past three years, with the current auditor being Shinewing (HK) CPA Limited[159].

Financial Performance - The company's revenue for the year ended December 31, 2023, was RMB 292,009,000, an increase of 7.9% compared to RMB 270,536,000 for the previous year[5] - Gross profit for the same period was RMB 109,556,000, representing a gross margin of 37.5%, up from RMB 101,610,000 in the previous year[5] - The net profit for the year was RMB 7,061,000, a decrease of 41.5% from RMB 12,152,000 in the previous year[5] - The total comprehensive income for the year was RMB 8,482,000, down from RMB 12,185,000 in the previous year[5] - Basic and diluted earnings per share were RMB 0.71, compared to RMB 1.22 in the previous year, reflecting a decline of 41.8%[5] - The total comprehensive income for the year ended December 31, 2023, was RMB 8,482,000, compared to RMB 12,185,000 for the year ended December 31, 2022, representing a decrease of approximately 30%[11] - The net profit for the year ended December 31, 2023, was RMB 7,061,000, down from RMB 12,152,000 in the previous year, indicating a decline of about 42%[11] - The company reported a net income of RMB 7,650,000 for the year ended December 31, 2023, down from RMB 13,291,000 in 2022[24] - The company plans to propose a final dividend of RMB 0.38 per share for the year ended December 31, 2023, compared to RMB 0.50 per share in 2022[30] - The board of directors proposed a final dividend of RMB 0.38 per share for the current year, down from RMB 0.50 per share for the previous year[98] Assets and Liabilities - The company's total assets as of December 31, 2023, were RMB 263,682,000, slightly up from RMB 262,908,000 in the previous year[6] - Current liabilities decreased to RMB 84,881,000 from RMB 101,239,000 in the previous year, indicating improved liquidity[6] - Cash and cash equivalents increased to RMB 77,932,000 from RMB 73,011,000, showing a positive cash flow trend[6] - The company reported a decrease in trade and other payables to RMB 49,471,000 from RMB 61,615,000, reflecting better management of liabilities[7] - The total equity as of December 31, 2023, was RMB 263,682,000, up from RMB 260,200,000 as of December 31, 2022, representing a slight increase of about 1.9%[11] - The current ratio improved to 2.11 from 1.83 year-on-year, indicating better liquidity[59] - The debt-to-equity ratio decreased to approximately 32.2% from 39.9% in the previous year, reflecting a reduction in total debt[64] - Trade receivables from third parties amounted to RMB 37.228 million, up from RMB 34.949 million in the previous year[33] - The company's trade payables decreased to RMB 36.641 million from RMB 46.654 million in the previous year[36] Segment Performance - Oral care product segment revenue from external customers was RMB 101,058,000, leather care products RMB 17,864,000, and household hygiene products RMB 173,087,000, totaling RMB 292,009,000 for the year ended December 31, 2023[24] - The segment profit for oral care products was RMB 37,534,000, leather care products RMB 6,126,000, and household hygiene products RMB 65,896,000, totaling RMB 109,556,000 for the year ended December 31, 2023[24] - The household hygiene product segment's revenue increased by approximately RMB 30.5 million or 21.4% to RMB 173.1 million[44] - The oral care product segment's revenue decreased by approximately RMB 8.5 million or 7.8% to RMB 101.1 million due to necessary adjustments for compliance with labeling regulations[43] - The leather care product segment's revenue decreased by approximately RMB 0.4 million or 2.3% to RMB 17.9 million, attributed to weak demand[46] Costs and Expenses - Selling and distribution costs rose by approximately 8.6% to about RMB 49.8 million, attributed mainly to increased advertising expenses[52] - Administrative expenses increased by approximately 19.3% to about RMB 56.6 million, driven by higher personnel costs and renovations[53] - The total employee costs increased from RMB 27,044,000 in 2022 to RMB 32,778,000 in 2023[28] - Financing costs increased from RMB 245,000 in 2022 to RMB 478,000 in 2023, with bank loan interest rising from RMB 237,000 to RMB 406,000[28] - Financing costs increased by approximately 95.1% to about RMB 0.5 million, due to reduced income from financial management products and increased average loan rates[54] Research and Development - The company recognized a total of RMB 10,680,000 in research and development expenses for the year ended December 31, 2023, compared to RMB 10,781,000 in 2022[28] Market and Expansion Plans - The company has plans for market expansion and new product development, although specific details were not disclosed in the report[5] - The company plans to further expand its household cleaning product market in Northwest and Northeast China, particularly in kitchen and bathroom cleaning products[94] - The company will launch new automotive cleaning products, including glass water, in the market[94] - The company has appointed Mr. Tong Huaizhou as the new head of retail to enhance sales in e-commerce and live broadcast businesses[94] Compliance and Governance - The company has not applied any new accounting standards that would significantly impact its financial performance for the current or prior years[15] - The company anticipates that the application of revised Hong Kong Financial Reporting Standards will not have a significant impact on its performance and financial position[19] - The board of directors confirms that the information provided in the announcement is accurate and complete, with no misleading or fraudulent elements[109] Employee Relations and Environmental Compliance - The group emphasizes the importance of maintaining good relationships with employees, with compensation policies aligned with market practices[70] - The company has implemented environmental protection measures, including noise control and waste discharge procedures, ensuring compliance with applicable environmental laws and regulations in China[83] Subsidiary Operations - Jiangsu Snow Leopard, a wholly-owned subsidiary, signed a lease agreement for a property of approximately 2,908.27 square meters in Shanghai, with a fixed rental period of two years and quarterly rent of RMB 480,000[84] Risk Management - The group does not face significant foreign exchange risk as most sales and production costs are settled in RMB, with limited expenses in USD and HKD[69] - The group has not recorded any expected credit loss for trade receivables this year, maintaining a strong collection record with no significant historical payment defaults[76] - The group has no formal foreign exchange hedging policy in place and has not engaged in any hedging activities this year to manage currency risk[75] - The group faces low credit risk from bank balances as these are held in reputable banks with high credit ratings[79] - The group does not currently have any interest rate hedging instruments in place to mitigate the risk of interest rate fluctuations[81] Audit and Reporting - The Audit Committee reviewed the company's financial performance for the three months ending March 31, 2023, and the nine months ending September 30, 2023, prior to submission to the Board[92] - The annual performance announcement will be published on the company's website and the stock exchange website[108] - The announcement will be available on the stock exchange website for at least seven days from the publication date[111]

Financial Performance - Revenue for the third quarter of 2023 reached RMB 74,857,000, an increase of 5.5% compared to RMB 71,281,000 in the same period of 2022[5] - Gross profit for the third quarter was RMB 30,439,000, representing a gross margin of 40.6%, up from RMB 26,963,000 in the previous year[5] - The net profit for the third quarter was RMB 6,297,000, a significant increase of 90.0% compared to RMB 3,309,000 in Q3 2022[5] - Basic and diluted earnings per share for the third quarter were RMB 0.63, compared to RMB 0.33 in the same quarter last year, reflecting a growth of 90.9%[5] - Total revenue for the nine months ended September 30, 2023, was RMB 203,269,000, up 9.2% from RMB 186,203,000 in the same period of 2022[5] - The company reported a total comprehensive income of RMB 5,888,000 for the nine months, compared to RMB 2,834,000 in the previous year, marking a growth of 107.5%[8] - The company reported a net profit attributable to owners of RMB 5,357,000 for the nine months ended September 30, 2023, compared to RMB 1,802,000 in the same period last year, marking an increase of 197.5%[28] - Basic earnings per share for the nine months ended September 30, 2023, was RMB 5.36, significantly higher than RMB 1.80 for the same period in 2022[28] - The net profit for the period was approximately RMB 5.4 million, a significant increase of about 197.3% from RMB 1.8 million in the previous year, resulting in a net profit margin of approximately 2.6%[36][47] Revenue Breakdown - Oral care product revenue for the nine months ended September 30, 2023, was RMB 74,318,000, down 10.4% from RMB 82,968,000 in the previous year[21] - Leather care product revenue for the nine months ended September 30, 2023, was RMB 10,689,000, a slight decrease of 3.5% from RMB 11,071,000 in the same period last year[21] - Household hygiene product revenue surged to RMB 118,262,000 for the nine months ended September 30, 2023, representing a significant increase of 28.4% from RMB 92,164,000 in 2022[21] - Revenue from household hygiene products increased by approximately RMB 26.1 million or 28.3% to RMB 118.3 million, driven by growing popularity in the domestic market[37] - Revenue from oral care products decreased by approximately RMB 8.6 million or 10.4% to RMB 74.3 million, mainly due to necessary adjustments in labeling procedures to comply with new regulations[40] Expenses and Costs - The company’s financing costs decreased to RMB 119,000 in Q3 2023 from RMB 248,000 in Q3 2022, indicating improved financial management[5] - Administrative expenses rose to approximately RMB 39.0 million, an increase of about 17.6% from RMB 33.2 million in the previous year, mainly due to higher R&D costs and employee benefits[44] - The company’s income tax expense for the nine months ended September 30, 2023, was RMB 2,161,000, compared to RMB 773,000 in the same period last year, reflecting an increase of 179.4%[23] - The depreciation of property, plant, and equipment for the nine months ended September 30, 2023, was RMB 14,069,000, up from RMB 8,035,000 in the previous year, indicating a rise of 74.5%[26] - The company reported a total inventory cost of RMB 125,388,000 for the nine months ended September 30, 2023, compared to RMB 117,806,000 in the same period last year, an increase of 6.5%[26] Dividends and Shareholder Returns - The company declared dividends of RMB 4,978,000 during the nine months, maintaining a commitment to return value to shareholders[8] - The company did not recommend the distribution of an interim dividend for the current period, compared to no interim dividend declared for the same period last year[30] - The company does not plan to declare any dividends for the period[48] Future Plans and Market Outlook - The company plans to expand its market presence and invest in new product development to drive future growth[10] - The company plans to enhance its competitive edge by increasing the application and testing standards of lysozyme technology, publishing academic papers, and applying for relevant patents[35] - The economic environment is expected to improve, but regulatory changes in China may introduce uncertainties for the promotion and sales of oral care products starting December 1, 2023[33] Corporate Governance and Compliance - The company complies with GEM listing rules and corporate governance codes, striving to maintain the highest standards[67] - Since its listing, the company has maintained sufficient public float to comply with GEM listing rules[69] - The audit committee has reviewed the unaudited consolidated results for the period and found them to comply with applicable accounting standards and legal requirements[65] - The company has not purchased, sold, or redeemed any listed securities during the period[60] - The controlling shareholder has not violated any terms of the non-competition agreement as of the report date[63] Shareholding Structure - 中寶瑪儷持有中國金典集團57.56%的股份，童星控股持有10.69%的股份[55] - 於2023年9月30日，董事會確認無其他人士擁有需披露的股份或權益[57] - 於本報告日期，執行董事包括李秋雁、童星及杜永衛，獨立非執行董事包括葉敬仲、潘慶偉及鄧維祐[71] - 公司於2016年採納的購股權計劃有效期為10年，至2026年結束[58]

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依賴該等內容而引致的任何損失承擔任何責任。 China Golden Classic Group Limited 中 國 金 典 集 團 有 限 公 司 （於開曼群島註冊成立之有限公司） （股份代號：8281） 二 零 二 三 年 第 三 季 度 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主 板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。 本公告乃根據GEM證券上市規則（「GEM上市規則」）之規定提供有關中國金典集 團有限公司（「本公司」，連同其附屬公司，「本集團」）之資料。本公司各董事（「董 事」）共同及個別對本公告承擔全部責任。 ...

Financial Performance - Revenue for the six months ended June 30, 2023, was RMB 128,412 thousand, an increase of 11.3% compared to RMB 114,922 thousand for the same period in 2022[10]. - Gross profit for the same period was RMB 47,442 thousand, representing a gross margin of 36.9%, up from RMB 41,434 thousand in 2022[10]. - The company reported a loss before tax of RMB 170 thousand for the six months ended June 30, 2023, compared to a loss of RMB 1,574 thousand in the previous year, indicating an improvement[10]. - For the six months ended June 30, 2023, the total comprehensive income was a loss of RMB 709,000, compared to a loss of RMB 666,000 for the same period in 2022[19]. - The company reported a net loss attributable to owners of RMB 940 thousand for the six months ended June 30, 2023, compared to a loss of RMB 1,507 thousand for the same period in 2022[41]. - The basic and diluted loss per share for the six months ended June 30, 2023, was RMB 0.09, compared to a loss of RMB 0.15 for the same period in 2022[10]. - The company’s net loss for the period was approximately RMB 0.9 million, a reduction of about 37.6% from a net loss of RMB 1.5 million in the same period last year[68][82]. Assets and Liabilities - Total assets as of June 30, 2023, were RMB 329,908 thousand, down from RMB 364,147 thousand as of December 31, 2022[12]. - Current liabilities decreased to RMB 73,180 thousand from RMB 101,239 thousand at the end of 2022, reflecting improved liquidity[12]. - Total liabilities decreased to RMB 75,395 thousand as of June 30, 2023, from RMB 103,947 thousand as of December 31, 2022[36]. - The company reported a decrease in retained earnings to RMB 126,579,000 as of June 30, 2023, down from RMB 132,497,000 at the beginning of the year[19]. - Trade receivables decreased to RMB 29,495,000 as of June 30, 2023, from RMB 34,726,000 as of December 31, 2022, representing a decline of approximately 15%[51]. - Trade payables decreased to RMB 37,530,000 as of June 30, 2023, down from RMB 46,654,000 as of December 31, 2022, indicating a reduction of about 19%[60]. - Contract liabilities decreased to RMB 10,392,000 as of June 30, 2023, from RMB 20,883,000 at the end of the previous year, reflecting a decline of approximately 50%[60]. Cash Flow and Management - Cash and cash equivalents decreased to RMB 39,297 thousand from RMB 73,011 thousand, indicating a need for cash management strategies[12]. - The net cash used in operating activities for the six months ended June 30, 2023, was RMB 28,171,000, slightly higher than RMB 26,358,000 in the previous year[22]. - The company’s investment activities resulted in a net cash outflow of RMB 4,192,000 for the period, contrasting with a net inflow of RMB 1,928,000 in the previous year[22]. - The company’s financing activities led to a net cash outflow of RMB 1,698,000, compared to RMB 13,716,000 in the same period last year[22]. - The company has capital commitments of RMB 1,958,000 for the acquisition of property and equipment as of June 30, 2023[64]. - The group maintained bank borrowings of RMB 15.0 million as of June 30, 2023, unchanged from December 31, 2022, with a cash and bank balance of approximately RMB 39.3 million, down from RMB 73.0 million[87]. Revenue Segments - The company’s revenue segments include oral care, leather care, and household hygiene products, with all revenues recognized at a point in time upon delivery[28]. - Oral care segment revenue decreased by 8.1% to RMB 48,546 thousand from RMB 52,744 thousand year-on-year[32]. - Household hygiene segment revenue increased significantly by 30.7% to RMB 73,360 thousand from RMB 56,097 thousand year-on-year[32]. - Revenue from household hygiene products increased by approximately RMB 17.3 million or 30.8% to about RMB 73.4 million, while oral care product sales decreased by approximately RMB 4.2 million or 8.0% to RMB 48.5 million due to necessary adjustments in labeling procedures[68][75]. Future Plans and Strategies - The company plans to focus on market expansion and new product development in the upcoming quarters[18]. - The company plans to expand into the Middle East and Central Asia markets next year as part of its strategy to enhance product competitiveness[72]. - A dedicated team will be established to manage the filing requirements for toothpaste products in compliance with new regulations effective December 1, 2023, to mitigate uncertainties in promotion and sales[72]. Corporate Governance - The audit committee has reviewed the unaudited condensed consolidated results for the period and confirmed compliance with applicable accounting standards and GEM listing rules[112]. - The company has complied with the corporate governance code as per GEM listing rules throughout the reporting period[115]. - The board of directors has confirmed adherence to the established code of conduct for securities trading during the reporting period[109]. - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and risk management[112]. Shareholder Information - Major shareholders included Zhongbao Mali Investment Limited with a 57.56% stake and Tongxing Holdings Limited with a 10.69% stake as of June 30, 2023[102]. - The company declared a final dividend of HKD 0.559 per share for the year ended December 31, 2022, totaling HKD 5,590,000[45]. - The company does not recommend the payment of an interim dividend for this period[83].